...30, 2014 SUBJECT: Organizing A Business Business overview More than 95% of total chicken meat consumption in Macedonia is met by the export from other countries. The national production is fulfilling only the 5% of the demand. Poultry farming has a huge potential in Macedonia. The production chain for broiler meat is breeding hybrid parent stock and hatching, rearing parent stock, production of hatching eggs, hatching day old chick of broilers, growing broilers, slaughtering of broilers and further processing and selling poultry meat through supermarkets, supply to restaurants or further processing into convenience products. Only small numbers of organizations are Breeding Companies. For the most of the companies this business starts with growing a day old broilers. One section of the business is Broiler farm. The optimum for the initial operation of the business would be 10,000 chickens. The one day old chickens hatched from the parent generation are delivered to the farm. The Broiler farm will be on area of about 10,000 sq. meters for the farm with road connections, water availability and houses for growing broilers. Broiler farms, where day old chicks are raised to slaughter weight, will be located near the processing facilities to minimize the transport costs. The basic needs for the broilers are fresh feed, fresh water, fresh air, light, darkness, thermal environment, protection and space. Second section of the business is feed mill for food production...
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...Ibrahim Masmoum Business Development in Emerging Economies 11 April 2014 A) In your opinion – What is the future of Emerging Economies? It seems almost impossible to deny that the emerging economies have a big future. In the last two decades, many developing countries have experienced economic growth and have come over many challenges such as social, political and technological. The economic growth is changing the outlook of those emerging markets. The future of developing countries is very promising and likely to bring large-scale developments and improvements for those emerging economies. Emerging economies are growing at a high rate, which is giving them an economic importance as their share of the world total GDP is still growing (IMF, 2014). However, many factors are challenging the rapid growth of emerging markets. In fact, in some countries such as Turkey and Brazil, it’s proving difficult to achieve a sustainable growth due to political risks. In terms of opportunities, emerging markets are the most promising because they are very rich in human resources (China and India) and natural resources (oil in Middle east and energy in Russia). The financial crisis in 2008-2009 has given the emerging markets more confidence to take the lead on the international level. In my opinion, the opportunities for emerging economies are big because they are experiencing a lot of social and political developments and on the long-term nations like China, India, Russia and Brazil...
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...What factors each entrepreneur needs to take into account to ensure business success? As an entrepreneur, there are many factors that need to be taken into consideration in order to ensure business success. First, an entrepreneur has to take into account the location. A location is a vital element in starting a business. It might be a country, region, or a locality. However, the location has to be strategic enough to accommodate the business and be economically viable. The second factor in my perspective is the population. Every business needs a viable population to thrive. For instance, if an entrepreneur conducts a business in a country densely populated, all the entrepreneur need is a niche of that population to succeed in that business. Another factor each entrepreneur should consider in order to ensure success is the issue of a construction permit. Construction is a necessity for a company. It helps the government to ensure that a company is constructing a structure that will not pose any risk for internal and...
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...the last two decades, however, it has become of increasing concern to the business world. This has resulted in growing interaction between governments, businesses and society as a whole. In the past, businesses primarily concerned themselves with the economic results of their decisions. “Today, however, businesses must also reflect on the legal, ethical, moral and social consequences of their decisions” (Anderson 15). This paper will discuss the concept of corporate social responsibility. It will give the definition of the phrase, and identify some of the global factors that necessitate corporate social responsibility. It will discuss the importance of corporations setting up corporate social responsibility projects, and the impact these have on society. Social corporate responsibility and the maintenance of high ethical standards is not an option but an obligation for all business. Corporate social responsibility is no longer defined by how much money a company contributes to charity, but by its overall involvement in activities that improve the quality of people’s lives. Corporate Responsibility has come up as a significant subject matter in the international business community and is progressively becoming a mainstream activity. There is mounting recognition of the momentous effect the activities of the private sector have on the workforce, clientele, the society, the environment, competitors, business associates, investors, shareholders, governments and others groups. It is...
