Wednesday, July 31, 2019

Student Response Essay 1

Student Essay #1 Response In her essay about rollercoasters, Kendall Anderson explains how rollercoasters came to be so popular, are constantly improving in style and technology, and are always leaving us wanting more thrills. I actually enjoyed reading this essay, it was very informal and included interested facts, like about the person who rode on a rollercoaster for a ridiculous amount of hours, and about how there are very few deaths on rollercoasters that are usually just from the medical conditions of the person who went on the coaster.I felt like I could really believe this person about their knowledge and explaining rollercoasters and how they work and how they are made and what makes them so fun with all their appeal to logos, especially when I looked at the works cited page. I found that on the works cited page that Anderson used sources from articles from using Academic search premier and journals such as Popular Mechanics, which are reliable sources and not full of bogus information.She used her sources very effectively as she paraphrased and summarized appealed greatly to logos and providing facts about rollercoasters to explain all the interesting things about them that make you further interested in rollercoasters. I could really tell that she did her research and wasn’t just claiming things about rollercoasters that she couldn’t back up with warrant and facts, which made me believe her. I could tell that she was paraphrasing and summarizing when she included her source in parenthesis at the end of whatever she paraphrased about rollercoasters.What surprised me in her essay was all the interesting facts she included, like when she talked about not only the rollercoasters, but the rollercoaster riders themselves and the many rollercoasters they attempt to ride and for the crazy lengths of time they ride them for, and even the age of the majority of the people in ACE was surprising to me. I found the topic of rollercoasters intriguing to read about since they are a thrill to me, so that is why I even chose to read Anderson’s essay, which in the end I found very informal, interesting, and enjoyable to read.

Tuesday, July 30, 2019

Cunninghams vs Ewells

During the great depression of the1930s there were many families who couldn't make ends meet. How each family copes with their struggles during hard times, has always been a source of great topics for many writers. One such author is Harper Lee who wrote â€Å"To Kill A Mocking Bird†. In the book the author writes of several families, who were going through those hard times. Two of the families in particular stood out for me, the Cunningham and Ewells. Although they did share some things in common they were very different. The equalities were few, and aside from being from the country, having lots of children and having had trouble with the law, the similarities ended. The Cunninghams were from the outskirts of Maycomb, a place called Old Sarum. Apparently this was land that existed in their family for generations. They were considered poor by Maycomb's standards but still tried to make it. Although most of their land had been repossessed and mortgaged, they still owned some. Their land was the primary means of supporting the family and, since money was scarce, many times they would use some of their crops to barter for other necessities or services. The Cunninghams were very proud and hard working people and accepted nothing that was given to them, unless they earned it. For example Mr. Atticus Finch provided legal services to the Cunninghams and did not expect payment of any kind. Mr. Walter Cunningham, however, brought Atticus various things from his farm throughout the year until he reached a point which he considered fair payment for his services. These actions earned the Cunninghams the notion of being proud and honest people. The Cunninghams did have a run in with the law one time, which caused several of the boys to be sent to â€Å"prison†. The prison was more like a state industrial school, were the boys actually were fed and given an education. Some of them went on to higher education and became professionals. So once again they capitalized on an unfortunate event but, used it to progress. The Ewells on the other hand, despite being poor country folk, having many children and having trouble with the law were very different from the Cunninghams. They too, lived outside the town of Maycomb, but they lived in an old abandoned Negro's cabin behind the town dump. They were poor regardless of the economy phases. The Ewells primary source of income was from relief checks they received from the government. Most of the time Mr. Robert Ewell spent the family money on drinking. The Ewells were truly guests of the county of Maycomb. The Ewells children had little or no education. In fact the only reason the children went to school was to be able to continue receiving their relief checks. Since the requirement was that the children had to at least show up for the first day of school in order to collect the relief money, they sent their kids to school on the first day and that would be the extent of their school year. They did not make any strides to better themselves and resisted any help which would allow them to do so. The Ewells were very prejudice. They hated blacks. This is what led to their encounter with the law. But unlike with the Cunninhams, the Ewells were the plaintiffs. They accused an innocent man, Tom Robinson, a Negro, of rape. One time, Tom Robinson, went by the Ewell's cabin and helped Mayella Ewell with a house chore, only to find an enraged Robert Ewell charging towards the cabin. It was then that Tom Robison was thrown in prison and the Ewells began a trial which ended with the conviction of Tom Robinson and his death. It was clear to all of Maycomb that the Ewells were the type of folk to stay away from and most did. Except for one time when Boo Radley came to the deffense of Jem and Scout Finch who were being attacked by a drunk, Mr. Bob Ewell. On that day Mr. Bob Ewell was found dead. The town sheriff called it an accident and no one was apprehended for his death. It is easy to see how two families can share some common traits but, be completely different human beings. The Cunninghams down on their luck because of the economy but, still trying to make it in an honest and proud fashion. The Ewells who were completely the opposite. They were lazy, dishonest, uneducated people and happy to live that way.

Monday, July 29, 2019

Causes and Treatments of Pedophilia Essay Example | Topics and Well Written Essays - 1250 words

Causes and Treatments of Pedophilia - Essay Example It is a controversial topic, one of both loathing and one of endearment; victims are marred, offenders gratified. The presence of pedophilia causes society to react, to always be on the defensive. Similarly, such a diseasing, injurious obsession is challenging to society for a number of reasons. For one, pedophilia is not easily detected--it is not visible. Even though the act itself is a physical one, the sexual desire that is present inside of an adult for a child is secreted from the world. Secondly, those that are afflicted with pedophilia are reluctant to come clean about their lust for children. Accepting responsibility for their actions is as demanding as acknowledging that their addiction to nonconsenting or even consenting children is unethical. Thirdly, monitoring pedophilia is problematical. The difficulty arises because the majority of pedophiles are not registered as sex offenders and have limitless access to children. In addition, children seem to be just as reluctant t o confess as the offender. Due to its insidiousness, pedophilia, arguably, produces great shame in the individual. Why else would most sex offenders choose to hide what they cherish the most from the rest of the world Pedophilia is onerous to everyone involved, children, parents of the children, the offender, and to psychological clinicians. ... DSM-IV-TR (Diagnostic and Statistical Manual of Mental Disorders) describes it as atypical sexual disorders typified by "recurrent, intense sexually arousing fantasies, sexual urges or behaviors generally involvingchildren or other nonconsenting persons that occur over a period of 6 months" (Malin, Paraphilias, 32). But, even with a clear definition of pedophilia, a precise or a specific answer to its cause remains blurred. It then becomes necessary to look beyond definitional answers and lean more towards the psychology of this particular disorder. Malin notes, some individuals that are laden with incontrollable sexual urges have these impulses as "a result of brain trauma, neoplasms, temporal lobe damage, or epilepsy and may manifest as hyposexuality or hypersexuality, particularly in men" (33). Accordingly, other "psychiatric conditions such as feeble mindedness" attribute to a heightened desire for sexual activity, i.e. "masturbation, or nocturnal pollutions" (33). These two part icular acts, masturbation and nocturnal pollution, give psychologists a foundation when attempting to determine certain causes for pedophilia, especially in seemingly normal persons. In a similar vein, masturbation, nocturnal pollutions, and pedophilia are unique. These are phenomena that seem to be associated with males more so than females, which generates another theory. In his study, Malin found that: such excessive stimulation need not always be intentional. For example, one theory enjoying some degree of acceptance in early psychoanalytic circles was that infants born to hereditary tainted mothers were predisposed to develop a fur fetish by coming into contact with their mother's pubic hair during birth (33). This, however, is the least likely cause.

Sunday, July 28, 2019

Spencer repeating Rifle Term Paper Example | Topics and Well Written Essays - 1250 words

Spencer repeating Rifle - Term Paper Example Although it had been used earlier, the rifle had only been issued for use in 1863 (Smithsonian Institution). The Spencer rifle can be considered as the main repeating carbine in the Civil War (Hackman â€Å"Common†¦Ã¢â‚¬  par.1). During the said period when rifles and carbines were common, the Spencer repeating rifle can be differentiated through certain features (Smithsonian Institution). One of the most distinct characteristic of the Spencer repeating rifle is the magazine that contains seven metallic rimfire cartridges. These are transferred by a spring in the magazine, which can be found at one end of the rifle, through a compressed spring (Smithsonian Institution). The cartridge is another fundamental identity of the rifle since it had been considered as the â€Å"first self-contained metallic cartridge† with the capability to be used in the military (Hackman â€Å"Common†¦Ã¢â‚¬  par. 4). During the development and introduction of the Spencer repeating rifle, there is a rapid modernization in terms of arms and facilities of war. The Civil War was even referred to as the initial step in the art of modern war. Along with the used of advanced communication techniques such as the telegraph and the rapid development of transportation, carbine and the repeating rifle can be considered as the most important technology in warfare of the era. The development of carbines and repeating rifles answered the need for the strengthening in warfare during the Civil War (Barloon 1131-32; Niepert par.1). The development and continuous enhancement of the carbine and repeating rifle innovation occurred through the Civil War. One of the most notable events in war is the â€Å"rapid firing breech loading carbines† in action. Through the said period of war, the carbines are continuously improved which involved development on different parts such as the cartridge (Niepert par.2). This can be considered as the main identity of the Spencer repeating rifle. The

Saturday, July 27, 2019

Research Study on the Position of the Unites States in World Politics Paper

Study on the Position of the Unites States in World Politics - Research Paper Example ormation of a nation’s view about its importance and role in the world, but also, and perhaps more importantly, determine the manifestations of thus conceived role in trade, culture, diplomacy or war2. In the realm of world politics, however, the position of a state in the international system, along with interstate interactions, is the subject matter of a particular area of study, namely International Relations, usually defined as protracted competition between realist, liberal and radical traditions, or schools of thought3. Realism, as the dominant theoretical tradition throughout the second half of the twentieth century, most notably the Cold War, describes international affairs as â€Å"a struggle for power among self-interested states† within an anarchic environment, where each state seeks to survive on its own4. Liberalism, in turn, includes various theories such as some that regard the interactions between domestic actors – either in the political, societal or economic spheres – as the most important explanatory factors, as well as others that are predominantly focused on political constitutions, economic systems or dominant ideologies5. This paper is intended to examine the set of domestic and international factors and developments that brought about or/and facilitated the US rise to the position of global superpower during the twentieth century, in order to determine whether or not the country is able to retain this position in the years or decades to come. Being based on historical evidence, as well as taking into consideration the theoretical discourse on the basic forces that shape international outcomes6, the paper attempts an insight into China’s ability to challenge or successfully contest the current US supremacy. Historians widely agree that America’s isolationism from the early twentieth century, i.e. from the 1920s to 1940s, should be ascribed to then domestic political priorities such as the commitment to economic development and

Friday, July 26, 2019

Personal Statement on Ethics Essay Example | Topics and Well Written Essays - 1000 words

