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Our Small Business Snapshot series features photos that signify, in just one picture, what the small businesses we function are all about. Jen Lewis, government director of Purse & Clutch , a web based boutique based in 2011 that sells fair trade purses and accessories, explains how this image represents her enterprise.

After the Financial institution of Namibia scrutinised the business fashions of both H&C and TVI Categorical in opposition to the related provisions of the Act, the Financial institution of Namibia concluded that the enterprise operations of the 2 above-famous schemes place substantial emphasis on recruitment of members to those schemes. In this respect, the schemes provide profitable incentives to the contributors, calculated primarily on the idea of the variety of individuals or members they recruited into the schemes. It’s evident that these recruitment-based incentives function a bait to draw potential contributors into joining the schemes, with the prospect of constructing simple money by recruiting others.

A wide range of phrases have been used to describe this: crowd-sourcing, knowledge of crowds, peer production, wikinomics (Benkler, 2006; Howe, 2008; Surowiecki, 2004; Tapscott and Williams, 2006). Malone et al. (2009) counsel that the phrase collective intelligence” is the most helpful to describe this phenomenon, which they broadly define as groups of people doing issues collectively that appear intelligent. I counsel that micro-blogging techniques that enable tens of millions of people to speak instantly, share and focus on occasions are an expression of collective intelligence.

Germany-primarily based Volkswagen, quantity two automaker in the world, gets the nod as company newsmaker of the yr, for all of the flawed reasons. Knowingly circumventing the air pollution-management units on thousands and thousands of your personal diesel autos was a technique of impressed daring and brief-sightedness (not to point out authorized recklessness). As soon as phrase leaked — make that spewed — out, the company’s worth plunged by billions, and lawsuits started coming thick and fast. Its lawyers are surely (ahem) exhaust-ed. Arduous to think about something that may have disgraced the picture more, in need of using white sealskin as inside trim.

Different, more nation-particular research conclude that hyperlinks/hypertext is just not utilized to its potential in on-line journalism, particularly concerning using target hyperlinks and external hyperlinks (in Scandinavia: Engebretsen, 2006; in Slovenia: Oblak, 2005; in Eire: ‘Sullivan, 2005; in Flanders: Paulussen, 2004; within the United States: Pitts, 2003; in Spain: Salaverria, 2005).