Kingfisher Beer Company Case Analysis Essay

Kingfisher Beer Company (KBC) has enjoyed being in top send in premium beer segment for the past fifty years and is now facing a potentially identitychanging repugn the traditional premium beer trade has been declining due to changes in consumer preferences at a compound annual cast of 4% and KBC for the first time is experiencing a decline in revenue, whilst a change in leadership infuses new energy to bring a change in their reaping line.Jake Hope, son of the retired president and owner of KBC faces the challenge of whether to introduce a light beer in a growing beer segment, as maintaining status-quo would no more be an option to sustain their existing position in market placeplace in the next few years (see queer 2). I recommend that Jake would go for the light beer product venture. The recommendation is found on a complex assessment of the guilds financial viability and of more qualitative reflections.Even if for the year 2007 (the case is restrictive for still a 2- year horizon quantitative analysis) projected Operating Margin does non reach levels KBC had enjoyed in prior years, it is positive and growing substantially. Growth from $599,734 to $2,205,235 ($1,605,601 in absolute growth) from 2006 to 2007 with adit of Light Beer versus of decline from $4,015,024 to $3,414,586 ($600,438 in absolute decline).If KBC result manage to reduce its lost sales of famous lager beer (due to market conditions in the premium beer market) from 20% to slightly lower levels then the company could bunk-even in 2 years (Exhibit 1). From the cases limited selective information it is still certain that introducing Light Beer and managing relatively moderate levels of cannibalization (20% or under Exhibit 3) of the Lager sales opens opportunities to increase the firms financials. Moreover, it is natural to capitalize on growing light beer market (4% annually) which also provide help fuel possible future expansion or to declare sustainability.According to market research, targeted segment where light beer drinking segment holds anti-big-business values, is already aware of the KBC brand so the firm can leverage on being independent family owned small regional company. In addition, the introduction of a new product willing eliminate the take a chance of being on a single product brand and reduce risk of being in an unfavorable position with regards to distributors who favor more product offerings. On the other hand the introduction of the light beer will have-to doe with the brand image, alienate core customers, and squeeze margins.In addition, it is most seeming the Company will not be able to sustain advert and distribution cost against bigger competitors (high entry barrier, competitors strong presence in light beer market). This will lead also to additional unwanted cannibalization of Lager sales and more uneven relationships with distributors and retailers. My recommendation rests on several assumptions (exhibit). The trace assumption is that the KBC will attain the 0. 25 market share to break even in 2007. Another assumption is that the light beer market will sustain its growth and consumer preferences will hold in the nearest future.

Politics and Accounting Standards Essay

Politics and bill StandardsIntroduction The crop of an enterprise is very authorised for twain internal and external s submitholders. It ass be expressed by guideing the genuine and fair conniption of a company using the monetary reports that figures the actual capital tryst of the enterprise. Therefore, monetary deeming is very important and it enhances the success of the affair. In this context, both the definition and the body that is involved in performting the type argon important in helping to understand clearly the meaning of financial be. Financial accounting is the process of preparing and establishing a report on the financial information of an enterprise (.Ball(a), Ray, 2006). It excessively shows the true and fair view of the financial statements which argon cash flow statement, isotropy mainsheet and profit and expiration statement. These statements are very essential for the enterprise s recurrenceholders. Financial accounting takes into reflect ion the management of the telephone line for example, its assets, liabilities and capital(Ball, Ray, 2006). Furthermore, it states its real capital and debts to enable the enterprise stakeholder measure out the performance of the business. The true and fair view of financial accounting discharge be achieved by following the rules and policies that govern the people setting the rules. The rules or rather the standards apply internationally to help ensure that the accounting standards utilise crosswise the world are uniform (Armstrong, et al 2010). These are the master key regulatory bodies that are responsible for setting the standards for example the International account statement Standards (IAS), and International Financial Reporting Standards (IFRS) among others. The card that is responsible for setting the standard is the Financial Accounting Standard Board (FASB) among other interested parties(Ball, Ray, 2006). FASB muses a process that is followed so that it stop be a ble to help in setting new accounting standards. First, the board has a duty to set up a mission that prepares an outline of the assess at hand. Secondly, the de setation board prepares the objectives for the board comments. After this, the board gives its view on the task outline and then passes it to the committee which in return prepares a sermon paper which entails the committees statement of the act proposal standards. Eventually, the committee also obtains views from interested parties and after their view is in the favor of the principle, they go ahead in drafting an exposure and the draft is then promulgated as the IFRS(Ball, Ray, 2006). In order, for these standard to be effective and efficient, they are categorized into varies group on that pointfore making it easy for the accounting. The IAS is classified into many classes for example,under the IAS 10, events that die after the balance sheet date,should not be part of the balance sheet. Every company is required to prepare a balance sheet at the end of the year. Therefore, any entity trying to avoid or redeem a mis cash in ones chipsing financial statement is liable and the board provides the confine of the balance sheet. Under the IAS 19, which talks about retirement benefit costs, and the board takes into consideration the accounting of the benefits accruing from the retirement (Aboody, et a l 2004). The board has a duty to see that no corruption is being practiced and therefore, companies are required to show the true and fair value in term of the retirement costs. This prevents corruption of the prominent politicians. The IAS 17talks about accounting for leases. It is very important for a company to account for every lease taken since it is a liability. This is made possible because the board provides policies and procedures to be followed in disclosure of the account on lease. Lease is an expense for the company and if not accounted for can lead to false financial statements (Aboody, e t a l, 2004).Furthermore, IAS 33talks about earnings per share,whereby all the companies are required to show their profit in terms of profit get from share. The earning per share is used to the performance of the company which is based on the shares. It is also important for the shareholders. Most company and influential parties do not give this standard and therefore it is criticized.IAS 39 is a financial standard which requires that accounting should have recognitionand measurement of assets as swell as liabilities. It states that all the entities should take into account of all the assets, liabilities and equity of the business and no relevant actual should be left out(Ball, Ray, 2006). The profit, loss and capital should be stated as they appear without any alterations. The IFRS is also divided into classes but in this context, the IFRS 13 is considered. This standard is concerned with the true and fair value of an entity (Armstrong, et al 2010). Itrequires all the entities to state real profit or loss incurred in their financial reports. However, accounting is not sparedfrom criticism and the board experience thrust for diametrical organization that are not in agreement with the standard. Political thrust is one of the areas whichexert pressure on the board. The standards of accounting requires the organizations or the enterprise to show the true and fair view of the performance of the business (.Ball, Ray,2006).Due to this, most business operating under a loss stand a bechance to be wound up and there will be no investors interested in the business. The political pressure that is experienced under the confused accounting standards is in terms of legislations which they politicians enact. Some of the legislations contradict the accounting standards whereby businesses in a definite country are required to follow certain regulations in addition to the IAS and IFRS. This creates pressure on companies to try and evade the masking of the IAS and IF RS in their reporting. The accounting standards are set to helpindicate the real performance of the business and therefore many world trading entities are affected by this since the competitors are in watch (.Ball, Ray,2006). The amendment of the standard brought about the reclassification of the IFRS and IAS so as to favor the entities that make losses in trading. It has been noted that politicians own businesses across the world and closely monitor their businesses the best way they can so that they can make more profits (Armstrong, et al 2010). Therefore, considering that the politicians have the cogency of adjusting the laws on businesses as they deem right, there is likelihood that the policies that they will formulate do not match or support the accounting standards ready(prenominal) (.Ball, Ray,2006). What this means is that there will be a lot of pressure on the accounting standards in terms of trying to ensure that the politician-owned businesses puzzle to the reporting standards. The other way through which politics may put pressure on the various accounting standards listed and discussed above is through the choice of the board members to the FASB (Armstrong, et al 2010). Politicians using their powers on provision of policies may be inclined to have people in the board that will take care of their personal interest by formulating standards which are not confirmative of all businesses equally. This means that whenever there are new standards to be introduced which can be beneficial to the whole business world, the politicians will al slipway make up ones mind the final decisions that the board will make pertaining to the new accounting standards (Aboody, et a l 2004). The other issue which is part of the political pressure and disruption with the standards is that of political incentives, whichthe major reason for the reclassification of the accounting standards. It is to be noted that the issue of countryseconomy is important but in natio nal where the growth does not reflect the true economic situation, the information shown does not indicate the true and fair values of economy (Aboody, et a l 2004). The same case applies to banks which hold government equity and using the reclassified standards will not show the true and fair value. Therefore, when politicians offer incentives to the board members through corrupt ways and with intentions of promoting their interests, the pressure on the standards continue to mount hence prevents the proper application of the standards. Therefore, in conclusion on the effects of politics and politicians on the formulation and application of the financial accounting standards, it can be noted that there is need to prevent political interference on the FASB as well as other regulatory bodies which formulate the standards. The accounting standards are sooner important in ensuring proper and accurate information which can be relied upon is produced and reported by companies and organiza tions.ReferencesAboody, D., M. E. Barth, and R. Kasznik. 2004. Firms voluntary recognition of stockbasedCompensation expense. Journal of Accounting inquiry 42 123-160.Armstrong, Christopher S./Barth, Mary E./Jagolinzer, Alan D./Riedl, Edward J. (2010). Market Reaction to the Adoption of IFRS in Europe.The Accounting Review, Vol. 85, No. 1, pp.3161.Ball, Ray (2006). International Financial Reporting Standards (IFRS) pros and cons for investors. Accounting and problem Research, Vol. 36, Special Issue, pp. 527.Source document

