Assignment 1: Forming an Innovative Business
Due Week 4 and worth 260 points
Go to the Wall Street Journal’s Website and read “And the Most Innovative Entrepreneur Is...”,
located here
. After reading the article, conceive an innovative idea for a new product or service. Imagine that you are going to start a business that offers that product or service.
Write a six to eight (6-8) page paper in which you:
Briefly describe your innovative idea.
Determine the business structure that would be the best choice for your venture. Support your decision.
Create an outline of the stages in the entrepreneurial process that you would need to follow when starting this business. Determine the resources and tools you would need to be successful at each stage.
Determine the market for your innovative idea. Include details on regarding your potential customers, the predicted size of the market, and the competitors that already exist in the marketplace.
Create an action plan that describes how you would overcome any foreseen barriers to your venture’s success.
Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Analyze the stages in the entrepreneurial process.
Examine the process of innovating and developing ideas and business opportunities.
Analyze different innovative business models to determine the best model for a specific venture.
Analyze the market, customers, and competition of entrepreneurs.
Examine the process of developing a business plan and setting up the company.
Use technology and information resources to research issues in entrepreneurship.
Write clearly and concisely about entrepreneurship using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric found
Here s the article if your not able to open it:
And the Most Innovative Entrepreneur Is...
The winner of The Wall Street Journal's small-business innovation competition thrived during the downturn by finding a new direction—and new markets
By
Sarah E. Needleman, Vanessa O'Connell, Emily Maltby and Angus Loten
November 14, 2011
Imagine this. You're coming off the best year in your company's history, with record sales and seemingly smooth sailing ahead.
Then the industry implodes. Your sales drop 7.
The document should be double-spaced, using Arial font #12. • Ad.docxarnoldmeredith47041
The document should be double-spaced, using Arial font #12. •
Add any Appendices at the end of the Word document. •
• Your reference sources, in addition to the base case and question sets, should be online sites and articles, •
Turnitin, a software tool that improves writing and prevents plagiarism, will be used to assess your sourcing of information. Do your own work. Please read the instructions carefully before beginning to answer the questions.
FINANCE
Please answer the questions below. Use either the Bloomberg terminals located at the Feliciano School of Business or other reputable sources such as the SEC website, finance.yahoo.com, Compustat, morningstar.com or Wall Street Journal etc. for the financial data you use in your answers. You need to provide the references regarding the financial data you use to support your answers at the end of the finance portion of the term paper.
Questions: 1. Expanding the number of stores in a foreign market, such as the expansion plan launched by Starbucks in China (announced in 2018), is a major capital budgeting project. A project of this scale requires coordinated planning across all functions of a business that you are studying in your Integrated Core classes. Choose and discuss three items on the income statement and balance sheet (a total of six items) that you think this new undertaking will effect. Explain why you chose those particular items, and how the marketing, management and operations decisions of the company will affect them.
2. Choose and calculate three ratios for Starbucks for the last two years. Make sure to select ratios that you think that expanding into a new market will effect, and explain your reasoning. Identify a competitor of Starbucks and contrast these three ratios for the two companies. Explain why you selected this competitor. Describe how the decisions made by management, marketing and operations functions of the company can impact, and hopefully improve, the components of firm operations that these financial ratios measure.
3. Explain how the financial decisions regarding opening a new store are related to management, marketing or operations decisions that the company must make (or has made)?
Marketing:
Listed below you will find some WEAKNESSES and THREATS for Starbucks, read them carefully then proceed to answer the questions that follow:
Starbuck Weakness:
1) Customers not willing to wait in long lines at stores during morning rush hour and lunch hour.
2) Coffee dominant business with a poor reputation for creativity around new product and companion product development.
3) Too dependent on word of mouth to create brand awareness.
Starbucks Threats:
1) Better value offered by local coffee house shops and national companies like Dunkin Donuts and McDonalds McCafe.
2) Downturn in the economy can decrease customer traffic and spending.
• • • • • PART I : MARKETING ASSIGNMENT QUESTIONS
.
Start Innovating Already: 13 Poisons to Open InnovationLisa Thorell
An somewhat irreverant intro to Open Innovation for advanced beginners. The presentation discusses 13 poisons (and their antidotes) to Open Innovation.
Companies covered include AirBNB, Best Buy, LudoBites,Netflix, NPR, Starbucks, Saatchi & Saatchi, RelayRides and Threadless.
The way businesses need to organize and behave has fundamentally shifted. Across industries, companies, and organizational functions, we have heard many of the world’s most innovative companies echo the same challenge: businesses must urgently embrace a more nimble and entrepreneurial approach in order to stay competitive. We call this challenge of how big companies can leverage scale while staying innovative “big entrepreneurship.” This report aims to deconstruct some of the complex challenges around big entrepreneurship and provide actionable insights for business leaders.
This report was created by Fahrenheit 212, a global innovation strategy and design firm. We define innovation strategies and develop new products, services, and experiences that create sustainable, profitable growth for our clients. We challenge the belief that innovation is inherently unreliable and have spent the last decade designing the method, building the model, and assembling the minds to make innovation a predictable driver of growth for our clients' businesses.
Who Will Be the Rock Stars of Corporate Sustainability?Victoria Zelin
This article was written in January, 2010, based on my presentation at the conference, Science, Wisdom, and the Future: Humanity's Quest for a Flourishing Earth in 2009. Published as a book of the same name in 2012 by Collins Foundation Press as a compilation of essays by scientists, philosophers, economists, educators, activists, artists and business people.
http://www.collinsfoundationpress.com/
The document should be double-spaced, using Arial font #12. • Ad.docxarnoldmeredith47041
The document should be double-spaced, using Arial font #12. •
Add any Appendices at the end of the Word document. •
• Your reference sources, in addition to the base case and question sets, should be online sites and articles, •
Turnitin, a software tool that improves writing and prevents plagiarism, will be used to assess your sourcing of information. Do your own work. Please read the instructions carefully before beginning to answer the questions.
FINANCE
Please answer the questions below. Use either the Bloomberg terminals located at the Feliciano School of Business or other reputable sources such as the SEC website, finance.yahoo.com, Compustat, morningstar.com or Wall Street Journal etc. for the financial data you use in your answers. You need to provide the references regarding the financial data you use to support your answers at the end of the finance portion of the term paper.
Questions: 1. Expanding the number of stores in a foreign market, such as the expansion plan launched by Starbucks in China (announced in 2018), is a major capital budgeting project. A project of this scale requires coordinated planning across all functions of a business that you are studying in your Integrated Core classes. Choose and discuss three items on the income statement and balance sheet (a total of six items) that you think this new undertaking will effect. Explain why you chose those particular items, and how the marketing, management and operations decisions of the company will affect them.
2. Choose and calculate three ratios for Starbucks for the last two years. Make sure to select ratios that you think that expanding into a new market will effect, and explain your reasoning. Identify a competitor of Starbucks and contrast these three ratios for the two companies. Explain why you selected this competitor. Describe how the decisions made by management, marketing and operations functions of the company can impact, and hopefully improve, the components of firm operations that these financial ratios measure.
3. Explain how the financial decisions regarding opening a new store are related to management, marketing or operations decisions that the company must make (or has made)?
Marketing:
Listed below you will find some WEAKNESSES and THREATS for Starbucks, read them carefully then proceed to answer the questions that follow:
Starbuck Weakness:
1) Customers not willing to wait in long lines at stores during morning rush hour and lunch hour.
2) Coffee dominant business with a poor reputation for creativity around new product and companion product development.
3) Too dependent on word of mouth to create brand awareness.
Starbucks Threats:
1) Better value offered by local coffee house shops and national companies like Dunkin Donuts and McDonalds McCafe.
2) Downturn in the economy can decrease customer traffic and spending.
• • • • • PART I : MARKETING ASSIGNMENT QUESTIONS
.
Start Innovating Already: 13 Poisons to Open InnovationLisa Thorell
An somewhat irreverant intro to Open Innovation for advanced beginners. The presentation discusses 13 poisons (and their antidotes) to Open Innovation.
Companies covered include AirBNB, Best Buy, LudoBites,Netflix, NPR, Starbucks, Saatchi & Saatchi, RelayRides and Threadless.
The way businesses need to organize and behave has fundamentally shifted. Across industries, companies, and organizational functions, we have heard many of the world’s most innovative companies echo the same challenge: businesses must urgently embrace a more nimble and entrepreneurial approach in order to stay competitive. We call this challenge of how big companies can leverage scale while staying innovative “big entrepreneurship.” This report aims to deconstruct some of the complex challenges around big entrepreneurship and provide actionable insights for business leaders.
This report was created by Fahrenheit 212, a global innovation strategy and design firm. We define innovation strategies and develop new products, services, and experiences that create sustainable, profitable growth for our clients. We challenge the belief that innovation is inherently unreliable and have spent the last decade designing the method, building the model, and assembling the minds to make innovation a predictable driver of growth for our clients' businesses.
Who Will Be the Rock Stars of Corporate Sustainability?Victoria Zelin
This article was written in January, 2010, based on my presentation at the conference, Science, Wisdom, and the Future: Humanity's Quest for a Flourishing Earth in 2009. Published as a book of the same name in 2012 by Collins Foundation Press as a compilation of essays by scientists, philosophers, economists, educators, activists, artists and business people.
http://www.collinsfoundationpress.com/
One first-timers learnings from the Sustainable Brands conference 2013, San Diego. A "Sustainability 101" for the uninitiated or those looking for a refresh.
Starbucks Corp. is betting its future on its coffee shops.To do .docxsusanschei
Starbucks Corp. is betting its future on its coffee shops.
To do that, the Seattle-based company has removed a distraction by selling the rights to offer its coffee and tea in grocery and retail stores to Nestle SA for more than $7 billion.
Coffee sellers from Dunkin' Brands Group Inc. to McDonald's Corp. have crowded supermarket shelves with branded bags of ground and roasted beans. Starbucks products will give Switzerland-based Nestle a bigger stake in that fight without having to introduce a new brand to U.S. consumers.
For Starbucks, the consumer packaged-goods business generated $1.8 billion in revenue in fiscal 2017, just 8% of Starbucks's total.
