The Keys to Entrepreneurship Essay -- GCSE Business Marketing Coursewo

The Keys to Entrepreneurship What makes a successful entrepreneur? What can one do to put oneself in a position to succeed on their own? Jay Goltz, for example, is an extremely successful entrepreneur who started his business from the ground up. In the summer of 1978, Jay Goltz founded the Artist’s Frame Service. His business started by using his father’s basement as his office, but eventually moved to an old factory district in Chicago. Today, Goltz’s business in the largest retail, custom picture framing facility in the United States, with over 120 employees and more than $9 million in sales. This success has led Goltz to earn several awards, including being inducted into the Entrepreneurship Hall of Fame. What did Goltz do or possess to make his business venture so successful? Perhaps if one asks the right questions the answers will reveal themselves. Why do entrepreneurs like Jay Goltz succeed when so many others fail? Can a person develop the personality traits to become a suc cessful entrepreneur, and how would one attempt to do that? How important is a business plan when getting started in a business like Goltz’s Artist’s Frame Service? By examining Jay Goltz, and how he started his business, one should be able to identify the attributes that are required to be successful in entrepreneurship. Jay Goltz succeeded in business, I believe, because he was much more prepared than the average person was. Along with possessing key personality traits, Mr. Golt...

Motivational Theories and Factors Essay

Stress and conflict in the workplace can cause major emotional and physical damage to the facility and workers. In the past, there have been reports of tragedies caused by disgruntled workers who may have clocked in with a gun in hand. We are going to look into ‘three motivational theories including the relationship of stress and conflict in relation to individual motivations. ’ Many factors can motivate employees while at work. Some of the motivating factors could include the structure of the lives of the employees before they became employed. Personality is a big factor in employee performance and motivation. Someone that is an introvert may not have the same mind set as an extrovert. This will definitely dictate how that employee behaves and responds to directives at work. Turmoil has happened in recent years in workplace settings. Let us take a closer look at a tragic workplace incident. Omar Thornton was a thirty-four year old black delivery driver in Manchester Connecticut. On August 4, 2010, he signed his resignation papers in front of witnesses after he saw video footage of him stealing beer from his company. Before leaving the room he reportedly pulled a gun and started randomly shooting workers he came across. In the end, he killed eight, leaving two wounded before he killed himself. Thornton’s relatives and girlfriend said he had been harassed in a racial manner. This story is not the only one we have seen in the news. It proves that motivation can be a source of good behavior or negative. In Thornton’s case he was motivated by what he thought to be racially aimed mistreatment from his white co workers. This caused him to become stressed and it reached a deadly point of conflict, a him against them scenario. In the real world, no employee should allow their job stress to motivate them to take lives or destroy property. Stress can lead to serious consequences, whether it becomes a health issue or affects performance in a negative way. If employees are in constant conflict over management issues, pay working conditions or other concerns, this can lead to low moral among the employee congregation. It won’t matter if all employees are involved in the struggle, dissatisfaction can spread like sand into each individual’s boundaries. It will be the main topic around the water cooler each day. The job for management is to keep employees motivated in the right direction for the good of the company and its productivity. Management can help decrease the incidents of job dissatisfaction by following these steps. Positive reinforcement should always follow an employees job well done. When problems or disagreements arise the discipline should fit the crime. All persons who live up to their expected performance should be treated in a fair respectful manner. Goals should always be well pronounced so that no employee will say they didn’t know what was expected of them. Some jobs may need to be restructured to generate better productivity. All employees who perform in an acceptable capacity should be rewarded fro their compliance. Increased pay or a truck load of benefits may not always be at the top of the list when it comes to employee motivation. People want to feel needed and appreciated on the job. They want to know that their work is worth something. So, to decrease the incidents of stress, unfairness which can lead to conflict and disgruntled or dissatisfied employees, companies need to place value on employees who are doing what they are asked. When conflicts arise, there should be a procedure in place to allow every voice to be heard. When I am involved in stressful work situations, I bring it to the attention of my department manager. I do not attack an individual, I attack the cause of the problem. I follow the company’s guidelines for resolution, it has always worked for me. Since I started this class, I have learned that positive external motivation can also decrease or prevent stress in the workplace. So there should be a plan already in place to head off negative incidents.

