Economic data analysis using software STATA Essay

Economic data analysis using software STATA - Essay Example variables; GDP, the rate of inflation, the rate of un-employment, long term interest rate, short term interest rate, the CPI-consumer price index an, the money supply (M) and regression analysis done using STATA. When investing, you are most likely to hear the terms inflation, unemployment, Consumer Price Index (CPI) and Gross Domestic Product (GDP) about every day (Barnes, R 2007). Investors are often made to feel that these terms should be looked deeply as a surgeon would study a patients chart prior to operating (Barnes, R 2007). Countries really need to find a level of understanding which can assists them in decision making without engaging piles of data to solve the problem. Inflation in the increase in the  money supply. It can also mean an increase in price levels for different commodities. Generally, inflation is about a prices increase as compared to some set levels (Richmond, H 2006). According to Gay, A (2006), if the money supply goes up, this is usually manifested in higher price levels for commodities, however, he continues to state that, this manifestation takes only a short while and that, it is simply a matter of time. According to Dawson, G. et al. (2006), Gross Domestic Product in a country represents the total aggregate output of its economy. Further to him, the GDP figures which are reported to investors and those that want to invest are already adjusted for inflation. For example, if the gross GDP is calculated to be 6% above than the preceding year and inflation calculated at 2% over the same period, then the GDP growth would be reported as 4% (6%-2). The relationship between inflation and GDP is like a delicate dance where any can break affecting the masses (Dobson, S & Palfreman, S 1999). The annual GDP growth is vital for each and every country in that, if the overall economic output declines or holds steadily, then many organizations will not be in a position to increase profits which is the sole driver of stock performance in all of

Effects of Video Games on Children Essay Example | Topics and Well Written Essays - 1000 words

Effects of Video Games on Children - Essay Example However, video games have some negative impacts on the lives of children. They consume much time leaving the children with less time to improve their social skills through interaction with people. According to studies conducted on the impacts of video games on the minds of children, video games enhance the critical thinking of children. In any video game children are forced to think fast as according to the rules of the game. They usually make decisions based on the rules of the game. Children demonstrate creativity when given many problems to solve, in which they are required to solve quickly. Children ought to try different solutions to different problems posed in the game in order to win the game. Throughout most video games, thinking fast, solving problems and trying different solutions to problems are noted as the key activities that enhance creativity in children. Also, those children who pay attention to the events conducted in a game acquire creativity skills that they usually apply in their real lives (Ott and Pozzi, 2012). Video games increase the literacy levels of children at an early age, in that, children apply logic, planning and management of resources, some key features common in literate adults. In games, the children ought to decide whether an action is right or wrong, before solving the problem posed by characters in the game. In shooting games, children’s ability to coordinate between the movement of fingers and the visual sense is greatly enhanced. In these games, children ought to locate the position of their enemies in order for them to protect themselves from being attacked. Therefore, those playing the game ought to be attentive and react very fast if the enemy attempts to attack. The player ought to manage the available resources, decide on how to use them and when to use them, a course for learning adults in real life. The children who are

Emerging Market Feasibility Analysis Assignment

Emerging Market Feasibility Analysis - Assignment Example Brazil is also identified as a member of the Organization for Brazil, Russia, India and China (BRIC), G-20, G8+5, and a founding member of the North American Free Trade Agreement (Fafchamps, 2003). These accolades are however identified to be very broad and generalized and cannot influence any rational decision making as to the liability of a new entrant business in Brazil. To make such decision making credible, rational and accurate, a more technical approach to viewing Brazil as an emerging market is needed. It is for this reason that the current emerging market feasibility analysis to come close up with Brazil as a destination for the small scale company. The purpose of the study is also to critically analyze the feasibility of the business in surviving in the intended market. There shall therefore be focus on the company with some level of emphasis on the company’s investors, customer issues, and financial requirements. In totality, the emerging market feasibility analysis shall be conducted from five objectives given as: 1. To analyse the strength of the business idea in relation to the chosen market. 2. To identify any country-related issues that might affect the start-up. 3. To explore relevant business and customer norms in the identified market. 4. To analyse potential financial issues that will arise from starting the business. 5. To propose a prototypical founder or group of founders suitable for the oil manufacturing firm that is being proposed? Research Approach Generally, this project is a case study that studies the specific case of the feasibility of a new vegetable oil manufacturing company in Brazil as a small scale business. As part of the case study approach, there shall be elements of both primary and secondary data collection to ensure that data collected for the study is high coordinated, validated and judged as reliable. Using a combined approach of primary and secondary data collection will improve the internal validity of the study because data that are collected from the field of study as primary data can easily be justified or authenticated using secondary data, which is more of data already existing in literature. One crucial approach that will make the project very elaborate, well organized and focused i s the use of feasibility analysis matrix. This matrix has been presented in such a way that it contains five major session of data collection, which have been distributed among the five objectives listed above. This means that each of the five objectives is represented in one section or row of the matrix. Under each objective also, there shall be five feasibility indicators that will be critically analyzed using both primary and secondary data collection. The analysis of the indicators shall be done in a manner that scores the feasibility of each objective of the project. Completed feasibility analysis matrix shall be presented at the appendix section of the project. Within the project however, there shall be a detailed discussion of the findings that are made under each objective of the study. Theoretical Framework This section of the project named theoretical analysis is essentially useful in offering a theoretical background to the problem of small scale business entry into emerg ing markets. This will be done through clearly defined knowledge of literature presented in one specific paradigm of theory. Specifically, focus is given to the theory of emerging market development. This theory started much like a support service given to new businesses that

