Analysis of Price Setting, Poverty and Obamacare

Analysis of Price Setting, Poverty and Obamacare Question : 1 Nike’s charge a price Considering the Nike’s charging a price of a Air Jordan Basketball Shoes, economically we shall have to discuss about the price determining factors that why and how the Nike’s and under what circumstances is defining the price. The followings are the factors which can influence the Nike’s price determination: Cost of Product: This means calculation of all costs including procurement of raw material, manufacturing, distribution, labor, and other miscellaneous expenses. If the rate is not inclusive of break-even there would be trouble. So Nike while fixing the price must have notice the cost. Profit Margin: After measuring the cost, the business wants the profit taking as to what extant there should be the earning. So that it may influence the Nike’s strategy while determining price. Market Demand: It plays also a vital role as in case of less demand the price shall be lower while in case of high demand the price shall be high. Demand & Supply concept affects the price determination. Experience & Market Credibility: This is also a known factor to the price determination because the credibility in the market gives the seller sound position and the buyer trust the goods produced by well experienced and well reputed manufacturer so that they also influence the price determination factor. Market Competition: In case of excess of business rivals, there is a strong competition occurs in the market so that the prices are to be determined in a way to attract the buyer maximum. [1] The all above factors generally influence the price determination therefore we can say that Nike can charge the price as it may has considered the above factors. Its cost & profit margin as well product demand may influence and would demand the price that Nike is going to fix. Que: 2 Explain in detail what is being done to combat poverty? But also add why poverty is so hard to define and ultimately solve. Th e poverty is a state of person in which is becomes unable to meet his necessities from the resources available to him. The necessities include, food to maintain the hunger, education, healthcare facilities, shelter to reside, clothes and the means to live and improve. It is a hard task to define and measure the poverty since past because the growth rate of the population is increasing with a high margin than the growth in resources. All around the world especially the third world countries are facing this problem more. The United Nations has been planning and working to reduce the poverty in collaboration with IMF, World Bank and other financial institutions. A statistical figure printed by â€Å"One Day’s Wage† show that the 2.4 billion people around the world have been living on less than $ 2/day and approximately 1.2 billion are living on less than $ 1.24. (Extreme Global Poverty) [2] . About 3.4 million people die every day because of water related disease and appr oximately 768 million people have no access to clean water. The number of dead due to HIV/AIDS is 11,700 while 61 million children having the age of primary education are not attending the schools. In every minute at least one women is being die due to pregnancy or labor complications. 29.8 million People are enslaved. (The World Bank Survey and One’s Campaign). Strategy of One day’s Wage is to get the donation of one day from the individuals at global levels to combat the poverty and provide the aid to the people.

Resulting and Constructive Trust in Equity & Trust Case Study

Resulting and Constructive Trust in Equity & Trust - Case Study Example She also, throughout the relationship, looked after the children and performed all the usual domestic duties around the home. In Sept 2003, Lynn formed a liaison with another man and moved out of the house. She brought an action against Mike claiming that she was entitled to a half-share in the house by reason of her contributions to the house hold expenses during the period the parties lived together. According to the evidence at the trial in the High Court, both Lynn and Mike had assumed that the house was jointly owned although the matter was never actually discussed between them. It is also not in dispute that, if it had not been for the fact that Lynn was working part-time, Mike would not have been able to meet the mortgage payments out of his own salary. 1) Applying Lloyds Bank plc v Rosset (1994) 1 A.C. 107, (HL), in the absence of any finding of an agreement, arrangement or understanding between the parties to share beneficially, Lynn's indirect contributions to household expenses were insufficient to found a beneficial interest in the house. In particular, the court refused to follow the decision of Mr. Nicholas Mostyn Q.C. (sitting as a deputy High judge) in Le v Le Foe (2002) 2 F.L.R. 970on the ground that it was inconsistent with Lord Bridge's speech in Rosset; 2) Distinguishing Midlands Bank Plc v Cooke (1995) 4 All E.R. 562 (C.A.), it was not open to the court to assess Glady's beneficial share in the house by undertaking a survey of the whole course of dealings between the parties relevant to their ownership and occupation of the property. The principle enunciated in Cooke applied only to the establishment of an equitable interest through direct contributions. In December 2004, the Court of Appeal dismissed Lynn's appeal affirming both grounds given by the High Court. Task: Lynn now wishes to appeal to the House of Lords against the Court of Appeal's decision and seeks your written opinion on the merits of her claim. You should support your advice by reference to decided cases. Answer: The current state of caselaw on implied trust and beneficial or equitable interest in property due to indirect contributions to family home is not favourable to the appeal being considered by Lynn Jones. English courts are reluctant to adopt the remedial constructive trust principles of Canadian courts. It seems to be that judicial reasoning on implied trust rely on contributions to the purchase price and provable agreement, arrangement or understanding between the parties to share the property beneficially prevent the application of principles of justice and conscience in the present case. The facts of the problem show that the court had already struck down Lynn Jones arguments on the application of resulting trust principles because of the lack of contribution to the purchase price or proof of agreement, arrangement or understanding to share equitable interest. Not only the Rosset and Cooke cases but also the basic direction of

