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string(92) of Finance and Economics ISSN 1450-2887 Issue 52 (2010) Â © EuroJournals Publishing, Inc. Worldwide Research Journal of Fina...

Wednesday, October 16, 2019

The Role of the HR Function Assignment Example | Topics and Well Written Essays - 1250 words - 1

The Role of the HR Function - Assignment Example This paper illustrates that some of the main challenges that HR departments are confronted with are the acquisition of new technologies, new skills, incorporating social values, deteriorating conditions of work, etc. The project makes an assessment of the major roles of HR and their importance in the organizations. The basic function of HR in a variety of technical, complex, analytical tasks is to support the internal HR services in the department. The department conducts various duties apart from recruitment and selection, compensation plan administration, classification, affirmative action, position control, benefits administration, and personnel policy administration, labor contract. Besides it is also required to handle such responsibilities as interpretation, processing, and tracking of grievance, labor and employee relations, acting as the chief negotiator for the agency’s contract/s performance appraisal tracking, and also a wide variety of activities. One of the major roles of HR functions is to manage line management. The HR departments have the responsibility of communicating the roles of the line managers. There is also an increasing requirement for the personnel activities to be measured against the costs involved and the value that they add. The HR plays the main role in measuring the balance between the above aspects. Team development and management account for another important function of the human resource departments in organizations. This is done starting from the process of recruitment, selection, management, promotions, staff development etc. Recruitment involves looking for the right candidates according to the requirements of the organization. This includes choosing candidates according to their educational qualifications, setting the job roles and job descriptions etc.

Tuesday, October 15, 2019

Individual Business Report Essay Example | Topics and Well Written Essays - 1750 words

Individual Business Report - Essay Example Our Mission: The mission of Lancome male skin care is to offer and supply products and services that will improve the physical appearance of men while maintaining their masculinity, and this promotes appreciation of gender diversity and presentable male appearance in the society. Value proposition Lancome male skin care is in a very competitive market structure that requires great value propositions. In this case, it strives to ensure that the clients enjoy high-end skin care products with affordable prices with a satisfactory feedback. This will boost its client numbers and expand its market base. The Opportunities Lancome male skin care has a lot of advantages that gives it a competitive advantage over similar companies and this entails: †¢ Differentiated skin care products that capture the male client preference diversity †¢ A multi-choice of high-end products and service offer at a significantly cheaper price compared to the competitors hence attracting more clients â⠂¬ ¢ Ability to meet immediate demand of customers on products supply and service delivery †¢ Easily approachable services that are reliable and meets the desires of the clients. Target Market The typical consumers of Lancome male skin care include: †¢ Urban male dwellers most of whom are average earners or are elite socioeconomic groups †¢ Clients with middle class annual income estimated at more than $ 50,000/year †¢ Most of the customers love their body appearance and skin texture †¢ Most of the clients show interest in fashionable so that they can gain confidence, feel relaxed, attractive and maintain masculinity. †¢ Most of the customers targeted are male life-longing men in the age bracket ranging from 15-35 years age group. These individuals are still at the heights of seeking appearance Clients’ needs that the firm seeks to meet include; †¢ Provisional of services that will make the clients show their sensitivity to fashion and their personalities at home †¢ Provision of products that will be consistent with the fashion and standard quality as per the client’s taste †¢ Ensure that the prices of the services and products are affordable †¢ Offer more services under same product package at a fairly cheap price as this will substantially save the consumers their money. The Marketing Mix The concept of marketing in this case is vital for the survival of Lancome male skin care. The first approach is to analyze the feature of the products so that potential customers and the existing ones can be made aware of the wide variety on offer. These features include: †¢ High quality premium/materials that are modern and fashionable to the customers †¢ Variety of product combinations and selections to the clients †¢ Ultramodern and safety guaranteed skin care products with immediate results Service features This is Lancome male skin care policy recommendation that emphasizing on expansion of the existing services and optimizing satisfaction of the desires of the customers. These include; †¢ Customized products pre-order so that each client attains his desirable features in a product met †¢ Help various clients in other facial lifting products and safety precautions †¢ Offer online transaction and shopping by the clients. †¢

