Sunday, December 29, 2019
Finance As The Science And Art Of Managing Money - 1518 Words
Cherix Leung BUS202 Anna Kwong Reflective Paper Chapter 1 ââ¬â Introduction to Finance In the book Managerial Finance, it defines finance as the science and art of managing money. Whether we are dealing with finance on the personal or business perspective, the general ideas behind them are inseparable, equally serious and important. Individuals make plenty of decisions, short-term and long-term plans based on their monthly income and expenses, which it is going to directly affect how they are going to manage their savings and investment. People who have not been educated in finance tend to have a misunderstanding about the duties of an accountant and a financial manager. An Accountant spends most of their time collecting, inspecting and entering financial data and records in order to accurately prepare the four key financial statements for the organization, which is the balance sheet, income statement, statement of retained earnings, and statement of cash flows. On the other hand, a financial managerââ¬â¢s duties are to est ablish a financial and budgeting plan for the company, raise and invest money to ensure the organization operate smoothly, safely and successfully. Financial managers are the decision maker for the financial aspect of a firm. One of the very first yet significant decision firmââ¬â¢s owner has to deal with is the legal form of organization. Sole proprietorships, partnerships as well as corporation are the three most common legal forms of business organization. EachShow MoreRelatedThe Budget And The Mission Of The School975 Words à |à 4 Pagesthe department heads head request what they need for their teachers to help meet the needs of all the students. In this way the budget should balance out between all of the different departments. The finance director said with zero based budgeting; the funding is more likely to be equitable. The finance department tells the department heads to let them know what they need to fulfill the mission of the school. The whole budget is designed to make sure funds are available to complete the mission andRead MorePatton Fuller Essay880 Words à |à 4 PagesPatton-fuller community hospital case study Abstract Finance, understanding how it affects the smallest business to the largest organization, is the origin to financial success in businesses. According to Gitman (2006), finance is the art and science of managing money. Virtually every individual business and large organization, Be the organization for profit or non-profit, depends on the rates at which these entities earn, or raise money, and the rate at which they spend or invest these earnedRead MoreWhat Makes a Good Manager978 Words à |à 4 PagesIntroduction: The Merriam Webmaster online dictionary (2010) defines management as: ââ¬Å"The act or art managing: the conducting or supervising of something (as a business)â⬠. The word ââ¬Å"artâ⬠is used in this formal definition of management because in some aspects, it is a kind of art as much as a science. The person who conducts, supervises or manages a business or household affairs is known as manager. According to the Oxford English Dictionary (2010), Manager is the person responsible forRead MoreBasic Financial Instruments1521 Words à |à 7 Pagesword ââ¬Å"financeâ⬠Two versions: medieval Latin language (XIII-XIV centuries) contained words finatio, financia meaning ââ¬Å"obligatory paymentâ⬠; in English language the word is alleged to be derived from the word fine (XI century) which was the synonym of tax. Finance: evolution of meaning XVIII century ââ¬â mid-XX century ââ¬â ââ¬Å"financeâ⬠meant funds of the state; since mid-XX century ââ¬â ââ¬Å"financeâ⬠also covers the area of financial decisions made by corporations and individuals. ââ" ¡ Finance can beRead MoreMy Career As A Teacher979 Words à |à 4 Pagesan elementary school teacher. ââ¬Å"An elementary school teacher is a person trained to educate children from pre-kindergarten to fifth grade. They are responsible for the educational and emotional growth of children in a classroom setting, as well as managing the materials and resources used for educating themâ⬠(ââ¬Å"Elementary School Teacherâ⬠). It is important to understand the education or training requirements, skills or talents needed, salary and benefits offered, and the duties for a particular careerRead MoreManagers Need to Know how to Budget1862 Words à |à 7 PagesKnowing about finance can help managers and leadership significantly because it allows them to understand the needs for budgeting. This revolves around income statements, balance sheets, cost of goods and earning statements. I have learned more information on how budgeting, if done correctly, can help reduce debt si gnificantly. Knowing the important functions and goals of financial management can help organization thrive because their leadership and department managers understand the issues thatRead Moreintermediate accounting 2 test bank Essay8318 Words à |à 34 PagesAdolescence Steinberg 8 Advanced Accounting Beams 10 Advanced Accounting Beams 9 Advanced Accounting Bline 2004 Advanced Accounting Fischer 10 Advanced Accounting Hoyle 10 Advanced Accounting Hoyle 9 Advanced Accounting Jeter 3 Advanced Corporate Finance Ogden 1 Advanced Financial Accounting Baker 7 Advanced Financial Accounting Baker 8 Adventures in the Human Spirit Bishop 5 Advertising Morirty 8 Advertising and Integrated Brand Promotion OGuinn 5 Advertising and Promotion An Integrated MarketingRead More Louis XIV, Franceââ¬â¢s Sun King Essay1233 Words à |à 5 Pagesgovernment. He epitomized the ideal of kingship. During his reign France stabilized and became one of the strongest powers in Europe. Some people think that King Louis XIV did more harm to France than good. They cite his lack of moderation in managing his money. They also point out that Louis denied religious liberties to the Protestants of France and tightened control over his Roman Catholic subjects by revoking the Edict of Nantes. They also claim Louisââ¬â¢ war efforts were very costly and drained theRead MorePrinciples and Practices of Management6031 Words à |à 25 Pagesincludes: planning , organizing, directing and controlling. * The purpose of management is to formulate effective organisational strategies and to achieve them efficiently based on the mission , objective and goal. * Management is both and art and science in order to create a surplus. * It applies to managers at all level in an organisation. * Manager should process varied skills in order to play a varietal of roles. Social External Technical Internal HumanRead MoreMarketing And Service That Meets Market Demand And Satisfaction1363 Words à |à 6 Pagesand sustainable business. ââ¬Å"Couleurs du Mondeâ⬠will provide exceptional service that leaves a lasting impression with our main clientele. We will provide an unswerving atmosphere of food, beverage, entertainment and product quality, while managing all internal finances and cash flow to ensure an increase in profit growth. To ensure that ââ¬Å"Couleurs du Mondeâ⬠experience rising growth in investment, there will be firm control of all cost without any exemption. Target Market ââ¬Å"Couleurs du Mondeâ⬠seeks to capture
Saturday, December 21, 2019
Central Theme of Love in Shakespeares A Midsummer...
