Accounting Study Essay

a. Recognize noteworthy duty and nontax issues or worries that may contrast across element types. b. Give your suggestion to shaping CCS as a C enterprise, S company, LLC, or association. Clarify your thinking for your decision of element, distinguish any issues that you may in any case be worried about, and propose proposals for managing the worries. Section 19 Problem 39 (LO2) Zhang fused her sole ownership by moving stock, a structure, and land to the partnership as an end-result of 100 percent of the corporation’s stock. The property moved to the company had the accompanying reasonable market esteems and expense balanced bases: FMV Tax-Adjusted Basis Stock $ 20,000 $ 10,000 Building 150,000 100,000 Land 230,000 300,000 Absolute $400,000 $410,000 The enterprise additionally expected a home loan of $100,000 appended to the structure and land. The honest evaluation of the corporation’s stock got in the trade was $300,000. The exchange met the necessities to be charge conceded under  §351. a. What measure of addition or misfortune does Zhang acknowledge on the exchange of the property to her company? b. What measure of increase or misfortune does Zhang perceive on the exchange of the property to her company? c. What is Zhang’s charge premise in the stock she gets in the trade? d. What is the corporation’s charge balanced premise in every one of the advantages got in the trade? Expect the organization accepted a home loan of $500,000 appended to the structure and land. e. What amount, assuming any, increase or misfortune does Zhang perceive on the trade expecting the reexamined realities? f. What is Zhang’s charge premise in the stock she gets in the trade? g. What is the corporation’s charge balanced premise in every one of the benefits got in the trade?

Sunset on the Sea Essay Example For Students

Nightfall on the Sea Essay The Sun starts to set gradually. The Orange red mass moves down the sky. The waves break tenderly into white froth on the dark sea shore. The little gems in the sand shimmer and sparkle splendidly orange, with the sunrays. The delicate sand pads the feet. The Now red sun is sliced down the middle by the delicate ocean. The pillars blush the coconut trees, which influence tenderly in the breeze. The seagulls ride with the breeze, dunking all through The Sea looking for food. The boats weave like toys on the water. The sun at last sets and haziness crawls up like a thief.The animals of the night stir. We will compose a custom paper on Sunset on the Sea explicitly for you for just $16.38 $13.9/page Request now Little rodents run rapidly all through the greenery. Fire red mists turn over the obscuring sky. Lightning tears through air and lights up the earth for a second, and afterward flickers out of presence. A stunning and ear-parting thunder crashes and blasts, at that point everything hushes up. The breezes stop, the waves stop, all animals stop. The sky presently goes completely dark. There is not any more light from the setting sun. At that point comes the downpour in driving and inclining sheets.

A Note About SIPAs Diversity Initiative COLUMBIA UNIVERSITY - SIPA Admissions Blog

A Note About SIPAs Diversity Initiative COLUMBIA UNIVERSITY - SIPA Admissions Blog While researching  SIPA for your graduate studies, youve probably noticed that the school is one of the most internationally-diverse institutions at Columbia University. In fact, students in the  MIA/MPA 2013 class represent  51 different countries,  and speak 41 native languages. Overall, 52 percent of the class is  represented by  international students! Thus, we truly cherish our diversity and the many unique perspectives our students, faculty, staff and alumni bring to campus. Reminding us all about the importance of inclusion, Dean Merit E. Janow released a statement about SIPAs continued efforts to foster a community that is welcoming, respectful of individual and group differences, and representative of our society: A focus on diversity is important for all schools, but it is a particular priority for SIPA because the process of designing public policy should reflect consideration for diverse segments of societies, Dean Janow said in a recent email. Earlier this year Dean Janow formed a diversity task force to support SIPA’s efforts to build an even stronger culture of inclusiveness. This diversity task force holds regular meetings and student events, including an upcoming Diversity Symposium, on November 14, 2014. Read more about the Diversity Task Forces efforts and upcoming events here: https://sipa.columbia.edu/experience-sipa/about-sipa/diversity-task-force.

