...Prepared by Yao yu long March,2012 LYCEUM-NORTHHWESTERN UNIVERSITY Dagupan City GRADUATE SCHOOL 1ST Semester AY 2012 Subject: business finance Topic/Title: A Reaction Paper ENTREPRENEUSHIP Facilitator: Professor: DR.MARIETTA B.SORIO Introduction An entrepreneur is some how who has a different set of ideas and new way of doing a business. Entrepreneurs have the risk taking ability which makes them invade the unconquered territories. It requires huge amount of courage and determination to pursue with their goals. They had a tough stand in tackling against the odds. We hear lots of success stories in the entrepreneurial segment, but the struggles that each one faced never came to the limelight. I read an article about the new age entrepreneurs from a popular magazine. It was quite amazing to see the statistics provided in it. Hence, i am sharing the data with you. On the lssue No.1- Not Just Surviving But Thriving The recent economic recession gives us a sobering reminder of what can happen if innovation fails. Your innovative ideas might drive you up the walls if it fails to give productive results. People from the western countries were believed to be superior in innovating technologies and management ideas. The entire world copied their success formula without giving any...
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...Business Man 1 Intro to Bus Man as science - Study Unit 1 & 2 Man science uses a scientific approach to solver many problems. Used in variety of orgs to sove different types of problems. Encompasses a logicical mathematical approach to problem solving 1.1 Man science process • Observation - Identification of a problem that exists in the system or organization. • Definition of the Problem - problem must be clearly and consistently defined showing its boundaries and interaction with the objectives of the organization. • Model Construction - Development of the functional mathematical relationships that describe the decision variables, objective function and constraints of the problem. • Model Solution - Models solved using management science techniques. • Model Implementation - Actual use of the model or its solution. 1.2 Factors of production Natural resources i.e. crude oil Capital i.e. investors Labour i.e. technical and academic Entrepeneurship i.e. takes capital and link labour and natural resouces combined with risk to provide goods and services. Knowledge i.e. to determine wants and needs quickly and to respond to them with products and services. 1.3 3 Most NB Economic systems = Capatalism, Socialism and Communism 1.3.1 Capatalism Free market system Built on principles of private ownership Is based on the right to make a profit, right to compete and the right to own property. System is market driven and the solutions to a country's economic problems...
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...EMPLOYEE MPLOYEE INVOLVEMENT NVOLVEMENT Report produced for the EC funded project INNOREGIO: dissemination of innovation and knowledge management techniques by Apostolos Apostolou D. of Production Engineering & Management Technical University of Crete J A N U A R Y 2 0 0 0 EMPLOYEE INVOLVEMENT 1 Contents 1 1.1 1.2 1.3 1.4 1.5 1.6 2 2.1 2.2 2.3 2.4 3 3.1 3.2 4 Description What is Employee Involvement and Empowerment Objectives Methodology Alternative techniques Expected Results / Benefits Characteristics of firms and service providers Application Where the technique has been applied Types of firms / organizations concerned Duration and Implementation cost European Organizations Supporting the implementation of the method Implementation Procedures Steps / Phases A few obstacles and recommended solutions Bibliographic References Annex INNOREGIO project A. Apostolou Technical University of Crete EMPLOYEE INVOLVEMENT 2 1 DESCRIPTION When an organization truly wants to create a positive work environment that is based on high trust, exceptional customer service, collaborative teamwork, operational excellence, and creative problem solving, then the leadership team must begin to understand, invest in, and be responsive to the needs of the group that represents the organization’s most valuable assets, and is also one of its most important customers, the employees. The return on such nominal investments will come in the form of higher...
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