Amazon.com and Business Essay -- Essays Papers

Pros and Cons of Attending School Online or on Campus Free Essays

My Pros and Cons of Attending College Online or On Campus Lavesha Dailey Eng 121 Elizabeth Hoyle July 10 ,2011 Throughout America individuals frequently will in general think about things. A portion of the things that are being contrasted are more significant with certain people groups than the other. I love to thought about thing like online schools or nearby schools. We will compose a custom exposition test on Advantages and disadvantages of Attending School Online or on Campus or then again any comparable point just for you Request Now These two schools are regularly thought about when expending, less work and may even when having the option to spend at home. Be that as it may, first the most significant thing about these two schools would initially be the tedious. Tedious is significant when going to class. Going to class online you don’t need to work about getting up and getting dress or in any event, discovering something to wear. You can basically go to class in your pjs in light of the fact that you are in the security of your own home. What's more, you don’t even need to stress over being late for class. In any case, then again when going to a nearby school you have stress over a wide range of things like to prepare up and get for school and furthermore agonizing over things, for example, discovering something to wear, brushing your hair or ensuring that you are on schedule for school before getting check missing. As such going to class nearby truly takes more exertion and time then basically simply going to class on the web. In any case, another path going to class online is better than going nearby is that there is by all accounts less work in class to do. Alright, I have notice a great deal of things about going to class on the web and going to class nearby. I for one incline toward going to class online for the most part in light of the fact that there is less work to be finished. I recollect when I use to go to Alabama Southern Community College, I was consistently pack with more things then I can deal with. I would fire my free day by getting up, discovering garments, brushing my hair, showering ect†¦ Then after that I would need to go gas up my vehicle since it was costing me twenty dollars per day to head to class from where I lived. Gas is another factor when going to a grounds school since it can get the opportunity to be extremely costly. In any case, when going to I would consistently have a ton of books for various classes that I was taking. Furthermore, when you are a full time understudy in school you must have at any rate twelve credits or all the more with the goal that like three to at least four classes per week so as to get the entirety of your credits. Much after the entirety of this schoolwork will in general be giving in a portion of the classes. Likewise tests in various classes around the same time are giving as well. When then again I notice since I am as of now going to Ashford University Online, I have one class and I am consider to be full time. The school work is aslo scattered and I am not every single giving heap of work at once and just one test is given seven days rather than a great deal of test in various classes one after another. Yet, the best thing of about school online is having the option to invest energy at home. Having the option to invest energy at home is the significant factor about going to class on the web. Truth be told this is one of the primary purpose behind many individuals not completing school. The vast majority when are ask while they are not in school or as yet going to class they will in general say that they can’t discover the to or If they have children they state that they don’t have anybody to keep them. Well this is all obvious and by going to a school nearby this is awful procedure to stress over however by going to school online you don’t need to stress over any of these things since you can do your online course anyplace, as long as you have your PC or a work station and network access. You can likewise take your children along any place you go. When then again when you go to school nearby you have various occasions to be in a class and you can’t bring your children, that implies than realize you would need to stress over discovering somebody to keep the child and that likewise going to cost additional cash. At the end of the day regardless of what individuals appears to contrast in life everything is going with have there own advantages and disadvantages. Regardless of whether it something you like or aversion. Be that as it may, whatever you think about simply ensure the appropriate response you concoct is something you make certain to appreciate. Step by step instructions to refer to Pros and Cons of Attending School Online or on Campus, Essay models

