Chapter 2 Sources of Innovation SYNOPSIS OF CHAPTER In this chapter consideration is given to the role of creativity as the underlying process for the generation of novel and useful ideas. Individual creativity is considered to a function of intellectual abilities‚ knowledge‚ thinking styles‚ personality traits‚ intrinsic motivation and environment. Firm creativity is more than the sum of member creativity. Firm creativity is also a function of the organizational structure and the strategic
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the body is required to perform beyond its normal range of capabilities. Stress is a common problem that affects almost all of us at some point in our lives. Learning to identify when you are under stress‚ what is stressing you‚ and different ways of coping with stress can greatly improve both your mental and physical well being. Stress is your body’s way of responding to any kind of demand. It can be caused by both good and bad experiences. When people feel stressed by something going on around them
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Examining a Business Failure: WorldCom WorldCom was one of several large companies that failed because of inadequate organizational leadership‚ fraud‚ conspiracy‚ falsifying documents‚ and embezzlement. WorldCom has been classified as being “one of the biggest corporate scandals in Unites States history” (Zekany‚ 2004‚ p. 101). In 2001‚ the company’s financial condition began to decline due to the slowing telecommunications industry‚ which eventually put pressure on the company’s executive
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5 Types of Financing BASIC CONCEPTS 1. Sources of Funds There are several sources of finance/funds available to any company. Some of the parameters that need to be considered while choosing a source of fund are: • • Tenure • Leverage planned by the company • Financial conditions prevalent in the economy • 2. Cost of source of fund Risk profile of both the company as well as the industry in which the company operates. Categories of Sources of Funds (i) Long
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Week 2 Sources of Finance 1) Introduction It was explained in week 1 that this week’s lectures will focus primarily on institutions that provide finance. Finance has been defined by Chadwick and Kirkby (1995‚ p 38) in their book Financial Management (first edition‚ publisher Routledge) as a “system of costs and risks”. As we will see throughout the course‚ the notion of risk from an investor’s point of view is related to whether there is the accrual of the financial returns that are anticipated
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Reconstruction was not a complete failure but a "radical & noble attempt" to bring equality to the black man. It took three options to bring about a decent change for the former slaves .To help fix the problem in 1865 congress created the Freedmen’s Bureau the first federal welfare system to provide food‚ clothing‚ confiscated land‚ and education. This idea was able to succeed in education; unfortunately it was ended in 1872. Soon after Lincoln’s assassination President Johnson was sworn into office
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FAILURE IS NOT AN OPTION FAILURE IS NOT AN OPTION - Gene Kranz‟s leadership in movie < Apollo 13> INTRODUCTION Apollo 13‚ the 1995 motion picture directed by Ron Howard‚ is the true story of Jim Lovell‚ Fred Haise‚ and Jack Swigert‚ a team of astronauts reassigned to a space flight with diminished preparation time. Apollo 13 Mission in 1970 was planning to land on the moon as a routine‚ but after astronauts found oxygen tank‟s explosion and leaking‚ this routine mission to the moon suddenly
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A Definition of Open Source Open source technology is defined as the production and development philosophy of allowing end users and developers to not only see the source code of software‚ but modify it as well. The Linux operating system is a one of the best-known examples of open source software technology. Pros and Cons of Open Source for Developers From a developer’s point of view‚ open source technologies provide a platform on which to build custom solutions. Rather than develop‚ say
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The term “heart failure” sounds as if the heart has already failed. This can increase a person’s anxiety especially in the aging population that is a targeted community for this disease assuming that the failure is equivalent to death. Heart failure is actually the decline in the hearts ability to sufficiently pump oxygenated blood to the rest of the body. Many people can live with heart failure and are able to manage it through lifestyle changes‚ prescribed medication compliance‚ and regular physician
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Common Knowledge in Academic Papers As you read in the WR last week‚ writers cite borrowed information by providing a signal phrase‚ page number if a printed source‚ url in case of a picture taken from the web‚ etc. One exception to this rule‚ however‚ is whenever the information is common knowledge. Common knowledge is a term applicable to any piece of information that is widely available in basic sources about the subject. In a paper about psychology‚ for instance‚ you wouldn’t need to cite
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