Essay for me essay
Monday, August 24, 2020
Islamic Unit Study Guide free essay sample
In Arabic, the word ââ¬Å"Islamâ⬠implies accommodation or give up, it is gotten from the root word ââ¬Å"salamâ⬠in which you can likewise determine the root words harmony and security. 2. What is Zamzam? The name of the blessed all around situated in Mecca accepted to be uncovered when Abrahamââ¬â¢s newborn child Ishmael kicked the ground urgent for water. A huge number of Muslims today drink from the well while playing out their journey to Mecca 3. What is the Kaââ¬â¢bah? One of the most hallowed destinations in Islam, it is a huge marble structure situated in al Masjid al Haram (Sacred Mosque). Itââ¬â¢s said to be worked by Abraham and his child Ishmael to devote to Allah, and furthermore houses the holy Black Stone. Regardless of where you are, Muslims expected to confront the course of Kaaba when in petition. 4. Completely depict the job Abraham played in Islam. Ibrahim is viewed as the dad of the two Arabs and of Jews as per Muslims. We will compose a custom paper test on Islamic Unit Study Guide or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Itââ¬â¢s additionally accepted that he is neither a Jew nor a Muslim, yet someone who is a hernif someone who basically and inherently realizes that there is extremely just a single God. Quite a bit of what Islamic convention is about, alongside ceremonies, for example, the Hajj originate from the pre-Islamic period and are converted into Islamic customs through Ibrahim. The Kaaba was fabricated in light of the fact that God addressed Ibrahim about building a consecrated house for God. 5. When was Muhammad conceived? 570 AD, Mecca 6. What did Muhammad detest about his origin, Mecca? It was loaded up with icon revere and when he was doled out by God to call individuals to Islam per God disclosure of Quran to him, the skeptics despised his perspectives against separation. The individuals of Mecca were saturated with their ways and restricted Muhammad and his little gathering of devotees inside and out. 7. Portray the ââ¬Å"Night of Powerâ⬠and how Muhammad turned into the Messenger of God. The Lailat ul-Qadr or ââ¬Å"Night of Powerâ⬠is the night wherein the Holy Quran is uncovered to the Prophet Muhammad. At 40 years old, while occupied with a reflective retreat, Muhammad got his first divine revelation through the Archangel Gabriel. Muhammad started to present the words he got notification from Gabriel and to lecture reality which God had uncovered to him. . What is the ââ¬Å"Night Journey? â⬠Be certain to remember for your answer a conversation of Isra and Miraj. The Night Journey begins with the Isra, where Gabriel presents to Muhammad the grand winged horse called the Buraq. With the Buraq, he at that point excursions to the Al-Aqsa Mosque in Jerusalem where he met and asked with Prophets Moses, Abraham, Jesus, and John. Gabrie l at that point gives Muhammad the choice to drink the wine or milk, Muhammad picks the milk which satisfies the prescience. After this, is the Miraj, where Muhammad is climbed into paradise and passes the seven magnificent domains, where he meets God. 9. What is the centrality of Medina? Itââ¬â¢s thought about the primary Islamic Republic and is the area of the principal Mosque constructed 10. Depict in detail the Five Pillars of Islam: à · Shahada : It is the affirmation of confidence in the unity of God and acknowledgment of Muhammad as Gods prophet. à · Salat : The act of formal love to Allah à · Zawat : à · Sawm : Arabic word for fasting controlled by Islamic law. In the phrasing of Islamic law, the recognition of sawm during the Islamic heavenly month of Ramadan. à · Hajj : the journey to Mecca that each Muslim is required to make at any rate once in his life, if he has enough cash and the wellbeing to do so 11. Quickly depict the contention between the Sunni and Shiââ¬â¢ite Muslims. The faction happened when the Islamic prophet Muhammad passed on in the year 632, prompting a disagreement about progression to Muhammad as a caliph of the Islamic people group spread across different pieces of the world which prompted the Battle of Siffin. Partisan viciousness continues right up 'til today from Pakistan to Yemen and is a significant component of rubbing all through the Middle East. 12. What does ââ¬Å"caliphâ⬠mean? The central Muslim common and strict ruler, viewed as the replacement of Muhammad. 13. What is a ââ¬Å"Imam? â⬠The title of a Muslim head or boss 14. Portray in detail the blessed compositions of Islam: à · Qurââ¬â¢an : the holy content of Islam, partitioned into 114 sections, or suras: worshipped as the expression of God, directed to Muhammad by the lead celestial host Gabriel, and acknowledged as the establishment of Islamic law, religion, culture, and governmental issues. Hadith : Hadith is the assortment of the Prophet Muhammadââ¬â¢s explanations and activities combined with the announcements and activities of his buddies accepted to have been gathered 150 years after Muhammadââ¬â¢s passing, and it is the premise of law for Islamic or Sharia law. Muslims group hadith in four disti nct classes. The initial three classifications allude explicitly to Muhammad. Bit are the transmissions of Muhammadââ¬â¢s proclamations, filiare the transmission of Muhammadââ¬â¢s deeds or activities, and taqrir are the activities or deeds of the Prophetââ¬â¢s buddies or others that Muhammad has affirmed of. The fourth classification of arrangement is qudsi, which are the Prophetââ¬â¢s words, motivated by Allah, that are not recorded in the Quran. à · Sharia : the ethical code and strict law of Islam. Sharia manages numerous subjects tended to by mainstream law, including wrongdoing, legislative issues, and financial aspects, just as close to home issues, for example, sex, cleanliness, diet, supplication, and fasting. In spite of the fact that translations of sharia change between societies, in its strictest definition it is viewed as the dependable law of Godââ¬as restricted to the human understanding of the laws 15. Portray in detail the Aqida. Make certain to incorporate the six articles of the confidence. 16. Clarify the idea of Jihad. Make certain to incorporate the significance of the word ââ¬Å"Jihad,â⬠and the qualification between ââ¬Å"Lesser Jihadâ⬠and ââ¬Å"Greater Jihad. â⬠17. What is the importance of the Star and Crescent Moon, the image of Islam? The bow moon and star image pre-dates Islam by a few thousand years when polytheism was the larger part in the Middle East. The bow and star are frequently supposed to be Islamic images, yet students of history state that they were the symbol of the Ottoman Empire, not of Islam all in all. 8. What is the Aqiqa? Islamic act of shaving the leader of the infant male and contributing the weight in silver for a noble cause just as 2 sheep. One sheep is butchered for a child young lady. 19. Quickly characterize the accompanying gatherings: à · Nation of Islam : an association made primarily out of American blacks, pushing th e lessons of Islam and initially preferring the partition of races: individuals are known as Black Muslims. à · Wahabi : an adherent of ? Abd al-Wahhab (1703ââ¬1792), who severely contradicted all practices not authorized by the Koran. The Wahhabis, established in the eighteenth century, are the most traditionalist Muslim gathering and are today found fundamentally in Saudi Arabia. à The Twelvers : the biggest part of Shiââ¬â¢ite Islam. Followers of Twelver Shiââ¬â¢ism are generally alluded to as Twelvers, which is gotten from their faith in twelve supernaturally appointed pioneers, known as the Twelve Imams, and their conviction that the Mahdi will be as a matter of fact the returned Twelfth Imam who vanished and is accepted by Twelvers to be in occultation. 20. Characterize the accompanying terms: à · Arabia Peninsula of southwest Asia between the Red Sea and the Persian Gulf. Strategically, it incorporates Saudi Arabia, Yemen, Oman, the United Arab Emirates, Qatar, Bahrain, and Kuwait. Arabia has an expected 33% of the universes oil holds. à · Allah Islamic word for God à · Ishmael Son of Abraham à · Muslim An adherent and devotee of the lessons by the Prophet Muhammad à · Mecca City is Saudi Arabia, the strict place for one of the five mainstays of journey (hajj) à · Abu Bakr One of the nearby partners of Prophet Muhammad and the principal caliph à · Khailifahs Muslim religion pioneers or boss Mosque Muslim place of love à · Ramadan The ninth month of the year in the Islamic schedule, a period of fasting. à · Hajj The strict journey to Mecca, one of the five mainstays of Islam à · Sufism Islamic enchantment à · Ali Cousin and child in law of Prophet Muhammad, a caliph à · Hidden Imam Twelver Shii tenet holds that the twelfth imam didn't bite the dust however went into an otherworldly type of presence known as occultation, and will return towar d the finish of time as a messianic Mahdi to reestablish equity and value on earth. The consecrated dress of Muslim travelers, comprising of two lengths of white cotton, one folded over the flanks, the other tossed over the left shoulder. à · Kafir Infidel or agnostic à · Id Al-Fitr A celebration that parts of the bargains Ramadan à · Id Al-Adha Commemorates Abrahamââ¬â¢s ability to forfeit his child Ishmael à · Sunnah The lifestyle recommended by the standardizing of Islam à · Tawhid Asserting and keeping up the celestial solidarity, Islams focal regulation. à · Ummah Means ââ¬Å"the peopleâ⬠in Arabic, it alludes to aggregate network of Islam people groups
Saturday, August 22, 2020
Is Genetic Engineering Ethically Right Philosophy Essay
