Fundamentals of Business

Like Big Science, high technology

Like Big Science, high technology is an international phenomenon, spanning continents, epitomized by the worldwide communication of the Internet. Thus a multinational corporation might work on a project 24 hours a day, with teams waking and working with the advance of the sun across the globe; such projects might be in software development or in the development of an integrated circuit. The help desks of a multinational corporation might thus employ, successively, teams in Kenya, Brazil, the Philippines, or India, with the only requirement fluency in the mother tongue, be it Spanish, Portuguese or English.

High tech sectors
Aerospace technology, Biotechnology, Information technology, Nanotechnology, Robotics.

EXTRA USEFUL BITS

Business plan

Set of documents prepared by a firm's management to summarize its operational and financial objectives for the near future (usually one to three years) and to show how they will be achieved. It serves as a blueprint to guide the firm's policies and strategies, and is continually modified as conditions change and new opportunities and/or threats emerge.
When prepared for external audience (lenders lenders, prospective, investors investors) it details the past, present, and forecasted performance of the firm. And usually also contains pro-forma balance sheet, income statement, and cash flow statement, to illustrate how the financing being sought will affect the firm's financial position.

Every successfu successful business plan l should include something about each of the following areas, since these are what make up the essentials of a good business plan.

That is:
An analysis of the relationship between one firm's micro and macro environment;
"The best business plan is the one whose contents are feasible".

You can get free sample business plans from:
U.S Small Business Administration
Website: http://www·sba·gov/
Bplans·co·uk
Website: http://www·bplans·co·uk/Sample_Business_Plans/
Microsoft
Website: http://office·microsoft·com/en-us/results·aspx?qu=business+plan