Friday, April 10, 2020
Best Entrepreneurship Summer Programs for High School Students
The summer is a great time for students to explore potential academic interests or to delve into extracurricular activities that can help them determine whether an intended major is a subject area they really want to explore in college.This week, we take a look at a few out-of-the-box entrepreneurship summer programs (that still have an open application window) for the high school entrepreneur.BUSINESS / ENTREPRENEURSHIPProbably our broadest category in the sense that you can really do anything, Business majors learn anything from Economics and Statistics to Marketing to Management to Organizational Psychology. As an entrepreneur, you can participate in any of the programs upcoming or create the opportunity you want!Stanford Summer Silicon Valley Innovation Academy Program Highlights: 7 week program focused on creating and working on completing a team-based moonshot project; students will prototype and showcase a final project. Location: Stanford University in Palo Alto, California Requirements: High school transcript, standardized test scores (optional), extracurricular activity resume, 2 personal statement essays, recommendation letter Apply by: Rolling admissions until May 1st, 2019 Cost: $14,426 to $17,054, depending on program (includes tuition for course credit, room board, and all fees) Program website:https://summer.stanford.edu/program/silicon-valley-innovation-academy Business Leadership Immersion at GeorgetownProgram Highlights: 3-week business simulation that takes students through the entire process of starting a company as an entrepreneur. Location: Georgetown University in Washington, D.C. Requirements: 300-500 word personal statement; official academic reference; minimum 2.0 GPA Apply by: May 31st Cost: $6,358 (includes tuition, meals, and room board) Program website:https://summer.georgetown.edu/programs/SHS03/business-academy Business Bootcamp at University of RochesterProgram highlights: Over 3 weeks, students will create their own business plans and practice pitching their ideas as they develop their best business strategies. Location:University of Rochester in Rochester, New York Requirements:short essays; high school transcript; letter of recommendation Apply by:Deadline extended - rolling. Program dates:July 8ââ¬â26, 2019 Cost:$5,100 (includes tuition and room board) Program website:https://enrollment.rochester.edu/precollege/intensive-studies/ Camp Business at Drexel UniversityProgram Highlights:Campers learn foundational business subjects: accounting, marketing, finance and management as well as the stock market, financial documents, and the role of technology. The weeklong program culminates in a group business case competition. Location: Drexel University in Philadelphia, Pennsylvania Requirements: Application form; letter of recommendation; scholarship application (optional). Preferenceis given to students with outstanding GPAs and standardized test scores (PSAT, ACT, and SAT are considered) as well as active involvement in extracurricular or community service activities. Apply by:May 31st, 2019 Cost:$750 (commuter), $1,500 (residential) Program website:https://www.lebow.drexel.edu/admissions/undergraduate/pre-college-programs/camp-business Berklee/Brown Creative EntrepreneurshipProgram Highlights:Through lectures and workshops with creative entrepreneurs, students will learn how to take an idea from prototype to presentation. Over the course of 2 weeks, students will design a hands-on project. The Berklee portion will allow students to delve into creative environments, such as recording studios and concert stages to learn how the work of artists and creatives provides a model for entrepreneurs. Location: Brown University in Providence, Rhode Island and Berklee College in Boston, Massachusetts Requirements: Short essay (1,500 characters or less) answering: What do you hope to learn about creative entrepreneurship, communication and leadership? What concrete skills, attitudes, or knowledge will you contribute to this program?; academic transcript; relevant websites or products (optional); scholarship application (optional) Apply by: Rolling - fees increase after April 30th Cost: $6,100 Program website:https://precollege.brown.edu/berklee-brown/ ââ¬â¹Of course, as an entrepreneur, you are more than welcome to create your own summer opportunity. Working on your own business or launching a product or service with some friends is a great way to learn on the job and get real world entrepreneurship experience that you dont have to pay for!Plus, entrepreneurship doesnt necessarily mean starting a for-profit business. Working on a community-based project thats born from your initiative or tackling a creative endeavor that requires coordinating resources is in every way entrepreneurial as well. So dont let yourself be limited by what you may at first glance define as entrepreneurship. As long as you work on something you care about over the summer, you can create the opportunities you seekandthatis impressive entrepreneurship.
