Foreign Investment In The Philippines Marketing Essay

Foreign Investment In The Philippines Marketing Essay After researching the background of the Philippines economically, politically and socially, our company believes that it is ready to venture our business into the Philippines. What kind of business sector should the company look into that is not only suitable for the local but also profitable to the corporation? In year 2012, Philippines population has reached 103,775,002 and the increasing numbers of population has made the country the 12th largest population in the world today (Central Intelligence Agency, 2012). Due to the increasing population, it has opened up opportunity for foreign companies such as ours to create business investments in the Philippines. There are numbers of industry that our corporation can look into when thinking of doing business in the Philippines, for example the hotel industry. Philippines is well known for their beautiful beaches islands and attractive tourist destination thus tourism is one of the main economy in the Philippines. The spokesperson of Philippines Tourism, Abigail Valte, states that tourism has contributed US$12.83billion for the country and it has not only helps the economics of citizens of Philippines but it also contributes to their improved standard of living (Eturbonews, 2012). Besides the hotel industry, it is recommended that our company looks at stepping into the food and beverage industry. This is because eating good food has become one of the Filipinos habits. An average person will consume three heavy meals in a day but an average Pinoy can actually eat about 7 to 8 heavy meals which consists of the normal breakfast, snacks, lunch and dinner and additional of three meals which are merienda, pica-pica, pulutan. (Matthew Sutherland, 2010). Not only that, their love of food is proven when 0.8 out of 1 of their advertisements talks about food whether you are in a bus or cab, and advertisements on television channels also will include food (Panda B, 2011). Lastly, venturing into the fashion retail industry in the Philippines can be another option. Retailing has been one of the major contributors in job offering to the locals as well as one of the reasons behind of the success of the Philippines economy. According to The Philippine Retailers Association, retailing has contributed 15 percent of their gross national product (The Philippine Retailers Association, 2012). Other than that, Americans and the Spanish have exposed Filipinos to Western culture since the colonization. In addition, pinoys always wanted to look for new gadgets and clothes that are in the current market. Moreover, because of globalization and the use of the Internet, famous clothing brands such as Zara is successful within the Philippines. Retail Clothing Industry Our company should also consider venturing into the retail fashion and clothing industry in the Philippines. Retail clothing or apparel refers to the sales of products such as menswear, womens wear, and childrens clothes to consumers usually from a physical store in an area. The retail industry has seen tremendous growth over the past several years in the Philippines. According to the Philippine Retailers Association (2012), the retail industry contributes about 15% to the total gross national product (GNP) of Philippines. Furthermore, the retail sector creates employment for approximately 5.25 million people, equivalent to 18% of the labor force in the Philippines. Retail industry constitutes 33% to the Philippine service sector (Philippine Retailers Association, 2012). Therefore, it is possible for our company to benefit from the retail sector in the Philippines. The growth potential in the retail sector for our company is relatively positive. In 2010, Business Monitor International (BMI) reported in the Q111 BMI Philippines Retail Report that retail sales were forecasted to grow from PHP1.40 trillion (US$31.42 billion)  in 2011 to PHP1.65 trillion (US$37.06 billion)  by 2014 (Business Monitor International, 2010). This is due to consumer spending and the increasing level of income. Furthermore, an increase in dual-income families and young professionals can also potentially enhance retail sales. In recent years, in order to attract foreign investment and maintain global competitiveness, the Philippine government has also opened up its retail sector to foreign companies. In 2000, this is done through the Republic Act 8762, which is also known as the Retail Trade Liberalization Act. Section 2 of the Retail Trade Liberalization Act states that it is the policy of the State to promote consumer welfare in attracting promoting and welcoming productive investment that will bring down price for the Filipino consumer, create more jobs, promote tourism, assist small manufacturers, stimulate economic growth and enable Philippine goods and services to become globally competitive through the liberalization of the retail trade sector. Pursuant to this policy, the Philippine retail industry is hereby liberalized to encourage Filipino and competitive retail trade sector in the interest of empower the Filipino consumer through lower prices, higher quality goods, better services and wider cho ices (Republic Act 8762, 2000). This gives our company the opportunity to benefit from the incentives provided by this trade liberalization act when we venture into the clothing and fashion stores in the Philippines. As fashion and clothing lines generally targeted towards the young adult demographic, Philippines growing younger population play an important role in retail consumption. Based on UN data, Filipinos between the ages of 20 to 44 has been forecasted to increase to about 39% by 2015, 63% of the population will be economically active in 2015 and 70% of the population will be located in urban areas (Business Monitor International, 2010). The Philippines also has a thriving fashion industry and the citizens are fashion conscious, especially in the metropolitan areas such as Manila and other major cities. Every season, the Philippine Fashion Week is hosted to display designs from top brands around the world and local Philippine designers as well. In order for this firm to venture into the fashion business in the Philippines, the firm would need a platform in which to create exposure for the product and the Philippine Fashion Week can be an ideal place to start building brand recognition for our firm. Moreover, our company can also take advantage of the local talent pool and hire Filipino design experts with superior knowledge of the fashion industry in the Philippines. Entry Mode There are several ways that our company can