Thursday, September 26, 2019
Pharmacokinetic and pharmacodynamic Assignment Example | Topics and Well Written Essays - 750 words
Pharmacokinetic and pharmacodynamic - Assignment Example According to Birkett (2005), response parameters measures in an organism involve aspects like blood pressure, concentration of hormones produced by the drug or severity of side effects. The first point when the curve diverts from the zero scale represents the threshold drug dosage. At this concentration, the drug starts exhibiting desired response from the organism. As concentration increases, the graph gets steeper. This means the levels of response increases together with severity of a drugââ¬â¢s side effects. At extremely high dosage, the curve grows almost flat again meaning adverse biological response and even fatality. Technically, drug response time may delay, causing a wrong response to be measured and plotted in a exposure-response graph. Delay in response is caused by the effect of drug distribution and re-distribution around the body system. When data from such unconventional measurements are plotted, they give either clockwise or anticlockwise hysteresis loops. In pharmacokinetics, hysteresis loops signifies presence of delayed response with changing drug concentration. At times, the hysteresis loop can assume a clockwise direction. An anticlockwise hysteresis loop usually results from the differing responses associated with distribution and re-distribution of the drugââ¬â¢s active components to site of action. On the contrary, a clockwise hysteresis loop occurs when there is rapid tolerance whereby after the first administration, tolerance develops which makes similar drug concentrations to cause different responses. After tolerance is developed, a succeeding dosage of similar concentration causes a greater effect than the first level of concentration. As acknowledged earlier, hysteresis in food or drug compounds results from differing responses associated with similar level of substance concentration. Hysteresis occurs when there is either tolerance of the substance or as an effect of substance distribution properties. Numerous
Wednesday, September 25, 2019
Mango Medley Essay Example | Topics and Well Written Essays - 1250 words
Mango Medley - Essay Example The secret to keeping your customers satisfied is through quality service and product delivery. David. H. Maister, in his book ââ¬Å"The psychology of waiting linesâ⬠, argues that satisfaction can assessed through a simple equation (S=P-E, where S-satisfaction, P-perception, and E-expectation). It can, therefore, be that a satisfied customer is a loyal customer. When customers enter a restaurant expecting a certain level of service and perceives the service reviewed to be higher, then they are satisfied customers. The management of any restaurant should, therefore, aim at improving the perceived quality of service as it would have the largest payback (Maister, 1984). Unexplained waits always tend to seem long and boring than explained ones. A reason should, therefore, be given to explain why a given service has been delayed. Customers are also concerned about the environment in which they are seated while waiting. Some customers may not like to wait in very crowded places as it may interfere with their personal conversations. It is important to keep the customers comfortable during their wait. Customer equity is also something that the management should put into consideration. It involves valuing the customer not only in terms of current profitability, but also with respect to the net discounted contribution stream the firm will realize from the customer over time. More emphasis should be put on not only on getting customers to buy their products but maintaining them for long (Zeithaml, Lemon, & Rust, 2001). Mango Medley restaurant has got only two workers. One is in charge of the kitchen and the other taking of orders, serving the customers and clearing of the bills. This divided attention makes service delivery slow especially during weekends and holidays when the restaurant is open for longer and receives more customers. Most
Tuesday, September 24, 2019
Accounting Law Assignment Example | Topics and Well Written Essays - 2000 words
Accounting Law - Assignment Example The Superannuation Industry (Supervision) Regulations 1994 ââ¬â Schedule 1 provides for the conditions of release of the superannuation funds under Part I, sections 101 to 114 thereof, namely: retirement; death; terminal medical condition; permanent incapacity; former temporary resident under certain conditions; payment to the Commissioner of Taxation under the Superannuation (Unclaimed Money and Lost Members) Act 1999; termination of employment on or after July 1, 1997 where the memberââ¬â¢s fund does not amount to more than $200; severe financial hardship; attainment of age 65; compassionate grounds; termination of employment with an employer who contributed to the funds for the member; temporary incapacity; attainment of preservation age; a found lost member with fund balance amounting to less than $200; certain conditions under the Income Tax Assessment Act 1997; under s 292-B of the Income Tax (Transitional Provisions) Act 1997, and; so provided as release conditions unde r à §62(1) (b) (v) of the 1994 Act. In the problem at hand, Jonathanââ¬â¢s primary condition for release of his superannuation fund balance is retirement, which is further defined as a state when the person under gainful employment of another is set to terminate that employment and will never again seek employment either on a full or part time basis. 