<script src="http://ajax.googleapis.com/ajax/libs/jquery/1/jquery.js"></script>
<div class='one'>
<div class='two' style='width: 200px; height: 100px; background-color: red'></div>
</div>
<button id='a'>Через find</button>
<button id='b'>$('.one .two')</button>
<script>
$(function() {
$('#a').click(function a() {
$('.one').find('.two').css('background-color', 'green');
return false;
});
$('#b').click(function() {
$('.one .two').css('background-color', 'yellow');
return false;
});
});
</script>