Laws of Blasphemy and Human Rights Is there a modern connection Essay

Laws of Blasphemy and Human Rights Is there a cutting edge association - Essay Example At a moment that legitimate improvements have come to concentrate on the energy made by restored contention, the social and social importance of the offense and the lawful techniques have been addressed. Over the span of this paper, I have endeavored to analyze the law of obscenity in vulnerabilities encompassing the effect of secularization and social pluralism, which contribute it with extensive emblematic outcome. This brings to the front the ongoing recovery of sacrilege laws through an appraisal of the dumbfounding idea of its belongings, with specific accentuation on those challenges that have been postured for progressivism as a political way of thinking that attempts to control through a period of majority and agreeable co - presence. Thusly, the centrality of disrespect is identified with the topic of the status of religion in contemporary western social orders in setting of the suitable reaction of the legitimate apparatus of different nations, just as the contention that exists between the craving to excuse the offense and the longing to even out the assurance it manages. Further, as of late, there have been various records of the boundaries of the law which has started a basic investigation of its relationship to laws managing the neighboring regions of rebellion, profanity, shock to open goodness and offenses against open request. Along these lines, dispute over the eventual fate of the irreverence law emerges at the crossing point of a group of immovable discussions which have rendered the theme as incredibly delicate and difficult to pass judgment. It is currently basic to graph a concise history and development of impiety to comprehend the excursion of its advancement and how it has come to fruition to be related with Human Rights in the current day. Having initially been a piece of ordinance law, in the seventeenth century the offense of disrespect was announced a precedent-based law offense by the Court of King's Bench, deserving of the precedent-based law courts. From the sixteenth century to the mid-nineteenth century, obscenity against Christianity was held as an offense against customary law, aside from being utilized a lawful instrument to oppress nonbelievers, Unitarians, and others. Every contumelious censures of Jesus Christ, all profane laughing at the Holy Scriptures, and uncovering any part thereof to scorn or criticize, lastly all lewdnesses against God, including denying His being or provision, were deserving of the transient courts with fine, detainment, and flogging. In 1656, the Quaker James Naylor endured lashing, marking and the puncturing of his tongue by an intensely hot poker. A demonstration of Edward VI (canceled 1553 and resuscitated 1558) set a discipline of detainment for criticizing the holy observance of the Last Supper. Further, it was in the 1676 instance of Rex v Taylor, when the Lord Chief Justice Sir Matthew Hale expressed that Such sorts of disrespectful words were an offense to God and religion, however a wrongdoing against the laws, State and Government, and in this manner culpable in that Court.... Christianity is package of the laws of England and in this way to rebuke the Christian religion is to talk in disruption of the law. (www.google.com) Those denying the Trinity were denied of the advantage of the Act of Toleration by a demonstration of 1688. Generally called the Blasphemy Act, a demonstration of 1697-1698, expressed that if any individual, instructed in or having

5 Tips for Keeping Your Energy Up During the Week

5 Tips for Keeping Your Energy Up During the Week Joan Burge, work environment master composing for Office Dynamics, has a few hints for those of us who start Mondays brimming with vitality and excitement, however before the week's over end up battling interruptions and exhaustion. How would you prop that vitality up through Friday?  1. Build up a Work ScheduleTake a gander at the assignments you arranged for the week. Make a basic spreadsheet with time designated to every obligation you have. This will guarantee that everything is arranged out and you won’t wind up having next to zero vitality once Friday arrives.â 2. Rethink on Wednesday AfternoonWhat should be pushed higher on your rundown? What can be moved lower? What can hold up until one week from now or has ended up being unreasonable? Focus on sure you’re completing your top undertakings before moving to the Bs.â 3. Shake Up Your RoutineTreat yourself to a unique dinner or a night out with a companion or accomplice on Wednesday or Thursday; having somethin g to anticipate can liven you up as the week attracts to a nearby. Accept the open door to investigate chipping in, or sports, or music hobbies!Don’t go over the edge however feeling depleted or hungover on Friday will subvert all that insightful efficiency arranging. Arranging unique exercises on Saturdays may likewise assist you with fondling amped up for wrapping your work week.â 4. Get a Good Night’s SleepMaybe what causes Monday to feel so loaded with plausibility is the means by which rested you are after the end of the week. Get a full night’s rest mid-week to assist you with having enough vitality to control through.â 5. Do Some Self TalkBurge suggests aggregating some persuasive expressions or mottos on Mondays. At that point, check in with those on Wednesday and Thursday. Encouraging statements while you’re in a tough situation may give you that additional push toâ end the week on a high note!Finally, talk with your associates about their tec hniques, converse with your boss if you’re simply ending up over-burden, and remember†¦ you’re just human!

An Outline of Analytical Psychology Essay Example

An Outline of Analytical Psychology Essay Example An Outline of Analytical Psychology Essay An Outline of Analytical Psychology Essay Article Topic: Explanatory Explanatory Psychology is the school of profundity mental science dependent on the finds and develops of Carl Gustav Jung. Jung gave the broadest and most complete situation of the human brain yet accessible. His Hagiographas incorporate a completely evolved hypothesis of the development and kineticss of the brain in the two its cognizant and oblivious aspects. an intricate hypothesis of character types and. a large portion of import. a full depiction of the all inclusive. native pictures concluding from the most profound beds of the oblivious brain. These native pictures are called firsts of the corporate oblivious. The last find has empowered Jung to delineate striking analogs between the oblivious pictures created by people in dream and vision and the cosmopolitan thought processes found in the religions and legends all things considered. The develop of the corporate oblivious gives systematic mental science an additional measurement in contrasting and different schools of psychotherapeutics. It takes the hypothesis and example of psychotherapeutics out of the sole realm of anomalous brain research and relates it to the entire history of the advancement of the human brain in the entirety of its social indications. The example of investigative mental science in this way becomes non just a treatment for neuroticism yet close to a strategy for mental improvement material to ordinary and predominant people. A theoretical. hypothetical introduction is unfamiliar to Jung who at any point endeavored to indict the reaction of the entire grown-up male. non only the brain. This introduction ought to thusly be perceived as close to a planar investigation of a 3-dimensional world. Charisma: The clairvoyant vitality that coordinates and rouses the character is called moxie. Intrigue. joining in and push are largely looks of charisma. The charisma put resources into a given point is demonstrated by how very it is esteemed. Charisma can be changed or dislodged however non crushed. On the off chance that the charisma appended to one item vanishes. it returns somewhere else. Charisma is the dynamism of the existence method showed in the clairvoyant area. The hypothesis of charisma is firmly associated with the law of antonyms. The methodology of the brain rely upon a strained quality and transaction between inverse shafts. On the off chance that one side of a support of antonyms turns out to be excessively dominating in the character. it is probably going to transform into its opposite. This is called enantiodromia. A nonreversible witting mentality constellates its antonym in the oblivious. See Jung’s take a stab at Psychic Energy ( 1 ) . Mental Types: Analytical mental science recognizes a few mental sorts. These allude to inborn contrasts in demeanor which cause people to appreciate and react to life in various habits. There are two disposition types. the outgoing individual and the loner. The outgoing person is portrayed by an inborn tendency for the charisma to transition outwards. connecting the individual with the outside universe. The outgoing person obviously and unexpectedly gives most prominent inclusion and incentive to the article †individuals. things. outer accomplishments. and so forth. The individual in question will be generally comfortable and effective when working in the outer universe and human connections. what's more, will be ungratified and sickness at ease when completely without entertainment. Having little connection to the inside universe of abstraction. the outgoing individual will shun it and be given to deplore abstract worries as bleak or childish. The thoughtful person is portrayed by a tendency for the charisma to transition inwards connecting that person with the abstract. inside universe of thought. phantasies and emotions. Most noteworthy inclusion and worth is given to the theme †the inside responses and pictures. The contemplative person will work most sufficiently when liberated from power per unit region to suit to outer fortunes. The individual in question lean towards their ain organization and is saved or awkward in large gatherings. Both thoughtful person and outgoing individual have the deformities of their qualities and each will in general disparage the other. To the outgoing person. the thoughtful person seems self absorbed and retaining of himself. To the self observer. the outgoing person seems shallow. timeserving and double-dealing. Each individual has the two tendencies. be that as it may, one is ordinarily more evolved than the other. As a support of antonyms they follow the statute of antonyms. Along these lines. an over the top. nonreversible highlight on one disposition is probably going to take to the outgrowth of its antonym. The antonym. by the by. since it is lacking and uniform. will glance in a negative. oil and unadapted signifier. In this manner the most extreme social butterfly will go a survivor of negative mediocre invagination in the signifier of melancholies. The most extreme thoughtful person is probably going to hold scenes of urgent extroversion which are oil. incapable and unadapted to external world. In add-on to mentality types. we other than recognize four guide types. The four essential mental maps are accepting. feeling. esthesis and instinct. Believing is the sound ability to development and blend unmistakable informations by offices of theoretical speculations. Feeling is the guide which decides esteem. The guide esteems and advances human connections. Sensation is that map which sees and adjusts to outside world by means of the faculties. Instinct is characterized as perceptual experience by means of the oblivious. that is. the perceptual experience of portrayals or choices whose start is dubious. These four maps orchestrate themselves into two supports of antonyms: thought †feeling and esthesis †instinct. Albeit each individual has every one of the four maps conceivably available to them. in fact one guide is regularly more to the full created than the others. This is known as the unrivaled guide. The one least created is the 1 that is generally rough and oblivious †the substandard guide. Frequently a second guide will hold accomplished impressive improvement which moves toward that of the unrivaled guide. This is an auxiliary guide. Since any of the four maps might be predominant. we have the chance of four guide types: the idea type. encountering type. esthesis type. what's more, natural sort. The idea type is discovered more as often as possible in work powers than in grown-up females. The accepting type’s mental life is concerned for the most part with the innovative action of normal articulation and the alteration of all educational experience into these signifiers. To the evaluation that the individual is related to the idea guide and unaware of different maps. the idea will be given to be bossy and confine the full understanding of life. Since feeling will be the substandard guide. its qualities will persevere through the most disregard. Human connections will be quickly relinquished in the event that they meddle with the feeling articulation. The inclination type is discovered more as often as possible in grown-up females than in work powers. The turn of events and nutriment of individual connections is the significant reason. An affectability to human requests and an eagerness to run into them is its remarkable trademark. It discovers its most noteworthy fulfillment in reverberation with others. In its outrageous. this guide type can be disagreeable in its unnecessary emphasize on close to home issues. Since thought is the mediocre guide. its ability for unique. unoriginal decisions will be ignored or denied. Thinking will be acknowledged just insofar as it plays a docile capacity to the inclusions of encountering esteems. The esthesis type is portrayed by the top of the line variant to basic. dull world. The person in question is substance to partner to life on its most basic footings without subtlety. examination or inventiveness. The esthesis type seems steady and rough however may miss originative gleam. Vision and creativity. which could mitigate this terrestrial area. are stocks of instinct. which is the sub-par guide of this sort. The esthesis type. truth be told. will habitually belittle instinctive looks as unreasonable phantasies and subsequently be denied of seriously required raise now and again of mental profundity. The natural sort is propelled essentially be a consistent conduit of new dreams and conceivable outcomes. gotten from dynamic instinct. The new. the bizarre and the distinctive are an invariable allure. The person in question as often as possible sees obscure associations between things which appear to be isolated and random. The instinctive head plants in rapid jumps. which is some of the time difficult for others to follow. When requested to proceed with all the more simple. the person in question is arranged to go restless. conceivably sing listeners delayed in doing associations. This type’s bombing lies in its second rate esthesis map. The relationship to world might be hapless. The troublesome work required to pass on a chance into fact or to do an instinctive glimmer all things considered acknowledged appears to be unnecessarily oppressive. The individual in question may remain misconstrued with infiltrations. which on the off chance that they are to endure organic product. must be persistently evolved by others. The guide types are once in a while each piece positive as would look by these depictions. Ordinarily the advancement of an auxiliary guide will relax and adjust the fresh highlights here portrayed. In add-on. we have a farther entanglement. Fitting to the disposition type. every one of the guide types may hold either a reflective or a social butterfly direction. In a perfect world. every one of the four maps ought to be accessible to the individual so as to hold a total reaction to life experience. It is one of the parts of the bargains to pass on in to cognizance and to help the improvement of the sub-par lacking maps so as to approach clairvoyant respectability. Numerous battles in human connections and contrasts can be comprehended through the hypothesis of mental kinds. For case. Jung has clarified the contrast between the mental hypotheses of Freud and Adler on this balance. Freud’s hypothesis is concerned mostly with the individual�

