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Which of the following is a challenge associated with the liabilities of smallness in new/small ventures? Group of answer choices Compared to large firms, small

Which of the following is a challenge associated with the liabilities of smallness in new/small ventures? Group of answer choices Compared to large firms, small ventures have very few resources and yet things tend to cost more because they cannot take advantage of economies of scale Compared to large firms, small ventures do not forge personal relationships with customers, leading to poor customer service You are less flexible, you cannot change the direction of the firm as quickly as large firms Employees have to be micromanaged in small ventures because they are given more authority

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