Entrepreneurship Essay Example | Topics and Well Written Essays - 4750 words

Entrepreneurship - Essay Exampleand urge to start a new business is not as difficult and important as sustaining the business through the full lifespan of the business lifecycle (Nowak, 1996). This audition therefore uses Zaarly as a case study of a startup business to understand from the situation of Scott and Bruce (1987) and other scholars, what makes or unmake businesses in the first five years after they have been fixed up.Set up in February 2011, Zaarly is a private company founded by Eric Koester, Bo Fishback and Ian Hunter. The company is in the online retail industry with some unique dynamism that focuses on the creation of platform for users or anyone to hire a minion or sell whatever they have to sell to neighbours. Proximity is a central business sentiment for the founders, making Zaarly a proximity-based, real-time, and buyer-powered market platform (Steiner, 2011). Through the use of online platform, anyone can find people nearly them who offer services they are lo oking for, or products they are seeking to buy. In effect, Zaarly is a local anesthetic marketplace that operates from an electronic basis.As serial entrepreneurs, each of the founders of Zaarly already has several start-ups that they personally manage. Zaarly has however been confirm to be something different as it was set up with the objective of becoming the turning point in the online retail marketplace business (Swartz, 2011). Because of this objective, the three founders seem to have given Zaarly a lot to a greater extent attention and focus, given the existing competition in the industry. Into the next five years, the company has been tagged to be a common household name for all who want to find the closest place well-nigh them where they can have their services and products provided.Shontell (2011) reports a seed capital of $1 million was raised for the ordained opening of Zaarly. This start-up capital however accredited a major investment boost when the company received S eries A financing that amounted to $14.1 million. The main financiers of

Classic Airlines Essay Example | Topics and Well Written Essays - 1750 words

definitive Airlines - Essay casefulThe airline attention is an oligopoly. Oligopolies are characterized by having a limited numbers of participants in a foodstuff structure that has a medium level of worth elasticity. Since there are few competitors companies tend to respond to changes in prices of other airlines. The airline industry has been in a cost savings mode for several(prenominal) years. Since 2002 the number of people working in the airline industry has been reduced by over 150,000 workers (Plunkett Research, 2011). The revenues generated by the industry in the United States are significant. According to the USTA the airline industry in the United States generated $704.4 one million million (Plunkett Research, 2011). It would be in the best interest of Classic Airlines to increase its market share in the remunerative US travel market set up. In the past Classic Airlines made the mistake of pursuing an aggressive price discount strategy. The results of the offseterin g the price strategic approach were not favorable. Drastic price reductions in an oligopoly place the entire industry at risk of a price fight. In a price war all the participants lose due to the fact that the profit of the entire industry goes down. Internal and External Pressures Classic Airlines is currently facing a lot of pressures from different stakeholder groups. The order has stayed profitable, but its margins are extremely thin. know year the company generated $10 million in revenues which seems like a nice figure, but considering the fast generated $8.7 billion in sales its net margin was very low. The net margin of the company was 0.11%. The industry standard net margin in the airline industry is 2% (Dun & Bradstreet, 2011). The shareholders of the company are put pressure on the management staff to improve the results of the corporation. Due to the weak financial accomplishment of the company the price of the common stock of Classic Airlines has been going down. O ne of the objectives of any public corporation is to increase shareholders wealth. The company also faces pressures from its customer base. The customers are not very happy with the company. A metric that illustrates the current posture the company is facing is the fact that the firms customer inscription program has lost 20% participation during the last year and the frequency of purchases of the customer has also departed down by over 20%. One of the primary reasons the companys financial performance has been weak is due to the fact that the company has lost a lot of returning customers. The customer belongings rate of a company is a very in-chief(postnominal) marketing metric. The company lacks the service elements, operations procedures, and marketing programs to satisfy the customers needs. In the business world the customer is the most important stakeholder group because companies depend on the customers for its revenues. A third stakeholder group that is facing pressure s due to the current situation at Classic Airlines is the employees of the company. The firm is currently having major employee morale problems as morale is as low as it has ever been. When employees have low morale they lose their motivation and as a instant their performance and efficiency suffers. It is important for the managers of companies facing morale problems to demonstrate strong leadership. The low morale of the employees is negatively impacting the customer service function of the enterprise. One of the critical positions in regards to customer service is the flight attendants. Their hypothesize is to make the customer feel comfortable during the entire flight. Objectives and Obstacles of Marketing Department The objective of the marketing surgical incision

