Showing posts with label Corporate. Show all posts
Showing posts with label Corporate. Show all posts
free trade versus protetionism
protectionism is usually practiced in time of recession or in this time of global downturn because it keeps the economy of any country in gear.
at what stage of economy should entrepreneurship be pursued ?
Defining 3 stages of economy as as:
1) Boomed
2) OK - neither Booming nor Bed Ridden (a mid way between either)
3) Bed Ridden
We can now define 4 phases in economy:
a) When it is going from stage 1 to 2
b) When it is going from stage 2 to 3
c) When it is going from stage 3 to 2
d) When it is going from stage 2 to 1
The best time to start entrepreneurship is when economy is in "phase a" and you should roll out your product/service in "phase b"; when no one else dares to do so; thus capturing the market.
1) Boomed
2) OK - neither Booming nor Bed Ridden (a mid way between either)
3) Bed Ridden
We can now define 4 phases in economy:
a) When it is going from stage 1 to 2
b) When it is going from stage 2 to 3
c) When it is going from stage 3 to 2
d) When it is going from stage 2 to 1
The best time to start entrepreneurship is when economy is in "phase a" and you should roll out your product/service in "phase b"; when no one else dares to do so; thus capturing the market.
globalisation - its positive and negative impacts
negative impacts:
1) death of cultures
2) death of languages
3) over consumerism
1) death of cultures
2) death of languages
3) over consumerism
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