Question

Small businesses are more able than big businesses to perform efficiently in which of the following areas?

a. management
b. higher profit margins
c. fewer expenses
d. distribution

Answer 1

Small businesses excel in adaptability and customer relations due to their ability to make swift decisions and their close relationship with customers.The right option is a)

Step-by-step explanation:

Small businesses are often more agile than larger corporations, allowing them to adapt more quickly to changing market conditions and customer preferences. While big businesses may have advantages in areas like management, profit margins, expenses, and distribution, it is in adaptability and customer relations where small businesses can truly excel. This advantage stems from their closeness to the customer, ability to make swift decisions, and typically being less constrained by large, complex bureaucratic systems.