Tax on Fatty Foods Essay Example | Topics and Well Written Essays - 2000 words

Assessment on Fatty Foods - Essay Example In October 2011, the Prime Minister of England uncovered that his administration was taking a gander at acquainting fat duty with tame the high rates of stoutness (Guardian, 2011). Cameron called attention to that he had fears over significant expenses and decreased future of the current age. In the light of disturbing quantities of diabetes in America, Cameron cautioned the nation that it should consider the negative effects of diabetes hazard (Guardian, 2011). Hungary additionally passed fat assessment in July 2011. This new assessment in Hungary specified that the residents of Hungary burn through 0.05 US dollars on greasy nourishments. This is a transition to cut the costs of human services in Hungary (Buczynski, 2011). The report by European Public Health Alliance of 2011 (EPHA) uncovered that in each two individuals one of them is overweight. The report likewise demonstrated that out of four individuals, one had weight. Further, the report brought up that interminable non-trans mittable sickness, for example, diabetes type 2, cardiovascular malady, and malignancies are associable with greasy nourishments. These maladies add to about 86% of all passings in the European Region of the World Health Organization (EPHA, 2011:3). These ailments have pulled in the consideration of significant associations such World Health Organization and UNICEF. In December 2003, the World Health Organization proposed that countries ought to consider burdening food high in fat, sugar, and salt. This is to urge individuals to settle on more beneficial food decisions. The WHO report uncovered that few nations utilize financial measures to advance accessibility of and access to specific nourishments. Different nations use charges to diminish or build utilization of nourishments. Others use sponsorships and open assets to advance access among poor networks to donning and recreational exercises (White, 2006:6). Food tax collection benefits from the way that individuals don't acceptin g the most exorbitant nourishments. This suggests value intercession can deliver important changes in the examples of food utilization and a decrease in diet-related infections. In the light of this, England has proposed to present expense on greasy nourishments. This paper will examine the contentions for and against new duty on greasy nourishments. The paper first tends to the contentions that help charge on food and later it will handle the contentions against this proposition. The proposition for tax assessment on greasy nourishments is very much established. The objective of these duties is to impact conduct of individuals to meet general wellbeing objectives of in England. Through this tax collection, England tries to improve the strength of its residents. There is logical association that greasy nourishments add to improvement of non-transferable maladies, for example, malignancy, diabetes 2, corpulence, and coronary sicknesses. The pace of these infections increments with ut ilization of greasy nourishments. WHO reports that overweight and corpulence add to over 2.5 million passings every year. The report predicts that this pattern will twofold in the year 2020 (White, 2006:6). A similar report shows that passings from non-transmittable illnesses happen in both creating and created nations. It is, accordingly, judicious for the legislature of England to propose to present tax collection on greasy nourishments. This will keep an enormous populace from devouring these nourishments on the grounds that the costs will be high. It is clear that the greasy nourishments are commonly modest when contrasted with the characteristic nourishments. The low of these nourishments has made a huge populace in England to manage the cost of these nourishments on consistent schedule. Over-utilization of these nourishments brings about improvement of wellbeing inconvenience, which is

ICT Project Management for Planning and Control Techniques

Question: Talk about theICT Project Management for Planning and Control Techniques. Answer: Meaning of Project Methodology Any kind of undertaking becomes effective just when the objectives just as destinations are accomplished by explicit approachs of task the executives. This task is fruitful just when it is carefully trailed by a characterized timetable and spending plan. As indicated by Schwalbe, 2015, there are different philosophies that help the association to finish and execute its venture appropriately. An undertaking the board procedure is a particular model that any venture supervisor use for the work to configuration, to design, to execute lastly to accomplish every single task goal and objective. These are very helpful for any task. There are different focal points or advantages that a task the board system has inside it and therefore it assists with understanding the whole extent of their work (Pinto, 2015). The most significant preferred position of an undertaking technique is that it assists with catching each component of venture forthright and furthermore teach the whole group of the ta sk on a few components with their connections. The second preferred position of this task strategy is that it helps in the best possible execution of the venture by flawlessly characterizing the undertaking destinations. The yield of the venture totally relies upon how much better procedure is being applied in the undertaking (Fleming Koppelman, 2016). This, thusly is answerable for the improvement following of the undertaking and for the ideal correspondence between the task colleagues. In addition, the task the board philosophy assists with lessening too deal with the danger of the undertaking. This undertaking technique centers around the conscious methodology for building the limit inside the venture group to execute by appropriate preparing and ideal meaning of the advantages, errands, jobs, obligations, resources and anything or any movement identified with task could be handily executed with venture philosophy. According to Burke, 2013, the most basic hindrances of any undert aking are opportune accessibility and information consistency. All the organized methodologies evacuate the deficiencies with the assistance of task the executives approachs. There are different philosophies that are used in venture the board. These strategies help the venture to be fruitful and get adaptable. The most well known and select undertaking the executives techniques significantly include PMBOK, PRINCE2, Waterfall, Agile, Scrum, Agile XP, RAD, Spiral, SDLC and some more (Kerzner, 2017). These techniques are incredibly profitable for any venture and therefore help any undertaking supervisor to comprehend the degree and advantage of the task splendidly. All the previously mentioned venture the executives philosophies are extensively characterized into two sorts of approaches, which are present day approach and customary methodology (Walker, 2015). The conventional methodology is the fundamental methodology of venture the executives strategy and is used for a wide range of littler activities. Cascade philosophy is the most significant model in the customary methodology. The second sort of task the executives strategy is the cutting edge approach. Larson Gray, 2013 express that, this kind of approaches are significantly used in the advanced ventures like data innovation. It gives impeccable yield and doesn't follow the past philosophy of venture the executives. PRINCE2, PMBOK, Six Sigma and Scrum are the most acclaimed philosophies in the whole wide idea of present day system. The procedure of undertaking the executives assumes the most significant job in the venture life pattern of a specific task. The significant job of this task the board philosophy is that it assists with executing the whole venture by not including into a complexities (Schwalbe, 2015). Te financial plan of the venture is carefully kept up in the approach and in this way is answerable for the general development of the undertaking. The task life cycle begins from beginning of an extend and till closure of that venture. Likenesses and Dissimilarities among PMBOK and Agile XP PMBOK and Agile XP are considered as the two most huge procedures in venture the board (Snyder, 2014). Both of these have their own advantages and burdens and they help to accomplish the task objectives and goals consummately. These two philosophies along these lines have different likenesses just as dissimilarities. The major and the most significant likenesses among PMBOK and Agile XP are given beneath: I) Excellent Outputs: The main likeness among PMBOK and Agile XP is that will be that them two amazing and exact yields for the undertakings (Turk, France Rumpe, 2014). These techniques would be amazingly useful when they are appropriately used by the task directors. ii) Project types: The second significant comparability among PMBOK and Agile XP procedures is that them two are used in the greater tasks. In spite of the fact that, PMBOK is additionally utilized in the littler tasks, Agile XP is just utilized in the greater undertakings or in ventures that are greater in size. Procedure Approach: This is third significant likeness among PMBOK and Agile XP (Abrahamsson et al., 2017). Them two fall under the classification of present day approach in venture the board. PMBOK and Agile XP do have not many of the dissimilarities also. The most significant contrasts between these two strategies are as per the following: I) Guidelines: This is the most significant difference between these two strategies of venture the board. PMBOK gives different rules to their clients and how these could be used; while, there are no such rules present in Agile XP and in this manner regularly the venture director faces issue in using this technique (Popli Chauhan, 2013). ii) Risk Assessment: In PMBOK, the dangers of the venture are moderated by appropriate hazard the board arranging, chance distinguishing proof and legitimate hazard examination. Be that as it may, in Agile XP, this hazard evaluation is finished by making a particular model of the undertaking. Interchanges Management: In PMBOK, the administration of correspondences in an undertaking is finished by interchanges arranging and by data dispersion (Mishra Dubey, 2013). Nonetheless, that in the Agile XP is finished by using framework analogy and day by day gatherings. Relating Agile XP with PLC Nimble XP is the sort of venture the executives approach that is used for creating programming under which the important necessities just as the arrangements are developed through the community oriented exertion of groups and end clients. This methodology helps in versatile arranging, early conveyance and steady improvement in the undertaking (Popli Chauhan, 2013). Also, this specific technique is exclusively related with the undertaking life cycle or PLC. The periods of this system assists with diminishing the intricacy of the venture by not following the conventional methodology. References Abrahamsson, P., Salo, O., Ronkainen, J., Warsta, J. (2017). Deft programming improvement strategies: Review and analysis.arXiv preprint arXiv:1709.08439. Burke, R. (2013). Task the executives: arranging and control techniques.New Jersey, USA. Fleming, Q. W., Koppelman, J. M. (2016, December). Earned worth venture the executives. Venture Management Institute. Kerzner, H., Kerzner, H. R. (2017).Project administration: a frameworks way to deal with arranging, booking, and controlling. John Wiley Sons. Larson, E. W., Gray, C. (2013).Project administration: The administrative procedure with MS venture. McGraw-Hill. Mishra, A., Dubey, D. (2013). A near investigation of various programming improvement life cycle models in various scenarios.International Journal,1(5), 64-69. Pinto, J. K. (2015).Project administration: accomplishing upper hand. Prentice Hall. Popli, R., Chauhan, N. (2013). Dexterous Software Development.International Journal of Computer Science and Communication,4(2), 153-156. Schwalbe, K. (2015).Information innovation venture the executives. Cengage Learning. Snyder, C. S. (2014). A manual for the venture the executives assemblage of information: PMBOK () guide.Project Management Institute: Newtown Square, PA, USA. Turk, D., France, R., Rumpe, B. (2014). Constraints of coordinated programming processes.arXiv preprint arXiv:1409.6600. Walker, A. (2015).Project administration in development. John Wiley Sons.