What Is a Variable in Science (Types of Variables)

Variables are an important part of science projects and experiments. What is a variable? Basically, a variable is any factor that can be controlled, changed, or measured  in an experiment. Scientific experiments have several  types of variables. The independent and dependent variables are the ones usually plotted on a chart or graph, but there are other types of variables you may encounter. Types of Variables Independent VariableThe independent variable is the one condition that you change in an experiment.Example: In an experiment measuring the effect of temperature on solubility, the independent variable is temperature.Dependent VariableThe dependent variable is the variable that you measure or observe. The dependent variable gets its name because it is the factor that is dependent on the state of the independent variable.Example: In the experiment measuring the effect of temperature on solubility, solubility would be the dependent variable.Controlled VariableA controlled variable or constant variable is a variable that does not change during an experiment.Example: In the experiment measuring the effect of temperature on solubility, controlled variable could include the source of water used in the experiment, the size and type of containers used to mix chemicals, and the amount of mixing time allowed for each solution.Extraneous VariablesExtraneous variables are extra variables that may influence the outcome of an experiment  but arent taken into account during measurement. Ideally, these variables wont impact the final conclusion drawn by the experiment, but they may  introduce error  into scientific results. If you are aware of any extraneous variables, you should enter them in your lab notebook. Examples of extraneous variables include accidents, factors you either cant control or cant measure  or factors you consider unimportant. Every experiment has extraneous variables.Example: You are conducting an experiment to see which paper airplane design flies longest. You may consider the color of the paper to be an extraneous variable. You note in your lab book that different colors of papers were used. Ideally, this variable does not affect your outcome. Using Variables in Science Experiment In a science experiment, only one variable is changed (the independent variable) to test how this changes the dependent variable. The researcher may measure other factors that may either remain constant or else change during the course of the experiment, but are not believed to affect its outcome. These are controlled variables. Any other factors which might be changed if someone else conducted the experiment, but seemed unimportant, should also be noted. Also, any accidents that occur should be recorded. These are extraneous variables. Variables and Attributes In science, when a variable is studied, its attribute is recorded. A variable is a characteristic, while an attribute is its state. For example, if eye color is the variable, its attribute might be green, brown, or blue. If height is the variable, its attribute might be 5 m, 2.5 cm, or 1.22 km. Reference Earl R. Babbie, The Practice of Social Research, 12th edition, Wadsworth Publishing, 2009.

Deception Point Page 30 Free Essays

The President shook his head. â€Å"I’m afraid I didn’t make myself clear. You’ll be doing the briefing from where you are via video conference. We will write a custom essay sample on Deception Point Page 30 or any similar topic only for you Order Now † â€Å"Oh.† Rachel hesitated. â€Å"What time did you have in mind?† â€Å"Actually,† Herney said, grinning. â€Å"How about right now? Everyone is already assembled, and they’re staring at a big blank television set. They’re waiting for you.† Rachel’s body tensed. â€Å"Sir, I’m totally unprepared. I can’t possibly-â€Å" â€Å"Just tell them the truth. How hard is that?† â€Å"But-â€Å" â€Å"Rachel,† the President said, leaning toward the screen. â€Å"Remember, you compile and relay data for a living. It’s what you do. Just talk about what’s going on up there.† He reached up to flick a switch on his video transmission gear, but paused. â€Å"And I think you’ll be pleased to find I’ve set you up in a position of power.† Rachel didn’t understand what he meant, but it was too late to ask. The President threw the switch. The screen in front of Rachel went blank for a moment. When it refreshed, Rachel was staring at one of the most unnerving images she had ever seen. Directly in front of her was the White House Oval Office. It was packed. Standing room only. The entire White House staff appeared to be there. And every one of them was staring at her. Rachel now realized her view was from atop the President’s desk. Speaking from a position of power. Rachel was sweating already. From the looks on the faces of the White House staffers, they were as surprised to see Rachel as she was to see them. â€Å"Ms. Sexton?† a raspy voice called out. Rachel searched the sea of faces and found who had spoken. It was a lanky woman just now taking a seat in the front row. Marjorie Tench. The woman’s distinctive appearance was unmistakable, even in a crowd. â€Å"Thank you for joining us, Ms. Sexton,† Marjorie Tench said, sounding smug. â€Å"The President tells us you have some news?