1 In addition, that employee contemplating retirement must have reached the age of 60 or if below 60, must have reached his or her preservation age, according to s. 7 of the same Act. The problem does not state, however, if Jonathan has reached his preservation age, a condition assumed if a person is born under the following dates: before 1 July 1960 to 30 June 1961, if 55 years of age; between 1 July 1960 to 30 June 1961, if 56 years of age; between 1 July 1960 to 30 June 1962, if 57 years of age; between 1 July 1962 to 30 June 1963, if 58 years of age; between 1 July 1963 to 30 June 1964, if 59 years of age, or; after 30 June 1964 , if 60 years of age.2 Fig. 1 Superannuation Interest Tax3 Thus, for Jonathan to be able to able to access his superannuation fund balance, he must have been born between 1 July 1960 to 30 June 1962, since he is now 57 years of age, otherwise he will not be able to access the same on the ground of retirement. Assuming he was born between that period, Jonathan can lawfully access his fund and the tax due on the benefit from the superannuation fund depends on the following factors: age; whether as lump sum or income stream, and; the taxed or untaxed elements present in the fund.4 Figure 1 above illustrates how taxes of superannuation benefits are determined. A superannuation benefit, according to the diagram, may have components, which according to s. 307.120 of the Income Tax Assessment Act 1997 (ITAA 97 hereafter), may be a taxable or tax-free component. Superannuation income streams paid on or after 1 July 2007 have tax free components that are usually the ââ¬Å"crystallised segme nt and the contributionsâ⬠while the taxable component is the amount of the income stream benefit minus its tax free component. A superannuation income stream as a ââ¬Å"regular series of payments: made directly from accumulated superannuation contributions or purchased with a lump sumâ⬠(Guide to Social Security Law 2011) while the ITAA Regulations define it as: ââ¬Å"an annuity for the purposes of the SIS Act in accordance with the subregulation 1.05 (1) of the SIS Regulations; or a pension for the purposes of the SIS Act in accordance with subregulation 1.06 (1) of the SIS Regulations; or a pension for the purposes of the RSA Act in accordance with regulation 1.07 of the RSA Regulations.â⬠In addition, it is also ââ¬Å"an annuity or pension within the meaning of the SIS Act; and commenced after 1 September
Monday, September 23, 2019
Healcare policy Assignment Example | Topics and Well Written Essays - 250 words
Healcare policy - Assignment Example However, this law has been applauded for reducing cost of healthcare as it is anticipated by research conducted by different scientists (Hertel, 2011). The implementation of the law will be affect the access to healthcare in the US since it will make healthcare accessible to many people who had no access before due to cost. However, the law will lead to detriment to quality of healthcare offered to Americans since little resources will cater for a huge number of patients (Hertel, 2011). The increased number of patients seeking healthcare will lead to increased numbers of healthcare practitioners compromising nursing standards. This will create a problem for oversight bodies in maintaining quality healthcare practices (Gray, 2011). Every American has a right to access quality healthcare and this law gives an opportunity to all Americans to access quality healthcare. In my own opinion, I think there should be a law that looks into the welfare of mental patients and a law should be created to provide mandatory healthcare to these patients. A policy should be implemented to create nursing standards and practices that cater for mental p atients under a universal healthcare
Sunday, September 22, 2019
North Korean Authoritative Government Essay Example for Free
North Korean Authoritative Government Essay In this paper, I will attempt to explain why authoritarianism regimes such as the one in North Korea, still continues to govern even though the government is one of the more corrupted types of government still in existence today. The word authoritarianism is defined as, ââ¬Å"a form of government in which the ruler is an absolute dictator (not restricted by a constitution or laws or opposition etc. )â⬠(Word Net) There are currently many countries in our world that are not democratic societies. There are authoritarian regimes that still exist today. Probably one of the more well known authoritarian regimes is the government in North Korea. North Korea gained its independence from Japan in the year 1945. Kim Jong Il is currently the leader of North Korea. The mismanagement of economics through the 1990ââ¬â¢s has made North Korea rely heavily on international aid to feed its population. North Korea has expanded their resources to help develop a military of about one million soldiers. Central Intelligence Agency) ââ¬Å"North Koreaââ¬â¢s long-range missile development, as well as its nuclear, chemical, and biological weapons programs and massive conventional armed forces, are of major concern to the international community. â⬠(Central Intelligence Agency) The government in North Korea is a big part to blame for the economic struggles. In President Bushââ¬â¢s first State of the Union Speech he declared North Korea as part of the ââ¬Å"Axis of Evil. â⬠President Bush also went on to say his goal was, ââ¬Å"to prevent regimes that sponsor terror from threatening America or our friends with weapons of mass destruction. He singled out Iraq, Iran and North Korea, claiming these states and their terrorist allies constitute an axis of evil arming to threaten the peace of the world. (Fact Sheet) ââ¬Å"The United States must act against these regimes by denying them the materials, technology and expertise to make nuclear, chemical and biological weapons and provide them to terrorists, Bush said. â⬠(Fact Sheet) North Korea is currently a communist-state one-man dictatorship. Under a communist-state one-man dictatorship elections are held but there is nobody to run against the leader. For instance in September of 2003 there was an election held in North Korea. Kim Jong Il and Kim Yong Nam were the only nominees for the positions and nobody opposed them. (Central Intelligence Agency) The government controls the people. The government rules a lot of what the people of North Korea can do or say. For the executive branch in this country, Kim Jong Il has been the ruler since July of 1994. Kim Yong Nam is the president of its Presidium and he also has the responsibility of representing state and receiving diplomatic credentials. Central Intelligence Agency) As for the legislative branch, the ruling party approves a list of candidates who are elected without opposition, but some seats are held by minor parties. (Central Intelligence Agency) The judicial branch of North Korea consists of a central court, and the judges are elected by the Supreme Peopleââ¬â¢s Assembly. The way this government is set up is very different than the way the democratic states are set up. In a democratic society the people get to vote for leaders and high ranking officials. While in these authoritarianistic regimes, the people have no say in who is going to run their country. There have been many North Koreans that have tried to escape either to China or South Korea. Few people have made it across the boarders safely. However, if they fail to escape and they are captured by the North Korean military they will be tortured or even executed in some cases. (Pearson Education) ââ¬Å"North Korea, one of the