National academy of sciences Essay

I HAVE sp ared you, even as I spared myself, an arithmetical consummation of my inquiry, exclusively the data here cited instruct us that the represent of the medicate contend is many dates more tortureful, in whole its manifestations, than would be the licensing of medicates combined with intensive education of non-users and intensive education kat onceing to warn those who proveation with do dosess.We defend seen a corporeal reduction in the use of baccy over the last thirty twelvemonths, and this is non because tobacco became illegal but because a sentient lodge began, in substantial numbers, to apprehend the high cost of tobacco to human health, even as, we keister assume, a growing number of Ameri fag ends desist from practicing unsafe sex and apply polluted needles in this while of AIDS.If 80 million Ameri nets can experiment with doses and resist addiction using information publicly available, we can fair hope that approximately the same number would re sist the temptation to grease ones palms such drugs even if they were available at a federal p maltreatacy at the mere cost of production. And added to the above is the point of civil justice. Those who get down from the abuse of drugs agree themselves to blame for it. This does not mean that society is decipherable from active concern for their plight.It does mean that their plight is subordinate to the plight of those citizens who do not experiment with drugs but whose life, liberty, and property are substantially alter by the illegalization of the drugs sought after by the minority. I relieve oneself not spoken of the cost to our society of the astonishing legal weapons available now to policemen and prosecutors of the penalty of forfeiture of ones home and property for trespass of laws which, though designed to advance the war against drugs, could legally be apply I am told by learned counsel as penalties for the cut of ones pets.I leave it at this, that it is outrag eous to red-hot in a society whose laws tolerate sending young quite a little to life in prison because they grew, or distributed, a dozen ounces of marijuana. I would hope that the good offices of your vital profession would mobilize at least to protest such excesses of wartime zeal, the legal equivalent of a My Lai massacre. And perhaps propel to recommend the legalization of the sale of sound-nigh drugs, except to minors.2. Ethan A. Nadelmann We turned to Mr.Nadelmann to occupy the inquiry. Formerly in the Political Science Department at Princeton, he is now the director of the Lindesmith Center, a drug-policy research institute in invigorated York City. He is the author of Cops across Borders The Internationalization of U. S. Criminal Law Enforcement. THE essayists assembled here do not agree exactly on which aspect of the war on drugs is most disgraceful, or on which alternative to our current policies is most desirable, but we do agree, as Mr.Buckley expected, on the f ollowing.The war on drugs has failed to make its stated objectives, and it cannot succeed so long as we remain a free society, bound by our Constitution. Our prohibitionist approach to drug experience is responsible for most of the ills commonly associated with Americas drug line. And just about measure of legal availability and regulation is essential if we are to foreshorten significantly the negative consequences of both drug use and our drug-control policies.Proponents of the war on drugs emphasis on one apparent success The substantial declension during the 1980s in the number of Americans who consumed marijuana and cocaine. Yet that decline began well before the Federal Government intensified its war on drugs in 1986, and it succeeded principally in reducing extramarital drug use among bourgeoisie Americans, who were least likely to develop drug-related problems. Far more significant were the outstanding increases in drug- and prohibition-related indisposition, co nclusion, and crime.Crack cocaine as a good deal a fauna of prohibition as 180-proof moonshine during alcohol prohibition became the drug of plectron in most inner cities. AIDS ranch rapidly among injecting drug addicts, their lovers, and their children, while government policies restricted the availability of clean syringes that might have stemmed the epidemic. And prohibition-related violence reached unprecedented levels as a new generation of Al Capones deald for turf, killing not just one an early(a) but innocent bystanders, witnesses, and law-enforcement officials.There are several basic truths about drugs and drug policy which a growing number of Americans have pig out in to acknowledge. 1. about people can use most drugs without doing much harm to themselves or anyone else, as Mr. Buckley reminds us, citing Professor Duke. Only a tiny percentage of the 70 million Americans who have tried marijuana have gone on to have problems with that or any other drug. The same i s true of the tens of millions of Americans who have used cocaine or hallucinogens. Most of those who did have a problem at one time or another dont any more.That a few million Americans have serious problems with illegitimate drugs today is an issue meriting responsible national attention, but it is no background to demonize those drugs and the people who use them. Were unlikely to evolve toward a more powerful and humane drug policy unless we begin to multifariousness the guidances we think about drugs and drug control. Perspective can be had from what is truly the most pervasive drug scandal in the accrue in States the epidemic of undertreatment of pain. Addiction to (i. e., dependence on) opiates among the terminally ill is the appropriate hang of medical treatment. The only reason for the failure to prescribe adequate dots of pain-relieving opiates is the opiaphobia that causes doctors to do by the medical evidence, nurses to turn away from their patients cries of pai n, and some patients themselves to elect to suffer enfeeble and demoralizing pain rather than submit to a proper dose of drugs. The tendency to put anti-drug ideology ahead of compassionate treatment of pain is apparent in another area.Thousands of Americans now smoke marijuana for purely medical reasons among others, to ease the nausea of chemotherapy to reduce the pain of multiple induration to alleviate the symptoms of glaucoma to improve appetite dangerously reduced from AIDS. They use it as an potent medicine, yet they are technically regarded as criminals, and every year many are jailed. Although more than 75 per cent of Americans believe that marijuana should be available legally for medical purposes, the Federal Government refuses to legitimatise coming or even to sponsor research.2. Drugs are here to stay. The time has come to abandon the concept of a drug-free society. We need to rivet on learning to live with drugs in such a way that they do the least possible harm. So far as I can ascertain, the societies that have proved most successful in minimizing drug-related harm arent those that have sought to banish drugs, but those that have calculate out how to control and manage drug use through community discipline, including the establishment of in good order social norms.That is precisely the challenge now confronting American society regarding alcohol How do we live with a very powerful and dangerous drug more powerful and dangerous than many illicit drugs that, we have learned, cannot be effectively prohibited? Virtually all Americans have used some psychoactive substance, whether caffeine or nicotine or marijuana. In many cases, the use of cocaine and heroin represents a form of self-medication against visible and emotional pain among people who do not have access to psychotherapy or Prozac.The market in illicit drugs is as spectacular as it is in the inner cities because palliatives for pain and depression are harder to come by and beca use there are fewer economic opportunities that can compete with the profits of violating prohibition. 3. Prohibition is no way to run a drug policy. We learned that with alcohol during the first third of this century and were in all likelihood wise enough as a society not to pass judgment to repeat the mistake with nicotine. Prohibitions for kids make sense.Its reasonable to prohibit drug-related misbehavior that endangers others, such as driving under the influence of alcohol and other drugs, or smoking in enclosed spaces. But whatever its benefits in deterring some Americans from becoming drug abusers, Americas indiscriminate drug prohibition is responsible for too much crime, disease, and death to qualify as sensible policy. 4. There is a wide range of choice in drug-policy options between the free-market approach favored by Milton Friedman and Thomas Szasz, and the zero-tolerance approach of William Bennett.These options fall under the concept of harm reduction. That concept holds that drug policies need to focus on reducing crime, whether engendered by drugs or by the prohibition of drugs. And it holds that disease and death can be diminished even among people who cant, or wont, stop taking drugs. This pragmatic approach is followed in the Netherlands, Switzerland, Australia, and parts of Germany, Austria, Britain, and a growing number of other countries. American drug warriors like to denigrate the Dutch, but the fact remains that Dutch drug policy has been dramatically more successful than U.S. drug policy.The average age of heroin addicts in the Netherlands has been increasing for almost a decade human immunodeficiency virus rates among addicts are dramatically lower than in the United States police dont waste resources on non-disruptive drug users but, rather, focus on major dealers or petty dealers who create public nuisances. The decriminalized cannabis markets are regulated in a quasi-legal fashion far more effective and in dearly-won than the U. S. equivalent. The Swiss have embarked on a national experiment of prescribing heroin to addicts.The two-year-old plan, begun in Zurich, is designed to determine whether they can reduce drug- and prohibition-related crime, disease, and death by making pharmaceutical heroin legally available to addicts at regulated clinics. The results of the experiment have been sufficiently encouraging that it is cosmos elongate to over a dozen Swiss cities. Similar experiments are being initiated by the Dutch and Australians. There are no good scientific or ethical reasons not to try a heroin-prescription experiment in the United States.Our Federal Government puts politics over science by ignoring extensive scientific evidence that sterile syringes can reduce the spread of AIDS. Connecticut permitted needle sales in drugstores in 1992, and the policy resulted in a 40 per cent decrease in needle sharing among injecting drug users, at no cost to taxpayers. We see similar insaneness when it co mes to methadone. Methadone is to street heroin more or less what nicotine chewing-gum and trim patches are to cigarettes.Hundreds of studies, as well as a National academy of Sciences report last year, have concluded that methadone is more effective than any other treatment in reducing heroin-related crime, disease, and death. In Australia and much of Europe, addicts who want to reduce or quit their heroin use can obtain a prescription for methadone from a GP and fill the prescription at a local pharmacy. In the United States, by contrast, methadone is available only at highly regulated and expensive clinics.

My Professional Goals

My great term professional goal is to be a Pediatrics maintain practitioner. Being a caring person especially to the children is a share of my personality. I have always loved children and it burdens me whenever I see children sick. Sympathizing get out not do any pricy, I have an urge to do something to cure, prevent and ease their ailments so I concluded that being a Nurse would be the best choice. Every time my children got sick I wish that I could respond not just as a parent who support but a parent who bids.An event that rattling encouraged me to pursue becoming a Pediatrics Nurse Practitioner is when my two-year old daughter got a second degree burn. She was admitted at the Childrens Hospital in Seattle, WA. I saw the nurses taking care of my daughter more than I could. I am neither affright nor jealous of the nurse looking after my daughter. What I felt was guilt. I know that I have the passion for taking care of children. I know that I am capable of being a good nur se. After that event, I made up my mind to I depart be a Pediatric Nurse.I am pursuing the treat field so that I can graduate as a Registered Nurse with Bachelors of Science degree. I will work as a staff nurse, but after about a year I want to choose my specialty as a pediatrics nurse. I am also aiming to apply in a graduate inform to achieve my ARNP license and to get my masters degree in care for with the specialty of pediatrics. Then I plan to work as a Pediatrics Nurse Practitioner for a hospital or clinic. I have a desire to go in rural areas in able to help more children because medical treatments are limited in such areas. I am hoping to be accepted to the nursing shallow so that I can achieve my first goal towards success.

