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Yang JunHai

The document provides information about Junior World Entrepreneur Forum's (JWEF) 2011 research kit on entrepreneurial cities. It includes the agenda, learning objectives, definitions of entrepreneurial cities, and factors influencing entrepreneurship. Examples of entrepreneurial cities discussed are New York City, Los Angeles, Singapore, Tokyo, Taipei, Shanghai, and Bangkok. The document also outlines games and activities for participants, including developing business plans for different scenarios and situations.

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JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ JWEF 2011 Research Kit, Copy Right reserved © 2011 | | www.jwef.com.sg Junior World Entrepreneur Forum Day 3 – Entrepreneur City JWEF
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Number Content 1 Table of content 2 Today’s agenda 3 Learning objective 4 What is an entreprenuer city 5 Games 6 Conclusion Table of Content
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Today’s agenda
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Learning Objective
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ What defines an entrepreneurial city? 1)An entrepreneurial city pursues innovative strategies intended to maintain or enhance its economic competitiveness vis-à-vis other cities and economic spaces. 2)These strategies are real and reflexive. They are not as if strategies but are more or less explicitly formulated and pursued in an active, entrepreneurial fashion. 3)The promoters of entrepreneurial cities adopt an entrepreneurial discourse, narrate their cities as entrepreneurial, and market them as entrepreneur
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Singapore Company Registration Requirements • Minimum 1 Shareholder + 1 Resident Director + 1 Company Secretary • Minimum initial paid-up share capital is S$1. Share or paid-up capital can be increased anytime after incorporation of the company. • Singapore Company must have a Singapore registered office address • An ACRA approve company name • A minimum of at least one corporate or individual shareholder is required. A maximum of 50 shareholders for a Singapore Private Limited Company
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Singapore Company Registration Requirements • Must register for GST if their annual taxable revenue is more than S$1 million, or currently making taxable supplies and the annual taxable revenue is expected to be more than S$1 million. • Business activities involve import, export and transhipment in and out of Singapore, you will need to register your company with the Singapore Customs and obtain a CR Number or commonly known as Custom Registration.
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Factors affecting entrepreneurship Entrepreneurship literature reveals general agreement that entrepreneurship flourishes where environmental conditions are most favourable. The environmental factors important to the decision to start a business include: • Knowledge about entrepreneurship • Societal attitudes towards entrepreneurship • Salary and taxation levels • Availability of venture capital • Availability of personnel and supporting services • Accessibility of customers, • Accessibility to universities • Opportunities to take advantage of interim consulting and general economic conditions
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Factors & Descriptions • Social status of entrepreneurs • Running one’s own business gives a high social status • People look up to those running own business • Starting a new business brings prestige • Starting a new business generates respect • Shame of failure • Failure of business brings shame to family • Failure of business brings shame to owner • It is unacceptable to fail • Innovativeness of entrepreneurs • Society places high value on innovativeness • People who invent something new are respected Factors influencing being an entrepreneur
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ How to play? • A team of 4-5 people will be giving a situation to come out with a business plan • They will be given about 40 minutes to gather ideas • The business plan must include – Purpose and objective of a company – Resource they need – Problems and factors – Pros and cons – Marketing strategies – Competitors – Briefly future plans Worse plan ever
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Entrepreneurial Cities  NYC  LA  Singapore  Tokyo  Tai Pei  Shang Hai  Bangkok
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Scenario  Bubble tea  Coke  Vodka  instant noodle  Taiwanese food  Korean Food
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Situations • Situation – Terrorist Attack – You need to bribe the officers constantly in order to sustain your business – Food poisoning – Poor neighborhood security – Recession
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Marking scheme • Creativity(35%) – Innovation – Novelty – Marketing • Management(20%) – Man power management – Resource management • Presentation(20%) – Explanation – Body language • Practicality(20%) • Q&A(5%) – Supress tolerance – Flexibility
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Done by NYP Subcommittee Research Kit, Copy Right reserved © 2011 | | www.nyp.edu.sg Research Kit
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City • Estimate cost of starting business • VERY HIGH • At least 8 million
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City • Economic situation • New York is a global hub of international business and commerce and is one of three "command centers" for the world economy • New York controlled 40% of the world's finances by the end of 2008, making it the largest financial center in the world. • The New York metropolitan area had approximately gross metropolitan product of $1.13 trillion in 2005, making it the largest regional economy in the United States
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City • Political situation • The present mayor is Michael Bloomberg, a former Democrat, former Republican (2001–2008), and current political independent. • Together with Boston mayor Thomas Menino, in 2006 he founded the Mayors Against Illegal Guns Coalition, an organization with the goal of "making the public safer by getting illegal guns off the streets.”
