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ROUTES OF ENTRY TO AN OPTOMETRIC ENTEPRISE Ms Rosmin Iqbal Hussain BOptom (UKM), CMBA (UNIMAS)
Selection Of Business Entity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Selection Of Business Entity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Routes Of Entry Of  A Business ? (Selection Of Alternatives) BASED ON YOUR ABILITY  AND CAPABILTY Taking over the existing business Self Starter ROUTES OF ENTRY OF A BUSINESS? SUPPORT FROM THE PRINCIPALS Technical Agreement Franchise  Management  Agreement Licensing Patent Rights Multilevel Marketing Merger / JV Internet Agency
How to choose TYPE of Business Entity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sole Proprietorship Company = YOU Own by one person Register  RM60 Registration of Business Act 1956 Amendment 1978 Act 197
Sole Proprietorship - Advantage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Sole Proprietorship - Disadvantage ,[object Object],[object Object],[object Object],[object Object]
Partnerships 2-20 persons : Section 14 (3)(b) 2-50 persons: Section 14(3)(a) Intention to gain profit together  ‘ Contract letter’ - optional
Partnerships - Advantages ,[object Object],[object Object],[object Object],[object Object]
Partnerships - Disadvantages ,[object Object],[object Object],[object Object],[object Object]
Pvt Limited Company (Sdn Bhd) Members 2-50 at any one time, Company’s entity and owner’s entity is separated, Needs: Board of Directors Minimum 2 persons as directors,  one of them to be chairman Internal audit, company secretary  or others.
Pvt Limited Company - Advantages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Pvt Limited Company - Disadvantages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Public Corporation ,[object Object],[object Object],[object Object],[object Object]
Public Corporation… Advantages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Public Corporation… Disadvantages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
OTHER ENTRY MODES
Joint Venture / Collaboration ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Joint Venture / Collaboration ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Joint Venture / Collaboration ,[object Object],[object Object],[object Object]
Joint Venture / Collaboration ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Joint Venture / Collaboration
Joint Venture / Collaboration ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Joint Venture / Collaboration ,[object Object],[object Object],[object Object],[object Object]
Strategic Alliance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Some alliances benefit the company.  Beware, alliances can end up giving away technology and market access with very little gained in return.
Making Strategic Alliances Work ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Successful partners view the alliance as an opportunity to learn rather than purely as a cost- or risk-sharing device.
Structuring Alliances to Reduce Opportunism Opportunism includes the expropriation of technology or markets
Acquisition ,[object Object],[object Object],[object Object],[object Object]
Franchising… Symbol Group ,[object Object],[object Object],[object Object],[object Object]
Franchising… Symbol Group ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Franchising… Franchisor ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Franchising… Franchisor ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Franchising… Franchisee ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Franchising… Franchisee ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Entry Modes: Strategic Factors Cultural environment Political/Legal environments Market size Production costs Experience Access to supplier channels
END
QUIZ
QUESTIONS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]

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Edited routes of entry to an optometric enterprise 2

  • 1. ROUTES OF ENTRY TO AN OPTOMETRIC ENTEPRISE Ms Rosmin Iqbal Hussain BOptom (UKM), CMBA (UNIMAS)
  • 2.
  • 3.
  • 4. Routes Of Entry Of A Business ? (Selection Of Alternatives) BASED ON YOUR ABILITY AND CAPABILTY Taking over the existing business Self Starter ROUTES OF ENTRY OF A BUSINESS? SUPPORT FROM THE PRINCIPALS Technical Agreement Franchise Management Agreement Licensing Patent Rights Multilevel Marketing Merger / JV Internet Agency
  • 5.
  • 6. Sole Proprietorship Company = YOU Own by one person Register RM60 Registration of Business Act 1956 Amendment 1978 Act 197
  • 7.
  • 8.
  • 9. Partnerships 2-20 persons : Section 14 (3)(b) 2-50 persons: Section 14(3)(a) Intention to gain profit together ‘ Contract letter’ - optional
  • 10.
  • 11.
  • 12. Pvt Limited Company (Sdn Bhd) Members 2-50 at any one time, Company’s entity and owner’s entity is separated, Needs: Board of Directors Minimum 2 persons as directors, one of them to be chairman Internal audit, company secretary or others.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23. Joint Venture / Collaboration
  • 24.
  • 25.
  • 26.
  • 27.
  • 28. Structuring Alliances to Reduce Opportunism Opportunism includes the expropriation of technology or markets
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36. Entry Modes: Strategic Factors Cultural environment Political/Legal environments Market size Production costs Experience Access to supplier channels
  • 37. END
  • 38. QUIZ
  • 39.
  • 40.