Marketing & Entrepreneurship What makes entrepreneurs successful Is it Essay

selling & Entrepreneurship What makes entrepreneurs masteryful Is it skill or peck - Essay ExampleIn this paper, the researcher will intent example of Sir Alan Sugar who is not only the founder of consumer electronics giant Amstrad plainly also the example for entrepreneurs crosswise the world. Sir Alan Sugar established the company at the age of 21 when majority of his classmates were learning in the colleges in order to get job. Before retiring from the organization, Sir Alan Sugar transformed Amstrad from start up venture into electronics giant which is synonymous with innovation, value for money offering and customer loyalty. Was Sir Alan Sugar a magician who is blessed with edit amount of luck or Sir Alan Sugar was a hardworking individual who used skill and knowledge to build the Amstrad Empire? At this point, the essay is not mature enough to answer the question but it is expected that at the end of this essay, the answer will be revealed. One has to understand theoret ical underpinning of entrepreneurship out front answering the above question whether luck is important or not in making an entrepreneur favored. Hence, in the next section, the researcher will try to figure out pertinent variables that affect the success of an entrepreneur.Modern research scholars such as Coulter (2001) and Kirby (2004) defined entrepreneurship as the process with which a detail individual or set of individuals try to work out their objectives by creating value for people in the society. Nixon (2004) and van Praag and Cramer (2001) argued that it is not necessary for entrepreneurs to create value for society rather it is much important for an individual to fulfil existing needs through innovation and unique offer in order to classify as entrepreneur. It is understandable, why management scholars tried to identify the role of luck for an entrepreneur, because giving importance on luck factor will probably disregard the importance of management skill in developi ng a successful enterprise. Research scholars such as Kaplan and Schoar (2005) and Hochberg, Ljungqvist, and Lu (2006) nullified the importance of luck in circumstances an entrepreneur to become successful. These research scholars have given examples of successful enterprises that are funded by more see venture capitalists in comparison to enterprises that failed due to inexperience of venture capitalists. Hochberg, Ljungqvist, and Lu (2006) strongly argued that a more experienced and skilled entrepreneur has more probability to succeed in comparison to a tiro entrepreneur. Eesley and Roberts (2006) raised question over role of luck in service of process an entrepreneur to succeed in a competitive environment. According to them, people often mistakenly identify the skill, experience and strategic erudition of the entrepreneurs as the sheer amount of luck. Eesley and Roberts (2006a and 2006b) amusingly pointed out that there is no such thing as luck for an entrepreneur because a n entrepreneur can move ahead in business by taste the market need and fulfilling the need of customers by offering them value. Research scholars such as Eesley and Roberts (2006a) and Kaplan and Stromberg (2003) found that successful entrepreneurs are those who do not stop establishing new enterprises after failure in the previous start-ups. It is unornamented from the research works of previous research scholars that luck plays very little role in helping an entrepreneur to establish successful enterprises. In such context, Chatterji (2005) showed that experience in working in a particular

Why is there a higher prevalence of lupus SLE found among females of Literature review

Why is there a mettlesomeer prevalence of lupus SLE found among females of Afro Carribbean origins - Literature review ExampleThese hormonal imbalances have the capability of changing the genetic makeup of an individual, resulting to the development of Lupus SLE. However, it is distinguished to pardon that genetics alone is not the fixings responsible for the development of Lupus SLE amongst women. Another important factor is the environment. The environment plays a role in the development of Lupus SLE because of the ultra violet rays of the sun.Research indicates that women, who ar heavily exposed to the ultra violet rays of the sun, are always open to developing Lupus SLE. In scathe of ethnicity, Lupus is more common in people of African descent. One of the major reasons advanced, is because of the high rates of want amongst these people, making them to be unable to afford medical treatments in regard to the type of contraceptives to use. In as much as this is information that has been given, this fact is disputed, because hormonal changes are not the only factors responsible for the high rate of Lupus amongst women. This paper is a critical analysis of the ethnic and sex differences in the epidemiology and clinical dustup of lupus.This paper will analyze the ethnic and sex differences in the clinical and epidemiology course of Lupus. In brush the objective of this paper, there will be a rent of understanding the genetic predisposition of Lupus. This is important in helping us to understand why women and people of African origin are vulnerable to an attack by Lupus. Furthermore, for purposes of understanding this disease, and its epidemiological and clinical cause, there will be a need of identifying its causes. These are well explained in this paper. This paper would also identify and explain the neuropsychiatric consequences of lupus, and an example is the Lupus fog. It would get ahead explain the epidemiology of this disease, and this is in re lation to

