Thursday, October 31, 2019
Fauquier Gas Company Logistics Assignment Example | Topics and Well Written Essays - 750 words
Fauquier Gas Company Logistics - Assignment Example A change from agricultural life to commercial and residential life within a society increases the demand for gas thus the business needs to react urgently to serve the customers’ needs. It is a fact that different departments within Fauquier gas company operate independently as opposed to one unit. It thus makes communication within the organization difficult. Another fact within the organization is that the organization’s heads of departments respond slowly to the news. That aspect is evidenced by the fact that even after Mr. Murphy heard about the new pipe construction project and made efforts to contact all the heads of the department’s partaking the project in January. By April 14 he is yet to receive a purchase request and pipe specification (Hood, 2013).The main problem within the organization is communication. Whereas communication is enhanced after inquiries about certain events are made, timely information is essential for an organization’s develo pment. As logistics entails efficient flow of information within an organization’s department, it is thus important if communication within the organization is effective and timely (Drucker and Marciariello, 2009). In order to cater for the rising customer demand, Fauquier Gas Company requires undertaking a mega investment decision. To ensure sufficient gas supply to customers, three and a half miles of new gas needs installation by September (Hood, 2013). Though the capital investment seems to be taking progress, all the departments involved in achieving that objective are not equally engaged. It seems awkward to realize that Mr. Murphy, being the head of supply management is unaware of the undergoing project within the organization. Investing in a three, and a half mile gas line requires a lot of resources and to make such decisions regarding authorization of material purchases, sufficient information is necessary.Â
Tuesday, October 29, 2019
Construction Industry Book Article Example | Topics and Well Written Essays - 250 words
Construction Industry Book - Article Example Starting with the verification of existing conditions in chapter 2, the book continues to discuss on the merits and proper use of concrete being the major construction material, followed by discussion on aspects of masonry. The author provides guidelines towards use of metals such as iron, steel, aluminum and non-metals such as wood, plastic material in the construction projects. The book further discusses on thermal and moisture protection techniques along with required ventilation, as well as HVAC and heating parameters. The book provides details on the finishing aspect of construction projects, up to the last minute requirement of furnishings, with emphasis on utilities including the electric work.(Simmons, 2001) This book is a complete academic guide for all students of civil, electrical and air-conditioning engineers, as it explains the minute details in an absorbing manner for any fresh student. The book can be helpful for all those who are concerned with construction projects as it can help them to prepare the project charter from the concept or design level, up to the level of complete project handover. Although this book is a lengthy guide, the individual chapters would be useful for different professionals according to their job requirements. For example, civil engineers will find useful details in chapters on concrete and other building materials. Similarly, electrical engineers would benefit from going through chapter on utilities and electric works, while heating, humidity control and air-conditioning experts can find interesting details from the chapter dedicated to these principles. Simmons. L. H, (2001) Construction: principles, materials and methods .google books Retrieved from:
Sunday, October 27, 2019
The relationship between firms and households
The relationship between firms and households 1.0 Introduction Factors of production are land, labor capital and entrepreneurship. Households are the owners of factors of production and the firms are users of factors of production. Firms use households (factors of production) to pay factor incomes which is rent, wages, interest and profit. Firms will use factor of production to produce output in the way of goods and services, which will be purchased by the household. In this way household incur their expenditures. 1.1 Body Circular flow diagram is the visual model of economy which shows how money flows through the markets among household and firms. Circular flow model consists of four separate models which each sequentially adding sectors or markets and also thus providing the greater complexity and realism. The four flows are flow factors of production from households to firms, flow of incomes from firms to household, flow of output of goods and services from firms to households and lastly flow of expenditures from households to firms. 1.1.1 Circular Flow Diagram http://wpcontent.answcdn.com/wikipedia/commons/thumb/b/b8/Circular_flow_of_goods_income.png/350px-Circular_flow_of_goods_income.png Above circular flow diagram divides the economy into two sectors which is one concerned with the producing goods and services, and the other with consuming them. All the four flows which has been stated as been illustrated in the circular flow above. In the diagram the outer flows of incomes and expenditures are flows of money and the inner flows of factors of productions and outputs are the flows of goods and services. 1.1.2 Households Households have the main function because they are the workers and also consumers. So they provide labour to firms and compensated with wages from the firms. Other then that as consumers they also buy goods and services from firms which constitutes as consumer expenditure. 