enter the retail clothing industry in the Philippines. There are many ways to sell and distribute clothing in this todays world. Some retailers market and sell their clothes and products online, shipping directly to the consumer. Others open a physical boutique or retail outlet in locations such as shopping malls, flea markets, and so on. We suggest the company to look into establishing its own clothing brand or committing to a joint venture by procuring a stake in an existing brand of clothing in the Philippines. These two methods of entering the retail market have its own benefits and drawbacks to our company. Our company can look into building its own brand by producing and selling its own garments in retail outlets in the Philippines. As a foreign brand, the Philippines is an ideal market to establish the companys foothold as a retail clothing brand because Filipinos are receptive to foreign clothing brands such as Zara, Topshop and Gap. The younger urban Philippine citizens often purchase foreign brands; therefore, our company should look into setting up its new branch in a major city such as Manila before expanding the business to other parts of the country. Furthermore, our company can also set up an online platform in order to reach customers in the broader Philippine region as well. Setting up an entire new clothing brand can be challenging for our company as well as costly. However, our company should look into reducing production costs by manufacturing within the Philippines to reduce cost of transporting or lower manufacturing costs by outsourcing the production to a country with cheaper labor. The United States Department of Labor (2011) found that the hourly compensation costs in manufacturing in 2010 in the Philippines is $1.90, which is the lowest among all the countries compared in its study including Mexico, Taiwan and Brazil and others. On the other hand, our company can look into creating a joint venture with a local brand or a local designer. The Philippines has many talented local fashion designers that may not have the resources to manufacture and sell their clothing. Our company can provide the funds necessary for these designers to create a clothing line to sell to consumers. In this sense, our company saves cost in conducting market research, hiring new personnel to observe the industry trends and hiring designers to come up with new clothing because the designers are equipped with the knowledge of the fashion industry in the Philippines and are better versed in the fashion industry. This option is less risky than Greenfield venture because the company has limited liability should the venture fail. The company will only have fewer losses from the capital provided to the designer as compared to capital losses from creating an entire new brand from scratch. Food and Beverage Industry There are a few business sectors that our company could consider venturing in the Philippines. One of it is the Food Beverage (FB) industry. FB is an industry that specializes in the making of, conceptualization, and delivery of foods. The biggest sector in FB employees are in restaurants and bars, which includes hotels, resorts, and casinos. Based on statistics by the Department of Primary Industries (DPI) in Victoria (2009), Philippines is one of the worlds youngest population and fastest growing populations, which is 96 million and 65% of its people below 30 years of age. The difference between the rich and poor is large with 30% of them living below the poverty line. This wide gulf results in very contrasting food consumptions trends in the Philippines. In general, locally produced products are consumed and low-medium priced imported products are consumed by traditional markets whereas medium-high priced imported products are mainly found in five star hotel restaurants and foreign owned supermarkets in major urban centres such as Manila. The majority of food consumed by the Filipinos are mainly manufactured by local companies such as San Miguel and RFM Corporation, which produces all major food sectors, such as processed meat products, processed fruit and vegetables products, dairy products and snacks. These manufactured food plus with fresh meat, fruits and vegetables are the typical food for the low-middle class Filipinos, who are the dominant consumer in the Philippines. However, middle-high income earners are demanding for non-traditional and imported foods that are ready-to-eat and in turn for a modernization in the food-retailing sector. This is a good opportunity for our company to venture in the Philippines by exporting our local goods to meet their demands. According to a company that organizes trade expositions (2012), this year itself the foods and beverages industry is expected to grow around 5% to 10%, stimulated by the demand of healthier foods and beverages. As said by Mildred Caballero (2012), president of Tradecon, Right now, there is more focus on health food and health-related products. Now, when people buy food, they look for health benefits. That is the strength of the industry right now, in an interview at the fifth annual Philippines International Food and Beverage Expo. Other factors that influence and shape the countrys demand for food and beverage products are the Filipinos food-oriented culture that stresses on frequent snacking, the youth oriented food market (35% of the population is below 15 years old), the increasing workforce participation by women and dual income households, which results in greater demand for convenience food that is easy to prepare, and also the western influence on the food and beverage market . Entry Mode As consumers in the Philippines are becoming more health conscious, our company could export our local products and increase the range of their organic products. Although countries like United States and New Zealand are the top exporters of packaged foods to the Philippines, there is still opportunity for our company to provide them with healthier packaged food products such as seafood-based, vegetarian, all natural and organic products. It is also expected that more Filipinos are moving to urban areas due to better job opportunities and demand for easy meal preparation packaged food products will definitely increase. Apart from their traditional Filipino dishes being the majority meal solution, there are still opportunities for our local cuisine as the market slowly evolves to globalization. Despite that, we will have to consider factors like affordability due to limited disposable income of most households. Hotels and Accommodation The other business that is suitable in the Philippines is the hotel and resort business. As we