...Asia the number four represents death. I agree with this superstition for a reason. It took me four years to decide if I should pursue an advance degree. I have finally put my fears to rest and have decided to embark on the journey of attaining my Masters of Business Administration with a concentration in Health Care by February 2014. This decision took me four years due to several pros and cons I weighed, uncertainty of what degree to pursue and my current career. There are several advantages and disadvantages that I weighed during my journey to decide on pursuing an advance degree. With completing my undergraduate program not only did I get a degree in Business Administration I also incurred a hefty amount of debt, $40,000 worth. According to an online article in 2011 the average cost for graduate school was $10,000 per year at a state college (Jo, 2011). These individuals often have to pay off their loans for between 10 to 25 years, depending on the amount they owe. People do not have many options for getting out of debt when they cannot pay their student loans, as private and federal loans are not subject to bankruptcy (Latzko, 2011). Along with this adding on to the debt this can also be time consuming. Another hindrance is that I do not have any experience in the health care field. If I do attain a Master’s degree it does not guarantee a career in my field of choice. While certain careers definitely require an advanced degree -- doctors and lawyers, for example...
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...pose and in what capacity one option may be more advantageous than another. Sole Proprietorship A sole proprietorship is a way for someone to start a business where he or she is the sole owner and controller of the company. One benefit is he or she will be the only decision maker. A second benefit is tax incentives such as filing expenses on their personal tax. Finally, sole proprietorship is the easiest to obtain because there is less involved in getting started. There are however disadvantages if something happens to the person. One disadvantage is the company will not be automatically passed down to the family. Also, if the individual is poor at managing debt, the individual’s personal assets could be seized to pay debtors (Entrepreneur Media, 2016). Partnership A partnership is a way for two or more people to go into business together. They can do this through a general partnership or a limited partnership. With a general partnership, all parties involved assume liability and share equal parts to the company. Benefits include less paperwork than a limited partnership. They also can lean on each other for things such as loans and business decisions. Similar to a sole proprietorship, all parties assume liability and could be affected personally if the company is not managed properly. With a limited partnership, one partner is a general partner who assumes all liability, another “limited” partner, also known as an investor has no control over...
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...Print Media Vs Electronic Media We are living in a rapidly developing and modernized era where technology is taking charge in every walks of our life. This technology may come with many advantages and disadvantages as well. Every development is due to rapid modernization, improvement of old administration methods and the use of new technology to make things even better. However with the growing modernization human demand for knowledge is also increasing. Media serves an important role in keeping people informed about the events and innovations around the globe. This information may reach us in two forms, either through print media which is the oldest method, or the other one can be electronic media. With the improvement of electronic media during past few years and daily reports on achievements, electronic media has dominated over print media during past few years. Print media is the oldest form of Mass Media, and still not outdated. Daily about 70% of people start their day by reading newspaper, which is the oldest media around the world. Newspaper gives us information about whole world within few minutes of reading session, with a choice to skip the topics that we are not really interested about. Print Media still forms an important part of Media Industry which has been given a competition by electronic media and a new technology called e-newspaper applications. But still newspaper holds its value even today and is competing strongly with technology backed media. Basically...
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...regarding my decision to pursue an Master’s in Business Administration (MBA) degree to achieve a personal business goal. Next, I will discuss the description to construct and Support an Argument. Finally, I will discuss the considerations of the Jungian Personality self-assessment on how others perceive you. My decision to pursue my MBA I decided to pursue my Master’s Degree with University of Phoenix because I wanted to achieve another business degree before taking the next steps toward opening my own childcare center. Opening up my own childcare center has been a dream goal since I was a teenager. Once I graduate with my Master’s Degree there is a lady I know who already operates two Goddard School Franchises. Ms. Karen told me that when I am ready to take the first steps, such as finding a place, and getting a loan that she will be there to help guide me in the right direction such as giving me the first $25,000 as a down payment. After I do find a place, I plan on starting with infants and toddlers, this way I am able to get my name recognized around the city as a childcare center owner within my community where I live. Pros and Cons of getting my MBA As stated by Clouse, (2006, p. 433-434), “In argumentation, the writer offers evidence to support a claim about an issue. The more convincing the evidence, the more likely readers will agree.” When stating the pros and cons about pursuing my MBA is a life-changing, but rewarding moment, especially because I am going...
