...Euro Disney: The First 100 days Lessons Learnt: There is the need to target a specific culture in countries where there are many. Trade agreements with countries are necessary, if possible, to facilitate smooth operations. The different culture of the country should be put in high consideration when expanding a company. Marketing Strategies: Involvement of the local people in the process of operating the park. Involvement of the government in terms of providing assistance through subsidies. Research and identify the target market to better tailor efforts to them. Provision of alcoholic beverages as an enticement to the French population. Global Management Challenges Risk Cultural Obstacles Different languages made it hard to reach out to larger customer base. Cultural difference as a result of the diversity made it harder to stay within politically correct bounds. Food and Music variety made it challenging to decide on what the best option for the country was. Global Issues Differences in the economy of both countries had an influence on pricing and cost. Relationship between the countries over the years had a positive impact. ZUCAMOR S.A: GLOBAL COMPETITION IN ARGENTINA Lessons Learnt: Both countries hold themselves in high regard in that they value their countries very much. Marketing Strategies: Provision of protection for local products and companies Also...
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...Table of Contents Page 1.0 Introduction ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 1 2.0 The Group Selection ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 1 3.0 SimVenture Simulation ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 2 4.0 Experience with SimVenture Simulation ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 2 5.1 First Simulation ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 2 5.2 Second Simulation ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 4 5.3 Third Simulation – WOW ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 4 5.0 Group Dynamics ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 5 6.0 Individual Learning and Growth Points ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 6 7.0 Conclusion ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 7 8.0 References ∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙∙ 7 1.0 Introduction The Entrepreneurship in Practice module is taught with the purpose to educate the potential...
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...BM3102 : FOUNDATION IN BUSINESS Coursework: Reflective Report Lecturer Name : | Mr. William Lok Wee Keong | Student Name : | Malani Simukoko | I.D. No. : | 00011762 | Major : | BBAIB | Week 1 On the first week of Foundation in Business, our lecturer has explained us about the course guide module in detail. The main objective of the module that I have learnt is to help student to gain an overview of the field that have chosen to involve in. Besides that, this course helps students to be able to develop essential knowledge and study skills that will help them to perform well as a tertiary. The module has helped me to understand the nature and functions of business organization, the external and the competitive environment of business and the common frame works of analyzing and evaluating impact of such on both business and industries. In my point of view, specifically, this module will introduce students to the nature, form and functions of business organizations. Examples from current business practice will be used to illustrate business concepts and theory. This module will form a preparation for students' degree studies within the Business School and aim to provide first year undergraduates with a structured learning environment in which consistent attendance and study is required. In addition, I have got to know the format of this course which it is depend to 100% course work...
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...The reflection paper for ‘Leadership Lessons from the Edge’ This lecture on Oct 23rd was given by Christopher P. Michel, an eminent alumnus of U of I, mainly focusing on leadership lessons he gained from a decade of entrepreneurship in Silicon Valley. Mr. Michel, also had a MBA degree in Harvard, is the founder of Affinity Lab and Military.com. He runs Nautilus Venture currently as well. He shared his experience about how to become a successful entrepreneur and leader in the lecture. The main purpose that the College of Business sponsored this opportunity is to help the students to better understand what leadership is and how it works. The leadership, as one of most important characteristics for businessmen, is essential for the future success of us, the students of college business. Doubtless, the lesson from Mr. Michel, an outstanding entrepreneur, will definitely enhance the growths of our leadership. In the lecture, he introduces his experience to keep his employees passionate through his leadership. He took responsibility to interview his employees and kept in touch with every one of them. As a result, Mr. Michel’s enterprise achieved massive success because the positivity and passion his employees engaged into work. From this part of experience of him, we should have got a sense of what is leadership and how to positively affect your employees by your leadership. Another purpose of sponsoring this lecture should be expecting business students to learn some life wisdom...
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...Learning Experience When I learnt English it was the language of Instruction of my School. I went to a school which had a big language block. We were taught 3 mores language besides English. English was given a big chunk in the block. Therefore, I would like to talk about my experiences of learning French. The methodology used was to a certain extent based on Grammar-Translation Method. We had to learn French grammar rigorously. There were two grammar periods. Every topic taught was followed by a lot of application exercises. Then, there were tests at the end of the unit. We had one big fat book in French which had lessons based on grammar topics. The teacher would first teach the grammar topic and then the lesson was read out. We had to copy the vocabulary list and memorise it. There used to be a lot of homework in French. We also did a lot of translation exercises in from English-French and vice-versa. Most of the French class was copying all what was done on the board. The teacher’ voice was the only voice we heard. Today, when I use a variety of activities in my language class, I feel all the speaking and fluency I developed in French is because of my own hard work. I don’t think what I learnt as a student helped me to speak or write French. I feel the method I was taught was not very student-friendly and had a lot of disadvantages: 1. There was no speaking taught. No role-plays, no pair activities or group activities. 2. Every lesson had a same pattern, i.e....
