Understanding of the Concepts of Demand & Supply Model & Elasticity

Question 1-The market framework is supposed to be founded on personal circumstance. Show and clarify what you comprehend by this announcement? Answer - The market framework and the personal circumstance: The market economy is supposed to be an economy where the people are the proprietors of the capital, land and work. In the market economy two significant elements assume an incredible job and those are, rivalry and he personal circumstance. The personal responsibility is supposed to be the enthusiasm through which the economy can acquire the best advantages identified with the economy. As per the view Adam Smith, the economy can be profited through the personal circumstance without having any sort of plan for making the products and ventures and the personal responsibility then again give advantages to both the shoppers and to the makers (Koppl, 2004). There are likely different reasons are available for accomplishing a specific work or creating something for the economy in any case, the primary purpose behind delivering something or accomplishing a specific work is the personal circumstance of the individuals. Most of the monetary exercises which are seen in the general public are d one chiefly because of the explanation of personal responsibility. Personal responsibility isn't the kindheartedness of the maker that the maker is creating merchandise for us at the same time, it is simply the makers enthusiasm for which the individuals are getting the delivered items. Looking for the objectives is known as the personal circumstance in the economy and it very well may be said that the whole market framework relies upon the personal responsibility (Cassidy, 2009). Question 2-State what befalls The interest, flexibly and balance cost and amount? Answer - The interest, gracefully and balance a. The wheat advertise In the event that, the interest for wheat is expanded in the market then the interest bend for wheat will be moved towards the rightward condition. For this situation, the general interest for wheat has been expanded and here the amount interest for wheat isn't thought of. The general market interest for wheat has expanded and accordingly the interest bend will move towards rightward course. Fig: The move of interest Source: Author From, the above graph it very well may be expressed that the underlying purpose of harmony was at E0 and the underlying value level in the market was P0. The total flexibly bend ss, cuts the total interest bend dd, in a similar harmony point which is E0. The market has watched an interest rise and in this manner the interest bend will be moved from dd to dd1. The moved interest bend can create more elevated level amount and in this manner the cost level will be expanded in the short run. The new balance is arranged at point E1. In the new balance point the amount request will be Q1 and the value level will be P1 (Carl, 2012). b. The fleece showcase The fleece advertise has no immediate association with the market of wheat and therefore the expansion in the interest of the wheat market won't influence the market of fleece. The harmony cost and amount in the fleece market will be stayed same significantly after the adjustments popular in the wheat showcase (Norman, Thisse and Phlips, 2000). Source: Author The harmony cost and amount will be comparable significantly after the expansion in the interest of wheat and accordingly the cost and amount are P and Q. c. The market of tractor and the hardware for ranch The market of tractors and the apparatuses for ranch will be required more and in this way the flexibly for these two items will increment when the interest for the wheat will increment. From, the figure it is seen that in the underlying harmony position the cost is p0 and the amount request is q0. At the point when the interest for wheat builds the flexibly for the tractors and the ranch apparatuses will likewise increment and therefore there will be a rightward move of the gracefully bend. The rightward move in the gracefully bend will give another harmony where the balance value level will be p1 and the balance amount level will be q1. d. The vehicle showcase The vehicle showcase is an extravagance advertise and the interest of wheat would not influence a great deal to the vehicle showcase and the customers take delayed time while taking the choice with respect to the acquisition of vehicle. Source: Author The vehicle showcase balance will be stayed similarly situated considerably after the ascent in the wheat request. Question 3-Show how an information on value versatility of interest can be use? Answer - Value flexibility of interest is utilized in different manners by the business firms and the administration bodies which are clarified beneath with model: I. utilization of value flexibility by business firms The business firms can utilize the idea of value flexible of interest in light of the fact that; the reaction towards value change of every product isn't same in the market. While expanding the income of the firm can build the cost of the items and particularly, before expanding the cost of the items the business firms need to do statistical surveying in regards to the idea of interest of every item in the item blend (Klein, 1983). The business firms can raise the cost of those items which are cost inelastic in nature. For instance, the important products or the merchandise which have high brand esteem are moderately inelastic in nature. Cost inelastic alludes that, the in responsiveness of the interest of the item because of the adjustment in cost. The business firms together can raise the cost of fundamental food grains for a model if the administration mediation won't be there. Source: Author From, the above figure it is seen that for the items which are generally cost inelastic in nature don't react well towards the adjustments in the costs. An expansion in the tremendous measure of costs from p0 to p1 drives a decrease of modest quantity of amount from q0 to q1(Norman, etal, 2000). ii. Government while definition of the approaches The destinations of the legislature for encircling the approaches are to make sure about the social government assistance and furthermore to augment the incomes by gathering charges. Government for the most part forces the expenses on the extravagance things and lessens the charges for the fundamental things. The essential products are the impulse utilization for the mass and to make sure about the social government assistance the legislature must ensure the family units by decreasing charges on the necessities (Tellis, 1988). For the extravagance utilization as the utilization is simply value flexible in nature and the shoppers can expend those things when they have overabundance cash close by, the administration acquires income by forcing higher measure of expenses. Fig: value versatility Source: Author For instance, the utilization of the extravagance watches is the liable to burden inconvenience by the legislature and the utilization of the watches is the value versatile in nature. From, the above figure it is comprehended that the little increment in cost of the