On Course Journal Entry

Dick Gregory, The Memoir of Dick Gregory by. Dick Gregory, Slavery by Another Name by. Douglas A. Blackman, The Autobiography of Malcolm X by. Alex Haley, and Stolen Legacy just to name a few. I also watched documentaries; Hidden Colors 1-3 and Dark Girls. I also studied a couple museums, the most recent being the one in contribute of Martin Luther King and Accelerator Scott King in Atlanta. I talked amongst other individuals who were interested in the topic, as well. B. What do you do to learn the Information or skills needed to learn this? I read more than anything else.I was so intrigued by what I was reading and how it all was so connected to modern day society I just continued to read and make notes mostly. C. What did else do you do to learn this? I spoke to other people who were also interested In the topic and we all shared our new found knowledge to expand the wisdom we were digesting. I looked at some African pictures and old news articles. I also, consumed Information off the Internet. The more I learn the more I realize there is so much connected to present day activities. So, I still to this day study this topic. D.How often do you engage in learning this? I honestly engaged in this study every day. I have a whole collection of books pertaining to the subject, sometimes I think so many books so little time. E. When you engaged in learning this, how long did you usually spend? My studies were constant. I'm talking at least 6 to 7 hours out of the day usually. That was before school started of course, now it's more so 2 to 3 hours every other day. F. What feedback did you use to determine how well you learned this? When I enlightenment. They were quite fascinated with my learning in such short period of time.Some people didn't believe me, but those are the closed minded individuals who are content with what they were taught in the American education system about their ancestors Just being nothing more than slaves. G. How did you feel when you engaged in learning this? At first I was filled with anger and disappointment. Then, I found balance in it as I do in everything. Know I'm actually glad that they chose us. I feel so alive, empowered, conscious, and mindful now, the list can go on and on. Just so many emotions! So many volumes of life have taken over me that I have a totally new found perception.H. What are the rewards for learning this? There are an astonishing deal of rewards in regard to this lesson, including knowledge of self being my number 1 gain. I got closer to myself and my spirituality, discovered my destiny in the mist of it all by coming into visualization of what I want to do with my life. I can go on in a great abundance on what this topic has taught me and brought forth into my life. I can truly say I am grateful for the experience and I wish to enlighten others so they come into realization of who they are and what they mean to America. Part 3.By reading and writing about learning, I have relearned that if you want to know and/ or understand something it takes hard work and dedication. I will use this knowledge to maximize my learning in college by taking great pride in my work. When I stepped on the campus of Eastern Florida College to enroll I knew I was ready and by any means necessary I will stay motivated. I wish to understand everything that is being taught to me. I am a very active learner so a lot is already hitting home. I now when things do decide to get tough I will seek greater explanation of the topic.I was informed there are tutors. There are plenty of methods I can take to absorb information. My most dominant styles of learning are logical learning; I prefer using logic, reasoning, and systems. And Solitary(interpersonal) self-study learning. I also like sound such as aural learning sometimes to remember certain things. These are styles I use when I am working on school lessons. There are other styles I prefer when it comes to labor or something else. I enjoy writing t hings down a lot. I see theirs is a lot of work in college.I'm not sure if it's due to the classes being 8 weeks or f it's always like this, but it seems it can get a little intense if you're not organized or focused. I have a schedule around my lesson and I still find the time to get all of my work done with no distractions. So, honestly when it comes to learning I think it depends on the individual and how bad they want their education. I know what I am her for, I am willing to take every calculated step in order for me to absorb the information. And again, I am not interested in taking in information Just to take a test. I'm not here to regurgitate information!I'm trying to fully understand everything Hess teachers are supposed to be teaching me. â€Å"Education is the most powerful weapon we can use to change the world†. It sure didn't surprise me when we were asked, if we won the lottery would we still be interested in coming to college? Students were more interested in the illusion of having money. Fortunately, I am not motivated by money. I wish to make a difference in the world that's my motivation. Making a better society for my son and the other generations to come. I have great desire to touch every life around me, like Vive been doing since birth.

