Leadership Subject Minicase Richard Branson Shoots For The Moon End Of Chapter 1

Leadership subject:     Minicase: Richard Branson Shoots for the Moon (End of Chapter 1)

The Virgin Group is the umbrella for a variety of business ventures ranging from air travel to entertainment. With close to 200 companies in over 30 countries, it is one of the largest companies in the world. At the head of this huge organization is Richard Branson. Branson founded Virgin over 30 years ago and has built the organization from a small student magazine to the multibillion-dollar enterprise it is today.

Branson is not your typical CEO. Branson’s dyslexia made school a struggle and sabotaged his performance on standard IQ tests. His teachers and tests had no way of measuring his greatest strengths—his uncanny knack for uncovering lucrative business ideas and his ability to energize the ambitions of others so that they, like he, could rise to the level of their dreams.

Richard Branson’s true talents began to show themselves in his late teens. As a student at Stowe School in England in 1968, Branson decided to start his own magazine, Student. Branson was inspired by the student activism on his campus in the 1960s and decided to try something different. Student differed from most college newspapers or magazines; it focused on the students and their interests. Branson sold advertising to major corporations to support his magazine. He included articles by ministers of Parliament, rock stars, intellectuals, and celebrities. Student grew to become a commercial success.

In 1970 Branson saw an opportunity for Student to offer records cheaply by running ads for mail-order delivery. The subscribers to Student flooded the magazine with so many orders that his spin-off discount music venture proved more lucrative than the magazine subscriptions. Branson recruited the staff of Student for his discount music business. He built a small recording studio and signed his first artist. Mike Oldfield recorded “Tubular Bells” at Virgin in 1973; the album sold 5 million copies, and Virgin Records and the Virgin brand name were born. Branson has gone on to start his own airline (Virgin Atlantic Airlines was launched in 1984), build hotels (Virgin Hotels started in 1988), get into the personal finance business (Virgin Direct Personal Finance Services was launched in 1995), and even enter the cola wars (Virgin Cola was introduced in 1994). And those are just a few highlights of the Virgin Group—all this while Branson has attempted to break world speed records for crossing the Atlantic Ocean by boat and by hot air balloon.

As you might guess, Branson’s approach is nontraditional—he has no giant corporate office or staff and few if any board meetings. Instead he keeps each enterprise small and relies on his skills of empowering people’s ideas to fuel success. When a flight attendant from Virgin Airlines approached him with her vision of a wedding business, Richard told her to go do it. He even put on a wedding dress himself to help launch the publicity. Virgin Brides was born. Branson relies heavily on the creativity of his staff; he is more a supporter of new ideas than a creator of them. He encourages searches for new business ideas everywhere he goes and even has a spot on the Virgin website called “Got a Big Idea?”

In December 1999 Richard Branson was awarded a knighthood in the Queen’s Millennium New Year Honours List for “services to entrepreneurship.” What’s next on Branson’s list? It’s Virgin Galactic, Branson’s company designed in part to make space tourism available to private citizens. And as a step toward that end, he has said he hopes to fly in space himself in 2018. The first passengers will be Branson himself and his two adult sons; you can take a later flight yourself for a mere $200,000 for a two-hour trip. Not everyone is convinced that space tourism can become a full-fledged part of the travel industry, but with Branson behind the idea it just might fly.

  1. Would you classify Richard Branson as a manager or a leader? What qualities distinguish him as one or the other?

  2. As mentioned earlier in this chapter, followers are part of the leadership process. Describe the relationship between Branson and his followers.

  3. Identify the myths of leadership development that Richard Branson’s success helps to disprove (Hughes, 20180, pp. 33-35).

Reference:

Hughes, R. (20180313). Leadership: Enhancing the Lessons of Experience, 9th Edition [VitalSource Bookshelf version]. Retrieved from https://bookshelf.vitalsource.com/books/9781260167702

 
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Leadership Blog 10

DUE: September 10, 2017 @ 10AM EST.

Scenario: You are the CEO of MegaGlobe Business Solutions, a financial consulting corporation based in Chicago that has just recently opened new offices in São Paulo, Brazil and Shenzhen, Guangdong, China. As part of this transition, your employees will now be working collaboratively with employees at these locations to provide financial consulting services in these new markets. To assist with the transition, you will develop an internal leadership blog for your employees that addresses the implications of leading within a culturally-diverse and changing global business environment. This blog should focus on the need to positively adapt to a variety of leadership styles and individual differences within these cultures.

View the videos listed in this week’s classroom materials for ideas about how to effectively lead, motivate, and communicate with your employees about the need to adapt within this changing business environment.

Write a minimum 350-word internal leadership blog using the attached Leadership Blog template, and include the following:

  • Explain the implications of leading within a changing global business environment.
  • Describe the Team Leadership Model and how this relates to your current business practices.
  • Outline positive aspects of gender, diversity, culture, and teamwork that can improve overall business performance.
  • Apply principles of motivational leadership within a variety of diverse cultures.
  • Use at least one image, photo, chart, or graph to deliver a key concept within your blog.

