Contribution Of Entrepreneurs And New Zealand Business Environment Essay

Bygrave, W.D. & Zacharakis, A. (2014). Entrepreneurship, 3rd ed. Hoboken, NJ: John Wiley & Sons, Inc. ISBN: 978-1-118-58289-3

New Zealand is occasionally described as a country of immigrants mainly for the reason that most of the people who are living here came from a different place. (Jones, 2008; US Fed News Service, 2008). Migrating to a different country is already a challenge, starting a business and managing people in diverse cultures would be much more. It is everyone’s dream to be an entrepreneur. Success stories like Bill Gallagher in the 1930s where he got an idea from watching his horse scratching itself from the family car and thus becoming the foundation of Gallagher Power Fencing Company are always in our minds. The vision is to have the perfect business but in order to

     The belief and implementation of free markets and pro-business policies have allowed the American nation to become the strongest country in the world. The entrepreneur is a special type of business person that is hurt by the livable wage. Our nation’s economy is diverse and adaptable because entrepreneurs are always willing to take risks to make money and stay competitive. Entrepreneurs act as the catalysts for the American economy. They take the capital risks to create new products,

In his book, “The Entrepreneurial Imperative”, author Carl Schramm discusses how the transformation of our economy to an entrepreneurial one has taken place over the last thirty years, and what must be done to sustain the advantages that this economy has given our nation in the years to come.

The role of entrepreneurship in the economy of a country is to inspire new business ventures that support wealth

An entrepreneur is “a person who organizes and manages a business with considerable initiative and risk”. In other definitions an entrepreneur “identifies an opportunity or a gap in a market and evaluates the risk related to the establishment of the business and is prepared to take the associated risk to start the business in the quest for making profit; and has the ability to obtain the resources to establish and grow a business”. Entrepreneurship exceedingly relies on entrepreneurs to start-up, develop and produce companies across the use of their

Nearly a third of all unemployment in New Zealand affects youth (Youth Labour Market, 2013), where in 2015 where unemployment in 15-24 year olds reached 15.33% (Youth Unemployment, 2015). Unemployment in low socio economic youth is a major problem in New Zealand; those out of a job in 15 to 19 year olds has reached 28.7% in those of Maori ethnicity and 31.7% of Pacific Island compared to 13.4% of Europeans (Gaps between ethnic, 2000). These stats proving that there is a major income gap and that in New Zealand there is a

due to the fact that do not have the manufacturing, marketing or financing capabilities, but consumers who chose to find a ‘better’ alternative to Mountain Dew are less likely to switch back to the brand to fulfil wants and needs, as Six-Barrel products make a satisfactory substitute for traditional carbonated drinks. See the summarised strengths and weaknesses of this minor competitor below.

CAP5802 will be delivered as a combination of lecture and discussion. The instructor demands active participation from the class members.

A comprehensive approach to promoting entrepreneurship must work on three levels-individuals, firm and society. To motivate individuals to become entrepreneurs, they should be made aware of the concept of entrepreneurship and this should be made sufficiently attractive option. They should be equipped with the right skills to turn ambitions into successful ventures. For entrepreneurial ventures to develop

The current level of unemployment in New Zealand is particularly in the younger age groups, both low and high educated means that there is a large pool

As many know, Apple Inc. is a company, which is located in California, its headquarters, and is a multinational technology company. Apple Inc. designs, sells, and develops computer software, online services, and consumer electronics. Not embracing advancements in technology, unethical business practices and competition are all parts of challenges in the business environment (Lawrence & Weber, 2014). Apple’s supplier code of conduct is about making sure that their suppliers are accountable to the strict standards that are held by the company. In 1977, Apple Inc. was founded and as of today, the company has offered a variety of products on a continuous basis, which meets customers’ demands around the globe. This company not only sells and produces cellphones or computer software; they distribute around the world, consumer electronic products. Apple Inc. continues to increase the value of its shareholders and they continue to develop and or create new products. Apple Inc. is a company that is also a functioning business organization that is thriving in economies nationwide. Apple Inc. is a company that continues to be number one on the minds of all its customers, by keeping them happy and satisfied (Farfan, 2016).

Trinity Industries, Inc. is a diversified industrial company that owns market-leading businesses providing products and services to the energy, transportation, chemical, and construction sectors. This company’s competitor industry is railroads which compare railroads industry companies in the NASDAQ. And the company contains many business groups, including rail, construction products, inland barge, energy equipment, rail car leasing and management services and so on. The company is committed to bringing the superior products and service to its customers through talent workers and the depth of their operational capabilities.

Legal implications or regulations that may impact the business such as GST, Resource consents, etc.

According to the Statistics NZ (2017b), the unemployment rate in New Zealand is 4.9% in March 2017. Another research by the Statistic NZ shows that two common reason for leaving their jobs is retirement and family