Thursday, May 28, 2020

differentiating between market structures - 275 Words

differentiating between market structures (Essay Sample) Content: Differentiating Between Market Structures Name: Institution: Differentiating Between Market Structures One of the famous companies that are known for quality products and services is Kudler Fine Foods. The company focuses on customers. Kudler Fine Foods has ensured a higher customer satisfaction since its opening. Presently, the company has three stores in California State. The company also aspires to expand in the future. Lately, Kudler Fine Foods has adopted flourishing marketing strategies that have raised the company's profits and, therefore, placed it in a higher profit margin. The company first informs its customers about the availability and quality of the products before they purchase them. This shows the high degree at which Kudler Fine Foods prioritizes on customer satisfaction. The vision Kudler Fine Foods is to be the premiere gourmet grocery store for those shoppers that value best produce, meat, wine (Apollo Group, 2013). The owner of Kudler Fine Foods considers the company as one that operates in an industry where there is no direct competition. This paper discusse s about Kudler Fine Foods in respect to the market structure in which it operates, why the market structure was decided upon, how the market structure differentiates from other alternatives, how Kudler Fine Foods finds itself working with organizations that are an oligopoly, monopoly, perfect competition or monopolistic market structure. The paper also examines the different sectors within the industry, and how market structure may vary within those sectors, identifies three competitive plans that may be used by the firm to increase its profits over the long run, evaluates the efficacy of the strategies in the identified market structure, and finally offers recommendations in relation to the strategies that the firm might consider in order to maximize its profits. Market structure Kudler Fine Foods operates in a monopolistic market structure. This structure consists of several companies that sell slightly different products. Kudler has differentiated products (Colander, 2010). The reason this market structure was decided upon is because it can act independently as well as adapt to economic trends while meeting consumer preferences. This differentiates the Kudler fine foods from its competitors. Kudler Fine Foods enjoys a monopolistic competitive advantage through marketing strategies and product differentiation (Apollo Group, 2013). Also, another reason this structure was decided upon is based on barriers to market entry. In respect to Kudler Fine Foods, there are low barriers to market entry. The reason is that establishing a gourmet grocery store is easy compared to other businesses. The monopolistic market structure differs from oligopoly in that oligopoly is dominated by few large farms, many barriers to entry, and identical or differentiated products. In regard to monopoly, there is no competition in the market as a firm is always the only seller in the market. The structure has a full market control. The perfect competition market structure has no market control, and no firm influences the market price. Also, the structure consists of a large number of small firms and firms have the freedom to enter and exit the market. Kudler Fine Foods belongs to a saturated industry. This means that the firm has to work with other organizations that may have different market structures. In order to work with monopolistic organizations, Kudler Fine Foods ensures that though similar products are produced, the branding is not the same. This ensures that Kudler customers go for the products they are familiar with. For oligopoly organizations, few firms dominate the market. This means that only few large firms compete with Kudler. Since these market structures have a high concentration in the marketplace, a company like Kudler still operates and succeeds behind these companies. Its products still attract consumers in the same market place. Kudler Fine Foods is also able to work with organizations with monopoly market structure because such organizations have difficulties in entering the market (Colander, 2010). This is due to high costs or other barriers. Therefore, Kudler can enter the markets easily than such orga nizations. Kudler works with organizations that have perfect competition market structure in that since there are no barriers to entry, there is perfect information to all participants and also, firms produce identical products. Kudler's products are still recognized in the market in that they provide information to customers. Its market structure has low barriers to entry and also ensures that its products are differentiated. There are three major different sectors within the grocery industry. These are the supermarket, wholesale and retail sectors. These sectors have different market structures. The supermarket sector operates within the oligopoly market structure where there are few large firms (Colander, 2010). Here, though there are large barriers to market entry, these few large farms are highly competitive and therefore each supermarket competes to supply and sell its products. Also, it offers self-services. For the retail sector, it operates within the perfect competition market structure where there are few small firms, no market price control and low barriers to entry (Colander, 2010). As such, this sector flourishes more than others, and many groceries are sold. The third sector is the wholesale sector which operates within the monopolistic competition market structure. Due to low barriers to entry, this sector is highly concentrated. The reason this sector has succeeded is that it is based on the structure's ability to offer differentiated products that favor more customers as well as the ability to inform the customers on the nature of the grocery products. Kudler's competitive strategies have enabled it to maximize its profits. In order to grow its business, Kudler implemented the product differentiation strategy (Apollo Group, 2013). This strategy enables the firm to invest progressively in creating new products as well as rebranding the existing ones. As such, customers believe that products from Kudler are quite different from competitors' products. This makes Kudler superior to its competitors. It also experiences a large number of customers and therefore increases in profits. In addition, Kudler offers complementary services to customers such as home delivery after shopping. Another competitive strategy of Kudler is educating customers on the nature of products before purchase. Currently, Americans are more health conscious than before and therefore careful of everything they consume. Kudler has taken this advantage by informing customers on the availability and quality of products in their stores (Apollo Group, 2013). Kudler puts easy-to-read labels on foods that are low in fat, high in prote...

