Friday, August 21, 2020

Business Model and Process of Entrepreneurship †Free Samples

Questions: Q1. Talk about I'm not catching your meaning by the term Business model, basically assess the job it plays during the time spent Entrepreneurship? Q2. How does the plan of action identifies with the association procedure? Q3. What are the difficulties business people being probably going to involvement with creating and executing their plan of action and by what method can these difficulties be survived? Answers: 1. Plan of action A plan of action is the hypothetical structure partner the attainability of a business, along with its assurance, its destinations, objectives and its proceeding with plans for achieving them. Plan of action is a depiction clarifying the endeavors of business for accomplishing its motivation. Model include all the strategies and procedures of the business. Marketable strategy and plan of action are comparative. Notwithstanding, a marketable strategy include all the fundamental highlights to decide the reasonability of potential business, while a plan of action shows the components that lead to the achievement of a current business (Tech Target. 2017). There are two significant elements of Business model. Worth must be made by the plan of action in the worth chain and a bit of significant worth should in the worth chain must be caught by the firm. There is an association among enterprise and plan of action because of the foundation of significant worth catch and worth creation. Enterprise implies it is an interest in a plan that aggregates and arranges devoted people and changed resources that are impressively identified with advancements in the logical and innovative data for the drive of delivering and taking the value for a firm. Plan of action is mainstream, distinctive business are attempting to make new plans of action. Numerous business are compromised by the new plans of action. In this way, business that are as of now settled must discover creative models of business to servive in the market and to confront the opposition and to make the spot in the market business people are finding new and inventive plans of action (Oste rwalder, 2005). Parts that are significant of plan of action during the time spent business enterprise are-Gross edge model, Revenue model, Investment model, Working capital model and Operating model. 2. Plan of action of an organization is identified with the system of the business it has a connection of nut and fasteners as it gives the appropriate response of the organization designs about accomplishing the objectives and techniques of making the benefit. For instance If organization isn't getting the benefit because of the need acquiring the income from the ads by the sites, directors can choose to make new plan of action, such as selling products like shirts and so on through online source as a procedure to make benefit (Hamel, 2017). 3. Difficulties There is absence of condition understanding and just centering of the outcomes, not completely dedicated towards arranging, Inappropriate individuals at the situation of administration, absence of effective arranging, adaptable arrangement. Arranging group must be productive, dedicated towards their work and should utilize appropriate authority abilities for creating and executing the plan of action. Defeat the difficulties Perfect individuals ought to be picked, ordinarily individuals pick their companions as their fellow benefactor which can be the explanation of misfortunes for the business, Business ought to embrace the correct evaluating procedure, acknowledge the disappointment, old techniques ought to be supplanted with the new methodologies, business people ought to be associated with the business capacity and business visionary ought to be engaged towards the objective (Martinuzzi, 2013). Case of organizations picked up progress because of plan of action Apple, PayPal, Google, Napster and Facebook. References Hamel, G. (2017). The Relationship Between the Business Model and Strategy. Recovered from: https://smallbusiness.chron.com/connection between-plan of action procedure 25963.html Martinuzzi, B. (2013). Approaches to conquer the hindrances that execute organizations. Recovered from: https://www.americanexpress.com/us/private company/openforum/articles/8-approaches to-defeat the-snags that-execute organizations/ Osterwalder, A. (2005). What is a Business model? Recovered from: https://businessmodelalchemist.com/blog/2005/11/what-is-business-model.html Tech Target. (2017). Plan of action. Recovered from: https://whatis.techtarget.com/definition/plan of action

