Farming societies Essay Example | Topics and Well Written Essays - 750 words

Cultivating social orders - Essay Example In basic cultivating social orders monetary exercises are not isolated from strict, political and social perspectives (Walrath and Prins 51). The financial arrangement of a cultivating society to a great extent relies upon creation, dissemination and utilization of merchandise. In any case, there numerous sorts of monetary frameworks which include: customary and present day, mechanical and non-modern, and little scope and enormous scope economies. In the little scope social orders that are non-modern, land and other significant assets are normally constrained by gatherings of related individuals and individual responsibility for is uncommon to discover. The division of work is finished by sexual orientation and age of the individuals from the general public. Straightforward cultivating social orders additionally practice specialization of expressions and specialties, despite the fact that, creation is completed distinctly for the amount required at that point. A large portion of the merchandise created are devoured by those in the gathering that produces them. This is unique in relation to the monetary association of huge scope modern and post mechanical social orders (Walrath and Prins 59). ... The trading of products and ventures is additionally done as a custom or for renown purposes (Walrath and Prins 86). This is the place dissemination of merchandise is finished by the legislatures or the strict first class who gather and apportion assets. Areas of trade of products and ventures are assigned in specific regions. Here, individuals meet companions and outsiders, discover diversion and exchange products. Notwithstanding, in mechanical social orders, trade is backhanded, unoriginal and intervened through cash or capital resources in type of offers and stocks. Also, in the advanced age, exchange can be directed on the web with individual contact. The significant trademark among cultivating social orders is Cooperative work bunches in any case the society’s mechanical ability. For example, in cases the work bunch includes the entire network a bubbly state of mind penetrates the work. In many social orders, participation essentially begins at the family unit level. Thr ough collaboration, cultivating social orders can designate obligations of creation and appropriation, just as, allotment of products and assets. There is extraordinary assorted variety in the sorts of particular errands that are performed. In any case, despite the fact that specialization has expanded in the cultivating social orders, current advances have impacted them with the end goal that division of work based on sex has gotten less important. In current cultivating social orders, every part is educated on all parts of work in spite of the fact that specialization is as yet kept up (Walrath and Prins 43). As indicated by Walrath and Prins, Simple cultivating social orders are immovably established in the way of life of individuals in their networks (101). This culture is given from the more established age to the more youthful age. By doing this, the more youthful individuals from the cultivating society,

Communication Theories Essay Example | Topics and Well Written Essays - 250 words

Correspondence Theories - Essay Example â€Å"Our approach centers around contrasts of the view of science by news coverage, which influences hierarchical issues, that implies that we recognize programs with respect to their relatedness to science and their up-to-dateness.† (Institute for Media and Communication Studies) The other methodology is likewise essential to consider, other methodology is the science focused methodology. The procedure of correspondence isn't as simple as it is by all accounts, it is a perplexing procedure. It is critical to comprehend the structures of various media frameworks, these frameworks likewise help in understanding the procedure of correspondence. To finish up any reasonable person would agree that the methodology which best suits the understudies ought to be picked, there is not really any point picking a methodology which would not be loved by the understudies, it will neglect to encourage the way toward learning. It will likewise influence the confidence of the understudies which will be anything other than

Searching for False Truth

Searching for False Truth Theres a hostel in Portland with a pristine facade leading to a luxurious entryway, both of which create a stunning first impression for new guests. The buildings interior accommodations, however, are shabby and ragged, leaving patronsâ€"including your two authorsâ€"feeling duped by the establishments proprietors. Not exactly lied to, but not exactly presented with the Truth either. Such is the case in our own lives, too You see, we humans often claim to be searching for the Truth: We want the right question. The honest answer. The correct formula.  But while searching the world around us, what we tend to settle for is something comfortable, something that looks like the Truth, circumventing real Truth for a comfortable facade of Truth. We purchase things in an effort to make us happy. We attempt to fill the void inside us with ephemeral relationships. We pay lipservice to our priorities, spending time pacifying ourselves instead. We accept the appearance of Truth as if its the same thing. But of course its not. Truth: while theres nothing wrong with owning stuff, new material possessions wont remove discontent from our lives. Truth: when we feel empty inside, it is us ourselves whove created that voidâ€"and only us who can fill it. Truth: however we spend our timeâ€"be it surfing Facebook or exercising at the gymâ€"those are our actual priorities. The Truth can be sharp, unexpected, painful.  Once we get past its jagged edges, though, the Truth represents real comfortâ€"a knowledge that once we drudge through lifes drudgery, we can live a life thats congruent to our values and beliefs. With or without a beautiful facade, the Truth is always more satisfying than even the prettiest lie. Subscribe to The Minimalists via email.

History of Kitchen Appliance Inventions

By definition, the kitchen is a room used for food preparation that is typically equipped with a stove, a sink for cleaning food and dish-washing, and cabinets and refrigerators for storing food and equipment. Kitchens have been around for centuries, however, it was not until post-civil war period that the majority of kitchen appliances were invented. The reason was that most people no longer had servants and housewives working alone in the kitchen needed culinary help. The advent of ​electricity greatly advanced the technology of labor-saving kitchen appliances. History of Large Kitchen Appliances Dishwasher:  In 1850, Joel Houghton patented a wooden machine with a hand-turned wheel that splashed water on dishes, it was hardly a workable machine, but it was the first patent.Garbage Disposer:  Architect, inventor John W. Hammes built his wife the worlds first kitchen garbage disposer in 1927. After 10  years of design improvement, Hammes went into business selling his appliance to the public. His company was called the In-Sink-Erator Manufacturing Company.Ovens or Stoves:  The first historical record of a stove refers to a device built in 1490 in Alsace, France.Microwave Ovens: The microwave oven was invented by Percy L. Spencer.Refrigerator: Before mechanical refrigeration systems were introduced, people cooled their food with ice and snow, either found locally or brought down from the mountains. History of Small Kitchen Appliances Apple Parer: On February 14, 1803, the apple parer was patented by Moses Coates.Blender:  In 1922, Stephen Poplawski invented the blender.Cheese-Slicer:  The cheese-slicer is a Norwegian invention.Corkscrews:  Corkscrew inventors were inspired by a tool called the bulletscrew or gun worm, a device that extracted stuck bullets from rifles.Cuisinart  Food Processor:  Carl Sontheimer invented the Cuisinart food processor.Green Garbage Bags:  The familiar green plastic garbage bag (made from polyethylene) was invented by Harry Wasylyk in 1950.Electric Kettle:  Arthur Leslie Large invented the electric kettle in 1922. General Electric introduced the electric kettle with an automatic cut-out in 1930.Weber Kettle Grill:  George Stephen invented the original Weber Kettle Grill in 1951.Mason Jar:  John Mason patented the screw neck bottle or the Mason Jar on November 30, 1858.Electric Mixers:  The first patent that can claim to be for an electric mixer was issued on Novemb er 17, 1885, to Rufus M. Eastman. Lillian Moller Gilbreth (1878-1972), the mother of 12 children, also patented an electric food mixer (at a later date).Mixmaster:  Ivar Jepson invented Sunbeam Mixmaster, which he patented in 1928, and first mass-marketed in 1930.Paper Towels:  The Scott Paper Company was founded in Philadelphia by Irvin and Clarence Scott in 1879. Brothers Seymour and Irvin Scott ran a paper commission business for twelve years, but the poor economy in the 1870s forced them out of business. Irvin and his younger brother, Clarence, then decided to form their own company out of the remains of the first. Irvin reportedly borrowed $2,000 from his father-in-law and added it to the $300 the two brothers had to form the capital of Scott Paper Company. In 1907, Scott Paper introduced the Sani-Towels paper towel, the first paper towels. They were invented for use in Philadelphia classrooms to help prevent the spread of the common cold from child to child.Peelers:  The nineteenth-century created numerous kitchen use inventions: toasters, potato mashers, apple/potato peelers, food choppers, and sausage stuffers were all invented. Over 185 patents for coffee grinders and over 500 patents for apple/potato peelers were patented in the 1800s. Early peelers were made of iron and the patent number and other information were included in the casting. Peelers ranged from the familiar and simple round swiveling rod with a knife blade that peeled skin, to contraptions full of gears and wheels that could peel, core, slice, and section. There were separate peelers designed for different fruits and vegetables; there were even peelers that removed the kernels from ears of corn.Pressure Cooker:  In 1679, French physicist Denis Papin invented the pressure cooker, called Papins Digester, this airtight cooker produced hot steam that cooked food more quickly while preserving nutrients.Saran Wrap:  Saran polyvinylidene chloride or Saran resins and films (called PV DC) have been wrapping products for more than 50 years.Soap and Detergents: The history of soaps and detergents as we know them today date back to the 1800s.Squeegee:  The single-blade window cleaning squeegee was invented by Ettore Sceccone in 1936.Toaster: Toasting bread began as a method of prolonging the life of bread. It was a common activity in Roman times, tostum is the Latin word for scorching or burning.Tupperware: Tupperware, plastic containers with airtight lids, was invented by Earl Silas Tupper.Waffle Iron: The waffle iron was patented on August 24, 1869, invented by Cornelius Swarthout of Troy, New York. The patent described the invention as a device to bake waffles.