Groupon

Groupon © Shutterstock.com | Gil C Groupon is a daily deals website operating globally. It has remained a popular option for those looking to find great deals and offers. In this article, we will look at 1) what is Groupon?, 2) products, 3) business model and key components, and 4) learning from Groupon’s success.WHAT IS GROUPON?The CompanyGroupon began operations in 2008 from Chicago and shortly following this from Boston, New York City and Toronto. Within a year, the website began serving more than 150 markets inside the United States and about a 100 markets in Europe, Asia and South America.The name is a play on the words group and coupon signifying the business of the company. The website is a daily deals provider that features gift certificates at a discount from different types of companies. Groupon was created by Andrew Mason with financial backing from a former employer, Eric Lefkofsky. Mason ran the company as CEO till 2013, when he was asked to leave the company after a failure to meet targets and raise pr ofitability.After enjoying rapid success initially, the company went into a negative spiral and reported a fourth quarter loss of $9.8 million in 2011.History of GrouponMason’s project began as a campaign and fund raising website called ThePoint.com. The website used a system called ‘the tipping point’ which meant that a donation would only be charged if a certain number of people contributed to the campaign. When the business transitioned from ThePoint to Groupon, the same idea was used, meaning that a Groupon deal only went through if a certain number of people bought it. If this limit was reached, then Groupon would charge its fee otherwise it would not. This was a major point of encouragement for vendors to come onboard and offer different deals to draw in business.The first deal was an offer on pizza at half price from a restaurant on the first floor of the Groupon office in Chicago in October 2008. Twenty people bought the deal. Groupon quickly expanded within the US and went from calling multiple vendors every day to ask for deals to accepting only one in eight vendors that wanted to be featured on the site.Groupon continued its expansion by moving into international markets. One way of doing this was by purchasing and rebranding existing similar deal-of-the-day services. Some of these have been MyCityDeal in Europe, ClanDescuento in South America, Qpod.jp in Japan and Darberry.ru in Russia. Others have been Beeconomic.com in Singapore, SoSasta.com in India, uBuyiBuy in HongKong and GroupsMore in Malaysia. All of these were acquired between 2010 and 2011. In 2012, the company purchased Mertado, a Facebook based social shopping service and Breadcrumb which is a point of sale system and application for iPads targeting local restaurants. Based on these purchases, Groupon created access to other types of businesses to add to its repertoire. By the end of 2012, the company also purchased Savored which was a high end restaurant reservation and discount site. This gave the company access to these higher end restaurants, as well as a separate independently run business.These acquisitions continued in 2012 with a real-time location sharing mobile application called Glassmap and a European travel application called Blink that provides short notice hotel reservations. In December 2013, the company reported the highest weekend of sales since it was founded in 2008, with billings up 30 percent year over year.MarketsAny new market targeted in first explored and mapped out by employees who identify successful local businesses. These are then approached with an explanation of the Groupon model and social media sites are used as promotional tools.At present, Groupon serves nearly 500 markets in 48 countries. These include markets in the United States, Mexico, Puerto Rico, Brazil, Chile, Colombia, Argentina, Peru Thailand, the United Arab Emirates, Turkey, Israel, Singapore, Malaysia, Hong Kong, China, Russia, South Korea, Japan, Taiwan, Indo nesia, India, South Africa, Morocco, Canada, the United Kingdom, Ireland, Germany, France, Belgium, the Netherlands, Romania, Ukraine, Poland, Italy, Spain, Portugal, Finland, Sweden, and Norway.In 2011, the company launched in China with a joint venture. Groupon and Tencent joined together to launch Gaopeng. The venture struggled initially and eventually merged with Futuan. In the same year, Groupon also expanded in the Middle East with the launch of Groupon UAE as well as into New Zealand.Groupon’s Indian expansion came about with the purchase of a local version of itself called SoSasta also in 2011. The new venture was named Crazeal later that year and with the acquisition of the relevant domain name it was once again renamed to Groupon by 2012.Learn How Groupon Works! PRODUCTSGroupon products are not targeted towards everyone as the offered deals are most often in the category of things people want rather than the things they need. The major target audience are young urban pro fessionals who want to explore the city they are in at an affordable manner. Groupon deals allow people to try out products and services that they may otherwise not have attempted to purchase. The most common types of Groupon deals are for:Restaurants, bars, hotels, bed and breakfasts, and getawaysSpas and resortsFitness centers and specific classes such as yoga, Pilates, or spinningHair and nail careCosmetic dentistry procedures and other cosmetic proceduresLaundry and dry cleaningAssorted classesSmall local retailersMost often, the deal is a 50 percent discount on a specific product or service. The deals can range from $20 to $2,999 for a variety of items. There are restrictions that apply to almost deals. There are expiration dates on usage or deals only for new users. Some restaurants may offer deals on a restricted menu excluding alcohol. For this reason, all fine print should be read carefully when deciding to avail a deal.BUSINESS MODEL KEY COMPONENTSThe Groupon business mod el has shown immense promise in the past. Though recently there has been some criticism based on the company’s inability to meet profit targets, a change in management could prove to be the solution needed by the business to continue its past success. Any business model is made up of several components that interact with each other. The Groupon business model has the following components.Business Model ComponentsKey PartnersMainly, Groupon’s partners are the companies that offer deals on the website. In addition to these, there are also the investors that have injected capital into the enterprise since it was a startup.Key ActivitiesKey activities for Groupon may includeAcquisitions of companies and negotiations of partner setupsCreative writing for daily dealsWebsite maintenance and upgradesCustomer communicationsCustomer data managementAdvertising decisionsKey ResourcesKey resources are those assists that are vital to keep the business going. For Groupon, these resources inclu de intellectual ones such as detailed customer databases. These databases allow customization of offers for the clients. The established brand name garners trust and is a vital asset. The people who work for Groupon are vital for their creativity and innovation. Financial resources are also necessary to continue to expand and serve clients in the best way possible.Value PropositionGroupon’s value proposition to its clients is the offer of low prices for items that the customer wants together with convenience and accessibility. The deals are localized to ensure that the right people are offered the right deal.For businesses, Groupon offers a connection to the right client base, offering a platform for advertising, as well as the opportunity to generate new clients. The time limit on deals ensures that people buy immediately when otherwise they would stop and think. The tipping point allows for the business to gain enough offers for a deal to make it viable for them to sell it.Custo mer RelationshipsHighly customized emails open a channel of communication with the customer that helps retain customer for future repeat business. Customers are offered items of their interest and kept updated on what is offered.Customer SegmentsBroadly, Groupon has two segments of customers. The first is the customer who wants to buy the deal on offer and the second is the business who is offering this deal. These two segments have drastically different motives and Groupon needs to work to create a balance between them. According to Groupon, a majority of their users are women. Generally, the segment is made of younger users who range in age between 18 and 34. The company further segments them based on their demographics, purchase history and interests.ChannelsGroupon uses various communication channels to reach clients. These include personalized regular emails. Another channel is regional and national advertising campaigns to reach even more customers and encourage them to use th e service. Other advertising channels include newspapers, magazines and even radio and television.Cost StructureOne of the main costs for the company are advertising. This includes the personalized and regular emails, as well as all other channels. Other part of costs are infrastructure which include office space, servers etc., as well as human resource which is the employees. Yet another aspect of the cost structure is the massive investments the company makes for expansion usually through acquisitions.Revenue StreamsGroupon’s revenue streams are based directly on the number of deals sold and the actual cost of the deal. Groupon charges for deals that meet minimum user criteria. Businesses are also charged a subscription fee while the service remains free for the customer. Ad space is also sold as a small revenue stream.Groupon USPGroupon has many competitors that offer a similar or competing product offering. What makes Groupon unique is their prices and the type of deals they o ffer. Groupon uses a large sales force that successfully negotiates deals from businesses for clients. As for the type of deals on offer, the company has managed to successfully create a business based on what customers want rather than what they need. Offering attractive discounts on these wants ensures that people remain tempted to keep coming back. Groupon has also leveraged excellent writing, humor and media such as email to maintain a connection with the customer base.LEARNING FROM GROUPON’S SUCCESSLessons to Learn for EntrepreneursCreating an Online Organizational PersonalityEssentially, Groupon relies on people to read through a daily deals newsletter. Most often, people are likely to get bored with these after a while and unsubscribe. Groupon has managed a series of steps that ensure that the likelihood of this happening is significantly reduced. Some of these steps are:Creating Personality: When a person clicks unsubscribe to a Groupon email, they get to meet Derrick. The photo below shows who Derrick is. This interesting, somewhat personal image may get a laugh out of people and encourage them to subscribe again.A likable online personality makes it relatively easier for a company to build and maintain customer loyalty and interest. This loyalty makes it easier to deal with any actions or events that may otherwise damage the brand. Most businesses can achieve this to some degree by adding some extra interest in their web based communications and their websites. Whatever attempt is made to create a personality however, should be in keeping with the brand’s identity and support overall long term goals.Create a Blog: A blog can be a great way to stay connected and show the human side of a business to its clients. A blog is more informal and allows a look into the people who are behind the brand. The level of customer engagement that can be achieved through a blog is difficult to achieve through other mediums. A blog starts a conversation that allows readers to join in to respond, critique and share points of view. In addition, a blog offers a great way to achieve organic search engine optimization.Focus on Website Content: Many companies may spend a lot of resources on having a fancy website designed and created, but not pay too much attention of what material is to go on it. Well written content that supports the company philosophy can help create an interesting corporate personality. Functional content is not enticing for viewers and will not be a source of repeat visits.Be Interesting on Social Media: Take Twitter as an example. There are many organizations that post in a generic detached sort of way. This can be boring and uninteresting for readers and they will not care about the brand at all. There should always be some basic organizational criteria to stay within when positing on social media, but beyond that, the people responsible for these pages and posts should be encouraged to inject personality into them by postin g interesting links, continue conversations, and be humorous â€" all in keeping with the persona that the company aims to create.Respond: A likeable company will most likely be one that responds to queries, criticism, feedback and observations in a timely way. This includes any mediums being used such as Twitter, Facebook, a blog, or other blogs where the company may be mentioned. An individualized response shows that there are human behind a brand who are sympathetic and caring.3 Business Lessons to Learn from GrouponThe Groupon business is not new or particularly innovative. It is the way the business is run that forms the basis of its popularity. There are three major lessons than any new business can learn from the Groupon example. These are:Keep it Simple: Groupon sells a simple product â€" great deals â€" in a simple way. The methods are easy to understand and the website is easy to use. This ensures that potential customers are not scared away by the need to understand a comp licated offer.Differentiate by Branding: Groupon can essentially be seen as a simple newsletter campaign that sells coupons. The most frequently used channel of communication is email which is not the most innovative form of reaching the customer in today’s world. However, by ensuring highly customized emails that are tailor made for the recipient and excellent writing to make them readable, the company has managed to create a differentiated image for itself.Solve a Problem: Groupon solves problems for both the vendor who offers a deal and the customer who buys it. The vendor is able to gain some publicity as well as new users or members. The customer is able to secure a great price for a product or service that they may want and is not a necessity. This ability to be a problem solver keeps it a popular intermediary.Andrew Mason: What Ive Learned at Groupon Potential ProblemsWhile Groupon continues to make sales and connect customers with vendors, its profitability remains a quest ion mark. The company fired its CEO and founder in 2013 in light of continued inability to become profitable and falling stock prices. Companies like Groupon are easy to setup but appear to be difficult to sustain. The challenge is to keep both customers and vendors happy and this is no easy endeavor as both have drastically opposite goals. These challenges will require the company to rethink its strategy and business model in order to remain relevant and profitable.

Understand and Responding Child Abuse - 4443 Words

Understanding and responding: for professionals working with children who have experienced sexual abuse Child sexual abuse Acknowledgments Published by Office for Children, Victorian Government Department of Human Services Melbourne, Victoria May 2009  © Copyright State of Victoria, Department of Human Services, 2006 This publication is copyright. No part may be reproduced by any process except in accordance with the provisions of the Copyright Act 1968. This document may also be downloaded from the Department of Human Services website at: http://www.office-for-children.vic.gov.au/family-violence-sexual-assault/ library/publications Printed by Big Print, 45 Buckhurst Street, Sth Melbourne 3205.†¦show more content†¦The use of the term child in this booklet includes adolescents. Child sexual abuse involves a wide range of sexual activity. It may include fondling of the child’s genitals (or getting the child to fondle the perpetrator’s genitals); masturbation (with the child as either observer or participant); oral sex (either fellatio or cunnilingus); vaginal or anal penetration by a penis, finger, or any other object; fondling of breasts; voyeurism (regular observation of the child) or exhibitionism. It can also include exposing the child to pornography or using the child for the purposes of pornography or prostitution. Other terms for child sexual abuse include child sexual assault, child sexual victimisation, child exploitation, child sexual misuse, child molestation, child sexual maltreatment and child rape. Abuse occurs when a person uses their authority, either by using force or not, to get a child to participate in activities that are for the sexual gratification of the person in authority. A sibling or older child may be in a relative relationship of power over a younger or more dependent child. Children always have less power than adults. The closer the relationship between the child and the adult, the greater the dependency and therefore the greater the power that the adult has over the child. Children lack the necessary information andShow MoreRelatedChild Abuse And The United States906 Words   |  4 PagesAn Introduction to Child Abuse in the United States Child abuse is a global problem Child abuse in the U.S. is a shame to our American society and an unnecessary act that achieves nothing but bad actions towards another person. In the U.S. child abuse has increased along the years and just seem to be getting more horrendous. It is a recurring issue that has been happening all around the world to innocent young children and most of these cases are being kept quiet about because they are too scaredRead MoreThe Effects Of Violence On Family Violence1319 Words   |  6 Pagespossibly cause violence to occur amongst the most secure relationships such as family? 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No child should ever have to endure that. What kind of abuse? He asked as he pushed his glasses up on his long nasal bridge. Physical and verbal. He replied. It rolled off his tongue like a brick. He felt ashamed to admit theRead MoreNegative Reinforcement Is A Good Form Of Discipline978 Words   |  4 Pagesreinforcement is where a parent thinks that they are helping the child by responding and dealing with the situation negatively showing the child to fight fire with fire. Reinforcement is often confused with punishment. Punishment is defined as showing the child that they were wrong by teaching them right from wrong. Some parents inflict abuse on the child not realizing that this has become negative reinforcement and also Corporal Punishment. The child begins to see violence and eventually becomes to thinkRead MoreChild Maltreatment And Its Effects On Children Essay1327 Words   |  6 Pages Child Maltreatment Faith A. Hopper Columbia College HUMS 390 Child Maltreatment In the beginning of this course, maltreatment meant getting hit in areas of your body besides your buttocks. But as this class progressed through this class it gets much deeper than that. According to the New York Office of Child and Family Services, maltreatment is defined as the quality of care a child is receiving from those responsible for him/her. When a parent or individual who is legally responsibleRead MoreSerious Case Reviews in Childcare Sector1105 Words   |  5 PagesUnit 25 Understand how to Safeguard the Wellbeing of Children and Young People Outcome 1.4 Explain when and why inquiries and serious case reviews are required and how the sharing of the findings informs practice. 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We are committed to the prevention of child abuseRead MoreResponding to Legal Issues in Mental Health Essay1645 Words   |  7 PagesU09a1 Responding to Ethical and Legal Issues Erica Bryant Owens Capella University Case Scenario: An 18 year old female named Simone is a new mother who does not know who the father of her child is. She is a high school dropout and receives government assistance. She has received a grant by her social worker to attend counseling for awhile. She has no family to depend on due to her parents being alcoholics and suffering from mental illness. Simone was labeled in school as having learning disabilities

Personal Philosophy Reflection Paper - 1388 Words

1. My Work: As an Educator, my goal is to provide a safe, healthy, nurturing, and cooperative learning environment for all children in my classroom. I believe that if children are taught to self-regulate early in life, it could be a lifelong skill. I provide a print-rich environment that allows children to practice literacy skills in their classroom and understand concepts about books or print, alphabet, and letter-sound relationships. I offer activities that promote literacy knowledge and skills that support the foundation for reading and writing. I give children the opportunity to connect with their peers by providing space for large and small group interaction. Activities where children can observe and recorded finding, explore,†¦show more content†¦In the larger community, the participation I have is a being a member of the NAEYC. 2. Analysis of Knowledge Working with children means it take a whole community to help children be successful in building relationships with adults, peers, teachers, and families. It means working with families, outside sources and providing an adequate environment for children to be socially-emotionally ready for school readiness. Therefore, when children are in my care, I would assess the development level of children on an ongoing basis using the Desired Results Developmental Profile (DRDP) system in my classroom. This system was developed to observe, document, and reflect children’s learning and development progress (CDE, 2010). I gather observations from staff, and parents use screenings to help individualize and set goals for the children in my classroom. I collect work samples from the children and place in a portfolio to show their growth and development. 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Robespierre’s Justification for State Terror Free Essays

Robespierre’s Justification for State Terror Maximilien Robespierre states, â€Å"What is the goal toward which we are heading? The peaceful enjoyment of liberty and equality. † (Bienvenu, p. 1, para. We will write a custom essay sample on Robespierre’s Justification for State Terror or any similar topic only for you Order Now 1) The laws that have been passed by the royalty that are meant to bring long lasting righteousness, are laws that are recognized; these laws are not written any where but in the essence of all individuals. Robespierre was elected as the representative of the National Convention and joined a political club called the radical Jacobin party. Being apart of the Convention and the Jacobins, Robespierre took over the administrative power of the Republic. Because the Jacobins believed that France was in need of change and restructuring, and Robespierre was now the head of the Convention, he can develop such change. By doing so he argues that in the land, the use of ethics must be replaced with the use of pride, proposition for traditions, self-regard for arrogance, magnificence for narcissism, prestige for money, and immorality of the sovereign for virtues and the phenomenon. He believed in democracy and the Republic of virtue. He felt that in order to set the basis of democracy within the people, the merge of both ending the war of independence and oppression must take place in order to put an end to the revolt. The essences of the Republic are virtue and equality. He explains how it is the development of virtue and the maintenance of equality that creates the Republic. Therefore, it is embraced or founded by an individual. He believed that the quality of being an admired government would be an advantage in gaining the trust of the citizens in order to create a strict and rigorous government, â€Å"†¦be trustful towards the people and severe towards itself. † (Bienvenu, p. 2, para. 2) Robespierre states the strengths and weaknesses of this theory: the strength being the triumph of truth rather than dishonesty, and the rights of the community’s interests than the private. The purpose of both virtue and terror was that without terror it can be deadly, and if it is deadly, virtue is strong. If one did not hated crime, they were presumed to detest virtue. Social protection is for the passive citizens, and the ones who are violent are the ones who are the ones who to be apart of England and Austria. Towards the end, Robespierre mentions an idea of Aristocracy, in which he creates secret illicit laws instead of vigorously supporting his own country. He ends by saying that a cruel government can kill, being free is not for everyone, and if anyone disagreed with his ideas, they would be considered an enemy or traitor. Robespierre structures his argument by introducing the points he wants to make step by step. He starts off by informing the audience of what he thinks the land should contain, and how it should run. He gives examples of ideas, and substitutes them with what he thinks it should be instead. For instance, he would say, â€Å"good people in place of good society,† meaning he would replace a good society, and choose to have good citizens instead. (Bienvenu, p. 1, para. 2) Robespierre defines democracy in his own way, then goes on to describe how â€Å"the soul of the Republic is virtue [and] equality† (Bienvenu, p. , para. 6) is in his eyes. He mentions social protection, which is only for citizens who are passive. As this speech ends, Robespierre uses questions to bring the audience to a realization of the point[s] he was trying to bring out throughout the speech. He uses Aristocracy to back up his ideas. Towards the end, he leaves the audience with a riddle they must figur e out in order to understand what he meant. Maximilien Robespierre violates all 17 articles of the Declaration of the Rights of Man and of the Citizen of 1789. He did not give the citizens to participate in the making of the law or the government. They were not given the freedom to speak, write or print, and not everyone had equal rights. The ones that followed his ideas received special treatment, whereas, the ones who disagreed, were considered conspirators. They were sometimes imprisoned and other times killed. He did the opposite of of Article 5, and acts in a way that it hurt society. He killed 40,000 people and locked up 3,000. He did not allow society to use of public agents when required. Laws were created even though the people, and society did not agree. This is why, in 1794, Robespierre was sentence to death with the use of the guillotine, something he like to use for his executions. During the French Revolution, no one has caused as much dilemma as Maximilien Robespierre did. He believed in equality and virtue, however, he contradicted himself and was not aware that he was, in fact, biased. If he thought, heard or was even told that someone descended, they would have fell into the category of an enemy or traitor. He is represents the later Adolf Hitler, who was a dictator, in several different ways. Two being that he tried to promote his beliefs to the people of his land, by infusing fear into the people of the land, and killing or injuring who ever would disagree with him. However, he did not discriminate as viciously as Hitler did. If Robespierre was to do what he did in the present society, he may have been sentenced to life in prison or capital punishment for attempting to corrupt the minds of others, and for killing as many people as he did. How to cite Robespierre’s Justification for State Terror, Papers

The Bank Of New York And Its History Essay Example For Students

The Bank Of New York And Its History Essay The Bank Of New York And Its HistoryThe Bank of New YorkTable of Contents1. History of The Bank of New York2. Services for CustomersA. IndividualsB. BusinessesC. Public EntitiesD. Government Entities3. Highlights of The Bank of New York4. Consolidated Financial Statements5. BibliographyThe Bank of New YorkTable of Contents1. History of The Bank of New York2. Services for CustomersA. IndividualsB. BusinessesC. Public EntitiesD. Government Entities3. Highlights of The Bank of New York4. Consolidated Financial Statements5. BibliographyHISTORY OF THE BANK OF NEW YORKOn February 23, 1784, a small advertisement appeared in The New York Packet, one of the many New York newspapers of that era. This advertisement announced that prominent New York citizens had established a bank. The bank, established by the prominent, would not officially open for business until June 9, 1784. That bank would come to be known as the bank of New York. Alexander Hamilton, a well-known New York attorney, was asked to write the constitution of the new bank. He complied and therefore Alexander Hamilton was credited with the founding of the Bank of New York. The Bank of New York is the oldest bank in New York and along with that is one of the oldest banks in the world since banking the way we know it today began in the 18th century. Alexander Hamilton later went on to become the Secretary of the Treasury in President George Washington’s first cabinet. In 1789, Hamilton negotiated the first loan obtained by the new Democratic government. The amount of the loan was $200,000, and was issued by The Bank of New York. Hence, not only is the Bank of New York one of the oldest banks in the world, but it is also a historic one because it was the first bank in the United States to issue a loan. Adding to that historic feeling, when the New York Stock Exchange was created in 1792, the first stock traded was the Bank of New Yorks stock. The Bank of New York played a major role in the economic growth in the New York metropolitan area. The Bank was also involved with the growth of transportation. The construction of the Morris Canal in New Jersey and the Erie Canal in New York were partially funded by the Bank, which also provided financing to the steamboat companies that benefited from these waterways. Through investments in nearly every railroad and utility, as well as in the construction of the New York City subway system, the Bank of New York continued to provide vital capital to the expanding American economy. However, far more emphasis was given to conservative practices and retaining the confidence of our customers. That policy enabled the bank to survive the economic turmoil of the early twentieth century.Throughout its 200-year history, the Bank of New York has been involved in many mergers and acquisitions. Through mergers with the New York Life Insurance Trust Company, The Fifth Avenue Bank, and the Empire Trust Company, the Bank expanded its presence in New York and its ability to provide financial services to businesses and individuals throughout Manhattan. In 1969, through the establishment of a bank holding company, the Bank expanded beyond New York City, establishing a suburban branch network that remains today. Global expansion began with an office in London in 1966, but a major breakthrough occurred with the acquisition of The Irving Bank Corporation in 1988. This acquisition created the tenth largest bank at that time and set the stage for what the Bank of New York is today. The acquisitions of National Community Banks in New Jersey and The Putnam Trust Company in Connecticut in the 1990’s continued the expansion of the Bank of New Yorks branch network. Freud Essay Government entities might need services to be performed on many aspects of the government financial market at once. Whereas, a public entity might have services performed on all of its clients to get one lump sum amount of money either owed or held by them. BANK of NEW YORK HIGHLIGHTSOn November 9th, 2000, The Bank of New York announced that it had been appointed by AMCORE Investment Group to be its United States domestic and global custodian for all of AMCOREs trust and mutual fund assets. In addition, The Bank of New York was selected to provide cash management services for AMCOREs Vintage Mutual Funds Inc. AMCORE Financial, Inc. is a financial services company, headquartered in northern Illinois with banking assets of $4.4 billion and 64 locations in Illinois and Wisconsin. AMCORE Investment Group, a subsidiary of AMCORE Financial, Inc. , provides trust and brokerage services, and through Investors Management Groups, provides capital management and mutual fund administrative services, and is the investment advisor for the Vintage Family of Mutual Funds. AMCORE Investment Group is responsible for the trust and brokerage businesses of AMCORE Financial Inc., including the Vintage Mutual Fund Family. AMCORES assets are reported to be worth some $5. 1 billion dollars. David W. Miles, CEO of AMCORE said The Bank of New Yorks custody and cash management capabilities will allow us to grow strategically and provide our clients with the efficient service they deserve and expect. In selecting a vendor, it was important that they understand our business and have the ability to service our current needs. It is also important that they are committed to the ongoing investment in technology required to deliver the securities, cash and investment management support services we require. The Bank of New York is a well-established financial institution that has outlasted numerous financial hardships, including the Great Depression. It has a long history of providing excellent services to its customers. In the present day, The Bank of New York continues to live up to that reputation by offering its customers a variety of financial services. The future can only get better for the Bank of New York. With the technological era in full swing, the Bank of New York is taking full advantage by specializing in technological securities. In conclusion, The Bank if New York is a historical financial institution that played an important role in the economic growth of the United States. No other bank can say that it has done as much for the United States as has done the Bank of New York. Bibliography1. http://www.gwdg.de/~ifbg/bank_2. html2. http://www.bankofny.com/about/ahst. htm3. http://www.bankofny.com/util/usgx. htm4. www.bankofny.comEconomics Essays

Employers should have the right to hire and fire as they see fit

Robespiere essays

Robespiere essays In 1971, Europe began to foresee the end of a seemingly triumphant revolution in France. While the country restructured its government in a forceful but bloodless manner, the tyrant King Louis the XVI agreed to the demands of the masses. However, due to the fanatical aspirations of men such as Danton, Marat and Robespierre, it would be only a matter of months before this stage of social and political reform was transformed into a radical phase of barbaric force. In the quest for freedom and equality, the leaders of the Jacobins, followers of Robesprierre, turned the flourishing revolution into a dictatorship that threatened to destroy all that was achieved in the previous two years of insurrection. The revolution took a sharp turn on August 9th, 1792. The Municipal government was overthrown in Paris and a commune was established by the leaders of the radical forces. During this time there were continual food riots erupting in every area of the country and, with the threat of war against Austria and Prussia looming, it was vital that order was to be maintained. Although the constitution was already set in place and the citizens had their freedom and liberties, the public still questioned whether or not these laws would help create a new government and prevent the country from breaking apart. The people had come this far and were not prepared to watch their efforts lead to failure or the restoration of an absolute monarch. As a result, the radical forces were able to gain the support of the citizens in declaring that the constitution of 1791 was ineffective and useless since it did not suit the needs of all the population of France. Radicals insisted on domestic stability. Led by the Danton and Marat, the Paris Commune discarded the old constitution and called for a National Convention to begin work on a new, revised version. The National Convention, divided by the Ja ...

Argument essay Example | Topics and Well Written Essays - 1000 words - 5

Argument - Essay Example nting of nuclear bombs, religious discrimination, and gender discrimination is unscrupulous, its consequences and what is to be done to correct the same? The discrimination against African Americans in America is a burning issue. One cannot neglect the seriousness of discrimination based on racism against blacks in a multiracial, multilingual and multicultural society. The Civil War was an innovative movement which aimed to eradicate racism or discrimination in America. But still discrimination against blacks based on racial feeling prevails. The Colfax massacre in 1873 and Coushatta massacre in 1874, in which thousands of African Americans were brutally murdered prove that the American society still show discrimination against blacks. Assimilating a race into the society and showing discrimination is not fair for a developed society like America. When America is discriminating the blacks, their contribution/service provided at the time of World War I and World War II is ignored. The discrimination against backs is unethical and immoral. Discrimination based on caste, color or creed is a serious violation of human rights because it is against human dignity. But it can be corrected by reconsidering the age old prejudice against blacks. Besides, it will badly affect the reputation of the American society as a multiracial society which is capable to assimilate different types of races into the mainstream. The nuclear weapon policy of the United States attracts much criticism from other nations because it seems to hinder global peace and security. From one side, the United States is trying to sustain its nuclear bombs/weapons. On the other side, it is trying to blame other nations for keeping nuclear weapons. A nation, protecting a number of nuclear weapons and blaming other nations on keeping the same makes the whole world to reconsider their nuclear policies. Schwartz (1998), in the work -‘Atomic audit: the costs and consequences of U.S. nuclear weapons since

Leading a Multicultural Team through a Change Process Research Paper

Leading a Multicultural Team through a Change Process - Research Paper Example This research will begin with the statement that multicultural teams have become a common occurrence in the recent times and with the ease of cross-border mobility that is being experienced, people move from one country to another in rates that are increasing. This has developed intermarriages between the people that come from different cultural backgrounds where the children born grow up in different countries and have cultural identities that can be perceived to be a hybrid. Globalization and internationalization, as well as improvements in the transport and communication industry, have decreased the trade restrictions that traditionally existed which have increased interaction among people. There is a significant increase in the number of multicultural teams in organizations these days, which has to lead to the modern international literature identifying that the management of the cultural teams is an important attribute of human resource management. Studies have directed their at tention on the positive effects of employing multicultural teams are utilized since they are seen to be more efficient than the mono-culture teams in the situations that need more than a single skill and judgment. Leadership in the organizational work teams has developed to become one of the most common and quickly growing areas of the leadership theory and research where a group of a particular type that is composed of members who depend on each other and have mutual goals who must coordinate their activities to accomplish the tasks at hand.

How Will Bitcoin Impact Banks and Finance Structures?

How Will Bitcoin Impact Banks and Finance Structures? What is finance, and how does cryptocurrency fit in to our current understanding of it: At the start of the unit, one of the first concepts we were asked to consider was a point that is highly contended – a philosophical question which has never borne more significance than it does today, with the recent emergence and explosive growth of cryptocurrencies. We were asked to consider what finance was, and how it fit into society. Now it would be prudent to ask what finance is, and how cryptocurrencies fit in to our current understanding of it. Let me start to answer this with a brief description of ‘fiat’ currencies, or legal tenders, with no material value or value redeemable for commodities. Historically, the value of a nation’s currency was pegged against a commodity with well-established value, such as gold or silver. This was the case for the majority of currencies up until 1971, when Richard Nixon decoupled the US dollar from gold. Supply and demand determines the value of fiat currency. Governments can control how much is in circulation and control the value of money as well as inflation. One of the biggest downfalls of cryptocurrency according to its critics, is the inability of more tokens to enter circulation when demand is high. The total amount of Bitcoin, is limited by a digital production process analogous to precious metal mining, which can stop its value from being eroded by systematic over-production and debasement as has been the case with numerous fiat currencies historically.18 This inability to react to demand causes sharp volatility in the value of cryptocurrency, making them unreliable stores of value. This has been most evident with the steep spikes in Bitcoin value since the beginning of the year. Conversely, as fiat currencies are not linked to physical reserves, they risk becoming worthless due to  hyperinflation. If people lose faith in a nations paper currency, the money will no longer hold value. Fiat money serves as a good currency if it can handle the roles that an economy needs of its monetary unit: storing value, providing a numerical account and facilitating exchange. Because fiat money is not a scarce or fixed resource like gold, central banks have much greater control over its supply, which gives them the power to manage economic variables such as credit supply, liquidity, interest rates and money velocity. Cryptocurrencies on the other hand do not serve as a currency for one particular nation, and are not controlled by any government body either. Instead they employ what is known as blockchain technology, which is a form of digital ledger that is maintained by all the users of the network. An on-going record of all transactions is kept and added to, each time a new transaction occurs. Despite this however there is an inherently high level of anonymity, given that bitcoin, tezos etc. addresses are not linked directly to any person or entity. This also gives way to several problems for governments which are unable to control inflation or the amount of cryptocurrency in circulation, declaration of earnings and tax, prohibition of trading illegal goods and money laundering. There are several safe-guards in place to ensure against ‘double-spending’ and other fraudulent activities however which are built in to the blockchain technology. Further, as a result of this peer-to-peer network in which cryptocurrencies operate, there is no single point of failure, making it very difficult for the system to collapse.17 What potential effects will the use of cryptocurrency and decentralising of currency have, particularly on banks? The total value of all cryptocurrency in circulation is now  ~$200 billion USD3. Even though this is almost double the value it was in July, it is still trumped by the value of paper USD issued by the U.S. Federal Reserve, which alone amounts to about $1.4 trillion. We are therefore nowhere near the point yet where cryptocurrencies pose a credible threat of supplanting central-bank-issued money. Nonetheless it is worth thinking through some of the implications if something like Bitcoin (which has about a 45% market share of all cryptocurrencies) were to wholly or even partially supplant central bank fiat currency. The agreed protocols that govern Bitcoin, Tezos and other cryptocurrencies, are effectively their monetary policy. In exchange for mining blocks of bitcoins and consuming computing power to verify the legitimacy of transactions, Bitcoin â€Å"miners† get paid in Bitcoin. These rewards increase the supply of Bitcoin, though the increase in Bitcoin money supply is inhibited by the increasing difficulty of verifying transactions. Increasing computational power is required to verify each transaction and mine new blocks to create new Bitcoins, meaning that the total supply of coins is gradually approaching the limit of ~ 21 million coins (currently there are ~16.5 million in circulation). Fiat money has its own protocols that stabilise inflation using interest rates and bond-buying, and the money supply that results from this is generally ignored. With cryptocurrencies however, money supply does not respond to shifts in money demand and with a relatively fixed supply, large fluctuations in value and prices result (in the preceding 11 months the price of bitcoin has soared almost 8 fold5). This some argue, is specifically the reason Bitcoin and other cryptocurrencies will not take over2 and makes Bitcoin impractical as a money. Cryptocurrencies however have proven to be a useful alternative to traditional reserve currencies in places with poor monetary policy and weak banks. In Kenya for example, 1 in 3 people own a bitcoin wallet1, while in India, where recently there has been a significant shortage in cash supply, greater numbers of people have converted to the use of bitcoin.4 If a particular country were to adopt Bitcoin to replace its currency, the effects of doing so would likely be felt by others in a knock-on effect. A larger credit cycle in one country would mean larger booms and busts for its trading partners. Foreigners outside the country that adopted the cryptocurrency, may also opt to deposit directly within that country and desert their own country’s banks in doing so – this could affect the flow of capital into and out of a their home country, further amplifying the credit cycle. The latest difficulties with Bitcoin make the prospect of a crypto currency takeover seem fanciful at the moment, but if solutions to these problems were found or a new currency were devised with better protocols, central banks would have to resolve these dilemmas one way or another. Financial history – what can we learn from historical bubbles and is it reasonable to foresee the current growth as sustainable?: An  economic  or  asset bubble,  is trade in an  asset  at a price or price range that strongly exceeds the assets  intrinsic value.  It could also be described as a situation in which asset prices appear to be based on implausible or inconsistent views about the future19. The general consensus among industry professionals, is that the current cryptocurrency market is in an unsustainable phase of bubble growth6,7. There were 30 ICOs each launching new cryptocurrencies in July, then more than 50 in August. Part of this mania is based on speculation. But its also clear that there has been departure from a fundamental assumption of what a cryptocurrency originally was – a scarce digital commodity where the value derived from its scarcity. To be frank, if more than one hundred new sources of this digital commodity have been launched since June, then the concept of scarcity, and therefore the supposed inherent value, begins to erode. In fact, many of these newer cryptocurrencies will need to fail in order to maintain the value and viability of the most widely used currencies, bitcoin and ether. These look to remain viable over the intermediate and perhaps long-term, though not necessarily at the current prices. History has shown us that the majority of cryptocurrencies fail dismally at some point soon after their conception16. Only a select handful have shown consistent growth over the last few years. Bitcoin itself has crashed significantly several times. Even so, though the core blockchain technology left behind others, will provide value as a hidden infrastructure underlying future applications. Though bitcoin has seen astronomical growth over the last year one of the major problems in its use is the extreme volatility in its value. On April 8th 2013 for example, Bitcoin was valued at $215 USD, eight days later this figure dropped to $63 USD then seven months after this its price soared to $1,200 USD. This volatility was in hindsight partly a consequence of strong speculative demand from buyers for a new and unknown technology.   There are however, more fundamental problems that cause the value of Bitcoin to fluctuate. The algorithm that controls supply prevents the amount of Bitcoin from expanding to meet increases in demand. This inelasticity in supply leads to price variations and also encourages speculation and excessive volatility, all of which render it unreliable as a store of value.7 The cryptocurrency market is new and being filled with new currencies almost daily. As competition develops however and with little history, few can value them correctly, forecast which currencies will succeed, and whether they are all part of a larger bubble that will eventually burst. History has shown however that new financial instruments are the authors of financial bubbles – be they options for tulip bulbs in the 1630s, fiat money in the Mississippi bubble of the 1700s, stock in the South Sea bubble, leverage in 1929 or collateralised debt instruments in the credit crunch of 2007, the problem was the world was behind the knowledge curve of the instrument and the power of greed drove the market wild and finally into collapse.8 It would therefore not be unusual to see a similar crash with cryptocurrencies in the near future. Cryptocurrency regulation How is it possible to regulate an online currency based globally?: In short, it isn’t. The whole premise of cryptocurrencies is that they are decentralized and ungoverned by any one government, but rather managed by a peer-to-peer network of users worldwide. The focus has thus shifted to the soundness and legality of investing in them through means such as ICOs and derivatives markets. In the largely unregulated world off cryptocurrencies, one issue remains at the forefront of the attention of regulators such as the SEC (in the U.S.) and ASIC (in Australia), and that is in the nature of ICOs, whether they are seeking genuine donations for the development of software, or whether they are in fact shares in a company or other investment, which contributors hope to redeem at a future date for financial benefit – an illegal and unregulated speculative investment. Initial coin offerings have raised $3.6 billion USD so far this year15 with several currency developers generating vast amount of capital in a matter of hours with little more than a website and a promise of a revolutionary new product. This unchecked source of crowd-funding has been banned by several governments, as other countries’ regulatory bodies such as the SEC and ASIC, have developed their own policies regarding these offerings. On September 4th, China banned investment in ICOs citing breaches of securities laws and â€Å"disruption to economic and financial order†13, and moved to shut down cryptocurrency exchanges also.13 In July, the U.S. Securities and Exchange Commission required companies to register ICOs in the same fashion as IPOs14. Following this ruling on September 29th, the SEC charged two companies with fraud and selling unregistered securities after running successful ICOs that collected more than $300,000 USD14. Substantial efforts have been made to legitimise cryptocurrency offerings by law firms such as Cooley in New York and others with vested interests in making ICOs work. Cooley attests that it has developed a â€Å"simple agreement for future tokens† (SAFT) framework that will allow token sales to be compliant with US securities laws. This is important given that several major ICOs had excluded US individuals from participating given the then-standing issues with the SEC. If by applying the SAFT framework the SEC is satisfied, then US investors would have access to more ICOs providing a major source of capital to them. The basic premise of the Simple Agreement of Future Tokens (SAFT) is that the cryptotoken fail the Howey test, a measure of whether a financial instrument is in fact a security. In order for tokens to fail the test and not be considered securities, they must be delivered to investors only after a functioning product or service is in place. â€Å"The network and the token must be genuinely useful such that they are actually used on a functional network,† according to Cooley’s framework. To date ICOs have delivered tokens to investors before the launch of the underlying currency, meaning that the only real function tokens could have use for would be in trading in secondary markets, blatantly classifying them as securities.   In the case of Tezos, investors bought into the project hoping that the Tezos platform would be built successfully, and that by owning the tokens, also yet to be created, they would become stakeholders able to shape the final platform. One particular case highlights the blatant regulatory arbitrage which is plain for all to see, and which the founders of Tezos attempted to disguise by consistently referring to their ICO contributions as â€Å"non-refundable donations†, in order to make ambiguous the nature of the security they were offering. Tim Draper, one of the main venture capital backers, when asked by Reuters how much he had donated replied â€Å"You mean how much I bought? A lot.† In Australia, ASIC released a decisive factsheet on ICOs and their position, stipulating that ICOs must be conducted in a manner that â€Å"promotes investor trust and confidence, and complies with the relevant laws†11. ASIC has also warned that the Corporations Act may apply to an ICO depending on the rights that attach to the coin from the ICO itself, rights to underlying coins or rights on tokens used in the ICO. Likewise, ASIC has also made it clear that if an ICO is conducted to fund a company, then the rights attached to the coins issued by the ICO may fall within the definition of a share. Where it appears that an issuer of an ICO is actually making an offer of a share, the issuer will need to prepare a prospectus as for any other IPO11, which will allows investors the safeguard to withdraw their investment before the shares are issued should there be misleading or deceptive information in the prospectus.    Lastly it is worth noting that some ICOs have been described by their initiators as a form of crowd funding. In Australia, ASIC has made a clear distinction between crowd funding using an ICO and crowd-sourced funding (CSF) that has been regulated by the Corporations Act since 29th September 201711. Under the new laws, CSF will be a financial service where start-ups and small businesses raise funds, generally from a large number of investors that invest small amounts of capital. There will be specific rules for conducting CSF with fewer regulatory requirements than ICOs, while maintaining investor protection measures. This is particularly of importance in the case of Tezos, where the developers sought â€Å"donations† to fund the development of their network, a deliberate misrepresentation which would now be both illegal and arguably unethical in Australia. REFERENCES: https://www.huffingtonpost.com/ameer-rosic-/7-incredible-benefits-of-_1_b_13160110.htmlhttps://ftalphaville.ft.com/2017/06/07/2189849/guest-post-the-consequences-of-allowing-a-cryptocurrency-takeover-or-trying-to-head-one-off/https://coinmarketcap.com/all/views/all/https://news.bitcoin.com/bitcoin-demand-rise-cash-run-dry-india/https://au.investing.com/currencies/btc-aud-historical-datahttps://www.coindesk.com/comes-cryptocurrency-bubble/http://www.cityam.com/1408388669/why-bitcoin-won-t-be-money-future-cryptocurrencies-might-behttps://www.forbes.com/sites/investor/2017/05/31/cryptocurrency-is-a-bubble/#4501c7dc33b1https://www.bloomberg.com/news/articles/2017-09-27/cryptocurrency-derivatives-you-bet-this-trader-has-295-returnhttps://ftalphaville.ft.com/2017/10/19/2195028/trouble-in-ico-paradise/http://asic.gov.au/regulatory-resources/digital-transformation/initial-coin-offerings/https://qz.com/1091812/the-secs-ico-crackdown-may-be-avoided-by-the-saft-legal-framework/https://techcrunc h.com/2017/09/04/chinas-central-bank-has-banned-icos/https://coinidol.com/icos-to-be-regulated-as-ipos-in-the-us/https://www.coinschedule.com/stats.phphttps://bitcoinexchangeguide.com/deadcoins/https://bitcoin.org/en/how-it-workshttps://3decuj2tc6bl1oljdt3zfwbb-wpengine.netdna-ssl.com/wp-content/uploads/Currency-Debasement.pdfhttps://en.wikipedia.org/wiki/Economic_bubble