Knowledge and Understanding of “the Human Seasons” Essay

The poem â€Å"The Human Seasons† is a poem by John Keats is a poem John Keats wrote to a friend in a letter. â€Å"The Human Seasons† is a fourteen line English sonnet with twelve lines in the beginning followed by two final lines at the end. The poem has rhymes however the whole poem is neither uniform nor consistent throughout. The first four lines rhyme in an ABAB pattern. The second rhyme can be found between line six and eight. The Third rhyme can be found between nine and eleven and the final rhyme is in the last two lines, line thirteen and fourteen. All these rhymes are different, however they do share one thing in common the rhyming pairs all have one line in between to separate them. Another pattern that can be found in the poem is an iambic pattern. In pattern flows with the human blood flow making it easy to read. These patterns construct the bases that show the amount of thought John Keats put into the poem to express himself. The speaker we assume is John Keats himself since this poem was used in a letter to a friend from John Keats. The intended audience is the recipient of the letter, but now the poem is shared to all. In the poem John Keats is comparing the two different natural process, the four seasons of a natural year and the stages of human life. The season become metaphors for the various feelings and thoughts humans experience in the various phases of one’s life. The tone is serious as John Keats is expressing his thought on the topics of the natural human process. This serious tone can be felt from the diction since the John Keats choses to use formal language to write this poem. â€Å"The Human Season† is an example of John Keats ability to put a lot of thought in a fourteen line poem. The patterns and thoughts expressed in the poem are densely compressed but not too much that makes it hard on the reader to understand the topics and the expression of the speaker. One can really appreciate this with the careful analysis to see how much work John Keats puts into a short fourteen lines.

Cause and Effect of Social Media Essay

The 21st century is defined by its obsession and advancements in technology, the younger generation in particular. Technology plays as a key factor in most lives, social media especially. Among the most popular of social media are Facebook, Twitter and Instagram, all with the main purpose to share or view personal information and experiences, communicate with others and meet new people on social or professional grounds. There are several positives and negatives effects associated with social media, making it a topic of debate whether it is creating more good or harm for today’s society. see more:positive and negative effects of social media We use technology as the number one means of communication, and social media has made communicating with each other even easier. We have the ability to stay linked to the world and available at all times with a simple email, text message or social media post. Because most of our conversations are through a tablet, cellphone or computer, face to face interaction is decreasing. More and more people are isolating themselves and losing the ability or desire to interact with real people in real life. It is becoming easier to go through life with less personal confrontations and conversations. This is a problem because we are social creatures and as human beings, that face to face, in person interaction is necessary. One of the main reasons social media was created was to link up with old friends near and far. In present day times we also use social media to form connections with new people. Through the use of forums and specialized pages on Facebook, you can connect with people who have interests similar to your own that you would not necessarily meet in real life and business connections also. Many people go on to build real friendships and even relationships with people they have met on social media. Only negative to this is that you never really know who you are talking to. Someone can claim to be one person, but in reality are lying to you about their identity the whole time. This has become such a common practice that the term â€Å"catfish† was created. A catfish is a person who invents a persona, or impersonates a person online through social media. There have been situations where people have been lured to meet up with who they’d consider a friend under false pretenses. Getting catfished can put one in a dangerous situation. Facebook, twitter and instagram are all methods used to share your life with others. You’re able to post pictures and type statuses to inform your friends, followers, etc., what you have been up to and how you have been living your life. Adults usually post pictures and statuses focusing on their family, trips and special events in their lives, while the younger generation takes social media a lot more serious. Every moment of their lives are put out there for the world to see, sometimes without the realization. Teenagers on social media are always trying to impress and one up each other. They sometimes post inappropriate material to try to look as cool as possible without realizing that ultimately employers, teachers, parents, law enforcement and strangers all have the ability to see. The problem is once something is on the internet it is there forever, and if caught you can find yourself in major trouble. Often when we’re bored we turn to social media for entertainment. We can check up on family friends or see what the hottest celebrity is up to. Then before we know it, our simple amusement becomes a huge distraction. The amount of people we can connect with on social media is endless and they are all so unique, we can spend an infinite amount of time browsing social media without getting bored. Many people have become addicted to social media and find themselves online way more often than they should. This creates a problem when it comes time to do schoolwork and study and even in the office for some. When trying to tackle tedious tasks, it is easy to get distracted and venture onto Facebook, twitter or Instagram. You may not have the intention to stay on for long, but before you know it hours have passed and no work has gotten done. For social media junkies they may have to turn off their phone and block these websites to focus all their attention on the task at hand and get anything done at all. Endless positive and negative effects of social media affect our society today. On one hand social media creates an easy way to communicate with one another, connect with people on a social and business level, share our lives with others and entertain us when we need it. While on the other hand social media comes with the possibility of causing isolation in many situations, putting ourselves in danger when we don’t know who we’re talking to, causing  trouble for ourselves and distracting us from school and work related tasks. Every person who uses social media needs to set limits for themselves to ensure their experience is much more positive than negative. Once that is completed social media can be used as a tool to do great things.

