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
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Apa sih opportunity cost? Untuk yang pernah belajar ekonomi pasti kenal baik dengan istilah ini‚ tapi buat yang lain‚ opportunity cost is : "...the cost of something in terms of an opportunity foregone (and the benefits that could be received from that opportunity)‚ or the most valuable foregone alternative." (Dictionary.LaborLawTalk.com) Kalau diterjemahkan adalah suatu biaya dari hilangnya suatu kesempatan dalam menggunakan sumber daya tertentu. Kalau kita melihat waktu sebagai sumber daya
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The Threats of Cyber Crime How Cyber Crime is the Most Dangerous Crime and how it Affects our Society Today The Threats of Cyber Crime In today’s society‚ where everything is done online‚ around the world governments and businesses are losing billions upon billions of dollars every day. People ranging anywhere from teenagers to adults make cyber-crime the most threatening crime‚ just googling the term “hacking” can create an instant hacker. In the past‚ the worst thing that could happen
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Richard September 19‚ 2005 The Threat of Anne Hutchinson Questions: What had Anne Hutchinson done? Why was Anne Hutchinson such a threat to the Massachusetts Bay colony? How was Anne Hutchinson’s trial an ordeal for her and how was it an ordeal for the community? Anne Hutchinson‚ for centuries now‚ has been seen as a woman who paved the way for religious freedom. She was a great leader in the cause for religious toleration in America and the advancement of women in society. Anne Hutchinson
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Image Ten [Opportunity Statue] In chapter ten of Habitudes‚ Dr. Tim Elmore talks about how we have to manage our time and manage the opportunities that come our way. We only have “86‚400 seconds each day to use or abuse.” Elmore talked about the statue called Opportunity. He has hair on the front of his face‚ but he is bald in the back. This illustrates how we have to grab the opportunities when they are coming at us because once they pass there is nothing left to grab on to. Elmore mentioned
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MySpace Opportunities Founders’ experience Chris DeWolfe and Tom Anderson were able to recognize the opportunity for MySpace due to their previous experience in the expanding Internet market. They both grasped a firm understanding of the Internet advertising market while working together for almost three years on projects that both failed and succeeded. After working at first for Xdrive‚ an Internet data-storage company that fell victim to the dot-com bubble burst‚ DeWolfe and Anderson learned a
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The Threat of Anne Hutchinson In Puritan led Massachusetts Bay Colony during the days of Anne Hutchinson was an intriguing place to have lived. It was designed ideally as a holy mission in the New World called the "city upon a hill‚" a mission to provide a prime example of how protestant lives should have subsisted of. A key ingredient to the success of the Puritan community was the cohesion of the community as a whole‚ which was created by a high level of conformity in the colony. Puritan
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America was formed by immigration. In history Americans fought for freedom in race such as the Civil War. The Civil War took place because all people didn’t believe in slavery‚ primarily the North disagreed. In America we have law that America no one can make you practice a religion and the government can’t make an official for the country. The American political system is built upon constitutional and representative government. The American political system is made up by our constitutionally right
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the US facilitate decision-making‚ or encourage deadlock‚ and the persistence of the status quo? In almost all developed democratic countries‚ such as UK‚ Japan or Germany‚ political parties are growingly closer and cooperative together‚ whereas the US is an exception. As David McKay (2013) claimed‚ the center of American political world‚ the capitol‚ has been continuously characterized by an increasing ideological polarization on a wide scope of non-economic issues ranging from foreign policy and the
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William Safire’s “The Threat of National ID” Comprehension 1. According to Safire most people are willing to give up their privacy “in return for greater safety. That’s why we gladly suffer the pat – downs and ‘wanding’ at airports”. Such precautions contribute to our peach of mind. He believes that law enforcement officials are already taking advantage of this situation. He says that Police are “unconcerned with the sanctity of an individual’s home” and developed “heat sensors to let them
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