...Entrepreneurial Process Entrepreneurship is the American dream for many people. This dream means one can be their own boss and express their own ideas. Successful entrepreneurs tend to follow multiple steps to achieve their goal is business. These processes include four distinct stages: (1) identify and evaluate the opportunity, (2) develop a business plan, (3) determine what resources are necessary, (4) managing the new business (Hisrich, Micheal, & Shepherd, 2005). It is these four stages that give the entrepreneur a better understanding of the organizational and financial feasibilities of the new business (Barringer & Ireland, 2010). It is the order of these stages, which allow the entrepreneur to determine the best course of action to ensure the success of the new business. This paper will cover the order of the stages and importance of the stages from an individual and corporate perspective. Identify and Evaluate the Opportunity The first stage in the entrepreneurial process is to identify and evaluate the business opportunity. There are four environmental trends: (1) economic, (2) social, (3) technological advances, and (4) political and regulatory changes (Barringer & Ireland, 2010). Understanding these trends is helpful in determining the location of the business and the technology appropriate for the area. First is to understand the economic and social trends in the market place...
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...Coronary artery disease is when the arteries that supply blood to the heart muscle become hard and narrow, causing the heart to be deprived of blood and oxygen. Managing coronary artery disease can be difficult and stressful for some patients. Research about this topic is commonly explored and has positive reviews when management interventions are implemented. There have been patients who have benefited from different behavioral and pharmacological techniques that produce healthy outcomes. However, patients do not have the knowledge or resources to obtain the correct information on their own. Nurses, as advocates, should educate patients on proper care of this illness. Annotated Bibliography Driscoll, A., Hare, D. L., & Toukhsati, S. R. (2015)....
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...Preparing the site for the Olympic Games D. Production of automobile tires E. Developing a new advertising program 5. From among the following activities, which is the best example of a project? A. Processing insurance claims B. Producing automobiles C. Writing a term paper D. Completing a college degree E. All of these are good examples of projects 6. Which of the following constraints is not typically found in managing projects? A. Time B. People C. Cost D. Performance E. Both B and D are not typical constraints 7. Which of the following choices is not one of the stages of a project life cycle? A. Conceptualizing B. Defining C. Planning D. Executing E. Delivering 8. In which of the following stages are project objectives established, teams formed, and major responsibilities assigned? A. Conceptualizing B. Defining C. Planning D. Executing E. Delivering 9. In which of the following stages is a major portion of the physical and mental project work performed? A. Conceptualizing B. Defining C. Planning D. Executing E. Delivering 10. In which of the following stages are you more likely to find status reports, many changes, and the creation of forecasts? A. Conceptualizing B. Defining C. Planning D. Executing E. Delivering...
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...communications networking Genesis to Revelation Rajesh kumar Yedulapuram Wilmington University Genesis to Revelation Introduction In this paper I am going to explain about Genesis to revelation of computers evolution in the world. Computers are information systems, which has an operating system, and supports input, processing, output, and persistent memory. The changes taken place in computer technology since the time of invention and extension, conversion, revelation, subversion, diversion, emersion, and aspersion related to computers. Genesis Charles Babbage invents modern computer with a general purpose to carry out logical and arithmetic operations automatically. In the beginning stage computer has no operating system operated on hardware basis later on stages operating system has been invented to increase the functionality of computers. Growing of applications and hardware programs lead to situation as a necessity to create operating system. Extension Computers are the part of living in today’s modern world; Computer technology has been changing very rapidly because of the competition as well as the requirement of consumers. Some of the popular organizations are Apple, Dell, Sony, Lenovo, which are the market leaders and each company has different standards. Apple computers are the most popular and has good brand image because of the speed, reliability and for a very good battery backup. Dell and Lenovo computers have both expensive and less expensive computers...
