Globalization of Impact in Society Essay Example for Free

Globalization of Impact in Society Essay The technique and fundamentals used within different parts of the world vary significantly, for modern values prevail. The vastness of globalization has impacted a majority of nations across the world. One way of looking at Globalization through the advantages and disadvantages of its nature is to overlook society’s changes from generation to generation. The complexities of convergence through trade and social processes establish a variety of commodities between cultures. In part of sharing heritages of different cultures the experience of new found goods in intellect and materialistic sources take our interest in influencing positive or negative reactions. W. J. Perry a cultural anthropologist leader wrote a Journal over culture. In the journal he talks about the diversity among cultures and the meaning behind civilizations. He states, â€Å"that various peoples, in different parts of the earth, had, independently of one another, elaborated the fundamentals of arts and crafts† (Perry 105). He describes an interesting point specifying of how the process of these experiences occur, â€Å"independently†. The exposure to foreign cultural goods frequently brings about changes in local cultures, values, and traditions. For instance, local farmers who have traditionally earned a living by working their small plots of family-owned land and selling their goods locally may find reason to be concerned by globalization because new availability of foreign foods in a market- often at cheaper prices- can displace local farmers. Such causes make local residents to hate some variations of globalization. Lieber and Weisberg in â€Å"Globalization, Culture, and Identities in Crisis† give an example of why some hate globalization. â€Å"Others, however, have treated globalization of culture as an evil because of their fears of the pervasive power and duplicity of multinational corporations or international institutions such as the International Monetary Fund (IMF) (Globalization Crisis, Lieber, Weisberg). On the other hand, there are others whom appreciate the resources that globalization brings from foreign places because there is a sympathetic relation to the arts and crafts available and produced by someone who is thousands of miles away for their unique work in particular subjects, like sculptures, food, clothing, books, jewelry, music, and so much more. Lieber and Weisberg also provide an example of the good side of globalization. â€Å"One observer has asserted that, ‘†¦globalization promotes integration and the removal not only of cultural barriers but many of the negative dimensions of culture. Globalization is a vital step toward both a more stable world and better lives for the people within it’† (Globalization Crisis, Lieber, Weisberg). This is a good point because for some regions in part of the world there are some cultures where such kind of integration can improve or further an interest towards one’s well being; for all human beings share a common notion of intellect. A great revolution occurred through technology, The Information Revolution. Many fundamentalist challenge their skills in competing with this new stream of information such as the computer systems, Ethernet, music, movies, and advertising media. This has created a new movement for individuals not only to work within the field and have a source of income and opportunity to grow in the ambition one seeks but it opens a far more modern aspect of enabling a growing culture all over the world. Since technology and computer systems are relevant in many places around the world today this challenges a new generation with new resources to obtain and fit-in as a means of their culture something that did not exist generations before. It allows for prosperity, however, in some areas there still exists a culture that decide to not be influenced by other cultures instead they are enduring a traditional way of living a society that has carried on from generation to generation without technological growth, they are contemporary hunter-gatherer peoples who, after contact with other societies, continue their ways of life with very little external influence. The nature of the hunter-gatherer persisted in technological techniques to specialize in the domain of survival, using techniques that enable men to use resources in creative measures. As Perry states as well in his journal Tradition, talking about hunter gatherer societies; â€Å"Who still persist in outlying parts of the world† (Perry 106). The level of advancement of a civilization is often measured by its progress in agriculture, trade, performance and abilities of oneself/occupation, and ranking within community distinguish the natural rights of oneself. There is a theory called â€Å"Tabula rasa,† that individuals are born without built-in mental content and that their knowledge comes from ones experience and perception† (Locke, John). Locke’s ability to understand this quality of human intellect is very profound. Tradition is an inherited, established, or customary pattern of thought, action, or behavior with cultural continuity in social attitudes, customs, and institutions. Characterizing an individual towards a manner, method, or style such as in America the way of living is much different especially during the midcentury where access to safe, inexpensive electricity was available and made at times simple. Having toasters to house lights to refrigeration, the effects were significant for many Americans. However, not all people benefited from the technological advances that America was attaining. In India and Latin America people did not have the ease access to electricity or technological equipment for the resources a typical American home would have such as the toaster or refrigerator (Jetsetcitizen). The differences between the resources available for a particular society measure considerably in the lack of or more of such customs. Michael Kaye in his journal Tradition condenses the means of this difference very well.

