The Demand And Supply Analysis - 2015 Words

Introduction: The most important tool in microeconomics is the demand and supply analysis. Demand refers to the amount of the product which is desired by the purchaser at a certain price level where as the supply of the product represents the amount of quantity that is supplied in the market at a certain level of price. There are different factors on which demand is dependent. Apart from the price of the product, the demand depends upon the income, the number of consumers, preferences of the consumers and income of the consumers. The supply of the product depends upon the price of the product, future expectation of the prices and price of the factors of production (Colander 2013). Resources availability is limited in the country so there is a need to observe the demand and supply so that the resources are not exhausted. The demand and supply mechanism is analyzed before getting into a detailed discussion upon the demand and supply of human resources and iron ore resources in the Australian econo my. Several newspaper articles has been collected showing the demand for the skills in the state of Queensland and the supply iron ore has dropped in respect of the increase in global supply more than the demand. Mechanism of Demand and Supply: When the other factors, which are seen to affect the demand for the product is constant then a rise in the price of the product, will lead to fall and when there is fall in the prices then there will be an increase in the demand. There isShow MoreRelatedDemand and Supply Analysis1399 Words   |  6 PagesDemand and Supply Analysis 1. Demand indicates how much of a good consumers are willing and able to buy at each possible price during a given time period, other things constant. 2. The process to satisfy human wants/ needs/desires. * Want: having a strong desire for something * Need: lack of means of subsistence * Desire: an aspiration to acquire something 3. Demand: effective desire 4. Demand is that desire which backed by willingness and ability to buy a particular commodityRead MoreAnalysis of Demand and Supply1066 Words   |  4 Pagespurpose of this analysis is coffee. Jamie: Causes of Shifts in Supply and Demand for Coffee A shift in either the demand or supply of coffee could be caused by a number of things. I will start with factors that could trigger a shift in the demand curve of my product of choice. The demand curve according to Mankiw (2008), shifts if something happens to alter the quantity demanded at any given price. To begin with, customer preferences could bring about a shift in the demand for coffee. In thisRead MoreSupply and Demand Analysis2038 Words   |  9 Pagesprice in elasticity of supply and demand. We will discuss how quantity demanded and quantity supplied has changed due to price changes and technology innovations. We will discuss how government regulations create surplus or shortage of airline flights. Supply and Demand Analysis Delta is the one of the major airlines of the United States that carries cargo and passengers. Opportunities for Delta in terms of equipment are highly advanced and are constantly improving. Demand for leisure travelRead MoreSupply And Demand Simulation Analysis1189 Words   |  5 PagesSupply and Demand Simulation The economy is a practice that relies on principles and concepts. The different focuses are based on a Macro and Micro perspective that creates the commercial and consumer environment. It is important to understand how these principles and concepts relate to the environment to create strategies that will, in return create profit and confident investments. The supply and demand simulation highlighted the important of just that from a commercial setting. Today’s housingRead MoreEconomic Analysis : Supply And Demand867 Words   |  4 PagesSupply and Demand Economic Analysis is defined as the systematic approach of the use of resources and comparing two or more resources in order to achieve a specific objective with limitations of specific constraints and assumptions. Economic Analysis is basically a measure of how well the opportunity costs for resources are employed and attempts to measure these results in monetary terms for the benefits of a certain project or economy of a country. The paper will analyze a management firm knownRead MoreUsing Demand And Supply Analysis2105 Words   |  9 PagesUsing demand and supply analysis show how equilibrium price and output are established. Discuss the likely consequences of government attempting through regulation to change market equilibrium prices. The model of supply and demand, is explained by the price and quantity of a product sold in a market. This model is simple but is fundamental to economics. The supply and demand model is made of five key elements, which are the: demand curve, supply curve, law of demand, the law of supply and alsoRead MoreAutomobile Demand and Supply Analysis in India1791 Words   |  8 Pagesover the last five years. The Demand Side Analysis 1. Law of demand 2. Movements along the demand curve and shifting of demand curve 1. Law of demand The Law of Demand states that the relationship between a good’s price and the quantity demanded of that good is negative. This is referred to as a â€Å"change in quantity demanded†. Own-price change cause movement along a given demand curve. The demand for automobiles for is dependent of certain factors: The demand function for X: XD =Read MoreAnalysis Of The Aggregate Demand And The Aggregate Supply Model Essay946 Words   |  4 PagesThe aggregate demand and the aggregate supply model is a macroeconomics model that explains price level and real output through the relationship of aggregate demand and supply. The aggregate demand curve consist of consumption(C), investment (I), government spending (G), net export (NX). The question caused by monetary expansion. In this essay, it analysis monetary policy, Philips curve which relation between inflation and unemployment.it draws conclusion and apply the theory into two countries whichRead MoreDemand and Supply Analysis of Mobile Services in India1575 Words   |  7 Pagesprices. This has had an effect of stimulating demand and thus increasing the category adoption rate. As more users have been added to the subscriber base, it has led to a further downward pressure on operator costs. This has led to further cost benefits to the end user, fuelling further growth in the subscriber base. Demand Analysis: The law of demand states that, if all other factors remain equal, the higher the price of a good, the less people will demand that good. In other words, the higher theRead MoreCase Study Using Demand and Supply Analysis1345 Words   |  6 PagesQUESTION 1 The demand for the apartments around that particular area will be relatively inelastic. When demand is relatively inelastic, a large amount of change in the price will still cause a small amount of change in the quantity. Assume that if there is a large amount of decrease in the price, it will only cause a small amount of increase in the quantity because the demand is relatively inelastic. Thus, the demand curve will be steeper. The factors that will cause the demand to be relatively

