E-Commerce Its Development and Future Perspectives Essay

E-commerce has become very vital for many businesses to reach out to larger markets at cheaper costs unlike before. It relies on the cyberspace as its main backbone. A lot of people can now make instant payments for items bought online from the comfort of their living rooms or offices. It is also now possible for millions of people from across the world to work online and receive their payments courtesy of e-commerce. E-commerce was not so much known about in the last few years. However, growth in technology has revolutionized it in modern times. The advent of World Wide Web (WWW) from the early 1990s has been one of the major forces behind the advancements in e-commerce. Governments and private sector are investing in e-commerce as one†¦show more content†¦The contemporary society is marked with great sophistication in the field of e-commerce. One of the major sophistication in e-commerce is the growth and penetration of broadband across national boundaries that have great ly spurred the growth of e-commerce in both the developed and developing countries. Digital media is also becoming richer and very interactive hence improving online customer experience. Recent development of social media networks has added new paradigms to e-commerce, particularly in online marketing. Online shopping and selling is becoming interactive by day. Consumers themselves are becoming content creators in terms of online product reviews. Advances in the field of communication have also made it possible to make real time communication online. Many e-commerce websites now have online customer support features to cater for clients’ requests in real time. Growing popularity of e-commerce saw business to business transactions rising from US dollars 43 billion back in 1998 to about US dollars 1.3 trillion in 2003 in the U.S. alone. Major players in e-commerce in the contemporary world include; banks, government, supply chains, credit card companies, ISPs, products and ser vices suppliers, distributors, manufacturers, and consumers. Despite the developments and exponential growth of e-commerce, there are several issues that continue to pervade online businesses. Some of the current issues that face e-commerceShow MoreRelatedE-Commerce: Its Development and Future Perspectives754 Words   |  3 PagesE-COMMERCE: ITS DEVELOPMENT AND FUTURE PERSPECTIVES E-COMMERCE Manzoor and Amir defined E-commerce as the buying and selling of goods and services via electronic means such as the internet. The e-commerce is generally efficient due to its availability throughout where the buyers meet the sellers online. Some services rendered to customers via e-commerce service include: automated data collection systems, mobile commerce, supply chain managementRead MoreE-COMMERCE: ITS DEVELOPMENT AND FUTURE PERSPECTIVES INTRODUCTION E-commerce is a type of business600 Words   |  3 PagesE-COMMERCE: ITS DEVELOPMENT AND FUTURE PERSPECTIVES INTRODUCTION E-commerce is a type of business where individuals, firms and companies engage in business activities over an electronic network mainly internet. It is notable that e-commerce operates in business to consumer, business to business, consumer to business and business to business market segments . The emergence of e-commerce can be attributed to the advent of new technologies, mail order purchasing through a catalog is possible. CurrentlyRead MoreImpact Of E Commerce On Global Economy1352 Words   |  6 PagesIntroduction Impact of E-Commerce on Global Economy It is exciting area especially E-Commerce. The advancement in World Wide Web, computers and mobile wireless communication technologies are transforming the way business is conducted. The success stories of Amazon, eBay are few examples. New technologies have provided the required platform for innovation, growth, shopping convenience, and price advantage due to the boundary less competition. Business leaders across the industry are developingRead MoreThe Legal Framework For E Commerce1021 Words   |  5 Pagesis also focusing on the development of e-commerce. The government has strong and firm commitment to flourish the business and increase the production of items of different types. The industrial sector has strong and impressive political support, which can help to boost its economies and the right and just regulations can help to keep it on the right path of growth and success) Political factors which impact china are: - Legal issues – the legal framework for e-commerce is still in its early stageRead MoreThe Impact Of Electronic Procurement Systems For Australian Organizations Using The Propagated Framework Essay1596 Words   |  7 PagesE-PROCUREMENT SYSTEMS AND HOW TO MEASURE ITS SUCCESS Student name: Amjad Khaled Student number: 2013059024 Course: Introduction to modern research techniques and thesis writing Department: International school Supervisor: Dr.Hashmi Shabir Date of submission: 2016/12/13 ABSTRACT E-procurement systems contribute largely to business and government institutes by increasing the national productivity growth through removing of non-value added activities in the process of procurementRead MoreE Marketing : The Implementation Of Electronic Marketing Essay1350 Words   |  6 Pagesinternet as a way of marketing their products, paving way for e-marketing to grow rapidly. The implementation of electronic marketing has led to a tremendous growth in the shape and nature of the modern businesses worldwide. The rise in the usage of e-marketing devices such as cell phones and e-mail in electronic exchanges may not only create business opportunities but might also eradicate their major threats. It is clear that the internet, e-marketing and electronic media tools have an indispensableRead MoreThe Effects Of E Commerce On Global Trade1524 Words   |  7 PagesThe effects of E-commerce in Global Trade Introduction E-commerce is a term describing a new and innovative more efficient way of doing business