What kinds of problems can large companies have?

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IELTS Speaking tip

Reflect on common questions and prepare key points in advance.

Vocabulary

  • challenges
  • issues
  • difficulties
  • competition
  • reputation
  • expenses
  • management
  • workforce
  • technology
  • regulations
  • resources
  • overheads
  • strategy
  • stakeholders
  • innovation

Sample Answer

Large companies often encounter a myriad of challenges, primarily stemming from their scale and complexity. One significant issue is bureaucratic inefficiency; as organizations grow, decision-making processes can become cumbersome and slow, leading to missed opportunities and stifled innovation. Additionally, large companies may struggle with maintaining a cohesive corporate culture, as employees spread across diverse geographical locations can feel disconnected from the company’s core values and mission. Furthermore, ethical dilemmas may arise, particularly regarding labor practices and environmental responsibilities, prompting scrutiny from the public and regulatory bodies. Finally, large corporations are increasingly vulnerable to market fluctuations and competitive pressures, which can jeopardize their long-term sustainability. Addressing these multifaceted problems requires strategic foresight and adaptive management to navigate the evolving marketplace.

User Answers

  • March 14, 2024 at 03:03 PM
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