This website uses cookies to ensure you have the best experience. Learn more

Advantages And Disadvantages Of Small And Large Businesses

809 words - 4 pages

Chapter 3 Size of businesses
Measuring business size: customers may prefer to deal only with law firms assuming that they are more stable and less likely to sees production of smaller ones
Different measures of size:
1) Number of employees’: simplest measure easy to understand for example it is obvious to everyone that shops for just the owner or the family are is also clear that a firm employing many staff is likely to be longer but there are problems how about a business that needs to employee only a few people such has a highly automated chip maker with expensive capital equipment.
2) Sales turnover: total value of sales made by a business in a giving time period. Is ...view middle of the document...

Small business are often run by dynamic entrepreneurs with new ideas for consumer goods and services this helps to create variety on the market and consumers.

Close to the link to this is the competition that small firms can create without this competition larger firms could exploit consumers with high prices and poor service. Small firms often supply special goods and services to important industries in a country. For example, very large car manufactures may depend on small specialist suppliers of wheels, audio equipment, training and cleaning services. All great business were small at one time body shops began on one small rented store in 1976 imp ackers garage many small businesses get involved in government assistance for example: reduce rate of profits, this will allow a company a chance to obtain more profit in the business for expansion next theirs a long guarantee this is the government funded scam which guarantees the repayment of a certain percentage of a bank loan should the business fail. In very economical deprived areas such as city with high unemployment, government establish small workshops, which the rent of small firms at reasonable rents.

Advantages of small businesses:
1)can be managed and controlled by the owner.
Often able to adapt quickly to a customer’s needs.
Offers personal services to customers.
Find it easier to know each worker.
Disadvantages of small business: they have limited access to sources of finance
May find the owner carries a...

Other Essays Like Advantages and Disadvantages of Small and Large Businesses

Advantages and Disadvantages of Using Facebook

1914 words - 8 pages importance of this study is to give knowledge to people about the advantages and disadvantages in using this social networking website which is Facebook. To give precautionary measures on how to be safe in using Facebook and to protect the people about the bad effects of using Facebook. Objectives of the Study General Objective: • To determine the advantages and disadvantages of using Facebook Specific objective: • To let people recognize

Advantages and Disadvantages of Studying Abroad 2

525 words - 3 pages Advantages and Disadvantages of studying abroad Nowadays, there are many people continue their studies outside their country. They think that educations in other countries are better than in their own country. In my country, many students continuing their studies overseas. Australia, Singapore, China and USA are the most favorite countries to study. In my opinion, studying abroad is a good choice but there are many advantages and

Advantages And Disadvantages Of Aquring SOE

1687 words - 7 pages C. Advantages and disadvantages of acquiring SOEs When a manager is assessing profitability of acquiring a state owned enterprise, it is crucial to identify the advantages and disadvantages. By doing this, the company will be able to make effective and strategic decisions, especially when entering a company in the volatile MENA region. Several driving factors may serve as incentives for managers, which include the fact that acquisition could be

Advantages and Disadvantages of Using Mobile Phones

532 words - 3 pages , taking photographs and videos, playing games and many more things. But, we can understand that these mobile phones have advantages as well as disadvantages. Let us discuss about advantages and disadvantages of using mobile phones. When we think about mobile phones we can communicate with others wherever we are. If necessary, we can ask someone for helps whenever we need in a minute. We know that mobile phones are very useful thing in an urgent

The Advantages and Disadvantages of Computers

397 words - 2 pages not only serve our purposes of studying,relaxing but it also do us no good including hardening us to other's feeling and demoralizing our children's minds.However ,their advantages outstrip their disadvantages , therefore i realy think that computers are a vital device in this day and age.After all, whether computers are useful or not entirely depends on the way they afe used.

