...Celestial Seasonings* In the late 1960s, the era of Woodstock and Summer of Love music festivals, Mo and Peggy Siegel and two friends be- gan picking herbs in the mountains around Aspen, Colorado. They decided to start a company that they named after one of their friends—Lucinda Ziesing, whose nickname was Celes- tial. The next year, 10,000 muslin bags of Mo’s 36 Herb Tea were sewn, filled, and sold to a health-food store in Boulder, Colorado. A year later, Sleepytime Herb Tea was created, and the business was moved to a barn in Boulder. But that didn’t last long. Mo and his friends were onto something hot! Soon they were purchasing herbs around the world and learning how to mass produce their product in a factory. Loose-pack tea was eventually replaced with single-serve tea bags, and addi- tional flavors were created—all of which fueled sales. Today, Celestial Seasonings is recognized as a leader in herbal prod- ucts, accounting for half the herbal tea market in the United States and expanding worldwide. Celestial Seasonings’ core business is herbal teas. Along with Mo’s 36 Herb, Red Zinger, and their best-selling product, Sleepy- time, the company has created over 60 different herbal teas. The tea market is comprised of black teas, herbal and me- dicinal teas, diet teas, iced teas, and Chai, a sweet Indian spiced blend. The U.S. tea market has an annual growth rate of about 10 percent in recent years. Herbal and medicinal teas represent two-thirds of the total tea market...
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...Steve jobs (1955-2011) The man who thought differently Introduction From the start his path was never predictable .Steve Jobs was given for adoption after birth, he dropped out of college after one semester, and at the age of twenty-one , he created Apple in his parent’s garage with his friend Steve Wozniak. Quickly rising to the top of the industry, Jobs pushed all boundaries and cultivated what became the intrinsic hallmark of his genius-his perfectionism, taste and design style. But soon after success, Jobs was fired from the top spot of his own company . Finding himself a beginner again , Jobs entered into one of the most creative periods of his life. Through Pixar, the iPod and the iPhone , Jobs revolutionized the major industries of movies, music and phones. The father of four would be repeatedly compared with the inventor Thomas Edison and auto magnate Henry Ford. People described him with the strongest words: Visionary. Showman. Artist. Tyrant. Genius. Jerk. Your time is limited so don’t waste it living someone else’s life. STEVEN PAUL “STEVE” JOBS was adopted at birth by Paul Reinhold Jobs and Clara Jobs. Jobs was taught how to work on electronics in the family garage , how to take apart and rebuild electronics such as radio and television. As a result he became interested in and developed a hobby of technical tinkering. In the late 1973 Jobs took a job as technician in Atari Inc.( a video game and home computer company).Steve Wozniak...
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...Academy of Management Perspectives February Opportunity Recognition as Pattern Recognition: How Entrepreneurs “Connect the Dots” to Identify New Business Opportunities by Robert A. Baron* Executive Overview How do entrepreneurs identify opportunities for new business ventures? One possibility, suggested by research on human cognition, is that they do so by using cognitive frameworks they have acquired through experience to perceive connections between seemingly unrelated events or trends in the external world. In other words, they use cognitive frameworks they possess to “connect the dots” between changes in technology, demographics, markets, government policies, and other factors. The patterns they then perceive in these events or trends suggest ideas for new products or services—ideas that can potentially serve as the basis for new ventures. This pattern recognition perspective on opportunity identification is useful in several respects. First, it helps integrate into one basic framework three factors that have been found to play an important role in opportunity recognition: engaging in an active search for opportunities; alertness to them; and prior knowledge of an industry or market. In addition, it also helps explain interrelations between these factors (e.g., the fact that active search may not be required when alertness is very high). Second, a pattern recognition perspective helps explain why some persons, but not others, identify specific opportunities. Third...
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...Gabriel Lima AP United States History Mr. Reinhardt June 10th, 2024. Immigration during the Gilded Age and Its Impact on America’s Development. The period between 1870 and 1920, often referred to as the Gilded Age, was a transformative era in American history, marked by rapid industrialization, urbanization, and economic expansion. Central to this dynamic period was the massive influx of immigrants who arrived on American shores in search of better opportunities. These immigrants played a pivotal role in shaping the economic landscape of the United States, contributing significantly to its growth and development. They provided the labor force essential for the burgeoning industries, fueled innovation and entrepreneurship, and enriched the...