Bachelor in British Law Essay

I am a passionate, persistent individual who wills to give out a bachelor in British law, in raise to, hike on, exert the profession of a lawyer. I am and yield unvariedly been deeply provokeed in the principles of justice, which I try to put into work in my everyday life. My intention on entering a righteousness School is acquiring a deeper knowledge on the subject which has constantly been my main interest, both in my social and in my personal life. unrivalled might perhaps marvel that a Brazilian would rather collapse an British law school rather than one in his rest home earth the main reason why I am convince that studying law in the United Kingdom, more precisely in England, is the absolute passion and interest I have always had for this country throughout my whole life, withal extending to the field of law.My interest in Law and Rights first blossomed at the age of seven, when problems like alimony and share of goods showed up after my parents divorce, raising my interest to the mutual dissatisfaction of each with different matters concerning law, which do me wonder to what extent Divorce Law in Brazil was mean(a) to both sides of the divorce. Moreover, I also have been told the basics of the profession by uncles who are bachelors in Brazil and about how time-demanding and complex it can be. My uncle also told me, though, that as long as it is exerted for passion, and not for other reasons, the high transmit of work and responsibility are not a burden, but a pleasure.So high was my interest in analyzing processes and things alike that I got to happen hours with these uncles, asking questions about their procedures and their opinion about processes. I believe that my derived function contribution to the university is based on the cultural interchange interchanged I have been through between the years 2011 and 2013, during which I have been living in Germany in a boarding school, understanding the functionality of a community in the sense that, unlike day schools, offers an intense interaction with other students and teacher, and the constant presence of academic pressure. Together with my coming to Europe in 2011 came the interest of studying in an International Baccalaureate school in order to, later on, fulfill my dream of studying Law in the UK.

Fads, Fashion, and Music of the 1950’s

Today Im difference to be doing my speech on the fads, fashion, and melody of the asss. First Im going to herald youll about womens room fashion in the asss. Women in the asss wore dresses with pinched in waists to show off their hourglass figures. They wore full skirts, besides known as poodle dog skirts be accept of the bright motif of a poodle sewn onto the skirt. They wore these skirts with stiff petticoats underneath which gave them volume. They also wore pencil skirts and sweaters.They often pared poodle skirts with a tight, tucked in collared blouse and a wide waist clinching belt, and to break off the look they wore high heels. They also wore Capris, or as they called them pedal pushers and Shares, which became universal after Marilyn Monroe was photographed wearing them. presently Im going to tell youll about mens attire. Men in the asss wore black, navy, or gray business suits for work. They also wore overcoats with their suits, and they exculpate their look with a fedora hat. When men werent working they wore cardigans sweaters with khakis.As contestation and bun got familiar, then name leather Jackets which they wore with black or white t-shirts and Shares. beside Im going to call on the carpet about the fads. one(a) of the touristed fads in the asss were air-sleeve hops. Socks hops are typically informal high school dances in which they removed their shoes and danced in their socks to protect the gym floors. Another start outular fad was going to drive-in movie theaters. Drive-in movie theaters were invented in the asss simply when didnt become popular until the asss because thats when everyone began having cars.Parents loved drive-ins because they could take their kids and teens loved them cause it was somewhere they could their dates. Another fad was hula hoops. The hula-hoop was invented by Richard Inner and Arthur charge Melvin, twain industrious individuals who founded a company called the Wham-O Company. They came up with the idea in California in 1957 when an Australian visiting the U. S. Told them that back home children participated in an interesting gym class activity- they twirled hoops made of bamboo around their waists and had a great time doing it.A light bulb went on in these two clever peoples minds and the American version of the oops, made of a lightweight but durable plastic, was innate(p). They coined the term hula-hoop because they believed the action of the toys mimicked a form of a Hawaiian dance. Another fad was the fez dispenser. It all started in 1927 in Austria when Edward Has came up with this new peppermint candy. An adult breath mint that he opinionated to market as an alternative for smoking. The script FEZ comes from the German word for peppermint. FEZ used to be carried around in pocket tins.Then in 1948 they came out with the easy, hygienic dispenser that we all know now to be a regular. In 1952 FEZ wanted to expand their sales so they conform their sights on the U. S. A. , to make their product more than appealing to Americans. They placed heads on the dispensers and marketed it for children. The last fad Im going to tell wall about is featherbrained putty. In 1943 James Wright, an engineer, was attempting to create a synthetic rubber. He was ineffective to achieve the properties he was looking for and put his creation ( subsequent to be called freewheeling putty) on the shelf as a failure.A few years later, a salesman for the DOD Corning Corporation was using the putty to entertain some customers. One of his customers became intrigued with the putty and saw that it had potential as a new toy. So in 1957, after being endorsed on the Howdy y denominate, silly putty became a toy fad. Now Im going to talk about popular singers in the asss. The first person Im going to tell wall about is Elvis Presley. The King of Rock & Roll, Elvis Aaron Presley, was born in a two-room house in Tupelo, Mississippi twin blood brother Jessie Garon was stillborn , leaving him to grow up as an only child.Influenced by the music he heard at all-night gospel sings in Memphis and the black R&B he absorbed on historical Belle Street, his recording career began in 1954 with Sun Records?a year later he moved to RCA Victor. With a unique sound and style, he ushered in a new era of American music. In addition to his rock n roll hits Heartbreak Hotel and Jailhouse Rock, he had EASY-POP hits Love Me Tender, Teddy Bear, Its Now or Never, and Loving You. He made a huge bear on on the De Sullivan TV program in 1956 and starred in more than thirty films beginning with Love Me Tender. His Lass Vegas performances and 1973 comeback concert in Hawaii are legendary. Globally, he sold over one one million million million records, more than any other artist. He died of drug-related heart failure in 1977 at his home, Greenland, in Memphis. The next singer I am going to talk about is Nat King Cole was born in Montgomery, Alabama, in 1919, raised in Chicago, and christened Nat King Cole by a Los Angles cabaret owner in 1937. Beginning his career as a do it pianist, he formed an innovative, drummers trio, the hugely popular King Cole deuce-ace in 1939 with guitarist Oscar Moore and bassist Wesley Prince.He conquered the pop charts in the fifties as a lid-mannered, warm-voiced singer of orchestrated asses ballads. He died of lung cancer in 1965. And then we commit pal Holey, the youngest of four children, was born in Lubbock, Texas, where Buddy was a popular nickname for a male baby of the family. By age 13, he and his friend Bob Montgomery were playing a kind of music they called Western Bop, which they performed at local clubs. He added Larry Weldon and Jerry Allison to form The Crickets. Bespectacled Buddy Holly was the guitarist and vocalist with a singing style that blends rockabilly irreverence with pop and rock n roll.Among his Clevis, New Mexico, recordings were the western/bop/rock hit Peggy Sue, the hillbillys Thatll Be the Day, and the ass EASY-POP hit Everyday featuring Norman Petty on the Celeste. The Crickets musical comedy talent, together with Buddy Hollys unique excited style of singing, quickly made them a success. He died in 1959 before his 23rd birthday. As part of a rock show, Buddy Holly toured with The Big Popper and Ritchie Valves. After a concert at the Surf Ballroom in Clear Lake, Iowa, where their small chartered horizontal crashed and everyone on board was killed. His entire recording career lasted Just 18 months.

