Business Planning And Decision Making - 879 Words

People are constantly making plans or making decisions. In morden business world, a plan has to be made if a new project been assigned, or there is going to have a major change in the direction of where the business will be reroute. A good plan will parepare us better for uncertainty, which can help to ensure the success in the future. Meanwhile, business decisions are constantly being made by managers at each management level. A good decision determines the fail or success of a business operation. No doubt that business planning and decision making are mututal important in a business operation, many factors can contrubute to quality planning and decision making. Among all the factors, personal factors and environment factors are the two major topic in today’s business world. The purpose of this article is to take a deep look at what are the major personal and environmental facors in today’s business world that will positively influence the business planning and decisio n making. To answer above questions, we should first take a deep look at what are the steps involved in basic business planning process. Business planning are understand widely as the the quantative works that the founders of a entrepreneur carried out to collect business information and research for new opportunities. The basic activities are gathering and analyzing information, evaluating objetives, identifying risks and strategy, preparing or enlarging funding, and compiling paper plan (Cox, 2014).Show MoreRelatedManagerial Accounting1152 Words   |  5 PagesAccounting Accounting is a crucial part in running a business. There are various forms of accounting that can be used, it is very important to know which technique is best to use for what companies. Once you figure out a particular technique to use, it is important to keep an open mind if there are any changes that need to take place in the business. By keeping an open mind helps the business adjust and be able to make the right decisions. Every business wants to make a profit; accounting is an importantRead MoreEssay on The Strategic Planning Process1078 Words   |  5 Pagesplan altered steps involved in the planning process, but in this case I will discuss on seven steps that are involved in the entire process. The first step is goal setting. This basically involves coming up with the main objectives and goals that the company wishes to establish within a particular period of time. It is a very important section because the company will operate with a view of the goal in mind, if it is not clearly established, and then the business could lose direction along the wayRead MoreManagement And Future Direction Of A Business1072 Words   |  5 PagesChapter Overview Chapter 3 talks about how decision-making skills are put to work in making strategic choices for the management and future direction of a business. Goals that companies make are targets or results that managers hope to achieve. Managers must plan out what needs to get done, when it will get done, who will do it and how it will be done. When it comes to plans, there are two basic components: goals and action. â€Å"Formal plans are written documents that capture key strategic objectivesRead MoreQuestionnaire And Questionnaire On Customer Requirements Essay1527 Words   |  7 Pagesenvironment (e.g., well-lit environment both inside and outside the store including the parking lot) (CR4). †¢ Offer promotion/discount (CR5). †¢ Multiple payment options (e.g., cash, check, credit card) (CR6). †¢ E-commerce and online presence (e.g., publish business information and offer product/service through a website or social media site) (CR7). †¢ Pricing (e.g., reasonable price for product/ service) (CR8). 4.2. Comparing the importance and satisfaction levels of attributes All CRs are rated differentlyRead MoreFinancing And The Development And Implementation Of Strategies1190 Words   |  5 PagesStrategies SUMMARY The role of finance within the strategic planning process has become more relevant than ever. With the introduction of the balanced scorecard the financial performance of a firm has been emphasized has a key indicator of success and links strategic goals to performance and provide timely, useful information in order to facilitate strategic decisions. The article, The Role of Finance in the Strategic-Planning and Decision-Making Process, by Pedro M. Kono and Barry Barnes discusses howRead MoreStrategic Planning And It Management1424 Words   |  6 PagesStrategic planning is the process of determining a companys long-term goals and then identifying the best approach for achieving those goals (Wikipedia). This process aligns strategic planning with overall organization planning by assessing organizational objectives and strategies, setting the organizational mission and mandate, assessing the external environment and setting policies, objectives and strategies (Wikipedia). A study co mpleted in 1999 revealed that less than 40% of US businesses includedRead MoreFinance Theory and Financial Strategy1195 Words   |  5 Pagesstrategy Strategic Planning means several things. But it certainly is a part of the decision-making in resource management of the business benefits. Finance theory has significant advantages in understanding the function of capital markets, the valuation of real assets and financial assets. Discounted cash flow analysis(DCF) is a tool that derived from finance theory which has been widely used. However finance theory also has little effect on strategic planning and there are three differencesRead MoreStrategic Issues in Entreprenuerial Ventures1565 Words   |  7 PagesISSUES IN ENTREPRENEURIAL VENTURES AND SMALL BUSINESSES The Importance of Small-Business and Entrepreneurial Ventures A. Definition of Small-Business Firms and Entrepreneurial Ventures The most commonly accepted definition of a small business firm is one that employs fewer than 500 people and that generates sales of less than $20 million annually. According to the U.S. Small Business Administration, â€Å"A small business is one which is independently owned and operated, and which is not dominant inRead MoreStrategic Planning at BP1198 Words   |  5 Pagesï » ¿The planning function is where management seeks to design corporate actions that will help the organization meet its strategic objectives. The strategic planning process is usually step-based, in order to ensure that the organization takes a proactive approach to planning, rather than a reactive approach. The strategic planning process begins with setting the corporate mission and objectives as the first step. Most corporations will have a broad vision for the company and a mission that are expressedRead MoreAn Explanation Of The Strategic Management Process1655 Words   |  7 Pages 1. An explanation of the strategic management process Defining the current business, establishing strategic objectives, formulating strategy, strategy implementation and execution. Definition of Strategic Management Strategic management is the process where leaders establish an organization’s long-term direction, set the speciï ¬ c performance objectives, develop strategies to achieve these objectives in the light of all external and internal changes, and undertake effective strategies

