The Potential Drawbacks Of Entrepreneurship - 1404 Words

Introduction Introduction This paper scrutinises the extent to which already existing empirical evidence can systematically and collectively corroborate the claim that owning a business has many advantages but has an equal amount of drawbacks which prospective entrepreneurs should be aware of before deciding to own a business. The aim of this research is to depict the potential drawbacks of entrepreneurship. These drawbacks are rarely known or considered by individuals wanting to own a business (Kirby, 2003). They therefore blindly step into the world of entrepreneurship and suffer from the effects of these drawbacks which they did not know of or expect. Importance of this research This paper will be of great use and importance to those who want to own a business because it gives a holistic view of the world of entrepreneurship stating its advantages but also emphasizing on its drawbacks. Having full information about the blessing and curse of being an entrepreneur will make many prospective business owners reconsider their position in regards to owning a business (Scarborough, 2012). It will also psychologically prepare the persons who are determined to venture into the unpredictable adventure of entrepreneurship. Scope of the research Due to the word limit and scope of the research, this paper is not in any way showing a conclusive list of drawbacks but stating the major ones faced by most entrepreneurs in today’s business environment. Additional research must beShow MoreRelatedThe Potential Benefits Of Being An Entrepreneur1190 Words   |  5 PagesACCG 308 Week 1 Homework 1. What might be the potential benefits of being an entrepreneur for you personally? †¢ One of the major advantages of being an entrepreneur is the idea of having financial freedom. Entrepreneur’s salary is based on their effort and thus do not have to worry about what the employer offers them. †¢ Entrepreneurship offers independence as entrepreneurs make their own decisions and are not restricted by company policy. †¢ Another key benefit of being an entrepreneur is thatRead MoreEntrepreneurship Should Be Aware At The World Of Entrepreneurship Essay1531 Words   |  7 PagesOPPORTUNITIES ANYONE PLANNING TO ENTER THE WORLD OF ENTREPRENEURSHIP SHOULD BE AWARE OF ITS POTENTIAL DRAWBACKS Introduction:- Entrepreneurship is defined as the practice of beginning a new trade or reviving an existing business, for capitalizing on fresh opportunities. The statement were analyzing today is all about entrepreneurship. The author here is trying to explain that like every coin has two sides, entrepreneurship also has benefits and drawbacks. Every year the number of people realizing theRead MoreManaging Human Capital Entrepreneurship : Assignment2232 Words   |  9 Pages Managing Human Capital Entrepreneurship Assignment Entrepreneurship Student Name: KHEROUFI MOHAMED EL AMINE Student ID card number: L0180AHAAHA1014 Table of contents †¢ 1.Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3 †¢ 2.Entrepreneur definition†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...3 †¢ 3-Benefits of entrepreneurship†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.4 3-1 Make change†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 3-2 Get control†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 3-3 Collecting high profits†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦5Read MoreAnswer Chapter 1 Entrepreneurship the d1198 Words   |  5 PagesFor lazy student like me (Mey pheap) Chapter 1: Discussion Questions 1. What forces have led to the boom in entrepreneurship in the United States? Answer - Corporate downsizing flooding the market with corporate cast-offs, an attitude that small is beautiful, international economic development due to the fall of communism and the capitalization of former state-owned industries, a dream of freedom and independence, perseverance in achieving results, and the opportunities presented by an ever-changingRead MoreEntrepreneurship Is The Process Of Starting A Business Or Other Organization1136 Words   |  5 PagesEntrepreneurship is the process of starting a business or other organization. The entrepreneur develops a business model, acquires the human and other required resources, and is fully responsible for its success or failure. Entrepreneurship operates within an entrepreneurship environment. The word entrepreneur is French and, literally translated, means â€Å"between-taker† or â€Å"go-between.† The definition of entrepreneurship has evolved over time as the world’s economy has changed as well. In 1934, SchumpeterRead MoreIntroduction to Business Essay919 Words   |  4 Pagescapital, natural resources, entrepreneurship, and technology all play a factor in to a rapid change of pace. They are likely to increase because all of these factors are growing rapidly. 2. What role does entrepreneurship play in the economy? Who stands to gain from the success of individual entrepreneurs? How do other parties benefit? Entrepreneurship is key to the economy and most economies support it. The entire economy is going to gain from an entrepreneurship starting a business. BecauseRead MoreEntrepreneurship Is A Vital Element For Invigorating Monetary Development And Employment Opportunities1361 Words   |  6 PagesINTRODUCTION What happened in the last decade has made entrepreneurship and even innovation that become an integral part of its, important in countries. When the states began to transfer production to the private sector in the market conditions, private sector tended to be more entrepreneurial. When the increase of knowledge production, distribution and use supported this, entrepreneurship began to come to the fore. The meaning of entrepreneurship, starting one’s own business was established by RichardRead MoreThe Entrpreneurship5905 Words   |  24 PagesTHE CHALLENGE OF ENTREPRENEURSHIP The Foundations of Entrepreneurship ——————————————————————————————————————————————————————————————————————— Part One: Learning Objectives 1. Define the role of the entrepreneur in business in the United States and around the world. 