I don't have one, thats my problem Should be a topic that deals Research Paper

I don't have one, that is my concern Should be a point that manages an issue with instructive purposes inside american culture - Research Paper Example We start with an outline of the debates encompassing state administered testing in a cutting edge setting and assess these contentions with an eye to how instructors can gain from the current issues. We investigate the issue of race and state administered testing and perceive whether government sanctioned testing is the best methods through which understudy assessment is attempted. From this viewpoint, the verifiable and sociopolitical issues encompassing government sanctioned testing in America are brought to the front. Contention encompassing the usage of government sanctioned testing can be found all through the United States. Does a uniform, government sanctioned test precisely mirror a student’s instructive inclination, learning history and future scholarly execution? As referenced above, government sanctioned testing is very normal in the United States as the SAT stays a close to all inclusive experience for secondary school understudies the nation over planning to get into the colleges and universities of the decision. The issue of government sanctioned testing is moderately ongoing worldwide and stays involved in debate. By and by, Canadian colleges don't require a state sanctioned test for permission albeit many doctoral level college programs do. These incorporate the GMAT or LSAT for graduate school applications. By and by, Montreal’s McGill University is the main English-language graduate school in North America which doesn't require a LSAT score for permission. As the issue of state sanctioned testing went to the front, a September 2005 survey by the College of Teachers found that 71% of educators were â€Å"dead set against government sanctioned testing†. In a study from 2004, Educators passionately contradict the utilization of state sanctioned tests as a way to assess staff or schools or to choose how cash is assigned to schools or educational committees. General society opposes this idea. For instance, 79 percent of educators contradict utilizing commonplace tests to

Improved Management Decision Making Essay Example for Free

Improved Management Decision Making Essay Chiefs at all degrees of a business are required to settle on choices continually. Regardless of whether it be at a regularly generally safe operational level, or at high significance vital level, exact investigation is fundamental, disappointment on doing so could end in a fiasco in businesss unforgiving world. Proof of this can be found in the key degree of Dell the board in 2004. A poor choice to enter the market with their DJ.Ditty MP3 player, Dell neglected to address any solid advertising effort alongside inability to investigate more grounded substitute items finished up in Dell ceasing the item two years after the fact in 2006. The choice made in the improvement of the item were in like manner poor as opponent organizations, for example, Apple and Zens item includes far overwhelmed Dells powerless item. (Laubacher 2011). Straightforward investigation into Information Systems reveals to us they can show data that can lead us to respond to addresses we are frequently questioned with. In any case, regularly the executives choices are basic logical answers as well as key systems that will help the business in explicit manners. In this paper I will evaluate the various techniques for how IT based frameworks through the methods for Information frameworks can help the executives choices or, on the off chance that they do by any stretch of the imagination. (C.Lucas 1994)In his book data frameworks ideas for the executives, characterizes an IS as a lot of sorted out methodology, that when executed, gives data to help association. The data is a substantial or elusive element that serves to lessen vulnerability about some state or occasion. (Oz, Jones and Gowthorpe 2009) Back this definition up expressing an IS framework is a PC based arrangement of equipment, programming and broadcast communications segments, upheld by individuals and methodology to process information and transform it into valuable data. The data framework would then be able to be split into various subsystems with shifting objectives that help gear towards the associations fundamental objective. Obviously ISs are noteworthy in the everyday act ivity of a business. The way that ISs can address question is unquestionable, yet the procedure where they answer them and the type of answers they give can be discussed. Cooperative energy characterizes the consolidated asset yield surpassing the complete yield of similar assets in the event that they were utilized independently (Oz, Jones and Gowthorpe 2009). This hypothesis can be extended the extent that the four phases of preparing that a data framework experiences. Information is the primary phase of this procedure which is entered by the human. The following three phases incorporate the preparing of the IS framework, these incorporate changing and controlling the information, extricating the data out of the data framework lastly putting away the data that the IS framework has managed. This is an incredible case of collaboration, the IS framework computes the information at a speedier and less expensive expense than if a human were to do it, yet the IS framework first needs contribution from an occ asion or situation from a human, this proof of cooperative energy. (C.Luckem 2002) Hypothesis on complex occasion preparing identifies with this well overall. He characterizes every business activity (be this inner with setting up choices or outside with clients through deals) taking a few phases of occasions to arrive at a last state and in todays mechanical driven space ISs assume an Important job in every one of these states. He identifies with the utilization of ISs assembling and putting away of information, sharing of data and the capacity of frameworks to computerize and regularly control segments having a fundamental influence of CEP. ISs that identify with CEP are frameworks, for example, Supply Chain Management, as indicated by (B.Handfield and L.Nichols 1999) Is a lot of approaches used to productively incorporate providers, makers, stockrooms, and stores, so stock is created (frequently by PC helped structure) and disseminated at the correct amounts, to the correct areas, and at the ideal time, so as to limit framework wide expenses while fulfilling adm inistration level necessities It is anything but difficult to perceive how this can be identified with the board dynamic, at each phase of a procedure with the utilization of SCM supervisors can stop the procedure and break down creation rates, subsequently utilizing IS frameworks to settle on a choice, which For the situation of SCM implies using each procedure so wastage is at any rate and expenses stay low all through creation . Luckem further communicates that the utilization of IS frameworks in CEP doesn't work with remotely one source however needs both the Human and IS framework to work all in all for any type of procedure to work likewise. Although(Bider 2010) contends the dependability of data prepared by ISs. He expresses that human mistake can frequently be the reason for mistaken information. This isn't exceptional; regularly as data is separated through the data map from office to division human blunder can cause issues. So a contention could be framed that supervisors can frequently place incredible examination into ISs, yet choices can be made utilizing an inappropriate yield from the framework. Corresponding to the four phases of handling, this yield would then be able to be put away mistakenly meaning any future choices dependent on this first issue won't help the appropriate response process as the data will be off base. There are different kinds of frameworks that can fundamentally help dynamic DSSs or Decision Support Systems will be frameworks that guide settling on choices using worked in models. (Turban 1995) Defines it as an intelligent, adaptable, and versatile PC based data framework, particularly created for supporting the arrangement of a non-organized administration issue for improved dynamic. It uses information, gives a simple to-utilize interface, and takes into consideration the choice maker’s own bits of knowledge. DSSs are included three modules information the board, model administration and exchange the board or in benefit terms (real earlier, potential deals, conceivable income, and conceivable benefit). Utilizing these modules DSSs helps locate a perfect game-plan, ready to break down lastly answer addresses that are frequently asked upon people, What if or How will this activity sway income are model. DSSs can process crude information, and attract correlations with produce data to help a business choice. Despite the fact that (Jensen, B.Lowry and Jeffery 2011) contend that the now increasingly wide spread utilization of Decision Support Systems because of the expansion in innovation utilized in business today ought not supplant the dynamic of a human. They contend that in spite of the fact that It is regularly hard for individuals to survey believability accurately in up close and personal connections yet contend the utilization of DSSs can't be utilized as a flat out dynamic procedure The ability of up close and personal collaborations is basic to powerful correspondence and dynamic. Their perspectives can be viewed as fairly antiquated when identifying with dynamic. Like DSSs are Strategic data frameworks. The base of this framework depends on Michael E. doormen Concept of upper hand. This idea examinations the vital stages a business experiences to increase a bit of leeway over its rivals. As indicated by (E.Porter 1998), SIS works by upgrading openings through examining contenders, recording merchant designs, distinguishing potential substitute items lastly recovering data on keeping a solid offer in the businesss advertise. These should help a business to make an upper hand through the methods for SISs. The putting away of information and examination of this information is the thing that directors will use to decide. In both the DSSs and SISs the examination will frequently design out a potential course in which the business may take to accomplish its points. It is then dependent upon the executives to accept these suggestions through embracing the thoughts or not. IS utilized in the hierachary of a business are imperative to survey, at an operational level Systems utilized will be Transactional Process frameworks are Electronic retail location, both of these frameworks permit administrators to investigate organized information and make inferences for themselves, instances of this perhaps the administration of stock requesting to enhance wastage, or evaluating what item sells at a proper time. These frameworks would then be able to be surveyed by the strategic level that may utilize the methods for DSSs to evaluate new estimating procedures to adjust to the operational level through the assistance of DSSs however on the proof of information yielded by TPSs or EPOS. The following and last stage will be the utilization of the frameworks at a key level. Key level will utilize DSSs and Executive data frameworks (like DSSs yet frequently observed as increasingly exact and thought type of framework) alongside unstructured information which happens through the methods for gatherings, discussions and messages .Furthermore key level by and large approach IS of all subordinates ISs to help settle on choices just as ISs connected along with outer business administrations, for example, the most recent stock costs and general business news are likewise normal. Unmistakably ISs help the executives choices, yet in setting of this it is essential to evaluate the attributes of the administrators, too of the administration styles. For instance chiefs that embrace a dictatorial style of the board will be less inspired by staff prosperity which may influence their response to help they get through IS frameworks, which means they may receive any plans a DSS thinks of whether it negatively affects staff. Majority rule style supervisors may depend intensely on the information created from frameworks of their subordinate. While evaluating the improvement of dynamic through the methods for ISs, I feel it is essential to survey supervisor qualities, obviously there are frameworks that guide the dynamic procedure however as (Bider 2010) expressed there can be human blunder caused through the contribution of a framework which may prompt poor dynamic. I feel consistent examination through each phase of the information procedure will permit information to be utilized effectively, subsequently being crucial