European & Equity Law of UK Essay Example | Topics and Well Written Essays - 2000 words

European and Equity Law of UK - Essay Example The Treaty commits UK to enact in accordance with the global law in making sure about widespread human rights it conceives. The Treaty additionally settled the European Court on Human Rights (ECtHR) to give singular British residents an intrigue alternative for the individuals who feel that their privileges have been damaged under the neighborhood law (Davies, and Virgo, 2013). All things considered, numerous UK residents have documented their interests at the Strasbourg Court, with a dominant part of the cases being chosen in support of them and in this manner heaping more weight on UK government to make progressively liberal laws. Such EU Decisions incited the UK parliament to pass the Human Rights Act 1998, which has been in actuality since 2000. The Act is esteemed as a neighborhood impression of the human rights arrangements under the EU Convention, which the Labor government guaranteed the voters in 1997. The taming of the EU law ostensibly guarantees equity by restricting the expense and time of pursueing equity at the Strasbourg Court. The HRA Act 1998 additionally forced a commitment on the nearby UK courts to embrace the points of reference set by the ECtHR while pondering comparable cases in a way that clarifies the gigantic impact on neighborhood law. If nearby courts and parliament can't help contradicting the universal law, UK would be considered as neglecting to defend singular rights. All things considered, I trust UK would be making careful effort to fight off contentions that it is in absolute infringement of its universal obligations under the arrangement. The ECtHR has in it its decisions endeavored to make agreement with nearby state components by guaranteeing that its decisions are adaptable under the standard of edge of appreciation. When giving its decisions on cases, this standard gives expresses some opportunity in upholding human rights dependent on their redid needs. In any case, this has been lacking on the issues where London distinctly is in strife with the ECtHR choices. In the ongoing past, UK’s government has been in

Legalization Of Weed Essay -- essays research papers fc

Unlawful medication use is a significant issue on the planet today. Million of dollars are spent ever year to forestall the dealing and dispersion of these medications. For all intents and purposes all Drugs is carried into the United States hid in bogus compartments, fuel tanks, seats, feels worn out on private and business vehicles, pickup trucks, vans, manufactured houses, and pony trailers. Huge shipments as a rule are pirated in tractor-trailer trucks in bogus compartments and among genuine mass shipments, for example, rural items. The legislature has conceived approaches to eliminate drugs. However the medication emergency is more prominent today then ever. Weed is one the most generally utilized unlawful medication. In the course of the last multi year the administration has disparaged Marijuana. In this paper my goal is it to outline the advantages and disadvantages of Marijuana use, just as to demonstrate that pot ought to be legitimized, managed, and burdened simply like ci garettes. Maryjane, likewise spelled Marihuana originates from the Indian hemp plant, cannabis sativa. It is an unrefined tobacco like substance created by drying the leaves and extravagant top of the cannabis plant. It is placed into pipes or framed into cigarettes (reefers or joints) for smoking. As of late, it has showed up in stogies called blunts. Lester Ginspoon composes, "The medicate is a mellow psychedelic drug implying that it misshapes tangible recognitions. Maryjane is known by an assortment of names including pot, tea, grass and weed (112)". Pot can likewise be added to nourishments and refreshments. The inebriation part of the plant lies for the most part in its solid smelling, clingy, brilliant sap. Gabriel Nashas composed, "The hemp blossoms, particularly those of the female plant, give this smell off." (Ginspoons 214). Numerous clients depict two periods of maryjane impact as starting incitement, energy, and happiness, trailed by sedation and wonderful serenity. Mind-set changes can frequently go with modified impression of reality of one's substantial measurement. "The hemp plant can be discovered developing as a weed or as a developed plant all through the world, in numerous dirts and atmospheres, with the more powerful assortments created in dry, hot, wasteland"(lord 35). Maryjane differs in strength, contingent upon where and how it is developed and arranged for use or put away. In the book employments of Marijuana it Solomon Snyder states: Dynamic fixing, tetrahydrocanabinol (THC), is available in all piece of both male and ... ...control their own bodies. Decriminalize drugs, help the individuals who need it, and let the police invest their energy shielding us from genuine wrongdoing. We as a general public need to have an increasingly receptive outlook on this home grown stubstance Reference index Grinspoon Lester. Marihuana Reconsidered. Cambrige: Harvard University      Press, 1971. Lail, Bernard M. Maryjane, Friend or adversary. Nashvile: South Publishing      Association,1979. Linkletter, Art. My Child a Drugs?. Ohio: Standard Publishing, 1981. Ruler, Jess R. Cannabis and character Change. Lexington: Health Lexington      Press, 1972 Nashas, Gabriel G. Keeping off the Grass. New York: Rader's Digest Press, 1971 Rudolph, Barbara."Ganja." Time 7 July 1986: 46-47 Snyder, Solomon H. Employments of Marjuana . New York: Oxford University press,1971 Turner, Carlton. Maryjane. New York :Academic Press 1973.      NA "Marijuana restriction in the 90's". Jan. 1997      State.gov/www./worldwide/narcotics_law/index.html NA, "A new disposition on old drug" May. 2000      :www.weedsmart.org/min.