† 33 Enjoying the darkness, paleontologist Wailee Ming sat alone in quiet reflection at his private work area. His senses were alive with anticipation for tonight’s event. Soon I will be the most famous paleontologist in the world. He hoped Michael Tolland had been generous and featured Ming’s comments in the documentary. As Ming savored his impending fame, a faint vibration shuddered through the ice beneath his feet, causing him to jump up. His earthquake instinct from living in Los Angeles made him hypersensitive to even the faintest palpitations of the ground. At the moment, though, Ming felt foolish to realize the vibration was perfectly normal. It’s just ice calving, he reminded himself, exhaling. He still hadn’t gotten used to it. Every few hours, a distant explosion rumbled through the night as somewhere along the glacial frontier a huge block of ice cracked off and fell into the sea. Norah Mangor had a nice way of putting it. New icebergs being born†¦ On his feet now, Ming stretched his arms. He looked across the habisphere, and off in the distance beneath the blaze of television spotlights, he could see a celebration was getting underway. Ming was not much for parties and headed in the opposite direction across the habisphere. The labyrinth of deserted work areas now felt like a ghost town, the entire dome taking on an almost sepulchral feel. A chill seemed to have settled inside, and Ming buttoned up his long, camel-hair coat. Up ahead he saw the extraction shaft-the point from which the most magnificent fossils in all of human history had been taken. The giant metal tripod had now been stowed and the pool sat alone, surrounded by pylons like some kind of shunned pothole on a vast parking lot of ice. Ming wandered over to the pit, standing a safe distance back, peering into the two-hundred-foot-deep pool of frigid water. Soon it would refreeze, erasing all traces that anyone had ever been here. The pool of water was a beautiful sight, Ming thought. Even in the dark. Especially in the dark. Ming hesitated at the thought. Then it registered. There’s something wrong. As Ming focused more closely on the water, he felt his previous contentedness give way to a sudden whirlwind of confusion. He blinked his eyes, stared again, and then quickly turned his gaze across the dome†¦ fifty yards away toward the mass of people celebrating in the press area. He knew they could not see him way over here in the dark. I should tell someone about this, shouldn’t I? Ming looked again at the water, wondering what he would tell them. Was he seeing an optical illusion? Some kind of strange reflection? Uncertain, Ming stepped beyond the pylons and squatted down at the edge of the pit. The water level was four feet below the ice level, and he leaned down to get a better look. Yes, something was definitely strange. It was impossible to miss, and yet it had not become visible until the lights in the dome had gone out. Ming stood up. Somebody definitely needed to hear about this. He started off at a hurried pace toward the press area. Completing only a few steps, Ming slammed on the brakes. Good God! He spun back toward the hole, his eyes going wide with realization. It had just dawned on him. â€Å"Impossible!† he blurted aloud. And yet Ming knew that was the only explanation. Think, carefully, he cautioned. There must be a more reasonable rationale. But the harder Ming thought, the more convinced he was of what he was seeing. There is no other explanation! He could not believe that NASA and Corky Marlinson had somehow missed something this incredible, but Ming wasn’t complaining. This is Wailee Ming’s discovery now! Trembling with excitement, Ming ran to a nearby work area and found a beaker. All he needed was a little water sample. Nobody was going to believe this! 34 â€Å"As intelligence liaison to the White House,† Rachel Sexton was saying, trying to keep her voice from shaking as she addressed the crowd on the screen before her, â€Å"my duties include traveling to political hot spots around the globe, analyzing volatile situations, and reporting to the President and White House staff.† A bead of sweat formed just below her hairline and Rachel dabbed it away, silently cursing the President for dropping this briefing into her lap with zero warning. â€Å"Never before have my travels taken me to quite this exotic a spot.† Rachel motioned stiffly to the cramped trailer around her. â€Å"Believe it or not, I am addressing you right now from above the Arctic Circle on a sheet of ice that is over three hundred feet thick.† Rachel sensed a bewildered anticipation in the faces on the screen before her. They obviously knew they had been packed into the Oval Office for a reason, but certainly none of them imagined it would have anything to do with a development above the Arctic Circle. The sweat was beading again. Get it together, Rachel. This is what you do. â€Å"I sit before you tonight with great honor, pride, and†¦ above all, excitement.† Blank looks. Screw it, she thought, angrily wiping the sweat away. I didn’t sign up for this. Rachel knew what her mother would say if she were here now: When in doubt, just spit it out! The old Yankee proverb embodied one of her mom’s basic beliefs-that all challenges can be overcome by speaking the truth, no matter how it comes out. Taking a deep breath, Rachel sat up tall and looked straight into the camera. â€Å"Sorry, folks, if you’re wondering how I could be sweating my butt off above the Arctic Circle†¦ I’m a little nervous.† The faces before her seemed to jolt back a moment. Some uneasy laughter. â€Å"In addition,† Rachel said, â€Å"your boss gave me about ten seconds’ warning before telling me I would be facing his entire staff. This baptism by fire is not exactly what I had in mind for my first visit to the Oval Office.† How to cite Deception Point Page 30, Essay examples

Due Diligence Report on NEWCO for Entrepreneurship- myassignmenthelp

Question: Discuss about theDue Diligence Report on NEWCO for Entrepreneurship. Answer: Introduction This report basically focuses on the importance, significant and material findings of the due diligence review of the new technology product NEWCO. NEWCO is the solar powered mobile charger which is designed to charge more than six mobile phones at a time. Objective of this project is to simplify the challenges related to mobile phone charging who live in the non-electricity area in Kenya. This report focuses on the due diligence of this project and reviews the strengths and weaknesses of the business model of NEWCO in the investors perspective. It is well known that the project NEWCO is new in the market and for the growth and success; there is the need of investment of fund in the market (Hoskisson, 2009). With the due diligence, investors would be able to analyze and review the strengths and weaknesses of this project. Along with this, they would be able to evaluate that the project is profitable for them or not. Due diligence is the management review of the investors for the spec ific company and project. Management team of the project is the crucial aspect of the