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Tuesday, August 25, 2020
Economic Cycle From 1984 To 1986 Essay
We would first be able to characterize monetary cycles as the reoccurrence of the development or constriction of a nations economy. We despite everything need to take a gander at the perspective on Wesley Mitchell who is the most acclaimed in the examination on financial cycles. He characterized business cycle as; Business cycles are a sort of variance found in the total monetary movement of countries that compose their work for the most part in business undertakings; a cycle comprises of extensions happening at about a similar time in numerous financial exercises, trailed by comparatively broad downturns, constrictions, and recoveries which converge into the development period of the following cycle; this succession of changes is intermittent however not occasional; in length business cycles differ from over one year to ten or twelve years; they are not separable into shorter patterns of comparative character with amplitudes around their own. (Consumes and Mitchell, 1946, p. 3) In this paper, we would be taking a gander at the monetary pattern of the U. S economy between 1984 to 986. In any case, before going into the financial cycle that existed from 1984 to 1986, obviously in our current time the economy of now pulls similar patterns with that of the 1980s. The present monetary states bears the equivalent tends as well, with the obtaining made by government to descend following the generous long stretches of acquiring. The PSBR declined and surpluses were reached as the 1980s advanced. Surpluses were anticipated to proceed on the grounds of unaltered arrangements. __________________ 1. Bruce T. Grimm, ââ¬Å"Alternative Measures of U. S. Monetary Activity in Business Cycles and Business Cycle Dating,â⬠BEA Working Papers 0024, Bureau of Economic Analysis. 2005. By the by, this was not the equivalent in the mid 1990s, as open accounts had crumbled uniquely with the shortage arriving at 7 percent of GDP in 1993-94. Not withstanding we need to take a gander at the point ready and examine on the patterns of 1984-1986. Monetary CYCLE IN 1984 The economy of the United State soared at a quick pace for almost two decades as the wallets of customers went fat and it was tied in with shopping binge . This was about the downturn of the 1980s with detail to the year 1984. The expanded pace of development didn't just ponder the method of shopping yet on the burning through done on business. From 1984 to 1986, there was a fast increment in work. The expansion was quick to the point that numerous investigators to term the United States economy as the American occupation machine. Be that as it may, as the pace of business expanded, many despite everything didn't profit by the development. Among the less taught youngsters, joblessness increased and the pace of work power partaking diminished. In spite of the fact that there were sufficient employments, many despite everything contended the quality and estimation of the American occupation regarding pay, advantages, and professional stability was diminishing. There was a reduction in lucrative occupations in the assembling division and there were a greater amount of low paying employments. There was a development in low maintenance and transitory occupations and the less gifted laborers resembled a disintegration of employment quality. By the early piece of 1984, America encountered the new time of supported development since World War II. The tax reduction made by government expanded the pace of burning through done by buyers. ______________________ 2. Consumes, Arthur, and Mitchell, Wesley. Estimating Business Cycles. New York: National Bureau of Economic Research. (1946). GNP expanded at a yearly pace of 4. 2 percent aside from the decrease in 1986 to less than 2 percent. This was the least in the decade. The pace of swelling was between three to five percent and the economy delivered 13 million employments. Monetary CYCLE 1985 The economy of the United States proceeded in an upward pattern from 1984 to 1986. This proceeded in 1985 however in a moderate pattern in the early year. By and by, as the financial development proceeded because of sound development and the interest for merchandise and enterprises, the household creation endured on the grounds that most products accessible where imports. The second 50% of the year was likewise went with consistent development that lead to the desire for a proceeded with development into 1986. Presently, investigating the economy in 1985, it was seen that the primary portion of the year had a drowsy development. The GNP of the last 50% of 1984 rose by 3 percent yet that of the primary portion of 1985 was rose distinctly by 1%. The exacerbating of the fare segment and the decrease in stock interest in first half to a great extent counterbalance a tolerably solid increment in the acquisition of local item products and ventures. These included government buys, business fixed speculation, utilization consumptions and private developments. A large portion of the quality in buys where given by U. S families. This is because of the solid development in utilization and the expansion in burning through done on private tasks. Continuously 50% of the year in 1985, the financial development has revived with a 4. 