New Venture Assignment Example | Topics and Well Written Essays - 2500 words

New Venture - Assignment Example Once the market is there everything can be steamrolled to make the plan work. It would be better if she could conduct market segmentation so as to narrow down her target market to a small niche of consumers who she can supply adequately and profitably, and then slowly expand her clientele. The three points form the first assumption, which is that there is an opportunity which the entrepreneur (Olivia) can take advantage of. There are already plenty of coffee houses in Frankfurt, but Olivia’s decision to focus on flavored gourmet coffee is both strategic and realistic. Does Olivia understand the coffee industry/business well? Does she have a good understanding of the coffee industry in Brazil and that of Frankfurt in particular? These are very important questions because although she may have the capital and the market, the coffee business requires hands-on management and skills. It is not enough to just assemble the materials/resources required for the business. For instance, Olivia needs to understand that just like other industries the coffee retail industry has trends (Langen, 2013). Whether she like it or not those trends will affect her business; this is through aspects like climate changes, demand, market volatility, competition, hoarding, production/supply, and government policies (taxation and regulation). Olivia must have or develop an understanding of these issues because they will have a huge impact (positive or negative, depending on how she addresses them) on the success of her business. As such, we make two assumptions here. One is that she understands how the coffee retail industry works and the dynamics involved. Two is that if she does not understand how it works, she knows people who will support her until she does, and she is willing to learn. It has been mentioned that DC would ship to Olivia on receipt of payment for each order. This comes with its

Knowledge Management And Organizational Learning Essay

Knowledge Management And Organizational Learning - Essay Example As Noe (2002, p. 168) noted, knowledge management is a management process that the performance of a business can be enhanced by designing, implementing and strategically aligning various tools, processes, systems, structure and cultures with a view to create and share knowledge among its people and to use for overall business purpose. The very basic three elements included in Knowledge management are 1) creation of the knowledge through some effective strategies, 2) sharing of the created knowledge among people and 3) making it available and useful for any business purpose.   Knowledge Management has been found to be useful for the organization as it helps it get the products to the target market quicker, develop innovative ideas, serve the customer well in order to maintain customer loyalty and retention and achieve sustainable competitive advantages. As Boxall and Macky (2009, p. 10) emphasized, knowledge management helps a business achieve high performance working through variou s strategic processes and organizational development programs.   Knowledge Management has emerged to be a management tool that focuses on data, information and knowledge among the employees in an organization (Awad and Ghaziri, 2007, p. 26) and encompasses the processes by which experience, skills, expertise, knowledge and abilities are gathered, then shared among the people and utilized so that these can be converted to collective organizational learning process (Foster, 2005, p. 397).  

Gender and Development in South Asia Essay Example | Topics and Well Written Essays - 2000 words

Gender and Development in South Asia - Essay Example The result has been that there has developed stiff competition between the established hierarchy that dominates society and NGOs in a bid to make possible the inclusion of women in the process of development so that a truly modern and competitive world can be ushered in Asian countries. The intense competition with the established hierarchy has made it difficult for NGOs to have the impact that they desire in society but as an article that will be analyzed will show, there are some which have gained a measure of success. The gender issue, such as employment discrimination, in Asia, not only involves women, but also members of the LGBT community, who have become victims of long established traditionalist or conservative values in their societies.The White Van Stories is a 2013 documentary made by Indian filmmaker Leena Manimekalai that seeks to show the suffering that families in Sri Lanka are having as a result of women from their families having been kidnapped during the violence th at was the civil war. Manimekalai is a woman who has been a women’s rights activist for many years and she has become famous in India for standing up to the status quo and calling for more participation for women in the society. Through her experience, she managed to ensure that White Van Stories became successful in depicting the significant number of disappearances that took place in Sri Lanka during the war. Not only does it tell of the brutality suffered by women during such incidents, but it also shows the manner through which some of these individuals were kidnapped; never to be seen again by their families.

