Thursday, August 27, 2020

Poetry analysis on “How Do I Love Thee” and “Sonnet XVIII” Essay

Both, Elizabeth Barrett Browning’s â€Å"How Do I Love Thee† and William Shakespeare’s â€Å"Sonnet XVIII,† investigate the general topic of interminable, rising above affection. So also, the two poems are admissions of adoration towards a male subject. Browning’s is an energetic love; one that the Greeks alluded to as eros. â€Å"Eros is Love, who overwhelms the brain, and subdues the soul in the bosoms of the two divine beings and men .† Shakespeare’s, be that as it may, is the affection for agape. It is the adoration one feels for his family, and companions . In managing the topic of affection, the two sonnets reference the magnificence of their feelings, and the everlasting idea of such excellence. Barrett’s â€Å"How Do I Love Thee† follows the structure of a Petrarchan work, and is hence written in poetic pattern. It comprises of 14 lines, and is partitioned into an octave and a sestet. The octave has a rhyme plan of ABBA. It presents the essential issue confronting the creator, for this situation being the subject of her statement of adoration. The sestet has a rhyme plan of CDCDCD. It settle the issue introduced by explaining the manners by which the creator cherishes her dearest, and asserting that her adoration would be reinforced in the great beyond. Shakespeare’s â€Å"Sonnet XVIII† follows the structure of an old style Shakespearean work, and in that capacity, is written in measured rhyming. It comprises of 14 lines, partitioned into three quatrains and a rhyming couplet. The rhyme plan of the main quatrain is ABAB, and presents the essential thought of the poem, it being the examination of the speaker’s dearest to a summer’s day. The subsequent quatrain has a rhyme plan of CDCD, andâ strengthens the correlation of the adored to a summer’s day. The third quatrain’s rhyme conspire is EFEF, moving the concentration from the mild summer, to the for all intents and purposes everlasting nature of the memory of the cherished. The couplet has a rhyme plan of GG, and finishes up the poem by integrating the subjects of adoration and verse. Barrett’s poem is imbedded with delightfully fused abstract gadgets. She starts with the facetious inquiry, â€Å"How do I love thee?† She at that point continues to address this inquiries by saying, â€Å"Let me check the ways.† This can be deciphered as a clear overstatement, as her sentiments are unadulterated to such an extent that she would never genuinely include the quantity of manners by which she cherishes this man. Barrett utilizes metaphorical language in saying, â€Å"I love thee to the profundity and expansiveness and stature/My spirit can reach.† This places an image of unbounded space, or for this situation unending adoration, in the perusers mind. She additionally utilizes relationship through the lines, â€Å"I love thee uninhibitedly, as men take a stab at Right;† This analyzes the energy and love she is giving of her unrestrained choice, to the enthusiasm which men set forward when battling for equity. This builds up that her affection isn't bound, yet in addition that it is solid, and legit. A similarity can likewise be found in the accompanying line, as she states, â€Å"I love thee absolutely, as they abandon Praise,† demanding her affection is as humble and unadulterated as the hearts of those men who are taking a stab at equity. The last line of the piece states, â€Å"I will yet adore thee better after death.† Death is to some degree amusing in this specific situation, since it is both what closes the sonnet, and what closes life. Shakespeare’s presents his poem with the line â€Å"Shall I contrast thee with a late spring day?† it could be said, this anticipates the cherished will, truth be told, be contrasted with a summer’s day. Maybe, significantly more than that, it hints the utilization of representations all through work, as the correlation will be made. Shakespeare starts the correlation by drawing matches between his cherished and the summer’s day, through the line â€Å"Thou workmanship all the more exquisite and more temperate.† He cautiously picks his descriptors so they may apply to both summer, and his adored. He proceeds by expressing that â€Å"rough winds do shake the sweetheart buds of May.† In this, he is utilizing unpleasant breezes as an image of unpredictable possibility and change, and suggesting that his dearest is superiorâ because he doesn't experience the ill effects of these breezes. The creator exemplifies the sky, or â€Å"heaven,† by utilizing the similitude of a â€Å"eye† instead of the sun. He further represents the season by referencing that the summer’s â€Å"gold complexion† is regularly â€Å"dimmed,† which looks at one more human property of his adored, with a quality of summer. The creator at that point guarantees his adored that his â€Å"eternal summer will not fade.† Through this, he utilizes summer as an analogy for magnificence. The speaker gloats that his darling will never endure a similar destiny as a summer’s day, since he has committed him to â€Å"eternal lines.† This adds the subject of verse to a piece that had, as of not long ago, been about affection.

