Impacts of the market structure on the business behaviour of companies in the Structure Conduct †Airline Industry

Impacts of the market structure on the business behaviour of companies in the Structure Conduct – Airline Industry Introduction Business structure can be viewed as organizational and other attributes of a market. These are the characteristics which have a significant impact on competition and hence the pricing (Tuto2u 2011). The main aspects of the market structure includes the total number of the firms, the extent to which the industry is vertically integrated, the share of the market, costs, structure of buyers, turnover of customers and the product differentiation (degree of differentiation) (Tuto2u 2011).Advertising We will write a custom essay sample on Impacts of the market structure on the business behaviour of companies in the Structure Conduct – Airline Industry specifically for you for only $16.05 $11/page Learn More The business structure has a significant impact on the business behaviour. There are certain behaviours which characterize each business structure. This is in turn determined by the aspects of a particular business structure. Discussion The re are several market structures under which any organization can fall. These include the perfect competition, monopoly or the oligopoly. Each of these has its unique characteristics. In the perfect competition, there are many firms in a certain industry. A good example of a competitive market is the hotel industry. It is characterized by a large number of firms which compete with each other. In the perfect competition, there are very little barriers to entry. This implies that it is easy to venture into a certain industry. Every participant in the perfect competition is a price taker. This implies that every firm will take the price which is offered at the market. An individual firm in this case does not have any power to influence the market price. Another category of the market structure is the monopoly. This is the business structure where there is only one firm in the market. There is a high barrier to entry into such a market. In this category of the market structure, the firm is the portico maker. This implies that the firm has the power to determine the price. Therefore, there are high chances of customer exploitation in this market structure. This is because there is no competition for customers. This may also discourage the firms from innovation because the firm does not face any threat from competitors. The other form of the market structure is the oligopoly. This form of market structure is characterized by few firms which produces differentiated products. There are high barriers to entry. This is the reason why there are a few firms in an industry. Firms in this form of market structure are the price makers because there are just a few firms in a certain industry.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More From this discussion, it can clearly be seen that the market structure for the airline industry is oligopoly. This is because there are just a small number of companies in the industry. However, there is a higher level of competition in this market structure compared with the monopoly where there is only one seller. In the airline industry, each company has the pricing power. This is because there are just a few firms in the industry. However, it is important to note that these firms do not have the power of setting the prices just to the levels they want. In the airline industry, every organization affects the market. However, an organization is also affected by the decisions made by other organizations in the industry. The set up costs on the airline industry is extremely high. Therefore, although there are high profits to be made, high costs forms a barrier to entry. For instance, setting an airline in the United States of America is extremely expensive. This is the reason why there are just a small number of companies operating in the market. This is unlike the case of a hotel which is easy to start up. In airli ne industry as an oligopoly, there are sometimes price wars. This is where one company cuts its prices and others follow by doing the same. This process may usually continue and leads to unhealthy competition which may significantly affect the profitability of an organization. For instance, the British Airways was faced by price wars in 2009 where it was forced to cut down the price of its tickets by 36 percent (Knapton 2008). This negatively affected its profitability. Airline companies usually engage in price wars with an effort of expanding their individual market shares. Reference List Knapton, S. 2008. Price War As Airlines Fight For Passengers Web. Available at: https://www.telegraph.co.uk/travel/2605029/Price-war-as-airlines-fight-for-passengers.htmlAdvertising We will write a custom essay sample on Impacts of the market structure on the business behaviour of companies in the Structure Conduct – Airline Industry specifically for you for only $16.05 $11/page Learn More Tuto2u, 2011. Market Structures – Summary Web. Available at: https://www.tutor2u.net/economics/reference/key-summary-on-market-structures

