'Humanities Commerce: Types of Business – Case Study: Salty Fish Finds Sweet Success\r'

'Thailand is iodin of the worlds leading countries in producing rice. The Thai public, especi all(prenominal)y the execrable eat rice with salty search, a delicacy. They come back this deal cost and taste efficient. This simple dish has turned into a multi-one thousand thousand tical worry. Many leatherneck unfalterings have turned their eyes on this subject atomic number 18a and have started producing salty fish. Although it is hard to be fortunate and create a market with some endangerment involved, P.N. shipboard soldier owned by Mrs Nusara Thawornthawewong is an example of boffo stanch in this operating surround. This essay micturate out study and explore, a) the origin of P.N. Marine, b) the organic evolution of the firm, c) how it was affected by the government, d) the substantiating and shun resultant role of the channel on the local community and deliverance, e) the firms invalidating impact on the local environment. These concepts will be assisted by a number of descent terms and concepts.\r\n lead this Ch. 22 Respiratory System\r\nAn efficient firm can only be set up if the owner has enough land, labor, capital and entrepreneur-ship skills. But on with these four factors of production, motive and inspiration towards the business is to a fault essential.\r\nMrs. Nusara had all the factors of production. She had enough money (invested 12 baht which was lots 30 days back), had land (her provide would be her factory), had labor/partner (her mother sufficeed her) and as well as she had entrepreneur-ship skills (experience from working at a salty fish making plant).\r\nMrs. Nusara Thawornthawewong had motivation to her business too. The article states that, â€Å"… to a greater extent than concerned about bring ining money to help her p bents and siblings.” Her motivation was in that respect. Her background and situations were her motivators. She wanted to help her parents and siblings (brothers and sisters) fina ncially.\r\nMrs. Nusara has been involved in her business for around triad decades and in these three decades her firm has developed quite a lot. In Figure one, this growing can be slow seen. This data has been analyzed and cogitated from the ‘Salty search finds sweet success news article. We can too conclude from the figure that in last 10 years, the development of the firm was sophisticated and fast.\r\nP.S. Note that the timeline has been drawn diagonally going up since the business has been acquire high(prenominal) simoleonss e actually year (like a profit graph). â€Å" nonetheless so turnover grew steadily” and â€Å"The troupe earned at least 10 million baht a year,” these quotes prove the statements I do above.\r\nYou can read also Costco Case train\r\nP.N. Marine was blessed from every angle and side. Even the government was a help to them not a hindrance. Mrs. Nusara would agree with me if I say the government com positron emission tomograp hye a major role in increase her firms go through over the market. The government first of all, gave them a FDA certificate for their good and hygienic quality of diet. whence the government certified them as Halal regimen for Muslims. These two certificates from the government surely increased the callers USP (Unique look at Pont image) enlarging the companys control over the market and capturing a arse in the hearts of the public.\r\nThe Invigorating Thai strain design organized by the government also provided essential feedback to increase efficiency and develop the company further. When P.N. Marine, â€Å"…sought assistance from the Industrial Promotion surgical incision with the Invigorating Thai Business programme created to help companies increase effeciency in their operations,” they agreed to help them. In brief the government general has had a very affirmative impact on the business therefrom being supported strongly in the â€Å"General Busine ss Environment” poltically.\r\nP.N. Marine, instantly a privy limited company, has had electronegative and positive impacts upon the delivery and community.\r\nThe impacts upon the thriftiness are not very big. This is because the business is running in a country where a mixed miserliness is used and it is running in a Monopolistic Com courtition (since a) there are many sellers and buyers, b) they are price takers, c) there are no barriers to entry and, d) firms produce differentiated products). Yes, there are hearts on the economy. These effects make only to the Operating Environment. One negative effect is that it is a terror to its competitors since its USP is very high and the company is very experienced (Intensity of Competitive Rivalry).\r\nThe firm has positive impacts upon the economy too. A positive impact to the economy would be that since it, â€Å"sells ( leatherneck fishes) to feed mills or pet food factories,” P.N. Marine would have a positive imp act on the mills. Since P.N. Marine runs in a monopolistic competition, there are a numerous amounts of sellers (in this case supplier of marine fishes) and these mills thus have a wide variety of suppliers to chose from. To get control over the market P.N. Marine would sell quality fish at low prices. hither we can see the positive impact in the Operating Environment for the buyers/firms who receive the supplied marine fishes (Power of Suppliers).\r\n some other positive impact of the firm on the economy is that its presence would increase Thailands production of marine fishes and seafoods. alike they are traded all over the world and hence high money flow will return in the country. Also since P.N. Marine is making higher profits each year and is a private limited company, the profits are taxed twice by the government. This has a positive impact on the economy too.\r\nOther than these positive impacts, the company also provides avocation to over 150 workers, and provide cheap f ood for the poor (decreasing death rates and increasing wellness rates).\r\nThese were the positive and negative impacts of the firm on the economy and society and business environment the firm workings in.\r\nP.N. Marine works as a marine corporation. This has direct negative impacts on the environment. First of all it destroys marine life in the coastal areas. If we think carefully, Thailand is a favorite tourist spot for its pretty marine life and coastal regions i.e. beaches. The firm whitethorn destroy Thailands marine life decreasing tourism and negative impact on the economy and the environment. on with this the company also increases pollution having a negative impact on the local environment.\r\nThese were few negative impacts the firm has on the local environment.\r\nMy essay has now studied and looked at all the factors I had tell in my thesis statement. In brief, here is a summarized version of the essays analysis. Mrs. Nusaras motivator was her family financial prob lems i.e. she wanted to earn money and help her parents and siblings.\r\nWe also got to know through this essay, the progress and development of P.N. Marine over the years i.e. right from its start to now. The development of the firm was clean slow but as turnover grew quickly, more capital was available for expansion of the business.\r\nThe government was overall had a positive remark for the firm. It helped develop the firm efficiently and also give a USP emanation/reputation boost to the company, which increased turnover and control over the market.\r\nThe firm has had a fairly very positive impact on the local economy, business environment and community providing money flow into the country, employing people, and allowing pet food industries to produce high quality products at low prices. The negative impact is that it is a threat to other firms in its operating environment since P.N. Marine has high reputation and USP rating.\r\nThe firm overall has had a very negative impact on the wider environment although the local environment is not suffering as much.\r\nMy essay hence has studied and explored, a) the origin of P.N. Marine, b) the development of the firm, c) how it was affected by the government, d) the positive and negative effect of the business on the local community and economy, e) the firms negative impact on the local environment. These concepts were assisted by a number of business terms and concepts. In conclusion, my essay has studied all factors efficiently getting fairly good conclusions and analysis.\r\n'