Is Genetic Engineering Ethically Right Philosophy Essay Is hereditary building morally right? Morals are gauges of good and bad, great and awful. Morals is the arrangement of good standards. They impact how individuals settle on choices and guide their lives. Morals are worried about what you should to do to satisfy your ethical obligation. There are two viewpoints to morals which are having the option to figure out what is correct or off-base, positive or negative and Committing to making the right decision and great. Moreover being moral is more than understanding what is the correct activity subsequently you ought to stay away from off-base and awful. Hereditary designing was found in 1970. It includes changing the hereditary material structure living beings. It regularly includes taking a quality from one living being and embeddings it into the hereditary structure of another life form. It enables to change numerous parts of nature and could bring about a ton of life sparing treatment. Hereditary designing is otherwise called hereditary adjustment or hereditary control. There are a few zones of hereditary designing for instance hereditary building of creatures, crops, incipient organisms, human cells and cloning. Cloning a human performed by taking hereditary materials from at least one human and hereditarily designing them into the qualities of another human, the primary well evolved creature to be cloned is Dolly the sheep. Scientists develop a few cells from the living being to be cloned, and expel the core from an unfertilized egg cell. They at that point take one of the refined cells and embed it completely into the covering around the egg. At that point electroshock the egg to make the two cells circuit, and embed the new undeveloped organism into a proxy mother. At the point when the child is conceived, two hereditarily indistinguishable people of various ages and with various birth guardians will exist, thusly the first human will have been cloned. Cloning can be valuable if there was a circumstance two or three has one kid and they become barren and can't have further kids. Cloning would assist them with having a subsequent kid yet it will a more youthful twin of the youngster they a s of now have. In addition if kid is lost not long after birth or in an unfortunate mishap they could have their infant or youngster back by cloning them however it would resemble a twin special people they won't have similar attributes. There are little gathering of individuals that help cloning. Supporters of cloning that cloning is exploitative than growing a plant from a slicing or bringing forth indistinguishable twins, the two of which include two independent and particular living beings with indistinguishable genomes. Since indistinguishable twins have precisely the same genome, yet at the same time grow up with various characters, clones are brought up in completely unique timeframes and social foundations will be altogether individual regardless of indistinguishable qualities. Along these lines for the supporters cloning is simply one more logical theme and they accept it will end up being a regenerative decision, and the individuals who wish to clone then selves must reserve the privileges to do. At long last the vast larger part of individuals contend that cloning people is both unnatural and untrustworthy. For example the cloned youngster wouldnt have a hereditary mother or father it would have a solitary atomic giver. For example if a man cloned himself that kid would be another classification of relationship to him as his clone, the youngster can't be his child or his twin sibling along these lines the kid would confront heaps of issues when growing up, different childrens at school will have guardians however this kid wouldnt. Numerous religions, for example, Hindu and Islam additionally item to cloning, they guarantee that it is playing God. Hereditary building of creatures remembers control of qualities for creatures of any species. Hereditary designing of creatures could have been occurring for a large number of years as people have picked which attributes they like in a creature and its appearance. They have played out this as particular reproducing they have then variety these creatures in an assortment of ways. There are three sorts of hereditary building that can be utilized on creatures, these are Xenografting-this is performed by utilizing the human DNA to enhance a creature or the other way around and model if this is creature valves and tissue been utilized in people. The human body acknowledges pig valves and hearts this is on the grounds that the researchers accept that the DNA of pig heart valves was comparative enough to people and that they were exchangeable under certain conditions. They are planning to cause pigs to develop human hearts that were coded by the DNA from people which has not yet gone after clinical preliminaries. On the off chance that this was fruitful huge numbers of the individuals lives can be spared utilizing the pigs heart along these lines the customers no longer need to sit tight for human heart. Cloning of creature utilizing the DNA of one creature to another creature with the indistinguishable hereditary data a case of this is Dolly the sheep. This is finished by embeddings the DNA of one creature into the hatchling of similar species. There are befits on it has incredible potential as a lucrative industry and furthermore in creating hereditarily indistinguishable animals for testing and repeat and clone for instance cloning the best cows that produce the most milk or meat this can be speedy and modest for ranchers. At last control this is the changing of creature DNA. A case of this is when researchers had an effective endeavor where they hereditarily built a pig to deliver human insulin that can be utilized to treat diabetes, this is gainful to people and it is being utilized restoratively to treat type one diabetes. Another sort of hereditary building is hereditary alteration of incipient organism otherwise called architect infant. In hereditary designing moral issues included. Morals Xenografting manages both human and creature there are morals associated with the two gatherings. Xenografting gives creatures human DNA and human creatures DNA. This can address individuals in light of the fact that a creature can't contain human DNA as it would not be a creature in the event that it did. Moreover creatures are a stage down from human in the food diagram along these lines if a chicken contain human DNA human might not have any desire to eat something that has a similar DNA. What are the present and potential advantages that make hereditary building of creatures worth while? How does the concoction based hereditary adjustment vary from the deep rooted procedure of particular rearing? Should organizations be permitted to patent the hereditary alteration of a creature? If not, what steps would they be able to take to secure their exploration? There are unlimited measures of inquiries engaged with hereditary building when all is said in done however I think the choices are especially jostling with creatures since they are fundamentally the same as people; more so than plants. Are people prepared to deal with a future where their bloodlines may incorporate creature qualities from somebody who got a pig/human heart transplant? For hereditary building of creatures to be valuable and functional people must grasp coming into contact with creatures that contain human qualities and the other way around. There might be people with pig hearts sooner rather than later. There are likewise hazards related with any sort of hereditary building, yet on the off chance that society can concur with it on a fundamental level it will prompt a ton of good. There is a gigantic measure of cash contributed as of now and considerably all the more sitting tight for an opportunity. Hereditary building is the thing of things to come. Strict convictions might be tried, hereditary building of creatures may not be a piece of things to come, however in some structure hereditary designing all in all will profoundly affect our future. When hereditary building of creatures is acknowledged a major issue is the connection among science and cash. Hereditary building is propelling gratitude to the a lot of green given by companies who consider it to be a speculation. On the off chance that they can build milk creation in cows or make creature/human organs that are not defenseless to dismissal they will be rich. This sort of innovative work has potential as a lucrative gadget, an examination instrument, and in medication. Clashes Between Industry and Medicine The fight is between private ventures and other cash, government and private, hoping to propel the science. On one hand hereditary designing of creatures has incredible guarantee. It could illuminate the deficiency of organs which murders a huge number of individuals every year as they sit tight in line for an organ they may get past the point of no return. This is something that has extraordinary guarantee as a venture and a resource for society. There are other all the more short named lucrative research extends that spoil established researchers and hurt the government assistance of society. These are things connected rarely with the clinical field yet more regularly with creation. For instance the utilization BGH (Bovine Growth Hormone) in dairy animals to expand their milk creation. This was not a clinical concern and it has hardly any advantages, with the exception of eliminating brushing land, yet enough milk was at that point being delivered. These creation disapproved of tas ks spoil the clinical guarantee of hereditary building and transform it into a hazardous lucrative plan. There are numerous dangers related w ith hereditary designing. It is a field that isn't totally comprehended and there are numerous dangers included; illness (both for one age or hereditarily based), disease from creature qualities, and a limitation of the hereditary base (like inbreeding) with additional to come. Hereditary designing will be a piece of our future and DNA from non-human creatures has just been helpful. Before long this hazardous new industry will discover its cutoff points inside societys ethics. Cloning Cloning in creatures can be practiced by embeddings the DNA of one creature into the baby of a similar specie alongside a vector which gets clears out the DNA as of now in the incipient organism. Some of the time the vector doesn't dispose of the first DNA of the hatchling or the baby doesn't embrace the new DNA. It took 277 endeavors for the researchers to clone Dolly from the skin cell of a multi year old. This shows a portion of the deficiencies of cloning that are probably going to change with time. Right now researchers experience difficulty cloning incipient organisms without unsuccessful labors. The e
