Saturday, November 2, 2019
The Main Types of Investment Products Research Paper
The Main Types of Investment Products - Research Paper Example All these four asset classes have their own combination of growth and risk associated with it. The asset allocation strategy of an investor among the various asset classes is influenced by a multitude of factors and is as much art as it is science. While investors with more risk appetite will opt for equity-based investment products, an investor who prefers stability or in other words is a risk-averse will prefer Debt/Fixed income investment tools more. However, financial companies have designed investment products that are not pure-play Equity/Fixed income/Cash instruments but are hybrid in nature and have varied components of equity, debt and cash instruments. Pooled investments are managed by professional fund managers and are considered to be safer for individual investors. These pooled investments have exposure to almost all asset classes to spread risk, maintain growth rate and liquidity. Stock represents a part of ownership in a firm. Buying stock of a given company is equivalent to being a part owner of the company, and the investor, in essence, becomes part owner of all future earning of the company. The value of an investment in stock is dependent on the performance of the company. If the company performs well, the value of the investment goes, and vice versa. Investment in stock entails higher risk as compared to other investment products like fixed income/debt/bonds and cash instruments. Additionally, money invested in stock has lower liquidity as compared to other products. However, the possible upside of investment in stock is much higher as compared to other investment products. Investment in stock should be done only after proper research on the company, its future prospects, the market it is operating in and other factors influencing the company. It is very strongly recommended to invest in a group of companies (portfolio) rather than investing in a single company. By investing in companies from different domains and with varied market capitalization, the inherent risk can be substantially managed. However, developing and managing a well spread out portfolio requires a good amount of research, insight and constant tracking that may be difficult for an individual investor. One of the best ways of avoiding this effort is by investing in Mutual Funds. A Mutual fund is an investment company or a trust in which investors pool their funds and invest them in a wide variety of securities. (District Human Resources, n.d.) Ã
Thursday, October 31, 2019
How can the efforts of temperance movement in response to alcohol be Essay
How can the efforts of temperance movement in response to alcohol be explained - Essay Example During the Victorian era this movement became more drastic, campaigning for legal prohibition of alcohol rather than promoting moral suasion or calling for moderation. All in all, its efforts were perceived in both progressive politics especially female suffrage and religious renewal. Band of Hope, a temperance movement, was founded in Leeds with the working class being their centre of attention. They strived to keep away children of the working class from the dangers of alcoholism. In 1851 there was a success in banning or restricting the selling of alcohol in various parts of the U.S (Nugent, 2011). The prohibitionists formed different organizations inside the movement to address the problem of alcoholism from all perspectives. The anti-saloon league concentrated on creating dry counties and dry states away from alcohol. Moreover, the movement began to look for alternative places to hold their meetings thereby replacing the roles of public bars. Therefore, they introduced coffee pa laces, temperance halls, temperance theatre and temperance fountains where individuals could reliably get drinking water instead of having to get into the saloons. The movement began to nominate candidates for government offices and forming political parties thus producing leaders who supported the ban of alcohol. All in all they believed that taking alcohol was a deviant, moral and offset to Christianity (Nugent, 2011). The temperance movement advocated for its views with mounting stridency with which could not be of comparison to the use of mass media at the moment in terms of response, commitment and scope. The government of United States has identified alcoholism to be its leading drug problem. Consequently, it initiated some tools to promote more self control. The major tool is higher excise tax which inflates the prices on alcoholic beverages (Sartor, 2013). This helps promote standards of living and public health. Other successful control measures are heavy penalties for driv ing under influence of alcohol, minimum purchasing age to deter underage citizens from abuse, privatization in retail alcohol sales dram-shop liability and limitations on alcohol advertising. Privatization has proved to be effective in controlling sales of alcoholic beverages hence commercial retailing of these beverages is made possible. Never the less, the government also amended the constitution in1919 to prohibit the transportation, sale or manufacture intoxicating liquors. Efforts of temperance movement and the U.S response to alcohol explained in terms of racial prejudice Temperance movement gained more recognition in women suffrage after the seventeenth Amendment. This amendment created a new reliable workforce with prejudice to German-Americans together with their breweries which made ban of alcohol a patriotic cause. Moreover, prohibitionists clamored to make alcohol abuse directed to common racial prejudices thereby convincing others to ban alcohol (Nugent, 2011). The anti -saloon league in the temperance movement portrayed Catholics as morally depraved and intellectually inferior as they feared authoritarian orders from Rome would replace their capitalist and democratic principles. Pro-prohibition groups using rhetorical strategies claimed that alcohol influenced African- Americans to commit serious crimes. The