worlds most secretive societies, has been accused of egregious human-rights violations, including summary executions, torture, inhumane conditions in prison camps, which hold up to 200,000 prisoners, and denial of freedom of expression and movement. Access to the country is strictly limited and North Koreas domestic media is tightly controlled, making it difficult to substantiate the accusations. â⬠(Pearson Education) I believe a huge part of why North Korea is actually still in existence is because the military has so much control on the people. Of course no country wants to start a war with North Korea because of their military strength and their nuclear weapons. ââ¬Å"A number of stabilizing elements assist the regimeââ¬â¢s efforts to maintain internal order. The society seems united in popular support for the party, and the people have a strong sense of national pride. Kim Il Sung, by all indications, truly is admired and supported by the general population. â⬠(Federal Research Division Library of Congress: Pg 275) It is difficult for people that are from a democratic government to actually understand why authoritarianism governments work. Most all of the authoritarianism governments that I know have a strong following from their people. Whether the masses like the leader because he is helping the economy or helping a food shortage situation is another story. Personally I think these people in these countries are so afraid of what the leader might do to them or their family that they just do what they are told. Of course these people have never had it any other way. They donââ¬â¢t know what it is like to have a democracy. They donââ¬â¢t know what it is like to voice their opinion. The people in North Korea didnââ¬â¢t get to choose where they wanted to be born. If we had a free world Iââ¬â¢m sure when some of those people realized that there are better governments in the world that wonââ¬â¢t control your every move then they would leave the country. It is just not that easy for anyone to just get up and go to China or South Korea. People born into democratic societies should be thankful that they can enjoy the freedoms that they have, because there are other parts of the world where the idea of having rights is completely out of their control. There is no possible way the people can over throw the government in North Korea. North Korea has too strong of a military. One way the government will get overthrown is if it is done internally. The second way it will get overthrown is if they go to war with another country and they lose their power. ââ¬Å"Indeed, research on Korean communism has become the pursuit of an avocation, meandering off the mainstream of contemporary social science. Most students of Korean communism have come under the influence, in varying degrees, of the lingering legacy of Kremlinology and the advancing model of Chinese studies. Following the general lines of development in Chinese studies in the 1960s and 1970s, research on Korean communism has shown an uneven advancement. On balance, research and knowledge concerning North Koreaââ¬â¢s domestic politics and economy have developed more rapidly and significantly than the study of its foreign policy, which has remained neglected and underdeveloped. (Kim Pg:282) The economy in North Korea is struggling. Due to flooding and the lack of arable land, the people in North Korea are at a food shortage. Massive amounts of international food aid have allowed people of North Korea not to starve. Central Intelligence Agency) Mal-nutrition and poor living conditions still exist heavily in North Korea. As with everything else in the country, the government has the right to control the food and economic conditions. The religions that are practiced in this authoritarianism government are traditionally Buddhist and Confucianist, with some Christian and syncretic Chondogyo (Religion of the Heavenly Way. ) ââ¬Å"Autonomous religions activities now are almost nonexistent; government sponsored religious groups exist to provide illusion of religious freedom. (Central Intelligence Agency) Like other authoritarianistic governments such as Cuba, Iran, Afghanistan, and Iraq until not to long ago, the regimes will last until somebody does something about it. The United States ended the authoritarianism regime in Iraq because we had enough military power to overtake Sadaam Hussein. The U. S. troops are still over in Iraq trying to force the Iraqi people into having a democracy. The Iraqi people that have voted so far on the new leader of their country is not a man that the United States wants t o have them run their country. Sadaam Hussein would still be in power and have complete control of Iraq if the United States didnââ¬â¢t take him out of power. The military balance in South Korea is much stronger then North Korea. In case of another North Korean invasion, the South Korean military only has about 600,000 people while the north has around one million. However these numbers are misleading because of the fact that these numbers donââ¬â¢t include the superior training, equipment, and logistical support that the south has. Kang: Pg 262) ââ¬Å"The South has outspent the North on defense in the last 15 years, if not longer. â⬠(Kang: Pg 262) North Koreaââ¬â¢s nuclear threats are a grave concern for South Korea and the rest of the world. The Soviets were building bombs in the 1950ââ¬â¢s and China developed a nuclear bomb in the early 1960ââ¬â¢s. North Korea didnââ¬â¢t start trying to assemble nuclear weapons until South Korea became a threat to them because they were overtaking North Korea in a lot of areas during the 1970ââ¬â¢s. Kang: Pg 266) ââ¬Å"North Koreaââ¬â¢s significance to the world with a bomb is much greater than without a bomb. â⬠(Kang: Pg 266)In conclusion, there are many reasons why the authoritarianism regime in North Korea is still up and running to this day. There is simply no way that anyone can overthrow the government unless it is done internally. The people located in these authoritarianism regimes usually like the leader, and agree to what he says. These people didnââ¬â¢t choose where they wanted to be born just like nobody in a democratic state had an opinion as to where they would like to be born. It is sad that most all of the money spent in North Korea is aimed toward building up a better military and not helping out with the economy or the food shortages. The only way these people know how to live is to be ruled by a dictator. Until the United States or some other world power takes down North Korea, the authoritarianism regime will continue to govern.