Monday, July 20, 2020
Financing Your Business through Venture Capital
Financing Your Business through Venture Capital © Shutterstock.com | DRogatnevIn this article, we will start with 1) an introduction to venture capital and 2) venture capital terms you should know, continuing then with 3) people behind venture capital funds, 4) how to choose the right VC fund for a business, 5) the process of getting venture capital funding, and 6) a conclusion.INTRODUCTION TO VENTURE CAPITALWh en a new business is started, money is required to launch it, to pay employees, and to rent space, furniture, equipment, supplies etc. Often, ventures are financed through means other than banks and financial institutions, which may refuse financing due to a number of reasons including high risk or innovative business ideas. In such cases, venture capital is a good way to finance your venture. Funds lent by investors to startups and small businesses with expected longer term growth potential, is venture capital. It is investing in an enterprise where there is a substantial element of risk for the investor, yet it has the potential for greater than average returns.Venture capital funding is most often in the form of cash for a share in the equity of the startup. Most VC comes from an investor group, investment banks or other funding enterprises. These investors are not merely funding your venture, they also are experts of their field and will want to have a say in the administration and running of your business.There are some differences between venture capital and traditional funding. The most important ones are:VC focuses on startup business and young companies that are expected to grow exponentially.VC invests cash in exchange of equity, which means that the VCâs have a more active role as compared to traditional funding sources where there is no investment but a cash loan is provided.VC invests in companies that are high risk, but expected to yield higher returns.The investment provided by VC is for a longer term than traditional finance.VC has an active directorial governance of the enterprise , as also in strategic marketing, and technical guardianship, etc.VC funding is conditional to the enterprise going public at the end of a period of 3 â" 7 years in the hope that by then the company will have become profitable and the equity can be cashed and profit booked. The cash thus realized for VC firm is put back into the fund. A successful cycle for the VC fund portfolio is to profit manifold over the original investments. The profits are disbursed to the investors according to their contribution percentage of the fund.For example, a fund invests $100 million in 10 companies ($10 million each). Some of these will fail, some stand still, and some may do well enough to go public. Those that eventually go public, may be worth a hundred million dollars. From a $100 million total bet, a fund may yield $200 million over a 3 -7 year period. The law of averages works here with the successful ventures covering up for the not so successful investments for the VC. The skill of the art is, Knowledge.VENTURE CAPITAL TERMS YOU SHOULD KNOWEquity capitalEquity capital or funding, means cash raised by an enterprise in return for a share of ownership in the company. It is represented by outright ownership of shares and stock, or a legal agreement and status to convert other financial instruments into stock. Key sources of equity are angel investors and VC firms. VC is long term or âpatient capitalâ, which gives startup firms time to mature as profitable entities before encashing the investment.Venture fundA classic approach for VC firm is to open a fund; i.e. a pool of money, attracted from wealthy individuals, companies, and pension funds, etc., for the VC firm to invest. The firm raises a fixed amount for the fund.Seed fundingWhen a private individual or investor finances a startup in its initial stages, it is known as seed funding. The amount invested as seed capital or seed money is dependent entirely upon the investorâs whim. The money is invested in exchang e for an equity share in the startup. This is very early stage funding, to support a venture until it can sustain itself, or is ready for more investment. Seed options include family, friends, angels, and crowdfunding.Series A FinanceThe initial phase of finance for a young firm venture after seed investment is called Series A Finance. Generally, it is the first opportunity offered to external investors to make an investment in a startup. Series A may be in the form of preferred stock and include non-dilution exceptions, in the event that a further financing round occurs in the future. Known also as âA roundâ financing, it tends to occur when a company is generating some revenue, but rarely will a business generate net profits at this stage.Second RoundIt is the financing of working capital for early stage companies that are selling products, but not quite yielding a profit. This is also known as a âSeries Bâ round.Bridge FinancingWhen a startup requires extra funding betw een full VC rounds it called Bridge Financing. This is typically to raise small amounts rather than a full funding. Generally the existing investors will fund the bridge finance too, but it is not essential that they do so.Capital call or Draw downThis is a legal call by a company that has been promised funding to demand it of its investors. Sometimes, the VC also face a cash crunch due to slow financial market or other related reasons, under such circumstances, they are unable to find the money required to invest in a company that they had promised to fund. Under such conditions, the company can legally demand the funds it has been promised by the VC.PEOPLE BEHIND VENTURE CAPITAL FUNDSWho runs a VC fund, and their powers?Former entrepreneurs, financial professionals, and similarly experienced individuals set up VC funds. These individuals are called the GPâs or the general partners. They are the people who decide the size, investment options, and offers of a VC fund. Based upon t hese recommendations, suggestions and offering memorandum, investors who wish to become the limited partners or LPâs invest their money in the fund.GPs They are the people who manage the VC fund and make investment decisions on its behalf. GPâs typically place personal capital up to 1 2% of the fundâs total amount to show their commitment to the LPâs.Venture Partners They are the deal brokers for the fund. These are the partners who find the investment options for the fund and its partners. They get a percentage of the deals they introduce as compensation.Principals They are mid-level players in the fund and are often working their way up to the position of becoming a partner in a fund. They are generally people who have risen up the ranks from associates to senior associates. They often have commensurate expertise in an allied field, such as management consulting, or a sector thatâs of keen interest to the VC fundâs strategy.Associates This is an entry level posit ion in the VC. They may rise through the ranks if they are good enough. Normally, to become an associate in a VC, the person has to have a few yearsâ experience in an allied field such as investment banking and management consultancy.Entrepreneur in Residence EIRâs are the resident evaluators of the VC funds. They are generally experts of their field and are entrusted to study any potential investment opportunity, sound it out and approve it before the VC makes an offer for investment. EIRâs are temporarily commissioned by VC firms, typically for periods of six to eighteen months.HOW TO CHOOSE THE RIGHT VC FUND FOR A BUSINESSChoosing the right fund for your business very important. You need to know which funds are interested in your line of business before you approach them. Do your research about a fund by defining your needs and asking questions such as:Do I need funding?What type of funding do I need?What is the stage of my firmâs development, and what level of VC invest ment is sought?What is the quantum of funding the firm requires?Once you have determined your own requirements then you can begin your research on the VC funds that might be interested in your firm. Research the VC firms by:Finding out as much as they can about a fund: Internet has provided you a powerful tool to discover more about the VC you are interested in. look up the internet to learn about the firm and what is being said about it on the social media. This will provide you with a clear enough picture to determine whether the VC is for you or not.Asking Questions about the funding and viability of the fund: Study the investment pattern of the fund. If it hasnât made an investment in the past few months, it could mean that the fund might be facing finance crunch. Also look into the average size of the funding to know how much funding you can expect.Discovering the fund cycle and pace: Most funds have a fund cycle and pace at which they fund new ventures. They may be funding o nly so many ventures in a quarter. If their quota is over, it is useless expecting them to invest with you.Whether the partners in the fund work well together: A fund where the partners all work together well is the one you should associate yourself with. Cohesiveness is important since these people are going to be sitting on your management board and directing your business to an extent. If there is no harmony