Essay --

For a business there is many things that is required to keep that business in business. For example, In order to create an product the society must choose upon it’s needs, resources they have and choose based on it’s populations and other available markets.The factors of production is the readiness to work on answer the three questions (What?, How? and For whom?) in order to solve the problems of scarcity. Scarcity is a resources that is limited, a certain number of available resource. Or paying simple bills to stay in a certain location. To sell a certain amount products could affect how a business runs, based off it’s amount of products sold. And then there is the factors of production. Land isn’t about where something is located in a area, Labor is the help to create things, and Capital and Entrepreneurship are necessary to a business. What does factors of production got to do with land? Well Land isn’t all about where a business is located. It’s mostly about the natural resources, which for example are diamonds, wood, water, coal, gold, etc. And this deserves to be ranked first. I think so because with no resources no business won’t be able to run successfully. Aswell most resources have scarcity to create an product with could cause a business owner to look for for an alternative resource. If there wasn’t land in the factor of production, most of the businesses would fail because they won’t be making money by not being able to create products. So overall land should be first since you got to have resources in order to create other new products. How does labor affect the factors of production and what is it’s main purpose? Well according to Federal Reserve Bank of Saint Louis, they say Labor is, â€Å" Labor is ... ...e they want to be successful without taking such high risks that could take their business down hill if they taken a risk. For sure every entrepreneur knows every risk can be good, but can have a negative effect if taken the wrong way. But to another person they would definitely disagree with my view because not everyone has the same opinion. But also other people have different opinions about how they see the factors of production too. For example some may see Entrepreneurship as being first because of being high of risk. Then they could see Capital second because of money and the equipment for a business. As for Labor they would say third because not much as important than the money and equipment a business would need. And finally Land being last because they might not care where some business is located, but not thinking natural resources out there for land.

Discussion Questions Week 1 Economics 365

Discussion Questions Week One Economics 365 TEAM C- WEEK ONE DISCUSSION QUESTIONS 1. What is economics? What role does economics play in your personal and organizational decisions? Provide an example of the role of economics in decision making. (Ana K Gonzalez) * According to â€Å"What Is Economics? A Definition Of Economics† (2012): * Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get what they want or accomplish certain goals.Since economics is a driving force of human interaction, studying it often reveals why people and governments behave in particular ways. There are two main types of economics: macroeconomics and microeconomics. Microeconomics focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders. Macroeconomics, on the other hand, takes a much broader view by analyzi ng the economic activity of an entire country or the international marketplace (Para. 2 & 3). Economics play an important role in all aspects of life and sometimes people don’t realize that they are using economics day by day.With the use of economics people can understand how to spend time and money. Unemployment, technological progress, interest rates and budget deficits are important issues presented in our daily personal and professional lives. As students, economics can help us to acquire more knowledge about what kind of difficulties business in our region presents, how to solve it, and the difference procedures to follow to succeed as a business holder. 2. What is the difference between a movement along and a shift of the demand curve?What is the effect on the equilibrium price and quantity that results from an increase in demand, supply, and both? Provide examples for each instance. What is the role of supply and demand in decision making? Provide a real-world example . (Sonia Elias) The difference between a movement along and a shift of the demand curve in the movement along is caused by a change in the price of goods or services performed and a shift of the demand curve is caused because a change in any non-price determining on the demand and it can change to both side the right or the left.The effect in the equilibrium price and quantity that result from the increase in demand is the price goes up because of the demand of the product is more and also the quantity has its effect because with more demand it requires more quantity on the product. A good example is the petroleum now its price is going up because of the demand it is suffer. The role of the supply and demand takes the role of decide how much quantity will require to provide the costumers with their demands on a certain product; it makes the decision of require more quantity of products to supply the costumers. . What is the definition of price elasticity of demand? What is the relat ionship between price elasticity of demand and total revenue? How does price elasticity of demand affect a firm’s pricing decisions? How does the availability of substitutes affect the price elasticity of demand? Provide an example. (Chuck Crain) By definition, price elasticity simply means the way demand responds to price changes. The relationship between price elasticity and total revenue can be a very successful one or a total nightmare based on whether or not the product has good elasticity.As long as the product is something the general public either needs or is very high on their want list, then the product has good elasticity and the profits will continue to increase, thus making total revenue much greater. However, if the product is something society can live without, then the product has bad elasticity and total revenue will go down. When a firm decides to make or sell a product, many considerations go into their long term plans, such as will this product stand the t est of time and will it be profitable even in tough financial cycles.As long as the product has good price elasticity and the competition is low, then prices can be adjusted to meet the current market price or to increase revenues. However, if the product has a bad elasticity, then the business will have to decide on whether or not to raise prices, but this decision could cost the company money now and in the future because the customers chose not to pay a higher price. When people want a similar product without the high price, they turn to substitutes.This can include any generic brands of products that provide close to the same experience for the customer, without the higher price of their original brand. Substitutes greatly affect the elasticity of price, because people can choose to buy another product at a lower price, and basically get the same results from the product. An example would be if a person loves to drink Coke, but can’t afford the price they charge.The perso n would turn to a cheap brand such as Sam’s Cola and receive basically the same benefit, without spending the extra money. * Reference Principles of Macroeconomics. (2009). Retrieved from http://ocw. mit. edu/courses/economics/14-02-principles-of-macroeconomics-fall- 2009/ What is Economics? A Definition of Economics. (2012). Retrieved from http://www. whatiseconomics. org/ Why is economics considered social science?. (2012). Retrieved from http://wiki. answers. com/Q/Why_is_economics_considered_social_science

