Question: 1. Based on what we discussed in class, describe how small firms can become efficient and stable in terms of financial management? What is the

1. Based on what we discussed in class, describe
1. Based on what we discussed in class, describe how small firms can become efficient and stable in terms of financial management? What is the purpose of monitoring its financial ratios? Please provide examples. Answer- 2. In your opinion, why is market segmentation a critical issue for entrepreneurs? How can this contribute to the positioning strategy of the company as well as to the enhancement of its unique marketing issues? 3. How do Canadian governmental and private institutions provide support to small businesses? In your opinion, what additional services are needed? 4. How do strategic alliances, joint ventures and exporting alternatives contribute to an entrepreneur's growth in their maturity stages of their companies? Give examples

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