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...parties must rely exclusively on their own skills and judgement or upon those of their advisors when making use of this document. The Government Construction Contracts Committee (GCCC), the National Public Procurement Policy Unit (NPPPU) and the Department of Finance and any other contributor to this guidance note do not assume any liability to anyone for any loss or damage caused by any error or omission, whether such error or omission is the result of negligence or any other cause. Any and all such liability is disclaimed. Contents 1: Introducing Project Management for Capital Works Projects 3 1.1 Overview 3 1.2 Project Management Principles for Capital Works Management Framework 3 1.3 Influencing Factors 3 1.4 Managing the Project Programme 3 1.5 Administrative Procedures 3 2: Project Execution Plan 3 2.1 Role of the Project Execution Plan 3 2.1 Project Execution Plan Content 3 2.2 Detailed Project Execution Plan Content 3 3: Project Roles and Responsibilities 3 3.1 Project Teams 3 3.2 Management Team: Roles and Responsibilities 3 3.3 Design Team: Roles and Responsibilities 3 3.4...
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...Management Individual Research Paper: Elisabeth Kubler-Ross Five Stages of Loss Xiaohan Liu Professor John C. Sivie July 11, 2013 Background Information In people’s life, it is usually to be seen that some tragedies happens. This may result in horrible experience because people have to cope with such tragedies for a long time. The tragedies may be health-related, family-related, job-related, accident-related, and so on. For example, if someone in your family is diagnosed with a chronic or terminal disease, it may be regarded as a tragedy in your life. It is not only physical accident, but also mental and emotional anguish. According to Torrey (2012), millions of new victims suffer medical mistakes and errors in healthcare every year. Hundreds of thousands die. More and more people feel debilitated for different reasons, and the medical mistakes result in life-changing, which are also tragedies. The effects of how people cope with tragedies may be a combination of physical, mental and emotional. Here is a question: if you are diagnosed with a terminal disease, or if your life quality is destroyed by a medical accident, how can you get past the anguish and grief? And what are you going to do to cope with the accident? Thus, it is necessary to have general guidelines to help you to understand and get through the grieving process, as well as set the stage to help you begin coping. Introduction The Five Stages of Grief and Loss were conducted by Dr. Elisabeth Kubler-Ross in...
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...The Project Life Cycle The undertaking of a project by an organization can be a tremendous feat for those who are tasked with managing and part-taking in getting the project off the ground, and seeing it to the finish line. But before the project life cycle is discussed, we first have to understand what is defined as a project, its characteristics, and how a project manager reaches to the point of establishing a system that assists them in identifying the progression through the different stages of the project. A project is typically defined as an undertaking that is of a complex nature that is non-routine, a one-time effort and is limited by time, budget constraints, resources, and performance specifications designs to meet the specific needs of the final recipient (Grey & Larson, 2006). A project in its established characteristics possesses a defined life span with a beginning and end date, an established objective, specific time, cost, and performance requirement as mentioned earlier. A project also involves several departments and professionals, and most importantly, doing something that has never been done before. From the characteristics of a project mentioned above, a project life cycle fits with the defined life span of the project and the milestones that needs to be accomplished at different stages while the project is in progress. The project life cycle consists of four different stages which includes the defining or initiation phase, the planning phase,...
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...Managing Operations Introduction The report will start with definition of operations management concept. This will be followed by identifying some of the global factors affecting operations management in organisations and the impact such factors have on operations management in organisations and to assess how operations management can contribute to sustainable business activities . The second part of the report will describe how project management techniques contribute to the development of operations management and how project management techniques can be used to improvements the management of business operation in a multinational organisation. The effectiveness of business operations to organisational goal of Shell Petroleum will be discussed As operation management entails risk, the risk management techniques that can be applied to the management of a business operations (Shell Petroleum) and how to evaluate the risk to business operations in global markets will be discussed. How risk to Shell Petroleum operations be minimised for a business functioning in a global market will be discussed The technological infrastructure that supports operations management of Shell Petroleum will be identified and the contribution of information technology to it operations management will be analysed. The benefits to operational management of implementing technical solutions will also be analysed . The contribution of information technology to operations management of...
