Strategic Management and Information Systems Technologies and Communi

Question: *Discuss the effects of managing information resources, new technologies and communication networks on the business value and competitiveness of an organisation. * Analyse the effects of information systems on strategic decision-making. * Evaluate the importance of knowledge to the management of an organisation. * Analyse an organisations ability to implement Business Continuity Planning. * Evaluate the legal and ethical requirements of an organisation from an information systems perspective. Answer: Introduction Middletons is a chain of stationary outlets that is aimed at incorporating advanced ICT solutions within their organizational structure, so as to cater to the demands of their customers (Al-Zubi, Shaban and Alnaser 2014). Besides this, the management of the organization is well aware of the very fact that the implementation of modern internet technologies would not only facilitate the process of improving the operational functionalities of the organization, but would also help them to regain their foothold in the market (Chen, Chiang and Storey 2012). This particular report provides an in-depth discussion on the various ICT systems that should be implemented at Middletons so as to meet their business objectives. The efficiency of E-business ventures (in the retail sector) has also been discussed, along with the ethical and security considerations that have to be made during the implementation of the project. System Implementation In the last few years, the information technology industry has come up with several customized retail oriented systems, that are aimed at facilitating the management of the complex functionalities of the domain (Erl, Puttini and Mahmood 2013). In this section of the report, a detailed discussion of some such systems would be provided: the primary objective of the discussion being making the higher management Middletons aware of benefits off the inclusion of such systems within their organizational structure. Enterprise Systems (ES): Enterprise systems are defined as large scale software packages capable of supporting the business processes of a organization, controlling the flow of information through the organization, besides assisting in the process of data collection, analysis and reporting (Galliers and Leidner 2014). However, from the hardware perspective, the computing devices, servers and data bases used for maintaining organizational data are also considered to be integral part of the enterprise system. Enterprise systems are further classified as the following: Enterprise resource planning systems or ERP systems Enterprise planning systems Customer relationship management systems (Duan and Da Xu 2012) Enterprise resource planning systems: ERP and ERP2 Enterprise resource planning systems can be considered as customized software applications, developed for the management of those integrated business applications that facilitate the process of collection, storage, analysis and reporting of organizational data (Monk and Wagner 2012). ERP systems encourage the storage of the information generate from various operational activities of the organization, like that of the product planning, service delivery, manufacturing, inventory management , marketing and sales and so on and so forth, in a common database (Clarke 2012). The data stored in this common database can be accessed or tracked in real time, thus facilitating organizational decision making process. ERP2, on the other hand is defined as that particular software application that incorporates the functionalities of transaction based enterprise resource planning (ERP) system and customer relationship planning management systems (Leon 2014). The implementation of standalone ERP systems in place of the insular systems would provide the following benefits to Middletons: Custom designed retail ERP systems are usually designed to be compatible with hardware devices like bar scanners, printers and various other hand-held devices that might be used at retail stores to maintain a record of the sales being made (Chang et al. 2014). Thus, the implementation of such an application would facilitate the process of maintaining the sales records at Middletons. The implementation of the ERP system would also facilitate the process of managing the stocks and inventories of the stationary chain (Galliers and Leidner 2014). The centralized database helps in maintaining a coherent workflow amongst the various departments, thus resulting in smooth transition of information and quicker completion of operational processes (Duan and Da Xu 2012). Last but not the least, the higher management would be able to better manage the resources located at various physical stores of the retail chain with the help of the standalone ERP system (Simmons 2016). Effective data management systems The following sections of the report contain discussions on several advanced methods of data management that could be utilized by the higher management of Middletons for the efficient storage of the organizational data Data Warehouse The Enterprise Data warehouse can be defined as repositories that contain integrated data from multiple sources, that repository being utilized for the analysis and reporting of organizational data (Belanger and Xu 2015). The implementation of data warehouses have been found to be significantly advantageous for retail organizations: such repositories help in analysis of sales reports and several other organizational data sets (Fafinski 2013). The analysis of the sales reports helps in determining the popularity of each product among the customers, the times during which the organization makes the maximum profit, the demographics of the loyal customers and so on and so forth. Such information, on the other hand, provides much assistance in the organizational