Blog Archive Explaining Your Contribution and Using School-Specific Info in MBA Application Essays

Blog Archive Explaining Your Contribution and Using School-Specific Info in MBA Application Essays Many business schools use their essay questions as an opportunity to ask about the unique contributions you will make to their particular program. Unfortunately, candidates often make the mistake of thinking that a bland summary statement like  â€œI will bring my leadership skills to XYZ School”  will sufficiently express their intended contribution. One reason we prefer to work with business school candidates “from start to finish” is so we can prevent such problems. Simply relating a story about a past experience and then repeating the main point does not demonstrate that you can or will make a meaningful contribution to the school. Ideally, you want to go further, explaining how you would apply and use your experience and skills while at the school in a way that would offer some benefit to others, thereby demonstrating a true understanding of your fit with that particular program. Example 1: “My experience as a stand-up comedian will allow me to bring humor to the Kellogg environment.” With this statement, the MBA admissions committee is left wondering, “How  exactly will this applicant bring humor to the environment? Does this person really know what our environment is about?” In contrast, consider our next example. Example 2: “My experience as a stand-up comic will prove particularly useful at Kellogg, a dynamic environment where I will be constantly joining new and energetic study teams. I anticipate using my sense of humor to create more relaxed team environments, helping everyone feel comfortable contributing, though I will use my humor judiciously, such as to diffuse tense moments during late-night study sessions, rather than as a distraction. I believe my skills and experience being funny on stage will also allow me to play an important role in the Kellogg Follies.” In this example, the writer has applied his/her personal experience and intended contribution directly to the Kellogg experience and has thereby shown a clear connection with the school, proving that the candidate truly identifies with it and accurately understands its nature. At times, candidates also tend to unintentionally describe their personal experience with a specific MBA program in a vague and general manner. Because they are writing from memory and discussing their authentic experience, they do not realize that they are not being specific enough. Consider the following example: “During my visit to Cornell Johnson, I was struck by the easygoing classroom discussion, the warmth of the professors, and the time spent by the first-year student who not only toured the facilities with me but also took me out for coffee and asked several of his colleagues to join us.” Although these statements may in fact be true, the text contains no Cornell-specific language. If the Yale School of Management, Michigan Ross, or the name of any other school were substituted for Cornell Johnson here, the statement would not otherwise change at all, resulting in a weak and generic essay. In contrast, the following statement could refer only to UVA Darden: “While on Grounds, I was impressed by Professor Robert Carraway’s  easygoing and humorous style as he facilitated a fast-paced discussion of the ‘George’s T-Shirts’ case. Although I admittedly felt dizzied by the class’s pace, I was comforted when I encountered several students reviewing the finer points of the case later at First Coffee. I was impressed when my first-year guide stopped mid-tour to check in with her learning teammate and reinforce the case’s central point. It was then I recognized that this was the right environment for me.” If you were to substitute the Darden name and even the professor’s name with those of another school and professor, the paragraph would no longer work. Including the Darden-specific information regarding the day’s case, First Coffee, and learning teams ensures that these sentences have a sincere and personal feel and shows that the candidate truly understands what the school is about. This is necessary to craft a compelling personal statement that will catch the admissions committee’s attention. Share ThisTweet Application Tips Essays Blog Archive Explaining Your Contribution and Using School-Specific Info in MBA Application Essays Many business schools use their essay questions as an opportunity to ask about the unique contributions you will make to their particular program. Unfortunately, candidates often make the mistake of thinking that a bland summary statement like  â€œI will bring my leadership skills to XYZ School”  will sufficiently express their intended contribution. One reason we prefer to work with business school candidates “from start to finish” is so we can prevent such problems. Simply relating a story about a past experience and then repeating the main point does not demonstrate that you can or will make a meaningful contribution to the school. Ideally, you want to go further, explaining how you would apply and use your experience and skills while at the school in a way that would offer some benefit to others, thereby demonstrating a true understanding of your fit with that particular program. Example 1: “My experience as a stand-up comedian will allow me to bring humor to the Kellogg environment.” With this statement, the MBA admissions committee is left wondering, “How  exactly will this applicant bring humor to the environment? Does this person really know what our environment is about?” In contrast, consider our next example. Example 2: “My experience as a stand-up comic will prove particularly useful at Kellogg, a dynamic environment where I will be constantly joining new and energetic study teams. I anticipate using my sense of humor to create more relaxed team environments, helping everyone feel comfortable contributing, though I will use my humor judiciously, such as to diffuse tense moments during late-night study sessions, rather than as a distraction. I believe my skills and experience being funny on stage will also allow me to play an important role in the Kellogg Follies.” In this example, the writer has applied his/her personal experience and intended contribution directly to the Kellogg experience and has thereby shown a clear connection with the school, proving that the candidate truly identifies with it and accurately understands its nature. At times, candidates also tend to unintentionally describe their personal experience with a specific MBA program in a vague and general manner. Because they are writing from memory and discussing their authentic experience, they do not realize that they are not being specific enough. Consider the following example: “During my visit to Cornell Johnson, I was struck by the easygoing