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As the world becomes more integrated economy will small and medium companies dominate rather than large corporations?
Components parts are becoming more small and important. The supplier sources for these products are becoming more competitive and diverse. Will large companies give way to a vast network of small companies provide a diverse number of small product components?
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No i cannot see small and medium companies dominate large corporations even if the world is becoming more integrated. All large corporations have the brand name,resources,finances,labor force,equipment,technology and a dominate market share in small product components. The main reason why they will not is because most large corporations outsource most of their labor to outside countries who produce the products for them at a very cheap labor rate and also component price. Also large companies seek to expand and dominate the market most likely will look to buy the small businesses to improve better services and products to the customer. I cannot see large companies giving way to small companies that would be a backward business ideology it would not make common sense to do so.
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More companies will become virtual corporations and reply on their business partners for products and services.
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Small and medium companies will not dominate, instead they will be more important suppliers and sources of innovation for large companies with massive financial resources
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