Telecom Services Providers Industry in UK

Presentation The telecom business in UK gives data and correspondence administrations, for example, voice and information conveyance. The business has acknowledged huge development over the most recent three decades and is right now at its development stage (Streel, 2010, pp. 210-260). The business is totally deregulated following the usage of the 2003 Communication Act. Thusly, numerous organizations have joined the business in this way expanding competition.Advertising We will compose a custom report test on Telecom Services Providers Industry in UK explicitly for you for just $16.05 $11/page Learn More The consistent development in the business is credited to progression in innovation which encourages item and procedure advancement (Hsuan and Mahnke, 2011, pp. 154-165). The development is likewise ascribed to appeal for cell phone and information administrations. This paper investigates the telecom business in UK. The seriousness of the market and the impact of the macroeconomic c ondition on the presentation of the business will be lit up. Current Industry Overview Top Ten Firms in the Industry The ongoing deregulation of the business has prompted disposal of the greater part of the section hindrances. Plus, headway in data and correspondence innovation has prompted the improvement of new items, for example, online TV administrations. This has come about in to popularity in the business along these lines inciting more firms to go along with it. As of now, the accompanying firms are the market chiefs in the business. The best ten firms incorporate, Vodafone, Orange, T-Mobile, British Telecom, Gamma, O2, Avaya, Vodat Telecoms, Cable and Wireless and Analysys (Cadman and Helen, 2010, pp. 320-364). Current Market Conditions The market is portrayed by extreme rivalry particularly in the versatile and broadband fragments. This has prompted a huge fall in purchaser costs (Michael and Hong, 2010, pp. 137-165). Be that as it may, development is required to quicken be cause of interests in cutting edge advancements and a consistently expanding interest for information and cell phone administrations. Since the market is at its development stage, most firms are combining their pieces of the overall industry through mergers and expansion of items. Intensity and Market Share The business is portrayed by high rivalry in all fragments. The pieces of the pie of firms giving cell phone administrations are as per the following. O2 orders 26% of the market, Vodafone’s piece of the overall industry is 24%, Orange’s piece of the overall industry is 21%, trailed by T-Mobile with 17% and the rest is shared by little administrators (Rohrbeck, 2011, pp. 420-430).Advertising Looking for report on correspondences media? How about we check whether we can support you! Get your first paper with 15% OFF Learn More Market shares for the main five firms in the broadband portion are as per the following. English Telecom leads with 62.5%, NTL/Telewire is sec ond with 16.7%, TalkTalk is third with 10%, Homecall orders 2.5%, Sky Talk orders 2.1% and the rest is shared by little firms (Rohrbeck, 2011, pp. 420-430). English Telecom is the primary supplier of fixed wire call administrations. Focus Rations The cell phone fragment has the most noteworthy convergence of 89% since it has just four firms (Rohrbeck, 2011, pp. 420-430). The network access section has the most reduced grouping of 700 firms. Financial Conditions The business keeps on recording strong development regardless of the high rivalry. In the last quarter of 2010 income developed by 2% over all organizations (Trath and Pitt, 2010, pp. 213-261). The business is relied upon to acknowledge $ 376 billion in income between the 2010 and 2015 (Trath and Pitt, 2010, pp. 213-261). The versatile portion is required to record the most noteworthy development of 12.7% somewhere in the range of 2010 and 2015 (Trath and Pitt, 2010, pp. 213-261). Interest for fixed line telephones keeps on d eclining as shoppers move their use to cell phone administrations. Inner Industry Analysis Threat of New Entrants The media transmission industry in UK is related with an elevated level of item separation because of headways in innovation. The officeholder firms can appreciate economies of scale through venture into new markets (Michael and Hong, 2010, pp. 137-165). Be that as it may, high capital prerequisite keeps firms from joining the business. Furthermore, exchanging cost in the business is exceptionally high. These patterns show that the danger of new participants is low in the business (Mankiw, 2008, p. 89). Dealing Power of the Buyer The purchasers (media transmission firms) have a low bartering power in the business because of the accompanying reasons. To start with, the convergence of purchasers is low particularly in the network access suppliers fragment (Michael and Hong, 2010, pp. 137-165).Advertising We will compose a custom report test on Telecom Services Providers In dustry in UK explicitly for you for just $16.05 $11/page Learn More Second, the results of the providers are profoundly separated since they are ordinarily customized for every purchaser (Rohrbeck, 2011, pp. 420-430). Also, the exchanging costs are extremely high. The low bartering intensity of the purchasers implies that they can be abused by their providers through significant expenses of provisions (Frank, 2009, p. 65). Bartering Power of the Suppliers The providers have a high haggling power because of the accompanying reasons. In the first place, there are not many providers when contrasted with the current purchasers (media transmission firms). This implies there is high rivalry for provisions. Second, there is low accessibility of substitute supplies (Trath and Pitt, 2010, pp. 213-261). For instance, organizing links and hardware have no substitutes. At long last, the suppliers’ items are exceptionally separated. The providers in this way have a high haggling power sin ce the purchasers exceptionally rely upon them (Blanchard, 2010, p. 67). Danger of Substitutes The danger ascribed to substitute items is extremely low in the business. Postal administrations are the fundamental substitutes to media transmission administrations. Be that as it may, postal administrations are having little separation (Michael and Hong, 2010, pp. 137-165). Their costs are additionally on the ascent because of the expansion in transportation costs as the cost of oil rises. Along these lines shoppers incline toward media transmission benefits that are separated and modest to utilize (Hollensen, 2010, p. 84)). Power of Competitive Rivalry The business is related with extreme rivalry in all portions because of the accompanying reasons. To begin with, aside from the cell phone fragment, every other section have a lot of contenders (Michael and Hong, 2010, pp. 137-165). Second, the business is encountering a moderate development rate since it has just arrived at its developm ent stage. Third, the business is work escalated along these lines the fixed expenses are high. The organizations recruit numerous workers to take care of their clients at different call places. Thusly, rivalry gets extreme as firms battle to bring down expenses and hold their pieces of the overall industry (Gary, Harker, Kottler, 2009, p. 89)Advertising Searching for report on interchanges media? We should check whether we can support you! Get your first paper with 15% OFF Find out More Correlative Products The occupant firms can accomplish high development because of the accessibility of modest corresponding items. With headway in innovation, the expense of cell phones and PCs has fundamentally decreased. Right now, the cell phone entrance rate in UK is 86% while 90% of family units have PCs (Trath and Pitt, 2010, pp. 213-261). This prompts appeal for call administrations and internet providers (Roger, 2010, p. 35). Outer Macro Industry Analysis Political UK is one of the most politically stable nations in the Euro-zone. The administration of UK has set up solid political binds with most nations in Europe, America and Asia. At the national level, the solid political solidness advances monetary exercises since the speculators are guaranteed of the security of their ventures. In addition, political dependability advances fast monetary development which converts into popularity in the telecom business. At the global level solid political binds with outside nations has prompted the section of remote firms in the business. For instance, Fujitsu from Japan has joined the business (Vitorovich, 2011, p. 1). This has added to the high rivalry in the business (Cadman and Helen, 2010, pp. 320-364). Moreover, the outside firms have animated development in the business as firms battle to bring down expenses so as to improve their intensity. Monetary and Financial The economy of UK has since recuperated from the impacts of the 2008/2009 downturn. In 2010, UK’s GDP developed by 1.7% and is relied upon to develop by 2.4% and 2.7% in 2011 and 2012 individually (Global Economic Weekly, 2010). The swelling rate in UK was 3.2% in 2010 (Global Economic Weekly, 2010). Presently, the swelling rate is 2.7% and is relied upon to decay further to 1.8% in 2012 (Global Economic Weekly, 2010). The expansion in GDP is relied upon to convert into high extra cash among the residents. This will prompt popularity for media transmission administrations. The decrease in expansion will diminish the costs of media transmission benefits along these lines expanding their interest. Along these lines, the strong monetary development in UK will convert into high development in its telecom industry. Social Cultural Environment UK is related with the way of life of commercialization. Moreover, the rich populace has high inclination for excellent items. This has come about into an appeal for advanced mobile phones in the nation (Rohrbeck, 2011, pp. 420-430). In this way most firms in the telecom business are concentrating on development and item separation so as to meet customers’ desire concerning item quality (Cambini and Jiang, 2010, pp. 559-574). The purchasers are likewise extremely touchy to costs (Charles, 2011). This has prompted significant expense versatility for most items particularly internet providers. Innovation UK has a culture of creating advances that change the ways of life o

