Saturday, December 28, 2019

The Works of Nathaniel Hawthorne - 1175 Words

Nathaniel Hawthorne was an American novelist and short story writer who was born in Salem, Massachusetts July fourth 1804. When Hawthorne was a young man he served as the editor of the American Magazine of Useful and Entertaining Knowledge. That job introduced him into the world of writing and at that point he decided what he wanted to do until the day he died. â€Å"I do not want to be a doctor and live by men’s diseases, nor a minister to live by their sins, nor a lawyer and live by their quarrels. So, I don’t see that there is anything left for me to be but an author.† Hawthorne was found too dense, too gloomy, and to complex. To overcome these problem people would attempt to view Hawthorne as a riddler and wry joke who always challenged himself and all authorities. Hawthorne published several diminutive stories in various publications which he collected in 1873 as Twice-Told Tales. The 1900’s American author Nathaniel Hawthorne’s writings we re influenced by his guilt because of his non-repentant grandfathers’ involvement in the Salem witch trials. Hawthorne boarded with a poet named Thomas Green Fessenden on Hancock Street in Beacon Hill Boston. After his strategic move to join with this poet he started to get into the flow of producing good books people wanted to read. When readers started to understand Hawthorne’s use of Dante, Spencer, and the Bible this helped them to better understand Hawthornes’ imagination. Hawthorne married Sophia Peabody in 1836Show MoreRelatedNathaniel Hawthorne and His Religious Connotations in His Works813 Words   |  4 PagesNathaniel Hawthorne and His Religious Connotations in His Works Nathaniel Hawthorne is noted for his religious connotations in his works. Young Goodman Brown, The Ministers Black Veil and The Birthmark is three exemplary stories. His writing technique uses ambiguity in that the reader is opened to many different ways of interpretation. In respect to religious methodology the main characters of these short stories all encounter some sort of revelation. In Young Goodman Brown the main characterRead MoreSimilar Gothic Elements in the Work of Edgar Allan Poe and Nathaniel Hawthorne2436 Words   |  10 PagesElements in the Work of Edgar Allan Poe and Nathaniel Hawthorne Nathaniel Hawthorne and Edgar Allan Poe are considered masters of American gothic fiction. They used similar gothic elements in their writing and used it to build up a sense of impending doom. Even today numerous readers enjoy, study, and discuss the gothic elements both utilized in their work. Gothic writing is a style that is concerned with the dark side of society, an evil that lies within the self. Poe and Hawthorne contributedRead MoreEmma Bowles. Honors English 10-3. March 13, 2017. Nathaniel1218 Words   |  5 Pages13, 2017 Nathaniel Hawthorne Nathaniel Hawthorne was a well known author of the 1800 century. He was mostly famous for his novel The Scarlet Letter. Hawthorne wrote many romance novels as well as short stories. He had many awards and achievements from his works. Nathaniel Hawthorne was a famous romance novelist and short story writer with many works and achievements. Hawthorne’s background was rough at times but at the same time he had lots of support from his family. Nathaniel was bornRead MoreNathaniel Hawthorne and His Projected Self in the Scarlett Letter970 Words   |  4 PagesNathaniel Hawthorne Nathaniel Hawthorne was one of the most influential authors during the Romanticism time period. Hawthorne is most commonly known for his novel, The Scarlett Letter. That novel continues to still be read all over. In fact, I just read it for my history class. Not only can the novel be read for an English, but for a history class as well because of the Puritan background. Nathaniel Hawthorne wasn’t just an author that blended in within his era, he stood out. Hawthorne was uniqueRead MoreA Brief Biography of Nathaniel Hawthorne856 Words   |  3 PagesNathaniel Hawthorne once said, â€Å"I do not want to be a doctor and live by men’s diseases, nor minister to live by their sins, nor a lawyer and live by men’s quarrels. So, I don’t see that there is anything left for me but to be an author† (Nathaniel). This statement describes Hawthorne’s personality and life in a way that no other quote could. Nathaniel Hawthorne was an Anti-Transcendentalist writer meaning that he had a negative view of all humans. The Anti-Transcendentalist movement was a pessimisticRead MoreEssay on Nathaniel Hawthornes Life in His Works1556 Words   |  7 Pagesinto His Work With most writers, readers can identify what topics they tend to write about, how long their pieces often are, and what personal style these authors develop. While this is true of author Nathaniel Hawthorne, there are different elements that influence his writings. His life included many times of trials, many joys, and many ancestors that caused some turmoil within his mind. Two of his major works are influenced almost directly by his background (Werlock). Nathaniel HawthorneRead MoreBiography of Nathaniel Hawthorne 1123 Words   |  5 Pagesmysterious Nathaniel Hawthorne is a man of little understanding. We know him for being very secluded and alone much of the time. We also know he had many secrets that may have accounted for the gloomy tone in his novels. He was a writer who did not believe in the game of small talk and enjoyed losing himself to a world of this own creation. Many people might have thought that Hawthorne came off as rude and uninteresting, but they had no ide a of the masterpieces that laid inside his head. The work of NathanielRead MoreNathaniel Hawthorne: An Author that Influenced and Reshaped our Literature1083 Words   |  5 Pagesbeing modified. American literature is no exception. Many great writers have influenced and reshaped our literature, and Nathaniel Hawthorne is one of them. He faced his problems and moved on. He was and is one of the most influential American writers, and he is more than a writer. Nathaniel Hawthorne was born on July 4, 1804, in Salem, Massachusetts to Nathaniel and Elizabeth Hawthorne. His original last name was Hathorne, but he added the w when he started writing to avoid confusion with his great-grandfatherRead More Nathaniel Hawthorne Essay examples927 Words   |  4 Pages Nathaniel Hawthorne was born on July 4,1804, in Salem, Massachusetts. He was the only son and second child to be born to Nathaniel and Elizabeth Hawthorne. When Nathaniel was four years old his father died of yellow fever in Dutch Guiana. After Nathaniel’s father died, his mother’s family took in his family. As a child Hawthorne developed a love for story telling. When Nathaniel was nine years old, he got an injury to his foot that caused him to stay home for fourteen months. While nursing his injuryRead MoreThe Puritan Effect1703 Words   |  7 PagesNathaniel Hawthorne is respected as â€Å"one of the great masters of American Fiction† (â€Å"Hawthorne, Nathani el† 363). He is an accomplished author who wrote novels as well as children’s literature. However, Hawthorne’s strength is American short story; his â€Å"haunting† tales are undeniably responsible for establishing this genre as a â€Å"significant art form† (â€Å"Nathaniel Hawthorne† Columbia 1). He is known for his â€Å"penetrating explorations† of the conflicts within one’s conscience and the consequences that

