Who is "big business"?

groupergenius

Active Member
I hear it bantied about so often, but who is it really? I want to be "big business" so I can get all the tax breaks.
 

reefforbrains

Active Member
NV or DE resident agent, 401c with extreme operating costs. Use loss carryover for first few years then sell off the shell.....
Rinse and repeat....
Slimey as heck but people do it all the time.
 

snakeblitz33

Well-Known Member
Hmm, big business...
Well, I guess in societies perception is a business that practices prediatory and evasive capitalist business strategies in order to succeed, even though we already live in a very greedy, nasty little world?
I think big businesses are just businesses that have grown and done well for themselves. Wal-Mart, Target and Home Depot are like the staples of the warehouse industry. McDonalds, Burgerking and Wendy's are all successful businesses that have grown and become a staple of the fast food industry.
I think big business is monopolys. Such as AT&T a few years back or Microsoft dominating the market by Windows or even to such an extent as my local newspaper for being the only business to deliver local newspapers. (maybe not to that extent.)
I don't know, just my $0.02 I found on the floor at JC Penny. :D
 

ophiura

Active Member
Well, I work for a very large, technologically dominant, multinational, publicly traded company. So I guess I am big business.
IMO, unless you are self employed or work in a small locally owned company with one store, you are probably part of "big business." And it could further be that if you work in an industry supporting big businesses, you are part of the supply chain as well. So be careful who you want to "take it to" because it is quite likely you considering the nature of our economy.
 

salty blues

Active Member
Originally Posted by ophiura
http:///forum/post/2594539
Well, I work for a very large, technologically dominant, multinational, publicly traded company. So I guess I am big business.
IMO, unless you are self employed or work in a small locally owned company with one store, you are probably part of "big business." And it could further be that if you work in an industry supporting big businesses, you are part of the supply chain as well. So be careful who you want to "take it to" because it is quite likely you considering the nature of our economy.
Well stated, and thank you.
 

ophiura

Active Member
Growing up, I worked in a town basically built by IBM. Big blue man, all the way. I remember a teacher asking how many of our parents worked for IBM, and it was atleast 60% of the class. When you then consider the rest, people who work in retail, food, entertainment, mechanics...they are all people who make it possible to survive, and all rely on "big business" to keep the community functioning.
I would be careful jumping on bashing the big business lot - because there is NOT a set definition and likely the people who are really out to get them are boarderline socialists, IMO.
So, for example, if you REALLY think that raising taxes on oil companies - this it is right to go after "BIG OIL" and that it surely will result in a decline in gas prices....OMG we need some education in basic economics.
 

bang guy

Moderator
Big Business is owned by shareholders. All the 401K stock investments, wealthy investors, foreign investors, etc.
The Boardmembers of US companies are required by law to steer policy toward fiscal improvement. In other words, it doesn't matter how sleazy, how unfair to employees, how unpatriotic, they are bound by law to use all legal means available to make money for the shareholders.
If it's legal and cheaper to outsource part manufacture then they MUST do it. If there is a law making it illegal to outsource parts manufacture then they can't do it.
Big business isn't supposed to be an employment agency, nor is it supposed to lookout for the best interest of customers or employees, it's an entity that is created to make money. Thinking that a company should do more than make money is just going to leave you disappointed.
 

beth

Administrator
Staff member
Originally Posted by Bang Guy
http:///forum/post/2594575
Thinking that a company should do more than make money is just going to leave you disappointed.
However, if big business can convince you that "they care" all the better for big business. So you see owners of cigarette companies sponsoring commercials about how much good they do, or you see "environmentally friendly" energy producing companies.

Obviously, big business must make a lot of people happy because they wouldn't stay in business very long if they didn't.
 

ophiura

Active Member
That's just a good marketing department

But, FWIW, I do work in an oilfield services company and they truly are looking at enviro impact, partly for marketing - partly because it is the demand - and partly because they live here too.
 

groupergenius

Active Member
Great answers. My tax break part of the thread was tongue in cheek, mostly sarcastic. I for one believe if there were not succesful "big business", there would be no little business. Therefore, no jobs. I really would like to see tax breaks going to businesses that kept all their business here at home.
 

m0nk

Active Member
Originally Posted by Beth
http:///forum/post/2594585
Obviously, big business must make a lot of people happy because they wouldn't stay in business very long if they didn't.
With the unfortunate exception of Microsoft.... I don't know that they make ANYONE happy...
 

beth

Administrator
Staff member
Now we could talk about big business and military contracts.
The Boardmembers of US companies are required by law to steer policy toward fiscal improvement. In other words, it doesn't matter how sleazy, how unfair to employees, how unpatriotic, they are bound by law to use all legal means available to make money for the shareholders....Big business isn't supposed to be an employment agency, nor is it supposed to lookout for the best interest of customers or employees, it's an entity that is created to make money.
 
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