"While consumer packaged goods is an important and highly profitable business, it's small," said Michael Schaefer, head of Euromonitor's global food and beverage practice.
Sales have been slowing at Starbucks coffee shops in the U.S. as mall traffic declines and competition increases. Starbucks has opened higher-end stores under brands called Roastery and Reserve to compete with independent coffee shops and small chains that have grabbed sales from customers willing to pay more for specialty drinks and pastries. There are nearly 33,000 coffee shops in the U.S., according to market-research firm Mintel, up 16% from five years ago.
Starbucks also wants to open more coffee shops in China, a market the Seattle-based company said will eventually overtake the U.S. as its largest. The company recently opened its first Roastery store in Shanghai.
Retail operations in the U.S. and China "are our two big growth engines," Starbucks Chief Executive Kevin Johnson told investors on a call about the deal Monday.
Starbucks has dropped other ancillary businesses recently to focus on its coffee shops. Last fall, Starbucks sold its Tazo tea brand to Unilever for $384 million. The company recently closed its mall-based Teavana tea stores because of weak traffic.
Starbucks shares fell 23 cents to $57.45 on Monday. Nestle stock rose 1.6%.
The deal gives Starbucks an upfront infusion of cash that it plans to return to shareholders through share buybacks. Starbucks said it planned to give $20 billion to shareholders over three years in buybacks and dividends. That might assuage some shareholder concerns as Starbucks works to boost sales growth.
Nestle said it would pay Starbucks $7.15 billion as well as continuing royalties on all sales. Mr. Johnson said the partnership will raise familiarity with the Starbucks brand by getting its ground and whole bean coffee into international markets where it isn't currently sold.
Nestle hopes more coffee sales can offset flagging sales of some of its other packaged-food businesses. As part of the Starbucks deal, Nestle will add Starbucks Reserve, Seattle's Best Coffee and Teavana to a portfolio that includes the Nescafe and Nespresso brands. Nestle will also manage the business of distributing Starbucks K-Cups, the single-serve coffee pods used in Keurig brewers in North America.
.
Stacking the Odds for Success: A Six-Stage Process to Articulate and Promote Your Entrepreneurial Idea
Jon Obermeyer
Jon Obermeyer, Director of External Education and Outreach at Wake Forest University Institute for Regenerative Medicine, and former CEO of the Piedmont Triad Entrepreneurial Network (PTEN), will be our dynamic lunchtime speaker providing us with a toolkit for developing entrepreneurial ideas.
Entrepreneurs seeking venture capital follow a standard format for attracting outside investment, using six topic areas to describe concisely and compellingly the viability of a new product or service. This same process can be used for library professionals to articulate and promote their innovative concept to peers, administrators and strategic partners. Return-on-investment for this session will include an understanding of what makes a new idea compelling and more likely to be successful in execution, as well as a one-page template participants can use following the conference.
Meet the 95 entries to the 2015 North American Corporate Entrepreneur Awards. Split into 5 categories - Best New Product, Best New Service, Best New Venture, Best Innovation Program and Social Impact.
Including winners from Adobe, Alaska Airlines, Pearson, Western Union, Xerox, New York City Football Club and NBC News.
1
2
Corporate Entrepreneurship
Damascus Johnson
Corporate Entrepreneurship
Question 1
Procter & Gamble is an American international company that was established in 1837. William Procter and James Gamble are credited with establishing the company in Cincinnati, Ohio, in the United States. The business manufactures and sells hygiene and cosmetics items like Gillette razors, Pampers diapers, and Gain fabric softener. Businesses around the world recognize and embrace entrepreneurship for its capacity to spark productivity, ensure sustainability, and secure a competitive edge. The effective distribution of its commodities is one of the many capabilities that Procter and Gamble possesses as an entrepreneurial force. Through the use of distribution centers owned by the company as well as third-party distribution partners, the business makes certain that its goods are available in sufficient quantities on the market (Kuratko, 2017). Additionally, it has been successful in incorporating powerful consumer brands into its portfolio. For the vast majority of customers, the firm's products, such as Pampers and Downy fabric conditioners, are now household names thanks to the effective branding that the company has implemented. As a result, the company has been able to maintain its lead over its rivals. To capitalize on this potential, the company has created new goods that fit current consumer needs. Another entrepreneurship strength of the organization is its deployment of global scale activities, which has resulted in high productivity and effectiveness significant to its global structure.
Question 2
Procter & Gamble has instituted policies to expand both corporate value creation and entrepreneurial endeavors. Being proactive is one of the company's strategies. To identify this component, consider its dedication to acquiring cutting-edge technologies that aid in developing products in response to consumer needs and gaps in the market (Singh, 2016). The corporation has also begun to embrace innovation. Customers are happy because the company values their input and actively works to meet their demands, a goal they have reached through promoting creativity among employees. Using tried-and-true market research methods like customer surveys and focus groups, the company has been able to create innovative goods that are both profitable and popular. For a project to succeed, innovators need to be willing to work together and share their perspectives. Procter & Gamble has worked hard to become a more productive corporation by consistently turning out high-quality goods while keeping costs down. To lower selling prices, it is aiming to increase localisation in the supply chain. By bringing the production of goods and materials closer to where they are consumed, the corporation can save money on transportation costs. It gives the company an advantage over rivals in terms of introducing items that satisfy customer needs first.
Question 3
The .
Assignment 1: Research Guidelines
Student`s name
Institution
Assignment 1: Research Guidelines
(A) My Purpose (research question) ( /5 pts)
My research question is: Is there a correlation between stress and job satisfaction?
I chose this topic because it represents one of the most important factors that influence a person’s beliefs and attitudes. Both variables have cognitive and behavioral aspects.
(B) All About GSS 2016 data ( /5 pts)
1. Who are the participants? They are a population of people who are 18 years and above living in a household in the United States. They are English and Spanish speakers and they have not moved out of the United States.
2. What population does the sample represent? It represents 50,000 households.
3. Who is funding the research? National science foundation
4. When was the data collected? It was collected in 2016
5. How was the data collected? It was obtained in face to face interviews and through computer-assisted personal interviewing (CAPI)
(C) Variables (You are expected to have only one dependent variable (DV) and one or two independent variables (IV). ( /10 pts)
IV Variable name in SPSS: Stress
IV Question (as asked to the respondent verbatim): how often do you find work stressful?
IV Answer categories: “Always =1 “,” Often =2 “,Sometimes =-3”, “ Hardly ever = 4 “, and “Never = 5”.
IV Level of Measurement (nominal, ordinal, interval/ratio): Ordinal
DV variable name in SPSS: jobs the
DV Question (as asked to the respondent verbatim) Is there a correlation between stress and job satisfaction?”
DV Answer categories: “Very satisfied = 1”, “Moderately satisfied = 2” , “ A little dissatisfied= “, and “very dissatisfied = 5“.
DV Level of Measurement (nominal, ordinal, interval/ratio): Ordinal
(D) Frequency Tables ( /10 pts)
Stress
Frequency
Percent
Valid Percent
Cumulative Percent
Valid
ALWAYS
96
10.3
10.3
10.3
OFTEN
207
22.2
22.2
32.5
SOMETIMES
467
50.1
50.1
82.6
HARDLY EVER
130
13.9
13.9
96.6
NEVER
32
3.4
3.4
100.0
Total
932
100.0
100.0
According to the analysis from the frequency table above, it is clear that 50.1% of the respondents express the idea that they sometimes find work stressful. However, those who never find work stressful constitute the smallest percentage with only 3.4 %, while those who express the idea that they always find work stressful hold 10.3 %. This implies that there are many people who find work stressful than those who are always happy at work.
Job description
Job satisfaction
Frequency
Percent
Valid Percent
Cumulative Percent
Valid
Very satisfied
118
40.1
40.1
40.1
Moderately satisfied
134
45.6
45.6
85.7
A little dissatisfied
32
10.9
10.9
96.6
Very dissatisfied
10
3.4
3.4
100.0
Total
294
100.0
100.0
Out of 294 respondents, 134 (45%) are moderately satisfied with their job. Those who express high job satisfaction constitute 40.1% of the total respondents, while those who indicated high jo.
Assignment 1 Research any case based on an illegally obtained c.docxfelicitytaft14745
Assignment 1: Research any case based on an illegally obtained confession
IRAC the case (as previously discussed)
Discuss the Constitutional arguments which arise in this case.
3 pages minimum in length
*Size 12 Times New Roman and double spaced.
.
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One first-timers learnings from the Sustainable Brands conference 2013, San Diego. A "Sustainability 101" for the uninitiated or those looking for a refresh.
Starbucks Corp. is betting its future on its coffee shops.To do .docxsusanschei
Starbucks Corp. is betting its future on its coffee shops.
To do that, the Seattle-based company has removed a distraction by selling the rights to offer its coffee and tea in grocery and retail stores to Nestle SA for more than $7 billion.
Coffee sellers from Dunkin' Brands Group Inc. to McDonald's Corp. have crowded supermarket shelves with branded bags of ground and roasted beans. Starbucks products will give Switzerland-based Nestle a bigger stake in that fight without having to introduce a new brand to U.S. consumers.
For Starbucks, the consumer packaged-goods business generated $1.8 billion in revenue in fiscal 2017, just 8% of Starbucks's total.
"While consumer packaged goods is an important and highly profitable business, it's small," said Michael Schaefer, head of Euromonitor's global food and beverage practice.
Sales have been slowing at Starbucks coffee shops in the U.S. as mall traffic declines and competition increases. Starbucks has opened higher-end stores under brands called Roastery and Reserve to compete with independent coffee shops and small chains that have grabbed sales from customers willing to pay more for specialty drinks and pastries. There are nearly 33,000 coffee shops in the U.S., according to market-research firm Mintel, up 16% from five years ago.
Starbucks also wants to open more coffee shops in China, a market the Seattle-based company said will eventually overtake the U.S. as its largest. The company recently opened its first Roastery store in Shanghai.
Retail operations in the U.S. and China "are our two big growth engines," Starbucks Chief Executive Kevin Johnson told investors on a call about the deal Monday.
Starbucks has dropped other ancillary businesses recently to focus on its coffee shops. Last fall, Starbucks sold its Tazo tea brand to Unilever for $384 million. The company recently closed its mall-based Teavana tea stores because of weak traffic.
