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The Grifters :: English Literature Essays
The Grifters Imagery in The Grifters The Novel and Film of The Grifters had numerous employments of imagery, supporting the subject of...
Friday, December 27, 2019
From 1789 to 1799, Who Posed the More Dangerous Threats to...
Between 1789 and 1799, France went through one of the most dramatic events of modern European History: the French Revolution. The French population went through economic chaos, a dictatorship, and a civil war as well as other dramatic changes. During these years, the French decided to speak up for themselves and they became enemies of the French revolution. Internal enemies included the King, Louis XVI, Monarchists and Royalists and the Churches that were run by refractory priests. External threats were caused by aristocrats who had fled the Revolution; more specifically known as ââ¬Å"à ©migrà ©sâ⬠, Austria and Prussia. The latter were the more dangerous threats to the Revolution. Ãâ°migrà ©s were typically traditional military leaders, so they hadâ⬠¦show more contentâ⬠¦They also promised an invasion of France on his behalf. Even though the Girondin leader, Brissot, wanted Louis XVI to remain in power, he felt threatened by The Declaration of Pillnitz and declared war on Austria. This further imperilled Louis, especially when Prussia joined Austriaââ¬â¢s allies shortly afterwards. France was unprepared for the war and fled. This left the country vulnerable to counterattack. However, Austria and Prussia were not always huge threats as there were distractions from time to time: one of them being the invasion of Poland. Internal enemies of the French Revolution included Louis XVI as well as his wife, Marie Antoinette. Louis kept a supportive front toward the Revolution yet he remained in contact with Austria (like his Austrian wife), Prussia and Sweden asking for help to restore the Monarchy. When Louis tried to escape with his family and failed, the population began losing faith in their King, something that previously was not the case as he was rather popular. He was returned to Paris as a prisoner and reluctantly agreed to the Civil Constitution. The fact that Louis also greatly opposed the Rights of Man also led to his growing unpopularity. On top of that, the Sans-Culottes contributed to the French revolution a great deal. However, they believed they did not receive the respect they deserved and started to rebel in theShow MoreRelatedFrom 1789 to 1799, Who Posed the More Dangerous Threats to the French Revolution: Its External Enemies or Its Internal Enemies?891 Words à |à 4 PagesBetween 1789 and 1799, France went through one of the most dramatic events of modern European History: the French Revolution. The French population went through economic chaos, a dictatorship, and a civil war as well as other dramatic changes. During these years, the French decided to speak up for themselves and they became enemies of the French revolution. Internal enemies included the King, Louis XVI, Monarchists and Royalists and the Churches that were run by refractory priests. External threats
Thursday, December 19, 2019
Relationship Between An Individual And The Person
Intro Boundaries give each person a sense of legitimate control in a relationship. Professional boundaries are the limits to the relationship of a worker and a person in their care which allow for a safe, therapeutic connection between the worker and that person (and their nominated partners, family and friends).All formal working relationships need rapport and trust to function well. This is particularly relevant to the relationship between an individual and the person/s who are employed to provide them with home care ââ¬â carers or support workers. It is certainly important that the carer makes sure clientââ¬â¢s feel at ease with approaching and relating to them ââ¬â but it is equally important that the lines donââ¬â¢t become blurred. This relationship between an individual and their carer, should never come at the expense of maintaining clear professional boundaries. Successful and ethical working relationships are based on a clear understanding of what the carers role is ââ¬â and just as importantly ââ¬â what their role isnââ¬â¢t. The work is personal ââ¬â but carers have to maintain professional boundaries. These boundaries protect the worker from burn out ââ¬â AND protect the client from having a staff member encroaching on their private affairs Professional Behaviour Staff should never exhibit behaviour that is unprofessional. Unprofessional behaviour includes the subjects already mentioned here but may also include: Being late for shifts Asking you if they can leave a shift early or startShow MoreRelatedJob Satisfaction and Its Consequences1577 Words à |à 7 PagesJOB SATISFACTION AND ITS CONSEQUENCES JOB SATISFACTION AND ABSENTEEISM WHY DOESNââ¬â¢T JOB SATISFACTION HAVE A STRONGER RELATIONSHIP WITH ABSENTEEISM? A person may attend work even when dissatisfied with her job because she cannot afford economically to miss work. A person may be absent from his job when satisfied with his job because of a number of reasons such as personal illness, illness of a child, transportation issues (i.e., car broken down). In such circumstances, he may wantRead MoreEssay on Assignment 206 Task a834 Words à |à 4 Pagesdifferences between a working relationship and a personal relationship. A working relationship is a relationship where time is spent with both colleagues and service user during working hours. This relationship means there is little or no contact out of working hours. The relationship is strictly professional. On the contrary a personal relationship is where personal life and extracurricular activities and social life become involved with service users and other staff. Working relationships do not allowRead MoreHow Do Men And Women Use Different Nonverbal Cues1287 Words à |à 6 Pagesattraction in potential romantic partners? This research question can be applied to anyone that has ever felt attracted to another person. It is a broad topic, in the sense that it applies to both males and females and the findings can be applied to any heterosexual attraction encounter. There is a substantial amount of communication research done on the topic of relationships and marriages. It is a topic that many people are interested in because love and the idea of having and keeping a life partnerRead MoreUnderstand the Principles of Developing Positive Relationships with Children, Young People and Adults1546 Words à |à 7 Pagesprofessional relationships with children, young people and adults 1.1 I am going to use the role of a T.A for the purpose of explaining the importance of communication and relationships simply for example purposes. (A) Communication has always been the most important skill when socialising and building relationships with people. When first meeting or approaching an individual, be it a child, young person or adult, body language and facial expressions can form good vibes between individuals. By bearingRead MoreThe Brain Is Wider Than The Sky1416 Words à |à 6 Pagesfathom today. This mental state, depression has affected countless people throughout time. To get to our central point, depression causes deterioration in relationships, especially romantic ones. To understand how to mend relationships and build ourselves up as a community, we need to begin a discussion about depression within romantic relationships. Itââ¬â¢s time to offer solutions and open communications with one another to help each other in this very human struggle. Depression affects 350 millionRead MoreFirst Impressions Are Not Last Impressions1608 Words à |à 7 PagesFirst Impressions are Not Lasting Impressions When you see a person in a wheelchair, a person with no legs, or a person with physical abnormalities what is you reaction? Do you stare with curiosity? Do you pretend to be indifferent and walk by like there is no person there at all? Are you disgusted or stricken with pity? Or do you see them as a person, just like you, living their life the best they know how? Our perception of people are largely based on their physical appearance and often theRead MoreHow Intelligence Did Not Have A Better Effective Working Memory?981 Words à |à 4 PagesAnother example is that one person may be better in the mathematical field and another better at english, but this should not determine how much information each person can comprehend and retain. The issue at hand was that I did not know what the actual meaning of intelligence was. I later learned that for one to be intelligent means that he or she has the ability to acquire and apply knowledge and skills. Learning the definition of intelligence lead me to the connection between a personââ¬â¢s working memoryRead MoreRelationship Satisfaction Is An Important Part Of Romantic Relationships1295 Words à |à 6 PagesRelationship satisfaction is an important part of romantic relationships. A lack of satisfaction can lead to consequences in other areas of life and eventually, the destruction of the relationship. For example, job performance is heavily influenced by romantic relationship satisfaction. In a study by Greenhaus and Beutell (1985), they argued that poor satisfaction leads to poor job performance and vice versa. They stated this was to because these two spheres are ââ¬Å"interdependent.â⬠Satisfaction canRead MoreHow Do Gift Exchanges And Commodity Transactions Shape Your Everyday Interactions With Others?1261 Words à |à 6 Pagestransactions shape your everyday interactions with others? The flow of gifts and commodities between individuals is a significant aspect of our society as a whole. Gifts are things, often material objects, that are exchanged between groups or individuals that have some kind of relationship. The value of this gift is dependent on the nature, significance and goals of the relationship. Commodities are objects that move between people through transactions with minimal interaction or attachment. In this pieceRead MoreThe Theories Of Piaget And Vygotsky933 Words à |à 4 Pagesand Vygotsky The following sections explain the theories of Piaget and Vygotsky. Piagetââ¬â¢s Theory Piagetââ¬â¢s theory states that individuals learn from within a person (Lourenco, 2012). Vygotskyââ¬â¢s Theory Vygotskyââ¬â¢s theory states that individuals learn from social interactions (Lourenco, 2012). Similarities in the Theories of Piaget and Vygotsky There are many similarities between the theories of Piaget and Vygotsky. The following sections will discuss the similarities. Genetic Perspective Piaget and Vygotsky
Wednesday, December 11, 2019
Marketing Research on a Wig Store in Vienna free essay sample
This question will require us to answer more than one marketing question regarding this dilemma. Firstly, according to the current state of our research we do not have any specific knowledge/information regarding the demand for wigs in Vienna, Austria, amongst different groups of customers. Secondly, we do not have concrete knowledge regarding our possible competitors in the wig market. In addition to that, as of the current situation we do not have any specific targets for the prices we would like to charge for our wigs and the preferences of our main target group. . 2. Purpose of research project In China there is a manufacturer of wigs called ââ¬ËSarah Wigsââ¬â¢, and we would like to be its distributors in Europe. Our first milestone is Vienna, Austria. We want to conduct an exploratory research first of all in order to know the potential growth of the wig business in Vienna, Austria and then in case we get positive results- we will be able to open up a chain of wig store al l over Europe and get profits from this business. Research Questions we will have to answer : â⬠¢ â⬠¢ â⬠¢ How large scaled is market and demand for our product? Who are our potential customers? How large is demand on our product in Vienna? How can we find out there age, gender, respect of income and their willingness to pay for our product? 8 â⬠¢ â⬠¢ â⬠¢ â⬠¢ â⬠¢ What are the prices we should be charging for our wigs? Will it be profitable for us? What are the main types of wigs preferred by Jewish religious women living in Austria? How should our service look like? What could be the potential demand for wigs in the future? Who are our competitors in a given market and how can we predict the level of sales we should expect over the next five years? 9 3. Research design and methodology 3. 1. Secondary research Before conducting primary research we needed to conduct secondary research. We divided secondary research into three parts. First we would gather information from the internet (from blogs, web-sites, discussions) and try to analyze general priorities, characteristics and values of Kosher wigsââ¬â¢ consumers who are married orthodox Jewish women. We knew it would be a great challenge to find out precise and accurate information about the demand and uses amongst married orthodox Jewish women who are also Viennese residents from the worldwide web, but still we knew that the information even if not 100% accurate and even though not going into much detail would be helpful for us to see what the demand for kosher wigs in Vienna is. We needed to have enough knowledge about kosher wigsââ¬â¢ consumers as well as about the rules and obligations according to the Jewish Halakha law. We found out that the Halakha law is the same for every married Orthodox Jewish woman, no matter of her place of residence, to cover oneââ¬â¢s hair after getting married. Only after finding out some general information we would narrow our research and specifically focus on consumer behavior in kosher wigsââ¬â¢ market in Vienna. We would like to gather information from already existing wig companies located in Vienna. However, once again because the field of research is very narrow we had to research a lot and at the same time be very specific and accurate on what our research target was. For this reason we decided to contact Jon Renau an international wig company located in Vienna which provides kosher wigs/Sheitel with Kosher certification under the Bedatz Hecksher from the Bais Din of Rabbi Gross in Eretz Yisroel. Our third step would be to conduct an experimental research in a given wig company and observe the natural consumer behavior during natural circumstances. Our main research 10 question was to find out the current demand for kosher wigs in Vienna, Austria at present. We also wanted to find out the characteristics of the most desired and purchased wigs (paying a close attention to quality, length, and type amongst other things). We further wanted to find out what is the average price consumers are willing to pay for kosher wigs. The main advantage of this kind of secondary research was that we would be able to gain reliable data from an already existing company and we would be able to use this data figures to plan for the future when it comes to our company. First as planned we gathered information from internet web-sites and blogs about Kosher wigs. We wanted first to find out what is the primary concern for a married orthodox Jewish woman wearing a wig. As we found out the main concern for consumers is to have the certified proof that the wigs are manufactured under rabbinic supervision according to Halakha law and that the wigs do not contain any Indian hair in them. We also wanted to find out the general attitude of a married orthodox Jewish woman towards wigs and correspondingly her willingness to pay for it. As we found out Jewish women donââ¬â¢t find wigs as a luxury but as a requirement and obligation required by the Jewish religion. For this reason Jewish women donââ¬â¢t find wigs as a luxury but as a pure obligation and requirement to properly observe their religion. For this reason their average willingness to pay for natural wigs is high and on average ranges from 900-1200 Euros. After secondary research would be gathered from the internet we decided to conduct secondary research from real businesses, from an already experienced wig company located in Vienna which specifically focuses on providing kosher wigs to married orthodox Jewish women living in Vienna. Taking into consideration all these facts we chose the Jon Renau company. Jon Renau is a family owned business that has become an international leading manufacturer of wigs, hairpieces, hair additions and hair extensions. We visited one of the 11 main representative offices of Jon Renau, which is located in Vienna. We contacted Andrew, the store manager, through his Rabbi- Rabbi Wolf and asked the following questions: 1. What percentages of your total sales are the sales of kosher wigs? Andrew told us the following: ââ¬Å"When we were opening representative office in Vienna we thought that demand for specifically Kosher Wigs wouldnââ¬â¢t be high taking consideration the small population of Jewish married women in Vienna. However nowadays according to our analysis on average 200-300 wigs are sold monthly to people living in Vienna out of which up to 30 are Kosher wigs. On Average itââ¬â¢s 10 % of our income and considering the small population demand turns out to be high. â⬠2. What the mostly desired characteristics of the purchased wigs are? Andrew said that it is very hard to answer this question because even in this narrow field taste is very different. However, he said that 60% of women purchasing kosher wigs prefer European natural hair, and the favorite colors are black and brown. 3. What is the average price a married orthodox Jewish woman is willing to pay for a wig? According to their statistics on average women are willing to pay 800 Euros and more, depending on the type of hair used, length, color and where the wig was manufactured. 3. 2. Qualitative research focus group 3. 1. 1. General We conducted one focus group to collect our qualitative research data. There were eight women who attended and took part in the focus group. Our focus group was recorded and consisted of a number of open-ended questions. 3. 1. 1. 1. Group selection The selection of our members was based on the following criterion: 12 â⬠¢ â⬠¢ Gender, they all had to be women Age, we wanted to have a wide range of ages. Anything from 18 years old to 75 years old. â⬠¢ â⬠¢ â⬠¢ Religion, they all had to be orthodox Jews City of residence, they all had to be Viennese residence English speakers, as we will conduct the focus group in English thus all participants have to speak English. 3. 1. 2. Place Due to a lack of budget, we had to be quite strict with our expenditure costs and thus decided to limit the cost expenditures for the conduction of the focus group to an amount of no more than â⠬500. This meant that we could spend up to â⠬200 on a place to hold the event of the focus group. Knowing that all the women who would attend the focus group would be married orthodox Jewish women, we had to choose a modest (not too fancy) place where we could provide kosher refreshments. Hence, we conducted the focus group in the Lauder Business School Mensa, where we provided light refreshments and soft drinks. 3. 1. 2. 1. Asked questions The majority of the questions asked were open-ended questions. This will allow our participants to voice their opinion and have discussions with us and the other members participating. We will be asking the following question during our focus group. 1. Tell us a little bit about yourself? 2. How many wigs do you own and how often do you wear them? 3. What is your preferred color of a wig? Why is it preferred? 4. What do you consider a good quality wig and what types of hair do you like for your wig? 13 5. Where do you usually purchase a wig, and why? 6. What is the average price you are paying for a wig and what influences your decision? 7. Will the fact that the company is donating 10% of its revenues to a charitable organization influence your purchasing decision? 8. Which wig from our samples did you like the most, and which the least. Explain why? 9. Will you consider buying a wig from us- ââ¬ËSarah Wigsââ¬â¢ in the future, and if so how much would you pay for this. 3. 3. Sampling plan In the beginning of the project we faced a decision upon what sampling methods to use. We decided to use cluster sampling (probability samples) for our questionnaire and convenience sampling (nonprobability samples) for our focus group. Cluster sampling: this type of sampling first divides the targeted population into subpopulations. We took our Viennese Jewish population and divided it into three subpopulations where we were mostly likely to encounter orthodox Jewish married women. We divided our population into the following subpopulations: â⬠¢ â⬠¢ Jewish ethno groups according to synagogues Jewish schools in Vienna where mothers pick their children up Convenience sampling: this form of sampling obtains a sample from convenient elements. This means that participants are selected because they fit the criterion of those people who we seek to obtain information from. We used this form of sampling for our focus group and approached the women in places where we know they are most likely to be orthodox Jewish married women. 14 3. 4. Data collection instrument To answer the main questions we had in our project proposal plan we came up with a questionnaire and a list of questions for our focus group. These questions had to answer our four main questions from the proposal but even more so in further depth. Our four main questions in the project proposal were as follows: 1. Who are our potential customers? 2. What is the current demand for wigs in Vienna, Austria? 3. What are the prices we should be charging for our wigs? 4. What could be the potential demand for our wigs in the future? We conducted a questionnaire to answer these questions in more depth and detail. The purpose of the questionnaire was to answer the following questions: 1. Do you live in Vienna? This will answer our questions about roughly how many customer we will have in Vienna, as we will open our store in Vienna. 2. What is your age? This will be helpful for our general information about our potential customer. 3. Which ethno religious group do you belong to? This will answer our question about what ethno groups are residing in Vienna and if these ethno groups are the ones who pay much emphasis to the wig wearing Halakha law. . Which movement do you belong to? This will answer our question about what streams of Judaism do those potential customer who are residing in Vienna belong to and if these Jewish streams are the ones who pay much emphasis to the wig wearing Halakha law. 5. Have you ever used a wig? 15 6. Why not? These two questions above will allow us to see if this individual is a potent ial customer for us. 7. Do you own a wig? 8. Why not? These two questions above will allow us to know which individuals are potential clients and which are not. 9. How many wigs do you own? This will allow us to have a rough estimate of what the demand for wigs will be. 10. How often do you purchase a new wig? Here we will answer our question of what is the frequency in which these women purchase new wigs. 11. How often do you use wigs? Here we will be able to see who will be a more frequent customer and who will be an occasional customer, as a woman who will tell us that she uses her wig on a daily basis is one who is likely to purchase new wigs more frequently, whilst a woman who tells us that she rarely uses her wigs is one that is less likely to be a frequent potential customer of ours. 2. What color of wig do you prefer? This will answer our question regarding the preferences in the colors of wigs that our potential customers will have. We will be able to know what colors are most favorable amongst our potential customer group and thus assist us in knowing what products we should supply and more or less in what quantities. 13. What type of hair do you prefer? 16 Li kewise, this will answer our question regarding the preferences in the type of hair for the wigs that our potential customers will want. We will be able to know what hair type is most favorable amongst our potential customer group and thus assist us in knowing what hair type wigs we should supply and more or less in what quantities. 14. What types of wigs do you mostly own? This question will once more give us further in-depth regarding the preferences of the types and styles of wigs that our potential customers like the most and will assist us in knowing what wigs we should supply at our store, once opened. 15. What is an average price of your currently owned wigs? ( in â⠬) This question will allow us to know the average price we should charge for our average wig. 6. What is your net family annual income( in â⠬) This will further give us insight about the abilities of our potential customers. We will be able to see roughly what socioeconomic group we are dealing with and thus adjust the products we supply accordingly. 17. Where did you buy these wigs? This question will allow us to see who our main competit ors are which will allow us to further investigate and after investigation plan a means to provide our potential customers greater satisfaction than they currently get from our competitors. 18. Have you ever heard of our company? This question will allow us to see how many of the potential customers know about us and about the service we plan on providing. It will allow us to see how much marketing we need to do, where and to whom. 19. Where did you hear about it? 17 This will allow us to see in which places we are already known and in which places we are not yet known. 20. Will the fact that a company is donating tithe from every sold wig influence your purchasing decision? This question will answer a few matters of interest that we have in finding out. â⬠¢ Firstly, it will give us further in-depth into how we need to conduct our marketing campaign. Secondly, it will allow us to promote ourselves to our potential customers and future potential customers by creating an image of our company, as a company who does charitable work and so on and so forth. 21. What would you expect from your new wig? This will answer our question of what are the main expectations our potential customers have from purchasing a wig and thus allow us to meet these criterions. The purpose of the focus group was to answer the following questions: 1. Tell us a little bit about yourself? Find out a bit more about our potential customers; get some more insight to their personal life, religious life, etc. Get insight into what ethno religious group do they belong, what religious stream do they fellow and so on and so forth. This will answer our question about what ethno groups are residing in Vienna and if these ethno groups are the ones who pay much emphasis to the wig wearing Halakha law. 2. How many wigs do you own and how often do you wear them? Here we will be able to see who will be a more frequent customer and who will be an occasional customer, as a woman who will tell us that she uses her wig on a daily basis is one who is likely to purchase new wigs more frequently, whilst a woman who tells us that 8 she rarely uses her wigs is one that is less likely to be a frequent potential customer of ours. (We acknowledge the fact that different ethno religious groups have different frequency usage, part of the time they may wear a wig and part of the time they may use headgears) With regards to the part of the question concerning the quantity of wigs they own, this will allow us to ha ve a rough estimate of what the demand for wigs will be. We will also be able to see the frequency in which these women purchase new wigs. 3. What is your preferred color of a wig? Why is it preferred? This will answer our question regarding the preferences in the colors of wigs that our potential customers have. We will also be able to generate information about underlying reasons of the preferences of our main target group. This will assist us in knowing what products we should supply and more or less in what quantities. 4. What do you consider to be a good quality wig and what types of hair do you like for your wig? This will allow us to have further insight regarding what quality are our potential customer looking for when purchasing their wigs. What criterion do our wigs need to meet in order for them to consider it to be a good quality wig. With regards to the second part of the question this will help us to understand the preferences in the type of hair mostly demanded. 5. Where do you purchase your wigs? Please specify the name of the store, the name of the website, the name of the magazine, or the name of the factory from where you order it, and why? This will give us information about who our main competitors are and what competitive advantages do they have. 10. What is the average price you are paying for a wig and what influences your decision? 19 This will give us insight about what are the prices our potential customers are willing to pay for a wig and thus will allow us to adjust our pricing accordingly. 6. Will the fact that the company is donating 10% of its revenues to a charitable organization influence your purchasing decision? This question will answer a few matters of interest that we have in finding out. â⬠¢ Firstly, it will give us further in-depth into how we need to conduct our marketing campaign. Secondly, it will allow us to promote ourselves to our potential customers and future potential customers by creating an image of our company, as a company who does charitable work and so on and so forth. 7. Which wig did you like the most and which of the wigs did you like the least? Please, explain why. After providing the sample wigs to our focus group members, we will able to have a better understanding of the priorities our target group has. 8. Would you consider buying a wig from us (Saraââ¬â¢s Wigs) in the future and if so how much would you pay for this wig? This will show us how many potential customers we in actuality have. This will give us insight about what are the prices our potential customers are willing to pay for a wig and thus will allow us to adjust our pricing accordingly. The last two questions were presented to our participants after having shown the sample of our wigs. 3. 5. Experimental research The main purpose of our experimental research was to observe consumer behavior and find out if the kosher wig market business is profitable in Vienna. Thanks to the Jon Renau 20 Company and their extremely kind store manager, Andrew we were able to conduct this experiment for one month. Our experiment was of such a nature: â⬠¢ For one month we observed consumer behavior with which we were able to answer following questions: ? On average how many kosher wigs are sold in a month? ? What are average monthly profits that the company makes? ? What wigs do customers like best? ? What wigs do customers like least? We observed that out of 280 wigs sold in a given month 27 were kosher wigs. The profits made from these 27 wigs amounted to 24,400 Euros. 8 wigs purchased were European manufactured ones, and most desired colors were black, brown and blond. Surprisingly to us the most desired length of wigs was short and customer ages ranged between 23-50 years old. This experiment was extremely advantageous to us as we were able to observe consumer behavior in a natural environment without any artificial questions to which people had to think and answer theoretically . 3. 6. Data collection and data entry In order to make more in-depth marketing research we had to do secondary research as well as primary research. Secondary research was divided in two parts. â⬠¢ First we searched for general information and opinion about what are the main concerns and characteristics of Kosher wigs in Internet (from blogs and web-sites) â⬠¢ Only after that we narrowed our research and focused on one specific company who sells kosher wigs in Vienna. After secondary research we conducted primary research and also divided it into two parts; qualitative and quantitative. We conducted focus groups where we used non- 21 representative (convenience sample). We specifically chose married Jewish orthodox women who would discuss their opinions and concerns and give us sufficient information to help us see what the demand for kosher wigs in Vienna, Austria is. In quantitative research we used cluster sampling. In our research we applied the following types of research methods: â⬠¢ Secondary research ? Information gathering from already existing sources ? Experimental research â⬠¢ Primary research ? Survey ? Focus Group 22 4. Data analysis and results 4. 1. Qualitative data analysis results â⬠¢ Is there a demand for a new wig store in Vienna? According to our focus group we have seen that our main target group, Jewish religious women are greatly interested in a new wig distributor in Vienna. Due to the fact that covering oneââ¬â¢s head in Jewish religion is both ââ¬â a Torah commandment and a tradition, the percentage of women wearing wigs is very high among all Jewish religious women, namely Ashkenazi Jews and some Sephardic. For instance, after conducting a focus group we understood that a lot of different aged women are ready to purchase wigs for themselves and their daughters, cousins, and sisters , etc. and that there is a demand for a shop offering kosher certified wigs. However, the exceptional cases comprised low- class women, which thought our prices to be too high. Low-class women thought there is no need for a new wig distributor in Vienna, they didnââ¬â¢t like our price ranges and claimed that there are already stores offering wigs, and moreover it is much cheaper to order wigs online. Even after sug gesting that we would like our price to include 10% ââ¬Å"mesudaâ⬠- donations to poor children and orphanages, they were not willing to pay â⠬1200 for a wig, a price of wig charged by our suppliers, the company ââ¬ËSarah Wigsââ¬â¢ in China. We explain it with two reasons. First of all, donations are obligatory in Jewish religion, and a person should anyways donate 10% of his income to charity, so there is no need for our suggestion to those people who are scarce of monetary resources. Secondly, religious life can be sometimes very expensive, including higher costs on kosher food, maintenance of a lot of children, costs on accommodation in the Jewish districts. Therefore, low-class families cannot afford purchasing a wig for this price. However after watching sample wigs we offered they agreed the quality to be 23 ood, and admitted they would like to receive such kind of a wig as a present. Since our target group is initially middle-class and wealthy women it would be a challenge assessing them. Surprisingly, we found out which kind of service our potential customers would like to experience. In order to understand the psychology of these women, we should look inside the traditions and rules of life according to which th ese people have been living almost for 6000 years. They are very modest and extremely conservative. While the conversation they complained about the lack of privacy in the wig stores. For instance, some of them consider showing their hair among other women as something of an immodest behavior. So one of their wishes was to have a private service in a wig store, where they could feel comfortable and try all the variety of wigs. However some of them didnââ¬â¢t have problems with trying out wigs in a common hall. General reception of our sample wigs was very good. Independently of the age, annual income and ethno religious group, they liked the quality of our wigs. They liked the type of hair used, how naturally they looked, and the way they are made, the material used inside. In conclusion, our focus group and the reaction to the samples provided indicate that there is a demand for a new wig distributor in Vienna, offering one-to-one service. â⬠¢ What is the average age consumption in the market? And how much they are willing to pay? We described our main target group as Jewish religious women, but who is considered to be a woman in a Jewish religion. Is there any specific age when girls become women, and start covering their heads? After an extensive research conducted on our target group, we found out this is not about a specific age. For instance, a girl becomes a woman after getting married, and since she is married covering her head is obligatory. Therefore, the average age consumption for 24 our product is 18 82, as 18 is considered the allowed age to get married in Judaism (YAAKOV, 2006) and 82 is the average age of death among women in Austria (Pavlov, n. d. ). Due to this fact, women of different ages participated in our focus groups. We found out that the demand for our product didnââ¬â¢t depend on the age, but rather on the income and social level of the family of this woman. Our first focus group mostly consisted of women of a middle and high class, with annual income higher than â⠬20,000. They were very surprised with the prices we offered for our wigs. When we showed them our sample wigs, they were willing to pay more than â⠬1500. Our second group was quite intensive about pricing, and said their purchase decision depends highly on the purposes of their purchase. For instance, a lot of women have more than one wig. Purchasing a new wig for a special occasion, celebration or holiday is very popular. Therefore, they were ready to pay more for a holiday wig. A holiday wig is the one usually with a natural hair, handmade and preferably a long one. Moreover, the fact that we are going to donate 10% of each wig bought to charity was perceived very positively by women of middle and high class. In a nutshell, we understood that for all the women the price is mostly connected with the hair type we use in our wigs, whether it is handmade, and its readiness to be worn. Surprisingly, we found out interesting moment in a consumer behavior of our main target group. When a woman comes into a shop, she wants to see the final product, the wig ready-to-wear, which should be only adjusted with small details. â⬠¢ Which preferences do our customers have mostly? We noticed two main preferences our target group has with regards to the length of the wig and also the type/quality of the wig. 25 Surprisingly it was the opposite of what we were expecting. We were sure that the younger generation would prefer somewhat fashionable and longer wigs than the older generation (that would rather prefer stricter and shorter wigs). However what we noticed was that the younger women prefer the strict and middle-length wig because they are going to be married or just have been married and they are still very excited about the idea of a wig, the meaning behind it (that a woman should show her real hair only to her husband because the hair is a very sensual thing). But the older women are more likely to purchase longer wigs with different haircuts because they would like to innovate with their style. For instance, they ate tired of the same image all their life. About the type and the quality of the wig almost every woman in our focus groups agreed that it should be handmade and only natural hair. The style of the wig they prefer was quite different, but women were opened for innovations. Mostly all women are accustomed to wearing a wig with a bang, for it seems to be more natural. But nowadays we are living in the 21st century, there are more innovations with every passing day- women are expecting their new wig to look natural without a bang. Moreover, part of the women was at first hesitating about Asian hair we use but after we gave them our sample wigs for a trial, they changed their opinions. In order to further create a positive image of our company, we need to think about some women- community events in which we will be able to demonstrate wigs to women who are still hesitating about the quality of the Asian hair. â⬠¢ How our service should look like? According to our focus group we came to several conclusions with regards to the service we should provide to our customers. On the one hand, our main goal is to ensure that our shop doesnââ¬â¢t contradict to any Torah commandments, Jewish laws and traditions. The first and the most important thing for us would be to ensure that all wigs are kosher, that they donââ¬â¢t contain 26 Indian hair. Almost all women agreed that absence of kosher certificate on the wigs would influence their purchase decision greatly (they will not purchase it). The next thing would be to provide private room for women who do not feel comfortable trying wigs in the common hall. For instance, some of the women consider showing their natural hair even to other women immodest. Our staff members will also be only female, in order for all the women to feel convenient. On the other hand, our target group will not only be satisfied with a purchase of a good quality wig. They dont know how to treat their wigs in order for them to stay in the same shape they were bought. The women complained a lot about the Internet shopping, they felt being left alone after purchasing the wig. Therefore we are going to introduce the buy and stay concept. We will offer a ââ¬Ëbeauty salonââ¬â¢ service that will be specialized in taking care of wigs. ââ¬ËSarah wigsââ¬â¢ will send one of their stylists that will be responsible for this specific service. Right after the women chose a wig from our variety, the stylist will adjust it to her head. Afterwards a woman will be able to bring her wig for a wash, restyling, or any other required procedure. Of course the prices for the women, which purchased our wigs will be significantly reduced. With the help of this salon we will make our customers feel more secure. They will know that we are nearby and ready to help with any problem that might occur. In addition we decided to provide a 3-5 years guaranty for our wigs (the number of years will depend on the precise wig). We want to do so because we see the scarcity of trust among our target group. 