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Words Can Changes Your Views The Book Thief Literary Essay Essay Example

Words Can Changes Your Views: The Book Thief Literary Essay Paper Words Can Changes Your Views: The Book Thief Literary Essay Wouldnt you like to read a book where the author gives you details of his or her story in mysterious ways? Markus Zusak created a novel of a girl observed by Death, in the town of Mulching Germany. Zusaks novel, The Book Thief included different types of literary devices like personification, metaphors and de-personification to make The Book Thief a better plot for the readers imagination. Even though Zusaks novels novel created a world of hate it also gave a new view on how no one should judge a book by its cover. An author may use metaphors to describe his or her characters emotions, movement or environment. A metaphor is a comparison of two unlikely objects to co- exist with each other. Zusaks narrator in The Book Thief, death describes how Liesel was nervous by letting his readers know that necklace of sweat had formed around (Liesels) throat (Zusak 122). This gave a foresight of Liesels anxiety, agitation and numb affect. Zusak also captured his characters dialogue through his own use of literary devices. The words were thrown at (Isle Hermans) steps (1 15), when Liesel as screaming at Isle for sacking (firing) Rosa Huberam. One other way an author may use metaphors, is to tell his or her readers of the reaction to the characters environment. Just like when Liesel . Lay(ed) back. (Liesel) closed her eyes and her ears held the notes (71), expressed Zusaks characters emotional connection to the sounds she heard around her. Zusak allowed his reader to not only read his book but to have a more mental insight to Zusaks characters. We will write a custom essay sample on Words Can Changes Your Views: The Book Thief Literary Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Words Can Changes Your Views: The Book Thief Literary Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Words Can Changes Your Views: The Book Thief Literary Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Personification is used to give the authors inanimate objects such as doors, clothes and walls, human characteristics. An author can chose to also even give a spirit or myth like death. a heart (71), personifying death as a regular human with feelings, integrity and moral concepts. The Book Thief even gave their readers a view on how nasty things like sweat- that malignant little friend over staying its welcome (1 75), can disturb a persons physical appearance, and how the body can be nuisance. Death also gave us a view that even though sweat helps your body cool down it is still a repulsive stimulant. There are many other ways to also use personification in texts, such as using the white snow sky that stood still at the indow (7), is a picture of the snow collecting at the windowsill acting as if it could stand like a human made out of snowflakes. Personification was used to give Zusaks storys setting more life and emotional background. Many other authors also use a literary device called de-personification. De- personification is giving a human or a person non-human quality like the ability to fly or soar like the wind. Just like when Zusak de-personified the Humans hiding in the clouds (1 3), to describe the bringers of death in the sky hiding from the citizens eyes, giving Death a larger work load to his already undesirable Job. Another example of de-personification Zusak used in The Book Thief was when his characters were in match (1 85), showed the readers a view of Max Vandenberg was frighten, astonished and startled by Liesels appearance. An author may also choose to de-personify ones physical appearance, like a smile or an expression of ones face. For example when Rudy Steiner smiled It ran across (Rudy Steiners) face like a skid (162), de- personified how Rudy was so quick at his ingenuous handy-work. Authors are capable of using literary devises to give their characters a more supernatural haracteristic to the readers eyes. Zusak created his little world of The Book Thief and included many subtle literary devices to give his characters a stronger mental image to the readers. The Book Thief not only gave the reader a story in a mysterious world with strange details but gave you a story of how even darkness sees a light. Zusak created a novel with the intentions to keep his readers drawn into the story devouring the reader from the first page to the final ending. The Book Thief showed there is always a light at the end of the tunnel.