Shakespeareââ¬â¢s A Midsummer Nightââ¬â¢s Dream central theme of love A common theme in literature is love. Love can take hold in an instant and can make you do things you never would have done otherwise. Love appears in several different ways in Shakespeareââ¬â¢s A Midsummer Nightââ¬â¢s Dream. Hermia and Lysander show true love, while Helena demonstrates unrequited love. Titania and Bottom presents us with magic love. In the play, love is also the cause of a few broken hearts. While there is no one common definition of love that suits all of the characters, the romantic relationship in the play all leans to one simple rule laid out by Lysander, ââ¬Å"The course of true love never did run smooth.â⬠True love is shown in various places in the play. On ofâ⬠¦show more contentâ⬠¦Their situation is quite similar to that of Lysander and Hermiaââ¬â¢s. They both love each other so much that they both gave up their lives for each other, ââ¬Å"Ay, that left pap, where heart doth hop: thus die I, thus, thus, thus.â⬠Demetrius and Helena present us with a different type of love, unrequited love. Devoted to Demetrius, Helena willingly gives him her heart, body and soul, just for his attention. But even when he proclaims his feelings for Helena, ââ¬Å"I love thee not, therefore pursue me not. Hence get thee gone, and follow me no more!â⬠Helena still refuses to leave him and continues to chase after him. Demetrius and Helena also have a situation of unrequited love. No matter how much Demetrius claims his love for Hermia, she still rejects him, ââ¬Å"A privilege ââ¬â never to see me more. And from thy hated presence part I so, see me no more, wheââ¬â¢r he be dead or no.â⬠In this play, the juice of the magic flower is responsible to all the cases of magical love. It causes the character to fall in love with the first creature they see. Some of the characters that experience this love are due to Puckââ¬â¢s mistakes, ââ¬Å"Believe me, king of shadows, I mistook.â⬠Having the drops of the juice to the flower placed on their eyes, Lysander andShow MoreRelatedWeathering the Storms of True Love1159 Words à |à 5 Pages Sitting on a porch swing with ones true love hugging and kissing as the moon smiles down upon them, seems like the perfect situation for true love. Unfortunately, nothing could be further from the truth. Shakespeare presents the truth about true love in his comical tragedy A Midsummer Nights Dream. Lysander clearly stated loves situation when he told Hermia the course of true love never did run smooth (Griffiths 94). In some ways Lysanders declaration becomes the plays structuralRead MoreA Midsummer Night s Dream And Measure For Measure1341 Words à |à 6 PagesTwo of Shakespeareââ¬â¢s most famous comedies are A Midsummer Nightââ¬â¢s Dream and Measure for Measure. Both plays highlight the importance of marriage in society, even if they do so in different ways. Written sometime in the late 1500s, A Midsummer Nightââ¬â¢s Dream follows the story of a complex love triangle in which a forbidden relationship exists. The play reveals the importance of familial relationships in cr eating marriage, and shows that marriage serves a specific social function. In some ways, ShakespeareRead MoreLiterary Love Essay968 Words à |à 4 PagesLove - possibly the most powerful four-letter word known to man. A feeling and emotion so strong that it makes it nearly impossible to put its meaning into words. However, it is also one of the most explored subjects in the world of literature. Whether in a comedy or a tragedy, the theme of love is very often expressed. This theme can be expressed in many different ways, for example, positively causing everyone to live happily ever after in a fairytale type of world, negatively being the causeRead MoreA Descriptive Bibliography Of Shakespeare s A Midsummer Night s Dream 1542 Words à |à 7 PagesOverview of Shakespeareââ¬â¢s ââ¬Å"A Midsummer Nightââ¬â¢s Dreamâ⬠William Shakespeare was born April 1564 and grew up in Strafford-upon-Avon. He wrote ââ¬Å"A Midsummer Nightââ¬â¢s Dreamâ⬠in his early years as a playwright. He also wrote the play is a mixture of romance and comedy. It tells the story of four young people who fall in love with each other with the aid of magic. Shakespeare managed to create a dream world for the audience using the characters tied to a plot filled with antics and themes that everyoneRead More Comparing A Midsummer Nights Dream and Romeo and Juliet Essay1176 Words à |à 5 Pagesto one another, two stand out from the rest as sharing a great deal in common. Specific, solid parallels can be drawn between Shakespeares plays A Midsummer Nights Dream and Romeo and Juliet. The themes and characters are remarkably similar in many aspects. Firstly, both plays highlight the stereotypical young lovers - Hermia and Lysander in A Midsummer Nights Dream and Romeo and Juliet in Romeo and Juliet. Secondly, both plays are very ambiguously categorized. By this I mean that eachRead MoreThe Theme of True Love in A Midsummer Nights Dream by William Shakespeare744 Words à |à 3 PagesThe Theme of True Love in A Midsummer Nights Dream by William Shakespeare The overriding theme of the play A Midsummer Nights Dream by William Shakespeare deals with the nature of love. Though true love seems to be held up as an ideal, false love is mostly what we are shown. Underneath his frantic comedy, Shakespeare seems to be asking the questions all lovers ask in the midst of their confusion: How do we know when love is real? How can we trust ourselves that love is real when we areRead More A Comparison of A Midsummer Nights Dream and Romeo and Juliet992 Words à |à 4 PagesParallel Themes and Characters in A Midsummer Nights Dreamnbsp;and Romeo and Julietnbsp;nbsp;nbsp;nbsp; Certain parallels can be drawn between William Shakespeares plays, A Midsummer Nights Dream, and Romeo and Juliet. These parallels concern themes and prototypical Shakespearian character types. Both plays have a distinct pair of lovers, Hermia and Lysander, and Romeo and Juliet, respectively. Both plays could have also easily been tragedy or comedy with a few simple changesRead MoreA Midsummer Nights Dream Research Paper (with Cited)1161 Words à |à 5 PagesThe play, A Midsummer Nights Dream by William Shakespeare, is about four lovers and their dreamlike adventure through a fairy ruled forest. There are many different characters in this play and they each play their own individual role in how the play is performed and read. Three main characters that showed great characteristics are: Puck, Tom Bottom, and Helena. The play, A Midsummer Nights Dream by William Shakespeare, uses characters and their conflicts to give meaning to this piece of literatureRead MoreContrasting Places in a Mid Summer Nights Dream Essay1409 Words à |à 6 Pagescountries, two cities or towns, two houses, or the land and the sea) to represent opposed forces or ideas that are central to the meaning of the work. Choose a novel or play that contrasts two such places. Write an essay explaining how the places differ, what each place represents, and how their contrast contributes to the meaning of the work. Structure Vs. Chaos A Midsummer Nightââ¬â¢s Dream Contrasting places have been used in many works of literature throughout history to strengthen the meaning ofRead MoreWilliam Shakespeare s A Midsummer Night s Dream Essay2005 Words à |à 9 PagesIn William Shakespeareââ¬â¢s A Midsummer Nightââ¬â¢s Dream, Shakespeare crafts a play with three very different viewpoints that can be interpreted in many ways, some with obvious interpretations and other with much less obvious ones. Shakespeare also ends A midsummer Nightââ¬â¢s Dream, with an apology that is just as less obvious as some of the playââ¬â¢s interpretation. Yet, If a person looks past the obvious interpretations of the play, one can begin to piece together the possible message, that mortals no matter
Friday, December 13, 2019
The Dishonesty of Honest People Free Essays