Long term financing

The capital market you may remember deals with bonds and stocks. Within the capital market there exists both a primary and a secondary market. A primary market is a â€Å"new issues† market. It is here that funds rose through the sale of new securities flow from the buyers of securities to the issuers of securities. In a secondary market, existing securities are bought and sold. Transactions in these already existing securities do not provide additional funds to finance capital investment. A large company typically raises funds both publicly and privately. With a public issue, securities are sold to hundreds and often thousands of investors under a formal contract overseen by federal and state regulatory authorities. A private placement on the other hand, is made to a limited number of investors, sometimes only one, and with considerably less regulation. An example of a private placement might be a loan by a small group of insurance companies to a corporation. Thus, the two types of security issues differ primarily in the number of investors involved and in the regulations governing issuance. When a company opted for expansion, it obviously must be financed. Often the seed money (i.e. the initial financing) comes from the founders and their families and friends. For some companies, this is sufficient to get things launched, and by retaining future earnings they need no more external equity financing. For others infusions of additional external equity are necessary. Venture Capital: venture capital represents funds invested in a new enterprise. Wealthy investors and financial institutions are the major sources of venture capitals. Debt funds are sometimes provided, but it is mostly common stock that is involved. This stock is almost always initially placed privately. Initial Public Offerings: If the enterprise is successful, the owners may want to â€Å"take the company public† with a sale of common stock to outsiders. Often this desire is prompted by venture capitalists, who want to realize a cash return on their investment. In another situation, the founders may simply want to establish a value, and liquidity, for their common stock. Initial Public Offerings are accomplished through underwriters. Bonds: a bond is a long term debt instrument with a final maturity generally being 10 years or more. If the security has a final maturity shorter than 10 years, it is usually called a note. To fully understand bonds, we must be familiar with certain basic terms and common features. Par value for a bond represents the amount to be paid the lender at the bond’s maturity. It is also called face value or principal. Coupon rate is the interest rate on a bond for example a 13% coupon rate indicates that the issuer will pay bondholders $ 130 per annum for every $1000 par value bond that they hold. Bonds almost always have a stated maturity. This is the time when the company is obligated to pay the bondholder the par value of the bond. Preferred stocks: it is a hybrid form of financing, combining features of debt and common stock. In the event of liquidation a preferred stockholder’s claim on assets comes after that of creditors but before that of common stock holders. Usually, this claim is restricted to the par value of the stock, if the par value of a share of preferred stock is $100, the investors will be entitled to a maximum of $100 in settlement of the principal amount. Term loans: commercial banks are a primary source of term financing. Two features of a bank term loan distinguish it from other types of business loans. First, a term loan has a final maturity of more than 1 year. Second it most often represents credit extended under a formal loan agreement. For the most part, these loans are repayable in periodic installments. Quarterly, semiannually, or annual – that covers both interest and principal. Lease financing: a lease is a contract; by its terms the owner of an asset (the lessor) gives another party (the lessee) the exclusive right to use the asset, usually for a specific period of time, in return for the payment of rent. Most of us are familiar with leases of houses, apartments, officers or automobiles. Recent decades have seen an enormous growth in the leasing of business assets, such as cards and trucks, computers, machinery and even manufacturing plants. An obvious advantage, the lessee incurs several obligations. First and foremost is the obligation to make periodic lease payments, usually monthly or quarterly. Almost, the lease contact specifies who is to maintain the asset. The decision to borrow rests on the relative timing and magnitude of cash flows. Under the two financing alternatives, as well as on the discount rate employed. To evaluate whether or not a proposal for financing makes economic sense one should compare the proposal with financing the asset with debt. References Neil Seitz and Mitch Ellison (2004), Capital Budgeting and Long-Term Financing Decisions Richard H. Bernhard, (2005), Capital Budgeting and Long-Term Financing Decisions, 2d ed Robert G. Beaves (2005), Capital Budgeting and Long-Term Financing Decisions. Long Term Financing It offers powerful and intuitively pleasing predictions about how to measure risk and the