Cite: Cite at least 1 reference.

Format your assignment consistent with APA guidelines.

 
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Learning About Cookies As Spyware Research What Kind Of Information Cookies Stor

Learning About Cookies as Spyware.

Research what kind of information cookies store. You might find the following  websites helpful:

  • www.allaboutcookies.org/
  • www.howstuffworks.com/cookie1.htm

Using WORD, write an ORIGINAL brief essay of 300 words or more describing cookies and the way they can invade privacy.

(Safe Assign is software that verifies the originality of your work against on-line sources and other students.

Note that your Safe Assign score is less than 25. For your first written assignment, you have unlimited times to retry your assignment.)

 
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Learning About Cookies As Spyware Research What Kind Of Information Cookies Stor 5

Learning About Cookies as Spyware.

Research what kind of information cookies store. You might find the following  websites helpful:

  • www.allaboutcookies.org/
  • www.howstuffworks.com/cookie1.htm

Using WORD, write an ORIGINAL brief essay of 300 words or more describing cookies and the way they can invade privacy.

 
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Learning About Cookies As Spyware Research What Kind Of Information Cookies Stor 4

Learning About Cookies as Spyware.

Research what kind of information cookies store. You might find the following  websites helpful:

  • www.allaboutcookies.org/
  • www.howstuffworks.com/cookie1.htm

Using WORD, write an ORIGINAL brief essay of 300 words or more describing cookies and the way they can invade privacy.

 
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Learning About Cookies As Spyware Research What Kind Of Information Cookies Stor 1

Learning About Cookies as Spyware.

Research what kind of information cookies store. You might find the following  websites helpful:

  • www.allaboutcookies.org/
  • www.howstuffworks.com/cookie1.htm

Using WORD, write an ORIGINAL brief essay of 300 words or more describing cookies and the way they can invade privacy.

Safe Assign is software that verifies the originality of your work against on-line sources and other students.

Note your Safe Assign score. Continue submitting until your Safe Assign score is less than 25

 
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Learning 1 Name The Two Steps Necessary For Gene Expression To Occur What Are Th

learning 1. Name the two steps necessary for gene expression to occur. What are the products of these two steps?2. Which of the products that you listed in the answer to question 1 might be considered intermediate product?3. What does it means when I said that is single strand of DNA is considered the sense (or coding)?4. Give definitions for the following 3 terms:Silent mutationMissense mutationNonsense mutationgiven sequence the DNAsense strand (coding strand)In the space provide below:a. write the DNA complement to this sequence.b. Write what the mRNA sequence would bec. Indicate the start codon. What would the anti-codon be? Which type RNA contains the anti-codon?d. Using the genetic code provided write the amino acids that will result from this mRNA.GCCTATGCCGCAGCTGAAGa.b.c.d.e.2nd 2nd base in codon____________________________________G—————————————————————–UCAG————————————————————-UCAG————————————————————-UCAG————————————————————-UCAG_____________________________________________3rd in codonin codon

1. Name the two steps necessary for gene expression to occur. What are the productsof these two steps? Ans. The two steps necessary for gene expression to occur are transcription andtranslation….

 
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Learn How To Write An Essay Properly With The Best Essay Writing Tips Essay Writ

Learn how to write an essay properly with the best essay writing tips!

Essay writing is the bane of some peoples existence because of the fact that it is just so boring, dry, tedious, and it generally is never about a topic we particularly enjoy. Despite our loathing of essays, teachers and professors seem to think these are the greatest things under the sun and often hand them out like candy!     

Throughout school and even sometimes in work, you will be faced with multiple essay so, learning how to write an essay with the best literature essay prompts will make your approach streamlined and an efficient.

Now, there are some key factors in essay writing that you need to keep in mind: first your essay needs to flow properly from one paragraph to the other, and second is that your essay needs to adequately defend whatever point you are trying to make in this paper.

So, when learning how to write an essay you need to understand the basic format: introduction, body, and conclusion. Each one of these parts make up a vital point of the entire essay so we will go over tips for all of them so that you can write your essay more efficiently. Following these essay writing tips will make it so much easier to get a good grade and to zip through this essay in no time!

How to write an essay step one: Choose your topic and stance.

First, lets pick a sample topic for an essay: Should private ownership of guns be allowed or not? This will be the main focus of the entire essay and you need to be sure to properly answer this and not stray off topic.

Now that we have our topic picked for our essay (yours may have been assigned for you however), we need to decide which direction we want our essay to take. One of the best essay writing tips you can take from this post is to stick to your topic and follow it through with strong supporting arguments (which we will talk about later on). So, for our sample essay will we support private ownership of guns, oppose it, or simply take an unbiased approach to the whole situation? In my experience it is easier to simply pick one side or the other that way you can focus your paper better and it won’t be so divided and potentially confusing.

