Problems and prospects of our small industries Published : Saturday, 05 January 2013 Women working in a small industrial unit Md Atikur Rahman Every country wants to develop. We believe that industrial development can bring in faster development for any country. A well-conceived industrialization strategy, be it import substitution industrialization or oriented industrialization, can be useful in accumulating wealth. Many of the developing countries have achieved development through industrial
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any form of advertising. This, in turn, has caused a decrease in sales and business to become stagnant. Up to this point The Inter Trade Company has relied upon repeat business from current customers. How much business is The Inter Trade Company missing by not using some form of advertising? A coffee importer’s customers may only place 2-4 orders and how sustain any business for more than a year or two and for the business to continue it would need new customers . In a recent study conducted by
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that are going through tough times in this economy, and some of the “little” or smaller ones are slowly having to close their doors for business over changes to certain laws over the recent decade. They are having to deal with big fines and account for audits on the very businesses they own and manage. One of the biggest new things or changes is that every business has to go through an internal and external audit each year. This change is the Sarbanes Oxley Act of 2002. And, the audits themselves can
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INTRODUCTION The number of movie theaters is decreasing as the major chains create multiplexes that pile more people into smaller spaces. This profit strategy has left once popular downtown theaters vacant. Second Run Pizza is a theater/restaurant business that believes there is a significant number of theater-goers that are craving a more satisfying and enjoyable way to catch a movie and a bit to eat. Second Run Pizza is renovating the downtown City plus Theater and creating a medium-size restaurant
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Running head: Technology and Management Technology and Management The latest technology can be seen on sales floor and in offices. Innovations in technology have improved operations at companies of all sizes and helped turn small local businesses into global businesses. Coming from the state of Maine, a retail store Laurie Rodriguez used to work had more than 200 retail stores in the New England area. Working in retail, one must expect the same from each store and to mainly focus on Customer
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might be the most common mistake business make and the most difficult lesson for small business owner. Companies need to understand that social media is not just a way to sell to their customers, but rather a chance to build on their relationships and find out what customers really need, which means the companies should provide the offerings with value to meet their needs and wants, so that they can become the better provider. Ultimately, this will help business succeed but time, effort and patience
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Introduction The team has chosen to do Restaurants, SSIC code 5611. It is a subset of the code 561 which is Restaurants, Café and Bar under Food and Beverage (F&B) Service Activities (56). The reason for choosing this industry was the fact that eating is the favourite past time in Singapore; Singaporeans are just obsessed with food (Ling, 2010). Restaurants are popping up all over the city state; hence we wanted to understand what made some succeed while others fail. Furthermore, two of us aspire
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the various elements, policies and procedures to taking a business online. Inside this paper I will conduct a SWOT analysis, show how I plan to overcome any cultural barrier that may be presented and how I maintain compliance with our stringent federal trade laws. Exposing My Small Business to the World The possibilities for expanding and increasing your business in today’s times are endless. The World Wide Web allows us small business owners opportunities that we have never had before with
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Journal of Social and Development Sciences Vol. 1, No. 3, pp. 91-100, Apr 2011 Constraints of Manufacture based Small and Medium Enterprise (SME) Development in Bangladesh 1Business Feroz Ahmed1, *Md. Mizanur Rahman1, Monimul Haque2 Administration Discipline, Khulna University, Bangladesh 2Department of Finance and Banking, University of Rajshahi *mizanurku03@yahoo.com Abstract: Small and medium enterprises (henceforth, SMEs) play a key role in economic growth and industrial development of a
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Most small companies today are making most of their financial choices from outdated software accounting packages and spreadsheets. Using this type of system to keep track of your business decisions will make becoming a successful business more difficult. Consideration should be made to implementing an ERP System. First let’s explain what an ERP system is. An Enterprise Resource Planning (ERP) system is computer based system used to manage resources such as assets, materials, financial resources
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