Saturday, August 22, 2020

Juvenile Punishment essays

Adolescent Punishment articles A genuine inquiry has been acted like to whether kids ought to be treated as grown-ups when they carry out genuine violations. Lamentably, nobody knows the appropriate response. Each case ought to be dealt with dependent on its own realities and conditions encompassing the wrongdoing that was submitted. Would it be a good idea for us to as society permit youngsters to perpetrate genuine violations and pull off them? Are the guardians the ones who ought to be considered capable? Would it be a good idea for us to permit a multi year old who has submitted murder to run free through our neighborhoods and schools? What discipline should an adolescent get for assaulting their nearby neighbor? The adolescent wrongdoing issue is anything but another issue; it has been on the ascent for quite a while. With the FBI announcing an about fourfold increment in the homicide capture pace of individuals under 17 from 1965 to 1992, adolescent equity change has become a national fixation. (Matza 1) Peo ple are currently seeing what ought to be done about this issue, when they ought to have considered that quite a while in the past. New laws are being spent regular and new projects instituted to attempt to bring down the quantities of violations submitted by adolescents, yet what number of are truly working? Adolescents who carry out genuine violations ought to get progressively genuine disciplines. A portion of the kids originate from damaging homes and an individual could state this is a piece of the issue. Be that as it may, would it be advisable for us to accuse the guardians or rebuff the guardians for the activities of their youngsters? A few people contend that kids are not developed enough to be considered responsible for their activities. The way that they were full grown enough to carry out the wrongdoing in any case says that they are sufficiently adult to assume liability for their activities. Some state that kids are not fit for comprehension and don't grow intellectually until between the ages of 18 and 21. So how are adolescents permitted to drive if so? Genuine violations ought to get genuine disciplines paying little heed to whom or how old the per... <! Adolescent Punishment papers The inquiry: Should youngsters who carry out fierce violations be attempted as grown-ups? has been bantered for quite a long time. For example, on an October night of 1998, Shaun Miller, 15 years of age, and three of his different companions looted a store in a humble community of Nevada. The most seasoned one, 19 years of age, arranged the wrongdoing and held the firearm to the clerks head. Shaun, unarmed, took $726 from the sales register; this was gotten on the tape (Rimer Should youngsters who carry out savage violations be attempted as grown-ups? What about Shaun Miller who was unarmed and sat idle yet take $726 from the money registershould he be charged as a grown-up? The response to both of these inquiries is YES! I accept that regardless of how old an adolescent is, in the event that they can carry out a wrongdoing, they are liable for their activities. Like Shaun Miller, despite the fact that he was unarmed, he was there and made part in the move. In the grown-up framework, the issue of a pioneers or supporters is superfluous in light of the fact that each individual is appeared to be identical. This is unique in relation to the adolescent framework where supporters are condemned less seriously than pioneers (Rimer What age is youth consider as grown-ups? Age plays a significant factor in deciding whether youth ought to be charged as grown-ups or adolescents for wrongdoings that they submit. The discussion of when do kids become grown-ups has differed starting with one period then onto the next. For instance, in the Middle Ages, youngsters who were seven were considered as grown-up in light of the fact that they could cultivate and work in the fields (Bartollas and Miller, 1994). During the Renaissance, youngsters from poor families became grown-ups at seven, yet for highborn kids they became grown-ups af... <!

Friday, August 21, 2020

Blog Archive MBA Career Advice The Importance of Spelling

Blog Archive MBA Career Advice The Importance of Spelling In this weekly series, our friends at MBA Career Coaches will be dispensing invaluable advice to help you actively manage your career. Topics include building your network, learning from mistakes and setbacks, perfecting your written communication, and mastering even the toughest interviews. For more information or to sign up for a free career consultation, visit  www.mbacareercoaches.com. Bill Maher: I was amazed at the things that you have to tell (new graduates) that they don’t know. I guess I forgot how stupid I was…..Like, don’t be late. Carol Leifer: Yeah, don’t be late. Number one…with a bullet. It doesn’t matter what great school you graduated from. Top of the class? Don’t be late…. Bill Maher: Spelling. I can’t tell you how many letters I have gotten from people over the years who have wanted something from me. ‘Dear Mr. Mahr â€" spelled  M-A-H-R. It’s M-A-H-E-R!” â€" Episode 321, Real Time with Bill Maher The exchange above between comedian and talk show host, Bill Maher, and comedienne and one-time Seinfeld writer, Carol Leifer (Note: Carol, not Carole; Leifer, not Liefer!) is relevant for two reasons. The first reason should be clear: when you are applying for a job, getting the little things wrong will kill your chances. The second reason is a bit more subtle: spelling a name right is not some sort of antiquated notion. Leifer and Maher are not sticklers working in the HR department. They are comedians, who don’t take much seriously. But even they take the spelling of their names seriously!! What does spelling an individual or company’s name, or even a company’s address wrong say? It says that you are being haphazard before you even get the job â€" at a time when you should be most cautious. If you are being sloppy at such a sensitive time, just how careless will you be once you let your guard down? Spelling a name right is the very minimum of level of respect and consideration you can show a person (or a company!!). In short,  get names right! You need to be thoughtful about each and every communication you have with your prospective employers . For most of us, that means double and triple checking all correspondences before sending them and even making sure important communiqués are read by others. The wrong impression is always much easier to make than the right one. Share ThisTweet MBA Career Advice

Monday, May 25, 2020

The Effect Of Resistance Training On Anxiety, Depression,...

