Optimal Number Of Firms In The Market Essay Example | Topics and Well Written Essays - 1500 words

Optimal Number Of Firms In The Market - Essay Example Imagine if the world is consuming what has been given to them, the world is being operated on daily basis, such as a limited amount of food is prepared daily and in order to prevent the food from getting stale, people consume every unit of it, is it possible Of course there is no chance for such situation, so we have to consider even bigger policies for production and consumption, may be we can use the past records of what is the optimal level of production and consumption or at which particular level firms are having maximum profit and minimum loss. We now have to consider the importance of the circular flow or economic cycle, the market system heavily relies on the supply and demand to solve the three major arising problems that are What goods and services will be produced, it is determined by the daily purchasing decisions of the customers as keeping it on the yearly basis can be very risky, one can see that over the past few years the bird flue took place significantly, therefore we cannot rely on yearly basis as the behavior of consumers can change unpredictably. The second problem is How things or goods produced would be rated in terms of pricing, of course there is a competition everywhere, so the problem of differentiating the product arises. Taking the example of bird flue there are many other issues that are very common in every day life such as at times there is drastic change in the technological market, such as everyday a new computer technology replaces the old one which eventually results in greater competition and brand switching. The third issue is For whome things are produced, here the focus is obviously on consumers and their level of consumption, but supply and demand has a major role to play here. The immediate task the companies have to face is to determine the wages, land rents, interest rates and many factors related to everyday life, it is explained thoroughly later in this discussion. The circular flow is all based on the previously d iscussed three problems. What the flow intends to show is that all the money is constantly moving within a frame of a country, there are minor changes but over all the flow is constant until and unless some big change takes place such as war. The circular flow is all comprised of four things, those are product markets (prices are set by the markets keeping in view the scenario), Household markets (the buyer behavior which keeps on shifting but over all the money utilization and spending is unchangeable), the business sector (which pays the rents and wages to the people working, who are also at the same time are households) and the factor markets (which keep on changing the rents, wages, interests but over all the wealth remains within the country, if less rent for one person may be much higher for another person). Until and unless these problems would not be solved which of course cannot be solved the firms would find it impossible to be operated at an optimal level. "Dollar votes of households interact with business supply in the product markets at top, helping to determine what is produced.

Managerial Ethics & Social Issues Essay Example | Topics and Well Written Essays - 500 words

Managerial Ethics & Social Issues - Essay Example Management varies from organization to organization, in analyzing the case study involving the controversial conflict between the Firestone Tire Company and the Ford Car Company the managerial, ethical and social issues are brought clear into the play. The ethical and the social issues concerning management require that the management is involved in making decision when tough challenges arise and the decision should not be biased. .Both the Ford Car Company and the Firestone Tire Company had been enjoying mutual benefit not until the controversy happens. No one was ready to take the blame on the basis of damaging the reputation of the company. The National Highway Traffic Administration was tasked with the obligation of investigating why there was tire failure on the Ford Explorer Sport Utility Vehicles. It come clear that Firestone tyre had very high failure rates with threads peeling off causing the over rolling of the vehicle killing the occupant. Management of Firestone tyre Comp any could not take the blame easily sitting that the tyres were functioning well with other vehicles so the problem was the Ford SUVs. In my view both companies had to be blamed reason being they have been enjoying mutual benefit for quite a while and the problem could have been due wrong tyre size specification. Its objective of the management to ensure that product or service delivered or offered to the customer should be satisfactory incase of any problem the organization should be held responsible. In the case above Ford should be responsible to the victims while Firestone Company should be responsible to the Ford Car Company. In applying the three ethical theories in regard to manufactures responsibility; starting with the contractual theory which is more customer based, it concerns the contract between the customer and the organization. It entails the agreement that is duly signed, it requires that the customer is correctly informed about the product and incase of any problem

First law of motion Essay Example for Free

First law of motion Essay I have come to a point in life that many people have not. I have made a firm decision to recommit myself to pursuing my dreams. While there are those who believe that with an ounce of luck and a ton of persistence anything can be accomplished, I believe that there is no reason to expend so much energy and rely on luck. I believe in taking hold of my destiny and carving out a future for myself based on the decisions that I make in life. Life is simply too short and too precious to be left to luck alone. This is why I have chosen to apply at (Selected University Here). An object at rest tends to stay at rest and an object in motion tends to stay in motion with the same speed and in the same direction unless acted upon by an unbalanced force. This is how the first law of Newton is often stated. An object remains at rest unless an external influence interacts with it and either gets it moving again or alters its direction. I prefer to think of myself as one of those objects that are at rest. There has never really been any motivation or desire on my part to try and do something drastic in my life. The problems of other people do not concern me unless there is some sort of benefit that I can gain through my actions or disadvantage that will happen through my inaction. This has always been my way of dealing with things when I was much younger and admittedly more selfish and naive. As every story concerning a spoiled child goes, I always felt that I was the center of everyone’s attention. I was the most important thing in this world. There was no need for me to raise a finger to do anything as everyone around me was at my beck and call, servants who catered to my every whim and desire. These thoughts of greatness and power however were also the same thoughts that made it very difficult for me to adapt to my school environment as I constantly found myself alone in school with no friends and nobody to talk to. Things took a turn for the worse before they got any better however as I was also performing terribly in school. I would get into scuffles with my classmates and get on the bad side of everyone in my school. These were very difficult times for me because I could not understand why these people had such an intense dislike for me. The worst part was yet to come however. One day when I was one my way to my classroom I saw a couple of my classmates breaking into the lockers of a few of the students. Unsure of what I was supposed to do I decided to watch them. A few moments later a young kid, much smaller and younger than me, told these bigger kids to stop what they were doing because it was bad. These bullies merely laughed at the kid and decided to have some fun with him and push him around. Forgetting how much bigger they were than the young child, they became too rough and pushed the child so hard that he rolled down the stairwell. Instead of helping the young kid out I decided to make a run for it and not say anything to anyone. It wasn’t my problem, I recall telling myself. Indeed it wasn’t but soon enough it became a problem of mine when I learned a week later that the young boy who I refused to defend would never be able to walk again. My inaction, my selfishness was the reason that a young boy would never be able to walk again. I could not live with myself. It was then that I decided to approach my mother and ask her why things were that way. Like every mother, my mom adored me and always had my best interests in her heart. But I was surprised when she told me the truth; I was selfish, arrogant and self centered. A person destined for greatness must learn to be humble and must also learn to stand up in the face of adversity. She then told me a story a great person, a person she admired, former President Ronald Reagan. While not exactly the most intelligent of all people, Ronald Reagan endured many trials in his life and was able to weather them all thus earning himself the nickname â€Å"The Teflon President†. Not only was Ronald Reagan able to endure all of his challenges, he was also well loved by many, which is largely attributed to his persuasive quotable speaking style. The Great Communicator was able to charm the hearts of many and in doing so became one of the most effective Presidents in the history of the United States. After that talk, I decided to learn more about this person who my mother thought so highly of and found that he had done so many things during his administration. I could not understand how a person who wielded such power never chose to abuse it but instead chose to use the power to help other people and improve the welfare of every American; Powerful and influential but at the same time well-loved by the American public. From that forth I resolved to discard my selfish and self-centered ways and decided to focus more on helping other people and becoming more altruistic in my deeds. While I certainly will not become the next Ronald Reagan, I have him to thank for motivating me to become a better person not only for myself but for others as well. He has inspired me to lead a life of service for the public and fueled my passion for politics. I may not be able to accomplish the things that this great person has done in his lifetime but I will be happy knowing that I have made a difference in this world. To have even inspired a single person to do good things and to devote his life to a life of service for others as Ronald Reagan has done for me will be a great accomplishment. While I personally believe that â€Å"there is no such thing as a free lunch† and that everything a person has in life must come from hard work and perseverance, I also believe in charity. I believe in helping others who do not have much in life. I believe in helping people regardless of their nation, race or creed. I believe in being a better person so I can best help myself and others around me. I believe that (Selected University) is the best place for me to turn these beliefs into realities.