Tuesday, October 29, 2019
Digital and Analog TV Essay Example for Free
Digital and Analog TV Essay On February 17, 2009, the Congress of the United States mandates the full shift to digital television transmission. The law is perceived to bring several benefits to the US viewing public. Broadcast frequency bands will be available mainly for public safety purposes, for example, police and fire department concerns. Remaining portions of the old TV broadcast spectrum can be offered for technologically advanced applications such as wireless broadband. The use of digital-capable television sets allows American viewers more choices of what programs to watch, since digital broadcasts can accommodate so much more programs (Federal Communications Commission, 2008). The law is not expected to be received openly by the television viewing public, 100 percent. Since it leaves them no choice but to convert millions of TV sets from analog to digital and give up the true fidelity that analog audio signals offer. This paper aims to point out the differences of digital and analog TV. By doing so, advantages and disadvantages of each can be compared and the individual viewer can make a better choice. Robert Silva (2008) lists differences between analog TV and Digital TV. He says these these differences lie mainly in the manner of transmitting broadcasts, signal content within a bandwidth in the broadcast spectrum, and the ability to broadcast in widescreen (169) format. Transmission Analog television transmission is based on and started after World War II with black and white broadcasts. It complied with the US analog TV standard known as NTSC. After several years, color broadcasting was introduced and accommodated under the NTSC system. The video is transmitted through the AM radio band while audio is transmitted through the FM band. The reception quality depends on the distance from the television station transmitters and obstacles in between. The farther away from the transmission station the TV reception is more prone to ghosting and other video disturbances. Although analog transmission can accommodate all the technicalities of high fidelity reception, the assigned bandwidth to a television channel restricts and limits broadcast quality. Digital TV is based on modern digital technology. It was designed for BW and color broadcasts as well as audio. It handles information in the same manner as computers: on (with a binary value of ââ¬Å"1â⬠) or off (with a binary value of ââ¬Å"0â⬠). Digital broadcasts allow viewers to see uniform reception quality regardless of the distance from the transmitter. Either the digital television receives the broadcast or the TV screen remains blank (it does not receive anything at all). Signal Content Digital TV broadcasts can accommodate complete video, audio, and other information signals within the same bandwidth. Furthermore, digital television can accommodate advances in technology like High Definition (HDTV) signals. In contrast, analog TV broadcast can only send limited traditional video signals. Format The development of wide screen format programming allows the broadcast of the 169 format. Today, widescreen LCD television are getting more popular; but still expensive. It offers the advantage of portraying on the TV screen wide footages of events without the camera lens distortion caused by distances. Furthermore, the widescreen image occupies the whole digital television screen. On the other hand, analog television sets will show widescreen images with portions on top and below blacked out. The widescreen format may not be important to the regular TV viewer. For millions of television watchers, the old analog screen is good enough. Conclusion Paul Wotel (2008) gives an objective assessment of the advantages and disadvantages of both digital and analog television. Some people may opt for the old traditional analog equipment such as phones while others prefer the cordless digital phones. If you want sound fidelity, he recommends the old phones. For more advanced applications, such as the PABX systems, he recommends a digital system. The same reasoning may be applied to television sets. However, the present situation requires new priorities which did not exist before. Today, there is much concern on security and priority is given to police and fire department communications. By requiring television stations to convert to digital transmission, most of the broadcast bandwidth can be assigned to security applications. The advantages of digital television allow the viewing public to benefit from the information age we find ourselves in. Digital television can also take advantage of the internet which has become part of the lives of many, particularly the young generation. Considering the continuing evolution in information and entertainment technology we just have to follow the trend out with old, in with the new.