Telecommunication in healthcare Speech or Presentation

Telecommunication in healthcare - Speech or Presentation Example Another area which has been evolving over the course of years and decades is the healthcare industry. Healthcare has constantly evolved with the times, from poor and dangerous practices to safer, more effective procedures. From the old days of blood letting and body humors, to CT scans and brain surgery, healthcare has come a long way, and continues to evolve in order to aid mankind in staying healthy, relieving pain, and generally living longer. The goal of this paper is to examine and assess the marriage of these two topics; telecommunications in the healthcare setting. It aims to discuss its current state, benefits and set backs, as well as to try and predict where it will be in the next 5 years. It aims to do so by laying the topic out as such: 1. What is telecommunication? 2. Telecommunication technology used in the hospital setting 3. Advantages and disadvantages of telecommunication in healthcare 4. Significance of telecommunication in the healthcare setting 5. Where will heal thcare telecommunications be in 5 years What is telecommunication? Telecommunication, according to dictionary.com, is â€Å"the transmission of information. . . usually over great distances, in the form of electronic signals..†. This gives us a guide as to how to look at the technology that will be discussed in this portion of the paper. There are many forms of this technology available in the market today. The basic form of this technology is of course the telephone. There are many types of telephones that use different types of connections in order to communicate such as the regular public switch telephone network, internet protocol or IP phones, and mobile carrier phones. This is most likely the first thing that would come to mind when thinking about telecommunication, however, this is but a small part of the technology. Other examples are chat and email. These on the other hand are text-related forms of telecommunication. These provide a great way to send out information quickly if incase there is no time to spend on the phone and if details are needed to be sent over that require visual support. You can also consider fax as a form of telecommunication as you are still sending over information electronically; it’s just turned into a hard copy once it is received. One other form of telecommunication, which people normally do not think of, is the public announcement system. It still fits into our description of sending over information electronically. The great thing about telecommunications is that it is flexible, it evolves in conjunction to our needs and it improves greatly over the course of a relatively short period of time. This means that it is effective in most settings and is able to provide multiple options for connectivity. Telecommunication technology used in the hospital setting The healthcare industry has slowly grown and evolved throughout time and so have the technologies that they used. As they made an effort to solve more prob lems, their need to communicate, share information and collaborate also grew and changed. Gone are the days of regular landline calls and pagers. The healthcare industry now uses great technology and equipment in order to have better communication, record keeping, and collaboration. Aside from the average technology such as IP phones, email, chat, fax and the PA system, the healthcare industry also has other tools up its sleeve. One of them is video conferencing. There is one kind that is specially