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Public Relations and PR plan Of Apple Inc †MyAssignmenthelp.com

Question: Discuss about the Public Relations and PR plan Of Apple Inc. Answer: Introduction Apple inc. is a company that started as a computer manufacturer in the year 1976 (Lewis 2014). However, the technology giant has successfully entered and conquered most of the domains in the sphere of technology. Starting from iPods, which made it the most dominant player in the market for music players; the company entered the mobile industry in the year 2007 and instantly created frenzy among the consumer base. The company has been referred to as one of the most successful producers of mobile phones and they are known for unique and unmatched qualities. The premium build and quality of their products separate them from other competitive brands in the market (Ritchie 2015). Recently, there have been issues over a concern that the batteries of iPhone are slowing the phone down and leading to sudden shutdown of the device and lag in the performance. This was completely in opposite to the quality of products that the company has been manufacturing and selling for so long. Appreciation of the Problem The issue with iPhone batteries not working properly or slowing the phone down has been a major issue for the company, which has lead to creation of a negative image of the company in the market. The problem was that those with iPhone 6, 6 plus and iPhone SE received updates that intentionally slowed down the phone so as the user updated to a new iPhone tht was released in the market. In addition, to cover up this intention, the company initiated battery replacement at a reduced rate for the iPhones that faced such issues. The company reduced the price for replacement from $79 to $29 as an offer price (Apple 2018). This resulted in people having a negative perception regarding the company and the trust that Apple enjoyed in the market took a hit. This lead to people shifting to other brands those were in the market that promised premium products with better battery life and processor power. Apple face a dip in the sales during this period, as the people had apprehensions picking an i Phone from the counter regardless of all the previous brand loyalty that they had for Apple. New strategies had to be implemented to bring the trust back on company and its products. People need to be ensured that such practices will not be repeated and clear communication is necessary from the company spokesperson. Objective The primary objective for the PR team of Apple has to be the restoration of companys image in the public and to establish the fact that they are the most advanced and best in the market. The company has a huge brand value and people are brand loyal to the company (Steenkamp 2014). It provides the PR team with an added edge as their strategies can be implemented with better effect as they have the required consumer base. The PR team has to work in a way that the communication between the company and its consumer base is very clear and hence people are aware of the various strategies and actions that are taken by the company. Defining public The target base for the current PR crisis will be those who are affected with the battery issue primarily. The company has a huge consumer base and has a global reach for its products. The market that Apple enjoys is global and the fan base that it has for its various products is spread throughout the world. This dominant market share of the Apple products has allowed them to rule the domain for such long time. In light of the recent battery issue that the company has faced, it should target the people that have faced the issue and those who are in prospect of facing the same issue as they use the same iPhone models that have encountered the problem. It is seen that people did lose the trust that they had on the brand Apple due to their intentional slowing down of phones through the battery issues and processor lags. However, the defined public should be those who have faced the issue with the phone, it should be noted that the communication must address the entire consumer base as w ell as the potential consumers so that they feel assured while buying a new iPhone in their next purchase (Solomon et al. 2014). Selection of media and technique Following a crisis such as the battery issue in the iPhone, it is very essential for the Public relations department to work hard and restore the public image of the company. The public relation team must concentrate on making the communication between the company executives and the consumer base clearer so that the public is not kept in dark regarding the issue and the various steps that the company is taking to resolve the same (Protess and McCombs 2016). The common technique that Apple has used in the past was maintaining silence on an issue of concern and let it resolve. Previously the company has had software issues for which the PR team maintained complete silence and then they resolved the issue internally and provided an online software update to the users. This resolved the issue without much light