Sustainable Market Offering And Situation Analysis †Free Samples

Question: Discuss about the Sustainable Market Offering And Situation Analysis. Answer: Introduction The technology is advancing at a breakneck speed. Even before people get accustomed to the technology, advanced versions are already launched in the market. Along with technology,marketing has also come a long way. It is important to develop new and improved sustainable market offering and perform situation analysis to promote and sell the product in the market. This report discusses the importance of sustainable market offering and corresponding situation analysis by taking smart watch as the case study. It explains the concept of new and improved sustainable offering using creative problem solving (CPS) strategy.Different marketing strategy tools such as PEST and SWOT analysis are utilized to understand the factors affecting marketing. The report is divided into different sections. Section 2 describes CPS principle in solving marketing problem. Section 3 explains the concept of sustainable market offering. Section 4 explains the concept of suitable analysis by utilizing PEST and SWOT marketing tool. Section 5 concludes the paper. CPS CPS stands for creative problem solving and as the name suggests is a strategic tool to develop solutions to the marketing problem (Armstrong et al. 2014). It involves the following steps. Problem identification: With people becoming more and more tech-savvy, the need for having everything at one go has become the goal of the people. The conventional wristwatch has many disadvantages, which led to the invention of smart watch. The wristwatch lacks many facilities such as GPS, music, checking notifications, making calls, and the most trending fitness app (Shirazi and Henze 2015). Wearable technology is the new trend in the market. The possibility of having the whole technology on your wrist has attracted many customers (Rawassizadeh, Price and Petre 2015). This has led to the downfall of wristwatch. Problem delineation: The major problem discovered with wristwatch was the inconvenience faced by the people. The people found it unnecessary to have extra weight on their wrist for the sole purpose of keeping track of time. Mobile phone has replaced wristwatch as cell phones can perform the function of timekeeper and much more with ease. Many people categorized wristwatch as old and outdated, and the day was not far when it would have soon become fossil (Proctor 2014). The manufactures redesign the wristwatch by trying to making it more fancy and appealing. However, if the product does not provide solutions to the problem, the productivity of the product will decrease (Adapa et al. 2017). In order to recapture the interests of the people, smart watch came into existence. Information gathering: New York Times reported the decrease in the sale of wristwatch from 2008 as the younger generation preferred smart watch as compared to the traditional watch. The wristwatch industry has witnessed increase in the sale in 2010; however, it was found that the buyers fall into the older sections of the society who are aged 65 years and above. According to the Economists, the future of smart watch is very bright, with the growth rate to increase to 23% in the coming five years (Economist.com 2017). Idea generation: Smart watch is the new trend in the society. It is widely used by the people due to its multi-feature facility. It is an internet of things. It has a host of applications such as it enables to make calls, receive notifications, listening to music, customization and navigation facility, and installed with fitness app (Proctor 2014). Idea evaluation and refinement: The prominent feature is the fitness app. It is enabled with fitness trackers, which can help people to manage the health and work at the same time. As people are nowadays more health concerned, this app will definitely make them feel worth about the money spent. Moreover, the notification app is helpful as it prevent the need to check the mobile phone frequently (Shirazi and Henze 2015). Everything is accessible by just one click. With the increase in the simplicity in everydays work, smart watch has given a new outlook to the people. Sustainable market offering The smart watch is a complete package in itself. The product promises to fulfill all the unmet needs of the customers and provide a better solution to their problems. It is solely a customer good, made for and by the people. It is designed to provide the customers comfort and accessibility that were lacking in the conventional watch. The first and foremost feature of smart watch is its one in all applications (Cecchinato, Cox and Bird 2015). The able to monitor the incoming messages, e-mails, and calls without the trouble of removing phone from the pocket is an exciting feature of smart watch. Not only in the ease of use, but also smart watch is widely used in health care sector. It provides facilities to monitor heartbeat, respiratory rate, and installed with fitness tracker. It can also function as a pulse oximeter (Ehrler and Lovis 2014). Apart from that, apple smart watch provides waterproof and durability facility. Smart watch also encourages social etiquette in the users. It is considered rude and impolite to check cell phones while having conversation with others. Moreover, checking mobile phones in office and college can be problematic sometimes. Smart watch solves this problem with just one touch. It is easier, comprehendible, subtle, and user friendly (Cecchinato, Cox and Bird 2015). Along with monitoring both health and work, it also provides recreational facilities through music. Thus, you can achieve fitness while enjoying music and an inbuilt GPS. With all the application in one watch, it is economical to the user too (Adapa et al. 2017). Hence, it provides economic, social, and environmental sustainability benefits to the people (Peattie 2012). Situation analysis Situation analysis assists in designing appropriate marketing plan. It provides better understanding of the market by assessing the different external and internal factors affecting the organization and its product (Armstrong et al. 2014). PEST and SWOT are the two well-known strategies utilized for designing proper marketing plan (Ho 2014; Hollensen 2015). 