Challenges in big businesses

[Ibrahim]

As for me the only challenges you can have is the one of the products and market rate of the products and the demand of the products also the sales and customers for the products so you really have to focus on such challenges and get it right

 

[Mastercoded]

Everything in this life has challenge, when a business stand the test of time, then the owner need to be given a pat on the back, for a job well done. Business is not all about the exchange of goods and services

 

[Folaham]

Business challenges becomes more and more apparent as the business grows.
One of the challenges faced is the workforce. The more the workforce, the more demanding it becomes, having more employees helps with the workload management but it also comes with issues like increasing payroll and difficulty in meeting up their specific needs.

The problems faced by big companies are numerous and they affect different part of the business ranging from staff attitude, time management on and off the job, misappropriation of funds and bridge of trust, poor staffing, host community issues, government policies and many more

 

[Georgeadawara]

There is in kind of business that has no challenges on matter how the small or big the business is you may have different types of challenges in it big business all war come with big challenge you may have difficult in manage some afers of the business all so the greatest thing is that it needs more of your time.

 

[Adexgrace]

In as much as you are a big business owner you will have challenges and competitors, because small business will also want to become big. Some other big business can even start reducing price to attract more customers, these are also forms of challenges for big businesses.

 

[mayreeh38]

For a business to be big, it might mean the business is well known. What makes it big is the customers they have and the production I guess. Big business will definitely run more expenses. The demand for their products might be high and they will have limited time to deliver.

 

[Patrik]

I would say it gets too serious and too stressing that a single mistake will really affect you very much, the bigger the business gets, the bigger the problems get as well, so you have to be aware of everything

 

[Josemendez]

The most common challenge in starting a big business is the capital needed to finance the said business , and capital to maintain the business.
Another challenge in such business is management. A big business is not always easy to be managed . It is stressful

 

[Presh1503]

The biggest challenge big businesses faces is recruiting qualified and experienced staff also low efficiency and production due to the lackadaisical attitude of the workers to work

 

[Tanny]

The challenges that are close to big businesses and the following:
1)the sales and profit of the organisation will be affected because the business will surely involve itself in overtrading which means buying in large quantities and selling less.

Post automatically merged: Feb 6, 2021

The challenges that are close to big businesses and the following:
1)the sales and profit of the organisation will be affected because the business will surely involve itself in overtrading which means buying in large quantities and selling less.

 

[oluwaseun tope]

Their is a lot of challenges in business firstly you don't just Fall into business any how you have to consider location , products what to produce , how to produce ,who you are to sell the product.

 

[Adegbindin deborah]

Building a good marketing strategy: marketing is a blended term encompassing a broad set of professional activities. A major challenge for all companies is identifying, assessing including human and financial capital,in addition to macro economy.

 

[shakky2]

one sure attribute of a business whether big or small scale business is challenges, challenges are bound to happen in any business.they higher a business the higher the challenges to be exposed to.the only thing is to know how to adjust in business and overcome challenges

 

[WhiteHouse]

Business Strategy

Remaining on the ball is artistic work for your business.

Danger to an extreme and you're running at misfortune.

Stay comfortable and lenient p in your position and rivalry will take your most esteemed clients.

At the point when you characterize a viable business system that can scale and advance with time, your business will remain ahead in the space.

• Stock
• Cash

• Earn money online cast

 

[Abisola]

Uncertainty about the future. ...
Financial management. ...
Monitoring performance. ...
Regulation and compliance. ...
Competencies and recruiting the right talent. ...
Technology. ...
Exploding data. ...
Customer service.

 

[Atif3786]

Project Management and Organization. ...
Staff Attitudes and Hierarchy/Bureaucracy. ...
Dealing with Change. ...
Countering Negativity - Morale. ...
Ability to be Creative. ...
Difficult Clients or Patrons. ...
Problem Solving. ...
New Skills and Professional Development.

 

[Damismiling]

Here are the list of challenges in the business:

Keeping up with the market​

Planning ahead​

Cash flow and financial management​

Problem solving​

The right systems​

Skills and attitudes​

Welcoming change​

All the aforementioned are the problems faced with big business, other it's faced with small business too but to whom much is given, much is required is the case of the bigger business, due to high demand and more customers, proper management issue, decision making takes longer process, and higher risk associated with it

 

[Mixhi]

Starting a business is a big achievement for many entrepreneurs, but maintaining one is the larger challenge. There are many standard challenges every business faces, whether they are large or small. These include things such as hiring the right people, building a brand, developing a customer base, and so on. However, there are some that are strictly small business problems, ones most large companies grew out of long ago. Here are the five biggest challenges for small businesses.

 

[Kehinde]

Keeping up with the market.
Planning ahead.
Cash flow and financial management.
Problem solving.
The right systems.
Skills and attitudes.
Welcoming change

 

[Sheyemanu]

Concerning your question, you are definitely right. Businesses are facing serious challenges in the market, but I think the economy is also playing a big role there also. If the people don't earn enough they will not bother to try the new product or try to buy from your business, also your product must be targeted to a particular set of people.