Tuesday, August 25, 2020

The HIPAA Privacy Rule and Marketing Communications Essay -- Medical M

Securing tolerant data is a significant assignment for any medicinal services supplier. The Heath Insurance Portability and Accountability Act (HIPAA), otherwise called the Standards for Privacy of Individually Identifiable Health Information, was affirmed by the United States Congress in 1996. It was the principal demonstration to give national guidelines to the utilization of patient wellbeing data. This protection rule plots the limits for the utilization of individual wellbeing data, including explicit rules to guarantee HIPAA-consistence. So as to advertise under HIPAA, there are sure security governs set up to ensure patients. As per HIPAA, advertising is characterized as â€Å"a correspondence about an item or administration that urges beneficiaries to buy or utilize the item or service†2. This definition can incorporate any sort of advertising correspondence. Advertising additionally incorporates when a secured element is paid by an outsider for quiet wellbeing data th at they can use for their own motivations. It additionally covers instances of a partner conveying and urging patients to purchase or utilize their item or administration. Secured substances, which incorporate wellbeing suppliers, wellbeing plans, and human services clearinghouses, must get approval to utilize patient’s wellbeing data for showcasing however there are a couple of special cases to this standard. Showcasing exercises that are allowed without earlier approval incorporate up close and personal experiences just as giving limited time endowments of little worth, for example, pens or mugs. A genuine case of this would be a secured substance giving new moms a free example of child items as they leave the medical clinic. Secured substances may talk about the medical advantages of an item or administration to a patient, alongside depicting wellbeing plan alternatives, ... ...portant that the medicinal services supplier comprehends when approval from the patient must be gotten and when it isn't required. Information on the HIPAA Privacy Rule is fundamental for any human services supplier just as their staff so as to guarantee that any promoting interchanges are HIPAA agreeable. Works Cited 1) Association for Healthcare Philanthropy. Question 5 †Newsletters, Patient Education. Recovered from http://www.ahp.org/promotion/us/HIPAA/Analysis/Pages/Question5Long.aspx 2) Direct Marketing Association (2002, August). The Privacy Provisions of the Health Insurance Portability and Accountability Act. Recovered from http://www.dmaresponsibility.org/HIPPA/#III1 3) Johnson, P. (2011, September 6). HIPAA: How can it identify with showcasing? Recovered from http://www.oandp.com/online journals/showcasing matters/post/HIPAA-How-Does-It-Relate-to-Marketing.aspx

Saturday, August 22, 2020

The Last Night Of Ballyhoo - Production Critique Essay -- essays resea

This paper is an investigate of a creation of The Last Night of Ballyhoo, a play composed by Alfred Uhry, which was performed and delivered by the Ball State University Theater. Gilbert L. Sprout coordinated the creation and was extremely effective with delivering a really engaging, comedic play with a significant message about the individual predicaments that we as people with various convictions and qualities must experience in our day by day lives. All components of the creation were superbly actualized making The Last Night of Ballyhoo a significant achievement. The entertainers were ideal for the jobs in which they were thrown. For instance, Lala’s (Erin Rae Lengkeek) character should be a sentimental visionary and honest. The on-screen character who depicted Lala worked admirably even her voice and demeanor were very proper for the job. In like manner, the entertainer who played Sunny (Jennie L. Keller) additionally made an impressive showing of depicting her character. Sunny’s character had an increasingly experienced disposition and thusly introduced herself in a progressively grown-up way then her cousin Lala. Her physical highlights likewise contrasted from Lala’s; Sunny was tall, wide and had a decisive voice. Lala then again was shorter, hoped to have had a touch of infant fat left on her casing and had a silly voice. Different characters additionally were all around cast for their jobs, for instan ce Peachy (Matthew Hickman) was depicted to the crowd as having splendid red hair and was depicted however his phone discussion with Lala as having a kidding, wisecracking demeanor. What's more, certain enough when Peachy showed up every one of these attributes could be seen. Lala, Sunny and Peachy are only a couple of the characters that were thrown in the play. Be guaranteed, in any case, that all the others were additionally reasonably thrown for their jobs in the creation. In this way, making the character choice just one of the key components in the production’s achievement. At the point when it went to the discourse of the creation and the comprehension of it the entertainers again worked admirably. Their signals and vocal components all helped in the production’s achievement and were all fittingly utilized by the characters. For instance, when Lala was chatting on the telephone with Peachy she coolly spun the telephone line in her grasp, inclined toward the railing and immaturely played with Peachy. At the point when it came to sound quality all characters extended their voices... ... down the steps, wearing her green Scarlet O’Hara dress and the topic from Gone with the Wind was playing the lighting on the set made it look as though she was in a fantasy like state. The lighting was likewise adequately used to show the traveling every which way of vehicles on the set. The impression of lights on the front entryway of the house were utilized look like those of a car. Indeed, even the last scene had quite recently enough nonattendance of light that the shadows of the characters could be seen lounging around the supper table and asking by candlelight. At the finish of the exhibition the candles were stifled devouring the set in obscurity thus meaning the finish of the creation. My mom proceeded to see the presentation of The Last Night of Ballyhoo the prior night I did. She familiar me with the importance of Ballyhoo and the plot of the play. She expressed that the play was very much done and I would appreciate it. I don’t trust I have seen I better play this year. It was brilliantly assembled and clever and I’m not trying to say that on the grounds that the executive is my theater educator. I wish I hadn’t seen the play on the most recent night of the exhibition, since I would have wanted to see it once more.

Friday, July 31, 2020

Learning about Venture Capital (Nicolas El Baze from Partech Ventures)

