Role Played By Speculators and Hedgers in the Derivatives Market Assignment

Role Played By Speculators and Hedgers in the Derivatives Market - Assignment Example According to the research findings, the big disadvantages of speculation are that it increases volatility in the market and excessive speculation creates bubbles and artificial price rises. The regulatory activity is designed to check excessive speculation. Arbitrageurs are a third important group of participants in the derivatives market. Arbitrage involves locking in a riskless profit by simultaneously entering into transactions in two or more markets. As a sophisticated speculator, the researcher will take positions. He strongly believes that the FTSE 100 index will rise to 2800 in December. The futures contract with the exercise price of 2700 is currently available. The author has GBP 10 million available. He will take a long position in this futures contract with the exercise price of 2700. One futures contract is for 100 times the size of the index. If the mark-to-market settlement is ignored, the author can also invest GBP 10 million at a risk-free interest rate. The negative pay-off means that the speculative strategy will lead to a loss of GBP 2,294,000. The fund manager will not exercise the put options because the exercise of put options will lead to a negative payoff.The value of the original portfolio will remain unchanged because the FTSE 100 index is at its original level of 2600 and Beta of the portfolio is 1.

Spoken Tactics Essay Example | Topics and Well Written Essays - 500 words

Spoken Tactics - Essay Example As part of the jubilee celebrations, bank would launch a variety of deposit schemes. Given below is the speech that the manager of the organization would deliver on the occasion. The audience consists of bank employees/staff, investors, customers, guests and general public. â€Å"Ladies and Gentlemen, this is the very occasion we have been waiting for since the beginning of the last financial year. We thank you all for making this event highly valuable by your active presence. I would like to inform you the glad news that beyond our highest expectations, our bank has accumulated its greatest turnover even in this worst global economic environment. Dear friends; this achievement is yours who gave continual support and laid strong faith in the function and service of the organization. The bank is highly thankful to you for supporting us with your investments and deposits. Moreover, all your suggestions, complaints and feedbacks were of immense help to us for designing new strategies and forecasts. Of course, we had certain targets for this silver jubilee year. Lot of time and manpower has been spent to manage this accomplishment. I take this opportunity to thank all our customers who introduced new clients to us. Your cooperation and patience have to be appreciated in this context. I am here with a number of new offers to express our gratitude. All our beneficiaries will be privileged from this historic achievement in this jubilee year. Obviously, the relentless efforts and commitment of our whole staff and employees also have to be remembered here. In fact this success is the result of a two year project that commenced with a market survey. Our public relation faculty and other individuals who headed this task deserve a special appreciation. It was their sincere efforts that brought the real market situation to light. I remember the active involvement of all other employees in the accomplishment of the proposed target. They have paid extra time and

Cultural Traits Of Lysistrata Analysis Religion Essay

Cultural Traits Of Lysistrata Analysis Religion Essay It is interesting to see how much culture varies from one civilization to another across the world and throughout history, but amazingly enough they all have many similarities. By reading these ancient poems and stories, I can relate too many of their cultural traits. I find the Greek culture to be the most interesting, and through the literature such as Aristophanes Lysistrata, I can see many cultural similarities. From the story Lysistrata, the women of Greece join together to voice their opinion that they should be treated as equals. The Peloponnesian War is taking place during the story and all the women are left at home alone because their husbands are off fighting in the war. The women are tired of their husbands being gone and want the war to end before all of Greece is destroyed. Led by Lysistrata, the women of Greece join together and take over the Akropolis and devise a plan to end the war by withholding sex from the men. From this culture we see that women are presumed to be kind of a slave for the men. Their duties should be the care of the house and the children. Cooking, cleaning, sewing and pleasing the husband were their jobs. Even in our culture today these things are considered to be the womans responsibilities. Their opinions did not matter to the men and were better left unsaid, the same as our culture in earlier years. Even today the opinion of a woman does not matter to som e men. They are believed to be not as intelligent as the man and should only concern themselves with house hold chores, caring for the children, and pleasing the husband. The men of this culture were dominant over the women and fought the wars, took care of the finances and headed the government. All of the decisions for Greece and the people of Greece were made by the men. Through Lysistrata, we can clearly see that the woman of Greece are tired of being treated as thought they were inferior, a common problem that we have had throughout our culture and history and probably always will. They believed they should have some influence in the government as well as the household, and that their opinion should be taken into consideration. In order for the women to be taken seriously, they withheld sex from the men and locked themselves in the Akropolis, vowing not to return home until the war had ended and their opinions be heard equally alongside the men. This fight for womens rights has been seen throughout our cultural history as well and seems, in a way, to still be going on today. The Greek culture and most of our culture has been dominated by the man. Our country was founded and ran by the men, with the women having many of the same responsibilities as the Greek women did in the story of Lysistrata. The Greek men did not believe the women had the right to have a say in the government or with matters of war, the same as the men throughout our cultural history. The same battle that is being fought by the women in Lysistrata for their rights has been fought by the women of our culture. The Greek men finally learned a lesson. They gave into the women and listened to what they had to say and ended the war, vowing that the women would have a say in things. This is similar to our culture in that, since the fight for womens rights has begun, they are now allowed to be government officials, hold jobs outside of the home, and even fight in wars. Another cultural trait of the Greek people was the worship of many Gods. Many of the ancient cultures back then believed in and worshiped more than one God. The people built their lives around these Gods. They lived in fear of these Gods and obeyed all of what they were told. They would have dreams and visions of these Gods or events of the future and believed they would come true since the Gods put it before their eyes. All that they did revolved around the worship of these Gods, even in their battles, they fought the way they believed the Gods wanted. They fought for the Gods with all they had never to do them unjust or have them disgraced. Unlike today where many people in our culture do not even worship a God or either show little in their respect or love for him. Our culture differs from the ancient Greeks, in that we are a monotheistic culture. We only believe in one God where as the Greeks had a dozen or more Gods. While the Greek culture revolved around the Gods, our religiou s culture, it seems, is slowly dying. You can see the importance of these Gods to the Greek culture by the many different statues and monuments they built to honor them. They made separate statues and monuments to worship each one of these Gods. You can also see the importance of the Gods through their literature. Almost every story or poem that I have read from the ancient Greeks has references to the gods and many are written about the Gods. We do not see this in our culture today since most of our literature contains nothing about our God. Our culture as a whole probably shows less respect or loyalty for our God than the Greeks did even for the least important God they had. Though many years apart, it is interesting to see how the cultural traits vary from one culture to the next throughout history. It is clearly seen, by reading the ancient poems and stories of the Greeks, how our culture and theirs compare and contrast. Although there are many different beliefs between our present culture and the ones of the past, many of their traits seem to have been carried over and are still present in our culture today.

Measure for Measure Essay: The Pontification of Isabella

The Pontification of Isabella in Measure for Measure   Ã‚  Ã‚  Ã‚   Within Measure for Measure the character of Isabella is characterized as an innocent pure female, and there is a focus on her ever-present moral dilemma. By using Elizabethan perspectives on women, nuns, and chastity, Shakespeare uses Isabella to reveal character traits and morality of those around her.   However in opposition Isabella made be seen as an individual who pontificates too much when her brother’s life is at stake, it is perhaps easier for Isabella to suffer the condemnation of a modern audience. Isabella is immediately established as a rare female character when her brother describes her with the statement, "she has prosperous art When she will play with reason and discourse   And well she can persuade"(Shakespeare 1.2.161-163). It is worth noting her that women in Shakespeare's time were very recognized for neither their reasoning nor their speaking capabilities. In fact, women were not expected to voice their opinions; women who chose to do so were deemed a threat to social order. It is, therefore, questionable whether Shakespeare's audience would have approved of Isabella's skills at rhetoric. Although agreeing with her stance concerning Claudio (they, too, prob... ...The Wheel of Fire: Essays in Interpretation of Shakespeare's Sombre Tragedies. London: Oxford UP, 1930. Leech, Clifford. "The 'Meaning' of Measure for Measure." Shakespeare Survey 3 (1950): 69-71. New American Standard Bible. Reference ed. Chicago: Moody Press, 1975. Pope, Elizabeth Marie. "The Renaissance Background of Measure for Measure." Shakespeare Survey 2 (1949): 66-82. Rossiter, A. P. Angel with Horns and Other Shakespeare Lectures. Ed. Graham Storey. London: Longmans, Green, 1961. Shakespeare, William. William Shakespeare: The Complete Works. Ed. Alfred Harbage. 1969. Baltimore: Penguin, 1971.   

Explication of “The Storm” by Kate Chopin

English 2 The Storm Response Journal Kate Chopin’s â€Å"the Storm†, is a dark story about a quick love affair between former friends while caught up in a storm, while their significant others were stranded elsewhere. The story explores Calixta's dueling relationship with her husband and her lover, Alcee. Chopin uses the storm as a metaphor to portray Calixta's sexual feelings and struggles in regards to her affair. The ongoing mention of the color white symbolizes Calixta’s internal struggle with her affair with Alcee.The white bed, couch, blouse, and skin and breasts of Calixta all have this seeming innocence about them; but then her passion is described as a white flame, which contradicts the previously established notion that white is pure. Her passion is clearly not innocent, therefore taking the color white and mixing it with the opposing image of fire. The affair between Calixta and Alcee truly begins after lightening destroys the chinaberry tree outside h er house.Chinaberries were, at this time, used as the beads on rosaries, so the destruction of the tree symbolizes the complete transition from her pure Catholic upbringing to her present state of adultery. As the storm clears, so does their conscience and they both happily continue on with their lives, with their own respective families. During the storm, Calixta’s husband, Bobinot, and son were stranded in a local store, where Bobinot bought Calixta a shrimp snack, which is one of her favorites.This hints at the concrete relationship between Calixta and Bobinot, as opposed to the fleeting moment between Calixta and Alcee. This can also show Bobinots commitment to the marriage, as opposed to Calixta’s ephemeral affair with Alcee. Alcee write a letter to his wife telling her she does not need to come home from where she is, and to take her time, while Bobinot is always thinking of his wife, evident by the purchase of her favorite snack. Chopin ends the story with the l ine â€Å"So the storm passed and everyone was happy†, which is a trite way to send such a serious and passionate story.