4.1. PEST analysis It is an acronym for political, economical, social, and technological factors influencing the market (Ho 2014). Political factors: Australia is considered one of the leading countries for embracing technological advancements. It was reported that the government for the development of new technology and innovations invests an estimate of $2.9 billion (Economist.com 2017). Economic factors: The sale of smart watch has increased considerably over the years. Apple smart watch is leading the market, with the sale figures reaching up to millions (Economist.com 2017). This shows the buyers considered it affordable and worth the money. Social factors: Smart watch is a trend in the society. It has entered the social class. Not only the younger generations, but also the older generation in Australia finds the new technology captivating and exciting (Ehrler and Lovis 2014). Technological factors: Technology in Australia is always at its peak. The rapid advancement of the technology and the increase in the sale of the smart watch has decreased the production costs (Friedman 2017). In a short time, it will replace the mobile phone and become an indispensable part of the society. SWOT analysis SWOT is an acronym for strength, weakness, threats, and opportunities and is the most important management tool to study the market and the position of the product (Armstrong et al. 2014). Strength: It provides many features in one device promoting one in all application. It helps to check notifications, receive calls, e-mails with just one click (Shirazi and Henze 2015). It is easier to use, comprehendible, feasible, and subtle (Cecchinato, Cox and Bird 2015). It helps to remain fit and healthy with the fitness tracker app. It provides recreational benefit with the music app. It provides customization option. It provides navigation tools (Friedman 2017). There are no battery life issues. It encourages social etiquette behavior. It is helpful in health care sector to monitor heart and respiratory rate (Ehrler and Lovis 2014). Weakness: It provides inaccurate data for the physiological measurements. There is lack of charging facilities and the cables are uncomfortable and arduous (Cecchinato, Cox and Bird 2015). Tiny screen causes visibility problems and is a challenge for usability. Cost of productivity. Opportunities: Many researches are still in progress to add new and advanced features to the smart watch that will attract the buyers. Increase in the number of buyers will increase the sale and market for smart watch. Promotion of smart watch is easily achieved through digital marketing (Hollensen 2015). Threats: Increase in the competition among the organization (Friedman 2017). Increase in the presence of substitute products in the market. There are different government norms and regulation for wearable technologies (Rawassizadeh, Price and Petre 2015). Market and customer analysis The growth in the market of smart watch is tremendous with the revenue generated is in billions. With the addition of new features, the number of customers opting for smart watch has also increased considerably (Peattie 2012). It provides a potential market for the customers in the coming years. It has met the different cultural, social, economical, and social needs of the customers. Conclusion Wearable technology is the new buzz in the technology industry with smart watch leading the industry. It has become consumers first choice with the new features and applications. It has made its way into the health sector too. Thus, it is now possible to manage work and health at the same time with smart watch. Everything is within the reach of the buyer with just one touch. It provides the possibility of having the whole technology at your wrist. Thus, there is sustainable market for smart watch in the near future. References Adapa, A., Nah, F.F.H., Hall, R.H., Siau, K. and Smith, S.N., 2017. Factors influencing the adoption of smart wearable devices.International Journal of HumanComputer Interaction, (just-accepted). Armstrong, G., Adam, S., Denize, S. and Kotler, P., 2014.Principles of marketing. Pearson Australia. Cecchinato, M.E., Cox, A.L. and Bird, J., 2015, April. Smartwatches: the Good, the Bad and the Ugly? InProceedings of the 33rd Annual ACM Conference extended abstracts on human factors in computing systems(pp. 2133-2138). ACM. Economist.com. (2017).The Wear, Why and How. [online] Available at: https://www.economist.com/news/business/21646225-smartwatches-and-other-wearable-devices-become-mainstream-products-will-take-more [Accessed 26 Aug. 2017]. Ehrler, F. and Lovis, C., 2014. Supporting elderly people with smartwatches: Advantages and drawbacks.Studies in health technology and informatics,205, pp.667-71. Friedman, U. (2017).A Brief History of the Wristwatch. [online] The Atlantic. Available at: https://www.theatlantic.com/international/archive/2015/05/history-wristwatch-apple-watch/391424/ [Accessed 26 Aug. 2017]. Ho, J.K.K., 2014. Formulation of a systemic PEST analysis for strategic analysis.European academic research,2(5), pp.6478-6492. Hollensen, S., 2015.Marketing management: A relationship approach. Pearson Education. Peattie, K., 2012. Sustainable marketing: marketing re-thought, re-mixed and re-tooled.Saren, M.; Maclaran, P.; Goulding, C, pp.193-207. Proctor, T., 2014.Creative problem solving for managers: developing skills for decision making and innovation. Routledge. Rawassizadeh, R., Price, B.A. and Petre, M., 2015. Wearables: Has the age of smartwatches finally arrived?Communications of the ACM,58(1), pp.45-47. Shirazi, A.S. and Henze, N., 2015, August. Assessment of notifications on smartwatches. InProceedings of the 17th International Conference on Human-Computer Interaction with Mobile Devices and Services Adjunct(pp. 1111-1116). ACM.

