Existence of Small Firms is discussed below
Although there are number of advantages connected with the large-scale production, small firms can still exist side by side. The capability of these small firms to survive and compete against the larger firms can be explained as written below.
a) Personal/ Direct Service
The size of the business unit tends to be small if the work includes the provision of direct and personalised services such as those of doctors and the hairdressers.
b) Limited/ Localised Demand
If demand is seasonal/ uncertain, small firms predominate. This also applies to commodities which are perishable or bulky which makes them impractical and not easy to transport regionally.
c) Capital and Expertise Requirement
Small firms find it much more difficult to secure finance and therefore, generally remain as a family business. The skill and efficiency of the owner enable it to continue to survive in the competition
d) Sub-Contracting/ Linking Industries
Small firms gives us essential components and services without which, the large firms cannot deliver the finished/refined product to the consumers.
e) Ability to Adapt
Small firms are able to adapt and evolve more readily to the changing tastes and choices of the customers and can make adjustment faster due to the easier organisational structure.
Email based existence of small firms homework help - assignment help at TutorsGlobe
Are you searching economics tutor for help with Existence of Small Firms questions? Existence of Small Firms topic is not easier to learn without external help? We at www.tutorsglobe.com offer finest service of economics homework help and economics homework help. Live tutors are available for 24x7 hours helping students in their Existence of Small Firms related problems. We provide step by step Existence of Small Firms question's answers with 100% plagiarism free content. We prepare quality content and notes for Existence of Small Firms topic under economics theory and study material. These are avail for subscribed users and they can get advantages anytime.
Why TutorsGlobe for homework help
www.tutorsglobe.com offers transition element homework help, transition element assignment help, online tutoring assistance, inorganic chemistry solutions by online qualified tutor's help.
Financial accountancy or financial accounting is the branch of accountancy that for decision makers concerned with the preparation of financial statements, like suppliers, stockholders, banks, government agencies, employees, owners, and other stakeholders.
Theory and lecture notes of Implicit Methods all along with the key concepts of differential equations, Implicit Difference Equations, Crank-Nicholson Method. Tutorsglobe offers homework help, assignment help and tutor’s assistance on Implicit Methods.
theory and lecture notes of threshold logic all along with the key concepts of threshold logic, models of computation, artificial neural networks, perceptrons and artificial neural nets. tutorsglobe offers homework help, assignment help and tutor’s assistance on threshold logic.
tutorsglobe.com chiropterophily assignment help-homework help by online agents of pollination tutors
tutorsglobe.com employment law assignment help-homework help by online humanities tutors
tutorsglobe offers you accounting assistance in classroom assignments, homework help, textbooks solutions, accounting course help, online tutoring, and problems solutions, accounting tutors are available for help 24x7.
pH Measurement-Relative Molar Mass tutorial all along with the key concepts of How to Measure with ph Paper, Description on relative molar mass, Procedure
theory and lecture notes of ttl inverter all along with the key concepts of circuit structure of ttl, logical operation of ttl, transfer characteristic of ttl and noise margins. tutorsglobe offers homework help, assignment help and tutor’s assistance on ttl inverter.
The income statement layout will change as per to the sort of business to which it relates.
www.tutorsglobe.com offers electromagnetism homework help, electromagnetism physics assignment help, online tutoring, instant electromagnetism physics solutions by online qualified physics tutors.
Simple Harmonic Motion III tutorial all along with the key concepts of Damped Oscillations, Forced Oscillation and Resonance, Barton-s Pendulums, Energy Considerations, Phase, Physical Pendulum
tutorsglobe.com construction of ceiling fan assignment help-homework help by online electric fan and electric hair drier tutors
tutorsglobe.com biosynthesis of rna assignment help-homework help by online nucleic acid metabolism tutors
online ap exam preparation course and online ap tutoring package offered by www.tutorsglobe.com are the most comprehensive and customized collection of study resources on the web, offering best collection of ap practice papers, quizzes, ap test papers, and guidance.
1956524
Questions Asked
3689
Tutors
1488662
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!