The Award Phase - You Decide Essay Example for Free

The Award Phase You Decide Essay Unfortunately the catering business did not generate the expected profits therefore you are in the process of dissolving the business. You have no use for the high quality cooking equipment that was leased for the catering business. You assume the chefs will continue in the cooking business and can use the equipment. It would be all right with you if they took over the lease. You understand there is no charge to remove your names from the lease agreement. However, you think the best all around solution is to terminate the lease for the kitchen equipment. You also do not think that the chefs deserve the capital because they caused the business to fail. You need to recoup as much as your investment as possible to open an alternative venture. You recently began to look at the possibility of opening a flower shop, although you have not yet done extensive planning for it. To do so you need capital. How will we split the $15,000 left in the investment? To be fair to our partners we will use the same capital distribution that was used at the beginning of the investment, Chris and Pat Smith, put $25,000 and the chefs put $10,000 up to total $35,000 for 100% of the shares. Each share is worth $350, therefore we own 55. 5% of the company while the chefs own $45. 5%. We are down to $15,000 in working capital, which has to be split amongst the partnership. If we split this capital according to the ownership percentage, we should receive $8,325 and the chefs should receive $6,675. We do not think the chefs deserve this share because they caused the business to fail due to elaborate high-cost dishes being sold at a low-price. Also we will need capital for our new flower shop venture; therefore we will give the chef’s $3,000 and keep the remaining $12,000. As negotiation leverage we will use the kitchen equipment lease agreement options. We cannot use the kitchen equipment in our flower shop, but it could be useful for the chefs to continue business. How to handle the lease on the kitchen space, which has 18 months more to run? We will need a rent space for our flower shop, and the store front of the catering business is large enough for us. The chef’s will want to keep the space because of the kitchen that is attached and the established business and customers who are familiar with the location. Therefore we should offer them to amend the lease in their name only and they should pay the $500 cost for this amendment. This would be the best solution due to the dissolve of the business relationship and difference in management styles. How to handle the lease on the van, which has 18 months more to run? We can use the van leased for our flower shop deliveries therefore we will keep the van. We will remove the chefs names from the lease for the van and offer them that we will pay the $500 for the amendment cost. To eliminate termination fees and to also redefine responsibility correctly for the van, this is the best option for our exit strategy. How to handle the lease on the kitchen equipment, which as six months more to run? All in all, you think it is better to leave the lease alone and just promise the chefs that you pay it rather than pay the fee for changing the names on the lease, terminating it, or paying the fee to assign it to them. You are concerned that if they took over the lease and then later could not make payments, you would still be responsible. We cannot use the kitchen equipment in our new flower business, so this makes a good negotiation point for us. Since the chefs will continue in the cooking business we will offer them to amend the lease in their name only in return of getting more capital for our new business. They can keep the kitchen equipment lease in their name if they agree to be paid $3,000 from the capital. This would be the best solution due to the dissolve of the business relationship and the chef’s getting the kitchen space. In conclusion for our exit strategy meeting with the chefs we will dissolve the business $15,000 in capital distribution; $12,000 will go to the entrepreneurs and $ 3,000 to the chefs. In regards to the well known store front, the chefs will take over the lease and pay $500 to amend the names. The van will go to the entrepreneurs and they will take over lease and pay $500 to amend the names. On the equipment the chefs will have immediate use for it and will take over the lease in conjunction with the kitchen space. We feel this is the most fair and best breakdown of the investment for both parties to move forward successfully.

