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Q: Why is specialization not attained by small businesses?
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for businesses, the economic term specialization refers to?

B. producing a small number of products very efficiently


What is labor specialization?

Specialization of labor is a powerful force in an economy, benefiting small and large businesses alike. Workers produce more when they occupy specialized roles, so businesses can offer higher quality products at lower prices.


Why Large businesses depends on small businesses?

Large businesses depend on small businesses to have higher prices and force customers to them. In addition, small businesses often order from larger businesses.


Specialization refers to?

Specialization is the ability to produce goods in one specific area because you do it better than others. Many businesses specialize in producing certain products for customers.


Does Windows have software for small businesses?

Windows has software for small businesses. Windows software for small businesses includes Cloud Service, Office 2013 for Small Businesses and Windows 8 Professional.


Specialization in production is economically beneficial primarily because it?

Specialization allows businesses to charge a higher price for the product. When a product is specialized, customers are will to pay more in order to have access to the upgraded features.


When was Federation of Small Businesses created?

Federation of Small Businesses was created in 1974.


What is a labor specialization?

It is a production process which uses division of labour to produce large number of goods at the lowest possible cost that is by dividing labour into the production of a product by giving a specific task so they can concentrate and produce it more accurately.


What should small businesses do to survive competition from bigger businesses?

the small businesses do to survive from bigger businesses is to have a lot of network in the market. Bigger businesses tend to sell product which in bulk orders in comparison small business do retailing that what bigger businesses to gain income.


What percentage of businesses in the US are small businesses?

50 %


Who is the minister of small businesses and tourism in Canada?

The minister for Small businesses and tourism is Rob More.


Small businesses account for much of the in the US?

Small businesses account for much of the __________ in the United States