What are you short and long term career goals Essay

What are you short and long haul vocation objectives - Essay Example Eurasia the executives found the arrangement promising. Not long after I was offered an ostracize contract; I took the test since I realized that it would be another progression which will lead me towards my vocation objectives. Also, when I face a test I generally recall Haruki Murakami’s words on the subject â€Å"Running for a long time, accumulating the races, a little bit at a time I increase current standards, and by clearing each level I hoist myself. In any event that’s why I’ve put in the exertion for a long time: to raise my own level† from his collection of memoirs â€Å"what I talk about when I talk about running.† Along with the new official supervisory crew, I am currently a significant piece of the change - the change that shapes my transient objectives. My goal is to add to this development with another unit inside my area; a â€Å"business control unit† that will evaluate key and business plans with situations and investigation, and include the account division towards imperative choices. Working at the activities at Ucell will likewise expand my training in Eurasia. I intend to improve my comprehension on elements of region’s economy and its political and social situations. I believe that the universal business experience and this present reality cases that will be brought to me by Warwick will assist me with picking up bits of knowledge and in the long run enhance my work. The way that I am following at the present time, undoubtedly will set me up towards the subsequent stage - the CFO job. Be that as it may, over the long haul, I may be fulfilled by extending the extent of my job through experiences. I might want to encounter different business territories and showcases and would value possessing a vital job in these zones/markets. I am certain that Warwick’s worldwide outlook along with the broad WBS system will help control me towards that

Esaay 1 Essay Example | Topics and Well Written Essays - 500 words

Esaay 1 - Essay Example One of the legitimizations for this was parens patriae, implying that the state has the privilege to intercede in the undertakings of the kid when they feel that the kid is imperiled or not being dealt with appropriately. One of the primary directing focuses is the earth wherein the youngster has experienced childhood in. Social learning hypothesis and living with guardians that don't sustain the kid can prompt an expansion in freak conduct. In this manner, the kid has not been instructed the proper behavior appropriately in the public arena. This would then fall under parens patriae, in which the state would intercede and concentrate on the restoration, not on discipline like the grown-up peers. Likewise keeping the youngsters with positive good examples through child care can likewise help with their freak conduct by removing them from territories they connected with their awful way of life, for example, what they did in New York and Baltimore. One of the most significant subjects presented by Platt is the topic of carrying adolescent wrongdoing into the extent of criminal law and the impact of nature versus sustain. This is a totally material inquiry in today’s legal framework. A few kids are brought into the world with a direct issue which can prompt increasingly extreme degenerate issue during advancement.

What Finals week is like for an Art major

What Finals week is like for an Art major As an art major, my end of semester time is little different than everyone else. As people cram for finals, I am released from classes and ready to start my winter break. Although it seems as if art majors are getting off the hook, or have less work than other majors, through the entire semester we have intensive projects to work on in and out of class, and it takes a substantial amount of effort to be creative and expose ourselves through our art all the time. Although art majors in studio classes don’t have finals, we have final projects that fuse what we’ve learned in the class all year into one finished piece. These projects are very difficult because art is subjective and you never know if you’re art will be perceived the way you want it to be. So for all of those potential art majors out there, there’s going to be times where you’re stressed out and everyone else is cruising by, but there is a light at the end of the tunnel ?? Bye bye, Indyia Indyia Class of 2019 I’m an Art Foundation student in the College of Fine and Applied Arts, and after Art Foundation I plan on majoring in Art Education. With my degree and teaching certificate, I want to teach children how to use their emotions, thoughts, and surroundings to create art.

The Information Systems Requirements and Subsequent...

The Information Systems requirements and subsequent evaluation of the impact these systems will have on the business ‘Ready to Eat, Executive summary This report is to be delivered by 25th May 2010 and is designed advise Rebecca Smith about various information system possibilities that would best suit the requirements of Rebecca’s business ‘Ready To Eat’ (RTE). The report firstly describes what an information system is, its purpose and how they work. This report will then discuss the increasing globalisation of markets and how IS can be utilised in small businesses to capitalise on these new markets and improve their competiveness. Further discussion are delivered on what information systems are available and describes how IS†¦show more content†¦Whilst there are many challenges inherent in development of such systems, these systems can offer businesses a number of advantages such as a competitive tool to develop new products and services, integrate with suppliers, compete against rivals, and make effective and efficient changes to business operations. There is a diversity of sophisticated hardwar e, software and communications technologies, used in information systems in today’s business which makes it sometimes difficult to classify these systems in any one category. Whilst the function of information system can overlap they all seek to benefits business by supporting business processes and operations, supporting decision making by employees and manager and supporting strategies for competitive advantages (Chad, Yu-An Shu-Woan 2007). Mangers depend on information system for decision making to help organise the data around them when they cannot process that data accurately and within the short period of time available to them. Managers will use this information to make decisions which have a positive effect on the future of the business. To properly assess the effect in the future of the decisions to be made diverse tools come into play. An effective information system should integrate forecasting the future, and because their choices have been made, such a system mustShow MoreRelatedCRM Development and Implementation at McDonalds4250 Words   |  17 Pagesthat both are usually limited, it is necessary that projects that are selected by an organization provide an excellent return on investment on both the capital and resources invested. The high level of uncertainty that characterizes the modern business environment has made project selection to be a critical aspect of project management. This is because it makes the difference between operational life and the ultimate operational death of an organization. The decisions arrived at during projectRead MoreFood Safety Management Systems9052 Words   |  37 Pagesthat the establishment shall always fulfill their demands and expectations both the expressed and unexpressed expectations. They trust that the food cooked in the restaurant is safe to eat and will not make them sick after eating. Providing customers with safe food is not only important for the success of a business but also mandatory by law. A Food safety Management Program which is intended to prevent food poisoning by following safe food preparation practices; this involves taking measures necessaryRead MoreA Paper Work of Customer Relationship Management of Tesco, and an Analysis of Consumer Behaviour, Business Environment and Pestel .4053 Words   |  17 Pagesleading retailer in UK. It manages over a thousand supermarkets, hypermarkets, and convenience stores in the United Kingdom, Ireland, Central Europe and Asia. The study analyzed the customer relationship management, changes in consumer behavior, business environment, and PESTEL, which is very important in strategic and competitive study of an organization, especially in the retail and service industry. Since the retail industry undergoes very diverse change almost everyday, it is just right thatRead MoreMcdonalds. Human Resources9534 Words   |  39 Pageslot of information which helped us a lot in the project. INTRODUCTION McDonald’s brand is the leading global foodservice retailer with more than 30,000 local restaurants serving almost 50 million people in 120 countries each day. FOUNDERS: It’s rich history began with its founder`s vision and their commitment to be peoples favorite place and way to eat with inspired employees who delight each customer with unmatched quality, service, cleanliness and value every time. The business was startedRead MoreInternational Human Resource Management in Ikea4879 Words   |  20 Pages6 Recruitment 6 Selection 7 Expatriate issues 8 Development 9 Performance appraisal 9 Trainings 10 Compensation system 11 Special points in IKEA’s IHRM Practice 13 Problems and recommendations 14 SWOT-analysis 14 Problems 15 Recommendations 16 Description of the company IKEA is a privately held, international company that designs and sells ready-to-assemble furniture such as beds, chairs, desks, appliances and home accessories. The company is the worlds largest furnitureRead MoreInternational Human Resource Management in Ikea4886 Words   |  20 Pagesinstruments 6 Recruitment 6 Selection 7 Expatriate issues 8 Development 9 Performance appraisal 9 Trainings 10 Compensation system 11 Special points in IKEA’s IHRM Practice 13 Problems and recommendations 14 SWOT-analysis 14 Problems 15 Recommendations 16 Description of the company IKEA is a privately held, international company that designs and sells ready-to-assemble furniture such as beds, chairs, desks, appliances and home accessories. The company is the worlds largest furniture retailerRead MoreHrm Policies10725 Words   |  43 Pagesdescribe formal systems devised for the management of people within an organization. These human resources responsibilities are generally divided into three major areas of management: staffing, employee compensation, and defining/designing work. Essentially, the purpose of HRM is to maximize the productivity of an organization by optimizing the effectiveness of its employees. This mandate is unlikely to change in any fundamental way, despite the ever-increasing pace of change in the business world. AsRead MoreAn Evaluation of an on-Farm Food Safety Program for Ontario Greenhouse Vegetable Producers; a Global Blueprint for Fruit and Vegetable Producers51659 Words   |  207 PagesAn evaluation of an on-farm food safety progra m for Ontario greenhouse vegetable producers; a global blueprint for fruit and vegetable producers A Thesis Presented to The Faculty of Graduate Studies Of The University of Guelph by Benjamin J. Chapman In partial fulfillment of requirements for the degree of Master of Science February, 2005 ( Benjamin Chapman, 2005 Abstract An evaluation of an on-farm food safety program for Ontario greenhouse vegetable producers; a globalRead MoreKellogg Annual Report50191 Words   |  201 PagesTrademarks 1 Selected Financial Data 12 Financial Statements 27 â„ ¢ strength of the â„ ¢ Table of ConTenTs 4 Financial Highlights 6 Letter to Shareowners Management’s Discussion Analysis 13 Notes to Financial Statements 31 Shareowner Information and â„ ¢ PeRFoRmAnCe â„ ¢ FoR moRe thAn A CentuRy, Kellogg Company has been dedicated to producing great-tasting, high-quality, nutritious foods that consumers around the world know and love. With 2009 sales of nearly $13 billion, KelloggRead MoreProject Managment Case Studies214937 Words   |  860 PagesSTUDIES, 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 means, electronic, mechanical

