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Artificial Intelligence

WHAT IS ARTIFICIAL INTELLIGENCE?  The term “artificial intelligence” is loosely used to describe the ability of a machine to mimic human behavior. AI includes well-known applications, such as Siri, GPS, Spotify, self-driving vehicles and the   larger-than-life robots   made by Boston Robotics that perform incredible feats. In simple words, (AI) refers to use of robots and computer systems to make decision of expert nature and solve unstructured problems in an efficient way. EXAMPLES OF (AI)? 1.        China is using facial recognition to closely scrutinize its citizens who could be punished for certain transgressions. The country has been accused of using facial recognition to profile Muslims in its Xinjiang region. Recently, there were privacy concerns raised about  face app , the Russian-backed, face-ageing application.   2.       In an effort to save billions of dollars in labor costs,  ...
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Richard Branson

HISTORY Richard Branson was born on July 18, 1950 in Shamley Green, Surrey, England. He struggled throughout his school life due to an as of yet undiagnosed problem of dyslexia. He excelled in sports, serving as the caption of both his school’s football and cricket teams, but it was in business that he found his true calling. His two ventures—growing Christmas trees and raising Australian parrots—were not successful. But the experience he had gained at that age (16) helped him to launch Student Magazine followed by Virgin mail order, which did see relatively more success. NET WORTH Branson started with a simple record store, and built Virgin into an absolute powerhouse, turning him into one of the richest men in Britain. Richard Branson’s net worth is estimated at $5 billion as of 2020. EARLY LEADERSHIP LESSONS Branson’s leadership qualities is the most significant reason behind the success of 350 very different companies. Branson believe that his leaders...
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Effective business planning

\ Effective business planning can determine the success of your business. A business plan can help you secure finance, priorities your efforts and evaluate opportunities . The benefits of effective business plan pay off in the long-term. It may initially seem like a lot of work but it can save your time and money. WHAT SHOULD YOUR BUSINESS PLAN INCLUDES? There is no rule regarding what contents should be the part of your business plan. However in majority of the business plan following contents are at least covered: 1.      Vision, mission and goals 2.      Market research 3.      Operational strategy 4.      Product or product portfolio 5.      Marketing plan 6.      Financial strategy       7.      Business profile                 ...
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