Marriage and the Family Personal Statement Example | Topics and Well Written Essays - 750 words

sexual union and the Family - Personal Statement ExampleThe solution that the educator that I interviewed presented was simply the desire of the pargonnts to take roughly time off their careers in high society to stay longer at home and monitor the cultivation of their children. It is non always good to depend on the nannies and tutors to preside over the learning of their children. The parents have to be committed to regularly be there when their children needs them.The counselor that I interviewed mentioned that there are three fundamental procedures of decision-making in the present day families the top-down method, the democratic method, and the subculture method. Top-down or implemented decision-making ordinarily happens in the family structure of disoriented families, because the heads of these families do not know that it normally leads in bad educations that are hard to manage, even though they may be effortless to tell to the members of the family (Napier 5). In shor t, they do not know that top-down methods may lead in forced compliance from the children for instance, but in man they do not totally agree to it. As a solution to this problem, the counselor suggested that families implement the debate methods to decision-making which are hard and eat up a lot of time, but the dedication and swan to the development will be more effective than an altered family setting which decreases outputs and results.C. Opinion of the Social WorkerThe fond worker that I interviewed mentioned that majority of the failed activities of families at present rely tremendously on the lack of interpersonal interaction and relationship among the family members. Bounded with a distorted objective, the control of developments at families is not always incorporate with the family members that will benefit or will immediately feel the impacts. Discussing the objective of development at families right away is not always important (Cherlin 6).As a solution to this probl em, the social worker recommended that families should start to incarnate that interaction is the highly recommended way that the families must always use. If the family members can effectively communicate with distributively other, obtaining the trust of each other and managing a smooth relationship will always be easy to do, and this leads to a smooth flow of family functions. Personal NotesI believe that family is the most important treasure in the world. patch it is true that families cannot be perfect all the time, the family members must always have the initiative to help each other grow and become united as one. Of course, the parents have to be role models in order for the children to follow. If the family stays together as one cohesive unit all then time, then problems no matter how they may be can be easily deflected and the family will be strong and unshakable with their support for each other.WORKS CITEDCherlin, Andrew. Public and Private Families An Introduction. Mc Graw-Hill Humanities/Social Sciences/Languages 5th edition 2006Lamanna, bloody shame Ann. Marriages & Families Making

Business Research Report Essay Example | Topics and Well Written Essays - 1500 words

Business Research Report - audition ExampleOf course the products required customer service. And apple Inc. positi one and only(a)d Customer Technical Support just aboutly in the USA but partly outsourced to India because of the 50% lower cost. In the US alone, there are active 10,000 orchard apple treeCare Advisors applications in 24 States aside from 3,300 home based Advisors, and 600 part-time employees who are college students. In 2010, Apple Inc. agnize 58% of total revenues from countries outside of the USA (Kane and Rohwedder 2010). The management therefore launched iPhone 4 in 88 countries to manage against other brands of iPhones manufactured by other companies. In 2009, Apple Inc.s iPhone 3GS reached 64 countries. Unlike the Apple Macintosh computers which could not compete, the iPod music players of Apple Inc., the iPad Tablet Computers, and the iPhones were able to penetrate the international markets. And the sales of Apple Inc. are gradu all toldy being improved vi a retails stores specialized with Apple products. It was done through aggressive merchandising effort wherein new stores of Apple Inc. in places like London and Shanghai accounted for more than 50% of all the new stores of the industry wherein Apple Inc. belongs. By May 2013, as a result of sustained globalisation effort to penetrate the markets in many countries, Forbes (2013) identified Apple Inc. as the 1 most herculean brand in the world, 1 in market value, 2 in profits earned, 26 most innovative company, 15 in sales, and 15 in the worlds top 2000 global companies. The products change are made up of mobile phones, portable media, personal computers, music players that are digital and portable, software, services, and peripherals. head known brands that were sold included the iPhone, iPad, Apple TV, iOS, iCloud, iTunes, iBookstore, and so on. Apple Inc. capitalization exceeded $ 400 billion. And the channels of diffusion now include direct sales aside from online sales and actual retail stores. Wholesales and resellers were tapped along with cellular network carriers.. Technology, as a whole, has been changing the lifestyle, pace, and pattern of people in different parts of the globe. For example, in April 24, 2013, software developers around the globe will learn from Apple Inc. engineers about deploying followed by integrating iOS and OS X technologies in 100 sessions during a conference in June 10-14, 2013. Programmers global will gain the knowledge of creating new features and applications from that Worldwide Developers Conference directly from 1,000 Apple engineers who will be there to teach programmers in hands-on laboratories. Such an opportunity to be updated in terms of technology normally takes many months or even years of further education via schools or online universities. This will take only days. And the value for participants will be in the form of better business performance through better services to customers who necessity imp rovements in their Apple devices. (Apple Inc. 2013b) Just to give an idea of the size of that business opportunity from just one application alone, the well-known iTunes, Apple Inc. (2013c) reported that over 25 billion musical downloads had been sold worldwide by the online iTune Stores for nusic, TV shows, and movies. The store averages 15,000 iTune songs being downloaded per minute. The owner

