...with new and innovative ideas for startups. Saleem always had his intellect towards starting his own business and was never ready for a job. He wanted people to be working under him rather than him working under people. He came from a wealthy family as his father was the CEO of a bank, however there was no one in the family who had his own business. Saleem always had a natural inclination towards being his own boss and always wanted to walk on the road of entrepreneurship. The first attempt: His first business startup came in 1998 when he was only 20 years of age. The idea behind this was simple. The business was about e-currency to facilitate online transactions and make payments without the movement of physical cash, as the credit card culture had not become very wide spread as yet. The idea needed an initial investment of Rs 17m and he was able to find five investors who were ready to fund the project. With this he launched the e- rupee in India and the e- riyal in Saudi Arabia. Getting this much money was not difficult because at that time the dot com bubble was at its peak and such ideas were being welcomed in U.S especially in Silicon Valley where Saleem could get his initial investors from. However this first venture proved to be a big failure for Saleem. The entire money was wasted and the investors were extremely unhappy. There were major flaws in the business as they had no clear strategy or plan of action. The idea was good but the operational side of the...
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...Case Study 1: Is Second Life Ready For Business? By: Raven Tyler Q1: In the Business world Second Life can be valuable by using cost effective ways to engage in meetings within their corporation. The use of the virtual world allows for companies to have meetings with staff members who may be in another state or even a country. Within a business the main goal is to generate profits, so by having Second Life it minimizes traveling costs. According to the case study IBM is currently investing $10 million into Second Life because of the possibilities. IBM believes that they can not only use Second Life for meeting but also customer service, product development, and marketing. By using the three-dimensional world for these tools, IBM is able to interact with the user almost directly and is able to generate feedback. According to nbhorizons.com there are many companies that are currently invested in Second Life. Companies such as: BMW, Coca-Cola, Circuit City, Sony, Comcast, and many more. Q2: Businesses that would benefit from second life the most are the ones who would want to boost their brand recognition and would want to target a new market place. Since second life isn’t very popular and is far behind other social networks, businesses that invest in this virtual reality should already have some following and have generated popularity in other markets. They shouldn’t use this as a main outlet to grow it should be used as a tool to help increase business activity. Businesses that...
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...guidance, and influence from other people affect the decision of what major you want to take. However, even with the help and guidance of other people, there will still be obstacle that will come your way. You must ready to face it. First, knowing what your abilities are is important in choosing what you want to major. Before I decided to go into accounting, I was still so undecided. I change my decision from one major to another, and back and forth. I researched some well-known colleges and universities that offers good major, or sounds like a good major for me. Unlike for others, that it goes other way around. They decide what they want to major first; before they decide which school they would go. However, after some unsuccessful research for colleges and universities, I tried to give a little twist or more effort in doing research. I tried to research in specific areas, like accounting, business administration, business management, nursing, fine arts, and even culinary. After doing many researched about different majors, I do some reflection about what are my strengths, and weaknesses; what are the qualities that I have that are suitable in a particular major. For example, For instance, Baruch College is part of the CUNY system. However, Baruch in a business related college, unlike in Queens College, which also part of CUNY system...
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...Fifth Business Essay There are paths that many people can take throughout their lives. “Fifth Business”, a story written by Robertson Davies, focuses on one person, and that is the main character, which is Dunstan Ramsay. In the novel, he takes the path of the Canadian hero, which helps his personality/character change by doing the following: searching for little Madonna; going through the underworld; and leaving his old life behind to begin a new one, and to discover who he truly is. These are the different steps to be taken by the hero and Dunstan follows his path by completing each step. One way that Dunstan’s personality/character changes is by going on a search for little Madonna. His journey begins when he gets his call for adventure. The call for adventure lets the him know that his life is about to change. Dunstan’s call for adventure comes when he leaves for Europe for the second time to search for the little Madonna. The little Madonna was what called him to come back to Europe. “The little Madonna was a bee in my bonnet; I wanted to see her again, and quite unreasonably (like a man I knew who lost a treasured walking -stick in the London Blitz and still looks hopefully in every curiosity shop in case it might turn up) I kept hoping to find her” (pg. 123). Dunstan had to leave the life he was living in order to begin his journey. Even though he knew he might never find the little Madonna again, he had to keep looking. While searching for the little Madonna...
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...A Second Chance at Life Have you ever prayed for a second chance at life? Well I have been asking God every day for another chance to change my life. I have made many terrible decisions in my life and I’m still suffering from them today. A second chance at life allows you to learn from your mistakes and give you the opportunity to make a better decision the second time around. My mistakes and decisions didn’t discourage me from my goals but it made me a stronger woman. God has brought me through so many obstacles to open my eyes, but I do know he wouldn’t have put me through anything I couldn’t handle. I will like a second chance at life to do better in high school, do better my freshman year in college and stayed home with my parents until I was ready to leave. Before Hurricane Katrina, I would only care for academics. I was an “A” student and was placed in all gifted classes. During the hurricane, I was forced to attend any school available and I didn’t get alone with my teachers. At the time, I was a junior, the school’s counselor couldn’t find my records and I was placed back in the ninth grade until they found them. The hurricane discouraged me and I was no longer focused; furthermore, I gave up and became a follower. I began to careless about my grades and GPA. I was the class clown and I would pick fights for childish reasons. There were times when I wanted to drop out of high school and get a GED. I will like a second chance to at life to have...
