Appalachian Poverty Essay - 2466 Words

Appalachian Poverty Poverty is a global problem, and it has existed from the beginning of civilization. Hunger, homelessness, and lack of health care are major aspects of this world-wide dilemma. Many countries are in complete poverty and a majority are third-world countries. Within the United States of America, a land of plenty, there are also pockets of extreme poverty. Governments around the world are trying to solve this huge problem. Third world poverty and Appalachian poverty, which occurred in the United States of America, have developed for various reasons, and these situations have led to a great deal of problems. Throughout the world, poverty has plagued all countries. In smaller, under-developed countries many†¦show more content†¦Granted, American poverty is no match to third world poverty, but for such a prosperous country it is pretty sad. Most third world countries do not have social security or welfare (650a). So, the people of those countries have no income to keep themselves going. Even though America does have both social security and welfare, this country still has many homeless and starving people. Horten 3 Appalachia includes thirteen states, ranging from southern New York to eastern Mississippi (650a). About eighteen million people live in Appalachia. In March, 1965, the United States Congress passed the Appalachian Regional Redevelopment Act. The legislation was designed primarily to create more jobs by attracting tourists and industries. It provided funds and made the area more accessible. Funds also were made available for new schools and health facilities, land and mine reclamation, and timber and water conservation. The poverty in America will not be solved all at once (650a). Simply creating jobs will not help eliminate poverty because there are some people who are disabled and just can not work (650a). The government social welfare programs help to add income to many people (650a). These people could be the retired, unemployed, disabled, or widowed (650a). In order to help the less fortunate, the people that are employed are taxed to raise money to pay for social security andShow MoreRelatedEssay about Appalachia Culture1522 Words   |  7 Pagesthe land of severe poverty that it was three decades ago, now the poverty rate of one in 15 is close to the national average. The number of adults who have received a high school diploma has also jumped from one out of three to two out of three; and the infant death rate has been cut in half. Comparing the 391 counties in the Appalachian Regional Commission with counties outside the region that were similar to Appalachian counties in the 1960s, researchers found that Appalachian counties grew significantlyRead MoreESPM 50AC Final Paper1366 Words   |  6 PagesIntroduction Appalachia is a 205,000-square-mile region that follows the spine of the Appalachian Mountains stretching from southern New York to northern Mississippi. It is home to more than 25 million people. Appalachia Mountains are rich in natural resources, containing an abundant number of coal, timber, oil, gas, and water (Daugneaux 1981). These natural resources have historically influenced the economic characteristics of the region. The regions economy has been highly dependent on miningRead MoreInfluencing The Lives Of Non Human Animals1381 Words   |  6 Pagesappreciable advancement in society. The interactions that occur between people and non-human animals, particularly in the Appalachian region, has led to profound changes both on the local community and the nation. The most significant interaction to take place and has influenced the area drastically is domestication. Four types of domestication at the forefront of Appalachian culture are livestock, blood-sports, pet keeping, and animal’s prevalence in oral folklore. The introduction of domesticationRead MoreThe Factors Influencing Human Behaviour Outside Of Other Non Human Animals1373 Words   |  6 Pagesbehavior o utside of other non-human animals. The interactions that occur between people and non-human animals, particularly in the Appalachian region, has led to profound changes both on the local community. The most significant interaction to take place and has influenced the area drastically is domestication. Four types of domestication at the forefront of Appalachian culture are livestock, blood-sports, pet keeping, and animal’s prevalence in oral folklore. The introduction of domestication previousRead MoreEssay On Medicaid924 Words   |  4 Pagesto live in a rural Appalachian area and are more likely to be dependent on Medicaid insurance. West Virginia is the state with the highest percentage of its population to use Medicaid. While having more of the population insured is a positive outcome, many are still not receiving the preventative benefits that would increase their overall health and life expectancy. The income and insurance coverage disparity continues to reflect the p oor health outcomes for the Appalachian area. (Foundation, 2017)Read MoreThe Appalachian Region Of New York1390 Words   |  6 PagesIntroduction The Appalachian Region stretches from the northern part of New York, through Pennsylvanyia, all of West Virginia, the West side of Kentucky, Mississippi, and the southern parts of Maryland, S.Carolina, N. Carolina, and Alabama. The immigrants who settled in the Appalachian Region were made-up of three main ethinic backgrounds; Scot-Irish, English, and German. â€Å"Appalachian people are considered a separate culture, made up of many unique backgrounds—Native Americans, Irish, English andRead MoreMental Health Problems Of The Appalachian Mountain Region1981 Words   |  8 Pagesthroughout their life. Experiences are dictated by the people you live with, the events that occur in your life, and where you grow up. The Appalachian mountain region has been considered to be a different world from mainstream America since the first settlers arrived from the borderlands of Scotland, Ireland, and England. Several scholars have examined the Appalachian region to assess behavior due t o mental health issues. Several studies have found that a higher number of adults in Appalachia report majorRead MoreIdentifying An At Risk Population1736 Words   |  7 PagesAppalachia is the geographic area adjacent to the Appalachian mountain chain in the US and includes 410 counties in 13 states (Appalachian Regional Commission, 2011). The central portion of Appalachia contains the economically strapped coal counties of West Virginia, Kentucky, Tennessee and Virginia. The people of rural Appalachia have long been affected by income and poor education, but now those issues have created greater problems. According to the Appalachian Regional Commission, the unemployment rateRead MoreGod Was Wrong, Support Mountaintop Removal1272 Words   |  6 Pages God Was Wrong, Support Mountaintop Removal Coal in the United States has long been the #1 producer of energy. Massive seams of coal are found in the Appalachian Mountains, and our reliance on this fossil fuel has meant devastation for many mountain residents and over 500 mountains. As our society advances, the need for more energy advances. What were once beautiful rolling hills are now flattened plateaus reminiscent of a landscape you would see in the desert. We as a nation have only short-termRead MoreMy Statement For Pursue Nursing As A Profession Essay1645 Words   |  7 Pagesall different backgrounds and that is why I am most interested in nursing. I have served on two different mission trips while in high school: one in the inner city of Atlanta and one in the Appalachian mountain range of Kentucky. Even though these trips were in two different parts of the United States, the poverty level I saw was very similar. What draws me into nursing is being able to further care for these people who quiet frankly do not hav e the resources to care for themselves. It is heartwarming

