Saturday, December 28, 2019

The Boston Tea Party Free Essay Example, 1500 words

Given that Hutchinson had spent the major part of his adult life in politics and belonged to a well-educated family, he mistakenly supposed that the locals were easily manageable and failed to see how the increasing injustice and arbitrary rulings could put enough stress on them to incite incidences of violence, retaliation and civil disobedience. He was losing control while not being aware of it. On the other hand, Adams did not expect that the Boston Tea Party would turn into an act of civil disobedience. All he wanted was a debate on what was to be done and a warning of sorts sent to the British Government. Yet he took the lead when the opportunity presented itself. When ruling or leading an organization, a team or a country, it is always best to keep the interests of the members in mind. This can help you understand what they want and seek to reward them in those terms while getting them to do what you expect and want out of them to achieve your goals. It is important to get the respect of the people you are ruling, rather than get them to obey out of fear, for one they will retaliate when the pressure and the oppression gets too much for them to bear. We will write a custom essay sample on The Boston Tea Party or any topic specifically for you Only $17.96 $11.86/pageorder now First I read fast and tried to get the overall picture of the whole incident. Then I read it again and again and looked at the causes that led to this event and the reasons that they put forward to justify their actions that made sense to me. I also looked at a couple of videos and saw the pictures in the history books regarding this incident. The whole thing when viewed as a whole gives me a better understanding of what happened and why- it is clear that there were compelling reasons behind this memorable historical event in the annals of American history. Considering what you have learned about the Boston Tea Party, Samuel Adams, and Thomas Hutchinson apply your creativity to describe what could have been done proactively to avoid the incident.

Friday, December 20, 2019

The Perks of Being a Wallflower Compare and Contrast Essay

The Perks of being a Wallflower Compare and Contrast The book and the movie for The Perks of Being a Wallflower are extremely different, and I believe that the movie is much better than the book. The book is written much differently than the movie. There are lots of scenes that are in the book but not in the movie and that are in the movie not the book. The movie focuses less on the bigger, depressing topics than the book does. The characters in the movie are also much different than they are in the book. Their personalities are very different in the movie than the author described them as in the book. The movie, The Perks of Being a Wallflower, is directed very differently than how the book is written. The book is written in†¦show more content†¦In the movie, the only time you see Charlie crying is at the end, when he blacks out and attempts to commit suicide. There are many scenes and details that were in the book, but were left out of the movie, one thing that differentiates the movie from the book, is the change in charact er’s personalities and the relationships between the characters. In the book, Candace and Charlie seem like they don’t get along extremely well. Like any brother and sister, they fight quite a lot and they get in many arguments. But Candace seems like she is much meaner to him in the book than she is to him in the movie. In the movie Candace is much nicer to Charlie, and just nicer in general. Patrick is quite similar in the movie to how he was in the book, except for his personality. In the book, Patrick seems less carefree and funny. It seems like he is a jokester, but he can also be very serious at times. While in the movie he can’t be taken seriously and he always is trying to lighten the mood. Even when he and Brad were going through a rough spot in their relationship, he was still messing around and cracking jokes. Charlie was the character that is the most different in the book and in the movie. In the book, Charlie is portrayed as weak, nerdy and extreme ly awkward. But in the movie he is a tougher character and he seems a lot less quiet and shy. One way the movie shows that Charlie is not very weak is how he only cries once at the end. While in the book he cries allShow MoreRelatedHigh School And Social Hierarchy1246 Words   |  5 Pagesa sense of belongingness and security. Although there are positive aspects of cliques, there is a correlation between cliques and social pressure. Some clique members deal with the anxiety of constantly trying to impress their peers or the fear of being