According to Gandhi, “There’s enough on this planet for everyone’s needs, but not for everyone’s greed” (Sachs, 2011). Which illustrates to everyone have enough resources for everything but some people’s desire to cause poverty in the world. The business proposal focussed on poverty, especially child poverty in New Zealand. The social problem would be children’s educations are affected by poverty. The report and proposal will have focused on introducing child poverty in New Zealand, how capitalism caused child poverty, business concept to solve child poverty in South Auckland and selecting three aspects of PESTLE analysis to identify issues that may arise and impact when setting up the business. The three aspects of external environments are Natural Environment, Legal and Social Trend in Technology.
In New Zealand, the child poverty essentials to critically examine because it is a major concern in our society. The child poverty, defined when a child living in household income (accommodate to the size and make-up of the household) is less than 60% of the New Zealand average income (Collins, 2015). According to Office of the Children’s Commissioner (OCC) in New Zealand, children are in need for basic need such as health, housing, education, employment and access to services (OCC, 2014). The report that was published by the Office of the Children’s Commissioner in 2012 shows there are about 25 percent of children’s are living under poverty which is about 270,000 children (OCC, 2012) In New Zealand. Whereas Child poverty monitor website shows in 2015 there about 305,000 kids live in under income poverty that is 29 percent of children (Child Poverty Monitor, 2015). As these indicate within 3 years, there i...
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Overall, the business proposal based on child poverty and how it is affecting their early child education. The main concepts were to educate children in their early age to overcome poverty obstacles when they moved to schools. The company FABRICK Enterprise will be establishing in order to help children out of poverty by educating them in early age. Their main idea is to sell books through an online store. Whatever books sold through online, same amount of books gifted to day cares in South Auckland. The business proposal also includes how the capitalism caused child poverty in New Zealand, introduction of business ideas in order to help children out of poverty. Finally, the PESTLE analysis to identify issues that needs to be address in order to set up the business, it covers how Legal, Technology and Natural Environmental aspect affects the business idea.
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