Web Influence Over Business Essay Example For Students

Web Influence Over Business Essay The Internet will greatly alter the structure and operation of all industries. For the management of any existing business the central question is not whetherthe Internet will be relevant to your business, but rather what will we need todo to profit from that change ( The Internet ). The Internet is evolvingmany aspects of business and it creates many new business opportunities. It isdeveloping what is called the New Business Environment, because it changesthe way products are developed, distributed, marketed, sold, and serviced (Business on the ). In theory, doing business over the Internet withconsumers should be ideal however, many people are not comfortable with it yet. We will write a custom essay on Web Influence Over Business specifically for you for only $16.38 $13.9/page Order now It will take a little while before most people are completely at ease and orderproducts. First off, the Internet will provide many capabilities that will bevery beneficial to a business. Some of the benefits include E-mail, MailingLists, UseNet, Telnet, FTP, Gopher, and of course the World Wide Web. All ofthese are a way to keep you informed and in touch with business associates andcustomers anywhere in the world ( What can the ). With an Intranet inplace youve got an infrastructure for group applications, you dont need toinstall software on everyones PC, they can just use their Web browser andwhile the main costs are in employee time, the cost of software has droppedsignificantly ( Put Your Own ). The effects of the Internet will take adecade or more to generally replace existing patterns of business. The Internetand its strategic impact are not technological issues, they are business ones (The Internet ). Executives are likely to carry responsibility for whethertheir organization u ltimately prospers or perishes in an Internet impactedworld. The particular impact will differ between industries, so you need toidentify the likely form of impact it will have on your industry and adoptappropriate strategies. A few threats are when using the Internet, competitorsbecome relatively more effective, e.g. reducing costs, improving service andincreasing sales impact. Also, some important customers or suppliers may havemigrated exclusively to the Internet and are inaccessible in any other way. Somefirms redefine the industry in a very fundamental way that threatens allexisting competitors ( The Internet ). With the advent of the Internet, ithas dramatically improved operational and sales effectiveness in numerousdifferent applications. A few such areas are, on-line stockbrokers: such asE*Trade and Ceres, on-line travel agents, banks and other financial services:such as on-line banking systems, and insurance and fund management. Right now,there are many companies whose out reach is global such as Amazon.com and CD Now,soon all of the above areas will be global ( Daring ). Another area of thebusiness environment that will be significantly changed due to the Internet aresmall firms, especially ones who wish to export. The Internet can relativelyeasily give small firms access to international markets, and engage in electriccommerce ( Cragg ). However, not much is known about the use of the Internet bysmall firms, mainly because it is such a new method. An example of such an ideawas taken advantage of by Elizabeth Botham ; Sons Bakery. The bakery islocated in a small town called Whitby in North Yorkshire and business is toughbecause it is geographically restricting and it is based in a very seasonabletown. In order to do business and keep their staff hired year around themanager, Mike Jarman turned to the Internet. He found a company called OctagonLtd., which helped him get started. Since going on the Web in 1995, the companyhas had over 25,000 potential customers visit the site and receives a dozenhefty orders a week ( Yorkshire Bakery ). The Web is a great distributiontool, the information you place on your Web site can be accessed 24 hours a day,7 days a week. The Web can save you time and money in information distributionover traditional mail and printing methods ( Daring ). Rather than reading astatic advertisement, your customers can go directly to their areas of interestand see an intriguing web page. They can get detailed information on your staffand services, browse your product lines, and get up to date information on whatis happening in your company. One of the benefits of a web site is that yourcustomer can respond to you directly ( Shaw ). Even though the Internet has manybenefits, there is still a few drawbacks to this technology. First of all,communicating with clients and customers via E-mail only goes so far. It ispretty difficult to market a product over a computer, basically whatever acustomer sees they get. Also, empowerment is being transferred from sellers tobuyers. The Internet is decreasing the importance of a merchants locale andinformation about competing products is readily available ( Business on ). .u08765bfd8ab1b4867ac048208d54f8a0 , .u08765bfd8ab1b4867ac048208d54f8a0 .postImageUrl , .u08765bfd8ab1b4867ac048208d54f8a0 .centered-text-area { min-height: 80px; position: relative; } .u08765bfd8ab1b4867ac048208d54f8a0 , .u08765bfd8ab1b4867ac048208d54f8a0:hover , .u08765bfd8ab1b4867ac048208d54f8a0:visited , .u08765bfd8ab1b4867ac048208d54f8a0:active { border:0!important; } .u08765bfd8ab1b4867ac048208d54f8a0 .clearfix:after { content: ""; display: table; clear: both; } .u08765bfd8ab1b4867ac048208d54f8a0 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u08765bfd8ab1b4867ac048208d54f8a0:active , .u08765bfd8ab1b4867ac048208d54f8a0:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u08765bfd8ab1b4867ac048208d54f8a0 .centered-text-area { width: 100%; position: relative ; } .u08765bfd8ab1b4867ac048208d54f8a0 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u08765bfd8ab1b4867ac048208d54f8a0 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u08765bfd8ab1b4867ac048208d54f8a0 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u08765bfd8ab1b4867ac048208d54f8a0:hover .ctaButton { background-color: #34495E!important; } .u08765bfd8ab1b4867ac048208d54f8a0 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u08765bfd8ab1b4867ac048208d54f8a0 .u08765bfd8ab1b4867ac048208d54f8a0-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u08765bfd8ab1b4867ac048208d54f8a0:after { content: ""; display: block; clear: both; } READ: 3 Non Traditional Religions Voodoo, Spiritualism, EssayCustomers cannot be swayed by a salesperson over the Internet. A benefit as wellas a side effect of the Internet, is it is knocking down market entry barriers,the Internet has no borders and the companys market is global. A smallcompany can be just as easily found on the Internet as a large one. The biggestproblem that the Internet is going to have to overcome is the fact that peopleare still very skeptical about making purchases over the Internet. You could getscammed and not even know it. This will change eventually when people can becomfortable with the services that it provides, but this will take some time. With the incorporation of the Internet, business have undergone many changes inthe past few years. They have become more in touch with many overseascompanys and even companys here in the US. Many industries have realizedthat if they dont adjust and incorporate the Internet in some way, they maynot be around for much longer. Businesses are going to be on the Internetbecause it represents an additional and inexpensive resource for findingcustomers because they can market directly with less advertising and a smallerwork force ( Dearth ). The bottom line is that the Internet needs to focus ongrowing existing accounts, extending to new markets and new customers, providingbetter customer service, and providing a higher level of customer satisfaction. Even though this may take some time, it is going to eventually happen and Ithink that most people who take a chance will be very satisfied with theoutcomes.

