Entrepreneur Essays (Examples)

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Strategic Planning vs Strategic Intent Thinking Conventional

Words: 1065 Length: 4 Pages Document Type: Essay Paper #: 38896266

Strategic planning VS strategic intent thinking

Conventional strategic planning refers to guides created by an Organization or a business to map out how it will reach its goals and setting the foundation to the entire organization to know what is expected of them. This provides the organization with the clear view on how to achieve a stated vision for the chosen potential market target and how a company can attend and serve its customers consistently effectively so as to get profits all the time and not losses.

Eton Lawrence (1999) describes Strategic intent thinking as the purpose the organization is striving for or the intent goals of the company which helps in long-term planning of how to distribute work effectively among its members so as to achieve their goals.

Strategic intent thinking provides focus on members of an organization on how to divide their energy among themselves as they focus…… [Read More]

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Innovation Henry Ford Innovation of Products and

Words: 1066 Length: 3 Pages Document Type: Essay Paper #: 23052180


Henry Ford

Innovation of products and services:

'If I asked people what they wanted, they would have said faster horses' -- Henry Ford

Knowing the customer is critical when introducing innovative customer requirements. While conventionally-minded companies may survey customers, asking them what they think they want and need, ground-breaking companies try to anticipate consumer desire. That is what Henry Ford meant when he said: 'If I asked people what they wanted, they would have said faster horses'. Steve Jobs has also been praised for leading rather than following consumer's technological tastes, such as when he created smaller, portable music devices that could be easily carried when working out and did not 'skip' like old-fashioned CDs. The Apple iPad was much mocked, yet consumers lined up to buy this device that was smaller than a laptop yet larger than a PDA. When creating all of his devices Jobs famously distained…… [Read More]

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Profit Maximization An Actual or Theoretical Objective

Words: 1577 Length: 5 Pages Document Type: Essay Paper #: 60362890

Profit Maximization: An Actual or Theoretical Objective?

Profits are necessary to day both for the capitalist socialist and any type of economy to survive. Multinationals and giant companies have the profit motive and therefore maximizing profit as the base of their operations. This also goes under a new label namely stock holder gain. This is a form of profits that happens when the profit margins of the company go up and the market reflects these profits. Therefore profit maximization is or rather ought to be actual. To enter the argument therefore it is necessary to examine what profit is and how it is maximized.

Theories of Profit and Profit Maximization:

A firm survives if it can provide for the costs of production, the factors of production and then have a surplus for the entrepreneur. Profits are the foundation of the capitalist economy. Profit is based on the desire for personal…… [Read More]

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Pacific Garbage Patch as IT's Often Referred

Words: 1801 Length: 6 Pages Document Type: Essay Paper #: 71453130

Pacific Garbage patch, as it's often referred to, exists between the U.S. mainland and Hawaii. Many estimates put its size at over two times larger than the state of Texas (Zhang, Zhang, Feng, and Yang, 2010). Much of this waste is composed of plastic, styrofoam, and other materials containing harmful ingredients that do not break down very quickly. In fact, much of this material ends up in the food chain due to the way it breaks down and is absorbed by organisms in the ocean. This garbage patch has been steadily growing, the product of waste dumping and pollution from the U.S., China, India, and other countries on or near the Pacific Rim. There are currently many scientists trying to both understand the true impact of the patch as well as trying to come up with ways to remedy it and prevent it from growing.


The Great Pacific Garbage…… [Read More]

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Brand Strategy a Soft Drink Manufacturer Creating

Words: 1182 Length: 4 Pages Document Type: Essay Paper #: 57890989

BRAND STRATEGY a soft drink manufacturer creating a brand an energy drink. Write a report benefits developing a brand strategy. Focusing communication theory itt a critical analysis branding concepts processes communication strategies successfully brand drink.

Brand Strategy Benefits

The process of globalization has significantly intensified competition in most business fields. This situation determines companies to increase their efforts and investments in creating competitive advantage. Some of them focus on developing high quality products and services, while others prefer to use opportunities determined by cost efficiency. In addition to this, companies understand the necessity of developing a marketing strategy oriented towards reaching the objectives that the company has the resources of reaching.