2. Describe the entrepreneurial profile and evaluate your potential as an entrepreneur. 3. Describe the benefits and drawbacks of entrepreneurship. 4. Explain the forces that drive the growth in entrepreneurship. 5. Explain the culturalRead MoreThe Entrpreneurship5916 Words   |  24 Pages1 THE CHALLENGE OF ENTREPRENEURSHIP The Foundations of Entrepreneurship ——————————————————————————————————————————————————————————————————————— Part One: Learning Objectives 1. Define the role of the entrepreneur in business in the United States and around the world. 2. Describe the entrepreneurial profile and evaluate your potential as an entrepreneur. 3. Describe the benefits and drawbacks of entrepreneurship. 4. Explain the forces that drive the growth in entrepreneurship. 5. Explain the culturalRead MoreCase study discussion questions1663 Words   |  7 PagesProfessor Edward H. Chow Spring 2013 1. (2/20) Introduction and get acquainted: Entrepreneurship and finance Lecture and discussion: A perspective on Entrepreneurship, Howard H. Stevenson, 1988 (9-384-131) How is finance related to corporate objectives? Note on the financial perspective: What should entrepreneurs know? William A. Sahlman, Harvard Business Publishing (9-293-045) In your view, what is entrepreneurship? Homework: Each discussion group prepares a ppt for a 20-minute presentation

Globalization Local Cultures Essay - 1013 Words

Globalization has been expanding all over the world, yet the debate whether it is good or bad for the world is still being discussed today. Some says that globalization makes the world healthier, but some others insist that the world is worse because of globalization, and it could destroy the tradition values and cultures of other countries. This essay, however, argues that even though globalization has been expanding more and more, traditions, local values and cultures will not be eroded. First of all, new ideas from other countries which are obtained via globalization will enrich local cultures. Secondly, a large variety of product will be brought to other countries, which encourages product diversity. Lastly, people can enjoy many kinds†¦show more content†¦These new products will encourage product diversity, so local people have more options to choose products fitting their cultures. Thus, local people do not need to change their cultures although products that they have been using originate from other countries. For instance, McDonald’s fast foods are present in 115 countries, but its products are suitable for local cultures, such as Ayran (a popular chilled yogurt drink) in Turkey, McLaks (a grill salmon sandwich) in Norway, and Maharaja Macs (no beef for Hindus and no pork for Muslims) in India (Zwingle, E, 2000). An explanation for this problem is that cultures are just matters of appearance, and they are different from country to country. For example, a Christian in Japan is very different from a Chirstian in Europe, democracy from the West has to fit into local social and political structures but not replace them, or when Christianity come to Africa, it adapts to local cultures instead of replacing them (Arste, K, 1999). Likewise, when new products penetrate into other countries, they have to fit into local cultures. Therefore, local cultures are kept unchanged. Although globalization has many impacts on society, it brings other countries many different kinds of entertainment to enjoy and encourages people to learn to get more knowledge via entertainment. These new kindsShow MoreRelatedThe Tension Between Local Culture And Globalization1142 Words   |  5 Pagesthe tension between local culture and globalization. Samir Moussa seems to feel angst over the lack of value placed on indigenous wisdom and techniques. His experience with the sand-fly has highlighted the problems encountered with fatal diseases in the countries he has traveled. Though he applauds the global friendships he has established, he is frustrated by the isolation he feels away from his friends. (Globalization 101, 2011) The opportunities afforded by globalization. Samir Moussa believesRead MoreGlobalization And Cultural Change : Globalization930 Words   |  4 PagesGlobalization Cultural Change Globalization refers the movement toward globally similar social attitudes, linguistic, global trades, through increased connectedness among countries and individuals worldwide. This globalization allows citizens to discover and explore other cultures. As globalization occurs, local cultures need to take an active role. With actively engaged local cultures, globalization can be a win-win situation in both world and local cultures and can lead citizens throughout theRead MoreThe Issues of Globalization on National Cultures of Indonesia1272 Words   |  6 PagesIntroduction The issues of globalization increasingly dominate the universe’s life. The concept of globalization according to Robertson (1992) refers to the narrowing of the world as incentives and increased our awareness of the world, namely the increasing global connections and our understanding of the connection. Globalization is a