Scopes Trial :: essays research papers

The roaring 20's, a definitive time for change in the world. An introducing to new technologies and philosophies is sweeping the country and with it a change that is met with opposition. A notable event that affects everyone, is the infamous â€Å"Monkey Trials.† The lasting effect of a mockingly laughable monkey trial, was felt in many areas of everybody’s lives. Specifically the impact felt was seen through media, changes in personal intellect and the transition from traditional to modern values.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Not only was the trial heavily covered; it changed its nature to accommodate the coverage.† This case drastically altered the scale and the hype of any media until that time. The presiding judge, allowed radio lines into the courtroom, paused proceedings to allow photographers time to snap a shot, and even moved the entire trial outside to allow every person a chance to view it. The fact that this â€Å"media event† was probably the most heavily covered hype of it’s time, but that the hype became more important than the trial itself. â€Å"The real trial, it was agreed, was taking place in the newspapers. The things the jury never got exposed to got the heaviest emphasis around the nation.† Newspapers and magazines carried innumerable articles and cartoons on the case, and telegraph operators wired stories to Europe and Australia. For the first time news of an American trial was nationally broadcast by radio, while thousands of pe ople came to Dayton itself to take in what became a virtual carnival, complete with sideshows.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Modern life had become too complex for ordinary householders to get along with the help of experts.† During the trial, Clarence Darrow saw his defense as a â€Å"vehicle for affecting the public,† one that which had little opportunity of winning, but in due course tooks it’s affect among those who heard his argument. Mr. Darrow, in a risky move, brought in outside experts to testify which, â€Å"was not only an affront to local pride but a relatively risky new procedure in law.† The times changing, with technology and scientology among other things, saw the need for the everyday person to have his/her life explained to them by an expert. The case changed a lot of the purpose of a normal person being able to consider complex thoughts and discriminate logical possibilities without a broken down explanation.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"Consequently, the primary importance of family, home, church, and local community began to recede in national life.

Ratio Analysis Memo

Ratio Analysis Memo July 9, 2012 Memo To: From: Date: July 9, 2012 RE: Kudler Fine Foods ratio analysis One of the things that we will be going over is some of the ratios for Kudler Fine Foods through Liquidity, Profitability, and solvency ratios. We will look into some of the finding that were found through these ratios and discuss them. One of the things that we found was where Kudler Fine Foods’ position is with these ratios. The first area that we look at is profitability. Profitability Ratios:When looking through the profits of the company through the balance sheets we will look at a couple of areas. The first area that we will look into is the asset turnover of the company. The beginning assets started in at $1,971,000. When you take that by the total assets of $2,675,250 you get the turnover margin which is 4. 04. Net Sales___ = Asset Turnover $10,796,200 = 4. 04 Total Assets $2,675,250 Next area we see is the profit margin. You see through the balance sheet that Kudler Fine foods over the board did pretty good when you look at it from a profit stand point.The way we calculated the profit margin was Net Income over sales and this was the information that we got: Net Income = Profit Margin$668,950__ = . 06 Net Sales $10,796,200 Looking into the return on assets it was interesting to see some of the findings when we calculated. Net Income____________ = Return on Assets $668,950 = . 28 (Beginning + Ending total assets)/2 ($1,971,000 +$2,675,250)/2 Return on Common stockholders’ equity: Net Income = Return on Common stockholders’ equity. $668,950 =. 0 Shareholders’ equity $746,290 Solvency Ratios: Solvency ratios measure the company’s ability to meet long-term obligations. This is a ratio that measures the company’s size after tax income. One of the things that you look at with solvency ratios is debt to total assets. Total liabilities = Debt to total assets $746,290 = . 27 Total Assets $2,675,250 The other area that is measured in Solvency ratios is Time interest earned: Earnings before interest & Taxes = Time Interest earned $10,796,200 = $1,376. 8 Interest Expense $7,845 Liquidity Ratios: A company is labeled by how easily it can meet its short term obligations. Something that I think is happening pretty well at Kudler. When you look at the different ratios of the Liquidity you see some good numbers. Let us dive into these ratios so you can see what I am talking about. Current Ratio: Current Assets = Current Ratio$1,971,000 = $16. 94 Current Liabilities $116,290 Receivables Turnover: Sales Revenue = Receivable Turnover $10,804,000 = $12. 60Average Acct Receivable $86,000 Inventory Turnover: Cost of goods sold = Inventory Turnover$8,974,831 = $10 Average Inventory($467,890 + $429,090)/2 Acid Test: Liquid Assets = Acid Test$1,971,000 = $16. 94 Current Liabilities$116,290 When you look at the overall ratios of Kudler Fine Foods you see that things are going in the right direction. Looking at th e profitability margins you see increases in a short amount. Anything with an increase is good news. I would say that Kudler Fine Foods is in good condition and is steadily improving.

