“Women-and Minority-Owned Businesses Adapt to New Economy”
“Women-and Minority-Owned Businesses Adapt to New Economy” written by Yvette Armendariz was an article that I found in the archives of the Arizona Republic (October 6, 2002) via the internet. This article dealt with the readings from class over the past couple of weeks, especially dealing with women and Global Economy. As the title reads, women-owned businesses are adapting to the new economy, the economy after the New York September 11th attacks. This article is a year old, but I thought that it still had merit and was worth writing about.
In this article there are 4 companies mentioned. Two are owned by Caucasian women and the other two, by men
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Anderson Security is a security and insurance corporation created and built by a lady named Kim Anderson-Maggi. Her business profitability went through the roof after the attacks in New York 2 years ago and have only slightly slowed, but remain at a steady increase. Terri’s Consign and Design Furnishings is a great store I have actually shopped in. There are over 16 stores nationwide. The owner, Terri Bowersock, is highly involved in the business and employs wonderful marketing strategies such as direct-mail programs to recent home buyers, and radio advertising. Terri created this store because she had a hobby of interior decorating and wanted to make a career out of it.
These women did something that most women do not have the courage to do – they started up a business, in which they had a desire to work hard and wanted to achieve something more then they received at other jobs. In a movie that we watched in class there was a lady, a teacher of needlework. This lady held classes that taught embroidery and sewing, in order to give the girls a skill. This trade school for women taught them essential techniques in order to make a living or add to their husbands incomes to increase their impoverish lives.
These women, although they lived in a third world country, have the skill and gumption to go into business for themselves, and “be their own boss”. In the United States, more women have the ability
Women are advancing in the workplace both in volume and in numbers of higher positions, but are still not paid equally to men. For every dollar earned by men, Caucasian women earn 59 cents,
Even though it was easy for women to obtain jobs in the field of domestic work or laundresses, they faced heavier exploitation; considering, that with these jobs women often had no time to care for their families. Leading a life in extreme poverty, these women had no choice, but to search for other opportunities to keep their families, and themselves, alive. At some point African American women even had to sacrifice their prides, in order to earn breadline wages to survive.
Lesley Gillespie, the cofounder of Australia’s most successful bakery, Baker’s Delight, has shown many, if not all, of the traits required to be a successful entrepreneur, and is now on the BRW Rich Women 2015 list. In an equal partnership with husband Roger, her position as joint chief executive puts her on the list of a minority of business owned by women, especially in the 1980’s when Bakers Delight was opened. Though she has said that she has not faced many barriers to being a woman in business, apart from a few instances, a woman would likely not have made it to be so successful without focus, thinking of those around her, passion, self motivation and without being a hard worker, all of which are traits required to be an entrepreneur.
Jacqueline Novogratz has spent countless hours working on finding ways to help women in poverty create sustainable jobs. These women are from countries where they are the ones who are expected to stay home and take care of their families and do work around the house while their husbands are out working trying to make enough money to support their family. But in some cases, the husband has left his wife or he has passed away, leaving the wife to provide on her own. It is a struggle for women to make enough money for their family, and some nights the family will go hungry because not enough money was made to provide food. With the help of Novogratz and the companies that she worked for, women learned how to make enough money
Along with education, work for these women was tremendously different from the type of work women do today. As mentioned before, they were taught how to be
However, not only did women work in the fields they also produce goods, and services; such as clothing, personal hygiene items, and food to be sold in order to build -up their coffer’s through that of their overabundance of supplies. This impact took place during the 1700’s and beyond, when women from all aspects of life filled these domestic jobs while working for very little pay; getting absolutely nothing at all for their work. During the 1800’s, however, this all changed for women and soon these women we’re categorized as being unskilled workers this causing tremendous consequences for these women; especially when the men return for war and once again took on the gender roles to which women were now a custom too.