Monday, March 9, 2020
Secrecy, a major downfall
Secrecy, a major downfall Often it is necessary for a character to keep a secret in order to achieve his/her goals. However, divulging this secret at a certain moment might in fact affect the outcomes and events of the work as a whole. Similarly Henrik Ibsen's A Doll House brings about this topic by the incorporation of Nora into the play in which secrecy affects the outcome of not only the character but of the entire literary work. Thus proving that secrecy can lead to the downfall of the character and the view of those around them as Nora is when her secret is revealed, inevitably causing a certain lost.A Doll House is a remarkable play which depicts and brings about the problems with secrecy through it's character, portrayed her as Nora. This secret that Nora has kept and "In time she will [reveal]" is the catalyst for the turn of events which occur.English: Norwegian writer Henrik Ibsen photo portr...Nora's current social position and status prevents her from revealing and divulging why she borrowed money from a stranger and forged a contact. The reason for this action taken by Nora which is later on revealed is to save the precious life of her husband whom with out the proper care would have died. This deceit however brings the destruction of the character and the downfall of her being.While Nora would have chosen a good time to exposed her secret, another event expedited this secret and brought about the truth into the air, this even was the hiring of Mrs. Christine Linde an old school mate of Nora which needed to get a job, this therefore added to the inevitable lost of position/job of Nils Krogstad. This automatically caused Krogstad to try to manipulate Nora into convincing her husband Torvald Helmer to get his...
Saturday, February 22, 2020
Business Accounts and Users of Financial Statements Research Paper
Business Accounts and Users of Financial Statements - Research Paper Example This paper tells that each of the usersà of financial statements has different needs and interest in financial information. First, investors require financial information to assist in making investment decisions. Before putting their resources for investment purposes, investors have to evaluate the performance of firms to establish whether the businesses can enable them to earn their required rate of return (Fess & Warren 1993). This would help them make an investment decision and determine what amount to invest in a firm. Shareholders are also interested in the financial performance of the firm as it determines the dividends they will receive and the worth of their investment. Firms with good financial performance well will have good share prices and shareholders will need this financial information to determine whether to sell their shares or buy more shares (Nikolai, Bazley, & Jones 2009). Lenders are the second users of financial information. Lenders are either individuals or f inancial institutions that offer loans to firms that are need of funds. Before making their lending decision in terms of whether to lend and what amount to give to firms. They have to look at the financial performance to determine the risk of their money. The lenders will be interested in the performance of the firm within the duration of their loan (Fess & Warren 1993). In addition, the employees and their unions are also interested parties of a firmââ¬â¢s financial statement. Employees put their efforts in ensuring that the firm achieves their objectives and therefore need feedback on their performance. They also require the financial statements as a basis for bargaining for their increment in remuneration and other benefits like retirement.à The employees also need financial information to help in the formulation of new strategies that are meant for improving the performance of the organization. Financial information as well is needed by the employees to determine the organi zation continued existence for job security purposes. Creditors and suppliers are also interested in the financial information to determine the ability of the business to pay their owing debt as they fall due. This group is interested in the short term liquidity of the business rather than the long term performance (Deloitte 2011). Firms with good financial performance will have reliable creditors. Moreover, customers are also interested in the financial performance of the business in cases where they are interested in long term relationship with the business. Customers who depend solely on the business for their products will need to require surety of the business continued existence. Notwithstanding, the government authorities be it federal or state need the financial information for regulatory purposes. The security exchange authority will need financial information to determine the policies and to determine the national income of the country (Deloitte 2011). They also require fi nancial performance as a way of determining the soundness of the capital markets. The public may also be interested in the financial performance especially to businesses that affect the general public good. The public closely monitors businesses that are major employers or contribute substantially to the economy (Kravitz 1999).Ã
Thursday, February 6, 2020
Comparison between american and japanese army in world war 2 Research Paper