Essay sample dedicated to black holes

Essay sample dedicated to black holes During the past several decades, major scientific discoveries in astronomy and astrophysics were made that changed the way people perceive space and universe. Many space objects and phenomena were discovered including exoplanets, extrasolar planets, gravitational waves, and so on (Hill, 2010). Moreover, scientists have been interested in collecting information about black holes â€" mysterious and dangerous space objects possessing massive gravitational attraction. The main characteristic of this extraordinary object is that it possesses a huge amount of mass concentrated in an extremely small area. Due to this unique feature, a black hole can devour all objects near it including light, which is why people cannot see them without special telescopes (Anderson, 2015). In this essay, I intend to describe these amazing space objects in detail by focusing on their types, structure, and processes occurring inside them. Research on Black Holes The first questions I will answer in this essay are “When were black holes first theorized?” and “Who discovered black holes?” Interestingly, although only advanced equipment allows finding a black hole in the immense outer space, the first theories about this object were made back in the 18th century. Amateur astronomer John Mitchell used Newton’s research on gravity and suggested that there should be incredibly dense celestial objects that are able to escape velocity equals (Waxman, 2017). Although his suggestions were later supported by the French scholar Pierre Laplace, the scientific community did not take them seriously because no one could even imagine that such an extraordinary thing can exist in the universe (Rau, 2015). Even genius Albert Einstein doubted whether black holes actually existed and argued that they were no more than a figment of the imagination of enthusiastic mathematicians and astronomers. With the advancement of technologies, researchers managed to collect much evidence proving that John Mitchell was right â€" black holes exist, and they are as real any other celestial object. Although it is impossible to take a picture of a black hole to prove its existence, researchers can learn where exactly it is located by exploring how it affects the nearby environment. More specifically, scholars have explored how black holes devour light, dust, and astronomical objects, as well as how they interact with galaxies (Rau, 2015). These objects are surrounded by the discs of material that spin around them so fast that they emit X-rays, which can be easily detected by telescopes (Anderson, 2015). As the technology develops further, we can learn more about these magnificent objects, so one may suggest that the most groundbreaking discoveries are coming soon. Black Holes: Description and Black Holes Facts At this point, I would like to explore black holes in detail to learn how black holes are formed, what is inside a black hole and how these objects differ from each other. Researchers explain that when giant stars reach their final stage of development, they explode in the impressive phenomenon known as a supernova. As a result, these stars begin to collapse in upon themselves, creating the powerful gravitational pull (National Geographic, 2017). Notably, although black holes devour energy, the amount of matter they can pull inside cannot be larger than their own mass. When an object approaches a black hole, it needs to reach the point of no return, which is the point from which it cannot escape from the hole’s gravitation (National Geographic, 2017). Furthermore, researchers have been concerned with answering the question “How large can the volume of a black hole get?” Theoretically, one may assume that such an object can continuously devour matter and ultimately destroy the whole universe. However, it is practically impossible, so the largest black holes can only reach the mass ten billion times the mass of our Sun (Plait, 2016). “How do black holes grow?” is another question attracting scholars’ attention. Research and theoretical findings demonstrate that these celestial objects can grow over time by consuming energy. However, it would be wrong to claim that they are similar to large vacuum cleaners that suck everything around. In fact, researchers argue that if a black hole with the same mass as our Sun replaced it, it would not devour this planet, and all planets would continue to revolve around it as they did with the Sun (Waxman, 2017). It is also incorrect to think that black holes are immortal because scientists also proved that they can seize to exist over time (Siegel, 2014). So how do black holes evaporate? This question is difficult to answer in several sentences because evaporation is associated with complex physical and chemical processes that may complement each other and produce a powerful effect. Briefly speaking, although black holes indeed devour objects, they still emit some energy, which can gradually decrease black holes’ mass, thus leading to their gradual disappearance (Siegel, 2014). Moreover, one needs to note that it is still unknown what is inside a black hole because scientists can only imagine how such a unique fabric of spacetime can look like. Finally, one needs to describe the classification of black holes. There are three main types of black holes including stellar black holes, supermassive black holes, and miniature black holes, which differ depending on the star they evolved from, as well as their age. For example, miniature holes have evolved from stars much smaller than our Sun. These types of black holes affect their environment differently, but the principle of their existence is similar. To conclude, black holes are indeed extraordinary astronomical objects that have fascinated and frightened people from the day of their discovery. Scholars have managed to learn more about these celestial bodies, but there are surely many things we still do not know about them.

Raising Gasoline Price and Oil Spill - 1100 Words

Raising Gasoline Price and Oil Spill (Essay Sample) Content: Raising the Price of Its Gasoline to Cover the Costs of a Huge Oil SpillNameInstitution: Raising Gasoline Price to Cover the Costs of a Huge Oil Spill Introduction In the oil industry, most of the basic oil byproducts such as gasoline are a result of refined crude oil. Consequently, the profits earned by oil companies also depend on the amount of crude oil mined and the costs incurred during extraction and refinery of the oil. In this case, oil companies have to ensure that they incur minimum cost in order to earn maximum profits. In the recent years most oil companies have suffered huge losses due to costs incurred as a result of oil spills. In this case, the best options to counter the costs would be prevention of further oil mining or increase in the price of the available oil stocks. One of the byproducts of crude oil that is widely used and could earn huge profits for an oil company is gasoline. However, increasing the price of gasoline would also have negativ e implications on the company. Hence a company should not increase the price of gasoline after experiencing an oil spill since the company may end up jeopardizing its position in the market.Background During the 2010 BP oil spill in the Gulf of Mexico it was estimated that 210000 gallons of oil were spilling daily. This translated to a daily loss of 430,000 dollars for the company while excluding losses that would be incurred in cleaning up the oil spill. Out of the 210000 gallons of oil lost daily 115000 gallons consisted of gasoline. In this case, the losses incurred were huge which lead to an increase in the price of oil by $3 per barrel (Wesley, 2012). However based on the high costs incurred daily due to the spill, halting the oil extraction process and sealing the leakage would have prevented more losses regardless of whether the price of oil was increased immediately. In this case, with regards to Exxon Mobil the oil company is also likely to face a similar situation in the e vent of an oil spill. Concept Pros Since the oil market is influenced by suppliers a company would risk being disadvantaged if it raised its oil price independently. For instance, the Organization of the Petroleum Exporting Countries which is the most significant oil trade organization requires a minimum of price 100 dollars per oil barrel (Konrad, 2012). In this case, since oil trade organizations can set the minimum price sale for a barrel of oil they can also restrict unwarranted increase of oil prices. In this case, it would not be advisable for Exxon Mobil to increase its oil prices. Despite the fact that elasticity of demand for oil is low the supply of oil can be highly influenced by oil trade organizations. Consequently, if Exxon Mobil raises the price of gasoline other oil refiners may maintain the same prices for their products which would increase their supply. Hence Exxon Mobil would be in a difficult position to break into the supply chain. This is due to the fact tha t individuals supplying the Exxon Mobil gasoline would be prompted to incur high costs of supplying unlike suppliers of rival refiners. As a result, Exxon Mobil would end up losing out on the profits since suppliers of Exxon Mobil products may end up demanding compensation for high cost of supplying. Similarly, the supply of oil and its price are also influenced by the politics. This is due to the fact that the sale and purchase of oil within a country has a huge influence on the international trade of the country (Konrad, 2012). In this case, if an oil company such as Exxon Mobil may raise its gasoline prices due to an oil spill, the company may end up facing a lot of political resistance. Based on the degrading environmental effects of oil spills, the company may risk being branded to be profit oriented as opposed to conserving the environment. As a result increase in prices may end up not being effective. Consequently, the low price elasticity of demand for gasoline is based on t he fact that consumers demand more gasoline than the gasoline produced. However, this is due to the fact that oil production is regulated by oil trade organizations in order to avoid overproduction of gasoline and other crude oil by products (Konrad, 2012). In this case, an increase in the price of gasoline by Exxon Mobil may coincide with an increase in production levels set by the oil trade organizations. In this case, the competing oil refiners may be given the mandate to mine more crude oil which would result to an increase in the production of oil. This may lead to an increase in the supply of oil and hence the high demand for oil would be catered for. Consequently, if the consumers realize that there is adequate gasoline in the market the consumers would end up searching for the best price deals. As a result, consumers would end up avoiding the gasoline sold by Exxon Mobil since it would be more expensive.Opposing Points of View On the other hand, in order to recover the loss that arises as a result of oil spills a company should be in a position to recover the costs incurred. In this case, most oil companies should exploit the fact that the current oil market is influenced more by d...

