Which of the following does not determine the size of a business unit

Assessment: WAEC SSCE - Commerce - 2006 (Objective) Subject: Commerce

Question 1 Report

Which of the following does not determine the size of a business unit
Answer Details
The quality of products, the nature of the business, and the size of the market can all contribute to the growth and success of a business, but they do not solely determine the size of a business unit. The size of capital, on the other hand, can play a crucial role in determining the size of a business unit. Capital refers to the financial resources that a business has available to invest in its operations, such as purchasing equipment, hiring staff, or expanding its facilities. Therefore, a business with a larger amount of capital may have more resources to invest in its operations, leading to the potential for greater growth and a larger business unit.

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