Budget Management Analysis Essay Example for Free

Budget Management Analysis Essay Cost variance is a way of showing the financial performance of a project. It is the mathematical difference between budgeted cost of work performed, and the actual cost of work performed. Both budgeting and forecasting are financial projections. Looking at the differences between forecasting and budgeting, forecasting is broad in scope and part of strategic planning whereas a budget is more specific and detailed, with expenditure heads specifically matched to sources of income. Cost variances may be either positive or negative figures. Negative figures happen if you spend more on a project than you allowed in your budget. Positive figures result if you spend less on a project than the budget predicted. Negative cost variance figures are almost always a bad thing for a business, as companies cannot always guarantee they can come up with the funds to cover the excess cost. However, positive cost variances are not always good for a company, either. For instance, if customer service or good quality parts are sacrificed for a positive variance, a business may not sell lose clients. Cost variance figures must be examined in the context of the business to determine the true impact those numbers will have. Managers use budget management analysis as a device to make sure that all resources available are being used efficiently. The budgets are determined yearly and are based upon the previous year’s budget and variances. Benchmarking gathers information of the performances and processes from similar organizations and compares the data to help with making improvements. Cost Variance in Budget Management Various strategies are used to control budgets; managers and the chief financial officer of most healthcare organizations have the tools needed to manage the budget. By managing the budget the organization will be better prepared for the financial forecasts, which are the company’s future expenses. Some strategies and tools that will assist with managing the budget are zero based, activity based, performance based, cost variances and benchmarking. Zero based budgeting analyzes every expense within an organization and justifies the need and cost of each. Activity based costing is the gathering of the operating cost data, which is assigned to specific activities such as engineering. The performance dashboard uses the metrics of performance and analyzes the root cause of financial problems. Cost variance analysis looks at the differences of the actual cost and expected cost of an expense. Motivating the staff and informing them of the budget goals is another strategy that may be used to help the organization succeed (Nayab, 2011). Expense Results The expense reports show the difference between the budget and the actual amount spent and the result is called the variance. Variances may be within the budget which is favorable, or over the budget which is unfavorable. The variance is used to predict the budget for upcoming years, help with spending during the current year, and help with evaluating the managers and their departments. To determine the cause of variances the managers must investigate and justify to upper management why the variance occurred. There are a variety reasons for variances, which must be identified and controlled if possible. While analyzing the nursing expense results from various units for a pay period, there were some favorable and unfavorable variances. While reviewing the expense record the paid productive hour’s variance was within the budget and the paid nonproductive hour’s variance was 60 hours over the budgeted hours. The unfavorable variance of paid nonproductive hours may have occurred due to some staff being on modified duty, sick leave, meeting time, or education time, which means they are getting paid with no patient care involved. The overtime percentage of hour’s variance was 7. 5% over the budget and the registry percentage of hour’s variance was 8. 0% over the budget, both are unfavorable. The overtime may have been caused by bad time management, late arrival of the next shift, or working past shift hours due to not enough staff. The increase in the registry hours may have been due to not enough regular staff due to hiring freeze or staff being off for personal or illness reasons. The hours per patient day (HPPD) licensed productive hours was . 13 over budget, the direct product hours was within budget, and the total productive hours was within budget. The hours per patient day over budget may have been caused by the unit being over staffed or also due to the overtime and registry hours. The average daily census (ADC) per unit varied from being within budget to 7. 