New Zealand Idea Challenge - 1239 Words

Innovent 303 – Idea Challenge Funvironment New Zealand was ranked second in the world for ease of doing business (World Bank, 2016) and fourth for attractiveness to foreign investors (Milken Institute, 2015). These make New Zealand a favour place for entrepreneur to run a small to medium-size business. With increasing start-up opportunities, the entrepreneur education and training for New Zealand primary and secondary students (years 1-13) do not meet the needs of entrepreneurial practices. According to Vecchio’s Entrepreneurship’s Big Five, the entrepreneurial practices include risk-taking propensity, need for achievement, need for autonomy, self-efficacy, and internal locus of control (Nielsen et al, 2012). This essay will provide a solution to address this challenge, in particular, the use of Funvironment. Funvironment is an online social learning application for primary and secondary students to provide learning environment for children that foster creativity and enables them to follow their passions, gain c onfidence and find support from their peers, families and industry professional. The Idea Funvironment is an online social learning application which provides several workshops and family activities, such as volunteering or lemonade stand for children whilst bridging the gap between children, parents and educators. Funvironment allows children to learn independently and access learning contents anytime and anywhere. The app is free, and it is easily downloadableShow MoreRelatedEssay On A Filipino Doing Business In New Zealand1032 Words   |  5 PagesA Filipino Doing Business in New Zealand: The Personality Encounters Ahead New Zealand is occasionally described as a country of immigrants mainly for the reason that most of the people who are living here came from a different place. (Jones, 2008; US Fed News Service, 2008). Migrating to a different country is already a challenge, starting a business and managing people in diverse cultures would be much more. It is everyone’s dream to be an entrepreneur. Success stories like Bill Gallagher in theRead MoreNew Zealand s Food And Beverage Department1219 Words   |  5 Pagesdepartment that is designed to facilitate innovation in New Zealand’s food and beverage department. It is an easy accessible facility that can provide for small or large companies, even if they are just starting up. The Foodbowl is a national network of science and technology resources that are created to support the growth of both Food Beverage businesses. The FOODBOWL was designed as a facility where any company can produce larger commercial runs of new products for trial marketing and can even capitaliseRead MoreAn International Food Market That Only Hires Individuals Who Are Unemployed Will Help Combat The Social Issue Of Unemployment1729 Words   |  7 PagesThis business evaluation will look at whether or not creating an international food market that only hires individuals who are unemployed will help combat the social issue of unemployment in New Zealand. Unemployment is a huge issue in New Zealand and something needs to be done about it. The idea is to create a market that offers a starting point to the unemployed citizens where they can develop their skills, gain experience and finish with a reference and CV. The concerns of two key stakeholdersRead MoreDesigning New Products That Use Their Components Essay1128 Words   |  5 Pages- Invent new products that use their components as input and Develop other products that are complementary to their components †¢ Customers – the special requirement of the customer can be the new product of the market †¢ Complimentary innovators –for an example Microsoft is a complimentary innovator for Compaq 3. university government and private laboratories – the firms may need related research and development for both basic and applied. 4. other nations and regions – affect the ideas of other countriesRead MoreInnovation And Management Of Technological Development Essay1543 Words   |  7 Pages Proposal to Include Innovation and Management of Technological Development in the New Zealand Technology Curriculum Barbara Clarke TEMS340-16A Our current New Zealand Technology learning area aims to develop in students â€Å"a broad technological literacy that will equip them to participate in society as informed citizens and give them access to technology-related careers† (Ministry of Education, 2007, p. 32). 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English is the most spoken language. Meeting and greeting someone is very simple and casual here, it s usually a handshake and a smile. A smile shows that it was nice to meet them. They introduce themselves with title and

