...“think entrepreneurship” podcast. It is well design and managed with problems sound clarity and some technical problem, some improvement can be done to make them even better. Maybe I found it interesting because of me being a business major, or because I like to hear stories of different people how they became success, and what kind of hardships they have to go through to achieve their goals. Think entrepreneurship episode 4 The podcast was 20 minutes long and audience were any one who is interested in entrepreneurship. It served the audience pretty good because interviewer was an entrepreneur and sharing his story of success, which could be very help to people who wants to be an entrepreneur. The content of all of the podcast is to interview different entrepreneurs, so it started well with the interviewer introduction and with some intro music and advertisement. He introduces the entrepreneur who was about to be interviewed. The one problem I noticed was there was a lot of background noise, kids speaking, typing, mouse clicking, and breathing sound. Moreover I think microphone was placed kind of far from the interviewee, because the sound was not that clear as it should be. I can also hear when they move the microphone. There was a lot of reverb in the podcast. It ended with outro music, but kids noises and speaking in background was almost in whole program. To improve the podcast they could have done is to do it in a quite place, or edit it so they could have removed...
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...Ashley Jackson Essay 2 Intro to Business 7/25/13 Starting and Operating a New Business In chapter 3 we learned all about starting up a business. We learned that there are a lot of key factors that go into starting a business. We also know that it may not always turn out successful. I found an article on bizjournals.com that talks all about the economy and entrepreneurship. It talks about how it’s been in the past and how it’s been since 2012. An entrepreneur is a businessperson who accepts both the risks and the opportunities involved in creating and operating a new business venture. The article states that entrepreneurship is on the rise again, but there is still one thing holding a lot of Americans back and that is the risk that the business may fail. If their business fails, it’s a big deal because the entrepreneur then just lost all the time and money they had put into the business. The article says that one in three Americans feel that fear that it will fail but that’s has moved from one in every four from 2008. We learned that a Business plan (which is a document in which the entrepreneur summarizes his or her business strategy for the proposed new venture and how the strategy will be implemented) is key when starting up your own business. Without a clear written out plan chances are slim that your business will succeed. In the article it talks about how 69% of small businesses rely on friends and family members to help start up the business and get it running...
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...The Pathology of privilege Intro * Privileges (monopoly status, favorable regulations, subsidies, bailouts, loan guarantees, targeted tax breaks, protection from foreign competition, and noncompetitive contracts) that governments occasionally bestow upon particular firms are and extraordinary destructive force. * It misdirects resources, impedes genuine economic progress, breeds corruption and undermines the legitimacy of both, the government and the private sector I. Gains from exchange * Free and voluntary trade results in gains for both sellers and buyers * Voluntary exchange is mutually beneficial * The national economy is simply a very large number of beneficial trades * The collapse of this trades is a Recession * Specialized production permits grater productive efficiency and allows us to do more with less * In a healthy market, there will be so much exchange that the gains from trade are maximized * Markets are competitive * When property rights are well defined, costs of transacting are minimal, and there are no barriers to enter or exit the industry II. Types of privilege * Monopoly privilege * Sole and exclusive rights * Governmental legal challenges fines to private carriers out of business * Regulatory privilege * Many firms enjoy regulatory preferences that give them a measure of monopoly power * “The part of the wisdom is not to destroy the commission, but to utilize it” ...
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...Case 5: Adopting International Accounting Standards Intro to International Business – 1. Both business enterprises and investors can benefit from the adoption of international accounting standards because they do not have to worry about losing money due to different exchange rates. In regards to business ventures, it will help in the long run with a systematic way to compare prices. Although the process is held up slightly for United States entrepreneurs, the process is still great. According to an article published by the NYTimes, “American companies must use rules established by the Financial Accounting Standards Board, a group chosen by the S.E.C., and foreign companies that do not use international standards must reconcile their statements with the American rules before their securities can trade in American markets.” 2. Overstating a country wealth is one of the potentially negative risk associated with investing in a foreign country. A country could be worth 20 billion dollars according to their standards however, when invested in, it is only worth 10million American dollars. Such as when you are an internal user at a firm, you can easily access all correct financial data that is made available to investors and executives. External parties have to rely on information given to them by the company which could be falsified in regards to their financial statements. 3. The United States would cause revisions to the IASB accounting standards because they have general accepted...
