Monday, April 27, 2020

How to Find Research Paper Topic For Your Graduate Students

How to Find Research Paper Topic For Your Graduate StudentsBefore starting any research, you have to know the type of information that you are going to need for your paper. You need to decide the type of information that you are going to collect for your research paper.There are many topics you can choose from. You can choose from the topics that relate to your subject or the topic that is related to your degree. In addition, you may want to choose a topic that you would like to give your students if they decide to major in the subject that you have chosen.When choosing a possible research paper topic, you need to gather information that you think will help you in your research. Gathering the information may be done by reading newspaper articles, reading magazines, and gathering information from books that can provide information. In addition, you can even gather information from the internet. However, one thing that you need to make sure of is that your data is well organized.Organi zing your data is important as you do not want to leave out any data. If you leave out the data, you may miss out on something that you are looking for. Moreover, you may come across some information that can be helpful in your research if you have organized your data well.You also need to think about the study that you are going to use in order to carry out your research paper topic. In addition, you need to think about how you will use the information. You may need to compile information that is written in a report for your grade.If you are using your report for your grades, you may need to use the information in your report. You may need to use this information to pass your assignment.When you are selecting your research paper topic, you need to think about the needs that you have. However, you also need to consider the needs of your students. In addition, you need to think about how you will use the information that you gather for your study.

Writing Tips For Students

Writing Tips For StudentsStudents who are trying to figure out how to write an essay should look for some essay examples and some guidelines. These essays help you formulate your own thoughts and ideas, as well as help you to think about the material that you have already written. As a teacher, this is an important part of the writing process, and you should always be aware of these tips.As you're reading, there are going to be a lot of topics that you might not be familiar with or could even make things very difficult for you. If you find yourself having trouble with any one topic, consider searching for another essay example or writing about it for the first time. This is a great way to find out exactly what kind of writer you are and what areas that you need to improve on.Although you are writing about your personal experiences, it's also very important to remember that you want to provide in-depth information that will benefit others. The more in-depth you can get, the better. Th is is why these essay examples are so helpful. You can use them to give you ideas and brainstorming to help you come up with a more well-rounded and interesting idea.Writing about people is one of the easiest ways to make it through the writing process. That's because they are your own friends and you know them pretty well. If you are unsure how to write about somebody else, this is an ideal place to start.This is a very good way to understand why a college professor is so important, because they are making the grade. Many college professors are so busy teaching and running their own personal lives that they don't have time to sit down and think about essays, so if you do find yourself struggling with this part of the process, consider using the Columbia College essay examples as a guide.Any idea that you have for a college essay will not only be helpful to you, but it can help other students who have used the same idea. If you do want to come up with an idea that is unique, try rea ding some of the Columbia College essay examples.There are many good reasons to read over the Columbia College essay examples and see how you can create your own essay. This is a great way to gain insight into how to write an essay and how to structure it in a way that best serves you. There are many areas of writing that need your attention, and the Columbia College essay examples will help you get this right.

Writing a Personal Character Essay Sample

Writing a Personal Character Essay SampleThere are many reasons why you may be writing a personal character essay sample. Maybe you're just having some fun writing a test for college admissions, or you're attempting to highlight the good points and bad points of any person you've ever met in the past.Maybe you're putting your dissertation paper on your employer's desk and you're feeling like describing your real life situations. Whatever the reason, these personal character essay samples should help you get started.Basically, all you do is write a simple paragraph with a title. Keep it concise and make sure that your paragraphs are to the point. This will help you not only come across as an intelligent person but also as someone who knows what they're talking about.A simple sentence that describes one's character will go over better than one that's a series of thoughts. A good essay will be composed of a couple of short paragraphs, where you have to describe your personal experiences . This should include the time you have spent in that person's company, or some aspects of your working relationship with them.There are a lot of sites that will allow you to write a character essay sample and you should start there. You can use various questionnaires to get your ideas down. You could also ask other people if they can help you.For example, one person might say something like, 'I have no idea who you are, but I know the important things about you, such as the fact that you are friendly, sociable, and confident. I think you're great! If you ever needed any help with anything at work, I am there for you.In short, you will get some idea of the people you've worked with, the kind of experience you've had, and the special skills that you bring to the job. These are the kinds of personal character essay samples that you will want to put in your resume.

