Decline of business brings growth opportunities
Autor: | Takeaki Wada |
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Jazyk: | angličtina |
Rok vydání: | 2019 |
Předmět: | |
Zdroj: | Annals of Business Administrative Science, Vol 18, Iss 1, Pp 13-23 (2019) |
Druh dokumentu: | article |
ISSN: | 1347-4464 1347-4456 |
DOI: | 10.7880/abas.0181119b |
Popis: | Many small and medium-sized enterprises’ managers hesitate to launch new businesses for the diversification or business change. In the case of new business launching by Yamato Industrial and Yamaguchi Kasei, decline of their existing businesses was a threat, and simultaneously, it has become an opportunity for launching new business, just as the saying “tough times bring opportunity.” In addition, the experience of launching a second business, rather than experience at startup, will motivate managers to launch businesses continuously. |
Databáze: | Directory of Open Access Journals |
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