Spirit Catches You an Example of the Topic Psychology Essays by

Spirit Catches You by Expert Prof.Ashley | 01 Dec 2016 How do traditional Hmong birthing practices contrast with American birthing practices? Need essay sample on "Spirit Catches You" topic? We will write a custom essay sample specifically for you Proceed What can be initially noticed is that Hmong birthing practices takes a lot of time because of the different ceremonies involved as opposed to the American birthing practices-baptism comes a few days or weeks after birth, I believe. As read from the first few parts of Chapter one, child delivery in Laos had a great difference opposed to child delivery in hospitals such as the American hospital in the story. Mothers would have squatted right on the dirt floor of their hut, pulling the baby out of her womb and had to stay silent to avoid waking the other children sleeping on the floor. When you compare this with child delivery in hospitals, they would have to lie on a metal table with sterile drapes, receiving no anesthetic. Well, it is the process of child delivery in any hospital. Once the baby was born in Laos, the father cuts the umbilical cord and then ties it with a strand of string. In the United States, the baby's umbilical cord would be cut, unless the father wants to do it-if he is present. In hospitals, the placenta would have been disposed of. In Hmong culture, it was buried by the father under specific places depending on the baby's sex. If it were male, the placenta would have been buried at the center pillar of the house, which supports the roof. If it were female, it would be buried under the parents' bed. If the Hmong mother experiences some difficulties, she would consult a shaman-the medicine man of their group. In hospitals, the doctor and medical staff attend to the mother if she needs help. This was also shown when Foua Yang gave birth to Lia in a hospital. She was impressed by the medical staff's attending to her needs. The name giving was also different. In American birthing practices, the name of the child was decided by the parents, or even just one of them, after child birth. In Hmong culture, the parents may initially decide on the name but it was the soul-caller and elders who had the final say. The name was important to ensure the child's health. How is the political history of the Hmong people important to Lia Lee's story? The Hmong's political history showed a lot of changes and hardships that this ethnic group had to undergo in the past. They experience oppression from the Chinese, who greatly resented them and dubbed them as barbaric in nature. After the Chinese, the French entered the picture which somehow learned how to cooperate with them by making opium as their way of paying their taxes. Then during the Vietnam War and Laotian Civil War, the Americans entered the picture. In this war, they experienced the greatest changes to their supposed simple way of life. In telling's story and experience in America, some characteristics that were evident on Hmong people in Merced (in's story) can be traced back to the characteristics of their ancestors, especially during the Chinese and American chapters. The Hmong patients in the hospital (MCMC) tend to be stubborn most of the time. They were not willing to take any orders and would prefer to apply their traditional methods of healing rather than the Amer ican medical methods. The Lees were not exempted from this stubbornness as they would refuse or do not wish to comply with the Doctors' orders. Furthermore, they tend to neglect and ignore what the doctors' would suggest. This arrogant and proud attitude almost cost them the life of their daughter Lia-well in the end, it did as she seemed lifeless. Even so, this long-standing Hmong pride created a greater barrier between's parents and her doctors as confusion brewed within them. The Hmong political history generally explained why there is confusion between's parents and her doctors while's life is at stake. It simply explained why the Hmong were not good at cooperating with other people, especially the Americans since they experienced the great drastic changes during the Laotian Civil War. How do Hmong concepts and treatments of Epilepsy differ from American concepts and treatments? In Western medical history, epilepsy was considered as a disease with various origins. Until now, it is still considered as a disease. In the story, the Americans considered it as a disease which needed to be cured, and it can be cured given that the right medicine was administered. In the case of Lia, the medicine was given to her parents, for them to administer it to her. Due to confusion and lack of orientation on how to administer such, the parents ended up neglecting the doctors' orders. This caused various instances wherein Lia got sicker than usual or had more seizures than usual. Most American doctors in the story saw epilepsy as a disease that needs to be treated or studied. This explains why Lia was given different kinds of medicine to help heal her condition. In Hmong culture, epilepsy can be both life threatening but at the same time a blessing since it was mentioned that the sign of epilepsy would mean that a healer's soul is entering the body of the epileptic. Those who possess such a soul would generally mean that he or she was destined to become a shaman; it was regarded with high honor. This explained why's parents experienced a mixture of concern and pride towards their daughter's condition. The Hmong's concept clashed with the doctors' since it does not really explain much, in medical theory. For the doctors, it was a disease that needs to be cured and nothing more. Growing concern from the parents opt them to also use traditional medical methods like taking Lia to a Shaman since a Hmong shaman should know how to heal her. The doctors insisted on giving her antibiotics and other medicines that can supposedly stop her seizures. What assumptions underlie Western medicine and science? The Hmong have managed to keep their cultural beliefs as pure as it can be. Although when the Laotian Civil War forced them to migrate further, they experienced a cultural dilemma since many of them moved to America, specifically in the town of Merced. Their culture clashed with that of the Americans and since their most dominating trait is their sense of pride and their refusal to surrender, it was hard for them to adapt the different medical methods that the