What Is an Important Difference Between Small and Large Businesses

question 26

Multiple Choice

What is an important difference between small and large businesses in terms of alignment between organization and people strategies?

• A) Large businesses are constrained by existing internal processes; small business have less bureaucracy and can change faster.
• B) Large businesses have more strategy to align; small businesses keep it simple.
• C) Large businesses have more competitors; small businesses can keep a closer eye on fewer rivals.
• D) Large businesses have more overhead and constraints; small businesses are leaner and meaner.

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Definitions:

Periosteum

The periosteum is a thick layer of blood-rich connective tissue surrounding the bones, excluding the joint areas.

Trabeculae

A network of supporting fibrous or muscular strands in organs, notably seen in the structure of spongy bone and certain organs like the spleen.

Spongy Bone

Spongy bone, also known as cancellous bone, is a porous type of bone found at the ends of long bones and in the inner layers of short, flat, and irregular bones, characterized by a lattice-like structure of trabeculae.

Compact Bone

Dense, hard tissue that forms the outer layer of bones, providing strength, structure, and the ability to withstand stresses.