3 percent ascend in the GNP at second from last quarter. The local last buy expanded more than that of the main half and the was a decrease the pace of fare. On account of the sharp _____________________ 3. Balke, Nathan S and Gordon, Robert J. ââ¬Å"The Estimation of Prewar Gross National Product: Methodology and New Evidenceâ⬠. February 1989. Diary of Political Economy, University of Chicago Press, vol. 97(1), pages 38-92. overview in the residential stocks for car, stock speculation, decrease more than that of the main half. The governmentââ¬â¢s acquisition of merchandise and ventures in the second from last quarter were likewise a sharp supporter of the acquisition of household last items. The ascent in government buy was a result of the expanded utilization of Commodity Credit Corporation Loans by ranchers and enormous increment in guard buys. Private fixed venture additionally expanded and keeping in mind that nonresidential fixed speculations declined. Uses done on close to home utilization items expanded firmly in second from last quarter of 1985. The monetary development pace in 1985 was a consistent one and it was around 2. 5 percent. This was lower than that of 1984. The development in local buy increment on account of the interest for individual utilization was high. Asset use and Inflation In 1985, the development in yield was not sufficiently able to diminish the underuse of assets. The pace of joblessness for the regular folks tumbled from 7. 2 percent to 7 percent in November. Assembling work declined and the finance for nonfarm occupations expanded respectably. The pace of limit use in businesses, which was another proportion of assets use declined at around one percent point. This mirrored the more noteworthy leeway present in the mechanical division than in the social economy. The expansion rate was checked by the leeway in the economy this was joined with the solid dollar costs on import and imports contending merchandise. There was a moderate in increment in the pace of work cost and the ideal execution at food and vitality costs added to the degree of swelling in 1985. The broadest general value file _____________________ 4. Cacy, J. A. , Glenn, H. M. , and Dan, H. H. ââ¬Å"Economic Review: The U. S. Economy in 1985 and 1986â⬠. December 1985. expanded by 3. 75 percent yearly rate over the initial seventy five percent of 1985. the cost of completed products sold at discount rose by 1. 5 percent in November. This was higher in than that of 1984. The costs of food item declined altogether and there was a slight drop in vitality costs. In outline, the year 1985 saw moderate U. S. request development being changed to a languid out put development. This was a direct result of the compounding pace of fare and stock speculation. The drowsy yield development kept a lot of asset inert. The all out leeway experienced in the economy, the immediate impact of solid dollar, the frail food costs, and the feeble vitality costs limited the pace of value swelling.
Saturday, August 22, 2020
Argos and Corinth essays
Argos and Corinth articles Argos was established by Phoroneus; he named it after his child, Argos. It was the second biggest city-state in Ancient Greece, and for quite a long time, the most significant one. Argos was auxiliary to Mycenae until the Dorian attack in the twelfth century BC. At that point Argos turned into the most unmistakable Greek city-state in the northeastern Peloponnese. Argos and the Early Hoplite Greek records start in 680 BC legitimate, which matches with the dates credited to the ascent of King Pheidon of Argos, who is ascribed with formalizing the hoplite framework and rejoining the Argolid city-states under Argive rule.Though, Argos got held in disrespect by other city-states in 480 BC when Athens and Sparta asked Argos polis to send supplies, and Argos can't. Argos had a fruitful military. Argos has consistently been profitable during times of war and harmony. Argos and Sparta were contending city-states Argos climate is normally hot since its polis is situated on a plain. The Argives soil isn't exceptionally rich, convincing them to battle the components for food. This was a significant hardship for them, however inspite of this, Argives were better and a jealousy than th0e other Greek city-states. In 146 BC Argos turned out to be a piece of the Roman territory of Achaea (region of Argos) and thrived as a focal point of expressions and exchange during the Roman time frame. Argos was generally renowned for its sculptures of competitors; glorious and undulating with muscle. The were additionally celebrated for their brilliant performers and artists. Argos was the primary spot in all of Greece where plays were acted in outside theaters; they drew hordes of more than 20,000. Dramatization arrived at new statures in Argos polis. Corinth, as a waterfront city, had its own bank and fruitful works program. From this, their history prospered. However, Corinth was never the mo ... <!
