Essays on Entrepreneurs

Introduction

Biotechnology entrepreneurship is the integration of all scientific and business activities that are required to build an enterprise (Shimasaki, 2014). This practice allows an organization to invent, develop, and make money from biotechnology products.

Significance of the Biotechnology Entrepreneur

Although teams of employees with different diverse skills are required to make an organization successful, the value of an entrepreneur cannot be overlooked. Entrepreneurs have the drive and vision necessary for the creation of a company. This is true for all industries including the biotechnology industries. Biotechnology entrepreneurs have leadership qualities and passion that motivates them to invent new products and services. These entrepreneurs have ...

The Company: Al-Zulfi Group in Qatar

Issue: Reservations about hiring women Expansion plan: Due to market saturation coupled with growing competition in India, SSSL aims to target international geographic segments with excellent demand for security system products (Zain, 2017). Partnership: SSSL proposes a partnership to Al-Zulfi Group because it is legally bound (as per foreign investment laws in Qatar) to partner with a local company with 51% share to be held by the local company to expand to Qatar (Zain, 2017). Conflict: Samir Singh, the CEO at SSSL wants Seema Saran to lead the project in Qatar, while Zulfi Khan, the Director of Al-Zulfi Group ...

Defining E-Commerce

E-commerce is a form of conducting business over an electronic network, most preferably the internet. It is a process involving the online interaction between the buyer and the seller or between two entrepreneurs characterized by online exchange of money.

Factors leading to the rise in the number of consumer shopping online

A huge number of people today have access to the internet compared to the number a decade or two ago. A large number of online users leads to more people preferring shopping for consumer goods online because entrepreneurs offer their products at lower prices that the normal higher-retail shops. Second, the efficiency and effectiveness of online shopping contributed to the ...

Master Scholarship

Leadership requires competent skills, knowledge, and enthusiasm to inspire and manage the team. I am of the view that I am a competent individual who is eager to participate and manage versatile events and activities. Regardless of extra curriculum activities in the school and college, I have always taken charge of group activities in the classroom. My problem-solving attitudes and communication skills have supported me to manage teams. I am keen to learn new things and apply in my life, as I believe that adopting new things and knowledge polishes an individual’s personality. It is also important for ...

Introduction to Entrepreneurship

Introduction to Entrepreneurship

Introduction

The term ‘entrepreneurship’ became very popular in the 21st century when people recognized the importance of introducing major changes in the world. Today, many people abandon their career as an employee and start entrepreneurial ventures with intent to earn unlimited income and to meet their self-actualization needs. Considering the scope of entrepreneurship in supporting a country’s economic growth, governments worldwide are willing to finance potential entrepreneurial start-ups today. This paper will critically explore the scope of entrepreneurship, giving particular emphasis to the operations of small business houses.

Obviously, time and money are two important factors ...

Aboriginal peoples and communities are among the first inhabitants of Canada and are thus considered as one of the founders of Canada. Aboriginal peoples already had legal systems and governance structures even before European settlers arrived in Canada. With the advent of European settlers, Aboriginal peoples were forced to either assimilate to the foreign systems and culture or ignore the immigrants and keep their culture. The latter, however, resulted in conflicts between the European settlers and the local Aboriginal communities. Such conflicts were settled through the signature treaties. However, the signing of the agreements did not guarantee that the ...

Business Plan

When starting a business, entrepreneurs normally make a lot of assumptions about their new ventures (Honig & Karlsson, 2004). One of the assumptions that entrepreneurs normally make is that the product they are going to offer will be liked by the consumers and that the product being offered will be profitable. However, investors normally want to be assured that a lot of research has been done and that extra significant assumptions can be supported with data. In the proceeding paragraphs, we shall discuss the assumptions that were made for our fast food restaurant business plan. The first assumption that we ...

Benefits of Food Truck Business for the Communities

Food Truck Business brings a lot of value to the communities and customers that they serve. The most important aspect of food trucks for the customers is that the food is delicious and cheap. That is the reason why people love it. Food trucks basically offer a lot of room for creativity and it offers gourmet creations, as well as, exotic ingredients to its customers. Most importantly, they are convenient whenever someone is looking to have a quick snack, and they are also perfect for casual dining.

Advantages of Food Truck Business

Food Truck Business offers a lot to first-time business owners and entrepreneurs. ...

