Monday, September 30, 2019

Geely Holding? Group? Marketing Essay

Markets,? Marketing? and? Strategy? Essay? ? ? ? ? ? ? ? ? ? ? ? ? ? Strategy? This? essay? will? attempt? to? identify,? analyze? and? discuss? the? strategic? issues? in? Geely? Holding? Group? using? industry? structure? and? dynamics.? There? are? five? competitive? forces? that? shape? the? strategy? of? a? company,? threat? of? new? entrants,? bargaining? power? of? supplier,? bargaining? power? of? buyers,? threat? of? substitute? and? rivalry? among? current? competitors.? However,? as? covering? all? five? forces? will? be? beyond? the? scoop? of? this? essay,? it? will? be? focusing? on? threat? of? ew? entrants? and? rivalry. Even? though? Geely? Holding? Group? exports? cars? on? top? of? selling? in? its? local? market,? its? main? market? is? the? China’s? automobile? industry1.? With? China’s? automobile? market? growing? rapidly? in? the? last? few? years,? it? has? become? one? of? the? biggest? automobile? markets? in? the? world,? this? mean? that? t he? existing? firms? in? the? industry? will? have? to? be? aware? of? new? entrants? into? the? industry.? Gerenally,? barriers? are? high? in? an? automobile? industry,? and? there? are? several? main? factors? contributing? to? this.? One? of? he? factors? is? supply? side? economics? of? scale.? When? firms? have? high? output,? it? allows? them? to? cut? cost? in? production? by? buying? in? bulk? and? because? they? have? huge? buying? power,? supplier? will? not? want? to? lose? them? as? customers? and? give? them? better? deals.? They? will? also? be? able? to? spread? cost? over? more? units? for? their? marketing,? research,? services? and? distribution.? This? means? that? new? entrant? will? have? a? much? higher? cost? of? production? unless? they? are? able? to? come? in? on? a? large? scale.? With? 1. 2? million? Geely? cars? on? the? oad? globally 2,? this? is? certainly? an? advantage? that? Geely? has? over? smaller? new? entrants. Established? firms? also? enjoy? demand? side? benefits? of? scale.? When? more? people? use? the? product,? it? will? assure? people? that? the? product? is? trustable,? causing? even? more? people? to? be? willing? to? pay? for? the? product.? With? products? like? automobiles,? quality? is? important.? Incumbents? have? the? advantage? of? having? experience,? acquiring? technology? and? building? customer? loyalty? over? the? years? thus,? unlike? entrants,? they? do? not? have? to? spend? as? much? on? arketing? and? advertising? to? prove? that? they? are? trustable.? In? 2010,? Geely’s? sales? surpassed? target? by? 15,000? units3.? It? sales? will? be? a? testimony? of? its? reliability? to? new? customers? who? would? be? more? willing? to? buy? from? a? company? that? is? doing? well? than? to? take? a? risk? with? a? newcomer.? All? these? will? discourage? entry,? as? entrants? will? have? to? keep? their? prices? much? lower? to? compete? for? customers.? To? enter? the? automobile? industry,? there? is? a? high? capital? requirement.? The? high? level? of? investment? sometimes? will? keep? entrants? ut? because? it? means? that? risk? is? high.? Entrants? will? need? not? only? to? invest? in? fixed? facilities,? they? will? need? to? invest? in? advertising? and? research,? which? are? mostly? unrecoverable? cost,? if? they? 1? Geely? Automobile? Holdings? Limited? Annual? Report? 2009? [ONLINE].? Available? 2? Geely? Holding? Group? [ONLINE].? Avilable? from:? from: http://hmdatalink. com/PDF/C00530/e00175(116). pdf http://www. geely. com/english/1? 6. html 3? Geely? Auto? sales? surpass? 2010? target.? (January,? 2011)? [ONLINE].? Avaliable?

Sunday, September 29, 2019

Memo Report †Starbucks

As you previously requested I have worked out a memo report on; what Starbucks have done in the past, what they are doing now and how we can learn from them. It is very important to notice what competitors do when there are uncontrollable market conditions, so there can be an easier adapting process. Starbucks have 11. 000 stores worldwide, and they serve more than 40 million customers each week and even with these enormous numbers Starbucks continues to grow. The reason Starbucks is still growing is that; people loves the products that Starbucks provide, but there is more to it, Starbucks is also a very beloved brand. They have a wide product range and they are very innovative, constantly making new products to keep on being interesting. The clever thing about this is that you never get tired of the brand because it’s constantly developing itself, making it a very effective business strategy. In my opinion there is the possibility of following the example that Starbucks have set, it’s impossible to argue with the logics of a constantly extending product range that is both innovative and high quality. Starbucks meet the customer’s needs before they even know that they need it. They come up with ideas faster than most other coffee places, making it virtually impossible to criticize the depth of their product range as it is constantly expanding. An example of the creative side of Starbucks could be the new â€Å"Instant coffee† that Starbuck have just added in their product range. The product consists of a small packet of coffee that a customer can carry with them and make coffee almost everywhere, all they need is water. It would of course be a great idea to be more innovative at Cafe Nero, as it would satisfy a wider range of customers. However one must have in mind that Starbucks is a gigantic worldwide chain and therefore can afford to have whole departments only created to make new products. It is, therefore, not possible to be as innovative as Starbucks, but that shouldn’t stop us from trying. I suggest that we should look at what Starbucks have done, for example with the â€Å"Instant coffee† but while we do that we also have to remember that our brand name have to remain ours, eaning that we cannot try to copy what competitors do, but that we have to invent our own success. There is another very important aspect; the present consumer trends and the economic downturn that should not be forgotten when we consider how we can be more successful. When people become more afraid of their future economic situation they will be less likely to spend money, meaning that a very logic proposa l would be to lower the prices on our products. Coffee is becoming more and more like a culture, for some even an addiction, some people can’t even start their day before they have had their morning coffee. With this in mind, one could make the easy conclusion that there is a demand for coffee and that we could therefore raise our prices. However, I believe that both our current and future customers would appreciate a lowering of our prices, so in a short-term period it would probably lower our income, but I believe that on long-term it would make more customers and make our current customers happier and more loyal to our brand. When the economy eventually starts getting better, maybe even turning to an economic boom it would be a possibility to slowly raising our prices back to a more normal level because people feel more safe about the future and therefore will be more likely to spend money. When looking at the present consumer trends I think it’s safe to say that consumers love variation and creativity. There isn’t a very large market for regular coffee anymore; consumers want to see different products and experience different flavors. The point of this is that Starbucks adapt to this trend by constantly trying to innovate their brand with new products, but at the same time they stay true to their brand and they don’t compromise on quality; that is what made their success. These things that I have lined up are what I have found that we at Cafe Nero can learn from Starbucks, I personally believe that Starbucks is a good source of inspiration and admiration as they have succeeded in so many ways. But what we also have to remember is that we also have to stay true to ourselves and not become something that we are not. Let Starbucks be Starbucks, and let us be Cafe Nero.

Saturday, September 28, 2019

Manager should adapt their leadership style according to the context Essay

Manager should adapt their leadership style according to the context - Essay Example Going by the disparate nature and temperament of different people, a manager could come across a variety of situations that may demand much ingenuity and creativity. The primary objective of any manager is to coordinate the activities and aspirations of people with disparate nature and temperaments in a way that they work together as a team towards the achievement of important organizational goals. Hence, it is important for the managers to adapt their leadership style according to the context, as a rigid and stiff leadership approach may fail to yield results under diverse circumstances. In fact, a context driven approach towards leadership brings in the possibility of incorporating new dimensions in the area of leadership and tends to come down on the belief that leaders are born and not made. It is a fact that managers working in private or public organizations do comes across a range of issues and problems on a daily basis. Many a times it gets really challenging to make decisions in situations that are open to diverse influences and interests (Kong 2014). Making the right decision under such circumstances requires much balance and patience. Actually, it is such situations that defy the regular leadership approaches that tend to test the actual worth and effectiveness of a manager. Under such circumstances the really effective managers are those that have the ability to grasp the actual context of a situation and are able to make a decision as to which leadership style will be appropriate in a specific situation. Leadership is about the capacity for variation and adaptability and those managers that believe that one leadership style or approach fits all simply could not be expected to perform well and successfully (Kong 2014). Hence an effective manager does need to have the skill and the capacity to adapt one’s leadership style to the context under consideration and the

Friday, September 27, 2019

Reflection paper on the film awakenings with Robin Williams Essay

Reflection paper on the film awakenings with Robin Williams - Essay Example +complete visual field has been offered by Dr. Sayer by painting the floor tiles. Lucy Fishman was one of the victims of the dangerous disease. The key objective of the doctor was to move Lucy from her bed to the window. The double vision symptom of the disease enables victims to create an instantaneous perception of dual images of a solitary object (Young 181). Visual field of the floor tiles has created two visions that helped Lucy to gently stride near the window. Music is pivotal therapy for patients to nullify the outcome of the disease. Encephalitis lethargica disease leaves certain patients motionless and speechless. Music can help victims to create change in the activity of cells to enhance the cellular responsive. Music is the method that helps to increase the cognitive process of an individual. The implementation of music improved the response to stimuli. The role of music for the betterment of the â€Å"frozen† people is undeniable. Emotional patients can be sensitive towards certain types of music. Each â€Å"frozen† people is studied for utilization of music. Different styles of music are played to dissimilar patients to induce. Songs that are from the past are played for the benefit of frozen people. Old music played for the patients helped to recognize the patter of music. This assisted â€Å"frozen† people to be consciously awake. Dr. Sayer stopped using L-dopa drug due to its adverse impact on â€Å"frozen† people. The use of this drug can make patients violent and effectively worsen the situation. Violent patients sometimes attack the doctors. At initial stage the use of drugs benefited patients to nullify the impact of the disease. The ability to perform task provided normally and motor movement of the patients were enhanced by the application of L-Dopa drug. But after regular use of this drugs made frozen people more aggressive and violent. Eventually patients returned in to catatonic and normal state. After epidemic of

