Entrepreneurship Use Innovation In A Right Way Business Essay - Free Essay Example

Sample details Pages: 6 Words: 1943 Downloads: 10 Date added: 2017/06/26 Category Business Essay Type Analytical essay Did you like this example? Entrepreneurship, a concept believed varies from person to person, and it is hard to say which one is right. But I must say I believe this perspective: the introduction of new economic activity can make the market change (cf, Herbert Simon in Sarasvathy, 2000, pp. 2,11) from the deep of my heart. It means a good entrepreneurship needs not only good innovations, but also a right way to use them in the market. And I figure Firm and market newness of economic activities mentioned in What is entrepreneurship? written by Davidsson, P. (2004) impressed me a lot. The true entrepreneurship, according to the writer, is making some kind of differences in marketplace. New offer is definitely an important part of entrepreneurship, and it does not need any further explanation. And what I want to say is the concept: geographical market expansion (Davidsson, P. 2004). Do something new to the market is the soul of true entrepreneurship, even the action is not an innovation in the industry. As we all know, Mark Zuckerberg, the genius founder of the most famous and successful social network Facebook, he not only establish his own network empire but also a totally new industry. Mark got a great idea, saw a wonderful opportunity, knew what he should do, took his time and got the job done. Obviously the work Mark did is an excellent model of entrepreneurship, but let us see what the other guys did just after Mark. One year after Marks Facebook, Wang Xing, a student from Tsinghua University, built his third website Xiaonei.com. When Wang studied as an international in abroad, he found a lot of his classmates keep contact with each other using the Facebook. So after he finished his study, Wang returned to China and started his owner business with a few friends. They copied Marks social network, but made it a Chinese edition, added some element easy for Chinese people to use and accept. Wangs Xiaonei.com became so popular and even beyond his exception. It is easy for us to tell that, to the social network industry, Wang did nothing can be called new; but to the china domestic market, Wang is a new offer. On the base of geographical market expansion, innovation aims at certain geographical market is very important. As what I have mentioned above, the target customer of Xiaonei.com is university student. It offers a lot of specialized service, for example, a very complete and powerful university list of all over world. With the help of the list, the user can find old classmates efficiently. And, of course, true name and head portrait system. At the same time, another social network, kaixin001.com, was launched quietly. The founder, Cheng Binghao, worked as a white collar. He defined his mainly user as company man, and offered them a huge number of online games to help them kill time. So we can make a short conclusion here that the key to entrepreneurship is innovation, but the innovation should turn its direction to market. The s entence Entrepreneur are not just opportunistic; they are also creative and innovation written by Haward H.Stevenson David E.Gumpert(1985) in The heart of entrepreneurship inspired me a lot. This is a much higher level which compared with mere geographical market expansion. Lets talk about Steve Jobs and his iPhone. Steve launched only one product but changed the whole mobile communication industry and even peoples life style. The famous sentence We want to reinvent the phone not only means the birth of a totally new product but also a new demand, a new opportunity. Before iPhone, nobody realized that they have so many demands for a mobile phone. High quality camera; voicemail; internet surfing; navigation, millions of apps; a phone can be almost omnipotence. That can be called innovation and entrepreneurship. The writer also mentioned some very interesting differences between administrator entrepreneur. That makes me think of my money-making exercise. Making 900 kronas in 6 ho urs should be considered as a kind of success. But it is time for me to look back and find out what can I learn from it. When my group got the 50 kronas, the first thing came in my mind was not the paper with a womans head on it; but the other resource I need and the way to acquire them. Finally I figured my identity, a university student, should be a kind of advantage to use in my business. I can borrow the resource from university, and the next days 5 minutes presentation was the best resource I could use. Then we decided to turn the presentation into a commercial time, and get money from it. And that is called entrepreneur learn to use other peoples resources well by Haward H.Stevenson David E.Gumpert. And I think that is why we made a good business. After discussed about entrepreneurship, it is extremely necessary for us to make a deep study about the people who carry out the entrepreneurship actions, the entrepreneur. James W. Carland believed that entrepreneur is differ ent from small business owner; also entrepreneurial venture is different from small business venture. And the key to distinguish these two concept is innovative strategic. But actually I think the attempt to make a clear distinction between small business venture and entrepreneurship venture is meaningless. Firstly since the market is always changing, small business venture must meet some crisis during some hard period. And if the small business owner want to save his company, it is definitely necessary for him to try some new strategies to get through the hard time. For example, some small restaurants use discount coupon just like KFC and McDonald to attract consumers in off season. Compared with traditional business model, it is a kind of new strategies, but cannot change the fact that they are still