Tuesday, December 31, 2019
Example Answers to Exam on Organization and Leadership - Free Essay Example
Sample details Pages: 12 Words: 3516 Downloads: 1 Date added: 2017/06/26 Category Management Essay Type Essay any type Did you like this example? In what way have Rossi and Matheson shown an ability to identify an opportunity? A creative characteristic is that someone can spot opportunities that other people overlook. Opportunity seeking is associated with entrepreneurial leadership because the entrepreneur might build an organization around an unmet consumers need (DuBrin, 2010, pp.363). The idea behind the DirtMarket arose when Rossi in 1999 as a manager for a commercial construction company realized how much time and effort went into handling dirt and contractors had to spend a lot of their precious time and money in searching and contacting brokers to find dirt or a place to dump it. Donââ¬â¢t waste time! Our writers will create an original "Example Answers to Exam on Organization and Leadership" essay for you Create order Getting rid of dirt was a difficult task that required calling a lot of different people, many of whom werent the most scrupulous, (DuBrin, 2010, pp.376). Rossi Matheson by using the intrinsic motivation principle of creativity: people will be at their creative best when they feel motivated primarily by the interest, satisfaction and challenge of the work itself and not by external pressures. It was so engrossing and enjoyable experience that the task becomes worth doing for its own sake regardless of the external consequences (DuBrin, 2010, pp.355). The componential theory of individual creativity developed by Amabile can be used to analyse Rossi Matheson ability to identify an opportunity in dirt Market. According to this theory, creativity takes place when three components join together: expertise, creative-thinking skill, and task motivation (DuBrin, 2010, pp.355). Expertise refers to the necessary knowledge which Rossi and Matheson have to put facts together. Creative-thin king skill refers to the ability to imaginatively approach problems. By creative thinking both Rossi and Matheson use their ability to solve the problems faced by the contractors they have connected those dirt buyers and sellers at one place. DirtMarket idea initially arose in Rossi mind and he motivated her wife Matheson to fulfill it. According to DuBrin, finally, task motivation refers to preserving, or sticking with problem to a conclusion, which is essential for finding creative solutions. A few rest breaks to gain a fresh perspective may be helpful, but the creative person keeps coming back until a solution emerges (DuBrin, 2010, pp.356). DirtMarkets opportunity has evolved into a small industry, serving the needs of millions of workers in the era of global business. The end product of DirtMarkets creative thinking was a business possibility rather than an invention (DuBrin, 2010, pp.351). Q.1.2 In what way have the operators of DirtMarket overcome traditional mental sets, or thought outside the box? The concept of traditional thinking is relative but it generally refers to a standard and frequent way of finding a solution to a problem. A traditional solution to a problem is thus a modal or most frequent solution. The creative person looks at problems in a new light and transcends conventional thinking about them. Rossi Matheson at Dirt Market business were known for their creative problem-solving ability. The central task in becoming creative is to break down rigid thinking that blocks new ideas (DuBrin, 2010, pp.356). Overcoming traditional thinking is so important to creative thinking that the process has been characterized in several different ways. The most familiar is that a creative person thinks outside the box. A box in this sense is a category that confines and restricts thinking. Because you are confined to a box, you do not see opportunities outside the box (DuBrin, 2010, pp.357). Talking to others is a good way to get ideas, yet at some point the creative problem solver has to work alone and concentrate (DuBrin, 2010, pp.354). A well-accepted model of creativity can be applied to organizations (DuBrin, 2010, pp.349). Creativity is often referred to as a numbers game, because the more ideas you try, the greater the probability of finding one that works (DuBrin, 2010, pp.358). For example Rossi as construction company manager Matheson who has Ph.D. in computer science and master in business administration, they pick the idea from the dirt handling problem faced by contractors traditionally they were used to make several of phone calls to find dirt or a place to dump it can instead make a single call to Dirt Marker. To handle conventional thinking they thought a website, building a local search engine would be a good way to link dirt buyers and sellers. In some respects they were ahead of their time. But unfortunately contractors did not embrace the site. Most did not even have email, says Rossi. As per DuBrin, 2010 many product innovations had their origins in flops and failures because somebody was perceptive enough to recognize the new possibilities that emerged from the setback. To overcome this traditional mental set they started directly matching contractors who pay them to remove the dirt with those who pay them to find it. Dirt Market takes a cut on both sides of the transaction, with good profit margins averaging around 25 percent. By thinking outside the box in 2004, the company spotted another niche. When a project involves a lot of excavation, a construction company typically hires an engineering firm to remove dirt from the site, which can account for as much as 75 percent of a projects cost. So DirtMarket started an engineering contracting division that oversees a project, including hiring an engineering firm, handling the digging and removing the dirt. About 80 percent of the company,s revenues now comes from this division, which it markets primarily by word of mouth. Says Rossi, We have a lot of rep eat customers. (DuBrin, 2010, pp.376 377). According to company website with the existence of Dirt Market usersÃâà save tons of time and moneyÃâà finding what they need -Ãâà where they need it, andÃâà when they need itÃâà with tens of thousands of construction resources nationwide, and the power to search for construction and excavation materials and resources soil, gravel, sand, construction equipment, services, and more by location and distance (dirtmarket.com,2011). Q.1.3 To what extent do you think that Mathesons having a Ph.D. in computer science and an M.B.A. helped her become a leader in the dirt business? Matheson degree in Ph.D. helped her in setting up their business on website to direct link buyers and sellers and her MBA degree help her to manage her business in an innovative way. By using E- leadership model they established their business. E- Leadership is a form of leadership practiced in a context where is mediated by information technology. The focus of leadership shifts from individuals to networks of relationships because the internet facilitates connecting so many people. E- Leadership could, therefore, encompass any activity undertaken by a leader when the internet connects people (DuBrin, 2010, pp.266). So Matheson by practically using her computer and management techniques established a modern business of her time. Her degree in computer science helps her to develop software to link the dirt sellers and buyers keeping in mind the DirtMarkets business aspects. MBA degree gives her expertise about the marketing, organization strategy and human resource management to run the DirtMarket. Due to these both degrees she becomes a leader in the dirt business. Q.1.4 What might be a possible threat from the external environment that could hurt the business model of DirtMarket? As DirtMarket is an innovative small business of his time. Due to their expertise they established their business through website they try to link their customer online, but unfortunately most the contractors and brokers dont have much computer know how. This may be threat to their business. There are a lot of big construction companies in the market they can set up their own network for dirt, they become competitors. Q.1.5 To try out your creative thinking today, make up a joke about Dirtmarket. (In this case, dirty jokes are welcome.) Joking and kidding might be interpreted either as dishonest or as extraordinarily tactful (DuBrin, 2010, pp.242). My Joke for the DirtMarket business is that Dave Rossi is very clever person and her wife Matheson was a modern and strange. She often had gone outside naked or with very short clothes in search of job/work. At evening when she comes back, Rossi in smiling face oh my sweet you have lot of dirt on your beautiful body what happen with you day after day but you look too beautiful and attractive Matheson told him you consider me a dirt factory. Rossi says to her no my darling dirt (wife) I love dirt, I want dirt, I eat dirt and dirt is my life as you my wife. Matheson to her husband oh! Dirty man thanks you understand me, I am your DirtMarket. Q. No.2 Discuss and describe in detail what leaders can do to foster an ethical and socially responsible organization. (If you want to relate to your own situation, or to a leader that you have read about or heard about, that is fine.) Use concepts from DuBrin, preferably also from other chapters than chapter 6. Ethics and values in todays turbulent world are present at a number of levels for leaders. This leading process of ethical value creation was due to their time and energy devotion. The following list provides a framework for developing ethical leadership (Freeman R. E. and Stewart L., 2006). It is based on readings concepts from DuBrin and popular business article literature. Written from the perspective of the leader, these facets of ethical leaders offer a way to understand ethical leadership. I shall try to focus here the initiatives that a leader can take to foster social responsibility, as well as create an organizational culture that encourage ethical behavior, discussed as under (DuBrin, 2010: pp.180): Social Awareness It is necessary for the social leader to care about emotions of others. As DuBrin, 2010 discussed that socially aware leaders go beyond sensing the emotions of others by showing they care (DuBrin, 2010: Ch.2, pp.45). Socialized Power Motive Socially responsible leaders use their powers to achieve company goals. DuBrin, 2010 attempted to describe here that leaders with a socialized power motive use power primarily to achieve organizational goals or a vision. Leaders with socialized power motives tend to be more emotionally mature than leaders with personalized power motives (DuBrin, 2010: Ch.2, pp.49). Socialized Charismatic These social leaders dont use their power for others benefits. DuBrin, discussed this as a socialized charismatic is a leader who restrains the use of power in order to benefit others. This type of leader attempts to bring group members values in lines with his or her values (DuBrin, 2010: Ch.3, pp.71). Adaptability to the situation A social leader under the situation and adapt himself ethically accordingly. DuBrin, explained this as effective leaders adapt to the situation. Adaptability reflects the contingency viewpoint; tactic is chosen based on the unique circumstances at hand. (DuBrin 2010, Ch.4 pp. 101). Creating a Pleasant Workplace A successful leader in an organization is capable of being develop pleasant working environment for employees. According to DuBrin a social responsibility initiative that directly