Friday, February 28, 2020

Governing Business Activity Essay Example | Topics and Well Written Essays - 1500 words - 1

Governing Business Activity - Essay Example Some argue that small businesses cannot exist without the help of big companies. Some others argue that small businesses can exist without any support from the big businesses. This essay makes an analysis of the given statement. For the purpose of arriving at a conclusion the given issues are concerned in detail. The main body of the essay will begin with an explanation of what a small business is. Further, an analysis is done about small businesses in terms of the range of industries where they operate. The next part will enumerate the extent of dependence of small businesses on the bigger ones. By detailed analysis of all these information in the main body, a conclusion is arrived at about the given topic. Small Business: There are several definitions for a small business. Small business is defined on the basis of ownership, nature of business and also the type of business that it performs. Some definitions state that small business is a privately owned business that operates in a very small market area. A small business contains relatively small number of employees. The sales volume of the business is usually small compared to that of the bigger counterparts. The mandatory requirements for a small business to be classified them as so, differs from one country to the other. The capital requirements for a small business in India will be completely different from that of China. Similarly, the employee requirements for a small business in US will be different from that of in US. Factors like quantum of sales, profit for a year, ownership, etc are other factors that define a small business. Small business contribute a large extend to the economy of a country. In some countries small busin esses are backbones of the economy. Small businesses are always found in close association with entrepreneurship for the very reason that many aspiring entrepreneurs begin their business as a small enterprise. What it means is that a small

Wednesday, February 12, 2020

Foreign Market Entry Dissertation Example | Topics and Well Written Essays - 3250 words

Foreign Market Entry - Dissertation Example Bhorat, Lundall, and Rospabe (2002) provide that South Africa has a diverse constituency within her borders, the movement from oppression based political power to that of a free democracy has provided a number of opportunities and development within the country. Additionally this has arguably laid the platform for focus upon growth for the economy in South Africa, which has in turn been successfully implemented via the new regime and visa â€Å"orthodox economic management† which has lead to the fact that South Africa is seen as an emerging economy by international investors, based upon their foreign exchange policies, monetary policies and more importantly according to the authors, their trade policies (pp. 2-3). It is amongst these issues that make South Africa arguably more attractive to invest in and target a specifically defined demographic within the marketing, branding, and sales of the Kofola product. Specifically in terms of the economics and demographics of the country of South Africa, Robbins (2009) provides that the country is â€Å"classified as an upper-middle income country†, however the past of the country, being that of Apartheid and oppression rule has resulted in a significantly skewed proportion of wealth within the country itself, hence the preceding mention of the country’s history with respect to politics. This â€Å"skewed† income distribution translates to â€Å"approximately 3 million households† living in poverty (p. 35). However the concentration of wealth remains largely within the areas of the country that are seen as â€Å"population concentrated†, and not so much in the rural areas, where it is said that such poverty is more prevalent (Tait & HSRC 1996). To this end, the following figures have been obtained for representation and determination of the key focus areas within South Africa, in terms of targeting with respect t o this product and marketing plan. Figures represented here are South Africa’s â€Å"Mid-Year Population Estimates: 2010† as provided by the official Statistics Authority in South Africa (Robbins).