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Company BackgroundThis is a report on the Piraeus Bank who provides financial services to customers and is based in Greece. There are many opportunities outside the current market, which the company can capitalize on by allocating impact investing. The report shows how the company can create a double bottom and earn profits from the gaps, which is being initially neglected by the company. The report shows the perspective of an intrapreneur who...
Introduction and Reflective Journal ScopeA reflective journal is nothing but a means of recording personal thoughts, ideas, experiences, reflections and also the insights gained while the learning process or throughout the research process. Jotting down all the experiences on a single piece of paper might give a new and entirely different perspective over certain things or issues. The reflective journals are also considered a great way to find c...
Internal environmentThe report analyses the impact of various internal and external factors that sometimes help as well as create problems in the company’s growth. The company is doing a profitable business in New Zealand as well as the other islands in south Pacific. There are important factors that support its business and increase its market penetration (Zlatevska et al., 2016). System: Tip Top is a subsidiary of Fonterra which is...
The Relationship between Formative and Summative AssessmentsOrganization is accompanied with the complex set of activities in which various functions are performed. This report has reflected the key understanding on the opportunities and ideas of entrepreneurship and value creation of the business. In the starting of this report, entrepreneurship themes and other key skills of Entrepreneurship and leadership have been taken into consideration....
Background of Katie PageEntrepreneurship is an essential characteristic that is possessed by a person, having the confidence and diligence of establishing a business of their own. The characteristics of such a person include confidence, innovation, hard work as well as high risk. Australia has a large number of famous entrepreneurs who have left their footprints in the business world, and has established themselves as leaders in the business w...
Overview of Flat6LabsAn entrepreneur is a person who makes an organization for commercial purpose and entrepreneur must be energetic. Moreover, entrepreneurship is the method of designing, running and launching a new business that is often in initial stage a small business. Moreover, entrepreneurs must have the willingness to organise and develop a business venture in order to make a profit. However, not all business start-up can see the light...
Process of InnovationInnovation is a procedure of converting creative ideas into reality to improve existing product, service and process. In recent years, the role of innovation has grown substantially, and corporation uses it to gain competitive advantage and sustain their development in the market. Experts argue the importance of incremental innovation when compared to radical breakthroughs or ‘eureka’ movements in innovation. T...
Analysis of the characteristics or traits of the EntrepreneurSam Prince, an Australian doctor who is a Scottish-born individual with Sri Lankan heritage working as an entrepreneur. Sam runs a Mexican restaurants chain as well as he is much involved in aid and social work in three major regions comprising Cambodia, Vietnam and Sri Lanka. At the age of 21 only, Sam started working as a Chef in the Mexican Cafe. It was the time when Prince was ...
Problem and need analysisThe report includes the initial and ideal concept of entrepreneurship and how the business gets started. Hypothetically the ‘Foam & Tear Free Shampoo’ and conversion of ‘Waste to Wow’ has been selected as the ideas for inculcating the business. In order to start the business firstly, the niche market is targeted, in concern with Foam and Tear-free shampoo the target market is newborn babies ...
The Company's GrowthThere is a need to set up SMART growth objectives for I face. These objectives will serve as the motivation for the employees and keep the organization on the right path of progress. The objectives can be as follows: a) To increase the revenue by 1 million in 3 years b) Increasing the profit margin by 30% in 3 years c) Increasing the customer retention rate d) &nbs...
Assessment/evidence gathering conditionsIt is expected that unless a simple extension, special consideration or disability services adjustment has been granted, candidates will submit all assessments for a unit of study on the specified due date. If the assessment is completed or submitted within the period of extension, no academic penalty will be applied to that piece of assessment. If an extension is either not sought, not granted or is gr...
Value propositionThe apparel and footwear market of UK is growing rapidly during the last few years especially after 2011.In the financial year of 2018, the market value is expected to reach to almost 60.7 billion Euros which was 57.8 billion last years (Remy, Speelman and Swartz 2016). However, few problems are undertaking such as water consumption as production of a single cotton t-shirt needs to use 2700 liters of water. Moreover, every yea...
The Concept of Entrepreneurship, Small Business, and InnovationThe role of sports in modern world is very crucial for ensuring that the people are engaged in physical activities and thereby also maintain their fitness. Among the different sports which are played in different countries, Football is the most followed and celebrated sports. The sports of football capture the imagination of young generation and also, they tend to follow the footba...
