Wednesday, August 26, 2020

Micro and Macro Management free essay sample

Large scale Management In a basic definition the board is the individual or people who control or direct a business or other endeavor. Nonetheless, the board is a lot bigger than only one individual or little gathering of individuals. The executives is additionally the act of taking care of, management, bearing, and control (www. word reference. com). It is a lot bigger than one individual, or even a little gathering of individuals; the executives is all over the place. We use the board in all parts of our day by day lives, regardless of whether it is sorting out an occasion, or taking care of a buy request. The board must be organized through numerous levels so as to be fruitful, starting with small scale the executives, in the end its way up the stepping stool to large scale the executives. Smaller scale and full scale parts are the center make up of each business, each having various characteristics and qualities that structure the general structure squares to progress. During the preparation of another representative, most organizations utilize the small scale the executives procedure to give the direction and devices the worker needs to get effective with that business. We will compose a custom paper test on Small scale and Macro Management or on the other hand any comparative point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Miniaturized scale the executives is utilized my managers to watch and control crafted by their workers. It includes giving worker littler undertakings, while they screen and survey the work being done (www. word reference. com). Small scale the executives is regularly utilized in the start of any business or foundation; essentially, you have to begin some place. In the opening of another business, direction will consistently should be offered from collaborate workplaces to guarantee a perfect change in the initial procedure. When a business is built up, the executives will thusly smaller scale deal with their representatives; controlling them through the systems and duties the organization requires. Since miniaturized scale overseeing includes directors disregarding the errands their workers are embraced, frequently it is thought of as an apathetic strategy. Through the eyes of a partner, smaller scale overseeing can be de inspiring, thusly making uncertainty and absence of trust in the working environment. Despite the fact that miniaturized scale overseeing is utilized as an early on device, it tends to be drawn out for a more drawn out term of time. Doubt, wariness, and vulnerability are ordinary sentiments a worker may understanding if their boss is mishandling the technique for small scale overseeing. The job of supervisor is a significant situation of management in any association. The administrator/supervisor plays a key capacity, in the everyday needs of the association, by finding an equalization of work proficiency and overseeing staff. This equalization turns out to be much increasingly common when doling out activities or collaborating with subordinates. This paper will examine a few angles or entanglements, administrators could end up engaged with; and will recognize strategies used to beat these circumstances when directing subordinates. The situation of chief holds numerous duties in an association; those obligations run from managing demands from upper administration and overhauling employee’s needs, and keeping in mind that seeing to postulations obligations, the administrator despite everything needs to regulate the general course of their specialty. The various undertakings a supervisor must work inside, requires the chief to be adaptable and

Saturday, August 22, 2020

Marketing Plan Starbucks Coffee Essay Example | Topics and Well Written Essays - 4000 words

Advertising Plan Starbucks Coffee - Essay Example Starbucks Coffee made a modest start in the year 1971 when it started selling bean and prepared espresso in a little store in Seattle USA. Throughout the years the organization has built up itself as one of the main espresso stores of the world serving in excess of a million clients however a committed nearness in more than 50 countries spread across 17000 urban areas over the globe. The organization is by and by recorded as an open firm and its stocks are by and large effectively exchanged on the bourses of NASDAQ stock trade in USA. The brand arrangement of the firm incorporates â€Å"Starbucks Coffee, Seattle’s Best Coffee, Tazo Tea, and Torrefazione Italia Coffee†. The principle point of the firm to give the best espresso to the clients utilizing the best crude materials sourced morally and prepared at the firm’s own handling unit. The universal extension procedures incorporate organizations just as authorizing. The accomplishment of the firm could be investigated from the way that it works effectively in countries having various culture and customs keeping up a very great norm. Despite the enormous business nearness the organization keeps up high moral guidelines which is uncovered from the way that it has been appraised as one of the most moral organizations of the world for the fourth back to back time by the Ethisphere magazine. (Starbucks-a, 2011). Market Analysis Internal Environment The examination of inner condition should be possible by recognizing the qualities, shortcoming, openings and dangers looked by an association. SWOT investigation is a valuable apparatus that can help in examining the inside condition of an association . Qualities The greatest quality of Starbucks Corporation lies in its solid image picture which has made a solid situating of the firm in the brains of the client. Nearness in enormous