Mean-Variance Analysis Essay Example | Topics and Well Written Essays - 1500 words

Mean-Variance Analysis - Essay Example The down to earth uses of portfolio hypothesis have large amounts of various fragments of business and fund. This report looks to clarify the standards of enhancement, and talk about some reasonable uses of portfolio hypothesis in business and account. Chapter by chapter list Executive Summary 2 Table of Contents 3 Introduction 4 Principles of Diversification 4 Application of Portfolio Theory Mutual Funds 5 Application of Portfolio Theory Capital Allocation 7 Application of Portfolio Theory to Product Portfolio Decisions 8 Recommendations 10 Conclusion 10 References 11 Introduction Diversification is the reason that underlies portfolio hypothesis (Markus, 2008). A portfolio is a mix of advantages with a bound together hazard and return esteem desire. Differentiated portfolios guarantee that loses are limited on the off chance that they happen (Hill, 2010). Mean-difference examination decides the reasonability of a speculation portfolio through the investigation of the portfolio hazar d. The hypothesis depends on the utilization of portfolio’s change by contrasting how resources in the portfolio differ with respect to one another (Diether, 2010). Mean-change investigation for a differentiated portfolio gauges the portfolio’s productivity. The most proficient portfolio has the most elevated anticipated return for a specific standard deviation. Mean-change investigation application in business and account helps in settling on the ideal choices about the peril of a portfolio. This report looks to exhibit the pragmatic uses of mean-difference examination in portfolio hypothesis. Standards of Diversification One of the standards of expansion is the conviction that the portfolio, in general, is a higher priority than the individual resources (Sumnicht, 2008). Also, financial specialists are chance opposed, and hence will just put resources into those portfolios which they conviction will be enough comparable to their profits. Venture ought to be as long a s possible, most likely as long as ten years into the future (Sumnicht, 2008). Broadening presumes that business sectors are productive, and won't have any unexpected interruptions. At last, each hazard level bears its own special ideal allotment concerning resource class at which the portfolio bears most extreme returns. Utilization of Portfolio Theory Mutual Funds Mutual assets are effectively overseen venture alternatives in which financial specialists pay speculation organizations to put their cash in stocks and pay an arrival on the equivalent. The money related experts at the shared store organizations utilize portfolio hypothesis in figuring dangers on their clients’ portfolios. The portfolio hypothesis offers a hearty and far reaching model on which to figure hazard and settle on sound speculation choices from the outcomes (Sumnicht, 2008). In any case, shared finances offer a one of a kind test to the viability of the portfolio hypothesis in that the last return face s critical bends because of high charges, concealed costs, eccentric assessments, and unsure stock ventures (Rutner, 2004). A significant piece of the cutting edge portfolio hypothesis is the boondocks bend. The boondocks bend plots hazard and return (FundsMover, 2012). As per the portfolio hypothesis, the assets that lie on the bend structure the most extreme yield potential for a given degree of hazard, estimated as standard deviation. The bend levels as the arrival rises. The pace of return per hazard diminishes, and sooner or later the measure of hazard a financial specialist uncovered himself/herself to increments impressively for a slight increment in the arrival. The standard deviation demonstrates the instability of the shared reserve.

Integrated Sustainable Design In Quadrant †MyAssignmenthelp.com

Question: Examine about the Integrated Sustainable Design In Quadrant. Answer: Presentation A coordinated methodology that involves investigating different parameters in a set up framework utilizing the four-quadrant technique to be specific: individual involvement with (the primary quadrant); execution in the subsequent quadrant; System setting in the third quadrant and finally, social qualities in the last quadrant. The slides give a topical conversation where different parameters in every theme are tended to compactly utilizing the referenced mapping methodology. Sustainable power source Sustainable power source advances are greatly discussed nowadays. Maybe because of the way that it so a basic issue that no structure configuration would wish it away. Precise methodology gives a way to successfully utilize the most productive renewables: Progressively basic ones are sun based and wind innovations Reasonable for such abodes as degree of profitability Requires legitimate administration to saddle the advantages Supports different administrations like water flexibly that require fueling subsequently a determinant for the creation and upkeep of a maintainable situation Water frameworks In a general sense, paying little heed to the source, must guarantee that there is productive use as such factors as vitality use may rely upon it To guarantee a manageable parity in the utilization and waste water, infer the day by day utilization system Elective wellsprings of water gracefully a section from the nearby committee, could be from water and underground water Tempest water and sewerage the board must help economical water utilize and reuse Additionally squander water particularly from wet zones should viably be recuperated subsequently treatment plants to be suited inside the premises Solace and low vitality molding frameworks This is accomplished by joining the fringe standards; inward parlors, the u-molded arrangement; particular scenes, for example, the storm cellar stopping region among others Open domain must be articulated as a way to support the social nearness of the structure The ground plan actuation is given where understudy experience is helped. In this manner, nearness to other social enhancements, for example, library, city and building entryway are the sign of social solace and molding frameworks Low vitality conditions are made conceivable by guaranteeing configuration bolsters the normal settings maximumly Atmosphere and Climatic Changes For this situation, we take a gander at issues of environmental change that may affect contrarily or decidedly on the structure of the structure. Among the parameters that are straightforwardly influenced by environmental change include: Seepage is a significant parameter for this situation. We realize that climatic conditions can have genuine repercussions on the structure if not appropriately done. Shockingly, once in a while this has been somewhat unsteady to flawlessly execute as changing climatic conditions become increasingly flighty. In this manner, in initiating social qualities, positive alleviation plans are expected to guarantee less effects is stretched out to the structure once finished. Mapping of the climatic zones should be possible all the time in order to grasp the evolving designs. This subsequently takes us to the information dependence. Building Envelopes Cladding materials are utilized so as to guarantee that there is inside security and wellbeing while at the same time guaranteeing the structure faade and feel between connect with the regular settings Cladding materials choice must be pair with the essential necessity that presentation ought to be blameless This must be viewed as dependent on the usefulness of the structure Building envelopes must help highlights, for example, security; wellbeing and social connection Suggestion On the botched chances The I.S.D execution must be both procedure and result situated Utilize clear quantitative just as subjective strategies to set up best appraising execution for the structure. Actually, the greater part of the evaluation is scientific making it harder to build up a capable rating framework Join all the aspects required to guarantee a manageable structure plan and advancement Future achievement The methodology is progressively adjusted to the rising issues as it will in general location them both as an independent and in mix with others. Consequently it very well may be utilized to help with setting up and revising frameworks to adjust with the developing patterns like environmental change

How to Write a Research Proposal Take Help from Experts!

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Mainstream Schooling Is Culturally Bound - 1962 Words

