Monday, April 13, 2020
College Essay Scholarship - Tips To Find One
College Essay Scholarship - Tips To Find OneWhen you are looking for a sample for essay scholarship, you might think you are better off finding some other grant source. While there is merit to this, you would be surprised at the lengths to which people will go to in order to get money. After all, you do not have to be rich to qualify for these types of scholarships.The first thing that you want to do when you are searching for a college essay scholarship is to talk to the person who has accepted your application. Make sure you ask if they really had to select you based on your scholarship application. Sometimes the college's equity officer selects students based on their essay. In either case, it's important to find out why they did this so that you can ask the same question.Often, the scholarship committee will start by asking a student how well their essays speak to the needs of the school. This is one of the things that they will look at to determine if they are deserving of a sch olarship.The second thing that you will want to ask the college essay committee is whether or not your essay made them decide to select you over another student. The reason that this is important is because if they selected you over someone else because of their essay, then you stand to make a good case to them for getting more money. If they were thinking about your other credentials, chances are they were going to pick you.Remember that even though they don't select a student based on their essay, they still have to read and critique it. They may have found a lot of flaws and it may help them decide to do a re-write. Even if they decide that your essay is okay, you can still ask if they have any other research that they would recommend.You should also be prepared to ask if they do not use these essays to choose their students. You may think that they would go to the very best essay writer in town but the truth is that they use a computer program to choose a few points. There is no thing wrong with this because it is a method that works for them.The last thing that you want to do when you are searching for a scholarship is to give yourself a good chance of getting the scholarship. It is okay to write a lot of essays. If you do all the writing yourself, you can make a good case for yourself.In order to find a college essay scholarship, you need to research the grant company and find out what they are looking for. Make sure that you choose the ones that fit what you are trying to do. In many cases, this means that you need to be highly qualified and highly motivated.
Sunday, April 12, 2020
The Sullivans matrix report Essay Example
The Sullivans matrix report Essay Sullivans matrix introduces different ways to classify the IT/IS environment of an organisation. Within this matrix, there are four environments: Traditional, Opportunistic, Complex and Backbone. The idea of this report is to describe how the IS/IT environment of Inditex fits into Sullivans matrix. According to Ward Peppard (2002) organisations with a traditional IT/IS environment have a highly centralised control of their IT resources. IS is not critical to the business and IT is solely used to improve efficiency on a system-by-system basis. McAfee (2004) raises many points in his article to suggest that the IT/IS of Inditex fits into this Traditional environment. Inditex see IT as merely an enabler for their business. McAfee (2004) confirms this theory as he states that The role of IT, then, is to support the process (McAfee, 2004). Ward Peppard state that within a Traditional environment, IT is simply used to support business processes and to improve the efficiency of the organisation. Another point which supports the theory is that Inditex have an excellent IT and business alignment. business goals always shape the companys use of technology, never vice versa (McAfee, 2004). This portrays Inditex as being entirely business-led where organisational goals invariably define technological innovation. This ethos confirms their desire not to waste money on new systems which do not provide a business value or solution to a specific business problem. McAfee relates to this theory as an inside-out approach. To sum up the arguments, Inditex has one principle which fully shows that their IT/IS environment is Traditional: computerisation is standardised and targeted. You can see this on the low IT budget which is estimated 0. We will write a custom essay sample on The Sullivans matrix report specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Sullivans matrix report specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Sullivans matrix report specifically for you FOR ONLY $16.38 $13.9/page Hire Writer 5% of revenue and the IT staff of 50. Despite Inditexs focus on the Traditional environment, there are also subtle undertones of Sullivans other three IT/IS environments displayed within the organisation. For example, there are factors which show that elements of Inditexs