Essays --

 The Civil War lasted for four years, three weeks, and six days. The Civil War caused a numerous amount of good and bad things. Along with the union coming out victorious, slavery was abolished, territorial integrity was gained, the reconstruction era began, and Abraham Lincoln was assassinated. Although, many people were involved in the process leading up to the civil war. Abolitionists played a huge role in the progression in civil rights. They fought for the freedom of slaves and the ceasing of slave trade from Africa. There were many activists involved in this movement, including Harriet Tubman and Sojourner Truth. These two women abolitionists are two of the most dynamic woman and well known abolitionists. Although Harriet Tubman and Sojourner Truth have many similarities, they have certain aspects that allow them to differ from each other. Despite their slight differences, Tubman and Truth were seemingly the most efficient and effective in their duties as abolitionists. Consequently, Harriet Tubman was born a slave into a slave family. As a slave, at five years old, Tubman was "rented" to families where she was put to work winding yarn, checking animal traps, cleaning the houses and nursing children among many more laborious tasks. When she was older, she decided she prefered to work outside of the house as opposed to laboring inside the house with domestic chores. As a teenager, she would upset her owners and often was reprimanded and sent home because of her rebellious attitude. Later on in Tubman’s life, she married a free man and also found out that her mother was freed by her owner, but her mother was never informed of her freedom. This directly affected Tubman because her mother’s freedom also meant that Tubman was b... ...ght her battles and was often victorious. According to Sandra Johnson, in her article Truth and Tubman: Women who fought against slavery, in the Austin Weekly News, 2005, Tubman did not feel Lincoln was working hard enough to free slaves, yet when Truth met with Lincoln she praised him for his efforts. One more difference between the two women is that Tubman worked to free slaves, but Truth fought for women’s rights in addition to ending slavery. In summation, Tubman and Truth were exceptionally brave women who fought for ideals in which they strongly believed. While Tubman’s courage was founded in a rebellious nature, Truth’s courage was based in her faith in a Higher Power. Both women, despite their differences in opposing their foes, have rightfully earned their positions as heroines in American history with their efficient and effective duties as abolitionists.