The Economic Impact On The Economy - 2326 Words

The economy is most develop in the US and Europe. When the crash happened in 2008, Europe economy fell into recession extremely. Until today, it has yet to fully recover. Compare with the US that remains the economic giants. After nearly 10 years of economic recovery, we can see long term effects in banking, politics, housing and employment. So, what has been going on politically and economically in Europe? And what will we estimate about the economy of the US and Europe prospect 5 plus years from now? The right answers are not simple, so let me explain. First at all, what has been going on politically and economically in Europe? How does it compare with the US? We knew about the finance and economic crash of 2008, the worst in over 75†¦show more content†¦So the most basic way to revitalize an ailing economy is to ease monetary policy, as the US Federal Reserve did in the fall, but interest rates in the US and Europe is already extremely low, and central banks have already injected unprecedented amounts of liquidity into the credit markets. Thus, the impact of any further easing will probably be small. The slowdown in Europe is expected to be every bit as severe European consumers is spending less to the same reasons American consumers are. The financial sectors of European countries, relative to those countries’ GDPs, have suffered even more damage than that of the US. According to the media, the British government reported a contraction of its economy last fall, and the Eurozone countries are now officially in rece ssion. We know about the damaged Western banks, which had consistently supplied credit to business in the developing world, have abruptly stopped providing it. Eastern European countries that had been running exceptionally large current account deficits and had built up substantial foreign debts are particularly hurting. Hungary, Latvia, and Ukraine are prominent example, and Hungary and Ukraine have already secured emergency loans from the IMF. In Russia, the plunge in oil and other commodity prices has caused a near collapse of the rubber and of local share prices. The government of President Dmitry Medvedev has

Ways of Protecting the Environment Free Essays

Our environment is a gift from God so we must take the full responsibility in protecting and preserving it. Good environment can make people feel happy and fit. To improve the environment means to improve our life. We will write a custom essay sample on Ways of Protecting the Environment or any similar topic only for you Order Now Therefore, human beings can protect the environment in three ways: conserving water, recycling, reducing, reusing and saving energy. First, we can protect the environment through saving water. Water is very important to us because we can’t live it. Water which is suitable to drink is becoming less and less. It is because we always waste a lot of water in our daily life. For example, many of the people always turn on the faucet when brushing teeth, washing or rinsing. Instead, we can fill a container with water for our use. Second, recycling, reducing and reusing are other ways to protect our environment. We can recycle the aluminum cans, glass bottles and newspapers. Besides that, we can transfer the organic matter such as potato peelings, leftover food and leaves to a compost heap in the garden and used as a natural fertilizer for the plants. Next, we should reduce the usage of plastic bags because they are non-biodegradable and hard to recycle. Let us reuse the things that are still valuable instead of throwing it away. Donate your old clothes or things to those who are in need. Not only will you protect the environment, but you will also contribute to a good cause. Last but definitely not the least is conserving energy. Let us use compact lights in our houses for they conserves electricity and remember to turn it off when you leave a room. When you do not use a house device like TV, radio, laptops, etc. turn it off as well. It’s an easy habit to take up which will help you save a lot of money. Be concern and be a part in protecting the Mother Nature. How to cite Ways of Protecting the Environment, Papers