Starbucks shares fell 23 cents to $57.45 on Monday. Nestle stock rose 1.6%.
The deal gives Starbucks an upfront infusion of cash that it plans to return to shareholders through share buybacks. Starbucks said it planned to give $20 billion to shareholders over three years in buybacks and dividends. That might assuage some shareholder concerns as Starbucks works to boost sales growth.
Nestle said it would pay Starbucks $7.15 billion as well as continuing royalties on all sales. Mr. Johnson said the partnership will raise familiarity with the Starbucks brand by getting its ground and whole bean coffee into international markets where it isn't currently sold.
Nestle hopes more coffee sales can offset flagging sales of some of its other packaged-food businesses. As part of the Starbucks deal, Nestle will add Starbucks Reserve, Seattle's Best Coffee and Teavana to a portfolio that includes the Nescafe and Nespresso brands. Nestle will also manage the business of distributing Starbucks K-Cups, the single-serve coffee pods used in Keurig brewers in North America.
.
Stacking the Odds for Success: A Six-Stage Process to Articulate and Promote Your Entrepreneurial Idea
Jon Obermeyer
Jon Obermeyer, Director of External Education and Outreach at Wake Forest University Institute for Regenerative Medicine, and former CEO of the Piedmont Triad Entrepreneurial Network (PTEN), will be our dynamic lunchtime speaker providing us with a toolkit for developing entrepreneurial ideas.
Entrepreneurs seeking venture capital follow a standard format for attracting outside investment, using six topic areas to describe concisely and compellingly the viability of a new product or service. This same process can be used for library professionals to articulate and promote their innovative concept to peers, administrators and strategic partners. Return-on-investment for this session will include an understanding of what makes a new idea compelling and more likely to be successful in execution, as well as a one-page template participants can use following the conference.
Meet the 95 entries to the 2015 North American Corporate Entrepreneur Awards. Split into 5 categories - Best New Product, Best New Service, Best New Venture, Best Innovation Program and Social Impact.
Including winners from Adobe, Alaska Airlines, Pearson, Western Union, Xerox, New York City Football Club and NBC News.
1
2
Corporate Entrepreneurship
Damascus Johnson
Corporate Entrepreneurship
Question 1
Procter & Gamble is an American international company that was established in 1837. William Procter and James Gamble are credited with establishing the company in Cincinnati, Ohio, in the United States. The business manufactures and sells hygiene and cosmetics items like Gillette razors, Pampers diapers, and Gain fabric softener. Businesses around the world recognize and embrace entrepreneurship for its capacity to spark productivity, ensure sustainability, and secure a competitive edge. The effective distribution of its commodities is one of the many capabilities that Procter and Gamble possesses as an entrepreneurial force. Through the use of distribution centers owned by the company as well as third-party distribution partners, the business makes certain that its goods are available in sufficient quantities on the market (Kuratko, 2017). Additionally, it has been successful in incorporating powerful consumer brands into its portfolio. For the vast majority of customers, the firm's products, such as Pampers and Downy fabric conditioners, are now household names thanks to the effective branding that the company has implemented. As a result, the company has been able to maintain its lead over its rivals. To capitalize on this potential, the company has created new goods that fit current consumer needs. Another entrepreneurship strength of the organization is its deployment of global scale activities, which has resulted in high productivity and effectiveness significant to its global structure.
Question 2
Procter & Gamble has instituted policies to expand both corporate value creation and entrepreneurial endeavors. Being proactive is one of the company's strategies. To identify this component, consider its dedication to acquiring cutting-edge technologies that aid in developing products in response to consumer needs and gaps in the market (Singh, 2016). The corporation has also begun to embrace innovation. Customers are happy because the company values their input and actively works to meet their demands, a goal they have reached through promoting creativity among employees. Using tried-and-true market research methods like customer surveys and focus groups, the company has been able to create innovative goods that are both profitable and popular. For a project to succeed, innovators need to be willing to work together and share their perspectives. Procter & Gamble has worked hard to become a more productive corporation by consistently turning out high-quality goods while keeping costs down. To lower selling prices, it is aiming to increase localisation in the supply chain. By bringing the production of goods and materials closer to where they are consumed, the corporation can save money on transportation costs. It gives the company an advantage over rivals in terms of introducing items that satisfy customer needs first.
Question 3
The .
Assignment 1: Research Guidelines
Student`s name
Institution
Assignment 1: Research Guidelines
(A) My Purpose (research question) ( /5 pts)
My research question is: Is there a correlation between stress and job satisfaction?
I chose this topic because it represents one of the most important factors that influence a person’s beliefs and attitudes. Both variables have cognitive and behavioral aspects.
(B) All About GSS 2016 data ( /5 pts)
1. Who are the participants? They are a population of people who are 18 years and above living in a household in the United States. They are English and Spanish speakers and they have not moved out of the United States.
2. What population does the sample represent? It represents 50,000 households.
3. Who is funding the research? National science foundation
4. When was the data collected? It was collected in 2016
5. How was the data collected? It was obtained in face to face interviews and through computer-assisted personal interviewing (CAPI)
(C) Variables (You are expected to have only one dependent variable (DV) and one or two independent variables (IV). ( /10 pts)
IV Variable name in SPSS: Stress
IV Question (as asked to the respondent verbatim): how often do you find work stressful?
IV Answer categories: “Always =1 “,” Often =2 “,Sometimes =-3”, “ Hardly ever = 4 “, and “Never = 5”.
IV Level of Measurement (nominal, ordinal, interval/ratio): Ordinal
DV variable name in SPSS: jobs the
DV Question (as asked to the respondent verbatim) Is there a correlation between stress and job satisfaction?”
DV Answer categories: “Very satisfied = 1”, “Moderately satisfied = 2” , “ A little dissatisfied= “, and “very dissatisfied = 5“.
DV Level of Measurement (nominal, ordinal, interval/ratio): Ordinal
(D) Frequency Tables ( /10 pts)
Stress
Frequency
Percent
Valid Percent
Cumulative Percent
Valid
ALWAYS
96
10.3
10.3
10.3
OFTEN
207
22.2
22.2
32.5
SOMETIMES
467
50.1
50.1
82.6
HARDLY EVER
130
13.9
13.9
96.6
NEVER
32
3.4
3.4
100.0
Total
932
100.0
100.0
According to the analysis from the frequency table above, it is clear that 50.1% of the respondents express the idea that they sometimes find work stressful. However, those who never find work stressful constitute the smallest percentage with only 3.4 %, while those who express the idea that they always find work stressful hold 10.3 %. This implies that there are many people who find work stressful than those who are always happy at work.
Job description
Job satisfaction
Frequency
Percent
Valid Percent
Cumulative Percent
Valid
Very satisfied
118
40.1
40.1
40.1
Moderately satisfied
134
45.6
45.6
85.7
A little dissatisfied
32
10.9
10.9
96.6
Very dissatisfied
10
3.4
3.4
100.0
Total
294
100.0
100.0
Out of 294 respondents, 134 (45%) are moderately satisfied with their job. Those who express high job satisfaction constitute 40.1% of the total respondents, while those who indicated high jo.
Assignment 1 Research any case based on an illegally obtained c.docxfelicitytaft14745
Assignment 1: Research any case based on an illegally obtained confession
IRAC the case (as previously discussed)
Discuss the Constitutional arguments which arise in this case.
3 pages minimum in length
*Size 12 Times New Roman and double spaced.
.
Assignment 1 Requirements For your first assignment you a.docxfelicitytaft14745
Assignment 1 Requirements
For your first assignment you are required to summarize a recent article. Your article
summary should relate to the material covered in your textbook. In the back of your book,
there is a glossary of key terms that appear in the text. Your article summary should
correspond to key concepts discussed in chapters 1 through 9.
Here is what you need to do for this activity:
* Find an article in one of the resources listed on the syllabus (Wall Street Journal,
Business Week, Economist and American Banker) that relates to these chapters. It needs to
be a recent article (no older than November 2018).
* Summarize the article and list its association to specific chapter material or concepts in
your textbook. State the reason(s) for your selection.
* Provide a definition for the specific concept discussed in your selected article. For
example, if the article discusses securitization you should include its definition:
securitization is setting aside a group of income earning assets and issuing securities
against them in order to raise new funds.
* List some important points or lessons learned from this article.
* Provide a full copy of the article (links are not acceptable).
A sample article has been posted in the “Assignment 1 Dropbox” in the Assignments
area.
Article Title and Date of the Article
Why the ABA Got Hacked — and What It Means for Banks
American Banker October 2, 2015
Summary: The ABA (American Bankers Association) announced that its website had
been hacked, resulting in access to 6,400 users' email addresses and passwords. This is
the first breach ever for the ABA. Although it has been targeted in the past, this time
hackers got away with user passwords and IDs. The hackers targeted the shopping cart
with a likely motive of also accessing user credit card information. The hackers were able
to get away with email addresses and passwords to try and use them in other websites like
Amazon or airline sites. The ABA strongly recommends that if users use the same
passwords for other sites to change their passwords immediately. The true motives
behind the ABA breach may never be known. "We only hear about the really high-profile
cases," Hayes said. "Everybody is being breached and this is happening on a daily basis."
Association to specific chapter material and concepts
4.10 Banking in Homes, Offices, Stores, and on the Street
Chapter 4 covers the establishment of new banks, branches, ATMs, telephone services
and websites. Included in this chapter is a section on Internet Banking, the challenges in
providing Internet services and customer privacy and security considerations.
Concepts
Internet Banking – the offering of information and selected services through the
World Wide Web by banks and other financial service firms.
American Bankers Association – a trade group that represents financial institutions
of different charters and asset s.
Assignment 1 Reflections on Race and RacializationThis assignme.docxfelicitytaft14745
Assignment 1: Reflections on Race and Racialization
This assignment asks you to produce
2 double-spaced pages
of writing in which you share your beliefs, experiences, questions, suggestions, and/or reactions to issues of issues of race and racialization covered thus far in the lectures, sections, readings, and videos. This write-up
must have a descriptive title
(a specific title that captures its contents), but otherwise can be presented however you like.