The present situation in iraq

The Iraq's general condition, including economic and political condition is bad[1]. During the years Saddam Hussein's dictatorship, there was a great dramatic fall of its economy. It was mainly due to the war Hussein aggressively started against Kuwait.   When US and British troops motivated in invading Iraq, which soon caused his defeat, its economic condition became even poorer. Sending powerful armed forces to fully disarm the Iraqi President Hussein was a big historical success but its remnants were a nightmare. The damage caused by the war made the entire population suffer. Everyone faced the same very difficult conditions. Lots of resources, agricultural and other land areas have been damaged.Recently, it appeared on the news[2] that there is a vague clue of reconciliation in Iraq. It says, â€Å"Leaders of the main factions have haggled over issues behind closed doors and urged Parliament to pass some conciliatory measures.† Although there is a temporary ceasefire, st ill the Iraqi leaders, as well as their supporters in the greater Middle East, have so many unfinished settlements on peace agreement.Seeing the present situation in Iraq, the answer to the question regarding new opportunities in the country is indistinguishable.By year 2006, Iraq is fourth[3] on the rank of the greatest oil reserves in the world. While, the current state of DWI is in Syria and in China, having oil reserves of 2.5 billion barrels and 18.3 billion barrels, respectively.[4] In comparison, Iraq has 115 billion barrels of oil deposit. With this much amount of difference, it is very tempting to venture any oil business in the area. It’s clear to have a predictable rise on the DWI revenue if it would have its development in Iraq. This would also give out opportunities to workers to have better compensation. However attempting to expand market share in Iraq would be too risky. Sending groups of people to work for the company in a particular chaotic place is very une thical.This is the primary reason United States law and U.N Sanctions barred any entry of business in Iraq. If DWI would insist to put in their business in the country, they would have to seek support from the US government first. Another option would be to have dealings with country’s parliament. Even if DWI would have settled with the US government or the parliament issues of Iraq, there is still no guarantee of a long-term settlement because the situation among them is even not fixed yet. Lots of deliberation is still going on among Iraqi leaders, and also between the Iraqi leaders and the US government as well. Thus any business dealings with the country these days are still unreliable. The best suggestion would be to wait for the time when there would be a secured peace in Iraq.References:Kjeilen, Tore. (Copyright 1996-2008). Looklex Encyclopedia. â€Å"Iraq: The Iraqi Republic†.Retrieved April 07, 2008 fromhttp://i-cias.com/e.o/iraq.htm.Mahdi, Kamil A. (2003). Ir aq's Economic Predicament. United Kingdom: Ithaca Press.Nafzinger, Wayne E., Frances Stewart, and Raimo Vayrynen.(2002).War, Hunger, andDisplacement: The Origins of Humanitarian Emergencies  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   New York: Oxford Press.[1] Kjeilen, Tore, â€Å"Iraq: The Iraqi Republic†, Looklex Encyclopedia,http://i-cias.com/e.o/iraq.htm, Accessed 07 April 2008. [2] Taken from â€Å"Overview: The Iraq War† The New York Times, http://www.nytimes.com/ref/timestopics/topics_iraq.html#1, Accessed 08 April 2008. [3] Based from â€Å"Greatest Oil Reserves by Country, 2006†, HighBeam Research, LLC.  © Copyright 2005, http://www.infoplease.com/ipa/A0872964.html, Accessed 08 April 2008. [4] Mentioned in â€Å"Syria:Energy and power†, http://www.nationsencyclopedia.com/Asia-and-Oceania/Syria-ENERGY-AND-POWER.html, Accessed 08 April 2008.

Business Communications Essay

* Interim deadlines may be set by individual tutors * You must choose at least one of the two presentations referred to below in Tasks 2 and 6. It is expected that the presentations will take place the week beginning 21st January. A summary of the Assessment and Grading Criteria In order to pass this unit, the evidence that the learner presents for assessment needs to demonstrate that they can meet all the learning outcomes for the unit. The assessment criteria for a pass grade describe the level of achievement required to pass this unit. Summary of the Edexcel Assessment and Grading Criteria| To achieve a pass grade the evidence must show that the learner is able to:| To achieve a merit the evidence must show that, in addition to the pass criteria, the learner is able to:| To achieve a distinction grade the evidence must show that, in addition to the pass and merit criteria, the learner is able to:| P1 Explain different types of business information their sources and purpose.| M1 Analyse the content of P1| D1 Evaluate the appropriateness of business information used to make strategic decisions.| P2 Present complex internal business information using three different methods| M2 Expand on P5 and offer an analysis of the legal and ethical issues| D2 Evaluate the effectiveness of business information and its communication as key contributors to the success of an organisation, using examples to illustrate your points. Unit 4: Business Communications learning outcomes:- 1. Understand different types of business information 2. Be able to present business information effectively 3. Understand the issues and constraints in relation to the use of business information in organisations 4. Know how to communicate business information using appropriate methods. Assignment Task 1 Scenario – You have applied for a job in marketing communications working for Next plc (or another organisation of your choice). Prepare a paper entitled, â€Å"An explanation, analysis and evaluation of different types of information sources and purpose.† (P1, M1, D1). Please note that if you are aiming for a pass, you only need to write an explanation. If you are aiming for the merit you need to offer a detailed analysis and for a distinction you will need to demonstrate that you have evaluated your analysis e.g. look at the advantages and disadvantages of using various types of information sources. Task 2 Scenario You have been successful in your interview and you have been offered the job of assistant marketing communications advisor. Working with another member of the team, your first job is to prepare and deliver a 10 minute presentation on the subject of marketing research. This is to take place the week beginning the 21st January. Continuing to work with your partner, prepare a memorandum report for your supervisor, Jayne Koweleski, explaining the importance of competitor analysis, and design a press release for the general public, informing them of the benefits of on-line shopping with Next. (P2) Task 3 In a memorandum report to your supervisor write up an evaluation examining advantages and disadvantages of various types of business communications, in helping an organisation to improve its performance and be successful. Use a variety of examples to support your evaluation (D2). Task 4 Working with someone else in your marketing communications team, produce two different examples of corporate communications. One must be an advertisement for the press and the other a story board for a TV advertisement. This could be for NEXT plc or an organisation of your choice (P3). Task 5 Prepare an evaluation of two different types of external business communication. One could be a TV advert and another could be a press release. Examine the communication methods and assess their strengths and weaknesses. In the conclusion of your evaluation suggest ways in which the different forms of communication could be improved (P4). Task 6 Working with another member of the team, prepare and deliver a 10 minute presentation, the week beginning 21st January, entitled, â€Å"Understanding the legal, ethical and operational aspects of using business information†. In your presentation include reference to the Data Protection Act 1998, Freedom of Information Act 2000, The Computer Misuse Act 1990, backing up stored information, security of information, health and safety and organisational policies. (P5, P6). Task 7 Write an essay entitled, â€Å"An analysis of legal and ethical issues facing modern business.† (M2) Task 8 Prepare a training session for your colleagues on how to effectively communicate business information. Include in the session: understanding the audience (e.g. gender, expected attentiveness), the use of body language, verbal communication, listening, formal and informal communications (e.g. Meetings) written communication (memorandum), visual (e.g. the use of flow charts, graphs and pictures) electronic communications (e.g. e-mail) (P7).

