Business ventures

A trade secret owner may also beneficially exploit the trade secret through licensing, sales, or various other business ventures based on the confidential information. Such cooperative ventures often raise other issues. Exploitation of trade secret information may also occur through the unintended disclosure of this information to the pubHc. Generally, the people who learn of trade secret information tend to be the trade secret owner s employees, customers, Hcensees, suppHers, and joint venture partners. 

Excessive involvement in activities that are pleasurable but have a high risk for serious consequences (buying sprees, sexual indiscretions, poor judgment in business ventures)... 

Brewer, P. Chandra, G. 1999. Economic value added (EVA) its uses and limitations. SAM Advanced Management Journal, 64(2) 4-11. Delmar, E, Davidsson, P., Gartner, W. 2003. Arriving at the high-growth fLrm. Journal of Business Venturing, 19 189-216. 

Deknar, R, Davidsson, R, Gartner, W. B. 2003. Arriving at the high-growth firm./owrtM/ of Business Venturing, 18 189-216. 

Kaish, S. 8c Gilad, B. 1991. Characteristics of opportunities search of entrepreneurs versus executives - sources, interests, general alertness. Journal of Business Venturing, 6 45-61. 

Hambrick, D. C. Crozier, L. M. 1985. Stumblers and stars in the management of rapid growth. Journal of Business Venturing, 1(1) 31-45. 

Recently, the issue of whether or not Polo actually made the journey to China has come under question (Wood, 1996). Be that as it may, it is interesting that Polo could have heard about the Baku petroleum operations from his faraway Venice. Or perhaps he heard the story from his father and uncle who, in turn, had heard it during a business venture to the port of Sudak (Solaia) that lay just east of Sevastopol on the northern peninsula of the Black sea. Or Polo may have heard the story personally since it is believed that he accompanied his father and uncle on at least one of their Crimean ventures. In either case, the petroleum industry in Baku seems to have been sufficiently known by merchants in the Crimea or the products of the industry were shipped to Constantinople for sale. 

For any value-added pharmacy service to be viable, there must be a sufficiently large number of consumers in the market who may be willing to purchase the service. Investing too many resources into a service that benefits a small number of consumers ultimately will lead to the demise of any business venture. Several sources can be used to determine the size of a market for a professional service. The easiest place for a business planner to start is to review a pharmacy s patient profiles, purchasing and financial records, and other internal data. Knowing how many prescriptions are filled for different classes of medications will help the planner to determine which conditions are the most prevalent among the pharmacy s patients. The only downfall of this method is that the information is limited to the pharmacy s current clientele. Many pharmacies would like to provide value-added pharmacy services that attract new patients. 

Risks are associated with negative outcomes. A risk is anything that threatens the ability of a person or organization to accomplish its mission. To fully understand risk in one s life or business venture, one must realize that there are several factors related to defining a risk as... 

Determine the Business Structure of the Pharmacy A decision regarding the legal structure of the pharmacy must be made fairly early in the business development phase. Deciding on the legal structure of the pharmacy is critical to the overall success of the business. Each business venture is unique, and there is no one single ownership structure that suits every situation. The prospective owner should consult with an accountant... 

Financial needs Every business has financial needs. These needs vary with the type and individualistic nature of each business. A pharmacy located in an urban area will have different financial needs than one located in a rural area. The buyer must understand the needs of the business venture. These financial needs refer to capital. Capital is wealth, in the form of cash, equipment, property, or a combination of these factors, that can be used in the production or creation of income (Kelly, 1996). 

Product superiority may be overestimated and may not represent actual grower need. New practices or programs may require development for product acceptance by the grower (5). Success in the laboratory and the research plot is one thing - but unless someone buys the concept, a business venture can fail because estimates of cost-benefits are not valid. 

Stringent regulations for registration will continue to impact business ventures with PGR compounds. 

Entergy is the second largest nuclear owner/operator in the United States with five nuclear units in the south operating under a cost of service structure and an additional six units in the Northeast and Midwest operating as merchant generating facilities. As a major nuclear operator in the merchant sector, Entergy wears the risk of nuclear operations - revenues are directly dependent upon operational performance. Our investment in merchant nuclear operations reflects our belief that use of nuclear energy in the competitive merchant environment can be an economically viable business venture. 

An alternative to carrying out the more speculative business orientated research within the Corporate R D is to set up new business venture groups. 

R d (big R and little d) is product or process research with development only to the level of feasibility studies. Characteristically this work leads to new business ventures. 

Sometimes it is apparent that opportunities arising from the results of R D work, especially those related to new business ventures or from research of a more strategic nature cannot be exploited effectively by the company on its own. In these cases it may be that the innovation can be introduced to the market by jointly working with another partner. This is the joint venture route to exploitation. Having the right partner is of crucial importance, the wrong choice being the cause of most failures in joint ventures. 

The final measure of merit of a given process is the profitability of the business venture required for its implementation. The purpose of the ASPEN Cost Estimation and Economic Evaluation System is to calculate the profitability of the simulated process. This requires calculation of the total required capital investment and the annual operating expenses. 

In industrial operations, it is often possible to produce equivalent products in different ways. Although the physical results may be approximately the same, the capital required and the expenses involved can vary considerably depending on the particular method chosen. Similarly, alternative methods involving varying capital and expenses can often be used to carry out other types of business ventures. It may be necessary, therefore, not only to decide if a given business venture would be profitable, but also to decide which of several possible methods would be the most desirable. 

Like his ancestor Friedrich, George launched his business venture right at a cultural turning point. America was leaping into the industrial age. Just before George Merck... 

Bernstein, D., ed.. Cooperative Business Ventures Between U.S. Companies and Russian Defense Enterprises, Stanford, Calif Stanford University, The Center for International Security and Arms Control, 1997. 

Therefore, a basic understanding of accounting concepts is essential for the operation of all pharmaceutical organizations, from neighborhood pharmacies to chain pharmacies and international pharmaceutical corporations. Accounting skills and knowledge are not only assets for pharmacy management, but also contribute to the overall success of pharmaceutical business ventures. 

Sykes, H. B., and D. Dunham. "Critical Assumption Planning A Practical Tool for Managing Business Development Risk." Journal of Business Venturing 10,... 

Zhao, L. and Aram, J.D., 1995, Networking and growth of young technology-intensive ventures in China, Journal of Business Venturing, 10(5) 349-371. 

Sometimes, however, despite the most stringent economic, social, and political regulations imposed on the native peoples of another country, business ventures failed. Such was the case with the British East India Company. The problem was not that the company did not make money - its profits were enormous. But many of the company s top executives were not adverse to pocketing a little extra money at the company s expense. Consequently, while the fortunes of the company s managers skyrocketed, the profits of the company and its stockholders plummeted. By 1770, the finances of the British East India Company were in such a dismal state that it was forced to ask Parliament for a loan so that it could avoid bankruptcy. 

Account manager HMO Managing each business ventures MBA... 

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