The Ab Factor

The Ab Factor Free Online Research Papers This article may be one of the most informative passages to what many may refer to as the fitness â€Å"bible†. It is the clearest, most concise version I have ever seen. For many followers and non believers, this may very well be a sure trip to the six pack promise land. Being that I am a part-time health concise individual (notice I said part-time), I have tried to explain to people that no matter how hard you work those stomach muscles, they won’t see the light of day until you loose the excess body fat. Theoretically speaking the mid section is and always will be the first body fat on last body fat off. The first subject this article brings to light is genetics. Genetics may not be the GCF (Greatest Common Factor) of hidden abs, but it is definitely a major one so let’s do the math. The shape of the abdominals is decided at birth and can not be changed by merely exercise alone. One must maintain a healthy diet in addition to exercise to help maintain the balance of this equation. Another factor the article takes into consideration is body fat. This is considered the most important but often ignored factor of them all. The percent of body fat must be lowered in order for your abs to show up. This could be anywhere from eleven to a super lean look of six percent. Simple mathematics but a not so simple process. Speaking of a not so simple process comes the nutrition factor. The article speaks about â€Å"eating clean† and eliminating bad foods from your diet. Can’t get a â€Å"six pack† eating a chocolate bar or a cheese burger. A good nutrition plan starts in the kitchen and in my opinion, should stay there. Keeping yourself fully hydrated is also essential by dinking plenty of water. This is definitely a plus because it aids in maintaining a healthy diet by satisfying food cravings. After all the genetics, the body fat, and the nutrition comes the most dreaded of them all, exercise. The article states that primary training is the biggest mistake people make when going for the wash board look. The main focus needs to be on resistance training that includes the entire body and not just the mid section alone. This can be achieved by using compound lifts, body weights and sprint training to focus on what they call the bodies metabolic hot spots. These areas include the back, lower body and chest. Cardio would be a good kick start for the metabolism as well as a full body work out. In summary, the best way to achieve the ultimate set of abs is not to focus on that area alone but the entire body. If you are trying to burn fat and build muscle at the same time, you need to understand what makes you gain and lose weight (or stay them same). Everyone has a Basic Metabolic Rate (BMR), which is the basic rate at which you burn calories. If you eat more calories than your BMR on a daily basis, you will gain weight. If you eat less, you lose weight and if you eat right at your BMR, you stay the same. Taking this into consideration, its not about the 500 crunches, its about the 500 extra calories. Cutting back on certain food, exercising regularly and being consistent is the only way you can get to the square root of the problem, the ab factor! Research Papers on The Ab FactorMarketing of Lifeboy Soap A Unilever ProductNever Been Kicked Out of a Place This NiceThe Spring and AutumnIncorporating Risk and Uncertainty Factor in CapitalArguments for Physician-Assisted Suicide (PAS)Genetic EngineeringEffects of Television Violence on ChildrenMind TravelPersonal Experience with Teen PregnancyInfluences of Socio-Economic Status of Married Males

Proposal #1 Research Example | Topics and Well Written Essays - 500 words

#1 - Research Proposal Example Natural oils- linseed, tung, and fish were used as binders until the 1960’s (Schuerman George and Bruzan Raymond 327). Currently, alkyd resins, vinyl and acrylic emulsions, epoxy resins and polyurethanes are the primary binders used in paints. Solvent chosen must be one in which the binder is soluble in and dries evenly. Most emulsion paints use water as the solvent while resin-based paints employ the use of mineral turpentine as the solvent. Pigments are finely divided, and insoluble powders dispersed in the paint that not only give paint its opacity and color, but also help to hold the paint together as well as protect the surface underneath from corrosion and weathering. Inorganic and organic substances are used as pigments with the inorganic ones being cheaper but with fewer clear colors. The tiny solid particles of pigments (≠¤ 1 µm in diameter) enables them to refract light (light has wavelengths between 0.4 µm and

