Sunday, December 29, 2019
Capital Punishment In The United States Essay examples
Capital Punishment in the United States Executive Summary Capital punishment has been around for many years as a way of executing criminals. Despite what most believe, capital punishment is not functional in the American society. Defenders of the death penalty often claim that the execution of criminals will teach others not to do bad, initially decreasing crime rates. Unfortunately, statistics prove that thought to be wrong. Capital punishment also has great flaws. For example, many innocent people have been put to death because of capital punishment. There also is no consistency. Two of the same crimes can be convicted in two different states and the consequences with be different for both offenders. The death penalty shows to beâ⬠¦show more contentâ⬠¦Despite all the pros and cons of capital punishment, society must think about what is truly correct and most practical for our world. Capital punishment is not functional in todayââ¬â¢s legal system. There are countless amounts of evidence that proves these legal killings to be in effective. We, as Americans, must correct this irrational practice before it does anymore permanent damage. Effectiveness Defenders of the death penalty often claim that the execution of criminals will teach others not to do bad, initially decreasing crime rates. This hasty form of generalization statistically proves to be wrong. ââ¬Å"When it comes to criminals, Texas has the toughest punishments along with a strict court system. The state of Texas spent four hundred and seventy million dollars in 2001 just for punishing convicts. Despite all that money and stern punishment, the crime rate is still twenty four percent higher than the national average, according to 2003 dataâ⬠(Gonzales). This supports the fact that tough punishment doesnââ¬â¢t necessarily help crime. Ironically, the harshest state in the U.S continues to house the maximum number of criminal acts. The death penalty, a harsh form of punishment, clearly doesnââ¬â¢t lower crime rate. Wrongful Convictions It is respectable for people to fear that capital punishment can often lead to wrongful convictions. Once the death penalty is applied, it isShow MoreRelatedCapital Punishment : The United States928 Words à |à 4 PagesAs we near the culmination of the twentieth century, capital punishment is in decline. Once a near universal practice, the death penalty has been abolished in 101 countries, as of July 2015(Amnesty International, 2015) and executions have become less common amongst industrialised democracies. Some nations keep capital statutes for instances of exceptional crimes such as treason, but parts of the former Soviet Union, Japan and the United States of America (USA) still administer death sentences forRead MoreCapital Punishment Of The United States961 Words à |à 4 Pages Capital Punishment in the United States For centuries, capital punishment has been used as a consequence of capital crime. Criminals who have committed such crimes are subject to facing the death penalty. Pickens shares, ââ¬Å"Capital crimes are considered to be treason or terrorist attacks against the government, crimes against property when life is threatened, and crimes against a person that may include murder, assault, and robberyRead MoreCapital Punishment Of The United States1495 Words à |à 6 PagesCapital punishment in United States also titled as decease penalty, which is a permitted verdict in thirty one states and the American civilian and services lawful systems. Its application is restricted by the amendment of the eight to intensified killings committed by psychologically competent people. Capital punishment existed a consequence for numerous misdemeanors under English mutual regulation, and it was imposed in entire of the early US colonies preceding to the Declaration of IndependenceRead MoreCapital Pu nishment Of The United States2029 Words à |à 9 Pages Capital punishment is one of the most debated topics in the history of the World. It has been implemented and repealed several times by several different countries (DPIC 2014). Capital punishment is the use of the death penalty on someone who has been found guilty of a crime. As of 2013 there are still 58 countries in the international community that still use the death penalty. Of those countries, China had the highest reported number of executions which was in the thousands, the next highest wasRead MoreEssay on Capital Punishment in the United States 598 Words à |à 3 PagesAre serial criminals effectively being punished? Indeed much improvement must be done. The death penalty needs to be legal in every state. Capital punishment is the lawful infliction of death as a punishment and has been used in America since 1608. The death penalty has been mainly aimed at murder and rape perpetrators. For the past two hundred years w ith over 15,600 executions since 1608, most executions were completed though hangings; however, beginning in the 1900s new forms of execution developedRead More Capital Punishment in the United States Essay2514 Words à |à 11 PagesThe death penalty is a controversial topic in the United States today and has been for a number of years. The death penalty is currently legal in 38 states and two federal jurisdictions (Winters 97). The death penalty statutes were overturned and then reinstated in the United States during the 1970s due to questions concerning its fairness (Flanders 50). The death penalty began to be reinstated slowly, but the rate of executions has increased during the 1990s (Winters103-107). There are a numberRead More The Issue of Capital Punishment in the United States Essay3455 Words à |à 14 PagesDeath Valley: The Issue of Capital Punishment in the United States Should capital punishment be practiced in the United States? This question has been highly debated for many years because of the numerous, often conflicting perspectives from which various parties have attempted to answer it. These parties range from high-ranking politicians seeking to lower the national crime rate to the average United States taxpayer who does not want to see his or her money being spent inefficiently. In additionRead MoreEssay about Capital Punishment in the United States1844 Words à |à 8 Pages Capitol punishment Capital Punishment The Argument Against the Death Penalty The feeling of the condemned man was indescribable, as he was minutes away from being executed by an unjust decision. The verdict of his case was guilty on the grounds of circumstantial evidence. When in all reality, he was guilty because he was black, poor and socially unacceptable. His case never stood a chance, it was over before it started. The judge and jury sentence the man to die in the electric chair. The condemnedRead More Capital Punishment in the United States Essay example2024 Words à |à 9 PagesCapital punishment has been a controversial topic in association to ethics all of its existence. Issues pertaining to the execution methods, reasonability in the relationship of punishment to the crime, who receives the death penalty, and innocence have been discussed and researched in great lengths. Capital punishment is still an active form of ââ¬Å"deterrenceâ⬠in the United States for crimes considered the wo rst of the worst. In this paper I will discuss the history of the death penalty. I willRead MoreCapital Punishment Should Be Enforced Throughout The United States2182 Words à |à 9 Pagesunchanging. The same can be said for death. It is for this reason that the death penalty is so effective. The death penalty, also known as ââ¬Å"capital punishment,â⬠is defined as ââ¬Å"the execution, or punishment by killing, of a person who has been found guilty of a specific, and usually serious, crimeâ⬠(Barber). Capital punishment should be enforced throughout the United States because it is a humane tradition that has been practiced for centuries, it deters crime, and it provides retribution and gives justice
Saturday, December 21, 2019
Analysis Of Starry Night - 882 Words
Rachael Brooks Mrs. Cole English 4B 23 October 2015 Analyzing Mood and Theme in Starry Night For many, the painting Starry Night, by Vincent Van Gogh, is simply paint on a canvas. Created in the summer of 1889, while Van Gogh was in a mental asylum, others perceive the painting as a message of Van Goghââ¬â¢s desire for acceptance and normalcy. Heavily influenced by the Expressionist movement, Starry Night is a physical representation of Van Goghââ¬â¢s feelings of melencholy during his stay in the asylum. His troubled mind allowed Van Gogh to create a painting with a yearning mood. Throughout the years, people have tried to understand Van Goghââ¬â¢s reason for painting Starry Night. One way that people have used to try to understand him is through ekphrastic poetry, which is poetry about a work of art, such as Anne Sextonââ¬â¢s ââ¬ËThe Starry Nightâ⬠poem and Don McCleanââ¬â¢s ââ¬Å"Vincent (Starry, Starry Night).â⬠While ââ¬Å"The Starry Nightâ⬠by Anne Sexton depicts Starry Nig ht as having an ominous mood, the empathetic mood in ââ¬Å"Vincent (Starry, Starry Night),â⬠by Don McClean, with its use of sympathetic diction, detail, and figurative language best mirrors that of the original painting. Van Goghââ¬â¢s Starry Night expresses the troubles and yearnings going on in the artistââ¬â¢s mind as he painted. The focal point in the foreground of the painting is a dark object, blocking the viewerââ¬â¢s sight line to the town. This dark object may represent Van Goghââ¬â¢s insanity blocking his chance at a normal life.Show MoreRelatedstarry night analysis954 Words à |à 4 Pagesï » ¿Vincent Van Goghââ¬â¢s artwork ââ¬Ëstarry nightââ¬â¢ is a classic example of the post impressionism movement. Post-impressionist were artist who rebelled against the limitations of impressionism. They developed person styles that focus on emotional, structural, symbolic and spiritual elements they felt were missing from impressionism. ââ¬ËStarry Ni ghtââ¬â¢ was created in 1889, earlier that year Van Gogh decided to enter the asylum at Saint-Rà ©my. ââ¬ËStarry nightââ¬â¢ was inspired by the view from his window in the asylumRead MoreArt Analysis : The Starry Night Essay920 Words à |à 4 PagesArt Analysis In this piece of art Van Gogh shows that even tho in a dark night you can still look out your window at night and see light. Another example of that would be in your dark or hard times in life, there is always a brighter side to everything. (Artble. Starry Night Analysis. 2016. Web. 3 May 2016.) Describe the initial emotions you feel when viewing the art. Then list any adjectives that descrWhat category does the art fall under? How can you tell? It is a painting using the swirlingRead MoreAnalysis Of Starry Night Essay1302 Words à |à 6 Pagesreality of elite lifestyle though her women characters and it would be interesting to understand her central woman characters of her novel Starry Night ââ¬â Aasha Rani in light of Maslow s law of motivation and her journey to self-actualization. Key words: self-actualization, motivation, and motives, Maslow law of theory. Shobha De ââ¬Ës novel Starry Nights has raised a squall of controversies in the field of literature due to reflection of materialistic social behavior of her characters but inRead MoreAnalysis Of Starry Sky Starry Night 2716 Words à |à 11 PagesStarry! Starry! Starry! Seated around a giant table, the bandits chanted his name