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.
Your own in-house legal advisor-at a fraction of the cost Written in plain-English for business people without any legal training, Law For Small Business For Dummies covers everything you need to be aware of regarding the law when youre starting and running your own business. Cutting through the jargon that can make even the pros scratch their heads, this book quickly gets you up-to-speed on the key areas of business law, including contracts, websites, intellectual property, data protection and partnership agreements. Plus, youll find out how small business law applies to advertising and marketing, confidentiality agreements, the sale and supply of goods (including e-commerce), negligence and product liability. There were 526,000 new businesses registered in the UK in 2013-and, at some point, all of them will be faced with legal risks that could make the difference between success and failure. One claim could wipe out a fledgling business profits, and hit even big businesses harder than they could ever imagine. If youre the owner of a new business and need to get a handle on the ins and outs of small business law-and dont have the budget to employ an in-house legal advisor-this trusted, approachable guide is your answer. Covers the laws surrounding the most common risks small businesses face Addresses how to deal with legal issues before a potentially costly dispute arises Provides access to handy sample contract templates on Dummies.com Serves as your own in-house legal advisor-at a fraction of the cost If youre an existing business owner or an aspiring entrepreneur thinking about starting your own business, Law For Small Business For Dummies gives you answers to questions you didnt even know to ask!
ENTREPRENEUR IS NOT A JOB, IT IS AN IDENTITY Do you feel... ...that you have a great business but are struggling to thrive? ...that the world is on your shoulders? ...that you are energized and overwhelmed at the same time? ...that no one understands or cares as much as you do? In The Lonely Entrepreneur, author and entrepreneur Michael Dermer shows you how to thrive in the entrepreneurial struggle by changing your perspective. WHAT TOOK A DECADE TO BUILD WAS DESTROYED IN TEN DAYS! Michael faced the perfect storm of struggles when the business he spent ten years building was almost wiped out in ten days by the financial crisis of 2008. Bankrupt customers. Enraged investors. Angry creditors. It would take years of working 24 hours a day to save his company. How did he do it? THE DIFFERENCE BETWEEN SUCCESS AND FAILURE IS YOUR PERSPECTIVE Michael changed his perspective. He realized that with the right perspective, solutions were everywhere. With the wrong perspective, the simplest of tasks seemed impossible. Not only did Michael successfully sell his company and become an industry pioneer, he discovered a methodology that helps all entrepreneurs with the issue we all face-the struggle. In The Lonely Entrepreneur you will learn how to: •Identify the flawed perspectives you develop under the influence of the four Ps-pressure, passion, pleasure, and pain. •Change your perspective from those that stifle progress to those that empower you to thrive.
This book explores the historical and economic development of South Korea, its culture, as well as the benefits, opportunities and challenges that German companies have faced in their cooperation with South Korean enterprises. More specifically, it juxtaposes economic-miracle markets such as Japan and West Germany, which rose from the ashes after the Second World War with the help of a century of bustling industrial age, with South Korea, which developed from virtually nothing. The book also addresses why South Koreas history, geography, society, culture and economic capabilities remain widely unknown and unnoticed among westerners, despite South Korean companies being among the global market leaders in a number of industries, particularly in the automobile and hardware segments. Written from the point of view of a seasoned business expert on the country, Economic Miracle Market South Korea is essential reading for business and economics research academics looking to improve their knowledge of this relatively unknown success story, as well as for practitioners in industry looking to optimize their dealings with South Korean business partners. Professor Emeritus Dieter Schneidewind is regarded as a seasoned expert on East and Southeast Asia. He gained prominent management experience through his 20 years on the management board, as well as many more years as a member of the supervisory board, at Wella AG. During his business career he set up 15 daughter companies throughout Asia, including Japan, South Korea, and the Peoples Republic of China. In 1979 he was appointed Assistant Professor for Business and Society of East Asia at the Ruhr-University Bochum, Germany, a position he managed for 20 years. For a period afterwards he taught International Marketing and Management at the University of Giessen in Germany. He also had teaching positions at the University of Duisburg (Duisburg, Germany), INSEAD (Fontainebleau, France), the WHU School of Business (Koblenz, Germany), The Technical University of Dresden (Dresden, Germany), the University of Marburg (Marburg, Germany), and the ETH Zurich (Zurich, Switzerland).