Lightning Mine Vs Archangel :: essays research papers

The Australian novel, Lightning Mine, covers the development of an iron ore mine on a sacred land guarded by “Namarrkon'; in the Northern Territory. MDG/Global mining was very interested in the area, and sent their chief prospector, Aaron Shoemaker to investigate the land. Whilst Shoemaker is there, he sets off a chain of corporate and government tactics to ensure the development of the mine on the Aboriginal sacred site. These tactics, as you can imagine, were not overly fair to the Aboriginal people, and their only hope was through University of Sydney law graduate, Jarra Mariba. Quickly, the development of the themes and issues become clear, especially through the arrogant ignorance of the CEO of MDG/Global corporation portrayed by the author. “No stone is unturned in the name of progress';, states the CEO to Jarra, showing the clear message that nothing will stop the capitalist machine from destroying the sacred land. With full government support, the mine goes ahead, and quickly Shoemaker realises what this will lead to. The corporate tactics continue to ensure a smooth running of the mine, even to the extent of killing Mariba’s wife. The resolution of the book fits in well with the theme. Namarrkon: The Lightning Spirit, the guard of the sacred site, stirs up a freak electrical storm, and totally destroys the mine. Furthermore, the CEO, Sir Peter Gables, gets killed by the storm whilst in a helicopter trying to escape the wraith of the storm. Mariba gets shot, but is amazingly saved by Shoemaker, who is a changed man by this time. What the novel focuses on is that it takes a supernatural event to stop such capitalist progress, but it can happen. My International novel was set in a very different context, present day Russia. The book was extremely well done, and is about the opening of the Soviet achieves. Central to the story, is Fluke Kelso, a middle-aged former Oxford historian who comes into contact with an old NKVD guard who was present during Stalin’s final hours. The former NKVD officer tells Kelso of a little black oilskin notebook which stalin kept close, which lead into a race against time to find the book, as the news quickly spreads. The secrets to Stalin’s life open up, and soon a Stalinist/Marxist fanatic called Mamantov goes in search for Stalin’s famous unknown son, as well as Kelso, and an international reporter wanting a good story.

Mapp vs. Ohio Cort Case

Mapp V Ohio â€Å"The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated,† Mapp V. Ohio (1961) dealt with that very sentence of the constitution. Were the officers at fault or Mapp? This complex question has a complex answer one that puzzled the Supreme Court and led to a change in criminal procedure. The verdict was a strict interpretation of the constitution. The fourth amendment was relevant because the fourteenth amendment grunted due process. It was a very good decision, it protected the black minority who at the time were being routinely harassed and convicted for no reasons. This decision certainly did not stop that but it made it harder for the police to seize evidence unlawfully and put a stop to bad practice of law at the state level. The land mark Supreme Court ruling on Mapp v Ohio changed the way people thought of the fourth amendment and how it could be applied to protect the individual form unlawful search and seizure. Previously the law surrounding the fourth amendment’s protection from unjust searches was extremely enigmatic. Its application varied form case to case until the Weeks rule was enacted in 1914. The Supreme Court ruled that evidence obtained via an illegal search and seizure was not admissible in federal court. However the Supreme Court did not make the states adopt the Weeks rule. The legal loop hole it created made it legal for states to present and prosecute with evidence detained in an unconstitutional tactic. In Mapp v Ohio a case that brought all the questions into the spotlight. On May 23, 1957, three Cleveland police officers arrived at appellant's residence in that city perusing information that â€Å"a person [was] hiding out in the home, who was wanted for questioning in connection with a recent bombing, and that there was a large amount of policy paraphernalia being hidden in the home. † Ms. Mapp was living with her daughter when the police officers arrived and demanded entrance to her home. After consulting her attorney she did not allow them in without a warrant. The officer’s left leaving one man to watch the house. Three hours later the police came back with more officers. After breaking down the door they brandished a piece of paper they claimed to be a warrant. Mapp snatched the piece of paper and stuffed it down her shirt. After a short altercation the â€Å"warrant† was retrieved. Immediately following the confrontation the officers’ embarked on a top to bottom search of the Mapp residence. They found no evidence of the gambling equipment or the suspect in the recent bombing. Frustrated with the fruitless search the police focused on a suitcase they found tucked under a bed. Inside the suitcase were a small collection of pornographic pictures and magazines. In Cleveland it is illegal to possess obscene materials. She was tried and convicted of possession of obscene materials. The constitutional question is whether or not the rights of the fourth amendment are viable in state courts. The fourth amendment gives the people the right to privacy and