Opportunity Development Through Corporate Venturing

Introduction Firms engage in new ventures to remain competitive. New ventures are endeavors in pursuit of new revenue streams. The firm has to consider internal and external factors that are likely to affect the revenue in the process of identifying new ventures (Armstrong et al. 2004).Advertising We will write a custom essay sample on Opportunity Development Through Corporate Venturing specifically for you for only $16.05 $11/page Learn More This paper discusses the introduction of a new mobile money transfer service as a business venture. A firm could engage in internal or external corporate venturing. The business venture is born because of a gap identified in the market. Again Boston Consulting Group (2005) suggests that this calls for the need for customers to transfer money at minimal charges and with relative ease. The venture requires a large capital outlay. Implementation and commercialization of the service is expected to follow the business li fe cycle. Success in marketing of the new corporate venture will rely heavily on how well the marketing appeals to the customers’ adoption process. The organization selected is a mobile telephony company. The business opportunity is provision of money transfer services through the phone. External analysis of the firm This involves analyzing the opportunities and threats the environment holds for the business. For the purpose of this analysis, the environment can be grouped in macro and task environment. The macro will involve an analysis of the political, economic, social, technological, environmental and legal framework. An evaluation of the task environment will involve an analysis of the customers, suppliers, labour and competitors (Chen Chang Fan 2008). On the macro-economic front, it will be critical to analyze the economic trends. Opportunities prevailing include economic expansion, which will boost demand for the service (Gilley 1989). With a growing economy, the need to transfer money conveniently and fast stands to guarantee uptake of the service by customers.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More On the political front, the country is stable and there is an active campaign to market the country to willing investors. Socially, the nature of the country’s populace is such that very few are banked. This implies that small and medium scale businesses transact through other avenues other than banks (Boston Consulting Group, 2005). This presents the firm with potential clientele. Technologically, the customers stand to benefit from the new service in that there will be no need to travel or exchange physical documents like cheques and receipts to confirm sealed deals. The service will facilitate business transactions that are geared towards economic growth. The inconveniencing paper trails of money transfer will be reduced, consequently, th e initiative will contribute to environmental conservation of trees and less dumping of paper (Centennial business summit 2008). There are challenges that one ought to overcome in case implementation of the new venture is to succeed. Some of the challenged include obtaining political goodwill, competition, financing, lack of specialized equipment. As such, customers could take too much time to warm up to the new service for fear of security of their funds. Ultimately, the regulators may be opposed to such a venture or limit transfer amounts (Armstrong et al. 2004). Internal analysis This will involve an analysis of those factors that create a competitive advantage and those that limit the firm. These are strengths and weaknesses that the firm meets in its operation. The strengths and weaknesses count as the salient aspects to consider under internal analysis in relation to strengths. These include experience of the firm, management of the firm and its recent successes, market penetr ation by its marketing and sales team. According to Wheeler, Fabig and Boele (2002), availability of a platform on which to run the new service are fundamental in this endeavor. Effective information management systems count significantly in the smooth operation of the business that effects better decision making. Good standing with financial institutions guarantees credit lines that favor the company. As Carrand and Oliphant say: Before you commerce in business you must have a certain sum of money available for starting the enterprise; that is, a certain amount of Business Capital. The amount of capital need will naturally depend upon the nature and extent of the business concerned. It is not essential; however, that you should possess all this capital yourself, as a great deal of modern business is carried on with borrowed capital.Advertising We will write a custom essay sample on Opportunity Development Through Corporate Venturing specifically for you for only $16. 