as placed his mandolin in its case. Standing at the center of the table, he waved to every member of the audience and basked in their admiration of him until a slamming on the table commanded everyone s attention. Sighing, Starry turned to the source: Gerard. Huge frame shaking from laughter, he grabbed a nearby cup and downed it, spilling ale into his dark beard. Tossing it aside, he beamed at Starry. Few moreRead MoreAnalysis Of The Poem Starry Night 853 Words à |à 4 Pagesor feelings in his work. Van Goghââ¬â¢s piece Starry Night, designed in the year 1889, shows this to be true in that it was the result of his experiences in an asylum that encouraged this piece. Despite this work has being so well known, many critics and observers of the piece have differing views on what he was trying to communicate through it. Two prime examples of this can be seen by the views expressed in the poems entitled, ââ¬Å"Vincentâ⬠and ââ¬Å"The Starry Nightâ⬠, written by Don McClean and Anne SextonRead MoreAnalysis Of The Poem The Starry Night Essay2195 Words à |à 9 PagesHow I Learned to Read Literature Mary Carnahan LI 310 ââ¬â Contemporary Literature September 18, 2016 Introduction Iââ¬â¢m going to analyze one poem that I read during this course. The poem Iââ¬â¢ve chosen is: The Starry Night. When evaluating the poem, be sure to analyze it in terms of voice, word choice and order, imagery, the figures of speech used, sound, and form. In addition analyze any symbols, allegory, allusion, myth, and themes that arise in the poem. Iââ¬â¢m going to analyze one shortRead MoreCritical Analysis: Starry Night over the Rhone Essay813 Words à |à 4 PagesNorris Freeman Art Appreciation Professor Gadson 20 February 2013 Critical Analysis: Starry Night Over the Rhone Vincent Van Gogh was a Dutch artist from the mid 1800ââ¬â¢s who was considered to have created approximately 2000 artworks. Growing up, he was classified to be highly emotional and having low self-esteem. Within those depressed emotions, it helped him pioneer the path of expressionism in his art pieces. But as he got more into him artwork he came more mature with his artwork and causedRead MoreAnalysis Of The Poem Starry Night By Anna Sexton952 Words à |à 4 PagesWhat need is there to weep over parts of life? The whole of it calles for tears. - Seneca The poem, ââ¬ËStarry Nightââ¬â¢, by Anna Sexton, which was interpretation of a personal view for Van Goghââ¬â¢s artwork, ââ¬Å"Starry Nightâ⬠. The prophetical nature of Anne Sexton s spiritual poetry, Starry Night, ensues the melancholy of humanity. The poem depicts Sexton s interpretation of the immense psychological suffering of a religious human being. By addressing, Van Gogh s work caught with a deep understandingRead MoreAnalysis Of Van Gogh s Starry Night 1202 Words à |à 5 Pagesmental asylum. Interestingly enough, he painted this piece from his memory and it was supposed to have been based on a constellation arrangement he had seen earlier on in the night sky of Provence. Starry Night is perhaps one of his most famous and yet most elusive works. The first thing that I noticed was the overwhelming night sky, which takes up most of the background. Its swirling, flowing lines appear to be swishing across the background in this gentle, wavy motion and seem to be merging at theRead MoreVisual And Contextual Analysis Of Vincent Van Gogh s The Starry Night961 Words à |à 4 PagesA Formal Visual and Contextual Analysis of Vincent Van Goghââ¬â¢s The Starry Night When I first saw Vincent van Goghââ¬â¢s painting of The Starry Night, I was immediately drawn to the peaceful luminescent stars emanating outward like vibrant yellow halos into the captivating striking blue sky. I felt a sense of calm and tranquility as the bright orange moon shone intently over the serene village below. The sprawling mountain range, grassy hills and fields of wheat intensified this feeling as a soft wind
Thursday, December 12, 2019
Principle of Management Implementing Competitive Strategies
Question: Discuss about the Principle of Management for Implementing Competitive Strategies. Answer: Introduction According to the present market scenario it can be observed that implementing competitive strategies within the organisation is quite essential for every company to extend and enhance their growth in their competitive market. By implementing better strategies within the organisation can lead better effectiveness of works and enhance their reputation in the domestic as well as in the global market (Albaum, 1989). Starbucks is one of the renowned coffee house chains in US. To make an effective business strategy in their business process, the organisation might needs to analyse their competitive strategies for make an effective impact in the market scenario. To expand the business of Starbucks, the companys chairman and chief global strategist Mr. Howard Schultz obtain some franchise to expand their growth in the North America. By the help of franchising the stores in the various region of the world, the organisation controls over their branding, pricing and overall dedication (Bussing- Burks, 2009). Porters Competitive Strategies for Starbucks To make an effective strategic plan for the organisation, Starbucks maintain to obtain the Porters competitive strategies in their business process. By implementing the Porters competitive strategies in their business, the organisation and the management of Starbucks analyse their competitive area and they can easily look after their implementing strategies by the help of the porters competitive strategic tools (Cateora, 1983). To make an analysis of the Starbucks competitive environment from the previous years it has been observed that choosing the Porters 5 