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Small restaurant business expands rapidly
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Analyse the reasons why the government seems to be keen to encourage small firms such as this one.
Do you think the government should control the activities of businesses such as Chai Wei's?
What other measures might the Trade Department have used to assess the size of Chai Wei's business other than number of employees?
- Many jobs are created by small firms
- Small firms create competition for larger firms
- Benefits for the consumers
=> Market share
=> Sales turnover
=> More control
=> Breaks the rules
- Paying wages below the national minimum
- Bribing inspectors
Do you think Chai Wei deserves government support for his business?
Chai Wei
No
=> Already had a succesful business
=> Loan could have been more useful for other enterprises
=> Needs more control
State two aspects of Chai Wei's business that seem
to be covered by government controls.
=> Cheap Loans
=> National minimum wage
=> Food Departments
Fast internal expansion
=> Two strategies
1. Charging very low prices
2.locating in poor areas
Cheap loan
Many thanks for your attention
Any questions?
Small restaurant business expands rapidly
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