completely by use of the internet, to conduct trade dealings both on a national and global scale. E-commerce offers a different mode of performing trade throughout the world without the need for tangible contact between the buyer and seller. The new transaction mode of purchasing and supplying goods has become explosive in terms of efficiency, competitivenessRead MoreSample Persuasive Message1317 Words   |  6 PagesWorkplace Electronic commerce has become a part of everyday lives. Many retail choices available through the Internet, which can save time, effort, and provide a greater selection. Electronic retailers (e tailers) realize this has become an increasingly competitive environment. These retailers must not only find new customers but also retain the existing customers. As with any retail-company, business research is vital for their existence. E-tailers must understand customer behaviorsRead MoreThe Three Major Factors Fueling International Technological Growth1271 Words   |  6 PagesFactors Fueling International Technological Growth According to Matthew and Kleiner (2008) the three major factors fueling international technological growth are the internet, telecommunications, and e-commerce. The internet has the capability to generate international market expansion and future international growth for firms. It has evolved into a mechanism that can be used to capture new international market opportunities. Due to transactional and communication capabilities, the internet hasRead MoreTourism Business Environment Of The Inbound Chinese Market1548 Words   |  7 PagesThe subject of this report is to analyse the tourism business environment of the inbound Chinese market and evaluate this country in the perspective of Visit Britain. On this report, it will be provided an introduction of the Pest (Political, Economic, Social and Technological) analysis, where it will be explained the nature of this study and it will be described what each sector means. A briefly overview of the country selected, China and how it is the situation of the country in terms of business

Corporate Accountability Corporate Responsibility Essay

Introduction In April 2015, Corporate Responsibility Magazine released their annual list of the most socially responsible companies in the United States. The top ten companies included Microsoft, Hasbro, Johnson Johnson, Xerox Corp, Bristol-Myers Squibb, Intel Corp, and the Campbell Soup Company (Corporate Responsibility Magazine, 2015). Corporate accountability was measured in seven categories: financial, employee relations, governance, human rights, environmental, climate change, and philanthropy (Adams, 2015). Microsoft topped the list because of transparency, accountability, and excellent employee relations while Hasbro came in second because of their environmental commitments to reduce landfill waste by 50% and gas emissions by 20% by the end of 2020 (Adams, 2015). Corporations rarely make the news due to social responsibility but often make the front page because of corruption, fraud, or general lack of concern for the public and the environment. Corporate Accountability International gene rates a list of the top corporate offenders of social responsibility that included Monsanto, SeaWorld, Walmart, and JP Morgan Chase (Troutman, 2015). Monsanto has been targeted due to their promotion, support and development of genetically modified corps and SeaWorld was recently exposed for their cruel treatment of orca whales at their parks (Troutman, 2015). Socially responsible values will differentiate companies from competitors that are primarily focused on profits and stockShow MoreRelatedCorporate Social Responsibility : Accountability Or Liability?1039 Words   |  5 PagesCorporate social responsibility: Accountability or Liability? We all have responsibilities. It begins with taking care of one’s favorite toys as a child and it grows to encompass more significant aspects of one’s life. The decisions we make, the steps we take and the words we speak are vital elements of our responsibilities. It is a matter of considering the interests of others besides your own. This is the core value of being responsible. The same concept is applicable to corporations and businessesRead MoreCorporate Social Responsibility : Accountability Or Liability?1834 Words   |  8 Pages Corporate social responsibility: Accountability or Liability? We all have responsibilities. It begins with taking care of one’s favorite toys as a child and it grows to encompass more significant aspects of one’s life. The decisions we make, the steps we take and the words we speak are vital elements of our responsibilities. It is a matter of considering the interests of others besides your own. This is the core value of being responsible. The same concept is applicable for corporations and businessesRead MoreManagement Accountability And Corporate Responsibility1334 Words   |  6 PagesOne of the failures of Enron that allowed the fraud to occur in early 2000s was management accountability or corporate responsibility. Rockness says the main cause of the corporate ethical conduct is the tone at the top, signing officers, cited by several professional sources such as American Institute of Certified Public Accountants (AICPA) and Committee of Sponsoring Organizations of the Treadway Commission (COSO). Prior to SOX, signing officer s were not held responsible to anyone as long as theRead MoreCorporate Governance and Corporate Social Responsibility Essay1695 Words   |  7 Pages1 CORPORATE GOVERNANCE 1.1 STRUCTURE, ROLES, OBJECTIVES Shareholders in this company are crucial as they are the success and core of this company. Keeping the shareholders of this company happy will result in tremendous outcomes. Shareholders will elect the Board of Directors which in turn, Board of Directors will hire the Chief Executive Officer. The CEO has the authority and responsibility of hiring and managing the Executives such as the VP, the Chief Financial Officer