Tuesday, April 21, 2020

The Potential Causes of the Financial Crises in South East Asia

The collapse of the financial systems of Thailand, Philippines, Indonesia, and Malaysia has its roots in the fundamental and structural foundation of the international capitalist system which unavoidably will contribute to its crushing, under its own weight (Rahman, 1997).Advertising We will write a custom essay sample on The Potential Causes of the Financial Crises in South East Asia specifically for you for only $16.05 $11/page Learn More â€Å"The financial crisis was transformed into a full-blown recession or depression, with forecasts of GNP growth and unemployment becoming more gloomy for affected countries† (Khor, n.d.). â€Å"The threat of depreciation spread from a few countries to many in the region, and also to other areas such as Russia, South Africa, and possibly Eastern Europe and South America† (Khor, n.d.). The Potential Causes of the Financial Crises As far as the causes of the financial crises in these countries concerned there is no single opinion. They vary from economy to economy. The Asian Tiger economies were growing and were open to foreign investments, goods and services, capital flows and relying heavily on dollar markets (Nanto, 1998). â€Å"There has been a great debate over the causes of this depreciation as weather the domestic policies and practices or the inherent and unstable nature of the global financial system were responsible for it† (Garay, 2003). In the first phase of the crisis , the international establishment (represented by the IMF) and the G7 countries placed the blame directly on domestic ills in the East Asian countries as it spread from Thailand to Malaysia, Indonesia, the Philippines, then to South Korea (Garay, 2003). Source: Garay, 2003. The Asian Financial Crisis of 1997-1998 and the Behavior of Asian Stock Markets Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More But s oon another view emerged which put the blame on the developments of the global financial system: the combination of financial deregulation and liberalization across the world; the increasing interconnection of markets and speed of transactions through computer technology and the development of large institutional financial players† (Garay, 2003). â€Å"A developing country opens itself to the possibility of tremendous shocks and instability associated with inflows and outflows of funds when it carries out financial liberalization before its institutions or knowledge base is prepared to deal with the consequences† (Garay, 2003). â€Å"A total of US$184 billion entered developing Asian countries as net private capital flows in 1994-96, according to the Bank of International Settlements† (Garay, 2003). â€Å"In 1996, US$94 billion entered and in the first half of 1997 $70 billion poured in† (Garay, 2003). â€Å"With the beginning of the crisis, $102 billion went out in the second half of 1997† (Garay, 2003). â€Å"From the above mentioned figure it is evident that the flows (in and out) can be so huge; the shifts can be so unpredictable and sudden when inflow turns to outflow and the huge capital flows can be subjected to the tremendous effect of â€Å"herd instinct,† in which a market opinion or operational leader starts to pull out, and followed by a panic withdrawal by large institutional investors and players† (Garay, 2003). Source: Garay, 2003. The Asian Financial Crisis of 1997-1998 and the Behavior of Asian Stock Market To maintain foreign investors’ confidence transparency on the business and government level is highly required. In the absence of transparency on such key economic variables as foreign reserves and policy directions, herd instinct prevails, which can make the situation uncontrollable (Kihwan, 2006).Advertising We will write a custom essay sample on The Potential Causes of the Fina ncial Crises in South East Asia specifically for you for only $16.05 $11/page Learn More â€Å"In the case of East Asia, although some of the currencies were over-valued, there was an over- reaction of the market, and consequently an ‘over-shooting’ downwards of these currencies† (Garay, 2003). â€Å"It was a case of self-fulfilling prophecy. The financial speculators, led by some hedge funds, were also responsible for the original ‘trigger action’ in Thailand. The Thai government used up over US$20 billion of foreign reserves to fight off speculative attacks† (Garay, 2003). â€Å"Speculators borrowed and sold Thai baht, receiving US dollars in exchange† (Garay, 2003). â€Å"With the falling of the baht, much less dollars were needed to repay the baht loans which made large profits for them† (Garay, 2003). â€Å"According to a report in Business Week in August 1997, speculative attacks on Southeast Asian currencies in July 1997 contributed to big profits for the hedge funds. According to Business Week, in July (the month when the Thai baht went into