Assignment Example | Topics and Well Written Essays - 1500 words - 4

Assignment Example There may be two types of efficiency in the market Productive efficiency and Allocative efficiency. The perfectly competitive market ensures maximum efficiency. In perfectly competitive the maximum profit point is where the marginal cost is equal to marginal benefit and since for them MR = AR= P. thus the profit maximization point i.e. MC =MR also ensures MC = MU (price). This means that in perfectly competitive markets the marginal benefit to the society derived by customers while consuming the product is just able to cover the marginal cost incurred by the society through the producer. Thus the marginal loss to the society is equal to the marginal benefit to the society which is a condition for efficiency. Which is not case with imperfectly competitive markets whose MU may not equal to MC at the point of profit maximization i.e. MR = MC, as for imperfectly competitive markets MR may not be equal to AR and price. Thus MC and price may not be equal. An example of market very close to perfect competition is street vegetable market in developing countries. The products are almost similar and each buyer and seller is very small thus almost similar prices prevail. Thus MR = P = AR, and for profit maximization MC = MR which means MC = P (MU) which ensures utmost efficiency. Figure 1 shows the profit maximizing point for a competitive market firm. The point for profit maximization is qe, as here MR = MC and since it’s perfectly competitive, AR = P = MR, thus MC = P, which shows the efficiency in the market. b) The example of imperfect competition is tooth paste market in the US a lot of firms selling differentiated products to many buyers. In this case the firms don’t sell at similar prices and their demand curves are sloping downwards thus MR falls faster than AR and P. Thus when MC comes equal to MR MC is actually less than AR which keeps the prices

My Advices to Upcoming High School Students Essay Example for Free

My Advices to Upcoming High School Students Essay If I was able to go back to my high school year, some advice that I would give to upcoming students is: join many academic activities, join lots of club to stay connect to the school, do your homework assignments and turn in the assignments on time. I am sure that if you follow at least two or three of these suggestions, you will love going to school and also have a motive to go to school every day and do your homework. When you do your assignments on time, you will receive good grades and good honors, too. Firstly, when you are able to join at least one or two academic activities after school, you have so much fun and you get to meet more and more people. The activities also help you lose weight and the best benefit is competing with others. For instance, when my sister was in the swimming team her freshman, sophomore and junior year, she was barely home. She was always busy with her swimming team and having fun swimming against other schools. After every swimming competition, she will always come home with a smile on her face and we always thought her school had won, but really they didn’t win. She told me she didn’t care about winning; the most she cared about was being able to have fun, enjoy herself, and know what her capability is. For that, I would recommend students to take after school activities and be able to learn what their body is capable of doing instead of being shy like me and not do anything except coming home and just do my everyday routine. Secondly, joining after school clubs are awesome too. You are able to connect with students and also many teachers. This is a really great opportunity to do when student’s first entering a new school because you get to know other students faster and also different teacher’s in your school. They can also write you recommendations for college too. The better the teacher knows about you, the more they can write and elaborate to the colleges about you in the recommendations. Some students join clubs to help out after school activities like sports, parent conferences, school dances, and many more. This way you are able to be known in school for being a very great and helpful student and make many friends since everybody will know you by all the support you have given. Lastly, doing your homework is the number one priority in school and in college because without doing your homework, you are not able to do after school activities and play any sports. You have to be able to do the homework and turn the homework in on time to receive full credit for a good grade. Putting all your effort into the homework may seem like it is not worth it, but afterwards, you see how far you have gone and what things you have learned thanks to all the homework and all the teachers pushing deadlines and being so strict about homework. Always do your homework no matter how hard it is because the homework is doable; you just have to put all your time and effort into it to get it done the way the teacher wants it. Heeding these tips, you are able to gain many assets and help that you will be very proud of yourself and it will always help you down the future of life. You will always need recommendations for colleges and jobs and you will be able to get that easily because of all the after school activities. You will be able to go to attend more education and do all your assignments and turn them on time because you have already been down that route already. You will also learn how to stay fit because you were able to stay fit during high school with all the academic activities and learning how to motivate yourself without anyone motivating you.