Consultancy Essay Example | Topics and Well Written Essays - 1750 words

Consultancy - Essay Example With the help of this assessment practice, it was identified that knowledge of current recruitment practices in different industries along with know-how of different jobs roles and organization models is necessary. On the other hand, compensation and benefit consultancy requires knowledge of taxation and payroll management along with prevailing market norms for development of market competitive package is necessary. Other than these roles of HR, OD consultancy is also an interesting field. Organizational development is an uncertain process that progresses on trial and testing. Therefore, strategic thinking along with leadership, intrapersonal, interpersonal and problem diagnosis skills, are necessary for this role. It is important that prior to working on the professional assignments, theoretical insight and practical exposure has been acquired through necessary trainings, apprenticeships and assisting seasoned professionals. Consulting Capability Framework In order to analyze the sk ills set required for this part of portfolio submission, I would like to pursue my career as HR consultant with core emphasis on compensation and benefits, recruitment and organization development. ... Some of the core yet common capabilities include exceptional communication skills, strategic thinking, team work attitude and effective time management (Ball, 1989; 1996; Roebuck, 1998). However, further emphasis on individual roles assists in identifying individual requirements of these roles. For recruitment consultancy, it is important that a consultant is aware of different requirement of in-house hiring and personnel management, outsourcing and executive search. Out of these executive search is the most rewarding and sophisticated role since a consultant needs to be aware of client as well as candidate’s needs and they are expected to find a match that is not only job-fit but is an organization-fit as well (Schoyen and Rasmussen, 1999; DuPreez, 2010). Due to extension of such roles globally, it is further important that a recruiter has to have an insight of cultural competence i.e. candidate’s values needs to match with organizational culture (Compton, Nankervis, a nd Morrissey, 2009). Furthermore, thorough knowledge of the role for which recruitment is being performed is also important. Most of the HR consulting firms performing executive search have separate domains for every sector such as banking, FMCG, logistics, services etc and also for different fields such as supply chain, mechanical, HR, finance etc. In addition to the role of recruitment or executive search consultant, a role of compensation and benefits consultant also has certain requirements in terms of skills. These key skills include relevant education in business and finance along with industry knowledge. Cultural sensitivity and global mobility policies are another criteria required to be fulfilled.