crisis and when other currencies began to come under attack) As a whole, the hedge funds made only 10.3 percent net profits (after fees) on average for the period January to June 1997whereas their average profit rate jumped to 19.1 percent for January-July 1997. Therefore, the addition of a single month (July) made the profit rate so far this year to almost double† (Khor, n.d.). â€Å"In some countries, the depreciation in the currencies was due to the outflow of capital by foreigners as well as local people who feared further depreciation, who were concerned about the safety of financial institutions† (Khor, n.d.). The East Asian financial crises are considered to be the result of over-investment on the part of the bankers and businessmen within the region as well as by the international bankers and businessmen. The market participants argue that â€Å"there was too much money chasing too small an investment outlet† (Rude, 1998). Surplus money was flowing into Korea and Southeast Asia to be profitably placed. The potential causes of the Southeast Asian financial crises can be distinguished between long-term secular developments, the medium-term economic conjuncture, and any immediate (efficient) cause (Rude, 1998).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The market participants advocate that a decline in the profitability and a rise in the riskiness of the underlying investment projects, a deterioration of local balance sheets, and a rise in the magnitude of the foreign exposures were the relevant long-term developments and that these trends created a financial structure that made a financial crisis in East Asia both possible and unavoidable. Changes in the economic conjuncture in 1996 and early 1997 pushed what was both possible and inevitable toward becoming a reality. The exchange rate attacks that began mid-1997 were the immediate trigger. From this perspective, deterioration of the underlying economic fundamentals and financial panic caused the crisis (Rude, 1998). The low-wage, export-oriented, foreign-financed growth strategy that the countries in Southeast Asia and the Republic of Korea were following ahead of the crisis became the victim of its own success. The underlying investment projects that both local and foreign capi tal were financing in the region were profitable and productive at one time. But because of the additional productive capacity created in one country after another in the same or similar industries, problems like rise in wages, decline in profit margins in the export industries, and the flow of funds toward the non-traded goods sector and into more speculative activities in the local real estate and equity markets were mushrooming (Rude, 1998). On the other hand, the relevant cash flows were becoming increasingly problematic, leading to a gradual deterioration in the balance sheets of local financial and non-financial institutions: increase in the liabilities to foreign and local creditors, decrease in the asset quality, rise in the leverage ratios. The gap- and duration-related interest rate exposures were escalating due to an increase in the maturity mismatch of assets and liabilities. Meanwhile, foreign capital continued to flow into South East Asia and the Republic of Korea from Europe, the United States, and Japan. An accommodating monetary stance and low inflation, contributed to low interest rates in the major industrial countries. The rise in the equity prices in the United States and Europe appealed investors to find sizeable exposures in highly valued, if not over-valued, securities in companies in the industrialized nations whose earnings potential may have fallen below those available in the Pacific Basin emerging markets. Compelled by a competitive search for higher yields to take on the Republic of Korea’s and Southeast Asia’s greater credit and country risks, international creditors increased their exposures to local banks and corporations, both directly through loans and indirectly through local and international bond markets. Japanese lenders were particularly eager to extend credits to the region, due to the poor investment prospects at home, especially to the foreign branches and subsidiaries of Japanese corporations. Equity in vestors in the United States and Europe were also driven to increase their exposure to the region’s greater market risks, both for diversification purposes and to search for even higher capital gains (Rude, 1998). Once profitable and productive these foreign investments, like the domestic ones, took on an increasingly speculative tone, their asset quality declined, the associated leverage ratios and interest rate risks increased, and the maturities were shortened. The aggregate market exposures became increasingly complex and obscure as well (Rude, 1998). It can be illustrated evidently by the two notorious off-balance sheet/derivative strategies