Social Work History Midterm - 3357 Words

Social Work History: Midterm Grace Gowdy Boston University 1. â€Å"Progressivism† has been characterized by authors studied in this course as 1) an historical era/political movement, 2) a culture within the social work profession, 3) a set of virtues social workers should strive for and 4) an inheritor (and possible alternative to) the radical tradition within social work. Describe and discuss each of these varieties of progressivism in terms of their impact on OR implications for promoting social justice through social work. Historical Era/Political Movement Progressivism, as a piece of terminology, has come up many times and in many different forms throughout social work history. The constant of progressivism’s definition is its†¦show more content†¦Between 1933 and 1945, Harry Hopkins, Francis Perkins, and Forrester Blanchard Washington, all established social workers, ran major federal programs (Murdoch, 2010; Barrow, 2006). This first definition of progressivism within social work history, as a political movement, had two major impacts on social justice in the field. First, this movement led to major policies around social insurance and minimum wage, which continue to serve those in need in our country today. Secondly, this movement established a relationship between the social work field and the federal government for the first time, highlighting their ability to work together towards mutual interest. Culture within the Social Work Profession Progressivism as a political movement involving social workers began to crossover to a cultural movement within the social work field. This crossover led to two major tensions within the field at the time. The first tension was ideological, among the early social workers. The second tension was between the ideas of progressivism intersecting with the needs of the social work field. In the social work profession during this time, some progressives became social workers. However, not all social workers were progressives (Murdoch, 2010). This conflict within the field represents the two different camps that social work was established through. Mary Richmond came from a background ofShow MoreRelatedYolo1583 Words   |  7 PagesTopics Introduction to Literature Teaching Strategies/ Activities Reading / Discussion Assessment Tools/ Tasks Worksheet - mind mapping Group work Quiz Seatwork Written poem 3,6 Week 3 -4 World Lit. -differences between Eastern Western Lit. -Haiku of Basho vis-à  -vis Flower On ACrannied Wall by Alfred Lord Tennyson Discussion/ Lecture Reader- Response work 2 Interpret the meaning of the Japanese haiku. Describe the traditional rules and conventions of a haiku Compose a haiku. Evaluate importantRead MoreMidterm 1 Study Guide- incomplete Essay897 Words   |  4 Pagesï » ¿Midterm Study Sheet The midterm will draw on the following major themes we have discussed so far during the course. As you study, please consider not only each individual theme, but also the ways in which these themes may be related to one another. Essay questions will be drawn from these themes, but may ask you to relate two or more of them within the same question. The best answers will synthesize thematic material we have discussed in lecture with specific details from both lecture andRead MoreA Report On The Classroom1335 Words   |  6 Pagesextremely fast paced. He is going to try to get the IEPs to me, but students keep coming in and out. Plus, there are make up tests/quizzes that students are taking. I finally got my email and password. During Study Hall, I can go on and do electronic work. 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Fate A Chronological Concept Of The Novel A Tale Of...