affects employees well-being is create a comfortable, pleasant, and intellectually stimulating work environment. Because many people invest about one-third of their time at work, a pleasant work environment increases the chances that their life will be enriched (DuBrin, 2010: pp.181). Articulate and embody the purpose and values of the organization. It is good way adopted by leaders to tell ethical values in morally true stories. Freeman R. E. and Stewart L., 2006 had discussed that ethical leaders must also embody and live the story and it is important for leaders to tell a compelling and morally rich story. This is a difficult task in todays business environment where everyone lives in a fishbowl-on public display. Helping Build a Sustainable Environment To preserve sustainable external environment by leaders is compulsory for sustainable organization. As DuBrin, 2010 attempts that socially responsible leaders influence others to sustain and preserve the external environment through a variety of actions that go beyond mandatory environmental controls such as managing toxic waste. Engaging in Philanthropy To donate money to various charities and welfare organization is an important component of socially responsible organization. DuBrin, 2010 discussed that a standard organizational leadership approach to social responsibility is to donate money to charity and various other causes. Most charities are heavily dependent on corporate support, Colleges, universities, and career schools also benefit from corporate donations. Many of the leading philanthropists donate money during their lifetime rather than giving through their estates. The most striking example is Bill and Melinda Gates of Microsoft, who formed their own foundation whose primary aims globally are to reduce extreme poverty, combat AIDS, and vaccinate children against illnesses(DuBrin, 2010: pp.183). Find the best people and develop them. Ethically responsible leader prefer integrity than experience and skills of hiring people for organization leadership. This was explained by Freeman R. E. and Stewart L., 2006 that ethical leaders pay special attention to finding and developing the best people precisely because they see it as a moral imperative-helping them to lead better lives that create more value for themselves and for others. Finding the best people involves taking ethics and character into account in the selection process. Working with Suppliers to improve Working Conditions To develop good working environment for suppliers in an organization is an important characteristics of socially responsible leader. DuBrin, 2010 attempted to discuss that an opportunity for practicing social responsibility is for company leaders to work with suppliers to improve physical and mental working conditions. Helping suppliers to improve working conditions has been conceptualized as corporations being vehicles for positive social change-yet another way of demonstrating corporate social responsibility. Gap Inc, took a major initiative to begin improving working conditions at suppliers (DuBrin, 2010: pp.184). Establishing Written Codes of Ethical Conduct Ethically responsible leader maintains written codes of conducts and assures that everyone in the organization is well aware of these. According to DuBrin, 2010 that many organizations use written codes of conduct as guidelines for ethical and socially responsible behavior. Such guidelines continue to grow in importance because workers in self-managing teams have less leadership than previously. A written code of conduct is more likely to influence behavior when both formal and informal leaders throughout the firm refer to it frequently. Furthermore, adherence to the code must be rewarded, and violation of the code should be punished (DuBrin, 2010: pp.185). Developing Formal Mechanisms for Dealing with Ethical Problems To handle ethical problem in an organization leaders usually adopt formal procedures for its ratification. DuBrin, 2010 had reported here that many large organizations frequently establish ethics committees to help ensure ethical and socially responsible behavior. The committee establishes policies about ethics and social responsibility and may conduct an ethical audit of the firms activities. In addition, committee members might review complaints about ethical problems (DuBrin, 2010: pp.186). Accepting Whistleblowers A whistleblower is an employee who discloses organizational wrongdoing to parties who can take action. So it is important for leaders at all levels to create a comfortable climate for legitimate whistleblowing. The leader needs to sort out the difference between a troublemaker and a true whistleblower. Being a whistleblower requires a small act of leadership, in the sense of taking the initiative to bring about change. However, the organization turned in might not think the change is constructive (DuBrin, 2010: pp.186). Providing Training in Ethics and Social Responsibility An ethically and socially responsible leader ensures training for employees in an organization. DuBrin, 2010 discussed that forms of ethics training include messages about ethics and social responsibility from company leadership, classes on ethics at colleges, and exercises in ethics. These training programs reinforce the idea that ethically and socially responsible behavior is both morally right and good for business. Placing Company interests over Personal Interests Ethically responsible leader ensured to organization that all the time company interests are dominated over personal interests. Many ethical violations, such as senior managers voting themselves outrageous compensation, stem from managers placing their personal interests over the welfare of the company and other employees (DuBrin, 2010: pp.187). It can be concluded from my above discussion that ethically and socially responsible leader is really a main pillar to develop an organization. He never prefers his personal interests over company worth. He develops a framework for an organization and ensured its smooth functioning for its ethical and social welfare. Q.No.3 Discuss and describe in detail the concepts and models from DuBrin that you think will have the greatest impact on your present (or future) leadership. Explain why you see these models as the most important ones. (NB that this does not require holding a management position. Leadership is exercised in all social settings.) Solution Within an organization leadershipÃâà models are structured approaches for decision making and to provide effective guidance. Different types ofÃâà leadership proponents over the years have developed programs at different models categorizing explaining certain models when and where are likely to function best for a given situation. From time to time the names of theseÃâà leadership stylesÃâà changes differently, they all revolve around the basic factors of ongoing process of encouraging the development of future leaders for the organization, decision making, and recognition of the skills of team players(wisegeek.com, 2011). A major point about leadership is that it is not found only among people in high-level positions. Leadership is needed at all levels in an organization can be practiced to some extent even by a person not assigned to a formal leadership position. The ability to lead others effectively is a rare quality (DuBrin, 2010, pp.3). Here I shall attemp t to highlight some models and concepts discuss by the Dubrin to be or will have greatest impact on my present or future leadership style. I feel these models or things that I need and found them lacking to my personality: Situational Leadership Model: It was developed by Blanchard K. H. and his colleagues, explains how to match leadership style to the capabilities of group members on a given task. For example, someone might need less guidance from a supervisor when you are skilled in a task than when you are performing a new task (DuBrin, 2010, pp.142). I thought this will help me in my future job as manager in any organization since; It emphasizes on identifying the immediate need in a given set of circumstances. It will help me to choose actions to produce most likely desired result. I shall choose to keep communication on a one-way basis. It will help me to provide instructions without seeking feedback from employees. (wisegeek.com, 2011). Ãâà Transformational Leadership Model: It focuses on what the leader accomplishes yet still pays attention to the leaders personal characteristics and his or her relationship with group members. The transformational leader helps bring about major positive changes by moving group, organization or society (DuBrin, 2010, pp.83). This leadership concept will help me in the following way. It emphasizes on the needs and potential of employees. It will help to promote within the group stimulation of both creativity and intellectual enhancement. In this approach all the group members encourage and share information and experiences among themselves. These leaders know that achieving the goals of the company is more likely when employees are challenged. They have opportunities to advance and receive what they need to be successful as individuals as well as part of a team (wisegeek.com, 2011). Transactional Leadership Model: It focuses on more routine transactions, rewarding group members for meeting standards (contingent reinforcement) (DuBrin, 2010, pp.83). It can be explained that transactional leadership is prone towards well-developed structures with well-defined rewards and punishment(hubpages.com, 2011). It will guide me to understand that organizational culture is one of strict controls within which promotions are handed out for superior performance. Punishment is given for lack of performance or rules violation. (hubpages.com, 2011). Ãâà Participative Leadership Model: It deals with group members to gather their suggestions, and then considers these suggestions seriously when making a decision. It best suited for improving the morale of well-motivated employees who perform non-repetitive tasks (DuBrin, 2010, pp.141). It will guide me that more participation will lead to greater ownership in the mission of the company (hubpages.com, 2011). Charismatic Leadership Model: The various definitions of charisma have a unifying theme. Charisma is a positive and compelling quality of a person that makes many others wants to be led by that person (DuBrin, 2010, pp.68). I may be use since it characterized by big personalities. To know those who love the limelight. Where the noted points of personalities and limelight are focal point of the organization. And when often leaves they a large void when they depart. WICS Leadership Model: It is a leadership model that gives the opportunity in understanding leadership as a set of decision processes which embodies Wisdom, intelligence and creativity, along with other higher cognitive processes (DuBrin, 2010:56-57). It will be important to me for its great combination of three cognitive factors that help the leaders to take a good decision. It provides the right information at right time with right collaboration. It is a good approach to handle any uncertain situation. It will help me to think towards right direction. It will assist me in generating new ideas. It is important to conclude that there is no one rightÃâà leadershipÃâà modelÃâà that covers all situations. Leaders often called upon to make use of a certainÃâà modelÃâà according to the available conditions to lead organization successfully.
Sunday, December 22, 2019
Marasco 10. . Depression. By. Mary Katherine Marasco. Ms.