Also, we know anxiety and depression are viewed as underlying causes of low self-esteem. Those who suffer from low self-esteem tend to experience some type of fear and anxiety. O’connor, Herring, and Caravalho (2010) systematically review evidence that supports resistance training influencing anxiety, depression, fatigue, self-esteem, and sleep. Nevermore, many of the outcomes seem to share a biological influence. The neural mechanisms that underlie and regulate our health outcomes are largely discrete. However, a common mechanism is suggested by the proposed social and psychological explanations for mental health improvements after strength training. After strength training, O’connor et al. (2010) found symptoms of poor sleep were†¦show more content†¦Limitations of These Studies The discrepancies identified throughout my literature review may be a result of numerous limitations. These limitations can result from demographic restraints, modality, and sample si ze. Each of these limitations will be discussed further below. Demographic limitations. Singh, N. A et al. (2005) reviewed studies that focused on the intensity of resistance training and the effect it had on older adult’s mental health. The ambiguity is derived from the wide range of older adults that participated in the study. Furthermore, participants aged from 60-85 years old. In this case, social competence may be lower in older adults, particular because they may be alone. Thus, may cause skewness within the data, because being surrounded by other individuals may have boosted their self-esteem instantly. Sample size limitations. In Faigenbaum et al. (1997) study the sample size consisted of 15 adolescents for the experimental group and 9 adolescents for the control group. Even though the results showed a positive correlation between resistance training and mental health, a study with a small sample size has a reduced change of detecting a true relationship. In addition, Moore et al. (2011) study had uneven numbers among men and women within the sample, which can reduce the statistical power of the test and increase the number ofShow MoreRelatedSymptoms And Symptoms Of Fibromyalgia Essay1139 Words   |  5 Pagessuch as depression, anxiety in a reciprocal relationship and posttraumatic stress (1). Antidepressants are used to improve norepinephrine and serotonin responses in the brain, reducing the rate of depression (1). The presence of elevated psychiatric disruptions or triggers in individuals is related to current anxiety state, and those who have experienced psychological trauma (i.e. sexual abuse) have an increased number of psychological triggers that lead to sleep/dream disturbances and anxiety (1).Read MoreWhat Is 22 Random Control Trials For Patients With Chemotherapy And Treatment?1000 Words   |  4 Pagesaerobic, resistance, and flexibility activities. In terms of a psychological approach, the trials also used anxiety levels as a factor in their exercise plans. Out of five trials, three demonstrated positive effects, while two showed no statistical significance. Again, these programs included walking based programs and telephone counseling interventions. (Schmitz et al., 2010) The next trials they examined patients after chemotherapy and radiation treatments ended. In terms of depression and anxietyRead MoreEssay on Running and Over Training1428 Words   |  6 Pagestwo to three times the bodies weight is hammered on the joint, muscles, and tendons. How much running is â€Å"too much† running? is there too much of a good thing? There is and it is most commonly referred to as over-training. Over training is by definition the imbalance between training and recovery.the conceptual theory behind most â€Å"plateaued† and over-worked bodies, in the gym, the swimming pool, the track etc.. Over worked meaning that they are being worked to a detrimental state. a place whereRead MoreHow Heart Disease Affects Men And Women Essay1636 Words   |  7 Pagesis an irregular heartbeat, which can result in cardiac arrest (U.S, 2014, pp. 1-2). The four main causes of CHD are smoking, high levels of fat and cholesterol in the blood, high blood pressure, high levels of sugar in the blood due to insulin resistance or diabetes, and blood vessel inflammation. There is a large amount of risk factors that increase one’s risk of coronary heart disease, although they can be controlled. The major risk factors that have been proven, include: high cholesterol, highRead MoreThe Effect Of Exercise Training And Nutrition Therapy On Function, Fatigue, And Pain3564 Words   |  15 PagesEFFECT OF EXERCISE TRAINING AND NUTRITION THERAPY ON FUNCTION, FATIGUE, AND PAIN IN WOMEN WITH FIBROMYALGIA Research Question: What is the effect of resistance/aerobic training and nutrition therapy on function, fatigue, and pain in women with FM? Abstract Background and Significance: Fibromyalgia (FM) symptoms such as pain and fatigue can have a severe impact on function and quality of life. The exact etiology of FM is unknown, consequently there is no single best treatment. Studies have shownRead MorePopulation At Risk : Pregnant Women, Depression And High Stress Essay2028 Words   |  9 Pages Population At Risk: Pregnant Women, Depression and High Stress So you’ve just found out you re pregnant and are feeling ecstatic about the bundle of joy that will soon be present in your life. The first few weeks fly by as you’re making plans for your baby room decorations and all the cute toys, clothes, and accessories you plan to buy for your child. But shortly after, it’s like a dark cloud sets in. You’re feeling blue and aren’t sure why. Unfortunately, this is all too familiar with manyRead MoreDo You Need To Slim Down Quick For A Coastal Escape Or3301 Words   |  14 Pagesdigestive system work more resourcefully and helping to keep you regular. Thus, just eating enough fiber may help you feel slimmer in just a day or so. There is also evidence that fiber in the diet can help prevent stroke and heart disease, ease the effects of diabetes, and may even directly help in weight loss. Ten: Take a multivitamin. While it is, usually, better to get your nutrients from your food, most people miss something in their diet, especially when they re trying to cut calories. ThereRead MorePathophysiology And Progression Of Copd2015 Words   |  9 Pagescapillaries. The function of the alveoli is to perform the exchange of oxygen and carbon dioxide. There are millions of alveoli in the lungs, they have thin walls so the diffusion of oxygen and carbon dioxide can move across the membrane without resistance to the pulmonary capillaries. A person with COPD has damaged alveoli and bronchi. This means they have weakened and ruptured air sacs that are unable to efficiently perform the exchange of gases (oxygen and carbon dioxide). As the disease progressesRead MoreMind/Body Practices: Ancient Traditions with Contemporary Benefits3290 Words   |  14 Pageswomen’s anxiety, depression, fatigue, and overall quality of life. The study compared 102 women, some of who were randomly selected to partake in 12 meditation therapy sessions (in addition to the radiation therapy) for 6 months. Another group attended only radiation therapy. Results showed that the women who participated in meditation therapy had significantly reduced levels of anxiety and fatigue, as well as an overall improved quality of life. Although this study showed no significant effects on theRead MoreThe Effects Of Nutrition On Children And Adolescent s Growth And Development2182 Words   |  9 Pagescognitive abilities and mental concentration. The four main dietary components known to alter children’s behavior are gluten and dairy, refined sugars, and caffeine. Gluten and dairy are natural dietary elements yet are still known to have adverse effects on bodily functions. Refined sugars and caffeine are considered unnatural and too inhibit optimal functioning. These dietary components are found to result in unfavorable behaviors in children. These behaviors include tantrums, screaming, anger, restlessness

