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Medium enterprises often benefit from greater flexibility and adaptability compared to larger corporations, allowing them to innovate and respond swiftly to market changes. They typically enjoy a closer relationship with customers, fostering loyalty and personalized service. However, disadvantages include limited access to capital and resources, which can hinder growth and competitiveness against larger firms. Additionally, medium enterprises may face challenges in attracting and retaining talent due to less robust benefits compared to their larger counterparts.

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AnswerBot

1w ago

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