Demand difference/ focus of a business Essay

Methods: cause, solution(s), ED ( Elasticity of Demand), challenges, effects. Cause The main cause would be origin, LUMOS is based in the UK, has an British founder and aims on the British public. However this does not mean that all the marketing they produce is reaching British people. Since the fund is all about helping children in poor European countries and not aimed to only help British people, they receive a high percentage contribution from other counties as well. Solution(s) More attention can be received by using J.K Rowling giving a message, I think LUMOS can use het in their advantage compared, especially to other non-profit organisation. The message will be received worldwide since her books are an universal best- seller and not just in England. Another solution to make the international public more appealed to contribution to LUMOS is by starting to focus on other languages as well, like a Dutch website with a euro system ( they use pounds ) this makes it more complicated for people who have a basic or lower level English. Money available should go to promotions in the Netherlands, LUMOS is very unheard of in the Netherlands. PED The demand in the Netherlands is less than in the UK because the advertisements and promotion is kept in the UK. The demand to donate to LUMOS is 70% less from Holland compared to the UK. Percentage change of price has been replace by percentage change in advertising. % advertising PEA= x 100 % in demand Advertising There is 100% in the U.K % A = 20% There is 80% in The Netherlands There are  £9.834.037,- donations made in the UK. There are  £3.947.394 donations made by Holland. The change 5.886.643 % =x100x 100 = 149% Original figure 3.947.394 % QD = 149 % 13.4 Challenges: Making LUMOS well known and accepted in the Netherlands by making promotion and other communication tools Dutch. Effects on the business: There will be more contributors both from Holland as well as other parts of the word (note world-wide message for J.K Rowling) Environment 1B Business: Mc Donalds Environment difference: Demand difference Counties: Netherlands – UK Methods: cause, solution(s), PED ( Price Elasticity of Demand), challenges, effects. Cause The cause of a demand fall in the U.K compared to the Netherlands is because of the *1 difference in target tastes in both counties and *2 because of the prices in pounds ( inflation) Solution(s) To cause *1 -Get to know the (target) audienc(es) better so they can adapt their products to the consumers tastes. – offer more options in the menu to choose from. To cause *2 – lower the prices by finding cheaper suppliers or lower them and make less profit calculating from the same amount of Demand, however this might be a very good idea. (See PED) PED ( Price Elasticity of Demand) The following formula can be used to measure exactly how responsive demand is to a given price change: ( ceterus paribus ) Ed = The price elasticity of demand Δ = ‘change in’ Qd = Quantity demanded P = Price A Prices from mc Donald’s fall 17.8% Demand rise with 23.4% B Prices from mc Donald’s fall 10% Demand rise with 3% ( nobody really notice) This means that Price and Demand are inversely related ( Ceterus Paribus) Calculation: A -17.8:23.3= -.763 -10:3:3= -3.4 = elastic, or A is the best option. Challenges. Disequilibrium: since Mc Donald’s sells consumables the products have to be sold quickly otherwise it would creating a surplus in stock. But if either the prices are lowered or the food adapted to a more university liked taste the position would be equilibrium which in turn would create a shortage or an equal position. So the challenge is to estimate the higher number of sales so they can calculate the right stock and amount to purchase at the supplier. Effects There will be more or an equal number of consumers at the Mc donald’s in the UK compared to Holland. Some things are going to have to be changed, like I mentioned the purchases in stock.

