Essays on Rothberg

Introduction

The main objective of entrepreneurs is to achieve profitability and growth of their ventures. Most of the entrepreneurs who have saturated their domestic markets seek to globalize their operations to increase profitability and achieve growth (Vinturella & Erickson, 2013). Globalization of business operations involves various considerations to facilitate the assessment of the viability of business expansion. Primarily, organizations seeking to go international must consider their financial capabilities and the risks involved (Vinturella & Erickson, 2013). Entrepreneurs can expand their businesses by increasing production and exportation or establishment of operating plants in different countries. This paper will answer various questions regarding the ...

Abstract

Budgeting has always and continues to play a crucial role in business planning. That is given its application is estimation of the future performance parameters. With that, the discussion explains the relation between the profit planning and the budgeting process. For that, budgeting has been identified as the basis of the estimates used not only in profit planning but also in business planning. Also, several benefits have been identified regarding the business planning and budgeting including that they form the key reference for the performance evaluation. Further, the discussion explains the role of a controllers regarding the reporting to ...

To Investigate Knowledge Management as a Source Competitive Advantage in Pharmaceutical Companies

Introduction

While the knowledge economy gains momentum, knowledge management is coming up as an important corporate discipline for all businesses, regardless of the economic sector to which they belong. However, the adoption and implementation of knowledge management is not similar in all industries and vary depending on the industry (DeTienne and Jackson, 2001). For instance, the organizations in the pharmaceutical industry are fighting with many challenges that are of their own kind in the field they are specialized in. In a similar manner, the advantages knowledge management can bring in ...