Monday, May 18, 2020

Essay on The Negative Effects of Too Much Social Media

Over the past few years social media has grown to be a phenomenon in our culture. â€Å"Facebook operates the world’s No. 1 Internet social media network with 1.2 billion users,† and this is just one venue for social media (Oreskovic, 2014). As more people from all age demographics begin to log in to this growing phenomenon, it’s important to step back and take a look at the side of social media that is not so enjoyable. We’ve all heard the quote. â€Å"You can’t have too much of a good thing†, but how true is this? That is exactly what we will be looking into, is too much social media a good thing or are you being negatively affected? Studies have proven that social media in excess can cause negative effects on an individual’s time management,†¦show more content†¦Many have blocked the sites from company computers and banned cell phone usage while working, and for good reason. In 2012 Salary.com conducted a survey of 3,200 pe ople where 64% said they daily visit websites unrelated to work (White, 2012). Not only are employees wasting time but employers are wasting time and money working to keep their employees on task and off social media sites. With the continual distraction of social media, work quality and work performance suffer. The next victim of social media’s negative effects is communication and the English language as a whole. Proper grammar skills have been replaced with shortened â€Å"text speak† that is being widely accepted by the general public. â€Å"While social media lingo may send English teachers into a tailspin, experts have pondered whether proper English grammar may be on a road to extinction in the brave new world of emoticons, texts, tweets, and short Facebook posts† (Alix, 2012). Poor grammar skills like incorrect spelling or punctuation can leave readers with the perception that the writer is lazy or not as well educated. The way one speaks, verbally and w ritten, should give a representation of who they are. Interpersonal skills deal with one’s social interaction and ability to build relationships. Interpersonal communication is taking a dramatic hit as most people prefer to communicate to others online instead of face-to-face. It seems now day’s people have to make a real effort to sit down and have aShow MoreRelatedPro And Cons Of Social Media1168 Words   |  5 PagesSocial Networking, More Like Social NOTworking Picture this, you just got the greatest haircut of your life. Feeling good, you take a selfie and post it on Instagram with the caption, â€Å"Feelin’ good.† A few hours later, you get a notification that someone commented on your picture. That comment reads, â€Å"You’re feeling good about THAT haircut? LOL!† You were just a victim of cyberbullying. Cyberbullying is one of the many negative effects of social networking and social media on teens, and could createRead MoreSocial Media1742 Words   |  7 Pageshttp://sociallyactive.com/social-media-effect/ THE EFFECTS OF SOCIAL MEDIA ON TEENAGERS As parents, we strive day in and day out to provide healthy meals, drive our kids to soccer practice, cheer at the games; attend parent-teacher meetings at school and teach them to say â€Å"no† to drugs and other bad habits.   While we are busy covering all the basics of being a good parent, we can be far too oblivious of the effects the social media is having on children. Kids today are as  technologically connected  asRead MoreThe Effects of Social Media on College Freshmen Essay1284 Words   |  6 PagesSocial media is defined as websites and applications used for social networking, in other words it is a way for people to interact and express themselves without being face to face. Social media has become a large part of the life of teenagers, who make up most of the population of people who are subjected to using social media in their daily lives. Many college students are faced with balancing their social lives with school and even athletics making priorities a big dilemma for them. College studentsRead MoreMedia Effects On Children And Adolescents1521 Words   |  7 Pagesall surrounding with media, people use the media every day and everything; such as watching television, using the computer, and talking on the phone. On the media we could learn and find out the information that we need. And we can also share our personal information on th e media. Media gives us a lot of convenient in our life, but there are also some negative impacts. Media has a lot of negative impacts which it could be affected on children and adolescents. The article â€Å"Media and Risky Behaviors†Read MoreNegative Effects Of Social Media Essay1053 Words   |  5 PagesSocial media was a large creation in the twenty first century. It formed a new base to reconnect and talk to people anywhere in the world. The new database made a positive impact on communication and news, but there seems to be a negative effect on teens and society as a whole. Social media has a negative effect on teens because of online bullying, lack of communicating and socializing, and living in real time Social media can create many teens to become addicted to the internet and not be in realRead MoreSocial Networking Has Caused More Harm Than Good to People923 Words   |  4 Pagessupport the motion that social networking has done more harm than good to Nigerian youths. Social networking has become a major part of society. Even big businesses and celebrities are jumping on the social networking bandwagon. Many people wake up each day and check social websites first thing in the morning instead of reaching for a newspaper. According to Mashable.com, as of June 2010, American Internet users spend more than 22 percent of their online time using a social networking site. SinceRead MoreCause Of Social Media Essay702 Words   |  3 PagesCAUSE OF SOCIAL MEDIA Recently, social media become hot topic in this era. Social media is used by children, adults, and many people. Social media is something people can communicate with other people when there is have a internet. Social media brings some impact into human life. Social media is channels or means of social interaction online in cyberspace (internet). Social media users communicate, interact, send messages, and share, and build networks (romelteamedia). Until now, all on thisRead MoreEffects Of Technology And Media On Our Lives958 Words   |  4 PagesEffects of Technology and Media in our lives With the advancement in media and technology, almost anything is possible nowadays. Looking back a couple years ago, people did no have cellphones, computers or televisions to occupy and make their lives easier. With the development of these products and more, people are able to communicate and do work much faster and more efficiently. Society has come a long way with technology and media and to say that there are no negatives to them would be falseRead MoreThe Positive Effect of Social Media Essay724 Words   |  3 PagesPositive Effect of Social Media Since the birth of social media people have argued whether it has a positive or negative effect on society. Social media outlets like Facebook, Twitter, and Instagram give people a chance to stay connected. Although, with the power of social media comes the possibility of cyber bullying. While there are some negatives associated with social media, the positives in communication all around, has made the world stronger and a better place to live in. Social networkingRead MoreNegative Affects of Social Media Essay606 Words   |  3 PagesNgawang Dhondup Sherkis EQS22-07 Wrtg Wkshp 25 February 2013 Social media is like a game. Once you learn and get along with how to use these websites you get addicted to it. For example, now I am addicted to social media. Before I was introduced to social media I did all of my homework and was one of the top students in the class. From that moment I became engage to websites such as facebook, tweeter, ooVoo and instagram. It affected my life pessimistically. For instance, these days I