Some of these companies also focus on developing brand strategy. This is because specialists in the field consider that companies' brands are important tools that can be used in order to improve customer loyalty. Therefore, it is important to…… [Read More]

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Innovation and Theories of Management Managerial Planning

Words: 2604 Length: 8 Pages Document Type: Essay Paper #: 97380941

Innovation and Theories of Management.

Managerial Planning and Leading in Organizational Innovation

The account presented here is intended to examine the role of innovation in modern business practices. Particularly, this will be examined from the perspective of management and with a focus on the two primary management functions of Planning and Leading. The literature review hereafter considers these functions of management in direct relation to the complex questions pertaining to innovation. Primary areas of consideration are the decision-making which enters into the determination of whether to innovate or to follow market patterns; the impact of market externalities and economic cycles on this decision; and the correlation of internal factors and personnel matters on this decision. The discussion ultimately produces the finding that innovation is only suited for those firms possessing the right mix of internal and external conditions.


Corporate innovation is often thought of as an inherency in the…… [Read More]

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Steve Jobs' Leadership Steve Jobs Founded Apple

Words: 831 Length: 2 Pages Document Type: Essay Paper #: 61090453

Steve Jobs' leadership

Steve Jobs founded Apple because he had a passion to create a new, stylish, user-friendly computer. He did not become an entrepreneur to make money. Jobs was motivated by a desire to see his ideals for what technology should look like and feel like become manifest. This passion became clear after Jobs returned to the company he founded after a brief hiatus. "For years, Jobs plugged away at Apple with his more proprietary approach, not worrying much about Wall Street's complaints. In fact, one of his first moves was to take an ax to Apple's product line, lopping off dozens of products to focus on just four… Apple has eschewed calls to boost market share by making lower-end products or expanding into adjacent markets where the company wouldn't be the leader. 'I'm as proud of what we don't do as I am of what we do,' Jobs…… [Read More]

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Proponents of Free Market Systems Argue That

Words: 656 Length: 2 Pages Document Type: Essay Paper #: 41895560

Proponents of free market systems argue that free enterprise leads to more efficient production and better response to changing consumer preferences. Others point to the fact that markets are not perfect. Consider both viewpoints and respond to both sides of the issue with your viewpoints.

The 20th century contains many examples of the inefficiencies of purely a 'command-based' economy. Command or planned economies keep employment artificially high and the prices of goods artificially low. There is little incentive to create new enterprises to meet consumer demands, and little incentive for workers to be productive. Scarcity seems hard-wired into the system and corruption and bribery is rampant as consumers resort to the black market to get the goods that they desire.

In a free market system, the 'invisible hand' of the market determines what goods and how many goods are produced. "Adam Smith assumed that consumers choose for the lowest price,…… [Read More]

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Rapid Innovations in Technology Particularly Telecommunications and

Words: 13153 Length: 44 Pages Document Type: Thesis Paper #: 37448132

Rapid innovations in technology, particularly telecommunications and transportation, have accelerated the globalization process in recent years, and a number of positive outcomes have been associated with these trends, including increased levels of international commerce and improved cross-cultural understanding and communications. Despite these significant positive outcomes, the same globalization processes have also further exacerbated existing economic and political inequalities between developed nations such as the United States and the United Kingdom. These glaring disparities between the very rich and the very poor have also been cited as a major contributor to the incidence of international terrorism, making the need for informed and timely approaches to resolving these inequalities more important than ever before in human history. To this end, this dissertation/thesis provides a review of the relevant literature concerning political and economic inequalities that are attributable to globalization and how these inequalities have contributed to international terrorism in recent years, and…… [Read More]

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Local Central African Banks Burundi Rwanda &

Words: 4930 Length: 17 Pages Document Type: Essay Paper #: 51289088

local central African banks: Burundi, Rwanda & DRC can learn from the way European banks operate

T a b l e o f c o n t e n t s

Short description of the issue:

Description of how local central African banks operate: In Africa

Description of how European banks operate

How and what can central African banks learn from European banks?

This dissertation (Thesis) is a description, how and what local central African banks can learn from the way European banks operate. This focuses on the banking sector development in central Africa and Europe. This central African region is calling Greats lakes region. As the traditional financial sector is unable to meet the needs of the majority of population in this region, we will try to provide some African central banks examples: Burundi, Rwanda and Congo.