Thursday, May 14, 2020

Dracula by Bram Stoker Book Review - Free Essay Example

Sample details Pages: 6 Words: 1733 Downloads: 7 Date added: 2019/04/30 Category Literature Essay Type Book review Level High school Tags: Dracula Essay Did you like this example? Introduction Pasty white skin, sharp fangs, and grows young by drinking others blood. Thats right, vampires. One of the most well-known vampire books is Dracula by Bram Stoker. It tells the story of a group of people that are plagued by the vampire Dracula, and their story to hunt him down and kill him once and for all. There are many elements to this story, including the plot, characters, and quotes. Also, you will be able to see my assessment of the story. So, lets dive into the plot, characters, quotes, and opinions. Book Summary The plot is key to any story, even Dracula. But in Dracula, we see the plot being told a different way. The book is just composed of diary entries, its like youre reading something your not supposed to be reading. We start off in the 19th century in Jonathan Harkers diary. He is traveling to Transylvania to help Count Dracula buy some land, as this is his job. But Johnathan starts to notice weird things about the Count he sleeps in a coffin and has three women that he calls the Brides of Dracula living in his castle! The Brides are weird too, they have pointy teeth and feast on a child Dracula brings them every night. Jonathan fears for his life and tries to run away. We are left on a cliffhanger with Jonathan, but we are then introduced to Mina, Jonathans fiancee. We are thrown into the life of Miss Mina as she is hanging out with her best friend Lucy. Lucy seems absorbed in her own problems, as we see that she has three marriage proposals in one day! The three options are John Stew ard, a doctor in a mental hospital, Quincey Morris, and Arthur Holmwood. AND.. THE LUCKY WINNER WAS ARTHUR HOLMWOOD!!!! Seriously though, all the boys stay good friends later on. We read in the diary of John Steward, as he is recording a patient of his, Mr. Renfield. Renfield has an odd habit of capturing flies, feeding them spiders, feeding them to birds, and then eating the birds. He says that his master will be coming soon. While all this is going on, Lucy is not doing well. She extremely weak, pale, and seems to be losing blood, but they cant find the spot where shes losing it. Doctor Steward is confused by this, so he asks for advice from Doctor Van Helsing. Doctor Helsing sees that a vampire is involved, and he tries to save her. They are not able to save her, and she dies. But as we and Doctor Helsing know, she isnt really dead. After seeing Lucy almost kill a child, Doctor Helsing and the three friends help him kill Lucy, they stab her in the heart and cut off her head. Min a hears from Johnathon who is suffering brain fever, AKA madness after his deal with Dracula. She goes to her fiancee at once and marries him. After a while, the couple comes back and they along with the three friends and Doctor Helsing swear to kill Dracula once and for all. While they go out hunting for Dracula, Mina stays behind in Doctor Sewards office to stay safe. This wasnt the safest idea, as that Sewards patient Reinfield invites his master, Dracula, into the building and he starts drinking Minas blood and forcing her to drink his. Quickly they try to find Dracula and kill him, he leads them to his hometown of Transylvania, and they have a final battle, where Quincy is stabbed and dies, along with Dracula. Don’t waste time! Our writers will create an original "Dracula by Bram Stoker Book Review" essay for you Create order Character Analysis Characters are also very significant to the story. Two of my favorite characters that I will be examining are Doctor Van Helsing and Mr. John Steward. Doctor Van Helsing is a very smart man. He taught Doctor Steward and have a lot more degrees than what you would think. He also knows a lot about vampires. He is the one who had the idea to put garlic everywhere in Lucys room, to cut off her head and drive a stake through her heart, and he seemed to be the only character that knew what we knew. As this book has been out for a long time, we know about vampires. Theyre everywhere and not just at Halloween. A vampire teaches the kids their numbers and how to count. We know that vampires cant go out into the daylight, dont eat, cant see their own reflection, and garlic repels them. Doctor Van Helsing is the only one who knows what we know about vampires. When we see that Lucy is losing blood and there seems to be no cut or exit wound, we know to check on her neck, so does Doctor Van Helsi ng. On page 239 we see him helping out his friends. He pointed, and far down the avenue of years, we saw a white figure advance-a dim white figure, which