Thursday, October 31, 2019
Gender Pattern Observation Article Example | Topics and Well Written Essays - 500 words
Gender Pattern Observation - Article Example As the essay states most men prefer sports like football while ladies go for table tennis, hockey and even athletics. Hobbies too vary in terms of gender as others are more inclined to ladies and others to men. If we look at recreation at home and away, ladies would prefer having a good time at home while men will go far away from their residence. It is also important to note that most women and girls always desire to be appreciated at all times for the works they do. Men and boys on the other hand have a strong preference of being recognized for their achievements in every sphere of life. From the research findings it is clear that there are some educational courses that are seen as a no go zone for women. In the past and even in the modern world, technical courses like Engineering are regarded as menââ¬â¢s courses. Some ladies and women have been discouraged from enrolling in them but interestingly, many ladies have proved to thrive in them as compared to men. Employers have also preferred women when it comes to job offerings, They argue that women are unreliable because it reaches a time that they require maternity leave and still expect to be paid as usual. Women have always been the ones taking care of their families as men go up and about working and having fun. The man is presently on the receiving end due and always expects the women to cook, wash and do everything for them.
Wednesday, October 30, 2019
Critical Thinking And Communication Essay Example | Topics and Well Written Essays - 1250 words
Critical Thinking And Communication - Essay Example To be precise, the presentation of information through the statistical method can make easier for the persons who have least knowledge about the statistical process to comprehend the findings and thus gain better insight to the issue concerned. Statistics is also considered as one of the crucial supporting tools in planning for the organizational progress for government owned institutions as well as for private institutions. In this modern competitive world, planning is regarded as the most important aspect for developing the different levels of the organizations involving production processes, investment decisions, pricing of the products and/or services, supply chain management initiatives, and so on. Hence, the statistical method signifies the proper estimation of the previous records along with represents the graphical portrait assisting virtuously to take the initial decisions related to a particular issue (Calem & Longhofer, 2002). With the increasing demand for innovation and development of the existing commodities used for human activities and initiatives with the virtues of technology, the significance for statistical methods are also observed to be at increase. It is due to this fact that statistical measures are observed to assist the research and development groups engaged with technology innovations as well as development to execute complex processes by a significant extent such as in the medical science, computer science and other segments which involve technology as an inseparable facet (Roberts, 2010) The Information Technology (IT) sector, in the current phenomenon, is observed to be highly influenced by the competitive movements taking place among the competitors. With this concern, the IT companies need to emphasize on... Furthermore, the statistical method is also considered to overlook the importance of qualitative data which again creates a constraint on the implication of statistics as evidence. Moreover, the statistical tools are often observed to provide an approximation to the obtained result rather than rendering a clear understanding of the issue researched. For instance, graphical representation developed through statistical processes are often observed to be based on scaling techniques such as Likert Scaling which renders an aggregate or rather approximation to the values perceived by the respondents. Hence, this indicates that statistical tools cannot be regarded as the sources of best evidence. With reference to the above discussion, it becomes quite apparent that statistics can be certainly considered as evidence for establishing a lucid understanding regarding a particular issue. However, it might not be categorized as the best available evidence to gauge the findings obtained as it is also identified to possess various limitations in terms of its methodical implementation process. Various aspects, thus, needs to be taken into concern while referring to statistics as evidence such as the relation or role of qualitative data in the issue identified, the source of statistics obtained as well as the consistency of the statistical method to identify and explore the required data. Conclusively, the method can be regarded as a complex one which requires additional effort to be signified as the "best form of evidence".