and other crucial positionsRead MoreManagerial Perceptions On Occupational Health And Safety1742 Words   |  7 Pagesknow about the structure / policy of any organisation for its biggest intangible asset? An attempt to provide the information on the said topic is Occupational Health and Safety (OHS) Reporting. To make it understand in a second way, today in this corporate era, investments are made into entities via various global investors. The owners are different than the management team. Management team lays down various policies for e.g. Investment Policy/ HR Policy and so on and based on the set of policies laidRead MoreCase Study : Managing Ethical Organization1377 Words   |  6 Pagesto Leadership in Employment Practices †¢ Why did Nike fail to address corporate social responsibility early on? The Nike brand was created in 1972, and renamed to Nike in 1978, and has since grown to be the largest worldwide seller of athletic goods, with approximately 168 Nike stores in the United States and a presence in about 160 countries. (Ferrell, O.., 2003) During the time Nike brand was created corporate responsibility was not considered a major deal yet and there were several actions takenRead MoreThe Case With The Ethical Behavior1239 Words   |  5 Pagesmajority, but a truth is ultimate means and end, thus should be spelt out. All those who speak the truth, finally get respect. If you go by this theory, you should go and tell Samantha all that you have seen, as it is your job as well as moral responsibility towards her. Virtue Ethics: Virtue ethic suggests finding a midway out of the available extreme solutions. As taught to us during our course, I understand that in the given case a virtuous action might be to tell Berth to stop her actionsRead MoreCorporate and Social Responsibility997 Words   |  4 PagesOF ARTICLES D. Birch (2002). Social, Economic and Environmental Capital. Corporate Citizenship in a New Economy. Deakin University, Melbourne J.M. Darley (2005). How Organizations Socialize Individuals into Evildoing In recent years, Corporate and Social Responsibility has become an ever increasing concern and source of community debate. It is now socially accepted that corporations have some ongoing responsibility, though sometimes ignored, to set a good example, make decisions based onRead MoreCorporate Social Responsibility As Corporate Citizenship1417 Words   |  6 Pagesemployees and markets. Therefore, corporate social responsibility is a commitment to improve public welfare through flexible business practices, along with contributions of corporate resources. Corporate social responsibility is all about ethical values and acquiescence with legal requirements, which go hand in hand with respect for the community, the environment and the people. To the extent that a business is concerned, social corporate responsibility is corporate citizenship. In this context, aRead MoreTyco Organization1214 Words   |  5 PagesTyco Corporation Management 330 March 20, 2009 Introduction During the course of this paper one will see addressed several issues of responsibilities that the Tyco Corporation must deal with. Some of these issues are ones that they have had to deal with quite recently. The responsibilities that one will see discussed are the legal, social and ethical issues that arise in a company that is nationally known. Legal Tyco provides products and services across the world.

Mahatma gandhi man of peace Essay Example For Students

Mahatma gandhi: man of peace Essay Mohandas Gandhi, Whom most people know as Mahatma, meaning Great Soul, is one of the most prevalent images in the minds of those who think about great leaders, in the movement for human rights and non-violence. However, not much is known about his life as a child and his achievements in the early twentieth century. All the staging grounds in Gandhis stance towards non violence, human rights, and peace took place in the years leading up to the twentieth century and the first decade after. Gandhi was born in Porbandar, India on October 2, 1869. His family, which consisted of two brothers and one sister lived a rather good life. Gandhis father, Karamanchand Gandhi, was a government official for the state of Porbandar. His mother could neither read nor write, but was very religious and was known to go on extended fasts. Gandhis mother affected her young son at a very young age. In the state that Gandhi lived there were over two dozen religions. Gandhi learned to accept all of the different religions at a very young age. Gandhis child hood was not very different from that of a normal child, the only exemption is that Gandhi always felt a sense of responsibility and duty. When Gandhi was seven years old his father got a new job as prime minister of Rajkot. Gandhi continued his education and his life as if nothing had ever changed, until he was married at the age of thirteen in 1882. Kastura Makinji was Gandhis first wife. They were both the same age, and just like Gandhis mother Kastura could not read or write. She was the daughter of a merchant and like Gandhi lived a rather comfortable life. The two lived apart more than they did together, spending more time with parents rather than with each other. Later in his life Gandhi joked that he was a stupidly jealous husband, he said I must say I was passionately fond of her. Even at school I used to think of her, and the thought of night fall and our subsequent meeting was ever haunting me. I have already said that Kasturba was illiterate. I was very anxious to teach her, but lustful love left me no time (Gold 24).; Squire 2 Aside from the problems of marriage, Gandhi faced another huge turning point in his life when his father died. Gandhi respected his father Karamchand Gandhi deeply. Although Karamchand was hot tempered at times, he had a reputation of having high integrity. During his dieing days, Gandhi would sit by Karmchands bed for hours nursing after him and massaging his body. During the final hours of