Essays on Venture Capital

Mitigation refers to the attempt to reduce loss of life and property by combating the consequences of a disaster. It implies taking action before a disaster happens to reduce the risks that might occur, which include financial, property and loss of life. Effective mitigation necessitates that each has a duty to understand local risk, find possible ways to address them, and come up with long term solution that can support the society’s well-being. Without mitigation action, the community runs the risk of human safety, self-reliance and financial security (Norberto, 2012). This paper is going to look at how supportability funding reduction ...

The carriers plying the Trans –Atlantic route formed immunized joint venture alliances; Sky Team (Delta, Air France and Alitalia), One World (British Airways, Iberia and American Airlines) and Star alliance, in a bid to reduce operating costs heightened by the global rise in jet fuel prices and deal with the challenge of the reducing demand for their services all while maximizing profits. (Russell, 31)

The hallmark of these joint ventures has been the capacity cuts by various airlines like Delta at 7%, and American at 9.6%, these airlines anticipate further cuts in capacity in the future occasioned by harsh ...

Executive Summary

The purpose of this research is to try and examine factors that influence business performance of SMEs. The aim of this study is to give the seeing on how individuals ought to begin their business by taking an evaluation at all the elements affecting business performance. Thus help to lessen the danger of disappointment and expand possibilities of success. The study inspected eight variables that impact the SMEs business achievement. These components are SMEs trademark, administration and expertise, items and administrations. (SMEs) Is acknowledged internationally as an apparatus for enabling the citizenry and economic development. It has been connected ...

The article talks about how the new and upcoming entrepreneurs prefer franchising over starting their own ventures. This is because of the fact that franchised business has a better brand name and more chance of success over a new venture. The risk factor is greatly reduced by using the franchised brand name rather than starting a new venture. There are also certain problems for the franchisee. The main problem is the high franchise fee for a trusted brand name. It goes up to around $75000 and $100,000. There is also a need of contingency fund needs for inventory and till the time business ...

International Joint Ventures in China

Completion date International Joint venture in china

In promising economies like China, international joint relationships are still the most general basis on which collaboration between host country and foreign partners is established. Some international companies have opened business in China through joint venture with Chinese companies. All of them are not doing well though; there are pros and cons of some joint ventures. In the previous years, China has emerged ‘as international economic powerhouse’, becoming more attractive as a joint venture partner for international companies in order to get access to the Chinese market. Overseas companies can profit ...

Advertising and Promotion Strategies

Advertising and promotional strategies can be an extremely important part of a business plan, especially for new businesses or those that are currently in their startup phase . This is because the products and or services being offered by startup companies are often not yet known to the market or if they already are, they are still considered as alternatives over the more mainstream products and or services being offered by more established industry players. Poor advertising strategies can be a reason for lackluster sales in the early stages of opening up the business. Being in the startup phase should not be a ...

Introduction

Wheat! Wheat!!! One of the most significant but neglected crops in the US and the whole globe. This is because most of the readily and mouthwatering foods available are mostly from wheat. Most of the diets in most American countries are usually comprised of wheat. For example most of the Americans are known to have a strong attachment with foods such as pizza, bread and pastas. But this has changed over the last few decades. This is because most farmers have since stopped growing wheat in the US. The reasons for my project is to have funds that will enable me ...

Introduction

One is called a manager because of the responsibilities and duties he/she carries out. It may be supervisory or implementation duties. (Shapiro, J. 2001). Regardless of the amount of resources the managers will require to accomplish set goals, they should be able to produce a document or statement that reflects how the future operations of the organization will be carried out. Future expenditure and income of the organization should also be noted in the budget. (Shapiro, J. 2001).

In general terms, a budget is a financial document whose key purpose is to translate ideas into financial gains. (Curristine, T. 2007). A budget ...

Through the rural acquisition initiative, Celtel wanted to capture the large market that is in existence through capacity utilization and suboptimal market penetration (Anderson and Jamie 1). Celtel came up with different ways on how to achieve their strategies concerning this programming. However, their existed particular threats that hindered their development and this included selection of in-capable project team, lack response from the market and lack of funds to fund the program.

