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Which of the Following Is an Example of an Advantage

Question 18

Multiple Choice

Which of the following is an example of an advantage that an established firm has over a new firm?


A) Companies face a learning curve when they develop any product or service.
B) Business depends a great deal on reputation.
C) Many businesses face economies of scale.
D) New companies often find it difficult to compete with established companies because they lack complementary assets.
E) All of the above

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