Anime Business Plan

Exam 2 1. How a clearly defined vision helps a business A. Vision produces direction – companies who spell out the vision for their company focus everyone’s attention on the future and detail the path a business will take B. Vision determines decision C. Vision motivates people- a clear vision excites and ignites people to action D. Vision allows for perseverance in the face of adversity. 2. Define strength, weakness, opportunity, and threats a.Strength- are positive internal factors that inhabit a company’s ability to accomplish its missions goals and objects b. Weakness- are negative internal factors that inhibit a company’s ability to accomplish its missions goals and objectives c. Opportunity’s- positive external forces that a firm can exploit to accomplish its missions goals and objectives. d. Threats- are negative external factors that inhibit a company’s ability to achieve its goals and objectives. 3. Three types of competition Direct, Significant competitors, and indirect competitors.Direct Competitors – offer the same products and services Customers often compare prices Deals among these competitors when they shop. Significant Competitors – offer some of the same services or similar products or services Product or service lines overlap but not completely. Indirect – offers same or similar products only in as small number of areas. 4. Three types of strategies- a. Cost leadership- Strives to be the low cost provider relative to its competition in the industry b.Differentiation- A Company seeks to build customer loyalty by positioning its goods or services in a unique or different way. c. Focus (niche) – a strategy in which a company selects one or more market segments, identity’s customer special needs wants & interests & offers them with excellent service designed to meet their needs. 5. Define complete advantage- the aggregation of factors that sets a small business apart fro m its comptetiors and gives it a unique position in the market segments to its competition. 6. Purpose of easibility analysis- a process to determine whether or not an idea can be transformed into a valid business. 7. Elements in 5 forces model- * Rivalry among competitors in the market(strongest force) Barraging power of suppliers to the industry, bargaining power of buyers, threat of new entrants to the industry, threats of substitute products or services. 8. Definition of business prototyping- a process in which entrepreneurs test their business models on a small scale before committing serious resources to launch a business that might not work. . Three aspects considered in financial feasibility analysis- * Primary research- information that the entrepreneur collects first hand and analyses * Secondary research- information that has already been compiled and is analyzed for use often at a very reasonable cost or sometimes even free. * Focus groups- a market research technique th at involves enlisting a small number of potential customers (usually 8-120) to give an entrepurerure fed back on specific issues about a potential product or service.Or special idea it’s self. 10. Two functions of a business plan- * Guides an entrepreneur by charting the company’s future course of action and devising a strategy for success. * Provides a battery of tools – Mission statements, goals, objectives, market analyses, budgets, financial forecasts, target markets, strategy’s to help entrepreneur lead the company. 11. Most common form of business ownership- Sole proprietorship. 12. Advantages/Disadvantages of sole proprietorship Advantages Simple to create, least costly to being, profit incentive, total decision making authority, No special legal restrictions, easy to discontinue Disadvantages * Unlimited personal responsibility, limited skills & capabilities, feelings of isolation, limited access to capital, lack of continuity in business. 13. Typ es of Corporations – * Domestic- a corporation that does business in the state it was founded in. * Foreign – a company doing business in a state other that where it was founded. Alien – a corporation found in another country but doing business in the U. S * Closely held – a corporation whose shares are controlled by a relatively small number of people Family elatives friends Employees. * Publicly Held – A corporation who has a large number of stock holders usually traded on the stock exchange. 14. Advantagesdisadvantages of corporations- Advantages – Limited liability of stock holders, ablitlty to attract capital , ability to continue indefinitely, Transferable ownership.Disadvantages – Cost and time involved in the incorporation process, double tax, and potential for diminished managerial incentive, legal requirements and regulatory red tape, potential loss of control by founders. 15. Types of partnerships – General Partnersh ip – Partners who share in owning a business and who have unlimited personal liability for partners dept. Limited Partnership – Partners, who make financial investments and partnership, do not take on an active role in managing a business, and whose liability is limited to amount invested. 16.Define Franchising – A system of distribution in which semi-independent business owners pay fees and royalties to a parent company in return for the right to become identified with its trademark, to sell its products or services and often to use its business format and system. 17. Benefits of Franchise – A business system that is proven , manager training and support, brand name appeal, standardized quality of gods and services, national advertising program, financial assistance, proven produces and business formats, combined buying power site selection and territory protecting, greater chance of success. 8. Three types of franchise * Trade name – involves a b rand name without distributing particular products exclusively under the franchiser name * Product Distribution – Involves a franchises licensing a franchisee to sell specific products under the franchisors brand name and trademark though a selective limited distribution network. * Pure – involves providing the franchisee with a complete business format. 19.Definition of piggy back franchise- a method of franchising in which two or more franchises team up to sell complimentary products or services under one roof. 20. Multiple unit Franchising – a method in which a franchiser opens more than one unit in a broad territory with in a specific time period. 21. Franchise Disclosure Document (FDD) – a document that every franchisor is required by law to give potential franchisees before any offer or sale of a franchise outlines 23 important pieces of information. 2. Advantages /Disadvantages of buying an existing business – * Advantages – a success ful business may continue to be successful a successful business may already have the best location employees and suppliers are already established, equipment is already installed and productive capacity is known inventory is in place and tide credit is established new business owners hit the ground running. Disadvantages – It’s a looser the previous owner may have created ill will Employees inherited with the business may not be sustainable the locating is unstable equipment and facility’s may be obsolete change and innovation may be hard to implement inventory may be out of date or obsolete account receivables may be less that face value business may be overpriced. 23. Steps to acquiring a business the right way. a. Analyst your skills and ability’s b. Prepare a list of potential candidates c. Investigate and evaluate candidate business to find the best one d. Explore financing options . Ensure smooth transition by communication with employs. 24. Acquir ing procedures – * Identify and approach candidate * Sign the nondisclosure statement * Sign letter of intent * Buyers due diligence investigation * Draft the purchase agreement * Close the final deal * Begin the transition 25. 5 Ps of negotiation * Preparation – examine the needs of both parties * Poise – Remain calm during the negotiation. * Patience – don’t be in such a hurry * Persuasiveness- know what most important positions are articulate them. * Persistence – don’t give in a first sign of resistance to your position.

