Early life Prahalad was the ninth of eleven children born in 1941 in to a Kannada speaking family in Coimbatore, Tamil Nadu. His father was a well-known Sanskrit scholar and judge in Chennai[citation needed]. At 19, he joined Union Carbide, he was recruited by the manager of the local Union Carbide battery plant after completing his B.Sc degree in Physics from Loyola College, Chennai, part of the University of Madras. He worked there for four years. Prahalad called his Union Carbide experience a
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The diagram shows normal profits that firms in monopolistic competition in the long-run. Whatever the situation of the firm in the short-run, in the long-run the will still try to maximise profits by producing that level of output where MC = MR and, at that output, the cost per unit, C, is equal to the average cost (Blink, Pg. 116). In the long run, each firm is exactly covering its costs, this includes its opportunity costs, and so there is no incentive for firms to leave the industry. However,
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directly with our contacts with executives at the Crowdfunding platforms to identify such people. Additionally, we acknowledge that motivations for participations could be influenced by the time at which we interview people. People who have funded a project and received their reward may report different motivations than people who have funded a project but not yet received their reward. Our informants are restricted to participating in one of three Crowdfunding platforms. We chose these platforms
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end of next year our relations of trade will be as high as $13 billion China is still to build a world renowned company like General Electric and Apple. The impression most of the foreign countries have of china is that their business men and entrepreneurs are out to gather wealth, rather than for business strategy, innovation and style of administration. But yet china has one of the most effective business management approach in the 21st century. The Chinese administration cannot be like the Japanese
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SWEDISH BUSINESS CULTURE FIELD REPORT – NOVEMBER/DECEMBER 2010 [pic] [pic] [pic] SWEDEN FACTS AND FIGURES (2009 -2010) : Full name : Kingdom of Sweden (Sverige (SE), Ruotsi (FI) ) Capital :Stockholm ( 5 m inhabitants) Major language :Swedish Major religion : Christianity Land Area 449,964 sq.km (173 732 sq miles) Population: 9,3 m (=0,14 % of world´s population) Foreign born inhabitants : 13,8 % Population density: 20 sq. km Life expectancy: Men 80 years , women 84 years Adult literacy:
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communicates financial and managerial information and advise other managers on financial matters Fields of Accounting Financial Accountants -Prepare financial statements -Assess financial strength Managerial Accountants- Prepare internal reports Finance- planning for, obtaining, and managing a company’s funds Economics- study of the production, distribution, and consumption of goods and services Economists’ Questions What goods & services should be produced? How should
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tax polices play a vital role in boosting up entrepreneurship. Study of Gourmet Pakistan gives strong support that mentioned strategies boost up the entrepreneurial process. The research methodology used in this paper is face to face interview, financial reports & official website of Gourmet Pakistan. Keywords: Innovation, Entrepreneurial Leadership, Networking, Technology. INTRODUCTION The term entrepreneurship cover a broad range of activities and processes, including innovation and creation
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Abstract This study strives to examine how microfinance activities can be successfully applied in the developed world. This is done through a field study in New York City. Throughout interviews and observations with three of the largest actors in New York: Acción USA, Grameen America and Project Enterprise, as well as interviews with their clients, the lending processes and key characteristics of the organizations have been mapped. Furthermore, the Federal Reserve Bank of New York has been interviewed on
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The past thirty years have witnessed the most powerful emergence of entrepreneurial activity in the world. Entrepreneurs are now described as aggressive catalysts for change in the world of business; individuals who recognize opportunities where others see chaos, contradiction, or confusion. They have been compared to Olympic athletes challenging themselves to break new barriers, to longdistance runners dealing with the agony of the miles, to symphony orchestra conductors who balance the
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1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY In recent years, computers have permeated our lives. From the office to the living room, computers are transforming the ways we work and play. It is no surprise that they are also transforming the way we learn. Computers are being used with increase frequency in success schools at all grade levels and in all subject areas, as well as for special education, adult literacy programs, and college instruction. Information System has significantly transformed
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