In this essay I will address the ways in which mainstream schooling is culturally bound, and why this is a problem for those who have disabilities. Mainstream schools can be determined as a school of traditional education or a ‘normal’ school (Spielgaben, 2015). This categorises mainstream schools within New Zealand as schools of English medium that follow the New Zealand Curriculum and are state schools. These English medium schools work with the National Standards system which set specific expectations for students to have met in the key learning areas of reading, writing and mathematics (Ministry of Education, 2012). This system is just one of the ways in which mainstream schooling is culturally bound. The Oxford Dictionaries (2015) defines culturally bound as ‘restricted in character or outlook by belonging or referring to a particular culture.’ Due to these schools following particular systems it makes it difficult to cater to the different groups that attend these schools. The second way in which mainstream schooling is culturally bound, that I will address, is that most often teachers in these schools do not have the time, resources or skills to teach the diversity of disabilities due to a stronger focus of teaching by the curriculum. This results in more efforts needing to be made to support those with disabilities. I will focus on the common disabilities and special needs in the context of students in mainstream schools, such hearing impairments, physical andShow MoreRelatedInequalities in Australian Schooling Essay1360 Words   |  6 PagesInequalities in Australian Schooling: Sociocultural Factors in terms of Cultural Capital, Habitus and Social Reproduction There is a common, underlying perception that students from particular cultural and linguistic backgrounds – what is generally referred to as ethnicity - have a predisposition towards educational success in Australian schools (Watkins, 2013). Students from Anglo backgrounds, for example, are often seen as having a cultural advantage whilst others, such as Middle Eastern studentsRead MoreAs The Camera Pans Over An Arizona Suburb At Night, We1862 Words   |  8 Pagesalongside Volume, Times Square and Empire Records, are also inhabited by alienated teens with female leads and alternative music, and produced with the help of independent studio New Line Cinema, known for helping subversive filmmakers enter the mainstream. Mark Hunter is played by Christian Slater, who starred in Heathers the year before, another high school melodrama that explored themes of suicide and alienation, where he plays a far more antisocial and radical character. Despite its poor box officeRead MoreMusl im Girls And The Other France1793 Words   |  8 Pagesrights issue that goes beyond their specific characterizations or classifications to encompass human sufferings in various contexts. This critique concentrates on examining the behaviors of the state and the approaches it takes to solidify the mainstream culture ‘laà ¯cità ©Ã¢â‚¬â„¢ through the containment or the exclusion of other cultural, ideological, and religious streams. The French government has focused the attention on one of the weakest communities in society that is the immigrant minority groupsRead More The California State Public Education System Essay examples2504 Words   |  11 Pagesgoing to educate every child and expect them to bring every child to high standards of performance. Until fairly recently it was a permissible practice to reserve the most qualified teachers for those schools serving high-achieving, affluent, college-bound students who were believed to hold the greatest promise of success. Holding school districts accountable for improving the performance of all schools and all students might well require that resources, both human and financial, be allocated accordingRead Mor eResearch Paper on California Public Education2634 Words   |  11 Pagesgoing to educate every child and expect them to bring every child to high standards of performance. Until fairly recently it was a permissible practice to reserve the most qualified teachers for those schools serving high-achieving, affluent, college-bound students who were believed to hold the greatest promise of success. Holding school districts accountable for improving the performance of all schools and all students might well require that resources, both human and financial, be allocated accordingRead More A Study of the Healing Process from Slavery and Racism Essay2566 Words   |  11 Pagesanother way to control African-Americans, through Jim Crow laws. Jim Crow laws immediately became the modernized slavery institution. Further creating a barrier between opportunities and Blacks, for they were seen as intellectually and culturally inferior to mainstream America. African-Americans needed to heal from o ngoing oppression, so through literature we are able to examine the several healing methods used by African-Americans to surmount the lack of humility in America geared towards them. AccordingRead Morebiology 125894 Words   |  24 Pages$1,040 and spent $517 on food, gas, toiletries, laundry, phone, and utilities. This is also considering that she did not have children to look after. E Ehrenreich concludes that in the coming years economic conditions for the working poor are bound to worsen, even without the almost inevitable recession (pg. 59). The thinking behind welfare reform was that even the humblest jobs are morally uplifting and psychologically buoying. 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The Governments in developing countries therefore must take effective steps to enroll the members of SHGs in the Schemes of open schooling or any other distance mode to impart education. Although it is also true that economic empowerment alone does not always lead to reversal in gender relationship. SECTION II PROGRESS OF MICRO-CREDIT THROUGH SHGS IN INDIA A pilot project for linkingRead MoreMy Personal Journey On Social Work8705 Words   |  35 Pagesto three Schools of Social Work: Dalhousie University in Halifax, N.S., St. Thomas University in Fredericton, N.B., and Memorial University in St. John’s, N.L. I spent my gap year working to save up money so I could pay for my next two years of schooling. I decided to apply to schools of social work because I was really interested in my courses that were related to child development and behaviours, interactions between people and society, social inequality and justice, and human rights, which are

The Child Molestation Act Of Pederasty - 975 Words

In the earliest of time in Greece, homosexuality became common within the civilization; which with this socially accepted involvement, some could say, provided the groundwork for the child molestation act of pederasty. Conversely, it appears the Greek’s institutionalized sodomy to a new level for children that involved predominantly upper-class men in the 7th century B.C.; shamefully, boosted with pride concerning this ‘training system as their civil duty.’ They professed to be giving needed guidance to young boys (eromenos); who became effectively courted by older men (the erastes or ‘lover’). The Greeks became flamboyant with their exploitation of adolescents and cunningly gave personal attention to young boys to produce sexual cooperation. Distinctly, there existed a real challenge between Greek homosexuals, involving who would become the ‘dominating partner;’ (which transpires as an extreme shame if you were the lesser); therefore , an infinite number of repugnant circumstances arose, while using children’s passiveness to conceal the men’s perverted actions. Although, people exalt ancient philosophers for their intelligence and wisdom; perversely Plato proudly declares, â€Å"Pederasty, philosophy, and nude sports as the three things that set the Hellenes (Greeks) apart from the barbarians† (Symposium, 182b). Suitably, being compared to barbarians speaks for itself. Plato explains pederasty two years before his death, stating, â€Å"†¦man is far more beautiful, moreShow MoreRelatedThe Child Molestation Act Of Pederasty969 Words   |  4 Pages In Greece, homosexuality became common within their culture; which with this socially accepted involvement, some could say, provided the groundwork for the child molestation act of pederasty. It appears the Greek’s institutionalized sodomy to a new level for children that involved predominantly upper-class men in the 7th century B.C.; shamefully, boosted with pride concerning this ‘training system as their civil duty.’ They professed to be giving needed guidance to young boys (eromenos); who