Friday, December 20, 2019

Developing Resources And Capabilities Of The Company

Developing Resources and Capabilities The company has a plan of policy which they intend to use in the quest to achieve their objectives. These objectives include customer satisfaction by ensuring timely delivery and also increasing the number of products required for sales and thus quench the increased demand for online products (Kotler et al, 2015). Strategy formulation has certain features which need to be put in place so as to ensure that the laid down action plan succeeds. These include: Goals should be the simple, consistent and long term. The strategies agreed upon should be easy to comprehend, and also they should present minimum or no difficulty in their implementation (Kotler et al, 2015). The action plan should also be uniform such that no unnecessary measures will be taken, or inappropriate decisions are made. The warehouse to be used to store the products should be easy to access at any given time. It should also be situated in a location that can be relied upon to be se cure and can give room for expansion if need be. The additional employees who will be hired should be carefully vetted so as to ensure they will adapt to the organizational culture and structure (Kotler et al, 2015). They should be able to consistently provide the best output for a long time. The transportation option for the products should also be simple to work with and also reliable. In the strategy making process, the co-owners should have intense understanding of the competitiveShow MoreRelatedAdvantages and Challenges of Developing a Strategy for Competitive Advantage Based on Resources and Capabilities1064 Words   |  5 PagesExamine the advantages and challenges of developing a strategy for competitive advantage based on resources and capabilities. Illustrate your answer with appropriate examples. In lights of changing technical advancements, cut-throat competitions and unstable global economic conditions, managers need to consider strategies to sustain competitive advantage more frequently then ever. And no matter how organized their companies are and which industries they are working in, they can quickly start byRead MoreConcept Of Sustainable Competitive Advantage1610 Words   |  7 PagesCore Competencies, Resources, and Capabilities Word Count: [ ] This article explains the concept of sustainable competitive advantage, the relationship between strategic management and the four specific factors in relation to core competencies, resources and capabilities. It encompasses the Issues relating to competitive performance, and a critical view on how acknowledgement of these issues enables managers to gain an edge over other competing firms. According to Resource based approach, heterogeneityRead MoreDescribe The Strategic Management Process1200 Words   |  5 Pagesreturns. the primary step of the strategic management method is to analyse the external setting and internal organization to work out its resources, capabilities, and core competencies—the sources of its â€Å"strategic inputs.† once the analysis of the external and internal setting, the corporate formulates the methods that embrace business level strategy, company level strategy, international strategy etc. once the formulation of the strategy, the organizat ion implements the strategy. The dynamic strategicRead MoreCompetitive Advantage Of A Company s Overall Strategy1235 Words   |  5 PagesIn the beginning of creating a company’s overall strategy, managers have to decide which strategy should be implemented to fit the company, help them win a sustainable competitive advantage, and set them apart from their rivals. According to Gamble, Thompson, and Peteraf (2013), the following are the most frequently used dependable strategic approaches: †¢ A low-cost provider strategy, which reaches a cost-based advantage over rivals. †¢ A broad differentiation strategy, which seeks to differentiateRead MoreHuman Resource Development : Hrd1607 Words   |  7 PagesHuman resource development well known as HRD, is a rough draft for helping employees mature their individual and organizational skills, knowledge, and abilities. Human Resource Development contains many opportunities for â€Å"employee training, employee career development, performance management and development, coaching, mentoring, succession planning, key employee identification, tuition assistance, and organization development.† Human resources take the part of a vital role in developing a business’sRead MoreEssay The Challenge of Developing Successful Leaders 1237 Words   |  5 PagesIntroduction Obtaining and developing effective leaders in an organization remains an ever-present concern for the success of the organization, and it is inevitable that current leaders will retire, become promoted, or potentially make a decision to accept a position at another company. Many organizations fail to cultivate the human resources that they already have because; they are unaware of their employees’ potential, they have not implemented a program for mentoring and development, or theyRead MoreCompany Background Of Exxonmobil ( Xom ) Is An Oil And Gas Company Based Out Of Texas, Usa1599 Words   |  7 PagesCOMPANY BACKGROUND ExxonMobil (XOM) is an oil and gas company based out of Texas, USA. ExxonMobil is considered to be among the top companies in the Major Integrated Oil and Gas industry. Their standing among competitors is based off of several major indicators such as revenues, production, oil and gas reserves and profits. ExxonMobil was formed in 1999 from a merger of Exxon and Mobil oil and gas companies. ExxonMobil has encompasses the resources and structures of Standard Oil. They are also world’sRead MoreHow Does the Development of Core Competencies Provide Both Advantages and Disadvantages for an Organisation?1642 Words   |  7 Pagesand disadvantages for an organisation? What steps can managers take to prevent core competencies becoming core rigidities?† In today’s world competition among firms becomes globalized and more intense. In order to become superiorly competitive, companies should enhance its competencies in a way that will allow them to achieve dominant position in a market. One way of accomplishing it is by development of core competencies. Competencies are considered core if they are skillfully performed and areRead MoreIs Innovation A Competitive Advantage?993 Words   |  4 PagesCompanies live and breathe innovation; or, at the terribly least, notice it basic to their success. Such companies are those that others ought to emulate for they recognize that to do business, as Peter Drucker prompt in an exceedingly recent Harvard Business review article, â€Å"Every firm—not simply businesses—needs one core competence: innovation.† Innovation offers the companies a competitive advantage. Presently and within the future, more than any time in history, the key to competitive advantageRead MoreRaytheon Competitive Advantage810 Words   |  4 PagesBackground of Raytheon Company Raytheon was founded by a group of engineers in 1922. The company provides advanced and integrated technological products, services, and solutions for both domestic and international customers. Raytheon is the fourth largest aerospace and defense company in the United States with $24 billion in sales and more than 63,000 around the world (Forbes, 2017). Raytheon has been successful growing through its existing and new government contracts, as well as through mergers

