Essay writing my school
Managerial Accounting Research Paper Topics 2011
Sunday, August 23, 2020
Symbolism in William Golding’s ‘Lord of the Flies’
3 Steps to Acing Your Upcoming Group Interview Youââ¬â¢ve been approached in for a board meet. Perhaps youââ¬â¢re threatened. Perhaps frightened. Possibly youââ¬â¢re not even sure you comprehend what that really involves. Whatever your degree of fear, here are three simple strides to traversing your board meet tranquilly and in one piece. Stage 1: BEFOREYou reserve the privilege to ask who will be on your board. Do this. At that point inquire about each board part as well as could be expected. Youââ¬â¢ll have the option to make sense of a considerable amount and get ready better for what each may be generally quick to ask you. What does this specific gathering of individuals educate you regarding what the organization is attempting to assess?You can likewise ask to what extent (generally) the meeting should last. This will give you a nice sentiment for what amount to and fro conversation will be conceivable, how much space youââ¬â¢ll be given to pose inquiries, to what extent your answers can be, etc.Step 2: DURING Treat every individual on the board like an individual not simply one more anonymous face. This isn't an indifferent divider asking you inquiries. Every questioner on your board is another chance to make a human association and persuade that a lot more individuals in the organization what an extraordinary fit you would be.Be sure to observe everybodyââ¬â¢s name as they are presented. Record every one if that causes you recall. When responding to questions, talk straightforwardly to the person who asked, yet then attempt to widen your answer out to cause the remainder of the board to feel remembered for the discussion.Step 3: AFTERYouââ¬â¢ve took in their names and put forth an attempt to interface with each board part presently thank every single one of them earnestly withâ solid eye to eye connection and a quality handshake. From that point forward, itââ¬â¢s the typical post-meet follow-up methodology. Be that as it may, recall that you have to keep in touch with one card to say thanks for each board part. It appears to be a torment, however itââ¬â¢s these little contacts that will help set you apart.The board talk with: 6 hints for previously, during, and after
Friday, August 21, 2020
The Value Of Assessing Performance Business Essay
The Value Of Assessing Performance Business Essay An evaluation is an appraisal of a representatives execution, potential, and formative needs. It is additionally a chance to audit the representatives nature of work, to think about what has been accomplished during the period and concur upon the goals going ahead. Examinations can profit the two managers and representatives by improving their activity execution, making it simpler to recognize what they are progressing nicely, what they have to enhance, and the most appropriate activity that should be taken for what's to come. I work for Dubai Multi Commodities Center (DMCC); being a legislative authority DMCC is committed to direct yearly and half yearly evaluation process. The mid-year evaluation assists with auditing the initial a half year execution and to feature on regions that need improvement, along these lines giving a worker sufficient time to guarantee that her/his individual destinations are accomplished during the year-end execution survey. This proper evaluation process is generally composed and incorporates rounding out an exhibition survey structure marked by both the line-administrator and the worker. A significant segment of DMCCs execution examination process is the setting of SMART goals.â SMART Goals are widely known and famous apparatuses in execution management.â Every worker is solicited to archive an arrangement from objectives that are Specific, Measurable, Actionable, Realistic, and Time-bound. Ensuing to the line administrators common endorsement the representative at that p oint progresses in the direction of achieving these objectives in the year ahead. Other than the two proper half-yearly examination meetings, we additionally lead casual evaluation and criticism meetings each quarter. These meetings may incorporate criticism that isn't constantly positive. It is in every case better to urge the representatives to see their evaluation as a chance, not a danger to their expert prosperity. All the more significantly the line-chief must guarantee that the gathering is a two-way discussion, not a talk. An exhibition examination should be straightforward, in any event, when representatives may not generally need to hear what their line-director needs to state. The accomplishment of the evaluation procedure relies upon the line-chiefs status to finish a beneficial and target examination and on the representatives preparation to react to useful proposals and to work with her/his administrator to arrive at future objectives. Rousing the group to improve execution in the work environment There are different variables that impact how representatives act at work environment and everything depends onâ the