05 $11/page Learn More But you must remember that if you run your business on partly borrowed capital you will have to pay interest on the sum borrowed and therefore will be at a disadvantage compared with a competitor who uses his own capital. (Carrand and Oliphant, 1973, p 21) It must not be lost to the firm that there are inherent internal weaknesses to contend. Some of these weaknesses include drying up of credit lines because of bad debts, worn out plant and machinery, poor market research, poor staff preparedness and management and duration of patents. The firm already has an existing base of distributors. It only needs to tap in to this existing network by incentivizing the distributors through commissions and bonuses based on the volume of the new product they move. The business venture is born because of a gap identified in the market. As Mugala writes: A company should start by analyzing the environment. It should set a market intelligence system to track im portant developments and trends such as changes in income, spending patterns, savings rate, regulatory framework, etc. After identifying the implied opportunities and threats, it should then evaluate the opportunities in terms of their attractiveness, size, growth potential and profitability. It should choose those opportunities for the company possesses the required strengths or f it can develop (Mugala, 1999, p 25). This presents the need for customers to transfer money on minimal charges and relative ease. In addition, the venture sits well with the firm’s mission to be the leading telephony company in the country. Such a venture will go a long way in giving the company a competitive advantage. Resource base Availability of resources necessary for the success of the venture will be crucial. Finance for the entire venture will have to be availed. The scale of the venture will determine if external funds will need to be sourced from financial institutions or rights issue.Adv ertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Some of the key aspects of financing will include infrastructure (plant and equipment), sales and marketing, hiring of specialized skills and training of new and existing staff (Boston Consulting Group, 2005). The success of this venture will rely heavily on the marketing and commercialization of the new service. Secondly, information technology needs will need to be addressed. This involves infrastructure of the new operating system, good information management systems, hiring of back office operators, and training of existing distributors on the mechanism of the new money transfer system (Swift Zadek 2002). Thirdly, a critical look at intellectual property rights will be paramount. This includes branding of the money transfer system and patenting of the service. Fourth, the legal aspect of the transfer of money through a new platform will need to be addressed with the regulator. The firm had previously got on board a data hub service. This venture required a large capital outlay on the onset. Profits from the venture were only realized in the growth stage of the products life cycle (Unity Marketing 2005). This venture was undertaken to cash in on the desire expressed by many organizations in the economy to concentrate on their core competencies and transfer overheads related to their non-core business functions to more specialized companies. The business gained traction by strategic advertising, venturing into new market segments, increased sales promotion activities and maintaining stable prices (Lovelock and Wirtz 2007). Being a business in the emerging industries category the firm was able to attract a lot of attention and investments in the early stages of the product. This led to a rapid grow of new customer, increased market penetration and competitive advantage. To achieve this, the firm had to take a considerable risk. It took the research and development team one year to conduct feasibility studies before the venture was given a go ahead. The ventu re was aimed at adding to the firm existing product portfolio and adding value to its customers. The venture was an initiative of the firm with no outside partnership. This meant the firm had to have a solid business proposal to convince banks to advance credit. Along the process of research and development up to the product introduction point, many challenges were encountered. Some of the challenges encountered included, logistical problems, availability of skilled labour and technical problems. However this served to galvanize the team contributing to the eventual success of the project. â€Å"It is desirable that one should know something about the general nature of the business one proposes to carry on. This gives experience. Yet you will find that a good many tradesmen have the vaguest knowledge of its more technical side† (Carrand and Oliphant, 1973, p 21). New business venture proposal Emerging industries have tremendous growth and equally face is a great deal of compe tition and uncertainty. With this in mind, the firm should seek to create a win early strategy which enables a company to grow as quickly as possible in the process creating a brand name that customers can associate with (Birch 2002). The company has to be the best by establishing highly efficient performance standards. In so doing, it creates a gap between itself and the competition. Apart from that, this new venture establishes a superior niche market. The company being in the telephony industry should take advantage of new technology to reap maximum benefits since technology changes rapidly. With ever present competition, building brand loyalty will be key. The quicker the company creates brand loyalty, the better placed it is to insulate itself from the competition. Innovation is the key word, a daily process for any marketer in the liberalized world today. Technological innovations have turned this world into a global