Investment and future profits for companies - Free Essay Example

Sample details Pages: 3 Words: 1032 Downloads: 3 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? Investment is the use of capital in a particular activity in order to achieve a future profit and therefore the assessment of investment to the investor based on a comparison of the expected returns of the investment with the cost of funds invested. To study the investment options to be decision-makers (the investor) analysis of the characteristics and components of each alternative and of the following elements: 1-Cost of the investment. 2-period of investment. Don’t waste time! Our writers will create an original "Investment and future profits for companies" essay for you Create order 3-Flows generated from investing in a lifetime investor. Thus, the investment will be economically viable if the total of cash flows achieved during the investment is higher than the cost of the investment by the victimized. There are many criteria, indicators as tools used trade-off between investment alternatives and the investor can resort to a single criterion or set of standards, which depend on the decision to accept or reject the investment value of the index used, and the most important of these indicators: Investments ratios: There are different ratios designed to assistant investors for assess the returns on the investments .which divided into 4 ratios: 1- Dividend payout ratio. 2-Dividend yield ratio. 3-Earnings per share. 4-Price-earnings ratio. In addition to above, there are some methods used as tools to evaluate investments. There are four methods used by investors to evaluate investment in the company that are: 1-accounting rate of return (ARR) 2-payback period (PP) 3-net present value (NPV) 4-internal rate of return (IRR) This research will focus on the most important 2 ratios, which are: 1- Earnings per share and dividend per share ratio. 2-return on equity. Especially with many problems and disadvantages related to others methods such as: 1-problems with ARR: With used ARR, it almost completely ignores the time factor.- ARR create problems when considering competing investments of different size.- -ARR use of accounting profit. However, cas h flows rather than accounting profits are Important. 2-problems with PP: PP is not concerned with the profitability of projects but with payback period. -ignore cash flows which arising beyond the payback period. Avoid the practical problems of forecasting cash flows over a long period.- Does not provide a means of dealing with the problems of risk and uncertainty. So, why NPV is superior to ARR and PP? Because NPV fully takes account of each of the following: 1-the timing of the cash flows. 2-the whole of the relevant cash flows. 3-the objective of the business. Why NPV? Because it is provide different important points helps investor to assess dictions investments which are: 1-considers all of the costs and benefits for investment opportunity. 2-makes a logical allowance for the timing of this cost and benefit. 3-related directly to shareholders wealth objective. RAM Holding: Rate of Return on Invested Capital: 1- And can be calculated in many different ways as follows: Rate of return on equity = profit after interest and dividend preference shares / ordinary share capital + reserves. Profit after interest and dividends/ Rate of Return on Invested Capital = share capital + share premium account + share option reserve + revaluation reserve For 2010 : profit for 9 months 2010 = (56,265-19,022) / (672+351,578+61,474) =37243/413724=0.09 2009 = (40,439-28,961) / (672+351,578+61,474-155) =11478/413569=0.03 2008= (43,592 26,383) /(672+35,578+61,474 285)=17209/97439=0.18 2007=( 35,250 18,547 ) /(672+351,578+61,474 214)=16703/413510=0.04 2006= (48,156 -12,367) /(695+449,195+61,474 544)=35789/510820=0.07 The profit after tax is the most accurate because the administration is seeking to reduce the tax, however, some of the allocations of deferred taxes may be subject to the rule of personal, so, and the rate of profit before tax is more objective. There is another rate of return on invested capital is: Overall yield = Operating profit / capital + reserves + Loan Operating profit/capital shares + reserves + loans overall yield= 2010 =72,713/ (672+351,578+61,474+0) =72,713/413724=O.18 2009 =45,614/ (672+351,578+61,474-155+0) =45,614/413569=O.11 2008=59,943/ (672+35,578+61,474 285 + 0) =59,943/97439=0.62 2007=39,694/(672+351,578+61,474 214 +0)=39,694/413510=0.096 2006=49,248/(695+449,195+61,474 544+0)=49,248/510820=0.096 Earnings per share EPS: 2- EPS is used as a measure of profitability and thus the increase in earnings per share is a good sign is also used to calculate the earnings per share relationship between profitability and share price, known as multiplier profitability. Earnings per share = Earnings available to Ordinary Shareholders / Number of Ordinary Shares. For 2010:Earning for 9 months Earnings per share 2010=56,265/1,348,277,000=4.3 2009=40,439/1,344,055,696 =3.11 1,344,055,696=3.39 43,592/ 2008= 2007= 35,250 /1,344,055,696 =2.59 2006= 48,156 / 1,389,907,834 =3.43 Determinants of earnings per share: 1 The case of high prices increase: the profitability of the shares increase when profit increase. 2- Earning per share based on the earnings number is a measure influenced by the elements affected by the decision profit such as depreciation. 3 You should not use profits as a measure of a single level of performance. 4 Cannot use earnings per share basis for comparison between companies because the number of shares issued to each company is not linked to capital invested. 5 The earnings per share represent the historical value, although used to prepare the outlook for the profitability ratio multiplier. EPS related the earning generated by the business and available the shareholders during a period to the number of shares in issues. The trend in EPS over time is used to help assess the investment potential of a businesss shares. Per share dividend: = Dividend Number of Shares. PSD For 2010 : dividend for 9 months 2010 =19,022/1,348,277,000 =1,4 2009 =28,961/1,344,055,696 =2.42 2008= 26,383 / 1,344,055,696 =2.20 2007= 18,547/ 1,344,055,696 =2.00 2006= 12,367 /1,389,907,834 =1.00 Linking with the payback through which the investor can determine the period of recovery of initial investment by the company and the less period is the better for the investor. To emphasize the relationship between returns and risks for the investor positive relationship. The Authorized share capital of the company is 2,200,000,000 ordinary shares of O.O5 pence each Buyback programme in July 2005 Main competitor: Intel Accounting Policies: The preparation of consolidated financial statements in conformity with U.S Generally Accepted Accounting PrinciplesGAAB. Report Accounting Standards: -In June 2009, the Financial Accounting Standards Board FASB issued new standards for the accounting for transfers of financial assets and are effective for Intel in the first quarter of 2010 beside many adoption in standards from FASB and some of them effected to Intel and other will effect in 2011. Products depend on market share in 2009 Main Microprocessors Chipsets Motherboards Platforms ARM Holding The consolidated financial statements prepared in accordance with International Financial Reporting Standards IFRS as adopted by the EU (UK GAAB for the company) and from 2006 the company applicable reporting under IFRS. Summary of accounting policies: IFRS 8Operating Segments IFRS 7 Financial instruments: Disclosures IFRS 2 Share-based payments Products depend on market share in 2009 Main Mobile Phones = 75 % market share. Hard Disk Drives = 65% market share. Digital TVs and Mobile computers = 25% market share. Microcontrollers Microprocessors= 5 % market share.

Rosa Lee Story - 866 Words

The Rosa lee story Rosa Lee gave dash full access to her and her family life for four years, because she thought someone could learn from it. Rosa was born in Washington and was living a low class life, and often looked down up on for it . Rosa lee was brought up in a single parent house hold and when she entered jr. high her dad died. Rosa mom often struggled to take care of her and her siblings. Her mother gave birth to twenty-two kids, but only eleven survived. Rosa and her mom never saw eye to eye and when she got pregnant at the age of thirteen it didn’t make their relationship any better. At the age of fourteen she had her first prostitution experience for five dollars, she told her customers at work that if they were†¦show more content†¦They had honest jobs like bus driving and had their own cab services. Her brother and sister choose a different path because they seen and knew the struggle that their mom and sister Rosa had to deal with. Seeing Rosa life its self made you want to do right. Eight kids, having to steal, selling and using drugs and being back and forth in jail made you want to do right. Rosa didn’t start selling drugs with the intent to use them, it just happened, she thought selling marijuana and heroin was a quick way to get money and keep her welfare, but when she started she couldn’t quit she was using two fourty dollar bags a day. She said that when she used the drug it gave her courage. Rosa could do and say anything when she was high. Rosa and her siblings used drugs and broke the law because they were not taught any right from wrong . They had such a rough childhood and at this time they didn’t know any better, they were young when they started. Even Rosa kids started taking different paths at very young ages. They didn’t go to school because she didn’t make them. Rosa did drugs in front of her kids and it made them want it. Her one and only daughter Patty started using drugs at the age of thirteen and was rapped several times by relatives while Rosa was incarcerated, which is why she said she hated males and on top of that she was prostituted by her mom. Her son Ronnie started using drugs at the age of fifteen,Show MoreRelatedFighting For Equal Right Essays754 Words   |  4 Pagesfor white to treat black drastically. Resentment slowly grew among members. In 1950s to 1970s, many different activist sparked a Civil Right Movement. The activist who participates in the ignition of the civil right movement are Rosa Park, Emmett Hill, and Harper Lee, their contribution had unleashed the long suppressed hate within the people, and their effort also builded a strong bond between each other. He was the most beautiful baby in this world. Mamie said. 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However, The Help by Kathryn Stockett represents segregation/Civil Rights Movement as the backdropRead MoreHidden Figures By Margot Lee Shetterly Segregation / Civil Rights Movement1402 Words   |  6 Pagespeople were given poorer treatment than white people, and everything was segregated, from buses to schools to water fountains/bathrooms. Segregation was portrayed in two books. The book Hidden Figures by Margot Lee Shetterly represents segregation/Civil Rights Movement as a nonfictional story about three black woman who strive to be in the engineering field at the Langley lab and what it takes for them to get there. However, the book The Help by Kathryn Stockett represents segregation/Civil Rights