situation in which no boundaries between the people of the world and links communities in a country with people in another countries. Globalization departs from an idea toRead MoreBook Report on Anthropology of Globalization by Lewellen1571 Words   |  7 PagesChapters 1-2 o Contemporary globalization is an on-going process of not just economic flows, but also cultural flows—the increasing flow of trade, finance, culture, ideas, and people brought about by the technology of communication and travel and by the worldwide spread of neoliberal capitalism†¦ (7). o Globalization is a reality, as well as regionalization and localization. Neoliberal capitalism has a global dominance; regionalism, localization, and globalization form a single, unified systemRead MoreGlobalization and Youth1589 Words   |  7 Pagesout Globalization and Culture mean different things to different people and the emerging generation will shape the future of both. There has been cultural implications are central to understanding human side of globalization in youth culture as a whole. Youth are important but the society does not realize this because they are paying attention to more the cultural side of the problem. No longer is it a question of whether globalization is having an impact on all aspects of human life; the more pressingRead MoreImpact of Globalization on Zimbabwean Culture1676 Words   |  7 PagesGlobalization has had a significant impact on the Zimbabwean culture . Globalization has greatly changed Zimbabwean culture . The effects of globalization on Zimbabwean culture has been quite varied having both positive and negative effects . It is however the writer’s view that globalization has had a largely negative impact on Zimbabwean culture as Rodrik(1971:8) points out that â€Å"globalization creates social and political tensions within andRead MoreIntroduction Globalization960 Words   |  4 Pagesï » ¿Introduction Globalization is an ongoing process integrating economies, industries, markets, cultures, societies and policies around the world. Whether globalization is good or bad is a question that people around the globe are constantly debating over. The answer depends on which part of the world you stand on, for globalization have different impacts on every ‘participant’. The Good The good side of globalization is that it promotes open markets which allows businesses to communicate effectivelyRead MoreCultural Globalization: The Emergence of the Americanized World 685 Words   |  3 PagesAnnan once said, â€Å"Arguing against globalization is like arguing against the laws of gravity†. Globalization is an inevitable phenomenon in human history that brings about greater interconnectivity and integration of people worldwide. Over the past few decades, the pace of global integration has accelerated quickly and dramatically due to unprecedented advancements in technology, communications, science, transport and industry (The World Bank, 2013). Globalization affects economical, cultural, technologicalRead MoreGlobal Local And International Trading990 Words   |  4 Pagesof global phenomena, including globalization. Advances in technology, transportation and international trading are among the contributing factors to the process of globalization. Researc hers have closely studied different dimensions of globalization, and one of them is cultural globalization. As the world is aiming to reach a global culture, there are increasing interpenetration and interaction between global forces and the localities. Therefore, the term ‘global-local nexus’ is coined in order toRead MoreEssay on Going Global Presentation965 Words   |  4 Pagesï » ¿Going global. Is it a myth or reality? The question of whether the globalization is a myth or reality is easily answered to my mind: it is definitely a reality. But to what extend can we call it a reality? In my presentation I’ll disclose the term of globalization, cover the spheres in which globalization can be applied and dwell on the advantages and disadvantages of it. Finally I’ll come to the conclusion that globalization is an inevitable and developing phenomenon which requires citizens of

Iron Crowned Chapter 18 Free Essays

It really felt like that, like I was killing a living thing. And in a way, I was. I was destroying the land’s connection to Katrice. We will write a custom essay sample on Iron Crowned Chapter 18 or any similar topic only for you Order Now The land and its monarch are one. Kind of an esoteric concept †¦ but, well, the truth. I’d certainly felt it in the Thorn Land. It was why I couldn’t ever stay away from that kingdom for very long. It called to me. It was part of me. And so, I was essentially cutting a living thing in two. White-hot power burned through me as I did, the crown’s magic connecting with my own and pouring into the dirt below. I had little sense of my surroundings, save Katrice screaming. Below me, in a spiritual sort of way, I could feel the land resisting at first. It didn’t want to break its ties. In the end, it had no choice. The crown’s magic was too strong. Seconds, minutes, hours †¦ I don’t know how long it took, probably hardly any time at all. But suddenly, it was done. The crown’s power faded from me, and the land lay there open and unclaimed. Raw and wounded. As the magic’s haze wore off, the rest of the world slowly shifted back into focus for me. I stared around at the gaping faces and at Katrice, huddled and sobbing. I thought she’d aged before, but it was nothing compared to now. Being ripped from the land had devastated her. Her dark hair was almost all gray now, her face gaunt and lined. And