Importance of EPF Essay

In general, the EPF Board may authorize the withdrawal of the sum of money standing to the credit of a member, if it is satisfied that, The member has died, Has attained the age of 55 yrs, Member is physically or mentally incapacitated from engaging in employment or The member not being a Malaysian citizen is about to leave Malaysia with no intention of returning. In partial withdrawal, Ss. 54; EPF Board also may also authorize application to withdraw partial amount standing to the credit of the member; attained the age of 50 yrs, Has purchased or built a house, Has purchased or built a house and has taken a loan made on the security of a charge on the house for its purchase or construction or Requires medical financing. In Account I, it consists of 60% of all contributions for the purpose of retirement at the age of 55 yrs while in account 2; it consists of 40% of all contributions for housing withdrawal or withdrawal at the age of 50 yrs. Under Current Scheme of Withdrawal, Pre retirement consists Housing withdrawal scheme, Withdrawal upon reaching 50 yrs old and Medical withdrawal. Upon Retirement consists lump sum withdrawal, periodic withdrawal and withdraw a portion of the savings in a lump sum and the balance periodically. In withdrawal to purchase a house, this withdrawal allows you to withdraw your Account 2 savings to finance the purchase of a house. Withdrawal to purchase a second house is allowed after the first house is sold or disposal of ownership of property has taken place. Disposal of ownership refers to ‘loss of ownership of the first house owned through previous EPF withdrawal’ either due to auction, surrender of property by court order, transfer of ownership because of love and affection, destruction of house due to natural disaster, abandoned housing project or cancellation of purchase. The application eligibility is either a Malaysian Citizen; OR a Malaysian Citizen who has made Leaving the Country Withdrawal before 1 August 1995 and has opted to re-contribute to the EPF; OR a Non-Malaysian Citizen who: has become an EPF member before 1 August 1998; OR has obtained a Permanent Resident status (PR). The applicant have not reached 55 years of age at the time the EPF receives your application; AND have at least RM500.00 of savings in Account 2. The applicant are eligible to apply if buy or build a residential house (type: bungalow / terrace / semi-detached / apartment / condominium / studio apartment / service apartment / townhouse / SOHO) or a shop lot with residential unit. The purchase is financed through: Housing loan from any of the institutions as follows: Financial Institutions licensed under the Banking and Financial Institutions Act 1989 (BAFIA) Central / State government or any other government financial agencies Member’s employers Cooperatives / Cooperative Companies with license (approved by Malaysian Cooperative Commission, Ministry of Entrepreneur and Co-operative Development) Licensed insurance companies approved by the Central Bank of Malaysia Loan providers allowed by the EPF OR (ii) Cash purchase. You have signed the Sale and Purchase agreement of not more than three (3) years at the time your application is received by EPF. You have never made a Housing Withdrawal; OR you have made a withdrawal to purchase your first house and have sold the house or disposal of ownership has taken place and subsequently buy a second house. Proof of sale / disposal of ownership of the first house must be submitted. You intend to buy a house which has been acquired from a rental with a view of purchase agreement from a party authorised by EPF. You have bought a land and built a house on the same land simultaneously (dates of the agreement to purchase the land and the agreement to construct the house must be within 6 months). You are not eligible to apply if you: Buy a land or a house lot only, Renovate, repair or do additional work to the existing house, Ownership of property is not via sale and purchase transaction, Have taken an overdraft loan, Buy a third house or Buy a house abroad You can withdraw your savings as follows: HOUSE PURCHASE OWNED BY INDIVIDUAL JOINT PURCHASE WITH SPOUSE OR IMMEDIATE FAMILY MEMBER OR OTHER INDIVIDUAL The difference between the house price with the loan amount and an additional 10% of the house price OR All your savings in Account 2. (Whichever is lower but not less than RM500.00) The difference between the house price with the loan amount and an additional 10% of the house price OR All the savings in each purchaser’s Account 2 subject to the maximum amount eligible for withdrawal. (Whichever is lower but not less than RM500.00) 100% HOUSING LOAN PURCHASE WITHOUT LOAN / CASH PURCHASE 10% of the house price OR All your savings in Account 2. (Whichever is lower but not less than RM500.00) House price with an additional 10% of the house price OR All your savings in Account 2. (Whichever is lower but not less than RM500.00) You may choose to decide on the amount to withdraw from your Account 2, subject to the maximum amount eligible by filling in the desired amount in the Housing Withdrawal Form (KWSP 9C) (AHL). You may have made a housing withdrawal previously but have cancelled the purchase of the house. In this situation, the withdrawal amount need not be returned. The current eligible amount will be deducted from the amount previously withdrawn subject to the eligible balance (if any). Failure to Return the Unused Amount for Withdrawal Purpose If the applicant does not use the withdrawal payment for the purpose of the withdrawal is made, the applicant is considered as has committed an offence and shall, on conviction, be liable to imprisonment for a term not exceeding six months or to a fine not exceeding RM2,000.00 or to both [Section 58A,  EPF Act 1991 (Amendment) 2007]. Incorrect or False Declaration or Furnishing False Documents If the applicant provides incorrect or false declaration or furnishes false documents, the applicant is considered as has committed an offence and shall, on conviction, be liable to imprisonment for a term not exceeding three years or to a fine not exceeding RM10,000.00 or to both [Section 59, EPF Act 1991 (Amendment) 2007]. Payment in Malaysia All withdrawal payments will be credited directly into your account subject to the following: a. You have an account with a panel bank appointed by EPF; AND b. Your account is still active; AND c. Your bank account is a Savings / Current Account (personal) OR Joint Account for withdrawal amount of more than RM100,000.00. d. Your identification number matches with the bank’s record. e. Payment is made in Ringgit Malaysia (RM). However, if the payment cannot be credited into member’s bank account due to causes such as bank account is not active or your identification number does not match with the bank’s record, payment will be made via banker’s cheque. (ii) Remittance of Payment to Foreign Countries   Payment is made via Foreign Bank Draft. Types of currencies are as follows: Foreign currency as per member’s choice stated in the application form subject to the currency is available in EPF’s list for the purpose of payment via Foreign Bank Draft; OR In US Dollar if the currency stated by the member in the withdrawal form is not available in EPF’s list for the purpose of payment via Foreign Bank Draft Note: EPF will make a verification with the member again if the type of currency chosen in the application form is not available in the allowed list or before changing the type of currency to US Dollar.

The Chronicles of Narnia and Atuhor C.S. Lewis FAQs

The Chronicles of Narnia and Atuhor C.S. Lewis FAQs What are The Chronicles of Narnia? The Chronicles of Narnia consist of a series of seven fantasy novels for children by C.S. Lewis, including The Lion, the Witch and the Wardrobe. The books, listed below in the order in which the C.S. Lewis wanted them to be read, are – Book 1 - The Magician’s Nephew (1955)Book 2 - The Lion, the Witch and the Wardrobe (1950)Book 3 - The Horse and His Boy (1954)Book 4 - Prince Caspian (1951)Book 5 - The Voyage of the Dawn Treader (1952)Book 6 - The Silver Chair (1953)Book 7 - The Last Battle (1956). These childrens books are not only very popular with 8-12 year olds, but teens and adults also enjoy them. Why has there been confusion about the order of the books? When C.S. Lewis wrote the first book (The Lion, the Witch and the Wardrobe) in what would become The Chronicles of Narnia, he wasn’t planning on writing a series. As you will note from the copyrights in parentheses in the book list above, the books were not written in chronological order, so there was some confusion as to the order in which they should be read. The publisher, HarperCollins, is presenting the books in the order that C.S. Lewis requested. What is the theme of The Chronicles of Narnia? The Chronicles of Narnia deals with the struggle between good and evil. Much has been made of the Chronicles as a Christian allegory, with the lion sharing many of the characteristics of Christ. After all, when he wrote the books, C.S. Lewis was a well-known scholar and Christian writer. However, Lewis made it clear that was not how he approached writing the Chronicles. Did C.S. Lewis write The Chronicles of Narnia as a Christian allegory? In his essay, Sometimes Fairy Stories May Say Best Whats to be Said (Of Other Worlds: Essays and Stories), Lewis stated, Some people seem to think that I began by asking myself how I could say something about Christianity to children; then fixed on the fairy tale as an instrument; then collected information about child-psychology and decided what age group Id write for; then drew up a list of basic Christian truths and hammered out allegories to embody them. This is all pure moonshine. How did C.S. Lewis approach writing The Chronicles of Narnia? In the same essay, Lewis stated, Everything began with images; a faun carrying an umbrella, a queen on a sledge, a magnificent lion. At first there wasnt anything Christian about them; that element pushed itself in of its own accord. Given Lewis’s strong Christian faith, that is not surprising. In fact, once the story was established, Lewis said he ...saw how stories of this kind could steal past a certain inhibition which had paralysed much of my own religion in childhood. How much of the Christian references do children pick up on? That depends on the child. As New York Times journalist A.O. Scott stated in his review of the movie version of The Lion, the Witch and the Wardrobe, â€Å"To the millions since the 1950s for whom the books have been a source of childhood enchantment, Lewiss religious intentions have either been obvious, invisible or beside the point.† The children I have talked to simply see the Chronicles as a good story, although when parallels to the Bible and life of Christ are pointed out, older children are interested in discussing them. Why is The Lion, the Witch, and the Wardrobe so popular? Although The Lion, the Witch, and the Wardrobe is the second in the series, it was the first of the Chronicles books that C.S. Lewis wrote. As I said, when he wrote it, he was not planning on a series. Of all the books in the series, The Lion, the Witch, and the Wardrobe seems to be the one that has most captured the imaginations of young readers. All the publicity surrounding the December 2005 release of the movie version also greatly increased the public’s interest in the book. Are any of The Chronicles of Narnia on VHS or DVD? Between 1988 and 1990 the BBC aired The Lion, the Witch and the Wardrobe, Prince Caspian and Voyage of the Dawn Treader, and The Silver Chair as a TV series. It was then edited to create the three movies now available on DVD. Your public library may have copies available. The more recent Narnia movies are also available on DVD. A more recent movie version of The Chronicles of Narnia: The Lion, the Witch, and the Wardrobe was released in 2005. My nine-year old grandson and I saw the movie together; we both loved it. The next Chronicles movie, Prince Caspian, was released in 2007, followed by The Voyage of the Dawn Treader, released in December 2010. For more information about the movies, go to The Lion, the Witch, and the Wardrobe, and . Who was C.S. Lewis? Clives Staples Lewis was born in 1898 in Belfast, Ireland and died in 1963, just seven years after completing The Chronicles of Narnia. When he was nine, Lewis’s mother died, and he and his brother were sent to a series of boarding schools. Although raised a Christian, Lewis lost his faith while a teenager. Despite having his education interrupted by World War I, Lewis graduated from Oxford. C.S. Lewis gained a reputation as a Medieval and Renaissance scholar, and as a Christian writer of great influence. After twenty-nine years at Oxford, in 1954, Lewis became Chair of Medieval and Renaissance Literature at Cambridge University and remained there until he retired. Among C.S. Lewiss most well-known books are Mere Christianity, The Screwtape Letters, The Four Loves, and The Chronicles of Narnia. (Sources: Articles on the C.S. Lewis Institute Web site, Of Other Worlds: Essays and Stories)

