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Jeffrey Inc. is a large business that produces off - road vehicle parts. In addition to this market stream, Jeffrey produces auto parts, boat parts,
Jeffrey Inc. is a large business that produces offroad vehicle parts. In addition to this market stream, Jeffrey produces auto parts, boat parts, and parts for machinery and equipment. Inventions, LLC is a small business that focuses only on the offroad vehicle market and has created lighter weight, stronger, and more efficient parts for offroad vehicles. Its primary market is offroad racing which it believes will serve the dual purpose of showcasing its product and filling the needs of its customers. Inventions has significantly increased its market share in the offroad vehicle parts market over the years causing Jeffrey to revamp its marketing techniques and reanalyze its customer's needs. Which of the following is true about the relationship of small businesses to large businesses? a Small businesses can only dominate in an area of business if many firms join together to offer the same goods or services. b Large businesses must create diff
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