Employment prospects beyond the year 2010 Term Paper

Employment prospects beyond the year 2010 - Term Paper ExampleThe wide extent of indemnity actions applied by different governments during the beginning of the inlet has helped stabilize financial markets and advance faster recovery, yet there are save structural problems that should be conquered, and this happens to be the more challenging aspect of addressing general causes of the recession (United Nations, 2011, p.1). For instance, even when the banking sector made some progress in disposing some problematic assets, it is still susceptible to multiple risks. Those risks can further depreciate real estate markets, distress sovereign debt markets, and honor low credit growth (United Nations, 2011, p.1). Many developing countries and economies in transition, however, are demonstrating more positive signs of growth, since the thirdly quarter of 2009 (United Nations, 2011, p.1). A strong economic rebound has been posted by emerging economies in Asia and Latin America, chiefly C hina, India and Brazil (United Nations, 2011, p.1). These countries mostly used policy buffers, such as sufficient fiscal aloofness and foreign-exchange reserves, to generate aggressive stimulus packages (United Nations, 2011, p.1). ... Constant high levels of un usance, with rising numbers of workers who lacked jobs for protracted periods, are prop back private consumption demand (United Nations, 2011, p.1). They also contribute to escalating housing foreclosures, which are adding to the frailty of the financial system (United Nations, 2011, p.1). High unemployment and underemployment also harm public finances too (United Nations, 2011, p.1). This paper will research the employment prospects beyond 2010 for the United States, Europe, and Asia. Employment Prospects The financial fragility of global economic conditions has affected paying(a) employment growth and the latter stands for the weakest link in the recovery (United Nations, 2011, p.10). From 2007 to the end of 2009, arou nd 30 one million million lost their jobs due to the global financial crisis (United Nations, 2011, p.10). This figure is said to even underestimate the entire zeal of the job crisis, since it relies on official labor statistics, which for numerous developing countries, only make up the pro forma sector employment in urban areas, and so it indicates that there is unrecorded unemployed found in low-productivity and unofficial rural economic activities (United Nations, 2011, p.10). The economic output, especially for developed countries, remain below expected rates, and decrease economic growth did not provide enough jobs to hire back all those who lost their jobs since the recession took place (United Nations, 2011, p.10). Furthermore, governments that continue to follow fiscal tightening, which comprises of tax hikes and spending cuts, only depreciate possibilities of greater employment growth rates (United Nations, 2011, p.10). Some developed economies,

Corporate Fundraising Essay Example | Topics and Well Written Essays - 1750 words - 2

Corporate Fundraising - Essay ExampleAs can be observed with reference to the case scenario presented, The Green Coffee Comp both Ltd is aiming at investing in Vietnam which requires a substantial amount of funds. It is worth mentioning in this context that corporate fundraising options available to a particular business depends on various factors including the size of the bon ton which further signifies its certification as a popular or a proprietary participation as per the Corporations Act 2001 (Cth) (A Practitioners Guide to Corporate integrity, 2007). To be noted, as per the Corporations Act 2001 (Cth) Section 45A, a proprietary keep company can be limited or unlimited with share capital. Another type of company identifies as per the Corporations Act 2001 (Cth) is the public company wherein the Section 195 of the Act specifies that public company means a company other than a proprietary company (Corporations Act 2001 2005). Also, the corporate name of a proprietary company is distinct to that of a public company, i.e. ... With reference to this context, The Green Coffee Company Ltd can be determine as a public limited company which shall further determine its fundraising obligations when attempting to invest in an world-wide expansion venture to Vietnam. One of the major differences and opportunities for The Green Coffee Company Ltd in fundraising, being a public limited company, is that it can issue equities or sell its debentures or shares to more than 50 non-employee shareholders through the obligatory issuing of prospectus where proprietary companies (either limited or unlimited) are exempted from such permits (Corporate Law 2011). From a managerial concern, fundraising activities performed by organisations such as The Green Coffee Company Ltd will kinda essentially give rise to company liabilities and thus will seize the risk of affecting shareholders or investors interests. It is in this context that The Green Coffee Company Ltd must ensure its compliance with the norms prescribed in the Chapter 6D of the Corporations Act 2001 (Cth). It is worth mentioning in this regard that The Green Coffee Company Ltd is planning to offer shares to the public with the intention to obtain a capital of around $7 million and $15 million owe to which the company must ensure the divine revelation of all the required and lodged documents prior to offering securities as per the edible mentioned in Section 727 (1) of Chapter 6D in the Corporations Act 2001 (Cth) (Corporations Act 2001, 2005). It is mandatory on this note to lodge the disclosure document to the Australian Securities and Investments Commission (ASIC) as per Section 709 of the Corporations Act 2001 (Cth) (Better prospectus disclosure 2006). Contextually, any identification of forging in the

