I. Introduction
It is with no doubt the Federal Government is the world’s leading purchaser of goods and services, with an estimated yearly purchases of more than $425 billion. To ensure that everyone benefits, the government has particularly encouraged small businesses to place their bids on contracts for some of these supplies. In effect, Federal agencies are demanded to initiate contracting goals, with a minimum of 23% of the entire government purchases meant for small firms (Knerly, 2).
All small businesses willing to engage in business with the government do so with the aid of Small Business ...
Small Business Research Papers Samples For Students
56 samples of this type
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Problem statement
Small business startups are the most rapidly growing business developments in the United States. Apparently, 42 percent of these kinds of businesses are owned and run by women. Businesses that are owned by women are less profitable as compared to those owned by men by an average of 25 percent annually. Small businesses owned and managed by women and have been recording increases in profitability for 5 years or more may have been utilizing improved financial strategies. These businesses demonstrate that they have the ability to increase profits, deploy strategies that are effective and sustain high profits. However, the ...
In the recent past, small businesses have been considered as the engine of the United State’s economy, having contributed approximately 64 percent of jobs generated in the private sector. Hence, the United States’ Congress has recognized the significant role played by small businesses by initiating programs to support and encourage their growth. Besides, these programs are meant to encourage entrepreneurs by recognizing their talents and ideas intended to transform the American economy by creating job opportunities through innovations. Therefore, as a service-disabled veteran dealing with building model airplanes into a small business that offers very small remote control ...
Introduction
In the current context of continuing business failures and mounting uncertainty in the global market environment, the concept of small business can benefit an economy’s efforts to achieve sustained growth. This paper will analyze fixed-price contracts and cost-reimbursement contracts in the light of fast advancement of the small business sector.
1. Fixed-price Contracts Vs Cost-reimbursement Contracts
A fixed-price contract is simply referred to a type of contract where the contract price is fixed and is unaffected by the resources utilized or time expended. In contrast, a cost-reimbursement contract, also known as a cost-plus contract, is a type of ...
Impact of Contraband, Bootlegging and Peddling on Inner City Small Business Success: A Millennial’s Perspective
Abstract
Inner cities were the business hub for a long period of time. However, in the last 30 years, many large and small businesses have closed down their shops and moved out of inner cities to more affluent city suburbs. Especially noteworthy is the fact that small essential businesses such as grocery stores and drugstores are closing down their stores in inner cities despite a huge demand prevailing there. There are many reasons attributing to the problem. Contraband, bootlegging and peddling definitely have forced some of the small business owners to shut down their business. They are unable to ...
Introduction
Small businesses form a critical part of the economy and play a key role in the creation of jobs and improving the livelihoods of many individuals in the society. However, in the advancement of technology and the use of information systems by these businesses, there has grown a threat to the continued successful operations of these businesses due to the threat of cyber attacks. This paper will focus on researching on the current information security landscape of small businesses, specifically in cloud computing and social networking. The paper will also make a discussion of the potential consequences of not implementing security practices, show ...
Compare and contrast fixed-price contracts and cost-reimbursement contracts in terms of the benefits and drawbacks of each for your business.
Fixed price contracts and cost reimbursement contracts are two processes of developing contracts for service work. Fixed price contracts entail an agreement between the contractor and the hiring party over a fixed unchanging price before the commencement of a project (Garrett, 2005). Cost reimbursement contracts on the other hand involve reimbursement of the cost of materials incurred at the end of the project as stated in the contract (Garrett, 2005). Both of these methods have their own merits and demerits in a business set up. Initially, I can prefer fixed price contracts in the operation of my business because of its predictability ...
Apart from outsourcing services that were once provided by community businesses, non-local large companies may displace more entrepreneurial small firms. Illustrations of the large companies that non-locally owned include the extensive retail chain stores. It is rather evident that the big business owners as well as those of the wealthy classes by themselves play tremendous roles in developing the local economies based on the adjacent topologies. However, even with the subjective matters, it is considered that their practices coupled with tactics in getting such great amounts of power are mostly unfair and unjust. Through demeaning others, the companies continue ...