Friday, August 21, 2020

How to Develop Strong Business Acumen

How to Develop Strong Business Acumen Every business needs leaders at all levels who are able to hold the different strings together and make decisions for the benefit of the whole organisation. These people are often referred as having strong business acumen.But what is business acumen about and how can you develop it? © Shutterstock | G7 StockIn this guide, we’ll explore business acumen and the benefits of developing it. We’ll also provide tips on how to start developing strong business acumen to advance your career and enhance your ability to lead.WHAT IS BUSINESS ACUMEN?Before you can begin developing strong business acumen, you must first properly understand what it means. According to the Financial Times, business acumen is the “keenness and speed in understanding and deciding on a business situation”.It is essentially the thought process, which you need for understanding the key factors behind issues related to a particular business action and the ability to comprehend the consequences of particular actions. It’s the ability to pick the right reactions and actions in complex situations, as well as the understanding of how different parts of a business relate to each other.Furthermore, business acumen is related to understanding how businesses operate. A person with strong business acumen would be able to understand and explain things like:How does the business make money? What is a person’s individual contribution and role in this? What are the different elements that make a certain action work or not work?Perhaps most importantly, business acumen isn’t an innate ability. It is something most people learn through formal training in leadership and by enhancing your awareness of what are the key skills required for better management and leadership.To truly comprehend the issues, it’s a good idea to examine the skills that people with business acumen have. A person with good business acumen will:Be able to obtain essential information.Be able to focus on the key objectives.Be able to recognize the options available for solving problems.Be able to select the right approach to overcome those obstacles.Be able to set in motion the plan that gets things done.What this essentially means is that people with business acumen can create larger frameworks and use th em for the benefit of the business. They are able to see the big picture and use the finer details to their advantage in the event of problems. If you like sports, then you could compare a person with business acumen to the quarterback on the field in American football.When you are developing your business acumen, you therefore must focus on improving your analytical capabilities, enhance your logical thinking and remain disciplined in the face of tasks.Check the below introductory clip to business acumen: THE BENEFITS OF STRONG BUSINESS ACUMENThe above might sound interesting, but you might be wondering if business acumen is something you should focus on in your own career. The short answer is ‘yes’, as you can benefit from better business acumen whether you are an entrepreneur, a CEO or a team manager.Strong business acumen will, of course, help you advance your career further. Any major leadership role often requires the ability to see the ‘big picture’ â€" without it, yo u can’t lead the troops to victory. You must be able to relate smaller elements together and hold all the different strings together.It’s also beneficial for entrepreneurs because it boosts your ability to start a business. If you examine the key abilities of a person with business acumen, you are essentially describing the building blocks of developing a good business plan. Additionally, as a start-up entrepreneur won’t have helping hands everywhere at the start of the business, but you must be able to know about product development, marketing, accounting and so on. You need an overall sense of running a business to make it work; in short, you need business acumen.But the benefits aren’t just for improving your career or for people launching their own business. A business will benefit from having a workforce with business acumen. This is due to the following reasons:People with business acumen can be more efficient in their work, as they notice the connections within the wo rkplace and the way different contributions affect the different elements.You’ll also be able to understand the different trade-offs of actions, which can help make better and more logical decisions.Business acumen can help provide a more co-ordinated and logical responses to problems and threats the business might have. Because it teaches quick thinking, you aren’t panicked in the face of difficulties.[slideshare id=37653240doc=businessacumenslideshare2014-07-30-140804145657-phpapp02w=640h=330]DEVELOPING STRONG BUSINESS ACUMEN THROUGH FOUR KEY ELEMENTSWhen it comes to developing strong business acumen, you need to focus on four distinct elements.Better understanding of your thought processImprovement in your business knowledgeDevelopment of your management style and gaining better understanding of different stylesEnhancing your overall management and leadership skillsWe’ll examine these below and provide tips on how you can improve your skills in all four areas.