it is bound to affect your enterprise too.Look for the perfect angel investor: Pick out your angel investors wisely. Look for people who are well connected in the VC world and will help you later in finding a VC to invest in your idea.Choose wisely: Above all, choose your VC wisely. Do not hurry into the contract look at all the pros and cons before accepting an offer.If you are looking for a venture capital fund here is a good resource of the top 100 Funds that invest in early stage startups.THE PROCESS OF GETTING VENTURE CAPITAL FUNDINGOverall, the process of VC funding usu ally involves several phases in a companys development, which generally follow these steps:Step 1: Preparing a Business Plan.This is perhaps the most important part of the process of VC funding. You need to have a detailed business plan with all the various stages of your venture described in detail including the financial outlay for each stage. It should systematically assess all factors critical to the business and its goals. It should be accompanied with a Mission Statement which is a concise outline of your business and summarizes the intended business purpose, goals and exactly how they will be executed. Focus on the specialty market intending to be served and the USP of your venture. More often, specialists fare better with VCs.Step 2: Contacting VCs and pitching business idea.The next step is to find a VC and to present your business plan to them in order to interest them in your project and get a promise for investment. Ensure that you include the resumes of all the major pe ople involved in your enterprise and their previous experience in similar projects. It helps if you concentrate on the following:People behind the firm: VCâs are more interested in the potential of the people who are behind the idea being pitched to them. They are more likely to be interested in projects where the associated people have a track record of some sort and have experience in their field. Also passion and enthusiasm for the project also affects the decisions of VCâs.Try to get referrals : VCâs place a much higher priority on companies and entrepreneurs that are referred or endorsed by people they know and trust. This is why it is important to have angel investors or consultants who are well known or connected in the VC world. They can then get you a warm introduction which can go a long way in settling the decision in your favor.Gain traction, follow up: Before the VCâs loosen their pockets for you they need to be sure that you have the wherewithal to deliver what you promise and that your project has market potential. This may necessitate a pilot project or beta testing to demonstrate the market traction. Follow up the market test with reports that can be displayed to the VCs to convince them off the viability of your project.Step 3: First Contact with VC (a call with an associate).You start at the bottom with an associate of the VC looking over your Mission statement or business plan to determine whether the VC would be interested in your project or not. This is the person who determines the future of your venture at a VC. If the associate is convinced of the idea, he then schedules a call to speak to you about the project and where you wish to take it. If this goes well then the your file moves along to the next level to a partner meeting where you plan may be discussed.Step 4: First Meeting.If your plan is good enough to interest a partner, you may be invited to a meeting. This initial meeting could be scheduled at their office or your o ffice, whichever is more convenient for both parties. You can expect to be asked the following during this meeting:What is your experience and your educational background and other such questions that may give them insight about you and your abilities.Details of your team members and their qualifications and experience to gauge the overall expertise of the entire team.Who or what you perceive as your competitors and how your project will match up to the competition.About Product Differentiation.Whether you are aware of your market and its size.What exactly your funding requirements are.If you arrive at a general valuation range that suits both parties, the partner may require a presentation in person, or via videoconferencing to their associates.Step 5: Initial Due Diligence.Once the partners are satisfied with their interaction with you and your presentation of your project. They may ask for your financial records to go through them to ascertain the health and viability of your com pany. They may also ask to speak to your team members and customers to gauge your worth.Step 6: Term Sheet.If all is proceeding positively, the VC firm may furnish you with a term sheet. This document contains the details of all the terms and conditions under which you are being offered the money. This is generally about three to ten pages and is indicative of an investment interest. The VC, with the term sheet, is attempting to forge agreement around the general terms of a deal before lawyers create a thorough investment agreement proposal.Step 7: Negotiations (about valuation and other terms).Go over the term sheet with your lawyer and if there are any areas you feel need to be negotiated, mark them out to be discussed with a partner or an associate. Bear in mind that a term sheet contains comprehensive protection clauses for the VC, these can significantly reduce any valuation to an entrepreneur. Its vital to engage an experienced lawyer with you, to negotiate a term sheet. This process may take several months. Your negotiating power is limited by certain factor such as your need for money, you and your firmâs reputation, the need for the finance, experience, market conditions, etc.Step 8: Complete due diligence.This may require a full disclosure of all your financial records, documents, contracts, etc. The VCs have to know all about your project before they hand over their money to you. You need not be scared, just provide the information asked for. Remember, they are going to be part owners in your venture as well as co-administrators and decision makers, so there is nothing to hide here really.This due diligence will cover many aspects including:Full business planDetailed sales pipeline by customer typeDetailed operational plan and budgetHiring planDetailed revenue assumptionsAudited financial statementsBank reconciliation detailProduct Pricing listDetailed product roadmapCustomer, Employee, Insurance, and Lease contractsRelevant whitepapers and analys t coverageDetails on IT infrastructureCurrent partner listLead generation processesCustomer satisfaction surveyCustomer reference listDetails on intellectual propertyCurrent capitalization chart with options detailOrganizational chartSalary and bonus structure for companyEmployee turnoverManagement background checksCompetitive analysisExpected acquirersPast board meeting minuteStep 9: Investment documents and signing them.Signing terms prematurely, before completing due diligence is construed as a desperate act. However, assuming progress, you will receive a final investment document from the VCâs lawyer. Review it closely with your legal team and negotiate required alterations. Pay attention to any representations or warranties you are confirming as an officer of the company, and also personally. A final investment document usually states:Share Purchase Agreement;Investor Rights Agreement;Right of First Refusal and Co-Sale Agreement;Voting Agreement.VCs dont generally want the co mmon shares that exist when a company is founded; they want preferred shares as they have a number of protections, like liquidation preferences and voting rights. These provide VCâs with downside protection and control.Step 10: Execution with VC support.Once the documents are signed, the VCs start taking active interest in the enterprise. Typically the funds are not invested in one go. They are released over a period of time and are most often linked with milestones completed.Step 11: Exit.Though VCs are investing in you for a longer term than traditional financer would, they are in it only to nurture you and take you so far, book a profit and then take their leave of your venture. This process may take about 4-7 years. The exits are planned through merger, or acquisitions, or through going public and launching an IPO.CONCLUSIONOf the thousands companies with business plans that apply a vast majority never get anywhere near a VC. Hundreds of applications are examined each day and may be just one or two of those may make it anywhere beyond an associateâs desk. So the question rises, how likely is it to get venture capital funding?If you are in a severe cash crunch and have a winning business plan, you may try the VCs for funding. Overwhelmingly, VCs prefer to invest in any enterprise after its potential has been exampled and an investorâs risk diminished. VCâs are choosy! In a free capitalist market place there is always more hope than actual success.By building a venture to a level where its potential is self-evident, one is more assured of attracting several VC funds. This enables one to choose the better VC fit for an enterprise, to negotiate preferable terms, while retaining more of the business and its control. But if you already have a proven business plan, then do you really need a VC in the long run? You would be handing over a large piece of your pie and administrative rights to a VC in exchange for finance.There are no simple remedies here. VC âs could be the greatest thing to happen to a company or the worst scenario. The choice is to finance a startup oneself, and for the time being stay small, or take a risk and seek venture capital. However, be aware that in the marriage, there is no divorce.Just because one reads about venture capital, the venture capitalists, and their publicized winners, does not automatically translate to one receiving a slice of that VC fund. So think before you waste your precious time chasing the VC dream.
