OWC Watch Company: Facing the Hard Truth of Success and Failure

內容大綱
In December 2013, an entrepreneur based in Orange, a small town in Australia, is considering the difficulties besetting his five-year-old start-up, the Orange Watch Company. He faces seemingly insurmountable challenges: his business is located far away from major cities; Australia is not close to the demand or supply market for high-end watches and watch parts, which is largely in Asia and Europe; and he has limited financial resources. Yet he continues to persist in his efforts to grow the firm. He has come close to bankruptcy several times and his venture is far from being able to provide a steady stream of income. He is wondering whether to continue to push forward or if he should shut his business down.
學習目標
The case can be used in undergraduate, graduate or executive classes in entrepreneurship and strategy, which have a focus on innovation and culture. The objective of the case is:<br><ul><li>To allow students to look at a venture which that has experienced several setbacks over its short life.</li><ul>
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