Per Capita Income and Social Enterprise Essay

Submitted By Mitch-Horwart

Words: 482

Pages: 2

Open Document

1) I believe it is appropriate to consider Envirofit as a social enterprise. By definition a social enterprises primary goal is for the benefit of society and profit is the secondary goal. This is the exact formula that the creators of Envirofit followed. Also, if you look up the history of Envirofit on any website you will see that they are labeled as a social enterprise. The goal of Envirofit was to make these 2-stroke engines burn fuel in a cleaner way so that they didn’t smoke and would also save consumers money on fuel. They achieved this and it worked extremely well. As far as shared value goes I think that Envirofit originally was on the extreme of exclusively producing social benefits, but after realizing how profitable it was they probably moved more on the continuum towards the other extreme. Envirofit is attempting to solve pollution problems which will hopefully lead to less people getting sick. It offers it’s investors to save money on fuel costs like he said in the video that the smoke coming out of the exhaust is just burning money.
2) It is targeted at the base of the economic pyramid because that means that it’s a place that is a developing country where it is overpopulated and whose annual per capita income is very low. They targeted at this part of the pyramid because it is an emerging field of business and they saw opportunity. This impacts their business model in a positive way because they are able to achieve their triple bottom line objectives more easily in these types of economies.
3) The two biggest obstacles to overcome in order to launch the conversion kit in my opinion are:
a. Making the kit affordable enough for the people in these economies while managing to make a decent profit.
b. The barrier to entry in a

Essay N

York to China will be a success, since it will fit the Chinese culture really well. Chinese people love the brand that comes from out of China. In their culture, they love luxuries. People who buy a lot of luxury merchandise are usually the higher social level. It makes you look better when you are wearing a brand that is from out of China. The population in China 1344 million, and Shanghai is the one of the city that has over 1 million population. There are 16.60% off people are around age 0 to…

Words 427 - Pages 2

INTERNATIONAL BUSINESS ENVIR Essay

development, politics ,science and technology. The many substantial benefits of globalization include higher average incomes, greater innovation, richer cultural exchanges and improved standards of living around the world(Global Sherpa,2011). “Globalization in a more complex definition refers to a multidimensional set of social process that create ,multiply, stretch and intensify worldwide social interdependence and exchange while at the same time fostering in the people a growing awareness of deepening…

Words 6293 - Pages 26

Country Analysis Chile Essays

assessing opportunities in emerging economies, investors need to look at the size and the growth of the economy to help determine the value of any potential investment. One indicator of the size of a country’s economy is its gross national income (GNI), or GNI per capita. Investors interested in Latin American countries can compare a country in which they have interest to the countries in the LA6. The LA6 is a group of the six largest Latin American economies that the IMF uses in its models to monitor…

Words 4376 - Pages 18

Macroeconomics Research Paper

which per capita income rises over time. Growth theory attempts to model and understand the factors that are behind this process. It is a particularly challenging area of research because growth is extremely uneven in space as well as in time. Over the past millennium, world per capita income increased thirteen-fold, from $435 per person per year around the year 1000 to $5,700 nowadays. This contrasts sharply with the preceding millennia, when there was almost no advance in per capita income. Per…

Words 2358 - Pages 10

Essay World Bank Group

Development (IBRD) and the staff, consisting of engineers and financial analysts, was solely based in Washington DC. Today, The World Bank Group, consisting of five institutions, has a diverse staff that includes economists, public policy experts, social scientists and sector experts, more than a third of whom are based in country offices. The five institutions that are a part of the World Bank Group are:  The International Bank for Reconstruction and Development ( IBRD)  The International Development…

Words 2128 - Pages 9

Specilist Terms Essay

coastline. PLATEAU –An elevated expanse of land usually consisting of relatively level flat terrain. FERTILE – (Capable of) producing abundant vegetation and/or crops. TNCs – A firm that owns production facilities in more than one country. An enterprise that produces outside its country of origin and engages in international production. CASH CROPS – Agricultural crops produced for their commercial value rather than for personal use eg feeding livestock. Examples are wheat, cotton, tobacco and…

Words 900 - Pages 4

The Impact Of The RIM Company To Enter The Chinese Market Development And Business Industry

attempt to launch BlackBerry corporate e-mail services for enterprise customers in China, but the last was abandoned due to the network technology and other market factors.(BlackBerry Cool, March 14, 2006, RIM testing China market, Shanghai Daily) In 2008, after China's entry into the WTO, RIM also tried the BlackBerry into the Chinese market, but ultimately did not succeed. In the domestic market, RIM is mainly sold in two forms: 1. Enterprise directly with the Company for business users; 2.Smuggled…

Words 2154 - Pages 9

Economics Topic 1 Essay

Labour, Capital, Enterprise | Production possibility frontier | Describes the inputs that are used in the production of goods or services in the attempt to make an economic profit. Input decides the quantity of output i.e. output depends upon input. Input is the starting point and output is the end point of production process and such input-output relationship is called as "Production Function". | Productivity | How much output they can produce per factor of production per unit of time |…

Words 2320 - Pages 10

OD4612 Pet Insurance Industry Report Essay

Pet Insurance in the US October 2012 1 WWW.IBISWORLD.COM Safe and hound: Future is bright as pet’s esteem grows in households, disposable incomes rise IBISWorld Industry Report OD4612 Pet Insurance in the US October 2012 Andrew Krabeepetcharat 2 About this Industry 13 International Trade 2 Industry Definition 14 Business Locations 2 Main Activities 2 Similar Industries 16 Competitive Landscape 25 Industry Data 2 Additional Resources 16 Market Share Concentration…

Words 8944 - Pages 36

BBI FINAL Essay

relating to populations or communities Niche Market: The targeted group of consumers who need or want what you’re selling Consumer: A person who buys goods and services; a customer Producer: Individuals and/or businesses that make a product Economics: A social science whose central focus is how to allocate scarce resources among alternate uses Demand: The amount customers are willing to buy at a specified price Supply: The amount available for sale or the amount that sellers are willing to sell at a specified…

Words 710 - Pages 3