The Call of the Wild Essays

The Call of the Wild Essays The Call of the Wild Essay The Call of the Wild Essay Essay Topic: Call of the Wild Into the Wild Wild The Call of the Wild In the novel The Call of the Wild, by Jack London, a pampered dog named Buck lives a lovely life in the Santa Clara Valley. When one of the garden workers brings Buck toa train station and sells him, his whole life changes. Buck adapts to his new ways and now is tougher and more aggressive. He isnt the same dog anymore. The call of the wild affects Bucks behavior and leads him to his true destiny. He has a natural call to live in the wild. When Buck goes from house pet to alpha sled dog, everything about him changes. His new life brings him closer to the wild. Buck is a fearless and is a true leader. He accepts every challenge and gets stronger everyday. Buck wants to take control and be on top. The wild atmosphere turns Buck into a fighter. He wont back away from anything and he shows that. Buck and Spitz are both the strongest sled dogs in the pack. They are both rivals and are against each other. Before Buck became a sled dog, he couldnt stand up for himself very well and didnt have many fghting skills. Spitz is always Jealous of Buck and wants to get rid of him. Spitz attacks Buck and starts to fight him to the point where Buck is badly wounded. At the end, Buck prevails and shows Spitz he is changed and is the leader. After the fight, Buck is proud of himself and realizes that he belongs with the pack. Buck stood and looked on, the successful champion, the dominant primordial beast who had made his kill and found its good ( London 46). Bucks victory shows he is destined to be part of the wild. Buck is finding more signals that are making him realize that he belongs in the wild. Buck hears a call from the forest that sounds like the call of the wild. When he hears this noise, he feels like its a familiar sound that he has heard before. Its a part of him. From the forest came the call ( or one note of it, for the call was many-noted), distinct and definite as never before- a long-drawn howl, like, yet unlike, any noise made by husky dog. And he knew it, in the old familiar way, as a sound heard before ( London 105). Buck follows the noise and finds a wolf. They end up becoming very close and continually meet up every day. Buck feels very close and calls him wood brother. Buck now feels like he is part of the wild and there are times when he almost forgets about going back to John Thorton, his owner. Buck goes through a lot to find his destiny. Everything in life happens for a reason. All the events that happen through Bucks life lead him closer to his destiny. Buck comes back to his camp finding John Thorton dead. The Yeehats attack the camp and kill everyone there. Buck has so much fury that he attacks all the Yeehats. He scares them all away. Buck loves John Thorton more than anyone in the world. His death really upsets Buck and he wants to drift away from this tragedy. He finds the pack of wolves and they surround him. They all start howling and he does the same. He feels very comfortable around them and feels as though he belongs ith them in the wild. The leaders lifted the yelp of the pack and sprang away into the wood. The wolves swung in behind, yelping in chorus. And Buck ran with them, side by side with the wild brother; yelping as he ran (London 120). Buck feels like he is part of the pack and he fits in with the wolves. The call of the wild is something these wolves can all relate to and Bucks wants to feel par t of their family. The call brings him to his destiny. Buck goes through a dramatic change in his life. The call of the wild is his true destiny. He belongs with his own kind and is better off this way. Buck goes from a domesticated pet to a fearless, wild sled dog. He sees that he belongs in the wild environment. He grows and develops as he continues his Journey. At the end of it all, he finds the right path and howls the call of the wild. He is now free and is with his own kind. Some people find their true destiny right away, but for others it takes them time to realize where they belong. Buck changes for the good and finds out who he really as he travels a challenging path. Buck finds his call at the end of the path, which makes everything worth it at the end.

Is Female Perception of the Body Image Affected by the Media

Is Female Perception of the Body Image Affected by the Media Here is an overview of the body-image issue. Read how magazines and fashion industry determine the standards of the female body. Mass Media Effect on How We Perceive Ourselves America certainly has many problems in its own society – institutionalized racism, poverty, ignorance, teen pregnancy and drug addiction. But another major problem lies within the work of the media, the main means of mass communication (broadcasting, publishing, and the Internet) regarded collectively. The media, whether we realize it or not, dictates what we let into our lives; this certainly affects how we perceive ourselves – because we compare ourselves, and are compared, to celebrities and other people we see in the media. ARGUMENTATIVE ESSAY EXAMPLE: DOES VIOLENCE IN THE MEDIA CAUSE VIOLENCE IN CHILDREN? Most times, these celebrities are quite perfect-looking individuals, and so everyday people can have a low self-esteem because of new low body image – and this definitely applies to many adults and most teens, male and female alike. However, in this case, an argument will be made that illustrates how media influence the female perception of the body image. Magazine Pics Install a Lack of Confidence Let’s look at how females are portrayed in publications and on the Internet. Go to a magazine stand – you’ll see attractive, strikingly beautiful women on just about every cover. It’s sickening. This definitely over-sexualizes and objectifies the female beauty. But it’s been that way a long time, though that doesn’t justify why it still exists. Also, on the Internet, in newspaper ads and on billboards in dodgy parts of town, are billions of erotic pictures and videos of women. For young girls and insecure women, this instills a lack of confidence in their own appearance, and a body-image problem emerges. This problem could last a lifetime; maybe it’s the reason they hit the gym, get elective surgery or buy an expensive Italian sports car. Thanks to the media, the American public – heck, the world, too – adores so many of the same people, actors, athletes, and billionaires, that the public feels lost in the midst of things – they feel overlooked, irrelevant and worthless. You are imperfect, permanently and inevitably flawed. And you are beautiful. ? Amy Bloom Secondly, non-skinny, non-model-type women do appear on magazine covers, though, but they are usually overweight, maybe handsome and funny or overweight, plain looking and rich – like Queen Latifah, Oprah, Amy Schumer and Melissa McCarthy. This is terrible for a woman’s body image because it illustrates how – if you are an average-looking woman, maybe a little chubby, without a fortune, and not an actor or media mogul – you aren’t important enough to be on the cover of a magazine. Not that this means anything in the grand scheme of things, but it does happen and will continue to happen as long as the media is running the show and influencing people. Here’s the thing: wealthy billionaires run the media companies, mostly financially supported by the advertiser who depends on the consumer’s purchasing power. A woman with a low body image buys the products advertised to them in commercials hosted by beautiful bombshells of women. They purc hase many things advertised to them in order to fill the void they have created for themselves, deeply instilled by the media. People Can’t Take Their Own Mediocrity Lastly, the two aforementioned points illustrate how media influence the female perception of the body image, and this causes the everyday woman – bombarded by advertisements, commercials, magazine covers, Web articles – to feel inferior to the women they see on TV and in the movies. This is a terrible thing, for it tends to warp the minds of insecure people, men, and women alike, who aren’t confident and comfortable in their own skin, with their own imperfect appearance and body. This is quite tragic. This is perhaps why we still see suicides and homicidal rampages, alcoholic and drug binges – they can’t take their own mediocrity, their lack of celebrity, their ordinariness. We are trained to think, in this culture, that we are nothing if we are not of some renown. TV HAS A NEGATIVE EFFECT ON TEENAGERS To conclude, let’s try hard to address this problem in the future. It’s easy to see how media influence the female’s perception of how they view their bodies, their looks. Women probably assess their value in comparison to the beauty or style or sexual features of a famous female. And because most everyday women in America do not look like Jennifer Aniston or Angelina Jolie, many women feel inadequate and inferior and undesirable. Until the media actively tries to include the everyday American woman in advertisements, magazine covers, billboards and TV shows, America will have this problem – and it could have many socio-economic implications that could point to a shift in confidence, along with many mental-health and low self-esteem problems.