Introduction to Financial Accounting Research Paper

Introduction to Financial Accounting - Research Paper Example Amount Opening capital 58630 Add: Net profit 38565 Less: drawing (-)24700 Bank overdraft Creditors o/s security guard wages 400 o/s telephone and e-mail 200 o/s website maintenance expenses 375 72495 2380 19670 975 95520 Debtors Cash in hand Freehold premises 60000 Less: depreciation(new) -(3000) Less: depreciation(old) - (18000) Safe 12000 Less: depreciation(new) -(2880) Less: depreciation(old) -(4800) Shop fitting 34000 Less: depreciation(new) -(3400) Less: depreciation(old) -(10200) Closing stock3400 520 390004320 20400 2788095520 Adjustment entries: (1) O/S Security guard wages 400 should be added in the liabilities side. (2) O/S Telephone and e-mail 200 should be added in the liabilities side. (3) 900*5/12= 375 is O/S of the website maintenance expenses should be added in the liabilities side. (4) 60000/20 years= 3000 for year should be deducted as new depreciation and old depreciation should be Deducted from actual cost, therefore 60000- 18000(old) - 3000(new) = 39000. (5) 12000-4800(old) =7200(new depreciation) 2880= 4320.... Coming to the next concern that, the value for your premises seems very low, though you paid more than that of them because the old depreciation is more than the new calculated premises. As we can see it separately below the balance sheet and on the balance sheet, this comes under the Asset side in the Balance Sheet and the new calculated and paid depreciation is very less that the previously calculated and paid one. Therefore, more cost was been paid earlier, which if alone calculated will be very high, that is why the value shown for your premises now are very low. As you have said that, you took  £24700 out of the business for your own personal consumption, this comes on the debit side of trading account as owner’s drawings and subtracted under the liabilities side in the balance sheet. As we know that the owner’s drawing is subtracted from the sum of net profit and opening Capital, and as the amount is not been returned, though it is taken from the profit of the business it is subtracted. In addition, counted as neither a loss or bad debt or a profit and this is why is cannot be written, calculate or charged under the profit statement. The distinction between the fixed asset and the current asset is, fixed asset is been defined as that asset which is been acquired for relatively long periods for carrying on the business of the enterprises. They are not been meant for resale. Land and building, machinery, furniture are some of the important examples of fixed Assets. Sometimes the term â€Å"Block Capital† is also been used for these terms.

Human Resources Google culture paper Essay Example | Topics and Well Written Essays - 1750 words

Human Resources Google culture paper - Essay Example developed in consultation with both internal and external stakeholders and all the latest global, economic, social and environmental challenges were taken into consideration. Maersk’s vision is to â€Å"To be the undisputed leader of liner shipping companies† Previously they had a vision to create opportunities in global commerce. Maersk makes sure to fulfill its vision by the help of following mission: Maersk shares some fundamental values with all its 108,000 employees all over the world. These values are deeply engraved in every employee and they are guided by these values regularly. Let’s have a look at each of these 5 core values: 1- â€Å"Constant Care – Take care of today, actively prepare for tomorrow.† Maersk employees believe in preparing for tomorrow beforehand. They work for today and are pro-active rather than reactive. 2- â€Å"Humbleness – Listen, learn, share, give space to others.† Maersk has a very friendly environment for its employees. The employees work closely with each other on projects and try to uplift each other. Every employee at Maersk is respectful towards others, listen to their opinions, and most importantly give them their personal space. 4- â€Å"Our Employees – The right environment for the right people.† Employees are given great importance at Maersk as they are the people behind its great success. Employees are given a challenging and exciting environment to work in. They are supported for great career opportunities all over the world at Maersk. Maersk also is one of the highest salary givers. These values have determined how they interact with employees, customers, and society for more than 100 years. The values continue to serve as an integrated part of the way Maersk carries its business. Their Group CEO embraces the values and sees them as an important part of driving a performance culture and helping the company win in its market places. Maersk faces a few problems in its business that creates big challenges

Should we mine this Ore Essay Example | Topics and Well Written Essays - 500 words

Should we mine this Ore - Essay Example The amount of light that passed through the solutions to the photocells is used to determine the absorbance of each solution (Reynolds & Thompson 26). The equation of the standard curve is given by y =mx + b. Plotting a graph of absorbance against concentration for the standard solutions produces a curve that has a direct relationship with the equation of the standard curve (Bartlett 159). The direct relationship between concentration and absorbance for a solution is referred to as Beer’s law. Concentration of unknown compound can be determined from the graph by measuring its absorbance. Its absorbance is located on the x-axis of the graph, and its corresponding concentration is determined on the y-axis. Concentration of the unknown solutions can also be established from the slope of the Beer’s law curve (Bartlett 159). A blank solution was then prepared by filling the cuvette with distilled water to a volume of  ¾ full. Care was taken not to contaminate the cuvette while filling it. Spectrometer was then calibrated by placing a blank cuvette into the cuvette grove of the spectrometer (Reynolds & Thompson 160). In order to determine optimal wavelength for plotting this standard curve, 0.4 M standard solution was placed in the cuvette slot. The cuvette was then rinsed twice with 1 mL solution in Test Tube 1, and then refilled to  ¾ of its volume. The outside was wiped with a tissue paper and placed into the cuvette, and absorbance of the solution was measured (Bartlett 159). This process was repeated for solution 2-5 until their absorbances were obtained. The absorbance of each solution was recorded in the data table. The data recorded was used to draw a graph of absorbance Vs concentration. The concentration of Copper (II) sulfate was obtained from the graph by determining its corresponding rea ding on the y-axis. Among all the acids