decision making process. The major benefits that can be availed by the higher management of Middletons through the implementation of data warehouse systems have been enlisted in the following section: The availability of integrated data from various sources would be the primary benefit of implementing a data warehousing system in the organization: the managers would not be forced to base their decisions on limited data sources (Palmer et al. 2015). The Business intelligence modules inherent to data warehouses can also utilized by the higher management of Middletons to facilitate the management of the financial sectors of the organization, along with that of the market segmentation, the inventory and the sales of the organization (Galliers and Leidner 2014). The data warehouse would also facilitate the access to historical information based on which decisions could be taken (Wixom et al. 2014). Business Intelligence tools and analytical techniques The higher management of Middletons might also consider the implementation of the following business intelligence and analytical tools within their IT infrastructure: Data mining tools: Implementation of data mining tools within the existing Information Technology infrastructure would facilitate the process of discovering patterns in the information stored in the data warehouse (Borena, Belanger and Ejigu 2013). The identified patterns, in turn, would facilitate the process of designing marketing, sales and promotional strategies of Middletons. NoSQL: Database systems that allow the storage and retrieval of information using mechanisms other than that of tabular methods utilized in relational databases are commonly known as NoSQL database systems (Palmer et al. 2015). The implementation of NoSQL data bases would facilitate the process of storing several structured and non-structured data sets within a central database. Besides this, NoSQL databases are much easier to handle as compared to relational databases. OLAP: OLAP or Online Analytical Processing tools have recently become one of the most sought after processing techniques (Galliers and Leidner 2014). The growing popularity of this particular tool is due to the fact that it has the unique capability of retrieving data from several relational databases and facilitating multidimensional viewing and analysis of the retrieved data (Fafinski 2013). BI models within the Enterprise system: Business intelligence is one of primary techniques that are being widely used for analyzing the data generated from the operational activities of business modules (Hill, Jones and Schilling 2014). The objectives with which organizations implement BI modules include the intelligent exploration of enterprise data, the integration and aggregation of such data sets, along with the multidimensional analysis of information collected from several resources, both external and internal to the organization (Willcocks 2013). Thus, Business intelligence modules can optionally be incorporated within the enterprise system module to gain access to large volumes of analytical information that can in turn be utilized for making managerial decisions. The implementation of mentioned technologies within the organizational infrastructure of Middletons would provide much help in maintain and analyzing the enterprise data generated by through the operational activities of the organization. The access to these technologies would improve make it possible to take effective decisions based on concrete statistical figures. E-business E-business or electronic business can be considered as the act of conducting business operations over the internet (Bi, Da Xu and Wang 2014). Electronic business operations include purchase and sale of merchandise over the internet, making services (both pre-sales and post sales) available to the customers, managing the payment procedures, managing production controls and other similar other production activities, managing partnership collaborations, running recruitment processes and so on and so forth (Wixom et al. 2014). Strategic improvements within e-business: Secure portals The secure portals, using which electronic business processes are conducted, can be classified into the following sections: Intranet: Internet, as suggested by the term itself, is essentially a network that is managed solely by personnel internal to the organization (Motiwalla and Thompson 2012). Intranets can be defined as private and secured online portals that are accessible only for internal operations, like that of managing communications between employees and internal departments, to collaborate with the partner organizations, and to maintain the flow of data within the organization (Duan and Da Xu 2012). Along with the above mentioned operations, organizations utilize their internet platforms for running applications like Document Management System or DMS, Content Management Systems or CMS, Human Resource management functions like that of holiday management applications and staff directories (Borena, Belanger and Ejigu 2013). Extranet: Extranets can be defined as secured online portals that are accessible to personnel external to an organization (Niu et al. 2014). Needless to say, extranets are made open to the customers and suppliers of an organization, such that they are able to communicate directly with the representatives of the organization. The extranet facilitates the communication between the stakeholders internal and external to the organization, without disclosing the confidential information of the organization (Sasidharan et al. 2012). In the light of the discussion made in the above sections, it can thus be said that both intranet and extranet platforms are to be essentially implemented within the organizational structure of Middletons, such that the organization is capable of conducting electronic business operations with their suppliers