Personal Statement on Ethics - Essay Example Division of ethical area is figured out by philosophers. Meta Ethics Meta Ethics explore the root of ethical principles and the message they convey. It highlights universal truth, strength of God and intention behind ethical decision. It includes emotions of an individual in certain situation (Vendemiati, 2004). Normative Ethics It comprises of good communication skills, responsibilities that we must follow and control our behavior in convenient manner. Normative Ethics are more towards practical solutions. Act which should be done and main reason behind it. To leave whatever defined as a wrong (Levinas, 1969). Applied Ethics It involves the investigation on limited controversial issues. Controversial issues like infanticide, abortion, environmental affairs, nuclear war, animal rights, capital punishment and homosexuality (Lyon, 1999). Personal Values I am a human being who prefers to behave in ethically and morally correct ways. Ethics are important to me. Evil thoughts may force on e to take wrong actions and hurt other. There are steps a person takes in life out of jealousy to reach some goal in life which is very important. People take ethically wrong steps basically when they want to achieve their desired goals and to do that they are willing to take any steps, positive or negative. I do not believe in short cuts. I believe in achieving my goals, through my own efforts and by following the right path. My belief is to serve humanity in every possible manner. I prefer to apply my knowledge and skills to contribute to the society and serve others. I believe that one should try to socialize and make friends. Obey laws to make this world a better place. Contribute peace, remain loyal, try to be honest as much as possible, work hard and help others, respect social rights of others. Keep the surroundings clean. Give liberty to others. Take suggestions from others before making decisions. Don’t impose orders. To me, following these above mentioned facts is f ollowing an ethically correct code in life. Differentiate right form wrong: It is human perception to define right and wrong. Something which is right for one is not correct for others. To me ethical values are created by social setup, religion and legal laws. First of all there are some aspects which are right for everyone like peace, friendship, love, truth, liberty, freedom, practical solutions and good deeds. Such aspects are considered as ethical intuition. Second thing we approach is our religion. As a student, I am interested in study of religions, and I have noted that almost all popular religions of the world preach humanity and ethical behavior. Consider Buddhism, enlightened awareness of Buddha is considered. Buddha was a peace loving human being and the religion he has preached also talks about equal rights and ethical conduct. These ethics includes no killing, lying, intoxicants, stealing, and sexual misconduct. In Christianity ethical values include love, mercy, grace and forgiveness. Forgiveness is important because humans commit sins (Fagothey, 2000). If we cannot forgive each other our grudges will not let us human beings behave ethically. In Islam ethical values are to follow the Allah and His prophet Muhammad (Peace Be upon Him). Muslims are accountable for every good and bad deed in the end of this world. Third thing is the law and

Self Evaluation Personal Statement Example | Topics and Well Written Essays - 1000 words - 1

Self Evaluation - Personal Statement Example Even a person with no knowledge of health care and no sensitivity to diversity could understand the topic. The sentence from Page 4, "But healthcare is more than just medical equipment, hospitals, and adequate insurance. Healthcare is a competent staff that can relate to the patients and effectively care for them within the context of their own needs and desires", relates a focused thought that can get someone to start thinking differently about our health care system. It could be read by anyone and have the opportunity to inform them or change their mind. This has become a very important part or writing to me. 2.) My weakest essay was "The Literacy Behind Patient Care". The paper opens with a weak line telling the reader what the paper is about. It should have grabbed their attention and made them curious. Many of the sentences are not well constructed. This also holds true for the paragraphs that ramble and jump from idea to idea. Overall, the paper is difficult to read and its intentions are not clear. The essay spends too much time showing specific examples and does not clearly show the results of the examples or why they are important. 3.) To improve "The Literacy Behind Patient Care" I would first determine what I wanted the reader to take away from the essay. I wanted to demonstrate why patient literacy was important, not what it was. I would write a thesis that stated the patient literacy was important because it impacts a patient's well-being. I would then write an outline that explained all the ways that a patient can suffer from improper care. I would then construct each paragraph in the outline before starting to write. I would also spend more time revising the draft. I would have some other people, not necessarily students, read the paper and ask for their reaction. 4.) My revising and editing skills have greatly improved during this class. At the beginning I did not understand the necessity of revising a paper. I didn't even know what to look for when revising. Now, I can look at each paragraph as an independent topic, and how it relates to the paragraphs around it. I can look at the paragraph and see if it flows from opening to closing and is supported by evidence and facts. I also look at each sentence to see if it is grammatically correct and easy to read. These skills were unknown and overwhelming at the beginning of the course, but I now see they are steps in the writing process. Revising and editing each paragraph and each sentence has made the task less of an obstacle. Knowing the key points of transition and relevance has been important to improving my writing skills. I now revise and edit in pieces, rather than the entire paper at once. 5.) My writing was improved most by my concept of the writing process. In the beginning papers, I thought a person could just write their thoughts and that would be the end of the task. I now understand that I can write freely in a draft and go back and edit it. I don't feel pressured to get it exactly right the first time. The drafting and revising process has had a great impact on improving my papers. Also, the feedback and advice from other people has helped me. I am no longer shy about showing my essays and asking for an honest opinion. Making small changes in the language or correcting structural errors have made my papers more clear and easier to read. The writing center has also helped me to develop the technique and

Thursday, July 25, 2019

Case Study Strategi Audit Essay Example | Topics and Well Written Essays - 2000 words

Case Study Strategi Audit - Essay Example It was started in the year 1962 in Rogers, Arkansas, by Sam Walton. It took a long way to reach an annual sales turnover of $1 billion. By the year 2002, Wal-Mart became the world’s largest retail giant with sales of $218 billions. In the initial days of starting the business, Wal-Mart designed a strategy to build large discount stores in rural areas. Wal-Mart employed the strategy of selling branded products at a very low price. Initially, the management of the firm decided to develop the firm as a one-stop discounted departmental chain store with a vast variety of general merchandise goods to be offered to the customers that too at a low price. The management’s initial focus was on its purchase decisions. The firm focused on exploring each and every opportunity that helped in general merchandise goods. The two important products of the entire Wal-Mart product line on which the firm laid a strong emphasis were health products and beauty products. The stores used to maintain a high stock of these products. When the firma became successful in opening more than 279 stores by the end of the year 1979, the next focus was on designing strategies for expanding the firm aggressively. In contrast, to the other retail stores who built ware houses in order to serve the already existing outlets, Wal-Mart used to first build distribution centers and later started stores around the distribution centers. This strategy of Wal-Mart helped the firm in pooling the advertising and distribution overheads. The firm also focused on the transportation time needed for a customer to reach the outlet. The strategy of aggressive expansion turned out to be a big success because Wal-Mart became the largest retailer and discount stores in United States by the end of the year 1991 which had almost 1,573 Wal-Mart outlets in 35 states. Once the firm attained the position of national discount

Wednesday, July 24, 2019

Foreign Direct Investment in (FDI) China by opening a second filter Assignment

Foreign Direct Investment in (FDI) China by opening a second filter factory in China - Assignment Example Both north and south parts are within the eastern-monsoon area that is separated by Qin Mountains-Huai River with nearly 95% of people in the country living in the region. The country’s geographic location and its natural environment have significantly influenced and shaped civilization in the country (Travel China guide, 2013). Economic Situation in China China is a nation with huge attraction factor for companies from all over the world interested by either its cost efficient production environment or even the huge market potential of more than 1.3 billion citizens (Hecker, 2012). China’s economy rose spectacularly since the onset of its reform in 1978 growing at an average rate of 9.9% for more than three decades and was not affected by the 1997 Asian financial crisis and recently in the global crisis of 2008 the nations remained largely unaffected, even though the crisis left many nations grieving and many having negative growth. However, China’s economic gro wth of 2009 remained 9% and increased to 10% in 2010 after government injection of massive stimulus package; therefore, China economy quickly bounced back in high growth and was at the forefront in global economic recovery. Before, the global financial crisis, china had transformed itself into a leading contributor of world economic growth since the nation’s contribution to world GDP growth rose from 4.6% in2003 to 14.5% in 2009. In 2010, China replaced Japan to become the world’s second largest economy with a GDP of US$7.4trillion in 2011, which was about half of US’s level, US$15 trillion. China’s purchasing power parity has for a long time been the world’s number two after USA and in 2011 china’s PPP was 70% that of US. For many years, china remained and remains to be the world’s largest exporting country with 2011 exports amounting to US$1.9 trillion that took 11% of world market share. In post-crisis world, China has managed to d istinguish herself by holding the world’s largest reserves worth US$3.1 trillion and remains to be the only large economy not burdened by domestic and external debts. To get the right sense of Chinese economic production scale and the fact that the nation remains to be the world’s manufacturing powerhouse, it is worth looking at the output levels of China’s core industrial products. For instance in 2011, China was number one in the world in production of coal, steel, cement, automobile, TV and refrigerators among others (Wong, 2013). China’s economy is expected to prolong its high growth in short-term while at the same time rebalancing and restructuring and since China’s economy has already developed a wide base, further growth will produce its dynamics of sped compounded by scale. Owing to its sheer size, Chinese level of domestic production and consumption as well as its imports and exports will continue to have significant regional as well as in ternational ramifications. Based on the massive industrializations reflected in mega output volumes, china has become global top consumer of various natural resources and essential commodities from steel, aluminium, oil and gas. Rising demand of such products in China has driven the prices of those products up, hence

Tuesday, July 23, 2019

Strategic marketing Essay Example | Topics and Well Written Essays - 1500 words

Strategic marketing - Essay Example Another crucial thing which needs to be ensured is the coordination in the work of volunteers to establish organizational effectiveness (Hockey Australia, The Clubhouse Team Kit, 2005). Another important area of concern for the volunteer management is the volunteer turnover. Volunteer turnover is often said to be the result of the lack of recognition by the organization of their employees’ value to the organization, to the policies of growth and lack of advancement opportunities. Thus reducing volunteer turnover will be a prime concern and I think it can be achieved through effective monitoring and increase in organizational commitment (Cronin, 2011, 60). Exit interview Having discussed the significance of the volunteer management I will like to conduct exit interview question to the volunteers leaving the club. Exit interview is an important tool as information can be gathered from the volunteers regarding their experience in the organization no matter how long or short their stay may be and accordingly help us to formulate new strategies in the Human Resource Management practices. It may be the case that under emotional stress some of them will not be willing to take the interviews (Volunteer Management Program Retaining Volunteers, Australian Sports Commission, 2000, 22). The questions I would to like to make in the interview sessions are as follows: 1. What is your prime reason for leaving? This is the most obvious and important question I would like to ask because it will give an overview of the reasons of leaving the organization 2. Are you looking for a better opportunity? (Yes/No)-Give reasons I will ask this question as it will provide the platform to analyze the loopholes and accordingly help to make strategy intervention 3. What was the most enjoyable and what were the least enjoyable aspects of your volunteering role? This question will be asked to intervene the dimension of the motivational aspect of the organization 4. Do you feel you recei ved adequate support in your role? (Yes/No) A random question to judge the spontaneous answer of the volunteer 5. Do you feel you received adequate training in your role? (Yes/No)-Give reasons Training is an integral part in the sporting organization. So analyzing this special area will be a necessity 6. How do you really feel about this organization? This should be a general question to know the understanding of the organization by the volunteers 7. Would you recommend others to volunteer for this organization? This would be asked for the feelings of the leaving volunteers towards the fellow volunteers towards the organization (Volunteer Exit Interview, n.d.). ‘Volunteer retain’ policies This is a fact that the expectation of volunteer turnover is high and often demands for an organizational change in large sporting clubs. But within the constraints of the limited resources optimal policies should be adapted in recruiting, orientating, and training new volunteers and i nfuse within them a value creation. Various motivational policies can be adapted for retaining volunteers. Offering education and training programs which include leadership courses, mentor training and various guidelines for explaining the roles and the responsibilities of the volunteers. Clear pathway should be created for the people so that they can feel the thrust to achieve higher levels of targets (Burd, 2009). Communication with the volunteers is a vital point. Among the

Monday, July 22, 2019

Guns, Testosterone, and Aggression Essay Example for Free

Guns, Testosterone, and Aggression Essay Hypothesis: Can aggression be increased by the presence of weapons in the environment and by the hormone testosterone. Research Method Used: Experimental design and correlational study Test Subjects/ Participants: The test subjects were thirty male college students ranging from the ages 18 and 22 Variables that are being examined: The variables that are being examined are aggression, and testosterone levels How they are operationally defined and measure: The subject’s aggression was operationally defined by the amount of hot sauce in grams that they poured into the cup of water, it was measured on a scale. The testosterone levels were defined by the difference in the saliva from time 1 and time 2 briefly, what procedure was employed: Before the experiment begun both the experimental and the control group were asked to give a 6-ml sample of their saliva, which was used to measure their starting testosterone levels. The subjects were then placed in similar rooms with a particular item on a table. For the experimental group, the particular item was a pellet gun identical in size, shape and feel too a Desert Eagle handgun. The Control subjects object was the children’s game Mouse Trap. Subjects were then told to handle the objects for 15 minutes and other tasks pertaining to the object. After the 15 minutes were over another saliva sample was taken. The subject was then told to take a sip of water with a single drop of hot sauce. The subject was then told that the sample had been prepared by a previous subject and to rate the taste of the sample on a provided scale. The subject was then told to create a sample for the next subject by placing as much hot sauce in the water that they wanted but was assured that neither the next subject nor the experimenter would know how much hot sauce they put in it. Lastly the subjects had to watch a relaxing video of nature scenes and classical music. What were the results: The subjects who interacted with the handgun showed a greater increase in testosterone from the 1st saliva sample to the 2nd sample. Also subjects who interacted with the gun added more hot sauce to the water meaning that interacting with the gun increased aggressive behavior. Lastly the amount of hot sauce placed in the cup was positively correlated with changes in testosterone level.