Tuesday, October 29, 2019
The US-Mexico Border Flow of Illicit Drugs Essay
The US-Mexico Border Flow of Illicit Drugs - Essay Example The major aim of this cooperation has been to create disruption for illicit drugs market in order to make the situation more difficulty for the illegal traffickers to manufacture and traffic the drugs to the US. The US has been providing the Mexican authorities with some projects and programs such as interdiction of shipment of cocaine which comes from South America, stemming the manufacture and carrying of opium poppy and marijuana. In addition to this it has come up with a program of controlling precursor chemicals employed in methamphetamine production (Los Angeles Times). Mexico, over the years, had decided to curb the problem with no support from the US. This sensitivity of national sovereignty created difficulties for the two nations to establish good coordination for the counter narcotics operations. Later in early 1990s there was some improved cooperation while in 1998, the two countries concluded this by signing the Bi-national drug Control Strategy. They have kept on cooperating to curb the flow of drugs across the border despite the challenges experienced (Luis). Despite the fact that the two countries have been putting so much effort to fight the flow of drugs from or through Mexico to United States of America through the US-Mexico border, thousands of tons of illegal drugs have still been flowing from Mexico into the USAevery year. There have been fewer cases of reported seizures of this illicit business in the border over the past years. 1.30 Justification Several challenges that the counter-narcotics face have prevented it from achieving its goals. One of the major problems is good cooperation and co-ordination between the two countryââ¬â¢s authorities. 's authorities. Creating this link would help to over come some of the barriers created in this war. This research seeks to find out some of the major challenges posses which prevent the authorities from attaining a zero tolerance to trafficking of drugs across the border and the solutions to them. 1.40 Hypothesis Being aware of the challenges and problems faced in the war against the flow of drugs across the border would help in understanding how to overcome them and eventually winning the fight against this vice. 1.50 Objectives 1. To find out whether the illegal drug have still been flowing to US across the border without being seized. 2. To find out the reasons why this drugs are flown in without being noticed by the counter-narcotics and the authorities 3. To suggest what the authorities of the two countries should do to improve the situation. 2.0 Literature Review There have been several efforts made by both authorities to cease the flow of illicit drugs. In 2000, the Mexican Authorities reported that the average amount of cocaine coming into Mexico which intention of transshipment into the United States of America has been estimated to be about 290 metric tons. The amount reported to have been seized in the US-Mexico Border is about 36 metric tons that year. The amount of quality marijuana as well as heroin manufactured in Mexico the same year is estimated to be about 9,400 metric tons per year for marijuana and about 19 metric tons for heroine. Reported seizures for marijuana is said to be about 2,900 metric tons for a year while for
Monday, October 28, 2019
Kudler Fine Foods Problem Statement Essay Example for Free
Kudler Fine Foods Problem Statement Essay The following is a problem statement explaining what is currently wrong with Kudlers plans on expansion, and how they can improve these plans. Introduction After reviewing the strategic plan for Kudlers Fine Foods it is obvious there are several issues that will stunt the growth and success of the organization. The company is suffering from a lack of management and poor organization planning. The issues that will be discussed are the poorly developed expansion and growth plans, and the lack of risk management in preparation of a competitor entering the market. Problem Statement The management at Kudler Fine Foods is planning on opening a new location when all of the current locations are not successful, and the company has not done a proper analysis of the need for their services in the area. Also Kudler is not prepared for factors that may decrease the profitability of the company, or factors that can contribute to the failure of a new location. Solution With the Del Mar location not producing profit as expected this is the location management should use to create a market research and analysis plan. By using this location they will be able to determine the factors that are hindering the success of this location and then develop ways to counteract those factors. The benefit is they will improve the business done at that location before opening a new location. By looking at factors like population, socio-economic status in locations surrounding area and health factors in the area can determine what the need are for the community. Management should also look to see where people are purchasing food in the community and what types of food and products are selling at the local grocery. If there are gourmet products selling out of the supermarket than that is a factor that needs to be accounted for. Once the market research is done Kudlers management can the focus on a risk management plan. Before a risk management plan can be established they must know what risk are out there and the market analysis and research will help the company determine what risk and challenges they face. Risk management is a part of a basic business plan, I see where threats are outlined in the strategic plan but there are no alternative plans to minimize each threat nor are there any plans for how to be competitive should a competitor arise. Kudler only considers other gourmet shops as competition they should also consider, grocery stores that sell gourmet foods a competitor. Then they should focus on how to maintain their existing book of business. If Kudler developed their website so customers could place orders online that would give them a way to expand while working on the risk management plans and the online based business would also help with the market research. A high concentration of orders coming from a specific location may be an indicator used to determine where to open a new store. Desired Resolution Kudler Fine Foods will be able to expand all facets of the business and have a risk management plan in place to counter act competition entering the market. Kudler will expand in to locations where they will be successful. Kudler will also have an effective and efficient model for future expansion and growth. Conclusion The goal of Kudler Fine Foods is expansion and growth while increasing profit and the current book of business. By doing the extra research and implementing a risk management program before opening a new location will increase the success of all three current locations and ensure the success of any future locations. It will also help Kudler organize and develop other facets of the business like the website. A little extra work goes along way and with the risk management plan in place and a new location market analysis model being used Kudler Fine Foods should be able to grow and meet all the organizations goals.
Sunday, October 27, 2019
Is an oligopolistic market structure an example of market failure?
