Entrepreneurs start business in order to be their own boss and determine their destiny . Most entrepreneurs have few things in common, freedom to make decisions and implement their vision. Entrepreneurs start business to avoid working for someone. Their primary objective is not making money but do what they like most. Money becomes the reward for their hard work .Although, thousands of individuals start businesses eve-ry year, the success rate is low. The major reasons for fail-ures are due to not having adequate information about the business, not understanding the pikes and valley of busi-ness and competition prior to launching the business. Not having passion for the business may contribute for the fail-ure.
In a rapidly evolving world with increasing disruptive technologies, multiple stakeholders across nations, industriesand sectors are confronting growing societal demands about the need for ethics and regulatory frameworks on crossborderdata flows (CBDFs). What does this mean and how to get started? These and many more are pressing questionsfacing policy-makers in multilateral forums with the aims of addressing recent quantifiable impacts of digital trade—atrade dimension comprising the global exchanges of emerging technologies, e.g., data flows, e-commerce, in late twentyand early twenty first centuries. While trade agreements and regional regulatory frameworks have intended to dictateprinciples, norms and rules for several concerns around CBDFs, institutional efforts for setting up an inclusive, multilateralframework are still lacking in the policy arena. With this motivation, the present paper illustrates the case ofEuro Zone’s General Data Protection Regulation (GDPR) as the most comprehensive legal instrument up to date thatmight potentially guide initial policy discussions around the so needed multilateral regulatory and ethical frameworkon CBDFs.
The development of corporate social responsibility (CSR) mainly results from the changes in perceiving the role andfunction of enterprises in the environment. In the literature we can encounter the view that operations of enterprisesshould concentrate not only on the realisation of basic initiatives but also on undertaking a number of ventures to improvesocial and environmental conditions. It means that enterprises should exert positive impact on the environment(both internal and external/closer and farther one). In this paper the Author attempts at analysing CSR in relation tothe insurance service sector. Insurance institutions, as the main entities of the insurance service sector, are the institutionsof public trust which should operate in accordance with fundamental principles of business ethics. The aim of thispaper is to analyse CSR and its impact on internal and external environment of the insurance service sector and to presentthe tools used to assess the results of actions in terms of CSR in the sector of insurance services. Its methodologicalaim is to create a model of quality of insurance service sector. Whereas the application aim is to prepare materials andconclusions to improve the operations of business environments in the insurance market. The results presented comefrom Author’s own scientific research conducted within the framework of research projects. The article uses the methodsof descriptive and quantitative analysis, as well as comparative analysis. The results of the survey conducted in theyears 2010-2014 serve as primary sources.
Uruguay has a developed public health infrastructure which has given them a distinct advantage in pandemic re-sponse effectiveness. Uruguay is experiencing a COVID mortality rate that is significantly lower than the Latin Ameri-can average; businesses reopened in June, 2020. This is a result of a long time commitment to mutual trust between the populace and the government. Even though through the beginning of 2021, there has been an uptick in COVID cases Uruguay has managed to curtail the pandemic once more at the time of this publication in September, 2021. This paper focuses on the historical context that has enabled this collective national trust, which has become paramount to combat-ing the COVID pandemic, along with the success of the domestic market, and the opportunity the nation has to diversify exports. Finally, we emphasize the ability of President LaCalle's Administration to strike international agreements in accordance with Mercosur procedures to accommodate foreign investors seeking to invest in Uruguay.
This paper examines whether linking the institutional design of public-private partnerships (PPPs) to international policy instruments lead to PPPs external effectiveness. To answer this question, I selected the Global Alliance for Trade Facilitation (GATF) as a study case. GATF is an emerging PPP aimed at making international trade simple, fast and cost-effective while creating new business opportunities, enabling greater economic and social development and reduc-ing poverty across developing and least developed countries. While GATF’s current projects are still in progress, it has reported tangible output results aligned with the partnership’s institutional design comprising a roadmap of outcomes and impact results intended over the forthcoming years. Through an exhaustive desk-review of GATF’s annual reports and a general-knowledge interview directed to GATF staff members, I argue that GATF’s institutional design linked to the World Trade Organization’s Trade Facilitation Agreement and the 2030 Agenda for Sustainable Development at-tributes this partnership a significant potential to reap impact effectiveness. By analyzing GATF’s institutional design features according to conceptualization perspectives on PPPs effectiveness, I found that GATF offers a suitable institu-tional design model to attain both external and policy implementation effectiveness. While publicly available infor-mation on GATF’s structure and progress up to date support my findings, I stated the need for empirical assessments on GATF’s performance after its delivery process. Overall, GATF offers a good institutional design model for PPPs aimed at enabling enticing business environments for harnessing trade and investment strategies to advance sustainable devel-opment projects across the world.
