The Course Of Entrepreneurship.Self Reflection Essay

The Course Of Entrepreneurship.Self Reflection - Essay Example In an academic field of study, the student is constantly involved in a learning process. The process of academic education allows individuals to constantly come across new skills and techniques and this learning enhance and polish the respective skills and techniques for the individual. This report discusses on the reflection I have while I was developing the plan for a new venture from the perspective of an entrepreneur. This was a group project and all the group members had certain roles and duties to fulfill for accomplishing the desired task. Throughout the project I came across different course contents that allowed me to relate things to real life and hence this project was a good learning experience for me as well as my group members. This project helped me to develop a good insight about the professional business world and how entrepreneurs need to deal with the various business circumstances they come across in their daily business activities. Summary of New Learning The ent repreneurship module allowed me to gain hands on knowledge and skills regarding the theories involved in the area of entrepreneurship as well as the practical applications required for entrepreneurship and initiating new business ventures in the business world. This course allowed me to understand that the requirements of becoming a successful entrepreneur and it also requires the individual to possess certain intellectual and physical skills along with have strong emotional skills so that the new business can be initiated in a successful manner. After learning about the importance of emotional skills, I developed a mindset that I need to work upon improving my emotional and social skills so that this helps me to become a successful entrepreneur. The course gave me a deep insight regarding the activities of an entrepreneur and also allowed me to understand the importance of the small and businesses that are operating in the country. The support that these small and medium businesses give to the economy is really remarkable to know and understand. Each and every business, be it small or big, plays a vital role towards the economy of any country, hence all entrepreneurs need to start up businesses for which there is a demand in the economy. I was able to evaluate my skills and abilities at the end of the course and planned out on the areas on which I need to improve for my future professional career. Entrepreneurship Skills, Knowledge, and Abilities This course taught me the various entrepreneurship skills that are possessed by entrepreneurs. Starting up new businesses by an entrepreneur can be a very challenging task. The entrepreneur needs to carefully devise the business plan and also allocate resources accordingly. Businesses require investments, while starting up the business the entrepreneur needs to analyse the investments available so that the business strategies can be planned accordingly. Financial aspect of any business is a very crucial part that nee ds to be given a strong consideration by all entrepreneurs. By analysing the financial position of the business the future decisions can be taken as businesses that are low on investments cannot implement financial strategies to a large extent on the firm. I am not that good in numbers therefore after learning about the importance of finance for entrepreneurs; I will be working towards my financial subjects. Keeping a strong and check and balance are also important for entrepreneurs as they can plan business expansion and diversion based upon their level of profitability with the business. Targeting new market segments also requires good investments and financial stability

The compromised Neonate Essay Example | Topics and Well Written Essays - 3000 words

The compromised Neonate - Essay Example Results also showed that the time needed for stabilisation of bilirubin levels increases along with the gestational age of the neonate. In addition, despite the various methods employed for the treatment of neonatal jaundice and the wide ranges in the treatment levels used, there has been an overall median plateau of around 72 hours for the stabilisation of bilirubin levels in most of the neonates. However, because the date of the release of the NICE guidelines was in proximity with the release of this article, it can be inferred that the national guidelines were not yet fully disseminated in most hospitals and other neonatal units during the time the participating units were contacted, as suggested by the conclusion of the article in the high variability and wide variations in the threshold levels used among the 72 units contacted by the researchers. ... r this paper since it discusses both the use of phototherapy to treat neonatal jaundice, as well as in discussing the importance of using guidelines in managing bilirubin levels for improving the symptoms of neonatal jaundice. Physiological Jaundice in the Neonate Jaundice is a condition which is caused by the accumulation of bilirubin or broken down red blood cells in various parts of the body, and is most visible as a yellow discolouration in the sclera of the eyes and on the skin starting from the head and moving down to the lower regions of the body (Robertson & South, 2007). The yellow colour is attributed to the inability of the infants’ bodies to rapidly catabolise foetal red blood cells through the liver and to expel these through bowel movement. While there are two forms of bilirubin circulating in the neonate’s blood: the unconjugated bilirubin (fat-soluble) and the conjugated bilirubin (water soluble), it is the unconjugated bilirubin which causes the yellow discolouration due to its fat-soluble nature earning its capacity to enter cellular membranes and becoming deposited in tissues such as the skin, gums, and eyes (Percival, 2002). As a result the bilirubin that builds up in the bloodstream due to the slow breakdown of red blood cell catabolism can reach to about 5-7mg/dL or 85.5-119.7?mol, binding to fatty deposits within the neonatal body and causing the yellow discolouration (Varney, et al., 2004). This amount of bilirubin build-up in the infant’s bloodstream is enough to give off the typical yellow discolouration of the skin among those affected, with the intensity of the colour associated with an increase in bilirubin accumulation. Up to 50% of neonates are typically affected by this condition and usually does not pose grave problems unless