and customers. b. E-Business Software Overview: The software modules that are utilized for conducting electronic business operations can be classified under the following heads: Supply chain management systems: Supply chain management systems can be considered as integration of information technology systems and business operations, that are aimed at maintaining efficient communication between the organizations or individuals who supply raw materials or components for manufacturing items, the individuals who manufacture the product or assemble all finished products and those organization who are responsible for making the finishes products available to the customers (Anandarajan, Anandarajan and Srinivasan 2012). The inclusion of an efficient supply chain management system is essential for conducting electronic business or commerce as it is the SCM module that maintains the follow of the finished goods or services in the market. Customer Relationship Management system: Customer relationship processes can be considered as the strategies or policies undertaken by organizations to understand the need or demands of the customers, within the aim of fulfilling them and retaining the loyal customer base (Al-Zubi, Shaban and Alnaser 2014). The primary objective behind including customer relationship management modules within electronic business systems is to provide services to the customers and keep them updated with the new products or services of the organization. The higher management of Middletons should consider the inclusion of customer relationship and supply chain management systems within their electronic business modules in order to assess the needs of the customers and cater to them, besides maintaining the flow of their products in the market. Social business or s-commerce' Social commerce can be defined as the process of conducting business activities while putting social platforms in to use (Chen, Chiang and Storey 2012). Social commerce or S-commerce activities are generally conducted using social media platforms and online media tools, thus facilitating the interaction with the target customers. This customer interaction in turn increases the number of sales that are conducted over the online portal s. The implementation of S-commerce strategies within the organizational structure of Middletons would provide the following benefits to the organization: First and foremost, the strategy would provide a platform using which the loyal customers would be able to discuss about the products sold at Middletons, besides providing reviews of the said products (Davenport 2012). The very same platform would also allow the representatives of the organization to cater to the complaints or concerns raised by the customers (Sauter 2014). Mobile business or 'm-commerce': Mobile commerce can be defined as the process of conducting business operations on such platforms that are accessible by hand held smart phone devices (Tanev, Liotta and Kleismantas 2015). With the advancement of mobile technologies, the inclusion of mobile commerce strategies has become essential for all those organizations that conduct electronic commerce (Hill, Jones and Schilling 2014). The higher management of Middletons could invest in the incorporation of the following technologies within the organizational structure: Purchase and payment: Mobile applications could be developed so as to allow the customers to buy products using smart phone devices (Chmiel et al. 2015). Such applications should also be equipped with electronic payment methods using which the customers would be able to make online payments. Location based services: The customers who use m-commerce platforms can be provided with location based services like that of region based discount coupons, providing the information regarding the status of the orders placed using the m-commerce platforms, provide the location of the nearest physical store and so on and so forth (Wixom et al. 2014). Information services: The customers of Middletons could be provided with the information regarding new schemes or products and services launched by the organization, over the m-commerce platforms (Belanger and Xu 2015). Such information would encourage the customers to avail the offers that are being provided, which in turn would increase the sales revenue of the organization. Ethics, Security and Control: The guidelines for management of IS The following sections of the report provide a detailed description of ethics and privacy guidelines that the higher management of Middletons should abide by to maintain the security of the enterprise information that remains stored in their computer network. Weaknesses in current security strategy At present, the information system of the organization is not well maintained each of the retail stores of this chain maintains an independent computer system for keeping records of the daily business operations (Leon 2014). Each of these systems is then linked with the computer system that is located at the main office. Thus, it can be assumed that the records that have been stored by each of the retail stores can easily be accessed from the main office (Borena, Belanger and Ejigu 2013). Thus, the weaknesses of the existing IT strategy of the organization can be listed as: Information privacy: At present, each of the physical stores store information in computer devices and these data sets are available to anyone who has the access to computer system located at the main office (Fafinski 2013). Thus, it is evident that the data sets are neither being stored in secured databases, not are the records protected from external access. Hence, the privacy of the enterprise information is not being maintained (Borena, Belanger and Ejigu 2013). Besides this, such dataset sets might also become the targets of unauthorized access and other similar privacy attacks, as launched