used in East Asia. Special purpose vehicles (SPV) were set up to direct fund into the region and particularly into the Republic of Korea by the U.S. banks. In these arrangements, some of the stock was transferred by the banks to the SPVs which in turn issued short-term paper in the international markets using that stock as security a nd used it to make investments that were considered advisable by the banks. In reality, the banks had assumed a foreign exposure, but it never showed up on their balance sheets (Rude, 1998). â€Å"Total Return Swap† (or TRS) was another strategy in the same direction. These were a series of triangular transactions between international investment banks, Korean banks, and Indonesian companies. Double swaps were set up between the Indonesian companies and the investment banks, on the one hand, and between these banks and the Korean banks, on the other. Under these arrangements, the Indonesians, who did not have the Korean’s high credit ratings, were able to borrow, and the Korean and investment bankers made a high rate of return. The setback was that the Korean banks had to compensate the investment banks for any losses if the Indonesian companies went bankrupt, which ultimately happened (Rude, 1998). Three major changes in the economic conjuncture took place in 1996 and early 1997. First, due to developments in the general international economic environment and other factors, export growth rates, and hence, domestic growth rates in the region began to slip. Second, Official interest rate increases in the United States (March, 1997) and Germany (October, 1997) proposed that lending in the less risky Western industrial countries would become more profitable. Third, the economic and financial situation in Japan worsened. Japanese bankers and institutional investors began to consolidate their exposures not only at home, but in the Republic of Korea and Southeast Asia as well as Japan’s banking problems began to intensify (Rude, 1998). Local and foreign investors in the East Asian emerging markets were now reluctant to extend further credits and other moneys and soon began searching for ways to actually lessen their exposures (Rude, 1998). So, the extent and depth of the crisis should not be attributed to deterioration in fundamentals, but rathe r to panic on the part of domestic and international investors (Zhuang Dowling, 2002). In doing so, local and foreign market participants found that they now had a foreign exchange exposure that had in fact not existed before. Now, suddenly that the outlook had changed and a rush for the exit had ensued, the pressure on the local currencies was only downward. While it is simplistic to say that the fixed exchange rate regimes were to blame for the crisis, investors’ foreign exchange exposures had become the weakest link in the entire investment chain, and successive runs on the local currencies would be the mechanisms that would finally bring the whole, already precarious, financial structure down ((Rude, 1998).) The financial crisis in East Asia is a historic event. It has shocked the world economy profoundly. The crisis may have brought the process of globalization and internationalization to an end, which has been the characteristic of international economic developments s ince the early 1980s. It is necessary to limit the shriveling effects of the crises immediately. Then there is an urgent need to tackle the question of globalization and liberalization: if there is a need for a new architecture for the world economy, and if so, what shape it should take (Rude, 1998). â€Å"The crisis brought about macro-level effects, counting sharp reductions in values of currencies, stock markets, and other asset prices of several Asian countries† (Hwang, 2009). â€Å"Many businesses collapsed, and as a consequence, millions of people fell below the poverty line in 1997-1998.The most affected countries by the crisis were Indonesia, South Korea and Thailand† (Hwang, 2009). Argentina Crisis The Argentina crisis of 2001-2002 is the example of the social, economic and political turmoil. During the time of 1990’s Argentina had a very successful economy due to lower inflation rates, Argentina became the favorite point for international financial len ding that was strictly following the IMF regulations (Argentina Economic Crisis of 2001, n.d.). The export of beef and grain made Argentina’s economy very stronger (Tonelson, 2002). But, suddenly, in 2001 the Argentine economy suffered a terrible loss. The government was not in a position to pay foreign debts and a bid amount of dollars in government spending were cut short (Argentina Economic Crisis of 2001, n.d.). A news published in BBC says, â€Å"Many in Argentina blame the IMF for their country’s economic collapse in 2001 and 2002† (Argentine Financial Crisis, n.d.). The Argentina Crisis was Currency and Bank crisis. It was also due to