Real Estate Strategies

Real Estate Strategies There are many strategies to make money in real estate from sales to financing to investing in real estate securities. The fundamental method, however, is buying and either holding and/or selling commercial and/or residential property. You can also invest in real estate securities. Regardless of the method, all successful real estate strategies require proper planning, research, and analysis. Before you make a decision on which strategy (or strategies) you will employ, you should set financial goals, study your available options in-depth, develop a plan, and obtain feedback. One strategy for successful planning involves developing a network of real estate entrepreneurs and industry professionals that you can rely on for advice. Many cities and online venues have social clubs for entrepreneurs, which can be a good source of insights and feedback. Networking with brokers, and other industry professionals is key to execute other real estate strategies, so start building a list of conta cts in the planning stage. © Shutterstock.com | Creativa ImagesHowever, if you choose to develop your real estate business plan, make sure that you have written goals and understand both your target real estate market(s) and all of the strategies you have available to you. In this article, we will cover 1) residential property strategies, 2) investing in commercial property, 3) investing in real estate securities, and 4) lessons from successful real estate entrepreneurs.  RESIDENTIAL PROPERTY STRATEGIES Finding propertiesOne of the keys to make money in any endeavor is buying low and selling high. But how do you find real estate that can be purchased and sold at a premium? One way is to purchase properties at a discount. You can purchase distressed properties â€" those in need of extensive repair and/or with significant liens levied against it, at public auctions or foreclosure sales. Another is to develop a network of professionals who can help you identify inexpensive properties. Such a network would obviou sly include some brokers, but might also include other real estate professionals, such as appraisers, home inspectors, contractors, and marketing specialists; divorce and estate lawyers, who can inform you when divorce proceedings or deaths are likely to result in a home sale; and moving men and trash haulers, who can inform you if their jobs are at properties for sale. Bankers can also inform you of foreclosures and/or short sales. A third strategy is looking for properties in markets undergoing falling housing prices. This might be due to a weak job market, rising crime, changing demographics and/or a surfeit of available housing. You should buy in these markets if you anticipate that either the market will soon undergo an upswing or that you can otherwise find interested parties willing to buy from you at a premium. Lastly, you can become a residential real estate developer, and work with a construction firm to build residential housing prices inexpensively to be sold at a premiu m. There are often tax credits and financial incentives when building properties in local real estate markets suffering from slow or negative economic growth.Strategies for Residential Real Estate InvestmentOne of the key decisions to make when investing in residential real estate is how involved you will be. Will you be a passive or an active investor? An passive investor is one who owns, operates, and/or sells the property, making any necessary repairs and assuming relevant liability. They may purchase the property using leverage from traditional lenders, and leave the daily management of the property to a paid property manager or a property management firm. Or they purchase properties jointly with others as a part of a limited partnership, leaving the management of the property to the general partner. The typical return for passive investors is usually between 3% and 10% appreciation and 2.5% to 8% income. By contrast, an active investor is one who uses unconventional financing m ethods and employs tactics involving more effort and resources, such as renovation, and more risk. Their return is typically 5-25% appreciation, and 8% yield.Another key decision to make is whether to invest for the short-term or the long-term. In general, this is heavily dependent on your financial goals and your risk tolerance. If you want to get hands on, will not stay up all night worrying about your investment’s performance, and make a significant return on your investment in the short-term, then flipping â€" buying and trading houses within a 30 to 60 day period, may be the strategy for you to pursue. You will want to look for houses in need of minimal repair and make the needed repairs as quickly as possible. Further, to maximize your return, wait for a period when the rate of inflation is forecast to exceed current interest rates, other real estate investors, interested in residential real estate speculation may enter the market, willing to purchase your properties with le verage and, once inflation increases, pay off the mortgages with less valuable dollars. This is a strategy that you, in fact, can take advantage of, albeit a risky one.If, by contrast, you are looking to be minimally involved, and are willing to sacrifice a potentially higher rate of return for minimal volatility, then investing in a portfolio of residential properties and paying for the services of a property management firm, may be the route to take.When assessing a property, one of the most important considerations should be cash flow. With residential property, this usually means rental income, which should be evaluated against going expenses, such as utilities, and both current and long-term related liabilities. If you calculate a negative cash flow, you may want to stay away from the property. The property should also be evaluated in terms of long-term potential for capital appreciation, but this means little if you cannot pay the associated bills in the interim. You should al so have/save funds to be held in reserve in case unforeseen circumstances increase expenses.Beyond flipping and buying-and-holding and renovating, other strategies include purchasing property jointly with other investors, and/or property development. These are entry strategies. You should always enter a real estate investment with one or several exit strategies in mind. Plan for what you will do if housing prices suddenly drop or you have difficulty finding a viable tenant. With real estate investments, ongoing expenses are guaranteed, while income/capital appreciation is not.Advantages and Challenges of Being an Entrepreneur in Residential Real EstateOne of the many advantages of being an entrepreneur in residential real estate is that because there is a fixed supply of land, and existing residential houses, there will always be a demand for residential real estate. The level of demand in each local real estate market may fluctuate in accordance with local and national economic tre nds; however, there will always be demand for places for individuals and families to live.Compared to investing in commercial real estate, it is generally cheaper to begin investing in residential real estate; there is also less risk in the latter than the former. Residential real estate is, generally speaking, less complex and requires less due diligence. Residential real estate investments are also typically less risky than stock market investments and can serve as hedges against both inflation and deflation.There are many challenges to invest in residential real estate as well. Properly forecasting what housing prices will look like in a particular market can be challenging, as there are many variables. Further, landlording, if you should choose to do it, can present its own challenges. Identifying a good property management firm, critical if you choose to be a passive investor, can also present difficulties.Real Estate Investment Strategies INVESTING IN COMMERCIAL PROPERTYFindin g PropertiesMany of the aforementioned strategies for finding residential properties can be applied to commercial properties. Developing a network of real estate professionals, who can tip you off to potentially lucrative sales, is key in both instances. Analyzing depressed markets can yield some attractive buys. Building commercial real estate is an option if you have the capital and resources to do so. And proper attention to local business development, especially to failing businesses, can alert you to potential distressed commercial properties that may soon be on the market.  Strategies for Commercial Real Estate InvestmentCommercial real estate is divided into several different categories: office, industrial, retail, multifamily (four or more units), hotels, land, and mixed use. The fundamentals of making money with this kind of property is largely the same: building or financing a purchase either through traditional or creative (for higher returns) methods, and then either buy ing and holding for appreciation and rental income, or reselling for a higher price. The most common strategy is buying and operating, though many owners use professional property managers for this endeavor. The time horizon for commercial property management is typically much longer than residential real estate investment, usually five years or more. When building or looking for office properties, it is important to understand the key businesses in your local market and their requirements. It is also advantageous to form partnerships with other investors, to pool financial resources for costly acquisitions. Another key strategy is to make money by establishing/installing income-generating assets on the property. For example, a commercial office building with ground floor and basement parking, may open the parking up to the public at a premium.  Advantages and Challenges of Investing in Commercial Real EstateOne advantage of investing in commercial real estate is that leases tend to be long-term, which, assuming the tenant(s) follow(s) the lease terms, can make it a stable investment. Further, the returns of commercial real estate investments in absolute dollars are typically higher than the returns of residential real estate investments. Commercial tenants typically make money off of their leased property and so have a vested interest in maintaining it. There’s less subjectivity in pricing compared to the residential real estate market. Further, most leases are structured as a variation of triple net leases â€" which require the leaseholder to pay all expenses directly besides the mortgage.However, commercial real estate typically costs more than residential real estate. Further, managing commercial real estate and commercial tenants is quite time-consuming and not for the DIYer. It can also be riskier than residential property, given that it will be visited/used by more people.  Strategies to get Started in Commercial real estate INVESTING IN REAL ESTATE S ECURITIES Of course, direct ownership of residential and/or commercial real estate property is not the only way to make money in real estate. One can invest in real estate securities â€" certificates (paper or electronic) that entitle the holder to the rights of ownership of a particular asset or bundle of assets. While certain types of municipal bonds and equities in real estate-related industries can provide avenues for investing in real estate, when one talks about investing in real estate securities, typically they are referring to Real Estate Investment Trusts (REITs). These are firms which own and manage income-generating residential and/or commercial real estate, usually of a single type (i.e. office REITs, retail REITs, etc.), or real estate related assets. There are three types: equity REITs, which typically operate rather than flip the properties they acquire; mortgage REITs, whose value is based on mortgages they provide or mortgage-backed securities they acquire; and hyb rid REITs, which invest in both properties and mortgages/mortgage-backed securities. You can invest in publicly traded REITs (those that trade on an exchange) or non-exchange traded REITs, or real estate mutual funds whose holdings are primarily or heavily weighted in REITs.  TradingYou can take advantage of fluctuations in the market for real estate securities buying and selling REITs for profit on exchanges. To do so requires careful and consistent analysis of the markets for the securities you hold, as well as broader economic indicators.  MarginYou can increase your trading profits of exchange-traded securities through the use of margin trading. Margin trading involves borrowing funds from a broker to purchase securities, usually more securities than the investor would have otherwise been able to purchase. This strategy is usually used for short-term trades. Of course, while trading successfully using margin will amplify your losses, unsuccessful margin trades will result in inc reased losses.  Buy and HoldREITs, by law, must distribute a minimum of 90 percent of their taxable income to shareholders as dividends. For investors looking to add an income generating asset in their securities portfolio, REITs can be a solid choice.  ChallengesBy investing in real estate securities, you can invest in many different real estate markets at once. Unfortunately, since local factors can often have a disproportionate impact on real estate performance, it may be hard to forecast the performance of the assets the REIT owns, and the proper market value of the security, accurately, if you are not intimately familiar with the real estate market in which the REIT operates. This becomes more challenging if you choose to invest in mutual and/or hedge funds that themselves invest in REITs.Another challenge is the underlying leverage that REITs may have used to purchase their real estate assets. If interest rates go up, and/or the REIT has cash flow problems, it could soon drop precipitously in price.  LESSONS FROM SUCCESSFUL REAL ESTATE ENTREPRENEURSOne of the best ways to understand strategies is to study the moves of successful real estate entrepreneurs. While it competing local entrepreneurs may be reticent to share their methods with you, there is enough publicly available information about some of the most successful real estate entrepreneurs online. Such entrepreneurs include Donald Bren, who pooled assets with two other investors to purchase 10,000 acres and develop the city of Mission Viejo, California in 1963. Today, his portfolio includes 50,000 apartments, 40 million square feet of office space and 8 million square feet of office space, and his net worth is approximately $14 billion.The entrepreneurial activities of Jorge M. Perez can also provide inspiration and insight. A real estate developer, Mr. Perez built multifamily apartments in Miami, after working for the city’s economic development department, a role that gave him the kinds of ins ights into the local real estate market that fueled his success. For example, in the mid-1990s, he figured it would be profitable to develop high-end condominiums in Miami, much to the disdain of his network. His initial venture, which would result in more than 5,000 condominiums owned and operated by his firm The Related Companies, sparked a development boom in downtown Miami, with 22,000 such condominiums built between 2003 and 2009. Further, when the subprime mortgage occurred, Mr. Perez began making substantial acquisitions of distressed properties, which, with development and time, have helped him rebound from $1 billion in related losses.

