Sunday, April 26, 2020
Supply And Demand Essay Example For Students
Supply And Demand Essay Supply Demand In this article it went into great detail about Supply , Demand and Equilibrium of Pokemon Cards. The article explained how during Christmas there was a flood of Pokemon Cards to the Market Place the area within which buyers and sellers of a good or service interact and engage in exchange. It stated how the Supply set of quantities of a good or service per unit of time that sellers would be willing to place on the market at various alternative prices of an item or other things being equal , increase rapidly this being called a Supply Shock. It then went into details that if the market was flooded with these Pokemon cards at Christmas the n the price value of the cards would drop. But not necessarily because of Demand amounts of a product that consumers are willing and able to buy at each price in a set of possible prices at a time. We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now If the kids that received Pokemon for Christmas are new to the market then there might be a shift in demand, unlike the kids that have already been into the market with Pokemon Cards. So there could be a rise in the price or a decrease depending on the demand. The article illustrates greatly on the Quantity Supplied amount of a good or service that people are willing to sell, Quantity Demanded amount of a good or service that people are willing to purchase. Supply Curve as prices rise the quantity that people are willing to sell rises (Law of Supply). Demand Curve as prices rise the quantity that people are willing to buy falls (Law of Demand). Equilibrium reached when supply equals quantity demanded. Economics Essays . Supply And Demand Essay Example For Students Supply And Demand Essay Recent medical advances have greatly enhanced the ability to successfully transplant organs and tissue. Forty-five years ago the first successful kidney transplant was performed in the United States, followed twenty years later by the first heart transplant. Statistics from the United Network for Organ Sharing (ONOS) indicate that in 1998 a total of 20,961 transplants were performed in the United States. Although the number of transplants has risen sharply in recent years, the demand for organs far outweighs the supply. To date, more than 65,000 people are on the national organ transplant waiting list and about 4,000 of them will die this year- about 11 every day- while waiting for a chance to extend their life through organ donation (Yoakam 1). We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now This figure, when looked at from an economic standpoint, exemplifies a case of Supply And Demand Essay between organ donors and patients with a diseased organ. Just as there is a supply and demand in any given market, there are also complementary and substitute goods. Who decides who gets transplants and who doesnt? This question implies that the organ market also needs to have various, effective allocation mechanisms. The organ market has complementary and substitute goods and can use various effective allocation mechanisms. A person that receives an organ transplant almost always requires several complementary goods. One obvious good is the medical care received for the actual transplant and for follow-up doctors visits. For most people who undergo an organ or tissue transplant the quality of their life and general overall health improves following the transplant. Persons who receive a transplant are frequently required to take a series of medications that suppress their immune system and prevent their body from rejecting the newly acquired organ. They often will need to undergo frequent medical visits and testing to monitor the transplanted organ. At times, the organ transplant will be unsuccessful and the organ may need to be removed. These people will be placed back on the waiting list for another organ (Yoakam). Two more goods are the medication to prevent rejection and (assuming the patient has insurance) payments made by the patients insurance company for the patients care. The donors family is not responsible for the costs incurred through organ donation. The recipient, most times through their insurance carrier or Medicare pays for all of the costs related to the donation of organs and tissue. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the complementary good will decrease. The converse of a complementary good is a substitute good. In the organ market, a substitute good really depends on what organ is being considered. People with diseased livers are particularly at risk because there is no medical alternative to transplantation for keeping a patientalive. The only two obvious substitute goods for a liver transplant would be extensive medical care and pain medications. On the other hand, someone with diseased kidneys has more options. One obvious option would be dialysis. But, when looked at as a whole, the organ market does have substitute goods. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the substitute good will increase. Since the National Organ Transplant Act of 1984 prevents a monetary price from being placed on a donated organ, effective allocation mechanisms must be utilized. Allocation mechanisms must be accessed because the shortage of supply compared to the demand. In any market, allocation mechanisms rely on many factors but some include friendships, under the table payments, predicted profit, and personal biases. In the organ market, several allocation mechanisms come to mind. There is always the possibility that a particular patient has a family member or friend that is in the organ transplantation profession, and/or the family of the patient is able to pay-off someone in charge of the distribution of organs. In reality, these two mechanisms are frowned upon for their lack of morality. One real possibility for an allocation mechanism is to make a waiting list on a first-come first-served basis. .u28056004e9063e2ff5a52171b42df943 , .u28056004e9063e2ff5a52171b42df943 .postImageUrl , .u28056004e9063e2ff5a52171b42df943 .centered-text-area { min-height: 80px; position: relative; } .u28056004e9063e2ff5a52171b42df943 , .u28056004e9063e2ff5a52171b42df943:hover , .u28056004e9063e2ff5a52171b42df943:visited , .u28056004e9063e2ff5a52171b42df943:active { border:0!important; } .u28056004e9063e2ff5a52171b42df943 .clearfix:after { content: ""; display: table; clear: both; } .u28056004e9063e2ff5a52171b42df943 { 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; } .u28056004e9063e2ff5a52171b42df943:active , .u28056004e9063e2ff5a52171b42df943:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u28056004e9063e2ff5a52171b42df943 .centered-text-area { width: 100%; position: relative ; } .u28056004e9063e2ff5a52171b42df943 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u28056004e9063e2ff5a52171b42df943 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u28056004e9063e2ff5a52171b42df943 .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; } .u28056004e9063e2ff5a52171b42df943:hover .ctaButton { background-color: #34495E!important; } .u28056004e9063e2ff5a52171b42df943 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u28056004e9063e2ff5a52171b42df943 .u28056004e9063e2ff5a52171b42df943-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u28056004e9063e2ff5a52171b42df943:after { content: ""; display: block; clear: both; } READ: Prostitution Essay This method would only be for those who, in a panel of doctors professional opinions, had a chance to survive after the transplant. . Supply And Demand Essay Example For Students Supply And Demand Essay Economics, Supply And Demand Essay In the article we find that teenagers have the oppertunity to be demanding about their salary in the baby sitting field, because the amount of babysitters today are scarce. The babysitting population, teenagers, find themselves busy with school, part time jobs, and extracirricular activity. Teenagers with drivers licenses are even more scarce than those with out, all in all, Its hard to find a babysitter. Times have changed, just twenty years ago there were 33 million children who needed to be watched, and 39 million babysitters(age 10 19), recent polls suggest that children that need to be watched raised 18 percent to 39 million while baby sitters dropped 5 percent to 37 million. The rise in children coupled with American families spending more time out then years ago, has allowed the babysitters to set their price with out haggeling. We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now Baby sitters are making well over the federal minimum wage of $5.15 an hour because they are in demand, and scarce; the babysitters who train in CPR, serve dinner, and drive are the hardest to come by and can demand the highest wages. In this article we see many examples of supply and damand and the powers of supply and demand. Babysitters are in demand, there is an increase in the amount of children who need to be watched yet there are relativly few who choose to babysit from the allready decreased amount of the babysitter work force. This gives the babysitter the advantage of a noncompetitive work force, allowing the baby sitter to set the price with out bargaining. If we were to compare two different production possibility frontiers, we would see a left shift of the curve while demand for baby sitters rises, from 1980 to 1996. In economics we concider this an inflation, the amount of resources(babysitters) decreased while the demand for them rose. This is what we would concider the begining of an econic problem because the resources are scarce. This resulted in an increase of price for that service. We also see that the most experienced, oldest, responcible, and best trained babysitters set the highest prices by up to 60% from a ;novice; sallery of $4 to a ;expert; sallery of $10 and consumers are willing to pay. A consumer is willing to pay that extra $6 an hour for the piece of mind they get when they go out and know that their children are being attending to in the best possible way, much like a consumer is willing to by name brand products for a higher price because they just ;feel; like its better. In the next two or three years the work force of the babysitters will grow, and so will the number of people under the age of 10, this will show a steady PPC with no signs of relief for the consumer. This article shows the power of supply and demand. 