The Real Mary King’s Close: Principles of Human Resources

The realistic bloody shame Kings Close Is 5* visitor love in Edinburgh and It is placed In the heard of Edinburgh Old Town. The tours ar running to a lower placeground, beneath buildings of munificent Mile. in that respect is an tout ensembleey of the streets and spaces right there. The close was actu on the wholey busy and to the mellowedest degree vibrant street in asses. 2) Planning the supply team supply preparation Is concerned with optimizing the subprogram up of the organizations human being resourcefulnesss, direct and in the future. To herald workload in the weapons system, it should be considered the procedure of visitors from previous years.The ARMS was supplying initially 60,000 visitors per year. Since that cartridge clip the visitor number has increased to 190,000 visitors per year out-of-pocket to fresh marketing campaigns and promotion of the visitor attraction itself. When planning the rung team the following should be considered a) Manpower requirements The entertainment Is an essential destiny of tours proposed In the ARMS. Most of the tour sharpens working for this visitor attraction be actors. They rump easily identify with characters of person presented while on the tour.The members of ply working in the ARMS atomic number 18 omnibus under Manager Marketing Manager Supervisor Tour Guides Retail Staff cleaners M both roles are carried out at head office of the Continuum Group. B) budget avail powerfulness Whatever the objectives of the visitor attraction, its main fiscal steering exemplar allow for be its budget. When planning the staff team, the type of contract and number of employees hired has to be within the allocated budget for the paysheet. The afoot(predicate) allocated budget for payroll within ARMS is over IEEE,OHO per year. This may add-on due to the Increase in visitor number to the attraction and the demand. Mime basis in the ARMS. The rest are employed part- succession or on nonentit y hours contracts due to the economic recession and to cut lives. ARMS increases temporary and part- time contracts for a high season in the summer and during the Edinburgh knock feast (August-September). C) Essential skills and qualifications, witness required To gain a production line in visitor attraction is essential to mother go through in guest facing environment and smooth verbal communication skills in English. To nurture a degree is desirable but it depends on the position applied.A four-in-hand does need some degree whereas the tour guide should have at to the lowest degree interest or understanding of Edinburgh history. The other skills required for the barter in the ARMS are Positive Attitude Good interpersonal skills Ability to work within a team Ability to use own initiative Ability to work under pressure capable to remember and recall facts Foreign language skills but it is issued the advantage ) Use of person circumstantialation criteria and prod uction line concern rendering in the recruiting branch The personnel specification is a description of the human characteristics required by the Job holder and is derived from the demands of the Job description.Many organizations use a framework to have personnel specifications and 2 widely used are Aleck Rodgers 7 stage plan and John Munroe Framers 5 fold framework. 3) The function of a Job description Once the Job has been designed a Job description sack be produced. This is essential, non only as part of the enlisting process but in like manner to help with procreation, reward systems and staff appraisals. The Job description volunteers the employee with a clear outline of their duties, responsibilities and most main(prenominal) contributions compulsory from a position.The example of Job description for a tour guide is attached in an addendum 1. 4) The function of a person specification The person specification focuses on the type of person who might be the ideal Job holder. It may include the personal attributes and qualities, educational activity and skills, experience in similar post would be in addition beneficial. The requirements for person specifications are likely listed in order to their priority and classified as essential or desirable for the specific Job. The example of personnel specification is attached in an Appendix 2.The Continuum Group is unique in operating a group of ethnical attractions commercially. Their main objective is to maintain the high quality of their customer process to come through a growth of visitor number and to depict a profit for them and their partners. Continuum Group owns and operates a number of leading visitor attractions in the UK and welcomes near 1 million visitors per year. (Scion, 2014) The ARMS is one of the tourist attractions that live on to the Continuum Group. The ARMS is an award-winning heritage attraction which provides underground tours to ore than 150,000 visitors a year.In the AR MS, the director duties include leading and evolution team of staff who influences any manifestation of the customer experience to bring the stories of the hidden street to life, circumstances ascertain that this truly special place continues to run smoothly and focus on managing all the on- rank visitor attraction activities. (Guardian News, 2014) The tour guides working in ARMS are talented actors and interpreters. They have to be associationable of the site attraction, to provide customer work in a high train of standard, be able to interpret he customers, and be working under the Health & Safety conditions while on the tour. ) The Individuals Contribution Individuals roles As mentioned above, the care burn down adopted at the visitor attraction is really important. The approach taken exit influence the staff attitudes and Job satisfaction, and therefore will have a direct impact on the visitor experience at the attraction. Successful attractions tend to be those whi ch are effectively managed. It is important that the attraction has experienced professional managers across all prospects of the proceeding.Attractions without such management are often weak in nee or to a greater extent(prenominal) areas, including marketing, financial control, management of people and strategic planning (Swarthmore, 2002). The role of manoeuver is an important part of ARMS. Tour guides are employed to lead a group of visitors and provide them with an informative, entertaining and historic insight into a specific tour. The guides performance influences the visitor experience and their demand on the attraction. Individual employees can play a very important role in luck a business achieve teamwork and operations success.The business needs to naive realism that any person who works for the organization has their own motives and needs and that the single(a) will fulfill the business needs if it also meets their case-by-case needs. Teamwork There are several advantages of teamwork within an organization. whatever of them are listed below simplification of risk of failure while working in a team, the essence is not falling on an individuals shoulder Division of work distributively person, who works in a team, execute any task of designate work with the best possible aptitude. The division of work also meet the work is done on time. Team. The individual put the maximum faculty on the work they are the best in or have familiarity and skills to do it. Team building Very often organizations use team building activities or events to build motivation and support at the workplace, break communication, increase morale, improve productivity or Just combust the ice to help get to know each other cave in within a team. In the ARMS, the management team uses social functions and confound as a source of team building for employees Halloween party or Christmas night out.Retaining staff faithfulness It is important to retain staff loyalt y within organization. It helps to act employees to work for the benefit of the team and the business itself. It also helps to educe enlisting costs and learning which has to be provided to new staff. Some of the methods include investing into the employees To return the opportunity to employees to enhance their professional skills by prepare and development To help them improve their skills and allow them to rotate mingled with different roles within the workplace to avoid stereotype forcing them to leave the organization. Entrepreneur, 2014) 7) The enlisting and natural filling process Many personnel practitioners of organization spend a great deal of their time engaged in the activities associated with the recruitment and alternative of staff. The response practitioner has to be knowledgeable about the wider issues involving recruitment and selection decisions, such as legislation and good practice, and the range of recruitment sources and selection methods, as well as be ing skilled in interviewing and measure outing electric potential employees.Examples of poor practice in recruitment and selection decisions which result in unnecessary costs to the organization are Making mistakes failure in redesigning by making changes in new vacancy 0 will have cost implications because the Job has not been designed to suit current needs and possibility of potential savings has been ignored. Recruiting the wrong person may result in their leaving or being dismissed in the short term or requiring more training than was assuming in the long term.A hurried attempt to meet an advertising deadline in topical anesthetic paper 0 it may result in incorrect repeat which misleads potential applicants or discourage them from applying. (Malcolm,2005) The steps from recruitment, selection to final abstraction are listed below Produce Application Packs approach pattern the Job descriptions Design the personnel specifications Assist in short-listing Arrange the intervie ws/tests Correspond with candidates Check their references have recordsDevise induction programmed 8) Investing in Human Resources Human resources are a long term asset of any business, especially when it comes to strategy. The amount of silver spent on employees and their learning can be promisen as helping the employees to learn better skills that will help the business achieve its goals with more efficiency. The goal of human resources should be to bring the employees skills out and use them to the business best advantage. Human resource management is concerned with obtaining organizing, training, motivating and honour the people involve by the organization. Malcolm, 2005) The organization can gain a competitive advantage over less progressive competitors by developing its human resources to improve employee skills and increase their loyalty to the organization. (Yahoo, 2014) Human resources should be about the development of both fundamentals of management as well as corpor ate values. This means that any investment in human resource management should achieve both of these goals. A) Customer care training The ARMS is an attraction owned by the Continuum Group which has had a set customer care strategy.The Continuum Group uses the same customer care policy for all owned attractions around the I-J. Staff at the ARMS adopted the canonical and clear set of standards outlined by this policy. It is used well every day at the visitor attraction to achieve a high level of customer care and maintain customer satisfaction. Every aspect of the customer care policy is vital to the success of the Real Mary Kings Close which is outlined in this report. The ARMS participates in the following two customer overhaul training programmed One Hundred Thousand haves It is a customer run training coder in Scotland.It gives the staff the ability to deliver excellent customer service, benefiting the staff, visitors and the company. There are two types of programmer provid ed one for the management staff and one for front of house staff. Welcome Host Customer Care bringing up It is a customer service training programmer which helps staff to obtain new customer service and improve communication skills as well as the knowledge of topical anaesthetic services. Expectation. They receive a recognized certificate in the end of the training. both(prenominal) of these training programmed are significant to the success of the ARMS operation.The members of staff are given the best knowledge of visitor needs and requirements and how the staff themselves can exceed the expectations of every suitor within the ARMS. B) Investors in People It is a specialist in leading and managing people and its mission is to help to achieve objectives through the staff of the business. In 2008 there were almost 40,000 organizations currently working with Investors in People. It is supported by the Department for Business, Innovation and Skills (IBIS). The ARMS authorized a br onze award from Investors in People and was also a finalist in the Scottish Thistle Awards in 2010.The awards from the service training programmed are very important for the ARMS to show they do the right things, provide the excellent customer service and now what their customers need and want. 9) Training Induction training Before new employee becomes a tour guide, the special induction training program is provided by ARMS. Each new employee must be attended by an employee during the tour. New tour guides are provided with detailed scripts to learn in addition to a booklet which contains historical information needed for the tours.They eclipse five tours with general public and then are assigned a buddy. All training provided for new staff is given on site. The new tour guides are then expected to expand their tour in their own way and input their own extra information to ca-ca the our as interesting as possible. Product knowledge Product knowledge is a key to the success of the attraction at ARMS. The tour guides should be able to give an in-depth description on the close and how life was when it was used, as well as being able to answer many questions by visitors.Health & Safety training As part of the Health & Safety regulations, all staff has to go through special training program in front they start to work at the visitor attraction. This training is provided only once, withal all employees should repeat the training while working at the attraction to keep the highest level of the customer service. The first aid training is provided only to the management team and they get certificate in the end of the training. This training is not provided for tour guides and it should be changed.The tour guides are responsible for the visitors during the tours taken underground therefore the fast first aid would be necessary. 10) Training programmed and their benefits Benefits to the organization visitors, to know their expectation and needs By providing relevant training to the employees, it increases the customer satisfaction. Visitors would willing to visit attraction where know they do not waste a time and money. Enhance the reputation, people will handle about the attraction and recommend to friends and family. The image of the attraction will improve too.Investing into employees means their loyalty to the organization Benefits to the employees The training programmer can motivate the staff to learn new things, to improve and to develop their skills Training makes the employee that they are part of organization family With training provided, the tour guide can provide excellent customer service to the visitors while on the tour. They can be consequently rewarded by weekly award called The Magic Award by their colleagues or by customers feedback revived as Service Excellence nominating address. 1) Implications to the organization of poor training Low staff aptitude, skills and product knowledge No staff motivation Lack of improvement ov er time The staff leaving the company 0 poor quality of service 0 hard reputation the customers negative feedbacks for tours, tour guides and attraction itself, by mouth 0 less number of visitors to the attraction 0 losing the customers now and in the future 12) The function of Staff Appraisals The organization is able to assess how each member of staff is working by conducting he staff appraisal.The staff appraisal is an opportunity to evaluate the performance of employees at least once per year. It is managed through a discussion between staff members and management. These discussions provide agreements about objectives and the achievement of targets. The aim of the appraisal is to evaluate the work and priorities the individual employees future duties and development needs. The organization can identify its underachieving employees and either give them special attention to improve their performance, or begin the process of replacement them (eh, 2014)The staff Rota is a list of employees who are working on any given day, week or month. Planning the amount of staff needed to be able to handle the daily and weekly workload of any business is essential. This can be achieved by using a planning Rota to make sure enough staff are available to retain the necessary work, but the business needs to be careful to make sure enough staff are included on the Rota as not enough employees on hand could have bad financial impacts on the business. The purpose to make staff Rota in advance is important for full time employees to give them statutory hours as stated in their contract and to cover holidays.It is also important in high seasons (Summer, during the Fringe Festival) when the number of visitors increases, so the organization hires a seasonal staff and make staff Rota in advance, firstly to expand the tours and secondly can see the flowing visitors number by number of staff on a day. 14) Ineffective roster If the staff roster is not planned and make in advance it could have impact to the employees but mainly to the customers. eon less staff is working during the shift it is more stressful, the employees can provide less effort on the customer service and customers are dissatisfied.It is bad reputation for the attraction and it loses the customers now and in the future. The planning of staff Rota also helps to minimize the harmful effects of long shifts and reduce proceeding mistakes. 1 5) Conclusion As said in the beginning of the report the human resources are important in the business as they affect the operation of the attraction, the staff and the customers. The organization should put more effort on recruitment process and consecutive selection of staff to avoid unnecessary cost and mistakes. In the ARMS, the Health & Safety and First Aid training should be considered before new employees start their bob.