Is an oligopolistic market structure an example of market failure? Introduction One constructive approach of categorizing a market is by dividing it in terms of the number of firms on the supply side of the market and the buyers concentration on the demand side. Oligopoly represents one of the market structure where there are a very few firms on the supply side and a huge concentration of buyers on the demand side. As the buyers cannot affect the market conditions, they are going to adopt it as such and the supplier will be busy in anticipating the rival behavior. Oligopoly looms large in industries of steel, petroleum, automobiles etc. Many industries can operate geographically as oligopolies. For example banking in a small town operate as oligopoly since there will be one or two banks in the area and the residents will be forced to take his business to the local banks.( Friedman, 1983) Oligopoly a complex market structure Oligopoly is virtually a big business. Under this market structure, the rivalry takes on its worst form. Product innovations, aggressive advertising and innovative marketing tactics are frequently applied to outweigh each other. Oligopolistic market structures are the most difficult to analyze as they are highly interdependent and interwoven, where moves and countermoves are taken rapidly. For example a simple action by Ford may lead to a reaction by General Motors, which in turn cause a readjustment in Fords plan, thereby modifying GMs response and so on. So anything can happen anytime in oligopoly. There are few models that highlight oligopolistic behavior. They are: Cartels A case arises in monopoly when all the firms attempt to promote interdependence and they all mutually agree to set price and output. The firms through their mutual coordination try to create a giant monopoly. OPEC (Organization of Petroleum Exporting Countries), is an example of a cartel platform. Price leadership and Tacit Collusion It is an arrangement in which one or two firms make an arrangement for the pricing for the entire firm. Other firms are forced to follow the same price pattern although no such agreement exists in the industry. For example: In the infant formula industry, Abbot laboratories, Bristol Myers Squibb and American Home Products deliberately set their prices closer to each other to dominate the industry. The Kinked Demand Curve This model elaborates the stickiness in pricing in an oligopolistic structure. It has been hypothesized in this model that if for example, a firm X lowers its price in an oligopolistic market, the rival will be forced to lower its price to in order to avoid the loss of its market base. The demand curve dd is thus the relevant curve in case of a price reduction. dHowever, if the firm X goes for a price increase, then the case wont be the same. The rivals will not imitate this time, and would continue to enjoy the customer support as they would flee the firm X products. In this case the demand curve would be DD. The firm then tries to remain in a segment of the elastic demand curve between dd and DD. The true demand curve is represented by DAd, known as the kinked demand curve which silently points out the fact heads you lose, tails you lose (Baumol and Blinder, 2009) D A Price 8 (Competitors prices are fixed) 7 D d (Competitors respond to price changes) 0 Quantity per year 1,400 1,100 1,000 Game theory and the Oligopoly Game theory has been formulated to understand the behavior of the firms in an oligopolistic market structure that do not work on a collaborated output and pricing. The underlying assumption is that the large bossy firms are like players in a game of poker. They make the moves of lowering or increasing the price, to advertise or not to advertise, to discount and so on, based on their rivals move. Understanding the payoffs can put a firm in a better position to compete with its rival and be in a profit maximizing and rational position. For example the game between two coffee shops is illustrated as below: C:Documents and SettingsAnumDesktop4th assignmentUnderstanding Oligopoly Behavior a Game Theory overview Economics in Plain English_filesgame-theory-1.jpeg Source: Welker, J. (2009).Understanding oligopoly behavior-A game theory overview. Available from: http://welkerswikinomics.com/blog/2009/12/15/understanding-oligopoly-behavior-a-game-theory-overview// According to the above figure, both San Francisco coffee and Starbucks is following a dominant strategy. They are working up to maximize their outcome through advertising, ignoring what their competitor does. If S.F advertises, Starbucks earns profit ($12 vs. $10) through advertising. This means the pay offs are the same. Since both firms are enjoying profit through advertising they will do so, though the total profits are less in case when both are advertising, as compared to when they are not advertising. But such a condition would be a condition of instability, as to advertise is likely to be beneficial for both. So we say that advertise/advertise is Nash equilibrium, as at this stage none of the firm is going to change its strategy since it is bringing incentive to both (Jason Welker, 2009). Market failure due to Oligopoly Keeping in view the above theories that tries to explain oligopolistic behavior, the market failure due to oligopoly can be attributed to a various causes. Inefficiency, instability and indeterminacy brought about by oligopoly may result in a market crash. The firms supremacy is established as the capacity is established more and more, but little is produced in order to create artificial barrier to entry. The competitors compete on the basis of non pricing factors such as heavy advertising, which gives more hold up to the artificial barrier to entry. Prices are well above cost and price discrimination prevails. Some of the firms also engage in self-regulation to preserve their own profits and market share that further detoriate the situation (Grewal and Kumnick, 2006). Oligopolistic firms output and prices substantially differ from what is socially accepted from them. It is also believed that the misleading advertisement by the large firms also