protects them from unlawful searches and seizures. When the Warren court ruled in favor of Mapp, Justice Clark cited two constitutional amendments that protected Ms. Mapp. â€Å"Since the Fourth Amendment's right of privacy has been declared enforceable against the States through the Due Process Clause of the Fourteenth, it is enforceable against them by the same sanction of exclusion as is used against the Federal Government. He reasoned that because the states had to abide by the fourth amendment’s right to privacy then the exclusionary rule should also be applied to state courts. Clark also addressed the concern of letting a criminal go when he or she is legally not guilty because of the excusatory rule, â€Å"it is the law that sets him free† and that â€Å"nothing can destroy a government more quickly than its failure to observe its own laws. † The law must be observed in all instances where it is viable. In the case of Mapp v Ohio the Warren court overturned her conviction by a vote of 6-3. Justice Clark wrote the decision and argued because the fourteenth amendment guaranteed protection in state court then the fourth amendment excusatory rule was clearly enforceable in state court. Clark cited the fat that 26 states had already adopted the excusatory rule. The Supreme Court could no longer trust the state courts to manage themselves. With discrimination and ill practice extensively practiced throughout the states the population was becoming tired of it. The bulk of society was ready for this ruling years before it occurred. Justice Clark had a history of dealing with fourth amendment cases ruling in favor of the defendant in United States v. Jeffers. The counter argument to the verdict was described by commentators as â€Å"the most significant limitation ever imposed on state criminal procedure by the Supreme Court in a single judgment. † Clamming that â€Å"justice would be obstructed and limited by procedure† The court’s decision to find Mapp innocent was a liberal ruling. When the ruling was made many police officers did not respect blacks. Mapp was a black women and that was a big part of the case. In that time it was acceptable to search and seize Negros belongings without a warrant and it was done on a regular basis. It was liberal because it protected the minority taking power away from state governments and greatly limiting the ability for the police to gather evidence in unlawful ways. When the verdict came to fruition many of the states fighting this verdict were also heavily opposed to the Brown vs. Board of Education case. The connection being that these racist states were worried blacks would gain rights and they would no longer be able to seize their belongings unlawfully. Once again this law took power away from these racist state governments and gave power to the blacks who were regularly- being harassed and having there belongings searched and seized. Illegal search and seizure has been an issue that plagued the court system for years. Flurries of cases were brought to the Supreme Court before and after Mapp vs. Ohio case. Many cases were decided in favor of illegal evidence being applicable in court. Such as Carroll v. United States 267 U. S. 132 (1925) a case that denied the suppression of evidence because it was illegally seized. George Carroll and John Kiro were arrested for the transportation of alcohol in violation of the Volstead Act (national alcohol prohibition) and subsequently convicted. The Supreme Court upheld the decision by a vote of 6-2. Weeks v. United States 232 U. S. 383 (1914) created the excusatory rule and was the first trial where evidence was deemed to be not viable in court because of the way it was gathered. The excusatory rule has been dumbed down a lot from its original scope and applications, several cases have limited the fourth amendment in court. United States v. Calandra, 414 U. S. 338 (1974) limited the rule by allowing evidence to be used to convict a man who was a loan shark. They had a warrant to search and seize gambling paraphilia, when an officer discovered and seized several documents relating to a loan shark operation. When he was being tried for this offense Calandra attempted to suppress the evidence because it was not specified in the warrant. The Supreme Court ruled that it was appropriate for use in the court. Justice Powel mad the decision, Powell limited the scope of the exclusionary rule in holding that it did not limit the government's ability to use illegally seized evidence in â€Å"all proceedings or against all persons†. Holding that the duties of a grand jury would be substantially hindered by allowing a witness to invoke the exclusionary rule while offering only a minimal limiting effect on police misconduct. Although no cases completely overturned the Mapp v. Ohio ruling several more cases did limit the power of the rule in favor of the greater good and not allowing criminals to walk because of a procedural issue. The overall impact of Mapp v. Ohio is immeasurable. The American people won a victory for privacy and seriously limited police’s ability to gather evidence. This was a good interpretation of the constitution. The fourteenth amendment clearly states that everyone is entitled to the due process of law, â€Å"nor shall any State deprive any person of life, liberty, or property, without due process of law; nor deny to any person within its jurisdiction the equal protection of the laws. † Thus making the fourth amendment applicable in state courts.