classroom discussion, the warmth of the professors, and the time spent by the first-year student who not only toured the facilities with me but also took me out for coffee and asked several of his colleagues to join us.” Although these statements may in fact be true, the text contains no Cornell-specific language. If the Yale School of Management, Michigan Ross, or the name of any other school were substituted for Cornell Johnson here, the statement would not otherwise change at all, resulting in a weak and generic essay. In contrast, the following statement could refer only to UVA Darden: “While on Grounds, I was impressed by Professor Robert Carraway’s  easygoing and humorous style as he facilitated a fast-paced discussion of the ‘George’s T-Shirts’ case. Although I admittedly felt dizzied by the class’s pace, I was comforted when I encountered several students reviewing the finer points of the case later at First Coffee. I was impressed when my first-year guide stopped mid-tour to check in with her learning teammate and reinforce the case’s central point. It was then I recognized that this was the right environment for me.” If you were to substitute the Darden name and even the professor’s name with those of another school and professor, the paragraph would no longer work. Including the Darden-specific information regarding the day’s case, First Coffee, and learning teams ensures that these sentences have a sincere and personal feel and shows that the candidate truly understands what the school is about. This is necessary to craft a compelling personal statement that will catch the admissions committee’s attention. Share ThisTweet Essays Blog Archive Explaining Your Contribution and Using School-Specific Info in MBA Application Essays Many business schools use their essay questions as an opportunity to ask about the unique contributions you will make to their particular program. Unfortunately, candidates often make the mistake of thinking that a bland summary statement like  â€œI will bring my leadership skills to XYZ School”  will sufficiently express their intended contribution. One reason we prefer to work with business school candidates “from start to finish” is so we can prevent such problems. Simply relating a story about a past experience and then repeating the main point does not demonstrate that you can or will make a meaningful contribution to the school. Ideally, you want to go further, explaining how you would apply and use your experience and skills while at the school in a way that would offer some benefit to others, thereby demonstrating a true understanding of your fit with that particular program. Example 1: “My experience as a stand-up comedian will allow me to bring humor to the Kellogg environment.” With this statement, the MBA admissions committee is left wondering, “How  exactly will this applicant bring humor to the environment? Does this person really know what our environment is about?” In contrast, consider our next example. Example 2: “My experience as a stand-up comic will prove particularly useful at Kellogg, a dynamic environment where I will be constantly joining new and energetic study teams. I anticipate using my sense of humor to create more relaxed team environments, helping everyone feel comfortable contributing, though I will use my humor judiciously, such as to diffuse tense moments during late-night study sessions, rather than as a distraction. I believe my skills and experience being funny on stage will also allow me to play an important role in the Kellogg Follies.” In this example, the writer has applied his/her personal experience and intended contribution directly to the Kellogg experience and has thereby shown a clear connection with the school, proving that the candidate truly identifies with it and accurately understands its nature. At times, candidates also tend to unintentionally describe their personal experience with a specific MBA program in a vague and general manner. Because they are writing from memory and discussing their authentic experience, they do not realize that they are not being specific enough. Consider the following example: “During my visit to Cornell Johnson, I was struck by the easygoing classroom discussion, the warmth of the professors, and the time spent by the first-year student who not only toured the facilities with me but also took me out for coffee and asked several of his colleagues to join us.” Although these statements may in fact be true, the text contains no Cornell-specific language. If the Yale School of Management, Michigan Ross, or the name of any other school were substituted for Cornell Johnson here, the statement would not otherwise change at all, resulting in a weak and generic essay. In contrast, the following statement could refer only to UVA Darden: “While on Grounds, I was impressed by Professor Robert Carraway’s  easygoing and humorous style as he facilitated a fast-paced discussion of the ‘George’s T-Shirts’ case. Although I admittedly felt dizzied by the class’s pace, I was comforted when I encountered several students reviewing the finer points of the case later at First Coffee. I was impressed when my first-year guide stopped mid-tour to check in with her learning teammate and reinforce the case’s central point. It was then I recognized that this was the right environment for me.” If you were to substitute the Darden name and even the professor’s name with those of another school and professor, the paragraph would no longer work. Including the Darden-specific information regarding the day’s case, First Coffee, and learning teams ensures that these sentences have a sincere and personal feel and shows that the candidate truly understands what the school is about. This is necessary to craft a compelling personal statement that will catch the admissions committee’s attention. Share ThisTweet Essays Blog Archive Explaining Your Contribution and Using School-Specific Info in MBA Application Essays Many business schools use their essay questions as an opportunity to ask about the unique contributions you will make to their particular program. Unfortunately, candidates often make the mistake of thinking that a bland summary statement like  â€œI will bring my leadership skills to XYZ School”  will sufficiently express their intended contribution. One reason we prefer to work with business school candidates “from start to finish” is so we can prevent such problems. Simply relating a story about a past experience and then repeating the main point does not demonstrate that you can or will make a meaningful contribution to the school. Ideally, you want to go further, explaining how you would apply and use your experience and skills while at the school in a way that would offer some benefit to others, thereby demonstrating a true understanding of your fit with that particular program. Example 1: “My experience as a stand-up comedian will allow me to bring humor to the Kellogg environment.” With this statement, the MBA admissions committee is left wondering, “How exactly will this applicant bring humor to the environment? Does this person really know what our environment is about?” In contrast, consider our next example. Example 2: “My experience as a stand-up comic will prove particularly useful at Kellogg, a dynamic environment where I will be constantly joining new and energetic study teams. I anticipate using my sense of humor to create more relaxed team environments, helping everyone feel comfortable contributing, though I will use my humor judiciously, such as to diffuse tense moments during late-night study sessions, rather than as a distraction. I believe my skills and experience being funny on stage will also allow me to play an important role in the Kellogg Follies.” In this example, the writer has applied their personal experience and intended contribution directly to the Kellogg experience and has thereby shown a clear connection with the school, proving that the candidate truly identifies with it and accurately understands its nature. At times, candidates also tend to unintentionally describe their personal experience with a specific MBA program in a vague and general manner. Because they are writing from memory and discussing their authentic experience, they do not realize that they are not being specific enough. Consider the following example: “During my visit to Cornell Johnson, I was struck by the easygoing classroom discussion, the warmth of the professors, and the time spent by the first-year student who not only toured the facilities with me but also took me out for coffee and asked several of his colleagues to join us.” Although these statements may in fact be true, the text contains no Cornell-specific language. If the Yale School of Management, Michigan Ross, or the name of any other school were substituted for Cornell Johnson here, the statement would not otherwise change at all, resulting in a weak and generic essay. In contrast, the following statement could refer only to UVA Darden: “While on Grounds, I was impressed by Professor Robert Carraway’s  easygoing and humorous style as he facilitated a fast-paced discussion of the ‘George’s T-Shirts’ case. Although I admittedly felt dizzied by the class’s pace, I was comforted when I encountered several students reviewing the finer points of the case later at First Coffee. I was impressed when my first-year guide stopped mid-tour to check in with her learning teammate and reinforce the case’s central point. It was then I recognized that this was the right environment for me.” If you were to substitute the Darden name and even the professor’s name with those of another school and professor, the paragraph would no longer work. Including the Darden-specific information regarding the day’s case, First Coffee, and learning teams ensures that these sentences have a sincere and personal feel and shows that the candidate truly understands what the school is about. This is necessary to craft a compelling personal statement that will catch the admissions committee’s attention. Share ThisTweet Essays

Nike Corporate Report - 9607 Words

Note to the user: This Word document provides a structured template for preparing your responses to the questions in the annual report project. If you did not purchase the workbook you are not permitted to use this template. INTRODUCTION TO THE CORPORATE ANNUAL REPORT: A Business Application with IFRS Content 3rd edition Copyright 2011 by Applied Accounting Analytics. All rights reserved. Reproduction or translation of this book beyond that permitted by the applicable copyright law without Applied Accounting Analytics’ permission is prohibited. Requests for permission to reprint or for further information should be directed to bstanko@luc.edu or tzeller@luc.edu. ISBN: 978-0-9841839-2-0 To be completed by the student and†¦show more content†¦Cash equivalents are very safe assets that can be readily converted into cash; NIKE is one such example. Accounts receivables consist of the short-term obligations owed to the company by its clients. Companies often sell products or services to customers on credit; these obligations are held in the current assets account until the clients pay them off. Lastly, inventory represents the raw materials, work-in-progress goods and the company’s finished goods. Depending on the company, the exact makeup of the inventory account will differ. For example, a manufacturing firm will carry a large amount of raw materials, while a retail firm caries none. The makeup of a retailer s inventory typically consists of goods purchased from manufacturers and wholesalers. In my opinion balance sheet is in balance where the value of the assets equals the combined value of the liabilities and shareholders’ equity. The assets an d liabilities sections of the balance sheet are organized by how current the account is. So for the asset side, the accounts are classified typically from most liquid to least liquid. For the liabilities side, the accounts are organized from short to long-term borrowings and other obligations. Therefore, can show you with a better idea of the company’s financial condition along with its operational efficiency. This can give investors an idea of how financially stable the companyShow MoreRelatedNike Responses Corporate Social Responsibility Essay978 Words   |  4 PagesNIKE CORPORATE SOCIAL RESPONSIBILITY REPORT Introduction Background: Nike is the leading company in sports and fitness fields and located near Beaverton, Oregon (CSRwire, 2012). In 1998, The New York Times exposed that Nike paid workers in China and Vietnam less than two American dollars a day. The aim of this report is to search how Nike response Corporate Social Responsibility (CSR). Theory: There are five dimensions of corporate social responsibility: physical environment, social (community)Read MoreNike : Sustainability And Labour Practises1217 Words   |  5 Pagesmake the surroundings more sustainable in nature. So now in this report which is based on the case study of â€Å"Nike: sustainability and labour practises†. This case illustrates that Nike was found guilty regarding the labour practises the company was following which the reason for the external criticism Nike had to face around the world during 1990 and 2000. The main purpose of this report is to study the sustainable initiatives Nike had to take to tackle these issues and further how much those stepsRead MoreNike CSR Analysis1581 Words   |  7 Pagesï » ¿ CSR Analysis and Impact on Operations Nike has a Code of Business Conduct and Ethics that includes its commitment to the environment and is a signatory of the UN Global Compact. Nike has created a team of sustainability managers led by an independent director. Its environmental