Karchands life, Gandhi left his side to be with his wife. This turned out to be a major regret in Gandhis life. His father died a few minutes after Mahatma left him. His wife was pregnant at that time and was sleeping in another bed room. Gandhi said, I saw that, if animal passion had not blinded me, I should have been spared the torture of separation from my father during his last moments. It is a blot I have never been able to efface or forget, and I always thought that, although, my devotion to my parents knew no bounds I would have given up anything for it, yet it was weighed and found unpardonable wanting because my mind was at the same time in the grip of lust (Dalton 147).; In 1892 Gandhi traveled to South Africa. It turned out to be a major staging point for his unwavering stance towards non violence and equal rights. Gandhi faced many hardships and obstacles in Africa. When he arrived in Natal he met with his employer and a week later was sent, by train, to Pretoria, Transvaal. .uad2b53797d3b770c92427b0554cb1a86 , .uad2b53797d3b770c92427b0554cb1a86 .postImageUrl , .uad2b53797d3b770c92427b0554cb1a86 .centered-text-area { min-height: 80px; position: relative; } .uad2b53797d3b770c92427b0554cb1a86 , .uad2b53797d3b770c92427b0554cb1a86:hover , .uad2b53797d3b770c92427b0554cb1a86:visited , .uad2b53797d3b770c92427b0554cb1a86:active { border:0!important; } .uad2b53797d3b770c92427b0554cb1a86 .clearfix:after { content: ""; display: table; clear: both; } .uad2b53797d3b770c92427b0554cb1a86 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uad2b53797d3b770c92427b0554cb1a86:active , .uad2b53797d3b770c92427b0554cb1a86:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uad2b53797d3b770c92427b0554cb1a86 .centered-text-area { width: 100%; position: relative ; } .uad2b53797d3b770c92427b0554cb1a86 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uad2b53797d3b770c92427b0554cb1a86 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uad2b53797d3b770c92427b0554cb1a86 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uad2b53797d3b770c92427b0554cb1a86:hover .ctaButton { background-color: #34495E!important; } .uad2b53797d3b770c92427b0554cb1a86 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uad2b53797d3b770c92427b0554cb1a86 .uad2b53797d3b770c92427b0554cb1a86-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uad2b53797d3b770c92427b0554cb1a86:after { content: ""; display: block; clear: both; } READ: Time Traveling Essay This is were his strife began. Gandhi employer had purchased a first class ticket for his travel, but when a European passenger saw the little brown skinned Indian sitting in first class he called a railroad employee to throw the coolie; out of first class. Even though Gandhi had a valid ticket, Indians were simply not allowed in first class. Gandhi refused to leave first class and move to the third class compartment. He was thrown off the train and spent the night at the station freezing because he was too upset to get his luggage from the stationmaster. Gandhis refusal to leave the first class compartment because of his ethnicity is .

Volcano and Eruption free essay sample

Volcano Essay A volcano is an opening, or rupture, in a planets surface or crust, which allows hot magma, volcanic ash and gases to escape from below the surface. It is a raised area of land, which usually forms a mountain or hill. Volcanoes are generally found along tectonic plates- diverging or converging. There are four main types of volcanoes, dome, shield, composite cone and cinder cone, which are based on their shape. There are three levels of activity, active, dormant and extinct. Mt.Tambora, located on Sumbawa Island off Indonesia, erupted on April 10th in 1815 and is still known as the deadliest eruption today. It killed around 91,00 people. Mt. Tambora is a composite cone volcano and is still active today. The 1815 eruption consisted of mostly volcanic ash, which was so large it went up into the stratosphere and spread throughout the earth. Within seconds, ash, lava and molten rock (pyroclastic flow) started to speedily come down the volcano. We will write a custom essay sample on Volcano and Eruption or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The temperature of that was about 1,250 °C. The pyroclastic flow totally destroyed a small Indonesian town, just a few kilometers from Mt.Tambora. The entire population of the town was instantly killed. Before Mt. Tambora erupted, it is estimated to have been about 4,000m tall. The ? eruption reduced it to 2851m, and left behind a caldera with a 7km diameter. There were no really early signs of eruption but there were some a few days before. They did not have technology back then to monitor the volcano so people weren’t prepared and therefore thousands died. Though the eruption was short the long-term effects were huge. The main impacts from the Mt. Tambora eruption were environmental. The ash from the volcano was so large and spread so far it prevented a large portion of the Sun’s energy to penetrate through to earth. Therefore, the following year of 1816 was incredibly cold and known as â€Å"The year without a summer†. With barely any sun there were major repercussions. It caused the largest famine of the 19th century and major loss of livestock. Vegetation couldn’t grow and hypothermia was common, due to all these conditions around 71,00 people died during 1816. It even snowed in Quebec during summer!Indonesia is a LEDC country and it took years and years for Sumbawa Island to get going again. It is believed it cost around $56 million in recovery, which is a lot for a poor country. Once all the ash settled into the ground from the atmosphere the soil was fertile and was eventually good for growing crops. It is assumed that people were not happy with the abnormally cold weather but had to adapt and move on. It would have been difficult time for them. Mt. Tambora was certainly a very significant event in environmental history and is an interesting eruption.