Marasco 10 Depression By Mary Katherine Marasco Ms. Carr Anatomy and Physiology H 23 February 2016 Mary Katherine Marasco Ms. Carr Anatomy and Physiology H 23 February 2016 Depression Depression- the most diagnosed mental illness in the world- is also the most misunderstood. Depression?a sad or discontented mood?can leave a person feeling lethargic, unmotivated, or hopeless, and in some cases ? contemplate suicide. Unfortunately, depression usually begins as high levels of anxiety and with exposure to trauma in children. Higher levels of anxiety or exposure to stress-inducing and traumatic situations as a child could mean an increased risk of depression as an adult. Although a serious mental illness all over the world inâ⬠¦show more contentâ⬠¦The cerebral cortex directs functions like speech, behavior, reactions, movement, thinking, and learning. In fact, some research suggests that bipolar disorder originates with problems with the thalamus, which links sensory input to good and bad feelings. The hippocampus also affects depression. It, like the amygdala, is part of the limbic system. It is vital in processing long-term memory. This section of t he brain registers recurring fear. In people with clinical depression, the hippocampus is much smaller. Research suggests, even, that ongoing exposure to stress impairs the growth of nerve cells in this part of the brain. One of the most important jobs of the brain is to process senses, through neurons. Neurotransmitters are specific substances that help relay information to the brain. Scientists have identified many neurotransmitters that affect depression. A lack or excess of the neurotransmitters acetylcholine, serotonin, norepinephrine, dopamine, glutamate, lithium carbonate and gamma-aminobutyric acid are thought to contribute to depression. Acetylcholine is involved in learning and enhances memory. Serotonin helps regulate sleep, appetite, and mood, and inhibits pain. Research shows the idea that many depressed people have reduced levels of serotonin. Low levels of a byproduct of serotonin have been linked to a high risk for suicide. Norepinephrine is a neurotransmitter which constricts blood vessels and raises blood pressure. An excess in
Saturday, December 14, 2019
Hypertension Normal Blood Pressure Free Essays
Hypertension is a chronic or persistent medical condition also known as high blood pressure. This condition causes the arteries to consistently elevate blood pressure. When high blood pressure is normal, the blood flows through smoothly because the artery wall is smooth. We will write a custom essay sample on Hypertension: Normal Blood Pressure or any similar topic only for you Order Now However, when an individual is diagnosed with high blood pressure, the blood flows through the arteries with too much force. Eventually, high blood pressure can cause serious damage to the arteries if it goes untreated. Also, high blood pressure causes the heart to have to work much harder than normal to keep up the flow of blood through the arteries. Hypertension can lead to damaged organs and several illnesses such as kidney failure and strokes. About 33% of people arenââ¬â¢t aware that they have high blood pressure. This ignorance can go on for years. For this reason, it is important to do periodic blood pressure screenings even if there are no symptoms present. The normal blood pressure for an individual is 120/80 where 120 represents the systolic measure (peak pressure in the arteries) and 80 represents the diastolic measure (minimum pressure in the arteries). Blood pressure of between 120/80 and 130/89 is called pre-hypertension. Blood pressure of 140/90 or above is considered hypertension. There are two classifications for hypertension, which are essential or secondary. Essential is the term used for high blood pressure when its cause is unknown. Unknown causes for hypertension accounts for about 95% of cases. Alternatively, secondary hypertension is the term for high blood pressure with causes related to kidney disease, tumors or birth control pills. Although the exact causes of hypertension are unknown, there are several factors that are often associated with this condition such as: Smoking Obesity or being overweight Childhood obesity Diabetes Sedentary lifestyle Lack of physical High levels of salt intake Insufficient calcium, potassium or magnesium intake Vitamin D deficiency High levels of alcohol consumption Aging Stress, Medications such as birth control pills Genetics (a family history of hypertension) Clinic Kidney Disease Adrenal or thyroid problems or tumors. Symptoms associated with severe hypertension are severe headaches, fatigue or confusion, dizziness, nausea, problems with vision, chest pain, breathing problems, irregular heartbeat, and blood in the urine. You can find out whether or not you have hypertension by visiting a health professional who measures blood pressure. Remember, if your blood pressure is over 140/90 you will be diagnosed with hypertension. However, you can treat hypertension medically or by making lifestyle adjustments such as weight-loss, quit smoking, eating a healthy diet, reducing sodium intake, exercising regularly, and eliminating alcohol consumption. Medical options for treating hypertension include several classes of drugs that your health professional would prescribe based upon your specific condition and needs. How to cite Hypertension: Normal Blood Pressure, Papers
Friday, December 6, 2019
Financial Planning and Forecasting Trading Simulation
Question: Discuss about theFinancial Planning and Forecastingfor Trading Simulation. Answer: Introduction: The assessment mainly evaluates a trading simulation, which helps in understanding the concepts of risk and return. The experience of the simulation trading mainly allows the investors to understand the implication of a successful trading strategy, which might help in generating higher revenue. The psychological battle in choosing the right instrument for the portfolio is mainly discussed in the study. The use technical or fundamental analysis for the short duration trade could be evaluated in the study to understand the current momentum of share prices. Lastly, the discussion is conducted to understand the overall results of simulated trading, which help in depicting the overall decisions taken during the trading period. Discussing the Experience, which Might be Generated from Simulation Trading: The trading simulation was mainly conducted to reduce the emotional challenge, which is faced by investors during the trading period. However, the simulation was mainly conducted to help investor understated the development in the short-term price movement of shares. Biondo et al. (2013) mentioned that market hypothesise during the short-term trading scenario is relatively high as the investors tries to discount the share price and identify the exact value of the trade. In this contest, Cartea and Jaimungal (2015) further stated that with the help of technical analysis investors are able to detect the short-term momentum of the shares and increase the return from investment. The trading simulation has mainly helped in increasing the experience of the investors regarding the change in price movement duo to the impact of news. The simulation also helps in understanding the significance of price movement over three weeks, which could be used as an effective entry point. However, the simulated trading also helped in understanding the significance of not gaoling against the trend. Hoffman (2014) stated that short-term investors mainly rely on share price trend, which could be identified from charts and minimising the risk from investment. On the contrary, Chou, Wang and Wang (2015) criticises that investors with low capital capacity are not able to comprehend the change in market scenario and book loses from the trade. The trades conducted in the simulation are mainly focused on short-term news, which might not help in getting high-end profits from trade. Furthermore, expectation of rise and dines in share price is mainly depicted from the news, which is rela ted to the overall stocks. However, the simulation trading system does not comprehend the volatility and risk, which is generated from capital market. The investment and selection of stocks is mainly conducted based on the single price movement, which reduced the profits that might be generated from investment. Reviewing the Trading Psychology of the overall Simulation Trading: The main trading psychology of investors is to achieve high return from their investment. In addition, the simulation mainly states the trade strategy, which is been used in the program for generating high returns. The news is used to identifying stocks, whose prices might increase in new future. Moreover, a technical strategy is also adopted where the large movement of stock prices is identified as an entry point. The DBS group was mainly selected as there was a huge decline in prices was identified in the previous week. Kandel, Rindi and Bosetti (2012) argued that selecting stocks based only on price movement might increase risk of investors and reduce the retune, which might be generated from investment. Stating the Information that Effected the Trading Decision: The trade conducted in the simulation is mainly related to news and price movement that is been used by the investor during the simulation period. The relative impact in the trading decision are effectively stated as bellow News Information: Shares of Sembcorp Marin, UOB, OCBC and SIA is mainly purchased on the relative news, which is been depicted by the company. In addition, the news mainly helped the investors to buy the shares of above depicted company. However, the news also instigated on selling the shares of companies, which was bought due to the buy signal provided by fundamental analysis. Narayan et al. (2015) mentioned that speculators in the stock market mainly rely on information provided by companies to take short-term investment decision. Price Movement: Stocks that were purchased based on price movement are Singtel, Thaibev, DBS Shares, Venture Corporation, Singapore Post Limited, and SATS shares. In addition, the price movement mainly helped in understanding the entry point, which might improve the return from investment. However, the entries conducted from price evaluation were dropped due to the negative news encircling the companys operations Neely and Weller (2013). After the evaluation of the trading simulation, it could be derived that no significant technical or fundamental analysis was conducted. Evaluating the Simulated Trading with the Risk Profile: Figure 1: Depicting the change in trading price (Source: as created by the author) Figure 1 specifies the risk profile of the investor, which does not allow the share price to reduce more than 2% of the investment price. The risk profile of an investor mainly reflects the trading strategy, which helps in reducing losses conducted from trading operations. However, the risk profile used in the trading simulation mainly allowed the investor to reduce the losses, which might have incurred from trading (Nuij et al. 2014). The losses incurred during the simulation secession are not more than 1.75%, which effectively support the overall risk profile of the investor. Evaluating the Preference for the Simulation Trading: Technical analysis is mainly used as the preference trading strategy in the trading simulation. In addition, with the help of technical analysis stocks that have attained higher high and significant lows in previous week is mainly identified. Moreover, the identification of the stock mainly helped in depicting the adequate entry point, which might help in generating higher return from investment. Simon and Campasano (2014) mentioned that using technical analysis mainly allows investors to reduce the short-term risk, which is depicted from the volatility of the capital market. It is mainly observed that decline in share price allows investors with a buying opportunity for short-term, which could be used as an effective entry point. The trading simulation also accommodates any news, which is been circulating the invested companies operations. The circulation of news mainly helped in depicting the volatility in price movement, which might be hindering the overall profitability from trad ing. Discussing the Reason for the Choice of Instruments for the Portfolio: The trading instruments that is been used in the simulation has been identified from relative news and price movement of stocks. In addition, the decision for selling the stocks is mainly identified from news, as some events caused the investors to panic and exit their position. However, the exit entry has been very successful in reducing the loses and achieve high profitability from investment. In addition, during the end the stocks that were bought in trading simulation have some kind of positive news associated with their movement. Lambert, Papageorgiou and Platania (2016) mentioned that investors mainly rely on positive news for their short-term purchases. On the contrary, Chou, Wang and Wang (2015) argued that without adequate risk determination the overall investment loss might increase, which in turn could hamper investment capital. Discussing the Overall Results of the Trade: Figure 2: Depicting the change in bank balance (Source: as created by the author) With the help of figure 2, the overall change in bank balance could be evaluated. However, the losses and profits is effectively added in the bank balance to depict the accurate change in profit incurred during the trading secession. From 26th September till 10th October relative change investment has not been conducted as opportunity was not discounted. However, after 12th October relative decrease in capital and increase in investment is conducted, which helped in increasing the overall profits. Moreover, a loss of only $700 and $150 is incurred in the trading simulation. Cartea and Jaimungal (2015) mentioned that investors with the help of CAPM level are able to detect the overall risk, which might influence the return generation capacity of the investment. However, Kandel, Rindi and Bosetti (2012) argued that investors are more dependent on stock, which provide high dividend and does not accommodate the risk involved in investment. Furthermore, an income of $14,666 is mainly gene rated from the trading simulation, which depicts the effective trading conducted by the investor. In addition, the overall portfolio return is at 4.9%, which is generated from 46 days of trading secession including holidays. This return mainly indicates the viability of the trading strategy adopted in the trading secession, Conclusion: The overall study mainly helps in understanding the significance of trading strategies and relative impact of news on share price movement of companies. The overall significance of relative trading system mainly helps in reducing the relative risk from investment. In addition, fundamental and technical analysis is mainly used in the simulation for deriving the profitability from investments. Furthermore, the depiction of accurate trading psychology and strategy is relatively conducted to understand the trading emotions of traders. Moreover, relative change in profits and bank balance, which is depicted from the trading simulation is effectively stated in study. Relative profits have been generated from stocks, whose positive news is been announced during the trading simulation. Reference: Biondo, A.E., Pluchino, A., Rapisarda, A. and Helbing, D., 2013. Are random trading strategies more successful than technical ones?.PloS one,8(7), p.e68344. Cartea, . and Jaimungal, S., 2015. Risk Metrics And Fine Tuning Of High?Frequency Trading Strategies.Mathematical Finance,25(3), pp.576-611. Chou, R.K., Wang, G.H. and Wang, Y.Y., 2015. The impacts of individual day trading strategies on market liquidity and volatility: Evidence from the Taiwan Index Futures Market.Journal of Futures Markets,35(5), pp.399-425. Hoffman, R., 2014. Dont Miss Robs Day Trading Futures Trading Event. Kandel, E., Rindi, B. and Bosetti, L., 2012. The effect of a closing call auction on market quality and trading strategies.Journal of Financial Intermediation,21(1), pp.23-49. Lambert, M., Papageorgiou, N.A. and Platania, F., 2016. Market Efficiency and Hedge Fund Trading Strategies. Narayan, P.K., Ahmed, H.A. and Narayan, S., 2015. Do Momentum?Based Trading Strategies Work in the Commodity Futures Markets?.Journal of Futures Markets,35(9), pp.868-891. Neely, C.J. and Weller, P.A., 2013. Lessons from the evolution of foreign exchange trading strategies.Journal of Banking Finance,37(10), pp.3783-3798. Nuij, W., Milea, V., Hogenboom, F., Frasincar, F. and Kaymak, U., 2014. An automated framework for incorporating news into stock trading strategies.IEEE transactions on knowledge and data engineering,26(4), pp.823-835. Simon, D.P. and Campasano, J., 2014. The vix futures basis: Evidence and trading strategies.The Journal of Derivatives,21(3), pp.54-69.