Focus on two mechanisms that people employ to maintain their positive self-concept: digitization and attention to standards. 2. Overview of Theory and Hypothesis Theoryâ⬠. We will write a custom essay sample on The Dishonesty of Honest People or any similar topic only for you Order Now The theory of self-concept maintenance suggests that people typically act dishonestly and achieve external benefits from said acts, but only to the extent that their behavior stills allows them to maintain a positive view of themselves in terms of being honest. Hypothesis: The stuffs main hypothesis stems from the theory of self- concept maintenance (explained above). People facing this motivational dilemma ââ¬â gaining from cheating vs.. Maintaining a positive self-concept as honest individuals ââ¬â tend to solve it adaptively by finding a balance between he two motivating forces. They do so in order to acquire some financial benefit from behaving dishonestly while still maintaining their positive self- concept. 1 . The band of acceptable dishonesty is limited by internal reward considerations. 2. The size of this band depends on oneââ¬â¢s ability to categorize actions as something other than dishonest, as well as the attention that they pay to their standards for honest y at the time of the dishonest act. Although there may be many ways to find such a compromise, the study focuses on two particular means; categorization and attention to standards. Categorization: The study explains, ââ¬ËWhen this mechanism is activated, people can categorize their actions in more compatible terms, find rationalizations for their actions, and ultimately avoid triggering any negative self-signals that might affect their self-concept, which will therefore not get updatedâ⬠. Two important aspects of categorization are its relative ease and its limit. The exact ease/difficult of an act is typically defined by its context. The study uses the following example ââ¬â ââ¬Å"Intuition suggests that it is easier to steal a OIC pencil from a friend than to teal OIC out of this friendââ¬â¢s wallet to buy a pencil, because the former scenario offers more possibilities to categorize the action in terms that are compatible with friendship (he took a pencil from me once; this is what friends do). â⬠It also suggests that oneââ¬â¢s ability to categorize acts has a limit beyond which people can no longer deny their obvious wrongdoings. The study seeks to define said threshold. Attention to Standards: When people are mindful Of their own moral standards any dishonest action is more likely to be reflected in their self- concept (they will update their self-concept as a consequence of their actions), which in turn will cause them to adhere to a stricter definition of an honest and a dishonest act. However, when individuals are not mindful of their own moral standards their actions are not measured relative to them, and therefore their self-concept is less likely to be updated, and their behavior is likely to diverge from their standards. Thus, the attention to standards mechanism predicts that in cases in which ones moral standards are more accessible, people will have to confront the meaning of their actions more readily and therefore be more honest. SUMMARY PHI: Dishonesty will increase as individuals pay less attention to their own standards for honesty. PH: Dishonesty will increase when individuals face situations that are more easily categorized in honesty-compatible terms. PH: Given the opportunity to be dishonest, individuals will be dishonest up to a level that does not force them to update their self-concept. . Overview of Methodology Experiment 1: Moral Reminder Two hundred twenty-nine students participated in this experiment, which consisted of a two-task paradigm as part of a broader experimental session with multiple, unrelated paper-and-pencil tasks that appeared together in a toilet. 1 . In the first task, respondents were asked to either write down the names of 10 books they had read in high school (n o moral reminder) or the Ten Commandments (moral reminder). They had two minutes to complete this task. . In the second task each student received two sheets of paper: a test sheet and an answer sheet. The test sheet consisted of 20 matrices. Participants had four minutes in which to find two numbers per matrix that added up to 10. Experiment 2: Honor Code Two hundred seven students participated in this experiment. Two factors between participants were manipulated: the amount earned per correctly loved matrix (ICC and $2) and the attention to standards (control, recycle, recycle+honor code). 1. The control and recycle conditions were identical to those in the previous experiment, except this time, the experimenter paid each participant, and the task lasted five minutes. 2. The recycle+honor code condition was similar to the recycle condition except that respondents were asked to sign a statement appearing at the top of the test sheet that read: ââ¬Å"l understand that this short survey falls under Mittââ¬â¢s [Yaleââ¬â¢s] honor systemâ⬠; below the statement, participants printed and signed their names. Thus, the nor code statement appeared on the same sheet as the matrices, and this sheet was recycled before participants submitted their answer sheets. Experiment 3: Token Exchange Four hundred fifty students participated in this experiment. Participants had five minutes to complete this task and were promised SOC for each correctly solved matrix. Three be;en-subjects conditions were used: the control and recycle conditions that we used in Experiment 2, and a recycle+token condition. The latter condition was similar to the recycle condition, except that participants knew that each correctly solved matrix would earn them 1 ken, which they would exchange for ICC a few seconds later. When the five minutes ended, participants in the recycle+token condition recycled their test sheet and submitted only their answer sheet to an experimenter, who gave them the corresponding number of tokens. Participants then went to a second experimenter, who exchanged the tokens for money (this experimenter also paid the participants in the control and recycle conditions). Experiment 4: Four-Task Paradigm Forty-four students participated in this experiment, which consisted of a four- task paradigm-?a matrix task, a personality test, a prediction task, and a second matrix task. 1 . Matrix 1: The same control and recycle conditions Of the matrix task from Experiment 2 were repeated. Participants randomly assigned to either of these two conditions had five minutes to complete the task and received SOC per correctly solved matrix. The only difference from Experiment 2 was that all participants (notes those in the recycle condition) were asked to report how many matrices they had solved correctly. Participants in the control condition submitted both the test and the answer sheets to the experimenter, who verified their answers. Those in the recycle notation recycle their test and just handed in their answers. 2. Personality Test: 10-item tests were handed out, and embedded in these tests was two questions related to self-definition as it relates to honesty. One question asked how honest a person they considered themselves to be on a scale from O (not at all) to 100 (very). The other question asked participants how they thought of themselves at the time of the survey in contrast to the day before in terms of being a moral person on a scale from -5 (much worse) to 5 (much better). 3. Prediction Task: Participants would next participate in a second vive-minute matrix task. Before taking part in it their task was to predict how many matrices they would be able to solve and indicate how confident they were with their predictions on a scale from 0 (not at all) to 100 (very). Before making these predictions, it was made clear to participants that the next matrix task left no room to over-claim as the experimenter would check the results. Furthermore, participants were informed that this second test would consist of a different set of matrices, and the payment would depend on both the accuracy of their prediction and their performance. If their prediction was 00% accurate, they would earn ICC per correctly solved matrix, but for each matrix they solved more or less than what they predicted, their payment per matrix would be reduced by C. The experimenter emphasized that this payment scheme meant that it was in their best interests to be as accurate as possible in their predictions and to solve as many matrices as they could. 4. Matrix 2: The final task was the matrix task (as in the control condition) with a different set of numbers. The entire experiment thus represented a two- condition, between-subjects design, differing only in the first matrix task possibility to cheat). The three remaining tasks (a personality test, a prediction task, and a second matrix task) were the same for all participants. Experiment 5 One hundred eight students participated in this experiment. Two factors were manipulated between participants: the ability to cheat (control and recycle, as in Experiments 2 and 3) and beliefs about the number of matrices that the average student solves in the time allotted (four matrices, which is the accurate number, or eight matrices which was an exaggeration). As before, the DVD was the number of matrices reported solved. Experiment 6 This experiment entailed multiple, small sessions, in which each participant sat in a private booth (total of 326 participants). The first part of the procedure remained the same for all four conditions, but the second part varied. All participants received a test with 50 multiple-choice, general knowledge questions, had 15 minutes to answer the questions, and were promised OIC for each question they solve correctly. After the 15 minutes, participants received a ââ¬Å"bubble sheetââ¬â¢ onto which to transfer their answers. The manipulation of the four conditions pertained to the type of bubble sheet ND to what participants had to do with it after transferring their answers. 