20 years ago when children under the age of 10 and baby sitters age 10-19 were both fewer, we saw more competition between the baby sitters resulting in price decreases. Today with fewer baby sitters, all with busy scheduals, and more young children we see the damand increase resulting in an increase of price. Economics . Supply And Demand Essay Example For Students Supply And Demand Essay On January 30, millions of televisions will be tuned in to the American Broadcast Companys live coverage of the Super Bowl. The three hour-plus event draws as many as 130 million viewers at one time. According to NFL Research, sixty eight percent of Super Bowl viewers say they pay attention to the commercials and fifty two percent said they discussed the ads the next day. With so many people watching the event, businesses see the Super Bowl as a golden opportunity to lure in profits by utilizing the commercial air time available. Due to the unlimited wants and limited resources, an economic condition called scarcity results. We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now Another economic principle, called investment, is exemplified in this article. Scarcity is a condition that exists because society has unlimited wants and needs, but there are limited resources for their satisfaction. During the three hour-plus football game, there will be opportunities for large businesses (and even some small businesses who have gambled on this form of advertising) to display their product or service to over a hundred million people. At an even greater expense, some companies are sponsoring pre-game, half-time, and post-game shows. Why does it cost so much money? Commercials during the Super Bowl are very powerful means of advertising. Companies can appeal to a larger audience by advertising during an event that is widely watched among all different groups. The commercials are also quite expensive because of the limited quantity. Advertising during the Super Bowl is a very smart investment. Investment is defined by the sacrifice of current benefits to pursue an activity with expectations of greater future benefits or rewards. Does this apply to the Super Bowl? Yes. Companies will dish out millions of dollars for 30-second blocks of air time. Some companies may even purchase more than that. The short term result is a loss of millions. That money invested in advertising, however, should return much more than that which was invested. The commercial air time during the Super Bowl is such a valuable commodity, that although it costs millions of dollars, those who invest in this form of advertising believe they will make a much greater profit in return. 380 Words Bibliography Catherine Valenti, (January 16,2000), War of the Web Sites, ABCNEWS.com, http://www.abcnews. go.com/sections/business/dailynews/superbowl_netads_000113.html Economics . Supply And Demand Essay Example For Students Supply And Demand Essay Economics, Supply And Demand Essay In the article we find that teenagers have the oppertunity to be demanding about their salary in the baby sitting field, because the amount of babysitters today are scarce. The babysitting population, teenagers, find themselves busy with school, part time jobs, and extracirricular activity. Teenagers with drivers licenses are even more scarce than those with out, all in all, Its hard to find a babysitter. Times have changed, just twenty years ago there were 33 million children who needed to be watched, and 39 million babysitters(age 10 19), recent polls suggest that children that need to be watched raised 18 percent to 39 million while baby sitters dropped 5 percent to 37 million. The rise in children coupled with American families spending more time out then years ago, has allowed the babysitters to set their price with out haggeling. We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now Baby sitters are making well over the federal minimum wage of $5.15 an hour because they are in demand, and scarce; the babysitters who train in CPR, serve dinner, and drive are the hardest to come by and can demand the highest wages. In this article we see many examples of supply and damand and the powers of supply and demand. Babysitters are in demand, there is an increase in the amount of children who need to be watched yet there are relativly few who choose to babysit from the allready decreased amount of the babysitter work force. This gives the babysitter the advantage of a noncompetitive work force, allowing the baby sitter to set the price with out bargaining. If we were to compare two different production possibility frontiers, we would see a left shift of the curve while demand for baby sitters rises, from 1980 to 1996. In economics we concider this an inflation, the amount of resources(babysitters) decreased while the demand for them rose. This is what we would concider the begining of an econic problem because the resources are scarce. This resulted in an increase of price for that service. We also see that the most experienced, oldest, responcible, and best trained babysitters set the highest prices by up to 60% from a novice sallery of $4 to a expert sallery of $10 and consumers are willing to pay. A consumer is willing to pay that extra $6 an hour for the piece of mind they get when they go out and know that their children are being attending to in the best possible way, much like a consumer is willing to by name brand products for a higher price because they just feel like its better. In the next two or three years the work force of the babysitters will grow, and so will the number of people under the age of 10, this will show a steady PPC with no signs of relief for the consumer. This article shows the power of supply and demand. 20 years ago when children under the age of 10 and baby sitters age 10-19 were both fewer, we saw more competition between the baby sitters resulting in price decreases. Today with fewer baby sitters, all with busy scheduals, and more young children we see the damand increase resulting in an increase of price. . Supply and Demand Essay Example For Students Supply and Demand Essay Recent medical advances have greatly enhanced the ability to successfully transplant organs and tissue. Forty-five years ago the first successful kidney transplant was performed in the United States, followed twenty years later by the first heart transplant. Statistics from the United Network for Organ Sharing (ONOS) indicate that in 1998 a total of 20,961 transplants were performed in the United States. Although the number of transplants has risen sharply in recent years, the demand for organs far outweighs the supply. To date, more than 65,000 people are on the national organ transplant waiting list and about 4,000 of them will die this year- about 11 every day- while waiting for a chance to extend their life through organ donation (Yoakam 1). This figure, when looked at from an economic standpoint, exemplifies a case of supply and demand between organ donors and patients with a diseased organ. Just as there is a supply and demand in any given market, there are also complementary a nd substitute goods. Who decides who gets transplants and who doesnt? This question implies that the organ market also needs to have various, effective allocation mechanisms. The organ market has complementary and substitute goods and can use various effective allocation mechanisms. We will write a custom essay on Supply and Demand specifically for you for only $16.38 $13.9/page Order now A person that receives an organ transplant almost always requires several complementary goods. One obvious good is the medical care received for the actual transplant and for follow-up doctors visits. For most people who undergo an organ or tissue transplant the quality of their life and general overall health improves following the transplant. Persons who receive a transplant are frequently required to take a series of medications that suppress their immune system and prevent their body from rejecting the newly acquired organ. They often will need to undergo frequent medical visits and testing to monitor the transplanted organ. At times, the organ transplant will be unsuccessful and the organ may need to be removed. These people will be placed back on the waiting list for another organ (Yoakam). Two more goods are the medication to prevent rejection and (assuming the patient has insurance) payments made by the patients insurance company for the patients care. The donors family is no t responsible for the costs incurred through organ donation. The recipient, most times through their insurance carrier or Medicare pays for all of the costs related to the donation of organs and tissue. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the complementary good will decrease. The converse of a complementary good is a substitute good. In the organ market, a substitute good really depends on what organ is being considered. People with diseased livers are particularly at risk because there is no medical alternative to transplantation for keeping a patientalive. The only two obvious substitute goods for a liver transplant would be extensive medical care and pain medications. On the other hand, someone with diseased kidneys has more options. One obvious option would be dialysis. But, when looked at as a whole, the organ market does have substitute goods. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the substitute good will increase. Since the National Organ Transplant Act of 1984 prevents a monetary price from being placed on a donated organ, effective allocation mechanisms must be utilized. Allocation mechanisms must be accessed because the shortage of supply compared to the demand. In any market, allocation mechanisms rely on many factors but some include friendships, under the table payments, predicted profit, and personal biases. .u5d0431394c7a424eca3d6070bb98fc08 , .u5d0431394c7a424eca3d6070bb98fc08 .postImageUrl , .u5d0431394c7a424eca3d6070bb98fc08 .centered-text-area { min-height: 80px; position: relative; } .u5d0431394c7a424eca3d6070bb98fc08 , .u5d0431394c7a424eca3d6070bb98fc08:hover , .u5d0431394c7a424eca3d6070bb98fc08:visited , .u5d0431394c7a424eca3d6070bb98fc08:active { border:0!important; } .u5d0431394c7a424eca3d6070bb98fc08 .clearfix:after { content: ""; display: table; clear: both; } .u5d0431394c7a424eca3d6070bb98fc08 { 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; } .u5d0431394c7a424eca3d6070bb98fc08:active , .u5d0431394c7a424eca3d6070bb98fc08:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u5d0431394c7a424eca3d6070bb98fc08 .centered-text-area { width: 100%; position: relative ; } .u5d0431394c7a424eca3d6070bb98fc08 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u5d0431394c7a424eca3d6070bb98fc08 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u5d0431394c7a424eca3d6070bb98fc08 .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; } .u5d0431394c7a424eca3d6070bb98fc08:hover .ctaButton { background-color: #34495E!important; } .u5d0431394c7a424eca3d6070bb98fc08 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u5d0431394c7a424eca3d6070bb98fc08 .u5d0431394c7a424eca3d6070bb98fc08-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u5d0431394c7a424eca3d6070bb98fc08:after { content: ""; display: block; clear: both; } READ: The Grand About Reconstruction EssayIn the organ market, several allocation mechanisms come to mind. There is always the possibility that a particular patient has a family member or friend that is in the organ transplantation profession, and/or the family of the patient is able to pay-off someone in charge of the distribution of organs. In reality, these two mechanisms are frowned upon for their lack of morality. One real possibility for an allocation mechanism is to make a waiting list on a first-come first-served basis. This method would only be for those who, in a panel of doctors professional opinions, had a chance to survive after the transplant. In other words, those dying with cancer along with a diseased organ would not be on the list. During the week of April 14, 2000, National Oragan and Tissue Donor Awareness Week, the President of the United States gave a proclomation. In this he stated, To address this critical and growing need, Vice President Gore and Secretary of Health and Human Services Shalala launched the National Organ and Tissue Donation Initiative in December of 1997. This public-private partnership was designed to raise awareness of the success of organ and tissue transplanta-tion and to educate our citizens about the urgent need for increased donation. Working with partners such as health care organiza-tions, estate planning attorneys, faith communities, educational organizations, the media, minority organizations, and business leaders, the Initiative is reaching out to Americans of all ages, backgrounds, and races, asking them to consider donation. In its first year alone, the Initiative made a measurable impact, as organ don ation increased by 5.6 percent. Although morals can play a part in the organ market, economic principles are definitely present. All of the aforementioned material is based on ceteris paribus. Complementary and substitute goods are associated with the organ market. These goods, although varying with different organs, are affected by the price of organs just like any other market. Since there is a shortage of supply compared to the demand, allocation mechanisms are necessary. Some of these mechanisms can be morally bound. Since a persons life is on the line in this market, any dead-weight loss at all is a serious matter. One can only hope this market is more concerned for life than it is for economic benefits. Yoakam, Diane M. Organ Donation: The Gift of Life. 1999. http://www.healthatoz.com/atoz/readingroom/Organ.aspBibliography: Supply and Demand Essay Example For Students Supply and Demand Essay Recent medical advances have greatly enhanced the ability to successfully transplant organs and tissue. Forty-five years ago the first successful kidney transplant was performed in the United States, followed twenty years later by the first heart transplant. Statistics from the United Network for Organ Sharing (ONOS) indicate that in 1998 a total of 20,961 transplants were performed in the United States. Although the number of transplants has risen sharply in recent years, the demand for organs far outweighs the supply. To date, more than 65,000 people are on the national organ transplant waiting list and about 4,000 of them will die this year- about 11 every day- while waiting for a chance to extend their life through organ donation (Yoakam 1). We will write a custom essay on Supply and Demand specifically for you for only $16.38 $13.9/page Order now This figure, when looked at from an economic standpoint, exemplifies a case of Supply and Demand Essay between organ donors and patients with a diseased organ. Just as there is a supply and demand in any given market, there are also complementary and substitute goods. Who decides who gets transplants and who doesnt? This question implies that the organ market also needs to have various, effective allocation mechanisms. The organ market has complementary and substitute goods and can use various effective allocation mechanisms. A person that receives an organ transplant almost always requires several complementary goods. One obvious good is the medical care received for the actual transplant and for follow-up doctors visits. For most people who undergo an organ or tissue transplant the quality of their life and general overall health improves following the transplant. Persons who receive a transplant are frequently required to take a series of medications that suppress their immune system and prevent their body from rejecting the newly acquired organ. They often will need to undergo frequent medical visits and testing to monitor the transplanted organ. At times, the organ transplant will be unsuccessful and the organ may need to be removed. These people will be placed back on the waiting list for another organ (Yoakam). Two more goods are the medication to prevent rejection and (assuming the patient has insurance) payments made by the patients insurance company for the patients care. The donors family is not responsible for the costs incurred through organ donation. The recipient, most times through their insurance carrier or Medicare pays for all of the costs related to the donation of organs and tissue. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the complementary good will decrease. The converse of a complementary good is a substitute good. In the organ market, a substitute good really depends on what organ is being considered. People with diseased livers are particularly at risk because there is no medical alternative to transplantation for keeping a patientalive. The only two obvious substitute goods for a liver transplant would be extensive medical care and pain medications. On the other hand, someone with diseased kidneys has more options. One obvious option would be dialysis. But, when looked at as a whole, the organ market does have substitute goods. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the substitute good will increase. Since the National Organ Transplant Act of 1984 prevents a monetary price from being placed on a donated organ, effective allocation mechanisms must be utilized. Allocation mechanisms must be accessed because the shortage of supply compared to the demand. In any market, allocation mechanisms rely on many factors but some include friendships, under the table payments, predicted profit, and personal biases. In the organ market, several allocation mechanisms come to mind. There is always the possibility that a particular patient has a family member or friend that is in the organ transplantation profession, and/or the family of the patient is able to pay-off someone in charge of the distribution of organs. In reality, these two mechanisms are frowned upon for their lack of morality. One real possibility for an allocation mechanism is to make a waiting list on a first-come first-served basis. .u18c262fea2f8da34beb16c4a3e3103fb , .u18c262fea2f8da34beb16c4a3e3103fb .postImageUrl , .u18c262fea2f8da34beb16c4a3e3103fb .centered-text-area { min-height: 80px; position: relative; } .u18c262fea2f8da34beb16c4a3e3103fb , .u18c262fea2f8da34beb16c4a3e3103fb:hover , .u18c262fea2f8da34beb16c4a3e3103fb:visited , .u18c262fea2f8da34beb16c4a3e3103fb:active { border:0!important; } .u18c262fea2f8da34beb16c4a3e3103fb .clearfix:after { content: ""; display: table; clear: both; } .u18c262fea2f8da34beb16c4a3e3103fb { 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; } .u18c262fea2f8da34beb16c4a3e3103fb:active , .u18c262fea2f8da34beb16c4a3e3103fb:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u18c262fea2f8da34beb16c4a3e3103fb .centered-text-area { width: 100%; position: relative ; } .u18c262fea2f8da34beb16c4a3e3103fb .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u18c262fea2f8da34beb16c4a3e3103fb .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u18c262fea2f8da34beb16c4a3e3103fb .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; } .u18c262fea2f8da34beb16c4a3e3103fb:hover .ctaButton { background-color: #34495E!important; } .u18c262fea2f8da34beb16c4a3e3103fb .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u18c262fea2f8da34beb16c4a3e3103fb .u18c262fea2f8da34beb16c4a3e3103fb-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u18c262fea2f8da34beb16c4a3e3103fb:after { content: ""; display: block; clear: both; } READ: Underage drinking Essay This method would only be for those who, in a panel of doctors professional opinions, had a chance to survive after the transplant. . Supply and demand Essay Example For Students Supply and demand Essay Supply and demand Essay is defined as the relationship between the quantity that producers wish to sell at various prices and the quantity of a commodity that consumers wish to buy. In the functioning of an economy, supply and demand plays an important role in the economic decisions in which a company or individual may make. The quantity of a commodity demanded depends on the price of the commodity, the prices of all other commodities, the incomes of the consumers as well as the consumers taste. The quantity of a commodity supplied depends on the price obtainable for the commodity as well the price obtainable for substitute goods, the techniques of production, the cost of labor and other factors of production. It is supply and demand that causes a market to reach equilibrium. We will write a custom essay on Supply and demand specifically for you for only $16.38 $13.9/page Order now If buyers wish to purchase more of a commodity than that of which is available at a given price, then the price will to tend to rise. If they wish to purchase less of a commodity than that of which is available, then the price will tend to drop. Consequently, the price will reach equilibrium at which the quantity demanded is just equal to the quantity supplied. The resources needed to supply commodities often tend to be scarce so that there is always competition. The term invisible hand is the natural force that guides the market to this competition for scarce resources. Without the invisible hand theory then there would be no competition for resources thus creating a market where prices would be determined almost free of debate. There would be no market to determine set prices for any type of commodity. Therefore, many companies and individuals would lose out on economic prosperity to larger companies who could sell more and sell more at higher prices. Supply and demand is the root of all economic pricing. Economic pricing uses the theory of the invisible hand to create a market demand that avoids monopolistic tactics. In the functioning of an economy supply and demand is the basis for all pricing of any given commodity. Bibliography: . Supply And Demand Essay Example For Students Supply And Demand Essay Recent medical advances have greatly enhanced the ability to successfully transplant organs and tissue. Forty-five years ago the first successful kidney transplant was performed in the United States, followed twenty years later by the first heart transplant. Statistics from the United Network for Organ Sharing (ONOS) indicate that in 1998 a total of 20,961 transplants were performed in the United States. Although the number of transplants has risen sharply in recent years, the demand for organs far outweighs the supply. To date, more than 65,000 people are on the national organ transplant waiting list and about 4,000 of them will die this year- about 11 every day- while waiting for a chance to extend their life through organ donation (Yoakam 1). We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now This figure, when looked at from an economic standpoint, exemplifies a case of Supply And Demand Essay between organ donors and patients with a diseased organ. Just as there is a supply and demand in any given market, there are also complementary and substitute goods. Who decides who gets transplants and who doesnt? This question implies that the organ market also needs to have various, effective allocation mechanisms. The organ market has complementary and substitute goods and can use various effective allocation mechanisms. A person that receives an organ transplant almost always requires several complementary goods. One obvious good is the medical care received for the actual transplant and for follow-up doctors visits. For most people who undergo an organ or tissue transplant the quality of their life and general overall health improves following the transplant. Persons who receive a transplant are frequently required to take a series of medications that suppress their immune system and prevent their body from rejecting the newly acquired organ. They often will need to undergo frequent medical visits and testing to monitor the transplanted organ. At times, the organ transplant will be unsuccessful and the organ may need to be removed. These people will be placed back on the waiting list for another organ (Yoakam). Two more goods are the medication to prevent rejection and (assuming the patient has insurance) payments made by the patients insurance company for the patients care. The donors family is not responsible for the costs incurred through organ donation. The recipient, most times through their insurance carrier or Medicare pays for all of the costs related to the donation of organs and tissue. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the complementary good will decrease. The converse of a complementary good is a substitute good. In the organ market, a substitute good really depends on what organ is being considered. People with diseased livers are particularly at risk because there is no medical alternative to transplantation for keeping a patientalive. The only two obvious substitute goods for a liver transplant would be extensive medical care and pain medications. On the other hand, someone with diseased kidneys has more options. One obvious option would be dialysis. But, when looked at as a whole, the organ market does have substitute goods. If the price of organs increases (whether due to an increase in demand or decrease in supply) the demand for the substitute good will increase. Since the National Organ Transplant Act of 1984 prevents a monetary price from being placed on a donated organ, effective allocation mechanisms must be utilized. Allocation mechanisms must be accessed because the shortage of supply compared to the demand. In any market, allocation mechanisms rely on many factors but some include friendships, under the table payments, predicted profit, and personal biases. In the organ market, several allocation mechanisms come to mind. There is always the possibility that a particular patient has a family member or friend that is in the organ transplantation profession, and/or the family of the patient is able to pay-off someone in charge of the distribution of organs. In reality, these two mechanisms are frowned upon for their lack of morality. One real possibility for an allocation mechanism is to make a waiting list on a first-come first-served basis. .u61ee1075ebc912551b1717ad02083712 , .u61ee1075ebc912551b1717ad02083712 .postImageUrl , .u61ee1075ebc912551b1717ad02083712 .centered-text-area { min-height: 80px; position: relative; } .u61ee1075ebc912551b1717ad02083712 , .u61ee1075ebc912551b1717ad02083712:hover , .u61ee1075ebc912551b1717ad02083712:visited , .u61ee1075ebc912551b1717ad02083712:active { border:0!important; } .u61ee1075ebc912551b1717ad02083712 .clearfix:after { content: ""; display: table; clear: both; } .u61ee1075ebc912551b1717ad02083712 { 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; } .u61ee1075ebc912551b1717ad02083712:active , .u61ee1075ebc912551b1717ad02083712:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u61ee1075ebc912551b1717ad02083712 .centered-text-area { width: 100%; position: relative ; } .u61ee1075ebc912551b1717ad02083712 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u61ee1075ebc912551b1717ad02083712 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u61ee1075ebc912551b1717ad02083712 .