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...Review Test Submission: Quiz 1 (30 pts) Skip to Course Menu Skip to Top Frame Tabs Content User | Jason Roy Nickels | Course | Intro To Business | Test | Quiz 1 (30 pts) | Started | 7/11/15 4:53 PM | Submitted | 7/11/15 5:44 PM | Status | Completed | Attempt Score | 27 out of 30 points | Time Elapsed | 51 minutes out of 1 hour. | Instructions | This quiz consist of 10 multiple choice questions and covers the material in Chapter 1. Be sure you are in Chapter 1 when you take the quiz. | * Question 1 3 out of 3 points | | | Human resources include theAnswer | | | | | Selected Answer: | physical, intellectual, and creative contributions of individuals working within an economy. | Correct Answer: | physical, intellectual, and creative contributions of individuals working within an economy. | | | | | * Question 2 3 out of 3 points | | | Given the importance of _____ to workforce effectiveness, some business experts, such as management guru Peter Drucker, separate this factor from human resources.Answer | | | | | Selected Answer: | knowledge | Correct Answer: | knowledge | | | | | * Question 3 0 out of 3 points | | | To be successful, entrepreneurs must be comfortable risking their money and _____ to start and manage a business.Answer | | | | | Selected Answer: | freedom | Correct Answer: | time | | | | | * Question 4 3 out of 3 points | | | The hard sell or aggressive persuasion...
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...organizers who keep a close eye on what is happening. Market – 1. Seeks control by looking outward with particular notice of the transactions cost. 2. Not focused solely on marketing but views transactions as exchanges of value. 3. Leaders are often hard-driving competitors to who seek to always deliver the goods. Clan - 1. Less of a focus on structure and control and a greater concern for flexibility. 2. People are driven through a shared goal and outcome. 3. Leaders act in a facilitative and supportive way. Adhocracy – 1. Greater independence and flexibility than the Clan which is necessary in a rapidly changing environment. 2. The adhocracy rapidly forms teams to face new challenges. 3. Leaders are innovative entrepreneurs who take calculated risks to make significant gains. Slide 3 – Comparison of current cultures of both the Utah Symphony and Utah Opera utilizing the Competing Values Framework: Utah Opera – Market – Currently, the Utah Opera would be classified as a...
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...Family Dollar Project Bus121 Intro to Business Mrs. Jones-Manigo By: James McRae Introduction I chose to use Family Dollar as my company of interest. I’ve shopped at this store for most of my life for personal items, medical appliances, and even for my pets. I’m familiar and comfortable with this company which is why I chose it specifically. It’s a well-known company convenient for the area where I reside. In 1958 a 21 year old entrepreneur with an interest in merchandizing became intrigued with the idea of operating a low-overhead, self-service retail store. Leon Levine believed he could offer his customers a variety of high quality, good value merchandise for under $2, because he had grown up in his family’s retail store, he understood value, quality, and customer satisfaction. In November 1959, Leon Levine opened the first Family Dollar store in Charlotte, North Carolina, and was on his way to becoming a retail legend. Right from the start, he had a well-developed philosophy of what Family Dollar would be and how it would operate, a philosophy from which he and his management team have never strayed. The concept is a simple one, “The customers are the boss”, and you need to keep them happy. He created a general floor plan that he used in each of his stores that allowed customers to easily shop their most preferred products in any Family Dollar store. With the stores uniformity laid out and stocked, store managers were able to focus on providing good service...
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...Self Intro Speech Hobbies & Interests (3) Goals/10 years from now (3) Life philosophy (3) Adequately developed (2) Ideas clear Good morning my name is Jon Key I am a freshman and a Knoxville native. I live in an apartment in the fort. My intended major is business management with collateral in entrepreneurship. I’m not a big fan of public speaking; I’ve been scarred ever since my first encounters in my high school French classes, and I’m already bad at speaking in front of people so having to present in another language is just awful. On another note, I’m still not sure if college is the right decision for me, sometimes I feel that I could be spending my time elsewhere finding out what it is that I truly want to do with my life. But as for now I figured it can’t hurt to at least get started and have the college experience until I either graduate or figure out what I want to do. As for my life outside the university you will find me mostly hanging with friends, having cookouts, four wheeling in the warm months and snowboarding in the cold months. I also enjoy getting a bunch of friends together and playing poker and pretty much any other card game for that matter. One of my goals for college is to start a business and gain experience so that when I get out I will be ahead of the game and have that business as a backup plan. As for life after college, I have a couple plans; plan A is to be an entrepreneur doing things like: starting and growing...
