Assignment One Essay - 679 Words

Name: Molly King Assignment: Identifying the research method In order to evaluate research projects, and understand their strengths and limitations, it is necessary to first understand which type of research method is being used. First, type your name in the space indicated above. Then classify each of the following research studies as experimental, correlational, or observational/qualitative. Simply type an E, C, or O in the space below each study to indicate type of study. This assignment will be graded on a 100-point scale. Ten points will be deducted for each wrong categorization of a study. The assignment will be worth 3% of your overall grade in the course. 1. Cheryl Vance, an actuary at ValueLife Insurance Co., aims to†¦show more content†¦Over the next five years, he tracks their incomes. Thomas finds that on average, taller men have higher incomes than do shorter men. Research method: C 5. Ron Fuller wants to test the hypothesis that storeowners will be more likely to scrutinize black customers who are exhibiting behavior that suggests shoplifting, compared to white customers who are exhibiting the same behavior. He trains five black and five white high school students to exhibit the same types of suspicious behavior, and sends them into 12 stores to act as trained. With hidden cameras, the storeowners’ scrutinizing behaviors are recorded. Fuller found that the storeowners were 1.72 times more likely to scrutinize the black customers as compared to the white customers who were exhibiting the same suspicious behaviors. Research method: O 6. Organization development consultant David Nadler was interested in developing a model of how large companies cope with restructuring in a competitive business environment. With a team of consultants, he followed the restructuring process of Xerox Corporation for two years. He interviewed the CEO and the top managers at Xerox. He observed the behavior and analyzed the speeches of the CEO and the top managers. Nadler and his team collated and interpreted the information they had collected, and wrote up a detailed account of Xerox’ restructuring process,Show MoreRelated200336 Business Academic Skills 2011.1 Essay Instructions (50%)900 Words   |  4 Pagesaccount for and/or refute counter arguments; and demonstrate relationships between ideas and between theory and practice. To that end, this assessment will enable students to bring together all the parts associated with the Learning Portfolio into one coherent academic essay and evaluate what has been learnt throughout t he entire semester. Details Due Date: Length: Week 14 Workshop and online (Turnitin) 1200 words Based on the Learning Portfolio assessment, write a 1200 word academic essay addressingRead MoreEquals Sign and Expo Class Method Essay984 Words   |  4 Pagesstrings were concatenated† what does that mean? It simply joins the 2 strings together. 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Augustine Medical Case Study - 1763 Words

Introduction The Bair Hugger Patient Warming System is marketed to hospitals in the United States. It is a device that has been designed specifically to treat hypothermia which many patients suffer from after operations. The Warming system is composed of two elements; there is a heater/blower unit and disposable warming covers. The ultimate problem facing Augustine Medical, Inc. is how to price theses two components of the product and how to position it compared to its competitors. There are many substitutes available for hospitals to treat and prevent hypothermia. However, there are many disadvantages to the variety of other devices which virtually treat the same condition. Augustine Medical believes that their product is superior to†¦show more content†¦The margin paid to the distributors would be competitively set at 30% of the delivered selling price on the heater/blower unit and 40% of the delivered price on the blankets. Promotion: Currently Augustine Medical Inc is relying on distributors to push their products. Augustine Medical Inc also is promoting their products by creating sales literature for the Bair Hugger Patient Warming System, where features and benefits of the product are detailed. Augustine Medical Inc personal experience indicated that all of these features would be welcomed by nurses and patients alike. Price: Heater/Blower must be under $1500 to avoid hospitals going through formal review and decision process.†¨Only 80% of the hospitals have enough hospital rooms to have use for the Bair Hugger. Investor interest in Augustine Medical Inc and the medical technology it provided produced an initial capital of $500,000. These funds include RD, staff support, facilities and marketing. It was believed that this initial investment would cover the fixed costs of the company during its first year of operation. Variable Cost = $380 per heater and $.85 per blanket. 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A Literature on the Compensation Culture Litigation Crisis - Free Essay Example

Sample details Pages: 6 Words: 1904 Downloads: 10 Date added: 2017/06/26 Category Law Essay Type Analytical essay Did you like this example? Literature Review It has been widely discussed that Britain is in the grip of a à ¢Ã¢â€š ¬Ã‹Å"compensation cultureà ¢Ã¢â€š ¬Ã¢â€ž ¢ and, thus, a à ¢Ã¢â€š ¬Ã‹Å"litigation crisisà ¢Ã¢â€š ¬Ã¢â€ž ¢ was said to be a problem. Worries of this kind can be found in newspapers, in official reports, political speeches, legislative debate, and judicial decisions. Therefore, in 2004 Stephen Byers protested about the opposing effects of excessive litigiousness on both the economy and the national psyche,[1] while David Davis the shadow Home Secretary also said that if a conservative government were to be elected it would cut out à ¢Ã¢â€š ¬Ã‹Å"the cancer of litigationà ¢Ã¢â€š ¬Ã¢â€ž ¢.