Basic Business Essay

Basic Business Essay Basic Business Essay Commerce Notes Elements of Business Plan * A business plan is a formal statement, or series of statements, clearly identifying the objectives and goals of a business and outlining the strategies to be used in order to achieve these aims. * A business plan aims to set out steps which must be taken if a business is to achieve its objectives. * The plan is continually evaluated and adjusted as the circumstances change and as the business grows. * A business plan lays the foundation upon which a business can begin or grow. * There are two types of business plans: * Informal planning – Is planning that is not written down. Common in small businesses, where planned direction of the business is known only by the owner or is communicated to employees by word of mouth. Often leads to misunderstandings, as not everyone is clear of the company’s direction or how it plans to get there. * Formal planning – Involves a series of documents which are generally given to employees, detailing the goals of the business and the strategies which will be used to achieve them. * Formal planning range in length from short-term plans (less than one year) to medium term plans (between one and five years), to long term plans (more than five years). * Business planning becomes more complex the larger a business becomes. â€Å"If you fail to plan, you plan to fail† Top Ten Tips for Writing a Business Plan 1. Write from the audience’s perspective

Computer Games Have a Negative Effect on Individuals

Computer Games Have a Negative Effect on Individuals Computer Games: The Potentially Detrimental Activity Computer Games Are Addictive Quite a few Americans have grown up playing computer games – mostly for pleasure, mostly alone – and they’ve wasted a lot of time, and a lot of their health and money, doing it, too. True, some computer games may develop the user’s reasoning skills, their ability to solve problems and so on. Perhaps this is the case, but playing computer games can also have a detrimental effect on a person – especially if they are consumed by the activity to the point they neglect their everyday responsibilities and their well-being. The overuse of computer games affects a person negatively on quite a few levels, mostly one’s physical, mental and emotional health, but also their finances. This is not to say that playing computer games alone is bad for a person; however, when it begins to affect a person’s life in a negative way, it becomes a problem, and it’s a problem our society must acknowledge and work hard to fix. To begin with, let’s take a look at how the overuse of computer games negatively affects a person’s physical health. For one, consider the activity itself. Rarely are computer games played standing up or moving around; they are done mostly sedentary – and encourage a sedentary lifestyle. A person consumed by computer games spends a great deal of their leisure time sitting down. This makes for bad cardiovascular health, which means potential heart problems and strokes – and of course obesity, which causes premature death in a person. Since people in our society spend more and more of our time sitting, because technology controls our lives, it is increasingly important to live a healthy lifestyle with daily exercise. Sitting too long is bad for us, and that is precisely why the overuse of computer games is bad for a person’s health. Computer Games are Time-Consuming ?omputer games can be detrimental to a person’s mental and emotional health, a negative side effect of this time-consuming activity. Even if they enjoy playing the computer game, the user will eventually start feeling lonely, unfulfilled and out of touch with reality. This may lead to depression and anxiety, a feeling of hopelessness, unless they begin incorporating healthier activities into their daily life – such as volunteering, exercising, hanging out with friends or reading. But this is quite a challenge when a person is engulfed in such an unhealthy, time-consuming, yet much enjoyable, activity. That is much of the problem: computer games can be a lot of fun to play, so much that people will forgo human interaction and a healthy lifestyle just to continue playing the game. At this point, it almost becomes an addiction – and addictions always have negative outcomes. Virtual World cannot Substitute Reality Overuse of computer games – like with any all-consuming activity or addiction – can negatively affect a person’s financial well-being. If the user spends so much time playing the computer game that they neglect their work responsibilities, they may lose their job – which could cost them money in the long run. Perhaps it distracts them from paying their bills, their mortgage, their car payment, which then costs them more money in debt. Also, when considering how the overuse of computer games affects a person’s health, all around, it’s a no-brainer that to take care of their health problems (doctor visits, medication, hospital bills, etc.), one has to fork over more and more money. Computer games, though they may cost less than $100 to purchase, can cost a person thousands in the long run – one more negative effect that computer games have  on the individual user. To conclude this argument, that the overuse of computer games has a negative effect on individuals, it’s important to add that playing computer games is not a detrimental activity in and of itself. Only when a person is utterly consumed by a computer game – that is playing it hours and hours a day, every single day of the year – does it begin to bring negative consequences, ones that affect a person’s health (emotional, mental and emotional) and their wallet. What is the solution to this problem? It may not be a bad idea for society to financially reward people with healthy, active lifestyles. Why not give people money for having balance in their lives? Why not penalize people who spend too much of their waking hours behind a computer, consumed in a game? This is a problem we must deal with. It won’t go away on its own. It’s up to us.