Workplace culture and job satisfaction Essays

Workplace culture and job satisfaction Essays Workplace culture and job satisfaction Essay Workplace culture and job satisfaction Essay The intent of our research was to seek to calculate out what made employees happy with their occupation. Specifically this survey asked if there was a relationship between workplace civilization and occupation satisfaction. As there are infinite facets of workplace civilization merely a few were selected for this research. This is something of import for employers to cognize because it helps them to break facilitate to their workers wants and needs which creates a better work environment. Job satisfaction is normally a finding factor in keeping rate, which can assist employers to salvage clip and money with reduced turnover rate. Job satisfaction has been studied by infinite research workers over the old ages such as McNall and Fox. There are a broad assortment of factors as to what leads to a worker being satisfied with their occupation or conversely dissatisfied. Job satisfaction plays an of import function for both the employee and the employer as it frequently has some relationship to employee keeping. This subject is non merely limited to one location country or one occupation type, but instead it is a broad spread across the states and professions. Job satisfaction can be higher or lower depending on the person and what facets of the occupation factors are more or less of import to them. Some facets that demand farther probe in relationship to occupation satisfaction are the employer s places on frock codifications and flexible work hours. This survey will research both of these relationships. Flextime or a flexible work agenda, along with a worker s ability to work at place, or ability to telecommute were all investigated. Companies offer many different types of flexible working conditions/hours for employees, frequently based on the occupation demands and the worker s demands. A flexible work agenda must be made for each occupation separately. There does non be an overall solution for flexible work agendas ; it is based on different occupation demands. The old research on flexible working conditions was examined in general, non for a specific occupation demand. Other research workers have noted their findings related to this capable affair. Some research workers have discussed the demand for there to be an good balance of clip spent at work and clip spent with the household or at place for a worker to be happy or be satisfied overall with their occupation ( Pryce, 2006 ; Jang, 2009 ; Fox, 2003 ; Cooke, 2009 ; Zacharias, 2005 ; Brown, 2003 ) . However, Middlesworth ( 2006 ) reported that satisfaction is a pick, similar to the belief that one can take to be happy and to hold a positive mentality. He does non believe that any factors exist that have a greater impact on satisfaction than merely the pick to be satisfied at one s occupation. This is because he feels that occupation satisfaction is a traveling mark anyways and is besides a conditioned response. Previous research surveies have found that workers do hold increased satisfaction when work hours are more suitable to the workers and their single demands, alternatively of merely the typical criterion workweek. For illustration Cooke ( 2009 ) noted in his findings that workers with weekend-based short workweek ( WBSW ) did turn out to be more satisfied. Similarly, the consequences of Fox ( 2003 ) once more reported that there was a higher degree of satisfaction in employees who had occupations that allowed them to equilibrate work and household life. His research was able to turn out that this so did do a decreased sum of turnover for these occupations. In 2002, a survey done by the Families and Work Institute reported that 78 % of those that were employed were populating in dual-earner households, this figure has increased by 12 % in the 30 old ages since 1977, when the figure was at 66 % ( Jang, 2009 ) . This survey besides showed that merely less than half of the people that stated they were populating in dual-earner households besides had kids under the age of 18 old ages old. Taking these facts into consideration it is noted that many of these female parents look for occupations that can offer them better options to equilibrate household life and their work life. Jobs that offer such benefits for working parents such as onsite kid attention, flexible hours, household friendly policies and maternity/paternity leave. Past research has shown that there is an addition of occupation satisfaction every bit good as a lessening of absenteeism and turnover when workers have been able to better balance work and household life because the occupation had flexible work hours. As Pryce provinces: The benefits of accomplishing a balance between work and place life for employees are widely recognized in footings of enhanced occupation satisfaction, good being and wellness ( 2006, p283 ) . Pryce reports the findings of an rating of an open-rota work scheduling intercession, which was created to see if workers felt that they were better able to equilibrate work and household life. Open-rota bases for an unfastened rotary motion system where infirmary workers operate on a agenda like this. They had to come up with a system that worked for those who were employed in the medical professions as they can non work from place or truly hold flexible work agendas like some other professions. This survey did demo that employees reported that they felt an enhanced sum of satisfaction with their work hours and as a consequence were less likely to merchandise displacements when they were able to plan their ain single work and remainder hours. Barnett ( 2005 ) completed another survey that found similar consequences. She tested merely adult females doctors who were seeking to equilibrate both household life and their calling. It was noted that adult females who had more involvement in household life recorded holding a stronger feeling of occupation satisfaction. For them to be more involved in non work affairs, they had to either work reduced hours or work on a portion clip footing. The survey found specifically that adult females who had reduced hours were more satisfied than those adult females doctors who continued to work full clip and attempted to equilibrate household life and work. In add-on, this survey looked at the effects that reduced hours had on an employee. The adult females were less likely to experience the demand to go forth their occupation with the decreased hours that worked with their agenda. Another survey that looked at two groups of adult females, one group was placed on a flexible agenda while the other group was kept to a really carinate much more traditional work agenda ( Krausz, 1983 ) . The adult females were all married and some of the adult females had kids. Krausz explained that the point of this survey was analyzing the effects of a flexible work agenda these two groups of adult females and if they did hold increased occupation satisfaction because of the flex clip or non. The information from this research did non ensue in a great significance between the groups and occupation satisfaction. A sensible account was given to assist understand why this information did non ensue in the typical result of flexible work agendas ensuing in increased occupation satisfaction. There was a hold in the proclamation of the flexible work agendas and the existent nidation. The location that this was conducted at was really different than other research that was looked at. A noteworthy tendency that was seen in the reappraisal of old research was that there was an increased sum of satisfaction for adult females in occupations that had flexible work hours or decreased hours. As one survey discussed specifically adult females are frequently placed in the function of attention taker and besides strive to hold both an equal balance of work and household life ( Zacharias, 2005 ) . Zacharias found that the bulk of professional workers that use or take advantage of constabularies that help to equilibrate work and household life are adult females. Womans were besides more likely to be granted aid in this country alternatively of work forces because of positions on traditional functions. These facts were non studied to see separately if there was a relationship between work forces and adult females working and how their hours of work impacted their occupation satisfaction. Zacharias ( 2005 ) continued with information that work forces who try to cut down their hours of work are treated much otherwise than their female opposite numbers. However, both males and females who take clip off from work or seek to take decreased hours frequently hit a wall in their callings. As an equal balance is of import for both males and females, their abilities to be successful at place and work is found to be critical for occupation satisfaction. Jang once more specifically noted, Mothers in this state of affairs find it hard to equilibrate work demand and child-care duties and are more likely than their childless opposite numbers to go forth the work force involuntarily ( 2009, p.93 ) . Jang s study did province that old surveies have revealed that some aspects of occupation flexibleness including, flexible work hours, do hold a positive consequence on certain facets of household life and in return it lowers the sum of turnover and absenteeism and does raise occupation satisfaction in employees. This survey successfully showed a positive nexus between flexible work hours and work life balance. McNall looked at flexible work agreements, occupation satisfaction and turnover purposes of employees with an involvement in the relationship of work-to-family life ( 2010 ) . For this survey, McNall defined flexible work agreements as when employers allow the employees to hold some pick in when and where they perform their occupations outside of the standard working day. Their research once more proved to happen that flexible work agreements are connected with many of import organisational attitudes and results for employers and their employees. These organisational attitudes and results include occupation satisfaction, absenteeism, public presentation, productiveness and satisfaction with work agendas. The ground for employers to travel to flexible work agendas is the needful balance that employees want with both their personal and household life ; they besides desire a calling and satisfaction with their occupation. Employers have been increasing their flexibleness in this country as more adult females have been come ining the work force. However, both males and females want the equal satisfaction of being involved in both affairs of place and of the workplace. Employers have recognized the wants and demands of their employees ; some have been able to accommodate to improved flexible work agendas for their employees. Clearly there is good concluding for employers to offer some kind of flexibleness to their employees, as it can offer employees higher occupation satisfaction and a happier overall sense of wellbeing. To the employer it so consequences in greater employee keeping, lower absenteeism and, in some instances, increased sum of productiveness. This treatment of the effects and grounds for offering flexible work times in the research done by McNall ( 2010 ) has been repeated in the authorship by Jang ( 2009 ) every bit good as Zacharias ( 2005 ) adding support with his findings. A noteworthy determination in the research done by McNall was in the statement that employees sometimes search for grounds that employers understand and care about their employees, and if they are able to take carry throughing lives outside of the work topographic point. The handiness of flexible work times and other policies that help to supply a worker with the opportunity to make a balance between work and personal clip has shown to ensue in employees who have increased degree of occupation satisfaction and have a more positive attitude towards their employers ( McNall, 2010 ) . The bulk of these research workers have all shown that there is some relationship between occupation satisfaction and flexible agendas. Their research has resulted in a noteworthy connexion with flexible agendas and an increased occupation satisfaction by employees who are provided this type of option by their employers. There is no recent outstanding research that concluded in either reduced satisfaction or no relation at all to occupation satisfaction and flexible work agendas to all people and occupations when these were looked at specifically. Some research workers noted that a just figure of concerns that offer some kind of flexible programming. While the Family and Medical Leave Act is available for some employees that work in companies that employ over 50 people but it is limited in what it can be used for. Locating old research specifically on flexible work agendas and occupation satisfaction proved to be slightly hard. The research that was found varied in occupation types that were studied from one set of research to the following. Some surveies had more straight looked at the correlativity than others. The research was picked because overall it is varied in locations across the Earth. It covers many locations every bit good as many assorted occupation types. In old hunts for beginnings on this subject there were a batch more surveies conducted for flexible work agendas and occupation satisfaction for those in the medical field than in other occupation Fieldss such as the research done by Pryce ( 2006 ) and Barnett ( 2005 ) . An attempt was made to avoid roll uping more articles on the medical field and alternatively focal point was put on happening research for many different occupation Fieldss. Job satisfaction and workplace flexibleness were non the focal point on a figure of beginnings. Many of the writers including Jang ( 2009 ) saw that the satisfaction that flexible agendas on the occupation convey more concerned adult females, as adult females have been discovered to hold more stress seeking balance their work and personal life. However, both sexes do be given to endeavor for an equal balance of place life and workplace satisfaction. Flexible work programming allows for this equal balance to be created between an employee s personal lives and work lives. These writers all able to discourse, in some signifier or another, occupation satisfaction and flexible work hours for employees. In add-on to looking at the function flexible work clip and occupation satisfaction drama on each other, the effects of frock codifications and occupation satisfaction were besides examined in this research. Many occupations require employees to have on specific uniforms or frock in a certain manner, while other employers allow their employee to hold more freedom in their vesture picks. Are employees happier or more satisfied if they are non told what to have on by their employers or oppositely do employees experience more satisfied if there is an implemented frock codification? Some employers would non be able to do alterations in this country to increase occupation satisfaction because of wellness and safety grounds that require some occupations to have on specific outfits to assist protect the worker. This helps to explicate why there was a great deficiency of information on the linkage between frock codifications and occupation satisfaction. Franz ( 2001 ) stated that at the clip they began their survey there was no anterior research done on their subject. This by its ego is interesting, that there country has non truly been looked at so far. There is likely to be a broad assortment of accounts as to the deficiency of pervious research on this country. However there are a figure of good grounds to look closer at this possible connexion between occupation satisfaction and frock codes/uniforms/or deficiency thereof. The grounds are similar to those stated before, increased occupation keeping and higher sums of production from happier workers. In the research done by Franz, he had to roll up informations that would assist him to develop a better tool to happen the ultimate reply to their inquiry ( 2001 ) . They wanted to cognize if things like insouciant Fridays and other frock policies had an consequence on the employee s attitudes and behaviours. Franz reported in their research that it has been a turning tendency to let a more insouciant garb in the work topographic point. A figure of concerns feel that insouciant frock at work is considered a benefit that they offer their employees, if they are able to. Casual frock helps employees to salvage and concerns to salvage that offer a vesture disbursal, because they have lower dry cleansing measures, and do non hold to buy the more expensive formal concern expressions. They found that the bulk of employers felt that insouciant frock is a positive alteration from the past old ages which required a formal concern expression every twenty-four hours by its employees. The riddanc e of professional frock policies besides help to interrupt barriers between direction and their workers. The consequences of this research did non turn out to demo that frock options had an impact on whether or non an employee s satisfaction or behaviour improved, every bit good as if they were more likely to go forth their current place. At the terminal of their research they advised concerns to look at what plants for their company and employees. This survey looked at concern garb and insouciant frock which they explained. Business frock is the more formal and traditional suit with a tie for males in authoritative colourss such as black, gray, and navy. Casual frock was described as denims and a shirt with possible athletic places ( Franz, 2001 ) . Haise ( 2003 ) explored the issues related to an employee that has to have on a uniform and how they feel about it. There are some occupations where it is necessary to necessitate employees to have on a uniform. Those that have to have on what their employer has chosen for them have changing sentiments on them. Haise explains that when small idea is given to the employee when the uniform is created and implemented it can go forth the employee experiencing really disgruntled. The consequences from this research showed that when employees were more involved in the determinations with the choice on the uniform and were asked by their employers for feedback they had more respect and had increased satisfaction with the uniform. The writers of this survey did cautiousness employers about leting the employees to hold excessively much influence on the uniforms as they might develop hyperbolic outlooks. Although they feel that some sentiments could assist to increase the employee s satisfacti on and better their feeling about their employers. Haise s research was selected because it was interested in how employees felt about uniforms. It was nevertheless non wholly focused on occupation satisfaction and uniforms. Haise s ( 2003 ) survey contained great information on the feelings of employees who had to have on uniforms. It besides discussed the practical demands for quality uniforms and the functions they play in different concerns. After reexamining the findings of other research worker s at that place seems to be a deficiency in the some countries of facets of occupation satisfaction. Job satisfaction plays a major function on both the employers and the employee s lives. The research has proven that when employers offer more opportunities for their employees to be able to custom-make facets of their occupation to their specific demands there is an addition in satisfaction felt by the employees affected. Employees appreciate concerns that show that they care about their employees and do an attempt to do certain they are satisfied at their occupations. Companies that offer benefits like the 1s discussed in this paper frequently see greater employee keeping from its employees. Employers should make whatever they can to demo they care about their employees so that they are acquiring the most out of their workers. Some benefits that employers can offer their employee s semen at small to no excess cost to them. Something so simple as merely asking about workers feelings and sentiments can hold a major impact.