Do Not Judge A Book By Its Cover Essays - Virtue, Knowledge

Do Not Judge A Book By Its Cover Essays - Virtue, Knowledge Do Not Judge a Book by Its Cover We as teenagers are often defined as shallow, naive, and sometimes uncompassionate youngsters. Most of this recognition comes from our common failure to take social risks and possess an open mind. We are all one student body, yet we are so separated in many aspects. Much of the segregation exists because we are unable to look past appearances. What gives designer clothes, thick lensed glasses, or different hairstyles the authority to determine if we are people who are worth knowing? Would you feel hurt if people rejected you because you had a few pimples on your face? Would it be fair? These days, there is too much emphasis on looks. If everyone would take a brief moment to see the shining wit or loving personality in a person instead of his or her body, then the world would unmistakably be a better place. There are many truly great and natural differences among people. ?Nerds? are not ?football players.? Their talents, skills, and capacities are not the same. An unalterable condition in human society is that the lowest cannot be made equal with the highest. Nature is vain. However, these conditions are adapted to benefit both individuals as well as the community. Life requires varied aptitudes, diverse services, and miscellaneous types of people to carry on its affairs as life as a whole. Drawn by our natural tendencies to fall into peer pressure, in our feelings of inadequacy, we constantly seek to form exclusive associations or ?cliques.? Within these groups, we should discourage any exclusion based on the wrong reasons such as appearances, which many people cannot drastically change. It is important to remember that our harmony depends on our effort and ability to accept others in whatever form they come, even if they are different in ethnicity, religion, or appeara! nce. All forms of conformity are self sacrilege. We are in a state of many changes, a chance to try new things, and to discover who we really are. One?s struggle to be their own person inside as well as out is an admirable task that calls for courage. Do not ridicule those who walk down the hall with mismatched socks pulled up to their knees, or those who wear bright, patterned clothing. They are only expressing themselves and sharing their uniqueness. Our inability to individualize people is a weakness that we must not dismiss. The recognition of our rights, individual and collective, include our most basic obligation: respect for our peers. Next time, think about what is in a hairstyle, or what is in make-up. Sadly, they both have too much significance in our superficial expectations. Man is a person endowed by our Creator with gifts of body and mind. We are all created in His image and likeness. We, as imperfect sinners, do not have the right to judge or question His wisdom. Rather we are obliged to regard our bodies as good and honorable. Mankind is not wrong when he regards himself superior to bodily concerns. For by interior qualities, he can overcome the whole sum of mere things. The intellectual nature of the human person needs to be perfected by wisdom, for wisdom gently attracts the minds of mankind in a quest for love of what is true and good. It is important to remember when wisdom and understanding is present, man can pass through visible realities to discover the real person within. Never judge a book by its cover. Appearances can be deceiving. Within the most unattractive people can lie the most caring hearts. They are able to give to uncaring people, like ourselves, the gifts of forgiveness and friendship. Just imagine that each gift is wrapped with unconditional love and delivered with the most genuine smile. Let there be no more victims of discrimination. Ignore the false perceptions of beauty that society has imposed on us. Remember, true beauty lies within. As soon as one realizes that in their heart, everyone may be better known, better loved, and better served.

