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Large businesses can be role models or challenges to small businesses wanting to build the next big thing out there. Large businesses set the milestone for innovation.

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The impact on small scale business in Nigeria economic?

The impact of small scale business in nigeria economic are much to the extend that a word can not describe it no matter how you want to classify it.The impact has created a lot of business to nigeria system, for instance, MTN Nigeria has contributed and invested much into the economy.


Can small business compete with large corporation in international market?

A small business can compete with a large corporation in international market due to their ease to make use of the Internet and their flexibility as opposed to the rigid practices of large corporations.


Is a small family owned business good for the economy?

Small family business are a large portion of the business in the United States. It is also a large percent of employment and the new jobs that open up. It is said that family-owned businesses are the backbone of the U.S. economy.


Decisions of all individuals impact the economies of both large and small towns?

true


Are the so-called advantages of small business really advantages Wouldn and rsquot every small-business owner like his or her business to grow into a large firm?

While small businesses often enjoy advantages like flexibility, personalized customer service, and lower overhead costs, these benefits can be overshadowed by challenges such as limited resources and market reach. Many small business owners may aspire for growth, but this desire can come with the trade-offs of increased complexity, management challenges, and the potential loss of the personal touch that defines their current success. Ultimately, the advantages of small size depend on the owner's goals and the nature of the business. Not every owner desires large-scale growth; some prioritize stability and community impact over expansion.

Related Questions

Is Burger King a small medium or large business?

large


Is Costa coffee a small or a large business?

its as large as my weewee


Are most business large or small?

By definition, most are small.


Are small business and private business the same?

Any business, large or small, that is not owned by the government is by definition a private business, or a part of what is known as private enterprise.


What government agency regulates small business loans?

The government agency that regulates small business loans is the United States Small Business Association. There is a large network in place to assist in all areas of small business.


The impact on small scale business in Nigeria economic?

The impact of small scale business in nigeria economic are much to the extend that a word can not describe it no matter how you want to classify it.The impact has created a lot of business to nigeria system, for instance, MTN Nigeria has contributed and invested much into the economy.


What is difference between a commercial business and a small business?

All businesses that engage in commerce are "commercial. Some are small, and some are large.


Can small business compete with large corporation in international market?

A small business can compete with a large corporation in international market due to their ease to make use of the Internet and their flexibility as opposed to the rigid practices of large corporations.


What is main goal of a large scale business?

Humor: The goal is not to become a small scale business.


Is a 1.3ghz processor large enough for a small business notebook?

Yes.


What distinguishes a small business from a large one?

billion a year in sales


What are the differences between small and medium enterprise and large scale business?

small enterprises have about 50 people employed in the business. a medium one has about 250 and a large one would be more than 250.