Describe and Evaluate at Least Two Biological Treatments...

Describe and evaluate at least two biological treatments for schizophrenia Biological treatments arise from the medical model of abnormal behaviour, which considers mental disorder to be an illness of disease resulting from underlying biological factors. Most people with schizophrenia receive some form of drug therapy. Drug therapy is the most common treatment, using antipsychotic drugs. Antipsychotic drugs aims to help patient function as well as possible and increasing patient’s feelings of well being. Researchers believe that dopamine plays an important part in schizophrenia. The goal of conventional antipsychotic drug therapy is to reduce the amount of dopamine, or the amount of dopamine receptor sites. They are dopamine antagonists†¦show more content†¦This could indicate that the psychological effect if believing you are helping yourself by taking medication works to reduce symptoms. Another biological therapy is electroconvulsive therapy, which patients are injected so that they are unconscious before the electric shock is administered. (They are also given a nerve blocking agent to paralyse muscles to prevent fractures during the seizure.) A small amount of electric current, lasting about half a second is passed through the brain. This produces a seizure, lasting up to one minute, which affects the whole brain. A patient usually requires between 3 and 15 treatments. Although more SZ patient improved with real ECT, which compared to placebo, when comparing to antipsychotics medication, the drugs are more beneficial. There was some limited evidence to suggest that ECT combined with medication resulted in greater improvement in mental state. The conclusion was that a combination of drugs and ECT could be useful if a rapid reduction of symptoms is required or when patients don’t respond well to drugs alone. (Tharyan and adams 2005) Some people have questioned whether the widespread use of chemical drugs is ethical. The argument is that the drugs and ECT are dehumanising and take away any sense of personal responsibility or control, as there are significant side effect related to drugs and risks associated with ECT, such as brain damage and even death. People in psychoticShow MoreRelatedThe Major Psychological Disorders Covered3588 Words   |  15 Pagesthought disorders often have difficulty with at least one of these aspects. They may include but not limited to the individual been unable to express thoughts in a logical fashion, or they may speak quickly or incoherently. Many individuals also suffer from a disturbance in the way they produce content- this can be seen in individuals having delusions or hallucinations. 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Code Of Ethics And Ethical Guidelines - 1547 Words

Code of Ethics and Ethical Guidelines There are many ethical codes and guidelines a supervisor should follow. One of the most important ethical codes refers to competency. The American Counseling Association (2014) and the Association for Counselor Education and Supervision (ACES) (2011) both reiterate the importance of competency professionally as a counselor and supervisor. Counselors are only to practice within their scope of competence. This is based on the counselor’s education, training, experience, and credentials (ACA, 2014). This includes experience and training as a supervisor. The ACES (2011) stated supervisors should only provide supervision for supervisees and clients that fall within their scope of training and expertise. The supervisor should be continually engaged in education to ensure continually competency (ACES, 2011). Competency is important because acting outside one’s level of competency puts the supervisor’s career at risk, can harm the su pervisee, harm the client, and raise liability issues. Ethical guidelines, while essential to follow, can also present challenges to supervisors. Gatekeeping is an ethical guideline that will present a challenge. ACA (2014) explained gatekeeping as continually evaluating supervisees and having an understanding of their limitations that impede their abilities (F.6.b). If necessary, gatekeeping can lead to remedial assistance or dismissal (ACA, 2014). Dismissal would be challenging for me as a supervisor. While itShow MoreRelatedThe Ethics Of Business Ethics1471 Words   |  6 PagesNowadays, the concern for business ethics is growing rapidly in the business community around the world. Business ethics are focused on the judgment of decisions taken by managers and their behaviors. 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21St Century Agriculture Free Essays