know that, the hotel industry is related to the tourism industry in one country. Anticipating the tourism industry in the country can bring the answer whether to enter the market of hotel industry in that country is a valid decision. The tourism industry of Philippines had kept on building up as visitor arrivals from January to September 2012 had reached an amount of 3,149,985 for a 9.08% topping over last years arrivals of 2,887,715 for the same time of the year. Most markets throughout the mentioned period had showed increasing growth rates. Korea continued as the Philippiness top tourist market with 752,918 arrivals, for 23.90% of the total visitor volume, and displaying an expansion of 9.61%. Korea is followed by the U.S.A., which made up 485,484 or 15.41% of the total visitor arrivals. This market increase 4.01% from the 466,767 visitors registered for the same time last year. In the meantime, Japan supplied 311,008 arrivals for 9.87% share to total visitor volume, increasing the percentage up by 8.52% from 2011. China positioned at the fourth place with 6.25% share of the total visitor volume or total visitor arrivals of 196,926. This market registered total visitor arrivals of 171, 981 versus its double-digit expansion of 14.50% a year ago. Taiwan is positioned at fifth with 171,420 arrivals for a 5.44% share of the total visitor volume. This market expanded by 25.39% from 136,713 arrivals registered last year, therefore, setting the uppermost growth rate amongst the top five markets. After examining the tourism aspect of the Philippines, we also took the business environment of Philippines into consideration. With the lifting of restrictions on the foreign investment law, 100% foreign equity may be approved in all sectors of investment apart from those held in reserve for Filipinos by consent of the Philippine Constitution and existing laws. A foreign corporation has to initially acquire the essential licenses or registrations from the proper government organization. For corporations or partnerships, the required incorporation documents from the Securities and Exchange Commission must be attained. The government of Philippines appreciates the critical role of private sector investments and, thus, pledges to constantly improve the business environment. Foreign investments are inspired to fulfill capital gaps, assist in provide employment, enhance production, and supply a base for the overall growth of the economy.  Investment laws and regulations have therefore been loosened to ease the entry of foreign investments. Entry Mode There are a few form of entry that can be considered in entering the hotel industry in Philippines. The form of entry that is deemed suitable is through merger and acquisition. Mergers and acquisitions  (M A) is a common term used to signify the combining of companies. A merger is the merging of two companies to create a new company, whereas an acquisition is the acquirement of a company by another where no new company is established. (Investopedia, 2012) We have chosen this form of entry with valid reasons. Due to the established market in Philippines, it is appropriate to use this form of entry to enter the market. Using MA also provides a certain advantage that is to minimize the time needed to start the business which includes building a hotel or resort from scratches. The effort of gathering human resources to manage the business is also nullified to the minimum since the basic labor force has already existed and the company only needs to delegate the management sector of the business. Since the hotel industry is a high capital and high risk business, we avoid using the Greenfield form of entry for the risk it imposes. Currency and the International Monetary Policy The currency in Philippines is Peso or officially piso. The currency code or an international abbreviation for Peso is PHP and the symbol of it would be P (a line or a double line in the middle of the capital P). The currency rankings show that the most popular Philippines Peso exchange rate is the PHP to USD rate. Peso is divided into 100 centavos (officially centimo). Currently in November 2012, the U.S. dollar is worth about 41 pesos and the Euro about 52 pesos. Current are coins of 1, 5, 10, and 25 centavos and 1 and 5 pesos, and bank notes of 5, 10, 20, 50, 100, 200, 500 and 1000 pesos. Five and ten peso note is no longer printed, but still legal tender. In 1997, all old Philippine currency was replaced by new banknotes and coins. Notes from before 1997 cannot be used anymore. In December 2010, a new series of banknotes was announced. The old notes will remain valid for at least three more years. New coins have been announced for 2012. The Security Plant Complex of the Bangko Se ntral ng Pilipinas is where the coins and banknotes are made. In 2009, the Bangko Sentral ng Pilipinas announced that has launched a massive redesign for current banknotes and coins to further enhance security features and improve durability. Sources from Bangko Sentral ng Pilipinas, the members of the numismatic committee include Bangko Sentral Deputy Governor Diwa Guinigundo and Dr. Ambeth Ocampo Chairman of the National Historical Institute. The new banknote designs feature famous Filipinos and iconic natural wonders. Philippine national symbols will be depicted on coins. The BSP started releasing the initial batch of new banknotes in December 2010 while new coins will be introduced beginning 2012. Current banknotes will remain legal tender for at least three years exactly in December 2013. Table below is the current exchange rates taken last updated on Tuesday, 6 November 16:00 Currency Code Rate Rate pesos / foreign currency foreign currency / peso US dollar USD 41.251 0.024242 Euro EUR 52.801 0.018939 Japanese yen JPY 0.51463 1.9431 Australian dollar AUD 43.057 0.023225 Brasilian real BRL 20.282 0.049304 Bulgarian lev BGN 26.997 0.037041 Canadian dollar CAD 41.504 0.024094 Chinese yuan renminbi CNY 6.5865 0.15183 Croatian kuna HRK 7.0098 0.14266 Czech koruna CZK 2.0866 0.47925 Danish krone DKK 7.0777 0.14129 Hong Kong dollar HKD 5.3225 0.18788 Hungarian forint HUF 0.18737 5.3370 Indian rupee INR 0.75780 1.3196 Indonesian rupiah IDR 0.0042883 233.20 Israeli New Shekel ILS 10.588 0.094443 Latvian lats LVL 75.831 0.013187 Lithuanian litas LTL 15.292 0.065393 Malaysian ringgit MYR 13.463 0.074277 Mexican peso MXN 3.1699 0.31546 New Romanian leu RON 11.684 0.085586 New Turkish lira TRY 23.218 0.043069 New Zealand dollar NZD 34.173 0.029263 Norwegian krone NOK 7.2113 0.13867 Polish zloty PLN 12.813 0.078048 Pound sterling GBP 65.923 0.015169 Russian rouble RUB 1.3100 0.76335 Singapore dollar SGD 33.715 0.029660 South