Entrepreneurs Case Study - 1127 Words

Running head: Entrepreneurs’ Fears Case Study Entrepreneurs’ Fears Case Study Introduction The White House would like to raise exports by small business, however the unreliability of the global market is frightening the enterprise. President Obama would like to help out small businesses by asking Export-Import Bank to rise export funding by more than a third, to 6 billion dollars. With these increases he hopes to double American exports and encourages small businesses to go abroad. It is extremely hard for small businesses to go abroad though when the larger businesses dominate exports accounting for close to 60 percent of the 1.2 trillion dollars in exports. Small businesses are just not as experienced and aren’t able to†¦show more content†¦Currency can raise a problem because having an unforeseen currency variation can destroy profits, for instance credit card transactions can cause serious problems depending on the provider and their provider’s currency conversion. Language barriers can be extremely hard when dealing with other compa nies overseas because it is almost impossible to conduct business without proper communication. Depending on where business it being constructed it may be hard to find a proper translator. It’s obvious that different countries have different laws that must be followed and if a small business is not familiar with these different laws they could find themselves in a lot of trouble. Lastly, time zones doing business globally may cause small businesses to be open later hours than originally needed, this mean they will have to pay employees more money for staying late or hire more employees to work those shifts, either way that is more money. (Duff) Analysis of the Problem, Solution, Implementation, and Justification The first way and most important way for a small business to succeed when going global would be to find the right partners. Building a strong relationship with the country you want to work with is huge and you want that person to be someone you and the country of choice trust, also you want them to be able to vouch for you. This will eliminate the downfall of notShow MoreRelatedEntrepreneur-Case Study2891 Words   |  12 Pagesexcellence eighties and nanosecond nineties, it will not be exaggeration so say it is entrepreneurship twenty first century. Who is an Entrepreneur The term Entrepreneur calls to the mind varied images like do-it-yourself personality, the lone inventor, a high tech entrepreneur, a flamboyant promoter etc. The following words are usually ascribed to an entrepreneur: moderate risk taking, innovation, alertness, decision making and responsibilities seeking, ambition, desire for independence, responsibilityRead MoreCase Study of an Entrepreneur1478 Words   |  6 PagesCASE STUDY OF SHAHNAZ HUSSAIN Shahnaz Husain, CEO of Shahnaz Herbals Inc, the prominent Indian female entrepreneur best known for her herbal cosmetics, particularly skin care products. She is making a constant effort to beautify the skin of people with her beauty products. She has been continuously striving hard to slow down the aging process and nourish the skin of people and thus make them look younger than their age. Well, we are talking about none other than the ruler of the beauty world, ShahnazRead MoreCase Study Analysis on an Entrepreneur2827 Words   |  12 PagesCase Study Analysis on an Entrepreneur and their company strategy.h Introduction to Enterprise and Entrepreneurship (ENTE 1521) Rebecca Jade Inglis P14145784 Thursday – 14:00 – 15:00 David Stringer ENTE 1521 ASSIGNMENT 1 Criteria 2014/15 TITLE: Case Study Analysis on an Entrepreneur and their company strategy Student Number:†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Tutor Marking†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Please note: You will LOSE 5% if you do not include this criteria sheet CRITERIA | ANY COMMENTSRead MoreCase Study : An Entrepreneur And Their Company Strategy2673 Words   |  11 PagesTitle: Case Study Analysis on an Entrepreneur and their company strategy Module Name: Introduction to Enterprise and Entrepreneurship ID Number: P14111078 Executive Summary Entrepreneurial leaders are described as risk-takers, innovators, bold opportunists or restless agents of change. Some have even argued that entrepreneurial leaders are born with a unique set of characteristics that set them apart. We look at Mark Constantine and his Wife and their journey intoRead MoreApplication Of Constructivist Grounded Theory969 Words   |  4 Pagespractical way of conducting research (Tracy, 2010). Studying entrepreneurship makes it sensible for qualitative research method because it involves â€Å"real-world situation† (Yin, 2010) and contains collaboration with the community. This research will use case study with the application of constructivist grounded theory method (Charmaz and Smith, 2003; Glaser et al., 1968) as it intended to develop theory from the emerging themes and interests (Charmaz, 2008). It is the most relevant method to apply as theRead MoreEvaluating Different Issues Concerning a Beach Bag Essay614 Words   |  3 PagesEvaluating D ifferent Issues Concerning a Beach Bag The purpose of this case study is to evaluate different issues concerning a beach bag. Mary Ricci, an entrepreneur, has hired a consulting company to study this new product concept she is willing to introduce to the market. I have chosen to look at the strengths and than the weaknesses. At the end of this case study analysis, I will give some recommendations to help the company do better. The Strengths The firstRead MoreThe Gentrification Theory: Ruth Glass Essay1350 Words   |  6 PagesThe initial hypothesis states that gentrification is a process lead by middle to high-income people, generally represented under the tags of young families with managerial jobs, real estate investment firms, or the rise of the cognitive-cultural entrepreneur class (Scott, 2008). It starts with the partial integration of these groups in lower- income inner-city neighbourhoods. The settlement of these higher income classes, attracted to live in these urban enclaves, triggers the shift of local communities’Read MoreCase study discussion questions1663 Words   |  7 Pagesï » ¿Case Study Discussion Questions for Case Studies in Entrepreneurial Management and Finance Professor Edward H. Chow Spring 2013 1. (2/20) Introduction and get acquainted: Entrepreneurship and finance Lecture and discussion: A perspective on Entrepreneurship, Howard H. Stevenson, 1988 (9-384-131) How is finance related to corporate objectives? Note on the financial perspective: What should entrepreneurs know? William A. Sahlman, Harvard Business Publishing (9-293-045) In your view, whatRead MoreEntrepreneurship And Innovation : Jim Poss Case Study Essay977 Words   |  4 PagesKohl Kriewall Entrepreneurship Innovation Jim Poss Case Study Jim Poss, a resourceful young entrepreneur from Duke University, recognized the world moving towards a greener future at an early age. With his knack for inventing and background in environmental science, Jim worked towards his goal to create an energy efficient trash compactor. Along with some similarly minded partners on board, their intelligence and determination paid off and granted them success in their venture, Seahorse PowerRead MoreFour Mini Case Studies in Entrepreneurship4020 Words   |  17 PagesCase Studies   Engineering  Subject  Centre  Case  Studies:   Four  Mini  Case  Studies  in   Entrepreneurship   February  2006 Authorship   These  case  studies  were  commissioned  by  the  Engineering  Subject  Centre  and  were  written   by:  · Liz  Read,  Development  Manager  for  Enterprise  and  Entrepreneurship  (Students)  at   Coventry  University   Edited  by  Engineering  Subject  Centre  staff.   Published  by  The  Higher  Education  Academy  Ã‚ ­Ã‚  Engineering  Subject  Centre   ISBN  978 ­1 ­904804 ­43 ­7    ©Ã‚  2006  The  Higher  Education  Academy  Ã‚ ­Ã‚  Engineering  Subject  Centre