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...PM Revision. Section B Chapter 1: Project life cycle. There are four stages in the Project Life Cycle. 1. Defining stage. 2. Planning stage. 3. Executing stage. 4. Closing stage. Chapter 4: Draw the WBS. * Defining the Project * There are five steps: Step 1: Defining the Project Scope * Project Scope Checklist 1. Project objective 2. Deliverables 3. Milestones 4. Technical requirements 5. Limits and exclusions 6. Reviews with customer Step 2: Establishing Project Priorities Step 3: Creating the Work Breakdown Structure Step 4: Integrating the WBS with the Organization Step 5: Coding the WBS for the information system Chapter 5: Factors influencing the Quality of Estimation. Quality of Estimates 1. Planning Horizon 2. Project Duration 3. People 4. Project Structure and Organization 5. Padding Estimates 6. Organization Culture 7. Other (Non-project) Factors Chapter 6: How to draw Network diagram & Gantt chart * Draw Network diagram. ( See 162, 163, 166, 169, and 170 in textbook) * Gantt chart. ( See 175, and 176 in textbook) Chapter 9: Ways can reduce project duration. Reducing Project Duration to Reduce Project Cost * Identifying direct costs to reduce project time * Gather information about direct and indirect costs of specific project durations. * Search critical activities for lowest direct-cost activities to shorten project duration. * Compute...
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...Business is Show Business: An Article about Business Presentations By Mohamed Daher The article was written by Brigitte Biehl-Missal. She is a professor in the Aberystwyth University. It was published in the Journal of Management Studies on May 2011. The article does not talk about management procedures or decisions, but rather, it talks about business presentations and the impact of visual and on-stage performances of senior managers and CEOs when they are giving presentations. What does the article discuss? It explains that life is becoming increasingly theatrical and visual in character. These days, more and more theatrical practices are being used by corporate leaders for creating strong and effective performances. The article explains that ‘stage-managed’ and real-life management presentations are treated as important devices for representing the organization and for managing the impressions of targeted audiences The publicity of such events: * Increases participants’ efforts to engage in theatrical behavior * Increases participants’ attention in big corporate events such as annual general meetings (AGMs) * Increases the effectiveness of the messages delivered in these events in a theatrical manner * Importance of theatrical-style presentations These presentations target important people for the organization: shareholders and public stakeholders, at employees, and at financial journalists and analysts; All these are important audiences in annual...
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...Scenario: You are employed as an Office manager in London that provides services around the world in the area of management development. You were asked by the Managing Director to lead the relocation of your company to Banbury, Oxfordshire in order to reduce costs. Project Title: Relocation to Banbury- Oxfordshire. Project management is managing a work project by proper scheduling and planning. Project management wants harmonization from the top to the bottom and they are all oriented on what essentials to be fixed in the business. Business objectives that should be maintained during the relocation project • The target of business income, which is 10% growth annually. • Decreasing the material costs related with office space and increases the profitability. • Maintaining producing capacity of the business. • Improvement of the class of provision and the workplace to the consultants and clients • Updating the Information Technology systems and services for the business • Minimalizing of the human resource expenditures related with the transfer Projects that has been identified during relocations are, 1) Visit the new location and design the office spaces and interior. 2) Arrange the new place with necessary furniture and upholstery. 3) Verify and connect the electricity and air condition systems. 4) Prepare and arrange the restrooms and water connection. 5) Prepare and verify the Internet and telephone connections. 6) Plan a weekend to transport the...