Key Milestones for a Sushi Restaurant BusinessMilestone for the sushi business is relevantly essential, as it helps in understanding the pathway in which the business can direct and flourish. In addition, the milestones indicate relevant dates and projection of identified achievement, which needs to be conducted for luring in investors and gathering the required funds for the business. Furthermore, the milestones relevantly indicate the future...
Vision StatementAssure Company is a United Kingdom based company, which is planning to launch its first wireless chargers by the first week of July, this year. The company has understood the issues of the consumers and how they have encountered problems with messy cables and less charging points, while travelling. Wireless charger comprises two different parts that is a central distributer and various small receivers. The unique selling propos...
Structures and systems in relation to EntrepreneurshipEntrepreneurship refers to process of the launching and running of a new business that is often initially a small business. It is indicative of the capacity along with willingness of developing and managing a business venture that can help a business in making profit. There are high risks that are involved in launching start-up and a large part of the start-up business have to close down ow...
Background of Katie Page and Harvey NormanThis essay is about a successful woman entrepreneur of the world - Katie Page, who is currently working as a CEO of Harvey Norman. Katie Page is known as Australia's most successful woman business entrepreneur. Harvey Norman Company is a famous retail channel of furniture goods, consumer goods, electronic items, computers, communication devices, office furniture and appliances, and even beddings as wel...
BackgroundSir Robert Kuok born on 6th October in the year 1923 is a business entrepreneur and investor in Malaysia. The Forbes magazine has published that total property is estimated to be $14.8 billion in March of the year 2018, which makes him the richest man in Malaysia and sixth richest person in Southeast Asia. Forbes List of World Billionaires of the year 2018 has positioned Robert Kuok in the 96th position. In May of the year ...
Opportunity formationIt is being planned recently that a multi cuisine restaurant will be opened in the city of London. Their main aim is to offer several delicious dishes from several different cuisines at a cheaper rate and to be different from the other similar restaurant which can help them to retain their customers. The organization is to be built at Brick lane Market which is one of the busiest market places of London. This locatio...
Set for Life Lottery: An Example of Ordinary IncomeHere the case to be discussed is about the Lottery Commission. The lottery commission hosted a lottery called the “Set for life”. This lottery is the official lottery of Australia. In this type of game the winner has to choose a set of numbers and these chosen numbers has to click with the winning numbers (Woellner et al., 2016). In the lottery discussed in this project the winner...
First personal journal entry setEntrepreneurship represents the capacity of a unit to establish and successfully lead a start-up business. In the opinion of Johannisson (2017), entrepreneur definitely needs to have few positive traits to conduct a successful business that includes, optimistic nature, positive body language, transparent communication, leadership, team handling, correct allocation, sales and marketing and finance management. The i...
Ci 2017 (creative innovation 2017) by, Gary or Liz BaldwinCi 2017 (creative innovation 2017) by, Gary or Liz Baldwin, Baldwin Consulting Group was held on 13-15 November 2017, Melbourne, Australia. Ci2017 ("Nationalpolicyseries.com.au", 2018), main motive and aim was to increase the awareness of the advancement of robotics, artificial intelligence, healthcare, automation of jobs and vehicles, workplaces and cities of the future and other...
BackgroundAccounting for investment in joint venture is done as per regulated standards. According to which investment value is increased by the amount of share in profit (Murray, 2018). Dividend received from investment will reduce the investment value (CFI, no date). At the time liquidation of any company, the realization of the assets is allocated to the secured creditors, liquidators etc. and the balance shall be distributed proportionate...
Question 1: Accounting for investment in Fry Ltd by Small Ltd1.The following are the desired calculations: Part a: When consolidation is not done Particulars Debit Credit 01.07.2017 Investment in Fry Ltd 50,000.00 Cash 50,000.00 01.07...
Background of Bruce Jeffreys and Development of his Entrepreneurial PropensityEntrepreneurship refers to the act of creation of business that can help in the generation of profit of an individual. An entrepreneur initiates social change by the creation of an innovative product or service (Scarborough 2016). This report throws light on the background of entrepreneur called Bruce Jeffreys and the traits in his personality that helped him in emer...
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