Thursday, May 21, 2020
Decisions to Drop the Bombs on Japan Essay - 872 Words
Decisions to Drop the Bombs on Japan War in itself is an atrocity, to kill or be killed in the name of whatever government chooses to go to war over. Taking lives in order to save lives is the most outrageous oxymoron ever heard, yet during the end of WWII taking the lives of Japanese people saved America from fighting on home soil. Many factors play a role in the final decision to drop the atomic warheads on Americas enemy, yet in the end after all is said and done America was simply defending her land and right for freedom. America was under attack in a war fought on foreign soil. No one wanted the war to be brought on American soil and all Americans wanted the war to be over to assure safety of the American people. The atomicâ⬠¦show more contentâ⬠¦Next they saw a giant pillar of purple fire, ten thousand feet high, shooting skyward with enormous speed. (233-4) The atomic bomb had such an excess amount of energy it makes one question the reason or absolute need to use such tremendous force. May be slightly too much power than should be needed. Living as a civilian in Hiroshima on the dark day of August 6 1945 would be the most frightening thing to imagine. First an amazing brilliant flash drawing attention as if a new sun is birthed with a core bursting heat in every direction. The bomb erupted into a fireball fifteen meters in diameter within a tenth of a millisecond emitting temperatures of nearly three hundred thousand degrees Centigrade (Laurduy). Doom is a certainty and a tragic event subdued by the effects of war. It is easy to say we should have dropped the bomb as outsiders. Taking the facts and coming to the most logical conclusion, yet how many would say the bomb was necessary that were near the bomb and experienced the destruction and decay the bomb brought to the land? Not very many. John Herseys Hatsuyo Nakamura was written about survivors of the atomic blast in Hiroshima. His work is very powerful in America and after reading his work one can not help feel remorseful for the woman in which HerseyShow MoreRelated Autonomy and Responsibility The Decision to Drop the Atomic Bombs on Japan1299 Words à |à 6 PagesAutonomy and Responsibility The Decision to Drop the Atomic Bombs on Japan Along with being a world superpower comes a long list of resposiblilities. One such responsibility is the decision of how to deal with other nations when they get out of line. People will always point fingers at who they think is at fault when a nation has to go to war with another. One such example of this is when the United States was brought into the Second World War because of the bombing of Pearl Harbor. By becomingRead MoreThe Atomic Bomb Of Hiroshima And Nagasaki1515 Words à |à 7 Pagesnecessary for President Truman to drop the atomic bomb in Japan? Was it necessary for Truman to drop the Atomic Bombs on Japan in World War II? On August 6, 1945, the first atomic bomb was dropped by a US aircraft on Hiroshima. This atomic bomb was dropped to force Japan into surrender, this bomb alone destroyed Hiroshima and over 90,000 people were instantly killed in the explosion and an additional 100,000 people perished from burns and radiation sickness. Japan refused to accept surrender afterRead MoreThe Atomic Bomb : President Truman s And America s Hardest Decisions1354 Words à |à 6 Pagesand heated. The decision to drop the atomic bomb was one of President Trumanââ¬â¢s and Americaââ¬â¢s hardest decisions. It would put an end to one of the deadliest wars but take the lives of many innocent people in the process. To this day, people wonder if it was worth it. Despite the controversies and barriers for the decision to drop the bomb in early August 1945, America committed to the total annihilation of Japan. One controversy over the dr opping of the bomb is the fact that Japan was not given fully-disclosedRead MoreEssay Pres, Truman Atomic Bomb Decision1421 Words à |à 6 PagesPresident Trumans Decision to drop the Atomic Bomb on Hiroshima and Nagasaki During World War II the war in Europe ended after the unconditional German surrender at General Eisenhowers Headquarters in Reims, France, May 7, 1945. After the unconditional German surrender in Europe the war shifted to Asia and the Pacific. As the war continued against Japan the Allied forces captured islands such as Iwo Jima and Okinaawa close to Japan brought the Japanese homeland within range of naval and airRead MoreTruman s Decision For The Atomic Bomb980 Words à |à 4 Pagesforever. Are other countries making the same bomb? What if it falls into the wrong hands? They would have the power to eliminate whatever they wanted.â⬠Harry S. Truman had the tremendous decision that could and would change life forever. The atomic bomb was not like any other bomb. The atomic bomb dropped on Hiroshima, also known as Little boy was the biggest atomic bomb the world has ever seen. Truman made the right choice of choosing to drop the bomb on Hiroshima and Nagasaki because it saved li vesRead MoreHarry Trumans Decision to Drop the Atomic Bomb1314 Words à |à 6 PagesTrumanââ¬â¢s decision to drop atomic bombs on Hiroshima and Nagasaki justified? A. Plan of Investigation Research Question: To what extent was Harry Trumanââ¬â¢s decision to drop atomic bombs on Hiroshima and Nagasaki justified? This investigation assesses President Harry Trumanââ¬â¢s decision to drop atomic bombs on both Hiroshima and Nagasaki. It will determine whether or not his decision was justified. This investigation will scrutinize the reasons that made Harry Truman feel inclined to drop atomicRead MoreThe Atomic Bombs910 Words à |à 4 Pagesthe 20th century, specifically the year 1945, the United States of America had two atomic bombs that the commander and chief, and president at the time, Harry Truman, knew about. President Truman plan was to drop the bombs on two of Japans cities, Hiroshima first and then Nagasaki. Trumanââ¬â¢s plans went accordingly, which to this day leads to a very controversial topic on whether or not dropping the atomic bombs was a good or bad thing. There is evidence and reasoning to back up both claims, in whichRead MoreDebating History : Atomic Age947 Words à |à 4 Pagesthe belief that Americans had of the war was one of invading Japan and ending the war in tr aditional style and in traditional surrender. However, to the efforts of J. Robert Oppenheimer and fellow associates changed the course of warfare and history by creating the atomic bomb. The Manhattan Project The Manhattan project was a very key point in history that involved the production of the bomb and of course the plan on attacking Japan. When World War II started, J Robert Oppenheimer, who was a professorRead MoreImagine, Being The President Of The United States, The960 Words à |à 4 PagesJapanese would not sign an unconditional surrender. Japan refused to surrender because they wanted to be an industrial power. They were attempting to become a world power, by overtaking other countries, taking more living space and resources for their country Japan, a member of the League of Nations, was condemned for their actions. The Japanese did not appreciate being condemned for their actions, so they eventually left the League of Nations. Japan was so desperate to honor their culture, that theyRead MoreThe Atomic Bomb On Japan1625 Words à |à 7 PagesIn 1945, a decision was made that would change the world. President Harry S. Truman gave the order for the United States to drop atomi c bombs on the Japanese Empire. Now, almost seven decades later, that decision is still the topic of much debate. Why did Truman decide to use a weapon so destructive that it could kill hundreds of thousands of people at one time? Was the decision he made the right one? It is important to examine the factors that went into this difficult decision before taking sides
