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Smaller businesses are also more swift and responsive to needs in their environment (when they have enough resources). While big companies are prone to take ris
by schnevets 7y ago
Smaller businesses are also more swift and responsive to needs in their environment (when they have enough resources). While big companies are prone to take risk-averse actions (layoffs, outsourcing, store closures), smaller businesses have less layers of management, so pivots and benevolent actions are more likely.
- umeshunni 7y ago> Smaller businesses are also more swift and responsive to needs in their environment And yet, the covid crisis demonstrates the opposite effect.