The Fourth Millennium Development Goal - 1230 Words

†¢ The fourth Millennium Development Goal (MDG 4) established by the United Nations in 2000 is to reduce child mortality. Its target is to reduce by two-thirds, between 1990 and 2015, the mortality rate of children under five. †¢ Since then, the under-five mortality has decreased globally by 47% and many countries are well on their way to achieving MDG 4. Unfortunately Pakistan is not one of those countries, and its progress has been incredibly slow. †¢ Progress on MDG 4 is measured against six key indicators, but despite some gains, the country is off track for 5 out of the 6 indicators. †¢ 1) The under-five mortality rate which has seen a moderate decline from 117 per thousand live births in 1990 to 89 per thousand live births in 2013. However the target for this indicator is 52, and Pakistan is well off track from achieving. †¢ 2) The infant mortality rate, in the same time period dropped from 102 to 74 per thousand live births, which is not an optimistic number seeing as the target for this indicator is 40. †¢ 3) The proportion of fully immunized children 12-23 months is aimed at 90 per 1000 children. The latest National value shows improvement from 53% in 2001 to 80% in 2013 yet there is an urgent need to speed up this process; immunization against the common communicable diseases is important in preventing morbidity and mortality against children. †¢ 4) Proportion of 1-year children immunized against measles shares the same aim (90) as indicator 3 although the figureShow MoreRelatedMillennium Development Goals : The Millennium Goals1518 Words   |  7 PagesMillennium Development Goals The Millennium Development Goals (MDGs) are, eight goals put in place by the 191 UN states, the goals are set to be reached by the year 2015. Signed September of 2000, according to the World Health Organization (WHO) 2015, the United Millennium Declaration commits leaders of the world to combat literacy, hunger, environmental degradation, disease, and discrimination against women. Having specific targets and indicators, the MDGs are acquired from this DeclarationRead MoreObjectives Of The Millennium Development Goals1478 Words   |  6 PagesThe project Millennium Development Goals (MDGs) are the goals made by all the United Nations member which design for addressing extreme poverty in many dimensions. The Millennium development Goals has drawn attention to 191 countries with eight international development goals in order to cutting the amount of extreme poverty worldwide in half within a set of time on 2015. The MDGs contain the goals of extreme poverty in income, education, g ender equality, hunger, disease and environmental sustainabilityRead MoreThe Universal Declaration Of Human Rights Essay1090 Words   |  5 PagesLatin America and the Caribbean Initiative, The Hunger Project, Hunger Solutions Institute, India Food Banking Network, International Federation of Organic Agriculture Movements, International Federation for Home Economics, International Fertilizer Development Center, International Fertilizer Industry Association, International Public Relations Association, K norr, Little Herds, Muslims Against Hunger, Nine is Mine, One Acre Fund, Pedevilla, Presidents United to Solve Hunger, Prosalus, Save the ChildrenRead MoreAnalyse the Causes of Poverty in the World and Evaluate Attempts to Address It on a Global Scale1391 Words   |  6 Pagesdeveloping countries lack the essential raw materials and knowledge and skills gained through formal education and training. They also lack infrastructure provided by transportation systems and power generating facilities. These are necessary for the development of industry but as developing countries rely on trade with developed countries for manufactured goods, they cannot afford much so fuelling poverty further. Another economic cause of poverty is the high standards of living and high living costsRead MoreGlobal Organizational Structure Is The Way A Company889 Words   |  4 Pagesstructure that could have been used during the Millennium Development Goals timeframe. To analyze the research a content analysis was used. Content analysis is a â€Å"systematic and replicable research method of analyzing documented written, verbal, oral, graphical or visual communication†(Chin, 2015; Cole, 1988). In this inductive analysis secondary data was used. The first the UN Millennium Declaration and the second the Millennium Development Goals Report of 2015. The MDGs report of 2015 was analyzedRead MorePopulation Growth And Its Effects1409 Words   |  6 Pagesdown. The United Nations have created the Millennium Development Goals which help develop some of the poorest countries in the world. It is believed that if conditions in these countries improve and if they develop more then the population growth rate will go down. If this happens then it is believed that some of the environmental problems will go away.The Millennium Development Goals are a set of eight goals that each include a few targets to achieve the goal. They are basically a to do list to helpRead MoreOriental Institute Museum Essay997 Words   |  4 PagesOriental institute Museum is part of the university of chicago, a research facility Opposed to a teaching facility such as Wright college, the university is located in one of the most upcoming areas, also given one of many best chicago neighborhood development awards. This would explain why Hyde Park was a back drop for the presidential election bringing forth one of the most loved and revered presidents, President Barack Obama. Prior to my mandatory trip to this side of chicago I was unaware of suchRead MoreSustainable Development Goals Of The United Nations957 Words   |  4 PagesNations, as an organization that always devotes to promoting the development of human beings, has proposed a set of sustainable development goals in place of the old Millennium Development Goals. Goal 7, which is related to energy and includes 5 targets, is aimed to â€Å"Ensure access to affordable, reliable, sustainable, and modern energy for all.† Measurability of the Targets From a personal perspective, it seems that most targets within Goal 7 are measurable. The first target, â€Å"by 2030 ensure universalRead MoreEssay Sustainable Development and Population Control1569 Words   |  7 PagesSustainable Development and Population Control      Ã‚  Ã‚   A nineteen year old pregnant Chinese girl is forced to abort because she is too young to have a child. Iran, an Islamic nation, instructs religious leaders to promote contraception as a social duty. A Norwegian international banker worries about migratory tensions that would engulf his nation with waves of third world immigrants. A Los Angles Times article decries the lack of an official United States population policy. What do theseRead MoreThe Last Class Session Of New York City921 Words   |  4 Pagesto rehabilitation of governments. Likewise, the Department of Political Affairs was established in 1992 with a major purpose of conflict prevention through diplomacy. The UN Conference on Environment and Development (UNCED) or the Rio Summit, held in 1992, agreed on the sustainable development agenda. Another conference, World Conference on Human Rights in 1993 reaffirmed the inherent rights of man. These events and initiatives operated as silos; that is, there was no deliberate effort to coordinate