by attackers. Computer misuse issues: It has already been mentioned that computer systems installed at the Middletons stores are standalone networks and since the organization does not maintain a centralized protected system, it can only be assumed that the security levels used for protecting the data sets stored in these machines are not at par to those that are used in protected data bases (Palmer et al. 2015). Such being the case, personnel who do not have the authority to access such data can access the data stored in these networks (Motiwalla and Thompson 2012). Thus, data loss and misuse of the information stored in these computer networks are some of the issues that are associated with the information system currently being used by the organization. Recommendations for security and control In order to overcome the weaknesses that have mentioned in the sections above, the following sets of recommendations are being made to the higher management of Middletons. Disaster Recovery Planning: At present, the enterprise information of Middletons is not being stored in protected databases. Thus, loss of enterprise data is one of the possible risks associated with the current system (Erl, Puttini and Mahmood 2013). The higher management of Middletons is thus being recommended to implement efficient disaster recovery strategies such that information or data sets can be recovered in case of data loss (Simmons 2016). Moreover, the disaster management policies should be incorporated in a manner such that actions to be taken previous, during and after disaster are defined well within the said strategies. Cloud Computing. Cloud computing is defined as the computing practice that encourages the utilization of remote computer networks for the storage, management and processing of data, instead of utilizing local networks for doing the same (Palmer et al. 2015). Since all the chain stores of Middletons maintain their own computer networks, cloud computing should be considered as an effective method of data storage and management (Erl, Puttini and Mahmood 2013).Thus, the higher management of Middletons is being recommended to incorporate cloud-computing platforms for the storage and management of enterprise data. Conclusion Advancements in the field of information technology resulted in the implementation of several innovative strategic solutions in the retail industry, most of these solutions being aimed at increasing the efficiency of the departmental activities of the retail sector. This, in turn, has made it possible for the retail organizations to serve their customers better and remain one-step ahead in the market competition. This particular report provides an insight to the various information technology solution systems that the higher management of Middletons must incorporate within their organization so as to stay ahead in the competitive market. The discussions made in the report indicate that the incorporation of enterprise systems and e-commerce techniques is essential for the organization at this point in time. Besides this, the report also contains certain recommendations made to the higher management of the organization: the incorporation of the recommended systems is expected to enhanc e the security of the existing computer network. References Al-Zubi, Z., Shaban, O.S. and Alnaser, N., 2014. The effect of Business Intelligence Tools on Raising the Efficiency of Modern Management Accounting.International Review of Management and Business Research,3(1), p.68. Anandarajan, M., Anandarajan, A. and Srinivasan, C.A. eds., 2012.Business intelligence techniques: a perspective from accounting and finance. Springer Science Business Media. Belanger, F. and Xu, H., 2015. The role of information systems research in shaping the future of information privacy.Information Systems Journal,25(6), pp.573-578. Bi, Z., Da Xu, L. and Wang, C., 2014. Internet of things for enterprise systems of modern manufacturing.Industrial Informatics, IEEE Transactions on,10(2), pp.1537-1546. Borena, B., Belanger, F. and Ejigu, D., 2013. Social Networks and Information Privacy: A Model for Low-income Countries. Chang, B.R., Tsai, H.F., Tsai, Y.C. and Chang, Y.S., 2014, April. An in-cloud enterprise resource planning system with high availability and access control authentication. InInformation Science, Electronics and Electrical Engineering (ISEEE), 2014 International Conference on(Vol. 3, pp. 1507-1511). IEEE. Chen, H., Chiang, R.H. and Storey, V.C., 2012. Business Intelligence and Analytics: From Big Data to Big Impact.MIS quarterly,36(4), pp.1165-1188. Chmiel, M.S., Hiltz-Laforge, J., Pourshahid, A. and Watts, G.A., International Business Machines Corporation, 2015.Adaptive customized presentation of business intelligence information. U.S. Patent 9,053,440. Clarke, S., 2012.Information systems strategic management: an integrated approach. Routledge. Davenport, T.H., 2012. Business intelligence and organizational decisions.Organizational Applications of Business Intelligence Management: Emerging Trends: Emerging Trends, p.1. Duan, L. and Da Xu, L., 2012. Business intelligence for enterprise systems: a survey.Industrial Informatics, IEEE Transactions on,8(3), pp.679-687. Erl, T., Puttini, R. and Mahmood, Z., 2013.Cloud computing: concepts, technology, architecture. Pearson Education. Fafinski, S., 2013.Computer Misuse: Response, regulation and the law. Routledge. Galliers, R.D. and Leidner, D.E., 2014.Strategic information management: challenges and strategies in managing information systems. Routledge. Hill, C., Jones, G. and Schilling, M., 2014.Strategic management: theory: an integrated approach. Cengage Learning. Leon, A., 2014.Enterprise resource planning. McGraw-Hill Education. Monk, E. and Wagner, B., 2012.Concepts in enterprise resource planning. Cengage Learning. Motiwalla, L.F. and Thompson, J., 2012.Enterprise systems for