Financial Statements How Does Currency Translation Work

Financial Statements How Does Currency Translation Work If your business entity operates in several countries, chances are you also use different currencies as part of your business operations. But when it comes to reporting your company’s finances through financial statement, you aren’t allowed to use more than one currency.In order to have your financial statements recorded in a single currency, you’ll need to perform currency translation. What does currency translation entail and what are the different methods used in the process? This guide will answer both of those questions and give you tips to avoid common mistakes associated with currency translation in your accounting procedure. © Shutterstock.com | file404In particular in this article, you will learn 1) what is currency translation, 2) why currency translation is needed and used, 3) the three steps of currency translation, 4) how the rates are determined, 5) avoiding the common mistakes, and 6) how to mitigate the risks of currency translation.WHAT IS CURRENCY TRANSLATION?Before we look at the definition of currency translation, it is a good idea to define some of the key terms used in the process. Below is a break down of the three key terms: currency, financial statements and exchange rates.What are currencies?Currency is a generally accepted form of money, which includes both coins as well as paper notes. It is issued by a specific government and circulated within the government’s jurisdiction.Currency is used as the medium of exchange when people deal with goods and services. It is essentially the basis for trade.Most countries of the world have their own currency. Some of the most known official cur rencies and their countries include:The US Dollar â€" United StatesThe Chinese Yuan â€" ChinaThe British Pound â€" the United KingdomWhile most countries in the world use their unique currency, there are some instances where different legislations might use the same currency. A number of European countries, such as France and Germany, use the Euro, for example.Nowadays, there are also currencies, which are not tied to any specific country or monetary union. For example, cryptocurrencies such as bitcoin are an example of these currencies.There are also other currency types, such as branded currencies and local currencies. But currency translation mainly deals with the tradable currencies.What are financial statements?A business, individual or other such entity must keep a formal record of their financial activities. This is often for taxation purposes and these records are called financial statements.The most common financial statements for business include:Income statementsBalance s heetStatements of retained earnings and cash flowCurrency translation might show in all of these statements, although it is most essential for balance sheet reporting.What are exchange rates?Exchange rates are used in order to state the price of a specific currency in another currency. It has two separate components: the domestic currency and the foreign currency.Most exchange rates use the US dollar as the base currency, but the Euro is also often used for this purpose.Exchange rates fluctuate almost daily. It is important to understand this, as currency translation might require you to use a specific exchange rate from the past. You can find out different exchange rates through services such as XE.The definition of currency translationIn short, the definition of currency translation refers to the process of quoting the amount of money in one currency in the denomination of another currency. Companies typically need this process as part of their financial record keeping. Currency t ranslation is often used in balance sheets.Companies, which operate in different countries, tend to have to use different currencies as part of their bookkeeping. For example, a company which is headquartered in the US would mainly use the US dollar in its accounting. But it might also receive part of its revenue from sales in the United Kingdom. These sales would naturally use the British pound.But for accounting, the company has to use only one currency and therefore it needs to translate the British pound into US dollar.Currency translation must be recorded on the company’s balance sheet as an equity account. In some instances, such as in the case of large banks, the translation will be recorded as equity capital. The difference between functional and operation currencyMultinational companies can use different currencies for its operations. These are often referred to as the operational currencies.But for accounting purposes, the company also has to have a functional currency, which is the primary type of money the company uses. Most companies tend to use the currency of the nation they are headquartered as the functional currency. But this is not required and some companies choose to use a different currency â€" usually one that is the most relevant for its operations.WHY IS CURRENCY TRANSLATION NEEDED AND USED?As mentioned above, currency translations help a company create financial statements that feature a single currency. In fact, the governing tax authority often requires companies to only use one denominated currency as part of their recording procedure.While currency translation is typically mandatory process, there are certain benefits to currency translation as well. In the modern world, the multinational company is becoming the norm and even small- and medium-sized businesses tend to have cross-border operations. For these companies, currency translation will be essential.Using a single currency as part of financial statements will make these s tatements easier to read and analyze. It is near impossible to draw rational conclusions from a statement, which features more than one currency.THE THREE STEPS OF CURRENCY TRANSLATIONSo how does currency translation work in reality? In its essence, the process can be defined by three separate steps the company needs to take. These are:Determining the functional currency for the businessRe-measuring the financial statements of the business in the functional currencyRecording the gains and losses on the translation of currenciesTo make sense of each step, lets now look at the process in more detail.Step 1: Determining the functional currencyAs discussed above, companies must pick a functional currency and do all of the financial reporting in this single currency.While the functional currency is most often simply the company where the businesses main headquarters are, there are other ways to decide the functional currency. The other alternative often selects the functional currency ba sed on the currency majority of its operations are conducted.For example, while a company might have its headquarters in Brazil, its main business operations might take place in the US. Instead of using the Brazilian real, the business might choose to make the US dollar its functional currency.The above two ways of picking the functional currency are relatively straightforward. Problems might arise if the company operates in equal measure in separate locations outside of its country of residence. The company will just need to decide the most convenient currency under these circumstances.Furthermore, once a company decides its functional currency it shouldn’t make changes to it, at least not regularly. A change in functional currency should only take place in situations of significant change in economic facts and circumstances.Step 2: Re-measuring the financial statements in the functional currencyOnce the business has denominated its functional currency, it needs to ensure its fin ancial statements only use the selected currency. Instead of recording losses in separate headings for sales in separate currencies, the balance sheet shall feature sales only in the functional currency.Each aspect of the financial statement must be translated into the single currency. This involves calculating the total of the following items:The company’s assets and liabilitiesSpecific items in the income statement:Revenue, expenses, gains and lossesBusiness allocations such as depreciation and amortizationCash flowsFurthermore, it is crucial to keep a close eye on the dates in which any of the above transactions occurred. Currency translation often only occurs at the end of the financial year, but the rates you choose to use are determined by the transaction date in some instances.The following section will deal more on how the actual rates are determined in terms of calculating the currency translation. For now, it is important to note you might need to use the exchange rates from the past as well as present. Therefore, proper bank statements and income records are essential to ensure you use the right rates.Step 3: Recording the gains and losses on the currency translationFinally, currency translation often results in translation adjustments. These adjustments must be recorded on the company’s balance sheet as well. They are mentioned in the equity section of the balance sheet.Furthermore, the translation adjustment also requires the company to record the adjustment in the profit or loss statement of comprehensive income.HOW ARE THE RATES DETERMINED?As you are aware, exchange rates are constantly fluctuating. This fluctuation causes certain difficulties for companies, as they need to account for this in their currency translations.Instead of simply checking the current exchange rate when translating currencies, you might sometimes need to use different rates either for a specific period or even for a specific date.Below is a look at the different rate s companies need to use and the parts of the statement that fall under this specific calculation method:The average rate for the period â€"The average rate for a period refers to a calculated average exchange rate for the specific financial period. This is typically the financial year, as it is the basis for most financial statements. The average rate should be calculated by checking each rate during the period and dividing it by the number of these different rates. The average rate for the period is used for translation currencies for income statement accounts.The ending rate for the period â€" The ending rate for the period is the exchange rate at the end of the financial period. For example, if the financial year ends on December 31, the currency translation would use the exchange rate of this date. Liability and asset accounts use the ending rate for the period for currency translation. Nonetheless, fixed assets are not translated with the ending rate.The original historical rat e at the point of acquiring â€" The original historical rate at the point of acquiring simply uses the exchange rate of the date when the entry was created for the income statements. For example, if the qualifying transaction happened on July 7, even if the financial year ends on December 31, the exchange rate used should be from July 7. Fixed assets are always translated with the historical rate. It must be noted they also won’t be re-translated later on.Finally, you should keep in mind that equity accounts are generally never re-valued.The above rate calculations and methods are largely universal. But different companies might have slight differences as to which transactions should be recorded with which rate. It is a good idea to check with the responsible jurisdiction prior to currency translation to ensure you use the correct rates.AVOIDING THE COMMON MISTAKES IN CURRENCY TRANSLATIONAlthough the guidelines for currency translation have not evolved much in recent years, there are certain mistakes companies continue to make. These mistakes can naturally lead to misstatements in financial reporting and cause damage to the company’s bottom line. Overall, this leads to false statements and thus business results can be different from the real picture.In order to avoid regulatory scrutiny and to ensure your statements are correct, it is a good idea to look at these common mistakes. This way you can learn from them and ensure to avoid falling foul of them with your currency translation.Hiding gains and losses in comprehensive income instead of recognising in net incomeThe first mistake often involves companies misclassifying a foreign currency loss or gain in other comprehensive income instead of net income. This might not sound like a big issue, but it results in incorrect net income and hides the gain or loss in the account, resulting in missed changes in the equity part of the statement.This mistake is most persistent with companies that have an intercompa ny account and this account it recorded on the books of other units with different functional currencies.It is important to keep an eye on your company’s intercompany balance, especially if you have parties which record their specific balance in different currencies.Furthermore, recording the gains or losses in other comprehensive income is not always wrong. In situations where these gains and losses are essentially permanent, the gains and losses will be recorded on other comprehensive income instead of net income.Preparing the consolidated statement of cash flows based on amounts in the consolidated balance sheetWhile the cash flow transactions can be translated by using the average rate for the period, many experts think the statement should use the historical rates for each transaction. The problem arises because accountants often support the indirect method. While this indirect approach can work with smaller companies, it can be dangerous with larger companies with multiple e ntities.The indirect method used the historical average to calculate the cash flow. As mentioned above, you’ll use the average exchange rate for the period for translating the cash flow.But in many instances, this can lead to large-scale errors, as exchange rates can fluctuate quite a bit. Therefore, it is better to avoid using historical averages and instead use the historical rate for the specific transaction across all cash flow calculations.Not recognizing the need to modify accounting for translations in inflationary environmentsCompanies can sometimes end up operating in highly inflationary economies and this adds additional pressure to currency translation. But in many countries, such as the US, the general accounting rules require companies operating in a highly inflationary environment to re-measure as if the functional currency was the reporting currency of the business. This results in translation adjustments and changes slightly how the earnings are reported.A recent e xample of this was the Venezuelan economy, which received a highly inflationary status in 2009. Companies operating in the country would have had to change their reporting method in terms of currency translation, although some initially forgot to do so.HOW TO MITIGATE THE RISKS OF CURRENCY TRANSLATIONIt is possible to mitigate the risk of currency translation through three simple practices. By using the following three methods, you can reduce accounting risks and improve the accuracy of your financial statements.Implement proper accounting policiesFirst, it is essential to create clear accounting policies. This might sound obvious, but for companies operating in several different jurisdictions, this advice is essential. You need to have clear guidelines across the different entities to ensure the accounting practices used are universal across your company.It is especially important to create a proper set of currency translation guidelines. These can guarantee companies to prepare an d adjust to this at the initial phase to make currency translation later much more straightforward.Scrutinize your accountingYou should also check your current accounting procedures and make sure each unit complies with the main accounting procedure of your reporting country. You need to be able to check each individual accounting procedure and backtrack on the information provided with ease.Have appropriate internal controls to detect mistakesAccounting mistakes can happen, but the crucial thing is to limit them as much as possible. You want to create an internal system that acknowledges mistakes, instead of having a tax authority accuse you of reporting errors.The key is to ensure the internal controls focus tightly on the accounts in terms of net income and the currency translation account. This can guarantee your currency translation is a successful one.