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...Business owners will usually use some of their own money coupled with other sources of finance to start their business. There are several ways to acquire financing and a few of them are personal capital and borrowing from friends, borrowing from a bank, factoring, invoice discounting, leasing, hire purchase and franchising. For larger companies they have the advantage of being able to sell shares to raise capital, they can also have large investors, and being able to ‘raise capital’, they can also retain earnings in order to use the money as cash flow for further developments in the company or for a particular project (this money belongs to shareholders). Companies who are already established can retain their profits for a period of time and use this money in the future for projects or business needs, this is usually shareholder dividend and ultimately belongs to the shareholders, but the company is using it to expand or better the business. The selling of company assets is also seen as a way of raising capital, however if you are selling off your assets how does this help your business, you will lose the equipment that is helping you to make money. (Access Credit Management 2015) Company’s use invoice discounting and factoring for selling their invoices to another company, (usually a bank) and getting cash in return, these invoices are bought for between 80% and 85% of the total invoice and the rest is paid once the debt has been paid...
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...more than 102,000 students enrolled as of March 31, 2011, is one of the leading post-secondary education companies in North America. Their duty is to change students' lives. They present diploma and degree programs that prepare students intended for careers in demand or for advancement in their chosen fields. The corporation operates 105 schools in 25 states and 17 schools in Canada. CCi has 122 Everest, Heald and WyoTech campuses nationwide. CCi serves the great and growing segment of the population seeking to acquire career-oriented education. They propose programs in areas that include health care, business, criminal justice, transportation technology and maintenance, construction trades and information technology. CCi in addition offers students the chance to take classes online through Everest College in Phoenix and Everest University in Florida. Their business was founded in 1995 and they completed an preliminary public offering in 1999. Historically, CCi has developed through acquisitions as well as through organic growth. Organic growth consists of opening new division campuses, remodeling, escalating or relocating existing campuses and adopting curricula into existing colleges. As of December 31, 2010, they had roughly 17,700 employees in North America, as well as 6,600 full-time and part-time faculty members. They have an educational approach. They are paying close attention to the ongoing maturity of their employees is helpful to our students, and therefore to...
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...statistical analysis, quantitative methods, and mathematical or computer-based models to help managers gain improved insight about their business operations and make better, fact-based decisions. Evolution of Business Analytics? • Operations research • Management science • Business intelligence • Decision support systems • Personal computer software Application Areas of Business Analytics • Management of customer relationships • Financial and marketing activities • Supply chain management • Human resource planning • Pricing decisions • Sport team game strategies Why Business Analytics? • There is a strong relationship of BA with: • profitability of businesses • revenue of businesses • shareholder return • BA enhances understanding of data • BA is vital for businesses to remain competitive • BA enables creation of informative reports Global Warming Poll Winner Sales Revenue Predicting Customer Churn Credit Card Fraud Loan Default Prediction Managing Employee Retention Market Segmentation Medical Imaging Analyzing Tweets stylus cbssport debut h2pro pro mac applewatch applepay unlock newipad partnership rumor market releas add usa mophi includ howto pay control appplemac tech might bank usbc httpt enough save juic firm appl still land sport wwdc news nfc http channel appletv pack iphon now ipad new unclock ios9 ...
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...Individual Case Analysis Damn heels Individual Case Analysis Damn heels Student id: 7783201 MKT 7010 A01 October 27, 2015 Student id: 7783201 MKT 7010 A01 October 27, 2015 Source: www.damnheels.com Source: www.damnheels.com Executive Summary Damn Heels is an idea conceptualized by Hailey Coleman, a young business student based in Toronto, Ontario. The idea is to provide women with a solution for switching from heels to flats easily. A lot of women face this problem where an occasion requires heels as a dress code but would like to switch to a more comfortable option later. Hailey intends on launching this venture by year ending 2009. Damn Heels has a few American and European competitors and no Canadian competitors while the footwear industry has been growing gradually for while. Damn Heels’ target market are females between age 20-25 primarily. Hailey has very limited funds at her disposal for starting the venture and no funds for first year of promotions and hence will rely heavily on social media. Hailey Coleman has to calculate the feasibility and profitability of this venture and decide whether to launch it or not. The criteria used for the decision making process are net profits and breakeven profits generated, initial investment and risk factors of various distribution channels. The breakeven point is quite achievable according to Hailey’s profit projections and the initial...