Americans used in hospitals. Take surgery as an example. The Hmong would refuse such done to them because it was taboo. The Hmong also mentioned that blood was finite and it should not be wasted but they saw the doctors keep taking blood. This image has frightened them to the extent that they would refuse to cooperate or go to medical doctors. They would always prefer the shamans over the doctors because they seem to have received better care from these shamans. One comparison is related to diagnosing the illness of the patient . The shaman can quickly identify it while the doctor would run different tests to identify the illness however, not all tests successfully identify the kind of illness and its source. Even though there were a lot of American medical methods introduced to the Hmong, antibiotics seem to be the only one that they would accept since it may be equated to their medicines. Other than that, it does not seem to pose a threat to their life, unlike surgery or anesthesia-Hmong believe that their soul wanders off hence causing illness and even death to the person. Due to this conflict in beliefs, the Hmong were not willing to cooperate with the medical team in the refugee camps. Some also carried this trait with them to the United States. How did the political history of the Hmong people affect's treatment? The Hmong often experienced hardship throughout their history. They fought against the oppressing Chinese, which forced them to migrate to Indochina. They encountered the French and rebelled against the taxation until they reached a compromise. Then they experienced the devastating Laotian Civil War, upon which they were conscripted by the American government to fight against the communist; of course, they did not hesitate to do so. The war also caused them to migrate more frequently than usual. They were also forced to walk towards the border of Thailand since the planes that were supposed to fly the refugees out were not enough. The Lees were part of this group and experienced some hardships along the way. Their son died since her mother was not producing breast milk-this is due to her not eating most of the time during the endeavor. The Hmong were proud people hence they would rather endure these hardships than surrender. Since they experienced the death of their child during the past, the Lees were determined not to let such happen to Lia. The Hmong cared so much for their children since they considered them as the most valuable treasures. Hence, they tend to always get in the way of the doctors. Their emotions seem to run rampantly-well it is understandable since it is their child's life at stake. There would always be confusion between the doctors and's parents. The Hmong pride prevents them to reach a proper understanding between them hence resulting to the neglect of's proper medication. The doctors were also at fault as they failed to understand the Hmong culture. They could have learned their culture first so that they could reach a proper compromise with the Hmong. What did you gain from exploring your own assumptions and looking at a situation from multiple cultural perspectives? Well, misunderstandings between people from two or more different cultural backgrounds are generally caused by their differences in terms of traditions, rites or rituals, and their way of life. Some cultures may be simpler than the other just as what can be read from the story. This often causes confusion between the dealing parties as they would fail to understand each other. I think that both should learn each other's cultural, traditions, methods, and backgrounds in order to avoid confusion. By learning the cultural traditions, I believe they would be able to easily reach a compromise wherein both parties would consider as good since it would reach their goals. This is what's parents and the doctors failed to do in the first place hence causing her further pain. As much as any reader would say, I learned that an ethnic group, who successfully maintained their traditions, could not simply adapt to a new way of life-in the case of the story, the American culture. Frankly, it is because of high regard for these traditions that they successfully maintained it in the first place. Clashing directly and abruptly with another culture may only result to more confusion and rejection. It may definitely take time before adapting to the different cultural changes although it may also be worth the time. If experiencing a situation wherein different cultural perspectives come into play, the best possible solutions would be to see things eye to eye. They should learn from each other's set of beliefs. After that, they could formulate an understanding in which both would be able to solve the situation in an organized fashion. Cooperation is the key. In general, how do Western and Eastern approaches to medicine differ? The best way to describe Eastern medical methods is it heals both body and soul as Eastern doctors would see these two as equally important. In Western approaches, the body seems more important since it is after all what houses the soul. The major difference would be the fact that Eastern medicine is generally more traditionalized as opposed to their Western counterpart. Take the Chinese as an example. They were still able to keep the traditional medicine and remedies from Ancient China-like the bear's paw, tiger's claw, and an array of herbs. These kinds of medicine would generally be taboo for the Westerners-some would deem it barbaric. Eastern medical methods also rely on traditional prayers and rites in order to heal the patient's body and soul. Sacrifice was also present. In Western medicine, an array of tools was used. Surgery was the key method in the Western practice. They would run tests, use tools and chemicals, and confine patients in hospitals in order for them to determine and cure the disease. In other words, the Western approach may be considered more logical while the Eastern approach had a more traditional influence. References Fadiman, Anne. The Spirit Catches You and You Fall down: a Hmong Child, Her American Doctors, and the Collision of Two Cultures. New York, Farrar, Straus, and Giroux, 1997. Kavalier, F. The Spirit Catches You and You Fall Down." Bmj, vol. 341, no. jul07 3, July 2010, pp. c3524-c3524. doi:10.1136/bmj.c3524. The Spirit Catches You and You Fall Down." Wikipedia, Wikimedia Foundation,en.wikipedia.org/wiki/The_Spirit_Catches_You_and_You_Fall_Down.