held something dark at its breast. The figure stopped and at a moment a ray of moonlight fell between the masses of the driving clouds and showed in startling prominence a dark-haired woman, dressed in the cerements of the grave. We could not see the face, for it was bent down over what we saw to be a fair-haired child. There was a pause and a sharp little cry, such as a child gives in sleep, or a dog as it lies before the fire and dreams. We were starting forward, but the professors warning hand, seen by us as he stood behind a yew-tree, kept us back. We see that he is protecting his friends from the vampire Lucy as she is holding a child that she will kill. He knows that if they attack her while she is awake, she will kill them. Then later, he asks Authur to kill the vampire. You would think that the professor would be happy to do this, but he wants Authur to be the one who sets her free. My other favorite character is Mr. John Steward. He is a kind doctor who works at a mental hospital. Back in those times, I think that not a lot of people would be nice to mentally unstable characters. But Dr. Steward is the exception. He has a man named Renfield in his care, and he makes sure that someone watches this patient all the time. Even after Renfield attacks the doctor and cuts him, Doctor Steward still treats him like a human. When Renfield asks for a kitten, the doctor writes this in his journal on page 85, so I said I should see about it, and asked him if he would not rather have a cat than a kitten. His eagerness betrayed him as he answered: Oh yes, I would like a cat! I only asked for a kitten lest you should refuse me a cat. No one would refuse me a kitten would they? I shook my head and said that at present I feated it would not be possible, but that I should see about it. We see that Doctor Steward knows that if he gives Renfield a cat, he will kill it eventually. But he doesnt scold Renfield, he politely says that he thinks it is not possible right now. My two favorite characters are Doctor Van Helsing, because of his knowledge matches ours, and Doctor Steward because he treats his patients with kindness. Quotes One thing that will leave a lasting impression on the audience are quotes from a book. In my opinion, there are two outstanding quotes in this story. The first is on page 182, I am too miserable, too low-spirited, too sick fo the world and all in it, including life itself, that I could not care if I heard this moment the flapping of the wings of the angel of death. And he has been flapping those grim wings to show some purpose of late This was written by Doctor Seward as he explains how three people everyone loved, Lucys mother, Arthurs father, and Lucy, have died. He seems to think that there is nothing to live for in this world. I love how it describes death, with flapping grim, black wings as he sneaks up behind someone, yet they can hear him, and he takes them away. Everyone feels this kind of sadness usually one time in their life, and Bram Stoker explains it perfectly. You dont want to kill yourself but if death came now, you wouldnt give a fight. The other quote that I love i s when Johnathan Harker is ending his diary on page 202. He ends it on such a sad and impressionable note that it stuck with me, So I can finish this diary; and God only knows if I shall ever begin another. If I do, or if I ever open this again, it will be to death with different people and different themes; for here at the end, where the romance of my life is told, ere I go back to take up the thread of my life-work, I say sadly and without hope, FINIS. If the book had ended this way, it would be a cliffhanger and at the same time, a happy ending. I love how it says that if he ever opens up another diary it will be at another time, with other people. That is just like life. I hope to say FINIS at the end of my life. Both of these quotes explain something with death and make it beautiful. That is why they are my favorite quotes. Recommendations Everyones opinion matters and everyone has a different opinion. Some people like this book, some people dont. But in my case, I would recommend Dracula. It is a novel bursting with action, romance, plot twists, and mythical creatures. You wont understand why someone likes it if you dont understand the book in the first place. But if you are lucky enough to read and understand Dracula, I think you will be very impressed. Conclusion There are key points that every book must have like plot, characters, quotes and how people see the book/recommend it. Dracula is bursting at the seams with so many different aspects, including romance, action, mythical creatures, deep characters, and even deep quotes. What other books have you read that are so deep and first of the kind like Dracula by Bram Stoker?