evaluation of the business project. With the process of due diligence, aim of the investors is to evaluate the project to ensure that the project would be successful or not (Burns, 2014). Statement In case of the project NEWCO, due diligence is done in the investors perspective. The process of due diligence is best when it is assumed from the perspective of an investor. An investor always seeks for some return on the investment while investing in the any business or project. If the new product is developed inside the company, it is crucial to view each idea as the new business. Due diligence from the investors perspectives is helpful in identifying the problem with the product, resources to launch and develop the product and profit in order to sustain the business. With the help of due diligence, investor would identify the possibilities of profit and warrant the investment (Mouncey Baker, 2009). Strength and weakness of NewCo Business plan Strengths There are some strengths of the business plan of NEWCO. With the business model, company is able to have knowledge and broad expertise about the local market. NEWCO would be able to enjoy the economies of scale with bulk manufacturing. Business model of NEWCO is helpful in establishing effective partnership with other firms; it would be able to get freedom to operate in the market. Further, with the help of proper business model, sales agents would have compensation structure with the commission so that higher sales volumes can be drive. Business model includes proper interaction with the customers to enhance the sales volume which would improve language capabilities of the direct sales agents. Further, business also includes various strategies to improve the business and provide many ideas to facilitate timely sales. The business model of NEWCO describes the process of product design that is very easy to move and portable. So the business model has ability to describe the product ef fectively among the customers (Gavrrilova, 2014). Weakness Despite of various strengths, there are various weaknesses in the business model of NEWCO which must be addressed on the priority basis. With the given business model, it is observed that there is the lack of intellectual property right protection for NEWCO which can impact the business and create various risks for the future. Business model does not focus on the various ways of protection and risk management factors. Further, effective transport management is lacking the business model as lots of transportation is involved to distribute the finished products. Along with this, this business model does not focus on the strategies to improve the brand image so it seems that there is the lack of brand equity at the initial stage. Further, NEWCO has limited budget and fund. Business model is weak at this point. Proposals to improve business plan This business plan is for NEWCO project which includes new methods for mobile charging. This new project provides such system by which people can charge six mobile phones at one time. It is observed that around 75% of people in Kenya live in the rural areas and most of which are un-electrified. So, people have to face challenges to charge their mobile phones. NEWCO has come with the new concept (Mason, 2015). Although this system is totally new in the market and it is important for the project to focus on the business plan. Basic objective of the business plan of NEWCO is to provide custom solution to the people who are facing charging issues in the rural areas. Along with this, aim of the project is to enhance the efficiency of the customers and establishing long term relationships with the stakeholders. By analyzing the business model of the project, it is observed that there are some areas which must be improved from the perspective of the investors so that more and more profit ca n be generated (Lymbersky, 2009). Technology It is well known that NEWCO is providing new technology of mobile charging. In Kenya, many people are living in the un-electrified rural areas and they gave to deal with the challenges to charge their mobiles. Mobile phones are important for the people in current time and they have only device to stay connected with the world. Most of the people are farmers in Kenya and by the mobile phones; they are able to call various suppliers and customers for their products. But for them, there is no easy way to charge their phones as there is the issue of electricity. NEWCO has aim to deal with this issue by providing mobile phone charging facility in the rural areas. This is a new technology for the people who are living in the rural areas. NEWCO is the electric device so; there is the need of security and safety that must be provided to the customers (Teece, 2010). Different forms of protection It is observed that NEWCO is the new system of mobile charging. So, there are the possibilities that people are not much aware about this. It is the responsibility of the project and team members to provide safe and secured product so that that they feel free in purchasing the charging systems. For this manner, management team can adopt some forms of protection in the product. Intellectual property protection There are basically four types of Intellectual property protection for the for the technology products i.e. trade secrets, patents, trademarks and software copyright. NEWCO can apply for the patent and trademark protection. Further, there are no formal registration processes for the trade secrets as every company uses different strategy for the trade secret protection. Holding patent and other rights, NEWCO would be able to provide moir profit to the investors. NEWCO can license its patents to generate more revenue. Freedom to operate When a company is planning to launch new products, it has to analyze the market as it would get freedom o operate in the market or not. In case of NEWCO, it is observed that in the rural areas of Kenya there is the lack of electricity. People have to deal with the challenges to charge their mobile phones. This shows that no one company has come up with such kind of project. So, it is assumed that the project NEWCO would get success in the Kenyas