kicked out of the group while those who are outcasts may face bullying and feelings such as loneliness and depression. Either way, links have been found between certain coping mechanisms pertaining to the social pressure adolescents face. For exampleRead MoreThe Breakfast Club Vs. Perks Of Being A Wallflower1422 Words   |  6 PagesThe Breakfast Club vs. The Perks of Being a Wallflower In high school, social hierarchy is typically determined by perceived popularity. Adolescents experience many emotional, biological and cognitive changes during this time. Teenagers struggle with their identity as social acceptance becomes an increasingly important factor in their lives. Cliques are formed in high school as a representation of a small group of people with common interests. Cliques are joined mostly by girls because it givesRead MoreEdward Scissorhands Essay Outsider1281 Words   |  6 Pagescommunity. Edward is excluded due to the fact that he is physically different from everyone else; he has scissors for hands. We first see Edward inside a dark and gloomy mansion secluded from the rest of the town, showing that it doesn’t belong. The contrast used between the main street containing pastel coloured houses, coloured cars and people wearing bright clothes, showing that Edward is not like them, he is an outsider. We see him though Peggy’s eyes and the high camera angle used makes EdwardRead MoreAnalysis Of The Film, Edward Scissorhands, Directed By Tim Burton1642 Words   |  7 Pagesget to see or notice too often. The group of individuals on the other side constantly shows the challenges they face, and the different ways of living are often ignored because they don’t fit into the current society. This brings up a strong contrast and compare between what society defines as normal and what is abnormal. My theme tells us that their appearances are often deceiving and we should learn to to give them a chance. This means you are also more likely to become friends and learn from their

Thursday, December 12, 2019

Type of Entrepreneur -Free-Samples for Students-Myassignmenthelp

Question: Critically analyze options for becoming an entrepreneur. Assume for this assignment that you wish to enter the world of entrepreneurship, and you can choose any avenue you wish. Answer: Options for Becoming an Entrepreneur Entrepreneurship is understood as willingness and capability of developing, organizing and managing a business venture along with its risks so as to make profits. Starting of a new business is a common example of entrepreneurship. An entrepreneur is the person who owns a venture, business, or company and is responsible for its development (Mellor Coulton 2009, p. 14). This paper critically analyzes various options for becoming an entrepreneur. Four specific options are compared and contrasted. These are buying an outlet in an existing franchise or starting a new franchise; buying or starting a new corporate enterprise; starting a family business; and buying or starting an independent venture. Description of the Industry The selected type of business that I wish to do is high-end clothing retail business, which is in the fashion industry. The business would be located in the city of Dubai in the United Arab Emirates (UAE) market. Dubai is a popular shopping destination for those who want to buy clothes for men, women and even children (Seymour 2010, p. 53). This city-state wants to be the worlds Islam fashion capital and has established a special design district that offers tax breaks to designers and business organizations that are ready to relocate there (Gorman 2015). The clothing industry in the UAE is very competitive, and thus it would be important to spend a few months carrying out market research, learning trends in the industry, and creating a detailed business plan prior to entering the industry (Othman 2017, p. 1378). I wish to enter the clothing retail business because it is in a thriving industry. The fashion industry is an industry that could help me get a stable income each month with sufficient scope for advancement. Gorman (2015) reported that there is an increase in spending on high-end Shariah-compliant clothes by people of the Islamic faith, just as the religion is expanding and is projected to become the largest religion globally by the year 2050. In the year 2013, Muslims spent an estimated $266 billion on clothes, and by 2019 their spending would reach roughly $484 billion (Gorman 2015). Therefore, the market for my business is a lucrative one and the venture is feasible. In addition, the clothing retail business is a type of business that matches my interests as an individual and meets the needs of my specific clientele, who comprise Muslim people in the UAE. In particular, I would focus on