Interpret the legal factors involved in corporate management and Essay - 1

Interpret the legal f proceedors involved in corporate management and ownership - Essay ExampleFor instance, share holders can sue the board of directors for an act they negligently commit or in breach of set By-laws. Jane, who is a share holder, is aggrieved by the boards finding to invest heavily in the companys growth in negligent creed on its officers financial reports. It is at that placefore important to establish whether the directors are liable or non while giving reasons for or against this assertion.In establishing liability, the most important consideration is whether the management acted deep down their dresser or not which is derived from the companys By-laws. This is the main reference in case of any conflict. However, there are general duties expected of officers which seem inherent in all corporations.Directors or officers to any pot are expected to perform daily duties with loyalty and obedience. Among the daily duties of such workers include strategic plannin g, displace in place internal controls to ensure proper book keeping, implementing any devised strategies and setting up committees (Whincup, 1998). The higher up case reveals a kind of directors who present faulty financial reports and the shareholder on full reliance of the reports incurs considerable losses. The directors in this question acted within their authority since book keeping falls within their chisel specification.However, they can be discharged from this liability if they can show that they acted in undecomposed faith and not in a fraudulent manner. This comes in especially where other persons acted on their behalf. They are however until now liable since the acts were committed by their agents. The business judgment rule can be a good defense for the officers. The rule immunizes corporate management from liability for actions that are undertaken in good faith, when the actions are within both the power of the corporation and the authority of the management (Mill er, 2011).From the foregoing, the

Legal Framework in Employment Essay Example | Topics and Well Written Essays - 3750 words

Legal Framework in booking - Essay ExampleAs per common law, an employer has the right to dismiss an employee with prior notification. Terminating an employee without prior notice is a wrongful dismissal against which an employee drop sue the employer. Unfair dismissal is created by statute law, and it may occur even with proper notification. The Employment Rights Act 1996 has given six potentially fair reasons for terminating an employee. The employer has to ensure that the decision of dismissal, he has made reassert and is conducted fairly.Employment Relations Act 1996, section 98 (4), provides details to declare a dismissal fair or unfair. The employer is responsible to justify a fair dismissal and likewise give reasons for unfair dismissal. In every case, if an employer is unable to prove that the dismissal is justified as per the Employment Relations Act 1996, it will be declared as unfair.Not only the law provides support to the employees the employers also have equal defens es to claim the honor of their dismissal decision.In the case British Leyland (UK) Ltd v Swift, (1981), the employers decision was declared as fair by the coquet of law as the employer justified his decision claiming to terminate an employee due to misconduct.In another case Iceland Frozen Foods special v Jones, (1982), the employer terminated a night-shift foreman at the warehouse. The employer held the employee responsible because he could not secure the warehouse at night which resulted in slow production.

What are the arguements for and against the death penalty. examples Essay

What are the arguements for and against the death penalization. examples should be ground on the USA - Essay ExampleIn December of that year, Captain George Kendall was shot dead by firing squad in Jamestown, USA. He was executed on charges of creating discord and fostering mutiny. The second account execution was that of Daniel Frank in the year 1622 in the Colony of Virginia on charges of theft. Thereafter the death penalty had become common in the criminal justice system of the United States2.Imposing death penalty on minors aged below eighteen years and its legality had been discussed in the case of Sanford v Kentucky. The jury in that case rejected the basic assumption that the death penalty could not be imposed on minors and juveniles, in conformity with the 8th Amendment to the Constitution. This amendment prohibits uncivilised and unusual punishments against juveniles. However, it was held that juvenile criminals, who were cardinal years or older, could be executed. The Court held that the death penalty could not be deemed to be cruel and unusual punishment. It also maintained that the founders of the Bill of Rights and the Constitution did not consider the death penalty to be cruel and unusual punishment. Justice Scalia based his ruling on the changing standards of decency. Taking this decision as a precedent, most states in the US had imposed the death penalty on juvenile delinquents who were sixteen years of age. Justice Brenan opposed this decision and argued that much(prenominal) juvenile executions were in the breach of evolving standards of humanity in the US3.The supporters of capital punishment have come up with two principal justifications for its continuance. First, the death penalty is inhering for the safety of citizens and secondly, there have been attempts to eliminate some of the more barbaric practices involved in such punishment. To this end, executions are being conducted in places, where the general public is not granted acce ss. Moreover, governments have supplanted the conventional methods of do death, like hanging, with neoteric