Planning 43 (2010) 291e307 http://www.elsevier.com/locate/lrp Business Models: Creating New Markets and Societal Wealth James D. Thompson and Ian C. MacMillan This thought piece proposes a framework for addressing the challenges of poverty and human suffering so widespread around the world. Based on the WSWP action research program‚ we suggest that visionary businesses can play a role in creating new business models that open up new markets‚ and simultaneously attend to societal wealth
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Case StudyWhat Can Businesses Learn From Text Mining?Text mining is the discovery of patterns and relationships from large sets of unstructured data – the kind of data we generate in e-mails‚ phone conversations‚ blog postings‚ online customer surveys‚ and tweets. The mobile digital platform has amplified the explosion in digital information‚ with hundreds of millions of people calling‚ texting‚ searching‚ “apping” (using applications)‚ buying goods and writing billions of e-mails on the go.Consumers
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Africa.” This saying is used to give the greedy or wasteful recipient some perspective. Perspective is the true understanding of the relative importance of things; a sense of proportion‚ according to Google. Perspective is a very underrated skill (MST). Being able to use perspective can help in a variety of situations‚ from social conflict‚ to self-pity‚ to world wars is a very useful skill. Not only is it humbling‚ it can also be used as a tool for being empathetic. When a person is in a troubling
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Current Ethical Issues in Business November 22‚ 2010 PHL/323: Mr. Michael Smith Current Ethical Issues in Business Ethics plays an important role in the function of a business. The overall standards of a company often determine the conscious effort and importance of ethical standards. There are various reasons for business ethics that go beyond the invisible line set by most business standards. Competition‚ security‚ and safety become compromised by carelessness‚ neglect‚ and ethic violations
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APPROACH OF THREE MODELS OF BUSINESS ANALYSIS IN INTERNATIONAL BUSINESS THROUGH THE STRTEGIC ANALYSIS OF STARBUCKS‚ UNITED PARCEL SERVICE Inc. (UPS)‚ FEDERAL EXPRESS (FedEx) Abstract Purpose – The aim of this paper is to provide a critique on the models of business analysis by considering two companies as examples‚ with the objective of understanding their key success factors and future opportunities. Design/Methodology/Approach – Applying the SWOT‚ PESTEL and Porter models of strategic framework
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Introduction This essay will begin by arguing that the responsibility to protect concept (hereafter R2P) is political in nature‚ not legal. The is mainly due to the lack of legal liability for the main body responsible for carrying out the duties of R2P‚ the Security Council‚ if it fails in those duties. Furthermore‚ the Security Council is not subject judicial review of actions that it does take. Critics of the concept argue that it can be used as a legitimate justification for states with imperialist
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Current Trends in Business Communication Current Communication Trends in Business Technology advancements over the recent years have made communication possible in different ways. Communication in the business world today can range anywhere from e-mails‚ personal digital assistants‚ text messaging‚ instant messaging‚ and through the use of web-cams‚ just to name a few. These different communication tools allow employees to communicate both internally and externally in a timely and more efficient
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where to go as traveling can be exciting and overwhelming at the same time. The decision making process of traveling is not something that can be done as quickly as possible‚ without making well-informed decisions‚ consulting family and friends or any significant others‚ in choosing from a wide range of options. Today‚ people make this decision with the help of online travel agencies. As Kayak.com introduces itself‚ “the world’s largest travel search engine‚ displays results from 404 travel sites‚ providing
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Current Ethical Issue in Business Angela Fraley‚ Jill LaLonde‚ Susan Kunz‚ Klay Gardiner PHL 323 Aubrey Weekes October 17‚ 2011 Current Ethical Issue in Business Several factors account for the changes in the way business is conducted today. Factors such as increased global competition‚ economic conditions‚ technology‚ electronic commerce‚ workforce diversity‚ and ethics have played a significant role in how business is conducted. How a company conducts itself as a business and a corporate
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LEADERSHIP FROM AN ISLAMIC PERSPECTIVE By LOKMAN EFFENDI RAMLI Page 1 of 27 1.0 INTRODUCTION Allah (s.w.t.)1 has created mankind with noble objective that people would lead their live in peace and harmony following the system of belief of his revelations sent down through Prophets from time to time since very beginning of the society in this world. On top of that‚ Allah (s.w.t) said in Al Qu’ran the responsible of humankind is to worship to him. “I have only created jinns and men
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