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...Two Business on Our Doorsteps and Similar Business in Different Worlds Student Name Student ID Date Two Business on Our Doorsteps and Similar Business in Different Worlds Introduction to the Businesses under Consideration: The study focuses on the analysis of two American-based companies. One an NGO whiles the other a profit making organization. The company AT&T is Telecommunications Company providing mobile services to its people while the other USAID is an NGO. These two companies differ in size with AT&T having an international coverage but more focused on developing its local market while USAID is focused on solving problems related to poverty around the world. These indicate USAID to have a higher mandate compared to that of AT&T. The study article reveals aspects relating to the two companies and their activities towards attaining their objectives. Description of the Types of Businesses: AT&T: The company formally known as SBD Communications Inc changed the name to AT&T in 2005 to improve its brand image and capabilities to tap into the market and from which it built a base for expansion into new markets in 2013 (Moloshok, 2011). The company AT&T Inc is a telecommunications company focused on service provision on an international level and local level within the United States. For years since its inception, AT&T has operated two major segments in its business. These include the wireline business and the wireless. The wireless sector...
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...the dynamic marketing environments. Nike, the American multinational company is a leading manufacturer and supplier of sportswear, apparel, accessories and services and holds the top spot in supplying athletic shoes and apparel throughout the world. The company, today is among the most valued brands. (Skoloda, 2010) The product is due to be launched in India, which holds the top spot in terms of being among the fastest growing economies in Asia and is the most preferred markets for multinational companies. Indian economy is growing at 8.8%, which is among the best in Asia. (Nobrega & Sinha, 2008) Changes in the Sportswear market over the last decade: As Isaac Asimov once said “The only constant is Change” so is it. The current markets are ever changing. Philip Kotler & John Caslione (2009) state that “Turbulence is the new normal”. Companies introducing new products or investing into markets do not just forecast markets to be turbulent but already expect them to be so and formulate strategies likewise. Sportswear is a fast growing market influenced by these drifts and changing lifestyles. Adoption of healthier lifestyles has led to a surge in the usage and consumption of sportswear products, accessories and services. Indian...
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...Business Ethics across the World Have you ever measured that how different countries become closer to one another and it has produced alike views for countries that do business together due to globalization? Through the growth of globalization several ethical issues are getting exposure according to management teams. You can imagine if ethic is dilemma within the country then how about the issues that occur due to foreign language, diverse cultures and number of people involved grows to a global scale. This paper will identify ethical perspectives of two countries, India and China, and how these two articles contribute to understanding global ethics. It will also explain how china’s and India’s business ethics compare to the United States. In journal of business ethics (2009), article “A Chinese perspective: Business Ethics in China Now and in the Future”, describes that China has been at the forefront of growing concern, not only about its products and enterprises, but also about its business ethics. This article analyzes the state of ethics in business in China. China now manufactures or assembles over 50% of the world’s products. However, the world has been reeling from daily accounts of defective “Made in China” products. China has been at the forefront of growing concern, not only about its products and enterprises, but also about its business ethics. This article analyzes recent events connected with the Made in China label from the perspective of evolving Chinese business...
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...the last two decades, however, it has become of increasing concern to the business world. This has resulted in growing interaction between governments, businesses and society as a whole. In the past, businesses primarily concerned themselves with the economic results of their decisions. “Today, however, businesses must also reflect on the legal, ethical, moral and social consequences of their decisions” (Anderson 15). This paper will discuss the concept of corporate social responsibility. It will give the definition of the phrase, and identify some of the global factors that necessitate corporate social responsibility. It will discuss the importance of corporations setting up corporate social responsibility projects, and the impact these have on society. Social corporate responsibility and the maintenance of high ethical standards is not an option but an obligation for all business. Corporate social responsibility is no longer defined by how much money a company contributes to charity, but by its overall involvement in activities that improve the quality of people’s lives. Corporate Responsibility has come up as a significant subject matter in the international business community and is progressively becoming a mainstream activity. There is mounting recognition of the momentous effect the activities of the private sector have on the workforce, clientele, the society, the environment, competitors, business associates, investors, shareholders, governments and others groups. It is...