Short description of the issue

Banks have always played a very important…… [Read More]

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Social Marketing Plan Stop Crime Be a

Words: 3285 Length: 7 Pages Document Type: Essay Paper #: 30386786

Social Marketing Plan

Stop Crime, Be a Human first

Historically, South Africa was colonized under a brutish Apartheid system where there was a clear distinction in South Africa between the various divisions of the population before 1991. These racial categorizations were the Africans (black), Asians, the Coloreds and the Whites. This law has long been abolished but the majority of the South Africans still view each other along these racial lines (U.S. Department of state, 2011). It is estimated that the population of South Africa is 49.9 million people of whom the black Africans make up the 79.4% of the population and are also divided into various ethnic groups. The whites take up 9.2% while the Indian/Asians make up 2.6% of the total population and 8.8% being the coloreds (SouthAfrica.info, 2011).

According to Beggs et.al, (2001) there is a wide disparity between the blacks and the whites holding white collar…… [Read More]

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Social Corporate Responsibility The Source of Conflict

Words: 3932 Length: 13 Pages Document Type: Essay Paper #: 24418376

social corporate responsibility?

The source of conflict

CSR with profitability

Opposing Friedman: The view of others

In the article "the social responsibility of business is to increase its profits" by Milton Friedman, he takes the position that various corporations can never be socially responsible. He believes that it's only the people in the company who have responsibilities. Friedman (1970) suggests that the concept of social responsibility should be taken by corporate executives of various businesses but not by businesses themselves. This is because it is the corporate executive's responsibility to conduct business and steer the business to profitability. The corporate executive's ethical values and those of the corporation owners should interact in a way that creates value in the corporation. They could be divergent but should be geared towards the profitability of the corporation. This paper is a critique of the article. The paper is based on a divergent view…… [Read More]

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Exchange of Goods and Services Between Two

Words: 5883 Length: 20 Pages Document Type: Essay Paper #: 55867612

exchange of goods and services between two or more people, otherwise known as commerce, is as old a practice as mankind. In recent times commerce has added a twist, pairing it with electronic resources. With the invention of the computer and the creation of the Internet business done online became known as Electronic Commerce (e-commerce). E-commerce combines technology, information systems, and the long reaching arm of the Internet to bring together businesses and customers in a paperless exchange of business information. It has proven to be an alternative means of conducting business that formerly was done in person, by phone, or in a brick-and-mortar store.

Business-to Business electronic commerce facilitates inter-organizational interaction and transaction. Here two or more business entities interact with each other directly or through an intermediary (Kumar & Kumar, 2009). In 1990 Tim Berners-Lee invented the World Wide Web, taking an academic computer network and transforming it…… [Read More]

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Chick-Fil-A Identifies Analyzes Important External Environmental Factor

Words: 1353 Length: 5 Pages Document Type: Essay Paper #: 54655337


Identifies analyzes important external environmental factor remote, industry, external operating environments o Identifies analyzes important internal strengths weaknesses organization: Include assessment organization's resources.

Chick-fil-A: A forward-thinking, old-fashioned restaurant

Chick-fil-A: A forward-thinking, old-fashioned restaurant

Chick-fil -- A is a rare type of fast food restaurant. Like In-and-Out Burger, it attracts the patronage of many loyal 'foodie' customers who would otherwise not darken the door of a franchise. Chick-fil -- A is known for its high standards of quality and service. Founder Truett Cathy created a sandwich made of high-quality white breast meat that was then fried in a pressure cooker with peanut oil, placed on a fluffy white bun, and seasoned with a unique blend of spices topped with a signature pickle. The company's owner has also assumed a high degree of personalized control over the evolution of the company, which is unusual in a fast food enterprise (Chick-fil-A, 2010,…… [Read More]

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Georgia Pacific the New Organizational Culture at

Words: 965 Length: 3 Pages Document Type: Essay Paper #: 26997411

Georgia Pacific

The new organizational culture at Georgia-Pacific is driven by the CEO's leadership style. The human resources function has been altered to support the new organizational culture. This paper will show how the three different components are intertwined and support each other.

