Essay on Enterpreneurship And Management - 884 Words

Entrepreneurship is The process of initiating a business venture, organizing the necessary resources and assuming the associated risks and rewards. Entrepreneurship as an option. For many years there was many worries surrounding the idea but recently there has been an outbreak of entrepreneurs making money and living a better quality of life. Women and minorities are now starting their own businesses more than men because they have been discriminated in the corporate world and decided to go out on their own. Entrepreneurship and the environment-people used to be worried about small businesses surviving now there are about 23 million out there. Since our economy is rapidly changing it creates new opportunities for small business owners†¦show more content†¦Coming up with the idea is the easy part. Then you need to develop a business plan. It is a specific plan detailing every aspect of your new business. It provides financial projections, target markets, risks associated with the business. Then you need a legal form. This determines whether you will be a partnership, proprietorship or a corporation. Financial Resources-two ways to finance the business is debt-financing or equity financing. Debt-financing is borrowing money that has to be paid back at a later date. Equity finacing is done with venture capitalists in which they become part owners of the company. There a re 6 main tactics people use to become a business owner they are to start a new business. Buy an existing business. Buy a franchise. Participate in a business incubator. Be a spin off or try using globalization. Getting help-there is assistance available form SCORE. They are all retired business executives which helps small businesses grow. The SBA (small business association) also helps small businesses and has a web site with tons of useful information. Stages of growth-There are five stages of growth. Existence, survival, success, takeoff and resource maturity. Planning- The primary goal of planning is to stay alive. In the early stage of existence it is basically non-existent. Organizing is important in the first two stages of growth Leading- this is important because small firms most of the time have a hard time hiringShow MoreRelatedScript on Annual Day Function1580 Words   |  7 PagesFinancial Accounting. Economics – Paper III. Business Management : Paper III- Management Organisation Development. Commerce: Paper III- International Business Relations. Quantitative Techniques : Paper III-Mathematical Methods. Banking Finance : Paper III- Introduction to Banking in India. 11:00 a.m to 02:00 p.m. Financial Accounting Auditing : Paper-III Financial Accounting. Economics – Paper III. Business Management : Paper III- Management Organisation Development. Commerce: Paper III- InternationalRead MoreTybcom Exam Time Table1768 Words   |  8 PagesTIME FOR T.Y.B.COM. 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ANTHONY ANNAN MONDAY APRIL 4, 2011 Rich Dad Poor Dad is a book that presents thought provoking teachings on wealth creation and financial independence. The book can be describes as a narrative motivational novel that features four interesting characters, Rich DadRead MoreFactors That Can Promote or Hinder Enterpreneurship1492 Words   |  6 PagesOther, later commentators broadened the definition to include the concept of bringing together the factors of production. This definition led others to question whether there was any unique entrepreneurial function or whether it was simply a form of management. Early this century, the concept of innovation was added to the definition of entrepreneur-ship. This innovation could be process innovation, market innovation, product innovation, factor innovation, and even organisational innovation. 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As Senator Arthur Vandenberg Famously Stated In 1947, “We

