MICA Case Study: Malincho 1. Timmons Model of Entrepreneurial Process The Timmons model was developed by Jeffery Timmons to help entrepreneurs improve their odds of success. The model centres on that the entrepreneurship is opportunity driven. According to this model, first of all, it is the entrepreneur, who is the driving factor in launching a new company. Within the three components, the process starts with a market opportunity, where the size and type of opportunity will define the team and resources. [pic] a. The Entrepreneur: Kalin Pentchev Kalin Pentchev is - Creative: Online sales for his products in 2001 when internet shopping was relatively uncommon - Dedicated: Single-mindedly manages the business on his own - …show more content…
• Connect 4 recommend Kalin to target all potential investors utilizing his entire network of contacts with his business plan. We anticipate the investor list would include the following: • Russian warehouse owner – Trust: because Kalin has developed a relationship with the warehouse owner where he has the keys to the factory now and is also selling his products over the online shop • Bulgarian winery – given Kalin past dealing with him and his interest Kalin should also see him as a potential investor. He has the capacity with 16 businesses as well as experience and not to forget that he was the one who introduced him to this business. • Aunt in Bulgaria – she is the only member of the family who has in the past helped him when it was most needed and she can also be a good help to manage the affairs in Bulgaria with his business. • Other potential investors – owner of the Greek restaurant, where he was working part time after his graduation; French Lady; existing customer base. 3. Investor Concerns - How Kalin will manage given his time? Connect 4 have concerns that Kalin is working every awake hour therefore may lose vision and direction of Malincho’s. If the business continues to grow, Malincho shall be in greater difficulty. - Cash flow concerns? Connect 4 are extremely
b. What medium would you use to reach each of these parties and what would your relative resource allocation be to each?
As Privy Council held in the case of "Wagon Mound (No 1)" that a party can only be held liable for damage that was reasonably foreseeable, the defendant should not be responsible for losses that are ‘too remote’ from the breach. It is obviously that the university could foresee that Brad have to quit his job to finish the degree and also need to pay for the fees.
4- The committee and Ms Beckel decided to include a religious studies curriculum in the program. The principal approved of it. However, Ms Wright one of the community members did not. She threatened to show up at the committee meeting with the media. On the day of the meeting, Ms Wright showed up with a placard protesting the use of the bible in public schools.
Sparkle Company is a Nigerian diamond mining company. Sparkle is a joint venture, 50 percent owned by Shine and 50 percent owned by Brighten. Both Shine and Brighten are U.S.-based companies with their functional currency being the American dollar. Sparkle Companies functional currency is that of Nigeria, being the Naira. During 2009, Sparkle had several transactions with its joint venture owners and outside parties. The details of Sparkle’s transactions are three loans, three expenditures, and one revenue stream. The loans the company took out were $1 million from Brighten, $1 million from Shine, and 300 million Naira from a local Nigerian bank. The expenditures
Question #1: How would Sheryl Sandberg’s leadership style be described based on the four behavioral leadership styles?
ASC 320-10-35-33F: “Changes in the quality of the credit enhancement should be considered when estimating whether a credit loss exists and the period over which the debt security is expected to recover.”
This case is talking about an executive retreat. It was introduced by John Matthews who was a executive had been selected to attend the two-and-a-half-week retreat. The retreat was more like a competition about academic and athletic. The team members should not only get know each other and cooperate with teammates but also need to compete with others. The whole participants were broken into five groups and their aim was to win the competition. There are several sessions about academic and athletic that the participants should complete. After the introduction part the case showed the experience of John. Before the group meeting John was wondering and worried about this retreat. When he was taking the first group meeting, he tried to learn
The court deciphering between criminal negligence and recklessness. Criminal negligence being a person failing to perceive a substantial and unjustifiable risk that the result will occur or that the circumstance exists. The risk must be of such nature and degree that the failure to perceive it constitutes a gross deviation from the standard of care that a reasonable person would observe in the situation.
IgG – funtions in neutralizing, opsonation, compliment activation, antibody dependent cell-mediated cytocity, neonatal immunity, and feedback inhibition of B-cells and found in the blood.
On a snowy January evening, the Midwestern Medical Group (MMG) management team held a retirement party for Judith Olsen, MMG president. During the evening, Olsen reflected back on the years she had worked for MMG with mixed feelings about her experience. Over the course of their eight-year integration
Shakespeare Inc., a private publishing company issued its F/S on March 20, 2012. There were several accruals and events that the management of Shakespeare is considering to determine if they should be recognized or disclosed in Dec 31, 2011 F/S. In my opinion, the important things to focus on subsequent events are the period they effect and if their influence is material or not, so that in conclusion, the F/S are fairly presented.
One of the most speculative experiences of conquest and dictatorship in the history of Latin America has been the socialist and dictatorial regimes in Chile. Chile has gone through multiple times of dictatorship, lead by the military, and also had lapses of a socialist government. The film “Machuca” by Andres Wood provided an insight of the series of social events in Chile in 1973, ranging from inter personal experiences to political issues and the Chilean nation. “Two dictators, Salvador Allende and Augusto Pinochet, both brought tremendous suffering upon the Chilean people -- one through his socialist policies and nationalization of
Suppose you are the network manager for Central University, a medium-size university with 13,000 students. The university has 10 separate colleges (e.g., business, arts, journalism), 3 of which are relatively large (300 faculty and staff members, 2,000 students, and 3 buildings) and 7 of which are relatively small (200 faculty and staff, 1,000 students, and 1 building). In addition, there are another 2,000 staff members who work in various administration departments (e.g., library, maintenance, and finance) spread over another 10 buildings. There are 4 residence halls that house a total of 2,000 students. Suppose the university has the 128.100.xxx.xxx address
Next, Groupe Ariel needs to understand if, why, and how the NPVs in the two sets of calculations differ.
In reaching a decision on whether or not to purchase and retrofit the new site(s), Maass and