Advanced Entrepreneurship Research Paper Example | Topics and Well Written Essays - 1000 words

Advanced Entrepreneurship - Research Paper Example This will add value to the stakeholders. This new brand will broaden the cash flows of the company and reduce the risk of failure due to diversified income sources. The project might consume an average of 50 million dollars for it to run effectively. The full implementation could take an average of 1 year. The new product will be SMART (specific, measurable, achievable, realistic and time bound) (Taylor, 2009). The product is planned to include next generation technology that will help create a high demand for the admissions. This will help increase the quality and pricing of the classes. The company also expects support from NGOs and the government. School fees shall include operating expenses plus profit for the company. The main cash flow target will be school fees, library subscriptions and sale of projects done in the school by continuing/completing students. Most academic institutions all over the world will normally teach students the basics to the area of study and leave them to explore real life applications for themselves. This means that employers will need to hire experienced workers or first train their own through internships, internal training colleges, internal online colleges, extended probations and contracts. If Triangle solutions could train their own software developers, employers would highly appreciate the relief and demand such students. Students would also be very willing to learn from the actual developers of software. Triangle Solutions would have the opportunity of hiring the best and/or the most talented students as their staff. It would also be an opportunity for extended research and skill on software development products. The students will help the company develop its products and introduce new products. The opportunity will also help the company to increase its staff and regularly train the current staff in a cheap way. Most companies will not prefer purchasing ready-made software, but they

Knowledge management Essay Example | Topics and Well Written Essays - 1000 words

Knowledge management - Essay Example Most huge profit seeking companies and non-profit companies have dedicated their resources to efforts towards managing internal Knowledge as a business strategy. However, they usually seek consultancy services from companies specialized in providing knowledge management services. This companies focus on knowledge management and sharing as a business strategy in an effort towards achieving competitive advantage, high performance, continuous improvement, and innovation in the organization (Rollett 6). Knowledge management encompasses a number of perspectives such as techno centric, ecological, and organizational perspectives. Techno centric perspective focuses on technological practices that enhance creation and sharing of knowledge while organizational perspective focuses on organization structure that facilitates best knowledge processes. On the other hand, ecological perspectives focus on complex adaptive system through interaction of knowledge, people, and the environment with rega rds to the ecosystem. In general, terms, the core components of Knowledge management are the technological aspects, people, organization structure, and processes. Knowledge Management Dimensions Varying dimensions of Knowledge can be distinguished by different frameworks with regards to tacit and explicit knowledge. Explicit knowledge is the kind of knowledge that people hold in their minds consciously in a form where the individual can decide to communicate the knowledge to others. On the other hand, tacit knowledge is the knowledge that is internalized in an individual mind and the person holding the knowledge is not consciously aware about the application and sharing of the knowledge. Basically, the contextual perspective of knowledge refers to conditions where knowledge can be stored easily since it can be codified while on the other hand, knowledge aspects recognizes perspectives where knowledge sharing poses a difficulty and even an impossibility outside the particular site wh ere it was initially develop. However, there are possibilities of successfully converting tacit knowledge that is internalized into explicit knowledge that will enable easy sharing of the knowledge. The conversion processes needs to enable individuals to internalize the knowledge and come up with codified knowledge that is meaningful to third parties accessing the information. Conversion of tacit knowledge into explicit knowledge entails simplification of the complex knowledge and thus beats the logic of its complexity particularly in case of oversimplification. More to the tacit and explicit knowledge framework is the embedded verses embodied knowledge differentiation framework and new verses established knowledge framework. Embedded knowledge concerns knowledge embedded in an information system designed outside a human mind individual while embodied knowledge is kind of knowledge established in the human mind of an individual with learned capabilities in the endocrine and nervous system (Gottschalk 13). On the other hand, distinction framework exists between new knowledge exploratory creation and innovation verses the exploitation and transfer of knowledge that is already established in an

Cons of Cosmetic Animal Testing Assignment Example | Topics and Well Written Essays - 1250 words

Cons of Cosmetic Animal Testing - Assignment Example nt victory for both animal rights activists and the very animals, the European Union (EU) in March 2013 (The EU Animal Testing Ban, n.d.), imposed a ban on the sale of cosmetics and/or cosmetic ingredients used in animal testing (Cosmetics and Household-Product Animal Testing, n.d.). That marketing ban meant that companies who intended to trade within the EU, the world over, had no choice but to abandon cosmetic animal testing. The European Union further pointed to the abolishment of all activities relating to testing of products and ingredients that are acquired or sold within the EU. However, interested firms can continue carrying on animal experiments provided they are outside the EU and the products used are not sold within the EU. However, it is not easy for such firms to sell products in the global market due to various restrictions imposed by other countries. For instance, the Chinese government demands samples for a variety of thorough animal tests before allowing any sales i n China. Prior to that decision, there were numerous protests vented by People for The Ethical Treatment of Animals (PETA) activists through emails, public protests and phone calls. Through PETA’s scientific expertise and funding, China is also making enormous strides in steering away from cosmetic animal testing and will soon approve non-animal tests to replace cosmetic tests. In the same spirit of conservation, Israel and India have also banned the practice. The ban imposed by the Indian government is temporary, but there are measures to establish a permanent one. In a contrasting scenario, the United States have not taken the same steps. It is unbelievable that researchers persist with animal experiments for cosmetics despite the presence of reliable non-animal tests. Recently, research experts have proven that manufacturers can use 3-D human cell generated tissues to measure how long a chemical takes to burn the rabbit eye’s cornea. The chemical is dropped by the researchers

