Friday, November 29, 2019

Value Chain Analysis free essay sample

Value Chain Analysis (Starbucks) Primary Activities: †¢Inbound Logistic: Starbucks had its agents travelled regularly to coffee – growing countries to establish relationship with growers and distributors. In sourcing green coffee beans, it was increasingly dealing directly with farmer. It normally offered high prices to ensure that the poor small coffee growers have enough money to cover their production cost and for their families. To buy coffee beans, Starbucks used fixed price purchase commitments to limits its exposure to fluctuating coffee prices in upcoming periods and on occasion, purchased coffee futures contracts to provide price protection. Starbuck sourced bean from multiple geographic areas not only allowed it to offer a variety range of coffee to customer but also spread the company’s risks such as weather, fluctuated price, political and economic issues in coffee-growing areas. This enabled the company to predict prices over multiple crop years. In 2003, Starbucks marketed Fair Trade Certified coffee at most of its retail stores through some 350 universities and hotel locations that were licensed to sell Starbucks coffees. We will write a custom essay sample on Value Chain Analysis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page †¢Operation: Starbucks was able to expand its market through a number of channels such licensing with a reputable and capable local company with retailing know how in the target host-country to develop and operate new Starbucks stores. Starbucks used a local partner/licensee to help it recruit talented employees, set up supplier relationships, locate suitable store sites. To avoid problems, Starbucks looked for partner/licensees that had strong retail/restaurant experience, had values and a corporate culture compatible with Starbucks, were committed to good customer service, possessed talented management and strong financial resources, and had demonstrated brand-building skills. In additional with Starbuck’s strategy in major metropolitan cities was to blanket the area with stores. Though the new tore might generate only few revenue, the management believe ‘Starbucks everywhere’ approach cut down on delivery and management cost, shortened customer lines at individual stores, and increase foot traffic for all store areas. With this store expansion strategy, Starbucks selected a large city to serve as a ‘HUB’; team of professional were located in hub cities to support the goal of open ing stores. At the time of equipment needed for new stores, the retail operation group outlined exactly the minimum amount of equipment each core store needed sot that standard items could be ordered in volume from vendors at 20-30% discount. The whole store layout was developed on computer, with software that allowed the costs to be estimated as the designed evolved †¢Outbound Logistic: Trying to extend the shelf life of packaged Starbucks coffee to 26 weeks, after the beans were roasted and cooled, the coffee were immediately vacuum-sealed in one way valve bags that let out gases naturally produced by fresh-roasted beans without letting oxygen in and kept in one way valve. However, it removed coffees from its shelves after three months. Starbuck had eight roasting factories which allowed them to supplied its stores worldwide. †¢Marketing Sales: Starbucks spent only little money on advertising. Mostly it aimed to build its reputation by world of mouths and cup by cup strategy. This strategy proved to be viable since Starbuck’s reputation reached new market even before store opened. Starbuck had a specialty sales group that provided its coffee product to restaurant, airlines, universities, hospitals, business offices, country club and select retails. This sales group had won many sales agreements for Starbucks such as coffee account at Sheraton and Westin hotels, Wells Fargo to provide coffee service at some of the bank’s locations in California, U. S. Office Product which gave Starbucks an entree to provide its coffee to workers in 1. 5 million business offices and so on. †¢Services: Starbucks intended to provide superior level of customer services. This intention was stated in its mission statement as well â€Å"Develop enthusiastically satisfied customer all of the time†. In building customer loyalty, baristas are the key person to make a strong connection with customer. Starbuck’s management team was emphatic about the importance of employee pay attention to what please customers. Hence, staffs are trained to go out of their way, and to take heroic measures if necessary to make sure customer were fully satisfied. The examples of additional service provided to customer were using skimmed milk when customer requested, and setting up the wireless Internet service in store as its. Support Activities †¢HRM: Starbuck considered its workforces as valuable resources. The managements understand that their growth and prosperity depended on its staffs. Starbucks referred its staffs as partner. Moreover, one of their major objectives was to ingrain the company’s values, principles and culture and to pass on their knowledge about coffee and their passion about Starbucks. Each of its employees/partners is required to complete the training for at least 24 hours.