Maximum Megaherzt Case Study

Magali Ekome Ndong MGT 4330 Dr. Margaret Shipley Tuesday November 6th 2012 Case#4 Maximum Megahertz Project Maximum Megahertz Olaf Gundersen, CEO of Wireless Telecom Company, is facing a difficult situation. He accepted a project proposed by 6 of his cleverest R&D specialist, The Maximum Megahertz project. This project is now behind. In order to get out of this â€Å"quandary† and avoid such issues in the future, Olaf Gundersen and his team should ask themselves these questions. How can they learn from their mistake? How to identify a risky project and put an end to it?This particular case is related to chapter 14 of our textbook. This chapter deals with project closure or what to do when your project is done. Although here our project is not done, these chapters discuss the main reason why it is so. It is said on page 505 of the textbook, â€Å"the closure phase is as important as any other phase of the project. Observation tells us that organizations that manage closure and review well prosper. Those who don’t tend to have projects that drag on forever and repeat the same mistake over and over†.It is said in our case that this project is not the first one Olaf and his company as difficulty with. Matter of fact, there were three other projects that could not be completed in the last 5 years. The CEO kept on investing resources into these projects knowing that they were dead end. We can therefore, affirm that Olaf did not learn from his mistakes. He needs to include in his future plan of action a review stage after each project completion. Here, we seem to have a â€Å"perpetual† project which is a never ending project.For instance, completing this project will take 6 additional months when it is already 4 months late. Also, this project initially demanded $600,000 and now requires $800,000 more. The team faces numerous issues such as power reduction, speed increase and use of a new technology battery. In regard to all the informatio n given, I will suggest that Olaf puts an end to this project. He could certainly pour more resources into the project, but doing so will not be a wise decision, in regard to his past failures.Also, Olaf is already discouraged and unmotivated about this project â€Å"his gut feeling tell him the project will never materialize, and he should get out†. In other to avoid having the same issues down the road, Olaf and his team need a plan of action. In this plan he first needs to review past projects and identify recurring issues. For that, he should hire and independent facilitators that will review previous or current projects that will draw lessons learned and advise on future procedures.Second, he needs to evaluate his team members and look for any issues such as effectiveness of group decision, problem solving processes, group cohesion and quality of information exchanged as suggested in our textbook page 512. Also, before accepting any new project, Olaf should make sure he understands all the parts and that his Telecom Company is fit to fulfill the project. An article by Ted Klastorin and Gary Mitchell, suggest that planning is a critical step in project completion.We can read from this extract from the article, Optimal project planning under the threat of a disruptive event, â€Å"A critical part of most project plans is a baseline schedule (or pre-schedule; Herroelen, 2007; Van de Vonder et al. , 2007) that is frequently used for timing resource allocation decisions in supplier contracts as well as communicating with project stakeholders and setting benchmarks for project monitoring and control. The importance of defining stable baseline schedules has been recognized by the Project Management Institute (Project Management Institute, 2008)†.Furthermore, this article adds that â€Å"Given the importance of baseline schedules in the planning process, researchers and practitioners have focused on methodologies for finding schedules that are robu st to random durations†. In this article, the authors propose a model or formula to use in case of disruption as follow â€Å"In this article, we introduce a problem faced by managers who are planning complex projects; that is, how should project managers react when faced with the threat of a possible DE that would stop all work on the project for a given period while overhead and indirect costs continue to accrue?While this problem is related to previous work on project risk, our model analyzes policies that minimize expected total costs under very general conditions†. Although we will not go in dept. into the model, but we are here assure that they ways to effectively deal with disruptions. In conclusion, Olaf should step out of this project and refrain from engaging in any new ones before he consults a review committee that will help highlight the errors he has made in the past. Also, we suggest that looks closer at his planning strategy and eview his team. Works Cit ed Case Megahertz Project page 530 Project Management: the managerial process Erik W. Larson, Clifford F. Gray, 5 ed. Chapter 14 Project Closure pages 504-531 Project Management: the managerial process Erik W. Larson, Clifford F. Gray, 5 ed. Optimal Project Planning under the Threat of a Disruptive Event, Ted Klastorin, Gary Mitchell IIE Transactions Vol. 45, Iss. 1, 2013 ABInform http://wj2gn4jw9z. search. serialssolutions. com. ezproxy. uhd. edu/? ctx_ver=Z39. 8-2004&ctx_enc=info:ofi/enc:UTF-8&rfr_id=info:sid/ProQ%3Aabiglobal&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft. genre=article&rft. jtitle=IIE+Transactions&rft. atitle=Optimal+project+planning+under+the+threat+of+a+disruptive+event&rft. au=Klastorin%2C+Ted%3BMitchell%2C+Gary&rft. aulast=Klastorin&rft. aufirst=Ted&rft. date=2013-01-01&rft. volume=45&rft. issue=1&rft. spage=68&rft. isbn=&rft. btitle=&rft. title=IIE+Transactions&r