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...The Relationship of the IoT and the Smartphone Jasper Venema Student number: 6137822 Coordinator: Professor G.T. Vinig Course: International Entrepreneurship Date: 14-12-2014 Jasper Venema Student number: 6137822 Coordinator: Professor G.T. Vinig Course: International Entrepreneurship Date: 14-12-2014 This paper focuses on the emergence of the Internet of Things (IoT) and the evolution of the smartphone. We have seen big changes in the mobile industry with as headliner the great increase in accessibility to mobile broadband internet. The smartphone is becoming more than just a phone; the next big thing in the industry might be our surroundings. This paper focuses on the emergence of the Internet of Things (IoT) and the evolution of the smartphone. We have seen big changes in the mobile industry with as headliner the great increase in accessibility to mobile broadband internet. The smartphone is becoming more than just a phone; the next big thing in the industry might be our surroundings. Contents Introduction 2 Internet of Things 3 The smartphone 5 Conclusion and discussion 8 Reflection 9 References 10 Introduction A term that is often crossing our path at the moment is the Internet of Things. Although the term “Internet of Things” was first coined in 1999 by Kevin Ashton, its emergence only recently began to take off. It is supposed to be a new, third wave of disrupting technology throughout the internet´s history (Witchalls, 2013;...
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...Social Entrepreneurship and the work that a social entrepreneur does. The Report is a guide to learn Social Entrepreneurship through Handson experience. The Report covers my experience in starting a Social Enterprise, difficulties I encountered during the time and how to make a Social Enterprise a Viable option. This report covers everything from rise of this term Social Entrepreneur, to work done by Social Entrepreneurs, to the Entrepreneurial theories and approaches they follow or must follow. This report also describes several Social Ventures and the people behind those ventures who have brought about a positive social change. Social Entrepreneurship is a relatively new phenomenon and the excitement it has created throughout the world because of the impact it has had is tremendous. This report thus describes what learning social entrepreneurship through hands-on experience is. The Report also lists the various people I contacted for Sponsorship and the manner in which they supported the project. 5 TABLE OF CONTENTS ACKNOWLEDGEMENTS 03 ABSTRACT 04 1. SKILL DEVELOPMENT AND SOCIAL ENTREPRENEURSHIP 06 1.1 INTRODUCTION 1.2 OBJECTIVES 1.3 METHODOLOGY 1.4 DATA COLLECTION 1.5 CHAPTER SCHEME 2. LITERATURE REVIEW 11 3. HISTORY 17 4. MODERN SOCIAL ENTREPRENEURSHIP 22 5. SOME OUTSTANDING EXAMPLES 27 6. THEORIES OF ENTREPRENEURSHIP 33 7. CONCLUSION 38 8. BIBILIOGRAPHY 39 6 CHAPTER-1 SOCIAL ENTREPRENEURSHIP 1.1 INTRODUCTION: Social entrepreneurship is the...
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...physical and human resources, increase the quantity of these same productive resources, and raise the productivity of all or specific resources through invention , innovation and technological progress have been and will continue to be primary factors in stimulating economic growth in any society. ECONOMIC DEVELOPMENT THEORIES Definition of economic development It can be defined as the increase in the standard of living of a nation's population with sustained growth from a simple, low-income economy to a modern, high-income economy. Its scope includes the process and policies by which a nation improves the economic, political, and social well-being of its people. Economic Development also refers to promotion of more intensive and more advanced economic activity through such means as education, improved tools and techniques, more available financing, better transportation facilities, and...