Wednesday, May 6, 2020

International Monetary System - 5858 Words

INTERNATIONAL MONETARY SYSTEM MULTULATERAL DEVELOPMENT BANKS Meaning International Monetary System refers to the system prevailing in world foreign exchange markets through which international trade capital movements are financed exchanges rates are determined. MNCs operate in a global market, buying/selling/producing in many different countries. For example, GM sells cars in 150 countries, produces cars in 50 countries, so it has to deal with hundreds of currencies. What are the mechanics of how currency and capital flows internationally? International Monetary System - Institutional framework within which: 1. International payments are made 2. Movements of capital are accommodated 3. Ex-rates are determined An†¦show more content†¦Similarly, the gold exchange standard typically involves the circulation of only coins made of silver or other metals, but where the authorities guarantee a fixed exchange rate with another country that is on the gold standard. This creates a de facto gold standard, in that the value of the silver coins has a fixed external value in terms of gold that is independent of the inherent silver value. Finally, the gold bullion standard is a system in which gold coins do not circulate, but in which the authorities have agreed to sell gold bullion on demand at a fixed price in exchange for the circulating currency. Gold Standard exists when most countries: 1. Use gold coins as the primary medium of exchange. 2. Have a fixed ex-rate between ounce of gold and currency. 3. Allow unrestricted gold flows - gold can be exported/imported freely. 4. Banknotes had to be backed with gold to assure full convertibility to gold. 5. Domestic money stock had to rise and fall with gold flows. Advantages of Gold Standard: 1. Ultimate hedge against inflation. Because of its fixed supply, gold standard creates price level stability, eliminates abuse by central bank/hyperinflation. 2. Automatic adjustment in Balance of Payments due to price-specie-flow mechanism. Disadvantages of Gold Standard: 1. Possible deflationary pressure.Show MoreRelatedInternational Monetary System3533 Words   |  15 PagesInternational monetary systems International monetary systems are sets of internationally agreed rules, conventions and supporting institutions that facilitate international trade, cross border investment and generally the reallocation of capital between nation states. They provide means of payment acceptable between buyers and sellers of different nationality, including deferred payment. To operate successfully, they need to inspire confidence, to provide sufficient liquidity for fluctuating levelsRead MoreIndia s International Monetary System And Classification Essay2005 Words   |  9 PagesIn this system, each country adopts a certain monetary unit with, more or less, fixed par value, based generally upon its gold content. This par value is made the basis of its exchange rate with other national standard momentary units, and this announced exchange rate remains stable or permanent for some time before it is officially changed. -The Floating Rate of Exchange A country using the floating rate of exchange for its monetary allows its money to be traded in the money market at exchange ratesRead MoreInternational Monetary System5852 Words   |  24 PagesINTERNATIONAL MONETARY SYSTEM MULTULATERAL DEVELOPMENT BANKS Meaning International Monetary System refers to the system prevailing in world foreign exchange markets through which international trade capital movements are financed exchanges rates are determined. MNCs operate in a global market, buying/selling/producing in many different countries. For example, GM sells cars in 150 countries, produces cars in 50 countries, so it has to deal with hundreds of currencies. What are the mechanicsRead MoreGlobalization And The International Monetary System1155 Words   |  5 Pagesglobal institutions and why we need them when globalization exists. We need them because they help regulate the marketplace and promote treaties that help govern business done globally. I learned about the International Monetary Fund, which controls the management of the international monetary system. The United Nations is in charge of security and keeping the peace between all nations. Globalization has lead to technological change that has helped advance our world. The technological change meant lowerRead MoreEvolution of International Monetary System3692 Words   |  15 Pagesthe International Monetary System In response to the worst financial crisis since the 1930s, policy-makers around the globe are providing unprecedented stimulus to support economic recovery and are pursuing a radical set of reforms to build a more resilient financial system. However, even this heavy agenda may not ensure strong, sustainable, and balanced growth over the medium term. We must also consider whether to reform the basic framework that underpins global commerce: the international monetaryRead MoreInternational Monetary System And Its Effects On The Economy1147 Words   |  5 Pagescontinuously. According to the International Monetary Fund, in the four decades between 1970 and 2010, there were no fewer than 145 banking crises, 208 monetary crashes, and 72 sovereign debt crises. This adds up to a total of 425 systemic crises across the world (Lietaer 3). These crises are caused because of the way the world monetary system has been set up. With debt being the basics of the current monetary system many local communities have developed new systems to replace or to help stabilizeRead MoreInternational Monetary System Of The European Economies1164 Words   |  5 Pages ECON310-1603B-08 Instructor: Janet Hunter Unit 4- International Monetary System Amanda Kranning September, 2016 International monetary system Immigration of refugees into other economies has been an issue in the affected countries that play a vital role in the harboring of refugees. It goes without saying that the influx of refugees comes with some standing effects that may influence the financial system of the recipient countries positively or negatively. Having beenRead MoreGlobal Firms And Governance, International Monetary Systems, Forex Markets, And Market Parities1151 Words   |  5 PagesProblem Set 1 (*optional items) Global firms and governance, international monetary systems, forex markets, and market parities. Global firms and governance: 1. How would you define and measure multinational corporations? If the firm is operating facilities in multiple countries or it is controlling real assets in multiple countries then the firm is called MNC. Multinational corporations can be measured by foreign ratios, foreign sales, and foreign employee ratios by how many countries in whichRead MoreThe World Trade Organization Essay1690 Words   |  7 Pagesinstitutions i will be talking about include the World Bank, International Monetary Fund and the World Trade Organisation. These organisations provide loans, grants and practical assistance to governments, in addition to loaning money to assist private businesses within developing countries. They also play a significant role in the privatisation and overseeing of public utilities and natural resources. The World Bank (WB) and the International Monetary Fund (IMF), often called the Bretton Woods InstitutionsRead MoreFinancial Globalisation Is The Cross Boarder Financial Flow Through Global Linkages1336 Words   |  6 Pageseconomists, the nati onal policy making, academic economist, national policy making bodies as well as international Monetary fund (IMF). The International Monetary Fund have influenced the way in which numerous multilateral institutions works in the worldwide economic changes as a result of globalisation. In historic times the Classic Gold Standard (1870-1914) was known as the perfect monetary system that was ever created. During this course, national money and other forms of money such bank notes