Alcotts Luminous Crystals essays

Alcotts Luminous Crystals essays Robert Alcotts Luminous Crystals were truly beautiful, amazing works of art. It was my first time to an art show and I was able to attend the opening so that made it an even more memorable experience. I was very impressed by his work found it truly beautiful. It was unreal to me that they were all so different but all taken of crystals. It is almost unbelievable that such astonishing colors and variety among the pictures could all be produced from these laboratory grown crystals. The images vary in just about every aspect possible, but all contain the principles of design along with numerous visual elements. Some of his photographs were filled with every color on the spectrum. For example, # 10 and # 18 contained a variation of every color on the color wheel. They are filled with every vibrant color, and each is easily distinguished from the rest. Then there were others such as # 78 and # 100 that were more of an analogous color scheme using blues, browns, and white. #78 also a very spherical, symmetrical feeling to it. # 27 showcases colors from the cool side of the color wheel. All of Alcotts pictures are beautiful displays of color. Color is the most obvious visual element present in all the photographs but there are others that can be seen as well. Implied texture was another element that was seen in many of Alcotts works. Some of the paintings appeared to be very smooth and looked like flower petals. # 10 and #27 both had this appearance of petals. # 100 also resembled a flower but it looked more like a dried plant. The texture appeared to be that of straw if you were to touch it. #18 also had texture that you would believe you could touch. # 2 appeared to be representative of a landscape featuring snowy mountains and trees. All of Alcotts photographs are purely abstract but it is still possible that different images would appear to different people. ...

