Family Business 12

Suppose an entrepreneur tells you that he or she has been very successful and has never written a business plan.  He or she asks you why she should write one. 

Suppose an entrepreneur tells you that he or she has been very successful and has never written a business plan.  He or she asks you why she should write one.  How would you respond? What section of your business plan do you think will be the most challenging to develop? Why?

1. How would you respond? 

2. What section of your business plan do you think will be the most challenging to develop? 

3. Why?

Perfect Competition is for Losers?

Perfect Competition is for Losers?

 Available on Wednesday, November 18, 2020 1:45 PM EST

Dear ECON 203 (Rota u. Landstuhl+) Students:

Now that you have a sense of the economics of perfect competition, it’s appropriate to ask if this really is the way of the world.   And, if not, should something be done about?

To “begin your quest for truth,” read a piece authored by PayPal co-founder, Peter Thiel, which first appeared in the Wall Street Journal a number of yeas ago and has since become somewhat of a classic.  (Sometimes it’s worth looking backwards.)

So do you agree that “monopoly is the condition of every successful business”?  And, therefore, the keys to success of the U.S. economy?  Or is the increased purported monopolization of U.S. business strangling the U.S. economy?  (You might wish to skim the piece below.)

Explain your view carefully.  Examples from the readings, of course, are always a good place to start.     Please note.  Your must  choose sides here; i.e., you’re not allowed to be on the fence.

The Business Plan focuses on developing a detailed business plan for a small Family Venture. 

Family Business

Business Plan: complete this project in the steps described below.

The Business Plan focuses on developing a detailed business plan for a small Family Venture.

This Business Plan is where you will exhibit your Family Enterprise Management learning.

Emphasis will be on application concepts, critical analysis as well as the ability to clearly communicate and submit your plan. Your final paper will be your major contribution, where you will exhibit your learning. The details of the Business see outline in attachment

Business plan outline with explanations

Major Topic Headings

1.         Executive Summary

The executive summary provides the reader with an overview of all of the most important facts contained in the plan. Although the executive summary is placed in the front of the business plan, it is actually easier to write it after you have written the entire business plan. Then portions of each section can be used to write a paragraph or two about each of the major topics.

2.         Mission Statement

The mission statement is a concise, well-defined explanation of the purpose of the business and the management’s philosophy. Many experts suggest that the mission statement should be 50 words or less because that restriction on length forces the entrepreneur to be focused. Although mission statements vary, common elements include a description of the products or services offered and the management philosophy of the company’s owner. The mission statement provides direction for the company and prevents the company owners from diversifying into areas that do not serve the original company purpose. For this reason, the mission statement should be written as the first step in developing the business plan.

3.         Business Environment

Successful entrepreneurs constantly analyze the business environment and its impact on the company. This analysis is an important first step in determining whether a business can survive and grow. The business environment is composed of three factors—national trends, industry trends, and local trends.

4.         Marketing Plan

The marketing section of the business plan provides a detailed description of how the company will compete in the marketplace as it sells those products and services.

5.         Management Team

The management and personnel section of the business plan details the human resources that will be needed to operate the business.

6.         Financial Data

If the business plan is going to be used to obtain financing, the financial section is one of the most important.  Start-up costs are costs that are necessary to open the business. Most of these costs will be incurred before the company opens for business. Remember that start-up costs for businesses vary by industry. Also, the financing section of the business plan should identify the type of financing that will be used because this may have a financial impact on you and the company.

7.         Legal Considerations

All entrepreneurs will encounter legal issues throughout the time they operate the business. When planning a business, the entrepreneur must select a form of organization;

8.         Insurance Requirements

Starting and operating a business involve risks of many kinds. Some risks are insurable while others are not. This section lists the most common types of insurance a small business may need.

9.         Suppliers

It is important to identify the suppliers of the business to obtain information concerning the products and services you will need.

10.       Risks

Every business faces two types of risks—controllable and uncontrollable. Controllable risks cannot necessarily be prevented, but the financial loss can be minimized by purchasing insurance. Therefore, the risks of fire, vandalism, damage from storms, and so forth are considered controllable because insurance is avail-able to pay for the financial loss. Uncontrollable risks, however, are those that would have a detrimental financial impact but cannot be covered by insurance.

11.       Assumptions/Conclusions

The final section of the business plan will vary depending on whether the plan is for a new business or for an existing business. If the plan was prepared to determine the viability of a proposed business, the conclusion answers the question, “Is this business feasible?” Keep in mind that the conclusion was reached only by making assumptions throughout the report. If the plan was written for an existing business, assumptions were also necessary and should be stated in this section. The conclusion will then state the future of the business based on the information in the plan.

What is the ‘aid-financed investment fetish’?

Q1: What is the ‘aid-financed investment fetish’? What two historical events contributed to make it the dominant paradigm among policy makers for over fifty years? How or why? Can you think of any recent or current event(s) that have shaped or could shape the way we think about economic growth and economic development? How or why?

Q2: Why does human capital flow from poor to rich countries and not the other way around?

Do you think migration is a good way to reduce poverty and share prosperity? How or why?