wrong response to globalization (Ferrer, 2001). Feldstein (2002), â€Å"for example, argues that the crisis was due to exchange rate overvaluation that could not be easily corrected and to an excessive amount of foreign debt† (Torre et al, 2002, p.1). Source: Blejer, M I, Director, Centre for Central Banking Studies, Bank of England, Seminar on Crisis Prevention in Emerging Markets Singapore, July 11, 2006 Source: Blejer, M I, Director, Centre for Central Banking Studies, Bank of England, Seminar on Crisis Prevention in Emerging Markets Singapore, July 11, 2006 Source: Blejer, M I, Director, Centre for Central Banking Studies, Bank of England, Seminar on Crisis Prevention in Emerging Markets Singapore, July 11, 2006 Source: Blejer, M I, Director, Centre for Central Banking Studies, Bank of England, Seminar on Crisis Prevention in Emerging Markets Singapore, July 11, 2006 Source: Blejer, M I, Director, Centre for Central Banking Studies, Bank of England, Seminar on Crisis Prevention in Emerging Markets Singapore, July 11, 2006 Source: Blejer, M I, Director, Centre for Central Banking Studies, Bank of England, Seminar on Crisis Prevention in Emerging Markets Singapore, July 11, 2006 Actually, if we review the history of Argentina economy, we will find that in 1913 the actual GDP per person i n Argentina was almost 72 percent which was same as the US had and it was higher than the countries like Germany, France and Sweden. In 1950 though GDP became 52 percent but it maintained the same level same like US and higher than Germany but a drastic slack came in 1990s when its GDP came down by 28 percent and Argentina became far behind other Western European countries. It did not happen that Argentina became a poor country but its economy’s growth stopped for a while and gave unsatisfactory results (Saxton, 2003). Then the efforts came from the President Memen and he tried to adopt a free market approach. It helped in lessening the burden of the government by doing privatization, cutting tax rates and doing some reformations in the state. President Memen took quick actions to imply the reformations despite of much opposition. He did not adopt any slower or normal process for passing laws through Argentina Congress (Saxton, 2003). Now the actual crisis in Argentinaâ€℠¢s economy started during the period of recession and when Fernando De la Rua became the president in 1999. At the time of his presidency he committed to finish the recession and to remove corruption (Saxton, 2003). President De la Rua got the approval of increasing three higher taxes which had to be effective from April, 2000 to August 2001. â€Å"The increases came on top of already high tax rates. The highest rate of personal income tax, 35 percent, was near the level of the United States, but the combined rate of federal payroll tax paid by employer and employee was 32.9 percent, versus 15.3 percent in the United States; the standard rate of value-added tax was 21 percent, versus state sales taxes of 0 to 11 percent in the United States; and Argentina imposed taxes on exports and (from April 2001) on financial transactions, taxes that do not exist the United States. Argentina’s high tax rates encourage tax evasion: an estimated 23 percent of the economy is underground an d 30 to 50 percent of all transactions evade taxes† (Saxton, 2003, p.10). The economy started falling down in 2000 and it became slower than 1999. Richard Lopez Murphy, the new Minister of economy at that time promised to fortify the economy of Argentina by reducing spending of about 4.5 billion pesos with-in two years that was actually 1 percent of GDP per year that aroused the anger of public as these cuts were profounder than any other Argentinian government and this caused Lopez’s resignation with-in two weeks from his post joining (Saxton, 2003). Turmoil occurred in December 2001 when bank deposits were freeze due to a large number of withdrawals on November 30th. The people became depressed as they were not able to make payments. Credit got disappeared so people started showing their anger by doing demonstration in streets. In December, the IMF declared that it would not any loans to Argentina as the country was not the state of following loan agreements. Because of this Argentina was not able to get any loan from any foreign source. Again there were lots of protests in the country which forced De la Rua to resign from his post (Saxton, 2003). President Duhalde took the place of De la Rua as a president and he tried to adopt new economic policies. He tried to reserve the policy like convertibility system. This convertibility system was criticized for many years. â€Å"The dominant view among economic observers inside and outside Argentina was that the peso’s one-to-one exchange rate with the dollar had made the peso overvalued, making Argentine exports uncompetitive and preventing an export-led economic