African rand ZAR 4.7359 0.21115 South Korean won KRW 0.037819 26.442 Swedish krona SEK 6.1596 0.16235 Swiss franc CHF 43.728 0.022869 Thai baht THB 1.3410 0.74569 The Philippines has used the floating exchange rate system for many years. As a result, it was not one of the Asian Tigers that thrived under fixed exchange rates. When the tiger economies moved to the floating exchange rate system, their economies collapsed in what is was called the Asian Financial Crisis in 1997. In recent years, the Philippines have moved away from a strict application of the floating exchange rate system (Central Banks description of policy). Philippine banks are allowed to purchase foreign currency for their own accounts, following the Central Banks guidelines. These guidelines require depository banks to maintain 100% cover for their foreign currency liabilities (except for US dollar denominated repurchase agreements with the Central Bank- Section 73). In addition, the Central Bank admits that it intervenes in the market to stabilize the currency and ensure the competitiveness of Philippine products. From the official foreign reserves, the Philippines now build up official foreign reserves and since 2003 has had current account surpluses. Its foreign investments have increased from the equivalent of 2.6 months imports in 1995 to the equivalent of more than 9 months imports in 2009. It appears to be stabilizing the exchange rate and raising its foreign reserves. This movement away from the strict application of Friedmans floating exchange rate system is injecting new money into the Philippine economy, thereby stimulating economic growth, which reached 8% in real terms in 2007. At the same time, it is improving the external balance of payments position of its economy. In addition, it is contributing to the economic growth of the Philippines. The graph below shows the growth imports and exports in the Philippines. The global financial crisis has reduced exports in 2008 and 2009 and reduced imports in 2009. http://www.buoyanteconomies.com/Philip1.gif Exports and Imports in current dollar terms (source Central Bank of the Philippines) Even so, further reform to monetary policy of the Philippines could see that economy grow more rapidly to utilize the existing high level of unemployed resources while maintaining balance of payments stability.

Causes of Indian Mutiny Essay

The Indian Mutiny, which occurred in 1857, was the consequence of a number of problems that had arisen as a result of the British occupation of India. It began as a mutiny of the sepoys, a class of soldiers. However, it soon escalated into other mutinies and civilian rebellions in the northern and central parts of India. The British occupation caused political, economic and cultural problems in India. This led to disharmony between the two sides. Political forces were a main cause of the Indian Mutiny, that were through overpowering from the British rule. Nationalism had brought a great sense of pride to the conquering nation, where it was seen as both fashionable and right to conquer a nation. This had led to the arrival of the British East India Company where it had strongly implanted itself in the Sub-continent after the victory over Nawab of Bengal in the Battle of Plassey fought in 1757. This continued with the English defeating many other forces and brightened the prospects of the company in the country. Many problems had arisen with the rule of the British, where they had enforced extremely heavy taxes upon the India people as well as new land revenue systems had ruined many peasant farmers, which had caused both political and cultural discontent within the Indian people. The doctrine of lapse and the annexation of Oudh by Dalhousie struck at the traditional ways of life and caused hatred throughout the Indian Sub-continent. This had meant that the rulers of each Indian State had lost their land as they had no male heirs. Problems relating to religion had also occurred when the new Enfield rifle was introduced to replace the old musket where the cartridge was heavily greased with animal fat containing both Cows and pigs, which were seen as both sacred and unclean from the Hindus and Muslims respectively. Religious and cultural forces such as the spreading of Christianity and the suppression of traditional practices contributed greatly to the First War of Indian Independence. The changes that the British had made to Indian ways created considerable discontent and disturbances across India. Due to the introduction of steamships, the closeness of the British and Indians disappeared as many families joined their officer husbands, meaning that the officers spent less time with their Sepoys or Indian mistresses. The education system brought about a group of higher-caste men, however jobs were not available to them. There was also fear among the Hindus that their religion would be lost by Christianity. Both the army and the civil population were under the fear that the government intended to make everybody a Christian. Missionary activity was extended by Englishmen all over the country. Furthermore, there were some major reforms such as the abolition of child marriage and the suppression of Sati. These were all major contributing factors to Indian Mutiny which saw the Indians being defeated by the British. There were also many economic reasons behind the Indian Mutiny. During their time in India, the East India Company were successful in building power. Over one and a half centuries, numerous bribes allowed the East India Company to operate in overseas markets. However, this did not benefit local business. For example, the cheap imports of South Asian products, including silk and cotton decreased the profits of domestic businesses. The introduction of the British ‘Doctrine of Lapse’, helped the British to expand their imperial domain. As a result of this doctrine, Indian princes were forbidden from inheriting land from people who they were not natural heirs of. This gave the British vast amounts of land. By 1857, the independence of the remaining states had been reduced, and the East India Company was exporting untold amounts of luxuries back to England each year. These included, gold, silver, silk and cotton. The economic advantages for the British left many Indians out of business or with decreased profits. This caused animosity between the two parties, which led to the Indian Mutiny. In conclusion, the Indian Mutiny had occurred due to various reasons broadly in the category of political, economic and cultural. The British presence in India caused the changes. These had changed the future of India and the many citizens within the nation.

