provided impetus to the authorities to increasingly cater to the emerging financial needs of the SMEs. Bank and Institutional finance are expected to be made available on easy and flexible terms and conditions and on priority basis. Small and Medium Enterprises(SMEs) are hit by poor access to funds. This can be overcome if financial institutions are able to assess firm- specific and general risks and offer innovative products. This as per my personal opinion can be achieved by the formal financial institutions
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This is especially helpful to large enterprises with thousands of employees because their HR departments are usually spread around the globe‚ and eliminates wasted time trying to find information‚ and cuts cost between inter-departmental groups. PeopleSoft tracks all the information pertaining to each employee‚ such as their benefits‚ payroll‚ pension‚ and stock allowances. Since this information is stored in a central location‚ it is possible for other enterprise applications‚ such as Microsoft’s
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SMEDA ER team under its enterprise development program is in process of enhancing the capacities of local people of flood affected areas through incubation and Grants. SMEDA ER is considering the potential for entrepreneurs in Hisara Yasinzai of distt. Charsadda and decided to conduct a micro incubation activity for potential individuals and deliver a Grant for financial Support as a sure shot and quick means of developing new micro enterprises and strengthen the existing. Legal/business aid provided
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environmental benefits A social enterprise is an organization that applies commercial strategies to maximize improvements in human and environmental well-being‚ rather than maximising profits for external shareholders. The idea of social enterprise has a long history around the world‚ though under different names and with different tendencies.[5] Whilst many social enterprises will today accept finance and other forms of support from the state‚ they are essentially enterprises that seek independence from
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communities‚ cooperatives and philanthropists will be introduced. Then‚ definitions of SE extant literature will be presented. Two significant streams in the definition of SE are derived‚ one is social innovation (SI) and the other one is social enterprise organisation (SEO). Following this a synthesised definition of SE is suggested as an umbrella term for any “entrepreneurial activity with an embedded social purpose” (Austin‚ Stevenson‚ & Wei-Skillern‚ 2006). 1. Historical background 2. Definitions
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Business Strategy Introduction • Founded in 1977 by Larry Ellison‚ Oracle is a relational database management company whose products are used in many Fortune Global 100 companies • It underwent a few name changes before finally settling on Oracle Corporation so as to mirror its successful flagship product‚ Oracle database • Oracle is publicly traded on the Nasdaq and has grown globally having offices in more than 145 countries with over 80‚000 employees worldwide • It provides a number of
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the problem of resource wasting. We have confidence to change the crusher image of cumbersomeness‚ high energy consumption and high resource waste‚ trying to strength the enterprise!” This appraising meeting’s success proves DSMAC’s leading position of new materials’ researching field‚ and also a encouragement for the enterprise to strive in this area to put forward the industry’s development. Finally‚ the most mentioned thing is DSMAC’s discount on crushing spare parts right now. From now on to
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manner” (Desa and Kotha‚ 2006). This feature – i.e. the twin cornerstone of intentionally addressing a social need and safeguarding a financial return – associate them to social enterprises (SEs)‚ that are commonly defined as those organizations that have primary social objectives‚ but seek to achieve them through forms of enterprise and trading (Austin‚ Stevenson and Wei-Skillern‚ 2006; Haugh‚ 2007). SE’s disruptive idea is the ability to generate a new business model that grounds on the provision of goods
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Social Business * Tahmid Md. Istiaq Arman Social Business was first defined by Nobel Peace Prize winner Prof. Muhammad Yunus‚ as a non-dividend company that is created to address and solve a social problem. In a social business‚ the investors/owners can gradually recoup the money invested‚ but cannot take any dividend beyond that point. The purpose of the investment is purely to achieve one or more social objectives through the operation of the
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there has been strong growth in the studies of social entrepreneurship on the level of business administration and microeconomics. This has been especially the case since Muhammad Yunus‚ founder of the Grameen Bank and a renowned example of a social enterprise‚ won the Nobel Peace Price in 2006. However‚ the increase in academic interest has largely been confined to case studies or efforts to find a common definition of social entrepreneurship (Pariyar and Ward‚ 2005‚ p.1). What the current academic
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