Seasonal Adjustment Consumer Price Index - Myassignmenthelp.Com

Question: Discuss About The Seasonal Adjustment Consumer Price Index? Answer: Introducation The government of a country should impose some policies to control environmental degradation. Those policies will also protect welfare of people and environmental sustainability. On the other hand, a countrys economic growth is measured by its real gross domestic product (GDP). Here, the government is planning to implement a policy to reduce air pollution. According to this policy, factories will reduce their use of dirty fuels. However, after implementing this policy, real GDP of a country might be affected. Moreover, it is very difficult for a government to apply a proper environmental policy (Kraft, 2017). There is a complementary nature between economic prosperity and a healthy natural environment. The standard of living of a country depends on several economical, environmental and political factors. To produce a good or service, various economical factors are needed. These are human capital, physical capital, natural resources and technologies. Moreover, the government plays an important role on production process for a country. Hence, they affect the growth rate of a country by implementing various governmental policies. The chief interest of environmental policy makers is to analyse the economic effects related to these policies. Environmental policy can be seen as a burden on short-term or medium-term economic activities in some traditional approaches. This is because this policy increases production costs without increasing output (Stern van Dijk, 2017). Moreover, it restricts a firms production technologies and total outputs. This traditional environmental policy forces various firms to scarify different inputs to control pollution. Moreover, production technology may also be hampered due to this policy and as a result, performance standard of those firms will be negative. Here, production technology of some factories is based on fuels, which further generate air pollution. Hence, by implementing environmental policy, the government can restrict the use of fuels. This will further change the production technologies for those factories and as a result, total output will be decreased. As total pro duction of a country decreases, real GDP of that country will also be decreased. Hence, in this scenario, environmental policy has a negative impact on a countrys economic growth. However, according to some modern theories, environmental policy actually helps a factory to produce more (Bergstrom Randall, 2016). According to some economists, restriction on some factor inputs will further encourage a firm to innovate more production methods. Environmental policy has some positive indirect effects on a countrys economy. Due to new environmental policy, a firm should change its production process by innovating new production technologies. This will further help a firm to produce more output with limited resources and earn more profits. Furthermore, this increasing amount of total production will help a country to improve its real GDP. However, different environmental policies have different impacts on a countrys production process (Panayotou, 2016). Hence, it is very important for poli cy makers to analyse all possible effects before implementing an environmental policy. Moreover, empirical analysis of previous data will be beneficial for those policy makers to understand an accurate outcome. Natural rate of unemployment indicates a combination of structural, surplus and frictional unemployment. This type of unemployment can be seen in both developed and developing countries. On the other hand, a recession period indicates a condition when an entire economy is facing a decline in activity. Under this recession period, a countrys GDP decreases. Moreover, all business organisations are facing a decline in their sales and revenues. The level of investment and consumer demand becomes also very low during this period. Due to this low level of demand, firms reduce their production (Watson Deller, 2017). Moreover, those firms cut off their labour power to maintain a normal level of profit under recession period. Hence, job opportunity of various labours also declines. As a result, many people lose their jobs. Moreover, those unemployed workers face difficulties to find out new jobs (Marques, Lima Troster, 2017). Hence, from some practical incidence it can be seen that the rate of natural unemployment of any country has sharply increased after a recession period. Moreover, higher rate structural unemployment can be seen within and after this recession period. During a recession period, various economic factors of a country have declined. Those economic factors are real gross domestic product (GDP), employment level, real income and overall transaction levels of this country. There are various macro economic factors which help a country to face recession period. However, the chief reason of a recession period is inflation. The general price level of a country will be increased during this inflationary situation (Campbell, 2017). Moreover, increasing level of unemployment and decreasing rate of GDP will lead a country into a recession period. However, recession on the other side helps a country to reduce its inflationary situation. During a recession period, aggregate demand of a country declines. Moreover, due to high level of unemployment level and huge competition among those unemployed labours, wage rate becomes low (Ferrara, Marcellino Mogliani, 2015). Price level also has declined due to low level of demand. As a result, overall inflation rate of this country declines. In the above figure, real GDP of a country falls from Y1 to Y2 due to low level of demand. However, long-run supply curve remains constant. As a result, price level declines from P1 to P2. It will further reduce the level inflation of a country. To maintain economic stabilisation, the role of a government is very important. Citizens of a democratic country choose its government to live in an economically, politically and socially stable environment. An efficient government can control its inflation or recession period. However, due to some external effects, recession period occurs in both developed and developing countries (Kriesi Pappas, 2015). Due to this recession period, people lose their jobs. Other business organisations also face various difficulties due to low level of demand and investment. As the present government cannot control this economic disturbance, the poll rate of this government will be decreased. People will lose their faith on the present government. However, if the government can successfully handle this recession period by generating employment level and increasing demand, then this situation can be handled (Bartels, 2014). In this situation, the poll rate may not fall to a large extent. Hence, this poll rate varies from country to country and for different political parties. The typical consumer's food basket in the base year 2017 is as follows: Total price of 30 chickens is $ (30*3) = $90 Total price of 10 hams is $ (10*6) = $60 Total price of 10 steaks is $(10*8) = $80 The cost of consumers food basket in 2017 is $ (90+60+80) = $230 As chicken feed shortage occurs, the price of chickens becomes $5.00 each in the year 2018. Hence, total price of chicken will be now $(30*5) = $150 Hams price becomes $7.00 each. Therefore, total price of hams in 2018 is $(10*7) = $70. The price of steaks is unchanged. Hence its total price is $80. The cost of consumers food basket in 2018 is $ (150+70+80) = $ 300 Hence, the cost-of-eating index has increased by = ($300-$230)/$230 = 70/230 = 0.30 In percentage terms, the change value of cost-of-eating index will be 0.30*100 = 30%. In 2018, the price of two chickens is $ (2*5) = $10. The price of one ham in this year is $ 7. This mean the cost f two chickens are greater than one ham. Hence, people will consume more hams than chicken. Instead of consuming 30 chickens worth $ 150, people will consume 15 hams. Hence, total amount of hams consumption will be (10+15) = 25. Hence, people will actually buy only hams and steaks (Zhang, 2017). Thus, the real consumer's food basket in 2018 will be $ (25*7+80) = $ 175+80 = $ 255. Thus, true change of a consumers cost-of-eating index will be ($255 - $230)/ $230 = 0.108 or 10.8%. This true index value is lower than official index value, that is, 30%. Hence, the overestimated cost of eating indicates substitution bias Aggregate demand represents the amount of goods and services that an economy will purchase at each possible price level. On the other hand, aggregate supply indicates the aggregate amount of goods and services that the economy will produce and supply at each price level. By equating both aggregate demand and supply curve, an equilibrium level of price and gross domestic product will be obtained (Henderson, 2014). Here, macroeconomic equilibrium condition of Australia will be discussed. In the above figure, an aggregate demand curve (AD) and aggregate supply curve (AS) are drawn. Both curves intersect with each other and generate an equilibrium price level (P) and an equilibrium amount of national income (Y). Under short-run macroeconomic conditions, the equilibrium condition of Australia has occurred by equating both AD and AS curves of this country. However, it is not economically necessary that this equilibrium level will take place under full employment level. Hence, there is a huge opportunity for this country expands its productivity by using excess labour force (Keynes, 2016). In this context, expansionary monetary policy will help Australia to increase employment level. By this monetary policy, the government of Australia will increase its money supply within the economy. As a result, there will be huge amount of money for investing in a production process. Firms will increase its productivity level by investing more money. This will further increase the real GDP of Australia. By an increasing amount of real GDP, a country can increase its employment level. In the above figure the effect expansionary fiscal policy of Australia is drawn. Here, initial equilibrium amount of GDP and price level was Y1 and P1. However, after this policy, the new aggregate demand curve becomes AD2. In this new equilibrium situation, GDP and price level become GDP2 and P2, respectively. Due to favourable set of weather conditions, agricultural output is increased. As a result, total supply curve of Australia will be shifted to the right. In the above diagram, initial supply curve was AS. However, after increasing agricultural productivity, the new supply curve becomes AS. The initial demand curve AD remains same. The initial level of GDP and price level were Y1 and P1, respectively. However, after shifting the supply curve to the right, the equilibrium level of GDP become Y2 and price level becomes P2. From the aggregate demand and supply curve of Australia, it can be stated that equilibrium price level of agricultural goods falls When the government of Australia pursues a policy to reduce it business taxes, an expansionary fiscal policy will be applied. By this fiscal policy, the government will help various business organisations to produce more outputs. Production costs will be low and producers will charge less amount of price for its outputs (Cashin, Lenney, Lu tz Peterman, 2017). On the other hand, due to this low price, total consumption demand in market will be increased. In the above figure, expansionary fiscal policy is shown. By this policy, the demand curve shifts upward and the new equilibrium level of GDP becomes Y2 and the new price level becomes P2. When Australian dollars its value relative to their trading partners, the country will import more goods by international trade. As the exchange rate becomes favourable for Australia, the country can now purchase more goods by same amount of price (Guzman, Ocampo Stiglitz, 2017). As a result, the aggregate supply curve of this country will shift to the right. In the above diagram, the supply curve of Australia shifts to the right as the country is importing more outputs. As a result, total level of GDP will be increased and total amount of price will be decreased. Reference: Bartels, L. M. (2014). Ideology and retrospection in electoral responses to the Great Recession.Mass politics in tough times: Opinions, votes and protest in the great recession, 185-223. Bergstrom, J. C., Randall, A. (2016).Resource economics: an economic approach to natural resource and environmental policy. Edward Elgar Publishing. Campbell, C. M. (2017). Pre-recession wage inflation and the strength of the subsequent recovery.Applied Economics Letters, 1-4. Cashin, D. B., Lenney, J., Lutz, B. F., Peterman, W. (2017). Fiscal Policy and Aggregate Demand in the US Before, During and Following the Great Recession. Ferrara, L., Marcellino, M., Mogliani, M. (2015). Macroeconomic forecasting during the Great Recession: The return of non-linearity?.International Journal of Forecasting,31(3), 664-679. Guzman, M., Ocampo, J. A., Stiglitz, J. E. (2017).Real exchange rate policies for economic development(No. w23868). National Bureau of Economic Research. Henderson, J. V. (2014).Economic theory and the cities. Academic Press. Keynes, J. M. (2016).General theory of employment, interest and money. Atlantic Publishers Dist. Kraft, M. E. (2017).Environmental policy and politics. Taylor Francis. Kriesi, H., Pappas, T. S. (Eds.). (2015).European populism in the shadow of the great recession. Colchester: Ecpr Press. Lorentz, A., Ciarli, T., Savona, M., Valente, M. (2016). The effect of demand-driven structural transformations on growth and technological change.Journal of Evolutionary Economics,26(1), 219-246. Marques, A. M., Lima, G. T., Troster, V. (2017). Unemployment persistence in OECD countries after the Great Recession.Economic Modelling,64, 105-116. Panayotou, T. (2016). Economic growth and the environment.The environment in anthropology, 140-148. Stern, D. I., van Dijk, J. (2017). Economic growth and global particulate pollution concentrations.Climatic Change, 1-16. Watson, P., Deller, S. (2017). Economic diversity, unemployment and the Great Recession.The Quarterly Review of Economics and Finance,64, 1-11. Zhang, T. (2017). Seasonal Adjustment of the Consumer Price Index.Open Journal of Social Sciences,5(03), 5.