Thursday, September 26, 2019

Midterm Assignment Term Paper Example | Topics and Well Written Essays - 1000 words

Midterm Assignment - Term Paper Example Others have talked of the rise of the erstwhile colonies and their need for increasing their rates of economic growth as reasons for which there would be a lot of competition in the world without there being any significant cases of violence or anarchy. The rise different sources of power in the world would therefore result in the twentieth century being one where there is violence but not of a significant enough magnitude. This means that there would be middle ground that exists throughout the twentieth century. The events that took place in the twentieth century would affect significantly the outcome of the events of the twenty first. For instance, the two world wars that led to the loss of millions of lives would affect the way in which the world views violence. The way the nations of the world would look at collective violence sanctioned by a group of nation states would be different in the twentieth century. This can be seen in the clout that the United Nations has in dealing with decisions in the twentieth century. Even though there are situations where its authority is flouted, the international community more often than not supports its decisions. The mandate of the United Nations is considered to be synonymous with the mandate of the international community. This mandate is more often than not, geared towards the maintenance of peace in the world. This shall lead to situations where it has to be in conflict with certain interests. This shall lead to friction which shall not however, escalate to a condition where the mandate of the international community can or shall be collectively violated. The chances of two fronts forming in the world in the way it was in the twentieth century is not likely. Robert Jackson refers to the impossibility of extreme anarchy or extreme peace in his book Classical and Modern Thought

Wednesday, September 25, 2019

The Merits of Automating Business Processes Essay

The Merits of Automating Business Processes - Essay Example This entails collecting appropriate data that would demonstrate the significance of automation as a quality enhancer and a transferrable idea that could help organizations to speed up their activities while aiming for optimum performance and productivity (Atkins, 2001; Domingue and Pedrinaci, 2009). To understand how effective the phenomenon of automation is, it is imperative to design this research in a way that the applicable variables are tested and the right participants are investigated in order to come up with useful statistical presentation. The purpose of this is to reveal the fact that automation works perfectly when all the component structures are properly aligned in its implementation (Comuzzi and Pernici, 2009). 2 3.1 Sample The participants to be investigated for this research would be employees of the target organization who are in charge of the organization’s IT Department, Manufacturing Department, and Accounts Department. The number of participants from each Department will be ten (n=10); hence, the total number of employers to be engaged in the entire research would be 30 (N=30). The employees would be chosen at random to avoid prejudicial selection so as to get fair results. The conditions for participation would be that each chosen employee has worked for the organization for a minimum of 5 years and have noticed drastic improvements in the organization’s performance owing to the automation of the operations at the organization. Variables The most important variables this research would test include the following merits of automation: Optimum Performance Ratio:- This will be measured by comparing the percentages of performance before and after automation. The percentage of performance can be estimated from the responses participants would provide to the questionnaires. Cost-efficiency Ratio:- This is why the Accounts Department employees are included as participants in this research so that they could give the extent of cost o f operation before and after the automation. 3 Comparative Speed of Operation:- The employees at the IT and Manufacturing Departments would be expected to supply the needed information about the relative speed of operation at the organization before and after the implementation of automation. 3.2 Instruments The major instrument that would be used for this study is an open questionnaire which would contain important questions the chosen employees of the organization must provide responses to. The advantage of an open questionnaire is that applicants would not be provided with any response option: they would be required to supply response to each question as they deem fit. Other applicable information about the organization’s operations would be garnered from the Annual Report of the organization. 3.3 Research Design Each open questionnaire would contain ten questions. And unlike closed questionnaire, the participants are free to supply any response they deem appropriate to th e questions. A sample of the ten questions is given as follows: (i) What does the operations at your organization look like before some or all of the processes were automated? Please comment about the speed, cost and performance of operations. (ii) And what does the operations look like after automation? Please also comment on the speed, cost and performance of operations. 4 (iii) Which areas are mostly improved through the implementation of automation procedures? (iv) How about the quality of production or

Tuesday, September 24, 2019

Kodak and Fujifilm Essay Example | Topics and Well Written Essays - 1750 words

Kodak and Fujifilm - Essay Example In 1965, Fujifilm descended into the US, establishing its quarters in New York, in 1966 it set itself up in Dusseldorf to manage business in Europe, in 1987 it introduced itself to Germany, and so on until it had its industries scattered across the globe, from Japan, to the Middle East, to North America (Fujifilm Global, Corporate History). According to Shigetaka Komori and Shegehiro Nakajima, Chief Executive Officer and Chief Operating Officer respectively, of Fujifilm, "Once, our overwhelming core business was photographic film, but we have now evolved into a company which is continually growing in a number of new strong business fields." These "new" fields that Fujifilm is expanding into include studying the "fine chemistry which controls elaborate chemical reactions, mechatronics, optics, electronics, software and a wide array of manufacturing technologies." Fujifilm is not just a photofilm industry that deals with only camera related products, rather, as Komori and Nakajima cont end, Fujifilm even caters to producing "highly functional materials such as LCD materials; medical/life sciences such as pharmaceuticals, functional skin care cosmetics and nutritional supplements; graphic arts such as printing materials and equipment; optical devices such as camera phone lens units; digital imaging such as digital cameras, digital printing, and Photobook." For Fujifilm, the ultimate goal is to "make a broad contribution to society through products and services using our leading-edge, proprietary technologies," and "aim to be a company which can respond to any changes with corporate excellence on a global scale," (Fujifilm Global, Message from the Chairman and President). Moving onto Kodak, American inventor George Eastman founded his photofilm company in Rochester, New York in 1982 (Sparkes, Kodak: 130 years of history). In 1900, Kodak launched its Brownie camera, bringing the camera into the hands of the masses of society, and in 1969, the Appollo 11 mission even made use of Kodak film. Sparkes also mentions that in 1975, Kodak was the first to build a digital camera and in 2005 it was "the largest seller of digital cameras in the US, with revenue reaching $5.7bn." Kodak's plan was to "make photography as convenient as the pencil," and the official US Kodak website further states that Kodak is "known not only for photography, but also for images used in a variety of leisure, commercial, entertainment and scientific applications. Its reach increasingly involves the use of technology to combine images and information--creating the potential to profoundly change how people and businesses communicate." Rupert Neate in his "Kodak falls in the 'creative destruction of the digital age," makes a very poignat statement that now "it is the end of the "Kodak moment." Michael Krigsman in his piece on "Goodbye Kodak, Hello Fujifilm," also makes a similar comment that "After 131 years great American photographic icon, Eastman Kodak, filed for bankruptcy w hile Japanese FujiFilm rises toward greatness." Clearly, there has been a sharp decline in the success of Kodak despite

Monday, September 23, 2019

Corporate Responsibility for Childhood Obesity Essay - 2

Corporate Responsibility for Childhood Obesity - Essay Example The authors of these two articles are supporting the same cause but in different ways. First and foremost is the length of the material, Zinczenko’s article is rather brief and reads very much like a discussion or a conversational blog posting. However, Linn and Novosat’s article is much more scientific and literary representation of their very similar arguments. Zinczenko takes the most direct route and blames the consumption of fast food directly is the cause of the childhood obesity. He argues that as a child he was a â€Å"latchkey kid,† a term in the 1970s and 1980s to describe children of, usually, single parent households, who are left to care from themselves when their guardian is at work; they used to keep the house keys are a string around their necks, hence the nickname (Zinczenko, 391-392). He offers a number of supporting factors that do benefit his argument. Firstly, he explains that his personal experience as a latchkey child, he understood how fast food becomes the quickest, most convenience, and, often, the cheapest way to feed hungry children. The greater statistics of children in economically depressed environments are even more likely to consume larger portions of the fast foods available. However, the flaw in Mr. Zinczenko argument is that no one is likely to deny that if a child or anyone was to consume fast food for every meal of the day may ultimately develop health problems and obvious weight gain. He, also, makes the correlation between childhood obesity, fast food, and the ever increasing numbers of diabetes cases among children (Zinczenko 391-393). Linn and Novosat’s article is a much more scientific and formal research work. It is considerably longer, detailed, offering statistics, and averages of test and studies performed. They do not blame the fast food items and products directly, the way that Zinczenko’s article did, but rather the specific advertising that is geared specifically towards children regarding fast food

Sunday, September 22, 2019

International Relations Essay Example | Topics and Well Written Essays - 1000 words - 12

International Relations - Essay Example Sen (2002) identify the misconception surrounding globalization. He identifies globalization as an ancient practice. The definition of globalization is well portrayed by the number of activities a country is involved in. There is need to outline globalization as a current phenomenon. A distinction should be made between globalization and westernization, the focus should on how the concept affects sovereignty of a given nation. Globalization provides a different concept form that experienced during the 20th century. The then period was characterized by European dominance. This meant that national all over the world where under the jurisdiction of European nation. The shift in balance begun in mid 20th century where United States and the Soviet Union ruled over international matters (Baylis et al. 75). The concept infringed on the rights other nations. The core nation enjoyed political and economic dominancy (Baylis et al. 207). Globalization creates a level playing ground, this means that setting standards to be used by different nation in their domestic matters. This meant that the oppressed nations felt the need to focus on alternative means to create opportunities for themselves. Sen (2002) acknowledges the ancient worries and how this is being transformed. Countries are them working on models based on global requirement. The interdependent between nations has created a platform where current events depend on global patterns rather than domestic components. Sen (2002) indicate a different pattern on global events. The concept of loss and profit sharing within states indicate the nature in which globalization has influenced issues. The common market protocol means that identifying risks within a given economy and applying global components to deal with them effectively. The profit sharing portfolio among major global unions and partnership means that the earlier gains experienced by a given