Nokia Pricing Strategy

Nokia Pricing Strategy Background of the company Nokia is an electronics company, founded in 1865 by Fredrik Idestam; the company started as a paper manufacturing company but in the 1970s, it changed its line of business to electronics (Nokia Official website ,2010). It has a strong brand; some of its products include phones and laptops.Advertising We will write a custom essay sample on Nokia Pricing Strategy specifically for you for only $16.05 $11/page Learn More In 2009, it was the second largest company in electronics industry from Apple Inc; the company’s positioning statement is technology connecting people. To remain competitive, the company uses an integrated pricing strategy. This paper discusses how the company determines prices of its products. Product attributes Nokia phones are in different shapes, technology level and have different features; each category of phone has the target market it aims. The following are the common products attributes of Nokia Phones: They have a target market; the section of the market is in need of phones Has high value products that can be up of phones for this class is Nokia 1200 and Nokia 1210.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Middle class They are people who need a higher tech phone than the lower earning class; to target the population, the company has develops phones with more features, for example it may include internet services to the gargets of cheap technologies like GPRS. Well-to-do Well-to-do people need a number of applications in their phones, when the company is developing products for this target market; it uses high technology and includes a number of features and technologies for example they use Edge technology for internet. To sell in this market, the company uses price-skimming strategy Niche markets The company’s research and development department has the role o f recognizing a need that current phones in the markets are not meeting, then develop product that meet the market. Some of the phones in the market include touch screens ( Kotabe and Helsen, 2004). Distribution Depending with the target market, the products are distributed differently; the company has established Nokia collection centers in different countries where traders can get the product for distribution; alternatively, if a trade is willing to buy in bulk, the company offers the option; it has both online and desk selling. Who carries the products? In different countries, the company has established collection centers called authorized dealers who are given the responsibility of distributing the products in their countries. When the dealers have received the products, they are supposed to ensure they get to the target market in the best form. The approach to selling increases the cost of the product to the final consumer since all people in the chain will have to benefit fro m the transaction. Where can it be found? Nokia phones can be found in the following places:Advertising We will write a custom essay sample on Nokia Pricing Strategy specifically for you for only $16.05 $11/page Learn More Authorized dealers and sub-dealers premises Shopping malls Supermarkets Stalls Electronic shops among other electronic garget selling points (Nokia Official website ,2010). What type of promotions does this company use and how does that influence price? The company uses â€Å"pull† promotion strategy, under this approach, massive advertisements and persuasion mechanisms are adopted to ensure that an organization’s products knowledge of existence has been created. The end user and the promoters are at close links and interact in the course of advertising. The cost incurred is passed to the final consumer increasing the price of the phones. What are some suggestions on how this product or service could be improved and how mi ght that influence pricing? Nokia management team should think of improving operating technology adopted in phones, so as it can accommodate modern applications. Currently, the highest technology used for internet applications is EDGE technology; however, some of its competitors like Apple Inc have switched to 2G and 3G technology. When the technology adopted has been improved, then, the company is likely to enjoy a higher share of the market. The second improvement that the company should make is to incorporate low earning and middle class market segments in its twin-Sims products; the approach is likely to increase the company’s sales. References Hooley, G. and Saunders, J.(1993). Competitive Strategy: The Key to Marketing Strategy. New York: Prentice Hall. Kotabe, M. and Helsen, K. (2004). Global Marketing Management.New York: John Wiley Sons. Nokia Official website.(2010). Nokia.

Madeline Leininger Middle Range Theory Essay Example | Topics and Well Written Essays - 1000 words

Madeline Leininger Middle Range Theory - Essay Example These insights introduced a phenomenon related to nursing called cultural care nursing. This theory addresses the cultural dynamics influencing the nurse-client relationship. This gives the theory uniqueness because it focuses on features of nursing, and it studies and explains the outcome of the nursing care (McEwen & Wills, 2011). Describe Why You Believe This Theory Is a Unique Nursing Theory Based On Your Application of the Criteria from the Text Culture care theory has contributing features that make it a unique theory. This theory, launched in 1950s remains the oldest nursing theory. It focuses solely on the interrelationship of care and culture of a person’s health, well being, death, health, and illness. It also focuses on comparative cultural care. Through its multidimensional and holistic nature, the theory developed multifaceted culture based care practices and meaning. It focuses on global, cultural care diversities and universalities. The theory also incorporates a designed research method called ethno nursing. In addition to its three action modes, the theory has practical and abstract features that help in delivering a cultural congruent care. Most of all, the theory focuses on professional and generic culture care, worldview related data, social structure factors and ethno history in a variety of environmental contexts. The theory originated from the theorist’s diverse and extensive anthropological insights, nursing experience, values, creative thinking and life experiences that immensely contribute to use and study. These features of the theory make it a powerful tool for new practices and knowledge in healthcare contexts (Sitzman & Eichelberger, 2009). Describe the Origin, and Background of the Theory and Theorist Born in Nebraska in 1948, Madeleine Leininger received her nursing diploma from St. Antony’s School of Nursing, Denver, Colorado. In 1950, she received her undergraduate, and in 1954, she received her Master†™s of Science in Mental Health and Psychiatry. She received her PhD in Social and Cultural Anthropology in 1965. Throughout her career, she acknowledged the importance of care in nursing. She received frequent appreciations from patients she gave care. While working in a children’s guidance home, she experienced a cultural shock from the recurrent behavior of children on a cultural basis. She identified care and culture knowledge as the link in nurse’s ability to comprehend the variations in patient care and support of healing, compliance and wellness. In 1950, the knowledge, she acquired helped her develop the phenomenal culture care nursing. Culture care theory originated from Leninger’s experience and knowledge in the role of capabilities of culture in nursing (Sitzman & Eichelberger, 2009). Leninger considers the theory to be a middle range theory because it has dimensions for assessing the total nursing picture. However, it has comprehensive and holistic capabilities for a broader nursing practice application than traditionally expected of a middle range theory. The theory provides harmonious care measures for groups or individual’s practices, values and beliefs. The primary goal of the theory lies on cultural congruent care. The culture care theory resulted from the theorists devoted consciousness and an ever changing world in which the individuals interact with

Improving Business Performance through strategic HRM (Work based Essay

Improving Business Performance through strategic HRM (Work based Report) - Essay Example Home improvement market has a two-way reciprocal relationship. On the one hand, it is open to, and dependent upon, the social and physical environment that surrounds them. On the other hand, it needs financial resources and political legitimacy (a set of laws by which to operate) pro ­vided by outside institutions and governments. Customers are significant members of the environment determining strategic choice of the organization. And knowledge and technology are also a part of the environ ­ment: they are produced by other actors in the environment and purchased by the or ­ganization as educated labor or as pure knowledge assets (Johnson and Scholes, 1998). Directional strategies (Ph. Kotler) help the company to expend internationally and reach diverse target audience (Johnson and Scholes, 1998). Recent years, Home Deport has implemented and developed a companies have already used this service, but still it is one of the most beneficial area for attracting a new customers). Home Deport acquires new knowledge and technology, and employ these assets in produc ­tion quickly. From a management standpoint, technology is a major environmental factor that continually threatens existing arrangements. Fast-changing technologies, such as information technology, pose a particular threat to organizations (Johnson and Scholes, 1998). Without qualitative service the enterprise is not capable to achieve the overall objectives. Home Deport is marked by increasing capital markets activity over the past 5 years. It is estimated that average annual returns for full-service are anticipated to exceed 13 percent over the next 10 years, with retail industr y investment alternatives performing at single digit growth rates (approximately 7 percent to 9 percent). (‘Home Depot in the know when’ †¦ 2002). Competitive strategies (Michael Porter 1985) allow identify and analyze

The Capital Structure Decision and the Cost of Capital Essay

The Capital Structure Decision and the Cost of Capital - Essay Example The products include dolls and accessories, vehicles, games, puzzles, as well as play sets. The company’s popular toy brands include the Barbie dolls, Polly Pocket, Little Mommy, Monster High, BabyGear, WWW Wrestling figures, Fisher-Price, CARS, Toy Story, Max Steel, and Batman. The company sells it toy products in physical stores as well as online stores. Based on the module discussions discussed, the nature of the Mattel (http://finance.yahoo.com/q/bs?s=MAT+Balance+Sheet&annual) company’s toy business operations and its toy clients, it is highly recommended that the capital structure (total liabilities or debt and equity proportions) must be adjusted to the medium debt ratio (1.0) type of business structure. The medium debt type of business organization can be equated to a financial position where there is an equal amount of total debt and total l equity. For, increasing the debt to an amount which is higher than the total equity would entail an increase in interest p ayments to the creditors. Creditors lend money in exchange for interest payments. In terms of amount, the current Mattel debt and equity amounts are high debt for both debt and equity amounts do not reach $3,000,000,000. Thus the medium debt ratio (1.0) amount can be reached my making either the debt equate the equity amount or the equity amount to equate the debt amount. Mattel Company has the best debt to equity ratio at 1.0. In terms of cost of capital, Mattel has the lowest of the three companies. On the other hand, an increase in the stockholders’ equity amount would generate more cash on hand needed for the company’s continuance of its current operations. However, the stockholders may not have enough funds to increase their investments in the company. In terms of risks, borrowing funds will increase the amount of the unpaid liability. Likewise, borrowing funds will generate the risk that creditors may not be able to grant the required loan amount. In terms of ris ks, the company will not be able to generate enough revenues to pay for the loan amount. One advantage of the generation of funds through debts is to avoid increasing the balance sheet’s stockholders’ equity figure. An increase in stockholders’ equity would produce lesser dividend distribution per share of stock. An advantage of the increasing debt amount is the avoidance of decreasing the company’s dividend per share contribution. The company’s 2010 beta is $0.99 each. Clorox The Clorox Company (http://finance.yahoo.com/q/ks?s=CLX+Key+Statistics) is engaged in the manufacture and sale of consumer products. The products are sold in the United States and around the world. The company’s products are segregated into four major divisions. The divisions are cleaning, household, lifestyle, and international. The company’s popular brands include Clorox cleaning products, liquid – Plumr, S.O.S., STP, and Armor All. Internationally, the company focuses on the home care products, cat litter products, plastic bags, containers, wraps, and charcoal products. The company’s beta is 0.35. In terms of amount, the current Clorox debt amount is less than $5,500,000,000 and the company’s equity amount is less than $100,000,000. Thus medium debt ratio (1.0) amount can be achieved by either increasing the current equity amount to equal the debt amount or reducing the debt amount to equal the current equit