Thursday, December 12, 2019

Accounting Software Packages In Australia

Question: Discuss about theAccounting Software for Packages In Australia. Answer: Introduction: Accounting software or packages refer to the types of application software which commemorate a process of accounting dealings in operational modules that include payroll, accounts payable, trial balance, and accounts receivable. It operates like a reporting information scheme (Business review, 2014). The accounting software has been considered to make work easy in accounting firms that operate on a daily basis. With the accounting software or packages, a firm is likely to serve many customers at a given time and, hence saving time. Among the kind of enterprises that use accounting software or packages include banks, insurance companies, and credit companies. Other organizations include hospitals and learning institutions (Curtis, 2013). History, Development and Adoption of Accounting Software/Packages As years go by, the more financial reporting relies on computers for almost every accounting task in our daily operation. Computers are the ones running our industries in the most efficient way and have enhanced worldwide communication in accounting. The primary time computers were used for accounting purposes is 1955. Examples of accounting software or packages that have been used in Australia include Mind Your Own Business (MYOB), Intuit QuickBooks, Xero, Saasu, and Quicken. The first companies to use these packages were the ones that developed them as mentioned above (Marsden, 2014). Mind Your Own Business (MYOB) was developed and first used for accounting services in the 1980s. The idea of the software was initiated by Christopher Lee and his team of programmers at Teleware Inc. who worked as a team and came up with the software. Intuit QuickBooks on the other hand, was developed in 1983 and that is the time it was tested. The first release could not operate well as double-entry accounting software. Its version was DOS that used quicken code bases. It was effective for private enterprises that did not have formal financial reporting. However, the second and subsequent editions were modified and it became most effective for all the accounting needs. Other packages like Saasu, Reckon, and Xero also came up. Saasu was developed in the year 2000 by Grant Young and Marc Lehman on the grounds of automating enterprises. Its abilities include inventory services, the point of sale, payroll, workflow and document control, CRM, and purchasing (Smith, 2015). Quicken was developed in 1987 by Reckon software company to offer digital and cloud-based solutions for accounting. Xero software was developed in 2006 and aimed at enhancing the small business in accounting. Initially, few companies adopted the use of the accounting software because the majority of employees lacked the knowledge of operating them. However, accounting had strictly relied upon physical books. When most firms realized that their records could not be safer in books, they started adopting to the use of the software to facilitate cloud-based storage of data. Sharing of information became very easy and the businesses saw the need to use these packages. Automation of records became an enjoyable and secure way of handling business transactions. Thus, the accountants could prepare various records easily, share and print as soon as possible. The Current Market Size Different accounting software or packages have different market share depending on their marketing potential and strategies. The strategies include market mixing, segmentation, positioning among others. However, other factors associated with cost and user-friendliness are taken into consideration. Mind Your Own Business (MYOB) has invested the range of 13 to 16 percent of its earnings in financing software research and development hoping that its cloud services and products will enhanced than Xeros who is the key competitor. The marketing and sales team of Mind Your Own Business has ensured that its market share grows by 10 percent in each year hence increasing consumerism of the package. Currently, it has approximately 528,000 customers who are paying for their software around the globe. The clients base in Australia only, is estimated to be 250,000 customers who are paying for the software and this number is expected to grow in the next year. Currently, Xero accounting software has a market share of 262,000 Australian users. However, the new managing director has assured that it will take part of the marketing share from their key competitor Mind Your Own Business (MYOB). Xeros strategy focuses globally while that of Mind Your Own Business has a focus on local excellence in accounting services but also operates internationally. Xero has more than 10,000 partners who have enhanced its outreach. The Saasu, Quicken and Intuit Quickbooks share the remaining market which is estimated to be 30 percent of the entire market share. The Key Market Leaders In Australia, the following are some of the popular accounting software: Mind Your Own Business (MYOB), Intuit QuickBooks, Xero, Saasu, and Quicken. However, due to distinguished potential and marketing techniques, Mind Your Own Business (MYOB) and Xero are the leading because they take up 70 percent of the market share while the remaining the 30 percent is taken up by the other companies. (AdvisoryHQ, 2016). Many factors have favored the Xero and Mind Your Own Business (MYOB) to succeed in attracting a big market share. Some of them are discussed