Canadas SMEs can do better

Canadian small- and medium-sized enterprises (SMEs) are today among the most dynamic and optimistic entrepreneurs globally, according to common global small businesses study with reference to confidence, most SMEs in Canada expect future expansion of their trade thus increase in economic growth.Advertising We will write a custom essay sample on Canada’s SME’s can do better specifically for you for only $16.05 $11/page Learn More The global competitions today seem to revolve about the Latin Americans, Turkey South East Asia, Middle East and, Canada. The resent financial turmoil in Europe might be the root cause of pessimism for trade in France, UK and U.S SMEs. According to surveys, the Canadian SMEs are probably the most likely entrepreneurs to amplification of capital expenditure and staff performance in their export strategies. Their aim is expanding internationally. Contemporary surveys equally indicate that the expansion has grown from 13% in 2009 to current 39%. The aim of these Canadian SMEs is to increase sales and revenue particularly in the foreign markets particularly the U.S., Europe, U.K., Latin America while others plan to venture to the competitors markets mainly Asia, China, Japan, Taiwan and other South Asian markets. The major barriers to the entry of Canadian SMEs businesses into the international domain are fluctuation of the foreign currency, high interest rates and lack of knowledge regarding the barriers of entry to a country. In line with the World Economic Forums, on the issue concerning Network Readiness Index (NRI), comparing the degree of preparation between Canada and other countries, Canada in lower than the U.S., Singapore, Denmark and Sweden due to the factors stated above. The statistics are however changing at an alarming rate because investigation shows that the Canadian SMEs are ready to embrace technology as the most powerful coercer of globalization. According to (Power, 72), there is urgent need for the SMEs to exploit Information and Communication technological advancements for the well-being of the economy. The war on terror has also been a negative impact over technology because of the constraints placed at the boarder points thus affecting the dealings in the foreign exchange. The United States government has for instance emphasized the protection requirements thus an obstruction to the already well-established productivity from the exports such as the exports from Canada. The SMEs no-longer depend on the size and reputation of the country and this seem to be a strong driving force to their progressive output. They do not depend on the homogeneity of the markets, predictable human behaviours and mass marketing as important success factors. Market fragmentation and complexity calls for SMEs to advance their strategies, such as easing their procedure and embrace current marketing styles like the internet technology.Advertising Looking for essay on bus iness economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More They work in accordance with the former General Electric CEO utterances garnering for people to view the world dynamically as it is, other than as per the thought of how it or should be. As the backbone of the economy in Canada, the SMEs can survive the hindrances of advancement and highly improve its competitiveness through ICT change. The current statistics indicates that over 70% of the U.S. products and services origination from the Canadians’ SMEs is a good indication of ability to do better. They have the chance to fight competitors and do better as international entrepreneurs. There is need to focus upon â€Å"the long-term goals other than the short-term bottom-line considerations.† (Power, 187) Most of the international trading variables are manageable. For better advancement, the SMEs need to focus upon other market niche other than the U.S. The proactive geo graphical advancement means that there will be in a position competing within the global markets as opposed to the local markets dependency, especially when the only market niche seems to fail. Failure to exploit the already visible markets means that the competitors especially China and India SMEs will overwhelm them and sweep clean the consumer networks. The current new and emerging technologies are enhancing the trade processing speeds and providing smarter or easier options that enables a business to overtake the competitions with ease. The e-business has trading tools that the Canada SMEs need to utilize in exploiting the globally enabled network connections, enhancing accessibility to markets easily, finding matching sellers and buyers across the globe, and analyzing the market trends before venturing into a chosen niche. Finally, they assist them in finding ways of saving on the transaction expenses. Competition means that the SMEs are in a potion to play similar role as the large multinational enterprises. For them to perform competitively, they need to identify with the global village to participate in trade competitively and actively. For better survival and chances for advancement, the SMEs need to constantly scan the details regarding the ecosystem and relate to any exploitable opportunities that emerge at the earliest time possible to be in a position of mitigating the emerging threats. The government has a vital role in the trading industries.Advertising We will write a custom essay sample on Canada’s SME’s can do better specifically for you for only $16.05 $11/page Learn More The business ought to lobby for creation of a fair and nationally competitive advantage. The government is able to level the playing grounds for these small enterprises by enhancement of the supportive factors such as infrastructure especially the technological infrastructure, education and, availing research methodologies. They o ught to ensure governance of the consumers needs through enhancement of stringent measures or standards. The consumer demands are the factors facilitating the modes, styles and content of supplies. There is equally the need to eliminate the international trade barriers, monopolies and, industries deregulations. The inter-provisional trade barriers cause a strain to the SMEs due to the national competitiveness. The government ought to adopt strong anti-trust policies collisions or mergers that control the exports and provide the chances for innovations. They have to support and encourage sustained investment in the aim of gaining long-term achievements of capital and dynamic investments for corporate equity. The use of telecom and technological advancement enables the individual and small businesses to advance to expectations. Conclusion Access to finances remains to be one of the main challenges facing the SMEs today. The prosperity of these businesses especially the global and inno vative ones require support in terms of export for sales, prevention of depletion of capital, enhancement of liquidity and, maintenance of investment particularly by the government. According to the Organization for Economic Co-Operation and Development (OECD) (2009), the global crisis influencing SMEs is significant to economies of the countries involved thus, the urgent need for proper financial support. The support accorded by the OECD is a positive response indicating the possibility of future advancement of the SMEs. The already evident responses include review of business concerning financing by global and national organizations. OECD also provides an overview and evaluation of data resources and the policies regarding the collection, evaluation and programming for financial innovativeness for better growth. Today OECD (2009) facilitates the required dialogue between the government and financial institutions and SMEs as a periodical procedure with the aim of strengthening thei r functionality and financial potency. This is a direct indication that the SMEs are doing better financially and advancing further than before. Works Cited OECD Centre for Entrepreneurship. SMEs and Local Development, Paris, France. 2009. Retrieved from www.oecd.orgAdvertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Power, Terrance. P. International Business a Canadian Perspective. Nelson Education Limited, 2007 This essay on Canada’s SME’s can do better was written and submitted by user Messiah Browning to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Definition of Interpretive Sociology