recovery† (Saxton, 2003, p.13). The government took some actions after following the regulations of Law of Public Emergency and Reform of the Exchange Rate Regime (January 6, 2002). The measures taken by the government are as follow (Saxton, 2003): It ended the convertibility system It devalued the peso from the rate 1 per doll ar to 1.40 per dollar It converted dollar bank deposits and loans into pesos It seized the dollar reserves of banks It imposed exchange controls It made penalty double for the employers who made employees without a job It introduced lots of new taxes and focused on frequently revising them The new policy resulted in some loss like Argentina’s economy became less from 5.5 percent to 10.9 percent in between 2001-2002.the number of bankruptcies became larger. Duhadle’s economic policies created big losses for the foreign banks and utility companies (Saxton, 2003). Some economic recovery was observed in the period of August 2002. Though it initially was not that strong as it should have been but later it caught strength. The exchange rate became less up to 4 pesos per dollar during 2002 and later in 2003 it became less than that by making it 2.90 pesos (Saxton, 2003). So Argentina’s crisis was not the failure of free markets rather it was the crisis came from the m istakes of the federal government in implying their economic policies. â€Å"Long-term growth will require reversing the policy direction of the last several years and allowing greater economic freedom, anchored in respect for property rights† (Saxton, 2003,p.49) Reference List â€Å"Argentina Economic Crisis of 2001.† n.d. UC Atlas of Global Inequality. [Online] Available from: http://ucatlas.ucsc.edu/sap/Argentina_crisis.php . â€Å"Argentine Financial Crisis.† n.d [Online] Available from: http://www.providence.edu/polisci/students/economic_crisis/arg_fin_crisis_ft.htm#financial_crisis . Blejer, M. I. 2006. â€Å"Some Lessons From the Recent Financial Crisis in Argentina (2001/2).† Seminar on Crisis Prevention in Emerging Markets Singapore. [Online] Available from: http://www.imf.org/external/np/seminars/eng/2006/cpem/pdf/blejer.pdf Ferrer, A. 2001. â€Å"The Argentine Financial Crisis. World Press Review Online.† [Online] Available from: http:/ /www.worldpress.org/americas/1218argentina.htm Garay,U. 2003. â€Å"The Asian Financial Crisis of 1997 – 1998 and the Behavior of Asian Stock Markets† [Online] Available from: http://www.westga.edu/~bquest/2003/asian.htm Hwang, J. 2009. â€Å"Background: 1997 East Asian Financial Crisis. Life.† [Online] Available from: http://special.lifeofguangzhou.com/2007/node_657/node_661/2007/04/10/117619129417702.shtml Kihwan, K. 2006. â€Å"The 1997-98 Korean Financial Crisis: Causes, Policy Response and Lessons.† The High Level Seminar on Crisis Prevention in Emerging Markets. Organised by The International Monetary Fund and The Government of Singapore [Online] Available from: http://www.imf.org/external/np/seminars/eng/2006/cpem/pdf/kihwan.pdf Khor, M. n.d. â€Å"The Economic Crisis in East Asia: Causes, Effects, Lessons.† [Online] Available from: http://www.ifg.org/khor.html Nanto,D.K. 1998. The 1997-98 Asian Financial Crisis. CRS Report. [Online] Av ailable from: http://www.fas.org/man/crs/crs-asia2.htm Rahman, A. 1997. â€Å"The Southeast Asian Financial Crisis and Distributive Justice in the Global System: Dare we cteate a new frame of mind?† Southeast Asian Financial Crisis of 1997: Retrospective essay. Columbia University, New York, December 1997. [Online] Available from: http://azlyrahman-illuminations.blogspot.com/2008/06/southeast-asian-financial-crisis-of.html Rude, C. 1998. â€Å"The 1997-98 East Asian Financial Crisis: A New York Market- Informed View.† Department of Economic and Social Affairs. in conjunction with the Regional Commission of the United Nations. [Online] Available from: http://www.un.org/esa/policy/pastmeetings/rude.pdf Saxton, J. 2003. â€Å"Argentina’s Economic Crisis: Causes and Cures.† Joint Economic  Committee United States Congress. [Online] Available from: http://www.hacer.org/pdf/Schuler.pdf Tonelson, A. 2002. â€Å"The Real Roots of the Argentine Financial Cr isis. American Economic Alert.† [Online] Available from: http://www.americaneconomicalert.org/view_art.asp?Prod_ID=47 Torre, A. et al. 2002. â€Å"Argentina’s Financial Crisis: Floating Money, Sinking Banking† [Online] Available from: http://www.econ.umn.edu/~tkehoe/classes/Schmukler.pdf Zhuang, J. Dowling, J.M. 2002. â€Å"Causes of the 1997 Asian Financial Crisis: What Can An Early Warning System Model Tell Us?† ERD Working Paper No. 26. Economic Research Department. [Online] Available from: http://www.adb.org/Documents/ERD/Working_Papers/wp026.pdf This essay on The Potential Causes of the Financial Crises in South East Asia was written and submitted by user Allen Barron to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Monday, March 16, 2020