Monday, November 25, 2019

How to Ask for What You Want at Work

How to Ask for What You Want at Work It’s a fact of life that you will rarely be handed exactly what you want in in your career. It’s up to you to take control of your future and move it in your most ideal direction–if you sit around and wait for people to take notice and reward you, you might be waiting for a long time. If you’re feeling undervalued at work, here’s a surefire plan to organize your thoughts and make a plan before you approach the powers that be.Put into words what is making you unsatisfied. Do you feel your salary is too low? Are your hours too inconsistent? Do you despise working with a specific client?The first step will lead you to the next–and most important–step: identify exactly what it is you want. A raise? A better shift schedule? To be relived of your client? Be specific–it is important to have a concrete goal you can clearly express.Next, envision how your work life will be better if your ideal situation comes true. How might this change make you more valuable to your employer? What are the major selling points you can offer for making this change?Finally, create a plan and put it into action. What is the best method in your workplace for making a change? Send that email or make that call, set up a meeting, and put your best foot (and argument) forward.Even if making and implementing a detailed plan does not lead to your ideal results, your voice and demands will have been heard. If nothing else, a proactive attitude always lets your supervisors know you’re serious about your future.

Thursday, November 21, 2019

AN EXTENSIVE ANALYSIS OF BELOVED, BY TONI MORRISON Essay

AN EXTENSIVE ANALYSIS OF BELOVED, BY TONI MORRISON - Essay Example But before we can relegate the statement to this easy explanation, we must consider the answers to what is ‘it’ referring to; an answer that can change depending upon the way in which it is read. By understanding the general plot line of the story and the reasons why Morrison might have built this deliberately ambiguous statement into the novel, it becomes possible to understand how the various approaches might interpret the story differently in such a way that most of them reach the same final conclusion – that here is a story that absolutely must be told. The story follows the fictional character Sethe, who lives in a small â€Å"gray and white house on Bluestone Road† (Morrison, 1988, p. 1) with her daughter Denver. Throughout the story, we learn these two women have not always lived alone, nor will they remain alone as the story progresses. As the story opens, we learn that Sethe and Denver once lived with Sethe’s two sons, Howard and Bugler, who have both run away as a result of strange, ghostly activities happening at the house. They also once lived with Baby Suggs, Sethe’s mother-in-law and the woman who taught Sethe how to live again after escaping slavery. Very quickly, we are also introduced to Paul D, who was one of the men Sethe had worked with on Sweet Home, the Kentucky plantation where she, her husband and several others had been cruelly treated as slaves. Upon her escape from slavery, an event that happened many years prior to the opening of the story, Sethe murdered her youngest child, a girl, as p art of a desperate attempt to keep her precious daughter from experiencing the type of degradation and abuse Sethe experienced at the hands of Schoolteacher. It is this child who returns to haunt her mother and family in later years, manifesting itself in the bodily form of Beloved, who feeds off of this desperation to eventually bring about a final resolution. It is through