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...consumer. This is the traditional channel. 2. Manufacturer → trade fair or exhibition → commercial enterprise (wholesale or retail) → consumer. 3. Manufacturer → commercial enterprise (wholesale or retail) → consumer. This type of distribution channel is known as direct purchase, i.e. a commercial enterprise purchases the goods directly from a manufacturer. As this channel involves fewer intermediaries and thus saves costs, it has developed rapidly. 4. Manufacturer → wholesale mart → commercial enterprise (wholesale or retail) → consumer. Goods such as clothing, footwear and small home electrical appliances are primarily channelled through wholesale marts. 5. Manufacturer → agent → retailer → consumer. This flexible channel is also growing very fast. 6. Manufacturer → distribution centre → retailer → consumer. This channel is particularly well suited to the development needs of commercial chain operations, convenience stores and supermarkets. 7. Manufacturer → consumer. Also known as direct sales, this channel does not involve any intermediaries. The manufacturer sells its products to end consumers directly or through intermediaries such as mail order and TV shopping. In the latter case, certain fees are added to the ex-factory...
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...purpose and pattern will be briefed. Introduction This section will contain a brief history of Bunge Limited over 180 years, summary of involved business will be observed by segregating core and non-core activities of the group, core activity is influenced by agribusiness in the fields of grain origination, oil seed processing and international marketing, while non-core business will contain textile, paint, chemical, cement, banking, and insurance and real estate ventures. Agribusiness Trends The competitiveness in agribusiness sector depends on technological, socio-political and economic factors (Esterhuizen, 2006: p72). This section will discuss agribusiness trends, nature of required capabilities for sustainability and will associate three sub sections a) Scenery- This section will examine the contents of business and its products; wheat, corn, soybeans, vegetable oil and protein meals. b) Factors- This section will detail the factors affecting business both in terms of negativity and positive ness. Impacts of population rate, role of non-Americano markets, Asian crisis, technology innovation, export conditions, business contracts and customer’s trends will be presented c) Risks- Turmoil in financial markets and volatility in agriculture impacts risk basis (Dorfman, 2011: p426), this section will underline the risks involved in agribusiness. Bunge’s Agribusiness Infrastructure This section will examine agribusiness infrastructure of Bunge Limited and will...
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...Advertisements and Effects on Business Starting any business is challenging task for any entrepreneur. One important factor where a lot of focus is given is that in the creation of quality services and products which will add value to the target consumers/customers. Advertising is the central part of any business or organization as its that part which does the work of communicating to the end users. Advertising is the means of marketing through communication which in turn helps in selling and promoting a particular product or service. There is another side to advertising through which it can give the confidence to the employees or shareholders that the company is stable, growing and successful. Advertising can be in any form such as mass media like newspaper, television, magazines, radio, outdoor. Nowadays advertising is also done on websites, SMS, blogs, Mobile applications etc. Advertisements can also be of two types such as commercial and non-commercial. Commercial ads want to increase the consumption of their services and products through branding. Branding deals with the association of a products name with some qualities within the consumers. Noncommercial advertisements include politics, NGO, government agencies etc. Advertising is essential for any business or organization. The proper use will add to the growth and profitability. But on the other hand ill-thought-out advertisements can be money eating and also tend to loose market...