As it can be noted, the key to success of the program was to establish a project team that is highly skilled and capable to formulating and implementing ...

- One of the greatest advantages for an investor investing in mutual funds is that of diversification. At times, individuals do not have free cash flow to invest resources in several places such as; bonds and stocks.

Consequently, people can invest their money along with multiple other investors. This reduces the risks for the investor, as he is not reliant on a single source. Apart from this, mutual funds are managed by a hired professional. The individual who has invested his/her money may not have to worry about buying and selling at the right time; since, the professional investor performs this ...

Unsuccessful business connotes to a wasted effort. Unequivocally, worthy investments are requisite to the future financial security coupled with myriad accomplishments. Establishing an investment or rather an asset management business is primarily vital. Also, raising funds for business, thereby, investing in a competitive market explicitly illustrates the direction of a particular entity. Distinctively, a group of individuals based in London intends to invest into vintage cars and art pictures. The highlighted business necessitates myriad clarifications with regards to the investment. Essentially, the suggested business is majorly embattled with limited funds. The paper endeavors to establish whether to raise funds from a developed country or ...

The United Kingdom of Great Britain and Northern Ireland has been a state with one of the largest economies in the world for hundreds of years. The Bank of England, which is the central bank of the United Kingdom, gained its independence to set the country’s monetary policy in 1997. The key responsibility of the Bank of England is the monetary stability of the financial system. All decisions are taken by the independent Monetary Policy

Committee (MPC), which sets the interest rates to meet the inflation targets. The MPC is accountable to the House of Commons Treasury Committee, which ...

- Does the organization that you chose in the Db above have any Charitable lead trusts or charitable remainder trusts?

A charitable lead trust is where a trust will donate to a charity a given amount in order to lower taxes on the trusts’ beneficiaries and then donate further after a specified amount of time. The American Diabetes Association has a Charitable Lead Trust from the Trust of Abby R. Mauze between the amount of $250,000 and $499,999. A Charitable remainder Trust is similar but first dispenses th trust to its beneficiaries and then after a specified amount of time donates the remainder of the trust to a charity. While the American Diabetes Association encourages Charitable Remainder Trusts they have not received any recently.

- Define and outline these two trusts.

...

My risk attitude is risking. Risk seeking is the ability of an investor to invest in a risky venture so as to know what is brings at the end of it all. Any business includes some sense of risking; the more one risks the more outputs he or she gets. In as much as it is not always easy to risks, risk seeking enables one to venture into new worlds that were never looked at (Abu-Mostafa, 1999). It is human always to want to know what happened after something took place, this makes many people fear risking. There are two ...

PART A: Description of work related experience

SITUATION

At the time of the subsistence of the Make an Impact Week, our course instructor required me from a group alongside my colleagues with a view to meeting the requirement of the coursework in executing a task. We were charged with the responsibility of raising a total of $ 200 to help fund the activities of the Environmental Club in the school. Alongside my colleagues, we formed a group of five persons so that we could execute the task as a group as required of the coursework. We met on a record three times to discuss and pitch our idea of raising the necessary cash where ...

The federal deficit is a number that has changed over the years. Between the years 2007 and 2009 the deficit increased from about $160billion to $1.6Billion. It has been drastically shrinking since then but not at a rate that would make everyone happy. Currently the deficit is the lowest since 2008. The difference between the debt and the deficit is quite simple. The deficit is spending over the available revenue that is made up through borrowing of some verity.

There are a few ways that money is borrowed. First of all, it can be borrowed from countries like China by selling ...

Four General Four Phases of the Working Capital Cycle

Working capital, defined as the money required to facilitate day-to-day business activities, undergoes through a cycle known as the working capital cycle. Once the supplier supplies goods or inventory, the businessperson pays for the supplies and then waits to get back the money after sale. Working capital cycle them measures the time between when the businessperson pays for supplies to the time of receiving money after sale (Government of Western Australia, 2013). The cycle has four parts as follows:

- Cash: Getting the required cash - Creditors: Converting some or all the cash into resources, which could include inventories, ...