Preventing Animal Abuse

Preventing Animal Abuse 1. Introduction Animal abuse is the form of mistreatment of animal that is often falls into three  categories: neglect, intentionally and unintentionally. Firstly, failure to give  daily necessities to the animal such as food would be classified as neglect. Next,  for intentionally, these people abuse animal for entertainment purposes to earn  their daily expenses or for their own excitement and enjoyment. Some may even  inflict harm on the animal in order to feel more superior or gain control. Lastly,  for unintentionally, these people do not know what the correct ways to treat  animal or they do know that they were actually mistreating the animal. For  instance they felt that there is a need to beat their pets in order to discipline  them. (OntarioSPCA 2009). This report will show that animal abuse is not right hence the purpose of this report is to educate people the various measures preventing or minimising animal abuse. It also cover the different organizations that stop and prevent  animal abuse. 2. Reason to stop animal abuse Research in psychology and criminology shows that people who commit an act  of cruelty towards an animal don’t stop there. They are at a higher risk and  chance to commit property crime compared to those who do not have any  history of animal abuse (Goleman, 1991). Hence it is very important to stop  animal abuse so that crime rates will not further increase in the future. For  example there was an article stating that Carroll Edward Cole was a serial killer  had murdered as many as 35 women in the 1970s, and was executed in 1985. His first violent act was strangling a puppy (Newton, 2001). Eric Harris and  Dylan Klebod the Columbian High School shooters had bragged to friends  about injuring animals before murdering a total of 12 students and one teacher. On top of that, they set a bomb which could have wiped out 600 people (Cullen,  2004). Furthermore, the number of cases for animal abuse has increased to more  than 65% for the past five years, not to mention that it is wrong for people to abuse others especially animals who cannot even speak or defend for  themselves (Degenhardt, 2005). 3. Measures to stop animal abuse There are a few measures that can be taken to stop animal abuse. First of all,  schools must educate the younger ones the right way to treat animals as it is  important for people to have the right mentality towards how to treat animals  from young. School can do so by conducting lessons and invite organization  like SPCA to conduct talks about animal abuse (Drake, 2010). Empathize that  animal abuse is consider a crime in Singapore which people can be jailed up to  a year or fined ten thousand dollars or both (Tan, 2014).Next, the government  can also stiffen the penalties of animal abuse. With that, people will most likely  not repeat the same mistake as people do not want to experience the strict  penalties (Kim, 2010). Last but not least, before individual or family buy or  adopt a pets, they must think whether they are financially stable enough to own  a pet so that they will be able to provide their pets with daily necessities like  food. Furthermore, ow ning a pet need a lot of commitment, for instance owning  a puppy will need to have a commitment of 10 years or so. They need to think  whether they are mentally prepare to own a pets or it will lead to the neglecting  of animals and that is a form of animal abuse (ASPCA, n.d). 4. Organization that prevent animal abuse There have been different organization against the idea of animal abuse and  took measures to prevent it from happening. Some of the organizations are â€Å"The  American Society for the Prevention of Animal Cruelty (ASPCA), Cats Welfare  Society (CWS) and Animal Concern Research Education Society (ACRES). These organization help to spread and inspire people around the world to stop  animal abuse through the internet and campaign. 4.1. American Society for the Prevention of Animal Cruelty (ASPCA) The American Society for the Prevention of Animal Cruelty (ASPCA) is the  first humane organisation in the Western Hemisphere. The ASPCA work  nationally to help animals from being abused, pass humane laws and share  resources with many shelter across the world. They operate in many  programme areas, such as Anti-Cruelty, Animal Health Service, Community  Outreach and Government Relationship. They help to legislate animal cruelty  laws by lobbying for stronger humane legislation nationwide (ASPCA, n.d). 4.2. Cat Welfare Society (CWS) The Cat Welfare Society (CWS) aims to promote a humane, responsible and  informed society in Singapore so that cat can be treated responsibility. They  actively promote sterilisation as a personal responsibility of cat owners to  prevent further population to increase instead of destruction. For instance  records have been showing that 13,000 community cats were put down every  year, and the root cause of the problem is that there were too many cats being  born. The CSW also work closely with all the Town Council, Housing  Development Board, National Environment Agency and Agri-food   Veterinary Authority of Singapore to resolve cat issues humanely. (CWS, n.d). 4.3. Animal Concern Research Education Society (ACRES) Animal Concern Research Education Society (ACRES) wanted to create a  world where animals are treated with compassion and respect and to improve  the living condition and welfare of animals in captivity. They also educate  people and the public to promote actively community involvement in the animal  protection movement. Furthermore they also strive towards synergistic  partnership with authorities and relative parties (Schweitzer, 2009). 5. Conclusion In conclusion, organizations and society have already started to take action  against animal abuse as research have shown that animal abuse have brought  about a negative impact to the people. Hence I think that animal abuse is wrong  and should be stop and prevented so that the number of case will not increase  any further. References: ASPCA (n.d), Programs and Service Retrieved from: http://www.aspca.org/about-us/programs-and-services Cullen (2004), The Depressive and the Psychopath Retrieved from: http://www.slate.com/articles/news_and_politics/assessment/2004/04/the_depressive_and_the_psychopath.3.html CWS (n.d), Our Mission Retrieved from: http://catwelfare.org/aboutus Drake (2010), The Answer to Preventing Animal Abuse: Humane Education? Retrieved from: http://www.care2.com/causes/humane-education-is-the-answer.html Goleman (1991), Animal Cruelty May Be A Warning Retrieved from: http://www.peta.org/issues/companion-animal-issues/companion-animals-factsheets/animal-abuse-human-abuse-partners-crime/ Newton (2001), Carroll Edward Cole Fact, Retrieved from: http://www.crimelibrary.com/serial_killers/predators/edward_cole/3.html OntarioSPCA (2009), What is Animal Cruelty, Retrieved from: http://www.ontariospca.ca/what-we-do/investigations/animal-cruelty-resources/what-is-animal-cruelty.html Schweitzer (n.d), The Importance of Humane Education Retrieved from: http://www.acres.org.sg/humaneeducation/importance.html Tan (2014), Penalty of Animal Abuse, Retrieved from: https://sg.news.yahoo.com/man-fined-maximum10-000-for-animal-cruelty-after-dog-s-death-041721997.html

