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?

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

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have nearly unlimited profit potential and can

thus

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employ a large number of managers, executives and other high-salaried positions.

Moreover

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, a small business is more likely to be limited in the number of roles, while larger

companies

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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

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relate less directly to individuals and more to society at large.

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,

although

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there are more quality jobs available in big

companies

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, 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

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has led to the division of wealth that defines the 21st century.

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, as executive decisions become

further

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removed from local communities it is harder to regulate large

companies

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. A good example of

this

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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.