goals include producing eco-friendly products and minimizing its environmental impact through the reduction of greenhouse gases, organic solvents and PVCs. Nike acknowledges the difficulty of tracking environmentalRead MoreCorporate Governance of Nike1748 Words   |  7 Pagescorporations are the â€Å"Nike, Inc† which in other words can be said a company. And what here will be discussed the process how a corporate body that is Nike governs, ethic of it and the corporate responsibility of it upon the business world and balance of interest of the stakeholders such as Government, Employees, Customers, Suppliers, Creditors, Community. Corporate Governance: From the report of Cadbury Committee Chaired by Sir Adrian Cadbury 1992 it can be quoted the definition of corporate governanceRead MoreNike, Mission, Vision, Values, Principles Essay704 Words   |  3 PagesRunning head: NIKE, Inc. Mission, Vision, Principles 1 NIKE, Inc. Mission, Vision, Principles Ameirah Aldahmani MSM631 – Strategic Management and Financial Reports Analysis Regis University Saturday, September 04, 2010 Abstract This paper is a qualitative and quantitative analysis of NIKE, Inc., done as six separate sections. The six sections of the project are external environment analysis, S.W.O.T analysis, executive interview, strategic and tactical plans and controls, structure,Read MoreNike Business Analysis Essay1378 Words   |  6 PagesAs a leading athletic brand in the world, much of Nike’s success can be attributed to its shrewd marketing strategy. As reported in its 2009-2010 Annual report, because NIKE is a consumer products company, â€Å"the relative popularity of various sports and fitness activities and changing design trends affect the demand for our products†. 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It is also globally the largest seller of such garments, selling to approximately 19,000 retailers in the USA, as well as in 140 other countries around the world. Of course with such territory Nike has become a huge target to a broad range of campaigning non-governmental organizations and journalists as significant representation of businessRead MoreCase Study : Managing Ethical Organization1377 Words   |  6 PagesMissteps—Sweatshops to Leadership in Employment Practices †¢ Why did Nike fail to address corporate social responsibility early on? The Nike brand was created in 1972, and renamed to Nike in 1978, and has since grown to be the largest worldwide seller of athletic goods, with approximately 168 Nike stores in the United States and a presence in about 160 countries. (Ferrell, O.., 2003) During the time Nike brand was created corporate responsibility was not considered a major deal yet and there wereRead MoreSocial Responsibility in Stakeholder Theory1509 Words   |  7 PagesTable of Contents 1. Introduction 2 2. Social responsibility in stakeholder theory 3 2.1 Why social responsibility? 3 3. Limitations 4 4. Case study examples: Starbucks amp; Nike 4 5. Conclusion 5 6. References 6 7. Appendixes 9 Appendix A 9 Appendix B 10 1. Introduction This report focuses on social responsibility issue focusing on stakeholder theory. Social responsibility will be introduced and defined based on stakeholder theory. Next, analysis on the importance and limitations

Essay on Freedom In America - 889 Words

America is the universal symbol of freedom. But is it really free? Does the history of the United States stay true to the ideas of our forefathers? Or has the definition been altered to fit American policies? Has freedom defined America? Or has America defined freedom? I believe America was at first defined by freedom, then after time, America defined freedom, altering the definition to fit the niche it fits in, but still keeping key components so it still seems to be staying true to the ideas of America’s founding fathers. When the colonists from England came to America to escape religious and social prosecution, political constrains, and economic hardship, they had a utopia of freedom in mind, which they did set up in the new†¦show more content†¦The freedoms offered included a wide spectrum, not limited like the present day. The freedom was free. As the United States matured, it noticed the growing problems and loopholes of this freedom as its citizens took too much advantage it. The solution? Limit their rights and freedoms. So now our rights are still available to an extent, and our freedoms fenced in to a degree which it is still bearable. But is it still free? Kind of, but not quite. America has manipulated and shaved off parts of our freedom and rights. Our rights guaranteed by the First Amendment, has been hollowed out. Student press in schools can have reports censored by the school and equipment confiscated by the administration because the First Amendment, supporting the freedom of the press does not apply student reports who fall under the supervision of the education system’s administrative branch, who have total power over the student newspaper. Our freedom of speech and privacy are not even close to what they promise. For reasons such as national security, the government can censor, retain, deny, or even manipulate selected pieces of information. Saying keywords on the phone or in emails that monitoring agencies are looking for can give them clearance to investigate your intentions. Privacy, once thought to be a guaranteed right, is actually only able to be enforced by those who choose to. With the recent conflict in Iraq and terrorism on United States soil,Show MoreRelatedFreedom In America2258 Words   |  10 PagesThe United States of America is and has always been very close to realizing democracy’s ideal of a country where there is â€Å"liberty and justice for all†, though a number of factors have conspired to move the country away from them in the past, and threaten to do so in our immediate future. Though their outcomes have varied considerably over the years, the main factors causing the U.S to stray from its ideals of freedom and equality have always been one or both of the following factors—discriminationRead MoreAmerica s Freedom Of Freedom1495 Words   |  6 PagesIntroduction Since 2011, the Freedom House has classified Mexico as a purple, or a â€Å"not free† country in its annual Freedom of the Press report. The upraise of violence in the country, stemmed from its war against drugs, has threatened Mexico’s freedom of expression and practice of journalism, undermining the foundations of the country’s democracy. During the last 12 years, 82 journalists have been murdered, 18 have disappeared and there have been 33 attacks on media outlets according to the NationalRead MoreAmerica Is Considered For Its Freedom1616 Words   |  7 PagesAmerica is known for its freedom. Freedom to speak your opinion, freedom to practice any religion that you choose, and freedom to criticize the government. American’s are able to