How to Swim the Freestyle and Butterfly Strokes Essay

How to Swim the Freestyle and Butterfly Strokes - Essay Example The freestyle is perhaps the simplest and fastest among the three swimming strokes because it simply involves long stretches of the arms and kicks in order to move the swimmer to the intended destination. However, the arms are not simply stretched to the greatest distance they could reach but they actually involve five components which will be discussed as the instructions are explained in detail. So first, you stretch both arms above the head, with the back of your palms facing you. Make sure that your fingers are together and not spread apart because this will help to propel you to the next distance. This position of having your hand stretched is called the ‘reach’. Obviously, the name suggests that you are to reach out your arms in preparation for the next component called the ‘catch’. To do the catch, you twist your hand forward, slightly forming an â€Å"S† as you pull your hand toward your hip. The third component called ‘pull’ happ ens when you exert effort to make the final stroke for the â€Å"S† shape as you pull your hand toward your mid-section. This is followed by the ‘push’ which is the force that will help determine the distance to move forward to. The final component would be the ‘recovery’ which basically brings the arm to the original position. When you are in the water, you will find out that it is actually difficult to start right away with the instructions mentioned above. What you need to do is to stretch your arms.

LVMH Essay Example | Topics and Well Written Essays - 1750 words

LVMH - Essay Example Its distribution network is spread worldwide and caters to the upper class fancies and it has a number of high value brands in its fold. It mainly deals in wines and spirits, Fashion and Leather Goods, Perfumes & Cosmetics, Watches and Jewellery and Selected Retail Items. It has over sixty subsidiaries and they are autonomous in their operations. As a result the brands are mostly sold in upmarket locations, often through exclusive boutiques and showrooms and are not ordinarily available in Malls or markets. LVMH came into existence in 1987 with the merger of two of the largest wine makers Moet and Hennessy. Later they were merged with Louis Vuitton and added a great portfolio of 60 prestigious luxury brands. Christian Dior owns a part of LVMH and both companies are headed by a common CEO. Although its headquarters are in Paris, yet over 70% of its 64,000 strong workforce is based outside France. Its distribution channels are spread over 1,800 stores worldwide. LVMH has banked upon segmentation of the market successfully. It has chosen the upper strata of the society and is in possession of highly coveted items in fashion, wines & spirits, watches and jewellery and perfumes. Its customers are celebrities, high profile individuals, business leaders and executives and the political class. On the second rung it also caters to the wealthy consumers who are growing in numbers due to opening up of global career opportunities. It caters to people in their early twenties to sixties and has a vast product range for them. As the world turns into a global village, a new breed of customers from emerging and developing market is making its way to its stores. Having been long deprived, but attracted to the name and image created by its products they are proving to be the mainstay of LVMH in many a new markets. Thus we see a proliferation of LVMH group’s stores of different brands coming up in the Asian and Latin American markets. Globalization has opened new avenues

How can USA govern EU Essay Example | Topics and Well Written Essays - 1750 words

How can USA govern EU - Essay Example interests, addressing their divergent ones sometimes call for a highly delicate balance influenced by a variety of foreign relations and economic factor as explored herein. One of the factors that influence the relationship between the two is their political difference, these are inevitable considering that the US is a country with and single government which makes decision making more expedient and less politicized outside of congress and the court of public opinion. The situation in Europe on the other hand is much more intricate, the block is more of an economic rather than a political block. In as much as they often take similar political positions, decision-making in the EU takes considerably longer because it has to factor in the divergent interest of all the members. In addition, despite the strength it draws from numbers, they have on several occasions, threatened its stability. In the recent global economic meltdown for example, it was difficult for countries to come up with individual solutions since actions of independent nations impacted on the entire block. For example, the overvaluing of the budgets in Greece, Italy and Spain considerably weakened other nations such as France in their attempts to stabilize their economies. Bearing this in mind, it is one can surmise that the US manages to appear more powerful, because not only it actually is but it operates in a more decisive and comprehensive way giving it the upper hand. Comparatively speaking, the EU is like a collection of the states that comprise the US but where each has a completely autonomous government, which makes it for decisions or impositions from the â€Å"head†. Michael Smith (2011) proposes that the US is fundamentally a warrior state while the EU is a trading one; this is exemplified by the fact that the US has in the past been more willing to use their extensive military hardware and power to enforce its policies especially internationally (Smith, 2011). Therefore, any diplomacy

