Case study write-up Essay Example | Topics and Well Written Essays - 500 words

Case study write-up - Essay Example The Envirofit team thought the venture was simple and hoped it will help to reduce the pollution in the motorcycle engines. Social and environmental challenges can be tackled through development of technology such as the one developed y the team of the engineering students. The snowmobile technology that was developed for the Yellowstone National Park was aimed to avoid noise and pollution in the park. They used the technology to to fit onto existing machines and placed initially on the emissions event in the clean Snowmobile challenge that reduced hydrocarbons and carbon monoxide emissions by over 99%. Since this was successful, it was subsequently applied in motorcycles. The inventory of the Envirofit was instrumental in ensuring an environmental safe and friendly vehicle. Modification of existing technology is instrumental in promoting and bettering the existing technology. For instance, the snowmobile was to be abandoned from the national park. However, the modification by the team made it relevant for the snowmobile to be used in the park as well as motorcycles as well as other vehicles. While working in the project, the team was engaging with each other as well as other relevant interested people as the NGO and the community. This helped in forming relationships as well as fostering teamwork among the team. Working in a project as big as the Envirofit is challenging and requires perseverance and a lot of patience. The project is time consuming and requires dedication as well as commitment for it to be accomplished successfully. This instils discipline in the participants in the project who get to learn on how meet deadlines and deliver satisfactory results. As the team in Envirofit observed it is beneficial to get local partners to participate in an environment. This would give businesses the concept of credibility; it would make the business more effective and efficient. The real

The Music Industry and Teen Violence :: Music Media Youth Violence

The Music Industry and Teen Violence Should we blame the industry or shouldn’t we? This compare and contrast essay, the two sides of these two article is that one states the music industry is at fault for the way today’s teens are acting written by a writer from the Arizona Daily Star, by the name of Jim Patten and the other article states that the music industry isn’t at fault for the way today’s youth is acting and this article was written by a 17yr. old student named Daniel Marcha. Both of these articles have a good argument, Patten’s is good because he’s a pro at getting his point across in his writing, plus his support is also good, he’s not just saying that the media is at fault completely but that they should take some blame for what is going on in society with our teens. The Marcha argument is coming straight from the mind of a teenager which is letting us know how some teens are thinking about the subject of society putting blame on what they watch and listen t o for their actions. Daniel Marcha, â€Å"Teens enjoy these media offerings because they provide an outlet to relieve stress that occurs during daily life.† He’s saying that instead of us taking the media, as an example of we (teens) should act we are using the media, as way for us to get escape our aggression. So teenagers in today’s society are taking in the bad media and putting it to good use. Is it right for the government to look at the actions of some kids who decided to shoot up their school or a kid kills himself while listening to his favorite song and say that the music and tv we watch needs to be censored? No we all are responsible for our own actions. Now on the other hand we have Jim Patten a man in the media is saying that the media isn’t completely at fault but that it should take some responsibility for the actions of teens. Patten fires saying that there is too much violence being put out on the media and that isn’t necessarily making our teens act the way they do but it is affecting them. All Patten is saying is that we should really clean it up and accept some of the responsibility.

Barney and Sustained Competitive Advantage.

When we left off in the last seminar, we were just starting to talk about firm specific advantages. According to Barney and his article Firm Resources and Sustained Competitive Advantage, a few things are needed to gain a firm specific advantage. But also, he argues that a firm can gain a Sustained Competitive Advantage. SLIDE According to Barney, a firm has a sustained competitive advantage when it is implementing a value creating strategy not simultaneously being implemented by any current or potential competitors AND when these other firms are unable to dublicate the benefits of this strategy.But what does a company need to gain such an advantage? First of all, it needs certain resources, which can include assets, capabilities, products, information, knowledge etc. SLIDE But these resources must have four attributes: 1. they must be valuable in the sense that they exploit opportunities or neutralize threats in a firm’s environment. This goes without saying. 2. They must be rare among a firm’s current and potential competition. This simply means that this resource or strategy cannot be implemented by other firms at the same time. They must be imperfectly imitable (hard to copy for other firms) and 4. There cannot be strategically equivalent substitutes for this resource that are valuable, but neither rare or imperfectly imitable. Can anyone think of a specific firm, or a type of business or industry, which has a clear example of sustained competitive advantage? Short discussion. SLIDE We thought about what kind of a firm could gain a sustained competitive advantage, and came to the conclusion that certain pharmaceutical companies are able to gain perfect sustained competitive advantage.To explain why, we need to have a look at the pharmaceutical market. To make things a bit simple, we can divide the industry into two different categories: Companies which develop new kinds of medicine, and others which copy the original medicine, and produce what is called generic drugs. Some companies actully do both. SLIDE Companies which develop new medicine spend huge amount of money on research and development when making a new drug. They get the best scientists from all over the world, gather huge amounts of medical information, test the drugs etc.They also need to prove the safety of a new drug, and demonstrate it’s effect, in special clinical trials. And of course, they need to market the new drug. This process can cost huge amounts of money. Lets say a company spends millions of dollars and ten years on developing a new drug that cures all kinds of cancer. It would be rather disappointing for that company if generic drug companies were able to copy the drug the moment it hits the market, only spending money on manufacturing the drug, but not on development and testing.The maker of the original drug would probably soon run out of business. SLIDE So, to protect the original drug, the company can get a patent for the new drug. For how long is different between countries, but for example in the US, patents give 20 years of protection. But for as long as a drug patent lasts, the firm enjoys a period of market exclusivity, or monopoly if you like. Under those circumstances, the company is able to set the price of the drug at a level which maximizes profitability. The profit can greatly exceed development and production costs of the drug.Often, when the patent runs out and many other companies start making generic drugs, the prices fall dramatically and real competition starts. But to sum things upp, new developed medicine can fit Barney’s theory: They can be valuable, rare and not only hard to copy, but simply impossible. SLIDE The point is – if a firm can develop a new important type of medicine, and get a patent so it wont be copied, it has a perfect sustained competitive advantage while the patent is still valid, and therefore, fits well into Barney’s theory.

The Problem With The Education System - 960 Words

Learn means â€Å"to gain knowledge or skill (of something) by study, experience, or teaching.† Throughout their years of school, understudies feel they have ingested a lot of data. But when asked to examine what they learned, they are unable to. Sometimes they recite something like, â€Å"In Fourteen Hundred Ninety-Two, Columbus sailed the ocean blue.† The students are not given an explanation of what that means. Paulo Friere believes that the problem with the education system is that teachers merely tell students to memorize the material, and all the students do is spit the information right back out. They don’t understand why it’s important, so they aren’t gaining any true knowledge. While I will agree Friere’s â€Å"banking system† does exist, an analysis of my own experiences demonstrates the system isn’t broken like he claims because most teachers want their students to be successful throughout life, not just in the classr oom. Many people believe that the current education system needs to be abolished and completely redone. Paulo Friere is no different from this thought. In his article, â€Å"The Banking System of Education,† Friere argues that â€Å"the students are the depositories and the teacher is the depositor† (Friere). In other words, the teacher is simply â€Å"depositing† information into the students who will later â€Å"withdraw† it back out with no context of why it matters. Under the current education system, students aren’t actually learning anything. They are simply being told toShow MoreRelatedThe Problems Within The Education System989 Words   |  4 Pagesand the presence it has in education is detrimental to minorities during vital stages in their life. Not only does this lack of education affect obvious things such as a person s future career, but it also affects their psychology and causes them to be more likely to make poor decisions during their life. 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