Wednesday, November 20, 2019

Plato Paper Essay Example | Topics and Well Written Essays - 1250 words

Plato Paper - Essay Example The writings also get used to teach various subjects like mathematics, religion, ethics, logic and philosophy. His exact place and time of birth is not known but it is certain that it came from an influential and aristocratic family. In his writing about Phaedo, Myth of Theseus, he writes about Socrates’s last days. He narrates that Socrates got condemned for polluting the youth of Athens and assisting in the introduction of the worship of strange gods. In the city they wanted him to die through consuming hemlock. However his death was postponed because there was a religious festival that had just started during the trial and according to the Athenian law executions were prohibited during the festivals so that the city could be kept pure. The festival was about commemoration of the event where Theseus traveled with fourteen people to King Minos and they wanted to defeat Minotaur. Plato highlights that the dialogue was ongoing against his knowledge of it and also the fact that the dialogue involved Phaedo and thirteen people, he expects the readers to identify the parallel and expect an outcome similar to the one in his tale (Plato 52). As Theseus moved with the fourteen Athenians who were threatened through Minos to challenge and slay Minotaur known to be monstrous. Also Socrates traveled with thirteen philosophers in the call for argumentation to challenge and eliminate what threatened him and his companions, known as the fear of death. So as Theseus could triumph against Minotour and free Athenians Socrates could also triumph over death. According to Plato, philosophy as a practice is for dying because like philosophy death separates the body from the soul. He argues that philosophers always distance themselves from the body as long as they disdain honors and wealth. He says the body acts as an obstacle in the process of acquiring knowledge, which is the core pursuit and intention of philosophers. According to Plato senses do deceive in some cases but philosophers seek knowledge and truth (Plato 112). He also says that sensuous pleasures and senses distract people from reasoning. According to Plato philosophy is a form of purification which frees the soul off contact from the body. He argued that Socrates had a reason to hope he would be better off if he drunk the hemlock as he would probably find out the truth upon his death and he would also find better friends and masters. He argues that the soul is immortal and it does not die. According to him all generation is cyclical and life equates the opposite of death and the souls of those who are living originate from the souls of the dead. He says that the body dies and decomposes and it cannot be revived but the soul leaves for ever because it is immortal. When a person passes always it is his body that dies but his soul will live on and it come in another person who will be born after the death. Plato also strongly suggested that learning is Recollection. He narrated that Heracli tus maintained that all things are in a form or state of flux where everything is constantly changing and he is remembered for saying that an individual cannot step twice in the same river. Plato supported the Heracliteans who said that every occurrence in the world of time and space was in a continuous flowing motion. Change occurred throughout and nothing could resist change and as a result, nothing was appeared the same in

Monday, November 18, 2019

Writing the Target Audience Analysis Essay Example | Topics and Well Written Essays - 250 words

Writing the Target Audience Analysis - Essay Example The photo is larger than the interior second picture and thus the large appeal. The first photograph contains more Aristotelian appeal than the second paragraph. The magazine focuses on adults that are above the age of 18 but below 25. This group is commonly known as the young adults group. The reason for stating that this is the most preferred age group for the magazine is because of the explicit content contained in the magazine. When reading the column on the right of the left page one gets to view issues revolving around sex and it is such issues that should not be accessed by young people. In the contemporary environment, there have been different issues that involve young people getting into explicit behavior at a young age and the reason for this is the access to such magazines. It is from this that one understands that adults are the targets of this magazine. Young adults value information regarding new experience in the intimate sector. Many people around this age have little experience in intimacy and from the magazine, the audience value information regarding the subject of the column who discusses her experience when breaking her virginity. From this information one gets to understand the reason why the young adults relate to the magazine The second advertisement is that of acclaimed clothing line, Gucci. Gucci is an international store that has had the ability to capture the attention of many people from the classy products it has introduced into the market. When looking at the advertisement, one thing to note is the elegant bottle of perfumed displayed on the box. Prior to identifying the bottle, the first thing noticed is the color of the background in the advertisement. Color brown is internationally recognized as to having a certain appeal on people and the fact that it is the one used in the advertisement, it is very easy to capture potential buyers’ attention. Looking at one side of the