Crito Essay - 1581 Words

Socrates has been accused of corrupting the youth by Meletus and has been sentenced to death. He has thoroughly justified his own decision to obey the opinions of the majority and serve out the sentence that his own city has deemed appropriate for his crimes. At the beginning of this piece, Socrates has presented a period of questions and answers through dialogue with Crito. Throughout the dialogue Socrates is explaining his reasoning for not evading the government. Crito does not understand the madness of Socrates, and would like nothing more than to help his dear friend escape to freedom. quot;†¦I do not think that what you are doing is right, to give up your life when you can save it, and to hasten your fate as your enemies would†¦show more content†¦Any person who would unjustly disobey these laws creates a deliberate attempt to destroy them, as well as, the society that has imposed them. For example, quot;†¦However, that whoever of you remains when he sees how we conduct our trials and manage the city in other ways, has in fact come to an agreement with us to obey our instructions.quot; (Crito p.54e) If the decisions of the city’s governing agents are not thoroughly respected as just and cohesive parts of society, the very structure by which the society stands is subject to collapse. If a person is found to be in violation of what his society stands for and does not accept the consequences for his actions, then there can not be a system of law in place to create order. quot;You must either persuade it or obey its orders, and endure in silence whatever it instructs you to endure, whether blows or bonds, and if it leads you into war or be wounded or killed you must obey.quot;(Crito p.53b) The society in which a person lives creates a mutual relationship in which every person in that society is indebted to, if he willingly accepts that society for his own. Following along these basic concepts, Socrates then adapts them to his own circumstances, which have presented to Socrates by his companion Crito, that being the option to escape from his captors and renounce their decision on his fate. Socrates concludes that if he were to follow Crito’s advice he would beShow MoreRelatedPlatos The Crito Essay954 Words   |  4 PagesPlatos The Crito In life, people are guided by moral beliefs and principles. Whether their beliefs are good or bad, their decisions are based on them. In Plato â€Å"The Crito†, Socrates emphasizes his moral beliefs and principles when he decides not to escape from prison. Although Socrates had the opportunity to escape his death sentence, he chose not to do so becauseRead MoreEssay about Socrates Argument with Crito536 Words   |  3 PagesSocrates Argument with Crito Socrates has presented a period of questions and answers through dialogue with Crito to examine if he going into exile will damage his reputation. Socrates questions and answers with Crito establishes that a person must decide whether the society he or she lives has a just reasoning behind its own standards of right and wrong and that a person must have pride in the life that he or she leads. By confirming these two concepts through questions, Socrates attemptedRead MoreThe Presentation of Socrates Arguements in Plato’s Apology and Crito792 Words   |  4 PagesIn both Plato’s Apology and Crito, Plato presents Socrates arguments clearly and precisely. Socrates is wise man with a different perspective on life, which presents us with a mass of contradictions. Socrates is an expressive man, yet he never recorded any works. He is ignorant, but wrongfully convicted who is willing to fight his unjust execution. Behind these dilemmas is an opposition not often explored. Socra tes is the most patriotic of philosophers, who is dedicated to his state. Exploring thisRead MoreThe Function of the Quest or Journey Motif in the Apology and the Crito966 Words   |  4 Pagesat the beginning there was nothing known. The quest in its very nature is a search to find an answer, an artifact of power and wealth or perhaps even for peace; in the platonic dialogues they play a crucial role in the Apology of Socrates and the Crito. The Apology in the trial and death of Socrates is an example of a quest or journey motif applied, whether or not quest or journey is the preferred word is left to you who are reading this. In the apology, Plato is accused of corrupting the youth ofRead MoreFate Or Free Will?882 Words   |  4 Pageswas one of the most distinguished philosophers to demonstrate free will. He would demonstrate this by choosing in which manner he would perish, and when the phenomenon would transpire. His apprentice Plato would write with reference to this in C rito. On the other hand, Niccolo Machiavelli from the Renaissance epoch, writes references to the fate of one in The Prince. He would acknowledge the virtues that under any circumstances could dictate and control one’s fate. Socrates and MachiavelliRead MoreThe Concept Of Individual Rights1787 Words   |  8 Pagesflourishing personal identity and a flourishing community when a mutually beneficial goal seems to interfere with an exclusive goal; oftentimes, individuals reject making personal sacrifices unless they can see immediate, personal results. The Apology and Crito, written by Plato on the behalf of Socrates, explore the higher ethical concerns that dominated Socrates’ personal life and philosophy, and thus explore his view on how the society and individual should interact. The Republic expresses the views ofRead MorePlato s The Trial And Death Of Socrates Essay1671 Words   |  7 PagesPlato’s The Trial and Death of Socrates presents the reader with complex competing conceptions of what should be considered â€Å"the good life†. According to Socrates, â€Å"the most important thing is not life, but the good life† (Crito, 48b). The majority, who live a non-philosophical life, believes the goods of life include wealth, reputation, and honor: all things that can easily be taken away or destroyed. On the other hand, Socrates lives a philosophical life filled with self-sufficiency. He views wisdomRead MoreThe Trial And Death Of Socrates1701 Words   |  7 Pagesdeath as the greatest evil and pro vided his sons a positive role model. He showed calmness in the face of his trouble, while the vulnerable and fragile majority would have been in constant fear of death. Socrates, in saying goodbye to Crito in his cell â€Å"Then let it be, Crito, and let us do as I say, seeing that God so directs us.† (Plato, 102) Socrates believes that you cannot harm a good man in life or death. Through The Trial and Death of Socrates, Socrates’ has to overcome a test of his ideals. HeRead MoreAutonomy in Hamlet and Oedipus952 Words   |  4 Pagesand by living his life within the boundaries of the laws and justices of society. Socrates sees this as a commitment by an invisible contract and he must commit himself to obey them even though these laws have wronged him. He is urged by his friend Crito to escape but Socrates feels that this would be wrong as it is going against state, country and his life’s work he states, â€Å"I am not able to abandon the arguments I previously made, now that this misfortune has befallen me†, (Plato, 2007, p. 40). SocratesRead MoreKant, The Rallying Call For Kant s Enlightenment1026 Words   |  5 Pagesâ€Å"Sapere aude!† is the rallying call for Kant’s enlightenment. Translated, it roughly means dare to be wise. Plato, through the voice o f Socrates in the dialogues The Euthyphro and The Crito, demonstrates the ultimate example of Kant’s definition of enlightenment. Socrates fearlessly dares to be wise. In 1784, Immanuel Kant wrote a groundbreaking essay addressing a question posed by Reverend Johann Zollner. The essay was entitled â€Å"What is Enlightenment†. Within this essay, Kant defines what enlightenment

World War I Was A Global War - 1511 Words

Introduction World War I was a global war between the Allies and the Central Powers. It was called the war to end all wars and it was immediately triggered after the assassination of archduke Franz Ferdinand in 1914. 5 years later in 1919, the Treaty of Versailles was signed and ended WWI. The treaty blamed Germany for starting WWI and was wrongly punished for it. Germany retaliated and Adolf Hitler restored Germany s economy and became their dictator and started WWII in 1939 by invading Poland. WWII ended in 1945, and two supreme powers arose: the Soviet Union and the U.S. The Cold War soon followed and was a struggle between the two superpowers and was also about communism. 1940 s July 17, 1945: Potsdam Conference begins in†¦show more content†¦Churchill went at the request of Westminister College to accept an honorary degree. The speech was called the Sinews of Peace, but made the iron curtain phrase famous. From Stettin in the Baltic to Trieste in the Adriatic, an iron curtain has descended across the Continent. This quote changed the way the democratic West viewed the communist East in a bad way. March 12, 1947: Harry Truman announces Truman Doctrine The Truman Doctrine is the principle that the U.S. will support countries intervened by Soviet or communist forces. It was a clear message that any country threatened by the takeover of communism will be helped. Greece was helped because there was a civil war at the time and the Soviet Union had the opportunity to influence communism. Congress agreed to send $400 million of aid to support the govt of Greece. U.S. did not send any of their troops to Greece 1950 s January 31, 1950: Truman orders development of H Bimb Truman announced his decision to support the development of the hydrogen bomb. It was a weapon theorized to be extremely more powerful than the atomic bombs dropped during WWII. The U.S. lost its nuclear supremacy to the Soviet Union 5 months earlier after they successfully detonated an atomic bomb in one of their test sites. Weeks after that, U.S. and British intel confirmed that a Geman born scientist that was a top ranking U.S. scientist in the nuclear

Greek Myth Essay Example For Students

Greek Myth Essay The Greeks believed that the earth was formed before any of the gods appeared. The gods, as the Greeks knew them, all originated with Father Heaven, and Mother Earth. Father Heaven was known as Uranus, and Mother Earth, as Gaea. Uranus and Gaea raised many children. Amoung them were the Cyclopes, the Titans, and the Hecatoncheires, or the Hundred- Handed Ones. Uranus let the Titans roam free, but he imprisoned the Cyclopes and the Hundred- handed Ones beneath the earth. Finally, Gaea could not bear Uranuss unkindness to the Cyclopes and the Hundred-Handed Ones any longer. Gaea joined Cronos, one of the Titans; and together, they overcame Uranus, killed him, and threw his body into the sea. Aphrodite, goddess of love and beauty, later rose from the sea where Uranuss body had been thrown. Now Cronus became king of the universe. Cronos married his sister, Rhea, and they had six children. At the time of Cronoss marriage to Rhea, Gaea prophesied that one of his children would overthrow Cronos, as he had overthrown Uranus. To protect himself, Cronos swallowed each of his first five children Hestia, Demeter, Hera, Hades, and Poseidon immediatly after birth. After the birth of her sixth and last child, Rhea tricked Cronos into swallowing a rock and then hid the child Zeus on earth. Zeus grew up on earth and was brought back to Mount Olympus as a cupbearer to his unsuspecting father. Rhea and Zeus connived against Cronos by mixing a noxious drink for him. Thinking it was wine, Cronos drank the mixture and promptly regulated his five other children, fully grown. Then Zeus and his brothers waged a mighty battle against Cronos and the other Titans. Cronos and the Titans were defeated when Zeus ambushed them with the help of the Cyclopes and the Hundred-Headed Ones, and they panicked and retreated. Cronos and the Titans were imprisioned in the Earth where their fighting still causes earthquakes from time to time. Zeus and his brothers and sisters went to live on Mount Olympus, where they ruled over the earth.