Fate: A Predetermined Concept Victorian literature was written in England during the time period of 1837-1901, it shows the struggle of working people and the triumph of right over wrong. Charles Dickens the author of the novel A Tale of Two Cities tries to educate the readers about his specific time period he lived in. One of the main themes in the novel is fate; fate is something that a human being cannot decide. Dickens’ illustrates in the novel that fate is predetermined as seen in the lives of Madame Defarge, Darnay, and Carton. Madame Defarge encounters many coincidences that will ultimately lead her to her fate. Not only does Madame Defarge encounter her fate, she is also predicting other people’s fates. Dickens introduces Madame Defarge by saying, â€Å"†¦when the one woman who had stood conspicuous, kitting, still knitted on with the steadfastness of Fate.† In the beginning we do not know what she is knitting, but later we find out that she is knitting a registry of names of the people who will die in the revolution. Dickens often also describes her as the woman who seems to be innocently knitting and watching everything that is going on. Madame Defarge encounters another coincidence when she tries to go find Lucie before Darnay is sent to the guillotine. Lucie and Darnay secretly left Paris to head back home and Madame Defarge is unaware of that. Coincidentally Miss Pross tells Mr. Lorry, â€Å"‘what do you think of our not starting from this court-yard? Another carriageShow Mo reRelatedANALIZ TEXT INTERPRETATION AND ANALYSIS28843 Words   |  116 Pagessuggestions that may prove helpful. 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Internet and Information Paper - 783 Words

Internet and Information Paper Your name University of Phoenix Media and American Culture HUM/176 Wendell Smith July 20, 2012 Internet and Information Paper Hello, It’s good to hear from you. You’re right to be fascinated about the internet; it can be a great tool. I use the internet nearly every day it’s like having a dictionary, thesaurus, almanac, encyclopedia, and library all rolled into one and open 24 hours a day 7 days a week. The internet is a great tool however finding the information you’re looking for is like finding a needle in a stack of paperclips, lots of information that’s similar but not quite what you’re looking for it. The most common tool we use to†¦show more content†¦The digital divide is a term used for to describe the growing distance between those with access to information and those who don’t have the access. We would be a perfect example of the digital divide. 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Brutality And Complexity In Global Economy â€Myassignmenthelp.Com