Critique and Analysis Coursework Example | Topics and Well Written Essays - 500 words

Critique and Analysis - Coursework Example Dancing in public is a challenge to many students. The teacher assures the student that by listening and following the lesson they will not have to worry about dancing in public. They get the assurance that if they listen they will be able to impress their fellow student and dates. How to act in public so as to impress others and to avoid embarrassing oneself are is a key challenge to while learning how to behave in social spheres. Therefore, the teacher’s choice to use these factors to motivate the students to listen was an effective teaching skill. It was an effective choice because it addressed an issue the students faced. I would suggest a situational example to emphasize further the importance of the lesson. The lesson was well organized. The introduction shows the intended plan to achieve the goal of the lesson. The body is well organized and systematic. The students start by learning what rhythm is and how to recognize it in music. They then learn about movement and eventually how to incorporate rhythm and movement to make a dance. The conclusion restates the purpose of the lesson and relates it to an actual event in the lives of the students. The systematic organization was effective. The teacher involves the student actively from the introduction of the lesson by asking the students questions. The teacher keeps asking questions through the lesson to determine if the students understand the topic. To ensure participation, the teacher applies a random sampling technique. The lesson also involves a class dance routine involving all the students. The teacher’s techniques were effective in involving the students in the lesson. Particularly the dance routine that the students had to learn. The random sampling technique used to ensure participation was effective since it keeps the students alert and aware that they all had to participate. The teacher chooses to

Improving Customer Service at Hotels Term Paper

Improving Customer Service at Hotels - Term Paper Example This research will begin with the statement that service delivery is the main issue which arises most often in case of the hotel industry. The persons responsible to deliver the state of the art service are either not efficient enough to do so or the service delivered is not effective enough. They sometimes lack the skill to generate client satisfaction. The clients often show dissatisfaction with the menu list or the price list charged against the dishes the hotels offer. Many hotels charge a much higher price for their breakfast for example in case the customer prefers to have an omelet then he or she will be charged double the price that is being charged on the street. Some other problems are related to crunch in parking space and the high rate charged for providing the internet connections. The customers who visit frequently to the hotels especially the business clients mainly face the problem of lack of outlets for charging of their phones and laptops since they do not find the place for charging their gazettes. When the hotel authorities fail to provide satisfactory services to the customers as per the terms and conditions that are agreed upon, they often claim for a refund and this is critical for the authorities. The hotel authority is also alleged for the false and misguiding information that is provided about the company in the website, magazines etc, the amenities and the price structure of the hotel is sometimes misleading since the price and the amenities that are provided in the advertisement is not offered in reality. Therefore the customers or the clients have to suffer while visiting the hotel on the basis of the advertisement that is published, the behavior of the employees or the staff in the hotel is not always up to the expectation. At times they behave very rudely with the clients and it hampers the goodwill, image, and reputation of the hotels. The hotels are required to focus on the quality of the service that is provided. They need to t ake urgent care in taking measurements to improve the quality of the services offered and the food that is provided by the hotel to its customers or the clients.

The Truth outside Society in Penns Into the Wild Essay

The Truth outside Society in Penns Into the Wild - Essay Example Chris McCandless (Emile Hirsch) is a modern version of Thoreau and Into the Wild is his Walden. Director Sean Penn uses Jon Krakauer’s book that has the same title to depict the inspiring life of McCandles. McCandless leaves everything behind- his family, savings, and material belongings- so that he can experience what it means to truly live. Some people might think that McCandless is a reckless nut and a narcissist, but he can also be seen in a more complex way. McCandless is reckless in a way that he is not fully knowledgeable enough to survive his â€Å"great Alaska adventure,† but he is not a wacko and a narcissist; instead, he should be admired for his naturalist idealism on human existence, wherein he reconnects to his soul through nature, while at the same time stimulating others to search inward for their happiness too. McCandless is reckless in a way because he fails to understand the range of skills and knowledge required to survive his lifelong dream. His lif elong dream is more than escaping the bitterness of his family’s reality because since he was a young child, he found happiness in his wanderings. He tells Ron Franz (Hal Holbrook) that he does not live alone and in the wild because he is â€Å"destitute,† but because it is his choice. He believes that travelling is the best way to live. Being a â€Å"tramp,† which refers to people like him who are nomads by choice, however, is not easy, especially in the wild. McCandless buys a book on local flora and fauna, but because of his lack of knowledge and skills in understanding the difference among plants, he eats a poisonous plant that looks like a wild potato root. This plant has the side effect of starvation and death if left untreated. His death is a product of his lack of full understanding of the forces that he must be able to handle in the wild. The scene where he dies alone is one of the reasons why some people criticize McCandless as a narcissist because he thinks he is good enough to survive alone. Instead of seeing him as a narcissist, he is more of a reckless inexperienced young man who has not attained critical knowledge and skills for long-run survival in Alaska. Perhaps if he studied Alaska for a few years, it could have increased his chances for survival. But he is impatient and he wants to live his dream immediately and because of this, he faces higher risks. McCandless’ recklessness is in his reluctance to wait and to be the best supertramp for his Alaska adventure. Despite some degree of recklessness, McCandless is not a wacko because he is prepared for his journey physically and mentally. Physically, he is an athlete, so he has the stamina to live off the land. He has the physical framework that gives him the strength and endurance for long-run walking and running. Moreover, McCandless has mentally prepared himself for the physical demands of trekking, hunting, and cooking and keeping himself warm during winter season . McCandless knows the risks of his tramp lifestyle and makes necessary preparations to ensure his self-reliance. For instance, he learned how to survive in Alaska from a friend. His friend told him what to do with his food once he kills it. McCandless also worked on a calisthenics program through exercise and walking steep mountains every day, so that his body can withstand the physical rigors of continuous mountain hiking. Also, in the beginning of the film, McCandless sends a note that he has bought a book on local flora and fauna, which means that he wants to know about the land, so that he can survive it alone. He adds that he has â€Å"stocked all necessary comforts to live off the land for a few months.† He used his money from the last job he held at Burger King to buy essential supplies. These preparations indicate that he used his

Brand Jordan Essay Example | Topics and Well Written Essays - 1250 words

Brand Jordan - Essay Example Evidently, the five key attributes to Jordan could be listed as great athlete, ultra-competitive champion, well-known African-American, Handsome guy, and fascinating spokesman (‘Case Study’). The leading attribute will be the one that creates a perceptual label within a person’s mind and drags his attentions on encountering the particular personal brand. The leading attribute behind the Brand Jordan was ‘the greatest basketball player of all time’. 2. Team Jordan candidates and the brand attributes One of the candidates suggested for the Brand Jordan with so much popularity was the eminent soccer player David Beckham. He started his career from becoming a winning soccer player at the age of 14 and later was known for his youth empowerment and training programs. Brand Jordan considered Beckham to sustain the reputation of the brand as his career portrayed numerous achievements, like having a free-kick technique named after him, which could drag the att ention of customers. Besides he has been at his best with the Manchester United. Signing with Beckham would be a good start for entering the world of soccer. However, he was in his mid thirties and would be approaching the end of his career soon. Jamie Foxx was at his all time high popularity in 2006. He was an American Academy Award winning actor and a Grammy Award nominated singer and comedian. His noticeable personal attributes were attractive, athletic African-American, and good fit for the lifestyle products. However, Larry Miller, president of Brand Jordan had a second thought whether signing Foxx in a low-profile endorsement would be profitable or would detract from the brand. Another candidate for the team was a professional golfer from Hawaii, Michelle Wie, a 6-feet woman successfully driving back majority of professional women golfers. Wie had a seemingly limitless potential while commonly comparing with the Tiger Woods and Sorenstam. Wie has been eminent in her career and was an incredible athlete, but that was not all enough to decide that whether golf was the right starting point for the Brand Jordan to reach out to women. Chinese market was an important factor for the expansion of the Brand Jordan, and a best way to promote the brand over the China market was signing Liu Xiang, a 22 years old Chinese athlete who was best known for winning the 110 meters hurdles at his first IAAF Grand Prix in Lausanne. His popularity was further increased when he tied the world record of 12.91 seconds of Colin Jackson, a first time achievement of a non-African descent. Another advantage was that this endorsement would diminish the value of rival Reebok’s market. Though the Xiang has been considered the superstar in his home country in whose market the brand had a bright future, which was not all enough to get into a contract with the athlete. A big concern on selecting Xiang was about the Chinese government’s endorsement with him on a cigarette bran d. 3. Importance of celebrity endorsement Obviously, celebrity endorsements have been identified and accepted by the firms as it has direct results that influences the brand the company is trying to send through a person in a way that the customers experience a sense of similarity with the brand. Brand Jordan felt that the celebrity endorsement would be an important factor as the consumers tend more to conceive information from a celebrity whom they know than a person they do not. Besides, the celebrity has the ability to transfer their eminent and

The Cuban Missile Crisis Research Paper Example | Topics and Well Written Essays - 2250 words

The Cuban Missile Crisis - Research Paper Example 253) By January, the decision seemed to have been made to remove Castro (Freedman 2002). In the spring and summer of 1960, Richard Bissell, the Deputy Director (of Plans) of the CIA, planned various assassination schemes for Castro, and started training a group of anti ­ Castro fighters. In the beginning, the plan was to send in small groups of guerrillas that were being trained in Guatemala, which could infiltrate the island nation and start uprisings and eventually a counter-revolution. Bissell and the CIA had used similar covert operations (though on a smaller scale) to overthrow governments successfully in Guatemala and Iran, and not so successfully in Indonesia (Freedman 2002; Blum, 1986). However, by the Fall the plan had evolved from inserting small bands of guerillas to a conventional amphibious invasion, and by November the group swelled to a l500-man paramilitary force of anti ­Castro Cubans that even had their own "air force" of B-26 bombers (Andrew 1995; Blum, 1986). Given the sheer size of this force, it did not remain covert for long. By 10 January 1961, The New York Times ran a full story on the training camp with a detailed map (Andrew 1995; Blum, 1986). Moreover, in his last State of the Union address, Eisenhower warned Castro that, "Although, unhappily, Communist penetration of Cuba is real and poses a serious threat, Communist dominated regimes have been deposed in Guatemala and Iran." (Andrew 1995: p. 255). This overt and covert pressure against Cuba continued under the Kennedy administration. The earlier plans to assassinate Castro, including subcontracting with the Mafia, continued in the spring of 1961 (Andrew, 1995; Blum, 1986). In April, Kennedy authorized Operation ZAPATA, which became the Bay of Pigs fiasco. After the failed invasion, the debate within the administration was between the overthrow or the containment of Castro (Freedman, 2002). The difficulty was that though the administration agreed that Castro should go, Kennedy w as not interested in a direct American invasion. Instead President Kennedy, with the enthusiastic urging of his brother Robert Kennedy, decided upon a mixed policy of economic warfare and covert operations. The combination of these, it was thought, would produce some sort of anti-Castro uprising (Freedman, 2002). On the covert action side of the policy, in June 1961, Kennedy set up the Special Group (5412) - consisting of John McCone (the new Director of Central Intelligence, or DCI), the chairman of the Joint Chiefs of Staff (the JCS), and the undersecretaries of the State and Defense Departments, to plan more covert action against Castro. Robert Kennedy, the Attorney General, became a supporter and advocate of covert action to eliminate Castro during his time overseeing the reorganization ofthe CIA after the Bay of Pigs. As Robert Kennedy wrote, "My idea is to stir things up on island with espionage, sabotage, general disorder, run [and] operated by Cubans themselves with every gr oup but Batistas [and] Cornmunists" (Freedman, 2002: p. 158). American covert action against Castro's regime continued and intensified in the spring of 1962 under the code name Operation MONGOOSE (The Cuban Missile Crisis, 1962).

