I work for a multinational company as an international business development consultant. Ms. Jenny Chang, who is the CEO of a Singapore based company, appointed me as a consultant to prepare a report for a new project of her company. Her company developed a new innovative CAD system for designing and weaving wool carpets that can improve the design and manufacturing efficiency significantly. The CEO wants to expand their business in Pakistan. I have following three choices to prepare a recommendation report.
(i) Export to Pakistan from the manufacturing plant in Singapore,
(ii) License a Pakistani firm to manufacture and market the computer system in Pakistan and elsewhere.
(iii) Set up a wholly owned subsidiary in Pakistan.
First option export to Pakistan from the manufacturing plant in Singapore could have drawbacks of transportation cost, trade barriers, tariffs, and market size of Pakistan. Sometimes the transportation cost is too high which makes it impractical to export some products. (Daniels, 2015, p.577). Although many governments are reducing import barriers, but still restricting some imports from other countries. Also, the market size of the country and the scale of technology used in production impose barriers to export. (Daniels, 2015, p.578). Pakistan is developing its modern transport sector speedily. Karachi Port in Pakistan is the trading hub, about 98% major international trade is conducted through this sea port. I think this would be the best and
With the introduction of electronic media and internet in Pakistan, the common man, unable to travel around the globe, gained access to the world outside Pakistan.
This article states what challenges do Small and Medium Enterprise (SME) face in the working capital management.
Services sector has emerged as a prominent sector among others in terms of its contribution to the nation’s income, revenue, level of employment, flow of trade crossing borders, foreign direct investment, etc. To achieve the fourth millennium development goal poverty reduction and access to basic services like education, water & health care [1], both educational as well as health care services have become crucial to a nation’s development. LPG era has led the services consumers to consume services of international standard. One among the more vital area of service sector is health care services. It is highly essential to have congruence of services provided and the expectations of the patients. It is comprehensive that quality is assured when the customer perceptions and expectations are met.
An entrepreneur is someone who starts a new company to produce a product or service. An entrepreneur is usually a risk taker and an opportunist. Entrepreneurship is a positive change in our society. Entrepreneurship is combined with land, labour, resources and capital in order to make a profit.
Entrepreneurship and small businesses is the foundation and driving force of America’s success. Apple, Amazon, Google, and Wal-Mart (just to name a few) all started as small businesses. Small businesses make up: 99.7 percent of U.S. employer firms, 64 percent of net new private-sector jobs, 49.2 percent of private-sector employment, 42.9 percent of private-sector payroll, 46 percent of private-sector output, 43 percent of high-tech employment, 8 percent of firms exporting goods, and 33 percent of exporting value. It’s essential that small businesses continue to flourish if we are going succeed as a nation.
Going to school on campus typically means the student attends a classroom with an instructor. The student is in a classroom setting, and the instructor teaches the information. The student has the opportunity to be engaged with the instructor’s lesson. Campus learning requires that the student has set days, and time to attend class. A school campus usually has a library, classrooms, student centers, and parking lot settings. Going to school online is where the student is studying a major and doesn’t have to go to an actual campus. Online learning has the assistance of the internet and a computer. It is geared for students who have other commitments such as work, kids, or other obligations. Online learning requires the student to respond to the instructor by a certain deadline. It also requires the students to interact with their other classmates. Online learning requires students to sign into a website and get assignments completed by the required deadline. The online school usually sends the textbooks out for the student study material instead of you going to the bookstore to purchase them. Attending school on a campus is more beneficial than attending school online.
As previously stated, it is difficult to pinpoint a competitive advantage due to of the hyper competitive environment. Our strengths of the program are matched or exceeded by competitors. The areas we could potentially capitalize on are our academic rigor, our passionate staff in Southeast Online and the nursing department who provide excellent customer service, and the prevalence of nursing courses being taught by tenure track faculty. However, we aren’t the only program that has passionate staff, that teaches using tenured faculty, and are academically rigorous. The only way to provide leverage is if we are able to be the best in one of these area’s compared to our top regional competitors due to of the preference to attend within 100 miles from home. With all of our weaknesses and strengths identified, and considering that our students ranked helpfulness of staff higher than quality of the program, customer intimacy is our best chance of differentiating ourselves.
It is pertinent to mention here that we are officially designated agent for Pakistan for the companies you going to deal with to ensure security and safety of your
Competitive advantage is really a position that the company makes return upon its investment that is higher than the price of the expense. Competitive advantage ought to be relevant, distinctive, and environmentally friendly. The word competitive advantage may be the ability acquired through characteristics and resources to do at a greater level compared to others within the same business or marketplace. It is essential mostly simply because that aggressive advantage can make sure that a organization earns extra returns for a longer time of period. Almost just about all businesses need to face rigid competition using their business competition in almost any market these days. Having a benefit over them is not enough to ensure the organization
A. You are the supervisor of an eight-person procurement office for a manufacturing company. You need to hire a mid-level employee to work purchasing and contracting actions for the company. What procurement- and supply management-related knowledge, skills, and abilities would you look for in someone applying for this mid-level position, and why?
The bond you likely have with the family or friend is typically higher than the one you have with a bank or lender.
The article I chose was published in the International Journal of Business and Management. This article focused was based on how companies gained competitive advantaged and how strategic information systems help companies create and sustain competitive advantages. To create a basis this article first described why companies wanted to develop an information system. This article described the three general types of information systems as financial, operational, and strategic information systems. The author went in to little detail about each but focused more on the strategic information system. After going into detail about the strategic information system the authors described how companies should concentrate on information systems to
For Lewis (2001), a business model means “all it really meant was how you planned to make money” (Lewis, 2001, p. 254). This definition reiterates in simple words the previous “theory of business” by Peter Drucker (1994) who described the term business model as a set of suppositions about what a business will and will not do to get paid for. These suppositions are about the market and external environment, customers, competitors, technology and the company’s strengths and weaknesses (Drucker, 1994). These explanations are very close to the famous definition of strategy by Michael Porter which is the formation of a unique and valuable position by linking different set of the company’s activities (Porter, 1996; Ovans, 2015). In online business, the business
Company has many advantages and disadvantages. One of the greatest advantages is limited liability whereby the shareholders only risk whatever amount they invested to the business and does not risk their personal possession in case if the business fails. Unlike sole proprietor and partnership are each liable for all the debts of the business (unlimited liability). For example, if the asset of the sole proprietor and partnership cannot settle the debt, the creditor can go after their personal asset (i.e house, bank account etc). On the other hand, the shareholder, investor or partner are not liable if the company runs out of funds.
Now of days we are beginning to experience natural disasters, from the category five hurricane in Texas to major earth quakes in New Mexico. The way that things are looking now I believe we will experience these situations more and more throughout the years. Most people have electronic devices but do not know the basics on how to protect their devices from power surges, power outages and other electrical variations. In the following paragraphs I will give you tips and information on how to protect your computers and devices from power outages. This information will be helpful for people who are on budgets but still want something that will actually work and others who are not on budget and want top quality ways to protect their devices from power outages and other electronic devices.