Vietnam DBQ essays

Vietnam DBQ essays The uniqueness of Vietnam can be broken down into three categories: the brutality of the war, the inaccuracy of the photo-journalistic coverage of the fighting and the wars length. There is no doubt about the brutality of the Vietnam War, but even before the Americans entered the war there was uprising in Vietnam. An example of this uprising was brought to the worlds attention when Malcolm Brown in 1963 took a picture of a burning monk taken in front of Ankwong Pagada. Thich Quang, a monk, committed suicide by dousing himself with gasoline and setting himself on fire, in order to protest against the Catholic government of Diem, which was prosecuting Buddhist monks. In 1967, Tim Page took a picture called Carnage. This picture showed the brutality of the war by letting people know what a Vietnamese booby trap can do to a group of grunts. In this picture a person had tripped a wire, after reading a sign that stated Any Americans who read this will die! triggering a bouncing betty to spring up and zap anyone in sight. As a result, 19 were killed, 31 wounded in a matter of seconds. By the time medi vac came in, there was a smell of death in the air and bod ies everywhere. How can we forget about arguably the most famous picture in Vietnam? The Napalm Girl, taken by Huynh Cong Ut in 1972. This is a photo of naked girl, named Kim Phuc, tore her own clothes off and come running out of a burning village, screaming Nong qua! Nong qua! (Too hot! Too hot!), after a Skyraider dove in and let go a napalm bomb that exploded near a Dai Temple in Trang Bang. Unfortunately for Kim and the other villagers the bomb was dropped on the wrong side of the village, missing the targeted Vietcong and N.V. troops. My Lai Massacre. Though, the 2nd Indochina war was unique in that it was the first TV war, one cant believe in everything he or she believe ...

Learning and development in working with young people Essay

Learning and development in working with young people - Essay Example Therefore, Madcap main idea is to assist these groups of young children by allowing them to explore themselves and put their ideas into practice and things they want to achieve by giving them the opportunity (Steve, Madcap Sequence, 7). Practices and Work There are a number of practices involved in this learning centre as it comprises of different young people with diversified interest to pursue. Because of this, the youngsters work in music projects on their own as the learning centre gives them support towards achieving their ideas. The workers help them in building confidence to enable them cope with their ideas and realize the value of their own ideas. Thereafter, the workers leave them to allow them exploit the opportunities. The workers role is to give them the opportunity and assist them with minimal help towards realizing their ideas. Similarly, the youngsters undergo gauging to make them have insights of what they are involved by shedding more light into their own projects ( Steve, Madcap Sequence, 7). This is a practice meant at ensuring that youngsters develop insights and understand their projects more so music to better their values and outcomes as well as to bring what is good about it. Madcap is concerned with recording music produced by the youngsters. It offers the available support to its youngsters to enable then listen and produce their music to meet their objectives. From the scripts, James came to record his music by recording it with the help of Steve who is one of the workers responsible for their training (James, Madcap Sequence 1). The role of the worker is to ensure the availability of recording equipments and facilities. Therefore, the main role is played by the youngsters in ensuring they achieve their dream from the assistance got from workers. In Madcap, the workers are not judgmental, and this aims to promote their talents by encouraging them to doing what inessential for them. Creativity of the youngsters is promoted in the proje cts in the initial stages, as they are kept smiling and feeling the sense that their ideas have values. Youngsters also role out the plans, which outlines what is taking place and ways of achieving them. This may comprise of different activities besides just completing the project offered by the learning centre. They also give the centre the details of the purpose of what it they want to achieve from their projects. Their goals may be to develop a compact disk (cd), live performance or just to set lyrics and the centre helps them towards achieving (Steve, Madcap Sequence, 7). Madcap provides assistances to youngsters in different activities that they have developed interests. It empowers the youngsters on how they can develop their talents, come up with raw ideas, and help them achieve. The project discourages duplication of ideas as it wants to help young people come with new projects, which are unique and do not exist (Man in Cap, Madcap Sequence, 2). Because of this, the centre d iscourages mixing music and asks youngsters to come with unique ways of arranging instruments used in mixing to make it a unique idea. From this perspective, they help young people in playing instruments mostly guitars (Girl Madcap Sequence, 2). The project coaches students towards realizing their potentials and developing ideas they have by giving them necessary support where they experience challenges. The work