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...Footwear Industry Local Vs Global Footwear Industry Local Vs Global A Secondary Research and Analysis on Local and Global Brands in the Indian Footwear Industry Submitted to: Prepared By: Chirag Bansal Deepti Tripathi(IMT-G) Saurav Mishra (IIM-L) Contents 1. Industry Highlights………………………………………………………………………………………………………3 2. Timeline of the Global Footwear Industry……………………………………………………………………....4 3. Categories in Footwear Industry………………………………………………………………………………….… 6 3.1. Trends…………………………………… ……………………………………………………………………………6 4. Porter’s Five Force Analysis….………………………………………………………………………………….8 5. Market & Competition Analysis……………………………………………………………………………12 6. Success Factors of Global Brands Vs the Failure Factors of the Local Brands………………......17 7.References………………………………………………………………………………………………………………………19 1. Overview FOOTWEAR INDUSTRY SPECIFICS: Primary activities of industry: | Major products and services in industry: | • Athletic shoes manufacturing• Ballet slippers manufacturing• Children's shoes manufacturing• Cleated athletic shoes manufacturing• House slipper manufacturing• Infants'...
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...commercial, public, and social sectors with the facts and insights on which to base management and policy decisions. MGI research combines the disciplines of economics and management, employing the analytical tools of economics with the insights of business leaders. Our “micro-to-macro” methodology examines microeconomic industry trends to better understand the broad macroeconomic forces affecting business strategy and public policy. MGI’s in-depth reports have covered more than 20 countries and 30 industries. Current research focuses on four themes: productivity and growth, the evolution of global financial markets, the economic impact of technology and innovation, and urbanization. Recent reports have assessed job creation, resource productivity, cities of the future, and the impact of the Internet. MGI is led by McKinsey & Company directors Richard Dobbs and James Manyika. Yougang Chen, Michael Chui, Susan Lund, and Jaana Remes serve as MGI principals. Project teams are led by a group of senior fellows and include consultants from McKinsey’s offices around the world. These teams draw on McKinsey’s global network of partners and industry and management experts. In addition, leading economists, including Nobel laureates, act as research advisers. The partners of McKinsey & Company fund MGI’s research; it is not commissioned by any business, government, or other institution. For further information about MGI and to download reports, please visit...
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... Yueying Xu (212832747), Emilie Pryse (212740338), AmynaAmyna (212837373), and Constance Tomson (212804266) All Members from Section C Prepared by: Maryam Arshad (212870234), Yueying Xu (212832747), Emilie Pryse (212740338), AmynaAmyna (212837373), and Constance Tomson (212804266) All Members from Section C Table of Contents Executive Summary 2 General Information 3 Product Overview and Economic Justification 4 Risk Assessment and Mitigation 5 Marketing Plan 7 Marketing Mix 7 Application Development Plan 8 Application Development 8 Timeframe 8 Questions and Approach ……………………………………………………………………….…9 Summary 9 Conlusion 9 Bibliography 11 Appendix A – Crime Rates Comparison 14 Appendix B – SWOT Analysis 14 Appendix C – Estimated Costs 15 Appendix D – Estimated Revenues 15 Appendix E – The LawAssist Working Process 16 Appendix F – Implementation Process 17 Appendix G – Implementation Plan 17 Executive Summary In today’s world, technology is moving at an incredibly fast pace. Industries such as healthcare, retail and finance have all implemented one or another form of modern technology. Out of the many advancements in the past decade, the most significant is cognitive computing. Defined in simple terms, cognitive computing refers to a computer system that is modeled after the human brain (Cognitive Computing). Such a computer system has the ability to naturally communicate with humans and assist them in their everyday lives. Today...
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...Technology Ventures From Idea to Enterprise is p r bite ohi d. se The pre na limi ry p s age are p are rep d fo r s ent tud s of D ho r. T ma Any s. yer sB oth e e r us se The pre na limi ry p s age are p are rep d fo r s ent tud s of D ho r. T ma Any s. yer sB oth e e r us is p r bite ohi d. Technology Ventures From Idea to Enterprise d. Thomas H. Byers Stanford University se The pre na limi ry p s age are p a Richard C. Dorf . Thom f Dr University of California, Davis so t den stu r d fo Andrew J. Nelson are rep University of Oregon Any s. yer sB oth e e r us is p r bite ohi TECHNOLOGY VENTURES: FROM IDEA TO ENTERPRISE, THIRD EDITION Published by McGraw-Hill, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY 10020. Copyright @ 2001 by The McGraw-Hill Companies, Inc. All rights reserved. Previous editions © 2008 and 2005. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written consent of The McGraw-Hill Companies, Inc., including, but not limited to, in any network or other electronic storage or transmission, or broadcast for distance learning. Some ancillaries, including electronic and print components, may not be available to customers outside the...