Journal on “A Good Man Is Hard to Find” Free Essays

Basically the main point of the story, A Good Man Is Hard to Find, is that the modern society has drastically degenerate over the past years and that the only way for it to change is for people to repent and renew their faith in God. In addition, the author, Mary Flannery O’Connor, claims in her story that the most of the youth today no longer has moral values unlike the previous generations. In other words, the story is also a comparison between past and present societies and generations. We will write a custom essay sample on Journal on â€Å"A Good Man Is Hard to Find† or any similar topic only for you Order Now To illustrate her points and show her comparisons, the author used the characters as symbols of the past and present societies. The grandmother represents the past generation in which people were more disciplined and showed more respect as compared to the present generation. This difference between the two generations was shown at the beginning of the story wherein the grandmother failed to persuade her son’s family to go to Tennessee instead of Florida. The mere fact that her son’s family chose an alternate path on their way to Florida, which resulted in their murder at the hands of a young man and his gang, shows that the generation today tends to stray from the path that they should be taking. Basically, the point of the author is had the family remained on the main road or had they went to Tennessee instead of Florida, they would not have been killed. On the other hand, the murderer, a relatively young man called â€Å"the Misfit† in the story, according to the author, symbolized the present status of the youth today— misguided and violent. Before the Misfit killed the grandmother, she tried to convince him that he was a good man. In the end, however, the Misfit refused to listen to her and shot her three times in the chest. The author was very effective in conveying his message that the values of the generation today, particularly, the youth, have significantly deteriorated. In addition, she also convincingly showed how the present society lacks faith as depicted in the Misfit’s refusal to believe in Jesus in his conversation with the grandmother. How to cite Journal on â€Å"A Good Man Is Hard to Find†, Papers