How to write an essay step two: research research and more research.

This is the tedious part that most people hate, however now that you have a stance already you can get right to the meat of your essay without having to research a ton of extra fluff. The best way to go about researching is to ask the main questions you want to answer first such as: what benefits is there for private ownership of guns, what negatives are there, any recent news or government policies on the ownership of guns, etc etc.

Also, while you are doing your research make sure to site all of your sources and organize your information! This will make it so much easier when you actually have your sources sited so that you can just zip right through your bibliography  

Yay! All of the hard stuff is done and we can just write out what you researched and be done!

 
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Lear Inc Has 880 000 In Current Assets 390 000 Of Which Are Considered Permanent

Lear Inc. has $880,000 in current assets, $390,000 of which are considered permanent current assets. In addition, the firm has $680,000 invested in fixed assets.    

a. Lear wishes to finance all fixed assets and half of its permanent current assets with long-term financing costing 9 percent. The balance will be financed with short-term financing, which currently costs 7 percent. Lear’s earnings before interest and taxes are $280,000. Determine Lear’s earnings after taxes under this financing plan. The tax rate is 30 percent.

  Earnings after taxes = _____________

b. As an alternative, Lear might wish to finance all fixed assets and permanent current assets plus half of its temporary current assets with long-term financing and the balance with short-term financing. The same interest rates apply as in part a. Earnings before interest and taxes will be $280,000. What will be Lear’s earnings after taxes? The tax rate is 30 percent.

  Earnings after taxes = _____________

 
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Lear Inc Has 800 000 In Current Assets 350 000 Of Which Are Considered Permanent

14. Lear, Inc., has $800,000 in current assets, $350,000 of which are considered permanentcurrent assets. In addition, the firm has $600,000 invested in fixed assets.a. Lear wishes to finance all fixed assets and half of its permanent currentassets with long-term financing costing 10 percent. Short-term financingcurrently costs 5 percent. Lear’s earnings before interest and taxes are$200,000. Determine Lear’s earnings after taxes under this financing plan.The tax rate is 30 percent.b. As an alternative, Lear might wish to finance all fixed assets and permanentcurrent assets plus half of its temporary current assets with long-term financing.The same interest rates apply as in part a. Earnings before interest andtaxes will be $200,000. What will be Lear’s earnings after taxes? The taxrate is 30 percent.Matching asset mixand financing plan(LO3)Impact of termstructure of interestrates on financingplan(LO4)Conservativeversus aggressivefinancing(LO5)Alternativefinancing plans(LO5)Temporary current assets . . . . . . . . . $1,000,000Permanent current assets . . . . . . . . . 2,000,000Fixed assets . . . . . . . . . . . . . . . . . . . 1,200,000Total assets . . . . . . . . . . . . . . . . $4,200,000Block−Hirt−Danielsen:Foundations of FinancialManagement, 13th EditionIII. Working CapitalManagement6. Working Capital and theFinancing Decision© The McGraw−HillCompanies, 2009Chapter 6 Working Capital and the Financing Decision 185www.mhhe.com/bhd13ec. What are some of the risks and cost considerations associated with each ofthese alternative financing strategies?15. Using the expectations hypothesis theory for the term structure of interest rates,determine the expected return for securities with maturities of two, three, andfour years based on the following data. Do an analysis similar to that inTable 6–6 on page 172.16. Modern Tombstones has estimated monthly financing requirements for the nextsix months as follows:Short-term financing will be utilized for the next six months. Projected annualinterest rates are:a. Compute total dollar interest payments for the six months. To convert anannual rate to a monthly rate, divide by 12.b. If long-term financing at 12 percent had been utilized throughout the sixmonths, would the total dollar interest payments be larger or smaller?17. In problem 16, what long-term interest rate would represent a break-even pointbetween using short-term financing as described in part a and long-term financing?Hint: Divide the interest payments in 16 a by the amount of total funds providedfor the six months and multiply by 12.18. Sherwin Paperboard Company expects to sell 600 units in January, 700 unitsin February, and 1,200 units in March. January’s ending inventory is 800 units.Expected sales for the whole year are 12,000 units. Sherwin has decided on alevel production schedule of 1,000 units (12,000 units/12 months 1,000 unitsper month). What is the expected end-of-month inventory for January, February,and March? Show the beginning inventory, production, and sales for each monthto arrive at ending inventory.BeginninginventoryProductionlevel Sales ( )Endinginventoryhypothesis andinterest rates(LO4)ExpectationsInterest costs underalternative plans(LO3)Break-even pointin interest rates(LO4)Sales and inventorybuildup(LO3)1-year T-bill at beginning of year 1 6%1-year T-bill at beginning of year 2 7%1-year T-bill at beginning

 
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