Todays agricultural community is embracing many new technologies. Innovative researchers have developed new ways to increase yields ranging from the global positioning of satellites to strip till. Strip till is a process of tilling small strips of soil while leaving the strip in between each row untilled to remain rich in organic matter. We will write a custom essay sample on 21St Century Agriculture or any similar topic only for you Order Now The benefits of strip till versus conventional till make it a practical way of increasing farm efficiency. Strip till first began in as a way for large farms to cover more acreage more efficiently in order to save time fuel and labor. The process begins a full growing season in advance with another crop. Once this crop is harvested, the stalks and other debris are mowed to the ground leaving the ground covered in organic matter; this crop is termed the cover crop. Once all equipment preparations are made the next growing season is started. A pass is made through the field with a minimum tillage implement. This implement plows up twelve-inch wide strips and then conditions them. Then the crop is planted and herbicide is applied. Throughout the growing season the crop is sprayed using a specialized hood sprayer, which protects the crop from the herbicide, to control weeds. This is a vast difference in conventional methods, which utilizes several passes to plow and condition the soil while also using herbicides. Environmentalists would have one believe that herbicide applications are detrimental to our ecosystems. However, with proper handling, our ecosystems are better protected from hazardous runoff when strip till practices are utilized. Conventional methods spray herbicide directly onto the ground where they can be washed away by rain or irrigation. Strip till methods spray herbicides onto the organic matter left behind from the cover crop where it can be absorbed into the plant. The method of spraying directly onto the desired area is called banding. The environmental concerns make strip till a more sound way of controlling unwanted organisms. Erosion and soil compaction are other environmental concerns which strip till alleviates. Wind erosion is made less possible because the ground is left with debris and root masses which holds water and do not allow the water to wash away soil particles. Soil compaction is also less of a problem because less passes with large tractors are needed to produce a crop. The greatest benefit to the farmer is cost reduction. Less fuel and less labor being required per acre generate more profit. In an era when commodity prices are at an all time low, generating a profit is of utmost importance. Through less equipment cost and maintenance, strip till allows farmers to produce a crop with less capital investments. The popularity of strip till practices grow each year as farmers find ways of incorporating it into their specific operations needs. Conventional till has been used for many centuries but this practice only stirs up a dust in that weed seed are plowed a way into a dormant stage only to be plowed up to germinate. Utilization of new agricultural technologies, such as strip till, allows producers to go into the 21st century with tools that will enable them to provide agricultural products to sustain the world. How to cite 21St Century Agriculture, Essay examples

Marketing Myopia free essay sample

The term Myopia means short-sightedness in vision. Marketing glossary has borrowed this term to aptly describe the short-sightedness by a company. Thus marketing myopia means a short-sighted and inward looking approach to marketing that focuses on the needs of the company instead of defining the company and its products in terms of the customers needs and wants. It results in the failure to see and adjust to the rapid changes in their markets. The history of Indian Business has been exposed to many instances of marketing myopia , one of the biggest being Bajaj Auto. Bajaj Auto came into existence in 1945. It started off by selling imported Vespa scooters and three wheelers in india. In 1959, it obtained license to manufacture two three wheelers and went public in 1960. In 1960, it set up a shop to manufacture them in technical collaboration with Piaggio of Italy. By 1986, it managed to produce and sell 5 lac vehicles in a single financial year. We will write a custom essay sample on Marketing Myopia or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Under the regulated regime, foreign companies were not allowed to operate in India. The brand thrived under License Raj with virtually no competition. The brand had products like Chetak, launched in 1972 virtually owned the two wheeler segment. It was known for the reliability and sturdiness. It was during 1990-91 that the brand began the journey to the end. Bajaj Chetak had huge brand equity. The brand had the persona of a â€Å"work horse. With reasonable price and the low maintenance cost made this product a huge hit among the middle class Indians. It was a complete seller market with the waiting period for getting a scooter from Bajaj Auto being as high as 12 years. During this period, the demand for bajaj scooter was so high that it didn’t bother to much efforts into product improvement through RD. For 40 years Chetak had the same look, same quality and style. The company failed to understand the changing perception of the customers towards scooters. Rather than looking at the customers, the company focused on influencing Government to block the opening up of economy. This shows marketing Myopia existed in case of Bajaj Auto. It didn’t foresee the competition in the liberated market. The two-wheeler market was opened to foreign competition in the mid-80s. The company was caught unaware by the onslaught of the 100cc bikes of the four Indo-Japanese joint ventures. With the availability of fuel efficient low power bikes, demand swelled, resulting in Hero Honda then the only producer of four stroke bikes (100cc category), gaining a top slot. With the increase in demand in the bike segment and dropping sales of their existing as wellas new products â€Å"bajaj Classic† caused them to totally move away from scooter segment to bikes. Bajaj then had total restructuring of their business model viz, from seller to customer oriented. They improved their RD and launched new products ,like Pulsar (150 cc, 220cc), which helped them regain their market status as leader in two-wheelers.

The sacrament of marriage Essay Example Essay Example

The sacrament of marriage Essay Example Paper The sacrament of marriage Essay Introduction The Roman Catholic Church has a very specific interpretation of marriage and how it should be accepted. Marriage is one of the sacraments. It is one of the ceremonies that the Roman Catholic Church expects a devoted catholic to go through. It is believed to bring you one step closer to God. Marriage is also a covenant, a promise to one another. It is an eternal agreement between two people to allocate themselves to each other.The Catholic Church believes that the relationship between two people should be like the creation story. Adam and Eve are model parents and set an example to all couples. God wants all Catholics to have a bond between each other shown in the creation story.Jesus had a different view to the Old Testament which was that â€Å"two people become one† once they unite. Jesus said â€Å"No human being must separate what God has joined together†, meaning that it is not our job to choose to separate. Jesus was completely against the idea of divorce.The Pope has a similar opinion to Jesus that â€Å"a man and a woman pledge themselves to one another in an unbreakable alliance† meaning that a marriage is unbreakable and that they are choosing to enter an alliance, a life long commitment.Hosea emphasised that marriage was a symbol of Gods covenantal love.He said â€Å"show your love for a woman who is committing adultery with a lover†. He is trying to say that we should be able to forgive if we have sinned against one another. The love between two people should help their marriage survive through a crisis.The Catholic Church believes it is unacceptable for two people to divorce as this is emphasised in the New Testament although it does conflict with Moses’ teachings who said that divorce was acceptable. Although a marriage can be annulled if it is proven that it was never real or happened for the wrong reasons.One of the main views of the Catholic Church is that marriage is there for two people to become one. There is a special union that a couple shares in a marriage, sexual intercourse is a sign of this union where two become one. If both partners choose to separate they are still joined after becoming one and God lets no one divide. In a marriage sex is seen as a proper expression of the love of a man and a woman only within marriage. They are able to have children with the encouragement of the church. The churches teachings explain that the sex and the possibility of having a child should not be separated. The church teaches that marriage is the only appropriate relationship, within which sexual intercourse should take place.In a marriage ceremony, two people make a commitment which is done by the marital vows. These vows include what their duties are and what they are expected to do as husband/wife. â€Å"For richer for poorer† is one of the vows meaning that they must stand by each other if they are experiencing any financial difficulties. â€Å"In sickness and in health† m eaning that if one partner unfortunately is sick, the other must support them and continue their marriage. There are many other vows which explain their responsibilities.The Catechism is a book on moral issues which explains the Catholic Churches views on society. One of the categories that are highlighted in the catechism is that â€Å"adultery, divorce, polygamy and free union† are all offences against the dignity of marriage. â€Å"Masturbation . pornography and homosexual practices† are also considered to be sins. The Catholic Church is strongly against any one that does not follow the creation, the uniting of a man and woman.Polygamy is another category that the church does not approve of where some one is married to more than one person. This is explained in 1 kings11: 3 that Solomon had â€Å"married 700 princesses and also had 300 concubines.† Solomon had disobeyed Gods laws and was lead astray by these women.The Catholic Church basically believes that w hen two people are married they have made a promise and are united. They are able to have sexual intercourse and then be able to have a child. People are expected to keep their vows and accept the moral issues mentioned in the catechism.AO2: Explain how in the course of their marriage the couple would apply these beliefs and highlight specific instances where Christian belief makes a real difference to a healthy marriage, you may include a variety of Christian responses to the beliefs andProblems that arise in marriage (598 words)Many marriages are successful and do not experience any serious problems whereas there are many marriages which do experience serious problems. These problems can be related to their vows or other social problems. Many things can be done to help save a marriage during a crisis with help from the church or groups.When a marriage is going through problems they can often reflect on the vows by keeping them. These marital vows can help resolve problems. â€Å" For richer for poorer† is one of the vows that we are expected to follow. Marriages can run through financial difficulties which can lead to problems. One partner may feel they are unable to live with the other if they are not being supported financially. Marriages running through these difficulties are expected to love each other even if they are experiencing financial problems.Another vow that is expected to help resolve problems is â€Å"in sickness and in health†. This vow means that if either partner is having health problems, the other should support them. Many marriages can break down as one partner may feel they are unable to love and care for them. Using this vow they should be able to continue loving each other and enable them to resolve the problem by making time to care for the person. Two people in a marriage are expected to be together till â€Å"death do us apart†. People can reflect on this vow and help them want to continue the marriage and love each other until either partner dies.A marriage can experience many problems and pressures in society. Marriages can break down for many reasons. Some times there could abuse in the marriage leading the victim to feel the only way out it is to separate. A large percentage of marriages fall out due to one partner committing adultery and the other may feel they cannot forgive. In these situations divorce can be inevitable. A couple may have an annulment if they prove that the marriage was either rushed or one was forced or it happened for the wrong reasons. Once a marriage has been annulled it has the advantage of completely being eradicated from the churches records and are able to re-marry in a catholic church.When a couple is experiencing problems they can get help from the church where there are certain groups organised for marriage problems. They can all receive help from counselling groups such as â€Å"Marriage† and â€Å"Relate†.A couple may feel that they must s tay together no matter what due to certain reasons. If children are involved the couple may feel that they have to stay together for them and to prevent the family from breaking up. A couple may stay together for religious reasons. They may be religious and determined to keep the marriage together to obey the Roman Catholic views. After having marital problems it could make a relationship much stronger between two people.In an R.E video, â€Å"R.E collection†, I learnt about couples who have truly kept the vow â€Å"in sickness and in health†. Anita and Glenn were together for five months and then married for 6 months. Unfortunately Glenn suffered in an accident and became disabled. Anita was enable to care for him and had to look after her child. She did not divorce Glenn and visits him very often feeling that her marriage is still very alive and true even though she is no longer able to have a sexual relationship with him. This is an example of a true Christian who c ontinues to love her husband â€Å"in sickness and in health†.AO3: Life long marriage is too much for Christians to live up today. The church should be willing to drop this vow. Do you agree? Give reasons for your answer showing that you have thought about more then one point of view. (462 words)I disagree with this statement and that this vow should not be dropped. I think people need someone they can rely on and be able to share the rest of their life with as this is essential in a fast changing world. They can have a future together that they can look forward to. When getting married a couple speak out their vows. The vow â€Å"death do us part† should not be broken as the Roman Catholic Church says. Jesus wanted marriage to be permanent just like his love for the church, which is permanent. He made it clear that he did not like the idea of divorce. A couple should not be parted until one has died.Getting married is necessary to show the couple is ready to make a co mmitment to each other. A couple needs this security, this commitment to show the eternal unity between two people. Marriage can enable a couple to have stability therefore a couple are able to provide a loving home for children. It gives the couple and children security. If the couple have a strong lasting relationship it can prevent adultery. A couple’s relationship can grow and their love deepens.Jesus made it clear that when two people are joined it is not up to us to decide to separate. Having a divorce is a direct violation to the vows and Jesus’ teachings. He wanted us to work through what ever problems or difficulties we have in relationships which could help make a couple stronger.How ever in many situations it could help if this vow were to be dropped. Couples might be having serious problems such as physical abuse. If there is abuse in the relationship it may be extremely difficult to get through and divorce could be inevitable. Some relationships could be e xperiencing insoluble money problems. They could be in debt and the relationship is just not progressing. There could be serious sexual problems in the relationship. One partner may desperately want a child whereas the other may not or one partner may be unable to have children. Either way it could cause serious problems leading to divorce.Sometimes relationships have no trust where one partner maybe committing adultery or one partner may not be able to trust the other leaving a very weak relationship as trust is essential in a marriage.Many people feel the love between two people dies out after a while making it impossible for them to be able to make an honest commitment. As people seem to be living longer we are expected to love our partner for a long time – the rest of our lives, which can be difficult, and divorce maybe necessary. If children are involved, divorce can have a big impact on their lives. The sacrament of marriage Essay Thank you for reading this Sample!