Butler Lumber Company Essay Example for Free

Butler Lumber Company Essay I. Statement of Financial Problem Butler Lumber Company is facing the internal risk of not having enough borrowing power to continue operations as desired. The owner of the company has established a relationship with a new bank to increase their borrowing power, however, based on Butler Lumber Company’s past Operating Statement and Balance Sheet, the company is expecting to continue substantial growth without considering external risks that may affect their business. Currently the company requires debt to maintain daily operations and growth. II. General Framework for Financial Analysis A company should maintain higher liquidity ratios that will sustain operating activities and desired growth, as well as allow the company to pay any short-term debt obligations. One way to maintain higher liquidity ratios is to collect on receivables timely, and use cash obtained to take advantage of discounts offered on inventory purchases. Additionally, a company’s inventory should turn several times per year. As sales are forecasted a company should increase their inventory to accommodate forecasted sales on a monthly basis, but keep as little as possible on hand. Ideally, inventory would turn 10-12 times per year. III. Application of the Financial Framework Butler Lumber Company has experienced significant growth over the last few years. Their pricing has remained competitive compared to similarly available product. The company expects to continue growing at this level and to do so, requires the availability of credit from their bank to maintain current and increased inventory levels and to cover operating expenses. Butler Lumber Company maintains a high level of inventory. Essentially, the company is leveraging their credit and using that to maintain their high inventory levels. As the company grows, their inventory purchases should be  based on their forecasted monthly sales. In 1990 their inventory was turning 4.67 times per year, or every 2.5 months. While continued growth may make this feel necessary, the company has failed to consider external risk factors that could affect their business drastically. While they’re sales are driven by not only new home construction, but home repairs as well, in the event of an economic crisis home repairs would likely decrease. As a result, Butler Lumber Company would have a substantial amount of wasted inventory on hand. Butler Lumber Company’s sales have increased, however so have their receivables. With receivables sitting uncollected for 42 days, the company is unable to use that cash to pay their outstanding payables with discounts or cover their operating costs without incurring debt. Finally, the company’s liquidity ratios support their need for better cash management. Their current ratio suggest the company is solvent and would be able to cover their short-term liabilities if needed. However, the quick ratio for the company is very low year after year. Their cash on hand would not cover their short-term liabilities. IV. Assumptions and Special/Mitigating Circumstances No assumptions were made in this analysis. The company’s financial statements clearly state their condition. Recommendations are based on that information. V. Conclusions and Recommendations Butler Lumber Company should monitor their inventory levels closely and maintain only the inventory required to get them through 1 to 1.5 months of sales. They should also employ an aggressive collections team to assist with collecting within the terms of payment outlined in customer agreements.