all around †¦ all around, the land was restless. I could feel its energy, calling out †¦ reaching out †¦ yearning for a new master. Hardly any of the people gathered showed any recognition of this. They were still watching the drama of me and Katrice. A few spectators had puzzled looks on their faces, as though they too could hear the land. It was because they were powerful enough to take it, I realized. The land was already seeking those who possessed the strength to join with it, and looking up, I saw from Cassius’s face that he could sense that. Katrice’s son hadn’t had the power to claim a kingdom, but her nephew did. So, for my next impulsive act of the day, I stuck my free hand into the ground. Just like the last time, soil that started off hard and ungiving soon grew soft and warm. My hand sank into the earth, and I was welcomed, as though someone were clasping my hand in return. Warmth filled my body, a comforting warmth very different from the crown’s searing heat. I closed my eyes, striving to stay with that connection, to show I was worthy. Part of me was already given over to the Thorn Land. I had to fight to claim this land as well. Then, I felt it†¦. I felt the land accept me. And as it did, the ground began to shake. At first, I thought it was just some aftereffect of the magic, but then I remembered what had happened when the Thorn Land had bound itself to me. The land took on the form that spoke to my soul, that was natural and right to me. Aeson’s former kingdom had shaped itself into the Sonora Desert, the land of my birth. The Rowan Land was trying to do the same thing. No, no! Not again. A semi-tropical kingdom transforming into a desert had wreaked havoc on its residents. We’d faced starvation, drought, poverty†¦. It was only recently that the kingdom had gotten on its feet again, becoming prosperous and self-sustaining. I wouldn’t go through that again. Frantically, I tried to think of some other form. But what? I hardly ever left the southwestern United States. A quick image of the Catalina mountains flashed into my mind, the slopes snowy and pine-covered like the day Kiyo and I had fought the demon. I could feel the land start to grip that picture, and I yanked it away. This kingdom had some small mountains, but that was a tiny percentage of its terrain. I couldn’t turn this place into Switzerland or Nepal. Stay the same, stay the same, I begged the land. For the sake of its occupants, I needed the landscape to remain unchanged. It was difficult, though. The land wanted to bond to me, to what was ingrained within my soul. Thinking back to the journey here, I tried to picture the rows and rows of cherry trees along the road. I remembered the sun shining through other deciduous trees and flowers growing in clusters. I thought about the stretch of rowan trees. Stay the same, stay the same. Gradually, the earth around me began to slow its shaking and finally stop – except for one spot. Not far from where I rested my hand, the ground cracked open and leaves and branches burst through. I scurried back, watching in as much awe as I had the first time a magical tree burst forth, growing and unfurling its leaves to full-size in seconds. I held my breath, wondering what it would be, this tree that dictated my new kingdom’s nature. It was †¦ a rowan tree. I wasn’t the only one who thought this was weird. â€Å"Didn’t you claim it?† asked Jasmine, puzzled. I rose to my feet beside her, brushing dust off of my jeans. â€Å"I †¦Ã¢â‚¬  Had I? That was a rowan tree, making this – by all Otherworldly reasoning – the Rowan Land. Which is what it had been already. Maybe it hadn’t worked. Maybe the crown hadn’t done what I expected it to. Maybe Katrice had won it back somehow. But, no. There it was. I felt it. The land. The earth. The rocks. Every leaf and flower. The scents, the colors †¦ they were all sharper and more intense. If I opened myself up, I could feel every single piece of this land. It hummed. It buzzed. The energy was dizzying, and I forced myself to shut it out for a moment. â€Å"No,† I told Jasmine, wonderingly. â€Å"It’s mine.† I stared at the rowan tree, more perfect than any real one could be, its orange-colored berries bright against green leaves swaying in the breeze. I reached out and stroked one of the leaves, vaguely aware of Katrice still sobbing. A tingle of power ran through me. â€Å"It’s still the Rowan Land †¦ except, it’s my Rowan Land.† Things were a little awkward after that. The soldiers were no longer trying to imprison me, but they also weren’t ready to jump at my every order. My companions were of little use. Imanuelle, per her nature, was content to sit back and watch the mess I’d stumbled into. Kiyo wore a disapproving look on his face, and I feared I’d have a lecture coming later. Jasmine still seemed to be in shock. The only time she came to life was when I debated what to do with Katrice and Cassius. Unsurprisingly, Jasmine’s suggestion was to kill them. â€Å"Confine them to her rooms,† I ordered, hoping someone would obey me. â€Å"Guard them with †¦Ã¢â‚¬  I was kind of at a loss. Theoretically, gentry knew how this worked. Whoever controlled the land ruled, but I wasn’t entirely sure the guards around here would be so keen about imprisoning the woman who had ruled them ten minutes ago. Volusian, I thought. Now that I was in control, I could summon him without fear. Then, I realized I needed him for more important things. I looked pleadingly at Kiyo, needing no words. He nodded. â€Å"I’ll watch them.