Introduction
A community development corporation is a non-profit making organization. The corporation is set up by the community members to help in offering support to community development programs. The corporation may engage itself in offering services or undertaking activities which promote community development programs. The main aim of the community development corporations is to improve the living standards of the low income people in the community.
Community development corporations are involved in various activities in order to meet their objectives. These activities may include engaging in activities that promote economic development, promoting education through setting up of institutions that provide ...
1.0 Compare and contrast fixed-price contracts and cost-reimbursement contracts in terms of the benefits and drawbacks of each for your business.
Fixed- price contract is one whereby the price of the goods, works or services to be provided is agreed upfront so that the contractor gets paid the amount agreed upon after successfully supplying or providing the contract service. This type of contract is appropriate for goods and services that can be adequately described so that both parties are able to understand the requirements and at the same time asses any risk that may be involved in discharging ...
Name1Name: Professor Name:Title: Obamacare and its negative impacts on USDate: Obamacare and its Negative Impacts on US Obamacare also called as “Patient Protection and Affordable Care Act (PPCA) which is signed by American president Obama in order to provide affordable health insurance to the American citizens by reforming health care industry and insurance industry. Obamacare made about ten millions of middle-income and low-income to access the quality health care by this Affordable Care Act. But it’s also having many negative impacts on the US citizens. Survey reporting that obamacare will affect the doctors, small business, economy growth, hospitals, ...
Abstract
This paper researches the issue of religious discrimination in the workplace – an increasing phenomenon reflecting the increasing diversity of the workforce. The key issues involved are discussed and researched by means of a literature review, taking particular note of the situations as affecting the smaller business organizations. Pertinent legislation and case examples are discussed, and the ways that employers might head off potential strife within their workforce arising due to religious differences. Those ways include making proactive efforts to accommodate the religious needs of individual workers, while at the same time explaining to their employees that the primary objectives must ...
Of the 14 states with state-based marketplace healthcare plans, eight have defined contributions options at present or being planned in the near future. These states include California, Colorado, Connecticut, District of Columbia, Kentucky, Massachusetts, Minnesota, Rhode Island and Vermont. Other states have no defined contribution plans and these states include Hawaii, Idaho, Maryland, and New York.
A. STATES WITH DEFINED CONTRIBUTION
California
California allows employers to offer defined contribution health plans to their employees. The use by employers of such type of plan requires compliance with ERISA and HIPAA guidelines. This means giving employees the freedom to choose their respective health insurance plans ...
Innovation and Small Business
Small business owners, with their intimate knowledge of their customers, are well positioned to be more innovate. Many entrepreneurs view innovation as a float out frightening concept. Although business owners are under pressure to bring new products in order to make the mane for the companies, they are advised to, at many times innovation will come from within (Ulwick, 2002).
Small business networking is also beneficial for small business owners in expanding their client base and overall reach. Networking can be done in different ways this will depend on what the owner of a business finds it suitable for him or ...
Networking is a key part of a small business owner’s strategies to avoid commercial isolation and promote innovation in their company. Running a small business involves each employee handling many operational issues. It is very easy for these operational issues to fill up all available time and energy. This inward focus is valuable to the company in some respects, but when problems occur and innovative thinking is required to solve those problems, stepping outside the company is sometimes the most efficient means of finding the solution. Networking can provide innovative solutions in several ways. First, obtaining opinions from outside the company ...
Contracting opportunities
Brooklyn Construction Company is a privately owned company and a subsidiary of the International Construction Group that has its headquarters in Ottawa, Canada. Through its long-term experience and staff expertise, Brooklyn Construction Company has sustained long-lasting business relationships across the United States and its contiguous areas, such as Canada and South America. The company has provided innovative construction solutions to complex infrastructural projects for over 75 years.