1 Control: Participants received a standard bubble sheet. When they finished transferring their answers, they handed both the test and the bubble sheet to the experimenter who checked their answers, summed the number of correct answers, and paid them. 2. No-recycle (first cheating condition): The bubble sheet had the correct answers pre-marked, which prompted a dilemma for participants when they faced a question they had answered incorrectly on their test sheet; they could be honest and mark the corresponding incorrect ricer on the bubble sheet or be dishonest and mark the correct circle. After participants finished transferring their answers, they summed up the number of their correct answers, wrote that number at the top of the bubble sheet, and handed both the test and the bubble sheet to the experimenter, who paid them according to their self-summed score. In this condition, subjects could cheat with some risk that the experimenter might discover it if she compared the test to the bubble sheet. 3. Recycle (second cheating condition): This condition was similar to the no-recycle condition, with the preference that participants were instructed, after transferring their answers to the pre-marked bubble sheet, to walk to a shredder, shred their original test sheet, and take only the bubble sheet to the experimenter, at which point they would be paid accordingly. Because of the shredding, this condition offered a lower probability of being caught cheating. 4. Recycle+ (third cheating condition): This condition decreased the probability of being caught even further by instructing participants to shred both their test sheet and the bubble sheet, walk over to a large jar with money at the corner of the room, ND take the amount they earned. In addition, by making the payment ââ¬Å"self; serviceâ⬠, the recycle+ condition eliminated any interactions with the experimenter, thereby decreasing social concerns with cheating. 4. Main Findings 1. Given the opportunity, people will engage in dishonest behaviors. 2. Increasing attention to internal honesty standards decreases the tendency for dishonesty. . Allowing more flexible categorization increases the tendency for dishonesty. 4. The magnitude of dishonesty is largely insensitive to either the expected external benefits or costs associated with dishonest acts. 5. People know that their actions are dishonest but do not update their self- concepts. 5. Application Economics: ââ¬Å"The theory w e propose can in principle be incorporated into economic models. Some formalization related to our theory appears in recent economic theories of utility minimization based on models of self-signaling (Abdomen and Propel 2001 ) and identity (Bnabob and Triple 2004, 2006). These recent approaches convey a slowly spreading conviction among economists that to study moral and social norms, altruism, reciprocity, or antisocial behavior, we must understand the underlying psychological titivation that vary endogenously with the environment. These models can be adopted to account for self-concept maintenance by incorporating categorization and attention: increasing attention to personal standards for honesty (meta-utility function and salience parameter s 1, respectively) and flexibility for categorization (interpretation function and probability 1-0, respectively). The data presented herein offer further guidance on the development of such models. In our minds, the interplay between these formal models and the empirical evidence we provide represents a fruitful and promising research direction. Psychology: ââ¬Å"Some insights regarding the functional from in which the external and internal rewards work together emerge from the data, and these findings also could provide useful paths for further investigations in both economics and psychology. For example, the results in Experiment 6 showed that increasing the level of external costs (probability of being caught) did not decrease the level of dishonesty. This finding raises the possibility of a relationship that appears like a step function in which dishonesty up to a certain level is trivial, but beyond that threshold, it takes on a more serious, ND costly, meaning. â⬠6. Limitations of Research 1 . Arguably, at some point at which the external rewards become very high, they should tempt the person sufficiently to prevail (because the reward is much larger than the internal costs), such that ultimately behavior would be largely influenced by external rewards. 2. Another important applied speculation involves the medium experiment. As society moves away from cash, and electronic exchanges become more prevalent, mediums are rapidly increasing in the economy. Again, if we take the results at face value, we should pay particular attention to dishonesty in hose new mediums (e. G. , backdating stocks), because they provide opportunities for under-the-radar dishonesty. Another interesting observation is that the medium experiment did not only allow people to cheat more, but it also increased the level of maximal cheating. In the medium experiment we observed 24 participants who cheated maximally, which indicated that the tokens not only allowed people to elevate their acceptable magnitude of dishonesty but also liberated some participants from the shackles of their morality altogether. ââ¬Å"When we consider the applied implications of these results, we must emphasize that our findings stem from experiments not with criminals but with students at elite universities, people who likely will play important roles in the advancement of this country and who seem a lot like us and others we know. The prevalence of dishonesty among these people and the finding that on an individual level, the magnitude of dishonesty was typically somewhat honest rather than completely dishonest suggests that we have tapped into what common, everyday behavior is about. As Gladstone and Chin (1993) conclude, people seem to be moral relativists in their everyday lives. How to cite The Dishonesty of Honest People, Papers
Thursday, December 5, 2019
The Community Based Support Programmes â⬠MyAssignmenthelp.com
Question: Discuss about the Community Based Support Programmes. Answer: The community based support programmes and practices are designed in such a way that it promotes the resources flow and provide the supports to the parents who help in strengthening the functioning and also enhancing the development and the growth of the children in their early age of life. Such community based programmes aim in providing such knowledge and skills which are helpful in conducting the rearing responsibilities of the growing children and providing the children with the opportunities and experiences which promotes the child development and learning. The significance characteristic of such community based programmes includes providing the families with the responsive and the flexible support; to treat the families with respect and dignity; sharing the information with the parents so as to make the informed decisions; and to provide the essential supports and resources to the parents for taking care of the children in their early age of life which produces the optimal child and the parent outcomes (Mason, 2011). The community based programmes and initiatives have the positive impact on both the parenting behaviours and emotional and social development of the children in the early stages of life. The significance feature of such programme is not what is offered, but the way how the supports are to be provided (Mason, 2011). The capacity-building practices in the community based programme form the base of the interactions among the families and the staff for ensuring the parent's capacities enhancement this in turn helps the parents with building confidence and competencies which is necessitated for interactions and promoting the emotional and social development of the children (Forde Devaney, 2006). The members of such community based programmes in the child care help the family members in acquiring the skills for obtaining, resources, services, and supports, such practices helps in the development of the young children which also includes the emotional and the social development ( Forde Devaney, 2006). The communities can conduct certain