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City • Social situation • The 20th century saw a rise in the Mafia dominated by the Five Families and they are still the largest and most powerful criminal organization in the city. • The most prominent gangs in New York City today are the Bloods, Crips, Latin Kings, and MS-13. • Public transit is New York City's most popular mode of transit. 54.6% of New Yorkers commuted to work in 2005 using mass transit. This is in contrast to the rest of the United States, where about 90% of commuters drive automobiles to their workplace. • New York is the most populous city in the United States. As of the 2010 United States Census, the city's population stood at a record high of 8,175,133, a 2.1% increase from the 8 million counted in 2000.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles • Estimate cost of starting business • HIGH • At least 5 million
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles • Economic situation • The economy of Los Angeles is driven by international trade, entertainment (television, motion pictures, video games, recorded music), aerospace, technology, petroleum, fashion, apparel, and tourism. Los Angeles is also the largest manufacturing center in the western United States. • The Los Angeles-Long Beach-Riverside combined statistical area (CSA) has a gross metropolitan product (GMP) of $831 billion (as of 2008), making it the third largest economic center in the world • As the home base of Hollywood, it is known as the "Entertainment Capital of the World", leading the world in the creation of motion pictures, television production, video games, and recorded music.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles • Political situation • The city is governed by a mayor-council system. The current mayor is Antonio Villaraigosa. There are 15 city council districts. Other elected city officials include the City Attorney Carmen Trutanich and the City Controller Wendy Greuel. The city attorney prosecutes misdemeanors within the city limits. The district attorney, elected by county voters, prosecutes misdemeanors in unincorporated areas and in 78 of the 88 cities in the county, as well as felonies throughout the county.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles • Social situation • Los Angeles has been experiencing significant decline in crime since the mid-1990s, and reached a 50-year low in 2009 with 314 homicides. Antonio Villaraigosa is a member of the Mayors Against Illegal Guns Coalition. • According to the Los Angeles Police Department, the city is home to 26,000 gang members, organized into 250 gangs. Among them are the Crips, Bloods, Hoovers, Sureños, Maravilla, 18th Street, Mara Salvatrucha, and Asian street gangs. This has led to the city being referred to as the "Gang Capital of America". • Los Angeles is also home to renowned universities such as the University of Southern California and the University of California, Los Angeles.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore • Estimate cost of starting business • MEDIUM • At least 500k
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore • Economic situation • The economy depends heavily on exports and refining imported goods, especially in manufacturing, which constituted 27.2% of Singapore's GDP in 2010 • Singapore has one of the busiest ports in the world and is the world's fourth largest foreign-exchange trading centre. • Most work in Singapore is in the service sector, which employed around 2,151,400 people out of 3,102,500 jobs in December 2010. • Tourism forms a large part of the economy. In 2005 the government legalised gambling and allowed two casino resorts to be developed. • Singapore is promoting itself as a medical tourism hub: 200,000 foreigners seek medical care each year, and Singapore medical services aim to serve one million foreign patients annually and generate USD 3 billion in revenue.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore • Political situation • Singapore is a parliamentary republic with a Westminster system of unicameral parliamentary government representing constituencies. Its constitution establishes representative democracy as its political system. • The bulk of executive power rests with the Cabinet, headed by the Prime Minister. The President of Singapore has some veto powers for a few key decisions such as the use of the national reserves and the appointment of judges, but otherwise occupies a ceremonial post. • Freedom House ranks Singapore as "partly free" in its Freedom in the World report, and The Economist ranks Singapore as a "hybrid regime", the third rank out of four, in its "Democracy Index”. Singapore is consistently rated one of the least corrupt countries in the world by Transparency International.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore • Social situation • Singapore has a draft which extends to all able-bodied males at the age of 18, except to those who have a criminal record, or can prove that their loss would bring hardships to their families. • As of 2010, 5.1 million people live in Singapore, of whom 3.2 million (64%) are Singapore citizens while the rest (36%) are permanent residents or foreign workers. 2.9 million people (57%) were born in Singapore while the rest are foreign-born. • In 2010, the total fertility rate was 1.1 children per woman, the third lowest in the world and well below the 2.1 needed to replace the population. • There are 3.4 million users of the internet in Singapore, one of the highest Internet penetration rates in the world.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei • Estimate cost of starting business • MEDIUM • At least 600k
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei • Economic situation • As the capital of the Republic of China, Taipei has been at the center of rapid economic development in the country and has now become one of the global cities in the production of high technology and its components. This is part of the so-called Taiwan Miracle which has seen dramatic growth in the city following foreign direct investment in the 1960s. Taiwan is now a creditor economy, holding one of the world's largest foreign exchange reserves of over US$352 billion as of February 2010. • The GDP per capita of Taipei is US$48,400, and the second highest in Asia behind Tokyo, which has a GDP per capita of US$65,453. • National brands such as ASUS, Chunghwa Telecom, Mandarin Airlines and D-Link are headquartered in Taipei City.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei • Political situation • Taipei City is administered as a special municipality directly under the Executive Yuan, while Keelung City is administered as part of Taiwan Province. The mayor of Taipei City had been an appointed position since Taipei's conversion to a centrally administered municipality in 1967 until the first public election was held in 1994. • Based on the outcomes of previous elections in the past decade, the vote of the overall constituency of Taipei City shows a slight inclination towards the pro-KMT camp (the Pan- Blue Coalition); however, the pro-DPP camp (the Pan-Green Coalition) also has considerable support.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei • Social situation • Public transport accounts for a substantial portion of different modes of transport in Taiwan, with Taipei residents having the highest utilization rate at 34.1% • Taipei City is also famous for its effort in garbage recycling, which has become such a good international precedent that other countries have sent teams to study the recycling system • This has enabled the government of Taipei to demonstrate its recycling system to the world at the Shanghai World Expo 2010
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai • Estimate cost of starting business • HIGH • 2 million
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai • Economic situation • Shanghai is the commercial and financial centre of mainland China. Its cosmopolitan character, sophisticated and affluent consumers, and highly educated skilled labor force make it highly attractive to overseas investors. • In 2010, Shanghai's total GDP grew to 1.687 trillion RMB (US$256.3 billion) with GDP per capita of 76,000 RMB ($11,540). The three largest service industries are financial services, retail, and real estate. • In 2009, the Shanghai Stock Exchange ranked third among worldwide stock exchanges in terms of trading volume and sixth in terms of the total capitalization of listed companies, and the trading volume of six key commodities including rubber, copper and zinc on the Shanghai Futures Exchange all ranked first across the world.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai • Political situation • The politics of Shanghai is structured in a dual party- government system like all other governing institutions in China. The Mayor of Shanghai is the highest-ranking official in the People's Government of Shanghai.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai • Social situation • The 2010 census revealed that the population of Shanghai had reached 23,019,148, including 8,977,000 long-term migrants, a growth of 37.53% from the 2000 census population of 16,737,734. New migrants accounted for the entire increase as the natural population growth rate in Shanghai has been negative since 1993 due to low fertility rate. • Due to its cosmopolitan history, Shanghai has a rich blend of religious heritage as shown by the religious buildings and institutions still scattered around the city. • Shanghai has one of the most developed education systems in China. It is the first city where the 9-year compulsory education is implemented in the country. The Program for International Student Assessment (PISA) results revealed that Shanghai students scored highest in every aspect (Maths, Reading and Science) in the world.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo • Estimate cost of starting business • HIGH • 5 million
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo • Economic situation • Tokyo is one of the three world finance "command centers", along with New York City and London. Tokyo has the largest metropolitan economy in the world. • Tokyo is a major international finance center, houses the headquarters of several of the world's largest investment banks and insurance companies, and serves as a hub for Japan's transportation, publishing, and broadcasting industries. • Tokyo was rated as the most expensive (highest cost-of-living) city in the world for 14 years in a row ending in 2006.This analysis is for living a corporate executive lifestyle, with items like a detached house and several automobiles.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo • Political situation • Japan is a constitutional monarchy where the power of the Emperor is very limited. As a ceremonial figurehead, he is defined by the constitution as "the symbol of the state and of the unity of the people”. • Akihito is the current Emperor of Japan; Naruhito, Crown Prince of Japan, stands as next in line to the throne. • Statutory law originates in Japan's legislature and has the rubber stamp of the Emperor. The Constitution requires that the Emperor promulgate legislation passed by the Diet, without specifically giving him the power to oppose legislation.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo • Social situation • Rail is the primary mode of transportation in Tokyo, which has the most extensive urban railway network in the world and an equally extensive network of surface lines. • Tokyo has many universities, junior colleges, and vocational schools. Many of Japan's most prestigious universities are in Tokyo, including University of Tokyo, Hitotsubashi University, Tokyo Institute of Technology and Keio University • Tokyo has many museums. In Ueno Park, there is the Tokyo National Museum, the country's largest museum and specializing in traditional Japanese art. • The Japan Sumo Association is also headquartered in Tokyo at the Ryōgoku Kokugikan sumo arena where three official sumo tournaments are held annually.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok • Estimate cost of starting business • LOW • 200k