There are various forms of business organizations which define how business units are structured. It is usually the primary responsibility of the owner or owners of the business venture to determine the form in which it operates. While making this decision, the entrepreneur needs to have several variables in mind with respect to the various forms of business organization as anchored in the law. There are four main types or forms of business organizations recognized by law namely sole proprietorships, partnerships, corporations and cooperatives. One of the variables considered is the issue of capital to venture into the business. ...

Restricted fund is a pool of money reserved for use in selected specific purposes. Such funds may be permanently or temporarily restricted and are based as principal amounts which can earn interests. The interests earned can be spent by the respective organizations. An example of a restricted fund is the strike fund. Strike funds are established by unions and organizations before hand to provide financial payments to striking workers during strikes or in events related to strike. Different policies and regulations apply to the usage of strike funds depending on the organization in question, (McMillan, 2003).

A non-profit making organization which ...

It is crazy to think that the semester is almost over. This semester has gone by so quickly and I have learnt what feels like a wholecompletely new language in such a short amount of time. The good thing is that I feel like everything I have learnt in this course is what I need to know going on to getting a job as a Librarian after I complete my Education. Across this semester in Information Programs I have learnt about the different learning activities across the semester have given me a practical understanding of each of these areas. I found a lot of topics ...

The enormous decline of students majoring in science courses in America is a matter of great concern. This decline in the number of students majoring in science courses is basically related to performance in these courses in the lower levels of education. The students may be optimistic about science courses but they tend to perform poorly failing to attain qualifications to pursue such courses. The reason behind poor performance in these science courses is the lack of enough preparation in the lower levels of education. The little investment in science based courses in lower levels of education is the main ...

Refer to the heading; I am a partner in a psychotherapist business, which begun its operations recently and has been able to help a modest number of patients in need of therapy and psychological services. I am hereby inviting you to join us in this business venture with interests in psychotherapy. Psychotherapy is a science and an art that involves studying the nature of consciousness including what may diminish it and what could augment it. The process involves telling the truth, releasing negative emotions, insight awareness, forgiveness and love in order to achieve comprehensive healing in the mind concerned.

It may cross your ...

Terrorist Organizations bring about a lot of disruption to the global community in terms of financial and social development hence the need to suppress such organizations. In order to curtail terrorist groups, it is essential to cut off their funding. The main source of funding to terrorist organizations is group members and sympathizers. The mobilization and transfer of funds is facilitated by the internet. Terrorist groups are able to spread and rally new recruits easily using the internet since it overcomes geographical barriers. Similarly, terrorist groups are able to raise and send funds by making online fund transfers within the ...

Financial planning is important for businesses today. By preparing the financial plan, an organization is able to determine what kind of objectives the firm would like to achieve. There are different aspects that are covered in a financial plan and some of the important aspects of financial planning include; estimating the profits that the firm would like to generate, the types of resources that would be required to accomplish these objectives, identify the changes in the business environment, analyzing the risk and return of investment, calculating the budget and costs that would be incurred, estimating sales from different departments or ...

D – I am an avid member of a group tasked to design a feasible start up business challenge within the budget of $250,000 for the first year. Our group agreed unanimously on 4 March 2013 that we launch a company called ‘Serve a Mate – SAM.’ The company specializes in selling fast food and beverages, and specifically targets to serve workers in the following industries; manufacturing, building and construction, transport & logistics, festival and events. After holding a debate during long hours of brainstorming, we agreed on the logistics of how the business would be operated. We settled to have in ...

Social entrepreneurship is where a business aims to achieve a certain social goal other than that of making a profit. Social entrepreneurs are usually concerned about making a positive impact on the society other than their objective of making a profit. For instance in the video entitled “Tom’s shoes”, Blake Mycoskie focuses on improving the lives of the children in Argentina. He observed that most of the children in Argentina were walking bare footed and made it his priority to change this situation.He was keen on making a profit on his sale of Tom’s shoes but also wanted to make a contribution in ...