village. Managing a cross-cultural global market is a challe nging task for the marketing personnel. Corporates are having a hard time to look at their products getting to markets prior to making a decision on the marketing strategy (Mugala, 1999, p.25). Recommendation of a suitable implementation mechanism Implementation has to be in line with the set plan on management, finance, human resource, marketing and operations. Since it’s a money transfer service a trial will have to be conducted on a test market before the eventual roll out to the entire market. As suggested by Timmons, Gillin, Burshtei Spinelli (2010), the company will outsource the training of the new service to another firm. The firm will be responsible for the training of all the existing and new distributors. They will supply the materials needed for the service and brand the distributors premises. Training will be a continuous process. This is because an additional improvements made on the product will have to be communicated to the distributor without failure (Biebe r Meurer 2010). This will enables the company to concentrate its efforts on the operations of the new venture. Teamwork will aid achieve better results. A good team outperforms a group and outperforms all reasonable expectations of its individual members. Meaning a team produces synergy. Team members must be committed to each other’s personal growth and success, as well as that of the team. Team members also share ideas on what traditional or company policy orientation. Management functions such as planning, organizing, setting performance goals, assessing performance are important to consider. Again, developing their own strategies to manage change and securing their resources are of fundamental consideration (Carrand Oliphant 1975). In any given market, buyers differ in the speed and willingness to accept new products. Buying behavior of customers needs to be understood by a company launching a new product. An individual goes through a set of successive decisions before b uying a new product. The adoption process involves awareness, interest, trial and confirmation of the new product. Adaptor categories include innovators, early adaptors, early majority and late majority. The firm intends to launch into the market a mobile service, which enables customers to receive and send money through their mobile phones. This will be done in line with the business cycle that involves the introduction, growth, maturity and decline stages. At the introduction stage, competitive advantage will be gained since the company is the first to venture into the market with such a product. In the process, the company will create brand recognition. This strong brand recognition will serve as a strong switching cost. In the event that a competitor may surface, customers will be reluctant to switch to the new entrant (Boston Consulting Group, 2005). This competitive advantage should be maintained by continuously improving the product with the change in technology. The marketin g objective at this stage is to promote consumer awareness. At the growth stage, there is less pressure and there will be exciting advances in new technology and sales volume. At this stage, developing innovative expertise will be easier. Being the only service of its kind in the market, the service is likely to enjoy huge demand. This will most likely attract new competitors. The company will have balance short-term returns with long-term viability. Sale will grow rapidly and this may attract competitors (GOOGOL 2000). The objective at this stage is to maintain growth in sales by improving on the new venture. New distributors may be interested in the new venture due to the returns in the venture. The firm will cease this opportunity as a market development strategy. At the maturity stage, the service is likely to have four characteristics. It will lack continued growth, it will lack patent protection on some of the key technologies, experience will cease to provide an advantage to other competitors and it will have few avenues for differentiation (Unity Marketing 2005). The firm may consider introducing other services on the same platform that add value to the customer. For example, pay bill services, purchase of goods and collaborating with banks on mobile banking. At the decline stage, the firm should re-evaluate its viability. Should it find that its competitive advantage is still strong, it should reposition the business as a long term survivor in a dwindling market. There are four strategies to consider at this stage. The firm should either divest (sell out), harvest (let the business wither gradually), niche (focus only on a section of the market with sustained demand), and leadership (position itself so that it has the lion’s share of the dwindling market). For the venture to succeed a great investment has to be made on human resource development. The technical department has to make sure that there is no server that is not functional as this mi ght delay funds transfer and inconvenience customers. The focus of Human Resource Development (HRD) is to develop the most superior workforce. Organizations have many opportunities for HRD both within and outside the workplace. This will regulate motivation among regular and non-regular employees. The need for human resources development should be understood by both the employees and the employer. HRD