[2] This piece aims to discuss the reforms proposed in accordance to the compensation culture and the government response to that. Don’t waste time! Our writers will create an original "A Literature on the Compensation Culture Litigation Crisis" essay for you Create order Thorough research was done by Lord Young that sets out measures which should be considered to bring effective reforms. Lord Justice Jackson also reviewed in his report matters regarding civil litigation which the government has reacted to. However, very less investigation has been carried out in relation to describe what the à ¢Ã¢â€š ¬Ã‹Å"claim cultureà ¢Ã¢â€š ¬Ã¢â€ž ¢ actually is and considering if it exists is a whole different story.[3] This article reviews some of the recent evidence. The initial point to discuss here is that is there really a problem. The answer to this question is highly doubtful, depending as it does on what exactly is thought to establish the à ¢Ã¢â€š ¬Ã‹Å"problemà ¢Ã¢â€š ¬Ã¢â€ž ¢, as well as who is asked. The development of a à ¢Ã¢â€š ¬Ã‹Å"compensation cultureà ¢Ã¢â€š ¬Ã¢â€ž ¢ infers an enlarged and irrational willingness to pursue legal redress when things go wrong,7 whilst a à ¢Ã¢â€š ¬Ã‹Å"litigation crisisà ¢Ã¢â€š ¬Ã¢â€ž ¢ suggests that th is change in social attitudes has been interpreted into unwanted points of official debating. It seems that the label of the problem has picked up in its importance due to the idea that number of claims showed incline over the years. In 2002, a report by the Institute of Actuaries said that there was an increasing compensation culture, guessing the total cost of claims at about  £10 billion a year or 1 per cent of GDP. This is a very big sum of money though it signifies a wide diversity of claims as well as their related administrative costs and expenses. The real problem was said to be a perception. Too many of us have been convinced by media stories and the greedy advertising of certain claims management companies that large sums of money are easily accessible.[4]According to the Task Force there is no accurately completed basis for such views or for declaring that Britain is suffering from a have a go culture. However some reports absurdly decided that an urban my th declaring its existence has been widely accepted as the reality which has motivated a minority to press hypothetical claims that lack value or are false.[5] In these impoverished times to save on costs, it is vital that the Young review studies the British Regulation Task Force report. There are a lot of similarities in the Young report and the BRTF report. The BRTF decided that the compensation culture was a myth however, it influences other acting bodies to deliberate that it exists and is a grave problem. Lord Young has previously pointed out the illogicality of many myths and here Lord Young highlights what are clearly misunderstandings of the law. For example, à ¢Ã¢â€š ¬Ã…“Ridiculous compensation culture claims and pay-outs burden on tourist attractionsà ¢Ã¢â€š ¬Ã‚  [6] Lord Young specifies that he means to examine the litigation procedure inpersonal injury compensation claims in his report. The strengths of his report are that it tries to uncover the rea lity thatà ¢Ã¢â€š ¬Ã¢â€ž ¢s been hidden behind the mask of exaggerations. It also suggests paramount reforms to improve the status of law governing compensation culture. His recommendations focus largely on how to regulate the abundant amount of pay-outs by government to regulate the feud of compensation culture. Where there are some extremely good points in his report it is unfortunate that the element of objectivity regarding references and approach is absent.[7] It can be seen from the heading à ¢Ã¢â€š ¬Ã‹Å"Compensation Cultureà ¢Ã¢â€š ¬Ã¢â€ž ¢ that the initial point of the research is biased and perceptive. However, the new claims procedure in road traffic accident cases following this report is bedding in but seems already to be having an intensely reducing effect on time taken and costs incurred.[8] The statistics can be seen to assess the delicacy of the issue. The rise in the number of claims is the reason why the blame culture is in question. Table showing numbe r of claims reported (CRU) Dates Clinical Negligence Employer Motor Other Public Liability not known Total 2013/2014 18,499 105,291 772,843 14,467 103,578 2,123 1,016,801 2012/2013 16,006 91,115 818,334 17,695 102,984 2,175 1,048,309 2011/2012 13,517 87,350 828,489 4,435 104,863 2,496 1,041,150 2010/2011 13,022 81,470 790,999 3,855 94,872 3,163 987,381 It can clearly bee seen that the total number of claims has stabilised over the last few years. However, even the road accident claims have been showing a decline from 2011. It has established by various authors and it can be seen from the stable that the ratio and number of such claims fluctuate time to time. However, few things can be seen clearly. The total number of claims is less than the past two years which suggests that the recommendations have an impact on regulating the law nevertheless one can still argue that the year 2014 is not finished yet. So the number of claims will increase because future claims of this year still have to be recorded. There has been a recent extensive review of civil litigation by Jackson LJ. The governmentà ¢Ã¢â€š ¬Ã¢â€ž ¢s response to that review was positive. Jackson makes several important recommendations and which are listed below,[9] à ¢Ã¢â€š ¬Ã‚ ¢ Consumers should no longer be able to recover the cost of After the Event (ATE) in surance à ¢Ã¢â€š ¬Ã‚ ¢ There should be ban on referral fees whether paid in cash or by discounted or free legal services. à ¢Ã¢â€š ¬Ã‚ ¢ Success fees should come out of client compensations. Impact: Up to 25% reduction in damages in addition to the deductions due to non-recovery of any ATE premiums. à ¢Ã¢â€š ¬Ã‚ ¢ There should be fixed costs for fast track personal injury claims. à ¢Ã¢â€š ¬Ã‚ ¢ There should be green light for contingency fees. à ¢Ã¢â€š ¬Ã‚ ¢ Not having to pay defendantsà ¢Ã¢â€š ¬Ã¢â€ž ¢ costs in lost cases. à ¢Ã¢â€š ¬Ã‚ ¢ There should be a 10% increase in general damages. His recommendations were very considerate of the law and problems in the society. The government published its response and conclusion in March 2011 following the proposals in Lord Jacksonà ¢Ã¢â€š ¬Ã¢â€ž ¢s report.