IT/IS environment is Complex. They are dependent on their PDAs which can also be difficult to manage. In addition they are also largely decentralized, because each store manager has to manage his PDA. This is also the case with regards to their POS systems. Inditex is a company with branches around the world. This makes it difficult to manage each POS in every store. In some points, the IT/IS environment of Inditex also displays Opportunistic aspects. In the case of Inditex the attributes for a Complex and Opportunistic environment are very similar. However, one of the more important factors to consider is the teamwork and cooperation conducted within Inditex. Their success is mainly based on the decision making abilities of their staff. This strategy is ensured as technologists work with line managers to understand what the business requires and then start proposing solutions which shows that the workforce is closely integrated and dependent more upon teamwork and decision making than IT capabilities. This type of culture is defined by Ward Peppard (2002) as being an Opportunistic trait as they state that integration of systems occurs due to user-user cooperation occurs within this type of environment. We also examined whether Inditex had aspects of a Backbone IS/IT environment. This may be a factor as the business processes are highly customised, thus the stores may be dependent on PDAs for instance. However, we do not have enough information from the article to be sure whether traits of the Backbone environment exist within their structure. In the late 1990s when other organisations spent vast sums of money on new technologies, Inditex withheld a Traditional framework. Great success has ultimately been achieved while The relative absence of computers throughout Inditex is nothing short of amazing (McAfee, 2004). Inditex has minimized the use of technology to their business needs and therefore they perform efficiently. In our opinion it is not important to classify which IT/IS environment Inditex has. It is more important that the IT/IS environment matches the business environment and the business needs so that IT can become a value creator in the organisation. There are different types of information, which organisations have to handle. Examples of such information types include business process information (which documents any information about the processes of the organisation), information relating to physical-world observations (which relies on new technologies like GPS or RFID) and biological data containing biometrical information of their customers or employees. Government institutions also use public data like CCTV for public surveillance but the most important data types are those which indicates personal preferences or intentions which is often used by those within the retail market. Once these types of information have been collated, an organisational culture must be established to determine the way in which information should be stored, managed and shared within the organisation to adhere to the goals and objectives set out within the information strategy. Essential for the success of any information management strategy is the existence of an appropriate information culture. An information culture can be defined as the values, attitudes and behaviours that influence the way employees at all levels in the organization sense, collect, organize, process, communicate and use information. (Ward Peppard, 2002 p470) There are four types of information culture defined by Marchand (1995): Functional Culture Within this culture it is the managers prerogative regarding which information is made available to the staff. It also follows a hierarchical structure regarding information sharing. Sharing Culture In this culture there is flat structure which is utilised to encourage trust and openness in order to share information between management and staff members. This culture is based on emotions such as trust which can be either advantageous or detrimental to the operation of the organisation or department as these emotions can frequently change. Enquiring Culture This culture may be used as an effective prediction to provide guidance for future developments. It is based on a sharing culture where managers and staff collaborate while it enables the organisation to reduce the time-to-market of their products. Discovery Culture This culture adds to the enquiring culture and focuses on analysing the gathered information. This helps to provide the organisation with a view of changing environments, competitor performance, areas of possible expansion and potential market entry for the future etc. These cultures are mostly found as combinations in organisations. Organisations have different information assets and their staff members have different information needs. Therefore, in order to use these information assets appropriately you need a customised culture which is aligned to the information needs of the organisation. Tesco provide us with a good example of this cross-over