Definition of Interpretive Sociology Interpretive sociology is an approach developed by Max Weber that centers on the importance of meaning and action when studying  social trends and problems. This approach diverges from positivistic sociology by recognizing that the subjective experiences, beliefs, and behavior of people are  equally important to study as are observable, objective facts. Max Webers Interpretive Sociology Interpretive sociology was developed and popularized by Prussian founding figure of the field Max Weber. This theoretical approach and the research methods that go with it is rooted in the German word  verstehen, which means to understand, in particular to have a meaningful understanding of something. To practice interpretive sociology is to attempt to understand social phenomena from the standpoint of those involved in it. It is, so to speak, to attempt to walk in someone elses shoes and see the world as they see it. Interpretive sociology is, thus, focused on understanding the meaning that those studied give to their beliefs, values, actions, behaviors, and social relationships with people and institutions. Georg Simmel, a contemporary of Weber, is also recognized as a major developer of interpretive sociology. This approach to producing theory and research encourages sociologists to view those studied as thinking and feeling subjects as opposed to objects of scientific research. Weber developed interpretive sociology because he saw a deficiency in the positivistic sociology pioneered by French founding figure Émile Durkheim. Durkheim worked to make sociology be seen as a science by centering empirical, quantitative data as its practice. However, Weber and Simmel recognized that the positivistic approach is not able to capture all social phenomena, nor is it able to fully explain why all social phenomena occur or what is important to understand about them. This approach focuses on objects (data) whereas interpretive sociologists focus on subjects (people). Meaning and the Social Construction of Reality Within interpretive sociology, rather than attempting to work as detached, seemingly objective observers and analyzers of social phenomena, researchers instead work to understand how the  groups they study actively construct the reality of their everyday lives through the meaning they give to their actions. To approach sociology this way is often necessary to conduct participatory research that embeds the researcher in the daily lives of those they study. Further, interpretive sociologists work to understand how the groups they study construct meaning and reality through attempts to empathize with them, and as much as possible, to understand their experiences and actions from their own perspectives. This means that sociologists who take an interpretive approach work to collect qualitative data rather than quantitative data because taking this approach rather than a positivistic one means that a research approaches the subject matter with different kinds of assumptions, asks different kinds of questions about it, and requires different kinds of data and methods for responding to those questions. The methods interpretive sociologists employ include in-depth interviews, focus groups, and ethnographic observation. Example: How Interpretive Sociologists Study Race One area in which positivistic and interpretive forms of sociology produce very different kinds of questions and research is the study of race and social issues connected with it. Positivistic approaches to this are of study tend to focus on counting and tracking trends over time. This kind of research can illustrate things like how education level, income, or voting patterns differ on the basis of race. Research like this can show us that there are clear correlations between race and these other variables. For example, within the U.S., Asian Americans are the most likely to earn a college degree, followed by whites, then Blacks, then Hispanics and Latinos. The gap between Asian Americans and Latinos is vast: 60 percent of those aged 25-29 versus just 15 percent. But these quantitative data simply show us that a problem of educational disparity by race exists. They dont explain it, and they dont tell us anything about the experience of it. In contrast, sociologist Gilda Ochoa took an interpretive approach to studying this gap and conducted long-term ethnographic observation at a California high school to find out why this disparity exists. Her 2013 book,  Academic Profiling:  Latinos, Asian Americans, and the Achievement Gap​, based on interviews with students, faculty, staff and parents, as well as observations within the school, shows that it is unequal access to opportunities, racist and classist assumptions about students and their families, and differential treatment of students within the schooling experience that leads to the achievement gap between the two groups. Ochoas findings run counter to common assumptions about the groups that frame Latinos as culturally and intellectually deficient and Asian Americans as model minorities and serve as a fantastic demonstration of the importance of conducting interpretive sociological research.

Letter to my son Essay Example | Topics and Well Written Essays - 1250 words

Letter to my son - Essay Example Your dad and I decided to visit the subway for something to eat and as soon as we were done, he moved to another store, as I was moving out of the subway. While moving out, I tried to call your dad to establish his location, and that was when you announced your arrival. It was thirty minutes past noon, and I was rushed to the hospital by your dad. What your father and I underwent in the whole process was not only challenging but also unbearable. The moment you were delivered and placed on my arms, we both cried tears of joy. Your birth was the most cherished moment of our lives. Everybody in the family was happy for having you as a gift from God. I can recall that day when you were born was a Jewish holiday, Rosh Hashanah and we named you Nathaniel meaning a gift from God. At birth, you resembled your uncle Radik very much, and people started referred to you as ‘mini-radik’ but as days went by, you again begun to resemble your aunt Emily. You also had large eyes and long lashes like me. Your changes because of physical development always made my heart melt with joy plus the numerous smiles from when excited. Even though am not sure if I have been a great mother to you, but you were a blessing to me. You were always my reason for happiness as well as a happy marriage with your dad. As days passed by things begun to get difficult and at times I found myself with hard and straining tasks. The non-stop crying since you wanted to feed within a three-hour period, how you dirtied yourself; as a result either urine, excreta or vomit and your refusal to suck when being breastfed. When breastfed you only held to the breast without sucking, you were too lazy. This shocked several people including the lactation consultant and he advised that the milk had to be put in the mouth for one to can drink. The most devastating of all times came when you were sick. We had to see the Doctor severally from when you were