[10] The major issue to assess was the à ¢Ã¢â€š ¬Ã‹Å"no win no fee agendaà ¢Ã¢â€š ¬Ã¢â€ž ¢. The government intended to: Abolish the general recoverability of the CFA success fee from the losing side. Abolish the general recoverability of after the event insurance premiums Introduce the package of associated measures set out by Lord Justice Jackson. It can be seen clearly that a lot of emphasis has given to the law professional fees and insurers meaning that these are the two main bodies that enhance the view of compensation culture. Firstly, ità ¢Ã¢â€š ¬Ã¢â€ž ¢s the law professionals such as lawyers and barristers who in order to make their money support the idea of high level of claims. Secondly, the insurance companies bag some money for their own benefit and use the law for their own advantage. As lee McIlwaine says, à ¢Ã¢â€š ¬Ã…“If we must follow this folly the insurance industry ought to agree a strict regulated pricing regime so that additional profits attained as a consequence of any reduction of rights were returned to the community by way of reduced premiums or indeed injury prevention and treatment. Any taker?à ¢Ã¢â€š ¬Ã‚  There are two other deliberations associated with the numbers issue. First, claimant lawyers often point out with substantial explanation that countless majorities of injured person s never use the law and that it is exactly the absence of a compensation culture that describes our liability organization. A second point is whether genuine, well-founded claims should be calculated as part of the problem. Another point is that it is not easy to find an appropriate substitution measure. For example a 1998 study of legally assisted personal injury cases stated a success amount of 63% with more than 80% of road traffic applicants recovering compensation.[11] This suggests that the great majority of injury claims are well-founded and honest. However, since all the cases in the example must have approved by Legal Aid Boards merits test in order to be capable for public funding in the first place, no such supposition can finally be made? It is very clear that lawyers are doubtful to want to act for clients unless their chances of success are good. Indeed, the problem we started with seems to have come down to this; Effectively they say that whilst some liabi lity stories may be media overstatements or even mythical, business and the public sector have been put on the self-justifying side by the introduction of conditional fee agreements (CFAs) and the strong tactics of some claims management companies and solicitors practices. So it bring us to say that First that only solid cases are likely to be taken up which, while hardly surprising from the viewpoint of claimant lawyers,[12] falls well short of approving the claim sometimes made by politicians that the replacement of legal aid by conditional fees has made justice available to all. Equally, there have been times on which courts have simply wanted to send a powerful note to possible claimants and the legal profession. Thus in Gorringe v Calderdale[13] , Lord Steyn warned that à ¢Ã¢â€š ¬Ã…“the courts must not contribute to the creation of a society bent on litigation, which is premised on the illusion that that for every misfortune there is a remedyà ¢Ã¢â€š ¬Ã‚ .[14] CON CLUSIONS In some jurisdictions, the number of injury claims that have been made seem to act as a yardstick to measure the moral state of the country. The question here is that: Are we less tolerant and more litigious? Regrettably, the accessible statistics do not deliver a suitably reliable answer, though on balance it looks as if the British continue to be a nation of lumpers rather than litigators[15]. It can be concluded from the discussion above that there is no specific proof of the existence of a claim culture in Britain. The statistics show that there is a drop in the registered claim in the past few years. It seems like that by making these claims, lawyers and insurance companies are most benefited. Ità ¢Ã¢â€š ¬Ã¢â€ž ¢s clear that the some of the legal bodies have done an impressing job in proposing reforms which will bring a great change and according to the statistics they started to show some effect. So hence concluding that compensation culture has been referred to a myth is most likely a better definition of its status. Statements like à ¢Ã¢â€š ¬Ã‹Å"compensation culture without any argument helps to sell the newspapers that signify to hate it most however, we should be careful before we allow it to command the legislative policy-making agenda. [1] à ¢Ã¢â€š ¬Ã‹Å"Curb claims culture, says Byers, The Guardian, 10 March 2004. [2] à ¢Ã¢â€š ¬Ã‹Å"Victim Nationà ¢Ã¢â€š ¬Ã¢â€ž ¢, The Spectator, 21 August 2004. Too many rights seems to be the central thesis. [3] Office of Fair Trading, An analysis of current problems in the UK liability insurance market, June 2003, at para 10.4. [4] W. Haltom and M. McCann, Distorting the Law. Politics, Media, and the Litigation Crisis [5] Foreword titled Compensation Culture: Exploding the Urban Myth. [6] https://www.dailymail.co.uk/news/article-1268723/Ridiculous-compensation-culture-claims-pay-outs-burden-tourist-attractions.html [7] https://www.13kbw.co.uk/articles/young-report.pdf [8] Cru statistics [9] https://www.judiciary.gov.uk/NR/rdonlyres/8EB9F3F3-9C4A-4139-8A93-56F09672EB6A/0/jacksonfinalreport140110.pdf [10] Global Competition Litigation Review, implementing of Lord Jacksonà ¢Ã¢â€š ¬Ã¢â€ž ¢s recommendations- the Government response. [11] Plea sence, n 24 at 11-13. [12] The CABx report, para 9, observes that CFAs create perverse incentives for the legal profession [13] Gorringe v calderrdale [14] [2004] UKHL 15 at [2]. [15] Lee McIlwaine , Tort Reform and the Compensation Culture

The Collapse of Communism in the USSR, Central, and...