Sunday, October 27, 2019
Child Soldiering In Uganda And Sierra Leone
Child Soldiering In Uganda And Sierra Leone A child soldier is an individual categorized as a youth that is recruited by government military and rebel forces to fight, kill, loot, destroy property, lay mines, act as messengers and sometimes used as a sexual slave (Kimmel and Roby, 2007). Children lose their sense of identity, otherwise called lost children, and are found wielding small weapons and taking the lives of others (Druba, 2002). Child Soldiering is evident in European, African, Asian and South American countries, although the focus of this essay will be on child soldiers in Uganda and Sierra Leone, where the issue has been prevalent for many years. These countries have been in a state of war for a prolonged period of time. This causes Uganda and Sierra Leone to be affected in numerous ways such as heavy drains on resources like land, labour and capital. In a war-torn country, these problems are likely to allow for a lowered respect of peoples human worth in respect to military service, making children an easy prey (H oiskar, 2001). According to The United Nations Childrens Fund (commonly known as UNICEF), there is an estimated 300, 000 youth that are involved in the practice of child soldiering today. Due to the harsh conditions that these children are faced with and the effects that they have on these children, a gruelling reality is unfolded. Child soldiering has been coined one of the worst forms of child abuse and labour (Kimmel and Roby, 2007). Many would believe that children are forcibly recruited into rebel forces. They would be correct, although many also join voluntarily. Some reasons for voluntary entry of youth into military roles are for fear of their lives, to protect their families, and for opportunities like access to food and clothing for those who are impoverished. Sadly many of these children that join out of their own free will, never see their families again and are typically estranged from their family members purposely by rebel forces in order to gain control and authority over the youths . It benefits the rebel groups if the children gain a sense of inclusion and belonging within the military setting to ensure they will not seek better opportunities outside of their services and also try to re-establish ties with their families. Doing such things would likely stop these children from re-entering the forces voluntarily (Hoiskar, 2001). To consider a circumstance in which children were forcibly recruited into the military in Uganda is the Lords Resistance Army. War has devastated Northern Uganda since 1986 (Sverker 2006). There is a popular rebel group called the LRA or Lords Resistance Army. They overthrew the Ugandan government and were known for abducting children. The forcible recruitment of child soldiers is common not only to the LRA but other rebel groups in the third world because child labour is widely known to be cheap and therefore poses many benefits. Many of the youth abducted by this group were taken during night raids on rural homes, counting anywhere from 60, 000 80, 000 children. These abductions were known to last from one day to ten years, averaging eight months approximately. The children were given only a few months of training and not long after this were they given guns (Annan and Blattman, 2010). The Lords Resistance Army also affected Sierra Leone. Since the beginning of the civil war in 1991, one million children have been displaced and some of these children on more than one occasion. Fifteen to twenty thousand have become members of this armed group, most of them being under the age of ten years old. Sierra Leone is greatly concerned with the reintegration of these children abducted by the LRA (MacMullin and Loughry, 2004). Although child soldiering is not a recent phenomenon it has substantially increased since the end of the Cold War. Not only are numbers increasing but there is also great difficulty in implementing international legal standards due to reasons such as failed states, internal conflicts, organized crime, minorities and vulnerable groups and mobile or displaced populations. When looking at modern societies that underwent transformations with the establishment of the minimum age for service in national armed forces, populations began to be controlled by mandatory public schooling and general conscription, examples being the scout movement and physical education. In attempts to better Uganda and Sierra Leones standing on the issue of child soldiering, one of the main problems seems to be declining educational background and poor reintegration of the child soldiers (Vautravers, 2008). Problems such as educational decline and poor reintegration of these war-torn children into these African societies have a devastation impact on the economy. With little attention to integration programs in the third world and great difficulty with implementing international policies on child labour such as military service, earnings and occupational opportunities for these