† He turned abruptly, urging the former royalty inside with a couple of guards who’d decided to get on board with me right away. Kiyo being on guard served two purposes. I could trust him to do a good job – and, the longer he did, the longer I was safe from his disapproval. I then spoke the words to bring Volusian to me, the sight of him further frightening those who already watched me with terror. I’d let the storm dissipate, but darkness still seemed to wrap around my minion as his red eyes assessed me, the Iron Crown, and the tree. â€Å"Unexpected,† he said. â€Å"Go to Rurik,† I told him. â€Å"Explain what happened and have him bring an occupying force here immediately.† I didn’t know what that meant exactly, but I did know military control took precedence here if we were going to secure the land. Rurik would know what to do. Governing would come later. â€Å"And then †¦Ã¢â‚¬  Now I hesitated. â€Å"Have Shaya contact Dorian about what happened. Then return to me.† Volusian paused, waiting for anything else I might add. When nothing more came, he vanished, and the sun seemed to shine a little brighter. It was all a waiting game now, and I glanced around at the Rowan Land’s still-stunned residents. â€Å"Well †¦ that’s it. Carry on as usual. Guard the gates. No one leaves. And you †¦ go get your soup or †¦ whatever you’re eating.† That was for the civilians. When no one moved, I hardened my expression and repeated my orders more loudly. Fear flashed across the Rowan citizens’ faces, and they sprang into action. This inner courtyard was huge, and I spotted an unoccupied spot near some carts that must have delivered supplies earlier. I walked over to them, Jasmine following, and sat on the ground. It was a weird spot for a queen, I supposed, but I wanted to rest while waiting for Rurik. Plus, it still let me keep an eye on this delicate and dangerous situation. The bulk of the guards were out here, and I didn’t think mutiny was out of the question yet. People were moving after my commands, but it was mostly to gather in anxious clusters and discuss what had happened. Jasmine sighed and leaned her head back against the wall. â€Å"I want to go home,† she said. â€Å"We will. As soon as Rurik gets here, we’ll head back to the castle and let him deal with this.† â€Å"No.† Her voice was small. â€Å"My other home. The human world.† I turned to her in astonishment, dragging my gaze from some peasants who were begging the guards to let them out. â€Å"What? But you hate that world. You always said this is where you fit in.† â€Å"It is,† she agreed. â€Å"But I just want †¦ I want to get away from all this for a little while. From magic. And castles. And †¦ whatever. I want to watch TV. I maybe want to see Wil. I want to charge my iPod. And my playlist doesn’t suck.† I couldn’t help a laugh. â€Å"I kind of want all those things too. We’ll go soon. We’ll †¦ we’ll cut those chains. I-I’m sorry I don’t have the key with me.† She shrugged. â€Å"It’s fine.† â€Å"Kiyo’s going to be upset about all this,† I murmured, surprised to be confiding in her. â€Å"You did the right thing,† Jasmine said. â€Å"I mean, aside from not killing Katrice and Cassius. But you can still do that.† Any residual smile left on my lips vanished. â€Å"Cassius †¦Ã¢â‚¬  â€Å"They were lying,† she said bluntly. â€Å"He didn’t do anything.† â€Å"Jasmine †¦Ã¢â‚¬  â€Å"I’m serious.† She looked at me, her blue-gray gaze level and steady. â€Å"He talked a lot of talk when he came to see me †¦ touched me a little. But that was it. I think they just wanted to scare me.† She didn’t elaborate on the touching. I didn’t ask. I was just relieved she hadn’t gone through what I had. â€Å"I’m sorry,† I told her. â€Å"I’m sorry I didn’t protect you better.† Now she smiled. â€Å"You did fine. And hey, you ended the war, right? You won.† I turned away, staring off into space. â€Å"I guess I did.† We didn’t talk much after that. I was tired, exhausted from all the magic. Apparently, using an ancient, powerful artifact wasn’t as easy as it seemed. Neither was proving your dominance over a large piece of land. I’d felt wiped out last time but had gotten out of the Thorn Land as quickly as possible. Now, sitting here, I was stuck in the Rowan Land, still acutely aware of its every sensation. That intensity would fade, just as it had with the Thorn Land, but for now, it was like a hammer banging inside my head, demanding attention. I practically flew to the gate when Rurik arrived. Once admitted, he and the force behind him paused. Studying the situation, he had a reaction similar to Volusian’s. â€Å"Really?† â€Å"Things happened kind of fast,† I admitted. â€Å"It was well done. Possessing this land was a much better idea than simply defeating Katrice in battle.† I scowled. â€Å"Well, can you possess it for now?† He grinned. â€Å"Gladly.† Turning from me, he fixed a hard gaze on those gathered. â€Å"You’re all now subjects of Queen Eugenie, daughter of Tirigan Storm King,† he barked. â€Å"Kneel.† I looked on imperiously as they obeyed. I knew this was necessary to establish our control. No weakness, no hesitation. We were conquerors. I’d long since taken off the Iron Crown but wished I’d brought my normal one of authority. Oh, well. It wasn’t like I could’ve foreseen this when packing. Everyone in the keep fell to their knees, heads bowed. We let them stay like that for several seconds while my stomach sank. Finally, they were allowed to rise, and Rurik kicked into full martial law mode, demanding an assessment of all soldiers and issuing rules for servants and refugees. He had a few tasks for me – more actions that made me seem queenly – before finally declaring I could leave. â€Å"I’ll sort out the immediate problems,† he told me in a low voice. My own soldiers were now out and about, establishing order. â€Å"We’ll lock this place down, start scouting the immediate area, sifting out those who can be trusted.