Different Ways of Persuading

A few years back, I had a very close friend who never believes that she has the ability to keep up with life. She reiterates that she is ugly and that nobody is going to like her forever. In addition to that, she insists that she is not at all intelligent. She states that she is useless almost every waking moment of her life. What I did was to show her that I extremely like her; see, according to the â€Å"law of liking†, individuals tend to be fond of someone showing fondness to them as well (Rinke, 2006, n. p. ). My persuasive manner of delivery actually changed her belief that nobody is going to like her (Rinke, 2006, n. p. ). When this same close friend of mine got sick of endometriosis, she did not believe that surgery can help her (Kotelnikov, 2008, n. p. ). What I did was to combine â€Å"trust, logic, and emotions† to convince her to undergo surgery for her sake (Kotelnikov, 2008, n. p. ). I had to tell her that she should trust me and I did that by explaining carefully the procedure of the operation, as well as, the advantages that it will bring her after (Kotelnikov, 2008, n. p. . The tone of my voice, as well as, my body language surely touched her as well since I was able to convince her eventually (Kotelnikov, 2008, n. p. ). There was also a time when she had a terrible family problem (Hogan, 1996, p. 95 – 114). I did not say much, simply because it is enough that I was there to listen and to show her that I care; through the non-verbal communication I carried out, I was able to convince her that her situation is not that bad after all (Hogan, 1996, p. 95 – 114). The gestures, as well as, the eye contacts were convincing enough (Syque, 2007, n. . ). On a final note, in almost all the situations that I have been there with her, I utilized â€Å"reason† to convince her (Hubpages Inc. , 2007, n. p. ). When she told me that she believes all men are bad, I immediately provided her with objective reasons why she should not continue to believe so (Hubpages Inc. , 2007, n. p. ). She was able to draw a commonsensical conclusion eventually after I presented explanations as to why she should not generalize her emotions/perceptions toward men (Hubpages Inc. , 2007, n. p. ).

A Research Paper on IFRS and Its Implications

A Research Paper on IFRS and Its Implications International Financial Reporting Standards (IFRS) is a comprehensive, globally accepted set of accounting standards utilizing a principles-based approach with a greater emphasis on interpretation and application of those principles, aiming at best reflecting the economic substance of transactions. It is a less extensive body of literature than U.S. GAAP with limited industry guidance and lesser detailed application guidance. IFRS requires a much greater exercise of judgement, supported by detailed analysis and documentation. In other words, U.S. GAAP gives us a detailed instruction to the location where we would like to go where us IFRS will just guide us to the destination by showing us the direction. Today, more than 40% of the Global Fortune 500 are using IFRS. Stock exchanges in the 85 countries that require IFRS comprise 35% of the global market capitalization, compared to 25% of the global market capitalization held by U.S. exchanges   [ 1 ]   . IFRS is most likely to bec ome mandatory by beginning of 2014. Why IFRS? The question facing companies is not â€Å"If to adopt IFRS†, it is of â€Å"when and how† to adopt IFRS. With so many companies focused on managing through the economic downturn, few leadership teams are eager for one more big thing to do. Especially when that thing involves something as pervasive as International Financial Reporting Standards (IFRS). But IFRS continues to be adopted by jurisdictions around the world. Taking the organization to IFRS will require managing change in multiple areas: technical accounting and tax, internal controls and processes, management and statutory reporting, technology infrastructure, and organizational issues. They’re all interconnected, which makes things a bit more complicated than imagined. IFRS relies more on general principles than detailed rules and bright lines. This means that the finance people will end up working much more closely with others in the organization to make judgments about accounting based on the underlying economics of transactions. A flurry of operational changes could be triggered by IFRS as well. Companies may have to re-examine contracts and debt agreements, treasury policies, employee benefits, education and training, and communications. Opportunities to centralize statutory accounting functions into shared service centers might also have to be looked at. A revisit of the offshoring, outsourcing, and tax planning decisions might also be required. Principle or Rule Based? At a global symposium held in the month of January where the Peter Wyman, a partner of PwC noticed a sea change in the debate surrounding the adoption of a uniform international accounting standard. The feeling was that IFRS will be adopted across the globe, the issues which were present were only of how it was to be done. There have been primarily been two major approaches to accounting namely rule based and principal based. UK and Europe have a principal based accounting system which allows greater discretion and use of professional judgement. On the other hand, US has been following rule based accounting system which was further strengthened after seeing the light of scandals such as Enron, etc. The major challenge for International Accounting Standards Board (IASB) is to adapt IFRS so that it is agreeable to all the parties involved.