Challenges of quantitative research Paper Example | Topics and Well Written Essays - 2750 words

Challenges of quantitative - Research Paper Example There are two kinds of research styles which are qualitative and quantitative researches. The values and norms of these researches are completely different (Thompson, 68-70). The application of methods which are used for applying these researches requires development of specific understanding. There have been negating views which supplement the importance of both the researches. Quantitative research methods are used by the researchers when they wish to make statements of situations which might take place in a population. This research style is based on probabilistic measures which form the basis of the theory. In this form of study the researcher has access to the data set of the population. Based on this data of the population samples are taken for pursuing the research. The concepts of data collection which form essential components of quantitative researches include sampling error method, random sampling and sampling bias method of data collection (Thompson, 68-70). Quantitative method of research is used specifically when the researchers base their studies on chance (or probability). In this report a discussion will be presented on challenges of conducting quantitative research. Specific application of research strategy based on IT education and its application for conducting a quantitative research will also be discussed. ... The analysis aids in measuring the ways in which a large population of people behave in various different situations (Bernard et al., 175-198). The quantitative data is formed on the basis of research techniques and gathering of quantitative data (Mahoney and Goertz, 227-249). The results of this data are measured as expressed in the form of percentages or either it is represented numerically, for example when the companies wish to calculate the overall brand awareness of the customers they use the quantitative style of research. The answer to this question which is a major purpose of this research will give numeric representation let’s say 15% of the respondents are familiar with the brand and its presence in the markets. The advantages of quantitative researches are that all the variable used which includes dependent and independent variables and the associated results of those variables can be analyzed independently. With the use of quantitative researches hypothesis can be tested very effectively (Smith, 6-13). The major drawback of using quantitative method of analysis is that huge sets of data are required for calculation. The collection of such huge sets of data requires a lot of work (Cohen, 155-159). CHALLENGES OF CONDUCTING QUANTITATIVE RESEARCH The challenges which the researchers most commonly have to face while conducting the researches are availability and lack of details, missing variables, relative sampling of large data and methodological limitation (Firestone, 16-21). 1. Availability And Lack Of Details Quantitative researches are criticized for lack of details as the researchers face difficulty in collecting the data. The quantitative research methods require finding public opinion with the use of

The Cuban Missile Crisis Research Paper Example | Topics and Well Written Essays - 2250 words

The Cuban Missile Crisis - Research Paper Example 253) By January, the decision seemed to have been made to remove Castro (Freedman 2002). In the spring and summer of 1960, Richard Bissell, the Deputy Director (of Plans) of the CIA, planned various assassination schemes for Castro, and started training a group of anti ­ Castro fighters. In the beginning, the plan was to send in small groups of guerrillas that were being trained in Guatemala, which could infiltrate the island nation and start uprisings and eventually a counter-revolution. Bissell and the CIA had used similar covert operations (though on a smaller scale) to overthrow governments successfully in Guatemala and Iran, and not so successfully in Indonesia (Freedman 2002; Blum, 1986). However, by the Fall the plan had evolved from inserting small bands of guerillas to a conventional amphibious invasion, and by November the group swelled to a l500-man paramilitary force of anti ­Castro Cubans that even had their own "air force" of B-26 bombers (Andrew 1995; Blum, 1986). Given the sheer size of this force, it did not remain covert for long. By 10 January 1961, The New York Times ran a full story on the training camp with a detailed map (Andrew 1995; Blum, 1986). Moreover, in his last State of the Union address, Eisenhower warned Castro that, "Although, unhappily, Communist penetration of Cuba is real and poses a serious threat, Communist dominated regimes have been deposed in Guatemala and Iran." (Andrew 1995: p. 255). This overt and covert pressure against Cuba continued under the Kennedy administration. The earlier plans to assassinate Castro, including subcontracting with the Mafia, continued in the spring of 1961 (Andrew, 1995; Blum, 1986). In April, Kennedy authorized Operation ZAPATA, which became the Bay of Pigs fiasco. After the failed invasion, the debate within the administration was between the overthrow or the containment of Castro (Freedman, 2002). The difficulty was that though the administration agreed that Castro should go, Kennedy w as not interested in a direct American invasion. Instead President Kennedy, with the enthusiastic urging of his brother Robert Kennedy, decided upon a mixed policy of economic warfare and covert operations. The combination of these, it was thought, would produce some sort of anti-Castro uprising (Freedman, 2002). On the covert action side of the policy, in June 1961, Kennedy set up the Special Group (5412) - consisting of John McCone (the new Director of Central Intelligence, or DCI), the chairman of the Joint Chiefs of Staff (the JCS), and the undersecretaries of the State and Defense Departments, to plan more covert action against Castro. Robert Kennedy, the Attorney General, became a supporter and advocate of covert action to eliminate Castro during his time overseeing the reorganization ofthe CIA after the Bay of Pigs. As Robert Kennedy wrote, "My idea is to stir things up on island with espionage, sabotage, general disorder, run [and] operated by Cubans themselves with every gr oup but Batistas [and] Cornmunists" (Freedman, 2002: p. 158). American covert action against Castro's regime continued and intensified in the spring of 1962 under the code name Operation MONGOOSE (The Cuban Missile Crisis, 1962).

Foreign minister Essay Example for Free

Foreign minister Essay According to a former French foreign minister, America’s power lies in its ability to â€Å"inspire dreams and desires† due to its eternal presence in media all around the world. In an interconnected world, there is no doubt that the America more than country has acquired status of an empire, turning the world towards American ways. Some reason American military might and others consider its media the real power, however it’s the American businesses, which have changed the world enormously in the last 100 years. American companies today are doing not just business, but they have made America a world economic power. A slight depreciation in dollar or energy in US, the whole world can feel pinch of the impact. In a global economy, American companies are reaching out to the consumers and exploiting markets, be it China or Latin America or Japan or African countries, they are the force to reckon with. As they arrive in the region, they bring in capital, technology, knowledge and jobs for the local residents. And in addition buy from the local firms contributing to the social activities of the regions. Today America owes the world well- known products and brands, dominating the business models around the globe. Out of 100 famous brands, 62 are American, which is about 62 percent of the well-known brand. American companies contribute to the one third of the world economic output, companies like Coca-Cola, Macdonalds, Apple, IBM, and Microsoft has not only created wealth and jobs at home, but they have also created countless jobs overseas increasing American Influence. American companies deliver their products by basically in two ways: exports and over seas investment. These practices are popular ways of US companies to have their presence in the global business making them connected to many world economies. American firms compete more through foreign direct investment and establish by being on the ground. In simple words, the American firms global engagement is more through manufacturing and selling, such as General Motors manufacturing in Germany, Intel integrating in Ireland, Wal-Mart manufacturing in Jordan, Eastman Kodak competing Fuji in China and capturing sales in Latin America. It is no surprise that during the economic crisis of Mexico in 1995 and Asian crisis in 1997, US companies had the impact, yet not as much as it was anticipated. Even during the crisis American (FDI) was relatively stable due to several inherent superior measures taken by these companies. The US companies are the leading exporters in the world. American companies accounted for the fifty percent of the semiconductor manufacturing in 2005. According to WTO report, the US exports and commercial activities, such as semi-conductors, computers, vehicle spare parts, and pharmaceutical products reached US$1. 01 trillion in 2003. From 1994 to 2003, US FDI (foreign direct investment) reached US$1. 3 trillion, bringing new technologies and managerial skills to developing countries. In fact the US companies are engine of global growth, without them, the world economy can become stagnant.

