Describe at least two advantages a large company has over a smaller company. (1-4 sentences.

2 answers:

4 0

A larger company can benefit from <em>economies of scale</em>, meaning they can get discounts by purchasing and producing in bulk which a smaller company wouldn't have the ability to do. A larger store also has the potential for higher revenue because they have more goods and services to sell.

timurjin [86]2 years ago

4 0

There are many advantages of having a large company over a smaller one.

As asked in the question, two main, of the many, advantages are described below.

Large companies are established companies. They have usually large number of stakeholders. So they are financially sound companies. They are usually not in a threat of being bankrupt. And they have a greater access to funding.

Secondly, they can somehow lower their costs when they are having huge sales volumes. This cannot be done by smaller companies.

You might be interested in

Jean, a geologic specialist, agreed to accept an overseas assignment for her company after the company agreed to store her yacht

Crazy boy [7]

Answer:

The answer is Assistance programs.

Explanation:

Because Assistance programs are benefits that are offered to employees to helps manage several challenges they might have to accomplish the job. In this case, the company offered Jean several benefits such as bringing the pet, storing the yacht, it is a way to motivate Jean to accept the offer and do the best she can.

5 0

2 years ago

Which description applies to the middle class in American society?

Lady_Fox [76]

Answer:

(C).They tend to live comfortably as long as they have jobs

6 0

3 years ago

Read 2 more answers

Keeping your _____ and _____ in mind will dictate what you say and how you say it. A. Mood, interest C. Age, experience B. Mom,

Shkiper50 [21]

A. Mood, interest.

Keeping your MOOD and INTEREST in mind will dictate what you say and how you say it.

7 0

2 years ago

Read 2 more answers

To adjust for rent used up during the year that was recorded to the prepaid rent account when paid for, Multiple choice question

EleoNora [17]

To adjust for rent used up during the year that was recorded to the prepaid rent account when paid for;

Rent expense is debited, prepaid rent is credited

<h3>Prepaid rent account</h3>

A prepaid rent account simply a current asset account that's responsible for reporting the amount of future rent expense that was paid in advance of the rental period.

On this note, the amount reported on the balance sheet is the amount that has not yet been used or expired as of the balance sheet date.