† He paused eloquently. â€Å"I’ll probably have to throw a large part of their military into the dungeon.† â€Å"Do what you have to do,† I said. I had a feeling he’d eventually want to talk executions but was holding back for now. I imagined I looked as tired as I felt. â€Å"And you simply want to imprison the former queen for now?† he asked. â€Å"For now.† Jasmine scoffed beside me, and Rurik’s expression showed he shared her opinion. â€Å"Well, don’t stay away long,† he said. â€Å"You need to make your presence felt. And you need to connect with the land.† â€Å"I know, I know,† I grumbled. I’d avoided the Thorn Land before, but it had kept calling me back. â€Å"I know how this works.† He arched an eyebrow, that sardonic smile of his returning. â€Å"Do you? Do you know what’s happened?† I threw my hands up, gesturing around. â€Å"I got stuck with another kingdom.† â€Å"Do you know how many other monarchs control more than one kingdom?† I shook my head, presuming whoever did must live far from me. â€Å"No one,† said Rurik. â€Å"I †¦ What? No.† Dorian had mentioned conquering more than one land, making me think it must happen now and then. The Iron Crown’s purpose suggested as much. â€Å"There must be someone else.† â€Å"No one,† Rurik repeated. â€Å"You’re the only one. The only one in ages †¦ well, except for Storm King.† The world swayed around me again. I once more just wanted to go somewhere and lie down. My reaction brought a bigger smile to Rurik’s face, but I swore there was a little sympathy in his eyes too. â€Å"Congratulations,† he said. â€Å"Congratulations, Eugenie – Queen of Rowan and Thorn.† How to cite Iron Crowned Chapter 18, Essay examples

Cheers Company Business Expansion Samples †MyAssignmenthelp.com

Question: Discuss about the Cheers Company Business Expansion. Answer: Introduction The Australian market is huge and suitable for almost every product but is not big enough to accommodate the ideas of focused entrepreneurs. According to Jensen and Cornwell (2017), growth-minded business people often focus on the rest of the world as their oyster. The same study denotes that the idea of seeking international growth is essential for global entrepreneurs to access more opportunities for customers, with the aim of profit expansion. Focusing the expansion of a business into the international market enables the business to extend the sales life of the existing services and products into the new markets. International business expansion also gives a business competitive experience of the international business competition, an aspect that can give them an added advantage in their ground as pointed out by van Dijk and Buijs (2016, p. 3). Like other global companies, themanagement of CHEERS Company has the desire of expanding their business into the international market with a focus on Brazil and India. This paper hence evaluates the nature of business in the selected countries with a focus on the opportunities and risks that can affect the business. The paper hence settles in examining India as a suitable country for expansion. It then presents the applicable methods of entry into the chosen market. Analysis of risks and opportunities in Indian and Brazilian Markets The craft beer has continued to grow over the past years in India with an increase of 6%. In the year 2014 and 2015 and has grown twice faster compared to the previous years but at a low rate over the past decade (Reuben 2010). There has been an uneven dynamic change in growth rates in the last two preceding years of 2015 and 2016 respectively. The average retail price for beer in 2014-2015 was about 80 rupees, but it has continued growing up to about 120 rupees. Beer forms one of the most consumed products in India. India, with a population of about 1.28 billion, translating to about 18% of the total planet population, it is observable that only about 600 million of the total population is falling below the poverty line. The population barely have food to eat, therefore, does not consider liquor in their daily budgets as their daily income can even afford to sustain the basic needs (Reuben 2010). The population mostly resides in rural areas that are characterized by the poorly devel oped economy and infrastructure. From the remaining 600 million of the population, only about 400 million are below the drinking age hence leaving the 200 million people in the bracket drinking. Among this 200 million, who may be either taking alcohol or not, with a probability of 0.5, it will leave 100 million people who are potential alcohol consumers. According to WHO about is 68% of the world population does not consume alcohol, but in India, the percentage is a bit higher. India is a young country of an average age of 25.1 years and the portion of people of age up to 24 years takes about 47% making the market for beer to be more promising for the Brewers. The number of the potential beer consumers tends to increase by about a million in every year, caused by the constant balance of growth and loss of population (Reubens 2010). The light beer consumption in India can be translated to the poorly developed retail network, making the consumers travel a longer distance and queue at the stores only for them to be abl e to buy beers. The stress that one undergoes tends to discourage a large number of people who may have the urge to consume beer; they will eventually opt for other types of alcohol such as industrialized beers. Consequentially, most