Potential, Challenges And Operation Performance Analysis of Small Business:With Special Reference to Telecommunication Components Sector of the United States of America

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The problems of small companies in the telecommunication components sector (signal processing components) have been and are the subject of many discussions and publications. In many cases, such companies have been started based on past results of "experiments" and failed, amongst other things, because of bad location. Poor location and poor operation management along with strong competition resulting in low sales are some reasons of the failures of small firms. In global markets, small firms are additionally forced to compete with theirs large counterparts and many other small ones. The newcomer to this field has to consider that it is useful to start with a elaborate strategy and to carefully implement this.

This presentation is based on following objective:

1.To analyze challenges and potential of small businesses regarding the industrial development of the U.S.

2.To analyze the factors influencing firm performance with special reference to the small telecommunication components companies of the U.S.

In this context, organizational and financial factors, value chain factors and market forces are important and will be discussed in detail during the presentation.

The empirical analysis shows that these models can also be applied to small U.S. companies in the telecommunication components sector. Results of the study also indicate that composite performance index developed is a better measure than individual performance indicators.

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5:00PM: Networking and Buffet Dinner

6:00-7:30PM: Talk

Free dinner will be served to all the attendees at 5:30 PM. All are welcome. You don't have to be IEEE member to attend the talk.

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