Virtual Team Challenges in ICT Projects

Question: Discuss about theVirtual Team Challenges in ICT Projects. Answer: Introduction Financial pressures on ICT projects have been a reason for companies setting up virtual teams for project management as virtual space consumes less of financial resources of an organization. However, with virtual teams come several challenges concerning culture, communication, technology and management. This paper makes an attempt to understand how virtual team work and explores various challenges that are faced by them in ICT environment. The paper would also come up with some recommendations on how some of these challenges can be overcome to enhance the performance of virtual teams(Afaq, et al., 2014). Virtual Project Management Virtual project management is an outcome of people working together remotely on a project towards a unified goal. Different people in a virtual team work in different boundaries of time, space and geography but are linked together with communication technologies. Skyrmeidentified three dimensions of virtual teams and these include time, place and organizational structure. Gussdefined project teams using four classes of project teams including the following: Project Team Class Characteristics Pure No single organizational method is controlling different virtual teams Transitional Teams have mono as well as hybrid forms Hybrid Teams show multi-organizational culture Unified Every team member works for the same organization(Barker, 2001) Peterson and Stohrhave identified 7 types of virtual teams as listed below: Networked Teams: Networked teams have diffused boundaries and fluid membership such that all team members work on same goals Parallel Teams: These teams are distinctive in nature and work on temporary basis for developing recommendations on improvements. Project Teams: These teams perform non-routine tasks for a specified duration and have some level of authority for making decisions related to a project Production Teams: These teams have members with clearly defined roles and specific set of routine deliverables Service Teams: A round the clock service support role is remotely provided by service teams Management teams: These teams work in close collaboration within a specific functional division Action Teams: These teams are used in emergency conditions and have to provide immediate response(Fisher Fisher, 2001). Because of this diversity displayed by different types of teams, complex ICT projects have to face many challenges as they show cultural differences, communication differences and so on. The next section discusses various challenges that are exclusively faced by virtual teams. A framework of virtual teams on an ICT project may be used to understand how these different teams work together towards a unified project goal. Figure 1: Virtual Teams in Organizations Virtual teams work in the purview of broader social system that is formed out of interactions between people from different cultures. There can be differences in their norms, values, technology adoption behaviour, and communication approaches. These factors can influence the group dynamics, organizational processes and project management strategies. As the project management in virtual teams has to have considerations of differences in geography, cultures, structures, and temporal differences, project management in virtual teams can become very complex(Par' Dub, 2000). Challenges Virtual teams can already face regular projects team challenges such as false consensus, unresolved conflicts, closure avoidance, uneven team participation, calcified meetings, and lack of accountability. However, with virtual structure in place, there are additional challenges such as: Technology Adoration: When virtual teams are connected with technology, an additional dimension comes up to add to challenges which are technology adoration. Technology adoration causes people to only use technology and depend on the same for interaction and thus, they may always use emails for communication avoid face to face interactions such as over phone or through personal meetings even when opportunities are provided(Iqbal Nauaman, 2001). Lack of Trust: In traditional working methods, people working for same organization could also have face to face interactions and thus, there were more opportunities to collaborate and understand each other as well as develop trust. However, this advantage of ability to interact is not there with the virtual teams and thus, trust can become a major issue (Rolfes, 2001). Lack of Rich Communication: Another issue with virtual teams is the lack of richness in communication. This includes absence of immediate feedback, lack of multiple communication cues, and personalization. Lack of non-verbal communication which happens in face to face meeting can also play a role in building relationships but the same is not possible while working in virtual settings. Thus, building relationships to bring coordination among people can be a big challenge in virtual teams(REED KNIGHT, 2011). Differential Time Zones: Virtual teams operate in different time zones and exercise the freedom to work as per their own comfortable time. However, this freedom can lead to weakening of relationships between project team members and also affect the commitment levels of teams. A case study by Kelley and Sankey in 2008 revealed that differential time zones were one of the unique and most challenging factors while working with virtual teams for organizations. Cultural Differences: Culture is a set of norms, values and beliefs that are shared between specific team members. In virtual teams, differential cultures exist that can impact the communication between the members. Cultural differences are easier to resolve in a face to face setting but in the virtual setting, the interaction is very less and thus, cultural barriers are even more pronounced. While traditional teams may have cultural barriers caused by differences in upbringing, the organizational culture would remain same but in the case of virtual teams, even the organizational cultures within which they work could be different due to geographical, functional and other types of team dispersions. Technology knowledge: Various team members can come from different parts of the world and many a times, to bring them together, collaborative technologies like audio conferencing, video conferencing, blogging, chatting and forums are used. However, this presents an additional challenges as not all the team members may be comfortable or know how to use these technologies and thus, some of the members can be at disadvantage unless they are trained on these collaborative technologies. However, training can add cost as well as loss of man hours for the organization. Coordination Barriers: Coordination barriers such as isolation, lack of cohesion, and so on can lead to problems like delays, priority shifts, and failure to keep the commitments. Coordination barriers can cause delays in communication