Friday, July 31, 2020
Altruja
Altruja In Munich we talked with Nicolas Reis, co-founder and CEO of Altruja, about how he started the company, how the current business model is working and how they are serving which customer segments, and what advice Nicolas can share with other entrepreneurs.Altruja is a subscription service helping Non-Profit Organization raise more donations online.Interviewer: Hi. Today we are in the wonderful and sunny Munich with Altruja and Nicolas. Nicolas, who are you and what do you do?Nicolas: Hi. First of all, welcome, itâs great to have you guys here in Munich. My name is Nicolas, I am one of the founders of Altruja, and we do online fundraising for non-profit organizations. That means we build a software that non-profit organizations, which are our clients, can integrate into their own websites to collect donations. So basically it is payment processing for non-profit organizations.Interviewer: When and why did you start the company?Nicolas: We started right about four years ago, in the Ma rch of 2010. And âwhyâ is a good question, actually I lived in the US, in Santiago, where I did my Masters, my MBA, and after my MBA I worked for a software company that did online registration for business events, sports events, etc. For example, the Los Angeles Marathon. One of the tools they had was a charity tool. So if you are running the LA Marathon, they would ask you, Hey, itâs great youâre in the marathon, why donât you raise money for LAâs kidsâ charity? And a lot of people were doing this. So when I was checking back and forth with my friends and I was looking at how this was done in the rest of the world, I saw that there was something similar in Australia, in England, but nothing in Central Europe. There was nothing where non-profit organizations were able to collect money easily, securely and fast. It was a very costly process. So when I moved back in 2009 that idea stuck with me and I decided to use this opportunity and build a company.Interviewer: Did y our former employee in any way cooperate with you, or did you just do everything from scratch?Nicolas: Actually when I came over I took some of the ideas from this company in the US, but none of their technology. When I started here in Munich I was friends with the founders of Amiando â" I donât know if you still know them, they were acquired by XING EVENTS â" and our initial idea was to build it up like Amiando for charities, because the idea of integrating a tool into a website was very similar to their technology. But pretty quickly we realized we should open a second company for that. However those guys were very supportive, actually our first investors and shareholders are Amiando and the founders themselves. So we did not take any of the technology, but obviously they were very helpful in making the first introductions and in helping us getting the company started. So that means that now a very little portion of us belongs to XING. I donât know if they know.Interviewer: Letâs talk about the business model of Altruja. Can you briefly explain how it works, who are your customers, and how you are making money?Nicolas: I can actually also tell you how the business model shifted in the past, because that happened three or four time probably. Our clients and our customers are non-profit organization, which means that, by definition, we only work with foundations, clubs, political parties, etc., all those that are eligible and need donations to run their projects. If you think about that, itâs actually quite a big market. In German speaking part of Europe, six to seven billion Euros are donated every year. But only a very small portion of that is donated online, so far like 1% to 2% maybe. Whereas in the US weâre up to 10% to 20%. So that means non-profit organizations waste a lot of money on mail marketing, like postcards. My parents, during Christmas season, get hundreds of postcards from SOS Childrenâs Village, UNICEF, etc., and 99% of those ge t trashed in the mail. Another way to get donations is people, especially students, on the street asking people to chip in donations, posters and all that stuff, itâs very costly.So our system in the beginning worked like this that we offered them the tools completely for free and charging them a percentage fee of whatever we were raising for the. It was like 9.9%. The result was that some of our clients that were using our tool very efficiently were paying us a lot of money. It was nice for us, but it was a lot of money for them. On the other hand, many of the organizations that were raising very little money were probably causing the same trouble for us for the same work, and maybe if they only raised â¬50 a month, we were sending invoice for â¬3.85, something like that.So that means we shifted our model to something where we charge them a software fee, itâs very low, itâs like â¬59 for the software per month, and included in that is a volume to collect a donation of like â¬5000. So, in essence, itâs a âSoftware as a Serviceâ, we rent out the software, and if they want we do the payment processing for them. Thatâs pretty much the business model.Interviewer: Do you have different pricing points, can you tell us about that?Nicolas: Initially we had different prices, we had three different tools, one for raising money with friends, peer-to-peer, the other one was raising money with companies, and the last one was just a simple basic donation form. So we had different prices for them and realized that it was way too complicated, different volumes, different tools, way too complicated. Now we just throw everything together, and the only distinction we make is by the volume that you raise, because we pay all the credit card fees. So hopefully you use a lot of our tools and you raise as much money as possible for the organization, but for us the only thing that makes a difference is how much it is because thatâs where our cost