Causes and Trends of Homophobia in Middle East Essay

Causes and Trends of Homophobia in Middle East - Essay Example It is really an escalating tug of war between the homophobic society, human rights activists, and homosexual oriented persons. Undeniably, the Middle East society has been adamant in supporting lesbians, gay bisexual and transsexual (LGBT) groups since time immemorial. What is the status of homophobia In Middle East? This paper addresses the current issues of homophobia in Middle East by trying to answer the following important questions. What are the current trends of homophobia in Middle East? What are the main causes of homophobia in this region? Current Trends of Homophobia in Middle East Homophobia refers to the outraged fear and expression of anger towards homosexuals or simply to people who express sexuality that differs from the normally accepted heterosexual behavior or identity. Since time immemorial, the general society has always recognized and appreciated the heterosexual type of orientation towards sexual identity. However, few societies have identified and developed their own sexuality identity. Middle East has been in particular very resistant towards any persons or group of people deviating from heterosexuality. For the last few years, increased homophobia has been observed in Middle East. It is claimed â€Å"In parts of Africa, the Middle East, the Caribbean, and elsewhere it is still very dangerous to be gay. People are being executed. Homophobic attacks, rapes, and murders happen all too frequently† (Dehgan, 2011, p. 1). Homophobia has always been suppressed by various societal structures such as the law, traditions, and religion. Most Middle Ea st countries have laws that prohibit marriage between homosexuals or any other form of sexuality besides heterosexuality. For instance, â€Å"More than two dozen men were arrested at what police called a â€Å"mass homosexual wedding† in the United Arab Emirates† (The Advocates, 2006, p. 37). However, as the society becomes more revolutionized more homosexuals come out in the opens and begin fighting for their rights. This is arguably the main cause of homophobia in this region and the rest of the world as well. Many people are coming up in the open to form groups that help them express their concerns on how the society treats them due to sexual orientation. The media plays a very important role in shaping the discourse of issues affecting the society. In the Middle East, media influence is a great force that cannot be ignored. Arguably, it has given the two opposing camps a fair playground in expressing their feelings and opinions. Homosexual groups come out in the me dia and openly express their stand towards sexuality. Internet and television has been one of the most widely used media in which homosexuals use to either express their sexuality or express their outrage against groups fighting them. Middle East countries are mostly Islamic. This implies that there is high degree of homophobia in this region than any other region in the world. Islam religion strictly prohibits homosexuality and has stern disciplinary measures and actions against homosexuals. Koran prohibits this type of sexuality and as such, Muslims in this region use it as a source of authority to discredit homosexuality. Politicians play a role in shaping the societal fabric. Politicians have been known to follow the current trends and demands of the population to achieve their political ambitions. Arguably, the politicians have been instrumental in quenching the homophobia crisis by advocating for equal rights to people of all types of sexual orientation. It has enabled the soc iety to accept the homosexuals and their sexual orientation rather than fighting them. Indeed, there is a slight increase in countries accommodating homosexuality. Habib agrees that â€Å"

Legal Foundation for Business Essay Example | Topics and Well Written Essays - 2750 words

