Challenges in big businesses

[bhennie]

So I have always though that they shouldn’t get involved with things they are not knowledgeable about because it can become very wired when things don’t go right all because we are the ones that tried to do things the wrong way and it might be the right way

 

[Segat]

They are as follows
1 Finding customers
2 Increasing Brand Awareness. If your customers don't know who you are, they can't buy from you.
3 Financial Management
4 Competencies and recruiting the right talent

Another thing is that after the business survived and come to limelight, the strategy and strength to stay in the business is also necessary and important and it takes more strength to sustain something than taking it to higher level.

 

[AbAttitude1]

There are so many challenges as far as big business is consined. A business owner that doesn't have future plans and also can't create awayness when new product I goods entered market will face a lot of challenges by he I she can't gain more consumes to increase his income

 

[Oluwasube]

For sure big businesses have their own challenges as well as small businesses too, but challenges should be a thing to be scared of, it is a thing to face and subdue.

One major challenge of big businesses is Control, you may not be able to have total control over activities in the business.

Taxation: since government see the business as a big business they will always bring figures in taxes, has operators of the business will have to foot the bill.

Also more work, meetings and sometimes travelling is involved for owners of big companies.

You have given a valid point here. Government use taxation as a means to bill big businesses exoberant prices. Big businesses sometimes don't have total control over the outcome of events

 

[Akinwale701]

The good number of people desire to own a business either online or offline and they wish to see the business grow big.
It is very important that people have vital information about business before they go into it big time but it unfortunate that many care to know the opportunities in starting a business in a big way. As a big business owner or an expert in managing a business , what are the challenges involved in a big business?.

part of the challenges facing a very big business is the ability of the business to manage huge data base if their clients, cuseonter, employees, and other stakeholders and board of directors to ensure the smooth running of the business and to act as it should towards the public

 

[Lyrrex]

There are many challenges faced by the big businesses. Among the problems include slow decision making. Every worker will want to contribute herby slowing down the rate of making decision. Also there is unhealthy among the workers

True! There's always challenges associated with big businesses.

 

[ahmedo24]

You have given a valid point here. Government use taxation as a means to bill big businesses exoberant prices. Big businesses sometimes don't have total control over the outcome of events

Did you also know that big businesses also enjoy some benefit from Government that small businesses do not like huge loan to be paid in a very long time especially if they are registered?

 

[Popular]

Every individual has his or her business mindset,so in every business their most be competitors and for you to see your self winning you have to work with expert .

 

[Adebola]

Monitoring performance​

Using a meaningful set of rounded performance indicators that provide the business with insights about how well it is performing is key. Most business people I know are not experts in how to develop KPIs, how to avoid the key pitfalls and how to best communicate metrics so that they inform decision-making. In most cases, companies rely on overly simple finance indicators that just clog up the corporate reporting channels.

Regulation and compliance​

As markets and technologies shift, so do rules and regulations. Depending on your industry, it can make much more sense to bring in a consultant to help with these areas rather than trying to understand the complexities yourself — and risk fines or worse for non-compliance.

 

[akinlolu99]

Some large organizations are exclusive and dynamic is dependent upon endorsement of that one individual if their is nobody he designated to do as such for his benefit.

Managing mandates which are generally not expertly taking yet since it comes from the proprietor of the business, the experts need to simply fail to remember the morals and get things done as coordinated. Model is in deals of scrap iron created over the span of activity, the standard practice is to experience an offering cycle or welcome bidders to cite and as such you get the most noteworthy incentive for deals however you can have occurrences where the proprietor coordinates that it MUST BE SOLD to a specific individual. In this cases the issue of most noteworthy bidder vanishes

 

[Khizar iqbal]

I think in every business there are yes, there are problems, there is poverty. If the business is big then big problems will come. If the business is small then small problems will come.You need a good manager, you need good labor, you need good investment.The bigger the business, the more google will be.

 

[Muhammad hussain]

I think the first problem you have before you start a BBC is to start an offline business and start an online business.Then you have to choose a place. Online business is in big countries and more in small children.The location of your business is the largest

 

[QalabDogar1906]

The good number of people desire to own a business either online or offline and they wish to see the business grow big.
It is very important that people have vital information about business before they go into it big time but it unfortunate that many care to know the opportunities in starting a business in a big way. As a big business owner or an expert in managing a business , what are the challenges involved in a big business?.

I think, in big business we face many challenges. Nowadays the big challenge that face by businessman is that shortage of currency. Because without money and investment we can start business.And there are many other challenges that can be face in business.

 

[Waqas wajid]

I think the bigger the business, the more challenges you will face. You have to make a good software.In addition, you will have to find such people for marketing in the top class.Also you have to put full emphasis on advertising. Advertising is a big challenge. You have to do it through social media. You have to do it through the news.

 

[Mariyam]

The good number of people desire to own a business either online or offline and they wish to see the business grow big.
It is very important that people have vital information about business before they go into it big time but it unfortunate that many care to know the opportunities in starting a business in a big way. As a big business owner or an expert in managing a business , what are the challenges involved in a big business?.

Businesses have to face many challenges it may be in the form of assets or staff member
Designing Systems and Processes.
Lack of Direction/Vision. ...
Coping With Market Competition.
Keeping Up With Market Transformations.
Reducing Dependencies On The Founding Team.

 

[Sheun450]

Business Strategy. 1.1. Designing Systems and Processes. 1.2. Lack of Direction/Vision. Marketing. 2.1. Building Effective Marketing Strategies. 2.2. Properly Allocating Marketing Resources. Recruitment. 3.1. Hiring New Employees. 3.2. Management. 4.1. Time Management. 4.2. Sales. 5.1. Landing New Business.

 

[ahmedo24]

I think the bigger the business, the more challenges you will face. You have to make a good software.In addition, you will have to find such people for marketing in the top class.Also you have to put full emphasis on advertising. Advertising is a big challenge. You have to do it through social media. You have to do it through the news.

Actually sometimes the bigger the business the smaller the challenge you will face especially if you are always in trend with the business, social media platforms has made marketing much more easier now and less expensive unlike before.

 

[nasiusman95]

Uncertainty about the future. ...
Financial management. ...
Monitoring performance. ...
Regulation and compliance. ...
Competencies and recruiting the right talent. ...
Technology. ...
Exploding data. ...
Customer service

 

[Muhammad Irfan **]

Finding Customers. This first one isn't just a small business problem. Increasing Brand Awareness. If your customers don't know who you are, they can't buy from you. Building an Email List. Lead Generation. Delighting Customers. Hiring Talented People. Managing Workflow.

 

[Jlife]

To me I do not personally see the disadvantages or challenges in any big business organisation if a business organisation is big and its established then they will be no challenges at all because the business will be trusted by a lot of people, I do not know what you're talking about