Customer Representative Agreement Delta Laboratories, Inc.

I hope you ve been well. I ve reviewed the information you sent me and have put together some of my thoughts regarding your sales representative agreement. As you ve described it, you are specifically looking for advice on the questions of whether Delta Laboratories, Inc. will have different contractual obligation in different countries with having Inkglass as a representative, if Delta will need to register as an entity in each country, and what financial disclosures will be required by law. In short, I have not found any indication that there will be different contractual obligations from country to country, you will simply have to take Mexico into consideration. Also, for most countries I have researched, you will not need to register as an entity, but for some countries you will have to submit a form or register your information into some sort of Registry to import into their countries. I have also put together some other information for you to consider going forward with you r sales representative agreement. Some countries in Latin America do not require any registration to import into their counties. For example, Chile, Colombia, El Salvador, and Venezuela do not require you to register anything to import. On the other hand, some countries do require registration into at least some sort of Registry: †¢ To import into Mexico, you will need to register with the General Importers Registry, and in order to perform foreign trade operations, companies must hire aShow MoreRelatedThe Boeing Company 2007 Annual Report61846 Words   |  248 Pagesto airlines and U.S. and allied armed forces around the world. Our capabilities include rotorcraft, electronic and defense systems, missiles, satellites, launch systems and advanced information and communication systems. Our reach extends to customers in more than 90 countries around the world, and we are a leading U.S. exporter in terms of sales. With corporate offices in Chicago, Boeing employs more than 159,300 people in 49 American states and 70 countries. Our enterprise also leverages theRead MoreDarden Mba Resumes16768 Words   |  68 Pagesteam of five to win the Best Business Idea Award at the Entrepreneurial Competition held at University of Strathclyde, Glasgow, UK Won Best Undergraduate Project award amongst a total of 3000 projects for designing an Interactive Laboratory that improved students’ laboratory participation by 50% Honored as one of the top 30 students in India at the Indian National Mathematics Olympiad PERSONAL ï‚ · ï‚ · ï‚ · CFA Level III candidate for June 2010 Team Captain, Global Hunger Project, Credit Suisse; raised $20Read MoreEssay on Comm 393 Case Briefs12768 Words   |  52 PagesTopics: 1. what constitutes a rejection or counter-offer? 2. Equitable remedies: Specific Performance Montane Ventures – Plaintiff Frank Schroeder – Defendant Facts: †¢ M entered into k for purchase of land from F †¢ Completion of agreement subject to M receiving copy of lease (Internet Cafà ©) and being satisfied w/ such by Sep. 10th 99 †¢ Sep. 8th 99 telephone conversation b/w M F where F agrees to provide final inspection certificates from municipality †¢ Sept. 9th 99: MRead MoreCase Studies67624 Words   |  271 Pageswrapping of vegetarian and non-vegetarian food took place separately. These extra steps were taken to assure Indian customers of the wholesomeness of both products and their preparation. To convince Indian customers that the company would not serve beef and would respect the culinary habits of its clientele, McDonald’s printed brochures explaining all these steps and took customers on kitchen tours. McDonald’s positioned itself as a family restaurant. The average price of a ‘Combo’ meal, which included Read MoreProject Managment Case Studies214937 Words   |  860 PagesPROJECT MANAGEMENT CASE STUDIES, SECOND EDITION HAROLD KERZNER, Ph.D. Division of Business Administration Baldwin-Wallace College Berea, Ohio John Wiley Sons, Inc. This book is printed on acid-free paper. @ Copyright O 2006 by John Wiley Sons, Inc. All rights reserved. Published by John Wiley Sons, Inc., Hoboken, New Jersey Published simultaneously in Canada No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any meansRead MoreManaging Information Technology (7th Edition)239873 Words   |  960 PagesSystems CASE STUDY I-1 IMT Custom Machine Company, Inc.: Selection of an Information Technology Platform CASE STUDY I-2 VoIP2.biz, Inc.: Deciding on the Next Steps for a VoIP Supplier CASE STUDY I-3 The VoIP Adoption at Butler University CASE STUDY I-4 Supporting Mobile Health Clinics: The Children’s Health Fund of New York City CASE STUDY I-5 Data Governance at InsuraCorp CASE STUDY I-6 H.H. Gregg’s Appliances, Inc.: Deciding on a New Information Technology Platform Read MoreHemp Cultivation in China42289 Words   |  170 Pagesinvestigates the cultivation and processing techniques currently being employed to produce hemp ribbon and hemp seed. Recent production levels and market conditions are reviewed. Comparisons with Hungarian hemp cultivation and processing, being representative of Western hemp production, are provided where appropriate. Wild types and escaped plants are also described. Dedicated to the advancement of Cannabis, through the dissemination of information December 1995 Journal of the International HempRead MoreHuman Resources Management150900 Words   |  604 Pagesemployees in organizational success. This recognition meant focusing greater attention on the talents of diverse employees working at the bank. Specific efforts were made to expand opportunities for performance targets and measures on such factors as customer service, return on equity, and profitability. Yearly, the scores from all measures are computed as indices, and then compiled into one figure to measure overall bank performance. Executives believe that their emphasis on HR activities has contributedRead MoreInternational Management67196 Words   |  269 PagesPublished by McGraw-Hill, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY 10020. Copyright  © 2012 by The McGraw-Hill Companies, Inc. All rights reserved. Previous editions  © 2009, 2006, and 2003. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written consent of The McGraw-Hill Companies, Inc., including, but not limited to, in any network or other electronicRead MoreMarketing Strategies Of Nestle India For Chocolate Products Essay10181 Words   |  41 Pagesadv antage of the growing market, international confectionery companies are getting ready to woo the proverbial Indian Sweet tooth. An influx of worlds leading Chocolate players is expected. 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Society Versus the Individual Essay - 1766 Words