children drop. These factors affect labour market success greatly (Annan and Blattman, 2010). Child soldiering in the third world is a topic of importance to me. In high school I took part in a fundraising charity for which I and many other students raised enough money to restore seven child soldiers in Africa. This event opened my eyes to the issue of child soldiering, particularly in Uganda and Sierra Leone, where statistics show it is most prevalent. In this essay I will be arguing that Uganda and Sierra Leones tendency to replace adult soldiers with youths is due to as well as contributing to their destitute e conomy. Theoretical Backing: Taking a look at Modernization theory, child soldiering is deemed backward or immoral in comparison to Westernized ideals. The history of child labour in Western societies is related to the history of how children were partners in a family economy. For example, in the eighteenth century, industrialization led to the employment of very small children. Transitioning into the nineteenth century, children played an important role in key industries like coal mining and textiles. The use of children as labourers was normal in these time periods for it was a necessity for the family income. Every member of a family was needed to contribute to the familys wealth in order to live comfortable and in many circumstances just scrape by. As the end of the nineteenth century was nearing, the essential role of childrens labour began to decline (Schrumpf, 2008). The shift of social roles and responsibilities brought about by war is greatly linked to the breakdown of societal structures and long-stand ing morals. Childrens involvement in war defies the established and generally accepted norms and values in regard to those responsibilities of children and adults (Honwana, 2006). When it comes to combating the prevalence of child soldiers in third world countries, it is important to consider the definitions of both a soldier and a child. Any common dictionary will define a soldier as a person who serves in an army or is engaged in any military service for a particular cause. A child on the other hand is an individual between birth and full growth, a son or a daughter with words such as foolish, petty and immature being tacked to it to portray the Westernized concept of behaviour akin to children (Collins, 2008). Therefore placing children in a position of authority over adults during war is contradictory of Westernized conceptualizations of what children are typically supposed to represent in a society. Likewise, the prevalence of child soldiers in Uganda and Sierra Leone develops a sense of patriarchy (Murphy, 2003). Modernization theory suggests that the third world should adopt the first worlds strategies for economic and societal success. This can be seen as patriarchy. In other words, this demonstrates a father-child type of relationship between the first and third world in which the first world attempts to better the third world through coercion and assimilation while not attempting to necessarily cater to cultural differences and perspectives. This is exactly what the military did to child soldiers when not considering the deleterious effects on the children which caused their failure to be reintegrated into society in turn causing economic hardship for both nations. As previously stated, Modernization theory is based solely on Eurocentric ideas of progress. This theorys goal was to create economically advanced societies with populations living according to appropriate moral codes. Firstly, child soldering can be seen as an act against Western morality. Secondly, economic modernity is seen a positive achievement. Modernization theory attempted to create a strong image of the third world to developed regions of the world and attract positive foreign investment which in turn would contribute to the poverty-stricken economies. The notion of Uganda and Sierra Leone as being incapable war-torn societies comprised of lost children unable to be reintegrated may not be as desirable for foreign investors. Research and Analysis: Child soldiering is directly related to a countrys current economical stance. The effect of war on Uganda and Sierra Leone is devastating, as the nations economy declines as capital and land are destroyed and people displaced. A high level of economic development is an important factor in establishing domestic peace. To prove this, of the ten states involved in armed conflicts from 1994-1998, no use of child combatants was evident. These places being: Cameroon, Comoros, Egypt, Guinea-Bissau, Lesotho, Mali, Nepal, Niger, Nigeria and Senegal. One of the dominant shared characteristic of these ten places is that all of them had a medium rate of economic development (Hoiskar, 2001). Child soldiering has a very large impact on the economy as well as education. Injuries to human capitol could hinder a nations productivity and growth for decades (Annan and Blattman, 2010). Youths earnings noticeably drop by a third, their skilled employment halves, and schooling