#1 Better unde rstanding of your thought processBetter understanding of your thought processes is key for enhancing business acumen, as it is centered so heavily on the thinking and analyzing. If you are able to understand the frameworks in which businesses operate and the different directions different decisions take, you are better at judging different steps and actions.Improving your understanding of your own decision-making process can boost the understanding of these complex frameworks and how they relate to each other. The more you understand about your personality and ability to make decisions, the better you will become in using your strengths to your advantage.How to improve your thought processes and your understanding of them?First, you need to examine your own personality and thinking patterns. You should do personality tests, such as Myers Briggs and DiSC, and evaluate how you approach problem solving. For example, are you the type of person who likes to take a moment to think up a so lution or do you get head on solving the problem with a trial and error method?Once you are able to comprehend what type of person you are in the face of problems, you can use the strengths to your benefit and ensure the weaknesses don’t ruin your thinking.Furthermore, even in the business environment, you want to start asking more questions to get a broader picture of the business. It doesn’t matter if you are the sales person or the accountant; widening your understanding of the business will help.You essentially want to improve your knowledge on why things are done the way they are. If there’s a problem in your department, how is it dealt with? Don’t take anything you see or the decisions that are made around you for granted. Question, examine and study, and start thinking about your own solutions.Focus your efforts on the three critical dimensions of managerial thought process:The context, scope and details of the specific situation. You need to be able to outline these each time you are faced with a situation and to know which parts are important going forward.The complexity of the situation. You should also be able to see the current and future complexities and their role in causing confusion.The ability to improvise. Things don’t always go according to plan and business acumen means you are able to respond to unanticipated developments without problems.Interested in learning how business acumen is used in strategy?[slideshare id=41624288doc=businessacumenforstrategy-141116141419-conversion-gate02w=640h=330]#2 Improve your business knowledgeFor strong business acumen, a wider understanding of the different aspects in business is crucial. It’s not only about knowing how the specific organization operates, but also knowing more about the industry as a whole and business in general. Without a wider knowledge on these topics, you can’t come up with comprehensive solutions and strategies.In terms of enhancing you the focus should be on a few iss ues:The layers of competing tensions within the different stakeholders in a business. Every business has these tensions, whether it’s between customers and investors or between the different customer groups.The business strategies, which offer competitive advantage not just in terms of creating profits or attracting customers, but also for obtaining talent and better product development.The importance of talent acquisition to a business. A person with strong business acumen will know success is largely based on talent and the ability to adjust as talent requirements change within the industry and business.How to improve your business knowledge?What are the tools and resources you should use in order to stay on top of the above points? You must utilize a few key personal development strategies.First, you need to start reading more. You should delve into numerous business blogs, obtain good books about business and focus on following online discussion on relevant topics on social me dia. When finding the blogs and books, focus on the industry you are operating, the world of business in general and personal development related topics, such as leadership and management.Below is a selection of resources you definitely want to add to your regular reading list:Business InsiderEntrepreneurCleverism (us of course :-))You should also consider enrolling in courses. You can find adult classes on your chosen topics by using keywords like “adult course in [topic] in [your location]” in Google. Furthermore, don’t forget about online courses. The edX website has plenty of free business-focused courses, as well as personal development courses to enhance your knowledge.You naturally can also learn more about the different aspects of a business without external courses. If you are working in an organization, ask your manager for the option to cross-train. The ability to experience different departments and roles will be helpful for future understanding of how the business operates. When you are learning about new things, use the concepts and ideas in real life situations. Think in terms of the organization you are working for and how implementation of the new ideas would work.Thinking about these abstract concepts or strategies through real examples and existing business structures can deepen your understanding of them. If you come across concepts and ideas, you do not quite understand, make notes and conduct research later when you have time. Find the experts in the subject and don’t be afraid to ask questions from your colleagues.For instance, if you don’t understand the concepts in finance, you can check with your organizations finance department for tips on how to explore the topic further.