Intrapreneurial and Entrepreneurial Opportunities

Verified

Added on  2022/12/27

|10
|2588
|427
AI Summary
This document discusses the entrepreneurial opportunities available to Langley Child Development Center. It explores the potential for collaboration and partnership business, as well as the impact of trends on opportunities and sustainability. The document also provides an assessment of the most compatible and attainable opportunity for the center. Overall, it offers insights into the entrepreneurial landscape for Langley Child Development Center.

Contribute Materials

Your contribution can guide someone’s learning journey. Share your documents today.
Document Page
Running head: INTRAPRENEURIAL AND ENTREPRENEURIAL OPPORTUNITIES
INTRAPRENEURIAL AND ENTREPRENEURIAL OPPORTUNITIES
Name of the Student
Name of the University
Author note

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
1INTRAPRENEURIAL AND ENTREPRENEURIAL OPPORTUNITIES
Table of Content
Introduction................................................................................................................................2
Entrepreneurial Opportunities....................................................................................................2
Entrepreneurial Assessment.......................................................................................................4
Trends.........................................................................................................................................5
Impact on opportunities..........................................................................................................6
Impact on sustainability.........................................................................................................6
Conclusion..................................................................................................................................7
Document Page
2INTRAPRENEURIAL AND ENTREPRENEURIAL OPPORTUNITIES
Introduction
Entrepreneurial opportunities are usually defined as situations where products and
services can be sold at a price greater than the cost of their production. The nature and source
of entrepreneurial opportunity are important issues for understanding how markets function
and come into being. In this paper the analysis will be done on the basis of the company
named Langley Child Development Center and the entrepreneurial opportunities that are
available to them. In the previous discussion of Langley Child Development Center it can be
found that the benefit of the company comes from the nationally accredited programs that
provides an affordable, high quality and developmental child care services and contributes to
the families of the civil servants and air force officials in the US. This paper contains five
sections where the first section will present few entrepreneurial opportunities that are
currently available to Langley Child Development Center; the second section comprised of
one of these opportunities and assessment of how likely that opportunity can be utilized; In
the third section, evaluation of the trends that may be affecting are analyzed ; the last and not
the least part will assess the impact of these factors on the entrepreneurial opportunity and the
sustainability of Langley Child Development Center.
Entrepreneurial Opportunities
As discussed at the introduction Entrepreneurial opportunities are situations where
products and services can be sold at a price greater than the cost of their production.
However, in this case the Entrepreneurial opportunities for Langley Child Development
Center will be the scope that can be used by the organization to increase their competence,
while several competitive advantages with significant profitability. From the SWOT and
Market analysis done in previous milestone the following Entrepreneurial opportunities for
Langley Child Development Center have been found.
Document Page
3INTRAPRENEURIAL AND ENTREPRENEURIAL OPPORTUNITIES
The center has its branches in the US and gaining popularity among the air force
officials through its appealing services. The infrastructure of the school is attracting the
parents, and therefore there is a high demand for this type of daycare system among the local
servers or air force officers’ families. Another important factor that creates an opportunity for
this particular daycare center is its continuous research process about the improvement of
their services. For developing the center directly to the needs of the families of these Air
Force service through information and customer opinion can help the company to get the
facilities required (Negiz & Uçar, 2017). Hence, using this scopes the organization can also
make a new Entrepreneurial opportunity to get more favorable outcome. Entering into some
collaboration or some kinds of partnership business that will be helping for the proper
propagation of the industry, which means by entering into a partnership with the local doctors
like the nutritionist or the physical trainers and others such as collaborations. Langley Air
force child development center can collaborate with the West coast childcare resource center
to get some good ideas and resources. It has been also found that this organization has also
used data security tool, that practice in making the reliability in the overall result (Powers et
al., 2018).
The daycare system is providing services for or a different section of the day. It is
extending the opening hours therefore when the parents need to work on their weekends the
center can be opened during Saturdays for caring the children while their parents are working
(Giuntini et al., 2016). There is a massive opportunity for the organization to expand itself in
the countries where the army officials get posted. The potential markets can be the Gulf
countries where the presence of the US Air force is higher than in other countries. In addition
to this, the South American countries like Venezuela can be another potential market for
expanding the child care center admin to provide services to the air force official families.

