Home » Past Questions » Economics » The major reason for the survival of small shops despite competition from large ...

The major reason for the survival of small shops despite competition from large ...


Question

The major reason for the survival of small shops despite competition from large business enterprises is because of?

Options

A)
the small capital outlay involved
B)
regularity and constant supply of commodities by them
C)
their local srvices and longer hours of operation
D)
their level of managerial competence

The correct answer is C.


More Past Questions:


Discussion