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; } .u61ee1075ebc912551b1717ad02083712:hover .ctaButton { background-color: #34495E!important; } .u61ee1075ebc912551b1717ad02083712 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u61ee1075ebc912551b1717ad02083712 .u61ee1075ebc912551b1717ad02083712-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u61ee1075ebc912551b1717ad02083712:after { content: ""; display: block; clear: both; } READ: Do children owe their parents? Essay This method would only be for those who, in a panel of doctors professional opinions, had a chance to survive after the transplant. . Supply And Demand Essay Example For Students Supply And Demand Essay On January 30, millions of televisions will be tuned in to the American Broadcast Companys live coverage of the Super Bowl. The three hour-plus event draws as many as 130 million viewers at one time. According to NFL Research, sixty eight percent of Super Bowl viewers say they pay attention to the commercials and fifty two percent said they discussed the ads the next day. With so many people watching the event, businesses see the Super Bowl as a golden opportunity to lure in profits by utilizing the commercial air time available. We will write a custom essay on Supply And Demand specifically for you for only $16.38 $13.9/page Order now Due to the unlimited wants and limited resources, an economic condition called scarcity results. Another economic principle, called investment, is exemplified in this article. Scarcity is a condition that exists because society has unlimited wants and needs, but there are limited resources for their satisfaction. During the three hour-plus football game, there will be opportunities for large businesses (and even some small businesses who have gambled on this form of advertising) to display their product or service to over a hundred million people. At an even greater expense, some companies are sponsoring pre-game, half-time, and post-game shows. Why does it cost so much money? Commercials during the Super Bowl are very powerful means of advertising. Companies can appeal to a larger audience by advertising during an event that is widely watched among all different groups. The commercials are also quite expensive because of the limited quantity. Advertising during the Super Bowl is a very smart investment. Investment is defined by the sacrifice of current benefits to pursue an activity with expectations of greater future benefits or rewards. Does this apply to the Super Bowl? Yes. Companies will dish out millions of dollars for 30-second blocks of air time. Some companies may even purchase more than that. The short term result is a loss of millions. That money invested in advertising, however, should return much more than that which was invested. The commercial air time during the Super Bowl is such a valuable commodity, that although it costs millions of dollars, those who invest in this form of advertising believe they will make a much greater profit in return. 380 Words Bibliography Catherine Valenti, (January 16,2000), War of the Web Sites, ABCNEWS.com, http://www.abcnews. go.com/sections/business/dailynews/superbowl_netads_000113.html .
Thursday, March 19, 2020
Benefit and compensation system of Google Essay Essay Example
Benefit and compensation system of Google Essay Essay Example Benefit and compensation system of Google Essay Paper Benefit and compensation system of Google Essay Paper Google Inc. is an American international organisation that provides internet related merchandises and services. Cloud calculating. advertisement engineerings. and their hunt engine are among the most popular services that they offer. Google late ranked 46th on the 2014 Fortune 500 companies and 1st on Fortune 500ââ¬â¢s best topographic points to work for. Google was founded in 1998 by Larry Page and Sergey Brin who met at Stanford University and is based out of Mountain View. California. Google began in a garage 16 old ages ago and now has over 48. 000 employees and is one of the worldââ¬â¢s engineering leaders. CNN Money has it ranked as figure 1 on list of most popular employers by concern and technology big leagues. ââ¬Å"College pupils worldwide dream of get downing their callings at Googleâ⬠( cnn. com ) . A big portion of the ground that Google ranks so extremely among lists of popular employers is due to their competitory compensation scheme. Google is known non merely for their advanced engineering discoveries but besides their advanced compensation policies. Google Human Resources performed a study to find what type of wage is preferred by its employees such as basal wage or fillips. ââ¬Å"Weââ¬â¢ve heard from your feedback on Googlegeist and other studies that wage is more of import to you than any other constituent of wage ( i. e. . fillip and equity ) . To turn to that. weââ¬â¢re traveling a part of your fillip into your base wage. so now itââ¬â¢s income you can number on. every clip you get your paycheckâ⬠( ibtimes. com ) . Pull offing Human Resources and compensation schemes efficaciously is critical to organisations within the modern and fast paced concern universe. Google had created a strategic compensation that gives them a competitory advantage among their rivals by pulling. retaining. and actuating extremely talented employees. Googleââ¬â¢s compensation system has all the benefits you would anticipate from a Fortune 500 organisation such as wellness insurance plans and retirement programs. Google sets itself apart from the competition by offering services and discretional benefits that are non standard. These services include fringe benefits such as employees are allowed to convey their pets to work and transit services that pick up and drop off employees at place. Google believes in a merriment informal environment because it leads to more occupied. happy. and productive forces and they have implemented many patterns that reflect this political orientation. Liane Hornsey. the Google VP of operations. believes that the work life balance is of import to their employees and implements policies to guarantee that workers maintain a healthy balance. ââ¬Å"Liane explains that the company is outcome focused. non item focused. In other words. they donââ¬â¢t supervise what clip employees arrive or keep path of ill daysâ⬠( centerforworklife. com ) Google offers flexible work hours. portion clip work options. and telecommuting for certain occupations to let employees freedom to hold a societal and home life. Google has set a scheme to supply a workplace that people want to work at and have gave significant attempt to accomplish this end. Their Hour and compensation patterns produce impressive consequences of the organizationââ¬â¢s attack which increases employee productiveness. Core compensation is really of import and has a big impact on employeeââ¬â¢s attitude and public presentation. Google focuses on honoring exceeding public presentation every bit good as preparation in weak countries for underachievers. Performance direction is performed quarterly and Google puts extended focal point on this country because they are public presentation driven. Performance assessments are of import because Google uses pay-for-performance fillips as a big portion of their compensation scheme. Much like most other organisations there is an addition in entire compensation in conformity to the degrees of duties and leading. Individual inducements. group inducements. and net income sharing plans are used at Google which gives employees a fiscal wages when their net income end is achieved. Payscale. com studies that Google Inc. typically pays their employees 11 % above the market wage line. This is 3 % higher than their direct competition in the market. Paid clip off is one type of discretional benefit that Google offers benefits above the criterion in the market. They offer limitless ill leave due to the fact that they are focused on public presentation and production and trust on public presentation reappraisals to find an employeeââ¬â¢s parts. Google besides provides employees with 27 yearss of paid clip off after one twelvemonth of employment. They besides recognize the importance of child birth and offer 18 hebdomads of pregnancy leave for an employee that has a kid. Google besides offers paternity leave to male parents which allow male employees to utilize up to 7 hebdomads of leave to pass with their newborn. During this clip off employees receive their full one-year base wage while they are at place with their kid. Google offers employees wellness insurance plans that cover employee dependants as good. ââ¬Å"Its wellness attention program is remarkably generous and even wages for gender-reassignment surgery including facial feminisation for transgender womenâ⬠( forbes. com ) . Google besides has a doctor on site at central offices in Mountain View. CA. This allows for employees to merely walk across the campus to see a physician if they are non experiencing good. This eliminates employees holding to lose work and do a particular trip to a doctor when they are non experiencing good. Some physical therapy services and chiropractic services are offered as good for the convenience of the employee. Google besides offers employer sponsored retirement plans such as 401K and IRA. Google matches employee contributions to their defined part programs at a rate of up to 50 % . This is good above the norm as many organisations merely match up to 6 % of parts. Googleââ¬â¢s HR section sends electronic mails to employees to promote them to put aggressive nest eggs ends. ââ¬Å"If you implore an employee to lend $ 8. 