World History Chapter Free Essays

You didn’t have to depend on anything, for example if you were a farmer you had to depend on your crops for survival because if the plants died, you could starve to death- Didn’t require much time like farming would- You could easily move around town or country. As for farming you would have to stay in your farm because all of your crop were already planted and it would take much more time to replant. 0 Why was the Neolithic Revolution considered so highly significant? How did the Neolithic Revolution effect gender roles? The Neolithic Revolution was considered so highly significant because at this time people started farming since new technology was being invented, it made things easier. We will write a custom essay sample on World History Chapter or any similar topic only for you Order Now Population grew immensely due to the change of life style from hunting and gathering to farming. The Neolithic Revolution effected gender roles because before anyone started farming the men was the one who would go out and hunt while the woman cooked and gathered the food. But once farming started both gender were able to do the same Job. Compare and contrast homo sapiens and homo erects in regards to surviving. Both Homo erects and Homo sapiens migrated from Africa to various parts of Europe and Asia. It made it easier to migrate around because of low sea levels associated with the Ice Age. Homo sapiens migrated from Africa during a wet period and crossed the land bridge to the Americas during the last glacial period. These migrations were lead by minor physical evolutionary changes such as changes in skin pigmentation. However, humans adapted to their new environments not through biological evolution but through a process of technological adaptation. Compare the slave systems of Mesopotamia empires and Egypt. In Mesopotamia Empires many of role than they would in the later societies of Greece and Rome. They were identified by a distinctive hair style rather than chains or brands, they would have a barber shave off the telltale mark if they were lucky enough to regain their freedom. On the other hand, Slavery in Egypt existed on a limited scale and was of little economic significance. But humane treatment softened the burden of slavery, as did the possibility of being freed. Slavery was not very common or bad in Egypt as it was in he Mesopotamia empires List the indicators of a â€Å"civilization†. 0(1) cities as administrative centers, 0(2) a political system based on defined territory rather than kinship, 0(3) many people engaged in specialized, non-food-producing activities, 0(4) status distinctions based largely on accumulation of wealth, 0(5) monumental building, 0(6) a system for keeping permanent records, 0(7) long-distance trade, and (8) sophisticated interest in science and art. 0 How did the religious beliefs in Mesopotamia and in Egypt reflect the relationships between the environment and the people? How to cite World History Chapter, Papers

Big City Description Stone Cold free essay sample

I knew I shouldnt have done this, not like this, not today Not any day. I cant turn back now, its too late for that, and in fact it was too late 3 hours ago, sitting on the plane I stare out of the window trying to look at the New York streets, but the shapes are a meaningless blur. Theres hardly any green, I notice every color of the rainbow, but no green. Its nothing like home -Snap out of alt- I tell myself sternly. I look at the hole that I dug in the tired upholstery of the worn seat, Thatll be 24 dollars, doll, the cabin says, his tone of voice clearly Implying that this wasnt the iris time he was trying to get through to me but his face Is a mask of nonchalance and amusement, its like he has two personalities that are fighting to show In one way or another Stiffly and without looking him In the eyes, I put a $50 bill In his hand and leave, not waiting for change. We will write a custom essay sample on Big City Description: Stone Cold or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The pungent smell of car fumes was unbearable; so was the amount of people.To be quite honest, the whole city came as a huge surprise, the Images In books lied, or maybe they hadnt and I made It out to be more perfect than It actually was.. . Most people were thankfully keeping to themselves, though some were openly staring; their icy glares like knives on my back. Others were something Id call rather eccentric, one woman with a homeless sign looked up and smiled, a toothless genuine smile, I would have given her money, if not for her eyes; they looked like grey polished stones, dead eyes in a live body -Dont look into nobodys eyes- I remind myself.Another man laughed at a joke that only he seemed to hear. Right then I realized I had stayed in this street for far too long As I elk I look up into the bruised sky, its dotted with grayish clouds; I have the sudden urge to clear them away to see nothing but the flares of the celestial sun casting a dreamy haze upon the sky, announcing the arrival of twilight. I cant hear crickets- I didnt expect to, though I guess it would be nice to think I was back -You dont even have a home- I think bitterly.I hadnt realized I walked this far but I find myself face to face with the Empire State Building My mind starts to wonder what it would be like to step out one of the highest windows, Just floating, flying at peace like a sightless bird. The last seconds of my life, stretched to minutes, but then would one feeling be worth hitting the ground in the end? Its not like I would mind dying, not now, with no family or a place I could call home without thinking twice about It. Stop It right now! My inner voice tells me. -Happiness lays somewhere in your future- it carries on, but I dont listen, I have made up my mind, and there was only one road I could take now. I Cyan Oclock, had a mission.. . I had to prove them wrong. Big City Description: Stone Cold By Lockjaw I knew I shouldnt have done this, not like this, not today Not any day. I cant turn rainbow, but no green. Its nothing like home -Snap out of it- I tell myself sternly.I dollars, doll, the cabin says, his tone of voice clearly implying that this wasnt the first time he was trying to get through to me but his face is a mask of nonchalance and amusement, its like he has two personalities that are fighting to show in one way or another Stiffly and without looking him in the eyes, I put a $50 bill in his hand reprise, the images in books lied, or maybe they hadnt and I made it out to be more perfect than it actually was Most people were thankfully keeping to themselves, into anybody eyes- I remind myself. Another man laughed at a Joke that only he didnt expect to, though I guess it would be nice to think I was back -You dont even now, with no family or a place I could call home without thinking twice about it. -Stop it right now! My inner voice tells me. -Happiness lays somewhere in your future- it carries on, but I dont listen.

The Problem of Monopolies

Monopolies develop according to the definite monopoly market structure which is discussed by economists as opposite to the competitive market because only one seller controls the industry.Advertising We will write a custom essay sample on The Problem of Monopolies specifically for you for only $16.05 $11/page Learn More A company can be described as a pure monopoly when it is a single seller of certain products or services within the market, when it is a price maker, the barriers to entry are high, and there are no close substitutes for products. The development of a monopoly within the industry creates conditions which can characterize the imperfect competition based on the absence of the other sellers. Moreover, the lack of the substitutes is observed, and the company becomes a monopoly within the market (McConnell, Brue, Flynn, 2012). Microsoft is the leading producer of operating systems for personal computers and different types of software in the USA. This leading position is often discussed as an attempt to receive the status of a monopoly within the market in order to gain the high economic profits typical for monopolies oriented to innovations. The recent situation in the market of the computer software is rather controversial. It can be explained basing on the idea that Microsoft tried to gain the market power several years ago. Microsoft took the leading position within the industry in the 1990s when the most successful variants of the Windows operating system for personal computers were worked out. Moreover, the company presented the effective applications software, and the majority of the personal computers’ users began to utilize the Windows operating system. Microsoft Office and Outlook also became popular with the users due to the fact the possible alternatives could not be discussed as the appropriate substitutes for the products and services provided by Microsoft. For instance, the operating system Microso ft Windows 95 was effectively utilized by over than 80% users in the USA because their computers were Intel based (Bittlingmayer Hazlett, 2000). Thus, the situation was discussed by the government as critical because of Microsoft’s possibility to develop into the monopoly with maintaining the control over the market. Microsoft had to change strategies of presenting the products and attracting the buyers after the investigations conducted in 1994 and 1997 in order to address the government’s requirements. The advantages of Microsoft are in the fact the company regularly presents the technologically innovative products which have no substitutes within the market because of their high quality and originality. From this point, Microsoft’s strategy is based on the active usage of the technological development’s results.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Moreover, the company is regulated with references to the effective strategic marketing techniques in order to attract more customers (Bittlingmayer Hazlett, 2000). According to these points, Microsoft supports its leading position and contributes to developing the controversial question of monopolization of the market. Thus, the leading position of Microsoft depends on the high standards and quality of the products. The market occupied by the company is so expanded that there are significant barriers to entry which are the company’s ownership, peculiarities of pricing, and legal aspects. As a result, customers have no access to any relevant alternative products (McConnell, Brue, Flynn, 2012). Today, the activity of Microsoft in developing the operating systems should be discussed with references to such competitors as the producers of iOS for Apple and Linux Operating System. Limiting the possibilities for the competitors’ entries into the market, monopolies contro l the industry and develop monopoly pricing, maximizing the profits. Moreover, these processes are associated with the factor of a downward sloping demand curve which is typical for monopolies. From this point, monopolies are not discussed by economists as the effective way for a company to develop within the industry (Kahn, 1999; Krugman Wells, 2009). Nevertheless, not all the monopolies are bad. For instance, a natural monopoly does not influence the progress of the market negatively because it depends on the system of the fixed costs. Moreover, not all the monopolies are bad because of the definite support provided by the government. That is why, government monopolies can be discussed as good monopolies or legal monopolies. However, the government can regulate and control not many monopolies. The U.S. Postal Service is the legal monopoly developed in the country because the activity of the company is controlled by the government, and the specific functions can be realized only b y the U.S. Postal Service (Krugman Wells, 2009). It is possible to conclude that monopolies challenge the principle of the perfect competition and can be discussed as the negative factor for the industry and market’s development. Nevertheless, such types of monopolies as natural monopolies based on the large economies of scale and constant marginal costs which can be less than average ones and legal monopolies which are characterized by the government’s control should not be discussed as absolutely negative structures because they develop according to the specific principles. Economists agree that the main disadvantages of monopolies are associated with the characteristics of pure monopolies when only one company is a seller within the market with the possibilities to control it and provide the barriers to entry. Furthermore, the monopoly market structure provokes the growth of prices which are often higher than the prices within the competitive markets.Advertising We will write a custom essay sample on The Problem of Monopolies specifically for you for only $16.05 $11/page Learn More References Bittlingmayer, G., Hazlett, T. W. (2000). DOS Kapital: Has antitrust action against Microsoft created value in the computer industry? Journal of Financial Economics, 55, 329-359. Kahn, A. E. (1999). The economics of regulation: Principles and institutions. USA: The MIT Press. Krugman, P., Wells, R. (2009). Economics. USA: Worth Publishers. McConnell, C. R., Brue, S. L., Flynn, S. M. (2012). Economics. USA: McGraw-Hill. This essay on The Problem of Monopolies was written and submitted by user Charlee Knox to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