Organisational Strategy & Decision Making Essay

Organisational Strategy & Decision Making - Essay Example Marketing efforts is a dynamic concept and demand company to regularly monitor and assess marketing capabilities. The assessment of the strategic and marketing position is done with the help of strategic tools and techniques like Ansoff’s matrix and Porter generic competitive strategies. The recommended strategic actions are also provided in accordance with the strategic analysis done with the help of above mentioned tools and techniques. 2 Table of Contents 3 Introduction 4 Introduction Starbucks Corporation, a global and reputed American coffee company engages in the selling of coffee, hot and cold drinks, other beverages and items such as cups, tumblers, and mugs. The coffee products of the company hold big image and reputation across the world with the market capitalisation of $40 billion and with the sales of 1.2 billion pounds (Starbucks Jumps as Profit Increases on U.S. Sales Gain 2012). Starbucks Corporation functions on the basis of mission statement-‘to inspire and nurture the human spirit, one cup and one neighbourhood at a time’ (Starbucks Corporation 2012). The company is dedicated towards sourcing finest quality coffee beans in order to deliver enriched quality coffee to its customers and known for their genuine service, pleasing atmosphere, and superior quality. The underlying essay aims at analysing and reviewing strategic position of the company in order to determine its strategic position. Internal and external audit has also been performed in order to gain idea about the internal and external environment of the company. Analysis of strategic position helps in outlining appropriate strategic action that should be adopted by the company in coming period. Internal and external audit Internal and external audit analysis of the business organisations are performed with the purpose of gaining idea about their existing capabilities and limitations. Business plans and strategies are formulated in light of assessed capabilities and limitations. In this regard, tool named SWOT analysis has been used in order to gain idea about their existing strategic capabilities. SWOT analysis represents strength, weakness, opportunities and threats. Strength and weakness analysis will represent internal audit for company while opportunities and threats will provide external audit of the company. Internal audit The most apparent strength for the company is strong brand image and identity of the company in the coffee business. Starbucks owns an impeccable and recognisable brand image in the coffee business. The strong brand image and identity facilitate the company to gain strong foothold and enters new markets across the globe. The company owns deep product portfolio with distinct features like Gourmet Coffee, regular drip coffee, Frappuccino blended coffee, and many more. The deep product portfolio enables the company to target wide customer base and delivering enriched purchase experience. The product quality and excellent customer service complements and support the existing brand image of the company (Starbucks raises 2013 forecast, defies industry trend 2012). The regular and active involvement of company in environmental and ethical practices acts as another strength for Starbucks. Eco-friendly practices related to energy conservation, climate controlling and maintenance are some of such eco-friendly practi

Comparison of Sculptures Essay Example | Topics and Well Written Essays - 500 words

Comparison of Sculptures - Essay Example The first work of art was created in 1430s using bronze metal. The graceful form and decorative details of the statue distinguished it from many other statures created by other artists of that time. If we analyze the style of this statue, we can see a manly and victorious look all from head to toe. The statue is almost completely nude as there is only a hat on its head and armor shoes on the legs. The appearance of the statue reveals existence of a male dominated society in which men used to praise their bodies by resembling them with protective shells.The second work of art was created in 1623 using marble. The sculptor has created the state in a position that shows the climax of some action. â€Å"Expanding upon Michelangelo's fascination with the human body, Bernini added torsion to create a dynamic figure that extends into the viewer's space†. Made by marble, this artwork reveals a true understanding of the way features can be used to express actions. The color of the uppe r body of the statue is whitish grey. This statue is also semi nude but the amount of cloth shown on the statue distinguishes it from the other statue we discussed earlier.The main differences between the two artworks include standing position of the sculptures, amount of cloth, and use of metal. Dontello’s sculpture is in standing position looking downwards, whereas Bernini’s Statue is look straight and is in climax of action.There ios no cloth on the body of Dontello’s statue, whereas the sculpture made by Bernini is seminude.

Explain how franchisors can enhance franchisee satisfaction Essay

Explain how franchisors can enhance franchisee satisfaction - Essay Example However, firms rely heavily on expansion by a mix of franchising, and company-owned outlets instead of expanding company owned outlets. Explanations are offered by most of the literature in the agency theory. Due to the significance of self-interest for both franchisees and franchisors, franchising is the only best mechanism that motivates both parties for the similar objectives (Huang, 2004). However, there might be unfairness in the franchise contract, and this means agency problems would arise. Therefore, franchisors need to manage and monitor franchisees and ensure the franchisee is satisfied. Thus, the franchisee satisfaction has the greatest predictor on whether a franchisee would recommend their franchisor to the prospective franchisee (Hnuchek, Ismail &Haron, 2013). The paper explains how franchisors can enhance franchisee satisfaction. Franchisees always have expectations of franchisors in the franchise relationship: a high level of independence, support with selection of a distribution point and designing of the distribution point, high standards of potential revenue, training sessions, product and market information, advertising, operational support, and promotional support, support in order to obtain finance, as well as systems for bookkeeping. Therefore, a franchisor needs to ensure that franchisees have a high independence level after joining a franchise as a high level of control by the franchisor exists in franchise systems. In relation to the selection of distribution points, the franchisor needs carry out feasibility studies as well as research in order to ascertain suitable points (Gerhard & De Jager, 2009). In addition, Franchisees expect that geographical rights, exclusively, as protected by the franchise agreement and allocated by franchisors would not allow the franchisor to appoint another franchisee to a certain geographical area that is already