nature of work that she/he does. For example, it is reasonable for expect that a worker working inside client administrations is goingâ to get influencedâ by how the clients act. Likewise, nature at the work place is persuasive of how different associates carry on with one another. On the off chance that partners don't coexist with each other at work, at that point they may not perform as well as could be expected and may battle to meet the goals that the business has set. Theâ relationshipâ between workers and the business is likewise another principle factor that influences the conduct of a representative. It is conceivable that the employeesâ are not content with specific factors or movements at theâ work placeâ and along these lines they don't feel energetic about their work. In this way, the line chief must guarantee thatâ her/his colleagues are glad and reexamine what enhancements can be made to guarantee that all representatives are impacted to decidedly. There is an all inclusive principle that glad representatives contribute essentially in havingâ a effective business.â While it is essential to teach a representative for wrong doing, it is similarly imperative to commend somebody for accomplishing a difficult undertaking. Inspiration can be of a wide range of structures. No standard type of inspiration works for each individual. Each structure impacts special conduct. Since every individual character varies, so does the sort of inspiration. I fill in as a Senior Financial Accountant at Dubai Multi Commodities Center (DMCC). Having finished four years in my present job and six years by and large I have seen myself develop and change into various initiative styles. As of now overseeing a group of three junior bookkeepers, I am capable of guaranteeing exact and opportune detailing of monetary execution month to month. In my activity I also have difficulties to confront with regards to conveying the board gives an account of time and guaranteeing that the reports have no material mistakes or exclusions. There have been examples when the framework goes down and reports must be incorporated physically, which can take longer time and require late sittings. Propelling youngsters to be steadfast and convey in spite of chances is troublesome if not done consistently. Impetus is aâ common type of inspiration that incorporates both money related and nonmonetary rewards. I attempt to guarantee my group is constantly content and the remaining task at hand is shared uniformly among the group. The week by week group gatherings and quarterly evaluations meetings are valuable to gage a superior comprehension of the group and conceptualize all in all to discover answers for issues. Every last one of us has diverse center skills and using the qualities of every individual beneficially is named compelling administration. Famous analyst Abraham Maslow set up the inspiration hypothesis which sorts the five human needs running from essential endurance like food and safe house to the requirement for self-completion. Maslow accepted that once one need is fulfilled, an individual seeks after to accomplish the following need. At the point when applied to work environment, the hypothesis suggests that the line-director must comprehend the current needs level of every representative to determine what will spur her/him. To outline, a recently recruited employee that has been jobless for an all-inclusive time will roused for the most part by the requirement for essential endurance. Then again, a representative concentrated on professional success would be increasingly disposed to accomplish self-realization; in this manner it is insightful to distribute her/him to more significant level assignments. Carrot and Stick is the one of the most conventional persuasive hypothesis perceived by logician Jeremy Bentham. It parts inspiration into two fundamental components: motivators and dread. A few representatives are spurred by the yearning to win higher pay, a longing to accomplish status and force by climbing the stepping stool, or the requirement for tribute. Yet, a few workers act better out of dread: the dread of losing an employment, being condemned by their line-administrator or the failure to sufficiently play out an undertaking. In my group, I frequently utilize the carrot and stick strategy relying upon the circumstance. The need to accomplish a higher rating during the presentation evaluation audit meeting urges representatives to perform better and the dread of being reviewed low urges workers to try harder and improve their efficiency. Since the presentation rating is straightforwardly connected to pay increases, each representative is spurred by the higher money related p rize carrot. The estimation of input in the work environment Normal criticism is fundamental to improve productivity and concordance inside the group. In most unremarkable organizations aggregate criticism is given once during the yearly execution examination meeting. Then again in a gainful work environment, compelling input is given at every chance. The line supervisor must guarantee that criticism be given both at an individual level just as the group level. Criticism ought to be applicable, earnest, and all the more critically positive input should exceed negative input. Moreover the line administrator must guarantee that she/he assemble a positive premise which makes any analysis increasingly adequate and reasonable. Giving incessant positive input empowers conversation and encourages the worker to acknowledge adjustment or reactions criticism with a sound disposition. The line chief ought to likewise give criticism that is explicit and individualized. Giving single amount criticism or group input is summed up and doesn't contribute as a lot to propel efficiency or make positive change. At the point when the input applies to explicit objective, representative, or target it is increasingly compelling and has more capacity to affect conduct. Pages = 3 Words = 1,260
Saturday, July 11, 2020
Essay Writing Tips - Essay Topic Ideas For Different Types of College Essays
Essay Writing Tips - Essay Topic Ideas For Different Types of College EssaysIf you are looking for a way to improve your academic record and to improve your SAT or ACT scores, a good way to do this is by writing an essay on various topics. Writing these essays can be challenging at first. Because many students do not have the ability to write well, and this tends to make them more vulnerable to negative remarks about their essays, they need to hire a college writing company that will ensure that their essays are perfect. Here are some tips to help you with these essays.Before you begin writing your essay, you should look at your writing abilities. If you are naturally good at writing, then this is a good thing. However, if you find yourself struggling, it may be a good idea to look for an essay writing company that can help you with certain aspects of your essay. This will not only make your essay's better, but it will also make you more confident in the topic you are writing about.H ow long will you be writing your paper? You want to make sure that you are writing at least four pages long. If you have to work over this amount, you may want to consider getting a college writing service to work with you. Most of these companies can do a wide variety of different types of writing for you. They can help you with the written portion of your essay, and then they can help you with editing your essay before you submit it.Choose a particular area of your topic that you think will be interesting to you. This way, when you begin writing, you won't feel as if you are reading an entire essay. These essays will consist of one paragraph per topic, and then you can include your thoughts and feelings for each topic.The most important part of an essay is the introduction. Your introduction should outline what you will be writing about, and why you are writing it. You should make sure that you keep your introduction to about three pages long. You should also write something about your interests in your opening paragraph.When you are done with your introduction, then you should start writing your first paragraph. This is the first part of your essay. It should be something you would like to read in a book. Since you are writing for a class, it should be clear that you are giving the reader something they can use to form an opinion of you. Make sure that your sentence count is correct.The last part of your essay is your conclusion. Your conclusion should give your reader the reason why they should read your essay and should show why your essay is worth their time. Make sure that your conclusion is within the guidelines of your essay. Also, make sure that you can add a couple of sentences to give further support to your argument. Finally, do not forget to use proper grammar and spelling.
Wednesday, May 20, 2020
Frankenstein, By Mary Shelley - 1532 Words
Like any author, especially one who created a new genre, there will be criticism, and Shelley is no exception. Shelley received criticism surrounding Frankenstein not only because she was a female writer, but because of her writing style. Originally, Frankenstein was published anonymously and was thought that her husband, Percy Shelley, wrote it (ââ¬Å"Mary Shelley Biographyâ⬠2016). Shelley may have published Frankenstein anonymously because ââ¬Å"ââ¬â¢women understood that they got a ââ¬Å"better hearingâ⬠if it was thought they were malesââ¬â¢Ã¢â¬ (Ezell 35). Women who wrote literature in the 1800ââ¬â¢s were not taken seriously and their pieces were seen as having no literary worth. Additionally, Shelley was both young and had no formal education, her style was bold and lacked refrain from grotesque details. Shelley wrote about psychological disturbances in Frankenstein and how Victor shows symptoms of narcissistic personality disorder (McCulloch 2002). Fr ankenstein also suggested an incestuous relationship between Victor and Elizabeth, who grew up as his ââ¬Å"more than sisterâ⬠(McCulloch 2002; Shelley 35). Shelley apologized for her bold and unrefined style in her diary entry written in 1831 and said that she was handed all the tools that she needed to be a distinguished writer but