A Review of Software Tools for Quantitative Data Analysis

A Review of Software Tools for Quantitative Data Analysis If youre a   sociology student or budding social scientist and have started to work with quantitative (statistical) data, analytic software will be very useful to you. These programs force researchers to organize and clean her data and offer pre-programmed commands that allow everything from very basic to quite advanced forms of statistical analysis. They even offer useful visualizations that will be useful as you seek to interpret your data, and that you may wish to use when presenting it to others. There are many programs on the market, but unfortunately, they are quite expensive to purchase. The good news for students and faculty is that most universities have licenses for at least one program which students and professors can use. In addition, most programs offer a free, pared-down version of the full software package which will often suffice. Heres a review of the three main programs that quantitative social scientists use. Statistical Package forSocial Science (SPSS) SPSS is the most popular quantitative analysis software program used by social scientists. Made and sold by IBM, it is comprehensive, flexible, and can be used with almost any type of data file. However, its especially useful for analyzing large-scale survey data. It can be used to generate tabulated reports, charts, and plots of distributions and trends, as well as generate descriptive statistics such as means, medians, modes and frequencies in addition to more complex statistical analyses like regression models. SPSS provides a user interface that makes it easy and intuitive for all levels of users. With menus and dialogue boxes, you can perform analyses without having to write command syntax, like in other programs. It is also simple and easy to enter and edit data directly into the program. There are a few drawbacks, however, which might not make it the best program for some researchers. For example, there is a limit on the number of cases you can analyze. It is also difficult to account for weights, strata and group effects with SPSS. STATA STATA is an interactive data analysis program that runs on a variety of platforms. It can be used for both simple and complex statistical analyses. STATA uses a point-and-click interface as well as command syntax, which makes it easy to use. STATA also make it simple to generate graphs and plots of data and results. Analysis in STATA is centered around four windows: the command window, review window, result window and variable window. Analysis commands are entered into the command window and the review window records those commands. The variables window lists the variables that are available in the current data set along with the variable labels, and the results appear in the results window. SAS SAS, short for Statistical Analysis System, is also used by many businesses; in addition to statistical analysis, it also allows programmers to perform report writing, graphics, business planning, forecasting, quality improvement, project management and more. SAS is a great program for the intermediate and advanced user because it is very powerful; it can be used with extremely large datasets and can perform complex and advanced analyses. SAS is good for analyses that require you to take into account weights, strata or groups. Unlike SPSS and STATA, SAS is run largely by programming syntax rather than point-and-click menus, so some knowledge of the programming language is required.

How do external definitions of good and bad mothers and fathers impact Essay

How do external definitions of good and bad mothers and fathers impact on the actual experience of parenthood - Essay Example Also, good and bad have been defined by the respective culture and identity of mother and father rests in the context of their society. However, actual experience moves beyond these stereotypes. Kath Woodward (2002) in her book on Understanding Identity brings up the conflict between self identity and the society created images of the self and the ideal. Though identity is a matter of the individual, it is never free of social stigma and external definitions. She redefines ‘identity’ to encapsulate â€Å"the way of thinking about the links between the personal and the social† (2002). This psycho-social definition of identity offers another perspective of the stereotyping of mothers and fathers Vs actual experience of parenting. She discusses on the relative nature of the reality of parenting. The latter might be the identity they create for themselves, but however hard they strive, the identity cannot be free of the social context and definitions. Kath’s sociological definition of identity is not new, but could be traced back to Adam Smith’s Wealth of the Nations. The concept of individualized self is a modern invention, though. Kath, in th e modern context, reinvents the older concept. Kath also analyses the identity of motherhood with respect to the bodies and selves. She says that the first thing a woman could relate to in her role as a mother is her body. This could be symbols and evidence of patriarchal control of female body. However, the child evokes tenderness in her as against the anger toward the male body. This conflict is discussed by Rich. Any role is not subjective and is always relative to the others involved. For example, parent is relative to the child and the vice versa; the role of the teacher is relative to the role of the student. So roles are modified and moulded according to their relative positions and the feedback from the related roles. In addition, it is dependent on the expectations

Sterling Financial Study Essay Example | Topics and Well Written Essays - 1000 words

Sterling Financial Study - Essay Example Bill Border's managerial experience has gotten off to a rocky start. Having only three months previous work as an area manager for Sterling was not really enough experience to the thrust in a position without time for adjustment, and with his closest help, Mary Gross-district manager, being 100 kilometers away. Bill has also come into the position at a time when a depressed economy was limiting productivity. Bill is focused on employee performance than job satisfaction, but given the circumstances of the economy's effect, and not researching previous performance levels, he cannot formulate an accurate perception of the work environment. Bill's lack of networking time, communication, and misconceptions on employee performance, led to the firing of a potentially valuable employee, and has led to other, larger problems such as higher anxiety, lack of positive motivating forces, and even less communication than before. The most pressing problem in Bill's situation is the lack of communication on his part. When Bill Border arrived to the position, he held an introductory meeting and individual reviews to discuss employee goals and the firm's expectations. Although the meeting and reviews were good ideas as ways to get acquainted with the staff, Bill's method failed because it was too generalized. Bill offered the employees the opportunity to discuss concerns with him, but he never did anything to address and resolve the issues presented. Harper (2006) stated, "Managers often believe that lack of employee ability and motivation are reaons for declining performance but other factors directly within the manager's influence may, in fact, be the real reaon for the decline (pag. 68). A lack of knowledge regarding his subordinates gave Bill a false perception about the real issues, and effected his decision making skills. Aside from effective communication, it is important for managers to have an accurate perception of the issues at hand. The Merriam-Webster Dictionary (n.d.) defined perception as, "A capacity for comprehension" (perception, n. pag.). Bill lacked this because he did not consider any external forces that were affecting worker productivity, believing they were just not motivated enough. Bill did not see the bigger picture of how the economy was stunting business, or any external problems that were affecting his subordinates. This distorted perception led Bill a decision that would hinder his progress as a manager further when he dismissed Keith Taylor, a 23-year-old management trainee. Keith had been with the Sterling Financial Company for 18 months and was considered by peers to be a well-liked, intelligent employee that gave satisfactory performance. Bill was concerned with Keith's increased absenteeism, but never considered the external factors affecting Keith's attendance. Bill did not communicate these concerns directly to Keith, but made a general and vague reference to the attendance issue during a meeting. Although Keith deserved a reprimand for his act of no call/no show, termination of his employment was unnecessary. When Bill tacked on the announcement of Keith's departure to the end of an office meeting without giving explanation, job stress skyrocketed with employees. His lack of effectively communicating the reasons