Strategic control systems are systems that help in monitoring the activities undertaken in a certain institution, with the aim of enhancing effective implementation of the set procedures and ideologies (Dess 2010). These systems enable the top level management to examine the effectiveness of the programs instilled in an organization. Strategic control systems are important in an economy of a country. They enable the economic and development planners to evaluate the effectiveness of their plans. In addition, these systems ensure that the implementation process is not affected by human factors within the economy.

The current world is faced by a high level of ...

Theoretically, a fund manager has an option of selecting a portfolio with a pin where the efficient market hypothesis is true. The argument is that prices of a portfolio are known with certainty meaning that the pin risk in a portfolio is mitigated. However, this is always not so because, under this hypothesis, the price of a portfolio is equal to the fundamental value of the same portfolio. This means that the returns are equal to the opportunity cost of capital, which is not attractive to investors.

In addition to unattractive returns, fund managers may not opt to invest in a portfolio by considering the efficient ...

Arguably, business organization undergoes tremendous stages before achieving its main goals. As a matter of fact, every business has its unique set of processes and guidelines designed for its proper functioning and operations. But, despite the variations all business organizations must undergo the four stages of growth. Each of these stages has its unique characteristics and its influenced by demand, availability of capital, supply, as well as consumer confidence. These four stages of growth a business organization might experience include start-up, growth stage, mature stage, as well as decline.

Start-up stage is very crucial to every business that has come into ...

INTRODUCTION

Small businesses face many issues in comparison to the well established organizations. However, among several issues one of the major issues that small businesses face is to raise capital. Many small businesses and entrepreneurs may have the ability to make their organization a big organization however because of lack of investment they are not able to do so. With the increased risk in the market, banks and venture capitals have also become very much risk averse instead of accepting the risk and growing their investment. This has also lead to such situation where small businesses face different issues in raising ...

Let’s say you have a fantastic business idea that you know will make money for you. You have made your calculations, you have studied the market, you have found the perfect location and you have a good idea how you will operate and make the business happen. The product you have is unique. How to make the product will be unique. You have found the people who will help you make the product. You have emptied your wallet, gathered all your money from your savings, sold your car, you now some of the cash you need to start it all ...

- Executive summary

In this form of venture much is needed from the customer in order to create an established organization. Jay sporting goods is a sporting organization with the aim of promoting the culture of fishing and hunting. With promotion of this culture the organization also aims to create a business empire from this venture. The venture has a target market of a very low population of consumers in society. In words by Kruse the promotion of hunting and fishing as a sport requires a very strategic structure when planning for its operations (65). This is attributed to the fact that the target market for this venture ...

Introduction

Managing an organization is a responsibility that entails a lot of duties and obligations. This, therefore, means that all individuals who plan on becoming good managers must possess a wide variety of managerial skills in order to guide their organization to succeed in their operations. However, it is almost impossible for a manager to possess all the necessary skills that are required for effective management. Since managers are human beings, they will most likely possess various managerial strengths as well as weaknesses. In order for an individual to become a good manager, he/she is required to improve on his managerial strengths as well as ...

Public budgeting provides reflections on government usage of money – the primary source of which are taxpayers. Government expenditures clearly define the purpose of public budgets, as deliberated through various decision-making processes influenced by a great variety of actors. In The Politics of Public Budgets, Irene Rubin provided notable features of public budgeting. She said that public budgeting is characterized through the (1) diversity of the actors involved, (2) open nature of the budget, (3) usage of mechanisms ensuring accountability to the public, (4) constraints provided by law, public opinion, and the like, and (5) the difference between ...

