MGTA01H3 Lecture Notes - Lecture 4: Netflix
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MGTA01H3 Full Course Notes
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Document Summary
Entrepreneurship and small businesses: canada is a market economy, anyone can start a business, no fees, no government permission needed to start a business unless if there are strict conditions, construction, bars liquor licences, selling to military, drugs/pharmaceuticals, wireless company (bandwidth, pricing, area, 380 new businesses everyday, netflix: crtc wants to treat them as a broadcast, cbc, ctv: regulations put on them; content has to meet canadian requirement, competitiveness, overall 8th, government 9th, infrastructure 7th, business environment 5th, small businesses, textbook definition: owner managed, less than 100 employees, problem: impossible to know, can only estimate, recent estimate: 2. 4 million, working in a small business, total working population: 17 million, 8% of canadians are self employed, nearly 25% work in business < 5 others, nearly 50% work in business < 50 others, small business failure rates, easy to start a business, easy for them to fail, for a successful business.