Graduation Speech On Academic Probation - 951 Words

No college student heads to college planning to be on academic probation and possibly dismissal. But reality, it can happen to anyone. It happened to my classmates and I and I know each and every one of them did not want to receive that email. Academic probation is a warning that students get when their performance falls below the college or university’s requirement for good academic standing. When I received my email, I was shocked and did not know what I was going to do next. I have never had a GPA that low before and I was mentally and physically shocked to read that email on my computer screen. There are several reasons why I am on academic probation, and several things I am going to do to get off of academic probation. I am a transfer student from Ivy Tech Community College in Bloomington Indiana. My high school only had 400 kids in the whole school and when I moved to Ivy Tech there were only about 3,000 students. It wasn’t that big of a change because the class s izes were still the same size and I still had that 1 on 1 interaction with my professor. When I transferred from Ivy Tech to IU that’s when it really hit me hard and it really affected my school work. My class sizes were several hundred, I did not have that 1 on 1 interaction with my professors and I failed to interact in my classes because they were so large. I also took 4 hard classes and 1 easy class which when speaking to my advisor she had mentioned that I took to many hard classes and that I need to mixShow MoreRelatedCase Studies13817 Words   |  56 Pagesassignment? * Should she order the T-shirts from a fair trade company? * Should she assume the Chinese company doesnt treat its workers fairly? CASE STUDY #4 Trust during the Dot-com Boom By Jessica Silliman Reyna Allen had her pick of jobs upon graduation as a communication major from Santa Clara University. She and her friends were graduating at what seemed like the perfect time-at the height of the dot-com boom. But Reynas professors had warned her about possible problems in the rose-colored jobRead MoreFundamentals of Hrm263904 Words   |  1056 Pageskeeping good people is critical to the success of every organization. To look at HRM more specifically, we propose that it consists of four basic functions: (1) staffing, (2) training and development, (3) motivation, and (4) maintenance. In less academic terms, we might say that HRM is made up of four activities: (1) hiring people, (2) preparing them, (3) stimulating them, and (4) keeping them. Even the smallest entrepreneurial organization with one or two employees must recognize responsibility

Urban Agriculture in and Around Monrovia, Liberia

Urban Agriculture in and around Monrovia, Liberia Timothy Kortu Since the end of the war that raged from 1989 to 2003, Liberia has suffered from chronic food insecure and basic socio-economic infrastructure. Urban urban poverty, improve food security and enhance urban waste management in Monrovia and other Liberian cities. Recently the government acknowledging food security in the country. rity, due to the destruction of its agricultural sector agriculture provides a strategy to help reduce edged the importance of urban agriculture in Agriculture has always been the key to food security in both urban and rural areas of Liberia. Before the conflict, approximately 80 percent of the people of Liberia derived their†¦show more content†¦Rice and cassava are the main staple food crops in Liberia, and more than 60 percent of the rice consumed in Liberia is imported (WFP, 2008). But in and around Monrovia families are increasing their own food production as a way to provide their families with fresh and nutritious food, while a minority sells their produce on the market. Agriculture in Monrovia and other cities Many people, including IDPs, repatriates and rural families migrated to Monrovia In backyards and small plots on open spaces, families grow vegetables (sweet potato, cabbage, amaranth, okra, pepper, eggplant, cassava, or corn), and some fruit (mango, papaya) or medicinal plants. Some households have access to two plots: one near the house for the rainy season and one on the edge of nearby swamps for the dry season. These home-gardens and small plots are mostly cultivated by women. Urban agriculture is not new in Liberia. It was practiced for decades in Monrovia and other Liberian cities before the civil war broke out in 1989, but grew in importance during and after the conflict. Although many Monrovian citizens are now growing their own food and the government is positiveShow MoreRelatedThe Epidemic Of The Ebola Essay1497 Words   |  6 Pagesthe Ebola infection all through the West African nations of Guinea, Sierra Leone, Liberia and Nigeria. Notwithstanding the colossal and miserable loss of human life, the Ebola broad sickness is having sho cking and ruinous consequences for these West African economies in a mixed bag of greatly imperative parts/territories by ending exchange, harming cultivating and startling speculators. Capacity to move around confinements, exchange and transport: To end the spread of the infection, the nationsRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesRevisited David M. Scobey, Empire City: The Making and Meaning of the New York City Landscape Gerda Lerner, Fireweed: A Political Autobiography Allida M. Black, ed., Modern American Queer History Eric Sandweiss, St. Louis: The Evolution of an American Urban Landscape Sam Wineburg, Historical Thinking and Other Unnatural Acts: Charting the Future of Teaching the Past Sharon Hartman Strom, Political Woman: Florence Luscomb and the Legacy of Radical Reform Michael Adas, ed., Agricultural and Pastoral

