Monday, December 30, 2019
Nasa s The Manned Space Flight Program - 1240 Words
With the news that the Obama administration decided to abandon NASAââ¬â¢s plans to send a man back to the moon by 2020, the manned space flight program is quickly reaching extinction. It marks a sharp contrast with the Apollo space program that at its peak captured the American imagination. David L. Chandler reports of that time, ââ¬Å"With goose bumps and white knuckles, people followed the crackly radio reports of that first lunar footfall, and they lionized its heroes with tickertape paradesâ⬠(Chandler, 1). Now, there is none of that level of interest in the space program. In a short span of time, space travel became just an afterthought. ââ¬Å"Public interest in human space travel, it now seems, has followed a trajectory something like that of aâ⬠¦show more contentâ⬠¦Writer John Derbyshire notes, ââ¬Å"None of the most useful off-planet projects ââ¬â G.P.S., earth imaging, antimissile technology ââ¬â has any requirement for human beings in spaceâ⬠(Derbyshire, 1). Not only can machinery do what we need to get done, they also do it at a cheaper cost. ââ¬Å"Anything a human being does up there could be done by unmanned machinery for one-thousandth the cost. With the ever-increasing intelligence of our machines, the cost gap will only get widerâ⬠(Derbyshire, 1). The costs are a big reason for why there is much hesitation for manned space travel. ââ¬Å"No president since John Kennedy has been willing or able to project the necessary vision of a human future in space, or willing to expend the political capital to make future human exploration of the planets a reality ââ¬â or even a real but distant planâ⬠(Chandler, 3). It is the lack of vision along with the stated reasons that resulted in the harsh reality that space programs face today. Part of this decline was the loss of prestige and importance the space program once held. John F. Kennedyââ¬â¢s words supporting the Apollo program spoke of this prestige, à ¢â¬Å"No nation which expects to be the leader of other nations can expect to stay behind in the race for spaceâ⬠(John M. Logsdon, 1). One of the reasons Apollo had so much interest was the national fervor it generated. The space race between America and the former Soviet Union had so much pride at stake that only success would do. ââ¬Å"The
Sunday, December 22, 2019
Assignment Solution - 1544 Words
ECON112 Macroeconomics Problem Set 1 *Solution* By Yao Amber Li Fall 2010 (Instructor: Li, Yao; TA: Fok Pik Lin, Astor) ------------------------------------------------------------------------------------------------------------------------------------ 40 marks total Part I: True/False/Uncertain Please justify your answer with a short argument. (10 marks, 2 marks each) One mark is for correct judgment. One mark is for correct argument. 1. GDP is the value of all goods and services produced in the economy during a given period. False. GDP = Value of * FINAL* goods services produced in the economy during a given period. 2. When disposable income equals zero, consumption equals zero. False. When disposable income equalsâ⬠¦show more contentâ⬠¦If we had used more decimals for the index of 2001, it would had been the same. (Note: the student could indicate that because there is only one good in this economy, the two ways eventually give the same answer. This is a bonus point (1 mark) if the student indicates that. However, the statement before the brackets is sufficient for this question.) Part III: The Goods Market (Chapter 3) (16 marks) 1. Answer the end-of-chapter Question 2 in Chapter 3. (4 marks) 2. Use the economy described in the end-of-chapter Question 2 in Chapter 3, answer the following: (6 marks) (a) What is the value of marginal propensity to consume (MPC)? (b) What is the value of marginal propensity to save (MPS)? (c) Find the multiplier and autonomous spending. (d) Solve for private saving and public saving. 3. Answer the end-of-chapter Question 3 in Chapter 3. (6 marks) [the textbook should be the 5th international edition updated. However, as for Problem Set1, if the student uses the 5th edition or other editions, as long as the student answers the questions using correct methods, it is fine. But in future, we only use the 5th international updated edition.] 