For example, it could be written as a reflection essay, a short autobiographical sketch, a journal entry, a social media post, a letter to a friend, or another style
so long as what you submit addresses the basic prompt
. It does not need to be formal and is not intended to take overly long to write. It is, however, intended to foster critical reflection on your part, and must be informed by ideas from the course. (It is fine to disagree with ideas presented in course lectures or readings; however, you should write about these ideas in a way which clarifies that you know what those course materials have stated, and that you are asserting a different opinion.) If you cite specific sources (not required), you should include citations following one of the major citational styles.
.
Assignment 1 Protecting the Environment Training in Environmenta.docxfelicitytaft14745
Assignment 1: Protecting the Environment: Training in Environmental Law in Indonesia
Due Week 9 and worth 130 points
Read the article titled “Lessons learned from the Indonesia Australia Specialised Training Project, Environmental Law and Enforcement”. This case study describes a 12-week “Environmental Law and Enforcement” workshop the International Development Law Organization (IDLO) held in Sydney, Australia for a group of 18 Indonesian, judges, prosecutors, environmental law enforcement officers, and environmental non-government organizations’ lawyers. Thoroughly review this case study and the challenges posed to global educators contained within this case study. Concentrate on the leadership skills that will be needed to create and maintain educational opportunities in this stricken community for students of all ages and for all subject areas.
Write a 4-6 page paper in which you:
1. Differentiate between global and multicultural education and how each was exemplified in this example.
2. Speculate on the salient manner in which the environmental law and enforcement workshop could possibly prepare its attendees to address the myriad of unique challenges that the Indonesian context might pose. Justify your response.
3. Hypothesize the extent to which instructional interventions would reduce future degradation of Indonesia’s environment. Provide justification for your hypothesis.
4. Prepare an argument that convinces government officials to educate local citizens and lawmakers each to prevent future damage to the environment and provide strategies for improving enforcement of environmental law. Provide support for your argument.
Your assignment must:
· Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
· Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
.
Assignment 1: Project Proposal4
Assignment 1: Project Proposal
Mark McLeod
BUS419 – Project Estimating & Budgeting
Dr. Carlos J Febry
Date:4/19/19
Selected project
The selected project will involve the development of an information system for the general management of the Mundi Hospital. The main aim of the system will be to establish the desired efficiency, manage human resources, manage patient’s records with ease as well as automate finance department of the Hospital. By implementing the proposed project, the hospital will have aligned the operations of the hospital towards achieving the set goals and objectives.
Project goals and objectives
One of the goals of the proposed information system will be reducing the wait time from hours to forty-five minutes upon signing into the hospital. The goal will be achieved through with the help of the following objectives:
· Faster determination of patient’s requirements
· Easier scheduling of patients appointments
· The system does the faster appointment schedule
The second goal of the system will be facilitating easier financial management. The goal will be achieved through the following objective
· To establish faster payments for the services offered
· Faster generation of financial reports trends
· Easier tracking of transaction made by the hospital
The last goal that Mundui Hospital wishes to achieve through the system is the efficient management of human resources. The goal will be achieved through the fowling objectives
· Monitoring of employees performance
· Manage employees affairs such as promotions and salaries
Key project customers and stakeholders
Project stakeholders involve all the parties that will be impacted by the new system during the development and implementation of the project. The critical project customers for the Mundui hospital Information will be the patients as well as the hospital staff. The system will help hospital staff to manage to perform their duties within the stipulated time frame thus reducing the wait time for the patients. Patients will also rely on the system to determine their wait time to see a doctor or time taken to receive any service needed within Mundi Hospital. The hospital management is a sponsor of the project and thus expects that the proposed information system will be developed within the stipulated time as well as the allocated budget. Any deviation from the proposed requirements will be an unwelcome move to the project sponsor. Deviation from the original plan would imply an increased cost of the project or unwanted delays.
The hospital wishes to attract more customers who are cautious of what to expect before making their final decisions regarding healthcare services. The system will help the hospital eliminate the problem of unwanted delays resulting from the manual operation of patients records as well handling of wait time for the patients. The project hopes to receive more support from other investors if the proof of the.
Assignment 1 Project Proposal Initiating & PlanningNote This .docxfelicitytaft14745
Assignment 1: Project Proposal: Initiating & Planning
Note: This is the first of three assignments which, as a whole, will cover all aspects of the project life cycle relevant to your selected project.
You have been selected to be the Project Manager (for a project of your choice). The project that you decide to use should meet the key criteria of a project, such as (a) having a beginning and an end; (b) results in something being delivered to someone; (c) requires a series of activities that must be done to complete the project; and (d) requires resources (e.g., people, materials) to complete the work. The project must be one of a professional nature and must last for at least twelve months. NOTE: You are prohibited from using projects that can be found on the Internet, including projects found in places like CourseHero. All project submissions are submitted to Safe Assign for review.
Write a two to three page paper, in which you define the scope of your chosen project. In your paper you must:
1. Provide a brief summary of your chosen project.
2. Describe at least three (3) project goals and three (3) project objectives.
3. Identify the key customer(s) and at least two (2) stakeholders for your project. Remember, you are delivering the project to your customer(s); however, there are others (stakeholders) who have a vested interest in your project.
4. Describe at least three (3) key milestones and /or deliverables for your project.
5. Describe a high-level timeline that includes key tasks and deadlines.
6. Estimate the project’s overall cost and any key staffing and non-staffing resources needed.
7. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
· Typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
· Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length.
The specific course learning outcomes associated with this assignment are:
· Evaluate corporate strategy and the project life cycle phases to define the project and initiate a project plan.
Points: 150
Assignment 1: Project Proposal: Initiating & Planning
Criteria
Unacceptable
Below 70% F
Fair
70-79% C
Proficient
80-89% B
Exemplary
90-100% A
1. Provide a brief summary of your chosen project.
Weight: 10%
Did not submit or incompletely provided a brief summary of your chosen project.
Insufficiently provided a brief summary of your chosen project.
Satisfactorily provided a brief summary of your chosen project.
Thoroughly provided a brief summary of your chosen project.
2. Describe at least three (3) project goals and three (3) project objectives.
Weight: 20%
Did not submit or incompletely described at least three (3) project goals and three (3) pr.
Assignment 1 Procedural Law and the Bill of RightsDue Week .docxfelicitytaft14745
Assignment 1: Procedural Law and the Bill of Rights
Due Week 4 and worth 150 points
The Bill of Rights finds its roots in documents such as the British Magna Carta of 1215 AD. It was one of the first documents that provided the common man independence from a monarch. It did imply that the federal government's law dominated all others; however, it gave each state control of any laws outside of those reserved to the federal government. The Bill of Rights acts as a blueprint that every individual state uses to protect the rights of individual citizens. In this assignment, you will utilize the various concepts found in the Bill of Rights to provide the foundation of the various sections of the assignment.
Write a 4- to 6-page paper in which you:
Compare and contrast two of the sources of the rights and fundamental principles found in the United States' legal system as outlined by the text.
Critically analyze and discuss three steps of the criminal justice process from arrest to imprisonment.
Identify and discuss the particular amendment related to arrest, search, and seizures.
Compare and contrast the concepts of probable cause and reasonable suspicion. In your own words, explain how they are similar or different.
Examine and discuss the two examples in which the exclusionary rule may not apply.
Identify and discuss one contemporary issue or case law related to the use of force from within the last three years.
Use at least four quality references. Note: Wikipedia and other similar websites do not qualify as academic resources.
.
Assignment 1 Privatizing the U.S. Money SupplyWould it be possibl.docxfelicitytaft14745
Assignment 1: Privatizing the U.S. Money Supply
Would it be possible to privatize the money supply in the United States completely? In doing so, what would be the primary obstacle to overcome in implementing such a policy?
By
Thursday, February 1, 2013
, post your initial discussion response in the M4: Assignment 1 Discussion Area. By
Wednesday, February 6, 2013
,
Assignment 2: The Multiplier Effect
Go to “
FRB: Press Release—FOMC statement—December 16, 2009
.”
You should now find a press release from the Board of Governors of the Federal Reserve System, dated December 16, 2009, which discusses the decisions of the Federal Open Market Committee (FOMC) for that date.
This release also states that the Federal Reserve is in the process of purchasing $1.25 trillion of agency mortgage-backed securities and about $175 billion of agency debt. Additionally, the release states that the FOMC has decided to gradually reduce “the pace” of such Fed purchases. Discuss why you believe that the FOMC has made such a decision, and explain the consequences of such a decision on the economy.
In your answer, discuss the Federal Reserve’s use of open-market operations to influence the money supply and the respective consequences of such actions. Include a discussion of the money multiplier effect in your response. Justify your conclusions and provide appropriate examples.
Using Microsoft Word, submit your responses in the form of a short paper ( 2 pages).
By
Monday, February 4, 2013
I.
How does open market operation (OMO) affect economic activity:
OMO refers to the
sale /purchase of securities
(government) by the
FED
to other banks, institutional buyers and financial institutions in order to influence the total money circulating in the system. Ina recession when the govt wants consumers to spend more it purchases these securities. This releases more funds into the coffers of these institutions, which allows them to use these to extend more credit and raise consumption and investments. the opposite happens in a boom period. When the government wants to reduce spending and arrest rising prices it takes away funds by offering to sell its own securities. Financial institutions buys these and reduce the amount left with them for credit purposes. Since the FOMC is the
policy making branch
of the FED it is responsible for any decisions on sale/purchase of securities as well as the price at which these transactions happen. The article is a part of that decision making. It outlines the decisions taken and elucidates the reasons behind the former. Therefore the influence on the economy of OMO is via changes in
money supply
.
II.
reasons for the FOMC decision
recent data has been encouraging on a front of fronts, which signalled a recovery from the
financial meltdown
of 2009. But this recovery was slow compared to most recoveries from previous recessions. Signs of a
recovery
include:
·
In the residential real estate sector, home sales and construction .
Assignment 1 Predictive Policing Due Week 2 and worth 75 points Th.docxfelicitytaft14745
Assignment 1: Predictive Policing Due Week 2 and worth 75 points The following resources may be helpful in completing this assignment:
Goode, E. (2011, August 15). Sending the police before there’s a crime. Retrievable
here
.
Pearsall, B. (2010, May). Predictive policing: The future of law enforcement? National Institute of Justice Journal, 266. Retrievable
here
.