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok • Economic situation • Bangkok is the economic center of Thailand, dominating the country's economy and dwarfing any other urban centers. • It is ranked as the 54th richest urban agglomeration, slightly behind Singapore and Metro Manila. • Tourism is a significant contributor to Thailand's economy, providing about 5 percent of GDP. Bangkok is Thailand's principal international gateway and a destination in its own right. This giant market has made Bangkok a prime location for hotel operations as well as the launching pad for small and medium accommodation enterprises. • Income inequality is a growing issue in Bangkok, especially between relatively unskilled lower-income immigrants from rural provinces in Thailand, business elites, and retired and working foreign expats.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok • Political situation • Bangkok is one of two special administrative areas in Thailand, the other being Pattaya, in which citizens vote to choose their governor, unlike in Thailand's 77 provinces. • Bangkok is subdivided into 50 districts, which are further subdivided into 169 kwaeng. Each district is managed by a district chief appointed by the governor. District councils, elected to four-year terms, serve as advisory bodies to their respective district chiefs. • There is also an elected Bangkok Metropolitan Council, which has power over municipal ordinances and the city's budget. The last elections for local councils in Bangkok were held on 23 July 2006.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok • Social situation • There is an average of four million readers for more than 25 Bangkok based newspapers, one of which, Thai Rath, sells over a million copies a day. • The National Gallery located near Sanam Luang is a popular venue for art in Thailand. • Bangkok's popular modern sports are football, golf, bowling and horse racing. The city has many famous league football clubs with a number of international class football stadiums as well as many golf courses and bowling alleys throughout the city. The popular traditional sports are Muay Thai. Fights can be seen in Rajadamnern Stadium.
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ JWEF 2011 Research Kit, Copy Right reserved © 2011 | | www.jwef.com.sg Junior World Entrepreneur Forum Day 4 – Base of Pyramid JWEF
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Number Slide Name Slide No. 1. Cover Slide 1 2. Table of Contents 2 3 Today’s agenda 3 3. Learning Objective 4 4. What is Base of Pyramid 5-6 5. Games 7- 6. Conclusion 7 Table of Contents
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Today’s agenda
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Learning Objective
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ 1. People who live on less than 2.5 dollars a day 2. Poorest and largest socio-economical group Definition What is base of pyramid
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ These unhappy times call for the building of plans that rest upon the forgotten, the unorganized but the indispensable units of economic power...that build from the bottom up and not from the top down, that put their faith once more in the forgotten man at the bottom of the economic pyramid . - Franklin D. Roosevelt
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Monopoly Rules • Starting with banker distributing an amount of money to each player • FATE and Business Opportunity card placed face down in allocated location on board • Player selects token and placed on ‘GO’ • Each player rolls dice • Game begins with the highest rolling player and continues to the left • Rolling doubles result in another turn • Each time player passes ‘GO’ he/she receives $200M from banker • Bankers make all financial transactions • Top card from the FATE or Business Opportunity card is taken, obeyed and placed at the bottom of the pile • Free parking is a resting place where no money is awarded • When player is inside the jail – Player cannot collect $200M and their turn ends – Player either rolls doubles or pays $20M to be released – While in jail one can still buy/sell properties and collect rent – Player fails to pay off debts to banks or other player are declare bankruptcy and out of the game
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Buying Land • When player lands on an un-owned Land, he/she may buy it at featured price. • Player needs to answer a question related to Base Of Pyramid before buying land. • If player do not wish to buy or answer the question wrongly, banker may hold an auction upon request • the highest bidder wins with the deed given. • When player lands on a landed Land, rent is charged and collected by player as listed as per deed.
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Guidelines to form questions for buying properties • How do you suit those poor people’s need? • How can you create more employment opportunity? • What market-specific product can you have? • How can you prosper your business with collaboration of local community? • State one thing that you can do to eradicate them from poverty • What policy do you have for these special group : – Physical disabled – Ex-criminals – Juvenile / Child labor • How to create sustainable business at that area?
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Buying property Properties Price Bank $ 60M LAN Shop $ 60M Hotel $ 50M Restaurant $ 50M 7-11 $ 45M School $ 40M • Properties can be purchased if player is the owner of the Land. • Selling of property only return half of what was paid
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Research Kit
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ North Korea Political Situation: • Communist Country • Do only what the leader says • hereditary dictatorship Economic Situation •GPD is : $28.2 million per year •Per capital: $47 per month •No Free trade •Centralized command economy •Private Business only at special zones Social Situation •Accused to be one of the worst human rights country •Personality cult surrounding Kim ll-sung •Seeking Peaceful reunification with South Korea
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Mongolia Political Situation: • parliamentary republic • Very stable • guarantees full freedom of expression, religious and others. Economic Situation •GPD is : $6.125 million per year •Per capital: $2227 per year •Centered on agriculture and mining. •Science and technology is not so advanced Social Situation •Disease spread ( AIDS) •Corruption and racism •prostitution
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ China(mountain area) Political Situation: • Communist country • Very stable • People’s congress decides everything Economic Situation •GPD is : $10 trillion per year •Per capital: $7518 per year •Economic starting up, but mountain area( which includes western area) are still very poor •Children cannot even afford to buy pencils and paper for study Social Situation •No free speech •Early marriage •Poor education rate
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Cuba Political Situation: • socialist republic • Very stable • Take most effort in military Economic Situation •GPD is : $111 billion per year •Per capital: $7518 per year •Average wage is $16.7 per year, $9 pension •Must pay the government if hire a Cuban Social Situation •Torture •Arbitrary imprisonment •Unfair trails •Extrajudicial executions( El paredón)
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Virgin Island Political Situation: • parliamentary representative democratic dependency • Overseas territory of UK • Legislative council was dissolved Economic Situation •GPD is : $853.4 billion per year •Per capital: $20200 per year •Services contribute 92% of the economy Social Situation •Nothing is self produced •Heavily reply on foreign investments
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Columbia Political Situation: • presidential representative democratic republic • American style Economic Situation •GPD is : $435.367 billion per year •Per capital: $9566 per year •Very unstable, keep going up and down •17.8% of Colombians live on less than $2 a day •High government debts Social Situation •One tired of the people have been affect in some way by ongoing armed conflict. •Trade union members were being murdered between 1986 and 2010
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Ukraine Political Situation: • Republic under a mixed semi-parliamentary semi-presidential system • All powers are hold by Yuschenko Economic Situation •GPD is : $302 billion per year •Per capital: $6656 per year •People are poor, 19.5% live under poverty line •Work two jobs •Farm their own food •Heavily industrial based Social Situation •In a demographic crisis since the 1980s due to high death rate and low birth rate •Big problem with health issue and children having very rough time
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Georgia Political Situation: •Democratic semi-presidential republic •Still going through transitions •On the way to democracy freedom Economic Situation •GPD is : $22.443 billion per year •Per capital: $5114 per year •Start to have economic growth in 21st century •More devoted to service(65% GDP) Social Situation •Human rights issue on language and protestors •Education system is still undergo sweeping modernizing
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Moldova Political Situation: •Unitary parliamentary representative democratic republic Economic Situation •GPD is : $10.986 billion per year •Per capital: $3082 per year •Service devotes a heavy percentage( 75%) •Poorest country in Europe •Lower living standard and human development compare to others Social Situation •One tired of the people have been affect in some way by ongoing armed conflict. •Trade union members were being murdered between 1986 and 2010
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Afghanistan Political Situation: •Corruptions are going on every year •23% of GDP of the nation was taken in 2010 Economic Situation •GPD is : $15.608 billion per year •Per capital: $517 per year •The country has about $1–3 trillion in untapped mineral deposits. •The second least developed country in the world Social Situation •unemployment rate is 35% •roughly 36% of its citizens live below the poverty line. •About 42% of the population live on less than $1 a day.
