Billion Dollar Company Summary Report The Author explains the concepts with his experiences at Indonesia. This helps in understanding his views clearly. The content is divided into three main parts mainly Business concepts‚ Business Model and Financial model. The 3 stages in a business life cycle are (a) Proof of concept where the revenue is 0-1 million dollars‚ (b) Commercialization where the revenue is 1-3 million dollars and (c) Scaling the business where the revenue is 3-10
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In 1834‚ Dred Scott‚ a slave‚ had been taken to Illinois‚ a free state‚ and then Wisconsin territory‚ where the Missouri Compromise of 1820 prohibited slavery. Scott lived in Wisconsin with his master‚ Dr. John Emerson‚ for several years before returning to Missouri‚ a slave state. In 1846‚ after Emerson died‚ Scott sued his master’s widow for his freedom on the grounds that he had lived as a resident of a free state and territory. He won his suit in a lower court‚ but the Missouri supreme court
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undoubtedly informed Plato’s ideas‚ but by the time Plato brings up the notion of a philosopher-king it’s thirty years after Socrates’ death and what the character Socrates says in the Republic is probably much more Plato than Socrates. This is also two hundred years after Confucius‚ so it may even be that the two are not quite so isolated from each other as they may seem. A couple interesting differences between the two become readily apparent. Plato thought that a true philosopher actually wouldn’t
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Summary of the Stanford Prison Experiment Nicole Bennett University of Winnipeg The Stanford Prison Experiment involved 24 male college students from North America who volunteered locally through advertisements in newspapers. The volunteers had to be living or staying in the Stanford area‚ totally healthy – psychologically‚ mentally‚ emotionally and physically – as well as willing to participate in the study for around 1-2 weeks. For their participation‚ volunteers would receive a $15 per day
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The video contained the results and analysations of a social experiment called the Stanford Prison Experiment. This experiment watched over 24 young‚ healthy‚ college men. They then flipped a coin to see which 12 would act as guards and which 12 would act as prisoners inside of a prison simulation. They acted out this simulation for 6 days before it was cut short due to the amount of cruelty that the men were experiencing. Originally it was to last 2 weeks but after a few had to drop out due to mental
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DIRECT MODE OF EXPORTING Choosing the best route to market entry is to strategically maximise sales and also understanding of market (customer).The direct mode of entry to the beinjing(china) market would be better because there are vast majority of agents ‚distributors and wholesalers in the Beijing market . Beijing ’s total population has topped 17.4 million‚ including just over 12 million official residents in the household register and 5.4 million in the floating population‚ said Zhang Yunli
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market entry strategy of exporting for SME’s v MNE’s? Use both academic and practical sources. You must include references to at least three business sources and at least three academic articles from academic journals. Introduction A number of companies has a huge successful in the domestic. Thus‚ these companies want to expand the new market in oversea. The company will make a strategy of entry the market involves the market analysis and company condition. The essay main discuss on entry the market
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In The Entry into Jerusalem‚ the biblical narrative of Zacheus displays the theme of equality in the ministry of Jesus Christ. The dramatists portray the socially-constructed hierarchies that reflect economic and physical stature as irrelevant to religious doctrine. Regardless of the characters’ social status in the Jewish community‚ Christ perceives all of the citizens as equal to their peers and inferior to the sovereignty of God. The dramatists characterize Zacheus as a citizen who is vulnerable
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“JOURNAL ENTRIES” a. JIL made initial cash investment. Cash XXX JIL‚ Capital XXX b. JIL made an additional investment‚ Equipment. Equipment XXX JIL‚ Capital XXX c. Purchased equipment on account. Equipment XXX Accounts Payable XXX d. Purchased equipment for cash. Equipment XXX Cash XXX e. Purchased supplies on account. Supplies XXX Accounts Payable XXX f. Purchased supplies for cash. Supplies XXX Cash XXX g. Rendered services on account. Accounts receivable XXX Service
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e EDouble entry - Income statement 1. Sales When sales are made‚ capital increases by the amount of profit made on the sale. 2. Expenses When ongoing costs‚ such as wages or rent are incurred‚ capital decreases. 3. Income and expense accounts Periodically‚ usually once a year‚ the figure of profit (income - minus expenses) is added to capital. During the year figures are accumulated in separate accounts for each item of income and expenditure. 4. Cost of sales At the end of the year‚ the
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