force analysis for making improved competitive strategy is quite effectual in their business process. The main variables of the Porters five force analysis are Industry rivalry Potential for new entrance Substitute products Supplier bargaining power Bargaining power of buyers Industry Rivalry Due to the vast competitive market in the present days, the organisation like Starbucks need to aware about their industry rivals before enhancing their coffee chain shop in the international market. To make some implementation in their business, the management of the organisation also needs to understand the competitive factors in their industry for make a profitable income from the market. According to the Clifton, et al, (2003) it has been observed that some of the coffee companies also growing swiftly due to their sales of coffee within the grocery chain stores. Potential for new entrants Within porters five force analysis this is one of the prime factors for the coffee chain house. The potential for new market entrants which was Starbucks keep warm. To expand the business in the global field, the global strategist of the organisation and chairman implement some strategies in their business process to expand their trade in the international market. The organisation opened their initial store in the year 1971 and after some drastic change in their business within the year 1996 the organisation fulfil to achieve more stores across the world and it gives revenue of average 700000 dollar. The main new entry was made when the organisation entered in the UK market in the year 1998. Substitute Products This is another factor of porters five force strategic models, which is the organisation needs to aware more on their business process. The main substitute product for a coffee chain houses some soft drinks company (Czinkota Ronkainen, 1998). The Starbucks has area of threat from the several soft drink manufacturing companies like Pepsi, Coca Cola. Due to the fewer prices and less caffeine content, the customers are attracted by those products. On the other hand, it can be said that the main substitute of the product for a coffee chain is availability of the basic coffee market. For the effective marketing strategies implementation and for the effective market growth, the organisation like Starbucks follows demographic and cultural test before introducing new products in the different market region towards the consumers. Bargaining power of Buyer To expand the business in the global market, the organisation follows the bargaining power of buyer. To make an effective market reputation and determining the standpoint from an investors perspective, the organisation needs to look forward on the pricing of the product (Terpstra, 1988). By providing effective and superior quality of coffee with cost effective way, the organisation like Starbucks attracts more customer chain in their business process. It has been observed that the buyer has less knowledge about the market condition, market demand and the pricing strategies of the product, so the companys like Starbucks applied effective strategies to reduce the bargaining power of the customers to make more profit margin in their business (Uhlmann, 2005). Bargaining Power of buyers From the several market surveys it has been observed that the due to the supplier of Arabica coffee beans from the local market region of Latin America the local supplier has less unionization so the supplier has less bargaining power in their account. Role of Schultz to implement strategies at Starbucks To implement the effective strategies for Starbucks, the companys chairman and global strategist Schultz need to obtain joint venture, partners in their business process for the effective growth. Choosing the right partners in their business, maintains to gain culture and effective customer support, leads their business in a new position in the competitive market (Hossain Islam, 2015). To develop their business in the international market, the chairman needs to obtain joint ventures, licences, and company known operation for branding their market and developing its international operation. By the help of effective leadership skills and well maintained organisational structure, the managers of the organisation can track their regular sales revenue. By implementing effective motivational plan in their business, Schultz motivates their employees for their growth and expansion in the business market. To maintain the quality of the coffee, Starbucks roasts all their coffee in their own h ouse. Strategies for expanding Starbucks globally To expand the business globally, the Starbucks formed a joint venture with Pepsi-Cola to produce bottled Frappuccino and with Dreyers Grand Ice cream Inc to make number one coffee ice cream in the US market. By implementing this effective service and product development strategies in their business process, the organisation can attract more customers in their domestic and international market (Pasco Le Ster-Beaumevieille, 2007). To expand their market in the global field, the management especially targeting the Australia, China, New Zealand and Indian market. The present market condition shows that the coffee lovers shifted their taste from basic coffee to organic coffee so the organisation and the management needs to implement some strategies to make more organic coffee producing in their business process. The main focus of the management about their coffee making is to satisfy their customer in cost effective way ("Starbucks Pays More to Benefit Coffee Workers", 1998). Conclusion From the above study it can be depicts that the management of Starbucks mainly relies on different implementing strategies for their