Saturday, May 16, 2020

How Old is a Star

Astronomers have a few tools to study stars that let them figure out relative ages, such as looking at their temperatures and brightness. In general, reddish and orange stars are older and cooler, while blueish white stars are hotter and younger. Stars like the Sun can be considered middle-aged since their ages lie somewhere between their cool red elders and their hot younger siblings.  The general rule is that hotter and much more massive stars, such as the blueish stars show in this image, are likely to live shorter lives. But, what clues exist to tell astronomers how long those lives will be? This region of space contains very hot, young stars. How long they live and how they die tells a lot about the life cycles of stars across the cosmos. The very massive star R136a1 lies in this star-forming region in the Large Magellanic Cloud (a neighbor galaxy to the Milky Way). NASA/ESA/STScI Theres an extremely useful tool that astronomers can use to figure out ages of stars that ties directly into how old the star is. It uses the spin rate of a star (that is, how fast it spins on its axis). As it turns out, stellar spin rates slow down as stars age. That fact intrigued a research team at Harvard-Smithsonian Center for Astrophysics, led by astronomer Soren Meibom. They decided to construct a clock that can measure the stellar spins and thus determine the stars age. Why Is Knowing a Stars Age Important? Being able to tell the ages of stars is the basis for understanding how astronomical phenomena involving stars and their companions unfold over time. Knowing a stars age is important for many reasons having to do with star formation rates in galaxies  as well as the formation of planets.   Artists concept of a protoplanetary disk around a newly formed star. NASA Its also particularly relevant to the search for signs of alien life outside our solar system. It has taken a long time for life on Earth to attain the complexity we find today. With an accurate stellar clock, astronomers can identify stars with planets that are as old as our Sun or older. The Spin of a Star Tells the Tale A stars spin rate depends on its age because it slows down steadily with time, like a top spinning on a table slows down after a few minutes. A stars spin also depends on its mass. Astronomers have found that larger, heavier stars tend to spin faster than smaller, lighter ones. There is a close mathematical relationship between mass, spin, and age. Measure the first two, and its relatively easy to calculate the third. An artist impression of a white dwarf star in orbit with pulsar PSR J2222-0137. It may be the coolest and dimmest white dwarf ever identified. The spin rate of this star gives astronomers clues to its aging process. B. Saxton (NRAO/AUI/NSF) This method was first proposed in 2003, by astronomer Sydney Barnes of the Leibniz Institute for Physics in Germany. Its called gyrochronology from the Greek words gyros (rotation), chronos (time/age), and logos (study). For gyrochronology ages to be accurate and precise, astronomers must calibrate their new stellar clocks by measuring the spin periods of stars with both known ages and masses. Meibom and his colleagues previously studied a cluster of billion-year-old stars. This new study examines stars in the 2.5-billion-year-old cluster known as NGC 6819, thereby significantly extending the age range. To measure a stars spin is not an easy task. No one can tell just by looking at a star how fast its turning. So, astronomers look for changes in its brightness caused by dark spots on its surface—the stellar equivalent of sunspots. Those are part of the Suns normal activit and can be tracked just as starspots can. Unlike our Sun, however, a distant star is an unresolved point of light. So, astronomers cant directly see a sunspot cross the stellar disk. Instead, they watch for the star to dim slightly when a sunspot appears, and brighten again when the sunspot rotates out of view. These changes are very difficult to measure because a typical star dims by much less than 1 percent. And, time is an issue. For the Sun, it can take days for a sunspot to cross the stars face. The same is true of stars with starspots. Some scientists have gotten around that by using data from NASAs planet-hunting  Kepler spacecraft, which provided precise and continuous measurements of stellar brightnesses. One team examined more stars weighing 80 to 140 percent as much as the Sun. They were able to measure the spins of 30 stars with periods ranging from 4 to 23 days, compared to the present 26-day spin period of the Sun. The eight stars in NGC 6819 most similar to the Sun have an average spin period of 18.2 days, strongly implying that the Suns period was about that value when it was 2.5 billion years old (about 2 billion years ago). The team then evaluated several existing computer models that calculate the spin rates of stars, based on their masses and ages, and determined which model best matched their observations. Fast Facts Spin rate helps astronomers determine information about the age and evolution of a star.Researchers continually study spin rates to understand how different types of stars change through time.Our Sun, like other stars, spins on its axis.