I Was An International Traveler Or An Intercultural Trainer

If I was an international traveler or an intercultural trainer within my organization and I had to train a group of people going to India about the culture. I will first start off by saying I know you guys are not use to the enculturation of India. According to lecture enculturation means the process which your native culture is acquired. To explain it to my groups members very thoroughly I would say â€Å"I know you guys are not of custom or practice the India culture but you guys have to acculturation to the culture of India†. The word acculturation from lecture class means the process by which you learn and adapt to other cultures. That’s what exactly the group of people I’m training going to have to do. At first it’s going to be a major culture shock for the group of people I’m training because they know nothing about how to handle culture in India but, I’m pretty sure my group is going to acculturation to the culture of India. Within working with the culture shock graph I will make sure my group follows the five key points while moving through the culture shock graph. The five key points are quantity, quality, relation, and manner. It’s very important my group understands these five key concepts of maxim communication because India follows these key points very differently than we do in the states. For example, in India, people love to stare at each other. This is considered non-verbal communication according to speech class. Non-verbal means using gestures andShow MoreRelatedMcsweeney vs. Hofstede954 Words   |  4 PagesHofstede was born in 1928 in Netherlands. He obtained his Masters degree in Mechanical Engineering and a doctorate in Social Psychology. He is a professor Emeritus of Organizational Anthropology and International Management of the University of Maastricht in the Netherlands. Geert Hofstede is well known for providing a theoretical framework that attempts to analyze the relationsh ips between organizational actions and cultural beliefs. In 1965, he worked at IBM as a trainer in the international ExecutiveRead MoreBeyond Sophisticated Stereotyping10228 Words   |  41 Pagescontent downloaded from 155.33.240.146 on Mon, 5 Aug 2013 09:54:15 AM All use subject to JSTOR Terms and Conditions ? Academy of Management Executive, 2000, Vol. 14, No. 1 Beyond sophisticated stereotyping: Cultural sensemakingn i context Joyce S. Osland and Allan Bird Executive Overview Much of our cross-cultural training and research occurs within the framework of bipolar cultural dimensions. While this sophisticated stereotyping is helpful to a certain degree, it doesRead MoreAirborne Express 714476 Words   |  58 PagesOver 1. Today, international business people must think globally about production and sales opportunities. Many global managers will eventually find themselves living and working in cultures altogether different from their own. Many entrepreneurs will find themselves booking flights to places they had never heard of. What do you think companies can do now to prepare their managers for these new markets? What can entrepreneurs and small businesses with limited resources do? Answer—I think what theRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 PagesBusiness Review Finance Articles The Power of Management Capital Feigenbaum−Feigenbaum International Management, Sixth Edition Hodgetts−Luthans−Doh Contemporary Management, Fourth Edition Jones−George Driving Shareholder Value Morin−Jarrell Leadership, Fifth Edition Hughes−Ginnett−Curphy The Art of M A: Merger/Acquisitions/Buyout Guide, Third Edition Reed−Lajoux and others . . . This book was printed on recycled paper. Management http://www.mhhe.com/primis/online/ Copyright  ©2005Read MoreProject Mgmt296381 Words   |  1186 Pagesreport 4.5.1.4 Organization processes (.5) [4.5.3 4.6.3.2] 4.6.1 Administrative tasks (.3) [3.7.1, 12.4] 10.3.3.1 Lessons learned [8.3.3.4] 9.4.2.2 Individual performance appraisals Chapter 7 Managing Risk Chapter 15 Chapter 16 International Projects Oversight 11.1 Risk management process [F.8] 11.2 Identifying risks 11.3.2.2 Impact matrix 11.4 Risk assessment 11.5 Risk responses (.2–.1.2) 11.6 Risk register 7.1.2.5 PERT analysis 7.1.2.6.3 Contingency reserves 7.3.3.4 Change controlRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagestrademarks. Where those designations appear in this book, and the publisher was aware of a trademark claim, the designations have been printed in initial caps or all caps. Library of Congress Cataloging-in-Publication Data Robbins, Stephen P. Organizational behavior / Stephen P. Robbins, Timothy A. Judge. — 15th ed. p. cm. Includes indexes. ISBN-13: 978-0-13-283487-2 ISBN-10: 0-13-283487-1 1. Organizational behavior. I. Judge, Tim. II. Title. HD58.7.R62 2012 658.3—dc23 2011038674 10 9 8 7 6