drops by a year. These cause consequences for lifetime labour market performance. A survey was conducted in Northern Uganda where an unpopular rebel group has forcibly recruited youth tens of thousands for twenty years. This abduction is what creates the impact on education and earnings. It is the educational deficit that largely impedes labour market success in Uganda. A widely known example is the Lords Resistance Army which was known for abducting children because child labour is widely known to be cheap and therefore benefitting of the present, already poor economy. Many of the youths were taken during night raids on rural homes, counting anywhere from 60, 000 to 80, 000 children. Abductions ranged from one day to ten years, averaging eight months approximately. Only a few mont hs after training, the children received guns. Now, no more than one thousand youth are thought to remain with the LRA at this time, the remainder being those that had perished during combat or from unsatisfactory living conditions (Annan and Blattman, 2010). This causes the interruption of education. These youth often complain of difficulty when re-entering into the school system, which creates a wide gap in education limiting their options in the labour market. Labour market performance suffers in the quality of work of child soldiers, not the quantity. This abduction appears to interrupt the ability to accumulate skills and capital and thus stalls productive employment (Annan and Blattman, 2010). Additionally, abductees are twice as likely to be illiterate than non-abductees (Annan and Blattman, 2010). Child soldiers are a known threat to national security and the stability of post-war political order, paying close attention to the lack of educated populations and increasing aggression among the nations members. This aggression is known as the gun mentality which is an adopted attitude from the military. War becomes a source of personal enrichment and empowerment. Keep in mind that many of these children are born into war and accept that war is a normal way of life. These children become motivated by patriotism and ethnic power domination which is much like brainwashing. It is unfortunate that not much commitment and sustained effort is put into reintegration of these suffering children. In Uganda and Sierra Leone, child soldiers are treated as a lost generation (Francis, 2007). Despite many opinions about child soldiers being useless, there is evidence in former-war torn and post-conflict societies that suggests ex-child soldiers can in fact be reintegrated into normal society. Th e challenges of protecting these children are important to address. Although it is difficult for international laws to be instilled in the third world due to contrasting ideals and varying definitions of what child soldiers and child labour are, what is known as paper protection is now helping to make international laws protecting children in conflict zones enforceable since 2006. It is important to remember that this is only an attempt and not a successful endeavour (Francis, 2007). Conclusion: Tasks performed by child soldiers are the new face of the traditional child labour practices across Africa, armed conflict being just an extension of these traditional practices (Francis, 2007). Although Child Soldiering is commonly addressed as an issue harmful to the children partaking in the military actions alone, this essay thoroughly demonstrated that it can also effect a countrys entire economy international investment interests. The direct and indirect effects of child soldiering on Uganda and Sierra Leones economy is evident and explored through a Modernist perspective using Rostows Modernization theory as critical analytical support. Child soldiering makes difficult the reintegration of children into society and also disadvantages children in respect to their education. Education in the army for these children is not necessary. Not only is education discouraged but these children are taken from their families and homes at a pivotal point in their adolescent school years. Children leaving the military forces in Africa face higher risk for psychological problems and alienation. They are rarely reintroduced with their family members, often because they are forced to kill them prior to entering the army. This generation of child soldiers is what the countries depend on for economic growth. If these children are already struggling with reintegration as well as obtaining their education, the countrys economical prospects seem bleak. It is for these reasons that this paper has addressed both how and why child soldiering in Uganda and Sierra Leone has lead to these nations economical and political downfalls. Reference Page Annan, Jeannie and Blattman, Christopher. (2010). The Consequences of Child Soldiering. The Review of Economics and Statistics, 92(2) Retrieved November 8, 2010, from http://www.mitpressjournals.org/doi/abs/10.1162 Blattman, Christopher. (2007). Causes of Child Soldiering: Theory and Evidence From Northern Uganda. Annual Convention