Which Firms Are Important to a Society and Its Economy? Large Firms or Small Firms.
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SUBJECT: CORPORATE ENVIROMENT
PROJECT REPORT
ON
WHICH FIRMS ARE IMPORTANT TO A SOCIETY AND ITS ECONOMY? LARGE FIRMS OR SMALL FIRMS.
WORD COUNT: 2602.
BY
STUDENT ID: 094005
STUDENT ID: 094011
STUDENT ID: 094057
STUDENT ID: 094031
INDEX
1. INTRODUCTION (3)
1.1. COMPARISON BETWEEN THE SMALL FIRMS AND THE LARGE FIRMS (3).
2. SMALL FIRMS OVER THE LARGE FIRMS (4).
2.1 ADVANTAGE OF THE SMALL FIRMS (5).
2.2 SMALL FIRMS ACT AS A BACKBONE EXAMPLE (6).
3. CONCLUSION (7).
4. BIBLIOGRAPHY (8).
( ) Indicate page number.
1. INTRODUCTION
Which firms are more important to a society and its economy: Large firms or Small firms? Large firms refer to those which require huge infrastructure, man power and a more capital assets. Small firms refer to those which require small infrastructure, less man power and fewer capital assets.
1.1 Comparison between the large firms and Small firms.
Both firms are important to a society and its economy. Large firms gain more advantage because of large economy of scale. Over small firms large firms have more advantage like bulk buying. Because of large turnover of large firms they can sell and buy more good in the society. They can buy more goods from the society so they can also spend money in packaging and shipping the goods to a society which is also tax beneficial to economy of society, large firms require more man power so they provide more employment which is also useful to the economy of society. Large firms in a location will help to development of a nation. if the large firms are started in a village, naturally the surroundings will get a the village will see the path of development in education, health, employment, secondary sectors of that surrounding area will also be taken care.
Small Firms are also Important same as like large firms. Small firm Role and Impact supports the claim that small firms make two useful contributions to the economy of society. First, they are an
SUBJECT: CORPORATE ENVIROMENT
PROJECT REPORT
ON
WHICH FIRMS ARE IMPORTANT TO A SOCIETY AND ITS ECONOMY? LARGE FIRMS OR SMALL FIRMS.
WORD COUNT: 2602.
BY
STUDENT ID: 094005
STUDENT ID: 094011
STUDENT ID: 094057
STUDENT ID: 094031
INDEX
1. INTRODUCTION (3)
1.1. COMPARISON BETWEEN THE SMALL FIRMS AND THE LARGE FIRMS (3).
2. SMALL FIRMS OVER THE LARGE FIRMS (4).
2.1 ADVANTAGE OF THE SMALL FIRMS (5).
2.2 SMALL FIRMS ACT AS A BACKBONE EXAMPLE (6).
3. CONCLUSION (7).
4. BIBLIOGRAPHY (8).
( ) Indicate page number.
1. INTRODUCTION
Which firms are more important to a society and its economy: Large firms or Small firms? Large firms refer to those which require huge infrastructure, man power and a more capital assets. Small firms refer to those which require small infrastructure, less man power and fewer capital assets.
1.1 Comparison between the large firms and Small firms.
Both firms are important to a society and its economy. Large firms gain more advantage because of large economy of scale. Over small firms large firms have more advantage like bulk buying. Because of large turnover of large firms they can sell and buy more good in the society. They can buy more goods from the society so they can also spend money in packaging and shipping the goods to a society which is also tax beneficial to economy of society, large firms require more man power so they provide more employment which is also useful to the economy of society. Large firms in a location will help to development of a nation. if the large firms are started in a village, naturally the surroundings will get a the village will see the path of development in education, health, employment, secondary sectors of that surrounding area will also be taken care.
Small Firms are also Important same as like large firms. Small firm Role and Impact supports the claim that small firms make two useful contributions to the economy of society. First, they are an
Bibliography: http://bizcovering.com/small-business/advantages-and-disadvantages-of-small-businesses/#ixzz0p3HtGAsR http://www.coursework.info/GCSE/Business_Studies/Economy___Economics/Large_Firms_Gain_a_Large_Advantage_Becau_L4373.html http://www.amazon.co.uk/Small-Firms-Important-Their-Impact/dp/0792384156 http://www.faqs.org/abstracts/Science-and-technology/Small-firms-big-advantages-Three-tower-designs-announced-for-World-Trade-Center-site.html http://en.wikipedia.org/wiki/Small_business http://www.nfib.com/Portals/0/PDF/healthcare/Small-Business-Healthcare-Fact-Sheet.pdf http://www.enetsc.com/doctorebiz.htm