Wednesday, December 25, 2019

A Comparison Of Toughets And A Pair Of Tickets - 1139 Words

Two sets of families filled with emotions, hopes, and promises to embark on separate journeys. Anticipating the feelings and emotions of meeting up with their loves ones. Different situations cause for different reactions, with similar causes. The short story â€Å"A Pair of Tickets† written by Amy Tan and the story â€Å"Everyday Use† written by Alice Walker both gives insight on the true gut wrenching feelings behind the importance of family and how a mother’s opinion can affect the actions and mindset of her children. Each story has a common foundation, but splits into separate routes. Noting these similarities and differences can truly help us understand how a family’s past can affect each piece of the future. Starting with the setting in each†¦show more content†¦Mama begins with the words â€Å"I will wait for her in the yard that Maggie and I made so clean and wavy yesterday afternoon. A yard like this is more comfortable than most people know.† (Walker 268) Mama feels confident on the feeling of being in a large area waiting on the arrival of her daughter, but you can still hear the nervousness and anxiousness she has when she later starts to compare herself and Maggie to Dee while awaiting her arrival. These stories show us that no matter the space or the setting awaiting the arrival of a close family member will almost always generate the same feelings. When it comes to symbolism, the interesting finding in both short stories is that both stories mention use of a polaroid picture. Although it is included in both stories as a keepsake element they both have very different character reactions. In the short story â€Å"Everyday Use† as the daughter Dee’s arrives to the from yard she takes polaroid pictures of mama and Dee before greeting them. It seemed rushed in Dee’s approach and almost unnoticed by Dee and mama. In retrospect, in the story â€Å"A Pair of Two Tickets† Jin’Mei’s mother stuck a polaroid picture with writing on the back of her address and a message of endearment in her twin daughter’s pocket frantically, in hopes that someone would find them and look at the polaroid to trace them back to her. It carried so much strength throughout the story which led