attire for Muslim men and women. Type of Entrepreneur The type of entrepreneur that I would like to be is sole proprietor. I am interested in becoming a sole proprietor given that the business is inexpensive and easy to register, all the profits made in the business would be mine to keep, and I will have direct control of the process of decision making. Furthermore, the working capital needed for starting the business is minimal and regulatory burden is light (Fleischman Bryant 2010, p. 6). In addition, with this sort of entrepreneurship, the entrepreneur could operate the enterprise under his/her own name or could use a name that is fictitious. The fictitious name used is only a trade name and does not establish a legal entity that is distinct from the owner (Fay 2010, p. 46). However, a major shortcoming with this type of entrepreneurship is that the owner is individually liable for the debts of the enterprise. Benefits and Drawbacks of the 4 Options Independent The benefits of starting a business as an independent venture include the fact that the person is his/her own boss, the costs for start-up are relatively low as there are minimal costs to creating an independent venture, the owner gets to keep all the profits, and the owner has maximum privacy. In addition, it is easy to change the legal structure of the business later on in case circumstances change (Woodfield, Woods Shepherd 2017, p. 12). Also, creating and operating ones own business is easy and straightforward, and the owner is able to wind up the business easily. Transfer or sale of the business could occur at the discretion of the independent entrepreneur. Lastly, the sole proprietor, as Wiese (2016, p. 38) pointed out, has complete decision-making power and control over the firm. The drawbacks include the fact that taking holidays could be hard for the entrepreneur, it could be difficult to retain workers of high-caliber, and the companys life is limited. Moreover, the entrep reneur has unlimited liability for debts given that there is no legal distinction between company assets and personal assets. Also, the entrepreneur has all the responsibility for making daily corporate decisions, and one has limited capacity to raise capital (Mellor Coulton 2009, p. 66). Family Business A family business is understood as a commercial venture where members of the family are involved. One advantage of a family business is commitment. Given that the familys needs are at stake, there is often a greater sense of accountability and commitment (Lansberg Gersick 2015, p. 402). It is notable that such level of commitment is virtually not possible to generate in non-family companies. The lasting commitment results in extra benefits, for instance stronger customer relationships; a better understanding of the organization, industry and job; as well as more effective marketing and sales. The second advantage is stability of the firm. Usually, position within the family determines the member that would lead the business, and consequently, there is often longevity in leadership that brings about overall stability in the company (Ayranci 2010, p. 84). The third advantage is reduced cost. Family workers in a family business, unlike regular employees, are usually ready to contribute their own money for purpose of ensuring the companys long-term success. This could imply taking pay cuts or contributing funds. It is notable that this advantage is particularly important in challenging times for example during recessions where it is necessary for the top leaders to personally suffer or tighten the belt for the organization to survive (Parker 2016, p. 1245). The fourth advantage is long-term outlook. According to Fay (2010, p. 49), non-family businesses usually focus on attaining goals for this quarter whereas family businesses think many years, or even decades ahead. This long-term perspective and patience allows for good decision making and strategy. The drawbacks include the following: first is family conflict. At any business organization, conflicts are bound to occur. In family businesses, long-lasting, deep-seated quarrels and fights could affect everyone in the organization and could draw divisive lines. Given that members of the same family are involved, conflicts could be a lot harder to solve and could lead to difficult endings (Umirzakova et al. 2016, p. 152). The second limitation is lack of succession planning. Most family businesses do not have succession plans either because there is a lot of trust in the family members to address this when the time is right, or because the leader has no desire to accept the fact that one day she/he would have to resign. Thirdly is nepotism. A lot of family-owned companies are disinclined to allow people from outside the