Starbucks International - Foreign Market Entry Strategy Essay -- GCSE

Starbucks International - Foreign Market Entry Strategy Starbucks International has gone beyond the normal philosophy of Starbucks, to create a re-birth of their product line in foreign countries. Typically in the United States, Starbucks owns its entire line of coffee-bar stores outright with no franchise investments or partnerships. However, their international operations are quite the opposite. Starbucks International has adopted a strategy of partnerships to create its line of international coffee-bar stores. These joint ventures create an increased ease of entry into the foreign market. Starbucks International choose to be involved with partnerships for the benefits these relationships offered over their typical wholly owned subsidiary philosophy. However, choosing the right partner, poses a potential problem for the company. Although Starbucks uses multiple lines of distribution to saturate to US coffee market, its international operations consist only of coffee-bar restaurants. Therefore, they only have one channel of distribution internationally. Through this, Starbucks had to choose a partner that would facilitate their creation and expansion of coffee bars in the international arena, specifically Asia and Japan their primary target. Starbucks developed a series of criteria to which they evaluated different potential partnerships in Japan and other foreign countries. First, they sought to implement the idea of ?partnership first, county second,? as a means of developing partnerships that focuses on the companies goals, and not the countries goals. Second Starbucks noted six additional criteria they used to narrow and conclude their partnership search. (1) They looked for companies with similar ideas a... ...common ground. With a more casual atmosphere, Starbucks offer patrons ample seating areas and dine in or carry out services. However, there was originally some worry about the profitability and future growth of the Italian-style coffees in Japan. Japanese had never been exposed to this type of coffee before, so the taste of espresso drinks was as foreign to them as the name Starbucks. However, Starbucks? managers were confident that Japan was ready to indulge in the fine taste of Italian espresso. All in all, the partnership between Sazaby and Starbucks provided a moderately high benefit for local adaptation. Starbucks plan of a partnership is the best choice for an entry strategy into the international market. Their increased insight into the market, and the other benefits provided by this relationship, will propel Starbucks International into the future.