Proposal For The New Travel Agency Tourism Essay

Proposal For The New Travel Agency Tourism Essay The new travel agency business for luxury seeking focuses in supplying entire end are little, personal trips (maintenance). There is a general, full service travel, which can persuade the rudimentary desires of both business and leisure markets and travel into the future. These services may encompass air, ground transport, cruise and inns, as well as tips and exceptional trips. With effectively no trading efforts, this new travel agency business aims to deal many of vacation adventures. Sales of protection principles and other services will be supplemented and probably add more. It will offer a full variety of services to support adventurous traveler, encompassing briefings before and after vacations, travel protection, as well as a book or directions of services exact to each place traveled to and activity. In supplement, it boasts a full variety of added services to support adventurous traveler, double-checking that they have a pleasing and memorable. These services encompass protection, pre-and post-vacation bundle data and book or directions of recommendations and data services exact to each place traveled to and excursion activities. It would like to encourage its services utilizing the customary procedures of public relatives, and Internet activities. In customary public relatives include: à ¢Ã¢â€š ¬Ã‚ ¢ Press Releases à ¢Ã¢â€š ¬Ã‚ ¢ Advertising Company à ¢Ã¢â€š ¬Ã‚ ¢ Articles of the periodical In the Internet, the business can supply new excursion on the Internet or for e-newsletter. Functioning beliefs of the business is trading to focus, supplying an effective service utilizing expertise and a restricted number of employees. Capitalization on his know-how, he may suggest and direct purchasers on the kind of gear that will require to travel, to make the most of their vacation Purpose of the business . The development of this new one travel agency to help the keeping of clients, while sustaining the essence of the junction agency of dealers and power over increasing prices. Prepare a high grade of clientele approval in the industry. Segment and goal luxury travelers in the district of travel. Mission The mission of this new business is to offer exclusive trips and luxury travel know-how for the market niche for the perceptive clientele, which directs to their approval, as evidenced by the replicate alignment as well as affirmative response by phrase of mouth. This Travel Agency Business hunts for to differentiate you as a professional in the area of luxury travel and be identified for spectacular service and foresee desires and yearns of their clients. And, in future procedures, are committed in smart persons will not only obtain those services, but those who give it, relish the know-how and goods, as well as all to be joyous with the expert first-class service. General market area The total locality of the market of a new travel agency business is to evolve and sustain strategic alliances with service providers nationally and internationally, and the tourism professionals to conceive new sales passages for businesses. It will offer several older goods to which clients will travel memorable. His aim will be on supplying a full variety of services, focused in their purposes have deep information of recreation and excursion that are offered. Market study displays that the major condemnations of his kind of customers living travel bureaus that their representatives are not cognizant of their goods, they easily open and read the catalog to convey one of the numerous travelers are disappointed. Basic organizational design New business travel agency is a business that focuses in little packages luxury travel for perceptive consumers. It will work with 2 database to advance clientele service over the homeland and internationally. The founders and workers of this assembly of skilled travelers and travel bureaus who are to blame travel, adept and fervent about the services that the travel agency for the development and supply. The business has reconsidered its approximates of functioning charges and evolved an allowance for the first year of operation. Expenditure is mostly dedicated to trading and functioning costs and administration are limited. Initially, the business will use advisors to assist travel the mechanical facets of the tourism commerce, but running a website administration business, subject to the public displaying commerce, required to run the travel agency. To boost market share and boost emblem perception, the trip will be suggested primarily at the grade just underneath the market rate. Thus, short-term earnings from the procedure should be reduced to medium. Where commerce has conceived a groundwork of trusted clients and emblem perception has expanded, permitting the business to lift charges trips at market rates, functioning earnings margin is anticipated to increase. Industry and Market Analysis In the tourism business, more and more, the business will aim on the tourism market of purposeful luxury travel. Its major clients are persons, twosomes and assemblies with a high cost that the proximity of recreation and travel not less than one time a year. Looking for the supreme travel know-how, your clients demand high value undertakings and places to stay the largest grade of service (Renshaw, 2007). The business designs to deal its services through a Web sheet, Internet advocating and public relations. This travel agency will offer incorporated infrastructure expertise that presents smart investigation of travel facts and numbers, permitting businesses to maximize come back on their buying into travel. For travelers, this will supply a reliable service and a broad variety of assets to assist them stay persuaded, creative and concentrated on their enterprise objectives. An assessed tendency in tourism is expanding deregulation. Deregulation has expanded the requirement for diff erentiation and, in numerous situations, decreased charges on airline permits and other travel associated services (Marian, 2002). Additional tendencies encompass limits on the establishment of a charge by most foremost airlines, a boost in excursion travel, and decrease profits. Many promise clients are not certain of the location they desire to achieve. The business will save time and cash from clients and assist double-check that they are persuaded with their visit. It will supply comprehensive and unaligned travel recommendations permitting our purchasers get access to a broad variety of tourist services and goods, the most relevant. It will offer large savings on air travel in enterprise class in most airline flights. It has the promise and get access to the best of tariff bindings on the market. Excellent sales abilities needed for their activity. Thus, all will be completely taught sales. In supplement, each month, it will ascertain each other observing the undertakings of tr ading half of the day and supply response on the power and flaws in skills. It will furthermore be utilising the scheme, communicate administration, which will supervise the effectiveness of diverse advocating schemes and distinct trading messages. The key to its strategic benefit is to have higher facts and numbers about prospects and customers. Competitive analysis This new business is a new travel agency that is found in a locality that focuses on the diverse excursion vacation. Nevertheless, there are numerous excursion travel businesses in the capital and lesser towns that could contend with that association, to supply holiday travel packages of adventure. Although the expert excursion travel agencies, for example a business, we have applied, only 15% of the market, 65% of clients will use them again. The aim is to boost that percentage through our value services. This is a new travel agency business will have a good comparable investigation and comparable benefit over other possibilities in this market by supplying little parcels more exclusive clientele visits of these assemblies have close individual vigilance from hosts travel. It will evolve this place from 1 to 1 communicate with promise clients individual communicate with an dignified travel agency, whose prime goal assembly of our market and broad-based programs come to a kind of newspapers, exceptional happenings, as well as interactive, full-service Web site. This new business will have all facets of travel expertise at his disposal (George, 2003). Key achievement components for the functioning of this new project will assist to the work as a travel agency that focuses in luxury travel segment in the tourism commerce and the development of replicate enterprise from a groundwork of trusted, persuaded customers. This class of travel is alike to numerous others. There will be a large-scale nationwide systems, little home-based enterprises, consolidators on the Internet, etc. Membership rates for some travel associated associations give some suggestion of the number of participants in this market. Operations At the starting of the procedure will comprise of two constituents of the public and professionals in the area of tourism and a board constituent, which focuses in trading and Internet technologies. A usual transaction will take location as follows: The agency will communicate the promise clientele to find the site. The agency will have all the essential data required to aid the purchaser profile on the site. Database Consulting Business cruises are accessible encompassing the applicable facts and numbers as input facts and numbers, charge, accessibility, and trips of the dock, the agency can agree clients require to cruise. Booking data by e-mail is also a key task of this new business. Confirmations will be dispatched to the client. The agency will be to blame for correct storage and assemblage of payments for goods. Wholesale dwellings will be begun to purchase large amounts of permits and trading online at discount prices. Marketing concept During the present time span of fast financial development, this new enterprise travel agency will depend on numerous significant possibilities in the area of tourism. In full engrossment on the tourist market, will offer a restricted set of sophisticated packages, but depart, as well as supervising their services rich professionals, it can rendezvous the desires of its customers. His information and know-how will travel excursion to rendezvous and pass their clients are competitors. This will conceive personalized travel itineraries for purchasers and supply the most entire, informative service excursion travel. Offering a full variety of services, this business can differentiate itself from its competitors. It is established in the heart of the city. The natural attractiveness and a plenty of outdoor undertakings appeal numerous fitness-oriented. Per capita, the district has more persons than any other in the homeland is dynamically engaged in hill and water sports for example skiing, ascending, kayaking, rafting, hill biking, etc. These persons are the goal market of this company. It will aim on the sale and advancement of excursion travel, mostly to personal persons, but furthermore for business purchasers in the region. Human Resources HR will permit clients to navigate the often time-consuming, so the most productive means for travel from the issue of outlook of convenience and cost. In this case, they should sort large volumes of data, with the outlook said that the mean traveler may not have. This business will offer a kind of places in all parts of the tourism industry. Recruitment services covering enduring, provisional and agreement work Travel and centre competencies for the teaching trip. HR purposes of the business will be the principle with consider to recruitment and assortment, disciplinary methods, remuneration principle is the acknowledgement that human assets design and teaching and development, but furthermore all purposeful localities of HR will be coordinated and correlated in alignment to fit into an general enterprise strategy. This scheme HR Travel Agency is a comprehensive design in relative to the implementation of exact HR purposeful areas. Human Resource strategic design the business will require data about where the business likes and how HR undertakings to support the companys goals. Integration of human asset administration with business goals and objective will assist to the general goals of the company. Thus, the rudimentary human resources function will be to create strategic design to capture the people components and how they concern to the future achievement of the company. The business carries the tourism commerce of expert formation of the primary staff. The adviser will be the companys vegetation in 5 days. During this time span, the consultant: à ¢Ã¢â€š ¬Ã‚ ¢ Training employees in rudimentary methods and directions of the cruise commerce à ¢Ã¢â€š ¬Ã‚ ¢ Staff teaching on sales methods à ¢Ã¢â€š ¬Ã‚ ¢ Systems Supervisory Board The Company accepts as factual that this time span of groundwork and the companys computer schemes will supply expanded effectiveness when possible.