5 Version 1: (5th edition updated version) C = 160+0.6 YD I = 150 G = 150 T = 100 1, Question 2 in Chapter 3: (a) 2 marks, (b) 1 mark, (c) 1 mark (a) equilibrium GDP (Y) = 160+0.6(Y-100)+150+150 Y=1000 (b) YD=Y-T=1000-100=900 (c)Show MoreRelatedWeek 5 Assignments New754 Words à |à 6 Pagesï » ¿PT1420 - Unit 5 Homework and Lab Assignment Unit 5 Assignment 1: Homework 1.) Design an if-then statement that assigns 20 to the variable y and assigns 40 to the variable z if the variable x is greater than 100. (Simple if statement) If x 100 then Y=20 Z=40 End if 2.) Design an if-then statement that assigns 0 to the variable b and assigns 1 to the variable c if variable a is less than 10. (Simple if statement) 3.) Design an if-then-else statement that assigns 0 to variableRead MoreMat 222 week 2 paper750 Words à |à 3 Pagesï » ¿ Two Variable Inequalities Kristine Heckman MAT 222 Intermediate Algebra Instructor Leah Murray November 4, 2013 TWO VARIABLE INEQUALITIES For this assignment, I am going to work with two-variable inequalities and demonstrate the practical application of these inequalities. I am going to use a graph that shows the number of TVââ¬â¢s on the left side and the number of refrigerators on the bottom. Of course this would mean that my x axis is the bottom, andRead MoreCt1 X Assignment Solutions3310 Words à |à 14 PagesCT1 ââ¬â P XS ââ¬â 13 Series X Solutions ActEd Study Materials: 2013 Examinations Subject CT1 Contents Series X Solutions If you think that any pages are missing from this pack, please contact ActEdââ¬â¢s admin team by email at ActEd@bpp.com. How to use the Series X Solutions Guidance on how and when to use the Series X Solutions is set out in the Study Guide for the 2013 exams. Important: Copyright Agreement This study material is copyright and is sold for the exclusive use of the purchaser. You mayRead MoreScience1385 Words à |à 6 Pagesinvestigates the different types of solutions: -unsaturated -saturated -supersaturated 1.2 performs an actual activity about solubility. 1.3 values the common solutions that can be found at home and can be used in daily living. 1. Learning Tasks 2.1 Topic: Solutions 2.2 Concept: The unsaturated solution has a less amount of solute to be dissolved. The saturated solution can hold no more solute to be dissolved. The supersaturated solution cannot hold more solute. 2.3 Materials Read MoreMy Problem with Procrastination523 Words à |à 2 Pagesproblem of procrastination, I will consider the pros and cons of not getting my schoolwork completed, in a timely manner. The pros outweigh the cons by a long shot. It is never a good idea to waste time and then rush through just to complete an assignment. I will work out the details of my problem by setting aside a certain time every day to work on my schoolwork. I will also invest in using my dayplanner daily to make sure I am meeting my daily goals and weekly goals. I Googled free .pdf printablesRead MoreEssay on Corporate Fiance Assignment Solution2220 Words à |à 9 Pages3350 M P (Winter 2015) Assignment 1 Due Date: February 23, 2015 Question 1 (5 Marks) Varta Inc. has just issued a dividend of $1.50 per share on its common stock. The company paid dividends of $1.10, $1.15, $1.25, and $1.37 per share in the last four years. The stock currently sells for $48. a. What is your best estimate of the companys cost of equity capital using the arithmetic average growth rate in dividends? b. What if you use the geometric average growth rate? Solution: (3 + 2 = 5 Marks) PartRead MoreThe Effect Of Osmosis On Potato Cells883 Words à |à 4 PagesWriting Assignment 2 Results and Discussion These are to be written individually even if you worked in a group. This should be written in paragraph format. Each section should include the answers to the following questions Lab Topic: Effects of Osmosis with Potato Cells in Sucrose Solution Introduction: Small slices of potato are placed in six concentrations of sucrose: 0.0 M, 0.1 M, 0.2 M, 0.3 M, 0.4 M, and 0.5 M. The initial mass of potato is noted before being placed in the solution. TheRead MoreSolutions To Assignment TVM Practice Q954 Words à |à 4 Pagesannual endââ¬âofââ¬âyear deposits into an account. The rate of interest is expected to be 6 percent in all future periods. How much must the art collector deposit each year to accumulate to the required amount? 