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Iraq Political Situation: •Wars •Between Iran and Iraq Economic Situation •GPD is : $82.150 billion per year •Per capital: $2,563 per year •Iraq's economy is dominated by the oil sector Social Situation • Lack of water during Summer. • Low employment rate due to wars
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Laos Political Situation: •is a communist single-party socialist republic. •only legal political party is the Lao People's Revolutionary Party (LPRP). • Economic Situation •GPD is : $15.693 billion per year •Per capital: $2,435 per year •heavily dependent on investment and trade with its neighbours. Social Situation • Lack of human rights • freedom of expression, poor prison conditions, restrictions on freedom of religions, protection of refugees and asylum-seekers and the death penalty
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Myanmar Political Situation: •Full of cheating and fraud •Burma's government spends the least percentage of its GDP on health Economic Situation •GPD is : $76.473 billion per year •Per capital: $1,250 per year •the world's second largest producer of opium and source of illegal drugs Social Situation • Lack of human rights • No freedom of speech • Lack of education
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Zimbabwe Political situation • Poor governor (eg. Donate large sum of money to help AIDs people in other countries instead of solving AIDs problems in its own country.) Economical situation • GDP $4.644 billion • GDP Per capita $395 • mineral prices become higher • agriculture sector is improving. Social situation • The rights to shelter, food, freedom of movement and residence, freedom of assembly and the protection of the law are violated • the HIV/AIDS epidemic
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Turkey Political situation • Well organized governor Economical situation • GDP $960.511 billion • GDP Per capita $13,464 • strict government planning of the budget and government-imposed limitations over private sector participation, foreign trade, flow of foreign currency, and foreign direct investment. Social situation • Lack of human rights
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ East Timor Political situation • country is still in the process of building its administration and governmental institutions. Economical situation • GDP $590 billion • GDP Per capita $542 • inherite no permanent maritime boundaries Social situation • Suffering from food hunger • Need food supply from international aid • High birth rate • Illiterate
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Somaliland Political situation • Political parties are closely affiliated with a clan Economical situation • GDP is unavailable because its currency is unrecognised. • The Somaliland shilling, while stable, is not an internationally recognised currency and currently has no official exchange rate Social situation • No information
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Seychelles Political situation • country is still in the process of building its administration and governmental institutions. Economical situation • GDP $2.129 billion • GDP Per capita $24,837 • The plantation sector of the economy declined in prominence, and tourism became the primary industry of Seychelles. Social situation • Seychelles had no indigenous population, the current Seychellois are composed of people who have emigrated to the island. • The largest ethnic groups are those of African, French, Indian, and Chinese descent.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Seychelles Political situation • No serious problem Economical situation • GDP $2.129 billion • GDP Per capita $24,837 • The plantation sector of the economy declined in prominence, and tourism became the primary industry of Seychelles. Social situation • Seychelles had no indigenous population, the current Seychellois are composed of people who have emigrated to the island. • The largest ethnic groups are those of African, French, Indian, and Chinese descent.
JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Nigeria Political situation • prebendalism and extremely excessive corruption continue to constitute major challenges Economical situation • GDP $216.803 billion • GDP Per capita $1389 • is classified as a mixed economy emerging market, and has already reached middle income status Social situation • Human rights remains poor • Shortage of doctors
JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Research Kit Copy Right Reserved©2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Thank You JWEF

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JWEF

  • 1. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ JWEF 2011 Research Kit, Copy Right reserved © 2011 | | www.jwef.com.sg Junior World Entrepreneur Forum Day 3 – Entrepreneur City JWEF
  • 2. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Number Content 1 Table of content 2 Today’s agenda 3 Learning objective 4 What is an entreprenuer city 5 Games 6 Conclusion Table of Content
  • 3. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Today’s agenda
  • 4. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Learning Objective
  • 5. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ What defines an entrepreneurial city? 1)An entrepreneurial city pursues innovative strategies intended to maintain or enhance its economic competitiveness vis-à-vis other cities and economic spaces. 2)These strategies are real and reflexive. They are not as if strategies but are more or less explicitly formulated and pursued in an active, entrepreneurial fashion. 3)The promoters of entrepreneurial cities adopt an entrepreneurial discourse, narrate their cities as entrepreneurial, and market them as entrepreneur
  • 6. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Singapore Company Registration Requirements • Minimum 1 Shareholder + 1 Resident Director + 1 Company Secretary • Minimum initial paid-up share capital is S$1. Share or paid-up capital can be increased anytime after incorporation of the company. • Singapore Company must have a Singapore registered office address • An ACRA approve company name • A minimum of at least one corporate or individual shareholder is required. A maximum of 50 shareholders for a Singapore Private Limited Company
  • 7. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Singapore Company Registration Requirements • Must register for GST if their annual taxable revenue is more than S$1 million, or currently making taxable supplies and the annual taxable revenue is expected to be more than S$1 million. • Business activities involve import, export and transhipment in and out of Singapore, you will need to register your company with the Singapore Customs and obtain a CR Number or commonly known as Custom Registration.