The Various Pen Names for Theodor Geisel

The Various Pen Names for Theodor Geisel Theodor Ted Seuss Geisel wrote more than 60 childrens books and became one of the most famous childrens authors of all time. He used a few pen names, but his most popular one is a household name: Dr. Seuss. He penned a number of books under other names, such as Theo LeSieg and Rosetta Stone. Early Pen Names When he first began writing and illustrating childrens books, Theodor Geisel combined Dr. and Seuss, his middle name, which was also his mothers maiden name, to create the pseudonym Dr. Seuss.   He started the practice of using a pseudonym when he was in college and he was stripped of his editorial privileges for the schools humor magazine, the Jack-O-Lantern. Geisel then began publishing under aliases, such as L. Pasteur, D.G. Rossetti 25, T. Seuss, and Seuss. Once he left school and became a magazine cartoonist, he began signing his work as â€Å"Dr. Theophrastus Seuss† in 1927. Although he did not finish his  doctorate in literature at Oxford as he had hoped, he still decided to shorten his pen name to â€Å"Dr. Seuss† in 1928.   Pronunciation of Seuss In acquiring his new pseudonym, he also gained a new pronunciation for his family name. Most Americans pronounced the name Soose, rhyming with Goose. The correct pronunciation is actually Zoice,  Ã‚  rhyming with Voice. One of his friends,  Alexander Liang, created a Seuss-like poem about how people were mispronouncing Seuss: You’re wrong as the deuceAnd you shouldn’t rejoiceIf you’re calling him Seuss.He pronounces it Soice (or Zoice). Geisel embraced the Americanized  pronunciation (his mothers family was Bavarian) because of its close correlation to famed childrens author Mother Goose.  Apparently, he also  added the Doctor (abbreviated Dr.) to his pen name because his father had always wanted him to practice medicine. Later Pen Names He used Dr. Seuss for childrens books that he both wrote and illustrated. Theo LeSieg (Geisel spelled backwards) is another name he used for books he wrote. Most of the LeSieg books were illustrated by someone else. Rosetta Stone is a pseudonym he used when he worked with Philip D. Eastman. Stone is an homage to his wife, Audrey Stone. Books Written Under Different Pen Names Geisel wrote 13 books under the name  Theo LeSieg. They were: Name of the Book Year Come Over to My House 1966 Hooper Humperdinck...? Not Him! 1976 I Can Write! A Book by Me, Myself 1971 I Wish That I Had Duck Feet 1965 In a People House 1972 Maybe You Should Fly A Jet! Maybe You Should Be A Vet! 1980 Please Try to Remember the First of Octember! 1977 Ten Apples Up on Top 1961 The Eye Book 1968 The Many Mice of Mr. Brice 1973 The Tooth Book 1981 Wacky Wednesday 1974 Would You Rather Be a Bullfrog? 1975 Geisel wrote one book as Rosetta Stone in 1975, Because a Little Bug Went Ka-Choo!  It was illustrated by Michael  Frith.  Ã‚   Most Famous Books Seusss top-selling books and best-known titles include Green Eggs and Ham, The Cat in the Hat, One Fish Two Fish Red Fish Blue Fish, and Dr. Seusss ABC. Many of Seusss books have been adapted for television and film and inspired animated series. Popular titles to hit the silver screen included How the Grinch Stole Christmas, Horton Hears a Who, and The Lorax.

Media Ethics (Philosophy) Essay Example | Topics and Well Written Essays - 1250 words

Media Ethics (Philosophy) - Essay Example And with this haunting one’s mind, there is basically nowhere to better start looking for the answer but in the very institution that is created for these dynamic exchanges – media. Recognizing the vast influence and the major role that mass media plays in he lives of people, Noam Chomsky’s definition of mass media strikes at the very heart of what it is all about. He claims that â€Å"the mass media serve as the system for communicating messages and symbols to the general populace. It is their function to amuse, entertain, and inform, and to inculcate individuals with the values, beliefs and codes of behavior that will integrate them into the institutional structures of the larger society.†1 If the very nature of mass media is what Chomsky describes it to be, it is but fitting for us to reevaluate the value of mass media, as we now know it. Edward S. Herman and Noam Chomsky in their book Manufacturing Consent: The Political Economy of the Mass Media claim that mass media is never really objective and fair in its account of what is happening around us, around the world. Rather, mass media since the start of the late modern period and made more significant after the end of World War II has been an institution that caters to the demands and whims of the capitalists owners and major stock holders in the field. Thus, tainting the noble start of media – to inform people. Chomsky is in fact claiming that media is in effect a tool that is being used for propaganda by the superstructure that dominates the society. And this is made possible because the â€Å"raw material of news must pass through successive filters, leaving only the cleansed residue fit to print. They fix the premises of discourse and interpretation, and the definition of what is newsworthy in the first place, and they explain the basis and operations of what amount to propaganda campaign.†2 And one of these filters is â€Å"anticommunism† as

Normative Ethical Theories Essay Example | Topics and Well Written Essays - 750 words