should be implemented systematically. HRD is important in an organization to do the tasks. Non-regular employees can be given training. In today’s scenario it is important to educate and train employees about the change. Quality needs to be assured. There are many strategies for this development. First, there should be a plan. This plan should be discussed and adhered to. Finally, this plan should be executed for the desired output. The employees should also benefit from it. The extent to which people will give suggestions and ideas for improvement will depend to a large extent on human resources development strategies in a firm (Unity Marketing 2005). Conclusion The mobile telephony industry is a rapidly changing industry in terms of technology. A certification acquired today may not be valid after three years. Reviews have to be made to the old certifications. This makes human resource development a continuous process (Unity Marketing 2005). This asset has to be protected from competitors who will be out to offer good deals to the firm’s employees. Long-term investment plan will be necessary to aid the firm’s new venture to be the best and eventually roll out its operations globally. According to Final Report of the Expert Group (2008), many companies rush to cash in on new ventures but are eventually bought by their rivals at maturity due to the lack of innovation and failure to maintain their competitive advantage. Again, Final Report of the Expert Group (2002) reiterate in the same voice that survive, the firm has to focus on long-term p rojects through taking risks which they know its market trend. The company should be consistent, relevant and continually improve on its financial, human and technical capabilities (Reference USA Database of Business 2007). References Armstrong, G., Kotler, P., Cunningham, P., Mitchell, P. (2004). Marketing and introduction (Canadian ed.). Toronto: Prentice-Hall. Bieber, DG., Meurer, R. (2010). Example online marketplace for hotels Whigoo Thomas Surmann. Whigoo. Retrieved from http://www.whigoo.com Birch, D. (2002, December). Slump, what slump in Small Business. USA: Fortune Magazine. Holt, R., Winston. (2005). Foundation of marketing (4th Canadian ed.). Ontario: Boston Consulting Group. Carrand, H.L., Oliphant, L. (1973). Elements of commerce. London: Cassell and Collier Macmillan Publisher Ltd. Carrand, H.L., Oliphant, L. (1975). Elements of commerce. London: Cassell and Collier Macmillan Publisher Ltd. Centennial business summit (2008). Creativity and entrepreneurship in the gl obal environment. Centennial 1908-2008. Retrieved from http://www.hbs.edu/centennial/businesssummit/entrepreneurship/creativity-and-entrepreneurship-in-the-global-environment.html Chen, A C, Chang, Y. Fan, F (2008). An Empirical Investigation of the Relationships among Service Quality Expectations, Actual Experiences, and its Gap towards Satisfaction. Proceedings for the Northeast Region Decision Sciences Institute (NEDSI), 86-91. European Commission. (2002). Final report of the expert group – Best procedure project on education and training for entrepreneurship. European Commission. retrieved from http://ec.europa.eu/enterprise/policies/sme/files/support_measures/training_education/education_final_en.pdf European Commission. (2008). Final report of the expert group – Entrepreneurship in higher education, especially within non-business studies. European Commission. retrieved from http://ec.europa.eu/enterprise/policies/sme/files/support_measures/training_education/edu cation_final_en.pdf Gilley, W. J. (1989). Human resource development. Ontario: Addison Wesley Publishing Company. GOOGOL. (2000). Internal Corporate Venturing. Retrieved from Googol Web site: http://googol.se/images/googol_wp_internal_corporate_venturing.pdf Lovelock, C., Wirtz, J. (2007). Service marketing: People, Technology, Strategy (6th ed.). Upper Saddle River, US, N.J: Pearson Education International. Reference USA Database of Business (2007). Decorative market manufacturers in the U.S. Retrieved from Reference USA Web site: http://www.referenceusa.com/ Swift, T., Zadek, S. (2002). Corporate responsibility and the comparative advantage of nations. London, Copenhagen: The Copenhagen Centre, and Accountability. Timmons , J., Gillin, L., Burshtei, S., Spinelli, S. (2010). New venture creation: Entrepreneurship for the 21st century – A Pacific rim perspective. Australi: MacGraw Hill. Unity Marketing. (2005). Unity marketing study shows candle market becoming more consolid ated as consumers turn to mass merchants. Retrieved from Unity Marketing Web site: http://www.unitymarketingonline.com Wheeler, D., Fabig, H., Boele, R. (2002). Paradoxes and dilemmas for stakeholder responsive firms in the extractive sector: lessons from the case of shell and the ogoni. Journal of Business Ethics, 39(3), 297-318. This essay on Opportunity Development Through Corporate Venturing was written and submitted by user Leonard Nash to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Literary Analysis Night Essay Example