When Joe Moeller took over as CEO of Georgia-Pacific, he began to revamp the company to make it function differently than it had before. He knew that such profound organizational change would require three key elements. The first is support from the top. The second is a shift in the organizational culture and the third is a change in the human resources practice. His leadership style emphasized the value of all three to the organizational change process and he was willing to be the first to exemplify that change.

Organizational change efforts typically succeed only when they are supported by senior management. Without senior management support, employee…… [Read More]

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Technology on Personal Relationships the

Words: 13203 Length: 50 Pages Document Type: Dissertation Paper #: 85885493

In many ways, students live both in the land-based or physical world as well as in the virtual world; leading what some considers parallel lives.

Helliwell & Putman (2004) posit that social networking sites may offer an avenue for the development of greater social capital which may serve to further reinforce students' likelihood of integrating Facebook and other social media sites into their regular routines. A suggestion made as to the possible reason for the purported decline in mature interpersonal relationships is social media and advances in technology Helliwell & Putnam, 2004.

The following study will build a base of knowledge regarding several popular social media sites including Facebook, and examine the role social media plays in a college students' development and interpersonal relationships.

Technology has revolutionized and transformed the way in which people relate in one another and in this way it has greatly impacted the communication between people.…… [Read More]

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Institutions Are Defined as the Existence of

Words: 2301 Length: 7 Pages Document Type: Essay Paper #: 63059807

Institutions are defined as the existence of formal rules, on the one hand, and informal conventions and norms (such as impolitic societal rules that constrain behavior and impose forms of conduct) on the other. A system of enforcement structures are set in place to ensure that society abides to both and the strength of that enforcement system generally determines the extent to which individuals of a particular society will abide by its rules and conventions.

Enforcement may be carried out by various means depending on the specific set of situations. It may be carried out by self-enforcement (such as when one imposes upon oneself dietary restrictions of eating in order to lose weight). Enforcement may also be carried out by a second party as retaliation (as, for instance, another refusing to cordially greet the other is impolitely dealt with). Thirdly, and most strongly linked to maintenance and support of institutions,…… [Read More]

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Theory Whether Formal Every Group

Words: 4055 Length: 13 Pages Document Type: Research Paper Paper #: 74699701

While there are clearly circumstances where the civil society sector is at odds with the state, there are at least as many where the relationship is one of interdependence and mutual support…. The state has thus emerged in the modern era not as a displacer of nonprofit activity but as perhaps the major philanthropist… (Salamon & Anheier 1997, p. 63-64).


Calprig is an independent statewide student organization that works on issues such as environmental protection, consumer protection, hunger and homelessness. In essence, members of Calprig desire to build a better society through a plethora of volunteer activities. The group also provides students with the opportunity to practice their effective citizenship both on and off campus. This semester, the organization focused primarily on six campaigns: The Ocean and Plastic Ban is a short-term goal to ban plastic bags in Los Angeles California; Big Agriculture, although not a lot planned for…… [Read More]

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Dell Computers Incorporated Is a

Words: 1427 Length: 4 Pages Document Type: Term Paper Paper #: 82850203

Because of this, in less than two decades, Dell became the number-one retailer of personal computers. Michael Dell still remains wary of having extra parts building up in a warehouse that should handle items built and ready to ship ("A Revolution of One," 2001). That inventory obsession continues to reduce Dell's inventory while increasing the profit on cost of goods sold.

Dell's concept of direct marketing is a critical key to success. Most computer companies sell their products to retailers, who sell them on to customers. This indirect distribution process obviously adds cost since there is profit needed for the manufactured, shipping costs, store sales and inventory costs, and associate taxes. Dell's model eliminates this through direct selling. Furthermore, this approach brings a number of other critical business advantages. By dealing directly with its customers, Dell is able to more accurately judge consumer trends and react quicker to market changes,…… [Read More]

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Keeping Up With the Kardashians

Words: 4992 Length: 15 Pages Document Type: Research Paper Paper #: 61123867

" In order to see how this influences the show's representation of the interpersonal relationships of the family, one may examine a scene from the first episode, in which the editing choices serve to identify the shop as a particular kind of expressive space.

