Tuesday, February 18, 2020

You can make a topic Essay Example | Topics and Well Written Essays - 500 words - 2

You can make a topic - Essay Example The need to maximize profit through specialization thus boosting country’s economy is the main cause of monoculture in many countries. It is evident that modernized agriculture has brought immense negative contributions in the ecological system and further extended the influence on peoples’ lives, culture, political and social status. Use of fertilizers and pesticides which is contributed by monoculture has greatly depleted and polluted soil, water and every other useful resource used in farming thus causing serious consequences on the environment. Modification of herbicides and crop engineering has not however brought the expected change it was intended to in some herbicides and even in increasing the yield of some crops but instead brought serious harm to the environment. It is obvious that mechanized farming is not beneficial since it does more harm than good but efforts to indulge in agro ecology are also greatly suppressed in many ways including the government. The need to make money and the intensive advertisements by huge agrochemical corporations is really hindering farmers from adopting the best style of farming that is environmental friendly. Farming can be done in a way that animals and crops grown mutually benefit each other without inclusion of chemicals and fertilizers which are harmful to the environment such as planting cover crops, crop rotation and use of farm yard manure. The size of land does also not support crop rotation and generally the whole issue of agro ecology. I strongly concur with the author of this article that capital-technology intensive agricultural practices such as use of fertilizers, pesticides and insecticides which has contributed to monoculture has posed danger in our ecosystem. I strongly support agro ecology since it is the only way environmental degradation can be minimized and our

Tuesday, February 4, 2020

Entrepreneural process paper Essay Example | Topics and Well Written Essays - 1250 words

Entrepreneural process paper - Essay Example This therefore implies that every stage in the entrepreneur process is important for any business to succeed and entrepreneurs should have an understanding of the process before venturing in any business. Some stages in the process do appear to be more important than the other stages. The truth is that each phase is as important as other phases and that each phase must be completed in a systematic manner in order for the business venture to be a success. The first phase for implementation is identifying and evaluating a business opportunity. Secondly, the entrepreneur should develop a business plan then access the available resources to start the business and lastly manage the newly established business (Henry & De, 2011). Each of the phases is analyzed below in order of their importance. Identifying and evaluating a business opportunity The phase is also referred to as the business innovation model. This stage is viewed as the most important as no business venture can start without an idea. Identifying a opportunity is not that easy since an individual must analyze carefully identify an existing gap in the market (Baron & Shane, 2008). At this stage, you identify a need that exists and formulate a model on how best you can satisfy the need. Entrepreneurs should answer questions on the existing market by conducting a market research. You should analyze the audience that is likely to purchase the product. Thereafter, you should carefully screen the audience’s feedback on acceptance or rejection of the new product. In case an entrepreneur wishes to introduce an existing product, he or she should analyze the existing competition and the market penetration strategies may be adopted. Additionally, at the identification stage, one should determine he or she would need patent rights to protect his or her innovation (Baron & Shane, 2008). Completion of the identification of a business opportunity paves way for evaluation of the opportunity. This is the most impo rtant element in the whole entrepreneur process as it will enable the entrepreneur decide on whether to venture into the new business or abandon it. It enables him or her to compare the projected returns and the required resources for the investment (Kuratko, 2009). The evaluation process accesses the duration of the opportunity, its perceived and real value, the returns and risks associated, whether the venture fits the goals and skills of the entrepreneur as well as its uniqueness in creating a competitive advantage in the competitive environment. The estimated market size and the duration in which the opportunity may exist provide the basis of accessing the rewards and risks. The risk reflects the capital employed, the market, technology and the competition involved. The capital required is often used as the basis for evaluating the returns and risks (Fayolle, 2007). A viable business opportunity should promise high returns than the amount of money invested and should have low ri sks. Additionally, it should be able to make higher returns in a short of time after establishment. The goals and personal skills of an entrepreneur should fit the opportunity. It is important that the entrepreneur dedicate his or her time and effort for the business to be a success. Although most people start a business and hope that the