Free College Essays - The Fall of Othello :: GCSE Coursework Shakespeare Othello

The Fall of Othello The Othello of the Fourth Act is Othello in his fall. His fall is never complete, but he is much changed. Towards the close of the Temptation-scene he becomes at times most terrible, but his grandeur remains almost undiminished. Even in the following scene (III iv), where he goes to test Desdemona in the matter of the handkerchief, and receives a fatal confirmation of her guilt, our sympathy with him is hardly touched by any feeling of humiliation. But in the Fourth Act "Chaos has come". A slight interval of time may be admitted here. It is but slight; for it was necessary for Iago to hurry on, and terribly dangerous to leave a chance for a meeting of Cassio with Othello; and his insight into Othello's nature taught him that his plan was to deliver blow on blow, and never to allow his victim to recover from the confusion of the first shock. Still there is a slight interval; and when Othello reappears we see at a glance that he is a changed man. He is physically exhausted, and his min d is dazed. He sees everything blurred through a mist of blood and tears. He has actually forgotten the incident of the handkerchief, and has to be reminded of it. When Iago, perceiving that he can now risk almost any lie, tells him that Cassio has confessed his guilt, Othello, the hero who has seemed to us only second to Coriolanus in physical power, trembles all over; he mutters disjointed words; a blackness suddenly intervenes between his eyes and the world; he takes it for the shuddering testimony of nature to the horror he has just heard, [Endnote  6] and he falls senseless to the ground. When he recovers it is to watch Cassio, as he imagines, laughing over his shame. It is an imposition so gross, and should have been one so perilous, that Iago would never have ventured it before. But he is safe now. The sight only adds to the confusion of intellect the madness of rage; and a ravenous thirst for revenge, contending with motions of infinite longing and regret, conquers them. T he delay till night-fall is torture to him. His self-control has wholly deserted him, and he strikes his wife in the presence of the Venetian envoy. He is so lost to all sense of reality that he never asks himself what will follow the deaths of Cassio and his wife.

Smartphones Are an Essential Part of Society

Smartphones are an Essential Part of Society Smartphones are helping people to be more efficient, but with some side effects. â€Å"Many colleges and universities are further pushing the boundaries of services that can be delivered on smartphones† (Gordon 2007). Even though smartphones are making the human race complacent and dependent, these mobile devices are useful tools because they make life easy and keep one organized in a fast-paced world. â€Å"Wake Forest has a MobileU (mobileu. wfu. du) pilot program focusing on mobile messaging, mobile access to information such as calendars, campus announcements, and real-time location of the campus shuttle bus† (Gordon 2007). If one were to only read, the Korean Herald, one would believe that everybody who has a smartphone; does not like to get out of their pajamas or leave the house. â€Å"The smart device boom may be a blessing for many who now have instant access to everything from emails to the nearest restaurant servi ng their favorite foods, but smart products also are making electronics companies increasingly lazy† (Herald 2011).Another example that shows that smartphones are making people lazy and too dependent is stated in, †The trend is partly blamed on technology making it easier for lazy staff to email a colleague rather than walk over to see them† (Express 2012). Smartphones are making people lazy and too dependent; they are useful tools because phones make a person’s life easier.For example, sending an Army SPOT Report message, a concise narrative report of essential information covering tactical events or conditions, requires a soldier to first enter a 12-digit date-time group and a six-digit grid coordinate, a task that takes up time in a critical situation. Smartphones, which have their own built-in clocks and Global Positioning System (GPS) receivers, automatically populate those fields in the SPOT Reports and other Army messages that require a time stamp and precise location information (Brewin 2011).Another example that shows that smartphones make a person’s life easier is â€Å"Connecting Soldiers application will help soldiers communicate in languages other than English, McCarthy said, outputting translation audibly through the smartphone speaker and by text on its screen. The project already has an Arabic language application, and he would like to find an affordable application that can translate Pashto and Dari, the main languages of Afghanistan† (Brewin 2011). Smartphones are a useful tool because these handheld devices help people to stay organized. An individual can do almost anything with a smartphone.Today with all the applications to download, it is easy to stay on track. Individuals can you use the calendar function to keep their appointments and send reminders about up and coming events. Smartphones also allow for checking emails and surfing the web. Smartphones also let people play games. The days of the old paper organizer are gone forever! Users of smartphones and even those that do not have these handheld devices can appreciate them. Although smartphones are making people lazy and too dependent, smartphones are useful tools for two main reasons.First, smartphones make a one’s life easier. Nevertheless, most importantly, smartphones help people to stay organized.References Brewin, Bob (2011). Army confirms battlefield smartphones tests began in December. Computers–Information Science And Information Theory Gordon, Rachel Singer (2007). Information Tomorrow: Reflections on Technology and the Future of Public and Academic Libraries. Medford, NJ, USA: Information Today, Inc. , doi: 10492819. P. 31 The Express. (2012) â€Å"Office work ‘makes you fat and lazy† THE KOREA HERALD, (2011): â€Å"IT industry too dependent on smart devices†