Seminar paper from the year 2016 in the subject Business economics - Company formation, Business Plans, grade: 81%, University of South Wales, language: English, abstract: The paper aims to analyse the current situation of a fictive company and moreover to work out an adequate internationalisation strategy considering the following three key objectives: 1. Reduce labour costs by shifting the production- centre to a low-income country, 2. Enter new markets in countries with a low level of market satisfaction, 3. Enlarge the range and variety of products through a highly educated R&D-Team. After evaluating the business environment, three potential target countries for the internationalisation process are assessed. In a next step the strengths, weaknesses, opportunities and threats are lined out. Moreover a PEST-analysis is conducted to prepare for the location decision. Finally, the most adequate method is selected and a brief conclusion and recommendation are given.
Research Paper (undergraduate) from the year 2016 in the subject Business economics - Company formation, Business Plans, grade: 1, Uppsala University, language: English, abstract: Within a world of emerging global markets and rapid technological development, there is a strong demand for entrepreneurship within established companies in order to stay competitive. According to different studies, there is a positive linkage between Corporate Entrepreneurship (CE) and companies performance, which leads to a strong demand from organizations to foster their entrepreneurial culture. The recruitment and selection function within Human Resource Management (HRM) is an essential driver to attract, develop, and retain entrepreneurial people within corporations. The literature proposes that companies should match their selection criteria to the identified dimensions of Entrepreneurial Orientation (EO). However, there is a lack of research if companies have specific HRM practices to select and retain entrepreneurial people. By investigating the recruitment requirements and development possibilities of Swedish-based companies, this study contributes empirical knowledge to the topic of how companies deal with HRM and CE. This information improves the understanding in the Corporate Entrepreneurship literature.
An insightful and practical toolkit for managing organizational growth Growing Pains is the definitive guide to the life cycle of an organization, and the optimization strategies that make the organization stronger. Whether growth is rapid, slow, or not occurring at all, this book provides a host of solid tools and recommendations for putting everything in order. Now in its fifth edition, this invaluable guide has been fully updated to reflect the current economic climate, and includes new case studies and chapters discussing nonprofit life cycle tools, leadership challenges and the leadership molecule, and real-world applications of the frameworks presented. The latest empirical research is presented in the context of these ideas, including new data on strategic organizational development. Mini-cases that illustrate growth management issues have been added throughout, with additional coverage of international entrepreneurship and companies that provide a frame of reference for the perspective being developed. Growing pains are normal, and a valuable indicator of organizational health, but they indicate the need for new systems, processes, and structure to support the organizations size. This book provides a practical framework for managing the process, applicable to organizations of all sizes. Understand the key stages of growth and the challenges of each Measure your organizations growing pains and development Deploy new tools that facilitate positive organizational development Make the necessary transitions required to ensure sustainable success Some companies, even after brilliant beginnings, lose their way as growth throws them for a loop. Growing Pains identifies the underlying factors that promote long term success, and gives you a framework for successfully managing the transitions of growth.
Seminar paper from the year 2013 in the subject Business economics - Company formation, Business Plans, grade: Credit, Private School of Business and Social Studies, language: English, abstract: The business proposal provides an overview of the food & beverage concept of a Thai restaurant called VeriThai. Our business caters to a cross section of the customers deriving from the surrounding countries in Asia, as well as from faraway western countries. The concept of this restaurant offers modern contemporary Thai cuisine that draws on the cultural diversity of Thailand that is suitable to the palettes in Singapore. Our unique proposition is our clean, fresh and creative foods that are seasoned with herbs and spices of Thailand with ready to make dishes upon advanced notice. The food business in Singapore is a fairly huge market, serving a potential market of more than 5 million. The revenue for food and beverage in Singapore has been increasing to $8,317 million in 2013 and restaurants accounted for 40% of the industry and recorded the largest increase of 8.5%. This shows potential as more visitors are also expected to arrive in Singapore.
Career development is often neglected in family firms, yet it is essential to the continuous process of building leadership capacity for the future. A well-planned and effective career-development process enables individuals meet the strategic challenges of the future. This guide enables family businesses to shed their sink or swim attitudes and foster the development of highly skilled leaders for succeeding generations of success. AMY M. SCHUMAN Principal of the Family Business Consulting Group, Inc. and works with family businesses on leadership development, communication skills and team building. Amy was the founding facilitator of the Next Generation Leadership Institute, an intensive, two-year program for next generation family business leaders that is part of the Loyola University Chicago Family Business Center.
Research Paper (undergraduate) from the year 2017 in the subject Business economics - Company formation, Business Plans, University of South Wales (Faculty of Business and Society), language: English, abstract: I am currently running a computer manufacturing business, which produces own designed computers. My company is located, in my own house in the United Kingdom. I established the company as a hobby besides my employment at an international computer manufacturing company. However, with the beginning of the New Year, I decided to quit my job and become self-employed. To ensure success with my business, I have to create a structured approach for future business development. Within this paper, I will develop my strategy, as well as aims and objectives for the business development over the coming three years. To begin with, I will analyze the current business environment of the computer manufacturing industry with the PESTEL framework. In connection with the environmental analysis, I execute a market analysis and evaluate the current situation on the computer manufacturing market. Afterward, I execute an internal analysis, which results in strengths, weaknesses, opportunities and threats for the future business development. Based on these findings I deduct my new business strategy and define my product portfolio. In result objectives for the coming three years are defined.