Learning about Venture Capital (Nicolas El Baze from Partech Ventures) INTRODUCTIONMartin: Hi, today we are in San Francisco at Partech International with Nicolas. Nicolas, who are you and what do you do?Nicolas: Im a venture capitalist. We are fund that invests in the startups, early stage startups, in technology across the Atlantic, so Paris, Berlin, San Francisco.Martin: Can you name some of them? Maybe some of our readers know them.Nicolas: Well, we can go back in history and go back to Business Objects, a long time ago, we can go more recently, if we want a touch on a Berlin companies, for example Brands4Friends was an investment of ours, more recently La Fourchette in France and Spain, you may have heard of, it was acquired by TripAdvisor. Probably another 150, soMartin: What is your background? And why did you become a VC?Nicolas: As an increasing number of people who come into this business in the Valley and increasingly in Europe too, I came from an entrepreneurial and operating background. So, I was on the entrepreneur side for 15+ years, clos e to 20 years. I started a bunch of companies, most of them failed, a few of them was successful, Partech was an investor in a couple of the companies that I co-founded and as I exited those companies, I was offered the opportunity to come around the table and with a team that I came to trust over the years, and I did that. And its been a lot of fun.Martin: Why didnt you start just another company after youve started several others, but becoming a partner here at Partech?Nicolas: Thats a question I ask myself for a long time. I probably went for a period of easily 2-3 years going back and forth on that. Eventually, its a lifestyle decision, its a very personal decision at some point. In my case, I had young kids, I had some success with my startups before, I wanted to continue to be doing really exciting things and building companies, but I also wanted to kind of find the balance with my personal life and spend more time with my children, so. In the venture business I like to say th at we work a lot, sometimes at least as the entrepreneurs, not quite, but we have a lot of flexibility in how we manage our time. We dont manage people per se. We get involved with companies, with entrepreneurs, with management teams, but we dont have the operating imperative that you have when you run a company. Which is much more demanding in terms of your schedule, and mostly less flexible. So, that was the drive for me. In addition on the positive side, also, the opportunity to work on lots of exciting things vs. just a few, and thats pretty exciting.Martin: And you can diversify your portfolio, so to speak? Just because you focus not only on one ideaNicolas: For me, that wasnt much of criterion. I mean, clearly, theres a portfolio aspect to what we do and you diversify your risk. You also lose in terms of adrenaline. So, youre kind of an advisor, you have to play a buffering role with the entrepreneurs and so, by definition, you dont experience the highs, you only experience th e lows with the same intensity. So thats, that may be a plus or a minus, depending on the person or where you are in your life, butMartin: And what are the major tasks that you are doing and how are they distributed over a week, a month, or a year?Nicolas: At a high level, I would say we probably, people like me probably spend half of our time working with the companies that were involved with, invested in, and the other half looking at stuff: meeting with new companies, meeting entrepreneurs, meeting with people in our network, learning about our environment, being on the lookout. At a high level. Now, in terms of what we do, with the portfolio companies, which was the other part of your question, it really is kind of an on demand role. We, I like to be kind of on demand, on call with the entrepreneurs that we work with. So, in terms of what that means, that can vary in time, and also varies very much with the needs of the company, and also the background of the entrepreneurs. Thei r experience is really what I mean there. Some of the entrepreneurs we invest in are extremely experienced, more so than I am, so what I bring to the table is not so much operating know-how, because they know better, its a different perspective, and maybe kind of a step back strategically on what they do, or maybe related to the Transatlantic connections that we can bring. So, at more of the strategic level.Martin: So, youre more trying to challenge those perspectives of entrepreneur and, on the other hand, trying to help them get in touch with other people that might help them grow this business?Nicolas: I think its a lot of those two things. I think when the reason entrepreneurs want a venture capitalist, or should want venture capitalist on their board, is to bring the perspective they dont have, its to challenge them by definition. Not necessarily to argue, but challenge constructively. And so, the way you should build the board as an entrepreneur is by bringing together people who bring different expertise, different backgrounds. But, whatever that is different than yours. So, thats how it works well. And now, theres specific value that we at Partech can bring because of our global presence, global meaning today mostly Europe and the US. And obviously, we try to bring that value to the table as well, whenever thats relevant. In some cases, that was the other part of my answer, we also deal with a rather very young entrepreneurs, who havent done a lot of things before. So, in that case, the contribution could be a little different. It could be much more operational, it could be advising on budgeting or signing an office lease, or a bank lease, it can be very practical things, as well, were happy to bring that to the table whenever we can.Martin: Ok, great. If the entrepreneur or the business model is performing well, and the business is growing, entrepreneur is happy and the VC is happy. How do you manage when the company youve invested in is going almost bust or likelihood is down? What do you do?Nicolas: Its not different. I like to say that one of the ways I measure whether I am a good board member is if the entrepreneur feels comfortable and free to call me whenever something bad happens, and call me in the real time. Because, ultimately we want to be and we should be on the same side of the table, once weve invested. Were all fighting for maximizing the value of the.., of shareholder value. And so, when something unexpected and bad happens, whether loss of a major customer or partner or people related issues, we should be working on resolving them together. So, I think the key for me is, and should be I think for entrepreneurs, it certainly was for me when I was on that side of the table, is: you want to be able very comfortable discussing issues of the business, whether theyre positive or negative and working through them. Because ultimately, when, if the conclusion at some point at the company is Its not working or Its not wor king as expected or not to the scale that we all wanted, the conclusions that we come to should be the same, whether youre the entrepreneur or the investor. If it makes sense to sell the company vs. growing it independently, that should be a rational decision based on what we all observed from the business. Or, if it makes sense to shut down the company, we dont like when it happens, but it happens. So, it shouldnt be a conflict, its like when youre raising children you want them to come to you as a parent, when something bad is happening or they got in trouble, so you can help resolve, address it, its no different.PARTECH VENTURESMartin: Lets talk about Partech International. Can you give us brief overview of what Partech International looks like, in terms of maybe, structuring, assets under management, or what type of industries or company sizes are you investing in?Nicolas: Sure. So, first, from the branding point of view, we rebranded Partech Ventures, just wanted to clarify tha t for a second. Same thing, both names are out there, but the formal name is Partech Ventures. So, we invest in early stage companies, at different stages of the early stage, meaning seed and after seed. But, the main criteria being we need to see high growth potential. We do this in an international context, and the structure we have is very unique. I think its unique in the industry in the sense that we are between our presence in Berlin, Paris and San Francisco today. We are a single team, single fund structure, we make decisions together, we look at things together, there is no distinction whether you talk to my partner in Paris or me, we will eventually work together on the deal. And if the company, and we think thats huge value add and the differentiator. Not just because we work very well together, which we do, but we look at, when we assess an opportunity, we assess it from this global perspective, we look at the competition from a global perspective, and we look at the upsi de from a global perspective. When we work with a company and get involved, its very fluid if at some point the company needs to move from one side of the Atlantic to the other, and in what form it does that, because there isnt formula that works for everybody, so thats a big differentiator for us. In terms of sectors, its information technologies is the driver. We do things at the, in multiple ends of the spectrum of that, meaning we will invest in innovative consumer services, e-commerce or mobile or whatever that might be, as well as core innovation in infrastructure, whether its around data, the data center, virtualization, cloud, and anything in between. Now, I dont want to make it sound like well invest in just about anything, the key criteria for us are: there has to be technology as either the core enabler or the core reason for the investment. And also we, the number one criteria is the team, the entrepreneurs and the team they build around them. So, we always start from th at: yes, there has to be technology enabler; yes, there has to be a big market; yes, the business model has to make sense. But all of these things that I just named vary over time. Technology may be superior at one point, but then you have competitors, you always have competitors. The market changes, the business model may evolve. But the one thing that doesnt, or shouldnt, or hopefully doesnt change and the one thing that, the constant that we like to base our investment thesis around is the team that we invest in. And so, thats why if you look at our portfolio, you will see, or you look at my personal portfolio, for example, to speak from personal basis, you will see things in core infrastructure, but also in more consumer or business-to-business kinds of services. And the reason for that is, in each case theres a team that I subscribed to, that I want to support, because thats the real reason.Martin: What advice would you give an entrepreneur who has just started, like 6 months, 12 months into the game? On what type of function he should very much focus in his business?Nicolas: Well, Id give them almost the same advice I gave ourselves as investors is: the same care, we exercise at picking the people we invest in, they should exercise in people, in picking the people they bring together. That is true in terms of the people they bring together on the investor side, but its also true in terms of the people they bring together as their core team to start the business, so their co-founder, of course, but the core initial team members are crucial. So, one thing I often see has not being paid enough attention to by entrepreneurs is exactly, is dedicating enough time and resources in the early part of their business life, in assembling that team. People tend to get very enthusiastic about their product, their service, their website, their technology, whatever that is, and just focus on executing and wanting to promote that, which is a good thing, of course they sh ould. But its also really important in the beginning to ensure the viability of your business, the fundability of your business and the competitive advantage of your business to assemble the team. So, as a young CEO and founder you should probably spend half of your time on the people side, and half of the time on the actual business. Im maybe exaggerating in some cases, but not by much, and I think thats often on the place. That would be the main advice Id give.Martin: And with people you mean recruiting, retaining, motivating, or is it only recruiting?Nicolas: You know, I almost dont want to use the word recruiting, because recruiting is an activity you tend to do a little later. What youre looking for in the very early stage, and Im addressing your question from a really early stage point of view, is really assembling a team, and the word teammate is important. You dont want to have employees, you want to have people who subscribe to your vision, who will work to pursue the visio n in a disproportionate way, while theyre compensated in the near term, who will work with you and overcoming obstacles and those are not employees, those are co-founders almost. Even if they come a little later. Thats what I mean by that. Recruiting is, its not easy, but its more technical. When the company is more mature, yes, youre doing a lot of recruiting, and you also want to recruit the right kind of people, but the founder doesnt have to be quite as involved except at the executive level.ADVICE TO ENTREPRENEURS FROM NICOLAS EL BAZE In San Francisco, we talked with venture capitalist from Partech Ventures, Nicolas El Baze, about the investment due diligence process and how to raise venture capital. Furthermore, Nicolas shares his learnings and advice for young entrepreneurs.The transcript of the interview is provided below.INTRODUCTIONMartin: Hi, today we are in San Francisco at Partech International with Nicolas. Nicolas, who are you and what do you do?Nicolas: Im a venture capitalist. We are fund that invests in the startups, early stage startups, in technology across the Atlantic, so Paris, Berlin, San Francisco.Martin: Can you name some of them? Maybe some of our readers know them.Nicolas: Well, we can go back in history and go back to Business Objects, a long time ago, we can go more recently, if we want a touch on a Berlin companies, for example Brands4Friends was an investment of ours, more recently La Fourchette in France and Spain, you may have heard of, it was acquired by TripAdvisor. Probably another 150, soMartin: What is your background? And why did you become a VC?Nicolas: As an increasing number of people who come into this business in the Valley and increasingly in Europe too, I came from an entrepreneurial and operating background. So, I was on the entrepreneur side for 15+ years, close to 20 years. I started a bunch of companies, most of them failed, a few of them was successful, Partech was an investor in a couple of the companies that I co-founded and as I exited those companies, I was offered the opportunity to come around the table and with a team that I came to trust over the years, and I did that. And its been a lot of fun.Martin: Why didnt you start just another company after youve started several others, but becoming a partner here at Partech?Nicolas: Thats a question I ask myself for a long time. I probably went for a period of easily 2-3 years going back and forth on that. Eventually, its a lifestyle decision, its a very personal decision at some point. In my ca se, I had young kids, I had some success with my startups before, I wanted to continue to be doing really exciting things and building companies, but I also wanted to kind of find the balance with my personal life and spend more time with my children, so. In the venture business I like to say that we work a lot, sometimes at least as the entrepreneurs, not quite, but we have a lot of flexibility in how we manage our time. We dont manage people per se. We get involved with companies, with entrepreneurs, with management