small business ventures. Secondly, some small business ventures also use innovative strategy to gain more profits. The most interesting story I knew is a farmer who lived in a village and since the price of apple was really high in the market, all the villager decided to plant apple next year. This man thought if the supply of apple become high, the price must go down. So he did not just follow the others to plant apple. And to most peoples surprise, he felled a lot of bamboo from forest and made a lot big basket. Year passed, the apple got a good harvest, but since there were too many apple in market, the price become very low. At same time, since all the apples had to be transported, the needs of basket become very high. So the famer got huge amounts of money. But after that, the man stills a farmer. We can easily tell that the farmer as a small business owner did use some innovative strategies to get the profits, exactly like an entrepreneur. However, even the best entrepreneur in the whole world needs to take the entrepreneurial opportunities to create new processes, new products, new markets, and new ways of organizing. At this moment, recognizi ng an opportunity and seize it become extremely important. But in some circumstance, even the best company in the world cannot take the opportunity and gradually decline. For instance, the former giant in film industry Kodak beaten by the digital revolution and filed for bankruptcy in January this year. After release the news, the whole business world was shocked. People asked what went wrong in this 128-years-old company and what reasons behind them. Some said that Kodak failed because it was not innovative enough, stood still and refused to make progress. But actually, Kodak became the first company to make a digital camera in1975, long before the digital age. It was really a fantastic machine at that time. And the failure of Kodak is definitely not because lack of innovation. In my opinion, Kodak failed to recognize the potential market opportunity of digital camera lead to it final bankruptcy. They let their genius invention died in the lab rather than had a try in the market . The management layer said they did that because the fear of killing its all-important film business. An innovation cannot turn into profit if it not be putted into the market, no matter how great it is. But what kind of innovation should and could be accepted by the customers is the top question of every entrepreneur. Kodak believed that people still need to print out their photos and put them in their photo frame as a permanent memory. But with the rapid development of Internet especially social network, more and more people take photos just for share them with their friends. Photos generally became a kind of carrier of individual identity and tool for communication. People want take photos with low cost and with easy transmission form, they no longer need to print their photos out and it killed the core business of Kodak. We can see from Kodaks failure that innovation is very important to a company but it is not everything. How to bring it into market and maximize the profit is the core work of all the entrepreneurs. Some scholars ask Dose entrepreneurial experience influence opportunity identification? ( Deniz Ucbasaran et al.,) I believe the answer definitely is Yes. Think about Nokia, whose performance declined obviously these years in smart phone market. Most people believe that Nokia started decline just after the appearance of iPhone. iPhone become succeed because it provides users an Internet mobile terminal rather than a phone. Whats more, the launch of AppStore and sharing the commission with all developers make the users of iPhone can choose tens of thousands of high quality Apps. Faced with this revolution in mobile communication industry, the first company involved in is Google and Andriod mobile phone system, an open-source operating system. But at the same time, Nokia still want to make a good and tough phone use its own system Symbianwith fewer programs to choose. Nokia felt iPhone would failure in a short time because it was easy to b reak, much different with their former experience about customers. When Nokia figured out what happened in the market that was too late. The entrepreneurs of Nokia thought they knew their customers needs based on their old experience, and made some decisions. Unfortunately, these wrong decisions cause the company to fail. What Amar Bhide mentioned in The question every entrepreneur must answer aroused my interest. Although competing in the same industry, companies did not evolve in the same way. Different companies use different strategies to compete with their competitors. As we all know, the competitions in cosmetic industry is very fierce and if a company want to survive in this combat, its entrepreneur must use some unique strategies. For example, The Body Shop, which used a very especial competitive strategies called all natural ingredients. This differentiation strategy helped the company get huge amounts of loyal customers, and higher rate of profit. During the same time Procter Gambler Co., and Loreal Group established multi-brand strategy. Use this strategy, these big business groups can get good quality and low cost at the same time. This strategy can help them to get most part of the market share. All of these three companies were very successful in cosmetic industry, but we can see the entrepreneurs of them use innovation in different ways to win the market. Although the definition of entrepreneurship is really hard to provide, in my present opinion: Innovation is the key for entrepreneurs to success in fierce competition, and the key to entrepreneurship is use the innovation in a right way. Don’t waste time! Our writers will create an original "Entrepreneurship Use Innovation In A Right Way Business Essay" essay for you Create order

Language in Jamaica Kincaids Autobiography of My Mother...