effective growth in the global field. By analysing the competitive factors in their business process, the organisation can easily analyse the current market scenario and market demand and they needs to adopt their strategies in concerning about that. With some joint venture, partnership, licensing strategies the organisation can easily capitalize new market penetration and by the help of effective customer support and pricing of their product the management can easily grown their successful rate in the international market. References Albaum, G. (1989). International marketing and export management. Wokingham, England: Addison-Wesley. Bussing-Burks, M. (2009). Starbucks. Santa Barbara, Calif.: Greenwood Press. Cateora, P. (1983). International marketing. Homewood, Ill.: R.D. Irwin. Clifton, R., Simmons, J., Ahmad, S. (2003). Brands and branding. London: Profile Books. Czinkota, M. Ronkainen, I. (1998). International marketing. Fort Worth: Dryden Press. Hossain, M. Islam, K. (2015). Generating Ideas on Online Platforms: A Case Study of My Starbucks Idea. Arab Economic And Business Journal, 10(2), 102-111. https://dx.doi.org/10.1016/j.aebj.2015.09.001 Pasco, C. Le Ster-Beaumevieille, H. (2007). Marketing international. Paris: Dunod. Starbucks Pays More to Benefit Coffee Workers. (1998). Business Ethics: The Magazine Of Corporate Responsibility, 12(2), 9-9. https://dx.doi.org/10.5840/bemag199812222 Terpstra, V. (1988). International dimensions of marketing. Boston, Mass.: PWS-Kent Pub. Co. Uhlmann, A. (2005). Branding. London: Kogan Page.
Thursday, December 5, 2019
Apush Reconsturctoin Dbq free essay sample
The Civil War was not officially fought over the issue Of slavery, but one Of the most important outcomes of the war was the emancipation of all slaves in the United States. The reasons for southern states secession ranged from unfair duties imposed on the states to the recurring issue of slavery (Document A). This secession unofficially started the war and created great tension between the North and the South. President Lincoln main purpose of commencing war was to unite the divided nation, and with tactics such as is Emancipation Proclamation and gaining the Border States support he was able to achieve his goal of reunification. Other results yielded by the war were the 13th, 14th, and 15th Amendments to the Constitution. These provisions formally ended slavery and guaranteed the black freedmen future citizenship and suffrage. The blacks argued that if they fought in the war to preserve the Union that they were entitled to voting and having the same rights as other American citizens (Document C). We will write a custom essay sample on Apush Reconsturctoin Dbq or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The Civil Rights Act of 1866 declared that every person born in the United States, without regard to race, lour, or previous conditions of slavery or involuntary service, is entitled to citizenship.This legislation was truly revolutionary as it gave citizenship to every American-born person, and would foreshadow the future suffrage to all American citizens no matter their race or ethnicity (Document F). The 15th Amendment was also quite radical as it promised future suffrage to African- Americans, something that was probably inconceivable at the beginning of the Civil War. This would eliminate literacy tests, grandfather clauses, and OLL taxes put in place by whites to deter blacks from voting. Radical Republicans scattered in Congress also pushed for the end of slavery and a harsher welcoming of the Southern states back into the Union. The new freedoms of blacks opened up many new opportunities for the African American society to pursue such as higher education and new, better career choices that they had not been able to get while they were restricted within the oppressive chains Of slavery. With these new developments painting a bright future for the blacks of the United States, many whites had begun to develop strong discontent and oppressive feelings towards the African Americans.White Southerners had lost their labor force with the abolition of slavery, so they proposed the Black Codes which would have bonded the free blacks with their old slave masters. Almost all blacks saw this as the same thing as slavery though, and strongly protested against it. Racist groups against the blacks also began to emerge across America, headed by the vicious, violent, supremacist UK K lux Klan. These groups where made up of whites strongly against the freedom of lacks, and scared the freedmen with their constant killings and beatings of African Americans (Document l). The Jim Crow Laws were implemented in the South, which were a set of laws that honored the equality of whites and blacks enforced by the 14th Amendment by saying blacks were separate but equal. These laws prohibited free African American citizens from using the same restrooms, restaurants, schools, and other facilities as whites. The anti- black groups and laws that emerged across America contributed to the fast growing sectional, class, and political divide forming in the United States.The African Americans had been freed of the horrors of slavery, but now were faced with the cruel challenges of being accepted into society. The Civil War and Reconstruction period was home to many constitutional and social developments, and spirit of revolution was felt by all Americans. Newly freed blacks were the most beneficial group of these developments, as they were emancipated and promised suffrage and citizenship. Anti-black groups saw and sensed the African American culture becoming more pro minent in society and took matters into their own hands with acts of lenience and oppression.