#3 Develop your management style and understanding of different stylesBusiness acumen also requires a good grasp of management processes and styles. These are essentially the tools, ideas and procedures, which provide the structure and framework for the ma nagement and the organization as a whole. The different styles and processes can boost business acumen by guaranteeing a more logical and consistent approach for different issues.The idea is to enhance the understanding of the different approaches you can take in order to solve a business problem. It’s about the ability to understand processes that are behind sound management decisions and using the existing framework as a guide to improving decision-making and the overall business acumen.How to improve your understanding of the management styles and processes?The management processes refer to things like strategic planning, performance measurement systems and the styles of management approaches such as autocratic and permissive.You should start your venture into these topics by reading more on the topics. Great guides for management processes and styles can be found in blogs such as:Leaders In HeelsManagement BlogLeading with PurposeWhen you are examining the different processes try to think about the pros and cons in terms of your current organization. You should also think what type of organizations might be best suited for these types of processes and styles. Eventually you should start understanding which style is the most natural to you. You’ll identify the resources and approaches you like to use as a manager, which will start enhancing your business acumen.You should also consider reading interesting historical takes on management and leadership. Books such as The Prince by Niccolo Machiavelli and The Art of War by Sun Tzu are interesting accounts of what strategies a successful leader should use.[slideshare id=8138750doc=managementstyles-110528195146-phpapp02w=640h=330]#4 Enhance your management and leadership skillsFinally, you can develop business acumen by focusing on improving people skills. Business success doesn’t just rely on the understanding of how a business works and what are the connections of different elements within the business, it also relies on the ability to lead the people. Implementation of the right strategies is reliant on the kind of employees you are leading.Appropriate people skills ensure you don’t harm the efficiency of the organization. Bad management has been shown to decrease productivity and increase employee dissatisfaction â€" strong business acumen requires the ability to empathize and understand different behaviors.How to improve your leadership and management skills?The best way to start exploring the topic is through books and blogs. You want to consider reading books like:The Effective Executive by Peter F. DruckerDon’t Bring It to Work by Sylvia LafairThe 21 Irrefutable Laws of Leadership by John C. MaxwellIn terms of blogs, you should definitely follow some of the most successful leaders and their blogs.Michael HyattJohn MaxwellSkip PrichardWayne DyerDan RockwellFurthermore, you should look at the business world, whether it’s your chosen industry or something completely differ ent, and identify the people whose leadership style you like. Follow them on social media, read their blogs and books, and learn what are the most important elements of a good business leader to them.Don’t be afraid to talk to your own managers and ask about their approach. You can learn more by comparing and analyzing different approaches rather than just narrowly focus on a specific leadership skill.Overall, you want to create a mentoring network around you. The network will be crucial for teaching you about different ways of looking at things and it will support you as you venture deeper into leadership and management. The plethora of ideas and strategies around you will strengthen your business acumen, since your awareness will enhance.Remember the mentoring network can be a collection of people with varying backgrounds and statuses in the business world. You should forge strong relationships with co-workers, managers, friends and other prominent business people.IN CONCLUSIONA person with strong business acumen will be able to make sound judgments and create business strategies, which lead to better business success. As the above has shown business acumen isn’t something easily acquired, but it can be taught and strengthened.The key to acquiring strong business acumen is about learning and experience. You want to know as much about the specific organization, but also the business world in general. You need solid people skills to ensure you don’t implement strategies purely on a financial basis, for example, but also consider the impact employees have on future operations.Developing strong business acumen will take time and the learning never stops. It’s therefore crucial to try to ensure you are using the above strategies weekly. Schedule your development and learning sessions and embrace the world of business with an inquisitive mind.