The Critical Thinking Problems Plaguing Cobol And How They...

Abstract Critical thinking is essentially the process of analyzing and evaluating thinking in order to improve it. Success in critical thinking demands that leaders make reasoned decisions and adopt holistic perspectives. It also involves solving problems, deducing and inferring judgments, and being open to new approaches. Critical thinking is also the art of actively and technically conceptualizing, implementing, analyzing, processing and/or evaluating information generated through experience, reasoning, observation or communication. In simple terms, critical thinking is something individuals and organizations want and need to do well. Without critical thinking, chances of success as a leader are minimal. In this paper COBOL Systems, a fictitious IT company which deals in software and hardware, will be used as a reference point. The paper will focus on the critical thinking problems plaguing COBOL and how they can be solved. Key words: critical thinking, leaders, management, and organizations. Introduction of the Organization and a Discussion of the Organizational Culture COBOL Systems manufactures and distributes computer software and hardware. It deals with several high-profile companies in the United States, taking care of their IT needs and offering technical support. The company was formed in 2002 by two young IT graduates with ambitious ideas on how to approach the IT segment. COBOL has since grown to become one of the largest IT firms in the United States.

A Leadership Profile of American Project Managers.

Title: A leadership profile of American project managers. By: Zimmerer, Thomas W., Yasin, Mahmoud M., Project Management Journal, 87569728, Mar1998, Vol. 29, Issue 1 Abstract This paper reports the results of a survey of senior project managers. The results clearly and unequivocally identify positive success and negative leadership as the cause of project failure. The characteristics of leadership are further identified, as well as the projectmanagement tools that are most useful and most often used. It can be concluded that organizational effectiveness requires projectmanagers to combine their technical competency with the ability to develop and display leadership. Keywords: leadership; organizational effectiveness; project†¦show more content†¦Companies can create an aggregate plan that allows them to assign practices to theirprojects with an estimate of needed resources ... managers can eliminate congestion and long hours by evening out workloads (Alder, Mandelbaum, Nguyen, Schwerer, 1996). (See also Jungen Wowalczyk, 1995.) Bob Lewis (Info World, 1996) sets forth the five keys that he believes differentiate successful projects from the others: scope control; regular, concrete, reasonable results; weekly status meetings; team buy-in to the plan; and walking around. Project management is considered a vital tool for the implementation of business process reengineering. Project management allows organizations to break things down into simple processes and assign these activities and modules to individuals. This approach helps organizations identify existing built-in dependencies among processes ... A multidimensional forum for enterprisewide visibility is essential and will lead to significant productivity and cost savings. ... Project management is the organizational glue that binds together dispersed, high accountable teams throughout the organization. Teams will seek and demand a framework to ensure their success under the new rules of rapidly changing intensely competitive markets. Project management provides the framework, encourages dispersed leadership and provides visibility of effort to stakeholders throughout the organization (King 1996). Clearly, projectShow MoreRelatedGlobal Leadership711 Words   |  3 Pagestaking risks American readers are probably scratching their heads: what kind of a leadership profile is this? How can a leader ignore his direct reports when making key decisions? What happens to credibility when you’re constantly massaging the message? The brief profile above came from a survey of Chinese managers as part of the research program called the GLOBE project. Of course, there are also parts of the Chinese ideal leadership profile that are similar to the