Business Comparison

What is the main difference between a small business and a corporate business in terms of size?

• Number of employees

• Revenue

• Size

• Market share

Which type of business is generally larger in terms of employee count?

• Government organizations

• Small businesses or startups

• Non-profit organizations

• Large corporations or multinational companies

What is the approximate number of employees in a small business?

• More than 100

• Between 50 and 100

• Less than 10

• Less than 50

What is the approximate number of employees in a corporate business?

• Tens to hundreds

• Thousands to tens of thousands

• Millions

• Hundreds to thousands

Which type of business is more likely to have multiple branches or locations?

• Sole proprietorship businesses

• Partnership businesses

• Franchise businesses

• Limited liability companies

Which type of business is more likely to have a hierarchical organizational structure?

• Government agencies with a matrix organizational structure.

• Large corporations or organizations with multiple levels of management

• Non-profit organizations with a decentralized structure.

• Small startups with a flat organizational structure.

Which type of business is more likely to have a centralized decision-making process?

• Startups

• Large corporations or organizations

• Small businesses

• Non-profit organizations

Which type of business is more likely to have standardized processes and procedures?

• Small businesses

• Startups

• Family-owned businesses

• Large corporations

Which type of business is more likely to have a formalized chain of command?

• Non-profit organizations

• Startups

• Large organizations or corporations

• Small businesses

Which type of business is more likely to have a larger market share?

• A business with a unique product or service and a strong competitive advantage.

• A business with a small customer base and limited resources.

• A business with a weak competitive advantage and a generic product.

• A business with outdated technology and a saturated market.