Economics assignment (short answer questions) Example | Topics and Well Written Essays - 1000 words

Economics (short answer questions) - Assignment Example This is because many workers are unwilling to take pay cuts hence inflation helps to reduce the purchasing power of their paychecks. In the ‘Deck the Halls with Macro Follies’ video, two main ideas or arguments in relation to the growth of the economy are presented. First, it is argued that spending does not help grow the economy. Contrary to what many believe, excessive consumption does not contribute towards economic recovery. Secondly, in order for meaningful and sustained growth to be realized, there is need to delay consumption today and concentrate on saving. This will help increase production which helps the economy to grow since growth is facilitated by supply. Too much spending is not good for the economy. In his book End this Depression now, Krugman argues that Europe’s ‘Big Delusion’ is the belief that the economic crisis in Europe was as a result of fiscal irresponsibility. It is the belief that countries operated on budget deficits and this go them into debt. As a result, the approach to dealing with the crisis has more or less been a moral one where countries are believed to have sinned. Focus has been on this big delusion and little attention has been given to other evidence. The V Sauce video ‘How Much Money is there on Earth’ highlights a number of ideas related to money and world currencies. Two major things were learnt from the video. First, there is a lot of money kept by individuals as loose change. This money, if collected, can be put to good use. For example the loose change in America is estimated to be 15B dollars. In addition, I have learnt about the definitions of money on the planet: M0, M1, M2 and M3. Secondly, I have learnt about the Tinkerbell effect. This is the belief that money is valuable, and this helps to attach meaning and value to FIAT money. The main objective of advertising is to sell. It helps to communicate information aimed at persuading consumers to buy. Companies decide to place an ad in the

Corporate social responsibility Essay Example | Topics and Well Written Essays - 1500 words - 1

Corporate social responsibility - Essay Example The primary object of business is to supply quality goods and services to the consumers through the creation of utilities. Peter Drucker (1974) enumerates 8 key areas in which objectives of performance and results are to be set. They are marketing, innovation, human organization, financial resources, physical resources, productivity, social responsibility and profit requirements. Every business organization like everyone, lives in the midst of laws of the land, government regulations, economic conditions, changing consumer preferences, technological changes, culture, values system and business ethics of the society. All these factors constitute the business environment. A business organization and its environment are mutually interdependent, interacting with each other continuously. Environment is the supra-system of which the firm is only a small subunit. It can survive and thrive only when the environment desires its output of goods and services and is prepared to approve of an end orse its activities. Business organization had grown from the time immemorial, with the advent of industrial revolution, business organization, controlled by few thrive towards profit maximization. Industrial revolution changed the whole concept of business and capitalistic approach and individual profit making takes the prime objective. But during the 20th century it has changed. More democratic governments and their control but a brake on profit maximization tendencies of the organization and diverted them towards employee welfare and social welfare activities. Governments through various legislations are safeguarding interest of employees. Later on due to technological innovations and global connectivity the whole concept of business has changed. Development of technologies posses’ opportunities and uncertainties as well as risk and challenges, which can make or mar the future of business. Economic environment such as changes in competition, demand, lifestyle, consumer

Scientific literacy questions Essay Example | Topics and Well Written Essays - 500 words