American profile, but it’s usuallyRead MoreQCP 100 Quiz 2 Ch 4 Questions 21626 Words   |  7 Pagesstrategic directions. Answer: T 6. The concept of strategic leadership has moved leadership perspectives away from team- and system-based â€Å"great group† concept toward the solitary â€Å"great leader† paradigm. Answer: F 7. The Organizational Profile provides the â€Å"finer picture† of the various organizational parts and thus sets the context for good strategic decisions. Answer: F 8. The second group of questions in the Baldrige Organizational Profile is listed under the heading â€Å"Organizational EnvironmentRead MoreAnalysis Of Hofstede s Five Dimensions Of Culture906 Words   |  4 Pages Management styles differ with each country, region and industry. From varying leadership styles, religious beliefs, geography to social mores to gender differences, there are many challenges facing managers in today’s global economy. I work for a global medical device and software industry where we have offices and regional management structures across the globe. I’ve had the privilege of working with managers and team members in the UK and European markets and have noticed many differences betweenRead MoreA Detailed Leader Profile From My Placement1597 Words   |  7 Pages public service leadership will be defined and analyzed. A detailed leader profile from my placement will be developed and described using Competing Values Framework, as this is the mo st effective model that helps leaders think differently about value creation and shows them how to clarify purpose, integrate practices, and lead people in an organisation. 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The quality of a leader is important to support the managerial function in all organization and not be forgotten in health care environment. E. Leadership in today’s healthcare, style of leadership, about HIM, II. Health Information Technology A. To further my skills in Medical Billing and Coding. B. End ofRead MoreEssay on Managing Organizations Leading People3213 Words   |  13 Pagesamp; LEADING PEOPLE-BIP2 Task 2 2 Evaluation of my Personal Leadership Style 2 Reflection on the Results of my Seven Habits Profile 2 Self-Leadership Evaluation 4 Strengths and weaknesses identified 6 Recommendations. 7 Goals to improve my leadership practice. 8 References 9 MANAGING ORGANIZATIONS amp; LEADING PEOPLE-BIP2 Task 2 Evaluation of my Personal Leadership Style Reflection on the Results of my Seven Habits Profile The Seven Habits of Highly Effective People (1989) is a businessRead MoreMba Program At Mumbai University1250 Words   |  5 Pagesexplore my talents and realize my potential, among them was Mr. Shrikrishna Patil-my father, a role model and mentor. He once read out an American proverb which states ’The man who reads is the man who leads’. Due to my father s infulence, I started reading a lot of articles not only on technology but also on social political aspects which helped me shape my leadership qualities. During my 3rd year of undergradutation, I was appointed as General Secretary of the student council, wherein I directed everyRead More Glass Ceiling Essay912 Words   |  4 Pagesconstraint has been described as â€Å"gender based assumptions about careers and aspirations.† (McCracken 160) The second hurdle limits the advancement opportunities for high performing and ambitious women. Finally, the absence of formal and informal leadership development and ne tworking possibilities exacerbate the inequality. Gender Based Assumptions. One of the most damaging perceptions is the belief that women are primarily focused on family and their secondary focus is on their career. It is generallyRead MoreProject Management Certifications : An Analysis1323 Words   |  6 PagesPROJECT MANAGEMENT CERTIFICATIONS – An analysis INTRODUCTION Projects are vital for business. Successful completion of a project determines the survival of the organization. Increasing number of organizations have recognized that to be successful they need to utilize modern project management techniques. Individuals are also realizing that to be competitive in the work environment they must develop project management skills. Hence the profession of project management is growing rapidly. International

##arison Of Feminism In The Color Lod And Toni Morrisons...