Saturday, November 16, 2019

An Spanish American War History Essay

An Spanish American War History Essay This paper discusses about the war between Spain and United States and the summaries the causes of Spanish and American war. It also details the significant events during the Spanish-American war. This paper describes the important terms, people and events of Spanish -American war. It examines the Spanish-Cuban Tensions and the Yellow Journalism of Spanish -American war. This paper also provides the American Imperialism and Treaty of Paris. It states the effects of the Treaty of Paris during the Spanish-American war. This paper concludes this concept by providing the essential concept of Spanish-American war. Spanish- American War Summary of Spanish- American war The Spanish-American war was a conflict between America and Spain in 1898 effectively due to the intervention of US in the ongoing Cuban War of Independence. United States was attacked Pacific possessions of Spain led to the involvement in the case of Philippine Revolution as well as to Philippine- American war. The public opinion of America was grown at reports of Spanish Atrocities in Cuba. United States tariff had put restrictions on sugar imports to America and severely hurt the economy of Cuba that was dependent on the producing and selling sugar. The main issue was that Cuban independence, the ten-week war was fought in the case of both Caribbean and Pacific. United States had many business men with the investment interests in the case of Cuba that became concerned. The public of United States was stirred into anti- Spain frenzy due to the Yellow journalism of men including Hearst and Pulitzer. In 1898, America was dispatched the USS Maine on a friendly mission to Cuba. American fought the war in the case of fronts such as Cuba after the declaration. In 1898, the Treaty of Paris was signed in order to ending the Spanish- American war. After the Spanish-American war, America was improved Cuba in the case of infrastructure and educational systems and United States had also decided to move from their places. In 1901, America was forced Cuba for inserting the Platt Amendment in the case of their constitution that have given the US military base. America was also kept the Island countries for ships in Cuba. This is the summary of Spanish-American war. Increasing Spanish-Cuban Tensions (19th century) Cuba had been a colony of Spain and this Spain was dependent upon sugar production. In 19th century, many people in Cuba were dissatisfied with the ruling Spanish regime. The government of Spanish was also riddled with the inefficient, corruption and unwilling for granting Cuban populations. As a result, nationalist of Cuban people wanted for ending Spanish rule for the protection of Cuban. After the war, Spanish promised reforms and but the nationalists assumed this too late. The Spanish would leave for US intervention and because of American had significant economic investment in Cuba. In 1896, the Spanish was sent the general to Cuba in order to putting down the insurrection and the general was built the camps in order to prevent the insurrectos from leading population against Spanish rule. In Cuba, the segments of US public were outraged by the reports of atrocities. In 1895, Cuban revolt included a general opposition to a long history of Spanish control. The tariff raised prices in the sugar products that were imported from Cuba in the case of protecting US sugar growers. American Imperialism (1898) The imperialist behaviour of United States was occurred in 1898 that has been a great historical attention. America had commonly claimed for standing in opposition for the practising of taking of colonies to be democracy for all. During this war, the German and British were the famous countries and those countries were not involved in Spanish- American war. This war was required the help of these two countries in the event of serious fighting. United Kingdom required for offsetting German intimidation in order to foster better relation between Britain and America. The ground troops of America were arrived in the Philippines and the US troops allied with the Filipino for fighting against Spain. This Spanish and American war proved the importance of Pacific Islands among to these countries. The Pacific cross road was used for supplying the US Navy in future operations in Pacific Islands. In 1898, Hawaii could be easily performed as a coaling station without formal annexation and because American businessmen had also controlled the Island anyway. The imperialism of American was anti-colonialism of the early republic and but conscious options dependent upon the economic motivations and that held true before 1898. This was the imperialism of United States. Treaty of Paris (1898) The Treaty of Paris was the agreement that was signed on 1898 at the end of Spanish- American war. The Treaty of Paris also indicated the concluded stage of Spanish Empire and the Pacific Ocean. The Treaty of Paris granted to United States the rights of Ownership to Guam and Puerto Rico. After the agreement, Cuba region was given to Cuban in the case of Treaty of Paris of 1989 and the Spain was considered the tremendous financial debt Cuba owed towards United States. America agreed in order to paying twenty million dollars for the Philippines according to their agreement. The Treaty of Paris was also eliminated the presence of Spanish Empire with the America and in the case of Islands of the Pacific region. The Treaty of Paris was also made several privileges to Cuba and the Cuban people were satisfied with this agreement. After the agreement, America decided to replace from Cubans place and they constructed many elements for the enhancement of Cuban people. Conclusion The