Scientific literacy questions - Essay Example Kepler developed the laws of planetary motion in 1605 CE. The laws state that the orbit of every planet is an ellipse around the Sun. In 1610 CE, Galileo published the first scientific treatise based on observations made through a telescope. When he publicly supported heliocentrism, he met with clerical opposition from the Roman Catholic Church. Galileo was warned to abandon his support for a Sun-centered cosmology, but. he later defended his views, he was tried by the Inquisition, forced to recant and spend the rest of his life under house arrest. Today, we accept that neither the sun nor the earth is the center of the Universe. The motivations of empiricists vary with the gestalt of their time. The earliest astronomers were in fact astrologers. People believed divination of the future was possible from the study of the motions of heavenly bodies. Philosophers have often viewed astrophysics as a corporeal method of simply understanding physical reality and our place in the cosmos. P hysical scientists sought answers to pressing questions based interpretations of observable data. This path from subjective to objective knowledge raises an interesting question for our egos. In 1961, Frank Drake formulated a method of estimating the likelihood of extraterrestrial life (PBS). The Drake equation states N = R* fp ne fâ„“ fi fc L; where, N is the number of civilizations in our galaxy, with which communication might be possible, and: Current estimates of the values of the variables follow. Where, R* = 7/year, fp = 0.5, ne = 2, fl = 0.33, fi = 0.01, fc = 0.01, and L = 10,000 years; N = 7 Ãâ€" 0.5 Ãâ€" 2 Ãâ€" 0.33 Ãâ€" 0.01 Ãâ€" 0.01 Ãâ€" 10,000 = 2.1. Thus, two communicative civilizations probably exist in our galaxy at any given time, on average. Furthermore, there may be up to two hundred more that are not trying to communicate, and there are billions of galaxies like ours. Based on this reasoning, it seems fallacious to believe we are perfectly unique in

Strategic management Case Study Example | Topics and Well Written Essays - 500 words - 4

Strategic management - Case Study Example Thirdly the financial strategy is also responsible for impressive performance. Due to the image created the company’s profits have risen drastically as well as stock prices which presents the company with a solid capital base. The location strategy is another strength at Starbucks that helps fuel the superior financial performance. The company’s sophisticated strategy of location informed by a thorough analysis of demographics has seen expand to prime locations locking out competition. In some instances even Starbucks’s stores are located on opposite ends of busy streets to get hold of the traffic going in either direction of the streets. A key resource at Starbucks is the people; on the background that employees who are motivated offer good service to customers, training is emphasized. They are also given a compensation package and benefits that are better compared to the industry averages. The company also owns its stores and sells its own coffee roasted in-house. Through careful analysis of demographics they are able to identify and locate their stores in prime areas locking competition. Through extensive training and emphasis on selling more than the coffee the company has developed a key competence of providing top class customer services through motivated employees. The company is also capable if attracting a lot of repeat customers with customers visiting the stores at an average of twenty times on a monthly basis. The net effect is that the company is able to rapidly grow and perform well in terms of finances. I think Starbucks preference of owning its stores is informed by its production strategy of selling its own products in a coffeehouse setting. It has also devoted a considerable attention to the design of stores so as to provide customers with an informal atmosphere of comfort and relaxation. It sells more than just the coffee and as such by owning its stores the company is able to influence a number of factors

Graduate reflection paper 4(b) Essay Example | Topics and Well Written Essays - 2250 words

Graduate reflection paper 4(b) - Essay Example This means they must understand the specific needs of the organization and understand what needs to be evaluated and why. They will need to be able to lead training for a diverse group of employees and understand how these evaluations tie into the training. I believe that knowledge is synonymous with education and a strong leader must understand how to deal with a diverse group of people under a variety of circumstances. I believe in the God centered approach and that all knowledge and wisdom becomes known through inspiration and revelation, through nature and the written word of the Bible. The Bible is consequently a valuable sourcebook for those in quest of genuine wisdom and the Christ is still the great teacher to those who read his words. This worldview creates a foundation for my leadership and helps me understand how I want to lead at any given moment. I rely on my faith to help me when I am not sure what to do in a situation. The many experiences that I have had both in work and in growing up have shaped my view of leadership. As an example, when I worked with my family on our farm, I learned individuality. I also learned about consistency and hard work which are two attributes that still are very important to me. I also learned about multigenerational pride and this was expressed in our home and in how we served our neighbors. In serving the neighbors, I understood that I would be serving others as part of my life work because it appealed to me and it was important to my family. When I think of evaluation and assessment, I go back to education as the primary focus of assessment. As a professor, I am faced with assessing my students continuously. As stated in other papers, I begin all my classes with a personality test that gives me an understanding of each student and their potential. Angelo and Cross (1993) suggested that the process of assessing students in their