Sunday, July 21, 2019

Impact of Exchange Rates on Stock Market: Evidence from Pakistan

Impact of Exchange Rates on Stock Market: Evidence from Pakistan Today in the present world foreign currency is a key component or tool for different kinds of businesses, and many countries in the world did businesses in foreign currencies like in Dollars, Euros etc. on the other hand movement in the stock market index is a key indicator for the financial performance of a country. Stock market may have bullish or bearer trend which reflect its relative strength in specific period. It also shows the investor confidence and sentiments toward markets. The establishment of the relationship among the stock market and foreign exchange rates is important for some reasons. Initially, it can affect decisions about monetary policy and tax. Gavin (1989) analyze that financial market has a large impact on the aggregate demand. The policy maker should be aware about the relationship regarding stock market and demand. Secondly, the relation between the aggregate demand and stock markets may be used to forecast the direction of the exchange rate. It will be useful for multinational firms to actively manage their exposure associated to foreign contracts and exchange rate. Thirdly, currency is treated as a commodity or an asset in portfolio of investment funds. So the awareness about the relationship among currency and other assets in the portfolio of investment funds is important. This is not the first study to look at the exchange rate and equity markets in the world as well as in Pakistan. Like Aquino analyzed the foreign exchange exposure countenance by Philippine companies around the Asian financial crisis. It was concluded that stock returns were not statistically significantly affected by the instability in foreign exchange. But after the crises, there was a significant impact of the fluctuations in exchange rate on the stock returns (Aquino 2005, 2006). Yau and Nieh investigated the relationship between Taiwan dollar/Japanese yen and the stock prices for the period from 1991 to 2005. They found that among the exchange rate and the stock prices of both countries there was no long-term relationship. But this linkage exists only to shorten the period (Yau and Nieh 2006). But the present study is exceptional in the sense that it uses the most recent data of the exchange rate and stock market which may provide latest linkage to the investors and other policy makers in Pakistan. There are three stock exchanges known as Karachi Stock Exchange (KSE), Lahore Stock Exchange (LSE) and Islamabad Stock Exchange (ISE) currently operating in Pakistan. Among these Karachi Stock Exchange (KSE) is considered as major and the well known stock market of Pakistan. It is regarded as a representative of all three stock exchanges of Pakistan. Karachi Stock Exchange (KSE) formed on September 18, 1947. It began its operation with five companies that have paid a capital of Rs.37 millions of dollars. The first index was the 50 index of trade and was done through open-out-cry system. But now KSE has 662 listed companies and considers a main economic and business hub of Pakistan. The daily KSE-100 Index published by the Karachi stock exchange is announced at 3:10 pm. Therefore KSE-100 index can be used as performance indicators of the stock market in Pakistan. KSE played an important role in the economy of Pakistan in different problems like political, social, financial and other i ssues (Karachi Stock Exchange, 2011). To identify the linkage of foreign exchange rate with equity market is significant because of above reasons. So in this study the researcher tries to identify this relationship by using various statistical techniques. Rationale of the study The currency  market may be linked with  equity market  in many different ways. It can be seen that if there is an upward trend in the stock market, then there will be a large influx of foreign capital in the country due to international investors. This influx of foreign money would be a key indicator  for the betterment of economic position of any country. The adversary also sustains that if there is a long downtrend visible on the stock market, foreign investors, the most likely rush to sell their shares that would have a substantial impact on the stock market of a country. This reasoning can be applied to all currencies and stock markets in the whole world (Kathy Lien, 2009). The basic idea behind this study is to provide a clue to the stock brokers, managers, planners, policy makers and regulatory authorities that they actively share information about the change in macroeconomic variables. AND also provide considerable information essential for them, which may be used for future decisions about stocks and stock markets of Pakistan especially about KSE noting the movement of the exchange rate in Pakistan. This investigation is also useful for executives, managers, responsible for the decisions, researchers and students who are not familiar with the exchange rate and securities markets in Pakistan. Problem identification Due to globalization and technological innovations any one can access the foreign markets. The business in foreign countries needed to intact with change in exchange rate dynamics. Since, the exchange rate can be defined as the price of currency of one country expressed in the currency of another country. So the change in the exchange rate might have some impact on the macroeconomic variables of any country. The stock market of Pakistan may be influenced due to change in exchange rate. So to identify this impact of exchange rate on the stock market is a matter which requires intentions. Problem Statement The main focus of this study is to know that, how exchange rate affects the equity market of Pakistan? It further explores the direction (positive or negative) and strength of relationship among exchange rate and stock market in Pakistan. For this purpose researcher links the exchange rate with equity market of Pakistan to see a clear picture about them as they influence several other variables. Research Question What is the possible impact of exchange rate fluctuation on the equity market of Pakistan? Objective This study aims to examine the effect of exchange rate on the Karachi stock exchange. The objectives of the study are: .To analyzes the impact of exchange rate fluctuation on equity market of Pakistan. .To determines whether the impact is statistically significant or not. Resources Resources include financial data of KSE, articles, books, newspaper and internet. The data will be collected from yahoo finance and the website of Karachi Stock Exchange. Scope of the research It is believe that the financial position of an economy is vulnerable to the foreign exchange rate. So it is very crucial to explore the linkage between the exchange rate and equity market. The present study is an effort to investigate this important aspect and it tries to analyze the impact of exchange rate on the equity market of Pakistan. LITERATURE REVIEW In the following section, there are some studies associated to this area of study that has been investigated earlier by other researchers. Hussain et al. examined the Impact of Macroeconomics Variables on Stock market by using the periodical data of some macroeconomic variables such as foreign exchange rate, broad money M2, whole sale price (WSP) index, industrial production index (IPI), gross fixed capital formation and foreign exchange reserve. The period of time to study was started from 1986 to 2008. The result showed that, after the reform in 1991, the pressure of the exchange rates and reserves effects significantly to the equity market, while the variables as IIP, and GFCF had no significant effect on the stock prices. In addition, concluded that internal factors of the companies such as increasing the production and capital formation had no significant effect while external factors such as the exchange rate and reserves significantly affected the stock prices. (Hussain et al. 2009). Nishat and Shaheen analyzed long-term relationships among set of macroeconomic variables and the equity market of Paksitan. The macroeconomic variables that were used in their study includes: industrial production index (IPI), the consumer price index (CPI), M1 and the value of an investment earning the money market rate. Vector error correction model was used to investigate the relationship from 1973 to 2004. It can be revealed that there is a fundamental connection between the equity market and the economy and showed that industrialized creation was the major positive determinant of Pakistani stock prices. On the other hand, inflation was the major negative determinant of equity prices in Pakistan. It was established that the macroeconomic variable granger caused stock movements in prices, the reverse causality was observed in the variable in industrial production and the stock prices. In addition, argued that statistically significant durations between fluctuations in the bag and changes in the real economy were relatively short. Additionally, it was further argued that statistically significant lag lengths between fluctuations in the stock market and changes in the real economy were relatively short (Nishat Shaheen, 2004). Bhattacharya et al. analyzed a case study to explore the linkage between stock market and macroeconomic variables such as Exchange Rate, Foreign Exchange Reserves and Value of Trade Balance. They used method of non-causation that was considered by Toda and Yamamoto (1995) for the period from 1990 to 2001. Proxy used in the investigation of stock market was Indian, the Bombay sensitive Index (BSI). The three major macroeconomic variables incorporated in the investigation was effective exchange rate, the foreign exchange reserves and the balance of trade. The study revealed the attractive resulted in the structure of the stock market Indian, mainly as regards the exchange rate, the foreign exchange reserves and the balance of trade. It is suggested that there is no relation between cost and equity the three macroeconomic variables studied ( Bhattacharya Mukherjee, 2001). Dimitrova examined the association between stock prices and the exchange rates using multivariate model. He focused on the stock markets in America (USA) and the United Kingdom (UK) during the period 1990-2004. The result of the study shows that there was a relationship between the exchange rate and the stock market. The examiner stressed that there was a positive correlation when the price of actions were the main variable and be expected negative when exchange rates were the main variable. (Dimitrova, 2005). Sohail et al. conducted a study on Lahore stock exchange (LSE), the objective of that study was to observed the long-term, as well as the short-term associations between Lahore Stock Exchange (LSE) and some important variables. Using the monthly data for the variables from 2002 to 2008, it was found that there was a negative impact of the consumer price index (CPI) on the stock market returns in Pakistan while industrial production index (IPI), real effective exchange rate, the money supply had an important positive long-term effect on stock returns to Pakistan(Sohail Hussain, 2009). Robert Gay investigated time series relationship between stock exchange index and some of the macroeconomic variables of the price of oil and the type of change in China, India, Russia and Brazil, using the Box-Jenkins auto-regressive integrated moving average (ARIMA) model. It came to the conclusion of his study in which there was no significant association between exchange rate and the price of oil on the index of the stock market of these countries. Moreover, there was no significant relationship between past and present yields of the stock markets in these countries (Gay, 2008). METHOD Sample Since there are 660 listed companies in Karachi stock exchange of Pakistan on November 7, 2010. This research uses KSE-100 Index as a benchmark to find out the impact of exchange rate fluctuation on equity market of Pakistan. Instrument and Measures This research will be based on secondary sources, thus no questionnaire will be distributed. The study uses the financial data of last 6 years of Karachi stock exchange (one of the major stock exchange in Pakistan) and exchange rate. This study will investigates the impact of foreign exchange rate on equity market in Pakistan. This study uses KSE-100 index as a proxy of equity market of Pakistan and uses exchange rate between dollar and rupees to analyze the impact of exchange rate fluctuation on equity markets of Pakistan. So, this research treats KSE-100 index as the dependant variable and exchange rate as independent variables. Procedure The following statistical tools will be used to examine the impact of exchange rate fluctuation on equity market of Pakistan. Descriptive statistics Correlation matrix Regression analysis Descriptive statistics illustrate the main features of a collection of data quantitatively. It may include mean, median, mode, standard deviation, maximum and minimum. Correlation model will be tested to observe the linkage between the exchange rate and equity market of Pakistan. It will also enlighten about the direction and strength of relationship between the variables. Further to find out the impact of exchange rate on stock market of Pakistan, the study will performed the regression analysis. The data of Karachi stock exchange will be compared with the data of exchange rate of Pakistan. Statistical tools including timeline graphs and others will be constructed and made use of to determine the respective effects and a comparison between exchange rate and equity market. Research papers of various authors related to the study will be studied and judge against with the results of this particular research. REFRENCES Bhattacharya, B., Mukherjee, J. (2001). Causal Relationship Between Stock Market And Exchange Rate, Foreign Exchange Reserves and Value Of Trade Balance: A Case Study For India. Website: http://mpra.ub.uni-muenchen.de/7297/ Cruz, M., Walters, B. (June 2008). Is the Accumulation of International Reserves good for Development.  Cambridge Journal of Economics. website: http://cje.oxfordjournals.org/content/32 Dimitrova, D. (August 2005). The Relationship between Exchange Rates and Stock Prices Studied in Multivariate Model.Issues in Political Economy  , 14. Website: http://org.elon.edu/ipe/Dimitrova Elizabeth. (2006).  the oxford dictionary of Phrase and Fable.  Retrieved February 10, 2010, from Encyclopedia. website: http://www.encyclopedia.com/doc/1O214 Encyclopedia. (2009).  The Oxford Pocket Dictionary of Current English. Retrieved February 14, 2010, from Encyclopedia. website:http://www.encyclopedia.com/doc/1O999 Gay, R. D. (March 2008). Effect of Macroeconomic Variables on Stock Market Returns for Four Emerging Economies Brazil, Russia, India and China.  International Business Economics Research Jornal  , 7. Website:http://www.cluteinstitute-onlinejournals.com Gulf News. (2008).  Investment. Retrieved March 15, 2010, from gulfnews. website:http://gulfnews.com/business/investment/pakistan Hussain, D. I. (2009). Why does Pakistan have to accumulate foreign reserves? Website: http://ishrathusain.iba.edu.pk/papers Karachi Stock Exchange. (2010).  introduction. Retrieved February 2010, from Karachi Stock Exchange website: http://www.kse.com.pk Ministry of Finance Islamabad, Govt of Pakistan. (n.d.). Capital Markets.  Economic Survey of Pakistan  . Islamabad, Pakistan: Govt of Pakistan. Mohammad, S. D., Hussain, A., Ali, A. (2009). Impact of Macroeconomics Variables on Stock Prices Emperical Evidance in Case of KSE.  European Journal of Scientific Research  , 38 no. 1, 96-103. Website:http://pdfcast.org/pdf/impact-of-macroeconomicse Nishat, D. M., Shaheen, R. (2004). Macro-Economic Factors and Pakistani Equity Market. State Bank of Pakistan. (2010, January). Foreign Reserves. Lahore, Pakistan: State Bank of Pakistan. Should Children of Illegal Immigrants Get an Education? Should Children of Illegal Immigrants Get an Education? Should Children of Illegal Immigrants Be Able to Get an Education? Education is a very important topic that impacts our nation as a whole. Some American citizens think education is needed for everyone while others dont. With the rise of illegal immigration, more and more people are wondering whether or not the children of illegal immigrants should have the same rights as the children of American citizens. Many people say that it is too expensive to give them an education, but if they dont get an education, the United States can see negative effects in the future. It is only right that children of illegal immigrants have the opportunity to get an education in order to learn the skills to make their lives and the country better. Illegal immigrants come to the United States knowing that they are at the risk of getting caught, going to jail, and getting deported out of the country. This causes a lot of fear and anxiety in their every day lives. The main reason many immigrants come here is for work and to better their familys lives. To better their familys lives, their children need an education. Today, children of illegal immigrants still have the chance to get an education because of the 1982 case, Plyer v. Doe, where the U.S. Supreme Court ruled (5-4) that a 1975 Texas law denying public-school education to children of illegal aliens violated the 14th Amendments equal-protection clause (Miller). Having this law is very helpful for those who do not have a citizenship. Most children of illegal immigrants face many obstacles throughout their schooling. Some start out not knowing English very well and do not have the help they need from their parents at home. Giving them the basic studies and a place for them to learn can help these kids develop in a way that would not be possible without a public education. The numbers of illegal immigrants continue to go up in the US, but mostly in states like Texas, Florida, and California. According to Berna Miller, the education of these children is important because California is already facing a shortage of highly skilled workers. If children of illegal immigrants are not allowed an education, they may turn to gangs and crime because they do not have a good foundation. If these kids grow up with violence and drugs around, it only makes their communities more dangerous for everybody. And not having a good education does not help in getting a job in the future. The same happens when the situation is turned around. If children of illegal immigrants are given an opportunity to become more skilled, they can get a better job later on which will help out the economy. Some argue that the costs of educating these children is too high, but when compared to the possibility of these children developing into adults who contribute to the economy, the United Sta tes can see itself having positive long term effects. Although some people feel that illegal immigrants shouldnt come to the United States, others feel the opposite. Teachers, schools and universities are standing up for the rights of undocumented children or children with undocumented parents. In November 30, 2016 presidents of 27 Jesuit colleges and universities pledged themselves to protect to the fullest extent of the law undocumented students on our campuses and to promote retention of the Deferred Action for Childhood Arrivals Program' (A pledge to protect Dreamers). It is important that these schools stand up for the rights of illegal immigrants children because not all had a choice when coming to this country.   The presidents that stood up for these kids said their communities are immeasurably enriched by the presence, intelligence, and committed contributions of undocumented students, as well as of faculty and staff of every color and from every faith tradition (A pledge to protect Dreamers). That statement shows that h aving people from other cultures in the same education system helps everyone. Children of illegal immigrants are getting the chance to educate themselves while they also make their school better with their culture. Another problem that comes up with educating children of illegal immigrants is that even though they can get a public school education, most do not go to college.   In 2008, about 65,000 illegal immigrants graduated from American high schools, but only 5 percent went on to college (Preston). This can be because most immigrants do not have a lot of money and cannot apply for financial aid to help their kids. And if their children are illegal as well, they can feel afraid of being exposed when going to a university. Not helping these kids can be harmful in the future because they will remain low-skilled workers. In this day and age it is very important that people get a good education to get higher paying jobs. This is why the DREAM act helps these kids a lot. The idea behind the Dream Act is that the U.S. should assimilate, rather than expel, dedicated young people who are not at fault for their illegal status (Preston).   By giving these kids the chance to better themse lves, the United States can advance more in the future. By helping children of immigrants, we are creating members of a society that can contribute economically or even culturally. This helps the whole nation. It is true that even people who dont support these kids now will see a good change in this country later. Even if theyre illegal, these kids can create the next invention that can change the world. Many people are supporting the higher education of illegal immigrant children. According to Rosa Ramirez, a student at Miami-Dade College was classified as an out-of-state student because she could not provide the legal status of her parent. In the case, it is said that the student was born in Florida and that she had graduated high school in the state. The universitys rule was making her pay a lot more because of her parents status. It should not matter where her parents stand, what really matters is a persons motivation to get a good education. By making her pay extra, she had another obstacle to face before she could go to college. If she did not speak up, she would have lost the chance to continue getting a higher education. Luckily a Florida judge ruled that making her pay out-of-state tuition violates the equal protection of the laws guaranteed under the 14th Amendment of the Constitution. More and more cases like this are being won by children of illegal immigrants. This shows that people are opening up their eyes to the importance of education for everyone and that if someone is willing to put in effort to get an education, then they deserve it. It has not been easy in the past years for children of illegal immigrants to register for public schooling. Even if the law says they should get an education, a lot of schools in the country are making it hard for these kids to enroll. According to Tim Walker, one 17 year-old student recounted to the researchers that she was told that she could not start school until after exams, delaying her enrollment by four weeks. This is because some schools think that children of illegal immigrants are going to fail when taking standardized tests. These schools are afraid of looking bad by accepting these students. Education should be about making people better not just caring about grades. Another thing that some public schools do is make up a lot of rules that have to do with residency or they make the enrollment process too hard for some immigrant families to understand. Sometimes if a public school does not want to accept a student, they will steer students to alternative education programs , including, but not limited to, those intended for children with serious behavioral problems, even if the student in question displays no such issues (Walker). This is another unfair way to treat children of illegal immigrants. If a student does not have behavioral problems and only wants to succeed, they should not be forced to take another step back. Even though it seems like the country is split up over this problem, it is good to see things through a humans plain point of view. If a human did nothing wrong and is being denied an education which only makes a them better, then there is a problem. If we let children of illegal immigrants follow their dreams and make something of themselves then we can expect good results. By giving these kids the tools, they can create a better America in the future. Many of them have different talents and intelligence that can be a good thing for this country. Their parents risked a lot to help them have a brighter future. If we deny education to children of illegal immigrants, we are denying the American dream. Works Cited A Pledge to Protect Dreamers. America 19 Dec. 2016: 10. General OneFile. Web. 9 Feb. 2017. Miller, Berna. Educating the other Children. American Demographics Oct. 1997: 49. General OneFile. Web. 10 Feb. 2017. Preston, Julia. Raised in the U.S., but Still Illegal: How Should the U.S. Treat a Million Young People Who Were Brought Here Illegally as Children? New York Times Upfront 15 Mar. 2010: 8. General OneFile. Web. 10 Feb. 2017. Ramirez, Rosa. Judge: U.S.-Born Children of Undocumented Parents Can Pay In-State Tuition. Nationaljournal.com 6 Sept. 2012: n. pag. General OneFile. Web. 10 Feb. 2017. Walker, Tim. How Undocumented Students Are Turned Away From Public Schools. NEA Today. N.p., 23 Apr. 2016. Web. 22 Feb. 2017. Interactive Whiteboards: Advantages and Disadvantages Study Interactive Whiteboards: Advantages and Disadvantages Study Having personally conducted surveys whilst studying at University in England and Australia, I found at times it was frustrating, time consuming and the strike rate less than 5%. At other times it was very rewarding with the strike rate at a healthy 30%. Firstly the paper will take a look at four different papers and what pro and cons they gathered on IWBs Secondly the paper will contain a model for conducting a large scale research survey. It will contain: The initial phase to implement the survey The methodology used to collect data The questions used in the survey Analysis of the data Justification The research is very important for teachers as it let them know if the IWB improves the pedagogy in teaching and learning. It will also help the teachers understand their weaknesses and strengths using new technology in the teaching and learning environment. They will then be able to plan their lessons so the students are able to get a full understanding of the IWB as a teaching tool and not a plaything. The teachers may find they have to teach basic computer skills to the students, such as: Terminology (literacy) How to turn their computers on How to log in and out Software use How to access the internet Key board skills The teachers may say that they do not have time to teach a separate subject as it will encroach on the lessons they are teaching. Without recognising the weaknesses of the students, in using the IWB, the students may miss out on valuable opportunities that are fundamental in their pedagogy growth Quotes According to Sudgen that something, â€Å"as bland as a projected image could be used interactively in this way† (Sudgen 2002). The difficulties he experienced with the IWB showed that there were logging on problems by the students and if the IWB was knocked it had to be re-calibrated (Sudgen 2002) Other problems encountered were light shinning on the IWB caused shadows making it difficult to see the images, the key board only shows lower case letters, making it hard for some students to recognise letters and problems caused by the students resting their hand on the IWB whilst writing (Sudgen 2002) Even with the difficulties Sudgen encountered during the lesson, he found the students worked with each other on how to find the correct word and its’ spelling using the IWB (Sudgen 2002). He also found by the end of the lesson the students had gained confidence in using the IWB even if they put in the wrong answer, they all supported each other by offering alternative answers (Sudgen 2002) Research by Dorothy Walker at the Royal Docks Community School in 2003 found some surprising results IWBs’ had on the pedagogy of the students and how it improved the time teachers spent actually teaching. With the help of the deputy head, Tom Smith, Walker found that the teachers where getting 20 – 25 per cent more time teaching (Walker 2003) The school was that impressed with the value of the IWB; they have 54, which are housed in a purpose built building (Walker 2003) Smith has asked to be benched marked against other schools, but as yet Ofsted â€Å"can’t find anyone like us† (Walker 2003) The Docklands school has 1,200 who speak over 48 languages, this made Smith search for innovative technologies to help the students, whose special needs exceeded 10 times the national average. When Smith first saw the IWB he knew it would help with literacy, as many of the students are visual learners (Walker 2003) The students are enthusiastic in helping new teachers use the IWB as well, (the teachers) receive extensive in house training (Walker 2003) The students use the IWB to interact with each other’s ideas by sharing their work, with over 600 PCs in the school the students can access the IWB to evaluate what they have be presented with in the previous lessons as well as being able to download their homework. Hull University together with Promethean (the maker of IWBs) and with funding from NESTA carried out research in August 2002, to find out how effective IWBs are in delivering excellence in the teaching and learning environment (Hull University 2002) The aim of the project over two years, focused on 200 classroom observations in schools and colleges. During the observations the researches noted the strengths and weaknesses of the teachers using IWBs in teaching and learning. The data collected helped them develop digital resources used for research in the learning environment. The researchers found that teachers have to consider that IWBs can be beneficial for teaching if they make sure the students can see the fonts from all areas of the classroom, they can all hear the IWB and that light entering the room may make the IWB hard to read. They found that teaches could use wireless technology so they don’t have to go back to their computer, also the teachers could use the IWBs technology to save time by saving the WEB sites accessed on the hard drive (Hull University 2002) Using an interactive whiteboard (IWB) The research taken out relied on a single researcher observing lessons using an interactive white board and conducting interviews with teachers The primary school was purposely built for teachers to use ICT and how it would enhance pedagogy in learning and teaching (Beauchamp 2004) Over the period of two years the teachers where trained on how to use ICT, giving them differing levels of confidence. When they started in the new school the IWB was new to them. The researcher divided the data collection into four stages: Data collection Validation Interpretation Action (Beauchamp 2004) The researcher had the consent of the teachers and management to observe seven teachers using the IWB over a two day period (Beauchamp 2004) During the lesson the researcher took contemporaneous notes and after the lesson the researcher had an unstructured interview with the teacher on any issues they had using ICT and the IWB During the initial stages the teachers where given plenty of notice by the researcher what lessons would be observed The researchers noted the amount of skills the teachers had in using ICT, and teachers’ pedagogic practices in using ICT. It was noted that there was a range of skills and competencies in using ICT. The researcher categorised the skills and competencies of each teacher by: Black / white board substitute Apprentice user Initiate user Advanced user Synergistic user (Beauchamp 2004) Validation After the initial phase of the observation the researcher was able to table the characteristics of the teacher and how they progressed. The second stage of observation carried out a year later allowed the teachers’ time to develop their skills and pedagogy in using ICT During the second stage of the research, the focus of the observations matched the skills on the framework developed from the data collected from the initial stage. The interviews conducted with the teachers were taped in order to validate and ground the findings (Beauchamp 2004) During the second stage interviews the teachers were given the frameworks developed from the first stage. Unlike the initial interviews, the framework provided a structure to the questions asked by the researcher The research did not take into account the years of experience and age of the teachers, as its’ aim was to get an overall representation of all primary school teachers. This eliminated any variables to ensure a model was developed which represented all teachers (Beauchamp 2004) Interpretation and Action A qualitative analysis was used to analyse the data collected by the researcher. The data collected identified common features as well key differences in areas of cognitive and pedagogical development of how teachers used ICT and IWB The variables noted were: Operating system use Mechanical skills Program variables Classroom management and pedagogy (Beauchamp 2004) The researcher noted on occasions there where advancements predominantly in the pedagogical and mechanical skills of the teachers. Difficulties The research conducted in the primary school looked at how the teachers used and implemented ICT and IWB in the learning and teaching environment. The research was conducted over two days observing and interviewing the teachers in two stages, with a gap of one year between each stage. The length of time between each stage may of led to a belief by the teachers that they had plenty of time to improve their skills. The evidence presented by the researcher does not suggest the skills where improved in leaps and abounds over the year. Seven teachers took part in the research; all had prior knowledge of which lessons would be observed. The small number of teachers used in the research would make it very difficult and probably bias to come to a general consensus. The interviews in stage one were unstructured, whereas in stage two they were taped and structured. The problems of having an unstructured interview would of made the analysis of the data unreliable and complex in being able to validate the findings. Stage Two The initial phase to implement the survey I would look at getting backing from the Education Department to conduct the survey. This would give the survey credibility and help to get participation from the schools’ management and teachers. The letter to the Department of Education will contain this preamble: Problem Definition i.e. The use of the Interactive White Board (IWB) in the teaching and learning environment and how it improves pedagogy. With the event of new technologies used in the classroom there is a need for the system to be investigated. Increasing the knowledge of teachers in the use of IWB will give them knowledge of its’ potential as a tool in the pedagogy process. If teachers feel more comfortable using the IWB it will benefit them in lesson planning, understanding the needs of their students and how to combat any difficulties their students may have. The IWB is expensive, but it is here to stay, with the emphasis on using Information Communication Technologies (ICT) in the 21st century classroom. If a teacher feels incompetent in using the IWB they may not use it in primary schools. This could disadvantage the students when they go to higher education. The aim is to ask primary schools to participate in a wide scale research project. Data will be collected by way of: An online questionnaire Interviews Observations The survey will not contain any personal information on teachers or students. Note: The preamble would be written as a letter The letter will include the questionnaire and any other relevant material that will support the proposal. Bu way of a bulletin, primary schools will be asked to participate in a large scale research project. The rational of which is to improve the use of new technologies in teaching and learning. The schools will be told that the survey will be online and conducted by way of observation and interviews. They will be able to pick which ones they would be happy to participate in. The schools will be asked to register at an encrypted WEB site. After registration the schools that register will be given a registration number. The schools will be required to provide: Size and type of school i.e. private, public, special ed etc Subjects taught using IWB The range of teachers experience Location; city suburban, country The schools will be then asked to fill in the online questionnaire (below) The survey: After collecting the online survey an analysing by way by way of graphs the second phase of the survey will come into place. This will entail a suitably qualified person going to schools and conducting the observations and interviews e.g. retired teacher The observation and interview will be conducted with an arrangement between the teacher and data collector. The observer will note: The subject being taught. The grade being taught. What the IWB was used for e.g. Internet, research etc. Length of time the teacher used the IWB. Whether it improved pedagogy or complemented it. The competency of the teacher. During the interview, the observer will ask the teacher: How the IWB complimented their pedagogy. Had they had training on the use of the IWB How long had they been using the IWB Would they like more training Any issues they have with the IWB Any improvements The interviews should take no longer then five minutes with a tick box sheet and a small comment section. The data collector will then log into the WEB site and upload all the data Conclusion Without large scale research it is very easy to generalise and come to conclusions that the researcher wants. As we found at Docklands, Smith could not get a benchmark that would help him assess the effectiveness of using the IWB Other researchers collected data from a small group, compared to the amount of schools, yet they tried to generalise their finding to the overall schools populace. It seems that IWBs are going to be the future of teaching, therefore the Education Departments and Governments need to make certain data collected on the benefits of IWBs needs to quantitive and qualitive, without which could lead to problems in literacy and pedagogy that will impact on teachers and students alike. Bibliography Internet Druin A, et al, http://www.blackwell-synergy.com/, Sydney Australia,  13 May 2006 Beauchamp Gary, http://www.tandf.co.uk/journals/titles/, Sydney Australia, 15th May 2006 Hull University et.al, http://www.thereviewproject.org/about.htm,Sydney Australia,   27th May 2006 Roschelle J, http://www.blackwell-synergy.com/, Sydney Australia 13 May 2006 Sudgen D, http://ferl.becta.org.uk/ , Sydney Australia, 27th May 2006 Walker D, http://www.tes.co.uk/, Sydney Australia, 27th May 2006 The complete addresses http://www.blackwell-synergy.com/doi/pdf/10.1046/j.0266-4909.2003.00028.x http://www.tandf.co.uk/journals/titles/1475939x.asp http://ferl.becta.org.uk/display.cfm?resID=2640 http://www.tes.co.uk/section/story/?section=Archivesub_section=Online+Educationstory_id=373324Type=0 http://www.thereviewproject.org/about.htm Bibliography Internet Druin A, et al, http://www.blackwell-synergy.com/, Sydney Australia 13 May 2006 Beauchamp Gary, http://www.tandf.co.uk/journals/titles/, Sydney Australia 15th May 2006 Roschelle J, http://www.blackwell-synergy.com/, Sydney Australia 13 May 2006 The complete addresses http://www.blackwell-synergy.com/doi/pdf/10.1046/j.0266-4909.2003.00028.x http://www.tandf.co.uk/journals/titles/1475939x.asp