salutary neglect essays

salutary neglect essays Even as their first colonies were developing, Britain did not exercise as much control over them, as other nations had in their colonies. This occurred even more so as the colonies continued to develop. During this time Britain chose to pursue political and military undertaking away from the colonies, taking their attention off of the settlers in the Americas. This policy, later named salutary neglect by Edmund Burke, allowed the colonies to experience freedom from the control of England, leading them to develop the beginnings of their own representative assemblies, trade free of restraint from the mother country, and religious tolerance. Before England had established any colonies in the Americas, Spain and Portugal had done so. Spain and Portugal ruled their colonies in an authoritarian fashion, leaving no room for the settlers to have any control over themselves. The settlers had little to no representation in government and no say in public policy. This is what caused Englands colonies to differ from the others. The settlers in Englands colonies were partially self-governed, and had many freedoms that other settlers did not. One reason for this was that many of the English colonies began as private corporate enterprises and remained free from direct control by the English government for some time. Secondly many of the English settlers had participated in government at home and by virtue of the fact carried the tradition with them to America. This salutary neglect would go on to influence the development of society in America in several ways. Only a few years after Virginia was founded in 1607 by the English, the Virginia Company created the first representative assembly in colonial America. This assembly was named the House of Burgesses and represented many of Virginias counties and towns. Due to the lack of control by the English government, the settlers were able to create representation...

International Financial Reporting Standards Research Paper - 1

International Financial Reporting Standards - Research Paper Example The research proposal encompasses background to the proposed research, its objectives and research aim that the researcher will achieve at the completion of the research report. It also includes brief literature review relevant to the subject topic. Moreover, the proposed research methodology that is based on qualitative research along with its limitations is provided. Finally, the research proposal also provides ethical considerations that the researcher has fully understood and acknowledged as a part of conducting such research. Accounting profession has its history that could date back to many centuries. Over the years the accounting profession has evolved through a learning process as economic conditions and ways of doing businesses have drastically changed where new transactions are introduced and the existing rules and regulations are considered insufficient to meet the requirements of a transparent and complete disclosure of companies’ financial positions. All countries have their own accounting regulatory bodies that have either formulated their own standards and practices for businesses to follow or they have simply adopted accounting standards and guidelines developed by one of the well established and regulated frameworks. These standards and guidelines are required to be fully complied with at all times and auditors, and audit committees within organizations are required to ensure that no discrepancies take place. However, from time to time those involved in the global corporate sector are criticized for their deliberate manipulations of firms’ accounts and misuse of accounting standards to present a healthier image of the business. This argument is often raised at times of when recession hits economies as businesses become more susceptible of managing their earnings falsely to attract or retain investment and shareholders turn towards accountants and auditors to seek their assurance regarding

A literature review on the various roles of the HR manager Essay

A literature review on the various roles of the HR manager - Essay Example The practices of Human Resource Management have been integrated so that such an organisational culture could be designed in which the workers could identify their own success (Smith, 2006). The role of HR managers is becoming significant in organisations because ‘sophistication of human resource management practices can enhance the operational inefficiencies (Ijose, n.d.) and to remain operationally efficient having strong management team, designing the work according to successful strategy execution, retaining skilled people, designing the culture that may implement strategy critical activities and creating good policies and procedures that may support strategy execution are required (Higgins, 2005 cited in Ijose n.d.). A lot of research work has been done on the changing and various roles of HR managers in the organisations. In the new service paradigm, the HR managers are in the position to measure the pulse of organisation therefore; they have to be very responsive (Ulrich, Losey & Lake, 1997). The changes in the roles of human resources in organisations have significant implications not only for businesses but also for the HR functions and HR professionals (Bundy, 1997). The role of Human Resource managers is not limited to typical HR functions. Only determining the competencies cannot bring competitive advantage to the organisations unless the knowledge is integrated into the entire HR system therefore, HR managers should think systematically and strategically instead of thinking functionally and tactically about their area (Becker & Huselid, 1999). In a research on the impact of rapid change in Europe on HR managers by European Association for Personnel Management, it was found that nowadays, managers in Europe are required to give attention to traditional HR problems of line managers and they are also supposed to be specialised by line managers in various other functions so that they may get a broader business