With the recent invitation by the Federal Government to contracting opportunities, the company has expressed its interest over two of the current projects. The first project entails cleaning up a cemetery, by ...
Introduction
When the concept of Internet and later the idea of ecommerce was introduced most companies and market experts believed that these technologies were only meant for the big companies already established with thousands of customers around the world. Several threats and controversies were associated with ecommerce as well that stopped most of the medium scale or small scale businesses to jeopardize their privacy and their finances and stayed away from Internet enabled technologies.
However in the past 10-15 years the trends in adoption of Internet and ecommerce have changed significantly. Today most small businesses prefer utilizing the internet ...
These are the exact words I would use in my report.
“It is important to note that small businesses play an important role in the economy of Qatar. The research has shown that almost half of the people living in this country are self employed in the small business sector. Consequently; they are faced with different risks at the workplace. The number of small businesses also is growing rapidly. Until today, there is no proper line up for implementing good occupational health and safety programs to reduce workplace injuries. The time has come for the workers in these small businesses to be made aware of the OHS rules and regulations.
...
Entrepreneur Character
An entrepreneur is a person who undertakes an innovation in economics and business expertise in an effort to change modernism into financial goods. Entrepreneurship results in invigorating an organization or may result into a new association. Currently, the most common type of entrepreneurship involves starting a new business which includes the political and social forms of free enterprise activity (Hess 93). The main source of finance available to an entrepreneur is personal saving, bank loan, family and friends and credit cards. The entrepreneurship actions are significantly different depending on the inventiveness and organization concerned. They range from small projects to higher project ...
President Obama and the Republicans are really engaging in a bitter war against both sides when it comes to the topic of health insurance for Americans. This research paper will discuss the major issues that exist between the Republicans and President Obama with the Affordable Care Act. I will compare the pros and the cons of the new law. I will explore who will benefit from this law in which has been nicknamed as “Obamacare”. Why are the Republicans fighting so hard to stop this law? How much will it cost the government?
Republicans’ stand
There were claims that the Patient Protection ...
Introduction
The United States government pays a special attention to service-disabled veteran businesses when it comes to federal contracting opportunities. Businesses owned by Service-Disabled veterans stand higher chances of being rewarded contracting opportunities especially in the United States Department of Defense. Service Disabled veterans are ex-servicemen, who have incurred disabilities while in the line of duty serving the military, navy or the Air force. For a business to be considered to be in this class, at least fifty-one percent of its ownership must be by a service-disabled veteran. The United States government offers the outstanding recognition of such business in what it considers ...
Pros and cons of the partnership as a form of ownership
A partnership is a form of business that is formed when two or more people slots in a business activity and share profit, loss and investment. Similar to any other from of business ownership, partnership has its advantages and disadvantages as discussed below.
On of the main advantages of the partnership is the fact that it is easy to form since one requires is just an agreement. The partnership allows the divisibility of responsibilities where the owners share the business duties (Lipczynski, 2008). The partners also provide moral support to each other in order to counter challenges and stresses in ...
Bank Regulation
How much impact do banks contribute to the continuity of any small business and how much of that process is being facilitated by the government or the city where the small business opens?
The growth of the economy depends on the success of small businesses in a country. These businesses also play a major role in facilitating self employment in a country. Therefore it is important to evaluate whether the bank sector and the government is doing enough to facilitate the success of these small businesses.
Dependent variable; success of the small business in the economy.
Independent variables; lending by the banks, lending by the government, lending by the cities where ...
Understanding Financial Concepts
Financial ratios are vital for both small and large businesses. Some people feel that small business should not monitor the financial ratios for their business, but it is reasonable to understand their importance to the owner. Investments usually involve various levels of risk, and it is crucial to understand those risks and how to diversify. Financial ratios, debt financing, risks, and financial returns are excellent key concepts to use in business, but do not come without any issues or concerns.
Therefore, there are three financial ratios that are crucial for small businesses; debt-asset, quick, and receivable ratios. As ...