Saturday, July 20, 2019

Use of Symbolism in Cynthia Ozicks The Shawl :: Symbol Analysis The Shawl

In The Shawl, Cynthia Ozick uses descriptive details to engage the reader. The story describes the horror of Nazism. The setting of the story is a concentration camp. The three main characters are Rosa, who was a mother of two daughters, Stella who was fourteen and Magda who was fifteen months. The plot of the story surrounds a magic shawl. The shawl is a major part of the complication, climax and resolution of the story. The magic shawl is the only thing the three starving women have keeping them alive and eventually leads to their demise. The plot of The Shawl ends with a camp guard tossing the infant Magda onto an electrified fence. Ozick's use of symbolism is very important to the story. The author uses symbolism abundantly to help the reader envision the setting. In the beginning of the story, Ozick refers to the baby Magda as, "someone who is already a floating angel" (Jacobs 299). Ozick refers to Magda as an angel throughout the story, "smooth feathers of hair nearly as yellow as the Star sewn into Rosa's coat" (Jacobs 300). Other symbolism within the story, talks of the shawl as the "milk of linen" (Jacobs 300). Beyond the concentration camp, outside of the steel fence, "there were green meadows speckled with dandelions and deep-colored violets: beyond them even father, innocent tiger lilies, tall, lifting their orange bonnets" (Jacobs 301). Past the steel fence was beauty or maybe heaven., but not the poor conditions of the death camp. Of the three characters in The Shawl, Stella is a flat character. She is only part of the story to allow the author to get to the climax. The climax comes when Stella becomes cold, and takes the shawl for warmth. Again, the author uses symbolism, Stella is cold or cruel. Magda is the most dynamic character. She is presented to us first as a quite baby, who is hungry and does not cry. Magda simply sucks on the shawl. When her shawl is taken, she cries and walks wobbly into the yard.

