Details of this Paper

Compare and contrast three different types of entrepreneurs and state which you are most likely to emulate

Description

solution


Question

?Growth of Small Business?;? Compare and contrast three different types of entrepreneurs and state which you are most likely to emulate should you begin a small business. Assess the impact of globalization and information technology on the creation of small businesses.;ANSWER;The two primary drivers of globalization are market drivers and cost drivers. The market driver of globalization includes understanding of common customer needs including international customers, and global market channels. Cost drivers including globalizing due to high product development costs in home country and differences in factors of production. There is no doubt that technological change has brought about a social change around the globe. Technology has lead to the greater socio-economic advancement. The internet and e-commerce has a huge impact on every society around the globe. Barriers of trade between different countries and individuals of those countries are already non-existent. Even the smallest of things, like a company?s contact details can be

 

Paper#22741 | Written in 18-Jul-2015

Price : $32
SiteLock