Thursday, November 28, 2019
Marketing Myopia Summary Essay Example
Marketing Myopia Summary Paper Marketing Myopia Summary Main Points: 1. An industry is a customer-satisfying process, not a goods-producing process. Businesses will be better positioned for growth if they concentrate on meeting customersââ¬â¢ needs rather than on the mass production and selling techniques of their products. 2. Companies stop growing because of a failure in management, not because the market is saturated (Levitt, 2008:1). Myopia is a term used and means to be shortsighted. In business, this would mean not having the foresight or long term plan to fully understand what business you are in as well as how to stay in it. One example that Levitt used, was the railroad industry. The railroads industry declined because they were railroad oriented instead of transportation oriented, they were product oriented instead of customer oriented. They declined not because of cars, trucks, airplanes, and even telephones, but because of their own myopia. To be a growth industry you must focus on satisfying a customer need. Focusing solely on product, profits and mass production will not help a company survive. Management must think of itself not as producing products but as providing customer-creating value satisfactions. A successful industry will include a strong focus on satisfying and meeting the needs of the customer followed by good production, research and development as well as a good selling strategy. In addition it is about how you define the business you are in. It needs to know the needs of the customer and what further innovations the company can bring to keep the consumer interest, as well as adapting to the changing business market. We will write a custom essay sample on Marketing Myopia Summary specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Marketing Myopia Summary specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Marketing Myopia Summary specifically for you FOR ONLY $16.38 $13.9/page Hire Writer
Sunday, November 24, 2019
Comparing Entrepreneurs from Different Industries essay
Comparing Entrepreneurs from Different Industries essay Comparing Entrepreneurs from Different Industries essay Comparing Entrepreneurs from Different Industries essayBasing on module literature, in particular, Stokes et al. (2010), Bornstein(2004), and Zimmerer and Scarborough (2005), entrepreneurship can be defined from different perspectives, such as: 1) activities aimed at maximizing profits; 2) proactive activities of citizens on producing goods and services aimed at making a profit; 3) direct function of the realization of property, its main production function; 4) organizational innovation process aimed at making a profit; 5) actions aimed at increasing the capital, developing the production and appropriation of profit; and 6) a specific type of activity aimed at a relentless search for changes in the existing forms of life of enterprises and society, continued implementation of these changes. As Wickham (2006) reasonably notes, most practitioners and researchers focus on making a profit, considering it as the ultimate goal of business. However, the ultimate goal of business is not so much profit as the continuity of the production process associated with the reproduction of demand and satisfaction of the ever-changing, ever-increasing needs of the individual or social group, and society as a whole.In this context, entrepreneurship can be more properly defined as a process of continuous search for changes in needs, the end-user demand for products and services, meeting this need by organizing production, sales, marketing, logistics, and management focused on the best innovations that bring maximum performance in each of the stages of the reproduction process. We thus consider entrepreneurship to be not just a business, but a style of management based on the principles of innovation, anti-bureaucracy, constant initiative, focus on innovations in production processes, marketing, distribution and consumption of goods and services. To fit this understanding of entrepreneurship, our final project focuses on two outstanding innovators Elon Musk and Jeff Bezos, the lead ers of vehicle production and e-commence industries respectively.Justifying the ChoiceOn a whole, we see entrepreneur as a true creator, who comes up with new products, opens new niches, and knows how to make money where others would pass by. In this regard, Elon Musk, the creator of PayPal, SpaceX, and Tesla Motors, is worth recognition due to the unusual combination of energy, innovation and unswerving desire to produce a quality product in all the areas of business he is engaged into. Investing funds into incredible, inspiring projects, Musk is totally changing our world with challenging ideas, like the mass production of electric vehicles, the project of commercial suborbital flights, the global system of satellite Internet, the introduction of solar stations, or