watches has lead to high diminish in utilization from q1 to q0 (Tellis, 1988). Reference Cassidy, J. (2009). How markets fall flat. New York: Farrar, Straus and Giroux. Koppl, R. (2004). Developmental brain research and monetary hypothesis. Amsterdam: Elsevier JAI. Carl, S. (2012). Market Structure. Delhi: Orange Apple. Norman, G., Thisse, J. what's more, Phlips, L. (2000). Market structure and rivalry strategy. Oxford, UK: Cambridge University Press. Klein, L. (1983). The financial aspects of flexibly and request. Baltimore, Md.: Johns Hopkins University Press. Norman, G., Thisse, J. furthermore, Phlips, L. (2000). Market structure and rivalry strategy. Oxford, UK: Cambridge University Press. Tellis, G. (1988). The value versatility of specific interest. Cambridge, MA: Marketing Science Institute. Ayers, J. also, Odegaard, M. (2008).Retail gracefully chain the executives. Boca Raton, FL: Auerbach Publications. Daly, A. furthermore, Gale, H. (1974).Elasticity of interest for open vehicle. [Reading]: Local Government Operational Research Unit, Royal Institute of Public Administration. Dreessen, E. (1972).Elasticity of interest for work. Lewis, P. (1998).The flexibility of interest for work. Murdoch, W.A.: Murdoch University. Place for Labor Market Research. Lydall, H. (1998).A investigate of universal financial aspects. New York: St. Martin's Press. Mizen, P. (1994).Buffer stock models and the interest for cash. Basingstoke, Hampshire: Macmillan. Ringel, J. (2002).The flexibility of interest for medicinal services. Santa Clause Monica, Calif.: RAND. Sharples, J. (1982).The short-run flexibility of interest for U.S. wheat trades. [Washington, D.C.?]: Trade Policy Branch, International Economics Division, Economic Research Service, U.S. Dept. of Agriculture in participation with Dept. of Agricultural Economics, Purdue University.

summary of totalitarian essays

synopsis of extremist papers Despotism is the possibility that all movements, buisness, thought, religion, are directed by the state or the decision high ground that controlls the individuals. It centers around the more established thoughts of tyanny, absolutism, and numerous others things that were seen preceding the breakout of this mindstate in the twentieth century. Be that as it may, in these more seasoned frameworks of absolutism or tyanny individuals could have their individual idea, as long as it didnt relate to legislative issues or get the opportunity of harming the ruler. In the cutting edge authoritarian framework the individuals are compelled to be totally dependant on the rulers and his partys wishes. In past extremist like types of government, it was typically a ruler, or administering family which controlled the individuals, and somewhat. In these later extremist occasions theyre administered by a tyrant and his gathering, which is regularly most of the more grounded political figures in the territory. Since forever, government and prevalent attitude has consistently administered over the everyday citizens and the principles these individuals live by. During the medieval times with the Catholic Church, the promulgation and the practically sleep inducing programming of the individuals of Germany under Hitlers rule, Stalins iron clench hand over a weak Russian people groups are all instances of the extremist spot at the top of the priority list these individuals or foundations had. Individuals are regularly sheep, yet much of the time the shepards set the pooches on the ... <!

Globalization Essay Topics

Globalization Essay TopicsThere are a number of globalization essay topics available on the Internet. However, as with all topics, you have to decide what it is that you are trying to convey. By doing this you will be able to find the best essay topics and ultimately get a good grade.One of the best essay topics for students to use is the global economy. This essay is one that gives students an opportunity to discuss topics such as the global economic situation, comparative and traditional economies, international trade, and international investment. Students will also be able to explore the politics of globalization. By giving a student a global perspective on their work they can come to a better understanding of how the world works and can become more aware of how globalization is impacting their world.Many students find that by starting their studies of globalization in school, they end up being very concerned about their global environment. In this case, one of the great essay to pics for them to write about is natural resources. These are basically the things that a person can use in order to survive in a world where every aspect of life is affected by the environment, and all of this is because of the global economy.One of the best essay topics for students to use on the global economy is something that relates to trade. With the economy of the world being the main topic for most students, students are not really sure what trade is. By including a global perspective into your study of trade, students will be able to better understand how trade affects their own lives. They will be able to create an understanding of how important it is to understand global trade so that they can help in the preservation of world resources.Another one of the great essay topics for globalization is world politics. Whether or not you are an American or European, there are many people in the world who are affected by the political situations of countries around the world. Stude nts will find that it is very easy to relate to their country if they write about their political views. In addition, these essays will help students understand how world politics have changed the way that the economy has changed.Writing about globalization is much like writing about international issues. Therefore, a very good idea for essay topics is some type of investigation. Students can choose to investigate topics such as the environment, racism, conflicts between religion and politics, nationalism, ethnic and religious minorities, and other global issues. By choosing this as one of the essay topics students can really learn a lot about these issues and how they relate to their own society.Finally, one of the best essay topics that students can use to help them understand the global environment is micro and macro economics. While these two topics will help students understand global issues in a very important way, they will also help students understand what globalization is and how the economics of the world actually affect each other. By learning about the micro and macro economy students will be able to better appreciate the way that globalization has influenced their lives and, perhaps, even change their lives for the better.With the help of your instructor, you should be able to decide which essay topics will work best for you. After all, each student is unique and there are going to be students who will be interested in global issues while others will be more interested in understanding the global economy. By picking a topic that you are interested in and understanding it well, you will be better able to make the best choice when choosing the perfect essay topic for you.