30 tips to negotiate the salary you want

30 tips to negotiate the salary you want No matter who you are, no matter what you do as a job, there is one skill that will always (always!) come in handy: negotiation. Whether you’re a newbie just starting out on your career path or a seasoned professional, being able to negotiate salary or raises helps ensure that you’re getting the most out of your career. Before You StartBefore you even get in the room and start negotiating (or crack open your email), there are some tips you should follow first.1. Know your worth.The absolute baseline for any negotiation is knowing what you’re worth. This isn’t some existential exercise- this is knowing the dollar value of your professional skills and experience in the current market, in your current industry. Sites like Salary.com, Glassdoor, and PayScale provide valuable real-time information about what people in your position are making at different companies, in different regions, at different experience levels. Using that kind of data you can get a pret ty solid sense of what you’re worth in the employment marketplace.2. Keep your mindset realistic.Chances are, you’re not going to get everything you want. So before you even start it’s good to steel yourself for an outcome that may be a little less than you were picturing. After all, when you’re done you want to be able to enjoy what you did win here, rather than focus on what you lost.3. Don’t limit your research to salary.If you’re negotiating a job offer, make sure you know everything you can find out about your prospective new company. If their stock is tanking, or there’s a general sense of upheaval, you might not be able to negotiate all that much above an initial offer. If the company is flush and doing well, there might be greater leeway for negotiation.4. Get your plan together.This is not the time to wing it, no matter how confident you feel. Go into this with a specific plan for what exactly what you’re going to ask for, what information you’re going to use to support that ask, and what you’ll say when met with different responses.5. Look at the calendar.Believe it or not, studies have shown that you’re more likely to get a raise if you ask on a Thursday. Maybe it’s pre-weekend goodwill, or it’s that the Monday-related grumpiness has dissipated. Whatever it is, it’s a psychological advantage that could help you, without the other person realizing it.Getting StartedOkay, so you have your numbers in mind (and written down), and you have a realistic sense of where this negotiation can go. How do you kick off the next phase?6. Get pumped.What gets you awake and ready to act decisively and confidently? If that’s a #treatyoself latte, do it. If morning yoga or a run helps energize you and make you feel centered, go for the Zen. Basically, whatever helps you feel focused and confident, make sure you allow yourself time to do that before any negotiation. 7. Exude confidence.You know how baseball players have special walk-up music playing when they come up to bat? Find your walk-up song. Don’t blare it as you enter the room (that’s a bit too extra), but definitely have it in your head as you walk into the room with your head held high. Or if you’re negotiating remotely via email, have your power song(s) playing on repeat in the background.8. Rock your body (language).Body language is one of the most important factors in an in-person negotiation. Strong, confident posture and body language show that you’re comfortable advocating for yourself and aren’t likely to accept whatever they throw your way first. They also show that you’re engaged and approaching this in a calm, friendly-but-businesslike way. Make sure you’re not being too aggressive in your body language, though, because that can backfire as much as being too weak or nervous.9. Remember, you’re not here to make enemies.N egotiation is something done in good faith, assuming that both parties are trying to come to an agreement that works. If you go full-on aggro, you ruin that element of good faith. It’s not going to make your negotiation partner want to give you more- and it much more likely to have the opposite effect. And it’s crucial to remember that this is someone you’ll have to deal with at work after the negotiation is over, so don’t say or do anything you’d regret later.10. Start with the right questions.It can be tempting to jump in with â€Å"here’s what I want,† but this is your chance to get more info about the other party. You can start the conversation about asking about priorities and the other party’s goals for the negotiation. Sure, it’s small talk, but it can help you measure your next step.The Big NegotiationOnce you’re in it (either in the same room or locked in an email exchange), it’s important to keep up your confidence and your momentum.11. Move first.Be the first one to put out a number. There’s an old saying that you don’t want to be the one who blinks first, but that’s not really valid here. By putting your own highest number out first, you’re setting the bar for the conversation.12. Go a little higher than you want.Again, keep it realistic, but if you inflate your upper range a bit the other party will feel like they’re getting a â€Å"deal† when they talk you down from that initial number. Assuming the number is somewhat realistic based on your research, you likely won’t be laughed out