of the beer consumers in India are characterized as affluent people with non-conservative who consider it more luxurious expensive item. The correlation between the GDP and the volume of the beer consumption in underdeveloped countries with low incomes such as Sri-Lanka is double of that of India (Appelegate et al. 2013, p. 89).The growth of beer market is mostly affected by the government regulation. The western countries where is observable that the married people take more alcohol than the unmarried unlike in India, the married couple tends to take less alcohol due to the low incomes. The low wages cannot be enough for other budgets and beers. The low GDP and beer consumption can also be related to the religion and philosophy, where the religious beliefs control the decisive influence on the beer consumption. It is common that the Islam and Sikh religions prohibit the use of alcohol and are very strict more than Christianity and Hinduism Hinduism is the dormant religion forming of about 78.4% while Muslims forms about 14.8%, therefore, from the studies it is realizable that most of the alcohol consumers are the Hin dus and Christians. The Mahatma Gandhi philosophy has been one of the primary facilitators of anti-alcohol consumption movement in India. Gandhi always encouraged people to be sober and assisted those people suffering from alcohol in regaining their health after abstaining from alcohol. Gandhis actions against alcoholism were promoted by the nation's ban on alcoholism after independence and the commitment to abstain from it that was stipulated in the constitution and is still effective up to now. There are 29 states in India with separate marketing boundaries. It is observable that a market can frequently show a constant growth in certain specific regions but fail to make good sales in the neighbouring areas (Reubens 2010). The main problem is that most of the Indian brewers do not have control over the pricing of the beer since mostly it is regulated by the government policies such as excise, special VAT, and different alcoholic licenses. Therefore the regulation is seen as dualism since the complete ban will see that there is no revenue collected for the government which is very important. Through this control of beer sales, 2/3 is achievable from the state companies. Therefore, even with small drinking population, India became the second largest world consumer of alcohol and tended to increase in the future though offers little opportunity to the business. Craft beer movement continues to grow in Brazil even though it does not offer the threat to major players in the sector. According to the Brazilian Beer Association, the craft beer market is expecting an increase of about 10% shortly (Alonso et al., 2017). According to the study, the figure of craft beer is more impressive when compared to the 3% perceived increase of the industrialized beers. The increase comes as the craft breweries are building their reputation, brands, increasing their volumes and improving their brands to meet the quality demanded by the Brazilians beer-drinkers. According to studies, Brazil forms the third biggest country in the globe that consumes beer with 1,252 kg and hold about 6.6% of the global share (Casey 2010). Beer in Brazil represents the highest proportion of the liquor market with 60% followed by spirits with 36% and 4% of the wine. Pilsner is the most consumed beer in Brazil with 98% market share as 50% is consumed in the bars and restaurants 45% being distributed through the supermarkets and liquor stores. Most of the beer consumers in Brazil are the young age a population of about 61% it is still observable as relatively small customers due to the low purchasing power. As much it is the third largest beer producing country in the world, the per capita consumption in Brazil is relatively small. The growth rate has increased substantially to about 6.6% per year between the year of 2008 and 2013. The increase is perceivable as twice more than the growth seen in most of the mass producing regions. There has been growing interest in production and consumption has been influencing by the increase in the income. It is observable that the income growth in Brazil is continually expanding at the rate of 3.8% per year. The income elasticity of demand for the beer with a 1% increases the consumers demand the beer by 1.2%. Hence, it is an implication that there is a critical opportunity for growth in the brewing industry (Casey 2010) Brazil crafts beer market consists of more than 300 small breweries that sell its products three times more than the industrial beer brands. Therefore, it is possible for Brazil to register an increase in the market growth over the few years in future hence crafting beer industry has a potential opportunity in Brazil. Selected destination country For many businesses, Errichiello (2017) denote that developed countries such as Japan, Mexico, Europe, and Canada among others are often the obvious and primary targets for most entrepreneurs. However, the Indian market is an example of other fast growing and less competitive markets that are ripe for global business expansion (Husain 2016, p. 72). When a foreign business in advancing towards expansion in a chosen market, it is essential to focus on the infrastructure, the culture of the people, acceptability of the product into the market, and whether there is a familiarity with the product (van Dijk Buijs 2017, P. 89). With stable economic activities such as intensive agricultural activities like horticulture, aquaculture, aviculture, sericulture, etc, the Indian