1,264,446 SOLUTIONS TO SAMPLE TVM QUESTIONS DISCUSSED IN THE CLASS Q 1. If the effective annual rate of interest is known to be 16.08% on a debt that has quarterly payments, what is the annual percentage rate (aka nominal annual rate)? (Time/Marks 3) My Answer:Read More Liquid Liquid Extraction Essay2146 Words à |à 9 Pagessteady-states. The number of theoretical stages and the height of the theoretical stages (HETS) was also to be determined. Because the liquid-liquid extraction column had not been used in several years our assignment also included discussing any problems with the process and possible solutions. The discussion of equipment, results, and experimental procedure will be discussed in the following paper entitled Liquid-Liquid Extraction.â⬠Even though the process had not been used in severalRead MoreSolutions to Homework Assignments: Chapter 43192 Words à |à 13 PagesSolutions to Homework Assignments: Chapter 4 6. Are all capital gains (gains on the sale or disposition of capital assets) taxed at the same rate? Explain. No. If a taxpayer holds a capital asset for a year or less the gain is taxed at ordinary tax rates. If the taxpayer holds the asset for more than a year before selling, the gain is generally taxed at a maximum 15% rate but could be taxed as high as 20% for high income taxpayers. If the taxpayer sells more than one capital asset during the year
Saturday, December 14, 2019
Being a vegetarian Free Essays
It is extremely important to take good care of your health. Our health is our wealth. As much as possible we do not want to get sick and become regular hospital visitors as hospitalization serves as an eye opener telling us to slow down because we are risking our health and our lives. We will write a custom essay sample on Being a vegetarian or any similar topic only for you Order Now It is pretty obvious that every year more and more people die because of unhealthy living. In industrial countries, life-style diseases such as obesity, diabetes, high cholesterol, high blood pressure, heart disease, and cancers are widespread. (ââ¬Å"Home for Animals- A Farm Sanctuaryâ⬠). We do not want to have any of those diseases isnââ¬â¢t it? We need to prevent those diseases from ruining our lives and one of the many solutions is Vegetarianism. Vegetarianism is the practice of not consuming meat, with or without the use of other animal derivatives, such as dairy products or eggs (ââ¬Å"What is vegetarianismâ⬠). The term vegetarian generally means a person who does not consume animal products; this includes land and sea animals. Most vegetarians generally do consume eggs and dairy products (milk products). The four main types of vegetarians are: â⬠¢ Lacto-vegetarians ââ¬â they consume dairy products, but no eggs. Most do consume honey. â⬠¢ Ovo-vegetarians ââ¬â they consume eggs, but no dairy. Most do consume honey. â⬠¢ Lacto-ovovegetarians ââ¬â they consume eggs and dairy. Most do consume honey. â⬠¢ Vegans ââ¬â only consume plant-based foods (no dairy, eggs or honey). (ââ¬Å"What Is The Vegetarian Diet? What Are The Benefits Of A Vegetarian Dietâ⬠). It is very difficult imagining yourself in a restaurant eating vegetable salad when the person seated beside you is eating steak, chicken or turkey. But if you come to think of it there are many health benefits you could get by being a vegetarian. Many studies indicate that a vegetarian diet helps you combat several unwanted diseases, and vegetarian people are 50% less likely to develop heart diseases as compared to non-vegetarian people. Do you know that apart from heart diseases, saturated fat and cholesterol present in meat and dairy products also cause brain strokes? Research confirms that strokes kill an Americas every three minutes. Research also reveals that people consuming good quantity of fruits and vegetables face the lowest risk of developing heart or brain stroke. Many doctors claim that a low fat vegetarian diet reduces the risk of suffering a heart attack by more than 80% and the risk of developing cancer by nearly 60%. (ââ¬Å"Health Benefits of Being a Vegetarianâ⬠) Weight loss is one of the many benefits of being a vegetarian. You will never find a fat vegetarian anywhere. Meat takes quite a while to be digested. It is easier for our stomach to digest fruits and vegetables. Aside from that they contain vitamins and minerals. You are not aware that you are losing weight and gaining more energy as time passes by. Do you know vegetarians are less likely to die from heart disease, type 2 diabetes, hypertension, and prostate and colon cancer? The reason is simple. The vegetarian diet is rich of cancer preventing foods including vegetables, whole grains, fruits, soy, nuts, and beans. In fact your chances of developing cancer reduce manifolds if you minimize the intake of meat. (ââ¬Å"Health Benefits of Being a Vegetarianâ⬠). Avoiding meat and being a vegetarian is challenging and very hard to do. But if you will try to embrace its long term benefits you will then realized that it is better to be a vegetarian than sorry. Works Cited Smith Jenny R. , ââ¬Å"Health Benefits of Being a Vegetarianâ⬠. Ezine Aricles. 