ArmeniaMichaela FountainDaniel CollettStephanie Savoian

Map of Armenia

4 Corners of the World

Religion

Technology and Agriculture

KARDASHIAN

NAME GAME ROUND 1

ZAKARIAN

NAME GAME ROUND 2

ASTVASADOORIAN

NAME GAME ROUND 3

Armenian Entrepreneurs

• Avedis Zildjian

• Kirk Kerkorian

• George Krikorian

• Kardashians

Cultural Dimensions

Power Distance: 70.

Individualism: 20.

Masculinity:50.

Uncertainty Avoidance:60.

Long-Term Orientation: high.

Map of Armenia

Armenia Borders

Past Genocide results in closed borders.

Import/export only through Georgia.

Effects on entrepreneurism.

Turkey/Armenia agreement.

Entrepreneurism in Armenia

Pros:

• Ease of setup.

• Strong property rights.

• Strong human capital.

• Growing market opportunities.

Entrepreneurship in Armenia

Cons:

• Lack of government transparency.

• Low purchasing power.

• Cost of capital.