Obligations Case Study Example | Topics and Well Written Essays - 2000 words

Obligations - Case Study Example In five different examples we shall try to explain complexity of issues that they cover. According to US Senate "obligation is an order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period." (US Senate reference glossary) Bravo Shearing Ltd (BSL) are manufacturers of tube cutting machinery and have advised in Tube World their latest tube shear at 980.000 Laurel and Hardy Ltd (LH) are manufacturers of welded stainless steel tubing and on seeing the advertisement request further information from BSL, who send a brochure complete with price list. On the price list the shear is listed is listed at 900.000. L&H dispatch a letter stating that they wish to purchase the shear for the list price. BSL have now contacted L&H and advised them that the price in the list is incorrect and that the correct price is 980.000 L&H insist that they have a contract at 900.000 Commercial ads are not considered valid offers, same as general price lists. Obligational offer is document which is obligational for the seller of the product. "There are also obligations in other normative contexts, such as obligations of etiquette, social obligations, and possibly the obligation to spell words correctly" (Law Dictionary and Research guide). On the other hand, if price list is sent specifically on request of potential customer requesting the offer for specific product, than it can be considered as valid offer, and at that moment mailer of the offer or price list has become obligatory document. Therefore, L&H has right to buy tube shear for 900.000 EXAMPLE 2 Dispute L&H have made an offer to PW Metals for the sale of 500 lengths of tube at a price of 1.85/meter. PW Metals have faxed back asking if L&H "may accept a price of 1.80/meter."L&H did not respond, and a week later sold the material to Premier Ltd. PW Metals have now contacted L&H requesting a delivery date for the tubes. Solution PW Metals are right when claiming that they have valid contract for delivery of 500 lengths of tube at price of 1.85/meter, unless that date of validity expiration has been clearly stated on the offer that has been sent by L&H, AND that validity period has expired on the moment when PW requested delivery date for the tubes. The fact that PW Metals asked for price reduction does not have any effect on the validity of previous offer. EXAMPLE 3 Dispute L&H have made an offer by fax machine for 100 lengths of tube to Whitehouse Stockings Ltd (WSL) at 2.30 pm on Monday, 19th of November. After consideration WSL decide to take up the offer and fax back an acceptance at 5.12 pm on the same day, and place a copy of the acceptance in the post that night. Unknown to the either party the fax acceptance falls down a gap in the desk behind the fax machine and is not seen by anyone at L&H. The following morning L&H sell the 100 lengths to Pentagon Steel and there will be no replacements available for several months. At 10 am the post is opened at L&H and they notice the acceptance, upon which they advise WSL of what has happened. WSL claim that they

