A factor that contributes immensely to the success of an economy as a whole is diversity. An organization that can effectively unite individuals from different cultures and backgrounds can expect healthy growth in the future. However, diversity can be considered to a much greater extent. When analyzing any economy, one can observe that is formed by large firms, medium sized firms, small firms, and firms that are barely getting on their feet. No matter the size or type of business, they all significantly contribute to the overall well being of any economy. Furthermore, one type of institution that forms a considerable facet of the diversity of economies are entrepreneurs. Entrepreneurship describes any institution that begins without the support of any higher corporation or established business. Any individual can study how an entrepreneur works and makes decisions in an economics class or they can even major in entrepreneurship in some universities. However, these educational institutions many times fail to inculcate in their students how these types of business actually operate in the real world. With that in mind, a concise yet profound analysis of a small business in Buckeye, Arizona will consider how an entrepreneur owned business truly works. Twelve years ago, three brothers, Martin, Luis, and Ricardo Ortiz, opened Ortiz Mobile Service, LLC. After previously working twelve years at a large semi-truck company, Luis Ortiz pondered the idea of operating his own
Diversity, equality and inclusion will be explained and examples give throughout. I will also look at ways in which setting can promote the different values, and looking at the different examples form by own settings. I will also briefly look at the different laws and codes relating to diversity, equality and inclusion.
Bygrave, W.D. & Zacharakis, A. (2014). Entrepreneurship, 3rd ed. Hoboken, NJ: John Wiley & Sons, Inc. ISBN: 978-1-118-58289-3
The concept of diversity is one that individuals may not think of when they think of nursing. Diversity is a major component to nursing and the care that is provided to patients. In this concept analysis, antecedent, attributes and consequences of diversity are identified. The following antecedents are: race, social economy, knowledge, gender, and education level. The attributes of diversity are individual, variety, perception, difference and civilization. The consequences of diversity are as follows; acceptance, decision making, cultural competency qualifications, respect, degrading, trusts
Thesis Statement: The economy is for ever changing toward what has control of demands, the environment of entrepreneurship is high on the charts, however the small business are surviving equally with the large businesses.
The demographics of the United States are changing at a rapid pace and consequently we are observing a “transformation in the culture and buying habits of this nation.” (Robinson, Pfeffer, & Buccigrossi, 2003)
“It is time for parents to teach young people early on that in diversity there is beauty and there is strength.” ― Maya Angelou.
“We may have different religions, different languages, different colored skin, but we are all human race” - Kofi Annan. This quote said by Kofi Annan explains perfectly how not all people have to be of the same background or even the same culture but everyone is still a human being so you can not treat them as any less. America is a melting pot because of all the different cultures in the US today. Also, the US is working on rights for all by making it more convenient for people who do not speak English to have the same rights. While some people believe diversity separates a country, it can be argued that diversity creates unity because today the US is a melting pot, and they are working on rights for all.
Jopwell is a recruiting firm which connects the minority job candidates with the Tech companies in Silicon Valley. The main issue faced by the Tech companies is that the referral candidates are not serving the purpose and they can’t find talented minority candidates suitable to their companies. The companies are aware of the benefits like increased financial returns by having diversity in their workforce. Jopwell is currently serving 45 companies by providing them a pool of thousands of talented minority candidates and has been successful in placing a significant number of candidates in these companies. The company is focussing on diversifying the whole organization by filling the non-technical roles as well like finance, marketing,
The belief and implementation of free markets and pro-business policies have allowed the American nation to become the strongest country in the world. The entrepreneur is a special type of business person that is hurt by the livable wage. Our nation’s economy is diverse and adaptable because entrepreneurs are always willing to take risks to make money and stay competitive. Entrepreneurs act as the catalysts for the American economy. They take the capital risks to create new products,
The United States for years has been a country full of opportunities. As of the freedoms, the United States is a country full of many different types of people with their own cultures and different views of life. A reason for this is that, the United States is promoted as an interwoven country. The United States is the land of opportunities, but it can also be abundant in diversity and exclude others because of their culture or just the fact that people are not the same skin color. The color of one’s skin can also predict what opportunities people have in life. The United States may have a pluralistic society, but it can also be the greatest diverse country. Everyone in the United States no matter which race wants to achieve the American Dream
Business Studies is an important course that prepares students to face the real practice of commerce. Engaging theory and practice is instrumental in ensuring that students learn the underlying factors that determine the practice of every business practice. Carroll and Buchholtz (2011) suggest that business forms the backbone of the current economic activities as every activity of human life must involve some loss and gain together. Additionally, he notes that entrepreneurship is taking deep roots in the society, a condition which mandates everybody to possess some knowledge in business. Drawing reference from the aforementioned statements, it is important for the society to have individuals who possess not only
With today's workforce becoming increasingly diverse and organizations doing more to maximize the benefits of the differences in employees, organizations are relying on managers to get the people who get the job done. People have always been the central to organizations, but there strategic importance is growing in today's knowledge-based business world. An organization's success increasingly depends on the knowledge, skills, and abilities of its employees excluding there gender, age, ethnicity, and the differences in skill and abilities. When employees' talents are valuable, rare, difficult to imitate and organize, an organization can achieve an advantage. Having managers or human resource departments that are superb for
When America was founded, it was established on freedom and equality for all people. At first it was just religious freedom, but eventually freedom of speech, press, petition, and more. In time, America began to be known as a “melting pot” of cultures as more and more people came because they wanted this freedom; the more people who came though, the more problems America had. There were too many cultural discrepancies between people, and ultimately America, the country based on freedom and equality, faced challenges concerning diversity.
Diversity relates to gender, age, language, ethnicity, cultural background, disability, sexual orientation or religious belief, including that people are different in other respects such as educational level, job function, socio-economic background, personality profile, marital status and whether or not one has family. Diversity and demographic differences can impact individual behavior by creating conflict in the workplace. The success of an organization depends on the workforce of the organization. A workforce made up of diverse individuals from different backgrounds can bring the best talent to an organization. There are many types of diversity and demographic characteristics
The economy is composed of enterprises and businesses. Our economy has survived because the industry leaders had been able to adapt to the changing times and supplied mostly the communities’ needs. Entrepreneurship produces financial gain and keeps the economy afloat, which gives rise to the importance of innovation in entrepreneurship. Entrepreneurs are innovators of the economy. The importance of innovation in entrepreneurship is another key value for the longevity of a business. And, being innovative has helped us become successful in all our endeavors.This leads me to choose my higher education in “Master of Business Administration