The American Constitution Essay - 2253 Words

Jenny Bello Brenden Higashi Political Science 300: The American Constitution 12/01/2016 Marijuana Throughout the history of the republic, there has been controversy between state and federal power. The state and federal power has been an ongoing dilemma regarding the separation of powers since the beginning of the constitution. An issue was brought to the Supreme Court of the United States (SCOTOS) that could change the future of upcoming court cases. There has been question whether the Constitution grants certain laws as void or not. Others question whether the Constitution should evolve, concurrent as the United States has evolved since the establishment of the constitution. Colorado passed the legalization of marijuana in 2012 (The Controlled Substance Act (CSA): Overview). Nebraska and Oklahoma challenged Colorado’s legalization of recreational marijuana for over stepping their state power (Nebraska and Oklahoma v. Colorado). Because of the impact that this case could have on upcoming cases, the Supreme Court refused to hear the case under Art. III sec. two of the Cons titutions, which elaborates on their original jurisdiction (Nebraska and Oklahoma v. Colorado). Upon the refusal of SCOTOS to hear Nebraska’s and Oklahoma’s challenge on Colorado’s legalization of marijuana, the federal court will support the states challenge due to Colorado’s violation of the controlled substance act, Colorado over-stepping its 10th amendment rights, and Colorado’s attempt to regulate aShow MoreRelatedThe Constitution And The American Constitution1141 Words   |  5 Pagestheir mistakes and promptly followed up by making quite possibly the most successful constitution ever in 1776. 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Degree - Definition and Examples

The word degree is from the Latin de-  (down)   gradus  (a step). In English grammar, degree is one of three forms used in the qualitative comparison of adjectives and adverbs: The positive, or base form modifies a subject but isnt being compared to anything else in terms of quality.Example sentence: I have a smart dog. Here, the adjective smart simply describes the dog as being intelligent.The comparative compares one degree to another in terms of quality.Example sentence: My dog is smarter than many of his breed. In this sentence, the subject modified by the adjective smarter is superior to the subject modified by the base form (the smart dog).The superlative compares the degree against others and declares itself superior.Example sentence: My dog, Homer, is the smartest dog that ever lived! This dog is smarter than both the smart and smarter dog—or any other dog, for that matter—at least according to his owner. Creating Degree For almost all one-syllable adjectives, as well as some two-syllable adjectives, -er is added  to the base to form the comparative, and -est to form the superlative, however, this is not always the case. Common adjectives with irregular comparative and superlative forms include the following: good, better, bestbad, worse, worstmany, more mostlittle, less, least Most adjectives consisting of two or more syllables do not accept inflectional morphemes to indicate degree, relying instead on words rather than morphological suffixes to indicate the comparative (e.g. more visionary) and superlative (most reluctant). While in some languages, the declension of both adjectives and nouns can be determined via inflection to indicate gender, number, and case, there are only two possible inflections for adjectives in English: the comparative and the superlative. Examples and Observations Every day was a happy day, and every night was peaceful.(From Charlottes Web by E.B. White) This was a brighter,  happier day. We were all together and we were going to stay that way.(From  A Dog Called Perth by Peter Martin) This is the  happiest day  of my life, because today I have fallen in love.(From The Boleyn Inheritance by Philippa Gregory)   The kids marvel at the rolling brown field, where a handful of sheep graze undisturbed by automobiles or shopping centers—a reminder of what seems a simpler,  more peaceful place  and time.(From Marin: The Place, the People by Jane Futcher) Im alone in the  most peaceful place  in the world. Well, maybe not the  most peaceful place, as a monastery in the Alps where the monks have all taken a vow of silence and just make cheese all day might be a smidge quieter, but still its very peaceful.(From The Book of Jane by Anne Dayton  and May Vanderbilt) Poverty makes you  sad  as well as  wise.(From The Threepenny Opera by Bertolt Brecht) My father went back to the tailoring business, a  sadder and wiser  man. No, not wiser—just sadder, for his thirteen dollars was gone forever.(From Groucho and Me by Groucho Marx)   For of all  sad  words of tongue and pen,The  saddest  are these: It might have been!(From Maud Muller by John Greenleaf Whittier) Imagination is  more important  than knowledge.(From a 1929 interview with Albert Einstein in The Saturday Evening Post) It has long been an axiom of mine that the little things are infinitely the most important.†(From A Case of Identity by Sir Arthur Conan Doyle) Sources Klammer, Thomas P. et al., Analyzing English Grammar, Fifth Edition. Pearson, 2007

The Effects of Black Death - 1100 Words

The Effects of Black Death Black death was a bubonic plague, which took the lives of millions of people in the mid 1300s. This plague was caused by a bacterium called Yersinia pestis, which lived in fleas. Therefore, transmitting the bacteria to its rodent hosts every time they would feed. The bacteria then killed the rodents leaving the fleas without hosts to feed on and in result they would feed on the humans. (Bailey 7-12) Most people who were infected would last two to three days before they died, no longer than two to three weeks. The plague moved rapidly, medical researchers believe it could have moved as fast as eight to twelve miles a day. The plague was first encountered in China and it spread through Asia and into Europe in a†¦show more content†¦His justification was that his wife was old and she would cause no suspicion. (212) The standards and requirements of the Church had lowered tremendously. Placing men in high places whose intentions were immoral. The priests knew the demand there wa s for them therefore, they raised their fees to make more money. The fees had gone so high that the people began to complain to the archbishop of Canterbury Simon Islip, an he in response issued the constitution Effrenata on May 28th, 1350, which it aimed to keep the priests from charging excessive amounts of money for