Small Companies Survives fastest than Big Companies
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There are cons for being a small company. Smaller companies don't have the luxury of making financial mistakes with very little resources. You must get it right the first time or go under. Do you agree with this statement?
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Solution Summary
This is a discussion on the probability of small companies to survive during financial mistakes.
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You can respond with a negative answer. In fact, smaller companies can afford to make mistakes and still survive economically because the amount sacrificed is not substantial. Entrepreneurs in this situation can still borrow money from banks and start anew.
Let us ponder on this story by Satell (2013):
"Washington Post, a company with 640 journalists and has been in existence since 1877, was bought by Jeff Bezos for $250 million. Yet, the Huffington ...
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