Banking and Loan Arrangements
It is important to remember that banking and loan arrangements vary per banking client. So, if one banking client managed to get a $50,000 worth of loans under a long term tenor of ten years with only a fixed interest rate for five years of 5%, that does not mean that all banking clients would be able to enjoy the same deal by the time they apply for a loan. There are factors and variables which creditors, which in this case would be the banks, have to consider before making banking and loan arrangements.
Credit worthiness and the ability of the ...
Budgeting is a crucial aspect of any institution or government’s operations with an aim of enhancing goals and objectives’ achievement in line with specific environment and needs. Thus, budgeting is greatly guided by policies that define the suitable actions in line with set goals and objectives either in response to changing environment or as a way of fostering opportunities’ utilization. In that respect, governments have budgeting planning that is specific to their constituents’ needs and that defines the objective of this analysis which seeks to demonstrate the budgeting process for a State in view of its status and environment. To achieve ...
PERSONAL COMPUTERS: WHERE DID THEY COME FROM AND WHERE ARE THEY GOING?
1.0 Personal computers: Where did they come from and where are they going?
1.1 Overview
NASA’s first computer, a typical UNIVAC, filled a room the size of a house (Tomayko 1987). Since that time computers have become smaller in size until finally, they have reached the size of micro-mini. The micro-sized computers are used in mobile devices as small as a cell phone. The personal computer appeared when computers became small enough to sit on a desktop. With the advent of the desktop PC, the computer market opened up to small businesses and home use consumers.
The development of the ...
Introduction
Social media is an integral part of the marketing process for most businesses. Companies should adopt the trends that are available in the market to ensure that all customers are reached at any time of the marketing process. This paper will focus on how social media can be exploited by small-scale businesses to integrate to their marketing plans. The case study will be for Healthy Eyes Vision Center which is located in Texas.
Eye clinic background
The eye clinic deals with optometry and eye services. This is a private eye clinic that is located in two locations: Mexia, Texas and Fairfield which are ...
The present trend in the world of removing trade barriers and expand global trade give advantage to small and medium trade. Small business plays a crucial role in the country’s economy in creating job opportunity. The opportunity is easily achieved through selling of more products to end-user in the process. This can be achieved through contracted distributors and contractors. Some industries move faster than others depending on the market daily demand. The dynamics of the business especially in the focus of networking aspect is extremely beneficial. Innovation plays a vital role for competitiveness in the market.
Verdict
Among the most promising ...
Abstract
The place of modern technology in business cannot be gainsaid. With increased globalization and the advancement in information technology, organizations are compelled to adopt or perish. It is on that context that this paper proposes for the Digitec House Cleaning Services to adopt the current information technology application towards the marketing of its products. Ideally, it is the contention of this paper that continuous and consistent application of options such as websites shall in overall lead to higher returns for the business and in equal measure expand the market reach for the organization.
Information technology has transformed the ...
- It is any property that can be inherited. It is also believed to be any inheritable estate most probably from the parents or the interest in the property. With reference to the statute definition, it is defined as a property that can become liable for a rate and also being a section of that particular property which is or would end up falling to be one and be shown as separate objects in the evaluation list. They are of two types, these are
- Corporeal hereditament ; which refers to the permanent real objects involved in the transactions that can be ...
- What financial ratios are important to a small business?
A small business man must understand that financial ratios are important in measuring the business’ activities against benchmarks (i.e. similar firms or competitors). According to the Frank Cocker (2011) small companies tend to overlook the use of financial ratios principally because of the calculations involved are cumbersome. Large businesses on the other hand use financial ratios because it is one very good tool necessary for managing business performance. There are many financial ratios that are available to use but for small businesses, the more important basic ratios are:
...
