In the past, most people worked for small businesses, while more people now work for large businesses. What are the advantages and disadvantages of working for large businesses?

The rise of large corporations has led to a fundamental shift in the workforce towards large businesses. The chief advantages of
this
relate to opportunity and the downsides are larger
,
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societal dilemmas. Proponents of big business can point to career advancement and the variety of roles within a large company. Small businesses, by their nature, draw on a limited possible source of revenue that naturally caps promotions. Large
companies
have nearly unlimited profit potential and can
thus
employ a large number of managers, executives and other high-salaried positions.
Moreover
, a small business is more likely to be limited in the number of roles, while larger
companies
will have departments ranging from legal to marketing to research and development to human resources, all of which are potential destinations for motivated employees. The disadvantages of these large
companies
relate less directly to individuals and more to society at large.
Firstly
,
although
there are more quality jobs available in big
companies
, the disappearance of small, local entrepreneurs means that capital becomes concentrated in the company’s chief shareholders, who are often living in other countries and already extremely rich. Over time
this
has led to the division of wealth that defines the 21st century.
Secondly
, as executive decisions become
further
removed from local communities it is harder to regulate large
companies
. A good example of
this
would be the environmental cost of drilling for oil and extracting natural gas, which hurts local residents but continues unabated because those in authority are unaffected. In conclusion, the opportunities provided by big business do not outweigh the negative potential for all of society when power becomes concentrated and distant. It is
therefore
important to check the reach of corporations and empower individuals.
Submitted by tagubskikh on

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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

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