A Diamond Personality Case Study Solution

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Diamonds

...Until the beginning of the eighteenth century all known diamonds came from the Golconda region near Hyderabad in India. Pliny wrote an incredible account of how diamonds were found in an inaccessible valley. The locals threw meat into the valley and the diamonds stuck to it. Eagles carried off the meat to their nests from which the diamonds were recovered. At their peak the Golconda diamond fields probably supported many thousands of workers but were practically exhausted by the late seventeenth century. In 1844 diamonds were discovered in Brazil and for a while the Chapada Diamantina, or Diamond Highlands, in the state of Bahia, became the diamond capital of the world attracting prospectors and adventurers in the same way that the California Gold Rush did. A series of major diamond finds in South Africa from 1867 onwards, coinciding with a decline in production in Brazil, soon made it by far the biggest source of diamonds. As in Brazil and Indian the first finds were alluvial but by 1869 diamonds were being mined in South Africa. Their value depended on their rarity and Cecil Rhodes realised that if suppliers competed against each other that would be threatened. By the end of his short life Rhodes had gained control of the diamond mines and extended British rule over much of southern Africa. Mark Twain said of him that when he stands upon the Cape of Good Hope, his shadow falls to the Zambesi (Twain, 1904). One area that was not under British rule was South-West Africa...

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Diamond Personality

...CASE I A DIAMOND PERSONALITY Ask Suraj bhai about the dot-com burst and he may grin at you as if to say, ``What burst?’’ Suraj bhai, a 38-year-old entrepreneur, owns an Internet business that sells loose diamonds to various buyers. Business is becoming for Suraj bhai. In 2004, he had sales of INR 3,500 million. Needless to say, Suraj bhai is optimistic about his business venture. The future wasn’t always to bright for Suraj bhai, however. In 1985, Suraj bhai moved from his native town Suraj, to New Delhi, with little ability to speak English. There, he attended language courses and worked at the local mall to support himself. After graduation, his roommate’s girlfriend suggested that he work at a local jeweler. ``I thought she was crazy. I didn’t know anything about jewelry,’’ says Suraj bhai, who took her advice. Though he worked hard and received his Diamonds and Diamonds Grading certification from the Gemological Institute, he wasn’t satisfied with his progress. `I quickly realized that working there, I was just going to get a salary with a raise here and there. I would never become anything. That drove me to explore other business ventures. I also came to really known diamonds – their pricing and their quality.’’ In 1997, tired of working for someone else, Suraj bhai decided to open his own jewelry store. However, business didn’t boom. `Some of my customers were telling me they could find diamonds for less on the Interest. It blew my mind’’ Surajy bhai......

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A Diamond Personality

...carries equal marks CASE I A DIAMOND PERSONALITY Ask Suraj bhai about the dot-com burst and he may grin at you as if to say, ``What burst?’’ Suraj bhai, a 38-year-old entrepreneur, owns an Internet business that sells loose diamonds to various buyers. Business is becoming for Suraj bhai. In 2004, he had sales of INR 3,500 million. Needless to say, Suraj bhai is optimistic about his business venture. The future wasn’t always to bright for Suraj bhai, however. In 1985, Suraj bhai moved from his native town Suraj, to New Delhi, with little ability to speak English. There, he attended language courses and worked at the local mall to support himself. After graduation, his roommate’s girlfriend suggested that he work at a local jeweler. ``I thought she was crazy. I didn’t know anything about jewelry,’’ says Suraj bhai, who took her advice. Though he worked hard and received his Diamonds and Diamonds Grading certification from the Gemological Institute, he wasn’t satisfied with his progress. `I quickly realized that working there, I was just going to get a salary with a raise here and there. I would never become anything. That drove me to explore other business ventures. I also came to really known diamonds – their pricing and their quality.’’ In 1997, tired of working for someone else, Suraj bhai decided to open his own jewelry store. However, business didn’t boom. `Some of my customers were telling me they could find diamonds for less on the Interest. It blew......