Answers Coursework Example | Topics and Well Written Essays - 1000 words

Answers - Coursework Example Partnership with several big brands and acquiring several potential outlets. Effective business expansion strategy. Effective employee strength. Significant reputation among the target customers. Weaknesses Major of the outlets are located only in UK, therefore, they are failing to capitalize on the potential global opportunities. Due to this, they are lacking to achieve the advantages of economies of scale. Only provide Italian style foods and major of the brand names are not known to people. Inadequate food sector than other existing competitors. Lack of change process adoption. Limited presence in global market place. Depending on one supplier. Opportunities Product diversification strategy and implementation of internet cafe in business process. Further 450-500 store expansion in both international and domestic market within 2015. Future international business expansion plan due to the economic development of several countries. Change of social trends to hang around in a coffee b ar for several purposes. Threats Huge competitive market place due to the presence of potential organizations, such as Costa, Starbucks, Subway, Greggs and Bakers Oven. Fluctuating currency exchange rate in global market. Economic downturn and low disposable income of middle class people and political instability. High bargaining power of suppliers and high price of coffee can affect the business output. If people change their trends in near future, such as from coffee consumption to tea, then it will affect the overall industry. Answer 2 UK coffee and sandwich market is significantly growing due to the presence of several leading branded coffee and sandwich chains. Caffe Nero Group Ltd. is one of the popular coffee chains in UK. The organization is popular for its high quality coffee and effective fresh food items. The organization has followed Italian style in its product differentiation strategy. However, in terms of segmentation strategy, the organization has implemented Demogra phic and Geographic segmentation. In terms of Geographic segmentation, the organization has majorly focused on the people of UK. It is the social trend of UK people to consume coffee products, such as cold coffee, regular coffee from the coffee chains. Moreover, the organization has, established their stores in major cities in UK in order to achieve potential target customer base. However, the organization has understood the geographical potentiality of places and established the stores according to the trends. In terms of demographic segmentation, the organization has classified its target customers in three groups, such as income, age and gender. It is evident that, women are the maximum users of coffee shop comparing to the male users. Therefore, the organization has targeted the ladies to achieve growth. The target customers are aged between 35 and 55. Busy office goers are the major target customers Caffe Nero. Finally, the organization has targeted people of high income group as they are the potential customers of coffee and sandwich shops. Answer 3 This part will propose a marketing mix strategy to Caffe Nero for further improvement. Marketing mix strategy consists of product, price, place and promotional marketing strategy. Product The major product of the organization is coffee. Due to this, everybody knows that, Caffe Nero is a coffee house and serves fresh foods, pasta, sandwiches and parties. In UK the organization