their services during the plague. The constitution was called Effrenata because that was the first word of the document, which it meant, â€Å"unbridled† as in â€Å"unbridled greed of the human race†. Islip’s intention to help the people through the constitution of Effrenata did not have much success due to greedy priests taking advantage of those in need. (Byrne 68) Another aspect of life that was highly affected was society. During the plague and after the plague society’s values and faith began to change. When the Black Death began taking the lives of the clergy just as well as everyone else, society began to wonder if the clergy were as powerful and as united to God as they had once believed, because no matter their prayer the plague was still raging. The people lost faith in the clergy and by the end of the plague the Church had lost its authority, not only for the reasonShow MoreRelatedThe Black Death And Its Effects979 Words   |  4 Pagesby trade ships. This disease was called the Black Death. â€Å"The Black Death earned its well-known nickname through its very visual symptoms. Once infected, a patient would notice the following symptoms: Painful swellings (known as buboes) in the lymph nodes (found in the neck, armpits, groin and legs).The bubo would become inflamed and would at first be a deep red in color, but as time passed the bubo would change from red to purple and finally to black. Patients would also suffer with a particularlyRead MoreThe Effect Of The Black Death Essay1115 Words   |  5 PagesThe Affect of the Black Death England in the year 1250-1350 BC was prosperous in the field of agriculture production. This prosperity was brought by good weather and favorable climate. This in turn brought the increase growth and harvesting of cash crops, such as wools. The population in England during this period also increased, which means that workers and peasant also increase. Due to the increase of workers the labor forces become excessive. In order to resolve those excess workers, they wouldRead MoreThe Black Death and Its Effects549 Words   |  2 Pagesprayer, accupuncture, diet, etc. have all stayed around, but have changed slightly. The plaque also known as the Black death swept over Europe and Asia in the 14 century to the 15th. This disease is spread by rats and killed many people. Over one third of the population died of Europe. This painful and terrible disease managed to tear families apart as well as communities. Black death was caused by rats and rat fleas. A rat flea lives off of blood from small mammals and sometimes but humans. If aRead MoreEffects Of The Black Death On The Economy930 Words   |  4 PagesThe Black Death or more commonly known as Bubonic Plague, decimated European society in the mid 14 century to the extent that it has not been seen since in human history. It not only killed fifty to sixty percent of the population, but it also brought huge changes to the people of Europe. The impact of the plague caused effects on the economy, society, family structure, public policy, health science, religion, philosophy and literature. Its’ effects would last until the eighteenth century and beyondRead MoreCauses And Effects Of The Black Death775 Words   |  4 PagesThe Black Death was the most dangerous and contagious widespread disease in history. The Black Death lasted from 1347 to 1351 spreading across Europe killing millions. This is classified as the longest disease that still hasnt had a proper cure for. The disease originated in China and spread across trade routes by interaction and communication. Rodents and Fleas caused the disease by a simple bite to a human even animals causing them to have numerous symptoms which led to death. The Black Death hadRead MoreThe Black Death And Its Effects On Society843 Words   |  4 PagesThe most devastating and tragic mortal disease, the Black Death, spread across Europe in the years of 1346-53. The Black Death became one of the deadliest infectious diseases in history. This fatal and rapidly spreading disease horrified people of its time. The disastrous natural catastrophe was only compounded with other setbacks in fourteenth century Europe. Those set backs include, warfare, religious turmoil and peasant unrest. Also known as the bubonic plague, it struck Europe in 1347 and killedRead MoreCauses And Effects Of The Black Death1010 Words   |  5 Pages The Black Death was a catastrophic plague that struck Europe in the mid 14th century. This plague killed between 30 and 50% of the population in the places it struck leading many to believe this had been a punishment from God. The drop in population caused by the black death left excess wealth which would lead to changes in the social hierarchy and European society in general. The black death caused a severe drop in population and devastated the land leaving excess wealth for thoseRead MoreBlack Death Cause and Effect3189 Words   |  13 PagesNAME COURSE PROFESSOR DATE The Causes and Effects of The Black Death The Bubonic Plague or the Black Death has been in the history books since the medieval times. This deadly disease has claimed nearly 1.5 million lives in Europe (Gottfried). The Black Death hit Europe in October of 1347 and quickly spread through most of Europe by the end of 1349 and continued on to Scandinavia and Russia in the 1350s. Not only did the plague effect the European population by killing one-third to two-thirdsRead MoreThe Black Death And Its Effect On Society2754 Words   |  12 PagesDeath. It is a part of nature. Everything that has ever lived will at one point in time die. Yet how a person dies can be felt as a punishment and in the late 1300’s and early 1400’s the Black Death was a common disease that began to feel like that punishment. During this time, the dead littered the streets. Cattle and livestock roamed the country unattended. Brother deserted brother. Mother deserted child. The streets and cities were in total disarray. The Black Plague wa s not very easy to liveRead MoreCause And Effects Of The Black Death1165 Words   |  5 PagesThe Black Death was one of the most devastating worldwide diseases in human history. The plague originated in central Asia and was brought to China by traders and Mongols from 1334-1347. Mongol protection of the trade may have caused the disease to spread along the â€Å"Silk Road† to Crimea. During a Mongol siege against Caffa in 1347, the Mongolian army began to die. The Mongols catapulted the dead bodies into the city where the fleas on the corpses were released into Caffa. In the year 1347, October

Dress for Succes Free Essays