Qualities of a Successful Entrepreneur

An entrepreneur needs certain qualities to be a successful entrepreneur. It is due to the fact that without development of those qualities, he or she cannot be succeeded in the diversified business world. Table 1 identifies the qualities and their traits that should be part of an entrepreneur to be successful.

Table1: Characteristics and Traits of an Entrepreneur

Source: Singh & Gupta (2016)

The earlier described traits are interlinked to each other and hence can be summarized in the following manner.

Decision-making Ability: The entrepreneur can avail any business opportunity in case he or she has the ability to take quick decision. Entrepreneurial Ability: It is required by an entrepreneur to e energetic and optimistic. Profit-orientation and ability to take responsibilities enable entrepreneurs to manage ...

Project Proposal: The Risk of Starting a Small Business by an Emarati's Women By Taking a Loan from Abu Dhabi Islamic Bank

Introduction

Over the years, various steps have always been taken to ensure that the Emirati women are then able to be empowered. This has included through the various issues such as the increase in their involvement in the workforce and further the setting aside of certain positions within the society that need to be filled with women. All these steps have been taken to empower women. Even though these measures may be deemed to be similar to many ...

INTERNET BUSINESS

Abstract: A usage of internet has become popular in the field of business. E-business is the business which the business owners can sell and buy the products over the internet. It keeps the preserve to hold the position on the competitive market. It helps to increase the role of internet and increase the market share. With the help of websites, the startup business has been utilized the essential characteristics of the business facility provided on the internet business. The improvement of information technology in the internet business plays an active role in the startup business. It offers online service ...

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POSTGRADUATE DIPLOMA IN BUSINESS ENTERPRISE

Southern Institute of Technology 2016

List of Tables 3

Section 1. Introduction 4 1.1 Purpose of the proposal 4 1.2 Research Aim 4 1.3 Research Questions and Objectives 4 1.4 Research hypothesis 5 1.5 Background and overview of business 5

Section 2. Literature Review 6

2.1 Introduction 6 2.2 Micro and Macro-Economic Indicators and Business Confidence 6 2.3 Recent Trends, Strategies and the Market Potential 7 2.4 Consumer Preferences 8 2.5 Conclusion 9

Section 3: Methodology 9

3.1 Introduction 9 3.2 Secondary Research Method – Literature Review 9 3.3 Case Study 10 3.3.1. Research Design 10 3.2.2. The Sample 11 3.2.3. The Process 11 3.5 ...

for the Success of a Business Enterprise In this age of globalization and fierce competitions, the importance of financial management in operating a business establishment has increased many folds. The role of financial management has evolved beyond managing the day-to-day business to encompass strategic planning. A growing, successful business needs to recognize the importance of financial management and its contribution to achieving business goals (“Financial management and business success – a guide for entrepreneurs” 3). It embraces diverse functions from effective administration and compliance, managing cash flow, and tracking and measuring performances to developing plans that help senior management to ...

Background

The Multifibre Agreement was developed in 1974 and governed the world’s textile sector until 2004 when it was phased-out. The accord inflicted quotas on the amount developing countries could export to the developed world. It was meant to help the developed countries adjust to existing absolute advantage that the developing countries have in the textile industry. The existence of the agreement allowed the Bangladesh textile industry to flourish in the 20th century and early 21st century. It was highly expected that the phase-out of the MFA would greatly affect Bangladesh negatively as the country was highly dependent on ...

Introduction

Shark Tank is a reality television show, which entails entrepreneurship and investment. The program features some of the richest people in the world in matters regarding investment and businesses funding. It was first aired on August 9, 2009, on ABC. During the show, entrepreneurs are in some form of a contest to win the favor of the investors, who are referred to as ‘sharks’ in the show. After presenting their business ideas and products, the entrepreneurs hope that the investors would take an interest in the presentation and offer to invest in their companies. The program has been a ...

Introduction

Industrialization refers to the sustained structural transformation of a traditional agrarian society to a modern economy driven by high productivity in manufacturing society (Szirmai, Naudé and Alcorta, 2013). Industrialization started in the mid-eighteenth century in Britain and then spread to other European countries and the USA in the nineteenth century. In the twentieth century, Japan, Singapore, Korea, China, and other East Asian Tigers became industrialized (Szirmai, Naudé and Alcorta, 2013). Gerschenkron (1962) used the term rarly industrializers to refer to countries that were first to industrilze such as Britain. He used the term late industrilizers to refer to countries ...

