Wednesday, February 19, 2020
1 Small Business Opportunities - Assignment Example Lending fund to small businesses and to the consumers at low rates is more profitable since more businesses will borrow thus providing fund to more small business (David, 2007). Lending of fund will expand the small business and the consumers and other retailers will benefit thus generating income and the economy becoming healthy. The federal government can use tax toolkit to consider my business and other type of businesses to boost the businesses in the market. Lower tax cut can be a powerful boost of the small business as an encouragement to ensure its continuity in the market. Another booster of small businesses is to give direct contract to them which will make it easier for the businesses not to compete with other large companies in the area (John, 2013). The federal government should advocate for direct contracts to small business so that they can encourage it and boost it. Historical underutilized business zone (HUB Zone) increases the chances of landing a government contract (Michael, 2004). The program encourages small businesses which are designated in high unemployment, where low income earners are granted contracts by the federal government. One of the criteria that I need to meet for my small business to be under Underutilized Business Zone is that the business must be owned and controlled by 51% of United States citizens. Again the business must have an office in HUB Zone and the employees of the small business must be living in the HUB Zone. The federal government has set a side $2,500 to $100,000 to small businesses. Since the business is in United States, I have the opportunity to get the contract from the federal government thus boosting the business. Since I have qualified to submit the relevant document for my business to become a HUB Zone company, then the federal government can offer HUB Zone contracts. The use of Smart Pay program manages a set of master contracts through
Tuesday, February 4, 2020
Multinational Enterprises Regulation - Essay Example From the report it is clear that international HRM is based on factors such as consistency, expertise, internationalisation experience, and resource power. These factors realise objectives such as the functional re-alignment of operations owing to a multinational corporationÃ¢â¬â¢s global operations, and the localisation of HRM policies when necessary. In the practice of HRM within the majority of multinational corporations, there is usually the transfer of the companyÃ¢â¬â¢s HRM practices and policies, which is referred to as Ã¢â¬Ëknowledge transferÃ¢â¬â¢, to various foreign organisational units. This process takes place in several stages as the multinational corporation in question first needs to determine what needs to be transferred, and then carries out the actual process of transferring the HRM knowledge. The last stage involves the utilisation, by the foreign branches, of the transferred knowledge.According to the essay findingsÃ the transfer process needs to not onl y occur from the multinational corporationÃ¢â¬â¢s headquarters to the foreign branches, but also between the subsidiaries themselves.Ã The transfer of HRM knowledge and practices to subsidiary organisations from the headquarters of the multinational corporation is based on the assumption that it is best for the organisation to make use of the most superior practices in order to retain its competitive edge over the local firms in places where subsidiaries are based.