Tuesday, May 5, 2020

Strategies And Innovative Models Of Paypal And Subway †Free Samples

Question: Discuss about the Strategies And Innovative Models Of Paypal And Subway. Answer: Introduction The term strategy is often misinterpreted and misrepresented in the world of business to mean virtually any idea or tactic involved in the relatively peripheral processes of business. Similar is the case with the expression Business Model Innovation, which is nowadays perceived to be some ground-breaking cerebral discovery or invention that was unheard of. However, in reality, innovation is basically the process of updating and modifying the companys business operations in compliance to supply, demand and what strategies the competitors are using. The following report tries to create a comprehensive analysis of the strategies and innovative models of PayPal and Subway, two of the worlds prominent companies who changed the face of their respective fields of business forever. Discussion PayPal:Overview PayPal Holdings Inc. is a US-based money-transfer company which has a global online-payment platform that virtually caters to the entire world. Established in 1998 under the name Confinity, PayPal processes payments for online sellers, e-commerce, auctions via internet and other forms of business, through which it earns its profits (paypal.com 2017). At present, PayPal is functional in 202 countries, with 197 million registered and active user accounts (Neshe 2017). The platform enables its users to transact funds seamlessly across the world with exchange options I twenty-five currencies. PayPal has been chosen in this report for its innovative business strategy, responsible for its meteoric rise. Strategic Analysis Initially in 1998, PayPal, then called Confinity, operated merely as a money-transfer and security-software company, funded by BlueRun Ventures. The company merged with X.com, an online banking organisation in 2000, and X.com was renamed PayPal in 2001, before the company went public in 2002, at $13 a share (Regan 2017). Prior to this, PayPal served just fund-transfers between two Palm Pilots, with people having access to both wallets and PDAs; and this was just a peripheral stream of revenue. But come 2002, all that was to change, owing to PayPals farsighted strategies and enhanced business model. As stated, the first step to making a business successful is to develop a sound business strategy; addressing key issues like identifying the area of business, unique values one can offer, the resources and capabilities at disposal, and the ability to sustain this unique potential. Considering such parameters, expanding the fund-transfer operations across the entire nation was a sensible s trategy for PayPal, given the growing demand for online trading. In July 2002, PayPal was acquired by eBay for an estimated $1.5 billion, valued at about $23 per share, meaning, 77% over the IPO expense (Kane 2017). This is a significant example of Business Model Innovation by PayPal, whereby they addressed their key issue of lower profit rates by restructuring their offerings to target customers and hence, creating an enhanced value proposition for increased revenues (Massa and Tucci 2013). This was a definite win-win situation for PayPal as eBay already had an expansive customer base in the US which was sure to spread globally. Consequently, over 70% of all eBay orders and auctions took payments via PayPal; and went on to become the default payment mode of eBay, used by most customers. In the process, PayPal could successfully lowball their competition in online payments, namely, eBays own Billpoint, PayDirect from Yahoo, BidPay by Western Union, Google Checkpoint and Citibanks c2 it; all of which were shut down in coming years. This is an archetypal example of competitive strategy, where a company identifies its own strengths in correlation to its rivals policies in order to emerge victorious in the modern battlefield of business. The process of Business Model Innovation is a dynamic one and a company needs to keep enhancing and updating its operations in order to thrive in a competitive market. True to this dictum, PayPal kept acquiring smaller companies to expand its field of operations and subsequent revenues. In 2007, it entered a strategic partnership with MasterCard, which incepted the PayPal Secure Card Service which aids customers to use PayPal even on non-compliant platforms with their MasterCard cards (Auchard 2017). By that year, PayPal generated staggering $1.8 billion revenue. Subway: Overview Subway, the trading