Strategy Management in Entrepreneurial Vs. Large Public Corporations Research Paper

Strategy Management in enterpriserial Vs. Large Public Corporations - Research Paper ExampleA market that is left entirely at the mercies of private investors becomes capitalist in nature with every single investor coming up with individualistic schemes to maximise profits. It is, therefore, prudent for governments to protect their citizens from the exploitative nature of the private investors this is best accomplished through the introduction of human race corporations. In the transport sector, the government manages major train transport system and sets the fare for travelers. Other investors who would come out interested in the industry would thus set their fares around that set by the government because should they explosive charge exorbitantly no client would seek their operate. From the above depicted object, the difference between these two is very light up entrepreneurial ventures are set to fetch profits while public corporations seek to level the market. The entrepr eneur must consequently put into considerations the above stated factors and at the same time consider the office staff of public corporations. ... They must also be able to manipulate the market factors to ensure that they attract the highest rate of customers that would enable them achieve just that. All that differs is the technique that some(prenominal) entities employ to maneuver these market factors. Techniques entrepreneurial venture uses a combination of techniques to achieve maximum profit, the just about common of these techniques and one that is most utilize is advertising. This is the easiest way of ensuring and enhancing brand visibility. Advertising is mainly aimed at creating publicity for the products and services that are offered by a given entity. This is normally accompanied by a brand positioning statement which in most cases is exaggerated. Some of the advertising avenues that are often used include television and radio. In modern multiplication and followi ng the invention of the internet and the onset of the social media, the limit and possibilities of advertising are endless. The adverts commonly tend in the media are more attractive and more expensive. They are also run in both the public and public media which makes them the more expensive. The entrepreneurial ventures also offer much more complimentary services and reliability. A transport company would offer more comfort, safety and security of the customer and their luggage. The entrepreneurs normally study the market effectively before setting up to undertake any investment in the sectors in which they are interested. In this study, major concentration is normally given to determining the faults of other players and then capitalizing on these faults to better their services thus boosting their trades. The public corporations also use certain techniques to ensure that they get the customers requisite to