Case |
Tipping Points |
Main Roles |
Effects on Performance and Growth |
1 |
Conflict with partner |
ST – Wife, Uncles, Aunt |
The business has grown further for the conflict with the partner caused the motivation level of the entrepreneur to increase dramatically; it has also caused competition in the market for the partner has now started his own venture. |
|
Financial Problem/Difficulties |
ST – WifeWT – Bank Officer |
The renovation of the factory has increased the productivity of the firm, and it allows for market expansion. |
2 |
Severe loss of shop burning down |
ST – Daughter |
The firm had to start the business again, thus this had a negative effect on the growth. However, since the involvement of the daughter in the business following the incident, the business recovered quickly and has started to expand. |
|
Financial Problem |
WT - Agency |
|
3 |
Financial Problem |
ST – Parent |
The problem has left the business in a stagnant state for two years. |
|
Huge loss due to export failure |
WT – Business partner |
It does not have any effect to the growth of business. |
4 |
Economic recession and business monopoly |
ST – WifeWT – Other entrepreneurs |
The business had to stop and the entrepreneur was then started a new business with totally different products. |
5 |
Export failure |
ST – HusbandWT – Other Ent |
It does not have any effect to the growth of the business. |
|
Stiff Competition – (dishonest employee) |
ST – HusbandWT – Government Agent |
The problem has caused the business to stagnate. |
6 |
Economic recession- increase in raw material pricing |
ST – Family |
The problem has caused a slow development of the business for the entrepreneur has just started the business. |
|
Low demand for products sold at new shop lot. |
ST - Family |
It does not have any effect to the growth of the business, for that is another business function of the expansion plan. |
7 |
Stiff competition in textile business |
ST – HusbandWT – Friend |
The entrepreneur was able to sustain the business, and then changed to the food products. |
|
Low demand due to the relocation of the business |
ST – HusbandWT – Customer |
The business was stagnant for a few months but then gained its strength for further development. |
8 |
Economic recession |
ST – Husband, Families |
The problem affects business growth. |
|
Loss due to the flood |
ST – HusbandWT – Employees |
The problem affects business growth. |