The Philosophy Of Student Diversity - 941 Words

Philosophy of Student Diversity As an inspired teacher of secondary education /special education, one of the ideas that most appealed to me was working with students of various ages and learning abilities. I’ve come to realize even more so now with the changing demographics in U.S. schools that we are becoming a very diverse population. Within my classroom student’s differences may consist of their academic level, cultural background, personality, religious beliefs, and the list goes on. Hence, in today’s classroom as a teacher it is important that I embrace, model the attitude to my students, and make positive use of diversity. When educators value diversity, we recognize and respect the fact that people are different and that these differences are generally a good thing. For example, when attempting to solve a problem, it is better to assemble a diverse team with many skills and many different ways of approaching the problem than it is to assemble a team that has all their strength concentrat ed in one area. If a student feels uncomfortable, unsafe, or not respected, then their chances of success in my class dramatically decrease. Therefore, as an educator I must provide students with an environment that is conducive to learning. I have a number of roles in my classroom; valuing diversity is one of the most important ones a teacher must fill. Establishing respectful relationships within my classroom is something I will make a priority from the first day of class until theShow MoreRelatedMy Philosophy Of Education As A Education864 Words   |  4 PagesEvery teacher has a different idea of how and what their students should learn. Therefore, every teacher has a different philosophy of education, and what purpose education serves in a child’s life. The five philosophies of education that we recognize are: Essentialism, Perennialism, Progressivism, Social Reconstructionism, and Existentialism. I would most recognize my philosophy of education as Essentialism. Essentialism has been a dominant influence in American education since World War II. ItRead MoreSchool Curriculum And The Early Years Learning Framework972 Words   |  4 Pagesenvironments that promote learning for all students in a classroom and to do this they must acknowledge issues of diversity and difference and know how to approach these issues. There are two key documents that guide educators in their planning and implementation of curriculum; The Australian Curriculum and The Early Years Learning Framework. Using these two documents to create learning programs, educators must enact an inclusive curriculum that empowers all students, regardless of differences. 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Throughout my study in my education class and past experiences, my mind was expanded and I acquired sufficient knowledge to develop my own concept of my personal philosophy of education. First, I will clarify the reasons why I choose the profession of being an educatorRead MorePersonal Philosophy Thoughts And Beliefs Follow By Howard Gardner1191 Words   |  5 PagesLastly, my philosophy thoughts and beliefs follow that of Howard Gardner. Gardner’s work in education suggests that everyone has multiple intelligences that aids in the way that they learn. He believes that because everybody processes information in different ways, then their learning and understanding will differ as well. Gardner’s Multiple Intelligence theory mentions seven main ways in which he believes that students learn. These multiple intelligence include visual-spatial such as visual aidsRead MoreSummary Of The Tenets Of Waldorf Curriculum983 Words   |  4 PagesThe Waldorf Education curriculum, founded by Radolf Stainer, is based on his educational philosophy, anthroposophy. This philosophy is described as critical idealism. The ideal philosophy treats the child as a spirit a nd the education approach/practice aims at liberating the spiritual essence of the child to remove any hindrances and obstacles and ensure that the inherent childs talents are exposed for later service of humanity. The pedagogy of Waldorf involves the gradual and natural unfoldingRead More My Student-centered Teaching Philosophy Essay690 Words   |  3 PagesMy Student-centered Teaching Philosophy What makes a good teacher? There are many factors that determined the answers to this question. The most dominant factor is the teaching philosophy. It plays a significant role in the teaching career because it determines what the teacher will teach and how he/she will teach. Personally, my teaching philosophy will be student-centered with the combination of three related theories, and emphasis on each student’s individual needs, and teachingRead MoreEducational Manifesto: The 21st Century Classroom895 Words   |  4 Pagesclassroom (IES, 2010). What does this mean for the contemporary teacher? Certainly, no teacher can be expected to know every language, or be familiar with every culture from every student. However, is that what is meant by diversity in education or necessary to be effective as a modern teacher? In essence, the idea of diversity in the classroom is to operate with the idea of a global village and overlap in cultures within the microcosm of the classroom. This means simply that the modern educator be sensitiveRead MoreThe Philosophy Of Azure College A Nursing Institution1159 Words   |  5 Pagesthe nursing theories, and the nursing philosophy. Among of these three, the nursing philosophy is the one that really identifies the nursing mission, and the fundamental evidence-based practice of nursing. In this case, many health organizations include nursing schools design a nursing philosophy which develops the concept of their existence, their mission statement, and their visions to the society in which they are serving to. In this paper, the philosophy of Azure College a nursing institution

What Is Reciprocal Socialization Means And Give 1-2...