to the issue but such steps do not work when the problem is as grave as the battery issue at present. The company PR team should come out and defend the position of the brand by o rganizing a press conference that will discuss about the battery issue and the various steps that will be taken to resolve the issue. The PR executives will need to send press release on behalf of Apple inc. so that the media is informed of the problem and steps that are being taken to resolve the issue. The target base is huge, segmentation based on age is not possible for a company like Apple, and hence the medium they should pick for conveying the relevant statements should be preferably the online media and the newspapers. The online media will pass the information widely to everyone on the web 2.0 platform as it has enormous number of people using the same platform every minute (John 2013). The newspaper on the other hand will give out the information to all those who religiously follow newspaper on a daily basis. Budgeting Every PR plan is considered successful in accordance to the budget that it uses in achieving the required target. The funds have to be acquired from the company to organize and implement the entire PR plan so that the right message is sent out correctly to the target group (Austin and Pinkleton 2015). The motive of a PR plan is to present information that sufficiently matches the requirements of a situation or crisis that took place. The current PR plan involves in having press conference, press releases and a strongdigital marketing for the company. The press conference and press release will need specific amounts to be allocated. The sector of digital marketing will need substantial budget because it has the maximum reach and the best results can be achieved with its proper use. The public feedback and responses can be achieved from the digitalmarketing section and the events that are arranged can be streamed live so that the people can witness the event virtually from anywhere in the world (Tiago and Verssimo 2014). The budget breakdown is provided in the table below- PR Materials Amount (in USD) Press conference/ Media events $50,000 Printed handouts (press release, backgrounder) $15,000 Digital marketing (websites, social media) $25,000 Total $90,000 Table- PR Budgeting Source- (Author) Evaluation The evaluation of a PR plan is the most important part that has to be done in order to effectively execute the plan. Firstly, the various media like the newspapers, television coverage or articles in other sources should be studied and analyzed so that a better understanding of the present image of the company is achieved and then worked upon that as per the PR plan(Dozier, Grunig and Grunig 2013). Surveys should be held and an analysis of the annual reports should be done so that the financial aspect of the current crisis is understood and then the plan is worked accordingly. After the plan is executed, it is essential to gather the various instances when the company has come up in the media and analyze those to understand the impact of the PR plan. As the PR plan has digital marketing incorporation, it is essential to understand the trend that has been created in the online sphere. Web stats should be counted in order to understand the reach of the posts and promotional campaigns a nd messages that have taken place for the company. Conclusion To conclude, the PR plan and its effectiveness will lead the company to better public image and regain the trust that has been lost due to the battery issue. iPhones are one of the most loved gadgets around the world and hence people who use it are very concerned about the quality that they get in their device. Moreover, the price of an iPhone is higher than that of any other in its competition and hence buyers will demand a value for money assistance from the company whenever they face any problem. References Apple. (2018).A Message to Our Customers. [online] Available at: https://www.apple.com/iphone-battery-and-performance/ [Accessed 8 Feb. 2018]. Austin, E.W. and Pinkleton, B.E., 2015.Strategic public relations management: Planning and managing effective communication campaigns(Vol. 10). Routledge. Dozier, D.M., Grunig, L.A. and Grunig, J.E., 2013.Manager's guide to excellence in public relations and communication management. Routledge. John, N.A., 2013. Sharing and Web 2.0: The emergence of a keyword.new media society,15(2), pp.167-182. Lewis, T.G., 2014. Booms. InBook of Extremes(pp. 51-67). Copernicus, Cham. Protess, D. and McCombs, M.E. eds., 2016.Agenda setting: Readings on media, public opinion, and policymaking. Routledge. Ritchie, R., 2015. History of iPhone: Apple reinvents the phone.Dosegljivo: https://www. imore. com/history-iphone-original. Solomon, M.R., Dahl, D.W., White, K., Zaichkowsky, J.L. and Polegato, R., 2014.Consumer behavior: Buying, having, and being(Vol. 10). Pearson. Steenkamp, J.B., 2014. How global brands create firm value: the 4V model.International Marketing Review,31(1), pp.5-29. Tiago, M.T.P.M.B. and Verssimo, J.M.C., 2014. Digital marketing and social media: Why bother?.Business Horizons,57(6), pp.703-708.