family into top positions. Consequently, individuals are given positions for which they lack experience, education or skills (Parker 2016, p. 1250). Corporate Enterprise A corporate enterprise is generally a form of business whose liability is limited. This means that when such an organization is created, it will allow the entrepreneurs to keep their own finances and assets distinct from the company itself (Campbell 2011, p. 25). There are a number of benefits of a corporate enterprise. Firstly, this option of becoming an entrepreneur guarantees financial security since there is limited liability. The second advantage is that the corporate enterprise is a separate legal entity from the owner. Therefore, the firm would be able to exist beyond the life of the owners (Lupulescu 2015, p. 68). Thirdly, in a corporate enterprise, the directors of the firm are often the key shareholders. As such, both the company control and ownership remain in their hands. Decision making process is easy and quick, with little fuss, which allows for a more successful business management platform. Even so, the drawbacks of a corporate enterprise include complex accounts. For example, there are more restrictive and complicated rules that govern the bookkeeping and accounts of such companies than sole proprietorships. The firm has to produce annual accounts incorporating balance sheets, double entry format, and other notes (Wells 2014, p.79). The second drawback pertains to cost. Setting up a corporate enterprise is generally costly. Thirdly is dilution of powers. Because of the nature of a corporate enterprise, disputes between the shareholders and directors are likely to occur given that their ideas of what is best for the firm differ. The management of the company would be further diluted when the companys shares are sold so as to increase the funds of the organization, since increasingly more individuals have a say in how the firm is run (Tricker 2011, p. 389). Franchise Buying an outlet in an existing franchise is also a notable option for becoming an entrepreneur. The first benefit to the franchisee is economies of scale. According to Cavaliere and Swerdlow (2008, p. 11), franchising allows a small entrepreneur to effectively compete within the marketplace and make the most of economies of scale. It is of note that a franchised network is able to purchase goods on more favorable rates compared to individual businesspersons. This offers a considerable advantage over smaller independent competitors. Additionally, the services, system, equipment and products that have to be tested in the marketplace would already have a degree of consumer acceptance (Woodfield, Woods Shepherd 2017, p. 3). The second benefit is decreased risk since the franchisees risk of business failure is reduced. Because the franchisor has proven the business concept within the market before franchising, for instance through a pilot, many typical problems are likely to have been s olved already and thus the risks to the franchisee are decreased (Madanoglu, Lee Castrogiovanni 2013, p. 1005). Thirdly, a franchise offers skilled management. Mndez, Galindo and Sastre (2014, p. 845) pointed out that the franchisee would have access to quality training as well as assistance to establish her business from the first day. This helps the franchisee to avoid a lot of mistakes and pitfalls of independent entrepreneurs who are starting from scratch. The fourth advantage pertains to advertising. Franchisees are usually required to pay some financial contribution toward a central advertising fund that the franchisor administers. The contribution from the franchisor in addition to the pooling of finances from other franchisees enables the franchisees to access extensive advertising countrywide or regionally, which in turn serves to increase the brand awareness and the business profitability (Mndez, Galindo Sastre 2014, p. 847). There are some drawbacks of buying a franchise. The first one pertains to reputation. According to Woodfield, Woods and Shepherd (2017, p. 4), the franchisees dependence on the power of the trade name of the franchisor could be a significant disadvantage if the franchisor, for instance through neglect or poor management, allows the brand to be called into disrepute. The franchisees share in the franchisors failures just as they share in its success and benefits, and the failures of the franchisors have a knock-on effect on their franchised network. The second drawback relates to control. The franchisees are subject to regulation and control by the franchisor through the operations manual and the franchise agreement (Madanoglu, Lee Castrogiovanni 2013, p. 1006). The third shortcoming pertains to products. The franchisee has to pay royalties, in