Pestel Analysis on China - 1481 Words

Political factor: If Nike wants to open international market such as China, the company would get disadvantages because every country will protect and priority for its domestic products. So, the company must find out exactly these requirements that the country require in Nike to overcome these barriers. International trade regulations The trade regulations in China are formulated in accordance with the Foreign Trade Law of the Peoples Republic of China in order to maintain foreign trade order and fair competition and to protect domestic industry. In 2011, Nike has difficulties to highlight the deep problems businesses face in manufacturing in China, particularly at a time of sharply rising costs and a stiffening legal environment.†¦show more content†¦Employment laws Nike is also finally introducing minimum wage to all Nike employees as well as full health care benefits. China is ranked number 144 on the World Health Organization’s health system list. (America is number 37). Full health benefits would be an excellent advantage to many workers in China. It is within Nike’s best interest to maintain a favorable status within the Chinese government. They are moving further into the interior of China; away from the more wealthy coastal cities into the major indus trial areas with large numbers of Chinese workers will be a perfect purchasing market. Economic factor: Nikes growth is not just affected by the local economy but also in the international economy. An Asian recession could mean weak sales for Nike. The overall results in the sales generated by Nike in athletic footwear, however, remained stable. The global market makes up for the variances in sales particularly between peak and lean seasons. Economic growth China’s economy will expand 8.7 percent in 2011, down from 10 percent last year, as the government tries to limit increases in asset prices, the World Bank said . In April 7, the Chinese investment and exports will probably grow mildly in 2011 and 2012 due to the inflation pressures and tightening of monetary policy. According to the Asia Development Outlook, the economic publication of the Asian Development Bank (ADB), released Wednesday the Chinese economy is expected to slow down. ChinasShow MoreRelatedPestel Analysis China1301 Words   |  6 Pagesstate. The people’s republic of China is a single party state governed by the communist party of China. President : Hu Jintao Prime Minister: Wen Jiabau Independence: 1, October 1949 ( People’s republic of China) Constitutional system China or People Republic of China adopts socialist system or communism in their political system in their decision-making process in governing the country. The country’s sole political party in power is known as communist party of China. 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The Conflict of the Ethnic Groups - 1399 Words

Ethnic groups conflict Pastoralist Community Initiative And Development Assistance (PACIDA )highlights the insecurity as a consequence of race for the limited water and pasture in Marsabit area of Kenya (East Africa). Their report of the situation in Marsabit in 2009 indicated that within Marsabit, security has been a major problem. Over the past months in the cause of the year, series of cattle rustling and loss of human lives was quiet frequent, especially in Marsabit. Over range of four month 10 human lives claimed in the process of raid between the Borans and the Samburus. In fact this has been long outstanding conflict in the District. This indicates that some of the conflicts are well organized banditry executions. The different communities organize themselves to go raid others homesteads, particularly from another ethnic group and get livestock. This occurs majorly during the driest times when livestock die in large numbers. To restock their herds, the different communities go for raids in the other communities. The office of the prime minister of Kenya adds that, Security remained precarious for several areas in larger Marsabit district. Incidences of armed conflicts were reported along Loiyangalani and North Horr Divisions and along Marsabit and Laisamais district border. These are regions within the Marsabit District and region. The frequency of cattle rustling between the Samburu and Isiolo communities in particular raises a lot of concern. In theseShow MoreRelatedEthnic Group Conflict: The Israeli-Palestinian Conflict1445 Words   |  6 PagesIsraeli-Palestinian conflict demonstrates this concept vividly. Both sides harbor antagonistic social perceptions against each other. Only by changing these perceptions can a reconciliation be reached. The opposing views result in a biased lens, which only serves to uphold the traditionally held generalities each culture has of the other. 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Hirsi Ali eventually won a seat in the Dutch parliament. Each of the main characters presented by Buruma are absolutists in their right, but they are not, however, typical representatives of certain social or political ideologies or groups that increasingly find themselves in violent contention with each other. Theo van Gogh’s absolutism was in his support of free speech. His strong support for free speech was likely the result of the times, the 1960s, and his background includingRead MoreEthnicity And Its Impact On Development Essay1242 Words   |  5 Pageslining that was in ethnicity has begun to fade and in some areas, it has completed ceased to exist. Today, ethnic ambitions have continuously replaced the patriotism of people to a nation further dividing their loyalties to their nation (Manyasa, 2005:69). Tribal orientations and ethnic labels have taken over in most of African states. In such cases, a person is first loyal to their ethnic group and then second comes the nation. 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Hypertension Causes And Treatments Health And Social Care Essay Free Essays