Measuring stress levels of staff

Measuring stress levels of staff There are several ways in which stress can be measured for example by self report, biochemical and physiological methods Self report methods Stressful life event scales measures stress prospectively through the reported life change for example Holmes and Rahes Social Readjustment Rating Scale (SRRS). They examined 5000 patient records and made a list of 43 life events that seemed to precede illness. Nearly 400 participants were asked to rate each item in terms of the amount of stress it produced, and an random value of 500 was assigned to marriage as a reference point. The results were averaged and divided by ten to get a measure of the individual events in terms of life change units representing the degree of stress caused by events. Their research using SRRS suggested that life events were associated with various physical illnesses. Self-perception of stress measures subjective feelings of stress associated with negative or positive life events for example Sarason et al.s (1978) Life experiences Survey (LES). The SRRS provides a relatively quick measure of a variety of stressor stimuli and the LES takes into account the subjective cognitive appraisal. This method however has a limitation in that subjective measures may be unreliable, change over time and confuse the causes and effects of stress. Biochemical methods This methods measure stress through chemical testing for example through blood and urine sample testing to measure changes in stress-related hormones, catecholamines (such as epinephrine) and corticosteroids (such as cortisol). For example, Kiecolt-Glaser (1984) studied human responses to stress using examinations where researchers took blood samples from 75 1st year medical students one month before their final examination and again on the first day of their final exams after they had completed two of the exams. Kiecolt-Glaser et al found that natural killer cell declined between the two samples confirming that stress is associated with a reduced immune response. These methods provide direct, reliable, objective and quantitative data on stress responses. There is a limitation however in that these methods are expensive, require specialist equipment/skill and ignore subjective perceptions (positive stress produces less cortisol). The measure can be affected by factors like caffeine or anxiety. Physiological methods There are many physiological responses that can be measured. This is done through monitoring of machinery like heart monitors and skin conductance polygraphs and stress is measured through its associated autonomic nervous system changes in heart rate and blood pressure. Change in heart rate measures the increase or decrease in the number of heart beats per minute. Heart rate can be measured with an electrocardiogram (ECG) which measures electrical activity across the skin associated with the electrical activity of the heart. It increases when a person is under stress and decreases as one relaxes. It is also affected by the intensity of the emotional response; it increases with position emotions and decreases with negative emotions . In response to unexpected stimuli, heart rate decreases, known as the orienting effect, and increases with defensive responses, i.e. fight-or-flight response. Change in skin conductance -measures the change in the conductivity of a persons skin. As stress increases, sweat increases on the palms hence increased conductivity. Higher levels of skin conductance have also been shown during learning and have also been shown to increase with the presentation of an unexpected stimulus. It is measured on the fingertips of the participant. Change in skin temperature -measures the change in temperature on the extremities of the body. As stress increases the temperature in the extremities decreases as heat moves to the bodys core thus the temperature measured on the fingertip decreases. Skin temperature reactions can be measured by placing a thermostat at the end of one of the fingers and holding it in place with thin porous tape. Other measures include EEG recordings of cortical activity, electromyogram measurements of facial muscle tensions, respiration rate and blood pressure. Physiological measures have an advantage in that they are more objective than subjective a continuous measure, so time-varying qualities of presence can be observed. They have some limitations however, in that several different stimuli could produce the same changes and physiological levels also vary widely from person to person. Skin temperature is slow to change and therefore one has to be exposed to the stimulus for several minutes. There is also the cost of the physiological monitoring equipment and trained personnel. I would recommend the company to use the self report method of measuring stress as it would be the most appropriate for a company because it is the least expensive and the staff would not need to take a day off to go and see a specialist. It would also take less time and it is convenient. Physiological and psychological methods of stress management that the company could introduce to its staff: There are many approaches which can be used to reduce stress levels. Psychologists distinguish two broad types of coping strategies; psychological and physiological. Physiological method: Biofeedback- This is a technique involving the use of recording electrodes and monitors to measure physiological responses like blood pressure and muscle tension in the head and neck. Signals are amplified and displayed to the client on a screen or through headphones. The client is trained on how to control involuntary muscles, or voluntary muscles that are not normally controlled using techniques like relaxation and meditation. This introduces autonomic nervous system activity thus the bodily sensations associated with stress and this would reduce the consequent effects of stress in terms of illness. strengths Biofeedback has produced significant long-term reductions in stress in everyday life. The use of monitors helps the person learn effective techniques to reduce arousal and they can use them independently of the technology (Holroyd et al., 1984) It does not have side effects unlike drugs It is voluntary and not invasive According to Attanasio et al. (1985), it helped teenagers and children with stress related disorders to gain control over symptoms of migraine headaches. They benefited more than adults possibly because they were more enthusiastic and less sceptical. Weaknesses There is cost of technology and time is needed by the trainer and client to learn how to reduce arousal. There is some doubt as to whether the feedback is actually necessary as some studies show that the benefits of biofeedback could be gained from other relaxation methods. It does not directly focus on causes of the stress-related problems but treats the symptoms. It is more successful with some people than others (individual differences), for example with children rather than adults. Psychological methods Stress inoculation training (SIT) Meichenbaum (1985) proposed a form of cognitive therapy to deal with stress. His stress inoculation training aims to manage stress using a cognitive-behavioural method of providing clients with strategies and skills to deal with the particular stressors in their lives. He suggested that an individual should develop a form of coping before the problem arises rather than afterwards. There are three main phases in stress inoculation training: Conceptualisation the therapist discusses the nature of the problem with the individual and a relationship is established. The client is educated about the nature and impact of stress so that he understands the effect of their existing coping mechanism. Self-defeating attitudes and coping mechanisms are identified through curious questions in order to guide the client to understand their cognitions and behaviour. Skills acquisition and consolidation The individual learns various techniques for reducing stress, such as relaxation and self-instruction by using coping self-statements, positive thinking, social skills, methods of attention diversion and time management. These are taught and practised in the clinic and then gradually rehearsed in real life. Application and follow through clients are given opportunities to apply the newly learned coping skills in different situations, which become increasingly stressful. Various techniques may be used for example imagery, modelling and role playing. The exposure to real stressors is graded and follow- through procedures employed to ensure that any warning signs of relapse are dealt with. Strengths It is very flexible, it consists of a wide variety of cognitive and behavioural techniques tailored to the individual needs of the client. It is fairly effective in reducing the stress experienced in moderately stressful situations, the stress of chronic pain, performance anxiety, specific phobias, work related stress, competition stress and stress before surgery. It deals with causes not symptoms, it offers a joint attack; skills to cope with current problems, and skills and confidence to cope with future problems. The focus on acquisition of skills provides long-lasting effectiveness as they are taught, practised and followed through and are tailored to the needs of the individual. Weaknesses This method is of less value when treating individuals who are highly stressed or exposed to very stressful situations. It is time consuming and requires high motivation. The training programme requires a lot of time, effort, motivation, money and the lengthy therapy would only suit a limited range of determined individuals. It is unnecessarily complex it is possible that the range of activities could be reduced without losing much of the effectiveness.