Characteristics Of Perfect Competition Economics Essay

Characteristics Of Perfect Competition Economics Essay Monopoly is a market structure that is the only sole seller of a product and large number of buyers that have no close substitution and have a high entry and exit barrier. A monopoly markethas no other firms can enter the market and compete with it to produce some good or service. For an example that gave by Vengedasalam, D., et. al. (2008, p.229) If want to subscribe television channel services, the only one will go is Astro. But if want to use Astro services, it have various options to choose from, and this industry is not a monopoly market. 2.1 Characteristics of Monopoly: Single seller in the market: Monopoly is a price maker in the firm which has the power to control the price. In the proof of the auxiliary theorem Jackson, J. (1998, p.22.5), price maker is a seller of a commodity that is able to affect the price at which a commodity sells by changing the amount it sells. No Close Substitutes:It means customer or buyers could not find any substitute for the product. If the buyer can find out, then this product is no more in monopoly. In others way to describe, a monopoly cannot exist if there is a competition or any substitute product. Restriction of entry of new firms: In a monopoly market, there are strict barriers to the entry of new firms. Barriers to entry are natural of legal restrictions that restrict the entry of new firms into the industry. Average and Marginal Revenue Curves: Under monopoly, average revenue is greater than marginal revenue. Under monopoly, if the firm wants to increase the sale it can do so only when it reduces its price. 2.2 Types of Monopoly 2.2.1 Natural Monopolies One firm can produce at a lower cost compared to what two or more firms could produce. 2.2.2 Government- Created Monopolies Government creates monopolies to prevent firms from entering into a market. This can be done through difficulty in obtaining license to operate in the market or providing patent and copyrights to a monopoly firms. There are some legal barriers that are government franchise, government license, patent, copyright and control over raw material. 2.3 Monopolys Revenue A monopolists marginal revenue is always less than the price of its good. (According from N. Gregory Mankiw, principle of microeconomics fourth edition pg. 317), shows the example how the monopolys revenue might depend on the amount of water produced. C:UsersTOSHIBADesktop123.jpg Table 1: A monopolys Total, Average, and Marginal Revenue Table 1 shows a result that is important for understanding monopoly behavior: A monopolists marginal revenue is always less than the price of its good. For monopoly, marginal revenue is lower than price because a monopoly only faces a downward-sloping demand curve. C:UsersTOSHIBADesktop123a.jpg Figure 3: Demand and Marginal-Revenue Curves for a Monopoly The demand curve shows how the quantity affects the price of a good. The marginal-revenue curve shows how the firms revenue changes when the quantity increases by 1 unit. Marginal revenue is always less than the price because the price on all units sold must fall if the monopoly increases production 2.4 Profit Maximization In this graph shows the profit maximization for a monopoly. The point of A is the intersection of the marginal-revenue curve and the marginal-cost curve determines the profit-maximizing quantity. All this curves contain all the information we need to determine the level output that a profit-maximizing monopolist will choose. C:UsersTOSHIBADesktop123b.jpg Figure 4: Profit Maximization for a monopoly A monopoly maximizes profit by choosing the quantity at which marginal revenue equals marginal cost (point A). It then  uses the demand curve to find the price that will induce consumers to buy that quantity (point B). Thus, the monopolists profit-maximizing quantity of output is determined by the intersection of the marginal-revenue curve and the marginal-cost curve. 2.4.1 A Monopolys Profit C:UsersTOSHIBADesktopMicro Assignment diagram20130222_121054.jpg Figure 5: The monopolists Profit The area of the box BCDE equals the profit of the monopoly firm. The height of the box (BC) is price minus average total cost, which equals profit per unit old. The width of the box (DC) is the number of units sold. 3.0 Characteristics of Market Structures In a perfectly competitive market, the market structure is an interconnected feature or characteristics in which will affect the nature of competition and the price. For example, the volume and relative strength of buyers and sellers, the degree of collusion among them, level and forms of competition, the extent of product differentiation, and the ease of entry into and exit from the market. Market structures refer to the competitive environment within which a firm operates. Market structures divided into four basic types which is perfect competition, monopolistic competition, oligopoly and monopoly. 3.1 Perfect Competition Perfect competitive is defined as a market in which there are many buyers and sellers, the products of selling are homogeneous, and sellers can easily enter and exit from the market. 3.2.1 Characteristics of Perfect Competition Large number of buyers and sellers: Reynolds, R. L., (2005, p.2) points out that the idealized perfect competitive insures that no buyers and sellers has any power or ability to influence the price. The perfect competitive market is price takers. Products of selling are homogeneous: The firm must sell homogeneous product. The products are where the buyers could not differentiate the products of one seller to another seller. Easy enter and exit: From the research of Salvatore, D. (2009, p.245) demonstrated that resources or inputs are free to move among the various industries and locations within the market response to monetary incentives. So, there are no artificial barriers to entry into and exit from the industry. Perfect knowledge: Both of the sellers and buyers have perfect knowledge of the market. Sellers and buyers cannot influence with each others.Both of them must know the market price of the goods as given. Non-price competition: Microeconomics, 2008 Author: Dviga Vengedasalam, Karunagaran Madhavan, Rohana Kamaruddin point out the role of non-price competition is insignificant since many sellers sell the products at a fixed price and furthermore, the products are identical. The firms have no control over the price and their gods are identical, so there is no selling cost. 3.3 Monopoly Monopoly is single seller in which sell the product is unique. Thus, there are large number of buyers and selling the products that have no close substitution and have high barriers between entry and exit. For an example that gave by Vengedasalam, D., et. al. (2008, p.229) If want to subscribe home telephone services, the only one will go is Telekom Malaysia. 3.3.1 Characteristics of Monopoly Single seller in the market: Monopoly is a price maker in the firm which has the power to control the price. In the proof of the auxiliary theorem Jackson, J. (1998, p.22.5), price maker is a seller of a commodity that is able to affect the price at which a commodity sells by changing the amount it sells. No Close Substitutes: It means customer or buyers could not find any substitute for the product. If the buyer can find out, then this product is no more in monopoly. In others way to describe, a monopoly cannot exist if there is a competition or any substitute product. Strong barriers to the entry into the industry exist: In a monopoly market there is strong barrier on the entry of new firms. Monopolist faces no competition. The monopolist has absolute control over the production and sale of the commodity certain economic barriers are imposed on the entry. 3.4 Monopolistic Competition Microeconomics, 2008 Author: Dviga Vengedasalam, Karunagaran Madhavan, Rohana Kamaruddin points out that the Monopolistic competition is a market structure in which there are large numbers of small sellers differentiated products but these are close substitute products and have easy entry into and exit from the market. 3.4.1 Characteristics of Monopolistic Competition Large numbers of seller and buyers: It is less as compared to perfect competition. Because, monopolistic competition will produces different or unique products, so that they will have some control over the prices. Hence, each firm will follows an independent of the price output policy. Product differentiation:Each firm produces a product that is at least slightly different from those of other firms. For example, if coffee is sold in coffee pack only, then it is perfect competition. But, if the same coffee is mixed with chocolate packaged in a box and label as Choco-Coffee, then this product is in monopolistic competition. Easy entry and exit:This is freedom to entry of new firms, but it is not as easy as perfect competition because it needs to make some differentiate product enter the monopolistic competition. 3.5 Oligopoly According to the preservearticles.com, Oligopoly is often referred to as competition among the few. In brief oligopoly is a kind of imperfect market where there are a few firm in the market, producing either and homogeneous product or producing product which are close but not perfect substitutes of each other. 3.5.1 Characteristics of Oligopoly Few numbers of firms: The firms are few but the size of firms is large. In few firms will control the overall industry under oligopoly. For example of the oligopoly which is Unisem and Carsem. Homogeneous and differentiated product: The firms in an oligopolistic industry may produce standardized or differentiated products. For example, DIGI or U-mobile produced by one firm is identical to another firm. Mutual interdependence: The author further stated that oligopoly always consider in choosing price, sales target, advertising budgets and other. Price rigidity:According to the preservearticles.com, there is the existence price rigidity. Prices lend to be rigid and sticky. If any firm makes a price-cut it is immediately retaliated by the rival firms by the same practice of price-cut. There occurs a price-war in the oligopolistic condition. 3.7The Differences between the various characteristics with the four types of market structure The various characteristics between the four types of market structure which are Perfect Competition, Monopolistic Competition, Oligopoly and Monopoly have been discussed. The most important of these characteristics are differentiate in which will affect the nature of competition and the price. Therefore, table 2 shows the differentiation of the characteristics of the following market structure. Perfect Competition Monopolistic Competition Oligopoly Monopoly Barriers to entry Low Low High Very High Number of Producers Many Many Few One Types of product Standardized Differentiated Standardized or Differentiated Unique Example Fruit Vegetables 100 Plus Carsem Astro Table 2: Characteristics of market structure 4.0 Conclusion and Recommendation As my conclusion, I think that monopoly is the best in microeconomic. This is because monopoly is a form that is the sole seller of a product without close substitutes. It remains other firms cannot enter the market and complete with it.

Michelangelo Essay -- Biography, Michelangelo, Vatican City

As a child, Michelangelo was taken to Florence, where he was apprenticed to the painter Ghirlandaio: he seems to have found his master’s somewhat bland style uncongenial, preferring the more dustere and monumental art of Giotto and Masaccio. (Gowing447) Michelangelo ultimately chose to becoma a sculptor, and at the age of sixteen he went to study at a new school sponsored by the most powerful man, in Florence Lorenzo de Medici. (Field298) In 1496, Michelangelo was in Rome, where he was able to study far finer examples of classical art than he could have found in Florence. (Field447) The limited influence of his works includes a few cases of almost total dependence, the most talented artist who worked in this way. (Hill392) In 1505, Michelangelo was summoned to Rome to make a gigantic tomb for Pop Julius II in St. Peters, the project was to obsess him for more than three decades, as successive powerful patrons demanded his services for other commissions. (Gowing447) Pope Julius II called Michelangelo to Romie in 1505 to design his tomb, which was to include about forty life size statues. The project occupied Michelangelo off and on for the next forty years. Of it he wrote, â€Å"I find I have lost all my youth bound to this tomb.† (Hill392) Then in 1508, the pope ordered him to paint the vault of the Sistine Chapel in the Vatican: the result was the most influential single work in the history of European art. (Gowing447-8) †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Sent abt medicis fam †¦Ã¢â‚¬ ¦.. At one of Medici’s functions that Michelangelo got into a fight with another student, who punched him in the nose. For the rest of his life, Michelangelo had a flattened nose, which makes him easily recognizable in portraits. ( Field298) A reconciliation between Julius II, and Michelange... ...ll the people of Florence could see it. But there was a problem. They had to figure out how to get it there. More than 13 feet (4 meters) high and made of marble, David was obviously extremely heavy. An architect was called in to construct a special wooden frame from which David was to be hung with ropes. The ropes were tied with a special kind of slipknot, invented by Michelangelo. They got tighter and tighter the more weight there was on them. Four men took five days to move David from the church to the square. People packed the square to look at the new statue, but not everyone liked what they saw—a naked man standing out in the open and some threw stones at it. Gradually, however people began to appreciate the statue and to see that Michelangelo had given them a great and inspiring symbol. From then on his name, like his statue, soared above Florence. (EBSCO)

Instruments of Change :: Third World Countries Progress Essays

Instruments of Change As our world is becoming more technologically advanced, many countries are being forced to change their ways. Many Third World countries are in the process of modernization, though some are ahead of others. Besides modernization, there are other factors that can influence a country to change. These factors consist of the military, a charismatic leadership, ideology, bureaucracy, and religion. The military can be a very powerful instrument of change. For example, the majority of countries in the Middle East are ruled by the military. The military is seen as a very capable institution because of the fact that it can build or destroy nearly anything. It is also most representative of the society because it includes all classes and types of people. An illustration of the military as an instrument of change is the military takeover of Egypt, led by Nasser in 1952. The military takeover of a government is often referred to as a coup d’etat. Nasser was a member of the Free Officers. Nasser, like other members, came from a lower-middle class background and was frustrated with the feudal system that was being enforced in Egypt. Under the feudal system, only two percent of the people owned an entire 75% of the land. Due to the unfairness and the people’s hatred of the current king, the military took over the land of Egypt. The second instrument of change is leadership, which plays a significant role in the process of change. Nasser became the leader of Egypt after the military revolted. In 1953, Nasser gave a famous speech in Alexandria where someone fired four shots at him but missed. Nasser was praised for this speech, stating "I live for Egypt, I die for Egypt." These words turned Nasser into a charismatic leader- a leader who is seen as a type of God and is a huge role model to the people. During his rule, Nasser wanted to give Egypt back to the Egyptian people. Nasser accomplished this by giving extra plots of land to peasants, passing Agrarian Reform Acts to help out the lower classes, and by gaining control of the Suez canal. Needless to say, Nasser was seen as a great leader and hero in the Third World. The third instrument of change is ideology. Ideology is simply a belief system- what one feels is good or bad. Ideology can also be referred to as a set of political ideas or values.