According to A Brief Introduction to Critical Theory, â€Å"Feminism embodies a way of reading that investigates the test’s investment in or reaction to patriarchal power structures that have dominated Western culture† (226). Women were expected to conform to the traditional gender norms created by society. However, Toni Morrison’s Beloved takes place in 1837 and tells about a former slave, Sethe, the protagonist, who escapes slavery and goes to Cincinnati, Ohio. In the midst of her escape, Sethe makes the choice to kill her young daughter, Beloved, in order to save her from a life of slavery. Sethe is haunted by the memories of slavery through her deceased daughter. Sethe is depicted as a woman who is independent, strong, and able to make†¦show more content†¦By escaping, it keeps her family together and prevented from her children being separated from her. According to Nancy L. Chick’s article, â€Å"Toni Morrison: Overview† writes, â₠¬Å"She [Sethe was] determined to escape North to shield her family†¦ and prevent her separation and estrangement from her children, the typical fate of slave families† (Par 8). Mothers were usually separated from their children, so in order to avoid that she makes the decision to escape. Another example would be when Sethe kills her daughter, Beloved, so she would not have to endure a life of slavery. Sethe’s choice was her way of refusing to comply and to protect her children from the life she lived. Nancy L. Chick also writes, â€Å"After escaping, she [Sethe] sliced her baby girl’s throat to prevent her from suffering the same violence that Sethe experienced as a female slave† (Par 8). By killing her daughter, she was protecting her from having to face what she faced. Sethe is also the provider of the family. She works in order to bring home food for herself, Denver, and Paul D. â€Å"The rest I brought back from where I work. Least I can do, cooking from dawn to noon, is bring dinner home† (16). She assumes the masculine role by being the sole provider for the family. In order to bring home food she works as a cook which shows that she is self-sufficient. She does not need to rely on a man to provide for her and her daughter, Denver, when she is capable

Tammy Larson and Mike Brennan Free Essays

The case study involves a turn to turn talk between Tammy Larson and Mike Brennan on a female who had applied for a job as a housekeeper. The two were discussing the employee’s profile. Details on her criminal conviction and drug possession raised a point of contention as the two were debating on whether to employ her. We will write a custom essay sample on Tammy Larson and Mike Brennan or any similar topic only for you Order Now Currently, criminal conviction and drug possession is a subject that is put into considerations while selecting and promoting employees (Hayes ; Ninemeier, 2016, p.130). Ideally, employees ought to consider the nature or circumstances that led to these criminal offenses. Most of the people are pushed towards these offenses because of societal and psychological factors which they have little control over. Characters (functions or behaviors)As for this case, Tammy Larson and Mike Brennan should first identify the nature and circumstances which prompted these behaviors. From the analysis, they should be able to decide on the way forward. Besides, they should be able to identify the connection between a criminal conviction and the work they are supposed to do (Mattke, Van, ; Martsolf, 2014). For instance, substance use after work may have little effect on housekeeping roles. If the convictions involved issues like dishonesty and mistreatment, it would be hellish to employ the candidate. In order for the human resource to be fair and just, there exists the need to consult legal advice. This will help determine the best course of action (Hemming, 2015). Besides, Larson and Brennan ought to identify third parties and their statements on the employee’s conduct. If I was the director, I would employ Stephanie. Management and leadership stylesThe federal law does not prohibit employers from seeking to know the criminal history of an employee. However, the same law prohibits employers from discriminating candidates on the basis of their criminal records (Mattke, Van, Martsolf, 2014). Therefore, employers ought to consider laws and legal decision during the selection process. Some of the most important laws revolve around civil rights acts which determine employment decisions. For instance, we have Title VII of the Civil Rights Act of 1964 which dictates how employees should be treated following criminal allegations (Hemming, 2015). Criminal history and record are important because they help employers accurately decide on a responsible, reliable and safe employee. Therefore, I recommend employers to request their employees to list recent criminal activity.Recommendation Employers should identify a fair response to criminal records and allegations of those they want to the employee. Ideally, we are all humans, and thus we are subjected errs. Criminal records and substance use are social issues which are propelled by other factors; some of the factors are beyond our control (Hemming, 2015). However, employers ought to consider the legal advice and third-party consultancy before employing or dismissing an employee. For those individuals who have transformed, their criminal record should not pose the challenge of selecting them.Conclusively, Tammy Larson and Mike Brennan should consider many factors while deciding on the response. Most importantly, the selection should consider matching the organizational goals with the skills and qualifications of the employee. In this case study, the applicant has the traits required for the job opportunity; hence, her record should not be an obstacle towards being selected. However, the female applicant should be advised on the best approaches that will keep her away from criminal activities and substance use. Naturally, it is unfair to judge a person based on their records or past engagements. References Hayes,  D.  K., Ninemeier,  J.  D. (2016).  Human resources management in the hospitality industry. Hemming,  A. (2015).  Criminal Law Guidebook: Queensland and Western Australia. Melbourne: OUPANZ. Mattke,  S., Van,  B.  K., Martsolf,  G. (2014).  Final report: Evaluation of tools and metrics to support employer selection of health plans. How to cite Tammy Larson and Mike Brennan, Papers