Settling a New World Essay -- essays research papers fc

The very survival of the early settlers to the New World would depend much upon the generosity of the Native Americans. Had the natives not been so helpful and had instead violently resisted the newcomers, European settlers might not have been so eager to come settle this new land. Both Jamestown and Plymouth would depend upon the goodwill of the native people for their initial survival while establishing their settlements. The Indians not only introduced the area’s indigenous food sources but also their agriculture techniques to the settlers. The settlers would depend upon these for their survival in a new and unfamiliar land. Being able to provide their own food would be the first step in successfully establishing the new colonies, once the settlers were able to do this their numbers grew. With that growth in population came a desire for more settlement territory, it would be this desire for more land that would lead to unrest between the Native Americans and the settlers. Upon their arrival to the New World in May 1607, the newcomers built a settlement and established it as Jamestown. Of the 104 settlers, many were â€Å"gentlemen† and ill suited for the tasks ahead. The area was swamp†¦ warm, humid and riddled with mosquito infested malarial bogs of water and parasites carrying numerous other diseases. In their haste to find wealth and the Northwest Passage to Asia, the men neglected to plant crops to replenish their food supplies, which were dwindling rapidly. Within eight months of their arrival only thirty-eight colonists were still alive. A young captain, John Smith, would become the settlement’s new leader. He enforced a policy decreeing, â€Å"He that will not worke shall not eate.† Under his leadership the colony was revived but when injured by a gunpowder explosion in 1609 he was sent back to England. John Ratcliffe was elected to take his place and under his command the settlers would experience what would come to b e known as â€Å"the starving times†. Come the end of winter only sixty survived and many of those only did so by consuming their dead neighbors. Along with the difficult situation of food shortages, there were also skirmishes with the local Native Americans. Legend holds that in 1608 Captain John Smith’s life would be spared only due to the pleas from Indian leader Powhatan’s young daughter Pocahontas, who brought food and clothing to the colonis... ...rs to this New World ultimately succeeded due to the generosity of the local natives, and due to the fact there was no unification of the local native tribes. Had the Indian natives never helped the settlers learn top plant native crops and provided aid during times of starvation, the settlers’ success would have been limited. Many times settlements were saved from the brink of extinction upon Indian intervention. If Indian tribes had been able to unite together when the settlers first began to arrive, they might have been able to join forces and win a battle against the new arrivals while the colonists numbers were still few. Had the new colonists been faced with an organized fighting force that killed them upon arrival, the European’s might have been too frightened to continue to send new arrivals for fear of slaughter. In the end it would be the English settlers who would prevail†¦ their vast numbers, superior weapons, and unified forces would overcome India n resistance. Bibliography: The World Book Encyclopedia (1999) www.jamestown.org Agriculture, Indians, and American History – www.cals.edu/aagexed/aee502/indians.html The American Journey, A History of the United States