teams, but we dont have the operating imperative that you have when you run a company. Which is much more demanding in terms of your schedule, and mostly less flexible. So, that was the drive for me. In addition on the positive side, also, the opportunity to work on lots of exciting things vs. just a few, and thats pretty exciting.Martin: And you can diversify your portfolio, so to speak? Just because you focus not only on one ideaNicolas: For me, that wasnt much of cr iterion. I mean, clearly, theres a portfolio aspect to what we do and you diversify your risk. You also lose in terms of adrenaline. So, youre kind of an advisor, you have to play a buffering role with the entrepreneurs and so, by definition, you dont experience the highs, you only experience the lows with the same intensity. So thats, that may be a plus or a minus, depending on the person or where you are in your life, butMartin: And what are the major tasks that you are doing and how are they distributed over a week, a month, or a year?Nicolas: At a high level, I would say we probably, people like me probably spend half of our time working with the companies that were involved with, invested in, and the other half looking at stuff: meeting with new companies, meeting entrepreneurs, meeting with people in our network, learning about our environment, being on the lookout. At a high level. Now, in terms of what we do, with the portfolio companies, which was the other part of your que stion, it really is kind of an on demand role. We, I like to be kind of on demand, on call with the entrepreneurs that we work with. So, in terms of what that means, that can vary in time, and also varies very much with the needs of the company, and also the background of the entrepreneurs. Their experience is really what I mean there. Some of the entrepreneurs we invest in are extremely experienced, more so than I am, so what I bring to the table is not so much operating know-how, because they know better, its a different perspective, and maybe kind of a step back strategically on what they do, or maybe related to the Transatlantic connections that we can bring. So, at more of the strategic level.Martin: So, youre more trying to challenge those perspectives of entrepreneur and, on the other hand, trying to help them get in touch with other people that might help them grow this business?Nicolas: I think its a lot of those two things. I think when the reason entrepreneurs want a vent ure capitalist, or should want venture capitalist on their board, is to bring the perspective they dont have, its to challenge them by definition. Not necessarily to argue, but challenge constructively. And so, the way you should build the board as an entrepreneur is by bringing together people who bring different expertise, different backgrounds. But, whatever that is different than yours. So, thats how it works well. And now, theres specific value that we at Partech can bring because of our global presence, global meaning today mostly Europe and the US. And obviously, we try to bring that value to the table as well, whenever thats relevant. In some cases, that was the other part of my answer, we also deal with a rather very young entrepreneurs, who havent done a lot of things before. So, in that case, the contribution could be a little different. It could be much more operational, it could be advising on budgeting or signing an office lease, or a bank lease, it can be very practic al things, as well, were happy to bring that to the table whenever we can.Martin: Ok, great. If the entrepreneur or the business model is performing well, and the business is growing, entrepreneur is happy and the VC is happy. How do you manage when the company youve invested in is going almost bust or likelihood is down? What do you do?Nicolas: Its not different. I like to say that one of the ways I measure whether I am a good board member is if the entrepreneur feels comfortable and free to call me whenever something bad happens, and call me in the real time. Because, ultimately we want to be and we should be on the same side of the table, once weve invested. Were all fighting for maximizing the value of the.., of shareholder value. And so, when something unexpected and bad happens, whether loss of a major customer or partner or people related issues, we should be working on resolving them together. So, I think the key for me is, and should be I think for entrepreneurs, it certain ly was for me when I was on that side of the table, is: you want to be able very comfortable discussing issues of the business, whether theyre positive or negative and working through them. Because ultimately, when, if the conclusion at some point at the company is Its not working or Its not working as expected or not to the scale that we all wanted, the conclusions that we come to should be the same, whether youre the entrepreneur or the investor. If it makes sense to sell the company vs. growing it independently, that should be a rational decision based on what we all observed from the business. Or, if it makes sense to shut down the company, we dont like when it happens, but it happens. So, it shouldnt be a conflict, its like when youre raising children you want them to come to you as a parent, when something bad is happening or they got in trouble, so you can help resolve, address it, its no different.PARTECH VENTURESMartin: Lets talk about Partech International. Can you give us brief overview of what Partech International looks like, in terms of maybe, structuring, assets under management, or what type of industries or company sizes are you investing in?Nicolas: Sure. So, first, from the branding point of view, we rebranded Partech Ventures, just wanted to clarify that for a second. Same thing, both names are out there, but the formal name is Partech Ventures. So, we invest in early stage companies, at different stages of the early stage, meaning seed and after seed. But, the main criteria being we need to see high growth potential. We do this in an international context, and the structure we have is very unique. I think its unique in the industry in the sense that we are between our presence in Berlin, Paris and San Francisco today. We are a single team, single fund structure, we make decisions together, we look at things together, there is no distinction whether you talk to my partner in Paris or me, we will eventually work together on the deal. And if the company, and we think thats huge value add and the differentiator. Not just because we work very well together, which we do, but we look at, when we assess an opportunity, we assess it from this global perspective, we look at the competition from a global perspective, and we look at the upside from a global perspective. When we work with a company and get involved, its very fluid if at some point the company needs to move from one side of the Atlantic to the other, and in what form it does that, because there isnt formula that works for everybody, so thats a big differentiator for us. In terms of sectors, its information technologies is the driver. We do things at the, in multiple ends of the spectrum of that, meaning we will invest in innovative consumer services, e-commerce or mobile or whatever that might be, as well as core innovation in infrastructure, whether its around data, the data center, virtualization, cloud, and anything in between. Now, I dont want to make it sound like well invest in just about anything, the key criteria for us are: there has to be technology as either the core enabler or the core reason for the investment. And also we, the number one criteria is the team, the entrepreneurs and the team they build around them. So, we always start from that: yes, there has to be technology enabler; yes, there has to be a big market; yes, the business model has to make sense. But all of these things that I just named vary over time. Technology may be superior at one point, but then you have competitors, you always have competitors. The market changes, the business model may evolve. But the one thing that doesnt, or shouldnt, or hopefully doesnt change and the one thing that, the constant that we like to base our investment thesis around is the team that we invest in. And so, thats why if you look at our portfolio, you will see, or you look at my personal portfolio, for example, to speak from personal basis, you will see things in core infrastr ucture, but also in more consumer or business-to-business kinds of services. And the reason for that is, in each case theres a team that I subscribed to, that I want to support, because thats the real reason.Martin: What advice would you give an entrepreneur who has just started, like 6 months, 12 months into the game? On what type of function he should very much focus in his business?Nicolas: Well, Id give them almost the same advice I gave ourselves as investors is: the same care, we exercise at picking the people we invest in, they should exercise in people, in picking the people they bring together. That is true in terms of the people they bring together on the investor side, but its also true in terms of the people they bring together as their core team to start the business, so their co-founder, of course, but the core initial team members are crucial. So, one thing I often see has not being paid enough attention to by entrepreneurs is exactly, is dedicating enough time and re sources in the early part of their business life, in assembling that team. People tend to get very enthusiastic about their product, their service, their website, their technology, whatever that is, and just focus on executing and wanting to promote that, which is a good thing, of course they should. But its also really important in the beginning to ensure the viability of your business, the fundability of your business and the competitive advantage of your business to assemble the team. So, as a young CEO and founder you should probably spend half of your time on the people side, and half of the time on the actual business. Im maybe exaggerating in some cases, but not by much, and I think thats often on the place. That would be the main advice Id give.Martin: And with people you mean recruiting, retaining, motivating, or is it only recruiting?Nicolas: You know, I almost dont want to use the word recruiting, because recruiting is an activity you tend to do a little later. What youre looking for in the very early stage, and Im addressing your question from a really early stage point of view, is really assembling a team, and the word teammate is important. You dont want to have employees, you want to have people who subscribe to your vision, who will work to pursue the vision in a disproportionate way, while theyre compensated in the near term, who will work with you and overcoming obstacles and those are not employees, those are co-founders almost. Even if they come a little later. Thats what I mean by that. Recruiting is, its not easy, but its more technical. When the company is more mature, yes, youre doing a lot of recruiting, and you also want to recruit the right kind of people, but the founder doesnt have to be quite as involved except at the executive level.ADVICE TO ENTREPRENEURS FROM NICOLAS EL BAZEMartin: Imagine you have a son and your son comes to you and says Daddy, I would like to start a company, and hes 15-16 years old. What would you recommend? Nicolas: Go for it. I would give them the same advice I was given when I was young, is I think there is absolutely zero downside or risk in going for what you believe in when youre young. I think there is energy that you have, almost unreasonable mass you have that can bear a lot of fruit. So I would absolutely say go for it, and surround yourself with the right people.Martin: What happens if your son says But Daddy, what happens if it doesnt work out?Nicolas: Great. Youll hopefully learn from it. We like to invest, by the way, in entrepreneurs who failed before. I know from my own experience, I learned a lot more from the experiences that failed, that from the ones that succeeded, because when typically one thing succeeds, its because they went well, its obvious, but also means, it doesnt mean you didn’t have to overcome obstacles, but it means that you solved the problems as they went, as they happen. When you fail, typically, you couldn’t find the answer, and that means you e ncountered really, really strong obstacles, typically those bring a lot of lessons.Martin: Nicolas, you saw so many entrepreneurs and you worked together with them, as well. What have been the major learnings you learned from other entrepreneurs? Where you said Wow, this was some interesting lesson for me, I didn’t know this before, or this is a new perspective that this entrepreneur showed to me? And can you make vivid or so?Nicolas: Thats interesting question. I think what Ive learned, which I knew, but I keep learning over and over is that,.. First of all you have to remember that were not the entrepreneurs, they are, so they know their business typically way better than we do. Theyve thought about it, lived it, living it day to day. And they carry their vision. So, one thing Ive learned over and over is if you pick the right people, and typically you pick them because you trust them, you really have to trust them, because ultimately they know better. It doesnt mean you dont ha ve value to bring, or you cant influence things or you cant advise. But you ultimately need to, if you pick the right people, and that is really the key, once you made that call, you really have to go with them. And the enthusiasm, and thats another lesson, the enthusiasm, the persistence, the determination in pursuing the vision usually pays off. Almost doesnt matter what sector or what the activity is. The passion wins, because everybody, all your competitors will encounter difficulties and obstacles, so its whoever believes in it the most, whoever has the most faith, passion, energy, relentlessness is going to win.Martin: And how and when should an entrepreneur contact you or some other venture capitalist for raising money? If the objective of entrepreneur is raising money, when, how should he connect you?Nicolas: There is no rule for that. I think the key is setting the context correctly. What I mean is, I see entrepreneurs and Im very happy to see entrepreneurs all the time who arent really ready, they just want the informal advice. So, if somehow I get in touch with them or they get in touch with me through the network. Its ok to call a VC and say Im working in this space, I understand you may have an interest in that or So and so told me you might have some interesting input, thats fine. And were more, I know that its true to my partners, too, were open to see entrepreneurs in that context and just provide informal feedback. Were just as happy to see them when they have a very well framed pitch, very happy to do that as well. I think, to us, it makes sense for entrepreneurs, by the way, especially new entrepreneurs or young people, to use every opportunity they have, they can, to get to know investors, to gather advice. Because after the informal discussion they will better know, for example, what interests me or doesnt interest me. Or at what stage I would get involved with a company in a particular space vs. the different space. Because, for example, its a little easier to invest really, really, really early in a company that has very unique technology vs. say a consumer company thats all based on marketing where we may want to see a little more traction before we get involved. And that varies with the investors, so no rule. No rule, just we want to see enthusiasm and as long as the expectations are set correctly.Martin: Thank you very much for your time, Nicolas. And if you want to pitch next time to some of the investors, try to think about whether the market is big enough, whether you have some great technology that solves big enough problem and whether youre really passionate about your idea. Thank you very much.