Full stream service from VIP Clientele Essay Example | Topics and Well Written Essays - 2000 words

Full stream service from VIP Clientele - Essay Example An input, process and output model is established. Quality service and standards, test marketing, social marketing, key personnel involvement and competitive analysis are among the key aspects that are analysed in the model. A critical appraisal of the airline service provider is done by comparisons from other service providers. Business Process Model Review A well designed business process model should encompass the relationship of the entire processes as a whole to integrate the overall goal of value for the customer’s money. Value proposition section depicts the intended methods of services to be provided for the target market (see figure 1). VIP clientele are dispersed all over the world with an emphasis on the developed continents. Radical changes in this proposition are seen in the model. The intended goal of this proposition is to become leaders in providing full stream services in the airline industries. This has not been practiced before therefore, the introduction of the same will cause a shift in profits patterns from other airline competitors. Leasing of airplanes as well as rental of planes is a radical change in the airline industry. Focus has been in the past of private jet purchases but not rental or even on leasing terms. The door to door services is a radical change in this process. ... New airplanes will not be designed in this case. The business model will encompass the existing marketing strategies as an incremental change for the intended airline business. Technology has been developed in e-marketing which helps in marketing strategies. Catering during the flight will be done by already established high class caterers. The full stream services in the airline business will integrate the various aspects of high class services as a whole to achieve the target market. The preliminary stages in the design of the business model called for a thorough research of the airline industry. Gaps in the services were identified as high oil prices which will devolve to wiping out low costs air tickets in the coming years. A further analysis shows that safety during flight is at the core of any customer’s choice of airline service provider. In light of this, we deduced that customers need value in the flight services. Hiring or leasing a plane at ones comfort is the way f orward, ensuring high class services are provided from the beginning to the end. Door to door service is a deduced solution since the existing airlines do not offer such to customers. The innovation of this new business model is towards the customer’s experience before, during and after arrival of a flight. Customers are having fears of lack of safety in the pre-existing services. This will be counteracted by individualized services e.g. lease or rent of a plane, a cab for efficiency and effectiveness of the entire flight experience. High oil prices will cause high costs for travelling in the airline industry. The business model is market driven as a shift from highly priced and crowded airlines will be experienced to safe and specialized flight services. Existing technology

There is a body of litterature that proposes that customer ...... to Essay

There is a body of litterature that proposes that customer ...... to what extent do you believe this to be true - Essay Example (Skogland & Siguaw, 2004, p. 221) Research has shown that in the United States, customer defection is high; this means that customers will not return for a second purchase of the product from businesses or firms. U.S. corporations lose half of their customers over a span of five years resulting in 25 to 50 percent reduction of corporate performance. Companies invest millions of dollars in customer retention programs. Skogland & Siguaw’s (2004, p. 221) study cite Marriott who spent $54 million in 1996 on its Honored Guest program, while Hyatt invested $25 million in its loyalty program that same year. Research on customer loyalty has primarily focused on customer satisfaction and involvement. However, findings on the linkage between repeat-purchase behavior and satisfaction have provided mixed results. Some report significant links, while others are doubtful. In the past century, RM was a major trend and a controversial talking point in business management. Strategic competitive advantage could no longer be delivered with just product characteristics but with emphasis on satisfying customers. (Barnes, 1994, cited in Egan, 2003, p. 145) Relationship marketing (RM) and customer relationship marketing (CRM) are two interrelated subjects. â€Å"Relationship marketing is marketing based on interaction within networks of relationship†¦ CRM [includes] values and strategies of relationship marketing – with particular emphasis on customer relationships – turned into practical application† (Gummesson, 2002, p. 3). Relationship marketing was first contributed by Berry (1983) as a new rubric for services marketing, with insights in the 1980s pointing to service risk points in the customer relationship life cycle. In the 1990s, relationship marketing became a key marketing issue (Ballantyne et al., 2003, p.159-160). Due to constant changes in marketing, there have been departures from mainstream marketing