Use of Language in The Autobiography of My Mother Language. It is the way words flow into sentences, which flow into paragraphs, which flow into novels. It is the ability of the author to create an intricate web of plot, emotion, symbolism, and relationships through only words. In The Autobiography of My Mother , Jamaica Kincaid uses language in a way that is very simplistic, yet highly effective. Her writing is direct and to the point. There is neither flowery wording not complex sentence structure. Without the distractions of overflowing language, the depth of Kincaids material comes through with particular effectiveness. It is the simplest of writing elements, that of repetition and opposition, that Kincaid uses to create a†¦show more content†¦Xuela is seen as she wants to be seen. There is no objectivity. The only way the reader comes to know and understand Xuela is through her own words and her descriptions of the world around her (Schine 5). Another distinctive aspect of Kincaids writing is the authors relentless use of repetition. It is hard to find even a single page of the novel that is not deeply woven with repetition. The phrases I know and I did not know constantly resonate throughout the novel. As Xuela comments on her father, That I was a burden to him, I know; that he did not know how to take care of me by himself, or how to clean his own clothes himself, I know (Kincaid 4). Xuela defines herself by what it is that she knows and what it is she does not know. For her, there is no median. Xuela says she would rather be all dead or all alive, but never half of one and half of the other (106). Those around her are either kind or unkind; they are native, or they are foreign; they are sensual, or they are repulsive. It is one way, or the other. There is no gray area. Kincaid uses the repetition to emphasize this polarizing characteristic of Xuela. However, it is the things that Xuela does not know that are truly definitive of her nature. She comments: At that moment there were so many things I did not know, not including the big thing I did not know, my mother. I did not know my father; I did not know where he was from or whom or what heShow MoreRelatedNegotiating Halls Caribbean Identity in Kincaids Annie John3215 Words   |  13 PagesCaribbean Identity in Kincaids Annie John In his article Negotiating Caribbean Identities, Stuart Hall attempts to relay to the reader the complications associated with assigning a single cultural identity to the Caribbean people. Even though the article is intended by the author to represent the Caribbean people as a splicing of a number of different cultures, the processes Hall highlights are noticeable on an individual scale in the main character of Jamaica Kincaids novel, Annie John. Annie

Music in the 1980s free essay sample

In the 1980’s The 1980s was a decade of revolutionary changes on the music scene. The two major developments were the advent of MTV and the compact disc. Music became more diverse, with new wave, heavy metal, rap, techno pop, alternative rock and the new country sounds. And music became a huge marketing tool as filmmakers, TV producers and manufacturers of everything from sneakers to soft drinks used hit songs and hot performers to sell their products. Search: how pop culture affects teens / how does 1980’s affect. In the 1980’s, the popularity of pop music skyrocketed. With the help of newly developed compact discs and the rise of the popular music channel MTV, pop stars such as Michael Jackson rose to fame in the quickly growing society. Various different styles of music were born during the 1980’s as well such as: psychedelia, acid house, death metal, Goth rock, hip hop, and folk. The pop era of the 80’s flourished off the success of the little pop bands such as the New Romantics who gained popularity in basement clubs. These little bands influenced teens to wear exuberant wild clothes and changed the styles of dance in its age. Clothes, make-up, and image were very important aspects of musical groups of the 80’s. With layers of mascara and long flowing hair, musicians could almost easily become a star with the exception of women. Women had a tough time entering the business of music. Some women even dressed like men to gain popularity. Pop musician began to organize organizations to help out the world during the mid-80’s. A few musicians from Boomtown Rats helped organize aid for staving people in Ethiopia and later they organized two aid live concerts to raise ? 0 million for famine relief in Africa. According to  One Hit Wonder Central  The 1980’s was most known for it’s production of the one-hit wonder songs such as: Devo’s Whip it, Lipps Inc’s Funkytown, and The Vapors’ Turning Japanese. 