Qatar Airways Marketing Strategy

Qatar Airways Marketing Strategy Abstract The airline industry has been known to be volatile and competitive. It is volatile in the sense that any negative news either from the services such as air mishap, economic downturn, perceived threat of terrorism, the potential outbreak of the birdflu virus or the factors of production like rise in prices of crude oil impacts negatively on the strategic position of each of the players in the industry be it market leader, follower or challenger. The case of Gulf States (Countries) such as Bahrain, Iran, Qatar, UAE, Oman, Kuwait, Saudi Arabia to mention just a few calls for closer attention. This is because the so Gulf states are have the resources and capabilities to compete in all the four fronts of marketing mix which is often referred as the 4Ps of People, Price, Place, Promotion. In order to wean their economies away from declining oil reserves some Middle Eastern countries pursue substantial investments into their aviation sector. The bulk of these investments concentrates on the United Arab Emirates and Qatar and comprises fleet expansions stoked by massive airport extensions and development projects. The million dollar question is how Qatar airways can turn its fortune from being a market follower in the Gulf airline industry to a leader. In this academic work also, we would use the following framework for evaluating and writing Customers: Who are the organizations customers? Products/services: What are the organizations major products or services? Location/markets: Where does the organization compete? Technology: Is technology a primary concern of the organization? Concern for survival, growth and profitability: Is the organization committed to economic objectives? Philosophy: What are the basic beliefs, values, aspirations, and philosophical priorities of the firm? Self-concept: What is the organizations distinctive competence or major competitive advantage? 1.0 Introduction The airline industry has grown to be one of be one of the largest industries in half century of its existence. Its origin could be deduced from the end of World War l but it was not until World War II that saw peace restored worldwide that accounted for the burgeoning of the business. Statistics have it that the industry often airlift more than 1.5 billion industry worldwide and generates more than $ 300 billion in revenue and employ 1.7 million people worldwide (Hanlon Pg 1,2006). Good to note is the fact that the post World War II airline industry are dominated by state owned airlines known as Flag Carriers and the government which owned them often used them as instruments to further their mercantilist interests or to promote their countries status, power and prestige. Airline business in the Gulf States is often associated with government (Hanlon Pg 2, 2006). Government desire to protect flag carriers often lead to artificial market, in which the profitability of the airlines wer e determined more by the competitors that are allowed to fly the route rather the forces of quality and pricing. Airlines suited in the Middle East currently hold 9% of long haul capacity worldwide. They will be responsible for about 25% of all global long haul aircraft deliveries over the next decade (Flagnagan, 2006). Dubai based emirates airlines accounts for the largest buyer, which approximately 70% of all new long-haul aircraft orders in the Middle East. Some airline commentators predict that come 2012, the airline would double its fleet (Flagnagan, 2006). After Emirates come Qatar airlines. The airline has placed an order of 140 wide body aircraft. The expansion plans of the gulf airline operators are shown in Fig 1 within Qatar airways just like other airlines in the Gulf States is part of the government strategy to diversify its revenue base, economies, commerce, tourism and global transport importance. The airline has a rich mission statement which is Excellence in everything we do. According to a survey carried out by Pearce and David (1987) to analyze the mission contents of airline companies, the mission, it showed that Qatars mission statement is one of the best in the world. Amongst 9 points, it has 6 points. Fleet expansion plans of Middle Eastern carriers (as March 2008). Source Journal of Transport Geography 18 (2008) 388-394 3.0 Current Marketing Mix of Qatar Airways 3.1.1 Product Strategy: New Products Existing ProductsServices is defined as involving one party offering something that is essentially intangible and where the interaction does not result in ownership of anything (Kotler, 2008). Applying Ansoff product grid matrix, it can be said that Qatar airlines is still in market penetration. This is because the airline as was shown in the introductory section of the work, has projected the number of aircraft it wish to buy before 2012. The attributes of a company in growth stage of company life cycle is expansionary qualities. Existing Market Market Penetration Product Development New Market Market Development Diversification ansoffs product / market matrix The attributes of market penetration strategy in which Qatar airways are using include Maintain or increase the market share of current products this can be achieved by a combination of competitive pricing strategies, advertising, sales promotion and perhaps more resources dedicated to personal selling As part of this growth plan, Qatar Airways will extend its route network to 50 destinations by the end of 2003. It has recently added Manchester and Rome to its increasing route network. It will soon be adding Shanghai, Seoul and Tripoli to its route network. (Airhighways Magazine, 2005, p. 1). Secure dominance of growth markets. Qatar airlines have been known to dominate the ever busy African- Middle east air routes. The company always has some flights available from any part of Africa to the Gulf States. The topology of the area has encouraged the airline to operate in product penetration strategy of Ansoff product grid. Its sparsely populated area has encouraged travelling by air for intra-regional transport. Furthermore, a high per capita income that is still increasing quickly, offers a base for a strong aviation industry. But there are socio-economic constraints, limiting both domestic leisure and business travel potential. Increase usage by existing customers for example by introducing loyalty schemes .A market penetration marketing strategy is very much about business as usual. The business is focusing on markets and products it knows well. It is likely to have good information on competitors and on customer needs. It is unlikely, therefore, that this strategy will require much investment in new market research. There is no evidence that Qatar airways is investing on market research because they are not expanding into unknown routes such as Kula-lumpur Sydney route. 3.1.2 Pricing Strategy: Going-rate-pricing strategy Presently Qatar airline practice what is called Going-rate-pricing strategy. The market leader in the middle- east airline industry remains Emirates. Qatar charges its fare based on the price of Emirates which is slightly higher. This is because being the market follower, Qatar does not need to disturb the established market dynamism because it might not be able to compete on the same level with Emirates. Comparing the price of Qatar and Emirates, on the same route of Kuala-lumpur (Malaysia) Johannesburg ( South Africa) Price of Qatar on 21st Nov returning on 23rd Dec from Kuala-Lumpur to Johannesburg Price of Qatar on 21st Nov returning on 23rd Dec from Kuala-Lumpur to Johannesburg 3.1.3 Promotion Strategy: Qatar airlines are not practicing product differentiation but it is practicing promotion differentiation. According to its chief Executive Officer Akbar Al Baker he said that Qatar By offering a variety of entertainment options, we are able to differentiate our passenger service through live entertainment programming while also setting new standards of comfort to ensure we are the airline of choice (Rockwell Collins, 2005, p. 1). Some of their promotion strategies are as listed below and experienced by its passengers are as Biggest and best business class in the Middle East Interactive Audio, Video on Demand Entertainment System Largest personal TV screens in the Middle East Electronic seat controls In-seat back massage First Middle East airline in First Class with flat beds Qatar has engaged the services of Global media industries to help spread the good news. Such internal media include TV Corporate Videos BBC Campaign to position it as a premium carrier CNN testimonials from airline staff Sky News reports as a sponsor of the weather service Sponsors a travel show through Al-Jazeera Qatar is a major sponsor of high profile sporting activities such as World Tourism Day, World Travel and Tourism Council Summit, World Economic Forum, Leading International sports events. Qatar airlines was the official sponsor of 15th Asian Games, Doha 2006. The company has come up with a new product called Flying Oryx Newsletter that it distributes to travel agents. The newsletter is also available through its websites. More links could be established to the newsletter through the Internet. The airlines also give away products to passengers that promote the logo of the Burgundy Oryx and Taking you personally, such as watches, computermice and hand towels. 