below. Reliable Partners Partners play a significant role facilitating the operations of these companies and enlarging the outreach of their products. Since they have reliable partners such as banks and learning institutions, they are able to train the staff and students on how the software is used and its importance. In the process, the staff will see the usefulness of their product and have a desire to use. Students will also act as future agents of marketing in various ways. First, they may suggest using the product in places they will be employed or refer other businesses that are upcoming (Hohpe Woolf, 2014). Creative Market and Sales Team The companies have a dedicated sales and marketing department which function as a team. The team attracts many customers by giving them good offers. For instance, both companies give new users a trial version of the accounting software which takes more time than the one offered by the other small companies. Having a dedicated sales and marketing department is what drives them most. Challenges Facing the Accounting Software Users Compatibility of the Software Several users get disappointed since their financing software is not friendly with the programs they have on their computers. For instance, it can be difficult to import certain data or information into their programs they are most familiar with like Microsoft Word or other writing programs. Sometimes, a client may not import information from other software programs to the accounting software which is again a concern (Simkin, Rose, Norman, 2015). Sustenance The process of how to maintain the accounting packages not only entails doing an upgrade to the software but further sustaining and improving all the key requisites to use the package because new versions demand an improved equipment. The equipment can be a laptop or desktop computer, modem, internet connection, backup drive, printer, operating system, and monitor (Bourke, 2014). The Cost The price of the accounting software is not the exact cost of using it. An accounting package needs minimum measures or specifications for computer usage regarding Random Accessed Memory (RAM), hard drive memory and processor speed. The software may also need technical support which can raise its cost. However, the package may require yearly fees for licensing so that one is able to get upgrades. If one is also not skilled in software installation, will incur other expenses (Accounting web, 2015). Recommendations As far as accounting is concerned and has taken a big part in the current economy, it has to be improved and easy for everyone in the industry. In this way, every firm and accounting professional will easily adopt the accounting software (BusinessIT, 2016). However, when the software is developed, the following factors should be taken into consideration. First, the maintenance requirement; most users find problems when upgrading to newer versions. As everyone is not conversant to technical skills, the software companies should look for ways of improving the software and retain its minimum requirements for operation of the software program (Australian Computer Society. (2013). In many instances, upgrades require improvement of the computer which is much expensive than the software itself. Secondly, software compatibility; accounting software should be compatible with lowest specifications possible to ensure many professionals and firms are using it effectively because not all the individuals will afford computers with high specifications. Lastly, the cost of the software; as usual, the developers of the accounting software should ensure the value of their product is not higher than the cost of maintaining and operating (The Business Vict oria, 2016). References Accounting web. (2015). The biggest challenges facing accountants in 2015, the sectors leading suppliers speak. Retrieved from: https://www.accountingweb.co.uk/community/industry-update/the-biggest-challenges-facing-accountants-in-2015-the-sectors-leading AdvisoryHQ. (2016). 5 small business accounting software in australia. Retrieved from: https://www.advisoryhq.com/articles/5-best-small-business-accounting-software-in-australia/ Australian Computer Society. (2013).The Australian computer journal. Chippendale, N.S.W., Australian Trade Publications Bourke, J. (2014).Communication technology. Greenwood, WA, Ready-Ed Publications. BusinessIT. (2016). Make technology work for your business. Retrieved from: https://www.bit.com.au/Review/344651,7-accounting-packages-for-australian-small-businesses-compared-including-myob-quickbooks-online-reckon-xero.aspx/2 Business review. (2014). Thailand's Leading Bussiness Magazine, Volume 13, Issues 153-157 .Retrieved from: https://books.google.com/books?id=KKkHq45U24cC Curtis, V. (2013).Getting started in bookkeeping for dummies. Hoboken, N.J., John Wiley Sons. https://rbdigital.oneclickdigital.com. Hohpe, G., Woolf, B. (2014).Enterprise integration patterns: designing, building, and deploying messaging solutions. Boston, Addison-Wesley. Marsden, S. J. (2014).Australian master bookkeepers guide [2009/10]. North Ryde, N.S.W., CCH Australia. The Business Victoria. (2016). How To Choose The Best Accounting Software. Retrived from: https://www.business.vic.gov.au/money-profit-and-accounting/financial-management-set-up/How-to-choose-small-business-accounting-software Simkin, M. G., Rose, J. M., Norman, C. S. (2015).Core concepts of accounting information systems. Smith, H. N. (2015).Xero for dummies. https://www.books24x7.com/marc.asp?bookid=82578.

