Technically a winner
Article Abstract:
There are not enough venture-backed, technology-based new companies being established in the UK. This was pointed out by a recent report published by the Confederation of British Industry, which also stressed that these firms are vital to the economy since they stimulate innovation, spur new technological developments and provide sources of new growth. Some claim that it is difficult to obtain venture capital in the country because of the 'negative connotations' of technology for many investors. There are presently only about six venture capital companies in the UK that invest in risky market sectors. Another barrier to obtaining financing is the scarcity of high quality management teams in high-tech start-ups. Statistics show that strong management is vital to the success of a new business venture. Entrepreneurs looking for funding may consider finding partners with business experience and can attract finance, or seeking out business angels.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1997
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The American invasion
Article Abstract:
US companies are establishing operations in Europe in increasing number. About 40% of overall foreign investment by American firms were directed at the EU. Setting up operations in Europe eradicates transatlantic shipping and duty costs, provides an opportunity to expand globally, and offers new sources of labor. Of the US companies with a European presence, 40% have chosen the UK as their European location, amounting to $140 billion in total investments in this country. The UK is favored because of its historical and political affinity with the US, economic stability and good political condition, accessibility to the rest of Europe, and availability of needed skills. Companies intending to expand their operations in Europe may consult with the different European government economic development agencies, private sector consultancies, internal industry contacts, trade associations, European customers and the US Dept of Commerce.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1997
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The power behind acronyms
Article Abstract:
Properly managed manufacturing and design automation can improve companies' efficiency and competitiveness. Some of the technologies that have become important in manufacturing include computer-aided design (CAD), computer-aided manufacturing (CAM), computer-numerically-controlled (CNC) machinery, and computer-integrated manufacture. CAD, CAM, and CNC allow manufactures to: reduce product lead times; increase the flexibility of machinery; increase product quality; and gain better control over production processes. To take advantage of what manufacturing automation has to offer management needs to know exactly where manufacturing problems are and needs to be prepared to make major changes in organizational relationships.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1989
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