Saturday, September 21, 2019

Role of Teacher Essay Example for Free

Role of Teacher Essay Teachers instill a want for learning within the student while formulating a structured path for the student to succeed. The role of a teacher is to stimulate this want to learn, while providing the necessary tools and guidance for the student. The classroom should be a learning environment that students are excited to participate in because the desire to learn is exemplified by the teacher. The best teachers I’ve had have instilled this desire to learn through a number of different skills working cohesively to help guide me through the educational process. These teachers had the greatest impact on me because they took my desire for learning personally, and did all they could to ensure the best possible learning environment. When learning is enjoyable, the likely hood of students continuing to learn independently of the teacher increases. Some of the skills that helped create this environment included patience, organization, awareness, encouragement, and an open mind. The best teacher I’ve ever had utilized all these skills, and I remember her from my freshman year of high school. I had ADHD as a teenager, and had trouble sitting still to say the least. My math teacher had the patience to work with me, while managing and guiding the rest of the students in the class. She developed a unique way to grasp my attention while other teachers could not, and her class ended up being the most exciting class in my high school career. Her awareness of my unique situation and having the patience and open mind to try teaching differently was what inspired my love of math. I received my highest grade that semester in her class because the desire to learn the subject came from within, but was exemplified by the teacher. She would not have been able to manage the entire classroom with this unique approach without organization and encouragement of each individual student. A few of these skills can make a good teacher, but a great teacher uses all of their s kills cohesively to create a positive interactive learning environment. The worst teacher I’ve experienced had a personal goal to be the hardest teacher on campus, rather than the greatest. Being a hard teacher doesn’t ensure a students success, and can deter the student from wanting to learn. A great teacher understands the needs of all their students, while working with their students to learn. When focusing on becoming the hardest teacher, unrealistic goals and expectations are set that can take away from the confidence of the student as well as the approachability of the teacher.  This creates a gap in the teacher – student relationship that can be detrimental to learning. While I learned a lot from a teacher who tried to be the hardest, they didn’t create a desire for me to learn. The class turned into a workbook, rather than a learning experience. While some subjects are naturally harder than others, I believe they an be approached uniquely and can be taught in a way that makes sense to any student given the right patience. This teacher was an exceptionally brilliant math professor, however – his class average was a failing grade which he was proud of. If the class average is failing, then he’s not teaching to the whole of the class or looking at the students individually. It’s possible to teach a hard subject in a way that the core ideas and theories can be grasped by al l the students and individually helped as necessary. It’s not one quality that sets a good teacher apart from another, but a number of qualities working together that create the right experience. When looking at the list in section 1.2, all of these are qualities of a good teacher. However, the number of qualities that make a great teacher is far too long to list. It’s instead, how well the teacher uses each of these qualities cohesively in and outside the classroom environment. These qualities include patience, approachability, confidence, awareness, and an open mind. These qualities are a complete necessity to the success in a teaching role.