Society Versus the Individual The adage, â€Å"the proper study of man is man†, aside from its obvious gendered exclusion, describes mounds of writing and thought about society and its components. Debates rage on in virtually all fields with variations on the same theme: society versus the individual. In the writings of Durkheim, Sahlins, and Foucault, the individual as coherent, persistent, and in-control dissolves and is subsumed, to different extents, within society. For the first two, society dominates the individual to a large degree - but not entirely. For Foucault, however, the entire terms of the debate seem meaningless, as both are constructs of one larger mode of discursivity: the power/knowledge game that creates the†¦show more content†¦Obviously, these philosophical distinctions do not necessarily preclude subjectivity or make ‘one’ feel any less ‘free’, but the move is important strategically. If the subject is, while not â€Å"an illusion† (Fou cault 29), fabricated by discourse, it becomes a politicized space that can have various destructive or productive effects. Beyond being merely arbitrary, Foucault offers some solid reasons ‘the individual’ may be politically undesirable. On the one hand, the concept of an individual subject with relative autonomy, coherence, persistence, and so forth is far from internally cogent. If the subject is partially determined, and partially free, the theory doesn’t say much at all because â€Å"free† remains undefined. If the freedom has behavior, patterns, or rules then it is not free, but if it is random, it is just as meaningless to call it free. Further, if the subject is only free in certain cases, but is not free to determine what those cases are, then it cannot control its own freedom, and is thus again unfree. Even if the self were considered entirely free, which can only be established of course by non-falsifiable decrees such as the Sartrean insistenceShow MoreRelatedIndividual Culture Versus Society Culture Essay904 Words   |  4 PagesAlthough living in a multicultural society might bring disadvantages like isolation and racial judgements, the benefits are more powerful resulting in an adapting society where individuals are free to live any culture. When an individual has a culture than the prevailing society they can be affected in either a positive way or a negative way. There have been in many instances were people change their culture due to joining the societies culture and others just use the culture for benefits like inRead MoreEssay about The Individual versus Society in the Scarlet Letter1005 Words   |  5 PagesThe Individual vs. Society in the Scarlet Letter The society we live in today grants us a variety of freedoms. No one tells us how to think or what to believe in. 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Market Analysis of Manuka Honey Samples †MyAssignmenthelp.com

Question: Discuss about the Market Analysis of Manuka Honey. Answer: Manuka honey exporting from New Zealand to Mexico Manuka honey is one of the important export products of New Zealand. It is one of the most beneficial and unique type of honey available in the market. In 2015, the amount of global export of the Manuka honey has doubled. Mexico is one of the main importers of this honey ("manukahoney.com", 2017). Although Mexico produces almost 57,000 tons of honey every year, making it the sixth largest country in honey production, still Manuka honey has been able to capture the honey market in Mexico. Market entry Analysis based on chosen country Mexico New Zealand is the third-largest exporter of honey in the world. Mexico has shown predictable and stable economic growth over the years. At the same time, Mexico has free trade agreement with maximum number of countries in the world. Hence, the terms of trade are much better for Mexico to do business with. Being the 11th largest economy of the world, Mexico is a profitable destination for the exporters of the world. Manuka has been able to capture the market in Mexico due to lower price and better quality. Mexico is one of the major importers of Manuka honey. This is sometimes used as an alternative medicine. Hence, there is demand for Manuka honey in the medical practices of Mexico. The other factors for choosing Mexico as export destination are the profit making scopes, growth of business in a foreign market, international brand image, and competitive advantage. The country specific factors include the quality and price of the local production, the economic and political stability, government policies supporting the business of honey imports. Market Research The target market of the Manuka Honey is mainly the middle age people of the society who use honey for various house hold works or use honey as a medicine (Kamaratos et al., 2014). It is important for every business organization to identify the target market and observe the requirement of the potential consumers. Manuka Honey often conducts market survey on the target market to understand the market demand of their product and requirements of the consumers. It helps the organizational management to design their organizational strategy according to the requirements of the consumers. Therefore, Manuka honey used the method of market survey for assessing the demand for the imported honey. They used the target group of middle aged customers as well as the retailers, who can give feedbacks about the sales data of honey. Evaluation of methods Manuka honey has used the survey method for market research. It is most reliable and practical method for market research. Surveys give the first hand feedback of the customers. Before entering the market, Manuka performed the market survey. The survey included the middle aged and senior customers as well as the retailers. Manuka found out that customers do not like the local honey brands, as they feel that the quality of honey is degrading and the price is getting higher day by day. Thus, this survey method was useful as the respondents found it easier to give answer as per the questions asked. The retailers also found it easier to respond to the questions, as it did not take longer time and hamper their business. Thus, this survey method adopted by Manuka was successful to do the market research for the imported product (Thamboo et al., 2016). Competitive Advantage Mexican honey industry is renowned in all over the world. According to some reports, Mexico is known for exporting huge amount of honey to the various corners of the world. Almost every year it exports 45,000 tons in the other countries. At the same time, Mexico imports close to 5% of honey from New Zealand. The competitive advantage of exporting honey to Mexico is the lower entry barrier, lower quality of the products of the local competitors and better price. New Zealand exploits these advantages for exporting honey to Mexico. It provides a great opportunity to the Manuka Honey to earn huge profit by providing high quality honey (Alvarez-Suarez et al., 2016). By providing quality honey to the Mexico, Manuka Honey has put a strong footprint in the market, which is highly beneficial for the organization to earn desired reputation among other rival companies and defeating other competitors. Finally, it can be concluded that, Manuka honey from New Zealand has been successful in making a good brand image in Mexico. Through a proper market entry analysis and proper market research, Manuka honey was able to find the scopes for the growth of business in this country. Although Mexico is a major honey exporter in the world, still Manuka became a big brand name in Mexico by providing good quality of honey to the customers. References: Alvarez-Suarez, J. M., Giampieri, F., Cordero, M., Gasparrini, M., Forbes-Hernndez, T. Y., Mazzoni, L., ... Varela-Lopez, A. (2016). Activation of AMPK/Nrf2 signalling by Manuka honey protects human dermal fibroblasts against oxidative damage by improving antioxidant response and mitochondrial function promoting wound healing.Journal of Functional Foods,25, 38-49. Kamaratos, A. V., Tzirogiannis, K. N., Iraklianou, S. A., Panoutsopoulos, G. I., Kanellos, I. E., Melidonis, A. I. (2014). Manuka honey?impregnated dressings in the treatment of neuropathic diabetic foot ulcers.International wound journal,11(3), 259-263. manukahoney.com. (2017). manukahoney.com. Thamboo, A., Mulholland, G., Matthews, K., Ayoub, N., Anderson, D. (2016). Objective and subjective scar aesthetics with topical Manuka honey post-thyroidectomy: A randomized control study.World Journal of Otorhinolaryngology-Head and Neck Surgery.