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Diamond Personality Paper

...INTRODUCTION Content (or need) theories of motivation focus on factors internal to the individual that energize and direct behavior. In general, such theories regard motivation as the product of internal drives that compel an individual to act or move (hence, "motivate") toward the satisfaction of individual needs. The content theories of motivation are based in large part on early theories of motivation that traced the paths of action backward to their perceived origin in internal drives. Major content theories of motivation are Maslow's hierarchy of needs, Aldermen’s ERG theory, Herzberg's motivator-hygiene theory, and McClelland's learned needs or three-need theory. DEFINITIONS Motivation is one of the most frequently researched topics in Organization Behavior. The term motivation is derived from the Latin word movere, meaning "to move." Motivation is the study of why people think and behave as they do. It is the driving force behind human behavior. It is the forces acting on or within a person that cause the arousal, direction and persistence of goal-directed, voluntary effort. Many people incorrectly view motivation as a personal trait that is, some have it and others don’t. In practice inexperienced managers often label employees who seem to lack motivation as lazy. Such a label assumes that an individual is always lazy or is lacking in motivation. Knowledge of motivation tells us that this just isn’t true. Think about Kim Jong II. The man is highly motivated, just...

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Research on Diamond

...the buying behavior of customer based in Ahmedabad of various diamond ornament brand like Asim, Tanisque, Gilli gold, etc Research question (1) While purchasing Jewellery what kind of Jewellery you love to wear? ( ) Branded ( ) Unbranded ( ) Both (2) Which Brand’s Jewellery you love to use the most? ( ) D’damas ( ) Gili Gold ( ) Sangini ( ) Nakshatra ( ) Asmi ( ) Others (3) Do you prefer diamond in your Jewellery? ( ) Yes ( ) No (4) In Which Jewellery You prefer the Diamond the most? ( ) Earrings ( ) Rings ( ) Penndel’s ( ) Bracelets ( ) Neckles (5) While purchasing the diamond jewellery which factor you consider? ( ) Price/ Cost ( ) after sales service ( ) Durability ( ) Colour ( ) Size ( ) Shape Variety/ Design ( ) Others (6) Are you satisfied with the brand of the jewellery you own? Highly Dissatisfied _________________________ Highly Satisfied 1 2 3 4 5 (7) On what occasion you love to purchase Diamond Jewellery? ( ) Special Occasion ( ) Festival ( ) Marriages ( ) Price Decline If Others Specify: _____________ (8) How much do you love to spend in Diamond Ornament at the time of Purchase? ( ) Below 100000 ( ) 100000-500000 ( ) >50000 (9) Rate the following Diamond Ornament brand based on the given criteria. (5=......

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Diamond Ethics

...Diamond Ethics Blood Diamonds, also referred to as conflict diamonds, are diamonds that derive from areas controlled by forces or sections opposed to lawful and internationally recognized governments, and are used to fund military action in resistance to those governments, or in breach of the decisions of the Security Council. These radicals sell these diamonds, and the money is used to acquire weapons or to fund their military actions, and used to bribe foreign officials. Blood Diamonds are often created through the involuntary strained labor of men, women and children. They are also stolen during delivery or stolen by attacking the mining operations of lawful manufacturers. These assaults can be on the extent of a large military operation. The stones are then smuggled into the international diamond trade and sold as legitimate gems. These diamonds are often the main source of funding for the radicals, however, weapons businesses, smugglers and dishonest diamond traders enable their actions. Vast amounts of money are at stake and kickbacks, intimidation, torment, and murder are methods of maneuver. This is why the term "blood diamonds" is used. That diamond tainted and terminated many lives and the report of that stone bears a strong ethical significance. Angola Angola gained independence from Portugal on November 11, 1975. Although independent, the Popular Movement for the Liberation of Angola (MPLA), the National Union for the Total Independence of Angola (UNITA), and...