Addicted 2 Football

Introduction to the Addicted 2 Football (A2F) Business Plan A2F (Addicted 2 Football) is small business that provides a photography and filming service. My focus will be on helping young talented football players to get a spotted or even a contract by a professional club.Advertising We will write a custom essay sample on Addicted 2 Football specifically for you for only $16.05 $11/page Learn More I will also be taking individual photo shots and team shots that will be offered to the family and friends of the players, high quality, average price and an outstanding service. A2F will start as a sole trader business. With Abiodun Amode the owner, he will also be taking all the photo shots on the match days and training nights. Apart from this, he will also buy all the companies equipment. All business ventures require adequate analysis and development of business plans (Barrow 2011, p. 11) Capital and Funding Sources The business will need a starting up capi tal of  £10,000. Mr Amode, will fund from the help of family members and friends. In addition, other funds will originate from Mr Amode’s secured bonds with the government. Other than this, the savings from his part time job in Marks and Spencer will also be a critical source of the capital. Other sources of funds will also be exploited to increase the capital (Hatten 2012, p. 33) Proposed Physical Location, Operation and Naming The Business will be run from canary wharf in London. I will rent the business office within this location. The company name of the business will called Addicted to football. It will operate in the office of O O consultant ltd. The operations site will not have retail store. This is mainly because the service shall not be required. Observably, a store orders for framed photos will be taken over the phone and via email.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Le arn More Necessary Strategies and Market Orientation For me to start A2F I will need to talk to many personalities and groups. These shall include the local football teams and the current youth system in North London and East London. I have the best rate of young talented football players that make it to professional teams. In this regard, I will focus on advertising in Secondary Schools, colleges and social networks. The main objective of these strategies is to capture the attention of most teenagers who spend a lot of their time on social networks. Ideally, the present technological applications enable the youthful generation to spend their free time in the internet (Johnson, Scholes Whittington 2008, p. 55). The next strategy will be to start up a website and a YouTube channel. These two approaches will help in the marketing and advertising initiatives. In order to develop or realize more impact, a lot of novelty and innovation will be appropriate. For instance, I will put the edited filming work I have done on the YouTube channel and the photos on the website. Principally, the advertising of the filming will show the quality of the work I will be producing. Indicatively, this shall enable the site to show football at its finest. My aim is to make young footballers look as good as the professionals. Another strategy will be based on the equipment to be used. The equipment to be purchased will show the quality of the professionals. This service will not only be for young footballers. However, it will also be for semi-professional and adults. Nonetheless, I also want to work with the disable community as well. It is important to be inclusive because this is the nation’s favourite sport (Walsh 2011, p. 44).Advertising We will write a custom essay sample on Addicted 2 Football specifically for you for only $16.05 $11/page Learn More A2F Mission Statement The mission statement must be transformative, unique and innovative. Generally the mission statement for the A2F is, â€Å"BRINGING AND SHARING UNDISCOVERED TALENT TO THE WORLD OF FOOTBALL† Analysis of the Potential Competitors There are a couple of competitors. Some of these include the â€Å"football-talents.co.uk and fmscout.com†. Notably, these two companies do not really offer the service. Moreover, they have a very poor level of quality. These competitors also provide a variety of services. Some of the major services include acting as foot-balling agencies. Contrarily, my own company will provide a network for everyone to have access of the young upcoming stars. Pie Chart Showing the Market Share and Make Up Some Competitors There are several other potential competitors within the UK market. Evidently, UK is one of the countries with the highest number of football clubs. It is apparent that a significant number of established clubs have started this venture (Stokes, Wilson Mador 2010, p. 94). Importantly, they are also within th e formative stages just like in my case. This means that a proper strategy will provide me with a positive advantage towards an effective competition. Actually, this constitutes my fundamental objective for establishing the company. It is vital to analyze the present market share. Ideally, this initiative is a critical factor in strategy formulation. The pie chart below indicates the market share within the UK. Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More According to this pie chart, football-talents.co.uk covers 24% of the market share; fimscout.com has 20%, while other football clubs share 12%. This indicates that about 40% of the market is yet to be exploited. The Main Objective of the Business My main objective of this project is to create a network for young footballers to expose and share their talent across the world. I also intend to create a network that stores all past memories of the players for future references, e.g. to show family/friends. My focus is to work on youth players under the age of 18. Suitability and Business Opportunities The opportunity for a foot-balling Network service will be very effective in the England. Ideally, the associated benefits will be explicitly rewarding. This is because the English FA have been criticized on the lack of youth British talent players making it to the top level of football in the UK. This is unlike most countries like Spain that have 80% of the players in the â€Å"LA LIGA L EAGUE† as native players. Perhaps, this may be one of the reasons for Spain being the best football nation today. This network will create away for the FA to invest and to see undiscovered UK talent. Additionally, it will help bring the right player through the youth rankings instead of professional teams investing in international young talented players. The operations of the company will allow me to charge a cheap price for the video editing, team and individual photos. I will not have the same operating expenses that other companies have. This is true since I will not be working from a store. Analytically, this means that I will not have a building to rent. Furthermore, there will be no leasing and no maintenance cost. The general implication of this is that there will be more capital available for the right photo equipments and accessories. Indeed, these basic approaches might initiate business success within the sector (Pinson Jinnett 2006, p. 123). Assumptions on A2F on Success as a Business Assumptions are fundamental in all business ventures (Kuratko 2009, p. 55).Right now in the UK, football is on a rise. Millions of pounds are invested in the different football teams. It is evident that UK has a great number of footballers. However, a lot of talent goes undiscovered and unnoticed in the foot-balling world. A2F is a network that will give people a chance to express the talent and view the talent the UK can produce. Every football player wants to be noticed and feel important. Therefore, A2F tries to notice every player on the pitch. It also seeks to major on the key moments that only last in the memories. Thirdly, kids like to see themselves play football. However, family members cannot make it in every game. Thus, this will be an easy way to watch what was missed. The market for A2F will be very busy during the months of August all the way to May. This is when the football season takes place for most age groups. The youth football population i s very popular. Match days are normally on a Saturday afternoon and Sunday morning. This is the reason why it is going to be very important to invest in a motor vehicle. Some matches may take place in north London on a Saturday and I will have to travel to east London on a Sunday with all the equipment. The areas I plan to cater for include Highbury, Wood green, Tottenham, Finchley, and Brent cross. Observably, all of these are all under north London. Areas such as Canning town, Stratford, Barking, Hackney and Rumford will all be under the east London side. I believe the population of football wills enough for A2F to capture some quality. Because of the huge difference, the profit scale would be large because customers will be at the matches in all these different areas. Since no one else will be taking pictures and filming at my high level of quality, this will give a full competitive advantage over any competitors. Generally,  £10000 will be the starting capital and  £2000 wil l be used to purchase a company vehicle. The vehicle will be used for transport to match games and training sessions. Imperatively,  £4000 will be allocated for investments in the camera equipment while the computer cost will be  £1500. Ideally, these assumptions provide a platform for the foundation of the main strategy (Longenecker 2009, p. 101) The Three–Year Cash Flow Forecast With Profit The intended business is expected to make significant profits. These profits will be consistent within the first period of three years. However, there is need for adequate precaution because this is just but a forecast and projection (Stokes, Wilson Mador 2010, p. 124). More pragmatic and transformative measures shall be undertaken to ensure that the business achieves these projected profits. This shall be coupled with effective business and performance monitoring based on the invested cash as the references point. The cash flow indicating this level of success is as shown below. Year 1 (2013 Year 2(2014) Year 3 (2015) Cash at the beginning of the year  £10000  £15000  £20000 Revenue and Sales  £11000  £14000  £18000 Total Cash In  £21000  £29000  £38000 Inventory  £4,500  £4,500  £4,500 Vehicle, computer, camera and other equipment  £7500 0 0 Rent 0 0 0 Wages 0 0 0 Utilities  £500  £700  £600 Phone  £ 200  £ 100  £ 80 Ads  £ 2000  £ 2500  £ 3000 Miscellaneous  £ 2000  £ 1500  £100 Total Cash Out  £ 16700  £ 9300  £ 8280 Cash at End of Year  £ 4300  £ 19700  £ 29720 The 3-6 Months Cash Flow Forecast With a Loss The company is likely to experience significant losses. These losses might be incurred during the first three to six months of the operation. Therefore, it is appropriate to design a projection of cash flow (Dees, Economy Emerson 2001, p. 54). It helps to indicate the significant lose in the specified periods. The table below illustrates this cash flow. J anuary February March April May June Cash at the beginning of the Month  £10000  £8000  £5000  £5000  £5000  £5000 Revenue and Sales  £1000  £500  £1000  £3500  £2000  £2500 Total Cash In  £11000  £ 8500  £ 6000  £8500  £7000  £7500 Inventory 0 0  £1500  £500  £700  £1800 Vehicle, computer, camera and other equipment  £7500 0 0 0 0 0 Rent 0 0 0 0 0 0 Wages 0 0 0 0 0 0 Utilities  £500  £900  £1500  £500  £1500  £600 Phone  £ 200  £ 500  £1500  £100  £1500  £ 80 Ads  £ 2500  £ 5500  £3000  £3000  £3500  £ 4000 Miscellaneous  £ 500  £ 2500  £1100  £1600  £1500  £1400 Total Cash Out  £ 11200  £ 9400  £8600  £8700  £8700  £ 7880 Cash at End of Month  £ -200  £ 900  £-2600  £-200  £-1700  £ -380 The Breakthrough Graph As indicated, the business will make considerable profits. These will be realized during all the financial years. The months in which there will be high profit peaks include between August and May. The breakthrough graph for the company is illustrated below: Balance Sheet with a Retained Profit A2FCOMPANY BALANCE SHEET INDICATING THE INCOME AND RETAINED EARNINGS FOR THE PERIOD ENDED DECEMBER 30, 2013 2013 Revenue  £10000 Cost of sales Opening inventory  £7500 Purchases  £5000 Closing inventory  £2500 Gross profit  £5000 Operating expenses  £500 Income from operations  £1500 Net income before tax  £7000 Income tax expense  £600 Net income  £6300 (Deficit) start of year  £1750 Retained earnings – End of Year  £5750 Profit and Loss Swell The company is set to experience a very high profit swell. However, the loss swell is forecasted at minimal level. This is evident from the above financial statement. Generally, it is observable that the elevated profit swell is likely to extend to other financial years. This means that the business venture is very feasible (Birley Muzyka 2000, p. 78). SWOT and PEST Analysis Presence of adequate capital is one of the major strengths for the company. Others include application of technology, effective advertising methodologies and innovative approaches (Chell 2004, p. 56). Evidently, the application of internet as a means of capturing a specific target groups is critical. It offers the company a unique springboard for effective performance and brand promotion. Especially, this is likely to transpire amongst the youths and teenagers who are the highest consumers of social networking systems (Stokes Wilson 2010, p. 56). The observable weaknesses include lack of other human resources and high dependency on the major football seasons. Notably, not only a single person may be able to complete the stipulated tasks in the sufficient manner. Moreover, an overworked individual might develop withdrawal syndrome and negative attitudes towards the various work processes. Indicatively, lack of proper motivation leads to negligence and low innovation. However, people working within groups tend to develop more interest for their duties. They are also more motivated to enhance constructive competition (Korhonen Ainamo 2003, p. 112). The business has a large virgin market to venture. This is a significant opportunity. The company might also be threatened by stiff competition from other likeminded organizations within the market. The political conditions within UK are favourable. The government is stable and there is a great political will for small business and sporting events. The enormous love for football within UK provides a distinct and advantageous environment for increased growth and development of businesses (Hisrich 2010, p. 66). There is adequate security and legal support for upcoming and small-scale enterprises within the larger UK. Support is available and this varies in terms of financial and material. Particularly, the youth are allowed to access a variety of funding options. These also include suffic ient trainings on enterprise development and other issues concerning financial management. Lastly, advanced technological applications available within the market provide an impetus for improvement of service and advertisement (Allen 2012, p. 89). The company may use an array of technological applications to reach its target clientele. Internet use is one of the fundamental strategies that the company will adopt. Maximum output will be expected from this venture. Therefore, crucial measures must be undertaken to ensure the sustainability of the business. List of References Allen, R 2012, Launching new ventures: an entrepreneurial approach, South-Western, Cengage Learning, Mason, OH. Barrow, C 2011, Starting a business for dummies, Wiley, Chichester. Birley, S Muzyka, F 2000, Mastering entrepreneurship, Financial Times Prentice Hall, Harlow. Chell, E 2004, Entrepreneurship: globalization, innovation and development, Thomson Learning, London. Dees, G, Economy, P Emerson, J 2001, Ent erprising Nonprofits: A Toolkit for Social Entrepreneurs, John Wiley and Sons Ltd, New York. Hatten, S 2012, Small business management: entrepreneurship and beyond, South-Western Cengage Learning, Mason, OH. Hisrich, D 2010, International entrepreneurship: starting, developing, and managing a global venture, SAGE, Los Angeles. Johnson, G, Scholes, K Whittington, R 2008, Exploring corporate strategy, Financial Times Prentice Hall, Harlow. Korhonen, O Ainamo, A 2003, Handbook of product and service development in communication and information technology, Kluwer Academic Publishers Group, Dordrecht. Kuratko, F 2009, Entrepreneurship: theory, process, practice, South-Western Cengage Learning, Mason, Ohio. Longenecker, G. 2009, Small business management: launching and growing new ventures, Nelson Education, Toronto. Pinson, L Jinnett, J 2006, Steps to small business start-up everything you need to know to turn your idea into a successful business, Kaplan, Chicago. Stokes, D, Wilson, N Mador, M 2010, Entrepreneurship, South-Western/Cengage Learning EMEA, Hampshire, UK. Stokes, D. Wilson, N 2010, Small business management and entrepreneurship, Cengage Learning, Andover. Walsh, R 2011, The start your own business bible: establish your new career– for as little as $500, Adams Business, Avon, Mass. This essay on Addicted 2 Football was written and submitted by user Porter G. 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.