Question 1:

Michigan’s State budget (Snyder & Nixon, 2012) falls under the incremental budgeting classification that is also known as traditional budgeting (Jacobs, Hélis & Bouley, 2009). In the budget, it is clear from an excerpt from The Detroit News editorial of January 17, 2011 that there was a call for Michigan’s leaders to change the usual adoption of previous years’ income/ expenditure and making fine adjustments to an overhaul of the whole budget, leaving nothing untouchable (Snyder & Nixon, 2012, p. A-8). The State of Texas’ budget (Dewhurst & Straus, 2011) also falls under this category of traditional budgeting classification (Jacobs, ...

Special education refers to an education system crafted for students with special needs in a way that addresses their needs. A special education program should be made in such a way it addresses every student’s unique need. In America the system is well developed and the education Policy considers all disabled students regardless of the nature or degree of disability. The disabled students are legally entitled to a free and appropriate public education. In 2001 and 2004 the No Child Left behind Act (NCLB) ensured that schools were more accountable and increased the technological assistance and loan programs for students with ...

Finance is a science of managing funds. Finance also involves lending and saving money. Business finance, public finance and personal finance are some of the general areas in finance. There are different fields that finance deals with in relation of money, time, and risk. Mostly it majorly deals with how money is spend and budgeted for. Individual businesses and organizations normally deposit their monies in banks and the banks on the other hand lend money to other individuals or organizations for investment or consumption. Banks normally charges interests on the loans that they give out to individuals or corporations. Private ...

PART 1

An international Joint Venture is an equity agreement in which foreign and local business organization co-own a business by pooling their resources together, share the risks associated with the business as well as exercising managerial control to operate an autonomous business in order to make profits or to enjoy economic and premeditated advantages. The success of such ventures depends on a number of factors as. Some of the factors that determine the success of Joint Ventures include: - Cultural factors- the way of life among different partners in a joint venture has a significant influence on the success of the business. ...

The quality and aggressiveness of the marketing and advertising strategies that a business, especially the startup ones, implements can spell the difference between a booming and steeply declining startup sales figures. Naturally, more innovative and aggressive marketing and advertising strategies would equate to significantly larger sales margins and vice versa for more lame, old school and outdated marketing strategies. Marketing and advertising strategies are so extremely important for startup businesses that it can be one of the primary indicators of the company’s success in future, aside of course from more innate factors such as the necessity index of the products ...

Business management

Business management Coast acquisition is business sales term that refers to the total expenses necessary to to attain a sale or retain a customer. Therefore, it the total cost associated with the buying and selling of goods and services, or even assets. In general, the net price plus the associated cost of purchase and taking the good to the point of use comprises the total acquisition costs. These cost include the following; the purchase cost i.e. research, closing, accounting, legal fees, and commissions, the transportation fee from the point of purchase to the end use location, preparation and other fees ...

Kwame Kilpatrick former Detroit Mayor Case

Kwame M. Kilpatrick who was the former mayor of Detroit was sentenced for 28 years in jail for being involved in a corruption scandal. The defense should not apply to either reduce Kwame’s sentence or exonerate him. Kwame had greatly embezzled the city’s funds not only during his time as the mayor but also when he was a state legislator (Spence, 2011). His corrupt actions warranted him to get the harshest sentence possible given that he was a public official. Although the defense requested that he should receive a term that is not more than 15 years, it was not possible ...

Thesis topic

‘Instructor’s Name’ ‘Subject’ Will Governor Brown’s Local Control Funding Formula improve the ability of districts to meet student needs compared to the former system?

Brief Background and Aims of the Research

The current education system in California lacks transparency and is extremely complicated. All the participants, be it policymakers or parents, struggle to comprehend the current system, which offers different pupil per rate across various districts. There were many allegations that affluent schools ended up getting more per pupil rate than the other schools. To negate this inequity in the distribution of federal funds, Governor Brown in the year 2013-14 introduced the ...

The leadership style applied in the United States may not be successful. If the business is to venture in Australia, it needs to appreciate that Australian people will react better to another leadership style since the leadership style used in the two countries is different. However, there are similarities between the two leadership styles that enjoin business and are accepted universally. For an individual to be an effective leader in Australia, a person must be respected. In the United States, on the contrary, the position is more respected than the person who holds it. Respect for the person rather than ...