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The aim of the Perestroika and Glasnost reforms was to restructure and strengthen the Soviet political and economic system and provide more freedom and democracy within the Soviet Union while strengthening Communism. However, these

Ban Fire Crackers Free Essays

Diwali is celebrated with great vigour all across the nation. Bursting firecrackers is a tradition on Diwali. Diwali is also known as Deepavali in India. We will write a custom essay sample on Ban Fire Crackers or any similar topic only for you Order Now Firecrackers! Just the term creates joy and excitement in one’s mind. The heart flutters with thrill and enthusiasm developed by the sight those colorful showers and sparkles from the fireworks in the sky. But is it all about fun? Have you ever wondered how many harmful effects and disadvantages do these fireworks create for the environment?. It is yours, theirs and everyone’s duty to take care of the environment, fellow humans and other living beings. You may wonder why and how. You may be having a great time celebrating and enjoying, bursting those boisterous fireworks. But it need not be the same for the others around you! What about your neighbors? Your neighbor could be sick, or many may have an important appointment the next day. He/she could also be having a test or an exam the next morning and they may need some rest. Burning firecrackers late at night at odd hours disturbs everyone living in that community and disturb their sleep and make them less concentrated in their next day. Firecrackers produce very high level of sound and the vibrations can travel over a long distance. These are sometimes over 140 decibels! A human ear can bear a maximum of 85 decibels. Sounds above this limit create disability in hearing and causes permanent damage to the ears. Firecrackers when burnt release a large amount of very tiny toxic particles that can easily enter our lungs and damage the respiratory system. The smoke from firecrackers contain sulfur compounds, heavy metals and other toxic chemicals and harmful fumes of gases such as sulfur dioxide, ozone etc,. People with asthma, multiple chemical sensitivity and other breathing problems suffer largely due to the toxic emissions from these fireworks. Crackers are unnoticeably affecting all of us. We should understand what it’s doing how it’ll threaten our very existence in future. Governments should take it very seriously should: †¢ban the production of crackers †¢enforce laws on its production, sales, use, advertisement †¢popularize the idea of not using crackers among public There’re a lot of causes of global warming pollution. All the other sources are important for our living despite their ill effects. But cracker is absolutely nothing more than garbage. Be smart, be civilized, use your knowledge, don’t worry about what others think, don’t care about society, DON’T USE CRACKER. Let each one of us take a pledge this Diwali to say NO to firecrackers and invest in a safer and greener future. Diwali is the festival of lights and we must enlighten our lives with the sparkle of joy and goodwill, forget past grievances and look ahead towards a brighter and happier future. How to cite Ban Fire Crackers, Papers

Marketing for Managers Dairy Firm in Australia

Question: Describe about the Marketing for Managers of Dairy Firm in Australia. Answer: Introduction: Background of the company: Camel Milk of Victoria is an emerging dairy firm in Australia. It is one of the famous dairy beverages of Australia in which the production process is based on the elements of nature. At the very first time, it started its journey in Saudi Arabia. After that, it spreads its branches across the world. Now, the Victoria has been able to run this business successfully (Camel Milk Victoria, 2016). Products of the company: The Camel Milk of Victoria has different types of products. This organization launches variety of goods and makes differentiated products which would attract the customers towards them. Moreover, it also helps to sustain in the competitive and international market successfully. Camel Milk of Victoria launches camel milk soap which is effective and beneficial for sensitive skin. Moreover, it produces laundry powder which gently washes the clothes. On the other hand, one of it demandable product is lip balm which is made by the natural scents and oils of the nature. Apart from this, there are different types of camel milk soap which are of different shapes and sizes. On the other hand, the most important product is the camel milk which has a high demand in the international market. In addition, the camel milk Victoria cap is also an effective products which has a high demand to the consumers (Camel Milk Victoria, 2016). Vision and Mission of the company: The mission of Camel Milk of Victoria is to develop the quality of the products and maintain standard performance which would attract more investors and partners to invest on this organization. In this perspective, this organization targeted the Australian major markets along with the sub markets from which the higher amount of revenue can be generated. In addition, the transactions department needs to be taken into consideration through which the prospective opportunities of business and advantages can be achieved. On the other hand, this above stated organization focuses on providing the advance skills, technology, service and systems which would help to maintain the standard quality of the products and produce innovative items. As a result, the production efficiencies can be achieved through this above strategy. Furthermore, the higher amount of revenue and profit can be earned by implementing this effective mission of this organization (Camel Milk Victoria, 2016). In this perspective the vision of Camel Milk of Victoria is to achieve the effective business objective and goals by which the foster growth can be possible. The objectives and goals are set in such a manner that helps to cover the financial and budget allocation of this organization. Moreover, the innovative products and brands should be recognized and familiar to the loyal customers within a short time span. The vision and strategy should be clear to every employee who is working on the project related to