Friday, November 29, 2019
Aristotle On Tragedy Essays - Ancient Greek Theatre, Narratology
Aristotle on Tragedy Aristotle on Tragedy The Nature of Tragedy: In the century after Sophocles, the philosopher Aristotle analyzed tragedy. His definition: Tragedy then, is an imitation of an action that is serious, complete, and of a certain magnitude; in language embellished with each kind of artistic ornament, the several kinds being found in separate parts of the play; in the form of action, not of narrative; through pity and fear effecting the proper purgation of these emotions. Aristotle identified six basic elements: (1) plot; (2) character; (3) diction (the choice of style, imagery, etc.); (4) thought (the character's thoughts and the author's meaning); (5) spectacle (all the visual effects; Aristotle considered this to be the least important element); (6) song. According to Aristotle, the central character of a tragedy must not be so virtuous that instead of feeling pity or fear at his or her downfall, we are simply outraged. Also the character cannot be so evil that for the sake of justice we desire his or her misfortune. Instead, best is someone"who is neither outstanding in virtue and righteousness; nor is it through badness or villainy of his own that he falls into misfortune, but rather through some flaw [hamartia]". The character should be famous or prosperous, like Oedipus or Medea. What Aristotle meant by hamartia cannot be established. In each play we read you should particularly consider the following possibilities. (1) A hamartia may be simply an intellectual mistake or an error in judgement. For example when a character has the facts wrong or doesn't know when to stop trying to get dangerous information. (2) Hamartia may be a moral weakness, especially hubris, as when a character is moral in every way except for being prideful enough to insult a god. (Of course you are free to decide that the tragic hero of any play, ancient or modern, does not have a hamartia at all). The terms hamartia and hubris should become basic tools of your critical apparatus. The Concept of Tragedy: The word tragedy can be applied to a genre of literature. It can mean 'any serious and dignified drama that describes a conflict between the hero (protagonist) and a superior force (destiny, chance, society, god) and reaches a sorrowful conclusion that arouses pity or fear in the audience.' From this genre comes the concept of tragedy, a concept which is based on the possibility that a person may be destroyed precisely because of attempting to be good and is much better than most people, but not perfect. (Irony, therefore, is essential and it is not surprising that dramatic irony, which can so neatly emphasize irony, is common in tragedies.) Tragedy implies a conflict between human goodness and reality. Many scholars feel that if God rewards goodness either on earth or in heaven there can be no tragedy. If in the end each person gets what he or she deserves, tragedy is impossible. Tragedy assumes that this universe is rotten or askew. Christians believe that God is good and just, hence, for certain scholars tragedy is logically impossible. Of course a possible variation of the tragic concept would allow a character to have a fault which leads to consequences far more dire than he deserves. But tragic literature is not intended to make people sad. It may arouse pity and fear for the suffering protagonist, or for all humanity, especially ourselves. But usually it also is intended to inspire admiration for the central character, and by analogy for all mankind. In the tragic hero's fall there is the glory in his or her misfortune; there is the joy which only virtue can supply. Floods, automobile accidents, children's deaths, though terribly pathetic can never be tragic in the dramatic sense because they do not occur as a result of an individual man's grandeur and virtue. After reading each book in the course, be sure you know whether it presents a tragic view of life. (Incidentally, although some plays we read are certainly tragic in all scholars' opinions, many Greek plays produced as tragedies are not tragic by anyone's definition, including Aristotles'.) Aristotle's Poetics: Basic Concepts You should be aware of the following concepts and opinions of Aristotle's which have tremendously influenced drama in the Western World. a. Tragedies should not be episodic. That is, the episodes in the plot must have a clearly probable or inevitable connection with each other. This connection is best when it is believable but unexpected. b. Complex plots are better than simple plots. Complex plots have recognitions and reversals. A recognition is a change from ignorance to knowledge, especially when the new knowledge identifies some unknown relative
Monday, November 25, 2019
African American Heritage In Chicago Essays - United States
African American Heritage In Chicago Essays - United States African American Heritage In Chicago A History of African American Heritage in Chicago The massive exodus to the north began in 1915; a population of people weary of pervasive hostility and constraint in their former lives, fleeing a social system comprised of miserable oppression and repeated violence. The primary cities for resettlement became New York and Chicago, metropolises humming with the vigor of big-city life and the excitement of a new beginning. When the Chicago Commission asked African American migrants in interviews on Race Relations in 1922 why they came to Chicago, responses were similar. Im looking for better wages. I wanted to get away from the South, and to earn more money. I wanted to better my living conditions. One man, when asked what his first impression of Chicago was, responded When I got here and got on the street cars and saw colored people sitting by white people all over the car I just held my breath, for I thought that any minute they would start something, then I saw nobody noticed it, and I just thought this was a real place for colored people. And life was good; if not ideal it was better than the disparaging environment of their prior residence in the South. This migration coincided with the War. Job opportunities sprang up everywhere as demand increased for more goods and services, and suddenly in 1920 the Negro population of Chicago had soared from 44,103 in 1915 to 109,594. The Illinois Central Railroad brought hundreds on free transportation, on the premise that they would employ their company. The Negro employment rate skyrocketed; the most popular jobs lying within the iron foundries, food products manufacturing, the tanneries, and the mail order industry. The majority of blacks coming from the south settled in a limited area known as the South Side. Named the black belt of the city, it was the most concentrated area of the African American population of the time. The difficulty of finding residence in the other parts of the city and the abundance of vacant houses aided in this settlement of the South Side. However, as deep-seated racial prejudice was still running rampant throughout the nation, loud protests erupted and whites quickly abandoned residential areas populated by blacks. Underlying racial hostility between blacks and whites was unfortunately gaining momentum. On July 27, 1919, this animosity was demonstrated in a terrible week of rioting beginning with the drowning of African-American youth Eugene Williams off a Lake Michigan beach. This event was a catalyst for a weeklong violent, bloody warfare. As black workers walked or rode the streetcars west and arrived to begin their shifts at the Stockyards, they were met by angry mobs of white gangs and workers, who attacked them mercilessly and drove them off. The mobs were beyond control. African American community members armed themselves and prepared to defend themselves and their homes against armed white gangs who tore into their neighborhood. The end of the week concluded in death tolls of 23 blacks and 15 whites, 157 persons being injured. The Chicago Commission on Race Relations was established soon after these staggering race riots, to study the roots and causes of the conflict. Their report on Chicago in 1992, with interviews of hundreds of black Chicago citizens, provided an insightful window into the race problem in the North, which attention was being drawn to due to the Great Migration. States the Chicago Commission on Race Relations in the document The Negro in Chicago, Both races need to understand that their rights and duties are mutual and equal, and that their interests in the common good are identical: that relations of amity are the only protection against race clashes; that these relations cannot be forced, but will come naturally as the leaders of each race develop within their own ranks a realization of the gravity of this problem and a vital interest in its solution, and an attitude of confidence, respect, and friendliness toward the people of the other race. The conflicts between blacks and whites have since subsided a great amount, but residue from the memories of violence and hatred still prevails. It will be a momentous day when we can be united
Thursday, November 21, 2019
American Probation and Parole Association Research Proposal
American Probation and Parole Association - Research Proposal Example This is because the traditional custodial sentences are likely to cause more wrong for the offender and the society when compared with probation. Probation therefore keeps a person under the control and management of a probation officer who has the duty to ensure that the offender complies with the terms and requirements placed on him by the courts. A similar form of probation is handed down to convicted prisoners who have spent a portion of their jail terms. This is known as a parole. A parole is ââ¬Å"a planned community release and supervision of incarcerated offenders before the expiration of their full prison sentencesâ⬠(Siegel and Worall, 2012 p67). These two forms of punishments imposed by the courts are meant to promote the integration of offenders back into society and also prevent the unnecessary incarceration of persons in overcrowded jails. The America Probation and Parole Association (APPA) is the national association of parole and probation officers charged with the supervision of offenders who are placed on parole or probation. They are considered to be part of the correctional system, however, they play a significant role in the criminal justice system because they are a link between the correctional system and the legal system (Banks, 2004). The fudamental duties of probational officers include: 1. Supervising offenders 2. Maintaining contacts with parolees and probationers. 3. Provide counseling services for parolees and probationers. 4. Resolve conflict involving the treatment, integration and surveillance of parolees and probationers. 5. Writing reports about probation and paroles for the courts (Banks, 2004). The APPA members are required to exhibition professionalism, uphold the law, work with objectivity, co-operate with relevant professionals, recognize and practice the principles of APPA and maintain public faith in the criminal justice system (Banks, 2004). From these ideals and standards, APPA members and officers are required to work according to very high standards and provide a very effective service to the society. However, in reality, there are significant issues that stand in their way. A lot of these problems are identified in journals and books that were presented by professionals who are related to the criminal justice industry. Some of them are explored below in the literature review. Literature Review ââ¬Å"Probation officers supervise two-thirds of all correctional clientele in the United Statesâ⬠(Petersilia, 1997 p149). This means that they have a lot of work to do. And relative to prison officers, they are more burdened in terms of workload (Petersilia, 1997). However, in spite of their effort, they have a limited budget that is much lower than what the prison officers and correctional service officers receive. Also, they are ill-equipped and as such, felons go unsupervised. This gives them an image as lenient officers in the criminal justice system. Petersilia and Turner (1993) studi ed the intensive supervision program that was instituted in the early 1980s closely. This program allowed parole and probation officers to undertake close survillance, urinalysis testing, treatment and employment of convicted offenders. This was a very strict method of