Predictive Policing Symposium (2010). Retrievable
here
.
Shurkin, J. N. (2011, September 13). Santa Cruz cops experiment with ‘predictive policing’. Retrievable
here
.
Willis, J. J., Mastrofski, S. D., & Weisburd, D. (2003). Compstat in practice: An in-depth analysis of three cities. Police Foundation. Retrievable
here
.
In 1994, the New York City Police Department adopted a law enforcement crime fighting strategy known as COMPSTAT (COMPuter STATistics). COMPSTAT uses Geographic Information Systems (GIS) to map the locations of where crimes occur, identify “ hotspots”, and map problem areas. COMPSTAT has amassed a wealth of historical crime data. Mathematicians have designed and developed algorithms that run against the historical data to predict future crimes for police departments. This is known as predictive policing. Predictive policing has led to a drop in burglaries, automobile thefts, and other crimes in some cities. Write a four to five (4-5) page paper in which you:
Compare and contrast the application of information technology (IT) to optimize police departments’ performance to reduce crime versus random patrols of the streets.
Describe how COMPSTAT, as an information system (IS), implements the four (4) basic IS functions:
Input
Processing
Output
Feedback
Determine how information systems have allowed police departments that implement tools such as COMPSTAT to respond to crime faster.
Apply the strengths, weaknesses, opportunities, and threats analysis (SWOT analysis) on behalf of police departments that intend to implement predictive policing.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. You may use the resources above or others of your choosing.
Your assignment must follow these formatting requirements:
Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Explain how the components of an information technology system interrelate in an organizational context.
Use technology and information resources to research issues in information systems and technology.
Write clearly and concisely about topics related to.
Assignment 1 Predictive Policing Due Week 2 and worth 75 points .docxfelicitytaft14745
Assignment 1: Predictive Policing Due Week 2 and worth 75 points The following resources may be helpful in completing this assignment:
Goode, E. (2011, August 15). Sending the police before there’s a crime. Retrievable
here
.
Pearsall, B. (2010, May). Predictive policing: The future of law enforcement? National Institute of Justice Journal, 266. Retrievable
here
.
Predictive Policing Symposium (2010). Retrievable
here
.
Shurkin, J. N. (2011, September 13). Santa Cruz cops experiment with ‘predictive policing’. Retrievable
here
.
Willis, J. J., Mastrofski, S. D., & Weisburd, D. (2003). Compstat in practice: An in-depth analysis of three cities. Police Foundation. Retrievable
here
.
In 1994, the New York City Police Department adopted a law enforcement crime fighting strategy known as COMPSTAT (COMPuter STATistics). COMPSTAT uses Geographic Information Systems (GIS) to map the locations of where crimes occur, identify “ hotspots”, and map problem areas. COMPSTAT has amassed a wealth of historical crime data. Mathematicians have designed and developed algorithms that run against the historical data to predict future crimes for police departments. This is known as predictive policing. Predictive policing has led to a drop in burglaries, automobile thefts, and other crimes in some cities. Write a four to five (4-5) page paper in which you:
Compare and contrast the application of information technology (IT) to optimize police departments’ performance to reduce crime versus random patrols of the streets.
Describe how COMPSTAT, as an information system (IS), implements the four (4) basic IS functions:
Input
Processing
Output
Feedback
Determine how information systems have allowed police departments that implement tools such as COMPSTAT to respond to crime faster.
Apply the strengths, weaknesses, opportunities, and threats analysis (SWOT analysis) on behalf of police departments that intend to implement predictive policing.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. You may use the resources above or others of your choosing.
Your assignment must follow these formatting requirements:
Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Explain how the components of an information technology system interrelate in an organizational context.
Use technology and information resources to research issues in information systems and technology.
Write clearly and concisely about topics related to.
Assignment 1 Portfolio ManagementWrite a five to seven (5-7) pa.docxfelicitytaft14745
Assignment 1: Portfolio Management
Write a five to seven (5-7) page paper in which you:
1. Analyze the relationship between risk and rate of return, and suggest how you would formulate a portfolio that will minimize risk and maximize rate of return.
2. Formulate an argument for investment diversification in an investor portfolio.
3. Address how stocks, bonds, real estate, metals, and global funds may be used in a diversified portfolio. Provide evidence in support of your argument.
4. Evaluate the concept of the efficient frontier and how you will use it to determine an asset portfolio for a specified investor.
5. Consider the economic outlook for the next year in order to recommend the ideal portfolio to maximize the rate of return for the short term and long term. Explain the key differences between the short and long term.
6. Use four (4) external resources to support your work. Note: Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
· Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
· Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
· Evaluate portfolio performance and develop recommendations to improve a firm’s investment performance.
· Use technology and information resources to research issues in corporate investment analysis.
· Write clearly and concisely about corporate investment analysis using proper writing mechanics.
.
Assignment 1 Political Belief ProfileThe relationship between pub.docxfelicitytaft14745
Assignment 1: Political Belief Profile
The relationship between public opinion and political participation raises many questions associated with how the public thinks, why they behave in the manner they do, and what outcomes in the form of ideological expressions will probably take place because of citizens’ behavior in the political scenario. Essentially, “who, what, and where” issues again surface in response to evaluation of political socialization.
Political socialization may be expressed in a singular way, depending on the issue of concern, but it is not derived from any single impact throughout the life of American voters and nonvoters. Qualities and conditions such as gender, race, economic status, education, and religion impact voter behaviors. Indeed, whether or not an individual votes, or takes part in any of the varied available options for participation, is closely allied with the political socialization of individuals and even entire socioeconomic groups.
The Political Compass Web site (
http://www.politicalcompass.org
) offers a self-test that helps you analyze your personal political views on what the test authors call a “left–right” scale. Take the test and review your results to see where you stand on the economic scale and the social scale. Discuss the results using the following questions:
Did your “test result” match what you thought were your political beliefs?
What is “politically correct” thinking? Give examples of what might be considered “politically correct” and “politically incorrect.”
To what degree do you think your values and beliefs represent the norms, values, and traditions of society? Define your answer using the following Likert scale—extremely common, common, moderately common, uncommon, and extremely uncommon.
Write your response in 150–200 words.
By
Saturday, May 31, 2014
, post your response to the appropriate
Discussion Area
. Through
Wednesday, June 4, 2014
, review and comment on at least three peers’ responses.
.
Assignment 1 Pitfalls in Interviewing VictimsIn the assessment .docxfelicitytaft14745
Assignment 1: Pitfalls in Interviewing Victims
In the assessment of victims, pay special consideration to issues that may affect the ways in which the victims may react to your interventions. You need to do your homework and be aware of issues of possible relevance to the particular person or families you will be interviewing, whether you are:
Interviewing a victim as part of a psychological evaluation for the court
Working with law enforcement and need information to help in the prosecution of a crime
Working as a consultant to an attorney who is defending a person with a history of trauma
Some of the factors possibly influencing people's reactions to their traumatic experiences and their receptivity to certain manners of interviewing include:
Age, gender, and sexual orientation
Religious or spiritual beliefs and background
Cultural or ethnic background
Education and intellectual functioning
Physical illnesses
Language proficiency
Tasks:
Select two of the factors listed above and explain in detail how they may affect your approach in interviewing and assessing a victim. Support your responses using examples and references from your textbook and other resources, such as websites. Include the references at the end of your posting.
All written assignments and responses should follow APA rules for attributing sources.
Submission Details:
By the due date assigned,
post your responses to this
Discussion Area
.
Through the end of the module,
respond to at least two of your classmates' posts. While responding, compare the similarities and differences between what you have constructed and what your classmates have.
Grading Criteria
Maximum Points
Quality of initial posting, including fulfillment of assignment instructions 16 Quality of responses to classmates 12 Frequency of responses to classmates 4 Reference to supporting readings and other materials 4 Language and grammar 4
Total:
40
.
Assignment 1 Pediatric ADHD EducationOverviewYou are meetin.docxfelicitytaft14745
Assignment 1: Pediatric ADHD Education
Overview
You are meeting with the parents of a child being evaluated for ADHD. For this assignment briefly address the following questions.
What information would you provide to educate parents/caretakers regarding etiology and symptoms of ADHD?
What treatment options would you discuss with the parents/caretakers?
What information/resources would you use to discuss this diagnosis?
Your assignment should be in APA format with evidence-based references to support your statements.
NOTE: Attached, you will find a copy of a classmate assignment example, and you may use its content and data as a reference to complete my assignment. TURNITIN Assignment (No plagiarism)
Background: I live in South Florida, I am currently enrolled in the Psych Mental Health Practitioner Program, I am a Registered Nurse, I work in a Psychiatric Hospital.
.
Assignment 1 Organizing HR ProjectsIn order to effect a more ce.docxfelicitytaft14745
Assignment 1: Organizing HR Projects
In order to effect a more centralized model of delivering Human Resources services, there are core project functions that must be undertaken to ensure success as well as ascertaining that all parties are motivated to working with the new model. Establishing a new project team requires orientation to the overall goals and objectives in a bid to ensure that every team member is well aware of both intermediate and final goals. This will act as a guidance to the team making processes and functions easier. On the other hand, successful implementation requires strategic planning which is about allocation of resources, planning, and scheduling in a manner that optimizes the available resources and performing within the budget and the timeline (Neluheni, Pretorius & Ukpere, 2014). In this respect, it is the duty of the project manager or leader to guide and oversee the various processes and activities in a bid to ensure that the desired goals and objectives are being achieved.
The Statement of Overall Importance
When implementing the project, the overall steps of strategic planning are important to start, progress, and finish of the project. There are distinct steps such as vision where the overall goals and desired outcomes are communicated to the parties involved in the accomplishment of the task. Other steps such as planning also highlights the importance of laying down the strategy for attaining various tasks where resources are allocated optimally in a manner that avoids wastage. As a project leader, it is highly important that strategic planning is undertaken. In the field of project management, studies have shown that failure to effectively plan is one of the major contributors to failure especially when it comes to performing within the deadline and budget (Kerzner, 2013). A project manager must be able to put in place a plan that has goals and objectives that must be communicated to the concerned parties such as the team members. Actually, it is deemed best practice when a leader involves other parties such as team members in formulating a plan which improves the diversity of the decisions made.