of International Studies, Retrieved November 8, 2010, from http://www.prio.no/upload/3598/Blattman-ISA-2007 Collins Canadian English Dictionary. (2008). Child and Soldier. Harper Collins Canada. Druba, Volker. (2002). The Problem of Child Soldiering. International Review of Education, 48(3) Retrieved November 8, 2010, from http://www.springerlink.com/content Finnstrom, Sverker. (2006). Wars of the Past and War in the Present: The Lords Resistance Movement/Army in Uganda. The Journal of the International African Institute, Retrieved February 20, 2011, from à http://resolver.scholarsportal.info.proxy.queensu.ca/resolve/17500184/v76i0002/ 200_wotpawtlrmiu Francis, David J. (2007). Paper Protection mechanisms: Child Soldiers and the International Protection of Children in Africas Conflict Zones. Journal of Modern African Studies, 45(2) Retrieved February 20, 2011 from http://resolver.scholarsportal.info.proxy.queensu.ca/resolve/0022278x/v45i0002/2 07_pmcsatociacz Hoiskar. (2001). Underage and Under Fire: an Enquiry into the Use of Child Soldiers. Childhood, 8(3) Retrieved November 10, 2010, from http://journals2.scholarsportal.info.proxy.queensu.ca/details-sfx.xqy?uri=/ Honwana, Alcinda. (2006). Child Soldiers in Africa. University of Pennsylvania Press. Retrieved November 8, 2010, from http://books.google.ca Kimmel, Carrie and Roby, Jini. (2007). Institutionalized Child Abuse: the Use of Child Soldiers. International Social Work, 50(6) Retrieved November 9, 2010, from http://journals2.scholarsportal.info.proxy.queensu.ca/details- Loughry, Maryanne and MacMullin, Colin. (2004). Investigating Psychosocial Adjustment of Former Child Soldiers in Sierra Leone and Uganda. Journal Of Refugee Studies, Retrieved February 10, 2011, from http://journals1.scholarsportal.info/tmp/3974326444682001496.pdf Murphy, William P. (2003). Military Patrimonialism and Child Soldier Clientalism in the Liberian and Sierra Leonean Civil Wars. African Studies Review, 46(2) Retrieved February 10, 2011, from http://www.jstor.org.proxy.queensu.ca/sici Schrumpf, Ellen. (2008). Child Labour in the West. Encyclopedia of Children in History and Society, Retrieved November 10, 2010 from http://www.faqs.org/childhood/Bo-Ch/Child-Labor-in-the-West.html Vautravers, Alexandre J. (2008). Why Child Soldiers are Such a Complex Issue. Refugee Survey Quarterly, 27(4) Retrieved February 10, 2011, from http://journals2.scholarsportal.info.proxy.queensu.ca/details- sfx.xqy?uri=/10204067/v27i0004/96_wcsasaci.xml
Friday, October 25, 2019
Free Essays on Kafkas Metamorphosis: Metamorphosis of Gregor Samsa :: Metamorphosis essays
à ââ¬Å"When he lifted his head a little, he saw his vaulted brown belly, sectioned by arch-shaped ribs, to whose dome the cover, about to slide off completely, could barely cling. His many legs, pitifully thin compared with the size of the rest of him, were waving helplessly before his eyes.â⬠Gregor Samsa has gone through a metamorphosis. This change has turned Gregor into a ââ¬Å"monstrous verminâ⬠. The anxieties, inner terrors, and cynicism, which fill Gregorââ¬â¢s life, are expressed by Kafka throughout the novel, metamorphosis. Franz Kafka uses these feelings as an element of Expressionism to convey Gregorââ¬â¢s attitudes towards his life and society. Examples depicting this element of Expressionism used in the novel are Gregorââ¬â¢s feelings towards his job, the effect his job has on his family, and the cruelty that his family displays. The novel opens with Gregor in his monstrous state, late for work. He infers that his job as a traveling salesman is very consequential, yet he is growing tired and frustrated, ââ¬Å"The upset of doing business is much worse than the actual business in the home office, and, besides, Iââ¬â¢ve got the torture of traveling, worrying about changing trains, eating miserable food at all hours, constantly seeing new faces, no relationships that last or get more intimate. To the devil with it all!â⬠Gregor has a great amount of fury towards his job, which eventually led to his anger towards society as a whole. The fact that his office manager showed up at Gregorâ⬠â¢s house plays an immense role in creating trepidation and anxieties in Gregorââ¬â¢s mind. Gregor feels strangled by his job and is too weak to tolerate the pressure. In addition to the pressure created by his office manager and society, the Samsaââ¬â¢s, especially Gregorââ¬â¢s father, take advantage of him. Gregor earns the basic income to support his family. ââ¬Å"But of course he actually could have paid off more of his fatherââ¬â¢s debt to the boss with this extra money, and the clay on which he could have gotten rid of his job would have been much closer, but now things were undoubtedly better, the way his father had arranged them.â⬠The superficiality of the Samsaââ¬â¢s has put Gregor in a difficult position, which is a component causing Gregorââ¬â¢s metamorphosis. Gregorââ¬â¢s family in general, had given him the attitude he has on life. They took advantage of him to the point where he was the means of the familyââ¬â¢s survival.