When I think of the phrase â€Å"Dress for Success! † I think of a person getting ready or preparing for a big job interview. Like when person goes to a job interview wearing a muscle shirt and shorts for a job that requires you to cook food. Or when a person wears super fancy clothes to an interview that requires you to clean bathrooms. We will write a custom essay sample on Dress for Succes or any similar topic only for you Order Now â€Å"Dressing for success† is like a guide telling you what you might need to wear to make a good impression. Dress for success means to dress for the occasion. You want to dress for the occasion because you don’t want be out-of-order. An example of this is going to church in pajamas. That is an example of dressing out-of-order. Schools are even making their dress codes better. They don’t want the kids to dress themselves in tank tops and super short shorts. Some girls do that just to fit in. Those girls are dumb. Dressing for success doesn’t only apply to job interviews, but for many other things. If you’re running for long distances, you don’t want your everyday clothes to slow you down. How coul you fix this simple problem? You could get the appropriate clothes for running and it would help you by taking off unneeded weight and make you not get tired as quickly. When you are applying for a job interview, you should look nice. If you want to get a job at a bank, you should wear nice pants and a nice shirt, or a dress. If you are applying for a job at Hot Topic you could probably wear a T shirt from your favorite band and skinny jeans. Avoid too many body piercings though. When you go to a job interview or someones funeral you have to dress with respect. And nice. You don’t want your butt or boobs hanging out. You want people to think your decent and well-behaved. Another example is when you wear a tank top and some booty shorts to school. That’s not a good thing to wear. You got to wear non-distracting clothes. When you come to school you don’t really have to dress for success but you don’t want to come looking a hot mess. Come looking decent. I think dressing for success is important because people will make assumptions about you. If you’re in Wal-Mart and you’re wearing old pajamas with holes in them in all the wrong places, people will think you’re weird. If you’re at a school dance, casual, and you wear a wedding dress, people will think you’re lame and weird. If you go to prom wearing a dressing robe, people will NOT dance with you. When I think of dress for success I think of†¦ Say you wanna go to Adventure. Your friends are dressed in booty shorts and tank tops but there are hundreds of people they’re looking at you, is that really how you wanna dress? People don’t want to see girls in booty shorts walking around at the age of 11 or 12. I think people should dress a certain way. One reason is if you own a fortune 500 company and you wear flip-flops and a tank top. The workers won’t take you seriously. How to cite Dress for Succes, Papers

Management Information Systems Decision Making

Question: Discuss about the Management Information Systems for Decision Making. Answer: Introduction With the expanding utilization of data innovation and accessibility of outstanding information, business associations have a more notable requirement for examining information and utilizing this exploration to manage their choices. A data framework in light of decision model is known as a Decision Making System (DSS). A DSS utilizes the information living in spreadsheets as well as databases, models it, forms or breaks down it utilizing issue particular techniques, and helps the client in the basic leadership prepare through a graphical UI. In this report, the researcher explores the handiness and capacities of spreadsheet programming for building up a DSS. Spreadsheets are an incredible alternative for creating numerous DSS applications since they are accessible with any operational framework and have many elements that are moderately simple to learn and can be executed for a vast assortment of issues. In specific, this represents the findings using information provided by the Mable Hotel and provide recommendation with justification regarding their expansion decision. Brief Scenario According to the given information, the Mable Hotel is a family possessed and worked business. The family likewise possesses an adjoining 5,900 square meter bundle of land. They need to assemble another wing of units and a parking area on the land. The reason is that in recent time, the area become highly prevalent with holidaymakers. Hence extending the existing hotel operation through establishing new units will enhance the profitability position. At the same time, the owners are also raised their concern that the restaurant exists along side the hotel mostly remain un occupied because of the availability of large capacity (Haz?r, 2015). According to them, establishing new hotel unit will improve the occupancy rate and thus the restaurant capacity will also be utilized. Under such circumstances, the Mable Hotel has following two options: (1) Add a new wing, or (2) Add a slightly smaller new wing and a swimming pool. The researcher here established a spreadsheet based decision support system, which will lend supportive hand towards the Mable Hotel owner to opt for the most feasible one. The Basic Process / Tools Benefits associated with creating a Decision Support System Solver is a piece of a suite of capacities infrequently called imagine a scenario where investigation apparatuses utilized for enhancing issues that contain more than one variable (Sauter, 2014). The Solver include utility is expected to dissect the situations in basic leadership circumstances that include thought of qualities and imperatives for a few factors at the same time. This effective capacity utilizes numerous changing factors and requirements to locate the ideal answer for take care of an issue (Serrano-Cinca, and Gutirrez-Nieto, 2013). Here, the basic aim of this study was to identify which one of the given two options is better and what will be the net income over the next 10 years period. Thus, it can be said that maximization of overall net income satisfying all the constraints given by the management of Mable Hotel was the primary concern. The researcher has used Microsoft Excel Solver tool helped in this matt er. Prior to use the solver model, the researcher had to identify input, constraint and objective variables. In both cases, the researcher had to identify the number of single units, number of double units and number of family units needs to be built in the new wing so that the hotel can get maximum revenue (Aydin et al. 2015). Hence, the number of single units, number of