Wednesday, November 20, 2019
Having Sex, Getting Sex and Getting Gotten Essay
Having Sex, Getting Sex and Getting Gotten - Essay Example It is also true that individuals in a relationship the feel they are over benefiting also report lower levels of satisfaction (Cohen, 2006). This theory seems to ignore the idea of attachment and relationships. It seems to be treating sex as a business relationship as is described in the text. That seems extreme when even the social exchange theory, which says that intimacy is the product of a reward-cost history in the interaction between two people, understands that intimacy is involved. It is believed that intimacy is relative. Not all intimate relationships are the same. The social exchange theory is an attempt to explain all intimate relationships, not as irrational or selfless, but as a product of the fact that people love those who offer more rewards and fewer punishments than others. The loved one must not only be desirable but must reciprocate oneââ¬â¢s attentions. This theory would say that people who fall in love begin by engaging in a kind of bargaining process wherein assets and debits are evaluated and matched. Looking for love means searching for rewards and punishments. Research does seem to support bo th the social exchange theory and the equity hypothesis as explanations for the first phases of pair formation. Several surveys indicate that both parties in an demonstrated that both members of an inequitable relationship were unhappy. The question that comes from this is, it there no such thing as unconditional love? The social exchange theory does the best job of describing liking rather than love. Our text does not even get to the point of liking the individual rather it is liking of the act or intercourse and possibly exploiting another to get it or being willing to be exploited to get it (Stevins-Long & Commons, 2002). Again, this writer goes back to developmental stages. The adolescent may begin in this equity bargaining stage of
Monday, November 18, 2019
A Man Made Marvel of the Twentieth Century Essay
A Man Made Marvel of the Twentieth Century - Essay Example Protocols most common in use are the internet protocol (IP) or the transmission control protocol(TCP).Modern day protocols can work in all wired and wireless networks. Earlier networking meant Ethernet cable connection using physical wires, which was seen everywhere in the school, offices and homes. However nowadays wireless technology has taken precedence and has become hugely popular. Wireless technologies operate by using infra red signals, or radio waves or microwaves for their transmission and connectivity. This is far more advantageous as it offers mobility without the cumbersome wires. Wireless LANS use spread spectrum and high frequency radio technology system for their wireless transmission within a limited area of use and this radio technology match up to the Wi-Fi standards of 802.11b. Another popular wireless network protocol is the ââ¬Ëbluetoothââ¬â¢ used for data exchange within a distance of 100 metres. Other wireless web includes PDAs and cell phones that offer connection at all places and all times. In Terrestrial microwaves, another wireless network, transmission occurs through low gigahertz range and uses terrestrial or earth based devices for transmission and reception. Here antennas are required for network which are placed atop buildings and hills. Communicating satellites which are parked in space, transmit voice signals and other data by using microwave waves as these donââ¬â¢t get deviated by the earthââ¬â¢s atmospheric intervention. Wired technologies are varied and many are still in use and quite popular too.
Saturday, November 16, 2019
Development of Strategic and Comparative bases over time
Development of Strategic and Comparative bases over time Thinking big and applying scale is where we focus, we cant think about just one package or one brand, we have to think about this large portfolio and this large system that we work with Butler, D. (2009), the Vice President Global design, the Coca cola Company Introduction This report involves a brief description of strategic and comparative advantage. It also involves different kinds of strategies under taken by Coca Cola Company that have led it to be one of worlds market leaders compared to other multi-national companies. The strategic and comparative bases of advantage discussed based. The item that shall be looked is coca cola marketing strategy that has been developed for years and based on situations. The marketing strategy shall involve advertising, market segmentation, Equity investment and Branding. Though these strategies seem to be common in other companies either local or international, Coca-Cola Company implements them in a special way. Keywords: Strategy, comparative advantage, market segment, Branding Definitions Strategy Strategy refers to the creation of a unique and valuable position involving a different set of activities (Porter, 1996) whereas comparative advantage sometimes refers to a location of specific advantage that influences the decision of where to source and market (Kogut, 1985). A well-defined definition and a brief description are defined later after strategic advantage. Strategic advantage Strategic advantage occurs when there is equilibrium between three elements, when the brand, the consumer and the market fit together in the best way possible (Xavier,M.J. 2003) Brand-consumer fit is the extent that the brand values coincide with the consumers psychographic make-up. The psychographic elements are measured by the overall scoring and weighting of brand performance in terms of matching consumer needs, motivations, values, self-concept, and lifestyle. Brand -market fit is measured by the extent that price falls into the consumers acceptable price range, the to which the brand is cushioned against budget/trade/distribution influence, the rank-order of importance of the product in the budget/shopping list and finally the ease of access of the product. Consumer market fit: There is a third fit relationship that occurs, fit between consumer and market. This involves the needs and behaviors of consumers under certain market conditions such as specific price points. This relationship between consumer drives and market forces often has direct effect on brand choice. For example a brand might be considered as a good choice to fulfill a particular need or behavior at a particular price that the consumer is prepared to pay, while another brand might not be considered as a good choice for specific combination of need, behavior and price point. The company sets strategies so that it can outperform rivals and it can only do that by establishing a difference in delivering great value to customers or by creating comparable values at a lower cost or do both. Delivering greater value allows a company to charge a high average unit prices and efficiency results into lower average unit costs. All differences between companies in cost or price is derived from hundreds sets of activities required to create, produce, sell and deliver their products or services such as calling on customers, assembling final products and training employees (Porter, 1996) Comparative basis of advantage Deardorff, A. (2003, p. 6) defined Comparative Advantage as the relative cheapness of a good or service in a country that enables that country to export it. More precisely, a country has a comparative advantage in the good whose price in the absence of trade (autarky), relative to other goods in the same country, is lower than the relative price of that same good on world markets. Ricardian Model states that countries have comparative advantage in goods whose labor cost, relative to other goods in the same country, is lower than the relative labor cost of that good abroad. Therefore countries are said to have comparative advantage in a good if its labor requirements are relative to the labor requirement abroad. Ricardian model outlines two theoretical implications of Comparative Advantage and these are: firstly if countries are permitted to trade freely then they are undistorted markets and competitive, they will export the good or goods in which they have comparative advantage and import those in which they have comparative disadvantage, secondly under the same conditions, all countries will gain from trade, in the sense that those individuals who gain from trade within each country will gain enough that they could potentially fully compensate those individuals who lose, within the same country, and still remain better off than in autarky(Deardolff,2003). Business overview Coca-Cola is the largest manufacturer, distributor and marketer of concentrated syrup which is used for the production of non-alcoholic beverages. The company has a span of operations covering over 200 countries since its inception in 1886. It has an annual net income of 6.8 billion and employs the services of around 92,400 associates throughout its operations worldwide (Coca-Cola annual report, 2009). Advertising Advertising can be defined as as any paid form of non-personal presentation and promotion of ideas, goods or services through mass media such as newspapers, magazines, television or radio by an identified sponsor (Kotler et al, 2008 p.737). Advertising is a practical way of informing and persuasion as well as a means of stimulating response from a target audience. The response could be perceptual where the consumer develops, believes or views about the product or it could be behavioural where the consumer purchases the product or increases his purchases of the product in question (Kotler et al, 2008). Advertising is a process which gives information to the public about the product. It is persuasive, controlled, and identifiable as well as influences the target audience. The basic objective of advertising is to increase sales volume and profit. We shall look at several types of advertising which runs hand in hand with the advertising objectives. Informative advertising appears at the early stages of a particular product and is meant to develop the primary demand of the customers. Persuasive advertising is applicable at the competitive stage where a selective demand is built for a particular category of product (Kummer and Mittar, 2008). Comparison advertising is used to establish the superiority of a particular brand through the use of evaluation with one or more other brands in the product line. Reminder advertising is used to refresh the memory of the consumer regarding messages, ideas etc of a particular product. Reinforcement advertising is used to assure the current buyers that they made the right choice regarding their decision to buy the product. The advertising objective should not be arbitrary but should be developed after a thorough evaluation of the current market situation (Kummer and Mittar, 2008). Coca Cola advertising Advertising is a major element of the promotion mix. Personal selling, sales promotion, publicity and advertising are the four elements of the promotion mix. Advertising has been thought of as the best method of promotion because it stimulates sales, creates demand and reaches customer quickly and effectively (Kummer and Mittar, 2008). Coca-Cola has over the years consolidated its leadership position as the worlds most famous and largest beverage company with huge investments in advertising targeted at its existing and potential consumers worldwide. Coca-Cola works in partnership with leading advertising agencies and market research institutes the world over to develop effective advertising campaigns that conforms to current trends in information technology like the use of internet based mediums like face book and twitter to connect with technology loving target audience (Coca-Cola annual report, 2009). The successful advertising strategies used by Coca-Cola over the years in their operations shall be analysed.