and thus, delays in deliverables putting pressures on team members that can also cause conflicts as every team member would try to blame another member for any delays or discrepancies happening in the project deliverables. Technical Connectivity: Increasing failures of technologies make it difficult for teams to communicate with each other throughput without inconsistencies and this can put pressures on performance and collaboration among team members in virtual setting. For instance, in case a software is developed for project team members to chat with each other over intranet but intranet link is down then it would be challenging for them to communication which would lead to loss of opportunity communicate and coordinate. Insufficient Knowledge Transfer: Most of the communication happening between the members of a virtual team is through formal channels like emailing, document sharing, training and interviews. However, this can lead to lack of transfer of complete knowledge between the team members as the interaction would not be very interactive or interesting. Conclusions Recommendations The aim of this report was to identify challenges in project management when virtual teams are used for complex ICT projects. It was found that in any project or organization, there were different types of teams that existed with different goals such that even while working on a unified goal for single project goal, common challenges can still occur due to these differences such as false consensus, unresolved conflicts, closure avoidance, uneven team participation, calcified meetings, and lack of accountability. With use of virtual teams, more challenges were added such as technology adoration, lack of trust, lack of richness in communications, cultural differences, and differential knowledge of technology, coordination barriers, technological connectivity failures, insufficient knowledge transfer, and differential time zones. However, these challenges can be overcome by using the following recommended strategies: Trust can be built in virtual project team members when members are reliable, responsive and consistent in their performance. Thus project managers must work to encourage employees towards displaying these attributes and maintain a decorum to build trust between team members Cultural differences cannot be eliminated but if they are studied properly by a project manager such that he or she comes up with a shared approach considering all cultures which is acceptable to all, the conflicts arising due to cultural differences can be avoided to certain extent. Virtual team members lack richness in communication but if video conferences can be used to bring them together on a single platform, the communication can be enriched with verbal as well as non-verbal communication added to the interaction. However, this can be costly to the company and thus, a company may use it sparingly but use more of collaborative technologies that are more affordable such as audio conferencing, blogging and forum. However, while teams are encouraged to use these, the organizations should also make an attempt to provide them training on the use of technologies. If a stipulated time is allotted for training, it can lead to cost to the company and, thus, a project manager may only train the line managers or department heads who would then individually take care of training for their individual teams(Azimi, 2011). To enhance knowledge transfer among team members, some informal methods like storytelling, debating, mentoring or coaching may be used by the project manager to make things both interesting and interactive encourage teams to participate and interact with each other through discussions. Project manager has to act as a leader who can identify coordination barriers and take steps to eliminate or reduce them. Nemiro et al. (2008) says that a project leader must motivate team members, encourage coordination between them and develop teams through provision of unified goals and messages, establishing identities for teams and managing conflicts between them. Workers in remote locations can be monitored by project manager by using performance metrics, defined deliverables, and prototypes that can be integrated earlier in the project plan so as to bring in unified approaches and performance goals for teams as well as allow project manager to keep track of their performance in an unbiased manner to avoid conflicts or dissatisfaction among different team members. A code of conduct can be established and communicated to all team members by the project manager to bring cohesion and control over the work behaviour of people. Use of a common platform as a communication centre which is open to all the team members such that they can have access to same information and thus, are updated equally, can relieve coordination challenges. With teams having same and latest information, they can coordinate and communicate better on project which would enhance their interaction and reduce conflicts. For instance, management information systems that have access to everyone on the project can be used to obtain status of the project, its deliverables, goals and everything related such that while interacting with other team members, they would have the same data to talk about and there would not be any differences of opinion that can otherwise cause conflicts. A project manager may plan for meetings and collaborative activities during the time when all team members are present and thus, more interaction and collaboration is possible with more team members involved in group activities. Off-peak times when most of the project members are absent can be left for the hardcore work on individual goals. A personal level of interaction can be made possible between employees by bringing them together on non-formal platforms like chats, social media groups, forums, cultural gathering, and so on to encourage them to build relationships. Physical gatherings may also be encouraged from time to time to enhance coordination. While interactive sessions are introduced between team members, good opportunities must be provided to team members for active interaction such as through kick-off meetings, brainstorming sessions, conflict resolution sessions, new team member orientation program, milestone meetings and deliverable completion celebrations(Silva Silva, 2011). References Azimi, D., 2011. Virtual Project Collaboration, s.l.: NTNU. Barker, D., 2001. Virtual Project Office Project Extranets, s.l.: Project Magazine. Fisher, K. Fisher, M. D., 2001. The Distance Manger: A Hands-On Guide to Managing Off-Site Employees and Virtual Teams. New York: McGraw-Hill. Par', G. Dub, L., 2000. Virtual Teams: an Exploratory study of key challenges and strategies, Qubec, Canada: cole des Hautes tudes Commerciales de Montral. Rolfes, M., 2001. Virtual Project Management, s.l.: UMSL. Silva, M. Silva, S. d., 2011. Collaborative Project Management - Issues, methods and tools, s.l.: Universit de Strasbourg .