market has strong economic growth just like other emerging economies such as Nigeria, China, Russia, and Turkey among others (Mirsa 2009, p. 110). Technological expansion has also made business easier through the adoption of the e-commerce in addition to greater government support for businesses and companies with the desire to expand overseas as pointed out by Jian and Jing (2017). The same study as well denotes that the mining of crude oil puts money into the hands of the citizens hence giving them the ability to purchase the CHEERS Company products. Discussion and justification of the proposed entry into the chosen market In whatever suitable method of business entry into the international market, themanagement of the company needs to consider certain specific aspects that have both direct and indirect effects of the business (El Kahal 2001, p. 227). For instance, cultural differences, language issues, and legislation are among the primary aspects that should be considered. The study asserts that a business needs to understand the possible influences that the local culture may have on the business to effectively operate with the people as the target customers. It hence requires effective sales and marketing skills that would identify the cultural aspects that need to be considered for effective operation of the business in the Indian market. Even though English is adopted as the most common global business language globally, it will be more effective if the business markets its products in the local language spoken by the target market, an aspect that will require CHEERS to hire professional translato rs and market agencies in the first days of operation into the market. In a systematic review, Mieg (2014) denotes that legislation varies widely in the international market and hence requires the company to adhere to the local laws that govern all foreign businesses operating in the chosen market. In a systematic study, van Dijk and Buijs (2017) denote that there are several methods of entry that can be adopted by a business with the aim of entering into a foreign market. For instance, CHEERS Company Limited can begin with exporting its products into the market. Exportation it is regarded as the easiest and most effective method of business entry into a foreign market that is commonly used by many international companies. The company is a planned exporter that wishes to expand its presence in India. The company can hence begin with exporting its products into the market as a way of monitoring the response of the customers towards its products before physically locating into the market. Anderson and Gatignon (2011) denote that exporting products often requires less investment and is adopted by many international businesses as a handy way of testing and developing the international strategy without a greater commitment. Through exporting, the company can concentrate its producti on in a single location allowing for quality control measures and better economies of scale. The company can as well adopt joint ventures as an arrangement between CHEERS and another competing company in the chosen market with the aim of investment where every business has a share in both themanagement and financial running of the business. According to Jensen and Cornwell (2017), joint ventures are often adopted as an alternative to building a wholly owned manufacturing operation. This method of entry has advantages such as sharing the capital outlay, reducing possible risks such less reduced government interventions, closer control over production, management, and production among other business operations. The joint venture will also give the company better local market intelligence from the indigenous joint venture companies. The company, however, needs to take care of the concept of conflict of interest such as amount invested, profit shares, marketing strategy, and business management. Conclusion From the study, it is evident that business expansion into the international market is essential for every entrepreneur with the desire for market expansion. As a fast growing economy, the Indian market is a suitable market for the expansion of the business than Brazil. Working on building an international brand presence by CHEERS in the chosen market requires the management of the organization to think globally and adopt comprehensive business strategies that will be effective in ensuring proper entry. Therefore, it means that there is a need for care when it comes to the choice of entry of the business into the market as some countries allow restricted levels of import while other methods are questionable on the practical basis. The company also need to gather historical information of the currency value fluctuations as well as the export and import timelines in addition to the laws and regulations governing international business in the Indian market. References Alonso, A., Sakellarios, N. and Bressan, A. 2017, Stakeholders and Craft Beer Tourism Development. Tourism Analysis, 22(1), pp.45-58. 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Rishe, P, Sanders, D, Reese, J, Mondello, M 2016, 'A Heterogeneous Analysis of Secondary Market Transactions for College Football Bowl Games',Sport Marketing Quarterly, 25, 2, pp. 115-127, SPORTDiscus with Full Text, EBSCOhost, viewed 9 September 2017. van Dijk, F, Buijs, P 2017, 'Manual for primary health care on Basic Occupational Health Services. Encouraging publication from India, focused on informal occupations',Asia Pacific Family Medicine, 16, pp. 1-4, Academic Search Premier, EBSCOhost, viewed 12 September 2017.