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Rudik [331]
3 years ago
14

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

Business
2 answers:
STatiana [176]3 years ago
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]3 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.

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Given that Jacob's Chocolates Company had beginning retained earnings of $4,000; net income during the period of $10,000; and di
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Answer:

C. $13,700

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Oil Products Company purchases an oil tanker depot on January 1, 2017, at a cost of $600,000. Oil Products expects to operate th
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Answer:

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