Friday, September 20, 2019

Maybank BHD Financial Performance Analyis

Maybank BHD Financial Performance Analyis CHAPTER 1 INTRODUCTION Production or gain from a financial institution is depending on some issues whether the external control or the internal control. External control refer to the environment in our country like economy growth and inflation that effect the purchasing power of customer as the price of goods increases, customer demand will increase too. The Malaysian economy actually moves together with strong financial system. Strong financial system of a country will contribute to economic growth. Economic growth of a country like Malaysia is measured in terms of real GDP. According to Travel Document Systems (1996) ,since independent on 1957 until 2005, Malaysian economy had grew by 6.5% per year automatically it become the best country in Asia at that time. Banks nowadays struggled to maintain a good performance in order to fulfill its objectives of satisfying their customers, employees, depositors and government according to Askari Commercial Bank ( 2006 ). The evolution of financial system in Malaysia has been significant. 7.2 per cent economic growth registered by the country last year was the highest achievement over 10 years and was driven by the two stimulus packages as well as the management of countrys financial and banking system by Bank Negara said the Prime Minister Datuk Seri Najib Tun Razak (2011) . 1.1 BACKGROUND OF STUDY Profit is the major focus of why everybody struggles to make sure their business going well as profit is the important sources of funds. This paper will measure financial performance of Maybank Bhd and determinant of data by identifying the profitability performance of Maybank Bhd. It is important to understand the profitability of commercial bank after considering certain factors that may contribute to the profitability. The research is based on the performance of Maybank from 2001 to 2010. 1.2 PROBLEM STATEMENT A financial institution is a profit-seeking organization owned by shareholders who expect to gain return with the risk associated that they have to face. There are many factors that contribute to bank profitability. According to Bankers Journal Malaysia, for Malaysian Banks, more than 80% of their total income is attributed to interest income. Previous studies have also found that interest income and non-interest income have a positive effect on bank profitability. However besides those banking characteristics of internal variables, there are some external variable that may affect the banks profitability performance that cannot be overemphasized like inflation and GDP. Earlier studies by Al-Hajji, Mohsen (2003) have found positive relationship between the GDP and bank profitability. When GDP increases, profitability of the bank will increase too. Adverse result was found about relationship between inflation and bank profitability. This study will answer the question of how interest income, non-interest income, GDP and inflation rate relate with bank profitability also how is well is the performance of Maybank Bhd during the period of study. RESEARCH QUESTION Dependent and independent variables are studied to find solution about the profitability performance of Maybank Berhad. Factors affecting performance of Maybank Berhad can be comprises into external and internal factors. The criteria that will be evaluated are interest income, non-interest income , interest expenses, Gross Domestic Product (GDP) and inflation rate. The intent of this study is to examine the effect of all this factors towards performance of Maybank Berhad. This research problem leads to questions concerning relationship between selected criteria. In this research, there are few question were asked as listed below : 1.3.1 To what extend inflation rate effect the performance of Maybank Berhad? What are the relationship between dependent variable and independent variables ? 1.3.3 What is the factor that most effect profitability ratio of Maybank Berhad? 1.4 OBJECTIVE OF STUDY The main objective of this study is to study the factors attributes to the profitability performance of Maybank Bhd. comprises of interest income, non-interest income ,Gross Domestic Product (GDP), and inflation rate. The study also will determine the profitability performance of bank for 10 years period. Apart from that, there are few supporting objectives to support the main purpose were listed below : To study the relationship between internal variables and bank profitability. To identify whether bank cost and bank revenues will contribute to profitability performance of Maybank Bhd. To determine which factors contribute the most to profitability of Maybank Bhd. To analyze the trend of Maybank profitability over 10years and identify Maybanks strength and weaknesses using certain profitability ratios. SIGNIFICANT OF THE STUDY Bank profits refer to the return on invested capital and it is important to company as well as the shareholder. Bank profits can be considered as benefit to depositors as it shows stronger, safer and efficient banking system in the increases in revenues and services improvements. Indirectly borrowers also will get the benefits since the bank lending rate depends of ability of banks capital accounts. This paper will focus on some categories as follows: Facilitate researcher to find out the major factors contributing to the profitability performance of commercial banks especially Maybank Bhd. To assist the researcher to be more alert on how to manage and overcome problems that could come together with independent variables and provide guides on how to improve profitability performance. Also provide information on banks profitability strength and weaknesses that could be use by the customers as an evaluation of banks performance. The researcher may also view the performance trend of Maybank Bhd. during this 10 years from 2001 to 2010. 1.6 SCOPE OF STUDY This research paper will focus on the financial performance of Maybank Berhad based on banks profitability. The factors that will be evaluate are divided into 2 which are external factors (Gross Domestic Product, and inflation) and internal factors ( interest income, non-interest income ). 1.7 LIMITATION OF STUDY The limitations of this study is the data only for 10years starting 2001 to 2010. Furthermore the data come from secondary data and sometimes may be adequate or accurate. Besides most of the data were gathered from journals, BNM – Maybank annual reports , and articles. 1.8 DEFINITION OF TERMS 1.8.1 Profit According to Wikipedia, profit  can be considered as the difference between the purchase  price  and the  costs  of bringing to market whatever it is that is accounted as an enterprise or in a simple word it means money gained in business. 1.8.2 Interest Income Companies sometimes keep their cash in short-term deposit investments such as certificates or deposit with maturities up to twelve months, savings account, and money market funds. The cash placed in these accounts earn interest for the business, which is recorded on the income statement as interest income. Interest income will fluctuate each year with the amount of cash a company keeps on hand and the general level of interest rates as set by the Federal Reserve. (Source: Joshua Kennen – Investing for beginners guide ) 1.8.3 Operating profit The profit earned from a firms normal core business operations. This value does not include any profit earned from the firms investments (such as earnings from firms  in which  the company has partial interest) and the effects of interest and taxes. It is also  known as earnings before interest  and tax (EBIT). (Source:http://www.investopedia.com/terms/o/operating_profit.asp) 1.8.3 Profitability Analysis Analysis that assigns revenues and costs to major customers or groups of customers rather than to organizational units, products, or other objects. The results may direct organizational resources toward more profitable uses. It is an application of segmented reporting in which a customer group is treated as a segment. It is especially helpful when combined with an activity-based costing approach that determines which activities are performed for each group and assigns costs based on appropriate drivers. (Source : http://www.answers.com) 1.8.4 Inflation Inflation is An increase in the amount of currency in circulation, resulting in a relatively sharp and sudden fall in its value and rise in prices: it may be caused by an increase in the volume of paper money issued or of gold mined, or a relative increase in expenditures as when the supply of goods fails to meet the demand. (Source : Websters New Universal Unabridged Dictionary) 1.8.5 Financial Ratios Ratios that measure a firms ability to meet its short-term financial obligations on time, such as the ratio of current assets to current liabilities. (Source : The Free Dictionary by Farlex ) 1.8.6 Gross Domestic Product Gross domestic product (GDP) refers to the market value of all goods and services produced within a country in a given period. It is often considered an indicator of a countrys standard of living. Gross domestic product is related to national accounts, a subject in macroeconomics. ( Source : http://erbwikipedia.org/wiki/Gross_domestic_product ). Interest Expense Interest expense is a non-operating or other expense for the cost of borrowed money or other credit. The amount of interest expense appearing on the income statement is the cost of the money that was used during the time interval shown in the heading of the income statement, not the amount of interest paid during that period of time. (Source : Accounting Couch) SUMMARY In this chapter, we have discussed about the influence of factors affecting profitability performance of Maybank Berhad and the question that need to be answered in this paper. This research examined the bank profitability which focused on both the returns on bank assets and equity, net interest rate margins and net operating margin. High performance comes from effort given by bank management to produce high profit while facing risk related. Firm need to generate income as much as possible as banking institution is a profit-orientation company. CHAPTER 2 LITERATURE REVIEW INTRODUCTION Bank performance depends on the profitability measurement of banks financial statement. It is recognized that the growth of the banking system is dependent on a strong and stable economic development. PREVIOUS STUDY This paper deals with performance of commercial bank, focuses on Maybank Berhad. Some of previous study that relate with this research are Masood et al. (2009) revealed that in case of calculating profitability in terms of ROE or ROA the most significant internal and external factors affecting Saudi banks are capital adequacy ratio, earning assets to deposits ratio, operational efficiency, growth rate in GDP, and banking sector development. He finds also that variables to do with credit risk, inflation rate and interbank offered rate are insignificant and have a low effect on all indicators of profitability. The results in the speech by Tan Sri Dato Ali Abu Hassan Bin Sulaiman, Governor of BNM, (23 September 1998), he stated that since the onset of the financial crisis, BNM had instituted a number of measures , amongst others included tighter loan classficication policy for non-performing loans and a limit on lending for the purchase of shares. Since then, the financial crisis advers ely affected the real economy, resulting in real GDP contracting by 4.8% during the first half of 1998. Year 1998 was a difficult year for the banking system while 1year after that was the recovery year in the performance of banking system. (BNM 1999 Annual Report Press Conference). Haslem (1968) defined profitability as the capacity to gain or profit, or to return a profit or income. Profit is the measured for productive capacity of a company. According to Orl and Yolalan(1990), profitability performance evaluation of a banks should be linked to decision model so as to associate the result obtained with the decision. Meanwhile, according to Bashir and Hassan , (2003) on their study on the factors influencing the profitability of Islamic banks in eight Middle Eastern countries for the period 1993–1998, they find that the higher leverage and large loans-to-asset ratios lead to higher profitability. This study also indicates a positive relationship between macroeconomic variables, stock market development and profitability of banks. Ben Ben Naceur and Goaied (2006) they find that macroeconomic indicators like inflation, GDP, and market concentration ratio have no impact on banks interest margin and profitability. However, financial structure variables (stock market capitalization divided by total assets or GDP) do have a positive effect on the return on assets. Staikouras and Wood (2003) said that macroeconomic indicators (variability of interest rate, growth of GDP) had a negative impact on profitability. Chance and Lane [1980], and Sweeney and Warga [1986] find little evidence that supports the interest rate sensitivity of bank or financial institutions stock returns. On the other hand, studies such as Lynge and Zumwalt [1980], Booth and Officer [19851, Scott and Peterson [1986], and more recently Chaudry and Reichert [1999] suggest that the stock returns of financial institutions are highly sensitive to changes in interest rates.  Different result from Kosmidou and Pasiouras (2007) which they examine how a banks specific characteristics and the overall banking environment affect the profitability of commercial domestic and foreign banks operating in the 15 EU countries and they found that the main determinants of profitability measured by ROAA, macroeconomic conditions (inflation, growth of GDP) and financial market structure (stock market capitalization to total assets or to GDP, total assets to GDP) are statistically significant and related to both domestic and foreign banks profitability. Apart from that, Bourke (1989), Heggested (1977) using the consumer price index (CPI) as a proxy for inflation both of them made a research on relationship between profit and inflation and the result, both studies found that inflation had a significant relationship with profit. Earlier study from Revell (1980). believed that inflation could be a factor in the causation of variations in banks profitability. For studied on total expenses, items that fall within the control of bank management can be broadly divided into 3 categories: staff expenses, provision for loan losses, and other general expenses. Expenses, such as payment for income tax, are considered statutory expenses and hence beyond the control of management. Devinaga Rasiah (2010) . THEORETICAL FRAMEWORK In this study, 4 factors were chosen to be evaluated. They are return of unit trust fund, risk level of unit trust, diversification level and last but not least is risk-adjusted level. Below is the relationship between dependent variable and independent variables. Title : Investigation of The Financial Performance of Maybank Berhad Bank interest income Bank Non-Interest Income GDP Inflation rate Bank Profitability Interest Expense DEPENDENT VARIABLE INDEPENDENT VARIABLES CHAPTER 3 METHODOLOGY AND DATA 3.0 INTRODUCTION This study will analyze the relationship between dependent variable (profitability of Maybank Bhd) and independent variables (interest income, non-interest income, inflation rate and Gross Domestic Product (GDP) ).This study will covered 10 years data from 2001 until 2010 and will be done using Statistical Package For Social Science (SPSS). Furthermore, hypothesis will be tested whether it can be accepted or rejected. This will provide more understanding view among variables. The advantage of using profitability ratios is that they are inflation invariant that is they are not affected by changes in price levels. This is useful in a time series analysis such as this, where the real value of profits may be distorted by the time varying inflation rates as stated by Devinaga Rasiah (2010). 3.1 DATA COLLECTION Data was collected using annual reports of Maybank Bhd. The data collection was compiled from the financial statement also the balance sheets from Maybanks annual reports for 10 years.. All the data will be evaluate accordingly to see the relationship between the dependent and independent variables also to test the hypothesis. Besides some of the data comes from Internet website like video on news and some articles which contain information about Maybank Bhd. 3.2 SAMPLING FRAME 10 years data was chosen as to see the latest profitability performance of Maybank Bhd. 10 years data is enough to show the flow of performance of bank to see whether it has consistent performance or not and factors which relate the most to banks performance can be determine. 3.3 SOURCES OF DATA The data on Maybank Berhad financial statements and balance sheets were collected using secondary data which come from: (BNM) Bank Negara Malaysia Annual Reports (2001 until 2010). Bursa Malaysia Internet Website. Library books, articles and magazines. 3.4 VARIABLES AND MEASUREMENT The variables used in this study can be categorized into two main types which are, the dependent and the independent variables. 3.4.1 Dependent Variables The dependent variable for this study is the profitability performance of Maybank Bhd. 3.4.2 Independent Variables There are 4 independent variables in this study which are interest income, non-interest income, inflation rate and Gross Domestic Product(GDP). RESEARCH DESIGN Research design involves a series of rational decision making choices. Various issues regarding the topic will be describe here including purpose of study, types of investigation to be make, time horizon and so on. 3.5.1 Purpose of the Study The purpose of this study is to determine the profitability performance of Maybank Bhd from 2001 to 2010. Besides, this study attempt to analyze the factors relates with the performance of Maybank Bhd. and what are the factor that has the highest impact on Maybank Bhd performance. 3.5.2 Types of Investigation This study involved the multiple regression study on the data from range of 2001 until 2010. This model was chosen because this study has more than 1 independent variable.. 3.5.3 Unit of Analysis Unit analysis for this study are interest income, non-interest income, inflation rate and GDP. 3.5.4 Time Horizon This study will use range data from 2001 until 2010 of Maybank Bhd. 3.7 DATA ANALYSIS AND TREATMENT This study use SPSS, multiple regression study as the statistical tool as to measure how all these variables will influence profitability performance of Maybank Bhd. The multiple regression study will be used to analyze the relationship between dependent variable, which is the profitability of Maybank Bhd and independent variables which includes interest income, inflation rate, GDP and non-interest income. Multiple Linear Regression Model: General Functions: P = f( Inflation rate, interest income, Non-interest income , GDP, e ) Specific Form of Equation: P = a + b1X1 + b2X2 + b3 X3 + b4GDP + b5INF + Where; P = profitability a = Constant b1, b2, b3, b4 = Coefficient Beta value X1 = interest income X2 = non- interest income GDP = Gross Domestic Product INF = Inflation = Error 3.8 HYPOTHESIS STATEMENT There are 5 hypotheses in this study which are: Hypothesis 1 H0: There is no significant relationship between inflation rate and bank profitability. Hypothesis 2 H0: There is no significant relationship between GDP and bank profitability. Hypothesis 3 H0: There is no significant relationship between Interest Income and bank profitability. Hypothesis 4 H0: There is significant relationship between Non-Interest Income and bank profitability. SUMMARY In this chapter, we have discussed about where the data comes from and how the data will be measures to evaluate the significances between dependent variable and the independent variables. The study is designed to examine 5main areas which are interest expense, interest income, non-interest income, inflation rate, and Gross Domestic Product (GDP). 10 years data from varieties of secondary sources like Bank Negara Malaysia and internet sources will be evaluated to explain the relationship between profitability performance and factors influence it. .