The special role of the shop as a space of differential relationships and conversations can be seen in the first episode when Kourtney and Khloe are in the shop discussing a dinner Kourtney had with Scott the night before, where Scott acted aloof and generally impolite. The two sisters discuss Scott's astrological sign and the way it relates to Scott's personality, and later, when Scott arrives, the three of them discuss the variability of Kourtney and Scott's relationship in positive terms, highlighting the fact that they can make up so readily. All the while, Kris has been in the store, but she does not speak throughout…… [Read More]

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Mollie's Job William Adler's Mollie's

Words: 1181 Length: 4 Pages Document Type: Book Report Paper #: 84704285

Adler reveals that poverty is systemic: a sign of a corrupt system. Mollie James' and Balbina Duque's only chance of extricating themselves from poverty is to inject more political power and energy back into the formation of labor unions. The power of the people to overcome and overthrow corrupt regimes has been proven time and again throughout human history; the struggle is not an easy one but there is no way that Duque or any of her colleagues around the world are going to achieve any upward social mobility within the current system. Besides just the suppression of labor unions and the collusion between the PRI and big business, other examples of how systematic and systemic the problem is include the glaring idiocy of the bailouts. The Clinton administration arranged a record-breaking fifty billion dollars to the very people who were creating the problems that James and Duque faced. As…… [Read More]

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Human Resource Management Policies Organizations & Burger

Words: 1886 Length: 6 Pages Document Type: Essay Paper #: 62017384

human resource management policies organizations & Burger king 3.2analyse impact regulatory requirements human resource policies Burger King 4.1analyse impact Burger King structure management human resources 4.

Human Resources Management at Burger King

The role of HRM policies

In today's business community, the employees represent intellectual capital and create value for the employer; in this setting, they are perceived as the most valuable organizational asset (Pindroh, 1996).

In this understanding of the employees, the field of human resource management has been significantly developing to create new policies that support the economic agents in better understanding and motivating their staff members. The ultimate scope of the HRM policies at any organization -- including Burger King -- is that of increasing the performances of the staff members, and ultimately enhancing the overall organizational performances. In other words, the human resource management policies are developed and implemented in an effort to align the individual…… [Read More]

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Business Enterprise and Innovation in

Words: 2699 Length: 10 Pages Document Type: Essay Paper #: 12554739

The "driving forces" that are fueling growth in the PHS industry are not unique, but they have been focused on an "innovation process [that] often leads to changes in market structure composed by varied players, and the appearance of novel services in the market" (Gao & Damsgaard 2007, p. 185). Not all industries have shared the positive experiences of the mobile telephone industry in China, though, and a number of obstacles and challenges remain firmly in place that tend to hamper innovative practices in China, and these issues are discussed further below.

Obstacles and Challenges to Innovative Practices

Obstacles and challenges to innovative practices can adversely affect an enterprise's two fundamental innovative activities, (a) product innovation and (b) process innovation (Lin & Lin 2010). Typically, higher product quality is related to higher production costs, while process innovation attempts to minimize such production costs (Lin & Lin 2010). In either case…… [Read More]

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E-Commerce Marketing Plan Overview of

Words: 1324 Length: 5 Pages Document Type: Business Plan Paper #: 79006700

Well-designed CMS sites allow for highly effective ways to create frequent updates to a site without any confusion over which version is the most current. CMS design can also make it easier for a company to implement an integrated IT strategy. This is a direction that more and more companies are taking.

Flash and Video

In addition to what can be described as a purely technical advantage that MocFish has over similar firms, it has an advantage along aesthetic lines. The degree of visual sophistication that the most effective websites now have is so far beyond the stage when Amazon's one-click check-out system was state of the art that expert wed design has become almost a necessity. MocFish can offer both videos and Flash elements that will make any company's website attractive.

One of the most difficult aspects of marketing in terms of ecommerce is how to make a company's…… [Read More]

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Strategic Analysis the Situation Facing Matt Is

Words: 619 Length: 2 Pages Document Type: Essay Paper #: 5073916

Strategic Analysis

The situation facing Matt is one that often faces entrepreneurs as they contemplate new ventures. It seems as if Matt has decided that creating a regional (and then national) running magazine is a good idea, and now he has to sell his wife on the concept.

The concept is a simple one; provide a relatively inexpensive alternative marketing plan to race event promotors. The magazine's customers are the event promotors, as well as race sponsors and suppliers. The magazine's market are runners interested in running races; initially in specific regions and later across the country.