000 to his retirement instead than. state. $ 2. 000. heââ¬â¢ll tend to salvage more. even if he canââ¬â¢t afford $ 8. 000â⬠( rd. com ) . This allows employees to experience secure in their future retirement income as Google helps to guarantee that they will hold a satisfactory retirement benefit program. Protection plans are another signifier of discretional benefit that Google offers in advanced and unprecedented ways. In add-on to standard life insurance that employees are able to have. they besides receive extra life insurance benefits from straight from Google. If an employee passes off Google has created a policy that the asleep employeeââ¬â¢s partner will have half of their wage for the following 10 old ages. If the deceased employee had a kid so Google will counterbalance that kid in the sum of $ 1000 per month until the age of 19 or the age of 23 if they are a full clip college pupil. The type of benefit that Google is most known for are services. This type of discretional benefit helps companies create a competitory advantage in the market by giving fringe benefits to employees which helps pull and retain quality employees. They offer transit services in the bay country with Wi-Fi enable trollies that pick up employees to take to work and drop them off at their abode after work is completed. Another service they offer are nap cods for the ability to loosen up and take brief sleeps at work so they are reenergized for work. Google besides provides tuition reimbursement services that encourage employees to go on their instruction at the disbursal of their employer. This will go on to better employee production and go on to increase the value of the worker which benefits the employer and employee. There is besides an on-site fittingness centre that is complete with weights. personal trainers. and yoga teachers so that employees have the clip to exert and alleviate em phasis while at work. The fittingness centre is besides equipped with a full size lap pool and stone mounting wall for alternate exercising methods. There are besides free recreational game suites where employees can play games such as pool. foosball. Ping-Pong and arcade games. This promotes a societal ambiance and strengthens the squad construct while alleviating emphasis and bettering morale every bit good. Google has Segways that are available for employees to utilize at any clip which allows them to go around the campus atmosphere quicker and in a more entertaining manner. They besides have beach volleyball games and roller hockey in the parking batch twice a hebdomad. Hair salons with cosmeticians and Barbers are readily available any clip an employee would wish a haircut at work. One of the most popular services that Google offers is a free cafeteria for all employees. Workers are able to bask quality epicure nutrient for tiffin at their convenience and it does non be them anything. Google is besides offers free oil alterations. auto washes. legal audience among many more services that are available to any employee. These services are a alone compensation scheme that proves core compensation is non ever the most of import benefit to an business. Google has a alone vision and has implemented alone compensation schemes that have been met with overpowering success of pulling and retaining the highest quality employees available in the market. Most employers can larn from the scheme used by Google by doing the work environment as merriment and friendly as possible because that is an environment that produces extremely motivated employees that will desire to execute to the best of their abilities. The bottom line is straight affected by employee turnover and employee production and a compensation scheme such as Google Inc. ââ¬â¢s has proven to impact those countries in a positive manner. Plants Cited ââ¬Å"Average Salary for Google. Inc. Employees. â⬠_Google. Inc. Company Salary Data. Average Employee Salaries_ . N. p. . n. d. Web. 25 Sept. 2014. ââ¬Å"Americaââ¬â¢s Top Companies For Compensation And Benefits. â⬠_Forbes_ . Forbes Magazine. n. d. Web. 22 Sept. 2014. Emerson. Ramona. ââ¬Å"Googleââ¬â¢s Best Benefits: The Top 7 Perks Google Offers Employees. â⬠_The Huffington Post_ . TheHuffingtonPost. com. 30 Jan. 2012. Web. 23 Sept. 2014. ââ¬Å"Google. â⬠_Fortune_ . N. p. . n. d. Web. 26 Sept. 2014. ââ¬Å"Googleââ¬â¢s HR Practices Explained. â⬠_Googleââ¬â¢s HR Practices Explained_ . N. p. . n. d. Web. 25 Sept. 2014. ââ¬Å"Google ââ¬â Overview. Company Culture And History. â⬠_About_ . N. p. . n. d. Web. 24 Sept. 2014. ââ¬Å"Googleââ¬â¢s 10 % Salary Increase. $ 1000 Cash Bonus Part of Companyââ¬â¢s ââ¬Ëcompetitive Compensation Planâ⬠_International Business Times_ . N. p. . n. d. Web. 26 Sept. 2014. ââ¬Å"How Google Became the Best Topographic point to Work. â⬠_Readers Digest_ . N. p. . n. d. Web. 25 Sept. 214. ââ¬Å"How Google Motivates Their Employees with Rewards and Perks. â⬠_HubPages_ .N. p. . n. d. Web. 26 Sept. 2014. ââ¬Å"Work Life Balance Elephant Theory. Logic Based Discussion on Work Life. â⬠_Center For Work Life_ . N. p. . n. d. Web. 26 Sept. 2014.
Monday, March 2, 2020
What Ive Learned, and Earned, Using This Newsletter
What Ive Learned, and Earned, Using This Newsletter I have been subscribing to Hope Clarkââ¬â¢s Funds for Writers newsletter for ten years. Initially, the listings overwhelmed me, because I hadnââ¬â¢t yet ââ¬Å"turned proâ⬠and only wrote when I felt like it. But hereââ¬â¢s how I learned to use the FundsforWriters listings to structure my writing practice and eventually earn income as a professional writer: Competitions Not every contest is right for you ââ¬â but every writing prompt is. The goal is not to write a perfect, submittable poem, short story, or essay. Instead, practice so your craft improves to the point of actually having a worthwhile submission one day. Years ago, a contest listing called for car essays. I used the prompt, wrote a terrible first draft in five minutes, and filed it away. Recently, a local publisher placed a call for car essays. I dusted off that draft and revised it for submission. That essay ââ¬Å"My Ba Grants If youââ¬â¢re not an undergraduate journalism student, donââ¬â¢t apply for such a fellowship. Similarly, if youââ¬â¢re not interested in spending two months in a National Park cabin, donââ¬â¢t apply for that retreat. But every grant link is highly informative. You learn about the grant-giving organization, their requirements, and the nuts and bolts of an application packet. Information like this is valuable so that when the right opportunity comes along, you can recognize it. You canââ¬â¢t recognize the opportunity just In the past 12 months, I applied for three grants. Two applications were rejected, but one is under consideration. Wish me luck. Freelance Markets Often, aspiring freelancers mistake an idea for a pitch. A pitch requires three elements: idea, angle, and timeliness. Using the listings for freelance markets, challenge yourself to push past ideas and write a viable pitch. Itââ¬â¢s hard to nail all three elements, but it is essential practice. In 2013, I saw a listing for The Writer magazine. I had an idea and fleshed out a pitch. It was the 10-year anniversary of the Tony Hillerman Writers Conference in Santa Fe. The conference is run Jobs Job ads are gold mines because they reflect the state of changing times. Most ads are straightforward, but if a particular writing skill is listed and I have no idea what theyââ¬â¢re talking about, I start researching. In this way, the job ads have helped me to keep my skills relevant. At the start of this year, I clicked on an ad and landed a part-time assignment as an SEO writer consulting with the web designers. If I hadnââ¬â¢t taken the time to learn how to broaden the foundation of good writing to these new standards, I would have lost out on this steady writing income. Ads The sponsored ads in this newsletter promote services and events, offer discounts, and sometimes include a testimonial from Hope. But wait, spend money to earn money? Yes. Not only have I earned writing income through this newsletter, but I have also used the advertised services to make valuable investments in my career. For example, I contacted Shaila Abdullah through her House of Design ad (see below). She helped me build a website that truly reflects my spirit and is not some cookie-cutter template. I keep the site up-to-date with recent clips and it is an essential part of my daily pitching routine. Time may not permit you to practice on all of these listings in a given week. But if you are new to a writing career, studying the listings and practicing your writing can help you figure out the type of writing you want to do. On the other hand, if you are a seasoned writer and know exactly what you want, then you have great leads. Yet for all writers, practice always precedes publication. Where there is ââ¬Å"Hope,â⬠there is opportunity.
