MGMT Assignment Example | Topics and Well Written Essays - 250 words

MGMT - Assignment Example The rule further helps to clarify that small retail business are not part of this rule which means that they are not affected by it. This regulation will affect my business in terms of accessing government procurement programs as well as obtaining financial support (Regulations.gov, para-1). The regulation try to define what is a small business as a sized standard and include all its branches. This proposal was put forth to provide clarity on the category of each operating business that has employees. It further provides the basis of whether a business qualifies for acquiring government procurement contract. I am against the proposed regulation because it has limited applicability in the actual situation. It fails to recognise other business such as retail trade enterprises as part of small business. Further, it represents just the opposite by stating that a small business is a standard sized business including its subsidiaries. One my comment has been submitted and acceptable my business will be able to fall under the definition of small business as explained by the small business administration. This will further make my business to qualify for government contracts and financial assistance. Regulations.gov.Small Business Size Standards: Industries with Employee Based Size Standards Not Part of Manufacturing, Wholesale Trade, or Retail Trade.Web.14.09.014 :< http://ww