Advantage And Disadvantagess Of Disney Cruises

Advantage And Disadvantagess Of Disney Cruises Cruises traveling is become more and more popular nowadays. In this article, a very famous cruisethe Disney Cruises is introduced, including basic information, advantage and disadvantage analysis, and the future development trend. Cruise Tourism is one of the major growth areas of world tourism (Peisley, 1992; Hobson, 1993; Cruise Lines International Association, 1995). Before the development of air travel, passenger liners were commonly used for overseas traveling in the 1800 s . Along with the development of the economic, people became richer and richer. More and More people like to travel far overseas for different sightseeing. So the cruise industry came into being and became a traveling method( Robert E. Wood , 2000) For the time being, after about 200 years development, the cruise tourism has grown very fast and got well development ( LIBURD, J.J. 2001 ) . Cruise lines are developing new and innovative ways to attract customers. The cruise ships for the time being can offer better rooms than hotels, for example, the rooms in cruise ships often have luxury bathrooms separately for every person with private space. What is more, the entertainment activities are various, with singers, dances, casinos and so on. The ships are designed with high-technological systems, in order to decrease the weight and provide more space. The world famous cruises include Queen Mary 2, Voyager of the Seas, Explorer of the Seas, Adventure of the Seas, Navigator of the Seas, Mariner Of the Seas etc.. The Wonder and the Magic are also two famous ships all around the world which belong to the Disney Cruise company. Disney Cruise Company is an American company . The Disney Cruise has the most stunning destinations-in the most exciting regions around the world international ports of call, from the Caribbean region to Europe and beyond. The introduction of Disney Cruises Disney Cruise is operated by Walt Disney Parks and Resorts, with a headquarter in Celebration, Florida. It is a subsidiary of the Walt Disney Company, and the Walt Disney company is a world wild famous company which provide Disney Series products, with a sales network all over the world. The Disney Cruise line was first produced in 1995 and its first operation was on July 30, 1998. Every ship, the Wonder and the Magic, has 900 staterooms with world advanced level of design. The current routes include the Bahamas, the Carribean etc. ( M Mancini , 2004 ) . The chief executive officer of the Disney Cruises is Karl Holz. The Disney Cruises is a branch of the Walt Disney Company. Right now the Disney lines have many customers all over the world with the famous Disney brand. The ships were mainly marketed for family vacations and have customized Disney traveling projects. (PF Wilkinson ,1999) .The Magic ship was first operated on July 30, 1998. And the Wonder ship started to ship from August 15, 1999. Both of the ships have luxury restaurants and entertainment balls and parties( M Mancini , 2004 ) . In recent years, the Disney is becoming more and more popular in adults. Many adults love the Disney Cruises because they can playing like kids at the same time of traveling all lover the world. Currently, the Disney Cruise Line has two ships, the Magic ship and the Wonder ship. Right now, Disney is creating two new cruise ships. These two vessels, named the Disney Dream and the Disney Fantasy are under construction. When these ships put into use in the future, they will help to expand the Disney lines fleet. The Magic ship is expected to set sail in 2011, and the Wonder ship about one year later, will set sail in 2012. Whats more, Disney also owns a private island called Castaway Cay, it is in the Bahamas and is used as an exclusive port of call for Disneys ships. Disney Cruise Destinations The cruises lines have many destinations (Common-wealth of Australia, 1995). It sails to the most unique and beautiful places in the world. The destinations include the world most famous beaches, holiday villages and other sight seeing places. The Disney ships go travels to Caribbean Islands, Bahamas, the Mediterranean Region and so on. The Mediterranean Region includes Spain, Italy, England, Sicily etc., actually this region receives many tourists from all over the world. In Spain region, tourists can go to the city of Barcelona and go shopping, for this is also a shopping heaven. Speaking to other places, the Disney Cruises also travel to Barbados, Costa Maya, St. Kitts and St. Lucia. In a word, the Disney Cruises travel to the most beautiful and wonderful places in the world, that is why so many people all around the world select the Disney Cruise line and love its vacation. The advantage analysis of Disney Cruises There are many advantages of Disney Cruise so many people choose it for overseas traveling. It is Mickey ! And it is loved by so many children. Disney is vacation heaven for children; it provides v ery good traveling environment and excellent kid s programs. It has about one third of the ship only for children. And most rooms are both balconies for sightseeing ( MB Sehlinger, L Opsomer, L Testa , 2009 ). It has so many excellent programs specially customized for children. I t has many teen centers and variety of projects. As for entertainment, it has top quality musicals. Besides, it private s island Castaway Cay . What s more, Disney is a famous tourism brand, not only for cruises, but also for theme parks. T he packages can combine Disney cruises with theme parks Some of the tourists sad, Disney is more of an expensive cruise and they are worth every penny. Their private island is immaculate and awesome. The Disney cruise lines are different with others in many details. It provides fine accommodations, and most rooms are giving perfect experience with more space than other ships. The Disney line has very cute decorative things loved by most children; It has variety of playing games, not only for children but also for adults. The disadvantage analysis of Disney Cruises The ship only has about one third of the places for adults; many places are prepared for the children. S o some people think that it is not a very proper one for adults only, better with children. Disney is the only line for free fuel surcharge and this line offers free soda for 24 hours per day. But if comparing other costs, Disney seems more expensive Comparing with other cruise lines, the Disney ships, both the Magic and the Wonder, are a little bit small. The Royal Caribbean ships have the scales at over 150,000 tons, however, Disney only around 80,000 tons There is no casino on board, some passengers dont like this. Some tourists think that their unsavory food and impolite service are terrible. The European tourists dont like the food. Whats more, the waiters told tourists that they are providing food mainly for Middle Americas who like eating meat loaf at the dinner. The food much better are all need extra pay for Europeans. It has terrible service. T he work ethic and cleanliness are also dissatisfied. The staff of the Disney Cruises asks tourists for satisfaction cards, to give 1 to 5 score for their service. However, the staff bed for scores of 5 or else they will get fired. It is sad and insulting for the tourists. The tourists have to give 5 scores, with dissatisfying mood. Some tourists think it is a terrible experience; they doubt the band of Disney and can not trust it any more. Other cruise companies offer better products and service, they will choose another cruise line next time. The future development of Disney Cruises In the next two or three years, Disney Cruises will add two ships and provide more wonderful lines ( DOWLING, R.K., ed. 2006 ). The future trend of the cruise tourism is that it will add more cruises lines with variety of lifestyles. And the ships will be bigger and bigger. As for the service, it will also become better both in quality and quantity. The cruise tourism will cover more destinations with more playing programs. So there will be a very bright future for the cruise tourism. It will be a choice for more and more tourists. As for the Disney line, will the operation of two more ships, the Disney line will receive more passengers and provide wonderful holidays. We believe that in the next few years, the cruises traveling will be selected by more people and the Disney Cruise line will have more market share and more customers with its excellent vacation design, good service etc.

Slaughterhouses and the packing companies Essay -- Literary Analysis,

â€Å"I wished to frighten the country by a picture of what its industrial masters were doing to their victims; entirely by chance I stumbled on another discovery--what they were doing to the meat-supply of the civilized world. In other words, I aimed at the public’s heart, and by accident hit it in the stomach† (Bloom). With the publication of a single book, Upton Sinclair found himself as a worldwide phenomenon overnight. He received worldwide response to his novel and invitations to lectures all over the world including one to the White House by President Roosevelt. In late 1904, the editor of the Appeal to Reason, a socialist magazine sent Sinclair to Chicago to tell the story of the poor common workingmen and women unfairly enslaved by the vast monopolistic enterprises. He found that he could go anywhere in the stockyards provided that he â€Å"[wore] old clothes†¦ and [carried] a workman’s dinner pail†. Sinclair spent seven weeks in Chicago livi ng among and interviewing the Chicago workers; studying conditions in the packing plants. Along with collecting more information for his novel, Sinclair came upon another discovery--the filth of improper sanitation and the processing of spoiled meat. With the publishing of his novel, Sinclair received international response to its graphic descriptions of the packinghouses. The book is said to have decreased America’s meat consumption for decades and President Roosevelt, himself, reportedly threw his breakfast sausages out his window after reading The Jungle. However, Sinclair classified the novel as a failure and blamed himself for the public’s misunderstanding. Sinclair’s main purpose for writing the book was to improve the working conditions for the Chicago stockyard workers. Sinclair found it... ...ivities. Sinclair promotes socialism, government owned companies that endorse more rights for its worker’s, as government own corporations will be less about the individual profit but the common good. Sinclair publicities socialism in The Jungle in many methods: a capitalist society provides their workers with sickening working condition, a capitalist society consists of corruption all over the board, and a socialistic society will mean a perfect world. Upton Sinclair was dubbed by President Roosevelt as â€Å"a muckraker†, a writer who investigates and publishes issues happening around America. Even though Sinclair’s novel did not do as much for the poor as he hoped, it did bring about change to America: stricter meat packing regulations, standards of cleanliness in processing plants, and public knowledge of what the Chicago corporations were doing to their canned meat.

Style Controversy :: Writing Styles Style Essays

Style Controversy Upon completion of the both stylebooks, Strunk and White and Williams, I have found that style is much more than whatever one sees fit for themselves. This is true at least for essay writing not necessarily creative writing. As with other debated subjects where guidelines are drawn as to what constitutes a good work of art, film, or music, writing has guidelines which good compositions fit into and can therefore be compared and contrasted with other works. That is not to say there is one way to do any essay but there are parameters which must be met and set for a paper to be critiqued. S&W would like to set up a correct way to do everything; according to them there is only one right way and everything else is wrong. This authoritarian point of view on writing is scary but some of the things they say are poignant. For instance when they speak of participial phrases, as I have mentioned in my first blog writing, they tell and show how to do this correctly and it is easily implemented. â€Å"A participial phrase at the beginning of a sentence must refer to the grammatical subject† (13). To someone who understands what a participial phrase is along with what and where the grammatical subject of a sentence is this makes sense. It is clear, concise, and effective one can quickly look to the rule for reference and continue on with their paper. When looking for quick reference on how to fix grammar mistakes this is a good way to go about finding answers but not for a stylebook. There needs to be more discussion. It would be nice to say that good style is just correct grammar and word usage but it’s not so. Williams knows this and blatantly points this out in his preface of the book. He acknowledges that his book is different from stylebooks in the past mentioning that this book is not for everyone. Williams divulges secrets of the trade in an interesting although sometimes hard to grasp conversation with the reader on all subjects of writing. This does include grammatical problems and word usage concerns but Williams explains both sides and shows how at times both ‘good’ and ‘bad’ aspects of writing can be right depending on the context it is used in.