Wednesday, May 6, 2020

Key Events of The Cold War - 841 Words

1. US and USSR interests: The Cold War extended to all corners of the world with a proxy war on almost every continent. The South East Asian country Vietnam became a Cold War battleground for the Second Indochina war which involved both the US and Russia’s interests. It was, once again, the Capitalist struggle against Communism. The Vietnam War was a direct result of the USSR’s and China’s communist presence and pressure. It was part of the â€Å"Domino Effect†. The â€Å"Domino Effect† was a theory by US politicians that because of Russia and China’s pressure and power, all of Asia would follow suit in becoming communist one by one. Kennedy believed that if they could stop this from occurring in Vietnam, they would be able to stop all of Asia from turning to communism for they would have broken the chain(Staff). The USSR on the other hand was interested in this conflict for the communist government in the North was doing exactly what the Sov iet Union and its leaders wanted: to spread communism throughout and to show the world how bad capitalism and democracy was. 2. Key Events and Terms: Following the Geneva Accords in 1954 Vietnam split into two different countries, the North and South, with two different rulers, Ho Chi Minh and Ngo Dinh Diem. Ho Chi Minh consolidated his power up North after the Vietminh, the revolutionary group defeated the French in the first Indochina War. Diem was the South nationalist leader and had been elected by the French with much US support for he wasShow MoreRelatedEssay about Ss310 Unit 2 Assignment - Cold War1015 Words   |  5 PagesUnit 2 Assignment – Cold War Tezra Lee Kaplan University The Cold War represents the disputes between the Soviet Union and the United States, and may be the most noteworthy political issue of the late 20th Century. The Cold War was a very political issue because it influenced foreign policies, impacted our economy, and even affected Presidential elections. The United States was worried that the Soviet Union would extend communism throughout Europe with its power and control over smaller andRead MoreConceptions of the Cold War Essay1006 Words   |  5 Pagesterm Cold War? The term Cold War can be defined as the period of political impasse which existed between our country (U.S.A.) and U.S.S.R. from the early 1950s until the fall of Communism in the early 1980s. Words and phrases associated with Cold War include, race to arms, race to space, Bay of Pigs, and The Berlin Wall. Did you ever study the Cold War in school? If so, what are some aspects of the Cold War that you remember? Having been born in 1952, I lived during the Cold WarRead MoreTaking a Look at the Cold War1237 Words   |  5 Pagescovering is the Cold War and question number six. The Roosevelt Administration was determined to avoid a retreat like the one that followed WWI. The United States itself had sole possession of the atomic bomb. The United States goal was to expand democracy. America saw that there needed to be global economic reconstruction. The Soviets looked to model the rest of the world after their own values and origins. It indeed had to do with Soviet Expansion. The Russians didn’t want to go to war with the UnitedRead MoreThe Red Hunts And The Cold War Essay1679 Words   |  7 Pagesallied countries during the Cold War, from the early 1950’s to the late 1960’s. I will investigate the way in which the escalation of the Cold War led to communist paranoia in Western countries and how this ‘Red Scare’ was spread through propaganda and magnified b y the intense fear of military and nuclear conflict during the Cold War. The red hunts must be viewed in context - as a symptom of communist paranoia that influenced most of the western world during the Cold War. I will then examine the manyRead MoreRethinking Cold War History, By John Lewis Gaddis1340 Words   |  6 PagesGaddis, John L. We Now Know: Rethinking Cold War History. Oxford, New York: Oxford University Press1997. We Now Know: Rethinking Cold War History, is a book about the Cold War. This book was written by John Lewis Gaddis. John L. Gaddis is a Cold War historian. He portrays the Cold War in English and through the dialect of others. The thesis of this book is, I seek to situate this book at a particular point in time, not to claim timelessness for it. This is what I think we know now but did not knowRead MoreThe Cold War : A New History By John Lewis Gaddis1690 Words   |  7 Pagesrevolt against the arrogant, totalitarian regime set a precedent for the future events in which the nation came together to oppose anything that went against the concept of democracy, and capitalism. Communism, or Marxism posed as a huge threat to the free mined Western societies, thus resulting in world wars that left perilous aftermaths, and bred an ongoing conflict between the two global political establishments. The Cold War, which is most commonly known by the conflicts between the liberal UnitedRead MoreW orld War II : The Rise Of Communism1088 Words   |  5 PagesWorld War II was a tremendously impactful war which was fought during the forties. It had many turning points and great changes that turned not only the United States but the world. One of the first events that occurred was the rise of Communism. With the rise of communism it caused panic in the country of the United States. The panic was inevitable because anyone could be suspected of being a communist. Also, with communism rapidly spreading in Europe it was hard for the United States to stay inRead MoreThe Great Purge Of The Cold War1658 Words   |  7 PagesJoseph Stalin’s determination greatly affected his leadership and led to the beginnings of the Cold War. His determination allowed him to rise to power and destroy all opposition against his reign. The Great Purge, one of the greatest terrors in history, was also done due to his determination to stay in power. This same determination led to, as well as shape d, a large quantity of the events of World War 2. His leadership was similar to the leadership of Adolf Hitler, yet because of his determinationRead MoreHow Far Did Peaceful Coexistence Ease Cold War Tensions Between the Soviet Union and the Usa in the Years 19531008 Words   |  5 PagesHow far did peaceful coexistence ease cold war tensions between the Soviet Union and the USA in the years 1953-61? In the years 1953-61 some might say that the cold war tensions were eased by peaceful coexistence, with super power negotiations and key agreements paving the way for better relations. Despite this, the stronger argument suggests that ultimately, cold war tensions were not eased, the cold war continued for another 30 years. This was due to failure to negotiate anything of substanceRead MoreThe Cuban Missile Crisis During The Cold War1378 Words   |  6 PagesThe Cuban Missile Crisis occurred in 1963 in a setting that was the high point of tension in the Cold War. The most significant background cause of the Cuban Missile Crisis was the underlying cold war ideology of capitalism vs communism. This was dramatically increased by the second key cause, a series of events that quickly built tensions between the super powers from 1959 such as the U2 incident, JFK’s response to the Berlin Wall, and the Bay of Pigs incident. The third cause was the relationship