Saturday, September 21, 2019
Acute Care Nurse Practitioner Interview Nursing Essay Example for Free
Acute Care Nurse Practitioner Interview Nursing Essay The Advanced Practice Nurse (APN) I interviewed is FS; she is an Acute Care Nurse Practitioner (ACNP) with the department of Urology at Saint Louis University Hospital (SLUH) and has been licensed and board certified since 2010. FS graduated in 2005 from Goldfarb School of nursing in Saint Louis earning her bachelor of science (BSN) and then took an intensive care staff position with Missouri Baptist hospital for two years. With two years of experience she felt she needed to continue her education in nursing and enrolled in a Saint Louis University (SLU) ACNP program. She realized after the first year that trying to work full time and take classes was too much for her, so she decided to quit her job to focus full time on her studies. Her first position as an ACNP was with the trauma department step down floor at SLUH in 2011. This position was advertised in newsprint and after sending in her resume she was contacted to for an interview in person. My first interaction with FS was last fall when I was teaching Advance Trauma Care for Nurses as she was one of the students that I recognized from the trauma department. We struck up a conversation and I basically did a mini interview then and she since has given me contacts for preceptors this summer. Last week I notified her regarding this interview and she informed me to meet her at noon in her office where we discussed questions listed according to the description of assignment for a total of 30 minutes. Personal history including education FS received a Bachelor of Science degree from Georgetown University in Economics and International Business. When working out a problem or learning a new skill she likes to get the general picture and start gradually focusing in on specifics similar to deductive theory. She knew she wanted to work in a hospital setting, from there to a surgical floor, and now she has focused in on Urology. She learned the Urology department at SLUH wanted to bring in two or three APNââ¬â¢s on service to round and be first assistants in the operating room through networking with other APNââ¬â¢s in the hospital. When she interviewed for the position she had a great working relationship with that service already. They knew she was punctual along with having familiarity with documentation system. She basically had been marketing herself before she even knew it by having a proactive relationship with consults. Description of current practice FS does not currently have a formal job description since her position is new and she is the first APN to fill this newly developed role with this service. Other than being told she would round on patients in the hospital, write orders, discharge patients, and first assist in the operating room she has no formal written description. When she applied for her position she was informed it would be a lateral move with no increase in pay or benefits. FS arrives to the hospital at 0600 similar to an intern or second year resident. Every morning she receives report from night float of any new patients or issues to existing patients who have been admitted. Information is gathered on labs and radiology films that have been completed and she uses this information when her first patient assessment is completed early that morning. The fellow or senior resident will round on each patient to discuss labs, radiology, and patient assessments. From this a plan is developed what needs to be done that day to move forward before the attending rounds with the team to discuss the same items. From this point she may go to the operating room to first assist if it is her patient or write new orders on the other patients assigned to their service. If she happens to be first assistant she will follow the patient back to their room and write post operation orders. Her role is very similar to a second year surgery resident duties. Description of APN functions using the APN core competencies. Working in an inner metropolitan city hospital that has many ethnicities has been challenging. She has had to learn certain customs, body posture, and position can have either a positive or negative impact in perception from the patient with regard to attitude of care they are receiving. She has learned from staff of the same ethnicity or watched family and friends interact with one another on proper cultural customs. The first of two main core competencies FS uses is clinical and professional leadership with fellow APNââ¬â¢s and physicians discussing assessments and plan of care. The second of two core competencies is consultation with other services and the nursing staff in consideration to patient care and goals (Cooke, Gemmill, Grant, 2008). APNââ¬â¢s have additional competencies but these are the two main descriptions FS uses daily. FS has worked through many challenges as an APN the last few years. Some of the minor issues have been the acceptance from other services that do not have APNââ¬â¢s. Over time other services have become accustomed to consults from APNââ¬â¢s by her demonstrating knowledge, professionalism, and kindness. The biggest challenge she has faced is an overabundance additional patient work load since the department will no longer have residents this year. She has the attendingââ¬â¢s blessing to hire more APNââ¬â¢s and they will take on more direct patient care. Issues confronting the APN in current practice FS reports there are no real issues she faces at present other than just continue to work on suturing skills in the operating room. She stays current in Urology by attending grand rounds along with reading and presenting journal articles. She also has the luxury of having a fellow who has been a great source of knowledge. Perceived impact on APN role pursuant to current healthcare developments, changes, and national recommendations. It is my personal belief APNââ¬â¢s will be one of the fastest growing professions in the coming years when the Affordable Health Care Act takes place. It appears that many physicians will probably be in specialized services along with the APN. In addition, APNââ¬â¢s will be the majority of primary care in the future as more individuals will seek wellness physicals and the baby boom generation is nearing 70 years of age.