If you invest $20 million in China Research Paper

If you invest $20 million in China - Research Paper Example The economy’s growth potential therefore identifies room for more investments and capitalizing $ 20 million dollars is not likely to stretch the economy’s resources (Oecd 33). Another significant macroeconomic indicator for determining investment decision in a country is the trend in inflation rate. Inflation defines a steady and significant rise in commodity prices. It can similarly be defined as a continuous decrease in the value of money in an economy. Inflation would therefore induce a loss in invested money because the investment’s value will be lower than the original one and even derived profits might not be able to compensate for the loss from inflation. Inflation trends in China however offer a good indicator because it has conveyed a decreasing trend. The inflation rate was for example reported at 6.9 in the year 2004 and the value had steadily decreased to 2.5 by the year 2008. The steady trend further projects high probability of lower inflation rates in future and this means that an invested amount in the economy is not likely to lose its value. The trend that can be forecasted to persist further shows that an investment in China has high chances of gaining value as the country’s inflation rate continue to decrease (Oecd 33). A review of the past trend of China’s consumer price index also offers a basis for determining prospects of investing the $ 20 million in the economy. The macroeconomic indicator defines percentage change in a group of commodities’ weighted prices and is related to inflation. A fall in consumer price index, as represented by the Chinese economy therefore implies economic stability and improving money’s value with time. The index was for example reported at about four in the year 2004 and... Business organizations are established with the prime objective of making profit through entrepreneurial ventures that may identify diversified economic risk. It is therefore necessary to analyze economic environment around a business in order to understand its possible risks and benefits before deciding on establishing a business. Making decisions over which economy to invest in may require analysis of microeconomic and macroeconomic factors of economies of interest for evaluation and comparison of involved risks and benefits. Similarly, an investor who has focused on one economy needs to evaluate the economy’s factors before establishing a venture. In this paper, the potential and risks of investing $ 20 million in China are investigated, based on the country’s macro and microeconomic indicators. The country’s major challenges are however its banking system that is strictly regulated by the government and its currency that does not reflect real value against other currencies. The government’s regulation may hinder delivery of quality and unbiased banking services and may allow for government control on investments. Trends in China’s macroeconomic indicators identify investment potential in the economy that indicates high probability of further expansion and favorable economic factors. The increasing real gross domestic product, decreasing inflation rate, and falling consumer price index indicates the economy’s trend of increasing stability that is safe for investments. Even though government control over banks and the country’s currency are threats to investment in China, the identifiable potentials are more significant.

Importance of Rice and the Varieties Worldwide :: Essays Papers

Importance of Rice and the Varieties Worldwide Rice (oryza sativa) is the staple food for about one half of the world’s population. This grain has origins going back to about 3000 B.C in India, and grew along the rivers of the Tigris and Euphrates circumscribing the ancient civilizations of Mesopotamia. Rice is the staple food of East and Central Asia, the islands of the western Pacific and much of Latin America. These eastern nations are today the main rice-producing countries; places such as China, India, Japan, Bangladesh, Indonesia, Thailand and Burma. Rice is much more than a grain; it has fueled economies, been subject to science, and traveled the globe due to world trade. Rice is found all over the world and in thousands of varieties; there are more than 8,000 varieties found in India alone where it all originated, and in one of the smaller rice-producing countries, the Philippines, there are about 3,500 varieties. Some of these well known varieties include basmati (India), sushi rice (Japan) and jasmine rice (Thailand) each having a different consistency and flavor. Basmati rice is very aromatic, both in its dry state and cooked. It has an exotic smell that is very distinct compared to other varieties. Sushi rice is known for its consistency; it very sticky, which is beneficial when making sushi. Jasmine rice, as seen on the plate, is also aromatic but it has a different smell. It has a more floral smell to it, hence the name Jasmine rice. There are other varieties of wild rice which is altogether a different species (Zizania aquatica). This species is grown in western nations such as the United States and has become a delicacy in markets. It fueled the diets of Native Americans in parts of the Midwest United States. Rice comes in different colors, shapes, lengths, and is grown in different conditions. The harvested rice, which still has the husk around the grain, comes in several different colors including, white, brown, amber, red or black. Some of these varieties are long and slender, while others are short and thick. The Process of Growing and Harvesting Rice Rice is grown in tropical, semi tropical and temperate regions; mostly in coastal plains, tidal deltas, and river basins. There needs to be a supply of freshwater because the land needs to be submerged under water.