Policing of Aboriginal Communities with Emphasis on Canadian Policing Essay

Policing of Aboriginal Communities with Emphasis on Canadian Policing Examples. - Urban and Rural Differences in Policing in Canada and at large to be examined - Essay Example In Canada, aboriginal policing came into being a professional, reliable and responsible government body with the introduction of the First Nations Policing Policy (FNPP) in June 1991. The objective of First Nations Policing Policy is to provide aboriginal communities of Canada social security, order and individual safety on the basis of cost-shared funding by federal and provincial governments. It is aboriginal communities choice either to develop their personal police service or opt for a police service provided by a contingent of First Nations officers. The Aboriginal Policing Directorate ensures policing that is answerable to the desires of aboriginal people residing in rural and urban areas. The Royal Canadian Mounted Police (RCMP) – the Canadian national police service has its Aboriginal Policing Branch that prepares culturally alert policing services agreeable to aboriginal people. It takes into confidence aboriginal organizations to come up to their needs and expectations. The RCMP absorbs aboriginal people in its recruitment and plans problem-specific programs relevant to aboriginal communities needs. Some of the programs include RCMP Aboriginal Youth Training Program (AYTP), Community Suicide Intervention Program, and First Nations Community Policing Service (FNCPS). The Community Policing Model is the result of severe criticism of the traditional model of policing, which was not sufficiently equipped to deal with the issues of aboriginal communities. Now, communities get support from the police in managing their risks. Both work hand-in-hand to solve the crime and law & order problems created by local inhabitants. In the Community Policing Model, the police don’t behave irrationally to cope up with law & order issues; it takes proactive steps to recognize and remedy, to establish peace. The police intervenes in the dialogue process to know the opinion of the community on touchy issues, first by holding general level

Reflection 03081 Essay Example | Topics and Well Written Essays - 1000 words

Reflection 03081 - Essay Example The presentation that we gave was about the first industrial revolution. The most important objective was to highlight the noteworthy inventions that were made in this period and what has happened since then. Tasks were assigned to individuals equally in order to ensure successful completion of the project. There was three group members, one was given the task to do the research and collect data, the second group member was reasonable for designing the presentation and I was give the task of writing the slide contents. The following sections will include the interpretation and outcome of our group efforts. As mentioned above, we were tasked with the preparation of a PowerPoint presentation regarding the first industrial revolution. We decided to conduct group meetings every alternative day in the week in order to discuss our individual progress regarding the overall presentation. The division of work was done very effectively as each of us go the work that we do best. However, one of the major drawbacks of our group was that no one was clearly defined as the leader. Although we were making individual progress there was no leader who would give proper direction to the flow of our work. Occasionally we have conflict of issues which deviate us from the actual path of the assignment’s objective. I decided to implement the ideas the Tuckman teamwork theory. It was extremely important for me to make sure that the team go through all the four phases of team development mentioned in this theory (forming, storming norming and performing). I witnessed that initially the group members were finding it difficult to gel in with each other. So I decided to clarify the overall objective of the team in order to make sure that group members work towards a unified goal. This helped me to establish coordination among the team members once they started to feel comfortable within the group (Riebe, et al.,

Diversity in Racial, ethnic and cultural history Essay

Diversity in Racial, ethnic and cultural history - Essay Example There is a growing need for the government agencies and leaders, businessman, educators, and the society in general, to look at these racial differences that are not thought of in the past. Because of globalization, we come to accept this diversity, and for economic reasons, we realize the interdependence of each others lives. The growing economic system that is due to globalization .and advanced technology has accelerated the need to understand cultural differences and accept it as a way of life. I am a Caucasian by race with a French background. Being a Caucasian, I am proud of my ethnicity. The whiteness of the skin or being fair skinned as a passport to the American culture, is something new to me. Caucusus, the land where we lived, is blessed by nature, and for a long time, supplied the Russians with oil. Because of this relation, Caucasians developed a racial communist background, but we now belong to the ex-communists world. It is only now that I learned that the cohesiveness of my people is an influence of the Soviet system, and with the collapse of the system, people became closer because they feared of the uncertainty of their future, and â€Å"they have fallen back to ethnic solidarity to counter feelings of insecurity†(Henze, Paul, n.d.) Caucasus, is home to forty ethnic groups for many years, so its culture and ethnicity is a mixture of all these. Dr. Takvul, Ufuk, who made a sociological analysis of the Caucasia culture, said this race is characterized by ethnocentrism. Ethnocentrism is a tendency to view groups or cultures different from its own perspectives. It is an attitude that tends to believe of its own superiority. But having a French background makes my identity more colorful. Like the U.S., the immigration laws of the French country are tainted with racial prejudices. The existence of several laws makes the lives of minority groups difficult because of xenophobic attitude. Xenophobia is the extreme hatred for foreigners, and based