time‚ it had grown to one of the largest food service company and holds a strong position in the market. The company is built out of five major activities; Operation‚ Development‚ Finance‚ Marketing‚ Human Resource (Bized‚ 2006). Using the PEST and SWOT analysis‚ this report attempts to observe the structure inside McDonald Corporation and its adaptability level to the external environment. Some possible future strategies were also mentioned within‚ consisting what sort of movement the company might
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Want to have your own business but think you just don’t have what it takes? Do you look at the Donald Trumps in the world and wonder if you could ever really be successful in business? Fallacy #1: Entrepreneurs are born‚ not made I admit that I know two guys whom I would swear were born with a risk-taking‚ want-to-be-a-millionaire‚ nothing-is-going-to-stop-me spirit. But most of the business owners I know entered entrepreneurial-land through the back door. Some realized that they knew more
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Few entrepreneurs survive the transition from start-up to conglomerate. Of those‚ only a fraction go on to lead their company past the billion-dollar mark. And of those‚ only one man has directed a company to publicly traded worth of about half a trillion dollars-when compared to nations‚ his company boasts the ninth largest economy in the world. At 44‚ he may be the richest man in history‚ worth approximately $77 billion. He’s also created more millionaires than anyone in the history of business
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The entrepreneur does not ask questions about whether they can succeed or whether they are worthy of success. They are confident with the knowledge that they will make their businesses succeed. They exude that confidence in everything they do. Entrepreneurs who have no basis for their confidence are doom to failure. Perseverance‚ determination If you aren’t good at motivating yourself‚ you probably won’t get very far in business – especially as an entrepreneur. When you’re starting
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Urbana attended Villanova University and earned an B.A. in Economic. He was also an exceptional athlete on the schools Lacrosse team. This dedicated entrepreneur is involved with a number of very special enterprises. Currently‚ he is the head of business development at Ellipse USA. His primary task with the galvanization is to make sure that the marketing aspect is handled smoothly through regional offices
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1. INTRODUCTION This report is about an interview with an entrepreneur based in Hai Duong‚ Mr. Nguyen Van Vien‚ and what I can learn after the conversation with him. On his trip to Ho Chi Minh city‚ I got a chance to arrange an interview with Mr. Nguyen Van Vien and I was able to understand more about the world of entrepreneurs‚ what it’s like to be an entrepreneur with many gains and losses. 2. BUSINESS BACKGROUND Mr. Nguyen Van Vien is currently the Director of Minh Truong Son Joint-stock
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Entrepreneurs are born not made. “You were born to win‚ but to be a winner‚ you must plan to win‚ prepare to win‚ and expect to win.” (Zig ziglar‚ Author and speaker). One may be born with the mental capacity to innovate‚ think big and achieve great success‚ but success requires more than merely great ideas. Successful Entrepreneurs are people who are able to think critically‚ manage problem solving‚ attain people skills and most importantly possess the passion to manifest their dreams
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PEST Analysis of Philips company All business entities are under the pressure of different factors inside and outside the organization. In order to survive in the global environment‚ companies in building their strategies have to aware of the outside forces such as political and economic situation inside the country and in the global community‚ new technologies in the market‚ socio and cultural influences. POLITICAL FACTORS Political factors that affect the activity of an organization are: tax
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1. Who can be an entrepreneur? Anyone can be! Even though you have never had an experience‚ you can start up a business. But entrepreneur uses and understand entrepreneurial principles and entrepreneurial reasoning. They know how to manage the risk and finance by backers. Also they need to have the right attitude and the entrepreneurial spirit. 2. What are the risks‚ rewards‚ and trade-offs of lifestyle business versus a high-potential business-one that will exceed $5 million in sales and grow
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lower rate of sales tax of 4%-6% on local supplies. Textile exports stood at $12.5 billion fromJuly 2010 to May 2011. During the current fiscal year‚ the tax department collected Rs. 10.5billion as 1.0% withholding tax. Similarly‚ textile industry contributed Rs. 2.5 billion at the rateof 0.25% as Export Development Fund (EDF). Break-up shows that the applicability of lower rateof 4%-6% sales tax on local supplies would contribute an additional amount of Rs. 11billion‚annually‚ to the national exchequer
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