When entrepreneurs of small firms start serving a variety of roles,from CEO to customer service rep, such firms:

A. have a large span of control.
B. areable to offer health coverage to their employees at a lower cost than large firms.
C. have lower overhead costs.
D. are able to evade compliance with federal regulations.


Answer: C

Business

You might also like to view...

Double-declining-balance depreciation is most commonly used by businesses for financial reporting purposes

a. True b. False Indicate whether the statement is true or false

Business

A useful approach for managing a project is the critical path method (CPM), which involves dividing the research project into component activities, determining the sequence of these activities, and estimating the time required for each activity

Indicate whether the statement is true or false

Business

Americans typically have ______ knowledge of other cultures.

a. much b. little c. perfect d. incorrect

Business

Savings accounts are ____________________ deposits.

Fill in the blank(s) with the appropriate word(s).

Business