1990’s The music of the 1990’s started off strong for the music styles of pop, rap, and even more one-hit wonders. Many of the most popular acts that emerged in the 1990s were bands and artists who enjoyed a type of resurgence in the mainstream music scene after their popularity had dwindled for a decade or so. according to  The Peoples History  website. Hip-hop and techno gradually rose up in popularity due to it’s image of being dance music. Different hip-hop artists used different techniques in their music such as: MC hammer rap about the rise of his career. Rock started to make a bold entrance back into the radio airwaves by using the lyrics to satirize society and its values such as Nirvana’s Smells like Teen Spirit. In rock’s return into mainstream music, it brought along with it the rise of grunge and alternative rock. Grunge and early alternative’s dark style had called for teen to search a more happier and lighter style of music. Unfortunately, in the late 90’s the quality of music was slightly fallen to the power of maintaining image. 2000’s The music of today has been shaped for years and years to refine to its quality of today. Old stars of the previous decades such as Madonna and Mariah Carey attempt to keep their career afloat by releasing singles occasionally. Justin Timberlake is one great example of an old pop star reviving his career. Punk rock has risen in fame due to bands such as Fall Out Boy and Simple Plan. The reminisce of old school rock of the previous decade attributes a great role in the success of punk rock. The popular music show American Idol has sparked various different styles of music. American Idol allowed young adults to become stars much like in the age of the 80’s. Foreign acts started to become popular in the eyes of the teenagers much like the foreign musical revolution in the 60’s. Even Asian groups such as H. O. T. became popular in America. As of late 2000’s, pop music started to blend in with RB as showed in the music of Nelly Furtado, Rihanna, and Pussycat Dolls. Contemporary effects The era of 2000’s still has time for improvement and surprises. Music can go anywhere. The current music style of pop may receive damage in quality because of the current strive for image; however, music still remains important in the hearts of teenagers. According to Kathleen OTooles article on Standford online Report  website On average, American youth listen to music and watch music videos four to five hours a day, which is more time than they spend with their friends outside of school or watching television. Music can provide many positive and negetive effects on the teenage psyche. The effects of music include and are not limited to the altercation of study habits, introduction and development to slang, and damages eardrums. Popular music effects the moods in examples such as: fast paced techno exciting the actions of teens in parties or slowed down rock mellowing out its listeners. Common slang, when used in popular songs, slip into the vocabulary of teenagers. Popular phrases such as Yay-yeah and Crunk are now used by teenagers in everyday conversations. Even some social groups are identified primarily by their choice of music according to the  MediaWise  website. According to the  Education Cyberplayground website  musical analysts conduct experiments on how music damages the ear drums of its listeners. High decibel sounds slowly damage the eardrums with potentially irreversible hearing loss to the listeners. Using earbuds increases the damage of hearing loss. According to studies on earphones, earphones can increase audio signals power by about nine times as the original amount of decibels. MTV and various musical channels act as medium to reach out to teenagers. Business companies exploit the popularity of music to sell products to teenagers, but not everyone exploits music for profit. Some teenagers use music as outlet for expression and creativity. Music, in a general view, has been a large part of popular culture. According to  MinTheCap  website This [pop culture] music appeals to the flesh because teens like to hear it Music can be abused by artists or used as a medium to reach out for positive causes. During its development stages in the past decades, teenagers have learned to love music and learn from it. Music has become an important part of the daily lives of teenagers, however, America isnt the only place that has had breakthrough in music. Musical Artists in Europe strive for the goal of winning awards in Eurovision music awares while in other places people use music as a medium to tell attractive stories or as simple pastimes. In the International page, you can learn much more about popular music affects Teens.