Saturday, February 15, 2020
Financial Accounting and reporting Essay Example | Topics and Well Written Essays - 1000 words
Financial Accounting and reporting - Essay Example f financial accounting and reporting is the preparation of financial statements such as the income statement, cash flow statement, fixed assets movement schedule and the balance sheet (MAYNARD, 2013, 309). The financial statements are to be made available to all users of financial information who include creditors, regulators of business operations, investors as well as the government through its taxation unit. Other objectives of financial accounting and reporting include provision of information that can be used to establish the solvency position of a given business. The financial statements provide information relating to a firmââ¬â¢s ability to meet its short-term and long-term liabilities as they fall due. The information assists in ascertaining the financial position of a business in terms of its assets and liabilities which assist the business to clearly establish where they stand in reference to what they own and what they owe others. Another objective to be attained by financial accounting is the fact that it offers systematic recording of business transactions in an organized manner thus enhancing accountability and order in the business (SUTTON, 2004, 26). Providing relevant information to be used by several users of financial statements is one of the top objectives of financial accounting and reporting. It assists the stakeholders in making rational decisions. Some of the key users of financial statements are listed below. The investors require financial statements in order to evaluate the practicality of investing in a given business venture. Investors use the information specifically to determine and to predict the future of a companyââ¬â¢s dividend growth through the use of income statements. They are able to further establish the various forms of risks associated with a given investment through a keen look into fluctuations in after tax profits, share price and dividend growth. The government requires financial statements from all companies and
Sunday, February 2, 2020
Exploring the nature of the Postmodern Essay Example | Topics and Well Written Essays - 1000 words
Exploring the nature of the Postmodern - Essay Example This transformation has seen the coming and passing of several seasons and eras which have always been defined by particular aspects of life. Modernism and modernity as periods in life were very instrumental in shaping up the destiny and the manner of life in the ages they erupted. It is imperative to realize that such changes basically commence by transforming the mindset of humanity before progressively changing other aspects of life like culture, art, education and sport. In this transformational timescale, the latest era is the postmodern. Postmodernism has totally transmogrified the entire mannerisms and tenets that defined humanity in the earlier epochs. However, inasmuch as postmodernism is meant to be a solution to the basic concept of life, several arguments abound whether it has really been a positive trend it was meant to be. This certainly arises owing to the many issues that surround postmodernism and the several reservations and doubts raised by critics and cynics. That certainly begs the analysis of the whole concept of postmodernism to determine whether these doubts are justified and more importantly to seek into ways and means of making postmodernism an accepted agenda amongst all and sundry. No era in human civilization did transform the world more than modernity and modernism. When postmodernism gradually replaced modernism, its most notable characteristic was its subsequent attack of modernism. In a way, postmodernism is a formulated and calculated move that seeks to debase and criticize the components propounded in modernism. Postmodernists will always seek to find fault in the conventional ways of doing things and in most cases will not submit their solutions or alternatives even after negatively trashing the existing state of affairs (Featherstone, 1995). Postmodernism pervades all sectors of human life including culture, sport, sex, education, philosophy, literature etc .Most importantly, postmodernism if a function of the human
Saturday, January 25, 2020
Ethical Software Development :: Engineering Technology Economics Essays
Ethical Software Development One of the most exciting times for an engineer is during conception and up front planning on a new project. Ideas dance in the mind of an engineer. A new project offers creative possibilities for job advancement, market success, design elegance, exploration, camaraderie and power over a problem. At first, engineers and their managers are motivated to consider the impact of new features and products. This paper explores some of the ethical landscape that the engineer may face in the creative stages of a software development project. I want to explore ethical issues seen by a Western engineer working with Western engineers and also working with Offshore engineers. What issues would the engineer face with those in China? All prejudices aside, this paper attempts to uncover ethical issues that affects the engineers and the software product. A person may naturally experience some fears when faced with the prospect of jointly developing software with engineers located in a different country. To get an idea of what may happen, we will need to look beyond the ââ¬Å"usâ⬠vs. ââ¬Å"themâ⬠barrier and see people in their own context. I took this paper as an opportunity to learn about ethics from a Chinese perspective. The intent, however, is to find what has positive ethical effects. Example Issues High Technology: Sometimes a project will be started that requires a technology breakthrough or else a high level of creativity. Stresses from not making those discoveries will often test an engineerââ¬â¢s ability to make good, ethical decisions. Software Process: The process is a required part of any discussion on software development. Software development occurs over many phases, requiring many different skills. The process is a management tool for making sure that everything gets accomplished. One issue with using a process is avoiding the tendency to over-regulate or bureaucratize the engineers and thus impact their sense of respect and positive responsibility. [[1]] Global: The engineer may worry about the potential for delivering a shoddy software product from, cutting corners, the language barrier or any unequal standards of excellence. In addition, will engineers from either country experience a dilution of their moral foundation or feel like they are merely being exploited? It should be clear that ethical issues like these can effect engineers in any country. Global issues will be presented by contrasting the individual morality in the West vs. the relational morality in China.
