Related Issues Corporate interests and actions can harm the environment In the developing world, many development projects have come under criticism for damaging the environmenteven when they are presented as helping it.
If you really want to help the poor, you have to go after the businesses that exploit them. According to a recent article over at Alternet, there are several billion-dollar industries whose sole purpose appears to be exploiting low-income families for profit.
And, without some big changes to our United States Congress, scamming poor people for money will remain a lucrative business model. The author of that recent article, Bill Quigley, listed six examples of these businesses, and explained how each industry preys on vulnerable Americans.
Another way poor people are taken advantage of is through predatory payday loans and car title loans, which lure desperate Americans into taking out loans with interest rates that often exceed percent of the amount they borrowed. And, as if those industries were not enough of a threat to most low-income Americans, they still have to face the unethical behavior of debt collectors and banking monopolies.
This is why so many Americans get trapped in a cycle of poverty.
And, good luck finding your next job or apartment in that scenario.Entrepreneurs' Decisions to Exploit Opportunities Factors of the resource-based decision to enter a market include first mover advantages, rarity, value to the consumer and firm capabilities.
Business environment includes the external and internal factors that influence a business. External factors include political factors, macroeconomic factors, microeconomic factors, social factors, and technological factors.
The 5 Key Success Factors Of Business (1) Managing and developing people – People today want some direction and structure, but they also want freedom and encouragement to . The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property.
Now, this can work for you or against you. Parents, school friends and social setting initially influence most people. As you venture into business you soon realize that customers, vendors, mentors and even competitors can play a big role in the success of your business.
Knowing how internal and external environmental factors affect your company can help your business thrive. External: The Economy. In a bad economy, even a well-run business may not be able to survive.