Movie the Matrix and George Orwells 1984 Essay - 1788 Words

Movie the Matrix and George Orwells 1984 Neo was now surrounded by people just like him who were searching for answers as to what the Matrix is. As they were sitting around the table, Mouse turns to Neo and says, To deny our impulses is to deny the very thing that makes us human. During the Agent Simulation Training with Morpheus, Neo follows his impulses and turns around to look at the woman in the red dress, Mouses proud creation. Neo was only following his human instincts. Of course, Mouses statement would only be true for all humans if we were actually allowed to have impulses. Winston Smith, in George Orwells 1984, would certainly disagree with this notion of humans having impulses, and every one in Airstrip One, Oceania†¦show more content†¦Each of these governments dictate how people lived their lives and made changes as they saw fit. The leaders of the Matrix are its creators, the machines, the Agents. The leaders of Oceania are the members of the Inner Party and the Thought Police. These leaders have pulle d the same type of world over these peoples eyes to blind them, to make them believe their truths. These people are their slaves, and the government has created a prison for these peoples minds. The past was dead for both worlds, the future, however, is unimaginable. Nothing is their own except for the few cubic centimeters inside their skulls. Both stories starts when the characters asks the forbidden question, Has life always been like this, and is that all there is to it? Winston seems alone in his quest for answers. He didnt have a figure like Morpheus waiting for him to provide him with answers. He had to wait until he was sure that OBriens political beliefs were not as perfect as he made them out to be. Winston wants to be sure that he could talk to OBrien about the continuous Big Brother monologues that have been going on in his head for years. Neo, on the other hand, was given a choice in either staying in Wonderland, or seeing how deep the rabbit hole goes. In finding truth, however, both characters are aware of the consequences that face them in finding the answers they have been searching for. The wrath of the authorities was inevitable. InShow MoreRelatedUtopi A Colony Of Human Virtue And Happiness3490 Words   |  14 Pagesregulation, which is absent in this novel, the likelihood of a â€Å"cuckoo in the nest † significantly increases; consequently, raising the probability of rebellion. An example of the techniques needed to prevent a coup can be found in the novel 1984, by George Orwell. Orwell’s creation of Oceania is by no means a place of ideal perfection. The population which consists of the Proles, Inner, and Outer Party, all rally behind the totalitarian figurehead, Big Brother, out of fear and conditioning. The Inner PartyRead MoreOrganisational Theory230255 Words   |  922 Pagesthe Post Industrial Society, P. Sadler, 1988, Ashgate; Figure 5.2 J Gross/Getty Images/Sport; Figure 5.3 after Manpower strategies for flexible organizations, Personnel Management August, Chartered Institute of Personnel and Development (Atkinson, J. 1984); Figure 5.4 from Kalleberg, A., Flexible firms and labour market segmentation: effects of workplace restructuring on jobs and workers, Work and Occupations (Vol. 30 Issue 2) pp. 154–175, copyright 2003 by Sage Publications, reprinted by permission

