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How small businesses can win globally

How small businesses can win globally

  By Mona Pearl Guest columnist Business leaders today have the skills and finesse to identify and execute great deals globally. It’s the soft issues that surface on the international stage that cause unanticipated and disastrous problems. Most of the challenges occur when executives don’t understand the business culture and customs of the target market and don’t do sufficient […]

Entrepreneurs’ motivation may determine job creation prospects

Entrepreneurs’ motivation may determine job creation prospects

It pays to know the difference between “necessity” entrepreneurs and “opportunity” entrepreneurs, Eva Pereira suggests in a Forbes blog that explores entrepreneur-led economic development in Haiti, where the unemployment rate has been 75 percent. Pereira cites data from the Global Entrepreneurship Monitor, a nonprofit research organization, suggesting entrepreneurs who sell their wares on the streets […]

Entrepreneurs build wealth in China

First-generation entrepreneurs lead the pack of those creating wealth in China, a New York Times blog reported. A study by Bain & Co. suggests the number of Chinese individuals with 10 million renminbi, or about $1.5 million, in assets will hit 585,000 this year, twice as many as in 2008. And many have made their […]

Growing European e-commerce market presents opportunity

Europe’s e-commerce market surpassed the U.S. market last year by generating $182 billion in sales, up 12.5 percent from the prior year, Chicago-based Internet Retailer reports. American-owned businesses generated about 12 percent of Europe’s e-retailing sales. The U.K. market, which is the largest in Europe, saw e-commerce sales climb 23 percent last year from 2009, […]

McKinsey: India’s mobile use to take off

New research by McKinsey & Co. suggests India’s digital content consumption could double to $9.5 billion by 2015 as the number of Internet users climbs fivefold to 450 million. Growing usage of mobile devices is fueling the trend, as many Indian consumers forgo computers for less-expensive smart phones, the study indicated. The growing market should […]

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