Building Social Business Essay

8297 Words Mar 15th, 2015 34 Pages
SEMINAR ADMINISTRATION DEVELOPMENT 1 BUILDING SOCIAL BUSINES ‘D’

BY

JULIUS KWAKU KATTAH

STUDENT ID. NO. UD32228BEC40802

DOCTORATE IN INTERNATIONAL ECONOMICS

ATLANTIC INTERNATIONAL UNIVERSITY, HONOLULU, USA

09/07/14

ABTRACT
The business strategy perspective argues that achieving competitive advantage hinges on pursing a coherent competitive strategy. Family businesses are also said to manifest a strong desire to develop enduring and
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Village women who made bamboo furniture had to take usurious loans to buy bamboo, and repay their profits to the lenders. Traditional banks did not want to make tiny loans at reasonable interest to the poor due to high risk of default.[20] But Yunus believed that, given the chance, the poor will repay the money and hence microcredit was a viable business model.[21] Yunus lent US$27 of his money to 42 women in the village, who made a profit of BDT 0.50 (US$0.02) each on the loan. Thus Yunus is credited with the idea of microcredit alongside Dr. Akhtar Hameed Khan, founder of the Pakistan

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