What Is Opportunity Recognition? Opportunity recognition is a process used by entrepreneurs. * Opportunity recognition‚ a theory based on entrepreneurship‚ suggests that people use a specific cognitive process to recognize the potential in a new business opportunity. The idea is based on considering past experiences‚ risks and market trends to recognize the potential in and make a decision about a business venture. There are many different theoretical models of opportunity recognition process
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Case Study: Westover Electrical‚ Inc. Westover Electrical‚ Inc.‚ is a medium-size Houston manufacturer of wire windings used in making electric motors. Joe Wilson‚ VP operations‚ has experienced an increasing problem with rejected product found during the manufacturing operation. "I’m not sure where to begin‚" admitted Joe at the weekly meeting with his boss. "Rejects in the Winding Department have been killing us the past two months. Nobody in operations has any idea why. I have just brought in
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O PY Parfums Cacharel de L’Oréal 1997-2007: D O N O T C Decoding and Revitalizing a Classic Brand 03/2014-4929 This case was written by Nicholas Rowell‚ Research Associate‚ under the supervision of Pierre Chandon‚ Associate Professor of Marketing‚ and Klaus Wertenbroch‚ Professor of Marketing‚ both at INSEAD. It is intended to be used as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation
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Map World Forum Hyderabad‚ India RAILWAY DISASTER PREVENTION SYSTEM USING GIS and GPS Varun Prakash* and Sonali kumari* Email id: vpdreams2002@yahoo.co.in‚ sonali_1z@yahoo.co.in INTRODUCTION Railway industry has a valuable role in economic development of each country . India ’s massive rail network is hit by an average of 300 accidents a year. Accident management in railway decision making has to consider the following two issues to avoid or mitigate the damages: (i) accident prevention
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He worked as a project engineer for the last 14 years but was given the opportunity to become a project manager from his boss Henry Larsen. The project name was Orion Shield which Gary’s boss was very excited about‚ as he believed the project would “take him to the top”. Gary soon would find out that even though he was a very good engineer‚ he was a horrible project manager almost costing the success of the project and the company as a whole. Gary could have avoided this by improving his communication
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Read the following two case studies and answer the questions that follow: Case Study 1: 25 Marks Charisma Corporation (CC) has recently embarked on a new kind of training. The corporation is teaching many of its employees—especially those in marketing and sales—to make decisions on the basis of non-verbal communication cues. For Malini Varma‚ Vice President of CC‚ focusing on non-verbal communication has become an important part of her inter-personal dealings. Several years ago‚ Varma
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1.0 Overview of the case study Background of the Study Sweeney Tours is a holiday tour operator offering package holidays to a number of resorts in the Mediterranean. The holidays fly from a number of airports in the UK and have a fairly complicated pricing Structure. There is a great deal of information in the brochures that Sweeney Tours produce along with an Accompanying price guide. Some of the information is on computer but this is somewhat cumbersome as it is in separate systems that are
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CASE STUDIES 1. Jason Jason is a 38-year-old factory worker who came into the treatment center after being arrested for drinking and driving (DUI/DWI). His attorney has suggested that he quit drinking and enter treatment at least until his trial‚ which is scheduled in two months. Jason does not anticipate serving jail time‚ but he believes that treatment could strengthen his legal case. After his first arrest for DUI two years ago‚ he simply paid a fine and attended a special driver’s education
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Case Study: Dubai Sports Complex Project Sheikh Hamdan Bin Mohammed bin Rashid Sports Complex (Dubai Sports Complex) Main Contractor : Saudi Bin Laden Client : Dubai Municipality Products Supplied Material: 1. Porcelain tiles (10x10) 2. Unicroma Series (60x60) 3. Technocroma Series (60x120) Estimated tiles quantity : 12‚000 sq.m. Estimated project value : $300 million Completion date : 2010 Background Sheikh Hamdan Bin Mohammed bin Rashid
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of environmental factors on international projects. The ethical dilemma about the above mentioned topic is about to motivate or force the employees and worker to work and perform their responsibilities in the inclement weather. If we look at the case study of module 6 about the Franklin Equipment‚ Ltd and its prospect project in the Abu-Zhabi‚ it is the country that is located in the dessert region; therefore‚ the unbearable extraordinary temperature will be key and utmost barrier to meet the project
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