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24 October, 10:47

One advantage of a small business is that it can introduce a new product in a short period of time. true or false

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  1. 24 October, 13:01
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    True

    Explanation:

    Large companies requires R&D before investing in a new product, which quite expensive, because they are liable to provide the best product as they own a large profitable company, customers expectations will be huge. In contrast, small companies doesn't require to invest in screening, testing, or anything else, they are situated in a local area, and whatever they will introduce will be accepted by their small number of customers. So, they won't waste much time to launch a new one.
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