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Personal characteristics of an entrepreneur
Personal characteristics of an entrepreneur
Importance of ethical decision making in business
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Flash of Genius covers Robert Kearns’ story. Dr.Kearns struggled with Ford a huge America car corporate stealing his invention. Dr. Kearns was an entrepreneur inventor that invented the intermittent windshield wiper systems, but didn’t receive credit for it. Throughout the movie we witness the struggles he went through. He lost his married and relationships with his children, but regained later. He wins his settlements, but it wasn’t easy for him. Many entrepreneurs share the same characteristics. Dr.Kearns shared some of these characteristics which were: Risk-Taking, Independent, and Persistent. Through the movie majority of the things he did were risk-taking. The biggest risk he took waas decide to represent himself in court. This was a …show more content…
In Flash of Genius there were many ethical and unethical choices made by the characters. One ethical choice was made by Dr.Kearns fighting to get Ford to be truthful and give him his credit. One unethical choice was made by Ford stealing Dr. Kearns invention. Dr.Kearns knew by continuing with the fight against Ford he would be taking many risk. By taking that risk by fighting against he lost his married and he became mentally unstable. A man that worked for Ford offered him 1 million than 30 million, and he turned down both. Another risk he did was committing something illegal. He choice to steal the motor of the windshield wipers from a man’s car. Lucky he didn’t get in trouble but it’s still wasn’t a smart decision. Both of those risks I wouldn’t have choice. Dr.Kearns had to get money to produce the windshield wipers. He also had to get cost for the patent. He had financial support from Gil Previck his best friend who also owned a Ford dealership. After his patent his invention he believe that he was going to make the money back because Ford was interested, but back out quickly. Dr.Kearns ended up making the money back after he was won the case with Ford and Chrysler. Dr.Kearns didn’t go to fast he thought he had a deal but he should’ve handle it
He was a mysterious unknown figure in the shadows; a slithering serpent in the courtroom. The defense attorney for the Scopes Monkey Trial was a cunning man. Clarence Darrow had difficulty defending his client, John T. Scopes, against his opponent, William Jennings Bryan. To everyone’s surprise however, he proved that he could prevail, even if he was under pressure from the world around him. Though Scopes was found guilty under Darrow, he surprisingly only had to pay a fine of one hundred dollars.
The third point he made is to build a life, not to live a life. This empowered everyone to take their life in their own hands and make it what they wanted. Kutcher states that, “Everything around us that we call life is made up of people that are no smarter than you.” Overall he encourages everyone to work hard, be smart, and build a
Clarence Earl Gideon was arrested in 1961 and charged with breaking and entering a pool hall with intent to commit theft, by taking money out of vending machines. What he did at the time was considered a felony. When it came time to have the trial he did not have enough money for a lawyer and asked that one be appointed to defend him. The judge denied the request saying that under Florida state law counsel can be appointed only in a capital offense. Since Gideon didn’t have a lawyer and was not educated to defend himself he lost easily to the prosecution. Gideon was then sentenced to five years in prison. He then filed out a writ of certiorari, which is a petition of appeal to the Supreme Court of the United States asking for them to review his case. The Court granted Gideon's request and appointed Abe Fortas to represent him as his lawyer.
The most interesting dramatic parts of the film are the contrasts and juxtapositions presented when a janitor from a rough part of town mysteriously solves a very difficult math problem. This opens the door for a sociological examination of why higher education doesn’t really mean that much to a young man who has battled through a hard life and suddenly he is “discovered” and prodded to become an MIT-type person. He can change and grow if he decides that is what he wants, but was beaten down so many times as a kid he is reticent to do what others think he should do – even a psychologist that he learns to
In preparing of the negotiation, the job offer was dissected and each element was assigned a level of importance. The issues which were critical in importance were not relocating to Silicon Valley but remaining in Nashville and the annual salary. To a lesser degree of importance was the signing bonus and stock options. In addition, of least importance was the relocation bonus. With the issues prioritized, I was confident I would not lose perspective during negotiations and agree to less than an ideal contract.