The most common medical status and taking cause of decease in Ireland today is Hypertension, accounting for about 1/3 of the entire figure of deceases and killing about 10,000 people each twelvemonth. Hypertension or high blood force per unit area is where the force of the blood against the arterial walls as it circles the organic structure is more forceful than it should be. It is the chief cause of decease in Ireland due to the fact that it is a status that normally gives no symptoms, and goes unnoticed unless it is checked on a regular basis or when a wellness job arises. We will write a custom essay sample on Hypertension Causes And Treatments Health And Social Care Essay or any similar topic only for you Order Now It is the deficiency of symptoms that gives the status its other name The Silent Killer. To look into entire blood force per unit area a measuring of both systolic and diastolic force per unit area must be taken. Systolic force per unit area measures the blood force per unit area while the bosom beats and diastolic force per unit area measures the blood force per unit area while the bosom rests. Normal blood force per unit area is considered to be 120/80 mmHg, 120 being the measuring of systolic end product and 80 being measuring of the diastolic end product. Today, there are 4 classs of blood force per unit area ; normal, pre-hypertension, high blood pressure stageI and high blood pressure stageII. Normal blood force per unit area as stated antecedently is 120/80, pre-hypertension is considered to be between 121-139 systolic and 80-89 diastolic while both phases of high blood pressure are 140 systolic or higher with 90 diastolic or higher.blood-pressure.gif The status With Hypertension, as stated antecedently both the systolic and diastolic may be inveterate higher than 140/90mmHg or merely one of the measurings may be inveterate higher than the normal figure. Hypertension is split into 2 different blood force per unit area classs ; high blood pressure phase I and high blood pressure phase II. Phase I flatly has a systolic of between 140 and 159 with a diastolic of 90 to 99 while phase II is marked by a systolic reading of 160 or higher with a diastolic of 100 or more. There are 2 types of high blood pressure, the first is called indispensable high blood pressure and the second is called secondary high blood pressure. Essential or primary high blood pressure is high blood force per unit area with no identified cause while secondary high blood pressure is high blood force per unit area caused by another implicit in status or the medicine used to handle it. When sing the pathogenesis of primary high blood pressure, the alteration in systemic vascula ture could be as a consequence of continuously increased blood volume, cardiac end product or strictly due to sustained lift of the systemic vascular opposition. The increased opposition is as a consequence of a decrease in diameter of the lms and thickener of the walls of immune blood vass. Vascular tone is besides another factor to take into consideration when sing pathogenesis as surveies show that vascular endothelium of patients with high blood pressure produce really small azotic oxide. Nitric oxide is the organic structure ‘s natural vasodilative but due to the decrease in production the vascular smooth musculus becomes less sensitive to its activity. This deficiency of azotic oxide and desensitized smooth musculus coupled with increased production of endothelin can take to enhanced vasoconstriction of the vascular tissue. This vasoconstriction causes the arterial walls to go more stiff and to increase opposition to the flow of blood, which in bend causes the bosom to c rush more forcefully. The stiffening of the arterial walls besides leads to a wider pulsation which is a characteristic of stray systolic high blood pressure which is where the systolic reading is 140 but the diastolic reading is still below 90.blood_vessel.gif Causes Today, indispensable high blood pressure histories for more than 90 % of all high blood pressure related instances while secondary high blood pressure viz. accounts for the remainder. The cause of indispensable high blood pressure is unknown but there are 7 factors that could potentially be responsible for this type of blood force per unit area. These are a high salt diet, age, ethnicity such as African American, Renal inadequacy, weight jobs, genetic sciences and susceptibleness. Secondary high blood pressure is less common but is by and large a consequence of an implicit in status or due to medicine ; some implicit in causes include nephritic inadequacy, thyroid inadequacy, gestation, emphasis and many more. Nephritic arteria stricture is the narrowing of the nephritic arteria lms, this consequences in a decrease of force per unit area in the arteriola and a decrease in nephritic perfusion. This decrease in nephritic perfusion and bottleneck of the arteria stimulates the release of chymosin which increases the concentration of the endocrines angiotensin II and aldosterone. The addition in these endocrines consequences in the increased consumption of Na and H2O therefore increasing the blood volume taking to high blood pressure due to the Frank-Starling mechanism. The pathogenesis of hyperaldosteronism is similar to that of nephritic arteria stricture, as the increased secernment of aldosterone consequences in increased Na and H2O uptake therefore increasing the blood volume and cardiac end product. The Frank-Starling mechanism is physiologically involved in equilibrating the end product of the 2 ventricles of the bosom ; it is the Black Marias ability to alter its force of contraction therefore altering the shot volume as a response to alterations in the venous return. An illustration of this is an addition in end product of the right ventricle would take to an addition in the flow into the left ventricle. Without the Frank-Starling mechanism to respond to th e instability so a major malfunction would occur.primary hyperaldosteronism One of the most prevailing links with secondary high blood pressure in today ‘s society is stress. It acts as an indirect cause of the status by repeatedly exciting the sympathetic nervous system ; this overstimulation leads to big sums of vasoconstricting endocrines such as noradrenaline to be released. Stimulation of the sympathetic nervous system due to emphasize besides increases the go arounding angiotonin II, antidiuretic hormone and aldosterone degrees. The changeless and perennial bottleneck of the arterias due to increased cardiac end product and vascular opposition elevates the blood force per unit area. On top of the sympathetic nervous system stimulation, emphasis besides stimulates the adrenal myelin to bring forth more catecholamines such as noradrenaline and adrenaline. It is the combination of increased catecholamines and angiotonin II that maintains the elevated blood force per unit area doing the high blood pressure. Conventional intervention To handle the status it is frequently necessary to look at the underlying cause if any and to seek dainty that where possible. For indispensable high blood pressure there is no identifiable cause so the intervention program is test and mistake, while with secondary high blood pressure ; the implicit in status that is seting emphasis on the bosom can be treated with the hopes that it will relieve the strain. There are 4 chief categories of antihypertensive drugs these are ; Diuretics, vasodilatives, sympathetic nervous system suppressers and rennin-angiotensin system drugs. Diuretic drugs such as Thiazides, K sparing and cringle are the chief types used in the intervention of high blood pressure. They are frequently called ‘water pills ‘ as they act on the kidneys to increase the riddance of Na and H2O from the organic structure in order to diminish blood volume. Vasodilators are another of import class of drugs in the intervention of high blood pressure as they help in the relaxation of the musculuss in the blood vass. Calcium channel adversaries ( blockers ) and potassium channel agonists are 2 chief illustrations of vasodilatives used to handle high blood pressure. The Ca channel blockers aid in the relaxation by barricading the Ca conductivity of L type Ca channels on vascular smooth musculus. K+ channel agonists on the other manus do local relaxation of smooth musculus by increasing the permeableness of the membrane to K+ ions. The activation of K ions switches off the Ca channels therefore halting the production of action potencies. Alpha and beta blockers/ adversaries are 2 chief sympathetic nervous system suppressers or peripheral sympatholytic drugs used in the intervention of high blood pressure. The alpha adversary blocks the alpha receptors in the smooth musculus of peripheral arterias which blocks the mechanism of contraction through the IP3 signal transduction tract therefore cut downing the blood force per unit area. The beta antagonists nevertheless, merely act on cut downing the cardiac end product and are found to be non so effectual on their ain and so they are by and large prescribed with the usage of water pills like the Thiazides. Alpha agonists are the 3rd type of sympathetic nervous system suppresser or centrally acting sympatholytic drugs, they block the sympathetic activity of the encephalon by adhering to the alpha 2 receptor and triping it. This activation of the alpha 2 receptor reduces the escape to the bosom therefore diminishing the cardiac end product, bosom rate and contraction. By an d large the alpha agonists are prescribed in concurrence with water pills due to the drugs unstable accretion side effects which when left untreated can take to cell hydrops. The last class of drugs used to handle high blood pressure is the Renin-angiotensin targeting drugs. The 2 chief aiming drugs used are ACE inhibitors and angiotonin II receptor adversaries. ACE inhibitors or angiotensin-converting enzyme inhibitors ; barricade the enzyme from bring forthing angiotonin II which is responsible for the narrowing of blood vass and stimulation of endocrines that raise blood force per unit area. By barricading this enzyme, the blood vass remain relaxed and blood force per unit area remains normal. On the other manus, the angiotonin II receptor adversaries block the action of angiotonin non the formation therefore the blood vass remain relaxed. Herbal and complementary intervention In today ‘s medical universe, diet and exercising are the best recommended interventions where possible or when medicine can be avoided. Simple things such as to discontinue smoke, exerting for 30 proceedingss a twenty-four hours, restricting salt and intoxicant consumption, eating a bosom healthy diet and cut downing emphasis are all things that could dramatically take down blood force per unit area. Addendums in the diet are another friendly manner of lower blood force per unit area, addendums such as omega3 fish and pod liver oils, coenzyme Q10, ALA, Allium sativum, Ca and chocolate are all indicated for the intervention of high blood pressure. Where addendums and diet do n’t hold the desired efficaciousness, herbs can assist hike the effects or can even be used in concurrence with prescribed anti-hypertensive medicines. How to cite Hypertension Causes And Treatments Health And Social Care Essay, Essay examples