Literary Analysis Night Essay Example Literary Analysis Night Essay Literary Analysis Night Essay Essay Topic: Survival in Auschwitz â€Å"Right next to us the high chimney of the crematory oven rose up. It no longer made any impression on us. It scarcely attracted our attention.†(Pg.109) A fifteen year old boy named Elie Wiesel and his family were taken from their home by German officers. They were being taken along with other Jews to concentration camps or most likely their death and they didnt even know it. Night describes Elies life at the concentration camp and symbolizes darkness. He writes about how his mother and sister were taken from him, his beatings, how he and his dad’s relationship got better, and how he survived all those years. Elie is brave, caring, scared and a survivor throughout the book. Location: Auschwitz: â€Å" God is testing us. He wants us to find out whether we can dominate our base instincts and kill satan within us. We have no right to despair. And if he punishes us relentlessly,its a sign that he loves us all the more.†(Pg.53) The setting changed often being movedfrom camp to camp. The more cruelty made Elie lose faith in God. Each time the Jews were taken somewhere new they changed personality. It was each man for himself. Sons killing their fathers for a piece of bread. â€Å"Meir, meir, my boy dont you recognize me? I’m your father you’re hurting me you’re killing your father! I’ve got some bread.. for you too for you too†(Pg.105) Sons were abandoning their fathers for their own survival.Elie prayed that he never did that to his father. The Jews went days without food and would just about anything for it. â€Å"Wild beasts of prey, with animal hatred in their eyes; an extraordinary vitality had seized them, sha rpening their teeth and nails.†(Pg.105) Elie no longer had faith in God, he asked why this was happening and how God could let it happen. â€Å"And, in spite of myself, a prayer rose in my heart, to that God in whom I no longer believed. My God, Lord of the universe, give me strength to never do what Rabbi Eliahou

Coraline, by Neil Gaiman - Summary and Review

Coraline, by Neil Gaiman - Summary and Review Coraline by Neil Gaiman is a weird and delightfully scary fairy tale/ghost story. I call it delightfully scary because while it grips the readers attention with creepy happenings that may cause a case of the shivers, it is not the kind of scary book that leads to nightmares of the it could happen to me kind. The story revolves around the very strange experiences Coraline has when she and her parents move into an apartment in an old house. Coraline must save herself and her parents from the evil forces that threaten them. Coraline by Neil Gaiman is recommended for ages 8-12. The Story of Coraline The idea behind Coraline can be found in the quotation by C.K. Chesterton that precedes the beginning of the story: Fairy tales are more than true: not because they tell us that dragons exist, but because they tell us dragons can be beaten. This short novel tells the amazing, and creepy, tale of what happens when a girl named Coraline and her parents move into an apartment on the second floor of a very old house. Two elderly retired actresses live on the ground floor and an old, and quite strange, man who says he is training a mouse circus, lives in the flat above Coralines family. Coralines parents are frequently distracted and dont pay a lot of attention to her, the neighbors keep pronouncing her name incorrectly, and Coraline is bored. In the course of exploring the house, Coraline discovers a door that opens onto a brick wall. Her mother explains that when the house was divided into apartments, the doorway was bricked up between their apartment and the empty flat on the other side of the house, the one thats still for sale. Strange sounds, shadowy creatures in the night, cryptic warnings from her neighbors, a scary reading of tea leaves and the gift of a stone with a hole in it because its good for bad things, sometimes, are all rather unsettling. However, its when Coraline opens the door to the brick wall, finds the wall gone, and walks into the supposedly empty apartment that things get really strange and frightening. The apartment is furnished. Living in it is a woman who sounds much like Carlines mother and introduces herself as Coralines other mother and Coralines other father. Both have button eyes, big and black and shiny. While initially enjoying the good food and attention, Coraline finds more and more to worry her. Her other mother insists they want her to stay forever, her real parents disappear, and Coraline quickly realizes that it will be up to her to save herself and her real parents. The story of how she copes with her other mother and the strange versions of her real neighbors, how she helps and gets helped by three young ghosts and a talking cat, and how she frees herself and rescues her real parents by being brave and resourceful is dramatic and exciting. While the pen and ink illustrations by Dave McKean are appropriately creepy, they are not really necessary. Neil Gaiman does a superb job of painting pictures with words, making it easy for readers to visualize each scene. Neil Gaiman In 2009, author Neil Gaiman won the John Newbery Medal for excellence in young peoples literature for his middle-grade fantasy novel The Graveyard Book. Our Recommendation We recommend Coraline for 8 to 12-year-olds. Although the main character is a girl, this tale will appeal to both boys and girls who enjoy weird and scary (but not too scary) tales. Because of all of the dramatic happenings, Coraline is also a good read-aloud for 8- to 12-year-olds. Even if your child is not frightened by the book, the movie version may be a different story.

