Give four reasons why a firm may choose to remain small despite the benefits of expansion

      

Give four reasons why a firm may choose to remain small despite the benefits of
expansion

  

Answers


Kavungya
- Where the market is small
- Nature of the product e.g. direct service
- To maintain simplicity of the firm
- For flexibility purposes
- For quick decision making
- To avoid high overheads costs
- Need to retain control
- Legal constraints
- Because of minimal risks faced
- Limited capital
Kavungya answered the question on April 3, 2019 at 10:42


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