Economics for Business and Management Essay Example | Topics and Well Written Essays - 2000 words

Economics for Business and Management - Essay Example According to Adams (2013), tin is mainly used in the manufacture of electronic items, and considering that the semiconductor sales which are a good indicator of the performance of the electronics industry, which seem to have moderately improved after undergoing a lengthy failing period from the summer of 2011 to the last quarter of 2012. The direct relationship between tin consumption and its price is demonstrated in figure 2 in comparison with figure 1; here it is clear that the price of the commodity increases when its demand is high and decreases when its demand is low. 9 9 Figure 2: Source: ITRI (http://www.fastmarkets.com/tin-analysis-and-research/tin-q12013) 9 Conclusion 10 References 11 Adams, W., 2013. Tin Analysis and Forecast Q1 2013. [ONLINE] Available at: 11 [Accessed 30 December 2013]. 11 Base metals.com., n.d. All about Tin. [Online] Available at: [Accessed 30 December 2013]. 11 Fraser, C., 2013. Tin Price set to move higher in 2013. [online] Available at: [Accessed 30 December 2013]. 11 Gandolfo, G., 2004. ... New York: NBER. 11 Tucker B., 2010. Macroeconomics for Today. Boston, MA: Cengage Learning. 12 TASK A Will the new carbon price results to decrease in pollution levels? Climate change is a serious and rampant global challenge that requires the input of all nations in addressing it. There is urgent need for concerted efforts of international response and national efforts to reduce greenhouse gas (GHC) emissions. The international community has made efforts to reverse this ugly trend by setting up The United Nations Framework Convention on Climate Change (UNFCCC) whose main mandate is to respond to climate change. Frank (2007) asserts that the convention has set up The Associated Kyoto Protocol, a global agreement that categorizes countries by their level of industrialization and commits some countries to reduce their CGH emission rates. The Kyoto Protocol requires developed countries to reduce GHG emissions to 5 per cent below 1990 levels by 2012. It is prudent to note that climate ch ange experts concur that tagging price on greenhouse gas release emissions is a potent strategy in a range of solutions put in place to curb the adverse effects of climate change. There is need for an effective carbon pricing system in which every tonne of pollution comes at a cost as opposed to being free. The system in structured in such a way that dirty energy sources pay more in carbon tax. The idea is logical and should not be viewed by the affected parties as a radical one; it is the best way to make entities embrace green technologies. For instance, if a pricing system exists, the economy will find it cost effective to build wind turbines instead of coal plants; instead of driving gas-powered cars, the economy will chose electric vehicles powered by renewable energy

Compare and contrast(difference and similarity)between traditional Research Paper

Compare and contrast(difference and similarity)between traditional Yoruban marriage and traditional Korean marriage - Research Paper Example Of much interest is a deep delve into the understanding by a way of comparison, two cultures (marriage being the common denominator) that reveals elements inherent and unique to a particular community or groups of people. Providing perfect specimens under this study is the Yoruba and the Korean traditional marriages. It will be of interest to learn how communities separated far and wide; living several miles away from each other, with no basis of interaction then, could exhibit similar features in their marriage customs. More so, sharp contrasts in some of the features evident uniquely in either of the two undeniably confirms and gives them their cultural identity as far as marriage processes are concerned. Where everything is equal and normal, records Johnson ,113, a Yoruba traditional marriage involves three stages: an early intimation, a formal betrothal and marriage. In the first stage girls are marked out from childhood with or without their consent as intentioned for marriage to particular young men. No girl would get married without the parents’ consent and such was the basis for the betrothal stage or ‘Isihun’. It was accompanied by a ceremony where the parties involved feasted and offered sacrifices, the ‘Ebo Iyawo’ or the bride sacrifice. The final stage which is marriage could be carried out at any time of the year except during the fasts (Johnson, 114). The Korean traditional marriage on the other hand is a six stage process: Exchange of the letter of four pillars, selection of the wedding day, sending of wedding gifts, the marriage ceremony, the bridal room and the new path (Lee et al, 157) Insight into these stages are illuminated in the p assages below. Unique to the Korean culture is the letter of four pillars (saju) on which the year of birth, month, day and time of the bride or groom were written. Lee et al, 157, notes that the letter symbolized engagement. Arrangements of this nature are clearly absent in the Yoruba