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 argument catches the opportunities and catch the challenges. However, the differences and similarities will vary with the size, type, and structure of the disdaines. This narration will bring out and analyse the similarities and differences the opportunities and challenges of the puffy confederation comp atomic number 18d with humble businesses. WHAT IS LARGE AND low BUSINESSES?          fit in to Australian Bureau of statistics, companies with more than 200 employees in manufacturing sedulousness or with 20 employees in non-manufacturing industry argon outlined as larger 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 little than 20 employees. Table of differences and similarities amongst larg e and small business in opportunities and challenges: Differences         Similarities Level of well known         Motivation size of structure         Catch up the market Success          teaching for employee Financial risk         Profit maximising Continuity         Responsibilities to gild Flexibility          DIFFERENCE In managing businesses, seizing the opportunity is the control out factor to the success. However, incompatible sizes of businesses will agree a different result in facing the same situation.

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

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