management. Upper Saddle River, NJ: Pearson Education. Niu, N., Da Xu, L., Cheng, J.R.C. and Niu, Z., 2014. Analysis of architecturally significant requirements for enterprise systems.Systems Journal, IEEE,8(3), pp.850-857. Palmer, R.E., Carrell, D.S., Cronkite, D., Saunders, K., Gross, D.E., Masters, E., Donevan, S., Hylan, T.R. and Von Kroff, M., 2015. The prevalence of problem opioid use in patients receiving chronic opioid therapy: Computer-assisted review of electronic health record clinical notes.Pain,156(7), pp.1208-1214. Sasidharan, S., Santhanam, R., Brass, D.J. and Sambamurthy, V., 2012. The effects of social network structure on enterprise systems success: A longitudinal multilevel analysis.Information Systems Research,23(3-part-1), pp.658-678. Sauter, V.L., 2014.Decision support systems for business intelligence. John Wiley Sons. Simmons, R., 2016. The Failure of the Computer Fraud and Abuse Act: Time to Take a New Approach to Regulating Computer Crime.George Washington Law Review, Forthcoming. Tanev, S., Liotta, G. and Kleismantas, A., 2015. A business intelligence approach using web search tools and online data reduction techniques to examine the value of product-enabled services.Expert Systems with Applications,42(21), pp.7582-7600. Willcocks, L., 2013.Information management: the evaluation of information systems investments. Springer. Wixom, B., Ariyachandra, T., Douglas, D., Goul, M., Gupta, B., Iyer, L., Kulkarni, U., Mooney, J.G., Phillips-Wren, G. and Turetken, O., 2014. The current state of business intelligence in academia: The arrival of big data.Communications of the Association for Information Systems,34(1), p.1.

Branding Sales Organizational Development †Myassignmenthelp.Com

Question: What Is The Impact Of Branding In Sales Or Organizational Development? Answer: Introducation Problem Statement The topic is for the analysis of the impact of branding activities and their role in the improvement of the sales operations and development of the organization. According to Rubera and Droge (2013), the research would include the systematic deployment of the improved activities for forming the collateral analysis of the branding factor for the development of the operations and implication of the improved processes. The development of the organization had supported the modification of the improved processes for implying the effective role in the management of the system functions (Rezvanpour Bayat, 2017). The branding would include the impact of the organization development for the improvement of the operations and processes. The main benefit of implementing the branding concept is for getting the customers attraction and development of the organizational sales. As opined by Strebinger (2014), the branding would form the specific loyalty for the organization and it would help in dev eloping the improved operations for the organization. Research Aims and Objectives The development of the operations would ensure the deployment of the improved processes for the organizational development (Ginesta de San Eugenio, 2014). The aims of the research on the impact of the branding on the sales or organizational development has been pointed out below, Collection of the data would be done for ensuring that the branding has brought about positive impact on the activities of the sales and processes. The study would also ensure that the functions of the organizations are being positively affected by the branding. Development of the operational plan would involve the formation of the existing facilities to improve the existing operations and develop the most appropriate anomaly of operations that could form the improvement of the organizational structure. The objectives of the study of the impact of customer satisfaction and relationship quality on customer retention are, To collect sufficient data for forming the analysis of the impact of the branding on the sales operation in the organization To form an analysis of the factors of the development for the organization based on the branding activities To use the analysis for forming a report for the improvement of the operations for the organization Methodology Literature Synopsis According to Magnoni and Roux (2017), branding can be defined as the development of the organization with respect to any particular commodities for supporting the major activities of the operations. The concept of the system development would involve the activities of the operations (Ci, Park Kim, 2017). The exploration would incorporate the precise sending of the enhanced exercises for framing the guarantee examination of the branding factor for the advancement of the operations and ramifications of the enhanced procedures (Seo Jang, 2013). The advancement of the association had upheld the adjustment of the enhanced procedures for suggesting the powerful part in the administration of the framework capacities. The branding would incorporate the effect of the association advancement for the change of the operations and procedures (Huertas-Garcia et al., 2017). The fundamental advantage of executing the branding idea is for getting the client's fascination and improvement of the hier archical deals (Rahman, 2014). The branding would frame the particular steadfastness for the association and it would help in building up the enhanced operations for the association. Data Accumulation Qualitative Data: According to Neven (2014), the qualitative data accumulation would be implied with the help of the past reports and other data records kept for the analysis in future. The data from the various companies can be used for forming the qualitative analysis of the study. Quantitative Data: The individual questionnaire fill up would be helpful for developing the quantitative analysis of the customer retention attribute (Inama, 2015). The various bar charts and pie diagrams can be used for the quantitative