Mid Answer
Mid Answer
The most important factor consider to stablish a new business in country like
bangladesh
1.Style of operation: Your location need to be consistent with a particular image
or Style.
2.Demography: When considering demographics, you should think about two important
angles.
3. Foot Traffic: For many businesses, foot traffic is very important. Nobody wants
to be tucked away in a corner where potential customers will pass him/her by.
4. Parking and Accessibility: Consider the accessibility of the location for every
person who will be coming there.
5.Competition: Are competing companies close by In some instances, this can be
advantageous if comparison shopping is popular.
swat analising
Strengths:
2. Customer Weaknesses: Where do your customers think you need to improve? This
could be your investment products, locations, loan origination, or competitive
prices for interest rates.
4. Learning & Growth Weaknesses: What are your biggest challenges with employees?
Do you have particularly high turnover in certain departments or a negative
perception of the organizational culture?
1.C.The types of business of the business along with the advantages and
disadvantages of all the mentioned forms there:
Advantages:
It's the easiest to set up because it doesn't require the filing of any papers.
States do not require the registration of proprietorships.
Profits are only taxed once on the owner's personal tax returns.
The owner has complete control of the business and makes all the decisions.
Tax forms are not complicated.
Assets are easy to liquidate upon the death of owner.
Disadvantages:
The owner is exposed to unlimited legal liabilities. If you lose a lawsuit, you
could lose your home, car and other personal assets.
Proprietorships cannot accept capital from outside investors.
Borrowing money is more difficult. Banks are reluctant to make business loans to
sole proprietorships. You will have to rely on savings, home equity loans or loans
from family members.
Business will be liquidated when owner passes away.
2 .A.All the shareholders are stakeholder but all the stakeholder are not
shareholders :
example of Monopoly
1. Railways Public services like the railways are provided by the government.
Hence, they are a monopolist in the sense that new partners or privately held
Companies are not allowed to run railways. However, the price of the tickets is
reasonable so that public transport can be used by the majority of people
2. Luxottica – A Company that owns all the major brands of sunglasses. The Company
has bought almost all the major eyewear brands however, they are still named
differently. This creates an illusion in the mind of the customer that they have a
variety of sunglasses to choose from although they are all manufactured by one
Company. Luxottica produces more than 80% of the eyewear worldwide
3. Microsoft – Microsoft is a Computer and software manufacturing Company. It holds
more than 75% market share and is the market leader and virtual monopolist in the
tech space.
example of Oligopoly
1. National mass media and news outlets are a prime example of an oligopoly, with
90% of U.S. media outlets owned by six corporations: Walt Disney (DIS), Time Warner
(TWX), ViacomCBS, NBC Universal, and News Corporation (NWSA).
2. Operating systems for smartphones and computers provide excellent examples of
oligopolies. Apple iOS and Google Android dominate smartphone operating systems,
while computer operating systems are overshadowed by Apple and Windows.
3. Automobile manufacturing another example of an oligopoly, with the leading auto
manufacturers in the United States being Ford (F), GMC, and Fiat Chrysler.
4. While there are smaller cell phone service providers, the providers that tend to
dominate the industry are Verizon (VZ), Sprint (S), AT&T (T), and T-Mobile (TMUS).
5. The music entertainment industry is dominated by Universal Music Group, Sony,
and Warner.
In monopolistic competition:
we still have many sellers (as we had under perfect competition). Now, however,
they don’t sell identical products. Instead, they sell differentiated products—
products that differ somewhat, or are perceived to differ, even though they serve a
similar purpose. Products can be differentiated in a number of ways, including
quality, style, convenience, location, and brand name. Some people prefer Coke over
Pepsi, even though the two products are quite similar. But what if there was a
substantial price difference between the two? In that case, buyers could be
persuaded to switch from one to the other. Thus, if Coke has a big promotional sale
at a supermarket chain, some Pepsi drinkers might switch (at least temporarily).
2. Hairdressers: A service which will give firms a reputation for the quality of
their hair-cutting.
3.Clothing: Designer label clothes are about the brand and product differentiation
3.A.
As this will be a new venture and one of the first for Walton laptops so in which
country you want to operate your business. The strategies you should take for
reaching global markets are:
Since exporting doesn’t require a company to manufacture its products in the target
country, the company doesn’t have to invest in factories, equipment, or other
production facilities located halfway around the globe. Most of the costs involved
in exporting are associated with finding a buyer or distributor in the destination
market. For these reasons, exporting is considered to be the quickest and least
expensive means to enter the global market. However, there are disadvantages, too.
Once products arrive in the destination market, the business loses control of them,
which can result in products being misrepresented, copied by other manufacturers,
or even sold on a black market. In addition, because the business isn’t active in
the new market, it can’t gain insight into or experience with local consumer
preferences and demand. This lack of information can create uncertainty and
potentially cost the company opportunities down the road. As you will learn later
in this module, businesses operating in other countries may find themselves subject
to taxes, regulations, and/or restrictions that can substantially affect the
profitability.
B.
The forces which can relatively effects your business operations in global markets
are:
3. Customs and Taboos: All cultures have their own unique sets of customs and
taboos. It’s important for businesses to learn about these customs and taboos so
they’ll know what is acceptable and unacceptable for their foreign operations. For
example, in Japan, the number four is considered unlucky, and product packages
containing four items are avoided by many consumers. In Middle Eastern countries
where Islamic law is strictly observed, images displaying the uncovered arms or
legs of the female body are considered offensive.
6. Business Norms: Business norms vary from one country to the next and may present
challenges to foreigners not used to operating according to the particular norms of
the host country. In business meetings in Japan, for example, it’s expected that
the most senior person representing an organization will lead the discussion, and
more junior-level colleagues may not speak at all. The role of alcohol in business
meetings varies widely by culture: In Middle Eastern cultures where alcohol is
forbidden, it may be insulting to serve or even offer an alcoholic beverage. In
China, many rounds of toasts are customary as part of formal dinner meetings.