Wednesday, May 6, 2020
Case Study The Automobile Manufacturing Industry
The automobile manufacturing industry is one of the largest industries in the United States and there are some worldwide famous companies such as Ford and General Motors. Henry Ford innovated mass production techniques that became standard, with Ford, General Motors and Chrysler emerging as the ââ¬Å"Big Threeâ⬠auto companies by the 1920s (Foner - Garraty 1991) (Bland,A).â⬠As I wrote earlier, Ford, General Motors and Chrysler are called ââ¬Å"big threeâ⬠. They used be the best of best and still are. But the appearance of those companies such as Toyota, Honda, Nissan, Volkswagen and FIAT make the industry more competitive. Now, we (consumer) have more choices which car to buy and that s how the industry become more and more competitive. According to the Motley Fool, Toyota sold 10.23 million vehicles in 2014 and ranked number one (Rosevear, 2015). Volkswagen group ranked the second, it sold 10.14 million vehicles in 2014 (Rosevear,2015). Finally, General Motors the company from the United States ranked the third place, it sold 9.92 million vehicles worldwide in 2014, falling to third place in a race that it led as recently as 2011. But GM is under different management these days, and CEO Mary Barra is focused much more on the company s profitability than she is on its sales rankings. Given that GM s profits have trailed its global peers for years, that s absolutely the right emphasis now (Rosevear, 2015). And Ford Motor Company ranked at sixth with its sales of 6.32 million.Show MoreRelatedCase Study : Global Automobile Manufacturing Industry1109 Words à |à 5 PagesWhen analyzing and industry, it is important identify and define the industry in question before the industrial analysis begins (Parnell, 2014). Additional important considerations when analyzing an industry include determining which stage in the industry life cycle the industry currently resides, as well as a thorough identification and analysis of key competitors. Skoda opera tes in the global automobile manufacturing industry. The global automobile manufacturing industry, for the purpose of thisRead MoreBrazils The Brazilian Automobile Industry1461 Words à |à 6 PagesKubitschek, established a plan to develop an automobile industry. The plan included attracting foreign automaker investors into the Brazilian automobile industry with financial incentives and the use of market restrictions. Volkswagen, Ford, and General Motors embraced the plan and competed to be market leaders in the Brazilian automobile industry. In this case study we will look more closely into why the Brazilians wanted to build an automobile industry. We will examine the strategy that the BrazilianRead MoreResearch Report On Elon Musk Cofounded Tesla Motors Essay1454 Words à |à 6 Pages(Rothaermrl, Zimmer, 2014 p.4). These foreign automobile manufacturing companies have over the years eaten into the market share of local firms, which as at the end of 2012 stood below 30 per cent because of the quality, and fuel efficiency of these cars and other features. The automobile market in the United States is currently not very attractive. Firstly, the number of competing firms in the industry has gone up to more than eleven firms competing in an industry that has high revenues volatility. ChangesRead MoreCase Study on the Rise of the Indian Automotive Industry1174 Words à |à 5 Pages Case Study on the Rise of the Indian Automobile Industry Anthony Bradley Brown Mid-Continent University MGT 6013; DL 4M Case Study on the Rise of the Indian Automobile Industry The purpose of this document is to assess the growth of the automobile industry in India, and to discuss some of the advantages and disadvantages of manufacturing automobiles on a large scale in this region. As the car manufacturing industry in this region grows, it is important to understand why companies wouldRead MoreThe Concepts Of Activity- Based Costing1584 Words à |à 7 PagesInterdepartmental Dependencies in Manufacturing Brian L. Ayers Professor Christie Novak Syracuse University September 30, 2015 ABSTRACT This paper will discuss and analyze the concepts of Activity- Based Costing (ABC) in the manufacturing industry. Specifically, the document will focus on General Motors (GM), and the innovation of one of their manufacturing facilities who used ABC to predict energy usage in the manufacturing of automobiles. The study yielded a successful ABC predictiveRead MoreThe Concepts Of Activity- Based Costing1344 Words à |à 6 Pages ABSTRACT This paper will discuss and analyze the concepts of Activity- Based Costing (ABC) in the manufacturing industry. Specifically, the document will focus on General Motors (GM), and the innovation of one of their manufacturing facilities who used ABC to predict energy usage in the manufacturing of automobiles. The study yielded a successful ABC predictive energy model which provided a structure for competitive advantage for the corporation. INTRODUCTION General Motors (GM) is one of theRead MoreU.S. Automobile Manufacturing in the Twenty-First Century1540 Words à |à 7 PagesThe innovation of the automobiles had a significant social and economic impact on the United States. In the early 1900s, Henry Ford was well known for establishing the Ford Motor Company and five years after he launched his company, he introduced the first Model T (History.com, 2013). During this time, automobiles were considered luxuries, and 10,000 Model T automobiles were sold that year (History.com, 2013). In the 21st Century, automobiles are no longer luxuries but necessities. In additionRead MoreS Curve for Ev1155 Words à |à 5 PagesS-Curve Insight into the Electric Automobile Industry Introduction Many technological improvements have been made to vehicles to reduce their environmental impact. Some of these advances have been imposed by environmental legislation, others have been incentivized by commercial pressure to improve energy efficiency and limit our dependence on fossil fuel. Greening the transportation sector is thus important for meeting global emissions reduction targets. One innovative technology to achieve a greenRead MoreBMW USA: Country of Origin and Consumer Perception697 Words à |à 3 Pagesbut this is often not the case with finished goods (Jones Martin, 2012). Country of origin is therefore typically determined on a case-by-case basis, with the country providing the bulk of manufacturing usually considered the country of origin but with major materials suppliers or corporate domestic operations sometimes serving as the basis for country of origin selection (Jones Martin, 2012). Despite the fact that BMW USA has a substantial US-based manufacturing operation, the company andRead MoreGeneral Motors And The U.s. Auto Industry1029 Words à |à 5 Pages Five Forces Analysis of General Motors and the U.S. Auto Industry Trinity Washington University Jessica Jackson I realize the responsibility involved in membership in the Trinity community. I agree to abide by the rules and regulations of this community. I also affirm my intentions to live according to the standards of honor, to which lying, stealing, and cheating are opposed. I will help others to maintain this responsibly in all matters essential to the common good of the community.