Power of Advertising Essay

Power of Advertising Essay Advertising is a form of communication intended to influence an audience to buy or take some action upon products, services or ideals. It includes the name of a product or service and how that product or service could benefit the consumer, to persuade a target market to purchase or to consume that particular brand. 1.1 Background of Study 1.1.1 The Importance / Power of Advertising Nowadays, many companies are using advertisement to attract customers and it plays an important role during product or services life stages. It is very difficult for a company to promote their new product or services if they do the promotion without a proper. For example, during introduction stage, the company needs to make sure the advertisement is attractive and able to deliver the new ideas to the customers as well as able to move to the second stage, which is the growth stage. The growth of the products or services highly depends on the advertisement. The last stage is the decline stage. It also needs to do more promotion or advertising in order to keep the customers interest on the products or services. If the company fails to do so, then the sales of the products will go down and the company will suffer losses. From this, we can conclude that how important advertisement is and it is the most influencing tool among other marketing tools. Companies can choose different media of advertisement, such as through advertising in newspaper, magazine, online and so on. It is all depend on the cost that the company is able and willing to pay. In the modern advertising strategies, various appeal such as sexual, shock, emotional, fear, and humors are included. These appeals tend to raise high brand awareness and brand recognition among a large audience. However, when using any of these appeals there is always a person included either someone unknown or in most cases a well known person. According to (McCracken, 1989), a well-known person tends to have a greater effect on the consumer buying behavior. 1.1.2 The Celebrity Involve in Advertising The reason for using celebrities as endorsers is due to their huge potential influence. Compared to other endorser types, famous people achieve a higher degree of attention and recall. They increase awareness of a companys advertising, create positive feelings towards brands and are perceived by consumers as more entertaining. Besides, using a celebrity in advertising is more likely to positively affect consumers brand attitudes and purchase intention. The celebrity endorser is a ubiquitous feature of modern marketing. In fact, to use an endorsement by celebrities is not a new phenomenon (Mehulkumar, 2005). For present purpose, the celebrity endorser is defined as any individual who enjoys public recognition and who uses this recognition on behalf of a consumer good by appearing with it in an advertisement. Besides, celebrities have an ability to transfer their image to a specific product that being advertised. Many companies have realized the importance of celebrity endorsement as a marketing communication tool. By using these advertising tools, a company generates a high awareness among a larger audience as well as an increased market share in short run. Besides, the celebrity endorsement may materially improve financial returns for companies that employ them in their advertising campaigns. The importance of celebrity endorsers, however, does not lie in the fact that they are used by firms who wish to increase revenue, but in how these celebrities add value to a company, brand or product. Celebrities add value through the process of meaning transfer. The meaning transfer model suggests that celebrities develop a persona through the types of roles they play in society as well as how they are portrayed in the media. Collectively, the culturally constituted society then assigns meaning to celebrities (Amos, 2008). When celebrities endorse a product, the meaning developed around a particular celebrity will or at least it is hoped for by advertisers transfer to a company, brand, or product. Thus, when a consumer identifies with a celebrity (identification occurs when a person is willing to accept influence from another person) (Kelman, 2006), he/she purchases the product in the hope of claiming some of these transferred meanings for their own lives. 1.2 Research Problem International brands nowadays need advertising promotion because it helps to improve sales, and the content of advertisements mostly focused on endorser. However the culture of advertisement is differing, an endorsed advertisement should not only consider the types and nationality of endorser, but also the celebrity endorser/product fit. The success of an advertisement depends on the selection of an endorser. The endorser must be correctly chosen in order to deliver the right message to the public. For example Anlene in India, whose target audience is adults over 35 (and chiefly women) is being endorsed by dancer Mallika Sarabhai in another ad that uses Bharatanatyam to focus attention on the product. It is impossible to use the young celebrity to endorse the product because the target market is above 35 years old. Choosing the right endorser will increase customers confident towards the products, and at the same time, the sales will be increased as well. Finding a right endorser is quite a difficult task; they may or may not bring benefit to the company. First, celebrity source credibility is one of the factors; it had been divided into many types of credibility such as attractiveness, trustworthiness, expertise and so on. Some argument has arisen that it is useless if company based of these celebrity source credibility but some support it. In this kind of situation, which type of endorser appeared to be better? So far there is no certain answer for this question. Second problem that will influence the effectiveness of celebrity endorsement advertisement is endorsers nationality. In fact, some international companies believe that it is more suitable to hire well-known international celebrities such as artists and model as endorsers for advertising purpose, for instance: LV and DKNY. However, some brands think that different country or place has different culture; therefore different endorser should be used. For example Nike will choose their local sport stars such as Michael Jordan as endorsers in America but in Asia countries, they will use Asian sport stars like Nakata Hidetoshi. Next is celebrity endorser/product fit. For reference, NBA star Yao Ming first appeared on a China telecommunication company, China Unicoms CDMA mobile phone advertisements as endorser, some doubted that Yao Ming who staying in United States really used the mentioned mobile before? Can his sporty and fresh image help shape a good brand image for CDMA? Of course, China Unicom only takes Yao Mings fame into consideration and did not analyze the fit of Yao Mings endorsement for CDMA mobile phone. In facts, even Michael Jordan, a famous international superstar is not suitable for every brand. The internal link between brand and brand endorser is determined by brand element. The elements of a brand decide which kind of endorser should be invited, if they do not match, there will be greater damage on the brand. Research Statement: How the celebrity endorsement advertisement is effective method of advertising? What is the impact or effect of celebrity endorsement advertisement towards the customers? What are the most important source effects of celebrity endorsement? What is the influence of endorsers nationality celebrity endorsement effectiveness? What effect does the celebrity endorser/product fit have on celebrity endorsement effectiveness? As conclusion, I would like to solve these problems by giving questionnaires to the customers in hypermarket (Malacca) and compile all the answers to make a clear report. Besides, I also would like to find some journals or articles from internet to prove my statement and eliminate my wrong perception. 1.3 Objective of study To identify the most important source effects of celebrity endorsement advertisement. To identify the influence of endorsers nationality on celebrity endorsement advertisement effectiveness. To investigate the effect celebrity endorser/product fit have on celebrity endorsement advertisement effectiveness. To identify the factors that influencing the effectiveness of celebrity endorsement advertisement. This study brings a lot of advantages because nowadays companies like to use celebrities to market their products. Through this study, companies can learn how to choose a right celebrity as an endorser to gain higher degree of attention. They can do some research by reading this study to get the idea on what are the factors that may influence the effectiveness of celebrity endorsement advertisement. The product profitability is mostly depending on the endorser because customers will get attracted by the endorser first. So, choosing the right celebrity as endorser is the important part to marketing their product. Besides, this study also brings some advantages to customer. This study lets us know that celebrity had the ability to transfer their image to a specific product that is being advertised. Celebrities add value through the process of meaning transfer which is celebrities develop a persona through the types of roles they play in society. Customers will purchases the product in hope of claiming some of these transferred meanings for their own lives. But, some companies had done some mistakes such as using the wrong endorser for their product. It may affect the perception of the customers. Through this study, customer may get smart by knowing which products are using the not appropriate celebrity. They will not claim the transferred meaning blindly. From this study, we know that it is very important because by using the right celebrity as endorser is very important. It may reflect the product development. We also can learn the factors such as source credibility, endorsers nationality, celebrity endorser/product fit may affect the effectiveness of advertisement by using celebrity. This study will give us a basic idea and knowledge if we are interested in marketing products. 1.4 Justification This study is made to discover the influences of source effects, nationality of endorsers and celebrity/product fit towards the celebrity endorsement effectiveness. The purpose for this study is to have better understanding towards endorsers nationality and fit in advertising culture. Source effects of endorser are measured according to three main dimensions of source credibility of endorsers proposed by Ohanian(1991). The effectiveness of the advertisement is highly based on the customers focus. We need to have better understanding towards the product target market in order to choose the right endorser. There is some difficulty in doing this study because there is no current research. The latest author found for this issue is around year 2000. The reason for me to choose this topic is because there are many companies like to use celebrities as an endorser for their product. The current issue is that not every endorser is suitable to become an endorser of a product. We are to find out the factors that may affect the effectiveness of advertisement, not merely using any celebrities although some may not be effective. This is an important issue where it directly affects the product being advertised. 1.5 Methodology This research will be organized into 3 chapters and the outline of each chapter is as follows: Chapter 1 (Introduction)Chapter one is the introduction for this study which tells us about the importance of advertising and the celebrity involve in advertising. A well-known person tends to have a greater influence on the consumer buying behavior but the problem is that not every endorser is suitable to become an endorser of a product. We are to find out the factors that may affect the effectiveness of advertisement, not merely using any celebrities although some may not be effective. This is an important issue where it directly affects the product being advertised. Chapter 2 (Literature Review)Chapter two is the literature review which reviews the past studies that have been done by the researchers related to it. This chapter will explain clearly about the dependent and independent variables. The dependent variable is celebrity endorsement effectiveness while the independent variables are celebrity source credibility, celebrity endorsers nationality and celebrity endorser/product fit. Chapter 3 (Research Mythology)Chapter three is the research methodology which shows the steps taken in conducting the survey such as research, handing out questionnaires, data collection and so on. To ensure the research finding to be more precise and accurate, this study relied on both primary and secondary data. In this study, the descriptive research which is a type of conclusive research that has its major objective or description of something will be used. Definitions: Celebrity: Celebrities are people who enjoy public recognition by a large share of a certain group of people (Christina, 2003). Whereas attributes like attractiveness, extraordinary lifestyle or special skills are just examples and specific common characteristics cannot be observed, it can be said that within a corresponding social group celebrities generally differ from the social norm and enjoy a high degree of public awareness (Wikipedia, 2010). Celebrity Endorsers: McCracken (1989) has defined celebrity endorser as any individual who enjoys public cognition and who uses this cognition on behalf of a consumer by appearing with in an advertisement. Meaning Transfer Model: McCracken (1989) suggested a meaning transfer model that is composed of three subsequent stages. First, the meaning associated with the famous person moves from the endorser to the product or brand. Thus, meanings attributed to the celebrity become associated with the brand in the consumers mind. Finally, in the consumption process, the brands meaning is acquired by the customer. The third stage of the model explicitly shows the importance of the consumers role in the process of endorsing brands with famous persons. Ohanian(1990) established the source credibility model and defined expertise as the extent to which a communicator is perceived to be a source of valid assertions and Trustworthiness as the degree of confidence in the communicators intent to communicate the assertions he considers most valid. Source attractiveness does not refer only to physical attractiveness but also related to three more general concepts: similarity, familiarity, and liking. Negative Celebrity Information Repeated pairings of a brand and celebrity strengthen the associative link consumers establish between brand and celebrity, negative information about the celebrity may negatively impact the endorsed brand (Erdogan, Baker, Tagg, 2001) 1.6 Delimitation of Scope This study contains few current journals or study. The current author had found is around year 2000. So, it is quite hard to find the journals later than year 2005. This researchs scope will focus on shoppers in Malacca who had exposed to advertisements and act as decision maker during shopping. These shoppers were mostly approached at hypermarkets or malls in Malacca.

