Very Big Corporation provides tire sales, tire and rim services, auto maintenance, and sells auto parts and accessories. It is the most diverse vehicle parts and repair business in Denver, Colorado. The company has twenty-five employees at its Denver location. T and R Business only sells, installs, and repairs tires and rims-it has four employees. AM Business services vehicles and has three employees. APA Business sells auto parts and accessories-it has twelve employees. What is the likelihood that these small businesses are capable of competing against Very Big Corporation?
A. A number of small firms, each competing in its own particular area and its own particular way, together have the desired competitive effect to challenge large firms.
B. Small firms cannot compete with larger firms.
C. Large businesses that provide a one-stop approach to goods and services make it impossible for small firms to compete.
D. Small firms challenge larger established firm causing them to cut costs.
Answer: A
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