Dragons’ Den is a actuality TELEVISION programme which allows entrepreneurs to pitch their business ideas to a panel of enterprise capitalists (‘dragons’) so as to safe an funding in return for a percentage of their enterprise. All through the years (since 2005), there have been just a few adjustments in the Den.
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In analyzing Ansoff’s product market level business methods it is clear to see that Rio Tinto’s Iron Ore business present technique is market penetration. Rio Tinto Iron Ore group comprises wholly owned subsidiaries and joint venture initiatives which extends to development projects in Africa and India (Rio Tinto , 2012). Rio Tinto is concerned in steady market growth initiatives and it is at present investing over US$ 15 billion within the next five years in Pilbara. This enlargement will enhance greater than 50 per cent of their present capability and represents the most important integrated mining mission in Australian history. In keeping with the Ansoff Mannequin this may be thought of a Market Penetration.
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It’s true that Nigeria is blessed with crude oil (petroleum) but the query is on how correct is the volumes that are exported in a foreign country. As an example a head in one oil servicing company within the country could export about one thousand barrels of crude oil from the nation and went back and gave a report back to the federal government that he exported 5 hundred barrels. What happens to the remaining five hundred? The money goes into his private account-corruption in the higher order.