Identify and analyse the similarities and differences the opportunities and challenges of the large corporation compared with small businesses.

INTRODUCTION In managing a disdain, success mainly depends on how the origin catches the opportunities and catch the challenges. However, the differences and similarities will vary with the size, type, and structure of the billetes. This idea will bring out and analyse the similarities and differences the opportunities and challenges of the puffy mickle comp atomic number 18d with humble businesses. WHAT IS LARGE AND low BUSINESSES?          consort to Australian Bureau of statistics, companies with more than 200 employees in manufacturing intentness or with 20 employees in non-manufacturing industry argon delineate as hulking business.         The law defines a littler business concern as one that is independently owned and operated and which is non dominant in its field of operation. (cited Brian Gibson, 2001) Normally, small businesses owned little than 20 employees. Table of differences and similarities between large and small b usiness in opportunities and challenges: Differences         Similarities Level of well known         Motivation surface of structure         Catch up the market Success          dressing for employee Financial risk         Profit maximising Continuity         Responsibilities to hostel Flexibility          DIFFERENCE In managing businesses, seizing the opportunity is the pay off out factor to the success. However, incompatible sizes of businesses will agree a different result in facing the same situation.

For the differ ences between large and small businesses, (1! ) level of well-known, (2) size of structure, (3) financial risk, and (4) flexibility are the four main factors. 1         Level of well-known Widely spread of branches for large businesses, visibly, father notable adequate to attract national attention; therefore, they have influence to society. Furthermore, the nature helps to attract skilled or overlord workers to join the businesses. So, it would be easier to apply new business propose in large businesses. But it is not such case for small business. comparability with large business, small business probably has a trouble to develop a larger... If you want to get a proficient essay, order it on our website: BestEssayCheap.com

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