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Kom terug naar het Honderd Bunderbos voor een hartverwarmende originele film. Voeg je weer bij de geliefde beer en zijn malle maar trouwe vriendjes voor een magische familiefilm. Wanneer de sombere Iejoor zijn staart verliest, stuurt Uil de hele bende – Poeh, Teigetje, Konijn, Knorretje, Kanga en Roe – op een dolle tocht om Iejoor te helpen, en Janneman Robinson te redden van de geheimzinnige Backson. Het wordt uiteindelijk een hele drukke dag voor een beer die gewoon op weg ging om wat honing te zoeken.
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Many small firms lack the finance and marketing skills needed for firm growth. The standard approach in many business support programs is to attempt to train the entrepreneur to develop these skills, through classroom-based training or personalized consulting. However, rather than requiring the entrepreneur to be a jack-of-all-trades, an alternative is to move beyond the boundary of the entrepreneur and link firms to these skills in a marketplace through insourcing workers with functional expertise or outsourcing tasks to professional specialists. A randomized experiment in Nigeria tests the relative effectiveness of these four different approaches to improving business practices. Insourcing and outsourcing both dominate business training; and do at least as well as business consulting at one-half of the cost. Moving beyond the entrepreneurial boundary enables firms to use higher quality digital marketing practices, innovate more, and achieve greater sales and profits growth over a two-year horizon.
Business Development Services --- Business Practice --- Business Services Market --- Business Support --- Enterprise Development and Reform --- Entrepreneurship --- Firm Growth --- Insourcing --- Outsourcing --- Private Sector Development --- Private Sector Economics
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Why do more small firms in developing countries not use the market for professional business services like accounting, marketing, and human resource specialists? Two key reasons may be that firms lack information about the availability of these services, and that they struggle to distinguish the quality of good versus bad providers. A brand recognition exercise finds that most small firms are unaware of most providers in this market, and a survey of service providers reveals that they largely rely on word-of-mouth and informal reputation mechanisms for acquiring customers. This study set up a business services marketplace that contains information about the different providers present in the market and used mystery shopper visits to develop a quality ratings system. A randomized experiment with more than 1,000 firms provided access to this marketplace to the treatment group and randomized whether firms received just information or also quality ratings. The provision of quality ratings information shifts small firms' preferences over which provider they would like to use, increasing the average quality rating of their preferred providers by 0.2 to 0.4 ratings points out of 5. However, neither the provision of information nor these quality ratings had any significant impact on the likelihood that small firms go on to hire a business service provider over the subsequent six months. The results suggest that alleviating information frictions alone is insufficient to increase usage of professional business services.
Business Development Services --- Business Support Program --- Enterprise Development and Reform --- Firm Size --- Private Sector Development --- Professional Business Services --- Quality Rating --- Small and Medium Size Enterprises --- Small And Medium-Sized Enterprises --- Small Firm Growth
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Dit vermakelijke familieavontuur van Disney lanceert je naar een hele nieuwe wereld vol fantasie en verrassingen. Ga mee met Lewis, een briljant wonderkind, op een reis door de tijd om de toekomst te redden en de familie te vinden die hij nooit gekend heeft. Met de hulp van de fantastisch maffe familie Robinson leert Lewis om altijd vooruit te blijven kijken en in zichzelf te blijven geloven. Meet The Robinsons bevat bovendien nooit-eerder-vertoond bonusmateriaal waaronder verwijderde scènes en een nieuw spel.
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This paper identifies separate and unique pathways to profits among small businesses in South Africa that are exposed to marketing or finance training in a randomized control study. The marketing group achieves greater profits by adopting a growth focus on higher sales, greater investments in stock and materials, and hiring more employees. The finance group achieves similar profit gains but through an efficiency focus on lower costs. Both groups show significantly higher adoption of business practices related to their respective training program. Consistent with a growth focus, marketing/sales skills are significantly more beneficial to firm owners who ex ante have less exposure to different business contexts. In contrast and in line with an efficiency focus, entrepreneurs who have been running more established businesses prior to training benefit significantly more from finance/accounting skills.
Business Training and Education --- Efficiency Focus --- Emerging Markets --- Entrepreneurship --- Finance and Accounting Training --- Firm Performance --- Growth Focus --- Job Creation --- Marketing and Sales Training --- Randomized Control Trial --- Small Business Growth
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Business survey outcomes for micro and small firms are notoriously noisy, with multiple sources of measurement and recall error. This paper introduces a new survey methodology that combines automatic consistency checks of electronic data collection with triangulation and dynamic adjustment to arrive at more precise estimates of business performance. The methodology uses insights from behavioral science to lower the cognitive cost of initial recall and establishes salient and relevant anchors to allow for dynamic triangulation and adjustment toward a final estimate. The validity of this method is field tested against traditional performance measures as well as administrative data across three emerging markets: Ghana, Rwanda, and Uganda. The results show significant upward adjustment from traditional measures for both sales and profits, a lower coefficient of variation in the cross-section, and higher autocorrelation in panel data. Comparisons with administrative data further confirm a higher correlation and closer magnitude relative to traditional measures. This research reconciles recommendations for increased attention to survey design with a method to leverage electronic survey technology beyond consistency checks.
Employment and Unemployment --- Energy and Environment --- Energy Demand --- Evaluation --- Hydrology --- Information and Communication Technologies --- Measurement --- Microenterprises --- Small and Medium-Sized Enterprises --- SMEs --- Social Protections and Labor --- Survey Methods --- Underreporting --- Water Resources
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