Robinson Crusoe By Daniel Defoe (c. 1659-1731) Essays - Fiction

Robinson Crusoe by Daniel Defoe (c. 1659-1731) Robinson Crusoe by Daniel Defoe (c. 1659-1731) Type of Work: Adventure novel Setting England, various ships at sea, and a small island near Trinidad; seventeenth century Principal Characters Robinson Crusoe, an Englishman Friday, his island companion Story Overveiw Young Robinson Crusoe told his parents that he wished more than anything else to go to sea. His father bitterly opposed the idea, and warned his son that "if I did take this foolish step, God would not bless me - and I would have leisure hereafter to reflect upon having neglected his counsel, when there might be none to assist in my recovery." These words proved prophetic. The youthful Crusoe set out on his first voyage, with little knowledge about the perils of a sailor's life. In telling later about the tremendous storm in which his ship was caught, he remarked, "It was my advantage, in one respect, that I did not know what they meant by 'founder,' till I inquired." So ill and afraid was he during this first harrowing crisis, that he vowed never again to leave solid ground if he was blessed enough to escape drowning. But once safe on shore he found his old longing resurfacing, and Robinson took sail aboard another ship Alas, the ill-fated vessel was captured by Turkish pirates. Crusoe managed to avoid capture and made off in a small craft. Together, he and a young companion navigated along the coast of Africa, where they were pursued by both wild beasts and natives. A Portuguese ship finally rescued them and they sailed for Brazil. In the new land Crusoe established a prosperous sugar plantation. But again a feeling of lonely dissatisfaction overcame him: "I lived just like a man cast away upon some desolate island, that had nobody there but himself." Then came an offer from some planters for Crusoe to act as a trader on a slave ship bound for Africa. But this voyage also met disaster: fierce hurricanes wrecked the ship, drowning everyone aboard except Robinson, who was finally tossed up on a desolate beach.A subsequent storm washed the ship's wreckage close to shore and Crusoe constructed a raft to haul most of its supplies to land, where he stored them in a makeshift tent. After a few days, he climbed a hill and discovered that he was on what he assumed to be an uninhabited island. On his thirteenth day there, still another storm pushed the ship wreck back out to sea, where it sank, leaving him with no reminder of civilization. Crusoe soon discovered that goats inhabited the island, and began domesticating some of them to provide himself with meat, milk, butter and cheese. Near the entrance of the cave where he stored his provisions taken from the ship, he painstakingly built a well-fortified home. After crafting a table, a chair and some shelves, Crusoe also began keeping a calendar and a journal. Over the next few months, an earthquake and a hurricane damaged his supply cave, and though he still spent most of his time at his coastal home, in case a ship should happen by, he decided to erect an additional inland shelter. Later, during a brief but raging fever, the adventurer was confronted by a terrifying apparition, who announced, "Seeing all these things have not brought thee to repentance, now thou shalt die!" Remembering the advice of his father, Crusoe commenced to pray and to read from the Bible. In a strangely inverted search, he began to seek deliverance from his sins rather than from his adverse situation. In a small valley on the island, Crusoe found an abundance of wild grapes, lemons, limes and other fruits and vegetables. From the grapes he made raisins, which became a favorite staple food. In his wanderings he also caught a parrot, whom he taught to speak. With a few grains of rice and barley from the bottom of one of the ship's sacks, the sailor planted what would become large fields of grain. For several years he experimented with making bread and weaving baskets. One of Crusoe's biggest frustrations was the lack of bottles or jars in which to cook or store food. Over time, he succeeded in making clay containers and even fired some pots that were solid enough to hold liquids. After four years on the island, he was a changed man: "I looked now upon the [civilized] world as a thing remote, which I had nothing to do with, no expectation from, and indeed no desires about.. ." Crusoe dedicated his entire fifth year as a castaway to building and inventing. He constructed a "summer home" on