Looking For A Creative Project - 1190 Words

Are you looking for a creative project that s fun, easy and fairly quick? Tie dying is a great activity for the whole family! The wonderful thing about tie dye is that you can t really mess it up and anyone can do it. Here are the things you ll need to gather before getting started: Fabric to dye. You can dye t-shirts, bandannas, shorts, socks, underwear...whatever you d like, as long as your fabric is 100% cotton, rayon, or other natural fiber, otherwise the dye won t hold. Inexpensive cotton t-shirts are perfect for beginners. You should pre-wash them to remove any finishes on the cloth that might interfere with the dying process. Dye to color your fabric. The three primary colors for tie dye are fuchsia, yellow and turquoise. Other colors can be achieved by mixing two or three of these together, for example, fuchsia and yellow will give you orange. You can buy individual supplies but if this is your first time dying, I recommend a tie dye kit. You can get them in most stores that offer craft supplies or order them online. I ve used the Tulip Dye Kits for birthday parties and the shirts turned out beautifully. My dyes of choice however, are Procion MX dyes. You can order kits online through stores such as Dharma Trading Company. I do not recommend using RI T dyes. I ve found them to be very messy and the colors run and fade quickly. Soda ash to pre-soak your shirts in. Some kits have it included. If not, you can find soda ash, (aka sodium carbonate); atShow MoreRelatedGraphic Design : What Is It?1005 Words   |  5 Pagesa visual and textual way. Graphic design, in short, is the technical term of designing a logo, signage or poster by including images, words, animations and graphic forms. Designers take up projects of small and large scale. While a small scale project involves logo designing and creating signage, a large project make include anything like designing a commercial or creating a physical content with graphics for a international forum. Graphic designing also include animation work, which is hugely popularRead MoreThe Effect Of Creativity On The Classroom1524 Words   |  7 PagesOverall I really enjoyed Elliott’s arguments about creativity, I found it very easy to read and helped open my eyes on the use of creati vity in the classroom. The creative philosophy that Elliott outlines in this chapter was incredibly helpful. I have always thought of the creative aspect in a classroom as being a compositional project, or improvisation and Elliott’s disapproval of that thought process has cleared some questions I had. There are so many possibilities to involve creativity in theRead MoreOther Crowdfunding Sites1365 Words   |  5 Pagesflexibility that they allow their customers, they have garnered an international following and are now one of the leading sites for crowdfunding activities. Kickstarter Kickstarter is a donation based site whose projects are more on the creative side of things. They prefer creative projects like art shows, selling of music albums etc. they shun away from businesses, charities, causes and other activities like personal funding. Their platform has experiences growth since its establishment since theyRead MoreCharacteristics Of A Servant Leader844 Words   |  4 PagesOne of the traits of servant leadership is looking outside the organization and creating value for the community. True servant leaders will take their leadership role outside the workplace. In our role as leaders, we can bring in the community to foster other servant leadership behaviors. By understanding and conceptualizing, we know what to look for in the community. Then by healing and putting our followers first, we know what each individual needs and where that can be found in the communityRead MoreAn Architect As A Future Career800 Words   |  4 Pagesinvestigative and this so mewhat matches it because I guess this job could involve some of that because all the new stuff you learn from it but it s more of a creative job, which was my second highest one. It’s more of a creative job because you re building things and drawing and you need to be very creative to do that (which I am) and you need to be creative because this job requires a lot of thinking. When you build the models you need to think about all kinds of things like is it safe, is it built rightRead MoreThe Importance Of Creative Writing1694 Words   |  7 Pageswith the world? Creative writing is the process of doing just that. For my MYP project, I created multiple stories in order to reach my goal of doing just that. Throughout the entire process of this project, I have researched and gone through many difficulties while working on this project. Creative writing is something that not only is used to create worlds but can be used to express emotions as well. First is the process of my project itself. What inspired me to do this project is my overall loveRead MoreEssay about My Personal Strengths and Weaknesses for a Career725 Words   |  3 PagesClass, It is vital when looking for a new job or career that you know what skills and qualities you have. Knowing what you can or cannot do will alter what employers and positions there are for you. Throughout my higher education at Full Sail University, I have been able to overcome weaknesses that I have and raised other strengths beyond what I thought I could. Matching what you are good at and not so good at can help shape what your life path will be. Looking deeper into my personal capabilitiesRead MoreCompetency : Managing Stress And Stress Management1657 Words   |  7 Pagesstress. Often, I find myself feeling anxious about working with others, especially within group projects where I am not familiar with the work style of my teammates. As such, encounter stressors negatively affect my ability to focus on the task at hand. For example, I grew increasingly worried about the cohesiveness of my group because we needed to collect materials, figure out times to meet and film the proj ect. When stressed, I tend to act moody around others and panic over the amount of work I haveRead MoreEssay about A Career in Graphic Arts1186 Words   |  5 PagesA Career in Graphic Arts A career in graphic design is perfect for a creative individual who has a sense of design. A graphic designer is one who creates ideas that are expressed in words and/or pictures, and generally solves problems of visual communication, says Paul Rand, a professional designer (23). Employment in this profession is projected to increase 29% by the year 2006, which is the highest of any career according to a study done by the American Institute of the Graphic Arts (3)Read MoreEssay On Funding901 Words   |  4 PagesCreative Ways Churches Can Gain Funding for Projects (working title) Felicia Jordan INTRO Allocating funding and obtaining the cash flow necessary to keep up with the changing and growing demands of running a church can be difficult. It’s not easy gathering the funding necessary to swap your church van out for a much safer bus, repairing the roof on the chapel, or upgrading the audio-visual equipment to help enhance services and attract new membership. That money has to come from somewhere.