From Communism to Democracy essays

From Communism to Democracy essays Gradualism is naturally the most feasible approach to any situation. Since the fall of the iron curtain, these two Communist power houses have chose to move towards democracy. China has chosen to take the natural, more gradual approach to democracy where as Russia has chosen the fast-paced, more dangerous approach. These two nations have chosen to change their economies from a collectivized command one to a market oriented one in order to increase the ezdard of living in their countries. As we have seen in recent years, China is booming and becoming more and more successful, while Russia seems like it is regressing back to parochial ways. It is impossible to compare anything but Russia and China's approaches to change, and the results that incurred. The two nations have vastly different economies and to compare one economy to another would be illogical. China and Russia's approach to change are vastly different, almost like night and day. China's political and economic policy has always been to do things gradually. Whereas Russia believed in going through the necessary changes quickly, so that the hardship would in turn pass just as quickly. In the implementation of their policies, we have seen that China's approach has led to a 29% of growth in their industrial field. But in comparison, Russia only yielded 15% with their approach. But one must keep in mind that China has more industrial sectors than does Russia, so their job in improving industry is notably easier than Russia's feat in developing an Politically, the two nations have the same policies that they held in their economies. China believes in gradually letting the people have more access to political freedom. And again, Russia's policy has been to flood them all at once with these new found freedoms. Unfortunately Russia's policy hasn't been the most ...

Which Philosopher Benefits the Working Class Essay

Which Philosopher Benefits the Working Class - Essay Example For example, Karl Marx is well known as the Father of Communism and his theories are being followed by some modern governments. It is interesting to study the views and theories of these historical thinkers and see how they serve to explain modern day structures and events. Some philosophers can concretely be proved more accurate than others while some theories are still matters of debate. At the base, what truly matters is the individual and where they see themselves. One may take upon oneself a theory as their self-description while another may very well deny the same theory and choose an alternative or opposing view. Herein shall be examined the position of various philosophers: Lenin, Marx, Smith, and Ortega y Gasset, as they relate to the life of one who is deemed â€Å"working class.† Vladimir Lenin was one of the great Russian political figures and a great thinker of the twentieth century (Historical Figures n.p.). He is the one responsible for the political structure o f the USSR. In Russia, he took up a fight on behalf of the working class. It was his position that the working class needed to be rescued from the capitalist oppressors that placed heavy burdens upon them. According to Lenin, a communist lifestyle greatly benefits the working class. They have the right to be free from those who would exploit them for the sake of financial gain. In his eyes, the capitalists regarded the working class as no more than a commodity and they used them to benefit their own pockets without regard for the suffering that the working class had to endure. However, Lenin acknowledged the fact that the tendency of the working class is not to take upon themselves a socialist society and that they, if the opportunity was presented, would simply switch from being the proletariat to being the bourgeois. As it has been reported, â€Å"†¦Lenin therefore concluded that if the proletariat was ever to realize its class interest the socialist idea would have to be br ought to it â€Å"from without† by those who understood Marx’s science†¦Ã¢â‚¬ (Mayer159). It would seem that Lenin missed the mark in regard to the needs of the working class. The first and most obvious proof is the failure of his design, namely the USSR. Secondly, he neglected to fully recognize the cravings of the working class to be free from oppression. He did not see that his introduction of a socialist society is yet again just another form of oppression. For if the working class desires to advance in status, there ought be nothing to stop them but their own lack of determination. Yet, living in a socialist society, those who desire such freedoms would have to flee the country or abandon hope. Lenin is not accurate in the position of the working class from the view of a working class citizen. However, Lenin was not alone in his belief that socialism and communism are what will benefit the working class the most. His thoughts were greatly founded upon the vi ews of another well-known philosopher, Karl Marx. Marx, often considered the Father of Communism, also felt that capitalism was a social ill because it degraded the working class to a commodity for the rich whom they would serve. Marx blames private ownership and the ability to get wealth for many of the problems of society. Therefore, he prescribed a system where there would be no private ownership. Still, his views are not accurate to the working class who, without the ability to own privately, ends up working endlessly for naught. At least those who are working class and living in a capitalist society have the ability to hope for greatness and wealth. It is this hope that excites and brightens the eyes. They work all the harder, not only in their positions, but to improve