addition to a mark-up on services/goods received from the franchisor or the franchisors supplier. A franchisor is, in most cases, exclusively tied to the product supplier and is not allowed to sell similar or other products. The desire of the franchisee to grow could be frustrated by the franchisors narrow mindedness (Madanoglu, Lee Castrogiovanni 2013, p. 1006). The other disadvantage relates to dependence. The franchisee could become over reliant on the support of the franchisor to the degree that she is unable to make independent decisions. The franchisee, in such situations, has practically become a disguised employee and the business would stagnate (Welter et al. 2017, p. 99). Benefits and Drawbacks of buying an existing business versus starting one from scratch The benefits of buying an existing business include the following: a market for the entrepreneurs service/product has been established already, the difficult start-up work has been done already and the firm has procedures and plans in place, and existing managers and staffs would have experience that they may share with the entrepreneur (Wiese 2016, p. 37). In addition, the entrepreneur would acquire existing employees, clients, contacts, stock, equipment, plant, suppliers, and goodwill. Equally important, the firm has a financial history that gives the entrepreneur an idea of what to anticipate and could make it easier to attract investors and secure loans (Woodfield, Woods Shepherd 2017, p. 5). The drawbacks of buying an existing business include the fact that the business might be badly managed, poorly located or have low employee morale. Businesses that underperform may necessitate a significant amount of investment in order to make them profitable, and the business may require considerable improvements to old equipment and plant (Jianhong Nadkarni 2017, p. 32). Furthermore, the personality of the seller and his/her established relationships might be a notable factor for the companys success. Moreover, external factors like a declining industry or growing competition could affect the companys future growth. Lastly, the entrepreneur would have to invest a considerable sum of money upfront and he/she would also need to budget for professional fees for accountants and solicitors (Mellor Coulton 2009, p. 34). The benefits of starting a business from scratch include the following: firstly, there is no baggage given that the business does not have any history for the entrepreneur to overcome when he/she starts a new business venture. Secondly, there are lower startup costs. Wiese (2016, p. 39) mentioned that depending on the type of business the entrepreneur is intending to initiate, the costs could be lower in comparison to a franchise business in which there are no up-front purchasing fees or supply costs. The third advantage pertains to site selection. When starting a business from scratch, the entrepreneur is able to choose the location in which to locate his/her business and the marketing procedures that he/she would like to follow (Woodfield, Woods Shepherd 2017, p. 6). The fourth advantage relates to independence. When starting a business from scratch, the entrepreneur creates all business systems and makes all the decisions. Even so, there are a number of drawbacks. Firstly is limi ting financing. When starting a business from scratch, financing for the company is harder to get. The second drawback is delayed profitability. Where the market is not established yet, it might take a long time to become profitable (Mellor Coulton 2009, p. 38). Thirdly is the high risk of the business. Success of the business is completely dependent upon the entrepreneur and his/her business talents. The other limitation is certainly high commitment. It is of note that starting ones own business calls for a higher commitment of both energy and time (Fleischman Bryant 2010, p. 6). Conclusion In conclusion, this paper has thoroughly compared and contrasted a number of options for becoming an entrepreneur. The drawbacks and benefits of starting an independent business, starting a family business, starting/buying a new corporate enterprise, and starting/buying a franchise have been discussed. Based on the analysis, the recommendation made is that I will not acquire a venture. I would rather start my own business from scratch and operate it as an independent venture or sole proprietor. This is because the drawbacks of acquiring a venture outweigh the benefits derived. I would rather be a sole proprietor given that it is inexpensive and easy to register, all the profits made in the business would be mine to keep, and I will have direct control of the process of decision making. Besides, the working capital needed for starting the business is relatively small, and