Monday, July 13, 2020

MA How to Create and Shorten a Long List

MA How to Create and Shorten a Long List The process of MA starts off with determining the needs of the acquirer and figuring what is needed from a possible merger. Once this has been done, the managers start listing down all possible companies that could be taken over. Detailed, thorough analysis and a screening process are later used to shorten the long list. © Shutterstock.com | NoppadolsignIn this article, we look at 1) recognizing the purpose of MA, 2) creating long list, and 3) screening potential candidates.RECOGNIZING THE PURPOSE OF MABefore a company initiates the process of a merger or acquisition, it is essential to determine what purpose the company hopes to achieve through the merger. A merger or an acquisition is a major strategic decision for any company which must be backed by research and deliberation. All parties that would be affected by a possible MA should be identified, as well as the impact of the merger on them.Revisiting vision and mission statementIn order to identify the reason for a possible merger, the company needs to revisit its vision and mission statements, since these provide the general direction in which the company is supposed to go. Vision statements say a lot about a company, since they detail how the entity perceives its existence and how it envisions to change or impact with its operations in the in dustry. Similarly, a mission statement talks about what the company wants to achieve in the future and how it plans to do so. Reviewing the mission statement will help decision makers get reacquainted with the company’s philosophy before they look into a potential MA.Updating and renewing the vision and goalsReviewing the vision and goal statements will help the company define parameters for a possible merger. Companies need to periodically revise and update their vision and mission statements. It also includes setting new goals and changing policies to accommodate mergers and acquisition.Determining what the company wants to achieve with MAThe company needs to determine and pinpoint what it wants to achieve with a particular merger or acquisition, since it would make it easier to shortlist companies. It must also be determined how the merger will impact the business as a whole. If the company plans ahead and knows exactly what it wants to achieve, it would save a lot of time and effort and eventually result in the right decision being made. Listing down all the goals of the company will help managers better strategize mergers and acquisitions. A bad merger could hurt the company and slow down growth, which is why planning is of paramount importance.Determining how it would impact the business processesA merger or an acquisition is likely to impact the business operations considerably, especially if the operations of the target company are being integrated with current operations. It is important to plan for these changes ahead of time, so that proper arrangements can be made, which will help with a smooth transition. In order to make the target company part of the running operations, a cultural change has to be initiated, which will involve taking the employees into confidence, recruitment, and training. CREATING LONG LISTIt is important to be methodical while creating and shortening a list for a possible MA. Here are some things to consider while searching for the right company.Listing down companies working in the industryThe first step involves identifying targets for a merger or an acquisition. There are several ways in which a right fit for a merger could be found. First; the managers need to develop a profile of the sort of firm they want to acquire. Managers must also gather information on market condition, industries, products and services being offered. There are several research reports available on industries and their future potential, which can be of great help to the acquirer.The acquirer needs to look for companies in their vicinity, which means it needs to consider firms it sells to and buys from. Many mergers and acquisitions take place between firms that already have a working relationship. Senior staff and managers must be encouraged to use their contacts and network to look for likely prospects in the industry. Details could be circulating in the industry pertaining to a possible merger and the kind of firm the acq uirer is interested in. For this purpose banks and other financial institutions could be used, since they serve similar companies.Establishing the primary screening or selection criteriaAfter reviewing and revising the company mission and vision statement, criteria are developed according to which the long list is further shortened. The criteria may include the size of the company, budget, number of employees, area of business, location, value of the company and relevance to the current business area. This would act as the primary screening or selection criteria.List according to Pre-determined criteriaOnce you have a list of companies, and the criteria that will factor into your decision-making, list all the companies down and rate them on each criterion. Creating a table listing each individual factor you are considering and then adding companies to this table will help you clearly see which companies do and do not match your requirements. Should a lot of companies fit the bill, y ou can use this table to help prioritize a list in the order you will approach the companies. Having data laid out for easy visualization can help speed the process of choosing the right companies for your shortlist.Developing a search strategyThis process requires a lot of information from primary and secondary sources. The company needs to find information about these companies, so that analysis and decision making is easier. Information can be often found in publications made available to the public, but at times, primary research has to be done in order to acquire insightful information. When a merger or acquisition is being deliberated, information regarding the company can be sought directly from the company as well. Government organizations and regulatory bodies usually have a database containing all the companies in a particular industry, which could be acquired to streamline the process.All the companies in the long list will be tested on this set of criteria. Another strat egy is talking to experts and getting their insightful opinion about various companies in the industry. Alternatively, companies could be categorized according to the area of business they specialize in.Computerized databases and directory, banking, and accounting firmsThe search and organization of these companies could be aided with technology. Databases could be created, especially for industries with a huge number of companies. The computerized data would also help organize the list better and criteria could be set to shortlist the companies in the industries. Moreover, in order to acquire as much as information as possible records can be sought