relation between expected return and risk. The risk in this model comprise of systematic risk means risk undiversifiable risk or market risk. This Model basically takes into account asset’s sensitivity to non-diversifiable risk RE: (Capital asset pricing model From Wikipedia, the free encyclopedia). Earlier pricing models do not reflect changes in financial markets but with the emergence of Financial Pricing Models in form of Capital Pricing Models and Discounted Cash Flow models, changes in financial market, risk and return on individual investment can be easily ascertained RE: ( http://www.business.uiuc.edu/~s-darcy/present/ratemake.ppt#256,1,Ratemaking:   A Financial Economics Approach). CAPM is based on certain assumptions such as investors should be rational, fixed quantity of assets, perfect efficient capital markets, production plans are fixed, no inflation, no change in level of interest rate, similar expectation. However having numerous advantage of this model it is also affected by certain limitations and based on certain assumptions which does not perfectly exists. As it fails to appear adequate variation in stock returns, it assumes that there are no taxes or transaction cost which is not suitable in prevailing market situation. It assumes all assets of fixed quality which can never be possible, every market is not perfectly efficient, it varies on the basis of several factors. Inflation makes direct effect on the interest rate so can it be possible to remain unaffected with such change. In comparison to previous Model, Discounted Cash Flow Model (DCF) helps to determine that what one person is willing to pay today in order to obtain the expected cash flow in future years. In short, it can be said that Discounted cash Flow Model is the method of conversion of futures earning in today’s money. DCFM helps in calculation of cash needed to be invested to receive expected cash flow in future years. The DCFM reflects following Reference:- 1.   The time Value of money means investor must be compensated for the delay of their cash   flow. Risk Premium states that investor can demand high amount in form compensation.   The key inputs in Discounted Cash Flow Model are discount rate, cash flows and growth to get future cash flows. This model helps in determining  Ã‚   the company’s current value according to its estimated future cash flows. DCFM is an important tool in making judgment about company performance. However DCFM are powerful, but they have certain limitations as they are limited to mechanical valuation, small changes in inputs may result in large changes in the value of a company. DCFM are not suitable for short term investment as it focus on long term investing RE: (http://pages.stern.nyu.edu/~adamodar/pdfiles/dcfinput.pdf). So, from the study of both the model it can be concluding that both are suitable at their own place subject to consideration of certain assumption and limitation. The company’s evaluates various debts policy and dividend policy to arrive at final decision so that maximum benefit can be provided to company, shareholder, creditors or other persons. To valuate debts and equities various theories are discussed in connection with the sum of debt or equity needed in the organization. Cost of capital play a very important role in selection of the amount of debt and equity such as cost of debt, cost of preference shares, cost of debentures, cost of common shares etc. Then to identify factors which affect capital structure such as political risk, cash flows, discount rate and terminal value. Calculation of net present value, interest rate of return and adjusted net present value is done to ascertain the suitability of capital budget.   So first, cash flow forecasting is to be done by adopting various principles. Then categorization of cash require is made in form of shorter cash, medium term and long term. Then the capital structure is decided by considering various aspects such as cost of equity capital. Then after having profits the company decide whether whole or part of  Ã‚   profit is distributed. The factors should be considered while taking the decision policy decision. Then procedure for payment of dividend is sketched and then impact of divided is noted on the position of shareholders RE: (http://www.cma-srilanka.org/pub/professionalII.pdf). Hence it is clear from the evaluation of debt/equity mix and dividend policy that how much they are necessary to strengthen company’s position. Therefore it is advisable that there must be judicious mixture of debt and equity that must add value by reducing taxes and strengthening management as too much debt result in heavy loss of business and perhaps a costly organization. REFERENCE Referred to sites:- 1.   http://www.business.uiuc.edu/~s-darcy/present/ratemake.ppt#256, 1, Ratemaking:   A   Financial Economics Approach Ratemaking: A Financial economies Approach 2.   http://www.biu.ac.il/soc/sb/stfhome/lauterbah/794/part6/fama_capm.pdf The Capital Asset Pricing Model: Theory and Evidence Eugene F. Fama and Kenneth R. French 3.   http://www.valuebasedmanagement.net/methods_dcf.html DCF method Discounted Cash Flow 4.   http://www.cma-srilanka.org/pub/professionalII.pdf Internal Control & Risk Management (ICR) Dated 28th August 2007   

