How do the levels of strategy differ-large vs small firm
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How do the levels of strategy differ in a large firm versus a small firm?
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Solution Summary
strategies of decision making, unsecured loans, hiring outside professionals, public vs private company are discussed and compared.
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Levels of strategy differ due to the control of decision making between the two entities. In a small firm, most often owner owned and operated, there is only one decision maker. The "Boss" makes all the major decisions, even if he does pass his ideas by another member of the firm.
Smaller firms are also in a better position to obtain unsecured loans for expansion. Many small business loan ...
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