Sunday, May 24, 2020

Relationship Relationships With Your Family - 1382 Words

Relationship Analysis Paper Relationships with your family should be nurturing and should create a supportive environment that allows you to develop into the person that you want to be. Fortunately for me, this is true in all areas of my family. I have tremendous parents, sisters, grandparents, and cousins. These people have been a remarkable support system throughout my life and I cannot be more thankful. Since talking about each one of them is not allowed I will talk about the relationship that I have with my mother. My mom is the most understanding and gentle person I know. She is the type of person that you can fall on when you need for someone to listen to you. Throughout this paper I will evaluate my relationship with her by emphasizing, empathetic listening, paralanguage, social penetration theory, the principle of immediacy, and other various communication topics that define our relationship. Although my family is encouraging, it is safe to say that they are a bit demanding, especially my father. Throughout my life I have been pushed to make straight A’s and be involved in everything. With this comes an exceptional amount of stress and at times frustration with others. A frustration that would drive many away from their family. This would have been true for myself if it was not for my mom. We both share the ability to listen empathetically to one another. I remember when I made a B on my report card in middle school. My father grounded me for my basketball gameShow MoreRelatedBuilding A Good Relationship With Your Family1676 Words   |  7 Pagesbuild a good relationship with your family is to trust them and learn how to accept what they have to say in order to gain their trust. Family relationships are important because it plays a crucial role in instilling values and teaching responsibilities. Children who grow up in healthy families can create better relationships outside their families. Good relationships also help in solving misunderstandin gs in the family, thus creating a stable unity. Healthy relationships help family members to haveRead MoreRelationship Essay931 Words   |  4 PagesRelationships We could be enemies, friends, dating, married, strangers, cousins, neighbors, siblings, parents, coworkers, or lovers. As you look at your life from an outside perspective, you will realize you have many diverse relationships in your life. No two relationships are exactly the same. Each connection you have in your life is different from the next. Relationships make the world go round. Without any relationships, the world would not function, our population will not reproduce and lifeRead MoreRelationship With The Education Service Essay833 Words   |  4 Pagesabout their relationship with the education service they are using - either school or early childhood. 1) Information about the parent’s background (Guardians) †¢ Age †¢ Education †¢ Employment/occupation †¢ Ethic/Cultural group †¢ Previous marriage? †¢ Do you and your partner in any kind of medical condition? 2) Parent’s origin families †¢ The family members you and your partner grow up with and its family structure/history, and the places you and your partner been live with that family. †¢ If you willingRead MoreCommunication At Close Relationships : Friends, Family, And Partner1035 Words   |  5 PagesCommunication in Close Relationships: Friends, Family, and Close Partners Austin Waite Interpersonal Communication Instructor: Kristine Clancy December 7, 2015 Communication in Close Relationships: Friends, Family, and Close Partners Introduction: Communication, a connection between people or places, is important in any relationship, whether it be with a teacher about homework, or your parents about school. â€Å"Most people have never learned how to communicate.   Without this skill, a person isRead MoreThe Rate Of Dating And Marriage994 Words   |  4 Pages When you are considering a biracial relationship there are a lot of factors to consider. The rate of dating and marriages has really grown. In 1967, interracial marriages were banned (Fulks,R, N.D.). Three years later 65,000 marriages were black and white couples. These couples normally consist of a African-American Man and a White Woman. There are a lot of person they don’t agree with biracial relationships and that’s their own personal opinion. Years ago when white owners were raping their blackRead MoreThe Relationship Rules Theory In Relationships1330 Words   |  6 PagesRelationship rules theory The relationship rules theory is the concept that relationships between family ,friends ,romantic partners ,workplace ,and other places, are based on social rules. When the rules are broken it may cause problems and can destroy the relationship. Friendship rules Friendship rules that can help the relationship to build strong and powerful roots are, standing up for your friends when he or she has made a mistake, show emotional love showing that you care for that person,Read MoreThe Elements of an Effective Relationships and Daily Strains1352 Words   |  6 PagesRelationships can work with the right ingredients! This paper will define the elements of an effective relationship and the strains pulling on those relations daily. Acknowledging those components could improve the quality and success of the relationship. Historically, relationships go back to the beginning of time. Relationships are governed by commandments and traditions.Keep in mind, background is a huge influence on people actions in a relationship. Relationship is defined as a correlation byRead MoreThe Importance Of A Strong Self Care Plan1492 Words   |  6 PagesRelationships To build a strong self-care plan, you must realize that one of the most important parts will be taking time for yourself. You must realize that taking time for you is not a selfish thing to do. The plan embraced by one individual may be quite different than the plan embraced by another individual. For example a self care plan for an individual suffering from an addiction would not necessarily be the same as the self care plan used by an individual wanting to lose weight. It is trueRead MoreRelationship Between An Individual And The Person1313 Words   |  6 PagesIntro Boundaries give each person a sense of legitimate control in a relationship. Professional boundaries are the limits to the relationship of a worker and a person in their care which allow for a safe, therapeutic connection between the worker and that person (and their nominated partners, family and friends).All formal working relationships need rapport and trust to function well. This is particularly relevant to the relationship between an individual and the person/s who are employed to provideRead MoreSibling Relationships And Family Relationships912 Words   |  4 PagesOver time the relationships you have with your siblings change, you can start out not liking each other and then in later life being to love or tolerate each other (Brothers, Sisters and Aging Parents, 2014). Late adulthood is defined as being over the age of sixty-five (Later Adulthood, n.d.). The sibling relationships is forced relationships that are maintained by the siblings to foster a lifelong relationship (Martin, Anderson, Rocca, 2005). Siblings play very different roles for each other

