Marketing & Entrepreneuriship Essay Example | Topics and Well Written Essays - 3000 words - 1

Marketing & Entrepreneuriship - Essay Example In order to critically evaluate the factors which determine entrepreneurial success, it is imperative to begin by explaining the meaning of entrepreneurship in order to gain a clear understanding of the whole concept. Entrepreneurship is loosely defined as the emergence and growth of new businesses. Timmons believes that entrepreneurship is the process of creating or seizing an opportunity and pursuing it regardless of the resources currently controlled. Small to medium businesses are the dominant forms of business developed by entrepreneurs in the economy and is going to be discussed below, the success of this kind of business can be attributed to many factors. For instance, venturing into a mobile business which offers fast foods is a good example of entrepreneurship given that an entrepreneur can capitalize on the opportunity of satisfying the needs of the customers who do not wish to visit restaurants. However, it is not an easy feat to successfully operate in this venture withou t taking into consideration some of the following factors. Creativity and innovation are the major factors that can lead to the success of small business. Creativity can involve the adjustment or refinement of existing procedures or products, the identification of opportunities and the identification of solutions to problems. Basically, creativity involves new ideas and every person who establishes an enterprise, adds value and strives to ensure that the enterprise continues to exist and this person is involved in economic creation.

Constitutional law Essay Example | Topics and Well Written Essays - 2000 words

Constitutional law - Essay Example It does not establish nor constitute the system of government. It does not involve constituent power. Its form of law is not superior to other laws; and it is not entrenched. All these characteristics are an integral part of a written constitution. One of the major differences of the British constitution from that of other countries is that it is not composed, written or set out in any single document like for example, that of the United States of America. Rather, it is made up of statute law, common law and conventions. Thomas Payne stated that the United Kingdom does not have a constitution. Against this background one can agree with Payne in saying that the United Kingdom does not have a constitution because there is no official written document. Since the United Kingdom does not have a written constitution there are several elements that are lacking which would give the people more autonomy. Amendments cannot be made to a constitution if there are no written documents to refer to. Even if amendments are attempted at times these are not seen as having far reaching effects because they are not legally binding. The United Kingdom is not seen as having a constitution because having a constitution hinges on the rights of the people. One of the earliest documents to form a central element of the constitution, the Magna Carta, was drawn up by the rich landowners so the rights of the common man were not provided for. It would therefore seem more difficult for the common man to clarify his rights and protect himself against the state. The Justice Secretary Jack Straw in a visit to Washington of February 2008 commented well on the British Constitution when he said that, "Most people might struggle to put their finger on where their rights are." It is difficult sometimes to know what the constitution really say because of the many