Which of the following is not true of small companies ? they
- Cannot benefit from economies of scale
- Are a good source of new jobs
- Can satisfy demand in specialist markets
-
Have a good record of technical innovation
The correct answer is: D
Explanation
Small companies do not have a good record of technical innovation because they are mainly a start up whose operations are limited to a small market area, small teams of employee, limited area of locations and lower revenue and profitability.