Small Scale Business Management Free Essays
TABLE OF CONTENTS à EXECUTE SUMMARY This is a business expansion. The business name is Mcraj Arts Designs ââ¬â catering and decoration busi. t started on 04 December 2010. We will write a custom essay sample on Small Scale Business Management or any similar topic only for you Order Now It was funded by Department of Youth on the 29th June 2010. When I started this project my aims was to make something that is unique in my place, I wanted to combine catering and decoration as I have registered at registration of companies, the project that I wanted to run was to hire tents with catering combined with a garden decorated for photos and video shooting. Unfortunately the finance that I got from the Department of Youth wasnââ¬â¢t enough for the project. In catering t be done during wedding, parties and funerals ceremonies because some customer they usually ask why is it not possible for me to cater for them with food also. And I will be catering for rallies, exhibitions, workshops and meetings because in my area when there are activities like workshops, rallies and exhibition they ask for catering of youth first. And in Kgalagadi north there is none existing business of youth for catering. I have also realise that in my area there is no resting place and where people can take photos and video shooting. Then I came up with an idea for a plot for photos and video shooting and sometimes. And sometimes people need to celebrate their weddings outside their place thatââ¬â¢s is why I came with an idea of making a plot decorated for photo and video shooting, this will be not only for photos and video shooting and it will be for the customer who want celebrate their weddings and parties outside their place. In may market research, their some customer who need a place for resting with their friends and families. As for now I have been operating tent hire only. Since I have started this project I have realised that during festive season there is shortage of tents in areas because this festive I have more than four to five customers booking tent on the same date but I have only one tent. I have realise that I have to increase numbers of tents so as to cater for more events on the same date. According to income statement of my business from December 2010 up to December 2011 I have realize that the loss that I have is only for buying materials and transport as can see from attached documents. When I started the business the project was having full equipped materials especially dress lining for draping and decorations. My plans was to start saving for the project after I had full equipped material in the tent and also to buy small gazebos and jumping castles as my customer usually need then they hire the tent. The business was operating by the following organization and management structures. MANAGING DIRECTR {NONOFO SETLHOGILE} CLEANERS TENT PITCHERS TENT DECOTATORS NALEDI SETLHOGILE KEORAPETSE RAMOSESANE RAPELANG TSIENYANE KEOSIILE KARABOOTENG SEGOLE LETSHOLATHEBE MOHEME KEOBAKILE SEGOLE MOLEFI TSHIDI OBJECTIVE * To promote rural development and stimulate the provision of other services in remote areas of the country and also to reduce rural urban migration. * To lead other youth by example and encourage them to venture in to sustainable and viable income generating projects. * Generate employment mainly in rural areas and improve our standard of living. ORGANIZATION AND MANAGEMENT STRUCTURE As the business will be expanding the structure will be as follows MANAGING DIRECTOR 1 SECRETARY ACCOUNTANT 1 1 CLEANERS TENT PITCHERS TENT DECOTATORS DRIVER 2 64 1 STOCK SUPPLY GROUNDS MAN COOKERS 1 24 OPERATIONAL PLAN The business will be providing tents for hire with catering and a garden decorated for photos and video shooting and the business will be operated by 23 employees as you can see from the organization plan. The managing director will be a decision maker, supervising the whole project to see if all work is done properly. The accountant will be doing records and booking keeping and also the employees payments. Secretary will be typing the projects minutes and hand ââ¬â to ââ¬â hand with the accountant. Cleaners will be cleaning storerooms, doing the laundry when there is a tender for tents hire, clean plates, glasses, cutlery, chafing dishes and bowls Tents pitchers will be washing tents before the events, also pitch tents during the events Tents decorators will be preparing decorations, lining for draping according to the colours of events and decorate during events. Driver will be transporting equipment wherever the events are, acting as messenger e. g checking mails at the post office and also transporting employees for caterings. Grounds men will watering, cleaning, cultivating, cutting trees and lawns and the garden plot. Cookers will be cooking food for events and acting as cashiers e. g weddings, parties, funerals, workshops, rallies, exhibitions, individuals e. t. c Stock supply will be supplying employees with equipment needed e,g books at the office, pins, cable ties, draping materials, decoration equipments for tents and count equipments like tables, chairs, cutlery, plates, chafing dishes, and glasses before and after the events to see if they are which is missing and also buy all materials that will be needed in the business. MARKET PLAN TARGET MARKET The business will be targeting wedding events, parties, funerals, meetings, workshop, rallies, exhibitions and individuals as the business will be offering combined services making wedding planning simpler and cheaper. Prices will be affordable with high quality services and good customer care. MARKET SIZE SALES FORECAST GOODS/SERVICES| YEAR SALES| UNIT PRICE(BWP)| TOTAL AMOUNT(BWP)| TENTS| 10 X 24m| 13| 19à 500. 00| 253 500. 00| 9 X 18m| 15| 6à 000. 00| 90 à 000. 00| 7 x 15m| 17| 5à 800. 00| 98 à 600. 00| 9 x 9m| 30| 1à 200. 00| 32à 000. 00| CATERING| Breakfast| 550| 20. 00| 11à 000. 00| Booking breakfast{placed orders}| 550| 25. 00| 13à 750. 00| Tea break| 530| 20. 00| 10à 600. 00| Booking tea break{placed orders}| 550| 25. 00| 13à 750. 00| Lunch| 810| 25. 00| 20à 250. 00| Booking lunch{placed orders}| 1400| 35. 00| 49à 000. 00| Super| 540| 25. 00| 13à 500. 00| Booking supper{placed orders}| 1300| 35. 00| 45à 500. 00| GARDEN| Full day| 17| 3 500| 59à 500. 00| Half day| 32| 2 500| 80à 000. 00| TOTAL SALES REVENUE| 790à 950. 00| COMPETITORS My competitors are: Tents * Itshome tent hire * Lokgwabe home base care tent hire * Mantle tents hire * Thatiââ¬â¢s tents hire Catering * Itabeni guest house * welcome restaurant. Garden * I have none existing competitors for garden plot which be operated for resting, photos and video shooting MARKET SHARE: The price that I have for tent hire 9 x 18 m with chairs, rectangle tables, cutlery, plates, glasses, draping, carpets(green and red), stand and decorations catering for 200 people is BWP 6à 000. 00 per event. Prices of my competitors are as follows: TENTS * ITSHOME TENT HIRE: fully equipped (tent 9 x 24m, chairs, rectangle tables, cutlery, plates, glasses, draping, stand and decorations) catering for 250 people ââ¬â BWP 12à 000. 00 * MANTLE TENT HIRE fully equipped (tent 9 x 21m, chairs, rectangle tables, cutlery, plates, glasses, draping, stand and decorations) catering for 200 people ââ¬â BWP 10à 000. 0 * LOKGWABE HOME BASE CARE: only tent of 5x10m with chairs, rectangle tables, plates, glasses and cutlery : catering for 50 people ââ¬â BWP 2à 500. 00 * THATIââ¬â¢S TENT HIRE: only tent of 7 x 15m with Lokgwabe chairs, rectangle tables, plates, glasses, cutlery, draping and decorations; catering for 100 people ââ¬â BWP 5à 200. 00 CATERING * ITABENI GUEST HOUSE: Breakfast ââ¬â P 25. 00 Tea break ââ¬â P 25. 00 Lunch ââ¬â P 28. 00 Supper ââ¬â P28. 00 Bookings for events{placed orders}: Breakfast ââ¬â P 30. 00 Tea break ââ¬â P30. 00 Lunch ââ¬â P40. 00 Supper ââ¬â P40. 00 * WELCOME RESTURANT: Breakfast ââ¬â P 27. 00 Tea break ââ¬â P 25. 00 Lunch ââ¬â P 30. 00 Supper ââ¬â P30. 00 Bookings for events{placed orders}: Breakfast ââ¬â P 35. 00 Tea break ââ¬â P30. 00 Lunch ââ¬â P45. 00 Supper ââ¬â P45. 00 MARKET STRATEGIES I intended to beat other suppliers in the area of my market by providing products / services with affordable prices. I will be maintaining high quality services to retain customers and build a reputation in the market e. g my tents will be having caterings, jumping castles, and gazebos. And also I have designs an arcs that will be decorated in front of tents and also others that will be partitioning inside the tents e,g inside the tent there will be portion for bride and groom maids, for groom ââ¬Ës parents, brideââ¬â¢s parents and others. DISTRIBUTIONS I will be delivering the my products/services to my customer where they want it to be e. g if I have catering orders for workshops, rallies, exhibitions, weddings, parties, funerals and meetings. And also tents equipments will be delivered to my customer for events. SUPPLY CHANNELS All tents, catering equipments and landscaping companies will be found in Gaborone and Lobatse. Materials for draping and decoration will be bought in Hukuntsi.. And also grocery for catering will be bought in Hukuntsi. In Hukuntsi there a only two wholesalers and one textile and clothing shop: (Sefalana and Trans and hildaââ¬â¢ clothing and curting for material of decoration and draping). There are two shops of tents in Gaborone: (Funhire and T and T ) and one in Lobatse: (Lobatse canvas). There also two landscaping companies that I found in Gaborone:(Soft rolls and BCD) All my suppliers are reliable. PRICING Tent hiring: * 9 x 37m tent that will be catering for 400 up to 500 people and I it will be BWP 19à 500. 