Richard Nixon Essay Example Essay Example

Richard Nixon Essay Example Paper Richard Nixon Essay Introduction â€Å"My fellow Americans, I come before you tonight as a candidate for the Vice-presidency and as a man whose honesty and integrity has been questioned.†(Checkers Speech, 4) These words from the famous Nixon speech can be interpreted in different manner. There are a plenty of opinions and discussion about President Nixon and his honesty and not all of them are in Nixon’s favour. This research is planned to show that Nixon’s activities during his presidency have been efficient and useful for Americans of those times. His main value was the capability to dedicate himself in complete measure to his professional life. The problem is that political honesty differs from the honesty in its regular meaning. And the thesis statement of this research is to show that Nixon was a completely politically honest person (though so he was in his regular, non-official life) When Richard Nixon on August, 9, 1974 has signed the application for resignation for the first time in a hi story the president of the United States has ahead of schedule refused the post. In the first years of being in the White house Nixon tried to create a wide conservative coalition from Wallace’s supporters, democrats and devout republicans. During his ruling the process of a desegregation of schools has stopped, the president has imposed the veto and on laws in the field of social programs and preservations of the environment. The largest national achievement within Nixon’s board became one of results of the project to which the president had no the direct relation, – programs of research of the space, started at president Kennedi. In July 1969 American astronauts became the first earthmen who have stepped into a surface of the Moon. However Nixon has refused to develop this success and to carry out planned still at Kennedi and Johnson plans of reusable use of the spacecrafts, manned orbital stations, lunar bases and sending of the person to Mars. Instead of it the budget of space researches has been seriously reduced. Its lion’s share has gone on creation of reusable ships – shuttles. Richard Nixon Essay Body Paragraphs The basic problem became the inflation accompanied with economic recession. Application of monetarist methods has led to rise of interest rates and rendered depressive influence on the share market. The fast rise in prices proceeded, and in 1971 deficiency of the balance of payments has achieved the menacing sizes. In August Nixon has established the control of the prices and wages. He has carried out reform of tax system with the purpose of stimulation of business activity. The monitoring system has firstly lowered rates of a rise in prices and a wages, but then has been weakened in connection with renewal of economic growth in the autumn 1971. In the field of foreign policy Nixon promised to reach the  « worthy end  » of Vietnamese war and from June 1969 began a gradual conclusion of armies. However in the spring 1970 Americans have grasped Cambodia, and in 1971 have supported intrusion South Vietnam armies to Laos. Bombardments of Vietnam in addition have amplified. Intrusion into Cambodia has caused the wave of the manifestations of protest which have swept on 400 colleges and universities the USA. Nixon has taken steps to discharge of intensity in relations with China and the USSR. In 1971 under his initiative the USA have ceased to interfere with reception of China in the United Nations, and in February 1972 Nixon has visited with official visit Peking, having opened doors for expansion of trade and other contacts. Nixon has achieved from the USSR of some concessions in exchange for trading agreements and granting of credits, which this country desperately needed to pay off for deliveries of the American grain, technologies and the equipment for development of bowels of Siberia. In May 1972 Nixon has gone to Moscow for signing the agreement on restriction of strategic armaments, thus showing the culmination of the negotiations started in 1969. The arrangement on restriction of systems of antimissile defense also had been achieved . In 1972 the liberal wing of Democratic party has achieved promotion by the candidate in presidents of the senator of South Dakota George Makgoverna acted for an immediate and full conclusion of the American armies from Indochina, for gradual reduction of military charges on 30 billion dollars and large-scale internal reforms. Despite of arrest of some Nixon’s employees in June 1972 on accusation of breaking of headquarters of the Democratic party in Watergate complex of Washington, Nixon has easily won elections, having received 61% of voices of voters. However democrats have kept the majority in the Congress. In December 1972 peace talks across Vietnam have been interrupted and have renewed only after Nixon has given an order on massed bombardments North Vietnam cities. On January 27, 1973 in Paris the agreement which has put an end to the American military intervention in Vietnam has been signed. This agreement and the cancellation which has followed behind it have uplifted Nixon on top of po