21 May 2010. http://ezinearticles. com/? Health-Benefits-of-Being-a-Vegetarianid=2050473. ââ¬Å"Home for Animals- A Farm Sanctuaryâ⬠. Expert Article. Web. 21 May 2010 http://www. heimat-fuer-tiere. de/english/articles/med/meat_makes_you_sick. shtml. ââ¬Å"What Is The Vegetarian Diet? What Are The Benefits Of A Vegetarian Diet?. Medical News Today. ââ¬Å"27 May 2004 . 21 May 2010. http://www. medicalnewstoday. com/articles/8749. php ââ¬Å"What is vegetarianismâ⬠. veggieheaven. com. 21 May 2010. http://www. veggieheaven. com/info/what_is_vegetarianism/ How to cite Being a vegetarian, Papers
Friday, December 6, 2019
Back Problems Essay Research Paper I am free essay sample
Back Problems Essay, Research Paper I am a 21 twelvemonth old male with back jobs, It merely seems like I have had this all my life. I can # 8217 ; t retrieve what caused it. But I remember when it started. Four old ages ago is when I started to experience back strivings, largely in my lower back. It took me a long clip to cover with it and discontinue being butch about it. I used to seek to disregard the hurting while I played athleticss, during school, and even at work. Even though the hurting is intolerable. The hurting is so painful it sometimes knocks the nervus out of my right articulatio genus. Which is eldritch because I receive the hurting in the underside left side. So I am experiencing hurting on opposite sides, which is dramatically painful. I felt that if I quit the game that I love so much I will neer be able to look at myself in the mirror or inquire what it could hold been. We will write a custom essay sample on Back Problems Essay Research Paper I am or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I still retrieve my last hockey game as a goalkeeper. My squad and I were up by two ends in the start of the 3rd period ( last period ) when from out of nowhere I felt a tingly esthesis in my spinal column. This ever meant that my dorsum job was get downing to come back. I remember stating myself that I merely had to last until the 3rd period was over when all of a sudden there was a breaking away ( this is when an opposing squad participant has the Puck and no 1 else is around him ) . As I skated out to cut down the angle, the opposing squad # 8217 ; s participant shoot and as I went down to barricade it, I felt a popping esthesis and a overpowering hurting went to my dorsum. It hurt like snake pit but fortunately he shot it right at my place and I covered it up. To do affairs worse the cat that shot the Puck tripped and started skiding uncontrollably towards me. When he made contact with me I was on my articulatio genuss and when we collided, all his weight caused to fall backwards onto the ice. The lone sound that I heard was my ain voice shouting in hurting. My teammates tried to assist me up but my back wouldnââ¬â¢t support my weight. So I limped off the ice, so angry that I throw my helmet to the land. I ended up watching game on the bench. No one knew this was my last game but me, but fortunately we won the game by one. After the game I went to the infirmary and the physician told me that I had pinched nervus and that this would be with me for the remainder of my life. Not even surgery could repair this job. He so told me the intelligence that hurt about every bit much as my dorsum, I had to discontinue the game that I loved so much for my wellne ss. The physician gave me two prescriptions and sent me on my manner. One was supposed to be a musculus relaxer and the other one a analgesic. Both medical specialties helped for awhile, but after a twelvemonth or so, my organic structure became immune to them and I was forced to populate with my intolerable hurting. In decision, even though some people may state that I # 8217 ; m excessively immature to see back jobs, I can personally state that age doesn # 8217 ; t affair. Chronic back jobs are something that 1000s of people deal with everyday, both immature and old.