Health Psychology Essay

In this assignment I will be explain two different health psychology issues and explaining them. The two different issues I have decided to talk about are eating disorders and childbirth. I will then compare the two health psychology issues in relation to their common themes and also their different. P3 Explain specific health psychology issues. Using two health psychology issues of interest to you, you should explain the specific issue in detail Eating Disorders (anorexia and bulimia) Anorexia and bulimia are caused through psychological issues. Eating disorders are known by an unusual attitude towards food that causes someone to change their eating habits and behaviour and also their image. An individual with an eating disorder will focus on their getting their weight, shape, size down to the least they can, and also change the way they look. This causes them to make unhealthy choices about eating which then causes damage to their health and other things. Around one in 250 women will experience anorexia at some point in their lives, and the condition usually starts around the age 16/17. This is because at this age girls want people to like them and boys to start being attracted to them, so they feel the need to become skinny and different. Also a lot of celebrities battle with the weight and some have become anorexia so teenage girls don’t see anything wrong with it. Sometimes there are biological and other things influencing someone to have an eating disorder. They are often responsible because of the pressure from friends and the media to be thin, as a lot of young girls feel they should look a certain way to be popular and for boys to notice them. The consequences from an eating disorder can be more serious than the way someone looks. Spotting that a person has an eating disorder can be very difficult to see, especially if it is someone close to yourself. If an eating disorder is not spotted and treat it can have a major impact on someone’s life. It can effect someone’s job or schoolwork, and can also break up relationship with family and friends. The effects of an eating disorder can sometimes be fatal. To treat an eating disorder and recovering from one can take a long time. To treat a disorder usually involves monitoring a individuals physical health and helping them deal with psychological problem. It is important for friends and family to be there for the individual and help them believe they can get better with time and support from the loved ones. Examples of treatment could be cognitive behaviour therapy also known as CBT, another method is interpersonal psychotherapy, dietary counselling and also medication. Psychological Causes of Obesity Many people today eat when their emotionally such as because the person is bored, sad, anger or even happy. Obesity can be caused by things like stress or depression and can cause a number of different health implications. For example a person that is obese is more likely to have diabetes later in life and also suffer heart problems. Over 30% of today’s population seek treatment for weight problems and this is all caused through binge eating. Binge eating is when someone eats large amount of food while feeling they can’t control how much they are eating, people who seriously binge and a very obese develop a disorder call binge eating disorder. The people with this kind of eating disorder find it difficult to lose weight and also find it difficult to control how much they are eating. Many people may need serious help for example counselling or medication or even operation to make the stomach smaller to help there binge eating addiction. Childbirth Childbirth today is most likely in the hospital and a team of midwifes help delivery the baby, in today’s society childbirth is very all to do with the medication given. Epidurals are the most common drug used in childbirth, and are used for over half of all child birthday in hospitals. An epidural interferes with normal bio-feedback between the pelvic muscles and the mother’s brain during labour. The drug slows down the labour, which can cause some serious things happen during giving birth. Things such as making the mother three times more likely to be given a drip, and it can also double the chances of the mother having to have a caesarean. There are different side effects when using an epidural such as a drop in the mother’s blood pressure leading to lack of oxygen for the baby. When an epidural is given, the baby can have some difficulties with taking the milk from the mother and maybe some behaviour problems. Home births are now a very rare thing and can only go forward if the midwife says it can, and can only occur if the baby’s head is upside down. There can be risks and benefits to having a home birth, these are: previous difficultly giving birth or heavy bleeding after the birth, previous c section, raised blood pressure and finally anaemia. There are many different cultural and religious views of childbirth. Caesarean section rates have been increasing due to higher number of caesarean section for the baby’s sake, and keeping the baby from getting upset and distressed through labour. Water births are a nice way for women to give birth, this is because water is an effective pain relief in labour. When women are having a water birth warm water is usually used to help the woman unwind and relax, it eases aches and pain. More woman are choosing to have a water birth, and women who have impaired mobility may find giving birth in water helpful rather than in the hospital. The culture which the mother of the baby has been brought up in always plays a big part of how women deal with their pregnancy and labour. Some Christians believe that the labour pain can be seen as ‘the way God intended it to be’. This is something strong Christians believe and will go through labour with no pain relief, this may inspire some women who are not Christian to go through without pain relief and give a natural birth. In cultures such as Japan, the woman must not express much distress through labour, she has to be seen very calm and composed. In the Middle East and Mediterranean area women are expected to scream and cry uncontrollably in the childbirth. The woman of the east doesn’t always use pain relief, the screaming and crying throughout labour is to express her labour pain and message to her support people that she needs loving and sympathy. The Western are often see labour pain as something to be fixed or stopped, in some cases the western turn to medical resources to relief the pain of labour with gas and air, and maybe an epidural. Now woman a trying to use natural therapies to minimise using pain relief.

Impact of Trade on East Asia and South Asia Essay

East Asia and South Asia was similar in that it promoted economic development in both regions and transformed port cities of both regions into cosmopolitan centers, but differed in that it helped with the establishment of Buddhism in China while it helped with the establishment of Islam in India. The impact of trade on East Asia and South Asia was similar in that it promoted economic development in both regions. In East Asia, the Grand Canal, a series of connected waterways, linked together north and south China. As northern and southern China traded rice and other food crops, the larger economy of China improved and grew. In South Asia, northern and southern India traded spices, metals, and specialized crops that were not available throughout India. As northern and southern India traded, the south prospered and experienced a surge in economic development. Trade promoted economic development in both East Asia and South Asia because they both traded within their region and outside of it, obtaining profit and wealth, along with goods. The impact of trade on East Asia and South Asia was similar in that it transformed port cities of both regions into cosmopolitan centers. As China traded, Arab, Persian, and Malay merchants settled within its region. The merchants settled in port cities, such as Guangzhou and Quanzhou, which turned into cosmopolitan centers. As India traded, Muslim, Jewish, and other merchants began to dwell within the subcontinent. The brokers became residents at port cities, such as Calicut, which developed into cosmopolitan societies. Trade transformed port cities in both East Asia and South Asia into cosmopolitan centers because they both had thriving commercial centers where merchants moved to in search of business opportunities. The impact of trade on East Asia and South Asia differed in that it helped with the establishment of Buddhism in China while it helped with the establishment of Islam in India. Buddhism diffused into China along trade routes. Merchants set up Buddhist communities in China, such as Dunhuang, helping it gain a foothold in society. Islam spread into India as merchants traded and settled in the region. As they settled in cities, such as Cambay, they spread Islam into Indian society. Trade helped with the establishment of Buddhism in China, but helped with Islam in India because Muslim merchants traveled to South Asia due to its trade centers and relative proximity, while Buddhist merchants traveled to East Asia in search of trade opportunities outside of India. From 600 to 1450 CE, the influence of trade on East Asia and South Asia was similar in that it encouraged economic growth in both areas and helped with the development of port cities into cosmopolitan centers in both regions, but differed in that it promoted the establishment of Buddhism in China while it promoted the establishment of Islam in India.

Checks essays

Checks essays Recent cheques have been declining in popularity at an alarming rate and in three years time it is possible that cheques will become obsolete. This is because of internet banking which has risen in popularity in recent years, the use of credit cards as a means of payment which is much more convenient than payment with cheques and also the increasing use of telephone banking systems offered by banks and other various institutions. With the internet spreading like wild fire, many people have taken up internet banking and put banking with cheques aside. This is because internet banking is so easily accessible and also because of the developing technology in the computer and banking industry. When internet banking started, security was a main issue of the new system, hackers such as GMY could easily gain access into somebodys bank account and steal account details, passwords and other details which are valuable to the account holder, transaction details can be intercepted at various points on a network and could be read by prying eyes, but with the introduction of 128bit encryption, transaction details are harder to intercept and read now, with technology increasing at a rapid rate, encryption rates could increase in security but not slow a computer down. This security offered by internet banking can not be met by cheque accounts and cheques which are lost in mail can easily be cashed in or deposited in a bank account if not filled in correctly. Various businesses now do not allow payment with cheques as they carry a fee if the cheque bounces (rejected by the bank) due to lack of funds or other reasons. Because of this cheques are not readily accepted and payment with a cheque may not be possible, however netbanking with banks such as the Commonwealth bank allows fund transfer between any account or business and wont be rejected, not only that cheques need to be given to the payee via mail or person, with internet banking...

Essay on Proper Classicism

Essay on Proper Classicism Essay on Proper Classicism In reviewing the article â€Å"Proper Classicism†, the article’s lofty tone is well summarized in the second paragraphs opening statement â€Å"...the Howard Building at Downing College has been seen as a key monument in the current Classical Revival, which is being energetically promoted in certain quarters- especially as it has been designed by the self-appointed doyen of living Classical architects, Quinlan Terry. â€Å"Self-appointed† really seems to be the undeniable overture of the critique. As the writer drones on regarding academic architectural perspective, the reader is left rearing through a tidal wave of self-important ramblings regarding â€Å"etiolated Classicism... and Renaissance Greek inspiration. This article seems to embody the antiquated and elitist philosophies that often shroud academically embellished â€Å"peer† reviews. As every architectural detail of this college campus’s structure is analyzed, the review jumps from â €Å"Neo-Classical character ignored†, to Indictable Classicism, to a mention of the â€Å"Disappointing Interior†. Oddly enough, the interior is not â€Å"disappointing† because of its lack of innovation in use of efficient material, or design, according to the critic, it is disappointing â€Å"because of a lack of correlation with the exterior design and the essential crudeness of detail†. From the summary of this review, one is led to believe that the sole purpose of the development is to properly mimic a historic style and conform to a stylized concept. From a utilitarian perspective, this seems utterly ridiculous. Rambling on about the architects accuracy of a stylized perspective seems better suited for a lecture in art history than an architectural review. How are we to understand the ingenuity of the architecture or innovation of technical design, if all that is scrutinized is

Learning by Doing

Learning by Doing With practice and the right process, executive can develop a core competence in strategic thinking.This article presents a methodology executives can employ to conceive and implement creative and coherent strategies. Managers can use the methodology repeatedly to reassess the organization's direction, thereby cultivating both their competence in strategic thinking and their understanding of how strategic decisions connect to the market are most importantThe challenge of Redefining and Implementing StrategyThe author gave us an example about Butterfield Fabrics operation.There are three stages.1. Stage One: Identify the Driving forces in Your Company's Competitive Environment. In this stage, author tell us how the management team making the strategies.2. Stage Two: Formulate Strategy That Addresses the Driving Forces. Strategy formulation involves three steps. First, you need to brainstorm ideas for what needs to be done and devise initiatives for each driving force. Second, you have to plot those initiatives on a matrix to get a sense of how they fit together.English: Strategic planning barnstar received toda...Third, you must create maps that make explicit how each functional group in the organization will contribute to achieving the strategy.3. Stage Three: Create a Plan for the Protests to Implement the Strategy. The final stage in the driving-forces method of strategy marking is to develop a plan that defines specifically how money and manpower must be spent over time to implement the strategy.Competence in StrategyGood management teams are deeply competent when it comes to preparing annual operating plans and delivering the numbers called for in those plans. Why? Because, they confront these tasks over and over again. Managers develop ways of thinking and working that mar them very effective in meeting those recurring challenges.A company's executives can actively cultivate a deep competence in strategic planning by engaging in such planning over again.