Thursday, January 16, 2020
Marine Iguana
The marine iguana, scientifically known as Amblyrhynchus cristatus, is the only lizard in the world that takes to the sea.à Markedly different in appearance, size, and physical attributes, than its land-living cousin.à As one of the many varieties of iguana that Darwin observed in the Galapagos Islands, the marine iguana demonstrates an evolutionary response to a particular set of environmental challenges and has offered marine and land biologists alike the opportunity to study one of the true cross-over species. The discovery of this iguana variant was part, clearly, of the evidence that led so many scientists to immediately see the logic and accuracy of what Darwin had ââ¬Å"discoveredâ⬠.à à Understanding the marine iguanaââ¬â¢s habitat, diet, behavioral patterns, survival techniques, and outlook is the purpose of this examination. It is intended to gain a broad understanding of how the marine iguana lives, breeds, and survives. First discovered by Charles Darwin, aboard the Beagle, while touring the Galapagos Islands,à the marine iguana, or Amblyrhynchus cristatus became one of the most remarkable finds of that journey. The marine iguana is distinguished from other iguanas by ââ¬Å"their short, blunt snouts and slightly laterally compressed tail that efficiently moves this lizard along the surfaceà or beneath the water,â⬠(Amblyrhynchus cristatus, Marine Iguana ââ¬â MarineBio.org. Retrieved Monday, April 9, 2007, from http://marinebio.org/species.asp?id=165.) The marine iguana is of a similar length to the full-grown land iguanas (reaching two to three feet from nose to tail) and can weigh up to eight pounds.à The color of the marine iguana is quite closely matched to the black volcanic rocks in which it lives.à While there are no natural predators of the marine iguana on land, thus making the evolutionary argument for the coloring of the creature to be necessary for camouflage, there are very specific benefits ââ¬â primarily being that of heat absorption.à In the water, however, predators abound. The marine iguana, living both on land and in the ocean, and being a cold-blooded creature, requires an adjustment time when going from hot to cold and heat-absorbing coloring, such as the dark black dominant color on the marine iguana helps to reduce that shift in temperatures and helps to return the iguana to normal speed of functioning faster.à The marine iguana, like all reptiles, does not have the ability to thermoregulate which also accounts for the dark coloring as a necessary boost in the absorption of heat from the sun. This ability is absolutely critical to the marine iguanaââ¬â¢s pursuit of food.à All reptiles will physically slow down to a near halt the colder they get.à Therefore, in order to prevent an absolute cessation of movement during a dive, the marine iguana must raise its body temperature to combat the nearly 10degree-Celsius loss that comes from an average dive. In fact, heat is a very significant part of the marine iguanaââ¬â¢s life. They must warm themselves to dive, but they also must maintain a consistent temperature or risk getting too hot. (Rothman, p1). The marine iguanaââ¬â¢s adaptations also include a nasal gland that excretes the excess salt taken in while in the ocean.à All of these factors, and more, contribute to making the marine iguana a most fascinating creature. The habitat of the marine iguana is not just limited to the Galapagos Islands but that is the only place it is naturally found (there are many marine iguana exhibits in zoos.à The Galapagos Islands are generally characterized by a variety ofà both high and low and scrub or cling-vegetation.à Each island is unique in its combination of vegetation and animal life.à The marine iguana does not appear on all of the Galapagos islands, but, as has been previously stated, it is only found there which shows that it, as a unique creature, came to be what it is as a result of living in its particular habitat.à Interestingly, there are also variations in average size depending upon which island you find the marine iguana upon. Those found on Isabela and Ferdinandina are the largest and the smallest are found on the island of Genovesa.à à How the marine iguana found its way to the Galapagos islands (and the marine iguana is the only iguana species on the islands) is unknown.à But, the prevailing theories center on the idea that the iguanas crossed on a land-bridge that sank long ago, or that they were transported from the mainland of Argentina or elsewhere in South America. Regardless, because of their distance from their origins, their unique environment that other iguanas had not been exposed to, and the relative lack of traditional iguana food (which is, actually, just about anything) but on these islands, the iguanas were either too slow to catch prey, or the natural vegetation was simply not nutritious enough for their needs. So, faced with this, the iguanas adapted to their environment and found that algae, one of the worlds most nutrient-rich foods, was a better and more consistent source of food than any other. There are thousands of insect varieties that other lizard species feed upon on the islands, but for the marine iguana, it is the algae growing on the rocks under the ocean surface that provides their food. Getting the algae does not require a great deal of hunting or foraging.à As algae is exceptionally abundant.à Because of this, the marine iguana has an average dive depth of up to 15 meters (with most only needing to be in the 1.5-5 meter range) and can remain under water for three to five minutes (with a notable few observed dives of up to 30 min), (marinebio.org). The day of the marine iguana is spent doing predictable reptile behavior: sunning to absorb heat in order to have a more successful dive for food, diving for food, and, reproducing. à The reproduction cycle for the marine iguana begins in December and goes through March.à The nesting season follows immediately after breeding, which takes place in the January to April time frame.à à à Breeding begins when females hit three to five-years of age and when the males are within the 6 to 8 year range. As is the case with only a few reptiles, the male marine iguanas have nothing to do with the guarding of the eggs.à But, the females will do so for up to a week (Rubenstein & Wikelski, ââ¬Å"Seasonal Changes in Food Quality: A proximate cue for reproductive timing in marine iguanasâ⬠, 3013).à After that period, they leave the eggs on their own to incubate under two to four feet of sand.à à Hatchlings weigh an average of 55 grams and are geared for survival from the moment they emerge from the shell. The challenges to the survival of the marine iguana are many, but they are no more so than those facing every other species of plant and animal on the islands or, indeed, anywhere else in the world.à Pollution, climate change, environmental shifts (such as El Nino), and human encroachment all play a part in determining the long-term survival of the marine iguana.à Fortunately, though, for this species at least there is relatively little industrialization or human colonization of the Galapagos. This results in much lower amounts of land and ecosystem loss.à But, as is the case for any creature that canââ¬â¢t make its own food, the marine iguanaââ¬â¢s challenge is to eat enough to survive each day.à As long as ocean pollution does not find a way to kill off the algae, the marine iguana will continue to thrive in the Galapagos. The marine iguana is, indeed, a unique and special animal.à Referred to derogatorily as being ââ¬Å"uglyâ⬠, the marine iguana is uniquely suited (adapted) to its environment through a series of evolutionary shifts that took it away from the land iguana to one that canà swim under water, expel salt through a nasal gland, and gets nearly all of its food underwater.à These creatures eat primarily algae found on the rocks and reefs below the ocean surface and, in order to make these dives to get that food, must raise their core temperature to as to have quick reflexes even as their body temperature is going down. Found on many of the Galapagos islands, the marine iguana even shows variations in body size from island to island.à Breeding takes place in the summer months (of the Southern Hemisphere) and nesting follows shortly.à The marine iguana provides a look into the deep biological past (one can see the dinosaurs in the background) for its appearance which is designed to assist with the absorption of heat.à While the marine iguana is not currently under environmental threat, but can be greatly affected by a host of events both locally and globally. References Amblyrhynchus cristatus, Marine Iguana ââ¬â MarineBio.org. Online. Internet. Avail.à http://marinebio.org/species.asp?id=165. Info acc 8 March, 2007. Rothman, Robert. ââ¬Å"Marine Iguanaâ⬠. RIT.edu. Online. Internet. Avail: http://www.rit.edu/~rhrsbi/GalapagosPages/MarineIguana.html. Access: 8 March, 2007. Rubenstein, Dustin R. and Wikelksi, Martin. Seasonal changes in food quality: a proximate cue for reproductive timing in marine iguanas. Ecology 84.11 (Nov 2003): p3013.
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