analysis References Ci, C., Park, S., Kim, B. (2017, July). DIFFERENCES IN THE BRANDING STRATEGY OF THE BIG 3 SPA BRANDS: ZARA, UNIQLO, AND HM. In2017 Global Fashion Management Conference at Vienna(pp. 65-66). Ginesta, X., de San Eugenio, J. (2014). The use of football as a country branding strategy. Case study: Qatar and the Catalan sports press.Communication Sport,2(3), 225-241. Huertas-Garca, R., Huertas-Garca, R., Lengler, J., Lengler, J., Consolacin-Segura, C., Consolacin-Segura, C. (2017). Co-branding strategy in cause-related advertising: the fit between brand and cause.Journal of Product Brand Management,26(2), 135-150. Inama, S. (2015). Branding products initiatives in LDCs trough GIs: the case of the Kampot Pepper in Cambodia and the Harenna Coffe in Ethiopia.Connecting local and global food for sustainable solutions in public food procurement,14, 163. Magnoni, F., Roux, E. (2017). The impact of brand familiarity, branding and distribution strategy on luxury brand dilution. InThe Customer is NOT Always Right? Marketing Orientationsin a Dynamic Business World(pp. 100-103). Springer, Cham. Neven, S. (2014). Branding strategy for specialized tourist product.Advances in management,7(1), 8. Rahman, M. (2014). Differentiated brand experience in brand parity through branded branding strategy.Journal of Strategic Marketing,22(7), 603-615. Rezvanpour, N., Bayat, A. (2017). Determining effective urban design factors within the branding strategy due to brand city spaces and evaluating city spaces by comparing them to the presented factors. A case study of ChaharBagh Avn, Isfahan, Iran.Energy Procedia,115, 6-17. Rubera, G., Droge, C. (2013). Technology versus design innovation's effects on sales and Tobin's Q: The moderating role of branding strategy.Journal of Product Innovation Management,30(3), 448-464. Seo, S., Jang, S. S. (2013). The roles of brand equity and branding strategy: a study of restaurant food crises.International Journal of Hospitality Management,34, 192-201. Strebinger, A. (2014). Rethinking brand architecture: a study on industry, company-and product-level drivers of branding strategy.European Journal of Marketing,48(9/10), 1782-1804.

Keynesian Economics vs. Classical Economics free essay sample

In economics, there are two main theories: Keynesian economics and Classical economics. Each approach to economics has a different take on monetary policy, consumer behavior, and last but not least, government spending. Let us first look into classical economics. The basis of the Classical Theory of Economics is self-regulation. Supporters believe that the economy is able to maintain its-self and is always capable of achieving the natural level of real GDP. While circumstances do occasionally arise that effect the economy, causing it to fall above or below the natural GDP level, self-adjusting mechanisms are believed to exist. The belief that prices, wages, and interest rates are flexible and Say’s Law are two of the classical economists most firmly held beliefs. Say’s law basically states that the economy is always capable of demanding all of the output that its workers and firms choose to produce. Hence, government intervention is not needed. We will write a custom essay sample on Keynesian Economics vs. Classical Economics or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Generally, political liberals would side with Classical economics. Keynesian Theory rejects Say’s Law of self-regulation and suggests that the relationship between aggregate income and expenditure is key. Keynesian believers agree that government should step in and implement policies that will regulate the economy more efficiently. Typically political conservatives would agree with the Keynesian Theory. Were I a policy maker receiving conflicting advice, I would consider all aspects of the issue including equilibrium real GDP, employment, and prices. Money is measured in different ways, mainly focusing on the liquidity, or how easily and quickly it can turn into a spendable form (Ayer Colligne, Pg. 328). There are three main measurements; M1, M2 and M3. M1 represents the most liquid form of money and consists of the sum of currency and coins in the hands of the public, demand deposits, checkable deposits, and travelers checks. M2 is the sum of M1 plus the balances in savings deposits and balances deposited into money market mutual funds. Lastly, M3 is the summation of M2 plus large time deposits (greater then 100k), and several other near monies Ayer Colligne, Pg. 328-329). Expansionary monetary policies are fiscal policies that encourage economic growth. The deposit multiplier is a value representing the ratio of bank reserves to bank deposits. If bank reserves increase, bank deposits may increase by the amount of the increase times the deposit multiplier (Ayer Colligne, pg 257-328). Balance of payments accounts are an account of all transactions (monetary) between a country and the rest of the world. The BOP includes two sub accounts: the current account and the capital and financial account. The current account is adjusted for international incomes and transfers and records the monetaty value of imports and exports (both goods and services). The capital and financial accounts records the monetary value of capital inflows and outflows, and any financial investments (purchasing of stocks or bonds). The BOP must have a balance that equals zero (Ayers Collinge, pgs 378-380). The balance of payment accounts is very important to economic growth because it encourages international trade and hold each country accountable for fiscal policy. International commerce can increase the country’s consumption, however not all share in the gains. The majority of the economy benefits from international trade, but some people will end up losing due to job opportunities lost, migration, and eventual inflation/deflation, or market uneasiness.