Managing Work and people( research report) Paper

Managing Work and people( report) - Research Paper Example The leaders have long been considered as the ruling personality in the business and working environment. However, the theories of leadership provide different grounds to leadership styles. Leadership is now believed to be a more flexible and dynamic approach to lead a team than ever. This paper aims to provide a more logical and less rigid perspective of leadership in the context of business environment. The theories related to leadership involving charismatic leadership, contingency perspective and path-goal theory are discussed in this paper. The paper also provides an account on the challenges that leaders face these days due to modern concepts like globalization, technological advancements and diversity. This paper also provides a personal reflection on the practical application of leadership styles and forms a conclusion based on the discussions on different topics related to leadership. The leadership approach that is being supported in this paper is ‘the contingency lead ership approach’. Leadership: The Concepts and Issues The Conceptual Definition of Leadership The concept of leadership is no longer a mystery. ... This paper analyzes the perspectives and styles of leadership and aims to form a conclusion based on the research on authoritative and participative leadership styles. Traits of an Effective Leader A leader is the person who puts forward the plan, explains success, and confirms the capability of success. It is clear that a leader who assures these things will be more competent than other leader who desires to put the idea but refuses to accept any work in the managerial part (Clark, Clark & Albright, 1990). Hence, effective leader is the one who have power over people and whose decisions are binding on others. Everyone possesses leadership potential. Effective Leadership can, & normally does, emerge from the inside. Effective leadership requires the leader to take the whole group along. It is not necessary to involve the whole group in decisions regarding the group’s success however; the members of group are ‘helpers’. These ‘helpers’, if motivated an d encouraged to work together, may quicken the process of success. This is what my experience led me to realize. The first experience as a night shift manager of a small hotel was the most difficult phase of my life. I hardly knew how to handle the staff and motivate them to work speedily and accurately. Leaders in the service industry need to be more attentive since the customers and workers are in a direct contact. The motivational theories helped a lot in running the business successfully from the very beginning of my professional career. Challenges to the Organizational Leaders: The five challenges as described by Yukl (2001) involve the challenges in achieving ethical leadership, gender

Beach Trinkets E-Mail Policy Essay Example | Topics and Well Written Essays - 1000 words

Beach Trinkets E-Mail Policy - Essay Example This policy will govern any e-mail sent through company e-mail system. It applies to all the employees (full-time as well as part-time), interns, clients, suppliers, agents, and other stakeholders of the company. The e-mail policy applies to any location where the company e-mail is used, and includes, but is not limited to homes, airports, and hotels. The Company reserves to the right to make changes to the policy. Any case of changes in the policy will be communicated to the users appropriately. Violation of the policy will be dealt with seriously and may include actions up to and including termination. The e-mail system of the company is meant only for business purposes. Employees may use their e-mails for personal purposes, but such usage is limited to communicating with family members during work breaks only and should make sure that this does not hinder work performance or business needs. The e-mail shall not be used for purposes like job search, promotion of a religious, or a p olitical cause, or for personal gains. However, employees shall save their personal e-mails in a separate folder named â€Å"Private†. This folder shall be cleaned once a week in order to prevent unnecessary load on the company’s e-mail system. Use of e-mails services by companies like (Yahoo!, Gmail, Hotmail or others) is prohibited. The employees shall ensure these necessary conditions while sending an e-mail: The e-mail messages sent, received, or transmitted using e-mail is provided by the company are the property of the company, and the employees have no reasonable expectation of privacy. The company reserves the right to monitor, inspect, copy, review, store, edit, and delete any and all e-mails transmitted via the company’s e-mail system. Any content created, downloaded, or uploaded through the company’s e-mail system is liable to be under company’s scrutiny.

he cost associated with running Essay Example for Free

he cost associated with running Essay Candidates should be limited on the amount of money they can spend during a campaign. The cost associated with running for public office is expensive, especially in the case of large national scale elections, but also in smaller local ones. The money factor discourages regular middle class individuals from running for office, often leaving the ballot seriously one sided. If spending limits were placed on campaigns, our government could represent the views and issues of the majority of Americans, rather than only those of the wealthy. Further, if candidates are given a spending limit, they are less likely to take money from supporters who will benefit or profit from a particular view. Candidates then are more likely to make choices based on the good of the community, state, or country, rather than what will bring in the most money. Although mandatory voting could produce both positive and negative outcomes, voting should be a requirement of all Americans. On one hand, forcing people who do not support any of the candidates on the ballot might lead to careless voting. Those citizens who have no knowledge of the people who are running or no interest in voting at all will most likely cast their votes simply to uphold the law. On the other hand however, if all people are required to vote, and they do so in an educated manner, the government could represent all people of our country, rather than only those who choose to vote. Additionally, if Americans are forced to vote, candidates will spend less money campaigning. The months leading up to election become a time of voicing views rather than persuading people to vote in the first place. The decreased spending will, once again, ease the chances of a candidate taking a particular stance on an issue due to the influence of those who donate to their campaign. Texas should not hold partisan elections whereby candidates run as a member of a given political party. In these elections, voters are more likely to vote based upon the party that they support in substitution to the views held by the candidate. In a state that is populated by a majority of Republicans such as Texas, a partisan election would limit the amount of Democratic candidates elected to office, resulting in a severely unbalanced government. Suddenly every public office would be held by a Republican. The only real race in a partisan election would be which Republican to vote for. Furthermore, a non partisan election calls attention to the views of the candidate on an individual level, rather than on the views of the political party to which they belong. Those who do not join parties, or who take a stance that is not supported by any party, are more likely to run for office in a non partisan election. These non partisan elections make holding an office more accessible to a wide variety of candidates, instead of only people who share similar views of Republicans or Democrats.