Harsh Parenting during Adolescence Research Paper

Harsh Parenting during Adolescence - Research Paper Example More often than not these social constraints are enforced and reinforced by parents. (Choudhury, Blakemore and Charman) A variety of reasons are prescribed for parental control including (but not limited to) the rebellious attitude of teenagers, the parent’s desire to make the individual more conforming to their ideals and ideologies and the need to make the individual more compliant to social norms and values. These objectives are met by parents in a variety of ways. The relationship between teenagers and parents is generally a rocky one. In order to exert their influence, parents may resort to physical and emotional coercion. (Kelley) Such parental behaviour is seen to affect adolescent growth and their adult behaviour negatively. Most adolescents with coercive parents are known to develop aggressive symptoms later in life. This aggression may be emotional or physical and may continue throughout an adult’s life unabated. (Pedersen) Though the effects of parental contr ol on adolescent behaviour are well documented but the immediate outcomes have been historically overlooked. Parents exerting themselves on children encourage the growth of individuals who are seeking chances to overthrow the established regime of parental control. The results are often disastrous such as school shootouts such as the Columbine massacre. Moreover, teenagers may resort to joining gangs or resort to drug use in order to exert their independence. It remains notable here that all forms of parental control result in deviant social behaviour. Therefore it can be hypothesised that excessive parental control during adolescence can lead to an increase in deviant behaviour in society. This text attempts to analyse such a relationship through secondary research. Literature Review Numerous studies have been conducted in order to clarify the connection between parental exertion and resulting adolescent behaviour. Various perspectives and aspects have been covered through these st udies. This text was prepared by reviewing a few instrumental studies and their results which are discussed below. The distinction between physiological control and behavioural control for human beings has long been established firmly. (Baumrind) Baumrind’s study was conducted over a fourteen weeks period where he observed three different groups of children. The behaviour of each group was markedly different. One group was composed of energetic and friendly children while another group was composed of conflicted children who were irritable. The last group was composed of impulsive and aggressive children. The parents of these children were interviewed to discern the distinct patterns of parenting. There is an overwhelming tendency to combine these two aspects of human control and to study their effects together. Such an approach is hardly considered feasible as it tends to coalesce related aspects so that they are not distinctly recognisable anymore. For example the psycholog ical effects of beatings on a child who is being cajoled psychologically as well cannot be distinctly related. The typological approach developed by Baumrind is highly helpful in this regard as it delineates categorical distinctions to psychologically and behaviourally controlling parents. For example, authoritative parents are represented as being warm and accepting. Such parents tend to establish strict behavioural guidelines but promote psychological

Ashitaba herb Essay Example for Free

Ashitaba herb Essay Ashltaba Is a large herb that grows primarily In the central region of Japan. Its root, leaf, and stem are used to make medicine. Ashitaba is used for heartburn, stomach ulcers, high blood pressure, high cholesterol, gout, constipation, and fever. It is also used for cancer, smallpox, fluid retention, blood clots, and food poisoning. Women use it to increase the now ot breast milk. The fresh leaves and dried powder are used as food. There is not enough information to know how ashitaba might work. Some chemicals in ashitaba seem to work as antioxidants. Other chemicals might block secretions of stomach acid. But most research has been done on animals or in test tubes, not people. *Disadvantages Pregnancy and breast-feeding: Not enough is known about the use of ashitaba during pregnancy and breast-feeding. Stay on the safe side and avoid use. The appropriate dose of ashitaba depends on several factors such as the users age, health, and several other conditions. At this time there is not enough scientific information to determine an appropriate range of doses for ashitaba. *Advantages One of the fundamental actions of Ashltaba Is that It is great at activating Blood. The application for this is apparent in the treatment in the menstrual problems. It removes stagnation in the uterus, which will help with many menstrual difficulties. It also increases blood flow. Ashitaba is a useful Lactagogue, that is, an agent which Induces the secretion of mothers milk. There Is anecdotal evidence from Japan of a cow that was fed Ashitaba and had record milk production. By analogy, Ashitaba could be used with mastitis or low milk production after delivery.