As Senator Arthur Vandenberg famously stated in 1947, â€Å"we must stop partisan politics at the water’s edge.† Vandenberg’s declaration suggests that domestic policy differences should not affect how the United States conducts itself abroad. This notion is especially relevant in understanding the discrepancies – or lack thereof – between foreign and domestic policy in the modern United States. Since its founding, the United States has prided itself on its exceptionalism, with many of its leaders endorsing a â€Å"foreign policy driven more by domestic values than by the vagaries of international politics.† In recent decades, however, this principle has been tested. Since the end of World War II, the United States has emerged as an international†¦show more content†¦Amid World War I, the United States began to develop into a global power, but retreated into isolationism once the war ended. The United States’ international pre sence truly began to take shape after World War II. Although â€Å"there was a rapid demobilization [and] another yearning to ‘bring the boys home,’† the United States would never follow an isolationist foreign policy again. Throughout the twentieth century, the United States developed an increasingly extensive foreign policy, but it was not until the 1990s that humanitarian efforts began. These endeavors advanced the United States’ international presence – blurring the line between foreign and domestic policy. Following the conclusion of the Cold War in 1991, the United States shifted its focus to developing nations in Africa and the Middle East. Combating communism and the Soviet Union had been the United States’ utmost concern for decades, and the latter’s collapse left American foreign policy in an uncertain state. In 1992, President George H.W. Bush launched a humanitarian mission in Somalia that sought to help â€Å"restore orde r and get food to the Somali people.† This undertaking, which continued with President Bill Clinton, failed, with the United States’ exiting less than a year later following the deaths of eighteen American soldiers. Although this mission was unsuccessful, it marked a shift in

Determination of the Fundamental Electronic Charge Free Essays

ELECTROLOYSIS OF WATER: DETERMINATION OF THE FUNDAMENTAL ELECTRONIC CHARGE PURPOSE: The fundamental electronic charge of water will be determined. A system of collecting the formation of H2 and O2 using two inverted glass collections tubes and a 1-L beaker filled with water will be setup. An electrolyte (H2SO4) will be added to water to make it an electrical conductor. We will write a custom essay sample on Determination of the Fundamental Electronic Charge or any similar topic only for you Order Now A small amount of electricity will be applied to the water (roughly 400 mA) to oxidize the oxygen and reduce the hydrogen at the same time. The molecular hydrogen and oxygen gases produced will be trapped in the separated, inverted tubes so that their volumes can be measured. In comparing the volume of gases produced, applying Dalton’s Law and the Ideal Gas Equation along with the application of the stoichiometric ratio between the electron and the gases, the fundamental electronic charge will be determined. THEORY H+ ions will join together at the cathode (the negative electrode) to produce H Atoms, and the H atoms will join to form molecules of H2 gas. At the positive electrode (the anode), H20 molecules will decompose to replace the H+ ions lost and release O2 gas. The reactions appear below. H+(aq) + 2e- — H2(g) Reduction (at the cathode) 2H20(l) — 4H+(aq) + O2(g) + 4e-Oxidation (at the anode) The volume of H2 and O2 will be directly proportional to the time and current applied to the system. This will provide the number of electrons consumed on a stoichiometric ratio as follows: 1 H2(g) to 2 e-Reduction (at the cathode)(1) 1 O2(g) to 4 e-Oxidation (at the anode)(2) The moles of electrons can be expressed as a rearrangement of the Ideal Gas Equation: Ne = PV/RT(3) Where P = pressure in atm, V = volume in L, R = Gas Constant of 0. 08206 atm mol-1 K-1 and T = temperature in Kelvin The actual electronic charge of water will be calculated as follows: e- = it/NeNx the stoichiometric ratio (1) or (2) above Where i = current in amps, t = time in seconds, Ne = moles of electrons passing through the circuit from equation (3) and N = Avogadro’s number. The actual electronic charge will be compared to the theoretical charge of 1. 603Ãâ€"10-19 Coulombs. 