Friday, May 22, 2020

Caricom - 1012 Words

The Caribbean Community (CARICOM) is an organisation of 15 Caribbean nations (see chart N °1), 12 islands and 3 larger coastal nations in and around the Caribbean sea, bordered by the Atlantic Ocean , The Gulf of Mexico, The United States and South and Central America. This community was established by the Treaty of Chaguaramas which came into effect on August 1973 and which was signed at first by only 4 countries : Barbados, Jamaica, Guyana and Trinidad and Tobago. CARICOM was built in order to promote an economic integration and a real cooperation between its members, in order to coordinate foreign policy and in order to ensure that the benefits of integration are equally shared. Its aim was to take part in the international trade†¦show more content†¦Members are not equal at all, some are developed whereas others are poor, and the result is that there is a real tension between unity and division. As we studied in class, â€Å"some win and some loose†. For example, Trinidad and Tobago clearly is the leader of the group as a major regional supplier of energy, manufactured products and services to other countries. It is also a major market for regionally produced agricultural commodities and food products and continues to maintain its favourable trade position with the rest of the world due primarily to its strong merchandise account (trade in goods) performance. On the contrary, Haiti is one of the poorest country in the world and have other priorities than its neighbours to rebuild the country. Besides, CARICOM faces a geographic problem : the 12 islands are spread over 60 000 square kilometres which makes the access and the transport of goods very long and complex. As a result, the trade bloc is not efficient because of distance and costs of transport. There is also an administration problem : countries do not manage to prioritize. There are too many mandates, in every field, and none of them is respected or applied. The global administration is weak and do not manage to integrate this different countries. The result is that today, there is a longstanding frustration with its slow progress, the trade bloc do not make enough benefits and itsShow MoreRelatedCARICOM ACHIEVEMENTS1541 Words   |  7 Pages Ministry of Foreign Affairs 4th Future Diplomats Essay Competition The Caribbean Community (CARICOM) is celebrating 40 years of integration in 2013. Discuss the achievements of CARICOM in light of the statement and make suggestions for future development. Kerri Mc Neil Happy fortieth anniversary to the Caribbean Community (CARICOM)! An establishment which has transgressed shared colonial history; propelling its fifteen member states andRead MoreThe Advantages and Disadvantages of Caricom Single Market and Economy ( Csme)2337 Words   |  10 PagesAdvantages and Disadvantages of the CARICOM Single Market and Economy (CSME) CARIBBEAN INTEGRATION Introduction Throughout the world many countries have tried to form strong alliances for varying reasons and among the top of that list would be for war and trade. The Caribbean as a region has found it necessary to form such an alliance, not for war but for trade. The need for such alliance gave way to the birth of a Single Market for the Caribbean region - The CARICOM Single Market and Economy (CSME)Read MoreThe Nations of the Caribbean Community (CARICOM)2050 Words   |  8 PagesThe nations of the Caribbean Community (CARICOM) have been working to set up a plan to request reparations from European countries as compensation for slavery. The fifteen countries within CARICOM, including: Antigua and Barbuda, the Bahamas, Barbados, Belize, Dominica, Haiti, Jamaica, Grenada, Guyana, Montserrat, St. Lucia, Suriname, St. Kitts and Nevis, St. Vincent and the Grenadines, and Trinidad and Tobago, have all come together and agreed that they deserve reparations from the European countriesRead MoreEssay about Challenges of Caribbean Society in Achieving National Unity886 Words   |  4 PagesChallenges of Caribbean Society in Achieving National Unity There have been many attempts for the Caribbean nations to come together as one, leading to national unity in the region. Some attempts at unity include: Federation, CARICOM (Caribbean Community), CARIFTA (Caribbean Free Trade Association), CDB (Caribbean Development Bank), UWI (University of the West Indies), CXC (Caribbean Examinations Council), and recently CSME (Caribbean Single Market and Economy), whichRead MoreCaricom s Proposal : Rectify The Economic Problems And Changes Caused By The European Nations Of The World862 Words   |  4 Pagestheir complex history will shed light on a lot of issues and questions many people may have about their lineage. The lives of millions of men and children were displaced at the will of the whites (Europeans). Part of the action plan presented by the CARICOM intends to have people rightfully return to their homeland. The cultural institution will help enrich future generations about the horrors suffered by the victims. History books do not do justice on explaining in depth what exactly happened. EvenRead MoreThe Poverty Within The Caribbean1940 Words   |  8 Pagesbecoming one unit as they would constantly ‘lose’ someone close and ‘gain’ a stranger. In spite of this being a part of the plantation society, it can be said that it does not apply any more, due to the conceptualization of the Caribbean Community (CARICOM), the Caribbean Single Market Economy (CSME) and the founding of the University of the West Indies (UWI). These units facilitate the integration of Caribbean Societies. The exploitation of slaves in the plantation system is directly mirrored by theRead MoreAmerican Free Trade Agreement ( Nafta ) And Mercosur Essay1559 Words   |  7 Pages For instance, some Member States still rely on the Privy Council as their highest Court, despite all efforts made to promote the region’s own court of justice. The Caribbean Court of Justice, which â€Å"settles disputes between Caribbean Community (CARICOM) Member States, and also serves as the highest court of appeals on civil and criminal matters for the national courts of Barbados, Belize, and Guyana† (The Caribbean Court Of Justice). In Belize, for example, an indigenous Maya group filed a caseRead MoreDominica Essay920 Words   |  4 PagesDominica concedes at any rate MFN treatment to all its exchanging accomplices. It has connected the CARICOM Common Outside Tariff (CET) since 1991 and actualized the fourth and last stage of the CARICOM CET decreases on 1 July 2001. The timetable depends on the Orchestrated Commodity Description whats more, Coding System 1996 since 1 January 1999. The tax, as connected in 2002, includes 6,333 levy lines at the eight digit level. 8 Traditions obligations on imports from nonCARICOM nations extendRead MoreThe Fta With Chile Fta1469 Words   |  6 Pagesparticularly gold. However, its growth and prosperity, along with government revenues are based on a narrow range of products and economic diversity is critical for achieving sustainable growth. (Secretariat 2013) 1.2.1 The CARICOM Single Market and Economy (CSM) The CARICOM single market and economy is an integrated development strategy, which started with 3 key features in 1989. These were to (1) Deepen economic integration by advancing beyond a common market towards a single market and economyRead MorePrivy Council vs . Caribbean Court of Justice827 Words   |  4 Pagesof the Caribbean Community (CARICOM) which was established in 2001 and based in Port of Spain, Trinidad and Tobago. It also serves as the highest court of appeals on civil and criminal matters for the member states. In 1973, the  Treaty of Chaguaramas, establishing the Caribbean Community and the Common Market (CARICOM) came into being. This Treaty has since been revised to take into account changes in the global trading environment and the establishment of the CARICOM Single Market and Economy (CSME)

Sunday, May 10, 2020

Effects Of Colonization On The Africana Continent

Effects of colonization on the Africana continent are undisputed. Valuable natural resources were exploited from the countries by the native people for profit in Europe leaving many with minimum means to survive. Lands and families that had torn apart at the hands of the colonists were trying to be rebuilt. Peoples’ culture and traditions, viewed as barbaric and backward by the powerful Europeans, were once again weaving itself into daily lives. Pride was once again among the people. Jomo Kenyatta, known as the Father of the Kenyan Nation, was a man who came from the land he was fighting to reclaim for himself and his people. Land that was simply taken from them, regardless that generations of their family had lived there. Kenyatta†¦show more content†¦He was one of the earliest Kikuyu to leave the confines of his own culture. The Presbyterian missionaries educated him in the Bible, English, math and carpentary. In August 1914 he was baptized with the name Johns tone Kamau. He would later adopt the name Kenyatta from the Kikuyu word for a type of belt he wore, and then the first name Jomo. Around 1922, Jomo Kenyatta left for the urban life of Nairobi and worked as a clerk in the Public Works Department. It was in Nairobi that he became involved in early African protest movements and joined the Kikuyu Central Association (KCA) in 1924. First Pan Kenyan nationalist movement was led by Harry Thuku to protest the white settler dominance in the government. His party, the east African Association, traced it’s roots to the early Kikuyu political groups and was supported by several influential and militant Asians. Thuku was arrested by the colonial authorities in 1922 and was exiled for 7 years. His arrest resulted in the massacre of 23 Africans outside Nairobi’s police station. He was released only after agreeing to cooperate with the colonials, a decision that cost him the leadership of the Kikuyus. This incident united Kenya’s African communities and set the stage for the entry of Jomo Kenyatta, who stepped in and filled the leadership after Thuku . Kenyatta became active in politics in other