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...Performance Evaluation / Changes Made 8 Lessons Learned 9 Conclusion: Summary 9 Introduction: Summary During the Marketing Simulation Game, our team experienced many obstacles and had to work through them from beginning to end. Our turns appeared to be very scattered due to an communication obstacle, but we agreed we had to make a change in our entire strategy when we hit $3,970 in debt. Cohesively, we decided to change our target market, which led to promotional, pricing, product and placement changes as well. These alterations benefitted our team, since we began to bring in profit. Throughout this entire process, we learned many lessons and if we were to do this simulation over, both of us would approach our strategy differently. In this report, our overall result will be evaluated, the lessons we learnt along the way and how we applied marketing knowledge to our turns will be discussed, along with other factors that influenced our team along the way. Overall Result According to the leader board metric, we sold 310 units throughout the game, and earned a total of $15,220.06. Our changes benefitted our overall result, because in the end we ended up with the second highest amount of market share and highest units sold. However, our team has the lowest account balance. Our team made a big come back from when we were losing profit each week. Our overall result is positively reflected from the many obstacles we faced and lessons we learned about marketing along the way...
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...addition, we regularly organize Lim Kopi sessions with industry experts in Beijing. These sessions are intimate sharing sessions where YEAN students get to interact closely with and learn from industry experts. These experts range from professors to angel investors and YEAN has benefitted tremendously from these sessions, as these professionals have been most generous in sharing their experiences in entrepreneurship in China and their own life experiences as well. Industrial visits are also an integral part of YEAN’s calendar of activities. We tie up with various start-ups and business hubs to arrange for industrial visits. Refer to our blog and newsletter for more details. About Global Entrepreneurship Week 2011 (GEW 2011) On 14th – 20th November, more than 30,000 entrepreneurship-related events were held worldwide as part of the Global Entrepreneurship Week 2011, It is a global event aimed at creating an environment that allows entrepreneurial behavior to flourish. As part of GEW, YEAN organized GEW in Beijing as well as in Singapore, on the 18th of November. Agenda To allow aspiring student entrepreneurs, start-ups, businessmen and people interested in the Chinese market to gain first-hand experience from entrepreneurs who have...
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...August 2010) Essay Question: Why did the Asian Financial Crisis (AFC) take many by surprise? Explain the major contributing factors that caused the crisis (and their effects), and discuss the lessons that can be learned in relation to preventing and/or responding to future crises. The Asian Financial Crisis (AFC) of 1997 was a period of financial turmoil and volatility that spread across Asia. Prior to July 1997, most of the South East Asian currencies were tied to the US dollar. The crisis began primarily in Thailand when the Thai baht came under pressure that its value would not hold. The pressure on the Thai baht caused a widening of the Thailand’s Current Account Balance (CAD) and the using up of Thailand’s foreign reserves. This forced the Thai government to float its currency and lead to its devaluation. Real estate and real asset value began to fall and foreign investors began pulling out of South East Asia, triggering the financial crisis that would spread across Asia. The next section of this paper will attempt to answer questions of why the AFC was unanticipated by so many economists and experts. It will also attempt to address the major contributing factors that lead to the AFC and in turn its effects. Lastly this paper will conclude with the lessons that could be learnt from one of the most shocking currency crises of recent times. Upon careful reflection, many experts (Krugman 1998; Radelet & Sachs 1998; Stein 2004) have asked how such a crisis came as such...
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...What was Gideon known for? Gideon was known for his bravery and faithfulness. This was shown in many ways during the story of Judges in the book of the Bible. From reports worldwide, this news company has figured out that Gideon's army was actually outnumbered 5:1. Who was Gideon? Gideon was the son of Joash and was born around 1150 BC and ruled Israel for over 40 years. He was a Judge and a Military leader as well as a faithful follower of God and a prophet. He ruled Israel for 40 years and was a very successful leader of the faith. He is most well known for winning the battle with the Midianites. What was Gideon’s legacy? Gideon was remembered as a strong leader of the faith, The tough and brave Military leader of Israel, The wise prophet...
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... To complete the designated subjects that have been assigned to me from my cooperating teachers? To give the students the best knowledge that I have learnt from my experience in school, college and the business world? To engage students in the learning environment so that they are well equipped for their junior cert and leaving cert exam? This was the question posed to the naïve student teachers. What I wanted to achieve when I started teaching, and presently hold, are not so alien from each other, just now perhaps more realistic. Meeting the principal and teachers at their school for the first time was a great feeling. They made me feel so at ease as I met everyone. They also provided the course books and assigned the chapters, which I was to cover. I was definitely ‘bitten by the bug’! Focused, energized and excited I went back to college to start my lesson plans. According to Kyriacou, 2001, the effective teacher must have yielded a mass of material concerning the skills, which are displayed by an effective teacher. Teachers judged to be effective appear to have the following qualities; • ‘Establishing an orderly and attractive learning environment. • Concentrating on teaching and learning by maximizing learning time and maintaining an academic emphasis. • Delivering well-organised, well-structured lessons with clarity and purpose. • Conveying high expectations and providing intellectual challenge. • Monitoring progress and providing quick corrective feedback...