Hinduism - One of the Oldest of all Living Religions - Free Essay Example

Sample details Pages: 5 Words: 1598 Downloads: 4 Date added: 2019/07/29 Category Religion Essay Level High school Tags: Hinduism Essay Did you like this example? It originated almost four thousand years ago (1500 BC). Hinduism got its name from Aryans, who lived on the eastern bank of river Indus. They introduced the first elaborative concept. Don’t waste time! Our writers will create an original "Hinduism One of the Oldest of all Living Religions" essay for you Create order Hinduism does not have one single, historical founder or a particular date of origin. As mentioned in The Worlds Wisdom by Philip Novak, they believe that Vedas, the most authoritative primary sacred texts of this religion, are the oldest in the world and are a revelation from god. Later came the Upanishads. They are chronologically the last portion and spiritually the highest teachings of Vedas and are also known as Vedanta. The Upanishadic period is believed to be the most creative period of Indian philosophy, because it gave us new concepts regarding karma and reincarnation. Hinduism, being one of the oldest religion of time discusses about major aspects of this religion, it focuses on worshipping many deities, ideology and they also have rich holy scriptures which has a great influence on the world. Hindus worship different deities for different purposes. Like they worship Kuber for wealth, Goddess Sarasvati for Knowledge, Vishnu for prosperity and so on. They also believe in one supreme god which is the Atman, stated by Philip Novak. He is supreme, one, eternal, omnipotent which has all power and all doer, omniscient. He is full of divine virtues and devoid of Maya. He also takes birth in a human and other forms on earth to liberate souls and destroy evil, and he is worshipped in many manifestations like Rama, Krishna, Shiva and others. There is also a belief that he is formless. They also worship the life supporting elements of nature like the sun, earth, fire, and moon. The Purans mentions that there are 330 million devas. Brahma, Vishnu and Shiva are the supreme gods. This triumvirate is believed for, Brahma as the creator, Vishnu as the preserver and Shiva as the destroyer in order to create it again. Shiva is also known as a form of OM, which is a sound of the real, mentio ned by Philip Novak. Hinduism consists of very rich scriptures, namely Vedas, Upanishads, The Bhagwat Gita, The Ramayana and The Mahabharata. The Mahabharata is considered as one of the longest epic in the world which is in form of poems. It consists of 1.8 million words, which makes it half as compared to the Ramayana. Mahabharata is based on the Kurukshetra war between Kauravas and Pandava. In this war, Arjuna, one of the Pandava was reluctant to fight as he was fighting against his cousins, grandfather and many relatives. He gets overwhelmed with grief and decides not to fight against them. His chariot was driven by Lord Krishna. When Krishna came to know that Arjuna does not want to fight he comes in his divine form to tell Arjuna that in the battle ground you have to do your duty, even if you are fighting against your own people. There is nothing wrong to kill them as a soul is never born and it never dies, and he should let go his feelings and give his duty a priority. The commentary between Arjuna and Lord Krishna is being discussed in The Bhagwat Gita. Being the oldest scripture, it is not a religion or set of rules for people, instead it shows how our day to day life can become a spiritual practice and how one can lead his life free with sorrow, misery and guilt, how to live life in harmony with nature and in peace with others. It has been said that one can find answers regarding any question they have for god. In The Worlds Religion book by Huston Smith, there is a brief saying about Bhagwat Gita that whatever you do, do it without any attachment and selfishness. As claimed by Philip Novak, karma is the central teaching of Gita. Another great Indian epic was The Ramayana. Ramayana was written by priest Valmiki, it narrates the story of the struggle king Ram faced to rescue his wife Sita, who was kidnapped by a demon Ravana. King Rama was told to live in forest for 14 years by his father Dasharatha. Ram followed his decision. But his wife Sita did not wanted him to go alon e, thus accompanied him for 14 years of living in a forest. One day Rama went out in search of food, meanwhile Sita got kidnapped by a demon Ravana. Ravana always liked Sita before she got married to Rama. On coming back to that place Rama did not find Sita and got worried. In time being he got to know that she was with a demon who lived across a river. Rama being a god, made a bridge and along with his whole