1. Convert height of the solution into mm Hg to get the hydrostatic pressure (pressure due to the liquid left in the gas collection tube): height of solution x density of solution density of mercury 2. tmospheric pressure in the room – hydrostatic pressure = Ptotal (total pressure exerted by the gas trapped in the gas collection tubes) 3. a)Ptotal (total pressure) = PH2 + PH20or Ptotal = PO2 + PH20 b) PH2 = Ptotal – PH20 c)PH2 / 760 = Patm (Pressure) 4. Ne = PV/RT 5. e- = it/NeNx the stoichiometric ratio | | Run 1| Run1| | Run 2| Run 2| | | – (cathode)| + (anode)| | – (cathode)| + (ano de)| | | Tube 2| Tube 1| | Tube 2| Tube 1| | | H2| O2| | H2| O2| Run Time in seconds|   | 987. 13| 987. 13| | 1102. 82| 1102. 82| Average Current|   | 0. 303| 0. 303| | 0. 277| A| Height of Solution| Hsol mm| 400. | 325. 0 | | 81. 5 | 314. 2 | Volume of gas produced| Vgas (mL)| 40. 10 | 19. 72 | | 40. 10 | 19. 80 |   | Vgas (L)| 0. 04010 | 0. 01972 | | 0. 04010 | 0. 01980 | Temperature of solution| C| 24. 0 | 24. 0 | | 25. 6 | 25. 6 |   | Kelvin| 297. 15 | 297. 15 | | 298. 75 | 298. 75 | Vapour pressure of water | mm Hg| 22. 377 | 22. 377 | | 24. 617 | 24. 617 | Atmospheric pressure| Patm mm Hg| 770. 50 | 770. 50 | | 770. 50 | 770. 50 |   | Patm| 0. 94567 | 0. 95293 | | 0. 97354 | 0. 95103 | hhg hydrostatic pressure (mm Hg)|   | 29. 41 | 23. 90 | | 5. 99 | 23. 0 | Ptotal (mm Hg) in the tube|   | 741. 09 | 746. 60 | | 764. 51 | 747. 40 | PH2 (mm Hg)|   | 718. 71 |   | | 739. 89 |   | PO2 (mm Hg)|   |   | 724. 23 | |   | 722. 78 | | | | | | | | moles gas n (r earranged Ideal Gas Equation) Ne = PV/RT| 0. 001555 | 0. 0007707 | | 0. 001592 | 0. 0007681 | e- = it/NeN|   | 3. 194E-19| 6. 445E-19| | 3. 185E-19| 6. 604E-19| stoichiometric ratio| Final| 1. 597E-19| 1. 611E-19| | 1. 593E-19| 1. 651E-19| | theoretical| 1. 603E-19| 1. 603E-19| | 1. 603E-19| 1. 603E-19| | Difference| -6. 193E-22| 8. 166E-22| | -1. 028E-21| 4. 801E-21| | % Error| -0. 4%| 0. 5%| | -0. 6%| 3. 0%| How to cite Determination of the Fundamental Electronic Charge, Essay examples

Concept of Home Automation-Free-Samples-Myassignmenthelp.com

Question: Discuss about the Internet of Things and Concept of Home Automation. Answer: Topic of project: The topic of the project is to adapt gesture control in home automation system. Introduction: Internet of things (IOT) is the process of interconnection of devices in vehicles or buildings with connected hardware and embedded software like actuators, sensors and network connectivity that helps in exchange of data between them. The IOT allows remote sensing of objects across existing physical networks causing in a more direct integration of the physical resources inside the computer system. This report discusses on the concept of home automation and its vast uses in the market. It mainly involves the automatic control of physical appliances like heating, conditioning or home appliances like oven or refrigerators. This report further discusses on the project of Gesture Control in home automation. Without manually using any home appliances, gesture control can help to provide peace of mind to users. Solution and features: The internet of things is constantly changing the user interfaces of the appliances in a rapid rate. The interactions and operations are also constantly changing leading to a synchronized way of operations. The operations of these appliances with respect to gesture control are achieved by receiving the visual and sensory data from the camera present and applying it to the user interfaces (Xia et al., 2012). The ability to synchronize operations between appliances can lead to better savings of energy and operations and provide peace of mind to the user. A smart home can give many features to its users (Jacobsson, Boldt Carlsson, 2016). Interoperations can be achieved which provides synchronization between different platforms. Asides from gesture control, remote access is also another attribute of the smart appliances. Up gradation features is allowed by the smart appliances so that in future, the appliances will evolve with technologies (Jacobsson, Boldt Carlsson, 2016). Ease of interfaces is the most advantageous characteristics of a home-automated system. The interfaces may range from keypads or touch screens to gesture controls (Xia et al., 2012). A home-automated system provides energy saving feature by turning off not required systems. Gesture control is achieved in appliances with many technologies. The main use of it in managing home appliances is the ease of access and