Secure Best Marks with AI Grader

Need help grading? Try our AI Grader for instant feedback on your assignments.
Document Page
4INTRAPRENEURIAL AND ENTREPRENEURIAL OPPORTUNITIES
Langley CDC has many opportunities that are effective for managing their goal and make a
practical decision in the context of the organizational task. This organization solves the
acceptance and usability issue at least time, which will also lead to creating a reliable choice
in the context of the regulatory mission. Moreover, this firm could manage the risk
effectively that leads to getting a stable outcome (Stefko, Gavurova, & Korony, 2016). This
organization has used top-down design and makes a valid decision in the context of the
current matter. It could also be imperative in managing the decision systematically. This
method is useful in making the liaison between top to down level of employees.
Entrepreneurial Assessment
Among the above Entrepreneurial opportunities, the aim of this assessment is to select
the most compatible and attainable one, which could be really beneficial for the Langley
Child Development Center. Considering all the aspect it has been found that utilizing
collaborative or partnership business will be the most strategic Entrepreneurial Advantage in
this service industry. The following section will assess the significance of this selection.
Entering into some collaboration or some kinds of partnership business that will be
helping for the proper propagation of the industry, Which means by entering into a
partnership with the local doctors like the nutritionist or the physical trainers and others such
as collaborations. From the PEST analysis it has been found that the financial condition of
this country proves that it is the largest economy of the world and its financial system in this
country is well developed (Smith, 2017). Hence, if the company has to increase the total
operational cost , which could lead to more service cost, the target consumers behavior will
not be changed at all, rather they could be more interested to avail such quality services.
The social status of America is a high standard where the population has a higher
scope of the study and create a group for employees in any industry. Hence, Langley Air
Document Page
5INTRAPRENEURIAL AND ENTREPRENEURIAL OPPORTUNITIES
force child development center can collaborate with the West coast childcare resource center
to get some good ideas and resources while equally utilizing the emerging workforce from
appropriate labor market. It has been also found that this organization has also used data
security tool that practice in making the reliability in the overall result (Powers et al., 2018).
Trends
Evaluation of key trends affecting the global business environment, specially for the
selected market domain. When it comes to the trend analysis, the social trends, consumer
behavior, offerings of other business could be considered. In this section some of the major
trends of this chosen market have been discussed.
There are a large number of organizations that are offering child care opportunities. In
particular, the in house childcare offering agencies will be gaining immense importance
(Bassok et al., 2016). Because people opting for the in house child care services will be able
to keep their child within their houses along with the attendants. Good social relationship of
guardian or parents at higher social cohesion level have been found at the global level where
proper behavior enforcement and informal care among child and youth is chiefly
considerable. Along with that in global level, the aspects like community, family level
components are reinforcing each-other overtime that is playing a significant role in creating
cross-national distinctions in health and development.
There are already many services available that supported by directly and indirectly by
communities and national level association, because they inspire the action of Child and
Youth Programs. At the same time, youth and adolescents are portraying how to engage in
initiatives of community development, that is also increasing the credibility with ethnic
populations. The bargaining power of the target consumers are also very high where they are
Document Page
6INTRAPRENEURIAL AND ENTREPRENEURIAL OPPORTUNITIES
willing to select other organization services besides these companies and are shifting their
memberships to them.
Impact on opportunities
From the above trend analysis it has been found that the social perception, global
interests and consumer behavior of the target market domain are shaping the opportunities of
Langley Child Development Center significantly. It has been considered already that
collaborative approach could be a better opportunity. However, the social paradigm and
consumer behavior it can be said that Langley Child Development Center has to develop their
collaboration strategy in a way that can promote global level programs that while motivating
the cognitive ,social-emotional and physical development of children and youth throughout
the stages of their young lives by recognizing their difference and encouraging self-
confidence, creativity, self-discipline, and resiliency while providing experiential learning for
literacy, math, science, life studies, socialization, healthy lifestyles and others (Zahra &
Wright, 2016). If they are made to undertake acuities like running, jogging, swimming under
the collaborative business structure, there is a chance to portray the individuality of the
service further.
Impact on sustainability
All of the above factors can also influence the sustainability of the business as well. It
is untenably true that a social care organization like Langley Child Development Center does
not need much CSR or corporate social responsibilities to increase business ethics and
sustainability. However, some factors lead to different changes and innovation opportunities
to the sustainable business development, such as introduction of techniques, the growth of
individuals, also child and youth programs prohibit discrimination against its customers,