Did the wall street crash cause the great deppression?

In the commencing essay, I will be evaluating whether the Wall street crash caused the Great Depression or not. I will be discussing whether is has played a major part in the Great Depression, whether it was just a minor incident. The Wall Street Crash was a defining moment in the American economic history. It occurred on October 29, 1929. Before this, the American economy was booming. During the 1920's, share prices were rapidly increasing and businesses were doing very well. The image the world received from America was that that everyone was rich, which wasn't. The farmers were given very small amounts of money for their work. This meant that people had more money so more products were being sold. There was a lot of speculation that share prices would continue to rise. However, in 1929, the stock markets began to fall dramatically and caused devastating effects on the American economy. This was the beginning of long-lasting consequences for the whole country, and the world. The Great Depression was a long gradual period in which America suffered great economic depression, during which financial activity slowed down and unemployment was high. America had a high rate of starvation, homelessness and poverty. P eople were living in poor conditions with very little money. There were a few causes of the Wall street crash. One was overproduction. Throughout the 1920's there was a man known as Henry Ford began to produce cars at an extremely rapid rate. The amount of goods produced by the industry was increasing especially these auto mobiles,l and consumer goods. However, this was stopped from the 1930's. As a result of overproduction, there was not enough wealth for people to keep on buying. The second cause was the weakness in banks. At the start of 1920, there were 30,000 independent banks. Most of these were small banks, in rural areas. They were liable to being withdrawn loans by their customers in large amounts. 10 years later, 5000 banks were gone, which was 1/6th of the country's banks. Another main reason was the extremely uneven distributions in income. In 1929, a staggering 1/3 of the country's wealth belonged to just 5% of the population. Meaning that just 2/3 belonged to 95%. This was a factor of overproduction as limited amount of people in the country could afford new products. Probably the main reason why the Wall Street Crash happened was that there was an international problem with the economy. The ability of the European country's being able to sell goods to America and helping them out with debts, was limited by a Tariff policy which was introduced. This policy (Smoot-Hawley Tariff) was increasing the tax on imports. As a result they were not helped and assured by European countries with trades. This Wall Street Crash impacted many things. As well as the economic downfall, it also caused banks to come to bankruptcy. People borrowed money from the banks, and when the Wall Street crash happened, they were unable to pay the banks back. More than $8.5 billion was loaned out, which is even more than the entire American economy. This great crash also affected the everyday lives of the American citizens. Over 20 million American citizens lived on $2000 per year. People lost their jobs because the business they worked for couldn't afford their wages. So people began to work in the agriculture. Also, all businesses were struggling to survive in this crash. Share prices increased rapidly, and the businesses were unable to pay for their stock. This was a cycle which inflicted on each other, and each one started from the other. The Wall street Crash itself was not the sole reason of the Great Depression. There was very severe drought in the 1930 in the USA, which impacted America even more. If the farmers were unable to grow crops, how would they receive money, and feed their families? If the businesses do not receive the crops, how would they be able to keep receiving profits? As a result, these farmers had to sell their land. This was when famous author John Steinbeck wrote the book ‘The Grapes of Wrath', which was based on this drought. Also, the Smoot-Hawley Tariff as mentioned above, was a vital part in this depression, as trades were limited. In conclusion about whether the Wall Street Crash caused the Great Depression, personally I believe that the Wall Street Crash was not the sole reason for the Great Depression, but was definitely the main reason. If there was no economic downfall, the Great Depression would not have happened. The Wall street crash opened doors for many different problems, such as bankruptcy. If the Wall street crash itself did not happen, these things would not have occurred.

