in general and with examples(if posible)
2006-09-16 05:06:08 · 3 answers · asked by azizb_88 1 in Social Science ➔ Economics
Well the second answer has some bad examples. Can't imagine your local 5 & 10 store going global. Well, a small 5 & dime store in Bentonville Arkansas is now the largest retailer in the world. They call it Walmart.
My experience is that the vast majority of businesses remain small for a simple reason. In order to operate a small business the owner can exercise complete control over every aspect of the business and ususally they have a much higher profit margin than larger businesses with multiple layers of management.
To manage a large business the owner must delegate his authority and allow others to control various aspects of the business, which is something most owners can't bring themselves to do. Thus their business is limited to what they can personaly manage.
2006-09-16 17:17:56 · answer #1 · answered by Roadkill 6 · 1⤊ 0⤋
Some people are just not lucky enough to have a decent sized leow member.
Eg: It is said that chinese people have smaller pieces but black people have bigger tings. Jamaicans.... well....BOMBOCLAAAART!!
2006-09-16 05:10:21 · answer #2 · answered by Hustle and Grow 1 · 0⤊ 0⤋
u can't imagine ur local supermarket or rental shop going global,can u?
2006-09-16 05:17:36 · answer #3 · answered by D Gyroscope 2 · 0⤊ 0⤋