range of the target, universal and health promoting services such as the feeding of the infants, sleeping and also in providing the guidance to understand the health immunisation and assessment in the early yearly of the children. The given programmes aim to control the parenting behaviours which in a postitive way impact the outcomes of the child. Substantiation for the efficacy of the programmes has been increasing more than ten years, even though it remains mixed. The systematic reviews of certain home visiting programs in the Canada, USA, and UK, established that there are certain optimistic outcome in the surroundings, and also in the well being of the maternal and parenting skill (Forde Devaney, 2006). There are certain parenting competence and confidence which actively provides the practices which involves the practices which helps the parents in deciding what is important for them and children care and how to acquire the knowledge and information which is necessary to be acquired for the children growth in early years with having the great effect on the parents sense of confidence and competence (Mason, 2011). References Forde, S., Devaney, C. (2006). Postvention: A Community-based Family Support Initiative and Model of Responding to Tragic Events, Including Suicide.Child Care In Practice,12(1), 53-61. https://dx.doi.org/10.1080/13575270500526303 Mason, C. (2011). Social work the art of relationship: parents' perspectives on an intensive family support project.Child Family Social Work,17(3), 368-377. https://dx.doi.org/10.1111/j.1365-2206.2011.00791.x
Thursday, November 28, 2019
Macbeth Essays (721 words) - Characters In Macbeth,
Macbeth The story Macbeth took place in Scotland. Macbeth was a well respected warrior, also highly respected by Duncan the king. He later meets 3 witches and they give him 3 prophecies and both of them come true right away except for the one that he is to be king. So Macbeth makes this happen for him by killing Duncan in his sleep while he was staying at his castle for the night. Macbeth does a good job of hiding this from the others. No one would have ever suspected him. Macbeth is then crowned king Banquo starts to suspect him of Duncan's murder. But doesn't tell anyone. In return Macbeth was more of the contributor to his own downfall, rather than Lady Macbeth. Lady Macbeth contributed to Macbeth's downfall when she first convinces him to kill Duncan. She tells him If you do not do this for me u are not man enough and I will no longer love you. She basically cohersed him into doing it, he wasn't going to do it at first but she convinced him to. After he has killed duncan he is in total shock and comes back to her with the bloody daggers still in his hands and covered in blood himself. She tells him " a little water will wash us of this deed." In actuality water won't wash this deed away. In the end Lady Macbeth ends up going nuts over the whole killing Duncan incident and ends up dyeing. In the scene where it shows her gong crazy, she starts talking of the murder unknowingly. The doctor and her nurse are listening. This could have been harmful to Macbeth if they had said anything to anyone else about it. All of this contributed to Macbeth's downfall because she just forced him into doing something he wasn't to sure of. Lady Macbeth was a bi g factor in the downfall. Macbeth contributed to his own downfall because first of he went ahead and killed Duncan, even though Lady Macbeth told him to still he had a choice not to or to. He decided to chose the path of evil and destruction. After he found out he could get away with killing Duncan and not even being suspected, he thought he could get away with anything. So sooner or later Banquo is "friend" shows signs of suspicion, so while him and his son are on a horse ride, Macbeth hires 3 murderers to kill Fleance and Banquo. They succeed in only killing Banquo and Fleance escapes. Macbeth gets very upset by this. Later that night during his feast in his new castle, Banquo's ghost makes an appearance just for Macbeth only. He gets so scared he almost starts confessing to the murders of Duncan and Banquo, he lets to many suspicions arise in peoples minds. He also notices that Macduff is not present at the dinner and becomes very suspicious and finds out that he has flee to England to meet with one of Dun can's sons to get an army together to defeat Macbeth. So Macbeth's reaction to this is to kill of Macduffs hole family, and everyone in his home at the time servants everything. People then start to realize that Macbeth has become somewhat savage. He starts to show no remorse and emotions. Macbeth was the main factor to his downfall due to all of these factors. He just started to say hey I can do what I want and no one will ever know but in the end this just causes his downfall and ultimately his death. Over all it is felt that Macbeth has caused his own downfall not Lady Macbeth. Macbeth is his own person and makes his own decisions, no one else can decide things for you. So if u make a decision to commit murder and treason against your king u are bound to be killed when it is found out that you have committed it. Macbeth payees the ultimate price, with his life, for his stupidity. Lady Macbeth didn't really have much to do with his choices or views much after Duncan's murder. He was thinking evil on his own, and action upon impulse's. Macbeth was the only one responsible, there
Sunday, November 24, 2019
Monopolies and Monopoly Power (Definition)
Monopolies and Monopoly Power (Definition) The Economics Glossary defines monopoly as: If a certain firm is the only one that can produce a certain good, it has a monopoly in the market for that good. To understand what a monopoly is and how a monopoly operates, well have to delve deeper than this. What features do monopolies have, and how do they differ from those in oligopolies, markets with monopolistic competition and perfectly competitive markets? Features of a Monopoly When we discuss a monopoly, or oligopoly, etc. were discussing the market for a particular type of product, such as toasters or DVD players. In the textbook case of a monopoly, there is only one firm producing the good. In a real-world monopoly, such as the operating system monopoly, there is one firm that provides the overwhelming majority of sales (Microsoft), and a handful of small companies that have little or no impact on the dominant firm. Because there is only one firm (or essentially only one firm) in a monopoly, the monopolys firm demand curve is identical to the market demand curve, and the monopoly firm need not consider what its competitors are pricing at. Thus a monopolist will keep selling units so long as the extra amount he receives by selling an extra unit (the marginal revenue) is greater than the additional costs he faces in producing and selling an additional unit (the marginal cost). Thus the monopoly firm will always set their quantity at the level where marginal cost is equal to marginal revenue. Because of this lack of competition, monopoly firms will make an economic profit. This would normally cause other firms to enter the market. For this market to remain a monopolistic one, there must be some barrier to entry. A few common ones are: Legal Barriers to Entry - This is a situation where a law prevents other firms from entering the market to sell a product. In the United States, only the USPS can deliver first class mail, so this would be a legal barrier to entry. In many jurisdictions alcohol can only be sold by the government-run corporation, creating a legal barrier to entry in this market.Patents - Patents are a subclass of legal barriers to entry, but theyre important enough to be given their own section. A patent gives the inventor of a product a monopoly in producing and selling that product for a limited amount of time. Pfizer, inventors of the drug Viagra, have a patent on the drug, thus Pfizer is the only company that can produce and sell Viagra until the patent runs out. Patents are tools that governments use to promote innovation, as companies should be more willing to create new products if they know theyll have monopoly power over those products.Natural Barriers to Entry - In these type of monopolies, other firms cannot enter the market because either the startup costs are too high, or the cost structure of the market gives an advantage to the largest firm. Most public utilities would fall into this category. Economists generally refer to these monopolies as natural monopolies. Theres the need-to-know information on monopolies. Monopolies are unique relative to other market structures, as it only contains one firm, and thus a monopoly firm has far more power to set prices than firms in other market structures.