The Impact Of Information Technology On Work Organ Essay Example For Students

The Impact Of Information Technology On Work Organ Essay isations The impact of information technology will have significant effects on the structure, management and functioning of most organisations. It demands new patterns of work organisation and effects individual jobs, the formation and structure of groups, the nature of supervision and managerial roles. Information technology results in changes to lines of command and authority, and influences the need for reconstructing the organisation and attention to job design. Computer based information and decision support systems influence choices in design of production or service activities, hierachal structures and organisations of support staffs. Information technology may influence the centralisation/ decentralisation of decision making and control systems. We will write a custom essay on The Impact Of Information Technology On Work Organ specifically for you for only $16.38 $13.9/page Order now New technology has typical resulted in a flatter organisational pyramid with fewer levels of management required. In the case of new office technology it allows the potential for staff at clerical/operator level to carry out a wider range of functions and to check their own work. The result is a change in the traditional supervisory function and a demand for fewer supervisors. One example, secretaries with the impact of I technology are moving increasingly into territory previously occupied by managers and administrations, and achieving new levels of responsibility The importance of effective management of technical change has been highlighted by recent and continuing developments in IT. Although the term IT originated in the computer industry, it extends beyond computing to include telecommunications and office equipment. Advances in technical knowledge, the search for improved economic efficiency and GOV support for It have all prompted a growing movement towards more automated procedures of work. The impact of It demands new patterns of work organisations, especially in relation to achieve procedures, one example is the shift in the traditional role of the secretary more towards that of the manager and administrator. IT effects the nature of individual jobs and the formation and structure of work groups. There is a movement away from large scale, centralised organisation to smaller working units. Processes of communication are increasingly limited to computer systems with the rapid transmission of information and immediate access to their national or international offices. Improvements in telecommunications mean for example that support staff need no longer be located within the main production unit. Changes wrought by IT means that individuals may work more on their own, from their personal work stations or even from their own homes, or work more with machines than with other people. One person may be capable of carrying out a wider range of activities. There are changes in the nature of supervision and the traditional heirachal structure of jobs and responsibilities. Computer based information and decision support systems provide additional dimensions of structural design. They affect choices such as division of work, individual tasks and responsibility. The introduction of IT undoubtedly transforms significantly the nature of work and employment conditions for staff. Advances in technical knowledge tend to develop at a faster rate than, and in isolation from, consideration of related human and social consequences, e. g. fatigue and low morale are two major obstacles to the efficiency of staff. Research is now being conducted into possible health hazards such as eyestrain, backache, general fatigue and irritability for operators of visual display units. This concern has prompted proposals for recommended working practices for VDU operators. The trade union congress has call for regular health checks and eyesight tests for operators and a 20-minute break every two hours. Failure to match technical change to the concomitant human and social considerations means, that staff may become resentful, suspicious and defensive. Peoples cognitive limitations, and their uncertainties and fears, may result in a reluctance to accept change. The psychological and social implications of technical change, such as information technology and increased automation, must not be underestimated. New ideas and innovations should not be seen by members of staff as threats. The manager has to balance the need for adaptability ain meeting oportunities by new technology with an atmosphere of stability and concern for the interests of staff. The manner in which technical change is introduced into the organisation will influence peoples attitude towards work, the behaviour of individuals and groups, and their level of performance. Continued technical change is inevitable and likely to develop at even greater rate. .u4614d97116ac50794e890d857d8fc289 , .u4614d97116ac50794e890d857d8fc289 .postImageUrl , .u4614d97116ac50794e890d857d8fc289 .centered-text-area { min-height: 80px; position: relative; } .u4614d97116ac50794e890d857d8fc289 , .u4614d97116ac50794e890d857d8fc289:hover , .u4614d97116ac50794e890d857d8fc289:visited , .u4614d97116ac50794e890d857d8fc289:active { border:0!important; } .u4614d97116ac50794e890d857d8fc289 .clearfix:after { content: ""; display: table; clear: both; } .u4614d97116ac50794e890d857d8fc289 { 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; } .u4614d97116ac50794e890d857d8fc289:active , .u4614d97116ac50794e890d857d8fc289:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u4614d97116ac50794e890d857d8fc289 .centered-text-area { width: 100%; position: relative ; } .u4614d97116ac50794e890d857d8fc289 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u4614d97116ac50794e890d857d8fc289 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u4614d97116ac50794e890d857d8fc289 .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; } .u4614d97116ac50794e890d857d8fc289:hover .ctaButton { background-color: #34495E!important; } .u4614d97116ac50794e890d857d8fc289 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u4614d97116ac50794e890d857d8fc289 .u4614d97116ac50794e890d857d8fc289-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u4614d97116ac50794e890d857d8fc289:after { content: ""; display: block; clear: both; } READ: RECYCLING Essay Managers must be responsive to such . The impact of Information technology on work organ Essay Example For Students The impact of Information technology on work organ Essay isations The impact of information technology will have significant effects on the structure, management and functioning of most organisations. It demands new patterns of work organisation and effects individual jobs, the formation and structure of groups, the nature of supervision and managerial roles. Information technology results in changes to lines of command and authority, and influences the need for reconstructing the organisation and attention to job design. Computer based information and decision support systems influence choices in design of production or service activities, hierachal structures and organisations of support staffs. Information technology may influence the centralisation/ decentralisation of decision making and control systems. We will write a custom essay on The impact of Information technology on work organ specifically for you for only $16.38 $13.9/page Order now New technology has typical resulted in a flatter organisational pyramid with fewer levels of management required. In the case of new office technology it allows the potential for staff at clerical/operator level to carry out a wider range of functions and to check their own work. The result is a change in the traditional supervisory function and a demand for fewer supervisors. One example, secretaries with the impact of I technology are moving increasingly into territory previously occupied by managers and administrations, and achieving new levels of responsibility The importance of effective management of technical change has been highlighted by recent and continuing developments in IT. Although the term IT originated in the computer industry, it extends beyond computing to include telecommunications and office equipment. Advances in technical knowledge, the search for improved economic efficiency and GOV support for It have all prompted a growing movement towards more automated procedures of work. The impact of It demands new patterns of work organisations, especially in relation to achieve procedures, one example is the shift in the traditional role of the secretary more towards that of the manager and administrator. IT effects the nature of individual jobs and the formation and structure of work groups. There is a movement away from large scale, centralised organisation to smaller working units. Processes of communication are increasingly limited to computer systems with the rapid transmission of information and immediate access to their national or international offices. Improvements in telecommunications mean for example that support staff need no longer be located within the main production unit. Changes wrought by IT means that individuals may work more on their own, from their personal work stations or even from their own homes, or work more with machines than with other people. One person may be capable of carrying out a wider range of activities. There are changes in the nature of supervision and the traditional heirachal structure of jobs and responsibilities. Computer based information and decision support systems provide additional dimensions of structural design. They affect choices such as division of work, individual tasks and responsibility. The introduction of IT undoubtedly transforms significantly the nature of work and employment conditions for staff. Advances in technical knowledge tend to develop at a faster rate than, and in isolation from, consideration of related human and social consequences, e. g. fatigue and low morale are two major obstacles to the efficiency of staff. Research is now being conducted into possible health hazards such as eyestrain, backache, general fatigue and irritability for operators of visual display units. This concern has prompted proposals for recommended working practices for VDU operators. The trade union congress has call for regular health checks and eyesight tests for operators and a 20-minute break every two hours. Failure to match technical change to the concomitant human and social considerations means, that staff may become resentful, suspicious and defensive. Peoples cognitive limitations, and their uncertainties and fears, may result in a reluctance to accept change. The psychological and social implications of technical change, such as information technology and increased automation, must not be underestimated. New ideas and innovations should not be seen by members of staff as threats. The manager has to balance the need for adaptability ain meeting oportunities by new technology with an atmosphere of stability and concern for the interests of staff. The manner in which technical change is introduced into the organisation will influence peoples attitude towards work, the behaviour of individuals and groups, and their level of performance. Continued technical change is inevitable and likely to develop at even greater rate. .u86db9006789bafee6c4872c4a317c844 , .u86db9006789bafee6c4872c4a317c844 .postImageUrl , .u86db9006789bafee6c4872c4a317c844 .centered-text-area { min-height: 80px; position: relative; } .u86db9006789bafee6c4872c4a317c844 , .u86db9006789bafee6c4872c4a317c844:hover , .u86db9006789bafee6c4872c4a317c844:visited , .u86db9006789bafee6c4872c4a317c844:active { border:0!important; } .u86db9006789bafee6c4872c4a317c844 .clearfix:after { content: ""; display: table; clear: both; } .u86db9006789bafee6c4872c4a317c844 { 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; } .u86db9006789bafee6c4872c4a317c844:active , .u86db9006789bafee6c4872c4a317c844:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u86db9006789bafee6c4872c4a317c844 .centered-text-area { width: 100%; position: relative ; } .u86db9006789bafee6c4872c4a317c844 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u86db9006789bafee6c4872c4a317c844 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u86db9006789bafee6c4872c4a317c844 .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; } .u86db9006789bafee6c4872c4a317c844:hover .ctaButton { background-color: #34495E!important; } .u86db9006789bafee6c4872c4a317c844 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u86db9006789bafee6c4872c4a317c844 .u86db9006789bafee6c4872c4a317c844-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u86db9006789bafee6c4872c4a317c844:after { content: ""; display: block; clear: both; } READ: 1984 George Orwell Essay Managers must be responsive to .