China Daily Asia Weekly News Agency Analysis

China Daily Asia Weekly News Agency Analysis Findings on China Daily Asia Weekly News Agency China Daily Asia Weekly news agency has been used by us in reporting the issue of demonstration in Hong Kong. We have monitored this news agency for one month started from 1st October 2014 until 30th October 2014. We were observing the news agency in terms of the format of news they portray. The format of news includes total of news reported per day, photos and videos the author uploaded, the paragraph of each news, the author of the news and the theme of the news reported. The total number of news that have been collected by us for one month is 120 news. The news reported in China Daily Asia Weekly are mostly neutral in terms of news slant. However, there is some news reported by them that is negative western but it is just a minority in number. Besides, China Daily Asia Weekly news agency also did not provide any subtitle for their news. Moreover, the news source for each news are mostly the government which includes Chief Executive, Ministry’s Spokeswoman, Secretary General and many more. However, there is also minority news that have demonstrators as their news sources such as the leader of Federation of students and many more. To begin with the analysis, we will start by explaining on the total number of news reported per day by China Daily Asia Weekly. The total numbers of news are vary to each day. The highest numbers of news reported per day is 13 news while the least number is zero news per day. There were no news reported by China Daily Asia Weekly regarding the demonstration issue in Hong Kong on 12th, 19th, 25th and 31st of October 2014. The highest number of news reported was on 6th of October 2014. There is also 1 news reported per day on 17th, 28th, and 29th October 2014. Mostly news reported on 6th of October were talked about the negative consequences that have been caused by the protesters movement. We also noticed that the news on the issue of demonstration in Hong Kong reported by China Daily Asia Weekly were becoming lesser towards the end of the month. The total numbers of news reported per day is high until 8th of October 2014 and then decreased to 1 news reported on 9th of October. After 9th of October, the news reported regarding the issue were become lesser until the end of the month and the higher news reported after 9th of October was 6 news per day which is on 16th of October 2014. Thus, we can conclude that the issue in Hong Kong are becoming less popular to be reported by China Daily Asia Weekly news agency than the beginning of the month and maybe it is because of the issue is going to meet its solution soon. Second thing to be analyse is about the photos and videos the author uploaded in each news per day. China Daily Asia Weekly has not posted any video in their news. The agency only posted photos to their readers and the photos are all in colour. However, the highest total number of photos the agency uploaded on each news is 3 photos and the least is no photo uploaded on news. The highest number of photos uploaded was on 15th of October and about 39 news were reported without any photos on it. In addition to that, if we want to compare on the frequency of the photos uploaded by the agency, we can say that half of the news with 68 numbers of news reported has 1 photo uploaded on it and only 7 news that has 2 pictures on it. Besides that, each of the photos uploaded on the news were also come with the description under it that represent the situation of the photos. From this, we can see that China Daily Asia Weekly news agency is not emphasize more on photos and videos as the highest number of photos uploaded per news is only 3 photos. Thirdly, another thing to be analyse is regarding the numbers of paragraph written on each news. As we have observed from the data we collected, the highest number of paragraph is 23 paragraph and it was on 2nd of October where the news entitled â€Å"Occupy taking luster off Golden Week† was reported. The news is about the decreasing of sales for retail sectors to making some profit on the Golden Week holiday as the date is usually the great time for them in getting more profit. This is because of the protesters movement who blocked the roads which then prevent their customer. The least paragraph written in the news is 4 paragraph. There is some news that have only 4 paragraph in there which is on 3rd, 13th and 22nd of October 2014. The news that have 4 paragraphs on it is usually reported about announcement and economics. It cannot be conclude that the least number of paragraph per news, the less credibility of news they convey as the credibility of news cannot be seen through the length of the paragraph written because sometimes it is only the repetition of previews news. However, the least paragraph of the news is actually portray the less significance of the news to the readers. Next, we further our observation to the authors of the news reported. From one month observation, we found that there are two authors that written most of the news in China Daily Asia Weekly news agency. The authors’ names are Timothy Chui and Kahon Chan. Timothy Chui has written total numbers of 31 news from the beginning until the end of October. Same goes to Kahon Chan who started written the news from the 1st of October until the end of the month and have written the total numbers of 31 news. There is also some news that have been taken from the International news agency which is Reuters. In addition to that, there is also some authors that only wrote one news in China Daily Asia Weekly such as the news written by Andrea Deng, Selena Li, and Edmond Tang. We also found that there are several news that have been wrote by two authors. There were only 3 news that have been written by two authors while majority of news reported are from single author. From the observation of th e authors of news reported, we can conclude that Timothy Chui and Kahon Chan are the reporters that have significant roles or works in China Daily Asia Weekly news agency as they covered more news than other authors did. Finally, we were also focussing on the theme or denominator of each news that have been reported. We can see that from 30 days of observations, the most common theme and denominator of the news is talked about the negative consequences and effects of demonstration. There are about 30 news that talked about the negative effects of the protests towards the citizens. Among them are the news written by Ming Yeung and Wang Yuke on 1st of October where they wrote about how the protesters or demonstrators endanger the life of the people in Hong Kong. They wrote in their news about how the protest cause chaos and bad traffic to the streets that trouble the local emergency services such as Ambulance Fire Fighters to reach the victims on time. They reported on their news that said, â€Å"Deputy Chief Fire Officer, Joseph Leung Wai-hung told the media on Tuesday that emergency services have fallen significantly short in their promise to reach those in dire need, that is, to respond to emergen cy situations within 12 minutes†. There is also other news on the same theme which talked about negative impacts of demonstration to the citizens. The news written by Celia Chen and Agnes Lu covered about how the businessman and businesswoman live around the paralyzed districts encounter great loss to their business. They wrote that some of the workers in some affected restaurants have been forced to take leave as the tourists absent. Among the restaurants and hotels that have been affected by this demonstration protest is Tung Yuen Banquet on Hennessy Road, Wan Chai. The manager of the eatery told China Daily that, â€Å"On Fridays, we normally had bookings for at least 20 tables in the past, but tonight, for instance, we only have three tables booked. There is many other news that have talked on the negative consequences and effects of demonstration protests. Besides that, other common denominator that is usually found in the news is calling for peace. There are some news reported in China Daily Asia Weekly that talked about the public calling for peace and put an end to the protest. There is a news reported by Timothy Chui on 5th of October 2014 that wrote about a man who climbed up roof of footbridge just to call demonstrators to end the protests and clear the roads. The man surnamed Yip climbed onto the roof of a footbridge around 1 pm to call demonstrators to end their sit in and clear roads. After 4 hours and 45 minutes the police negotiators tried to calm the man down, finally they were able to bring him down. However, he demanded to speak with protest organizers and delivering an hour long speech to express his feeling that he would rather die rather than seeing his daughter are not able to return to school because of the protests. This shows that mostly news in China Daily Asia Weekly portray the news about the negative impacts of protests. This also can be conclude that this news agency view â€Å"Occupy Central† which is the name of the protest as irrelevant and cause harm to many people.

