Essay Business Plan for Battery-Less-Hearing Aid

The business plan is intended solely for informational purposes to assist you with a due-diligence investigation of this project. The information contained herein is believed to be reliable, but the management team makes no representations or warranties with respect to this information. The financial projects that are part of this plan represent estimates based on extensive research and on assumptions considered reasonable, but they are of course, not guaranteed. The contents of this plan are confidential and are not to be reproduced without express written consent.

For the personal goal aspect of the project everyone choose their own goals and we could compare our results to better understand our team members. Another aspect that the group discussed was the amount of money that should be spent on purchasing market research. We decided to go with the most expensive plan because it will have the most accurate results and one of the most important parts of starting up a business is understanding what the consumer wants. For the 3 month certification of deposit the group agreed on investing $800,000 at a quarterly interest rate of 1.50. By investing this large sum of money our company can generate 12,000 in interest revenue. Therefore, this is a brief summary of the startup quarter of the company, Speedy Solutions, and how the group members determined how to invest the company assets and come to an agreement on team

The life of the hearing impaired can be one of pain and suffering. Without the ability to hear, people might not be able to complete tasks for jobs, because they won’t be able to hear the communicated task. So how will they survive in the outside world, the modern world where the ability to communicate is vital? People will need an electronic device to help them communicate. And this awe-inspiring piece of technology for the people with hard or no hearing is the AdaFruit Led light box.

Passages A & B have different views on what would work best for the Deaf people, but they both want want a positive outcome for the Deaf community. Passage A mainly talks about how the cochlear implants do not benefit deaf people and how the permanent effects from it can be a disadvantage for the implant patient in the deaf community. “Implanted children would "end up trapped between two worlds: they can't live the way hearing people can, and yet they won't have grown up in the deaf community, using ASL" (Zimmer 85)”. The author helps the reader understand the Deaf community rather then understand the medical view of cochlear implants.

While there are many risks involved with cochlear implants, there could also be many benefits. The question that remains is, “Do the benefits of receiving a cochlear implant outweigh the risks?” Although many advances have been made scientifically to improve the effectiveness of cochlear implants, it is also important to examine the opinions of the deaf society, how a deaf person’s communication skills may develop with or without a cochlear implant, and the economic factors

According to HearingLoss.org, more one in every five Americans suffer from some form of hearing loss, that’s about 50 million Americans. By the age of 65, 1/3 of all Americans suffer from hearing loss [5]. Because of the large size of affected patients, developing and improving hearing correctional methods is an ever-growing and advancing field of study.

To this day, medical professionals and scientists dialogue about the issue of providing cochlear implants, electronic devices to aid one’s auditory perception, to the overall deaf population (NIDCD). Some claim they should be given to deaf children and adults, while others oppose this perspective, because of vexatious burdens that supersede few benefits.

could you imagine a world where you aren’t able to hear a sound? Well, for hundreds of thousands of people this is unfortunately their reality. However, with advances in technology people are now able to hear for the first time and let me tell you, that’s certainly music to my ears. A new piece of medical technology known as the cochlear implant is a life changer that helps the deaf to live a normal life.

At Now Hear This®, everyday we see how hearing loss drastically affects one’s quality of life. Recognizing that many truly cannot afford to treat their hearing loss, Now Hear This® is partnering with Widex, a leading hearing aid provider, to create our "Gift of Hearing Program." This annual program will give one person in our local community the gift of hearing with a new pair of premium hearing aids valued up to $6,400.

Cochlear implants, the surgical device which the media has frequently offered as the miracle cure for deafness, has been utilized as a treatment for hearing loss since the early 1960s (Paludnevicience & Harris, 2011, p.100). In patients with a hearing loss due to damage of hair cells in the inner ear, cochlear prostheses are able to provide some degree of hearing restoration by bypassing these structures and transmitting sounds directly to the auditory nerve (Paludneviciene & Harris, 2011, p. 100). With its start in the mid twentieth century, the technological resources available to the creators of cochlear implants limited their ability to provide patients a natural hearing experience. Though they initially provided only limited gains to deaf

It would be beneficial to know more about Mr. Johnson’s personal preference when it comes to different types of hearing aids. He mentions that he wants a small hearing aid, but it would be worthwhile to show him the varieties and get his opinion on the available options. It is important to enable the individual with hearing loss to be able to have a say in the process. This provides some buy-in for the patient. Furthermore, it would be worth noting how dexterous his fingers are and how decent his near-sighted vision is. These are steps that are essential in connecting Mr. Johnson to the proper hearing

Advancements in Information Technology have now made it possible to restore hearing to the profoundly deaf by inserting a prosthetic device called the Bionic Ear (also known as the Cochlear Implant) in an individual’s inner ear. The Bionic Ear technology is an example of design and innovation combined with information processing, software design and development. Since it was first invented, technology advancements proceeded on a parallel track in terms of miniaturisation and increasing sophistication of this Bionic Ear technology. This particular technology operates by delivering electrical stimuli to the auditory nerve which then triggers auditory

Cochlear is an Australia 'Born Global" company, which has been very successful in restoring partial hearing to deaf people and help them hear. As a global business, Cochlear has many market share in many market in which it operates. However, there are serious factors that can influence on Cochlear and might lose its market shares. Therefore, Cochlear need to verify the macro and micro factors around the market and decide on their target market and develop a suitable marketing mix in order to approach to success.

We have grown into a company infrastructure that can house more than 200+ members in its workforce and is still expanding. Our strength lies

This technology gave more power for hearing aids used by the severely hearing impaired (p. C292).