...Assignment #1 “Creative Destruction” 1) Describe the process of creative destruction in your words An essential feature of capitalism, creative destruction is a continuous process characterized by moments of radical innovation in products, production methods, organizational structures and markets that provide decisive advantages over legacy operations. This disrupts and fundamentally changes established industries, with the resulting efficiencies increasing the productive capacity of the economy. Even during the periods of comparative quiet that separate these rushes of innovation, creative destruction is still active as the results of previous innovations are absorbed and assimilated into the economy. The nature of creative destruction requires that the trajectory of the capitalist system is analyzed over the long run, as opposed to at a single point in time. In summary, creative destruction is the process whereby old economic systems are destroyed and replaced by decisively more efficient structures. 2) Explain how the typical entrepreneur behaves according to Schumpeter. What objective is he following? The typical entrepreneur is the businessman who is disciplined by the constant threat of future competition. He understands the process of creative destruction and the precarious nature of his present position and therefore, regardless of his current competitive landscape, his behavior approximates that of a firm engaged in perfect competition. This contrasts with...
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...Creative Commons: thinking beyond copyright UPC Alles-in-1 Zakelijk - Internet+Bellen+TV vanaf € 40 p.m. Stel nu zélf uw Pakket samen! Zakelijk.UPC.nl/Alles-in-1 Ads by Google T. Ramachandran Share · Comment · print · T+ <a href="http://www.thehindu.com/opinion/blogs/blog-datadelve/article5380106.ece?textsize=large&test=1" title="Large Text Size" >T+</a> · <a href="http://www.thehindu.com/opinion/blogs/blog-datadelve/article5380106.ece?textsize=small&test=2" title="Small Text Size">T-</a> 2 The traditional copyright licence has for long been the mainstay of writers and content creators. Are there ways of going beyond copyright when it comes to promoting and sharing original work and content online? Yes, think of Creative Commons, which has been relaunched in India. The multiple options available these days for sharing content using the range of licences that are being promoted in the Creative Commons domain were in focus at the recent relaunch of Creative Commons India. The Creative Commons(CC) licenses, which provide more options compared to the traditional copyright licence for sharing creative work and digital content, and permit its creators to set the conditions for such sharing, has gained global traction. Compared to the traditional copyright licence, which is very restrictive in nature, CC licenses enable authors fine-grained ways of deciding on the rights they would...
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...As for me, creative writing is a piece of art expression, very subjective, which is not dull and normal literature like news article or academic essay. If you ask how to write creatively, I would say inspiration can basis from anywhere, anything and anyone. Yet, it is not purely about thinking ‘outside of the box’ and writing something exciting. Creative writing is a style of writing mostly appears in feature stories, both fiction and non-fiction work. Writers need to generate their expression, maybe a viewpoint, an analysis and a story, from their inner-person meaning by their self of feelings, emotion, thoughts, opinion, imagination and even life experiences. It is a freedom writing, however, all should be a very original composition. Take an instance of our British leading fantasy novelist J.K.Rowling and her creativity of ‘Harry Potter’ series. The character Harry Potter is her sudden inspiration in 1990, when she was on the train to London, suddenly came up an idea to write a story of a little boy gets into a wizard school for study. It looks seems a children’s novel, while behind the wizards and magic adventures, there is deep moral fable, full of struggling between good and evil, life and death, right and wrong, love and hate, and that’s reflects Rowling’s life spiritual pathway and even her ideal of heroic characters. Other than fiction story, creative writing includes variety of its genres. It broadly uses in creative industry in order to express in kinds of format...
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...Creativity and the Creative Process Denethri Arbor Instructor: Emily Benson ENG 125 Introduction to Literature December 16, 2013 Whether expressed as an awe-inspiring painting, a perfectly executed sculpture or an artfully expressive phrase, humanity throughout history has demonstrated a driving internal desire to discover some form of creative outlet. Studying several of these expressions throughout several culture around the world and throughout history illustrates that these instances of spontaneous, creative expression are usually associated in some way with exploring human experience. Even though they don't often speak directly to the concept of creativity or its development, it is clear that these artists of various types have engaged in a great deal of thought and practice in order to hone their skills and most accurately convey the ideas in their heads. Whether it is intended as a matter of discussion or are simply expressing their innovative spark, evidence of the human mind's impulse to create something new exists in every creative pursuit you may care to mention, from fine art to graffiti, from scribbles on a napkin to polished prose or poetry. “Creativity involves thinking that is aimed at producing ideas or products that are relatively novel, and that are, in some respect, compelling … is neither wholly domain specific nor wholly domain general ... [and] is not as highly rewarded in practice as it is supposed to be in theory” (Kaufman & Sternberg, 2006:...
