Category: Economy

FDI and SMEs

While FDI could be beneficial not only for MNEs but for SMEs as well, there are mountains of challenges that SMEs faces while trying to make presence in the global platform. For fear tucked into legal, cultural, procedural and other complexities, the SMEs prefer to remain within the domestic...

Creating value in goods gives sustainability to business

Designing and implementing appropriate strategies are fundamentals for a business to make profits and maintain sustainability. Strategies are planned actions to achieve goals. Differentiation strategies result in more value creation in a product, which means the consumers are willing to pay more for the product than its actual cost....

Creating a sustainable supply for business

For an international business, supply chain from finding raw materials until the finished goods are reached to the end users is very important. In an open global market, production within a country may not be profitable putting pressure on the companies to find a appropriate place for production to...

Exporting: First step towards getting international customers

Venturing into foreign markets requires details inquiries on ground scenario and based on the circumstances prevailing, a company must make choice from different modes of entry – exporting, importing, turnkey projects, licensing, franchising or foreign direct investment in the form of joint ventures or wholly owned subsidiary. Each of...

Australian banks and financial uncertainties

Australian banking industry is the least affected financial sector by Global Financial Crisis (GFC). It is strong, profitable and sophisticated. The financial sector in Australia is the largest contributor to the national economy. It contributed 11 per cent or $135 billion of real gross value to the national output...

Culture reflects how well you can do business

Politics is the major factor that spoils economic environment, beside natural disasters and calamities. Lets forget about the cracks within the economic theories whose implementation results catastrophic such as ‘Efficient Market Hypothesis’ nearly collapsed US economy in 2007-08. In recent days, I feel myself more interested to the cultural...