Asserting Ethnic Identity and Power Through Language Essay Example for Free

Asserting Ethnic Identity and Power Through Language Essay Week-1 The linguistic ideology at work here is founded both on the concept of the ‘mother tongue’ as well as on the ‘one nation, one language’ principle. Communities on the western side of the border are not interested in learning the language of their eastern neighbors. Eastern communities, on the other hand, are strongly motivated to learn western languages. The importance attributed to English as the ‘language of globalization’ is common to both sides. We can actually say that ‘language’ is a very hot and recurrent issue for some communities: namely the German-speaking community in Bernstein (D), the Czech-speaking community in Vejprty (CS), the German-speaking and Slovenian-speaking communities in Eisenkappel/Z? elezna Kapla (A),etc. The term ‘mother tongue’ is often used – forms the ‘way of thinking’ of its speakers, and thus the different ‘mentalities’ and ‘national characters’ are connected with the use of different languages. Many informants are convinced that it is the ‘mother tongue’ which determines thought, social behavior, and exhibition or control of affection and emotions. Thus the confrontation between languages automatically becomes a clash of mentalities. For example, the German-speaking community in Ba? renstein finds there is a relation between the insurmountable difficulty in pronouncing and learning the Czech language and the incomprehensibility of the words Czech-speaking people produce. People in western communities explain this widespread knowledge by saying that ‘the Others’ need to know my language, because my language is the superior One. We can also find indices of implicit prestige in many interview quotes, like ‘my language is useful to find a job’, ‘my language is more international than theirs’, ‘it represents a symbol of upward social mobility’; ‘the importance of my language forces them to learn it, and in this way they show practical sense, intelligence and cleverness, because they well know that the knowledge of the languages spoken on both sides of the border offers more professional and economic opportunities’. People are not generally interested in learning the language of the ‘Other’, and the reason is, as we have already seen, its ‘uselessness’, or its low value on the ‘language market’. They only learn what they need in their commercial transactions. Europe is a multilingual continent in which the tension between linguistic pluralism and assimilation is quite evident at present. Week-2 The topic for this week was â€Å"Creation of a Sense of Belonging through Language†, which we found very much interesting as we have to present our own explanation, views and thoughts. The topic is about Finland, Iceland and Latvia. Firstly we discussed about Finland that Swedish-speaking people along the coastlines, spoke a non-Scandinavian language, namely Finnish. The Finnish language was to become the most effective medium in the nation-building process as well as the most important criterion in creating an awareness of a collective identity. Language became a defining characteristic towards the ‘outside’ and a communicative driving force on the ‘inside’ within the great diversity of local and regional cultures. We could say that for the process of nation-building in Finland during the 19th century two main deficits had to be overcome: sovereign state structures had to be developed and an individual Finnish national consciousness had to be formed. In the process of spreading a Finnish national consciousness – a development often associated with the term ‘awakening’ as in a religious experience – the main focus was directed towards the common people, their language and culture. Finland’s modest cultural life, Finnish had gained the status of a modern cultural and scientific language. The civil servants, scholars, and many artists, continued to use Swedish as their language of communication and publication. But Finnish steadily gained ground. Many people were already, or became, bilingual. The accusation that Finnish was ‘too primitive’ was defeated by generating new terms, which proved that the language was innovative and possessed the potential for development. In the discussion about Iceland by Halfdanarson. The text tells a story of Icelandic nationalism and the struggle for independence of Iceland under Danish rule. Halfdanarson points out the rare case of Icelandic nationalism, and it’s non-violent nature. In fact, according to the article, both Iceland’s struggle for independence and the Danish reactions to it were both surprisingly pacific in nature, partly because of the idea of shared past and cultural heritage between the two countries. There are certain elements in common with the case study of Iceland and Herder’s text, such as the idea of mystic, shared past of a nation, the role of the single language of a social group forming the nation and so on. I think especially in cases like Iceland, language and linguistic identity have essential role in formation of national identity. Iceland is isolated, both in geographical terms as an island in the middle of Atlantic