The Revolution in Russia Essay -- Russian Russia History

The Revolution in Russia In the last years of World War I a Revolution in Russia overthrew the Tsar and eventually led to the establishment of the world's first avowedly Communist state. The Soviet Union that rose out of the ashes of the Russian Empire would play a critical role in the events of the remainder of the century. A useful way of understanding the course of the Russian Revolution in 1917 is to compare it to a wildfire. In this metaphor, the instability of late Imperial Russia and the deep dissatisfaction of large segments of its population provided plentiful fuel for the fire that was sparked by the disastrous course of the First World War. Although the vast majority of the population was initially cheered when the Imperial government went up in flames, moderates soon began to worry that they too would be consumed if the blaze was allowed to spread. Their caution backfired, however, as they gradually lost the respect and trust of the population. As their authority broke down, the inferno spread out of control, benefiting radicals willing to go along with the growing anarchy and support the demands of the people. The militant Bolshevik Party was the group best able to ride the firestorm into power, which they seized in the famous October Revolution. They went along with the revolution until it burned itself out, and were then able to consolidate their position as the absolute rulers of the country. Dead Wood Despite being one of the world's largest, most powerful and most feared nations, late Imperial Russia rested on unstable foundations. The peasantry, the industrial workers and progressives were all deeply dissatisfied. Moreover, they had little hope of improving their situation through peaceful means. ... ...206. 12 Figes, People's Tragedy, 360. 13 Ibid., 430. 14 This phrase is often attributed to either Lenin or his associate Leon Trotsky. 15 1917 god v derevne Vospominaniia krestian (Moscow, 1967), 3 16 Except for a temporary decline during the harvest period. See Lazar Volin, A Century of Russian Agriculture: From Alexander II to Khrushev (Cambridge: Harvard University Press, 1970), 125. 17 1917 god v derevne, 3 18 Ibid., 4. 19 Figes, People's Tragedy, 433-434. 20 N. N. Sukhanov, The Russian Revolution, ed. Joel Carmichael (Princeton: Princeton University Press, 1984), 470. 21 See David Schaich, The Bolsheviks, the Masses, and October for further discussion. 22 History of the Communist Party of the Soviet Union (Moscow: Foreign Languages Publishing House, 1960), 260-261. 23 See David Schaich, The Bolsheviks, the Masses, and October for further discussion.

