Entrepreneurship Management

Homework #1

Investigate about the companies classification according to its sizes and examples

(Ecuadorian business)

Companies have different ways of differentiating themselves from others,

whether by their company or social name, to the sector of the industry in which they

manage their turnover.

It is important to emphasize that one of the most common classifications within

the business sector is the size of the business due to many factors and benefits as well as

disadvantages that can be caused by this classification.

While it is true, the paradigm that encompasses most of the general knowledge

of people is that companies are being classified as small, medium and large, but today

the globalization warrants a clearer and more precise classification.

According to the Instituto Nacional de Estadsticas y Censos INEC (2014)

mentions in its report how companies are classified in Ecuador by it.

The abbreviation for the annual sales volume is V and the number of people

employed is P.

Large: V: $ 5'000.001 onwards P: 200 onwards.

Median "B": V:$ 2'000'001 to $ 5'000.000. P: 100 to 199.

Median "A": V:$ 1'000.0001 to $ 2'000.000. P: 50 to 99.

Small: V: $ 100,001 to $ 1'000,000. P: 10 to 49.

Microenterprise: V: <a $ 100,000. P: 1 to 9.

It is necessary to emphasize the importance of this classification and its based

on what each one contributes to the productivity according to its sector, the generation
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of employment, the fiscal benefits that obtain and the prestige that is created towards the

suppliers, creditors and people of interest also demonstrates how prepared is the

company in technological and operational aspects.

Based on the information obtained we can mention an example of each one of

them.

Big Business: Tonicorp Holding S.A., according to the data of the

journal EKOS (2016) the amount of sales in 2016 were $ 22 '731,585.

Median Business "B": Latina Vida Compaa de Seguros C.A., according to

the data of the journal EKOS (2016) the amounts of sales were $ 4 '068,596.

in 2016.

Median Business "A": Agrison S.A., according to the data from the

Superintendencia de Compaias (2016) the amounts of sales were

$1 '251,340.54. in 2016.

Small Business: Compaa de Transporte de Carga Pesada Sachamebal Oil

S.A., according to the data from the Superintendencia de Compaias (2016) the

amounts of sales were $870.937,13 in 2016.

Microenterprise: Inmobiliaria e Industrial Expreso Milagro S.A. Inemisa,

according to the data from the Superintendencia de Compaias (2016) the

amounts of sales were $20,925, 97 in 2016.

List of References

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Instituto Nacional de Estadsticas y Censos. (2014). Directorio de Empresas y

Establecimientos 2014. Recuperado 16 de marzo de 2017, a partir de

http://www.ecuadorencifras.gob.ec/documentos/web-

inec/Estadisticas_Economicas/DirectorioEmpresas/Empresas_2014/Principales_Resulta

dos_DIEE_2014.pdf

Revista EKOS. (2016). Gua de Negocios Ecuador - Ranking mejores empresas Ecuador.

Recuperado 16 de marzo de 2017, a partir de

http://www.ekosnegocios.com/empresas/rankingecuador.aspx#ancla

Superintendencia de Compaas. (2016). Ranking Compaas 2016. Recuperado 16 de marzo

de 2017, a partir de http://appscvs.supercias.gob.ec/rankingCias/rankingCias.zul?

id=3&tipo=3

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