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
7INTRAPRENEURIAL AND ENTREPRENEURIAL OPPORTUNITIES
workers, and applicants for a job on the bases of color, culture difference, national origin,
age, sex, political beliefs, marital status, sexual orientation and others.
The organization could have a lack of convenience facility that could also negatively
impact on organizational performance and sustainability (Mettler, 2016). If Child and Youth
care program want to achieve the sustainability it should design the activities or programs in
the international and national business environment, while analyzing the fundamental factors,
like hazards, discrimination, stigmatization and other ethical issues to shape the future
sustainability (McInnis-Bowers, Parris and Galperin, 2017). On the other hand, after
assessing these elements, this is coherent that these components affect business operations
and activities of different companies related to child and youth programs in a significant
manner.
Conclusion
From the above discussion it can be found that the nature and source of
entrepreneurial opportunity are important issues for understanding how markets function and
come into being of a social service organization like Langley Child Development Center. It
has been found that entering into some collaboration or some kinds of partnership business
that will be helping for the proper propagation of the industry, which means by entering into
a partnership with the local doctors like the nutritionist or the physical trainers and others
such as collaborations. Along with that in global level, the aspects like community, family
level components are reinforcing each-other overtime that is playing a significant role in
creating cross-national distinctions in health and development. Child and youth programs
prohibit discrimination against its customers, workers, and applicants for a job on the bases of
color, culture difference, national origin, age, sex, political beliefs, marital status, sexual
orientation and others can lead to more sustainable business development.
Document Page
8INTRAPRENEURIAL AND ENTREPRENEURIAL OPPORTUNITIES
References:
Bassok D Fitz-patrick/M Greenberg E. & Loeb S. (2016). Within?and between?sector quality
differences in early childhood education and care. Child Development, 87(5), 1627-
1645.
Burns, P. (2016). Entrepreneurship and small business. Palgrave Macmillan Limited.
Giuntini, G., Forli, F., Nicastro, R., Ciabotti, A., Bruschini, L., & Berrettini, S. (2016). Early
care in children with permanents hearing impairment. Acta Otorhinolaryngologica
Italica, 36(1), 51.
McInnis-Bowers, C., Parris, D. L., & Galperin, B. L. (2017). Which came first, the chicken or
the egg? Exploring the relationship between entrepreneurship and resilience among
the Boruca Indians of Costa Rica. Journal of Enterprising Communities: People and
Places in the Global Economy, 11(1), 39-60.
Mettler, M., (2016). Blockchain technology in healthcare: The revolution starts here. In 2016
IEEE 18th International Conference on e-Health Networking, Applications and
Services (Healthcom) (pp. 1-3). IEEE.
Negiz, N., & Uçar, A. (2017). A Case Study on the Social Service Activities of the
Municipalities: An Evaluation with SWOT Analysis. Recent Developments in
Sociology and Social Works, 359.
Ortega-Altamirano, D. V., Rodríguez-Oliveros, G., González-Unzaga, M. A., & Reyes-
Morales, H. (2018). Perceptions of childcare staff for preventing overweight in
Mexican preschool children: A SWOT analysis. Salud pública de méxico, 60, 166-
174.
Document Page
9INTRAPRENEURIAL AND ENTREPRENEURIAL OPPORTUNITIES
Schaper, M. (Ed.). (2016). Making ecopreneurs: Developing sustainable entrepreneurship.
CRC Press.
Slot, P. L., Leseman, P. P., Verhagen, J., & Mulder, H. (2015). Associations between
structural quality aspects and process quality in Dutch early childhood education and
care setting. Early Childhood Research Quarterly, 33, 64-76.
Smith, R. C. (2017). Transnational Localities: Community, Technologies and Politics of
Membership within the Context of Mexico and US Migrations 1. In Transnationalism
Stefko, R., Gavurova, B., & Korony, S. (2016). Efficiency measurement in healthcare work
management using Malmquist indices. Polish Journal of Management Studies, 13.
Tandon, P. S., Saelens, B. E., & Christakis, D. A. (2015). Active play opportunities in
childcare. Pediatrics, 135(6), e1425-e1431.
Thurman, P. W. (2016). Entrepreneurship and sustainability: business solutions for poverty
alleviation from around the world. Routledge.
Zahra, S. A., & Wright, M. (2016). Understanding the social role of
entrepreneurship. Journal of Management Studies, 53(4), 610-629.
1 out of 10
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]

Your All-in-One AI-Powered Toolkit for Academic Success.

Available 24*7 on WhatsApp / Email

[object Object]