bunch of people went to rescue Sita. Ravana was ten head demon, he was very powerful but in the war Rama won and rescued Sita. The main idea of this episode is that good always triumphs, no matter how powerful bad is. One should always be good and true to his self. Ramayana and Mahabharat both are rich example of Hindu philosophy. They both teaches us different aspects which are very useful in our day to day life. Hindus had a caste system from the Vedic period. It is a social classification system determined on the Karmas of people. The four classes consisted of the priests or teachers, rulers and protectors, merchants, businessman and farmers, and servants. You are what you are born in the caste. Whereas in caste system there is no scope for moving from one caste to another because it is birth-based. Hindu have a concept of four endeavors of life. As in The Worlds Wisdom, namely they are Dharma (righteousness), Artha (wealth acquired through right ways), Kama (fulfilling ones worldly desires within disciplines of dharma), Moksha (liberation from material desires and cycle of births and deaths) which is the ultimate goals for Hindu Incarnation. Hinduism is a religion which does not stand by any authority figure, instead the ultimate source of authority for Hindus is Vedas. Yet there are some inspirational figures which have left a huge contribution to the Hindus. Some of them are Mahatma Gandhi, Mother Teresa, Ramakrishna, Swami Vivekananda. Out of which. Swami Vivekananda, a Hindu monk, a social worker, a patriotic saint, and also known as a disciple of Ramakrishna, was the most influential person in India as well as United States. He introduced yoga and Indian philosophical Vedas to modern India. Philip Novak, tells us the importance of yoga and methods and benefits yoga does. He was the first to attend and present Hinduism to the world at The Parliament of religions held in Chicago in 1893. He left Hindus with some teachings and quotes such as, you can not believe in god until you believe in yourself. This quote makes us think that the power is within us and nowhere outside. So believe in god who is within you in form of Atman. Hindu rituals are mainly associated with mandir, festivals, auspicious occasions and ceremonies. Some of them have deep spiritual meaning. Some of them are Holi, Diwali, Kumbhmela, Navratri and so on. Holi is known as festival of colors. They celebrate it with an idea that all colors when mixed together forms a different color and that is of peace and unity. Same way all of the people should be united and there will be peace in the world. Diwali is the new year for Hindus. They celebrate it with all family members and relatives by greeting each other a happy new year. Kumbhmela is a huge ceremony, where thousands of people gather and dive into a holy mother river called Ganga. They do worship Ganga as mother goddess. They feel purified, and a bliss of liberation after diving in the river. Many monks perform chants of holy words on the banks of river Ganga. The vibration of this festival is so holy and positive, that everyone feels connect to god in some way. They chant OM in this occ asion. It is used as a universal symbol of Hinduism. The mantra OM consists of A, U, M. The three letters symbolizes three states, waking consciousness, dreaming consciousness and sleeping consciousness, which is also described by Philip Novak. The entire essence of the Vedas is enshrined in OM. It has been scientifically proven that regular chanting of OM improves breathing, calms the mind and elevates one spiritually. Hindus believe in reincarnation (transmigration of souls) (by Philip Novak) and Moksha. The concept of Karma was introduced by Hindus. Karma means whatever action we do or think. They think our past karmas are responsible for our present existence and our present existence will shape our future existence. If the person succeeds in doing good karma throughout his life, she/he can get liberated, which means they get freedom from the cycle of births and deaths. Rebirth is necessary for the souls spiritual elevation. If perfection or self-realization may not be achieved in one birth. They believe that soul is never born and never dies. It just transfers from one body to another by reincarnation. Hinduism is originated from India and it is been performed by majority of the people in India. It is the ancient religion. This religion is blessed with rich scriptures such as Vedas and Upanishads. They celebrate festivals with great enthusiasm and happiness with an aim of having unity amongst the people. Hinduism also contributed with the concept of Karma, Yoga and Reincarnation, to the world. In conclusion, Hinduism has affected in a good way to the people and the place where it is performed.