from various financial institutions like banks and accounting firms, which will be able to provide insightful information about the target companies.Approaching the target companyWhen a suitable target has been identified, there is a need to register interest. There should be formal and clear communication with the concerned party. The h igher management, which is board of directors in most cases, must be directly approached. It must be made sure that the management fully understands as to why the acquirer is interested in the target firm. A list of question should be prepared and presented to the decision makers at the target firm. A formal meeting could help get clear information across in addition to providing an opportunity to explain the business and future plans of the acquirer.Before the owners or decision makers of the target company are approached it is advisable to find out if the they are already planning to sell the business. If they are already planning to sell, the reasons behind must be determined and investigated. It must also be considered, in case of a merger, whether the acquirer would work well with the target company’s managers and staff, since personal difference could mean the difference between success and failureSCREENING POTENTIAL CANDIDATESOnce the acquirer has the list of shortlisted co mpanies for a possible merger or takeover, screening potential candidates will further narrow the search. There are ways through which this can be done.Detailed analysis, valuation and evaluation of the target companyAfter the initial screening process, all shortlisted companies are put through a detailed and thorough analysis. This process involves going through the company’s financials. These financial statements include an income statement, balance sheet, cash flow statement and capital structure statement. Evaluating these statements would give the acquirer an idea as to how the potential company has performed over the years. Underlying patterns can also be determined through these statements which will give an insightful view of how well the company has progressed over the years. Income statements could be further used to generate various performance ratios, which give an overview about company’s profitability. Some common ratios include, gross profit ratio, net profit rati o and return of capital employed ratio. In the same manner values from the balance sheet can be used to calculate ratios, which summarize the financial standing of a company, commonly include current ratio, acid-test ratio and leverage ratio. Solicitors and accountants could provide valuable insight into the financial standing of the company.Brief financial due diligence reviewAll selected companies must also go through the process of due diligence. Usually mergers and acquisition require approvals from central government agencies that are responsible for ensuring a competitive environment in the industry. It is important to make sure that there are no legal disputes concerning the ownership of the potential companies.Adding more criteria to shorten the listOnce all the relevant information has been collected more criteria could be added to further shorten the list and possibly select a firm for a merger. Conditions may include market size, size of the firm, product line, and degree of leverage. All the shortlisted companies could be tested against these conditions to find the right fit.ValuationThe next step involves valuation of the company. In order to understand the concept of valuation, it is important to develop familiarity with the concept of cash flows.Any income a company receives or any expense incurred impacts the cash account over a given period. There are two kinds of cash flow movements: Cash inflows and Cash outflows. Inflows include revenues earned from operations or investments and financing activities. Cash outflows include expenses incurred by the firm for operational activities, investments, and purchase of assets.Net cash flows can be calculating by combining cash inflows and outflows. A positive net cash flow would mean that the company is receiving more cash than it is spending.There are several ways to value a company using the cash flow models:1. Hiring a professional consultancy firm to do the jobAlthough this method might be costly a nd time consuming, it usually gives an accurate valuation of the company. Another method to valuate a company involves analyzing the cash flows of the company and placing a value on company’s ability to generate profits.2. Forecasting using future net cash flowsIn some cases, future net cash flows are also calculated and a forecast is created, which provides an important determinant for valuation of the company. As explained above, operating free cash flow is cash generated by operations, which is attributed to all providers of capital in the firm’s capital structure. This also includes debt providers as they provide funds to finance the company. The calculation is done by taking earnings before tax and interest and adjusting for the tax rate. Depreciation is added back, since it is non-cash expense and does not impact the cash account. Capital expenditure is subtracted and any changes in capital structure are also subtracted. All these values are available in the income stateme nt and balance sheet of the company.3. Looking at Growth RateAnother model for valuation includes looking at the growth rate, which is the rate at which the company is growing in terms of revenues and profits in a year to year comparison. This value can be difficult to predict at times, but could drastically change the value of the firm. Conventionally, it is calculated by using the return on invested capital value and multiplying it with retention rate. The percent of earning that are held back within the company, hence not paid as dividends, is known as retention rate. Return on investment is the income generated from the operations. This value can be retrieved from the income statement.4. Using the present value of operating free cash flowsAnother popular method to evaluate the value of a company is calculation of the present value of operating free cash flows. The operating free cash flows are calculated as mentioned above, but for this calculation the cash flows are discounted to take into account the cost of financing projects. The discounting is based on the average interest rate in the economy. The weighted average cost of capital is used as the discounted factor. Three potential growth scenarios are taken in account: No growth, constant growth and varying growth. Creating and shortening a list of potential firms for merger or takeover is a complicated process, which requires a lot of research, due diligence and meticulous calculation. A number of factors, as explained above, need to be taken into account before a decision is made. The acquirer needs to determine a criteria, which would help make the process manageable. The narrower the parameters, the easier it would be for the acquirer to shorten the long list.

