Business Models and Technological Innovation Management

The business model helps the company to satisfy the needs and look after the problems of the customer with respect to the product of the company. It helps the company to gain value in the market. The performance, design, price etc. are few of the characteristics that the company needs to keep in mind before launching the product in the market. The model helps to segment the market according to the customers that the company targets with the help of different channels to make the product available in the market. The cost of the product helps the company to build a relationship with the consumers that help the brand to gain access in the market (Baden-Fuller & Haefliger, 2013). The final building block illustrates the cost of delivering the value proposition that includes the resources required as well as major activities involved. The critical components of business model have been validated. On the other hand, the purpose of partnership is to make sure that the commodities offer the appeal to the target market. Certain business models necessitate the involvement of several stakeholders in order to make sense. In today’s lecture, the process that deals with the clarification involves the major assumption that underpin business model. It is required to check every response in the building model canvas against several criteria that involves the fact that how an individual knows what he has written in each building block is correct. For example, the business model of Ryanair involves high volume passenger as compared to the business model of South American market (DaSilva & Trkman, 2014). Baden-Fuller, C., & Haefliger, S. (2013). Business models and technological innovation.  Long range planning,  46(6), 419-426. DaSilva, C. M., & Trkman, P. (2014). Business model: What it is and what it is not.  Long range planning,  47(6), 379-389. Looking for an answer 'who will do my essay for cheap',

The History and Practices of Voodoo Essay Example | Topics and Well Written Essays - 2500 words

The History and Practices of Voodoo - Essay Example In the documentary, Witchcraft & Magic, Patrick Macnee suggests that â€Å"voodoo is generally perceived as tribal black magic practiced in primitive cultures.† Ross Heaven, the first white priest of Vodou in Europe, explains that â€Å"Vodou is a spiritual tradition of Africa and Haiti† (Heaven 7). Brandi Kelley, the Director of the Voodoo Museum in New Orleans, states that â€Å"voodoo is a compromise between African voudon and Catholicism† (Macnee). While all of these statements are applicable, the history of voodoo and its evolution is somewhat nebulous. In the book for middle school students, The Real Monsters, Sudipta Bardhan-Quallen discusses perception and reality, â€Å"sometimes movies and books portray voodoo as a dark and evil religion that is dominated by black magic and pin-struck voodoo dolls. In reality, these things are not a part of traditional voodoo practices† (45). Bardhan-Quallen relates the observations of photographer Lynne Warberg, who has documented Haitian voodoo for years. â€Å"Participation in voodoo ritual reaffirms one’s relationships with ancestors, personal history, community relationships—and the cosmos. Voodoo is a way of life† (qtd. in Bardhan-Quallen, and Cochran 45). Slavery played a defining role in the history of voodoo. ... Linking their deities [†¦] to Catholic saints, slaves could pretend to pray to St. Barbara, for example, while really delivering their wishes to the vo-du thunder god, Songo† (Davis 8) Open to suggestion and seeking answers within the social constructs that confined them, slaves developed a new religion in which â€Å"transplanted voudon borrowed freely from native Indian cultures, European witchcraft, and other non-voudon African slave religions, for example the Kongo-based palo mayombe. And it co-opted precisely as much Catholicism as locally necessary to prevent the African content from being crushed by the Europeans† (Davis 8). In the words of Rod Davis, a reporter who researched and studied Voodoo for his book, American Voudou: Journey into a Hidden World, â€Å"Voudou took as many guises as necessary to survive, [†¦] hoodoo, root medicine, spiritual healing, ju-ju, black magic, and dozens of other euphemisms and forms† (75). Davis states that †Å"in different areas, voudou has different rituals and doctrines† (9). One can deduce that differing circumstances in each location, as well as other religions and cultures in the region, influenced the evolution of the religion. According to Davis, â€Å"in Haiti, the religion metamorphosed into vodun or vaudoux; in Cuba, Santeria; in Brazil, candomble; in Trinidad, Shango Baptist; in Mexico, curanderismo; in Jamaica, obeah. In the American South, it became voodoo and, in the most extreme caricature, hoodoo, the petty hexing (pins in dolls, love potions, etc.) which most people, black and white, confuse with the real thing† (Davis 9). In discussing people’s attitudes toward voodoo in early

Doing Business in China Essay Example | Topics and Well Written Essays - 1500 words

Doing Business in China - Essay Example It is a challenge that every businessman should take if they want to succeed. This paper provides information on how to do business in China. Relying on current literature for ideas and examples, it gives recommendations on how to deal with the Chinese and establish business in China. According to Hamilton and Jhang (2012; p.4), â€Å"China is one of the most dynamic markets in the world in which change is the only constant.† By saying this, Hamilton and Jhan point out two things about China. The first one is dynamism, and the second is change. These two things suggest the main challenge in doing business in China. Dynamism is evident in the country’s culture, political makeup and religious beliefs while change is constant and rapid in its economy. Therefore, knowing aspects of dynamism and change will give businessmen an edge in their Chinese ventures. Culture Dynamism can be found in every aspect of the culture. Importantly, every foreign capitalist should be aware of the Chinese culture in order to act according to it. Otherwise one will lose all the chance to even start business in China. Culture is a very important aspect in doing business. There are practices that should be observed and non-observance would mean ignorance and lead to failure. The most important value that the Chinese has when doing business is guanxi. This term means goodwill. ... West (2007) claims that in doing business with the Chinese, especially with the northerners, one must exercise, â€Å"eat first, talk later.† This is the same throughout China but the southerners have become more Westernized in doing business, especially Shanghai people. Nevertheless, the culture of guanxi is respected throughout the Mainland. Establishing guanxi is like developing brotherhood in the West. Along with it is showing genuine sincerity with Chinese partners. According to Hamilton and Jhang (2012), genuine sincerity goes a long way in China but not all businessmen realize its importance. Non-Chinese people think of Chinese as corrupt, possibly because of the practice of guanxi but they should understand that guanxi is not similar to bribery. Many Chinese do not accept bribes for jobs they ought to do. For instance, one taxpayer gave a significant amount of money to a banker in gratitude for the fast transactions they had with the bank. When the banker saw it, he di d not feel the need for the gift and credited the amount to the company’s account. This act illustrates that bribery is not the way to do business in China. Similarly, foreign visitors are not obliged to give tips to the Chinese. Tips in hotels and restaurants are welcome but they are not expected. The Chinese people appreciate tips even in small amounts but they will do their job even without tips. Greeting them, exchanging stories and smiles are more valued, as it goes with business. One thing that is valued much in China is presence. According to Hamilton and Jhang (2012), visiting often will create goodwill among the Chinese. They cite that Hank Paulson, former CEO of Goldman Sachs, spent 70 visits in China, thus making him well-regarded in the country. Another man named Jim Rogers, an