Michael Dell Leadership Style

Michael Dell is a business leader, entrepreneur, and owner of Dell Computer Corporation. He exhibited interest in technological gadgets at an early age and purchased an Apple computer so as to find out how it worked. He played a critical role in the revolution of personal computers since Dell was the biggest manufacturer of personal computers (PC). He was elected the youngest CEO of Fortune Five Hundred Companies. Michael Dell uses a transformational kind of leadership (Kreitner & Cassidy, 2011). He acts as a role model to his employees and motivates them by being an example to them. He is ...

The world has a rich array of contemporary art such as films, musicians, televisions shows, and exhibits that are used to communicate various issues of societal concern. Presently, television shows have grown from recorded films meant for entertainment to reality films that reveal real events of people’s lives. Notably, Shark Tank is an example of a reality show where investors and entrepreneurs meet to negotiate on business deals. The film shows real life events that shape the lives of those that meet the investors. Primarily, Shark Tank brings out the ideal of the American Dream and assists the ...

A Review of the Literature

If asked to name the “national dish of Britain,” the average person is likely to say, “there is nothing more British than fish and chips,” but he or she might be wrong as it all depends on the criteria used to determine the national dish (Castelow, 2013). If popularity is the yardstick, then fish and chips would miss the mark, since each year in the UK it is outsold by hamburgers, fried chicken, pizza, and Indian and Chinese food (Alexander, 2009). And while this is true, fish and chips still play a vital role in the economic success of ...

Introduction

Changing a mindset is extremely difficult, especially for a person who is juggling all of the commitments of a busy life—a full-time job, family obligations, showing up for social occasions, and the like. It seems to be simple human nature to go along in life making incremental changes, but never really examining the underlying assumptions that our days are based upon. Entrepreneurs may have certain character attributes that give them the capacity to distance themselves from the urgent—what to wear, who to hire, how to soothe the boss—to focus on the truly important—what is meaningful, ...

Business Management and Entrepreneurship

Introduction Business management or being an entrepreneur is one of the interesting jobs but also challenging. Entrepreneurs or business managers face various challenges as they manage their business. Some of the challenges can include coming up with products/services that attract customers, executing different business objectives, recruiting and retention of the right employees and also maintaining a wide range of business laws and regulations. In most cases, entrepreneurs that are most successful in managing their lines of business have a conceptual knowledge in managing business functions. Therefore, it is important for an entrepreneur or business managers to take business management ...

Abstract

Entrepreneurship refers to the willingness or the ability of an individual to start and manage a Business Venture. The risks associated with the new Business Venture are taken into account and the individual develops the plan to manage those risks and implement the plans in order to make profit. Such an individual can be referred to as an Entrepreneur. A new business venture depends heavily on innovation, inspiration, motivation and human and non-human resource planning and the risks associated with these factors. An individual faces two options after graduation, whether to start a business venture or join an organization ...

A Review of the Literature

If asked to name the national dish of Britain, the average person is likely to say, “fish and chips,” but he or she might be wrong. It would all depend on the criteria used to determine the national dish. If popularity is the yardstick, then fish and chips would miss the mark, since each year in the UK it is outsold by hamburgers, fried chicken, pizza, and Indian and Chinese food (Alexander, 2009, n.p.). But if cultural identity and national pride are the measure, then fish and chips is likely to win hands down (Zaino, 2013, n.p.). Surprises of ...

Introduction

Any new business must build its own roadmap, otherwise it is just like doing a project without a plan, and the results might be disastrous – it is good as not doing business at all. Creating a start-up budget is building a roadmap for a project or business. This is the most delicate and complex for a starter businessman/woman, but it is the wisest move to make. When you build a roadmap, you are anticipating possible problems for a business that is still unclear, which means you are looking ahead. A business owner must look beyond years, must be a ...

Discuss the meaning and characteristics of different monetization strategies in the digital economy. How can content and user-generated content be monetized? Critically evaluate these strategies by referring to specific examples

Introduction

The traditional balance between entrepreneurs and customers has changed due to the development of the global economy accelerated by new communication and computing technologies that have created an open global trading regime. Organizations, especially the macro enterprises have to deal with the growing demand for digital marketing and distribution strategies irrespective of the amount of revenue they generate. According to Capgemini Consulting (2014), extracting value from the connectivity opportunity ...

