Question

what were some of the advantages enjoyed by \big business\ over their smaller competitors?

Explanation:

Big businesses often have economies of scale (lower per - unit costs due to large - scale production), access to more capital for investment (e.g., in new technology, research and development), and can afford better marketing and distribution networks. They may also have more bargaining power with suppliers (lower input costs) and can spread risks more effectively (e.g., across different product lines or markets).

Answer:

Big businesses enjoy advantages such as economies of scale, greater access to capital, better marketing and distribution, more bargaining power with suppliers, and better risk - spreading capabilities.