Camel Milk of Victoria. Thus, with the help of new products and clear project vision profitability margin can be achieved with very short time line (Camel Milk Victoria, 2016). Current marketing objectives: The current marketing objectives are the concentration of price and quality of the goods and services. This effective objective would help to sustain in the competitive market. Moreover, the production of innovative and differentiated products is in great concern in respect to the marketing objectives of this organization. In addition, potential market entry strategies such as joint ventures and partnering in business can be taken into consideration as marketing objectives of this organization. Situation analysis: According to OFlynn et al., (2016), the term situation analysis indicates the process by which the managers can critically analyze the external and internal environment of the organization. With the help of this analysis, the capabilities, business environment, future expansion and customer base of this organization can be evaluated (Kekana, Hall, Motta Bewley, 2016). In this perspective, the above-stated organization of Camel Milk Victoria, situation analysis can be done with the help of SWOT analysis, evaluation of market demography and demand analysis, current competition and budget and positioning analysis. Market demography and demand analysis: The Camel Milk in Victoria is the only licensed dairy firm which is emerging, enterprising and entrepreneurial business unit in Australian economy. In this organization, milk is produced for the human consumption for all age group of the people. Apart from this, the milk can be used for the production of different types of chocolate which have a high demand in the international market (Flores Oseguera, 2013). In this perspective, Godiva James of the Middle East companies import milk from this organization for the production of chocolates. In addition, European countries, US and Japan are the target market of this organization from which a major amount of revenue is earned throughout the year. Furthermore, EICMP gets the facility to produce better quality and integrated type of camel milk in which per day production rate is 5000 liters approximately. The Europe market has a high demand on that. Moreover, in the words of Gildea (2012), with the help of consuming camel milk, the Diabet es patients of Type II, auto-immune patients and Hepatitis patients can fill better and it has some positive sign on that. Thus, these types of patients are included in the target market of this organization. As per the view of camel farmer of Queensland, it has a high demand in the Australian market as it provides the high value of milk. Though, the camel milk is very much expensive compare to any dairy milk, its demand is also in increasing condition. Due to the high production cost of this product, the sales figure is near about $32 per liter (ABC Rural, 2015). However, the market demand is high for new born babies. Thus, the price is not mattered in this case. As a result, most of the Australian business people want to start this business for earning higher amount of profit from the market (Garca-Posada Mora-Sanguinetti, 2015). SWOT analysis: The SWOT analysis of this above-stated company refers the advantage and disadvantage of this organization through the analysis of its marketing strategy (Bull et al., 2016). Strengths New and innovative product in the international market and foreign countries which would attract the customers towards them. The production procedure is best in terms of quality. Now, the entire world would mainly focus on the quality of the products instead of quantity (Jaber, Elkarmi, Alasis Kostas, 2015). Thus, its demand is high. The concerned marketing expertise helps this organization to sustain in the competitive market successfully. Efficient and effective production method. Major exporter in the international market. Strong and prospective growth of export in the trading market. Weakness The main drawback of this organization is the undifferentiated product. This is considered to be the barrier of attracting new customers towards them. The geographical boundary is not so much significant. This would create problem to deliver and distribution process (Chen, Kim Yamaguchi, 2014). Moreover, the expansion of business can be hampered for this reason. According to van Wijngaarden, Scholten van Wijk (2012), in the competitive market, the existing organizations have a pre set market brands and loyal customers. Thus, as the Camel Milk Victoria newly entered organization in the international market, so its customer base and reputation is not so much significant. Volatility in climate which may hamper the production process. Uncertainty in policy making which delay the export and import business. The Camel Milk of Victoria buy retail products but sale in the procedure of wholesale. Opportunities Market demand is high for this product instead of high production cost. Improved market strategies and objectives ensure to sustain in the competitive market successfully. By implementation of market entry strategies of mergers, joint ventures and strategic alliances, the higher amount of revenue and profits can be earned. This organization gives a tough competition by cost effective policy along with providing improved quality of products. Achievement of efficiencies in the production system. Management and higher authority bear and concentrate on the production risk of this company. Threats Due to high price of products, the Camel Milk of Victoria can lose the market demand of the products along with loyal customers. This is not desirable for an organization. The high price of products is an important barrier for not sustaining the customer base in the international market. Unsatisfactory geographical boundary adds the disadvantage of delivery and distribution system. This would lead to contraction of selling market in the international economy. High price of inputs which raise the price of the products. Climate change. Lack of protectionism from rival companies in the international markets. Table 1: SWOT analysis of Camel Milk of Victoria Source: (As created by author) Current competition: It is known that Australia is a famous country for producing dairy products