Thursday, November 21, 2019

People, Profit and Price Essay Example | Topics and Well Written Essays - 1500 words

People, Profit and Price - Essay Example Q2: What do you mean by income elasticity? Identify the symbolic form of income elasticity. Income elasticity of demand refers to the reaction of demand to change in consumers' income. In other words, it is the extent of change in demand to a change in consumers' income. Income elasticity of demand is calculated by the ratio of percentage change in demand to income (Anon., 2005, p.22). According to Anon (2005, p.22) it is represented as: Income Elasticity of Demand = In symbolic form, eY=  Where eY =Income elasticity of demand; Y =income of consumer, Q=quantity demand, Y=proportionate change in income Q: 3 what is mean by production function? What is the use of production function in production analysis? The production function refers to a technological relationship between input and output (Anon., 2005, p.50).It indicates the output of a business, industry, or economy for the input. When it comes to the use of production function in production analysis, assume a firm that uses N amount of inputs, such as, machinery, labor, and materials, for producing a single output. Production function (q=f(x)) is used to summarize the technological possibilities of that firm. Here, q represents the output and x=(x1, x2Ã¢â‚¬ ¦xn)' is an N?1 vector of inputs (Coelli, Prasada, Christopher and George, 2005, p.12). Q: 4 what are the characteristic features of free market economics? How are the central problems of resource allocation solved in such economic? Characteristics of free market economy include: consumers, producers, private owners, and government are primary actors, three actors (consumer, producer, property owners) are driven by self-interest while government is driven by social welfare, all factors of production are the property of private owners, owners have the right to buy and sell through market mechanism, competition exists when there is freedom to allocate resources. Decision making is decentralized since individual economic actors are free to allocate th eir resources. Resource allocation is defined by individual economic agents. Economic actors pursue their interest but resource allocation is in interest of society (Anderton, 2006, p.22). Q: 5 explain the term Ã¢â‚¬Å"economic costsÃ¢â‚¬ ? How do these differ from accounting costs? Use examples to illustrate your answer The economic cost (EC) is greater than the accounting cost (AC) because EC includes both explicit accounting cost and implicit cost which is the value of owner's personal resources.EC incorporates implicit costs that could have been gained when same resources are invested somewhere else. If a couple decides to invest \$100,000 on building for opening a restaurant. Implicit costs would be 3 percent or \$3,000 or the money earned from some other investment. It is because of different rate of return in mutual funds (9 percent) and capital investment (6 percent) on \$100,000(Musgrave and Elia, 2001). Task: 2 Explain the causes of market failure. Should market failure alway s invite government intervention? Discuss the different ways in which government intervene in the market. Give example in support of your answer? Introduction "Market failure is a blanket term used by economists to describe situations in which markets might not work and/or markets might

