...THE BLACK BUSINESSMAN: OBSTACLES TO HIS SUCCESS Author(s): DEMPSEY J. TRAVIS Source: The Black Scholar, Vol. 4, No. 4, THE NEW BLACK BOURGEOISIE (January 1973), pp. 19-21 Published by: Paradigm Publishers Stable URL: http://www.jstor.org/stable/41163617 . Accessed: 08/07/2014 00:10 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. . Paradigm Publishers is collaborating with JSTOR to digitize, preserve and extend access to The Black Scholar. http://www.jstor.org This content downloaded from 35.8.11.2 on Tue, 8 Jul 2014 00:10:37 AM All use subject to JSTOR Terms and Conditions THE BLACK BUSINESSMAN: OBSTACLES TO HIS SUCCESS by DEMPSEY J. TRAVIS black businessman, at some on between time,reflects the disparity he the effort puts into his businessand the whichhe obtains compared whites as results to in the same business. matter No how hardhis employees work nor how successful the business is, production and profitsremain small and insignificant the scale of total on and racist American businesses because racism whitesfrom...
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...Black Friday, the Retail Holiday Black Friday is the biggest shopping day in the United States of America. Forget about Thanksgiving, Black Friday is the truly notable holiday for a lot of shoppers. In this essay, I am going to discuss about how Black Friday began and how it is changing, how business make business on that day, the pricing strategies and competition, and the implications for employees. It is hard to tell when the day after Thanksgiving became a retail behemoth, but it probably started on late 19th century. At that time, department stores such as Macy and Eaton sponsored the holiday parades. These parades gave stores an opportunity to begin advertising holiday sales. This turned into a result in a lot of people going shopping after the parades were over. It wasn’t called Black Friday until 1966. Originally in Philadelphia, on the shopping day after Thanksgiving, it was a massive traffic jams and over-crowded sidewalks as the downtown stores are mobbed from opening to closing. So, Philadelphia police and bus drivers call it "Black Friday". I think Black Friday makes good business sense to major retailers. It brings a good opportunity to retailers to sale their products. It is a good time for major retailers to make profits. But, on the other hand, I think Black Friday could hurt small or local business. It is hard for small or local retailers to compete with major retailers like Walmart or Target. Major retailers have a variety of things on sale on Black...
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...A Sociological Perspective on Racism and Wealth Disparities Amongst African-Americans and Caucasians Introduction The consequence of racial discrimination has a clear relationship with wealth amongst racial groups. In the last 50 years, although the high school completion rate gap between blacks and whites has narrowed, blacks still only have one-tenth of the wealth of whites and according to Economic Policy Institute blacks make 17.5% less an hour than their white counterparts3. In light of these data, I will use quantitative and qualitative analysis to illustrate both the existence of racial inequality as it pertains to wealth and identify its origins within a sociological context. History of racism and wealth disparities To understand the...
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...International business module code MOD001055 International Business: Element 010 – Assignment 3000 words (80%) Lecturer name INDRA BALAN Table of contents Introduction * Market share * Beginning specification Current situation for BLACKBERRY Market strategy Chronological of economy slowdown in the host country PESTEL analysis * POLITCAL * Economic factor * SOCIAL * TECNOLOGY * Legal * Environment CONCLUSION RECOMINDATION Introduction In this world there are different types of smart phone companies but we need to cover one Multinational company and that will BLACKBERRY limited. Basically black berry is founded in 1984 by Mike Lazaridisin in waterloo, Canada. Blackberry limited is also known as motion research limited, it is a Canadian wireless and telecommunication equipment company. The black berry first device 850 was introduced in 1999 with the name of two way pager. The name so the cell phone was chosen due to the resemblance of the keyboards button. And that also compose with the blue berry fruit. The first devices of original black berry are RIM857 – 850 are introduced with the Data TAC network operation. And after the new device name as Convergent smart phone was commonly known was introduced. With the specification of mobile telephone email services and the main production is text messaging. Market share In the year is 2003 they gained a huge market share in the industry of cell phone, by just concentrating...
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...LCJA/384 Organized Crime Group Analysis Crime Group: Black Mafia Abstract Each organization works toward an objective to conquer. Organized crime and criminal activity associated with organized crime are integrated within social institutions of behaviors. Individuals who participate in organized crime and behaviors are instructed by his or her leaders for a variety of reasons and outcomes. Understanding organized crime and group analysis is important among every group. The Black Mafia has also been called the Muslim Mafia and began operations on the streets of Philadelphia. What is crime? When an individual breaks the law by committing a criminal act, he or she is committing a crime (Cohen, 1985). The crime committed can be the act itself, neglectful behaviors, or omitting the law he or she have contributed in. An individual can commit crimes against an individual or property of an individual. This paper will discuss the organized crime group Black Mafia and determine the group’s national and multinational structure and operating methods, pertaining to the drug business. This paper will also analyze, the relationship of Black Mafia to its past and to its current role in Prohibition, drug syndicates, political corruption, and other illicit activities including the group’s various business interests over time. The structure and the method of the black mafia is an infrastructure that has been seen many times before. Utilizing and incorporating...