Quantitative Research Critique

Quantitative Research Critique Cathleen Atkins Grand Canyon University NRS 433V Linda Permoda March 24, 2013 Quantitative Research Critique Title of Article The title of the article being critiqued is â€Å"The impact of workload on hygiene compliance in nursing†, which was published in the British Journal of Nursing (Knoll, Lautenschlaeger, & Borneff-Lipp, 2010). Authors There are three authors for this quantitative research study. Martin Knoll is the HTW of Saarland, Clinical Nursing Research and Evaluation, Saarbruecken, Germany.Christine Lautenschlaeger, Institute of Medical Epidemiology, Biometry and Medical Informatics, Martin Luther University of Halle-Wittenberg, Germany is the second author. And last, Marianne Borneff-Lipp is head of the Institute for Hygiene, Martin Luther University of Halle-Wittenberg, Halle (Saale), Germany (Knoll, Lautenschlaeger, & Borneff-Lipp, 2010). Introduction to Study Quantitative research is used when trying to determine the meaning of li fe experiences and situations. This is done by using a systematic and subjective approach to study.The goal of quantitative research is to determine the relationship between one thing, an independent variable, and another, the dependent variable (Burns & Grove, 2011). The purpose of the study was to examine whether external factors such as ward capacity and level of nursing intensity had any effect on compliance of hand hygiene guidelines by the nursing staff (Knoll, Lautenschlaeger, & Borneff-Lipp, 2010). Protection of Human Participants During the six participant observation trials nurses were observed, without their knowledge, to see if they complied with hand hygiene disinfection.When a nurse was observed to have neglected hand hygiene an interview was immediately conducted to understand why previous training on hand hygiene guidelines were ignored. The observations and interviews were conducted with permission from hospital management and the medical director that were in accor dance with the Guidelines of Good Research Practice (Cambridge University, 2005). Informed consent was obtained by nursing staff when subsequent interviews were undertaken after notice of failure to comply with the guidelines and they did so voluntarily (Knoll, Lautenschlaeger, & Borneff-Lipp, 2010).Benefits of participation were not addressed by the researchers. Data Collection Major variables for this study were identified. The independent variable identified by the researchers is the nursing staff with the dependent variable being data collected from the interviews. Data was collected for this study during a 12 month time period, from June 2007 to May 2008. Data collection was divided into six observation trial periods that included June, September, and November of 2007 and January, March, and May of 2008. Nursing staff from ten departments were observed for research.Those departments included four surgery units, four internal medicine units, and two interdisciplinary intensive c are units. Data was collected by observations and interviews. A researcher observed nurses for hand disinfection, when a nurse failed to do so the researcher introduced themself to the nurse and immediately initiated a narrative interview (Knoll, Lautenschlaeger, & Borneff-Lipp, 2010). Rationale for using the previously described collection methods was so the study could employ the Hawthorne effect. (Stroebe, 2003).The Hawthorne effect exercises influence on the nurse through teaching that is intended to motivate behavioral change (Knoll, Lautenschlaeger, & Borneff-Lipp, 2010). Data Management and Analysis There was no information provided by the researchers about data management. A descriptive design and trend analysis was used to determine problems with current practice of the nurses interviewed. Data analysis was done through categorization of summarized core statement. Seven categories with subsequent causes were developed as well as a structured definition of those categories.T he rigor process was not addressed by the researchers. To minimize the effect of researcher bias the interviews were consistently conducted by the same interviewer in a controlled environment (Knoll, Lautenschlaeger, & Borneff-Lipp, 2010). Findings / Interpretation of Findings The findings from the research are valid and have an accurate reflection of reality. Confidence in the findings is positive because it addressed the purpose of the study. Nursing staff illness, absence, vacation, and difference in full or part time employment were not taken into account and make up the limitations of the study.The study used coherent logic as was evidenced by categorization of data, tables, and section titles. The study findings can be applied to all aspects of nursing practice in all areas. One question that emerged that requires further study is how such an imbalance could arise between the scope of every day nursing duties and the time available to perform them (Knoll, Lautenschlaeger, & Bo rneff-Lipp, 2010). References Burns, N. & Grove, S. K. (2011). Understanding nursing research. Maryland Heights: W.B. Saunders. Cambridge University. (2005). Good research practice. http://tinyurl. com/3yhf8py Knoll, M. , Lautenschlaeger, C. , & Borneff-Lipp, M. (2010). The impact of workload on hygiene compliance in nursing. British Journal of Nursing, 19(16), S18-S22. Retrieved on March 24, 2013 from http://ehis. ebscohost. com. library. gcu. edu:2048/eds/pdfviewer/pdfviewer? sid=0e6f5b68-9e35-492d-9fae-b57d46b48458%40sessionmgr112&vid=7&hid=6 Stroebe, W. (2003). Sozialpsychologie. 4th Ed. Heidelberg, Berlin.