Being a beautiful essays

Being a beautiful essays Everyday we make assumptions by what we can see physically. Even in the supermarkets, we distinguish good products from bad products based on how they look. We are apt to choose good-looking products because they don ft have flaws, cracks, and bruises. Moreover, we assume them to have good qualities and good tastes. Actually, taste doesn ft deal with its looking. However, we bias in favor of beauty due to human nature. Since people judge human beings based on how they look, it fs called discrimination. Unfortunately, the society we live, benefits beautiful people more than physically unattractive people who has better qualities. Therefore, advantages enjoyed by those beautiful people, are countless. Such as marriage, career, and school-grade are typical examples of their advantage. We likely to expect to be treated equally, but we are not treated as the same in the real world. I believe judging people based on their appearance only disadvantage people. Success must be depend on effort, talent, and intelligence. As long as we can ft stop discriminating people based on appearance, people can ft achieve enough opportunity and real success. There is the question of how to change the system of unfair treatment based on appearance. Recently, lots of people have cosmetic surgery on their face and body. Some religious teach their people that altering their body is profane because our bodies are gifts from god. However, cosmetic surgery introduces us cutting edge technologies and become popular. The reason why many people get surgery is because they improve their appearance in order to be treated much better. The benefits for those people are success in their careers, marriage with rich men, and more chances to become popular. I know some waitresses whose tips depend on how well customers like them. Most male customer care how waitresses look. Being beautiful is needed to be accepted by the society, especially for women, somehow. Wome...

How Can a School's Pastoral Structure Support Pupil Achievement Essay

How Can a School's Pastoral Structure Support Pupil Achievement - Essay Example This essay stresses that the investigation was concerned with the Curriculum Guidance stipulation that themes be inculcated across the confines of the academic subjects that typically characterise an intrinsic feature of the secondary curricula. The conclusion was that themes that had no noteworthy incidence in academics prior to the launching of the National Curriculum had continued generally to be short on resources or standing, and the preponderance of the schools took few reasonable measures to try to appraise or introduce cross-curricular connections apart from pre-established activities formerly operative in relation to individual subjects. The absence of a clear criteria for review of material related to the themes was recognized as the basic obstacle. This paper makes a conclusion that from one perspective the National Curriculum could be understood as integrating pastoral care into the actual fabric of the teaching profession, requiring that educators themselves be comprehensively trained in pastoral care techniques. In recent years the educational system appears to have grown significantly in a responsiveness to the susceptibility of young people in the academic process. The call for a student-based focus seeks to address all aspects of a multifaceted learning environment and honour a pastoral mandate to provide a network of community support to strengthen the student's sense of personal responsibility for academic success.

Ethical issues in Financier by Theodore Dreiser Essay

Ethical issues in Financier by Theodore Dreiser - Essay Example He went to friends of his at the Century Company and proposed they commission Dreiser to write for the Century Magazine three articles on Europe which might eventually be expanded into book length, and at the same time he directed Dreiser to ask Harper's for an advance on The Financier. The result was that on November 18 Century sent Dreiser a check for a thousand dollars for three articles and the option on any book he might write about his trip, and Harper's, upon his depositing with them the first part of his manuscript, agreed to advance him two thousand dollars on The Financier and five hundred dollars against the earnings of Jennie Gerhardt. In addition Harper's prepared to reissue Sister Carrie. When Richards suggested to Dreiser that even the Nobel Prize was now within his grasp, Dreiser re gained his confidence and on November 22 sailed with Richards on the Mauretania, explaining to an interviewer before embarking that in his new novel "I'm doing the man as I see him. . . . And when I get through with him he'll stand there, unidealized and uncursed, for you . . . to take and judge according to your own lights and blindnesses and attitudes toward life." In this spirit he was seeking to observe the "color of life." (Markle 10) Yet, baseless as Dreiser's worries mig... He remembered all the writing that he wished to do, wrote Mencken asking whether he would read the manuscript of The Financier, and although Richards tried to persuade him to visit the Hardy country, decided early in April that he must take the first available ship back to America. This ship happened to be the Titanic, but since it was on its maiden voyage, Richards thought it might be uncomfortable and preferred to secure Dreiser passage on the Kroonland, which arrived in New York at the end of the month, when Dreiser began at once completing The Financier. Dreiser wanted to call his whole trilogy The Financier, and the first volume simply "Volume One," but Harper's insisted that was commercially inadvisable. Dreiser wanted to shorten his novel so that it would not run to 800 pages, but Harper's was giving him no time to make adequate cuts. Mencken, however, was abroad when Dreiser returned from Europe, and it was not until May 7 that Dreiser could write to him from New York: "Lord[,] I'm glad to know you[']r[e] back. . . . I wish I could talk to you. I have a whole raft of things to discuss not the least of which is the present plan of publishing this book in 3 volumes -- 1 volume every 6 months. . . . For heaven sake keep in touch with me by mail for I'm rather lonely & I have to work like the devil." Mencken did keep in touch, and while during the summer Jug returned in what was the final attempt to solve the problem of loneliness, Mencken encouraged him in his work, read galleys, suggested the excision of irrelevant details and the expansion of certain incidents, and assured him: "You have described and accounted for and interpreted Cowperwood almost perfectly.