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...Assignment 4:Managing the Money Intro To Entreprnurship:BUS313 November 26, 2012( December 3, 2012) One of the biggest challenges when managing money that new enterprise face is running out of money. Many potentially good business ideas/ business ventures fail because the business owner did not adequately plan and manage their money carefully. Proper management techniques and keeping track of company’s cash flows is something that cannot be overlooked. Keeping track of the cash flow is important because businesses aren’t realistic when it comes to predicting their income and expenses (they overestimate their income and underestimate their expenses), and companies don’t see a cash shortage coming and they run out of money. Being able to project where your new enterprise is heading financially can help you to prepare for cash shortages and once prepared it allows you to counteract accordingly. Planning financially, understanding and implementing basic accounting principals, operating capital and preparing financial projections and budgets are vital components in any new business. When starting a new business, business owner must have knowledge that a new business needs capital and some kind of funding to run the business, and how to manage and be prepared for financial hardships or turn in events. Jumping into your new business without some level of financial knowledge and planning is only going to cause a new business owner headaches, financial problems...
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...INTRO Entrepreneurship is the “process of creating something different with value by devoting the necessary time and effort, assuming the accompanying financial and social risks, and receiving the resulting rewards or monetary and (/or) personal satisfaction” (Hisrich, 1990). This definition is sufficiently broad encompassing the many paths an entrepreneur may take, be it Schumpeterian profit maximisation or the social entrepreneurial desire to create social wealth (Zahra, 2009). The aim of this essay is to analyse some of the personal traits academics believe to be common to established entrepreneurs, in turn discussing how these strengths and weaknesses are applicable to myself. STRENGTH 1: “Innovativeness with the ability to combine resources effectively” Kirzner’s (2008) view of the entrepreneur is that they are “not creators, merely alert” to opportunities which arise around them. This somewhat contradicts the Schumpeter (ian) (1961) ideology that the entrepreneur is a “heroic… daring… captain of industry”. Forming a hybrid between these views, Casson (1982), states that the “entrepreneurs task (is) to discover and exploit opportunities… where products or services can be sold at a greater cost than their cost of production”. Combining the views of Kirzner and Casson describes the entrepreneur as someone who can spot a solution to a problem by using an existing product in a different application to that which it was originally designed. During my studies of engineering...
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...E-MARKETING MALACOS COMMUNITY SERVICE To proposed the development of an instrument to generate income that is more established and comprehensive through an online marketing (e-Marketing) application in selling products and services. Published by : Centre of Diploma Studies & Student's Affair Department Universiti Teknologi Malaysia Jalan Sultan Yahya Petra 54100 Kuala Lumpur Copyright 2015 Centre of Diploma Studies & Student's Affair Department Photographers: Raja Aida Raja Shaharuddin Muhammad Hariz Muhammad Effendy Nur Fariha Zefri Front Page: E-marketing participants and website Table of Contents To proposed the development of an instrument to generate income that is more established and comprehensive through online marketing application of selling their products/services................................................................................................................... 1 Brief Introduction of e-marketing.............................................................................................4 E-marketing hands on workshop on website conducted at Mini RTC Bukit Bayan.................8 The participants’ involvement in e-marketing........................................................................13 The global achievement of the e-marketing program...........................................................14 Critical Success Indicator……………………………………………………………………….... 20 Future Planning...