The steps provided in the texts is highly important to the project. It is imperative to note that project management is nowadays strategic meaning that it must align with overall strategic direction of the organization. Majority of organizations are currently funding projects that are seen to have a direct influence on the strategic direction of the organization. For instance, in this case, it can be seen that the goal is to ensure easier and more efficient management of human resources which have become a strategic tool as opposed to a supporting function it has been over the previous decades. In essence, the strategic planning process will help outline goals, communicate the plans, and strategize on how various tasks and processes will be accomplished in line with desired goals.
Vision and Mission Statements
.
Assignment 1 more informationAssignment 1 More about the.docxfelicitytaft14745
Assignment 1: more information
Assignment 1: More about the task
Task
From the Unit Information: “The design of environmental studies is without exception a compromise between
cost and information. This translates almost directly into a balance between Type I and Type II errors. Define
Type I and Type II errors, as the relate to environmental studies, and discuss the differing importance and
implications of these two kinds of problems. Use examples of different kinds of monitoring situations (i.e.
objectives) in your essay.
Assessment criteria
Definition: 20% of mark
Assessed on the basis of:
· the clarity of the definition,
· the completeness of the definition, and
· the accuracy of the definition.
Discussion of Type I & II errors: 40% for each type
Assessed on the basis of:
· the range of examples used,
· the validity of the examples used,
· the way in which the examples are used to display how the effects of the errors vary in different
circumstances, and
· the way in which the examples are used to display how the significance of the errors varies in dif-
ferent circumstances.
More about the first part of the essay: the definition
The Study Guide, tapes and readings actually discuss the nature of Type I and II errors in some depth. In
this part of the essay I am asking you to translate this discussion into your own words and, by doing this,
convince me that you really understand the nature of these errors and how they arise. The three assessment
criteria for this part of the essay focus on what I think is crucial here.
· The clarity of your definition. Can I easily understand what you have written and what you mean?
You usually need to understand something fairly well to be able to explain it clearly.
· The completeness of your definition. Does your definition, and discussion, cover all the important
issues? It is important here not to go “overboard”. For instance (and I’ll give you this tip for free),
one issue that is relevant to Type II errors is power. But, while it is appropriate to consider power,
an extended discussion of what affects power is not.
· The accuracy of your definition. Simply, is what you have written correct? It would, for instance, not
be correct to state that the chance of a Type I error was influenced by the cost of the instruments
used to collect the data!
I’ve said this before but it is important enough to be worth repeating: this section of the essay is worth only
20% so 20 marks is the most you can get, regardless of how good your definition is. Submitting a five page
essay, with four pages devoted to the definition, is not likely to be a successful strategy!
More about the second part of the essay: the examples
This is the main part of the essay. In the past, I’ve been hesitant to provide examples because I didn’t want
to steer people’s thinking in particular directions. This year I’ve decided to include an example (although a
very silly one) to give you a bit more guidance.
Assignment 1: more.
Assignment 1 Monitoring Our Home PlanetThe Internet is a powerful.docxfelicitytaft14745
Assignment 1: Monitoring Our Home Planet
The Internet is a powerful tool that provides the ability to monitor natural phenomena and disasters that happen all over planet Earth.
In this assignment, you will research resources available on the Internet for monitoring natural phenomena including earthquakes, volcanoes, tsunamis, global climate, and weather.
Based on your research, do the following:
Identify a minimum of three different natural phenomena that are typically responsible for natural disasters. Analyze the potential impact of these disasters.
Analyze how these phenomenon are monitored, or not, via the Internet. Critique available Web sites, which publicly display up-to-date monitored information related to each of the natural phenomena you have identified. Focus on the following aspects:
Geography
What parts of the world are potentially affected by these phenomena? Specifically identify the countries.
Resources
What kinds of resources are allocated toward monitoring these phenomena and why?
What types of Web resources monitor the phenomena and provide up-to-date information about them?
What kinds of technology are involved in monitoring the phenomena?
Politics
What political ramifications would this disaster-preparedness technology cause between more-developed countries and less-developed countries?
What kinds of issues could this technology cause between less-developed countries?
Economics
How would this technology directly impact the economies of those countries that have the technology versus those countries that do not?
Do you predict any indirect impacts? What current evidence supports your position?
Disaster Preparedness
What types of systems are in place in terms of disaster preparedness related to these monitored phenomena?
Summarize your findings. Evaluate how this technology will impact the future of humanity, both positively and negatively. Be sure to consider the political and economic issues discussed in your future predictions.
Support your statements with examples. Use a minimum of six reliable references, two of which should be peer-reviewed articles.
Write a 7–8-page paper in Word format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M5_A1.doc.
By
Wednesday, August 14, 2013
, deliver your assignment to the
M5: Assignment 1 Dropbox
.
Grading Criteria and Rubric
Assignment 1 Grading Criteria
Maximum Points
Identify a minimum of three different naturally occurring phenomena that are typically responsible for natural disasters and analyze the potential impact of the disaster.
104
Analyze ways different Web sites monitor phenomena by critiquing available Web resources. Analysis should include topics such as geography, resources, political/economic issues, and disaster preparedness.
104
Summarize and discuss future projections on humanity regarding the use of technology. Include research on political and economic issues.
28
Writing Components:
Organization (1.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Palestine last event orientationfvgnh .pptxRaedMohamed3
An EFL lesson about the current events in Palestine. It is intended to be for intermediate students who wish to increase their listening skills through a short lesson in power point.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Assignment 1 Forming an Innovative BusinessDue Week 4 and worth 2.docx
1. Assignment 1: Forming an Innovative Business
Due Week 4 and worth 260 points
Go to the Wall Street Journal’s Website and read “And the Most
Innovative Entrepreneur Is...”,
located here
. After reading the article, conceive an innovative idea for a
new product or service. Imagine that you are going to start a
business that offers that product or service.
Write a six to eight (6-8) page paper in which you:
Briefly describe your innovative idea.
Determine the business structure that would be the best choice
for your venture. Support your decision.
Create an outline of the stages in the entrepreneurial process
that you would need to follow when starting this business.
Determine the resources and tools you would need to be
successful at each stage.
Determine the market for your innovative idea. Include details
on regarding your potential customers, the predicted size of the
market, and the competitors that already exist in the
marketplace.
Create an action plan that describes how you would overcome
any foreseen barriers to your venture’s success.
Use at least three (3) quality academic resources in this
assignment. Note: Wikipedia and other Websites do not qualify
as academic resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; citations and references
must follow APA or school-specific format. Check with your
professor for any additional instructions.
Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the
date. The cover page and the reference page are not included in
the required assignment page length.
The specific course learning outcomes associated with this
2. assignment are:
Analyze the stages in the entrepreneurial process.
Examine the process of innovating and developing ideas and
business opportunities.
Analyze different innovative business models to determine the
best model for a specific venture.
Analyze the market, customers, and competition of
entrepreneurs.
Examine the process of developing a business plan and setting
up the company.
Use technology and information resources to research issues in
entrepreneurship.
Write clearly and concisely about entrepreneurship using proper
writing mechanics.
Grading for this assignment will be based on answer quality,
logic / organization of the paper, and language and writing
skills, using the following rubric found
Here s the article if your not able to open it:
And the Most Innovative Entrepreneur Is...
The winner of The Wall Street Journal's small-business
innovation competition thrived during the downturn by finding a
new direction—and new markets
By
Sarah E. Needleman, Vanessa O'Connell, Emily Maltby and
Angus Loten
November 14, 2011
Imagine this. You're coming off the best year in your company's
history, with record sales and seemingly smooth sailing ahead.
Then the industry implodes. Your sales drop 70%, and your
prospects seem even
If you're Quadlogic Controls Corp., of New York City, you
think fast, get creative and rewrite your business plan. And you
do it so well that you not only stay afloat but thrive in the teeth
of the recession—taking on dozens of new workers and setting a
3. record for revenue.
Quadlogic's nimble reinvention put it at the top of The Wall
Street Journal's Small Business, Big Innovation competition. In
July, the Journal invited entrepreneurs to share the ideas they've
used to survive the worst downturn in decades. Over the next
three months, more than 100 entries poured in, ranging from a
rubber-duck manufacturer in San Rafael, Calif., to a
consignment retailer in Tampa, Fla., and a Chinese-language
school in Riverside, Conn.
Their strategies for overcoming the harsh economy were just as
diverse—and could be a model and an inspiration for other
companies that face similar struggles. Some expanded their
offerings, adding goods or services to appeal to consumers with
less disposable income. Others tapped new markets to cater to a
larger demographic or an underserved niche. Some abandoned
their original business model and pursued an entirely different
venture.
Sayre Swarztrauber, left, and Doron Shafrir, two founders of the
winning firm, Quadlogic Controls
Bryan Derballa for The Wall Street Journal
The Journal's small-business staff narrowed the field to 10
finalists, and then a panel of editors—Vanessa O'Connell, Alan
Murray and Dennis Berman—chose an overall winner. Readers
also voted for their favorite.
So, what exactly did Quadlogic do to earn the top spot? Let's go
back to early 2009 for the answer. Times were good for the
company, which made energy-tracking products that let
different tenants in the same building manage and pay for their
own usage. The two remaining founders— Doron Shafrir and
Sayre Swarztrauber —had just put up the best revenue figures
the 27-year-old company had ever seen.
All of a sudden, though, the housing market was in shambles,
driving sales into the ground. So Quadlogic decided to stake its
future on a daring reinvention plan.
4. Messrs. Shafrir and Swarztrauber had learned from a business
associate a few years earlier that in developing countries,
energy theft was a major problem. The entrepreneurs had even
begun tinkering with a new product to prevent utility-metering
systems from being breached. Only it was far from complete,
and they hadn't yet identified any potential buyers.
The partners decided that their best move would be to ramp up
production of the experimental line and launch an intense
marketing push. "You have to place your bets," says Mr.
Swarztrauber, 56. "We saw our survival threatened and that
gave us the incentive to make it happen."
The gambit paid off. Within five months, Quadlogic Controls
signed a multimillion-dollar deal with a private utility company
in Jamaica, and a recovery was under way.