misleads the consumers and compels them to buy products that they do not want. They impose political and economic power and hover over the mind of the consumers working like an invisible hand. Market Form Number of firms in the market Frequency in Reality Entry Barriers Public Interest Results Long Run Profit Equilibrium Conditions Oligopoly Few Produces Large share of GDP Varies Varies Varies Varies Source: Economics: Principles and Policy By William J. Baumol, Alan S. Blinder MC=MR applies for a profit maximizing firm, under equilibrium. However, in oligopoly, MC is usually unequal than MR mainly because in oligopoly the firms are seeking to adopt strategies in accordance with the game theory, or they look for techniques such as increasing sales for profit maximization as their ultimate goal. Conclusion In a perfectively competitive market place the behavior of the firms automatically lead to a maximization of consumer benefits through an efficient allocation of resources. In oligopoly however, resource allocation is usually is not well set, more focused is paid on restricting output in an attempt to maneuver prices and profits. In an oligopoly everything is possible, can happen anytime anywhere, so the economists are still unable to clearly predict its behavior. Besides, its ability to lead the market down, some economists are of the belief that oligopoly has made a significant contribution towards the economic growth in the past two decades resulting in an increase in the average income of the rich countries.(Baumol and Blinder, 2009). Question two What are the implications for management of businesses in such structures? Introduction Oligopoly is a market characterized by few firms. Managers of a firm in such a structure know that their firm enjoys a market power. But the other players also have their share of power too. If the managers take the right course of action, properly assessing the behavior of their rivals in the industry, they are likely to make a profit. Strategic behavior Strategic behavior refers to the firms ability of proper consideration of their market power and awareness of their rivals move. Strategic behavior occurs in oligopolistic structures where there is less product differentiation and a competitive industry exists (Taylor and Weerapana, 2009) Implication for the managers The most important implication for the managers regarding oligopoly is the pricing practice on the basis of mutual interdependence. In case of monopoly, the absence of competition enables the managers to follow the MR=MC role to maximize its profit. Simply following the MR=MC isnt just enough. Example Consider, for example the case of proctor and gamble, where the manager hires a consultant for the thorough analysis of the cost, structure and demand. After a detailed analysis of the structure of the body soap products, the manager follows the MC=MR rule and set the retail price at $1.99.In a sudden move, the competitors Colgate-Palmolive , Lever brothers etc set the price of the comparable product 10 to 15 below to that of proctor and gamble. What the manager is likely to do? Either he can go for advertising and heavy promotion to compete against the lower prices of the competitors or can lower its prices down. Or he can simple do nothing if he is confident enough of the strong loyalty that his brand enjoys among consumers. The point is that, that pricing in oligopolistic structure cannot be done without taking into account your competitor. This is the essence of mutual interdependence (Young and McAuley,1994) The second implication for the managers is to understand that it can be extremely difficult to make money in a competitive market. Firms are required to be as much cost efficient as possible because they cannot control the prices. The managers are supposed to be vigilant enough to be able to spot opportunities and enter the market before the others could enter. They should be able to make their place before the demand gets high enough to support an above normal price. A situation could arise in oligopoly, where the managers in a firm become so successful in beating up the competition that the firm turns into a monopoly, or the one that can exercise monopolistic power. Such a case happened with IBM when In 1969, the firm dominated the computer market so much so, that the department of Justice had to issue an antitrust suit against it (Keat, Young and Benerjee, 2009) Global implication for managers The managers should keep in mind that the process of benchmarking in an oligopolistic structure strategy formulation should be done keeping in view both domestic as well as the global competitors. For example AT T communications not only took into account Northern telecom but also Siemens, Ericsson and NEC and Fujitsu. Many of the firms that refuse to take challenge from the foreign firms are likely to face consequences. Like many American firms got a serious blow from their Japanese competitors in the past 20 years. Companies like IBM and Caterpillar enjoys success because they established a strong hold in the Japanese market well before time. The oligopolistic structure also highlighted the importance of alliance for the managers. Alliances enable the firm to acquire technology from the rival firm. Whilst the acquisition of the technology can be a source of benefit for the firm, the firm giving up the technology can face causalities ( Yoffie,1993) Conclusion The managers of an oligopolistic market structure have to take into account several aspects in their decision making. The managers are plunged into complex pricing decision. They take into consideration the three Cs of Cost, customers and competition in their decision making. Price wars were common in an oligopolistic market, but they are becoming less frequent with the passage of time, mainly due to the realization of the managers. Managers have understood, through their bitter experiences, that the price wars are costly and do not bring any benefits. They chose to compete on the advertising and on product variations. So they have chosen not to compete on prices and have found for themselves a path of mutual advantage.