in culture definition as information is generally produced at the managerial level and distributed amongst the workforce while it can also be shared amongst line managers and employees at all levels throughout the organisation. An enquiring culture is also used to develop certain areas of the business to enable future profitability while a discovery culture is in place for Tescos attempted entry into markets such as insurance, banking and Internet broadband. All of these points convey Tesco as a multi-culture organisation where different sectors of their business follow different cultures. As we have discussed, the behaviours and attitudes of a workforce can have a profound effect on the success of an organisations performance. For this reason, the information culture must match the requirements of employees in order to facilitate a successful information strategy. Trust and receptiveness are just two behavioural traits which must be monitored in order for employee acceptance. The importance of considering these factors is agreed by Ferguson et al. who state that sustainable competitive advantage will rely on two very human characteristics: insight and trust (Ferguson et al. , 2005 p58). From this point, we can conclude that the consideration of human aspects is vital for the strategic success of information and without an information culture, it can be very difficult to monitor and influence the behaviour and attitudes of the workforce. References Ferguson, G., Mathur, S., Shah, B. (2005). Evolving From Information to Insight. MIT Sloan Management Review, 46(2), 51-58. Marchand, D.A. (1995, 8 December). What is your companys information culture? Financial Times, pp. 10-11. Ward, J., Peppard, J. (2002). Strategic Planning for Information Systems. West Sussex, England: John Wiley Sons
Tuesday, March 10, 2020
Health Dissertation ideas - Applied Musculoskeletal Podiatry The WritePass Journal
Health Dissertation ideas - Applied Musculoskeletal Podiatry Introduction Pathology that causes metatarsalgia Health Dissertation ideas Applied Musculoskeletal Podiatry ). Patients often describe their feeling of ââ¬Å"lumpâ⬠on the footââ¬â¢s bottom. Significantly, these symptoms may rise when the infected carries out a weight-bearing activity. Reports indicate that closed-toed shoes, particularly the tight-fitting ones can lead to increase in symptoms, and patients report relief after they remove or change their shoes (Summers, 2010). Relief may also be experienced when the patient massages their foot or moves the toes around. Aetiology of this condition and how it would be recognised clinically Research has established that Mortonââ¬â¢s neuroma is unique in terms of clinical diagnostic requirements or needs (Drury, 2011). This is because although patients frequently report symptoms such as numbness, there is evidence that sensory deficit may or may not be found when the patient goes through examination. Drury (2011) observes that there may be a demonstration of splaying or divergence of the digits when clinical presentation is carried out, and that more often than not little or no edema or inflammation can be observed clinically. Typically, reproducing pain with palpation to the intermetatarsal space is a normal activity, but care must be taken to put the pressure in the space, and avoid the metatarsal heads. There have been various clinical strategies to assist clinicians effectively diagnose Mortonââ¬â¢s neuroma. Schreiber et al (2011); Faraj and Hosur (2010) report that patients may demonstrate a Mulderââ¬â¢s sign, which is provoked by squeezing the forefoot and conducting application of plantar and dorsal pressure. In other words, clinical test for Mortonââ¬â¢s neuroma has all along been to à compress the foot by applying pressure to the medical and lateral aspects of the foot at the metatarsophangeal joints, which in turn puts pressure on nerves (Pastides, El-Sallakh and Charalambides, 2010: 503). A positive clinical test outcome involves a pop or click that can be felt and heard at the same time. This pop or click is usually painful to the patient. There is a possibility of replicating symptoms of Mortonââ¬â¢s neuroma in a process involving Gauthierââ¬â¢ test, where the forefoot is squeezed and medial to lateral pressure is applied (Beltran et al., 2010). Mayo Clinic (2010) has subsequently described a test consisting of hyperextending the toes and rolling the thumb of the examiner in the area of symptoms, a process that may identify a tender, thickened, and longitudinal mass of flesh. Clinical findings also indicate that Mortonââ¬â¢s neuroma may also show Tinelââ¬â¢s sign as well as Valleix phenomenon (Berry, Gonzalez and Bowman, 2012). The other pathway for detecting Mortonââ¬â¢s neuroma is diagnostic testing. This process involves plain radiography, ultrasound, and magnetic resonance imaging (Summers, 2010). Radiographs are routinely ordered to rule out musculoskeletal pathology, even though rise in proximity of the adjacent metatarsal heads is believed to result in increased