Multiple Choice
Which of the following would not hinder the success of micro- sized firms in the UK?
A) Lack of economies of scale
B) Banks not willing to lend on reasonable terms
C) Lack of marketing or product credibility
D) Owners worried about managers establishing non profit- maximising objectives
E) Lack of key management skills
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Most small firms have problems obtaining finance
Q2: Small firms often serve a localised market.
Q3: Small firms can adopt strategies that will
Q4: Summarise the forms of financial support available
Q6: Small firms typically find it easier than
Q7: Several factors help small firms succeed. Which
Q8: Which strategies will lead to fast growth
Q9: Several factors make it difficult for SMEs
Q10: Bank loans to small firms are often
Q11: Fast growing firms tend not to bring