Friday, September 20, 2019
Marketing strategy for a LAN gaming centre
Marketing strategy for a LAN gaming centre Our business which is called Pro-Gamers, is a LAN gaming centre and an entertainment area for people whom are interested in playing computer and console games. It will be useful to explain what LAN gaming is. LAN means Local Area Network that enables more than one person can play in the same game environment at the same time,(Wikipedia) In other words, it is simply a network of devices and computers in a given area. In the light of the information about the meaning of LAN, LAN game centre is a business where a person can use a computer connected over a lan to other computers in order to play multiplayer computer games. (http://wn.com/LAN_gaming_center) LAN game centres are becoming common and well known in the world wide. There are over 650 LAN game centres in the US and 90% of the LAN game centres in the world are in China (Wikipedia). We are living in a computer era now and computer games are becoming more and more popular in the world especially for the new generation. Therefore, this creates us a good opportunity to setup this kind of business in this North West region of United Kingdom as further market research shows the laciness in this kind of gaming centres and identifying such market gap we are going to establish this kind of gaming centre in the Liverpool region. 1.1 Location and focused customer groups: We are planning to launch our business model in the areas which are close to the four universities in Liverpool because LAN game centre is more related to young people. So our focus customer group is students especially international students. Students have large groups in general and they tend to play such games together in the same environment. However, it cant be easy for international students to find chance in order to play computer games, especially LAN games. Local students have their own game consoles and convenient computers in their houses that enable them to play such games comfortably. Because of this reason, we are focusing on international students and it is a well known fact that there are many Chinese students in Liverpool, considering the majority of LAN game centres are in China, we have a significant opportunity. 1.2 Collaborations: In terms of our collaborations, we are planning to work with the organisation of Interactive Gaming UK which is professional in LAN gaming in UK. The IGUK provides professional support to new LAN gaming centres. So, we gain another significant opportunity to make a successful start up process. 1.3 Business: 1.3.1 Structure: Our business models structure is divided into two parts. First one is about the products and services, and the second is about the platforms. With regard to the products and services, we are providing project rooms to our customers with wide screens for watching sports games such as football for British and cricket games for Indians. We have a small food court as well in order to have some drinks, snacks, sandwiches while customers are playing games. In terms of our platforms, 1.3.2 Equipments: We arrange high end Pcs, X-box 360 and play station 3 (PS3) with LCD TVs so our customers can play separately or together with their friends. 1.3.3 Products: On the other hand, we also provide special memberships separated by their willingness of playing platforms such as Pro-Gamers PC for computers users, Pro-Gamers X for x-box users and Pro-Gamers PS for play station users. It is an opportunity for the customers to pay less and the same for us as well because we make discounts for membership cards holders. 1.4 Future purpose: As mentioned in the introduction part, our business model is a LAN game centre and the popularity of playing such games is getting bigger day by day in the world wide. The most important example about the popularity of LAN games is the World Cyber Games. It is an international e-sports event arranged by Korean Company World Cyber Game Inc. and backed by Samsung and Microsoft. (http://www.wcg.com/6th/main.asp) It is the largest gaming festival celebrated once a year and more than one million visitors come every year to this LAN game event.( http://www.bukisa.com/articles/362457_the-top-pro-video-game-competitions) In world Cyber Game Championship, there are specific games which are quite common in the world such as counter strike and each country has its own teams to represent. The teams are playing against each other to win the World Cyber Game Championship. It can be deduced from the information above that this championship is the hugest and the most popular one in the world and the biggest companies are in support of this big event such as Samsung, Microsoft, Dell Alienware. Our future purpose is to create a LAN game team sponsor them and send them to represent UK in the World Cyber Game Championship by means of our business. Therefore, we will expand our business to the world wide and be a well known and famous game centre, and on later expansions of such teams we will be introducing our own teams from the countries in which where we will be operating our LAN-Game centre, in this way we are in an option to enter into the International market and make our feature in the game centres. 1.5 The uniqueness of our business model: It is the fact that uniqueness is one of the most significant features for a new small business in the start up process. It is the essential point that enables small businesses to run and make profit. If there are some important competitors in that business area, it will be so difficult for new businesses to grow. Considering our business model, we have this significant feature, we are unique in Liverpool. There are some LAN gamin centres in UK in different regions but in North West region which Liverpool is located, there is no LAN gaming centre. (http://lancenters.com/Default.aspx) The locations of the LAN gaming centres in UK are shown region by region in the table below. Approaches to Start up Process: Every business start up is a unique event. Everyone has a different set of skills and experiences, which may give rise to entrepreneurship opportunities (David Deakins and Mark Freel), e.g. personal SWOT. Everyone wants their launched business to be stable, profitable, and manageable. This is only achieved by selecting the prior approach model which fits within the business idea. Therefore every business organization should have to consider all the aspects of setting-up a business. According to David Deakins and Mark Freel there are three types of approaches in setting-up a business, they are: I. Intuitive approach, II. Methodological approach and III. Incremental approach. According to the business start-up approaches given by David Deakins and Mark Freel, our business idea i.e., setting up a game centre (pro-gamers) in Liverpool resembles to both intuitive approach and incremental approach. Where intuitive approach has the upper hand than incremental approach. Intuitive approach: Carl Jung noted that intuitive approach does not denote something contrary to reason. But something outside the province of reason. It is neither a magical sixth sense nor a paranormal process. Intuition is not the opposite of rationality, nor is it a process of guessing. it is a sophisticated form of expert hones over years of job specific, experience (prietula Simon, 1989). Therefore intuitive business approach means just start up from nowhere, with strong personal belief in the idea and with minimal planning. Intuitive approach is an opportunistic and tends to be high risk because of minimal planning. Therefore as our business idea to launch a game centre in Liverpool, intuitive approach suited our business idea because of the following factors, Opportunistic. Strong personal belief in idea. Minimal planning. Can be viewed by some as the true entrepreneurial approach. Has the advantage of speed. Tends to be high risk. The above are some of the factors of intuitive approach (entrepreneurship and small firms 5th edition by David Deakins and Margarent Fletcher). 