the world by storm when he talked about a new capitalist development theory in his book- ‘Building Social Business: The New Kind of Capitalism That Serves Humanity ’s Most Pressing Needs’. It originally picked massive traction because of Prof Yunus’ massively impressive reputation as the Godfather of Microfinance. In this book he outlines a model of business that builds from his experience creating the Grameen Foundation and a series of related ventures. The striking point of his described work is
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According to Parker J. Palmer‚ in the book‚ To Know as We Are Known‚ the Weldon school in the movie Dead Poet’s Society‚ taught the students to rely on their minds and not their hearts. (Palmer‚ 5) The chancellor has the “light of knowledge” and he hands it down to the students. This depicts a hierarchical understanding of school leadership as authority figures with all the power and students as followers with no power. True to the setting of the move‚ 1959‚ this is a school of Caucasian boys
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The Wish Image and the Romantic/Capitalist Artist As I noted in Chap.ter 3Two‚ the conflict between technology and artist is a capitalist conflict‚ and accordingly will not be satisfactorily resolved except outside of capitalism‚ through substantial social reorganization. But what can Gaddis’s discussion of the outmoded player piano finally tell us about the relationship between new music technologies and musicians? Agapē Agape suggests that we should not ignore or underestimate the extent to which
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The Palmer Drought Severity Index (PDSI) is a popular meteorological drought index that is commonly used in the U.S. along with the Palmer Hydrological Drought Index (PHDI) and the Palmer Moisture Anomaly Index (Z-index). Using precipitation and air temperature as inputs‚ the Palmer indices estimate moisture supply and demand within a simple two-layered soil moisture model. The PDSI has some
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How the central problems are solved in a capitalist economy? A capitalist economy has no central planning authority to decide as to what‚ how and for whom to produce and in the absence of any central authority; it looks like a miracle as to how such an economy functions. There can be confusion and chaos in the country when the producers choose to produce cloth and workers choose to work for the furniture industry‚ while the consumers are in need of cars. In order to solve the central problems
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Welcome Course - Innovation and New Business Ventures Dr R.K. Sharma MsM Adjunct Faculty Presenter - RK Sharma Course Elements Class Lecture and Interactions Case Studies Informal Discussions Independent Reading Student Presentations/ Assignment Exam (Closed Book/ Closed Handout/ Open Mind) Recommended Books : (depending upon availability) Essentials of Entrepreneurship & Small Business Management‚ Norman Scarborough Essentials of Entrepreneurship & Small Business Management
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What Is A Joint Venture Joint venture is a collaboration of two or more businesses to undertake a common economic activity. A joint venture then is a partnership‚ a contract between to parties‚ or a corporation. However‚ the difference between business partnership and a joint venture is that a former may be established before a company is formed while the latter is a collaboration of 2 or more existing entities forming a tie. It must be cleared though that a joint venture is still a partnership
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General Electric’s Joint Ventures General Electric (GE) formerly entered a foreign market by either acquiring an established firm or establishing a greenfield subsidiary (which is a wholly owned from ground up turnkey project). Joint ventures with a local company were almost never considered. The prevailing philosophy was that without full control‚ the company didn’t do the deal. However‚ times have changed. Since the early 2000s joint ventures have become one of the most powerful strategic tools
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A joint venture is a contractual agreement joining together two or more businesses in which each agrees to share profit‚ loss‚ and control in a specific enterprise. While a joint venture might seem similar to a partnership‚ there is one key difference that sets them apart. Members of a partnership have joined together to run a “business in common‚” while members of a joint venture have joined together for a particular purpose or project (Ward 1). The joint venture in our case is between Hangzhou
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New Venture Development and Management Ajay Bam Case Study I. Introduction Vayusa Company is a high-potential business which provides payment method through mobile phone. Inventor is Ajay Bam who earned an MBA degree in Entrepreneurship. I will use SWOT‚ PEST‚ Porter’s Five Forces analysis and Timmons’s quick screen in order to analyse Ajay’s business plan. II. Body Question 1: What is the opportunity presented in the case and what conditions (environment‚ industry‚ market)
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