structure lies.Int erviewer: Can you tell us about how the product is integrated with the non-profit organizations?Nicolas: Itâs actually very simple. You can imagine itâs like integrating a YouTube video into your organizationâs website. You get a tool, an HTML code, from us, copy that, paste that into the website, and from a technical perspective thatâs it. So we need maybe five minutes of the web admin, thatâs it. After that the person who is responsible for fundraising, for the donations, can change the text, the color, the image, the font, itâs as easy as using Windows PC. So thatâs very easy.All the payment processing, all the critical part, happens in this frame, in ours, so that means that the charity does not have to worry about data privacy, about credit card safety, about payment processing above other stuff, that happens in our website that is integrated into their website. However, the donor, the person who wants to donate, does not realize any of this. He just realizes, â Oh, look now the charity has a pretty cool tool on their website.â We are like the good guys in the background, making sure that everything runs smoothly.Interviewer: Does it only work like this that, let us say, integrate this plugin on my website, and then the users that are coming to my website as a non-profit organization just click on it, donate some money, you take care of the payment process etc., I get my money every month or so, and thatâs it, or do you also focus on providing some other services and values to the non-profit organizations?Nicolas: The first one was the basic tool, that is the bread and butter, thatâs what most organizations need to get started, because getting on the website and making donations thatâs the must-have. On top of that, if the organizations want to increase the donations and get more donors to get to their site, thatâs when we use our peer-to-peer fundraising tool, as we call it, like you run the marathon and you want to support Amnes ty International. For example, during the Munich Marathon or Vienna Marathon we work with those, you can create your own little page, it can be like âJoe Smith runs the Munich Marathon site for Amnesty Internationalâ, and you can invite all your friends and say I am running the Marathon, please help me to raise a thousand Euros for Amnesty International. Now all your friends can donate and help you to achieve your goal, and those will be people that probably would have never donated to Amnesty before, but because theyâre friends with you they chipped in.For example, we had young woman, sheâs 32, she started a campaign for an organization from Hamburg last Friday, and over the weekend, within four days, she raised â¬7,000 from her friends. So just imagine a young lady, 32 years old, raising â¬7,000 within four days from people all over the world, because they were friends with her and they wanted to help her achieve her goal. And for a non-profit organization thatâs gold, they would have never been able to reach those donors.Interviewer: Letâs talk about corporate strategy. If youâre thinking of Altruja as a service provider for non-profit organizations, what do you need to do in the next years in order to create some competitive advantage over other ways of raising donations?Nicolas: First of all, for us itâs an advantage that nowadays more and more organizations have to go online. Sometime itâs very shocking how little they know in the web space because obviously most donor organizations are bit older, theyâre mostly our parents, so until now they did not have to deal with their website. But now we get the feeling that this is changing, theyâre really interested in learning more about this.To answer your question, I think this is where we need to step up more, and where we want to step up more is to provide them with the knowledge, because itâs not enough just to give them the software, thatâs probably what we did in the beginning, like hereâs the software, itâs great, you can use a lot of tools, and they were like, okay, great, but I donât have a driverâs license to drive this car, like they donât know what to do with it and how to target new donors online.So now we work with them and help them to be a better online user, how to use social media, how to create an email campaign, how to improve their websites. You would not believe that they have website and you want to give them money, you have to search for like five minutes and then find the IBAN number, then you can write down the IBAN number, thatâs it. So we have to help them improve their online strategy, and I think if weâre able to do that then online donations will follow after that.Interviewer: So you are telling me that youâre trying to go to this kind of advising or consulting business and creating some revenue streams there as well?Nicolas: Yes and no. Youâre right on the consulting. We have to do that and I believe that probab ly a lot of startups have to do that in the beginning, because of itâs direct cash. If you consult someone you get money right away. And thatâs probably good, especially in the beginning, however itâs very hard to scale. So we try to get out of that as much as possible, however we still do it because I guess we need money. But we try to make a lot of those things automatic now. That means setting up an email newsletter that teaches them every week a new thing in social media that is tailored to non-profit organizations. And I think thatâs the only way, because up to now we have like 500 hundred originations that we support, from big international organization like Amnesty, to very small local animal shelters, everything from kids to nature and everything. But the only way to scale that is if you do it automatically.Interviewer: If youâre thinking about switching costs, assume that I am a non-profit organization and because I realize that online marketing is important I wan t to use your tool or other tools for