rural market. The team members have to analyze the competitors in the market who have same patent to operate the business. The entrepreneur will get freedom to operate in the Kenya market as there are small numbers of competitors. Team members of the project would be prepare if there are any new competitors (Filet, 2013). Protection strategy By analyzing the financial plan of NEWCO, it is observed that the business of NEWCO is quite attractive and started with the low sales volume. But, there is the possibility that the business will make loss in the long run. The reason is that in the first year, the business is very challenging in terms of new geography and setting up new strategy would be difficult for the project team members. There are depreciation and income tax charges that are challenges for the small business in Kenya. So, in the first year, business does not have sufficient fund to implement protection strategies effectively (Seshadri, 2009). Value chain Creating a strong value proposition means to be better than competitors and being more successful in the market. NEWCO is very innovative product which would provide values to the customers. This product is convenient, meets the lack of current market and easy to use by the customers. The product will make the life of customers easier by not having worry about the battery of their mobile phones. The strategy of NEWCO is to focus on the ease of the buying process of the final consumers (Payne Holt, 2008). The target customers and end users for NEWCO are people aged 20 to 35 with the middle income and interested in the innovations. Since the product offers the solar power to charge the mobile phone. This will eliminate the use of electric charges and risk of dead phone. It will create great convenience to the customers and mobile phone users so that they will no longer have to worry about charging the phone all the time. There are many rural areas in Kenya with no connection of the el ectricity grid or expensive or unreliable power access. This little solar power gadget is proving to be innovative (Joshi, 2009). Business model Pricing model For the product NEWCO, company would use cost-based pricing strategy that would include designing of the product and then setting the prices based o costs. After analyzing various costs that will be applied to the product and achieving a markup, the price of a product will be decided. The unit price will decrease as the variable costs will be decreased. So, the prices for the NEWCO will be affordable for every customer so they can purchase the product easily (Marcer, 2012). Growth strategy Mobile phones are responsible for the huge electricity consumption. Solar mobile phone chargers can be helpful to decrease this consumption. The development of NEWCO will increase the use of mobile phones and make the phone accessible for the poorer people in all over the world. So, team would adopt proper growth strategy for the success of the new product in the market. With proper pricing and positioning strategy, the solar mobile charger would be able to reach various customers in rural areas who have no access of electricity. The solar power mobile charger is the growing consumer demand for the environmental sustainability. Along with this, solar power is the infinite resource and that will continue to advance in the effectiveness and efficiency. So for the investors, it is worthy investment as it will continue to improve over the time (Farahmand, 2011). Market Market size The market for NEWCO is horizontal and there are wide ranges of opportunities in the market of Kenya. For the product NEWCO, entrepreneurs are focusing on the country Kenya and the country has population of nearly 30 million residents. It is observed that over 19 million people in this population are using mobile phones. Along with this, around 12.5 million mobile users are living in the rural areas which are un-electrified area. Along with this, it is also assumed that the demand for NEWCO will increase in future and take off at a fast pace. Mobile phone industry is one of the fastest growing industries in the world. The global mobile industry is now most fastest and vibrant industry in all over the world. The demand of NEWCO will increase as they are simple to use, affordable for the people and saves time. In the scarcity of electricity, there is the need of the solar mobile charger that can charge every mobile phone (Fifield, 2012). Use of mobile phones is increasing day by day and for the people living in the rural areas, mobile phones are only medium to stay connected with the world. But in those areas, electricity is always a problem and it is becoming a serious issue for people to keep their phones charge. In order to solve this issue, NEWCO is launched that will eliminate the use of electric chargers and provides more convenient way to charge the phones with the environment friendly way. Market segmentation Geographic The geographic factors include the area where the product is launched. NEWCO would be effectively offered in the rural and urban areas of Kenya. The reason is that there is the issue of electricity. There are around 12.5 million customers who are living in the rural areas of Kenya. It is true that the solar panel work better when sun shines. But, team has to make the people understand that solar panel can also work also without bright sun. Solar panels catch the solar beams by the clouds and they are able to change the rays in to the electricity in the cloudy weather conditions. Solar mobile charger can be very useful in the rural and urban areas where the supply of electricity is unpredictable or power grid is unreliable. Many experts have recommended that solar powered mobile chargers will be most successful in the rural area of Kenya. The chargers would come up with the reasonable prices which would be more affordable for the people who are living in the rural areas (Glowik Smycz ek, 2011). Demographic The most important demographic criteria include income, age, occupation and education. For the product NEWCO, people will be targeted with the average age of 20 to 46 years. The reason is that these target customers are willing to adopt