ocean and in terms of language. Although Icelandic is a language related to scandinavian languages, it still differes from them quite a lot. And lastly There was a question that is it possible to have a single language in whole Europe? We think its not possible to have a single langage in the whole Europe as there are many different countries with their own languages from last hundreds of years. In Europe, People communicate with each other using the shared language of their group. The group might be as small as a couple (married or unmarried partners, twins, mother and daughter etc. who share a ‘private’ language where only they know the meaning of some words) or as large as a nation, where everyone understands the allusions in their shared language (often allusions to shared history, to contemporary events, to media people of fact or fiction etc). The ‘secret’ language of the smallest group and the ‘public’ language of the national group are two ‘varieties’ of the same language. Every social group, large or small, has its own language variety, (regional groups have varieties of the national language (as opposed to regional or minority languages) which are usually called ‘dialects’) and there is overlap among all the varieties. However there is a possibility to use English as a second language as use of English gives a considerable advantage to the 13 % of EU citizens who are native English speakers, and to speakers of closely related languages (German, Dutch, Danish and Swedish), over all other Europeans. Week-3 In the week 3, we learned about ‘Language and subjective identity’. The two articles were on Franz Kafka and Simone de Beauvoir. Franz Kafka was German though he never lived among the Germans. He was then living in Prague, Czech. Hence Kafka knew both Czech & German languages. But, he preferred Czech Language as he was of the view that one could express his/her feeling in a better way in a particular language. In this case, he thought that Czech was a better language than German to express his feelings. Franz Kafka was in love with Czech translator Milena Jesenka. He used to demand Milena to write him letters in Czech language than German. He belived in a approach â€Å"belongs to a language†. When Milena replied his letters in Czech, he believed that Czech was much more affectionate, which removes all the uncertainties, he could see his lover more clearly, the movements of her body, her hands quickly which almost resembled as they both are meeting. This shows how Kafka prefered Czech more than German. Kafka encouraged his favourite sister Ottla in her marriage to Josef David, a Czech Catholic, against the opposition of parents and relatives, and wrote affectionately to his new brother-in-law in fluent Czech. For Prague Jews of Kafka’s generation, language and identity could be painfully dissonant. In Kafka’s case, this dissonance reached deep into his own family, conferring an alien quality on the most intimate of human relationships. Franz Kafka died of tuberculosis in 1924. He is buried beside his parents in the family plot in Prague’s New Jewish Cemetery. Simone de Beauvoir is a French Women. She was French writer, political activist, feminist, and social theorist. She gave her whole life for feminine rights and equality with men in Society. Beauvoir was an outstanding student. She did her postgraduate work at the Ecole Normale Superieure, the top postgraduate program in France, where she met Jean Paul Sartre. When World War II broke out in September 1939, Sartre was called for military service. He became a prisoner of war when the French army surrendered, but he was released and both Beauvoir and Sartre participated in the resistance, and after the Vichy Regime dismissed Beauvoir from her teaching position, she began a novel about the resistance. When the war ended, Beauvoir and Sartre became part of a group of leading French intellectuals, who concerned themselves with the perceived failures of modern French society. they founded Les Temps modernes as a means to explain their social and cultural views. At the same time, Sartre suggested to Beauvoir that she undertake a book on the status of women, and she published, La deuxieme sexe (The Second Sex). This was her most famous, and influential book. It became a sourcebook of modern feminism, particularly in the United States for later feminist thinkers such as Betty Friedan and Gloria Steinem. De Beauvoir used very specific and effective and powerful words to underline her matter. She is willing to deploy language and words towards others, because she knows about â€Å"a manner in which her body and her relation to the world are modified through the action of others than herself†. Asserting Ethnic Identity and Power Through Language. (2016, Oct 22). 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Discuss the view that entrepreneurship is chiefly concerned with Essay