Theoretical Position. Standards for Evaluating Theories Essay

Theoretical Position. Standards for Evaluating Theories - Essay Example On the other hand, epistemology deals with the scope and nature of knowledge. Standards for Evaluating Theories There are five standards for evaluating theories and they include scope, testability, parsimony, utility and heurism. In the assessment of the scope of a theory, one has to determine how much and how good a theory defines and explains. Testability is the second standard for evaluating theories; in this aspect the theory is investigated to know whether it is correct or not, or [if it is incredible such that it does not require to be tested] (Can this be reworded without the word "incredible" and "does not require" to be tested? Our text does not cover the concept of a theory being so incredible it doesn't require testing). A third standard for evaluating theories is parsimony; parsimony can be referred to as simplicity. In this context, the theory does not have to be complex. The fourth standard is utility; many people tend to think that theory as being academic and esoteric (when it can have a functional use). The last standard in evaluating theories is heurism. What is the heuristic value of the theory? In this context, one asks himself if the theory leads to new thinking or its contribution to the knowledge of something and if it offers us with the possibility of further investigation (Wood, 2004). Some of the standards or criteria are more important than others; this is because I think they are more subjective than the others. I believe scope, parsimony, and utility to be more important than the others. In the context of scope, some of the theories claim to define and offer an explanation to almost all features of mass communication (including the medium, the recipient of the media messages, the content and the communicator). There are theories that provide an explanation and a description of only one feature of mass communication. For instance, â€Å"feminist theories which although can cover the whole domain of mass communication, often only foc us on media content and the portrayal of women in media content† (Fourie, 2001, p. 46). When considering how well a theory defines something, one has to distinguish whether the theory offers a full or partial description of all the important aspects of the phenomenon. For instance, a theory can focus on all or partial aspects of mass communications process (medium, messages, communicator and recipient) (Fourie, 2001, p. 43). In regard to parsimony, it is thought that majority of the best theories are simple and they permit sound description and explanation. For example, the Roman Jakobson’s theory of communication functions has been used in many ways by a number of researchers to investigate the components of mass communication (Jakobson, Pomorska & Rudy, 1985, p170). In the context of utility, theories are supposed to possess practical importance in terms of the individual understanding of the phenomenon with the aim of managing the phenomenon and enhancing the phenome non. A theory assisting us in understanding how mass communication operates â€Å"can lead to our control of this phenomenon to the benefit of people and society† (Fourie, 2001, p57). Ontology Ontology can be defined as the division of philosophy that deals with the organization and the nature of being (Maedche, 2002, p56). In other words, it is a branch of philosophy that explains the characteristic and organization of the being. My ontological position is that the characteristics and organization

Microeconomics Questions Essay Example | Topics and Well Written Essays - 1000 words

Microeconomics Questions - Essay Example Therefore, a product with high total revenue is less elastic than the products with less or low total revenue. Bottled water is elastic since there exists alternative or substitute to bottled water like un-bottled water which might be cheaper. Toothpaste is also very elastic since there exists very many brands of toothpaste and some people may go without using toothpaste so they consider it not so necessary. The cookie dough ice cream has inelastic demand for changes in price leads to a small change in quantity demanded. This is because the product is not a necessity. Fresh green beans have an elastic demand for it is a perishable good, a small change in price will lead to a larger change in quantity demanded. Also, given a short time period allowed for the customers to adjust to the prices, the elasticity of the fresh green beans less elastic. For gasoline, being that there exist several substitutes for the product, there is a greater elasticity of the product. That is, a small chan ge in the price can lead to a larger change in the quantity demanded. Externalities: a positive externality is the effect of a project on the people not involved in the project but in a way that is productive or in a beneficial way to those people. For example, a project to tarmac a road leading to a sugar cane plantation benefits even those who are not concerned directly with the plantation when they enjoy the goodness that comes with a tarmac road even to access market with their own goods. On the other hand, a negative externality is the negative effect of a project or a cost to those who are not directly involved in the project. For instance, a paper milling factory emits poisonous gasses and heavy compounds to the environment posing the society around to health risks. The government therefore needs to encourage and promote positive externalities by providing subsidies and reducing taxes for the materials that are used in such projects. For negative externalities, the government needs to price higher the license for starting up such projects, can impose heavy taxes, tough regulations and charges or even issue a barn order to initiating such kind of projects. For instance, for the above examples, the government needs to subsidize the road construction or remove taxes on the materials used to build the road and in the case of the paper milling company; the government