The company's core competency is that it is filling a need that is currently unfilled. The drawback is that the need can also be filled quite easily by other firms; but it can only be effectively filled by only one company. This competency gives the company a leg up in the first market,…… [Read More]

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Revive the Economy the United

Words: 1367 Length: 4 Pages Document Type: Term Paper Paper #: 42552936

4. Potential Solutions

Economists and authors offer several alternative solutions to the current solutions suggested by the government and political debate. The current solution proposed by government is spending cuts. As mentioned, this may not be the optimal solution to the country's economic woes, since it is likely that this is likely to simply drive the country into further crisis. Instead, a solution should involve creating greater spending power among the general population so that businesses can once again sell their products and services at healthier levels.

One solution that has been used in the past is tax cuts and rebates. Reich (2011), for example, suggests that the overall economy of the country will only repair itself when the average American citizen has more money in his or her pocket. Reich's solution is by means of tax cuts, where the first $20,000 of income is exempt from payroll taxes.

Another…… [Read More]

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Mice Marketing Proposal the International

Words: 2173 Length: 7 Pages Document Type: Business Proposal Paper #: 82872814

In addition, Rome's issue is not name recognition, but rather positioning. Public relations is more effective at shifting the positioning of the Rome brand than attending trade shows.

The primary advantage of a PR campaign and the related media relations is that the message reaches the target market. The media are beneficiaries of the campaign, so will be willing partners. This allows the message to be spread. Public relations is also highly effective in changing perceptions and the nature of the dialogue. If the campaign goes well, companies will see doing a European product launch in Rome as the norm, and Italian companies in particular will see the benefit of launching in Rome. Another advantage of a public relations campaign is that it is a relatively low cost means of disseminating the message. With the media doing the bulk of the work, supported mainly by online marketing and perhaps an…… [Read More]

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Management Principles Explain the Terms

Words: 2651 Length: 7 Pages Document Type: Essay Paper #: 8020024

3. What are the main developments that have enabled more flexible work arrangements to flourish?

The pervasive adoption of the Internet as a means to collaborate, communicate and accomplished shared objectives has been the single greatest contributor to the development of virtual teams. The many software applications that are used across the Internet, from shared workspaces called groupware and secured portals to real-time chat and collaboration platforms designed to secure connect workers globally, innovation continues to make new levels of productivity (Hayman, 2010). The Internet set the foundation for free services including Skype that can connect virtual teams globally in seconds with both voice and video connections. Cloud computing is also increasing the adoption of shared collaboration and communication platforms, leading to the creation of applications that can enable 24/7 development of complex products and services across virtual teams. There are also advances in performance management applications and tools that…… [Read More]

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International Business Graduate Education --

Words: 1884 Length: 4 Pages Document Type: Annotated Bibliography Paper #: 20699220

This method is a descendant of a Rand Corporation study methodology changed from war planning and now applied to changing university curricula. It will produce changing and dynamic profiles as the needs arise for a study.

It is a research technique with flexibility that has been used in a program at the University of Calgary to explore new concepts of the information systems body of knowledge in business. The Delphi method is a process to collect and distill the anonymous judgments of experts while using a set of data collection/analysis techniques that are interspersed with feedback. The method is suited as a research tool when there is incomplete data about a problem or phenomenon. This method works well when the goal is to improve the understanding of problems solutions, or to make forecasts. It is advantageous from a quantitative standpoint. It is very useful for helping to develop profiles of…… [Read More]

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Fashion Which Truly Fits and

Words: 351 Length: 1 Pages Document Type: Admission Essay Paper #: 82129238

I used Yahoo Japan, a kind of Japanese eBay, and bought Pokemon cards from Japanese people at a low price point. I was able to resell cards at a premium price to Americans on eBay. While still in high school I became a top-rated seller on eBay, meaning I sold more than $12,000 in merchandise in 3 months.

My special something is my entrepreneurship. My business taught me the need to research what consumers want and look for new ways to do business. The world has just overseen the passing of a great entrepreneur -- Steve Jobs -- who changed the way human beings communicate because of his entrepreneurial genius. As Jobs said: "Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work." I know that if I love what I…… [Read More]

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Global Business Strategies A First

Words: 1065 Length: 3 Pages Document Type: Essay Paper #: 68383454

) (Weiss, 2011).