Active and Passive Indexing

The first index fund began in 1971, with $6 million funded by Samsonite, the luggage-maker. Since then, there have been many arguments of whether an active index fund or a passive index fund offers better long-term results for investors. Index funds are already the fastest growing sector of the mutual fund business. From 1986 to 1996, the amount of money invested in index funds grew from $556 million to $65 Billion. And if anything, individual investors have been slow to embrace passive management. Institutional investors invest a far larger percentage of their assets passively. Many individual investors are simply uneducated and unaware of the arguments and experimental evidence supporting passive management. Institutional investors and academics have known for years (many for decades) that passive investing is extremely difficult to beat and that the majority of active investors will fail in their attempt to outperform the market. Active indexers assert they can outperform the marketplace. Passive (index) portfolios state they can mirror the performance of the indices. Both have their good times and their bad times. Active indexers raise cash in times of increased risk and instability while passive indexers remain fully invested. This can be quite painful during times of large declines in the market. Passive portfolios mirror the gains of the indices during roaring bull markets and eventually outperform the majority of active money managers who must remain diversified and who sometimes take on additional risks in an attempt to produce the performance and safety that they have promised their clients. The evidence has piled up during today's bull market that the average dollar managed by active managers does not keep up with the market index. Finally, indexing is a way to avoid being blind-sided in certain areas of the marketplace. Active management themes can easily find themselves on the wrong side of an investment. There is a perception among investors that a strategy designed to match stock market returns is less risky than a comparable actively managed portfolio. Since the index approach invests in a manner that is most friendly with the market's natural liquidity, it produces the least disturbance. The passive investor also has diversified his risk. Specific negative things can happen to individual companies or groups. As a passive investor, one is not exposed to any of these things. However, it does not mean you have a risk-free investment. The downside to passive index investors is that they â€Å"fuel the fire† of a market that appreciates well beyond its true value. Index mutual funds must put new money to work†¦ they can not hold cash†¦ and their investors all buy the exact same stocks. When stocks go down, index funds, being fully invested, will receive the ultimate effect of the decline. Combined with this loss is the fact that they will also have to sell shares to cover shareholder redemptions. These funds will get hit harder than many active portfolios with a cash cushion. Most active managers of investment portfolios raise cash as they perceive higher valuations, excessive instability, and extreme risks, therefore; reducing the display to loss during declining markets. Another downside to passive indexing is the impact they have on market instability. This gives the patient active money manager a welcome opportunity to take advantage of stock selection at very attractive prices and, to some extent, time the market in making their decisions of when to buy and when to sell. Index investing is a tricky business that can roil markets. Actively indexed funds have gone upward over the last decade. This has occurred despite the fact that investors have poured huge amounts of money into active funds over this period. The costs of investing in index funds have trended downward as they have become more popular with investors. The costs of active index funds just might decrease in the future, thereby narrowing the cost gap with passive index funds. But all evidence to date has shown just the opposite trend – the costs of active funds continue to go up and the costs of index funds continue to go down. Actively indexed funds typically generate relatively large amounts of taxes while passive index funds generate relatively small amounts. Some of the resulting gap in performance caused by taxes would seemingly be narrowed if the federal government were to lower tax rates. Congress did this at the end of July 1997 when it reduced the maximum long term capital gains tax rate from 28% on investments held more than one year to 20% on investments held 18 months or longer. The tax bill provides that in the year 2001 this rate will be reduced to 18% for investments held five years or longer. Finally, active money managers serve the specific needs of their clients. They manage portfolios based exactly on the investor's objectives and tolerance for risk. They make decisions based on a stated time frame and they are capable of changing the goals and direction of a portfolio on a moment's notice. They are the investor's personal link to the market and the protector of their capital. The value of these services is immeasurable to most investors. One thing that really does not influence the investor as much as it should is the lack of appreciation with respect to the tax consequences of passive index management. The capital gains, created during the year by a fully active index manager, is reported to the IRS, and the investor ends up being taxed. For a taxed investor, the buy-and-hold is a winning strategy. Turnover is the enemy of the investor who pays taxes. Conversely, most investors would be more than happy to pay taxes on the returns produced by active money managers during periods of declining markets. Not many investors prefer losses to earning some gains and interest, even with the tax man waiting. The effect of so many investors buying index funds is that they tend to guard the money market. An investor could actually, in a cost-effective manner, buy and sell the market. The asset funding of active managers, combined with the efficiency of the passive manager, allows one to implement strategies that provide an optimal mix of securities to match a particular scenario, objective, or risk aversion. From time to time, it is possible that the major assets can get out of balance. Investors can run up prices where the lawfulness market is overvalued. When this reaches a untrustworthy level, more self-corrective measures are needed. This is where the expertise of the active manager becomes useful. As an investor, you are always trading off what Jeremy Bentham, the British economist, referred to as the â€Å"pain-pleasure calculus. † Good returns produce pleasure. Bad returns produce pain. An active money manager is always balancing off the pleasure vs. e potential pain. The active manager tends to determine what that balance is and if it finds that the market is deployed otherwise, it works in balancing the portfolio. Tactical asset funding combined with a passively managed portfolio has been called the â€Å"holy grail† of investing by Jonathan Burton, of Dow Jones' Asset Management magazine. During declining markets, index funds take the full force of the market's loss. Managers of these funds are forced to sell stocks in order to meet the demand for redemptions as their investors got out of the market. During markets of very little movement, investors quickly drain of insufficient or no returns on their investment. Finally, a philosophy of capital preservation causes the active manager to raise cash, providing a cushion for portfolios during times of extreme risk. Active or passive? Both have their advantages and their risks, but the two are found to be the best long-term plans for both performance and safety. Index (passive) funds are likely to beat active funds, yet the Morningstar data show that 92% of all the money is U. S. stock funds is in active funds.