Wednesday, May 20, 2020

Analysis Of Two Boys Kissing By David Levithan Essay

Under Pressure In a world of growing change and coercive adaptability, it is sometimes hard for us to respond to these increasing, sudden constituents of alteration. Two Boys Kissing by David Levithan brings to light the afflicting modes of pressure upon those who face variant sexualities from heteronormativity while challenging gay stereotypes through providing individuated, distinct characters with their own backgrounds and struggles. Three important main characters in the novel, Cooper, Ryan, and Avery, indicate their various endeavors in a tyrannized world through addressing dilemmas with the construction of masculinity, the movement of individual sexuality through space, and body image. While Two Boys Kissing challenges the dominant narrative of â€Å"the closet† through bringing the characters’ sexualities into the open, conveying a â€Å"new† masculinity—one that establishes an attitude that it is okay to be gay—Cooper, Ryan, and Avery face d iscrete internal battles against their own masculinities. Cooper refuses to come to terms with his sexuality because he knows his parents are not accepting of it. Ryan refuses to bring Avery inside his home because he is afraid of how his parents will react. Avery has undergone hormone transformation—that is, he was born a female and then biologically transitioned into a male—but he does not feel as masculine as he desires. These three characters each experience the suffocating consequences of hegemonic masculinity; â€Å"hegemonic masculinity

Wednesday, May 6, 2020

Dickinson’s poem “Because I could not stop for Death” Free Essays

Emily Dickinson’s poem Because I could not stop for Death is her personal take on the mystical relationship between life and death. She addresses death from a somewhat cynical and very unique point of view, using metaphor and symbolic imagery to relay her main point, which is that eternity exists here on earth. To get to this point she contrasts the relationship between eternity and the present, and she poeticizes her personal assumptions pertaining to the afterlife. We will write a custom essay sample on Dickinson’s poem: â€Å"Because I could not stop for Death† or any similar topic only for you Order Now In the first two lines of her poem, she personifies death as a tall dark and civil man, whose flattering kindness causes her to be swept away. This is most apparently enforced through lines 6-8 when Dickenson says, And I had put away/ My labor and my leisure too/ For His Civility- (Dickenson, 6-8). Here it is easily identified to the reader that Dickenson feels no threat from death and she is even slightly honored to be in his company. The irony of this statement proposes that death is possibly a casual and antiquated part of life, and not as vile or harsh as some of the many methods through which we go about achieving it. A major motif used in the poem is the aspect of time. The contrast between the temporary and haste-full rush of the present with the open-ended nature of eternity is the main focus of the work, and the force that drives it. It can be seen throughout the poem in multiple ways. This contrasted relationship between the present and eternity is first initiated with the opening line, Because I could not stop for Death-/He kindly stopped for me- (Dickenson, 12). This motif is further used when Dickenson refers to immortality being in the carriage with her, and then when she says, We slowly drove- He knew no haste (Dickenson, 5). Death’s inclination to drive the carriage slowly is most likely due to the idea that time has no meaning in the hereafter. Time on earth is measured by the sun, but this time frame does not apply to death, nor to Dickenson anymore now that she is dead. Her recognition of this fact is another pinnacle point of contrast between the present and eternity. She even acknowledges this value of the sun to signify time when she says, We passed the Setting Sun- / Or rather- He passed Us- (Dickenson, 12 13). Once she passes the sun, and the sun passes her, their relationship no longer has a bearing on her existence. From this moment on in the poem, all of Dickinson’s verses represent her personal assumption of the afterlife, and these lines attempt to find meaning in the unknown. As Dickinson settles into the reality of her own death, she uses phrases like Dews drew quivering and chill- (Dickenson, 14), and terms like Gossamer and Tulle referring to the thickness of her clothing, to point out that it is very cold where she is going and she failed to prepare for the trip. This is a very ironic notion considering that one main premise of this poem is that death is unexpected and waits for no one’s schedule to be clear. Dickinson then likens her soon to be grave to that of a house, which she says looks like the swelling of the ground (Dickinson, 18). Before she comes to her final realization, Dickinson makes her very last comparison to time and eternity when she says, Since then – ‘tis Centuries – and yet / Feels shorter than the Day (Dickenson, 20 21). Here she identifies that she no longer has the same concept of time, as when she was living. This corresponds with her last two lines and her realization that all along immortality had been right beside her. She realizes this through recognizing that the horses heads were facing eternity. I took this as another way of saying time is ever-changing and moving forward and like the children she sees playing, and all of the other surroundings, we are among this endless stream as well. In sum, Dickinson’s poem Because I could not stop for Death, becomes a critique on the way most view life. Few are given the possibility to know the exact moment of their death. Dickenson acknowledges this fact and turns it into a very mystical about entrance into the afterlife. With no more than 24 lines she tells a very saying tale, and where most stories begin with one living and then dying, her begins with her death and ends with her finding the truth behind immortality. This poem is a fable for the living. How to cite Dickinson’s poem: â€Å"Because I could not stop for Death†, Papers