Mbuti Culture

Mbuti Culture Micheal Smith ANT 101 Prof. Tracy Samperio September 24, 2012 Mbuti Culture Mbuti primary mode of subsistence is Foraging. A forager lives as hunter and gatherer. The Mbuti hunt and gather food from the forest, and they trade as well for survival. They are referred as hunter-gatherer. They are a small band of kinship groups that are mobile. All foraging communities value their lifestyle. The Mbuti show how their kinships, beliefs and values, and economic organization are the key for their forager culture. In the forager societies kinship is one of the key importance of the lifestyle.Mbuti are called the people of the forest, who believe they are the children of the forest. Their beliefs and values are very important to their culture also. The forager beliefs are that every living thing has a spirit (Nowak and Laird, 2010). The Mbuti beliefs are that the forest is for helping and giving thanks through their ritual ceremonies ( Mosko, pg. 897). Forager see working togethe r and sharing is the way to economic organization. The Mbuti has the same way to keep their economic organization working right. The Mbuti way of living shows team work instead of individual wealth.The foraging societies believe family, marriage and kinship, gender, and age are the key principle of social organization (Nowak and Laird, 2010). The Mbuti are forest people. Their kinship is small and have different one throughout their band. They look to choose a partner, than start a family. The most common type of family in foraging societies is nuclear family (Nowak and Laird, 2010), which the Mbuti have also. In choosing a partner, there are some rules and understanding they have to meet. With the foraging societies, choosing a partner, they have to understand; they cannot have sexual intercourse until married and cannot arry within certain kin. That means intermediate family. Once the Mbuti culture has chosen a partner and got marry; sexual intercourse can occur also. Ideally, mar ital love-making should take place in the forest, but it may also occur in the couple own hut (Mosko, pg. 899). The women that is married should have intercourse during menstruate cycle. This is how they conceive and start a family. The Mbuti common type of family is the nuclear family, just like most foraging societies. A nuclear family is composed of a mother and father and their children (Nowak and Laird, 2010).The forager societies feel nuclear family adaptive to various situations that is why it is common (Nowak and Laird, 2010). The Mbuti are composed of bands which are multifamily groups. The bands are small groups of nuclear family, which changes every time they move. Sometime the bands are composed of a few extended families, each consisting of a nuclear family with married children, their spouses, and offspring (Nowak and Laird, 2010). Such a band composition works best in terms of cooperation and sharing (Nowak and Laird, 2010). The Mbuti bands establish a camp in the for est.The nuclear families of the bands arrange their separate huts roughly in a circle around a central hearth (Mosko, pg. 903). The bands are what make up the Mbuti kinship. The forager society’s beliefs and values may be different but have the same meaning. Like stated before, they believe that every living thing has a spirit (Nowak and Laird, 2010). The Mbuti main beliefs and values are the forest, avoiding violence, and their leisure time. The Mbuti see the forest as a symbol of their beliefs and values. The forest is a thing that has a spirit which helps them. They give thanks to the forest by ritual ceremonies.The forest also plays an important part in the Mbuti pregnancy. â€Å"Forest† itself, for virtually everything in Mbuti culture is related to the one idea (Mosko, pg. 897). The Mbuti do not believe the forest is a simple idea; they describe it as â€Å"lover†, â€Å"God of the Hunt†, and â€Å"God of the Forest†, for some examples (Mosko , pg. 897). The forest is what the Mbuti base their lifestyles on. Foraging Societies try to avoid violence by working hard and dealing with other cultures like them. They work hard to feed their families. They value the idea of a family and working together. That is why their leisure time is so important.Leisure time is used to spend time with the kin and friends, the foraging societies believe (Nowak and Laird, 2010). They work hard to find food and hunt for a couple of days and rest of the time is for leisure activities. The Mbuti have ritual that they do during their leisure time. They have a ceremony called molimo. It is performed by the men and is associated with singing and the use of a trumpet called the molimo (Nowak and Laird, 2010). The molimo ceremony used the molimo, a strictly forest institution, which young men are initiated after they have become successful hunters (Lee, pg. 44). This is how most of the leisure time goes to, the family. The forager culture has high v alue for working together and sharing (Nowak and Laird, 2010). Those values show how their economic organization works wells. They see economic importance as cultural tradition. This is how they survive also. It is easy for forager to move place to place because they don’t have many material items. That is what makes the exchange process so easy also. The reciprocal economic systems are a form of exchange of goods and services that occurs between members of a kinship group (Nowak and Laird, 2010).Foraging societies has a similar way of using this system. The amount of food and other resources occur immediately because they are mobile (Nowak and Laird, 2010). The exchange process is what keeps them going. Even though they are mobile, they can use the environment to storage material. The Mbuti are forager and show most of the forager society’s way of living. The Mbuti has showed how their kinships, beliefs and values, and economic organization is the key for their forage r culture. Reference Nowak, B. & Laird, P. (2010). Cultural Anthropology. Bridgepoint education, Inc. Retrieved from: http://content. ashford. eduThe Symbols of â€Å"Forest†: A Structural Analysis of Mbuti Culture and Social Organization Mark S. Mosko American Anthropologist , New Series, Vol. 89, No. 4 (Dec. , 1987), pp. 896-913 Published by: Wiley-Blackwell on behalf of the American Anthropological Association Article Stable URL: http://www. jstor. org/stable/677863 The Mbuti Pygmies: An Ethnographic Survey by Colin M. Turnbull Review by: Richard B. Lee American Anthropologist , New Series, Vol. 69, No. 2 (Apr. , 1967), pp. 243-244 Published by: Wiley-Blackwell on behalf of the American Anthropological Association Article Stable URL: http://www. jstor. org/stable/669466