The advancement into globalization raises a controversial discussion about political and economic systems. By its nature, globalization implies setting a singular standard in various aspects of society, like politics, economics, technology, regulations, employment, etc. (Tregakis and Brewster, 2006). While convergence towards a common political and economic system is encouraged by structures such as European Union, which weakens trade barriers, the cultural patterns, the timing of industrialization, the nature of the dominant industries, the density of population or the disparity between rich and poor count as factors of divergence (Ashraf and Galor, 2007). As a result, two most common economic ...

Event Legacy -Contemporary Issues in Event Management

Introduction The event industry has undergone a tremendous transformation where it has shifted from its traditional nature to being embraced by both professionals and entrepreneurs. The increase in mega international events, such as the FIFA world cup and the Olympics, has attracted different stakeholders, including event managers and other parties, to make such occasions a success. The growth of the industry has also been accompanied by an increase in the size and range of the audience. As a result, event managers are often faced with serious challenges, such as the need to leave a legacy and positively impact the ...

Introduction

High-tech entrepreneurship refers to a form of a business leadership characterized by technology-intensive business opportunities, high-potential for growth, managing rapid growth, and gathering useful resources such as cash and talent. Innovations influence high-tech business innovations that giving products and services exceptional values that stimulate high market demand. Moreover, world economies are known to compete under the concept of innovation in the global market (Zemlickeine 2011). The business world today has become diverse with every entrepreneur aiming at introducing a business idea or product capable of winning the competitive advantage in the dynamic business world.

The business idea

Coming up with a business ...

Introduction

Small businesses and entrepreneurship contribute to economic growth, a creation of additional jobs, fair competition, a decrease of monopoly. Historically, the male population was in the majority of those who managed businesses. Nowadays, more and more women create their own entrepreneurship yet some of the business located in developing countries seem to leg behind. The survey suggested several hypotheses according to which women do not intent to take the risk and expand a business, turning it into more lucrative. The research study on “The performance of female entrepreneurs: Credit, training and the moderating effect of attitude towards risk-taking” suggests ...

The institutional affiliation

It should be emphasized that sometimes globalization of fast food can have risks to local culture and economy. It is true to say that a lot of Asian nations are going through impetuous changes in the economy and society, which lead to drastic alterations in the lifestyle and dietary habits. The abundance of fast food in Asian countries instantiates the extensive impact of complex food marketing that works on globalization and the growing wealth of the area (An Pan, 2012). Food corporations have spent a good deal of money to promote Americanization of fast food with moderate directive or ...

Introduction 4

Literature Review 7

Results and Discussion 13 Conclusion and Recommendations 14

References 15

Appendixes 18 Introduction France has been debated on their expatriates’ citizen lately due to the expansion of expat workers. It is seen negatively as some politics state that it is a “lose of brains” for the country because of the crisis and fiscal pressure of the government (Biacabe & Robert, 2014). The French system is often criticized due to the high risk that entrepreneurs are facing when they open their business in France. For instance, as Jean Tirole who awarded the Nobel Prize in economic, explained the French labour ...

Sun Devil Story

Hailing from a Kuwait, I am the youngest child of a large family with five siblings. Being in a family which has been doing business for quite some time now, I have always wanted to pursue Business Administration to be suitably qualified to get into our family business. My desire to pursue my Business study is because of my observation of my family business, which has taught me that doing the same business for a long period of time leads to following certain repeated techniques thereby resulting in stagnation. I am sure that doing my business course would help ...

The story of Microsoft started as a small company founded by two high school friends in 1972 and a relatively shorter period, these friends could manage to revolutionary innovations in the history of computer producers. Before them, the computers were using very confusing software for users. Microsoft Company has produced the computer operating system of Windows. The primary strategy Microsoft has followed is to create user-friendly applications and operating system. The software developed by Microsoft has made the use of computer very easy, and that helped the company increase its market share in the global market. Nowadays, Microsoft has ...

Entrepreneurial Intentions and Moral Disengagement among Business Students

This study evaluates the relationship between entrepreneurial decision making and moral disengagement among business students with the objective of assessing how far students are willing to compromise on ethical values to achieve financial gains and self fulfillment. This study is expected to contribute substantially to the existing literature on entrepreneurial intentions and ethical decision making by getting an insight into the organizational behavior of would be entrepreneurs. Instances of ethical aberrations by high ranking officials from companies like Enron and Goldman Sach, who were business graduates from reputed institutes prompted Cory, S.N. (2015, 2) to undertake a research to ...