The Hispanic Challenge - 3215 Words

Abstract There are more more immigrants coming to the US from Latinamerica and the American people are feeling threateend by them. They are afraid they will become a minority very soon. This assignment deals with †The Hispanic Challenge† illuminated through Samuel P. Huntingtons article, short stories and a census. †I See You Never† by Ray Bradbry and †Caramelo†, †Mexico Next Right† by Sandra Cisneros have been used to show how the situation is for the Hispanics in the US, mostly the Mexicans. At first there has been given an account on what Huntington is describing in his article, how he has a very negative attitude towards Hispanics and thereafter the fiction texts have been analysed. The immigrant’s situation have been analysed†¦show more content†¦Tyskland dengang sidst i 1800-tallet og starten af 1900-tallet hvor det var dem der var en overflod af i landet. De kom med store skibe hvor de havde sidder utrolig tà ¦t og hà ¸jst sandsynligt ogsà ¥ var blevet syge. Nu da de var kommet til landet skulle de jo fà ¸rst registreres, sà ¥ de mà ¥tte lige fà ¥ lov at vente pà ¥ en lille à ¸ uden for New York til det blev deres tur , hvilket nogengange kunne tage flere dage. Mexicanerne har bare en 3.218,69 kilometer lang grà ¦nse der er markeret med en lavvandet flod og en historisk afsat linie. Fordi Mexico og USA ligger lige op ad hinanden, er det ogsà ¥ nemmere for Mexicanerne at tage beslutningen om at flytte til USA, fordi de stadig ville kunne se hinanden nogenlunde sà ¥ tit de har lyst og fà ¸lge med i hvad der sker i deres hjemland. Det andet omrà ¥de, mà ¥lestoksforhold, behandler de forskellige forhold mellem immigranter. Han prà ¸ver at vise at den er helt gal nu til dags med alle de indvandrere, isà ¦r nà ¥r det er fra samme land. Han fortà ¦ller at Mexicanske indvandre udgjorde hhv. 14, 23 og 25 procent af alt legal immigration i hhv. 1970, 1980 og 1990, hvilket ifà ¸lge Huntington er meget forskelligt fra tallene for de immigranter der kom fra Irland fra 1820 – 1860. I 2000 udgjorde Latinamerikanere cirka halvdelen af alle indvandrere iShow MoreRelatedEssay on Hispanics: English, Barriers, and Challenges1926 Words   |  8 PagesHow are Hispanics getting help with English and what obstacles or barriers are they facing? That is an extremely good question. Everyday, more and more Hispanics are making a move to the United States in hopes of a better life. The only problem is that many of them can not speak any English at all. Since the United States is basically an English speaking nation, it is important that Hispanics learn English to be able to adjust to life within the United States. But, that is easier said than doneRead MoreArticle Analysis: The Hispanic Challenge by Samuel Huntington1018 Words   |  4 PagesHispanic Challenge The United States is called a melting pot because in this one country, cultures and people from all over the world have converged to unify under one flag. Author Samuel Huntington writes in his article The Hispanic Challenge, that unlike other populations who have changed their identity when immigrating to the United States, many of the Mexican and other Latinos who have come to the country are not assimilating or modifying in order to fit in with the majority culture. FurtherRead MoreEssay on cultrual cultural deprivation the hispanic challenge699 Words   |  3 Pages Cultural Deprivation: The Hispanic Challenge nbsp;nbsp;nbsp;nbsp;nbsp;Why do some groups not succeed in academic settings? One theory brought up in â€Å"Understanding inequality† suggests that the gap in the socioeconomic status drives the inequalities in the school system. 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Tesla Motor Inc Analysis

Question: Write an essay on "Tesla Motor Inc". Answer: Introduction Tesla Motor Inc. has recently introduced energy efficient, battery powered electric vehicles in the United States of America and in some of the European Union countries. The Chief Executive Officer of the company aims to enter the Australian market with a promotional budget of one billion US dollar for projected sales of 20,000 units of Tesla vehicles in its first year entry in Australia. As a Tesla marketing manager the main aim of the report is to prepare a marketing plan for the Australian market for the year 2016-2017. The marketing plan includes the SWOT analysis, the pestel analysis, the marketing goals of the company and the marketing strategies. It also includes marketing mix and the competitor analysis. The marketing plan also includes competitor analysis, and positioning strategy. The main aim of preparing the report is to form a proper marketing plan so that the Tesla Motor company can achieve its target of selling 20,000 units of Tesla vehicles in Australia. It is essenti al for the organization to analyze the factors that will affect the companys product and market when it enters the Australian market. The main aim is to analyze the Australian market and understand the present scenario of the economy so that the company can have an idea about its sales and profit. The manager should analyze the behavior of the customer because they are the purchasers of the product. It is also essential to recognize the competitors that it has in the Australian market so that the manager can form strategies to overrule its competitors and create a unique brand name in the market. Marketing strategies includes various tools that the company can use and the main objective of forming a marketing strategy is to accomplish the goals and objectives of the firm (Mangram, 2012). Overview of the company Tesla Motor Inc. is an automotive industry that is based in America. It is an automotive and energy Storage Company that designs, manufactures and sells battery products, cars, electric power train and other electrical components. It is public company that operates under the government ownership and in the history in 2013 for the first time it accounted for profit. The company operates under the NASDAQ stock exchange under the symbol of TSLA. It has its headquarter in California and now is spread across 50 show rooms worldwide. It has its market in United States, Canada, Europe, Asia and Australia. The company at present introduces energy efficient, battery powered electric vehicles in the United States and European Union countries and plans to introduce the product in the Australian market as well. The company plans to sell 20,000 units of its product in the Australian market in the first year of its entry. It was founded in the year 2003 by a group of engineers in Silicon Valley. T he main objective of the company was to prove that the electric cars are better than the ones that run on petroleum and diesel as it is more eco friendly and efficient. It is Technology Company that intends to manufacture and design a product with innovation (Tesla Motors, 2016). Figure: Tesla Motor Inc. logo Marketing goals and objectives The main goal of the manager of Tesla Company is to develop new market for its product especially in Australian market. It objectives include establishing a proper distribution and promotion channel so that it is able to expand the social networking in the