Normative Ethical Theories - Essay Example Firstly, it is necessary to define and interpret the true nature and meaning of the deontological perspective as a means to adequately provide a normative interpretation of FGM. A deontological approach merely specifies that the end ethical consideration of a given action or decision must necessarily consider the impact upon the rights of other individuals in order to determine whether such a course of action or approach to a given issue impacts or infringes upon the rights of another. Naturally, for purposes of the subject matter regarding FGM, such an approach is appropriately suited to helping to come to a very clear and determinant point of view with regards to whether the practice should be allowed to exist or should be deemed ethically and morally reprehensible. Without delving too deeply into the physiology involved, one can understand that the practice of FGM has far reaching implications for both the psychological and physical health of the child upon whom such a practice is directed. Moreover, the fact of the matter is that FGM does not ask the permission of the woman prior to being enacted. Almost invariably such a practice is employed prior to the child being able to speak, walk, or otherwise express themselves (Nussbaum 1999). In this way, one can readily see that the only shareholder in the process that has the ability to make a well informed and moral determination is the surgeon or individual who is responsible for cutting off the clitoris of the young child. In this way, the needs of the woman that the young child will grow into are not considered, and no sought. A cultural interpretation of ethical and moral decision making is employed. As such, it is understood that it is the in best interest of the child involved to perform such a procedure. In this way, the ethical issues breaks down to a question of whether culture is able to be judged as a higher ethical good than any other normative ethical approach. It is the approach of the deontologis t that such an answer can be found via an understanding of the net negative effects that such an approach affects on others. From this point of view, it is clearly obvious the FGM is both barbaric and heartless as it pays little to no attention to the tender and un-vocalized needs of the woman who is having her genitals mutilated (Okwudili et al 2012). Moreover, the deontological approach views the issue from a very ethically determinant standpoint; if the impacts of a given action are causing pain/hardship, and/or harm by way of a specific action, it is therefore unethical and should be re-evaluated and/or discontinued. As such, the type of obligation and duty that deontology speaks to engage the ethicist with the realization that he/she has an obligation to the needs and happiness of others affected by the choices that he/she will make in the ultimate determination of right and wrong. As with any of the normative approaches to ethical thinking, such an approach necessarily disrega rds one theory or practice at the expense of its own interpretation of what is ultimately right or wrong. As stated, from a deontological perspective, it is impossible for the ethicist to promote the process of FGM or any other such process that

Selection of Plant Manager Essay Example for Free

Selection of Plant Manager Essay Dynamo Industries, a medium sized firm manufacturing electrical motors in its various plants across USA is to recruit a plant manager for its Pittsburgh plant. The Pittsburgh plant has been facing issues like higher production costs, work slowdowns and a demotivated workforce due to which the last plant manger was asked to leave. Dynamo Industries is now looking to hire a new plant manager for the Pittsburgh plant. After a thorough screening using some expensive selection devices, the company has shortlisted 8 candidates. The task is to select one candidate out of these eight shortlisted for the role of the plant manager. Â  The plant manager reports to Vice President (Production). He is responsible for the operating efficiency of the plant. He should be good at people management skills and knowledgeable of production methods and equipment. He is also directly or indirectly responsible for procuring materials, quality control, budgeting, plant maintenance, establishing safety regulations and union management and contract negotiations. As the plant is facing two major issues in terms of higher production cost and poor worker relations, the candidate should possess good interpersonal skills as well as knowledge on production processes and management techniques. It would definitely be an advantage if the candidate is promoted within the ranks as this sends good signal within the organisation about opportunities for personal growth for the employees. However we would prefer Kathy Joyce to be appointed as Plant manger due to the following reasons other than the selection evaluation scores, 1)Being an employee of the company, this would be a lateral movement and will be looked upon favourably by the employees. 2)Also Kathy herself is keen to get relocated to Pittsburgh due to personal reasons and this motivation can work in favour of the company. The company also needs to establish a proper philosophy of recruitment, promotion and lateral placements.

Abortion Essay -- Abortion

Abortion A young women who just recently married at the age of 24 is six months along in her pregnancy. By her eighth month, she has came across complications. Within one week, they continue to get progressively worse. She is eventually rushed to the hospital. There her symptoms are studied by medical professionals. She soon is told that her complications are so severe that they might cost her her life. She is now faced with a choice. A medical dilemma of saving her life with the use of an abortion, or the moral dilemma of saving her childs life. What is right? In the U.S. about 1.6 million pregnancies end in abortion. A majority of women in America with an income below 11,000 are 3 times more likely to abort their unborn child rather than those whose income is above 25,000. Also, women who are divorced or unmarried are 4 to 5 times more likely to abort than a stable married woman.(1) The most commonly used procedure for an abortion is the vaccum aspiration which is used during the first trimester (from conception to three months). A tube is simply inserted into the cervix and the contents within the cervix are vaccumed out.(1) Another commonly used type of abortion focuses on the second trimester. This type of abortion is called dilation and evacuation. By this trimester the fetus has slowly developed bones, bulk, and contains movement. Which leaves the second trimester not as easy. Once the fetus and placenta are removed, tweezers are then used to take out the larger parts of the fetus. By the time the fifth month approaches the fetus has entered its third trimester where the abortion becomes both serious and dangerous. As a mother in her fifth month, doctors would induce her with drugs to put her into labor as if she ... ...ause of it’s immoral and life begins at conception. Women have been given the right to have an abortion under the United States Consititution, but this right is still being protested by the people that fight for the unborn’s rights. Pro-life activists claim that its immoral because they simply defined it as murder. Life begins at conception another strong point brought up by pro-life activists. Before a child is born it is given all of it's necessities to survive. Before birth the child heart beats, the gastric juices flow in the stomach, and all it's necessary organs are intact. The unborn child thinks, dreams, and feels pain.(1) The abortion issue is a constant debate in our society and it is amazing that faith and reason can determine the life of a child. Maybe soon the abortion issue will reverse, and people will see the rights of the unborn as a great importance.