3.1.3 Place Strategy: This places a little impact on the business strategy of Qatar. Qatar airways like any other airways have developed a system of getting their ticket. Unlike the normal businesses, whose distribution channel goes from the manufacturer wholesaler-retailer-consumer. The normal business cycle Qatar airline and other airways are from the airline operators to consumers when online booking is done or through traveler agent. Airline operator Airline operator Manufacturer Wholesaler Consumer Travelling Agent Retailer Consumer Consumer Traditional Supply channel Online booking channel intermediary booking channel 4.0 MARKET ANALYSIS 4.1 Qatar current market Qatar airways is one of the leading airline industry in the gulf states. There is no hiding from the fact that Qatar airways is building on the booming market of Dubai to feed the ever busy Dubai route. Qatar currently targets those customers who considers Emirates too expensive. Those that want a little bit high quality and class at an affordable price. Qatar market can be divided into two as follows Geographic Segmentation: Qatar Airways is currently operating in most of the regions of the world.They are presently hoping to expand their routes to include the south pacific routes of Australia and its neighbouring countries. Qatar Airways is a dynamic, high service carrier, which utilises the geographic location of its Middle Eastern hub to link 72 international cities. From the UK the airline operates regular services from London Heathrow, London Gatwick and Manchester to Doha. Onward connections are available to cities including Dhaka, Ahmedabad (coming soon), Chennai, Delhi, Hyderabad, Cochin, Mumbai, Nagpur (coming soon), Trivandrum, Malà ©, Kathmandu, Islamabad, Karachi, Lahore, Peshawar, Colombo, Denpasar, Jakarta, Kuala Lumpur, Myanmar, Yangon, Cebu, Manila, Singapore, Bangkok, Ho Chi Minh City, Bahrain, Mashad, Tehran, Amman, Kuwait City, Beirut, Muscat, Dammam/Dhahran, Jeddah, Riyadh, Damascus, Abu Dhabi, Dubai, and Sanaa,Bangkok,Hong Kong, Singapore, Kuala Lumpur, Manila, Cebu, Nairobi, Johanne sburg and the Seychelles. Qatar Airways entering the US market with flights to New York and Washington, DC direct from the airlines hub in Doha, capital of the State of Qatar Demographic Segmentation: Below is the demographic basis for the market segmentation for Qatar airways: Demographic Variables Breakdown Sex Male; Female Age Under 12; 13-25; 26-40; 41-55; 55 + Income (monthly) USD 300.00 and over Religion Muslims (Halal status); Non-Muslims (Non-Halal status) Education Designed for 5.0 STRATEGIC ANALYSIS (SWOT analysis) SWOT analysis helps to explore the internal and external environmental factors affecting Qatar Airways and hence enable us to make strategic decisions (Aaker, 2005). The recommended strategies that would be adopted in this paper would be based on the on the SWOT analysis of the company. External Analysis Strategic decisions Where to compete? How to compete? Identification Trends/Future events Threats/Opportunities Strategic uncertainties How to compete? Analysis Information-Need areas Scenario Analysis Internal Analysis Source: Adapted and modified from Aaker, D. A (1998), Strategic Market Management, 5th Edition, John Wiley Sons, Inc., USA, p 40 5.1 INTERNAL ANALYSIS Strength Weakness Brand Recognition The airline has been able to build a strong brand that was described by Kelly Kaur, Marketing Director, as getting to know the audience and using communication to build loyalty, stimulate desire, create confidence and build awareness. Consistency The airline has been noted for offering consistence services which was one of the criteria that enabled it to get a FIVE STAR RATING. FIVE STAR RATING Qatar Airways is just one of the few airlines in the world ranked Five Star by Skytrax, the independent aviation industry monitoring agency. The same organization Skytrax also named Qatar Airways cabin crew as Best in the Middle East for the third year running and fifth best in the world, following a survey of more than 12 million passengers worldwide. (World Economic Forum, n.d., p. 1). Qatar Airways are the proud winners of the TTG Travel Awards 2009 Airline of the year. In recognition of the world class service and their commitment to offer only the best to over 80 destinations worldwide Numerous Flights The airline currently operates a fleet of 42 all-Airbus aircraft, which is expected to triple in size to 110 aircraft by 2015. Qatar Airways recently made an agreement to buy up to 60 of the new generation Airbus A350s. The airline also plans to acquire 20 Boeing 777s,with a total value for both orders set to be worth US$ 15.2 billion Age Many still believe that Qatar cannot maintain their high standard for a very long time because they are not too experienced in the industry. Arabization Many people still believe that the airline is Arab based because of their Logo. Qatar Airways logo uses an animal (Arabian oryx) that may be familiar to people in the Arabian Gulf, but not to people outside the region. National Carrier History has shown that most national does not last and they are often abused by the government. People would love to invest so that they can control or have shares in the business but thats not the case here. 5.2 EXTERNAL ANALYSIS OPPORTUNITIES THREATS Booming tourism industry The present surge in tourism in the gulf states is plus for the company to expand its business capacity. Image The Airlines has gained some reputation in the region and in Europe and its other sites Strategic alliances The airline has the reputation of forming strategic alliances with some airline operators in the pacific rim. This can be done either via bilateral with the respective government. Terrorism The incident of 9/11 is a wheel in the spanner of most airline industry. It has greatly reduced the ability of airline operators to attract many frequent fliers. New Entrants There is possibility of new entrants to the market especially Etihad. Etihad has the financial capacity to compete on the same level with Qatar Volatility The industry itself is known to exhibit high volatility. This may be in the form of fuel price, technology change or epidemic and natural disasters. 6.0 PROJECT RECOMMENDATION STRATEGIES 6.1. Market penetration via new products: Low cost Qatar airways have the leverage to engage in more competitive prices that what they are offering presently. They should borrow a leave from what Qantas did. Qantas came up with a low cost carrier called JETSTAR. The low cost strategy can compete in the low cost flight category of the airline industry while the parent company keeps their normal standard. Alliances Qatar airways have the brand image to form strategic alliances with many similar airlines where they can get the benefits of economics of scale. This might come in the form choosing one airline company in the continent to form a loop. They might borrow a look from what Singapore airlines deed as shown below. Singapore Airlines Air New Zealand Star Alliance Dinners Club Avis Singapore Airlines alliance network; strategic alliance, follower ( Kotler Pg 812, 2008) 6.2 Maximizing sales revenue Reduction of booking agents Commissions and other incentives to sales staff add to the operational cost of the company. These costs either passed on to the customers or absorbed by the organization lowers the margins of the company. The company should come up with a structure of appointing GSA (General Sales Agent) in major cities and towns. They might even pass it to the post office to sale for them since they post office has their fixed cost already running. Web Friendly Site The company should as a matter of urgency design a friendly user web site. Their current web site is not user friendly. They should borrow a cue at Airasia website. Airasia website is fast, user friendly and updates every minutes. This has greatly encouraged customers to use the web more frequently than physical office space thereby limiting people or place contacts to the barest minimum. 7.0 Conclusion In its relatively few years of operation has shown that they can ranked amongst the best in service delivery. They have grown from a small company to a major player in the airline industry. They have put in place sound management principle and good chief executive Akbar Al Baker believed his airline was leaking significant amounts of revenue. A series of short diagnostic exercises confirmed his hunches needs continuous improvement. The company has adopted a relatively moderate marketing mix by targeting its customers, positioning the company World Class Young, but growing fast Forward Thinking, open-minded On-time, Clean image Friendly/helpful/warm/hospitable airline. The People is good, Price affordable, Place great and Promotion best.