Comparison between american and japanese army in world war 2 - Research Paper Example It is worth noting that in the beginning of the war, with Japan bombing Pearl Harbor, Japan can be considered as having air force capabilities that were considerable in 1941, even as the United States was in a state of trying to accelerate its air force program through a rapid buildup in capabilities. What prompted this hasty buildup was Germanys invasion of Poland two years before the Pearl Harbor invasion, with Hitler signaling its ambition to take on Europe by force. At the time of the Polish invasion the American Air Forces consisted of less than two thousand aircraft and just 26,000 people. The US War Department signaled its own intent to radically beef up its air force capabilities with the establishment of the AAF, or the Army Air Forces, making it equal in stature to the ground forces of the US Army (Craven and Cate; Weinberg; US Air Force; Weider History Group). After 1941, it became clear to the US that the war could not be won without the necessary radical expansion of its air force capabilities, and the manic buildup process resulted in the United States eventually producing the largest air force fleet in the world, eventually overcoming the air forces of the Germans and the Japanese. The capabilities of the US Air Forces at the height of that buildup ran through a wide array of tactical functions and uses, from reconnaissance to bombing to attacking, personnel training, and transporting. At its height, the US Air Forces had an inventory of more than 80,000 aircraft with different capabilities and uses, while its personnel count reached more than 2.4 million people. A sampling of the inventory of aircraft used in the war effort included the B29 Superfortress, the B17 Flying Fortress, the C47 Skytrain, and the P51 Mustang (Coakley; Adams 1994; US Air Force). The final year of the war saw the complete overpowering of the counterpart US air forces of the Japanese, capped by
Tuesday, January 28, 2020
Food and Beverage Essay Example for Free
Food and Beverage Essay Hotel Les Fontaines has a strategy that differs very largely from any of its competitors, as it is one of a kind in its region. The company will focus on delivering a service that provides a more personalized and refreshed service style. There would be more attention to detail especially in the restaurant outlet of which has been proposed as this would be a value added for Les Chalets Des Mosses. Also the operation costs would be lower in the restaurant area compared to rooms, as clients who stay at the hotel are budget guest who like to spend less and in return expect quality service and product. The hotel operates for ten months throughout the year. The restaurant opens for service during lunch and dinner. For the lunch period simple, smart, and affordable dishes catering to the customers needs will be served. As most of the consumers will be children from ages four to twelve and parents from early thirties to late forties, a menu healthy and enjoyable menu for the guests will be designed. Even though quick service would be offered for lunchtime the quality of the food and service would not be compromised. This would allow for the restaurant to make a good first impression in order to encourage the guest to return to Pomodoro On the other hand, the dinner will have a drastically different objective. The average dish will be more luxuries and elegant and will be served in an a la carte fashion. The atmosphere at dinner will promote a sensational and comfortable time for our guests. Both the hotels image and the restaurant harmonize in theme. The hotel Les Fontaines provides a great experience for the clienteles, enticing them to return to Les Chalets des Mosses. Vision: Hospitality is all about the individual and at Les Chalets des Mosses we pride ourselves on our unique service culture. We are in business to meet our customerââ¬â¢s needs and promises that each guest will be treated with a positive service attitude at every point of contact. From the hotel manager to the cleaner and everyone else in-between plays a vital role in delivering a memorable guest experience. Mission: The mission of the restaurant is to deliver the most comfortable and soothing experience for the clients. With exceptional service, responsible stewardship, and high quality food an excellent experience can be provided. Therefore, the Pomodoroââ¬â¢s main objective is to focus on the customersââ¬â¢ best interests. Les Chalets des Mosses provides budget travelers and tourists with a choice of excellent hospitality products that offer excellent value for money, while assuring a good return to owners and inspiration to employees. Objective: The main object of Les Chalets de Mosses is to have a return on investment within two years form Pomodoroââ¬â¢s. Building a loyal customer base and a long-term marketing strategy are what Hotel Les Fontaines is seeking to achieve. Pomodoro is an ambitious concept that is currently, planning on growing and expanding by the year 2020. Also the Pomodoro is trying to aim for eighty to eighty-five percent occupancy rate for the lunch, which will operate for two and a half hours daily. As for dinner Pomodoroââ¬â¢s is trying to attract around seventy to seventy-five percent occupancy. By having a total of hundred twenty seats prepared in the restaurant, the Pomodoro will be the main focus of the companyââ¬â¢s FB branch. The restaurant has made a completely different transition from its original concept. Not only did the restaurant change in its size, the type of services and it dishes the market segments has also changed. The most effective sales and marketing tactics have been selected to define the restaurantââ¬â¢s image. The name, Pomodoro, is the first major change to help identify the new Italian restaurant that has opened in Les Chalets des Mosses. The restaurant also has a bar, which would play an important role as while guest are waiting for the table they could spend time at the bar. During the waiting time guestââ¬â¢s may spend money at the bar allowing the restaurant to further maximize its revenue. Also, this new concept of the bar would be perfect after a long day at the ski slopes. The Hotel Les Fontaines will also incorporate three major principles (Schultz Horvath, 2008). The first principle is the training and development process of staff members. By creating a strong and effective program for the staff members, the employees will be able to satisfy even the specific needs of the customers. The Hazard analysis and critical points (HACCP) will be incorporated