she let everyone down (Poovey 346). She may have felt this way because she had only one true success and could not live up to the expectations set forth by her novelist parents and her poet husband. Even though Victor deviatesShow MoreRelatedFrankenstein, By Mary Shelley1650 Words à |à 7 Pagesbook of Frankenstein does one just think of a mythical science fiction book that really has no meaning? Frankenstein can have numerous meanings depending on how a person perceives it. Frankenstein can be analyzed into many themes; some say religion, feminism, or scientific symbolization, it all depends on ones own perception. When one analyzes further into Mary Shellyââ¬â¢s life and then interprets the novel it is obvious that is a sociological theme. One can simply assume that Mary Shelley creates FrankensteinRead MoreFrankenstein by Mary Shelley1093 Words à |à 4 Pagesfaster than man can contend with. That argument is the premises, moral, and plot base for Mary Shelleys tale Frankenstein. On the other hand, J. Michael Bishops, essay Enemies of Promise à on the other hand promotes and boast sciences achievements. However, Mary Shelley presents her point of view subtly yet very dramatically, which is much more effective than that of J. Michael Bishop. The dramatic story Shelley creates becomes a part of the reader, therefore holding the readers attention. ShelleysRead MoreMary Shelley Frankenstein859 Words à |à 4 Pages Mary Shelley The Creature in Mary Shelleyââ¬â¢s ââ¬Å"Frankenstein or the Modern Prometheusâ⬠needs a companionship as every ordinary human. Every man needs a woman, who will able to share moments of happiness and sadness, a woman who will be able to share thoughts and of course a woman who will be able to love a man. In this case the Creature needs a bride. But the problem is that the Creature from the ââ¬Å"Frankenstein or the Modern Prometheusâ⬠is not a human. SoRead MoreFrankenstein, by Mary Shelley1138 Words à |à 5 PagesIs Frankenstein a man, whose ambition led to a disaster; or a monster, which created a life with disregard for the human race? Frankenstein, in my opinion, was the monster not the life that he had created. Frankenstein never admitted to his family what he had done, never admitted responsibility for his actions. He might as well have killed Elizabeth, William, Justine, and Clerval with his own hand. The so called ââ¬Å"Monsterâ⬠only wanted companionship; he did not want to murder those people. TheRead MoreFrankenstein, By Mary Shelley1325 Words à |à 6 PagesI have been informed that you are pushing to remove the book Frankenstein by Mary Shelley from the school curriculum. Iââ¬â¢ve decided to write to you and explain why I believe that you are misinformed, and in fact, why this is a huge importance to the students of today. Frankenstein is a classic which recounts the life and horrors of Victor Frankenstein, as told through a series of letters and narrations. His obsession with the natural world and science brings him to a state of mind which ultimatelyRead MoreFrankenstein, By Mary Shelley1580 Words à |à 7 PagesFrankenstein by Mary Shelley is a sci-fi novel written during the Romantic Movement in Britainââ¬â¢s early nineteenth century. The movement was stimulated by the French Revolution, Industrial Revolution and in reaction against the emphasis on reason in eighteenth-century Enlightenment philosophy (The Romantic Movement, 2014 ). Mary Shelleyââ¬â¢s husband, Percy Shelley was also a romantic poet during the movement. Shelleyââ¬â¢s novel is evidently influenced by her relationship with her husband, which is illustratedRead MoreFrankenstein by Mary Shelley739 Words à |à 3 Pagesinterconnections of humanity, nature, and divinity (ââ¬Å"Romanticism 1â⬠). English Romanticism being trendy in Europe, people would vent their outlooks onto their personal fiction works such as Mary Shelley. Shelley uses vivid creativity and romantic elements to create one of her admired novels, Frankenstein. In Shelleyââ¬â¢s novel, Frankenstein, most of the characters prove their compassion for mankind, prove their rejection of technology and science, and prove their involvement in a romantic quest. These several characteristicsRead MoreFrankenstein, By Mary Shelley1040 Words à |à 5 Pages In 1818, a book titled Frankenstein was published anonymously, mysteriously dedicated to William Godwin, a prominent journal ist and political philosopher of his time. The immediate reviews of the novel were mixed, most edging towards critical, although no one knew who the book was written by. However, while Frankenstein failed to gain popularity immediately, no one had any idea the lasting impact this novel would have on the world. Despite the lukewarm reception at its debut, it soon proved to beRead MoreFrankenstein, by Mary Shelley1078 Words à |à 5 PagesMary Shelleyââ¬â¢s Frankenstein has undoubtedly withstood the test of time. Frankensteinââ¬â¢s direct association with fundamental Gothic literature is extremely renowned. However, the novelââ¬â¢s originality is derived from the foundational thematic values found within the relationship (or lack there of) between Victor Frankenstein and the monster he had created, in combination with a fascinatingly captivating plot. Understandably, Frankenstein can often be associated with a multitude of concepts; however,Read MoreFrankenstein by Mary Shel ley1223 Words à |à 5 Pagesto have multiple narrators telling a story? In Mary Shelleyââ¬â¢s gothic novel, Frankenstein, three main narrators tell the story about the creation of a monster and the events that follow. The job of narrator shifts between Robert Walton, Victor Frankenstein, and the monster that Victor creates. As each narrator shares his own recollection of the events that occurred, new facts are introduced to put the pieces of the puzzle together. Although Frankenstein uses multiple narrators to tell the story, it