have the power or right to act, speak, or even think about almost anything they wanted to without restraint from the government or from other people. Migrants from other countries come to the United States to have a ch ance at freedom. To raise a family away from war torn cities or harsh governments. They come to AmericaRead MoreThe Importance Of Freedom In America1256 Words   |  6 PagesFreedom has been present in American literature and American history ever since this country was formed. Ever since the colonists declared independence from England, freedom has been the staple of America and it continues to be as many people leave their homes and come to our country just to seek it. The Declaration of Independence started the need for freedom and later documents such as What Is The Fourth of July to a Negro continued the prospect of everyone deserving freedom in America. EveryoneRead MoreThe Freedom And Freedom Of The United States Of America1603 Words   |  7 PagesAmericans, in this rightfully proud nation of The United States of America, have freedom and liberty set amongst the highest of our ideals. Generations were born and raised in this country. They were taught to always respect and cherish the rights and liberties given to us, the people, that were earned and are still being bravely defended to this day. Our rights were earned and are defended by our courageous, gun wielding soldiers. Currently, in this turbulent time of politics in our nation,Read MoreThe Importance Of Freedom In America793 Words   |  4 PagesAustin—a city renowned for its strives towards liberation—glimmers as a hub of cultural vibrancy in Texas. This city excludes itself from the conservative frame of mind that is deeply embedded within Texan culture, and its people celebrate the freedom to explore their human identity through self-expression. The live music here charms listeners, drawing them out to bars, clubs, backyards, garages, churches, and concert halls, filling the air with harmonies that comprise the spirit of Austin. PerformersRead MoreThe Religious Freedom Of America2138 Words   |  9 Pages Religious Freedom of America In this is paper I’m going to tell you about the religious freedom we have in America and how it’s uniquely American. There are many reason we have religious freedom in America, One being that it’s a law. I’m going to tell who wrote the bill of rights that made religious freedom a law and why they wrote it. I’ll tell you about the people who fight in war just to make sure we have this freedom among other freedoms. I’ll talk about how America is one place whereRead MoreFreedom Of Speech : America3324 Words   |  14 PagesAmerica is a land whose roots are nourished by equality, opportunity, and freedom. The first amendment that our forefathers sought to proclaim was that of freedom of speech. In doing so, all men were allowed to speak their minds, regardless of how it might impact someone else. This was a concept that was relatively marred since its conception in ancient Greece. Free loving nations have always sought to increase the happines s of its citizens, yet it has always failed. America is a benchmark of libertyRead MoreReligious Freedom in America569 Words   |  2 PagesFrom the beginning the United States of America was formed, it has been founded and established by religious toleration and freedom. Without religious freedom, people are forced to comply with laws and policies that blatantly contradict their beliefs. This results in people living their lives in a struggle between their personal beliefs and obeying the laws that are placed before them. Obviously upholding personal convictions is very important, but people are forced to decide if it is personallyRead MoreAmerica Is A Country Of Freedom2427 Words   |  10 PagesThe United States of America is a country of freedom, a quality highly desired by many non-Americans. As Americans, the Bill of Rights grants each of us native-born Americans with certain freedoms. For example, we have the freedom of religion, the freedom of assembly, freedom of speech, freedom of the press, freedom of petition, and freedom to bear arms. In addition to these freedoms, we also have the freedom to receive a free public education. As a future educator, this freedom directly affects me

Definition And Categories Of Homelessness - 2161 Words

Definition and Categories of Homelessness The Early Years The meaning of homelessness has changed many times in the past years, we have forgotten that casual laborers, vagrants, and the wandering poor were not unseen in early years, whereby homelessness is an uneasy situation in society. According to Shlay Rossie, (1992), homelessness is an individual without a home or a permanent place, but current perspectives indicate that intermittent homelessness falls into the definition. At the beginning vagrancy focused on skid row with the attention on single room hotels, boarding houses, and cheap places to eat, on the community that attracted transients, though they were not homerless, whereby they had had a place to sleep with an address.†¦show more content†¦According to Hubley et al. (2014), the quality of life for homeless is lower than that of the general population because of his or her living conditions, such those who live on the streets with no place for personal care. There are no difference in the quality of life of gender s, but there are more services available to mothers caring for children than there are for single men, whereby there is a need for more male services. â€Å"Los Angeles County is the homeless capital of the USA, with at least 88,000 homeless in 2005 (Reese, Deverteuil, Thach, 2010).† The reason for the high number of homeless is the lack of income, a drop in non-existent welfare support and not enough affordable housing, as a result has people into homelessness. The rent in California is high with a studio apartment running an average $843 per month, which is not within the affordable rent for a minimum wage earner nor a recipient of Supplemental Security Income. According to Reese et al. (2010), a majority of the homeless are in the older, diverse urban neighborhoods where homeless services have a habit of gathering. As a result of low-income living in one area, the degree of mental disabilities and substance misuse are roughly twice as high among the homeless compared to the entire County. Imminent Homeless According to Shlay Rossie, (1992), intermittent homelessness is the movement in and out of his or her living situation, whereby the individual has

Website Analysis for Parental Control †Free Samples to Students