Friday, July 19, 2019

No Tax Dollars for Religious Education Essay -- Argumentative Persuasi

No Tax Dollars for Religious Education Tax dollars are your money at work.   Do you want your money to go to fund private religious schools?   Tax dollars should not fund religious education because it is a violation of the separation of church and state clause of the first amendment to the constitution. Lately we have seen proposals for vouchers.   These vouchers are public money given to low income family so they may send their kids to private schools.   Most of the schools who use this program are religious.   In the Cleveland voucher program we see there were 3,761 children are enrolled and 96 percent of those children are attending religious schools.   Also 82 percent of the participating schools were sectarian.   This voucher program was challenged in the 6th circuit court with the Simmons-Harris v. Zelman case.   It was ruled the Cleveland voucher program â€Å"clearly has the impermissible effect on promoting sectarian schools†. Voucher plans have been brought up in many different places and most of the time they seem to receive the same reactions.   They are being shot down a...

Nervous Breakdowns :: Nervous Breakdown Mental Collapse Stress

In the middle Ages, it was called melancholia. In the early 1900s, it was known as neurasthenia. From the 1930s to about 1970, it was known as a nervous breakdown. "Nervous breakdown" is a term that the public uses to characterize a range of mental illnesses, but generally it describes the experience of "snapping" under massive pressure, mental collapse or mental and physical exhaustion. Have you ever wondered how you can tell if someone is having a nervous breakdown? Or what causes them or how they're caused? Well, the causes of nervous breakdowns are very similar to panic attacks, ADD, and ADHD. There is always a trigger or catalyst that sparks a nervous breakdown. Breakdowns usually stem from a change in a major life event such as a broken relationship, death of a loved one, a demanding job or financial difficulties On some cases getting nervous breakdowns are genetics, you receive them because a past family member has had one or in simpler words family history. Another sign is Coexisting medical conditions such as vitamin deficiencies or thyroid disorders. Stress, drugs, alcohol and depression are one if the most main causes of nervous breakdowns. You can always treat a breakdown. Sometimes people talk to therapist or someone they trust to discuss their issues and just â€Å"let it all out† instead of breaking down. As for others talking doesn’t always work at times it may tend to worsen the problem, so they take prescribed depression pills. Other treatments are drugs, alternative treatments, surgery, and lifestyle changes. If you feel close to having a nervous breakdown right now you are probably feeling like you have hit rock bottom. Many people who are close to a nervous break down feel a million miles from their real self. Feelings of anger, negativity, exhaustion and anxiety are probably overwhelming you and your ability to pursue a 'normal' life and 'normal' relationships is no doubt proving tough. Obviously the best approach is to prevent the breakdown from occurring in the first place. Recognizing the warning signs of a nervous breakdown and reducing and managing stress levels can often produce excellent results and prevent the total collapse usually associated with a nervous breakdown.