pressure of the intermetatarsal nerve. Furthermore, Hause (2010) found no significant correlation between radiographic findings and the clinical presence of neuromas. In addition, there is the recommendation to use ultrasound in the diagnostic evaluation of the interspaces (Hause, 2010). Drury (2011: 19) observes that there is a likelihood of a neuroma appearing as an ovoid mass with hypoechoic signal-mass to the long axis of the metatarsals. . Adams (2010), however, advises that although MRI is a useful diagnostic tool, it should always be reserved for atypical presentations or to eliminate multiple neuromas. Significantly, neuroma can be best identified on T1 weighted images, and itââ¬â¢s likely to come out as a well-demarcated mass with minimal signal intensity.à In summary, clinical diagnostic approach to identify Mortonââ¬â¢s neuroma can be achieved by ensuring that examination and diagnostic testing has ruled out any other etiologies of symptoms. Conservative treatment intervention for Mortonââ¬â¢s neuroma No best treatment interventions have been identified in the literature for treatment of Mortonââ¬â¢s neuroma. Conservative intervention for Mortonââ¬â¢s neuroma is considered to be one of the best treatments alternatives for the condition. However, some of the common conservative treatment options involve changing shoe type, use of metatarsal pads, and use of non-steroidal anti-inflammatory drugs, administering sclerosing alcohol injections, and surgically transposing the offending nerve (Summers, 2010). Many doctors and physical therapists have recommended that patients are put to rest for a specific period of time, and reduce activities that may elicit pain (Pastides, El-Sallakh and Charalambides, 2012). Injections as an intervention Various clinical studies have exposed the need to consider injection as a better treatment option for Mortonââ¬â¢s neuroma over other non-surgical treatment options available. In a study conducted by Drury (2010) different conservative treatment measures often produce similar results. In a small randomised prospective study of 23 patients, the researchers compared reduction in neuroma pain when supinatory or pronatory insoles are used. In the study, there was no explicit inclusion or exclusion criteria other than clinical diagnosis, and no participant or evaluator was considered blind to the intervention allocations. The study had 13 percent of the participants (two patients) drop out after one month into the experiment. After 12 months, pain in the supination and pronation insole groups reduced by 50 percent and 45 percent, respectively- a reduction considered insignificant. In another study, a physically active 25-year-old female with diagnosed symptomatic Mortonââ¬â¢s neuroma was put through a massage therapy sessions. The six-session massage therapy involved a 60-75 minute weekly massage exercise involving postural alignment in addition to localised foot and leg treatment. The patient was also put to complete at-home daily exercise, with a weekly monitoring of change by the therapist who reassessed the patientââ¬â¢s posture and ensuring the client fills out a pain survey based on a Visual Analog Scale. The results indicated progressive change on the side of the client in terms of pain character. Specific patient report indicates that the pain character changed from burning and stabbing to dull and pulsing sensation after three sessions. There was also a reduction in pain during exercise. Although this study suggests that massage therapy is a significant treatment for Mortonââ¬â¢s neuroma, its weakness is based on the fact that the treatment only involved one client. No study has indicated the effectiveness of the method on a larger randomised control studies. In a prospective randomised study involving 82 patients, the researchers compared steroid injections alone based on shoe modifications (Berry, Gonzalez and Bowman 2012). Some of the recorded primary outcomes were patient satisfaction, which is basically the presence or absence of pain, the pain intensity, and return of pain afterwards. The results of the study indicated that steroid injections yielded better outcome in terms of patient satisfaction, compared with other conservative options such as shoe à modifications alone. In this study, 23 percent of shoe-modification patients achieved complete satisfaction after one month of intervention. This was significantly lower than the 50 percent of patients who experienced significant pain reduction after one month of steroid injection. After six months, 28.6 percent of the participants experienced satisfaction with shoe modification, significantly lower than 73.5 percent satisfaction amongst those who had received injection. Although the difference was significant lower after one year with 63 percent satisfaction with shoe modification and 82 percent with injection, the reduction could have occurred because patients were allowed to cross over after six months. The researchers observed that no complications were reported, although