Thursday, November 21, 2019
Understanding advertising media Essay Example | Topics and Well Written Essays - 1000 words
Understanding advertising media - Essay Example A small conclusion follows at the end of the paper as a summary to the detailed discussion.Internet defines a small network provided that the 'i' is not capitalized. "The Internet" however, defines the Internet of internets and is the immense global network spread all over the globe. A formal definition can be summarized as "a global networks that links thousands of computers by data lines and wireless systems".According to the Wikipedia web site the predecessor of the Internet is called "ARPAnet" (Advanced Research Projects Agency Network), and was originally employed as one can easily conclude for military purposes by the U.S in 1969. The Internet catalyst today, the core of the Internet in other words, is the NFS (National Science Foundation).Even though the Internet provides a lot more services other than those known to the wider audience such as Telnet and FTP, the paper focuses to the advertising medium of the Internet, namely the WWW (WorldWide Web). The WWW is a hypermedia in formation system that links computer-based resources around the world. That is includes a lot more than the familiar to most of us microcomputers, namely servers and mainframes and other sharing resources or intangible resources liek database systems that reside in the electronic mediums we are familiar with. Such resources become available to us through the web browsers. Browsers enable words or icon to display text, video, graphics and sounds on computer screen. The most famous browser to most of us is more likely the Internet Explorer but others like Opera and Mozilla have been catching up in popularity. 90% of the users and using the Internet for email exchange and 77% and 69% for general information and surfing respectively. 46% only are using it for their work and 27% and 26% for stocks' quotes and job searching respectively. Trading and banking are low in the pyramid with 12% and 7% respectively. Apparently the Internet has not become integrated to every day activities yet and its potential remains unknown to the wider public possibly due to ignorance or fear due to inexperience with its working and safety mechanisms. The Internet facilities are mostly used by higher education level persons, at a younger age of 18,5 and high level income. Details of Internet users' activities can be viewed at the Stanford University Web Site at Advertising Format Advertising techniques employed are the banners displayed on web pages, the key words entered in search engines, sponsors for web sites and emails send to users, and viral marketing with the use of email addresses a person acquires through the recipient lines of an email. Other common techniques include mobile marketing and a variation like PPS, Kiosk and Podcasts. The most famous search engine is inarguably Google. With ongoing update on any moment, the Google web site enables chat with MSN, AOL, and Yahoo instant essaging system without any program or Java applet. Banner rates are set on 5 CPM. The second most popular search engine is Yahoo! with ongoing frequency at any moment that does not charge the customers, while more than 80% of users reach UK Online consumers through partners including: MSN, Yahoo, Lycos, AltaVista and others. There are of course of rates for this service. Another advertising technique has found applicability through the most popular chat client program. MSN Messenger
Wednesday, November 20, 2019
Management Research Paper Example | Topics and Well Written Essays - 3000 words
Management - Research Paper Example The main aim relating to TQM and also its success depended upon successfully implementing customer satisfaction, internal and external as well as removing the barriers that exists in between the departments. TQM implementation resulted in tremendous success in terms of growth and market share. Also, TQM leads to reduction of wastage. The product quality improvements also lead to reduction of competition as more customers are willing to take up the products. TQM has a lasting benefit for not only the organization but the entire hierarchy of people in the organization. TQM (Total Quality Management) is a process for continuous improvement. To tackle the ever changing global business environment mere implementation of TQM in a company is not enough. They have look for ways to continuously upgrade and expand the way TQM has been implemented. TQM implementation requires a collaborated effort from entire organization. The cost of quality in implementing TQM is certainly a small matter when compared to the benefits that can be derived from TQM implementation and expansion. At Gillette, the customer satisfaction and collaborated effort from entire organizational support is given priority. Therefore to expand on the present TQM process, some tools of quality improvement can be implemented. A cause and effect analysis could be implemented to understand the customer view point and the effect it can generate to the company, if it is implemented. To tackle market competition a brainstorming session has to be practiced to understand the strengths and weakness es of the competitors and devise the TQM accordingly. The employee and the customers are two main stakeholders of Gillette. So, to implement their viewpoint a focus group survey by interview and employee survey can be implemented. Value engineering method has to be used. This will help in improving the value of products and goods produced. Value engineering implementation can help the company to
Monday, November 18, 2019
Business Analysis of Wal-Mart Research Paper Example | Topics and Well Written Essays - 1000 words
Business Analysis of Wal-Mart - Research Paper Example Currently, Wal-Mart has about 4,573 stores worldwide along with 730,000 associates that are evident in the form of their presence in fourteen countries (Vatalyst, 2012). In Canada, Brazil, Argentina and United Kingdom, Wal-Mart has wholly owned operations while it has several joint ventures in China along with some majority owned subsidiaries. In many international stores, Wal-Mart operates under various banners with one aim that is to provide best quality products at low prices so that customers can save money and live a better life as well. The primary idea behind the establishment of Wal-Mart was to provide high quality branded products at low prices. In order to have low prices, the company ensures that the cost is kept to a minimum level with the help of excellence in warehousing as it has developed cordial relations with its suppliers and advancements in information technology have helped the store to ensure that inventory level is properly maintained (Piercy, Cravens & Lane, 2 010). Economic trends influencing business Wal-Mart has been severely impacted by economic recession and increase in costs of transportation and utilities. The second quarter forecast of corporation reported that the share prices are lower and profits also reduced considerably as compared to first quarter profits (Cheng, 2012). Lately, shares of Wal-Mart went down to $56.74 which meant it reduced by 2.2%. Other costs that have impacted Wal-Martââ¬â¢s sales are increase in commodities and fuel cost; as a result product placement and transportation became one of the major areas of concern for the store. The number of economic worries for consumers has increased significantly i.e. from gasoline prices that have reached highest prices to housing and credit markets that have declined radically. Such economic downturns have affected the spending power of budget conscious consumers who prefer to shop from Wal-Mart rather than do bargaining for their shopping. Since economic recession ha s impacted lives of USA consumersââ¬â¢, they are now shifting to Wal-Mart for shopping at low prices (Cheng, 2009). In order to cut down its cost, Wal-Mart has controlled its promotional activities as it needs to maintain certain profit level so that it can survive in such financial distressful situations. Wal-Mart still uses its tagline ââ¬Å"Save Money. Live Betterâ⬠and in order to reinforce this image it has expanded into generic drug prescription program. Currently, store is offering 90 days supplies of about 350 medications for $10 and also $4 over-the-counter drugs so it can expand its sales of pharmaceutical products and even bolster its store traffic. Strategies and Tactics used by Wal-Mart for addressing the changes Since Wal-Mart wants to reach more customers and observing that industries are getting global, Wal-Mart launched its website in 2010. It consolidated all its E-commerce activities worldwide into one Global E-commerce Division (Parker, 2012). The primar y objectives of this Division comprise of developing and executing a global strategy for E-commerce; provide acceleration for global growth of online channel and creation of technological platforms and applications for every market of Wal-Mart. In order to address the global changes that are taking place, Wal-Mart has revised its business strategies to incorporate these alterations in the market and ensure that they are aligned with organizationââ¬â¢s main goal of providing superior quality products at low prices.
