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Demand and Supply Firms’ Interlock: A Youth-Based Entrepreneurial Initiative

In: Leadership, Innovation and Entrepreneurship as Driving Forces of the Global Economy

Author

Listed:
  • Zaid O. Al Rayes

    (American University of Sharjah)

  • Hayaa M. Azzam Kayiaseh

    (American University of Sharjah)

Abstract

This chapter presents an expanded structure for a conglomerate business setting. It considers the foundation of small entrepreneurship projects inspired by the need of creating sustainable businesses and managed by ambitious youth entrepreneurs. Conglomerates refer to the widely diversified companies operating in a number of distinct lines of businesses or classes of products and services, bonded financially, within the same overall firm. We design a revised conglomerate business structure in which supply and demand are interlocked by small entrepreneurship projects bonded financially in a three-structural-line setting within the same overall parent company. The project is based on hospitality as it became one of the most important business fields in today’s businesses. Managing conglomerate bussiness is associated with many challenges that need more investigations and researches. Managing such diversified business group is one of the great challenges in this chapter. Also, it’s usually costly to set up small entrepreneurship projects especially in Middle East and Gulf countries compared to other countries that encourage the establishments of youth entrepreneurship businesses.

Suggested Citation

  • Zaid O. Al Rayes & Hayaa M. Azzam Kayiaseh, 2017. "Demand and Supply Firms’ Interlock: A Youth-Based Entrepreneurial Initiative," Springer Proceedings in Business and Economics, in: Rachid Benlamri & Michael Sparer (ed.), Leadership, Innovation and Entrepreneurship as Driving Forces of the Global Economy, chapter 0, pages 619-629, Springer.
    • Handle: RePEc:spr:prbchp:978-3-319-43434-6_53
    DOI: 10.1007/978-3-319-43434-6_53
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