( Wieden and Kennedy,1996 ) an advertising agency that worked in partnership with Coca-Cola for the 1996 summer Olympics in Atlanta Georgia came up with four main advertising strategies designed for Coca-Cola for the summer games namely: a home based strategy, a fan based strategy, a global growth strategy and the Olympic torch relay. The home based strategy used by coke was primarily as a result of the fact that Atlanta is the main headquarters of Coca-Cola and so people in Atlanta would readily identify with the brand since they are well familiar with it. Coca-Cola launched several advertisements for the games which include installing 70 new billboards, several street-pole banners and signs in 9 Marta stations (the citys public transportation system). Coca-Cola created a theme park known as the Coca-Cola Olympic city with countless different coke advertisements including a 165 feet coke bottle in the canter of the park (Wieden and Kennedy, 1996). The companys signature colour red was the main colour seen throughout the Coca-Cola Olympic city. Coca-Cola deviated from the traditional practice of using athletes for advertising for the games to focus instead on a fan-based strategy where commercials, print advertisements and posters where used to demonstrate the difference made to the outcome of the games by the enthusiasm of the fans. Coca-Cola used the games as a global growth strategy used to target the worldwide audience tuned in for the games. Coca-Cola also used one of the most efficient strategies for gaining exposure in advertising history which is the sponsoring of the 1996 Atlanta Olympic torch relay (Wieden and Kennedy, 1996). The impact of Coca-colas advertisements during the Olympics was so immense that people dubbed the event the Coca-Cola Olympics. The event served as a means for the company to effectively advertise its brand to a worldwide audience. In 2003, Coca-Cola used the marketing platform tagged real to enhance the image of the brand through the use of television advertisements. This particular advertising strategy was specifically targeted for the teenagers and young adults with resounding success. In the same year, the tropical sprite remix television advertisements which was intended to increase and reconnect the sprite trademark was also targeted at the young, urban consumer base (Coca-Cola annual report, 2003). In 2006, the make every drop count advertising in the United States was purposely designed to create awareness among consumers on the health benefits of Coca-colas beverage portfolio in a response to growing concerns by consumers regardless of age on health concerns like calorie intake and obesity. The coke side of life campaign which was the first ever integrated marketing campaign for trademark Coca-Cola was intended to signify the unifying role of Coca-Cola in daily life and has performed better than previous Coca-Cola advertisements and was launched in almost 100 markets in 2006 with great success. The happiness factory television commercial is part of this global campaign (Coca-Cola annual report, 2006). In 2009, Coca-Cola commenced the design for advertisement strategies to be used for the 2010 Fifa world cup campaign which included colourful television advertisements for the soccer fiesta in South Africa in 2010 as a means of uniting Coca-colas exuberance with the worldwide love of soccer thereby utilizing the soccer fiesta as a veritable means of connecting with consumers worldwide who have immense passion for the love of football (Coca-Cola annual report, 2009). Coca-Cola develops its advertising campaigns based on a communications strategy that uses means to end research to gain greater insight of current and potential customers and other factors like product attributes, keeping specific marketing goals in mind, taking into account competitive advertising and positioning as well gaining attention and interest by connecting with real needs(Reynolds and Olsen,2008) Market segmentation Market segmentation has been described as essential to marketing(Sheth 1967).Market segmentation implies the division of large heterogeneous markets into smaller segments that can be reached more efficiently and effectively with products and services that match their unique needs(Kotler et al, 2008 .p.410) There is no single way to segment a market. A marketer apparently has to try different segmentation variables alone or in combination in order to come up with how best to view the market. Markets could be segmented into either business markets or consumer markets. Consumer markets entail those markets that deal on products and services that are used directly by the consumers whereas business markets have to do with transfer of products and services from one point to the other. Market segmentation could be based on the following major variables: demographic, psychographic, behavioural, geographic etc. Demographic segmentation entails segmenting the market based on age, gender, income and education. Psychographic segmentation is based on personality, lifestyle and motives of the population involved. Geographic entails segmenting the market on the basis of regions, city or country. Behavioural involves segmenting the market on benefits sought, product usage, price sensibility or situations (Kotler et al, 2008). Coca cola market segmentation Coca Cola Company has been conquering markets worldwide overtime, through its network of Bottlers, distributers and whole sellers, and later joint ventures. The market network has grown to include most of the world territories and this market has been divided into market segments. Coca-Cola the worlds most famous and leading beverage company has been shown in their operations to vary the sweetness level of their product, its size as well as effervescence on local conditions and preferences which implies that the company employs the use of behavioural and geographical variables in their market segmentation strategies the world over (Hart et al,2008). Coca-Cola Company has operating segments on continental basis involving Eurasia and Africa, Europe, Latin America, North America and the pacific areas. This strategy is clearly a geographical approach in terms of market segmentation by Coca-Cola which is influenced by the fact that these different geographical areas will have diverse preferences and wants (Coca-Cola annual report 2009). Coca-Cola market segmentation strategies regarding diverse consumers base starts with a process of understanding consumer trends within the multicultural marketplace and then developing depth and breath communications which is based on that knowledge. The Coca-Cola Company has a diversity business development team which serves the purpose of providing diverse consumers with the right beverage portfolio. In 2009, the diversity business development team worked closely with the multicultural marketing team to develop marketing strategies as well as integrating multicultural elements into general market programmes for greater reach (Coca-Cola annual report 2009). The diversity business development team during this period also identified significant opportunities in emerging markets including Asian and disabled consumers. The Asian consumers were subsequently integrated into the existing framework of communications. Coca- colas multicultural consumer marketing team develops and carries out relevant marketing plans targeted at multicultural consumers while working closely with brand and customer teams as well as the bottling system. Coca-Cola North America had their multicultural consumer marketing team refocused on African-American marketing as well as expanded its reach to Hispanic consumers (Coca-Cola annual report 2009). The company is now in the process of implementing a long term strategy targeted at consumer markets on the basis of ethnicity in the United States. Coca-Cola in North Americas operating segment reported in 2009 positive results in its works with its bottling partners to create price and package strategies that will ultimately strengthen their financial results, provide value for customers and provide consumers with choices that meet their needs. This strategy is apparently based on behavioural variables which puts price and preferences of the consumers into consideration Coca-Cola Company introduced the coke zero brand in response to consumer health concerns regarding excess calorie intake (Coca-Cola annual report 2009). The product did well in the market and in 2009, the company made sales on the product on an excess of 600 million cases globally. Currently there are over 800 low and no- calorie beverages in the Coca-Cola portfolio (Coca-Cola annual report 2009). In 2008, the company and foundation spent around 9million dollars to support active, healthy lifestyle programmes. These strategies by Coca-Cola are geared towards effective market segmentation of the target population on behavioural and psychographic basis putting into account the health choices and lifestyle of the consumers. In order for Coca-Cola to meet the diverse and ever changing beverage needs of its consumers worldwide, the company has intensified efforts to add more value for customers in its portfolio of beverages ranging from added benefits of vitamins and minerals to calorie reductions, new ingredients, sweeteners and taste depending on the preferences and wants of the consumers concerned (Coca-Cola annual report 2009). Coca-Cola also has another segmentation strategy which entails different strategies for developing and developed markets. The companys main strategy for the developed markets like the United States is to maximize value and profit which can be achieved by delivering more value to consumers so that they will continue their patronage of the companys products at a premium price. In this regard, Coca-Cola are growing the core beverages-trademark namely: coke, sprite, fanta, powerade and improving their benefits and value to the customers through adding vitamins and nutrients to reduced or no calorie options(Coca-Cola annual report 2009). In developing markets Coca-Cola devised a strategy of making the products affordable to the consumers; in Brazil the company offers consumers 26 package options for brand Coca-Cola at different brand points to meet the needs of an economically diverse consumer base (Coca-Cola annual report 2009). In 1963, the product tab was launched and was specifically targeted at the female consumers but subsequently the company in order to broaden its customer base by appealing to the men folk as well as the entire family had to introduce diet coke to achieve the above mentioned objectives. In 1983, Coca-Cola introduced the caffeine- free versions of Coca-Cola, diet coke and tab which were specifically targeted at health conscious consumers. Coca-Cola also introduced the minute maid soda which was positioned to attract a market segment that prefers fruit juice as well as health and nutrition conscious consumers (Mochmen and Maze,1998). The Coca-Cola Company today through its market segmentation strategies offers a diverse portfolio of products to identified market segments based on different consumer preferences for flavours, calories and caffeine content effectively which continues to add to their success story globally (Lamb et al, 2008). Equity investment Coca Cola Company has over time been making equity investment in selected bottling companies with the intention of maximising companys strength and efficiency in its systems, production, distribution, and marketing capabilities around the world. The level of investment generally depends on the bottlers capital structure and its available resources at the time of investment. Coca cola Company in some instances finds it necessary to acquire a controlling interest. Such controlling interest allows coca cola Company to compensate for limited local resources and enables it to focus on bottlers sales and marketing programs. Equity investment also assists in the development of bottlers business and information systems and the establishment of appropriate capital structures. One of examples of coca cola equity investment is that of Coca Cola Enterprise Inc. (C.C.E) In 2009, Coca Cola Companys ownership in Coca Cola Enterprise Inc.