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 vocation catches the opportunities and catch the challenges. However, the differences and similarities will vary with the size, type, and structure of the byplayes. This floor will bring out and analyse the similarities and differences the opportunities and challenges of the puffy tummy comp atomic number 18d with humble businesses. WHAT IS LARGE AND low BUSINESSES?          gibe to Australian Bureau of statistics, companies with more than 200 employees in manufacturing industry or with 20 employees in non-manufacturing industry argon delimitate as outsized business.         The law defines a littler business concern as one that is independently owned and operated and which is not dominant in its field of operation. (cited Brian Gibson, 2001) Normally, small businesses owned slight than 20 employees. Table of differences and similarities amidst large and small bus iness in opportunities and challenges: Differences         Similarities Level of well known         Motivation coat of structure         Catch up the market Success          education for employee Financial risk         Profit maximising Continuity         Responsibilities to troupe Flexibility          DIFFERENCE In managing businesses, seizing the opportunity is the aline out factor to the success. However, incompatible sizes of businesses will agree a different result in facing the same situation.

For the differences between large and small businesses, (1) leve! l of known, (2) size of structure, (3) financial risk, and (4) tractability are the four main factors. 1         Level of well-known Widely spread of branches for large businesses, visibly, father notable affluent to attract national attention; therefore, they have influence to society. Furthermore, the spirit 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. canvass with large business, small business probably has a bar to develop a larger... If you want to get a bountiful essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay