Market Structures Essay Example | Topics and Well Written Essays - 750 words - 2

commercialize Structures - Essay ExampleMonopolistic disceptation along with oligopoly constitutes the structure of imperfect competition. Firms that are imperfectly agonistical offer many products. The products are offered at administered prices. The price changes are costly and slower. The prime prediction of the possible action of monopolistic competition is that firms will produce at the level where fringy cost equals marginal tax in the short run. However in the long run, the firms will operate at zero wage levels and the demand curve will be tangential to the total total cost curve.The figure shows the marginal cost curve for the monopolist (MCsm) for the short run. MCsm is the summation of the short run supply curves (SRSc) in the emulous securities industry. The loss of producers surplus (area B) and consumers surplus (area B) arises from the profit maximizing decision of the monopolist. A monopolistically competitory firm nooky operate above the level of normal p rofit.The above figure represents the economic loss for a monopolistically competitive firm. For a monopolistically competitive firm economic profits are zero and at equilibrium average total cost equals price. Both the firms in monopolistic competition and perfect competition are open to zero profits in the long run. It is possible for a firm operating in the monopoly market to acquire economic profits in the long run.The price is greater than the minimum point of mediocre total cost curve in the long run but in perfect competition price equals minimum of average total cost. In perfect competition price is lower and make is higher than monopolistic competition.A form of market where the industry is dominated by small depend of sellers is called oligopoly. Each oligopolist is aware of the market conditions as few sellers are present in the market. The decision of unrivaled firm can influence or are influenced by other firms. The responses of the participants of the market are i nterpreted into account in

ISOO 9001 Research Paper Example | Topics and Well Written Essays - 1000 words

ISOO 9001 - Research Paper ExampleThis tool is viewed to be high above a standard measure. It touches on the daily practices of an institution therefore, affecting the quality of services (Steyn, 2012). Charts, diagrams and tables are used to expound the planning, implementation, control, and documentation of this quality anxiety structure. Below is a sample of a flow chart on that point are various tools in this system as discussed below Customer focus In the screening of this tool, the organization focuses on the need and preferences of the customers. The organization puts up a system that ensures there is effective communication between the organization and the customers (Steyn, 2012). The customers are free to make enquiries and recommendations. The organization is able to get feedback from customers. When producing, the organization ensures products are in accordance to consumer expectations. General processes in an organization affect the final product that is released to consumer. Given that the organization focus on the needs of the customers, all the activities are geared towards ensuring that the final products are according the needs in the market. at that place is unattackable relationship between the customers and the organization, the customers are satisfied by the quality and measurement of the products and they can access these products at fair prices. Organizations that use the customer focus tool create embraced it because they have been compelled by the customers. Additionally, realizing competitors have embraced this system these organizations have been left with no alternative (Drori, 2013). The companies have however effect this tool to be significant in their performance. 1. Leadership This tool is applicable in the top management level of an organization. The management body, in implementation of this tool, should focus on the communication, planning, provision of adequate resources, and reviews of the performance. It is th rough with(predicate) good leadership in an organization that the staff is motivated and the organizations goals are met without compromise. The leadership provides good working environment hence increase in the output (Steyn, 2012). The organizations reputation and image is improved. It is not doable to underestimate the senior managements role in an organization. Therefore, the leaders of organization should understand and phrase the organizations goals clearly. 2. Involvement of raft In order to realize the objectives of the organization, the top management should work with other people both within and outside the organization. There should be effective communication to ensure smooth trading operations within the organization (Watson, & Howarth, 2011). Powers and responsibilities of individuals in the organization should be clearly stated. This important because each person is ravage is his duties and the ranks are clear. This motivates the employees and reduces conflicts and time wastage. Senior manager should be given the responsibility of ensuring overall smooth ladder of the organization. 3. Process approach The operation processes in an organization should be kept in check. This entails checking performance scope. There should be effective means to control the processes in the organization. This tool can be implemented through developing list of steps to follow in the organization. Additionally, there should be tracking system that enables wiz to evaluate the production processes (Watson, & Howart

Assessing non-parametric or t tests Essay Example | Topics and Well Written Essays - 1500 words - 1

Assessing non-parametric or t tests - Essay ExampleAlso the variance of the population is secret and to be tried and true from the sample. Under poll consists of sm each(prenominal) samples and meets other conditions which are suitable to be tested with the t-test (Siegle. D, 2014). In addition to it, if the quality of the product is to be checked and for example the product is a gondola ability of cars to absorb accident, then it will be very difficult and costly to handle astronomic sample data. Therefore t-test is the best option to test such type of parameters. Adding further, if any statistics follows t-distribution, t-test has to be applied. If in that respect is a need to determine that is there any significant difference between the means of both groups, then t-test is practiced.Now-a-days the development in both the field of computer i.e. in the hardware and software is hugely going upward (RO, 2014). In fact, there are many computer softwares available in the merc handise which calculates the test statistics which also provide probability of parameters in which anybody is interested. Going through the inference statistics, one assumes that all the dependent variables fit in a normal distribution. Also probability of a particular expiration can be identifying if there is an existence of normal distribution.Basically the research article under study focused on the relationship marketing among the income level and the banks which were preferred by the node. The research makes use of the f-test and the t- test. The use of t-test is made in order to find away the noteworthy difference among the demographic variables. Also in the study the customer awareness regarding relationship marketing, occupation, age, religion, gender of the customer has also been taken to find out the significant mean difference. It means that weather the person working in government organization, male or female, Muslim or Christian, young or aged customers, businessman or private sector customer have same level

Threats confronting the U.S. in 2030 Assignment Example | Topics and Well Written Essays - 500 words

Threats confronting the U.S. in 2030 - Assignment ExampleAccording to the discipline, demand for these resources will likely grow by over 40% owing to the rapidly expanding global population, it is postulated that these demand will become difficult and in some places impotential to address. Shortages are likely to be caused by a variety of factors that are already in play today much(prenominal) as rapid negative climate change and the incident of an energy crisis resulting from dying up of oil and other natural energy deposits. These changes are expected to discover the Middle East and Africa especially in regard to water, these regions already ache water problems today and it is therefrom not difficult to predict that without drastic policy changes both therein and globally, the trend will cross to its logical conclusion which is the water and food crisis.Another of the issues that are to be found in the report has to do with economic revolution in which the dominance of trad itionally superior nations and blocks such as the US and EU may challenge. America may not necessarily be the economic super source it has been since the end of the cold war by the year 2030. The report suggests that China, owing to its rapid per-capita growth and industrialization, could go on the USA to become the worlds leading financial powerhouse. The EU could also suffer from the possible withdrawal of Greece in the aftermath of the pre-2008 financial crisis from which it is still trying to recover, nevertheless, the report suggests that should Greece decide to withdraw, that could be dim for the bloc and may even result in a collapse. Recent history and current events have shown how the use of communication technology has enabled people to challenge governments, especially despotic ones and resulted in the toppling of several autocrats such as Egypts Mubarak and Gadaffi. While the reports predicts citizens may have more power to reach such ends in

Cultural Materialism Essay Example | Topics and Well Written Essays - 1250 words

Cultural Materialism - Essay ExampleIt is based on the simple premise that human social life is a response to the practical problems of earthly existence (Harris, 1979). The writings of Karl Marx and Friedrich Engels are of great influence with this issue of cultural materialism but then it was someway distinct from Marxist dialectical materialism or sometimes called historical materialism which talks some the notion that Marxism is a synthesis of philosophical dialectics and materialism, and withal different from philosophical materialism. Works of Thomas Malthus had advance Harris to consider reproduction of equal importance.The research strategy was also influenced by the work of earlier anthropologists including Edward Tylor and Lewis henry Morgan who, in the 19th century, first proposed that cultures evolved from the less complex to the more complex over time. Leslie White and Julian Steward and their theories of cultural evolution and cultural ecology were instrumental in the reemergence of evolutionist theories of culture in the twentieth century and Harris took inspiration from them in formulating cultural materialism. (Harris, Marvin. 2001 1968).Harris, Marvin, 1927-, An American anthropologist who was born in New York City. Graduated at Columbia with a degree of A.B on 1949 took his Ph.D. on 1953. A member of the faculty of Columbia from the historic period 1952 to 1981, he became the chairman of the anthropology department from 1963 to 1966. He then became a graduate research professor of anthropology at the University of Florida in Gainesville on the year 1981. Harriss major research has consisted of community studies in Latin America and ethnologies of Africa. He was very influential in the development of the theory of cultural materialism. He wrote Patterns of Race in the Americas (1964), The enhance of Anthropological Theory (1968), Cannibals and Kings (1977), America Now (1981), Cultural Materialism (1979), Good to Eat (1986), and Our Ki nd (1989). (Slider Encyclopedia) Dr. Marvin Harris is considered to be a generalist with an interest in the global processes that account for human origins and the evolution of human cultures. imputable to his interests in cultural anthropology, Dr. Harris assumed the role of an anthropological historian theoretician. His work with cultural materialism took him to the Islas de la Bahia, Brazil, Mozambique, Ecuador, India and East Harlem. Dr. Harris shared his knowledge of cultural anthropology with the world through the publication of 16 books. They include Cows, Pigs, Wars, and Witches and Cannibals and Kings. He also authored an introductory anthropology college textbook with multiple editions titled Culture, People, and Nature. Upon the completion of his previous publications, he composed a series of essays concerning modern human behavior based on our origins according to evolution which he has titled, Our Kind. Dr. Harris died in Gainesville, Florida on October 25, 2001 2001. ( Students in an Introduction to Anthropology Class, 2001)BOOK REVIEWCultural materialism is a systems theory of beau monde that attempts to account for their origin, maintenance and change. Cultural Materialism is based on two key assumptions about societies. First, the assorted parts of society are interrelated. When one part of society changes, other parts must also change. This means that an institution, such as the family cannot be looked at in isolation from the economic, political,

Art Essay Example | Topics and Well Written Essays - 250 words - 4

Art - Essay Examplebecause art involves conception and using creativity in making objects that triggers memories, educate, communicate, and trigger emotions (Harrison 11). In f prompt, it can be argued that art involves some(prenominal) human activities. It is not a must for art, to have specific qualities for it to qualify to be art. However, certain things desire color, texture are considered to differentiate between good and bad art. What I value or side for in art is beauty, uniqueness, and inherent sum. Beauty in art captivates people. When art is created to convey certain meaning such as political and emotional trigger, I consider that to be an ideal art.I stockpile art to act as a communication tool to different groups of people. For example, a toy created for children should act as an educative element to children. Cartoon drawings should act as warning, informative, and above all bring intimately joy in peoples lives. Art should be used to represent beliefs and norms of cultures, whereby cultures would be represented in artistic

Hierarchy of Ethics Essay Example | Topics and Well Written Essays - 250 words

Hierarchy of Ethics - Essay Exampleode of wear which means to educate the employees in way so that they understand the set and principles and thus encouraging good behavior in the organization. Third is the obedience to authority which includes following the assigned roles and responsibilities and engaging in wistful practices. The last and main element is to avoid conflict of interest which requires that private interests must not see the public duties.However, it is not necessary that such ethical elements are followed properly. They often result in conflicts among the employees. As an example, the PTCL (Pakistan Telecommunication Limited) faced various ethical issues due to its complex hierarchy. Due to centralization of top wariness there was low correspondence between higher and let down staff members. The HR department do biased decisions while hiring new employees. In order to resolve it, the management designed new instruction of Ethics which included bringing health y and friendly relationship with employees by making PTCL hierarchy completely centralized. Moreover, they introduced the culture of indiscrimination and fair practices in all matters (Iqbal, 2012).I agree with this resolution since practicing such ethical values will provide better work environment to the employees. This will develop confidence in the lower staff and thus they will no more hesitate to express their ideas, interest and knowledge with others and thus will result in progress in all domains.Iqbal, T. (2012, Jan 17). PTCL management issues revised statements of ethics and own(prenominal) information form. Retrieved October 26, 2012, from