Pilipinong Pamilya Pantawid Program Essay

These are the main findings of the recently completed assessment of the CCT – the first in a series of evaluations being done on the program – presented today by the World Bank in a public forum held in Quezon City led by the Department of Social Welfare and Development (DSWD) with support from AusAID and the ADB Titled â€Å"Philippines Conditional Cash Transfer Program, Impact Evaluation 2012† the report confirms that children of Pantawid Pamilya beneficiaries are enrolling and attending schools, with improved health due to regular visits to health stations, and pregnant mothers getting proper care. I am pleased to know that the children of poor families are indeed enjoying better and improving access to education and better health services through Pantawid Pamilya,†Ã‚  said DSWD Secretary Corazon Juliano-Soliman. Along with other government programs aimed to reduce poverty, Pantawid Pamilya ensures that no one gets left behind in terms achieving holistic and inclusive growth†Among the Pantawid barangays (villages) surveyed, the report lists the following findings comparing enrolment and school attendance between beneficiaries and non-beneficiaries: * In Pantawid barangays, 76 percent of preschoolers are enrolled in daycare, compared to 65 percent in non-Pantawid barangays; * Among school children at age 6-11, 98 percent of children in Pantawid barangays are enrolled in school, as against 93 percent in non-Pantawid barangays; and * Children in Pantawid barangays from age 6-14 also have higher school attendance (95-96 percent) as compared to children in non-Pantawid barangays (91 percent). The assessment is based on a the analysis of poor 1,418 households eligible for the Pantawid program from a survey covering 3,742 households in the provinces of Lanao del Norte, Mountain Province, Negros Occidental, and Occidental Mindoro. (Currently, there are more than 3 million poor families with more than 6 million children benefitting from the program). Pantawid Pamilya provides cash grants to poor households to encourage them to keep their children of age 0-14 in school and have regular health checks. Also, pregnant mothers are required to avail of proper medical care and their deliveries attended to by health professionals. Mothers are also required to attend family development sessions where they discuss topics on parenting and accessing social services in the community. In health, the study found that: * 64 percent of pregnant mothers in Pantawid barangays had antenatal care as against 54 percent in non-Pantawid barangays; * 85 percent of children in Pantawid barangays age 6-14 have undergone deworming as against 80 percent in non-Pantawid barangays; * 81 percent of children in Pantawid barangays at age 0-5 have taken Vitamin A supplements as against 75 percent in non-Pantawid barangays. According to Ms. Junko Onishi, World Bank’s social protection specialist, Pantawid Pamilya has contributed to reduction in the severe stunting among poor children 6-36 months of age in Pantawid barangays. Stunting in the first two years of life is known to cause irreversible damage later in life including lower educational attainment, reduced adult income, and decreased offspring birth weight. Therefore, reduction in severe stunting among poor children at this age will have long-term benefits, Ms. Onishi said. â€Å"This reduction in severe stunting indicates that CCT is enabling families to better care for their children,† said Ms. Onishi, who presented the highlights of the impact evaluation during the forum. â€Å"More parents in Pantawid barangays (villages) are feeding their children with high-protein food including eggs and fish, leading to improved nutritional status.   Ã¢â‚¬Å"Poor households under the program spend 38 percent more in education per capita   and 34 percent more on medical expenses per capita than their non-Pantawid counterparts. This trend indicates a shift in the spending pattern among CCT beneficiaries towards greater investments in health and educ ation of their children,†Ã‚  said Mr. Nazmul Chaudhury, World Bank’s country sector coordinator for human development, and one of the authors of the report. The study recommends that coordination among health service providers needs to be strengthened to ensure that beneficiary mothers and children get the services they require and to ensure continuity of care. Also, the study suggests exploring the possibility of extending coverage from the current five years, increasing the grant amount for older children, and improving school facilities and services. The impact evaluation study was funded by the World Bank and the Australian Agency for International Development (AusAID). The study was led by the World Bank and   the Department of Social Welfare and Development (DSWD),   in coordination with AusAID and the Asian Development Bank (ADB). The study aims to present empirical evidence on the key outcomes of Pantawid Pamilya. source:   Joint Press Release by World Bank and the Department of Social Welfare and Development (2013/03/1)| DSWD says No to Epal and Yes to Empowering Pantawid Pamilya Beneficiaries| | | Written by Pantawid Pamilya Social Marketing Unit   Ã‚  | Thursday, 31 January 2013 08:44| ShareThisNo more threats. No more epal. These are the main thrusts of Bawal Ang Epal Dito Campaign of the Department of Social Welfare and Development (DSWD) to be launched from January to May 2013 to protect the Pantawid Pamilyang Pilipino Program, from undue politicking and interventions that may affect the program’s integrity. Bawal Ang Epal Dito confronts the issues of external pressures and eliminates the misconception of the beneficiaries about the control of politicians or parties over Pantawid Pamilya.