Example of Writing a Small Business Essay Essay Example

Example of Writing a Small Business Essay Paper Nowadays, the 21st century is the one who makes everything possible. If you have an idea, and some money you can realize it in several days. Small business can occur everywhere, and we can base it on each thing, topic, idea we have in the world. Starting a small business is never easy. Small business owners are more often to be in the trap than any others. They usually feel like they are under pressure and liars are everywhere. Well, it is for such owners to get diseases and heart attacks. Do you need it? Luckily you are in the proper place where you can find goods and services that will help you to make the best plan ever. Our service can help with writing almost every type of business plans which exist in the world. We cooperate with professionals who rather than in word know how to do business. To choose the appropriate affair that will bring the profit and pleasure, it is a very difficult task. You have to evaluate your skills, knowledge, and tastes. We highly recommend you to use self-assessment as it is the way to overcome difficulties and gain success. We will write a custom essay sample on Example of Writing a Small Business Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Example of Writing a Small Business Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Example of Writing a Small Business Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer While running the business each person should know the answer to the question â€Å"Am I experienced enough to start my affair?† We should have the rich chain of different personal characteristics to correspond to the strict requirements. Business financial plan We cannot complete the financial forecast in sequence. And you most likely wont present it in the final document in the same sequence you compile the figures and documents. Let’s look at several important details you need to know about making a financial plan. A small essay is a very important thing; you have to think very wisely while writing it. And remember – this is just a typical plan, it might not fit your business as well, you will need to overwatch some positions, or add some more. Start with a sales forecast Set up a spreadsheet projecting your sales over the course of three years. Set up different sections for different lines of sales and columns for every month for the premier year and either on a monthly or quarterly basis for the second and third years.   If its a new product or a new line of business, you have to make an educated guess. The best way to do that is to look at past results. All other small businesses can show you in their example of what is good to do, and what is better not to be done. Create an expenses budget Youre going to need to understand how much its going to cost you to make the sales you have forecast. You have to differentiate between fixed costs (rent and payroll) and variable costs (most advertising and promotional expenses) because its a good thing for a business to know. We recommend you go with simple math. Multiply estimated profits times your best-guess tax percentage rate to estimate taxes. And then multiply your estimated debts balance times an estimated interest rate to estimate interest. Income projections This is your ‘pro forma’ profit and loss statement, detailing forecasts for your business for the coming three years. Use the numbers that you put in your sales forecast, expense projections, and cash flow statement. Business marketing plan Well, what’s next? After you ask for some help, we will make a marketing plan that is an important part of the plan. Our owner-manager knows for sure how to make a good and strong essay. It explains how youre going to get your customers to buy your products or services.  The marketing plan, then, will include sections detailing your: 1.Products or Services and your  Unique Selling Proposition If you are looking for some information on this site, then the next information will help you. Use these questions to write a paragraph summarizing these aspects for your marketing plan: What is the main feature of your service? Physical characteristics that can be the basis for the following investigation. What will be the benefit of your product?  · Small business depends on the desire of the owner to become better. Remember that benefits can be intangible as well as tangible; for instance, if youre  selling  a cleaning product, your customers will benefit by having a cleaner house, but they may also benefit by enjoying better health.  Brainstorm  as many benefits as possible to begin with  and then choose to emphasize the benefits that your  targeted customers  will most appreciate in your marketing plan. What is it that sets your product or service apart from all the rest? In other words, what is your  Unique Selling Proposition, the message you want your customers to receive about your product or service that is the heart of your marketing? Marketing plans are all about communicating this central message to your customers. 2.Pricing Strategy Being reasonable is key; you can charge any price you want to, but for every product or service theres a limit to how much the consumer is willing to pay. Your pricing strategy needs to take this consumer threshold into account. Many small businesses usually fail after making unreasonable prices, so think wisely. 3.Distribution Plan Remember, the primary goal of the marketing plan is to get people to buy your products or services. Traditionally there are three parts to the Distribution section, although all three parts may not apply to your business, that is why it is better to talk to the expert to find what will be important for you. 4.Advertising and promotions This section of the marketing plan describes how youre going to deliver your Unique Selling Proposition to your prospective customers. While there are thousands of different promotion avenues available to you, what distinguishes a successful plan from an unsuccessful one is the focus and thats what your Unique Selling Proposition provides. Think first of the message that you want to send to your targeted audience. Our writing service can do all that job instead of you, the only thing you need is to text us. To sum it up, we want to recommend you visiting our essay writing service – https://paperap.com/ it will help with everything you need. No matter what is it – start up plan, nonprofit business plan, entrepreneur business plan, business continuity plan, business plan development or preparing a business plan. We can handle each part of the work. Just text us and get your ready work back. Sounds easy? Then don’t hesitate and act!

Timeline for Applying to Graduate School

Timeline for Applying to Graduate School Applying to graduate school is a lengthy process that begins well before application time. Your graduate school application is the culmination of years of study and preparation.   What You Need to Do (and When) for Grad School Applications Heres a handy checklist to help you keep track of what you need to do and when. First, Second, and Third Years of College In your first and second year of college, your choice of major, courses and out-of-class experiences influence the quality of your application. Research and applied experiences can be important sources of experience, material for admissions essays, and sources of recommendation letters. Throughout college, focus on obtaining mentoring and other experiences that will let faculty get to know you. Letters of recommendation from faculty hold a great deal of weight in graduate school admissions decisions. Spring Prior to Applying to Grad School In addition to obtaining research and applied experiences and maintaining a high GPA, plan on taking the necessary standardized tests for admissions. You will either take the GRE, MCAT, GMAT, LSAT, or DAT, depending on what your program requires. Take the necessary standardized exam early so that you have time to retake it if needed.   Summer/September Prior to Attending Grad School If you havent done so already, take the GRE or other standardized exam needed for admission.Gather information about graduate programs online. Review department websites, peruse faculty web pages and examine program curricula and requirements. Narrow your choices.Consider which faculty members to ask for letters of recommendation. September/October Research sources of financial aid.Carefully examine each of the program applications. Note any questions or essay topics that will require your attention.Write a draft of your graduate admissions essay.Ask a faculty member or the career/grad admissions counselor at your school to read your essays and provide feedback. Take their advice!Ask faculty for letters of recommendation. Provide faculty with a copy of your transcript, links to program information and forms (all clearly labeled in one email), and your admissions essay.   Ask faculty if theres anything else that you can provide to help them. November/December Arrange for your official transcript to be sent to each program to which you apply. Visit the Registrars office to request your transcript. Request that the Registrar hold your transcript until the Fall semester grades are in (unless the application is due December 1, which is common).Finalize your admissions essay. Dont forget to seek additional input from others.Apply for fellowships and other sources of financial aid, as applicable.Check and record the due date for each application. December/January Complete the application for each program. Most will be online. Pay attention to spelling errors in your name, address, email, and email addresses for professors who will write your recommendation letters. Reread your essays and statement of purpose. Spell check! If you are to cut and paste it into an online form, check the spacing and formatting. If its all text, include a blank line between paragraphs. If you are to upload a pdf, be sure to review your document to check for formatting errors.Relax and breathe!Most schools send an email upon receipt of each application and will follow up as files are completed. Keep track of these. If needed, follow up with faculty who have not submitted their letters. February Depending on your field, start planning for the admissions interviews. What questions will you ask? Prepare answers to common questions.Fill out the Federal Student Aid (FAFSA) application. Youll need your tax forms to do this. March/April If needed, visit schools where youve been accepted.Discuss your decisions regarding programs to which you were accepted and reasons why you may have been rejected by a faculty member or the career/graduate admissions counselor at your school.Notify the program of your acceptance.Notify programs that youre declining.

Human Resources Essay Example | Topics and Well Written Essays - 500 words - 6

Human Resources - Essay Example This paper is going to unveil various recommendations for how organization should staff its operations by focusing on decisions pertaining to staffing levels and quality. Taking into account the Tanglewood case study, which is a chain of retail stores featuring items such as clothing, appliances, electronics, and decor we realise that Tanglewood retail stores have taken into consideration the aspect of quality, durability and as well taking care of the customer’s preferences. For an organization such as Tangle to staff its operations by focusing on decisions pertaining to staffing levels and quality, a mission statement should be availed to act as guidance as far as effective service delivery is of concern. A mission is termed as an action statement that gives customers an overview on how the prevailing organization like in our case Tanglewood works towards realizing its vision. Tanglewood have executed its mandate through visionary actions and this is evidence through its statement that states that â€Å"We are committed as a company to providing maximum value to our customers, shareholders, and employees. We will accomplish this goal by adhering to the core values of responsible financial management, clear and honest communication, and always keeping performance and customer service in the forefront† Every emerging business globally is characterized by a dream and a vision. In order to progress and grow financial for the purpose of profit maximization, it is not the matter of summing up money but incurs taking into consideration customers preferences and serving them well (Rothwell, and Stavros, and Sullivan, and Sullivan, 23-27). For an organization such Tanglewood to succeed well, core values should be unveiled. The aspect of underpin works when the prevailed philosophy of business is taken into account and core principals executed as well. Going by the history of Tanglewood, its process of growth has been quick in the last 5 years. Various reason

Chines Leisure Industry Essay Example | Topics and Well Written Essays - 1500 words