Wednesday, May 6, 2020

Case study Partnership Principles Free Essays

Early on childhood instruction plays a critical function as it is the first measure to further physical and cognitive competency in bend to act upon a individual ‘s womb-to-tomb acquisition and accomplishment. To work as a successful early childhood pedagogue, empathy and an apprehension of the early childhood course of study – Te Whariki is requested. Along with this ordinance, an effectual partnership between pedagogues and whanau has appeared as an indispensable and valued assistance to accomplish the mark successfully – to achieve a quality accomplishment for kids ‘s acquisition and development. We will write a custom essay sample on Case study Partnership Principles or any similar topic only for you Order Now Harmonizing to this, the importance of partnership in the context of early childhood service and its cardinal constituents to implement will be discussed in this essay. Definition of teacher-parents ( whanau ) partnership The term ‘partnership ‘ is used to depict a mutual relationship between two parties who collaborate on a joint activity or undertaking. With different valued beliefs which may happen in the procedure of coaction, instructors and whana, in this partnership, complement each other in assorted learning attacks to advance a valuable and choice early childhood instruction service for kids. Similarly, the impression of Te Tiriti o Waitangi, which states about partnership between people who from different cultural backgrounds, Maori and pakeha, to â€Å" mahi tahi – work together † ( Presbyterian Church of Aotearoa New Zealand, 1992. ) in any fortunes. For this ground, in Aotearoa/ New Zealand, the early childhood course of study – Tellurium Whariki have employed the impression of Te Tiriti o Waitangi and suggested in its bicultural attacks for an equal and respectable attitude in learning attacks. Effective partnership and cardinal constituents Teachers ‘ attitude in a partnership with whanau and the scene of teaching method are influential to win the early childhood service ( Lindon, 1997 ) . As Stonehouse ( 1994 ) insisted, â€Å" unless staff in kids ‘s services give precedence to relationships with parents, they do non assist kids † ( p55 ) . Along with the Guiding Principles of Quality in Action, it has besides mentioned directors and instructors should work together â€Å" by admiting parents as first pedagogues and by working collaboratively to develop shared ends and outlooks † ( Ministry of Education,1998, p. 14 ) . Therefore, coaction with parents/whanau in the context of early childhood Centre is one of major appraisal for all pedagogues while promote the lovingness service. In short, a figure of cardinal constituents to accomplish effectual partnership are listed as mentions: Empowerment A ; Involvement Harmonizing to ‘Family and Community ‘ , a rule in Te Whariki, instructors should admit that the engagement of whanau in their instruction attacks is indispensable – â€Å" Families should be portion of the appraisal and rating of the course of study † ( Ministry of Education, 1996, p. 30 ) . Likewise, in order to â€Å" authorise parents/whanau to recommend their kids and do determinations or to act upon the patterns † for their kids ‘s ain goods ( Keesing Styles, 2000 ) , an appropriate teaching method demands to be settled. For illustration, plan a programme for parents/whanau to construct a household portfolio with their kids. These attacks are to promote whanau to analyze Centre ‘s policies and teaching method by take parting their ain kids ‘s acquisition and development procedure. A positive respect and trust between whanau and instructors will be formed whithin the procedure. Communication â€Å" Communication must be meaningful and effectual as it is communicating that forms the footing of partnership † ( as cited in Grey A ; Horgan, 2003, para 18 ) . Inviting whanau to fall in regular meeting â€Å" to discourse their kid ‘s learning advancement, involvements, abilities and countries for development on a regular footing, sharing specific observation-based grounds † ( Ministry of Education,1998, p. 55 ) can be a proper channel for an effectual communicating. Manager and pedagogues should guarantee the communicating with parents/whanau are continued and in two-way. The intent in this attack is for interchanging positions and back uping the single demands. It is besides a scheme to further parents ‘ assurance in the context of early childhood service and increase the chance to better learning attacks by geting their important advices. In add-on, a positive attitude to accept and esteem different ideas or peculiar questions is indispensable. Consultation â€Å" Parental apprehensions and outlooks will change kids ‘s outlooks of themselves † ( Ministry of Education, 1996, p. 30 ) . â€Å" Consultation is the procedure of garnering information to accomplish shared apprehensions, ends, and outlooks that will inform determination devising † ( Ministry of Education,1998, p 51 ) . A statement of doctrine is an illustration to show Centre ‘s cardinal beliefs, vision, values and Centre ‘s instruction. This attack will derive the trust and support from parents/whanau. Decision â€Å" Partnership between parents and professionals is regarded as the â€Å" integrating of different wisdoms † ( as cited in Grey A ; Horgan, 2003, para 16 ) . Contribution from partnership between parents and instructors is valuable in the context of early childhood instruction service as it may act upon the consequence of kids ‘s acquisition and development. In the decision, the authorization and engagement of parents/whanau and appropriate communication and confer withing channels from instructors can assist to build a echt partnership to win the end for a quality service of kids ‘s acquisition and development. However, an effectual partnership may hold trouble to keep, for case, hard personality or unacceptable belief, which may ensue from how an pedagogue perceives him/herself in function of the instruction and how they encourage parents/whanau to step on this partnership. Effective Partnership In Action Introduction To build an effectual partnership with parents/whanau is more hard than holding a pleasant relationship with kids. The ground what I observed is grownups have complex ideas which acquired from the experiences of societal world for protecting themselves from selfishness and injuries. In a relationship of partnership, when differences of personality, belief or value come out, they mislead the determination and neglect to make the end. Unfortunately, this state of affairs go on easy and it ever necessitate a long clip solve and keep the relationship in stable because we are grownups who might come from unexpected background as we need to cognize each other first so acquire into deeper relationship to join forces with. To be a negotiable individual and acquiring effectual communicating accomplishment with an opened-mind will advance quality partnership relationship in this instance. Furthermore, a positive attitude of trust and regard is a cardinal constituent to build an effectual partn ership. As an early childhood instructor, there is a necessary to hold a self-awareness, to accept single differences, to be courageous plenty for challenges and the ability of job work outing since they all count as factors of accomplishment of partnership. In short, to larn to build effectual partnership with parents/whanau, we need more hand-on experience to grok the rule and detect the grade of understanding while using our cognition into pattern. It is an outlook for my acquisition for become a professional in early childhood instruction service. Personal instance survey My brother has a boy named Alvin. He is 16-month old. We live together and I help to look after small Alvin in my trim clip while the parents are busy. Alvin has a strong fond regard with me as I had proven from his actions. He normally becomes exciting when he seeing me around and so be given to run towards me for a large clinch even his parents are playing with him. From my observing, his parents have their ain attacks to raise their ain kid which some of them are against mine. They have pride and have no willing to portion the experiences of Alvin ‘s lovingness to others. In effect, Alvin have had a cautious lovingness from them, for illustration, no outdoor walk without places, no H2O playing and has no much chance to larn to eat by himself as I think he is large plenty to make those in his age. In fact, he is already a 16kg – 70cm fittingness male child and he understands our words most of clip. My teaching method encouraged him to research and meet his milieus safe ly through our interaction. This could be the ground he has strong fond regard to me and intend to listen what I say when he has emotional upset instead than his male parent. In this state of affairs, I feel abashed and fighting in my brother ‘s green-eyed monster and a tense relationship with my sister-in-law. They had complain my action is about to replace their function as kid ‘s ain parents. It sounds a large job in our relationship. Interpersonal communicating schemes I think our relationship is form as a ‘partnership ‘ relationship as I am insouciant carer of Alvin and they are parents. Through our reading stuff for partnership rule and some advises from instructors who are working in my support Centre. I had thought about my job which leads the tenseness between me and Alvin ‘s parents need to be solved by my attitude with communicating scheme. My apprehension from the rule of partnership and Te Whariki acknowledged that I had break the regulation of ’empowerment ‘ which insists the mandate of parents ‘ right and to authorise parents to do determination for their kid ‘s ain goods ( Keesing Styles, 2000 ) . Therefore, I could non derive the regard and trust from my brother or my sister-in-law in this partnership, alternatively, a negative feedback came. Listed some good illustrations from Quality in Action. They are utile assistance to work out my job in this cautiousness partnership and it works good in my pattern. Provide chances for parents/whanau to discourse their kid ‘s larning â€Å" procedure, involvements, abilities and countries for development and sharing specific observation † ; â€Å" Acknowledge the rights of all parents/whanau and their aspirations for their kids † ; â€Å" Listen, value and esteem the positions of parents/whanau † ; â€Å" Invite and empower parents/whanau to lend through their engagement † in the synergistic activity ; â€Å" Consult † and discourse â€Å" with parents/whanau about learning attacks that concern their kids † ; Make parents/whanau feel comfy â€Å" to show their concerns † ; Less the fond regard with kids and promote them to interact with parents and concentrate on their relationship ; In order to delight our relationship from this state of affairs I had explained. I applied the above attacks and communicating accomplishments learned from reading and advises from instructors of support Centre into pattern. As the consequence, trust and regard from Alvin ‘s parents have dismissed my concerns from our tense relationship. I move Alvin ‘s attending back to his parents by promote his trust to his parents when we are all in the same room. For illustration, ‘please listen to what mum/dad said and Dendranthema grandifloruom can assist him ‘ ; or ‘yes, mum/dad is right, why do n’t you travel with them and look into what will go on? It must be good. ‘ In those interaction, There are some suggestion that I gave as deductions to avoid a misinterpretation for taking off parents ‘ power from Alvin ‘s lovingness. For illustration, I asked for parents ‘ permission and their willing before I gave Alvin something else that they have non provided yet. It besides comforted me that we could hold chances to play hide-and-seek with parents ‘ engagement and work together with the same purpose – do Alvin happy. Decision In decision, I am larning to supply a quality lovingness to my nephew through playing and larning from grownups without confounding which side is right or incorrect. The partnership between me and Alvin ‘s parents is building positively in advancement. I had recognized the importance of partnership in child care service as we can back up each other ‘s clip, ability and intelligence as complementation to accomplish our common end for kids ‘s demands. As from my experiences, my communicating accomplishment and attitude with parents, who are besides relation of mine, shall acquire more betterment as I do hold a willing to go a professional and work in the context of early childhood instruction service. I will ne’er halt learn or halt my patterns. It is besides fortunate to hold this experience at place that I could larn from it before I may run into the same state of affairs at workplace. How to cite Case study Partnership Principles, Free Case study samples