Misallocation of funds

The Make a Way Foundation was founded with the aim of fighting poverty and hunger that involved communities with hope and self-reliance. The foundation had planned for a children’s summer expense project but in the process of goal realization for this fiscal year, it has been realized that there is a misallocation of funds that can be attributed to the following reasons. Some officials who do the scoring for the awarding of the funds fail to follow the right criteria in many cases. So some applicants were unequally treated and in times were awarded more or fewer dollars than they ...

- Can schools be managed and operated like business? Management of schools should take a form similar to any other organization that is geared towards achieving certain results. Management, in a general sense, involves several functions that lead to the coordination of peoples’ efforts in a manner that would make them achieve some desired goals and objectives. These goals and objectives are set by the management of these organizations that undertake the coordination of the said efforts. For the coordination to take place, there must be the deployment of certain resources that must also be used in an effective and efficient ...

The role of policy makers in any economy is to regulate macroeconomic activities with the main goal of maintaining economic stability. The goal of the policy maker is to maintain stability, which is significant in promoting economic growth and social welfare of the citizens. The policy makers have implemented various policies to stimulate the economy since the financial crisis when government suffered a critical national debt. They are also trying to implement a reliable strategy for balancing the government’s budget in the long- run to solve macroeconomic problems. Therefore, implementing long-term fiscal sustainability is vital for today’s economic growth ...

Heilemann, J. (2002). Machine of Dreams. Vanity Fair, No. 501, pp. 185-188. The article is an appraisal about the achievements of Dean Kamen. The author begins by looking at the manner in which Kamen revealed his latest invention, which is what the author refers to as the ‘Machine of Dreams’. The article documents the character and the successes that Kamen has achieved over the years. The major theme of the article is resilience. Throughout the article, the author tries to demonstrate the resilience and achievements of Kamen, a college dropout. This is evidenced by the fact that Kamen ...

Internal control practices are the activities that enable a company to maintain an environment that is solely focused on accountability and ethics. These are systems that are put in place to safeguard the resources of the business. By putting in place these practices department benefits in the following ways; one of the benefits is that the internal controls provide checks and balances on the usage of resources. They also ensure that the areas of priority in an organization are identified as well as addressed. Another benefit of putting in place internal controls is that it allows the company to prevent ...

Venture capital in Russia

Venture capital in Russia with focus on Innovation Background A development institute and government fund of the Russian federation named as Russian venture fund. The fund that has established for Russian venture fund in 2010 to 2012 is now at the first stage of completion of the initial cycle. The funds are expected to be raised in 2014 to 2015 and also more has expected to exits. There are several companies that had established in 2006 to 2009 have been closed now due to foundation that take seven years period to startup with a sale procedure. In ...

Introduction

Analytically, Softwood Ltd has been experiencing growth in the recent years thanks to its large client base. In its effort to expand, the business should make sound financial decisions to avoid a possible decline of its current position.

In their endeavor to expand, Softwood Ltd has various sources of finance to rely.

1. Internal sources Internal sources encompass all sources of finances within the company. These could be retained profits, proceeds from sale of furniture of the company’s property and personal savings by the owners of the venture (Dlabay, 2008).Examples of internal sources are; - Retained profits - Tighter credit control - Reduce inventories - Delay paying ...

INTRODUCTION

Since the Great Depression of 1929-30, the worst financial crisis was witnessed during the end of 2008. Numerous American and European banks declared going into loss by the end of 2007. Later, Lehman Brothers, the 158-year old investment bank went bankrupt; Merill Lynch, the investment bank and the stock-broking firm was taken over; Goldman Sacks and Morgan Stanley seek the status of bank to receive protection against bankruptcy. It was during the same week that the other four investment banks on the Wall Street collapsed. The global financial crisis of 2008 was one of the most critical ones ...

