Author Question: In her small retail shop, Jocelyn knows most of her best customers by name and knows their ... (Read 106 times)

V@ndy87 · **on:** Jul 14, 2018

In her small retail shop, Jocelyn knows most of her best customers by name and knows their preferences in clothing and shoes. This demonstrates which advantage of a small business?
A) Ability to adapt to change
B) Independence from customers' desires
C) Simplified record keeping
D) Personal relationships with customers
E) Small customer base

Question 2

Which of the following firms is most likely to receive venture capital?
A) Virtual reality Internet company
B) Laundromat
C) Local fast-food restaurant
D) Book retailer
E) Convenience store