Wednesday, April 29, 2020

Response Reaction Essay How To Write It Essay Example

Response Reaction Essay: How To Write It? Paper Response reaction essay is a popular type of writing assignment applied to evaluate the critical abilities of the assignee. This type of writing involves a deeply personal reaction to some information. Such essay is quite tricky and bewilders many students, as it demonstrates the individual understanding of the text and doesn’t give any chance to rely on someone else’s analysis. However, knowing the technique of writing simplifies that matter significantly. Response essay is a paper that is mostly aimed to explain to the reader your perception and your reaction to some information. Usually, response paper summarizes some information and demonstrates the writer’s reaction to the text. It is important to realize that response essay is different from the plain summary. The paper that doesn’t go beyond the given data itself will not bring you a good mark. Of course, you should give your reader the general understanding of the context and summarize the data, but keep in mind that your summary is only a background for your ideas. Similarly, response essay differs significantly from review or evaluation paper. Unlike in these types of writing, in a response paper, you are not supposed to say whether the information involved is bad or good. Perhaps, it is important or insignificant. In a good response essay, the writer does not evaluate the data objectively but explains his or her subjective viewpoint. We will write a custom essay sample on Response Reaction Essay: How To Write It? specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Response Reaction Essay: How To Write It? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Response Reaction Essay: How To Write It? specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Given that you know the purpose and the specific characteristics of the response reaction essay are ready to proceed with the workflow and structure of your final text. Let’s cast some light on the most efficient way of writing your response paper. Writing of the good response reaction essay: trick of the trade It is not uncommon that student becomes completely overwhelmed with the supposed difficulty of the essay writing. As a result of the fear and frustration, the new writer can’t start doing anything. If that has ever happened to you, you already know that the only solution to this problem is to stop panicking and divide your work into doable parts. We will help you with this task, friend! Go ahead and get step-by-step guidance how to write your response reaction essay. Steps to writing reaction paper: Read the paper (or digest any other kind of information). Yes, you need to do that despite any efforts of your friends to prove the contrary. Try to concentrate on text (video/audio) and your feelings. It is useful to think why the data makes you feel in some way or another. Make notes while reading/watching/listening. It will help you grasp all the necessary thoughts at the spot and not spend time trying to remember them later. Additionally, try to highlight all the passages that may be useful in your future paper. You can cite them or use as proofs. Keep in mind, that this part of your response reaction essay may consume a lot of time, but the more time it takes, the easier your future work becomes. React to what you have read. When the reading is over, go over the data and your notes again and formulate the general impression. How do you feel about it? Do you like it? What did you learn from it? Do you agree with it? Why does it make you feel one way or another? Answering these questions will help you understand your reaction better. Some more steps Create your thesis and outline your future essay. Some of the assignments pose a direct question to your future essay. In such case, your thesis statement should answer this question. Otherwise, you need to make your statement by yourself. The thesis statement that is good should cover your overall impression from the data or explain some idea of yours that aroused from it. The outline for the response paper should include an introduction, three or more body paragraphs, and conclusion. Response essay is not subjective writing, and that allows for a more artistic approach to writing. That means that there are a lot of ways to arrange the information in your essay and make it sound like a self-sufficing piece of work. We’d like to share those at the end of the article. Write it! Finally, you are free to commit all your thoughts to paper. Use your notes to enforce your response essay with citations and examples from the text. Additionally, use your outline to include all the necessary information in each of the sections of the paper. Proofread as many times as you can. Then proofread it again. It is the second most important part of your work after reading. Check your spelling and grammar. Make sure that you covered all the main points which you were going to cover. Check the logical flow of your text. It is helpful to read your text aloud while proofreading. When you are sure that the reader will fully understand your response, go and take a good break. The main staples of response reaction essay Enough of general advice! It’s time to define some strict directives for reaction paper. How do you write an introduction to reaction paper? Put your reader in the picture: give some general information about the work to which you are writing a response, including the name of author and title of the work, as well as the central issues. Present a strong and catchy thesis statement or argument. Your introduction should show your perception of the author’s ideas through the prism of your personal experience. How do you write body paragraphs for reaction paper? Dedicate one paragraph to each point you want to discuss. Of course, you can be restricted to the volume of our writing, but make sure that you explained your thoughts fully. It is better to narrow your response to the central points. Use quotes and concrete examples from the original work you have read. Don’t forget to talk about how you feel and why do you feel in such way. Show how your way of thinking is different from the author’s. It is useful to dedicate one paragraph in the body to a summary of your text. How do you write a conclusion for reaction paper? Summarize your points Bring your reader back to your introduction to wrap your work up. Go for creativity! Have you ever dreamt of the career of the writer? The academic paper is not a death sentence for your desire! The thing is that response paper is subjective. The personal writing which allows for the artistic device. The following ideas will help you make a masterpiece and get a good mark for it at the same time. Start your introduction with a story and interrupt it with a central question (your thesis). Then finish the story in your conclusion. Tell what did you expect from the article in the introduction. Tell whether your expectations were fulfilled in conclusion. Pose a question or several questions in the introduction. Conclude text with the answers. Start your essay with the fact that is little-known. Conclude your essay with how article helped you to understand it. Start your essay as a descriptive essay, depicting the subject with sensory images. Conclude it with insights that you’ve found while reading/watching/listening. Start your essay with some general knowledge about the topic. Conclude your essay with specified information which is not widely known. Now you are ready to impress your readers with your thoughtful and frank response reaction essay.

Friday, March 20, 2020

Where Have All The Forests Gon essays

Where Have All The Forests Gon essays What is happening to the Earth? Our home is becoming a barren mass of sorrow. Most people in America are blind to what is going on. Could it be that every individual is just turning a cheek the other way. America is faced with an extremely serious problem, and if it is not acted upon there will be nothing left on Earth. Hopefully it will still be able to thrive after the numerous accounts of human destruction. Deforestation in America is a huge problem with devastating affects to humans. The root causes of this travesty are mainly the ongoing need to increase Americas economic growth, and the idea of frontierism. These two aspects of deforestation tie together well. Together they help define the thought process that Americans have adopted through the years. The essential part of a successful country is their economy. America is one of the largest consumer societies on the planet. Why? The need to gain more and more possessions is ridiculous. Since the nineteen fifties America has s een life through material objects. This has fueled the economic growth in America tremendously. Deforestation is affecting individuals in American society through their need to peruse the consumption of paper products, lumber for homes, heating systems, and furniture. The action that is being taken to solve the negative affects of this ongoing obsession is limited. Frontierism is an ignorant way of life that is adopted by many Americans. The fundamentals of frontierism believe, The Earth is a space of unlimited resources for humans to use at will. Humans are apart from nature and the laws of the natural land do not apply to humans. The well being of humans stems from controlling the environment, (Chiras 34). This is a cluster of ridiculous ideas concocted by the ignorant and selfish minds of humans that are blind to the consequences of future destruction. Frontierism plays a huge role in contributing to deforestation in America because...

Wednesday, March 4, 2020

Nous, Noology, and the Noosphere

Nous, Noology, and the Noosphere Nous, Noology, and the Noosphere Nous, Noology, and the Noosphere By Maeve Maddox My introduction to nous to mean â€Å"common sense† came from my reading of the Inspector Morse mystery novels by Colin Dexter. Morse frequently tells his long-suffering sergeant, Robbie Lewis, to use his: Morse  interrupted him. â€Å"Christ man, youre not in apron strings.  Use your nous!† Nous comes from ancient Greek philosophy in which it is the word for mind. It entered English with the meanings â€Å"mind, intellect, intelligence,† and â€Å"intuitive apprehension.† British speakers use nous colloquially to mean â€Å"common sense, practical intelligence, or gumption.† Some speakers make it rhyme with house; others with noose. Also deriving from the Greek word for mind are the words noology and noosphere: noology noun: the branch of learning that deals with the mind or thinking; the study of the spiritual or distinctively human aspects of humanity. noosphere noun: the part of the biosphere occupied by thinking humanity; (with reference to the writing of P. Teilhard de Chardin) a stage or sphere of evolutionary development characterized by (the emergence or dominance of) consciousness, the mind, and interpersonal relationships, postulated as following the stage of the establishment of human life. Since the 1940s, these words have been gaining popularity in discussions of cybernetics. We swim in imagination and bring the noosphere alive with collective consciousness. Wired, 1996. This paper also introduces Noology, which is the study of the intellect and intellectual phenomena and explains how Noosphere is connected with Cyberspace.- Abstract of a paper titled Application of Cybernetics in Cyber Criminology. Some people are going beyond the interaction between the noosphere and the physical world and see a link between the Internet and the noosphere.- Waking Times, a news blog. Princeton University’s Global Consciousness Project measures changes in global human consciousness. When random number generators indicate that some great event has â€Å"[synchronized] the feelings of millions of people,† the researchers â€Å"calculate one in a trillion odds that the effect is due to chance.† According to the project’s website, â€Å"the evidence suggests an emerging noosphere or the unifying field of consciousness described by sages in all cultures.† There can be no question that human interaction with computers is affecting the way people think and behave, not necessarily in a desirable way. Computer scientist Jaron Lanier sounds a warning against the consequences of a Web culture dominated by advertising and aimed at imposing conformity in his book You Are Not a Gadget, Knopf, 2010 (paperback, 2011). Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Direct and Indirect ObjectsThe Difference Between "will" and "shall"40 Synonyms for Praise

