bangun n kelola kwh

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    Made by : Patricia Leoni Erva SugihartoAloysia Jessica Fahrudini Kamilia

    ENTREPRENEURIAL STRATEGIES

    AND BUSINESS ETHICS

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    A great company begins with a vision

    Vision : a bold view of what the company canbecome

    3Ms scotch tape, Post-it Notes, Motorolas

    cellular phones

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    Important characteristics to be a greatentrepreneurial leaders :

    They inspire trust

    They inspire passion

    They inspire innovation

    They inspire optimism

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    Core Values

    Fundamental beliefs that the business holdsabout what is important in business and in lifein general.

    How to make :

    1. Purpose

    2. Mission

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    THE STRATEGIC VALUE OF ETHICS &SOCIAL RESPONSIBILITY

    Ethics : moral code by which we live and itderives from the cultural, social, political, andethnic norms by which we were raised aschildren

    Small business owners are tempted to pushthe limits of ethical business in the name ofsurvival

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    Ethical dilemmas can be found in 4 majorareas:

    Conflicts of interests

    Survival tactics

    Stakeholder pressure small

    Pushing the legal limit

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    The socially responsible small business

    Today an increasing number of companies are doingmuch more than simply earning profits in an ethicalmanner

    Social entrepreneur are distinct from other types ofentrepreneurs because they start their businesses witha social mission and they face different challengesthan their for profit counterparts

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    5 abilities socially responsible businesshave :

    Value based Public Relation

    Stakeholder involvement

    EthicsCommunication with stakeholders

    Accountability

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    A framework for understanding smallbusiness environment

    1. Carrying capacity

    2. Dynamism

    3. Complexity

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    INDUSTRY STRUCTURE & COMPETITIVESTRATEGY

    Barriers to entry the industry :

    1. Economies of scale

    2. Brand loyalty

    3. Capital requirements

    4. Switching costs

    5. Access to distribution channels

    6. Proprietary factor

    7. Government regulations

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    Threat from substitute products

    Threat from buyers bargaining power

    Threat from suplliers bargaining power

    Rivalry among existing industry firms

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    How do small business compete?

    Does the business have the resources and capabilitiesnecessary to take advantage of opportunities in theenvironment and neutralize threats?

    How many competing firms already own the samevaluable rsources and competencies?

    Do firms without a resource or capability face a costdisadvantage in obtaining it?

    Is the firm organized to take full advantage of itsresources and capabilities?

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    Strategy & structure in a growing business

    Time Frame

    Short termobjective

    Long termobjective

    Focus

    Internal

    exploit existingassets

    develop carecompetency

    External develop image

    build strategicalliances

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    Strategic alliances

    A strategy alliances or partnership with anothercompany is distinguished from the nependentcontractor relationship in that it is a more formal andtypically closer relationship

    3 type of relationship :

    1. Diversification

    2. Experience in bearing this form of risk

    3. Excess capacity

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    3 theoritical related to strategicalliances :

    Transaction cost economics

    Agency theory

    Team production theory

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    Choosing an entry strategy

    Niche

    Differentiation

    Cost superiority

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    FINISH