Healthy growth is critical to the future of any business - too many rash decisions can lead to the demise of a family business. Author Jennifer Pendergast provides readers with practical knowledge to help determine whether to grow, what type of growth is healthy and sustainable and what the future potential is for any business. JENNIFER M. PENDERGAST, Ph.D Senior Associate of The Family Business Consulting Group, Inc. She specializes in strategic planning, family and business governance, family office structure, and facilitation. Jennifer is an experienced management consultant with an extensive background in the many strategic challenges faced by family firms serving a broad range of clients, ranging from startup to Fortune 500 companies, in both for-profit and non-profit arenas. With a Ph.D. in strategy, Pendergast has taught at Emory Universitys Goizueta Business School, Georgia Tech and The Wharton Business School. Her teaching experience spans undergraduate, MBA and executive level programs.
This volume of selected articles was released in light of the new economic, social and environmental challenges Europe and the United States have been faced with following the end of the Cold War and in the evolving era of globalization. National security, immigration, and the provision of health and other key social services call for a radically different outlook in terms of policy discussions. The contributors of this book focus on seven key policy issues and challenges that currently affect the United States and Europe: income distribution, the gender pay gap, crime and security, unemployment, health care, the demographic question, and environmental regulation. The purpose of this volume is to analyze how public policy within the European context is responding to the challenges posed by this new global era. David B. Audretsch is a Distinguished Professor and Ameritech Chair of Economic Development at Indiana University, where he is also serves as Director of the Institute for Development Strategies. He is an Honorary Professor of Industrial Economics and Entrepreneurship at the WHU-Otto Beisheim School of Management in Germany. In addition, he serves as a Visiting Professor at the King Saud University in Saudi Arabia, Honorary Professor at the Friedrich Schiller University of Jena in Germany, and is a Research Fellow of the Centre for Economic Policy Research in London. Audretschs research has focused on the links between entrepreneurship, government policy, innovation, economic development and global competitiveness. His research has been published in over 100 scholarly articles in leading academic journals. He is co-founder and co-editor of Small Business Economics. In 2008, he received an honorary doctorate degree from the University of Augsburg, and in September, 2010 he received an honorary doctorate degree from Jonkoeping University. Erik E. Lehmann is a Full Professor of Management and Organization at Augsburg University, Germany and Director of the Program Global Business Management (GBM). Together with Silvio Vismara he directs the CISAlpino Institute for Comparative Studies in Europe (CCSE). He serves as an associate editor of Small Business Economics: An Entrepreneurial Journal. His research has been published in leading academic journals such as European Finance Review (Review of Finance), Research Policy, Entrepreneurship Theory and Practice, Journal of Economic Behavior and Organization, Small Business Economics, Journal of Small Business Management, Review of Accounting and Finance and Journal of Technology Transfer. His most recent books include Entrepreneurship and Economic Growth by Oxford University Press in 2006, Technology Transfer in a Global Economy by Springer in 2013 and Corporate Governance in Small and Medium Sized Firms with Edward Elgar in 2011. Aileen Richardson is a graduate of Indiana University with a B.A in Political Science and Economics. She is currently a graduate student at Indiana University and Augsburg University under the supervision of Professor Dr. Erik Lehmann and Dr. David Audretsch. She is also a Research Fellow at Indiana Universitys Institute for Development Strategies. Silvio Vismara (PhD) is an Associate Professor of Entrepreneurial Finance at the University of Bergamo, Italy. Together with Erik Lehmann, he directs the CISAlpino Institute for Comparative Studies in Europe (CCSE), a joint initiative with the University of Augsburg, in Germany. Silvio is associate editor of Small Business Economics, member oft he editorial review board of Entrepreneurship Theory and Practice and of Journal of Industrial and Business Economics. He is author of articles in journals such as Entrepreneurship Theory and Practice, Financial Management, Journal of Banking & Finance, Journal of Financial Markets, Corporate Governance An International Review, European Financial Management and Journal of Technology Transfer. His most recent books are Newcits - Investing in UCITS Compliant Hedge Funds and Handbook of Research on IPOs. He is scientific consultant for the Italian Stock Exchange and founder of Universoft, a spin-off from the University of Bergamo.