50 over the budget. The daily census is very unpredictable and depends on the time of year, the admissions from ER or the clinic, and transfers from other hospitals or facilities. Strategies to keep the results aligned with expectations may be done by performance budgeting, which will analyze key areas such as staffing, cost control, increased productivity, and indirect and direct patient care. The activities affected by analyzing these performance areas would be daily staffing calculations, reduced cost to the unit, working more efficiently and better time management, patient care planning, and time spent on patient charting. Offering incentives could also be a good way to involve the staff by informing them of the budget goals. Benchmarking Benchmarking helps to identify performance gaps and identify where improvement is needed. â€Å"Benchmarking is used by large health systems and smaller practices alike as a tool to identify targets and set goals enabling staff to compare the operation’s service, process, and outcomes with those already attaining †best practice† goals† (Borglum, 2008). There are many benchmarking techniques; for the purpose of this paper three will be discussed, financial, performance, and operational. Financial benchmarking is performing a financial analysis and comparing the results in an effort to assess your overall competitiveness and productivity† (Cimasi, 2006). â€Å"[Financial benchmarking is among the more effective techniques for extracting information from a health care enterprise’s historical operating performance and presenting it in a form that facilitates informed judgments that help predict the subject entity’s future operating performance and financial condition]† (Cimasi, 2006). Performance benchmarking involves comparing the performance levels of organizations for a specific process, this information can then be used for identifying opportunities for improvement and/or setting performance targets† (Business Performance Improvement Resources, 2011). â€Å"Performance levels of other organizations are normally called benchmarks and the ideal benchmark is one that originates from an organization recognized as being a leader in the related area† (Business Performance Improvement Resources, 2011). [Performance benchmarking may involve the comparison of financial measures (such as expenditure, cost of labor, cost of buildings/equipment, cost of energy, adherence to budget, cash flow, revenue collected) or non-financial measures (such as absenteeism, staff turnover, the percentage of administrative staff to front-line staff, budget processing time, complaints, environmental impact or call center performance)]† (Business Performance Improvement R esources, 2011). Operational benchmarking embraces everything from staffing and productivity to office flow and analysis of procedures performed, this technique performs a comprehensive assessment considering different aspects of operational and business performance† (iCognitive, 2011). â€Å"Consequently, this model will help companies to improve from decision-making at the strategic level to implementations at the operational level† (iCognitive, 2011). These benchmarking choices were made based on the fact that all three techniques together will focus on the organization as a whole and not just one area, and might improve budget accuracy in future forecast. Covering finances, operation, and performance will incorporate every aspect of the budgets involved in the organization and give mangers the appropriate tools needed to justify and correct variances throughout the year and future years. Conclusion Strategies to manage budgets are used to maintain the actual cost predicted for budgets and to correct variances in cost. Variances may occur at any time, may be internal or external, and in most cases are correctable once investigated by the mangers. Benchmarking is used in strategic management and compares processes and performance to help improve organizations. The use of financial ratios and benchmarking is critical to understanding an entity’s overall historical performance and to the forecasting function of valuation analysis† (Cimasi, 2006). This paper has discussed specific strategies to manage budgets within forecast, compared five to seven expense results with budget expectations, described possible reasons for variances, gave strategies to keep results aligned with expectations, recommended three benchmarking techniques, and identified what might improve budget accuracy, and justified the choices made.