Chines Leisure Industry - Essay Example Similarly, gardening or cooking which can be considered a leisure activity for many, but that does not necessarily mean it is one for a gardener or a chef. Defining leisure is very difficult because of its complexities. Any activity that people enjoy doing after completing their obligations, which causes relaxation and peace of mind, can be considered a leisure activity. Because of its abstract nature, it is difficult to name all leisure activities. Leisure activities are likely to keep changing with time but it will always be something that a person enjoys doing and brings them happiness. The leisure industry refers to an industry that is closely related to people's leisure lifestyle, leisure activities and leisure requirements, including primarily the economic forms and industry systems such as entertainment, tourism, service, culture and sports industries, and groups that are generated from such industries (Yan, 2006). The People's Republic of China is the third largest country in the world in terms of area, and the first largest in terms of population (China National Tourism Administration). Until a few years ago, the leisure industry in China was unheard of. However, with changing times, this concept has been flourishing rapidly. Leisure and vacations have become very common and attracted the attention of many citizens and governmental organizations. According to statistics from China's National Tourism Administration, as a major representative of the leisure industry, China's domestic tourism industry recorded 1.2 billion in tourist volume and 768.6 billion Yuan in total tourism revenue in 2005, and has been growing ever since. Because the tourism industry is a significant impulse to consumption and economic growth, twenty-four Chinese provinces now consider the tourism industry as a pillar industry, or a leading industry (Yan, 2006). As many as twenty-four of China's thirty-one provinces, muni cipalities and autonomous regions have made tourism one of their leading industries, encouraging greater consumer spending in leisure activities (Access Asia, 2004). As China's consumer market expands, government and private companies are looking to exploit areas of potential opportunity in the theme and amusement park industry. The Chinese government recognizes the potentially massive boost that increased domestic demand. While foreign direct investment (FDI) provides valuable income, it cannot be compared with surging urban spending in the country's wealthy coastal provinces. Major cities down the eastern seaboard are home to China's expanding urban middle class younger generation of consumers with rising disposable income and an increasing tendency to spend rather than save. While, well to do consumers can afford to travel to other parts of the country on holidays, a vast majority of consumers look for entertainment destinations close to home. These typically include zoos and wildlife parks, aquariums and marine parks, and theme and amusement parks (Access Asia, 2004). Hence, the demand for this kind of entertainment has been increasing, and this industry has seen a rapid growth. Chinese theme parks advocate seeing the world through the ideas upon which many of the theme parks are built. Their aim is to promote and educate people on Chinese culture as well as world cultures. The parks portray beautiful sceneries, architectural

Mcdonalds Risk And Risk Management

Mcdonalds Risk And Risk Management Introduction to risk management The only thing we know about future is that we do not know what is going to happen. This is related to definition of risk in general. Miles Wilson (1998) define risk as being an exposure or a probability of occurrence of a loss. Risk can also be viewed as having a positive effect. PMBOK (2004) defines risk as an uncertain event or condition that, if it occurs, has a positive or negative effect on business objectives. Risks have a huge influence on the success or failure of business. However, risks cannot be avoided, but they can be managed. They must be managed by applying effort to their reduction or elimination. Not all risks need to be eliminated. They are sometimes sufficient to reduce the projects exposure to a level that is acceptable to the project. Risk management costs time and effort, but the impacts can be significant. Without risk management, the chances of danger of failure will be high. Effective strategic risk management can minimise of weaknesses within organisations causing damage. However, effective strategic risk management tools became harder to implement as business operations grow, become more complex, and operate in multiple locations. Risk management is increasingly recognised as being concerned with both positive and negative aspects of risk. Potentially, there are the opportunities for benefit or threats to success as a result of risk. Risk in financial climate arises through countless transactions of an economic nature, including sales and purchases, investments and loans, and various other business activities. Therefore, risk management can provide a solution to making individual and company less in danger. Identifying strategy for risks as soon as possible is particularly important. There are common approaches to risk which take alternative action when risks exposure, removal as insure risk, measure opportunities to risk may occur and make plan to control and acceptation of risk. According to Mills (2001), the systematic approach makes the risks clear, formally describing them and making them easier to manage. In other words, systematic risk management is a management tool, which requires practical experience and training in the use of the techniques. Appropriate responses to risk must be prepared to all the risks that would significantly affect the strategy or returns of the company if they were to occur. Background of McDonald According to McDonald (2010), McDonald is the worlds largest chain of quick service restaurants organisation in the world, serving tens of millions of customers daily worldwide. There are more than 30,000 restaurants in 120 countries worldwide. According to McDonalds Corporation Annual Report (2009), revenue has reached a record more than US$20 billion and US$6.8 billion income and 390,000 employees. McDonalds operates according to four values which are quality, service, convenience and value. Part of organisational culture is the quality of the food and service wherever the branch is located. The good reputation of the company and the expectation of an excellent service no matter which branch people eat is a marketing strategy of McDonalds. McDonalds set a standard applicable to all branches worldwide. However the company also gives a way for innovation by allowing the branches to integrate culture into food and service increasing market share. McDonalds tries to operate on a cost leadership basis by offering low priced goods with higher profit margins. Most of the efficient strategies adopted by McDonalds associate with this strategy of low cost. Since McDonalds operates in 120 countries on 6 different continents, they offer different food selections because of different needs in each country, due to religion, diets, and resources of each individual country. This flexibility and knowledge allows McDonalds to achieve global targets and compete with the other competitors. It shows that the company predict customer needs and handled well to risk. The PESTLE analysis of the macro environment According to BADU (2002), many of organisations success or failure, profit or loss, growth or decline depends on how well they respond to macro political, economic, social, technological and regulatory changes which is the external macro environment. Johnson Scholes (2005) support that the external factors can be divided into six categories which political, environment, social, technology, environment and legal. These external factors usually are out of the organisations control and sometimes present themselves as threats. The macro environment analysis is usually the first step of a strategic analysis. It is sometimes referred to as an external analysis or a PESTLE analysis. In other words, it can be analysed with the many different factors in an organisations macro environment by using the PESTEL framework. The purpose of the macro environment analysis is to identify possible opportunities and threats in the industry as a whole that are outside the control of the industry. According to Kotler (1984), the macro environment consists of the larger societal forces that affect micro environment. The micro environment, on the other hand, consists of the forces close to the company that affect its ability to serve its stakeholders. Firstly, the macro economic environment analysis will identify trends such as changes in personal disposable income as rises in living standards or the general level of demand, rises or falls in interest rates, unemployment rates and inflation. According to Luffman Sanderson (1988), the economic environment consists of the current and future state of key economic variables used to describe wealth, purchasing power, savings and consumption, together with government economic policy deployed to affect those variables. For examples, Gross National Product (GNP) or disposable income are key determinants of demand. The distribution of income in society provides opportunities for organisations to separate product or service offerings in terms of levels of disposable income. The rate of inflation and government policy towards it can really affect consumers attitudes to consumption. As a result, company strategy in the economic environment can be not simply threat for organisation, but oppor tunities for improvement that company can do better. Moreover, Tchankova (2002) states that the economic environment usually is hardly influenced by the political environment in a single country, but the globalisation of the market creates a market that is greater than a single market and needs to be considered separately. Although a particular activity of the government can affect the international capital market, the control of the market is impossible for a single government. Examples of sources of risk generated from the economic environment in global are economic recession and depression and current exchange rate. McDonald could suffer in country where the economy of the respective states is hit by inflation and changes in the exchange rates. Secondly, the macro political and legal environment analysis will identify changes in government, or a change in government policy. As a result, legislation will be made such as minimum age discrimination and disability discrimination and minimum wages. Moreover, political decisions can impact on many essential areas for business such as the environmental regulations, the employment laws, trade restrictions and tariffs, political stability for internally and externally and decision making structures. Luffman Sanderson support that Government at both national and local levels can affect companies not only on a day-to-day basis through laws, policies and its authority, but also at a strategic level by creating opportunities and threats. Furthermore, Tchankova states that the political environment is a more complex and important source of risk in an international aspect. The difference in the ruling system raises different attitudes and policies toward business. For example, foreign investment might be confiscated, or taxation systems might change significantly, which will hurt the investors interests. The political environment can present opportunities as well. McDonald is the international operations which greatly influenced by the government policies such as regulations and new legislations for tax, trade, product safety, health care and labour. Thirdly, the macro technological environment analysis will identify changes in the application of technology. It is related with the application of new inventions and ideas such as the development of the internet or websites as McDonald company business marketing tools. Luffman Sanderson support that the technological environment is compounded of the impact of science and technology in product and process innovation. Technology can improve quality, reduce costs and lead to innovation. These developments can benefit consumers as well as the organisations providing the products and service. Fourthly, the macro social and cultural environment analysis will identify trends in religion, beliefs, behaviours, values and standard such as changes in lifestyles like more women going out to work, changes in tastes and buying patterns. Furthermore, the number of part time workers and attitudes and diverse working environment are also related with changes in society. The speed of change in the social environment may be slow, but its effects are unstoppable. Generally, the companys strategies need time to evaluate the corporate response to social changes. Besides, Tchankova states that the changes in human behaviour and state of social structures are cause of risk. The level of employee and loyalty to the organisation determine to a large extent the success of the organisation. At the same time the changes of culture create opportunities. Lastly, the macro environmental analysis will identify factors such as natural disaster or global warming. For example, volcanic eruption that occur few weeks ago impact on many industries including airline, farming and insurance because of volcanic ash. Also, McDonald recycle standard is result of environment analysis. Oxford University Press (2007) supports that with the weather and climate changes occurring due to global warming and with greater environmental awareness this external factor is becoming a significant issue for firms to consider. Micro environment analysis This environment influences the organisation directly. According to Beamish Ashford (2005), simple approach to this analysis will be to break it down into 5 elements which are business, customers, suppliers, stakeholders and competitors. These are internal factors close to the company that have a direct impact on the organisations and strategic planning. First of all, in terms of customers, organisations should focus on meeting what customer needs and wants and providing benefits for their customers. Success of business depends on how well organisation analysis of their customer. This analysis can be the basis of organisation provides the right product at right price and to the right place at the right time. Otherwise, business strategy will be failed as a result. Customers are a major environmental factor for McDonalds. Nearly 54 billion customers served by McDonald daily basis. McDonalds customers are mostly young generation. Thats way, company always conscious about their choice. For this reason, customers demand, their choice, what they like is impacting McDonalds. In terms of competitors, restaurant industry is extremely competitive. McDonald is one of them and very successful company. They are doing everything in their power to make sure that they attract to their customers. Therefore, competitor such as KFC and Burger King analysing and monitoring is critical if an organisation is to maintain its position within the market. As the competition increase, there are more advantages to the customers. As a result, McDonald is up to date with customer taste and preference. Also, employing the proper staff and keeping these staff motivated is a vital part of the strategic planning process of an organisation. Training and development are essential, particularly in service sector, in order to gain a competitive advantage. McDonald has maintained a huge commitment to their employees and their training, which includes making available to all entitled employees and a consistent management and training programme. In terms of supplier, Beamish Ashford states that supplier relationships are a further critical component to the success of any organisation. It is important to many organisations to ensure consistent supplies in order to meet consistent demand for their product ensuring competitive and quality products for an organisation. Therefore, supplier analysis is essential. As a result, organisation must review some factors such as costs, quality, warranty, financial stability and the relationship suppliers have with competitors. For example, increasing beef prices will have affect on the strategy of McDonald. Prices may be going up as a result. In terms of stakeholders, they are individual or group that can greatly influence the performance of the company. Stakeholders support makes company successful. They have in turn certain expectation from the company. Therefore, to analysed stakeholder expectation is fundamental. According to Beamish Ashford, the role of stakeholders in any organisation seems to have an increasing influence in which organisation can do business. Shareholders are one of typical stakeholders who require a certain level of return which means it is important for any organisations to focus on making decisions that satisfy and maximise this return. Satisfying shareholder needs may result in a change in strategy employed by an organisation. McDonalds stakeholders are individuals or groups that have an interest in the organisation and how it operates. McDonald take into account the needs and requirements of stakeholders. In addition, microenvironment also provides organisations possible threats in the market place that would reduce their profit or rate at which consumers purchasing their products. One of those threats is that consumers use as a substitute to their products. These threats usually come from competitor organisations. Global company and risk management Brindley (2004) suggest that global competition, technological change and the continuous search for competitive advantage are the primary motives behind organisations turning towards risk management approaches in the international chain industry. Furthermore, the increase in economic activity at the global level encourages business organisations to seek a competitive advantage by accessing new markets and expanding their operations. According to Porter (1990), the term competitive advantage refers to the strategies that allow successful companies to create profits in their sector of economic activity which is main objective and goal of most organisations. Dalgleish Cooper (2005) support that organisations manage their operations on a day-to-day basis and risk management does not naturally add value to this activity. Its application is, however, becoming more focussed with organisations identifying a sense of purpose and making proper use of the assessments. This has resulted in its adoption within the internal control systems of organisations in making informed decisions, improving communication with the board and improving their understanding of the risks and controls within the business. Therefore, risk identification is the first stage in any organisations risk management. It is a base for correct future work of the organisation with regards to developing and implementing new programmes for risk control. According to George (2009), risk management is the process of planning, organising, directing, and controlling resources to achieve given objectives. Brown (2000) recommends that boards or responsible directors should consider the key risks and assess how they have been identified, evaluated and managed, and assess the effectiveness of the system of internal control. As a result, directors should have responsibility for all aspects of control and a duty to establish a strong system of risk management, designed to identify and evaluate potential risks in every aspect of the business operation. Risk management is fundamental process in every organisation, which includes control systems to inform managers that organisation has being exposure to risks, and guarantee that strategic risk management is properly implementing. Financial risk According to Jorion GARP (2009), financial risk includes market risk, credit risk and operational risk. Market risk is the risk of losses due to movement in financial market prices or volatilities. This usually includes liquidity risk which is the risk of losses due to the need to liquidate positions to meet funding requirement. Liquidity risk is not amendable to formal quantification. Credit risk is the risk of losses due to the fact that counterparties may be unwilling or unable to fulfil their contractual obligations. Operational risk is the risk of less resulting from failed or inadequate internal processes, system and people or from external events. Financial risk is that a company will not have sufficient cash flow to meet financial obligations. Wikipedia (2010) supports that financial risk is the additional risk a shareholder bears when a company uses debt in addition to equity financing. Companies that issue more debt instruments would have higher financial risk than companies financed mostly or entirely by equity. Therefore, the financial risk management process must not be involve avoidance of risks, but designed at identifying and managing these risks instead. For example, according to McDonald, McDonalds restaurants worldwide, contribute 7% of global profits, making the UK a very important financial market for McDonalds shareholders. Each individual McDonalds restaurant is structured as an independent business, with restaurant management responsible for its financial performance. McDonalds financial reporting and management accounting ensures the best financial position for the company now and for the future. Market risk According to Monetary Authority of Singapore (2006), market risk refers to the risk to an organisation resulting from movements in market prices, in particular, changes in interest rates, foreign exchange rates, and equity and commodity prices. The market risk strategy should first determine the level of market risk the organisation is prepared to assume. This level should be set with consideration given to, among other factors, the amount of market risk capital set aside by the organisation. The organisation should develop a strategy that balances its business goals with its market risk appetite. Accessing to all current operative cash flows and to all financial transactions is indispensable for complete risk management. In order to determine and control risks, the information from these two sources needs to be brought to together. Currency exchange rate risk for McDonald According to Mathur Loy (1984), in a world of increased uncertainty about the future value of exchange rates and increased visibility of foreign exchange gains and losses, it is not surprising that global companies have become more concerned about minimising foreign exchange risks. Exchange rate risk may strongly affect firms profitability and it can be hedged. Once a company becomes involved in international trade, it consequently becomes subject to foreign exchange risk exposure. In other words, because of the increased globalisation, exchange rate has become an important source of risk for an organisation operating in international environment. McDonald is international franchise fast food restaurant. Lashley Morrison (2000) support that franchising business format has become an established global enterprise trend within the service sector. They indicate further that franchising has become a mature industry in the USA and well established in the UK. According to Edwards (2006), the reasons why company is going for international are build more brand and shareholder value, add revenue sources and growth markets, reduce dependence on home market and leverage existing corporate technology, supply chains, know-how and intellectual property. However, certainly, some risks are exposure for those reasons. Exchange rate risk is one of them which unavoidable for global company. According to FinancialCAD Corporation (2009), in 1967, McDonalds opened its first foreign country franchise in Canada. Today, more than 65% of total revenue is derived internationally, as more and more restaurants are opened in countries outside the United States, with increasing McDonalds foreign exchange and interest rate risks. McDonald is challenged with managing these risks as hedging the interest rate and foreign exchange risks for operations based in foreign countries is complex. As a result, McDonalds warned their investors of the potential changes in currency exchange rates to impact company profits, but that the company has tried to reduce these risks. FinancialCAD Corporation continously states that the McDonald financial markets group is responsible for hedging the balance sheet and income statement against foreign exchange and interest rate risks, while funding the growth of global operations. They often fund assets locally, but in many markets this is challenging. The assets are funded by more than $8 billion in debt, with over 50% of the debt denominated in a foreign currency. According to Abor (2005), foreign exchange risk is the risk that an entity will be required to pay more or less than expected as a result of fluctuations in the exchange rate between its currency and the foreign currency in which payment must be made. Foreign exchange risk is commonly defined as the additional variability experienced by a multinational corporation in its worldwide consolidated earnings that results from unexpected currency fluctuations. It is generally understood that this considerable earnings variability can be eliminated partially or fully at a cost, the cost of foreign exchange risk. Companies are exposed to foreign exchange risk if the results of their projects depend on future exchange rates and if exchange rate changes cannot be fully anticipated. According to Madura (2003), companies are generally exposed to three types of foreign exchange risk which are transaction (commitment) exposure, economic (operational, competitive or cash flow) exposure and translation (accounting) exposure. Transaction risk occurs where the value of existing obligations are worsened by movements in foreign exchange rates. Economic risk relates to adverse impact on equity or income for both domestic and foreign operations because of sharp, unexpected change in exchange rate. Translation risk is also related to assets or income derived from offshore enterprise. Foreign exchange risk can be managed in various ways. There are techniques used for hedging against risk. According to Prindl (1976), hedging can be defined as all actions taken to change the exposed positions of a company in one currency or in multiple currencies. Clark, Levasseur, Rousseau (1993) argue that hedging refers to the technique of making offsetting commitments in order to minimise the impact of unfavourable potential outcomes. The risk managers choice of the different types of hedging techniques may be influenced by costs, taxes, effects on accounting conventions and regulation. Foreign exchange risk is mainly managed by adjusting prices to reflect changes in import prices resulting from currency fluctuation and also by buying and saving foreign currency in advance. The main problems firms face are the frequent appreciation of foreign currencies against the local currency and the difficulty in retaining local customers because of the high prices of imported inputs which tend to affect the prices of final products sold locally. Investing in a foreign stock market is equivalent to investing in two assets: foreign stocks and foreign currency. Therefore, the return-risk outcome of a foreign investment can be separated into contributions from the local market factors and the currency factor. The currency impact on the return outcome can be positive or negative, and can be a substantial part of the total return. According to Fatemi (2000), the objectives of risk management include minimise foreign exchange losses, reduce the volatility of cash flows, protect earnings fluctuations, increase profitability and ensure survival of the firm. Conclusion and Recommendation Risk taking is essential for any organisation in the global environment. Therefore, organisations need to understand the nature of the risks they meet and prepare to manage them appropriately. Evaluating significance by estimating potential damage and possibility of events is often not an exact science, and sometimes based on best guesses. However, monitoring and managing significant exposures of risk is vital in globalisation of today business strategy as many factors in our environment are changing with extreme speed. McDonald is one of the biggest and most successful international franchise companies in the world. The research indicates that the way of how company manage risk is outstanding compared to other global companies. Burger King has just imitated what McDonald has done for risk management. Excellent risk management might be the best reason that McDonald has become successful business in the field. In other word, it is hard to find unmanaged area to be in risk in organisation. As a result, well prepared risk management of company and flexibility for changing environment are bringing to organisation benefits. However, there are some unanticipated other risks still may occur. For example, McDonalds size of business could be obstacle of effective hedging. International service organisation such as McDonald must consider the opportunity cost of international expansion. Being more flexible and international expansion might be a benefit to get wider market customers. On the other hand, this might cause of taking risks. It therefore certainly requires a thorough analysis of the factors such as the details on key current economic environment for the country, the main competitors, demand characteristics and trends, contribution of the project to shareholder value, the level of risk and potential difficulty for the organisation. Moreover, the company need to consider that competitors are not just other fast food chain restaurant. It means that company should put lots of effort for analysing other companies. For example, variety of more relevant menu can be developed. Furthermore, the research indicates that the company should be well aware of importance that steady rise of profitability and share price. Therefore, company manage for financial strength by reducing capital spending and using the money remaining after capital expenditures to pay debt and return cash to shareholders. The research also shows that changes in exchange rates generally impact the outcomes negatively. That is why it needs to be managed properly. Therefore, global organisation management must consider commitments for innovation and flexibility to enhance positive risk management effects.