through worldwide. There are 6400 dairy firms across the Australian economy in the important regions such as Victoria, New south Wales, Tasmania, Western Australia, South Australia and Queensland. These areas are the major competitors of Camel Milk of Victoria. However, due to the different types of production process, strategies and innovativeness of goods adds the more competition between these industries. Figure 1: Trend of production in Australian Dairy firms Source: (Financial Review, 2015) The above data shows the production of milk by the Australian dairy firms throughout the year. As per this statistics, the trend is positive and significant. Thus, these Australian firms are the main competitors of Camel Milk of Victoria. Budget, sales and positioning analysis: The budget of this organization is justified for expansion in the international market. The sales figure of this organization is highly significant and ensures the higher rate of return from it. By selling the innovative items in the international market, this organization earns a higher amount of profit. Moreover, the position of this organization is perfect to run the business successfully. Victoria is one of the developed and important city of Australia. Thus, this market position is potential to get success in the business. Marketing promotion objectives and strategies: In the words of Lin, Jun, Hu Huang (2015), to get success in the competitive market, the organization needs to set some effective promotional objectives. With the help of these promotional objectives, the organization can be able to arrange the efficient and relevant strategies which would ensure the foster growth of the company (Waldman, 2013). In this perspective, the Camel Milk of Victoria set some effective objectives which would ensure the expansion of this organization in the international market. The main objective of this organization is to maintain the quality and standard of the products. After that, the concentration is goes on the price of the products. The price of the products set in such a manner that it help to sustain in the competitive market along with attracting more customers towards them. In this context, one of the main objectives is the production of the differentiated and innovative types of goods, which would attract new consumers towards them. According to DeVaro Kauhanen (2016), the promotional strategies are very much important to expand the business growth in the international market. With the help of effective promotional and advertisement strategy, the organization can be able to catch the peoples mind easily (Glanz, Bader Iyer, 2012). In this perspective, the Camel Milk Victoria employs a unique promotional strategy through which the good reputation can be maintained in the international market. This above-stated organization mainly concentrates on the standard performance and quality of the products which would help to attract the customers towards them. Moreover, in the words of Galician (2013), the changes in price of the products are an effective promotional strategy which adds extra benefits to consume more amounts by the customers. In this context, the Camel Milk organization of Victoria set the lower level of price from the other rival companies related to this type of production. As a result, it would help to sustain in the competitive market successfully. Apart from this, the innovation in the product has been done by this company. As commented by Czinkota Ronkainen (2013), the differentiated products and innovative goods can catch the entire market easily. Thus, the Camel Milk of Victoria implements this strategy. By implementing this strategy, this above-concerned organization produces innovative and differentiated products which not only uses for consumption of babies, but also cures many diseases (Hui, Inman, Huang Suher, 2013). As a result, the demand of this product increases. On the other hand, for effective promotional of this organization and goods, this company takes the help of advertisement. With the help of advertisement strategy, the new, innovative and differentiated products can be accustomed by the people. By knowing the advantage of this product, the customers can motivate to buy these products which would help to increase the profit of this organization. In addition, the good reputation can be maintained along wit h setting the loyal customer base. Media and budget allocation: As opined by Weintraub Litwinka (2013), the impact of social media for expansion of a business is important factors. With the help of social media, the organization can be able to catch the peoples mind properly (Joardar, Kostova Wu, 2014). In this perspective, the Camel Milk of Victoria uses the social media for promotional purposes. This above-stated organization uses the social networking site Facebook for promotional and advertisement purpose. From this social networking site, people can acknowledge with the products of this organization. As a result, the sales of this organization increase. On the other hand, the impact of social media is positive and significant in this context. With the help of social media, this emerging business unit can be a known face to the consumers. Moreover, it would help to set the loyal customer base which would ensure to earn higher amount of profit (Vorvoreanu, Sears Johri, 2015). Year 0 1 2 3 4 5 CASH INFLOWS Cash from Sales 500,000 700,000 900,000 1,200,000 1,800,000 Directors loans 145,000 Share capital 60,000 TOTAL CASH INFLOW 205,000 500,000 700,000 900,000 1,200,000 1,800,000 CASH OUTFLOWS Payments for materials 100,000 125,000 156,000 200,000 300,000 Premises (rent, rates) 0 30,000 35,000 35,000 50,000 50,000 Wages and salaries 0 100,000 100,000 120,000 130,000 150,000 General expenses 0 20,000 25,000 28,000 32,000 35,000 Interest and bank charges payable 0 2,900 2,900 2,900 2,900 2,900 Lease payments 0 0 0 0 0 Corporation Tax 165,255 137,009 197,912 Market survey costs 2,500 Other preliminary expenses 4,000 capital expenditure Loan repayments 31,900 31,900 31,900 31,900 31,900 Dividends 0 0 0 0 TOTAL CASH OUTFLOWS 6,500 284,800 319,800 539,055 583,809 767,712 Cash flow summary NET CASH FLOW FOR PERIOD 198,500 215,200 380,200 360,945 616,191 1,032,288 OPENING CASH BALANCE 198,50 413,70 793,90 1,154,84 1,771,03 