Why Communication Is Important in a School Setting

How communication supports positive relationships. Communication is the process of establishing meaningful relationships among human beings. Part of communication is used to share information, thoughts and feelings between each other. Effective communication ensures whether the transmitted contents are received and understood by someone in the way they were intended. Also the common goal of effective communication includes creating a general perception, changing behaviours and acquiring correct information. Many people think that communication is easy.It is not just about talking. There are many other things involved with effective communication such as gesture, proper body language, expressions and listening. Communication should not only be mistaken for information sharing only. Effective communication is important in developing positive relationships with children, young people and adults in all walks of life and at any age whether it be with relatives, friends, neighbours, collea gues, associates or even total strangers. Also, effective language skills are essential for children to access the curriculum.Effective communication in a school is capable to facilitate talent, creative thinking, a change in attitude etc. It is extremely important that pupils learn the value of team work and co-operation from the early stages of their lives. A school is a place where the pupils learn that they have to communicate with other fellow pupils to get work done. It is in the school that the students learn that their ideas, opinions and efforts are valued and that they are active members of the society. Effective communicators must be able to look at things from different perspectives.This enables you to see things from a different view point, helping to build trust and show respect for another person’s feelings on a situation. It also shows that you are interested in what someone has to say and will listen without judgement to both sides of a story. If someone feel s they can come and talk with ease and without barriers self-esteem is greatly improved and can lead to more positive relationships with children, staff and parents. Principles of relationship building. Maintaining a good line of communication in school is important for students, arents and the staff. There are several reasons why it is important for school staff to communicate well with each other Good lines of communication. In schools the Head-teachers , teachers, support staff and pupils must all be consistently involved in the process of effective communication. Effective communication has everything to do with constructing a positive school environment. The principles of relationship building with children, young people and adults can be put down to the dispositions and attitudes of the people that the relationship is between.Relationships of any kind are best built on a foundation of trust and mutual respect if it is to develop into a healthy one. A calm disposition is requir ed especially when dealing with behavioural issues conflicts or disagreements. It is important to be open and approachable so that whenever you interact with someone, they feel at ease, valued and secure. Teamwork plays a big part in showing that whatever the problem everyone understands that there are mutually agreed lines of communication whether it be with children, staff or parents. Positive relationships are built not made and everyone has something different they can contribute.A school is a learning-rich environment, and every member of the school is expected to communicate effectively and contribute to building relationships and show good interpersonal skills. Good communication is also important because it helps to build positive relationships. When clear expectations and boundaries are established and you make your point as plainly and as simply as possible then that leaves no room for interpretation and this creates a positive learning or working environment. In an enviro nment such as this, healthy relationships can be nurtured between anybody.

What Actions Might Be Taken Limit Price Fluctuations?