1.1.3 Firms Firms are the producers of goods and services. Labour and capital is the input of the production process. Labour comes from households where wages are paid and the capital investment can be funded either by retained profits or borrowing from the financial sector. 1.1.4 Relationship between Households and Firms In a daily life example we are consumers who are working for a firm to earn wages. Because we working for the company the company makes profit and increase their production in their goods and services. When we are the households we receive wages from firms and we use it to buy goods and services produce by firms. 2.0 Withdrawals and Injections Withdrawals take place when there are movements of funds out of the circular flow in income. The three important things in withdrawals are Savings (S), Taxation (T) and Imports (M). In Savings households wont be spent all the factors income received on the current or even immediate consumption. Households also prefer to keep some for future or deferred consumption. For example households make their saving in the form of deposits at financial institutions such as banks. Taxation is where households have to pay to the government as taxes from their income. For example when household receive their wages their will be a deduction column as their income tax. Imports is where households willing to buy goods and services from abroad rather than consuming domestically produced goods and services. An injection takes place when there are movements of funds into the circular flow of incomes. The three important things in injection are Investments (I), Government expenditure (G) and Exports (X). In Investments households saved income which was deferred consumption there are later invested back in the circular flow/economy. In government expenditures government use all the taxes received from households and then ità ¢Ã¢â€š ¬Ã¢â€ž ¢s creates in flow of funds back into the circular flow. For example government expenditure includes road building, construction and more. Government use the total taxes which had collected from household to build road, hospital, buildings and other. In exports firms may sell some of their goods and services to foreign countries. In the economy expenditure from the foreign countries by foreigners becomes an injection. 2.1 Withdrawals and Injections diagramUntitled.jpg 3.0 Total Withdrawals equal wit Total Injectionsmmmm.jpg In the terms of the expanded circular flow of the income model the state of equilibrium takes parts when the total withdrawals that occur in the economy. It can be proven as: Savings + Imports +Taxes = Investment + Government Spending + Exports OR S + M+T = I + G + X 4.0 Conclusion Disequilibrium is the stage where the economic activity is not equal, and it is where withdrawals become greater than injections or even withdrawals less than injections, where also known as the stage of equilibrium when Withdrawals equal with injections. (693 WORDS) 5.0 Bibliography 1. Mankiw, Gregory N. Principles of Economics. 4th edition,  ©2007 Thomson Southwestern, 2. Sloman, John (1999), Economics, 3rd edition, Pretice Economics. 3. Graeme Chambelin, Lind Yueh (2006), Macroeconomics, Thomson Learning. QUESTION 2 1.0 Introduction The fluctuations in the level of the economics activities of a country over time are often be the best illustrated by the Business Trade Cycles. Business trade cycle is also known as the periodic fluctuation in the rate of the economic activity as it been measured by levels of employment, prices and also production. 1.1 Body The four main concepts in business trade cycles are full employment, unemployment, recession and inflation. Full employment takes place at the level of economic activity when all available at factors of production are fully utilized. In the business trade cycles, there is upward swings and also downward swings. The periods of adversity are alternate with the periods of business prosperity. Every boom is followed by a vice versa and also a slump. This business trade cycle is simply means that the whole course of trade or even business activity which is passes through all the phases of prosperity and also adversity. 2.0 Phrases in Business Trade Cyclemk.jpg 2.1 Phases in Business Trade Cycle Economists actually divided the business cycles into two main phases which is depression and recovery then boom and slump. Boom and slump mark turning points in the cycles. 2.1.1 Depression In this phase, the whole economy will be in depression mode and the business is at the lowest stage. Other than that the general purchasing power of the community is very low. In the productive activity, both production of consumer goods and the production of capital goods are at the low level. There are some of the main characteristics in depression. Depression makes the amount of production and trade shrinks. It is also increases unemployment and the overall prices become decreases. All the profits and wages decreases and the income of the community fall at a very low level. Other than that aggregate expenditure together with the effective demand also goes down. For example if a firm receiving a new investment or replacement investment they will make it delay as long as they are possible to go for it. Other than that in stock markets the prices of all shares and securities will be fallen to a very low level. Even in practically all the construction activity no matter in buildings o r machinery comes to an end. 2.1.2 Recovery Recovery is also known as expansion. In this phase the depression period comes to an end. In recovery phase all the economic situations become favourable. As money become cheap it makes the other materials and also factors of production easy and cheap. Here the aggregate demand becomes low aggregate supply. Other than that the productive activity also has been increased and the entrepreneurs also have sufficient financial backing. This makes the further investment and production increased. For example when a construction company ends all their projects in depression phase, now the same company will start receiving orders and employing more employees to create more income and employment. Lastly the whole economy will be moving faster towards the boom phase. 