Every
Monday morning, there is a new catchy phrase or headline to describe Global
Economic Transactions. The term “Market”
refers to the general description of a destination; a geographic or cyber place,
time and circumstance under which a product range will be offered to customers,
will best perform and will be consumed. “Production
Circumstances” use adjectives, such as; Recyclable, Renewable Energy, the
Green Economy, Ocean-based with the Blue Economy being the most current, to
describe major Economic Drivers. Balance Budget, Cash-Based, E-Commerce,
Information, Intelligence, or Knowledge based Economy are terms used to
describe “Economic Transactions” processes,
procedures, systems and transfers.
Consider “The Targeted
Market” by defining, identifying and observing trends with products (Goods
and Services) specifically researched and developed and trustily branded.
Within each defined Targeted Market, Clients, Customers and Consumers are being
served by competing Products under and utilizing “Production Circumstances”. A Good displayed on a retail shelve or
direct from its source, a service delivered at a central location or by home
appointment, a solution being applied by bringing in expertise or by sending
out for Training. “Economic Transactions”
are required within each defined Targeted Market: Cash Exchanges, Currency
Conversions, Electronic Networks, Bank Verifications, Intermediary Articles,
Legal Deeds, Financial Bills & Bonds, etc.
Each
Targeted Market, inclusive of the local market, will have unique societies;
People with shared Historical Culture, spread over exclusive geographic or cyber Places, living in economic
environments, demographics which needs to be understood and factored into
Strategic plans. Noting that, The People’s aspirations, Ecological, Social and
Economic Development, will be linked to its Politics. It is this leadership,
via laws, regulations and licenses, which will dictate the success of a
strategic plan based on any entrepreneurial ideas.
The
knowledge of circumstances is the first stage towards any improvement. The term “Product”
refers to general goods and services, made available for trade and consumption,
which provides mutual benefits to all parties involved in the transfer of
ownership. “Product Design”
addresses various components that supports the total product, such as;
transportation, storage, promotion, training, etc. The Entrepreneur,
Risks Taker, Ideas Promoter, (cannot help themselves) goes about life
constantly with improvements in mind.
Human Beings, you and I, must pay particular attention to the
level of risks any development poses. Development cost must include, known and
currently unknown, losses, harm and damage to ecology systems and the cost to
replant, that will eventually affect all Life. Hence, Solutions are now
proposed within and as part of opportunities, initial contributions. Noting, the
waste populations add to the planet, the extraction of raw materials, the
building of road and communication networks and the crowded skies that allow
air travel, all demanded at a cheaper price. Now, please point to the
infrastructure you will stop using and the conveniences you are prepared to
give up?
The
Post Graduate Work (Thesis or Dissertation), moves the ideas into a mixed of
academic research and practical results, judged to be further developed or
abandoned. Engaging the entrepreneur, guided by advisors, service providers, to
produce a highly dynamic, constantly updated, Strategic Plan, which will
eventually extract a Prospectus aimed at Investors and a Business Plan
targeting Lenders.
Rationale
T.A.J
& Associates Company Limited
uses this occasion to comment on topics that have been covered, both academically
and by the mainstream media, to add its opinion and point out investment
opportunity, not to invoke any social action.