Financial Management in Public Nonprofit Agencies MyAssignmenthelp

Question: Discuss about the Financial Management in Public and Nonprofit Agencies. Answer: Introduction: It can be said that at the time when net present value (NPV) of a particular project is positive, then the project can essentially be accepted (Brigham and Ehrhardt 2013). Again, if the NPV of a project is negative, then that project can be rejected. If the project one is taken into consideration, the net present value as present below in the table is negative. Therefore, according to the acceptance criteria, this current project can be taken into consideration. Again, the evaluation as reflected in the second table, it can be hereby mentioned that conveyer belt has negative NPV. Thus, from the viewpoint of NPV mechanism, both the projects needs to be rejected. Nevertheless, there are several other factors that can be taken into account while taking into account decisions of investment. Analysis reveals that NPV of essentially the first project mentioned in the device part is observed to be positive and the specific amount is at $989935. Thus, according to the criteria for acceptance, the first project needs to be rejected. Again, as per the table, it can be hereby mentioned that NPV of the second project that is about the conveyer system is essentially negative. Findings of the study reveals that the NPV for the second project is at $(120728). Thus, the project on the conveyer system needs to be rejected (Bodie 2013). Thus, the first project can be accepted and the other one that is the second one can be rejected. The above table shows the calculation of the NPV for three different systems that is System A, System B and System C. System A yield positive NPV of $27,810, system B has negative of ($8055) and System C has negative NPV of ($120728). Essentially, present value of the cash inflow in the future period minus the investment cost otherwise the cost of carrying out the project replicates the net present value (NPV) of the project. In case if this difference is calculated to be positive, then the project is said to be feasible. Therefore, in this case, System can be said to be feasible, whereas System B and C having negative NPV can be said to be non-feasible. System B however has better feasibility than the system C. Therefore, in this case System A can be considered for investment. Analysis of average risk that is involved in capital budgeting In this section, the learner has carefully chosen the company JB Hi Fi, an ASX listed corporation that is undertaking a novel project of establishing 6 new stores during the year 2015. In a bid to assess the overall risk of capital budgeting, entire duration of the specific project is considered to be 15 years (Jbhifi.com.au 2017). By employing capital budgeting technique, we are here to evaluate the feasibility of the project. In this case, we intend to utilize the net present value technique for deciding whether to undertake a certain project and analysis of risks that is associated to the project. In essence, present value of the cash inflow in the future period minus the investment cost or else the cost of carrying out the project reflects the net present value of the project. In case, if the variance is positive, then the project is said to be feasible (Bodie 2013). However, there are also certain other facets that need to be take into account that affects specifically the NPV o f the project. However, this project necessarily involves risk owing to different variables that can be associated to the net present value. Again, the capital cost is the factor that we can take into account for particularly discounting the cash inflows in the future period (Bartlett et al. 2014). Essentially, the capital cost needs to be more, in itself, rate for discounting when a particular project is considered to be risky (McKinney 2015). In addition to this, the cash flow of the corporation during the future essentially depends on financial leverage of the business concern. In case if the business concern has greater debt requirements, then the financial leverage is expected to be considerably high and the cash flow during the future is expected to be more risky (Jbhifi.com.au 2017). However, these can be regarded as the variables that can exert influence on NPV and can thereby depict the overall riskiness of specific projects. The primary objective of management of working capital is to make certain that a business concern is able to carry on its functions and has adequate capability to satiate both maturing debt that are short-term in nature as well as future operational expenditures. From the reports of the company, the working capital of the corporation JB Hi Fi for two different financial year has been amassed. The figures for the working capital are hereby presented below: It can be hereby observed that the working capital of the corporation is negative. This Negative working capital occurs at the time when a particular firms current liabilities is over and