Comparative Cost of Food and Beverages †Free Samples to Students

Question: Discuss about the Comparative Cost of Food and Beverages. Answer: Introduction: FoodByUs launched in Sydney in 2013 for the purpose of providing online food services to the local people in their community. Company is working as an online middleman for the person living in Australia. FoodByUs provides good quality homemade food products to the customers at low price (Timeout, 2018). Basically it is an electronic food sharing platform. They delivered the product sometimes for a cost and sometimes free at their door step and offering a wide range of varieties in food from cakes to curries and more. The aim of the company is to give people the chance to sell their amazing homemade food as well as giving buyer the chance to have an authentic experience of homemade food. The supply depends on the demand of product in the economy (Startup Smart, 2018). They are providing the opportunities for those people who love to cook food and who are passionate for cooking. They are providing employment to many people with the flexibility of working part time or full time. In this type of market there exists consumer sovereignty that means government will not decide the consumption of goods and services; consumer will himself decide about it (Larder, Lyons and Woolcock, 2014). The supply and demand concept is always applied in the economy as it is one of the fundamental concepts. As the law of demand states that consumer will buy more of a commodity only when its price is low and vice versa. The law of demand operates here also as FoodByUs is providing low cost products to its customers. Similarly seller prefer to sell their goods at a higher price so that they can earn higher amount of profit as law of supply states that as price increases quantity supplied also increases and vice versa(Trostle, 2010). Price is decided in the market on the basis of the market forces that is demand and supply. Elasticity is also dependent on the price and quantity factor. There is an intense competition in the online food delivery market. There exists large number of sellers in the market and offering the variety of services and products with innovative ideas. FoodByUs also has many competitors like Foodara, UberEats etc. FoodByUs has not only affected the online food services but also affected the restaurants profitability and earnings. Due to competition restaurants keep their cost as low as possible giving discounts and rebates. However, due to heavy discounts, restaurants have to decrease the quantity and they are compromising with the quality of their food well as (Ferguson, O'dea, Chatfield, Moodi, Altman, and Brimblecombe, 2016). Online consumer rating provides a good basis to the customers to select good restaurants. Consumers rely on ratings given to these online food delivery companies. Quality control standards are maintained to have a good relation between the consumer and the seller. FoodByUs provides the homemade food to the people and works as a linking pin between them. The ratings of FoodByUs are high which signifies that good quality food is being delivered to the customers. FoodByUs provides a platform where cooking turns into dollars and people have to work according to their convenience and people need not be professional. This type of online chains provides employment to the people in Sydney as they can do this work from home and this business does not require a huge amount of investment to start. In this form of business there are less chances of downfall in the market as people will not stop the consumption of food. The growth rate i.e. GDP of country increases because of this type of food chains in country. Earnings of the individual worker are increasing so ultimately it will increase the growth of the country (Lee, Kane, Ramsey, Good, and Dick, 2016). Shared economy gives rise to the independent workers in the country and these are called freelancers. These freelancers are free from the tax liability up to an extent so it is an extra benefit to them. These virtual labours are skilled and they are doing this work because they are passionate towar ds cooking. These workers are not dependent on the MNCs for the jobs (Morgan and Kuch, 2015). As they are operating in the market where the marketers are playing online and dealing in goods and services through apps and fulfilling the demands of public. The supply of goods also depends on the needs and wants of the consumers. This online food industry provides employment to many people to earn their livelihood and increase their standard of living. Sharing economy is considered to be less harmful as compared to the other commercial units. They offer the worker the suitable timings for their workings. It increases the personal well-being of an individual and increases the earnings in the economy (Belk, 2014). FoodByUs tries to provide better deliveries to its customers. The platform also offers a GPS tracking system for deliveries and mobile ordering along with an integrated payment system. Allocation of resource become simple in shared economy as there is less wastage of resources and workers try to utilise the resources to the best (Verghese, Lewis, Lockrey, and Williams, 2015). Sharing economy reduces the entry barriers for the firms. Workers only have to concentrate on making the food and all the logistics, marketing and payment work are done by the company. Resources are utilised efficiently and effectively in shared economy so that overhead cost could be reduced. In this type of business, requirement of capital and investment is too low (Heikkurinen, and Forsman?Hugg, 2011). Consumers have perfect knowledge of the market and products offered by marketeers. Consumers have the right to choose individually which goods and services they have to choose and reject. Marketers have control over the prices of the product as they are the price maker of their product. According the founder of the FoodByUs, the company can expand and make more money in the market. But in this type of market the resources are highly mobile. They can easily move from one place to another if they find higher pay from the other company so it will be a risk for a company. In this online food market, makers are those people who love to make food and do this work as side business to earn more revenues. These makers can also include retirees, housewives and a person wanting a career change (Ghonkrokta, 2017). FoodByUs is running on the concept of love your passion not your boss. Workers are free to work as per their convenience. Labour gets the payment for delivering only quality food to the customers. FoodByUs provides a unique range of variety of its products which others are not offering. As an intermediary, FoodByUs is responsible for providing the good quality products and services (Cahuc, Carcillo, and Zylberberg, 2014). FoodByUs is providing an adequate amount of wages to its labour. FoodByUs working as a middleman for buyer and makers, so company collects charges from both the parties. But in some cases labour is not getting paid satisfactorily as they want. According to rules and regulations, if labour is working more than 40 hours week, an overtime should be given to them (Anleu, and Mack, 2005). In sharing economy, the labour is paid according to quantity produced. In sharing economy, labour of FoodByUs can easily charge the high fee and in a position to negotiate the amount as there are few sellers available in the market. They are not the permanent employees and they are free from the threat of being fired as they are free to move to other place whenever they want and can showcase their talent there. In the online delivery of food market, the elasticity of wages is imperfectly elastic as compared to wage rate if the labour choice is heterogeneous then the elasticity of wages will be low that means labour is offered to work at low rates and vice versa. From the above discussion, we can conclude that the FoodByUs is providing an online homemade food delivery to the people of Sydney and now it wants to expand to Melbourne also. Company is providing a good quality homemade food items to the people and offering them a variety of food. FoodByUs prefers to use the concept of customization in its activities. The market is quite monopoly in its nature. Talking about its competitors, company is becoming the leader in its industry as others like foodara are striving for this position. Prices of homemade food are fixed by the labour. Labour has monopoly over the market as they can shift from one place to another where they are getting the handsome amount. This type of company increases the employment opportunities for those who love to make food and for those also who are unemployed and searching for the job positions. These sharing economies make people independent. References: Startup Smart, (2018). Menulog co-founder launches new startup FoodByUs with $2 million in funding to bring the sharing economy to home cooking [online]. Available at: https://www.smartcompany.com.au/startupsmart/advice/startupsmart-funding/menulog-co-founder-launches-new-sydney-startup-foodbyus-with-2-million-in-funding-to-bring-the-sharing-economy-to-home-cooking[ACCESSED ON 27th march 2018] Morgan, B. and Kuch, D., 2015. Radical transactionalism: legal consciousness, diverse economies, and the sharing economy.Journal of Law and Society,42(4), pp.556-587. Verghese, K., Lewis, H., Lockrey, S. and Williams, H., 2015. Packaging's role in minimizing food loss and waste across the supply chain.Packaging Technology and Science,28(7), pp.603-620. Larder, N., Lyons, K. and Woolcock, G., 2014. Enacting food sovereignty: values and meanings in the act of domestic food production in urban Australia.Local Environment,19(1), pp.56-76. Cahuc, P., Carcillo, S. and Zylberberg, A., 2014.Labor economics. MIT press. Heikkurinen, P. and Forsman?Hugg, S., 2011. Strategic corporate responsibility in the food chain.Corporate Social Responsibility and Environmental Management,18(5), pp.306-316. Trostle, R., 2010.Global agricultural supply and demand: factors contributing to the recent increase in food commodity prices (rev. DIANE Publishing. Belk, R., 2014. You are what you can access: Sharing and collaborative consumption online.Journal of Business Research,67(8), pp.1595-1600. Ghonkrokta, S.S., 2017.Science and Strategies for Safe Food. CRC Press. Anleu, S.R. and Mack, K., 2005. Magistrates' everyday work and emotional labour.Journal of Law and Society,32(4), pp.590-614. Ferguson, M., O'dea, K., Chatfield, M., Moodie, M., Altman, J. and Brimblecombe, J., 2016. The comparative cost of food and beverages at remote Indigenous communities, Northern Territory, Australia.Australian and New Zealand journal of public health,40(S1). Lee, A.J., Kane, S., Ramsey, R., Good, E. and Dick, M., 2016. Testing the price and affordability of healthy and current (unhealthy) diets and the potential impacts of policy change in Australia.BMC Public Health,16(1), p.315. Kadiyala, S., Harris, J., Headey, D., Yosef, S. and Gillespie, S., 2014. Agriculture and nutrition in India: mapping evidence to pathways.Annals of the New York Academy of Sciences,1331(1), pp.43-56. Timeout, (2018). You can now order home-cooked meals with this new food delivery site [online]. Available at: https://www.timeout.com/melbourne/blog/you-can-now-order-home-cooked-meals-with-this-new-food-delivery-site-120116 [ACCESSED ON 27th march 2018].