How to Write Stellar Stanford Essays 3 Expert Tips

How to Write Stellar Stanford Essays 3 Expert Tips SAT / ACT Prep Online Guides and Tips Are you hoping to be one of the 5% of students admitted to Stanford this year? If so, you’ll need to write some amazing essays as part of your application. In this article, we’ll outline the different types of essays you need to write for your Stanford University application and teach you how to write an essay that will help you stand out from the thousands of other applicants. What Are the Stanford Essays? Stanford requires that you complete a total of four essays as a part of your application for admission. You’ll need to answer a prompt provided by the Common Application or Coalition Application, depending on which one you use to submit your Stanford application through. If you're looking for more information about either of these prompts, we cover them in depth on our blog. You’ll also need to respond to three Stanford-specific short essay questions. The Stanford essay prompts offer you plenty of opportunities to show off your qualifications as an applicant and wow the admissions committee. Want to get into Stanford or your personal top choice college? We can help. PrepScholar Admissions is the world's best admissions consulting service. We combine world-class admissions counselors with our data-driven, proprietary admissions strategies. We've overseen thousands of students get into their top choice schools, from state colleges to the Ivy League. Learn more about PrepScholar Admissions to maximize your chance of getting in. 2018-19 Stanford Essay Prompts You’ll also need to respond to three Stanford Questions for your Stanford supplement essays. You’ll submit the Stanford supplement essays online with your Coalition or Common app. You need to respond to all three of the Stanford essay prompts for your application. Each one of the Stanford essays has a 100-word minimum and a 250-word maximum. Here are the 2018-19 Stanford essay prompts: The Stanford community is deeply curious and driven to learn in and out of the classroom. Reflect on an idea or experience that makes you genuinely excited about learning. Virtually all of Stanford's undergraduates live on campus. Write a note to your future roommate that reveals something about you or that will help your roommate- and us- know you better. Tell us about something that is meaningful to you, and why? Stanford Essays Analyzed In this section, we’ll be looking at each of the three Stanford supplement essays in depth. Remember, every applicant must answer every one of the Stanford essay prompts, so you don’t get to choose which essay you would like to write. You have to answer all three of the Stanford essay prompts well in order for your application to stand out. Let’s take a look at each of the three Stanford short essay questions and see how to write something meaningful for each. Stanford Essay Prompt #1 The Stanford community is deeply curious and driven to learn in and out of the classroom. Reflect on an idea or experience that makes you genuinely excited about learning. This Stanford essay prompt is very broad. The structure of the prompts indicates that the committee is interested in learning about your curiosity inside and outside of the classroom, so don’t feel like you have to limit the lessons you talk about to ones that occur at school. The most important thing to remember here is to be specific. The committee doesn’t want you to wax poetic about the virtues of remaining eternally curious; they want to see how a real-life example has affected you. For instance, instead of talking about how a trip to a foreign country opened your eyes to different cultures, pick a specific moment from your visit that really hammered home the importance of curiosity. Go into detail about how that one experience affected you. Being specific is more powerful than speaking in generalized platitudes. Similarly, you want to write about something that you're genuinely passionate and excited about. After all, it says so right in the prompt! Pick a topic that you truly love, such as a historical fiction book that you read that inspired you to learn about a new era in history or the science fiction movie that sparked curiosity about how time works in space. Don’t feel limited to your potential major. Stanford doesn’t require that you pick and stick with a specific major for your application, so you don’t have to write about a moment here that relates to your predicted course of study. In fact, picking a learning experience in a different field will better show that you’re curious and open to new ideas. Stanford Essay Prompt #2 Virtually all of Stanford's undergraduates live on campus. Write a note to your future roommate that reveals something about you or that will help your roommate- and us- know you better. Stanford’s roommate essay question is notorious. While the other two of the three Stanford essays may change from year-to-year, the Stanford roommate essay is always on the application. First, remember that this essay is written to your future roommate, who will be one of your peers. You can adopt a more informal, fun tone with this essay, because the prompt indicates that it’s going to someone who is your age. The Stanford roommate essay is your opportunity to show a different side of your personality than the admissions committee will see on the rest of your application. This essay is your chance to show yourself as a well-rounded person who has a variety of