Gender Role in Triffles Essay

The roles and rights of women in the Victorian era up to nineteen hundreds differ drastically from where women stand today. In the play â€Å"Trifles† by Susan Glaspell, females are portrayed to be an insignificant part of society compared to the importance of males. Susan Glaspell’s play Trifles is a murder mystery type of play that discovers and analyzes gender roles and corrupt relationships due to the Victorian time period. The typical stereo type for women in the nineteen hundreds was being nothing but a housewife. A good house wife in this time was considered to have children, take care of the children and clean the house, and there not much more to it. In the nineteen hundreds women did not have many career options, they had almost none. Women’s education was not seen as an important thing to promote. Stated by Helen Nickson in the article Life of Women in the Victorian Era, â€Å"The only role of women in the Victorian era was to get married and look after the homely chores – The ladies did not do things themselves but told others what to do. They were just supposed to marry and raise children. The women of lower class worked in the factories, garment industries, laundries or various other jobs to support themselves.†. Women were treated more like an object or a servant rather than a person or spouse. One of the main characters in the play Trifles named Hale states a short simple statement that when looked into, states a strong opinion. Hale states to another male in the play, â€Å"Well, women are used to worrying over trifles.†. This statement shows how the men in this day thought women lacked common sense or intelligence. When trying to investigate the murder in this story, the men took no part of the women’s opinions. Women’s rights have come a long way since the Victorian Era. Women had little say in just about everything whether it had to do with marriage decisions or political things. Set up marriages were a common thing women had no say in. In today’s world women can vote, support themselves and choose who they marry. Some people wouldn’t believe the simple rights women have today were fought for way back when even in the nineteen hundreds. Women had little almost no career options in the Victorian Era. The few career choices were only for single women who needed to support themselves, if one was a house wife that was there life. Men had high expectations of their own wife’s classiness and manners in public places in the nineteen hundreds. Many males were very judgmental, much in like the play Trifles, of any opinion from a women back in the day. In an online article by Rachael Hurvitz, she states â€Å"For Victorians, divorce was not only extremely expensive, it was very hard to do. Women and men stayed in unhappy marriages for numerous reasons. Many stayed away from divorce because of the stigma attached to divorced women. It was also considered a societal taboo†. Women feared divorcing the one they were married to strictly due to the opinions of others in society. In Trifles a woman ends up murdering her own husband, rather than divorcing. The investigators don’t suspect her at first strictly because she is a wife and a female. When another female suggests that the husbands wife could be a possibility, the men just laughed to each another. Before women had fought for their rights, they lacked respect from society. Women have come a long way today, now having equal rights to anything men can do, including career choices and political voting. Works Cited Glaspel, SusanTrifles Literature: Eleventh Edition Nickson, Helen. â€Å"Life of Women in the Victorian Era.† Web.: http://ezinearticles.com/?Life-of-Women-in-the-Victorian-Era&id=2359711 Hurvitz, Rachael â€Å"Women and Divorce in the Victorian Era† http://www.clas.ufl.edu/users/agunn/teaching/enl3251/vf/pres/hurvitz.htm

Investigation on the Impacts of Personality on Consumer Decision-making Process Essay

Dr. Lars Perner, Assistant Professor of Clinical Marketing from the University of Southern California, provides that consumer behavior is formally defined as â€Å"the study of activities of either an individual or group of individuals who are in the process of purchasing products or services, as well as the effect of this course of action not only on individual consumers but on the general public† (Perner, 2008, page 2). In other words, consumer behavior is marketing’s psychological approach in understanding purchasing transactions. It may be easy to make an impression on how consumers think by just looking at them physically, but mere observation is not enough. Often, many successful businesses have to undergo intensive studies and series of financial failures before finally learning how to sell their products or services and gain profits. According to Dr. Perner, consumer behavior can result to four benefits in these four areas, namely: â€Å"marketing strategy, public policy, social marketing, and in creating better consumers† (Perner, 2008, page 3). Marketing strategy is an approach toward successful selling by being at the right place at the right time. One example is by intensifying beverage advertisements during summer when the weather is usually hot and one would tend to crave for something to cool himself off. This is also evident when it comes to fashion where malls perform a variety of impressive window dressing every season in order to lure passing potential customers. Public policy is the factor which encourages consumer safety by cautioning them to think things over before purchasing a product. One common example is the line â€Å"Cigarette smoking is dangerous to your health. † which is seen in every cigarette advertisement. Social marketing on the other hand, is more concerned with â€Å"getting important messages across rather than selling† (Perner, 2008, page 3). Example is controlling population growth by promoting condoms and contraceptives as response especially to premarital sex which remains as one of society’s issues even up to present. Last but not the least, consumer behavior can lead us to becoming better consumers. One simple demonstration is when buying beauty or skin products. Often, one would think that any product would be good for him or her just because it has become popular through television promotions. A wise customer must take into consideration several factors like allergies to certain ingredients. Taking this into mind, customers will not need to undergo unnecessary spending by purchasing expensive products that do not suit one’s body chemistry and instead by cheaper but milder products for skin maintenance. Taking these four factors into mind will lead to an important goal which is good investment on the part of both buyers and sellers. The Black Box Model This model of consumer behavior is a tool which, if compared to a movie, has two main characters: the customer and his or her incentive. And like any other movie, it has an ending which is whether to buy or not. Putting the oversimplification aside, however, this model analyzes certain stages. First, is identifying what is likely to motivate a consumer in terms of the marketing environment by performing a research within the consumer environment. One important quality that a business must always possess is innovation. An example of this is the creation of Coke Zero by the Coca-Cola Company. This is in response to a greater number of health-conscious customers nowadays, who have become more aware of the disadvantages of taking in big amounts of sugar which is incidentally an ingredient of their traditional product. The new product guarantees a â€Å"no sugar, less calorie† beverage, however, still retaining the same taste of the old Coke. Price is also a consideration in understanding a customer’s needs. There are people who do not mind sacrificing the quality of a product as long as they can get it for bargained prices. On the other hand, there are some who find confidence in and would not mind paying for expensive branded products, especially when that product has a distinctive appeal that would set a person apart from the common crowd, or if that particular brand has proven great guaranteed performance like for example, a whitening soap. Aside from the marketing environment, cultural difference is another crucial factor in analyzing the consumer behavior. Ignorance of other countries’ cultures may often result to awkward and humiliating results if one is not mindful if it. One example is the difference in clothing appearance between Western and Muslim Women, wherein the latter has been accustomed to wearing the conservative, long, black fabrics that covers head to foot and exposing only the eyes, as compared to the more liberated short and neck-plunging outfits being tolerated by the former group. Another example is â€Å"how Muslims regard dogs as dirty animals, but others, if not most countries, consider them as ‘man’s best friend,† thus the famous expression (Perner, 2008, page 31). Marketers must always take extra caution with culture issues and therefore, must take into consideration some of its important characteristics like being comprehensive. One example is how Japanese businessmen often do the customary bow during business dealings. This is not common especially in Western cultures, but somehow American businessmen have learned to perform this as well with Japanese clients in order to show goodwill and respect. This shows another feature of culture which is learned. Another fact about culture is that it exists within â€Å"boundaries of acceptable behavior† (Perner, 2008, page 30). For example, going to mass requires wearing conservative outfit instead of the informal sleeveless or shorts that would often be distractive and not fit for the religious occasion. Also, many people are not aware of other country’s cultural standards. There was one instance during World War II when an American spy was captured by Germans because of how he used his knife and fork while eating. Lastly, cultures are also subject to change however it would depend on how open the citizens of a certain country are. Another thing that must be taken into consideration when talking about culture is stereotyping. When overlooked, this issue may come as offensive. One example is the 9/11 bombing of the World Trade Center towers which would forever remind the world of the cruelty of terrorists. Unfortunately, this resulted to the unfair discrimination of some Muslim individuals as sharing the same terrorist values, although not all Muslims are really in favor of violence. One issue that has something to do with culture is the self-reference criterion. â€Å"This is the act of using the standards of one’s own culture in order to evaluate the culture of another country. One example is how Americans recognize other cultures as backwards just because they refuse to embrace the benefits if advance technology and preserve their customary way of living. In the 1960s, there was in fact an American psychologist who expressed disgust over India’s way of venerating cows and allowing them to roam the streets freely despite the nation being in the middle of food shortage. The psychologist even quoted the word â€Å"sick† as the people of India refuse to take advantage of the fact that cows are excellent food source of meat and milk. Another related concern is also ethnocentrism which is the one’s inclination to regards his own culture as more superior that that of the other† (Perner, 2008, page 32). In order to sell effectively, the market must always consider that â€Å"human beings are social beings, meaning they often influence one another† (Perner, 2008, page 49). That is why there is what we call the reference group, which is the type of crowd that a certain individual would want to compare herself to when it comes to looks or lifestyle (Perner, 2008, page 49). Reference groups have at least three kinds: aspirational, associative and dissociative. Aspirational reference group are usually made up of celebrities or famous people whom others would idolize or copy. One famous example is David Beckham who often posed as spokesperson for popular sports apparels. Associative reference group, on the other hand, are more within reach as they are composed of people whom we see, live or work with everyday, and with whom we share the same level more or less. Some examples are â€Å"coworkers, neighbors, or members of churches, clubs, and organizations† (Perner, 2008, page 49). The dissociative group is the one that some people would not want to be compared with. This is another common thing with teenagers who would want to be labeled as â€Å"cool† in order to gain acceptance as they undergo the critical stage of adolescence. This group is also referred to when individuals would like to generate a certain label of exclusivity for themselves. One example provided here was the merchandise store which called itself â€Å"The Gap, which intends to target young people who want to be referred as modern and cool† (Perner, 2008, page 49).