The Human Development of a Six Year Old Essay Example For Students

The Human Development of a Six Year Old Essay Megan Baur is a 6-year-old Caucasian female who currently attends the first grade at a private school, Rolland Park School for girls. She lives with her birth parents and her 4-year-old brother, Kyle, in a suburban house on the outskirts of Baltimore City. Her father is a successful chiropractor and her mother works part time as a dental hygienist. Her mother was a stay home mom from Megans birth till very recently, when she decided to return to work only during the hours while Kyle, the youngest attends nursery school. Megan is a very bright young girl who seems to be progressing in the middle childhood level already. We will write a custom essay on The Human Development of a Six Year Old specifically for you for only $16.38 $13.9/page Order now A child in this level must deal with demands to learn new skills or risk a sense of inferiority, failure and incompetence. The opinions of their classmates matter more than ever before and they begin to feel the effects of peer pressure. In this stage a person can do mental operations but only with real (concrete) objects, events or situations. Logical reasons are understood. For example, Megan can understand the need to go to bed early when it is necessary to get up early the next morning. Children that are in this stage attend school and they enjoy mastering lots of new physical skills. They learn rapidly in school. She does very well in school and is always will to do school work without even being provoked. She is working on abstract ideas of adding and subtracting things and sounding out words for reading. She is above her age group at reading and has a very extensive vocabulary. Megan seems to enjoy the challenge of reading and it makes her feel grown-up and superior to her younger sibling, since he is too young to read. She is always trying to teach him what she did in class that day, by reenacting the lesson plan of the class. In doing so, she unintentionally reviews and reinforces the material in her own head, helping her to obtain a better grasp on it. Megan acts very old for her age and is always trying to do adult like things; her new favorite hobby is to talk on the phone to her classmates. She is very friendship orientated and labels everyone as her best friend; many girls at school that come over to play, and she also uses it when describing peers in conversation. She appears to very friendly to all children she comes in contact with. Megan is a very active child and has many structured events during the week aside from her normal daily schooling. Every Monday night she has gymnastics class right after school, and on Wednesdays and Saturdays she plays soccer during the fall. During the spring she plays softball instead of soccer. While Megan enjoys her soccer games she is very sensitive to the failure of her team and overcritical of herself when reevaluating the game. She expects an almost perfection like standard for herself in all areas of her life and some times is easily defeated if she does not meet her desired expectations. This seems to steam from her parents disciplinary system of, rewarding her successes, yet; they are very sympathetic and understanding of her failures also and do not scold her or punish her for them. Her parents are not over critical, or over bearing of her, they only have normal expectations for their children. My prediction is that she will resolve this over-criticalness with time; she is just not use to failure because she has not had to deal with it much in her short life span. .u5ae1729c071c46edb5d3774c87188262 , .u5ae1729c071c46edb5d3774c87188262 .postImageUrl , .u5ae1729c071c46edb5d3774c87188262 .centered-text-area { min-height: 80px; position: relative; } .u5ae1729c071c46edb5d3774c87188262 , .u5ae1729c071c46edb5d3774c87188262:hover , .u5ae1729c071c46edb5d3774c87188262:visited , .u5ae1729c071c46edb5d3774c87188262:active { border:0!important; } .u5ae1729c071c46edb5d3774c87188262 .clearfix:after { content: ""; display: table; clear: both; } .u5ae1729c071c46edb5d3774c87188262 { 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; } .u5ae1729c071c46edb5d3774c87188262:active , .u5ae1729c071c46edb5d3774c87188262:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u5ae1729c071c46edb5d3774c87188262 .centered-text-area { width: 100%; position: relative ; } .u5ae1729c071c46edb5d3774c87188262 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u5ae1729c071c46edb5d3774c87188262 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u5ae1729c071c46edb5d3774c87188262 .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; } .u5ae1729c071c46edb5d3774c87188262:hover .ctaButton { background-color: #34495E!important; } .u5ae1729c071c46edb5d3774c87188262 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u5ae1729c071c46edb5d3774c87188262 .u5ae1729c071c46edb5d3774c87188262-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u5ae1729c071c46edb5d3774c87188262:after { content: ""; display: block; clear: both; } READ: Cultural Conservation Essay According to Eriksons theory of psychosocial crisis, Megan is progressing adequately toward the direction of industry. She strives very hard to accomplish goals and tasks that are assigned to her. When given a 25-piece puzzle she tediously works on it until it is completed. Megan often chooses to do cognitive things, such as: puzzles, coloring book pages, building blocks, and board or card games, in her spare time. Megan receives a lot of positive reinforcement from her parents when she successful completes a task at school or in her extra curricular actives, which enforces her to .

Analysis of ancient sculptures

Analysis of ancient sculptures The large kneeling statue of Hatshepsut The large kneeling statue of Hatshepsut is a Granite model of the goddess Hatshepsut. Hatsehpsut was the goddess of justice and order which is represented by the balancing weights on each of her hands. There is a kilt on her head which was mainly worn by male pharaohs. Hatshepsut was the first Egyptian female pharaoh, so in order to give it a solid presence the creators of the statue put a beard on it, just like the one that is on all statues of male pharaohs. Advertising We will write a custom essay sample on Analysis of ancient sculptures specifically for you for only $16.05 $11/page Learn More A critical look at the statue’s face reveals a lack of any emotions. The majestic design of the statue is typical of artworks of the time which depicted the subject candidates as powerful individuals. The statue by its sheer size allows one to appreciate the power and greatness that was associated with the pharaoh. Fin esse of the statue even in its current run-down state can still be appreciated by means of the committed craftsmanship that was applied into the piece. The piece matches my standards of beauty because it is a combination of both realistic and surrealistic ideas. Some elements, for instance, the beard, bear a hidden message making the statue both an aesthetically-appealing and educative piece. Terracotta hydria (water jar) The Terracotta hydria is a black water jar embellished with an image of the prince Triptolemos as he delivers wheat to mankind on his winged chariot. The prince had been reputed to have received agricultural secrets from the goddess and the piece is one of numerous that depicted the youth travelling around Greece spreading his knowledge. The container presents some form of artistic inspiration in its design. However, the golden painting makes it even more interesting to look at the art. The artist who painted the image of the prince on the pot intended to present it vividly to the target audience and he clearly presented it in his work. The winged chariot is a symbolic indicator of how effective the prince was in spreading his agricultural knowledge, while the huge ears of wheat on his hands represent the big harvests made. Like any great art piece, the painting leaves one with unanswered questions allowing him/her to expand his imagination. Advertising Looking for essay on architecture? Let's see if we can help you! Get your first paper with 15% OFF Learn More For instance, I cannot understand why the prince would dress so elegantly on the painting but would have no shoes on his feet. I also would like to know how he controlled the chariot because there are no apparent control levers. The terracotta Kylix: siana cup (drinking cup) The Terracotta Kylix: siana cup is a drinking cup with an inscription of a mythological narrative depicting Achilles chasing a man riding a horse while pulling another (horse) on the side . Running on the side of the horsemen is a hare and a bird, strategically put there to emphasize the speed at which Achilles was running. The artwork blends well with the sculptural techniques of the ancient Greece, which mainly dwelled on mythical heroes, who dedicated their time to protecting the kingdom. The cup would have been like any other ceramic cup had the painting not been impressed on it. The paintwork makes it interesting to look at and also provides a chance for individuals to learn something from ancient Greece. Because of the seemingly long amount of time taken to emboss the image on the cup, it is almost obvious that very few of the kind were made. This is among the items that would only be affordable to a select class had it been created in modern days. The marble statue of a Kouros (youth) The statue of a Kouros (male youth), depicts a naked boy striding forward with hands dropped on the sides. In ancient Greece, such sculptures were used to mark graves. The stri de has been put there to give the sculpture balance, which would not have been the case had the character been presented standing straight. This fits well with the other sculptures of the time, which unlike those from Egypt, were completely life-like. In all the pieces that have been analyzed in this exercise, the marble statue of a Kouros wins my vote for both perfection and creativity because the sculptor(s) who worked on the Kouros placed emphasis on finesse in order to end up with a piece that anyone could stop and take time to study. However, unlike pieces such as the kneeling statue of Hatshepsut, the Kouros does not appear to have any representational purpose and was most likely used for decorative purposes. Having been carved from one block of granite, the compactness of the piece tells that the sculptors were very keen on accuracy. However, given a choice, I would not prefer to have this piece in my house since with time, nudity has come to be given some form of sanctity and I am sure my parents and other people of their generation would not appreciate it as art were they to find it in my house.Advertising We will write a custom essay sample on Analysis of ancient sculptures specifically for you for only $16.05 $11/page Learn More