They seeked to work with men in various different trades, professions. and commerce [Document 7]. In addition to women changing the American industrial landscape, manufacturing revolutionized it. At the beginning of the time period, artisanship was mainly how people manufactured goods. They would use their skill from the comfort of their home, with their family [Document 5]. Rising out of innovation, however, was the birth of large manufacturing plants [Document 5]. This produced a cheaper, and faster way to manufacture products; at the expense of weaker, more limited and dependent workers [Document 2]. With this new work class coming to lead the American industrial system, it increased inequality between the worker, and the
al, 1996, p. 65). Minority women faced greater oppression, and were less likely to be hired. If they were lucky enough to find a job, it was usually low-ranking, part-time, and short-term, as employers eagerly replaced them with Caucasians, men or both (Frances et. al, 1996, pp. 69-70). Part-time work was very common, with 25% of female workers part-time in 1989 (Frances et. al, 1996, p. 66), displaying an employer’s reluctance to allow women employees. Even as more females entered the workforce despite resistance, they were still discriminated against due to the current powers in charge.
The Fifth Business by Robertson Davies is told in the form of a letter written by Ramsay on his retirement from teaching, “a character essential to the action but not a principal” that was affected by or had an effect on the other characters of the play. The life of Dunstan Ramsay is the backdrop and the thread connecting countless subplots and themes, but as his very evident passion for hagiology sets him out to discover the difference between materialism and spirituality, the actual importance of women is brought about in the novel by his interactions since childhood onwards and we see how these women mould, scar and
“Most girls were trained from childhood for the traditional roles of wife, mother, and housekeeper. They learned how to grind grain, how to cook and make beverages, especially beer, and how to spin and weave cloth for clothing. If a woman worked outside of her home, her job usually grew out of her household
Women entered their chosen occupation at the bottom of the business ladder. A very small number of them became entrepreneurs; it took determination, even though they were already part of the workforce. The ones who did strive to become entrepreneurs were known as ‘go-getters’ (White, 104). ‘Go-getters’ were hard-working women who wanted a significant role in American society. Some of these women had a problem with being segregated from men in the workplace. Certain fields were then classified as a male, female, or a neutral occupation. The majority of successful women entered what could be described as neutral or predominantly female careers (White, 51). Most of the successful women had professional and vocational qualifications, having studied business administration. (See Appendix A). Women were then expected to enter one of these fields, if they were to pursue any career at
True womanhood created an ideology that was very beneficial to the textile industry (Hapke, 2001) as it was based strictly on a profit driven management system, which viewed its workers as factory hands rather than domestic workers. Lowell Mills was a company that used this ideology to it’s full potential. The making of a product was broken down into specific categories so that each person had a specific task and repeated that task over and over and over again. Instead of one person making a product from start to finish, each person was given one task to perform repeatedly. For example one person would be spinning the yarn while the next worker would be weaving cloths (Hapke, 2001). This would increase productivity so that products could be manufactured at a more efficient rate that would generate more profit.
In many developing countries globalization has brought masses of wealth to the elite at the expense of the poor. Consequently, many women of the poorer classes leave their homeland in search of opportunities for employment. These women are disproportionately affected by
The business world today is competitive. It's full of fierce, educated, and motivated people. For some people it's tough to rise to the top and for some people it comes much easier. It's not always about hard work! One might ask for a map to the yellow brick road, but few people are ever provided with it. Most people are stuck in an ocean making calculated guesses as to how they can reach land. Which route is the best? How much school is enough? How many certificates of accreditation is enough? How much work experience is enough? All of us ask these questions attempting to navigate our ships in a competitive world were only a few individuals ever get to their targeted career position. How many of those in leadership positions are women?
This paper examines managerial economics and practices of women-owned small business (WOSB) firm that is located in the Washington Metropolitan Area that I was previously employed. It provides brief description of the firm’s organizational structure; discusses some agency problems and how those problems might be controlled; describes the job dimensions with an eye towards improvement designs; and describes the firm’s compensation packet for executives and employees. Finally, the name of the firm will not be identified, however, a fictive name will be used and the company will be identified as Company X for narrative purposes.