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Explain 4 factors which have contributed to existence of small firms in any economy dominated by big businesses.
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Jul 27, 2021
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Business Studies Form 3
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anony mous
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Aug 12, 2021
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anony mous
Explain 4 factors which have contributed to existence of small firms in any economy dominated by big businesses.
size and location of a firm
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Jul 27, 2021
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anony mous
Size of market
Nature of products
Simplicity of the organization
Flexibility of the firms
Quick decision making
More manageable
Retain control
Few legal processes
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