If Santosh decides to expand Dragon Karate Sports to a Caribbean country (Please identify one) Discuss three (3) ways in which the business can make a substantial contribution to the country's growth and development under the following headings: Job Creation Economic Gowth Community Development Please offer details about the country in the discussion.   Mr. Santosh Kshirsagar- Dragon Karate Sports Santosh Kshirsagar, age 20 is not waiting to complete his graduation, to apply the theories he has  learned in his classes to the real world. In the summer of the year 2016 the soon-to-be third year  BCA student at BVDUIMK launched his own karate academy! Life has many ups and downs; many struggles and one need to stand strong to reach success.  Santosh as a child never knew what father’s love was; his father never paid any attention towards  the family, always drunk and created fights when in his senses. Santosh’s brother Amit was 10 years older than him; his mother struggled hard by stitching clothes to raise her kids and make  ends meet. Amit from a very tender age of 13 did part-time jobs to help his mom in earning.  Santosh was 4 years old when he lost his father. The family’s struggle in life continued and Amit  did a lot of hard work to raise Santosh and give him a good future. He loved him not as a brother  but as his son and never made Santosh feel the emptiness of not having a father. After graduation  Amit was given a job in his father’s post and gradually all things started falling in place, now  they moved to a two-room house made of mud. Santosh had also finished his 12th standard by  now, he knew the sacrifice of his mother and brother, and he realized that now he should also join hands in supporting his family. Santosh’s Entrepreneurial Journey  When Amit used to go to college, in the ground next to his college there was a karate academy  by the name of ‘Dragon Karate Sports’, Santosh was just 6 years old then, impressed by the sport  and had joined the classes, later he also started training his juniors in the class, this was in the  year 2008 when he was in standard eighth. Santosh secured a black belt when he was in second year BCA. Life took a turn, when his Sir (coach) advised him to start a Karate class in Kolhapur under the banner of their academy  ‘Dragon Karate Sports’. His prestart up activities began; location, funding and other  infrastructure requirements needed to be assembled and raised. This was not easy, Santosh decided to go to schools and colleges in the nearby area and canvass about his class and also do  advertising, by putting small ads in the newspaper. The cost of advertising was also not  affordable to Santosh as the paper distributor charged 15 Rs for small adds in 100 newspapers  and he had planned for 5000 such adds. Santosh’s classmates were with him on his entire  journey, and they all decided to insert the ads themselves in the newspaper so that they could  save some money. He also got 10 big advertising flex boards printed. He spent in all Rs 10,000/- which was given to him by his brother Amit. His close friends and his college teacher Prof  Gunjan Behl were by his side throughout his initial struggle and were constant sources of  inspiration and guidance for him. There was a positive turn in this journey as the phone started ringing and enquiries dropped in.  The day of inauguration was dawned, Santosh was awarded the black belt at the inauguration of  his training centre on July 13th, 2015. Initially there were only 20 students at his training centre  and the fee structure was Rs 300/- as the registration fees which would be paid to his sir and Rs  200/-per month as the class fee which would be kept by Santosh. His dedication yielded fruit and gradually enrolment increased at the training centre. Today Santosh has 3 batches running, two in the morning; 6.00 pm-7.00 pm and 7.00 am to 8.00am and the third in the evening 7.00 pm and 8.00 pm. Now there are in total 60 students getting trained in his Academy.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

 

If Santosh decides to expand Dragon Karate Sports to a Caribbean country (Please identify one)

Discuss three (3) ways in which the business can make a substantial contribution to the country's growth and development under the following headings:

  • Job Creation
  • Economic Gowth
  • Community Development

Please offer details about the country in the discussion.

 

Mr. Santosh Kshirsagar- Dragon Karate Sports

Santosh Kshirsagar, age 20 is not waiting to complete his graduation, to apply the theories he has 
learned in his classes to the real world. In the summer of the year 2016 the soon-to-be third year 
BCA student at BVDUIMK launched his own karate academy!

Life has many ups and downs; many struggles and one need to stand strong to reach success. 
Santosh as a child never knew what father’s love was; his father never paid any attention towards 
the family, always drunk and created fights when in his senses. Santosh’s brother Amit was 10
years older than him; his mother struggled hard by stitching clothes to raise her kids and make 
ends meet. Amit from a very tender age of 13 did part-time jobs to help his mom in earning. 
Santosh was 4 years old when he lost his father. The family’s struggle in life continued and Amit 
did a lot of hard work to raise Santosh and give him a good future. He loved him not as a brother 
but as his son and never made Santosh feel the emptiness of not having a father. After graduation 
Amit was given a job in his father’s post and gradually all things started falling in place, now 
they moved to a two-room house made of mud. Santosh had also finished his 12th standard by 
now, he knew the sacrifice of his mother and brother, and he realized that now he should also
join hands in supporting his family.

Santosh’s Entrepreneurial Journey 

When Amit used to go to college, in the ground next to his college there was a karate academy 
by the name of ‘Dragon Karate Sports’, Santosh was just 6 years old then, impressed by the sport 
and had joined the classes, later he also started training his juniors in the class, this was in the 
year 2008 when he was in standard eighth.

Santosh secured a black belt when he was in second year BCA. Life took a turn, when his Sir
(coach) advised him to start a Karate class in Kolhapur under the banner of their academy 
‘Dragon Karate Sports’. His prestart up activities began; location, funding and other 
infrastructure requirements needed to be assembled and raised. This was not easy, Santosh
decided to go to schools and colleges in the nearby area and canvass about his class and also do 
advertising, by putting small ads in the newspaper. The cost of advertising was also not 
affordable to Santosh as the paper distributor charged 15 Rs for small adds in 100 newspapers 
and he had planned for 5000 such adds. Santosh’s classmates were with him on his entire 
journey, and they all decided to insert the ads themselves in the newspaper so that they could 
save some money. He also got 10 big advertising flex boards printed. He spent in all Rs 10,000/-
which was given to him by his brother Amit. His close friends and his college teacher Prof 
Gunjan Behl were by his side throughout his initial struggle and were constant sources of 
inspiration and guidance for him.

There was a positive turn in this journey as the phone started ringing and enquiries dropped in. 
The day of inauguration was dawned, Santosh was awarded the black belt at the inauguration of 
his training centre on July 13th, 2015. Initially there were only 20 students at his training centre 
and the fee structure was Rs 300/- as the registration fees which would be paid to his sir and Rs 
200/-per month as the class fee which would be kept by Santosh. His dedication yielded fruit and gradually enrolment increased at the training centre. Today Santosh has 3 batches running, two in the morning; 6.00 pm-7.00 pm and 7.00 am to 8.00am and the third in the evening 7.00 pm and 8.00 pm. Now there are in total 60 students getting trained in his Academy.

Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON