ipl-logo

Wellbeing Entrepreneurship: A Case Study

1654 Words7 Pages

1.1 Introduction
Hill (2011:6) states that the world is moving away from self-contained national economics towards an independent, integrated global economic system. Hill (2011:7) also points out, that globalisation is a process of interaction and integration among people, companies and governments of different nations which is driven by international trade and investment and aided by information technology. On the other hand, Prus cited in Hartungi (2006:729) defines globalisation as “a process of increasing connectivity, where ideas, capital, goods, services and people are transferred across borders”. Globalisation has effects on the environment, on culture, on political systems, on economic development and prosperity on human physical wellbeing …show more content…

According to the case study the XSML and Warburg Pincus have been making huge capital investments into this region. In accordance with the definition of an entrepreneur these companies are investing despite the fact that there are risks associated with these investments. “The Buoyance stems from the growing mining sector and a robust economy in the country.” This statement directly from the case encapsulates exactly why entrepreneurs are investing in the region. The case study also states that this will now attract more private capital thus enabling more entrepreneurs to invest in the region. The increase in entrepreneur’s attraction to this Region is pivotal to expansion through Global Investments. This will also create job opportunities for the locals because the case study mentions that the youth wander through the streets looking for opportunities to make a living. An increase in employment will add to the economic growth of the …show more content…

In this region according to the case study there is a definite need for investment in logistics and storage for non-agricultural products. The Agricultural sector and cold storage facilities are also a market sectors that have great potential and investors will definitely have good returns and this will also create job opportunities as well as increasing the production of food products. The other market with great potential that is emerging in this region is containerization. The case study mentions that there is an increase of cross border trading place in the Great Lake Region, however, the article also refers to the need for better transportation modes, roads and infrastructure. The need for Containerization emerges from this and according to (Pettinger, 2009) Containerization has transformed the transport industry, by reducing costs of shipping goods

Show More
Related

  • Traverse City Research Paper

    467 Words  | 2 Pages

    Traverse City Michigan is a small town in Northern Michigan, with a port, an airport, a rail system running through it, and lots of roads. While there is most likely the most freight carried through trucking on the roads, I would like to talk about the shipping industry. Because Traverse City is located with access to the Lake Michigan there is obviously a great deal of materials shipped over the water. Water is the cheapest, besides pipeline, of the 5 major transportation modes; if a city is located on the water it makes sense to take advantage of it. According to the Michigan Department of Transportation in 2009 the port of Traverse City transported somewhere between 100,000 and 900,000 tons of freight.

    Read More

  • Jagdambay Exports Case Study

    1681 Words  | 7 Pages

    This paper explains the U.S. financial system to CFO of Jagdambay Exports. I will explain the following questions. 1. Explain the components of a financial market and its relevance to Jagdambay Exports. Be explicit and explain to the CFO how financial markets differ from markets for physical assets and why that difference matters to Jagdambay Exports.

    Read More

  • Five Forces Analysis Of UPS

    1297 Words  | 6 Pages

    4. The Micro Environment – ??? To determine the best strategic position, it would be essential to understand the landscape of UPS is situated in. Hence, Porter’s five forces analysis is performed to comprehensively discuss the logistics industry in the European Union.

    Read More

  • How Did The St Lawrence Seaway Affect Canada's Economy

    1626 Words  | 7 Pages

    “...in 1977 a change in legislation converted the Canadian Seaway Authority debt to equity held by Canada… this change has been successful” (Hamelin, 2014). This proved that the St. Lawrence Seaway, although a very expensive investment, was worthwhile as a large source of income while saving money on transportation. Another benefit is that Canada is able to export more resources, earning a large profit while at the same time revealing its independence in the world market. Before the completion of the St. Lawrence Seaway, Canada was an importer of iron ore until this new and reliable method of transportation was able to freight large amounts of the raw material, hence making the country an exporter. Iron ore is now the largest commodity exported; other large commodities include grain and coal (Shaw, 2009).

    Read More

  • Cravia Inc Case Study

    1219 Words  | 5 Pages

    Despite a few instabilities and turbulences during the 2008 financial crisis, Cravia has taken many scholars, businesspersons, and financiers by storm due to its remarkable growth

    Read More

  • Disadvantages Of Globalization In Russia

    904 Words  | 4 Pages

    The idea of “Globalisation” has successfully brought people and nations of the world together by the increased of non-territorial social activities, the growing speed of transportations and communications, and the rise of cross-border interconnections. Globalisation is everywhere, it is a combination of environment, culture, society, politics and economy. Economic globalisation is one of the most influential aspects to globalisation in this modern society, which introduces free trade, marketisation, liberalisation and the movement of labour. However, local and international may share different economic views, as to contrast this, two same news items on August 20th, 2014 covered by The Moscow Times (Reuters 2014) as local perspective and The Wall Street Journal (Hansergard 2014) as international perspective, are being used for the study. European markets are affected by the conflict between Russia and the West over Ukraine, especially the beer industries are now further suffering low consumer spending in Russia since last year restriction on beer.