double units and number of family units are decision or objective variables. At the same time, the constraints such as maximum and minimum land usage restriction, minimum number of each units, maximum number of total units etc. were defined to build the base case process model. Here, the excel model has been classified under four sections. The first section provides constants provided by the management. The model has been prepared in such a way that if the management wants any changes in the given proposals; only they have to modify the constants table with proper information (Daas et al. 2013). The second section is the changes section, where, number each units has been identified through solver model. Third section of this study was calculation of all costs as well as revenues. This section is totally excel formula based. Hence, the respected cells will automatically modified if the management makes any changes in the constants later on. The final section of this model is 10 year income statement. In case of extended model, the same has been followed with few modification in the constant section considering the swimming pool construction. Benefits Associated with Creating a Decision Support System Model driven or information driven DSS are the most well-known sorts of DSS one would consider creating utilizing a spreadsheet package. Spreadsheets appear to be particularly proper for building a DSS with lesser accessibility. A developer would then include catches, spinners and different instruments to provide supportive hand towards the decision maker in terms of "what if" and scenario analysis. An information driven DSS can likewise be actualized utilizing a spreadsheet. An expansive informational collection can be downloaded to the DSS application from a DBMS, a site or a delimited level record. At that point rotate tables and outlines can be produced to help a chief condense and control the information. Spreadsheet-based DSS can be made in a solitary client or a multiuser improvement condition. Microsoft Excel is unquestionably the most famous spreadsheet application, which can be used as a DSS. Decision Support Systems help in different basic management circumstances by using models. It enables the researcher to examine data in a wide range of ways. The models has been included in a Decision Support System rely on upon the choice you are making and, therefore, the sort of examination you require. For instance, one would exploit an imaginary scenario in which it needs to perceive what impact the change in at least one factors will have on different factors, or enhancement to locate the most productive arrangement given working confinements and constrained assets. Spreadsheet programming, for example, exceed expectations can be utilized as a Decision Support System for considering the possibility that examination. It is therefore brings about higher fulfillment among chiefs, decrease s dissatisfactions among them, and shape observations that predominant data is being utilized. They pick up a certainty and fulfillment that they are great leaders. Creation of decision support system has numerous benefits towards the business organization. This DSS not only smoothen the operation process, but also at the same time, it strengthens the decision it makes on daily basis (Sauter, 2014). Below are some benefits that DSS have in the contemporary marketplace: Enhances execution and adequacy of the client; Takes into consideration facts that help in effective decision making; Diminishes the time taken to tackle issues ; Consolidate information in a best possible way to spare budget! Has been believed to enhance cooperation and correspondence inside gatherings Diminishes preparing times on the grounds that the experience of specialists is accessible inside the projects calculations Gives more confirmation in support of a choice May improves decision makers confidence Giving alternate points of view to a circumstance Robotizes different business frameworks Justifications After running the excel solver model for both cases, the answer report were generated. The results have been summarized in the below mentioned table: Decision Table Single unit Double unit Family Unit Net Income Add a new wing 10 7 13 $3843059.70 Add a slightly smaller new wing and a swimming pool 10 5 15 $4521327.50 The above mentioned table has shown the number of each units needs to be constructed and total net income considering all aspects were satisfied. If the monetary benefit only is taken into consideration, the straightway option 2, that is, add a slightly smaller new wing and a swimming pool needs to be constructed. However, while executing feasibility analysis, the decision should not be taken based on financial performance. Factors like economic benefits, customer satisfaction, environmental are also equally essential (Sauter, 2014). Now, in this specific case, it has seen that the holiday makers are keen to visit this place. Hence, economically both the model is viable as there is a chance of increasing productivity. However, establishing swimming pool though reduced the number of units needs to be constructed; it will attract the customer in a better way. In other words, the customer will be attracted through constructing swimming pool. Hence, the option 2 fulfils both the economic as well as customer satisfaction aspect. In addition, there was no such environmental hazards and thus, in terms of environmental aspect, both the options are feasible. Finally, considering all other factors along with financial information, it can be concluded that option 2, that is, add a slightly smaller new wi ng and a swimming pool needs to be constructed. References Aydin, N.Y., Zeckzer, D., Hagen, H. and Schmitt, T., 2015. A decision support system for the technical sustainability assessment of water distribution systems.Environmental Modelling Software,67, pp.31-42. Daas, D., Hurkmans, T., Overbeek, S. and Bouwman, H., 2013. Developing a decision support system for business model design.Electronic Markets,23(3), pp.251-265. Haz?r, ., 2015. A review of analytical models, approaches and decision support tools in project monitoring and control.International Journal of Project Management,33(4), pp.808-815. Salam, M.A. and Khan, S.A., 2016. Simulation based decision support system for optimization: a case of thai logistics service provider.Industrial Management Data Systems,116(2), pp.236-254. Sauter, V.L., 2014.Decision support systems for business intelligence. John Wiley Sons. Serrano-Cinca, C. and Gutirrez-Nieto, B., 2013. A decision support system for financial and social investment.Applied Economics,45(28), pp.4060-4070.