2.1.3 Boom Boom is also known as peak phase and it is a turning point in trade cycle. This phase is the highest point in economic recovery. In this phase there is a large number of production and also trade. There is also a high level of employment and also the job opportunities in limited amount to permit a good deal of labour mobility. Aggregate Demand will be equal with Aggregate supply. Overall it makes the prices rise. Other then that it also makes a rising structure in interest rates so then a bullish tendency rules makes stock exchanges. For example when a construction company starts to make more profit and inverse more the will improve their business and may need more employees. So then it makes the company offer more employment and it also makes the company get high level of investment. 2.1.4 Recession Recession is the sharp slow down in the economic activity, but slight different from depression which is more severe and also pronged downturn. Aggregate demand is low then aggregate supply. As the depression created the conditions of recovery, it is similarly and the boom conditions generate their own checks. All the idle factors have been employed and also further demand must raise their prices, but the quality is also inferior. In this phase there should be less efficient workers which have been taken for higher wages. The interest rates will rises and also other materials. Finally the costs have started to upward swing. 3.0 Conclusion Macroeconomics is mainly associate to the balance between Aggregate Demand and Aggregate supply in the whole economy/country. If the aggregate Demand becomes higher than Aggregate Supply the excess demand will be cause inflation. If the aggregate Demand becomes lower than aggregate supply, then the insufficient demand will cause recession and unemployment. (796 WORDS)
Friday, October 25, 2019
Tony Earley :: essays research papers
Memory and Imagination within Human Experience      Tony Earley delves into his own memories in his book, Somehow Form a Family. In the introduction, he instructs the reader on the purpose of narrative form, defines a personal essay, and reveals the true nature of creative nonfiction. In the ten essays that follow, he provides sketches of the events and people who shaped his life. Earley focuses on a different bit of common ground in each story, giving his readers everything they need to know within a relatively short span of pages.      The uses of discernable facts, such as actual places, names, past events and past conversations, add elements of authenticity to Earley’s writings. From the Blue Ridge Mountains to the name Bill Ledbetter, to the numerous shows he watched throughout his adolescence, Earley presents these facts to the reader in order to tether the woven script to a tangible source. He repeats these facts over and over within each story, reflecting again and again on personal memories. Memory and imagination, Earley states, â€Å"seem to me the same human property, known by different names.†Earley makes this important point as he reflects on the individual’s ability to perceive an event uniquely due to imagination.      Miracles are not uncommon within Earley’s vivid memories. The imagination prevalent within his work reflects his own willingness to accept the supernatural into his reality. Earley relishes in his memories, now infused with the essence of his own imagination:           The first time I attended the Episcopal Church in my hometown with a                girlfriend, I was shocked by the complexity of the melodies the organist                played, by the sheer, tuneful competence of the singing. Until then I don’t           think I knew it was possible to worship God in cadences and keys actually                indicated in a hymnal.           In the years since I left, Rock springs has added air-conditioning and a                sound system and a fellowship hall, but has changed little in one important           way: the congregation still sings out of green, dog-eared copies of the                1940 Broadman Hymnal. Though I heard the songs in the Broadman sung           well only once a year, on Homecoming, the third Sunday in May, when                the church overflowed with visitors and our musical shortcoming were                hidden inside a joyful noise, they have always been the songs I love best.                I would be hard-pressed to recall even a single sentence from the hundreds           of sermons I heard growing up
Thursday, October 24, 2019
Five-Part Short Film Series, the Hire: Case Analysis of BMW
With many viewers of The Hire series asking for more short films and even some asking for a full length film what is the best option for B MM to take in order to one, maintain the market share they have gained through the series, and two, intention to increase their general market share. Four options have been set o UT by BMW as logical next steps for the auto manufacturer. As already stated two of the optic ions is to either release 5 more short films before there are copycat films made by other man effectuates or to create a full length film under the same premise.Continuing, another route the at BMW can take is try and â€Å"milk†their first series of short films and try to further their ma reek share generated through those films. Lastly BMW could do nothing in terms of The Hire but instead go back to their traditional marketing techniques and leave the short film tech queue as a success and not continue. However BMW will have to choose the correct path and choose quickly as their competitors will be trying to regain the market share that BUM W may have stolen from them.In early 2000 BMW had a six month window with not one future