creating donations on my website, how do you try to integrate with this non-profit organization so they donât have an incentive to switch to other providers?Nicolas: Hopefully because we do a very good job. Everything they need, they get from us, hopefully. We have the feeling that money and the price, as long as it is in the same ballpark, is not a reason why they would switch, itâs not for five years more or less. Because they have to trust us with the two most important things that they have, (a) with the money, and (b) with their donor data. We help them to control the data of their donors, so the level of trust has to be really high already. So if we do a good job and donât violate that â" which we donât do â" there is not really a reason to switch for one tool or another.Interviewer: Did I get it right that non-profit organizations donât have the data of donors that donate via your online tool?Nicolas: No, no. We just help them , for example we have one IT guy who deals solely with credit cards, with payment security, so that means it would not make sense for an organization, not even a big one, to hire someone who deals with credit card security. But for us it makes sense because he is able to help 500 organization at one point. That means that all the data privacy protection stuff we do for them so that they donât have to deal with it. Obviously the data is theirs, we just collect it for them.Interviewer: Letâs talk about the market development for the donation. You said one very interesting fact that in Europe most of the non-profit organization raise currently their money via offline sources. Can you tell us a little bit about the donation size in Europe, maybe in Germany, and which trends do you see, and what limitations do we currently have which need to be overcome in order to increase the online donation share?Nicolas: As I said, five to seven billion Euros are donated every year in Germany, Au stria and Switzerland, in this market space. It varies if there is a catastrophe like Haiti or something, then obviously that number goes up. As I said before about last years, I think 1.8% of that money was donated online. So you already get the feeling that, compared to buying flights, books and insurance stuff online, finding your future husband or wife online, all that happens now more and more, donations is very very in the back. So that has to change, or is changing, because the people donating are the ones that are working now in the office with a computer so everything moves to the online space.The average donation online is actually a lot higher, about three times as high as offline. For example, our average donation last year was â¬87, compared to the average offline donation that we get from the organizations, that was â¬29. So â¬29 to â¬87. And the main reason we think for that is that the average person is not going online for a â¬5 donation, that was maybe a misco nception in the beginning that young students that are online will chip in â¬5, itâs not the case, we get every day â¬500, â¬1000, â¬100. When people sit in front of their computer, they want to help, they want to do something, they take up their credit card, and youâre not putting out a credit card for â¬70 or â¬50, they do â¬100 donations.One other thing is that credit card donations are a lot higher than the typical debit donations, and we think maybe because there is a different demographic because not everyone has a credit card. If you have one and you shop online you usually donate a little bit more. Did that answer your question?Interviewer: It answered my question in terms of the current status. I would be interested in what limitations are there. Why are there only 1.8% of the total donations that are online right now?Nicolas: To mains reason, first, because indeed most donors are older, and we cannot convince the 98 year old lady to switch online now if she has never done online banking, if she never bought a flight online, or anything like that, the probability is that I will not convince her. So there will be a shift just by the demographic that will move into the donation demographic in the next couple of years. And that is what happened in the US and the UK and stuff.The other thing is that the clients have to change, they have to adapt to this shift to bring this demographic forward. For example, as I said before, there are websites that are horrible, there are websites that are ten years old and older, and obviously if you have a website like that and you only send out your newsletters via post once every year, why should you get online donations? So organizations have to start collecting email addresses, which sounds logical for all of us, but for many in those organizations â" and I understand that, there are people that work part-time or as volunteers, they have a regular job, and on the weekend they have to build up an e-mail ne wsletter, which is something new for them â" it is a hard shift, and thatâs where we want to step in and help them to automate that stuff and make the first step towards progress in the modernization of their organization.Interviewer: Nicole, what could be your forecast for the next 20 years, once the current generation that is donating a lot of money and is older is not donating because theyâre out of business, but the younger generation are they still donating as much as the current generation, or do you think even more or less?Nicolas: Thereâs a couple of different approaches to that. First, people tend to donate more once they reach certain age groups. Obviously as a young person you have to pay for your education, bringing up your family, buying your first house, car, whatever. And as soon as thatâs settled, people have more spending money, so thatâs why they usually spend more when they get older. So I am not afraid that people in five or ten years will donate less. But what will change probably, or is changing