Monday, October 14, 2019

Enrichment Issues in Animals: Andean Bear and Asian Elephant

Enrichment Issues in Animals: Andean Bear and Asian Elephant In this write-up the environmental enrichment issues of two species housed at the Belfast Zoological Gardens will be discussed. Environmental enrichment can be defined as the development of stimulating settings for animals within a zoo as a means for them to demonstrate species-typical behaviour such as exercising control or choice (Shepherdson, 1998). The two species in this piece being investigated are that of the Andean (spectacled) bear and the Asian elephant. Information on Environmental enrichment Environmental Enrichment has often been described as a vital role to the daily care and integration of a species. The process of enrichment techniques can divide into two broad categories; inanimate enrichment and animate enrichment. Inanimate enrichment includes subdivisions such as novel objects, exhibit design, visual, auditory and olfaction stimulation. Animate enrichment includes training, research and interactions with humans and other animals. The two broad categories of environmental enrichment are essential as a means to enhance naturalistic actions from a species kept in captivity, for example, exhibit design needs to provide varying substrates and complexities rather than just being aesthetically pleasing. Nevertheless, it has been discussed that animal captivity has a negative effect on a species independent behavioural traits (Reference) and that environmental enrichment settings do not encourage the same behaviours as those found in the wild. Zoo habitats are more static in general compared to the wild as food, shelter, safety and medical care are all provided. Most problems which occur in captivity can be caused by a lack of stimulation and even the best kept zoos can have animals who suffer with psychological discontent (Jordan, 2005). Carlstead and Shepherdson, (1994) have suggested that prolonged exposure to an environment which has low levels of stimulation can cause an animal to become aggressive, lethargic and be slower to habituate in its new surroundings. Jordan (2005) has suggested that many animals can suffer from stress in captivity which can be shown in their behavioural responses such as pacing, regurgitation, excessive grooming and rocking. These types of behaviours are repetitive patterns and are referred to as stereotypic behaviours. Scientists have suggested that these repetitive behaviours may in some cases be an animals’ way of providing novelty to an environment lacking in stimulation. Asian Elephant -798 words Belfast Zoological Gardens currently houses ‘BLAH’ Asian elephants, who have an important role in the zoos conservation projects. The Asian elephant is a species located in Southeast Asian countries such as Sir Lanka, Thailand and Vietnam (References). It is smaller than its African cousin and considered an endangered species. In the Belfast Zoological Gardens, the staff members try to ensure the Asian elephants have a stimulating environment by adding novel items such as tyres and puzzle devices into the elephant’s enclosure. By the Belfast zoo having novel objects such as the tires, it encourages the Asian elephants to demonstrate species typical behaviours as the elephants have choice and control with objects thus providing active stimulation. Additionally Belfast zoo incorporates other enrichment amenities such as having mud and rubbing posts in varying sizes. However, it has been noted that enrichment amenities should be rotated such as logs, balls and tires as a means to sustain stimulation for the elephants . Asian elephants typically spend up to 16 hours per day foraging for food in the wild, eating herbs, leaves, bark, roots, fruits and flowers (Stoinski, et al. 2000). Elephants food diets in captivity tends to offer less variety than in the wild and by a zoo adding new food elements to their diet it can be considered a method of enrichment. At Belfast Zoological Gardens, keepers place food in trees, in food containing devices and in blocks of ice as a means to add stimulation for their Asian elephants. It has been suggested that more complex enrichment methods such as the food containing devices, can involve teamwork which allows the animals to demonstrate more species-typical behaviours. Desmond and Laule (1998) and Mellen and Sevenich (1999) have noted that when animals have been given a choice of their food, they would prefer to work for it rather than be presented with it. Therefore, training enrichment provides one of the most complex learning devices for species. Additionally, Be lfast Zoo spatially provides food which can be found in irregular locations. Research has suggested that the Asian elephant strongly relies on its sense of smell in contexts such as foraging for food (Santiapillai and Read, 2010) or in social communication (Langbauer, 2000; Rasmussen Krishnamurthy, 2000; Scott Rasmussen, 2005). Rasmussen (1999) and Langbauer, (2000) noted that the Asian elephant’s long-term stability is dependent on the effectiveness of its intraspecific communicational skills within its herd. The Belfast Zoological Gardens tries to ensure the species at their zoo such as the Asian elephant are in group sizes which they would be used to in the wild as a means to facilitate species-typical behaviours and communicational vocalisation. Visually the Belfast Zoo also places animals such as zebras and giraffes next to the elephant enclosure as they are often found near each other in the wild. It has been suggested that the visual stimuli of species can increase stimulation for the Asian elephant and have a calming effect on its behaviour . The shape and the size of an animal’s enclosure are equally important for creating a stimulating environment for a species. It has been suggested that an open area should have defined spaces such as pools and rock features as a means to create a sense of the enclosure being larger and aiding in stimulation for the Asian Elephant. The Belfast Zoo also tries to