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...Through the activity, I realized how silly it was to work against my usual steps based methodology in order to create a creative collage. My initial intention of going without a plan was to not limit myself within the boundaries of an outline so that I can freely decide on materials that I think would fit in my collage. This resulted in me just blindly looking for images that would represent MediaCorp but do not portray the lack of creativity in the industry. Reflecting on it, I could have used the systematic approach in a way that would not limit my material gathering. Creativity is an abstract topic and to represent it in a collage would be difficult. By brain storming and coming up with a plan on how to represent the topic, I could have saved time on the search for new cut outs half way through the collage making. Having a plan beforehand will not limit the materials that I can gather as long as I do not rigidly follow the plan down to every single detail but instead use it as a guideline. The efficiency enhancing methodologies do not limit creativity, most of the time it is the wrong usage of such methods that is the culprit. This point is supported by an interview with Dr. Larry Wending, vice president of the 3M’s research department, made in a Business Week article by Brian Hindo (2007). "In some cases in the lab it made sense, but in other cases, people were going around dreaming up green-belt programs to fill their quota of green-belt programs for that time...
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...English Writing Piece Some say when a tear falls out of your left eye first its joy, and if its your right eye its pain. Jane Saunders stood despondent amidst the crowd of people and vehicles. Her surrounding appeared as if all sound had been muted, all she heard were the so familiar voices in her head. The elderly woman next to her smiled innocently to her, Jane opened her mouth but her voice had abandoned her, as if she had been impaled in the throat. Foul air from the rusty vehicles touched the tip of her tongue. The clouds were low and heavy, the sunless sky seemed more dismal than usual. The dingy taxi rank where she hunched housed scents that would make most people wince, but not Jane, she barely even noticed it. All she smelt were the familiar scents to her, the damp dirty scent of the taxi rank, smelt to her like freshly baked muffins in the morning, among all the cheap mix of deodorants and aftershaves all she smelt was the rich essence of apricot she remembered so clearly. Her clothes were getting heavy and uncomfortable, her new shoes were now enveloped in a layer of grime, while her arms dangled uselessly at her sides. A cold breeze blew against her skin and sent a chill down her spine, the was no warmth of the sun to comfort her, just the memories she held so dear. Shutting her bright blue eyes tight, she felt a stream of warmth roll down her right cheek. ...
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...AnnCONTENTS Chairman’s Message Financial Highlights and Review Board of Directors and Executive Officers Corporate Governance Directors’ Report Statement by Directors Independent Auditor’s Report Consolidated Income Statement Consolidated Statement of Comprehensive Income Balance Sheets Consolidated Statement of Changes in Equity Consolidated Statement of Cash Flows Notes to the Financial Statements SGX-ST Listing Manual Requirements 2 4 6 7 12 16 17 18 19 20 21 22 23 62 1 CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES CHAIRMAN’S MESSAGE Dear Shareholders, Fiscal 2013 was another difficult year for Creative. We had continued to focus on the development and introduction of new products in the key product categories, and had launched a series of new exciting products that provide good potential growth opportunities. However, our financial performance continued to be adversely affected by the difficult and uncertain market conditions for our products, which impacted sales across all regions and resulted in lower revenues. Nevertheless, despite the lower level of sales, with a lower operating cost structure from the cost cutting actions in the previous years, we were able to achieve an improvement in operating results in fiscal 2013. Sales for fiscal year 2013 were US$165 million, a reduction of 14% compared to US$192 million for fiscal year 2012. Gross profit as a percentage of sales was 33% in fiscal 2013, up from 19% in fiscal 2012. Net profit for fiscal 2013 was...
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...Creative writing was a class that I hadn’t previously expected to attend, until I got my schedule for this year. Realistically speaking, I had no expectations of learning anything from this class at the very beginning, it seemed like the typical elective where everyone would do the bare minimum and learn pretty much nothing at all. In reality though, throughout this year, this class has actually gotten me out of my shell a bit. Sophomore year was my first time in Duncan High School and this class had actually helped me make my first friends while attending. In the very beginning we stuck strictly to poetry like work and group projects, which was fun but anxiety inducing for an introvert like myself. Although difficult, it helped me make friends....
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...Creative writing was one of my favorite classes. It was the class I looked forward to because your imagination could run wild. Yes there are projects you have to do, and deadlines you need to meet but that is a part of life. I was always a shy kid in school but this class did help me open up a little bit. We had a project where we needed to make an iMovie about a meaningful time in your life. I put time and work into mine and I was proud of it. When Mrs. Jepsen asked if anyone wanted to go first, I volunteered. I never volunteered to go first in any other class before. After my iMovie was over everyone just had so many great things to say about it. Every since that moment, I was less scared about presenting in front of the class. If you like...