Thursday, April 23, 2020

Let them Call It Jazz Research Paper Example

Let them Call It Jazz Paper The story Let Them Call It Jazz is written by Jean Rays and it talks about Salina, a dark skinned, young woman who has no money, no home and no idea of what to do next in her life. She came to England with the intent of becoming a seamstress at a shop in London, but has had no luck getting hired. Instead she finds herself kicked out of the bed-sit she rents weekly and learns that her life savings has been stolen. Jean Rays has used specific characterization techniques to convey certain attitudes toward racial oppression. Her narration and dialogue, her personality and the other characters reaction to her are integral in communicating the racism message in the story to the reader. Jean Rays was influenced by her own experience with the whites and wanted to speak out about the racist acts by the people of England. The other characters reaction is shown when she moved into a ewe flat, she was disliked instantly and was told by her neighbors Must you stay? Cant you go? this shows that the people of that age then disliked people who were not white and did not treat them properly. Her previous land lady, not only stole Salines money, but also lied to the police when Salina reported that her money was stolen, saying She certainly had no money when she came here, She able to pay a month s rent in advance for her room. We will write a custom essay sample on Let them Call It Jazz specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Let them Call It Jazz specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Let them Call It Jazz specifically for you FOR ONLY $16.38 $13.9/page Hire Writer This caused Salina to leave the flat to find another one. Racism through the reaction of other characters is further shown when Salina was singing on her own and the neighbors disliked it. They called the police and when she was being told off my the police, You cant make that noise here. Get along home. Youve been drinking. I, the woman who had called the police was looking at me and smiling and the other people at their windows this proves that racism was dominant during that time.

Tuesday, March 17, 2020

Factors affecting women working in the pharmaceutical sector in the Kingdom of Saudi Arabia The WritePass Journal

Factors affecting women working in the pharmaceutical sector in the Kingdom of Saudi Arabia Introduction Factors affecting women working in the pharmaceutical sector in the Kingdom of Saudi Arabia ). Saudi Arabia profile. Online. 16th January. [available at: bbc.co.uk/news/world-middle-east-14702705] Issa, N.A., Al-Ammar, A.I. and Mostafa, S. (2009) Healthcare and Pharmaceutical Industries in Saudi Arabia. American Health Lawyers Association. Minkus-McKenna, D. (2009). Women Entrepreneurs in Riyadh, Saudi Arabia. Working paper. http://bit.ly/yCoxTY Offenhauer, P. (2005). Women in Islamic societies: a selected review of social scientific literature. Report. Library of Congress. Online. [available at: loc.gov/rr/frd/pdf-files/Women_Islamic_Societies.pdf] Peebles, D., Darwazeh, N., Ghosheh H. and Sabbah, A. (2007) Factors Affecting Women’s Participation in the Private Sector in Jordan. Research Report. National Center for Human Resources Development. Sadi, M. A. and Al-Ghazali, B. M. (2010). ‘Doing business with impudence: A focus on women entrepreneurship in Saudi Arabia. Research paper.’ African Journal of Business Management Vol. 4(1), pp.1-11, January. Online. [available at: academicjournals.org/AJBM]. Saudi Food and Drug Authority. [available at: sfda.gov.sa/En/Home/Topics/about/]