Title: Distinguish between price elasticity of demand, cross elasticity of demand and income elasticity of demand. What actions might be taken by countries and companies to reduce or limit price fluctuations? Class: Business J Student: Ibrokhim Parviz Student ID: 99592 Tutor name: Sally Word account: Introduction: Nowadays in modern developed market change in prices and other factors are very expected. The change in one of the factors for instance price and effect of it on another factor like demand or supply are measured by elasticity. Elasticity is the measure of how the change in one of the factor will be affected on the other factors.Elasticity measures extent to which demand will change. Measure easily can be calculated in percentage (Anderton 2008). After a calculation of elasticity, it’s divided into three types which are classified by values of elasticity: perfectly elastic-infinity; elastic – if value is greater than one; perfectly inelastic- equals zero; inela stic – if the value of elasticity less than one; unitary elasticity – if the value is exactly one (Anderton 2008). There are four basic types of elasticity measure: Price elasticity of demand; Income elasticity of demand; Cross elasticity of demand and Price elasticity of supply.In this essay will be discussed types of elasticity and government intervention in the open market, benefits and negative impacts (Anderton 2008). Note: New quantity demanded – ^Q; New price – ^P; Original Demand – Q; Original Price – P; Percentage change in quantity demanded-%Q; Percentage change in quantity of supply-%S; Percentage change in Price-%P Formula: P (times) ^Q (over) Q (times) ^P Price Elasticity of Demand: Price Elasticity of Demand or also known as Own Price Elasticity of Demand (PED), measures the responsiveness of change in quantity demanded to change in price.The formula is: percentage change in quantity demanded over the percentage change in price . PED has – (negative) sign in front of it; because as price rises demand falls and vice-versa (inverse relationship between price and demand). Determinants of PED are the availability of substitutes and time. PED have some links with changes in total expenditure (Anderton 2008). Example: After increasing price from P1 to P percentage change in price was 10, demand for good X is decreased from Q1 to Q and percentage change in quantity demanded is 60, what is price elasticity of this good?Solution: Formula is %Q / %D, so 60/10=6. PED is greater than one so its elastic good. Elastic demand curve of the Good X Price P P1 0 Q Q1 Quantity Income Elasticity of Demand: Changes in real income of individuals can change the spending pattern of consumers. For instance if the consumer use to buy ketchup made by supermarket which is Normal good, after the increasing of income he can buy a Heinz ketchup so, Heinz will come as normal good, and the ketchup of supermarket production will be i nferior good (Anderton 2008).This change measured by Income Elasticity of Demand (Anderton 2008). The formula is percentage change in quantity demanded over percentage change in income. If the answer will be positive sign it means its normal good; if negative sign, inferior good. Difference between inferior good and normal is by their income elasticity of demand. For instance holidays and recreational activities are with high income elasticity of demand, whereas washing up liquid have a low income elasticity of demand. If the value of income elasticity is lies between +1 and -1 so its inelastic.If it greater +1 or less than -1 so it is elastic. Example: Demand for housing increase by 10 per cent, simultaneous income of consumers rises by 5 per cent. Calculate income elasticity of demand. Solution: Formula is percentage change in quantity demanded over percentage change in income, so 10/5 = 2. The value of income elasticity of demand is greater than one, so it is elastic. Cross elast icity of demand: As it knows change in price of good can affect change in demand of that good. However, if the goods are substitute or complements, the change of price in one of them, may lead to change in another.Cross elasticity of demand measures this kind of changes (Anderton 2008). Good which are substitutes will have a positive cross elasticity, and if goods are complement, it will have a negative cross elasticity. If the goods have a small relationship between each other the may have a zero cross elasticity. For instance a rise in demand for luxury cars, likely may have no effect on Tipp-Ex. Demand is cross elastic if it is between +1 and -1, if cross elasticity is greater than +1 or less than -1, then it is elastic.Example: Price of macaroni was increased by 10 per cent. Quantity demanded for cheese was increased by 20 per cent. What is cross elasticity of demand. Solution: The formula is Percentage change in quantity demanded of Good X over percentage change in price of Goo d Y. So, 20/10=2. Value is greater than one, so it is elastic. Price elasticity of supply: Also can be measured the responsiveness of quantity supplied to changes in price, this is called Price Elasticity of Supply (Anderton 2008). The formula is: percentage change in supply over percentage change in price.The curve of supply is upward sloping; it means an increase in price leads to an increase in quantity supplied. An elasticity of supply equal one can have a straight line which passes supply curve. For instance if the price of shoes goes up, producers to make more profit produce more shoes which leads to increase the supply. Example: The percentage change in price is 10, the percentage change in quantity supplied is 20. Calculate the price elasticity of supply. Solution: 20/10=2, so product is elastic. Elastic demand curve of the Good X P P1 Price / Q Q1 Quantity The prices of commodity goods are going up and down. The reason of price fluctuation is changes in supply or demand. Eq uilibrium in price find when supply and demand will intersect each other. The change in one of them will cause price fluctuate. For instance the problem with supply may cause poor harvest or loss in production. Change in demand can be caused by change in technology, income or substitutes (Parkin 2010). Mostly in agricultural or commodity markets there is large price fluctuation in price in very short time.This can give negative impact on producers, for instance they may have over or under production in short term; or calculate over or under investment