  • 8. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Factors affecting entrepreneurship Entrepreneurship literature reveals general agreement that entrepreneurship flourishes where environmental conditions are most favourable. The environmental factors important to the decision to start a business include: • Knowledge about entrepreneurship • Societal attitudes towards entrepreneurship • Salary and taxation levels • Availability of venture capital • Availability of personnel and supporting services • Accessibility of customers, • Accessibility to universities • Opportunities to take advantage of interim consulting and general economic conditions
  • 9. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Factors & Descriptions • Social status of entrepreneurs • Running one’s own business gives a high social status • People look up to those running own business • Starting a new business brings prestige • Starting a new business generates respect • Shame of failure • Failure of business brings shame to family • Failure of business brings shame to owner • It is unacceptable to fail • Innovativeness of entrepreneurs • Society places high value on innovativeness • People who invent something new are respected Factors influencing being an entrepreneur
  • 10. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ How to play? • A team of 4-5 people will be giving a situation to come out with a business plan • They will be given about 40 minutes to gather ideas • The business plan must include – Purpose and objective of a company – Resource they need – Problems and factors – Pros and cons – Marketing strategies – Competitors – Briefly future plans Worse plan ever
  • 11. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Entrepreneurial Cities  NYC  LA  Singapore  Tokyo  Tai Pei  Shang Hai  Bangkok
  • 12. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Scenario  Bubble tea  Coke  Vodka  instant noodle  Taiwanese food  Korean Food
  • 13. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Situations • Situation – Terrorist Attack – You need to bribe the officers constantly in order to sustain your business – Food poisoning – Poor neighborhood security – Recession
  • 14. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Marking scheme • Creativity(35%) – Innovation – Novelty – Marketing • Management(20%) – Man power management – Resource management • Presentation(20%) – Explanation – Body language • Practicality(20%) • Q&A(5%) – Supress tolerance – Flexibility
  • 15. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Done by NYP Subcommittee Research Kit, Copy Right reserved © 2011 | | www.nyp.edu.sg Research Kit
  • 16. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City
  • 17. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City
  • 18. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City
  • 19. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City • Estimate cost of starting business • VERY HIGH • At least 8 million
  • 20. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City • Economic situation • New York is a global hub of international business and commerce and is one of three "command centers" for the world economy • New York controlled 40% of the world's finances by the end of 2008, making it the largest financial center in the world. • The New York metropolitan area had approximately gross metropolitan product of $1.13 trillion in 2005, making it the largest regional economy in the United States
  • 21. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City • Political situation • The present mayor is Michael Bloomberg, a former Democrat, former Republican (2001–2008), and current political independent. • Together with Boston mayor Thomas Menino, in 2006 he founded the Mayors Against Illegal Guns Coalition, an organization with the goal of "making the public safer by getting illegal guns off the streets.”
  • 22. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ New York City • Social situation • The 20th century saw a rise in the Mafia dominated by the Five Families and they are still the largest and most powerful criminal organization in the city. • The most prominent gangs in New York City today are the Bloods, Crips, Latin Kings, and MS-13. • Public transit is New York City's most popular mode of transit. 54.6% of New Yorkers commuted to work in 2005 using mass transit. This is in contrast to the rest of the United States, where about 90% of commuters drive automobiles to their workplace. • New York is the most populous city in the United States. As of the 2010 United States Census, the city's population stood at a record high of 8,175,133, a 2.1% increase from the 8 million counted in 2000.
  • 23. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles
  • 24. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles
  • 25. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles
  • 26. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles • Estimate cost of starting business • HIGH • At least 5 million
  • 27. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles • Economic situation • The economy of Los Angeles is driven by international trade, entertainment (television, motion pictures, video games, recorded music), aerospace, technology, petroleum, fashion, apparel, and tourism. Los Angeles is also the largest manufacturing center in the western United States. • The Los Angeles-Long Beach-Riverside combined statistical area (CSA) has a gross metropolitan product (GMP) of $831 billion (as of 2008), making it the third largest economic center in the world • As the home base of Hollywood, it is known as the "Entertainment Capital of the World", leading the world in the creation of motion pictures, television production, video games, and recorded music.
  • 28. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles • Political situation • The city is governed by a mayor-council system. The current mayor is Antonio Villaraigosa. There are 15 city council districts. Other elected city officials include the City Attorney Carmen Trutanich and the City Controller Wendy Greuel. The city attorney prosecutes misdemeanors within the city limits. The district attorney, elected by county voters, prosecutes misdemeanors in unincorporated areas and in 78 of the 88 cities in the county, as well as felonies throughout the county.
  • 29. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Los Angeles • Social situation • Los Angeles has been experiencing significant decline in crime since the mid-1990s, and reached a 50-year low in 2009 with 314 homicides. Antonio Villaraigosa is a member of the Mayors Against Illegal Guns Coalition. • According to the Los Angeles Police Department, the city is home to 26,000 gang members, organized into 250 gangs. Among them are the Crips, Bloods, Hoovers, Sureños, Maravilla, 18th Street, Mara Salvatrucha, and Asian street gangs. This has led to the city being referred to as the "Gang Capital of America". • Los Angeles is also home to renowned universities such as the University of Southern California and the University of California, Los Angeles.
  • 30. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore
  • 31. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore
  • 32. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore
  • 33. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore • Estimate cost of starting business • MEDIUM • At least 500k
  • 34. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore • Economic situation • The economy depends heavily on exports and refining imported goods, especially in manufacturing, which constituted 27.2% of Singapore's GDP in 2010 • Singapore has one of the busiest ports in the world and is the world's fourth largest foreign-exchange trading centre. • Most work in Singapore is in the service sector, which employed around 2,151,400 people out of 3,102,500 jobs in December 2010. • Tourism forms a large part of the economy. In 2005 the government legalised gambling and allowed two casino resorts to be developed. • Singapore is promoting itself as a medical tourism hub: 200,000 foreigners seek medical care each year, and Singapore medical services aim to serve one million foreign patients annually and generate USD 3 billion in revenue.