Thursday, September 19, 2019

Suicide :: essays research papers

Nobody chooses to be born but we all have the option to take our own life. Teenagers face many problems in today's society. Depression, gangs and drugs are all negative pressures on adolescents. Suicide,( a very serious issue) seems to come up more and more often. "I am depressed, ashamed of my looks, I have no friends†¦nothing," a troubled teenager would say, "Killing myself is the only solution." Is it? According to statistics, "suicide is the third leading cause of death among young people 15 to 25 years of age, following unintentional injuries and homicide". Across the country, psychologists are treating the "suicidal teenager" with counseling and even medication. Family and friends are also very supportive. But who is to say if one should live or die. When we are born we live until we die, but when is that? When you get run over by a car? Drown? Executed, or when you kill yourself? Society tends to put a lot of pressure onto those people with mental and physical disabilities. Making them feel like something is seriously wrong. Some people believe that being homosexual is wrong and all gays should be wiped of the face of the earth. Why do they believe this? Because in the way that they were raised their environment taught them that being gay is wrong. In our society today anything said or done can be easily expressed incorrectly and therefore misunderstood. There is always someone that is going to dissect and analysis each and everything someone says or does. Leaving people hopelessly misinterpreted. There is no truth in what people say the only truth is whatever you want to believe. Some people may believe that an effective way to make a statement is by committing suicide. Born only to die. What is life? Is it going to school, getting a good job, making lots of money or committing suicide? It depends on what your values and morals are. We are all going to die eventually, but it doesn't have to be now. If problems appear there is always a solution, it is your option what to do about it and killing yourself should not be an option. No one has the right to say self-murder is wrong, it may be stupid but if you select to kill yourself it is you that decides what life is. I have had a few friends who have seriously considered ending their life.

Wednesday, September 18, 2019

Analyse the relationship between the mother and her son in The Sons Es

Analyse the relationship between the mother and her son in The Son's Veto by Thomas Hardy showing how their behaviour and attitudes were affected by society. "The Son's Veto" is a short story that focuses on a woman, Sophy, who is torn between two conflicting social classes. Sophy is an uneducated parlour maid who marries a man above her class to secure her future. The son that is the outcome of the marriage is arrogant and self centred. He acts as thought he is superior to his mother because of his higher education and who he socialises with. The relationship between Sophy and her son, Randolph, is poor because they grew up in different classes. The thing that held their relationship together was the father and husband. When he dies it is as though the mother and son have nothing in common anymore. Social attitudes have affected heir relationship because the mother cannot be accepted into the son's class and the son will not be accepted into the mother class because it will ruin his reputation. At the beginning of the story, Hardy shows the social detachment between Spohy and her son through the language he uses, "Has, dear mother - not have!, exclaimed the public schoolboy". Hardy uses very impersonal phrases to describe how Sophy is being treated as if she is an object, "She was conducted out of the gardens and passed along the pavements". There is an expectation of how Sophy would be treated as a disabled woman. She noticed how people were interested in her but she did not mind, "did not mind gratifying their curiosity". Sophy is seen as the barter of the male and not as an individual. This means society treats her differently because of this as well as being disabled. When Sophy is the par... ... son. It is Randolph's insecurities and shame over his mother that leads him to control her life. In this way, as long as he is there to supervise her actions, he can take those extra precautions to prevent any social embarrassment that may be inflicted upon him by his mother. Sophy does not necessarily recognize this fact, but is only willing to put his needs and wants before her own. She also feels a sense of duty and obligation towards Randolph and therefore accepts what he says as being final. Ultimately, Sophy believes it is his happiness she needs to ensure and secure, not her own. This, sadly, is how she leads her life. Hardy analyses the flaws existing in society today and gives a fantastic example in showing how the "standards" set up by the public, as well as the selfishness that prevails among the citizens in society, destroyed Sophy's life.

Tuesday, September 17, 2019

Filipino Values Essay

The Filipino value system arises from our culture or way of life, our distinctive way of becoming human in this particular place and time. We speak of Filipino values in a fourfold sense. First, although mankind shares universal human values, it is obvious that certain values take on for us a distinctively Filipino flavor. Secondly, when we speak of Filipino values, we do not mean that elements of these Filipino values are absent in the value systems of other peoples and cultures. All people eat, talk and sing, but they eat different foods, speak various languages and sing different songs. Thus, we easily recognize Filipino, American, Chinese, Japanese or any other foreign food, language or music. The difference lies in the way these elements are ranked, combined or emphasized so that they take on a distinctively Filipino slant or cast. For instance, in China, honesty and hard work may rank highest; Chinese and Japanese cultures give great value to politeness and beauty; American culture to promptness and efficiency; and Filipino culture to trust in God and family centeredness. In this sense of value-ranking and priority of values, we can speak of dominant Filipino values. Thirdly, universal human values in a Filipino context (historical, cultural, socio-economic, political, moral and religious) take on a distinctive set of Filipino meanings and motivations. This is true not only of the aims and goals, beliefs, convictions, and social principles of the traditional value system of the lowland rural family but also of what Fr. Horacio de la Costa, S. J. alls the Filipino â€Å"nationalistic† tradition(pagsasarili,pagkakaisa,pakikisama, pakikipagkapwa-tao, and pagkabayani. ) A Filipino value or disvalue does not exist alone, in isolation or in a vacuum. Filipino values like bahala na, utang na loob, hiya, pakikisama, pakiusap are clustered around core values like social acceptance, economic security, social mobility, and are always found in a definite context or set of circumstances. Fourthly, we can speak of Filipino values in the sense that the historical consciousness of values has evolved among our people. The Filipino concept of justice has evolved from inequality to equality, and to human dignity; from the tribe, to the family, and to the nation. Filipino consciousness of these different values varies at different periods of our history. It is only in the last two decades that the Filipino people have become more conscious of overpopulation and family planning, environmental pollution (Kawasaki sintering plant) and wildlife conservation (Calauit Island), and the violation of human rights (Martial Law), active non-violence and People Power (1986 non-violent Revolution).

Monday, September 16, 2019

Juvenile Justice System

The juvenile justice system and parents across America struggle on a day-to-day basis with their children and substance abuse. It is stated that four out of every five children arrested within the system are under the influence of a substance (alcohol or drugs) when committing the crimes that forced them to be detained and arrested (Alcoholism. about. com, 2010). It is reported within the textbook that seventy-three percent of high school seniors had used alcohol within the past year, which makes the possibility of teenagers entering the juvenile justice system even higher (Siegel & Welsh, 2009).It is also believed that we as a society, does not provide the adequate support to those youth that are using controlled substances; which could in turn result in a more positive outcome, versus a decline in their behavior from initial arrest (Alcholism. about. com, 2010). This is a very true statement because in 2009, the SAMSHA reported that 374,000 citizens were treated for substance abuse between the ages of eighteen to twenty-four; that does not include the amount of individuals who did not seek help and those that were even younger.It also does not tell the story about how many of those individuals started using controlled substances at an earlier age as a juvenile (Substance Abuse and Mental Health Services Administration, n. d. ). According to Joseph Califano, Jr. , we are writing of the younger Americans by releasing them back into society without attending to their substance abuse needs (Alcholism. about. com, 2010). As an American, it is notable that social status plays a vital role in why juveniles embark into the realm of substance abuse.When children aren’t accepted by their peers, they tend to lash out and try things to make their peers accept them, or hide in a corner and not seek any help because they want to be left alone (Siegel & Welsh, 2009). Social disorganization plays another vital role in why juveniles resort to substance abuse. Because t he United States has so many different juvenile justices systems, it is hard to be held accountable for the different practices taking place, and the fact that non of the practices are helping one hundred percent of the time is unacceptable (Alcoholism. bout. com, 2010). Many juveniles fall into the system, and because there is limited help for them within their state/system, they become long time offenders and turn their adult careers into offending and spend the majority of their lives in adult prison institutions (Alcoholism. about. com, 2010). It is estimated that if provided the proper treatment, juvenile course could save a whopping $14 Billion per year (Alcoholism. about. om, 2010), but it is up to the state and local governments to put the time, efforts and resources into the system to help rehabilitate the youth while they are young, because at some point, the rehabilitation slows or stops completely. It is and always has been difficult to judge whether punishing juveniles was more acceptable than rehabilitating them, but numbers in the state of California has declined to show that rehabilitating is the most viable option to release the strain on our justice system and over crowding in prisons (Mellon, 2008).At times, the most viable option is not the best, but in this situation, it is believed that if you truly want to help youth and keep them on the path of becoming responsible citizens, it is very much necessary to rehabilitate them and coach them early in their childhoods. If we wait until after they commit a crime and become a reactive society, the numbers will blossom into a flower that does not glorify our country.Adults who commit violent crimes that are not first time offenders, they generally had a record as a juvenile that was never addressed and rehabilitated (Deitch, Barstow, Lukens, & Reyna, n. d. ). Although rehabilitation is not always the answer, it can definitely help solve the equation. Alcoholism. about. com. , (2010). Most Juvenil e Offenders use Drugs, Alcohol. Retrieved February 6, 2012, from http://alcoholism. about. com/od/teens/a/blcasa041007. htm Deitch, M. , Barstow, A. , Lukens, L. Reyna, R. , (n. d. ). From Time Out to Hard Time: Young Children in the Adult Criminal Justice System. Retrieved February 6, 2012 from http://www. utexas. edu/lbj/archive/news/images/file/From%20Time%20Out%20to%20Hard%20Time-revised%20final. pdf Mellen, G. , (2008). A Historic Struggle: Punishment or Rehabilitation. Retrieved February 6, 2012, from http://www. presstelegram. com/justice/ci_9327709 Siegel, L. J, & Welsh, B. C. , (2009). Juvenile Delinquency –Theory, Practice and Law. California.