Question: Discuss about the Website Analysis for Parental Control. Answer: Introduction Internet has played an important role for various business for completing with major kinds roles in corporation. The internet has played an important role for business for increasing both visibility and revenue (Kousha Thelwall, 2016). It has ultimately led to reaching of potential customer population in never before which is provided. Internet has benefited the business in number of ways like potential base of customer, a store which never closes, cost effective for large number of customers. In the coming pages of the report a proper analyzes has been done with respect to ecommerce industry. An analysis has been done with respect to 7Cs for targeting the consumers. Amazon.com is known to be fortune 500 e-commerce organization which is based in Seattle, Washington. It is considered to be first organization to sell goods on internet. Designer at present encounter a number of issues in best kind of user experience which ultimately improvises the online mode of purchase (Mahmoud, 2015). Amazon is considered to be one of the best kind of user shopping experience of large number of people. The team of designers and architectures have made sure of the fact that the two elements are easily available and prominent to large number of users. Algiftz.com is known to be one popular website of ecommerce in the middle east. It generally offers generous amount of offers to large amount of offers. It mainly deals in various kinds of electronic products, fashion accessories, gadgets and various kinds of cell phones (Smith Linden, 2017). The website claims to be provided products and services in the market without any kind of fault in quality of various kinds of users. (www.alibabagroup.com/en/global/home) is one be Chinese multinational ecommerce, retail, internet and technology which aims to provide consumer to consumer service. The aim of this organization is build future infrastructure of various commerce (Al?imam et al., 2017). It focuses in providing customers to meet the work. This organization claims to be lasting for more than 102 years. The 7Cs of communication are Clear Concise Concrete Correct Complete Courteous Easy to identify content From the three websites that amazon, Alibaba and Algiftz the simple idea can be gathered that amazon and Alibaba has best kind of navigation which is provided or available to customers and along with good quality of interface (Tan, 2017). On the Algiftz website needs to be improvised as content where not so much easily available to large number of customers. So the website of this organization must be improved for attracting the large number of customers. Amazon and Alibaba websites can be easily navigated while the website of Algiftz need to be some issues in loading of web pages. So many times it is seen that customers are dissatisfied with the service provided by algiftz due to usage of poor kind of technology. Amazon and Alibaba sites generally provide easy downloading of website while on the contrary algiftz needs improvisation for attracting a large number of customers (McCracken Wolfe, 2014). In many cases it is seen that algiftz have some kinds of issues in downloading but amazon and Alibaba have built their website in such a way that it can easily tackle a large number of issues. Use of graphics for target audience Amazon and Alibaba have built their website with best kind of user interface to tackle a large of issues (Meroo-Cerdan Soto-Acosta, 2015). While on the contrary the user interface of algiftz needs some improvisation so that they can easily draw the attention of large of people. With respect to world wide web linking of websites can be easily defined as the use of hyperlink which can be easily used as a piece of content on a website. Amazon and Alibaba have good quality of linking capabilities while on the contrary Algiftz needs some kinds of improvement in this particular domain. There are no kind of sense of community in the case of Amazon and Alibaba while on the other hand Algiftz needs have some kind of sense of it (Joshy et al., 2016). Algiftz is mainly accessed by people of middle east and it is popular there only. So a factor of community into action. Amazon and Alibaba generally have best kinds of privacy policy for large number of users. The privacy policy of this organization has been designed in such a way that it can safeguard personal information of customers who regularly visit the website (Joshy et al., 2016). While the privacy policy of Algiftz needs some kinds improvisation to tackle large number of issues which can be encountered in dealing with customers. Advertisement of educational products can be considered to be a useful kind of way for promotion of large number of things. This method can be considered to be one of the best ways for launching products and other kinds of service associated with it (Joshy et al., 2016). If the algiftz comes up with idea of providing free educational services to customers, then it may create a lot of issues to customers. Conclusion From the above discussion it can be easily concluded that this report is all about role of internet in various business specially the ecommerce one. In this report three of major websites like Amazon, Algiftz and Alibaba has been discussed in details. 7Cs have been identified with respect to the three ecommerce website. Various kinds of parameter like identification of content, easy navigation, downloading of sites, graphics of website with respect of user has been discussed. The privacy policy the three website has been discussed in brief. Methods has been properly described with respect to middle east organization. In the end a list of recommendation has been provided with respect to weak websites. Recommendation There are certain number of recommendation for Algiftz website like Use of white space. Speed of page Making use of attractive calls for action Improvisation of navigation Making of value for proposition. References Al?imam, A., Santacroce, R., Roman?Urrestarazu, A., Chilcott, R., Bersani, G., Martinotti, G., Corazza, O. (2017). Captagon: use and trade in the Middle East.Human Psychopharmacology: Clinical and Experimental,32(3). Joshy, N. M., George, S., Augustine, N. K., Johnson, R., Joseph, C. T. (2016). Website Analysis for Parental Control.Procedia Computer Science,93, 910-916. Kousha, K., Thelwall, M. (2016). Can Amazon. com reviews help to assess the wider impacts of books?.Journal of the Association for Information Science and Technology,67(3), 566-581. Mahmoud, O. (2015). Book Review: Misbehaving: The Making of Behavioral Economics. McCracken, D. D., Wolfe, R. J. (2014).User-centered website development: A human-computer interaction approach(pp. 1-305). Englewood Cliffs: Prentice Hall. Meroo-Cerdan, A. L., Soto-Acosta, P. (2015). Examining e-business impact on firm performance through website analysis.International journal of electronic business,3(6), 583-598. Smith, B., Linden, G. (2017). Two decades of recommender systems at Amazon. com.IEEE Internet Computing,21(3), 12-18. Tan, S. (2017). Digital Trade in Europe and Central Asia.