College Student Scholarship

College Student ScholarshipSample College Essay Umaine, though she is by far the least knowledgeable of the three students competing for a college student scholarship; nonetheless, is the one that seems to have the most challenging task. She must write a composition in a matter of minutes; however, her intellect and previous achievements allow her to become successful.There are many ways that these scholarships can be won, and Ms. Umaine will need to have a solid grasp of several different subjects, including art, music, politics, history, and literature. The professor, Mr. Monty, remarks that even though this competition is not completely the same as a typical academic writing experience, he hopes to make the essay an enriching experience for Ms. Umaine. She also has the opportunity to interact with other students who might be able to provide encouragement and help to get her to success.When asked about her experience, Ms. Umaine describes how she came across the book The Best Ameri can Essays at the local library. She describes how the book inspired her to begin writing, which eventually led her to being the College Student Scholarship Winner.The first part of Ms. Umaine's essay is a research of her past experiences. She is asked to describe some of her prior work, which was not done in an academically challenging environment. Many times the author of a scholarship essay has very little exposure to other forms of writing, and she therefore uses her own experience as a guide.In this portion of the essay, she makes use of basic research skills to gather the facts about herself and then uses her knowledge base to address them. She should include a list of all the scholarships she has received, as well as the amount they paid, or what they paid her. She must also inform the reader of the places where she is currently enrolled, and any awards that were given for achievements.The second part of Ms. Umaine's essay is a summary of her thesis statement. This should inc lude information on her opinion on political events, the progress of current events, her love of literature, and her desire to understand the many cultures in the United States.She must then present her ideas to the reader, and must outline the completion of her project, which she describes in the third section of her essay. It is encouraged that Ms. Umaine not only looks forward to the day that she wins the scholarship, but that she also takes steps to prepare for the competition.She is given several tips on how to prepare for the competition and on how to prepare for the essay, which includes the use of an organizer, index cards, and dictionaries. The guidelines for writing the essay is available in the student section of this book.

Free Essays on Theme Essay On Macbeth

The story of Macbeth is portrayed by Shakespeare as evil’s operation in the world in Elizabethan times, but still has its place in todays life. Shakespeare accomplishes this by using a powerful and unsuspecting character such as Macbeth, maybe any one of us, a good leader, strong willed and a person that is looked upon. The audience sees how evil, tempts Macbeth, just as evil tempts everyone of us everyday. Furthermore the use of messages addressing to or addressed by, how evil Macbeth is. The Evil inside Macbeth is quite evident; for he commits several murders. Finally, there are certain analogies, which suggest that Macbeth is comparable to Satan. In this essay I will show you how the play of Macbeth is actually a study of evil and how Macbeth the man represents that evil Shakespeare intended on using a hero of good deeds such as Macbeth, as his figure. He is seen as a good advocate of Satan’s evil conduct: for an evil person is one you least expect. Macbeth starts off as a humble man and a savior of his native land Scotland After returning from a heroic victory, Ross, a noble Thane, describes what a significant officer Macbeth is for his kingdom: "The king hath happily received, Macbeth, The news of thy success; and when he reads Thy personal venture in the rebel’s fight, His wonders and his praises do contend Which should be thine or his. Silenced with that, In viewing o’er the rest o’th’ selfsame day, He finds thee in the stout Norwegian ranks, Nothing afeard of what thyself didst make, Strange images of death. As thick as hail Came post with post, and every one did bear Thy praises in his kingdom’s great defense, And poured then down before him." [I.iii.89-99]. Macbeth, like any other man, had succumbed to some form of temptation. Shakespeare utilizes him as a model, to show how no matter how strong you may be; even the strongest man can be taken in by evil. Macbeth came across three wi... Free Essays on Theme Essay On Macbeth Free Essays on Theme Essay On Macbeth The story of Macbeth is portrayed by Shakespeare as evil’s operation in the world in Elizabethan times, but still has its place in todays life. Shakespeare accomplishes this by using a powerful and unsuspecting character such as Macbeth, maybe any one of us, a good leader, strong willed and a person that is looked upon. The audience sees how evil, tempts Macbeth, just as evil tempts everyone of us everyday. Furthermore the use of messages addressing to or addressed by, how