2.1 STAGES IN THE START-UP PROCESS: Everyone who are intended to launch their new business in the market should undergo a number of stages in the start-up process of a business. Without considering the stages, one cannot launch a profitable business. Similarly we have considered the stages in the start up process in our business idea, which gave us a clear idea on the opportunities and validating the idea of our business. Thus the following are the stages in the start-up process of a business. Formation of the idea. Opportunity recognition. Validating the idea. Entry in to entrepreneurship. Launch and development of the ongoing business. Formation of the idea: The seed stage of your business life cycle is when your business is just a thought or an idea. This is the very conception or birth of a new business. This is the stage where idea is formulated. Opportunity recognition: Most seed stage companies will have to overcome the challenge of market acceptance and pursue one niche opportunity. The seed stage business should recognise the opportunities for their business to move to the next stage. In our business idea we had recognised a great opportunity, because there is no game centre located in the north-west of the United Kingdom which provides lan gaming, play station gaming etc. Validating the idea: Validating the idea is an important stage where one should validate his/her idea, and ensure that it really solid enough for ones personal investment of time and money. Therefore validation means collecting the prior information to validate the business plan. In our case we gathered the information and validated the business idea. Launch and development of ongoing business: Launch and development of an ongoing business is the last stage of the stages in the start-up process of a business (David Deakins and Mark Freel, 2009). It is the stage where the business idea is finally launched. To launch and develop the game centre in Liverpool we have to consider some of the factors like, business idea is : Depending on budget Organizing events for the awareness among the people Expansion : infrastructure Food court Cafà © and bar Projector rooms 2.2 Start-up options of a business: To launch every business plan into business activity there are four options to start up a business. According to David Deakins and Mark Freel they described start-up options of a business into the following categories. They are. Starting from scratch. Buying a going concern. Buying a franchise. Management buy-out/ Management buy-in. Therefore according to David Deakins and Mark Freel the best start-up option of a business, which fits in our business idea, is starting from scratch. Starting from scratch: Starting a business from scratch can be the most rewarding method of business start-up. Unlike Franchising, Referral Marketing and Buying a business- you are 100% on your own. Before you dive in at the deep end, there are plenty of things you can do to increase your chance of success. There is a better opportunity to know the market and competition, creating a realistic business plan etc. Our business idea fits starting from scratch start up option,because as there is no such game centres in the north-west region of UK which provides different ranges of fun facilities. Therefore it will be 100% of our own implementation. Therefore starting from scratch got both advantages and dis-advantages. Thus the following are some of them Advantages: Initial investment level is decided by yourself or your ability to attract investment. Many organisations offer support / subsidies / funding. You will have the chance to explore new business concepts / formulae. No restrictions on your business methods. Control expansion to suit. Ability to adapt quickly to changing economic circumstances. Great sense of achievement and ability to say I told you so. Potential to sell, franchise or float on stock market once business has established. Disadvantages: Most business start-ups fail in their first year. Takes time to build up the business. No goodwill from customers and suppliers. Ability for your friends to say I told you so. Potentially high risk than all the other options. 2.3 Market research and marketing: Market research: In todays world as the gaming industry is booming to an extent, many of the gaming companies are competing between each other to become the best. Therefore many of the game centres in UK are trying to make good business with this opportunity. As there are many lan gaming centres spread in UK, north west of UK doesnt got any. Therefore according to the IGUK (Interactive game United Kingdom) list of lan gaming centres, north-west of UK is a game centre free zone. Therefore our business idea is to fill up the market gap. Therefore we would like to launch a lan gaming centre in Liverpool to cover the market gap. Market targeting: According to our business idea, i.e. launching a Lan gaming centre in north-west of UK, Liverpool. We mainly focus on people between the age group of 12-20 (youth) because people of that age group are more attracted to play computer games. So we have mainly concentrated on the people between that age group. Our main target is to attract the students of different universities, schools etc. We mainly focus on international students because numbers of international students are un-able to play the games which they would play in their home countries. The main dis advantage or limitation of this business idea is the age group of the people, because people of above 25 years will not have interest to play computer games. As our business idea has the age limitation criteria, we cannot attract the whole market. Therefore we need to capture the young generation market to achieve the goals. When it comes to market targeting there are many issues which we have to consider. They are, How to target the market? Whom to target? Can the targeted market is enough to achieve the profits? Marketing and marketing strategies: As one of the famous scholar described in his words the meaning of marketing that Marketing is the social process by which individuals and groups obtain what they need and what through creating and exchanging products and values with others, (PHILIP KOTLER). Every business has to market its products and its services to the consumers according to consumer needs and wants. Every business has to market its products and services or people will be unaware of that particular brand. Every company follows their own marketing strategies to attract customers. Without implementing marketing strategies one cannot attract the customers. In our business proposal as the main target is on young generation, we are mainly focusing on the young minds. We are planning all kind of marketing strategies to attract them. Some of the marketing strategies are as follows. Distributing palm plates in all the universities, schools etc in Liverpool. Organising events to increase awareness among the people. Advertising through internet pop-ups Offering different membership categories. Organising inter college championships Advertising through social networks. 2.4 Organization and management team: Management structure: A Management structure consists of activities such as task allocation, co-ordination and supervision, which are directed towards the acheivement of organizational aims (pugh, D.S., ed. 1990). In other terms management structure is defined as it is the form of structure that determines the hierarchy and the reporting structure inn the organization. Explicit and implicit institutional rules and policies designed to provide a structure where various work roles and responsibilities are delegated, controlled and coordinated to acheive the organizational goals is known as management structure. Therefore every organization i.e. from small scale organization to large scale organization will have a management structure. Without an organizational structure one cannot run business effectively. According to pugh, D.S. he has described management structure in to 3 types. They are, Traditional structure (based on the functions between line and staff managements) Divisional structure (based on different divisions in an organization. i.e. product division, market division, and geographic division) Matrix structure (it is the mixture of both traditional and divisional structures.) Therefore according to our business proposal, as our business is on a small scale. The initial owners will be 4 partners. Every thing is carried on the basis of divisional management structure, by categorising on the product, market,and geograpgic structures. As our business idea throws a light on incremental stage also, there will be a chance of recruitments in the future. 2.5 Operations: There are certain feature milestones for our business, those are set for the development of the business by all means in the international market, the key reason that is forecasted in our business plan are on the primary purpose Milestones: every business has its milestones to achieve so as to work on the first step is to establish firmly in the local market and the next step is to enter into the national market and the third step is to enter into the international market by franchise way, Franchise is a kind of vertical marketing system with a contractual relationship between the franchisor and franchisee, (Brassington and Pettitt, 2006, Pg. 1082), and on later expansion there will be a cafà © and bar in addition for the lateral income to the business Project and events: Pro-Gamers will sponsor teams from the operative country and sponsoring them to WCG and on the other hand we will be organising tournaments in between the operative countries and also there will be tournaments from the universities in the operating countries, which has its key reasons to keep us active and also to gain profit from these kinds of activities. Resources and Locations: in our Pro-Gamers business the resources are in general will in collaboration of IGUK.Org and associates providing all the required equipments like (n Vidia, WD Raptor, Creative sounds, AMD, Keconnect Broadband, EXS systems), supports all game publishers by buying their games and to reject all forms of piracy,(IGUK.Org sponsors), followed by the locations in the initial stage it will be organised near the university or in permission of the university premises, and later in the slightest increment in organising it will be setup in the large stadiums, with this there will be standard cash flow which will be helping us in the development of our business. SMEs Internationalization: 3.1 Role of SMEs: Business is a profession that starts with purpose of making profits out of it, and theres a fact that should never be kept out of focus that is by all means to develop the business, its development, growth, expansion in the sense of local to international markets. It is always said that SMEs involvement in international markets is increasing (Hall and Donchels 1988, Lamb and Liesch 2002), yet SMEs are not fully represented in the international economy as large firms (Fujita 1988). Well SMEs are though in the international economy but their reliability and feasibility are questioned by the big players, but in the recent times there were many reports which says that SMEs will play a greater role in the rapidly changing economic environment (WIPO General Assembly, Twenty-six (12th Extraordinary) Session Geneva, 25/09/2000 3/10/2000), so we often come across the term SMEs so lets know what is a SME as it is defined as, The category of micro, small and medium-sized (SMEs) is made up of e nterprises which employ fewer than 250 persons and which have an annual turnover not exceeding 50 million euro, and/or an annual balance sheet total not exceeding 43 million euro. Extract of Article 2 of the Annex of recommendation 2003/361/EC (European Commission). The researches says that the SMEs are real player of the todays economy in comparing to the large businesses, but there are also some reports that says that they also fail as it is the span of business or lack in improvement to survive or cannot sustain the competition from the other business firms, A study by Equifax has revealed that the retail sector saw a 17.2 per cent rise in business failures last year, with many SMEs forced to close their doors, reports Creditman, Neil Munroe, the external affairs director at Equifax, confirmed that a number of the failures recorded would be small businesses, (SMEs business failure rate increases, Published On 8 January 2007). 3.2 SMEs Market Expansions: Well though business starts from some point, but there is a point that a business can develop itself to the international level by entering into the international market. Which is in the term called as Internationalization, well we are talking about internationalization lets know what is internationalization as there are many definitions that internationalization is defined but there is no exact definition to define it, as it can be defined in general term its an opportunity that is recognized by the firm to enter into the markets of different countries to expand their activities. This is what internationalization can be define or said in general. 