New Classical Macroeconomics

About New Classical Macroeconomics The new classical macroeconomics school of thought was based on the neoclassical background. This school of thought which originated in the 1970s was formulated by key economists such as by Robert Lucas, Thomas Sargent, Neil Wallace, and Edward Prescott. The New Classical Macroeconomics school of thought attempts to analyse macroeconomic models using the microeconomic models.Advertising We will write a custom essay sample on New Classical Macroeconomics specifically for you for only $16.05 $11/page Learn More Specifically, this school of though has the primary building blocks borrowed from classical economics that was originally formulated by Adam Smith. The school of thought contradicts with the new Keynesian school of thought since the latter makes use of the microeconomic foundations to produce macroeconomic models. The New Classical Macroeconomics school of thought pays attention to the role of rational economic age nts and the theory of rational expectations in making decisions. Based on the rational expectations, the school of thought assumes that agents aims at maximising utility. The model opines that the government intervention in demand management is not effective in the short run (Bade and Parkin 2009, p. 43). Thus, this analytical treatise attempts to explicitly discuss the main propositions of the New Classical Macroeconomics and its policy implications in understanding macroeconomics models. Propositions of the New Classical Macroeconomics Specifically, the three main propositions that will be extrapolated include flexible prices, imperfect information and rational expectation. The treatise explicitly explores the concept of rational expectation in addressing the propositions of the new classical macroeconomic school of thought. Rational Expectation About the rational expectation theory The rational expectation hypothesis argues that expectations are formed on the basis of available i nformation. Reflectively, the information should be relevant and based on the variables being predicted. The hypothesis states that agents should comprehend the fundamental economic associations in the economy and assumes that expectation errors are not systematic but are random. Random expectation is different from adaptive expectation since adaptive expectations have no random errors. The lack of randomness of the adaptive expectations makes adaptive expectations not satisfactory when dealing with agents (Barber 2010, p. 32).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Accordingly, rational expectations require the agents to be coherent and optimising. This implies that agents make use of all available information in an efficient way to make informed decisions on their expectations about economic variables. The hypothesis argues that for the agents to form rational expectations, then they must be aware of the true economical model that connects all the relevant economic variables. For instance, assume that a true economic model that estimates the price level is given by the quantity theory of money. The information to be provided in the economic model that would help agents make rational decisions should comprise of variables such as money supply, speed of money, and nominal and real income. Besides, the agents must be well informed and where possible be educated in order to be in a postion to make decisions based on the relevant economic theory. Additionally, the hypothesis assumes that the agents are aware and well educated of the relevant economic model, and that they use the model to make decisions. For the model to work, then the errors should not be serially correlated and the errors should have a zero mean and should have the features of a random variable, that is, identically, and independently distributed. Interestingly, the errors in time (t) are not c orrelated with errors in time (t-1) (Henderson 2004, p. 51). Explanation of rational hypothesis above is unrealistic in the sense that there is no possibility of having perfect information. As a matter of fact, it is not possible to have a scenario where all players in the market have perfect information. Further, it is based on Walrasian assumptions that may not be practical in the market. Also, error terms in different periods are often related to the market dynamics and not static. Shortcomings of the rational expectation hypothesis In as much as the rational expectation hypothesis forms the major proposition of the New Classical Macroeconomics, it has a number of shortcomings. First, the hypothesis is unrealistic since it ignores the influence of fiscal and monetary policies in the economy. Reflectively, it is not possible for such a scenario to occur since most economies have set up various institutions that work towards maintaining the stability of the economy. Examples of suc h institution are the central bank and financial institutions (Saada 2009, p. 63). Secondly, the hypothesis assumes that all agents in the economy have perfect information about the expected behavior of the economy. This is not feasible in any economy since it is not possible in any economy. Rather, it is an idealised assumption that only exists in a perfectly competitive economy. Thirdly, the model assumes that all agents are well informed of the actions they should take when the economy changes. This is not feasible since not all players in an economy have the perfect information. Thus, the assumptions of the rational expectation hypothesis casts doubt on the effectiveness of the New Classical Macroeconomics (Parkin 2007, p. 33).Advertising We will write a custom essay sample on New Classical Macroeconomics specifically for you for only $16.05 $11/page Learn More Flexibility of prices The New Classical Macroeconomics school of thought assumes that pri ces are flexible. This implies that the market operates without intervention or impediments so as to allow complete flexibility. Consequently, the forces of demand and supply sets the equilibrium price and quantity. This also implies that the economy will be operating at the natural rate of output. Flexibility of prices requires that the prices of goods and services and wages in the economy to befully determined by the forces of demand and supply. This ignores the existence of labor unions and government intervention such as minimum wage principles (Chrystal and Price 1994, p. 27) which are vital in price determination. Imperfect information The second key proposition of this school of thought is imperfect information. The proposition asserts that the economic agents in the economy do not have perfect information concerning the economy. This is because they live in a random environment and more than often, there are swings in the economy and having a perfect information on how the e conomy will work is not feasible. This proposition contradicts with the rational expectations theory which assumes that all agents in the economy have adequate information and that they will make use of all available information to make informed decisions (Snowdon and Vane 2005, p. 29). Impact of the propositions Based on the propositions, the New Classical Macroeconomics holds that the market will clear by itself at all times. In addition, the economy will be operating at full employment and at a natural level of output all the time. However, there are adjustments on the prices and wages so as to achieve the natural level of output. Therefore, the New Classical Macroeconomics argue that there should be no interference in the market since the market clears all the times. They auxiliary argue that, in times of crisis such as during a recession, the market should be allowed to clear without making adjustments in the market. The arguments of the New Classical Macroeconomics are consist ent with how the perfect market operates on the assumption that prices are flexible. The perfect markets also assume that all players in the market aim at maximising their utility. For instance, buyers aim at maximising their utility, workers aim at maximising their welfare, and sellers aims at maximising revenue and profits.