Q.1 Financial ratios important to a small business and their comparison with ratios critical to a manager of a larger corporation
The following ratios are critical for small businesses:
- Acid test ratio/ Quick ratio: Current assets – stock/Inventory
Current liabilities
Measure liquidity position of a firm
- Average collection period: Average debtors – 365 days
Credit sales
Measures efficiency of a firm in collecting debts owed to it
- Inventory Turnover: Cost of sales
Average stock
Measures efficiency of a firm in sales
- Total debt/Equity: Long term debt + Current Liabilities
Shareholders’ funds
Shows the extent of leverage used by a firm
- Net profit margin: Net profit (Earnings after tax) * 100%
Sales
Measures a firm’s profitability
- Return ...
When starting a business, one has to make a decision on the legal for of business that would be ideal for his business. This research paper will discuss some legal forms of business presenting scenarios where the legal business form would be the chosen legal entity.
Sole proprietorship
Sole proprietorship, being the simplest legal form of business, is owned and operated by one person. The single owner makes all the decisions and solely receives he profits.
Scenario: A mother in a small neighborhood wants to start a small business selling kitchen ware and groceries. The best legal form of business for the mother is a ...
According to the U.S. Census Bureau's 2007 Survey of Business Owners, the minority-owned firms in the United States were estimated to be 5.8 million in 2007. The report captured an increase in minority-owned firms up from 4.0 million in 2002. The percentage increase has increased by more than twice (17.9% to 45.5%). The receipts of the minority-owned firms indicated transaction of over $1.0 trillion (55% increase) while the business across the entire nation had an increase of 32.9%. In the same year, the U.S had 27.1 million businesses but more than one-fifth (21.35) were the minority-owned firms. Compared to ...
Interview on an elderly about their college days
The person chosen for the interview was my neighbor’s grandfather, who has been a very good friend of my family for over two decades. His name is Anthony and he is 70 years old now. I contacted Anthony about the interview and he gladly accepted saying that he would at around 1900 hrs the following day for the interview. I was able to get lots of information about his college days and various other things which happened and which influenced his life. I am going to discuss about Anthony’s life, during his college days and I am going ...
Introduction
The original goal of this report is to provide essential reasons about why such business might have necessitated in our area and how people can have varieties of fresh produce without any seasonal barriers. Populations of these cities are growing day by day, and most of the lands are going under housing projects, so the farming lands undergo destruction for housings. Hydroponics is the solution. It can benefit us with so many other factors such as, no need for workers, no need for lands, no needs for large investments and (etc.) (Guffey& Loewy, 310).
Land and water are becoming ...
Executive summary
The Affordable Care Act (ACA) addresses the challenges facing the health industry. The government has been implementing the provisions in incremental stages since 2010 and more changes are still underway. This report discusses the impact that this act has on indoor tanning services by analyzing the indoor tanning services tax, health insurance coverage duty on employers and the additional Medicare tax. Firstly, the indoor services tax applies to businesses offering tanning services as their predominant activity. However, the law provides tax exemptions to providers such as phototherapy services, qualified physical fitness facilities, spray-on tanning services and those selling tanning ...
Introduction
Mongolia is a landlocked nation in east-focal Asia. It is flanked by Russia to the north and China to the west, south, and east. Ulaanbaatar, the capital furthermore the biggest city, is home to around 45% of the populace. Mongolia's political framework is a parliamentary republic. The region of what is currently Mongolia has been administered by different itinerant domains, including the Rouran, the Xiongnu, the Turkic Khaganate, and the Xianbei. In 1206, Genghis Khan established the Mongol Empire, and his grandson Kublai Khan prevailed over China to create the Yuan Dynasty. After the breakdown of the Yuan, the Mongols withdrew ...
Woman-owned
Description
Maggie Mix Bakery sets to be a small business to be done at home with a possibility of expanding to a limited liability corporation (LLC) in the near future. The business seeks to offer the freshest and natural ingredients of highest quality towards manufacturing of organic cupcakes plus the specialized breads while also ensuring that the targeted customers requiring vegan, gluten free, or sugar free among other specifications is provided. The firm has been on the operational for many years’ hence marginal experience and foundation to meet the set federal procurement specifications. Through the embraced recycled and biodegradable approach embraced ...