    Read More

  • Globalization Case Study: Amazon

    1105 Words  | 5 Pages

    I. INTRODUCTION a. BACKGROUND: Globalization is a process of interaction and integration among the people, companies, and governments of different countries, a procedure compelled by international trade and investment, and supported by information technology. Furthermore, this process has an effect on various other systems such as on the environment, culture, political systems, economic development and prosperity and lastly, on human physical well-being in societies around the world. “Since 1950, for example, the volume of world trade has increased by 20 times, and from just 1997 to 1999 flows of foreign investment nearly doubled, from $468 billion to $827 billion” (York, 2016). Technology has been another primary driver of globalization,

    Read More

  • Essay On Maritime Industry

    2195 Words  | 9 Pages

    According to iRami (2012) stated that the shipping plays an important role in world trade which is the backbone of the world economy. Recently, without these boats and vessels provide transportation services, many countries will be unable to participate in world trade and will not be as prosperous. From centuries past, the sea has always been important to all country at the world which as an important factor of economic development of every maritime country. The maritime sector contributes significantly to the economic development. Underling this is the fact that 95% of the country international trade is carried in whole or in part by maritime transport.

    Read More

  • Wto And Globalization Essay

    1014 Words  | 5 Pages

    What can be defined by economic globalisation is the increasing economic integration and interdependence of national, regional and local economies across the world through an intensification of cross-border movement of goods, services, technologies and capital. Whereas globalisation is a broad of set of processes concerning multiple networks of economic, political and cultural interchange, contemporary economic globalisation is propelled by the rapid growing significance of information in all types of productive activities and by the developments in science and technology. Some theorist also defined Globalisation as a historical stage of accelerated expansion of market capitalism, like the one experienced in the 19th century with the

    Read More

  • Pros And Cons Of Globalization In The Textile Industry

    954 Words  | 4 Pages

    The exceptionally notoriety of the word 'globalization’ signals a require for caution. The word was barely utilized some time recently the late 1980s, indeed in scholarly circles, but nowadays you can barely open a daily paper without experiencing the term. It might effortlessly show up to is an elegant name utilized to assign wonders around which one has as it were the vaguest thoughts. However to dispose of the concept of globalization, and the huge consideration agreed the marvels it envelops, on such grounds, would be silly. There is a genuine require for a common, non-specific term to portray the complex, multi sided ways in which the world is inter-connected, and progressively so.

    Read More

  • Disadvantages Of Globalisation Essay

    956 Words  | 4 Pages

    MINI REPORT ARE THE BENEFITS OF GLOBALISATION GREATER THAN THE DRAWBACKS? In my perspective, globalisation is a practice by which the world is becoming progressively connected as a result of immensely increased trade and cross culture diversity. Globalisation enhances the use of outsourcing and offshoring products.

    Read More

  • Essay On Causes Of Globalisation

    2111 Words  | 9 Pages

    Introduction Globalisation is the process that brings together the complaints nations of the world under a unique global village that takes different social & economic cultures in to consideration. First this essay will analyse globalisation in a broader term, second the history and foundation of globalisation that were intended to address poverty and inequality, third the causes that lead to globalisation and the impact that globalisation has on the world’s economy. The participation in the global economy was to solve economic problem such as poverty and inequality between the developed and developing nations. What is Globalisation?

    Read More

  • Saudi Arabia Pest Analysis

    1062 Words  | 5 Pages

    There is stability in politics and it is undergoing slow political reforms. For the first time in 2005, the local ruling body was held and more such reforms are being expected in the near future. Even though the king has tried to bring some reforms, namely the initiation of a legislative council and local elections, the country 's traditional practices and religious norms aren’t being compromised in the process. The conservative judicial system has no separation of powers and the final decision maker is the authorized judge by the king. Although there is a drive in their economy for foreign investors for sectors such as power, aviation, and telecom etc.

    Read More

  • Literature Review On Startup

    984 Words  | 4 Pages

    This is all because of the encouraging fiscal and monetary policies. The government is also very keen in encouraging the budding entrepreneurs. There are many fund houses now coming forward to provide funds and at the same time act as incubators. The FDI policies are also very encouraging; thereby the additional funds from other countries are also coming to our country. The same is also mentioned in “The Wall Street Journal”, the investments in Indian Start-ups are increasing over the period of last 5years, with the increase in the number of

    Read More

  • Swot Analysis Of Shipping

    2757 Words  | 12 Pages

    Introduction Shipping is one of the essential and fundamental means for transporting any merchandise worldwide. Transport of goods in the shipping industry is segment into three sections – bulk carriers, containers and specialized cargo. The shipping industry is an important key element in the economic growth chain and globalization process, bringing countries closer together. A sustainable and viable shipping industry will improve and enhance the imports and exports in the country. Wilh.

    Read More

More about Wellbeing Entrepreneurship: A Case Study

Open Document