Today, Messrs. Shafrir and Swarztrauber say the company's new
line has a dozen customers, all in markets thousands of miles
away such as Jamaica, Mexico, Costa Rica and Ecuador. What's
more, demand for its original energy-tracking systems is close
to the level it was just prior to the recession, thanks in part to
an improvement in the commercial housing market.
The company has ballooned to roughly 90 employees from about
20 two years ago, and it's on track to post $20 million in
revenue this year, $5 million more than its previous high.
Messrs. Shafrir and Swarztrauber credit the turnaround they
pulled off to constantly keeping an eye out for new business
opportunities. While they say it's important to focus on proven
models of success, it's also critical to regularly set aside time to
investigate potential alternative sources of revenue.
"I always have a plan B and a plan C for just in case," says Mr.
Shafrir, 64. "You never know."
Here's a look at the other finalists in the competition, and what
they did to stay afloat.
CUT YOUR EXPENSES BY GOING D.I.Y.
Alejandro Velez and Nikhil Arora, co-founders of Back to the
Roots LLC in Oakland, Calif., have grown a business out of
5. other companies' trash. They manufacture grow-at-home oyster
mushroom kits filled with used coffee grounds. WSJ's Lauren
Rudser reports.
Alejandro Velez and Nikhil Arora seemed destined to launch a
company together. Before they had even met, they went to the
same teacher at the University of California, Berkeley's Haas
School of Business for advice on the same offbeat business
idea: growing gourmet mushrooms in used coffee grounds,
rather than pricier fertilizers and wood.
After the teacher brought them together, the new partners
approached neighborhood coffee shops offering to haul away
their waste free. In a fraternity kitchen, they grew their first
crop of mushrooms in a coffee can filled with discarded
grounds—and it worked.
"We got so jazzed about that first bucket," says Mr. Velez, now
24, who turned down a Wall Street banking job to co-found
Back to the Roots LLC with Mr. Arora in April 2009.
The company saw strong sales at a local Whole Foods and
nearby farmers' markets. But scaling up proved tricky. Even
though raw materials were cheap, other parts of the business
were getting expensive, and financing was tight. It didn't take
long before the partners outgrew an 800-square-foot warehouse
and payables were already much higher than receivables, Mr.
Velez says.
Alejandro Velez and Nikhil Arora of Back to the Roots LLC
Kristen Lokey
"We came to a crossroads in the business where we could have
tried to become regional mushroom farmers," says Mr. Velez.
"But we weren't mushroom farmers."
Instead, they used the technique to develop grow-your-own
mushroom kits, eliminating the need for a costly infrastructure.
The kits can produce 1.5 pounds of mushrooms in just 10 days.
Today, the company collects some 20,000 pounds of used
grounds from area coffee shops and repurposes them into
growing kits (as well as a separate product, $10 bags of
6. nutrient-rich soil). Whole Foods and Home Depot are now
stocking the kits, with deals in the works with SkyMall and
Wegmans. This year, revenue hit $1.1 million, up from
$240,000 in 2010.
"We're profitable after just two years," says Mr. Velez. "But
even better, we're reconnecting people with growing food
again."
GIVE THE CUSTOMERS WHAT THEY CAN AFFORD
Many small businesses in the housing industry grew with the
real-estate boom—and then went bust when the bubble burst.
Not Henrybuilt Corp.—thanks to some quick thinking by
founder and Chief Executive Scott Hudson.
The Seattle firm specializes in designing kitchens that range
from $30,000 to $100,000. Launched in 2001, the company
expanded quickly. In 2006, it opened a New York City
showroom, which doubled in size in just 18 months. By 2008,
the company was working on some 200 projects in the U.S.,
Mexico and Canada, and sales had tripled since 2004.
Scott Hudson of Henrybuilt Corp.
Lisa Elliot
In October 2008, sales came to a standstill. "Everyone was
canceling projects," says Mr. Hudson, 50. Over the next two
months, the company lost hundreds of thousands of dollars of
revenue, he says.
With clients shying away from the high-cost renovations, Mr.
Hudson launched a subsidiary in 2009 called Viola Park Corp.,
which provides clients with a modular option based on the
Henrybuilt designs. Rather than working with an architect,
clients use the company's software to configure and customize
the layout and design to their liking—a cheaper and quicker
process that costs roughly half what the Henrybuilt kitchens do.
"We listened to the market, rather than waiting to get back to
the old days," Mr. Hudson says of the strategy.
Since Viola Park launched, both businesses have collectively
7. grown about 10%. Viola Park now represents 20% of the
company's revenue and has doubled every year.
But the biggest benefit to the company has been psychological,
says Mr. Hudson. When things got tough, he laid off two of his
25 employees. But after Viola Park launched, the two divisions
grew to a combined 30 employees, who felt excited and inspired
amid the industry's turmoil. "It drove morale," he says. "We
created opportunity in a time when everything else was
contracting."
SEE A PROBLEM, SELL A SOLUTION
Shane Bauer started Laughingstock Design as a graphic-design
and custom greeting-card company in 2007. But the downturn
left fewer businesses and families able to afford its high-end
custom cards, which required a first-time outlay of at least $40
to create a graphic using a likeness of the recipient's head. His
Duluth, Minn., business needed a new revenue stream.
Shane and Jenny Bauer of Laughingstock Design
Camelot Photography
Mr. Bauer was inspired by a T-shirt on display in a department
store featuring the words, "Bite Me." He thought there might be
a market for shirts with positive slogans to counteract that kind
of negative message. "I thought, man, things are getting pretty
bad," says the 35-year-old.
So, he created Happy Space PositiveWear, a line of casual
clothing and accessories that pair his intricate graphic designs
with positive messages—such as a guitar with the slogan "Live
In Harmony."
Mr. Bauer now sells more than a dozen different designs, up
from six in 2008, and expects his business to generate about
$100,000 in sales this year. The success of the new products led
Laughingstock Design to open a retail store, Happy Space, in
April 2010, and to hire its first outside employees—two part
time and one full time.
8. TAKE YOUR IDEA AND KEEP TINKERING
Courtney Tudor of Madeira, Ohio, spends his weekdays
designing jet engines at GE Aviation. But on the side, he's
honing Mr. Bigshot Inc.—a company that tries to have some fun
with the stock market.
Courtney Tudor of Mr. Bigshot Inc.
Wanda Tudor
Mr. Tudor, 50, grew fascinated with the market while seeking
an M.B.A. at Xavier University, and wanted to capture in a
game the thrill of investing. In 2000, he created the company,
funded by the proceeds of his own stock investments and backed
up by financial data and market results for 45 years.
The idea: Players can go back in time to play the market
through rounds of investing. For instance, they might go to Jan.
1, 1969, and follow two companies (known by aliases) for the
year. Every quarter, they decide whether to sell or switch to
another company.
Mr. Bigshot started out as a board game, followed by a
downloadable computer version. But sales were meager. And
when the
real
market plunged in 2008, Mr. Tudor's source of capital dried up.
Then he got what he describes as his breakthrough idea: an
online multiplayer version that can be used to conduct a
"Massive Market Madness Tournament" with thousands of high
schools across the country.
His next steps are to conduct trial tournaments in a few area
high schools, incorporating the feedback from students and
teachers. Then he intends to hold a regional tournament in the
greater Cincinnati area.
To be sure, his big idea hasn't been tested. But it was recently
among those that took top honors in a business-launching
competition at Xavier, and as the prize Mr. Tudor will get
consulting services to help him move forward.
9. WHEN NOBODY'S BUYING, SCRAP YOUR PLAN
Mid-2009 was a scary time for Merrimac Dillon, founder of
Pillow Bar LLC. Some $400,000 in potential licensing
agreements for her custom pillow-making machine suddenly fell
through as customers became too nervous about the economy to
commit. To keep the company going, she realized, the business
model would need a risky overhaul.
Ms. Dillon, now 52, first designed and constructed the pillow
machine in her Dallas garage in 2007, after an extensive and
unfruitful search for the perfect bedtime headrest. For $12,500 a
year, she licensed the machines to high-end linens stores, which
used it to make customized and personalized pillows according
to their customers' sleeping positions and shoulder widths. The
pillows cost $195 to $295. By mid-2009, the company had made
about $400,000 in sales. It had placed eight machines in stores
and had a waiting list of 30 interested retailers.
Merrimac Dillon of Pillow Bar LLC
Pillow Bar
But the honeymoon didn't last long. The economy lagged as the
normally busy holiday season approached, and retailers were
less prepared to make capital investments—22 on the list told
Ms. Dillon they didn't have the cash.
"They wanted me to float it, and that scared me," she says.
"What if I float it and they can't pay? It really made us stop and
say, 'Now what?' "
Some retailers asked Ms. Dillon if she would offer ready-made
pillows. She didn't like the idea. The machine gave customers a
unique buying experience, she reasoned. They liked watching
the down feathers swirl in the machine, and the assembly
process.
But Ms. Dillon decided to give it a try. She started wholesaling
the 12 pillow varieties most commonly requested. And the
business took off. Ms. Dillon moved manufacturing operations
into a 3,500-square-foot work space with a loading dock. She
also opened an online store.
10. Today, the ready-made business accounts for 60% of sales. The
company, which now has four employees, will exceed $1
million this year, Ms. Dillon says. "We could move quickly as a
small company," she says. "We wouldn't be afloat if we hadn't
made the change."
CORE BUSINESS WEAK? ADD A NEW ONE.
When Dawn Cameron launched Sanctuary T, a small New York
City restaurant, in mid-2007, she naturally expected it would
take time for the business to turn a profit. But the former
banking professional never imagined the wait would last more
than two years, or that she would need to dip into family
savings to cover payroll.
Ms. Cameron, 37 years old, says she might not be in business
today if she hadn't branched out—and gotten help from her
employees. In the summer of 2008, she and her 15 staffers put
their heads together to create a line of four tea-infused cooking
spices.
Dawn Cameron of Sanctuary T
Aretha Choi/Barrel
Since money was tight, the seasonings needed to be prepared
and bottled by hand, with labels designed and printed in-house.
Ms. Cameron, at the time pregnant, visited a dozen local
grocery stores to drum up orders. She also pitched media outlets
for press coverage. "It was a very stressful but exciting time,"
she says.