Question and Correct Answer - 7042 Words

World culture quiz ï‚ · Question 1 2 out of 2 points | | | Why did the arts develop in Mesopotamia?Answer | | | | | Selected Answer: | As celebrations of the priest-kings power | Correct Answer: | As celebrations of the priest-kings power | | | | | ï‚ · Question 2 2 out of 2 points | | | What did lost-wax casting enable the Mesopotamian sculptors to create?Answer | | | | | Selected Answer: | Larger and more lightweight bronze pieces | Correct Answer: | Larger and more lightweight bronze pieces | | | | | ï‚ · Question 3 2 out of 2 points | | | What classic struggle do Gilgamesh and Enkidu represent?Answer | | | | | Selected Answer: | Nature versus civilization | Correct Answer: |†¦show more content†¦on 16 2 out of 2 points | | | Why during the 8th century BCE were the Kushites able to control Egypt?Answer | | | | | Selected Answer: | The Egyptians needed stronger leadership to thwart an Assyrian invasion | Correct Answer: | The Egyptians needed stronger leadership to thwart an Assyrian invasion | | | | | ï‚ · Question 17 2 out of 2 points | | | Why did the Egyptians bury their dead on the west side of the Nile?Answer | | | | | Selected Answer: | Because of the symbolic reference to death and rebirth, as the sun sets in the west | Correct Answer: | Because of the symbolic reference to death and rebirth, as the sun sets in the west | | | | | ï‚ · Question 18 2 out of 2 points | | | Why is Nebamun Hunting Birds a sort of visual pun?Answer | | | | | Selected Answer: | The artist depicts actions that reflect sexual procreation, not hunting | Correct Answer: | The artist depicts actions that reflect sexual procreation, not hunting | | | | | ï‚ · Question 19 2 out of 2 points | | | What radical change in Egyptian religion did Amenhotep IV (Akhenaten) decree?Answer | | | | | Selected Answer: | He mandated worship of one god exclusively | Correct Answer: | He mandated worship of one god exclusively | | | | | ï‚ · Question 20 2 out of 2 points | | | Why was deciphering the Rosetta Stone so significant?Answer | | | | | Selected Answer: | The Stone provided the key to readingShow MoreRelatedCosts and Correct Answer1572 Words   |  7 Pagescosts are expensed when incurred. 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Russia’s Economic Future Free Essays

