Multiple Choice
All of the following,except one,are possible explanations for why large-scale operations may not be as important for firms in many industries in the future.
A) Economies of scale are becoming less important in some industries because of new technology.
B) Financial capital is now more readily available to small firms than it used to be.
C) Consumer demand is shifting towards more customized products.
D) Very large,established firms are often less flexible.
E) Small firms can advertise their products on TV for a per unit cost that is just as inexpensive as large firms.
Correct Answer:

Verified
Correct Answer:
Verified
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