Wednesday, November 13, 2019

All-Kinds-Of-Fur :: essays research papers

Motion Picture Diaries:   Ã‚  Ã‚  Ã‚  Ã‚  This document reading that I chose to write my short paper assignment on is a collection of diary entries from three different young people from three distinctly different backrounds. Yet, this primary source shows that there is one common link between the three of them and that is their love of movies and the early motion pictures that seemed to captivate Americans from every walk of life. All three of these individuals obviously have had their lives impacted by the movie industry to such a level that feel the need to write about it in their diaries where their personal information is shared. But, in order to understand this we must look at our own lives and that pivotal moment when something new and exciting entered our life and we just thought that whatever it was was greater than sliced bread. The only difference is that the people and especially the young adults of this era were experiencing something unlike anyone had ever seen before and as a result it had enormous impacts. Movie stars were born and their first fans appeared in the warm glow of the mid afternoon picture. People of this era worshipped their movie stars. They dressed like them, walked like them, talked like them, started to smoke like they did; all attempts to immitate their favorite star in ultimate hopes of being like them one day. All three of these individuals have their story to tell about how they tried to live out part of a movie they saw in their real lives, whether it was through a passionate kiss or a runaway with a forbidden lover. These stories also make it evident to the reader the kind of impact these motion pictures had on people of many different ages. It was a young girl's fantasy being portrayed on a screen and therefore, she knew without doubt that her dreams would come true just as they had for the woman on screen. Through these writings the reader can see these people attempting to live out these movie fantasies in real life and sometimes with success. These entries are first-hand accounts of the effects of movies on this generation and offers a bit of insight as to why we view movies and movie stars the way we do today. As it turns out, it has always been that way.

Monday, November 11, 2019

If you don’t believe in God, there is no point getting married

If I wanted to get married to someone but neither of us believed in God and then someone told us that there is no point getting married because we don't believe in God, I would obviously not love the person very much. If I had just accepted that and told the person I was engaged to that the wedding is off, then I wouldn't care about them very much in the first place if I didn't even think about what the person had told me properly. If you love someone and they ask you to marry them, could you not believing in God really destroy your marriage? Marriage is about love and promising to stay with that person for the rest of your life. The fact that someone doesn't believe in God can't force you into thinking that it isn't right to get married. If I had a different view, and thought that if you don't believe in God there is no point getting married, I can see why that is true in some cases. Most people get married in a church and hymns and holy songs can be sung. I could say that if someone didn't believe In God, what right do they have to make a promise in the house of God, which they may or may not keep. In conclusion, I think that Even If you don't believe in God, you should get married. If you really loved someone and really wanted to make that promise, you would step aside from your beliefs and commitments just for that day, so you can stay with the person you love, possibly forever.

