Tuesday, May 14, 2019
Entrepreneurship. Validity of Claim in Emerging Markets and Assignment
Entrepreneurship. Validity of Claim in Emerging Markets and Stakeholder division in making Claim Realizable - Assignment ExampleThe market itself has also been a counseling of discussion to identify key conditions and factors that make businesses succeed on acclivitous markets. Getting to the later opus of the series of lessons, there was focus on the role that various non-governmental agencies play in emerging markets to run across that businesses operating in these markets experience success. As Dr. Yunu makes this all important claim of how each person is a potential entrepreneur, the various ideas developed over the weeks merchant ship be summed up in reasoning with Dr. Yunu. In this integration paper, two major issues be discussed. The first is the potential that the statement of Dr. Yunu has in becoming a reality in emerging markets, and the level to which various stakeholders boast played their role in facilitating entrepreneurship and Dr. Yunus idea. Validity of Claim in Emerging Markets Generally, there has been a realization that most people who ar entrepreneurs in various emerging markets, particularly in N-11 countries are non people who are human acclaimed entrepreneurs with records of setting up blooming and flourishing multinational companies around the globe. Considering various business plans, it would be discover that most of these entrepreneurs are ordinary degree holders in various subject areas, with some kind of cockiness to succeed (Dib, da Rocha and da Silva, 2010). In relation to the statement of Dr. Yunu therefore, it can be said that as far as emerging markets are concerned, there is a huge level of possibility of the claims to be reality. Having said this however, lessons from previous weeks discussions on leadership qualities would also bring in a word of attention that as much as all people would want to attempt to be entrepreneurs, it is important that efforts are made on the need to learn and acquaint oneself with k ey leadership and entrepreneurship skills when operating in an emerging market (Naude and Rossouw, 2010). The fact that most emerging markets are not in truth developed must not be a reason or a cause for entrepreneurs to overlook the kind of competition they can present their businesses with. Stakeholder contribution in making Claim Realizable The weeks gone have also been very useful in understanding the roles that governments and other stakeholders such as nongovernmental organization have to play and have been playing in various emerging markets. As far as governments are concerned, a share have been said as criticism against their actions and efforts so far. For example, most governments in emerging markets, particularly the Brazilian government has been criticized for doing virtually nothing to too little in ensuring that the form of arrest it gives to newfangled entrepreneurs, specially those coming from foreign countries are financial reinforcing stimulus (Cahn, 2008). Meanwhile, as much as the other forms of support are important and relevant, even Dr. Yunu admits that financial constraints remain the most challenging obstacle to most young entrepreneurs who would have wanted to make the advocacy of his claim a reality by beginning businesses in emerging markets. Currently, the commonest forms of support that exist for various entrepreneurs come in the form of political and environmental support as against economic support (Thukral et al, 2008). For the example, the likelihood that an entrepreneur will face opposition in the opening of a new venture in an emerging market such as Brazil is extremely unlikely. But except one is an indigenous or local entrepreneur, the possibility of receiving support from the government is around zero. The reason this is so is that government sees
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