Ethical Lens Essay

Ethical Lens Inventory Results for DESIREE Your preferred lens is: Rights and Responsibility Lens You use your reasoning skills (rationality) to determine your duties as well as the universal rules that each person should follow (autonomy). Your Core Values: Autonomy and Rationality You prioritize the value of autonomy over equality. Your primary concern is protecting individual rights. You believe this is the best way to assure that everyone in the community is treated fairly. You prioritize the value of rationality over sensibility. You believe universal rules exist that apply equally to everyone and that the best results are achieved through consistent application of the universal rules. Your Classical Values: Temperance You value individual balance and restraint in the desire for pleasure as you seek to satisfy your duties. You also know who you are, so you can act with integrity in the exercise of all the virtues. Your Key Phrase: â€Å"I am responsible.† Because you value autonomy and rationality, you tend to assume that your own definitions of what a responsible person should do apply to everyone. Your Definition of ethical behavior: Fulfilling duties You define an ethical person as one who fulfills their duties and does the right thing as an autonomous, fully-responsible adult. For you, this is the fullest expression of fairness and justice. Your Tools for analyzing problems: Reason Using your critical thinking skills is your preferred method for learning and problem-solving. You tend to think through a problem carefully and research options to find the one that will allow you to fulfill your duties. You focus on gathering and analyzing all the available data so you can make a fully informed decision. Your Gift: Self-knowledge Because you are concerned with figuring out your duties, when you are at your best you know yourself – you know both what you are doing and why. Because of this, when you say that you will do something or care for someone, you follow through. You are also able to live in the present, to determine what you need to do at any given moment to fulfill your responsibilities. Your Blind spot: Belief that motive justifies method Because you are so clear about your reasons for acting, you tend to believe that the motive justifies the method. You may unintentionally cause people upset and pain because you are so focused on your good motive. You tend to believe that ethics is a set of universal rules that everyone must follow, just as you do. You follow the rules – everyone should. Your Risk: Being autocratic (bossy) Without self-knowledge, you run the risk of becoming autocratic. You require everyone to do things your way in order to measure up ethically. You tend not to consider other interpretations of the facts or listen to other approaches once you have made up your mind. Your Temptation: Excuses If you are not paying attention, you can be tempted to excuse yourself from following the rules. You insist that you really are being true to your core values, even when you are not. You’ll convince yourself that the rules were meant for other people or that the action you want to take really does meet your responsibilities – even though your â€Å"Responsible Self† tells you otherwise. Your Vice: Becoming judgmental and legalistic Without self-knowledge, you can become overly rigid in your expectations, leading to legalism as you obsess over minute details. You will also become judgmental and when others do not fulfill (what you believe are) their duties, you will be quick to label them as unethical. Your Crisis: Becoming exhausted Unless you develop the practice of mindfulness and reflection, at some point you will become exhausted. No one can meet all of the obligations that your â€Å"Responsible Self† has on your to-do list. If you have few friends, it could be because you are so judgmental that you drive everyone away. Your Seeing Clearly: Listen to your heart To see more clearly, check to see whether your intuition, your heart, agrees with your head. To find balance, explore the gifts of the other lenses – flexibility and a concern for the whole community. As you consider what your duty is, remember that others may see the situation differently or need different supports to fulfill their duties. Also remember to think about the impact of a decision on the whole community. Sometimes an individual actually benefits by restraining autonomy for the good of the community. As you learn to consider the perspectives of others in your decision making process, you will live out the best of your ideals with compassion and care for others.