of the negotiation room.13. Don’t talk about ranges.In your prep work, you came up with a range of numbers you’d accept. Keep that in your head (or in your notes in front of you), but don’t throw out a target range to the negotiator. Your negotiating partner will automatically zoom in on the lower end of the range, so itâ⠂¬â„¢s better to stick to specific numbers rather than ranges while you’re talking.14. Focus on value.Remember all that background research you did on your professional worth? Here’s where that comes into play. Use industry stats to support your number, and emphasize the qualities that make you a good deal for that price.15. Keep it professional.Don’t bring any personal motivations or justifications into it. This is about negotiating professional compensation. Your cat’s need for expensive liposuction surgery just doesn’t (and shouldn’t) register as a valid reason why you should get a raise or a higher starting salary.16. Keep asking questions.If your negotiating partner seems resistant to any of the requests or information you’re putting out, it’s okay to ask why they seem hesitant or why they are surprised/unhappy/unwilling to move in the direction you’re trying to move.17. Listen actively.It can be easy to focus on th e offers being made and ignore everything else but the numbers flying back and forth. Make sure you listen to everything the other person is saying and how they’re saying it.Counter-negotiatingThe whole point of this is haggling, right? So you shouldn’t be surprised if your opening offer is rejected. Here’s what to do next.18. Don’t fear the counteroffer.If your number is rejected or met with skepticism, you aren’t obligated to accept whatever they offer in return. Come up with a counteroffer that is as specific and realistic as the last number.19. Stall a little.Even if you know you’re likely to accept the counteroffer they make, don’t agree right away. Take some deliberation time as you review (or at least pretend to) their counteroffer. Feel free to throw in some thoughtful â€Å"hmm†s along the way.20. Consider taking it offline.Negotiations are often done in person or on the phone, but if you primarily correspond with your negotiating partner via email, use that medium. It gives you more flexibility on timing and can help you bluff a bit if you feel your confidence failing.21. Don’t make threats.People don’t respond well to ultimatums. They just don’t. So if your big nuclear option is â€Å"well, then I quit,† don’t use that as a negotiation tactic in the middle. It’s not likely to make the other person willing to hand over exactly what you want and can end up hurting your negotiation in the long run. Similarly, don’t use other job offers as bait in a negotiation- it can sound like a threat.22. Have non-money options in mind.If you suspect that salary negotiations aren’t going to go far, consider including benefits like flex time, a better title, or other workplace concessions as part of your counteroffer.Accepting (Or Walking Away)At a certain point, you’ll have budged as far as you’re willing to go, and so will have your negotiat ion partner. It’s time to start thinking about your negotiation exit strategy.23. Know your limit.Before you start, you should know what your dealbreaker point is. If it’s a new job, maybe that’s your current salary. If you’re trying for a raise, maybe that’s a 3% increase. Whatever your personal limit is, know it and stick to it.24. Accept graciously.If you’re on board with the negotiated salary, be a good winner. Don’t act begrudging, like you’re doing a favor by taking this offer. And don’t gloat if you ended up getting a better deal than you expected. Be a good winner.25. Don’t take it personally.Whatever happens, you shouldn’t take it as a personal slight that you’re not being offered top dollar. You have your priorities, but your negotiating partner has them as well. Those interests are not necessarily a dig at you or a suggestion that you’re not valuable.26. Have an exit plan if necessa ry.If you know that you want to leave if the negotiations don’t go a certain way, don’t stomp out of the room and quit in a huff. But do start preparing for a job search. The knowledge you have about your market value and the feedback you get during this negotiation can help you prepare for whatever professional opportunity comes next.27. Be firm about your limit.If you know you have a certain point that you’re not willing to drop below, stick to it. Try not to panic and take a subpar offer if it’s truly not going to work for you.28. Don’t drag it out.This can get particularly long if you’re doing it via email, but don’t let much time lapse between their offer(s) and your counteroffer(s). Radio silence for more than a day is not going to be met with much enthusiasm.29. Don’t get hung up on mistakes.Maybe you jumped too soon on an offer and regret it. But if you do find yourself making little mistakes along the way, don’t beat yourself up- make a note for next time.30. Live to negotiate another day.Regardless of the outcome, every negotiation becomes a useful tool for Future You. Maybe certain arguments weren’t met with the kind of response you were hoping to get. Maybe their starting offer was way lower than you expected and threw off your game. Whatever happens, you’re getting valuable tools for the next time you do this- and there will be a next time.