Buddhism- a Religion or a Philosophy?

Albert Einstein believed that, the righteousness of the future allow be a cosmic organized holiness that should transcend a individualal god and neutralise dogmas and divinity. Covering some(prenominal) natural and spiritual, it should be establish on a ghostly sense arising from the experience of all things, natural and spiritual and a meaningful unity (Jammer, 1999). Buddhism qualifies as a piety depending on unmatchables point of vista. If religion is defined as a dust of worship or devotion to a higher(prenominal) deity and then Buddhism does not fall under the phantasmal category (Buddha Dharma Education Association, 2012).However, if religion is defined as a system of beliefs and rituals and morals then Buddhism classifies as a religious experience out (Harshorne, 1996). The aspects of religion that include rituals and devotions atomic number 18 the very(prenominal) key aspects of the human experience. Although occupying the same socio-psycho consistent space as other religions, they do not all necessarily sh ar similar characteristics (Molloy, p5, 2010). Western scholars and religious thinkers often refer to Buddhism as an atheist or nontheist religious coif (Florida, 1990).Despite app bent contradictions surrounded by Buddhism and theistic religions there are many elements of usualality. This paper supports Albert Einsteins claim on religion through exploring Buddhism as a contemporary religion relevant to earth in relation back to science, tour considering the similarities shared by Buddhism and conventional religions such as Christianity. why does it matter if we consider something a religion or not? in that respect are Buddhisticics who speak confidently on Panel discussions stating that if using the condition religion be fall downs a problem then they will not utilise it (Los Angeles Interreligious Group, 1991).Buddhism shows no concern over whether or not it qualifies as a religion, as it is a matter of belief from wi thin and not what masses think of it. Smith, a religion historian states in his works that beliefs are not primary to religion faith is (Florida, 1990) which reflects Buddhisms emphasis on the importance of karma and leading a morally-based spirit. Smith also strongly believes that theistic religions invented the subject of god based on humanities ignorance, weakness, fear, and desire(Florida, 1990).Michael precious stone is a psychotherapist and a Buddhist t from each one(prenominal)er who shares Albert Einsteins view on religion. Michael attempts to incorporate traditional Buddhist teachings with todays psychological and philosophical disposition (Stone, 2012). Science has created an abundance of contradictory views in traditional religious teachings that Buddhism stands out as a religion which accommodates scientific evidence (The Dalai Lama centre, 2012). Religions importance today has come into interrogative mood when analyzed through the eyes of societys logical mind.Th e Dalai Lama claims that if moderne science establishs redeeming(prenominal) evidence that a Buddhist idea is wrong, I will accept the modern science, (he gives the example of the res publica moving or so the sun, which runs counter to Buddhist scripture) (The Dalai Lama Centre, 2012). Science has hence made many questionable beliefs come to universe through effort and error research that many base their beliefs on evidence (Molloy, p179, 2010). Buddhism The Buddhist religion entails a sense of sacredness with ones self in relation to the environment and the universe. All religions are concerned with the deepest level of reality and for most religions the core or origin of everything is sacred and mysterious (Molloy, p7, 2010). The trio Marks of Reality encompasses the embedded truth in Buddhist theology which reinforces the belief in having no god but rather purpose the god within (Molloy, p132, 2010). Sacredness in religion refers to a dedicated practice to a religious p urpose not the belief in a mystical figure who controls life as we know it.Sacredness is an enkindle tail end of experience, and since there is a common misconception roughly Buddhism, the Dharma equips one to put one across a conciliatory meeting with whomever. The Dharma is part of the Three Jewels of Buddhism since it covers Buddhist teachings in how to view the field and how to live properly (Molloy, p131, 2010). The Dharma accommodates a variety of other views and appreciates those views for what they are. The yield of Buddhism was based on the spread of Siddharthas teachings who was the oblivious son of a powerful king.The main components of Buddhist belief are karma, compassion and conversion, which were conceptualized as a result of Siddharthas sudden exposure to realitys misfortunes (Molloy, p128, 2010). These features influenced followers to adopt a peaceful and moral pilgrimage through life if they seek a blissful reincarnated-self (Molloy, 2010). Having experienc ed the 4 passing sights which involves living with nothing but oneself, Siddhartha began his journey towards becoming a world teacher (Molloy, p128, 2010).He unspoilt The Four impressive Truths which are the truths about life, that suffering exists, it has a cause, it has an end and there is a agency to unwrap release from suffering (Molloy, p143, 2010). In Buddhist literature it is believed that worshipping a higher deity disregards the notion of karmic results of follow out which they strongly believe in (Thera, 2012). Similarities of traditional religions (Christianity) Religion enkindles the connecter of our natural, human world to the sacred world (Molloy, p5, 2010).Buddhism revolves around the life and lessons of Buddha, and Christianity revolves around the life and lessons of Jesus Christ, who are the two prophets present in two fields of practice (Los Angeles Interreligious Group, 1991). Both prophets followed the same outline to uncover the worldly truths as they stayed in the wilderness for 40 days and 40 nights facing evil, Jesus by Satan and Buddha by the daimon Mara and his daughters (Los Angeles Interreligious Group, 1991). As the holiness representatives, both religions have a centralised authority figure such as the Pope and the Dalai Lama to slobber on the teachings of God and Buddha on a global scale (Molloy, p391, 2010). Similarities in both Christians and Buddhists theological practice reflect the fact that notwithstanding the loss in beliefs in a deity the foundations share some common ethics. Buddhisms conception of reality refers to the basics of The Four Noble Truths and The Noble Eightfold Path that chamberpot be applied to the Ten Christian Commandments (Molloy, p136, 2010).The Ten Commandments represent Gods rules of behavior Christians are judge to follow (Betty, 2008). The early stage of Buddhism was initially rejected as a religion by westerners. However later on, western scholars considered Buddhist concepts of paradise and dharma as parallels to the Western notion of divinity or God and they refuted it (Florida, 1990). The facial expression of Buddhist characteristics attributed to Gods existence in theistic religions is part based on Buddhisms perspective on reality and needing no god to control their course of life (Betty, 2008).Yet religious symbolism has been an historic feature of all religions, including Buddhism and Christianity. The Christians request to Jesus in churches while Buddhists pray to Buddha in monasteries. According to Molloy, religious symbols, myths, and terminology at times suggest a universal language that all religions speak (Molloy, p9, 2010). The expirations While both are classified as a religion, a prominent difference and focus of many arguments surrounds the notion of Buddhisms lack of deity to worship.Any forms of God-like elements in Buddhism are seen as manifestations of a specific natural form (Betty, 2008). Gods in Buddhism are essentially consid ered manifestations of different physical elements and mediums from which Buddhists can contribute their physical energies toward enlightenment, which is a state of spiritual understanding (Hartshorne, 1996). Buddhism does not can great(p) importance on having a higher divinity because they dont think it will have an impact or even make a difference when practicing their values (Hartshorne, 1996).According to Stafford, Buddhism and Christianity have much to teach each other about Ultimate RealityGod or Buddha reputation (Stafford, 2008). Buddhism is considered a psychological religion as it provides the tools within a person to attain full-fledged happiness internally rather than externally (Thera, 2012). Whereas Christianity is a religion of doctrines where the institution of the church controls Christian practices on life (Molloy, p391, 2010). therefrom the ideas of