Learning Team Assignment Desperate for entrepreneurs by Amy S. Choi from Businessweek

Article AnalysisWe, as a team, analyzed and evaluated a present-day(prenominal) scotch clause from Business Week?s website. dire for Entrepreneurs, obligate was written by germ Amy S. Choi, on whitethorn 15, 2009. The author presents tough economic factors effecting a county in calcium; discussing its un art rate, lodgment, and wherefore low businesses atomic number 18 falling. Merced County has multiply the unemployment rate than California at 22% and is second highest in the number of foreclosures in the res publica (Choi, 2009). The team presented economic concepts, substantiating and negatives and a recommended course of action. The member Desperate for Entrepreneurs non only relates to Merced County, simply to the earth as a whole. Merced County could set the pace with unseasoned strategies of helping lively lilliputian business owners. If the strategy works, hence the nation could actualize positive outcomes and work on empowering our small business owners crossways the country. ?The small businesses are the backbone of our country,? states Choi (2009). This small Californian County relied heavily on the new university to bring growth, employment and accommodate opportunities. The lodging developments flourished, with hopes of growth from the university?s development. The university only provided just about 1600 jobs ? possible homebuyers; not just about enough to fulfill the housing developer?s dreams (Choi, 2009).

Houses tarry marginal and finished houses were abandoned in foreclosures; which lead Merced to the nation?s second highest foreclosure numbers. Unemployment rate of Merced C ounty is nearly double that of the replete(! p) state of California. With the above mentioned economic factors we found almost advert concepts. Some of the key concepts that we saw while analyzing the article are discussed below. We learned of the surplus of houses, due to abandoned homes and unfinished housing developments. The surplus of housing has caused the price of homes to lower. Homeowner loans are... If you pauperism to get a full essay, order it on our website: BestEssayCheap.com

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