Question: Discuss About The Brutality And Complexity In Global Economy? Answer: Introducaation A shared economy can be define as an economy where an individual has the capacity to originate or rent resources or services that are owned by some other individual being of that country. It can also be define as economy that shared all the resources and services in interchange of either suitable fees or may be compensation or open among the private individual of that country (Schneider et al., 2015). The system of shared economy is in use since the starting of the society. The process of sharing has been changed during the years but the purpose is more or less the same. The main objective of the shared economy has always been to enrich and enlightened the lives of the people of the country. Now a days, sharing has now become lot more possible, convenient and easy at a large level due to the introduction of internet in day to day life. In a shared economy there is the emergence of plentiful opportunities where the resources are used by a groups or individual in order to produce money but these things are absent in closed economy (Williams, 2014). Black Economy The segment of countrys economic activity that is derived from the sources that fall outside the countrys rules and regulation regarding commerce. The activities can be either legal or illegal depending on what goods and services involve. This is called Black Economy. On the other hand White Economy can be define as such portion of the economy where there is a proper accounts which is abides by the countrys rules and regulation. It is generally opposite of white economy (Schneider, 2015). In Black economy, the economy does not follow the guidelines and protocol of commerce of that country and thus the activity of such economy are not accounted for taxation purpose. An example of such economy is that the illegal weapons trade is the example of black economy. Another example is the payments of workers working in construction site where the workers are working legally but their payments are done illegally through cash so that tax can be avoided by both the workers and the person who is making the payments. The Uber is a business that operates in Australia under sharing economy and Cab charge is a business that operates under traditional business model. Both businesses operate in the same industry in Australia, i.e. in transport business. The objective of this part of the document is to explain the various aspects associated with the shared economy and more traditional economy and how these aspects influence the business operations of organizations operating under these economy models. As already mentioned in a sharing economy the private individuals are allowed and have the right to use the unused assets for their benefit in exchange of fees or free of costs depending upon the kind of resources or assets to be used. Traditional business model on the other hand is nothing like sharing economy as the assets in tradition economy are only allowed to be used by the owners for their own business and other purposes. These two organizations, i.e. Uber Australia and Cab charge, and their struct ures shall be discussed to under the characteristics of these two economy models better (Schneider Kearney, 2013). Uber Australia is a business organization that allows individuals to book cars and cabs according to their needs for travelling and commuting purposes. The concept of business of the company is to allow the customers to use the cars according to their needs by paying due fare. The structure of the business is such that it allows individuals to book ride instantly as well as advance bookings of ride for later periods by using mobile apps and online bookings (Guttentag, 2015). Whether the ride is for short distance or for long distance, the customers have the right to book rides according to their needs and requirements. The assets, i.e. in this case cars and cabs are though owned by the organization itself, i.e. Uber Australia, however, the individuals booking online and by using mobile phone apps can use these assets, i.e. cars and cabs, according to their needs and requirements in exchange of fare. The very premise of Uber is on sharing resources as the business is all about providi ng private cars and cabs on demand to the private individuals and public of a country. A worldwide business leader in its category Uber according to financial experts have a business turnover of over US$20 Billion however, surprisingly the company has only shown a tax bill of $18000.00 in Australia in its first tax bill in the country. This is quite surprising considering the huge business aspect of the company even in Australia the figure of $18000 seems quite low. The company, Uber Australia is a ride sharing company and has evolved its business around the globe on the concept of sharing economy. In fact the companys objective and goals are very much in alignment with the goals and objectives of a shared economy. An economy that allows free sharing of resources and assets owned by each other either in exchange of money or free of cost depending on the nature of resources and assets to be used is a sharing economy. However, there are numerous organizations that are operating in the country which do not believe in the concept of free sharing and follow a different economic model however, that does not take anything away from the positives of a sharing economy (Leigh Blakely, 2016). The structure of the company, i.e. Uber Australia is very much built on the concept of a sharing economy. In order to achieve an agile economy which is the objective of the Government of Australia including the prime minister of the country Mr. Malcom Turnbull compan ies like Uber, a ride sharing company, has a huge role to play and contribute to the overall development of the economy in the country. Considering the fact that the Australian economy is one of the earliest to be recognized as a developed economy in the globe it is not surprising to find numerous organizations in the country to operate under the shared economy model. According to a report the company, i.e. Uber Australia has delivered a whopping 5 Million rides in the year 2015 and the number of rides expected to increase in the future. However, the debt structure of the company should rang a bell in the managements ear. The company though is an important participant in sharing economy model however, the behavior of the company has become more or less align with other multi-national companies in the country. The company, according to an initial report has debt of $980000.00 from related entities which is far in excess of the first annual revenue of the company of $804000.00. According to the tax structure of the country companies with gearing ratio of above 60 per cent are allowed to claim tax deduction for repayments of loans. For a company which believes in the concept of shared economy is claims to be part of a sharing economy the structure of the company and its business model needs to be revisited to ensure that the operational characteristi cs of the company matches with the concept of shared economy (Kirchgssner, 2017). Cab charge is another business organization that is operating in the same industry as that of Uber Australia however, the business models and relevant economy models of the two organizations are completely different. Though both, Uber Australia and Cab Charge, are in the business of transport but the economy models of the two organizations are completely different. Whereas Uber Australia is an important constituent of shared economy model, Cab charge on the other hand is another organization which operates in more traditional way under traditional business model. Cab Charge as already mentioned works in more traditional business economy where the sharing concept is not followed (Meng et al., 2013). In a traditional business model unlike the sharing economy the private individuals have no right to use the resources and assets which are owned by others at free of cost. The customers in a traditional business model will have to make payments for each and every resources and assets to be sued for their own benefits. Cab charge is an organization that operates in transport business in the country following the characteristics of traditional business model. Cabchrage Australia Limited is a company listed in the Australian stock exchange and is an ASX 200 company since December, 1999. In the year 1976 the company established a payment system using which the customers can make account payment to the company for using the services of the company. In a joint venture with ComfortDelGro the company took 49% interest in Comforthdelgro cab charge. The company operates by taking booking services and dispatching services in exchange of fare in taxis in Australia. At present the company covers an astonishing 7000 taxis all across the country and is one of the largest cab service providers in the country (Winer et al., 2013). Despite the influx of competitions especially after the globalization the company has still been able to hold on to its major share. The management team and the executive committee of the company deserve a huge credit for the same. The companys cab charge payment system however, have come across number of criticisms from the r egulatory bodies of the country. In fact there have been numerous proceedings against the company for its alleged anti-competitive practices. In the year 2010 a Federal court proceeding was started for alleged anti-competitive practices including predatory pricing by the company which resulted in one of highest fines for any companies in the history of Australian economy and the company was forced to pay a fine $15 Million in settlement for its anti-competitive practices. In the year 1976 Cabcharge Australia Limited introduced an alternative payment system to cash payments for availing the services of the company. This brought about a huge revolution in the taxi industry as it got an alternative of cash payment system. The principle activities of the company includes the following: Businesses and individuals can make account payments instead of cash payments for using the cab services of the company. The company was one of the first companies to introduce non-cash payment facility in taxi industry (Kuehn, 2014). The company has point of sale system that allows the customers to make payment for availing the taxi services by using third party charge, credit cards, debit cards and products of car services. Development of software is another aspect of companys business. The company offers taxi booking and dispatch services. Development of hardware related to taxi services such as taxi security camera systems, taxi meters to account for the mileage, and other transaction processing equipment. Apart from the taxi services the company also runs buses and coaches in New South Wales and Victoria through joint venture business with its joint venture partners. The company operates in the traditional business model segment and thus, the main objective of the company is to maximize the profit from its operating activities. The company has been quite successful in operating taxi and other services over the years. Especially after the introduction of its non-cash payment system in the year 1976 the turnover of the company has increased significantly. However, with the increase in turnover there have been increase in controversies too (Summers, 2014). The company has found itself against the wrong side of numerous court proceedings; in June 2009 the Australian Competition and Consumer Commission started proceedings against the company alleging that the company has breached numerous fair trade practices and have violated competition rules to gain unjust advantage over its competitors in the market. ACCC began court proceeding in the Federal Court of Australia for alleged misuse of its power in the market to arbitrarily set prices to gain advanta ge over its competitors in the marketing. The court case was settled after the company agreed to three contraventions of trade practices (Allan et al., 2014). The sanction made by the Treasury in Black Economy Taskforce Interim Report says that through investigation sanction would be successful in order to decrease the involvement of shared economy to the problem of black money recommendation must be followed as in the report (Sassen, 2014). To decrease the influence of shared economy towards black money Treasury of Australia has made reference which are as follows. As of Australia maintain decent tax record so such firms are permitted to access to the procurement prospects. In order to motivate the business organization for following the same path, small business and organizations are to be allowed to receive incentives by them who has made investment in non- cash business. It is extremely essential to increase the Taxation Payment Reporting system. Payment method of contractors, payment of wages in case should be controlled in order to keep the provision for tax deductibility hassle of payments (Pickhardt Sard, 2015). The technology which are used to over power or destroy the sales figures must be banned. The business registration can be enriched through transformation steps of integrity. To the small business organization and small corporation essential and important training must be given which are related to taxation so that they could understand the process and thereafter apply its benefits in their own business. Based on the activities of Australian Taxation Office, funding must be increased. Regulatory taxes shall be deceased so that the small business firms are not over loaded with too much requirement of law. Limitation on cash payment shall be forced across the country for attaining better tax expansion across the country. A sharing economy that has reporting rule could be introduce in order to ensure well and better system of taxation. GST threshold must be reduced. Lowering of Reprieves of utilization. Introduction of Phoenix taskforce is essential. Reforms of beneficial ownership. Withdrawn of excess arrangement that are not necessary. The Government agencies must utilize with efficiency the documents privacy that must be increased. It is essential to implement the recommendation effectively in order to gain the goal of Black Economy taskforce. If the recommendations proposed by Treasury it should be implemented properly so that the desire objective would reduce the contribution of shared economy towards black economy (Enste 2015). The objective that will aid the government are listed below. Arrangements must be withdrawn which is not necessary and regulatory conditions must be increased. Reprieves should be limited or reduced Introduction of Sharing Economy Reporting Regime. No paying of cash incentives shall be increased Across the country cash based payments must be reduced or diminished. The small business and firms should reduce the regulatory burdens. Training should be there for small firms and business employers so that they bear by requirement of tax. 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Time Means Money Essay Example