Sunday, September 15, 2019

Tiered Lesson Plan

Differentiated instruction is a concept that has gained in popularity over the past few years. The goal of differentiated instruction is to maximize learning success for all students. This type of instruction provides a variety of different ways for students to take in information and make sense of ideas (Hall, 2002). The expectation associated with differentiated instruction is that a teacher is willing to make certain modifications in order to ensure learning participation by all students (Hall, 2002).Each student learns in a different way and in order to make sure that all students meet educational objectives differentiated instruction uses a combination of whole group, small group and individual instruction in order to meet the learning needs of all students (Hall, 2002). In addition, differentiated instruction recognizes that all students have different background knowledge, readiness, language, preferences in learning and interests. Recognizing these differences allows all stud ents, regardless of academic ability, the chance to succeed in school.Unfortunately, society has a negative attitude about those with learning disabilities (Carolan & Guinn, 2007). However, it is essential that teachers are able to modify lesson and curriculum in order to meet the learning needs of all students. Teachers cannot have abelist attitudes towards their students. They cannot expect them to do things they are not able to do (Carolan & Guinn, 2007). Therefore, this lesson aims to â€Å"minimize the impact of disability and maximize the opportunities for students with disabilities to participate in schooling and the community† (Carolan & Guinn, 2007).The lesson calls for each student to write a report about a farm animal. Modifications about length, number of sentences and spelling requirements can be made for struggling writers in Tier I performing below grade level. A visit to a local farm has allowed all students the chance to see animals in their natural habitat t o find out what they eat, what their offspring are called and what resource their animal provides for humans. In order to encourage struggling writers to include all of this information they could write a list instead of whole sentences.In addition, they could include illustrations to help them get their point across. The idea behind the standard (Students use writing as a tool for learning, inquiry, and research) is that students get the opportunity to practice their writing skills. For a struggling writer, simply writing a few words would meet that objective. In addition, students are also required to write a letter to their animal. For struggling writers this could include just one sentence and a picture. Another option would be to have students glue a picture of their animal to a piece of paper and thank their animal for what it provides to humans.Tier II includes students learning at grade level. These students must complete the objective according to grade level so they will b e required to include three complete sentences in their letter to their animal. They will also include information about their day in their letter. These students will be expected to use proper capitalization and punctuation as well. Tier III includes students performing above grade level. Often these students are not challenged enough in the classroom so certain modifications need to be made to ensure that they are learning.To this end, these students can write a complete story about their trip to the farm including a beginning, middle and end. They could also create a poster telling why their animal is the best animal on the farm. These activities, in addition to required assignments, will provide high achieving students with the chance to further their writing skills through extended activities. In order to best serve each student they must be placed in the appropriate tier. Students of the same age are not all alike when it comes to learning (Tomlinson, 2001).Therefore, careful consideration must be made when choosing the best tier for each student. In differentiated instruction, commonalities among students are noted but differences are also addressed as well (Tomlinson, 2001). Realizing the differences is what allows a teacher to maximize educational success for all students regardless of ability level. Each tier allows students to process and internalize information based on their specific skill level (Tomlinson, 2001). This type of division promotes classroom learning by all students. Students will be placed in tiers based on their writing abilities.Students who struggle to write complete sentences, form individual letters or incorporate capitalization and punctuation will be placed in Tier I. These students will enhance their skill level in these areas by focusing on fewer sentences but more time spent on creating a correct sentence. Students who are performing at grade level based on writing skills will be placed in Tier II. These students will displ ay the ability to write complete sentences using capitalization and punctuation and will also be able to write legibly in order to get their point across.Finally, students who are performing above grade level will be placed in Tier III. These students will show remarkable ability to quickly write more than three complete and correct sentences. They will show higher levels of thinking in their writing. The lesson will be considered successful when all students have correct written work to show for their time. Regardless of ability level, all students will write, based on their individual skills, correct sentences.Tier I students will write one complete and correct sentence that shows improvement in capitalization and punctuation just as Tier II students will write three sentences. Tier III students will show higher levels of learning through writing using paragraphs. It doesn’t matter how many sentences each student writes, but it does matter if they can show what they have le arned about farm animals through the writing of clear and concise sentences. Grades will be given based on the final product but the most important assessment of student learning is the growth a teacher is able to see from each student (Tomlinson, 2001).

Saturday, September 14, 2019

Policing in the Modern World Essay

Law enforcement work has evolved greatly over the years – from its early introduction in Colonial America with the use of Sheriffs, who collected taxes and enforced colonial laws, to today’s sophisticated large and widespread local, state, and federal agencies. Relative to the evolvement of law enforcement work, the type of candidate that police agencies seek to fill these employment slots has also changed drastically. Today in the United States candidates for police officer positions are put through a rigorous and strict hiring process to ensure strong applicants are picked for the openings. The hiring process is lengthy and usually includes written and physical exams, oral boards, a background investigation, medical and psychological screenings, and a polygraph test. All these steps are designed to remove unsuitable applicants. I feel that I possess several character traits and leadership qualities that would help me as a sworn police officer and a leader. However, th ere are aspects of my personality that could be improved to better my chances at being successful in that particular line of work. Look more:  perseverance essay Some aspects of my character that I think would help me in a possible career in law enforcement are flexibility, intuition, patience, common sense, and I am a team player. Additionally, my leadership qualities, specifically integrity and perseverance would also benefit me in a possible career in law enforcement. Flexibility is important in the context that you never know what you will be asked and/or required to do. Every call you go on will differ from the last in some sort of aspect. Things could change moment by moment and you have to be able to adapt to those changes to effectively do your job. Flexibility also includes being able to deal with new equipment, new procedures, administrators that come and go, and politicians that come and  go. I learned very much about flexibility in the while serving as an Infantry team leader in the Marine Corps. You had to be able to adjust to changing orders and missions on the fly. I quickly realized there was no typical day while deployed to both Iraq and Afghanistan. Learning to adjust to the situation at hand and being ready for anything played a large role in mission success and survival. Intuition is a quality that is needed by law enforcement personnel. The ability to take in a great deal of information and calculate a conclusion based upon it is extremely important in police work. As a police officer you respond to a call, talk to victims/witnesses, collect statements and evidence, and then form an educated conclusion on what happened all in a timely manner. This conclusion may even lead to the arrest of an individual. A lack of intuition could ultimately lead to the arrest of innocent people or the release of criminals. Another important aspect that one in a law enforcement capacity should have is patience. Chances are you are going to come across people, both who you work with and come in contact with on the street, which will require you to exercise extreme patience. Everyone has had a co-worker that you just cannot stand to be around. It takes patience to deal with this person and not create a hostile work environment. Then there are the people that you will meet on the streets that will be intoxicated or under the influence drugs. People under the influence of alcohol and/or drugs may act in ways that will test the patience of even the most veteran and seasoned officers. However much you are tested, by some of the people you may come in contact with, it is in the officer’s best interest to approach them in a professional manner and use tact and patience in resolving these situations. Losing your patience and possibly mistreating these people, no matter how ridiculous they behave/act, is unprofessional. These days common sense plays a large role in the policing community. Common sense knowledge is highly valued in police culture as a means of dealing with the many ambiguous situations that officers face (McNulty). Applying common sense while on the job and in your private, off-duty, life  is equally important. The use of common sense will often tell you the difference between what is right and what is wrong. This practice can help eliminate problems that may arise with the use of poor decision making. My ability to work in a team is a strength that I have learned through years of sports, employment, and the military. Being part of a team means accepting the leadership and the opinions of others regardless of your own beliefs and feelings. Teamwork is the keystone of any successful organization. Each individual must be dedicated to the whole team, be willing to act unselfishly, and communicate problems and ideas to solve them. A productive team has individuals that share common goals, a common vision and have some level of interdependence that requires both verbal and physical interaction (Sugarman). I have many strengths that I feel will make me a strong candidate for a career in law enforcement. Yet, there are some aspects of my character that need improvement; to improve in these areas would make me an even better police officer. I tend not to be candid at times, excessively trustworthy, and often I am my biggest critic. I have a tendency to not be candid at times because I am inclined to keep my opinions to myself. I think that a law enforcement officer has to have a certain level of assertiveness when making contact with offenders and members of the community. There is no room for being soft spoken when on patrol. This could be picked up as a sign of weakness by career criminals who have had dealings with law enforcement before and know what to look for. A sign of weakness can be enough for a criminal to try to exploit it to keep his or her freedom. To overcome this weakness I need to work on improving my self-confidence. I can improve my self-confidence skills by being more outgoing with my coworkers and in social situations. Excessive trust is another shortcoming of mine. I tend to not necessarily believe everything from everyone’s mouth. Still, past experiences have shown that I would never dispute them. Everyone you come in to contact with will not always be the most reliable source of information. This becomes a problem when you take every word for face value or to avoid confrontation. To  defeat this flaw I feel that sometimes disagreeing with people’s views or recollection of past events, when appropriate, will help me to express my own opinions. By expressing my own opinions I can set the facts straight as opposed to just accepting someone else’s misinformation. Perhaps my greatest weakness is that I am my own worst critic. I can beat myself up more than anyone else. Only I know all of my strengths and weakness. Typically, I will down play my strengths in a modest fashion and exaggerate my weakness. I do not think it is always a bad thing to criticize yourself if you do so in a constructive manner. It becomes a problem when the self-criticism becomes too great to effectively manage your weaknesses and learn from your past experiences. To conquer this weakness I need to learn how to not be so hard on myself. The only way to do this is to first realize that I have many qualities that are strong suited for a career in law enforcement. Secondly, by pinpointing my weakness I can explore constructive ways to improve them. As far as leadership goes, I have always prided myself on having a positive working relationship with fellow employees or teammates all while maintaining the highest possible standards for mission success. The two aspects are very important to any organization. I believe the Team Style Method of leadership is the most rewarding. A person who feels they are a constructive part of the unit is more likely to produce a higher level of output for the success and overall gain of that unit. Using this method increases both the individuals’ and the unit’s chance to prosper from the accomplishments made. In my opinion it is a win-win situation. There are many traits that a great leader will possess. The most essential traits I feel a good leader should have are integrity and perseverance.   Integrity can be defined as owning and adhering to high degree of moral values and professional standards. The function of integrity serves leaders well in the aspect that they are incorruptible and incapable of breaking the trust of those who have confined in them. Leaders with integrity must have an unwavering commitment to culturally accepted values and be willing to defend them (McCrimmon). This requires them to do the right thing even if it is not in their personal interest and when no one else is watching them. Leaders with integrity are responsible, trustworthy, and consistent. Should a leader ever lose their integrity it is virtually impossible for them to get it back. A second aspect of leadership I feel is very important for any leader to have is perseverance. Perseverance is the desire to continue under any circumstance that may emerge. A Master Sergeant once told me that, â€Å"You have to be at your best, even when your men are at their worst†. This quote has remained with me for many years and, to me, exemplifies the very meaning of perseverance. Someone who displays this character trait keeps their eyes on the goal and pushes themselves to accomplish the objective at hand. I look forward to starting an exciting and successful career in law enforcement. While I know I possess many attributes that would make me an excellent officer, I realize that there are some traits that are in need of attention. I can only work to improve weaknesses I have by admitting to the problems and uncovering positive solutions to set them straight. To be successful at this task will take a great deal of dedication and self-reflection. In addition to my weaknesses, I must keep my good characteristics strong. Works Cited McCrimmon, Mitch. â€Å"What Is Leadership Integrity?† Suite101. Suite101, 11 2008. Web. 20 Nov 2012. . McNulty, E. W. (1994), Generating Common Sense Knowledge Among Police Officers. Symbolic Interaction, 17: 281–294. doi: 10.1525/si.1994.17.3.281 Sugarman, K. (2004) Understanding the Importance of Teamwork [WWW] Available from: http://www.brianmac.co.uk/articles/scni13a2.htm [Accessed 20/11/2012]