Digital Fortress Chapter 25 Free Essays

Inside the Clinica de Salud Publica, visiting hours were over. The gymnasium lights had been turned out. Pierre Cloucharde was fast asleep. We will write a custom essay sample on Digital Fortress Chapter 25 or any similar topic only for you Order Now He did not see the figure hunched over him. The needle of a stolen syringe glinted in the dark. Then it disappeared into the IV tube just above Cloucharde’s wrist. The hypodermic contained 30 cc of cleaning fluid stolen from a janitor’s cart. With great force, a strong thumb rammed the plunger down and forced the bluish liquid into the old man’s veins. Cloucharde was awake only for a few seconds. He might have screamed in pain had a strong hand not been clamped across his mouth. He lay trapped on his cot, pinned beneath a seemingly immovable weight. He could feel the pocket of fire searing its way up his arm. There was an excruciating pain traveling through his armpit, his chest, and then, like a million shattering pieces of glass, it hit his brain. Cloucharde saw a brilliant flash of light†¦ and then nothing. The visitor released his grip and peered through the darkness at the name on the medical chart. Then he slipped silently out. On the street, the man in wire-rim glasses reached to a tiny device attached to his belt. The rectangular pack was about the size of a credit card. It was a prototype of the new Monocle computer. Developed by the U.S. Navy to help technicians record battery voltages in cramped quarters on submarines, the miniature computer packed a cellular modem and the newest advances in micro technology. Its visual monitor was a transparent liquid crystal display, mounted in the left lens of a pair of eyeglasses. The Monocle reflected a whole new age in personal computing; the user could now look through his data and still interact with the world around him. The Monocle’s real coup, though, was not its miniature display but rather its data entry system. A user entered information via tiny contacts fixed to his fingertips; touching the contacts together in sequence mimicked a shorthand similar to court stenography. The computer would then translate the shorthand into English. The killer pressed a tiny switch, and his glasses flickered to life. His hands inconspicuously at his sides, he began touching different fingertips together in rapid succession. A message appeared before his eyes. SUBJECT: P. CLOUCHARDE-TERMINATED He smiled. Transmitting notification of kills was part of his assignment. But including victim’s names†¦ that, to the man in the wire-rim glasses, was elegance. His fingers flashed again, and his cellular modem activated. MESSAGE SENT How to cite Digital Fortress Chapter 25, Essay examples