New Venture Capital Raising for Risk Assessment- myassignmenthelp

Question: Discuss about theNew Venture Capital Raising for Risk Assessment. Answer: Introduction Business could be everyones cup of tea but succeeding at it, is not. And hence starting a business has been never so easy. Commencing a new venture is a complex task and that comprise of execution of various operations and functionalities and adoption of various approaches and models is also required to be done. There are varied ranges of factors that will be stimulating the business environment and will surely affect the start-up of the business. The prime factors required for starting up a new venture are methods, manpower, material and machines (Arregle, et al. 2015). There are the major ingredients that will be aiding an entrepreneur in the process of commencement of a new venture. Furthermore, the process and operations that are executed for the commencement of the new business venture are also exposed to various risks and ethical issues and the same are required to be dealt in a professional manner for the success and growth of the start-up. The below presented summary has been focused on the various risks and ethical issues faced while launching and investing in start-up. Jet.com and Flatiron health are the two start-ups that will be used in the below presented report as case studies. These business organizations are new ventures and are commencing business operations from last five years stepping towards success. Risk assessment As mentioned above planning for a thinking and planning for a new start-up is an easy task but commencement of the same is not everyones cup of tea. Starting a business has been so easy. The economy has been offering varied range of opportunities but just like everything has its own pros and cons and also has fully high rated risks (Ben-Ari, and Vonortas, 2017). But once the entrepreneurs are able of analyzing the risks associated with the commencement of the new venture they are required to make essential provisions for the same for attaining success and growth in the business: The below presented are the 3 potential risks that can be faced by a new venture and the mentioned risks are demonstrated from the entrepreneurs and investors point of view: Product risk: What to be produced is one of the initial decisions while starting a new venture. This has been considered as one of the most crucial decision while commencing a business as business totally depends upon the delivery of the goods produced and sold. There are various risks that will be faced by an entrepreneur while before and while producing a product. For instance, the management of Jet.com is deciding for the product on the basis of market analysis and other surveys executed, screening of the products for checking the feasibility so as to get aware that the product is enough capable of surviving in market and also making the customers satisfy (Li, 2014). If the products are unable to satisfy the customers demands then it will be considered as a risk on the entrepreneurs perceptive. Moreover, the investors also make their decision of making investments in the venture after monitoring the feasibility aspect of the product. One of the greatest risks from the investors po int of view is that the inefficiency of the products in meeting and accomplishing the demands of the consumers. This risk will be affecting the investors while deciding for investments in new venture (Skripak, 2016). Market risk: This is one of the biggest and common risks that will be affecting both the entrepreneur and investors decisions on large scale. For instance, if Flatiron health is the entrepreneur and founds itself unable in collecting the proper knowledge and data of the market then it will be problematic for the venture. In-appropriate knowledge and data about the market will lead in development of a product that wont be able in satisfying the demands of the customers (Kvedaraite, 2013). And this situation can be considered as a risk for the new venture from the entrepreneurs perspective. Investors also have various market risks such as fluctuations in the market due to the political and governmental interference. Risk of Changing trends: This one of the most stimulating factor or can also be considered as the biggest risk that will be directly affecting the entrepreneur and indirectly to the investors (Van Aardt, and Bezuidenhout, 2014). Such as the changes in the market trends such as any up-gradation in the technological sector, changes in the perception of consumers, fluctuations in the taste and preferences of the consumers will have direct impacts on entrepreneur. For example, Flatiron health is a software company and any of the changes in the IT sector is required to be considered as an essential part for the business firm. And if the business firm fails to capture such data then it will be proven problematic for the entity and will overcome as an issue (Burns, 2016). Change in the norms