  • 35. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore • Political situation • Singapore is a parliamentary republic with a Westminster system of unicameral parliamentary government representing constituencies. Its constitution establishes representative democracy as its political system. • The bulk of executive power rests with the Cabinet, headed by the Prime Minister. The President of Singapore has some veto powers for a few key decisions such as the use of the national reserves and the appointment of judges, but otherwise occupies a ceremonial post. • Freedom House ranks Singapore as "partly free" in its Freedom in the World report, and The Economist ranks Singapore as a "hybrid regime", the third rank out of four, in its "Democracy Index”. Singapore is consistently rated one of the least corrupt countries in the world by Transparency International.
  • 36. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Singapore • Social situation • Singapore has a draft which extends to all able-bodied males at the age of 18, except to those who have a criminal record, or can prove that their loss would bring hardships to their families. • As of 2010, 5.1 million people live in Singapore, of whom 3.2 million (64%) are Singapore citizens while the rest (36%) are permanent residents or foreign workers. 2.9 million people (57%) were born in Singapore while the rest are foreign-born. • In 2010, the total fertility rate was 1.1 children per woman, the third lowest in the world and well below the 2.1 needed to replace the population. • There are 3.4 million users of the internet in Singapore, one of the highest Internet penetration rates in the world.
  • 37. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei
  • 38. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei
  • 39. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei
  • 40. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei • Estimate cost of starting business • MEDIUM • At least 600k
  • 41. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei • Economic situation • As the capital of the Republic of China, Taipei has been at the center of rapid economic development in the country and has now become one of the global cities in the production of high technology and its components. This is part of the so-called Taiwan Miracle which has seen dramatic growth in the city following foreign direct investment in the 1960s. Taiwan is now a creditor economy, holding one of the world's largest foreign exchange reserves of over US$352 billion as of February 2010. • The GDP per capita of Taipei is US$48,400, and the second highest in Asia behind Tokyo, which has a GDP per capita of US$65,453. • National brands such as ASUS, Chunghwa Telecom, Mandarin Airlines and D-Link are headquartered in Taipei City.
  • 42. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei • Political situation • Taipei City is administered as a special municipality directly under the Executive Yuan, while Keelung City is administered as part of Taiwan Province. The mayor of Taipei City had been an appointed position since Taipei's conversion to a centrally administered municipality in 1967 until the first public election was held in 1994. • Based on the outcomes of previous elections in the past decade, the vote of the overall constituency of Taipei City shows a slight inclination towards the pro-KMT camp (the Pan- Blue Coalition); however, the pro-DPP camp (the Pan-Green Coalition) also has considerable support.
  • 43. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ TaiPei • Social situation • Public transport accounts for a substantial portion of different modes of transport in Taiwan, with Taipei residents having the highest utilization rate at 34.1% • Taipei City is also famous for its effort in garbage recycling, which has become such a good international precedent that other countries have sent teams to study the recycling system • This has enabled the government of Taipei to demonstrate its recycling system to the world at the Shanghai World Expo 2010
  • 44. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai
  • 45. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai
  • 46. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai
  • 47. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai • Estimate cost of starting business • HIGH • 2 million
  • 48. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai • Economic situation • Shanghai is the commercial and financial centre of mainland China. Its cosmopolitan character, sophisticated and affluent consumers, and highly educated skilled labor force make it highly attractive to overseas investors. • In 2010, Shanghai's total GDP grew to 1.687 trillion RMB (US$256.3 billion) with GDP per capita of 76,000 RMB ($11,540). The three largest service industries are financial services, retail, and real estate. • In 2009, the Shanghai Stock Exchange ranked third among worldwide stock exchanges in terms of trading volume and sixth in terms of the total capitalization of listed companies, and the trading volume of six key commodities including rubber, copper and zinc on the Shanghai Futures Exchange all ranked first across the world.
  • 49. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai • Political situation • The politics of Shanghai is structured in a dual party- government system like all other governing institutions in China. The Mayor of Shanghai is the highest-ranking official in the People's Government of Shanghai.
  • 50. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ ShangHai • Social situation • The 2010 census revealed that the population of Shanghai had reached 23,019,148, including 8,977,000 long-term migrants, a growth of 37.53% from the 2000 census population of 16,737,734. New migrants accounted for the entire increase as the natural population growth rate in Shanghai has been negative since 1993 due to low fertility rate. • Due to its cosmopolitan history, Shanghai has a rich blend of religious heritage as shown by the religious buildings and institutions still scattered around the city. • Shanghai has one of the most developed education systems in China. It is the first city where the 9-year compulsory education is implemented in the country. The Program for International Student Assessment (PISA) results revealed that Shanghai students scored highest in every aspect (Maths, Reading and Science) in the world.
  • 51. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo
  • 52. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo
  • 53. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo
  • 54. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo • Estimate cost of starting business • HIGH • 5 million
  • 55. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo • Economic situation • Tokyo is one of the three world finance "command centers", along with New York City and London. Tokyo has the largest metropolitan economy in the world. • Tokyo is a major international finance center, houses the headquarters of several of the world's largest investment banks and insurance companies, and serves as a hub for Japan's transportation, publishing, and broadcasting industries. • Tokyo was rated as the most expensive (highest cost-of-living) city in the world for 14 years in a row ending in 2006.This analysis is for living a corporate executive lifestyle, with items like a detached house and several automobiles.
  • 56. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo • Political situation • Japan is a constitutional monarchy where the power of the Emperor is very limited. As a ceremonial figurehead, he is defined by the constitution as "the symbol of the state and of the unity of the people”. • Akihito is the current Emperor of Japan; Naruhito, Crown Prince of Japan, stands as next in line to the throne. • Statutory law originates in Japan's legislature and has the rubber stamp of the Emperor. The Constitution requires that the Emperor promulgate legislation passed by the Diet, without specifically giving him the power to oppose legislation.
  • 57. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Tokyo • Social situation • Rail is the primary mode of transportation in Tokyo, which has the most extensive urban railway network in the world and an equally extensive network of surface lines. • Tokyo has many universities, junior colleges, and vocational schools. Many of Japan's most prestigious universities are in Tokyo, including University of Tokyo, Hitotsubashi University, Tokyo Institute of Technology and Keio University • Tokyo has many museums. In Ueno Park, there is the Tokyo National Museum, the country's largest museum and specializing in traditional Japanese art. • The Japan Sumo Association is also headquartered in Tokyo at the Ryōgoku Kokugikan sumo arena where three official sumo tournaments are held annually.