BOP Assignment

A firm’s internal and external environment affects its performance in the market. It is worth noting that there are several tools of analysis used to determine the manner in which a given organization performs in its environment. Business operations take place within an environment. The environment factors are classified into internal and external factors depending on the type and ability of the firm to control. In this case, BHS is an example of an enterprise that was bought by an investor and merged into his wider business. After a while, it was on the verge of collapse, and ...

The majority of the successful people in business has embraced entrepreneurship. An entrepreneur is a person who can organize, develop while at the same time managing a business (Daley, 2013). He or she manages and mitigates the risks that come about with the type of business he or she is venturing into. An entrepreneur must be able to analyze the risks that come about with the business and make accurate decisions on what to do (Daley, 2013). Entrepreneurs help the economy to grow in that their profits contribute to the growth of the economy through the payment of taxes ( ...

THE RELATIONSHIP BETWEEN ENTREPRENEURIAL INTENTIONS AND MORAL DISENGAGEMENT

Abstract New intuitions into the genesis and impacts of entrepreneurs’ immoral measures can be obtained through observation to moral disconnection, a cognitive system that disables the self-regulatory process that prevents humans from actions, which are variable with their personal moral values (Gladston, 2016, p. 102). Outcomes that are acquired with a specimen of Chinese enterprises indicate that the trader’s motivation for monetary victory is linked positively to moral disconnection and that similar disengagement, alternately, is linked positively to unethical resolutions. However, enthusiasm to attain self-realization is not connected to either unethical decisions or moral disengagement (Siltaoja & Lähdesmä ...

The training at Qatar Development Bank provided an orientation to the industry’s daily activities and challenges. The first 40 hours of training were not enough for one to grasp the assigned department’s routines since there was a lot to learn and understand. On the reporting day at QDB, I met Mr. Ramez, who gave me a brief introduction of the bank and what the training entails (Ramez Mohamed Salah Eldin Thabet par 1). His orientation focused on the bank’s goals, visions, and mission and the general requirement expected from the trainees. The next step was to ...

Biography

Enterprenuershipa nd management has been my core of interest from a tender age. I adopted this from my family members who had ventued into enterpreneurship. Consequently, I decided to follow their footsteps. I was born in Australia back in the year 1965, on the 18th day of September. With the fact the entrepreneurship and business were the major backgrounds for my family, I graduated from Ruff's university in 1985, attaining a first class, which opened my doors towards getting a scholarship. I had to follow the same roots. Being the third born of my family, I decided to be ...

The following literature review evaluates scholarly research on the challenges of entrepreneurship, project management and sustainable development in Africa. Based on the discussion meaningful implications and suggestions are mentioned towards the end. Africa is a land of magnificent natural sceneries and resources but even in the 21st century it is still considered the Dark Continent, bearing metaphorical meaning. It is the least developed continent in the world. Despite major efforts in improving the lives of Africans there are many challenges that face the continent.

Sustainable Development in Africa

Africa has immense natural resources and precious minerals. For decades the practice of finding energy ...

This paper will outline my plan to undergo a one-month training program at Qatar Development Bank (QDB). During this training, I will work in Capability Development which is a department under the Consulting or Advisory services. This department is tasked with developing the capability of entrepreneurs in Qatar, particularly in the industrial field. It fulfills this role by offering training courses in business leadership and participating in events like the Global Entrepreneurs Week . I will train under the supervision of Mr. Suaod Al Mannal, the Head of Learning. My training program will run for four weeks, from July 31 ...

Question 1:

Wendy Borg and Jason Kushdog were two entrepreneurs who came together to form Trendsetters Inc. trendsetter Inc. was a startup aimed at providing new warehousing and distribution solutions to clothing retailers. They however had a major challenge of capital as they only had six weeks of operations before they could run out of the initial seed capital they had invested. This prompted them to seek for alternative sources of capital, venture capital being one of the most lucrative one. Neither of them had knowledge in how venture capitals work since Wendy had her background in supply chain management and ...