Monday, February 17, 2020

How and why have the concepts of new waves or new generations been Essay - 1

How and why have the concepts of new waves or new generations been used in writing the histories of European or world cinema - Essay Example The review of world and Taiwanese cinema, in particular, reveals that there is an inherent relationship between historical intricacies and the melancholy of being Taiwanese, as demonstrated by the films produced under the Taiwanese new wave of Cinema. In particular, the 1980s and 90s were the years that the writers of Taiwanese film used the media to communicate the cultural identity of the people, and also the time that the new wave and genre came to the attention of the world. The historical identities revealed in the cinematic presentation include the country’s connection to China, including their divergence on the legitimacy of China as a culture and a nation-state. The historical relations reflected through the new wave of cinema include the relocation of MinTang’s government, after the defeat that took place during the 1949s in China. In the view of Lu and Yeh, it is necessary to explore deeply, the language used in cinema, as well as the issues that identify it, including symbolism and language.1 This approach is particularly applicable to the exploration of resistance movies, as these are predominant in the new wave of cinema produced in Taiwan. In essence, the concepts of the new wave were used, because cinema is a symbolic language that is fashioned using cimenatic codes. These codes include lighting, performance, editing, sound and camera shooting, among others. The combined usage of these codes makes cinema a highly effective channel for the expression of identities at the various levels, including cultural, political, national or individualistic. The second qualifier for the usage of cinema is that the language used in cinema can be used to express the identities of the people. For example, it can be used in highlighting the theme of historical instability, as a reflection of political communication or meaning. In the particular case of Taiwan, language is likely to be

Monday, February 3, 2020

Analysis the market environment of Dairy crest Essay

Analysis the market environment of Dairy crest - Essay Example Government use the following methods to support dairy industry: In spite of the fact that dairy industry operates in friendly environment, it has been facing some legal hurdles. For example, dairy makers could not under the law of the United Kingdom assert that their products could treat or prevent diseases, however could claim that their products had some useful benefits once the evidence to this effect had been provided. Economic factors. Dairy industry of the UK is highly competitive. The UK is the third producer of milk in Europe. There are several large purchasers of milk on the market, and Dairy Crest is one of them. British economy is growing at the rate of 3% and there is strong demand on health food products; however dairy industry and Dairy Crest in particular suffers from several unfavorable economic factors: Social factors. Social factors are one of the most important factors in the development of marketing strategy of Dairy Crest. British population is more health conscious, and Dairy Crest has already been trying to adapt itself to this trend by launching new updated version of its diary product St Ivel Gold and Clever Milk, both are enriched with beneficial oils. So far the expansion into health-food market has been successful; the company claims that the growth in this niche of the market has been more than three times higher than in the market of usual dairy products. UK has ageing population and it might not be an encouraging news for the producers of some of the dairy products, such as milk; however if the industry manages to produce more health-beneficial products, especially those that can help cure or prevent age-related illnesses, the ageing factor might be an advantage . Technological factors. One might not expect some revolutionary technological innovations on the market, however taking into account the fact that demand on the health food has been growing steadily, one can expect the rising in the expenditures on the R&D to produce more beneficial diary products.

Sunday, January 26, 2020

Analysis of Economic Factors in a Business

Analysis of Economic Factors in a Business Profit Sharing, Revenue Sharing, Piece Rate, Time Clocks and Spot Checks Submitted by Group 6:- Neethi Nair-14020541031 Neha Paswan-14020541032 Nilesh Tayade-14020541033 Nishant Thool-14020541034 Nishith Mohanty-14020541035 Nitish Vats – 14020541036 Akanksha Chaudhary 14020541065 Profit Sharing:- Profit sharing are the commission plans to introduced by business firms that provides direct or indirect wages to the employees that is dependent on the company’s profit earned, in addition to the employee’s regular salary and bonuses. In public companies, these are the profitability assigned to the employee as the equity shares. Profit sharing plans are generally based upon the predetermined economic sharing regulations that define how much should be split between the company as a principal and the employee as an agent. The manager can use this to enhance workers’ efforts making the workers’ compensation dependent on the underlying profitability of the firm. Offering workers compensation that is tied to underlying profitability provides an incentive for workers to put forth more effort. The company can also earn profit from this, by sharing the profit with the employees’ retirement benefit account, which will be non-taxable for the company. Profit sharing is a type of variable pay, which is dependent on the profit gained by the company. Wells Fargo Company is an American multinational banking and financial services holding company which is headquartered in San Francisco, California, with hub-quarters throughout the country. It is the fourth largest bank in the U.S. by assets and the largest bank by market capitalization. Its profit sharing is as follows:- (https://www.wellsfargo.com/biz/retirement/profit-sharing-plans/) For companies, size really doesn’t matter to offer profit sharing. Employee eligibility is set while joining. Employer: Up to 25% of compensation or $52,000 in 2014. Profit sharing plans allow the company to vary every year according to the profit. The contributions are deducted from the taxable income. The withdrawn contribution and earnings are taxed as ordinary income. Stocks, bonds, mutual funds and Advisory Products available through a Wells Fargo Advisors brokerage account. There will be a 10% IRS early withdrawal penalty if the profit is withdrawn before age 59 ½ unless valid exception. Exceptions: Normal retirement age Separation of service after five years and reaching age 55 Death Disability Substantial equal periodic payments over life expectancy Qualified military reservist Required withdrawals must begin at age 70 ½ Deadline to set up and Fund Must be established by the last day of the business’ fiscal year Contributions may be made up through the business tax filing date (plus extensions) REVENUE SHARING : Revenue sharing is a business arrangement that makes it possible for two or more parties to share in the profits and losses realized by a business operation. The exact structure of the revenue sharing strategy varies based on governmental regulations that are applied in the jurisdiction in which the business is located, and the terms and provisions found in the contract that establishes the working relationship between the concerned parties. This approach may be used to compensate employees of the firm above and beyond the usual salary or wages, or be used to provide compensation to affiliate partners in an online business venture. Within a business setting, revenue sharing may take place as part of a limited partnership arrangement. Here, the partners agree to share in the profits and losses sustained by the operation, with specific provisions on how those profits and losses are shared each accounting period. Essentially, the general partner has the responsibility of reporting the l evel of profit or loss incurred to the limited partners, then compensating them according to the terms found in the partnership agreement. USER ROLES: Managers will setup available business models and parts of them are the revenue share model Service provider will setup revenue share model associated to Applications and services, and they have to be loaded in the Revenue Settlement Sharing System Developers have to know about the revenues of their applications and services Involved service/applications providers have to know about the revenues of their applications and services The following figure shows a conceptual architecture of a system for settling and sharing revenues. There are a number of different sources of revenues for a given service that will be integrated and processed according to the business model of each service and the revenue sharing policies specified for each partner. The final revenues balance will be transferred to a payment broker to deliver the payments to each provider/developer Infinite Risk/Reward Revenue-Sharing model Case Study: Raising the Bar in Smart Pricing Smart Pricing has received a lot of attention in the Information Communication Technology (ICT) industry over the last 12 months. IT service providers are touting it as a key differentiator in a very competitive post-crisis environment, and organizations are demanding for more risk/reward and usage-based pricing so that their ICT partners have more accountability in each engagement and these ICT engagements are more aligned to business priorities. International Data Corporation (IDC) is predicting that Smart Pricing will account for close to 50% of all ICT services transactions by 2015. Infinite, an Indian IT services and software provider, has been one of the most aggressive services providers in this game changing market dynamic whereby approximately 30% of its total revenue is derived from risk/reward pricing models. Its intellectual property–based revenue sharing model is certainly setting the pace in the industry where many ICT service providers are still struggling to co me up with the right formula. Infinite is not only setting the pace in Smart Pricing models in the ICT industry, it has clearly raised the bar for the rest of the field. Organization Overview: Infinite Computer Solutions is an India-headquartered global services provider of infrastructure management services, intellectual property (IP)-leveraged solutions, and IT services. The company focuses on the telecom, media, technology, manufacturing, power, and healthcare industries. Presently, telecom is its principal vertical and this includes telecom service providers as well as networking equipment vendors. Its services portfolios span application management outsourcing, packaged application services, independent validation and verification, product  development and support, and higher value-added offerings including managed platform and product engineering services. It currently has 3,668 employees and has a global footprint of 16 offices across the globe including Singapore, the U.S., the U.K., India, Malaysia, and China. RD sites are concentrated in Indian cities like Bangalore, Chennai, Hyderabad and Gurgaon. The company is listed on the NSE and BSE and its FY10 revenue was approximately US$140 million. Infinite has a healthy mix of customers from the list of Fortune 100 companies including IBM, Alcatel Lucent, and Motorola across several verticals, but its strengths continue to be in the telecom and healthcare sectors. Challenges Solutions : Mature products are targets: Currently, Infinite works with organizations, examines their or their clients product portfolios, and identifies products or solutions that are mature and have a significant installed base. The products continue to be essential to many buyers, have a proven revenue generating record, and can be better streamlined via an off shoring model to India. The upside potential must be significant: Infinite will have to execute careful due diligence before actually making any large-scale investment. One of the guiding principles is that the product or solution must be able to deliver 20%–50% growth over the next few years with further investments. Risk/reward pricing models vary: Infinite has made significant progress in raising the share of its revenue that is derived from risk/reward pricing models. It currently stands at close to 30%, one of the highest if not the highest in the industry. Revenue derived or splits between Infinite and client varies from deal to deal but it is dependent on several factors. For every There are usually three sets of revenue streams to drive growth. Additional new sales of the product, services revenue, and annual maintenance are the three sets of revenue streams to drive growth. The combination of these three must be able to deliver an upside that ranges 25%–50% of growth. The proportion of revenue that is attributed to the customer will generally be lower if the revenue upside potential is less, accounting for new investments that could refresh the product. How much to invest in the new product? : Infinite would also need to do its due diligence as to what and how much investment it needs to put into these products to generate the type of growth that it is looking for. Aware that some of these products have great fluctuations in revenue, which may be difficult to forecast, the company has to factor this into its planning. Results: According to IDC this unique engagement model and smart pricing will eventually define the ICT industry over the next few years. Clearly one of the trendsetters, Infinite is setting an excited pace in Smart Pricing that many of its competitors will have to play catch-up. Infinites unique smart pricing model has achieved sustainable returns. In todays economic environment, organizations are looking for flexibility and agility; and as a result of this relationship, many of its existing clients are now able to realign their resources by channeling them into strategic areas of growth. Increase in the value of offerings as RD investment in core products as well as additional Infinite capital ploughed in will have the overall impact of enhancing the total solution or product portfolio. The company posts 20%–50% revenue growth, usually depending on a number of factors including how speculative the product or solution is. Infinite is clearly on a growth trajectory and thus, its IP-based risk/reward model has found a warm reception among some organizations. Piece-rate pay:- Piece-rate pay gives a payment for each item produced and is therefore the easiest way for a business to ensure that employees are paid for the amount of work they do. Piece-rate pay is also sometimes referred to as a â€Å"payment by results system†, â€Å"piece work† or â€Å"performance related pay†. The oldest type of performance pay, piece rate is when an employee is paid a fixed rate for each unit of production. In other words, he or she is paid by results. For example, a factory worker may be paid per item he or she makes on a production line. In the United Kingdom and in various other countries with minimum wage laws, pay rate must be used in unification with minimum wage laws for employees. For example, an employee who works at a $0.1 per-piece rate and completes 70 pieces in an hour would not receive $7.00 but would receive his state’s minimum wage, which might be, for example, $7.25 an hour. However if he is able to work fast enough to complete 90 pieces in an hour he can earn $9.00 per hour. So, per-piece rate pay can act as an incentive for employees. Incentive contracts such as piece rates and profit sharing are designed to solve principal–agent problems when effort is not observable. The benefits of the piece rate system is that it motivates employees financially to complete as much work as they can, and consequently they can increase their monetary reward by maximizing their output. A potential problem with paying workers based on a piece rate is that effort must be expended in quality control; otherwise, workers may attempt to produce quantity at the expense of quality. Therefore, piece-rate pay encourages effort, but, it is reasoned, often at the expense of quality. From the employee’s perspective, there can be certain problems which might affect the production and eventually affect their pay. The problems which can possibly hamper the production may include breakdown of the production machinery or delay in the delivery of the raw materials which slows down the production. These factors are outside of the employee’s control – but could potentially affect their pay. The solution to these problems is that piece-rate pay systems tend, to have two elements: A basic pay element which is a fixed time- based element An output-related element- Generally the piece-rate element is only elicited by the business exceeding a target output in a specific defined period of time Piece-rate systems are broadly classified into three categories: i. Straight Piece-rate ii. Piece-rate with Guaranteed time rates iii. Differential Piece-rates Straight Piece-rate method payment is made on the basis of affixed amount per units produced without regard to the time taken. Thus the earnings could be calculated as follows: Earnings= Number of units x rate per unit. The fixations of piece rate generally depend upon: The comparable time rate for the same class of workers The expected output in given time In Guaranteed time rates system payment is at time rates but adjusted to the cost of living. The employer balances the high labor cost by increasing the price of the products. The merit awards for skills, personal qualities, ability, punctuality etc. are also considered in this system. Differential Piece-rate system is a wage plan based on a standard task time wherein the worker receives increased or decreased piece rates as his production varies from that expected for the standard time. This is also known as an accelerating incentive. Comparison of three price rate systems Wages during Differential Piece rate Period Straight Piece rate Guaranteed Base wage Straight piece rate with minimum guaranteed wage Standard output Output in pieces produced Time clocks and spot checks :- Few methods of encouraging workers to put forth their best efforts are piecework, time clocks, and spot checks. Time clock is relatively simple and inexpensive technique to introduce into a place of business; however the flaws in it is that the information received from time clock is relatively useless in determining employee’s working habits. A time clock can only inform a manager of how long an employee spends in the workplace, but not how much time the employee is actually spending working i.e. how efficiently is he working. There could be a possibility that the employee is simply socializing most of the day or just doing the irrelevant tasks and the time clock would make no determination between employee with such behavior and the employee who works diligently throughout the workday. So, we can say that Time clocks don’t monitor efforts made by the employee; rather, simply measures his presence at the workplace from beginning to the end of workday. Thus it acts as an inferior method to monitor manager-worker problems. A more efficient method than Time clock that not just measures the time spent by employee at workplace ,but also measures his/her performance, is spot check. In this case the manager gives time to time visit at workplace to monitor its employees. The objective of these spot checks and inspections is to counter irregularities committed against the Community budget. The spot checks may concern, in particular Business books and documents such as invoices, pay slips, bank statements, lists of terms and conditions, statements of materials used and work done, and Computer data Packaging, Production and dispatching systems and methods Physical checks as to the nature and quantity of goods or completed operations The collection and checking of samples The progress of works and investments for which financing has been provided, and the how it has been used Accounting and budgetary documents The technical and financial implementation of subsidized projects The advantages of spot checks are as follows: It reduces the cost of monitoring workers The managers need not to be available at different places at same time It also increases employee efficiency. With workers not knowing if the manager will show up or not, they put more effort at work, as suddenly getting caught â€Å"goofing off† may lead to dismissal or a reduction in pay As everything has its pros and cons, same is the case with Spot checking. Some of disadvantages of spot checks are as follows: Frequent spot checks, however, are costly and reduce the firm’s profitability Spot checks work, in effect, through threat These can have negative impact on employees moral; he/she can’t work freely at workplace due to threat of being watched every moment.