Russia’s economic future Nowadays, Americans always come up with the rise of China and India as new economic powerhouses on the global stage. It’s easy to forget that another superpower in Asia – Russia – occupied the central spot in our nation’s foreign policy consciousness for almost five decades after World War II. But Russia still matters. We will write a custom essay sample on Russia’s Economic Future or any similar topic only for you Order Now In August, global wheat prices surged to two-year highs after Prime Minister Vladimir Putin announced a ban on exports due to weather-driven supply shortages there. And the country remains a dominant supplier of oil and natural gas to the world market. Unlike China, however, the former Soviet Union has not been nearly as successful in making the transition from the communist era to a more market-based economy. According to Russia expert Bruce Parrott, not even the Russians are sure just what they want to be going forward. Although, the Russian economy faces serious challenges. Russian industry is not likely to regain an important role in a global economy that demands peak efficiency. Consequently, the export of primary commodities and raw materials is likely to remain the bulwark of economic development. Primary commodity markets are relatively more susceptible to fluctuations than are industrial markets. Russia is likely to continue to be influenced by economic trends that it cannot control. International investors, including the major investment banks, commercial investors, and companies interested in expanding their businesses in world markets have remained on the sidelines, scared off by Russia’s long-standing problems with capital flight, reliance on barter transactions, corruption of government officials, and fears of organized crime. The Russian government and leading economists in the country have developed an agreement on the need for various kinds of administrative changes. Failures such as corruption are not moral failures, but a failure of administrative structure. There is a consensus that the country needs to strengthen the institutional and legal underpinnings of a market economy. Improving the legal and regulatory structure would provide a reliable framework for improving governance, strengthening the rule of law, reducing corruption, and attracting the long-term capital needed for deep restructuring and sustained growth. The country also needs to improve its tax system to encourage greater tax compliance and a realistic appreciation in the opulation that the people must pay for the costs of a modern society. The government must avoid pressures to use central bank money to finance its budget deficit. Further reforms are needed in the banking sector, including a legal framework to make it easier to close down troubled banks. Any measures aiming to reduce poverty levels among workers are primarily associated with the increase in the official wages d rawn by the lower paid workers, the majority of which are women, and also with the identification and taxation of income in Russia’s informal sector. A positive sign was that in mid-year 2000, the Russian government adopted an official development strategy for the period 2000-10. The strategy identified economic policy directed at ensuring equal conditions of market competition, protecting ownership rights, eliminating administrative barriers to entrepreneurship, making the economy more open, and carrying out tax reform. The strategy identified the creation of an effective state performing the function of a guarantor of external and internal security and also of social, political, and economic stability. The strategy spoke of a â€Å"new social contract† between the more active sections of Russian society and the reformed government. Analysts of Credit Suisse bank believe that in the next 10 years the Russian economy will grow by more than 60 per cent. They base their forecast on the Russian abundant natural resources, the active development of its energy infrastructure, as well as on the country’s strong scientific and technological base in certain industrial sectors. We foresee a bright future for the Russian economy, and we forecast an increase of 4. 9 per cent in 2011 and of 4. 6 per cent in 2012, said the Credit Suisse bank analysts. They believe that the Russian economy will thereafter be growing by 5 per cent annually and they believe that the major reason for the increase in the Russian economy is due to the well developed oil sector, which is still developing steadily. Head of the Russian Academy of Sciences’ institute of economy’s center for comparative study of transitional processes, Leonid Bardomsky has this to say about the forecast of the Swiss analysts: â€Å"The Swiss analysts have made a conservative forecast, taking into account that in the last decade the Russian GDP has doubled. The experts have cautiously predicted an increase of 60 per cent, in view of the fluctuation of oil prices on the global market, where there is the expectation of an increase of 60 per cent which is normal for the sector. Income from oil can guarantee the mentioned 60 per cent increase, but reaching 100 per cent will require the development of nanotechnology†, said Bardomsky. He believes that the Swiss bank has no trust in this and hence its conservative forecast is based on global extraneous developments. Meanwhile, Russia’s economy has many problems also. For example, it remains very vulnerable to external shocks and has not yet been able to develop a stable base for continued growth and poverty reduction. While the data are not yet sufficient to carefully assess the impact of the economic recovery on the enterprise sector, it appears that the rebound in the non-oil/gas traded goods sector has so far been driven by the real depreciation of the ruble and the greater availability of capital. Furthermore, there are indications that industrial growth is beginning to slow. Therefore, maintaining a realistic exchange rate, while controlling inflation, must remain a policy priority for sustaining the recovery and future growth of the real economy. Strong fiscal discipline needs to be maintained. A large swing factor is, of course, the level of capital flight, the reduction of which depends on progressive improvement in the investment climate in Russia. Finally, over the longer-term, Russia’s deteriorating infrastructure is a matter of concern. Russia’s basic public infrastructure—including roads, bridges, railways, ports, housing, and public facilities such as schools and hospitals—was built during the Soviet period. After independence, investment in maintenance and new construction of public infrastructure has fallen dramatically. Russia’s aging physical plant is likely to become an increasing constraint to growth unless an improved investment climate can ensure substantially higher levels of investments than is presently the case. According to these problems, Russia should diversify its economy and not rely solely on oil and gas if it wants to achieve a significant breakthrough; it should continue to keep the ruble weak in relation to other world currencies, to get the best from, the export of its raw materials. The Managing Director of the Department of Global markets of The New York-Mellon Bank, Michael Wolfork, says that in the first half of the New Year, prices of the Russian raw materials will increase as a result of high demands, and it will come about due to the lower exchange rate of the ruble against the dollar. European countries, the U. S and Japan will be buying more Russian goods if the ruble remains weak, said Wolfork. I think the world wants Russia to have a strong economy, to bring benefits not only to Russians, but also to the rest of the world. If the potential of the Russian economy increases, the economies of the rest of the world will likewise be boosted. Financial experts believe that by 2030, the Russian economy will become the strongest in Europe, and this view is backed by experts of Price Water House Cooper in a report circulated in the City of London, the financial center of Britain. It is believed by experts that by 2030, the Russian economy will become the 5th strongest in the world. How to cite Russia’s Economic Future, Essay examples

Theory of Microeconomics Free-Samples for Students Myassignment

Question: The CEO of HAPPY enterprise has decided to change its business strategy from a sales maximising strategy to a Profit Maximising Strategy. Use graphs to support your explanation of the two Methods a company can use to decide on how much it has to produce to ensure it achieves a profit Maximising Output level. Answer: Sales maximisation strategy and Profit maximisation strategy Figure 1: Sales maximisation graph (Source: created by author) Through sales maximisation revenue a firm makes as much as revenue without making a loss. Sales is maximised where marginal revenue is zero. In the above diagram, P0QA is the amount of maximum revenue that the firm can earn. PCMA is the amount of profit. Firm intends to maximise revenue by increasing sales volume at a lower price (Rader 2014). Profit maximisation strategy Figure 2: Profit maximising output and price (Source: created by author) Profit is maximised where MR = MC and produced output is Q2, which is less than revenue maximisation output. PCDB is the maximised profit of the firm. Firm maximises profit by charging higher price and selling lesser output (Waldman and Jensen 2016). Reference Rader, T., 2014.Theory of microeconomics. Academic Press. Waldman, D. and Jensen, E., 2016.Industrial organization: theory and practice. Routledge.