Friday, November 15, 2019
Main Components Of Marketing Management Marketing Essay
Main Components Of Marketing Management Marketing Essay The industrial world has come a long was from the early days of industrial revolution. As the industrial world has grown tremendously, it has become more complicated and a subject of academic study. Business concepts have evolved and new findings and ideas have been recorded continuously. Different organizations have different business strategies and plans. Marketing management has become an essential part of a business strategy. Marketing management is the proper use of marketing techniques, resources and activities by a company or organization to promote its products (Kotler et al, 2006). This report aims at explaining the main components of strategic marketing management. For better understanding the report then concentrates on the newspaper industry in particular. It explains how internet has become a key challenge for the newspaper industry. Also the author demonstrates the ability to apply marketing theory by doing a SWOT analysis of the newspaper industry. Main Components of Marketing Management Marketing is one of the main aspects of business management. It is also one of the most powerful in that it has the potential to significantly impact the entire business management process that few of the other aspects of business management can match. Marketing and its management is almost as diverse a field as business management itself. The main components of marketing consist of analysis, planning, implementation and control (Czinkota Ronkainen, 2007). These are the components no matter what the kind of industry or service the target of marketing might be. Situational/Strategic Analysis Strategic analysis is mainly about analyzing the strengths of organization and the external factors that can influence the business position. It is necessary to understand the current environment before defining specific marketing activities (Lamb et al, 2008). It involves in assessing what a particular organizations position is with respect to its customers, how the business is functioning within and its competition outside. Various qualitative and quantitative methods of data collection are used for marketing research to be carried out. Sources of data will consist of primary and secondary, with the secondary ones being those that are already available i.e. reports, journals, articles, etc and the primary sources being surveys, questionnaires to the target audience, etc that will reveal product specific or service specific information at the desired time period. Analysis is also required of the external conditions to take account of the changes in technology, changes in governmenta l policies that could impact the industry, etc. Customer analysis is equally important which includes customer buying trends, continual assessment of the target customers to increase the base of potential customers. Various tools that can be used to carry out the analysis are: PEST analysis, scenario planning, SWOT analysis, market segmentation, etc. Strategy Planning The situation following in depth analysis and data gathering leads to one that requires intense planning and simulation. Due to knowledge of the opportunities and risks gathered from the analysis stage the company must now plan its actions based on its objectives that will involve long term strategic decisions, tactical decisions that affect mid term goals and operational decisions that affect daily operations of a company (Czinkota Ronkainen, 2007). By rigorous cost and profit estimates on various models of action, the company will be best able to judge which model to choose. The model chosen might require that necessary changes be made in the existing organizational structure or a complete revamp in some cases to help achieve the goals and objectives set. It is also imperative that at this point in time, the company comes out with alternative plans in order to meet its goals and objectives in case the primary plan does not work out. Strategy Implementation and Control These are probably the most important phases in the marketing plan since no matter how much effort is put into the analysis and planning phases, the implementation needs to be carried out according to plan with appropriate control. The implementation should be carefully carried out since often times it is found that plans are hardly adhered to. The implementation and control must also allow for adequate flexibility for tackling with unexpected and undesired situations. Strategy implementation directly affects everybody associated in an organization (David, 2006). By frequent monitoring and control of the implemented plans, the company can gauge the effectiveness of a particular plan or change it accordingly based on the effects it is having. Marketing Management and other Aspects of Business Management As mentioned above marketing is an important part of the overall business management and plays an important role in the organizations success. An organizations success depends on how it can satisfy its customers through its products and services. This is where marketing plays an important role. It is the marketing plan of an organization that decides how an organization goes by in making its products and services available to its customers. Also marketing plan is what decides in which market the organization is going to compete and what are the steps to be taken to meet and satisfy the customers needs. Hence, the success of all other aspects of business management is directly or indirectly dependent on the success of the marketing strategy. For example staffing and production or a part of the business management. So these factors are directly dependent how an organizations products and services fares in the market. As mentioned marketing strategy plays an important role in the market success of a product or a service. Hence, all the other aspects of business management are closely related and dependent on the marketing strategy. Key Challenges Affecting Marketing Strategy of the Newspaper Industry Newspaper industry has been one of oldest and dynamic industry that has enjoyed great success for a very long time. Newspaper industry has played a dominant role in public communication in the past century. It has seen tremendous growth and financial success in the second half of the 20th century. Even though the main purpose of the newspaper industry is to make news available to public, its main source of income has been advertising, especially, retail and classified advertising (Picard, 2008). 75 to 85 percent of income of an average newspaper in the Unites States and European countries is accounted by advertising. Newspaper advertising has witnessed a strong and consistent growth in the 20th century and also a relationship was observed between advertising spending and GDP (Gross Domestic Product). All this was possible as there was literally very little competition in the advertising sector (Picard, 2008). The impeccable success of the newspaper industry is now on a decline. The debate over the end of the newspaper industry has been doing rounds since the last decade of the 20th century and early 21st century. But now there have been observable effects of this decline around the world. In the US alone, The Rocky Mountain News and the Ann Arbor have completely shut down wherein Seattle Post Intelligencer has stopped printing and has completely adopted web only model. The Detroit Free Press and The Detroit News have cut down their publishing to 3 days a week (Barbara, 2009). In the UK, all national newspapers have recorded a year on year fall. Pearsons financial daily and Independent News Medias the Independent have both recorded a 3.17% and 14.02% year on year drop respectively (Busfield, 2009). There also has been a drop in the number of people employed by the newspaper industry. The number of people employed by the newspaper industry has gone down by 18% over a 14 year period from 19 90 to 2004 (Barbara, 2009). As per Pew Project findings, 14,000 reporting jobs have been lost during 2001 to 2009 (Entman, 2010). All this is a strong indicator of the demise of the newspaper industry. One of the key challenges or reasons for the decline of the news paper industry has been the internet. The situation is best summed up by Will Manley (2008), when he states Thanks to the Internet, the entire newspaper industry is fighting for its life. The internet has hit the core of the industry. It has diverted both the advertisers and the readers away from the newspaper industry. The development of internet and its advertising abilities are now substituting the traditional newspaper classified advertising (Picard, 2008). Internet advertising model has taken away a major chunk of the newspapers primary source of income which is the classified and display advertising and also it has led to a decrease in the readership as well (Gardner, 2009). The newspaper share in the total advertising expenditure has decreased by one third. Clearly the newspaper industry is losing its dominance over the advertising world. First, lets consider the effect of the internet