CLOSING CASH BALANCE 198,500 413,700 793,900 1,154,845 1,771,036 2,803,324 Table 2: The current table shows the forecasted cash flow statement for Camel Milk for five years (Source: As created by author) Particulars Year 1 Year 2 Year 3 Year 4 Year 5 Long-Term Assets: Leasehold Improvement 35,000 42,000 45,000 48,000 50,000 Accumulated Depreciation 3,500 8,500 10,500 11,500 12,500 Total Long-Term Assets 38,500 50,500 55,500 59,500 62,500 Current Assets: Cash 29,800 19,700 3,300 22,800 24,000 Accounts Receivable 12,000 15,000 19,000 21,000 23,000 Inventory 53,000 64,000 75,000 95,000 120,000 Prepaid Rent 2,200 2,500 2,800 3,500 4,500 Total Current Assets 97,000 101,200 100,100 142,300 171,500 Total Assets 135,500 151,700 155,600 201,800 234,000 Long-term liabilities 55,000 58,000 62,000 65,000 68,000 Current Liabilities: Unearned Income 17,000 15,000 17,000 18,000 20,000 Accrued Expenses 1,500 1,700 1,600 1,800 2,100 Total Current Liabilities 18,500 16,700 18,600 19,800 22,100 Total liabilities 73,500 74,700 80,600 84,800 90,100 Owner's equity: Retained Earnings 50,000 52,000 51,000 62,000 78,000 Common stock 12,000 25,000 24,000 55,000 65,900 Total Owner's Equity 62,000 77,000 75,000 117,000 143,900 Total Liabilities and Owner's equity 135,500 151,700 155,600 201,800 234,000 Table 3: The above table shows the forecasted balance sheet statement for Camel Milk for five years (Source: As created by author) From this above calculation, the hypothetical budget allocation is made with the help of forecasted balance sheet and cash flow statement of this organization. Moreover, in this perspective, the expected profit and loss of Camel Milk of Victoria can be presented in the following manner. Years 1 2 3 4 5 Revenue 500,000 700,000 900,000 1,200,000 1,800,000 Cost of sales 100,000 125,000 156,000 200,000 300,000 Gross profit 400,000 575,000 744,000 1,000,000 1,500,000 Expenses/overheads Premises (rent, rates) 0 30,000 35,000 35,000 50,000 Wages and salaries 100,000 100,000 120,000 130,000 150,000 General expenses 20,000 25,000 28,000 32,000 35,000 Interest and bank charges payable 2,900 2,900 2,900 2,900 2,900 Lease payments 0 0 0 0 0 Depreciation 14600 12080 10064 8451 7161 Other expenses 6,500 Total expenses/overheads 144,000 169,980 195,964 208,351 245,061 Profit before tax 256,000 405,020 548,036 791,649 1,254,939 Tax @25% 165,255 137,009 197,912 313,735 Profit after tax 256,000 239,765 411,027 593,737 941,204 Dividends 0 0 0 0 Transfer to reserves 256,000 239,765 411,027 593,737 941,204 Table 4: The table shows the forecasted profit and loss of Camel Milk for 5 years (Source: As created by author) Conclusion and recommendation: The above analysis indicates the fact that Camel Milk of Victoria has a prospective growth in near future in the international market. The brief analysis of market demand, sales position, market demography and current competition of this organization, the strengths, weakness, opportunities and threats can be identified. As a result, the effective measures can be taken for correcting this adverse situation. In this perspective, the hypothetical forecasted budget is made for this organization. In this context, to sustain in the competitive market successfully, this organization needs to concentrates on the improvement of production procedure along with cost effective measure. With the implementation of efficient production technology, the cost of production can be minimized. As a result, the price of the products can be shortened which would enhance the competitive power in the international market. Thus, by following this effective marketing strategy and suggestions, this organization can be able to achieve foster growth in the international market. Reference list: Aerem's dairy deal is 'comical' say farmers. (2015).Financial Review. Retrieved 8 October 2016, from https://www.afr.com/real-estate/aerem-chases-740m-in-the-latest-of-dairy-investment-hype-20151211-gllqi2 Bull, J. W., Jobstvogt, N., Bhnke-Henrichs, A., Mascarenhas, A., Sitas, N., Baulcomb, C., ... Carter-Silk, E. (2016). Strengths, weaknesses, opportunities and threats: A SWOT analysis of the ecosystem services framework.Ecosystem Services,17, 99-111. Camel Milk Victoria | Benefits of Camel Milk. (2016).Camelmilkvictoria.com.au. Retrieved 8 October 2016, from https://camelmilkvictoria.com.au/index.php/about-camel-milk Camel Milk Victoria | Camel Milk Australia. (2016).Camelmilkvictoria.com.au. Retrieved 8 October 2016, from https://camelmilkvictoria.com.au/index.php/2015-08-02-04-21-05/camel-milk Camel Milk Victoria | Natural Health Camel Milk Australia. (2016).Camelmilkvictoria.com.au. Retrieved 8 October 2016, from https://camelmilkvictoria.com.au/index.php Chen, W. M., Kim, H., Yamaguchi, H. (2014). Renewable energy in eastern Asia: Renewable energy policy review and comparative SWOT analysis for promoting renewable energy in Japan, South Korea, and Taiwan.Energy Policy,74, 319-329. Czinkota, M. R., Ronkainen, I. A. (2013).International marketing. Cengage Learning. DeVaro, J., Kauhanen, A. (2016). An Opposing Responses Test of Classic versus Market-Based Promotion Tournaments.Journal of Labor Economics,34(3), 000-000. Flores, S. M., Oseguera, L. (2013). Public policy and higher education attainment in a twenty-first-century racial demography: Examining research from early childhood to the labor market. InHigher education: Handbook of theory and research(pp. 513-560). Springer Netherlands. Galician, M. L. (2013).Handbook of product placement in the mass media: New strategies in marketing theory, practice, trends, and ethics. Routledge. Garca-Posada, M., Mora-Sanguinetti, J. S. (2015). Does (average) size matter? Court enforcement, business demography and firm growth.Small Business Economics,44(3), 639-669. Gildea, J. (2012).The changing demography of Scotland and the impact on the labour market for volunteer labour(Doctoral dissertation, University of Strathclyde). Glanz, K., Bader, M. D., Iyer, S. (2012). Retail grocery store marketing strategies and obesity: an integrative review.American journal of preventive medicine,42(5), 503-512. High demand for expensive camel milk. (2015).ABC Rural. Retrieved 8 October 2016, from https://www.abc.net.au/news/2015-12-03/camel-dairy-queensland/6996844 Hui, S. K., Inman, J. J., Huang, Y., Suher, J. (2013). The