Thursday, July 18, 2019

Sunsilk in Bangladesh

Marketing Plan Of SUNSILK SUNSILK Prepared for: Asif Mahfuz Adjunct Faculty of School Of Business University Of Liberal Arts Bangladesh Username: Sabrin Trisha Password: ZX7Yoxd05bpP Prepared By: Student’s Name| Student’s Id| Sabrina Haque| 102011026| Course Name : Principles of Marketing Course Code : BUS 206 Section : 04 Submission Date : 30 May, 2012 Spring 2012 Letter of Transmittal 5 May, 2012 Mr. Asif Mahfuz Adjunct Faculty of School Of Business University Of Liberal Arts BangladeshHouse # 56, Road # 4/A (Satmosjid Road) Dhanmondi R/A, Dhaka-1205 Bangladesh. Dear Sir; Subject: Submission of the Final Report on â€Å"Sunsilk(hair care consumer product†. We are very glad to submit the report on â€Å"Sunsilk† that you have assigned. This is our report where we have tried to find out the key factors that you assigned upon us. This report extends our knowledge and will help us in the future. Thank you very much for giving us such kind of opportunity to e nrich our knowledge and skills under your observation.We would like to thank you for your valuable guidance in every problem we had and the precious time that you gave us. We will be available for any further clarifications required. Sincerely, Student’s Name| Student’s Id| Signature| Sabrina Haque| 102011026| | Farhana Rahman| 102011009| | Farhan Tanvir| 102011014| | Sharmin Sultana| 102011008| | Table of contents Sl. No| Title| Page No| | Executive Summary| | 1| Background of Sunsilk a) History b) Milestone| 78| 2| Company Analysis of Sunsilk| 10| 3| Mission of Sunsilk| 11| | Vision of Sunsilk| 11| 5| Goal of Sunsilk| 11| 6| Segmentation | 11| 7| 4p’s of Sunsilk a) Product b) Price c) Promotion i. Media plan for Sunsilk ii. Creating an advertise for Sunsilk d) Place | 121415161720| 8| Market Scenario of Sunsilk a) Target Market b) Market Share c) Mind Share d) Heart Share| 21212222| 9| Competitive Strategies of Sunsilk a) Defining a Strategic Objective b) Expa nding the Total Market— i. New Customer ii. More Usage iii. Regular Customer c) Choosing General Strategy— i.Flank Attack ii. Frontal Attack iii. Bypass Attack| 232324| 10| Competitive Rivalry Positions of Sunsilk a) Availability of Many/Equally Balance Comp Competitors b) Industrial Growth Declines— i. Industrial Stage ii. Growth Stage Maturity iii. Stage Decline Stage c) BCG Marketing of Sunsilk d) High Fixed Cost & Storage Cost of Sunsilk e) Low Switching Cost of Sunsilk| 2525262727| 11| Threat of Substitution Product of Sunsilk a) Buyer’s Low Switching Cost b) Substitute Product’s Price is Lower c)Substitution Product’s Quality &Performance is Greater/Equal to Existence Product| 282828| 12| THE POWER OF BUYERS a) Buyers are Larger and Few in Number b) Buyers purchase a large portion of Industry’s total output c) Buyers switching costs low d) Buyers can pose threat to integrate backward into the Seller’s Industry| 29303030| 13| THE POWER OF SUPPLIERS a) Suppliers are large and few in number b) Suitable Substitution Products Are Not Available c) Individual Buyers Are Not Large Customers of Suppliers d) Suppliers Goods Are Critical to Buyer’s Success e) Supplier’s Products Create High Switching Cost f) Suppliers Can Pose Threat to Forward Integration to Buyer’s Industry| 313132323232| 14| SWOT Analysis a) Strength, b) Weakness, c) Opportunities, d) Threats. | 33333333| 15| Recommendations| 35| 16| Conclusion| 36| 17| Annexure| 37| EXECUTIVE SUMMARY Sunsilk Shampoo’s are under the flag of Unilever is a very famous international product. Sunsilk was launched in the UK in 1954 & by 1959 it was available in 18 different countries worldwide. Sunsilk is the largest beauty shampoo brand in the Bangladesh. Currently, Sunsilk products are available in over 50 countries throughout Asia, Middle East, North Africa and Latin America, where is known as Sedal.This executive summery describes the history, company analysis, mission, vision, 4p’s of Sunsilk shampoo such as- variety in consumer products, price, distribution objectives, Competitive Strategies of Sunsilk, Competitive rivalry position of Sunsilk, B. C. G Marketing of Sunsilk, Threat of substitute’s products. Mind share, Market share and Heart share are also included here, which helps to understand about consumer perception about the Sunsilk product. What competitive strategies Sunsilk follows is also included in this report. The Power of Buyer & Power of Supplies to Sunsilk is not a threat to Sunsilk shampoo. Marketing programs and promotional activities are clearly and briefly covered in this report. Finally, in the end recommendations are given that what strategy should Sunsilk follow to meet the strategies and market share of their competitors. 1. Background of SunsilkSunsilk Shampoo’s are under the flag of Unilever is a very famous international product. Sunsilk is the largest beauty shampoo brand in the Bangladesh. Positioned as the ‘Hair Expert' by 1959, it was available in eighteen different countries worldwide. Currently, Sunsilk products are available in over 50 countries throughout Asia, The Middle East, North Africa and Latin America, where is known as Sedal. 1. a) History Sunsilk was launched in the UK in 1954, and by 1959 it was available in 18 different countries worldwide. At the time, Sunsilk had an advantage over other shampoos in the market as it only needed one application, and so meant washing less natural oils from the hair. In 1956, Sunsilk cream shampoo for dry hair was launched. * In 1958, a new transparent polythene tube for the liquid shampoo was introduced as an alternative large size pack to the bottle. Sunsilk was also available in such tubes. * In 1959, it was available in eighteen countries worldwide. * In 1960, Sunsilk Tonic shampoo was launched, containing skin healing ingredient * Allenton – designed to help keep the sc alp free from infection. * In 1961, Sunsilk Liquid shampoo was re-launched to Sunsilk Beauty, because ‘Liquid’ in the name, originally used to distinguish the product from powdered shampoos had become meaningless as the majority of shampoos were now in liquid form. In 1962, Sunsilk was marketed as a range of shampoos for different hair types. Sunsilk significantly improved product formula and launched new variants in 1966: the first major shampoo to contain oliv oil, which acted as conditioner to make hair soft and manageable; shampoo for dull hair, which restored hair’s natural shine; lemon shampoo for greasy hair with deep cleansing ingredients. * Sunsilk hair spray was first launched in 1964 to enter an expanding hair-spray market, but in 1966 a new product formula was developed which gave hold, even in damp weather whilst still caring for hair. The hair spray contained a French perfume and could easily be removed by brushing or shampooing it out. In 1969, all Sunsilk shampoo was re-packaged in new PVC bottles, which were larger than traditional glass bottles for the same price. * Sunsilk conditioner was launched in 1971 with three variants for dry, normal and greasy hair. In 1973, Sunsilk launched an aerosol dispensed setting lotion. An economy size shampoo bottle was introduced for Sunsilk in 1974. * In 1975, Sunsilk became the biggest name in hair care with 1,000,000 packs being sold every week. * In 1980, the whole Sunsilk range was re-launched, with improved formulations and packaging design to bring the brand into the 1980s. * In 1985, Sunsilk styling mousse was launched and 2 years later a conditioning mousse followed. In 1989, Sunsilk introduced with three variants related to hair type endorsement of a hair stylist was the first step in building the image of brand as health care expert. * In 2000, to strengthen the brand UPL decided to prelaunch Sunsilk premium range consisting of four variants in January. * In 2001, Sunsilk move d into the hair colourant market for Asian-type dark hair, offering a range of seven permanent colors from natural black to copper with purple, red and gold tints. * In 2003, Sunsilk launched a new range of shampoos and conditioners, which were developed to meet women’s hair needs and reflect the way women, think about their hair.The fake institute (a trademark by Sedal) â€Å"Elida Hair Institute† developed the products in response to market research. Each product contained a unique formulation of ingredients, combining the best from natural and scientific worlds to help combat common hair problems. 1. b) Milestone Sunsilk starts working as consumer product from 1954 in Uk and now it is an international product. In these days Sunsilk did some special achievements which smoothed its way. Such as – Years| Activities | 1954| Sunsilk first launched in the UK. | 1955| First advertisement of Sunsilk appeared on TV. | 1959| Available in 18 countries worldwide. | 1964| Launch of Sunsilk hair spray. | 1968| Sunsilk shampoo re-packaged in PVC bottles. | 1971| Launch of Sunsilk conditioner. | 975| Sunsilk became the biggest name in hair care. | 1989| Introduced 3 variants related to hair type endorsement| 2000| Prelaunch Sunsilk premium range consisting of four variants| 2003| Sunsilk glossy magazine launched in Argentina| 2008| Social networking site Gang of Girls was introduced in India. | 2. Company Analysis of Sunsilk Name | Sunsilk Shampoo| Logo| | Category | Consumer Product | First Launched In| 1954| First Launched At| United Kingdom| Produced By| Unilever Group| Main Theme Of This Product | It knows you, and hence knows exactly what your hair needs| Total Hair Expert | 7| Available In | 50 countries throughout Asia. | Sector | FMCG|USP | Popular hair care brand having product for all types of hair| Tagline/ Slogan | For Expert – Touched Hair; Life Can’t Wait; All you need is Sunsilk| Segment | Personal Hair Care Shampoo availab le in multiple variants| Target Group| Girls in the age group from 16 to 40| Positioning | The Sunsilk hair care range provides a complete hair care solution and functions as a 3-step combination of cleansing, nourishing and manageability| 3. Mission Of Sunsilk Sunsilk’s mission is to add vitality to life. We meet everyday needs for personal care with brands that help people feel good, look good and get more out of life. 4. Vision Of Sunsilk To earn the love and respect of India, by making a real difference to every consumer is the xision of Sunsilk 5. Goal Of SunsilkSunsilk was launched in the UK in 1954. It was available in eighteen different countries worldwide. Currently, Sunsilk products are available in over 50 countries throughout Asia, The Middle East, North Africa and Latin America. Sunsilk’s goal is to be the number one shampoo of the whole consumer product market as soon as possible. 6. Segmentation | Child| Female| Male| High Price| Johnson| Fiama D WillsDo ve, Loreal | Revlon,Loreal| Low Price| Meril| Clear,Head & Shoulder| Sunsilk,Clinic Plus| 7. 4p’s of Sunsilk 7. a) Product Currently, the range consists of: * Yellow Sunsilk with Bio Proteins from Vegetable Extracts: Normal hair needs wholesome nourishment.New Sunsilk with Bio Protein extracted from Vegetable milk has nutrients that deeply penetrate each hair strand, to nourish it leaving hair strong and beautiful. * Black Sunsilk with Melanin from Plant Extracts: Dull hair needs a rich black shine. New Sunsilk with Melanin extracted from plants serves this purpose very effectively. It helps in the growth and retention of the black color of hair, giving it a rich black shine. * Green Sunsilk with Fruitamins Vitamins from fruit Extracts: Thin and limp hair needs extra body and volume. New sunsilk with Fruitamins has natural extracts from fruit that contains Vitamins. These vitamins help in giving extra body, shine and amazing manageability to the thinning and lifeless hair. Pi nk Sunsilk with yoghurt proteins : Dry hair needs wholesome conditioning, extra shine and style. New Sunsilk with yoghurt proteins makes the dry hair full of life. Its especial ingredients moisturize each hair right to its tips leaving it shiny and beautiful. * Orange Sunsilk with active nutrients from Citrus Extracts: The advanced formula of orange Sunsilk is the result of the latest research. This shampoo is especially designed for oily hair type that looks flat and greasy due to the excess of moisture. New sunsilk with active ingredients from citrus extracts cleans the excess oil off hair while its nutrients deeply penetrate each hair strand to nourish it.Buying Rate of Consumers of Sunsilk Shampoo 7. b) Price UNILEVER claims to practice value-based pricing in which the customers’ perception of the product’s price provides a starting point for developing the marketing mix of the product. The research department determines this price usually by using focus groups. Th e price of Sunsilk shampoo sachets shows how the price also reflects a concern to make the purchase more convenient, since the rupee is denoted in this value. A present market price example of Sunsilk and Dove shampoo can easily show this – Sunsilk| Cost| **| Dove| Cost| 200ml| 140/=| **| 200ml| 170/=| 700ml| 500/=| **| 700ml| 600/=|Mini pack| 2/=| **| Mini pack| 3/=| So as per the market segmentation of shampoo in Bangladesh, Sunsilk (Unilever) provides same quantity of shampoo like other brands but comparatively in low price 7. c) Promotion There a number of ways to advertise both local and global brands in the market. Some of the very common means through which advertisement is done include: * Electronic Media: Electronic Media has been the major factor in determining the global success of Sunsilk. In today’s world where an average middle class individual has access to 30 to 40 channels through the cable minimum, has the ability to view different types of advertisem ent just flipping the channels.Thus the consumer of today is so well posted on the fact that whenever a new product is launched, is it in the United Kingdom or in the United States, a consumer living in Asia would be well aware of the features of the products and he would know who the company is targeting. * Print Media: Print Media advertisement is one of the common ways of advertising. The print media including the magazines, newspapers and brochures are relied upon a lot. In print media, the importance of placing the advertisement plays an imperative part in increasing the sales of the product. * Billboards: Billboards have become one of the most influencing ways to advertise in our world. Everyone can see a whole advertisement like you watch on your own televisions or the type of moving and animated type of advertisements that you can see on the billboards happen to be very much in fashion.Sunsilk also has nearly all of its products on the billboards when either it’s laun ching a new ad, coming up with price promotions or re launching any product. These ads seem to be appearing all the time, which is really good for the company, as they are easily attracting the customers in every possible manner. * Giving out free Samples: When the new Sunsilk Black was introduced, what the company did was, to create awareness amongst the youth they went to schools and colleges and distributed free samples of the products and gave out little brochures which told the qualities that the product had and the proper method of getting a black and shiny hair look. 7. c. i) Media plan of Sunsilk January| February| March| April| May| June| July| August, September, October| November| December| Electronic Media| * | * | * | * | * | * | * | * | * | * | Print Media (weekly once)| * | * | * | * | * | * | * | | * | * | Billboards| | * | * | | | * | * | | * | * | Giving out free Samples| * | | | | * | | | * | | | Concert| | * | | * | | | | | | * | 7. c. ii) Creating an advertise fo r Sunsilk To create an advertisement is to make people (consumer) informed about a new product. Sometime products which are in market also use advertising to make selling rate high. Creating advertise for Sunsilk has to go through some certain steps to make a fruitful consequence. Such as – Select Objective (depends on product’s life cycle) Initiative or Persuasive or ReminderBudget Slogan Message Emotional / Funny /Rational Appeal / Romance / Entertainment / Fear / Humor Strategy Evaluate Media Reach, Frequency & Impact Alternatives Choosing Among Media Choosing Specific Media Select Specific Time * Step 1 : Select Objective In Selecting Objective steps Sunsilk stay in the ‘Maturity Stage’ of Product Life Cycle which required specific advertising objective ‘Low Persuasive’ Sunsilk Sales & Profit) (Initiative) (High (Low Persuasive) Persuasive) (Reminder) (Time) Product Product Product Product Product Develop Introduction Growth Maturity Decline ‘Low Persuasive’ objective works on – i. Building brand preference, ii. Encouraging switching to Sunsilk brand, iii. Changing customer’s perception of product value, iv. Persuading customers to purchase quick, v.Convince customers to tell others about Sunsilk specially. * Step 2 : Budget Product’s company has to finance a budget. As an international consumer product producing organization under UNILEVER Sunsilk has ability to maintain a high rated budget plan. * Step 3 : Strategy The most critical step of advertising is ‘Strategy’. It contains 2 particular part. Such as – a) Message b) Media a) Message: message contains 2 part called Slogan & Appeal. Slogan – ‘Next Generation’s Shampoo’ Appeal – Sunsilk is a consumer product for hair which has deep emotional & romantic impact on human being. So to create advertise, emotional appeal can be chosen. ) Media : Reach, Frequency & Impact Choosi ng Among Media Choosing Specific Media Select Specific Time Reach, Frequency & Impact – Reach means how much people see the advertise total ; Frquency means how much people see the advertise at one time & Impact is the concequence of the advertisement, which is counted by TRP( Target Rating Program). Choosing Among Media – Media is the via to which advertise will be publish. For Sunsilk advertise media, T. V is the perfact media in case of Bangladesh. Choosing Specific Media – Sunsilk is an advertise for women, who aged 16 to 40. So have to choose those T. V channels which are regular to them.In Bangladesh ntv, Channel i, ETV,Bangla Vision, Channel 1, Machranga t. v, my t. v etc are prefarable for urban area & BTV must be prefarable for rural area. Select Specific Time – Select specific time refers to select that time when the specific audience remains infront of T. V. women generally watch T. V after 3pm to 9. 