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...Hardware Case Study Summary: Hefty Hardware has distinguished correspondence problems between their IT division and their business establishment. Associate investigation was performed and disclosed that Hefty Hardware had two center problems, the most issue distinguished was a distinction between the IT Department and also the business establishment. Two arrangements that were projected to overcome any hindrance between the two units were cluster building making ready and further hands. There complimented arrangement is to present cluster building making ready to each division on an individual basis which is able to allow them to perform as a gaggle to and construct their center business structure to boost however they do their employments, which is able to wipe out the need for additional hands. The second center issue that was distinguished was extremely discovered to be two-fold, there have been problems with correspondence between the IT workplace and also the Business division and also the place of business whined of the IT workplace taking too long to end a venture that disclosed a amount administration issue within the IT office. once the examination was finished it absolutely was recommended that the IT workplace and also the Business division expertise making ready for roaring correspondence. The compelling correspondence making ready can instruct the units to concentrate adequately and provides esteem and valuable input to their teams additionally on alternate...
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...“Monsanto’s Harvest of Fear” was the biotechnological patents of genetically modified seeds. This being the second topic covered shows that the author’s intended audience is expected to have prior knowledge of Monsanto and the issues surrounding the business. The focus is the disruption of the process of saving seeds from one season to the next, which had always been a practice until the patents were put into place. When a farmer purchases Monsanto’s Roundup Ready seeds, they have to agree not to save the seeds for the next season’s planting. “This radical departure from age-old practices has created turmoil in farm country” (pg 163). The article conveys that it goes against a farmer’s practical sensibilities to throw away perfectly good seed, and even if a particular farm does not choose to grow Monsanto seed, wind and birds carry the patented gene/seeds in from neighboring farms, opening them up to lawsuits that...
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...social networking site, was started in 2004. Today, Facebook has over 800 million clients. (Eldon, 2008) The First Marketing Opportunity : Sell advertisement space. This advertising chance is classified as low hanging fruit. The No. of clients on Facebook surpassed the 1 billion mark by August 2012. (Bradley, 2012) Facebook can show advertisement to correlated clients dependent upon their demographics and engages. Promoting on Facebook is more successful as associations can achieve their target clients. Risk: Many users may consider this as violation of privacy. Second Marketing Opportunity : Introduce paid membership This marketing opportunity is single. Facebook has this elevated no. of clients in light of the fact that Facebook offers unlimited aids. Association can limit access to certain offers (like film imparting, review others photograph and what not). The aforementioned characteristics might be made ready to paid clients just. Regardless of the possibility that association can change over 10% of unlimited clients to paid parts, it will have enormous money related suggestion. Hazard: Most of the people will move to other social networking sites who offer unlimited utilities. Thus,...
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...2011 K B Loumon TABLE OF CONTENTS Contents Abstract 3 Part 1: Porter’s Five-Force Analysis 4 Part 2: Developing an E-Business Strategy 5 Part 3: M-Coupon Systems in Mobile Marketing and Wireless 7 Telecommunication Network 7 Part 4: Second Life for Customer Relationship Management 10 Part 5: Outsourcing Systems Development 12 Conclusion 15 References 16 Abstract The Broadway Café opened in 1952 and is conveniently located downtown Silver Spring, Maryland. A hotspot for many years, it never ceased to attract the same clientele. Its menu is diverse and includes specialized coffees, teas, full service bakery, sandwiches, homemade soups and salads. But the business is declining because the Café never upgrade its business practices. Without a website and any computers in the store, ordering, inventory and payroll are done manually. The Cafe is currently very lackluster in its processes and could not stand out in today’s fast growing environment. In order to enhance our business operations, increase revenue and most importantly, keep the Café’s competitive advantage, we will look over the state of the business, define a new business strategy and implement a new IT system. Through Michael Porter’s Five Forces Model, we will analyze the environment of the industry in which the Café operates. We will develop an e-Business strategy that will determine the ideal blueprint for generating most revenue and allow the Café not only to benefit from the new technology...
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...day, I Yo with friends, without any more expectation or need than a Yo back." -- Investor of Yo John Borthwick As much as $10 million. That is the valuation investors have assigned to the new smartphone app. ere is how it success, from my personal perspective. Usefulness is the success metric of any technology rather than capabilities. Say, we need alert someone of something. A phone call might be too intrusive or unnecessary, a text message is not noticeable enough, an email may be even more ignorable. Fortunately, now we have Yo, that could help us fill this gap, fill those tiny moments that we don’t want it to be ignored but would rather not bother others by making a phone call. Technology is meant to simplify people’s life. By using this app, we can save lots of words by simply saying “Yo”. Under certain context, it’s not necessary to “make things so clear”, both the massage deliver and receiver knows what’s going on. Most communication app can do what Yo can do, but Yo really help to simplify our communication and make us realize how easy people can interact with each other. Nobody believes “Yo” can mean that much before this app. Now, The Yo team are hiring an Android engineer, and a back-end engineer, and has made its API available, with ideas for what other companies could do with the...