presence of the internet and web. It also aims at achieving the sales target that it has set within a year through proper marketing strategies and plans. The main target is to capture the major part of the Australian market share and create a unique brand name among its competitors. It also aims at targeting new customers and maximizing sales through increasing its sale and reducing its cost of production. The company believes in innovation and it aims at launching a new product in the market that is more efficient and eco friendly than the previous product. It aims to capture as many customers it can in the Australian market and spread the brand awareness. The company also plans to spend one billion US dollar in the promotion of i ts new product that it has already launched in United States of America and European Union. The aim and the goal of the company are to promote its product not only in domestic market but in international market as well to grab as many customers it can. The aim of the company is to increase customer satisfaction as well as employee satisfaction. The marketing objective of the firm is to launch the product in a well established market so that the firm does not have to face any loss. It includes a marketing strategy that is set by the manager of the company to achieve the overall organizational goals and objectives (Jobber Ellis-Chadwick 2012). Marketing strategies Marketing strategies are the promotional or the distribution plan that an organization uses to accomplish its goals and objectives. It includes the strategies that include the external and the internal factors that affect the business, the strengths and weaknesses of the firm and also the opportunities and threats that the company has. It also includes marketing segmentations where the Australian market will be divided into subsection based on target customers. The marketing strategies of Tesla Company include targeting the Australian customers to sell its targeted products of 20,000 units in a year. Marketing strategies also includes marketing goals and objectives. The marketing strategy of Tesla Company is different from the other automobile industries. The customer contact point of Tesla includes giving test drive to its customers, and it also allows the customers to book the desired cars online. The new product that it is planning to launch in Australian market should also be mad e online so that customers can order and but the car without any hassle situation (Liu et al., 2014). Pestle analysis It is essential for the industries to analyze the external factors that affect the business and the market of the product. Pestle analysis helps the company analyze the external macro environmental factors that affect the business and the market. It helps the company in expanding its business in Australian market and it is only possible when the managers know the factors that are likely to affect the business of locomotives in Australian market. It shows and illustrates the environmental factors that are likely to affect the business (Yksel, 2012). Figure: PESTLE Analysis Political factors- government of the economy greatly influence the business. Since Australia is a mixed economy government influences the economy. So it is essential for the company to analyze the tax structure and the government that influences the market before launching the product. Tesla Company should be aware of the political, factors that are influencing the market in order to avoid any difficulty that it is likely to face. Environmental protection law is the factor that is most likely to affect the business of Tesla when it launches its product in Australian market. Since the Australian market is politically stable the political factors are less likely to affect the market of the economy (Yksel, 2012). Economic factors- the economic factors that influence business are the changes in the interest rate, growth condition, GDP growth rate, price level and the employment rate. Economic growth in Australia depends on the service sector so it essential for the firm to realize and know the economic factors that are likely to affect the business and the market. To launch a new product in the new market it is essential for the firm to realize the interest rates or the tax rates that exist in the market. It is essential for the firm to also know the fuel and the electrical cost in the Australian market to launch the electrical car in Australian market (Yksel, 2012). Social factors- social factors that affect the business and the market are beliefs, values, customs, attitude, lifestyle, sex, demography and behavior. Customers behavior greatly influences the market and it is essential for the firms to realize the lifestyle of the Australian customers. The idea of having and launching electrical car that are energy efficient will reduce the environmental cost as it will not deplete the resources that it uses. Social status is also likely to affect the business in Australia because people judge each others status based on the type of car they own. Idea of having electric car improves the social status of people (Yksel, 2012). Technological factors- technology plays a great role in business specially the in the automotive industries. Technological advancement has helped the industry improve its product such as introduction of electric cars and computerization of cars has improved the business. Improvement in technologies and infrastructure is essential for the development of the automotive industry especially when it is planning to launch a product in new Australian market (Yksel, 2012). Environmental factors- various environmental factors play an important role in developing business. It is essential for the industries to develop a product that is eco friendly in nature and protecting environment has been a major challenge for the industry. Factors also affect the business. It is essential for the organization to make sure that the product that it is launching is eco friendly. The company has an added advantage because Australia is rich in its natural resources (Yksel, 2012). Legal factors- government policies such as environmental protection laws and rules also affect the business that the manager should keep in mind before launching any product. It is essential to identify that the company fulfills all the norms or not. Various green movements such as energy loan programs, also affects the business and the market for the product (Yksel, 2012). SWOT analysis Swot analysis is another form of marketing strategy that analyzes the strengths, weakness, opportunities and threats of the company. It is essential for the firm to analyze the strengths and the weaknesses that the company has and the opportunities and threats that it is likely to face. Figure: SWOT analysis Strengths- the main strengths of Tesla motors is that it is the special force so it recruits only the best personality in its company that is very efficient and productive. The company also developed the first fully electric sports car The Roadster due to which it has a strong brand name of automotive industries. It is also a strong supplier to other manufacturers like Toyota. The company has strong