I would be able to choose the location in which to locate the business and the marketing procedures that I would l ike to follow. References Ayranci, E 2010, 'Family involvement in and institutionalization of family businesses: A research', Business Economic Horizons, 3, 3, pp. 83-104, Business Source Complete, EBSCOhost, viewed 20 August 2017. Campbell, TH 2011, 'When is it appropriate to use a limited liability company?', Journal Of Financial Planning, 7, 1, p. 25-31, Business Source Complete, EBSCOhost, viewed 20 August 2017. Cavaliere, F, Swerdlow, M 2008, 'The pros and cons of franchising: two views', Business Forum, 13, 3, p. 11-28, Business Source Complete, EBSCOhost, viewed 20 August 2017. Fay, JR 2010, 'What form of ownership is best?', CPA Journal, 68, 8, p. 46-56, Business Source Complete, EBSCOhost, viewed 20 August 2017. Fleischman, G, Bryant, J 2010, 'C Corporation, LLC, or Sole Proprietorship? What Form Is Best for Your Business?', Management Accounting Quarterly, 1, 3, pp. 1-8, Academic Search Premier, EBSCOhost, viewed 20 August 2017. Gorman, R 2015, The Islamic fashion business is booming. Retrieved from https://www.businessinsider.com/the-islamic-fashion-business-is-booming-2015-4?IR=T Jianhong, C, Nadkarni, S 2017, 'It's about Time! CEOs' Temporal Dispositions, Temporal Leadership, and Corporate Entrepreneurship', Administrative Science Quarterly, 62, 1, pp. 31-66, Business Source Complete, EBSCOhost, viewed 20 August 2017. Lansberg, I, Gersick, K 2015, 'Educating Family Business Owners: The Fundamental Intervention', Academy Of Management Learning Education, 14, 3, pp. 400-413, Business Source Complete, EBSCOhost, viewed 20 August 2017. Lupulescu, A 2015, 'Some particularities concerning the limited liability company', Perspectives Of Business Law Journal, 4, 1, pp. 68-73, Business Source Complete, EBSCOhost, viewed 20 August 2017. Madanoglu, M, Lee, K, Castrogiovanni, G 2013, 'Does franchising pay? Evidence from the restaurant industry', Service Industries Journal, 33, 11, pp. 1003-1025, Hospitality Tourism Complete, EBSCOhost, viewed 20 August 2017. Mellor, R, Coulton, G 2009, Entrepreneurship For Everyone: A Student Textbook, London: SAGE Publications Ltd, eBook Collection (EBSCOhost), EBSCOhost, viewed 20 August 2017. Mndez, M, Galindo, M, Sastre, M 2014, 'Franchise, innovation and entrepreneurship', Service Industries Journal, 34, 9/10, pp. 843-855, Hospitality Tourism Complete, EBSCOhost, viewed 20 August 2017. Othman, EH 2017, 'Muslim fashion: contemporary style cultures', Ethnic Racial Studies, 40, 8, pp. 1377-1379, Academic Search Premier, EBSCOhost, viewed 20 August 2017. Parker, SC 2016, 'Family Firms and the 'Willing Successor' Problem', Entrepreneurship: Theory Practice, 40, 6, pp. 1241-1259, Business Source Complete, EBSCOhost, viewed 20 August 2017. Seymour, R 2010, 'Arab fashion', Middle East, 410, pp. 51-54, Academic Search Premier, EBSCOhost, viewed 20 August 2017. Tricker, B 2011, 'Re-inventing the Limited Liability Company', Corporate Governance: An International Review, 19, 4, pp. 384-393, Business Source Complete, EBSCOhost, viewed 20 August 2017. Umirzakova, M, Mussayeva, G, Mukhanova, A, Berikbolova, U, Smagulova, Z 2016, 'Family Business as a Form of Entrepreneurship: International Experience and Features of Development', International Journal Of Economic Perspectives, 10, 3, pp. 150-158, Business Source Complete, EBSCOhost, viewed 20 August 2017. Walsh, R 2017, 'Be the sole proprietor', Smart Business Columbus, 25, 4, p. 13, Business Source Complete, EBSCOhost, viewed 20 August 2017. Wells, W 2014, 'Limited liability companies: something new, something different', Journal Of Small Business Management, 32, 1, pp. 78-82, Business Source Complete, EBSCOhost, viewed 20 August 2017. Welter, F, Baker, T, Audretsch, D, Gartner, W 2017, 'Everyday Entrepreneurship-A Call for Entrepreneurship Research to Embrace Entrepreneurial Diversity', Entrepreneurship: Theory Practice, May, Business Source Complete, EBSCOhost, viewed 20 August 2017. Wiese, JR 2016, 'Want to be an Entrepreneur?', Business NH Magazine, 33, 4, p. 36-44, Regional Business News, EBSCOhost, viewed 20 August 2017. Woodfield, P, Woods, C, Shepherd, D 2017, 'Appreciating Entrepreneurship: A New Approach for Field Research', Entrepreneurship Research Journal, 7, 2, pp. 1-17, Business Source Complete, EBSCOhost, viewed 20 August 2017

Wednesday, December 4, 2019

Positive Impacts of Technology for Retail Sales- myassignmenthelp