Porter s 5 forces analysis and a life cycle analysis - why is the Assignment

Porter s 5 forces analysis and a life cycle analysis - why is the Australian Car Manufacturing Industry closing down - Assignment Example Although global and local economic conditions have played a major part in the death of the manufacturing industry, blame has also been placed on the many parties and factors involved. By studying the current state of the industry and using porter’s five forces analysis, we can better discern as to what the main drivers were that caused the ultimate death of the Australian automotive manufacturing industry. The Australian car manufacturing industry has become far too small to be sustainable for any particular manufacturer. Australia’s three car manufacturers Holden, Ford and GM all announced they would shut down their local manufacturing operations within nine months of each other. With the local economy facing harsh times it seems that with current size of the market and increased competition from imports has simply gotten too small to be profitable. As a matter of fact, the size of the market had gotten so small that all three companies began to rely on each other just to survive and stay afloat. It has been a long time coming, the death of the Australian auto manufacturing industry. Although, there have been many interrelated reasons that have caused the slow demise of the industry many individuals put the most of the blame on the federal government. It has been blamed for much of the troubles that have negatively affected local manufacturers from their low import tariffs. Many of the federal government initiatives such as their Free Trade Agreements with China and India, low import tariffs, and the controversial automotive financial bailouts have created an industry that cannot sustain itself. Others place the blame to the car manufacturer themselves that used the Australian government like their own piggybank to bail them out financially. Additionally, the federal government and their economic policy itself have created a nation with relatively high wages, strong currency coupled with the extremely low

Does any IR theory present a convincing framework for understanding Essay

Does any IR theory present a convincing framework for understanding global governance Why or why not Discuss with reference to - Essay Example The first time that the concept of IR theory as an academic discipline can be traced back to the book ‘the Twenty Years Crisis’ which was published in 1939 and was written by E.H. Carr. The publication of this book, the occurrence of the First World War and the consequent complexities on the international sphere prompted the University of Wales, Aberystwyth to set up a department dedicated to this subject (Burchill, et al., 2005). With the passage of time, conceptual models evolved in an attempt to explain the complex nature of post World War II- world and currently, several theories are present that aim to explain international politics. We now come to the second part of the question which is global governance. The concept itself is an old one but it has re-emerged in recent years by the name of globalization. Global governance refers to interaction of political nature between transnational actors aimed at solving common issues and problems in the absence of a power of enforcement. These issues and problems may be solved by arrangements which may be formal in the form of laws, treaties and constitutions involving governments, IGOs, NGOs, MNCs and civil society or it may be informal in the form of guidelines or coalitions. ... Secondly, the benefits of globalization have to reach all levels of population so that global governance is sustainable. Thirdly, the difference between global governance and world government needs to be established. Global governance does not seek a central power for the system to work where as world government does. Global governance aims to take some power away from the state in order for global institutions to be strong, autonomous and effective. Only then can global economy, politics and culture be transparent. Global governance has several underlying themes such as a global economy, environmental concerns, democratic political legitimacy at all levels, conflict resolution, freedom of scientific, academic and communication modes and maintenance of peace and security. Successful examples have shown that this is only possible through effective interaction between state and non-state actors. While it has its own merits and demerits, global governance is a new chapter in world polit ics and it is worthy of being explained by at least one of the established IR theories. Of the several IR theories that are present, three will be discussed in an attempt to explain global governance in this piece of literature. They are realism, constructivism and liberalism. Realism is one of the pioneer theories of the discipline of international relations. It consists of three main components namely statism, survival and self-help. Statism refers to the belief that only state actors play a major role in world politics and all the rest of the functional elements of a political system are merely pawns. Survival refers to the belief that there the international system is based upon anarchy or

Business Research Methodologies Coursework Example | Topics and Well Written Essays - 750 words

Business Research Methodologies - Coursework Example Both secondary and primary data, have their diverse advantages and disadvantages in any particular study. For this study, secondary data will be useful specifically for the fact that, it will provide with adequate information on trends shown in customer loyalty over the years. It will be useful in marking out the seasons that there are more customers and when they are low. Primary data has a lot more advantages that can be utilized by Haneesh after gaining the insight of the situation from the secondary data collected. It will enable him to carry out both qualitative and quantitative study, focusing on the major gaps identified by focusing on specific subjects. Positivism as a philosophy in a study does not give room for any form of speculation, therefore, its decisions are based on logical findings from a study. Therefore, in his study, he has to use a quantitative study which will enable him observe the customers and at the same time ask very specific questions. A research proposal for this study is of essence and relevant since it provides a framework upon which the study will be conducted. It is useful in determining whether the study will work out before starting off with the study. It provides a plan on all that will be done and the methods used in carrying out every step of the study. Literature review on the other hand, is useful in determining the gap in any particular area of study (Collector & Module 2011). In this case, literature review will provide information on various trends in customer loyalty which will be used as point of comparison with the present loyalty. This will be useful in giving an insight on the factors that determine loyalty of the customers at any point in time. The hypothetical assumption here is that the sales are going down due the fact there is a surge in e-books replacing the hard copies. To find out