Legal Foundation for Business - Essay Example This is because Part B creates a major background that can be used for the discussion of the application of the precedence from the Donghue V Stevenson case. Facts of the Case On the 26th of August, Mrs. May Donoghue, a Scottish widow went to a cafe with her friend and made some orders. Donoghue's friend ordered something else and Donoghue ordered a ginger beer. Donoghue's friend paid for the order. The cafe owner served Donoghue with the ginger beer which she poured from an opaque bottle to Donoghue's cup2. There was normal ginger beer in the cup and Donoghue drank it. However, when Donoghue's friend poured some more of the ginger beer, a decomposed snail came afloat. Donoghue fell ill form the sight of it and complained of abdominal pain. She was admitted to hospital a few days later and was diagnosed of gastroenteritis and shock3. Donoghue's friend took the details of the manufacturer of the ginger beer which led to Stevenson, the manufacturer. This led to a case against Stevenson in court. A case was filed against Stevenson and hearings begun in May 1929. Arguments in the Court Case In the case, Donoghue tried to get Stevenson to take responsibility for her sickness resulting from drinking the contaminated ginger beer and the emotional shock that came with it. Her argument was that Stevenson should have gone the extra mile to prevent injuries. However, Stevenson argued that since Donoghue was not the one who paid for the beer, there was no contract between Donoghue and himself. Also, there was no proof that Stevenson was negligent in delivering the ginger beer to the Donoghue. The court at the local level could not uphold Donoghue's case. Donoghue appealed to the Inner House in Scotland but the case could not be ruled in her favour. Donoghue went on and filed a gase in the House of Lords as a pauper in 19314. The House of Lords The House of Lords began to hear the case in 1932. The House of Lords had to decide between whether to hold Stevenson responsible f or the sickness and emotional pain that Donoghue suffered or not. It was clear that there was some kind of unfair injuries had been suffered by Donoghue. And it was also obvious that the injury was directly attributable to the decomposed snail in a ginger beer supplied by Stevenson. However, the fundamental laws could not directly link Stevenson to the issue because: 1. There was no contract between Donoghue and Stevenson since Donoghue did not pay for the ginger beer. 2. There was no evidence that Stevenson was negligent. There could be a chain of possibilities that could include other third parties who could potentially be responsible for the issue. The House of Lords, being the highest adjudicating body with some law making powers at that time had to decide on how to deal with the problem. They could set a precedence. However, such a precedence had to be sensitive to the broader society since it could be reapplied to other cases in the future. Thus, the five judges of the case sa t on the facts and took a decision. The submissions of the different judges were as follows: Lord Thankerton He identified that there was no contract between Donoghue and Stevenson and clearly, there was no duty of care between the parties. However, he conceded that a manufacturer brings himself a voluntary obligation of not harming a consumer. This obligation was to be upheld in order that a consumer can rely upon the diligence of the manufacturer without issues. This means that he identified

Reading journal about a book Essay Example | Topics and Well Written Essays - 500 words

Reading journal about a book - Essay Example ookie’s character, illustrating a deep need for emotional and sexual gratification by others which confuses her identity and how she should be perceived in the story. While others are deeply concerned about her well-being, which Sookie clearly appreciates, she questions herself regularly and over-analyzes scenarios with a deep concern that she might betray, offend or otherwise harm others. Sex is a major theme which Sookie seems to equate with acceptance and approval, yet in some ways it seems to be a mockery to this character. She is duplicitous, for sure, and this impacts what she chooses to give to others when describing death, friendship, betrayal and other concepts. From a gender perspective, there is little method by which to clearly classify what type of gender persona she really is enacted; or desires to enact. Her obsession with cuddling and physical embrace seems to be the only method by which she finds comfort in her own identity. When she is more aggressive and assertive, she keeps it to her thoughts, such as stating that she is mad at another person, but chooses not to express this openly. She seems to internalize many of her conflicts, making it so that others in her social environment remain unaware that she is so duplicitous and complex. In one situation, she says of Alcide, â€Å"screw him† to show indifference, yet she dreams of making love to Alcide secretly. It seems she wants others to believe she is self-sufficient, confident and strong, but in reality it is the need for romance that drives the majority of her motivations. Far from discussing the storyline in-depth, it is Sookie’s complexity of character and personality and how it chooses to present itself to others that makes the story so compelling in terms of gender identity and gender

