Business

Studies based on different countries and sectors have shown that about 60 percent of startups fail and leave the markets in their first five years after establishment. For instance, a recent study based in the U.S. found that...

The overall conclusion, therefore, would be that any wedding SMEs in Korea should consider the application of PPM tools to strategize and manage growth. Figure 7 can offer a skeletal of what to consider for such a developmental strategy.

So far, the study has proceeded to the point at which and the qualitative findings have been analyzed and fully discussed. In what follows the study will be wrapped up...

Rheingau Founders in Berlin has been one of the sound business incubators known for harnessing concrete business ideas in the industry. From this point of view, the essence of this incubator...

There are numerous positive consequences of business incubations. In particular, there have been several benefits identified around the survival of firms after graduation.

The chapter is structured such that it will first contain a display of the primary research findings. This data will be subsequently analyzed according to the theme each response addresses (as per the interview questions).

Stratified sampling where the firms were divided into subcategories based on their size (age) and where the participants were divided into subcategories based on their managerial levels was used in this study.

Recalling from the literature, strategies are essential for the wellbeing of an enterprise whether it is large or small. Further strategies can be either in form of a plan, ploy, perspective, pattern or position that is according to Mintzberg et al.

The CEO sounded more agitated answering that he had encountered the major challenge of reduced control. He claimed that as the firm grew, more and more managerial levels needed to be set up so as to manage the wide scope of the business.

Are you familiar with any helpful tools of growth management for activities such as scheduling, risk management, decision making or auditing? Both respondents said they were familiar with helpful...

The firm at this initial stage is mainly focused towards acquiring clients and customers and production of as many products as possible. The founder is the main supervisor and manager...

Strategies are defined as the long term plans set up to ensure proper operation of businesses. They act as game-plans for business enterprises and are important for the future wellbeing of any firm whether it is an SME or bigger.

The research methodology is structured such contains a description of the research onions from the research philosophy to the applied research techniques and procedures.

Every individual lives by selling some services, products, or ideas. Commonly, promotion and selling are considered as marketing. However, selling is the old sense of marketing.

These include all the factors outside the firm's control bit which otherwise pose a direct effect on the growth or fall of a business. They can be further categorized as bureaucracy, corruption, and rule of law.

This chapter introduces the background information of SMEs in Korea. It highlights the problem of the statement of the study, aim and objectives. The chapter also provides the hypothesis of the study, the significance and the definition of terms.

British Airways is amongst the world's largest airlines, and flies to about 94 destinations in the world. Service management in the airlines is something that is taken with very serious consideration in the company.

The wedding sector in Korea has been well explored by the two analysis techniques. In the SWOT analysis, it was evident that the industry has the potential of thriving greatly as has the PEST analysis.

If a firm makes it through the first phase, it transits to a growth evolutionary period that is direction-oriented since it has acquired a capable managerial body. Specialization and segmentation of the managerial body...