technological expertise in the area of electrical. The company also has ability to develop a new product completely in house (Ayub et al., 2013). Weaknesses- the production of good completely in house leads the cost of production to rise of the product. The prices of its products are higher than their competitors who sell engine powered vehicles. The company also indulges itself in selling only electric cars but people are still suspicious of the product. The company is just ten years old so it has limited operation history. The car industry is very competitive in nature so the profit of the firm is very fluctuating in nature. The demand for the locomotive is not high in Australia so it might not be able to sell the targeted products in the Australian market (Ayub et al., 2013). Opportunities- the opportunities that Tesla has are the support from the government that it gets. It also gets exemption from the government in form of duties and taxes because the company produces environmental friendly product globally. The world is running out of oil so the demand for the electric car that the company produces is likely to rise in future. Improvement in the quality control process of the company can reduce the cost of production that will increase the profit of the company (Ayub et al., 2013). Threats- the main threat that the company faces is from its competitors. The current business models make it difficult for the company to be able to produce, distribute and sell the cars. The pricing strategy of the industry of skimming is nit used in any other industry that increases the risk for the company. The main threat is from the competition. The electric car increases the tendency of accidents that leads to cause of fear among the customers. The electric cars are till expensive when compared to other cars that are likely to decrease the demand for it in near future (Ayub et al., 2013). Marketing mix Marketing mix another tool used in marketing planning that includes the four Ps such as price, product, place and promotion. It is a business tool used by the businesses and the managers in market to promote its products. Figure: marketing mix Price- price plays an essential role in the market because the demand for the product depends on the price. The company will set the price at the level where it is able to cover up the cost and that is affordable by customers. The company should not charge high price for the product that it is planning to launch in new Australian market. This will help the company attract more customers and will help in increasing the competitive advantage in the market (Hollensen, 2015). Promotion- since the firm is launching a product that is new in the market it is essential for customers to be aware of the product. Various promotion techniques can be used such as internet, social media, sales promotion, digital marketing and direct sales of the products. The company is ready to spend one billion dollars in the promotion techniques and methods. It means increasing customer awareness of the product or the grand that it is planning to launch (Hollensen, 2015). Place- - the place where the distribution of the product is Australia as well as the international market. It is an Australian based international company. Place is the distribution area. Headquarter of the company is in California where all the manufacturing and assembling takes place. The company distributes its products to various other places as well such as Europe, Australia, and Asia (Hollensen, 2015). Product- the company is involved in manufacturing many products such as automotives and energy efficient car. It is also involved in manufacturing and designing products that includes batteries and energy resources. The company has recently introduced energy efficient, battery powered electric vehicles in the United States of America and in some of the European Union countries. It is planning to launch the product in the Australian market recently (Hollensen, 2015). Market segmentation Market segmentation means division of market into section and subsections I order to form a proper target market to which the products will be sold. Market segmentation depends on the various factors such as geographical, demographical and environmental. The segment that the company will target in Australia will include people that are looking for electric premium cars and luxury cars. It will target the Australian market that is well developed. The customers that will be targeted are the ones who have high standard of living and are rich and affluent willing to spend more on vehicles. The company is positioned as pure electric drove but it is more of sporty and luxurious. Mainly the male members of the country will be targeted because they are the ones who are likely to buy the car. The customers who are eco friendly and care for the environment are the ones who are most likely to purchase the product (Cui Choudhury 2015). Positioning Positioning and branding strategy is another marketing tool used by companies to achieve its goals and targets. Positioning strategies is creating a unique position in the market. It includes competitor analysis. A proper strategy can help the company mitigate the ill effects of competition. Competitive advantage can be achieved by formulating a good marketing plan and targeting the customers who are not aware of the technology that it is going to launch. The main tagline of the company is burn rubber not gasoline it is an automobile sector that produces electric vehicles (Huang Sarigll 2012). Competitor analysis The automotive industry is highly competitive in the world. It is essential for the organization to analyze the strategies of its competitors in order to increase the competitive advantage. The major competitors of Tesla motor company are Chevrolet Volt, Toyota Prius, Honda Civic, Toyota Rav Hybrid and Smart car. The marketing strategies helps the firms achieve and create unique brand name in the Australian market. The main threat of the company is from its competitors. It is essential to analyze the strategies of its competitors before making any marketing strategy (Upson et al., 2012). Conclusion Hence it can be concluded that forming a good marketing plan is essential for the organization to achieve its goals and objectives. It helps in good coordination of the employees that helps in increasing the profit and increasing the brand awareness. It is essential for the Tesla motors to analyze the environment and market of Australia before launching any product in the Australian market. References Ayub, A., Razzaq, A., Aslam, M. S., Iftekhar, H. (2013). A conceptual framework on evaluating SWOT analysis as the mediator in strategic marketing planning through marketing intelligence.European Journal of Business and Social Sciences,2(1), 91-98. Cui, G., Choudhury, P. (2015). Effective strategies for ethnic segmentation and marketing. InProceedings of the 1998 Multicultural Marketing Conference(pp. 354-358). Springer International Publishing. De Mooij, M. (2013).Global Marketing and Advertising: Understanding Cultural Paradoxes: Understanding Cultural Paradoxes. 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