Question

What are the differences in hazards to small and large businesses?

  • What are the differences in hazards to small and large businesses?

Homework Answers

Answer #1

Answer: Although both small and large business supports the growth of the economy of the country, the small businesses are at the larger risk as compared to the large business. The hazard to the small businesses includes:

  • Poor growth.
  • Doesn't have a proper fund backup.
  • Small business are usually not supported by the federal government.
  • Hacking Or misuse of data can be easily done due time lack of highly standard data encryption.

The risk of the large business are:

  • There could be location risk such as flood, natural disasters etc.
  • Poor construction could lead to respiratory disease.
  • Employees exploitation etc.
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