Saturday, October 26, 2019
A Visit to the Hostess City of the South :: Personal Narrative Writing
A Visit to the Hostess City of the South In 1994 John Berendt whispered a tale of murder and scandal in a quaint Southern town that took the nation by storm. Berendtââ¬â¢s novel, Midnight in the Garden of Good and Evil spent more time on the New York Times Bestseller List than any other piece of fiction or nonfiction. This tale of a murder and other oddities which Savannah tucks away in itââ¬â¢s proverbial ââ¬Å"closetâ⬠takes place during the 1980ââ¬Ës and 1990ââ¬Ës. Upon reading this novel I became obsessed with the idea of visiting Savannah, and in 2002 I was able to make this obsession a reality. With a much needed Spring Break in sight, my boyfriend and I decided to take a weekend jaunt to the ââ¬Å"Hostess City of the Southâ⬠. After our classes were over and our bags were packed, we finally headed out of Tallahassee on the afternoon of March 8th. We traveled east on I-10 and drove the mind-numbing 166 mile stretch to Jacksonville. The sad thing about interstates is that they are generally bland with only an occasional view of different scenery. We breezed past the generic fields and even more generic patches of forest that characterize I-10 along the Florida Panhandle. Shortly after merging with I-95 north of Jacksonville the area surrounding the interstate morphed into swampland as we crossed the Nassau, and later St. Maryââ¬Ës Rivers. We whizzed by an abundance of saw grass and swamp cypress, which was a nice change from the pine forests of Florida. Another change that we noticed around Brunswick, Georgia was the gas pricesâ⬠¦only $0.99/gallon! Of course, we stopped to fill up and then proceeded to drive the ninety-five miles to our hotel in Hardeeville, South Carolina. Hardeeville was only fifteen miles from Savannah and we had a free hotel room there courtesy of a Ramada rewards program. The lax South Carolina laws on fireworks sales have made it a very lucrative business judging from all of the highway signs.
Friday, October 25, 2019
Alcohol on Academics :: essays research papers
Alcohol, when consumed in reason, can be fine. But when it is taken in great quantities it can be very detrimental to a student. Heather Wilson and Jeremy Foster wrote a perspective on drugs and alcohol in a book aimed to warn people about the dangers of alcohol and drugs. Here is there account. "During parents weekend, she, her roommate, and their parents went to her best friend's room and found her soaked in blood and tears on the dorm-room floor. Heather's friend had a history of depression, and the combination of this, a bottle of Jack Daniel's Black Label, and too much cold medicine left her ravaged and suicidal"(Kuhn 21). The girl in the story turned out to be ok. She had tried to slit her wrists the night before. The story went on to say that, "They found her in time to save her, but she will always carry the scars where she cut her wrists"(Kuhn 21). In this paper I intend to prove how alcohol is detrimental to college students. Our brain controls everything we do. Without it we wouldn't be able to perform the simplest of tasks It is one of if not the most important thing we have as a person. As a college student I rely heavily on my brain to help me with all of the assignments for my classes. But what if my brain didn't work properly? When alcohol is inputted into the brain, it induces many output actions such as; impaired judgment, extreme emotion, and slowed behavior (Alcohol and its effects). Not only are the short term effects enough to side track any academic student, but the long term effects could have serious implications on your life. Long-term effects include damage in cognitive behavior, difficulty in learning new material, deficits in abstraction, problem solving, and reduced visuospatial abilities (Alcohol and its effects). One of the long term effects listed was difficulty in learning. Now if you start drinking in high school, like most college aged students do, you already have a disadvantage against everyother person who choses not to drink. Researchers have found that the brains of alcoholics are smaller and have an increased number of brain tissue loss then a nonalcoholic(Alcohol and its effects). This would lead someone to believe that somebody who is the same age and does not drink would be faster and quicker in cognitive abilities(Alcohol and its effects).
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