transport capsule system Hyperloop. For instance, Muskââ¬â¢s Tesla Motors has become a real discovery, and its shares have risen by more than 300% during 2013 (Storm, 2014). To a certain extent, we can say that inves tors were willing to endow not only to the company, but also to the personality of its CEO, who has recently received the title of the CEO of the year by MarketWatch.In his turn, Jeff Bezos who started his business in a garage, stands out as a leader for transforming a trading company Amazon.com into a truly high-tech multi-sector hypermarket and bring it up to the value of $100 billion. Today Amazon.com is the best known, most popular, and most visited online store in the world, while its creator is acknowledged as a top executive in accordance with according to Forbes ranking. Indeed, Bezos has an exceptional entrepreneurial talent: having faced the Internet for the first time, he saw the opportunities that almost no one saw, i.e. its future in commerce. Obviously, there were others who had a premonition of something similar (e.g, Pierre Omidyar of eBay), but Bezosââ¬â¢ vision was so clear and Amazon.com website so attractive that it has become a symbol of e-commerce almost sin ce the first day.Therefore, we believe that the experience and talent of these two entrepreneurs could have a valuable effect of our perception of various business processes.Elon Musk ProfileElon Reeve Musk is a Canadian-American engineer, entrepreneur, inventor and investor of the South African origin; billionaire founder, owner and CEO of SpaceX, Tesla Motors, PayPal, and several other successful companies, as well as the chief designer of Chief Product Architect, and the head of the board of directors at SolarCity, who has achieved considerable success in the field of information technology, rocket and car production.Musk got his first profit at 12, when he sold Blast Star, a video game he developed in the style of Space Invaders, and invested the gained $500 in the shares of a pharmaceutical company (Pauline, 2012). One of Muskââ¬â¢s first projects was the Zip2 service which specializes in software for news companies. In 1999 Compaq bought Zip2 for $307 million, of which Musk received 7% and invested in the creation of his second startup, X.com. After the merger with Confinity, X.com turned into a well-known online payment service PayPal. In 2002, PayPal was sold to online auction site eBay for $1.5 billion, of which Elon Musk personally received $165 million. At the moment, about 140 million people use the services of PayPal (Pauline, 2012; Storm, 2014).Before the moment the sale of PayPal company was completed, Musk pondered over how much would it cost to organize an expedition to Mars, and decided that he could reduce the cost of rocket launch by 10 times. Musk invested $100 million into his new company SpaceX, but a few trial launches of the rocket Falcon 1, including the one with an army satellite on board, ended in a catastrophe (Storm, 2014). Nevertheless, Elon Musk and his team did not give up, and eventually they managed to build several quite functional and prospective spacecraft, such as Falcon 9 launch vehicle, Falcon 9 Heavy and a space shu ttle Dragon SpaceX. NASA estimated that creation of Falcon 9 was supposed to cost $3.9 billion, but SpaceX fit in $300 million (Pauline, 2012). Muskââ¬â¢s company also offers the lowest rates in the world for the delivery of cargo into orbit. Today SpaceX has contracts for $4 billion with only a third coming from NASA and the rest accounted to private companies (Elon Musk Official Website, 2014). By May 2014, Falcon 9 carried out 9 launches.Along the way, in 2003, Musk became a co-founder of the company producing electric vehicles Tesla Motors. In 2008, Tesla Roadster was the first all-electric car in serial production costing $110 thousand, and in 2012 Tesla started selling sedan Model S targeted at a wider audience at the price of $50 thousand. As a result, Tesla Model S has become the main achievement of the company, has received numerous Car of the Year awards and has completely changed the situation on the market of sedans. In June 2010, Tesla Motors conducts IPO, the first IPO of an automotive company in the US since 1956, when Ford entered the stock market. Tesla Motors turnover increased from $413.3 million in 2012 to $2.013 billion in 2013 (Storm, 2014). In the last quarter, the sales of electric vehicles exceeded 5.5 thousand pieces, which is a serious market share of luxury-class cars (Elon Musk Official Website, 2014).Despite the fact that Tesla Motors and SpaceX were close to bankruptcy in 2007-2008, each of these companies is now changing the face of the industry, while Elon Musk is one of the worldââ¬â¢s most successful businessmen. Last year, Fortune Magazine named him the businessman of the year, and The Wall Street Journal called Musk the CEO of the year.Jeff Bezos ProfileJeffrey Preston ââ¬ËJeffââ¬â¢ Bezos is an American businessman, head