Wednesday, November 20, 2019

Is pricing promotion the most efficient online shopping market Essay

Is pricing promotion the most efficient online shopping market strategy to attract Chinese college students - Essay Example keting idea 21 Chapter#3: Methodology 22 3.1. Research Philosophy 22 3.2. Research methods 22 3.3. Research design 23 3.3.1. Purpose 23 3.3.2. Research option 23 3.4. Research Strategy 23 3.5. Time Horizon 24 3.6. Design of Sample 24 3.7. The process of research techniques 25 3.7.1. The collection of primary statistic 25 3.7.1.1. Questionnaire 25 3.7.1.2. The Interview 25 3.8. Ethical Considerations 26 3.8.1. The research process is affected by Ethical issues generally 26 3.8.2. Ethical issues during design the questionnaire 26 3.8.3. Ethical issues in the process of data collection 26 3.8.4. Ethical issues connected with the emphasis and analysis 27 3.9. Limitation of the research 27 Chapter#4: Analysis of questionnaire 28 Analysis of students choose online shopping 28 The analysis of students' online shopping expansion 28 The types of goods characteristics of online shopping 29 Criteria characteristics of college studentsÃ¢â‚¬â„¢ online shopping 29 Students choose online shopping w ebsite analysis 30 Analysis of problems encountered by students online shopping 30 College students think online shopping insufficient analysis 30 Analysis of characters of issues needs to be perfect 31 Analysis of College studentsÃ¢â‚¬â„¢ the prospection towards online shopping 31 Analysis towards Other factors 31 The interview to stuff of TaoBao 32 The standardization of websiteÃ¢â‚¬â„¢s specialized products and information 32 To maintain the level of moderately priced 33 Establishment of regional storage center 33 Accurate and efficient promotional strategy 33 Improvement of after-sales service 34 Seriously deal with complaints 34 Problem of college students shopping online 35 Business credit is low 35 The problem of security 35 Legal system for online shopping is not perfect 36 Logistics service of net purchases is poor 36 StudentsÃ¢â‚¬â„¢ consciousness of rights safeguard is weak 36 After-sales service of net purchases cannot be achieved 36 Countermeasures to enhance college st udents online shopping 37 Students should strengthen self-protection awareness 37 Industry self-regulation 37 Improvement of network technology 37 Enhance the integrity of online shopping 38 Enhance network security of the enterprise 38 Simplify the refund process 38 Improving the safety factor in the payment process 38 Develop specialized e-commerce law and legal system for online shopping 39 GovernmentÃ¢â‚¬â„¢s support 39 Strengthen macro-control and management of the online shopping market 39 Speed up the construction of information infrastructure 39 Improve the express online shopsÃ¢â‚¬â„¢ logistics service level 40 Introduction of the "logistics insurance 40 Chapter# 5: Conclusion 41 5.1. StudyÃ¢â‚¬â„¢s conclusion 41 5.2. The Limitation of this research 42 5.3. The direction of further study 43 6. References 44 Abstract This paper introduces Fujian University students for the survey and interviews stuffs from the biggest online shopping website in China-TaoBao, conducted a stud y to analyze college students online shopping situation. The study found that although the online shopping phenomenon is quite common among college students, especially penetration rate of boys online shopping is higher, but the integrity of the online shopping merchants, payment security, imperfect laws and problems of regulations towards online shopping restrict the development of e-commerce network. Because of

Monday, November 18, 2019

European Court on Human Rights Essay Example | Topics and Well Written Essays - 1500 words

European Court on Human Rights - Essay Example The Human Rights Watch (HRW), a global NGO, noted this weakness in implementation of human rights laws. "The development of norms has not been matched by effective means for their implementation." (Hicks, 2007) Implementation is further blocked by the current thinking that protection worldwide, and the threat to human rights continues to grow." (Hicks, 2007) Amnesty International also believes that today, "human rights are not only a promise unfulfilled, they are a promise betrayed." Amnesty International was referring specifically to attempts by various States to justify or conceal their violations of the absolute ban on torture, to the tragedy of Darfur, the failure to stop extreme and widespread violence against women, and the failure to pursue the people's economic, political and social rights (as embodied in the modest UN Millenium Development Goals). In the face of such serious challenges, the Human Rights Watch (HRW) called for UN Member States to rise and assume the role of human rights defenders. Not the US, since HRW believes that the US has compromised itself by human rights violations in its campaign against terrorism and in the war in Iraq (for instance, secret prison camps and ill-treatment and torture of prisoners). Also not Russia or China, since as HRW pointed out, the two countries are themselves major human rights violators, especially the rights of political dissenters. The Human Rights Watch urged the European Union to assume the role since it is "the world's leading collection of democracies, founded on a ECHR 4 commitment to human rights and the rule of law." At the same time HRW chided the EU, stating that "due in part to structural problems and in part to a lack of political will, the European Union's underperformance on human rights has left a gaping leadership hole." (Roth, 2007) EU: Waffling on Human Rights Issues The EU has made undeniable progress in setting up a European human rights system. Its Charter of Fundamental Rights, adopted in 2002, has defined the comprehensive civil, political, economic and social rights of all European citizens and residents, covering the following concerns: dignity, freedoms, equality, solidarity, citizens rights and justice. (Europa) "Human rights, democracy and the rule of law are core values of the European Union. Embedded in its founding treaty, they have been reinforced by the adoption of a Charter of Fundamental Rights. Respect for human rights is a prerequisite for countries seeking to join the Union and a precondition for countries who have concluded trade and other agreements with it." (European Parliament) The European Court of Human Rights (ECHR) is empowered to hear cases filed by individuals who believe that their rights were violated