Monday, December 16, 2019

The Analysis Of The 2007 Mineral And Mining Act Essay

Additionally, the Act limits the duration of contract and exploration rights to 25 years, renewable after 24 years upon a successful preservation of the standards, including environmental regulations stated under the Act. The analysis of the 2007 Mineral and Mining Act demonstrates that the excesses of the environmental damage in the Niger Delta region did not emanate from inadequate legislation. The problem is an ineffective implementation of the Act. As indicated in the first part of the paper, the Nigeria government lacks the political will to implement the appropriate clauses important for the protection of the Niger Delta’s ecosystem because a significant percentage of the government expenditure comes from revenues generated by oil corporations. The government’s incapacity to implement the Mineral and Mining Act results from a fear that strict adherence to the Act might dwindle national revenue, and constrains budget. While this fear is a genuine one, it can however be partly addressed by a diversification of the national economy, from oil based to include other sectors of the economy. Diversify the Economy There is a causality between lack of economic diversification and high levels of vulnerability. This is the case in Nigeria as the oil sector contributes more than half to the country’s GDP, yet, it only provides employment to les than 5 percent of the country’s teeming population. Over reliance on oil does not destroy Delta’s ecosystem, but alsoShow MoreRelatedBhp Billiton And World Biggest Natural Resources Organisation1114 Words   |  5 Pageslargest copper producer and third largest nickel producer. Background of the organisation BHP BILLITON is merger of two companies. First one is BHP (Broken Hill) was formed by Charles Rasp in western New South Wales. BHP started their business with mining of silver and lead. Second one is Billiton used to abstract tin in mid-1800s. BHP was largest zinc producer but when these came to less profitable then David Baker gave advice to established steel making in Australia. Established steel industry wasRead MoreEffects of Strip Mining on the Appalachian Environment Essay861 Words   |  4 PagesCoal mining, in particular, strip mining has become the latest casualty of the growing green movement in the United States. What is strip mining? Encyclopà ¦dia Britannica Online defines strip mining as the removal of vegetation, soil, and rock above a layer of coal, followed by the removal of the coal itself (â€Å"strip†). Most Americans don’t realize the impact this material of biological origin that can be used as a source of energy (â€Å"fossil†), or fos sil fuel, has on their everyday lives or the nation’sRead MoreAN EMPIRICAL ANALYSIS OF ENVIRONMENTAL IMPACT OF FOREIGN DIRECT INVESTMENT IN THE MINING SECTOR IN NIGERIA15805 Words   |  64 Pagesï » ¿ABSTRACT This study attempted to estimate the environmental impact of Foreign Direct Investment in the mining sector in Nigeria. It is argued that only those countries that have reached a certain income level can absorb new technologies and benefit from technology diffusion, and thus reap the extra advantages that FDI can offer. The mining industry in Nigeria is dominated by oil. Indeed, Nigeria is the largest producer of this commodity in Africa and sixth largest producers in the world. This researchRead MoreSouth Africa Pest Analysis1602 Words   |  7 PagesLimpopo, Western Cape. 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Although total local production was low relative to world production, it ranked 2nd to Africa in gold production per unit land area in 1988 and ranked 29th as top gold producer in 2002(Israel and Asirot 2002). In the year 2002–2007, the Philippines’ gold production increased by 8.2%. This contributed an average of 2% gross domestic product (GDP)Read MoreCorporate Governance - Cost Benefit Analysis of Sarbanes Oxley18706 Words   |  75 PagesCOSTS Salim Motala A research project submitted to the Gordon Institute of Business Science, University of Pretoria, in partial fulfilment of the requirements for the degree of Master of Business Administration. 14 November 2007 ABSTRACT The Sarbanes-Oxley Act of 2002 (SOX) is the only legislated corporate governance structure, and is aimed at increasing investor confidence in public companies by forcing them to be transparent in their financial affairs. In order for companies to complyRead MoreAnglogold Ashanti: Analysis of Csr Strategy6695 Words   |  27 PagesAngloGold Ashanti An Analysis of CSR Strategy Performance Essay 1 By: S. BLIDI ELLIOTT Index No.: EMBA 10110042 Course: Ethics, Social Responsibility and Governance Course No.: EMBA 663 Lecturer: Dr. Judy N. Muthuri Date: September 28, 2012 Word Count: 5,709 This essay is the first of a two-part series critically examining the corporate social responsibility (CSR) strategy and performance of AngloGold Ashanti (AGA). This first essay analyses the company’s CSR strategy and activities againstRead MoreSouthwest Calder Valley North Of Lochwinnoch2583 Words   |  11 Pageslive and work within the area. It may look remote but it has a purpose for human activity, as in the past the land has been used as a farm situated close to the current entrance, for field sports such as grouse shooting and more recently for barytes mining. The mine closed in 1969, just before the opening of the country park. (Clyde Muirshiel Park Authority [CMPA from now on], n.d.) The current use of the park is mainly recreational, with a small network of footpaths for walkers, cyclists, and educational