Thursday, November 28, 2019
Preparation of Synthetic Banana Oil free essay sample
The main purpose of this experiment was to synthesize banana oil (isopentyl acetate. ) Ester are often prepared by the Fischer esterification method, which involves heating a carboxylic acid with an alcohol in the presence of an acid catalyst. Theory: Synthesize isopentyl acetate by combining isopentyl alcohol with acetic acid and sulfuric acid and then heating the reaction mixture under reflux for an hour. The alcohol is the limiting reactant, so it should be weighed/ the acids can be measured by volume. The esterification reaction is reversible, and it has an equilibrium constant of approximately 4. 2. A pure component can be obtained from a mixture by separating it from all other components of the mixture, using procedures that take advantage of differences in solubility, boiling points, acid-base properties, and other characteristics of the components. Because isopentyl acetate is a liquid, the separation and purification operations will differ from those used previously for solid products. We will write a custom essay sample on Preparation of Synthetic Banana Oil or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The water that forms during the reaction will be separated from the ester along with the wash liquids. Any traces of water that remain are then removed by a drying agent, either magnesium sulfate or sodium sulfate. Because isopentyl alcohol has a lower boiling point than that of isopentyl acetate, and the by-products have higher boiling points, it should be possible- in principle- to remove the alcohol and by-products from the ester by distillation. Isopentyl alcohol should distill first, followed by the ester, and any by-products should remain behind in the pot-the vessel in which the reaction mixture is boiled. Reaction: Reaction: Acetic acid + isopentyl alcohol isopentyl acetate + water 17 mL150 mmol Weigh 150 mmol of isopentyl alcohol into a round bottom flask of appropriate size, and add boiling chips. Under a hood, add 17 mL of glacial acetic acid, and then carefully mix in 1. 0 mL of concentrated sulfuric acid while stirring. Connect a West condenser to the reaction flask, turn on the cooling water, start the stirrer, and heat the reaction mixture under reflux for one hour after boiling begins. Reflux apparatus When the reaction time is up, allow the reaction mixture to cool to about room temperature. Turn off the cooling water and remove the reflux condenser. Transfer the reaction mixture to a separatory funnel. Leaving the boiling chips behind, and washes the mixture with 50 mL of water. Drain the aqueous layer, and leave the organic layer in the separatory funnel. Then carefully wash the organic layer with two successive portion of 5% aqueous sodium bicarbonate, draining the aqueous layer after each washing. During the first washing, stir the layers until gas evolution subsides before you stopper the separatory funnel, and vent it frequently thereafter. Dry the crude isopentyl acetate with anhydrous magnesium sulfate or sodium sulfate, and filter I by gravity. Using standard-taper glassware, assemble an apparatus for standard scale simple distillation. Be sure the thermometer is straight up as shown in the picture below. Distill the crude product, collecting any liquid that distills between 137oC and 143oC. Record the actual boiling range. Wait until the entire thermometer bulb is moist with condensing vapors, liquid is distilling into the receiver, and the temperature is stable. The final weight obtained of the product is 4. 28 g because the reactant, both have one to one mole, and the percentage yield of the product is 32. 4%. Discussion/Conlusion: Isopentyl acetate was achieved through the method implemented in this experiment. With the use of isopentyl alcohol and acetic acid under the reaction method help to obtain the predicted product. One one this experiment could be developed is to specific precise amount of each compound need to be used in the reaction in order to obtain a better yield of the product. Procedure required circumspect handling while synthesizing, the sources of the errors that caused the discrepancy may have been from washing and drying the product. A few part of the organic layer might have been removed in the process of removing the aqueous layer, water and sodium bicarbonate. Too much anhydrous sodium sulfate might have been added because the procedure was not specific as to what quantity should be added. Exercise
Monday, November 25, 2019
HONDA Report Essays
HONDA Report Essays HONDA Report Essay HONDA Report Essay Introduction. Soichiro Honda was born on November 17, 1906, in Hamamatsu, Shizuoka, Japan. He was a racer, a businessman, and a manufacturer. He dreamed of a better way of making piston rings, founded a small company, and began production. He was also a Japanese engineer and industrialist, and founder of Honda Motor Company, Ltd, which is a Japanese multinational corporation primarily know as a manufacturer of automobiles and motorcycles. Headquartered in Japan, Honda Motor Company is one of the major producers of quality motor vehicles around the world. Honda Motor Company is by far the worlds biggest motorcycle maker since 1959. Hondas quality, innovation and reliability have made it one of the most sought after car brands in the world. Its major car models such as Accord have occupied the leadership position in global sales for years now. Honda cars are also renowned for their fuel efficiency and have a loyal customer following all around the world. Hondas leadership position is sustained due to its enormous focus on RD, quality and innovation. Along with Toyota, its major competitor, Honda has ruled the US markets with its uccessful models and captured market share