4 Huge Mistakes Job Seekers Make

4 Huge Mistakes Job Seekers Make No matter how careful and well prepared you are, mistakes are bound to happen during the job search process. Maybe you practiced a spiel for the wrong job and got your interviews mixed up, or you took the time or date down wrong, or you found an error on your resume. Whether it was a monumental or a minuscule screw-up, there are ways to recover. Here are four of the biggest and most common mistakes job seekers make and how to survive having made them.Wrong resumeYou’re applying to so many different positions and, rightly, you’ve carefully tailored your resume to each. Trouble is, now you have 20-some-odd resumes on your laptop and you sent the wrong one to this particular recruiter.If the one you submitted is only slightly different from the one you wanted to send, then it’s best to let it go. But if you submitted your Corporate Giving resume for a Marketing or Communications position, then it’s time to draft an email ASAP, kindly asking the recruiter to r eplace the resume in your file with the updated one attached. Nine times out of ten, they’ll do it and no one will be the wiser.When in doubt, bring multiple hard copies of the correct resume to your interview and make sure to give it to everyone with a simple, â€Å"here’s a hard copy of my most up-to-date resume.† No other explanations needed unless they ask. And if they do, focus on the material in the resume, not the fact that the first one you sent wasn’t perfectly spot on.Appointment chaosThis happens to everyone at some point in their lives- and almost always with something important like an interview. You’ve got a lot to keep track of during a job search- multiple positions at multiple companies, multiple resumes, and hopefully multiple interviews. If you messed up and got the time or date wrong, here’s what you do: immediately reach out to the hiring manager, state your mistake (without drama), express your sincere regrets for the m ix-up, and pivot immediately to offering to reschedule at their earliest convenience (then take whatever time they give you). You can follow this email or phone apology with a handwritten note for an extra touch. With any luck, they’ll see you as proactive, humble, and responsible, even with your mistake.LatenessBest avoided, obviously. But sometimes, even when you’ve left ample time, you’ll end up facing unforeseen circumstances out of your control, and you’ll end up late. The best strategy here is to reach out to the recruiter before you’re late, i.e. as soon as you realize you might not make it bang on time. Explain whatever situation you’re in- huge accident and traffic, broken down subway, etc. Don’t waste any breath on excuses, just state what’s happening, give them a heads up, offer preemptively to reschedule if their schedules are too tight to accommodate the delay.Even if it isn’t your fault, apologize for the t ardiness, then put the ball in their court. Most of the time  if you’ve projected calm and control in a time of crisis and have behaved responsibly under the circumstances, you’ll be fine. Remember to take a deep breath rather than run into the interview in a flustered, blind panic. Keep your head.Fumbling a questionAs soon as the answer to an interviewer’s question is out of your mouth, you realize your error. You’ve rehearsed the perfect answer to this question- or you haven’t, but you know you’re flubbing it- and you hear yourself saying something all wrong. Stop. Pivot. Say, â€Å"Sorry, let me rephrase that.† Or â€Å"Actually, let me say that again in a different way.† Your interviewer might not even notice the stumble. And you won’t have to walk out of the interview regretting your answer.Bottom line: no matter what mistake you made, recovery is possible in most cases. Just keep your cool, remain professional, a nd focus on the task at hand.4 Major Interview Mistakes (and How to Recover)

Enterprise Process Management Essay Example | Topics and Well Written Essays - 2000 words

Enterprise Process Management - Essay Example As the corporate world shifts to a complete cooperative model and competitors elevate their abilities to stay competitive, organisations must enhance their individual business practices and processes. Organisations also must share critical information to the major dealers, providers and customers. Furthermore, organisations must advance their abilities to create and communicate suitable and precise information. To accomplish these objectives, organisations are progressively revolving to enterprise process reengineering methodology (Umble & et. al., 2003). Based on this aspect, the report provides information about Critical Success Factors (CSFs) for effective enterprise process reengineering (EPR) particularly in automobile segment. Furthermore, the report also provides recommendations to the Chief Executive and Board of Directors of Ford Motor Company regarding accomplishment of those CSFs. The Concept of EPR EPR is defined as a necessary reconsideration and thorough reformation of business processes with a view to attain remarkable improvement such as minimisation of costs, enhancement of quality and service and increased speed, which are currently considered to be essential constituents to enhance the organisational performance. EPR is regarded as modality of accomplishing new radical procedure or organisational transformation in order to better satisfy the clients’ requirements. EPR helps to redesign the business and production procedure with a view to eradicate such functions that do not add value. The key features of EPR include the aspects that: It focuses on fundamental issues of organisation, rather than organisational departments It focuses more on process and less on people and organisational structures It attempts to go to the core of organisational process in order to make apparent changes by removing outdated activities and discovering new means of carrying out different activities It creates strong connection with IT (Sabau, 2005) EPR in A utomobile Segment Presently, automobile manufacturing organisations are confronting essential changes to their businesses with the appearance of new technologies and relocation of international supply chains. Besides, rapid improvement of IT and transportation system also have allowed the synthesis of local and national markets into an international one. Unpredictability and changeability in both, internal as well as external business environment is also experienced by several automobile organisations. Hence, in order to sustain, automobile organisations necessitate receptiveness and flexibility in the accomplishment of business and operational process. For customer orientation, turning ideas into final products has increasingly become an important component for gaining competitiveness in automobile segment. Only quality, technical complexity and price attractiveness are not sufficient for gaining success in today’s market. The products must be capable to fulfil the customer demands. Due to these reasons, automobile organisations are directed to incorporate every aspect of business functions ranging from customers to suppliers in the product life cycle phase. Furthermore, information and knowledge are

Assignment 2 Essay Example | Topics and Well Written Essays - 2500 words

Assignment 2 - Essay Example The strategic human resource management (SHRM) is not bounded or guided by some definite of rules. Rather the whole idea is to develop a human resource development model that is dynamic in nature. That can be changed and recalibrated according to the need and wants of the current business situation. The present research topic details the problems and challenges faced by the human resource development and the strategies that can be adapted to overcome such challenges. 2.0 Identification and explanation of the main Human Resource challenges facing any organisation The number of challenges an organisation has to face depends on the size of the organization since size matters more than the effects of the internal and external interferences. As the size of the organization increases, the number of challenges and problems also increases (Boxall, 1982). ... So instead only few challenges and problems are discussed which are important in the present context. 2.1 Problems is fixing compensation Compensation planning is one of the problematic areas. The reasons associated with compensation problem are one and many. The managers are sometimes not able to understand the best way to measure the efficiency of the employees. Due to the wrong choice or methodology to measure the employee efficiency, the managers at times have trouble to understand, the exact compensation level which correlates with the level of efficiency (Guest, 1999). This is the one of the most acute problem in the compensation management area. The managers do not revise the methodology to check the level of efficiency of the employee for long period of times. So even after there is significant improvement in the employee performance and efficiency, the managers still tend to follow the unrevised version to measure the employee efficiency. So the compensation fixed does not c orrelate with the employee efficiency. The managers are sometimes unable to understand the factors that motivate the employees. The different level of employee working in the organisation may not have the same kind of motivational factors. The management sometimes tend to follow a general guideline, which considers that all most all employees have the same motivational factors. For example the employees at the bottom level are motivated by material benefits more than the employees at the higher level (Hyman, 1987). For employees at the higher level, the recognition and the power allotted and the status granted matter the most. During the budget preparations the managers forget to factor in the fact that the current

Ghosts in Henry James Turn of the Screw Essay -- Henry James Turn Scre

The Turn of the Screw:   Ghosts  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Lawrence Kramer poses some interesting ideas about Henry James’ The Turn of the Screw mainly by discussing the ghosts in the story. He refers to the ghosts as revenants; â€Å"a specter, a ghost, a phantom, one who haunts, who returns, who walks again.† First, he implies that these revenants can only work when a person believes they exist. There must be something that makes a former person want to return to the living world from a state of death. However, this longing by the former person is not enough to make it a worthy revenant. Someone in the living world must believe that the revenant is actually there. Because of the feelings of â€Å"dread† and â€Å"desire† a revenant creates when it appears, most people find it difficult to disbelieve in this apparition. Therefore, it is fairly easyfor a revenant to work. This is critical to the story because in order for the revenants of Quint and Miss Jessel to work, the governess must believe that they exist. Because of the governess’ belief, the revenants can wo... Ghosts in Henry James Turn of the Screw Essay -- Henry James Turn Scre The Turn of the Screw:   Ghosts  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Lawrence Kramer poses some interesting ideas about Henry James’ The Turn of the Screw mainly by discussing the ghosts in the story. He refers to the ghosts as revenants; â€Å"a specter, a ghost, a phantom, one who haunts, who returns, who walks again.† First, he implies that these revenants can only work when a person believes they exist. There must be something that makes a former person want to return to the living world from a state of death. However, this longing by the former person is not enough to make it a worthy revenant. Someone in the living world must believe that the revenant is actually there. Because of the feelings of â€Å"dread† and â€Å"desire† a revenant creates when it appears, most people find it difficult to disbelieve in this apparition. Therefore, it is fairly easyfor a revenant to work. This is critical to the story because in order for the revenants of Quint and Miss Jessel to work, the governess must believe that they exist. Because of the governess’ belief, the revenants can wo...