Wednesday, May 6, 2020
A Review On Asset Pricing Literature - 2139 Words
Introduction. This write ââ¬â up is aimed at critically reviewing Campbell, J. and Vuolteenaho, T., 2004, Good beta, bad beta, American Economic Review and its contribution to asset pricing literature which proposes a simple and intuitive two ââ¬â beta model that captures a stockââ¬â¢s risk in risk loading factor (BETA) and decomposing the market beta of a stock into cash ââ¬â flow beta (bad beta) and discount ââ¬â rate beta (good beta) . BAD BETA, GOOD BETA Owing to the failure of CAPM, some extensions of the model have been introduced which includes this article as an alternative to the familiar the CAPM. They introduced the idea of decomposing the market risk beta into two Good Beta, Bad Beta critically reviewing the American Economic . This paper they critically reviewed the failure of CAPM to ââ¬Å"describe the average realized stock returns since the early 1690s using a value ââ¬â weighted equity index as a proxy for the market portfolioâ⬠. (Campbell, J. and Vuolteenaho, T., 2004, p 1). It was observed that small stock and value stock have delivered higher average returns than their beta can justify, also bringing to light stocks with high past beta having had average returns not higher than stocks of the same size with low past beta, which tends to remain unexplained by CAPM. In accurately ascertaining risk faced by investors, the duo proposed that the Sharpe - Linter CAPM should be decomposed into two different beta: cash ââ¬â flow beta (Bad Beta) and discount rate beta (Good Beta). TheyShow MoreRelatedThe Arbitrage Pricing Theory ( Apt )1084 Words à |à 5 PagesI. Introduction Background Ever since Ross (1976) proposed the Arbitrage Pricing Theory (APT) as an alternative to the capital pricing model, many economists and investors have applied APT across different markets. Whereas the traditional capital pricing model explained asset returns with one beta, sensitivity to the market return, APT decomposes the return with a multiple number of factors. This idea became particularly popular for investors who aim to gain systematic risk other than market riskRead MoreThe Valuation Of Mutual Fund1461 Words à |à 6 Pagesmodels have the purpose of assessing the expected returns of stocks and evaluating their performance related to the exposure to the market. The exploration for the risk-related asset pricing model that clarifies variations in stock returns is one of the most important issues in finance. Apparently, the capital asset pricing model (CAPM), which is proposed by Sharpe (1964) and Lintner (1965), and the Fama and French three factors model, which is proposed b y Fama and French (1992, 1993 and 1995), areRead MoreTheories Of Asset Pricing Behaviour801 Words à |à 4 Pagesyear. Let me firstly clarify what is meant by anomalies in the market, Anomalies within the market are empirical results that are inconsistent with current theories of asset-pricing behaviour ( G.William Schwert). Anomalies represent inefficiency in the market ( i.e. Arbitrage opportunities) or issues with the underlying asset-pricing model. Scholars have documented many effects that have generated anomalies: Weekend Effect, January effect, Size Effect, momentum and contrarian effect. However onceRead MoreQuestions On Arbitrage Pricing Theory1493 Words à |à 6 Pagessystematic factors with considerable ability to explain security returns.â⬠Arbitrage Pricing Theory 1. Introduction â⬠¢ Brief background on the subject from the literature Ever since Ross (1976) proposed the arbitrage pricing theory (APT) as an alternative to the capital pricing model, many economists and investors have applied APT across different markets. Whereas the traditional capital pricing model explained asset returns with one parameter beta, sensitivity to the market return, APT decompose theRead MoreA Chooser Option Or A Straddle : Valuation And Efficiency Analysis1423 Words à |à 6 Pagesor feelings about the future movements of the market. Multiple strategies involving options exist today, but in the proposed study the attention will be paid to the strategies which presuppose the increase in the future volatility of the underlying asset such as straddle or strangle. The emphasis is made on this type of strategies since the volatility, which dramatically increased after the financial crisis of the end 2000-s, still has not