The Great War And World War I Essay - 1189 Words

Between 1914 and 1918, many of the world’s leading countries were neck to neck in a bloody and gruesome battle known as the Great War or World War I. At the start of the war, the United States practiced its policy of isolationism, a policy of remaining apart from the affairs or interests of other countries. However, the United States officially entered the war in April 1917. Although the United States only fought two battles, at St. Mihiel and the Meuse-Argonne, the fighting took a heavy toll on American lives and the public opinion of war. In an attempt to restore public opinion, President Franklin D. Roosevelt decided to help the United States slip back into isolationism. In response to the overwhelming desire of Americans to keep their distance from foreign conflicts, the United States remained diplomatically and militarily isolated due to public sentiment, internal politics and lack of military preparedness, and economic repercussions of the Great Depression. With more th an fifty thousand American boys killed in combat, many Americans believed that the Great War was a tragic and costly mistake that should never be repeated.1 According to historian David Kennedy, â€Å"Americans of both sexes, of all ages, religions, and political persuasions, from all ethnic groups and regions, shared in the postwar felling of apathy toward Europe, not to mention the rest of the quarrelsome world that bordered on disgust.†1 Americans had grown up with the luxury of being isolated fromShow MoreRelatedThe Great War : World War I894 Words   |  4 Pages The Great War: World War I World War I, otherwise known as the Great War, began as a small battle that eventually developed into a prodigious uproar between several countries. WWI’s beginnings are controversial and historians throughout the world have several theories about the destructive event. Said to be one of the most disastrous and ruinous struggles between nations, The Great War lasted from July 1914 until November 1918. Referred to as a World War because of the global participation andRead MoreWorld War I And The Great War1472 Words   |  6 PagesWorld War I was usually suggested to as The Great War. The war began sometime in 1914 and lasted four years, ending in 1918. America endorsed, in this era, a great amount of devastation. Throughout those four years alone approximately nine million casualties occurred and in addition millions more were mutilated, grief-stricken, handicapped, or traumatized. World War I is referred to by some, the first catastrophe, man-made, of the twentieth century. Many historians continue to contemplate the essentialRead MoreThe Great War Of World War I1490 Words   |  6 PagesThe Great War also considered to be World War I, although not initially named that due to not knowing that there would have been a second one. The war lasted from 1914-1918 and was one of the most violent wars known to history. Before war broke out many of these countries were flourishing economically and wanting to advance their country. During this time period many of the countries were unified and if there was one country that were to engage in war with one then it would cause a major war. ARead MoreWorld War I And The Great War1004 Words   |  5 PagesWorld War I or the Great War as it became known, occurred due to many causes, some of which are still unknown. The obvious trigger was the assassination of the heir to the AustriaHungarian throne archduke Ferdinand and his wife Sophie on the twenty-eighth of June 1914. But a great portion of the