Tuesday, November 18, 2008

Small Business Administration

The Small Business Administration was created on July 30, 1953. This administration was created from many different predecessor agencies to respond to the effects of the Great Depression and World War 2. Many small businesses were left in the dust during the war because big corporations could create war machines much faster. Small businesses were unable to compete with the big businesses.
The Small Business Administration aids, counsels, protects, and assists small businesses. It also promises a business a fair proportion of sales of surplus property and government contracts. Since it was created SBA has given to small businesses twenty million loans, contracts, loan guarantees, counseling sessions, and other assistance.
The SBA regulates small businesses. Some people believe that big businesses are more efficient than small businesses. The problem with getting rid of small businesses is they make innovations. Most of small businesses produce items that are in our houses, shops, and museums. They also employ many workers.

http://www.sba.gov/aboutsba/history/index.html

Friday, November 7, 2008

Sudden Impact

"Sudden Impact" is an article about Esther Phiri, a woman boxer from Zambia. She grew up poor and had no way to support her job unless she acquired sponsors. Zambia is poor enough to where corporations nor the government can afford to sponsor athletics. Finally the general manager of national milling decided to sponsor one of Phiri's fights. She won and national milling signed a two year contract with Phiri. Now Phiri is a famous boxer and National Milling is also popular.

My opinion is that she deserves what she got sense she had to work hard to get there. National Milling made a great decision to sponsor her. She should win more fights and when her contract expires make a deal with a corporation with more money.