already, is how people donate. For example, my parents every year for the past 30 years have donated for the SOS Childrenâs Villages, automatically every year, the same amount. The change now is that younger people tend to donate more on a project basis. So they see there is a project, I want to help Amnesty International for this project, I want to help Green Peace for this, so people tend to be less loyal for an organization. Also, because of the worldwide web now theyâre able to look at new and different projects that appeal more and more to them.Thereâs more and more organizations coming up every year. For example 20 years ago if you wanted to do something for nature, there was just Green Peace and WWF, and thatâs it. Now every gorilla in Indonesia has its own charity on every island probably. So thereâs more and more smaller organizations. I think that changes and that will change how people donate. But one of the tools th at we provide is peer-to-peer fundraising tool, I think it helps young people that donât have as much money, like the woman that I mentioned before, but she still wants to get active and do something, but she has friends and family and her uncle who are now able to donate, so she can do something good without spending thousands of Euros, but sheâs still make a lot of difference.Interviewer: Because itâs project based. Can you briefly explain the market development and the market dynamics in terms of the competitors and how they act in the US, for example, because from my understanding the US is quite a big donor market, and maybe how the competitive situation is there and in Europe, and how the dynamics are?Nicolas: Youâre absolutely right. In the US last year over â¬300 billion donated, compared to Germany six or seven billion. So itâs just a big difference. Itâs not only because of the size of the market, itâs also because itâs a different culture. They pay less t axes, thereâs nothing like church tax, which we have in Germany here, but people donate a lot more on a community basis. You donate for your school, your university, all that stuff, which we donât have here. Thatâs why there are a lot more donations over there. Thatâs one thing.The competitive structure here in Germany is that there are two to three other software providers that do something similar like we do, obviously everyone has their small their niche, but right now we compete maybe for just 1.8% of the market slice. The main competitor that we all share is offline, itâs the postcard, itâs the mailing, itâs the person on the street, that costs a lot more money than raising money online. So I donât know about them, but we think of our competitors like we all together have to make this slice of the pie a lot bigger, and if weâre able to do that then the market is big enough for all of us. Everyone has their own little features and strengths and weaknesses, but we still think everybody is helping to make the pie bigger.Interviewer: Nicole, we at Entrepreneurial Insights always try to give first-time entrepreneurs some advice so they make less errors. What advice could you give maybe to your best friend or something?Nicolas: I think a lot like sharing is caring, and in this case I think it is a good job that you guys do because there are a lot of mistakes that people can avoid if they donât do the mistake for the first time. For example, one thing is to share your idea. I donât believe that it would be a good idea to simply keep my idea secret and not talk to anybody, because if they steal the idea they will make the next Facebook, Skype, eBay, whatever. Thatâs not going to happen. If your idea is that weak that someone can just take it away because he heard it once, then itâs not a good idea. So we were pretty open about our idea, talked to investors, even to competitors, to clients when we still on PowerPoint structure, because we got a lot of feedback from them. We got a lot of critical feedback, a lot of good feedback, but it helped us a lot to grow the idea. So be open about what youâre trying to build.The second thing I would say is think about money pretty quickly. We had focussed on this in the beginning, and I saw a lot of other founders that were trying to build the product, they were thinking, âI have those â¬2,500 a month, that will be enough to get the product started and to get some cash flow and then after 12 months I will be profitable and I donât investors.â Itâs probably not going to happen. If it does, good job. But it did not happen for us and we pretty quickly, I think from day one, started to talk to investors, because everything will take longer, itâs just learning from everybody. And we also took those investors very early on to get feedback from them, so afterwards when we talked to them we not new to them. So we even talked to them when we did not want the money. So build ing up this relationship will take some time, but I think you should get started as early as possible.The third thing would be â" but obviously that depends on the business â" get the product out as fast as possible. This is again feedback related, because you can sit in your ivory tower and think a lot about what the clients want, just build it as fast and quick and cheap as possible, get it out and get some real feedback, and then you have some things to work into the product. We call it âprogress not perfectionâ, thatâs one of our mantras. So as long as you move along it doesnât matter if itâs only 80% right. Obviously with brain surgery that should not be the case.Interviewer: Thank you very much Nicolas. And as Nicolas said, sharing is caring. So what do you do with this video? Thanks.
Friday, May 22, 2020
Business Bus 616 International Business - 2757 Words