Sunday, December 8, 2019

Business Economics Economy Unemployment

Question: 1. why is unemployment a key factor for the prosperity of the economy? Is structural unemployment an important part of it? Give at least two examples. 2. Identify the key factors affecting the demand and supply for currency. How is international trade affected by changes in the demand and supply for currency? 3. What is the difference between the Government expenditure multiplier and the tax multiplier? What is more preferable for an economy? 4. Define price elasticity of demand. What is the importance for the Business Environment? Give two examples of an inferior goods.? 5. What is opportunity cost? How does opportunity cost affect decision making? Give at least two examples of opportunity cost. ? Answer: 1: In any economy unemployment is viewed as a critical issue that affects the economy to a large extent. The situation of unemployment is likely to arise when an individual is without a job or is seeking one. The economys prosperity gets affected with percentages of unemployment. The government in the country is likely to suffer as it has to provide benefits to the people. The longer the period unemployment is more likely that the government has to shell out more money. The spending of the unemployed individual is likely fall as there is no way of earning any income and the savings also falls. By structural unemployment, we mean there is no match of the skills that is possessed by the worker in an economy and the demand in skills by the employers. This is a very important factor in case of unemployment. This as a result does not solve the unemployment situation in the economy. We have seen in the decades that the industry of manufacturing in United States has fallen. The gap is filled by the information and service industry. The skills required for manufacturing is not similar to that of the service and information industry. As a result the people with manufacturing skills leave the country. A similar case is observed in the textile industry where it used handloom for production. With industrial revolution it was then replaced by machine and required skilled labours and the artisan and weavers lost employment. 2: The factors that affect the demand and supply of currency are mainly due to the following factors: Spending by the consumers: The consumers are likely to spend more when there is any occasion such as Christmas for making purchases. They are likely to liquefy the bonds and the stocks this result in more demand for money. Motives that are precautionary: There may arise a situation where the people might require money in the immediate future. This will result in demand for money. The supply of money is affected by the policies that are adopted by the Central Bank. By international trade we mean the exports and the imports of a country. A case can be represented to show how the changes in the currency affect exports as well as imports. Suppose a owner has chain of stores and is willing to purchase goods from a Chinese company then a check in American dollar is not accepted by the Chinese company. The company then has to go to the foreign exchange to get Chinese currency for American dollar. When US dollars are strong then the imports get cheaper. The imported goods demanded increases and the demand and supply of currency also increases. 3: Though there are some differences in the government tax multiplier and the expenditure multiplier but they are linked to actions of fiscal policy and the output generated in the economy. The tax multiplier measures how much the consumer is willing to spend when taxes are lowered by the government. When there is a tax cut then the spending of the consumer and the disposable income is seen to increase. The consumers are seen to save a part of the income and the rest is used for purchases. The expenditure multiplier refers to the spending by the government and effect of it on the economy. If spending is increased by the government, the money enters into the economy where the consumer saves and spends. Both the multiplier uses MPC in its calculation. The expenditure multiplier is more effective than a tax multiplier because the decreased and the increased spending by government affects the economy more than a tax multiplier. 4: A measure of the relationship between changes in the quantity demanded of a particular good and a change in its price is known as own price elasticity of demand . The sensitivity of prices is reflected from the own price elasticity of demand. The product is elastic when a very little change in prices causes a huge change in the demand for quantity, while the product is inelastic when there is a large change in the prices leading to very insignificant changes in the demand for the commodity. Price elasticity of demand can be used by the companies for the setting of price policies. With the optimum policy of pricing the owner can gain profit through charging the amount that the market can bear. By inferior goods we mean the demand for the goods that is likely to fall with the increase in income of a person. When we are speaking of inferiority of a product we actually relate to the affordability and the behaviour of the product it does not pertain anything that is related to the quality. An example of the inferior good is cheap cars and cheap coffee. In the earlier years we have noticed that the income of the people was generally low to satisfy the transportation needs. They could only afford cheap cars and avoided buying the luxury ones. This was a type of inferior good for the consumers with transportation needs. In case of coffee, a person with lower income is satisfied with inferior quality coffee than an expensive coffee bag from star bucks. 5: The term opportunity cost means that the alternative cost that needs to be forgone so that a certain thing can be pursued. In other words it is the advantages that one receives by undertaking another action. The economic decision making is seen to be directly linked to the opportunity cost. When we consider the personal finances the main thing that is considered is the opportunity cost. They have to evaluate the products value that is forgone to obtain the other product. This is done because they need to pay for the product according to the same budget. This decision choice depends on the opportunity cost of a product and the alternative. The examples of opportunity cost are: A person who stops going to watch a movie in the movie hall for fetching higher grades in the test. The opportunity cost is the cost of enjoying the movie. Suppose there are two flavours in the ice cream parlour i.e. strawberry and chocolate. If someone chooses chocolate then the opportunity cost is the enjoyment of strawberry.