encourage species typical behaviour in their Asian elephants by providing exhibit designs which would be encountered in the wild, for example having trees, slopes, water found in a shallow pool and sandy terrains. It has been noted that bathing pools are common enrichment amenities found in zoos, as they provide the elephants a low-impact exercise as well as the species finding the water enjoyable. Blah (2009) suggested that captive elephants suffer at times life threating foot problems which could be the result of spending more time on hard surfaces than the variety of choices available to them in the wild. The Belfast Zoological Gardens provides its Asian elephants many levels of enrichment, including human related contact by keepers and through medical care. It has been suggested however, that a rotational exhibit design could be used as a means to increase stimulation, such as the one found at ‘Denver Zoo which has five distinct areas. The rotational design means that the species can awaken to a new enclosure adding to environmental enrichment. Additionally, the new enclosure will have housed a different species the day before thus the overlapping scents can also provide a level of enrichment especially for the Asian elephants which rely heavily on their senses. Andean (spectacled) bear Introductory of animal habits – sex, survival instincts, housing, learning, other animal interaction, habitats – this needs to be backed up with relevant research The difference between those found out in the wild and those found in captivity Is the exhibit design complex, provides various substrates and levels Training which occurs to build trust between the animal and keeper Olfactory: a keeper can introduce natural predator or prey scents, in addition to novel smells or pheromone scents. Auditory: taped sounds or vocalizations can simulate things that an animal may hear in the wild. Food related: this is the most widely used form of enrichment. Keepers can present food in a variety of ways such as in a simple puzzle feeder, hidden throughout the enclosure, scattered about the enclosure, or buried in a substrate. To get the food, the animal must use natural foraging behaviors and/or mentally solve the puzzle. Novel objects: various items placed in an animal’s enclosure allow the animal to mimic behaviors exhibited in the wild or could challenge them. These items could include burlap bags, sheets, boomer balls, chew toys, or a hammock. Research: Participation in a research projects offers mental stimulation. (i.e., foraging skills research with giant pandas, cognitive research with orang-utans) Differences found between the environments of the two species – which one provided better species-typical enrichment Environmental Enrichment has often been described as a vital role to the daily care and integration of a species. The process of enrichment is dependent on the integration of subcategories, such as how the exhibit is designed, the auditory noises, the scents introduced, food relevance, novel objects, training and research of the animal. The subcategories of environmental enrichment are essential as a means to enhance naturalistic actions, for example, exhibit design needs to provide varying substrates and complexities found in the animal’s natural environment as a means to enhance the species-typical behaviour. Improvements which may need to occur for the animal to have a more productive lifespan Environmental Enrichment has often been described as a vital role to the daily care and integration of a species. The process of enrichment is dependent on the integration of subcategories, such as how the exhibit is designed, the auditory noises, the scents introduced, food relevance, novel objects, training and research of the animal. The subcategories of environmental enrichment are essential as a means to enhance naturalistic actions, for example, exhibit design needs to provide varying substrates and complexities found in the animal’s natural environment as a means to enhance the species-typical behaviour. Improvements which may need to occur for the animal to have a more productive lifespan Environmental Enrichment has often been described as a vital role to the daily care and integration of a species. The process of enrichment is dependent on the integration of subcategories, such as how the exhibit is designed, the auditory noises, the scents introduced, food relevance, novel objects, training and research of the animal. The subcategories of environmental enrichment are essential as a means to enhance naturalistic actions, for example, exhibit design needs to provide varying substrates and complexities found in the animal’s natural environment as a means to enhance the species-typical behaviour. provide varying substrates and complexities found in the animal’s natural environment as a means to enhance the species-typical behaviour. CONCLUSION – NOT WRITEN AS OF YET In conclusion the animals found in the Belfast zoological gardens did demonstrate some species typical behaviours due to the environmental enrichment techniques in place. Environmental Enrichment has often been described as a vital role to the daily care and integration of a species. The process of enrichment is dependent on the integration of subcategories, such as how the exhibit is designed, the auditory noises, the scents introduced, food relevance, novel objects, training and research of the animal. The subcategories of environmental enrichment are essential as a means to enhance naturalistic actions, for example, exhibit design needs to provide varying substrates and complexities found in the animal’s natural environment as a means to enhance the species-typical behaviour (Reference) operant conditioning as a means for animals to engage in. design needs to provide varying substrates and complexities found in the animal’s n atural environment as a means to enhance the species-typical behaviour. provide varying substrates and complexities found in the animal’s natural environment as a means to enhance the species-typical behaviour.