HUMAN BEHAVIOR IN PERSPECTIVE Class Research Paper - 1

military man BEHAVIOR IN PERSPECTIVE Class - Research Paper Exampleinto the understanding of differences such what we owe the old, disparate theories such as Law of Nature to determine demeanour, and the connection betwixt the approaches such as social and sexual mash.That the law of nature can be seen as a law of evidence and that internal law can be seen through the same eyes that are used in reason. According to Locke, the intrinsic law has often been found in the scriptures and that they have been established through the pull up stakes of God. The natural law should, therefore, be understood in the line of actions that are consistent with Gods scriptures. The other approach that has been fronted by John Locke is that the law of nature should be considered as a everyday entity that applies to everybody at every particular time and in any place, but the law has to consider that the differences in culture will have to state what is culturally acceptable in different societ ies. Locke talks of natural law to be normative rather than descriptive and that it is not mandatory that civil laws stay in harmony with the elements of natural law. It is significant to understand that civil laws should often be made consistent with the structures of natural law. For the purpose of seeking to derive an understanding in regards to the law of nature, one has to put human behavior in perspective and to create an awareness that civil rights are connected to natural law and that the different cultures do not have to exhibit similarities in the peculiarity of the beliefsThe link between sexual contract and the social contract had been documented by John Locke especially when he developed a watchword on the relationship between the two types of contract as well as the relationship between the individual and the state. The discussions about the relationship witnessed between the state and the individual are the ideas that shaped Carole Patermans system of sexual contrac t and the critique of the views presented by such thinkers as Locke and John Stuart

Economic Crisis in Greece and its Impact on the Euro Essay

Economic Crisis in Greece and its Impact on the Euro - Essay ExampleThe levels of debt and shortfalls surpassed the limits that induct been set by the euro zone (CNN). As per the Euro is concerned, since its introduction in the year 1999, its value had declined substantially against the US dollar, as well as certain other currencies. The flaw was to a degree credited to outflows of roof from Europe. However, by 2007, the euro was valued at 53 percent higher than its value that was in 2001. The high absorb lay outs in Europe in comparison to US interest rates had triggered the rebound of the euro, and attracted inflow of capital into Europe (Madura, 167). The report conveys a detailed study on the economic crisis prevailing in Greece and its impacts on the Euro. Background to the Crisis The euro zone was incepted in the year 1999, and several independent states forsaken their own national currencies in support of a universal currency, the euro. The euro was mainly adopted because a number of advantages were expected to get bestowed by the monetary union on the countries that participated. Countries like Greece, which generally have high inflation, the acceptance of euro could benefit by lowering the inflation and the nominal interest rates as well. Lower inflation rates throw out greater borrowing and lending, decreases the possibility of competitive devaluations, introduces a common measure of value across countries olibanum bringing transparency in competition across countries, and also reduces risk by eliminating exchange rate fluctuations. These advantageous features of a common currency subsist till price stability is delivered by the interchange bank of the monetary union and is plausible. In the case of the euro zone, the European Central Bank had rapidly accept its anti-inflation recommendations and became credible (Provopoulos, 1-2). In spite of the above mentioned advantages, there are certain costs relevant to the adoption of euro as the comm on currency. A country joining the euro zone becomes incapable of setting its own domesticated economic policy. Also, it no more than possesses the ability to alter the nominal exchange rate of its currency. Low pecuniary discrepancies and resilient labor and product markets is particularly important in the euro zone. The euro zone does not have a fundamental economic power that can restructure economic properties from a low-unemployment field of view to a high-unemployment area to lessen the consequences of unbalanced distress. Also, owing to differences in language and culture among the different countries in Europe, labor is more mobile in the United States than in here. Hence, regulation systems are required for the euro zone at a national level. Lower economic inequity and elastic product and labor markets offer mechanisms to ease the allowance to alarms (Provopoulos, 2). The Greek Economy 2001-2009 With the entry into the euro zone, the Greek economy seemed to enter a new period experiencing unvoiced development and low price rises. The changes brought about in the economic environment with the adoption of the euro provided crucial benefits for a country like Greece that had experienced constant budget deficits, and high inflation rates levels from the early-1980s till the mid-1990s. However, on with the advantages, long term

Finance executives recognize the benefits of method's green Assignment

finance executives recognize the benefits of methods green efficiencies - Assignment ExampleThe funds may be used to invest in other areas for example in research or advertising. Once the carbon acquires the greener products that do not rout carbon in the atmosphere, it can enjoy the benefit of carbon offsetting. This implies that its tax liability would be reduced, therefore making the total liabilities to reduce resulting to higher profits.Companies in various industries have embarked on investing in greener brands in a piffling run even though it is expensive. The collaboration between finance and trading operations departments at mode may result to the mode pursuing greener activities that are costly in the short run. It is vital to note that businesses should have long terms perspectives such as maturationd customers, going world-wide and product diversification among others. Such perspectives can be attained by looking at the up-to-date situation. For example, Method c an introduce greener household brand that is expensive. Once it starts to advertise the brand and the government as well as customers notice that such product does not cause harm to the environment, it may be highly demanded in the international market in the next few years. This will definitely increase the company sales and improve its image in the global market where competition is very stiff. The selfsame(prenominal) way, a greener car may be expensive for example if Method decides to acquire around 10 cars. However, the government may after some time offset the company corporate tax with the Methods carbon footprint (Gillenwater 16). This will result to low liability and high profit for Method.The change magnitude demand for household products has resulted to stiff competition among the firms in the industry. The companies have come up with different strategies in addition reducing prices. I think also other household companies just like Method are beginning to realize how gr een products can improve their financial conditions. For example, some companies have introduced initiatives