evil Macbeth is. The Evil inside Macbeth is quite evident; for he commits several murders. Finally, there are certain analogies, which suggest that Macbeth is comparable to Satan. In this essay I will show you how the play of Macbeth is actually a study of evil and how Macbeth the man represents that evil Shakespeare intended on using a hero of good deeds such as Macbeth, as his figure. He is seen as a good advocate of Satan’s evil conduct: for an evil person is one you least expect. Macbeth starts off as a humble man and a savior of his native land Scotland After returning from a heroic victory, Ross, a noble Thane, describes what a significant officer Macbeth is for his kingdom: "The king hath happily received, Macbeth, The news of thy success; and when he reads Thy personal venture in the rebel’s fight, His wonders and his praises do contend Which should be thine or his. Silenced with that, In viewing o’er the rest o’th’ selfsame day, He finds thee in the stout Norwegian ranks, Nothing afeard of what thyself didst make, Strange images of death. As thick as hail Came post with post, and every one did bear Thy praises in his kingdom’s great defense, And poured then down before him." [I.iii.89-99]. Macbeth, like any other man, had succumbed to some form of temptation. Shakespeare utilizes him as a model, to show how no matter how strong you may be; even the strongest man can be taken in by evil. Macbeth came across three wi...

Why has the UK's productivity lagged behind that of its major Article

Why has the UK's productivity lagged behind that of its major competitors and what can be done to improve the productivity and competitiveness of the UK economy - Article Example A person such as the Exchequer Gordon Brown’s UK Chancellor, in his speeches, productivity is his main theme. However, despite the fact that UK is lagging, it is far much at the forefront in terms of labor and capital markets structural amendments. To come up to the analysis that UK’s productivity is low, examination of the economy’s six sectors took place and the results indicated that it’s true that output was low. Those sectors examined are; car production, retailing software, telecoms, food processing and hotels. McKinsey Global Institute a global most highly regarded management consulting firm is the one that conducted the research regarding the matter. UK should address several issues to increase its output. One of the major concerns is increasing expenditure to boost high levels of research and development and reducing diversion of resources towards the public sector which is less productive. It is vital for the state to increase its level of investment despite the fact that the Crash of Lehman Brothers led damaged the country’s economy in the year 2008 because many other firms held off from investing in the modern, most efficient technology and processes. Businesses should enhance their levels of innovation, come up with good labor relations, improve their technology usage and adopt modern technology to ensure that businesses stay for long in their field. The government should come up with extra reforms in its business regulations in order to boost investment thus increasing productivity of the

Assignment Two Essay Example | Topics and Well Written Essays - 500 words

Assignment Two - Essay Example Christianity, the religion of Jesus Christ and his followers, is frequently described as the most tolerant of the monotheistic religions. Perhaps this is true but Christianity is not without its history of forced conversion, pogroms and religious intolerance. Although the founder of Protestantism and responsible for the historically significant schism within Christianity and the Catholic Church, Martin Luther also displayed a candid intolerance towards people who did not share his religious persuasion. Accordingly, Luther writes that the â€Å"Turks pretend, despite the Holy Scriptures, that they are the chosen people of God, descendents of Ishmael† and argues that they are slanderous, warlike and barbaric. Although his saves much disdain for the Catholic Church, the Muslims people are to be feared and their idolatry is not too be tolerated (Luther 116-117). Roger Williams, an early American settler and founder of what would later become Rhode Island, railed against the Cathol ic Church and Catholicism in general but also preached for a plurality of religious persuasions in the United States. Advocating religious tolerance and diversity in this new land he was a strong proponent of the division between church and state (Williams 117). Accordingly, there is also a strong tradition of religious tolerance in Islam, dating back to the Middle Ages and the Empire of Akbar in the 16th century. Akbar, Mughal Emperor of a vast Muslim-majority empire, represented an era of tolerance and openness to religious other than Islam and presided over a diverse population. Although a Muslim himself and presiding over a larger Muslim population, Akbar also reached out to the Hindus in his Empire and further drew inspiration from the Buddhists, Zoroastrians and other religious denominations in the empire. According to a less than laudatory biographer, Christians were also integrated into the empire and encouraged their beliefs within the dominant