DuPont Essays - Chemical Companies, DuPont, Bronfman Family, Seagram

DuPont Essays - Chemical Companies, DuPont, Bronfman Family, Seagram DuPont An investment analysis DuPont makes a variety of high-value products for industry today, including polymers, chemicals, fibers, and petroleum products...products for agriculture, electronics, transportation, apparel, food, aerospace, construction, and health care. DuPont serves customers in these and other industries every day, offering "better things for better living" as the company prepares to begin its third century of scientific, technological, commercial, and social achievement. DuPont is a research and technology based chemical and energy company with its annual revenue exceeding $39 billion. Eleuth?re Ir?n?e du Pont de Nemours, a French immigrant, established DuPont in 1802 in a small Delaware town. E.I. du Pont was a student of Antoine Lavoisier, the father of modern chemistry, and when he came to America he brought some of the new ideas about the manufacturing of consistently reliable gun powder. His product ignited when it was supposed to, in a manner consistent with expectations. This was greatly appreciated by the citizens of the growing nation, including Thomas Jefferson, who wrote thanking du Pont for the quality of his powder, which was being used to clear the land at Monticello. Many other heroes of early America owed their success, and their lives, to the dependable quality of DuPont's first product. This represents a good, strong start for a company. DuPont, which is moving through the last decade of the twentieth century and toward its third century, emphasizes several things; competing globally; sharpening its business focus; increasing productivity; committing to safety, health, and environmental excellence; and continuing to extend its significant science and technological achievement. One of DuPont's major strategies is to focus on businesses in which DuPont has core competencies, where DuPont can build competitive advantage. The most notable example of this focus was the 1993 transaction in which DuPont acquired ICI's nylon business and ICI acquired DuPont's acrylics business. This strengthened the company's position in the global nylon business while divesting a business that no longer fit its portfolio. Another major factor in the transformation of the company in the1990s was the focus on reducing costs and improving productivity. This was necessary to give the company the flexibility for competitive pricing and to grow market share and earnings. DuPont had strong plants in several countries around the world for many years, and their globalization trend continued in the 1990s. New plants opened in Spain, Singapore, Korea, Taiwan, and China, and a major technical service center opened in Japan. In 1994, a Conoco joint venture began producing oil from the Ardalin Field in the Russian Arcticthe first major oil field brought into production by a Russian/Western partnership since demise of the Soviet Union. A further major development was the redemption of 156 million DuPont shares from Seagram for $8.8 billion in cash and warrants - one of the largest stock redemptions in history. This large block of shares was redeemed at a 13 percent discount to market price. While DuPont later sold some new shares, there are 18 percent fewer shares currently outstanding than just prior to the redemption. This resulted in a significant opportunity for wealth creation for our stockholders. The share redemption was made possible by four years of cost reduction, productivity improvement and organizational change that have made DuPont strong financially and allowed them to move decisively and quickly. The DuPont that emerged from the company's transformation in the 1990s has often been described by people inside and outside the company as "the new DuPont." This characterization is only partly appropriate, because while DuPont has changed, there are many things that remain the same. The core competency in science and technology, the commitment to safety, the concern for people, the feeling of community, the emphasis on personal and corporate integrity, the future focus, and indeed the willingness to change. DuPont is a company not only out for their own interest, but also for the best interest of the world. What has always set DuPont apart is the quality of the people, people committed to making life easier and better for everybody, proud to be a part of an enterprise making "better things for better living." That was true in 1802. And it is just as true today. In the second quarter of 1995 DuPont reported earnings per share of $1.70, up 47 percent from the $1.16 earned in the second quarter 1994. Net income totaled $938 million, compared to $792 million earned in 1994. Both earnings per share and net income increased 27 percent."These outstanding results continue to reflect strong revenue gains and ongoing productivity improvements," said DuPont Chairman Edgar S.Woolard Jr. Sales for the second quarter were $11.1 billion, up 9 percent from prior year. The third quarter of the 1995 business year led DuPont to a $1.38 per share earning. This number exceeded the $.95 earned in the third quarter of 1994 by more than 45%. Net income totaled $769 million compared to $647 million earned

Find out how large are the media industries in the U.S in terms of Essay

Find out how large are the media industries in the U.S in terms of last year's revenues and influence. What are the consequences of that for media culture - Essay Example Usually, the largest, most impressive grosses, are generated by high-budget A-Pictures, financed and/or released by the MPAA companies; however, such pictures do not always create the optimum rate of return, especially for net profit participants, who, unfortunately, only see profit participation in 5% of the pictures. The statistics of the movie industry in the United States also reveal that there had been an increase of almost 30% in the media markets in the span of the past ten years. According to a study conducted by Monitor Co., the movie and television industries contributed over $16 billion to the State of California's economy, directly employing 164,000 and indirectly employing another 184,000. The study also found that the vast majority of feature films and television programs are produced by independent producers. During the recent past, there has been a lot of transformation in the way media is reaching the audience. There has been a shift in the media in new forms like DVD and internet. This shift obviously has got an influence and also a strong cultural and social impact on the society.

Why does a company use venture capital to bring it to the market Dissertation

Why does a company use venture capital to bring it to the market - Dissertation Example Venture capitalists are those who plunge at the rescue of companies when they need it the most and hence bail them out of an impending crisis owing to a financial crunch. These venture capitalists are virtually risk lovers who offer their resources to companies with a high growth potential but which are involved in innovative practices not considered secure according to conventional thoughts. They invest merely to test their luck and speculative powers. However, recently this trend has taken a U-turn with most of the venture capitalists opting for companies with an already established brand name backing them and searching for investors for new product development or market expansion in different regions. But, the function of venture capitalists is still largely recognised as one that helps push a new entrant to the market and distinguish its position. The present paper attempts to illustrate the fact through the experiences of senior managers employed at a Chinese company. 1.1 Backgr ound Venture capital has emerged as an intermediary, with a significant clout in the financial markets, facilitating access of capital to the firms facing difficulty in raising funds. These firms, mainly in their nascent stage, are beset by high uncertainty levels, possess limited tangible assets and these firms function in a highly dynamic markets. Venture capital is often touted as one that fuelled innovation in American economy and as an industry that fuelled the rise and fall of the era of ‘internet’. The research conducted on the dramatic growth and decline in this industry has shown that the venture capital industry, though smaller in size than the public markets, has succeeded in exercising a positive influence on the general economic environment. The venture capital industry is essentially an American phenomenon with its origin in â€Å"family offices† entrusted with the task of managing the wealth of high profile individuals. With time these families hir ed professional managers from outside to oversee and monitor such investments. The venture capitalists invest funds in nascent business firms. Most of these firms have limited cash resources and a majority of them are subject to strict credit rationing. Besides, these firms are characterised by information asymmetries and high levels of

See below Essay Example | Topics and Well Written Essays - 10000 words

See below - Essay Example According to Feldman, individual rights must be balanced against social goals3 and he views human rights as being linked to the conditions necessary for a democracy; human rights â€Å"help to establish the conditions of free speech, tolerance, equality and mutual respect for people’s dignity†¦Ã¢â‚¬ 4 Locke lays the foundation of a civil society upon the premise that people surrender their natural freedoms to a system of common laws in order that they receive the protection of the Government and it is this system of laws that restrains them from harming others to enforce their natural laws.5 In the aftermath of World War II and the Nazi atrocities, it was Winston Churchill who first pressed for â€Å"the environment of human rights† which led to the drafting and implementation of the Universal Convention of Human Rights.6 The Preamble to the Convention establishes â€Å"recognition of the inherent dignity and of the equal and inalienable rights of all members of the human family† as the basis upon which its Articles are founded.7 There are 30 separate articles, all of which spell out the basic rights that are meant to be accessible to every individual, irrespective of the country to which he or she belongs8. The aim and objective of this dissertation is to examine the execution of human rights law and its application through the various regional instruments that have been spelt out in different parts of the world. This dissertation will also examine violations in human rights that have been taking place and how best such violations may be prevented. It will attempt to assess whether human rights are best protected on a universal, regional or national basis, from the point of view of the framework of the law and its execution. The Methodology that is proposed in this study is primarily a library based research effort that will examine existing international law and the developments in execution of human rights over the globe.