4. 2. Quantitative analysis and results With our data collection we gained answers to our research questions. The following information is the analysis of our questionnaire: 27 â⬠¢ Question 1: With the collected data we identified the percentage of women who are living in Vienna. As it seen in Table 1 and Figure 1, 97% are living currently in Vienna, and 3% are not. Do you live in Vienna? Frequency Vienna Valid not in Vienna Total 243 7 250 Percent 97 3 100 Table 1: living in Vienna Figure 1: percentage of people who live in Vienna 28 â⬠¢ Question 2 In the following graph you can see the distribution of the responders by age: 15-25 years11%, 26-35 years- 20%, 36-45 years- 33% (the majority), 46-55 years- 22%, 56-65 years7%, 65+ years- 5%. With this information we can determine our target group, to which we will address our products. What is your age? Frequency 15-25 26-35 36-45 Valid 46-55 56-65 55+ Total Missing Total System 28 50 81 54 18 12 243 7 250 Percent 11 20 32 22 7 5 97 3 100 Table 2: age of respondents Figure 2: age of respondents 29 â⬠¢ Question 3: In this question we determined to which ethnicity group each respondent belongs. Ethnicity group determines the traditions, and after- the different moves in the Judaism, to which the religious women belong. For each ethnicity group there is different traditions regarding the usage of the wig. As seen in the table and the figure below, there is a large majority- 70% of Ashkenazi women, and 27% of Sephardic women. Which ethno religious group do you belong to? Frequency Ashkenazy Valid Sephardic Total Missing Total System 176 67 243 7 250 Percent 70 27 97 3 100 Table 3: the ethno religious groups of respondents Figure 3: the ethno religious groups of respondents 30 â⬠¢ Question 4: In this question we found the breakdown of the different movements of Judaism regarding the women in Vienna. As seen in the table, there is a large majority of women that belong to the Chabad- 70%. Then, the Gur movement with only 8%, Lithaim- 6%, Reform- 5% and Others8%. Which movement do you belong to? Frequency Chabad Gur Valid Lithaim Reform Other Total Missing Total System 176 20 14 13 20 243 7 250 Percent 70 8 6 5 8 97 3 100 Table 4: To which movement the respondents belong Figure 4: To which movement the respondents belong 1 â⬠¢ Question 5 Comparison of total number of wigs owned and age of respondents. In the following table we compared the two variables, age and number of total wigs owned. The majority of women between ages 26-55 own 3-5 wigs (age 26-35: 11%; age 36-45: 30%; 4655: 10%). How many wigs do you own? What is your age? Count What is your age? 15-25 1-2 How many wigs do you own? 3-5 5+ T otal 12% 0% 0% 12% 26-35 8% 11% 1% 21% 36-45 1% 30% 2% 33% 46-55 5% 10% 8% 32% 56-65 0% 0% 7% 7% 65+ 0% 0% 5% 5% 26% 51% 23% 100% Total Table 5: Comparison of age and number of total wigs owned Figure 5: Comparison of age and number of total wigs owned 32 â⬠¢ Question 6 In the following question we compared the frequency of purchasing wigs and the net annual income in the family of the woman. 30% of women that have 20,000-29,000 euro annual income are purchasing a new wig once in 5 years (the majority of that segment), the majority of the group of 30,000- 39,000 euro income- 16%, is purchasing a new wig once in 2-5 years, and the majority of the group that has 40,000-49,000 euro income, as well as 50,000+ euro income purchases a new wig once a year (5% and 3%). How often do you purchase a new wig? What is your net family annual income( inâ⠬) What is your net family annual income( inâ⠬) less that 10,000 10,00019,000 20,000 29,000 once a year How often do you purchase a new wig? once in 2-5 years once in 5 years+ Total % of Total 1% 24% 42% 21% 9% 3% 100% % of Total 1% 18% 30% 4% 0% 0% 54% % of Total % of Total 0% 0% 0% 1% 5% 3% 9% 30,00039,000 40,00049,000 50,000+ Total 0% 6% 12% 16% 3% 0% 37% Table 6: Comparison of frequency of purchasing wigs and net annual income 33 Figure 6: Comparison of frequency of purchasing wigs and net annual income Question 7: â⬠¢ In this table we measured the preference of wig colors. The majority of the women prefer black (39%) and brown colors (35%), 16% prefer blond wigs, and a small percent of 4% prefer grey hair, and 2% for red hair. What color of a wig do you prefer? Frequency black brown Valid blond red grey Total Missing Total System 98 87 41 6 11 243 7 250 Percent 39 35 16 2 4 97 3 100 Table 7: Preference of wig color 34 Figure 7: Preference of wig color â⬠¢ Question 8: In this question we measured the percentage of respondents that prefer Asian or European hair. The majority (61%) prefers Asian hair, when 36% prefers European hair. Which type of hair do you prefer? Frequency Asian Valid European Total Missing Total System 153 90 243 7 250 Percent 61 36 97 3 100 Table 8: Which hair type do you prefer? 35 Figure 8: Which hair type do you prefer? â⬠¢ Question 9: Here we determined the percentage of respondents that prefers factory made wigs or handmade wigs. The majority (62%) prefers handmade wigs, when 35% prefers factory made wigs. What types of wigs do you mostly own? Frequency handmade Valid factory made Total Missing Total System 155 88 243 7 250 Percent 62 35 97 3 100 Table 9: Preferable type of wig 36 Figure 9: Preferable type of wig â⬠¢ Question 10: This table illustrates the preferable price of the everyday wig for the respondents. As seen, the majority of women are buying the wig for 401-600 euro (60%), 22% prefer to buy their wig for 250-400 euro, the small number of 6%, will pay 601-1500 euro, and 8% will pay 1501+. Average price of an everyday wig Frequency 250-400 401-600 Valid 601-1500 1501+ Total Missing Total System 56 151 16 20 243 7 250 Percent 22 60 6 8 97 3 100 Table 10: average price of everyday wig 37 Figure 10: average price of everyday wig â⬠¢ Question 11: This table illustrates the preferable price of the holiday wig for the respondents. As seen in the table, the majority will pay 1001-2000 euro per one holiday wig (70%), 17% will pay 600-1000 eur0, and only 11% will pay 2001+ euro per wig. Average price of a holiday wig Frequency 600-1000 Valid 1001-2000 2001+ Total Missing Total System 42 174 27 243 7 250 Percent 17 70 11 97 3 100 Table 11: Average price of holiday wig 38 Figure 11: Average price of holiday wig â⬠¢ Question 12: This table illustrates where the majority of the respondents buy their wigs. There is almost equal deviation between the 3 stores (32%- Magic hair team; 38%- Michaela Nagler; 27%- Stupnig Keg), and only 1% are buying in E-shops. Where did you buy these wigs? Frequency Magic hair team Michaela Nagler Valid Stupnig Keg E-shop Total Missing Total System 80 94 67 2 243 7 250 Percent 32 38 27 1 97 3 100 Table 12: place of wig purchase 39 Figure 12: place of wig purchase â⬠¢ Question 13: This table illustrates the amount of respondents that heard about our wig store. The majority, however, never heard about us (65%). Have you ever heard of our company? Frequency yes Valid no Total Missing Total System 81 162 243 7 250 Percent 32 65 97 3 100 Table 13: have you ever heard about our company? 40 Figure 13: have you ever heard about our company? â⬠¢ Question 14: In the following table, we analyzed the percentage of respondents that heard about our company, and from where they heard about us. The majority heard about us from word of mouth (56%), 49% heard about us from Jewish websites, and only 42% heard about us from Facebook. Heard Frequencies Responses N heard from facebook where did you hear about us a Percent of Cases 42% 56% 49% 146% Percent 30 40 35 105 29% 38% 33% 100% heard from word of mouth heard from Jewish website Total a. Dichotomy group tabulated at value 1.