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Blood Diamond

...ENGL 1157 05/05/2013 Blood Diamond I think, Blood Diamond could have been little shorter. While the film includes a number of political and sociological insights, the story is tepid and loses momentum as the storyline bogs down. The main character, played by Leonardo DiCaprio, has an effective arc that is believable because it does not force him to act contrary to his nature, but it takes a long time for Blood Diamond to get us to DiCaprio's moment of recognition. Pacing issues aside, this is a well constructed movie and clearly the product of a director who understands how to make a top-notch motion picture. It looks great and sounds great. If only Edward Zwick's mastery of the medium had extended to pruning the screenplay and editing the final result, Blood Diamond might have been a great film rather than one worthy of only a lukewarm recommendation. The story takes place in 1999 Sierra Leone, when the country is embroiled in a civil war. In this case, it's hard to determine which side is worse: the government or the rebels. As is often the case in this sort of bloodbath, atrocities abound and it's the innocent farmers and villagers caught in between who pay the price. Diamonds, one of the country's largest exportable commodities, are being smuggled out and purchased on the open market despite a supposed international ban on the purchase of so-called "conflict diamonds" or "blood diamonds." This historical background is accurate, although the three primary......

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Report on Argyle Diamonds and the Diamond Industry

...Report on Argyle Diamonds and the Diamond Industry 1 INTRODUCTION India was the only known source of diamonds before the eighteenth century when diamonds were discovered in Brazil. The modern diamond industry was born in 1867 when diamonds were discovered in the Kimberley region of South Africa. The De Beers mining company was formed and they controlled 80-90 per cent of the rough diamonds entering the diamond market. The De Beers share of the diamond market fell in the 1990’s when the Soviet Union moved to a free market economy as Russian diamond mining companies were selling their diamonds on the open market. The Central selling Organisation (CSO) controlled by De Beers is responsible for regulating the price of diamonds on the market and marketing a large percentage of the world’s diamonds. The CSO protected the dominance of the diamond cartel but this monopoly was challenged by Argyle Diamonds when they refused to renew their marketing contract with De Beers. Argyle has been characterised by low value coloured diamonds, however their highly sought after pink diamonds has successfully differentiated their products from other diamonds the in the market (Vinciullo, Annear and Disbury, Not dated). 1.1 AIM OF THE ASSIGNMENT The aim of the assignment is to research and analyse the diamond industry and to evaluate Argyle Diamonds’ strategic position in the diamond industry. 1.2 OBJECTIVES OF THE ASIGNMENT • To research and evaluate competition in the......

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Diamonds

...of providing goods or services. 4. The currency in which receipts from operating activities are usually retained. 5. Whether the activities of the foreign operation are carried out as an extension or are autonomous. 6. Whether transactions with the reporting entity are high or low proportion of the foreign activities 7. Whether the cash flows of foreign operation directly affect the cash flows of the reporting entity. 8. Whether the cash flows from the activities of the foreign operation are sufficient to service debt obligations. As a result the dollar, due to international regulations, is the currency for transactions involving diamonds,Sparkle must comply the law, but the dollar and countries that use it as their primary currency does not significantlyinfluence prices of diamonds since it is regulated and the main market for diamonds is located in Belgium countryusing the euro as primary currency. In this case, Sparkle would be in a situation where the volatility of the dollar could affect their overall performance, however to mitigate this risk, it may enter into forward or options contracts to ensure a steady cash flow. Another important point is that labor and operating expenses are determined in NGN. The expenditure for theacquisition of the machinery is an isolated incident and should not affect the cash flow at all because this is paid to a parent. The income generated by Sparkle is held in Nigeria under mutual agreement of the parents. In addition......

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Diamond Sutra

...and clarity of mind by absorbing and dwelling on the teachings I am about to give." Then the Buddha addressed the assembly. Chapter 3. "All living beings, whether born from eggs, from the womb, from moisture, or spontaneously; whether they have form or do not have form; whether they are aware or unaware, whether they are not aware or not unaware, all living beings will eventually be led by me to the final Nirvana, the final ending of the cycle of birth and death. And when this unfathomable, infinite number of living beings have all been liberated, in truth not even a single being has actually been liberated." "Why Subhuti? Because if a disciple still clings to the arbitrary illusions of form or phenomena such as an ego, a personality, a self, a separate person, or a universal self existing eternally, then that person is not an authentic disciple." Chapter 4. "Furthermore, Subhuti, in the practice of compassion and charity a disciple should be detached. That is to say, he should practice compassion and charity without regard to appearances, without regard to form, without regard to sound, smell, taste, touch, or any quality of any kind. Subhuti, this is how the disciple should practice compassion and charity. Why? Because practicing compassion and charity without attachment is the way to reaching the Highest Perfect Wisdom, it is the way to becoming a living Buddha." "Subhuti, do you think that you can measure all of the space in the Eastern......

