Differences - "The difference in the administrative...

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“The difference in the administrative structure of the very small and the very large firms are so great that in many ways it is hard to see that the two species are of the same genus … We cannot define a caterpillar and then use the same definition for a butterfly.” Dame Edith Penrose
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Most of the definitions of a small business indicated above are however, in effect, only attempts to provide a proxy for what is the essence of ‘smallness in business units. Smallness is about being autonomous yet having limited resources of manpower, time, skills, expertise and finance and therefore having to be dependent on external support.
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The Differences between Smaller and Larger Enterprises AREAS Structure Management and control Operations / Production Resources - Human - Financial Strategy / Planning The Market The Business Environment
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Loose (if one exists at all) or “fuzzy”. No organisational chart or
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This note was uploaded on 10/13/2009 for the course MGT 3150 taught by Professor Ken during the Spring '09 term at Al Akhawayn University.

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Differences - "The difference in the administrative...

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