Many students expand their view of the world during

There was a time when the world we live in was in a somewhat peaceful mode. There was existing discord among countries and there were political and social misunderstandings being resolved but overall, there was a semblance of a fragile peace and tolerant understanding of each others problems, race, and gender. That all changed overnight after the events of September 11.Overnight, the tolerance and fragile peace existing between our country and those of the Middle East, Europe, and Asia was thrown into a dizzying tailspin. Everything that we thought we knew about our middle-eastern neighbors was thrown out the window and they suddenly became an almost persecuted race worldwide. This loss of tolerance and understand towards the Middle Eastern nationals saddens me no end. Perhaps it is because, even though I was born and raised as an American, my family's roots are deeply entrenched in the Middle East.I lived eleven years of my life as a citizen of the Middle East. Â  I am one of them. Therefore, I understand the culture and religion even though I am now more influenced by my westernized upbringing. Even though my parents tried hard to instill some of our Old World value into me, it was a struggle for me to identify with the traditions and ways they wanted me to follow.No one else in my social circle had to follow the same norms as set by their family that I did. Eventually, the western ways won out and I forgot what it was like to be a Mid Easterner. This is why I believe that the person or classmate who will have a tremendous impact on my life while in college will be someone who is an exchange student or foreign national enrollee from any part of the Middle East.The reason I believe this is because; I have slowly come to realize that the people from the Middle East have been suffering from prejudice since the events of 9/11. The race has been judged collectively and branded by the world as terrorists. All member countries of that eastern block have been judged by the decisions and acts of a few misguided people from their area of the world. It is time for us to stop the prejudice. It is time to stop the war. It is time for us, as the free leader of the world, to stop, analyze and think about what we are doing to those people. It could be an act of veiled of revenge already on our part. That understanding can start small and trickle down. It can start with me.I would expect that this potential classmate of mine to help me understand where the prejudice comes from. Why do we see them in such bad light? How do they view us as a nation? I believe that a fellow Middle Easterner student and I will be able to relate and have many things in common. Â  He may not be from the country my parents come from. But, he will at least share the same beliefs and traditions as my parents and maybe, just maybe, I can learn even more from him about my roots and traditional heritage. Those things and lessons will be fun for me to encounter because I missed ou t on those things when my family moved to the United States.Since he will be like a mentor to me, I also expect to learn other things from him. I expect to learn more about tolerance for others who may not understand from him. He can show me how to deal with the situations he faces everyday. I have been known to have a short attention span so dedication and effort are not really very strong points in me as a student and person. I am hoping that he will be able to teach me that since Middle Easterners are known for their tolerance and patience in the face of adversity.Aside from those specific things, I know that I will learn a lot in terms of life lessons from him or her simply by observing the person as his or her daily life unfolds. Everyday is a learning experience for everyone, he or she can be my out of class mentor, friend, and ally if need be.

Modern Consumerism Essay Example | Topics and Well Written Essays - 2000 words

Modern Consumerism - Essay Example When one need is fulfilled, there is always going to be another need that pops up requiring attention. That is just the way humans are made. Not necessarily just physical needs need to be met—but rather, the accoutrement of things which humans seem to accumulate over the years one has spent living is a perfect example of this, especially in more developed countries. Consumption is so puzzling to Campbell especially because this insatiability for things is considered an ethnocentric phenomenon, in his view.2 For example, it is considered anathema in some cultures to want things outside of what one already has—not to mention blasphemous to try to attain things for the self. Any kind of achievements that are related to one â€Å"getting ahead† in life is not the norm in small communities. Rather, it is the importance of community that encapsulates one’s decisions—not the self-promotion and self-egotistical self-centeredness that is so evident in many W estern cultures. This self-centeredness is puzzling not only because one knows one can â€Å"never have enough,† but this incessant search in the quest for one’s self-fulfillment—demonstrated in Western culture—is tantamount to blasphemy. In a small town somewhere off the beaten path, this kind of behavior would never be tolerated. This is because, in essence, in the cultures of many nations that are less-developed or not developed at all, community is a big part of who people are. These humble people who grew up with small beginnings are not willing to sell out their communities for fame. It is just not in their natures. What is in human nature, however—which apparently shows up more in Western cultures than not—is this idea of instant gratification and the search for self-actualization that is not found in many places that are rural where the people have less education and

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

Marketing project - Essay Example Netherlands has a population of 16,652,800 people and about 15,500,000 bicycles (Shahan, 2014). This translates to about 1.11 bicycles per Dutch. Research also shows that about 27% of all trips are made by bicycle. On average, each Dutch covers about 2.5 km per day on a bicycle. However, since safety is paramount, we intend to introduce state-of-the-art bright bicycle lights, which would be placed on the front of the bicycle to enhance vision and red lights at the back. At the backdrop of the continued growth of bicycle use in the Netherlands, we have decided to take advantage of the high demand for bicycle lights in the country by entering into the market. Although there are a variety of entry methods that ‘A company can use to enter the Dutch market, we have opted to use joint venture as the best entry method, considering the Dutch legal requirements and the advantages of joint venture. The company has already identified a company with which to form a joint venture in Netherlands. The company is called Royal Dutch Gazelle, which is the leading bicycle manufacturer in Netherlands today. We chose to form a joint venture with Royal Dutch Gazelle because of a variety of reasons. Firstly, Royal Dutch Gazelle is a well-established brand in Netherlands and , therefore, forming a joint venture with it will enable our bicycle lights receive a warm reception among the Dutch. Secondly, a joint venture with the Dutch company will help the company share the risk of entry (Brady, 2010). Company A will also benefit from the joint venture with Royal Dutch Gazelle because it will result in sharing of knowledge and expertise, thereby helping in the development of the company in Netherlands. Additionally, because of the strict Dutch laws regarding the entry of foreign companies, it became appropriate that we form a joint venture with a Dutch company to enable the company A

Strategy Implementation of Coca-Cola Research Paper

Strategy Implementation of Coca-Cola - Research Paper Example The present study would focus on the Coca-Cola Company. It has its headquarters in Atlanta, Georgia and well developed systems, procedures and tools that align it to the structure in place to enable it cope with ever increasing competitive world. It creative and innovative culture has enabled it to keep in pace with stiff competition from their main competitor Pepsi. The company has developed a strand of valuable resources in its people and the resources that it contains that enable the multinational to serve its customers with quality and attractive products. The firm has employed a number of strategies so as to realize it objectives and visions, such as fair returns on shareholder value increase value to the community. During the 2010 annual report, it is noted that the company adopted a number of strategies. As noted in their press release, the company has continued to increase the volume of business through innovation and diversification of its products into potential markets esp ecially North America by building several brands such as Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitamin water, Powerade, Minute Maid, Simply and Georgia Coffee. Business analysts provide that the company has continued to deal with volatile economic challenges in their pursuit of global business. The firm has also continued to invest in order to build solid brands of coke fuelled by marketing and promotional innovations. For instance, the ‘open happiness campaign and FIFA world cup promotional programs drove growth and increased reputation of the coke brands. Furthermore, the firm has continued to pursue sustainable developments in the environments and education funding through corporate social responsibility imitative. Structure of the organisation The firm has a well organized organic structure that consist of shorter and learner span of control that ensure timely decisions are met effectively. It has a simple matrix structure that consists of divisions led and driven by p rojects (Mintzberg, 1979; Glueck,1980; Gilbraith and Nathason,1978). The firm has a both decentralised and centralised. The corporate leaders of the company have delegated authority to a number of line and tactical managers in all their divisions around the world so that faster and timely decisions can be arrived. This translates into better quality of service delivery to their customers. Mintzberg (1979) argues that it is pertinent for a firm to centralise some certain policies, as centralising certain essential matters that deal with strategy and strategic options of the overall firm ensures that control is limited and controlled appropriately. These include product and market development. It has also centralised forms of policies and values that every stakeholder should adhere to in discharging their duties and responsibilities. Chandler (1962), Mintzberg (1979) and Glueck (1980) note that some essential matters that arise out of agency necessitate the corporate leaders to retain some authority and control to avoid misappropriation of powers for their own interest and at the expense of the firm.. This ensures uniformity in their systems, procedures and techniques so that productions techniques and tools are similar to maintain a brand name and reputation of the company. For instance, last year it was in a process of improving the quality of brands by pursuing a healthier diet campaign in the United States of America. It also instituted a number of promotional tools that boosted its sales volume and drove its global competiveness higher than 5 %(

Money and the Congressional Campaign Essay Example | Topics and Well Written Essays - 1000 words

Money and the Congressional Campaign - Essay Example This is indeed unrealistic but there are a number of speculations that may be used to analyze the narrative because there is no statistically observable linkage between spending and the likelihood of victory (Dubner Web). Candidates spending had much smaller effect in winning the elections than expected. This essay tends to ascertain the reasons behind the relationship between huge spending and likelihood of victory for the congressional candidates. According to Dubner the 2012 elections saw huge campaign expenditure achieving very little because it did not have discernable effect on the outcome of most races (Dubner Web). Historically, in the congressional elections, 90% of the incumbents seeking always win with more than 60% of the vote regardless of the challengers’ positions. Nevertheless, senators seeking re-election usually win with narrow margin compared to the house representatives due to the diversity of the states. Reelection always exposes the incumbents to vulnerab ility because of big expenditure in campaigns such as advertising, travelling more to their states and large staffing (Narayanswamy Web). Congressional candidates have been spending enormous sums on campaigns to win the elections particularly when the competition is very stiff and there is no incumbent running for re-election. There is always a belief when an incumbent is running for a reelection then any candidate from any party is likely to win and this greatly stiffens competition. In that case, there is a notion that a candidate who spends the most in the vacated seats especially in the House has a bigger chance of winning. Huge sum of money for congressional campaigns come from individuals pocket while 30% come from Political Action Committees that seek access to policymakers. PACs usually sponsor incumbents because they are likely to win since critics argue that the main objective of PAC is not to elect but to influence. Interestingly, high-volume does not guarantee victory re gardless of the belief that money buys challengers’ recognition and an opportunity to be heard (Lessig Web). Dubner explains that group of billionaires and privately owned corporations contributed more than $1billion on super PACs accompanied by wave of attacks through unrivaled ads yet the big spenders did not win (Web). Failure to return the senate to the GOP control by the Republicans was an evidence of a heavy spending with little achievement. It was unfortunate that the Republicans lost ground in the senate after pouring a lot of money in the campaigns including the House contest where the Democratic candidates won even after the Republican candidates outspent them in the final months. Interestingly, there were some cases where the Republicans were outspent but they won the elections (Narayanswamy Web). Senate contest in Virginia that involved Kaine and George Allen who spent almost $50 million from independent group but Kaine won comfortably and another failure of the b ig spending Linda McMahon in Connecticut after pouring more than $90 million. There are many other examples such as in the House where Re, Robert Dold of Illinois was outshined by Democrat brad Schneider after spending $1.9 million (Dubner Web). It was later clear that most of the targeted candidates failed and they blamed the super-Pac money for their disappointment. They lamented that most of their time in the race was spent on seeking money and focusing on defense instead of discussing issues (Lessig Web). It was unfortunate to see huger spending Republicans losing in the House elections while Democrats winning with little spending. Could it be a momentum from Obama or just another force that favored the Democrats and