new and innovative products. in the rural areas, most of the people are farmers so, for NEWCO, middle income level customers will be targeted. Behavioral factors The intentions and interest of the people are continuously increasing towards the sustainable technology. The product NEWCO will provide a convenience to the customers to charge the mobile phones by the solar power charger. The perceived vale and versatility of the product has ability to achieve mass appeal of the market. The attitudes of solar charger NEWCO wants to improve positive and sustainable solutions for all the mobile users (Schnaars, 2010). Analysis of market timings For the success of the product, it is important to focus on the market entry timing. For NEWCO, any time would be suitable to enter in the rural market of Kenya as the issue of electricity is permanent there. Along with this, there is no such competitor there which is providing this type of technology. So, NEWCO has advantage in this manner and it can enter in the market at any time (Lee, 2009). Team For the manufacturing of NEWCO, the design and engineering team is based on the county UK. There are skillful and talented people who are employed to sustain competitive advantage in terms of design innovations, cost efficiency and product. For designing the product NEWCO, it is important to have full time resource by recruiting designers and engineers. After spending budget on 2nd and 3rd year with the design and engineering process, freelancers will be recruited as company is going to redesign the model so that cost reduction can be achieved. Further, there is the sales and marketing team and various managers are recruited in Kenya for the marketing purpose. The marketing team is accountable for the marketing processes and ensures the effective and efficient sales drive and manages the sales force. Along with this, there is the fulltime staff also to manage the internal operations in the business (Drummond, Ensor Ashford, 2012). Financial In the financial part of NEWCO, it is observed that the financial part is divided for the various departments. The fund is distributed for the each business operation i.e. human resource, sales and marketing, product manufacturing and infrastructure and operations. These all expenses come under the fixed cost. It is analyzed that company has effectively distributed the fund into each departments. The upfront investment by the firm would build branding awareness. Firm has focused on the cost plus pricing analysis to analyze various costs in starting. The total cost per unit is decreasing due to decreased sales volume. NEWCO is new in the technology industry and it is assumed that the firm will meet the breakeven point in the second year. The balance sheet of the firm includes credit amounts and terms of suppliers in inventory as the short term liabilities (Toor Dhir, 2011). Firm has GAP model for the effective financial operations. Based on the cost analysis, firm has five year finan cial plan. It is observed that with the increase of the products, the fixed cost over the previous year would also will reduce dramatically because of the higher volume of product sold. Based on these assumptions, it is observed that the financial plan for NEWCO is realistic for the investors and they will gain good returns within next five years (Gruca Rego, 2009). Conclusion Due diligence is the process to review the business plan of a product or new project. For NEWCO, this report describes the due diligence of business model and analyzes whether it is profitable or not. Based on the above discussion, it is observed by the business model of NEWCO that this is the new project for those people who live in the rural areas of Kenya. People have to face challenges to charge their mobile phones due to the unreliability of electricity. Although the business model of NEWCO is quite impressive from the investors perspectives but there is the need to improve the model in terms of some factors. Based on the analysis and review, it is analyzed that this new project will be profitable for the investors but they will get the returns from the second year after the sale of the products. References Burns, P. (2014), New venture creation: a framework for entrepreneurial start-ups, USA: Palgrave Macmillan Drummond, G., Ensor, J. Ashford, R., (2012), Strategic Marketing: Planning and Control, (4th) London: Palgrave Macmillan Farahmand, N. F., (2011), Organizational marketing planning by management educated managers, African Journal of Marketing Management, 3(8), pp. 178-187 Fifield, P., (2012), Marketing strategy, (2nd), Berlin: Reed educational publishing Pvt Ltd Filet, E., (2013), Conceptualising Business Models: Definitions, Frameworks and Classifications: Journal of Business Models, 1 (1), 85-105. Gavrrilova, T., (2014), Modern Notation of Business Models: Visual Trend: Foresight-Russia. 8 (2). 567 Glowik, M. Smyczek, S., (2011), International Marketing Management: Strategies, Concepts and Cases in Europe, Page 301, (4th), New York: Physica-Verlag Gruca, T. S. Rego, L. L., (2009), Customer Satisfaction, Cash Flow and Shareholder Value, Journal of Marketing, 69, 11530 Hoskisson, R., (2009), Business strategy: theory and cases. (6th), UK: John Murray Joshi, A. W., (2009), Continuous supplier performance improvement: Effects of collaborative communication and control: Journal of Marketing, 73(1), 133150 Lee, G. K., (2009), Relevance of organizational capabilities and its dynamics: What to learn from entrants product portfolios about the determinants of entry timing? Strategic Management Journal, 29, 12571280 Lymbersky, C. (2009), Market Entry Strategies: Text, Cases and Readings in Market Entry Management, (5th) Australia: Christoph Lymbersky Marcer, D., (2012), Marketing strategy: the challenge of the external environment. (5th) London, Washington: Sage Publications Mason, H., (2015), Trend-Driven Innovation: Beat Accelerating Customer Expectations. John Wiley Sons Mouncey, P. Baker, S., (2009), The market researcher's manifesto. International Journal of Market Research, 45 (4), 415433 Payne, A., Holt, S., (2008), Diagnosing Customer Value: Integrating the Value Process and Relationship Marketing: British Journal of Management, 12 (2), pp 159 182 Schnaars, S., (2010), Marketing strategy: a customer-driven approach, (5th) Huntington, New York: Free Press Seshadri, S., (2009), Sourcing strategy: principles, policy, and designs, India: PHI Learning Pvt. Ltd Teece, D. J., (2010), Business Models, Business Strategy and Innovation. Long Range Planning, 43, 172-194 Toor, T. P. Dhir, T. (2011), Benefits of integrated business planning, forecasting, and process management: Business Strategy Series, 275-288