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...Black Friday: The People and the Craze Kevin Leonel Sonilal COM/156: University Composition and Communication March 16th, 2013 Professor Karen Nowak It is in our human nature to desire goods whether it is for necessity or luxury. Our appetite for shopping dates back hundreds of years to the bazaars and markets of old times. Over the years, our fascination with shopping has increased and evolved. There are more smart and sales-conscious shoppers. As a result, the markets and vendors have evolved in order to accommodate the evolved shopper. It has resulted in the creation of mass markets, industrialization, and cultural attitudes. With the increasing amount of shoppers, and countless markets and vendors, companies are competing to gain shopper interest; they invent new products, create persuasive advertising, and offer sales on current merchandise. For companies, their largest revenue gain comes around the holidays. Therefore, they make big pushes for consumer sales on those designated days. However, a large portion of their revenue comes from one non-holiday, the man-made holiday, Black Friday. On this day, consumers spend more time and money in preparation than they do on their goods. There is a significant change in their attitudes and behavior; they become more competitive and more aggressive. This single day affects both producers and consumers. The combination of aggressive shoppers, sales, and limited quantities can be a recipe for chaos and disaster...
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...The Black Panther Party was created as an organization of a much larger movement stemming from the late 1960s, the Black Power Movement. The term Black Power began its popular use in June 1966 (Tyner, 2008). In 1966, the first African American to attend the University of Mississippi, James Meredith, was shot and killed during a one-man march. After the tragedy, the activist Stokely Carmichael encouraged others to continue Meredith’s march with chants of “Black Power” (Tyner, 2008). The BPM was built from the left residue of the Civil Rights Movement. The actors who moved into the Black Power Movement, even after the many achievements of the Civil Rights Movement, believed inequality still heavily existed and the best way to fight it would be...
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...Black Swann events are rare events, highly impactful and unpredictable but can be prepared for. A true Black Swan event have three features, first it must surprise the viewer, second must have an extreme impact and lastly the nature of the event is predictable after it has already happened. Black Swan events implicate a major loss or damage to an asset, they progress rapidly and for a period of time, the astonishing fact is that after the event has occurred then the antecedent evidence is noted to have been in existence all along (Taleb, 2007). Nicholas Taleb, a Lebanise American is a scholar and statistician. According to him a black swan event is an event that will cause a great impact, is unpredictable and inspires the viewer to have willed to take precautions if only he had seen the event coming. He condemned the methods of risk management applied by industries, saying that they can easily predict an event but due to ignorance occurrence of black swan events presides. Yes, it is possible for managers to proactively forecast Black Swan events, by taking advantage of positive events and withstanding challenging events is a key way to starting its management, it also involves realization of their knowledge culmination and appreciating their ignorance. Below is a discussion on how managers can plan for Black swan event; First pointing most probable effects of business disruptions, developing a strategic plan and actions to prevent or reduce risk occurrence (Taleb, 2007). This...
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...No | | General Information 1. Please note that submission of this form to SAPO does not in any manner imply automatic registration or awarding of contracts. 2. The information provided in this form will be treated as confidential and will not be disclosed to any third party. 3. The information will be used only for the purpose of assessing your enterprise in terms of our policy. 4. South African Post Office reserves the right to request additional information or documents, or to perform audit procedures to substantiate or verify any of the answers provided in the questions. 5. A copy of the completed form must be signed on behalf of your business by a duly authorised signatory. 6. Please complete the supplier...
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...A report of Team D-1’s Analysis Of The Black & Decker Corporation in 2000 Executive Summary Black & Decker had always been a market leader in the power tools industry. Many changes took place that helped out in the company in the short run, but hurt in the long run. In 2000 Black and Decker Corporation was still reeling from the financial and strategic problems stemming from the company's acquisition of Emhart Corporation in 1989. In late 1998 Black & Decker management celebrated the completion of an almost decade-long effort to divest nonstrategic business gained through its 1989 acquisition of Emhart Corporation and expected the company to enter a long-awaited period of growth as its entire management refocused its attention on its core power tools, plumbing, and security hardware business. Archibald believed that "This portfolio restructuring will allow us to focus on core operations that can deliver dependable and superior operating and financial results." However the portfolio restructuring did little to improve the market performance of the company's securities. Yet Archibald and the management continued to express confidence that the company's streamline portfolio would allow Black & Decker to achieve revenue and earnings growth that the market would find impressive. So far the 1998 divestitures have not produced steady increases in the company's stock price, but look promising for the future due to the efforts to refocus efforts on the successful power tools...
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...Black Canyon Coffee Alexis Davy Andang- 1110412 University Canada West Larry Earnhart International Business From A Global Perspective – BUSI 321 27 April 2012 Abstract This paper will provide an analyse on the Article “Black Canyon Coffee Business”. The article mainly talks about the evolution of the company and the difficulties they had to face in order to be one of the biggest business chain in Thailand. The paper will focus on how Black Canyon coffee manage to deal with the cultural challenges that faced during their expansion and how their procedure was difference from their competitor. The paper also talks about the ethical consideration that the company had to face during their expansion. Finally, the paper will discuss about the probability of black canyon Coffee in meeting their goals. Black Canyon Coffee Black Canyon Coffee (BCC) is one of the biggest business chains in Thailand. The business started about ten years ago (in 1993) with a single location in Bangkok. The beginning was difficult because none of the stakeholder was specialise in coffee and they had to face a big completion with company like Starbucks. Somehow, Pravit, founder of BCC, manage to build up a successful company despite his lack of knowledge on coffee and food. BCC is now looking for a worldwide range of customers and have already started their expansion in Asia. The successful story of BCC did not happen without any difficulty...