This book is a monograph of cultural economics of a new concept, artist-enterprises. It explores various dimensions that artists embody, i.e., aesthetic, critical, messianic, and economic ones, and screens the multiple challenges faced by the artist-enterprises in terms of pricing, funding, and networking in the Digital Age. It shows how these artist-enterprises are at the core of the contemporary creative industries. Even when they are on their own, artists have to demonstrate or manage a variety of skills, sign contracts both in the early and later stages of their activities, and also maintain relationships and networks that enable them to attain their artistic and economic goals. They are no longer simply entrepreneurs managing their own skills but are the enterprises themselves. The artist-enterprises thus find themselves at the confluence of two dynamics of production-artistic and economic: artistic because they invent new expressions and meanings; and economic because these expressions must be supported by monetary values on the market. The artistic dynamic is part of a long process of artistic enhancement and only an artist can say whether it has reached the point of presentation or equilibrium. The economic dynamic is dependent on the constant endorsement of artists works by the market to ensure their survival as artist-enterprises. The tension created by this disparity is further aggravated by another tension: the need to overcome a number of risks so that artist-enterprises can progress. This book will be of special interest to artists, managers, students, professionals, and researchers in the fields of the arts, creativity, economics, and development. The author is Emeritus Professor at the University Paris I Panthéon-Sorbonne.
This book presents initiatives that were launched or are currently being pursued in the name of CSR, and showcases how different dimensions of CSR, sustainability, ethics and governance can help to solve global challenges. Contributions by international experts from Australia to Bangladesh and from Nigeria to Spain address current issues in their respective country, such as challenges faced by nations, initiatives launched in the name of CSR, and attempts on the part of small and medium sized enterprises to promote CSR initiatives. This volume provides readers with in-depth insights into CSR and important initiatives around the globe intended to encourage more responsible behavior. Samuel O Idowu is a senior lecturer in Accounting and Corporate Social Responsibility at the London Guildhall Schools of Business and Law, London Metropolitan University where he was course organizer for Accounting Joint degrees, Course Leader/Personal Academic Adviser (PAA) for students taking Accounting Major/Minor and Accounting Joint degrees and currently Course Leader for Accounting and Banking degree. Samuel is a Professor of CSR and Sustainability at Nanjing University of Finance & Economics, China. He is a fellow member of the Institute of Chartered Secretaries and Administrators, a fellow of the Royal Society of Arts, a Liveryman of the Worshipful Company of Chartered Secretaries & Administrators and a named freeman of the City of London. Samuel has published about fifty or articles in both professional and academic journals and contributed chapters in edited books and is the Editor-in-Chief of two major global reference books by Springer - the Encyclopedia of Corporate Social Responsibility (ECSR) and the Dictionary of Corporate Social Responsibility (DCSR) and he is a Series Editor for Springers books on CSR, Sustainability, Ethics and Governance. Samuel has been in academia for 27 years winning one of the Highly Commended Awards of Emerald Literati Network Awards for Excellence both in 2008 and 2014. In 2010, one of his edited books was placed in 18 th position out of forty top Sustainability books by Cambridge University Programme for Sustainability Leadership. He has examined for the following professional bodies: the Chartered Institute of Bankers (CIB) and the Chartered Institute of Marketing (CIM) and has marked examination papers for the Association of Chartered Certified Accountants (ACCA). His teaching career started in November 1987 at Merton College, Morden, Surrey; he was a Lecturer/Senior Lecturer at North East Surrey College of Technology (Nescot) for thirteen years where he was the Course Leader for BA (Hons) Business Studies, ACCA and CIMA courses. He has also held visiting lectureship posts at Croydon College and Kingston University both in the county of Surrey, England. He was a senior lecturer at London Guildhall University prior to its merger with the University of North London; when London Metropolitan University was created in August 2002. Samuel has served as an external examiner to a number of UK Universities including the University of Sunderland, the University of Ulster, Belfast and Coleraine, Northern Ireland and Anglia Ruskin University, Chelmsford. He is currently an External Examiner at the University of Plymouth, The Robert Gordon University, Aberdeen, Scotland and Teesside University, Middlesbrough, UK. He was also the Treasurer and a Trustee of Age Concern , Hackney, East London from January 2008 to September 2011. He is a member of the Committee of the Corporate Governance Special Interest Group, of the British Academy of Management (BAM). Samuel is on the Editorial Advisory Board of the Management of Environmental Quality Journal, International Journal of Business Administration and Amfiteatru Economic Journal. He has been researching in the field of CSR since 1983 and has attended and presented papers at several national and international conferences and workshops on CSR and has made a number of keynote speeches at international conferences.