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
Premium Entrepreneurship Venture capital Entrepreneur
environmental and community focused alternative to mainstream‚ mass tourism. It adds a more active role to tourism‚ instead of simply visiting an exotic locale‚ and taking pictures‚ ecotourism provides individuals with the opportunity to make a difference. The often quoted definition of ecotourism is‚ "responsible travel to natural areas that conserved the environment and improves the well-being of local people." For people who participate in ecotourism‚ there are certain principles that should be followed
Premium Natural environment Ecology
A Definition of a Friend What is the definition of a friend? A friend is a person that knows‚ likes‚ and trusts. There are many people that have friends that they can count on for anything. Others have fair-weather friends that are there when they need something. There are countless definitions of what a friend could be. For instance‚ someone who has a close personal relationship of mutual affection and trust with another is another definition of a friend. One knows the true meaning of friendship
Premium Friendship Interpersonal relationship Love
Standing Nude with Hut Ernst Ludwig Kirchner Ernst Ludwig Kirchner’s painting “Standing Nude with Hut” (Nackte Frau mit Hut) represents a female figure standing alone without any clothes inside a room. Though she’s unclothed‚ she wears a black round hat‚ some pieces of jewelry and pointy red shoes. The black color used for the hat was also used for the pubic hair of the Woman‚ which emphasizes its rectangular shape. Geometrical forms painted in different tones of green‚ yellow and a vivid blue
Premium Nudity Expressionism Modern art
Education: Equal Opportunity? The U.S. Educational system has historically divided into two objective groups. The first objective focuses on increasing opportunity. The second objective focuses on stabilizing an unequal society. The objective of increasing opportunity has mainly emphasized on practition more than discussions of schooling. Thomas Jefferson implemented a plan in 1779‚ it promised the laboring class more opportunity to attend higher education. The point of the plan was to rake out
Premium Sociology Capitalism Economic system
Opportunity Analysis Report for new Chinese restaurant Prepare for ROBERTA QUERIN Prepared by Benli Lu Date: 16 April Executive summary Building a new venture is not just decided by the entrepreneur’s idea and passions. It needs to be assessed and screened because it can cause business failure if there is no sound analysis. This report aims to clear whether the idea of starting a Chinese restaurant in Coffs Harbour is
Premium Entrepreneurship American Chinese cuisine Restaurant
restaurant employee will answer “customer satisfaction.” When pressed to provide a specific definition and measurement‚ few can do so. There is an old maxim in management that says‚ “If you can’t measure it‚ you can’t manage it‚” and so it is with quality. If strategic management systems and the competitive advantage are to be based on quality‚ every member of the organization should be clear about this concept‚ definition‚ and measurement as it applies to his or her job. Harvard professor David Garvin summarized
Free Definition Extensional definition Philosophy of language
Marketing Report May 2013 Claire Della Marta Identify Marketing Opportunities ------------------------------------------------- Table of Contents Introduction Background SWOT Analysis Strengths Weaknesses Opportunities Threats BCG & GE Model BCG Model & Analysis GE Model & Analysis S.M.A.R.T Specific Measurable Achievable Time Frame Strategies & Tactics Strategy 1 Tactic 1 Tactic 2 Tactic 3 Strategy 2 Tactic 1
Premium Marketing Strategic management Risk
The regulations and legal frameworks in place in Korea have created problems for the Group as the Korean government recently halted plans for its Life Insurance division to go public due to legal concerns. With the large number of new products being designed and marketed each year‚ Samsung is also experiencing difficulties in safeguarding its intellectual property rights which are vital in retaining competitive edge. Opportunity Investment in Supply Chain In 2002 and 2003‚ Samsung has invested
Premium Marketing Chaebol 2012 Summer Olympics
Title: Executive Summary Investment Opportunities – Business Metrics Strategy: The intention of this report is to provide an overall definition for a business investment opportunity in the geographical region of Asia‚ in particular‚ Cambodia. The specified investment of choice should be a hotel within the mid-range segment and the operational approach should be aligned to establishing a franchise and management contracts for future expansion. Considerations: • Target Market should determine
Premium Investment