Chapter 23 L

Question 0

Other differences between small and large firms? (3+)

Answer 0

small have worse pension plans, are more likely to be laid off, and large firm workers tend to work there longer than small firms.
plus, people are social beings so prefer to work in large corps with more people.
plus, not as much advancement in small business.

Question 1

Do small firms or large ones lay more?

Answer 1

large firms. but both small and large create the same number of jobs.

Question 2

Who is better suited to changing economies? large or small firms?

Answer 2

large.