Tuesday, December 3, 2019
Still Hungry in America Essay Example
Still Hungry in America Paper Still Hungry in America Marian Edelman Wright wrote the famous literacy narrative Still Hungry in America. Marian Wright has been a proponent for disadvantaged Americans her entire life. Edelmans career began after graduating from Spellman College and Yale Law School. After graduation, she became the founding president of the Childrens Defense Fund (CDF). In result of Edelmans phenomenal leadership, CDF has become the nations strongest voice for less-fortunate families and children. The mission of CDF is to leave no child behind. This mission was imposed to ensure that every child has a healthy start, a head start, a fair start, a safe start, and a moral start in life and a successful passage to adulthood. In addition, in the many professional positions Edelman held, her primary purpose was to stand up for the ones who lived in poverty and for the ones starving from food shortage. By writing Still Hungry in America, she intended to communicate this purpose so others would Join the cause and help prevent family and children starvation. Her objective in this particular writing is to how how important government assistance programs are too many Americans. She made it very clear in her writing, that although America is the richest nation in the world, many Americans still suffer from or is on the verge of starvation. She also made it very clear that it is important to fght for these programs whenever necessary because although these programs have proven to be helpful to the American people, there are some people out there who fill they are a waste of government spending. We will write a custom essay sample on Still Hungry in America specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Still Hungry in America specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Still Hungry in America specifically for you FOR ONLY $16.38 $13.9/page Hire Writer It is easy to draw this conclusion because Edelman had to fght back at several groups n the past who tried to defund state and government programs. She also attempted to persuade readers to see her point-of-view by elaborated on the struggles she encountered and overcame in the past. In addition, she had to fght for more programs that would help less-fortunate American on a large-scale level. In result, she help fght for the implementation and expansion of government programs such as food stamps. Moreover, Edelman uses specific quotes to build her argument such as Im not hungry, dont worry about it. These quotes add to her writing significantly. In result of using this quote, it is very clear that her writing is now a combination of ethos, logos, and pathos. This is true because ethos means convincing by the character of the author, pathos means persuading by appealing to the readers emotion, and logos means by the use of reasoning. All three of these terms are clearly seen in this particular writing. Personally, I believe this writing relies more on logos than any other term. I believe this because she is mainly persuading by reasoning. By diamannichols
Wednesday, November 27, 2019
Frankenstein The Memorable Monster Essays - Fiction, Literature
Frankenstein: The Memorable Monster Mary Shelley: Frankenstein March 7, 2000 The Memorable Monster In 1818, The British Critic, a British literary magazine, assessed Mary Shelley's new novel, Frankenstein, The Modern Prometheus. The reviewer wrote: We need scarcely say, that these volumes have neither principle, object, nor moral; the horror which abounds in them is too grotesque and bizarre ever to approach near the sublime, and when we did not hurry over the pages in disgust, we sometimes paused to laugh outright; and yet we suspect, that the diseased and wandering imagination, which has stepped out of all legitimate bounds, to frame these disjointed combinations and unnatural adventures, might be disciplined into something better. We heartily wish it were so, for there are occasional symptoms of no common powers of mind, struggling through a mass of absurdity, which well nigh overwhelms them; but it is a sort of absurdity that approaches so often the confines of what is wicked and immoral, that we dare hardly trust ourselves to bestow even this qualified praise. The writer of it is, we understand, a female; this is an aggravation of that which is the prevailing fault of the novel; but if our authoress can forget the gentlene ss of her sex, it is no reason why we should; and we shall therefore dismiss the novel without further comment. Dismiss the novel? How silly this person would feel now. Today, with our hindsight, it is easy to see why this assessment is so ridiculous. Indeed, the image of the lonely wretch and the misdirected Victor Frankenstein are two of literature's most lasting images. But, upon reading this commentary and realizing how wrong it was, I asked myself one question, why? Why is it that the wretch and its creator have remained so indelibly imprinted on our imaginations? We need scarcely say, that these volumes have neither principle, object, nor moral... Frankenstein was nothing if it wasn't moral. The novel poses numerous philosophical questions. Should man have the power to create? Do we have the right to destroy that which we create? How is evil created? Do we create our own evils? Is society's blind pursuit of science a strength or a weakness? Does this pursuit bring us closer to our virtues and ideals or drag us away from them? These are the questions at the core of Frankenstein. And, in fact, these are questions which have become very important in the last two centuries. With the rise of industry and technology, we no longer look to God for answers to questions which seem unanswerable, we look to our own science. But can this science be trusted in the way we trust our God? If our own science can answer these questions, how does God play a role? Are we our own God? Victor Frankenstein may have thought so for an instant. He is a character who embodies many of the struggles which characterized a new age-- an age where questions we previously thought would always remain a mystery were suddenly very much within our understanding, where powers we never thought we could possess are now very much under our control. when we did not hurry over the pages in disgust, we sometimes paused to laugh outright Perhaps the most important part of the monster is the how absolutely human it really is. It is at first hopeful, curious, and sympathetic, gradually mistreated, jaded, and disgusted, and finally angry, vengeful, and lonely. The wretch is not a monster which insights fear in us at all times. We are scared of its implications, but not necessarily itself. In fact, we often feel sorry for the wretch. The wretch is not intended to be gore for the sake of gore. It is violent at times, but the fact that we can sympathize, and even find humor in the description of the wretch is what makes it all the more lasting. The over-dramatic description may be very much a product of Shelley's time, but the ridiculous detail gives us loads of material to compare to ourselves, making it timeless. The idea of funny and evil at the same time is appealing and human. The writer of it is, we understand, a female; this is an aggravation of that which is the prevailing
Sunday, November 24, 2019
buy custom The Obama Health Care Bill essay
