1. How are businesses, in the new dynamic, managing their business plan? 2. Usin
ID: 424732 • Letter: 1
Question
1. How are businesses, in the new dynamic, managing their business plan?2. Using your home country or a country of interest, what are the cultural aspects which affect positively and negatively entrepreneurial activity?(Russia, Belarus, Ukraine) 1. How are businesses, in the new dynamic, managing their business plan?
2. Using your home country or a country of interest, what are the cultural aspects which affect positively and negatively entrepreneurial activity?(Russia, Belarus, Ukraine) 1. How are businesses, in the new dynamic, managing their business plan?
2. Using your home country or a country of interest, what are the cultural aspects which affect positively and negatively entrepreneurial activity?(Russia, Belarus, Ukraine)
Explanation / Answer
ANS 1: In this constantly changing business environment, ability to modify and implement fresh strategies quickly and fast is very important. Industrial changes, economic pressure, regulatory pressure and frequently changing customer prefrence can all impact the business's ability to produce and sell its products and services. Dynamic strategies of business can help to ensure that a business can respond appropriately to the changing environment that may represent both potential opportunities and various new threats for its operations. Following points should be considered :
* There should be flexible plan.
* Dynamic business strategies require businesses to pay close attention to variety of sources from business operations.
ANS 2: FOLLOWING FACTORS THAT AFFECT DEVELOPMENT ARE AS FOLLOWS:
* DISCRIMINATION : Sometimes social and cultural factors that hold back some poor countries. Discrimination is one of them. If there are certain group that are discriminated against country's productivity.
* POPULATION : There is nothing wrong, having a lots of children, as long as one can provide for them. With few children a poor household one can invest more in health & education that will lift living standards in future.
* CULTURE : As already mentioned the role of women but in culture there are hiden effects in business, development and trade.
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