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...CREDIT CARD CONTENT Sl. No | | Page. No | 1 | INTRODUCTION | 1-3 | 2 | CREDIT CARD: WHAT ARE CREDIT CARD | 4-6 | 3 | ADVANTAGES OF CREDIT CARD | 7 | 4 | DISADVANTAGES OF CREDIT CARD | 8 | 5 | CREDIT CARD: PROS AND CON | 9-11 | 6 | HOW YOUR CREDIT CARD IS CHANGING | 11-13 | 7 | HOW TO GET OUT OF CREDIT CARD DEBT | 14 | 8 | CONCLUSION | 14-15 | Credit Cards: Introduction Are you thinking about making a purchase? Among the payment choices tucked away in a consumer's a wallet is the credit card. Its popularity since its debut in the late 1950s has skyrocketed. Many people enjoy the convenience and protections it offers, such as the ability to defer payments and keep records of purchases. However, credit cards can either help to improve your lifestyle by offering convenient payment and helping you build credit, or they can leave you with a pile a of debt - it all depends on how you use them. Problems can be avoided but understanding the terms of the credit card agreement, spending wisely and selecting the appropriate card. Here we take an in-depth look at credit cards and provide useful information about how you can use one to your best advantage. How Credit Cards Built A Plastic Empire :- Credit cards are nearing necessity status in modern life. If you want to rent a video, book tickets online, or place an advanced order for something...
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...Northern Excellence will be abbreviated to “TANE” *** Table of Contents Page Number Executive Summary 2 Potential Market 3 Local Competitors 6 Product and/or Service Offering 9 Pricing strategy 10 Promotion Strategy and Budget 11 Distribution Plans 12 Cost/Profitability Analysis and Pro Forma Financial Statements 13 Future Plans 14 Appendix 15 Page |2 Executive summary My name is Jan Barbier, I have a degree in Kinesiology and certificate in personal training and I am currently a student in Respiratory Therapy and Exercise Physiology. TANE is a business concept that is targeted to both high-performance athletes and to those individuals that may suffer from more than one risk factor. My expected business outcome is to provide Yellowknife with my expertise in improving ones physical capabilities and to improve one’s quality of life by working to eliminating ones identified risk factor. I am hoping to open TANE in Yellowknife, Northwest Territories once I have graduated in this coming summer. I have been saving money for this very project, so I will not require any loans or financing from any third parties. I plan on working as a full-time respiratory therapist, while having TANE as an extra source of income. This will allow me to safely open TANE, without putting myself at financial risk. Once graduate, my parents will be passing our family home on to me as they are moving down to Alberta, when this...
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...Asia Wright Mrs. Saffo 0 Period March 13, 2012 Counseling Portfolio Table of Content 1. My Career Choice a. Job Description 2. Letter of Introduction b. Agreement/Disagreement 3. Interview 4. Career Options 5. Earnings 6. Employment Outlook 7. Colleges an c. Courses Chart d. Compare and Contrast 8. Companies Hiring 9. Dream House and Car 10. Loan Information 11. Exponentials e. Graph f. Table 12. Creative Reflection 13. Conclusion 14. How to be Graded Career Choice, Letter of Introduction, Interview, Agreement/Disagreement of Career Career Choice and Job Description Counselor: works in diverse community settings designed to provide a variety of counseling, rehabilitation, and support services Introduction Hello, my name is Asia Wright. I am a successful and passionate Westlake honor roll student active in the Magnet program of medical sciences and athletics. I desire to secure a full academic scholarship to a top-tier medical university for a Medical Doctorate (MD) in Trauma with concentration in chronic diseases, clinical trials and surgery. For my Math and Technology course I had to take a personality test and chose a career from the list provided based on my personality. Various careers were on the list provided such as Fashion Designer, Photographer, and Child Care but I decided to select Counselor/Social Worker. Not that I don’t disagree with the career...
