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Which is not the characteristics of small business:OptionsPriority of workersUnlimited work scopeFree managementFree management Decision

Question

Which is not the characteristics of small business:

  • Options
  • Priority of workers
  • Unlimited work scope
  • Free management
  • Free management Decision
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Solution

Sure, let's analyze each option step by step to determine which one is not a characteristic of a small business:

  1. Priority of workers: Small businesses often prioritize their workers because they rely heavily on a smaller, close-knit team. Employee satisfaction and productivity are crucial for the success of a small business.

  2. Unlimited work scope: Small businesses typically have a limited work scope. They usually focus on a specific niche or market segment rather than having an unlimited or broad scope of work. This allows them to specialize and compete effectively in their chosen area.

  3. Free management: Small businesses often have more flexible and less formal management structures. This allows for quicker decision-making and adaptability, which is essential for their survival and growth.

  4. Free management decision: Similar to free management, small businesses usually have the freedom to make decisions quickly without the bureaucratic delays that larger companies might face. This agility is a key characteristic of small businesses.

Based on the analysis, the option that is not a characteristic of a small business is:

Unlimited work scope

Small businesses generally do not have an unlimited work scope; they tend to focus on specific areas or niches.

This problem has been solved

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