Sunday, October 13, 2019

The Sphinx of Giza Essay -- Egypt Symbol Pyramids Sphinx Essays

The Sphinx of Giza The Sphinx of Giza is a symbol that has represented the essence of Egypt for thousands of years. The body of a lion with the head of a king comes from the Egyptian culture symbolizing strength and wisdom. The sphinx is a carved out of the living rock. Egyptologists believe that the sphinx was built in 2500 BC in the fourth dynasty. From the north side the profile of the Sphinx reveals the proportion of the body to the head. It would appear as though the head is small in proportion to the body. Because of the changing desert terrain, the body of the Sphinx has been buried several times over the past several thousand years. Most recently in 1905, the sand has been cleared away to expose the magnitude and beauty of the entirety of the Sphinx.   Ã‚  Ã‚  Ã‚  Ã‚  The sphinx is carved out of a single ridge of soft limestone 240 feet long and 66 feet high. The head was sculpted from the same stone, and the forepaws were separately made from blocks of limestone. The paws themselves are 50 feet long while the entire length is 150 feet . The head is 30 feet long and 14 feet wide. Because certain layers of the stone are softer than others, there is a high degree of erosion that has claimed the original detail of the carved figure.   Ã‚  Ã‚  Ã‚  Ã‚  The face of the Great Sphinx has been thought to be pharaoh Khafre's face Fascinatingly, the features of the face of the Sphinx has a far more striking resemblance to an older brother of Khafre, the Pharaoh Djedefre . Djedefre's short lived reign occurred just prior to the reign of Khafre. Originally it is believed that the Sphinx was painted and was quite colorful. Since then, the nose and beard have been broken away from . In between the paws of the Sphinx is a stela, now called the "Dream Stela" which is a stone slab placed vertically and inscribed with a story. The 18th Dynasty story tells of the time Thutmosis IV fell asleep under the Sphinx which was covered to the neck in sand. Thutmosis had a dream that the Sphinx spoke to him and promised that if he would free the Sphinx from the sand, Thutmosis would be destined to become king of Egypt. From Ancient Egypt ,astronomy and astrology play an inextricable part. Everything seems to have something to do with the stars, or at the very least have a close relation that is. The people who made it had the most extraordinary knowledge of the stars and the behavior o... ...hat culture and how similar it was to the older structure. The Luxor hotel and the sphinx in its entrance was built to show a different culture and theme from the rest of the hotels. Another reason why the Sphinx might have been built in Las Vegas, could be because both cities are deserts and that makes it a perfect place to build the Luxor and the Sphinx.   Ã‚  Ã‚  Ã‚  Ã‚  On the whole, both monuments are very fascinating and have special characteristics. For example, the size and design of it, the body of a Lion and Face of a Pharaoh represents the strength and power of the ruler. Both of the monuments were built for different reasons but they still represent the same culture. The sphinx in Las Vegas was built for attraction and to represent the Sphinx in Giza and to signify the Egyptian culture. It was easy to compare the two because their so much a like, and at the same time have different purposes. Looking at a Sphinx at close range is an amazing experience. It is one of the most fascinating monuments you will ever look at, the size and magnificence of it will take your breath away. So, Whenever you get the chance to see such an amazing monument do not forget to take lots of pictures.