Question: Write about thePositive Impacts of Technology for Retail Sales. Answer: Introduction As per the demands, I have conducted extensive research using secondary sources in trying to examine the effects of technology in terms of the positive and negative issues it bears on corporate business. Therein are examples of the cases at hand and how individuals in the corporate world utilize the same. Positive Impacts of Technology Technology has revamped the way individuals communicate in organizations and brought increased benefit therein. As opposed to the previous times, the present corporate world utilizes electronic reporting and submission of reports. In this respect, company officials can submit and explain their deliberations on a given set of occurrences online through email and video chats thus saving on time and other resources (Argenti 2006). Besides, it allows workers to work in their desired locations where the tasks to be done are transferred via the email and the responses reach workers involved in a project in real time. Here, individuals can get acquainted to information without having to read of the same on notice boards as the same can be done through personal mails. Technology has developed a quick response system where conference can be done online through teleconferencing and all parties involved given time to air out their issues thus saving on time and resources needed to gather parties involved (Argenti 2006). At the same time, it was found that technology has improved the way organizations market their products and place them strategically towards growth. Organizations currently market their products online, reaching a multitude of people on the social media and other pop up advertisements (John 2000). As opposed to the traditional means, the present technologically enabled advertisement and marketing reaches a lot of people in real time and allows for online booking and sales of products. Eventually, it bolsters sales of companies. The present day technology assists firms in comparing information and thus boosts their performance. Previously, it was difficult to find information and marketing tacts of other companies as it was done within an organization. However, the current technology assists in tracking and observing a trend in the market thus increasing competition among firms (John 2000). Eventually, it culminates into stronger policies that assist firms to compete favourably among themselves. Challenges of Technology Present day communication technology puts information of organizations at risk of hacking and tampering. Cases of information leak and hacking harms the corporate world as strategies and policies of development can be observed and used by competitors towards their advantage. Information by senior management can be hacked and spread to unintended persons thus damaging reputation and information secrecy. As such, this may result in information loss and damage as organizations remain vulnerable. At the same time, technology has reduced face to face interactions among workers essential for team building and information sharing (Bloom, Garicano, Sadun and Van Reenen 2014). Currently, individuals in the corporate world in different locations interact through hats and emails thus losing contacts. There are some issues that ought to be discussed freely on a face to face model that cannot occur thus limiting interactions to formal types only. As a result, a key component of issues fails to be shared freely among individuals in the corporate world. Recommendations The corporate world is presented with technology which makes working easier and enjoyable. However, concern has to be taken to utilize technology towards prosperity while limiting its damages in the long run. There is a need to guard information flow and strong use of passwords and authentication codes to protect information from hacking and loss (Bloom, Garicano, Sadun and Van Reenen 2014). Moreover, corporate managers need to encourage face to face interactions from time to time to allow information and skill interaction essential in growth of corporate world. Conclusion Technology remains a great promise for the corporate communication is used effectively and with concern. Organizations ought to remain vigilant of the negative effects and practice good use to achieve success through technology. Technology is the change factor in the present and future operations, an innovation whose time has come. References Argenti, P.A., 2006. How technology has influenced the field of corporate communication. Journal of Business and Technical Communication, 20(3), pp.357-370. Bloom, N., Garicano, L., Sadun, R. and Van Reenen, J., 2014. The distinct effects of information technology and communication technology on firm organization. Management Science, 60(12), pp.2859-2885. John S., B 2000, 'The Effects of Technology on Retail Sales, Commercial Property Values and Percentage Rents', The Journal Of Real Estate Portfolio Management, 2, p. 185, JSTOR Journals, EBSCOhost, viewed 18 March 2018.