Sunday, December 1, 2019

Strategies of Approaching Business Ventures

Introduction According to Sarasvathy (2008) there are two distinct strategies of approaching business ventures. Sarasvathy identified that causation is a strategy that is strictly reliant on a plan set initially. She described another strategy referred to as effectuation.Advertising We will write a custom essay sample on Strategies of Approaching Business Ventures specifically for you for only $16.05 $11/page Learn More Effectuation model describes the situation in which a business changes in accordance to emerging issues. This model is applied highly by entrepreneurs when venturing into businesses. This essay will focus on evaluating the suggestions of commentators about entrepreneurs and the models. Academic concepts There are various conceptual factors that are applied to facilitate appreciation of businesses. The factors that are listed below represent the ideas enabling concepts of business ideas to flourish. Effectiveness This is the degree to whic h a problem is solved (Needham Dransfield 1994). For a business plan to work precisely, it should focus on the extents of marking and determining the prevailing solution. When the prevailing solutions, directive and proper guideline are enacted they go to fit the issue at hand. This presents a good atmosphere for business development and proper progress. An effective business model facilitates the initiation of proper business strategies that are potentially productive with time. It is vital to note that descriptive analysis converge a wide range of ideas into a comprehensive statement targeted to fulfill the ultimate business goal (McKelvey 1996). For these reasons, entrepreneurs prefer this dynamic model that maximizes profits according to situations. Assessment This involves checking the validity or performance of an influenced decision from time to time (Steingold 2004). It ensures minimal mistakes are made on decisions made concerning the new ventures. Assessments display the nature of the prevailing factors around a business. These assessments help to mitigate the factors and modify the business interactions within the environment. In this way, business manages to exploit the surrounding factors to its advantage. Assessments are, therefore, vital in mitigating the direction of the business and ensuring that proper measures are considered amicably.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Accountability The decisions made concerning the new venture should be realistic and reliable for its outcome (Udell 1991). In most cases, there are factors that must be considered through all means. These include being accountable to the activities that a business performs. For instance, if there are some influences concerning pollution of the environment, there must be responsive factors incorporated to fit into this situation. Probably, the business must take responsi bility by hiring people to take care on this issue. The entrepreneurs prefer effectuation due to the ability to change strategies in accordance to situations. For instance, repairs and urgent issues are addressed amicably. Business Models Merchant These are wholesalers and retailers of goods who sell their goods via listing prices or carrying out an auction. They must be present and available at the prevailing business plans (Forsyth 2002). They, also, set up some systems that seek to put their customers on a competition bid. As a result, they have a chance of selling the products at prices that are suggested by the customers. This ensures that the customers do not lack confidence with the company. Instead, they understand that they have a self-regulating system. Manufacturer They produce goods and avail them to their customers directly. This suppresses the chain of distribution. Consequently, it is vital of consider the place from the manufacturer. This is because consumers get acc ess to the products at cheap prices that a business venture cannot manage. Therefore, entrepreneurs can learn this and take charge of effectuation to implement alternative strategies. The community This model is based on customer loyalty to the buyer. Revenue is based on the level of the advertisement, subscription on goods sale or even voluntary contributions. In this light, the manufacturer supports the community as a way of giving back. In this case, the company focuses on the value maximization rather than the profit maximization. They support the community in cases of sponsoring education of children, and sponsoring events among others. As a result, the customers remain loyal to them and avoid wavering on other companies.Advertising We will write a custom essay sample on Strategies of Approaching Business Ventures specifically for you for only $16.05 $11/page Learn More Utility This is the usefulness of a good or service to a buyer. Consequently, i ts acquisition is based on the usability of the commodity to the consumer (Wren Greenwood 1998). In this light, the manufacturer ensures that the quality of their goods and services is satisfactory. This ensures that the products are usable and meets the needs of the customers. It discourages manufacturing products according to the company’s perspective. On the other hand, it encourages manufacturing products according to the perspective of the customer. Infomediary In this case, the business ventures involve linking buyers to the best products by looking for the best producers of the products needed (Bragg Bragg 2005). Therefore, the customer understands the market well and gets the best commodities to their preference at the time. It seeks to equip the customers with necessary information. This allows them to make informed decisions when buying products. Advertising This kind of business is joined to broadcasting whereby commodities are advertised on the television and on the internet (Arkebauer Miller 1999). This captures market of a product that may be new in a market or substitute goods that are thriving in a very competitive market. It ensures that the company succumbs to the competition that is raised by other company. In fact, advertisements are the most crucial component of any successful business. Affiliate This is a business model that is common in the internet (Forsyth 2002). It does volume marketing of products where people are exposed to advertisements. A good example is the goggle affiliate marketing. This program seeks to allow marketing through personal sites. As a result, goggle acquires a wide network of customers. Brokerage This form of business links between buyers to sellers (Bangs 1996). They carry out transactions in a qualified manner but are liable to the immediate sellers. It enables the customers to attain knowledge about the market position and the products that are in the market. It ensures that they do not miss goods an d services owing to their ignorance.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Leverage Some people venture into businesses through profit making (Appleby 1994). Leverage is a financial activity that arises after multiplying gains by landing out its fixed assets. They do not concentrate on empowering other players in their business. In this case, they deviate from profit maximization and adopt the concept of profit maximization. Leverage This business comes up with new inventions into the market. For example, new phone makes and designs of software are presentable leverage. Innovations ensure that the company will maintain their customers in the business. For example, software industries ensure that updates are developed after some time. It ensures that there is something to get from the developers at all times. Examples The following paragraphs present entrepreneurial businesses that have applied effectuation to their prosperity. Amazon This business levers out its assets through online books. To enable people air suggestions and make opinions concerning book s. It, also, offers e-commerce services to the companies linked to it in different dimensions like their distributors. It, also, brings together buyers and sellers. Apple solutions Apple has brought a vast change in the industry of computers, music and the world of mobile phones. It has, also, come up with a number of peripherals. Media and software supports effectiveness of their products. It is an example of an innovative business. It came up as an innovative business and has ventured into brokerage. Etsy This is an online business that markets handmade products to people all over the world. They make the product easy to use and ensure that they can earn from the devices. In this case, the customers can correct data and upload it online hence making money for their use. Cisco This is a business that deals with networking. It offers internet solutions concerning business and other matters like the environment. It is a publication and merchandise business. In this business, they hav e created a network of IT experts around the world. They have setup a program that seeks to capture the young experts from school into their company. This ensures that their staff is vigorous, vibrant and competent. McDonald’s It is a business situated in the United States of America that franchises businesses in 119 other countries with large number of employees. The McDonald Company offers fast foods in the United States of America. It has made a network that helps in distributing their risks. The distribution of risk ensures that they do not go down in case a single country fails their business. They have setup their headquarters in USA while the other departments are distributed over the 119 countries. In addition, they have the loyalty programs that assist customers. References Appleby, R 1994, Modern business administration, Pitman, London. Arkebauer, J Miller, J 1999, Leading edge business planning for entrepreneurs, Dearborn Financial Pub, Chicago. Bangs, D 1996, Sma rt steps to smart choices: testing your business idea, Upstart Pub Co, Chicago. Bragg, A Bragg M 2005, Developing new business ideas: a step-by-step guide to creating new business ideas worth backing, Financial Times, Harlow. Forsyth, P 2002, Business planning, Capstone Pub, Oxford. McKelvey, M 1996 Evolutionary innovations: the business of biotechnology, Oxford University Press, Oxford. Needham, D Dransfield, R 1994 Business studies (2nd ed.), Stanley Thornes, Cheltenham. Sarasvathy, S 2008, Effectuation: Elements of Entrepreneurial Expertise, Edward Elgar Publishing Limited, Cheltenham. Steingold, F 2004, Legal forms for starting running a small business, Nolo, Berkeley. Udell, G 1991, Ideas, inventions, innovations, Small Business Administration, Washington. Wren, D Greenwood, R 1998, Management innovators: the people and ideas that have shaped modern business, Oxford University Press, New York. This essay on Strategies of Approaching Business Ventures was written and submitted by user Ayleen B. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.