Customer and Extended Marketing Mix Essay Example

Customer and Extended Marketing Mix Essay Example Customer and Extended Marketing Mix Essay Customer and Extended Marketing Mix Essay Essay Topic: Extended Process is another component of the extended marketing mix. It is basically associated with the customer service; how does the business, in this case the restaurant, deal with the customer from the first point to the last one. Marketing nowadays has become much more complicated and having a product and a place without having a successful process will not help in developing a relationship with the customer. Therefore the interaction with the customers is crucial, since a decision made by customers always decides their choice in the next time. It requires a proper encounter, good communication, the right action and a suitable resolution. Furthermore, the aim of the restaurant is to build a long-term relationship with its customer and to support them on a continuing basis. Process mainly covers some steps such as procedures, controls, accessibility, information flows, payments, bookings and speed and timing of delivery. Procedures, from the entrance in the restaurant, have to be followed effectively in order to achieve customer satisfaction. In Nandos, there is a welcoming host who accommodates customers on to a table and provides the menus. The second step is for the customer to go to the counter, make the order by giving the table number and paying the amount required. After this, the customer is supposed to collect the cutlery and any sauces or dressings. After the order is brought to the table and the food is consumed, the customer can order additional items such as deserts, without having to go to the counter again. This is the stage where self-service and the traditional one are blended. In terms of controls and accessibility, Nandos provides its customers with a website and a telephone system which supports the customers effectively, moreover if any complaints or complements, they can be send to their site. Bookings can be made through the phone if a big table is required or at busy times, in our case, weekend at lunch times. A distinctive fact from most of other restaurants is that the food takes very little time to be served since the chicken is half cooked, stored in some special ovens they use to keep it warm and placed straightforwardly on the grill. Evidently, the busier the place the longer the food will take, however not more than 25 minutes. The main focus on the restaurant is what and how to benefit a customer, which has a direct effect on the customers’ evaluation of enjoying and determining whether they will come back or not. Consequently, if the process sector is carried out effectively, the customer will patronize again. (don’t do delivery but take away†¦relevant in the process part )