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...Creative Problem Solving When a company has a problem there are several steps that the management can take to solve these situations. Step one: The company’s management team will identify the problem that the company is currently facing. * Identify the true cause of the problem * Gather all relevant information and data * Analyze the data * Compile a list of essential components Step two: The management team will need to come up with some alternate solutions and evaluate the solutions to solve the problem. * Brainstorm new alternate solutions * Take each new idea and evaluate them * Use the “What if” for each idea * What is the cost and risk of each solution? Step three: The management team will choose the best course of action tor actions needed to correct the problem. * Clearly state the course of action * Brief the CEO or the Board Step four: This is the implementation phase. The management team will need to answer the following questions. * Is this the right time to implement the changes? * How are they going to implement the changes? * Do they have the proper resources to make the changes? * What is the time line for these changes? Step five: This is the most important step that the management team will follow. This is the evaluation step after the changes have been implemented. * Collect and analyze new data * Has the changes corrected the problem? * Are there any changes that...
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...Venkata Aswini Koyya DBU ID #740048 Facilitation Assignment Creative Problem Solving For Marketing Decisions Professor: Dr. Toni Mcnutt Summary about the organization and selected group members: I work as a project lead assistant (Intern) in MoneyGram International Company (MGI). My role is to lead lots of workshops and project meetings. To make our employees actively participate and generate ideas, every week we are given a task to deal with. This week we were supposed to think of a ‘pen’ produced by MGI only. So I used this as an opportunity to do the facilitation amongst the group. The participants were Dana Loyd, Alex Fields and Amy Halbrook, they are my team members too. These three people are the first ones every time to respond actively and to offer good suggestions usually in the team. I thought it would be great as a facilitator to know and see how they participate in these types of experiments. Selected Tools and WHY: The tools selected were SCAMPER and Brainstorming with post-its. To start with, we considered to take an existing product. This was a product which we wish to enhance, which we thought would be a favorable starting point for later development. We pose questions pertaining to the product we identified, utilizing the mnemonic for guidance. 1. Substitute- Replace nib with knife, ink with iron? 2. Combine- Holding with opening, writing with cutting. 3. Adapt- Use the pen top as a container. 4. Modify/Distort- Body can be made flexible. 5...
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...Personal Statement I am drawn to study English Literature and Creative writing because I am passionate about and committed to reading and writing. I feel that a structured programme of study is imperative for me to achieve my long-term goal of establishing a successful and varied career as a writer. I know that the path I have chosen will often be difficult to walk but I have already taken a step toward its end by starting an Access course. Throughout my short time on the Access course I have gained confidence in my speaking skills. For example, during a recent discussion on gender and relationships in a graded English discussion I raised a point that the teacher had not thought of and was praised for doing so - this taught me that by pushing myself beyond my comfort zone by sharing my ideas and opinions I will be able to achieve my goals. I know that with the skills taught on the Access course I will be able to achieve my goal of studying and completing a degree in English Literature and Creative Writing. The Access course has taught me the importance of self-reflection and criticism through keeping a reflective log which documents my progress, obstacles and goals. I have learnt that I am able to be objective when analysing my own work and performance; this skill has helped me to realise that in order to improve my work I have to be critical of myself and be able to accept criticism from others, I feel that this skill will prepare me for the competitive world of writing...
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...Creative use of Techniques usually Associated with Fiction In both the two articles, the authors employ creative nonfiction to discuss the death of Aiyana and the rape of Officer Blumer. The situations in both the articles are real occurrence, but the storyline appears as an imaginary plot. Ultimately, the two essays convey the information in a way that makes it appear as fiction. The paper seeks to identify the creative use of techniques usually associated with fiction that are involved in the story development of these two articles. Some of these techniques include the use of subjective, personal voice, the development of strong characters and the creation of tension and suspense. In both the two articles, the authors use subjective journalism where they involve their views into conveying the reality in a way that they want to manipulate the readers. In an article by Sabrina Rubin, the author describes how Rebecca Blumer was raped by three army men. The military officers did not treat this case kindly as they discouraged her from asking for a rape kit and failed to collect forensic evidence. Finally, her skyrocketing military job came to an end. Although it may be a factual narrative, the author reports only one side of the story; about the military’s culture of rape. Consequently, Rebecca allegations could have been a hoax. On the other hand, Charlie, the author of “What Killed Jones?” is also subjective especially where he blames abject poverty on the death of a young girl...
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...I don’t really read a whole lot. I mostly read when i’m forced to in language class. I don’t like to read. I have a hard time finding a good fit book for me. I also struggle with finding a book that i'm actually interested in. It's hard for me to find one that meets my high standards. I don’t like to read because when i do read I can’t stay in the book. I space off a lot. I can never keep an interest in a book. The only book I have found that I actually like it Wenny Has Wings. I like it because it's a sad story and it does a good job of keeping my interest. It doesn't have boring parts at all. Some genres of books I like are mystery, true stories and realistic fiction. I like these because these types usually do a pretty good job at keeping...
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