Academic degree Essay Example for Free

Academic degree Essay The different Definitions of education are misinterpreted in different ways, but there are still ways that you can interpret what you think the definition is on education. Education is to be able to find your own path. To have a high school diploma or to have a college degree, education is to be successful in your life in whatever way that is. Trying to define education is like trying to define why the sky is the color it is or why the grass is green, there is no accurate definition of education to me. Education can mean more than one thing having a college degree but also can mean not having a college degree. Being educated to me means to be successful in your life, just because you do not have a college degree doesn’t mean you will not go far in your life or make a good amount of money. People make it seem as if you don’t have a decent degree you will just work at a fast food restaurant. If someone were to ask me what it meant to be educated I wouldn’t be able to give them an answer. My mother Julie, went to the University Of Arkansas were she had completed law school. After completing law school she got a job at JB Hunt being a contract attorney. My father Carlos, who only has a high school diploma but works for a company called South Western Energy and is a company man for two rigs out in Pennsylvania where he is very successful in what he does. I don’t think you have to have a college diploma to be the most educated person around. Do I think you would make more amount of money in certain professions? Yes. Society makes it out to be that you must be admitted to a college to be educated, but really how educated do you have to be, to be admitted into a college. Back in the day it was a lot harder to get into a college, now-a-days you can score a fourteen through a sixteen and easily get into a college and just have to do remediation classes. Being tested for an ACT, SAT, Standardized test to me doesn’t show how educated you really are. Teachers teach you for the chapter they are covering than they either expect you to continue to remember what they taught you or you forget it. On the standardized test or the ACT or SAT there is information that you were taught in younger grades or that you haven’t been taught yet. So technically it really isn’t showing how educated a person may really be. Life its self-offers you an education. This lesson of education is more a hard learning education. ‘The best way to predict your future is to create It. ’- Abraham Lincoln. You are not taught in school how to balance a check book, how to cook, how to pay taxes, or how to do major things in the real world. Sooner or later you will get to the point that you will graduate for high school, get your GED or even drop out, but there will come a time that you will leave your parents’ house, which then you will have to find your own path in the real world. Unless you were taught by your parents or other adults how to balance a check book, how to cook, how to pay taxes, or how to do things in the real world you won’t be an educated person on how to go about life. In life there will be times that you will come to points in life that will you will see how educated you are, or when there is times that you need to speak up or when you need to go ahead and back off from the situation. People are different and learn in many different ways some faster than others and some who remember everything easily or some who forget stuff by the time class is over. Being knowledgeable in one subject and not in the other is that consider too make someone less knowledgeable or less comprehensive than another person. When going through college to earn a degree depending on what we want to major in we aren’t taught certain subjects. When majoring in anything in the medical field you aren’t taught any type of histories because you don’t need to know it. When you want to become a history major you aren’t taught any sciences because you don’t and won’t need them. If someone was to walk up to someone and try and have a conversation with them about a certain subject or ask them for some type of help on a certain subject but the other person isn’t able to have a conversation back because they aren’t taught that subject or haven’t been taught that subject does that make them any less educated than the person asking for help. There will always be some one that is always smarter or believes to be smarter than you, but really how can you tell how smart someone is. Being successful to me is a huge part of being educated. When knowing people who have a good degree and do not do anything with their degree and make bad choices in their life and not care what anyone thinks isn’t a successful and well educated person. When you are living on the streets and have a good degree you could go and find a job even if it means starting at a fast food restaurant and working your way to the top to get a job for what your degree is. It may take time but no reason to just sit around and waste a well-educated mind as society would say. There may be as many definitions as there are defines, but it is important for people to have a clear understand of education in order to be able to define it to other people on what your beliefs are and what it means to be a well-educated person. Lincoln, Abraham. Education Quotes Edgalaxy. Edgalaxy. Techzoo, 2009-2013. Web. 17 Sept. 2013.