Growth in the recession: boom amid the gloom
Article Abstract:
The current economic recession has not prevented entrepreneurs from establishing new businesses. In fact, the recession has been conducive to the growth of their new companies. These new business owners, whose companies are debt-free and relatively unaffected by high interest rates, has effectively exploited conditions in the recessionary environment. Low commercial property lease rate, cheap equipment and plants, and companies that can be purchased for a minimal cost are some of the conditions that these businessmen have taken advantage of. Their businesses, ranging from retailing and restaurants to medical equipment and tourist attractions, are usually rooted in cheaply acquired companies that are barely surviving the recession. Business ventures by Kevin D'Silva, Philip Wilbraham, Philip Ames and Roger Myers are profiled. Each cite careful management as the main recipe for survival and growth in the current economic situation.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1993
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From Kafka to cybercorp
Article Abstract:
Network-centric computing promises to transform the way global businesses function as corporations join the cyberspace revolution and become more agile, virtual, fluid and fast learners. Network-centric computing will help companies survive the transition from the industrial age to a cyber age dominated by global networks which share knowledge, information and expertise. The cyber age will witness the adoption of a cybercorp philosophy that involves complete reinvention of the way businesses define themselves. The cybercorp future has five key elements, namely, the speed by which events affect each other, virtualness, global reach, intelligent machines, and human creativity and imagination.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1998
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Defining High Tech
Article Abstract:
The definitions of high tech vary. For example, if an industry must employ at least one-and-one-half times the national industrial average of technology oriented workers, then forty-eight firms fit the criterion. But if the criterion is a ratio of R & D costs to net sales that is twice the national average, then six industries fit: drugs, computers, electronics, communications, aircraft, and guided missiles and space vehicles.
Publication Name: Research Management
Subject: Engineering and manufacturing industries
ISSN: 0034-5334
Year: 1984
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