reached the pre-crisis levels in the worldââ¬â¢s largest economiesRead MoreRisk Management Is Not Avoiding Or Elimi nating Risk Essay1622 Words à |à 7 Pagesthat experienced asset quality problems due to lack of effective credit review process. The purpose of credit review is to provide appropriate checks and balances to ensure that credits are made in accordance with bank policy and to provide an independent judgment of asset quality. Fourth, a common and very important problem in credit process is lack of monitoring client or collateral value. In absence of monitoring process the bank will fail to recognize early signs that asset quality will deteriorateRead MoreInflation and Currency Risk644 Words à |à 3 PagesChapter 1: Research Overview 1.1 Background of the Study Inflation and currency risk is the possibility that the value of assets or income will decrease as inflation shrinks the purchasing power of a currency. Inflation causes money to decrease in value at some rate, and does so whether the money is invested or not. Malaysia is part of the worldwide emerging market where the country aims to achieve the status of a developed country by the year 2020, however, the increase in inflation and currencyRead MoreNotes On The Value Of Diversification1352 Words à |à 6 Pagesinvesting a basket of assets in portfolios. But what contributes to the success of portfolio diversification? A large number of assets? A variety types of asset allocation? Adding international investment? Numerous of risk factors? They are all indicators of a well-diversified portfolio. In this case, we will discuss about the advantages and disadvantages of diversification in portfolio management with related indicators. On one hand, some mention dynamic and numerous assets a llocation in the portfolioRead MoreBinomial Model : Black Scholes1630 Words à |à 7 Pages Rajdeep Atwal December 2015 The University of Leicester CT8: Financial Mathematics Black Scholes and Binomial Model ââ¬Æ' Contents Literature Review 3 Binomial model 3 Black Scholes 5 Justification 7 Binomial model 7 Black Scholes 11 Modified Exam Question 11 Binomial model 13 Black Scholes 16 Bibliography 16 Literature Review These models are very similar, they are based on similar theoretical foundations and have a series of assumptions, such as; Geometric Brownian Motion and risk-neutralRead MoreEssay on Risk and Return Analysis for Efficient Portfolio Selection 892 Words à |à 4 Pagesà ²eta, Standard deviation and Co-efficient of variation). 3.2 Theoretical objectives The main goal is to use quantitative measures of risk and return to a balance that suits an individual investor. The following topics will be addressed in my literature review: â⬠¢ Risk Management and strategies for risk management. â⬠¢ Risk premiums (major types of risk: financial, business, liquidity, currency, political, callability, and convertibility). â⬠¢ Investment risk classifications, basis of investment and measurements
Deman and Supply of Product and Factors
Question: Describe about the Demand And Supply Of A Product And Factors That Affect The Demand And Supply Sides Of The Market. Answer: Introduction Demand and supply are factors that determine pricing for a commodity in a free market. While the pricing for goods tend to be determined by the demand and supply, the cross elasticity tends to have a significant bearing on the final pricing of the commodity (Mth, 1961). Interestingly, companies like Uber also use the demand-supply analysis for price determination of their service, often creating a sudden surge in pricing as demand moves up. The analysis of demand and supply is useful for both individuals as well as small businesses as it helps them in everyday decision making by accessing market situations in a better manner. The product that is being considered is airfares. This commodity is a classic example of the demand-supply model of price determination in a competitive market and exhibits a clear cross elasticity of demand due to the various options available for travellers, making it an apt example for consideration. Demand Supply Model Of Price Determination The four scenarios to be considered in this model are An increase in demand and no change in supply results in a higher price and quantity for the commodity or service. A decrease in demand and no change in supply- results in a lower price and quantity for the commodity or service. An increase in supply and no change in demand - results in a lower price and higher quantity for the commodity or service. A decrease in supply and no change in demand- results in a higher price and lower quantity for the commodity or service. Assuming that the consumer uses accurate information and makes rational decisions, it can be seen that the pricing for the commodity would vary depending on the demand and supply conditions prevalent in the market. The fair market scenario tends to move towards an equilibrium, wherein the equilibrium price is determined by the balance between the supply and demand. Unfortunately, the real word situation tends to be different with a significant change in free availability of accurate