Within a few weeks, efforts started to pay off. A buyer for one
specialty grocery store placed an order on the spot, and the New
York Times ran a story about one of the company's new spices.
Next, Ms. Cameron says she invested $10,000 on upgrades that
included beefing up the company's website, buying product-
liability insurance and adding new packaging with nutritional
information and bar codes.
As more wholesale orders came in, Ms. Cameron says some
local clients agreed to let her to run in-store demos. As a result,
11. she says, traffic to the restaurant and her online store increased.
Today, Sanctuary T's Dust-T spices are for sale in 19 grocery
stores in four states and Washington, D.C. Ms. Cameron expects
the business overall to post $1.2 million in revenue this year, up
from just $400,000 in 2008.
"It felt counterintuitive to try to grow the business in the face of
declining sales in a recession, but that's what it took to
survive," she says. "I'm glad we had the courage to do it."
FIND A NEW WAY TO BROADEN YOUR BASE
Brian Linton, 24, was on shaky ground when the retailers that
sold his company's coconut-wood jewelry suddenly halted
orders in late 2008. But he found inspiration in an unlikely
place—trash-strewn beaches.
His company, Sand Shack LLC, based in Philadelphia, had
taken off earlier that year. He had established a customer base
of small beachside boutiques and surf shops on the East Coast,
as well as one national retail chain, and had reached $150,000
in sales. The firm had a green streak, too—5% of the proceeds
were donated to environmental-education and conservation
organizations.
Brian Linton of Sand Shack LLC
Matt Soriano
After the financial collapse, however, "the only thing keeping
us afloat were a few key accounts," says Mr. Linton. A few
dozen boutiques out of several hundred were still ordering by
mid-2009. And the 5% donations were a burden on the
company.
Mr. Linton and his two employees brainstormed how to turn the
business around without losing its environmental mission. Their
concept? Instead of donating cash, the company would collect
one pound of trash—mostly on waterways and beaches—for
every product sold. Each cleanup involves a few hundred of
those small loads at once; the company says it has pulled in
40,000 pounds to date.
12. Mr. Linton moved core operations to a new division called
United By Blue, which sells hoodies, handbags and T-shirts.
The company, he realized, could be more competitive if it had
more items to offer, and it could build a stronger brand if its
merchandise sported the company logo.
The business model had instant appeal to a whole new retail
base—outdoor-industry stores, specialty clothing stores and
certain supermarket chains. Despite the dismal first half of the
year, sales in 2009 stayed flat.
Last year, sales hit $350,000. And this year they could double,
Mr. Linton projects. Now, United By Blue is going
international, thanks to interest from Japanese retailers. And the
company has caught the attention of a major auto manufacturer
that wants to launch a cross-promotional campaign by providing
cars for the company's clean-up efforts.
"The recession made us think in a different way," says Mr.
Linton. "Some companies throw money at a problem, but we
want to internalize it and solve it ourselves."
DON'T GET STUCK IN A DEAD END
Four years ago, Travelers Haven LLC, a Naples, Fla., real-
estate rental firm, found itself in the epicenter of the housing
crash. Demand in the rental market dried up and nearly drove
the fledgling company under.
Elia Wallen of Travelers Haven LLC
Jason Brown
"We could've gone down with the rest of the housing market
there," says Elia Wallen, 28, the firm's president. Instead, he
decided on a new direction—worker-relocation services.
As the recession set in and jobs became scarce, more Americans
were willing to follow jobs wherever they went and for however
long. Usually, corporate housing services and staffing firms
own properties or rent them long term, which means they can sit
empty for long stretches between tenants.
Travelers Haven offered to handle the task at lower cost. The
13. firm would use proprietary software to track the availability of
short-term rentals and match it with the needs of clients.
To better tap this emerging market, Mr. Wallen and a handful of
remaining employees pulled up stakes and moved to Denver.
Their time zone allows them to work within the 9-to-5 office
hours of staffing firms on either coast without having to start
too early or stay too late, he says.
Since leaving Florida, the firm has grown to 35 full-time
employees. Revenue rose to $10.8 million last year—doubling
from 2009 and up from an average of $1.3 million in 2007 and
2008. The company expects revenue to hit $20 million by the
end of the year. "We started off imitating every Tom, Dick and
Harry in the real-estate industry, where you earn a commission,
shake a few hands and that's it," says Mr. Wallen. "We took a
traditional model and turned it on its head."
SOMETIMES IT HELPS TO TURN DOWN WORK
Rebecca Geier, 42, and Wendy Covey, 37, were colleagues for
more than a dozen years at a marketing firm. In early 2008, they
got together to build Trew Marketing—a venture that they
hoped would bring them more balanced lives as well as new
challenges.
The agency got off to a strong start, but the recession took its
toll. By the end of 2008, prospective new work was thin for the
Austin, Texas, firm.
Rebecca Geier and Wendy Covey of Trew Marketing
Morgan Norris
The founders decided to narrow their focus, concentrating on
business-to-business projects in engineering and science
markets.
Their reasoning: It takes a lot of hands-on work to deal with
scientists and techies properly. If they were doing other types of
work, it would take their attention away from tech-oriented
clients. And their reputation might suffer as a result, costing
them recommendations and jobs.
14. That meant turning business down, including clients like a city
looking for help with economic-development projects and a
start-up that wanted to develop a website. Each of those jobs
could have comprised from 12% to 20% of Trew's sales, Ms.
Geier says.
They also put more of an effort into optimizing traffic to Trew's
website. That meant redesigning the site to match their new
focus, adding a blog and offering a free downloadable book,
"Smart Marketing for Engineers."
The result: Trew thrived during the recession. Revenue is on
track to grow a projected 194% this year over 2009. What's
more, the pipeline of work is healthy, and comprised of the kind
of technical marketing the firm is best at, Ms. Geier says.
By Sarah E. Needleman, Vanessa O'Connell, Emily Maltby and
Angus Loten in The Wall Street Journal's New York bureau.
They can be reached at
[email protected]
,
vanessa.o'
[email protected]
,
[email protected]
and
[email protected]
.
Grading for this assignment will be based on answer quality,
logic / organization of the paper, and language and writing
skills, using the following rubric.
Points: 260
Assignment 1:
Forming an Innovative Business
Criteria
Unacceptable
15. Below 60% F
Meets Minimum Expectations
60-69% D
Fair
70-79% C
Proficient
80-89% B
Exemplary
90-100% A
1. Briefly describe your innovative idea.
Weight: 5%
Did not submit or incompletely briefly described your
innovative idea.
Insufficiently briefly described your innovative idea.
Partially briefly described your innovative idea.
Satisfactorily briefly described your innovative idea.
Thoroughly briefly described your innovative idea.
2. Determine the business structure that would be the best
choice for your venture. Support your decision.
Weight: 15%
Did not submit or incompletely determined the business
structure that would be the best choice for your venture. Did not
submit or incompletely supported your decision.
Insufficiently determined the business structure that would be
the best choice for your venture. Insufficiently supported your
decision.
Partially determined the business structure that would be the
best choice for your venture. Partially supported your decision.
Satisfactorily determined the business structure that would be
the best choice for your venture. Satisfactorily supported your
decision.
Thoroughly determined the business structure that would be the
best choice for your venture. Thoroughly supported your
16. decision.
3. Create an outline of the stages in the entrepreneurial process
that you would need to follow when starting this business.
Determine the resources and tools you would need to be
successful at each stage.
Weight: 20%
Did not submit or incompletely created an outline of the stages
in the entrepreneurial process that you would need to follow
when starting this business. Did not submit or incompletely
determined the resources and tools you would need to be
successful at each stage.
Insufficiently created an outline of the stages in the
entrepreneurial process that you would need to follow when
starting this business. Insufficiently determined the resources
and tools you would need to be successful at each stage.
Partially created an outline of the stages in the entrepreneurial
process that you would need to follow when starting this
business. Partially determined the resources and tools you
would need to be successful at each stage.
Satisfactorily created an outline of the stages in the
entrepreneurial process that you would need to follow when
starting this business. Satisfactorily determined the resources
and tools you would need to be successful at each stage.
Thoroughly created an outline of the stages in the
entrepreneurial process that you would need to follow when
starting this business. Thoroughly determined the resources and
tools you would need to be successful at each stage.
4. Determine the market for your innovative idea. Include
details on regarding your potential customers, the predicted size
of the market, and the competitors that already exist in the
marketplace.
Weight: 25%
Did not submit or incompletely determined the market for your
innovative idea. Did not submit or incompletely included details
on regarding your potential customers, the predicted size of the
market, and the competitors that already exist in the
17. marketplace.
Insufficiently determined the market for your innovative idea.
Insufficiently included details on regarding your potential
customers, the predicted size of the market, and the competitors
that already exist in the marketplace.
Partially determined the market for your innovative idea.
Partially included details on regarding your potential customers,
the predicted size of the market, and the competitors that
already exist in the marketplace.
Satisfactorily determined the market for your innovative idea.
Satisfactorily included details on regarding your potential
customers, the predicted size of the market, and the competitors
that already exist in the marketplace.
Thoroughly determined the market for your innovative idea.
Satisfactorily included details on regarding your potential
customers, the predicted size of the market, and the competitors
that already exist in the marketplace.
5. Create an action plan that describes how you would overcome
any foreseen barriers to your venture’s success.
Weight: 20%
Did not submit or incompletely created an action plan that
describes how you would overcome any foreseen barriers to
your venture’s success.
Insufficiently created an action plan that describes how you
would overcome any foreseen barriers to your venture’s
success.
Partially created an action plan that describes how you would
overcome any foreseen barriers to your venture’s success.
Satisfactorily created an action plan that describes how you
would overcome any foreseen barriers to your venture’s
success.
Thoroughly created an action plan that describes how you would
overcome any foreseen barriers to your venture’s success.
6. 3 references
Weight: 5%
No references provided
18. Does not meet the required number of references; all references
poor quality choices.
Does not meet the required number of references; some
references poor quality choices.
Meets number of required references; all references high quality
choices.
Exceeds number of required references; all references high
quality choices.
7. Clarity, writing mechanics, and formatting requirements
Weight: 10%
More than 8 errors present
7-8 errors present
5-6 errors present
3-4 errors present
0-2 errors present