Thursday, May 14, 2020

Differentiating Between Market Structures Essay - 1446 Words

Markets are different, without these different markets there would not be any structure. Being able to understand different markets and its language, like demand, supply, average variable cost and marginal costs we can better prepare for economic and financial future. The market structure and the interaction that occurs can be defined by the number of businesses, and barriers new firms have when entering a particular market. Perfect competition, monopoly, monopolistic and oligopoly are four forms of market structures recognized by economists. Compare and Contrast Public goods are by their nature non-exclusive (people cannot be prevented from enjoying the good or it is prohibitively costly to do so) and non-rival (when one person consumes†¦show more content†¦The cost of having a firm such as water and power is so high that it is not profitable to build another firm to compete. Typically natural monopolies are utilities, which are regulated by the government to prevent them from exploiting with high prices. Natural monopoly should not be compared to Monopoly, as monopolies are normally short lived due to the technological advances developing competition for an industry. (n/a, June 6, 2005, 2/5). Common recourses, simply includes objects that everyone can use. Example: nature like air, and roads where we drive on and or walk on. These common resources can be goods or services that people contribute to the cost of the production by taxation that affects the value of land. Nature can provide us all the basics such as trees that mankind can use to make furniture, boats and, many other useful products. These natural resources can create labor, tools, and the cost of the product that brings profit and increases the economy by the circular of human efforts by labor and sales of a finished product. Other examples of common recourses are irrigation systems, fishing grounds, pastures, forests, water, and the atmosphere (Acheson, 1988, 1/3). Public goods are the non-exclusive that represents a type of service that is available to public such as doctors. When an individual, pays a doctor visit, it does not reduce any visits from the rest of the public. In another words, the use of something by one person will not takeShow MoreRelatedDifferentiating Between Market Structures1766 Words   |  8 PagesDifferentiating between Market Structures Jessika Canales Dà ­az ECO /365 08/28/2010 Instructor: SR. Carlos Mà ©ndez David Differentiating between Market Structures In this simulation, the learner studies the cost and revenue curves in different market structures perfect competition, monopoly, monopolistic competition, or oligopoly faced by a freight transportation company, and makes decisions to maximize profits or to minimize losses. The simulation also deals with the concept of Prisoner’sRead MoreDifferentiating Between Market Structures And The Market Structure1239 Words   |  5 PagesDifferentiating Between Market Structures Arthur Levitt once wrote, â€Å"Our markets have not achieved their greatest successes as a result of government fiat, but rather through the efforts of competing interests working to meet the demands of investors and to fulfill the promises posed by advancing technology.(Arthur, Levitt. (2015)) The competitive nature of an industry is what drives our markets throughout the world. An industry consists of all firms making similar or identical products. McDonald’sRead MoreDifferentiating Between Market Structures1598 Words   |  7 PagesDifferentiating Between Market Structures Jennifer Lavallee ECO/365 May 27, 2013 Market structure is the physical characteristics of the market within which companies react. This means that there are different kinds of market structure based on how companies work together within a particular industry. Location and product have the most to do with determining the market structure. There are four defined market types. The first market structure is called the perfectly competitive market. TheRead MoreDifferentiating Between Market Structures1692 Words   |  7 PagesDifferentiating Between Market Structures Using the virtual organization of Kudler Fine Foods, evaluations will be made to determine market structure and competitiveness. Kudler Fine Foods current strategic plan for 2003, marketing overview, and market surveys will provide information to evaluate how Kudler competes in its market and where its strengths and weaknesses are located. Based on the evaluation of Kudler Fine Foods an applicable market structure will be determined and the structures effectsRead MoreDifferentiating Between Market Structures1924 Words   |  8 PagesDifferentiating Between Market Structures Alana Campbell, Dale Fortune, Katrina Beyah, Leonard Cooper University of Phoenix ECO/212 Principles of Economics Donnetta McAdoo December 5, 2011 Differentiating Between Market Structures To understand the economy of today one must understand the different market structures that make up the economy. There are four market structures that define the economic structure within the world’s economy; perfect competition, monopoly, monopolistic competitionRead MoreDifferentiating Between Market Structures1910 Words   |  8 PagesDifferentiating Between Market Structures Don Peterson ECO/365 February 2, 2015 Elena Zee Differentiating Between Market Structures A market structure in economics describes the state of a market with respect to its competition. There exist several different market structures like perfect competition, oligopoly, and monopolies among others. These markets all produce different types of goods or services, like public and private goods as well as common and collective goods. Firms operatingRead MoreDifferentiating Between Market Structures1134 Words   |  5 PagesDiffereantiating Between Market Structures Identify  the market structure in which this organization competes. Clearly indicate why the market structure was decided upon and how this market structure differentiates from the other alternatives.   MARKET STRUCTURE The interconnected characteristics of a market, such as the number and relative strength of buyers and sellers and degree of collusion among them, level and forms of competition, extent of product differentiation, and ease of entryRead MoreDifferentiating Between Market Structures Essay1077 Words   |  5 PagesDifferentiating between Market Structures The structure of a market is defined by the number of firms in the market, the existence or otherwise of barriers to entry of new firms, and the interdependence among firms in determining pricing and output to maximize profits. The author of this paper will cover: the advantages and limitation of supply and demand identified in the simulation, the effectiveness of the organization in which the author knows, and how the organizations in each market structureRead MoreDifferentiating Between Market Structures Essay1105 Words   |  5 PagesDifferentiating Between Market Structures ECO/365 Principles of Microeconomics August 30, 2012 Differentiating Between Market Structures Retail sales are indicators of microeconomic conditions presented in a given area at a particular place in time. Since Sam Walton opened his first Wal-Mart store, Wal-Mart has been making ripples throughout the micro economies of America. Wal-Mart’s market structure is typical of most of our nation’s largest corporations in that they are an oligopoly (BrownRead MoreDifferentiating Between Market Structures Essay1260 Words   |  6 PagesDifferentiating Between Market Structures Yvonne C Rivera ECO/365 May 16, 2013 Paul de la Pena Abstract There are many TV service providers available in the U.S; however there are only two companies that offer services via satellite. Dish operates within the monopolistic competition market. Dish has been in business since the early 1980’s and has gradually worked its way up to become one of the leading satellite provider and innovator of new technology. In 2013 they offer service to over