How to Identify a Target Market Essay

In this part of my P2 course work, I have been asked to identify the target market by preparing an information pack about the target market, for my potential investors and also make a good question for my business survey. Market Research Market Research is a systematic, objective collection and analysis of data about a particular target market, competition, and/or environment. It always incorporates some form of data collection whether it is secondary research (often referred to as desk research) or primary research which is collected direct from a respondent. Purpose of Market Research The purpose of any market research project is to achieve an increased understanding of the subject matter. With markets throughout the world becoming increasingly more competitive, market research is now on the agenda of many organisations, whether they are large or small. Market research is also one of the most important pieces to your marketing plan that will determine how you will speak with these customers, where to find them, how to best convert them into your customer and retain them as a customer. There are two types of market research 1. Primary research / Field 2. Secondary research / Desk Primary Research When marketers conduct research to collect original data for their own needs it is called primary research. This process has the marketer or someone working for the marketer designing and then carrying out a research plan. Primary research is also collected in a research â€Å"instrument† designed to record information for later analysis. Marketing researchers use many types of instruments from basic methods that record participant responses to highly advanced electronic measurement where research participants are connected to sophisticated equipment. Primary research also refers to information that is directly collected from the source. Another simple method of primary research would be to directly talk to your customers and get their feedback. Primary research can be both qualitative and quantitative. Method of primary research Questionnaire – Questionnaires are one the main tools in the use of field research. A questionnaire contains a series of questions which gather primary marketing research data for the business. A face-to-face questionnaire might include different questions to an emailed questionnaire. An interviewer will be filling in a face-to-face qu estionnaire and the person may be able to ask for the question to be rephrased if they do not understand it the first time. Online surveys- Increasingly popular and relatively low cost, online surveys are widely used by small businesses as a way of capturing the views of existing and potential customers. Face-to-face surveys – Personal interviews conducted face-to-face is a costly, but good way to get detailed insights from an individual. Secondary Research Secondary research is a data that already exists and has been collected by someone else for another purpose. Secondary research involves the investigation of secondary sources of data. Sources of secondary data can come from within the firm itself – this is known as internal secondary data. External secondary data, on the other hand, is data that has been published by other organisations. Methods of secondary research Secondary Sources include journal articles, books, encyclopaedias, dictionaries, reviews, newspaper articles, specific essays, etc. Most research papers are based on secondary sources as they build on the research or studies others have done. It’s usually published in pamphlets, newsletters, trade publications, magazines, and newspapers. Secondary sources include the following: * Public sources. These are usually free, often offer a lot of good information, and include government departments, business departments of public libraries, and so on. * Commercial sources. These are valuable, but usually involve cost factors such as subscription and association fees. Commercial sources include research and trade associations, such as Dun & Bradstreet and Robert Morris & Associates, banks and other financial institutions, and publicly traded corporations. * Educational institutions. These are frequently overlooked as valuable information sources even though more research is conducted in  colleges, universities, and technical institutes than virtually any sector of the business community. My name is Mba Nduka Amogu. I am a Business studies student at Whitefield. I would like to take a few minutes of your time by completing my questionnaire for my business studies course work about my business survey. 1. Are you male or female? Male Female 2. Which age range are you? Under 20 21-30 31-40 40-above 3. Do you live within this area? Yes No 4. Would you like to visit our fruit shops if provided? Yes No 5. If our new shops were available today, how likely would you be to visit instead of visiting other fruits shops currently available from other companies? Very Likely Moderately Likely Slightly Likely Not at all likely 6. If you are not likely to visit our shop why not? Do not like our services Satisfied with other competing fruits shops currently available Cannot pay for our services and products Not willing to pay or shop with us 7. How important is it convenient to you, when choosing our products? Extremely important Very important Moderately important Slightly important Not at all important 8. Overall are you satisfied with your experience, shopping with us? Extremely satisfied Moderately satisfied Slightly satisfied Neither satisfied nor dissatisfied Slightly dissatisfied Moderately dissatisfied Extremely dissatisfied 9. If our new products were available today, how likely would you be to recommend it to other? Extremely Likely Very Likely Moderately Likely Slightly Likely Not at all likely 10. If our new service were available today, how likely would you be to use it instead of competing service currently available from other companies? Extremely Likely Very Likely Moderately Likely Slightly Likely Not at all likely 11. If you are not likely to use our new service, why not? Do not need a service like this Do not want a service like this Satisfied with competing service currently available Cannot pay for a service like this Not willing to pay for a service like this 12. How important is it convenient for you, when choosing a service this type of service? Extremely important Very important Moderately important Slightly important Not at all important 13. Overall are you satisfied with your experience using our new service? Moderately satisfied Slightly satisfied Neither satisfied nor dissatisfied Slightly dissatisfied Moderately dissatisfied Extremely dissatisfied 14. If our new service were available today, how likely would you be to recommend it to others? Extremely likely Very likely Moderately likely Slightly likely Not at all likely 15. How often will you visit my shop if available, having different variety of fresh fruits and vegetables for sell? Daily Weekly Monthly Quarterly In My questionnaire I interviewed a total of 20 people. Below displays the results of each question individually. 1. Are you male or female? * Male8 * Female12 2. Which age range are you? * Under 2010 * 21-305 * 31-403 * 40-above2 3. Do you live within this area? * Yes16 * No4 4. Would you like to visit my fruit shops if provided? * Yes12 * No8 5. If my new shop were available today, how likely would you be to visit instead of visiting other fruits shops currently available from other companies? * Very Likely6 * Moderately Likely5 * Slightly Likely4 * Not at all likely5 6. If you are not likely to visit my shop why not? * Do not like my services7 * Satisfied with other fruits shops currently available3 * Cannot pay for my services and products5 * Not willing to pay or shop with us6 7. How important is it convenient to you, when choosing my products? * Extremely important7 * Very important4 * Moderately important5 * Slightly important3 * Not at all important1 8. Overall are you satisfied with your experience, shopping with me? * Extremely satisfied9 * Moderately satisfied4 * Slightly satisfied3 * Neither satisfied nor dissatisfied0 * Slightly dissatisfied3 * Moderately dissatisfied1 * Extremely dissatisfied0 9. If my new products were available today, how likely would you be to recommend it to other? * Extremely Likely4 * Very Likely6 * Moderately Likely3 * Slightly Likely4 * Not at all likely4 10. If my new service were available today, how likely would you be to use it instead of competing service currently available from other companies? * Extremely Likely5 * Very Likely3 * Moderately Likely2 * Slightly Likely 7 * Not at all likely3 11. If you are not likely to use my new service, why not? * Do not need a service like this10 * Do not want a service like this 1 * Satisfied with competing service currently available 0 * Cannot pay for a service like this 2 * Not willing to pay for a service like this7 12. How important is it convenient for you, when choosing a service this type of service? * Extremely important13 * Very important3 * Moderately important2 * Slightly important1 * Not at all important1 13. Overall are you satisfied with your experience using my new service? * Moderately satisfied15 * Slightly satisfied0 * Neither satisfied nor dissatisfied1 * Slightly dissatisfied2 * Moderately dissatisfied1 * Extremely dissatisfied1 14. If my new service were available today, how likely would you be to recommend it to others? * Extremely likely10 * Very likely3 * Moderately likely2 * Slightly likely2 * Not at all likely3 15. How often will you visit my shop if available, having different variety of fresh fruits and vegetables for sell? * Daily15 * Weekly1 * Monthly2 * Quarterly3 1. The Gender of the people interviewed for my business surveys This pie chart shows the gender of people I interviewed for my business survey, which shows that 40 percent of them are male and 60 percent of them are female. 2. The age range for the people I interviewed for my business survey. This pie chart shows the age range for the people I interviewed for my business survey, which shows that 50 percent of the people I interviewed are under 20, 10 percent of them are 40 above, 15 percent of them are between 31 – 40 and 25 percent of them are between 21-30. 3. This is people that live and doesn’t live in that area but were interviewed by me for my business survey. This pie chart shows the people that live and doesn’t live in that area but they were still interviewed by me because of my business survey, which shows that 20 percent of the people I interviewed don’t live in this area and 60 percent of them live in this area. 4. Would you like to visit my fruits shops if provided? This pie chart show the amount of people who are willing to make a visit to my shops when they are provided and also people who are not willing to make a visit to my shop, which shows that 40 percent of the people I interviewed are not willing to visit my shop and 60 percent of them are willing to visit my shop. 5. If my new shop were available today, how likely would you be to visit instead of visiting other fruits shops currently available from other companies? This pie chart shows the range of people who are willing to make themselves regular customers to my shop and also visit my shop regularly, which shows that 30 percent of the people I interviewed are very likely to visit my shop, 25 percent of them are moderately likely, 20 percent of them are slightly likely and 25 percent of them are not likely at all to visit my shop. 6. If you are not likely to visit my shop why not? This pie chart shows the reasons about people who are not likely to visit my shop and why they are not likely to visit my shop, which shows that 33 percent of the people I interviewed do not like our service, 14 percent of them are just satisfied with other fruits shops currently available, 24 percent of them cannot pay for our service and products and 29 percent are not willing to pay or shop with us. 7. How important is it convenient to you, when choosing my products This pie chart show how important it is convenient for people when choosing my product, which shows that 35 percent of the people I interviewed said that my product are extremely important to them, 20 percent said it is very important to them, 25 percent said it is moderately important to them, 15 percent said it is slightly important to them and 5 percent said it is not important to them at all. 8. Overall are you satisfied with your  experience, shopping with me? This pie chart shows the overall rate of people who satisfied or dissatisfied with shopping with me, which shows that 45 percent of the people I interviewed are Extremely satisfied with shopping us, 20 percent of them are moderately satisfied, 20 percent are of them are moderately satisfied, 15 percent of them are slightly satisfied 0 percent of them are neither satisfied nor dissatisfied, 15percent of them are slightly dissatisfied, 5 percent of them are moderately dissatisfied and 0 percent are extremely dissatisfied. 9. If my new product were available today, how likely would you be to recommend it to others? This pie chart shows the people who are likely to recommend my product to others if it was available, which shows that 19 percent of the people I interviewed are extremely likely to recommend my products to others, 29 percent of them are very likely, 14 percent of them are moderately likely, 19 percent of them are slightly likely and 19 percent of them are not likely at all to recommend my product to others. 10. If my new service were available today, how likely would you be to use it instead of competing service currently available from other companies? This pie chart shows the people who are happy and likely to use my services, which shows that 25 percent of the people I interviewed are extremely likely to use my services instead of competing services from other companies, 15 percent of them are very likely to use my service, 10 percent of them are moderately likely to use my service, 35 percent of them are slightly likely to use my service and 15 percent of them are not likely at all to service my service provided. 11. If you are not likely to use my new service, why not? This pie chart shows people, who are not likely to use my service and why  they are not likely to use it. It shows that 50 percent of the people I interviewed do not need a service like this, 5 percent of them don’t want a service like this, 0 percent of them are satisfied with competing service currently available, 10 percent of them cannot pay for a service like this and 35 percent of them are not willing to pay for a service like this. 12. How important is it convenient for you, when choosing a service this type of service? This pie chart shows how important it is convenient for people when choosing this type of service, which shows that 65 percent of the people I interviewed, said that my service is extremely important to them, 15 percent of them said it very important, 10 percent of the said it is moderately important, 5 percent of them said it is slightly important, and 5 percent of them said that my service is not important to them at all. 13. Overall are you satisfied with your experience using my new service? This pie chart shows the overall rate of people who are satisfied or dissatisfied with my service, which shows that 75 percent of the people I interviewed are moderately satisfied with my service, 0 percent of them are slightly satisfied, 5 percent of them are slightly satisfied nor dissatisfied, 10 percent of them are slightly dissatisfied, 5 percent of them are moderately dissatisfied, and 5 percent of them are extremely dissatisfied with my service. 14. If my new service were available today, how likely would you be to recommend it to others? This pie chart shows the people who are likely to recommend my new service to others if it was available, which shows that 50 percent of the people I interviewed are extremely likely to recommend my new service to others, 15 percent of them are very likely, 10 percent of them are moderately likely, 10 percent of them are slightly likely, and15 percent of them are not likely at all to recommend my new service to others if available. 15. How often will you visit my shop if available, having different variety of fresh fruits and vegetables for sell? This pie chart shows the total amount of people who are willing to visit my shop daily, weekly, monthly, or quarterly, which shows that 71 percent of the people I interviewed are happy to visit my shop daily, 5 percent of them are happy to visit my shop weekly, 10 percent of them are happy to visit my shop monthly and 14 percent of them are happy to visit my shop quarterly. My Target Market My Market target is for the children, Tourist and adults to be aware of the current advice of five portions of eating different fruits and vegetables a day. Because fewer of us know that five portion should come from a variety of sources every day, so that they gain the maximum benefit from fruit, eat it fresh and if the skins are edible, eat them too and also help people balance their vegetable intake between the orange/red and green varieties. Conclusion In this part of my P2 Coursework, I have identified my target market by doing a market research for my business and preparing a questionnaire for my business survey to get people reactions towards my business.