ultimate reality differ greatly as both religions behave different outcomes from their practices.One focuses o n what God expects while the other does not place any expectations other than attempting to reach personal happiness. The difference in counseling received by both Buddhist and Christian followers provides an understanding as to why Buddhism may not be considered a religion by some theist believers. Christianity stresses on the importance of human action based on Gods cosmic plan to chit-chat good morals into society to fight between the good and evils life bestows (Molloy, p15, 2010). Buddhism on the other hand focuses on personal karma to justify the good reasons behind following a morally-based lifestyle.Pope John Paul II disturbed Buddhists when he stated that Buddhism is an atheistic system and that the doctrines of salvation in Buddhism and Christianity are opposed (Stafford, 2008). The Popes words made it clear that he believes the rejection of a dogma in Buddhism raises a lot of questions in the theater of religion when it comes to the nature of Buddha. Agreeably, Christ ians have faith in God while Buddhists have faith in something other than God- emptiness, perhaps (Florida, 1990).Since Buddhism and Christianity address the race of ultimate- God or emptiness as major opposing elements (Florida, 1990), Florida poses an interesting question regarding Christianity that if ultimate reality is Emptiness, is the Christian forced to choose between identifying God with Emptiness and denying God altogether? (Florida, 1990). This statement supports Christianitys fall requirements for fulfilling ones obligations with no room for personal opinion to God whereas Buddhism allows a modernised growth from within, with the world around in tune with ones personal opinion (Silva, 2011).The progressiveness of Buddhism suggests that there are no implications on what one should and can believe in, in pursuit of sacredness. Sacredness can all be defined as the emptiness attained in Buddhism when novice or speak of the sacred as what people hold to be sacred in Chr istianity (Florida, 1990) (Molloy, p 14, 2010). The holy books are another way to identify the difference in what is considered as guidelines or expected practices for both religions as they are not used for the same reasons.In Buddhism, there are many kinds of holy books known as the Sutras. Buddhists Sanskrit, serve as a guideline to a deep reality beyond the reach of public cognition and senses (Thera, 2012). Buddhism believes in personal reason while Christians follow religious authority (Molloy, p19, 2010). Therefore, the Bible reveals the words of God that cannot be questioned and are a compilation of claims about the physical or spiritual worlds to be veritable on faith (Birnbaum, 2009). Can a religion both be atheistic and a religion?While attempting to understand what the topic of religion consists of, one must consider the fact that the term religion was develop in the western culture thus representing their traditional idea of what is meant by religion. The western per ception of religion may not be whole stamp down when applied across cultures or spiritual paths (Molloy, p5, 2010). In difference Beyond God, Armstrong argues that many Westerners define religion much too narrowly because they use the Abrahamic religions Judaism, Christianity, and Islam and belief in the God of monotheism as the standard of what defines religion (Vincent, 2012).In a book plowed One of Faith and Belief Smith notes that the worlds religious systems . . . are not all variations on a theme they do not give differing answers to the same questions, they do not operate in a common mode (Smith, 1979). Therefore it is needless to say that contemporary ideologies about religion are no longer strictly based on teachings that cannot be challenged. Whether we should go on or not to call it faith in God, depends directly on what we think of the universe not on what be opinion of it (Florida, 1990).New scientific interrelations with religions such as Buddhism, will formulat e a new branch that is both spiritual and scientific which would be suited for contemporary society logicality (OBrien, 2009). Religion suggests the joining of our natural, human world to the sacred world whatever that may be for anyone (Molloy, p5, 2010). Therefore, why should believing in a divinity improve the humanity-focused problems experienced in religion? Conclusion If Dharma was assimilated into our culture as a daily practice and was not represented by the word Buddhism the world would be a happier place.If children had to focus on their attention in early puerility education to learn to look at their mind, to regulate their emotions, to be expert in that way then having the name Buddhism to represent the practice would not matter (Los Angeles Interreligious Group, 1991). If you try to categorize Dharma or Buddhist teachings it is really challenging, because it is a combination of a science, a religion, a philosophy or psychology. Buddhism can be seen as a religion which focuses on a way of life that allows the adoption of teachings in any other religion appropriate to ones life journey (Molloy, 2010).Having drawn attention to the distinct similarities and differences both Christianity and Buddhism share this helps us develop an understanding of the dynamics present in both religions. ground on these comparisons it is clear to say that despite the differences, Buddhist thinkers are less intent on systematizing Buddhist thought into theories of ethical action, and are more interested in examining particular Buddhist views on what it means to be a moral subject (Heim, 2011). Based on my personal observations, if you go to any Asian country where Buddhism is practiced it is clear to say that the followers have very religious behaviors.All in all, Buddhists practice with one goal in mind, to end suffering. Therefore the idea of a higher deity seems senseless if it does not have a direct impact as to aid moralistically. Answering a question such as, do you believe in a god, a Buddhist may answer is answering that question either way, going to make me less or more sad (Los Angeles Interreligious Group, 1991). Bibliography Betty, L. (2008). What Buddhists and Christians are teaching each other about God. Cross Currents. 58(1), 108-116. Buddha Dharma Education Association (2012). Morality. Fundamentals Of Buddhism. A BuddhaNet Production.Retrieved from http//www. buddhanet. net/fundbud6. htm Birnbaum, R. (2009). In search of an authentic engaged Buddhism voices from ancient texts, calls from the modern world. Religion East & West, (9), 25-39. Florida, R. E. (1990). Theism and Atheism in the Work of W. C. Smith A Buddhist Case Study. Buddhist-Christian Studies. University of Hawaii. Vol. 10, pp. 255-262 retrieved from http//www. jstor. org/stable/1390212 . Hartshorne, C. (1996). Buddhism and the theistic question. In Buddhism and the emerging world civilization (pp. 62-72). Carbondale, Ill Southern Illinois Univ Pr.Heim, M. (2011). B uddhist ethics a appraise essay. Journal Of Religious Ethics. 39(3), 571-584. Jammer, M. (1999). Einstein and Religion. Publish by Princeton University Press. Retrieved from http//press. princeton. edu/chapters/s6681. pdf Los Angeles Interreligious Group (1991). An earlyish Journey. Buddhist-Catholic Dialogue. Retrieved from http//monasticdialog. com/a. php? id=334 Molloy, M. (2010). Experiencing the Worlds Religions. Tradition, Challenge, and Change. McGraw Hill. Fifth ed. OBrien, B. (2009). why Buddhism Is a Religion, and Why It Matters. Religion and Spirituality.Retrieved from About. com Tablan, F. E. (2011). Towards a Buddhist-Catholic interreligious encounter a Southeast Asian perspective. Studies In Interreligious Dialogue. 21(2), p188-210. The Dalai Lama Centre (2012). Happy Night in Canada The Dalai Lama and starring(p) Scientists Search for Happiness. For Peace and Education. Retrieved from http//dalailamacenter. org/learn/happy-night-canada-dalai-lama-and-leading-scient ists-search-happiness Thera, N. (2012). Buddhism and the God-idea. BuddhaNet edition. Retrieved from http//www. accesstoinsight. org/lib/authors/nyanaponika/godidea. htmlStone, S. M. (2012). About. Centre of Gravity. Retrieved from http//www. centreofgravity. org/m_stone/ Silva. D. L. (2011). Radical Therapy. Buddhist Precepts in the Modern World. Retrieved from http//www. accesstoinsight. org/lib/authors/desilva/bl123. html Smith,W. C. (1979). Faith and Belief The Difference betwixt Them. Princeton N, J. Princeton University Press. Retrieved from http//www. amazon. ca/Faith-Belief-Difference-Between-Them/dp/1851681655 Vincent, H. (2012). Christian Buddhism?. Buddhist Geeks. Retrieved from http//www. buddhistgeeks. com/2010/08/christian-buddhism/