Exhibition Essay

Introduction â€Å"A good exhibition programme will sell itself. The money spent on marketing would be better spent on the exhibition themselves† In the business environment, there is a lot of competition that every business faces in its day to day operations. This means that if a business cannot keep up with the competition or beat its competitors then there is a high likelihood of it collapsing, something that will highly cost the investors. Therefore, every business must ensure that it is able to meet its main objective which in many cases is to make and maximize profits through high sales. To achieve higher or increased sales, business investors can apply various strategies of winning customers and overcoming the stiff competition in the business environment. For a business to be able to accomplish higher or increase in sales and obtain more customers who will in turn result into higher profits for the business, the investors can apply marketing strategy as a form of making their products known to customers which is may be a bit costly t the business since it will have to incur various expenses. On the other hand, a business can opt for exhibition as a form of selling its products to its customers. Exhibition can simply be defined as a presentation and a display of various items that have been selected to attract customers and induce sales. Exhibition Programme as a Marketing tool An exhibition program is the strategy put in place by a business of presenting and displaying a selection of various products of a business for customers to purchase and to attract new customers. Having a good exhibition programme in a business will sell itself to customers and will help increase the sales of the business. This means that the money used by investors in areas such as marketing strategies can be spent on exhibition so that the business can achieve more sales and hence more profits for the business. Exhibitions also know as trade fairs, expos or even trade shows can help achieve various results for a business as will be discussed here. In many occasions, the exhibitions are in most cases organized by various interested parties so that various organizations in a certain specific industry or who have a specific interest can showcase and give a demonstration of the various latest products, study activities, and even services of competitors and also to have a look at the current trends in the business industry and the opportunities that may be available for the business to venture in. There are some exhibitions which are always open to the public while there are others which can only be attended by various company representatives who are members of that trade and also the members of the press for coverage of the exhibition (Siskind, 2005). Through the years exhibitions have been identified as one of the most effective and efficient tool that is powerful and effective for doing business. An exhibition involves the business investors being able to meet the customers face-to-face and hence create a great target opportunity for the business to achieve the various trade objectives that it has. Exhibitions are known to be one of the most cost effective for of reaching out to the customers since the business investor is able to reach the customers at one time and in one place that does not involve moving the location. Therefore, it is notable that exhibitions have various advantages for a business if a good exhibition programme is created and implemented by the business investor (TileagÄÆ', & Cosmescu, 2012). Advantages of Exhibition Exhibition as a means of trade for a business has various advantages to any form of business if created and implemented in a good way as compared to marketing strategies. Discussed below are the advantages that a business will derive from a good exhibition programme implemented by an investor: Customer contact In exhibitions, the business investors have the opportunity of meeting the customers face-to-face in one time and in one place. This means that the trade shows or exhibition provides a very excellent and conducive environment for the business investors to initiate contacts with customers who are new to the business. This helps the business investor to be able to develop new trade leads for the products of the business since the investor is able to answer any questions that the new customers may have concerning the products that the business is offering (Ausstellungs- und Messe-Ausschuss der Deutschen Wirtschaft, 2010). The business has the first hand opportunity of giving detailed information to the new customers about their products that are under exhibition and in turn this will help in creating a new customer base for the business. In addition to the new customers whom the business investor has the opportunity to win over for the business and creating new customer base, the business investor is also able to renew its old contacts with the valued clients of the company or business firm. There are times when businesses lose their old clients due to various reasons. Through a good exhibition programme, the business investor is bale to renew the lost contacts with its previous customers and also to inform the old customers of the new products that the company may be offering in addition to the improvements that the business has made on the previous products that it was offering (Frain, 1999). Opportunity to create an Image for the Business Through exhibitions, the business investor is able to meet new and old customers some of who may not e familiar with the business. The contact that the business investor has with the customers offers an opportunity for the investor to create and improve the image of the business towards the customers. Customers who had a bad perception about the business will be able to have firsthand experience of knowing more about the business and the products of the investors and get clear understanding of how the business operates and what products the company is offering to its clients (Johnston, & Beaton, 1998). This means that, not only will the company be able to win ore customers but it will be able to give firsthand information to the customers which will help in improving the image of the business. A good image for the business means that customers will want to associate with the business; hence those customers who visit the exhibition will also inform other people about the business. This will act as a way of advertising the business through word of mouth from those customers who had the firsthand experience with the business at the exhibition. Therefore, it is quite notable that exhibitions not only bring new business contacts but also helps to strengthen and maybe restore the image of the business which is important for every business to succeed. Product and service launch platforms Many businesses always face the challenge of launching their products and services to the market. Launching of a new product or service by a company can be very challenging to any business and can also be costly in terms of advertisements as a form of marketing for the new products and services. Many platforms that business investors can use to launch their new products or services are always costly and at times may not be effective in reaching out to as many customers as possible. To overcome this challenge that is involved in the launching of new products or services to the market by business investors, exhibitions offer a much better platform for the business investor to launch their products or services. Exhibitions in many cases involve live presentations and various demonstrations of the products or services of the company to the customers. This means that the products or the services are able to â€Å"speak† for themselves and influence the customers to make purchases or even obtain the services even if they were not prepared to do so in the first place. When customers are able to see for themselves the use of a product or the importance of a product at first hand, they tend to have the urge to try out the product or service so that they can find out if whatever they saw during the live presentations and demonstrations are actually the results that they can obtain from using the particular product or service which has been launched into the market. This means that the process of selling the new products or services is accelerated (Frain, 1999). When the customers are influenced to purchase the new products or services that have been launched at the exhibition trough live presentations and demonstrations, the sales of the products or services are likely to increase, and this will mean that new sales will be generated for the company at a quicker rate than through marketing. Launching of a new product or service through live presentations or demonstrations at the exhibitions means that the company will not incur a lot of costs that are always involved in the launching of new products or services (Johnston, & Beaton, 1998). Marketing communications In the exhibitions or trade fairs, there is always a lot of focus that is always put on the company and the products r services that the company is offering. Many exhibitions involve the media and hence the attention of the media is always on the company and the products or services of the company. This means that the business investor has an opportunity of focusing his/her public relations efforts on raising the profile of the company and that of the products or services of the company. This will also help in improving the image of the company. Since the focus of the media attention is on the company and the products or the services that the company s offering, there is an opportunity for the company to advertise itself without incurring any extra cost on advertisement of the company’s products or services.   The exhibition offers a platform for improvement of the company’s public relations since the company comes into closer contact with the public than it could do through areas such as advertisements. This will also help in improving the image of the company and the image of the products of the company by building trust and good relations with the customers who have visited the exhibition. Therefore, exhibitions will not only help in developing great public relations, building company’s image but also will help in opening new markets for the company (Frain, 1999). A high return/expense ratio Every business investor has one aim in business which they strive to accomplish through every operation that the business undertakes. The main objective for any business investor in a business environment is to make and maximize profits. For the business to obtain profits it must incur costs that are involved in the running of the business. Costs in business may be in form of advertisements, production and any other operational costs for the company. Higher profits and maximization of profits can only be achieved by a business if the business ensures that the costs that it incurs are less and do not exceed their sales. To achieve this, a company must ensure that it employs strategies that will help in minimizing costs involved in its operation while at the same time maximizing its sales for higher profits. The returns must always be higher while the expenses must always be lower in any successful business. This means that a business must always be able to obtain high returns from its sales when compared to the expense that the business has incurred in its operations. Exhibitions help businesses in achieving this objective of higher returns compared to the expenses incurred. The expenses that a business will incur in its operations when conducting exhibitions is less when compared to other forms of marketing such as advertisements. Exhibitions also create an opportunity for higher sales for the business since the company is able to attract more customers through close customer contact, live presentations and demonstrations. Since exhibitions are conducted in one time and in one place, any costs involved such as transportation costs are minimised, customers are able to find the products of the company in one place without having to move from one place to another (Johnston, & Beaton, 1998). This means that exhibitions have a higher return/expense ratio, something which every business always strive to achieve. The higher return/expense ratio is as a result of the following reasons: Many customers or attendees who come to the exhibitions always arrive with a particular agenda or a need which they seek to accomplish at the exhibition. This means that the customers who arrive at the exhibition will not cause the business to incur more expenses in attracting the customers except for what has already been incurred to prepare for the exhibition. In the exhibitions, the business investors do not require to make any sales calls to close the deals with the customers since most of the people who attend have their agenda already set. This means that the business will not incur any extra cost involved n making sales calls since the live presentations and the demonstrations of the company’s products or service are enough to lead the customers to purchase the products or services of the company. Compared to product or services sales calls which are quite costly, the exhibition leads do not require a lot of expense to accomplish or close a deal. Field sales require sales calls to be made by the company but in the exhibitions on the demonstrations and live presentations are enough. This means that exhibitions are much cheaper in helping the business to achieve its main objective of maximizing profits and minimizing expense hence higher returns/expense ratio which is good for the business. Exhibition provides an avenue for the exchange of information between the exhibition attendees and the companies that are displaying their products or services at the exhibition. At the exhibition, the business investor has the opportunity to pass information to the customers about the products or services that the company is offering since the investor comes into face-to-face contact with the new and old customers. These customers will in turn act as a tool of advertising the products and services of the company to those other potential customers who never went to the exhibition. The customers help in advertising the company’s products and services through word of mouth. This helps the company to reach more potential customers without incurring extra costs of advertisement. Therefore, exhibitions help the company to achieve higher return/expense ratio which will in turn mean the company will be able to maximize profits (Frain, 1999). Business-to-Business trading Exhibitions also play an important role in a business if a good exhibition programme is created and implemented by a business. Through exhibition, a company is able to meet with other business investors. This will enable the business to exchange business ideas and information which might be helpful to the running of the business. Exhibitions help the investor to identify and establish new joint ventures and projects by other business investors which may result in partnership hence helping to expand the business. This is because, at the exhibitions, the business investor may meet other business investors who share the same business ideas and beliefs which then could translate into new ventures for the business (Ellis, 2010). New Recruitment There are some many people who attend exhibitions some of who are potential business agents, distributors