Friday, February 28, 2020

Communication and Global Capital Accumulation Essay

Communication and Global Capital Accumulation - Essay Example The globalisation of markets and the requirements of capital are, to a large extent, at the heart of these changes. Globalisation, entailing the removal of barriers to the cross-border flow of capital, has expanded the parameters of markets while simultaneously shrinking them. As Freund and Weinhold (2004) explain, globalisation has made international business, with the associate global capital exchange and generation, the norm rather than the exception. Business firms are no longer limited to their home markets but have expanded far beyond their borders as a direct consequence of globalisation. Indeed, the home market has become the global market, with the implication being that globalisation has expanded the former and contracted the latter (Freund and Weinhold, 2004). In other words, capital movements effectively obliterated national boundaries and have brought the world into closer contact with one another. The internationalisation of capital and the proliferation of international business relationships has largely been enabled by the Internet, both as a medium of communication and a space for the generation and exchange of capital. The Internet has not simply facilitated communication but in so doing, it has annihilated the space and time barriers. Space and time, the historical obstacles to the efficient exchange of information between corporations and markets have, according to Choi (2003) been transgressed by the Internet. Its wide application has afforded international business the tools it needs to engage in the global management of its markets and to supervise the international movement of its capital. Available facts indicate that the Internet has afforded companies such as General Motors the opportunity to create a network of suppliers which spans across 100 countries and to do business in most of the world just as it does in its home market. Further to that, the emergence and proliferation of the Internet as a media for the control, management and generation of capital has contributed to the multiplication of global foreign direct investment figures (Cohen and Prusack, 2005). Within the context of the stated, it is evident that the Internet has not only facilitated international business but it has contributed to the global flow of capital and its increased accumulation, largely because of its inherent capacity to transgress space and time. The requirements of global capital are not limited to the increased utilisation of the Internet as a business medium but to the redefinition of the very concept of communication. The traditional communication structure, while not obsolete, is increasingly irrelevant. Deetz (2004) explains that communication is no longer limited to the interpersonal and the real world. With the invention of the television and its subsequent entry into practically every home across the world, media communication and cultural scholars maintained that it was the herald of a new communications and cultural age. This medium, which has inarguably redefined communications and culture, pales in comparison to the Internet. TV transforms individuals into passive recipients of culture and communication while the Internet draws them in as active communication participants and

Wednesday, February 12, 2020

Final Term Paper Example | Topics and Well Written Essays - 1000 words - 1

Final - Term Paper Example However, majority people assume that a single male who is the main source of income, earn more than enough to support himself and his family. There was not at all a mutual agreement on in what ways a living wage can be define, however, there were number of administrative bodies and governments who take initiative in taking up the mission of developing multifaceted formulas (David, pp. 6-11) In modern times, this phrase living wage has reoccurred in United States of America. In the period of early 90s, focus was given more on jobs with low wage. Protesters in Baltimore, Maryland suppress their government to look for a policy tool so that their problems can have proper solution. The city then passed an ordinance known as living wage ordinance according to which any firm which hires workers must pay their employees or workers a good living wage. The idea was spread quickly in every part of the country. Today, after approximately seventeen years later, in 140 cities, multiple countries a nd countless universities this living wage ordinance is implemented. ... After some calculations, it is anticipated that more or less one-fifth of the entire population of the world are suffering from lack of adequate shelter, on the other hand, approximately a million or more people, mostly children, die every day due to lack of proper housing majority of which are targeted in developing world. There were many scholars who argue that it is quite complicated to make standardized criteria for sufficient housing in this entire world but there are some general norms which are: authorized security of residence, availability of infrastructure and services, accessibility, habitability, affordability, cultural and location adequacy. The rapid expansion and development in many cities go along with speedy increase in the total number of urban residents who reside in overcrowded and sub-standard conditions. The statistics of developing countries illustrate that town inhabitants represent approximately an average of twenty five to sixty percent of the population in urban areas. The current situation shows that the estimated percentage of urban population who lives in intense poverty is more than fifty percent; however, this may rise to almost seventy nine percent in most of the cities. More than one billion of urban dwellers are included in urban poor, whereas low income groups consist of approximately half of the existing urban population (Moser & Satterthwaite, 1985). Over the past three eras, there were many programs of official housing started in developing countries were unsuccessful in order to reach significant segments of the group, particularly households which are below twenty to thirty percent of the entire population. The