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...called "personal growth" almost, is about personal growth. And I still think this subject should be very boring, plus I think it is a waste of time on this subject, because only eight weeks of classroom, a full two had thousands of words of homework. Homework for me is not a big problem, but the most important reason is the day to hand in homework will be blocking my review of progress. Plus I have listened to some of the completion of this subject students said that this subject is a waste of time, which makes me more confuse for this subject. However, I found my misunderstanding on my mind for this subject, on the first day of class. This three-week class, I have learnt Occupational Wellness, Intellectual Wellness, these two issues so that I know better how to find my own goals and discover the how intellectual well of me. On occupational wellness, I began to focus my future work direction. I should have my interests and dreams as to continue to make efforts to be able to become work? Or follow the social requirements, mediocre and vulgar to do a job? I believe that students almost my age are also facing this problem. I grew to love music, and I have been studying the guitar at secondary school. High school, I formed the band with friends around performance. In this period, my state of mind wants to be my future work as a music creation. On the way I won the high and low tide, but I did not give up. However, my academic results year after year poor, even to F.5, dropped out...
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...most of the time in dealing room, we work as the Corporation. At first, we discussed and determined the suitable quotes as well as the questions which that we are going to tell another banks and corporations. After that, the tasks were divided clearly to each member in our group. Phuc Nguyen and And Do have the same tasks. Both of them have to make or pick up phone calls from another banks and corporations. They have to raise enough EUR and USD by selling GPB and kangaroo bonds. To achieve the group objective, they also need to make more than a hundred transations.. Beside that, Vinh Nguyen was tasked to observe the Bloomberg main screen if any changes and recording all the transactions which were made during the session. Lessons Learnt The most important thing that we learnt from the dealing room is understanding about the exchange rate as well as the market news on the Bloomberg main screen. Base on the exchange rate, we also learnt how to trade with another group by make or receive the phone calls. Because our group traded as Coportation ( price taker) , therefore we are unlikely to make profit. Our primary objective was just reducing the lost as much as we can. In addition, we were not good time management. Because we achieved the goal on the last minute. Therefore, we realized that it is very necessary to manage the time to achieve the goal as well as trading enough the transactions. Lastly, dealing session also help our group to learn how to fix the error transactions...
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...Sociology Sociology can be defined as the scientific study of human social institutions and relationships. It studies the origin of the human society, development of institutions and organizations. Sociology is one of the social sciences, which use varying methods of investigation and critical analysis in order to develop knowledge that is related to human social activities, functions, and structures. Most of the sociologists conduct research, which is applied to welfare and social policy. Other sociologists base their focus on the refinement of theoretical understanding of the social processes. There are various areas that sociology focus on. They include social class, social stratification, race, culture, gender, sexuality, religion law as well as mobility. As there has been the interaction of social structures and individual based relations, sociology has expanded to include other areas such as medical, military, health, the Internet, and the role of social activity in developing scientific based knowledge. Social researchers use various techniques, which include quantitative and qualitative ones (Giddens and Griffiths, 2006). Social Imagination Social imagination is a form of insight provided by sociology. It is the understanding of the fact that social outcomes are based on the social actions, actors, and social context. This is the understanding that there are some things in the society that lead to certain outcomes. Sociological imagination is considered as the ability...
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...learn anything from it. Insanity is repeating the same mistakes of the past and expecting a different outcome. But—— What if Orville and Wilbur Wright had paid attention to the history of attempts at flight? Would you be using the Internet if Gordon Moore had spent more time building a computer “the historically correct way” rather than designing the ridiculously tiny processor he developed? How many of you would prefer the good old days of medicine to what we have now? With all of the History majors the colleges crank out you would think that there wouldn’t be any more war, crime, or poverty if this were true. So it all depends on a person, his situations and the person on whom he/she trusts that whether history will repeat or not. Lessons we learn from history History is one subject in the galaxy of subjects that teaches its readers not only the subject, but also a lot of wisdom. Most people hold the view that history is just a list of events that have occurred and put only in...
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...told by the doctor that his life is coming to an end. Mitch considers it a privilege meeting someone who teaches about life and offers solutions to life challenges. As Morrie happens to meet with Mitch, his past student and friend, they plan to start meeting on Tuesdays and Mitch is to go to Morrie’s home. They get into the discussions for fourteen Tuesdays where they discuss life issues such family, death, marriage, love, money among others. Morrie dies and he is buried on a Tuesday. The discussions of each Tuesday are analyzed to reveal the deontology and utilitarianism of the two and their humanistic and social significances. Tuesdays with Morrie The book Tuesdays with Morrie: an old man, young man, and life’s greatest lesson was written by Mitch Albom in 1997. It is a non-fiction book talking about Mitch’s experience with an old man who was his college sociology professor, Morrie Schwartz. The book is a chronicle that talks about the author’s interaction with the professor as the professor was about to die. The author gives the reason as to why he wrote the book saying that in every person’s life there is a teacher. A person who tells one about the challenges of life and has solutions to the problems. Mitch had earlier on interacted with Morrie but when he graduated from the college they had to leave each with the writer promising to keep in touch something he failed to do (Albom, 2007). The Tuesdays with Morrie talks about the ideas about life they talked...
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