and founder of Amazon.com, the worldââ¬â¢s largest company selling goods and services via the Internet, as well as the owner of The Washington Post publishing house.After graduating from Prin ceton University in 1986, Bezos worked on Wall Street in the field of computer programming (Stone, 2014). Due to the network for financial transactions that Jeff developed for the Fitel Company, he was noticed by David Shaw, president of D. E. Shaw Co. His duties of the vice president now included coming to work only when inspiration occurred and thinking about new areas of business and insurance, software and, finally, a little-known Internet. That was when analyzing the possible undeveloped sales market, Bezos came to the conclusion that of all the goods sold by mailing books were the least popular, as there were no major catalogues (Stone, 2014).In 1994 Bezos left Shawââ¬â¢s company, invested his parentsââ¬â¢ $300 thousand, and became the founder and CEO of his own company Amazon.com, which would sell books through the Internet. The site was launched July 16, 1995, although at that time it was not completed, for example one could order a negative number of books on the web site, and employees had to pack the book standing on their knees on the concrete floor of a small basement. However, despite the fact that at first glance Amazon seemed to be pathetic amateur business, the site has grown rapidly since the first day. In October, sales for the first time reached a hundred of books a day. Less than a year later Amazon was selling a hundred books per hour (Amazon.com Official Website, 2014).Besides the fact that Bezos was the first to create an online store, he was the first to post links to his store on other sites, and for that he paid the site owners a percent from each purchase made after transition from their website (Rossman, 2014). Other innovations of Bezos include the possibility for readers to post their own reviews and evaluate them, as well as a customized selection of a ââ¬Å"showcase.â⬠Amazon.com was soon successfully competing with the largest bookselling company of the US Barnes Noble, who sold their books in the traditional way . In 1997, Amazon.com entered the IPO, and already in 1999 the shares of Amazon.com grew five times in price (Stone, 2014).Currently, Amazon.com offers to purchase not only books: the service covers 34 categories of goods, including movies, video games, consumer electronics, toys, food, household goods, furniture, sporting goods and more (Amazon.com Official Website, 2014). Over the past five years, Amazon shares rose by 397% and now the company with annual revenues of $48 billion is estimated at $100 billion; the businessman himself with the capital of around $25 billion belongs to the 20 richest people in the world (Stone, 2014; Rossman, 2014).Comparing Entrepreneurs from à Different Industries essay part 2
Thursday, November 21, 2019
Enterprise Zones Essay Example | Topics and Well Written Essays - 500 words
Enterprise Zones - Essay Example The confusion occurs in a considerable number of areas where states have given their enterprise zone programs: renaissance zones, keystone opportunity zones, development zones and program areas, for example. The statesââ¬â¢ enterprise zones present a compelling opportunity to explore the spread of ideas in the American federal system. The enterprise zones have caused a significant debate within the framework of urban policy and economic development over the past two decades. The idea of cutting taxes and regulations as a free market remedy for impoverished areas was originally a frontend brought forward by conservatives and denounced by many liberals. Today, the state zones that populate the landscape of rural and urban areas hardly resemble the anti-government, supply-side approach. A new vibrant, federal empowered zones and enterprise community programs require the inclusion of social programs which provide grants for individual zones. As to their mode of operation, enterprise zones provide special state and local economic-development incentives that encourage commercial investments and promotion of job creation in the economy. The program primarily aims at providing tax incentives to businesses within an enterprise zone. Eligibility for benefits from the program depends on physical presence in a given zone: existing businesses and those being relocated to such areas are eligible. These incentives include: hiring tax credit, sale and use tax credits, deductions of business expenses, carryover of net operating losses and deduction of net interest that lenders and banks charge. A business located within an enterprise zone may reduce its state income tax by a percentage of wages paid to qualified employees. It may also claim up to half of employeeââ¬â¢s wages within the first year of employment. The drawbacks to enterprise zone system range from costs, training and turnover to
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