Immigration Needs to be Restricted in America Essay -- Argumentative P

Immigration Needs to be Restricted in America Illegal immigration will cost the United States $280 billion dollars from 1995-2004. And that only counts for the immigrants that enter this country illegally. What of the legal immigrants that come to the United States and find it harder than they thought it would be? Most of these immigrants just go on welfare. Legal immigrants participate in 20.7 percent of all welfare programs while native citizens only participate in 14.1 percent (Borjas). This costs the American public millions of dollars every year. At the turn of the century 40 percent of immigrants that came through Ellis Island had to go home. If the immigrants can't handle the work force, there is nothing for them to do but fall back on welfare (Lind). Opposing statistics show that Americans use welfare more than immigrants do. This argument doesn't work for the simple fact that most immigrants haven't been in this country long enough to qualify for Social Security. Therefore we must use the other data which clearly shows that immigrants use welfare more. Another problem that has risen from immigration is crime. In 1986, 28 percent of the arrests for drug possession were illegal immigrants (Stacy). This may not seem like an overwhelming number, but just think if the United States could drop drug trafficking by 28 percent this would be a tremendous step forward. The immigration problem has gotten so bad on the Mexican American, border, that the border patrol have what they call " War Wagons" which are armored vans with bulletproof windows. Guarding a border of a nation that we are at peace with should not be that big of a problem. Most immigrants that enter the country both legally and illegally are trying to fin... ...osing Viewpoints. San Diego: Greenhaven Press. Inc. 1998 pp. 84-88. Lind, Micheal. "Legal Immigration Harms American workers" Bender, David L. Immigration: Opposing Viewpoints. San Diego: Greenhaven Press. Inc. 1998 pp. 79-83 Borjas, George. "Immigrants Abuse the Welfare System." Bender, David L. Immigration: Opposing Viewpoints. San Diego: Greenhaven Press. Inc. 1998 pp. 97-102 Stacy, Palmer & Lutton, Wayne. "Illegal Immigrants Cause Crime." Bender, David L. Immigration: Opposing Viewpoints. San Diego: Greenhaven Press. Inc. 1990 pp. 90-95 Martinez, Roberto. "Illegal Immigrants Are Victims of Crime." Bender, David L. Immigration: Opposing Viewpoints. San Diego: Greenhaven Press. Inc. 1990 pp. 96-99 Lamm, Richard D. "The U.S. Should Limit Immigration." Bender, David L. Immigration: Opposing Viewpoints. San Diego: Greenhaven Press. Inc. 1990 pp.105-112