Innovation and Entrepreneurship - Case Synopses - KAPAI NEW ZEALAND Essay

Innovation and Entrepreneurship - Case Synopses - KAPAI NEW ZEALAND - Essay Example And the products should not be similar to those that are available in the other restaurants. The interior of the restaurants also was clearly describing that how much the founders are in touch with an eco-friendly environment. In case of the interiors also, James and Justin had a different opinion. And their prices were such that even a single item will not cost more than that of the present minimum wages. The menu choices were like DIY (Do It Yourself). That means the restaurant will provide the different items to the customer and they themselves have to mix the items and fill it to eat. Through this the customers can understand the items used in the salad and can also have a choice in the ingredients. A wide variety of foods are available such as soup, honey, hot cakes, juice etc. The staffs got a shift of 2 to 4 hours per day. So the university students were also working as staff on part time basis. The growth of Kapai is resulted from the local support; this is because they depen ded mostly on the local suppliers. The extraordinary performance leads them to a high profit and thus, James started drawing a salary as an office staff. Since, the demand for the fast food was very high and a number of competitors such as Mc Donald’s, Domino’s, and Pizza Hut already existed, Kapai had to boost up their business. The more usage of fast food led to an over-weighted society and people started behaving very health conscious. All the restaurants tried to balance the fast food and salad items. But the health parts were ignored. The main competitor is a salad store called Reload. The urge to open the franchise increased in their minds. But the competition was very stiff. So the decision was taken to reduce the overhead costs and other expenses. And they planned to start the franchise at their preferred location. Kapai always had the first mover advantage and they wanted the people to accept it as their own. ENTREPRENEURSHIP CHALLENGES Every entrepreneur had to face some sort of challenge during their business life. This is because risk is inherent in each business. From the very stage, where the idea was generated for the venture to be closed down the challenge had to be faced. The possible challenge is â€Å"Finance, management† (Richter Meyer, 2003) for the firm i.e., naming of the firm, staff selection etc. In this case, the challenge is more like when they were running the business rather than in the start-up stage. A number of players were existing in the fast food industry in New Zealand and all of them were having a number of outlets and they were very successful entrepreneurs such as KFC, Mc Donald’s, Domino’s Pizza, Pizza Hut etc. Even though there were a lot of competitors who existed, Kapai could succeed only because they have studied the eating habit of the people and accordingly started their business and earned relatively a good profit. The next thing is that about the location for the next two stores . Their prices for each food were lower than the minimum wage rate of the country and thus the revenue-expense part was a challenge. This is because they had to pay the rent for the building, employee’s salary, purchasing of vegetables etc. Moreover, they were mostly depended on the local suppliers and tried to serve bio-degradable packaged salads and the availability