Thursday, October 24, 2019
Promote Products & Service Essay
1/ Introduction: After the 3D movie blockbuster of American film called ââ¬Å"Avatarâ⬠released worldwide in 2009, a lot of cinemas in the world also start the movie with this technology. In particular, a few years ago, to demand of customers as well as improving the quality of business, there are many investors have invested â⬠3D coffeeâ⬠. 3D Coffee is gradually developing into a movement entertainment healthy. It looks like a new air crept into the lifestyle of young people. 2/ Business idea: * Create a unique coffee shop, where customers can enjoy nice coffee cups and watch blockbuster movies together. * Establishing a high-speed system of wireless for customers can access free. * This would be an ideal location for family or couple want to relax and talking. 3/ Requirements toà succeed in your business: * Location: The first restaurant should be located in a busy residential area to attract a lot of customers in Sydney. After the first 3D restaurant succeeds, there is more 3D coffee shops will be opened. When brand of shop was known in a lot of cities, we should get franchised and starting this business in other big cities. * Pricing strategy: Give customer a price of product consistent with cost rate. Organizing regular promotions to customers and discount special days. * Quality strategy: maintaining and development the company production that has been consumed widely in the consumer market as well as improve the poor quality production. * Advertising and Promotion strategy:To attract clientââ¬â¢s that 3D coffee shop would advertise through TV, radio, magazine, Face book and internet. The shop should have advertising strategies to clients through networking communities. Promotional activities for all products sometimes are showed such as discount activities, promotions and big events to compete with other shops as well as provide information about the restaurant to customers. * Customer service: Creating a professional staffs with higher responsibility. They should be friendly and patient with customers to make customers feeling comfortable and enjoy their visit. 4/ Entrepreneurship: * Design the shop: there are three floors. + The first floor: This floor for staff only, there are bar, toilet, etc. + The second floor: there is one large room with a capacity of 30 people, it can be used to organize offline, enjoy music Audiophile, Lossless lyrical, gentle, combined watch HD movie blockbuster. + The third floor: there are 10 rooms with 5 rooms for groups of friends, families can sit comfortably that have large screen (120 inch), large space,à polite, audio system modernization and 5 rooms for couples, friends with private space, romantic, seat systems extremely relaxing. All rooms are equipped with HD projector ââ¬â 3D and it can serve 3D movies with high quality. * Customer: The majority of the customers is young people who looking for new things and want to try the different feelings. In addition, this shop also serves international customers who want to find where they can have both their own space to watch movie, enjoy coffee and talk together, so that this is an ideal location. 5/ Business Objectives: A/ The common purpose: Give to customers of all ages who need somewhere for entertainment, relaxation and enjoying favorite movies as well as where customers meet friends. Besides, this shop also serves customers who want to hold a birthday party for your friends, relatives, or want to date, say a marriage proposal, Events, etc. In general, this shop will help customer to reduce stress after a stressful working hours. B/ Shop business purpose: * Bring large profits for the investors. * Bring revenue to the country from tax * The economic benefits contribute to the annual budget: + Income tax + Personal income tax. * Create a professional image, reliable in the hearts of consumers. * To satisfy the entertainment needs of the people, improve the spiritual life, help people to get fun time after hours for learning and work stress, contributing for the cultural life community and re-production labor. 6/ SWOT Analysis: A/ Strength (S): * Ample space, designing layout unique and beautiful, new furniture. * Favorable location. * Reasonable price. * The management work capacity and determination. * Services to provide good quality, high-speed transmission. * The wifi internet service has high speed and easy to register multiple packages Promotions. * Using modern machinery and professional. B/ Weakness (W): * The first capital investment is lacking. * Donââ¬â¢t have patrons as well as reputable supplier for products in the starting days. * The new shop establishment makes it difficult to attract new customers. * Donââ¬â¢t have too much experience in business coffee 3D. C/ Opportunities (O): * Focus on potential clients: students, people with average incomes. * There is good material. * Opening more branch around the world or sell franchise for foreign companies. D/ Threats (T): * Other local shops could try to adopt business idea in a short time. * The large number of new shop that will be opened to competition. 7/ Financial, Legal, Marketing, Operational and Business viability: * Financial:In order to this business succeed and develop which the company have to invest about $500,000. When business achieved and attract customers that will have grown steadily 5% each year in investment. Beside, business should hire accountants to prepare tax return, overt business activities to take care of business tax affairs. * Legal:Business will hire lawyers to maintain activities and resolve with legal and procedure affairs. * Marketing:Pay advertising company to create original Ads, flyers. At the same time, advertise through TV, radio, magazine, Face book and internetas well as developing logo and slogans. * Operational: create a management reasonable system include supervisors, floor managers and leaders to manage staff shifts. All of them should be training and study a course about professional skills to service clients. * Business viability: maintain activities and making a profit and increased steadily per year. 8/ Conclusion: 3D COFFEEâ⬠â⬠will provide a space, an suitable environment for many different demands of customers as well as creating healthy recreation and relax with some reasonable prices. When customers come to ââ¬Å"Coffee 3Dâ⬠that they will be integrated into the environment lively, friendly and everyone will be linked together easier. Furthermore, this shop will satisfy all the needs of the individual or collective by new services and so interesting. Through the analyse and present research information of project â⬠3D COFFEEâ⬠. We think this project will bring high economic efficiency and accordant with the needs of people as well as the general trend development of social especially young people. 9/ References: * Principles of Marketing (26/09/2011) 5th edition, Person Australia.