Friday, November 8, 2019

The Case Against Corporate Social Responsibility Essays

The Case Against Corporate Social Responsibility Essays The Case Against Corporate Social Responsibility Paper The Case Against Corporate Social Responsibility Paper The Case Against Corporate Social Responsibility Dr. Karnani shows in this article from the Wall Street Journal, the pros and cons on whether businesses should be required to implement social welfare initiatives. For some companies, this idea is a win-win situation but there are other businesses that in order to promote these initiatives, they would have to lose profits. The idea of people helping people sounds very good but we have to be realistic, we are living in a capitalist country were people’s priority is their own well-being. The majority of the United States businesses are going to think of how to make profits; if a way to make profits is to improve social welfare then they are more likely to do it. But if by improving social welfare their profits are going to go down, then they are not going to care about the social welfare. Which also turns into a lose-lose situation, in where by increasing the profits will also increase social welfare. Dr. Karnani alleges different ways in which we can balance out both, business and social welfare. One way is where civil society creates nonprofit organizations and movements in where the common good is the main goal. These organizations are created to help the community in a variety of aspects. Some organizations can have as a main goal to protect the environment making sure that profitable companies get as close as possible to being environmental friendly while achieving their profit goal. Other organizations can have as a goal to help communities socially or cultural involved. Another way is what he calls â€Å"self control† in where companies would have to create their own regulations to voluntarily act in the public interest. Though in reality this is unlikely to happen, it would be good if someone were to do it. But even if a company were to do it, there were still have to be a third party involved that would have to supervise that the company is actually doing what it says to be doing. The more reasonable way that he mentions in this article, is for government to create a regulation to protect the public good. This is by far the best way to create balance. Government has the responsibility to help and serve people and it can do so by balancing the public interest and the businesses interests. In this article named The Case Against Corporate Social Responsibility, Dr Karnani says â€Å"governments are a far more effective protector of the public good than any campaign for corporate social responsibility† (Karnani,  2010,  para. 23). The only way in which government can make sure that people help each other is by somehow punish the unacceptable behavior. Just as it has the power to give a citation to someone that has broken a traffic rule, it can make sure that companies help people and not only look for their own benefit. Even these ideas are great, we cannot expect for the people to apply them in their everyday life. The reality is that people and businesses have become selfish and greedy and it is hard to trust and help people without being cheated out or taken advantage of. In an article called Beyond Selfishness, Henry Mintzberg, Robert Simons and Kunal Basu said â€Å"A syndrome of selfishness, built on a series of half-truths, has taken hold of our corporations and our societies, as well as our minds. This calculus of glorified self-interest and the fabrications upon which it is based must be challenged. †   (Mintzberg, Simons, Basu,  2002,  para. 1). It is in human nature to think of your own well being before other’s people. Most of the rich people only think on making sure they stay that way, and poor people are left trying to survive the lifestyles the rich people have created. Companies hire people imposing rules and trainings to make sure the employees can help them achieve certain profit goal. In order to live up to the lifestyles that have been created, employees are in the necessity to follow this rules and act the way the companies want them to act. A lot of times employees are overworked and exploited by companies, up to the point that we are not even sure if we work to live or we live to work. Conclusion Government has the responsibility to ensure the well being of all the people, but sometimes we forget that the government is also made out of people. It is easy to blame someone for something but we need to start taking responsibility in our own actions and start with ourselves if we want to find balance in life and with each other. Reference Karnani, A. (2010). The case against corporate social responsibility. WALL STREET JOURNAL/MIT SLOAN, (), . Retrieved  from  http://sloanreview. mit. edu/executive-adviser/articles/2010/3/5231/the-case-against-corporate-social-responsibility/ Mintzberg, H. , Simons, R. , Basu, K. (2002). Beyond Selfishness. THE MAGAZINE, (), . Retrieved  from  http://sloanreview. mit. edu/the-magazine/articles/2002/fall/4417/beyond-selfishness/