Wednesday, May 6, 2020

The Incarceration Of Women Prisons - 1298 Words

Women Incarceration in US prisons Incarceration of women in United States prisons due to drugs-related cases is increasing at an alarming rate. Incarceration serves as one of the main punishment and rehabilitation of drugs-related offenses. While some are in to drugs abuse and trade willingly, others are innocently involved. It could be because of being used to distribute on behalf of their husbands or boyfriends, or even by simply living with people who are involved in the trade. In fact, 70% are those imprisoned due to non-violent drug-related crimes (American Jail Association. 2014). Life of women in prison is faced with a lot of challenges than that of men. First of all, bearing in mind that most of these women have young children to take care of, it is quite devastating to be separated from their babies. Such undergo psychological trauma which weighs them down to almost unrecoverable state. Especially those caught under conspiracy laws find the judgment quite harsh because they could be totally innocent. Living with a husband or a boyfriend who deals with drugs doesn’t mean that they conspire. It could all along be happening in high secrecy such that the wife or girlfriend doesn’t know their partners involvement. When a woman is caught and incarcerated under such a circumstance, they will definitely suffer psychologically. This doesn’t mean that others caught under conspiracy or even direct trade of drugs do not suffer. They equally suffer psychologically because thereShow MoreRelatedIncarceration Of Women s Prisons1584 Words   |  7 Pag esJessica Guallpa 16 December 2015 Incarceration of Women Women s prisons in general are much more different and complicated than a men s prison. When entering a women s prison, the first thing that you need to know is it has changed significantly over the years. Women first began to make an appearance in prisons in the earlier years, but were not heavily charged as comparison to men. In the earlier years of the 1870’s the United States began placing women in correctional facilities separate fromRead MoreThe Impact Of Mass Incarceration On African Americans1019 Words   |  5 PagesAmerican youth will experience a parent’s incarceration. Research has shown that children of incarcerated parents experience emotional problems, socioeconomic problems, and cognitive disturbances (Miller, 2007). In this paper, I will discuss the impact of mass incarceration in the African American community and its effect on African American children. Incidence and Prevalence Until the 1970’s America was on par with Germany and France in incarceration rates (Campbell, Vogel, Williams, 2015) Read MoreRacism: Incarceration of a Household Member and Hispanic Health Disparities1344 Words   |  6 Pageslooking at our nation’s prison system and how the incarceration rates are skewed towards African American men. The reasons for the incarceration rate disparity are argued and different between races, but history points out and starts to show the reason of why the disparity began. Families and children of the incarcerated are adversely affected due to the discrimination as well as the discrimination against African American students and their likelihood of going to prison compared to the white studentRead MoreThe United States : A Growing Problem With Women1553 Words   |  7 PagesStates has a growing problem with women in the criminal justice system. There has been a dramatic increase of women since the 1980’s. 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During the paper we will analyze sentencing