Europe Africa And The Americas In 1492 To 1750 Essay

Throughout history, many changes have happened throughout the world. These changes shaped the world to be what is it was and also lead to other changes. For example, advances in technology, such as the creation of the magnetic compass, drastically changed exploration. However, these changes these changes did not occur without continuities. Take the bow for example, whether being used to hunt, wield in battled, or just to showcase skill, man has been using the bow for decades since the first bows were crafted. The years of 1492 to 1750 was a period of great change in Western Europe, Africa, and the Americas that resulted in changes in economy, like the introductions of new trade routes, along with changes in society such as changes in demography, which were especially relevant in the Americas. With all of these changes also existed continuities such as, in terms of economic continuities, the rich were still employing slave labor in order to produce materials for trade and desire of th e Spanish to convert people to Christianity in regards to social remained. In the years of 1492 through 1750, many questionable choices and things occurred due to the use of new trade routes that both furthered and damaged the economy in different regions of the world, mainly Western Europe. The triangle trade was one of the most notable of these trade routes considering that it lead to so many things that affected the world because it was a trade route that connected Europe to Africa to the Americas. This trade route would be a major cause of economic change on the world because of its use to trade slaves, raw material produced in the Americas by those slaves, and along with silver from the mines of the Americas which were shipped to Western Europe. The silver at first was an undeniable positive for Western Europe much like the export of raw materials from the colonies in the Americas. This export of materials was a great advantage to the mother countries because it means the mother countries could dedicate their land and time to other issues. Furthermore this leaves having to import theses raw materials from other countries thus giving the other counties more money which in turn gives them more power, having to pay taxes to trade route controllers, and it cuts out and political disputes that had a chance of occurring. The trade of silver on the other hand was far more controversial. At first it was a big boom to Spain’s economy because of how valued silver was at this time. However, that all changed when the value of silver drastically dropped due to inflation. This caused Spain economic problems because it gave them a false sense of security when they spent money fighting too many wars, money that they would no longer have. Both of the silver and raw material shipped to Western Europe from the America was mined and produced by slaves sold by Africa to the Europeans which lead to growth in Africa’s economy but a drop in its population and the way of life of Africans. Along with the arrival of the Europeans on the Americas, the trade of these slaves itself, caused changes in Europe, Africa, and the Americas. Of course Europe benefited economically but more prevalently was its effect on the demography of both the Americas and Africa. The America’s culture and population were two main effects of the trade of slaves. With the decreasing population and life expectancy of the natives of the Americas thanks to the diseases brought by the Europeans because they had no immunity, the trade of slaves slowed the rate a small amount because coming from Africa they already have some immunity to disease. The African slaves crossbred with the Europeans as well as the natives which led to the diversification of the population. This introduced creoles and mestizos social classes caused differences in the social ladder with europeos at the top, under them were the creoles, below the were the mestizos, next the Native Americans, then the free blacks, and the slaves at the bottom. In Africa the way of life and population was drastically changed due to slave trappers and traders. Families were ripped apart and the population was decreasing as Africans were being sold as slaves to the Europeans Slavery traces as far back as Ancient Greece and as continued all the way up to, and through the years of 1492 and 1750. They were still used for chores and for hard labor because they were cheap and replaceable. Rights and conditions of the slaves also did not change; they had no freedom, no rights, and no say, because they were still considered property by the Spanish and Portuguese. The Spanish and Portuguese bought and used slaves in fields and mines of the Americas with the majority of the slaves going to  Brazil, a Portuguese colony. They used slaves rather than hiring workers or doing the work themselves because for the same reason the Ancient Greek did it; it was cheap, easy, and they were replaceable. Slave labor continued throughout these years and even continued on past the year 1750. Another continuity of the years of 1492 and 1750 was the Spanish’s desire to convert the â€Å"barbaric† natives of the Americas to â€Å"proper† men of the Christian Faith. Some welcomed Christianity while some rejected it due to their comfort and contentment with their own religion and beliefs. The natives had previously practiced a polytheistic with human sacrifices, cannibalism, and rituals which was savage and barbaric to the Spanish. This caused the Spanish to forcibly convert the natives to Christianity with disregard of what the natives wanted. This was done by taking people including children from the Americas away and teaching them the ways of Christianity and sending them back to spread those ideas to others. The years of 1492 to 1750 held some big changes economically and socially to Western Europe, Africa, and the Americas. Economically, all three benefited excluding Western Europe when the inflation of silver hit. Socially, the demography of Africa was altered and the Americas drastically. Yet, not everything changed during this time period. Much of history remained constant during the period too. This included the use of slave labor in regards to economics and the Spanish desire to spread Christianity throughout the world.