In 2008, the great depression deepened, and congress passed the Troubled Assets Relief Program i.e., TARP. This program has, however, allocated billions of dollars approximately over $700 billion for aiding the emergency loans to the important financial and several others firms of the United States, which are considered as too big to fail. There were many great intentions and motives behind the creation of Troubled Assets Relief Program, but as a matter of fact this program totally failed as it started stealing from the tax-payers dollars. However, some of the noteworthy recipients of the TARP are Goldman Sachs, Citibank, JP ...
Women and the minority groups play an important role in the entrepreneurship and investment opportunities in the U.S. The women and minority groups engages in the business investment opportunities and economic development. The business opportunities and challenges influence the extent of involvement of the women and minority groups in the business activities and the general business environment. The cultural values and norms also influence the participation of the minority groups and women in the business environment in general. The accessibility of finances and capital influence the role of women and minority groups in starting new businesses, as well as ...
Abstract
For many who aspire to become entrepreneurs, the task of starting a business appears quite daunting. While launching an enterprise is a risky decision that carries with it a fair share of challenges and hurdles, if done in a proper and planned manner, the venture can be turned into a surprisingly simple affair. This report outlines a few steps that must be taken to a start a successful business. Broadly, the steps include considering one’s suitability for starting a company, brainstorming business ideas, coming up with a business plan with respect to business objectives, location, finances and potential customers, registering the business, obtaining other licenses and permits and ...
E-Commerce is a thriving business in a multi-billion dollar industry. E-Commerce is becoming the fastest growing industry because of its low startup cost compared to brick and mortar, and there is no need to stay targeted to one market or demographic. The internet has transformed the way in which businesses operate, marketers market, and consumers spend money. There has never been a greater time than in the recent upgrades to technology that has allowed for a fledgling entrepreneur, or even established businesses to have obtainable and available success. E-Commerce succeed due to those that are willing to put in the time, money, knowledge, ...
Introduction
There has been an increase in the demand for security. Nowadays, a sense of security may be considered as the next basic goal after the basic items which include food, shelter and clothing. Majority of the people requires economic and health security. A person with economic security will be able to satisfy the basic needs in the present and future. Economic risk refers to the probability of losing economic security. Historically, economic risk was managed through making informational agreements between the parties concerned. The insurer would compensate the injured party. The pooling concept was later formalized in the insurance industry. ...
Types of contracts:
There are three types of government contracts two of which are; fixed price contracts and cost reimbursable contracts. Fixed price contracts are those that the price is negotiated at the beginning of the contract; thereafter the price remains constant for the entire period of the contract. Cost reimbursable involves the government paying directly for the cost of doing the work; this type of contract has a scheme for giving a fee or profit for the contractor (Blum, 2011). The main advantage of a fixed price contract is that the price of the contract is known at the beginning of the contract, this ...
Introduction and purpose of study
The recent worldwide economic crisis has seen many countries undergo a period of economic recession. This has resulted in inflation to a point that some basic facilities formerly provided by employers to their employees have become difficult to provide. Some of these facilities formerly provided by organizations or employers to their employees include: house allowances, travelling allowances and healthcare. Due to the economic recession, all the sectors have been affected making employers be in a point not to provide some of these facilities to their employees. In this paper, the main topic covered is healthcare issue which appears to be diminishing from ...
THE ADVANTAGES AND DISADVANTAGES OF CLOUD COMPUTING.
Introduction
Cloud computing is the use of software and hardware that are delivered as a service over a network which entrusts remote services with a users data, software and computation.
Advantages
Cloud based services offer benefits to businesses by providing highly scalable data solutions, with these data solutions the infrastructure cost is reduced while the revenues are increased also by globalizing the network infrastructure it makes business processes locations independent this delivers accessibility and flexibility hence recourses are leveraged to optimal levels. Virtual desktops and applications recourses are scaled up in a dynamic way and companies can create an IT infrastructure that enables ...