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...INTERNATIONAL PURCHASE MANAGEMENT ASSIGNMENT ON GLOBAL SUPPLIER RELATIONSHIP MANAGEMENT SUBMITTED TO: PROF.KAVITHA.TC SUBMITTED BY: VENKATESH REG: 141202052 INTRODUCTION GLOBAL SUPPLIER RELATIONSHIP (SRM) is a discipline or set of strategic planning and managing with relation to the third party organization which supply goods / services in order to maximize the profit and reach the organization goal. Global supplier relationship is under the broad category of supply chain management. As the business is global , market for the manufacturer has been extended to domestic to global, increase in the market demand and the availability of the resources / delivering the material in time with lower cost is been a primary objective of majority of the company in today competitive market . the organization have realized the importance of supplier relationship A organization which has good relation with its supplier can again a competitive advantage over their competitors, good relationship with the supplier needs a long term trust to get build up. “Competitive advantage is increasingly a function of supply chain efficiency and effectiveness.... the greater the collaboration, the greater the likelihood that an advantage can be gained.” (1) (Lamming) LITREATURE REVIEW A manufacturing company in Iraq trying to figure out the problem and decrease the lead time of suppliers, they have...
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...IEEE International Conference on e-Business Engineering A CASE STUDY: ADOPTION OF INFORMATION TECHNOLOGY IN E-BUSINESS OF UNITED ARAB EMIRATES Fahim Akhter College of Information Technology Zayed University Dubai - United Arab Emirates fahim.akhter@zu.ac.ae Keywords: Abstract: Electronic Commerce, Internet, Online Shopping, United Arab Emirates This research conducted to identify factors that affect e-commerce adoption among people of United Arab Emirates. The focus of this research is to discover at what extent security and privacy factors contribute to the adoption of e-commerce. This study has been designed to explore why online shopping is growing so fast among some users, and so slowly among others. 2051 questionnaires were distributed by using different media such as email and Internet to the subjects and received back only 21% questionnaires from respondents. The result shows that all of the independent variables played important roles in determining the adoption of e-commerce and created a gap between users who are adopting e-commerce and those who have not. The finding also shows that there are two significant factors, making an impact on the adoption of e-commerce, which are the user’s educational background and their understanding of security features implemented by the vendors. 1 INTRODUCTION The United Arab Emirates (U.A.E) has made major efforts to establish itself as an e-commerce hub in the Middle East region and established itself on a par...
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...Keda Case Study Keda Industrial Company Ltd. (Keda) is a leading manufacturer of industrial machinery from china established in 1992 by Lu Qin. Since its inception Keda has been a growing leader in its industry and has seen exponential growth till the mid-2000s where they felt the internal and external pressure to implement a new ERP system. Need of being on board to be ahead As a growing established company Keda faced many issues which provoked them to look for a new ERP solution. I see five main reasons for Keda’s motivation to implement a new ERP system. * Making the decision making process more effective and efficient was a must do. With the new competitors making their way into the market Keda realized that they were falling back. Not been able to determine the cost of production, delaying important decision because of data not been readily available was some of the main reason they were falling behind the competitors which derived them to implement a new ERP. * At this time being one of the most innovative companies was rewarded by the Chines government. It was also an unofficial call by the government to all the big cooperation’s as a strategy to keep up with the international competition. * As the company was growing so did its inventory the number of where houses and also the number of inventory that is wasted and not managed properly. The ERP system was thought as a solution for this problem. * Keda was one of the most resourceful organization but...
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...The interaction between the different business sectors in the UK and the impact of external factors on business. The business sectors of the United Kingdom (UK) is categorised into 3 major sectors namely Primary, Secondary and Tertiary sectors. The Primary sector are the organisations that are involved in the use of natural resources through extraction, growing and collection of raw materials such as mining, quarrying, fishing and exploration. An example of a primary sector business is Shell UK who focuses on exploring new global oil and gas reserves. While the Secondary sector is also known as the manufacturing sector, these organisations are involved in processing, production or refining of the raw materials from the primary sector into finished goods, this sector creates a finished , useable product like car manufacturers, textile manufacturers, oil refineries Jaguar etc. an example of a business in this sector in the UK is Kellogg’s. And tertiary sector are organisations involved in providing services to people either to direct customers or other businesses which may be public or private sector, such as education, health, hospitality, leisure and financial institutions example of a business in this sector is Barclays bank. In every business sector there are stakeholders. Stakeholders of any business are any one that has an interest in the activities of the business. The key stakeholders in the business sectors of the UK are the Government, Local community, suppliers...
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