Effect of cashless police in nigeria Essay

Vol. 1 (2), pp. 040-043, April 2013. Research Article Impact of Cashless Economy in Nigeria *Omotunde Muyiwa1, Sunday Tunmibi,1 and John-Dewole A.T.2 1 School of Computer Science, Mathematics and Information Technology, Houdegbe North American University, Republic of Benin. 2 Department of Computer Science with Electronics, Faculty of Information Technology and Applied Sciences Lead City University, Ibadan. Nigeria. *Corresponding Author’s email: folatunde2004@yahoo.com ABSTRACT This paper studied the impact of cashless policy in Nigeria. The policy was introduced by Central Bank of Nigeria (CBN) in December 2011 and was kick-started in Lagos in January 2012. Survey research was adopted with questionnaire as data collection instrument. Responses from the respondents show that cashless policy will increase employment; reduce cash related robbery thereby reducing risk of carrying cash; cashless policy will also reduce cash related corruption and attract more foreign investors to the country. The study, therefore, shows that the introduction of cashless economy in Nigeria can be seen as a step in the right direction. It is  expected that its impact will be felt in modernization of Nigeria payment system, reduction in the cost of banking services, reduction in high security and safety risks and also curb banking related corruptions. Keywords: Cashless economy, Cashless policy, Lagos State, Nigeria. INTRODUCTION Cashless economy is an economy where transaction can be done without necessarily carrying physical cash as a means of exchange of transaction but rather with the use of credit or debit card payment for goods and services. The cashless economy policy initiative of the Central Bank of Nigeria (CBN) is a move to improve the financial terrain but in the long run sustainability of the policy will be a function of endorsement and compliance by end-users (Ejiro, 2012). The CBN cash policy stipulates a daily cumulative limit of N150, 000 and N1, 000,000 on free cash withdrawals and lodgments by individual and corporate customers respectively in the Lagos State with effect from March 30, 2012. Individuals and corporate organizations that make cash transactions above the limits will be charged a service fee for amounts above the cumulative limits. Furthermore, 3rd party cheques above N150, 000 shall not be eligible for encashment over the counter with effect from January 1, 2012. Value for such cheques shall be received through the clearing house. All Nigerian banks were expected to cease cash in transit lodgment services rendered to merchant-customers from January 1, 2012. The policy through the advanced use of information technology facilitates fund transfer, thereby reducing time wasted in Bank(s). Wizzit, a fast growing mobile banking company in South Africa has over three hundred thousand customers across South Africa. Likewise, M-PESA was introduced in Kenya as a small value electronic system that is accessible from ordinary mobile phones. It has experienced exceptional growth since its introduction by mobile phone operator (Safaricom) in Kenya in March, 2007 and has already been adopted by nine million customers, which is about 40% of Kenya’s adult population. Wizzit and other mobile financial services including MPESA in Kenya are helping low income Africans make financial transaction across long  distance with their cellphones, thereby reducing their travel cost and eliminating the risks of carrying cash and also avoiding most banking charges (Akintaro, 2012). It is assumed that the proper implementation of mobile phones and other technologies can aid the implementation of cashless policy and hence, the growth of cashless economy in Nigeria. The introduction of the implementation of cashless policy (policy is program of actions adopted by government) began in Lagos State, Nigeria. Why Lagos? According to Central Bank of Nigeria (CBN, 2011) Lagos state accounted for 85% of POS and 66% of cheques transaction in Nigeria. Cashless economy aims at reducing the amount of physical cash circulating in the Nigeria economy and thereby encouraging more electronic–based transaction. According to Central Bank of Nigeria (CBN, 2011) the policy is expected to reduce cost incurred in maintaining cash-based economy by 90% upon its full implementation in Nigeria. This study aims to look at the impact of cashless economy in Nigeria. www.gjournals.org 40 Greener Journal of Internet, Information and Communication Systems Vol. 1 (2), pp. 040-043, April 2013. 2. BRIEF LITERATURE REVIEW Cashless economy is not the complete absence of cash, it is an economic setting in which goods and services are bought and paid for through electronic media. According to Woodford (2003), Cashless economy is defined as one in which there are assumed to be no transactions frictions that can be reduced through the use of money balances, and that accordingly provide a reason for holding such balances even when they earn rate of return. In a cashless economy, how much cash in your wallet is practically irrelevant. You can pay for your purchases by any one of a plethora of credit cards or bank transfer (Roth, 2010). (2004) observed that developed countries of the world, to a large extent, are moving away from paper payment instruments toward electronic ones, especially payment cards. Some aspects of the functioning of the cashless economy are enhanced by e-finance, e-money, e-brokering and e-exchanges. These all refer to how transactions and payments are effected in a cashless economy (Moses-Ashike, 2011). Marco and Bandiera (2004) argue that increased usage of cashless banking instruments strengthens monetary policy effectiveness and that the current level of e-money usage does not pose a threat to the stability of the financial system. However, it does conclude that central banks can lose control over monetary policy if the government does not run a responsible fiscal policy. Echekoba and Ezu (2012), in a research carried out in Nigeria, observed that 68.2% of the respondent complained about long queues in the bank, 28.9% complained of bad attitude of teller officers (cashiers) while 2.89% complained of long distance of bank locations to their home or work places. Likewise, in her 24th NCS national conference in December 2011, CBN data shows that 51% of withdrawal done in Nigeria was through automated teller machine (ATM), while 33.6% was through over the counter (OTC) cash withdrawals and 13.6% through Cheques. Payment was also done through point of sales machine (POS) which accounted for 0.5% and web 1.3%. Therefore, if the introduction of ATM in Nigeria cash withdrawals system reduced OTC withdrawal; then it will implies that introduction of cashless policy supported by application of information technology can achieve more to reduce over dependent on cash payment in Nigeria economy system. However, Akhalumeh and Ohioka (2011) observed some challenges with the introduction of cashless policy. Their findings show that 34.0% of the respondents cited problem of internet fraud, 15.5% cited problem of limited POS/ATM, 19.6% cited problem of illiteracy and 30.9% stayed neutral – the respondent not been sure of problem been expected or experienced. While in some quarters there was fear of unemployment, some believe it will create more jobs especially when companies manufacturing POS machine are cited in Nigeria. More so, data sourced from Central Bank of Nigeria portal shows that Lagos state, with a population of 17 million people, only has sixty one  Point Of Sales, twenty bank branches and twenty four ATMs per 100,000 people which are far less to satisfy the needs of the population. These data verify the claim of Echekoba and Ezu (2012) on the problem of cash based economy and cashless policy in Nigeria. For effective cashless implementation in Nigeria availability of sufficient and well-functioning infrastructure (notably electricity), harmonization of fiscal and monetary policy, regular assessment of the performance of cashless banking channels, consideration of the present state and structure of the economy, redesign of monetary policy framework and greater efforts towards economic growth whilst managing inflation should be considered (Odior and Banuso, 2012). 3. RESEARCH METHODOLOGY This study was carried out, using accidental sampling method, in Lagos state, Nigeria. A total of 500 traders, students and civil servants were sampled. Questionnaire was used as data collection instrument, with questions on demographics and benefits of cashless economy in Nigeria. The major statistical technique used was descriptive (use of frequency tables and charts). 4. RESULT 4.1 Demographics responses on gender show that male respondents accounted for 55.6% while the female respondents are 44.4%. Figure 1 and Figure 2 presents the responses on age and occupation, respectively. For age, majority of the respondents are between 18 to 25 years, this is followed by those between 26 to 40 years while the least number are between 41 to 60 years. For occupation of the respondents, the highest percentage (44.4%) is traders, followed by students (33.3%) and civil servants (22.2%). www.gjournals.org 41 Vol. 1 (2), pp. 040-043, April 2013. Greener Journal of Internet, Information and Communication Systems 41-60 years 22% 18-25 years 45% 26-40 years 33% Figure 1: Age of Respondents 45 40 35 30 25 20 15 10 5 0 Traders Students Civil servants Figure 2: Occupation of Respondents 4.2 Benefits Table 1 shows the view of respondents on benefits of cashless economy in Nigeria. The lowest percentage, 11.1% of the respondents, believed that cashless policy will increase employment. A higher percentage, 22.2% of the respondents, believed that cashless policy in Nigeria will reduce cash  related robbery thereby reducing risk of carrying cash. The highest percentage of the respondents believed that cashless policy will reduce cash related corruption (33.3%) and cashless policy will attract more foreign investors to the country (33.3%). Table 1: Benefits of Cashless Economy in Nigeria Benefits of Cashless Economy Increase employment Reduce cash related robbery Reduce cash related corruption Attract more foreign investment Total Percentage (%) 11.1% 22.2% 33.3% 33.3% 100% www.gjournals.org 42 Greener Journal of Internet, Information and Communication Systems Vol. 1 (2), pp. 040-043, April 2013. 5. CONCLUSION The study, impact of cashless economy in Nigeria, focused on the three major categories by which Nigerians can be divided – traders, students and civil servants. More number of traders was sampled, compared to students and civil servants, because they are more into business and financial transactions. More so, a higher number of respondents within the age bracket of 18 and 25 years show that apart from students, quite a number of Nigerian youth are  also into trade. This study shows that the introduction of cashless economy in Nigeria can be seen as a step in the right direction. It is expected that its impact will be felt in modernization of Nigeria payment system, reduction in the cost of banking services as well as reduction in high security and safety risks. This should also include curbing banking related corruptions and fostering transparency. It is also assumed that the introduction of cashless policy in Nigeria will help to reduce the amount of bills and notes circulating in the economy. This should, therefore, reduce handling operation cost incurred on conventional money, as well as reduction in cash related crimes. It should also help to provide easy access to banking services for Nigerians. REFERENCES Akhalumeh, P.B., and Ohiokha, F. (2011): Nigeria’s Cashless Economy; The Imperatives. International Journal of Management & Business Studies. vol.2 pp. 12 – 17. Akintaro, S. (2012): Going Cashless. IT & Telecom digest, online magazine, august,2012 CENTRAL BANK OF NIGERIA (2011): Towards a Cashless Nigeria: Tools & Strategies. Nigerian Journal of Economy. 3(2), 344 – 350. Echekoba, F.N., and Ezu, G.K. (2012): Electronic Retail Payment Systems: User Acceptability & Payment Problems in Nigeria. Arabian Journal of Business & Management Review. vol.5, pp. 60 – 63. Ejiro, O. (2012): What Nigerians Think of the Cashless Economy Policy. Nigerian Journal of Economy. 4(6), 97 – 102. Humphrey, D. B. (2004): ―Replacement of cash by cards in U.S. Consumer Payments, Journal of Economics and Business, 56, 211–225. Marco, A. and L. Bandiera (2004): -Monetary Policy, Monetary Areas and Financial Development with Electronic Money, IMF Working Study, IMF. Moses-Ashike, H. (2011),â€Å"Cashless Economic can Reduce Risk of Carrying Huge Cash†, [Online] Available: http://www.businessdayonline.com/†¦/22217. Odior, E.S., and Banuso, F.B. (2012): Cashless Banking in Nigeria: Challenges, Benefits & Policy Implications. European Scientific Journal. Vol 8, pp. 12 – 16. Roth, B. L. (2010). â€Å"The Future of Money: The Cashless Economy – Part 1†. [Online] Available: https://www.x.com/†¦/future-money-cashless-economy—part-i. Woodford M. (2003). â€Å"Interest & Price: Foundation of a Theory of Monetary Policy†, Princeton University Press. www.gjournals.org 43