of American manufacturers such as GM and Ford. This success turned Hondas focus to another dream, the American Dream, and the company also moved away from other companies who relied upon distributors to sell their bikes when the company set up its headquarters in the west coast of America. Company overview 0 Honda has grown to become the worlds largest motorcycle manufacturer and one of the leading automakers. Honda develops, manufactures and markets a wide variety of products ranging from small general-purpose engines and scooters to pecialty sports cars, to earn the Honda Motor Company an outstanding reputation from customers worldwide. The Companys business is carried out through four segments: The Two-Wheel segment manufactures two-wheel vehicles All-terrain vehicles (ATVs) Personal watercrafts And other related products. The Four-Wheel segment offers four-wheel vehicles and other related products. The first production automobile from Honda was the T360 mini pick-up truck, which went on sale in August 1963. He was produced as a conventional rear wheel drive pickup truck, a flatbed with folding sides, and as a covered van. But, Hondas major car models include its best selling Accord, Civic, CRV, Hybrid car Insight and its luxury range of cars under the Acura brand. The Accord automobile followed in 1976, the same year that American Honda released its first automatic transmission motorcycle, the CB750A. The Honda Civic is a line of subcompact and subsequently compact cars. On the automotive side, Honda became the first manufacturer to finish first, second and third in the Motor Trend Import Cars of the Year selections. The word ?Ã « civic ?Ã » means of, or relating to a citizen, a city, citizenship or civil affairs. As its name suggests, the Civic incorporated Hondas wish to create a car for all people, a car for the world. The Financial segment in engaged in the provision of financial and insurance services. The General-purpose and Others segment is engaged in the manufacture of general-purpose products and its related products. Headquartered in Tokyo, the Company has over 400 subsidiaries and over 100 associated companies in Japan, North America, Europe, Asia and other districts. It is essential that Honda Motor Company focused on making its cars more fuel- efficient. To make this idea work, Honda will need to spend heavily on continuous research and development. Such R process is an on-going activity at progressive and innovative organizations like Honda. Hondas engineers will need to think out of the box and come up with innovative technologies that can really set apart Honda from its compet itors. Focusing on high HP-to-weight ratio engines and environment friendly hybrid vehicles will help the company to protect its market share in the future. For example, the two seated Insight model, which derived its power from a ombination of a 3-cylinder gasoline engine, and a large battery pack providing power-assist during acceleration was a good start. Another innovation is the use of ethanol as an efficient and more environment friendly gas substitute. Honda Motor Company needs to create new models or redesign existing models to be more friendly and geared for comfort of the older generations, such as the baby boomers. This comfort should be teamed with a fashionable look, as baby boomers dont want to be reminded of their aging bodies. To come up with this range of product mix, Honda will need to make significant capital expenditure. However, this strategy can be dangerous as Honda might lose its focus. In an effort to capture this segment of the marketplace, Honda might lose its quality and strategic focus. However, if this option is pursued, Honda will need to raise capital in the form of equity as well debt in a suitable combination to fund this capital expenditure. 0 Honda is already expanding their U. S. production, today, 80% of the 1. 3 million cars Honda sells in North America are made at North American factories, and the parts in Hondas American cars increasingly come from local suppliers. Honda plans to increase its production from the current 1. 4 million units a year to 1. 62 million units within a year. This new growth should be put in areas where the cost of living is relatively low. This will ensure that Honda can pay workers fair wages for the area. Creating a loyalty to American made products is no t the only reason that Honda needs to expand its local production levels. Since over 70% of revenue for Honda is gained in America, it is important to make the vehicles where or close to where they are sold. With the ever-changing exchange rate between the United States and Japan, local production gives Honda stability. This helps Honda to be much more resistant to exchange fluctuations, says Satoshi Aoki, senior managing director at Honda in To Conclusion Unlike other global businesses that see size as the key to survival, Honda embraces the ideal that even as Honda operations expand around the globe, they want to maintain the qualities of a small company that is close to its customers. The ability to produce a worthwhile product with the speed, flexibility and efficiency of a small company and the essential elements of a large company global reach and echnological strength, is what drives them into the future and will continue to help them strategize their global efforts. Hondas global strategy is very simple put cost-effective plants in areas that best meet the needs of local customers. They integrate plants into markets with a Small Born manufacturing strategy, starting small and then expanding as local demand increases. This thinking has helped them establish more than 100 factories in 33 countries, an approach that allows Honda to achieve efficiency and profitability, even at low production volumes.