-bottling company, was 34%. Coca cola Enterprise Inc. is the worlds bottler company of trade mark beverages. The sales of concentrates, syrups, mineral waters, juices, sweeteners and finished products by coca cola Company to C.C.E were approximately 6.6 billion by the year end 2009. The Coca Cola Enterprise Inc. estimates its market beverage products to retailers which include a portion of 46 states of USA, Columbia district of USA, Virgin Islands, Caribbean islands, Canada, Great Britain, Continental France, Netherlands, Luxembourg, Belgium and Monaco. Therefore Coca Companys investment strategy in CCE was to take advantage of this vast market for it to sell concentrates, syrups and different coca cola product brands through C.C.E (Coca cola annual report,2009). Branding Coca cola has many kinds brands sold worldwide. In developing a company brand, coca cola conducts product and packaging research to establish brand positioning, develop precise consumer communication and solicit consumer feedback. The Coca-Cola brand development strategy emphasizes on price, preference, and persuasive penetration (Annual report, 2009) The Coca Cola Company main brand products are Coca cola classic, diet coke and coca cola zero whereas the main branding strategies at Coca Cola Company include but not limited to Joint brand strategy, brand diversification strategy, personal branding strategy, and packaging/redesigning strategy (Annual report, 2009) Joint brand strategy involves a situation in which two different brands are linked to form joint promotion, as a consequence one product may sell the other examples in early 1990s Bacardirum and Coke cola brand were jointly marketed together. Coca cola, the common known brand was used to market Barcadirum, the new product on the market. The benefits of this strategy is that if the first brand name gives a certain quality signal, then the second brand quality signal is believed to be as powerful as the first one, hence attracting more buyers. (Akshadf and Ruekert, 1994) Brand portfolio/diversification strategy: Coca Cola Company continues to diversify its portfolio and growing sales with new and acquired brands. The some of the diversified brands are vitamin-enhanced water energy brand, and its star water brand Glaceau. The powerade and Nestiea iced tea brand products, a joint venture of Coca Cola Company with Nestle. The importance of this strategy is that multiple brands allow the company to offset cokes gradual decline with newer, more appropriate brands while removing future potential rivals through acquisition. The strategy also allows coca cola to maintain relatively large market share irrespective of how market changes (VanAnken and Derick Daye, 2007) Personal branding strategy refers to a set of human characteristics as associated with a brand. Users view it as a key way to differentiate a brand in a product category as a central driver of consumer preference and usage that can be used to market a brand across cultures. In coca cola company personal traits associated with coca cola are Cooling, all-American, and real. These three personal traits differentiate coca cola from its competitors. Besides these traits, Coca Cola Company uses slogans, graphic designs, color schemes and trademarks. As a result of personal branding, different categories of people from different denomination find themselves attracted to the brand hence increasing its demand (Aaker, 1997). Packaging/redesigning strategy: Coca Cola Company keeps on redesigning its packaging and visual identity systems. One of examples is its newly identity visual system for its flagship brand introduced in 2008 and contour aluminum bottle initially commercialized in 2005. The nonalcoholic beverage in this new aluminum bottle attracted many buyers especially in 2005 Olympic Games in Beijing-China. (Butler, 2009) Packaging redesigning also continues making coca cola brand a new product in the face of consumers. Comparative advantage The most crucial comparative advantage is that the company has over time built a network bottling partners, wholesalers and distributers spread over in many parts of world. These act as marketing agents of coca cola company products worldwide. Bottling partners pray two major roles, Firstly they act as consumers of the concentrates and syrup which they use in manufacture of coca cola products and later sell these products locally or in foreign market, secondary they act as marketer of company brands. (Annual report,2009) Through a network of bottling companies, Coca Cola Company has been able to access cheap raw materials, for example the high fructose corn syrup, a sweetener, one of the component used in manufacture of concentrates and syrups is available at a cheaper price in all countries where coca cola factories are.(Annual report 2009) The company is the owner and marketer of more than 500 nonalcoholic brands sold over the world, giving the company a wide range of customers. With these brands, consumers are provided with a wide variety of choices to meet their desires, needs and their life styles. As the sole manufacturer of coca cola concentrates and syrups, the company enjoys world monopoly Conclusion The Coca Cola Company has a unique network of bottling partners, distributers, wholesalers and joint ventures spread all over the world which act as channels through which the company promotes and markets its brands. Coca Cola as a result of operating in partnership or in cooperation with foreign companies, it enjoys economies of scale such as cheap labor, land and transport costs. Transport costs are reduced due to the fact its brands are brought closer to customers through a network of bottling partners, wholesalers and distributers. The coca cola companys leading brands with high level of acceptance, a worldwide network of bottlers and distributers of companys products, sophisticated marketing capabilities and talented group of dedicated associates are unique companys achievements overtime compared to other multi-national organizations. (3970 Words)
Wednesday, November 13, 2019
Wake Up Girls Essay -- Media Fashion Papers
Wake Up Girls Sometimes we lose sight of what is important in life and that is when it is necessary to take a step back to reconsider the direction in which we are going. Teenage girls today are becoming less and less original and more generic. Generic symbolizing how alike teenage girls look. It is disturbing for me as a teenage girl to hear and see what teenage girls believe to be imperative in order to be happy and successful. The media in America has everything to do with what is going wrong with the lifestyles of young women. This is when we, as the target group for media, need to reassess our values and the meaning we wish to fulfill in our lives. I believe the media recognizes the influence that they possess over teenage girls but because such good profits are coming in off of movies, clothing, magazines, and other materialistic products, they find no need to stop or redirect their motives. A petite young girl strutting out of Abercrombie & Fitch wearing a black sequenced mini-skirt with a matching black top that is skin-tight against her undeveloped chest walks by at our local mall and unfortunately this is not so rare. Young girls in elementary school wearing skinny strap tank tops and make-up is unnecessary and frightening. It is sad to think that young girls are already caring at that age how they look and what other people might think of them. When I was in elementary school, which was not too long ago, I did not have a care in the world of what I was wearing and most of the girls around me seemed to be oblivious to each-otherââ¬â¢s clothing. I actually think my mother still dressed me. So I believe it is valid to say that the influence of the media is becoming greater and it has stimulated children si... ...d hear we need to be able to block it out. The media has influenced us enough in the wrong direction and I believe it is time we influence them in the other direction. Seventeen; ââ¬Å"Young Woman Today Take a Stand and Leave Behind the Generic Route That the Media was Guiding Them Toward.â⬠Now that would be an issue worth the five dollars.N Works Cited Cooper, Peter J, ed., and Allen Stein, ed. Monographs in Clinical Pediatrics: Feeding Problems and Eating Disorders in Children and Adolescents.Vol 5. Philadelphia: Harwood Academic Publishers,1992. Russell, Gerald F.M. ââ¬Å"Impact on Puberty of Anorexia.â⬠Cooper 90. NationalEatingDisorders.org.22 Sep. 2003. Statistics; Eating Disorders and Their Precursers. 23 Sep. 2003
Monday, November 11, 2019
Hwangs trying to find Chinatown version4 Essay
Race has been a root of a lot of discords and wars for many centuries. From the past to the present, the world has been divided into different sides just because of this. However, the conflict that is caused by ethnicity is not only between people. Oftentimes, it is also between a person and himself. Many people from marginalized ethnic groups face internal struggles due to their incapability to accept their history, status and nationhood. They cannot accept their identity as a member of a certain race. However, people should accept their identity as a person belonging to a certain group of people. The reasons for this are numerous. First of all, acceptance of oneââ¬â¢s own identity helps make a person satisfied and happy. Second, a person who cannot accept his identity is ashamed, not only of his race, but also of himself. Third, failure to accept identity prevents people from uniting and advancing a certain cause. Last and most importantly, of all aspects of identity, ethnicity, whether by blood by culture, is something that cannot be changed forever. These arguments will be explained in the following paragraphs using the experiences and opinions of Benjamin and Ronnie, as expressed in the play Trying to Find Chinatown. First, acceptance of oneââ¬â¢s own identity helps make a person satisfied and happy. This is because that person has less to desire or wish for. On the contrary, a person who cannot accept his own identity is often dissatisfied and unhappy. Aside from the things that he need and desire such as money, food, success, popularity and friends, he will have an additional desire that is difficult to obtain. He will want to escape his own race and be part of another, which he believes to be better and more superior. This may be shown by the attitudes of Ronnie and Benjamin in the play. Of the two, Benjamin seems to be happier and more satisfied. In fact, he is more at peace. He is able to achieve this happiness from simple things such as the sounds of screaming in Cantonese and Sze-Yup in Chinatown (Hwang 1484). He is happy remembering his father chasing the