information (Grossman Stiglitz, 1980). The Cross Elasticity Of Demand And Its Impact On Pricing This pricing model is seen in commodities that can be easily substituted by competing products. Price discrimination is directly proportional to competition in this industry (Stavins, 2001). In such a scenario, when the price for a chosen product increases, consumers look at similar products that are available at a lower price, to satisfy their needs. Thus, the demand for a lower priced commodity would increase and a higher priced commodity would decree if they are substitutable. Sellers try and insulate themselves this situation by creating goods and services that cannot be easily substituted. For instance, airfare for budget airlines and premium airlines cannot be substituted. However, if there is a significant price variation between airfares in the budget class then cross elasticity would apply. Airfares And Pricing Based On Demand-Supply And Cross Elasticity By applying these theories to air fares, it can be seen that the higher disposable income as well as the comfort and convenience offered by flights have increased the demand for flight tickets. This is however regulated by the availability of alternative flights, thus ensuring a balanced pricing for air fare. This reflects the cross elasticity of demand, wherein a commodity is substituted by an alternative commodity available at a lower price. It is further observed that any spike in airfare tends to result in a drop in the demand for the same as travellers look at alternative modes of travel like road or rail. In the real world, the airfares tend to be high on weekends and lower on weekdays from Tuesday to Thursday. The exception to this rule is seen on extended weekends, wherein airfares tend to spike due to the sudden influx of persons looking forward to a mini-vacation. This reflects the classic case of pricing (of air tickets) being determined by the forces of demand and supply (Wei Grubesic, 2016). However, governments do insist on a cap in pricing or ceiling price to ensure that consumers are not fleeced by airlines and the supply to genuine consumers continues within a certain price band (Posner, 1974). It is further seen that airlines tend to offer exorbitant price discounts during lean seasons or in conjunction with special days (Lohatepanont Barnhart, 2002). While the latter is a publicity gimmick; the former is an attempt to influence buyer behaviour by lowering prices. As the seller changes prices to lower levels, the commodity starts to look more attractive and often influences buyers to shift the purchase from competitors (Cattaneo, et al., 2016). It is important to remember that the nature of the demand curve is influenced by the industry in which the firm operates (Rosen, 1974). For instance, commodities that cater to a particular niche tend to be more rigid and do not exhibit any significant elasticity due to pricing. In case of airfares, the business class pricing tends to remain virtually unchanged over the shorter time frame as persons travelling for business continue to do so regardless of minor fluctuations in pricing. Conclusion Considered the backbone of any economy; the correlation between price, demand and supply help in the efficient allocations of resources to ensure maximum profits for organizations. In the real market, price equilibrium is mere theory as prices are constantly affected by fluctuations in supply and demand (Knittel Pindyck, 2016). While, the consumer is able to regulate prices by influencing the demand, the seller controls the supply. In a free market, the seller tries to reduce supply to maintain prices at desired levels, the consumer works at reducing demand for the commodity to drive prices downwards. References Cattaneo, M., Malighetti, P., Morlotti, C. Redondi, R., 2016. Quantity price discrimination in the air transport industry: The easyJet case. Journal of Air Transport Management, 54(1), pp. 1-8. Grossman, S. J. Stiglitz, J. E., 1980. On the Impossibility of Informationally Efficient Markets. The American Economic Review, 70(3), pp. 393-408. Knittel, C. R. Pindyck, R. S., 2016. The Simple Economics of Commodity Price Speculation. American Economic Journal: Macroeconomics, 8(2), pp. 85-110. Lohatepanont, M. Barnhart, C., 2002. Airline Schedule Planning: Integrated Models and Algorithms for Schedule Design and Fleet Assignment. Transportation Science, 38(1), pp. 19-32. Mth, J. F., 1961. Rational Expectations and the Theory of Price Movements. Econometrica , 29(3), pp. 315-335. Posner, R. A., 1974. Theories of Economic Regulation. Bell Journal of Economics, 5(2), pp. 335-358. Rosen, S., 1974. Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition. Journal of Political Economy , 82(1), pp. 34-55. Stavins, J., 2001. Price Discrimination in the Airline Market: The Effect of Market Concentration. The Review of Economics and Statistics, 83(1), pp. 200-202. Wei, F. Grubesic, T. H., 2016. The pain persists: Exploring the spatiotemporal trends in air fares and itinerary pricing in the United States, 20022013. Journal of Air Transport Management, 57(1), pp. 107-121.