How to Prepare Your House for Sell. Essays - Home Staging

How to Prepare Your House for Sell. One of the most profitable businesses of today is the business of property. This property may be either in the form of the landscape or in the form of a building . Both the forms give a lot of profit. There are many people in the world whose sole business is to purchase a land, build a house and sell it and earn lot s of profit. Also, sometimes, they buy a building and renovate it or stage it to prepare it for sale. Everyone wants his house to be attractive and beautiful. Therefore , it is the desire of the buyers to buy a house that look very beautiful. It is not the good luck that works here, instead, it is the care planning and staging of the house that gives you a lot of profit. Different people stage or prepare their houses in different ways. You can consult with a person specialized in home staging or do it yourself. Actually, the seller has to understand the science that lies between the psychology of buyer, interior design, and selling ways. However, there are some common ways that are usually practiced by every seller. STAGING The real key to selling lies in staging a home. Staging means preparing a home for sale. In advanced countries, staging services are offered by many professionals for some fees. There are many people who are quite expert in staging a house. Staging a house for sale involves many steps which are: Disassociate with your h ome Depersonalizing Inviting front d oor Welcome m at Improving Landscape Cleaning Outside Removing Clutter or De cluttering Repairing or Touch ups Rearrange and Organize Closets Paint Neutral Colors Removing Furniture and Fixtures Eliminate Bad Odors Remodel the Bathrooms Bring Nature Inside Enough Lighting Cleaning 1-Dissassociate with your Home One of the basics for preparing a house for selling is your own disassociation with the house. Most people do not give this notion any importance , but it really counts. It means making a mind that that this house is no longer yours and let it go. This leaves a very good impression on the buyer. You should be ready to say good bye to every room and never look back , but always delve deeper in your future planning. 2-Depersonalize The next thing to do while staging a house for sale is to depersonalize it. There are many such things as are arranged in your particular way. Try to depersonalize everything. Remove or detach your photographs, calendars, and other things that you attached according to your own taste. These old things leave a bad effect on the mind of the buyer. The purpose is to give the buyer an idea that it is his house. 3-Inviting Front Door It is a famous saying that first impression is the last impression and this should be acted upon while staging a house for selling purpose. Make the front door and entrance so appealing and attractive that the buyer may get absorbed in it. This will earn you a lot of profit. Usually, the buyer purchases those houses that leave an impression on his mind in the first look. 4-Welcome Mat Sometimes little things count much and same is the case with mat. It is always very good to put a mattress at the front door or entrance with a welcome note written on it. This also has an appealing effect on the buyer's mind. He starts thinking that this is his home. This thinking is very effective and will earn you a lot of profit. 5-Improving Landscapes There are many houses that have landscapes , either on one side or on both sides. These landscapes should be so improved to leave a good impression on the buyer's mind. You can make and maintain a good grassy plot with bright colored flowers. These colors will leave a positive effect on a buyer's mind. In the backyard , there should be arranged a backyard garden with fruit trees and flowers. Many buyers like this type of gardening and prefer those houses with maintained l andscapes. It is always advisable to mow the lawn, prune the bushes,