the study was limited by a high cross-over rate from shoe modification group to injection group after 6moths. Some studies have investigated other techniques such as the use of sclerosing effects of alcohol (Pastides, El-Sallakh and Charalambides, 2012; Schreiber, 2011; Beltran, 2010; Pace, Scammell and Dhar, 2010), where delivery is done by multiple injections guided by ultrasound techniques over time. Improvements were reported in term of clientsââ¬â¢ satisfaction with no long-term adverse effects à in various case series. It is mostly recommended that even as an injection is used as the chosen treatment option, other supplementary management options such as shoe adjustments and calf-stretching exercises should also be implemented concurrently. However, in case the conservative interventions fail to work, many patients may be advised to undergo surgery to remove the neuroma or just to release pressure from ligaments. Studies have, however, indicated that 15 to 20 percent of these surgeries will not relieve the patient from pain, and may also lead to various complications such as local post-surgery infections, scar tissue, and damage of soft tissues which may affect normal foot functions. It has also been established that there is a possibility of neuroma recurring after the surgery. Conclusion Whilst the exact cause of Mortonââ¬â¢s neuroma is not known, the common belief is that it is caused by hypermobility of the metatarsals. This may also be aggravated by repetitive motions involving grinding of nerve bundle. The common symptoms are patients describing their feeling of ââ¬Å"lumpâ⬠on the footââ¬â¢s bottom. These symptoms may increase when the patient engages in weight-bearing activity. Research has established that symptoms that may be associated with Mortonââ¬â¢s neuroma may not necessarily mean a person is suffering from the complication. This is why clinical diagnosis is often recommended. One of the most common clinical strategies that may be beneficial to clinicians diagnosing Mortonââ¬â¢s neuroma is patients demonstrating Mulderââ¬â¢s sign. A positive clinical test outcome involves a pop or click that can be felt and heard at the same time. Clinical findings also indicate that Mortonââ¬â¢s neuroma may also show Tinelââ¬â¢s sign as well as Valleix phenomenon (Berry, Gonzalez and Bowman, 2012). Although there are various conservative therapies used to manage Mortonââ¬â¢s neuroma complications including rest, weight loss, and exercise for muscle strengthening, orthotics, massage therapy, physiotherapy, and manipulation, these methods are found to be very effective. Itââ¬â¢s against this backdrop that injection is found to be a more effective way of managing the complication as reported by clientsââ¬â¢ satisfaction studies. Injection may involve steroid injection, local anaesthetic injections or sclerosant injections. Injections have been found to yield better outcome in terms of patient satisfaction, compared with other conservative options such as shoe modifications alone. It has also been established that there are no complications reported in injections. Medical practitioners, however, recommend that patients may be advised to undergo surgical intervention in case conservative interventions fail to yield desired results. References Adams WR. (2010). Mortonââ¬â¢s neuroma. Clin Podiatr Med Surg., (2)7: 535-545. Beltran LS, Bencardino J, Ghazikhanian V, Beltran J. (2010). Entrapment neuropathies III; lower limb. Semin Musculoskelet Radiol, 14: 501-111. Berry K, Gonzalez P, and Bowman RG. (2012). Physical Medicine and Treatment for Morton Neuroma. Available from: http://emedicine.medscape.com/article/308284-overview [Accessed November 17, 2014.]. Bronfort G, Haas M, Evans R, et al. (2010). Effectiveness of manual therapies: the UK evidence report, Chiropractic Osteopathy, 18(3):1ââ¬â33 Drury AL. (2011). Use of homeopathic injection therapy in treatment of Mortonââ¬â¢s neuroma. Altern Ther Health Med, 2(1) 17-48. Faraj A, and Hosur A. (2010). The outcomes after using two different approaches for excision of Mortonââ¬â¢s neuroma. Chinese Medical Journal, 12 (3): 2195- 2198. Hauser R. (2011). A retrospective observational study on Hackett-Hemwall dextrose prolotherapy for unresolved foot and toe pain at an outpatient charity clinical in rural Illinois. J of Prolotherapy 2 (3): 543-551. Mayo Clinic. (2010). Mortonââ¬â¢s Neuroma. [Accessed September 16, 2010]. Available from: mayoclinic.com/health/mortons-neuroma/DS00468. Published Updated October 5, 2010. Pastides P, El-Sallakh S, Charalambides C. (2012) Mortonââ¬â¢s neuroma: A clinical versus radiological diagnosis. Foot Ankle Surg, 18: 22-4. Pace A, Scammell B, Dhar S. (2010). The outcome of Mortonââ¬â¢s neurectomy in the treatment of metatarsalgia. Int Orthop, 3 (4):511-5. Schreiber K, Khodaee M, Poddar S, Tweed EM. (2011). Clinical Inquiry. What is the best way to treat Mortonââ¬â¢s neuroma? Int Orthop, 60: 157-158. Summers A. (2010). Diagnosis and treatment of Mortonââ¬â¢s neuroma. Emerg Nurse, 1(8): 16-17.