Wednesday, November 13, 2019

Fundamentalist Christians and Negative Conceptions of Dungeons & Dragons :: Christianity Religion Essays

Fundamentalist Christians and Negative Conceptions of Dungeons & Dragons This paper is an attempt to explain the negative conceptions about role-playing games, especially claims that the games are Satanic. I will be using many primary sources from the Internet, most of which are from Christian websites, to determine precisely what is being claimed about the games. I will be using more academic sources in order to try to explain where the claims are coming from. As the websites primarily focus on Dungeons & Dragons (henceforth noted as D&D), I too will focus on this game. First I will examine the most common conceptions one by one and try to determine the source of each, and then I will examine the claims as a whole to give an overall theory about them. The first claim that IÃ¢â‚¬â„¢ll discuss is that D&D causes players to commit suicide. According to http://www.webzonecom.com/ccn/cults/satn10.txt, Dr. Radedki, Ã¢â‚¬Å"chairman of the National Coalition on Television ViolenceÃ¢â‚¬ , said Ã¢â‚¬Å"[t]here is no doubt in my mind that the game Dungeons and Dragons is causing young men to kill themselves and others.Ã¢â‚¬  A character in the Chick Tract Ã¢â‚¬Å"Dark DungeonsÃ¢â‚¬  commits suicide after her character dies in the game. The conception seems to be that players get so obsessed by the game, so enthralled, that when something goes wrong (like their character dying) they have difficulty dealing with the consequences. They have so much difficulty, it is claimed, that they sometimes kill themselves because of it. This claim appears to stem from a few different events. This brief history is agreed upon by a number of authors, but I am specifically using Brian WebberÃ¢â‚¬â„¢s account, from http://www.voicesofunreason.com/essays/dungeonsanddragonsnotasatanicgame, and Paul Cardwell, Jr.Ã¢â‚¬â„¢s article in the Skeptical Enquirer. The first event was in 1979, when a student named James Dallas Egbert III disappeared from Michigan State UniversityÃ¢â‚¬â„¢s campus. It was theorized by an investigator named William Dear that Egbert was lost in the steam tunnels under the campus, acting as a character in D&D. He was found about a month later, but his disappearance had already been highly publicized, starting a new public perception of the game. A year later Egbert committed suicide. In 1982, a boy named Irving Pulling II committed suicide.

Wednesday, November 6, 2019

An Occurence at Owl Creek Bridge essays

An Occurence at Owl Creek Bridge essays What makes Ambrose Bierce a realist Author "An Occurrence at Owl Creek Bridge" can be considered a work of realism for two reasons. The first is Bierce's utilization of his own military background giving this story a sense of realism. Bierce also conveys his pessimism after leading the reader to believe otherwise. This story provides social critique of the south during the Civil War. Bierce goes to great lengths to describe the opening sequence in terms of its military arrangement. He provides brilliant images of group formations and soldier stances like "a single company of infantry in line, at 'parade rest' the butts of the rifles on the ground, the barrels inclining backward against the right shoulder, the hands crossed upon the stock". He also takes the time to describe exactly how fortified the Owl Creek Bridge is. He shows his military experience by describing a road that stretches out of site and assuming that "Doubtless there was an outpost farther along". The procedures of a military execution were explained thoroughly including the code of conduct: "In the code of military manners silence and fixity are forms of deference". Bierce earned the nickname "Bitter Bierce early in his life for his pessimism. This is not evident in this story until the end. The third and final part begins with a sequence of miraculous occurrences allowing Peyton Farquhar to es cape from his hanging. The description of these events leads the reader to believe that Bierce is a Romantic author rather than a realist. The rope breaks dropping him into the creek. He then uses his "superhuman strength to remove the rope from around his neck. Peyton is then blessed with better senses seeing the veins on leaves in the forest and hearing gnats and dragonfly wings in the distance. Then he sees the eye of a marksman on the bridge through the range on the rifle. Amazingly, this marksman misses what should be an easy target and allows Farquhar to...

