Académique Documents
Professionnel Documents
Culture Documents
The Future
Growing Ventures
12-1
12-2
Lack of financing
Lack of market knowledge
Lack of management expertise
Technology constraints
12-3
Time management
Four critical steps
1.
2.
3.
4.
Assessment
Prioritization
Creation of procedures
Delegation
12-4
Community obligations
The community presents unique challenges to
smaller ventures in three ways
1. Participation
2. Leadership
3. Donations
12-5
Control
Responsibility
Effective delegation
12-6
Tolerance of failure
Moral failure
Personal failure
Uncontrollable failure
Change
Flexibility
12-7
Obtaining financing
Recruiting and hiring new employees
Recruiting and hiring new managers
Dealing with current employee problems
12-8
12-9
12-10
12-11
Ethical code
General public perception stereotypes
business ethics as a contradiction in terms
Unethical behavior does take place. Why?
Greed
An inability to distinguish between activities at
work and activities at home
A lack of foundation in the study of ethics
Survivalist (bottom-line) thinking
A reliance on other social institutions to convey
and reinforce ethics
2009 by Prentice Hall
12-12
12-13
12-14
1.
2.
3.
4.
5.
6.
12-15
7.
8.
9.
10.
11.
12.
12-16
12-17
12-18
Resource-rich countries
Market-rich countries
12-19
Proactive Reasons
Reactive Reasons
Increased profit
Unique goods or
services
Technological
advantage
Exclusive market
information
Competitive pressures
Declining domestic
demand
Overcapacity
Proximity to customers
12-20
I.
II.
III.
IV.
V.
VI.
VII.
Government regulations
Political climate
Infrastructure
Distribution channels
Competition
Market size
Local customs and culture
12-21
12-22
12-23