pularity. However less than in 20 months internal political problems and scandals have compelled him to leave in resignation. The most serious economic problem inflation continued to remain. In the beginning 1973 rate of inflation has sharply grown, mainly owing to large deliveries of a grain of the USSR in 1972 and the second devaluation of dollar in February 1973. Inflation was aggravated in 1973-1974 in connection with quadruple increase of the prices for import oil on which the USA began to depend all in the greater degree. Wholesale prices, during 1973 evolved on 14 %, in 1974 have increased for 19 %, and cost of a life has increased by 11 %. Nixon tried to suppress inflation due to the means allocated on social programs (national education, modernization of a city infrastructure, struggling against poverty). He also has imposed the veto on the new social legislation. Watergate scandal has undermined Nixon’s support in the Congress. In January 1973 in Washington under Jo hn Siriki’s presidency began the court above the Watergate burglars during which the true underlying reason of their actions and confidential communication with Nixon’s high-ranking advisers have been revealed. In May the senatorial commission on investigations led by San Ervin resulted in the broadcast on TV during which Nixon’s assistants have admitted, that within four years conducted campaign of espionage and sabotage against democrats and liberal critics of the administration, in part financed of illegal sources. Soon Nixon has been compelled to appoint special public prosecutor Archibalda of Coke for investigation of an affair. Almost all Nixon’s advisers had to leave in resignation, under suspicion there was also a president. When Coke has requested recorder records of conversations of Nixon concerning to scandal, the president has dismissed him. Legal committee of the House of Representatives under Peter Rodino’s presidency of began the dis cussions on impeachment of the president. In the meantime Nixon had troubles in connection with investigation of his financial activities, in particular evasion from payment of taxes. To a post of vice-president Nixon has appointed the leader of republicans from Michigan. Within one year Nixon counteracted attempts of the commissions of the Congress and the special public prosecutor to receive from him a film with records of conversations, referring on privileges of executive authority and immunity from a call in court for evidence. The president experienced the paranoid hatred to liberals and tried to be protected from them by all means, including adjoining with infringements of the law. Nixon’s relation to liberals was transferred his advisers and assistants. They could extinguish a beginning fire – approximately to punish burglars and to give to publicity everything, that has taken place in the Watergate complex.But the White house has gone in other way. To burglars have been offered money that they spoke a lie. Those who was going to speak the truth, blackmailed. When about it became known, the liberal press (first of all Washington Post) has begun to inflate a fire. Eventually in the Congress the committee on investigation of Watergate scandal been created. It was the beginning of the end. The legal committee of the House of Representatives has accused the president of excess by the Constitution of authority given to him and recommended impeachment. In order to prevent a shame, on August, 9, 1974 Nixon has submitted to resignation. Nixon considered liberals as participants of plot against him and was hardly far from true. Watrergate is, certainly, plot of liberals against Nixon though it at all does not mean that conspirators gathered and coordinated the affairs and acts. It is necessary to understand as plot in this case purposeful activity of the Congress, newspapers and TV, the public organizations, aimed on Nixon’s elimination fro m authority. Liberals did not forgive Nixon that easily escaped punishment all to his predecessors including the nearest – to Johnson and Kennedi. If the policy spent by Nixon would have been carried out not by Nixon but someone another, Washington would be shaken with applauses. Nixon has helped to finish the Vietnamese war untied Kennedi and Johnson, he has improved relations with Soviet Union and has established relations with communistic China, he has put forward in members of the Supreme court of ultraliberal lawyer Harry Blakmana. But the more liberal policy Nixon carried out, the more liberals hated him. They had been composed a legend that the headquarters of National committee of Democratic Party has been broken open to help Nixon to win elections. As we can see from the mentioned above, Nixon activities have been really favorable for the USA life. He was a really smart and clever politician who managed to direct the political way of his country in the correct curren t. We will write a custom essay sample on Richard Nixon Essay Example specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Richard Nixon Essay Example specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Richard Nixon Essay Example specifically for you FOR ONLY $16.38 $13.9/page Hire Writer