Nature of Evil in Othello

The Nature Of Evil In Otloony bino The Nature of Evil in Othello William Shakespe ars Othello uses different and unique techniques in his language to express the reference work of wrong throughout the play. Verbal twists and the temperaments around importantly stress the act of evil. Iago, most of all is portrayed as the villain or protagonist in the play. Shakespeare uses this character to set the footing of evil. Each plot point is spiralight-emitting diode nevertheless into tragedy due to the reputation of Iago and his manipulative language towards the some otherwise main characters.Corruption overcomes the Venetian hunting lodge as Iago uses his crafty skills of deceit. The plan to become Othello mature against the ones he loves is the perfective aspect example of evils nature. The place struggle is evident amidst these two. This situation is the start to Iagos plan to corrupt the society and consider Othellos place. The root of Iagos evil is jealousy indeed, in work changing into a power hungry manipulator. Iago is tired of acting desire one courteous and knee-crooking knave like he al courses appears to be I. i. 46.Since Iago is reluctant to choose to be a master, he is the servant that bites transfer the fame and keep still their hearts attending on themselves, still exhibit his service to his master but instead is to a greater extent self-preserving with no attachments at all towards the master I. i. 52. Irony is used diligently in Shakespeares unique language style. Referred by Othello as honest Iago, the irony is precise evident in this title. Iago is boththing but honest but this proves how easily led and manipulated Othello is. The traits Iago possess are unexpected to a normal villain.He comes crossways as charming and smart, he can also be referred to a wolf in sheeps clothing. For example, he knows Roderigo is in love with Desdemona and figures that he would do anything to have her as his own. Iago says about Roderigo, Thus do I ever make my fool my purse. I iii. 355, By playing on his hopes, Iago is equal to conjure money and jewels from Roderigo, making himself a profit, while using Roderigo to further his other plans. He also thinks stealthy on his feet and is able to improvise whenever some(a)thing unexpected occurs.When Cassio takes hold of Desdemonas hand before the arrival of the Moor Othello, Iago says, With as little a web as this will I set as great a fly as Cassio. II, i, 163 This language demonstrates the evil inside Iagos goals of retrieving absolute power. He actually even says of himself, I am an honest man. II, iii, 245 Iago slowly corrupts the characters thoughts, creating ideas in their minds without implicating himself. His medicine works Thus credulous fools are caught. II, i, 44 And whats he accordingly that says I play the villain, when this advice is free I give, and honest, II, iii, 299 says Iago.In turn, people rarely stop to consider the fact that old Iago could be deceiving and manipulating them yet they are convinced that he is Honest Iago. From these quotes from Othello it is proven that the dialogue used amid Iago and the others is manipulative causing an evil outcome. Iagos complexity in character grows as the play comes closer to a conclusion. The tricky and crafty way Shakespeare uses the evil in Iago is to make him seem amoral as opposed to the classifiable immoral villain. At the climactic end of the play, Iagos plot and plan is condition away to Othello by his own wife, Emilia.Iago kills his wife seeing her as a non entity to his vicious foresight. He kills her non out of anger but for more pragmatic reasons. She served no purpose to him anymore and she can now precisely hurt his chances of keeping the position he has been given by Othello. Iagos threatening hearted taking of Emilias and Roderigos lives is a nonher proof of his amorality. The root of all evil stems from some would say money, but in this case it is power. To dri ve Iago to get the power he wants, he is fueled by jealousy. The way jealousy affects the other characters is uncanny.Othello is led down the same path as Iago which is exactly what he wants. The other characters all play off Iagos misfortunes in turn making Iagos manipulative plan a success. Divinity of hell When devils will their blackest sins put on, they do suggest at first with celestial shows, as I do now. (II, iii, 348) This is the first quote that it is evident Iago is jealous. He is the voice of jealousy in its entirety, giving way to the evil works that drive the play. There is a counter argument to the fact whether Iago is originally evil. In Richard Grants, Studies in Shakespeare, describes the dual aspects of the character of Iago, whose external sort is characterized by warm sympathy for his friends and apparent trustworthiness among his peers, but whose real and inner nature is amoral, heartless, and entirely self-interested. The fact that Iago was the youngest o ut of the group of characters, Grants guess on Iagos evil nature is that he adapted it by consciously adopting it. Brave, and a good soldier, he was also of that order of dexterity which lifts a man speedily above his fellows.His manners and his guise were of a dashing military sort and his manner had a corresponding bluntness, tempered, at times, by tact to a warm-hearted effusiveness, by the very tact which prompted the bluntness. Grant Studies in Shakespeare, Houghton, Mifflin and Company, 1886, pp. 258-79 Grants theory can twist the minds of what Iago has always been thought of to be. The typical villain is taken as something else in this scenario. Being in the military, in is in Iagos nature to make his way to the top. His actions may not have been particularly evil, but yet understood.Another plagiarize from Grants theory, all(a) the principal personages of the tragedy, Desdemona and Cassio included, thus regard him although Cassio, himself a soldier, is most impressed by Iagos personal bravery and military ability. In speaking of him, he not being present, the lieutenant calls him the bold Iago, and in his presence says to Desdemona that she may coolness him more in the soldier than in the scholar, II. i. 75, 165-66 Grant Studies in Shakespeare, Houghton, Mifflin and Company, 1886, pp. 234 further explains how the soldier instinct in Iago has replaced his demeanor rather than evil. The sheer importance of the character Iago is immense. The theory of Iago being evil or just jealous of a military position is up for debate. The interesting fact about Shakespeares characters is the relation they have in real life. As Grant explains, In Iago Shakespeare has presented a character that could not have escaped his observation for it is of not uncommon occurrence except in one of its elements, utter unscrupulousness. moreover for this, Iago would be a representative type, representative of the gifted, scheming, plausible, and pushing man, who gets on by th e social art known as making friends.This man is a lot met with in society. Sometimes he is an adventurer, like Iago, but most commonly he is not and that he should be so is not requisite to the perfection of his character, Grant Studies in Shakespeare, Houghton, Mifflin and Company, 1886, pp. 205 you can see the relations Iago has to a particular(prenominal) stereotype of a person in the real world. In some other excerpt, Thus far Iagos character is one not rare in any society nor at any time. Yet it has been misapprehended and the cause of its fault is the one element in which it is peculiar.Iago is troubled with no scruples, absolutely none. He has intellectual perceptions of right and wrong, but he is utterly without the moral sense. He has but one guide of conduct, self-interest. Grant Studies in Shakespeare, Houghton, Mifflin and Company, 1886, pp. 205 Grant explains how Iago is just missing moral sense. He may not in fact be evil at all. He can simply just be greedy an d envious in result of not gaining the position in the military. Iago, however, had no thought of driving Othello to suicide. Far from it.Had he supposed the take on he laid would have exploded in that catastrophe he would at least have sought his end by other means. For Othello was necessary to him. He wanted the lieutenancy and he was willing to ruin a regiment of Cassios, and to cause all the senators daughters in Venice to be smothered, if that were necessary to his end. however otherwise he would not have stepped out of his path to do them the slightest injury nay, rather would have done them some little service, express some pretty thing, shown some attaching sympathy, that would have been an item in the summarise of his popularity.There is no mistaking Shakespeares intention in the delineation of this character. He meant him for a most attractive, popular, good-natured, charming, selfish, cold-blooded and utterly unscrupulous scoundrel. (pp. 333-34) Grant Studies in Shak espeare, Houghton, Mifflin and Company, 1886, pp. 205 This excerpt further explains Iagos nature being exactly how Shakespeare intended yet a little different than what the average contributor would think of him.The nature of evil is strictly evident as the play comes to an end, yet it is viewed as an opinion or a theory whether Iago is truly evil. Ironically, Iagos lyric poem speak louder than his actions, proving how legitimate Shakespeares use of language for the character was. This dynamic use of language is significant because it can alter the thought of the reader whether Iago was truly evil or just using military tactical maneuver to better him. Iago and his use of language set the main plot for every characters outcome.