The Importance of Nursing Theory Research Paper

The Importance of Nursing Theory - Research Paper Example The Roy Adaptation model, a grand theory model, is significant in nursing theory for its pragmatic and logical considerations about real-life health environments and the human condition. This paper describes the importance of generalized nursing theory to the nursing profession and, using the Roy Adaptation Model as the appropriate guidance, this paper will describe how this model impacts patient care, the purpose of this particular model, and how this theory would view nursing leadership and education. The Roy Adaptation Model is one of the most viable models in nursing theory. The Importance and Validity of Nursing Theory Study Nursing theory provides a great deal of quantifiable and justified assumptions that assist in building an effective model of nursing practice to improve productivity, interpersonal relationship development between nurse, patient or organizational groups, and can assist in deciding a best practice model taking into consideration environment, biopsychosocial c haracteristics of the nurse, and patient needs. Unlike mathematical models that are often used in organizational science that consider proper utilization of distinct tangible resources, nursing theory is sensible and practical, recognizing the complexity of human behavior and various coping strategies that are integrated into a model of practice to understand the dynamics of relationships and actual patient care. Nursing theory, unlike other models, do not limit the scope of human knowledge to equation modeling or consider the role of the nurse practitioner as being autonomous of their emotional states. In a health environment where inherent emotional responses are going to surface in practice, and where patient emotional and rationalization capacities create adaptable situations, it would be unrealistic to assume that a health care organization could be structured effectively (or training delivered properly) without recognition of these variables in the cycle of nursing care. For t he aforementioned reasons, nursing theory is critical to improving the nursing profession and facilitating more effective care to patients. It identifies the potential hindrances or barriers to communication or group functioning so as to create a template by which to combat these situations. Such theoretical modeling also illustrates how one care or leadership function is inter-dependent on another in a health system, identifying redundancies that might occur in practice or opportunities to improve practice responses. Nursing theory, by drawing on real-life case studies or other supporting qualitative research, creates a knowledge base about legitimate, contemporary nursing requirements or human needs to assist in identifying more effective organizational systems or interpersonal relationship development. Examining the complexities of patient needs, as another relevant example through various studies, creates testable hypotheses about how to handle various emotional constructs in pa tients to deliver better care. Nursing theory can identify certain socio-demographics or ethnographic knowledge about patient personalities in identified cultural groups so that different strategies

Commission as Naval Officer Personal Statement Example | Topics and Well Written Essays - 250 words

Commission as Naval Officer - Personal Statement Example This is based on my wide experience in the Aviation Maintenance community (Samuel 12). Through working as a Safe for Flight in Maintenance control and adequate skills I gained during my tenure as an administrator in Aviation Maintenance, I posses managerial experience, proficiency and strong leadership ability that characterize a successful Naval officer. Having worked as Administrative Leading Chief Petty Officer, my effective leadership style will not only be limited to serving my seniors with diligent but also I will portray professionalism in guiding junior sailors. After my remarkable duties as an Airman Recruit in the United States Navy, I am determined to work extra hard and end my 30 years career as a Naval officer. I am well equipped to undertake the tasks of LDO/CWO. Make me part of the Naval Community! You will experience my dedication and open mindedness. I am the â€Å"Technical Expert† who will not rest until I attain my goal of enhancing Navys

SLP 1 MGT - 491 STRATEGIC IMPORTANCE OF HUMAN RESOURCE MANAGEMENT Essay

SLP 1 MGT - 491 STRATEGIC IMPORTANCE OF HUMAN RESOURCE MANAGEMENT - Essay Example All the steps involved in formulating a strategic hiring process will be discussed in details. This analysis will be of importance in my future career as a Human Resource Manager either employed by an organization or being self-employed. The first step in the hiring process is identifying a vacancy and evaluating the needs of that vacant position. Vacant positions may be created due to growth demands of the organization, an employee quitting the job or the need for a specialized service. Once a vacant position is identified; the HR will require revisiting the organizational goals so that a proper evaluation of the kind of person required is done. Evaluation is guided by the current and future demands of the post and the overall long-term and short-term goals of the organization (Arthur, 2012). This assessment helps the HR manager to identify the competency required of the person to be hired. Important details such as tasks to be completed and employee’s work hours are also determined based on the post evaluation. Once the HR has identified the vacant position and has come up with the requirements for the position, the next step is the preparation of a post description. The description of a position determines the kind of people who will be attracted. A job description creates the first impression to a potential employee. A good position description should include the responsibilities of the employee, and this document can be used later to access the performance of the hired employee. Moreover, it guides the training and career improvement programs that the hired employee will undergo after hiring. The general information to be presented to the prospective interviews will include payroll title, salary and name of the department. Other special requirements such as a driving license and the BFOQ’s will depend on the kind of position in question. A description of the purpose of the position will include details such as specific roles, position duration