in the training program to deliver a food safety and social responsibility. With this our guests would feel at ease to eat at Pomodoroââ¬â¢s and families would be more than happy to be with their children. The training program will have to take place before the restaurant begins to operate in 2013. The second principle is the ability to operate efficiently. The restaurant should be able to deliver highly effective operations to the clients. Lastly, the culture of customer service should be noted. Without the necessary service to deliver the satisfaction and gratification of the consumer, a loyal customer base cannot be built. Les Fontaines will incorporate the referral marketing for the market strategy. The referral marketing is no doubt the best way to maximize the revenue and raise the awareness of the company and standards to the local customers (Schmitt, Skiera Bulte, 2011). FB Strategy: Diversification is one of the strategies that best fit the new operations situation, as Les Fontaines is in search of a new product and market (Gine, Pisano, Sorell, Szigety, 2006). The restaurant has taken extreme measures to differentiate itself from the competition in the Les Mosses region. As the restaurant caters to a niche market, it will have minimum competition with the surrounding business in the region. This is due to the fact that Pomodoroââ¬â¢s offers various activities for children of which the surrounding hotels do not offer. The psychographic, demographic, geographic, and purchase behavior of clients were analyzed in order to help Les Chalets des Mosses strengthen it own image (Yankelovich, Meer, 2006). In order to create such strategy, the restaurants must create an engaging and rigorous loyalty program. The goal of the hotel is to have local customers who will visit the hotel on a regular bases during the various events that take place in the region of les mosses. Since, the hotel will promote its special offers via newsletter through the zip code, not only does the newsletter grab the customers attention, but also the local customers will become frequent clienteles. This marketing strategy would benefit the whole hotel, not just the restaurant. By sending out newsletters promoting events or special offers in both the hotel and restaurant it may encourage guest to not only use the food and beverage outlets but also to stay and enjoy the experience. The company will take a step forward by taking surveys of the clienteles regarding the activities and subjects that interest them. This way Les Fontaines will be able to predict what the clienteleââ¬â¢s hobbies or taste are and provide a service that incorporates partnerships with other companies. For example Pomodoroââ¬â¢s can promote a snow-tubing event to the customers by providing ticket deals. According to Michael Porter, a Harvard Business School professor and the reigning guru of competitive strategy, competition within an industry is driven by five basic factors (Porter, 1979): 1. Threat of new entries. 2. Threat of substitute products or services. 3. Bargaining power of suppliers. 4. Bargaining power of buyers. 5. Rivalry among existing firms. We understand that using one strategy is impossible in todays society, as the range of customers are more diverse as globalization has a larger impact in todayââ¬â¢s society. The Les Fontaines will be promoted in various ways. The newsletter will act as a tool to commercialize the companyââ¬â¢s anniversaries and offers. Unlike, the other rivals the company will begin to engage the customers with a more personal touch. The snow tubing company in Les Mosses will further advertise the hotel and vice verse due to their partnership. Furthermore, the referrals will function as the companyââ¬â¢s key promotional tool. Both Pomodoro and hotel Les Fontaines will attract customers through the various services, products, offers, and business proposals. None of the competing hotels and FB outlets substantially reshaped their business strategies and market segments like Pomodoroââ¬â¢s. The awareness of the hotel will most definitely rise as the customers and other partnering companies spread the word. The company will have a dominating number of advertisements in comparison to the other competing ventures due to their various partnerships. The hotel provides a pleasant and sophisticated service that was specifically designed to differ from other surrounding hotels within the region. Both the restaurant and the hotel will offer a personalized touch to the service that will be provided. This will attract new customers and build strong customer relationships, as the customers will return to the venture on a frequent basis. Despite the cluttered market, the unique products that were designed to meet the specific needs of the customers makes the Les Fontaines stand out from its competitors. List of References: Gine. F, Pisano. G, Sorell. M , Szigety. M. (2006). RD Portfolio Strategy, Diversification And Performance: An Information Perspective. (Doctoral dissertation, Harvard University) Retrieved from http://hbr.org/1979/03/how-competitive-forces-shape-strategy/ar/1 Porter, M. E. (1979). How competitive forces chape strategy. (Doctoral dissertation, Harvard University)Retrieved from http://hbr.org/1979/03/how-competitive-forces-shape-strategy/ar/1 Schmitt, P., Skiera, B., Bulte, C. V. D. (2011). Why customer referrals can drive stunning profits. (Doctoral dissertation, Harvard University)Retrieved from http://hbr.org/2011/06/why-customer-referrals-can-drive-stunning-profits/ar/1 Schultz, G. C., Horvath, A. G. (2008). Strategic plan: 2008-2013. Informally published manuscript, Finance Business, Pennsylvania State Yankelovich D, Meer D. (2006). Rediscovering Market Segmentation. Retrieved from: http://hbr.org/product/rediscovering-market-segmentation/an/R0602G-PDF-ENG
Monday, January 20, 2020
1900-1910 Essay -- American History World History