cause dealt with past disputes between the Great Powers and such aggressive principles as Nationalism: the strong feeling of pride and devotion to one s country, Imperialism: the domination of one countryRead MoreWorld War I And The Great War1249 Words   |  5 PagesWhenever you come across World War I, don’t you ever deeply think about how it all started? Who would have known that just 2 pulls of a trigger could have triggered a demoralizing World War? World War I, also known as â€Å"The Great War,† was a war that primarily took place in Europe. It officially started on the 28th of July in 1914 and it unexpectedly lasted until the 11th of November in 1918 (about 4 years). The most predominant countries that fought in this war include Great Britain, France, RussiaRead MoreWorld War I And The Great War1147 Words   |  5 Pagesperspective of being the First World War, it truly lived to the name of â€Å"The Great War†. While no war is ever simple, this one was very complex for its time. It was a vast war with a revolutionary impact on military advances. The end result of the war, catastrophic. It was a conflict on a global scale that later involved over thirty nations. If anything it was a war on politics, and really illuminates what poor political stamina can result in. With all of this in mind the question stands, â€Å"What madeRead MoreThe Great War And World War I Essay1198 Words   |  5 PagesBetween 1914 and 1918, many of the worlds leading countries were neck to neck in a bloody and gruesome battle known as the Great War or World War I. The United States practiced its policy of isolationism, a policy of remaining apart from the affairs or interests of other countries. However, in April 1917 the United States officially entered the war. Although the United States only fought in two battles, at St. Mihiel and the Meuse-Argonne, the fighting took a heavy toll on American lives. In anRead MoreThe World War I And The Great War1560 Words   |  7 PagesWorld War One , also known as the Great War was a global war fought between the allied powers and the central powers from July 1914 to November 1918. The assassination of Franz Ferdinand led to the outbreak of world war one. Franz Ferdinand was the arch duke of Austrian-Hungarian Empire and was considered as the heir of the Empires monarchy throne. However there was many other factors that caused world war one. Alliances which is an agreement be tween two or more countries which gives help if oneRead MoreWorld War I And The Great War1196 Words   |  5 Pagesfrom this 20th century time period under the influence of mass media. World War I, or the Great War, was one of the bloodiest wars of all time. It was a war sparked by militarism, alliance, imperialism, and nationalism. However it’s affliction laid the groundwork for post war prosperity. Nearly all social classes felt its benefits. Workers rights improved, taxes were lowered, technology advanced, and industry boomed. The war was brutal and the roaring twenties were a chance for the United StatesRead MoreWorld War I And The Great War1509 Words   |  7 Pagespower. World War I, also known as the Great War was the outcome of many tensions and a sequence of calamitous incidents that plunged Europe into a disaster zone. Due to the use of the machine gun and trench warfare, most of the war was a battle of attrition between the â€Å"Triple Alliance† and the â€Å"Triple Entente†. Millions of people fought and died in this war, among them thousands of Canadians. There have been many attempts to reconstruct experiences and battles of the First World War in prose