5 Things Productive People Do at the End of Every Working Day

5 Things Productive People Do at the End of Every Working Day We’ve all been there. Clock-out time rolls  around and it’s all you can do to grab your bag  and race your coworkers to the elevator. And, if we’re honest, you  probably spend the last 30 minutes  or so watching the clock and noodling with Facebook or email, thinking: why bother starting any new projects when the day is almost done? Sound familiar? What if, instead, you  put that last bit of your workday to better use and set yourself up for being more productive the following morning right out of the gate? Here are five no-fail strategies that won’t require a ton of effort, but will pay off big time when you come back to your desk.1. Plan for tomorrowTake five minutes to go over your schedule for the coming day. This will not only remind you of breakfast meetings or doctors appointments you may have forgotten, but will also give you the chance to mentally prepare for what’s in store. Need to dress to impress tomorrow? Make sure to bring y our gym clothes? Wear or bring heels for an evening event? You might even find yourself looking forward to your next work day, rather than assuming tomorrow will be just the same old same old.2. Landscape your to-dosLook back at what you’ve accomplished today and check those puppies off. Remind yourself of the outstanding items and make a priority list in your head for tomorrow. If it’s gotten messy or out of control, jot yourself a new one. This will also help you take stock of your productivity for that day- and strategize for how to do better tomorrow. You can learn from today’s distractions and set yourself up better for success.3. Organize your inboxWhen you’re cleaning up your coffee cup and snack wrappers and errant pens and office debris, make sure to go through the same tidying process in your email. Delete the nonsense and the junk mail, archive the important stuff, and leave only what you need to focus on when you get back to work. Sorting by s ender can make it easier to delete.4. Put in one last face timeDon’t just slink away. Check in with your boss or colleagues for a little post-work-day processing. How’d you all do? Anything urgent left on the docket? Any successes to go home proud of? Fires to put out tomorrow? This isn’t just a shrewd move for establishing yourself as a responsible team member, it can go a long way towards team building and camaraderie. And saying a proper and friendly goodbye is just as important when you’re the boss!5. Go homeThis may seem silly, but it’s awfully tempting to stick around and get a few things finished. Trouble is, this becomes a habit. Chances are you won’t get anything substantive done. Set yourself a hard cut-off time and stick to it. It will, believe it or not, help you be more productive tomorrow and won’t leave you feeling constantly fatigued or overwhelmed by work.Then simply relax, turn off your work brain, and enjoy the rest of the day- the part that belongs only to you.