Friday, January 17, 2020

What Is Meant by Appropriate Technology, and Why Is It Important for the Less Developed Countries to Adopt It?

Science and technology is a critical and greatly improving area in most countries if not all. However, as it requires large amounts of man power and materials, a great deal of money is required. Governments provide a substantial amount of this money, and therefore they often make decisions regarding the direction and quantity of the money that should be placed into certain technologies. It is also the government’s role to decide which technologies will be used, and how (Bridgstock 1998:12).During recent times the science and technology field has dramatically changed. For example, stunning developments are being made by the Third World and science and technology has become more focussed on the government’s short-term economic goals. These developments by the Third World are due to the technology transfer from more advanced, industrialized countries. The Third world is only able to use appropriate technologies, which makes their choices limited, but offers many benefits a nd opportunities (Bridgstock 1998:12).Appropriate technology was created as a way of enhancing national independence by encouraging people to use local substitutes rather than imported resources, and is aimed at improving technologies that already exist in the Third World. By making small adjustments to existing technologies the Third World only has to create variations of technologies they are familiar with. This ensures that Third World countries work within their capabilities (Bridgstock 1998:223). Appropriate technology is the idea that lower level technologies, using local resources are more appropriate than higher level technologies that require imported resources.This idea has been used unsuccessfully by England, where inventors tried to sell their new product, based on the Third World’s local resources they were selling to. An example of this was an Englishman who tried selling his new cooking stove in Kenya. The cooking stove was more wood economical than others at t he time and could be built from clay found in Kenya. A total of 250 stoves were sold. Whilst these stoves were being sold in Kenya, a kerosene stove from Japan was also introduced into the market. However, the kerosene stove did not use local resources and as a result the kerosene was imported.A massive 10,000 kerosene stoves were sold via normal commercial channels, which is 9,750 more sold than the wood stove. Before it can be said that appropriate technology does not work, there are some potential reasons that the kerosene stove sold better than the wood stove. Firstly, the kerosene stove was cheaper, which makes a product dramatically more appealing in a country with very little money. Secondly, the kerosene stove was advertised through commercial channels and the wood stove was not advertised at all. Thirdly, the way in which the idea of appropriate technology was presented, did not appeal to the Kenyans.Finally, appropriate technology focuses largely on the organization of dis tribution and construction, which is usually the weakest area of Third World countries (John McCarthy 1996). Less developed countries should learn from and use appropriate technologies and ideas that have been successful in other countries. However, due to less developed countries having fewer people with a talent for organizing or industrial experience, introducing new technologies tends to be harder and a more complex process than in other, more developed countries.A solution to this problem is for less developed countries to adopt appropriate technologies and become more talented and experienced in them. After a period of time the country will become richer as it is able to export these technologies/goods to countries needing them. The money gained from exporting these technologies/goods can then be placed into training people to become more experienced in industries, allow individuals to gain an ability for organizing and raise the average wage. These factors will increase the a mount of technologies appropriate for their country, and the process can then be repeated.When people hear the words ‘technology transfer’ often the first thing that will come to mind is the trade of technology from an advanced country to a Third World country. This interpretation is incorrect as there is much more to technology transfer than exportation and importation. The process also includes an understanding and ability to perform methods and procedures that are required to create the desired result (P. F. Basch 1993:353-358). When the Third World first began transferring technologies from industrialized,Western countries back to their own countries, problems arose due to different resources and machinery available. The Third World did not realise that Western technologies were specific to the conditions of an industrialized country (Bridgstock 1998:216). According to Bhalla, A (1994) this is preventable if industrial countries keep in mind the different requiremen ts of the Third World whilst designing technologies that will be sold to these less developed countries. However, evidence indicates that the industrial world’s research and development (R&D) system is doubtful of responding to any concerns.Less developed countries need to adopt appropriate technologies as these technologies will ensure less developed countries can manage and have the specific resources required. If underdeveloped countries do adopt appropriate technologies, they will be able to increase profits, increase the amount of technologies appropriate for their country, increase the level of their R&D and possibly change their countries status as underdeveloped. However, if underdeveloped countries do not undertake appropriate technologies, they will unfortunately be unable to move forward as a country.