Within the last few weeks, much debate has arisen because of the announcement by the CEO of Yahoo that workers who have been telecommuting will soon have to begin working only from Yahoo physical offices instead. The debate focuses on the reasons for this change in policy, but much of the debate has raised questions about the benefits of telecommuting. One need only look at the comments section of several online articles about this change at Yahoo to see that many people who telecommute assert that they work much more productively at home, while others cling to their beliefs ...
Given that as a friend and acting consultant to Tracy, who was about to establish a small business consulting company, the following responses to the indicated questions are hereby presented:
How would you advise Tracy to approach the following topics?
Market segmentation:
First and foremost, it would be imperative to note that the kind of business earmarked to be established by Tracy is a service-oriented business where instead of a product, Tracy would be offering consulting services focusing on business endeavors. At the onset, one could infer the proposed clientele would be business practitioners; or people who get to interact with various stakeholders within the business environment: entrepreneurs, customers, suppliers, investors, employees, ...
President/Executive Board Member
David Miron is one of the executive members of McBer which is a company in Boston and holds the position of Vice-President while David McClelland is the chairman and founder of the same company, but works at Harvard University as a Psychology Professor. They both authored “The Impact of Achievement Motivation Training on Small Business”. In this, Miron and McClelland (1979) argued that entrepreneurial training is essential for motivating businessmen in order to facilitate them in achieving their goals and improving their level of performance. Further, Miron and McClelland (1979) claimed, “businesses managed by the trained men grew faster by a number ...
Wal-Mart, their market power in the U.S. and whether or not they should be allowed to use banking services that were once restricted to banks.
Wal-Mart is one of the largest companies in the globe. Zellner, of the Bloomberg Business Week Magazine, writes that “in business, there is big, and there is Wal-Mart. With $245 billion in revenue in 2002, Wal-Mart Stores (WMT) Inc. is the world’s largest company” (Zellner, 2003, p.1). Sowell, of the Capitalism Magazine, explains that “much is made of the fact that Wal-Mart has 3,000 stores in the United States and is planning ...
IS and IT are the back bone of any organization and have a very strong control over the financial performance and productivity of an organization. The Information System hyped up, to become a key contributor to a business as the requirement of software and hardware systems to provide adequate technology to run a business increased. The implementation of the Information System has always been a tedious task, considering the fact that a minor flaw or downtime can cause a loss of millions to business and can lead to so major customer dissatisfaction.
CIOs (Chief Information Officers) across organizations are always attempting to achieve a smooth transition, procurement and ...
This paper develops an outlook into the automated businesses in companies, the advantages and merits of adopting such a policy in the running of the factories and the possible consequences that may be experienced as a result of the same. There is a bias taken towards the critical analysis of the factors that may lead a company into adopting automation of its systems. A comparison of the traditional methods of running business and the modern technologically savvy approach is also given preference in as far as the business automation is concerned. There is also the analysis of the consideration to be made when ...
1. Introduction:
Wal-Mart Stores Inc is the largest Business Company in the world which has achieved leadership in the industry of retailing because of its efficiency in the supply chain management practices. Wal-Mart has set earnings and record sales for the fiscal year of 2008 (net sales of $374.5 billion), which was an increase of 8.6 percent over the previous year. Wal-Mart’s mission is saving its customers money in order to live better and thus it has created an impact on over 176 million customers in over 13 nations worldwide (Bianco, Zellner, 2003, p.100).
Wal-Mart, as a global business ...
Introduction
In last few years, the randomized program evaluation has become the gold basis for evaluating the development programs and also the bread and butter of many development economists. The evaluations sometimes uncover the valuable new information, but are contentious, and can also be prohibitively expensive to implement, for small NGO’s. Appreciating how the microfinance affects clients is not straightforward for the reason that there are several possible explanations for why, say, a borrower is doing well as compared to her non-borrowing peers. The credit may be helping–or conceivably the borrower was already comparatively prosperous and would have fared ...