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...Amanda Perry Module 1: Intro of the MAC CCT 271 August 21, 2014 Steve Jobs was born on February 24, 1955 in Los Altos, California. Steve Wozniak was born on August 11, 1950 in San Jose, California (www.biography.com/stevewozniak). The pair founded Apple Computers Inc. on April 1, 1976 with Ronald Wayne. They were responsible for releasing some of the first personal computers on the market. Jobs and Wozniak partnered together to invent the Apple I computer in 1976. They were hoping to sell their first computer to their fellow members in the Homebrew Computer Club (www.biography.com/stevejobs). The Homebrew Computer Club was a computer hobbyist group out of Silicon Valley, California, and was founded by Gordon French in 1975. The group met together twice a week to exchange different ideas about computers and how to make them more accessible to people. The group consisted of many computer enthusiasts that later became high profiled hackers and computer entrepreneurs like Jobs and Wozniak (www.princeton.edu/homebrewcomputerclub). As time went on, the two continued to work on building bigger and better things like the LISA. In 1979, a crew from Apple, led by Jobs, decided to go and visit Xerox’s Palo Alto Research Center (PARC). It was said that Jobs walked away with a vast amount of knowledge and secrets from Xerox that he used in the original MAC. It was believed that the ideas behind the graphical computer display came from PARC when all actuality, Apple...
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...REMINDER: 1. Submit timesheet to team leader by Saturday mid afternoon...if yet anyone is assigned (PLEASE) e-mail them to me, or better yet put it in these threads!! 2. Submit a second copy of your own time sheet to your dropbox 3. Submit the final contract (which I feel we can get done by today evening) to your own dropbox!!! 4. Review the summary/status report that is created by the leader for the week. I suggest that it be completed by early Sunday at the latest and then also make a copy of it to these threads for everyone else to see. Team A Team B Team C Team D . Hi Team, Here is the conference call number and pin # schedule for: Time: 9:00pm EST or 6:00pm PST Date: Thursday, September 6th Dial in Conf. #: 1-866-206-0240 Participant pin#: 969444 Remember to also log into Team A Chat simultaneously. Priority order Strategic management to do mission which thry lack Human resource issues Customer service Online gaming asrs Meeting minutes: Mayhew and I had a 25 minute telecom in which we discussed the major points of the team contract. This is a tentative list of what we thought to be good ideas. Keep in mind that these are open to amendment if anyone has any good ideas. Q: How work will be divided? A: Equally based on content Q: How decisions will be made? A: By consensus, but with the leader making the final call. Q: How disputes will be resolved? A: In a diplomatic fashion...
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...Intro to Spotify Spotify is a revolutionary software which allows its users to stream millions of songs on demand. Users can access music on computers, mobiles, tablets, cars and gaming consoles. Spotify was launched in 2008 by the Swedish entrepreneur Daniel Ek. Since its launch in 2008 Spotify has grew rapidly, available in 58 markets, upwards of 75 million active users of which over 20 million are paying subscribers, all with access to over 30 million songs. Subscribed users pay a fee of £9.99 a month which allows for ad free listening, highest quality audio and it allows the user to create and download playlists for offline listening. Each time a user streams a song Spotify pay the rights holders royalties. Currently Spotify are paying 70% of their overall revenue to rights holders and have paid out more than $3 Billion USD in royalties to date. SWOT analysis Spotify’s biggest weakness is that artists argue they are not being paid fairly, the average amount the artist earns per stream is $0.007 as appose to £12 for an album. Taylor Swift’s decision to leave Spotify generated a lot of bad press damaging their reputation. Spotify’s argument is that they are paying the rights holders a fair price but it’s the record labels who are not paying artists fairly. Also they claim that paying subscribers are paying on average more on music monthly than if they were to pay for downloads and physical copies. Another weakness is that 90% of Spotify’s revenue is generated by paying...
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...Kevin Brown Dr. Karin Mendoza Intro to Sociology 3 December 2015 Does Education Affect Your Social Class? What really got me started on his paper was my desire to be a cop. I have wanted to be one ever since I could think of being one. For the longest time I high school I debated on whether or not to go to college and my father has also taken a career in criminal justice. He is a prison guard at Lebanon Correctional Institute. He is currently a Corrections Officer, and that is probably all he will ever do because he only has his high school diploma. He wanted to become an officer for the prison but he would have to go back to school. So it made me think about how going to college would affect my future job and social mobility. I feel that there is a direct correlation between your educational level and your social class/power/status. These days you can’t get a steady good paying job without some kind of higher level of education. It used to be if you went to college then that meant you were almost set for life because the competition for education back then was lacking to say the least. I want to explore what my peers along with those I associate with the most, think about this topic. “One particular problem in the mobility of lower\status groups in education today is that of language. This applies to both immigrant English Learners as well as to native speakers of English who do not conform to the pattern or dialect of the dominant culture. Because status groups generally...
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