Introduction

Many people have argued to the effect that disability is not inability. However, the fact remains that people with disabilities in the society face a lot of discriminations. This discrimination is always based on a number of factors. Despite the efforts by governments, the fact remains that the disabled in the community face specific challenges that the people without the disabilities do not face. Whether in the employment sector, the transportation department, the corporate world or the day to day happenings, the disabled face several challenges. Most governments have made efforts to ensure that the disabled in the society are equally ...

For RTWMTC, budgeting is important since it will allow the company to plan its expenditures. It will allow for a balance between the capital and recurrent expenditures. This will ensure that the company maintains growth in a balanced manner hence avoiding illiquidity or insolvency. The other reason is that the budget will allow this company to manage its financial information and also review it on a real time basis. This will be achieved by maintaining an automated budgeting system which will ensure that the company makes timely and right expenditure decisions (Besley & Brigham, 2008). Thirdly, it is a means of measuring performance. In ...

Auditor has much to learn from the article "What the Dog Saw". It gives inspiration and advice that is essential of practiced while auditing. It has provided with clues on how to undertake the task in an appropriate and efficient considering the situation and the environment. Malcolm Gladwell pointed some of the activities of which related much to the situations concerning to the business field. The cultural trends of the Americans during 1950s it was a taboo of a woman applying dye on their hair. This is connected with how companies have tied back their original message of which is tampered ...

The War on Terror which is also referred to as the Global War on Terrorism (GWOT) is applied to an international military campaign that was initiated after the September 11 2001 terrorist attacks in America. As an international military campaign, it was intended to eliminate militant organizations such as al-Qaeda, and other terrorist groups so as to end terrorism. The war on terror has taken different directions and phases. Although the results have been good, a lot is at stake (Gardner 624). Nations such as the U.S have spent billions of dollars to end the menace. As a result, death, anger, ...

In our country, politics has been known to be a game for the rich and cunning. This is because of what happens in the Arena, of which the faint in heart cannot handle. To be specific, public money has been noted to be mishandled and misappropriated. The public ends up being taxed heavily in the name of economic development, but only the few benefit from this programs. With these in mind, there is need for a program to be set up to ensure that public money is well spent in areas that majority of the population will benefit. A good example ...

1- What items dominates the budget?

The items that dominate the budget include; education, infrastructural development and private sector initiatives. Other key areas that the budget focus on include creating more jobs for the people and focusing on revenue collection. Domination of items is based on the importance attached to them. Some of the areas that budget focus on are directly related to one another. For instance, in infrastructural development, when the sector is active, a number of jobs can be created as without much of a hustle. The budget focused on critical areas capable of boosting economic stability. In a sense, by looking at the budget, one ...

- What must an entrepreneur do to earn a profit? Entrepreneur provides a differentiated product or service in a market. Therefore entrepreneur launch a new product or service based on the big idea. The profitability of entrepreneur is rooted in their persistence and determination to keep going. The foremost reason is that since the entrepreneur is in competition with established products in the market, profitability may not come along instantly. In order to earn profits, an entrepreneur needs to have a clear idea about the market it wants to target. Risk taking is at the heart of every new venture and ...

First Place Fund’s Objectives

First Place Fund has 5 main objectives. The organization’s first objective is housing stability to former foster youth. Its second objective is to provide economic security to the program participants. The organization believes that for former foster youth to maintain housing, they need to engage in wage employment that pays them a wage that matches the cost of living. Its third objective is to provide educational attainment to former foster youth. The organization is of the opinion that financial success is based not only pegged on having wage employment but on other factors, as well. To ensure transitioning foster ...

Business Cases: Questions and Response (1)

Chapter 7: Social Venture Partners - What are the advantages for a donor of participating in a venture philanthropy organization versus traditional philanthropy? When the care for human value is being talked about, it is always good to work along with others. Relatively, the point of giving assistance to others is often noted as somewhat distinctively dedicated to making sure that human value is recognized accordingly not only for the sake of one but a group of individuals living in a community. In this case, it is assumed that the works to be completed are too numerous to count. With such ...