Thursday, November 21, 2019
Entrepreneurship. Validity of Claim in Emerging Markets and Assignment
Entrepreneurship. Validity of Claim in Emerging Markets and Stakeholder contribution in making Claim Realizable - Assignment Example The market itself has also been a focus of discussion to identify key conditions and factors that make businesses succeed on emerging markets. Getting to the later part of the series of lessons, there was focus on the role that various non-governmental agencies play in emerging markets to ensure that businesses operating in these markets experience success. As Dr. Yunu makes this all important claim of how each person is a potential entrepreneur, the various ideas developed over the weeks can be summed up in reasoning with Dr. Yunu. In this integration paper, two major issues are discussed. The first is the potential that the statement of Dr. Yunu has in becoming a reality in emerging markets, and the level to which various stakeholders have played their role in facilitating entrepreneurship and Dr. Yunuââ¬â¢s idea. Validity of Claim in Emerging Markets Generally, there has been a realization that most people who are entrepreneurs in various emerging markets, particularly in N-11 countries are not people who are world acclaimed entrepreneurs with records of setting up blooming and flourishing multinational companies around the globe. Considering various business plans, it would be noticed that most of these entrepreneurs are ordinary degree holders in various subject areas, with some kind of zeal to succeed (Dib, da Rocha and da Silva, 2010). In relation to the statement of Dr. Yunu therefore, it can be said that as far as emerging markets are concerned, there is a huge level of possibility of the claims to be reality. Having said this however, lessons from previous weeksââ¬â¢ discussions on leadership qualities would also bring in a word of caution that as much as all people would want to attempt to be entrepreneurs, it is important that efforts are made on the need to learn and acquaint oneself with key leadership and entrepreneurship skills when operating in an emerging market (Naude and Rossouw, 2010). The fact that most emerging markets are not very developed must not be a reason or a cause for entrepreneurs to overlook the kind of competition they can present their businesses with. Stakeholder contribution in making Claim Realizable The weeks gone have also been very useful in understanding the roles that governments and other stakeholders such as nongovernmental organization have to play and have been playing in various emerging markets. As far as governments are concerned, a lot have been said as criticism against their actions and efforts so far. For example, most governments in emerging markets, particularly the Brazilian government has been criticized for doing virtually nothing to too little in ensuring that the form of support it gives to young entrepreneurs, especially those coming from foreign countries are financial support (Cahn, 2008). Meanwhile, as much as the other forms of support are important and relevant, even Dr. Yunu admits that financial constraints remain the most challenging obstacle to most young entrep reneurs who would have wanted to make the advocacy of his claim a reality by opening businesses in emerging markets. Currently, the commonest forms of support that exist for various entrepreneurs come in the form of political and environmental support as against economic support (Thukral et al, 2008). For the example, the likelihood that an entrepreneur will face opposition in the opening of a new venture in an emerging market such as Brazil is highly unlikely. But except one is an indigenous or local entrepreneur, the possibility of receiving support from the government is almost zero. The reason this is so is that government sees
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