name of Doctors Associates Inc., is an American chain of fast-food outlets which is known mainly for the sale of submarine sandwiches and salads. It was founded in 1965 when Fred DeLuca opened Petes Super Submarines in Bridgeport, Connecticut, with a capital of just $1000 borrowed from a friend. Today, headquartered in Milford, Subway has about 45,000 outlets in over 100 countries across the world, with half of the stores in the US (subway.com 2017). The reason for including Subway in this report is their usage of tactically sound policies and ever-recurring innovations in the global restaurant market. Strategic Analysis From a strategic point of view, the most prominent aspect of Subways business policy was to understand the concurrent market-trend in the US regarding easily available fast-food. Through psychographic analysis of the food-market, Subway could target young adults, that is, the 16-39 age group as their principal target market. Subway realized that in a fast and hectic lifestyle, people crave fresh and nutritious food as opposed to burgers, pizzas and fries, which were widely prevalent then. Realising their target profile as Demanding People Who Know Their Minds (Lesser et al. 2013), Subway identified their fresh and wholesome food as their unique potential that would give them an edge over competitors; hence their caption : Eat Fresh. Up next lay the more difficult steps of creating a value proposition and the subsequent yield of higher revenues. This needed a foolproof business model that would stand the test of time with recurrent innovations. The major step towards innovation was to not imitate the already successful McDonalds and KFC who, by then, had hefty funds at their disposal. Therefore, Subway utilized this relative financial weakness and emphasized on combo-stores in optimum locations like downtown office areas, near schools and colleges, airports, railway stations and so on, which were easily accessible to people looking for quick, yet nutritious food. Another effective step of innovation was Subways focus on franchise ownerships instead of private proprietary, as the latter was much easier to secure and augmented their global appeal and reach. In 2011, Subway overtook McDonalds as the worlds largest restaurant-chain with 33,749 outlets, compared to the latters 33,737 (Bates 2017). Like any other successful company, Subway does not rest on its laurels and keeps innovating its operations and coming up with new ideas. Subway occupies about 60% of the American fast-food sandwich market, and has a staggering social-media presence with over 25 million fans on Facebook. As of May, 2017, the brand is valued at US$ 7.1 billion (Forbes 2017). References: Auchard, E. 2017. PayPal offers secure way to shop non-PayPal sites.Reuters. [online] Available at: https://www.reuters.com/article/us-ebay-paypal-ecommerce-idUSN1840572920071119 [Accessed 19 Aug. 2017]. Bates, D. 2017. Move over Ronald: Subway officially overtakes McDonald's to become biggest restaurant chain in the WORLD.Daily Mail. [online] Available at: https://www.dailymail.co.uk/news/article-1364037/Subway-overtakes-McDonalds-worlds-biggest-restaurant-chain.html [Accessed 19 Aug. 2017]. Forbes (2017). Subway on the World's Most Valuable Brands.Forbes Magazine. [online] Available at: https://www.forbes.com/companies/subway/ [Accessed 19 Aug. 2017]. Kane, M. 2017. https://www.cnet.com/news/ebay-picks-up-paypal-for-1-5-billion/.cnet.com. [online] Available at: https://www.cnet.com/news/ebay-picks-up-paypal-for-1-5-billion/ [Accessed 19 Aug. 2017]. Lesser, L. I., Kayekjian, K. C., Velasquez, P., Tseng, C. H., Brook, R. H., Cohen, D. A. 2013. Adolescent purchasing behavior at McDonald's and Subway.Journal of Adolescent Health,53(4), 441-445. Massa, L. and Tucci, C.L., 2013. Business model innovation.The Oxford handbook of innovation management,20, p.18. Nsehe, M. 2017. PayPal Extends Payment Services To Nigeria, 9 Other Countries.Forbes Magazine. [online] Available at: https://www.forbes.com/sites/mfonobongnsehe/2014/06/17/paypal-extends-payment-services-to-nigeria-9-other-countries/#70d74e39649b [Accessed 19 Aug. 2017]. Paypal.com. 2017.PayPal About - Home. [online] Available at: https://www.paypal.com/us/webapps/mpp/about [Accessed 19 Aug. 2017]. Regan, K. 2017. PayPal IPO Off to Spectacular Start.Commerce Times. [online] Available at: https://www.ecommercetimes.com/story/16368.html [Accessed 19 Aug. 2017]. subway.com. 2017.Explore Our World. [online] Available at: https://www.subway.com/en-au/exploreourworld [Accessed 19 Aug. 2017].