1. Describe what reciprocal socialization means and give 1-2 examples that might demonstrate it. Reciprocal socialization is the process by which children and adolescents socialize parents, just as parents socialize them (pg. 260). One example the book given is if the parent is hostile, hostile parenting is associated with negative outcomes for adolescents such as being defiant. I think another example is a client that was mentioned in class she felt as if her existence was the cause of someone’s misery. If her mother never praises her, or tells her that she makes her life miserable, or that life would be easier if she was not born the client responds negatively and cuts herself and feels like a burden. 2. Describe the 4 parenting styles†¦show more content†¦I have walked into apartments where is child is so soiled that its seeping through his diaper and I felt so bad I cleaned him up myself and the mother didn’t even know why I was cleaning him. Indulgent parenting is a style in which parents are highly involved with their adolescents, but place few demand or controls on them. These parents allow their adolescents to do as they please. These parents feel that if they give their adolescent this freedom that it will produce a creative, confident adolescent when really it creates social incompetence. 3. Describe the 4 types of attachment as discussed in your text (there is secure and then the 3 types of insecure) It been found that is psychologically healthy for adolescents to be attached to their parents. John Bowlby and Mary Ainsworth argue that secure attachment in infancy is central to the development of social competence (pg. 274). Insecure attachments can lead to difficulties in relationship and developmental problems. The book defines secure attachment as an attachment pattern in which infants use their primary caregiver as a secure base from which to explore the environment. 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Again, his type explains these traits of Tony’s â€Å"thinking† and â€Å"judging† personality; he finds it easy to be firm-minded and give criticism, brief, concise and impersonal, uses pros and cons lists, doesn’t like surprises, resist or does not notice change, and wants advanced warning. As a top manager his thinking process is great for following rules and procedures, but as a leaderRead MoreHuman Resource Management: Multiple Choice Questions7204 Words   |  29 PagesChapter 16 Student: ___________________________________________________________________________ 1. According to the opening case, Molex now operates some 50 manufacturing plants in 21 countries. From that base, _______________ of its $2.5 billion in annual revenues are outside of the United States. A. 25 percent B. 45 percent C. 65 percent D. 75 percent E. 85 percent 2. Molex, according to the opening case, can be best described as having a A. geocentric policy. B. polycentric policy. 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The Causes And Effects Of Child Abuse - 1044 Words

The Causes and Effects of Child Abuse Child abuse is when a parent or caregiver, whether through action or failing to act, causes injury, emotional harm, and risk of serious harm or even death to child. There are four main categories of child abuse: physical, sexual, and emotional and neglect. Each type of abuse has many different signs to show a child is danger. There are many reports of child abuse reported a year in the US. If anyone suspects any sign of child abuse authorities should be notified so the proper action can be taken. Physical abuse includes visible injury such as broken bones, bruises, cuts, scratches, brain damage, sprains, or even death. Sexual abuse can be contact or non-contact. Signs for a child being sexually†¦show more content†¦Everyone has their own way of dealing with different situations and some just turn to child abuse as one form of escaping their problems. Some demographic factors are the age of the parents. The child’s parents might be at such a young age where they don’t understand the whole parenting situation and do not want to turn to anyone for help. The sex of the parent might make a difference as well (Child Help, 2015). A father might be more prone to child acts of child abuse rather than a mother. The sex of a child might play a role as well. Say if a parent wants a daughter but gets a son instead they might not be happy about it and take it out on the child. A parent’s social skill might make them not be in the right state of mind to care for their child. They might be living in an unstable environment or have unstable finances (Joyful Heart Foundation, 2015). Parents might have stress between each other and decide to take it out on the child or just might abuse their child if they were once abused themselves as a child growing up. Depression and substance abuse can play a big role as well. After a situation of child abuse there might be many different outcomes. There will automatically be a relationship between the Criminal Justice System and Child Protective Services for any case reported. Every report will be investigated by CPS, CJS,

Launch of a New Product Line For a Company -myassignmenthelp

Question: Discuss about theLaunch of a New Product Line For a Company. Answer: Introduction The launch of a new product line for a company is an essential activity for every organization around the global marketplace. Every company has the product mix, which often consists of hundreds of products that are continually evolving. The evolution includes the old products dying, products that are reaching maturity, products that contribute to rapid growth along with new products produced to reach the loyal together with targeted customers. To achieve a live and enduring launch of a new product line for a company, it requires far-sighted and related development program that directs innovation in line with the objection of the business strategy of a given company (Beard Easingwood 2016, p. 101). Moreover, the advancement of a program for the dispatch of another product offering for an organization incorporates item change, product-offering expansion, and item relaunch, together with item development. The dispatch of another product offering for an organization includes each segmen t of the organization appropriate from its administration to the machine administrator in the line. The launch is profitable if there is an integrated company operation (Liu Schivaldi 2011, p. 632). There