Wednesday, November 6, 2019

Interest Rate Report

Interest Rate Report Free Online Research Papers Introduction Big Drive Auto is a multistate dealer of several manufacturer’s cars and trucks. Big Drive not only sells the cars but a large part of their business is servicing the autos. This paper will address the managerial decisions that are affected by increasing interest rates and how increasing interest rates affect the cost of operating a business. The current yield curve will be discussed and what this means for Big Drive Auto’s organizational decision making. This paper will analyze how the change in interest rates can change consumer demand. In closing, some other monetary variables, such as durability, government taxes, and capital goods on hand will be explored. Decisions Affected by Interest Rates Large decisions, such as long term investments in new dealership sites or new equipment, would be affected by interest rates. According to the Jednak (2005), â€Å"Interest rates certainly have an impact on how business owners make management and operational decisionsparticularly decisions about long-term investments in new plants and equipment† ( ¶ 1). Things such as new service equipment or new buildings are considered capital purchases. Capital purchases are those that add equity to Big Drive Auto’s assets. With increasing interest rates the actual price for such projects will be higher than the estimated costs because the higher interest rate will be applied. Introducing a new model to Big Drive’s line of autos is another decision that would be affected by interest rates. If interest rates are high, the demand for cars will decrease. A market of declining demand is not a good time to introduce a new model. In a market with a decreasing or low interest rate the demand for cars with increase. The dollar can buy more in such a market. This is the market in which consumers are willing to try new products. How Interest Rates Affect the Cost of Operating a Business Interest rates affect the cost of operating a business in many aspects. If the interest rates are rising, Big Drive Auto must have a higher gross margin to cover the increased fixed expense. Big Drive Auto will have to pass this increase to the consumer. If this was to happen in a market with a decrease in auto sales it could be fatal to Big Drive Auto. Interest rates have the biggest effect on capital projects. An example of a capital project would be if Big Drive Auto was contemplating the purchase of a new hydraulic lift for one of the service bays. This project would be financed and therefore, be affected by the interest rates. If the interest rates are increasing, Big Drive would pay more for the lift and thereby decrease the amount of equity the lift holds. According to McConnell Brue (2004), â€Å"Investment spending is guided by profit motive; businesses buy capital goods only when they think such purchases will be profitable† (p. 159). The Yield Curve and the effect of its Shape on the Decision Making in the Organization The Yield Curve is a graphical representation of the rates of return for short-term to long-term Treasuries. A normal yield curve rises from left to right; this illustrates that long-term bonds command higher interest rates than short-term bills and notes. According to Isidore (2009), â€Å"The 10-year yield dipped briefly below the fed funds rate Wednesday morning after a report showed a big drop in demand in April for cars, refrigerators and other big-ticket items known as durable goods† ( ¶ 6). This inverted yield curve would normally be indicative of an impending recession. In a recession Big Drive Auto needs to make decisions that will increase their net sales and decrease their overall operations costs; in doing this Big Drive will be able to sell cars at a lower price. According to the Newman (2009) â€Å"Most automakers are aggressively cutting production to halt chronic overbuilding†¦Ã¢â‚¬  ( ¶ 5). Consumers cutback on spending in times of a recession. Being able to price the cars lower will increase Big Drive’s net sales. Changes in Interest Rates affect Customer Demand The auto industry relies on their consumers being able to finance the funds needed to purchase the automobile. When interest rates rise, the auto industry is greatly affected. A consumer will shy away from purchasing a new automobile because of the high interest rate that comes with the financing needed. In other words, a higher interest rate will decrease the customer demand. As interest rates increase so does the requirements for approval of the financing. Therefore, in addition to consumers not wanting to pay a higher interest rate, the consumers willing to pay the higher interest rate may be ineligible for financing. This lack of financing could lead to a decrease in auto sales for Big Drive Auto. Other Monetary Variables When making business investment decisions, variables other than interest rate should be considered. Durability of capital goods should be looked at when making decisions. Big Drive Auto needs to assess if they truly need a new hydraulic lift or will the better fiscal decision be getting the old one fixed. Business taxes also need to be considered when making business investment decisions. An increase in taxes lowers the expected profitability in investment. This shifts the investment demand curve to the left. This shift to the left means the Big Drive will have a decreased rate of return. Lastly, the amount of capital goods on hand should be considered when making investment decisions. If Big Drive is overstocked with inventory because the demand has decreased for autos, their expected rate of return on new investments will decline. Big Drive would have little incentive to invest in new capital. Therefore, less investment is realized at each real interest rate. Conclusion The key decision makers may have previously made decisions that will now be affected by the rising interest rates. The fact that the interest rates are rising means increased production cost for Big Drive Auto. They could pass this increase off to the customer or they can cut production volume. As the interest rates get higher the customer demand will drop. Big Drive Auto should not only use interest rates to base their business investment decisions. They should also use monetary variables, such as taxes, capital goods on hand, and durability, when making investment decisions. These are rough economic times for Big Drive Auto. Auto sales are down and banks are not lending money. Rising interest rates can spell big trouble for businesses that sell products in which their customers must finance. However, with some thought Big Drive Auto can watch for opportunities and avoid obvious pitfalls. Research Papers on Interest Rate ReportTwilight of the UAWIncorporating Risk and Uncertainty Factor in CapitalDefinition of Export QuotasAnalysis of Ebay Expanding into AsiaThe Effects of Illegal ImmigrationMarketing of Lifeboy Soap A Unilever ProductPETSTEL analysis of IndiaCapital PunishmentPersonal Experience with Teen PregnancyOpen Architechture a white paper