different interests and talents. Don’t repeat information that the committee can find elsewhere on your application. Take the time to share fun, personal details about yourself. For instance, do you make awesome, screen-accurate cosplays or have a collection of rock crystals from caving expeditions? Think about what you love to do in your spare time. Be specific - the committee wants to get a real picture of you as a person. Don’t just say that you love to play video games, say exactly which video games you love and why. The roommate essay is also a great time to show off your community - the friends, family, teammates, etc. who make up your current life. You can talk about the deep bonds you have and how they have affected you. Showing your relationships to others gives the committee a better idea of how you will fit in on Stanford’s campus. All in all, the Stanford roommate essay is a great opportunity to have some fun and show off some different aspects of your personality. Let yourself shine! Stanford Essay Prompt #3 Tell us about something that is meaningful to you, and why? While all three of the Stanford essay prompts are fairly broad, the third Stanford essay prompt is by far the broadest. You can write about anything that’s meaningful to you here - the prompt doesn’t specify that you have to talk about something academic or personal. Sometimes, broad prompts can be more intimidating than prompts that have a very narrow focus. The trick here is to (again) pick something specific and stick to it. Don’t, for instance, say that world peace is meaningful to you because it won’t sound sincere. You should talk about something that is uniquely important to you, not the other thousands of students that are applying to Stanford. Pick something that is really meaningful to you. You could talk about your relationship with your grandmother and how she taught you how to cook or a specific musical album that reminds you of an important experience in your life. You might talk about a club or after-school activity that has broadened your horizons or an academic award you won after an extreme challenge. Whatever topic you choose, your essay should feel sincere. Don’t write what you think the committee wants to hear. They’ll be more impressed by a meaningful experience that rings true than one that seems artificial or implausible. How to Write a Great Stanford Essay Regardless of which Stanford essay prompt you’re responding to, you should keep in mind the following tips for how to write a great Stanford essay. #1: Use Your Own Voice The point of a college essay is for the admissions committee to have the chance to get to know you beyond your test scores, grades, and honors. Your admissions essays are your opportunity to make yourself come alive for the essay readers and to present yourself as a fully fleshed out person. You should, then, make sure that the person you’re presenting in your college essays is yourself. Don’t try to emulate what you think the committee wants to hear or try to act like someone you’re not. If you lie or exaggerate, your essay will come across as insincere, which will diminish its effectiveness. Stick to telling real stories about the person you really are, not who you think Stanford wants you to be. #2: Avoid Cliches and Overused Phrases When writing your Stanford essays, try to avoid using cliches or overused quotes or phrases. These include quotations that have been quoted to death and phrases or idioms that are overused in daily life. The college admissions committee has probably seen numerous essays that state, â€Å"Be the change you want to see in the world.† Strive for originality. Similarly, avoid using cliches, which take away from the strength and sincerity of your work. #3: Check Your Work It should almost go without saying, but you want to make sure your Stanford essays are the strongest example of your work possible. Before you turn in your Stanford application, make sure to edit and proofread your essays. Your work should be free of spelling and grammar errors. Make sure to run your essays through a spelling and grammar check before you submit. It’s a good idea to have someone else read your Stanford essays, too. You can seek a second opinion on your work from a parent, teacher, or friend. Ask them whether your work represents you as a student and person. Have them check and make sure you haven’t missed any small writing errors. Having a second opinion will help your work be the best it possibly can be. What’s Next? If you want to be one of the 6% of students accepted to Stanford, you'll have to have a great GPA. Check out our guide on how to get good grades in high school for some tips and strategies! Confused or intimidated about the college admissions process? Check out our complete guide on how to apply to college. If you want to stand out from the crowd as an applicant, you'll need a solid resume of extracurricular activities. Learn more about your extracurricular options and why they matter. Want to write the perfect college application essay? Get professional help from PrepScholar. Your dedicated PrepScholar Admissions counselor will craft your perfect college essay, from the ground up. We'll learn your background and interests, brainstorm essay topics, and walk you through the essay drafting process, step-by-step. At the end, you'll have a unique essay that you'll proudly submit to your top choice colleges. Don't leave your college application to chance. Find out more about PrepScholar Admissions now:

The Growth of the Early American Economy in the West

The Growth of the Early American Economy in the West Cotton, at first a small-scale crop in the American South, boomed following Eli Whitneys invention of the cotton gin in 1793, the machine that separated raw cotton from the seeds and other waste. The production of the crop for use had historically relied on arduous manual separation, but this machine revolutionized the industry and in turn, the local economy that eventually came to rely on it. Planters in the South bought land from small farmers who frequently moved farther west. Soon, large southern plantations supported by slave labor  made some American families very wealthy. Early Americans Move West It wasnt just small southern farmers who were moving west. Whole villages in the eastern colonies sometimes uprooted and established new settlements looking for new opportunity in the more fertile farmland of the Midwest. While western settlers are often depicted as fiercely independent and strongly opposed to any kind of government control or interference, these first settlers actually received quite a bit of government support, both directly and indirectly. For example, the American government began investing in infrastructure out west including government-funded national roads and waterways, such as the Cumberland Pike (1818) and the Erie Canal (1825). These government projects ultimately helped new settlers migrate west and later helped move their western farm produce to market in the eastern states. President Andrew Jackson's Economic Influence Many Americans, both rich and poor, idealized Andrew Jackson, who became president in 1829, because he had started life in a log cabin in American frontier territory. President Jackson (1829-1837) opposed the successor to Hamiltons National Bank, who he believed favored the entrenched interests of the eastern states against the west. When he was elected for a second term, Jackson opposed renewing the banks charter and Congress supported him. These actions shook confidence in the nations financial system, and business panics occurred in both 1834 and 1837. American 19th Century Economic Growth in the West But these periodic economic dislocations did not curtail rapid U.S. economic growth during the 19th century. New inventions and capital investment led to the creation of new industries and economic growth. As transportation improved, new markets continuously opened to take advantage. The steamboat made river traffic faster and cheaper, but the development of railroads had an even greater effect, opening up vast stretches of new territory for development. Like canals and roads, railroads received large amounts of government assistance in their early building years in the form of land grants. But unlike other forms of transportation, railroads also attracted a good deal of domestic and European private investment. In these heady days, get-rich-quick schemes abounded. Financial manipulators made fortunes overnight while much more lost their entire savings. Nevertheless, a combination of vision and foreign investment, combined with the discovery of gold and a major commitment of Americas public and private wealth, enabled the nation to develop a large-scale railroad system, establishing the base for the countrys industrialization and expansion into the west.

Mass media in Saudi Arabia Research Paper Example | Topics and Well Written Essays - 3750 words

Mass media in Saudi Arabia - Research Paper Example Saudi Arabia achieves control of the media mainly through the Ministry of Information, which administers the national news agency and the broadcasting services, and is responsible for applying censorship regulations (Rampal, 1994). Simons (2006) states that the three main roles played by mass media are as mirror, witness, and transmitter. This refers to the necessity for media to reflect the news, events, and situations, to observe occurrences of social, political and other interest, and to convey the information, observations and analysis to the general public. Thesis Statement: The purpose of this paper is to investigate the various aspects of mass media in Saudi Arabia, including its functioning and conditions affecting Arab mass media. 2. An Authoritarian Mass Media System The standard systems of classifying mass media are as authoritarian, libertarian, social responsibility and totalitarian (Siebert, Peterson & Schramm, 1963). The Arab media do not fall specifically into any one of the above categories, but some elements of all four systems are found in the mass media system of Saudi Arabia. In most of the Arab countries the media function under different variations of the authoritarian theory; thus, of the four theories this is the one that most closely explains the Saudi Arabian mass media operations. The authoritarian governments in these Arab countries play a part in the use of authoritarian media functions. In the authoritarian system, the media â€Å"support and advance the policies of the government, which controls the media either directly or indirectly through licensing, legal action, or perhaps financial means† (Rugh, 2004, p.23). Rampal (1994) reiterates that despite political reform initiatives, Saudi Arabia remains an absolute monarchy. The authoritarian political system has resulted in a controlled press, particularly since 1958 when the government’s Publications Department was goven to censor publications. The authoritarian reg ime permits the media to discuss society and the machinery of government, but not of the people who hold the political power. This system is built on the theory that truth does not emerge from a great mass of people, but of a few wise men capable of directing and guiding their fellow human beings (Siebert et al, 1963). In the authoritarian system comment and criticism are carefully guided, and lucid goals for the community align with the objectives of the regime

Business Analytics Assignment Example | Topics and Well Written Essays - 500 words

Business Analytics - Assignment Example 2. Of the six potential data quality problems such as currency, completeness, relevance, duplication, outliers and inconsistent values and coding, which do you consider as the most difficult to detect and fix and why? This has to be the completeness and relevance of data. In a project involving Big Data, it is almost impossible to correctly anticipate future data requirements. Data that may be useful right now may be of no purpose in future. It is also hard to fully understand what data is relevant for the project and what data is of no purpose. Fixing data incompleteness and irrelevance is a delicate task, as it usually results into altering the entire structure of databases and sometimes affecting the integrity of the entire databases. I consider currency, duplication, outliers and inconsistent values and coding to be relatively easy to fix. Currency conversion is inbuilt in data management systems. Duplication of data is also simple to detect and can be eliminated through the use of primary keys. Outliers, inconsistent values and coding can be removed by the use of tools which detect discrepancies in