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...Obstacles for Black Ownership Darren Whitaker July 16, 2011 Dr. Gbenedio Business 5000 Today, African Americans face some challenges when trying to acquire their own businesses. According to the Small Business Administration the number one reason why small businesses fail is due to a lack of experience, (“African American Business Grants”). The Small Business Administration states the number two reason why small businesses fail is due to insufficient capital. What’s more, many black entrepreneurs face racism and discrimination from lenders when applying for financing. An entrepreneur is one who uses their skill to transform their originality into economic goods. The most obvious form of entrepreneurship is the starting of a new business. The start of the new business may involve uncertainty, in regards to creating something new and exposing it to the world. Most commonly, it involves creating a new business market for the retail world. Industry refers to the production of an economic good (either a material or a service) within an economy. Ownership is the exclusive rights and control over property such as an object, or property (Wikipedia). Personal ownership and/or individual ownership states assets and property belong to an individual. Common ownership states that assets and property are held in common by all members of society. In the United States, there were 1.9 million black owned firms in 2007, up sixty three percent from 2002. States with...
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...strategy, used in business to help improve performance. It utilizes a systematic approach to improve the way people do process improvement. Six sigma helps businesses meet the two main goals of any business. That is to make money and satisfy customer needs. It also gives a business the ability to deliver accelerated results. Six sigma is a business enhancer that is embedded with tools and techniques that people can learn to improve their processes. There are two six sigma sub-methodologies. They are called DMAIC and DMADV. The DMAIC process of six sigma stands for: define, measure, analyze, improve, control. This process is an improvement system used for existing processes that fall below specification and need incremental improvement. This is also known as continuous improvement. With this process a business constantly seeks ways to improve. It has several benefits such as, an increase in customer loyalty, a reduction in customer dissatisfaction, and a reduction in opportunities for competition to get an edge in. This is routine action taken by workers to make minor improvements. This methodology is usually lead by workers close to the business and is only focuses on tasks in a specific area. The second sub-methodology of six sigma is DMADV. This stands for: define, measure, analyze, design, verify. This process is an improvement system used to develop new processes or products. This is also known as reengineering. It is the radical redesign of business processes, organizational...
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...the class of “Black World Studies” taught by Professor Coates. Coates gave me the intelligent insight on how Africans-Americans were able to succeed through the tough times of learning even when they could die from learning how to read. It was a sacrifice the slaves had to do that the time. When I read more articles and watched more movies, it showed determination, courage, heart, and attitude. When reading, it switched to a period of slavery to a period of the Civil War. After that I came to an author named Jared Diamond that gave his view on the world of slavery. In the article “How Africa Became Black” by Jared Diamond he argues that diversity resulted from the geography of Africa. Africa is home to five major human groups, blacks, whites, African Pygmies, Khoisan, and Asians. Thirty percent of the world’s language is in Africa. But as the years goes on were losing about 2 per week. Soon as the world gets older there wouldn’t be any languages in Africa. As race continues to grow in Africa there will be different types of languages being made and the previous groups (ethnic groups of language) wouldn’t exist anymore. As said in paragraph 8 of “How Africa Became Black” races are stereotyping, from Black to White, to putting the Zulu, Masai, and Ibo into a black category and Africa's Egyptians and Berbers with each other and with Europe's Swedes with the whites. The question that pertains to this is why are people being judgmental of other races and confusing blacks to whites even...
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...while studying in Kimball Union Academy and Dartmouth College. Following his graduation in Dartmouth as one of the three black students to have graduated in the school, he opted to enter into a seminary as a Presbyterian minister; seeing that the South violated Scriptures by practicing slavery. He had also aided the abolitionist cause by writing in The Liberator and The National Anti-Slavery Standard. He had moved to both the Southern states and in Florida (1867) where he moved away from being a missionary and into politics, being elected to the State Constitutional Convention of 1868, being the leader of the Florida Republican Party and the team to represent the blacks in the Convention, fighting for equal rights and freedoms. Like his brother, Mifflin had been exposed to the realities of inequality of both blacks and whites in the country as he was growing up. Gates and Higginbotham (2004) stated that by 1840s, both he and his brother aided the black movements and met with known abolitionist Frederick Douglass. As he travelled with Douglass, Mifflin entered the field of business upon arriving to California. In 1855, he bought the local black antislavery paper known as the “Mirror of the Times”, serving as its editor to support the black movement. His tenure in business had soon found him entering local politics, completing a course in law from a business school in Ohio after seeing the state of local politics. He settled in Little Rock, Arkansas in 1871 and slowly...
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