in long terms. Also prices can be too high for essential goods, like bread or rice, problem with this goods can cause a disorder in country caused by young adults which not satisfied with high prices, similar situation was in Egypt in 2011. On the other hand prices can be too low, for instance cigarettes, its generally known that smoking harms health, governments to protect citizens making new rules, for which they spend money, for tha t reason it can make negative impact on governments economic.Another example can be farmers, if the incomes of farmers will be too low, they can leave the land and stop production, so governments needs to decide to increase their incomes (Parkin 2010). Although there is also other motives of intervention government to market. Government can intervene market for benefits of their citizens or themselves. For instance, Organization of the Petroleum Exporting Countries or OPEC, this organization is a group of countries which sets prices high in long term to increase their revenues (Parkin 2010). By the way theoretically it can increase living standard of citizens that country.Stable prices: The reason why stable prices are important for companies or government is that big firms can have a plan on a long term basis; if consumer spend on one good more than on another it may cause problem for other part of economy of country. Governments of each country decide how to reduce or limit fluctu ation. There are few ways that government can equalize the price and keep it stable. For instance: maximum/minimum prices; encourage the development of substitutes; establish buffer stock; use of subsides; devote more factor resources; export bans or changes in import tariffs.Now will be discussed they ways of intervention with the positive and negative sides. Maximum prices: Government can intervene market and set up new maximum price which will be lover then previous to help consumers in short term be available to purchase that good. In long term in can cause problem, because consumer will demand more, but sellers will supply as usually, so there may be arise problem with excess demand. Minimum prices: Minimum prices are usually to help producers increase their incomes.Negative impact of this change is that consumers can react on higher price of good, and decrease the demand, so in the end there will be excess supply (Parkin 2010). However, there is two solutions for excess supply . One of them is to buy the extra production by the government and sell it back in low prices, sale it to farmers for their animals, offering it to those who in need this good in EU or to sell it to Third World countries at rock bottom prices (Parkin 2010). Another way to solve it is to restrict the production. The government can force the farmers to leave the part of their land uncultivated(Parkin 2010).This can lead to shifting the supply curve to the left. Reducing output to achieve higher prices is the way in which OPEC works(Parkin 2010). New substitutes: Government can encourage new substitutes. For instance substitutes for coal energy can be solar energy or wind energy (Parkin 2010). New substitutes can increase supply, by shifting it to the right and decrease the price. These substitutes at beginning need a lot of investment. They need to be invested in long term to keep it working. Also there is other factors which can decrease or increase spending.For instance if it is dus ty country government need to keep clean the solar energy equipment. So there is needed machinery and people who will keep it clean in every period that needed. Buffer stock: Buffer stock is an organization which buys and sells goods in the open market to stable price in the market. If the price of goods goes down, buffer stock, buys the goods for stabilizing price, if the price goes up, buffer stock sells good, to take price down. The way buffer stock theoretically seems to be easy in practise, but actually it needs a lot of investment (Sloman 2006).First needs in money is for the goods that must be bought in market. Secondly goods must be stored at condition that can keep it over long time for use. For instance rice must be kept in place with access to fresh air in +15 +20 temperature. Thirdly goods must be under security. On the other hand, theoretically buffer stock can bring profit, because the goods are bought in low market price where was intervention and sold below the inter vention. This is mostly with primary products, such as gold, tin and agricultural-wheat and beef. This mainly due to supply side influences.For instance demand and supply for canned tomatoes can be staying same for long term, nearly one year. If there excess in supply, canned tomatoes can be stored, if demand increase they can sell from stored. However, this is different for fresh tomatoes, for instance supply in summer time is great and price relatively low, but in winter time the supply is low and prices are high. Example for intervention of buffer stock on market can be olive oil. In European Union there is excess supply and prices of oil going down. Farmers are disappointed because they lose profits. European Union decided to buy olive oil for 24$ million dollars.Use of subsidies: Government to stabilize the price can use of subsidies. Subsidies is the money which is granted to producers to reduce the production, or to decrease the price. For instance producers of the rice have excess supply over long term which leads to decreasing the price. Next time government gives money for farmers to leave a piece of land uncultivated so there will be no excess supply. The different interventions are likely to be: The different interventions are likely to have some advantages and disadvantages. Government should make a research before starting intervention on market (McDowell 2012).It must be taken into account every question which can be come up in realisation of the project. For instance before encourage new substitutes how it can effect market, is it effective, or how much needed investment for start-up. All this question must be seem from every sides so in the future there will not be problem. Bibliography: Anderton, A (2008). Economics Fifth Edition AQA. 5th ed. Essex: Pearson education. P30-132. McDowell, M. (2012). Economics. London: McGraw-Hill Higher Education. p45-62. Parkin M. (2010). Economics. 9th ed. US: Pearson. p56-60. Sloman, J. (2006). Economics. 6t h ed. London: Financial Times Prentice Hall. p89-104.