Ethics is a topic that is argued about a lot in today's modern society. Ethics are the bases of standards of what is right and wrong that tell what humans should or shouldn't do. In the story "Flowers For Algernon", Charlie Gordon is a mentally disabled thirty seven year-old man who has difficulty learning and comprehending. Two doctors decide to offer a surgery to Charlie that could change his life forever. The experimental surgery would supposedly help his intelligence level. Charlie Gordons' doctors did not act ethically when they performed the experiment to improve his intelligence.
have a great chance of wining the case, but he tried to do the best that he could to prove
At issue was whether or not the holding of Betts v. Brady should be reversed. Clarence E. Gideon, who was arrested in 1961 and charged for breaking into the Panama City pool hall to commit a felony, under Florida law. Gideon couldn’t afford a lawyer and when Gideon asked for one to be appointed to him, the judge denied his request. The judge said, “Under Florida State Law, counsel can be appointed...
...d inventions. When asked why Carver said “God gave them to me, how can I sell them to someone else?” Carver was never a married man, and in 1940 he gave his life savings of $33,000 to the Tuskegee Institute. As an appreciation to his donation and effort that he brought forth, the money was used to establish the George Washington Carver Research Foundation for agriculture research.
...filiated with DuPont, he would have certainly been at an advantage to fulfill two roles at once, that of a public defender, and that of the defender of his own interests as well.
Judge Flud wrote the majority decision in the case, and found that Carlton was not personally liable for the damages to Walkovszky. Flud also found that in his reasoning, Walkovsky has ?failed to state a valid cause of action against defendant Carlton?. Flud states that if the corporation ...
When Henry Ford was born on June 30th, 1863, neither him nor anyone for that matter, knew what an important role he would take in the future of mankind. Ford saw his first car when he was 12. He and his father where riding into Detroit at the time. At that moment, he knew what he wanted to do with his life: he wanted to make a difference in the automobile industry. Through out his life, he achieved this in an extraordinary way. That is why he will always be remembered in everyone’s heart. Whenever you drive down the road in your car, you can thank all of it to Henry Ford. Through his life he accomplished extraordinary achievements such as going from a poor farm boy to a wealthy inventor who helped Thomas Edison. When he was a young man, he figured out how to use simple inventions, such as the light bulb. He then taught himself the design of a steamboat engine. His goal was to build a horse-less carriage. He had come up with several designs and in 1896, he produced his first car, the Model A. When Ford’s first car came out, he had been interviewed by a reporter and when asked about the history of the car, he had said “History is more or less bunk.” Ford worked in Thomas Edison’s factory for years and the left to become an apprentice for a car-producer in Detroit. While working there, he established how he was going to make the car.
In the moral dilemma of Heinz, the husband of his sick, dying wife is in desperate need of the single cure available, which is her only chance for survival. The researcher who developed this medicine invested money and time in order to create such a cure for this rare case of cancer and wants to make money off of his creation. Heinz does not have the amount of money the researcher is demanding and it is his wife’s only chance to live, so Heinz steals the cure from the researcher’s lab. The question at hand is, did the husband do the right thing by breaking into the lab to steal the drug.
proof for the law to believe him. Due to him being a lawyer, he has
The potential repercussion that he could face from taking either Job A or B is that the ventures could become unprofitable and Armstrong may continue to invest futile capital in an attempt to rectify it. Job C may also become filled by another person. With Jobs A and B, he is trading off the potentially enormous profit for the possibility of losing all his capital. In his perspective, Job C would provide him with job security at the exchange of amusement. The uncertainties he is facing with Job A and B are their profitability and whether he would be to create prosperous connections. Due to the fact that he would be willing to invest $300K, it can be said that Armstrong is risk-loving, but his wife’s comments suggest she is risk-averse. It could be possible that in the future by choosing Job A or B, he would lose all his capital and make it difficult to invest in other