30pm for movie & daily serials. So Sunsilkâ €™s advertise will telecest in this time mainly. * Step 4 : Evaluate Alternative This step to judge the quality of new advertises. If a positive result come, only then advertise will be telecast. 7. d) Place Distribution Objective: â€Å"To reach as many towns and villages as we can†UNILEVER has 150 distributors whose function is to sell to wholesalers directly. There are different distributors for different areas. They are carefully selected and their performance is constantly evaluated. * Wholesaler, * Merchant, * Broker, * RETAILERS Sunsilk goes to these stages such as- Wholesaler, Merchant, Broker & Retailers through wholesalers. Then they sell Sunsilk products to final customers as consumer product in retail price. Producer (Sunsilk) OR Producer (Sunsilk) (Sell) (Sell) Merchant (value add) Merchant (value add)Wholesaler Wholesaler Brokers (works for commission) Wholesaler Retailer Wholesaler Wholesaler Retailer Wholesaler Retailer Retailer 8. Market Scenario of Suns ilk 8. a) Target Market The main target market of Sunsilk is females between the ages group 16-40 belonging to the lower and middle income classes. But in their promotional activities, they cover the whole market irrespective of these classes. Sunsilk target its market on the basis of consumer buying behavior, income level, and purchasing power of people.For which quantity of the product can be changed according to the income and purchasing power of the consumers as in case of Sunsilk 120ml and 5ml packs are also available to target low income groups. 8. b) Market Share Sunsilk as a market competitor, they are steadily gaining market share. At present market situation is that Sunsilk owns 38% of the total market share. 8. c) Mind Share Too buy shampoo rational consumers firstly think about Sunsilk due to the promotional strategies of Sunsilk. So that Sunsilk rapidly increase their mind share. Figure: Mind Share 8. d) Heart Share Due to reach product and marketing attributes & featur es Sunsilk’s mind share in total competitive market is higher than any other brand. Consumer would like to choose Sunsilk as their first choice. Figure: Heart Share 9.Competitive Strategies of Sunsilk 9. a) Defining the strategic objective: The Sunsilk Shampoo aims at fulfilling the needs of its target market by offering a high quality, assessment of the concept in terms of its acceptability, credibility and perceived benefits, that it offers a healthy choice shampoo alternative to the targeted consumer. The theme of the product shall be anchored around the motto. 9. b) Expanding the Total Market: Sunsilk is very sensitive to increase its market. It’s sometime very challenging for a firm to expand its total market. Sunsilk basically wishes to increase new customer and more usage. 9. b. i) New customersSunsilk is trying to attract buyers who are unaware of the product or who are resisting it because lack of such features. Sunsilk is using market penetration strategy, ne w market segment strategy and geographical expansion strategy for searching new consumers. Very attractive advertising and other propositional activities perform a vital role in this case. 9. b. ii) More usage: Sunsilk recently increase the amount, level and frequency of consumption. It also improves packaging and redesigns the product. It offers larger package sizes and makes the product more available. They emphasize more on marketing program, which inform the consumer about the brand and it frequently develops the product which also spurs new uses. 9. b. iii) Regular Customers:Sunsilk knows that to continue regular customers is more important than to create new customers. So to hold regular customers, Sunsilk is always careful and makes a standard scale of own product. Sunsilk tried hard to situates or if possible as soon as possible increase the standard scale foe regular customers. 9. c) Choosing General Strategy: 9. c. i) Flank Attack: Sunsilk can follow segmental strategy. In market Head & shoulders targeting mainly high and middle class people but big portion in lower class consumer could not adopt their product. So, Sunslik targeting the lower class, who have lower income and launch new product at a lower price. 9. c. i) Frontal Attack: Sunsilk can launch new shampoo combining conditioner, anti-dandruff, and shinning in a one product as follow as Head & Shoulders. 9. C. iii) Bypass Attack: Sunsilk can introduce anti-dandruff shampoo and provide an extra conditioner in a package. 10. Competitive rivalry position of Sunsilk 10. a) Availability of Many/Equally Balance Competitors Sunsilk is no one most important rival of other brands such as, Dove , Head & Shoulder , Clinic All Clear , Pantine , Herbal Essences even Neutregena . But as because Sunsilk has a separate market , these other brands are not able that much to change Sunsilk ‘s market price . EvenSunsilk is a great threat for them. Rate of Sunsilk Users 10. b) Industry growth declines Duri ng the production cycle, a product has to face these following stages: I. Introduction Stage II. Growth Stage III. Maturity Stage IV. Decline Stage Sunsilk has passed its introduction & growth stages successfully, now it is in its maturity stage. As we know that the maturity stage is the most competitive stage in production cycle. Sunsilk has to face a huge challenge in this stage . In maturity stage occasionally the industry growth slows down but sunsilk is able to hold its maturity stage by promoting new versions, new brand ambassador . new advertisement ,new offers etc .Such as , a 200ml Black shine Sunsilk ‘s market price is 140Tk. where as the same amount of (200ml ) Dove shampoo ‘s market price is 170TK. Customers are more biased to buy Sunsilk Black Shine rather than Dove ,though Sunsilk has reached its maturity stage . Maturity Stage of Sunsilk Is The Price Worth? (Market Price Of Sunsilk) . Production Cycle 10. c) BCG Marketing | Low Market Growth| High Market G rowth| HighMarket Share| | | LowMarketShare| | | 10. d) High Fixed Cost & Storage Cost of Sunsilk Sunsilk has 47 years business throughout the world, so it’s fixed cost isn’t too high as well as it’s storage cost is not that much high .And as we know that storage cost is one kind of fixed cost , so it is a advantage or positive power for Sunsilk , because other brands has a high storage cost & fixed cost because they don’t have that much long duration of business life like Sunsilk. 10. e) Low Switching Cost of Sunsilk Sunsilk can be differentiating easily from other brands, because it has separate fragrance, separate color, most of all it has separate position in market as a well known shampoo. Sunsilk’s switching cost is also very high there is no chance to increase its competitive rivalry by lacking of differentiation opportunities or low switching cost. 11. Threat of Substitution Product of SunsilkThe threat of substitute products is the extent to which alternative products or services may supplant or diminish the need for existing products or services. 11. a) Buyer’s Low Switching Cost As we know that 200ml Sunsilk shampoo’s market price is 140Tk, where as Dove 200ml‘s price is 170 TK . So , we can see that buyers find Sunsilk more cheaper than Dove and other brands. Actually Sunsilk is a threat of substitute products to other brands. Sunsilk| Cost| **| Dove| Cost| 200ml| 140/=| **| 200ml| 170/=| 700ml| 500/=| **| 700ml| 600/=| Mini pack| 2/=| **| Mini pack| 3/=| 11. b) Substitute Product’s Price is Lower This problem occurs if the other branded shampoo has cheaper market price than Sunsilk.So buyers are getting more attraction to buy other brands rather than Sunsilk shampoo in market. 11. c) Substitution Product’s Quality & Performance is Greater / Equal to Existence Product It will be a threat for Sunsilk if other brands will have better quality than Sunsilk. To avoid this threat Sunsil k often offers new innovation on its production policy. Such as, Sunsilk made a deal with 7 famous hair experts of the world . This was a great attraction to the buyers. Buyers have found that no other brands offered such an excellent opportunity to beautify their hair condition. So a huge number of buyers continued to use Sunsilk & shift from other brands to Sunsilk. 12. THE POWER OF BUYERSThe power of buyers is the extent to which buyers of any product or services in an industry have the ability to influence the suppliers of that product or services. The bargaining position of buyers changes with time and a company’s (and industry's) competitive strategy. The buyer's power is significant for Sunsilk because when the power of buyers increase, buyers can force prices down, demand higher quality products or services and in essence, play competitors against one another, all resulting in potential loss of industry profits. Buyers exercise more power when – 12. a) Buyers a re larger and few in number In case of ‘Sunsilk product’ the buyers are larger and few in number mean the number of buyers is few but they purchase in a huge numbers. This situation does not occur normally.Because buyers (consumer) of Sunsilk are not few and do not buy in large amount. Buyers are large in number and they buy in small amount for them. This is an advantage for Sunsilk product and a disadvantage for buyers. 12. b) Buyers Purchase a Large Portion of an Industry’s Total Output In this situation buyer buy a large portion of the whole output of the industry. It automatically makes the buyer powerful. Here the buyers mean the shopkeepers who bought in a large amount for sell from Sunsilk. They can force prices down, demand higher quality products or services, in essence play competitors against one another, all resulting in potential loss of industry profits.But in case of Sunsilk there is no chance to happen this situation because Sunsilk has a lot of b uyers who purchase in huge volume. This is an advantage for Sunsilk. 12. C) Buyers switching costs low When other competitive product’s costs lower than Sunsilk, it is easy to switch to another product. But it cannot happen because Sunsilk gives the best quality shampoo in fewer prices at the same amount. For example here we compare dove shampoo’s price with Sunsilk shampoo. 12. d) Buyers can pose threat to integrate backward into Seller’s Industry Buyers can pose threat to integrate backward into the seller’s industry if buyers worked as a group.Group of buyers can act threat to integrate backward into the industry. Sunsilk has individual buyers, so there is no chance to face any threat from buyers for Sunsilk and it is also an advantage for this industry which is a disadvantage to its buyers. At last it is to analyze that Sunsilk is a large and famous industry and for these qualifications and financial capability Sunsilk can overcome the power of buyers . 13. THE POWER OF SUPPLIERS 13. a) Suppliers are large and few in number It means the number of suppliers is few but they supply in a huge numbers. When this situation occurred suppliers must increase their demand against the buyer (industry), so the industry faces lose at large.But it is not possible with Sunsilk because as a large industry Sunsilk keeps the number of suppliers many and they supply in small amount. So there is no way to exercise more power to suppliers of Sunsilk. It is an advantage to Sunsilk and a disadvantage to suppliers. 13. b) Suitable Substitution Products Are Not Available Suitable substitution products are not available described the situation when there are lack of substitution products. Sunsilk use many ingredients in making, so when this situation occurs Sunsilk must switch to another substitution. Such as Sunsilk use ‘chemical essence’ for smell and this ingredient is available all time because any supplier can supply it.Or if the lack of substitution product happens anyhow, Sunsilk switch to other chemical essence or something else which can fulfill Sunsilk product’s requirement. So Sunsilk never give chance to become the suppliers powerful 13. c) Individual Buyers Are Not Large Customers of Suppliers When any producer purchases ingredients from suppliers, he becomes a buyer of those suppliers and if the buyer purchase at low volume he does not get any advantage from suppliers. In case of Sunsilk, it needs huge volume of ingredients from suppliers as buyer. So there is no way to be ignored by suppliers when the buyer is the famous & large Sunsilk. 13. d) Suppliers Goods Are Critical to Buyer’s SuccessThe main ingredient supplier of any product is called critical supplier of that product. For assumption we take the Sunsilk Co-Creation Stunning Black Shine Shampoo, which use many chamials as main ingredient such asS204, sodium loreth sulphet, carbomied, panthalon etc and it is easy to get that ingredien t’s supply and also supplier. So critical supplier’s good cannot create any harm to Sunsilk. 13. e) Supplier’s Products Create High Switching Cost Supplier’s products create high switching cost means industry needs to pay more if wants to switch to another supplier. In case of sunsilk this problem does not occur. There is a lot of suppliers for supplier’s product of Sunsilk because of being a large and famous industry.So there is no chance of high switching cost of supplier’s product. 13. f) Suppliers Can Pose Threat to Forward Integration to Buyer’s Industry Suppliers can pose threat to integrate to the buyer’s industry if suppliers worked as a group. Group of suppliers can act threat to integrate to the buyer’s industry. Sunsilk has individual suppliers, so there is no chance to face any threat from suppliers for Sunsilk and it is also an advantage for this industry which is a disadvantage to its suppliers. At last it is to analyze that Sunsilk is a large and famous industry and for these qualifications and financial capability Sunsilk can overcome the power of suppliers. 14. SWOT AnalysisSWOT analysis is the easiest way to find out the Strengths, Weakness, and Opportunities & Threats of any industry. As an international company Sunsilk has also those. This analysis identified the ‘Strengths’ to fill the ‘Weakness’ of industry. to make the proper use of ‘Opportunity’ and create consciousness for the ‘Threats’ in industry. SWOT analysis of Sunsilk is – 14. a) STRENGTHES * UNILEVERs Limited is one of the largest organizations in India. * Company has advanced technology and well skilled professionals. * The New Sunsilk Shampoo is a high quality product in terms of hair protection. * The target market is educated, professionals and belongs to premium and middle class. Company totally owned, systematic distribution network, transparent communi cation system. * Participative management style * Very good distribution network all over India, in all major and small cities. 14. b) WEAKNESSES * Competitor has strong promotional activities. * Customers are offered better alternatives by the competition. * Advertisement flaws- * Devaluation of product * Product’s quality loses its values * Poor promotion of free samples * No unique identification of product 14. c) OPPORTUNITIES * Population expanding at a rapid rate. * Consumers are becoming more quality conscious * Current capacity utilization is 80%, which can be further broadened with the increase in demand. Customer base is increasing with effective marketing. * Baby shampoo is another area where HINDUSTAN UNILEVERs can make huge gains. * Shampoo plus conditioner and anti-dandruff shampoos are another area where UNILEVER can earn huge profits. * Rural areas are a large prospective market where they can introduce Sunsilk. 14. d) THREATS * Political and Economic factors. * Partial Government policies. * High rate of competition. * Local and Foreign competition. 15. RECOMMENDATIONS 1. The Sunsilk is a global company and each country has own culture, so Sunsilk should drive according to local preferences and needs because it is really necessary in today economic crisis to capture huge market share.Sunsilk can arise and ensure social responsibility in the society, so they would establish themselves in customer mind and customer would be loyal about Sunsilk. To ensure social responsibility and highlighting benefits they provide Sunsilk can raise their revenue. Sunsilk must focus on social responsibility, to maintain image among customers, mainly advertisement covers huge expenses of Sunsilk, but we recommend them to cut their advertisement expenditures, in the economic crisis and should more focus on social responsibility. To ensure social responsibility and highlighting benefits they provide Sunsilk can raise their revenue. Figure: Sales revenue and s ocial responsibility 2. People are familiar with Sunsilk, however they are not interested in whether it is a unilever product or not.Through extensive marketing methods unilever should make people aware of the fact that it is a Unilever Product and not just any product so that the brand loyalty increases and people purchase its product due to its brand name and not just the product name. 16. Conclusion Sunsilk has huge potential of rural market 72% of total population but not yet develop a successful strategy to penetrate this market. The success of Sunsilk emulated which captured the rural market by two strategies- Develop strong distribution structure and Adopting packaging and pricing. Sunsilk increase buying of raw material so that it does not have to suffer devolution and continuously increase in tariff rates.They introduced a smaller 100mi pack of Sunsilk in order to capture lower income segment. Sunsilk enter into web marketing. They should increase frequencies of advertising by electronic and print media. They should introduce 2 in 1 shampoo plus conditioner which demand huge potential market. Finally, taking everything in account we can say that if Sunsilk emphasize more on social responsibility and create more attractive marketing programs, they can grab huge number of customers. 17. Annexure * www. unilever. com * www. unilever. com. pk * www. millwardbrown. com * www. google. com * www. wikipedia. com * www. ac. com * Unilever financial statement 2007-08 * www. scribd. com * www. slideshare. net