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A Diamond Personality

...A Diamond Personality Annette Neblett University of Phoenix Managing Criminal Justice Personnel CJA 473 Michael Kanaby September 09, 2011 A Diamond Personality The case study titled “A Diamond Personality,” speaks of Oscar Rodriquez and how he became successful. Oscar Rodriquez lived in Puerto Rico, he moved from a non-English-speaking country to an English-speaking country. He came to the United States with a dream and goal. He went to school to further his education, and he worked at the local mall. Mr. Rodriquez was in the right place at the right time because of what happened to him and how he became successful. His can contribute his success to the advice given him from his roommate’s girlfriend. She sparked his interest in selling diamonds; she suggested that he should work in the diamond business. Mr. Rodriquez decided to work for a local jeweler. He had a goal in mind and continued to strive toward that goal. He continued his education and received his Diamonds and Diamonds Grading certification. In his current job Mr. Rodriquez realized that by working with the local jeweler, he would not achieve his goal. He began to explore other business options, and learned everything he needed to know about diamonds. Mr. Rodriquez grew tired of working for other jewelers and became discouraged. “He told himself that he would never become anything if he continued to work in his present job” (The Gainesville Sun, 2008, p. 2). When he decided to......

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A Diamond Personality

...Running head: DIAMOND PERSONALITY Diamond Personality 11/09/11 Belinda There are a few principles for positive interpersonal communication that I see as very important. There is a sense of the richness of communication on a face to face level, is much more effective and personal. You experience the conversation on a higher level. You are physically seeing the facial expressions, body language, and movements of the person in which you are sharing this conversation with. In my culture, we kiss and hug each other at each visit. This means a lot in my culture, it makes your conversation much more meaningful. In relationships you allow yourself to advance to a much more intimate and personal level when you spend time together, in person. I believe that at work we create a option to work closer as a team by meeting in person, rather than through email or video conferencing. When we talk about interpersonal communication, there is a certain process that is followed. According to (Reference.com) “The basic process of communication begins when a fact is observed or an idea formulated by one person. That person (the sender) decides to translate the observation into a message, and then transmits the message through some communication medium to another person (the receiver). The receiver then must interpret the message and provide feedback to the sender indicating that the message has been understood and appropriate action taken.” So, in more simple terms, the......

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A Diamond Personality

...bhai, a 38-year-old entrepreneur, owns an Internet business that sells loose diamonds to various buyers. Business is becoming for Suraj bhai. In 2004, he had sales of INR 3,500 million. Needless to say, Suraj bhai is optimistic about his business venture. The future wasn’t always to bright for Suraj bhai, however. In 1985, Suraj bhai moved from his native town Suraj, to New Delhi, with little ability to speak English. There, he attended language courses and worked at the local mall to support himself. After graduation, his roommate’s girlfriend suggested that he work at a local jeweler. ``I thought she was crazy. I didn’t know anything about jewelry,’’ says Suraj bhai, who took her advice. Though he worked hard and received his Diamonds and Diamonds Grading certification from the Gemological Institute, he wasn’t satisfied with his progress. `I quickly realized that working there, I was just going to get a salary with a raise here and there. I would never become anything. That drove me to explore other business ventures. I also came to really known diamonds – their pricing and their quality.’’ In 1997, tired of working for someone else, Suraj bhai decided to open his own jewelry store. However, business didn’t boom. `Some of my customers were telling me they could find diamonds for less on the Interest. It blew my mind’’ Surajy bhai recognized an opportunity and began contacting well-known diamond dealers to see if they would be interested in selling their gems online.......

