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Business Enterprise for Minority Groups


# 102296
Business Enterprise for Minority Groups
A paper describing a program set up to help minority groups achieve success in the world of business.
1,233 words (approx. 4.9 pages) | 5 sources | APA | 2008 United States


Paper Summary:

This paper discusses "The Minority, Women and Disadvantaged Business Enterprise" (MWBDE) set up to assist minority groups to achieve success in business through public policy. The paper finds that, although the program has been successful in general in some cases, the public policy has conflicted with other local government regulations. The paper relates that women in particular often found that they were being ignored by governmental and business entities.

Outline:
Evaluation of Public Policy Issue
Affect on Stakeholders
Public Policy Utilization
Evaluation of Competing Interest

From the Paper:

"In general the MWBDE public policy was created to benefit the entire community, to include minorities, women and disadvantaged business owners, through their interactions with government and the larger established businesses in the community. The core of the policy provides a means of positively impacting consumers, business owners and the government through business exchanges that ensure growth. However, Langbein and Wilson (1994) contend that these intended benefits have not always been realized because of added local regulations that affect MWBDE groups.
"Langbein and Wilson (1994) discuss the fact that the MWBDE public policy often impacts business owners through local government regulations, which are intended to benefit these entities (p. 259). Langbein and Wilson (1994) state that in many cases the location of a business will determine the costs of the items being sold, the type of items sold and the public sectors that the business may serve. This is because the local government, through zoning laws and taxing determines the standards for business operation in different locales. For example, within public airports the government may implement regulations in which the business is allowed to only sell certain items and these items mist be priced competitively against the prices within other regional airports (Langbein & Wilson, 1994, p. 259). Additionally, local governments generally place airport taxes on these items that are beyond the normal taxation limits found n the surrounding community (p. 259). These taxes are then collected by the government and used for local community need, such as the operation of the local government, roads and schools. The policies do not change in relation to these types of businesses because the local government begins to depend on the income that they produce for the government and alteration of these regulations would mean restructuring of funding or the loss of continuing programs."

Sample of Sources Used:

  • Caputo, R., Dolinsky, A., and Pasumarty, K. (1994). Long-term
  • entrepreneurship patterns: A national study of Black and white female entry and stayer status differences. Journal of Small Business Management. 32(1): 18-27.
  • Cooper, A., Fawcett, S., and Pearson, J. (1993). Challenges
  • and approaches to purchasing from minority-owned firms: A longitudinal examination. Entrepreneurship: Theory and Practice. 18(2): 71-82.
  • Husband, J., and Jerrard, B. (2001). Formal aid in an

Cite this paper

APA Citation:

Business Enterprise for Minority Groups (2012, January 15). Retrieved February 13, 2012, from http://www.academon.com/Term-Paper-Business-Enterprise-for-Minority-Groups/102296

MLA Citation:

"Business Enterprise for Minority Groups" 15 January 2012. Web. 13 Feb. 2012. <http://www.academon.com/Term-Paper-Business-Enterprise-for-Minority-Groups/102296>




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