Music Company With The Changing Economic

Question: Describe about the Music Company With The Changing Economic? Answer: Introduction The case study is about a Music Company With The Changing Economic, social, political and technological changes has faced crisis situation and now is aiming to revamp its whole structure and open new stores across the nations. HMV Retail Ltd was one of oldest retail company founded in 1921 in London, UK. However with the growing influence on external political, environmental, social and technological factors it was on the verge of collapsing but however as saved by the HILCO Company it now aims at restructuring itself by using these very factors which would now be in favor of these. PEST analysis for HMV The impact of the external factors has been ignored by this music company over a period of time. But now they have realized how important it is to analyze their situation of the company and design in accordance with PEST analysis. PEST is one of the most important marketing models. It covers the political, economic, social as well as technological aspects that need to be kept in mind while chalking out a market strategy for a company. It is used for scanning the environment, to see and assess the competitors and by reviewing all this, ultimately make them better and stable for the market. There are many synonyms uses for PEST such as PEST, PESTEL, STEEPEL, SLEPT etc. The aim of this analysis is to go deep and understand the root of the problem and try to so as to why a problematic situation has arisen and how can it be solved. Political: This external factor plays a very important role in the business situation. The varying political factor of the country i.e. if the country is facing a political crisis or there are new laws, all these contribute to the marketing of the country. In HMV we notice that being it was initially a music store where carious CDs and other things we sold. But due to various legislations that have evolved over time, that is has acted as a barrier in the working f the company. For e.g. Countries have banned using social networking and other sites which might be a loss for HMV as well. HMV has been left with only 285 locations, in Ireland and United Kingdom, with some stores in Hong Kong, Canada and Singapore. The political legislations passed in these countries affect the local and international markets of HMV. Success is only seen in Canada as Hong Kong and Singapore having capitalist economies and developed, HMV has not be able to sustain in these places and due to other factors their other outlets in places like China and USA have been shut down. Economic: The economic situation of a country has to be stable so the various chains of companies functions smoothly. Economic factor however did not work well for HMV as many times the country has witnessed an economic depression. This meant that the people wanted to refrain themselves from spending as far as possible which meant that CDs being not important in the priority list unless you are a diehard fan, people would not send on these unnecessary areas as it would increase their expenditure. In 2011, as there was a rise in the taxation by 20%, it hit the customers hard as they could not spend on unnecessary items. In 2009, it is seen that there was a massive upscale in unemployment and further rose in 2010 and as a result there were factors which we conflicting in the industrial sector. People had less to spend due to tight budget. Social: It is expected that there will be fall in the sales of CDs and DVDS by 10% and 5% respectively as the people are option for streaming downloading now. However the company has introduced now the super audio CDs to tackle this situation. It is noticed that music has become a very important part of our lives. It is seen that a considerable amount is spent on music by an average person now. Books are now replaced by laptops and computers and DVD and CDs are now being used for facilitating teaching. MP3 players and computers or laptops are now used as alternatives for these DVDs and CDs as they have more storage space. Technological: HMV has technological advancements which have helped them stay in the retail market till now. It has now launched a social networking site called Get Closer which is giving competition to other online libraries of music. It can now synchronized with iTunes which is an advantage, By introducing various new methods like pay and play any games, HMV is trying to come up in the marketing world. Job Description Marketing directors are one of the highest posts in any company. A marketing director works on the upper executive authorities. Their main job is to supervise the administrations related to the marketing of the product the company sells across the borders covering a wide range of activities like advertising of the products and also find ways for selling it in the international market. They are also entrusted with responsibility of initiating strategic plans for a company and correct strategies which would work in the favor of this music retail chain as it would increase the selling of the products. Their main goal is to coordinate the marketing departments set across the various countries. According to the PEST analysis we have covered the director is to develop plans to revamp the situations in Singapore Hong Kong and other countries mentioned that have shut down where the sale of the products are very sloppy. Also he has to develop such plans using the technologies and schemes so t hat this industry can stand in competition with the other leading industries. Person Specification A marketing director required for this company should have a qualified degree along with some experience in the marketing fields as HRM needs personnels to market their products and start from the scratch. A person should have some technical and economical knowledge of the prevailing conditions n the country and should know they should be tackled. They should be young with new innovative ideas so that there is an expansion of their market. They should also have stable background and experience of working with other well known companies. The person who has idea about the need of the hour and has excellent reading and writing skills along with ability to connect and communicate properly with the other departments as well so that the company does not collapse due to a dysfunctional system. As the PEST analysis suggests a strong would be required to keep the company close and maintained. Job advertisement The job advertisement should be like Marketing Director required in HRM Retail Ltd. Young and experienced persons with graduate degrees are eligible to apply for the job. A background check of the company is a must in order to understand it current structure. A person should have innovative idea so as to compete blatantly with the economic, social and technological spheres as opposed to the other companies in market. Selection strategy For identifying and picking out the best candidates one first needs out the back logs which the company has been facing. The company has been facing many back logs if we go to analyze the PEST content thus we first need to point out the areas where the company was lagging behind and how the company needs to buckle up by choosing appropriate candidates with proper selection methods so as to choose the right person who identify these problems and work towards achieving the developmental goals assigned by the company. After scrutinizing and covering all the aspects of the PEST analysis, three reasons have been identified for the failure of this music retail industry. The reasons being: The authorities leading the company had failed to recognize the overwhelming importance of online business cropping up now. They did not realize that ignoring the online aspect as a whole would lead to the downfall of the company. When they realized it was too late as a lot of competition had already emerged in the market scenario. It would take another set of years for the company to stand on its own field. Thus a person who could propose proper short term stability programs which would bring the company back on the line would be hired. However the plan would be thoroughly assed and put into practice first to judge it viability. Over the last ten years the banks have been constantly putting in money into the company as they are hoping to drive out profit in the long run by giving debts to HMV. However they fail to realize that the debt of the company has been increasing and the profits margins have constantly being decreasing. This shows that the new marketing director should be able to cope up with this crisis situation immediately and in affective suitable manner. Finally the brand loyalty stopped having an impact on the people. The consumers were attracted to the company due to its brand name and loyalty. But after the decreasing importance of the DVDs and CDs in the market the customers were not attracted somewhere else i.e. the new methods of downloading and streamlines were had given a tough competition and almost thrown out HMV from the market. However the aim to appoint the new marketing director is to get back this retail outlet again in market by applying the new technologies so that they can compete with the online music libraries which were available on the internet. Thus the main job of the marketing director would be getting the company back to its toes. However for fulfilling all the criteria one must select the right directors so that the company is motivated in achieving its desired goals. The marketing director of the company would first has to undergo a written exam consisting of a set of questions which they have to answer precisely and which is the better than the rest of the answers this would extract the creamy layer from the whole lot of applicants that have arrived. This questioned based exam does 70% of the job in selecting the candidates as the questions cover a wide range of topics that is covered at one go. The way a person answers tells a lot about the personality traits which would help to judge whether the person is eligible for a job. The question pattern is set up in such a way, that it is only exclusive for selecting candidates for HMV and it has been the best way by which they have been selecting their candidates and now their managing director. The questions cover a wide range of issues starting with test of aptitude, writing and analyzing skills, test of the basic knowledge skills of the current social, technological, political and economic scenarios prevailing in the country. The question pattern as seen earlier was for selecting the candidates for higher administrative positions in the company. The question pattern was like: The person would be given a situation a he/would be required to analyze it in a proper manner. However a person cannot jump to a conclusion as proper judgment and thorough study of the report provided was very essential. Accordingly, depending on the questions marks were allotted for each answer. Candidates were asked questions like reasons for declining of the music retail stores along with their factors. The candidates were required to make a thorough assessment of the situation. The loophole which distinguishes the people with higher ability was that, people having proper knowledge and experience gave a backdrop and also gave an account of the impact of things like cost revenue etc. thus they were put on the higher scale than the others. They were asked how they could bring about a change in the company in response to the marketing strategies. Precise and to the point analysis was required. The able candidates would identify proper economic factors like price matching in terms of competitiveness in HMV Company. In such a way candidates were given sets of issues covering a wide range of information related to the PEST analysis like what measures the company should take to gain loyalty of the customers (social aspect) or how could they increase their turn over by using new techniques (economic and technological aspects). After getting thoroughly grilled by the question only a handful candidates are eligible for the personal interview after that where the head of the companies have a direct contact with the persons and judge their personal traits and skills accordingly on the basis of the marks scored combined with the performance in the interview one gets through the position. However all the procedures are easier said than done. A person with intelligence, high marketing strategically plans with good balance and success sheet of the past is hired as the marketing director for HMV Retail Ltd. References Abhishek Gupta. (2013). Environment PEST Analysis: An Approach to External Business Environment. International Journal of Modern Social Sciences. 2 (1), 34-43.Adeoye, Abayomi Olarewaju Elegunde, Ayobami Folarin. (2012). Impacts of External Business Environment on Organisational Performance in the Food and Beverage Industry in Nigeria.. British Journal of Arts and Social Sciences. 6 (2).Alex Stevenson. (2013). Where will they buy their box sets now? HMV collapse dismays politicians. Available: https://www.politics.co.uk/news/2013/01/15/where-will-they-buy-their-box-sets-now-hmv-collapse-dismays. Last accessed 12th May 2015.Annmarie Hanlon. (.). Using the PESTLE analysis mode. Available: https://www.smartinsights.com/marketing-planning/marketing-models/pestle-analysis-model/. Last accessed 12th May 2015... (2004). Case Study: HMVs hiring is top of the pops. Available: https://www.hrzone.com/lead/strategy/case-study-hmvs-hiring-is-top-of-the-pops. Last accessed 12th May 2015.Craig Le G rice. (2013). the high street needs to innovate or die. Available: https://econsultancy.com/blog/61903-the-high-street-needs-to-innovate-or-die/. Last accessed 12th May 2015.Dimitrios Nikolaou Koumparoulis. (2013). PEST Analysis: The case of E-shop. International Journal of Economy, Management and Social Sciences. .., 31-36.... HMV Solutions. Available: https://jhsyn7.wix.com/ray#!strategy-4. Last accessed 12th May 2015... (2014). HMV stages 17m comeback. Available: https://www.telegraph.co.uk/finance/newsbysector/epic/hmv/. Last accessed 12th May 2015.John Ryan. (2012). Analysis: How can HMV heal its trading wounds? Available: https://www.retail-week.com/analysis-how-can-hmv-heal-its-trading-wounds/5044185.article. Last accessed 12th May 2015..... Marketing Director: Job Description Requirements. Available: https://study.com/articles/Marketing_Director_Job_Description_and_Requirements_for_Becoming_a_Marketing_Director.html. Last accessed 12th May 2015..... Market environment of HM V and business overview. Available: https://www.ukessays.com/essays/marketing/market-environment-of-hmv-and-business-overview-marketing-essay.php. Last accessed 12th May 2015..... PERSON SPECIFICATION CHIEF EXECUTIVE. Available: https://www.charnwood.gov.uk/files/documents/chief_executive_person_spec/CX%20Person%20Spec%20-%20revised%20April%202010%20%282%29.pdf. Last accessed 12th May 2015.. (2013). PESTLE Analysis. Available: https://www.free-management-ebooks.com/dldebk-pdf/fme-pestle-analysis.pdf. Last accessed 14th May... (2008). Report on the Examination. Available: https://217.199.163.152/Exam_Papers/site/read_pdf.php?f=/A%20Level/Applied%20Business/AQA/2008%20Jan/AQA-BS11-WRE-JAN08.PDF. Last accessed 12th May 2015..... Selecting the best person for the job. Available: https://www.cliffsnotes.com/more-subjects/principles-of-management/staffing-and-human-resource-management/selecting-the-best-person-for-the-job. Last accessed 12th May 2015... (2013). Why did HMV fail? Availabl e: https://www.theguardian.com/commentisfree/2013/jan/15/why-did-hmv-fail. Last accessed 12th May 2015.