1. The Sloan Brothers. Taking Your Startup to a Foreign Market. On the Internet at http://www.startupnation.com/business-articles/1471/1/startup-foreign-market.asp. Last retrieved on October 5, 2011

2. Weiss, Darryl. Opening in a Foreign Country; be careful. On the Internet at http://www.globalhrnews.com/story.asp?sid=158. Last retrieved on October 5, 2011

Third student

It is important for management to work on how to set up a business in a foreign country. There are so many options available, each with its own advantages and disadvantages, that management can take into considerations all these before arriving at a reasonable and profitable decision. First of all, the role of the company in the foreign market needs to be defined. According to this role, the company can act as a representative (of another foreign country or even of a local one), as an export company or a distributor (Entrepreneur, 2001).

Another decision to make is whether the company…… [Read More]

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Business Analysis of First Scenario

Words: 709 Length: 2 Pages Document Type: Reaction Paper Paper #: 41825439

Liz makes this statement in her speech along with the concept of building a better mousetrap. At the center of the lack of focus on strategic planning, Liz isn't ca0pturing what makes her business unique, differentiated and inherently more valuable that competitors. The problem is one of myopic focus on the business that gets in the way of seeing the potential to use customer experience as a valuable differentiator or segmentation boundary for example. The lack of strategic planning with boundary conditions or parameters is especially evident in how the speech doesn't get down to key points and provide actionable advice.

This lack of coordinated outside view of the markets, competition, trends in the market and how CanGo can capitalize on them shows the company needs a more robust strategic planning framework. The solution would be to standardize on the Porter Five Forces Model (Porter, 2008). Using this model will…… [Read More]

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Technology Has Evolved a Great

Words: 13130 Length: 43 Pages Document Type: Dissertation Paper #: 42093143

Again, Mc Donald's has managed to deal with competitive threats posed by both these market players due to the fact that the prices that Burger King, Starbucks and Costa Coffee charge are much higher than that charged by Mc Donald's. The primary reason behind higher prices of Costa Coffee and Starbucks is the fact that their target market is much stronger and niche as compared to that of Mc Donald's. The recent economic crunch however, has benefitted Mc Donald's as many people who prefer sophisticated ambience, due to their lower purchasing power and increased inflationary pressures now prefer Mc Donald's over the likes of Starbucks and Costa Coffee. As a result, Mc Donald's is the strongest market player in the Global region today.

Mc Donald's target market includes all the people who travel for leisure and/or business purposes and prefer to have a luxurious accommodation. The cafe provides best possible…… [Read More]

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Personality Matching on Online Dating

Words: 819 Length: 2 Pages Document Type: Term Paper Paper #: 48687049


Based on your response to #1 above, do you think websites like Match.com and eHarmony are more or less likely to lead to positive relationship outcomes. Why or why not? Include research findings and citations to justify your answer, when appropriate.

It is axiomatic that nothing succeeds like success, and the continuing success of eHarmony and others suggests that this service is satisfying a real demand in the digital age where more and more people are seeking long-term relationships online (Dheeriya, 2009). Although the personality profiles developed by eHarmony and Match.com may be initially exaggerated, Gackenbach (2007) suggests that these methods do in fact provide a viable foundation for establishing a lasting relationship.


Which personality traits do you think are associated with trying to find a mate online (as compared to using traditional method?) What personality factors lead people to search online for mates?

The Millennial Generation is…… [Read More]

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Rural Higher Education Higher Education

Words: 3090 Length: 10 Pages Document Type: Literature Review Paper #: 33383721

The study found that while the students sought out information from a variety of sources, the sources they found most valuable were parents, friends, teachers, and school counselors. Students in upper grades (11th & 12th) were more likely than students in lower grades to seek out information, and upper level students were more likely to find school counselors, college resource materials, campus visits, and college representatives as most helpful, compared with lower grade students (9th & 10th) who reported that parents, relatives, or siblings were most helpful. There are several implications of this study for colleges and universities. First of all, as school counselors were cited as an important resource for information, colleges need to work with counselors to make sure they have up-to-date information. Griffin et al. (2010) explain that "erroneous information can lead to unrealistic expectations that may cause students to select goals and take actions that can…… [Read More]

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Training and Development

Words: 615 Length: 2 Pages Document Type: Research Paper Paper #: 65059557

Training and Development

Improving security at Classy Convention Center (CCC)

Super Safe Security (SSS) has branded itself as a company that provides top-quality security at high-risk events. Unfortunately, several highly-publicized events at one of our best-known clients, Classy Convention Center (CCC), have garnered negative publicity for our organization. We promise security with less than a 0.1% error and unless we can deliver upon this promise we are likely to be overtaken by our lower-cost competitors.