The Regulation of Financial Reporting Case Study

The Regulation of Financial Reporting - Case Study Example These restatements reduced previously reported net income as follows: 1997, $28 million (27% of previously reported $105 million); 1998, $133 million (19% of previously reported $703 million); 1999, $248 million (28% of previously reported $893 million); and 2000, $99 million (10% of previously reported $979 million). 1 On December 2, 2001, Enron filed for bankruptcy under Chapter 11 of the United States Bankruptcy Code. With assets of $63.4 billion, it is the largest US corporate bankruptcy.2The Enron Scandal was the most controversial time for the American Financial Markets as the tax-deferred 401(k) retirement plans of the Enron employees were reduced to nothing. The reason Enron's bankruptcy concerns the field of accounting greatly is that its prominent ,long-time auditor, Arthur Andersen, was charged with a large dereliction of duty and even fraud by the press and members of the US Congress and is still facing countless lawsuits. The current position in the Aftermath of this fiasco is that the Securities and Exchange Commission has called for the creation of a new oversight body to regulate and discipline published financial reporting.The SEC, the Financial Accounting Standards Board (FASB), and the American Institute of CPAs ( AICPA) are all under constant fire for not having clarified and properly implemented the GAAP rules relating to special-purpose entities which were the sham vehicles of Enron's shoddy accounting financial statements. 3 The following table shows some of the accounting statements/figures for Enron 4 This table shows some of the information that was used to mislead the public about the health and wealth of this promising company. Enron became a household name during its zenith, due to its promising financial records. This table shows the data from Enron Corps Annual Reports with its very promising figures concerning the records of its unconsolidated affiliates. _ SUMMARY OF THE EVENTS LEADING TO THE ENRON DISASTER 1996 The use of unconsolidated SPE's allowing the Senior execs to take money from the Enron accounts without the fact showing on the published financial statements- Senior Executives draw large remunerations for themselves ,and an era of shoddy accounting begins with risky ventures and sunk investments paving the way to financial disaster. 1997 Creation of Chewco to hide debt and inflate profits .. 1998 Financial disasters of capital intensive ventures (including a water distribution scheme and power plants in Brazil.) 1999 Permission by the Enron board of directors to waive conflict of interest rules thus allowing Andrew Fastow to run private companies that do business with Enron. The creation of LJM a sham company which is shown on the records to be buying poorly performing Enron assets. Thus a complex and questionable accounting practices saga begins that will lead to the downfall of Enron's 2000 Filing of fraudulent files for the 10-K , 1999 and forged correspondence on accounting matters.There is a large scale sale of Enron shares and more fraudulent filing of accounts for the third quarter of 2000 2001 This was a crucial year for Enron as its Ceo's committed further security fraud by omitting the company's poor financial and the Enron executives got bonus checks for millions of dollars.Ironically at this time Enron was named

Museum vsit Essay Example | Topics and Well Written Essays - 500 words

Museum vsit - Essay Example The layout of the art is diamond in shape. A wall colored in red was visible in the middle of the exhibits. This was the starting point of the exhibit. It contained clear descriptions of the art. The red color symbolized the blood shed during the violence in the communist era. It also illuminates the art work and made it easy for the visitors to see and read the descriptions inscribed on the art.The posters are placed in white frame and hanged up the wall and strategically place to see and understand their significance once the visitors read the descriptions. They are also grouped which makes it easier for the visitors to understand the art work easily. The exhibits are directly lit, softly to enhance the artwork and make it more visible to the public. The exhibits have a combination of warm colors, grey, red and white walls. The grey color is the background of the poster while the red and white are on the wall an element which is simple in nature but aesthetically beautiful to look at. The room where the posters are displayed also have an ambiance that allows one to have a good focus on the posters. The artists and the museum staff arranged the exhibit in such a way that one will read, connect with art work and go back in history to get a clearer picture of the message passed in your mind. The posters had labels on them and some had descriptions on type of art work displayed in the museum. The descriptions told of the history behind the poster and they were didactic in nature. They derived their inspiration from the social injustice in the past as that was the theme of the rebranded. These exhibits were not only pleasing to art lovers but the message behind it is what inspires me as an art enthusiast. Despite few missing descriptions the art could almost be generalized as it was easy to understand especially due to the grouping