automation in place of manual information to be asked each time (Lee, Kaoli Huang, 2014). Many companies provide gesture control to its user one of which includes Point Grab (https://www.pointgrab.com). Diagram: Explanation of working: The components required to implement the project are: The Arduino Uno R3 ATmega is the main component used in gesture control system. LCD display is the second component used in the process. An LED bulb is used here. ADXL 335 Accelerometer is another component used here. Power supply DC fan is used for data to reach from the Arduino (Melgar Diez, 2012). The main component used here is the Arduino Uno R3 ATmega. The display used from here is fed to the LCD display. An LED bulb is used fitted to a hand glove. The glove is further fitted to an ADXL 335 Accelerometer (Peng Shen, 2012). The movement of the glove is achieved by the accelerometer. The output from is fed to a DC fan for switching on or off. When the glove is moved up, the fan is switched on and when the hand is moved down, the fan is switched off. This main concept is incorporated in many systems resulting in a smart gesture control (Melgar Diez, 2012). Pros and cons: Life gets busy for most of the people and never-ending thoughts of securing the house always comes to mind. Thoughts like checking the lock of the door or switching off the lights are common in these aspects. This is the very reason why a smart home can fix the concerned problems and provide peace of mind to the owners (Byun, Hong Park, 2012). Locking of the door is the first and foremost thought that comes to mind when someone decides to take a vacation or goes out of the house for some time. To avoid these circumstances, a smart lock can be used which can lock the house in the presence of a single swipe. Some smart locks can also be opened or closed by the single gesture. Kitchen appliances are also of another concern to the house owners. Installation of a Z wave kitchen module in the kitchen can solve the everyday tensions. Kitchen appliances can also be used with a gesture control to solve manual operations. While on vacation, it is impossible to change the temperature of a house in drastic weathers. Installation of a smart thermostat can provide the required heating to a house. Smart thermostat can also provide gesture swiping to adjust the temperature when the user is present in the house without the use of a remote (Melgar Diez, 2012). The main problem of gesture control system in automating home appliance fail from platform dependence and lack of standards. This causes appliances with different software to be run and causes interaction failures. Customers may not purchase the appliances that are hard to interconnect. Security concern is another problem of home automation. The patches or upgrades made to older system may leave bugs in the system and lead to malfunctioned behavior (Peng Shen, 2012). Conclusion: Internet of things is the ability to interconnect between appliances containing an IP address. The appliances can range from a heart monitor to a sensor installed in a vehicle. The embedded technologies integrated in these appliances let them detect the environmental factors and affects the necessary decisions taken. Thus, it can be concluded from the report that Internet of Things integration in home automation can lead to effective changes in buildings or in the market itself. References: Byun, J., Hong, I., Park, S. (2012). Intelligent cloud home energy management system using household appliance priority based scheduling based on prediction of renewable energy capability.IEEE Transactions on Consumer Electronics,58(4).. Jacobsson, A., Boldt, M., Carlsson, B. (2016). A risk analysis of a smart home automation system.Future Generation Computer Systems,56, 719-733. Lee, W. P., Kaoli, C., Huang, J. Y. (2014). A smart TV system with body-gesture control, tag-based rating and context-aware recommendation.Knowledge-Based Systems,56, 167-178. Melgar, E. R., Diez, C. C. (2012).Arduino and kinect projects: Design, build, blow their minds. Apress Peng, S., Shen, H. (2012). Security technology analysis of IoT. InInternet of Things(pp. 401-408). Springer, Berlin, Heidelberg. Xia, F., Yang, L. T., Wang, L., Vinel, A. (2012). Internet of things.International Journal of Communication Systems,25(9), 1101.