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Finally, there are no transaction costs in the market. The efficiency theory of the New Classical Macroeconomics school of thought is consistent with the Say’s law (in Classical economics) which states that in an economy, the aggregate supply must be equal to the aggregate demand so as to ensure stability. Based on the comparison with the perfect market, it implies that the New Classical Macroeconomics school of thought ensures that there is a Pareto efficient market. Thus, one person cannot gain without making another person lose in the market because the resources are allocated using equilibrium forces. Further, firms only earn normal profits from business operations since competition would reduce any abnormal profits earned (Moon 2013, p. 22). Policy implication of the New Classical Macroeconomics Self adjusting economy As mentioned above, the New Classical Macroeconomics school of thought assumes that the economy is self correcting all the time. This implies that there is no need for intervention to correct imbalances in the economy. This is as a result of the efficiency of the economy. The model asserts that the economy has several mechanisms that ensure that all imbalances are restored to the equilibrium state at all times. From this school of thought, it can be deduced that since the economy operates at close to full employment and natural level of output, then there is no need to aggressively interfere with the economy since intervention may cause disequilibrium or inflation. Thus, the school of thought ensures that an economy has free markets that do not have failures and is achieved using the supply side policies. The supply side policies are used to increase aggregate supply without increasing the price level in the economy. An example of the supply side policy would be to reduce the amount of benefits at work so as to increase the upturn of people to work in addition to reducing the influence of trade unions so as to make wages in the econom y more flexible. Generally, the policy aims at minimising regulations so as to make the markets open to the forces of demand and supply (Wessels 2006). Secondly, the New Classical Macroeconomics school of thought ensures that the quantity of money supply in the economy is under control so as to keep the inflation rates at low levels. Examples of the policies that can be put in place to control money supply is introducing controls on interest rates and monetary base. As a result, the amount of money demanded and money supplied in the economy will be controlled by the forces of demand and supply (Mankiw 2011, p. 48). Conclusion The New Classical Macroeconomics school of thought is built on the assumption that all agents in the economy use the information available to make rational decisions. As a consequence, the behavior of all agents in the economy is consistent with the rational expectation hypothesis. However, this hypothesis is based on unrealistic assumptions that casts doubt on the efficiency of the New Classical Macroeconomics school of thought. The school of thought ensures efficiency since the economy is self correcting and thus, there is no need of any kind of intervention. The efficiency assumption is similar to the characteristics of a perfect market. It is also built based on some quite unrealistic assumptions (Arnold 2008, p. 29). The policy implication of the New Classical Macroeconomics of a self adjusting economy has been criticised in a number of areas. The policy does not give an account of unemployment in an economy because, based on the school of thought, it is expected that the forces of labor supply and labor demand will create equilibrium in the economy. This equilibrium in the labor market should yield full employment implying that there should be zero unemployment rate. However, this is contrary to most economies since soaring unemployment rates has discredited the underlying assumptions of this school of thought (Adil 2006, p. 31). Se condly, the school of thought fails to explain the existence of a business cycle in an economy caharacterised by the cycles of boom, depression, recession, and recovery. Based on the New Classical Macroeconomics school of thought, an economy should not experience the business cycle. This is because the economy should be in a position to self correct before moving to another point in the cycle. This school of thought cannot give explanations for the recession that was experienced between 2009 and 2010 (Mankiw 2011, p. 38). In as much as the New Classical Macroeconomics school of thought is based on unrealistic assumptions and it has failed in certain areas, it gives directions on how to influence the supply side so as to achieve stability in the economy. Reference List Adil, J 2006, Supply and demand, Capstone Press, USA. Arnold, R 2008, Economics, Cengage learning, USA. Bade, R Parkin, M 2009, Essential foundations of economics, Pearson Education, United States of America. Barber, R 2010, Elasticity, University of Michigan, New York. Chrystal, A Price, S 1994, Controversies in Macroeconomics, Harvester Wheatsheaf, Hertfordshire. Henderson, D 2004, Supply and demand, Kessinger Publishing, USA. Mankiw, G 2011, Principles of economics, Cengage Learning, USA. Moon, M 2013, Demand and supply integration: The key to world-class demand forecasting, Pearson Education Inc., USA. Parkin, M 2007, Economics, University of Michigan, USA. Saada, S 2009, Elasticity: theory and application, Ross Publishing, USA. Snowdon, B Vane, H 2005, Modern Macroeconomics: Its Origins, Development and Current State, Edward Elgar, Cheltenham. Wessels, W 2006, Economics, Barron’s Educational Series, USA. This essay on New Classical Macroeconomics was written and submitted by user Orange Rhinoceros to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Export and Import Malaysia Essays

Export and Import Malaysia Essays Export and Import Malaysia Essay Export and Import Malaysia Essay Oct export growth seen slower Date: 09-12-2011 Author: Rupa Damodaran KUALA LUMPUR: MALAYSIAN exports, which have remained on a steady growth path despite a slowing global demand, is likely to grow at a slow pace in October, said economists. Base effect is one of the reasons for the pace but economists were however cheered by the support by commodity prices, which would be a boost to the total export receipts. According to a Business Times poll, exports are expected to post a 8. 07 per cent average growth rate and imports 5. 19 per cent while trade balance is expected to average RM8. 97 billion. The International Trade and Industry Ministry will release the data today. OCBC Banks Gundy Cahyadi said the 16. 6 per growth, seen in September, was just temporary, adding that the slowdown in global growth momentum is likely to weigh on the export growth prospects. Some moderation is already seen in the commodity shipments in the recent months. According to Citi, the electrical and electronics (E;E) sector, which contributes the bulk of manufacturing exports from Malaysia, could continue to stabilise, in line with some regional peers. The 20. 8 per cent year-on-year surge in Japans imports from Malaysia in ringgit terms and the 12. per cent surge in Singapores imports from Malaysia are likely to offset the moderation in Chinas imports from Malaysia (13. 7 per cent) in October. However, Citi is convinced that palm oil exports will surge as the Palm Oil Registration and Licensing Authoritys October data showed the combined value of palm oil and palm kernel oil exports nearly doubled to 46. 7 per cent year-on-year. Standard Chartered Bank also expects commodities to continue to do much of the heavy lifting in terms of driving export growth as manufactured goods exports remain sluggish. Economist Tai Hui expects the positive commodity price effect to fade towards year-end. Crude palm oil (CPO) prices fell 9. 6 per cent year-on-year in November, compared with a 40 per cent gain in the fourth quarter of 2010. Despite our forecast for CPO to rise modestly from current levels in the next 12 months, this will not be strong enough to lift exports significantly. According to Tai, resilient domestic demand should continue to support import growth. ( END ) Source : Business Times SUMARRY Based on the article, we know that the October Export was growth slower. One of the caused is pace but the economist oppose