Evaluate strategies which may be used by businesses Essay

Evaluate strategies which may be used by businesses and governments to improve the competitiveness of a country’s goods and services. Competitiveness is the ability of a firm or a nation to offer goods and services that meet the quality standards of the local people and world markets at prices that are competitive and provide adequate returns on the resources employed or consumed in producing them. Governments have an important role for improving the competitiveness of their country’s goods and services. Governments are able to change regulations and taxes according to what they believe about their country’s state of economy. For example, a government may decide to decrease the corporation tax in order to improve the competitiveness of a country’s goods and services. A decrease in the corporation tax will encourage new firms to set up and existing firms to invest. Corporation tax is a levy placed on the profit of a firm with different rates used for different levels or profits. They are taxes against profits earned by businesses during a given taxable period. If there is a decrease in the corporation tax, it means that firms will have an increased retained profit since less money goes to the government revenue. This will allow firms to use this money to improve competitiveness. More spending on investment will be possible which will increase productivity. If the firms invest on capital goods such as machinery that will benefit the firm by producing at lower cost, then the firm might able to set lower prices in order to improve price-competitiveness. For example the UK government reduced the headline corporation tax rate from 30% to 28% in 2007 Budget. Reducing corporation tax increased the retained profits for UK firms that can plough back into investment projects. This should help to boost the UK capital stock. It should also help the UK to keep attracting foreign direct investment which improves the competitiveness furthermore since British firms may gain from the advanced technology and innovation of foreign multinationals. (Technology transfer) However, if the government decreases corporation tax, there might be some firms that decide to save the retained profits instead of spending on investment. This might be because there is a period of recession and firms might find it risky to invest. In addition many firms have chosen not to reinvest as they have been more concerned with making short term profits rather than investing in the future. If firms choose to save rather than invest their retained profits, a decrease in the corporation tax wouldn’t improve competitiveness. Another measure to improve competitiveness is to increase government spending on education and training. If the government can improve the quality of teaching in schools and universities and encourage more people to go to university, then this should lead to increase in productivity of the workforce in the future. Greater productivity will lead to greater efficiency in firms which will in turn lead to lower average costs of production. This may improve the price competitiveness of UK goods and services. In addition it would improve the non price competitiveness since a more educated workforce is likely to be able to be more creative and innovative. Greater innovation should lead to better quality products and the creation of patents, copyrights, brands etc. However, increased spending on education and training by the government does not always lead to increased global competitiveness. It will depend greatly on exactly how the money is spent. For example expenditure for improving school buildings or Ofsted inspections may not necessarily improve the effectiveness of the teachers and the quality of education. On the other hand spending on training teachers and advancing their professional development, might be a more effective means of improving educational standards in the future and increasing productivity. However even in this case the effects are not likely materialise until the longer term. Another way in which the government can improve the non price competitiveness and price competitiveness in international markets is to encourage innovation and research. Tax allowances have been made available to businesses spending on innovation and research. However, there has also been a variety of programmes which enable some businesses to gain grants for research and development R & D and to set up knowledge transfer networks and universities. Such measures are likely to be more successful than tax cats since firms are given incentives to research and development through receiving tax concessions and from making connection to universities where they have the opportunity to learn about the latest scientific and technological advancements. On the other hand businesses, are able to introduce a variety of measures to improve the competitiveness of the goods and services. These include increasing the level of investment on new technology, on staff training, on ICT, etc . One way by which businesses might improve the competitiveness of their goods or services is by increasing the spending on R & D. By increasing the spending on R & D, businesses will most probably benefit from product and process innovation. If a business manages to create a unique and different product than the rest products in the market, it would be able to compete much more easily since consumers will prefer to buy the most innovated and technological updated products. For example Steve Job’s firm, Apple spent $758 million on R&D during the first fiscal quarter of 2012. If we take Apple as an example which is one of the most profitable companies, we clearly see that it has benefited from the heavy spending on R & D. It has come up with products such as the iPhone where the sales reached the number of 98,144,000 in the first three quadrants of 2012. However, some businesses prefer not to spend on R & D because they do not think about the longer term. Also there are other firms that fail to spend on R & D. For example the procedure of R & D may result in no innovative products or procedures that will improve competitiveness and therefore. Another way, by which businesses might improve competitiveness, is by improving productivity. Productivity is the output per worker. There are different ways by which productivity can be improved. For example if the firms increase the wages, workers might be motivated to work harder. Also, training can improve the knowledge and skills of staff. Improved recruitment and selection may have the same effect which will increase productivity in the short term. If the business increases spending on training, workers will be more educated and informed about their job. This will increase the productivity since they will be able to produce more output at the same working hours and wages. If the productivity is increased, it means that more output will be produced at relatively the same costs. This will allow the firm to get bigger in size, lower the running and operational costs, increase income and gain a greater share of the market. This will increase both price and non-price competitiveness. However productivity doesn’t always improve competitiveness. For example if training isn’t done effectively, and workers do not give attention or really care about the job, then they won’t improve their knowledge and skills, training will not improve productivity, and therefore productivity will not improve competitiveness. In addition, productivity might not improve competitiveness because in the case of increasing the wages in relation of the output the worker producers, there are workers that wouldn’t be motivated by an increase in their salary and therefore will not produce a greater output. Productivity can be used as a measure to improve competitiveness only if it is used correctly and it can increase both price and non-price competitiveness. It can improve price competitiveness by allowing the businesses to set lower prices and improve non-price competitiveness by expanding as a firm and increasing its popularity.