Business Ethics

Business Ethics Business ethics refer to the just principles that serve as a guideline on the conduct and management of every business. Generally, the ethical principles that apply to an individual are likewise applicable to most businesses. Some people claimed it to be just knowing about the right and wrong practices, however, a closer examination reveals that good ethical practice in the business may differ across organizations. This paper aims to provide an examination of different point of views towards business ethics.

In an article entitled The Merits of Self-leadership, the author came up with a commentary about the ...

Crowdfunding programs such as Indiegogo, Fundable, and Kickstarter are currently responsible for the emergence of exceptional projects. The sites utilize the gains from pledges and popularity to create a competitive environment for the investors to acquire an interest in funding startup ideas and businesses (Toren, 2014). Entrepreneurs can definitely benefit from crowdfunding programs if their ideas are viable, lucrative, and interesting. This paper examines the ideology and importance of crowdfunding from Adam Uzialko’s perspective following the incorporation of the Jumpstart Our Business Startups Act (JOBS Act) into the US constitution in 2012. According to Uzialko (2015), the enactment ...

An entrepreneur faces months or days of trying to pitch an idea to investors. He or she attempts to inspire the investors to take interest in the business or idea. Finally, when the results of the startup procedure come out they are termed as term sheets that depict an investor(s) an interest in providing the entrepreneur with funds for the business. Cat Zakrzewski, the author of “DataTribe Launches To Back Entrepreneurs Leaving Government Roles” develops the art of making a business deal and the importance of term sheets in entrepreneurial finance. This essay examines the primary ideas presented ...

At different stages of startup implementation business angels, venture capitalists and are concerned as the main traditional sources of financing for such projects. At the same time, entrepreneurs have more options of raising money through crowdfunding, an innovative method of online fundraising from a large number of investors. It is defined as popular method of financement. The three mentioned methods are appropriate for the Teaching Penny Stocks project. Before applying one of these financement models on practive, it is nessecary to define their advantages and disadvantages. It should be noted that getting access to capital is no longer crucial ...

There is a need to understand the term entrepreneurship before starting a business. For that reason, it is good to comprehend the entrepreneurship concept. Various economists have varying definition regarding entrepreneurship. Each entrepreneur has a wide vision on how he can succeed in a certain niche, meaning that they try to be innovative and capture a market that has not been captured before, to present a unique product or service. For that matter, entrepreneurs enhance the economy of a country by stabilizing sales and this increase per capital income, thereby shooting the economic status of a country. 2.0 Feasibility ...

Biography

I can describe myself as a highly accomplished entrepreneur. I have gained a great deal of experience in business startup, growth, as well as, exit. So far, I have been a Chief Executive Officer in three companies and my role in contributing to their success cannot go unrecognized. I started my career by establishing my biotechnology company, Volentix Pharmaceuticals. Starting this company was stimulating, exciting, and frightening at the same time. Nonetheless, this company did not operate for a long time due to some difficulties and hardships, but I did not lose hope. I learned a lot from this ...

The precise message of the advertisement

The literature around entrepreneurship has often been focused on the success of entrepreneurs. However, it has increasingly become important to develop some consensus on the importance of the understanding of the relevance and significance of the concept of entrepreneurial failure. The knowledge of both success and failure is vital to building a holistic understanding of the entire concept of entrepreneurship, and to develop endurance to the challenges associated with the business (Naqvi, 2011). Business failure is a challenging experience that most entrepreneurs have undergone in the history of entrepreneurship. Some individuals have argued that failure has significant impacts on ...

Question 1

John Wooden’s Pyramid of Success is still applicable to the current business environment. The pyramid named loyalty, team spirit, condition and skill present in the team. These attributes are essential to today’s business environment as they help nurture the relationship between the firm and its clients. The Pyramid of Success is applicable not only to basketball where Wooden was a coach but also in our day to day live. Through Wooden, we learned that the end is always a result of our doings and misdoings. Therefore, businesses that want to prosper in the long term should not ...

Introduction

The MENA Countries are the countries in the Middle East and the North Africa. Many of these countries are in the process of developing and some are less developed than others. As emerging economies, these countries are still spending the effort to develop their labor markets and human resources. Considering that the number of youth in the population is an advantage for economic development, the MENA Countries seem to have an advantageous position; however, before making this comment, one needs to analyze the labor markets in these countries. The basic statistics about unemployment exhibits volatility, and the unemployment rate ...

Introduction.