1900-1910 At the beginning of the 20th century a New York editorialist wrote that the 20th century began in the United States with "a sense of euphoria and self-satisfaction, a sure feeling that America is the envy of the world"(World History Timeline "1900-1901"). The president was Teddy Roosevelt, who enjoyed enormous popularity due to the general happiness of the American people. A thriving industry created many jobs for immigrants and others. A monumental event took place in 1901 when the New York Stock Exchange exceeded 2 million shares for the first time ever (World History Timeline "1900-1901"). The tycoon J.P. Morgan created the U.S. Steel Co. in 1901, which became the first billion-dollar corporation in the world (Historical Daily Almanac). The Ford Motor Co. was established in 1903, and Henry Ford developed the first Model T automobile that sold for $850. All of this led to an extremely low unemployment rate of 4%(Historical Daily Almanac "1904"). In 1902, the Wright Brothers made aviation history with their first flight at Kitty Hawk, North Carolina. This was the first step for air travel as a means of traveling great distances in a relatively short period of time (Historical Daily Almanac "1902"). Music was also becoming more and more popular. The roots of jazz started to form during this decade, and ballroom dancing began to gain popularity at the end of the decade (American Popular Music "1910"). Even though times were good, problems did still exist. Race riots occurred often as blacks pushed for more freedom. When Booker T. Washington was invited to the White House in 1901, a riot broke out in which 34 people were killed (World History Timeline "1900-1901"). Whites were not quite ready to accept the fact that ... ...r instinct, and during this decade people did just that in the fields of art, literature, business and sports. All of these different areas flourished during the first decade of the 20th century. Works Cited World History Timeline: 1900-1910." 5 Feb 2001. <http://members.theglobe.com/algis/20thcent>. "Historical Daily Almanac." 5 Feb 2001. <http://infoplease.lycos.com> Keyword: World History 1900. Pioch, Nicolas. "Fauvism." 31 Dec 1995. WebMuseum, Paris. 5 Feb 2001 <http://www.ibiblio.org/wm/paint/tl/20th/fauvism.html>. "American Popular Music 1900 to 1950." 5 Feb 2001 <http://www.nhmced.edu/contracts/Irc/kc/music-2.html>. Magill, Frank. Great Events In World History Volume III. Englewood Cliffs, New Jersey: Salem Press, 1973. Wehrle, William O. History of the University of Dayton. Albert Emanuel Hall, University of Dayton, 1937.
Sunday, January 12, 2020
Nonsampling or Systematic Errors
Nonsampling errors can occur both in a sample survey and in a census. Such errors occur because of human mistakes and not chance. The errors that occur in the collection, recording, and tabulation of data are called nonsampling errors. Nonsampling errors occur because of human mistakes and not chance. Nonsampling errors can be minimized if questions are prepared carefully and data are handled cautiously. Many types of systematic errors or biases can occur in a survey, including selection error, nonresponse error, response error, and voluntary response error.The following chart shows the types of errors. (i) Selection Error: When we need to select a sample, we use a list of elements from which we draw a sample, and this list usually does not include many members of the target population. Usually it is not feasible to include every member of the target population in this list. This list of members of the population that is used to select a sample is called the sampling frame. Thus, the sampling frame that is used to select a sample may not be representative of the population. This may cause the sample results to be different from the population results.The error that occurs because the sampling frame is not representative of the population is called the selection error. If a sample is nonrandom (and, hence, non representative), the sample results may be quite different from the census results. (ii) Nonresponse Error: Even if our sampling frame and, consequently, the sample are representative of the population, nonresponse error may occur because many of the people included in the sample did not respond to the survey. This type of error occurs especially when a survey is conducted by mail.A lot of people do not return the questionnaires. It has been observed that families with low and high incomes do not respond to surveys by mail. Consequently, such surveys over represent middle-income families. This kind of error may also occur in a telephone survey. Many people may not be home when the interviewer calls. This may distort the results. To avoid the nonresponse error, every effort should be made to contact all people included in the survey. (iii) Response Error: The response error occurs when the answer given by a person included in the survey is not correct.This may happen for many reasons. One reason is that the respondent may not have understood the question. Thus, the wording of the question may have caused the respondent to answer incorrectly. It has been observed that when the same question is worded differently, many people do not respond the same way. The answers given by respondents may differ depending on the race of the interviewer. (iv) Voluntary Response Error: Another source of systematic error is a survey based on a voluntary response sample.The polls conducted based on samples of readers of magazines and newspapers suffer from voluntary response error or bias. Usually only those readers who have very strong opinions about the issues involved respond to such surveys. Surveys in which the respondents are required to call some telephone numbers also suffer from this type of error. Here, to participate, many times a respondent have to pay for the call and many people do not want to bear this cost. Consequently, the sample is usually neither random nor representative of the target population because participation is voluntary.
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