Monday, November 4, 2019

Edwin Hubble Essay Example | Topics and Well Written Essays - 750 words

Edwin Hubble - Essay Example (â€Å"Biography of Edwin Powell Hubble (1889-1953)†; â€Å"Edwin Hubble expands our view of the universe†) Edwin Hubble Powell, the son of an insurance executive was born in the small town of Marshfield, Missouri, USA on November 20, 1989 and moved to Wheaton, Illinois, before his first birthday. Nine years later in 1898, his family moved to Chicago, where he attended high school.   Edwin Hubble was a fine student and an even better athlete, having broken the Illinois State high jump record. As a young man, he was 6 feet 3 inches tall and very well coordinated, known especially for his talent at boxing, basketball and track (â€Å"Who Was Edwin Hubble?†). At his high school graduation in 1906, the principal said: "Edwin Hubble, I have watched you for four years and I have never seen you study for ten minutes.† He paused, leaving young Edwin on tenterhooks a moment longer, before continuing: "Here is a scholarship for the University of Chicago." (â€Å"Edwin Powell Hubble - The man who discovered the cosmos†) Edwin Hubble had studied mathematics and astronomy at the University of Chicago and earned a Bachelor of Science (undergraduate) degree in 1910. Edwin Hubble went to Oxford University on a Rhodes scholarship, where he did not continue his studies in astronomy, but instead studied law, following his father’s wishes. He also took up Literature and Spanish. (www.edwinhubble.com). In 1913, he returned to the United States and passed the bar examination and practiced law half-heartedly for a year in Kentucky. His family was living in Kentucky at that time. In the autumn of 1913, Hubble was hired by New Albany High School (New Albany, Indiana) to teach Spanish, Physics and Mathematics and to coach basketball. His popularity as a teacher is recorded in the school yearbook dedicated to him: "To our beloved teacher of Spanish and Physics, who has been a loyal friend to us in our senior year, ever willing to cheer and help us both

Saturday, November 2, 2019

Corporate social responsibilty Assignment Example | Topics and Well Written Essays - 500 words

Corporate social responsibilty - Assignment Example The program towards social responsibility would include higher job creation and greater products through market action (Steiner, 2009, Chapter 5). The Bill and Melinda Gates Foundation, for instance, is built to source the fortune of Microsoft towards improving education and helping poor people suffering from neglected diseases (Steiner, chapter 6).Likewise, Ski-in Inc. has plans of having an annual donation scheme for two orphanages in one of the developing countries of Africa. The social costs or the negative externalities on the society are to be minimized through environmental friendly products. A new section of apparels would be launched that would be bio-degradable. Moreover, ways to recompense the pollution and harm inflicted by the production process are in progress. For every bio-degradable apparel sold, Ski-in will plant one tree. Since, our products have a considerably good market; this program is going to benefit our organization and also the environment. However, the mai n function of the corporate is not social charity but profitability. Nevertheless, involving in controversies like that of Nike with respect to its labor practices and social duties and General Electric Company under CEO Jack Welch need to be avoided (Steiner, 2009, chapter 6). Hence, the idea is to make innovations and create profits through environmental protection and social enhancement. Greater production would create jobs in the society and help reduce unemployment. It would also generate higher corporate taxes that would benefit the society. Pumping in more products would serve the consumers and give them greater satisfaction. Thus, the utility of the consumers would increase. Also planting trees would help in the reduction of carbon dioxide in the atmosphere and hence help to curb global warming. However, these programs would take time to materialize and incur costs both in