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A Diamond Personality

...38-year-old entrepreneur, owns an Internet business that sells loose diamonds to various buyers. Business is booming. In 2004, Rodriguez had sales of2.06 million—a 140 percent increase from 2003. Rodriguez’s database of almost 60,000 available diamonds is one of the largest in the industry and is valued, according to him, at over $350 million. Needless to say, he’s optimistic about his business venture. The future wasn’t always so bright. In 1985, Rodriguez moved from his native Puerto Rico to Gainesville, Florida, with little ability to speak English. There, he attended community college and worked at a local mall to support himself. After graduation, his roommate’s girlfriend suggested that he work at a local jeweler.I thought she was crazy. I didn’t know anything about jewelry,” says Rodriguez, but he took her advice. Though he worked hard and received his Diamonds and Diamonds Grading certification from the Gemological Institute of America, he wasn’t satisfied with his progress. “I quickly realized that working there, I was just going to get a salary with a raise here and there. I would never become anything. That drove me to explore other business ventures. I also came to really know diamonds—their pricing and their quality.” In 1997, tired of working for someone else, Rodriguez decided to open his own jewelry store. However, business didn’t boom. “Some of my customers were telling me they could find diamonds for less on the Internet It blew my mind.” Rodriguez......

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Blood Diamonds

...business, the diamond industry has taken pains to evade questions about its connections with Israel’s human rights abuses — and so far has escaped scrutiny from watchdog organizations. Representatives for 75 countries affiliated to the United Nations-based Kimberley Process Certification Scheme meeting in Kinshasa this week failed to reach agreement on the export of blood-stained diamonds from Zimbabwe. The elephant in the room was Israel’s burgeoning diamond exports which evade the human rights strictures imposed on Zimbabwe’s diamond exports. A “letter of the month” that I authored and which was published in the April edition of Retail Jeweller magazine exposes these double standards in the Kimberley Process regulations that facilitate the trade in blood-stained diamonds from Israel and Zimbabwe (Letters, Retail Jeweller Magazine, April 2011). The letter caused “consternation” to some in the diamond industry and resulted in the withdrawal of the magazine from a major jewellery trade fair in Switzerland (“Gems editor sorry for ‘blood diamond’ boycott letter,” The Jewish Chronicle, 7 April 2011). The letter drew the wrath of vested interests and leaders of the Israeli diamond industry. Their response via the Letters page in the May edition of the magazine demonstrated the sensitivity of the global diamond industry to any exposure of the links between Israeli diamonds and Israeli war crimes. Three letters, signed by six prominent members of the global diamond......

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A Diamond Personality Case Study

One would say that it takes an immense amount of hard work and dedication to start a business and others could say that people sometimes just get lucky. In the case of Oscar Rodriquez more than just luck provided him with the successful business that he has today. Many factors contributed to his becoming a successful business owner, and one headed in the right direction.

What factors do you think have contributed to Rodriguez's success? Was he merely "in the right place at the right time," or are there characteristics about him that contribute to his success?

The factors that contributed to Rodriguez's success started with his ambition and motivation to move to America and attain a degree at a community college. His success continued as he started working at a jeweler and wanted more out of the job than just selling jewelry. Rodriguez wanted more out of life so he received his Diamonds and Diamonds Grading certification. He quickly realized that he was not satisfied with just working at the store and started to explore other business ventures. Rodriguez proved himself to be a very ambitious man and an extremely motivated individual with many resources. He was also known as possessing a great personality and someone who paid close attention to detail. All of which made him the successful entrepreneur who he is today (Robbins, Judge, 2009).

How do you believe Rodriguez would score on the Big Five dimensions of personality (extraversion, agreeableness, conscientiousness, emotional stability, openness to experience)? Which ones would he score high on? Which ones might he score low on?

Oscar Rodriguez would overall score relatively good on the Big Five dimensions of personality. He seems to be quite comfortable when dealing with other people and knows what he wants and goes after it. Because of Rodriguez's success he seems that he would score quite well in the agreeableness department. To start a business that practically does not exist, one would have to be cooperative, warm, and trusting, in order to get partners or investors. Because he has successfully built this company from ground up, one could say that he is very conscientious and is responsible, organized, dependable, and persistent. Moving to a new country, learning English, and attending a local community college suggest that Rodriguez is emotionally stable. For him to enter a world unknown to him and is handled in a different language than his native tongue would propose that he is a calm, self-confident, and secure person. Rodriguez went into the diamond business with no knowledge or desire to pursue this as a career but he saw this as an opportunity to build something and so he did (Robbins, Judge, 2009).

Do you believe that Rodriguez is high or low on core self-evaluation? On what information did you base your decision?

Oscar

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