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...CIS 500: Information Systems for Decision Making Ryan Somma Strayer University Cyril Shepherd December 19, 2008 Cohesion Case Study for the Broadway Cafe 1 Table of Contents Abstract ........................................................................................................................... 3 Part 1: Porter’s Five-Force Analysis ................................................................................ 4 Part 2: Developing an E-Business Strategy ...................................................................... 7 Part 3: Telecommunications Considerations for M-Coupons............................................ 9 Part 4: Second Life for Customer Relationship Management ......................................... 12 Part 5: Aspects of Outsourcing Systems Development ................................................... 14 Conclusions ................................................................................................................... 16 Bibliography ................................................................................................................. 18 Part 1 ................................................................................................................. 18 Part 2 ................................................................................................................. 18 Part 3 ........................................................................................................
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...BUSI 472 27, November 2011 Top Ten Blunders in Business Etiquette There are numerous mistakes in business etiquette which have become second hand in today’s society. As Christians in business we must strive to do as Christ would have us to do. We should have a higher standard when it comes to having proper etiquette in business; in my research I will attempt to convey the top ten blunders of business etiquette. People may ask well what blunders are. Blunders are simply mistakes or things that should not be done. All businesses have a set of ethical codes of business; no matter how large or small the business, proper etiquette counts as well as manners. As a Christian in customer service it is my job to make sure that I deliver outstanding service to our clients, by exceeding their expectations. I have been on both sides as the consumer as well as the representative of the business and I have had all these common blunders occur in my work as well me being the customer. The first common blunder is No multitasking while talking; this is a very big issue in a business where you have to have face to face contact with a potential client; emailing, texting, or answer unimportant calls while doing business with someone face to face. Texting and emailing unless it its business related should not be done at all while working, this type of disasters can cause serious miss communication between both client and business. How often do you see a person harm themselves as...
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...Hello my name is John Smith and I will be telling you a little information about fossil fuels. Imagine this…You wake up one morning to get ready for work and you go over to flip on the lights and you realize there is no electricity. It’s okay you’ve probably got ready in the dark before. You go down to your car and remember you are almost out of gas because you were too tired to get it yesterday. It’s okay again you have time to hit Exxon for gas on the way to work. You get to Exxon and all the lights are out. There is a sign post up ahead “Out of gas for good”. Are you in the Twilight Zone? No…you’ve just entered a world without fossil fuels. I live in a rural community in northwest Texas surrounded by oil and gas production activity. I have relatives in the north who are surrounded by coalmines. I have relatives in many major cities where fossil fuels are used with reckless abandon. So I have personally seen how rigs move in quick and get gas for a couple years maybe less and then move again. Americans should be aware of the impact that the depletion of fossil fuels in the United States will have once they are completely gone because it may help knowing before your life as you know changes in seconds. Gasoline, diesel, oil and coal for vehicles, machinery and factories are being overused at an alarming rate. There will be no more gas, diesel, or oil to power vehicles and machines. The trip that coal is making is one way to power electric plants. The effect is these...
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...On 24 August 1910, ITC was corporated under the name Imperial Tobacco Company of India Limited. At 1970, when the Company's ownership progressively Indianised, the Company's name was changed from Imperial Tobacco Company of India Limited to India Tobacco Company Limited and in 1974 it turned to I.T.C Limited. In the recognisation of the company there was a wide range of business establishing in the market. The Company emphasis on the Fast Moving Consumer Goods which comprises of the Personal care products, Foods, Cigarettes and Cigars, Branded Apparel, Education and Stationery Products, Incense Sticks and Safety Matches, Paperboards & Specialty Papers, Packaging, Hotels , Agri-Business and Information Technology. ‘ITC’ is today no longer an acronym or an initialised form.It stands rechristened 'ITC Limited,' The first six decades of...
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...RELEVANCE TO THIS COURSE: “Know What Really Motivates You” is an article about motivation in the workplace. Overall, the article promotes how leaders can create motivational fit for employees. It describes how to promote a way for workers to advance in their current work and shows them whether they are excellent at what they do or not. MAIN IDEAS IN THIS ARTICLE 1. “Know What Really Motivates You” focuses on how to get employee going and how to find what motivates them. From this article, at least three areas of experience should be developed. The first area engages how to manage your professional goal. The second area consists of how to create a motivational fit. And the third area demonstrates how to choose a role model. 2. Managing your professional growth is through first identifying your personality type. This could be done with a tool named the “Myers-Briggs Type Indicator.” However, this tool is not accurate to the fact because it doesn’t predict your performance and even if it does, it wouldn’t tell you how to improve your performance. Promotion focus or prevention focus in the other hand can be accurate at predicting performance and how to improve it. 3. Creating a motivational fit is a way to help employees achieve their professional growth which in turn increases performance and job satisfaction. It also helps creating challenges for employees and help to attain specific goals. However, when this motivational fit is not in line with the employees’ goals...
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