Discuss the view that entrepreneurship is chiefly concerned with wealth creation in a small business context - Essay Example All entrepreneurships share the primary objective of increased profitability, this implies that the entrepreneur must employ every feature possible and manipulate the internal structure of the organization in order to increase its market share thus accumulating more wealth. Small businesses have smaller management structures, which make management easier thus steering the desired growth through wealth creation as discussed in the essay below. Entrepreneurs take risks on a daily basis. In their operations, they seek to increase their market shares thus compelling them to carry out extensive market researches with the view of increasing their operations. Small businesses feel the pressure since they have smaller capitals but have the desire to increase their capital bases through heightened wealth creation. To achieve such, most small businesses diversify their operations thus spreading their risks across several industries. Most small business suffers from uncertainty, by diversifying their operations and products they venture into different industries and markets thus retain a portion of every market. With such an operation, the businesses have a surety of an excellent performance in at least an industry thus cushioning the rest from possible loses. The uncertainty and the lack of adequate capital thus compel small entrepreneurs to view entrepreneurship as concerned with wealth creation. Bigger companies have well-structured decision-making organs and make decisive decision on their investments. Additionally, such businesses enjoy larger market shares and larger capital bases. They can therefore take risks and gamble with their investments. Such are the luxuries that smaller businesses do not enjoy. Smaller entrepreneurs approach the practice with the view of making more money and saving as much of it as possible. While a big business like Wells Fargo in the United Kingdom can decide to venture into real estate, a smaller business owned by a sole proprietor may not since such individuals lack adequate capital and may not dare risk their small capital on such a precarious industry. This depicts the inability of smaller businesses to carry out effective market research and capital drives. Big businesses use their money to create more capital while smaller businesses save up their profit in the process of capital accumulation and wealth creation (Peter, 1994). Management, a fundamental operational feature in businesses refers to the coordination of the people concerned in order to realize a set of goals and objectives. The management of small businesses is less coordinated owing to their small structures. Big businesses on the other hand have effectively coordinated structures and therefore make informed investment decisions less likely to incur losses. In a small business context, management is reduced to a one-person affair. Management in an organization comprises staffing, controlling, planning and organizing the activities in a business organization. The functions are all vital in the achievement of the objectives of the business (Homburg, Sabine & Harley, 2009). To big businesses, such functions are well coordinated by professionals who make effective decisions concerning the attainment of the organizational goals. Big organizations have elaborate structures and may not always benefit an individual. In such organizations, the longevity of the business and its sustained profitability is always of more importance

Project Reflective Report Essay Example | Topics and Well Written Essays - 2000 words

Project Reflective Report - Essay Example This reflective paper will seek to discuss our business idea, particularly how it was conceived and how the group will communicate the idea to collaborators and potential clients. The group includes Jet who is a philosopher and photographer, Nathan, a businessman with interests in art and design, and me, a producer, singer, and artist. Us being a collective with interests in arts, it was our aim to create an idea, which was reflective of our creativity and interests. Following extensive discussions and research about various business projects in arts, we settled on holding a paint pot party, of which the main idea revolved around, creating a party for students to come together, socialize, drink, listen to music and paint freely. In addition, the arts party would involve students from all courses in Newcastle, rather than just arts-based programs, aiming at a messy, fun, and entertaining night that would encourage creativity. The idea for this project was informed by Paint Jam London, which provides themed arts parties for an array of clients. As a group, we came together to study learn from Paint Jam London, conducting research on their business, following which we all combined our ideas. We were especially drawn to this company because it is designed to activate its client’s imagination and to inspire them. Just as we plan with our project, the company seeks to use creative free flow to open artistic techniques to all who want to produce unique artwork. From researching on Paint jam London, we also learnt about the importance corporate social responsibility, which provides a bridge that will help the business support the communities they come from. It is something that we will most certainly integrate in our future company. After collecting information about possible project ideas and being inspired by the Paint Jam London Model, we settled on