CASE: E-323 DATE: 11/18/08 IDENTIFYING VENTURE OPPORTUNITIES I never perfected an invention that I did not think about in terms of the service it might give others... I find out what the world needs‚ then I proceed to invent. —Thomas Edison INTRODUCTION One of the biggest questions on every hopeful entrepreneur’s mind is‚ ―how do I come up with a compelling idea for a new venture?‖ While there is no right or wrong answer to this question‚ there are several things to be aware of and thinking
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The HBR article‚ “Rethinking Political Correctness” by Ely‚ R.‚ Meyerson‚ D.‚ & Davidson M.‚ explores what can be the downside of increased sensitivity to race‚ religion‚ or gender in the workplace. In the class text‚ Bell spells out that “Overt demonstrations of intentional discrimination are considerably less likely in the twenty-first century than they have been in the past” (2012 p. 53). While this should be considered meaningful progress by our society likely helped by laws and regulations‚
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Introduction of a New Venture Creation Our aim- to engage with SimVenture; a business simulation that allowed us to build and sell computers through our virtual company named ‘Genesis’. The formation and running of our virtual company integrated us with new venture creation and about being an entrepreneur. It reinforced concepts previously presented in our course lectures and engaged us in a competitive and volatile business environment. SimVenture ran for three virtual years with five members
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At both the strategic and operational levels‚ all planning must demonstrate this balance by passing litmus tests for feasibility‚ acceptability‚ and suitability. Feasibility‚ the focus of this essay‚ is defined as‚ “the joint operation plan review criterion for assessing whether the assigned mission can be accomplished using available resources within the time contemplated by the plan.” Feasibility‚ as a test of means‚ is primarily the province of the military. The onus is on the military to
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“Book of Eli” Paper The film The Book of Eli directed by the Hughes brothers is a cinematic display of dystopian genius. Many dystopian films critique government involvement‚ privacy issues‚ and ethical concerns. However in The Book of Eli‚ the Hughes brothers take a jump to a different part of modern society: religion. Numerous religions are practiced in society as they are protected under the first amendment. The written word can be interpreted many different ways whether it is for good or
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In his article “Rethinking Integrity” Stratford Sherman discusses eight steps toward Integrity that Dalman can follow to ensure his actions in this situation are ethical and responsible. Some of the steps can apply in this situation and Dalman will need to make some important decisions. The first step is Doing what we say we will do‚ or keeping promises (Sherman 2003). This means staying true to the integrity and high standards of Sandwich Blitz and showing leadership by making ethical decisions
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Venture Concepts Paper Krashanti Wyatt FIN/375- Financial Management in the Small Business 10/01/2012 Dr. Betty Ahmed Venture Concepts Paper Introduction The conceptual venture that I am going to start when I get all the resources that I need is Wyatt’s Liquor and Tobacco Store. At my store‚ customers will be able to purchase varieties of liquor‚ beer‚ wine‚ and tobacco products. The Wyatt’s Liquor and Tobacco Store will be the cheapest store around that customers will be able to purchase
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BUSINESS DESCRIPTION INTRODUCTION ORGANIZATIONAL FORM MARKETING MANAGEMENT ACCOUNTING RISKS FINANCIALS BUSINESS DESCRIPTION Ventures‚ a nonalcohol nightclub‚ will cater to the 15- to 20-year-old age group. Ventures will be 7‚000-8‚000 square feet‚ accommodating around 650-700 people. INTRODUCTION During the past ten years‚ a new concept has been blazing the trails. Nonalcohol nightclubs have been popping up throughout the United States‚ as well as in other parts of the world. The majority
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Funding a Business Venture Continuing with the scenario from Unit 1‚ you now need to make a management decision about how to fund your business. You have several options. You can borrow money‚ sell stock‚ or license the technology. Chose the type of funding which you prefer. Then‚ write a 2–3 page paper that reflects your decision-making analysis. In this paper‚ be sure to include the following: Using your own words (no quotations)‚ write a series of short paragraphs describing the meaning
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VII of the Civil Rights Act of 1964 when the unequal pay is received during the statutory limitations period of 180 days‚ but the pay is the consequence of the discriminatory salary decisions that occurred before the limitations period? Facts: Lilly Ledbetter was one of the very few female supervisors at the Goodyear Tire & Rubber Co. plant in Gadsden‚ Alabama‚ and she worked at that plant for nineteen years‚ from 1979 till her retirement in 1998. Initially‚ when she started working for the company
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