3.3 Pro Gamers Internationalization: As it is defined the business of LAN (Local Area Network) gaming centre Pro-Gamers', which is our small business that we are going to start, as it is defined that at some stage it is in need to recognize an opportunity to enter into different market from, local to national and international in an order to expand our activities by all means considering all the ethical marketing issues in a specified market. As our gaming centre is basically a new kind of gaming centre that is different from the other gaming centres of indoor game activities or casinos, though it is well known in the international market but the confusion that is always observed by the audience in the locality of the Liverpool, is that it is the same kind of gaming centres like the casinos and the indoor game centre, which is basically not of that kind and it differentiate from the other gaming centres by all means. The market that is observed in the North West region of England does not have this kind of gaming centre to the farthest reach of people of Liverpool. 3.4 Gaming Market of North West of UK: Liverpool has 4 casinos. Our database says there are 35 gaming machines in Liverpool, and 45 total table games., as for these are the casino and indoor gaming centres these centres does not meet the exact criteria to Pro-Gamers, so this is one of its kind as mentioned, this game centre will have all the state of the art technology for the gaming purpose and all kind of games that makes its customers to experience the good gaming experience. 3.5 Entering into the International market: There are several reasons to enter into the international market or supply chain relies on the development of a supportive business environment for SMEs and the build-up of the human, technical, and financial capacity of these SMEs so they can understand the policies and operations of global supply chains and profitably respond to those requirements. (Pg 1, Enabling SMEs to enter into the International Supply Chain, June 2005) . These are certain reasons that makes Pro-Gamers to enter into the international market to expand our activity, as we mentioned earlier that we will be providing a membership options to the customers to play in the respective platforms and, later on to the interest of the customers we will be organising teams and sponsoring them to represent U.K, and later as we enter into the international market we will be expanding our activity and then we will be organising team from the operating countries and they will be battling against each other in the WCG and in occasions there will be tournaments between the Pro-Gamers teams from the operating countries in the mean time 3.6 SMEs Advantages and Disadvantages: As it is said the SMEs have the advantage compared to the Multinational Co., because it tend to Includes faster and more streamlined decision making process Less bureaucracy Low fixed cost, and More agility to responding to new customers needs and changes in the business climate. (European IT SMEs in India SMEs in focus: Main results from the 2002 Observatory of European SMEs). Pro-Gamers is a micro business unit has the advantage in comparing to the other gaming or casinos of its nature of being a micro business unit and having low number of employed personnel thus the maintenance is low and, it has the benefit of one time investment in local but as it grows to the international markets it need more investments and more persons to employee and expand the activities into the international markets. There are some disadvantages in the SMEs Internationalization which in general, include limited working capital and resources, more difficulty in attracting and retaining talented workers, and higher transaction costs. SMEs also tend to be young, specialized companies, which means they lack the scale and scope of larger firms. A small number of managers leaves SMEs with a lack of collective experience as well as a limited bench to draw from for new initiatives. Many SMEs are also suppliers to much larger multinationals, which often translates to a lack of bargaining power(European IT SMEs in India, Eric Olsson, Peter Schumacher pg 1). Resource constraints of SMEs can be turned to their advantage by maintaining flexibility and resource leveraging (David, D and Freel, M, entrepreneurship and small firms), as for the resource gathering the IGuk.org is reliable sponsor of all kind of hardware and software installation as for the pert of infrastructure and they also provide guidance for the financial approvals and financial activities. 3.7 Network Model: The network model is based on the social exchange of firms, there is always a network of organisation that come in touch of the new emerging business and thus IGUK.org is a kind of an organisation that introduces and provides all kind of support from the government as well as from the private investors, well entering into the international market there is an Org that will help in establishing LAN game centres iGames.Org, thus continues interaction will eventually increase the speed up in process of the organisational set up. These are details regarding the countries that has won the medals in the international WCG championship these are some of the primary sources and thus, there is another primary data the illustrate the area of operation of the international gaming organisations which is in the below chart. Thus these are some of the primary data that is collected in the initial market research Secondary data: The secondary that is gathered is by a questioners which is provided to the respondent and the result of the active respondent showed that this business is new and some thought that its an old business model but on later discussion with the respondent and making them aware of the business it just came to approve that most of the respondent are very much positive of the business, there we almost all of 60 respondent of which almost all were positive and some were not sure about what is the business but the positive respondent made it to appear a good customer response. There is questioner is attached to the file and its a prototype. Joint venture Strategies: Joint venture and strategic alliances is a process that Pro-Gamers is in the purpose of alliance that we are going to opt for the international market to set up our business and iGamer.Inc and WCG.Org are the international partners for us to establish in the international market and grow our business in all times there are certain countries that is targeted to enter, most of these countries are the economy of emerging and transition like India, Brazil, Turkey, Pakistan, Sri lanka these are some of the target market in the internationalization of our business.
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