MOVEO folding electric scooter Assignment Example | Topics and Well Written Essays - 2750 words

MOVEO folding electric scooter - Assignment Example This has resulted to there being more traffic jams in the cities. It is for this that people are looking for alternate travelling means so as to ensure that they arrive at their destinations faster (Avery, 2010). These methods include reducing the number of time that they use their cars and opt for public transport, and this includes the use of scooters and motor bicycles that are not as prone to traffic. It is for this reason that MOVEO has come up with its own solution to this problem; the creation of a foldable electric scooter. The company has designed a scooter that should help and solve this problem for most people that live near or within the city (Petron, 2008). A marketing solution needs to be created so as to make the most out of the vehicle. The framework that is to be used is to ensure that there is better use and endurance that specificity in the marketing of the product. It is to ensure that there is measurability and achievability in the product marketing structure. The Marketing Communication Planning framework shall be used for this purpose. The process entails studying of the market, coming up with objectives, strategies, tactics and evaluation of the market so as to get th e best of the product while still making profits for the company. The market is one that is constantly growing with more companies venturing into the foldable and green mode of transportation (Belch and Belch, 2009). Furthermore, it is due to the fact that the customers want a more mobile and efficient method of travel from one place to another that makes the market receptive to the idea. The market is lucrative and promising due to the increase in the number of people that are buying cars. This is because, with the increased number of vehicles that clutter up the roads, there will be an increased demand for vehicles that are more mobile and efficient in the sector of maneuvering through traffic. The market is receptive to the scooters that are

