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 generally depends on how the personal line of credit appropriatees the opportunities and catch the challenges. However, the differences and similarities will vary with the size, type, and social system of the melodyes. This report will fetch out and analyse the similarities and differences the opportunities and challenges of the bouffant corporation comp atomic second 18d with humble businesses. WHAT IS LARGE AND dis swaned BUSINESSES?         According to Australian berth of statistics, companies with more than 200 employees in manufacturing industry or with 20 employees in non-manufacturing industry atomic number 18 defined as stupendous business.         The law defines a smaller business concern as one that is independently possess and operated and which is not dominant in its field of operation. (cited Brian Gibson, 2001) Normally, small businesses have less than 20 employees. Table of differences and similarities amid life-sized 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          clear maximising Continuity         Responsibilities to society Flexibility          DIFFERENCE In managing businesses, seizing the opportunity is the predominate out factor to the success. However, uncongenial sizes of businesses will agree a different result in facing the same situation.

For the differences mingled with bragging(a) and small businesses, (1) take of well-known, (2) size of structure, (3) financial risk, and (4) tractability are the four chief(prenominal) factors. 1         Level of well-known Widely spread of branches for cock-a-hoop businesses, visibly, father notable sufficiency to attract national heed; therefore, they have influence to society. Furthermore, the temperament 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 part for small business. Comparing with large business, small business plausibly has a difficulty to contrive a larger... If you want to energize a full essay, order it on our website: Orderessay

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