above the possessed current assets. This also indicates towards the fact that the business concern has failed to meet its different obligations during the short term period by employing the current assets. There might be different situations that leads to the negative working capital of the capital. However, in order to state whether this negative working capital is a favourable situation or an unfavourable situation depends on the reason behind the negative result. Essentially, the figure for working capital has declined by 117.4. In addition to this, the inventory turnover ratio is also around 6.1 times during the financial year 2015 as compared to 6.2 times during the year 2014 (Jbhifi.com.au 2017). However, analysis the findings reveal that the company has failed to efficiently convert its inven tories into sales in order to fulfil different short term requirements even though the company has become a nit more effectual during the financial year 2015. However, this negative working capital also implies that the firm utilizes the liabilities of the short term. As rightly indicated by Brigham and Ehrhardt (2013) financing refers to the means of acquiring diverse resources in order to purchase any specific item, then repaying the loan in a definite period of time say weekly, monthly or else annually. In essence, short term financing refers to the process of arranging of funds in a bid to meet up the requirements of a specific corporation for about a year or else for a lesser time. The firm might need short term financing in case flows of cash from different operations are not adequate to maintain the growth associated financing requirements. Again, the firm might possibly prefer to borrow funds in the current period for the inventory or any other asset of the short term period. As rightly indicated by Brigham and Ehrhardt (2013) credit risk indicates towards a risk that a specific borrower might not pay back loans and that the lender might fail to get back the loan or else the interest related to the same. This credit risk mainly stems as borrowers anticipate to utilize flows of cash to make payments for the current debts. However, it is impossible to make it certain that borrowers can definitely pay back the borrowed funds. Utilization of liquid financial assets can help in lowering the overall credit risk of the corporation. In essence, the business concern Telstra Corporation is depending heavily on the particular use of different commercial paper (Telstra.com.au 2017). This is apparent that utilization of commercial paper can lead to improvement of the overall credit worthiness as well as greater credit rating of the corporation. As rightly indicated by McKinney (2015) financing policy can be considered to be integral to the strategic plan of a corporation. This financing policy sets out the manner in which a particular corporation plans to fund diverse operations in order to meet organizational objectives both in the current period and in the upcoming period. The financing policy deals with the management of debt and equity, trade-offs between the ultimate selections of optimal structure of capital, role of essentially structure of capital in necessarily competitive strategy, design of structure of capital as well as securities. A capital structure that is oriented to debt is essentially followed by the business concern Telstra Corporation. Therefore, this capital structure of corporation can help in reduction of the overall risk. Again, business concerns have assimilated three objectives in particularly the financing policies. In essence, this objectives involve preservation of financial agility, maximizati on of wealth of the shareholders of the firm by generation of higher return and adoption of balanced approach by financial strengthening (Telstra.com.au 2017). In particular, the capital structure of the business concern has considerably contributed by means of usage of commercial paper as reflected by the overall debt level in the entire capital (Telstra.com.au 2017). Essentially, there is higher growth of capital spending by adoption of financial policy and this in turn has affected the overall profitability, efficacy of management as well as financial health. References Bartlett, G., Beech, G., de Hart, F., de Jager, P., de Lange, J., Erasmus, P., Hefer, J., Madiba, T., Middelberg, S., Plant, G. and Streng, J., 2014. Financial Management: Turning theory into practice. OUP Catalogue. Bodie, Z., 2013. Investments. McGraw-Hill. Brigham, E.F. and Ehrhardt, M.C., 2013. Financial management: Theory practice. Cengage Learning. Jbhifi.com.au. 2017. JB Hi-Fi | Australias Largest Home Entertainment Retailer. [online] Available at: https://www.jbhifi.com.au [Accessed 6 May 2017]. McKinney, J.B., 2015. Effective financial management in public and nonprofit agencies. ABC-CLIO. Telstra.com.au. 2017.Telstra - mobile phones, prepaid phones, broadband, internet, home phones, business phones. [online] Available at: https://www.telstra.com.au/ [Accessed 30 Apr. 2017].