boys who was shouting to him, ââ¬Å"Gook! Chink! Slant-eyesâ⬠(Hwang 1482). He is also at peace sitting on a stoop on Chinatown while sucking hua-moi because he feels at home and he is happy to China as his home (Hwang 1484). This is the exact opposite of how Ronnie feels. He views himself to be nobody (See 1484) because he thinks his ethnic group is not important in the world, thus he cannot get a sense of pride for just being a part of it. While it takes simple things to make Benjamin happy, it also takes simple things to make Ronnie unhappy. He is unhappy using chopsticks, seeing ducks hanging on windows of restaurant and eating dim sum (See Hwang 1483). It is true that there are other factors like wealth and education that determines a personââ¬â¢s happiness and satisfaction. However, what differentiates a person who accepts his race from the one who does not is that, for the latter, satisfaction is always not possible. Despite his riches and the things he achieved, he will always have that secret desire to have a different identity. Second, a person who cannot accept his identity is ashamed, not only of his race, but also of himself. He will always be in denial of what he is. For example, in the play, Ronnie repeatedly denied being a part of the Chinese community such as that one that may be found in Chinatown. For him, such types of places do not tell anyone anything about who he is (See Hwang 1483). He takes any association of himself with his ethnicity as an insult. In the beginning of the play, Benjamin asked Ronnie where Chinatown is and the latter got mad because he though the former chose him to ask because he is Chinese (Hwang 1480). He even tries to hide his ethnicity through his clothes (See Hwang 1480). On the other hand, no trace of this shame as regards his race may be found on Benjamin. In fact, he is the one who tells people that China is his roots (See for example Hwang 1481). He takes pride of his history and his ancestors. Such pride in his background helps him to be proud of himself. Third, dissatisfaction with ethnicity prevents people from uniting and advancing a certain cause. On the contrary, satisfaction will help people achieve unity. Even just between Ronnie and Benjamin, this inability to unite is evident. Instead of being on the same side, they argue on the worth of being Chinese. Ronnie finds being part of a community that has opium dens, chopsticks, ducks, Ms. Saigon and dim sum is not something worth being a part of. On the other hand, Benjamin defends Chinese communities based on these features and more; like the sweets, the railroads and the workers. (See Hwang 1481, 1483-1484) If they cannot unite as between themselves, it is very difficult to imagine them fighting for the cause of their community together. This may be compared to the group of Asian students in the Midwest who went on hunger strike despite the probability that they have not experienced directly the evils they are fighting against (Hwang 1481-1482). Due to their acceptance of their ethnicity, they were able to identify with each other and unite to fight for a cause. Last and most importantly, of all aspects of identity, ethnicity, whether by blood by culture, is something that cannot be changed forever. It is ingrained in the way one talks, speaks and lives everyday. Even for someone like Benjamin who is not ethnic by blood, the Chinese culture has been ingrained in him from his childhood. Therefore, this culture becomes rooted in him too deep that it becomes a part of his identity. This cannot be uprooted easily. As a consequence, the dissatisfaction, shame and other things that arise from dissatisfaction will also stay. Therefore, a person like Ronnie may be able to assimilate to another culture and lead another mind. However, deep in the recesses of his mind, and in his heart, he knows that he does not belong and that there are people who will think such. Therefore, he will always be defensive of his status and ashamed of his past. In conclusion, people should accept the fact that they belong to a certain ethnic group. First of all, this will help them become satisfied and happy. Second, a person who cannot accept his identity is ashamed, not only of his race, but also of himself. Third, failure to accept identity prevents people from uniting and advancing a certain cause. Lastly, ethnicity, whether by blood by culture, is something that cannot be changed and will remain as part of a personââ¬â¢s identity forever.
Friday, November 8, 2019
Chinese Culture and Society
Chinese Culture and Society China, is one of the earliest civilizations in the world, it has a recorded history of about 3, 600 years. China's development has passed through stages of primitive society, slave society and feudal society. During China's long period of development the industrious, courageous and innovative Chinese people collectively created a great civilization which has made many great contributions to both the ancient and modern world. The Chinese civilization was ruled by various dynasties in which several emperors would rule. Within the dynasties there were several emperors all of which played a significant role in the development in the Chinese civilization. Today china is one of the leading countries in economics, but still holds true to its culture and ways of society. Chinese culture and society was directly influenced by dynasties and emperors over time.The Chinese were ruled by various dynasties, since ca. 2,000 BCE. A dynasty is a time period that is ruled by a specific family.Detail o n the backside of a Chinese Western Han Dy...The Qin dynasty was short but vigorous. During the Qin dynasty, centralization was achieved by ruthless methods and standardization of codes and procedures, thought patterns and scholarship, and the forms of coinage and writing. During this time Confucian ideals of government were, out of favour. "The kings of the time banished or put to death many opposing Confucian scholars and removed and burned their books, in order to stop the criticism of the imperial rule." [Echoes From the Past] In order to fend off barbarian intrusion, the Qin joined walls of various waring states to make a 5,000km long wall, which would be known as the Great Wall of China. During the Han dynasty the rulers changed some of the harsh views of the previous Qin dynasty. "Confucian ideals were adopted as the creed of the Han empire and Confusion scholars gained...
Wednesday, November 6, 2019
All About Radicals in the Japanese Language
All About Radicals in the Japanese Language In written Japanese, a radical (bushu) is a common sub-element found in different kanji characters.à Kanji are the equivalent of letters in Arabic-based languages like English.à Japanese is written in a combination of three scripts: hiragana, katakana, and kanji. Kanji originated from Chinese characters, and the Japanese equivalents are based on ancient spoken Japanese. Hiragana and katakana developed from kanji to express Japanese syllables phonetically.à Most kanji are not used in everyday conversational Japanese, although its estimated that more than 50,000 kanji exist.à The Japanese Ministry of Education designated 2,136 characters as Joyo Kanji. They are the characters frequently used. Although it would be very helpful to learn all of Joyo Kanji, the basic 1,000 characters are sufficient to read about 90 percentà of the kanji used in a newspaper.à Radicals or Bushu and Kanji Technically speaking radicals areà graphemes, meaning theyre the graphical parts that make up each kanji character. In Japanese, these characters are derived from written Chinese kangxi radicals.à Every kanji is made ofà a radical, and a radical itself can be a kanji. Radicals express the general nature of the kanji characters, and provide clues to the kanjis origin, group, meaning, or pronunciation. Many kanji dictionaries organize characters by their radicals. There areà 214 radicals total, but its likely that even native Japanese speakers cant recognize and name them all. But for those new to the Japanese language, memorizing some of the important and frequently used radicals will be very helpful as you try to learn the meanings of many of the kanji.à When writing kanji, in addition to knowing the meanings of the different radicals in order to better understand the words they spell, its key to know a kanjis stroke count (the number of pen strokes used to make the kanji) and stroke order. Stroke count is also useful when using a kanji dictionary.à The most basic rule for stroke order is that kanji are written from top to bottom and from left to right. Here are some other basic rules. Radicals are roughly divided into seven groups (hen, tsukuri, kanmuri, ashi, tare, nyou, and kamae) by their positions. Common Radicals The hen are found at the left side of a kanji character. Here are common radicals that take the hen position and some sample kanji characters.à Ninbenà (person)à à à à à à Tsuchihenà (earth)à à à à à à à Onnahenà (woman)à à Gyouninbenà (going man)Risshinben(heart)Tehenà (hand)à Kihenà (tree)Sanzuià (water)Hihenà (fire)Ushihenà (cow)ShimesuhenNogihenà (two branch tree)à à à à Itohenà (thread)Gonbenà (word)à à Kanehenà (metal)à à Kozatohen (time) Theà common radicals that take thetsukuri and kanmurià position are listed below.à Tsukuri Rittouà (sword)à à Nobunà (folding chair)Akubià (gap)Oogaià (page)à à à Kanmuri Ukanmurià (crown)Takekanmurià (bamboo)Kusakanmurià (grass)Amekanmurià (rain) And here is a look at common radicals that take theà ashi, tare, nyou and kamae position.à Ashi Hitoashià (human legs)Kokoroà (heart)à à Rekkaà (fire)à à à à à à à Tare Shikabaneà (flag)à à Madareà (dotted cliff)Yamaidareà (sick) Nyou Shinnyouà (road)à à Ennyouà (long stride) Kamae Kunigamae(box)à Mongamaeà (gate)
Monday, November 4, 2019
Civil engineering issues Lab Report Example | Topics and Well Written Essays - 1000 words
Civil engineering issues - Lab Report Example However, it is associated with specific stories to global concepts, proper behavior in the corporate environment, and the inspiration of corporate geology for making of wise management decisions. The geological limits of Clarence Road comprise land dereliction, poor infrastructure, and the loss of open space and agricultural lands in Clarence Town. As an element of Master Plan 2015, the state should enhance prevailing open space conservation tools and to initiate a conservation program. These comprise a purchase of development rights program in those regions most vulnerable to development, prioritizing those lands, which are presently active in terms of agronomic production. As acknowledged in the Nutter Study, open space conservation under such a plan would not generate an economic adversity for the Town considering a growing local tax rate nor to intellectual property proprietors. Infrastructure and especially the extension of sewer lines and the escalations in traffic volumes on the present Clarence road will be a serious factor in establishing development and in guiding land usage resolutions in the future of the road and entirely in the Town of Clarence. Access to public sewers is serious to the lasting ecological health of the community. Sewer lines have stretched out comparatively slowly and have fashioned significant development impacts on the Town. According to Town of Clarence Planning and Zoning Department, growth in focus regions will and has had a correspondingly dramatic influence the service of existing roadways. The geological limits of Hunslet Riverside include the landscape of smoke nuisance. The region is home to a collection of voluntary firms servicing the public, this comprises The Hunslet Club, a youth association founded in 1940 which offers sport, dance and drama events for hundreds of young individuals in the region in addition to
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