Activity of Financial management Samples †MyAssignmenthelp.com

Question: How Financial Management Fits Larger Managerial Framework? Answer: Overview Financial management is the most important activity for any organisation. The firms financial resources are concerned with planning, procuring and controlling. Integrated knowledge about business growth and plan Business growth comes in many structures and should be precisely arranged and custom-made to the concerned business. Business growth can mean numerous things including sales development, showcase extension and business value growth. This course had provided me learning of use of appropriate channels to advertise (the ways you get items to your clients) regarding key concentration of sales and business growth. Business Plan is essential guide to success and with this coursework I will be able to develop roadmap. Learning provided in this course assisted me in developing strategy for success to guide for the selected market. Effectiveness and understanding of managerial finance Business growth and survival is fully depended on effective financial-management. Business objectives can be achieved by monitoring financial resources which involves planning, organizing and controlling. Effective use of resources can be done if there is a good financial management, fulfilment of commitments, can gain competitive advantage and can prepare for long-term financial stability.Managerial finance will assist me in developing better business plans to ensure its clarity and feasibility. Further it will assist me in monitoring financial position. In addition to this; I will be able to keep accounting records up to date supported by tax and legal compliances. Ethical practice for financial management Ethics are principles in light of creating the best choice. An individual or business works with the help of these principles. I hold fast to and advocate the following standards and obligations governing my expert and moral conduct. To the best of my knowledge and capacity I will operate with trustworthiness and integrity. Further; strategic distance will be maintained to prevent genuine conflicts of concern among individual and practiced connections. The data I provide or consider will be viable, finished, and reliable and justified as per the concerned objective. Standards and directions are agreed by me of elected, state, universal, district and national governments, and other suitable private laws and codes. Effect positive social change within the organization Although, the fact that changes might be an inevitable piece of working together, it isn't generally embraced with open arms by representatives, chiefs or entrepreneurs. Changes in business can enable it to remain updated with industry patterns, which make the clients, attract towards and help in maintaining current clients. The ability of making changes in an organisation helps workers to get new opportunities. The effectiveness in work comes with changes, which can make for employees and more fulfilled clients. Worker mentalities and resolve are affected by positive philosophical changes in an organisation. Action Plan My goal is to attain the knowledge about the share markets and financial market. I have chosen this goal as in future I want to work infinance related job. So for that I should have complete knowledge about the financial market but I have not applied the same in a practice scenario. The goal is important for me as I lack the knowledge in this field and further my career depends on this. This knowledge will help me in understanding the share market as I would like to do job as a stock trader or broker in future. The work of stock trader is to advice and help people to deal in share market in different shares so I have to aware with the recent trends related to my business. For that I should have full knowledge about this field and in future I will apply it in my career field. This will help me to develop me professionally as well as personally. Another reason to choose this goal is that, nowadays a lot of scandals and malfunctioning are taking place in share market. If I will have proper knowledge about the market and leading misconducts, it will help me to stop future scandals to some extent. This will bring a positive change in the society. For this various resources are available from which I can gain knowledge, like from newspaper, attending seminars or by investing in shares itself. The two objectives for achieving goal are:- To gain practical knowledge by practically working in the market Develop my knowledge regarding shares and help in enhancing my career Both of these objectives are the grounds on which I will be able to attain my goal. Goal Objectives Target Proficiency Development Opportunities Timelines To gain complete knowledge about share and financial markets. To gain practical knowledge by practically working in the market Develop my knowledge regarding shares and help in enhancing my career Practical knowledge to implication of finance. To attend seminars related to financial market awareness and share market. To gain knowledge from newspapers and media or by investing in shares. Approximately 3-4 months Social Change Impact Liquidity could be attractive to financial specialists since it will be less demanding for a speculator to get his or her cash from the investment however, I leaned such lesson from the course and it will help me to take wise decisions for financial management. Including this, I learned how to calculate financial ratios for a company that I can apply to any business or a real entity to know about its financial feasibility (Fridson and Alvarez, 2011). Adding to this, I have learnt howfinance is an important part of any organization, particularly one looking for speculators. For example: in the monetary world, movement demonstrates how an organization is dealing with its benefits. I can specifically say that I know I can make best use of financial analysis, in respect to particular business and can contribute to a change. I can further analysis achievements, funds and patterns and can identify and misconducts held in financial part of business. During the course, I was aware that funds can be produced from abroad via two conspicuous sources of capital like as Foreign Direct Investment (FDI) and Foreign Institutional Investors (FII). This information will help me in future when I will start my own business, as I will consider various sources, where from I can get money. Proper investigation of usage of obtained funds is the activity of a money related trough I can manage finance more accurately. While working in a firm can take care of things as the financial knowledge gained from this course has helped me to know how I can manage my personal as well as corporate finance (Zeichnerand Liston, 2013). My knowledge of fund management will be helpful in assessing funds and contributing in the fund management of companies where I will probably work, in this manner I could bring social change. I can advise the firm or a person that regardless of whether their funds are ideally designated. To finish this task, I must rely upon financial knowledge that I have gained from the course, tactful and clever (Moon, 2013). I furthermore should understand the requests and necessity of the individual or the firm and should come up with some deliberately excused plan with the goal that the last one can appreciate ideally and all this I have learned through course that is helpful in bringing social change. References Fridson, M.S., Alvarez, F., (2011).Financial statement analysis: a practitioners guide. John Wiley amp; Sons. Moon, J.A., (2013).Reflection in learning and professional development: Theory and practice.Routledge. Zeichner, K.M., Liston, D.P., (2013).Reflective teaching: An introduction. Routledge.