National, local and regional authorities sometimes implement and reinforce price control policies which are legal giving maximum and minimum prices of goods and services in an economy. By doing this, the government and concerned body intervene in the market directly thereby protecting consumers from being exploited. Two common methods that include price ceiling and price floor are in play. Considering the current situation of the government, there is need of immediate intervention as most entrepreneurs are aggressive and therefore maximise profits when given an opportunity (Denny 03).

Question 1:

The government should implement price control in this case because of the ...

Introduction

This paper evaluates how entrepreneurs can interpret and utilize different business ratios to the advantage of their business. The four vital rations include leverage, operation, profitability and liquidity ratios (Scarborough, Wilson, and Zimmerer 250).

How an entrepreneur can construe and utilize different business ratios

Business ratios are fundamental in determining the financial status of a company at a given time. There are twelve financial ratios, some of which appear on a company's financial records. However, both small and large entrepreneurs use four important ratios. The liquidity ratio exhibits a company’s capacity to settle its short-term debt commitments (Vasiu, Nicolae and Iulian 188). A high ratio displays that the ...

Introduction 3

Company review 3 Mission 4 Vision Statement 4 Value Statement 4 Innovation in Business 5 Summary 6

References 7

Introduction The focused gauges inside eco food preparing have progressively changed over the previous years. Support of bigger organizations, store brands and universal and additionally national confirmations have been influencing these progressions. Developments in the preparing division can help dealing with the new market circumstance. An awesome route for those who are interested in both nourishment and nature is to start an eco-food organization. Provide food nearby events and management get-togethers with goods that are produced with the use of natural fixings, ...

A Summary of

The reviews on Africa’s solar based enterprises are quite recent and cover a majority of related topics. He has reviewed the factors that provided an impetus to solar power based enterprises and the existing opportunities. However, the need for some more reviews on the reasons addressing slow development in the field is evident. Nevertheless, it is successful in drawing the readers’ attention on the gaps existing in the current review of scholarly works. The three basic research questions raised in the study clearly underline its problems and the purpose. Through these questions the author seeks to address the ...

An article by Dawson on the Wall Street Journal indicates that North Dakota has been a major source of oil over the past years. Statistics put its production at 1.2 million oil barrels a day. However, lack of proper infrastructure and the need to drill deeper in these areas have made it costly. Conversely, the prices have dropped to $50 a barrel, and the owners have considered selling the fields. The wells have been idle for some years and have been considered by new investors as a fortune. The fields are on hold for prices to balance in the ...

Introduction

Leadership is defined as the art and science of moving people from one point to another. This means that leadership refers to a situation where a person prepares the minds of his or her followers in order to work to attain a certain set of goals as a team or group. Leading brings people together for the attainment of results and the conduct of active work. Leadership might be construed as a process “by which one individual consistently exerts more impact than others on the nature and direction of group activity”. Leading in the context of businesses and companies ...

Introduction

In simple terms, imperfect competition can be referred to as a type of market structure that does not operate in conformity with the laid rules of perfect competition. In imperfect competition, there are so many barriers that prevent fair competition among the market players and also the accessibility to goods by users is limited and not all transparent. Limitations and barriers to such a market may include: prices being influenced by one or a few suppliers, barriers to the entry and exit of a market are quite significant and information about products and their pricing is very limited. Examples ...

The most important element of Kroc’s strategy was a concept of uniformity. Thanks to his experience in sales, Kroc recognized the significance of uniform standards. His strategy guaranteed that customers of McDonald’s all over the country could anticipate receiving the meal of same size and quality in different restaurants and these expectations would be met by McDonald’s franchisees, no matter where they were located. In order to achieve this ideal of uniformity, Kroc developed standards of operation, trained franchisees and monitored all McDonald’s outlets to ensure that they met these standards. In addition, Kroc’s ...

BUSINESS MEGA TRENDS ANALYSIS IN RETAIL SECTOR

Business Mega Trends Analysis in Retail Sector When E- commerce was introduced as an option to conventional trading, little did the business experts know that it would grow into the most preferred business transactional process in a span of just ten years. Today technology, market forces, customer satisfaction and ease of transactions are the factors which determine the success rate of a business enterprise. These factors, also known as Mega trends are driving changes in the retail sector and unless retailers recognize and restructure themselves to build a competitive edge in the present international market, they may be heading ...