Utilized By Organization To Take The Items â€Myassignmenthelp.Com

Question: Discuss About The Utilized By Organization To Take The Items? Answer: Introduction In this report the strategies are discussed that are effective enough and which can create a seamless distribution network. Distribution network is a process which is interrelated with the general population. The goods and services are moved from the producers to the consumers. The system is a framework which is utilized by the organization to take the items from the maker to the retailers. Strategies to implement to create a seamless network in India Distribution network should be effective enough so that the products can be easily available to the customers in effective manner. The distribution network is an important element in the business. If effective distribution network is considered by the business then it can be easy to achieve the organization goals and objectives. The strategy which should be adopted and which will create a seamless network are many. Like, the track can be maintained of the channel dealers. By keeping track of the distribution channel and the channel dealers the area can be easily analyzed where the improvement is essential (Cui and Mallucci, 2016).Inventory tracking and management technique should also be taken into consideration so that average can be analyzed that which areas are performing in effective way and which area are not working good. The record should be maintained of the marketing histories where the distribution network has taken place. It will enhance the availability of the product in the market. Also the focus should be given on the local markets so that the availability of product can be taken into consideration. If the product is not easily available then the availability should be enhanced in effective way (Kozlenkova, Hult, Lund, Mena and Kekec, 2015). For smooth distribution channel it is essential that the expansion should take place properly. If the channel of distribution is stagnant then it is seen that the particular product has reached the limit (Solomon, 2014). If the density of population increases the availability of the product should also be increased. By expanding the market and providing the product on time can create a seamless network. If the distribution network is strong then the product can easily reach the customer. To set up an effective distribution network it is required to involve the dealers and distributors to consider the deals that are prevailing in the market (Armstrong, Kotler, Harker and Brennan, 2015). The channel of network is considered as an important part of the business. If the business do not adopt effective distribution network then it is difficult for them to achieve success in the market. The seamless distribution channel can be adopted by taking into consideration various strategies that improve the working pattern of the business. The effective strategy that should be implemented in India is to keep the proper track of the dealers and also to give more emphasis on the local markets. Conclusion In this report it is analyzed that distribution channel plays an important role to enhance the working pattern of the business. The best strategy which should be taken into consideration to create a seamless network is to give more focus on the local markets and to keep the proper track of dealers. References Armstrong, G., Kotler, P., Harker, M. and Brennan, R., 2015.Marketing: an introduction. Pearson Education. Cui, T.H. and Mallucci, P., 2016. Fairness ideals in distribution channels.Journal of Marketing Research,53(6), pp.969-987. Kozlenkova, I.V., Hult, G.T.M., Lund, D.J., Mena, J.A. and Kekec, P., 2015. The role of marketing channels in supply chain management.Journal of Retailing,91(4), pp.586-609. Solomon, M.R., 2014.Consumer behavior: Buying, having, and being(Vol. 10). Upper Saddle River, NJ: Prentice Hall.