  • 58. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok
  • 59. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok
  • 60. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok
  • 61. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok • Estimate cost of starting business • LOW • 200k
  • 62. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok • Economic situation • Bangkok is the economic center of Thailand, dominating the country's economy and dwarfing any other urban centers. • It is ranked as the 54th richest urban agglomeration, slightly behind Singapore and Metro Manila. • Tourism is a significant contributor to Thailand's economy, providing about 5 percent of GDP. Bangkok is Thailand's principal international gateway and a destination in its own right. This giant market has made Bangkok a prime location for hotel operations as well as the launching pad for small and medium accommodation enterprises. • Income inequality is a growing issue in Bangkok, especially between relatively unskilled lower-income immigrants from rural provinces in Thailand, business elites, and retired and working foreign expats.
  • 63. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok • Political situation • Bangkok is one of two special administrative areas in Thailand, the other being Pattaya, in which citizens vote to choose their governor, unlike in Thailand's 77 provinces. • Bangkok is subdivided into 50 districts, which are further subdivided into 169 kwaeng. Each district is managed by a district chief appointed by the governor. District councils, elected to four-year terms, serve as advisory bodies to their respective district chiefs. • There is also an elected Bangkok Metropolitan Council, which has power over municipal ordinances and the city's budget. The last elections for local councils in Bangkok were held on 23 July 2006.
  • 64. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Bangkok • Social situation • There is an average of four million readers for more than 25 Bangkok based newspapers, one of which, Thai Rath, sells over a million copies a day. • The National Gallery located near Sanam Luang is a popular venue for art in Thailand. • Bangkok's popular modern sports are football, golf, bowling and horse racing. The city has many famous league football clubs with a number of international class football stadiums as well as many golf courses and bowling alleys throughout the city. The popular traditional sports are Muay Thai. Fights can be seen in Rajadamnern Stadium.
  • 65. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ JWEF 2011 Research Kit, Copy Right reserved © 2011 | | www.jwef.com.sg Junior World Entrepreneur Forum Day 4 – Base of Pyramid JWEF
  • 66. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Number Slide Name Slide No. 1. Cover Slide 1 2. Table of Contents 2 3 Today’s agenda 3 3. Learning Objective 4 4. What is Base of Pyramid 5-6 5. Games 7- 6. Conclusion 7 Table of Contents
  • 67. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Today’s agenda
  • 68. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Learning Objective
  • 69. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ 1. People who live on less than 2.5 dollars a day 2. Poorest and largest socio-economical group Definition What is base of pyramid
  • 70. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ These unhappy times call for the building of plans that rest upon the forgotten, the unorganized but the indispensable units of economic power...that build from the bottom up and not from the top down, that put their faith once more in the forgotten man at the bottom of the economic pyramid . - Franklin D. Roosevelt
  • 71. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Monopoly Rules • Starting with banker distributing an amount of money to each player • FATE and Business Opportunity card placed face down in allocated location on board • Player selects token and placed on ‘GO’ • Each player rolls dice • Game begins with the highest rolling player and continues to the left • Rolling doubles result in another turn • Each time player passes ‘GO’ he/she receives $200M from banker • Bankers make all financial transactions • Top card from the FATE or Business Opportunity card is taken, obeyed and placed at the bottom of the pile • Free parking is a resting place where no money is awarded • When player is inside the jail – Player cannot collect $200M and their turn ends – Player either rolls doubles or pays $20M to be released – While in jail one can still buy/sell properties and collect rent – Player fails to pay off debts to banks or other player are declare bankruptcy and out of the game
  • 72. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Buying Land • When player lands on an un-owned Land, he/she may buy it at featured price. • Player needs to answer a question related to Base Of Pyramid before buying land. • If player do not wish to buy or answer the question wrongly, banker may hold an auction upon request • the highest bidder wins with the deed given. • When player lands on a landed Land, rent is charged and collected by player as listed as per deed.
  • 73. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Guidelines to form questions for buying properties • How do you suit those poor people’s need? • How can you create more employment opportunity? • What market-specific product can you have? • How can you prosper your business with collaboration of local community? • State one thing that you can do to eradicate them from poverty • What policy do you have for these special group : – Physical disabled – Ex-criminals – Juvenile / Child labor • How to create sustainable business at that area?
  • 74. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Buying property Properties Price Bank $ 60M LAN Shop $ 60M Hotel $ 50M Restaurant $ 50M 7-11 $ 45M School $ 40M • Properties can be purchased if player is the owner of the Land. • Selling of property only return half of what was paid
  • 75. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Research Kit
  • 76. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ North Korea Political Situation: • Communist Country • Do only what the leader says • hereditary dictatorship Economic Situation •GPD is : $28.2 million per year •Per capital: $47 per month •No Free trade •Centralized command economy •Private Business only at special zones Social Situation •Accused to be one of the worst human rights country •Personality cult surrounding Kim ll-sung •Seeking Peaceful reunification with South Korea
  • 77. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Mongolia Political Situation: • parliamentary republic • Very stable • guarantees full freedom of expression, religious and others. Economic Situation •GPD is : $6.125 million per year •Per capital: $2227 per year •Centered on agriculture and mining. •Science and technology is not so advanced Social Situation •Disease spread ( AIDS) •Corruption and racism •prostitution
  • 78. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ China(mountain area) Political Situation: • Communist country • Very stable • People’s congress decides everything Economic Situation •GPD is : $10 trillion per year •Per capital: $7518 per year •Economic starting up, but mountain area( which includes western area) are still very poor •Children cannot even afford to buy pencils and paper for study Social Situation •No free speech •Early marriage •Poor education rate
  • 79. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Cuba Political Situation: • socialist republic • Very stable • Take most effort in military Economic Situation •GPD is : $111 billion per year •Per capital: $7518 per year •Average wage is $16.7 per year, $9 pension •Must pay the government if hire a Cuban Social Situation •Torture •Arbitrary imprisonment •Unfair trails •Extrajudicial executions( El paredón)
  • 80. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Virgin Island Political Situation: • parliamentary representative democratic dependency • Overseas territory of UK • Legislative council was dissolved Economic Situation •GPD is : $853.4 billion per year •Per capital: $20200 per year •Services contribute 92% of the economy Social Situation •Nothing is self produced •Heavily reply on foreign investments
  • 81. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Columbia Political Situation: • presidential representative democratic republic • American style Economic Situation •GPD is : $435.367 billion per year •Per capital: $9566 per year •Very unstable, keep going up and down •17.8% of Colombians live on less than $2 a day •High government debts Social Situation •One tired of the people have been affect in some way by ongoing armed conflict. •Trade union members were being murdered between 1986 and 2010
  • 82. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Ukraine Political Situation: • Republic under a mixed semi-parliamentary semi-presidential system • All powers are hold by Yuschenko Economic Situation •GPD is : $302 billion per year •Per capital: $6656 per year •People are poor, 19.5% live under poverty line •Work two jobs •Farm their own food •Heavily industrial based Social Situation •In a demographic crisis since the 1980s due to high death rate and low birth rate •Big problem with health issue and children having very rough time
  • 83. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Georgia Political Situation: •Democratic semi-presidential republic •Still going through transitions •On the way to democracy freedom Economic Situation •GPD is : $22.443 billion per year •Per capital: $5114 per year •Start to have economic growth in 21st century •More devoted to service(65% GDP) Social Situation •Human rights issue on language and protestors •Education system is still undergo sweeping modernizing
  • 84. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Moldova Political Situation: •Unitary parliamentary representative democratic republic Economic Situation •GPD is : $10.986 billion per year •Per capital: $3082 per year •Service devotes a heavy percentage( 75%) •Poorest country in Europe •Lower living standard and human development compare to others Social Situation •One tired of the people have been affect in some way by ongoing armed conflict. •Trade union members were being murdered between 1986 and 2010
  • 85. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Afghanistan Political Situation: •Corruptions are going on every year •23% of GDP of the nation was taken in 2010 Economic Situation •GPD is : $15.608 billion per year •Per capital: $517 per year •The country has about $1–3 trillion in untapped mineral deposits. •The second least developed country in the world Social Situation •unemployment rate is 35% •roughly 36% of its citizens live below the poverty line. •About 42% of the population live on less than $1 a day.
