Industry Eight Small/Medium Entrepreneurial Ventures Inner-City Paint Corporation Donald F. Kuratko and Norman]. Gierlasinski (Revised) HISTORY Stanley Walsh began Inner-City Paint Corporation in a run-down warehouse‚ which he rented‚ on the fringe of Chicago ’s" downtown"business area. The company is still 10cated at its original site. Inner-City is a small company that manufactures wall paint. It does not compete with giants such as Glidden and DuPont. There are small paint manufacturers
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listeners‚ live in run-down homes‚ or impoverished areas‚ usually being inner cities. The National Music Bureau also reported that in the 66% of the listeners of Rap who are under the age of 19‚ 86% of those teen-agers are black. Along with that fact‚ many of the artists sing about their ghettos‚ and their past ways of life‚ which included‚ drugs‚ sex‚ murder‚ and alcohol. The listeners of rap living in run down areas in the inner cities see themselves in the same situation as many of the rap artists’
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assignment is to analyses Inner-city Paint Corporation‚ with focus on its present position and possible changes for the future. First‚ let me introduce this company: Inner-city Paint Corporation is a small company that manufactures wall paint and is located in Chicago. The main product is flat white wall paint‚ the major customer is small and medium sized decorating company. Because of its fast service‚ the company had been operating normally. Stanley Walsh is the manager of inner-city Paint Corporation
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As a result‚ its conclusions generally argue that the poor are not much different from the rest of the population. In “ The Causes of Inner City Poverty…” Michael B. Tietz said‚ “They have less money‚ but their poverty status will usually not be permanent as their life circumstances change” (Tietz‚ 2007‚ p.120). If more organizations and outlets of help were established and providing for
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Problems with Poverty Inner city poverty has significant effects on a child’s development; however‚ their are ways to build resilience. As of this rapid developing problem‚ multiple residences in the inner city locations are getting swallowed by the debt taker. Moreover; it is not only the parents that are in deep trouble! The kids are just as exposed as the parents and resistance is getting tougher and tougher. Effects of growing up in poverty most of the time brew later in an individual’s life
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GunViolence in Metropolitan Areas In the United States National Vital Statistics report written by AM Minino in 2002‚ it was indicated that annually there are about 30‚ 000 people who die because of firearm injuries. And within the United States 28‚ 663 deaths have been caused by gunshots and these are mostly suicidal acts. Some of the facts in the report say that next to suicides are homicides with the use of guns and the third highest numbers of deaths due to gun violence are unintentional shootings
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1a. Strengths: Cheap Rent / Low Overhead Costs Due to Inner-City Paint’s location‚ as well as the condition of their manufacturing facility‚ the rent is significantly low. This assists the business with a low-cost strategy and gives a competitive advantage since they can focus their expenses on other aspects of the business. Cheap Employee Wages Being a nonunion organization‚ ICP can set lower wages for its employees. This strategy can help the business keep wage expenses at a minimum
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Hulme City Challenge‚ Manchester Initial Problems Hulme used to be Manchester’s most deprived area. Poor construction led to dampness‚ leaking roofs and cracks in walls. Electrical heating increased condensation and corroded the internal structure. Cockroach infestations reported regularly. Vacant units were increasingly let to families lower down the housing list. Cosmetic attempts (e.g. redecoration) increased costs but had little impact. A child fell from a balcony in 1970. Crime rates
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come together to lead to a change in prospect and a difference in the futures of many youth born into a cycle with no choice. There are many negative effects of growing up in a high poverty area. Violence is a reality for youth that grow up in inner-city poverty. New studies have shown that children growing up in these areas are actually experiencing psychological changes due to violence and other effects of poverty due to the over stimulation of their frontal lobe. The frontal lobe controls instincts
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quality Internal Weaknesses: 1.Low financial resources 2.Lack of domestic & international presence 3.Lack of management & financial controls 4.Unskilled employees 5.Difficult financial straits B. Review of Mission and Objectives Inner-City Paint Corporation’s current mission and objectives aren’t appropriate in light of the key strategic factors and problems. The mission and objectives are to general and can be expanded. With the companies strengths and opportunities‚ they should
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