products bee Eng launched an opportunity presented itself for BMW to launched a non tradition anal marketing campaign not focused on one individual product. After deliberation BMW decide deed on a viral marketing campaign with the ending result being the short film series starring their own 7 series. BMW is now faced with the problem as stated earlier on how to o forth after such a success. One problem facing BMW is the idea of copycat marketing ca meanings by competing auto manufacturers that mirror the campaign of BMW.As stated I n Warren Michelle article : Calling all Copycats, â€Å"When BMW Canada introduced its shoo art film, drive, last September, it not only created a sensation among Toronto International elm Festival audiences, but also raised the bar for Canadian marketers. †Furthermore, Mimic hell went on to conclude â€Å"People were looking around for newness and here was a wonderful example. †Both are statements are amplifying the shift in marketing that companies must dad t do in order to stay in competitive and relevant in the new age of marketing.The acceptance and even the overwhelming approval of the BMW campaign shows that consumers are area day for this shift and are showing inventiveness and need for uniqueness. However with stain g those two character traits BMW has created its own issue with targeting the segment the eye have ( younger generation) that if they were to try and milk the original series or Cree ate more films, if full feature or not, that they need to stay unique and need to create something g new for those who are receptive to new products and marketing techniques.However, I do believe that Bum's strengths complements this segment wonderfully. To legislate, as stated in the Case based on Bum's market researched consumers of the BMW brand are †Å"people e who tended to be leaders, who worked hard,played hard, and achieved a lot very early in life†and with BMW being performance driven and there short film being based around someone who is leading someone to safety they are able to satisfy someone psychological needs. Further remorse, people who tend to be receptive to new products tend to be leaders in their world an d BMW products are for those powerful leaders.Firstly, one must consider all of the pros and cons to the options that BMW h as put forward to make an informed decisions on what the best course of action is. Beginning, BMW has the option to try and expand the audience for their first series of short fill ms and try to increase the positives that it provided. This is done by opening up The Hire to a wider audience by allowing the series to go to DVD or even allow it it to be seen in o there forms like theaters and other websites. BMW will essentially be using the short films as a cash cow and milk as much influence over the public that it can provide.This option allows f r a relatively low cost approach that still can increase Bum's market share while allowing BMW to focus on their upcoming releases of the 2005 models. However, I do believe that there are some negatives to this approach. For one, it opens up the door to competitors to be utter on what BMW did basically making their films obsolete in that segment This same coco renounces happened when copycats showed up during BMW first Z campaign when t hey placed their car in the James bond film goldenly, a technique that jaguar would become very attuned with.I believe that BMW must stay in their segment and strive for uniqueness ND for inventiveness. Continuing option two for BMW is to create another set of SSH rot films that continue on the story arc that was created in the first series. As stated in the c ease article more than 90% of viewers pleaded BMW for another set of short films continuing with Clive Owen returning as the d river. The positive behind such an approach that the excite meet that was generated will be able to carry over to a second series plus they are able to SST ay in the lower cost range without having to use millions of dollars to create a full length film.Furthermore, it lows BMW to use the same metrics they did with the first series which create sees an easier route to the end goal. However, as I have stated above BMW much look to sat y reuse In their advertising because that is what drew so many to the first films and prop died the positive blowback from the films. Also if copycat marketers were to start creating their own films Bum's films may get lost in a sea of material and their content could get undo ermined if a competitor was to make better content.Despite the drawbacks of copycats B MM may be able to use that in their favor if they are able to release their second set of short fill s before the market gets saturated. If BMW was able to get to market first then there con .NE T would be able to stand above to others while still looking unique and have the other co monitors have their content undermined. Doing this would allow BMW to maintain the Pearce option and attitudes that consumers have of them that they are a innovative brand, plus they will be able to maintain a halo effect with the positives of The Hire influencing the perception of the second series of film.In an overstated market, a positive perception is key. Thirdly, at the request of several of viewers of The Hire rise, BMW has the option of making a full length film based on the same story that was told in the first film s. Such interest has been shown for a full length film because how much people have invest d in the character of Clive Owens and they would like to see a full story told about the James Bond queues character.One of the main drawbacks that faces BMW with the develop memento a full length feature film is the costs associated with creating a 2 hour film that is o n par with t he quality that was presented in the first 5 short films. However, one of the posits eves to such an undertaking is that BMW is able to stay new and unique in a market that is go Eng to become very saturated. Plus