Sunday, February 23, 2020
Compare and Analyse Essay Example | Topics and Well Written Essays - 2500 words
Compare and Analyse - Essay Example This has been caused by a sudden advancement in times and seasons. The times when general technology as well and information technology was left for the media alone, no longer exist (Wherle, 2009, pg76). Currently, almost everyone in the world is an IT expert since people have the idea of how to use a technology. However, it should be considered that this is the main aspect of life, that has witnessed a continuous advancement, hence emergence of the term technology development. Documentaries have been made using technology. Bob Dylanââ¬â¢s ââ¬Å"Donââ¬â¢t look backâ⬠and Michaelââ¬â¢s ââ¬Å"Roger and Meâ⬠, are some to the documentaries that portrays a sense of a well used technology (Pennebaker, 1968, pg65). This essay compares the two documentaryââ¬â¢s use of technology. Where, apart from the message in the movies, technology has proved a phenomenon to put into considering when watching this movie. First, it is noted here that, the media portrays a gap between message and medium, where Dylanââ¬â¢sââ¬â¢ manager by the name Albert Grossman who is the movie producer airs his client. Many will take this incident as a bad omen, however to him; he literally does it without thinking or rather taking it as a bad omen. Notably, during the cutting and editing of the documentary, it is clear as per the presentations that Grossmanââ¬â¢s presence is felt (Eason, 2010, pg26). As much as this might be considered as an artistic job, the truth is that it portrayed a flattering idea at the edge. In this context, it can be noted that the question of centralization became centrally framed; this is evident prior to the presentation of each character. The film is made to be viewed in a very different phenomenon. The sound of observational documentary such as Donââ¬â¢t Look Back is muddy that makes it difficult for a person to differentiate particular person speech and the general uproar. In essence, the quality of the sound in the documentary is wanting since it is difficult to distinguish a
Friday, February 7, 2020
Standard Deviation Essay Example | Topics and Well Written Essays - 2500 words
Standard Deviation - Essay Example When the data points are spread apart and the bell-shaped curve is flat, the standard deviation -- and the variation -- is great. Standard deviation with regard to finance can be defined as "Statistical measure that shows the likelihood of an investment to yield above- or below-average returns over a period of time. For example, if hypothetical XYZ Fund has an average annual total return of 11% and a standard deviation of 6.00, which means XYZ Fund's performance is likely to vary from a low of 5% to a high of 17%. Calculated by the fund, standard deviation is only relative to the asset class being measured." (2) The standard deviation of investment returns is widely accepted as the best, and perhaps only commonly used indicator of portfolio risk in the investment management business. However, its usefulness is actually quite limited. In fact, relying on it can often produce misleading and inaccurate conclusions. Although standard deviation does provide some insight, and in many circumstances is in fact meaningful but there are a number of flaws associated with relying on the standard deviation of returns as a risk measure. The bigger flaw with standard deviation is that it isn't intuitive. ... Although standard deviation does provide some insight, and in many circumstances is in fact meaningful but there are a number of flaws associated with relying on the standard deviation of returns as a risk measure. The bigger flaw with standard deviation is that it isn't intuitive. Sure, a standard deviation of seven is obviously higher than a standard deviation of five, But are those high or low figures Because a fund's standard deviation is not a relative measure-which means it's not compared with other funds or with a benchmark-it is not very useful to you without some context. Another limitation to standard deviation lies with the underlying data. Most investors will recall normal distribution from their introduction to statistics course. This bell curve underlies all of the assumptions about standard deviation. If the underlying data is not normally distributed, then the standard deviation is likely to give misleading results. It's worth noting that a number of studies show that investment returns are not normally distributed. There are some drawbacks to using standard deviation as a measure of risk, however. It interprets any difference from the average, above or below, as bad. This runs contrary to the way most investors feel about returns. Few investors fret about their portfolios doubling; most only worry about the downside--their returns being below average. There is another theory which is called Utility Theory. "This theory gives us a way to measure investor's preferences for wealth and the amount of risk they Aftab 04 are willing to undertake in the hope of attaining greater wealth. This makes it possible to develop a theory of portfolio optimization. Thus utility theory lies at the heart of modern portfolio theory." (3) Definition of
Wednesday, January 29, 2020
The factors, which affect demand Essay Example for Free