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...Class Discussion: Students will respond to the following: · How have entrepreneurs been impacted by the global economic crisis? · What excites you about being an entrepreneur? · What concerns you about being an entrepreneur? How have entrepreneurs been impacted by the global economic crisis? Entrepreneurs have been hit since the downward slope of the economy. The banks have stopped and/or made the loan process more stringent to receive funds and to continue business. Some entrepreneurs found investors to receive funding where they were able to get around receiving loans from banks. · What excites you about being an entrepreneur? The exciting attributes of being an entrepreneur is setting your own standards. Creating jobs for the community and putting resources back in the community served. Leaving a legacy for the next generation and giving young people an opportunity to learn a new skill and concepts. · What concerns you about being an entrepreneur? The concerns revolve around not having the resources to continue running the business. The product or service rendered is no longer needed and not having the technology to advance. The business failing because of bad decisions that were made. 1. The global economic crisis has negatively impacted many entrepreneurs. Those who began their businesses during better times have found themselves in severe financial trouble. However, the downfall in the global economy has also presented a...
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...Asking For Help: A Self Reflection Assignment: from Personal to Professional Responses Professor Robyn Brown-Manning SW 717 Social Work Practice and Learning Lab Assignment 1 We live in a world or society where there are certain fundamental needs, which are important in facilitating our development. “These needs can be considered in two overall categories: the need for security, and the need to accommodate the drive toward growth,” (Brill, 2005, pg. 27) all of which can be fulfilled by education. As a citizen of the United States, in an egalitarian society where educational advancement is fostered, I was able to become closer towards achieving the American dream. Education was also seen by my immigrant family as an important factor in attaining greater opportunities and ultimately an improved lifestyle. The process of accomplishing the American dream is one which is not always easy and comes with many challenges. One important challenge was getting the resources I needed to further my academic goals, which was hampered by my parents’ inability to understand the educational system in the United States, and my parents’ limited financial assets. As a result, I knew I would have to depend on outside assistance. This proved to be a difficult task for me, because as a male I felt there was a negative stigma associated with asking for help from an outside source as this may display vulnerability. Nevertheless, with dedication and support from those...
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...Case Study: New Business Venture This case was borrowed from Kathy Schwalbe, Project Management 4th edition Part 1: Initiating Background Scenario: You and several of your friends have been working for corporations for over five years, but several of you have a desire to start your own business. You have decided that you are ready to pursue your idea of starting a music academy for children ages 3-16. You all enjoy creating music, and you saw the advantages that some children had from participating in special music programs beyond those available in schools. In particular, you see the need for music training in your area for children interested in voice, guitar, keyboard, and percussion so they can perform in their own bands. This New Business Venture Project would primarily involve you and three of your friends, who were all part of your high school band: 1. You are an excellent bass player, and you were the one who organized your band in high school and got the few paid gigs that you had. You can also play keyboard. You continue to play both instruments occasionally, but your full-time job and new spouse take up a lot of your time. Your current full-time job is working as a business analyst for a large retail store. Although your job is going well, you realize that you would be happier working in your own business and with something involving music. Your strengths are your creativity, organization, and analytical skills. Your spouse is employed full-time and supports...
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...Links between Ghoshal's article, Agency Theory and the 2008 Global Recession. We are all too familiar with the mayhem caused by the global financial crisis; we are still recovering from the after effects of this mayhem. In this essay I will try to investigate the relationships between the Agency theory, Ghoshal’s article on how bad management theories are destroying good management practices and the Global Financial Crisis of 2008. I will start off by introducing the Agency theory and looking at some of its pros and cons, then I will go on to relate the theory to the causes of the global financial crisis of 2008 and finally show how some of the actions based on the Agency theory could have been the foundations of the meltdown. I will then talk about how Ghoshal, in his article, talks about the complete amoral education and scientific measurement methods of the new age management schools which are fueling an ever increasing mistrust between the stakeholders and management. “Agency Theory concerns how two parties in a contractual relationship may interact depending on their attitude towards risks and whether their individual goals align” (Jon Tan, 2009). The agency theory sees two problems that can occur in an agency relationship where one party (stakeholder) delegates work to the agent. The first problem arises when the desired goals of the principal (stakeholder) are not aligned with those of the agent and it is difficult or expensive for the principal to verify what the...
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