Act II of Titus Andronicus Essay

In contemporary prose, but creating a voice and style which is suitable for the character write a dramatic monologue in the style of Aaron reflecting on the motivation for his actions at one point in Act II of Titus Andronicus. Act 2.3 Line 1 (page 114) Enter Aaron alone Hiding a bag of gold is not an act of absurdity; it is an act of retribution that I, Aaron have kindly donated to the spiteful Andronicus. The smell of sweet vengeance under my black second class citizen nose travels up through my right nostril and straight into my wisdom. My wisdom constantly conquering the smell of seduction that passes via the left nostril. Aaron’s mind trapped into achieving revenge. Whatever happens after this bag of gold vanishes, I promise to thee beautiful Tamora I am a man of my word. However a word may not be possibly used to characterize me. Rome’s beloved ornament metamorphosed into the Goths rape hole. The hole in which many men fall into. The day of doom is soon to commence, blood will emerge from these holes. Many years of untouched love will soon experience forced pleasure. Once this deed is done, the empress of my soul will have to be dealt with, the same way ornament of Rome’s chastity will be branded. Aaron digs up a hole and hides the bag of gold The wilderness surroundings are perfect this morning, hardly a bird in sight, the cold wind brushing green leaves past the buried treasure, covering its abused soil. Aaron takes a seat on a shallow tree stump The letter is ready to be sent; the tongue will soon be dealt with. Oh the way these dark tree’s would look more attractive with a hint of Andronicus blood splattered around it, Titus himself has slain his children so I may aswell join him! What sociopath slays there own children? Off with their heads! Here’s to villainy, and here’s to headless Rome. Oh if only headless Rome had Aarons charming eyes there would be no problem! Aaron mounts a big boulder, arises high After this day of doom commences, my lightning will have struck down Bassianus. One step closer to clutch my empress by her waist, her tender soft skin grasping onto my cold rough arms, many years of passionate love, yet so many years left to discover the wilderness of her body, the holes to drill by and the power to enforce to the people of Rome. My avidity towards my very own newborn, to cherish and love. A child to follow Aaron’s footsteps, a child whom will shine in pearl and gold. A child that will also put shame to the name of Andronicus. Alas! The smell of seduction overwhelming me through these thoughts going on through my mind. Time is ticking, vengeance is my priority. Aaron shall go and continue observing ensuring this lightning will strike Bassianus without any witnesses to sabotage this genius plan. Halt. Who continues to approach the great Aaron and interfere with his master plans? Enter Tamora alone with Aaron (466 words) The commentary: Within the first few sentences of the monologue I have used an extended metaphor. â€Å"Constantly conquering the smell of seduction that passes via the left nostril,† this is showing what Aaron is mainly focusing on throughout this monologue. The seduction being Tamora which is clashing with his drive to vengeance, â€Å"The smell of sweet vengeance.† I have used this metaphor to recreate what happens in act 2.3 when Tamora tries to seduce Aaron when she enters, which is showing how driven Aaron is to vengeance. I have put this monologue in before Tamora actually walks in to foreshadow the state of mind of Aaron, this is further backed up by â€Å"smell of seduction overwhelming me† and â€Å"Time is ticking, vengeance is my priority.† The repetition I have used here is used to enforce Aaron’s drive to vengeance. Shakespeare has used alliteration of ‘h’ to enforce Aaron’s drive to vengeance in act 2.3, â€Å"Blood and revenge are hammering in my head† this is what provoked me to repeat the idea of vengeance and seduction in the structure of my monologue; it reflects what Aaron is trying to conquer. I have repeated the word â€Å"hole† throughout this monologue because I realised a lot of the main events that occurred during Act 2.3 revolved around the idea of a hole/pit/ditch; â€Å"Metamorphosed into the Goths rape hole. The hole in which many men fall into.† Bassianus is found dead in a pit followed by Quintus and Martius who also fall into this â€Å"unhallowed and bloodstained hole.† Lavinia also having her ‘hole’ violated by force. The constant reference to a hole represents a mark of death; â€Å"blood-drinking pit.† It also can refer to the two fertile holes in this act which is both shown, the rape of lavinia and the seduction from Tamora. â€Å"Blood will emerge from these holes† this quote continues to symbolise the inevitable rape and death events due to take place soon in the act. â€Å"Hiding a bag of gold is not an act of absurdity; it is an act of retribution† by using this quote this is showing that Aaron is seeking retribution. I used the word ‘retribution’ due to Aaron’s stature in 1593 where Titus Andronicus was set; throughout the play he is referred to â€Å"Moor† and looked as a â€Å"devil† due to his â€Å"hue.† â€Å"Ay, like a black dog as the saying is† â€Å"Aaron will have his soul black like his face† here he is embracing what has been forced upon him. He has referred himself to a ‘black dog’ it’s almost as if he is doing these heinous deeds to fit his stereotypes. Shakespeare has referred black people to animals; ‘a toad.’ Throughout the book Aaron gets agony over the coulor of his skin. This can explain the motivation of his evil, as he has been treated like a second class citizen for far too long; he has been a victim of society. This is why this â€Å"bag of gold† is going to help him redeem retribution; the bag of gold is also referred to â€Å"buried treasure† which shows this bag has meaning, the stage direction of him burying in a hole shows this as well. In the start of act 2.3 he orders Tamora around, â€Å"Now question me no more; we are espied† from analysing this quote it goes to show that Aaron spends a lot of time planning his actions before executing them which shows he is very organised. I have reflected this in my monologue by using directional hypothesis in his words. â€Å"Tongue will be dealt with† â€Å"lightning will have struck down† by using the word â€Å"will† it is showing his determination in his planning. â€Å"Continues to approach the great Aaron and interfere with his master plans? The rhetorical question used here shows that Aaron’s character is much organised, it is also meant to show the hubris of him as a character as he has referred to him in 3rd person aswell as calling him â€Å"the great† and that his plans are â€Å"master plans.† All of the planning ahead and self belief in his words reflect his arrogant, self confident mind frame. â€Å"Sociopath slays there own children?† I have used these exact words to debate on how a character of such pure evil can contrast to the hero of the play. Titus having slain his son is looked down upon by Aaron, who from my eyes of the play is the sociopath. Me using the word ‘sociopath’ in this way shows that Aaron himself may not know that other people may class him as the sociopath; to him he is just that â€Å"second class citizen.† This could be the reason for his motivation of evil as throughout the play he is known as Aaron the ‘barbarous moor.’ Shakespeare has used stereotypes to Aaron’s skin coulor which suggests he is nothing but a typical evil black man; funnily enough his character reflects this throughout the play. I have used the quote â€Å"However a word may not be possibly used to characterize me† to suggest even Aaron himself does not know what he is; he has a richly complex and ambiguous appeal. In at 2.3 when he tells Tamora â€Å"Blood and revenge are hammering in my head† but does not tell us any specific reason why apart from the war against the Goths and Rome suggests his actions are all evil. When it comes down to children he seems to have an interesting contrast to parenthood compared to Titus. I have foreshadowed Aaron’s kindness to children because later on in the play he himself has a child. â€Å"A child whom will shine in pearl and gold. A child that† this quote is meant to show Aarons desperation to children, this is also the reason why I have mentioned Tamora’s seduction to be on his mind as much as revenge, revenge is his priority yet it makes sense why Tamora could is his second priority. The stage directions used in this monologue is also briefly showing Aaron is up to something, Enter Aaron alone, Aaron digs up a hole and hides the bag of gold, Aaron takes a seat on a shallow tree stump, Enter Tamora alone with Aaron. From these stage directions the structure of them is leading to something inevitable, I have used the stage directions in this effect because Shakespeare uses a lot of stage directions throughout Titus to structure the scene chronologically so it is much more effective. Overall Aaron can be interpreted as this loathsome, diabolical character with an obnoxious attitude. However I ultimately think those who are brought up in a society where being a different coulor is basically illegal influences the way the character undertakes life later on. I think the evil that lurks inside Aaron is innate, and it is there not to inflict pain, but to deliver an act of retribution due to the way he has been treated in early life.