Question

Why Is the Presence of Small Businesses Important for Large Businesses. Why ?

Answer 1

Explanation:

Marker consist of small and larger firm, they both complement each other in economy as the many smaller firm provide service that larger firm need and without larger firms where the smaller firms would do business.

In many cases it happens that larger firm produce a finished product but in order to compete that product they need different smaller firm to provide them those smaller parts, thus they coexist in economy. Exa: Suppose there is car manufacturer producing cars but they can’t produce each and every part of card they need depend on smaller particular firm to produce those part that completed the whole car and make it finished product.

Many smaller firms create an innovative idea, and we can see that nowadays more and more smaller firm as stats up coming up and larger firm buying it to complement the service of larger firm.

Many young worker tend to work at smaller firm to create a pathway for their careers and later on moving to larger firm after gaining essential experience from those smaller firms that is essential in shaping their career.