Gold and Diamond Mining of Africa Essay Example for Free

Gold and Diamond Mining of Africa Essay * Diamond mining in Africa Ever since the Kimberley diamond strike of 1868, South Africa has been a world leader in diamond production. The primary South African sources of diamonds, including seven large diamond mines around the country, are controlled by the De Beers Consolidated Mines Company. In 2003, De Beers’s operations accounted for 94% of the nations total diamond output of 11,900,000 carats. Nicky Oppenheimer, the current Chairman of DeBeers. * The life of the miners The search for diamonds is not exactly easy. Many miners and diamond diggers in sub-Saharan Africa travel great distances to find work and submit to gruelingly long hours for low wages – or sometimes no wages – in substandard conditions. Child labor has long been a problem in informal diamond mines, especially during times of war. Children have often been exploited to do excavation work because they are small enough to be lowered into small, narrow pits by ropes to dig out sacks of dirt, which is in turn washed by other children in search of diamonds. During Sierra Leone’s 10-year civil war, children were often used as soldiers and workers in the rich Koidu diamond mines that funded the country’s rebels. USAID launched the Kono Peace Diamond Alliance in 2002 to try to improve the working conditions in the mines – particularly for children. But it is an uphill battle across Africa to get children who are either family breadwinners, or fending for themselves or conscripted into slave-like labor to stop working and go to school. A child solider in Africa Land is often cleared and vegetated areas dug up to create open pit mines in he rushed search for diamond deposits, leaving them unsuitable for other farming activities. Informal mining in hilly areas also leads to erosion – and, in turn, flooding. The salt, heavy minerals and chemical products from mining equipment can run off into rivers and pollute vital water sources for mining communities and people living downstream. * gold mining in Africa South Africa accounted for 15% of the worlds gold production in 2002 and 12% in 2005, though the nation had produced as much as 30% of world output as recently as 1993. Despite declining production, South Africas gold exports were valued at $3. billion USD in 2005. Almost 50% of the worlds gold reserves are found in South Africa. Barrick Gold Corporation is the largest pure gold miningcompany in the world, with its headquarters in Toronto, Ontario, Canada; and four regional business units (RBUs) located in Australia, Africa, North America and South America. Barrick is currently undertaking mining and exploration projects in Saudi Arabia, Papua New Guinea, the United States, Canada, Dominican Republic, Australia, Peru, Chile, Russia, South Africa,Pakistan, Colombia, Argentina and Tanzania. For 2008, it produced 7. million ounces of gold at a cash cost of US $443/ounce. As of December 31, 2008 its proven and probable gold mineral reserves stand at 138. 5 million ounces. Peter monk, the wizard of gold mining * The life of gold miners The unknown factor in South Africa is the future of labor costs. The mines employ several hundred thousand miners underground: half the production costs are for wages. Most of the gold miners are members of the black National Union of Mineworkers, which is pressing hard both for political and social reform, and for better wages and working conditions for its members. But the long-delayed beginnings of political reform in South Africa in the late 1980s coincided with a slump in gold prices. The South African gold mines, many of them a century old, were by then the worlds deepest, and were technically very difficult and financially very expensive to operate even in spite of the low wages paid to the miners. The quality of the ore was slowly dropping: the average gold ore now averages less than 5 grams of gold per tonne. Winnie Mandela is on record as saying to black miners, You hold the golden key to our liberation. The moment you stop digging gold and diamonds, that is the moment you will be free. She could not be more wrong. If the gold mines close, the economic disaster will be visited most on the poorer section of society, the blacks. The South African reforms were predicated absolutely on a stable and healthy economy. In 1999, the price of gold dropped to a low point around $250/oz. This was very bad news for South African gold companies, South African gold miners, and the South African government. Gold companies scrambled to reorganize and streamline their operations. By the time the price again reached $290 again in early 2000, the gold industry had changed dramatically, in South Africa and globally. Health problems of gold miners who worked underground include decreased life expectancy; increased frequency of cancer of the trachea, bronchus, lung, stomach, and liver; increased frequency of pulmonary tuberculosis (PTB), silicosis, and pleural diseases; increased frequency of insect-borne diseases, such as malaria and dengue fever; noise-induced hearing loss; increased prevalence of certain bacterial and viral diseases; and diseases of the blood, skin, and musculoskeletal system. These problems are briefly documented in gold miners from Australia, North America, South America, and Africa. In general, HIV infection or excessive alcohol and tobacco consumption tended to exacerbate existing health problems. Miners who used elemental mercury to amalgamate and extract gold were heavily contaminated with mercury. Among individuals exposed occupationally, concentrations of mercury in their air, fish diet, hair, urine, blood, and other tissues significantly exceeded all criteria proposed by various national and international regulatory agencies for protection of human health.