International Business Case Study Essay

Roll no. 2902 Entrepreneur

Ans1. Gulkin started his business after quitting his oil industry job in april 1987 where he invested his life savings of CAN$ 130,000.
Bird in Hand: Knowledge, Observation, his Instinct, his ability to build trust & confidence.
Affordable Loss: CAN$ 130,000, Resignation, previous job
I’m unable to find the figure but looking at the expansion plan of SCF, one can say that it made a profit.
Ans 2.
A) Burma was very attractive market for SCF because it was the largest mainland country in the Southeast Asia with a population of around 47 Million. SCF’s headquarter Thailand was in the southeast of Burma which made it more attractive demographically as well. Coast line of over 2830 KMs made Burma rich in seafood availability.

Factors SCF needs to consider
Whether they can wait n watch the situation to become little better in Burma then enter
Will they be able to secure their investment if they at all enter in Burma.
Are they in a position to lose some of their key clients who would stop doing business with them if at all they do trade with Burma.
B) Risks of going to Burma:
1. Political unrest
2. Gulkin was concerned about competing against local player PL Corporation seafood exporting company, controlled by General Ne Win’s son-in-law. He was hesitant of the discrimination in the market.
3. One of the major risks of entering in Burma was SCF’s key competitors’ Sun Wah Trading comnay & Japanese Trading Company’s interest in Burmese market.
4. Weak financial structure of SCF.
5. Appreciating value of Japanese Yan.
6. Possibility of economic sanctions on Burma was also a cause of worry for Gulkin.
7. Lack of infrastructure in Burma was also a major worry for SCF.
C) About mitigation of these risks: They can avoid all the possible risks by not entering into Burmese market but that will not be an entrepreneurial approach. Here comes the application of entrepreneurial

This you cannot expect from a Harvard MBA graduate he would certainly carry an attitude. Even the case of Hamed & Shakib from Pakistan who dirt their hands first then went on to become entrepreneurs in their fields.
So the conclusion is in today’s time business schools should look at grooming graduates not only academically but environmentally, socially, ethically as well.
B. The New Normal Agenda for Responsible Living:
To start this topic I would like to quote a line from the given article; it is the time to stop seeing the world as it is, and to begin to make it better for living. It basically boils down to what you are giving back to the society & community.

The truth in today’s era is we have created a big gap of rich & poor that it seems impossible to bridge this gap. Overconsumption of food, deficiencies in things are prevailing n many countries.

There are few concerns we should be considering to eradicate:

Global Warming
Save water