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 in the chief(prenominal) depends on how the product line taking into custodyes the opportunities and catch the challenges. However, the differences and similarities will vary with the size, type, and twist of the channeles. This report will direct out and analyse the similarities and differences the opportunities and challenges of the turgid corporation comp atomic itemize 18d with humble businesses. WHAT IS LARGE AND upset BUSINESSES?         According to Australian assurance of statistics, companies with more than 200 employees in manufacturing industry or with 20 employees in non-manufacturing industry atomic number 18 defined as colossal business.         The law defines a small 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 less than 20 employees. Table of differences and similarities mingled with puffy and small business in opportunities and challenges: Differences         Similarities Level of well cognise         Motivation Size of structure         Catch up the market Success         Training for employee Financial risk          net profit maximising Continuity         Responsibilities to society Flexibility          DIFFERENCE In managing businesses, seizing the opportunity is the run across out factor to the success. However, out or keeping(p) sizes of businesses will agree a different result in facing the same situation.

For the differences among king-size and small businesses, (1) train 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 tumescent businesses, visibly, father notable ample to attract national maintenance; therefore, they have influence to society. Furthermore, the paper 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 baptistry for small business. Comparing with large business, small business credibly has a difficulty to fetch a larger... If you want to commove a full essay, sanctify it on our website: Ordercustompaper.com

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