buy custom The Obama Health Care Bill essay Introduction The presidents proposal on the Health Care Bill is meant to make insurance more affordable to the Americans by reducing the tax on the middle class while improving on the health insurance market and fostering a greater accountability. It is also preordained to provide means to the end of discrimination and limit the strain on the budget. It provides more stability and security to those who already have the health insurance, a quality and affordable solution to those who do not have a health care insurance yet. For the Americans in general, it intends to offer a less costly health care to the families, businessmen, and government. The law is set to affect various groups, namely the American families, children, young adults, early retirees, women, rural Americans, small businesses, Asian Americans, Latinos, African Americans, Veterans, and Americans with disabilities among the other groups. Its impacts on the groups For the physicians, the work will become more difficult as they will be imperiled to more state principles and oversight. The bill provides for more bureaucracy as in under the sections 3002, 3403 and 6301 which complicates the existing payment rules for the doctors. The new law provides no Sustainable Growth Rate Formula (SGR) fix. Besides, Congress has revealed no preference to find a solution for the ruined SGR formula minus contributing to the federal deficiency instead of approving fiscal castigation and insisting on a frank restructuring of the Medicare program (Tony M.d., 2011). The purpose of th bill should be the improvement of the doctor-patient relationship rather than the third party as proposed. It does not provide a solution for the doctors most pressing concerns such as offence reform. To the families, the bill undermines the role of parents. It states that the beneficiary clinics must respect parental consent and notification laws that are not inconsistent with Federal law. This gives the teens more voice to engage into activities that may affect them negatively without the consent of their parents. The new PRE program offers $75 million annually for the endowments to aid states moderate pregnancies and resulting births among teenagers (Aaron Cato Institute, 2009). It, however, does not give the incentive to the states to attain this objective without increasing the number of abortion rates. The law gives a penalty to marriage by providing for a lower tax on divorced than on married couples. The senior is another group that is affected by the bill. The bill restricts them from access to the physicians by the third party that negotiates almost everything without their consent. Moreover, they are more likely to pay high taxes and have limited choices of the insurance premiums of their choice (Pipes, 2010). For the small businesses, the bill adds a load of work onto their budget by subjecting them to insure their employees. This is an advantage to the employees at the first glance but, considering that their pay will be subjected to cater for the insurance, they may have to pay for expensive health care insurance though their employers are without a voice. Thhe choice of their insurance will be left to the employers to decide and can be worse than they could have had it were it of their own control. For the Rural Americans, the law provides a financial relief for both the families and their seniors. It ensures that they have a variety of choices and secure insurance cover. It as well works on providing more doctors to the people at affordable premiums. It embarks on preventive care by ensuring the elimination of the co-payment programs that were inconvenient to the people. It aims at eliminating the insurance company discrimination while providing competitive services. For the Americans with disabilities, the bill provides a long-term insurance support eliminating the insurance company discrimination while expanding the Medicare program. The bill exempts churches and religious institutions from the health care coverage. It tends to assume that the church members belong to a particular group and are well catered for. This might not be the case and thus there is a need to properly define the standings. Conclusion As much as the Obama Health care bill proves to be giving new solutions to the different existing groups of citizens, it still has a lot to be amended. It should be reviewed for a better response to the needs of the citizens. Additionally, it should answer the questions that could arise in both the present and the future times. Finally, a clear definition of each group should be provided so that everyone is at a position of benefiting fully. Buy custom The Obama Health Care Bill essay
Thursday, November 21, 2019
Exam2 Assignment Example | Topics and Well Written Essays - 1250 words
Exam2 - Assignment Example At that time, the rent would be $ 10000 per month. The next question which arises is that, whether the entire amount of $ 4000000 would be given from internal sources of financing or an external loan should also be taken. If external loan is taken, then it would be obtained to an amount of $ 2000000 having an interest of 5% per year. If the building is constructed in 2017, then the accumulated amount of $ 4000000 can also be invested and an interest on such investment @ 3.5% would be obtained. The cost of the building would also be incrementing by 2.5% per year. Return on Investment has been calculated by taking into consideration that the interest rate on the investment of $ 4000000 is 3.5%. Question 1 Return on Investment Particulars Amount (in $) Invested Amount 4000000 Return on Investment for the year 2013 (from October to December) 35000 Return on Investment for the year 2014 140000 Return on Investment for the year 2015 140000 Return on Investment for the year 2016 140000 Tota l Return on Investment 455000 Return on Investment (in Percentage) 11.375% The return on investment is a performance measure that is used for evaluating the efficiency and accuracy of any investment (Megginson & Scott, 2008). It is an effective performance measuring tool, which helps in taking appropriate decisions by the company (Rachlin, 1997). It helps in avoiding flaws in the managerial decisions taken by any company. If the accumulated amount of $ 4000000 is invested, then an annual interest @ 2.5 percent would be earned every year till 2017. The interest earned in the 1st year is 35000 and the interest earned in next three years is $ 140000 each year. Total interest earned is $455000. Return on investment is 11.375%. Question 2 Inflation rate is described as the continuous increase in the price level of goods and services. It is calculated as the annual percentage rise. Findlay is the name of a city in Ohio, United States. The Inflation rate of United States, as projected by I nternational Monetary Fund, has been shown below: (International Monetary Fund, 2012) Within the time period of 2014 to 2018, the inflation rate as assessed by the Personal Consumption Expenditure Price Index would rise to some extent and then it would remain constant at a rate of 2 percent (CBO, 2013). Determination of the projected annual inflation rate of Ohio is also necessary. ââ¬ËThe Ohio Department of Transportationââ¬â¢ has estimated the Inflation Rate of Ohio to be: High Most Likely Low 2013 8 % 5.7% 3% 2014 10% 5.5% 3.5% 2015 8.95% 5.9% 3.5% 2016 7.5% 4.5% 1.5% 2017 7% 4% 1% Question 3 It has been stated that the value of the building would be increasing by 2.5 percent every year starting from 2014. The increment has been shown in the following table: Particulars Amount (in $) Present value of the building 4000000 Value of the building in 2014 4100000 Value of the building in 2015 4202500 Value of the building in 2016 4307562.5 Value of the building in 2017 4415251.5 6 Net Increase 415251.56 It can be seen from the above mentioned table that the value of the building increased yearly. The value of the building in 2014 increased to $ 4100000. It increased to $ 4202500 in the year 2015. In the year 2016, the value increased to $ 4307562.5 and finally in the year 2017, the value increased to $ 415251.56. Question 4 Option 1 Paying the whole amount from the internal sources of financing
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