and regulations relating to the new venture will affect the investors largely. The investors will have to execute detailed research on the related aspects before making investments. Failure in any such aspect will lead to generation of threats and risks for the venture. Ethical issues Business ethics has been considered as one of the integral components and essential requirements for starting a new venture. And this concept has also been considered as one of the biggest issue for an entrepreneur and also for an investor (EuroLogo Marketing, 2018). There are various ethical dilemmas that will be faced as issues by the investors and entrepreneurs in different forms while commencing a new venture and the same are presented as follows: Business licenses and Trademark: Business licenses are the permit that is taken from government of the country. Without getting a legal permit, the business does not have authenticity. So, ignoring the legal documentation can create an ethical issue to the organization and it can halt the business operations permanently. Moreover, it is very important for the companies to trademark the business. Trademark is the representation of the business among clients and customers. Generally, start-up businesses do not consider the trademark protection as a significant factor. It can lead the start-up to an ethical issue of trademark infringement. The major example of this issue is the case of PayPal and PayTM. Currently, PayPal has alleged PayTm of copying its business logo to enhance its customer base (Chell, et al, 2016). It has affected the business of both the companies. If the business does not get trademark copyrighted, then it can shake the base of business. In addition to this, it may influence the sales of business i n the market and it may have adverse impact on the investment decision on investors. It is one of the major issues to entrepreneur that needs to be considered while starting up a new venture (Klotz, et al, 2014). Desire to achieve: An entrepreneur decides for starting a business and or a new venture because he/she has an idea for a new product or services. A passion and commitment is required for that idea and never-give-up attitude for gaining knowledge and learning and also dealing though others might perceive as failure (Kirzner, 2015). High level of courage and strength is required and furnace a new path for the idea of a business. It will also require the entrepreneur to make serious efforts in terms of money, time and energy and will also take him away from his family and other relations for time being. And thus for coming over all these challenges the business entrepreneurs may opt. for shortcuts for heading towards success with a greater speed. And opting for shortcuts will lead in development of an ethical issue. Cultural and societal impact: On the basis of the research executed it has been analyzed that at societal level the entrepreneurship is held responsible in significantly influencing the lives of the individuals in upcoming times (Vonortas Kim, 2015). To the extent that the lives of individuals are molded by the marketing activities will bring a change in the way of living driven by the entrepreneurs. These are the prophets will be developing and commercializing the new products and services for which no presence of market was there. An entrepreneur possesses the power of shaping and shifting the paradigm in ethics and community services by making use of leadership skills. By utilizing these visions the entrepreneur will be able in developing new products, innovations, technologies, concepts or services creating demand for the brand in the new market regions (EuroLogo Marketing, 2018). Such business corporations not only exercise tremendous economic power but also symbolic power as t hey become the role models for the next generation of organizations. Entrepreneurs face arduous encounters and, certainly, leading the societies with values based management, being intensely conscious of some of these burdens and an emphasis on ethical issues in business might aid the creative thinkers in the attainment of their dreams. Top three risks and ethical issues On the basis of the current analysis it has been evaluated Jet.com and Flatiron health ate the two new ventures that are establishing the business in their concerned markets regions. The report has been basically designed and developed on the thought that the new business start-ups face various risks and ethical issues and these ethical issues and risks are classified as per the perceptions of the entrepreneur and investor (Brenkert, 2017). Further, the report has been presented for focusing the most prior risks and threats from the above presented one: The first factor that has been nominated at the top of the list is the ethical issue due to lack of infrastructure and this has been kept at the top most priority. As infrastructure is one of the basic requirements for commencing or starting the business. Building up