Time Means Money Paper Time is Money means Time = Money Don’t waste your money and don’t waste your time. Think it twice! Is it really true that time = money? What do you think? Some people who are very busy and have tight schedules would say that. They like to be rush because for them, Time is Money. Firstly, I think the same thing, time is money because time is as precious as money. However, time is more important than money because how hard we work, when we lose our time, you cannot get it back, how hard we try. The only thing that we can do is move on and appreciate every time we have. As I see my sons, grow everyday, I come to realize that they become bigger and bigger. Of course that’s what I want, but I start to miss their babies’ time when I see other babies. I cannot do anything, I only can try to remember how they were look like when they were babies, what did they do, etc. Though I have money, I can’t buy that memories. Time cannot be bought by money. As I see my sons grow everyday, I realize that I have spent lots of time and money. In order to raise my kids, I will need both, Time and money. Money, I can always raise it, the harder I work, the more money I will get. We will write a custom essay sample on Time Means Money specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Time Means Money specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Time Means Money specifically for you FOR ONLY $16.38 $13.9/page Hire Writer But, it is not the same with time. How hard I work, I cannot raise more time, because time will keep go on and go on. Spending time with my kids are very precious time and important! It cannot be replaced by anything. Money cannot buy my precious time that I spend with my kids. When I loose my money, I would say, â€Å"It’s ok, I always can get it again. How if I loose my time? I cannot make a come back. Therefore, I conclude that Time is not money but Time is more important than money. waste your money and youre only out of money, but waste your time and youve lost a part of your life.