Q3: How many kinds of corruption are there? How or why are they different? Is one kind “better” for growth than the other?  In your opinion, what is/are the major causes of corruption? Consequently, what policies do you think would be effective in curbing corruption?、

What were Nixon’s two greatest accomplishments? Explain

1. What were Nixon’s two greatest accomplishments? Explain

2. Why was Nixon so paranoid and why did he tape conversations in the Oval Office?

3. Outline the major events of the Watergate scandal?  Were these isolated incidents?

4. How did Carter undermine the good relations wth the USSR we had established with Nixon and Ford?

5. What are considered two of Carter’s greatest accomplishments?

explain Reaganomics and how it either helped or hurt the economy and the American people.

1. In your own words, explain Reaganomics and how it either helped or hurt the economy and the American people.

2. What was the Ira-Contra Affair? do you believe Reagan really didn’t know? Why?

3. In your own words, what is stagflation and how did we see it affect the American economy?

4. Why did the USA get involved in the Persian Gulf War?  Was the USA the only country to be involved? if not who was involved?

5. What was the reaction of the American people to the Persian Gulf War?

Percy Jackson and the Olympians: The Lightning Thief book report


Percy Jackson and the Olympians: The Lightning Thief by Rick Riordan – a teenage boy finds out that he is a son of a god and is accused of stealing lightning. (The report should be according to the book but not movie because there are differences between book and movie) Task: Evaluate the fantasy novel that you have read. Use the following organisation: 1. Introduction: Book title, author, publication date, background. 2. Fantasy sub-genre and theme 3. Quality of the plot 4. Quality of the action 5. Human nature 6. Human relations 7. Human development 8. Suitability of the narrator 9. Effectiveness of the characters 10. Setting: time, place and culture 11. Magic and/or the supernatural 12. Quality of the language and dialogue 13. Literary style 14. Suggested improvements to the book 15. Conclusion: your opinion and evaluation of the whole story. This is an open-book assignment. You can quote from the novel. This book report should be your own evaluations and analysis of the novel, based on the subject materials. There is no need to use other sources, or to do referencing. Do not quote from websites. This assignment is worth 30% of the total subject grade. The percentages for each part of this assignment are as follows:  Fantasy genre and theme (4%)  Quality of the plot (8%)  Quality of the action (4%)  Human nature (16%)  Human relations (16%)  Human development (16%)  Suitability of the narrator (4%)  Effectiveness of the characters (8%)  Setting: time, place and culture (4%)  Magic and/or the supernatural (4%)  Quality of the language and dialogue (4%)  Literary style (4%)  Suggested improvements to the book: (4%)  Language quality and organisation of the book report: (4%) The total word limit is 1,500 – 2,000 words. Use the percentages above as a guide to how much to write on each topic: for example ‘Quality of the plot’ is worth 8%, so spend about 160 words on it. Spend about 950 words on human nature, relations and development, and the rest on other aspects. For each section, start with a brief description, then evaluate how good, believable, true, just, or functional the story is, and then give reasons with reference to the content of the lectures and tutorials. Lower marks are given for description only. Higher marks are given for description with evaluation and reasons, for example evaluating the story in relation to theories taught in the subject, and how the author’s writing affects the reader. Top marks are given for depth and quality of analysis. Write in full sentences, not note form. Write at least a few words for every section. Use sub-headings; e.g. 1) Introduction Write your full name and your student number at the top of the book report, followed by “Book report on (the title of your book)”. Do not include any other documents. The book report should be typed. It should be in doc , docx, or pdf format. Name the file with your full name and the book title. Common errors to avoid: missing Theme section, using more than 150 words to describe the plot, missing Action section, missing evaluation words (good, well, etc.) in every section, and not enough content from the lectures.

Sound and acoustics:

Sound and Acoustics, Light and Optics, Tsunamis, Coastal Engineering, Optical Fibers, Wireless Communications, Seismic Waves and Earthquakes.
● Examples of possible topics – Sound and acoustics: Ultrasound, industrial applications, usage in the medical fields; Light and optics: Space telescope; Tsunamis: Case study or detection system; Coastal engineering: Wave dynamics; Optical fibers: Technology and design; Wireless communications: Mobile phones.

Term paper
You are required to write a term paper based on the topics covered in this course. The contents do not need to be highly technological, and as examples, an analysis of the social, economical or historical aspects of these technology and phenomena is acceptable. You are asked to conduct a literature search, to go through a rigorous reading task, to understand a topic and to write an assessment in your own words.

● Format of the paper/report – Typical papers consist of 12 to 15 pages, with title, name of author, affiliation, contact information, abstract, introduction (literature review and motivation), methodology, main results with figures, conclusions, acknowledgement, references (authors, name of journals/books, volume/page numbers, year of publication).

● Possible grading scheme: Depth of knowledge (≈40%); Reading materials attempted (≈20%); Style of presentation (≈20%); Grammatical accuracy (≈20%).

● Plagiarism: Software check should be performed and submitted.

● Reading materials attempted: Do NOT rely on websites (e.g. Wiki) only. Try a few real books or papers.

Is Ultrasound as accurate as Mammogram in the detection of benign breast lesions in women with dense breast?

Is Ultrasound as accurate as Mammogram in the detection of benign breast lesions in women with dense breast?

critical vs experimental approaches to studying attitude towards group thinking

Consider and evaluate critical vs experimental approaches to studying attitude towards group thinking