Seminar paper from the year 2016 in the subject Business economics - Company formation, Business Plans, grade: 4.6/7, Damodaram Sanjivayya National Law University, course: B.A, LLB, language: English, abstract: The project at large will be dealing with the aspiration of the youth, the people who intend to build their startup and grow like the successful entrepreneurs. The term entrepreneurship comes from the French verb entreprendre and the German word unternehmen, both mean to undertake. Bygrave and Hofer in 1891 defined the entrepreneurial process as involving all the functions, activities, and actions associated with perceiving of opportunities and creation of organizations to pursue them. In simple, entrepreneurship is the act of being an entrepreneur, which can be defined as one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods (Santhi and Kumar) This paper draws together arguments, conclusions and insights generated by research to develop and test practical tools that could help development practitioners use sustainable livelihoods approaches in the particular context of enterprise development. The constraint of finance seems to be the primary reason, though there are several other constraints which seem to have been hidden by the seasoned politicians. The act of not reimbursing the small-scale industries sectors has demoralized the novice and the adept entrepreneurs in executing their plan.
This book examines the ways in which universities can play a crucial role in inclusive development, social innovation and social entrepreneurship. It aims to prove the importance of inclusive development and inclusive innovation on economic growth and demonstrate the ways in which universities can be pioneers in this area through initiatives in social responsibility and social innovation. For example, providing access to a university education without discrimination of race, gender, income status, or other factors would help to diminish the increasing income differentials currently being experienced in many countries, especially in the developing world. The research and studies included in this book provide insight into possible actions that can be taken by universities and public and private shareholders in inclusive development, social innovation, social entrepreneurship and overall regional economic and social development. Innovation is currently considered to be the most important and dynamic factor explaining growth and development. At the same time, the traditional view considering innovation as having to be commercialized at any price is being challenged. Lately, there has been growing interest in innovation in the public sector, particularly with respect to social innovations designed to reduce income inequality. To address these concepts, constant exchange of ideas and information between research groups became necessary. UniDev (Universities in Development - the Evolving Role of Academic Institutions in Innovation Systems and Development) is an international research group with researchers in twelve countries interested in the role of universities in development. This book features the results of research performed by eleven research groups from UniDev country communities, presenting in-depth and comparative case studies from universities around the world, including Latin America, Northern and Eastern Europe, and sub-Saharan Africa. This title will be of interest to students, academics, researchers, and policy makers interested in the role of universities in development, social innovation and social entrepreneurship. Claes Brundenius is Honorary Professor at the Lund School of Economics and Management, Lund University, Sweden, where he also received his PhD in Economic History. He is also Professor Extraordinaire at Tshwane University of Technology, South Africa, and Professorial Fellow at UNU-MERIT, Netherlands. He has been working at the OECD in Paris and has also worked as advisor in numerous projects and on international missions, including Brazil, Cuba, Chile, Vietnam, China, Taiwan, Russia, Nepal, Mozambique and South Africa. He has been Guest Professor at Pittsburgh University and Smith College, USA, and at the Vietnam National University. Between 1997 and 2003 he was Senior Research Fellow at the Centre for Development Research in Copenhagen. His current research is focusing how STI policies can play a role for inclusive development. He is a member of several international advisory groups and is serving as a referee for various international journals, including World Development, Science and Public Policy and the Journal of Latin American Studies. Bo Göransson is Associate Professor at the Department of Business Administration, School of Economics and Management, Lund University, Sweden. His research focuses on the role of science, technology and innovation in development and economic growth. As coordinator of the Network on the Evolving Role of Academic Institutions in Innovation Systems and Development (UniDev), he studies the changing demands for knowledge production in academic institutions and the role universities play in innovation systems and development. Present research projects include Innovation for whom? Universities as drivers of social innovation for equitable growth. José Manoel Carvalho de Mello is Visiting Professor of the Graduate Program in Production Engineering, Research Associate at the Center for Studies in Innovation, Knowledge and Work - NEICT, and advisor to the Innovation Agency, Federal Fluminense University. He is Founder Member of Triple Helix Association. Editorial Board Member of the International Journal of Technology Management and Sustainable Development and of the International Journal of Technology and Globalisation. He was Research Fellow at the Management Center, University of Bradford, England, 1974; Postdoctoral Fellow at the Centre Science, Technologie et
Strategic and operational issues are both critical to the management of SMEs. This textbook undertakes a scientific examination of broad topical areas including founding, business development, and ownership transfer, as well as operational implementation in the realms of marketing, human resources, communication, finance, taxes, law, and mediation. Edited by Patrick Haag and Patrick Rossmann (University of Bremen)
This book deals with the valuation of Internet start-ups after the burst of the dot-com bubble. The objective is to fill some of the existing gaps in order to contribute to the development of this field of study. Indeed, it is a relatively recent subject, and the research devoted to it, is still limited. The valuation of an Internet start-up does not only depend on ist stage of development, but also on five qualitative factors, namely the team, the business model, the market, the risk, and the exit options. In fact, venture capitalists base their valuation on the perceived growth potential of the company. Subsequently, this book addresses the issue of intangible assets. In fact, an Internet company derives most of ist value from the intellectual capital, the brand equity, and the website. The author analyses these intangible assets and their accounting treatment. The discounted cash flow valuation method is based on financial projections, and the relative valuation method. These factors are identified and examined in detail. Their analysis is crucial for it determines the valuation of an internet start-up.