Entrepreneurship Essay Example | Topics and Well Written Essays - 1250 words - 2

Entrepreneurship - Essay Example Palmer is found to treat the people recruited as general partners who would help him to manage the funds. In case he would have treated his partners as limited, the entire burden of fund management had fallen on him. Thus, he can be taken as an example of a true entrepreneur in promoting a good teamwork. The case study of Maclean Palmer can be regarded as an ideal model for business entrepreneurship in the Venture Capital market. Maclean Palmer by dearth in the field of private equity investment is found successful in identifying a business opportunity and working out a plan to explore the opportunity cited. His decision to design the 200 million US Dollars on Equity Investment came from his interest to work on the area of minority business development. To this end, Palmer is seen to invite suggestions from Wanda Felton of Credit Suisse First and David Mazza of Grove Street Advisors to gain business expertise. Palmer considers the combination of expertise of the scholar minds with his rich experience of the equity market as a successful option in business entrepreneurship. It is seen that most of the minority business managers recruited were from business schools like Wharton and Harvard. Moreover, with the recommendation of Felton senior business executives were also taken in. Felt on in this context observes the marriage of the young and scholar minds with experienced people will certainly pave the way to business success. Palmer is found to give more importance on his people rather than on the experience and qualification parameters. He is observed to give considerable stress to form an environment of spontaneous teamwork. In regards to the opportunity cited by Maclean Palmer, David Mazza of Grove Street Advisors states that the decision to move into non-traditional investment sources was a profitable business decision taken by Maclean Palmer. It is because as Mazza

Dangers of drunk driving Research Paper Example | Topics and Well Written Essays - 1000 words - 1

Dangers of drunk driving - Research Paper Example With the help of two informative articles, statistics and information on this very topic have been provided and discussed well within the confines of this paper in order for the reader to be able to gauge a better insight into the harmful effects that are caused by drunken driving. In the United States of America, the leading cause of deaths for people under the age of 24 has been branded as motor vehicle wrecks due to drinking and driving. It has been estimated that one American life is lost every 20 minutes due to a drunk driver on the road, or even drinking and driving. (Gieck, D, Joseph, and David M Slagle ) The main thing that most traffic policemen check is the blood alcohol concentration of a driver on the road. If this turns out to be about 0.10 or more, then the driver is seven times more likely to be involved in a car accident than a driver who is completely sober at the time of driving. Most college students and young adults form the population that undergoes these traffic related fatalities with respect to heavy episodes of drinking. Thus, the concept of a free ride was started in a number of states within the United States. The main aim of the free ride was to provide intoxicated drivers with a cheap mode of transportation so that they are able to reach home safely along with mitigating the chance of harming anyone else on the road. (Gieck, D, Joseph, and David M Slagle ) It is important for such programs to be effective all over and not just in parts of the world because according to harm theory, it has been suggested that most accidents due to the effects of alcohol happen due to secondary measures. This means that most people under the influence of alcohol cause harm on activities that they carry out rather than harming themselves directly. It is very important for people to be able to judge the level of alcohol that they have consumed before riding their vehicles on the