Extra Classes Essays

Extra Classes Essays Extra Classes Essay Extra Classes Essay Extra classes a waste of time and resources SOME schools extend schooling time to hold extra classes. The schools think that this will guarantee straight A’s students. I do not think so. After-school hours are for students to play games, join some social events or other beneficial activities. And the school holiday is a very crucial time for students because they can rest and indulge in their favourite pastimes like reading, playing outdoor games, travelling, etc, which they would not otherwise have the time for. All these activities are beneficial to them as they are in their growing years. Malaysia is a tropical country with a hot and humid climate and it is not conducive for students and teachers alike to study and teach in the hot afternoon. Extra classes are normally an extension of school hours, which make it very uncomfortable, and coupled with their tiredness make these lessons a waste of time and resources for both teachers and students. One thing about extra classes is that control and supervision by the school authorities tend to be lax. And because of this, students often flout school rules by playing truant and bringing mobile phones to class. This then defeats the whole purpose of having tuition classes! So why have tuition classes? It is a waste of time and resources to parents and the school authorities, not to mention the desired end-results. Students should be committed to their studies when in school. Schools should develop each student’s talents according to his or her potential. That will effectively nurture students. Extra classes burdening and unnecessary? EF International Academy www. ef. com/academy More parents are sending their children, aged between 7 and 10, for private tuition. They cite competitive school environment, crowded classrooms and changing standards of language as reasons. But there are also perceptions that extra tuition places unnecessary stress on the child, writes Rozanna Latiff SHARON Lieu, a 36-year-old mother of three, sends her eldest daughter, aged 8, for Mathematics and English tuition twice a week. Even though Lieu does not believe that primary school children should be attending tuition classes, her daughters struggle to catch up with her classmates had forced the matter. In school, her class is so big that the teachers dont have time to help the few who cannot follow the lessons. Some have even told the students, Ask your tuition teacher when the child says they cant understand. Lieu said she had little time to teach her daughter on her own as she was often busy with work and taking care of her younger children. I wish that I did not have to send her for tuition, but it is the only way she will be able to keep up. I think many paren ts feel the same way, especially as schools have become more competitive. School authorities and parent groups generally agree that sending children under 10 years old for private tuition was unnecessary. Some, such as the National Collaborative Parent-Teacher Associations of Malaysia president Associate Prof Datuk Dr Mohd Ali Hasan, believe that sending pupils for tuition too early could even be detrimental to their social development. Children should be allowed time to play and learn at their own pace. Putting too much pressure on them to succeed academically at an early age means that there will be less time for them to learn to socialise or communicate effectively with others. Stress can also affect them emotionally. Ali said the most important part of early education was learning the basic skills of reading, writing and counting, which weaker students can master under the education ministrys learning and numeracy (Linus) remedial programme. He said tuition should be a measure of last resort when the student is truly struggling with schoolwork. It is crucial that they learn to read and count by Year Three. But apart from that, parents should just let children be children. Nevertheless, the Education Ministry believes that there is little to stop parents from sending their children to tuition outside school hours. Ultimately, it is the parents choice. Im not saying it is healthy, but parents just want the best for their children. If they believe tuition is the way to go, then there is nothing to stop them, deputy education minister Dr Puad Zarkashi said. Puad, however, remained sceptical on whether private tuition centres offered the best education for children. The best kind of tuition allows th e child to study one-on-one with the teacher. But most centres usually have several students to one teacher. Some centres even crowd up to 40 students in one class. So, I dont believe they make much of a difference. Read more: Extra classes burdening and unnecessary? Top News New Straits Times nst. com. my/top-news/extra-classes-burdening-and-unnecessary-1. 52841#ixzz2IFQypuPW [pic]About EF Founded in 1965, EF Education First is the worlds largest private education company. We offer language education for students and professionals in more than 50 countries. [pic]EF Research Unit at University of Cambridge EF has established a Research Unit at the University of Cambridge Department of Theoretical and Applied Linguistics to collaborate on fundamentally improving the way students learn English. EF International Academy Admissions Office Haldenstrasse 4 Luzern 6006 Switzerland Tel: +41 41 417 46 31 [pic]EF International Academy in New York, Oxford and Torbay are IB world schools. [pic]The EF schools in London, Cambridge, Oxford, Manchester, Brighton and Bournemouth are accredited by the British Council. [pic]The EF school in Torbay is accredited by the British Accreditation Council for Independent Further and Higher Education [pic]The EF school in New York is a member of the American Association of Intensive English Programs. [pic]EF International Academy schools are accredited by the University of Cambridge International Examinations Centre.