framework, office premises for staff and execution of tasks at the underlying stage has been considered as a moral issue for the business visionary of any of the new pursuit. The business person should himself oversee and execute the dealing with and observing tasks and functionalities. The business visionary itself will assume a few parts, for example, checking the conduct of group, guaranteeing the bearing of endeavors towards expanding productivity in this manner making a corporate culture (Shaw and Barry, 2015). All of the above are the operations and functionalities that are required to be executed by an entrepreneur for conducting a business in an ethical manner. And hence this is the reason due to which this ethic al issue has been considered on priority. The second one is the risk due to the changing trends in the market that has been considered in the priority list and is held liable in stimulating the business environment for the new venture while launching the business. Market is the place where the outcomes that are the products and the services are expected to be sold and are the revenue generators for the business firms. And hence the trends and fluctuations in the market are required to consider as significant while deciding for launching the new venture and making investments in the same (Hyytinen, Pajarinen, and Rouvinen, 2015). The updated data regarding the changing trends of the markets will enable the business ventures to make changes accordingly and keep them a step ahead in the competitive environment. Maintainable a sustainable position will also be made possible as at the initial stages it will be very tough for the business entity to survive in the business environment. The last but least is the risk due to product point that can be considered in the list of priority. Product is the final outcome of all the efforts made by the team within a business venture and is one of the integral factors that will aid the entity in earning profitability. And hence developing and designing a product, that is enough capable of satisfying the consumers requirements has been considered as an essential process to be executed by the new venture. And if not done, then the business entity will be facing several issues and will be at risk. Conclusion In the limelight of the above executed analysis it has been inferred that commencing a new business venture is a crucial task and this process is associated with number of risks and ethical issues. These risks and ethical issues are required to be considered by the entrepreneur while launching the business and even by the investors while making investments in the same. The above report has been presented focusing towards the ethical issues and risks pertaining that will be faced by the entrepreneur and investors while commencing a new venture. References Arregle, J.L., Batjargal, B., Hitt, M.A., Webb, J.W., Miller, T. and Tsui, A.S., 2015. Family ties in entrepreneurs' social networks and new venture growth.Entrepreneurship Theory and Practice,39(2), pp.313-344. Ben-Ari, G. and Vonortas, N.S., 2007, Risk financing for knowledge-based enterprises: mechanisms and policy options, Science and Public Policy, 34(7), 475-488. Brenkert, G.G., 2017. Entrepreneurship, ethics, and the good society. InEntrepreneurship(pp. 85-128). Routledge. Burns, P., 2016.Entrepreneurship and small business. Palgrave Macmillan Limited. Chell, E., Spence, L.J., Perrini, F. and Harris, J.D., 2016. Social entrepreneurship and business ethics: Does social equal ethical?.Journal of business ethics,133(4), pp.619-625. EuroLogo Marketing, 2018, Legal/Ethical Issues to Consider When Starting a Business, available from https://www.eurologo.org/legalethical-issues-to-consider-when-starting-a-business/ (Accessed on 31 March 2018). Hyytinen, A., Pajarinen, M. and Rouvinen, P., 2015. Does innovativeness reduce startup survival rates?.Journal of Business Venturing,30(4), pp.564-581. Kirzner, I.M., 2015.Competition and entrepreneurship. University of Chicago press. Klotz, A.C., Hmieleski, K.M., Bradley, B.H. and Busenitz, L.W., 2014. New venture teams: A review of the literature and roadmap for future research.Journal of Management,40(1), pp.226-255. Kvedaraite, N., 2013, Reasons And Obstacles To Starting A Business: Experience Of Students Of Lithuanian Higher Education Institutions, Management, 19 (1), 1-16. Li, W., 2014.Risk assessment of power systems: models, methods, and applications. John Wiley Sons. Shaw, W.H. and Barry, V., 2015.Moral issues in business. Cengage Learning. Skripak, S.J., 2016, Entrepreneurship: Starting a Business, Pamplin College of Business and Virginia Tech Libraries. Van Aardt, I. and Bezuidenhout, S. eds., 2014.Entrepreneurship new venture management. Oxford University Press. Vonortas, N.S. Kim, Y., 2015, Managing Risk in New Entrepreneurial Ventures, Available from https://www.ige.unicamp.br/spec/wp-content/uploads/sites/15/2015/07/Book-Chapter_Vonortas-Kim_2015.pdf (Accessed on 31 March 2018).