is a need for integrated knowledge of the company and its management based on appropriate communication and sympathetic, along with informed leadership. Therefore, this primary aim of this research paper is to show how a company can appropriately launch a new product line. Important traits of project and the process-managing project The launch of a new product line for a company covers not only the technical investigation, but it also includes the total advancement of the use of technology of the company. It also covers the operations of the internal organization, the market activities, and marketing, the customers along with consumers, the technological ambiance that surrounds the business such as competitors. Besides, the launch of a new product line for a company takes into consideration the social and physical environment in which a given company operates. The company has to form the capacity of interrelating its expertise and knowledge with the sophisticated ambiance that surrounds its operations leadings to the successful launching of a new product line (Tang Colla 2012, p. 26). Moreover, there is a need by every company during the launch of the new product to recognize if they lack some of the essential knowledge of the total technology advancement as well as the resources of finding the best techniques to use in launching its new line of products. Therefore, companies have to be selective of the knowledge along with skills that they collect, but they need still to ensure that process of making decision involve the use of advanced technology (Watson 2016, p. 1). The selection of expertise prior the launch of the new product line by the company consist of tactic knowledge already held by employees and employers within the company and advance experience from the outside the company together with expertise from market and product investigation. The management process has to focus on the cultures of the company and the individuals. The focuses on such cultures have the substantial impact on the program of the launching of a new product line for a company. A company might experience different cultures during the launch of a new product line like the high risk or low risk, tactic knowledge users, casually organized or bureaucratically organized, democratic or autocratic among other cultures in creating different types of launching products that comprise of different types of innovations. Some of the customs during the launch might be entirely correct for the time and the place, but organizations need to be fully aware of the decisions they have to make (Talke ColavelliOConnor 2011, p. 953). The team must also understand the influences that affect those decisions, and maybe the need to change such decisions during the launch of a new product line for a company. Therefore, acquisition of new knowledge on the advancement of tech nology aid in improving the cooperations as well as communication, the establishment of new criteria for the development of new product lines, and enhancing different strategies of business regarding innovation (Launch of new company represents more than a change of name 2013, p. 280). Hence, it is essential for every organization to study the degree of innovating products that they achieve during the past few years and then relate the results to some of the critical factors to the successful launching of a new product line. Basic attributes expected of the venture chief and difficulties of overseeing venture in the worldwide business condition Propelling of the new product offering is not what applies to be the place before the basic dispatch date, a venture director would take off and meet with journalists from all the fundamental press outlets. In the wake of propelling, most undertaking chiefs would sit back to watch the articles come in the commercial center (Maus 2015, p. By and by, the pace has gotten numerous constraints just by the speed of light. In addition, the new scene of the media consolidates far less huge outlets as it contains fewer thinned down productions alongside the unnecessary measure of specific sorts of ads. The managers can accomplish the activities of producing quality products for launching by creating the marketing program as well as the comprehensive network of distribution using the brick together with mortar retail outlets, the presence of internet, and the catalog for consumers (Nazar Rakotomahefa 2016, p. 319). The utilization of the multi-channel approach by project managers will enable them, to reach to the niche marketplace for quality personal care products faster and efficiently. The project manager must be someone who can develop crucial several development points like the formation of initial conceptualization of business throughout some form of business plan, creating the initial business processes by applying some form of managing project, launching the project and re-conceptualizing the company as it starts to decline. The significant challenges in managing the project of the launch of a new product line for a company continues to be competition in the marketplace, advancement of technology, shifting in prices, and consumer behaviors. Most global markets experience competition where many companies produce similar products and this make it more difficult for the launching of related products by a different company. The company that launches a new product line might fail to attain huge profits because the already established products in the market might have the best quality as per the requirements of the customers and consumers. Besides, development of technology remains to be the most challenging task that every company has to deal with while launching its new product lines (Talke Colarelli O'Connor 2011, p. 951). Every company must ensure that they embrace the use of advanced technology to reach a massive number of people around the global society. The need to have the technological usage for adv ertisement and communicating with customers about the new product line makes the company utilize massive sum of money. The money used in the ad could have well been applicable in producing more product lines. The use of venture arranging gadgets, for example, Charts of Grant, Critical Path Technique, Plan Evaluation along with Review Technique (PERT), as well as Project of Microsoft The project managers must focus on the use of project planning tools in designing, analyze, as well as representing the different tasks