Eyes on the Prize

Racial discrimination has been the most contentious issue in America. The issue has been highlighted by various tools of communications such as books, movies, articles, and periodicals. One of the remarkable communication tools on this subject is ‘Eyes on the Prize’ movie. The movie brings into perspective the topic of racial discrimination and roles of civil rights movements in attaining equality in America (Hampton, 1986). This study seeks to highlight the issue of racial discrimination in reference to the above mentioned movieAdvertising We will write a custom essay sample on Eyes on the Prize specifically for you for only $16.05 $11/page Learn More Roles of Civil Rights Movement To achieve the desired transformation towards equal treatment of all races, America needed civil rights movement. The movement not only played the role of communicating information on racial discrimination, but also changed the attitudes, beliefs, and feelings of all Americans towards the issue. From the movement, Americans were able to embrace tolerance. For instance, in volume 2 of the movie, the African-Americans were ready to endure the mistreatments in the jails while most of the whites were ready to accommodate them in the community (Hampton, 1986). Change and Civil Rights Movement Civil rights movement was the major element that facilitated change in America. Without the movement, change could have been difficult to attain. The movement not only prompted the government to take actions, but also cultivated the sense of responsibility among Americans (Hampton, 1986). Racism Discrimination is a common problem in America. Racial discrimination dominates the list of discriminating practices. However, it is cognizant to note that the magnitude of racial discrimination in America has greatly reduced. This can be attributed to the roles of civil rights movements and affirmative actions taken by the government to promote racial equality (Hamp ton, 1986). Reference Hampton, H. (Executive Producer). (1986). Eyes on the Prize: Ain’t scared of your jails, 1954 to 1956. Boston: Blackside Inc. This essay on Eyes on the Prize was written and submitted by user Daniella Powers to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Questions on Entrepreneurship Essays

Questions on Entrepreneurship Essays Questions on Entrepreneurship Essay Questions on Entrepreneurship Essay Entrepreneurship Entrepreneurs have the vision to recognize opportunities where others see chaos, contradiction, and confusion. a. true b. false 2. Entrepreneurs are always inventors. a. true 3. Entrepreneurs are extreme risk takers. 4. Minority-owned businesses could be said to represent the cultural displacement school of entrepreneurial thought. a. true 5. Gazelles are almost always high tech. 6. The word entrepreneur is derived from the French entreprendre, which is translated . a. to undertake b. to compete c. to apprehend . to enter and dare 7. Which is not one of the chief characteristics of an entrepreneur? a. ability to consolidate resources b. risk taking c. personal initiative d. desire for control of people 8. Which of the following statements about entrepreneurs is true? a. All you need is money to be an entrepreneur. b. Ignorance is bliss for an entrepreneur. c. Entrepreneurs are doers and thinkers. d. Inheriting a business is the best way to become an entrepreneur. 9. Which entrepreneurial school of thought emphasizes the planning process in uccessful venture development? . the strategic formulation school of thought b. the entrepreneurial trait school of thought c. tne venture opportunlty scnool 0T tnougnt d. the human relations school of thought 10. Entrepreneurs will always be a. hindered by lack of funding b. a major source of Job creation and innovation in any economy c. a key factor in the stability of the small business sector Terms: Displacement School of Thought-A school of entrepreneurial thought that foc uses on group phenomena such as the political, cultural, and economic environments. Dynamic States- A network of relationships and systems that convert oopportunity tension into value for a ventures customers, generating new resources that maintain the dynamic state. Entrepreneur- An innovator or developer who recognizes and seizes opportunities; converts these opportunities into workable/marketable ideas; adds value through time, effort, money, or skills; assumes the risks of the competitive marketplace to implement these ideas; and realizes the rewards from these efforts. Entrepreneurial Management- The themeor discipline that suggests entrepreneurship is based on the same principles, whether the entrepreneur is an existing large institution or an individual starting his or her new venture single- handedly. Entrepreneurial Revolution- The tremendous increase in entrepreneurial business and entrepreneurial thinking that has developed during the last 20years. This revolution will be as powerful to the twenty-first century as the Industrial Revolution was to the twentieth century (if not more! ).