Concerns have been raised that SSS employees do not have the skills necessary to monitor the metal detectors to optimalize attendee security. The first proposed solution to this problem is that current employees should be retrained. However, retraining costs money: an estimated $15,000. But if action is not taken quickly to save face, and more security breaches are reported, the loss of revenue to the company could be even greater in the long run. There…… [Read More]

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IASB and FASB Joint Conceptual

Words: 661 Length: 2 Pages Document Type: Essay Paper #: 82789588

This is important, because it shows specific issues that are being dealt with, surrounding how a reporting entity will account for these issues. (Conceptual Framework 2011)

The measurement phase is when you were creating standards that can be used to accurately calculate the financial information that is being provided. Where, both entities have identified a number of issues that can help to create a universal standard to include: valuation strategies, confidence in the standards that are being presented and how to calculate interest rates along with other charges. In this case, a tremendous amount of progress has been made in: determining the various standards and which ones will be used. This helps to support the objectives and qualitative characteristics, by ensuring that a standard of measurement is used that takes into account these different viewpoints. (Conceptual Framework 2011)

The reporting phase is when there is a discussion about: what is…… [Read More]

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Vision Report on Business Report

Words: 3682 Length: 11 Pages Document Type: Term Paper Paper #: 20983708

It is noteworthy that most recently the government started soliciting opinions from legal academies, interested groups and the general public when drafting a major piece of legislation, to achieve democratic lawmaking and advance further compliance with the law (Lo, V.I., 2007).

The most important economic event at this stage or in the years following the 1978 economic reform in China is undoubtedly its accession to WTO at the end of 2001. Following 15 years of numerous negotiations and adjustments of policies, China eventually entered the mainstream world economy and started enjoying the benefits and facing the challenges of WTO.

In response to WTO requirements, China underwent a "make-over" in many aspects. A brief summary of China's WTO promises is shown in Figure 9A. According to the WTO agreement, China is subject to reviews by the WTO in the 8 years following its accession. The most recent one was announced in…… [Read More]

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ACME International Business MNE Financing

Words: 642 Length: 2 Pages Document Type: Research Paper Paper #: 90720035

A joint venture with companies in the homeland of the new facility is a distinct possibility. The great advantage of joint ventures is that the home company knows and understands the cultural environment better than that of a MNE. "Each member of the joint venture retains ownership of his or her property. And each member of the joint venture shares only the expenses of the particular project or venture… Joint ventures enjoy tax advantages over partnerships, too. Capital Cost Allowance (CCA) is treated differently. While those in partnerships have to claim CCA according to partnership rules, those in joint ventures can choose to use as much or little of their CCA claim as they like" (Ward 2011).

The Starbucks Corporation has had great success with joint ventures in its expansion overseas. "In markets outside the continental United States (including Hawaii), Starbucks' strategy was to license a reputable and capable local…… [Read More]

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Decision Whether to Internationalize or

Words: 6941 Length: 22 Pages Document Type: Research Paper Paper #: 98517610

46). Likewise, Gillispie suggests that an incremental approach can be used to "test the waters" for even very small companies seeking to project an internationalized presence. In this regard, Gillespie recommends that companies, "Craft a scaleable master design that represents the major aspects of your business worldwide and anticipates the degree of localization that will be required in each market. The degree of localization can have a real impact on budgets and timelines" (2008, p. 45). These are important factors for companies in general where limited resources and a lack of experience may preclude more aggressive internationalization initiatives, and these issues are directly related to a company's internal resources as discussed further below.

Internal resources

The company has a wide range of specialized internal resources which are described in Table 2 below.

Table 2

Internal resources of RBG Limited

Business Unit


Specialist Cleaning

RBG's Specialist Cleaning division offers a…… [Read More]