involved in the launching of the new product line. Charts of Grant, Critical Path Technique, Plan Evaluation along with Review Technique (PERT), as well as Project of Microsoft, as tools for project management and evaluation are essential as they assist the manager to understand the time needed to complete every task. The devices also help the project manager during the launching of the new product line for the company to be able to identify the minimum duration required to complete the total activity during launching. Besides, the use of Program Evaluation and Review Technique (PERT) incorporates doubt by creating it necessary to plan although not understanding exactly the facts together with time of all the operatioms (Capatina Draghescu 2015, p. 1). The utilization of arranging apparatuses influences the way toward propelling new item to line to be a greater amount of an occasion situated system, instead of begin and culmination situated. Therefore, project managers have to use these projects tools in the launching of the companys new product lines especially where the time continues to be the dominant factor rather than cost (TFP announces new product launch 2016, p. 356). The use of venture arranging gadgets apply to enormous scale, complex, one-time, non-routine infrastructure, as well as in researching and developing projects for launching a new product lens for any given company. Additionally, the use of Grant Charts helps the manager to follow every procedure in launching the companys product lines (Fili 2014, p. 321). For instance, the use of Grant Charts allows the managers to focus on critical path analysis where they cannot start some activities until they finish others prior launching of the new products of the company to the global marketplace. Surveying the undertaking design with specific accentuation on distinguishing and overseeing venture dangers For every project, experienced managers must use well established methodologies of managing any occurrence of project risks. Some of the methods that can be applicable in handling and identifying project risk include project management body of knowledge (PMBOK) or PRINCE2, or they can use in-house methodologies that are particular to the company. The applied techniques of managing and identifying project risks must have some differences in emphasis that the company tends to use slightly different terminology (Browning 2014, p. 231). Besides, the plans must share some key features such as delivering of projects in stages and specific shared processes of managing the launch of new product lines that run across every phase of operation. The first step remains to be the creation of an efficient system of managing the risk that aid in understanding the qualitative distinctions among various types of risks faced during the launch of new product lines by the company (Beard Easingwood 2016, p. 102). The danger faced during the launching of the project falls into different categories such as preventable risks, strategy risks, and external risks. The management of risks requires entirely different structurals and roles for the risk-management duties, but all forms of governance must encourage employees to challenge existing assumptions along with debate information concerning such risks. How effective best practice of employing project management techniques using real-life products as learning tool Skills for project management used for launching the new product line for the company remains to be the essential guide for the project towards finishing line. It stands at the correct place, right from its initial kickoff to final sign-off. Besides, continuous improvement channels from the real life products are sprouting up all over as companies strive to better their operations and gain the edge (Cevc 2014, p. 120). Using real-life product as learning tools, the project manager for the launching of the new product line for the company can borrow tips to improve their operations. Some of the suggestions include the need for finding out who is the reality in charge of operations, establishing the standard understanding towards success, clarifying objectives of the projects, identifying technological issues that affect services and having the practical plan. Moreover, using the real-life product as the learning tool, project management can efficiently employ best practices for planni ng like the establishment of the realistic schedule for the launching of new project lie of the company (Kozak-Holland Procter 2014, p. 249). The company can also use the new learning tool in attaining the right persons to support its operations and keep the project of launching new product lines to move forward. Besides, project management can use the real-life project as a flexible process to plan by ensuring that each operation stays sufficiently adaptable to deal with the inescapable changes that will happen without welcoming the confusion of uncontrolled changes along with extreme scope clamber (Debruyne 2012, p. 168). Therefore, the use of the real-life product as the learning tool by the project management during the launch of the advance invention line of the organization remains to be the best practice as it aid in establishing the active process of reviewing production and operational activities. Conclusion It is essential for project managers from time to time, to study the degree of innovation of different product lines for launch achieved during the past few years. The relation of such past operations by the company will form the critical basis to the successful introduction of the new product line. The administration also has the mandate of coordination of product, processing and market survey on best models to use in the launching of its products. There is a need for the project management to evaluate the marketplace in the early stages and prior launching of projects. Lists of References Beard, C. and Easingwood, C. (2016). New product launch: Marketing action and launch tactics for high-technology products. Industrial Marketing Management, 25(2), pp.87-103. Browning, T. (2014). Managing complex project process models with a process architecture framework. International Journal of Project Management, 32(2), pp.229-241. Capatina, G. and Draghescu, F. (2015). Success Factors of New Product Launch: The Case of iPhone Launch. International Journal of Economics and Finance, 7(5). Cevc, G. (2014). 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