Tuesday, May 5, 2020

Friend Green Tomatoes Essay Example For Students

Friend Green Tomatoes Essay Love is one of the most powerful forces in the world, and one of the most difficult to describe. It is one of those emotions that words do not seem to justify a person may feel it, but may not be able to explain it. However, that does not mean that people do not know that love is out there. Many people believe that everyone has one true love somewhere in the world, and spend their lives searching for that person. Love is not difficult to find though. It exists in many forms, including love between family members, friends, different races, and even the love for oneself, both in the novel Fried Green Tomatoes at the Whistle Stop Cafe by Frannie Flagg and in ones own life. The first and most basic form of love is found in the family. From the time a child is born, in usual circumstances, that child is loved unconditionally. A person grows up with their family, and is able to express who they really are. Because of this, ties within the family are usually quite strong. Take for example the relationship between Idgie and Buddy: Idgie (Imogene), a dare-devilish tomboy, and her older brother Buddy are quite close until Buddys untimely death. Idgie takes his passing with difficulty: You never saw anybody hurt so much. I thought she would die right along with him (Flagg, p.37). Another example of the love felt within a family is Stump (Buddy Jr.), who is Ruths son, Ruth herself, and Idgie. Stumps father is murdered, and grows up with Ruth and Idgie as his parents. Ruth and Idgie do everything possible to try and keep Stump happy. In fact, when Stump is feeling self-conscious about being with a female in the sexual sense, it is Idgie who arranges for him to h ave intercourse with a friend of hers: Its just that Im scared, Aunt Idgie. Im just plain scared' (Flagg, p.266). The door of the cabin opened, and a freshly bathed, powdered, and perfumed woman with rust-colored hair and apple-green eyes said, Come on in, sugar, as Idgie drove away (Flagg, p.267). Also, another example of family love is how hard Jasper Peavey works, and how he scrapes to white people to get enough money to support his family: The burial policy for his family was paid off, he had sent all four of his children through college, and not one of them would ever have to live off tips. That was the one thought that had kept him going all the hard, long, back-breaking years (Flagg, p.320). His grandson is embarrassed by how his grandfather acts, but Jasper still managed to succeed when he was younger. The fact that his grandson is able to be embarrassed proves the success if Jasper had done poorly, the grandson would not be well off, and would be bowing and scraping to whit es just as his grandfather had. A more unusual type of love for the setting is the love between black and white races. The blacks are faced by many problems, especially in the South mid-century, but they seem to jump to the occasion and succeed against poor odds. Idgie and Ruth both admire and care about the blacks in the story. When Onzell kills Frank Bennet, Idgie knows that the law would have her killed, so she risks her own freedom by going to trial as the accused. This is proof that Idgie is fond of Onzell and Big George, and even loves them if shes willing to take such a chance. As well, Onzell feels great loyalty towards Ruth she kills a man to try and protect Ruths baby. Onzell is almost like another mother to Stump, and a good friend of Ruth and Idgies. Another black/white relationship with love involved is the one between Sipsey and the Threadgoode family. Sipsey is their servant, but they treat her like another member of the family. She is there for Idgie to talk to, and whenever Idgie couldnt bear to be home any longer, shed just take off and go stay with Sipsey over in Troutville (Flagg, p.37). Finally, there is the love that Evelyn has not for the blacks, but for what they do to her. When she attends Martin Luther King Memorial Baptist Church, she is freed. She is fascinated by how energetic the service is, and by the beautiful people that attend: She felt her heart open and fill with the pure wonder of being alive and making it through (Flagg, p.312). .ua6b8d5c82ac5181b58969abc799ef9ce , .ua6b8d5c82ac5181b58969abc799ef9ce .postImageUrl , .ua6b8d5c82ac5181b58969abc799ef9ce .centered-text-area { min-height: 80px; position: relative; } .ua6b8d5c82ac5181b58969abc799ef9ce , .ua6b8d5c82ac5181b58969abc799ef9ce:hover , .ua6b8d5c82ac5181b58969abc799ef9ce:visited , .ua6b8d5c82ac5181b58969abc799ef9ce:active { border:0!important; } .ua6b8d5c82ac5181b58969abc799ef9ce .clearfix:after { content: ""; display: table; clear: both; } .ua6b8d5c82ac5181b58969abc799ef9ce { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ua6b8d5c82ac5181b58969abc799ef9ce:active , .ua6b8d5c82ac5181b58969abc799ef9ce:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ua6b8d5c82ac5181b58969abc799ef9ce .centered-text-area { width: 100%; position: relative ; } .ua6b8d5c82ac5181b58969abc799ef9ce .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ua6b8d5c82ac5181b58969abc799ef9ce .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ua6b8d5c82ac5181b58969abc799ef9ce .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ua6b8d5c82ac5181b58969abc799ef9ce:hover .ctaButton { background-color: #34495E!important; } .ua6b8d5c82ac5181b58969abc799ef9ce .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ua6b8d5c82ac5181b58969abc799ef9ce .ua6b8d5c82ac5181b58969abc799ef9ce-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ua6b8d5c82ac5181b58969abc799ef9ce:after { content: ""; display: block; clear: both; } READ: Walt Whitman EssayA more familiar type of love is the love that exists between friends. There are many examples of the love that goes along with friendship in the novel. Idgie and Ruth become friends when the two of them are fairly young. Idgie, when she first meets Ruth, is attracted to her: Now, children, your sister has a crush' (Flagg, p.81). The two of them would have done anything for each other. You know, Ruth, Id kill for you Id die for you' (Flagg, p.86). When Idgie learns that Ruths husband Frank is abusing her, Idgie threatens him, gets Ruth out of that situation, and takes her back to Whistle Stop. The pair begins the Whistle Stop Cafe, and spends the rest of t heir lives together until Ruth passes away. Also, there is the friendship that exists between Evelyn Couch and Ninny (Virginia) Threadgoode, a middle-aged woman going through menopause and an elderly woman in a nursing home, respectively. They become friends out of loneliness Evelyns mother-in-law, who resides at the nursing home as well, doesnt want to see her, and Ninny doesnt have any visitors to keep her company. By listening to the stories of the past that Ninny tells her, Evelyn gets more self-confidence and is no longer so dismal. Finally, throughout the novel, the author develops the idea of accepting and loving oneself. This is shown in the changes that occur to several of the characters as the novel moves along. Evelyn Couch shows the most significant change in the novel. She is portrayed as a submissive, depressed woman with no self-esteem at the beginning of the story: This morning, as they drove out to the nursing home, she Evelyn realized that her life was becoming unb earable The quiet hysteria and awful despair had started when she finally began to realize that nothing was ever going to change She began to feel as if she were at the bottom of a well, screaming, no one to hear (Flagg, p.63). As Evelyn becomes friends with Ninny, she learns from her that it is pointless to feel so hopeless and despondent. After Evelyn manages to rid herself of her alter-ego, Towanda the Avenger, she begins to understand and feel good about herself. She also attends a weight-loss spa where she found her group, the group she had been looking for all her life (Flagg, p.374). By the end of the novel, Evelyn is a happy, well-adjusted middle-aged woman who is finally able to love herself. Love can be uncovered almost anywhere. In the novel by Frannie Flagg, Fried Green Tomatoes at the Whistle Stop Cafe, love is a powerful force that is found in many forms: love between family members, love between friends, love between races, and the love that a person has for themselves. This love is important because without it there would be an extensive amount of fighting between people, and a greater lack of respect between citizens. To maintain the sanity of the world, there must be love. 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