Advantages and Disadvantages of Work Based Learning

2749 words - 11 pages Advantages and disadvantages of work based learning Introduction Education is one of the corner stone’s for social improvement, the form the education comes in, varies from the high achiever in the academic world that leads to a university education. Next in line to that is those who attained grades that will get them accepted to a college for further education that will lead to a specific qualification in an industry of their choice with

The Advantages and Disadvantages of Computer Games

2191 words - 9 pages Another point is that, in the future children will be using the computers all their lives safety and avoid problems. Another advantage is that computer games can be part of the school education because the teachers and the parents thought their children’s mathematics and spelling skills improved. However it encourages the part of the brain to action for linking with vision and...orfjisadeoifjkmfffffffffffffffffffffffffffffffffffffffffffff

Sarbanes Oxley-Advantages and Disadvantages

867 words - 4 pages they felt pressure to “do something” and has numerous flaws. This law forces small firms to hire either workers or auditors, which is otherwise unnecessary if deciding to remain private. This is a competitive disadvantage for small firms compared to large public firms that have the resources to deal with the high cost of compliance. This forces small businesses to remain private without expanding in the capital market. Since the passing of SOX in

Nuclear Energy Advantages and Disadvantages

1597 words - 7 pages over a human timescale, and are infinite in human terms. Nevertheless, there are some weaknesses such as the efficiency of these energy sources, as they depend on climate. Wind Power, for example, is not always available. In areas where wind is not frequently strong, the amount of energy produced is small, which suggests that the investment will not be successful. The same happens with solar energy. Also, there are many countries, which

Advantages And Disadvantages Of Cohort And Case-Cotrol Studies

624 words - 3 pages . Baseline data may be sparse because the large number of subjects does not allow for long interviews. Case-control studies Advantages 1. Permit the study of rare diseases. 2. Permit the study of diseases with long latency between exposure and manifestation. 3. Can be launched and conducted over relatively short time periods. 4. Relatively inexpensive as compared to cohort studies. 5. Can study multiple potential causes of disease. Disadvantages


2262 words - 10 pages ADVANTAGES AND DISADVANTAGES OF USING COMPUTER NETWORK TECHNOLOGY IN LANGUAGE TEACHING By Huynh Thi Bich Ngoc, M.A. in TESOL, The University of Queensland, Australia Over the past few years, together with magnificent technological advances, computer network technology is now exerting its influence on various aspects of life including government, business, economics, and undoubtedly, education as well. Under such a circumstance, there has

Related Papers

Advantages And Disadvantages Of Working Essay

837 words - 4 pages Advantages and Disadvantages of Working If there is one principle that can be used to describe the existence of the species on the planet, it is that all creatures must work in order to live. Even before the beginning of recorded time, man organized himself into groups to forage, hunt, and later develop agricultural communities where the bulk of each day was spent pursuing or growing food and procuring or building equally essential shelter

Cities: Advantages And Disadvantages! Essay

546 words - 3 pages City is expected to be a best place where everyone can reach such better living conditions. Many people have been moving from their hometown in the countryside to start finding a chance in a big city. One of its advantages is that the city gives out many good conditions and environment for education, especially for youth. Moreover, there are great numbers of employment offered widely to everybody. However, pollution in big cities is such

Some Advantages And Disadvantages Of Internet

1452 words - 6 pages Some advantages and disadvantages of internet [pic] Availability of Knowledge Advantages The internet which was once just a little puddle, now, have become an ocean; an ocean of knowledge. It is like a magical crystal ball which has an answer for every question of yours and the best thing about it is; it is completely free. I know how much I have learnt from the internet. How internet is better than books when it comes to knowledge

Advantages And Disadvantages Of Dubai Museum

2060 words - 9 pages The Advantages and Disadvantages of the Dubai Museum Location and Implication of Visiting PatternsWord Count:1500 SummaryResearch was conducted through distributing questionnaires to the visitors of the Dubai museum. The findings illustrated that the advantages of the location showed that it was easy to locate, and is located near the metro station. However, findings have also showed that the parking spaces at the Dubai museum are limited and