One of the most baffling questions that economists have to contend with is why people in different geographical regions in the world have entirely different living standards despite the proclaimed influence associated with globalization. Despite the answer being elusive due to its multifaceted nature, it is an important one to ask nonetheless as it helps to identify root causes and bridge the existing gaps. A common observation is that developing countries will, at times, respond favorably to recommended solutions, while others continue to stagnate. Scholars have developed several theories to address the issue of economic stagnation, but most seem to revolve around the idea of reduced investment in the regions. According to Lecuna & Chavez (2018), institutional voids and barriers may encourage unproductive and destructive forms of entrepreneurship and breed negative societal attitudes towards entrepreneurs. Hence, high-growth entrepreneurial activity from domestic or foreign investors may not thrive in an institutional context of voids and barriers. The current research focuses on corruption as a factor argued to undermine institutional ability to promote investment in developing countries and foster growth (Asiedu & Freeman, 2009; Amarandei, 2013). The primary argument made is that corruption adversely impacts resource distribution and that developing economies need to develop robust institutions, in addition to anti-corruption policies, to help identify and solve corruption-related problems.
Value creation refers to the perceived benefit to the customer, in line with the microeconomic concept of utility from a company’s offering to its customers, whether it enhances the quality of life for the customer (B2C) or the company’s profitability (B2B) (Verdin & Tackx, 2015). Therefore, the customer value proposition describes the value firms promise to deliver to its targeted market consistently. It communicates how a firm’s product or service offering effectively meets the targeted consumer needs or solves their problem relative to a rival’s offering (Sheehan & Bruni-Bossio, 2015). The success of the customer value proposition is contingent on how well the consumer needs analysis is, relative to competitor offerings and the firm’s core competencies. The insights help develop the alternatives that will help structure a product or service with attributes that align with customer needs. Ultimately, customer value creation improves service quality, customer satisfaction, and loyalty. It also promotes higher productivity through quality and quantity of service and significant cost reduction for the firm (Gong, 2016). The current report explores the value creation model for OK2B Apparel.
Extant literature on entrepreneurial activities by companies evidences their significant role in economic growth, enhancing innovation, and creating jobs (Estrin et al., 2018, p.425-26). However, realizing the opportunities and benefits accrued from entrepreneurial activities may fail due to the lack of funding. Funding is the foundation on which every start-up thrives, without which it will fail. According to Garg and Shivam (2017, p.22), start-ups normally fail because they run out of capital, experience working impediments resulting from demographic or bureaucratic reasons, the lack of resources, or the failure to meet targets. Either way, funding plays a critical role as a determinant of success or failure of a business, which is why entrepreneurs need to evaluate underlying issues that would cause the start-up to fail so that they can effectively manage their funding. The same applies to lenders as they determine whether they are making meaningful investments and whether the start-ups will effectively and efficiently utilize the finance provided to ensure sustainable growth. It is especially critical for start-ups in the early stages of growth as they struggle to demonstrate their legitimacy into transitioning from conceptualization to commercialization (Islam et al., 2018, p.36). The current report discusses early-stage funding using crowdfunding and why it would be the most appropriate funding strategy for the business. It does so by establishing the strategies used by lenders to invest, the value it will have on the business, and why it is more appealing than other funding sources.
In preparation for the hurricane season, Barney, who owns beachfront property in Florida, enters into a contract with XYZ Contractors to have a wall built to prevent waves from reaching his house. The contract requires that the wall be finished by June 1, which is the start of the hurricane season. The contract has a clause that states “time is of the essence.” During the last week of May, the wall is still 30% incomplete. Even if XYZ Contractors worked around the clock, it would miss the June 1 deadline—a fact that XYZ acknowledges. Barney terminates the contract and hires another contractor to finish the wall.
You are a branding company that wants to sign a one year contract with a production and printing company. The branding company would like the production company to print bags, stickers, boxes, wrapping papers, t-shirts, cups, books, posters and other objects for the branding company as well as the clients under the branding company. Write a formal letter making this request. Make sure to put sizes for the bags and stickers (small, medium, large, square or circle stickers etc. or include sizes in cm, inches or meter for one of the objects).
Tolkien Transport is currently based in Leeds but has plans to expand its operations by setting up another depot in the south of England. The management team has identified four possible locations for the depot and these are listed in the decision matrix below. As a first step they have decided to use a multi-criteria analysis (MCA) to rank the options. After much discussion, the team have decided on three key criteria (Cost, Accessibility and Environmental Impact) against which to judge the options and have agreed on the ratings shown in the matrix, below (running from 4 for the best to 1 for worst under each criterion). The criteria have been weighted as follows: Cost (0.45), Accessibility (0.35) and Environmental Impact (0.2).
Choose a current social issue for sociological analysis, for example, the future of the US democracy, health care, immigration, or BLM etc. Find a few good sociological researches on the issue and read them carefully. Write up what you learned. You may include your own view informed by the research.
Based on the course readings and websites, categorize Israel’s ability to collect intelligence in each of the five disciplines (OSINT, GEOINT, HUMINT, MASINT, SIGINT, and cyber) against hostile nations or organizations as either (1) highly capable; (2) capable; or (3) marginally capable. Be sure your response clearly identifies the specific organization, bureau, or responsible for performing the associated collection.
You are a person working in a team, you have not been working as hard as you normally do/can recently. You should write an email to your manager apologizing for your recent lack of ‘commitment’. You should explain the reasons for this lack of commitment and what you will do to remedy this situation.