Eco Study Question

The low- lived bundle that yields the greatest satisfaction to the work throughr is suffice the uttermost bundle. the equilibrium purpose bundle. the exclusivelyowable purchasing bundle. the most popular bundle. Given that income is $500 and PX = $20 and PY = $5, what is the grocery govern of telephone exchange between severes X and Y? state 100. 4. -20. 25. The reckon set defines the combinations of darling X and Y that service ar desirable to the consumer. are affordable to the consumer. maximizes consumers utility. maximizes suppliers do inviolable. The difference between a monetary think of slack and an amplify in income is that dress A harm precipitate does non regard the consumption of other goods while an adjoin in income does. An growth in income does non affect the slope of the budget run while a hang in value does change the slope. A worth drop-off minifys lasting income while an add-on in inc ome improvers real income. A hurt decrease leaves real income unchanged while an increase in income increases real income. entirely else held change slight, as additional sign of the zodiacs enter an industry dress more result is procurable at each given(p) wrong. less sidetrack is available at each given outlay. the same end outfit is available at each given greet. output could increase or decrease at each given impairment. The law of call for states that, retentivity all else ageless fare as price falls, guide leave alone fall also. as price rises, pack forget also rise. price has no printing on measure pauperismed. as price falls, quantity prerequisiteed rises. The economic tenet that producers are testamenting to produce more output when price is mellowed is depicted by the set upward slope of the summate edit out. uttermost(prenominal) steepness of the proviso curve. downward slope of the lend curve. interaction of the supply and claim curves. Good X is a principle good if an increase in income leads to coiffure an increase in the supply for good X. an increase in the ask for good X. a decrease in the demand for good X. a decrease in the supply for good X. If on that point are few close substitutes for a good, demand tends to be comparatively firmness of purpose elastic. inflexible. unitary elastic. neither elastic, inelastic nor unitary elastic. Which of the following is use to determine the statistical signifi potfulce of a regression coefficient? do t-statistic. F-statistic. R-square. modify R-square. Assume that the price gingersnap of demand is -0. 75 for a certain(prenominal) fasts ingathering. If the firm lowers price, the firms managers can search sum of money revenue to process (lower than 1 so its inelastic) decrease increase remain constant either increase or remain constant depending upon the size of the p rice decrease. Assume that the price duck soup of demand is -2 for a certain firms product. If the firm raises price, the firms managers can expect sum total revenue to assist Decrease Increase Remain constant Either increase or remain constant depending upon the size of the price increase. What is the fringy price of producing the fifth unit? resultant 270. 110. 50. 0. Scarce resources are in conclusion allocated toward the output of goods most wanted by society be get under ones skin assist firms get to maximize internet. they are most efficiently utilized in these areas. consumers demand inexpensive goods and services. managers are benevolent. The additional greet incurred by development an additional unit of the managerial control variable is delimitate as the reception total cost. net cost. net bene equalize. marginal cost. Which is the correct literary argument about the relationship between government and the market? solving judicature should intervene on the consumers behalf. Government should intervene on the producers behalf. Government should non intervene on any partys behalf. Government often plays a occasion in disciplining the market process. speculate the farseeing-run average cost curve is U-shaped. When LRAC is in the increasing stage, in that location exist settlement economies of scope. diseconomies of scope. economies of scale. diseconomies of scale. fix be exist only in final result The long run. Capital intensive markets. The short run. Labor intensive markets. If the marginal product per dollar go by on capital is less than the marginal product per dollar washed-out on drudge, and so in order to minify be the firm should use consequence less capital and more comminute. less labor and more capital. less labor and less capital. more labor and more capital. see the marginal product of labor is 10 and the marginal product of capital is 8.If the wage rate is $5 and the price of capital is $2, then in order to minimize costs the firm should use Answer more capital and less labor. more labor and less capital. relate amounts of labor and capital. none of the statements associated with this oral sex are correct. A price decrease causes a consumers real income to Answer increase. decrease. remain unchanged. decrease or increase depending on the size of the price change. The idea that a consumer is limited to selecting a bundle of goods that is affordable is captured by the Answer budget constraint. indifference curve. consumer equilibrium. price changes. hypothesise market demand and supply are given by Qd = 100 2P and QS = 5 + 3P. If a price ceiling of $15 is imposed, Answer on that point volition be a surplus of 40 units. there will be neither a surplus or deficit. there will be a shortage of 40 units. there will be a shortage of 20 units. The minimum statutory price that can be charged in a market is Answer a price floor. a price ceiling. non-pecuniary price. full economic price. Suppose that good X is a substitute for good Y.Then an increase in the price of good Y leads to Answer an increase in the demand of good X. a decrease in the demand of good X. a decrease in the supply of good X. an increase in the supply of good X. In a agonistical market, the market demand is Qd = 60 6P and the market supply is Qs = 4P. A price ceiling of $3 will result in a Answer shortage of 30 units. shortage of 15 units. surplus of 30 units. surplus of 12 units As the usage of an infix increases, marginal product Answer initially increases then begins to dec nervous strain. initially decreases then begins to increase. consistently decreases. consistently increases. Costs that are forever befuddled after they have been paid are Answer Production costs. Fixed costs. Sunk costs. v ariant costs. The maximum amount of output that can be produced with K units of capital and L units of labor is the Answer Production function. technological constraint. Research and development schedule. Total product. An isocost line Answer represents the combinations of w and K that cost the firm the same amount of money. represents the combinations of K and L that cost the firm the same amount of money. represents the combinations of r and w that cost the firm the same amount of money. has a convex shape. beg is more inelastic in the short because consumers Answer are impatient. have no cadence to find available substitutes. are present-oriented. are neither impatient, have no time to find available substitutes nor are present-oriented. Which of the following factors would not affect the own-price grab of a good? Answer Time. Price of an input. Available substitutes. expense share. Use the figure preceding(prenominal) to calc ulate the income elasticity of demand when income increases from $25,000 to $30,000. Answer -0. 10 -1. 10 0. 1818 0. 20 1. 10 ? As a rule-of-thumb, a parameter estimate is statistically different from zero when the positive value of the t-statistic is Answer zero. less than one. greater than or adapted to one. greater than or equal to two. In order to maximize net benefits, firms should produce where Answer total benefits equal total costs. profits are zero. marginal cost is minimized. marginal benefits equal marginal costs Scarce resources are ultimately allocated toward the production of goods most wanted by society because Answer firms attempt to maximize profits. they are most efficiently utilized in these areas. consumers demand inexpensive goods and services. managers are benevolent. Generally when calculating profits as total revenue minus total costs, accounting profits are larger than economic profits because economists take into account Answer only distinct costs. only implicit costs. both explicit and implicit costs. both types of profits are always equal because they account for the same costs. To an economist, maximizing profit is Answer maximizing the value of the firm. maximizing the current years profits. minimizing the permanent total costs. minimizing the future risks At the point of consumer equilibrium the slope of the budget line is equal to the Answer market rate of substitution. indifference curve. marginal rate of substitution. consumer preference. If the price of good X increases, what will happen to the budget line?Answer It will have a parallel pillowcase inward. It will have a parallel shift outward. It will become steeper. It will become flatter. The possible goods and services a consumer can afford to consume represents the Answer consumer look. consumer preferences. consumer status. consumer opportunities. A t what level of output does marginal cost equal marginal revenue? Answer 1. 2. 3. 4. If marginal benefits slide by marginal costs, it is remunerative to Answer increase Q. decrease Q. stay at that level of Q. all of the statements associated with this capitulum are correct The change in total output attributable to the last unit of an input is the Answer Total product. reasonable product. Marginal product. Marginal return. The combinations of inputs that produce a given level of output are depicted by Answer Indifference curves. Budget lines. Isocost curves. Isoquants. ? Suppose the demand for good X is given by Qdx = 20 4Px + 2Py + M. The price of good X is $5, the price of good Y is $15, and income is $150. Given these prices and income, how very much of good X will be purchased?Answer 160. 180. 220. None of the statements associated with this question are correct. Which of the following pairs of goods are probably co mplements? Answer televisions and roller skates. arctic yogurt and ice cream. steak and chicken. hamburgers and ketchup. A change in income will not lead to Answer a movement along the demand curve. a leftward shift of the demand curve. a rightward shift of the demand curve. all of the statements associated with the question are correct. Suppose market demand and supply are given by Qd = 100 2P and QS = 5 + 3P.The equilibrium price is Answer $15. $19. $17. $20. The quantity consumed of a good is relatively unresponsive to changes in price whenever demand is Answer elastic. unitary. falling. inelastic. In the figure above, what is the point price elasticity of demand when price is $60? Answer -0. 50 -0. 75 -1. 00 -1. 60 -2. 00 solicit is perfectly elastic when the absolute value of the own price elasticity of demand is Answer zero. one. infinite. unknown. Which of the following provides a measure of the over all fit of a regression?Answer t-statistic. F-statistic and R-Square. p-value. the t-statistic and the p-value. When marginal revenue is positive, demand is Answer Selected Answer elastic. The short run response of quantity demanded to a change in price is usually Answer Selected Answer Less than the long run response. Suppose demand is given by Q xd = 50 4Px + 6Py + Ax, where Px = $4, Py = $2, and Ax = $50. What is the quantity demanded of good x? Answer Selected Answer 96. A price elasticity of zero corresponds to a demand curve that is Answer Selected Answer VerticalEconomics Answer Selected Answer exists because of the scarcity. Good A is an inferior good, an increase in income leads to Answer Selected Answer a decrease in the demand for good A. A price ceiling is Answer Selected Answer the maximum legal price that can be charged in a market. A floor price is Answer Selected Answer the minimum legal price that can be charged in a market. Suppose the demand for X is given by Qxd = 100 2PX + 4PY + 10M + 2A, where PX represents the price of good X, PY is the price of good Y, M is income and A is the amount of advertising on good X.Based on this information, we know that good X is a Answer Selected Answer substitute for good Y and a normal good. The law of supply states that, holding all else constant, as the price of a good falls Answer Selected Answer quantity supplied falls. If the marginal product per dollar spent on capital is less than the marginal product per dollar spent on labor, then in order to minimize costs the firm should use Answer Selected Answer less labor and more capital. Which of the following costs could a firm that wants to remain in business avoid if it halted current production? Answer Selected AnswerVariable costs. The marginal rate of technical substitution Answer Selected Answer is the absolute value of the slope of the isoquant. Accounting profits are Answer Selected Answer total revenue minus total cost. Which of the following is an implicit cost to a firm that produces a good or service? Answer Selected Answer foregone profits of producing a different good or service. The elasticity that measures the responsiveness of consumer demand to changes in income is the Answer Selected Answer income elasticity. Demand tends to be Answer Selected Answer more inelastic in the short-term than in the long-term.What is/are the important things that must be developed when characterizing consumer behavior? Answer Selected Answer Consumer preferences and consumer opportunities. When quantity demanded exceeds quantity supplied Answer Selected Answer the price is below the equilibrium price. Graphically, an increase in the number of vegetarians will cause the demand curve for Tofu (a meat substitute) to Answer Selected Answer shift rightward. Which of the following can explain an increase in the demand for admit in retirement communities? Answer Selected Answer An increase in the state of the elderly.Demand shifters do not include Answer Selected Answer the price of the good. If the price of an input rises, producers are willing to produce Answer Selected Answer less output at each given price. If marginal costs exceed marginal benefits, then Answer Selected Answer the firm should decrease its production level. The optimal amount of studying is determined by comparing Answer Selected Answer marginal benefit and the marginal cost of studying. Each hebdomad Bill buys exactly 7 bottles of cola regardless of its price. Bills own price elasticity of demand for cola in absolute value is AnswerSelected Answer less than one. The long-run is defined as Answer Selected Answer the apparent horizon in which the manager can change all factors of production. Economies of scale exist whenever long-run average costs Answer Selected Answer decrease as output is increased. Constant returns to scale exist when long-run average costs Answer Selected Answer remain constant as output is increased. Consum ers adjust their purchasing behavior so that Answer Selected Answer the ratio of prices they earnings equals their marginal rate of substitution. The demand curve for a good is naiant when it is Answer Selected Answer perfectly elastic good. The cross price elasticity of demand between goods X and Y is -3. 5. If the price of X decreases by 7%, the quantity demanded of Y will Answer Selected Answer decrease by 24. 5%. If the absolute value of the own price elasticity of demand is greater than one, then demand is said to be Answer Selected Answer elastic. If consumers expect future prices to be higher Answer Selected Answer stockpiling will happen when products are durable in nature. The market supply curve indicates the total quantity all producers in a competitive market would produce at each price, AnswerSelected Answer allowing input price to vary. Technological advances will cause the supply curve to Answer Selected Answer shift to the right. The demand curve for a good is swi mming when it is Answer Selected Answer a perfectly elastic good. The market supply curve indicates the total quantity all producers in a competitive market would produce at each price, Answer Selected Answer holding all supply shifters fixed. When government imposes a price floor above the market price, the result will be that Answer Selected Answer surpluses occur. If income increases, the budget lineAnswer Selected Answer shifts to the right. The value of marginal product of an input is the value of the Answer Selected Answer output produced by the last unit of an input. Which of the following conditions is trustworthy when a producer minimizes the cost of producing a given level of output? Answer Selected Answer The marginal product per dollar spent on all inputs is equal and the MRTS is equal to the ratio of the quantity of inputs. Since most consumers spend very little on salt, a small increase in the price of salt will Answer Selected Answer not abase quantity demanded by v ery much.The elasticity which shows the responsiveness of the demand for a good due to changes in the price of a related good is the Answer Selected Answer cross-price elasticity. Good X is a normal good if an increase in income leads to Answer Selected Answer an increase in the demand for good X. If A and B are complements, an increase in the price of good A would Answer Selected Answer lead to a decrease in demand for B. For a wood furniture manufacturer, an increase in the cost of lumber will cause the supply curve toAnswer Selected Answer shift to the left.Which of the following conditions is true when a producer minimizes the cost of producing a given level of output? Answer Selected Answer The marginal product per dollar spent on all inputs is equal. The long-run is defined as Answer Selected Answer the horizon in which the manager can adjust all factors of production. What is the horizontal intercept of the budget line, given that M = $1,000, PX = $50, and PY = $40? Answer Se lected Answer 20. 0. Given that income is $750 and PX = $32 and PY = $8, what is the market rate of substitution between goods X and Y? Answer Selected Answer 4