The Vietnam War (1955-1975) essayEssay Writing Service

The Vietnam War (1955-1975) essayEssay Writing Service The Vietnam War (1955-1975) essay The Vietnam War (1955-1975) essayThe Vietnam War is considered to be one of the most important events in the history of the United States. This event influenced the lives of millions of Americans because many citizens of the United States were enrolled in the army. According to statistical data, â€Å"Hundreds of thousands of U.S. soldiers were wounded and traumatized, and tens of thousands lost their lives† (Friedrichs 131). The war began in 1955 and ended in 1975. This historical period was the era of the Cold War, which was characterized by a lot of tension between the United States and Soviet Union. The Vietnam War took place in Vietnam, and was extended in Laos and Cambodia.The Vietnam War is also known as Vietnam Conflict and Second Indochina War. It was a prolonged struggle between nationalists aimed at unifying the territories of South and North Vietnam under a communist government and the United States with the South Vietnamese assistance aimed at preventing the sprea d of communism (Friedrichs 131). North Vietnam was backed by the People’s Republic of China, while South Vietnam was backed by the United States and defiant communist allies. American involvement in the Vietnam War can be explained as a way to prevent a communist takeover not only of South Vietnam, but also other countries.   In other words, the U.S. strategy was aimed at preventing the further spread of communism across the world (Friedrichs 131). The leaders of North Vietnam and the Viet Cong wanted to reunify Vietnam under communist government. As a result, they considered the military conflict as an example of the colonial war, which was fought initially against France, then against the United States as France was backed by the U.S.A. and, finally, against South Vietnam, which was the U.S. puppet state (Bostdorff    Goldzwig 520). According to Morena Groll, â€Å"it was the longest military conflict, which on top of everything ended in defeat for the Americans† (2). The United States was engaged in a war that many military and political experts analyzed as unnecessary war because of having no way to win. The U.S. political leaders lost the national support for the war because the U.S. citizens were against the war actions in Vietnam. Since the end of the Vietnam War, this event has become a benchmark for the U.S. leaders signifying what they should not do in all future U.S. foreign conflicts. According to researchers, â€Å"wartime disagreements about foreign policy persisted in the postwar period as Americans debated the proper ‘lessons’ of the war†(Hagopian 23).Thesis statement: Although the Vietnam War caused by the U.S. desire to stop the spread of communism had negative consequences on Americans, including social, economic and political consequences, this event helped to shape Modern World History.The Vietnam War: background informationThe Vietnam War has been widely discussed in the media and academic sources. In order to assess the role of the Vietnam War in shaping the Modern World History, it is necessary to refer to the causes, consequences and solutions to the military conflict. Special attention should be paid to the U.S. President’s policy. According to Denise M. Bostdorff   and Steven Goldzwig, â€Å"Kennedy’s rhetoric on Vietnam serves as an exemplar of how presidents balance idealistic arguments, which apply principles of genus to public problem-solving, and pragmatic arguments, which emphasize the efficacy or practicality of politics† (515). The idealistic appeals of President Kennedy provided legitimate support to his Vietnam policy, representing him as a â€Å"principled leader† (Bostdorff   Goldzwig 515). In other words, the U.S. President’s appeals helped him to avoid criticism of his foreign policy and explain the causes of slow progress.The major causes of the warNorth Vietnam was under the communist government and South Vietnam wasnt. Ho Chi Minh, the leader of the North Vietnam, wanted to spread communism in the whole Vietnam, uniting North Vietnam and South Vietnam. The leaders of the South Vietnam opposed the spread of communism. The United States took the side of South Vietnam, bringing the war in a different level (Hagopian 73). Thus, the major causes of the Vietnam War include three causes:To stop the spread of communism in Vietnam;As the French soldiers pulled out of war for a number of reasons, the U.S. was ready to take their place in the military conflict;The U.S. foreign policy was based on providing support to friend countries.There were several players in the Vietnam War: South Vietnam, North Vietnam, the USA, South Korea, People’s Republic of China, Russia.The major consequences of the warThe Vietnam War had an enormous impact on the life of Americans, including various spheres of public and private life. The consequences of the military conflict contributed to considerable changes in the U. S. foreign policy. Although the United States is considered to be the world’s greatest superpower, there are some negative effects of the U.S. President’s decision regarding the solutions to the Vietnam conflict. According to researchers, the United States â€Å"had entered Vietnam as a powerful, united nation certain of its cause and of victory† (Wiest 83). The defeat in the Vietnam War made millions of Americans reconsider and reassess the established beliefs and values. Besides the above mentioned facts, the country was left battered and depressed because of the uncertainty in the future policy, especially in the face of the complex challenges caused by the Cold War (Wiest 83).  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Moreover, the Vietnam War shaped the relations between the role of the political opinion of the public and the politics that was influenced by the media functioning during the military conflict in Vietnam. The legacy of the Vietnam War can be assessed by means of the statistical data, which affected the public opinion regarding the war. According to statistical data, â€Å"during the war in Vietnam the French lost some 76,000 dead and 65,000 wounded – while their allies lost 19,000 dead and 13,000 wounded, while American forces lost some 58,000 dead and over 300,000 wounded† (Wiest 83). The U.S. foreign policy was criticized during the war.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In addition, many historians, politicians and journalists indicted the established government policy, providing radically different opinions regarding the major causes of war and its consequences. The most popular journalists and historians were Bernard Fall, Robert Shaplen, John Lewis, George McT. Kahin and others. They provided severe criticism of the war’s efficiency (Marolda 767). The American movement against the Vietnam War promoted anti-war ideas and encouraged Americans to protest against American involvement in this military conflict. This movement influenced the decisions of Johnson’s administration, leading to the policy reversal in 1968. According to researchers, â€Å"during the Nixon administration, it hastened the U.S. troops withdrawals, continued to restrain the war, fed the deterioration in the U.S. troop morale and discipline† (Marolda 758).The major solutions to the warThe major solutions to the war are based on the fact that the Vietnam War was the most significant military conflict of the 20-th century. Although the war in Vietnam was rather small as it involved limited action of the United States, the â€Å"9 years of official American involvement in the war over 2 million Vietnamese and 58, 219 Americans lost their lives† (Wiest 5).In addition, the key military operations during the war were influenced by the relationships between the military and the civilians. Vietnam was the center of Cold War strategy. Different operations conducted during the Vietn am War were related to the tactics of the limited war. This strategy was criticized by the leaders of civilian society. There were limits set on the spread of the military conflict in Vietnam. Although the senior members of the U.S. military forces recommended expanding the scope of the military conflict, the U.S. presidents and their administrations opposed the expansion of freedom of action. Both the U.S. President John F. Kennedy and President Lyndon Johnson used democratic solutions to the war (Hagopian 24).The importance of the event in Modern World HistoryThe Vietnam War plays an important role in Modern World History. This event has changed the minds of millions of people regarding the perception of war and the role of the U.S. involvement in the military conflict. According to researchers, â€Å"the Vietnam War and its perception were unprecedented in their entire dimension,† because of the considerable social and political changes that occurred during the military co nflict (Groll 2). More specifically, there were changes in the media perception due to the emergence of television as an effective tool of political thought and political socialization. During this period, television expanded and turned into the most influential source of information for all people. Television offered massive opportunities for the U.S. leaders, including the war coverage and the public perception. The Canadian philosopher of communication theory, Marshall McLuhan, states that â€Å"television brought the brutality of war into the comfort of the living room. Vietnam was lost in the living rooms of America – not on the battlefields of Vietnam†(qtd. in Groll 2).In fact, the Vietnam War is considered to be one of the most disliked wars in the history of United States. According to researchers, â€Å"the cost of this war was the death of 60 thousands Americans and 2 to 4 million Vietnamese deaths† (Rahman Marjan 23).   The considerable changes in the development of journalism during the period of Vietnam War led to the changed public perception of the war. According to researchers, â€Å"the story of Vietnam and how pictures of bloody fights, American casualties, and killed Vietnamese civilians turned around American public opinion and, eventually, led to the withdrawal of American troops, has become a classic† (Rahman Marjan 23). The majority of reporters provided cynical representation of the war. As a result, the mass media produced confusion among the U.S. citizens because people began to express political distrust to the government (Rahman Marjan 24).The Vietnam War (1955-1975) essay part 2