on the readership. Internet has achieved great penetrability today on a global stage and has connected the world like no other communication means in the past. The internet, growing mobility and dropping costs have lead the access of global multimedia networks which link individuals, groups and news organizations (Entman, 2010). This has given the readers access to world news at absolutely no cost. It gives them an opportunity to refine the news topics as per their individual interests and also to search news articles from previous issues if required. These advantages have started diverting readers from the traditional print newspapers to digital news websites on the internet. There is a drastic increase in the number of prole going online or using wireless devices to get news and information (Gardner, 2009). According to research news sites and digital newspapers are among the most widely demanded and visited web sites among the Intern et community worldwide (Flavian Gurrea, 2008). News portals like Google News and Yahoo! News have contributed immensely to this drastic diversion in readership. They dont just offer aggregated news content but also are available 24/7 to anyone who has access to internet from anywhere in the world (Barbara, 2009). Internet news portals and websites have an added advantage. They allow an interaction between the readers and also with the journalist who reports and edits the stories which is not possible in the traditional news papers (Entman, 2010). This is in sync with the trend that a great number of investigative stories about the government wrong doing have appeared on various news and opinion bloggers than in the newspapers (Manley, 2008). This indicates the trend that readers are looking for online resources for news and information. Internet is now being accessed by mobile phones and wireless devices which are not helping the newspaper industrys cause. All these reasons combine d, have lead to a decrease in the readership of newspapers. Lets now consider the threat posed by internet on the newspaper advertising which is the financial back bone of the newspaper industry. Internet has come out with a dynamic advertising model which has proved to be more effective for classified advertising than in the newspapers. This has made a damaging impact on the newspaper industry as classified advertising has been the primary category of advertising sales and growth (Picard, 2008). The decline in readership and the advantages that internet advertising offers has made advertisers reconsider their overall advertising spending patterns. Concerns over the effectiveness of advertising took more momentum due to the economic downturn and recessions. This made advertisers explore new media for advertising and internet was a great substitute (Picard, 2008). Internet had great advertising models which attracted traffic and also advertisers could target their customers which were not possible through newspapers. Models like Google AdSense are a great example of this business model where people were paid for displaying ads on their personal websites and for increasing the traffic. Also there are agencies that pay people for viewing ads which means the advertisements have maximum reach. Huge revenues generated by Google, Yahoo, MSN are an indicator where the advertisers are channeling their dollars (Barbara, 2009). The newspaper industry is no more interesting to the advertisers as it was a couple of decades ago. Newspaper publishers seem to have taken the hardest hit from the technological and economic challenges of publishing (Barbara, 2009). The decline in readership and newspaper advertising has made the newspaper industry less financially interesting for investors as they are looking for profits and assets growth (Picard, 2008). Strategic Analysis of the Newspaper Industry As mentioned above, strategic analysis is the main and foremost component of marketing management. A strategic analysis must analyze all the factors that influence the marketing strategy of an organization. Below is the SWOT analysis of the newspaper industry. SWOT Analysis SWOT (Strength, Weakness. Opportunities, Threats) analysis helps an organization to determine where it is doing well and where it needs improvement. SWOT analysis must be made relative to the market needs and competition (Ferrell Hartline, 2007). Following is the SWOT analysis of the newspaper industry: Strengths: The strength of the newspaper industry is that it targets a wide range of customers across the globe. Newspaper industry has penetration remote parts of the globe where there are no other sources of world news. This is great strength as this gives the newspaper industry a large customer base. Weakness: The cutting of trees for paper has become a global issue under the global warming context. The dependence of newspaper industry on paper has become its biggest weakness as there is huge support from world wide for e-books and papers. The newspaper industry must come up with an alternative to paper. Opportunities: There is a huge opportunity for the newspaper industry to venture into other markets and use advanced technologies to reach the customers or readers. Newspaper industry can join hands with electronic media to come up new business strategies and plans. But this is an opportunity which has to be used. Threats: As mentioned above electronic media is an opportunity if used but right now it is a threat to the newspaper industry especially in developed countries. Electronic media have gained popularity in the last couple of decades and have become a serious threat to the newspaper industry. Conclusion Strategic marketing management is very important for the success of any organization. The marketers must understand the importance of this and use the various tools and ideas at their disposal to come up with ideas and strategies that will help the organization to beat the competition and succeed. Being innovative in formulating strategies is the need of the hour for every organization in order to survive in todays highly competitive industrial world. In particular, newspaper industry has to adopt new ways and methods to overcome the challenges posed by the technological advancements, particularly ineternet. The importance of marketing management can not be stressed any further and its high time that the organizations world wide realizes and implements marketing management in their business model.
Wednesday, November 13, 2019
Cultural Evolution vs. Technological Innovation Essay examples -- Expl
Cultural Evolution vs. Technological Innovation Historically, in the relationship between human culture and technology, cultural evolution has lagged behind the pace of technological innovation. Technology is the human solution to fulfilling human needs. As these needs change, new technologies will supplement the old ones; inevitably changing the culture which created it, resulting in a co-evolution of technology and culture; and impacting the future of their culture. The disparate rate of cultural vs. technological evolution has consequences which cloud the prospect of the future of the human race unless we change the historical blueprint and try to thwart our disposition towards ignoring the responsibility we have today for the world we will live in tomorrow. Cultural evolution is the nature of human interaction, their relationship with the environment and the immediate and long term trajectory of these interactions as influenced by inherited knowledge, lifestyle and customs is how a culture adapts itself to the progress within and around it. Morgan "saw the history of human cultures as a progression from savagery, through barbarism to civilization" (Chant 54). This progression was inevitably caused by technology. Technological innovation is increasing human mastery over resources and sources of energy. Technology has developed because of humans' "fear of death that our consciousness keeps lurking in the background". Technology historically has given solutions to the problems of survival by creating more efficient ways to get food and energy. However, after humans establish themselves at the top of the food chain, although the threshold between survival and comfort is unclear; human focus shifts from brute survival... ...chnologies than to change the cultures. The earth has reached the threshold, of human life that can be supported; in order to survive, humans need to take a two fold approach- the industrialized world needs to put into practice green energies; and all human cultures need to anticipate the macroevolutionary consequences of the daily culture and lifestyle. Choices need to be made, keeping sustainability in mind. History has shown that human law, religion, government and policy greatly influence cultural macroevolution. Sources Chant, Colin. Pre-industrial Cities & Technology. London: Routledge. 1999. Cipolla, C. M. Epilog from ââ¬Å"Guns, Sails, and Empires: Technological Innovation and the Early Phases of European Expansion, 1400-1700.â⬠Sunflower Univ. Press, 1996. Ehrlich, Paul R., in Human Natures: Genes Cultures, and the Human Prospect, Island Press, 2000.
Subscribe to:
Posts (Atom)