Understanding State Terrorism

Understanding State Terrorism â€Å"State terrorism† is as controversial a concept as that of terrorism itself. Terrorism is often, though not always, defined in terms of four characteristics: The threat or use of violence;A political objective; the desire to change the status quo;The intention to spread fear by committing spectacular public acts;The intentional targeting of civilians. It is this last element - targeting innocent civilians - that stands out in efforts to distinguish state terrorism from other forms of state violence. Declaring war and sending the military to fight other militaries is not terrorism, nor is the use of violence to punish criminals who have been convicted of violent crimes. History of State Terrorism In theory, it is not so difficult to distinguish an act of state terrorism, especially when we look at the most dramatic examples history offers. There is, of course, the French governments reign of terror that brought us the concept of terrorism in the first place. Shortly after the overthrow of the French monarchy in 1793, a revolutionary dictatorship was established and with it the decision to root out anyone who might oppose or undermine the revolution. Tens of thousands of civilians were killed by guillotine for a variety of crimes. In the 20th century, authoritarian states systematically committed to using violence and extreme versions of threat against their own civilians exemplify the premise of state terrorism. Nazi Germany and the Soviet Union under Stalins rule are frequently cited as historical cases of state terrorism. The form of government, in theory, bears on the tendency of a state to resort to terrorism. Military dictatorships have often maintained power through terror. Such governments, as the authors of a book about Latin American state terrorism have noted, can virtually paralyze a society through violence and its threat: In such contexts, fear is a paramount feature of social action; it is characterized by the inability of social actors [people] to predict the consequences of their behavior because public authority is arbitrarily and brutally exercised. (​Fear at the Edge: State Terror and Resistance in Latin America, Eds. Juan E. Corradi, Patricia Weiss Fagen, and Manuel Antonio Garreton, 1992). Democracies and Terrorism However, many would argue that democracies are also capable of terrorism. The two most prominently argued cases, in this regard, are the United States and Israel. Both are elected democracies with substantial safeguards against violations of their citizens civil rights. However, Israel has for many years been characterized by critics as perpetrating a form of terrorism against the population of the territories it has occupied since 1967. The United States is also routinely accused of terrorism for backing not only the Israeli occupation but for its support of repressive regimes willing to terrorize their own citizens to maintain power. The anecdotal evidence points, then, to a distinction between the objects of democratic and authoritarian forms of state terrorism. Democratic regimes may foster state terrorism of populations outside their borders or perceived as alien. They do not terrorize their own populations; in a sense, they cannot since a regime that is truly based on the violent suppression of most citizens (not simply some) cease to be democratic. Dictatorships terrorize their own populations. State terrorism is a terrifically slippery concept in large part because states themselves have the power to operationally define it. Unlike non-state groups, states have legislative power to say what terrorism is and establish the consequences of the definition; they have force at their disposal; and they can lay claim to the legitimate use of violence in many ways that civilians cannot, on a scale that civilians cannot. Insurgent or terrorist groups have the only language at their disposal - they can call state violence terrorism. A number of conflicts between states and their opposition have a rhetorical dimension. Palestinian militants call Israel terrorist, Kurdish militants call Turkey terrorist, Tamil militants call Indonesia terrorist.

Pantomime Essay Example | Topics and Well Written Essays - 1000 words

Pantomime - Essay Example t she doesn’t fit the demands and definition of what is expected of women in a corset and crinoline world.She struggles both biologically and psychologically with the notion of both having two genders in one body.Inaddition,stemming from his past in dealing with his present circumstances,he finds that he has to properly handle his sexual feelings as pertains to his fellow aerialist Aenea and the white clown Drystan.They realize that there was nothing perturbing about a person being intersex and that there was more to it than was thought.This realization dawned on them both- Micah and Gene,when they had made the decision to lead their own lives as they were, and when the mysterious secrets of the world suddenly opened in 10,860. Pantomime is a story about two different people trapped in the same body but who in their own different ways have impacted onto each other’s lives significantly.Moreover,whilethe intimate manner in which the author has treated sensitive issues generally associated with intersex people to be deeply moving and empathichowever,it is not clear if the author precisely sought out the real information and experience from intersex people inspite of the fact that through the story,she appears to acknowledge rather than defend a lot of uncertainties existing by default between the two genders.But she brings out the point clearly when Micah and Gene question themselves in order to find out exactly whether their attraction is matter driven by the masculine or feminine nature.Thus, in as much as anybody is who they are,but could a person’s biological sexuality really be the yardstick of defining who they are? Pantomime as a story,alternates between past and present and narrates Gene and Micah’s history as composed of elements of both shame and acceptance-especially from the brother Cyril,the unpleasant experiences with doctors and potential suitors,and in addition the need to keep secrets.Throughout the story,it is clear that there is a close

P&G Essay Example | Topics and Well Written Essays - 500 words

P&G - Essay Example Case Study: Procter & Gamble – Vizir Launch Case summary Procter & Gamble’s (P&G) corporate policies and organizational practices, both at home in the USA and globally, form the backdrop to this case involving critical decisions on introducing Vizir – a heavy duty liquid detergent (HDL) – in Europe. Although the test marketing results of a few months are encouraging, they may not guarantee the product success in view of the competition and local market conditions. The underlying point is that for a marketer, competition is as important as consumer acceptance (Kotler, 2006, pp. 168-189). In pushing through Vizir either in Germany or in the entire European market, P&G had to assess the threats from competition, risks of high investment in promotion and its impact on profitability of operations, and changes to its established organizational practices. Tools Porter’s Five Force analysis is one appropriate tool that helps us to understand threats from co mpetition (Porter, 2004). These are segment rivalry from existing competitors, potential new entrants, substitute products, bargaining power of buyers/suppliers. In a related way, the market matrix consisting of entry and exit barriers vs.