should impose tough regulations such as the factory should put up a hospital to treat the affected people freely and also to carry out frequent checks on the people to find out any developing diseases from them. Others can be to force the factory to reduce their waste into less harmful gases by installing pollution control devices which might be very expensive to install or impose heavy taxes on the factory if it is necessary to exist. Short and long run: being that the customers are so many in the restaurant on a daily routine and they eat without tables brings some sense that the issue on the table is not a very urgent need that should be dealt with as a short run problem. Therefore, the restaurant can just continue making profits with the already available fixed inputs and equipment and plan to provide tables much later after the business has made enough profits. In the short run therefore, the restaurant can major on how to increase labor that is used to prepare

Life Of Raphael Sanzio :: essays research papers

During a time when Michelangelo and Leonardo Da Vinci were the prime artists in Europe, a young man by the name of Raffaello Sanzio was starting to attract major attention with his artworks. The Italian high Renaissance was marked by paintings expressing human grandeur and very humanistic values. No one better portrayed the Italian high Renaissance then Raphael Sanzio, with his painting’s clarity and ease of composition, Raphael was easily one of the greatest painters of this period.   Ã‚  Ã‚  Ã‚  Ã‚  Born in an artistically influenced town in Italy called Urbino, Raffaello Sanzio was first taught by his father, Giovanni Santi, how to compose works of art at a very early age. At the age of fourteen, Raphael’s father realized his son’s potential and sent him to a very talented teacher by the name of Pietro Perugino. Pietro Perugino lived from 1478 to 1520, and had a strong influence on Raphael’s early artworks. Perugino was a Umbrian painter who loved to incorporate beautiful landscapes into his paintings. Raphael’s early works resembled Perugino’s so much that paintings such as the Crucifixion with the Virgin, Saint John, Saint Jerome, and Saint Mary Magdalene were thought to be Raphael’s until the church of San Gimingniano proved that they were in fact Perugino’s. "Raphael was only 14. It is undoubtedly a Perugino calmly emotional, and pious rather than passionate. Unlike the other great painters of this time, such as Michelangelo and Da Vinci, Raphael was born with a great understanding of art and required little instruction if any. Because of Raphael’s great understanding of the arts, he quickly surpassed his teacher and ventured out on his own to the great city of Florence in 1504.   Ã‚  Ã‚  Ã‚  Ã‚  At the same time Raphael arrived in Florence, the other great painters of time, Michelangelo and Leonardo Da Vinci were the popular painters of the city. Because of the competitive environment of Florence, Raphael adopted many new painting techniques such as shading, anatomy, and frozen action.   Ã‚  Ã‚  Ã‚  Ã‚  Both Michelangelo and Da Vinci’s styles influenced Raphael while he was in Florence. Raphael’s energetic paintings with softness and balance such as the "Small Cauper Madonna", were influenced directly from Michelangelo. While Raphael was in Florence, Duke Guidobaldo employed him to paint a painting for King Henry VII of England. In the painting "Saint George and the Dragon", Raphael portrays Saint George as a brave warrior fighting against a dragon right outside it’s lair. Life Of Raphael Sanzio :: essays research papers During a time when Michelangelo and Leonardo Da Vinci were the prime artists in Europe, a young man by the name of Raffaello Sanzio was starting to attract major attention with his artworks. The Italian high Renaissance was marked by paintings expressing human grandeur and very humanistic values. No one better portrayed the Italian high Renaissance then Raphael Sanzio, with his painting’s clarity and ease of composition, Raphael was easily one of the greatest painters of this period.   Ã‚  Ã‚  Ã‚  Ã‚  Born in an artistically influenced town in Italy called Urbino, Raffaello Sanzio was first taught by his father, Giovanni Santi, how to compose works of art at a very early age. At the age of fourteen, Raphael’s father realized his son’s potential and sent him to a very talented teacher by the name of Pietro Perugino. Pietro Perugino lived from 1478 to 1520, and had a strong influence on Raphael’s early artworks. Perugino was a Umbrian painter who loved to incorporate beautiful landscapes into his paintings. Raphael’s early works resembled Perugino’s so much that paintings such as the Crucifixion with the Virgin, Saint John, Saint Jerome, and Saint Mary Magdalene were thought to be Raphael’s until the church of San Gimingniano proved that they were in fact Perugino’s. "Raphael was only 14. It is undoubtedly a Perugino calmly emotional, and pious rather than passionate. Unlike the other great painters of this time, such as Michelangelo and Da Vinci, Raphael was born with a great understanding of art and required little instruction if any. Because of Raphael’s great understanding of the arts, he quickly surpassed his teacher and ventured out on his own to the great city of Florence in 1504.   Ã‚  Ã‚  Ã‚  Ã‚  At the same time Raphael arrived in Florence, the other great painters of time, Michelangelo and Leonardo Da Vinci were the popular painters of the city. Because of the competitive environment of Florence, Raphael adopted many new painting techniques such as shading, anatomy, and frozen action.   Ã‚  Ã‚  Ã‚  Ã‚  Both Michelangelo and Da Vinci’s styles influenced Raphael while he was in Florence. Raphael’s energetic paintings with softness and balance such as the "Small Cauper Madonna", were influenced directly from Michelangelo. While Raphael was in Florence, Duke Guidobaldo employed him to paint a painting for King Henry VII of England. In the painting "Saint George and the Dragon", Raphael portrays Saint George as a brave warrior fighting against a dragon right outside it’s lair.