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...General objective 10 1.3.2 Specific objectives 11 1.4 Research Questions 11 1.5 Significance of the study 12 2 CHAPTER TWO: LITERATURE REVIEW 13 2.1 Introduction 13 2.2 DATA, INFORMATION, KNOWLEDGE AND RECORDS MANAGEMENT 13 2.2.1 An overview of data, information, knowledge and records 13 2.2.2 Role of data, information, knowledge and records in organizations 14 2.2.3 Information and knowledge as critical resources in development 15 2.3 Meaning of Record 17 2.3.1 Records Management 17 2.3.2 Record keeping principles 18 2.3.3 Management of Public Records 27 2.3.4 Functions and responsibilities of a records office 28 2.4 Record management policies 29 2.5 Managing electronic records 30 2.6 THEORETICAL FRAMEWORK OF THE STUDY 31 2.6.1 Records life-cycle 31 2.6.2 Records continuum 33 2.6.3 Hybrid records life-cycle theory 36 2.6.4 Linking the theoretical framework to the research problem 37 3 CHAPTER THREE: RESEARCH METHODOLOGY 39 3.1 Introduction 39 3.2 Research area 39 3.3 Research design 39 3.4 Population and sampling procedure 39 3.5 Data collection tools 40 3.5.1 Questionnaire 40 3.5.2 Observation 41 3.5.3 Documentation 41 3.5.4 Interviews 41 3.6 Data analysis 41 4 BIBLIOGRAPHY 42 CHAPTER ONE INTRODUCTION According to the Federal Records Act (1950), a record is, “recorded information, regardless of medium or characteristics, made or received by an organization that is evidence of its operations and has...
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...Stages of Team Development By: Kelly Graves “The Corporate Therapist™” Look through this model with your leadership and management teams to locate where you think you are in your organizations’ stage of development. Next, use it to help you improve your leadership and management effectiveness. Forming The initial forming stage is the process of putting the structure of the team together. Team members enter with ambiguous feelings and attitudes. Conflict is avoided at all costs because of the need to be accepted into the group. Team members reflect not only on the tasks at hand, but also about each other. Feelings and Thoughts Observable Behaviors Team Needs Leadership Style Required Excitement, anticipation, and optimism Suspicion, fear, and anxiety about the job ahead Tentative attachment to team Why am I here? Why are they here? What is expected of me? How much influence will I have? How much am I willing to give? Politeness Guarded; Sporadic participation Attempts to define tasks and decisions on how it will be accomplished Attempts to establish acceptable group behavior Abstract discussions of concepts and issues Discussion of symptoms and problems not relevant to the task; difficulty in identifying relevant problems Complaints about the organization Decisions on what information needs to be gathered Impatience with discussion Team mission and purpose Team membership Team goals and objectives Measurement and feedback Definition of roles and responsibilities...
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...QMDS 400 (001) Project and Quality Management Introduction FU, Qi (Grace) 1st Semester 2014/2015 Learning Objectives Understand the nature and management of projects Describe project life cycle stages Know the nine knowledge areas and five process groups of the project management body of knowledge (PMBOK®). Understand measures of project success and failure 2 2 Different Scenarios As a manager, quite often, one would face managing the following: Building a facility such as a production plant, an airport Running a production plant Designing a commercial ad campaign Developing a new product or service Opening a new branch Merging with another company Running a service organization such as airport, supermarket, library, bank, etc. 3 What is a Project? A project is a temporary endeavor undertaken to create a unique product, service, or result. Characteristics of Projects Temporary – Definite beginning and ending Unique – New undertaking, unfamiliar ground 4 4 Projects Versus Operations Consider the following scenario: You work for a wireless phone provider, and the VP of marketing approaches you with a fabulous idea-"fabulous" because he's the big boss and because he thought it up. He wants to set up kiosks in local grocery and bigbox stores as mini-offices. These offices will offer customers the ability to sign up for new wireless phone services, make their wireless phone bill payments...
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...Stage’s of Fatima Taking a glimpse into Fatima’s life, I can only think that Fatima is not the only one living like this. She is a single mother of 2 young children working to support her family, working 50 hours a week to support her children. Her pay doesn’t allow her to have a healthy diet. She has occasional chest pains and suffers from fatigue but brushes it off since she cannot afford to visit the doctor. Many of these cases start out with not just one persistent symptom, but with several different variables that are unique to each person. In Fatima’s case, we can see the different factors that have affected her illness through time. The amount of stress she has, her choice of diet, basically her lifestyle has had an impact on her health...
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