Unilever Product Life Cycle

Introduction †¢William Hesketh Lever founded lever Brothers in 1885. †¢In the beginning as soap manufacturer but later diversified in to food and personal care products. †¢Unilever's corporate centers are London and Rotterdam. Walls’ Introduction †¢Walls introduced in Pakistan in 1997-98. The product line consists from lollies to ice creams. This includes Cornetto, Callipo, Max, Kulfis, Top Ten Choc Bars, Feast, Milky Way and etc. †¢Unilever committed its own resources to acquire ‘Polka' and consolidate the ice cream market for Lever Brothers Pakistan. Low gearing and reputation as a multinational blue chip give Lever ready access to capital at good terms to fund growth †¢Magnum! huuuuuuuuuuuuu †¢Magnum was introduced in 15th of June,2001 †¢Effective weights of mass audience advertising publicly displayed in the summer landscape, would strengthen consumer attachment to the brand and develop strong associations with the summer season †¢The first premium-quality ice cream to enter the adult impulse market.. ;l †¢Product Life Cycle If one looks at a category, the product life cycle seems to be an important determinant for all sorts of decisions †¢Generally a product should be kept in the growth stage as long as possible. †¢Magnum’s Life cycle †¢Magnum is in the growth stage. Due to the amount of awareness in the market, and the sales figures crossing targets, the product can be seen in the growth stage. On the PLC, market growth is also associated with increase in sales. This leads to the market becoming more attractive. Cycle-Recycle Pattern †¢The Cycle –Recycle Pattern is adopted because of seasonality of the sale. In Eid,Happy New year, Valentines day,Christmas and other seasonal events the sales follow pleasant upward trend due to the new flavors and varieties introduced by the firm. †¢Total Quality Management †¢Its all about ever barricading eminence i. e ever improving quality. †¢The quality of the product should be increase with the passage of time to keep customers as well induce new customers. Magnum’s TQM Introduction of new Magnum’s Cup will certainly improve the quality because of inclusion of â€Å"choco-topings†. The new Cup will increase the value to the customer because of its â€Å"take away† facility. pricing? † †¢Magnum’s TQM Again †¢Since Magnum is a premium choc bar and people are paying the premium to get this premium choc bar ,the TQM does have a great vitality in th is context. †¢Magnum is thought as a superb quality choc bar that’s why people wouldn’t compromise on the quality . †¢They know â€Å"they are paying for the best† †¢Forecasting and Demand Management †¢The ice cream market is particularly influenced by the weather and Wall uses a weather index to gauge conditions for sales †¢Also during peak seasons like Eids, Happy New Year and Independence Day demand is high and rices are lowered so as to compete with the other rivals prevailing in the industry . Magnum’s sales forecast †¢In terms of Magnum, this seasonality is relatively low. This is because Magnum is an impulse buying item . †¢In examining the seasonality one must consider the target market of Magnum. Will these people refrain from having a magnum in cold weather? †¢The variation in sales will not be as high or drastic as other ice creams or categories. †¢Positive Aspects for Sales †¢Pakistan’s population growth rate is almost 2% per annum. †¢Urbanization trend on the boom i. people are inducing towards higher life standards of living in cities. †¢Growth in GDP/capita reflects in the consumption pattern of the people. †¢Improved level of law and order conditions results in more FDI’s hence an attractive market. Product and Product Mix †¢A product is anything that can be offered to a market to satisfy a need and and want of the customer. †¢Product includes different product levels which are, †¢Core benefit: The fundamental service or benefit that the customer is really buying †¢Basic product: the marketer has to turn the core benefit into basic product. Levels of Product †¢Expected product: A set of attributes and conditions buyers normally expect when they purchase the product. †¢Augmented product: Augmented product means things beyond the expectation. †¢Potential product: which encompasses all the possible augmentation and transformation Magnum’ Levels †¢The core benefit of the Magnum are satisfaction and the indulgence †¢The basic product is the premium Choc Bar †¢Expectations are related with the Magnum is that it would provide that quality others can not. †¢Potential product,introduction of Magnum in new jar. Product mix †¢Product mix is the set of products the company is offering to the customer. †¢Product mix includes, width, length, depth and consistency. †¢Magnum’s Product Mix †¢Unilever is the parent company and it operates in many businesses like tea, soaps, shampoos etc. this includes in width †¢Length includes different products of the walls like Magnum, Feast ,Cornetto etc. †¢Depth includes variants of the similar product like Magnum, Feast, Sunday all are chocolate related items. †¢Unilever product lines are consistent because most of them are consumer goods. SBU Strategies †¢Almost every business unit of Unilever including Walls holds a lion’ share in their respective markets. †¢For Magnum. hold strategy is appropriate and its holding by the firm. Corporate and division Strategic planning †¢Mission Statement †¢The Mission Statement underlines the dedication to the satisfaction of the everyday needs of the customers. †¢Quality is priority in all senses. †¢We are the part of the society in which we operate. †¢Our Vision is â€Å"Touching hearts changing life† Boston Consulting Growth Matrix †¢Star †¢Question Mark †¢Cash Cow Dog Internal Environment Analysis †¢Strengths †¢- Brand Image †¢- †¢Brand recall is high †¢- †¢Qual ity is one of the best in the market †¢Weaknesses †¢Multiple Brands therefore lack of focus †¢Unhealthy competition in the corporate culture External Environment Analysis Opportunities: – Westernization of Pakistani Society – No DIRECT competition except Quanta Relatively good growth of market †¢Threats: †¢- Threat of bigger competition in the next two years †¢- Instability of Pakistani Political system Marketing Alliances Promotional Alliances The strategic alliance by the Walls with leading fast food corners like KFC and Pizza Hut outlets was an attempt to promote their product. †¢ Marketing Channel †¢These channels are essential to move product from the manufacturer’s warehouse to the consumer’s house. †¢Firms have options to decide levels of channels I. e how many channels does it want to include in the distribution of its product. †¢Walls’ Channels †¢Walls’ uses multi level channel marketing. †¢Walls uses backward integration. †¢Walls’ sales men whirl in the streets of the city on their lorries ,I. e direct marketing. Walls’ own supplier make its product available to consumers. †¢Pull and Push Strategies †¢The painstaking music produce by the whirling lorries of WALLS let its voice count ,pulling the kids to pull their parents. †¢The usage of billboards and print media is a device to push up the target customer. †¢Promotion al Tools †¢In Pakistan, Ice-Cream industry competition may be healthy but there are very few brands to name. †¢Companies have to fight for their market share and use various strategies from price to promotional, which could make them leader in the market. †¢Firms try to compete on the basis of quality, uniqueness and brand name Magnum’s Promotion †¢The most commonly used are the major media that includes billboards and posters in the display media †¢The retailers were provided with free refrigerators by the Walls to motivate them †¢Since the logo of Walls was endorsed on these refrigerators,the brand was promoted as well. †¢Pricing †¢ Historically, for most products price has been the major factor affecting the buyer choice †¢Ice cream companies’ pricing decisions are influenced by both internal as well as external factors. †¢Pricing †¢Internal Factors †¢Survival †¢Company’s objectives †¢Marke t Profit Maximization Market Leadership †¢Product Quality †¢External Factors †¢Economic Factors †¢Governmental rules and regulations. †¢Social concerns. †¢Resellers. †¢Pricing Strategies †¢The management of the Magnum uses â€Å"Price Premium Strategy†. †¢The notion of â€Å"Self Indulgence†transferred the brand advertising doctrine to brand experience I. e â€Å"have a bite please†. †¢Price doesn’t matter to target consumer of Magnum. †¢What's wrong with the Price! †¢Its is said that â€Å"Magnum is too expensive† †¢It is thoughts as a reason of minimal sales. †¢There are relatively inexpensive choc bar exists. †¢Price is not the problem! The Magnum is targeted to the people of elite class ,higher in the socio-economic ranks. †¢The target set for Magnum’s sales have achieved up to maximum extent. †¢Lowering the price will usurp its supremacy and satisfactio n level may decline because of this move. †¢Marketing Management Philosophies †¢The philosophies speak about the different strategic behavior adopted by the firm to sell their product. †¢The philosophies are adopted in the foremost interests of consumers. †¢Magnum’s Marketing Philosophies †¢Product concept , better the quality and the product attributes the better will be the sales. Selling Concept,pushing and pulling consumers time and again , inducing them to buy Magnum, otherwise it will be left †¢un noticed. †¢Marketing Concept,better than that of competitors in satisfying customers’ needs the better will be you share in the market. Magnum’s Marketing Philosophies Customer concept,provide customer what he wants at the price you want The customers decide what we serve to them. Societal Marketing,Walls started a campaign to keep the environment clean in the northern areas to preserve them †¢Brand Decision †¢Creation ,maintenance ,protection and enhancement of a brand is an art. Brand is a symbol,name,term,design or a system or amalgamation of them. †¢It’s a marketing tool and tactic. †¢A promise by seller to deliver specific set of features and values to the buyer †¢Brand Equity †¢High brand awareness of Magnum as a member of Walls’ family. †¢Magnum possess high degree of brand preference. †¢Customer is satisfied with the brand and devoted to it . †¢Customer doesn’t want to change the brand over price issue. Brand Building Tools The campaign inaugurated by the Walls to â€Å"Save the environment† added privileged to the Walls as well its family. Wall’s â€Å"Heart Branding† captures the enthusiasm of the young and the young-at-heart, laying claim to 72% of the frozen desserts market share in Pakistan. Analyzing Competitors †¢By knowing our Competitors we may be able to predict their next moves, exploit their weaknesses and undermine their strengths †¢Who are your competitors? †¢What customer needs and preferences are you competing to meet? †¢What are the similarities and differences between their products/services and yours? Magnum’s Competitors †¢Competitors for walls in general are many; in fact they include all the ice cream providers. For Magnum we would like to define our competition strictly in terms of the target market. In this definition we would consider the product category level. Major Competitors †¢In this list we consider Igloo Quanta to be our main competitor due to similar attributes of the product and a very similar target market. †¢For the purpose of a nalysis we will group the competitors into two. First we would discuss our main competitor i. e. Igloo Quanta and then the rest in one group Who Is The Competitor †¢Igloo Quanta †¢Moven Pick Ice cream †¢Snoopy Ice cream parlor †¢Gelato Affairs Ice cream parlor †¢Igloo Dip Shop Imported Ice creams like Hagen Dazz, Dove, and Galaxy available at places like Aghas Stake Holders †¢At Unilever we are dedicated to meeting the everyday needs of people everywhere. †¢We participate in the well being of the society ,we live and work †¢Touching hearts by changing lives RESOURCES †¢Unilever committed its own resources to acquire ‘Polka' and consolidate the ice cream market for Lever Brothers Pakistan †¢Low gearing and reputation as a multinational blue chip give Lever ready access to capital at good terms to fund growth. †¢In the local ice cream market not many have the capability to invest in completely new technologies. Financial ass ets of more than RS. 7 BILLION. Human Resources †¢People are the driving force for success. †¢HR initiatives focused on encouraging empowerment and transparency in the organization. †¢E-town project brought the Chairman and top team to everyone’s desktops via live streaming video and allowed employees to address their concerns to the panel via a chat server. Resources †¢Me and U,an interactive HR portal that brings employee information to to everyone’s desktop. †¢Child Day Care center allowing employees to have their infants in close proximity under very best care Resources †¢Distinctive Capabilities advantage. †¢Walls has a weather index that helps in describing peak seasons for selling ice creams. †¢Sharp market sensing. †¢Intimate linking with the customers. †¢Strong channel bonding. Organization and it’s Culture †¢Uni Lever ,a visionary organization. †¢Highly professional Organization with the highly professional people. †¢The society is the family and look after of family is my own responsibility Market Segmentation The Magnum has segmented the market on the basis of income ,social and economic class and esteem level. Nice marketing strategy has been adopted focusing on the smaller but elite segment of the society as well as of market. Psychographics Segmentation Life style The people from the A/A+ class are considered for customer ship. Personality People having high level of esteem ,standing high on the need hierarchy pyramid. Behavioral Segmentation Occasions The Magnum focuses on the occasions when somebody wants to rejoice himself by himself. â€Å"I hate somebody nobody hates me! I love somebody no body loves me† Self Indulgence is the underlining theory. Loyalty Status Hard Core Loyals. TARGET MARKET †¢Magnum focuses on the upper niche market. The upper class segment is whom we want to buy our product. †¢These are people who wouldn’t mind spending †¢Rs 25 for an ice cream; rather they would impulsively buy the product whenever they go out for a drive or something. †¢Magnum is â€Å"Just for You† †¢The concept of sharing is not embedded Target Market †¢Target market people from the ages of 18-30, upper class, possessing a very high set of self esteem people †¢People who have style and don’t mind spending more for better quality, brand value etc Market Positioning An art of designing the product of the company and it’s image to occupy a distinctive place in the mind of the target market. Positioning is not what you do to the product. Its what you do to the mind of the panorama Market Positioning †¢Marketing positioning means how the customer rate your product in comparison with your competitors. †¢The firm should offer a substantial value to its customers to sustain the positioning of its product. Magnum’s Positioning Attribute Positioning For self immoderation User Positioning Appealing to stylish people Quality and Price Positioning High price for the higher quality Magnum’s Positioning Since a Rs 25 choc bar is quite prestigious bar,so people feel good when buying the Magnum. The higher the price the higher will be the quality & the higher will be the satisfaction level. People rank it as a premium brand with priceless quality Marketing Research System †¢Walls has its own department for Marketing Research. †¢Primary Data is provided by Sales team. †¢Secondary Data is gathered from publications and other sources.