  • 86. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Iraq Political Situation: •Wars •Between Iran and Iraq Economic Situation •GPD is : $82.150 billion per year •Per capital: $2,563 per year •Iraq's economy is dominated by the oil sector Social Situation • Lack of water during Summer. • Low employment rate due to wars
  • 87. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Laos Political Situation: •is a communist single-party socialist republic. •only legal political party is the Lao People's Revolutionary Party (LPRP). • Economic Situation •GPD is : $15.693 billion per year •Per capital: $2,435 per year •heavily dependent on investment and trade with its neighbours. Social Situation • Lack of human rights • freedom of expression, poor prison conditions, restrictions on freedom of religions, protection of refugees and asylum-seekers and the death penalty
  • 88. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Myanmar Political Situation: •Full of cheating and fraud •Burma's government spends the least percentage of its GDP on health Economic Situation •GPD is : $76.473 billion per year •Per capital: $1,250 per year •the world's second largest producer of opium and source of illegal drugs Social Situation • Lack of human rights • No freedom of speech • Lack of education
  • 89. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Zimbabwe Political situation • Poor governor (eg. Donate large sum of money to help AIDs people in other countries instead of solving AIDs problems in its own country.) Economical situation • GDP $4.644 billion • GDP Per capita $395 • mineral prices become higher • agriculture sector is improving. Social situation • The rights to shelter, food, freedom of movement and residence, freedom of assembly and the protection of the law are violated • the HIV/AIDS epidemic
  • 90. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Turkey Political situation • Well organized governor Economical situation • GDP $960.511 billion • GDP Per capita $13,464 • strict government planning of the budget and government-imposed limitations over private sector participation, foreign trade, flow of foreign currency, and foreign direct investment. Social situation • Lack of human rights
  • 91. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ East Timor Political situation • country is still in the process of building its administration and governmental institutions. Economical situation • GDP $590 billion • GDP Per capita $542 • inherite no permanent maritime boundaries Social situation • Suffering from food hunger • Need food supply from international aid • High birth rate • Illiterate
  • 92. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Somaliland Political situation • Political parties are closely affiliated with a clan Economical situation • GDP is unavailable because its currency is unrecognised. • The Somaliland shilling, while stable, is not an internationally recognised currency and currently has no official exchange rate Social situation • No information
  • 93. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Seychelles Political situation • country is still in the process of building its administration and governmental institutions. Economical situation • GDP $2.129 billion • GDP Per capita $24,837 • The plantation sector of the economy declined in prominence, and tourism became the primary industry of Seychelles. Social situation • Seychelles had no indigenous population, the current Seychellois are composed of people who have emigrated to the island. • The largest ethnic groups are those of African, French, Indian, and Chinese descent.
  • 94. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Seychelles Political situation • No serious problem Economical situation • GDP $2.129 billion • GDP Per capita $24,837 • The plantation sector of the economy declined in prominence, and tourism became the primary industry of Seychelles. Social situation • Seychelles had no indigenous population, the current Seychellois are composed of people who have emigrated to the island. • The largest ethnic groups are those of African, French, Indian, and Chinese descent.
  • 95. JWEF Research Kit Copy Right © 2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Nigeria Political situation • prebendalism and extremely excessive corruption continue to constitute major challenges Economical situation • GDP $216.803 billion • GDP Per capita $1389 • is classified as a mixed economy emerging market, and has already reached middle income status Social situation • Human rights remains poor • Shortage of doctors
  • 96. JWEF Research Kit Copy Right © 2011 JWEF 2011 www.jwef.com.sg ___________________________________________ __________ Research Kit Copy Right Reserved©2011 Done by NYP Subcommittee www.nyp.edu.sg ___________________________________________ __________ Thank You JWEF

Editor's Notes

  • #6: Ms Eliane : Too wordy, put more pictures. Concern over the footer “Done By NYP Sub Committees”, can dun put every slides?, perhaps ask them what defines an entrepreurnial cities? Because everyone have their own definition of entrepreurial cities. Mr Ron : best to put “[2:19:32 PM] Ron Teo: maybe can be like Done by JWEF Subcommittee - NYP”\ Mr Edison: mazybe they can have a idea by watching how I present in Saturday .
  • #7: Ms Eliane: Irreleveelant, too much details Mr Ron: combine the two slidcfes 6-7 to one sildes with a few words.
  • #9: Ms Eliane : so many words, replacement with picture. Factoring seems not a suitable, choose change the title to “Environment Condition of Enterpreurnial Cities” Mr Ron: used image to used.
  • #10: Ms Eliane : more clearerr to “Do you think the following affect you to become entrepreneur?” included picture.
  • #12: picture
  • #15: Ms Eliane: Time to change to 20minutes Mr Ron: Average score to be given.
  • #20: Change to a country view…
  • #70: Ms Eliane : what is the picture got to do with the theme? Too wordy…. Deifntion break down (living standard, amount per day they earn) Defintion tools is wrong, what is base of pyramid…about people not about business strategy.
  • #72: Extract this and put into word document.
  • #74: Make guided answers Specific the rules more clearly If anyhow answer, they will die Objective of the questions to be given.
  • #75: A