Wednesday, December 4, 2019

Tori Amos - Strange Little Girls free essay sample

ToriAmos is known for writing songs about everything from religion to rape, but shedecided to do something different for her sixth album, Strange LittleGirls. On it, Tori covers 12 songs written by men mostly for or aboutwomen in which she sings from the perspective of the women. She has taken songsby Depeche Mode, Neil Young, The Beatles and even Eminem and turned them intoher own. For each, Amos has imagined a different woman. At times shes acharacter straight from the lyrics, at other times, she may be entirely a Toricreation. For each song, on the liner notes, there is a coinciding imageof Amos dressed as the songs character. She also worked with Neil Gaiman toinvent a group of short stories about each character. For example, the cover ofEminems ? Bonnie Clyde is told from the point of view of themother who is about to be dumped off a bridge by her own husband anddaughter. We will write a custom essay sample on Tori Amos Strange Little Girls or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page For Tori Amos fans, Strange Little Girls is achange, but I think it features the same old Tori. She still gives her inspiringbeam of womanhood and individuality. Her voice still captivates and amazes thosewho listen to her. If you dont already own Strange LittleGirls because youre leery about what it will be like, I suggest you getit. Tori Amos doesnt disappoint.

Thursday, November 28, 2019

Case Analysis Starbucks

Starbucks’ Challenges in Venturing Indian Market According to the case study, lack of appropriate partner in India was one of the major challenges faced by Starbucks in its internationalization venture given that Indian market was composed of many small individual retail shops.Advertising We will write a custom assessment sample on Case Analysis: Starbucks specifically for you for only $16.05 $11/page Learn More Selecting a partner from the many retail outlets was a big challenge because of their number and retail standards that did not meet the requirements of Starbucks. It was a challenge for Starbucks to find an appropriate partner and co-venture to grow and market its brand in India because of issues, such as Starbucks’ working ethics and intense advertisements for the brand to survive the cutthroat competition from the other competitors. Starbucks’ pricing was another major challenge in entering Indian market. Coffee costs at St arbucks were set at their best as compared to other world companies. In India, the prices must be lowered in order to compete with the prices of other coffee retailers, which may result in loss or little profits for the company. Another major challenge was the rising rate of sugar related diseases, such as obesity, heart diseases, increased blood pressure and diabetes. Starbucks has been the target of many consumer health groups’ movements and World Health Organizations worldwide. These groups have been campaigning against the high-fat and high-calorie products sold by Starbucks. If Starbucks products are introduced in Indian market, it may cause the increased cases of heart diseases, obesity and cancer. For example, such Starbucks product as Banana Mocha Frappuccino mixed with Whipped Cream contains 11 grams of inundated fat and 720 calories. Consumer health groups recommend Starbucks to publicize the smallest cup size and apply healthier coffee shortenings.Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The North Indian culture largely prefers tea so people in the region have little preference for coffee. Research carried out by the Indian government proved that the coffee consumption had stagnated at 50,000 tons per year, hence making it a challenge for Starbucks to venture into Indian market. The purchasing power parity in India is too high, and this has attracted all coffee retailers to locate their shops in India, hence increasing the rate of competition in the market. For instance, South India has intense competition for coffee customers because the region’s culture prefers coffee to tea. All the coffee shops in the country are targeting the southern market, thereby having prompted a fierce competition. For Starbucks to survive in the southern market, it will be forced to enter it with a price below the existing market prices in order to att ract some customer. This may make Starbucks operate at negative profits for some time, thereby posing it as a challenge to the company. For example, the amount of coffee consumption in South India was estimated to be 39%, while that of North India was 15%, showing how intense competition for coffee will be focused on Southern Indian market. Indian market lacks operation efficiency in terms of operation costs. Northern Indians have very different tastes and preferences when compared with the Southern Indians in terms of coffee consumption. This factor will force Starbucks to offer a product made to suit both regions; Northern Indians believe prefer instant coffee for its convenience while Southern Indians believe that constant coffee has chicory so filter coffee is the best. Reasons for Expansion to Overseas Starbucks has pursued overseas expansion to avert competitors from dominating or identifying the market prior to it, thus the company develops the western brand in other continen ts to ensure its advantage of the growing demand for coffee in other countries.Advertising We will write a custom assessment sample on Case Analysis: Starbucks specifically for you for only $16.05 $11/page Learn More Additionally, it has reduced its operating costs, and diversified its business risk and self-protection. These are some of the reasons that have propelled Starbucks’ venture in oversees market. Starbucks has entered the overseas markets to expand its markets and raise its sales, thereby increasing the company’s profits. For example, Starbucks chose to expand to India because India has a large potential market for the products offered by the firm, such as coffee. The population of India stands at more than 1 billion people with an annual growth of 6%. When Starbucks expands to international markets, it gets a chance to make its contribution to trade related issues in the international business. Starbucks expands to internationa l markets to reduce its operating costs. Starbucks identifies the resources it needs and the place where it can get them at the lowest cost in the international market. Companies move to international markets to take advantage of the low labor, production and transportation costs. For example, Starbucks moved to Japan because Japan was the third largest coffee exporter in the world. This meant that the operating costs for the company were reduced due to the low purchasing costs. Companies diversify to spread their market evenly in different locations. The economic effects of inflation, deflation or change in trade policies of one country that the company invests in will have little impact on the company’s cash inflows. Starbucks diversification helps in reducing or eliminating the interdependence of the US markets on each other, and as a result, a negative shift in the economy does not cripple the company’s operations.Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Companies expand to overseas markets for self-protective reasons, which are to guard themselves against their potential business rivals or to gain competitive advantage. By Starbucks having moved to international markets, the company has aimed at exploring markets that are less competitive. Consequently, the firm has used the income gained to finance the shops in competitive markets. Starbucks has reduced the competitive pressure from other New York coffee sellers by moving to the overseas markets. Benefits of Expanding to Overseas Expanding to overseas markets has helped Starbucks accelerate its growth. Due to venturing in overseas market, Starbucks has opened approximately 8,330 coffee outlets. This has been made possible because of the quality services that the firm offers to its customers and the increased demand for its coffee. Starbucks has also accelerated its growth through attracting many business partners and ventures all over its overseas businesses. Another benefit gaine d by Starbucks from expansion to overseas markets is that the company has created brand loyalty among its customers. Its potential and upcoming customers are in a position to enjoy their favorite coffee brand at different regions of the world. This makes Starbucks retain its customers because the firm does not have to keep on changing its coffee brand once it changes its location to India. Overseas investments have contributed to the ability of the firm to diversify the stream of revenue. Starbucks enjoys the high revenues share generated by its ventures located in different regions outside New York. For example, Starbucks is receiving profits from its shops located in Japan and China. Starbuck expansions in overseas markets benefit the firm since it outsources marketing strategies used in different regions and applies them in its local markets. Local resources are used to improve the international markets while international strategies are used in improving local markets to win ove r more customers, gaining a competitive advantage over other local companies. International opportunities give Starbucks more exposure and experience in marketing and production; for example, skills gained in Japan can be used to improve China’s market, and vice versa. Starbucks’ Core Competencies Starbucks’ main competencies are focus on quality, exceptional customer service, incessant product improvement, concern for its workforce, and its drive to expand to new markets. From the inauguration at Starbucks, Schultz’ focus has been on offering freshly roasted and poured coffee of high quality, and customers have appreciated it. To ensure the quality was maintained, Shultz discovered that smoking and foxy smells could change the taste and quality of the coffee, thus it is forbidden to smoke in coffee shops or the employees are not allowed to use full-flavored perfumes. Starbucks has the competence of diversifying and creating new ventures in different loca tions. The firm created HP (in-store CD burning), Pepsi Company (bottled Frappucino drinks), Kraft Foods Corporation and Dreyer’s (Starbucks Ice Cream). In India, Starbucks has identified Tata Beverages to collaborate with to expand its product line. Through these partners, Starbucks manages to reach different markets and grow rapidly. For example, Starbucks opened 50 shops through partnerships and joint venture outlets in China, and in Japan, it has added 360 more shops as result. Starbucks has an idea to locate a coffee shop on every building with easy access by every customer. In Boston, Starbucks had opened 24 coffee outlets because the company believed in locating coffee shops in the same region. This tactic allowed Starbucks to colonize a certain region, consequently eliminating the competitors and growing customer loyalty. Starbucks has the competence of diversifying its products and customizing it to meet the needs, demands and preferences of certain region and custom ers. In some regions, people prefer hot coffee, while in others there is an increased demand for cold coffee because of the weather, and customers’ tastes and preferences. Starbucks offers hot drinks in four different cup sizes, namely, short with 8 oz., Grande with 16 oz., Venti with 20 oz. and tall with 12 oz. On the other hand, cold drinks are offered in three different cup sizes; iced tall-12 oz., iced grande-16 oz. and iced venti-24 oz. In addition, Starbucks introduced Frappuccino, a frozen drink prepared from low-fat milk, coffee, ice and sugar. Transferring Core Competencies to Overseas Markets Starbucks has managed to transfer these competencies to its overseas markets. Starbucks has used its competencies to select Tata Beverages as its partner in Japan and China where the firm has created both the partnerships and the joint ventures with businesses to sell its coffee in the countries. In India, Starbucks plans to collaborate with Tata Beverages as well to market its brand in the market. It has also partnered with Pepsi Company, Kraft Foods Incorporation and Dreyer’s. In each overseas outlet, the quality of coffee has been maintained. Starbucks promotes selling coffee in its outlets. The company is against the idea of franchising. According to Schultz’s view and belief, franchising can make a company lose its culture, which is its strength in the market. Starbucks teaches coffeehouse employees not only how to prepare coffee but also how to impart the company’s passion to its products to the customers. Starbucks helps its partners’ employees understand Starbucks’ mission, vision, objectives, targets and goals in business. In addition, such rules as customers should not smoke in the shop and employees could wear only delicate perfume are maintained. This assessment on Case Analysis: Starbucks was written and submitted by user Gianna Jennings to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Sunday, November 24, 2019

