The difference between entrepreneurship and small business ownership is the scope of the business, while the former has a global focus, the latter has local influence.
What is a company?
A company is a term that refers to an organization or institution whose main purpose is to carry out activities aimed at obtaining the economic benefit of its owners.
There are different business levels, while some companies focus on the local or regional public, other companies grow greatly and seek to market around the world.
However, the small company and the large company do not have so many differences when we explore their internal composition. Both must have different dependencies to deal with matters related to the company such as:
- Human Resources
- Legal Unit
- Financial dependency
- Executive dependency
- Among other
The keys to the success of a company are:
- Well managment.
- No waste of money.
- Innovation and meets a need of society.
These three factors will ensure a large part of the success of a company because they combine aspects that all companies must have, regardless of whether they are large or small.
If a company is poorly managed, has waste and offers the same as its competitors, it can stay within the average and not advance or develop in the market, meaning a failure.
Learn more about companies in: https://brainly.com/question/24630720