Diminishing Punjabi

Punjabi (Gurmukhi: à ¨ ªÃ  © °Ã  ¨Å"à ¨ ¾Ã  ¨ ¬Ã  ©â‚¬; Devanagari: à ¤ ªÃ  ¤â€šÃ  ¤Å"à ¤ ¾Ã  ¤ ¬Ã  ¥â‚¬; Shahmukhi: : Ù ¾Ã™â€ Ã˜ ¬Ã˜ §Ã˜ ¨Ã›Å') Is an Indo-Aryan language spoken by 130 million native speakers worldwide, making it the 10th most widely spoken language in the world. It is the native language of the Punjabi people who inhabit the historical Punjab region of Pakistan and India. Punjabi emerged as an independent language in the 12th century.Punjabi emerged as an independent language in the 12th century. The Sikh religion originated in the 15th century in the Punjab region and Punjabi is the predominant language spoken by Sikhs. Guru Nanak himself composed Punjabi verse incorporating vocabulary from Sanskrit, Persian, Arabic and other Indic languages as characteristic of the Gurbani tradition. In India, Punjabi is one of the 22 scheduled language of India. It is the first official language of the Indian State of Punjab.In Pakistan, Punjabi has not been granted official status at the national level though it is the most spoken language and is the provincial language of Punjab, Pakistan, the second largest and the most populous province of Pakistan. Punjabi is becoming more acceptable among Punjabis in modern media and communications. Punjabi has always been an integral part of Indian Bollywood cinema. In recent years a trend of Bollywood songs written totally in Punjabi can be observed. Punjabi pop and folk songs are very popular both in India and Pakistan at the national level.A number of television dramas based on Punjabi characters are telecast by different channels. Punjabi cinema in India has also seen a revival and more and more Punjabi movies are being produced. Punjabi music is very popular today throughout the world. Punjabi is also spoken as a minority language in several other countries where Punjabi people have emigrated in large numbers, such as the United States, Australia, the United Kingdom, where it is the second-most-commonly use d language and Canada, where it is the fourth-most-spoken language.There were 76 million Punjabi speakers in Pakistan in 2008, 33 million in India in 2011, 1.3 million in the UK in 2000, 368,000 in Canada in 2006, and smaller numbers in other countries. But now-a-days the trends have changed in India. Western Languages are proving very influential. People try to learn different languages like Spanish, German, French and to prove themselves superior they speak English in gatherings. Even Sikh families have stopped speaking Punjabi because their children learn Hindi and English in their schools and they are not taught Punjabi. Parents when asked that why don’t you speak Punjabi, they have a very simple excuse â€Å" School mein toh hindi sikhate hain bacho ko†¦.punjabi kaha aati hain inhe.†Parents do not take initiative of teaching their child themselves rather put blames on schooling system. Even in Gurdwara’s we find Sikh people talking to each other in Hin di. Whereas this is not the scenario in any other country or even any other States of India. When we go to South of India people speak their native language to everyone they meet. There hardly anyone knows Hindi. In Foreign Countries like France, Spain people speak French and Spanish respectively . They even do not speak English amongst themselves.And this is the only reason why people of different culture and language try and learn their language. Punjabi was very widely spoken in older days when people knew the value of Punjabi Boli. But now number of Punjabi speakers have reduced. If this remains the scenario the time is not far away when Punjabi will be one of the extinct language in the next 15-20 yrs. It should be the responsibility of parents and grandparents to teach children their Mother Tongue and they should not rely only on school and tutions. This will bring children close to their culture and will save Punjabi from becoming extinct.