Business Research for Decision Making Essay Example | Topics and Well Written Essays - 250 words

Business Research for Decision Making - Essay Example both of his sons are not keen to follow in his footsteps and the debate ensues over the implications of family control on the overall performance of the Larouche Candy Company (Bougie and Sekaran, 2013). For this reason, they hired an external consultant, Paul Thomas Anderson, to conduct a business research on the company. A business research is a process that is objective and systematic where one gathers record and analyzes data with the aim of making an informed business decision. The project done on the company is a research project because it will study the pros and cons of running a family business. Paul will provide evidence to show the difference in performance between family owned business and non-family owned business. The truth is that family owned businesses still remain competitive in the market and their performance is almost similar to the other businesses (Barontini and Caprio, 2005). It is good that they decided to hire an external consultant to research on the Larouche Candy Company. External consultants are able to give an informed decision that is not biased. Luc can provide data on the business performance in the years it has been handed down the generations. This will assist Paul as he compares the data with other competing businesses. The basic research can help Paul solve the problem in the company. This is because research shows that family owned businesses perform when the family member does not hold an executive position (Allouche, 2008). Therefore, one of Luc’s sons can take control over the business, but let another person make decisions about its

Neoliberalism, growth and Accumulation Essay Example | Topics and Well Written Essays - 1000 words

Neoliberalism, growth and Accumulation - Essay Example On the other hand, Japan went through a period of economic stagnation resulting from declining land prices while the unification of Germany also contributed to the slow economic growth in Europe. Essentially, all these observations imply that after the neoliberal changes that occurred from the perspective of the state and economy, the macroeconomic variables including inflation, interest and unemployment rates and aggregate outputs were affected (Glyn, 2006). In view of this, this paper will examine to what extent the macroeconomic variables of the neoliberal era are the result of neoliberal changes to the state and economy. By the 1970s, neoliberalism was increasingly becoming the prominent governance form in many economies of the world with its political ideals of liberating markets from governmental influences and interferences (Kotz, 2002). Seen as another way of looking at finance-led capitalism, neoliberalism was adopted in the place of capitalism after 1978. Neoliberalism came into being as a theory of political-economic practices founded on the notion that the well-being of humans will be guaranteed when individual entrepreneurial skills and freedoms are liberated in institutional frameworks with private property rights and free markets (Harvey, 2005). It follows, therefore, that neoliberal ideas and changes altered the way states operated and heavily promoted market-based economies that valued competition and efficiency highly. According to Campbell (2005), it was the exit of the state from its role in managing capital that led to the success of free markets and led to exceptional growth especi ally in the US. Therefore, financial liberalization led to growth in aspects such as consumption, investment in private business, financial internalization, land prices and technological productivity (Glyn, 2006). However, it is imperative to note that such growth and stability was mainly in the US because globally, the economy was facing