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Define big business please.
I keep reading about “big business”, but really, what is big business? Is it the number of employees; the amount of gross revenue; the net profit; the percentage of profit to revenue; being publically traded? At what point is a company a big business? How big of a company does it need to be before the gov’t comes in and starts to penalize them for being successful?
I ask this because the term is out there and being used. Shouldn’t we define it before we discuss it?
4 Answers
- IcarusLv 61 decade agoFavorite Answer
It's a meaningless term used by politicians who want to tax certain industries. They are usually referring to sectors, like the pharmaceutical companies or the oil companies. Beware when the politicians start talking about "big-anything." It means they are about to start taxing businesses and prices are going to increase as a result
- Anonymous1 decade ago
A firm with a couple of hundred employees is a medium size business so just scale up from there. If it is ubiquitous on store shelves its' big. Almost 1/2 of US works for Big Biz. Many of these people want to protect their jobs, understandably, and don't want to make waves or rock the boat so they tend to vote more conservatively even though it may provide them with fewer government resources.
- Anonymous1 decade ago
it's all of the above yamster