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...Name: Michaelain Trimon ANR: 893225 Number of Words: 5701 Date: April 24th, 2014 Course: Sustainable Entrepreneurship 2013-2014 Lecturer: * Dr. J.S. Small * Dr. M.A.H. Groen Team Number: 1 Name: Michaelain Trimon ANR: 893225 Number of Words: 5701 Date: April 24th, 2014 Course: Sustainable Entrepreneurship 2013-2014 “On our way to Sustainable Green Printing” “On our way to Sustainable Green Printing” Preface This assignment is about a case study, which means the description of a situation regarding the development of a sustainable business. The case tells a story of how this particular business ended up where it is today. The context of this assignment will give a description of a situation regarding the development of a sustainable business. This case tells the story of how “Andi Druk” started evolving in sustainability and how the company is doing nowadays. Below I will describe the relevant information about the sustainable company. Table of Contents Introduction 4 Section 1: Industry Background 5 1.1 Printing Industry background 5 1.2 Innovation in the printing industry 6 1.4 Government Regulation 7 1.5 Firm size 8 1.6 Trends 8 1.7 Sustainability in the printing industry 9 1.7.1 Cradle- to-cradle and fully sustainable 10 1.8 Opportunities and Challenges for the Sustainability Printing industry 12 1.8.1 Opportunities 12 1.8.2 Challenges 12 Section 2: Company Background 13 2.1 Company Overview 13 ...
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...technology, and the establishment of reasonably open global trading regimes, mean that customers have more choices, variegated customer needs can find expression, and supply alternatives are more transparent. Businesses therefore need to be more customer-centric, especially since technology has evolved to allow the lower cost provision of information and customer solutions. These developments in turn require businesses to re-evaluate the value propositions they present to customers e in many sectors, the supply side driven logic of the industrial era has become no longer viable. This new environment has also amplified the need to consider not only how to address customer needs more astutely, but also how to capture value from providing new products and services. Without a...
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...80 Int. J Latest Trends Fin. Eco. Sc. Vol-2 No. 1 March 2012 The Impact of Information and Communication Technology on Banks‟ Performance and Customer Service Delivery in the Banking Industry Alhaji Abubakar Aliyu, Rosmaini Bin HJ Tasmin Department of Technology Management Faculty of Technology Management, Business and Entrepreneurships Universiti Tun Hussein Onn Malaysia, 86400, Parit Raja, Batu Pahat, Darul Ta’zim, Johor, Malaysia hp090012@siswa.uthm.edu.my rosmaini@uthm.edu.my Abstract - Information and communication technology (ICT) has become the heart of banking sector, while banking industry is the heart of every robust economy. If it collapses so will the economy. This is absolutely evident from current recession in European banks crises, and in turn. The effect of globalization, competition and innovation in the banking industry by its providers to offer their services makes essential the understanding of how various aspects of consumer behaviour affect the innovation and respond to customer service delivery. Within this context this paper has considered a critical literature review of previous researchers with the objective to examine the impact of Information and Communication Technology on banks performance and customer service delivery. This paper also makes of a critical review of peer reviewed, scholarly and organizational literature regarding the impact of ICT on banks’ performance to examine if banks have successfully achieved effective customer’s service...
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...technology, and the establishment of reasonably open global trading regimes, mean that customers have more choices, variegated customer needs can find expression, and supply alternatives are more transparent. Businesses therefore need to be more customer-centric, especially since technology has evolved to allow the lower cost provision of information and customer solutions. These developments in turn require businesses to re-evaluate the value propositions they present to customers e in many sectors, the supply side driven logic of the industrial era has become no longer viable. This new environment has also amplified the need to consider not only how to address customer needs more astutely, but also how to capture value from providing new products and services. Without a...
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