What Is Financial Aid How To Pay Less For College

What Is Financial Aid How To Pay Less For College SAT / ACT Prep Online Guides and Tips As college costs continue to rise, financial aid has become a necessity for most college students. Ideally, the listed cost of attendance won’t deter you from applying to or attending the college of your dreams. Knowing about the process will enable you to maximize the amount of financial aid for college you receive and prevent finances from becoming an impediment to reaching your college goals. In this article, I will define and explain the different types of financial aid that are available for college. Furthermore, I will explain how colleges determine your eligibility for financial aid, and I’ll offer you guidance and resources to make sure you know all the different types of aid available to you. What Is Financial Aid? Simply put, financial aid helps students and their families pay for college. Financial aid can cover all educational expenses including tuition and fees, room and board, books and supplies, and transportation. Financial aid can consist of grants, scholarships, work-study, and loans. How Do You Get Financial Aid? For the purposes of this article, I’m going to focus primarily on need-based aid. Need-based aid is financial aid that is awarded based on demonstrated financial need. Aid that may not be need-based includes private scholarships, merit scholarships, and athletic scholarships. Generally, the first step for getting need-based financial aid is filling out the FAFSA, the Free Application for Federal Student Aid. Also, most states and colleges require the FAFSA to receive state-sponsored and institution-sponsored aid. Additionally, some private scholarships like the Gates Millennium Scholarship require applicants to complete a FAFSA. Check the financial aid requirements for the schools you’re applying to. Some colleges have their own forms or use the CSS/Financial Aid Profile Form for non-federal financial aid. After you fill out the required forms, colleges will determine your eligibility for need-based financial aid. Following notification of your college acceptances, each college will send you a financial aid award letter outlining the amount and types of aid it’s offering you. 401K 2012/flickr How Is Your Eligibility Determined for Financial Aid? Within 3-5 days of filing your FAFSA (slightly longer if you don’t fill it out online), you’ll be able to access your SAR, or Student Aid Report. Your SAR is a summary of the information you provided on your FAFSA and includes an EFC, or Expected Family Contribution. Your EFC determines your eligibility for financial aid. The colleges you listed on your FAFSA will have access to your SAR and EFC. Colleges base your aid eligibility and offer on your EFC. What Are Some of the Specific Types of Financial Aid You Can Receive? Federal Grants Grants are a preferable type of financial aid for college because they don't needto be paid back. Essentially, grants are free money for college. You must submit a FAFSA and meet federal aid eligibility requirements to be eligible to receive federal grants. Pell Grants The Pell Grant is intended to help low-income students finance their post-secondary education. For the 2015-2016 year, the maximum Pell Grant award is $5,775. The amount of your award is based on your demonstrated financial need, which is determined from the information on your FAFSA. You can estimate the amount of your Pell Grant before you submit your FAFSA by using the Pell Grant calculator. Federal Supplemental Educational Opportunity Grants The Federal Supplemental Educational Opportunity Grant (FSEOG) is a grant for undergraduates with exceptional financial need. Again, need is determined from the information on your FAFSA. Unlike Pell Grants, there is only a limited amount of FSEOG money. Students who receive Pell Grants and have the most need get FSEOGs first. The FSEOG program is administered by the financial aid office at each school. Not every college participates in the program. You can check with a school's financial aid office to find out if it awards the FSEOG. The amount you can receive ranges from between $100 and $4,000 annually. The amount of your grant depends on your financial need, when you apply, the amount of other aid you get, and the availability of funds at your school. Teacher Education Assistance for College and Higher Education Grants The Teacher Education Assistance for College and Higher Education (TEACH) Grant is given to students who plan to pursue a career in teaching. As a condition for receiving a TEACH Grant, you must sign a TEACH Grant Agreement to Serve in which you agree to teach in a high-need field at an elementary school, secondary school, or educational service agency that serves students from low-income families.You must do this for at least four academic years within eight years after completing the course of study for which you received the grant. If you do not fulfill the agreement, your grant will be converted into a loan that has to be paid back with interest. The maximum award for grants disbursed between October 1, 2015, and October 1, 2016, is $3,728. If you're interested in the TEACH Grant, you should contact college financial aid offices to find out if theyparticipate in the TEACH Grant Program and to learn about the programs of study at eachschool that are TEACH Grant-eligible. Iraq and Afghanistan Service Grant The Iraq and Afghanistan Service Grant is for students whose parents were members of the US armed forces and died as a result of military service performed in Iraq or Afghanistan after 9/11. Here are the other eligibility requirements for this grant: You're NOT eligible for a Pell Grant on the basis of your Expected Family Contribution. You meet the other Pell Grant eligibility requirements. You were under 24 years old or enrolled in college at least part-time at the time of your parent's or guardian's death. The maximum award for Iraq and Afghanistan Service Grants disbursed between October 1, 2015, and October 1, 2016, is $5,382.30. Federal Loans Most students can't cover the full cost of attendance with grants and scholarships alone; they have to take out loans to help pay for their college education. Loans have to be paid back with interest. Federal loans are preferable to loans from private lenders because federal loans typically have lower interest rates and cost less to pay back. You must submit a FAFSA to be eligible for most federal loans. Perkins Loan The Perkins Loan is a government-backed, low-interest loan meant for students who demonstrate exceptional financial need. Perkins Loans are unique in that no interest accrues on these loans while you're in school. Also, the grace period for a Perkins Loan is 9 months versus the standard 6 month grace period of most other college loans. The grace period is the period after graduation when you won't be accruing interest on your loan. Direct Stafford Loan A Direct Stafford Loan can be subsidized or unsubsidized. For subsidized loans, the US Department of Education pays the interest on the loan while