Essay --

Corporations are contributing to the â€Å"going green† epidemic. Going green means to pursue knowledge and practices that lead to more environmentally friendly and ecologically responsible decisions and lifestyles (Middletown Thrall Library, 2008). There are several pros and cons that organizations experience when deciding to develop â€Å"green† strategies, therefore the choice must be made carefully to decide whether or not it would be advantageous to their basis. One of the most obvious of reasons to become a â€Å"green† company is the cost benefit. The operating and material costs that are required for businesses are constantly increasing, therefore in order to become more cost efficient, and businesses are recycling more thus reducing productivity costs. With business being able to reduce waste and recycle more of their used goods, they can eliminate the costs it takes to eliminate those resources or to even store them. Eco-friendly policies also help to attract new talent. According to Lindsey Pollak, author of "Getting From College to Career, "students are looking to work for companies that care about the environment (Roff, 2007). Organizations can benefit from going green by reducing their energy bills as well. Energy bill reduction can come from utilizing high-efficiency bulbs in lighting. By installing lighting sensors, dimmers and a reflective roof, semiconductor maker Texas Instruments Inc. cut lighting energy at its of fice building in Richardson, Texas, by 80% (Roff, 2007). On the other hand, there are other disadvantages related to costs when a business decides to go green. For example, sometimes the costs to install and maintain â€Å"green† materials may not offset the savings in the long or short run. In the event that th... ...same point: when environmentally friendly practices complement the goal of achieving fiscal soundness and greater profits, companies are more than willing to go green (Gorbett, Salvaterra & Skiba, p.2 2005).† In my opinion, the factor that would have the greatest bearing on the company’s decision to go green is the cost savings because all other rationales would follow based on if the company felt that the savings would be costs effective in the long run. The organization would not attract any investors or many investors if they feel as thought their investments would be wasted on trying to incorporate a â€Å"green† working environment, then the company would experience a low consumer market as a result. They would be spending more of the investors money on trying to remain â€Å"green† and losing out on the innovative ideas that competitors would have the advantage over.

