![]() ![]() ![]() Plethora of resources and competences were proposed as sources of competitive advantage in resource-based view and are added continually new ones. Thus, via the obtainment and maintenance of a diachronically long-term competitive advantage, a small business can achieve the principal objective of a firm which is maximization of its wealth and continuous stay on profit areas. Further, the sources of competitive advantage drive to it. Our programs are self-paced with no exam due dates, so you can start and finish when you're ready.Purpose of this study is to highlight some of entrepreneur's and sme's characteristics that are sources of competitive advantage. Since the program is completely online, it can be right for students who have busy schedules and need flexible classes. If you're someone who wants to be an independent leader, has a knack for entrepreneurship and wants to be your own boss, the small business management classes could help you build the skills and knowledge that can get you started. How do I know if the Penn Foster Small Business Career Diploma is right for me? The program will teach you how to find the right sources to finance your business, market your products or service, and write an effective business plan. In Penn Foster's accredited online Small Business Management Program, you'll cover fundamental business topics related to becoming your own boss. What will I learn in the small business management program? Depending on your interests and what you want to do, you can start a retail business, look into becoming a franchise owner, and more. What types of businesses can I start after taking this course?Īfter completing your small business courses, you'll have the foundational skills to run a successful business in a variety of industries. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy depending on the country and industry. Usually, a small business is classified as a privately owned corporation, partnership, or sole proprietorship that has less than five hundred employees. Small business management is a term for the set of skills you may need to successfully start or manage a business. ![]()
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