How to score that perfect 6.0 on GMAT AWA Essay Example for Free

How to score that perfect 6.0 on GMAT AWA Essay This guide is meant for essay-phobes who dread the blank screen with the blinking cursor and/or people who simply want to score well (or full) on the GMAT. As far as my qualifications are concerned, I recently gave the GMAT and with good confidence scored a full 6 on my GMAT AWA, despite being an essay-phobe myself. To get started, you should read Chineseburneds article on AWA Writing here -http://gmatclub.com/forum/how-to-get-6-0-awa-my-guide-64327.html. The idea of his article is to form a template and it suggests some supporting words for you to use while writing your essay. This idea forms the meat of my strategy, and theres no point in me reproducing the material in this already well-known reference article. Also, note that the Issue essay has been discontinued much to my relief, and this guide will focus exclusively on the Argument essay. I actually waited a whole year so I could give the Next-Gen GMAT rather than the old GMAT with 2 essays, and I must say this pathetic strategy paid off 780 + 6 AWA + 8 IR on my first attempt. I do believe the Quant and Verbal scores would have been negatively affected due to the energy drain caused by the 2 essays. Im only going to build on the tips given by Chineseburned, add some more tips and make it EASIER for you to follow. Now that youve read the article, its time to jump into some more tricks: Three things to remember: 1) Remember that the argument essay is more science than art. You need to use connecting words to build up your argument. (Moreover, for example, to illustrate, ; do not use etc unless absolutely necessary, it looks like an open ending make your argument sound robust and confident) People suggest writing about 500 words per essay the reason being unless youre a good writer, its difficult to convey what you want to say minimally. Take a look at the score 6 essay in the Official Guide can you pull off an essay like that? If yes, you dont need this guide I should be taking tips from you. If you cant, read on. A good 500+ word essay usually shows that you can whip up ideas and write atleast well about your ideas in the 30 mins. Its also useful to remember that the GMAT asks for a draft version, not a very awesome finalized essay. So, a bit of structure, good grammar and 3 argument loopholes (2 or 4 is fine, but 3 is a good number to stick to) are all the things that you need to write your essay. 2) Its also useful to keep in mind that one of your raters is an algorithmic e-rater. You can test yourself against the official e-rater by buying the GMAT Write pack from mba.com. I did do this because I wasnt feeling too sure about my scores, and I feel more confident if I know what to expect beforehand. I do suggest you do the same, because its one thing to write an essay and another to see your actual score. The thing here is good structure and grammar with connecting words in a 500+ word essay is almost guaranteed to give you a 6 its how the e-rater seems to be programmed. On top of that, from what Ive read, the human graders seem to be so overburdened with essays to check that they too follow an algorithm almost the same as the e-rater; a longer essay is sure to score better than a shorter one. 3) Don’t worry about making too much sense in the essay. The e-rater can’t validate your facts and figures – it can only read structure. And the reader cannot verify any of them either – trust me, he doesn’t have the time or the inclination nor is he supposed to do so. All they need is structure, grammar and a well substantiated argument. Feel free to conjure examples out of thin air so long as they substantiate your argument. As I’ll explain later, the examples form the bulk of the essay. What does this mean for you? Aim for 500+ words and Im going to show you exactly how to do that. How to write a 500 word essay in 30 mins? After writing my first 2 essays, I realized I was finding it difficult to vomit 500+ pretty words in 30 mins I needed a shortcut. This section is organized in chronological order from a time management perspective. My time breakup was very simple – 1. Type out your template with full introduction and conclusion. Yes, I cheated. I had a 100+ word intro-conc template ready to vomit without even reading the question! And now I have conclusive proof that this strategy works! That should take approximately 3-4 minutes to type. Voila! No more blank screen ï Å , plus you’re free to attack the question and who cares if you even forget the template at this point? Here’s my template: (MS Word word count: 126) â€Å"The argument that omits some very important considerations that are necessary to get a full 360-degree view of the described scenario. The argument does not provide substantive evidence to be able to prove or even support the main conclusion from the given premises. First, the argument readily assumes that†¦ Second, the argument claims that†¦ Lastly, the argument fails to account for the fact that†¦ In summary, the argument is extremely flawed because of the above-mentioned reasons and hence comes across as weak and unconvincing to the reader. If the author had mentioned all the relevant facts that are essential to objectively assess the situation under consideration, the argument would have been much stronger. Without this information, the argument remains unsubstantiated and open to debate.† I must mention that this was close to what I wrote on some of my first practice essays, which helped me memorize it easily. Whatever template you use, just remember to restate the argument in the introduction and keep the other parts independent of the actual argument. Dont fill in the part till the next step. Just mark it with a or whatever and come back to it after reading the question. 2. Now that you’ve typed out your template, take 3-4 mins to read the question and JOT DOWN 3 loopholes. Write them down on your scratchpad, do not memorize. 2B. Fill in the part in the introduction. 3. All that remains is for you to expand your points into 3 paragraphs which we already started in the template. You’ll need about 400 words. I found this difficult initially, but then, as usual, I came up with a trick – elaborate your examples. They are your saviors. Below is one of my last GMAT Write essays note the length of the â€Å"example† sections marked in red. Essay prompt: The following appeared in a memorandum from the director of research and development at Ready-to-Ware, a software engineering firm. â€Å"The package of benefits and incentives that Ready-to-Ware offers to professional staff is too costly. Our quarterly profits have declined since the package was introduced two years ago, at the time of our incorporation. Moreover, the package had little positive effect, as we have had only marginal success in recruiting and training high-quality professional staff. To become more profitable again, Ready-to-Ware should, therefore, offer the reduced benefits package that was in place two years ago and use the savings to fund our current research and development initiatives.† My essay response: â€Å"The argument that Ready-to-Ware should decrease its benefits package for professional staff omits some very important considerations that need to be addressed to get a full 360-degree view of the situation under consideration. The argument does not provide substantive evidence to be able to prove or support the main conclusion from the given premises. First, we need to consider if the decline is profits has occurred solely due to the increase in employee compensation. There could be multiple reasons for the decrease in the companys profits over the past two years. For example, the company might have one of its major customers to a rival, thus putting pressure on the revenues. If this single customer were responsible for more than 50% of the companys revenues, a severe drop in profits is to be expected. Another scenario would be if too many competitors have entered Ready-to-Wares target space, in the process putting pressure on the company to provide considerable discounts to current and prospective customers to maintain and gain market share. This is the same scenario that drove out profits from the auto industry in the 1980s. With too many car manufacturers hogging the same target consumer market, the downward pressure on car prices virtually eliminated the car manufacturers profits. One more example of a profit-declining scenario would be a ramping up of taxes by the government to cover its budget deficit. Companies usually tackle such problems by shifting headquarters to a more tax-friendly location. Hence, the argument fails to convince the reader that the fall in profits was specifically due to the increase in employee benefits and not due to any other cause. Second, the argument claims that Ready-to-Ware had problems retaining high-quality professional staff even with the increased compensation package. However, the author fails to mention the competitiveness of Ready-to-Wares benefits package in comparison to industry standards. Here, there is a good possibility that Ready-to-Wares package was very incompetitive to begin with, thus explaining the companys low employee retention rates. Even with the increased benefits package, we cannot be sure that Ready-to-Ware is providing enough incentives to its professionals to stick with it when faced with any of its rivals offers. For example, if Ready-to-Wares original compensation package totaled $30,000 in value, whereas its rivals were offering $50,000 on an average at that time for the same job position and responsibilities, it becomes quite clear why the company had problems retaining its professional employees. Again, if the increased compensation package equals $40,000 as a sum total of all benefits, it is still not sufficient to satisfy employees who can see the better opportunities offered by its competitors, and that too without considering the fact that the the average job salary in the industry might already have risen above the original $50,000 to adjust for inflation. Lastly, the argument fails to take into account the negative effects of reducing the package. If the company is already facing employee retention issues, this problem might only be exacerbated by the decrease in benefits. Employees might leave the company is hordes, leaving their positions unmanned, and at the same time creating a two-sided problem for the company which might not be able to attract new employees due to their low salary offering. In the worst case scenario which in this case I believe is actually realizable, that company might go out of business and have to liquidate itself. In summary, this argument is extremely flawed and unconvincing for the abovementioned reasons. The author fails to take a complete view of the situation and omits some very important considerations required to assess the merits and issues in this situation. If only the author had taken all the above points into account and omitted the counterarguments, the line of reasoning would have been considerable strengthened. â€Å" Notice how the examples have been stretched out and well-developed? It’s easy to do once you practice a few times. Start telling a story in the example, and many a times you’ll find it’s actually more difficult to stop writing than to keep extending. Practicing a few times will give you a good sense of how long each paragraph should be. In most of my essays, the lengths of the 3 body paragraphs decrease from top to bottom – it’s just because I like it that way. How you want it to look is up to you. Don’t bother to put your 3 points in any order – each can be substantiated well beyond 100 words – your brain will take care of that. To reiterate – conjure examples out of thin air as long as they help strengthen your argument. It’s not cheating, it’s just common sense. A good essay takes time – give me a day and I’ll cook you a feast you’ll never forget; give me a half hour and I’ll microwave leftovers. If I had more time to write that essay above, I’d NEVER EVER have formatted it the way I have done and it’d have come off WAY BETTER than it currently is – and that will be true for your essay too, it’ll be far from your perfect work. But who cares as long as it gets you that 6, eh? And the time allotted for this step? Just make sure you finish your essay by the 29th minute. If you aim for the 29th minute, you might need 30 seconds extra and you’ll have a buffer. I tried to finish it by the 30th minute once when practicing and ended up leaving an open sentence when software abruptly ended my essay session. It’s best to finish by the 29th minute. 4. DO NOT reread. Relax. Trust the template and trust what you’ve filled in the blanks. Rereading will only lead to anxiety and might screw up your later sections. There WILL be mistakes in your essay. Remember – it’s a draft, you’re allowed some grammatical, spelling or punctuation mistakes. Practice Practice makes a man perfect. And women too. Sorry for that clichà ©, but none of this will be helpful unless you write your own essays to get the hang of it. Depending on your confidence level, you’ll need to write 4-8 essays to get comfortable with typing it all out in 30 mins without a hitch. And again, if you want to get really confident about your scores, just get a GMAT Write package – it’s much more satisfying to actually see your essay graded by the actual e-rater algorithm. GMAT Write also gives you a breakup of your score, so it’ll be easier for you to hit the deficient areas if any. On the day of the GMAT Trust your template. Don’t question your method just because it’s mechanical. Remember – you’re running a marathon and this is just the first 1/7th of it. Conserve your energy. Just follow what you’ve planned without questioning. And once the essay is done, forget about it. Concentrate on the sections you’re doing. This article might be about scoring a 6 but most schools don’t care as long as you score a 4+. The high score is just to satisfy your big ego. Best of luck for your GMAT and Id love to hear any feedback!