Tuesday, May 5, 2020

No One Would Listen free essay sample

There was no explanation of the continuous one percent yield in over forty five stocks that Madoff dealt with. Madoff took advantage of the laxity by the SEC officials in failing to follow up complains with an investigation, and the trust bestowed upon him by the high and mighty. As long as the public saw paper trail provided by Madoff that the stocks were continuously yielding dividends, there was no cause for alarm. The few people that realized that Madoff was actually pushing a Ponzi scheme alerted the appropriate authorities which in turn let Madoff off with a slap on the wrist. The SEC went to investigate Madoff in his building on the 18th and 19th floor but missed a whole 17th floor where the scam was mainly doing its operations. Over a period of nine years Markopolos alerted the SEC five times about the Ponzi scheme that Madoff was running, but they caught up with him when most of the money was already spent lavishly in gifts and exorbitant parties. One of the reasons Madoff was able to perpetrate his fraud for so long was his preference for marketing his investment business by word of mouth. Until the scams later years, people heard about it from friends. It was a private club, one that, famously, became only more desirable because of Madoffs seeming reluctance to admit new investors. One of the tacit conditions, as we know now, was an understanding that information about Madoff investments including their existence was to be held closely. Most investors complied. Who would want to anger Madoff and risk losing their privileges? When Barron came up with an article raising questions about Madoff nothing happened. The employees and traders shrugged it off. As it would later turn out, Madoffs illegal investment business was indeed subsidizing his legal trading operation. Among the charges to which Madoff pleaded guilty in March were three counts of money laundering, which involved transferring millions of dollars from Madoffs fraudulent business through his London operation to his legitimate New York business. At least $250 million was transferred in this manner, according to the charges. In 2006 when the SEC launched an investigation into Madoff’s dealings it was from persuasion from Markopolos that Madoff was running a Ponzi scheme and he was also a key source for the Mar/Hedge article. The SEC also examined whether Fairfield Greenwich, a giant feeder fund, was properly disclosing the extent of its reliance on Madoff. According to research by Harry Markopolos, it grew from as much as $7 billion in 2000 to as much as $50 billion by the end of 2005. What had started decades before as a small-time recruiting effort by Madoff agents at country clubs had gone global. Massive international institutions such as Grupo Santander, Fortis Bank, and Union Bancaire Privee were all funneling billions sometimes through intermediaries to Madoff, lured by the call of steady 10% to 12% returns. Even one of the worlds biggest sovereign funds, the Abu Dhabi Investment Authority, ended up sinking tens of millions of dollars into the Ponzi scheme via its investment in one of the big feeder funds. The storm broke in 2008. The markets began a calamitous and accelerating decline. With their non-Madoff investments pulverized, more and more customers turned to what they thought were their most solid holding: They began requesting withdrawals from Madoffs fund. Madoff was keeping up his facade at work. But at home his desperation had begun to show. In November and early December, he asked his wife to make two transfers totaling $15. 5 million from a brokerage account to her personal bank account so that the cash would be at hand. Madoff had never made such a request before, two sources say. Ruth has insisted her husband didnt inform her of the fraud until the day before he was arrested. She maintains, according to one of these sources, that Bernie said he needed the cash to pay customer redemptions. By this point, $15. 5 million was a pittance compared with what he needed. As of early December, investors had demanded the return of some $7 billion. If Madoff truly withdrew his wifes money for that purpose, he had reached the point where he was rooting around in the sofa cushions for loose change. When the SEC arrived with dozens of agents from the FBI, and the Securities Investor Protection Commission, the 17th floor was abuzz with activity. The 17th floor was designated a crime scene, and guards were posted. The staffers who worked on 17 were herded to a small conference room near the coffee machines on the 18th floor, where they sat nervously in what some of them called office arrest. One by one they were taken to be questioned by the FBI. The companys computer and e-mail systems were shut down, so dozens of staffers passed the time watching movies, playing cards, and talking. Madoff managed to preserve a modicum of dignity, even as he pleaded guilty to 11 charges of fraud, theft, money-laundering, and perjury and absorbed the anger directed at him from the audience, where his victims watched. One of them addressed Madoff dir ectly: I dont know whether you had a chance to turn around and look at the victims, he said angrily. Madoff hesitated and then wheeled awkwardly in his seat as the judge admonished the victim for speaking to Madoff rather than to the court. When the judge remanded him to custody that day, Madoff silently pulled his shoulders back and allowed him to be handcuffed. The cuffs, which gleamed as if freshly polished, seemed somehow suited to the fastidious elegance of the defendant. Madoff was gone, likely never to take another step on free soil. And even if he doesnt get the maximum 150 years, whatever he does receive will effectively be a life sentence for a 71-year-old. As the sun set down on Madoff and his operations that embezzled more than 60 billion of the public’s money, I believe the SEC would’ve caught up with Madoff years earlier if they were more vigilant in his activities. Markopolos brought out some of the laxities of the SEC and am hoping these events will forever change the SEC and all laws should be followed to the letter when trading stocks. Bibliographic citation Kiobbo, Joseph. â€Å"No one would listen† Review of Harry Markopolos â€Å"No one would listen: A True Financial Thriller†. A casebook, ed. Harry Markopolos (2010).