0 per event * 7 x 15m tent catering for 100 up to 150 people it will be BWP 5à 800. 00 * 9 x 9m gazebo catering for small events like parties it will be BWP 1à 500. 00 Catering * Breakfast ââ¬â P 20. 00 * Tea break ââ¬â P 20. 00 * Lunch ââ¬â P 25. 00 * Supper ââ¬â P25. 00 * Bookings for events{placed orders}: * Breakfast ââ¬â P 25. 00 * Tea break ââ¬â P25. 00 * Lunch ââ¬â P35. 00 * Supper ââ¬â P35. 00 Garden plot for Photos and video shooting only: Full day: BWP 3à 500. 00 Half day: BWP 2à 500. 00 PROMOTION I vigorously market my project by advertising through local channel media i. magazine, newspaper, facebook and also fliers, posters, sign boards, business cards e. tc. When I have a wedding I usually offer them free usher tags, and wedding programmes and I put my contact on the back of the usher tags. I also ask my customer to put me in the programme to advertise my products / services during the event. I maintain a database of customer and their requirements. Excellent services and attention to detail will attract repeat orders. FINANCIAL STRUCTURE FIXED ASSETS DESCRIPTIONS| QUANTITY | COST PER UNIT| TOTAL| Vehicle| 1| | | 7 x 15m tent| 1| | | 9 x 37m tent| 1| | | 9 x 9 m gazebos| 3| | | x 15m green carpet| 1| | | 9 x 37m green carpet| 1| | | 9 x 9m green carpet| 3| | | Red carpet 1. 2m x 40| 1| | | Chairs| 400| | | Round tables| 40| | | Rectangle tables| 20| | | Chair covers| 400| | | Round table covers| 40| | | Rectangle table covers| 20| | | Plates| 400| | | Glasses| 400| | | Knifes| 400| | | Forks| 400| | | Chafing dishes| 20| | | Vases| 40| | | Jugs| 40| | | Serving bowl| 10| | | Industrial stove| 1| | | Deep freezer| 1| | | Fridge| 1| | | Electric heating bucket| 2| | | Steel trays| 10| | | Cooking pots| 10| | | Food containers| 10| | | Fence 100m x 100m plot| | | | landscaping| | | | | | | | | | | | | | | | | | | | | | | | | | | OVERHEADS DESCRIPTIONS| QUANTITY | COST PER UNIT| TOTAL| Petrol: Gaborone to Lokgwabe| 562 km | P | | Rent| Year| P 750. 00| P9à 000. 00| Salaries / wages| 6 months| P 22à 600. 00| P 135à 600. 00| landscaping| | | | Electricity| | | | Water| | | | Total | | | | APPLICANTS CONTRIBUTIONS TO THE PROJECT DESCRIPTIONS| QUANTITY | COST PER UNIT| TOTAL| Youth Loan repayment| 5 years| P | P| Water connection| | | | Electricity equipments| -| P 2 696. 33| P 2à 696. 33| Grocery for catering| -| P 5à 000. 00| P 5à 000. 00| TOTAL| P 11à 700. 00| INTERNAL ANALYSIS STRENG Employ staff who have required skills sets and train them to provide excellent customer services * Capability and capacity to provide in time * Networking base * Knowledge of local market * Self driven, motivated young woman able to adapt very quickly to new situations, conforming to and often surpassing expected standards WEAKNESS * Little bit of market skill * Lack of capital for the production purchases, as it will limit effectively complete the job * * I have staff who have required skills sets and I have trained them to provide excellent customer services EXTERNAL ANALYSIS OPPORTUNITIES * Make a difference and diversify economy Increase in the development budget will mean more project to implement * Creation of employment for the community area * The business must leverage its inherit strengths to capitalize on all potential sales opportunities * Em ploy staff who have required skills sets and train them to provide excellent customer services * Build up a strong reputation of reliability exemplary services and high quality services. * Capability and capacity to provide in time THREATS * New competitors emerging in the vicinity * Customers having financial problems * * * IMPLEMENTATION PLAN DATE| ACTIVITY| RESPONSIBLE PERSON| st and 2nd weekMarch 2012| * Buying all equipment of the project| * Managing director| 3rd and 4th weekMarch2012| * Building fence for garden plot * Prepare sketch plan for kitchen and storeroom * Arrange building material for kitchen and storeroom * Landscaping inspections| * Managing Director * Managing director * Managing director and building construction| 1st and 2nd week April 2012| * Landscaping, paving, planting trees and lawns * Start building storeroom and kitchen| * * Building construction| 3rd and 4th weekApril 2012| * Cleaning up the garden, storeroom and kitchen for inspections * Inspections| * Grounds men and cleaners * | 1st week May 2012| * Arranging equipment in the kitchen and storeroom * Decision making, Pricing,Prepares materials for bookkeeping records,Prepared recipe and schedules for catering | * Stock supply and cookers * Managing director, secretary and accountant| 2nd weekMay 2012| * Business start operating| * All employees| How to cite Small Scale Business Management, Essay examples
Sunday, April 26, 2020
Tumours Essays - Oncology, Benign Tumor, Medical Terminology
Tumours A tumour is a mass of new tissue growth that does not react to normal controls or the organizing influence of other tissues, and it has no useful function in the body. This applies to both types of tumours, malignant and benign. Malignant, also known as, cancerous tumours, are additionally defined by their invasion of local tissue and their ability to spread to other parts of the body. Benign Tumours A benign tumour which is not cancerous, is less serious than malignant tumours because they do not spread to other parts of the body, but they may cause damage by local growth and pressure on other structures, producing serious complications such as bleeding. Benign tumours generally grow slowly and kill the host only if it occupies or attaches to an organ so as to interfere with a critical function. The cells of benign tumours closely resemble the cells of the tissue of origin. Surface benign tumours include warts and moles. Malignant Tumours A malignant tumour always kills (unless treated) because of its invasive and metastatic characteristics. The tumour grows locally by spreading into surrounding tissues. Solid tumours, which develop in the breast, colon, lung, and other organs, contain an inner core with high pressure zones that compress and collapse blood vessels, often preventing the penetration of blood-borne cancer treatments. It spreads to distant sites by the breaking off of malignant cells, which move through the blood and lymphatic systems, attach themselves, and begin to grow as new colonies. Malignant tumours are diagnosed by examination of their vascularity, shapes, forms of cells division, and differentiation. More than a hundred different types have been identified in humans. In general, those derived from epithelial tissue are carcinomas, and those from connective tissue are sarcomas. The most common form of malignant tumour of the respiratory tract is lung cancer, which began increasing in frequency at an alarming rate about 1940. In 1980 it was the leading cause of cancer deaths in men and is also rapidly increasing in woman. It is attributed to cigarette smoking and environmental pollution: cancer of the lung is rare in nonsmokers, and exposure to materials such as asbestos, chromium, and radioactive substances increases the probability of developing lung cancer. Malignant tumours, also known as lymphomas, one of the main types of lung cancer, arise in the lymph nodes related to the lungs and other body tissue. the other main type of lung cancer is Sarcomas, it may originate in the lungs or in some other structure such as a bone. Sarcomas have a poor prognosis, but recent advances in the treatment of lymphomas have increased the long term survival. The factors controlling tumour growth are poorly understood, although genetics seems to play a role Tumours in laboratory animals may be transplanted to a second host using only a single tumour cell. This suggests that only one normal cell needs to become cancerous for tumour growth to begin. Tumours have been experimentally induced in animals by chemical, physical, and viral agents, and by radiation. Cancer researchers no longer believe that a single drug will be able to cure cancer. Experts now believe that a combination of drugs will be the best method to kill tumours. One route being researched utilizes antibodies that bind to specific receptors on the tumour cell, thereby inhibiting tumour growth by blocking certain tumour-growth factors from entering the cell. Tumour necrosis factor (TFN), an immune-system protein, has been found effective in cutting off the blood supply to tumours, although too much TFN causes severe side effects. The work of physician Francis Peyton Rous, gave rise to the virus theory of the causes of cancer. In 1960, Rous found that he could transmit a cancerous tumour (sarcoma) from one hen to another by using an injection of tumour filtrate. The sarcoma virus was the first tumour virus identified, and it opened up a whole new area of cancer research. Rous shared the 1966 Nobel Prize for physiology or medicine for his work.
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