need for uniqueness and innovativeness are two character restricts they represents their market base and they need to satisfy those characteristics.Co intriguing, the last route that BMW may be able to take is the least cost and easiest for them to complete, do nothing. The option allows for BMW to focus on more traditional marketing the at they have been consistently good at and they will be able to bring more focus back on t he individual products that they will be launching in there near future instead on just grow Eng the BMW brand alone. Furthermore, with more focus on the products they will be able t 0 focus On the competitive advantages that their products have over the competition because e they will be able to go deeper into the product features then the short fil ms did.The DOD inside of BMW gong back to tradition marketing ands not continuing with the short films is the at they're missing out on the opportunities that the short film series brought and they c an still grow their brand further of the first series and any upcoming films that they could do in the future. Summarizing, BMW has 4 different ways that they can tackle the problem ahead of them each with their positives and negatives outcomes. The Decision criteria that BMW must focus on and base their decision on is the at of what option allows them to grow their brand the most without giving up to m such.BMW must consider the resources and cash that they need to spend in order to act on EAI chi option and whether the inputs justify the outputs. Secondly, BMW must consider how the y will be perceived by the target market that they have segmented. Will the route they take be positively or negatively impact what the consumer think of the BMW brand. L ghastly, BMW must insider that the characteristics of their consumer if people who look for new and unique products and any option they take must register with these characteristics or they may lose what they gained through the excitement generated by The Hire.In summation, I believe the option that BMW should take the option of release Eng 5 more short films to complete the series and then advertise DVD's with the co meet ten part series. Believe that this is the best option for BMW because it allows them to capitalize on the hype generated by the first set of films plus it is giving the consumer what hey ask for. Furthermore, because they have already taken this route they will be able to generate the second series with relative ease and have a lower cost than creating a feature film.In addition, by releasing a DVD set that includes the first set Of films they are still able to milk the influence those films have. However the most important aspect of choosing t his option is making sure they release the films quick ly and before any competitors start FL doing the market. I believe in order to achieve that BMW must start producing the films right away and tot be as extensive with their build up to the second set of short films as they were the first.I believe that if done correctly BMW can further cement themselves in the pup err echelon of the luxury car manufacturer market. In the words of Mcdowell â€Å"We've always belie feed that the future belongs to the nimble. You see this in our cars, and you see this in our marketing. †There are several acts of corruption that need to be punished justly but I believe that the act that is the worst for the government and the public is conflict of interest.
Wednesday, October 23, 2019
Design and Critically Analyse International Marketing Essay
High marks will be awarded for work that demonstrates excellent understanding surrounding the key issues and a well structured systematic discussion. You are expected to have read widely around the subject area and have been able to integrate this reading to support your critical analysis. Please include evidence to support your discussion (e.g. academic papers, trade press, newspaper references, etc.). Additional Information: Articles in academic journals, or those suggested in the Readings, will cover the generic theories covered in the lectures, but will not provide you with detailed information on your chosen company/ brand. You are likely to find information on the specific companies/ brands on company websites, in the trade press, newspaper articles, etc. Before making a final choice about a company/ brand, be sure that you are able to collect enough information! Think in terms of the following: (1) how can you collect enough information and (b) how can you demonstrate that this information is reliable. Abstract†¦ The aim of this report is to find the ultimate market for Ferrari S.P.A. This task will initially start off with really basic screening processes to eliminate the obvious countries where there will be very little demand if any demand for this particular product. However when exploring deeper into this project, many complexities arise which encourages engaging in a more specific and detailed screening processors later on. In which this paper concludes that†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 1.1 Introduction†¦ Within this report its intentions are to find the most lucrative economy for Ferrari which they have yet to invest in. This will allow Ferrari to take advantage of that specific country by opening up a dealerships allowing them to be able to directly supply the market without the need to export and import the cars which can be expensive from both the business and the consumer via high transportation costs and tariffs/quotas. By doing this it will mean that Ferrari will increase their sale in that country as they will be more in the publics eye. Saudi Arabia car figures very good article: http://academic.reportlinker.com/d013032223/The-Saudi-Arabian-Passenger-Car-Sector-Key-Market-Figures.html Very good website showing Ferrari dealerships http://www.ferrari.com/English/Dealers/Pages/Dealer_Locator.aspx
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