Why You Should Go to #WCEU 2018 21 WordCamp-ers From Around the World Share Their Best #WCEU Experience

Have you ever wondered if its worth it to get out of your comfy home and head to WordCamp Europe? As regular attendees, weve been doing our best to spread the WordCamp Europe gospel with our recaps and interviews.But maybe our enthusiasm hasnt been enough to get you to buy your ticket. So we brought in backup! We asked 21 WordCamp Europe attendees for their best #WCEU experiences. Now, were going to share their responses with you.As youll see in a second, most of their experiences involve the awesome people they met and connections they made. After reading these stories, hopefully youll be one of those people in 2018. Bridget Willard: Attending WCEU last year in Paris was a huge step of courage for me personally and professionally. It was my first time leading a large-scale Contributor Day for the Marketing Team and my first international flight ever. And I went alone. As you know, with the WordPress Community, youre never quite alone. I was able to meet many folks who had been on the Marketing Team like Nagesh and Anil from India and I found a new best friend in Yvette Sonneveld, who is now a Marketing Team Rep.Not only that but I solidified relationships I had with my fellow Marketing Team Reps like Dwayne McDaniel and my best friend Jen Miller, both of whom spoke last year. I am looking forward to WCEU with great delight this year as Ive been learning Serbian and just booked my flight. Dovidjenja, WCEU.Alex Denning: The community! I love the extended opportunity to connect with the people I get to know remotely. Contributor days are the best manifestation of this: you get to work in the same place, on the same things, as some of the smartest and kindest people in the community 🙂Peter NemÄ ok: I think the best experience for me is meeting new people and getting to know them a little bit.Milana Cap: For me its very simple. Hugs! WordCamp Europe is large enough so that you can see all your WordPress friends from around the world people youve been online chatting and collaborating with for a whole year, people you still havent met, people you learn from.. And you get to hug em all. No matter how shy or introvert you are, youll take those hugs and return the following year for more. Hug you in Belgrade 😀Marius Vetrici: WordCamp Europe has always been the place for me to feel the community, to understand the power behind WordPress ecosystem and to reconnect to the latest trends and technology. Now, if I have to mention the number one experience, I would refer to the Community workshop at WordCamp Europe back in Sofia. That was the moment when I and a bunch of volunteers got the inspiration to start a local WordPress Meetup.Ever since, our Bucharest WordPress Meetup @wprobu has grown into a community with more than 1100 members and close to 40 monthly meetings at the time of writing. And thats very fulfilling, to know that you are paying it forward so that they could reap the benefits of WordPress as well, for their own good and for the good of the others.Caspar Hà ¼binger: My best experience at WCEU is always the same one: Its the one event throughout the year where I finally get to meet all the people Id love to meet at least once a month.Ivana Ćirković: The very best experience I take out of every WordCamp Europe is the people I meet and knowledge I gather throughout those 4-5 days. All that great energy that is around us, that positive vibe we share, as well as all the valuable information and connections with people. No matter if youre a volunteer, an attendee or a speaker each and every one gets to experience the openness of the event and WordPress community. It indeed is one of a kind event that welcomes everyone, which is why I warmly recommend to you to experience it, priceless!Marcel Bootsman: Since I was asked to join the organizing team for the first WordCamp Europe in Leiden, in 2013, I have met a lot of inspiring people, I have expanded my comfort zone and got to know more a bout the WordPress Community.The best experience I had was at WordCamp Europe 2013 in Leiden, where the team of remote organizers met, some for the first time, and it felt like we already knew each other for years. This has laid the base for me to do more community tasks, and I still enjoy that and I hope the community does too 🙂Nagesh Pai: The best experience I had at WordCamp Europe was being in the company of a community that has had such a positive impact on the world at large. It was good to meet them in person. The best feeling I remember is where I found myself as a global citizen among everyone, welcomed by all as though it was a large family without any boundaries of country, caste, religion or race. It was an awesome feeling indeed!Mathieu Sarrasin: From my experience so far, my take on how to have the greatest time at a WordCamp is to be a volunteer if not an organiser or speaker. This is how you get the closest to the heart of the event by being part of it and get to meet even more awesome people. The other volunteers, the organizers, the speakers, and even the attendees and sponsors become easier to approach when youre part of the team.WordCamp is not just about WordPress and talks, but it is first and foremost about the great people you meet and the awesome connections you make. I have an encouragement to everyone: Join the #WordPress community. Come for the software, stay for the people.Another quick tip is, if at all possible, arrange to arrive early (like a day or two prior to the actual event date) and leave late. Great times happen not only during the event, but also around it during informal