Challenges in big businesses

[Godspower]

This is also the reason why small-scale business should also develop a competitive advantages in order to stand out from the competition in the marketplace. A little market research will be handy in this aspect.

Small businesses should always look for way on how to stand out from others. They have to be innovative and hardworking in order to compete with more established brands and rivals.

 

[Syldan]

Well business, considering either big or small scale business, has it challenges in one way or the other that the entrepreneur faces on daily basis. Sometimes finance or bankruptcy is one of the challenges the inability of the business to meet up to the salary of it workers.

 

[greenie]

You are right, also, challenges are inevitable when it comes to business, rising above your competitors is one of the major challenges, you may have to spy on them at intervals to understand their strategies, you may have to restrategize by improving your brand awareness and going the extra mile to improving customer services without incurring and losses, you also have to do constant market analysis as regards the acceptability of a new product by customers, these are some of the sacrifices you have to make to rise above your competitors.

 

[Sincerem]

I do not operate a big business organisation nor manage big business , but I believe one of the most challenging factors about a large business organisation is large capital requirements. Difficulty in managing different sector of business and sometimes difficulty in detecting crime or dishonest activities.

 

[joy101]

Big businesses has big challenges in times running it, maintaining such business you need to know how you can manage to become successful, you need have good planning so to help the business to grow normal.

 

[jordans]

may be, Overseeing Worldwide Groups challenge of worldwide trade is overseeing representatives who live all over the world. When attempting to work as a group, it can be troublesome to account for dialect obstructions, social contrasts, time zones, and shifting levels of innovation get to and dependence.

 

[Shigobad2020]

One of the challenges in big business is maintenance challenge which mostly happened because the comoany is too and the owner cannot monitor the equipment alone and decided not to employ someone to maintain it.

 

[Sotherefore]

Sometimes bigger business organisation will have several department , the most challenging factors will be the management because as a business owner or manager , you may not necessarily have an understanding of all the departments in the business organisation.

 

[Good-Person]

One of the biggest challenge associated with big business is avoiding controversies because controversies could damage your business in a really bad manner.

 

[tyrim88]

One major challenge big businesses often face or might likely fave sometimes is the challenge of some unfavourable government policy that might hamper the profitablity if the business operations

That is one aspect of big business,because once the government have classify your business into certain category,you will be obligated to be paying some certain amount as taxes and other duties to the govrnment.

 

[Shigobad2020]

There are several problems with big companies and some of them are mainly corruption by so workers which will definitely affect the growth of the business until the problem is fished ou

 

[Nomad]

Big businesses not only face constant threats from their competitors but also from small businesses. Therefore, in order to remain strong in the market they are under constant pressure to innovate and bring new products to the market. If they are not bringing new products, they should be at least pouring more money into the marketing campaign.

 

[Good-Person]

Big businesses not only face constant threats from their competitors but also from small businesses. Therefore, in order to remain strong in the market they are under constant pressure to innovate and bring new products to the market. If they are not bringing new products, they should be at least pouring more money into the marketing campaign.

If you are running a very big business, then then chances are that you may have to deal with bigger problems. One of the hardest aspects of running a huge business is the fact that you may need to deal with many issues related to taxation. This is one of the biggest challenges.

 

[Nomad]

If your business is earning a lot of money, I do not think paying taxes should be a problem. You do not pay taxes when you are at a loss, you pay taxes only when you are making profits. You do not pay taxes on debts, you only pay taxes on capital gains, therefore, O do not think tax is the issue for the big businesse.

 

[Good-Person]

If your business is earning a lot of money, I do not think paying taxes should be a problem. You do not pay taxes when you are at a loss, you pay taxes only when you are making profits. You do not pay taxes on debts, you only pay taxes on capital gains, therefore, O do not think tax is the issue for the big businesse.

Well, there are many businesses that are never making lots of money and I think that such kind of businesses should never be taxed at all. Having said that, the government has already implemented sales tax as well and they have increased the rates of this kind of taxes. So, it does not make sense to tax people unnecessarily.