Individual research paper Essay Example | Topics and Well Written Essays - 750 words

Individual research paper - Essay ExampleThe business model followed by the company makes it a limited liability company. Other than historical estate the company has trading interests and tends to export a few goods aboard such as generators, plastic products, utensils etc. but the mainstay for the company has been real estate.Like myriad other businesses in China, the Jia Nian Hua Company is a family managed venture. The current heading executive of the company, Jia Nian Hua has employed his family members in critical positions such as finance, sales and marketing in order to strike advantage of their loyalty. A agnate work environment is apparent when one walks into the office as the employees look towards Mr. Jia as a fatherly figure.Mr. Jia was kind enough to allow some fourth dimension for an interview concerning his business. When asked about the beginnings of the business, Mr. Jia related that he had begun dealing in real estate in the early nineties when he was employe d as a government official in Beijing. In his own words, having been associated with real estate early on I realized that China possessed immense electric potential for growth in coming decades. Therefore, I decided to open up a small real estate shop in Beijing to take my informal business idea to a complete business. Being part of the government allowed Mr. Jia the critical information he required to expand into the real estate scenario because he was already well aware of where development would occur. He cited the case of new suburbs created around Beijing. Planning for development had begun in the late nineties but acquisition of land had been slow due to fears of inflation in real estate if procurement was faster. This indicates that Mr. Jias entry into the market as an entrepreneur was based on analytical evaluation that stemmed from information available only to select people in the Chinese government.Mr. Jias receipt also confirms the important assumption about entreprene urs which states that entrepreneurs