gatherings and diners and at pubs and co-working spaces and of course you wouldnt want to miss the after party!Jenny Beaumont: Every year has had something new and wonderful to offer me since the very first event in Leiden back in 2013. The best experience has been becoming a part of it all, from attending, to speaking, to MCing and now to or ganizing for three years in a row.Taco Verdonschot: WordCamp Europe in Leiden in 2013 was my very first introduction to the WordPress community. In just three days, I met so many people, made friends for life and fell in love with the WP community. I had never before felt this welcome in any community. And to this day, my work as a community manager at Yoast is inspired by that experience.Sonja Leix: My favorite thing about organizing WordCamp Europe is, seeing our hard work pay off when it all comes together. You can feel the atmosphere and vibrancy of the community grow each year and were here to help provide the space for it.Michael Burridge: The first time that I experienced the energy, the vibrancy, and the buzz of WordCamp Europe was as an attendee at the 2016 event in Vienna. I immediately felt that I belonged and that these were my people. The wealth of knowledge and experience that was so readily and freely offered blew me away. This experience was reinforced the following year in Paris. Im delighted to be part of this amazing and friendly community and feel privileged that Im able to contribute a little to help organise the 2018 event in Belgrade.Lucijan Blagonic: The first WordCamp I visited was WordCamp Europe 2013 and it was a turning point for me. It helped me to better understand the core values of our open–source community and empowered me to start giving something back as well, by volunteering, speaking and even organizing these great events.Jen Miller: My best experience at WordCamp Europe revolves around the people. Last year I had the opportunity to speak at WCEU. It can be a bit intimidating to step on a large stage in front of a worldwide audience, however the organizing team and international community was extremely supportive and welcoming. I made quite a few friends and solidified business relationships from many countries through my attendance too. As founder of Women Who WP, I was amazed and inspired by the enthusiasm and cama raderie of the women I met and the community at large. Plus, sharing delicious meals and adventures with friends in the WordPress community is always a joy. Have you heard about their after party?I volunteer as a marketing rep on make.wordpress.org and look forward to attending Contributor Day at WCEU. Working together, across language and cultural barriers, in the common cause of WordPress at these events has enhanced my global perspective. I am grateful for every opportunity I have to work with this inclusive, supportive, international tech community. Attending WCEU furthered my ability to see the larger open source picture, which stretches beyond code and content, and taught me how I can better contribute, as well.Emanuel Blagonic: The best experience is the WordCamp Europe itself. WordCamp Europe sparked so many new communities all over Europe and this is simply amazing. And being part of the organizing team is just a bonus as you get to work with some of the most talented peopl e in the community – and this changes every year as new people come aboard. I can say that I learned so much being part of the team, not only professionally but personally too – as I found some very good (new) friends along the way.Letizia Barbi: I have attended the first WCEU in 2014, almost by chance. After that experience I immediately wanted to do my best to be part of the organising team, to make this event every year more special. Being part of WCEU is a great opportunity to learn, to grow (personally and professionally) and to be close to some amazing people!Luca Sartoni: I have been part of this project since the very beginning in Leiden in 2013. It helped me to become a better professional, a better member of the WordPress community, and overall, a better person. We have the chance to meet all the people our ecosystem impacts and we can help them to achieve their goals. Its a great experience for sure!Tess Coughlan-Allen: A particular experience that stood out to me was during a talk at WCEU 2017 in Paris when I realised just how much I was learning. The programme catered for everyone, it felt totally inclusive and I knew at that point I wanted to be a part of the organising team. It wasnt just during the talks when I learned from others, though. The people I met at WordCamp Europe were thoughtful, honest and open to sharing their experiences. Its a whirlpool of knowledge and its not one to miss.Alexandru PÄÆ'duraru: At first, I was a little bit reserved before participating, as our main products are not part of the WordPress space. So I told myself OK, lets go and see what people are doing there, maybe I can learn some new things and also can share my business knowledge.The overall experience turned out to be awesome. I thought most of the presentations would be 100% WordPress but it wasnt like that. Ive learned a lot of new things (from doing better customer support to optimising the working flows in a business), got some great books recommendations, and met a lot of interesting people. For someone who is outside of the WordPress world, this was a great experience and I will definitely participate again in the future. That sums up our #WCEU community roundup. After hearing these first-hand stories, we hope youre fired up to attend the next WordCamp in your area.And if youre already a regular attendee, wed love to hear about your own experience at WordCamp Europe throughout the years. Is there something memorable that youve been part of? If yes, please share it with us in the comments section below.You might also be interested in our post-event reports from the last two WordCamps: WCEU 2017 and WCEU 2016. If you want even more stories, here  is how the whole WCEU experience is seen through a volunteers eyes.See you in Belgrade!  Ã°Å¸ ¤â€œ Why you should go to #WCEU 2018. 21 attendees share their best #WordCamp Europe experiences...