▶ Your Answer :
Both
the reading and the lecturer discuss starting own business. While the reading
focuses on the positive aspects of owning small business, the lecturer
contradicts it.
To
begin with, the reading states that unlike corporate life, self-hired people
experience less bureaucracy because they do not have to be monitored by others.
The lecturer disagrees that people owning small business still experience
bureaucracy. According to him, many people start business with partners which
often causes headaches when they run into conflicts. Plus, it would rather take
a long process to get a license to start the business.
Secondly, the reading mentions that small
business owners have higher job security than workers in a corporation by
stating employees are always in danger of being fired. However, the lecturer
casts doubt on this point that owning a business does not lead to higher job
security by showing the fact that nearly 75 percent of small businesses fail. In
addition, since small business owners cannot depend on other coworkers as they
were in corporations, their laziness or health would be directly connected to
business outcome.
Finally, the reading points out the decrease
in fringe benefits of a corporate position. This causes employees to worry
about their retirement, thus making keeping a corporate position an
unattractive choice. The lecturer challenges this point that small business
owners have to care about retirement plans themselves entirely, because they do
not have any fringe benefits provided unlike corporate workers. He says that
even though corporation are reducing the scope of fringe benefits, it is still
better than none.
To
conclude, the reading suggests three advantages of owning a small business
whereas the lecturer casts doubt on these that working for a corporation is
better. |