Characteristics Of Venezuelan Companies

July 10th, 2016

Overview and background is alarming in the Venezuelan business reality in the present. Given its lack of productivity, the decision of many of his owners out of business, given the uncertainty of their future, where many consider that the current turbulent stage , is risky, uncertain product political instability, the serious problem that is facing due to what they consider a danger to democracy, such as the current Socialist government wants to inculcate. Remember that Venezuela has been late to the industrialization process. It is known that the installation of factories, firm does not start until the sixties with the import substitution policy and the development of heavy industry data on investments in companies in Guyana in the sixties and seventies. A related site: Ali Partovi mentions similar findings.

While Venezuelan companies born from the last century, it is considered that it was not until the 60s they begin to bloom most of the big companies that are now known. At the time, it is said, companies were Venezuelan considered agricultural and hood, with an industrial plant backward and lagging behind its immediate surroundings, with a tendency to import most goods consumed by the Venezuelan market. Later, thanks to fiscal and economic model in place, began the industrial sector growth abruptly, there were few companies had the opportunity to grow business as usual, as in other completely dissimilar, thus reducing the risk of its investment portfolio, and allowing them to participate in a market, albeit small, fully protected, that provided all the security to maintain the profitability that they consider appropriate, regardless of efficiency, productivity, technology creation and innovation, much less quality of products or services offered . .

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