Monday, November 4, 2019

Examine the view of British Class and society that Lindsay Anderson Essay

Examine the view of British Class and society that Lindsay Anderson provides in the films If....(1968), O, Lucky Man (1973) and Britannia Hospital (1982) - Essay Example He later wrote for Sight and Sound, a journal for the British Film Institute and the New Statesman, a left wing weekly. He lashed at contemporary critics and their objectivity pursuit in one article for Sights and Sounds. Anderson went on to develop a philosophy concerning cinema, which was christened the Free Cinema movement in the latter part of the 1950s. This philosophy held that cinema in Britain needed to break off from the class-bound attitudes it projected and that the national screens needed to be adorned with stories of non-metropolitan Britain. This paper seeks to examine three of AndersonÃ¢â‚¬â„¢s films: Ã¢â‚¬Å"If...Ã¢â‚¬ , Ã¢â‚¬Å"O, Lucky ManÃ¢â‚¬ , and Ã¢â‚¬Å"Britannia hospitalÃ¢â‚¬  and the view of British class and society that they provided. The use of the word new wave to describe cultural phenomena is a vital metaphor that when extended and scrutinised further allows one to picture the deep up currents and swellings that formed the wave (Allon, 2007 p7). These films challenged the old norms and were driven by an amalgam of social-democratic and liberal sentiments, which can ironically be viewed as a portion of the success of the economic boom in Britain that allowed the eraÃ¢â‚¬â„¢s youth to dream, in relatively secure economic mind-frames, about futures other than those that had been held as the norm. Perhaps a perfect example is IfÃ¢â‚¬ ¦, which came at the tail-end of the New WaveÃ¢â‚¬â„¢s phase of social realism and had a nature that was ambiguous in both its recognition of a rapidly changing and expanding British future and its style, both in technique and theme. After his vital role in the Free Cinema movement development, he was involved integrally in the social realist filmmaking of the British New Wave (Anderson et al, 2007 p45). His movie This Sporting Life, based on flashbacks, was viewed as having too much intensity and purely naturalistic. In 1968, Anderson made

Friday, November 1, 2019

ASSIGNMENT SHEET -- BUSINESS LETTER Essay Example | Topics and Well Written Essays - 500 words

ASSIGNMENT SHEET -- BUSINESS LETTER - Essay Example You want \$10000 in compensation. You attached a photo of the frog with the letter. However, with uttermost sincerity, it is my pleasure to inform you that Wal-Mart is a large and renowned company countrywide and the error that may have erupted during your consumption of our goods must have been an external factor rather than one caused by our own incompetence of quality service delivery. It is our duty to ensure that the usual high standards of our goods are maintained. Like mentioned above, am afraid we may not consider the misfortune you experienced a result of our incompetence since the company is a government certified company, with the entire permit to deliver these commodities to the customers. I did all the necessary investigations concerning our storage facilities and am happy to note that they are up to standard. We pack our goods with the greatest care, and we can only presume that the goods must have been mishandled after purchase. We always see to it that each vegetable mix is well checked before actual packing. The containers in which we store the veg etables are thoroughly cleaned on a daily basis thus cannot attract any pests whatsoever, leave their survival in there alone. The health officers also investigate us every month to see to it that our commodities are up to the standards; otherwise, there are high chances that we would have been closed down by now. I presume you must have bought a sealed product, as you did not mention that in your claim letter. However, being a loyal customer to Wal-Mart Company, and to show our goodwill to our customers, we are willing to extend a gesture of our kindness by allowing you a free shopping of goods of the same value or even dispatch the same to your area of residence. It is sad to note that your \$1000 plea is rather too much and unacceptable especially when we are most innocent of the allegations. Wal-Mart may not be ready to offer that, especially for a foul not