or even employees for the business. Through the opportunity of face-to-face interaction between the business investor and the exhibition attendees, the business investor has the opportunity of identifying and recruiting new business agents, distributors and even staffs for the business. The business investor does not incur any extra cost in this activity since they are able to meet the potential agents, distributors and even staffs face-to-face without having to locate them. This also helps in saving time in terms of searching for new agents, distributors or even employees (Ellis, 2010). Easy Market Research and Information Gathering When a business investor involves in exhibitions, they have the opportunity of meeting the customers face-to-face. The business investor through live presentations and demonstrations of the products or services of the company is able to obtain an immediate feedback from the new customers or the old customers on the various products or services that the company offers. This can be done through free samples and the live presentations and demonstrations. Since there is face-to-face contact, the customers are able to provide an immediate feedback about the product or the service (Morley, & Lees, 2009). The company can use these feedbacks to improve on its products or services or simply to maintain the quality depending on the feedback they obtain. The company does not have to wait for too long to obtain customer feedback. The feedback obtained by the company at an exhibition can be used immediately by the company to help it achieve more results for its products or services. In addition, through the feedback the company is able to obtain at an exhibition, the company is able to understand the needs of the customers and in turn react immediately to those needs than the competitors in the same market (Huang, & Lund, 2009). Focusing on the needs of the customers is crucial to a business and also helps the business to overcome competition and hence immediate feedback through the interaction at the exhibition, helps the business to keep its focus on the actual needs of the customers. The exhibitions also helps in understanding the strengths and weakness of the competitors since the research results and feedback obtained during the exhibition, can help the business in knowing what areas of business it can improve on to fight off competition. Exhibition helps the business to understand how competitors react to the needs of customers and also to learn the various changes that are taking place within the industry of the business. Research and immediate customer feedback obtained by the company during the exhibition helps the company to stay ahead of the competitors through product or services advancement and the use of new technology. The graph below illustrates the effectiveness of various channels of marketing in the exchange and gathering of information in any business environment: From the Figure 1 above, it can be noted that exhibitions and Personal sales share the same percentage in terms of exchange and gathering of information for the business when engaging customers and other potential business partners. This is due to the reason that, under exhibitions and personal sales, there is close contact with the customer hence the higher chances of getting information in an easy and quicker way. Convenience Marketing requires large sums of money to conduct in a business. This means that the business will not be able to achieve higher profits. On the other hand, in an exhibition, the business needs only to hire a stand where it will display its products and services. This is quite a convenience for the company since the company will not have to spend a lot of money while at the same time the impact of the exhibition will be greater than that experienced with marketing such as advertisement. For those business investors who are not sure of the amount of return on investment they will achieve when first attending an exhibition, this is a very convenient way o introduce products or services to the public at a cheaper cost (Solberg, 2013). Flexibility Every business seeks a way of undertaking its operations while at the same time having the opportunity to change whenever necessary and still achieve its main objective of higher profits. Exhibitions offer an opportunity to be flexible since the business investor has the ability and freedom to customize his/her exhibits for each exhibition that they have to attend. This means that the business investor has the opportunity to experiment on matters such as size and also has the opportunity to configure their exhibits to see and find out what works best for the schedule of exhibitions that the company has to attend in its quest to make profits and expand its markets. Cost effectiveness Exhibitions are quite cost effective to any business especially through the hiring of the exhibition stand. It is also cost effective since exhibitions provide extra options whereby, the business investor is able to stretch the budget for the exhibition to include many other new options that the business investor may not have been able to afford. These may include issues such as dramatic lighting, brochure racks, furniture and even extra large formatted graphics among others which can be added to create a greater impact for the business exhibition at no extra cost hence making exhibitions a lot cheaper than marketing strategies such as advertisement (Raluca, & Cristina, 2008). The graph below helps to demonstrate the effectiveness of exhibition as a method of promoting the products or services of a company when compared to the other channels or strategies such as direct marketing, Print advertising, Public relations, and the internet: From the Figure 2 above, Series 1 represents the Benefits of Products and Services when the various strategies are applied by a business in selling of its products and services. The above Figure 2 demonstrates that a good exhibition programme is quite effective in helping the business to benefit from its products and services since it is able to realize more sales when compared to the other channels of product or service marketing. Series 2 in Figure 1 above represents the impact of the various channels on the building of public relationships with the customers and other potential customers or business partners. From the graph, it can be noted that exhibitions gives a higher percentage when it comes to issue of building public relationship with the customers and potential business partners. This is due to the reason that, under exhibition, the business investor is in close contact with the customers and the potential business partners hence a greater advantage in building public relationship that is stronger (Solberg, 2013). The internet is the poor performer in terms of benefits of the products and services of the company since some aspects such as customer contact is not available. Therefore, it can be said that exhibition, as a mode of product and services marketing has a greater impact in terms of achieving the main objective of every business of maximizing profits and also creating and maintaining great public relationship with customers and the potential investors. The other advantage that is derived from exhibitions is that the business investor has the opportunity to observe and evaluate the products of the competitors of the business. This will enable the business investor to know the strengths and weaknesses of the competitors in terms of the products that they are offering to the customers. Knowing the products or services that the competitors of the business are offering gives the business an added advantage since the investor is able to know what changes to make on their product or services so that they are superior to the products of the competitors (Mei-Chin, & Sui-Ming, 2013). Having superior products or services to those of the competitors will mean that the business is capable of overcoming the competition in the market. Problems Associated with Exhibitions Even though exhibitions may be the best form of business promotion for products and services, there are various challenges or problems that business investors will be faced with in the process of participating in exhibitions or trade shows. Some of those problems are such as increase in costs of construction and exhibits, personnel travelling, boarding and lodging fees which add to the cost of conducting the exhibitions (Honess, 1997). In addition, the choice of which exhibitions to participate in, how much to be spent on every exhibition, and ways of building exhibits that will be attractive to customers are some of the other challenges that are faced by business investors who engage in business exhibitions to sell and promote their products and services. Ways of overcoming challenges involved in Exhibitions There are some considerations and issues that a business investor will need to put in mind so that they can engage in a successful exhibition. In addition, to achieve the above advantages for the business through exhibitions, business investors need to plan and create an exhibition programme that is good and capable of achieving the above advantages and bring high returns for the business (White, 2013). The following are some of the considerations and objectives that a business investor will need to set when engaging in exhibition as a form of promoting the products or services of the company to achieve maximum results: Overall purpose of participation Every business encounter such as involvement and participation in exhibitions requires that a business investor must have an objective they want to achieve through the exhibition. There must be a goal to be accomplished at the end of the exhibition and without setting out the objective or purpose of participation, then success in an exhibition will not be achieved ( Thomas, 1995). Creating actual Sales Business investors who participate in exhibitions must ensure that there are actual sales made during the exhibition. This should be the main objective of participating in an exhibition since more sales translates into more profits for the business. There is no business that wants to incur costs and realize no sales. Therefore, the exhibition must help to realize actual sales for the business for it to be considered successful and beneficial. Identifying potential customers For a successful exhibition, a business investor must have an objective of identifying and obtaining potential new customers for the business and improving on the relations with the older customers. This ensures the business of an added market and creating a new market for the products and services of the company. In addition, the business investor must be able to obtain sales leads for the business. This will enable the business to make sales without making sales calls which are costly. Gathering Competitive Intelligence For a successful exhibition, the business investor must ensure that they are able to obtain competitive intelligence that will give them an added advantage over the competitors. Every business investor who attends an exhibition must be able to information that is relevant for the business and which can help the business to better its performance and achieve higher profits (Havaldar, 2005). Target audience to be reached There are different types of people who attend the exhibitions. For success of the business in an exhibition and to be able o achieve maximum results from the exhibition, the business investor must be able the audience that they want to reach out to with their products and services. Identifying the suitable and targeted audience makes it easy for the business investor to sell their products and services to the targeted market since the products and services will have been made to suit that particular targeted audience. Therefore, based on the various specific objectives that a business investor has laid down for the business, he/she is able to make a decision on which exhibitions to attend that will bring maximum results for the business and at a cheaper cost (Thomas, 1995). Conclusion There are many forms of business promotion that an investor or companies can apply to promote their products or service and achieve results. Businesses have a main aim and objective of maximizing profits at the lowest costs possible. Some of the methods of product or service promotion are costly and the results achieved may not be impressive. Therefore, compared to the other forms of business product or service promotion, exhibition comes out as one of the most effective tool of marketing products or services of a company. Exhibitions provide a cheaper avenue of promoting a business while at the same time availing so many opportunities to the business which are useful in helping the business to achieve maximum profits. Therefore, exhibition can be said to be one of the most effective form of product or services promotion for any business due to the various advantages that the business can achieve at lower costs. References Ausstellungs- und Messe-Ausschuss der Deutschen Wirtschaft. (2010). Exhibition Market   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Latin America 2011/2012: Trade Shows in Latin America: New Opportunities for   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   International Exhibitors. Stuttgart: local global GmbH. Ellis, N. (2010). Business-to-business marketing: Relationships, networks and strategies. Oxford: Oxford University Press. Frain, J. (1999). Introduction to marketing. London: International Thomson Business. Havaldar, K. K. (2005). Industrial marketing: Text and cases. New Delhi: Tata McGraw-Hill. Honess, S. (1997). Marketing for construction firms. London: Thomas Telford. Huang, B., & Lund, D. W. (2009). Influence of the Yiwu Fair on the development of business travel and the local economy. Global Business & Organizational Excellence, 28(6),   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   53-63. Johnston, S., & Beaton, H. (1998). Foundations of international marketing. London:   Ã‚  Ã‚  Ã‚  Ã‚   International Thomson Business. Mei-Chin, C., & Sui-Ming, C. (2013). Effective Marketing Strategies to Attract Business   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Visitors at Trade Shows. International Journal Of Business & Management, 8(24),   Ã‚   64-72. doi:10.5539/ijbm.v8n24p64 Morley, J., & Lees, S. (2009). The brighter marketing bible: For small businesses. England?:   Ã‚  Ã‚  Ã‚   Lean Marketing Press. Raluca, C., & Cristina, D. (2008). Measuring The Efficiency Of The Prospecting Activity.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Annals Of The University Of Oradea, Economic Science Series, 17(4), 796-801. Siskind, B. (2005). Powerful exhibit marketing: The complete guide to successful trade   Ã‚   shows, conferences and consumer shows. Mississauga, Ont: J. Wiley & Sons Canada. Solberg, S. K. (2013). Exhibit marketing and trade show intelligence: Successful boothmanship and booth design. Berlin: Springer. Thomas, M. J. (1995). Gower handbook of marketing. Aldershot, Hampshire, England:    Gower. TileagÄÆ', C., & Cosmescu, I. (2012). Realities And Perspectives Of Business Tourism On A   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Global Scale. Annals Of The University Of Oradea,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Economic Science Series, 21(1),   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   432-438. White, D. (2013). Get set for your first exhibition. Fmcg, 19(2), 49.