BUS 616 ââ¬â International Business Final Project [Studentââ¬â¢s Name] Ashford University Date Table of Contents Culture of the Coca Cola Company 3 Ethics in international dealings 4 COCA COLA market entry 5 Licensing 5 Foreign Direct Investment 6 Joint ventures 7 Accounting practices 7 Strategic positioning of COCA COLA Company 8 COCA COLA international marketing strategy 9 The organization uses the B2C internet marketing technique. 9 Strategic position 10 Conclusion 11 References 13 Introduction Coca Cola is an international organization which is operating in more than 400 countries. It deals in the beverage industry and is leading the industry for years. Coca Cola is a competing brand, which has made its place in the market competing against several brands. Coca Cola is considered as the leading brand and is ranked as number 1 international brand, according to the ranking of 2011. Coca Cola deal in the beverage industry and provides people with several products. It is a well-known name and people all around the world knows about it. Headquarters of Coca Cola is in Atlanta, and the company has been operating for more than 126 years (Wise and Baumgartner, 1999). In 1886, the company was formed and since then it has been serving millions of people around the globe. Coca Cola is the lead brand of Coca Cola Company, which is the greatest reason of its recognition. Despite many competitors like Pepsi Co, the company has been able to maintain its position in theShow MoreRelatedBus 600 Strategies For Competitive Advantage Essay1816 Words à |à 8 Pages ANALYSIS OF FRANCESCAââ¬â¢S HOLDING CORP. Ellie Nguyen (Nguyen Thi Thanh Nguyen) Student ID: 002282751 BUS 600 Strategies for Competitive Advantage The George L. Argyros School of Business Economics Chapman University ââ¬Æ' Introduction Francescaââ¬â¢s is a 16-year-old specialty retailer chain in the United States. They currently have more than 616 brock-and-mortar boutique stores in 47 states and an online boutique site (Francescaââ¬â¢s 10k, 2015). Their stores sell up-scale clothing, jewelry, accessoriesRead MoreHotel Feasibility Study Report5891 Words à |à 24 Pageswidely used among todayââ¬â¢s business operators. A good feasibility study report could provide the ownerââ¬â¢s rich details of the current, future and potential market and various details on the preferences and the demographic knowledge of their consumer forces. Feasibility study report also provides the knowledge of the competitors and limitations from the government police. 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Sunday, May 10, 2020
The Spanish American War During The 19th Century - 1391 Words
At the end of the 19th century the Spanish-American War was fought between the United States, and Spain. The war started a new beginning for three nations, the United States, Cuba and Spain. At the end of the war an empire would fall and new one would be created and Cuba would become an independent nation. Though battles were fought all over the world the war itself was mostly about Cuban Independence. During the latter half of 19th century Cuba was under the control of Spain. ââ¬Å"Cuba, Spainââ¬â¢s oldest large colony in the New World, was still its proudest possessionâ⬠(Somerlott, 2002) the quick destruction of Spanish forces ended there rule in the New World and allowed the US to become an empire. Also it allows the speedâ⬠¦show more contentâ⬠¦He was soon arrested and tried for treason and later excelled to Spain. ââ¬Å"He had served six years at hard labor in a rock quarry in Cuba and Spain as punishmentâ⬠(Jeffers, 1996) In 1881 Marti was back in t he US writing with newspapers on the injustices that were going on in Latin America. Unfortunately he soon realized the only way independence from Spain was to come was thought war. After aligning himself with militants 1884 he began the overthrow of the government. In 1894 Marti and a small group of insurgents landed on the island of Cuba. After a brief struggle Marti was killed. ââ¬Å"On May 20, near the little town of Dos Rios, Jose Marti took a Spanish bullet through the heartâ⬠(Jeffers, 1996) His sacrifice would galvanized a nation for independence and soon they look to the US for help. ââ¬Å"In 1895 after decades of futile revolt, a simmering Cuba erupted into a full-scale war for independence, Spanish reaction was swift and brutalâ⬠(Somerlott, 2002) On February 15, 1898 the USS Maine a battleship sent to Cuba with the purpose of escorting and protecting Americans mysteriously exploded Havana harbor. The ship sank with the loss of 260 Sailors. The American pr ess wanting war stoked the fires of hate across the nation. Using unproven accusations of sabotage at Spain war was inevitable. ââ¬Å"The explosion which destroyed the Maine was the
Wednesday, May 6, 2020
Song of Roland Free Essays
The textbook displays Charlemagne as an astounding and great military leader but examines a few of his flaws as well. The Song of Roland creates the image of Charlemagne that is an extraordinary, legendary leader. They both tell about what great things he accomplished in his life, the many wars he won and how his bravery carried him through everything. We will write a custom essay sample on Song of Roland or any similar topic only for you Order Now The Song of Roland praised him in such a legendary way to create the impression of a heroic leader. By doing this it establishes a strong positive view of the Frankish Empire. In the ninth chapter of the Making of the West, the authors describe the Carolingian king, Charlemagne and the various views of his life that historians have. While admiring his greatness the authors analyze a few negatives about Charlemagne. For example, he liked the Pope but hated that the Pope crowned him emperor. He liked being king and calling himself king but at first didnââ¬â¢t want the title of Emperor. Another criticism to Charlemagneââ¬â¢s great work as a military leader is that he did all of his work winning wars and conquering lands that he destroyed the states surrounding his original empire and gaining control of them but by doing that, he lost his buffer. So soon after all the