The factors, which affect demand Essay Demand is the quantity of goods or services consumers will buy at a particular price, at a particular time period. Market demand refers to the sum of individual demand for a good or service. It is assumed that the demand being represented is effective demand- the ability of consumers not just to want, but be able to buy the product. Quantity demanded is the inverse function of price, however there are other factors which influence the level of demand. Factors influencing individual demand differ from the factors influencing market demand. The price of other goods and services affects the demand for a product. If a product has close substitutes, then the responsiveness of demand to change in price is high. The level of income of an individual also influences demand (especially effective demand). The higher ones income the number of wants to be satisfied. People on higher incomes spend more money on goods and services in absolute terms, but less in proportional terms due to their lower average propensity to consume. Personal preference and trends in fashion also dictate the level of individual demand. The size of the population, age composition, distribution of people by sex, and socio-economic status influence the market demand. Big businesses study the composition of the population to best establish their most viable market place. Both consumer expectations and the level of technological progress influence market demand. These factors may affect demand either positively or negatively, resulting in an expansion or contraction of demand. The following model works on the assumption that aside from price all other factors will be kept constant. When the demand curve shifts to the right or left this results in consumers willing to buy more/less of the product at every possible price. A shift in the demand curve could be resulting from changes in tastes, real income, population size and composition, consumer expectations or technological progress. These factors often work simultaneously to increase or decrease demand. However these factors do not apply similarly to all goods. The demand for generic brand products decreases as income rises. The price elasticity of demand refers to the responsiveness of quantity demanded to a change in price. Elasticity is represented by the mathematical formula where the change in quantity demanded is divided by the change in price. If the resulting coefficient is less than one, the product is said to be inelastic. Thus, if prices change by a greater proportion than quantity demanded, the product is inelastic. This applies to basic goods and services, necessities such as bread, and habit-forming goods such as cigarettes. A good is unit elastic if the coefficient of the equation is equal to one. Thus the proportional change in price is equal to the proportional change in quantity demanded. If the proportional change in quantity is greater than the change in price, then the product is said to be elastic. These goods and services are usually quite durable, and high priced such as furniture. There are usually lots of close substitutes, and the industry of the good or service is very competitive. These concepts of elasticity can be visually represented by the gradient or slant of the demand curve. The steeper a curve, the greater the inelasticity, as changes in quantity demanded is quite small. The elasticity of a product is important to governments and producers in making economic decisions. For producers, the elasticity of a product determines any possible price changes. If a product is elastic for example, a price rise may lead to lower total revenue as demand sharply drops. Over the long term businesses try to overcome elasticity by building consumer goodwill and brand loyalty through advertising. Governments, likewise exploit elasticity to maximise total revenue. Governments usually impose high taxes on relatively inelastic goods such as alcohol and tobacco. Despite the higher cost of the product, the demand remains relatively similar, and thus governments earn more from their taxation policy. Both demand and elasticity work in conjunction to influence the decision making process of business and government. They are subject to change due to a number of external factors, yet help in maintaining equilibrium in theà market. Graphs *demand curve *expansion and contraction in demand *shifts in the demand curve *elasticity
Tuesday, January 21, 2020
Glory :: Movie Film Review Glory Essays
Glory Glory captures the heroism of Colonel Robert Gould Shaw and the first black regiment in the Civil War, the Massachusetts "Fighting" Fifty-fourth. An extremely talented cast and crew earned three Academy Awards (cinematography, sound and supporting actor) and five nominations for their work in Glory. The outstanding cinematography, sound, score and acting recreate the events leading up to the Union attack on Fort Wagner on July 18th 1863. Matthew Broderick portrays the young Bostonian abolitionist Col. Robert G. Shaw who takes command of the Fifty-fourth, following the Emancipation Proclamation. Shaw along with Cabot Forbes (Cary Elwes) leads a band of ex slaves, servants and other black volunteers including a rebellious runaway slave Trip (Denzel Washington), Shaw's educated childhood friend Thomas Searles (Andre Braugher), and a former grave digger Rawlins (Morgan Freeman). Together these men face the adversity of a racist Union Army, struggling to prove themselves worthy of their government issued blue uniforms. After months of training and exploitation for physical labor, the Fifty- fourth gains the opportunity to fight in an attack on Fort Wagner on the beaches of South Carolina. Poised to dispel the belief that blacks would not be disciplined under fire, the Fifty-fourth leads the almost suicidal attack on Ft. Wagner. There Col. Shaw valiantly falls and the Fifty-fourth, suffering great losses, displayed the courage that persuaded the Union to enlist many more black soldiers. Matthew Broderick delivers a noteworthy performance in the role of Col. Shaw, which Leonard Maltin calls his most ambitious part. In an interview for the New York Times, Broderick spoke of his method acting, "The first step [in preparing for the role of Robert Gould Shaw in Glory] was to try to learn as much as I could about the real person. That was mostly from letters, photographs, descriptions and a poem by Emerson. The thing I had to do was bring myself into that situation. I didn't want to be an imitation of what I thought Shaw must have been like." Broderick's acting talent has been noted on Broadway as well as in films. Broderick won a Tony Award for his performance in "Brighton Beach Memoirs" in 1983, a year after his film debut in Max Dugan Returns. (Maltin, 102) But it was his role as a computer hacker in War Games and his role as a handsome young teen touring Chicago in Ferris Bueller's Day Off that alerted moviegoers to his talent. Denzel Washington has received critical acclaim for his role as Trip (as well as an Oscar for Best Supporting Actor). Denzel commented on the role of Trip in an interview with the New York Times.
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