Friday, October 11, 2019

Greek Architecture Essay -- essays research papers fc

Greek Architecture: History and Mechanics   Ã‚  Ã‚  Ã‚  Ã‚  Throughout history, there have been several significant architectural movements. The last, and perhaps most enduring movement is that of Classic Greece. Although for centuries, the architecture of ancient Greece has been admired, mimicked, and replicated, its beginnings are somewhat surprising to one unfamiliar with the history of the region. It is important to understand the history and mechanics of Classic Greek architecture in order to fully appreciate its form, function, and beauty. â€Å"Ancient Greek architects strove for the precision and excellence of workmanship that are the hallmarks of Greek art in general. The formulas they invented as early as the sixth century B.C. have influenced the architecture of the past two millennia† (metmuseum.org).   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"The first inhabitants of the Greek peninsula, who are believed to be Neolithic, built very primitive and basic structures. The houses were mainly built with a circular, oval, apsidal, or rectangular shape†¦ They used mud bricks and stones in the mud with reeds or brush to help build the house. Most of the houses had one room, there were very rarely two† (thinkquest.org). These simple homes are the primary foundation for the Grecian style of architecture. Though Neolithic in nature, the first Architects laid the basic foundations for all architecture to follow in Greece and the rest of the world. The shapes of these early homes carry through all the way from the Ionic to the Corinthian order.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"The next group of settlers were the Minoan architects. Their towns were mostly residential with little or no temples and public places. Unlike earlier people, their houses were private and had many rooms†¦to separate rooms, they would use only pillars† (thinkquest.org). These new people introduced several different aspects to the foundation of Grecian architecture, namely, the openness of the houses and rooms. It is this culture, which is mostly accredited with introducing the mechanics of the ancient Grecian forms of architecture. â€Å"The first advanced culture in Greece, and indeed in all of Europe, was created by a people referred to today as the Minoans. Their civilization flourished from about 2200 to 1450 B.C. on Crete, the large island located about one hundred miles southeast of the Gree... ...on. It is important to understand the history and mechanics of Greek architecture in order to fully appreciate it. The ancient Greeks were very well known for their beautiful temples. They were able to devise several different ways to create beautiful buildings and implement those designs. The ancient Greeks set the architectural foundations for the rest of the world with their three orders. The three styles, or orders, are the Doric, Ionic, and Corinthian. The three distinctive styles are referred to as orders because they display proportionate, ordered, and coordinated parts. The Doric, Ionic, and Corinthian orders serve a functional purpose, as well as lend so much beauty to structures. â€Å"All the world’s culture culminated in Greece, and Greece in Athens, all Athens in its Acropolis, all the Acropolis in the Parthenon† (Nardo, 61). Works Cited â€Å"Architecture in Ancient Greece.† Ancient Greece. 11 October 2004. . Greek Architecture. 11 October 2004. . Metropolitan Museum of Art. â€Å"Architecture in Ancient Greece.† 12 October 2004. . Nardo, Don. Ancient Greece. California: Lucent Books, 1994. Time Life Books, eds. Greece: Temples, Tombs, & Treasures. Virginia: Time Life, 1994.

Entrepreneurship

History of entrepreneurship[edit] Etymology and historical usage[edit] First used in 1723, today the term entrepreneur implies qualities of leadership, initiative and innovation in manufacturing, delivery, and/or services. Economist Robert Reich has called team-building, leadership and management ability essential qualities for the entrepreneur. [5] The successful companies of the future, he has said, will be those that offer a new model for working relationships based on collaboration and mutual value. 6] The entrepreneur is a factor n microeconomics, and the study of entrepreneurship reaches back to the work in the late 17th and early 18th centuries of Richard Cantillon and Adam Smith, which was foundational to classical economics. In the 20th century, entrepreneurship was studied by Joseph Schumpeter in the 1930s and other Austrian economists such as Carl Menger, Ludwig von Mises and Friedrich von Hayek.The term â€Å"entrepreneurship† was coined around the 1920s, while the loan from French of the word entrepreneur itself dates to the 1850s. It became something of a buzzword eginning about 2010, in the context of disputes which have erupted surrounding the wake of the Great Recession. [clarification needed] What is an entrepreneur[edit] Entrepreneur (i/pntraprSn3r/), is a loanword from French. It is defined as an individual who organizes or operates a business or businesses.Credit for coining the term entrepreneur generally goes to the French economist Jean-Baptiste Say, but in fact the Irish-French economist Richard Cantillon defined it first[7] in his Essai sur la Nature du Commerce en G ©n ©ral, or Essay on the Nature of Trade in General, a ook William Stanley Jevons considered the â€Å"cradle of political economy†[8] Say and Cantillon used the term differently, however.Cantillon biographer Anthony Breer notes that Cantillon saw the entrepreneur as a risk-taker while Say considered the entrepreneur a â€Å"planner†. [9] Cantillon defined the term as a person who pays a certain price for a product and resells it at an uncertain price: â€Å"making decisions about obtaining and using the resources while consequently admitting the risk of enterprise. † The word first appeared in the French dictionary entitled â€Å"Dictionnaire Universel de Commerce† compiled by Jacques des Bruslons and published in 1723.