Information Systems Technolog Essay

Information systems technology changes and the well-managed implementation thereof can indeed be such a difficult undertaking for organizations. Though the adaptability of the employees and the management – and oftentimes, the customers as well – largely vary from one industry to another, it does remain that the shift from the old ways to the new ones is not always a welcomed development. The lessons that can be learned from the case of the Workers’ Compensation Board (WCB), as cited by the Bert Painter, are as well applicable to other companies that have similarly transformed their information systems into advanced and more efficient ones. One of the advantages afforded by better information systems is increased productivity in the workplace, which usually translates to higher income levels for the company. Not all functions, though, can be reduced to formulas and technical processes – like those of Claims Officers in WCB. But putting aside the tasks that thrive on the personal touch, creativity and imagination, as well as duties that require the exercise of judgment and the use subjective discernment, there will definitely be big changes in the entire organization. Information systems technology changes are commonly sought by management as a way to reduce wastage in terms of company resources and manpower hours, based on the accumulated employee hours devoted to such outmoded routines as sending via fax the same sheets to a number of customers. However, systems upgrading should always go with adequate change management, as cited by Bert Painter. This way, heightened efficiency at work will be achieved without causing any employee to feel displaced and demoted. The complication that goes with replacing the information and network system of a company should not be underestimated. It definitely brings in a lot of equally awkward and uneasy consequences – the necessary trainings for the employees, the shortcomings of the systems and the employees’ reactions thereto, and the removal from the organizational chart of job posts that are hence rendered useless. These issues have to be properly handled. As Prof. Khalifa has written, high-technology solutions usually are not welcomed as positive developments by people who are prone to be adverse to change. Thus, managing change involves leading the people in the organization to overcome the natural inertia that makes change not easy to implement. There are lessons, too, that Bert Painter did not so much dwell on. For one, it must be understood that the setting up of the company’s improved systems by itself will not boost the revenues generated and will not endear the company to its customers. The same improved systems also will not help the company win the loyalty of its employees. Thus, the interrelationships of people within the organization must not tend toward becoming less personal, not even if more and more old routines that used to foster camaraderie among them are becoming obsolete. Furthermore, there are alignment difficulties that will have to be dealt with during the critical learning stage. In the case of WCB, some of them already have taken form. In such a situation, it is important that professional Information Technology (IT) groups with impressive track records be tapped to address the company’s needs throughout the transition phase. It will entail costs to avail of their services, but it will save the company from losing more in terms of adverse consequences of a poorly managed transition. Without a doubt, the successful upgrading of information systems will, in the end, turn out to be the right move. Work Cited Khalifa, Mohamed. Introduction: Evolving Role of IT. Khalifa, Mohamed. Fundamentals of E-Business.

Ronald Reagan essays

Ronald Reagan essays Ronald Wilson Reagan, known as "the great communicator," oversaw the largest peacetime and has had a significant impact ever since. In 1979, Reagan entered the race for the Republican nomination for president. He faced stiff competition but in May 1980, he received enough delegates to win the nomination. Reagan chose Bush as his running mate. After the convention, Reagan lost the large lead he had held over President Jimmy Carter, and they were often tied in the polls. Even though Reagan was criticized for being vague, his ability as a speaker helped him project a favorable image. His strong performance in a debate with Carter one week before the election was credited with winning over a large number of votes. Voters were troubled with inflation and by the year-long confinement of Americans in Iran.' Reagan promised to cut taxes and reduce spending, "while restoring Americas prestige abroad." Reagan received 50.7 % of the popular vote along with 489 electoral votes, while his opponent, Jimmy Carter received 41% of the popular vote with only 49 electoral votes. In the summer of 1984, Reagan campaigned for re-election. Supported by a vigorous economic recovery, Reagan turned his focus on certain key issues such as Balancing a Federal Budget, Central America, and The Strategic Defense Initiative. Polls indicated that Reagan appealed to many across borders such as age, class and even political party. "Reagan Democrats" turned away from the Democratic party as well as young voters who were historically pro-Democrat. Campaign ads for Reagan consisted of peaceful images of "Morning in America." Even with all the positive momentum toward re-election, there was still one thing that worried Reagans campaign managers, and that was Reagan himself. They feared that his image as a decisive and involved leader would fade under investigation, so Reagan avoided formal news conferences and many reporters. During the ...