Financial Statement Analysis Report Assignment Example | Topics and Well Written Essays - 1000 words

Financial Statement Analysis Report - Assignment Example The preparation of financial statement analysis requires financial ratios, accounting data from financial statements. The ratio assists in measuring strengths and weaknesses of the firm and allows trends and comparisons with other firms within the industry to be identified. It also covers the areas of liquidity, operating profits, financing and stockholders' return on investments (Collier, Grai, Haslitt, McGowan, 2004). In the condition given, Track Events Ltd. is owned by a local independent ticket agent who sells tickets for sporting events, and that is why he needs to analyse his financial accounts in order to determine boost in sales and to make sure that his business is not suffering from insolvency. Total revenue from commissions and profitability has varied widely over the last year. Revenue from commissions peaked over ?1,073,000 in 2010 and dropped to ?1,053,000 in 2011. This may be due to decrease in the demand for the tickets being sold. Assessing the profitability of Trac k Events Ltd. is very significant in order to determine future business plans. These profitability ratios indicate the increase in the profitability of current operations of the business. Operating profit margin helps to provide useful information for investors when examining the trend for determination of the company’s quality. It has risen from 9% in 2010 to 28% in 2011. This shows that the company’s management has succeeded in generating income from the business operations. This increase is due to revenues from commissions increasing faster than the expenses of the business. Furthermore, the net profit margin which shows the earning capacity of business has gradually increased over the year from 5% to 29%. This is a clear indication of the company being considered as more stable and profitable, after payment of all taxes and expenses. Possible reasons of this are the reduction in operating expenses and increase in sales. Return on Total Assets is a measure of net pr ofit earned against the use of total assets. It has increased considerably from 2% to 14% over the year. This means that Track Events Ltd. is able to make use of its assets efficiently thereby increasing its profits. Decrease in the staff costs as a percentage of commissions earned from 62.5% to 48.7% informs that the company is able to keep more fraction of the commission after paying its staff costs as less staff costs per pound of commission earned is being paid. This drastic fall in salaries may either be due to reduction in salaries or laying off workers thereby increased productivity and reduced costs. Besides this, the evaluation in 2011 relative to the previous year concludes that the liquidity has increased, with the current ratio increasing over the year. This indicates that the position of the firm has improved and the firm is liquid enough to repay its debts. This significant increase may have been due to the increase in current assets by conversion of non-current assets into current assets, by borrowing or ploughing back profits. In addition, the decrease in current liabilities by paying off debts may also have caused this increase. The interest coverage of Track Events Ltd. has increased from 4% to 10%. This notifies that the debt burden of the company is lower and bankruptcy or default is less likely to be possible. This is due to the fact that this year Track Events made huge profits due to a radical increase in its incomes and a reduction in its expenses. Moreover, the

Discussion Questions Assignment Example | Topics and Well Written Essays - 500 words - 5

Discussion Questions - Assignment Example The first step in the selection process is the generation of a master jury list. Rules of membership of a jury are common in most states and include citizenship, majority age, sound health, and freedom from a felony charge. The clerk then selects part of the list, based on the rules, into the Venire and notifies the selected individuals to appear before the court. Some of the potential jurors may however not be summoned. The last step in the selection is the scrutiny of the proposed jurors for competence and lack of conflict of interest into bias. The stage is called Voir Dire (Gaines and Miller 326, 327). The decision on whether to charge an accused or not, and which charges to make, remains at the discretion of the prosecutor. The prosecutor may however consider existence of probable cause and the possibility of arguing a case beyond reasonable doubt as legitimate reasons for the decision to charge or not, and for the charge to make (Gaines and Miller 287, 288). Weight of evidence defines the degree to which evidence offered in a trial process is valid and convincing. Strong weight of evidence implies a strong argument while a weak weight of evidence implies evidence and arguments that leaves doubt. Weight of evidence is used in a criminal trial to inform juror’s decisions based on the doctrine of proof beyond reasonable doubt. A strong weight of evidence informs the jury high chances of decision for the argument towards a guilty charge. The jury, however, sometimes decides against weight of evidence (Erastus-Obilo 137). Circumstantial evidence is indirect evidence to a case at trial. The evidence may be used to establish likelihood of occurrence of an element of crime in order to support an claim but not to prove a fact. The type of evidence may also be used in a criminal trial, together with other substantial evidence, to establish a fact to the case (Gaines and Miller 334). I believe that the