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Often Small Firms Seek to Establish a Particular Niche in the Market

Question 15

Multiple Choice

Often small firms seek to establish a particular niche in the market that closely serves the needs of certain customers. When a number of small businesses operate in this manner, it forces larger businesses to recognize and account for their influence on the market. This is an example of small businesses doing which of the following?


A) providing competition
B) providing technical innovation
C) creating jobs
D) avoiding downsizing

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