Eight Unique Features of E-Commerce Technology - 2243 Words

Introduction Giosis Gmarket International is a consumer to consumer type of E-commerce whereby consumer can sell products directly to another consumer by a market creator creating a marketspace. â€Å"Consumer to Consumer (C2C) e-commerce provide a way for consumers to sell to each other with the help of an online market maker† (Laudon and Traver, 2010) The online market maker such as Gmarket will provide catalogue, search engine and transaction capabilities for user to place their products and services on auction or sales. Giosis Gmarket International is a joint venture company with eBay which provides an innovative ecommerce platform for both buyers and sellers. Gmarket attracts sellers from all over the world that offer different products†¦show more content†¦As mention earlier, with such feature and technology available it greatly reduced the transaction cost between merchants and buyers and reduces the buying process. In figure 7 show the screenshot of Gmarket provide such interactivity for sellers and buyers. Under my inquiry column after buyers had login into Gmarket account, buyers can post questions to sellers on regards to the shipping status, products enquires to clarify their doubts. Buyers could also feedback on the goods they receive such as quality, sizes, damages on the to the seller. An email will be send by Gmarket to the buyers to notify the buyers that the sellers had answered the buyers questions or doubts about their products and services. Figure 7 Information Density Information density refers to â€Å"the total amount and quality of information available to all market participants, consumers and merchants.† (Luadon and Traver, 2010) That is, with the aid for internet technology, users are well equip with the freshest information make available for them. For instant, we can get the latest news around the world from CNN website, Facebook the latest update of friends status as well as the stock prices or currency rates from the banks website in real time basis. Likewise for business, cost and price had become transparent to merchants and consumers. â€Å"Price transparency refers to the ease with which consumers can find out the variety ofShow MoreRelatedAdvantages Of Prothom Alo And The Daily Star846 Words   |  4 Pagesmobile and video ads..sky scraper ovation AD.deliver video, audio, animation, billboards, signs and etc. However, its about as solid as television technology. Interactivity-- prothom alo the daily star gives Digital consultancy, they provide support and counsel to build up your digital capaing.Twentieth Century electronic commerce business technology is called interactive, so they allow for two-way communication between businesses and consumers. Information Density- prothom alo the daily star canRead MoreWhy E Commerce Is Important For The Business1284 Words   |  6 Pagesmakes unique, handcrafted, functional pottery items. Now the business is growing and the company started to use a process called ‘Slip casting’. Now they can produce up to 100 items per day. The equipment are really expensive. The items are sold at good price and they also have small number of customers around the world. So as a growing company, marketing is really an important factor for the business and in today’s world E-commerce is the best option to adopt for the marketing. Why E-commerce is reallyRead MoreWalmart, Amazon, and Ebay: Who Will Dominate Internet Retailing?1929 Words   |  8 Pages1a  Name and describe four business trends shaping e-commerce today. There are many different business trends shaping e-commerce today. For one, ecommerce remains the fastest growing form of commerce when compared to physical retain store, services, and entertainment. Another trend is that the online demographics of shoppers broaden to match those of ordinary shoppers. Also, small businesses and entrepreneurs continue to flood through the e-commerce marketplace, often riding on the infrastructuresRead MoreCase Study : A Customer Centric Company Essay1700 Words   |  7 PagesA Customer-Centric Company Amazon.com Incorporated is company whose retail business is done exclusively online, formally known as electronic commerce or e-commerce. It was the book category that first caught the attention of founder Jeff Bezos, who realized that a Web store could offer more book inventory than an actual shop could offer (Cuneo, 2000). The idea was born and Amazon, a customer-centric company was created. Customer-centric is an approach that allows businesses to drive profitsRead MoreEssay on RED CHEETAH Web Site Proposal1687 Words   |  7 PagesCHEETAH’s e-commerce capabilities. The sites will include professionally written content and expertly designed graphics that together present a professional and credible store image. The goal of each site is to immediately capture site visitors’ attention, introduce them to the company, and showcase the variety of merchandise available. Each site will be graphically rich, friendly, and easy to maneuver with a minimum number of â⠂¬Å"click-thrus† required for visitors. A Web site created by e-websmartRead MoreElectronic Commerce and Page Ref Essay4966 Words   |  20 PagesE-commerce 2013, 9e (Laudon/Traver) Chapter 1 The Revolution Is Just Beginning 1) The growth of mobile e-commerce almost doubled from 2011 to 2012. Answer: TRUE Diff: 2 Page Ref: 8 AACSB: Reflective Thinking 2) Approximately 80% of adults in the United States use a social network on a daily basis. Answer: FALSE Diff: 2 Page Ref: 8 AACSB: Reflective Thinking 3) A companys online inventory control process is an example of e-business, as opposed to e-commerce. Answer:Read MoreIndustry And Distribution Of Nike1412 Words   |  6 Pagesof the basketball shoe market (Highsnobiety). Adidas’ web sales reach almost a half of a billion dollars in 2014, accounting for three percent of their total revenue. The bright spot of the e-commerce was the global sales. To keep up these online sales, Adidas says they will continue to invest in the e-commerce industry by creating a faster website for users and new international markets (Internetretailer). Customer Analysis When customers of Nike or Adidas walk into a store, virtual store orRead MoreMarketing and E-commerce Business65852 Words   |  264 PagesComplete Listing of Chapter Opening Cases, Insight Cases, E-commerce in Action Cases, and Case Studies CHAPTER 1 THE REVOLUTION IS JUST BEGINNING Opening Case: Pinterest: A Picture Is Worth a Thousand Words Insight on Technology: Will Apps Make the Web Irrelevant? Insight on Business: Start-Up Boot Camp Insight on Society: Facebook and the Age of Privacy Case Study: The Pirate Bay: Searching for a Safe Haven CHAPTER 2 E-COMMERCE BUSINESS MODELS AND CONCEPTS Opening Case: Twitter’s BusinessRead MoreHow The User Side And Server Side Factors That Influence The Performance Of A Website1675 Words   |  7 Pagesweb browser safety technology that is built into a web browser. It ensures that confidential data is passed safely from your web browser through the internet to a distant server by encrypting or scrambling the confidential data so that only the server can read it. When creating an account it is important to create a strong password to protect your identity and security so that no unauthorised people will be able to access your account. A strong password should be at least eight characters long andRead MoreSecurity Is A Process Not Product1041 Words   |  5 PagesDevabhaktuni Z1747788 Assignment 1 Dr. Wang â€Å"Security is a process not product†. Security is a continuous process to ensure information, people and network have necessary protection for reliable and secure day to day operations. The Information Technology(I.T) and telecommunications firms need complete and low cost security solutions. It is required and essential to protect a secured network from dangerous and deliberate threats. Security should have the qualities that enhance the interweaving of