wars were finally over for Charlemagne, hew invasions started occurring on the borders of his new kingdoms. One more concern historians claim he did was what he had done when he arrived at the Saragossa Town after the winning the war with the Saxons. Apparently when he got to the city, the citizens were resisting conversion to Christianity and he wasnââ¬â¢t happy about it. He forced mass conversion of the Muslim citizens with the threat of his sword. This act goes against the whole idea of Christianity to be accepting of other faiths and tolerant of them. These examples only demonstrate a few criticisms to Charlemagneââ¬â¢s leadership but still explain that he was a great emperor overall. The Song of Roland describes Charlemagne as an amazing military leader. He had Counts and Bishops in charge of leading wars to gain lands for the Franks in every direction and he was successful in doing so. He was a very emotional man, he wept over the deaths of fellow comrades and warriors, friends and relatives. Charlemagne was also a spiritual man in that he prayed everyday and asked for God to protect the bodies of the fallen soldiers and keep them safe. The angel St. Gabriel came down to him many times to give Charlemagne advice or to encourage him to continue his missions and to fight. He fought with courage and bravery, he was afraid of nothing. After his victory against Emir, he still felt the need to serve God and all his kingdom respected him for that and obeyed his power. Charlemagne is described as a courageous, spiritual, loyal and extraordinary emperor and leader full of pride for his kingdom. All of the words Charlemagne can be indentified with help bring about the view of the Frankish Empire. Because of the things Charlemagne did and more importantly they way he went about them, the Frankish kingdoms were viewed as prestigious and in control. They gave off the impression of high power and other kingdoms were going to have a challenge if they wanted to fight the Franks. The Making of the West textbook and the book The Song of Roland discuss how great Charlemagne was and how what he did made a difference in the view of the Frankish Empire. Although he had some flaws or contradictory actions, he was still an astounding emperor. He expanded his kingdoms and defeated many enemies. He had become a heroic military leader for the Franks and the Frankish Empire. How to cite Song of Roland, Papers
Wednesday, April 29, 2020
Ivan The Terrable Essays - Rurik Dynasty, Rurikids,
Ivan The Terrable Ivan the Terrible Ivan the Terrible was a cruel tyrant, who never knew the meaning of moderation; He drank too much, laughed too loudly and hated and loved too fiercely. And he never forgot anything. Ivan was definitely smart and despite his cruelty, his reign is known as one of the greatest rules in Russian history. In Russia Ivan was called Grozny, which has always been translated to the terrible, but actually means the awesome. Born in 1530, Ivan was only three when he inherited the Russian throne following his father's death. At the age of seven, tragedy struck again when nobles of his court poisoned his mother. By his early teens, he was already displaying some of his uglier traits. He would throw live animals from towers and appeared to derive pleasure from doing so. Ivan was crowned Russia's first Tsar at the age of 17. Three weeks later he married, having chosen his bride in a national virgin competition. Virgins over the age of twelve were brought to the Kremlin to be paraded before him. He chose Anastasia, the daughter of a minor noble, and their marriage proved to be a very close one. Ivan had huge ambitions for his new Imperial dynasty. He launched a holy war against Russia's traditional enemy, the Tartars. Showing no mercy to these Muslim people Ivan's conquest of Kazan, and later Astrakhan and Siberia, gave birth to a sixteenth century personality cult glorifying him as the Orthodox crusader. His wife Anastasia helped to hold his cruelty back but in 1560 she died. He accused his nobles of poisoning her, and became even more mentally unstable. Recent studies have shown that there was over ten times the normal amount of mercury in her hair showing that she was murdered. He set up a bodyguard that has been described as Russia's first 'secret police' (the Oprichniki) as a religious brotherhood sworn to protecting God's Tsar. In reality, they became marauding thugs, ready to commit any crime in the Tsar's name. Ivan sentenced thousands to internal exile in far off parts of the empire. Others were condemned to death their families and servants often killed as well. Ivan would give detailed orders about the executions, using biblically inspired tortures to reconstruct the sufferings of hell. More than 3,000 people were killed in Ivan's attack on Novgorod during Livonian War. In a fit of rage, Ivan struck his son and heir dead with his staff. Mad with sorrow and guilt, he had a dramatic volte face, posthumously forgiving all those he'd executed and paying for prayers to be said for their souls. Before his death, Ivan was re-christened as the monk Jonah and buried in his monk's habit. In the hope of finding ultimate forgiveness. After note Ivan's achievements were many. He forced Russia into Europe. The prolonged and unsuccessful Livonian War overextended the state's resources and helped bring Russia to the verge of economic collapse. These factors, together with Tatar incursions, resulted in the depopulation of a number of Russian provinces by the time of Ivan's death in 1584. Nevertheless, he left Russia far more centralized both administratively and culturally than it had been previously. Ivan encouraged Russia's cultural development, especially through printing. He himself wrote well, most his surviving writings are mainly political, his choice of words and his biting sarcasm were very unprofessional. History
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