Friday, September 13, 2019

Event Management (Event strategy plan) Essay Example | Topics and Well Written Essays - 1750 words

Event Management (Event strategy plan) - Essay Example People were not happy. This caused severe unrest and people began to revolt. All over the Arab world, including Syria. This revolution has done more damage than good, causing a lot of pain and suffering on the women and children of the country. (Jamoul 2012) This section of society hasn’t even had that much of a role in the uprising. But they have been tortured, abused physically, mentally and sexually, till all hope has been lost. Over 500 children have been killed in a year of the uprising. (United Press International 2012). Women and even young girls have been raped and killed, at the hands of authority – like policemen. (Women under siege Syria 2012) The rest are all miserable and scared, and it is time to do something for them. In an effort to make the lives of the victims of the uprising – especially the women and children, we shall organise a fundraiser on an international scale. An event that will show people just how much the uprising has affected this s ection of society and how badly they are affected. (Peralta 2012) The event will not only be a call for attention but also a cry for action to the privileged so that they can do something for those that have suffered. ... It will have different elements to it such as an auction by international celebrities of their favourite items, followed by live performances. There will be dances, songs, stand up and so on. But the focus of the night will be on the woman and children of Syria who have had to suffer so much. The night will not just be one of fun. It will be emotional. A rollercoaster of a night that will allow people to enjoy their surroundings and a jarring reminder that they have it easy, by showing them what the women and children are going through. We will show them videos and let them see what is happening. These people will be constantly reminded of the sad plight of thousands of innocent women and children who are suffering at the hands of authority. Strategic Aim The whole point of this event is to create awareness among the people of the world, of the plight of the women and children of Syria. That done, we feel it is our duty to aid them in any way we can. They have suffered enough at the hands of authority, and they need to be rescued. By this event, our objectives are threefold. One, to create an international awareness about the plight of the women and children in Syria. Two, to generate funds to aid these victims. And three, to set up trusts that will ensure that the victims are taken care of. All donations will be anonymous. The framework of objectives would need to be broad enough to include the large variety of event genres, but still be lean enough to work with. (Damm 2011). Research Management Events such as these happen all the time. Celebrities and the ‘big shots’ get together to support a cause, have a good time and donate what they wish to a charity of sorts.

Thursday, September 12, 2019

Oil and us foreign policy in middle East Essay Example | Topics and Well Written Essays - 2500 words

Oil and us foreign policy in middle East - Essay Example Significance of Study The Middle East is one of the most strategic places that have attracted many nations from most parts of the world with regard to both commercial and political interest. Middle east is actually at the centre of world attention and always captured on the global news bulletin all around the world for both political social and economic reasons. This shows that Middle East is a key partner in the global economy. Its role in the global commercial and political ties cannot be undermined. Oil and petroleum are key element in the economies of all the nations of the world and changes in economic trends for various nations are often linked with changes in the oil prices in the world market. The major reason is that petroleum products are a major source of energy for both household and firms in all parts of the world. Cars, motor vehicles, airplanes and many machines rely heavily on fossil fuel as a source of their power. Thus, the demand for petroleum products is almost co nstant and increases steadily as global demand rises. The United States is then submerged in crude oil. Up from 2008 to 2013, domestic oil production in United States went up by 2.4 million barrels in a day this was the biggest in the country’s history. ... q or Saudi Arabia still have a big impact.  That is one conclusion of a major new report by a commission of  former generals and senior officials, backed by Securing America's Energy Future (SAFE). Wallander Celeste in his article explains that many experts who have worked for the U.S. government believe that there has been careless talk in the recent days that America can now ignore Middle East1. These middle east nations have come together to consolidate their power by forming the Organization of petroleum Exporting Countries (OPEC) which provides the oil producing nations a strong bargaining power to negotiate for the best deal in their commercialization and sale of crude oil. OPEC sets the production quotas and support in the provision of earning levels and standards for producing nations. This goes a long way to determine the prices of petroleum products. It is worthy to note that after the collapse of the Soviet Union in 1991, the bipolar global ideological war ended and th e United States and the Capitalist West emerged as the global leaders1. Currently, the United States leads the global economic order. Due to this, the United States plays a vital role in putting in place measures to ensure that OPEC and other nations are meeting all necessary requirements to ensure a reasonable and stable price for crude oil. Since the United States plays a fundamental leadership role in dealing with OPEC countries the volatility of Middle Eastern nations causes major fluctuations in oil prices, there is the need to understand the foreign policy of the US in the Middle East. The essence of this study is to identify the main ways the United States keeps oil prices stable to maintain stable oil prices. This will provide significant information and guidance on the core indicators