Which of the following advantages is most commonly associated with a small-scale business enterprise when compared to a large-scale firm?
- Ability to maintain close personal contact with customersCevap
- BEnjoyment of extensive technical economies of scale
- CImplementation of complex division of labour across specialized departments
- DEarning interest as the primary reward for entrepreneurial risk-taking
Cevap
The ability to maintain close personal contact with customers is a major advantage of small-scale production.
Small-scale enterprises feature direct owner-manager participation and smaller customer bases, allowing them to establish personal relationships, offer tailored services, and respond quickly to consumer preferences.
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Advantages of Small Scale Production