Dante and The Inferno Essay Example | Topics and Well Written Essays - 500 words

Dante and The Inferno - Essay Example hat have the most masterful and creative way in attributing symbolic retribution for the sins are found in the second which is the sin of lust, seventh is the sin of violence and the ninth and last circle which is the sin of treachery. Dante and his friend Virgil found in the second circle people who were __ with lust when they were still alive. To their surprise, they found famous people in history who is wallowing in the second circle of hell. The famous people from history whom they found in the second layer of hell were the adulterers during their lifetime such as Helen of Troy and Cleopatra. They suffered together with the other people in the circle with a strong wind that refuses to abate giving them eternal trouble and without rest. This strong wind is symbolic of the restless sin of lust that made them commit sin during their lifetime and now haunts them as a retribution in afterlife When Dante reached the seventh circle, he found that this pit was filled with people who were violent when they were style alive. Again, he found mythological figures in history in the seventh circle of hell. There he found Dionysius I of Syracuse, Centaurus and others. This circle of hell however differed from the earlier circles because this hell has three sections – outer ring for the killers, middle ring for the suicidal and the inner right for the blasphemers. The retribution to those who are in the outer right is being dipped for all eternity in the river of boiling blood and fire. The retribution for the suicidal are being turned into food to harpies. Those who are in the inner rings are subjected to burning rain while being in a desert. As expected, Dante’s vortex of hell has the most colorful retribution. There he found Judas who betrayed Jesus with a kiss and other biblical figures such as Cain who murdered his son Abel. Again this is divided into Caina, Antenora, Tolomea and Giudecca where the retributions were being immersed in ice as they look

European Union Law - Article 101(1) Treaty on the Functioning of the Assignment - 1

European Union Law - Article 101(1) Treaty on the Functioning of the European Union - Assignment Example It also increases the part played by national completion authorities (NCA) and national courts in enforcing EU competition law therefore warranting an effective and even application (Cavicchiolli 1991). The main EU competition rules are encompassed in article 101(treaty on the functioning of the European Union TFEU) which covers anti-competitive agreements. The new rules came into force as from June 1, 2010 and will expire in May 2022.A paramount aim of the founding fathers of the European community was creation of a single market. To accomplish this, a compatible, fair and transparent regulatory framework had to be established. The first major decision under article 101 was taken by the commission in 1964 (Kimmer 2011). There is debate surrounding the purpose of the law of competition while some assert that it serves as elimination for substandard firms that are non-competitive. It is argued that the law stands in the way of free flow of goods and services. The general court says that the law is to protect the final consumer whereas Stephen (2010) states its purpose in protection of member states as a whole. The overall bargain however is to maintain a balance between undertakings and the consumer. Article 101 is construed widely. It includes formal and informal agreements, concerted practices where businesses tend to increase or decrease prices simultaneously without physically consenting to do that. Coincidental price increase or reduction will not itself uphold as a concerted activity hence there should be proof that the parties involved were knowledgeable of the fact that their actions may destabilize the normalcy of competition operation within the internal market. In the light of agreements, sheer anti-competitive influence is ample to make it unlawful despite parties being unaware of it or having no intent to spur the effect to occurrence (Okeoghene, 2006). In

Business Structures Coursework Example | Topics and Well Written Essays - 500 words

Business Structures - Coursework Example General corporations exhibit unlimited life. They continue to exist upon the death of the shareholders. It is easier to transfer the ownership of a general corporation. Such transfer take place through sale of stock and does not affect the management of the business. As a business structure, general corporations have limitations. Relative to sole proprietorship, general corporations are expensive to start due to the large capital base required. The formation of general corporations entails more legal formality. They are also subject to many federal and state rules and regulations during their operations. Formation of S Corporation businesses depend on the decision of the owners to avoid income tax while at the same time keep enjoying the advantages associated with limited liability of corporations. In terms of advantages, the S corporations exhibit the same benefits as the general corporations. Distinction between the advantages of the two businesses structures sets in when it comes to tax issue (Jamison, 2009). S corporations enjoy exemption from double taxation that is mandatory for the general corporations. S Corporations escape from double taxation because reporting of incomes occurs once during the filing of personal tax returns of the shareholders. The liability of shareholders in S Corporation is limited. The major disadvantage of this type of business structure is the dominance in decision-making by the majority shareholder. At times, .the decision made may not be to the best interest of other shareholders. The shareholders in the S corporation must come from the United Stat es. Aliens do not have the right to run the business type. During formation of this business structure, certificate of incorporation is a requirement. A limited liability company combines limited liability features of corporations and limited taxation of sole proprietorship.