you're in school, during the 6-month grace period after you graduate, and during a period of deferment. You can only receive a subsidized loan if you demonstrate financial need, but any student whoattends a school that participates in the Direct Loan Program can receive an unsubsidized loan. PLUS Loans PLUS Loans are federal loans that graduate students or professional degree students and parents of dependent undergraduate students can use to help pay education expenses. You must not have an adverse credit history and must attend a school that participates in the Direct PLUS Loan Program to receive a PLUS Loan. The maximum PLUS Loan amount is the cost of attendance minus any other financial assistance received. All PLUS Loans are unsubsidized. Simon Cunningham/flickr Additional Loans and Grants States and individual colleges also award grants and loans. You can look up state financial aid programs or contact college financial aid offices to learn more about state-sponsored and college-sponsored financial aid programs. In general, federal Stafford and PLUS loans are preferable to private loans, but private loans are another option if you don't receive enough federal aid. However, federal loans tend to be cheaper and have a fixed interest rate, which means that the rate you’re quoted will not change for the lifetime of the loan. Work-Study The federal work-study programis a need-based program in which the government will subsidize wages for on-campus jobs. Basically, if you're eligible for work-study, you can get an on-campus job to help finance your education. Certain on-campus jobs are only offered to work-study students, and the wages can be relatively generous. Eligibility for work-study is determined through the FAFSA and the other financial aid forms required by your college. Tuition Benefits Some employers offer tuition benefit programs for employees or their dependents. Employers will pay a designated amount of your college tuition through these programs. Check with your employer or your parents' employers to see if they offer any tuition benefit programs. Tax Credits A tax credit will reduce the amount of income tax you or your parents have to pay to help ease the burden of financing your education. The American Opportunity Credit The American Opportunity Tax Credit allows you or your parent to claim up to $2,500 per student per year for the first four years of school as the student works toward a degree or similar credential. The Lifetime Learning Credit The Lifetime Learning Credit allows you or your parent to claim up to $2,000 per year per student for any college or career school tuition and fees. It can also be usedfor books, supplies, and equipment that were required and had to be purchased from the school. Scholarships Like grants, scholarships are free money that is given to you to help finance your education. Scholarships can be awarded based on financial need, extracurricular activity involvement, or academic achievement. Army Recruiting/Flickr Athletic Scholarships If you're a recruited athlete, you may be given a scholarship to participate in sports for your college. Ivy League and NCAA Division III schools don't award athletic scholarships. Merit Scholarships Many colleges will provide scholarships if you have stellar academic credentials. The most selective colleges are less likely to award merit scholarships because the vast majority of students has excelled academically. Also, some colleges will offer scholarships for an extracurricular activity like cheerleading or the marching band. Private Scholarships There are tons of private scholarships available to help pay for college. Each one has different requirements. Some are based on merit. Some are based on financial need. Some are based on your background, affiliations, or extracurricular activities. Some are very unique. You can search for scholarships at College Board’s Big Future. Also,Fastweb is another good site to find scholarships. Military Scholarships Additionally, there are ROTC scholarships and scholarships sponsored by veteran services organizations. Furthermore, the GI Bill can help finance the educations of military service members and their immediate families. How to Maximize Your Financial Aid for College Make sure you submit your FAFSA and any other required forms by the appropriate deadlines. Search and apply for scholarships. Check with the financial aid departments at the colleges you’re interested in attending to see how scholarship awards can affect your need-based financial aid. If you’re hoping to receive an athletic scholarship, be proactive in the college athletic recruiting process. Contact college coaches, make a highlight video, and if possible, attend camps that allow you to showcase your athletic skills to college coaches. I alsorecommend checking out studentaid.gov to learn more about the different types of federal aid, how to apply for them, and the eligibility criteria for federal student aid programs. What's Next? Now that we've answered the question, "what is financial aid?" learn more about specific ways you can get financial aid. If you're an undocumented immigrant,you can't submit a FAFSA or receive federal financial aid, but you can still get financial assistance for college. Also, find out how to win a National Merit Scholarship or scholarships based on your SAT/ACT scores. Finally, check out this post about how to pay for college without loans. Want to improve your SAT score by 160 points or your ACT score by 4 points?We've written a guide for each test about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

Thursday, November 21, 2019

Remembered person in yr life Essay Example | Topics and Well Written Essays - 500 words

Remembered person in yr life - Essay Example He has the gift of the gab and people can listen to his talk all day long. Indeed he is one of the brightest and smart kids within the whole family. It was not easy growing up with my brother as we never got along and would often end up fighting for petty issues. My parents had to intervene and break up the fights between us. There was always a competition between us and in the end it was I who had to sacrifice and my brother mostly won the laurels. I was different from my brother and was more of an extrovert and liked to mingle with friends and relatives. In short I preferred being myself and that was how I wanted to be known. I always had the intention that I knew it all while my brother always tried to talk to me about how I should behave, but I would simply roll my eyes and would never take his advice though I would know internally that what he said made sense. As time passed and as I moved to the United States to further my studies and my brother moved to India to study dentistr y, I began to realize how much I actually missed him. The realization that we were both getting older and that life is too short to be wasted dawned upon me during this time of separation. He was doing well academically and that inspired me to work hard in my studies and shine well. We also began to talk with each other and realized that we actually vibe well.