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Which of the following factor has allowed small companies to act like they are big ones?

(A) technology
(B) customers
(C)economic development
(D) competition

User Srayner
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Final answer:

A. Technology has allowed small companies to act like they are big ones by enabling them to reach customers beyond their local area and compete on a larger scale. It also facilitates efficient management of operations and expands the global presence of small companies.

Step-by-step explanation:

One factor that has allowed small companies to act like they are big ones is technology. With advancements in technology, small companies are able to reach customers beyond their local area and compete on a larger scale. For example, the internet and e-commerce platforms enable small businesses to sell their products or services to customers all over the world, creating opportunities for growth and expansion.

Technology also facilitates efficient management of operations across different locations, which can encourage larger firms. Improved communication and information technologies make it easier for small companies to have a global presence, manage multiple plants and operations, and compete with larger companies.

User Allen Fernandes
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