Tuesday, October 22, 2019
Feudal System Essay Example
Feudal System Essay Example Feudal System Paper Feudal System Paper In modern society outdated legal systems, such as the feudal system and the common law, are upon as vanquished memories of the past, but in reality the modern legal systems and laws that we live by today have traces of these memories of the past and have been developed from these outdated ones. The feudal system as a very rich history and are the roots of the Canadian legal system, with a very important significance to our modern system. These traces of ancient legal systems will always be a part of Canadas legal system. About the Feudal System The feudal system is a very big system, filled with rich history. Society was dependent on the feudal system, it was the modern legal system for roughly 1600 years through out Europe, in use from 300 A. D to 1400. The Feudal system was based on allocation of land in return for service. The feudal system could be organized in layers and is often looked at in a diagram of a pyramid, with the most honorable and looked after people were towards the top of the pyramid, and the common people towards the base. There were several groups within this pyramid, varying in distance from the top of the pyramid and base, each group under the highest authority was a vassals to the groups directly above them, this meaning that they swore loyalty to them. The king or emperor would always be at the top of the pyramid and be looked at as the most rueful figures and be the highest of authority to all groups in the pyramid. : Under the highest authorities there would be the lords, who were vassals to the king. Under the lords there would be the knights, who were vassals to the lords. Lastly, under the knights would be the peasants, who were bound under the feudal system and also known as serfs. The king would start out by giving the lords fief, which usually consisted of land and the labor of peasants, and peasants, in return the lords gave shelter to the knights, in return the knights provided honor and public respect, also now as homage, and military service. The knights would then pass on food, protection, and shelter to the base of the pyramid, the peasants, in return the peasants would farm the land and pay rent. The feudal system was a way for the upper nobility class to keep maintained control of the lower classes. The feudal system was a system that led to many modern legal systems that take place today. The Feudal Systems Significance to the Canadian Legal System The feudal system is deeply connected to our current Canadian legal system and has many similarities. The feudal system directly connects with Canadas legal system since both of the systems regulated through taxes. In the feudal system peasants were given land to farm and make a living, shelter, and protection in return they paid rent, which served the same purpose as taxes in the Canadian legal system. In the Canadian legal system citizens must pay taxes to the government yearly and whenever they make a purchase, these taxes go to shelters, medical centers, police forces, and military forces, these are then available for the citizens, giving them Job opportunities, helter, and protection. The feudal system ties into today because in the feudal system, unless you were the highest authority, there was some one who would give orders to you in exchange for something. This happens today, an example of this would be at a Job, a worker is given a order by his boss in exchange for money and benefits, while the boss has also received orders from the possible head office or district in exchange for a greater amount of money and perhaps better or more benefits. This would go on and on until the highest point of authority is reached, who s most likely to be looked as the most powerful. The feudal system still exists within the modern Canadian legal system. Our historic legal systems have been a great part of the worlds past, present, and most likely future. The feudal system has rich content that shows how significant it is to the modern Canadian legal system. The feudal system will always be known as a historic legal system, but will also be looked at as the system that inspired the Canadian legal system and will continue to inspire in centuries to come.
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