Why business fails The desire of almost every Nigerian is to start up a business that they can control and call their own‚ no matter how small. Nigerians have always had a knack for entrepreneurship and regard themselves as great entrepreneurs‚ whether or not that is true is another issue. But we have seen some businesses start with some great enthusiasm and drive and before you know it‚ Kaboom... many great products have disappeared from shelves and warehouses because the companies that produce
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Makeup of a business opportunity A business opportunity consists of four integrated elements all of which are to be present within the same timeframe (window of opportunity) and most often within the same domain or geographical location‚ before it can be claimed as a business opportunity. These four elements are: • A need • The means to fulfil the need • A method to apply the means to fulfil the need and; • A method to benefit With any one of the elements missing‚ a business opportunity
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Students attend college for the main purpose of receiving a degree and obtaining a job. If poor grammar is inhibiting students from getting a job after college‚ grammatical principles of writing should be more heavily emphasized within the college curriculum. But‚ do employers even care about the level of grammatical ability their applicants have? To find the answer to this question‚ it was important to consider how employers in the professional world feel about grammatical ability and how it varies
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Significance of report writing in Business Organizations need accurate‚ timely‚ objective and concise information to make effective decisions. One way they can obtain such information is from a business report. This document can be defined as “an organizedpresentation of information to a specific audience for the purpose of helping an organization achieve an objective” While business reports share similar characteristics‚ they also need to be customized for their particular purpose. An informal
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Social Business * Tahmid Md. Istiaq Arman Social Business was first defined by Nobel Peace Prize winner Prof. Muhammad Yunus‚ as a non-dividend company that is created to address and solve a social problem. In a social business‚ the investors/owners can gradually recoup the money invested‚ but cannot take any dividend beyond that point. The purpose of the investment is purely to achieve one or more social objectives through the operation of the
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reh en sive and th erefo re a d d i t io n a l r e a d i n g i s r e c o m m e n d e d f r o m d i v e r s e s o u r c e s ) Books Ethics and Mgmt by Hosmer Business Ethics by Shekher Business Ethics by Chakrobarthy (Oxford publication) Sy l la b us 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Evolution of thought of ethics in business Culture & ethics Overview of ethics value system‚ attitudes‚ beliefs and life patterns Social‚ economical values & responsibilities Trusteeship Management- Gandhian
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Business Ethics and Wealth Creation: Conceptual Clarifications and Research Questions Introduction Three considerations led me to the choice and investigation of this topic of business ethics and wealth creation. In his fascinating and powerful historical account “why some [nations] are so rich and some so poor‚” David Landes (1999) scrutinizes the winners and losers in the process of wealth creation over the last 50 years. On the winners’ side‚ in addition to “the thirty wonderful years from
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INTRODUCTION TO BUSINESS ASSIGNMENT 2/27/2013 SUBMITTED BY: THE RISING SUN 1ST SEMESTER‚ 1ST YEAR DEPARTMENT OF MANAGEMENT STUDIES UNIVERSITY OF BARISAL SUBMITTED TO: EASNIN ARA LECTURER OF MANAGEMENT STUDIES UNIVERSITY OF BARISAL BUSINESS Business come from the latin word “biznis”. Business means being busy at any work. When a man engaged in buying and selling products in order to earn profit. Business refers to an
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As the term suggests‚ business communication includes all communication that occurs in a business context. A knowledge of business communication presupposes an understanding of both businessand communication. That’s a lot of territory. Although courses in business communication have their roots in the “business English” and “business correspondence” courses common in the late nineteenth and early twentieth centuries‚ business communication has evolved over the years into a broad discipline providing
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Peter Drucker‚ in his paper What is “business ethics”? (1981)‚ makes the argument that ethics‚ as the “in” subject‚ is defined as “one set of rules of morality which governs individual behavior and that it applies to everyone alike”. The reason for the insistence on one set of rules is that‚ otherwise‚ only the powerful‚ the strong and the successful will gain exceptions. According to this paper‚ ’business ethics’ implies that acts that were done by an average person are not immoral or illegal
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