Elizabeth Cady Stanton: Challenging Religion through the Women’s Right

Elizabeth Cady Stanton: Challenging Religion through the Women’s Right Movement Elizabeth Cady Stanton was a powerful writer who believed on the abolition of slavery and that women’s voice should be heard. Stanton, along with other members of the woman suffrage movement recognized how the Christian Church supported men’s oppressive behavior toward women. She realized that women’s position in the Church became so deteriorated that horrifying acts against women became justified and accepted by the public. â€Å"The only points in which I differ from all ecclesiastical teaching is that I do not believe that any man ever saw or talked with God, I do not believe that God inspired the Mosaic code, or told the historians what they say he did about woman, for all the religions on the face of the earth degrade her, and so long as woman accepts the position that they assign her, her emancipation is impossible.† Elizabeth Cady Stanton wrote these lines in the Woman’s Bible as a wake up call for women who were accepting and taking for gran ted their own value in the eyes of God. Moreover, Stanton was aware that she was fighting against an institution that has taken away women’s rights from its sacred books and conveniently has created a patriarchal nation that was the setting for a perpetuate abuse against women’s rights. The words of Thomas Aquinas, the thirteenth century Christian theologian, summarizes what the Church and society itself followed and still believed during the 19th century: â€Å" woman was created to be man’s help meet, but her unique role is in conception†¦since for other purposes men would be better assisted by other men.† Cady Stanton revises the Bible in 1881, considering that this action was needed, since no women participa... ... not acceptable according to the Christian Holy book. Therefore, solutions to women’s issues regarding men’s oppressive acts can be heard and God’s word would not be hold responsible for sexist behaviors that keep women into the darkness of silence. References Blaney, Mary. Role of Women in the Catholic Church. 14 April 2004. http://www.votf.org/papers/A WomansPlace.html Trinity Stores: Icons and Art, Religious Gifts, Catholic & Christian Products. 14 April 2004. http://www.trinitystores.com/main.php4?detail=39&artist=1 Women and the World. 14 April 2004. http://www2.dsu.nodak.edu/users/demeier/women/women.html Schools of 19th Century Christian Feminism. 14 April 2004. http://www.erasofelegance.com/gender2.html Stanton, Cady Elizabeth. The Woman’s Bible. The Complete Text in Two Volumes 14 April 2004 http://www.undelete.org/library/library0041.html

Behavioral Finance and Wealth Management

Some financial advisors are needlessly struggling with behavioral finance because they lack a systematic way to apply it to their client relationships. In my 2006 book, Behavioral Finance and Wealth Management, I outline a method of applying behavioral finance to private clients in a way that I now refer to as â€Å"bottom-up. † This means that for financial advisors to diagnose and treat behavioral biases, he or she must first test for all behavioral biases in a client, and then determine which ones a client has before being able to use bias information to create a customized investment plan. In my book I describe the most common behavioral biases an advisor is likely to encounter, explain how to diagnose these biases, show how to identify behavioral investor types, and finally show how to plot this information on a chart to create the client's â€Å"best practical allocation. † But some advisors may find this bottom-up approach too time-consuming or complex. So, I created a simpler, more efficient approach to bias identification that is â€Å"top-down,† a shortcut if you will, that can make bias identification much easier. I call it Behavioral Alpha, and the core of this process is four behavioral investor types. Over the next four articles, we will learn the four behavioral investor types and how to deal with each of these types of investors. For readers to understand behavioral investor types, they need to get a fundamental understanding of the 20 behavioral biases I outline in my book. In this article, we will review these biases that are encountered with actual clients, with a description of the bias and a classification of whether the bias is cognitive or emotional. Behavioral biases fall into two broad categories, cognitive and emotional, with both varieties yielding irrational judgments. A cognitive bias can be technically defined as a basic statistical, information processing, or memory error common to all human beings. They also can be thought of as â€Å"blind spots† or distortions in the human mind. Cognitive biases do not result from emotional or intellectual predisposition toward a certain judgments, but rather from subconscious mental procedures for processing information. On the opposite side of the spectrum from illogical or distorted reasoning we have emotional biases. Although emotion is a difficult word to describe and has no single universally accepted definition, an emotion is a mental state that arises spontaneously, rather than through conscious effort. Emotions are physical expressions, often involuntary, related to feelings, perceptions or beliefs about elements, objects or relations between them, in reality or in the imagination. Emotions can be undesired to the individual feeling them; he or she might wish to control their emotions but often cannot. Investors can be presented with emotionally based investment decisions, and may make suboptimal decisions by having emotions affect these decisions. Often, because emotional biases originate from impulse or intuition rather than conscious calculations they are difficult to correct. Emotional biases include endowment, loss aversion, and self-control. We will investigate both cognitive and emotional biases in the next section. The distinction between cognitive and emotional is an important one, because advisors will want to advise their clients differently based on which types of biases are being acted out. In the next four articles, we will use the biases described here a lot, so I encourage readers to get to know the biases presented here in concept. We will apply them to client situations in subsequent articles.

Literary Analysis Of The Outsiders - 1217 Words

The Same Sunset â€Å"Maybe the two different worlds we lived in weren’t so different. We saw the same sunset.† This is what Ponyboy thinks to himself as he was walking with Cherry after the movies. The Outsiders by S.E. Hinton takes place in Tulsa, Oklahoma in the mid 1960’s. This story is all about Ponyboy growing up around the conflicts between two societies. All of the main characters face many conflicts, which are mainly about their social statuses, about the rich and about the poor. In the story, Johnny kills Bob, who is Cherry’s boyfriend at the time, this causes Johnny and Ponyboy to hide out at an abandoned church; there is a fire at the church, and Johnny and Ponyboy save multiple kids, but injuring themselves in the process. Johnny†¦show more content†¦Cherry can be classified as emotional for a number of reasons. In one instance, Cherry and Marcia decided to leave with their boyfriends after the movies, so that they would not fight Po nyboy, Johnny, and Two- Bit. As Cherry was about to leave, she turns to Ponyboy and says, â€Å"I can fall in love with Dally Winston, I hope I never see him again, or I will† (Hinton 46). This is showing that it does not matter if Cherry is a Soc, she can fall in love with someone who is not a part of, or in her social status. Another example of her being emotional is when Cherry and Ponyboy are waiting in line for popcorn at the movies; Ponyboy is telling Cherry how Socs beat up Johnny bad. She then tells Ponyboy, â€Å"Things are rough all over† (Hinton 35). What Cherry is meaning is that even though most Greasers do not think so, Socs also have similar, yet different problems of their own that they deal with on a daily basis. It is clear that Cherry can be described as a very emotional character. Her red hair is not the only thing that is fiery about Cherry Valance. Fiery or hot-tempered are things that describe Cherry in many different situations throughout this n ovel. This is very clear when Dally was at the movies with Ponyboy and Johnny; he was acting very inappropriate around Cherry and Marcia while they were trying to watch the movie. Dally attempted to give them a Coke, so Cherry can â€Å"cool off.† Marcia did happen toShow MoreRelatedLiterary Analysis Of The Outsiders1661 Words   |  7 PagesThe Outsiders Literary Analysis Is the American Dream fact ? Or Fiction ? In the novel The Outsiders, the author S.E Hinton explains the story of a young boy named Ponyboy and the struggle to survive, to find out the rights and wrongs in society, taking on difficult challenges like social class, loved ones, loyalty and rivalry between two different social classes . The question is brought up, is the American Dream fact ? Or fiction ? 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