Was Hiroshima Necessary Or Hiroshima Essay - 1661 Words

Was Hiroshima Necessary? After the Japanese dropped the bomb on Pearl Harbor, the United States took serious offense to it. The Americans dropped the bomb on Hiroshima and Nagasaki because of them dropping the bomb on Pearl Harbor. America dropped the bomb because President Harry Truman commanded that if the Japanese made any attack on us, we would attack them. This bomb badly affected Japan. At least 140,000 Japanese people died, including 20,000 soldiers by December of 1945. At least 90% of the deceased were killed within two weeks of the bomb being dropped. 92% of 76,000 buildings were destroyed. (â€Å"Hiroshima Committee†) The decision to drop the bomb on Hiroshima and Nagasaki was the hardest decision for President Truman to make. He had the power right there in his hands to end the war but he would have to unleash the most powerful weapon known to man, at this time. Everyone was very tired of fighting but the Japanese would not give up so Truman decided to drop it. Even though we told Japan that if they did not surrender we would completely demolish some of their cities, they did not listen and they did not surrender. Maybe they did not think about what kind of weapons we would use because we did not ever tell them that we had an atomic bomb. (â€Å"The Decision to Drop the Bomb†) There were many causes for the United States dropping the bomb on Hiroshima and Nagasaki. One of these causes was because we wanted to increase the chances of Japan surrendering so thatShow MoreRelatedWas Hiroshima Necessary? Or Hiroshima? Essay1661 Words   |  7 PagesWas Hiroshima Necessary? After the Japanese dropped the bomb on Pearl Harbor, the United States took serious offense to it. The Americans dropped the bomb on Hiroshima and Nagasaki because of them dropping the bomb on Pearl Harbor. America dropped the bomb because President Harry Truman commanded that if the Japanese made any attack on us, we would attack them. This bomb badly affected Japan. 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In actualityRead MoreThe Atomic Bombs in Japan1373 Words   |  6 PagesOn August 6th, 1945, the United States dropped an atomic bomb on the Japanese city of Hiroshima without any precedent. The explosion viciously destroyed four square miles of the city and killed 90,000 and injured 40,000. (Weber, â€Å"Was Hiroshima Necessary?†) Three days later, a second atomic bomb stroked the city of Nagasaki which killed approximately 37,000 people and injured 43,000 (Weber, â€Å"Was Hiroshima Necessary?†). These actions of the United St ates still remain controversial today and the UnitedRead MoreJapan Bombs : Was It Necessary?1188 Words   |  5 PagesRyan Nguyen Arr. 5 Japan Bombs: Was it necessary? In August of 1945, the US dropped one of the deadliest weapons ever made onto Hiroshima and Nagasaki, it was a barbarous and inhumane thing to do to another country. Even though the US believed that by dropping the bomb, World War II would be over, it was not necessary because Japan had already tried to negotiate peacefully and its military was already collapsing during that time. The consequences of the atomic bomb were stunning. According toRead MoreA Closer Look at the Bombings in Hiroshima and Nagasaki1485 Words   |  6 Pages With multiple chances from the United States to surrender in the war and rejecting each one, the Japanese set themselves up for disaster. On August 6, 1945 the course of history was changed. Two atomic bombs were dropped on the Japanese cities of Hiroshima, and three days later, August 9, 1945, on Nagasaki that ended World War II. Japan had already been a defeated nation from conventional bombs and World War II. Many innocent lives were lost, psychological scars were left on the livesRead MoreEssay on Atomic Bombing on Japan937 Words   |  4 PagesHiroshima: Was Dropping the Atomic Bomb a Military Necessity? On the morning of August 6th, 1945 at around 8:16 a.m., the United States dropped the first bomb on Hiroshima. This bomb was given the nickname â€Å"Little Boy.† Three days after the first atomic bomb was dropped, on August 9th, 1945 at around 11:02 a.m., the United States dropped a second atomic bomb on Nagasaki. This bomb was given the nickname â€Å"Fat Man.† These two bombs immensely destroyed these cities and took the lives of many peopleRead MoreWas The Bombing Of Hiroshima And Nagasaki Morally Justified?1736 Words   |  7 PagesWas the bombing of Hiroshima and Nagasaki ethically justified? – Why Truman decided to drop the atomic bombs on Japan – By Grace Kelsall World War 2 saw the emergence of America as a new world power on August 6th 1945, also internationally known as the traumatizing day for Hiroshima; after an American B-29 bomber dropped the world’s first atomic bomb. World War Two is considered a great turning point in modern history, it being one of the bloodiest and horrific wars; exposing all countries aroundRead More Drop The Bomb? Essay656 Words   |  3 Pagesbombs on the Japanese cities of Hiroshima and Nagasaki, causing utter destruction and many deaths. These bombs were dropped as the Pacific battles of World War II were coming to an end. Soon after Japan surrendered, ending the war. But, was the use of atomic warfare necessary? Was it too harsh and cruel to the Japanese? The first question was whether or not to drop a bomb. The effects of atomic warfare had not been known and studied, but it was apparent that it would be a good tool Was Hiroshima Necessary Or Hiroshima Essay - 1661 Words Was Hiroshima Necessary? After the Japanese dropped the bomb on Pearl Harbor, the United States took serious offense to it. The Americans dropped the bomb on Hiroshima and Nagasaki because of them dropping the bomb on Pearl Harbor. America dropped the bomb because President Harry Truman commanded that if the Japanese made any attack on us, we would attack them. This bomb badly affected Japan. At least 140,000 Japanese people died, including 20,000 soldiers by December of 1945. At least 90% of the deceased were killed within two weeks of the bomb being dropped. 92% of 76,000 buildings were destroyed. (â€Å"Hiroshima Committee†) The decision to drop the bomb on Hiroshima and Nagasaki was the hardest decision for President Truman to make. He had the power right there in his hands to end the war but he would have to unleash the most powerful weapon known to man, at this time. Everyone was very tired of fighting but the Japanese would not give up so Truman decided to drop it. Even though we told Japan that if they did not surrender we would completely demolish some of their cities, they did not listen and they did not surrender. Maybe they did not think about what kind of weapons we would use because we did not ever tell them that we had an atomic bomb. (â€Å"The Decision to Drop the Bomb†) There were many causes for the United States dropping the bomb on Hiroshima and Nagasaki. One of these causes was because we wanted to increase the chances of Japan surrendering so that ourShow MoreRelatedWas Hiroshima Necessary? Or Hiroshima? Essay1661 Words   |  7 PagesWas Hiroshima Necessary?   Ã‚  Ã‚   After the Japanese dropped the bomb on Pearl Harbor, the United States took serious offense to it. The Americans dropped the bomb on Hiroshima and Nagasaki because of them dropping the bomb on Pearl Harbor. America dropped the bomb because President Harry Truman commanded that if the Japanese made any attack on us, we would attack them. This bomb badly affected Japan. At least 140,000 Japanese people died, including 20,000 soldiers by December of 1945. At least 90% ofRead MoreWas Bombing Hiroshima and Nagasaki Necessary to End World War 2?1650 Words   |  7 PagesDuring the time period when Franklin D. Roosevelt was in office, it was during WWII. Japan attacked the U.S. on Dec. 7, 1941 and was known as Pearl Harbor. When that happened, Roosevelt did not hesitate to ask Congress to officially declare war on Japan. During the war, there was a proposal of an atomic bomb landing over Hiroshima and Nagasaki to finalize the war. To this day there is still controversy that if that atomic bomb was actually necessary to end the war, because of the number of innocentRead MoreThe Bombing of Hiroshima and Nagasaki, Japan: A Necessary Evil or an Unnecessary Act?1198 Words   |  5 Pagescities and people of Hiroshima and Nagasaki, Japan would experience something that no other people had ever experienced before, and no other people have experienced since. Within three days in the month of August 1945 and nearing the end of World War II, Hiroshima and Nagasaki, Japan would become the testing ground and their people the test dummies for a new kind of war weapon; the atomic bomb. Was this act necessary to bring an end to World War II as has been claimed? No, it was not. For monthsRead More Hiroshima: Killing Thousands of People Essays1325 Words   |  6 PagesHiroshima: Killing Thousands of People At 8:15 in the morning, on August 6, 1945, the United States dropped the first nuclear weapon ever used in a war. Little Boy was dropped from a B-29 bomber over the Japanese city of Hiroshima1. The blast itself and the radioactive fall out killed around one hundred thousand people and demolished the city. Did the Japanese bring this upon them selves? What was the role of the Japanese civilians in the United States decision to drop the bomb? In actualityRead MoreThe Atomic Bombs in Japan1373 Words   |  6 PagesOn August 6th, 1945, the United States dropped an atomic bomb on the Japanese city of Hiroshima without any precedent. The explosion viciously destroyed four square miles of the city and killed 90,000 and injured 40,000. (Weber, â€Å"Was Hiroshima Necessary?†) Three days later, a second atomic bomb stroked the city of Nagasaki which killed approximately 37,000 people and injured 43,000 (Weber, â€Å"Was Hiroshima Necessary?†). These actions of the United St ates still remain controversial today and the UnitedRead MoreJapan Bombs : Was It Necessary?1188 Words   |  5 PagesRyan Nguyen Arr. 5 Japan Bombs: Was it necessary? In August of 1945, the US dropped one of the deadliest weapons ever made onto Hiroshima and Nagasaki, it was a barbarous and inhumane thing to do to another country. Even though the US believed that by dropping the bomb, World War II would be over, it was not necessary because Japan had already tried to negotiate peacefully and its military was already collapsing during that time. The consequences of the atomic bomb were stunning. According toRead MoreA Closer Look at the Bombings in Hiroshima and Nagasaki1485 Words   |  6 Pages With multiple chances from the United States to surrender in the war and rejecting each one, the Japanese set themselves up for disaster. On August 6, 1945 the course of history was changed. Two atomic bombs were dropped on the Japanese cities of Hiroshima, and three days later, August 9, 1945, on Nagasaki that ended World War II. Japan had already been a defeated nation from conventional bombs and World War II. Many innocent lives were lost, psychological scars were left on the livesRead MoreEssay on Atomic Bombing on Japan937 Words   |  4 PagesHiroshima: Was Dropping the Atomic Bomb a Military Necessity? On the morning of August 6th, 1945 at around 8:16 a.m., the United States dropped the first bomb on Hiroshima. This bomb was given the nickname â€Å"Little Boy.† Three days after the first atomic bomb was dropped, on August 9th, 1945 at around 11:02 a.m., the United States dropped a second atomic bomb on Nagasaki. This bomb was given the nickname â€Å"Fat Man.† These two bombs immensely destroyed these cities and took the lives of many peopleRead MoreWas The Bombing Of Hiroshima And Nagasaki Morally Justified?1736 Words   |  7 PagesWas the bombing of Hiroshima and Nagasaki ethically justified? – Why Truman decided to drop the atomic bombs on Japan – By Grace Kelsall World War 2 saw the emergence of America as a new world power on August 6th 1945, also internationally known as the traumatizing day for Hiroshima; after an American B-29 bomber dropped the world’s first atomic bomb. World War Two is considered a great turning point in modern history, it being one of the bloodiest and horrific wars; exposing all countries aroundRead More Drop The Bomb? Essay656 Words   |  3 Pagesbombs on the Japanese cities of Hiroshima and Nagasaki, causing utter destruction and many deaths. These bombs were dropped as the Pacific battles of World War II were coming to an end. Soon after Japan surrendered, ending the war. But, was the use of atomic warfare necessary? Was it too harsh and cruel to the Japanese? The first question was whether or not to drop a bomb. The effects of atomic warfare had not been known and studied, but it was apparent that it would be a good tool