effect of in-store travel distance on unplanned spending: Applications to mobile promotion strategies.Journal of Marketing,77(2), 1-16. Jaber, J. O., Elkarmi, F., Alasis, E., Kostas, A. (2015). Employment of renewable energy in Jordan: Current status, SWOT and problem analysis.Renewable and Sustainable Energy Reviews,49, 490-499. Joardar, A., Kostova, T., Wu, S. (2014). Expanding international business research on foreignness: A viewpoint.Management Research Review,37(12), 1018-1025. Kekana, L. P., Hall, M., Motta, S., Bewley, S. (2016). Should violence services be integrated within abortion care? A UK situation analysis.Reproductive Health Matters. Lin, S. L., Jun, L., Hu, T. L., Huang, Y. T. (2015). Market Promotion of Paid Socket: A Feasibility Analysis.International Journal of Management, Economics and Social Sciences,4(4), 128-149. OFlynn, E., Andrew, J., Hutch, A., Kelly, C., Jani, P., Kakande, I., ... Erzingatsian, K. (2016). The Specialist Surgeon Workforce in East, Central and Southern Africa: A Situation Analysis.World Journal of Surgery, 1-8. van Wijngaarden, J. D., Scholten, G. R., van Wijk, K. P. (2012). Strategic analysis for health care organizations: the suitability of the SWOT?analysis.The International journal of health planning and management,27(1), 34-49. Vorvoreanu, M., Sears, D., Johri, A. (2015, January). Teaching and Learning in a Social Media Ecosystem: A Case Study. InHICSS(pp. 1940-1950). Waldman, M. (2013). Classic promotion tournaments versus market-based tournaments.International Journal of Industrial Organization,31(3), 198-210. Weintraub, M., Litwinka, L. (2013).The Complete Social Media Community Manager's Guide: Essential Tools and Tactics for Business Success. John Wiley Sons.

Six Dimensions of Health free essay sample

Unsuccessful attempt by members of the Faye Wright Neighborhood Association to restrict a strip club from opening near a park and schools validating the strength of the courts decision. Ridenbaugh Press wrote an article referencing the City of Nyssa case in 2006. The news article points out that Oregon has the most lax rules of any state in the union limiting adult sexually-oriented businesses but noting that Nyssa, the less striking of the two decisions, that the two cases came from two of the more culturally conservative places in the state. They conclude that there is a ontinuing attempt to regulate strip clubs but voters rejected it three times as of the time of this article. CNN did an article on Lawrence v. Texas in 2003. CNN pointed out that the ruling appeared to strike down most laws governing private sexual conduct, but laws governing marriage remained unaffected. They went on that the Supreme Court ruling establishes a benchmark in privacy that had not existed before and, according to Diane Haskel, the ruling, based on due process arguments rather than equal protection laws, would push out new areas in privacy. We will write a custom essay sample on Six Dimensions of Health or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This is going to arve out protection for private sexual behavior, Hassel said. As long as its between consenting adults, this ruling would appear to cover CNN refreshed the case details between John Geddes and Tyron Garner of Houston and that their arrest violated the due process clause of the 14th Amendment. It is also hailed as a great leap into protection of privacy in ones home. Andrew Cohen commented on Lawrence v. Texas, a CBS News legal analyst, and said that the Supreme Court has created a broad new legal rationale for future challenges by gay rights activists This s a major ruling that will change a lot of other laws down the road. He said that gays and others may be able to use the ruling to challenge a wide range of laws on the basis ofa right to privacy. [4] In my review of court cases and legalized prostitution I cannot leave out the wonderful State of Nevada. Nevada is one of only two U. S. states that allow some legal prostitution; in most of its counties, brothels are legalized and heavily regulated. In Rhode Island, the act of sex for money is not illegal, but street solicitation and operation ofa brothel are. However, as of July 2004, rostitution is illegal under state law in Clark County, where the City of Las Vegas sits, and under county or municipal law in Washoe County, where the City of Reno is located, Carson City, which is an independent city, and in Douglas County, and Lincoln County. Eureka County neither permits nor prohibits licensed brothels, and also has none. The other 11 Nevada counties permit licensed brothels in certain specified areas or cities. The precise licensing requirements vary by county. License fees for brothels range from an annual $100,000 in Storey County to an annual $200 n Lander County. Licensed prostitutes must be at least 21 years old, except in Storey County and Lyon County (where the minimum age is 18). [5] Nevada law requires that registered brothel prostitutes be checked monthly for HIV and weekly for several sexually transmitted diseases; furthermore, condoms are mandatory for all oral sex and sexual intercourse. If a customer becomes infected with HIV after a prostitute has tested positive for the virus, the brothel owners can be held liable. 6] Nevada has laws against engaging in prostitution outside of licensed brothels, against ncouraging others to become prostitutes, and against living off the proceeds of a prostitute. For many years, Nevada brothels were restricted from advertising their overturned in 2007. Prostitution is typically shunned upon in society and should be regulated like any other Job in America today. If the participants consent to sex and it pays the bills, puts food on the table and pays the rent, then prostitution is no different at earning money than any other blue collar Job. Legalizing prostitution would have healthy benefits and ensure safety for all those involved in the profession. For example, with the legalization of prostitution comes regulation. This means that prostitutes will be required to get medical checkups on a daily basis, which would help to decrease the spread of STDs and other communicable diseases. As a result, the quality of life for prostitutes will improve as well as the environment for his or her clients.