Thursday, April 23, 2020
Interesting 1984 Essay Topics and QuestionsÃÂ
1984 is one of the classical dystopia novels that explores the complex nature of totalitarian authority. George Orwellââ¬â¢s thought-provoking book has been analyzed for years with the view to highlight the main symbolic themes that put a sharp focus on the perils of despotic leadership. It is not a wonder that common mainstream terms like, ââ¬ËNewspeakââ¬â¢ and ââ¬ËBig Brotherââ¬â¢ were created by the novel. After more than 30 years, the historical textââ¬â¢s popularity has been on the sharp rise probably triggered by current global events. The intriguing characters depicted in the book have been the subject to attention-grabbing topics that one can borrow to craft an essay. If you embark on writing an essay, your objective will be to analyze the political satire and the rich historicism employed by the author. Besides, the topic you choose will determine how to write the thesis statement. The subject to pick is also determined by the type of essay. How to Select the Best 1984 Essay Topic? Enjoy Our Tips The fact that the novel was published years ago might make some students assume that all the good topics have been covered. However, ideas are endless. A proven strategy is picking a topic and then narrowing down to a particular element of a character or story in 1984. This also helps to avoid the common mistake of narrating everything about the novel. The key to unlocking the complex hidden themes in a particulate topic is first to gain an understanding of the subject being studied. It would be helpful if you researched the historical events from the fall of the Russian Tsar leading up to the fall of the communism. Doing so will make you understand the significance of the themes that went into developing the plot. Bearing in mind that 1984 novel delves more on political themes, you can draw more topics from that direction. Consider directions of human rights, authoritarianism, personal freedom, censorship or media. But first, understand the topic to a point you will be able to explain the relations between the political satire and the historical events in the book. List of 1984 Essay Topics for Students Just like George Orwell was able to inspire other writers, our topic ideas will go a long way to point suggestions on what type of subjects to look out for. Feel free to borrow our ideas to write your essay. Check our list of the topics that could transform your essay into an outstanding piece: The contrast between Julias and Winstons opinion on the party In 1984 Intimacy and sex Doublethink Room 101 Brainwashing, indoctrination or social programming. Symbolism depicted in the book Totalitarian Collectivism Technology Selective social standards Effective 1984 Essay Questions We have many topic ideas related to the novel, however, we have put together a list of essay questions for 1984 that are common to find: How is technology used by Oceania as a method of social manipulation and control? What is the symbolic significance of Room 101 in the book? Describe the role of Big Brother in the novel. How does Big Brother affect Winston and his obsessions towards it? Trace Winstonââ¬â¢s actions that led to his fallout with the party and ultimate destruction. Can he overcome his downfall? How do Newspeak and the partyââ¬â¢s social manipulation limit the citizenââ¬â¢s free-thoughts and self-expression? How does Juliaââ¬â¢s and Winstonââ¬â¢s parallel opinions towards the party contrast with their motives? How do the two differ in their ideas of fatalism? What are the roles of the ministry of Love, Truth, Peace, and Plenty in the lives of Oceania citizens? How to Come up with Great 1984 Essay Ideas to Write a Perfect Paper One can develop so many ideas from the novel. Writing an essay about it should not present any challenge. A lot of the satirical themes and characters are a source of topic ideas that you can discuss in your paper. à The social setting in Oceania can be compared to other countries that maintain a similar controlled totalitarian rule. Also, the political system heavily entrenched in ideologies of Newspeak give several themes we can deduce ideas. The literal devices employed and their role in the novel can also be analyzed in the essay. Besides, you can highlight the degradation of family ties from the fate of various characters. Spying and the role of institutions like Thought Police in Oceania are other ideas you can analyze. The above guide was meant to help you with your essay on Orwells novel. However, you can request for assistance with the paper if your busy schedule is an inconvenience. We offer professional writing services to students in any type of academic papers. 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