The Federal Reserve Essay Example | Topics and Well Written Essays - 1250 words - 1

The Federal Reserve - Essay Example When contrasted with the business, the independently employed or a business person by and large, need to contribute some sum, which is said capital, and it is simply the destiny of the utilized that it might succeed or come up short, while in the work there is no hazard for the speculation, as there is no venture required, all the representative has simply to do is to satisfy the activity prerequisite and to get an a procuring at fixed rate. The sum to be put resources into business has chance, as previously mentioned, however the business has an excess of fascination, since it has great returns, and if practically identical by the work, the speculator may get numerous products of the compensation in a solitary period. An arrival on cash got from the business, that is the benefit when all is said in done decides the business proficiency. However, the inquiry is that, is it important to put cash into an organization and buying the offers? Can’t it be put resources into the bank to get the premium salary on that? This inquiry has been assessed with regards to the given subject, and will help in deciding the criticalness of different protections in the money related markets. Standard offers Ordinary offers are the fundamental wellspring of capital for any open organization, different wellsprings of capital is the obligation and so forth. Customary offers give the cash that the investors pay to the organization and consequently get the profit, and the pace of profit relies upon the presentation of the organization. The financial exchange is the market of corporate protections, yet the partnerships may give stock; the stock gives starting money to an organization and the restricted obligation is the key factor in the corporate area (J Richard, 1998). An organization with solid benefits will most likely go for good profit yield, while the organization experiencing misfortune may not give profits to the investors. It ought to be stayed with into thought that th e will just share the benefit, and the investors shouldn't remunerate for the sake of the loss of the organization. How it produces the financial riches An individual may have en monetary job as far as financial matters, he might be dependant or free, he might be an overflow unit or deficiency unit. A deficiency unit is any individual who has more cash than he spends, and subsequently he can use the cash to get more cash. This cash can be given to the individuals who are shortage unit, or the individuals who may require it, which is the capacity of stock trades and the credit associations. So the individuals who have more cash can go through their cash into the securities exchanges and can get the arrival on it. This pace of profit depends for the presentation of the organization. At the point when an individual get a pay from the offers, that is known as the profit, the individual has more to spend, which can be given to shortage units at a specific pace of return, and the deficien cy unit may begin his/her own monetary movement, that might be any organizations, however without this additional cash given by surplus unit to the shortfall unit through buying offers or buying government protections to the shortfall unit, encourages the deficiency unit to pass some edge, for the business visionary it might be the substantial capital required to begin a business, or the administration which need the individuals investment funds in their stores which will be talked about later. Since the more monetary movement can be created by this security, economy can created and the business rate may increment, and the more the volume of financial action, the more the charges are aggregated, which thus give great framework to the general

Immigration ( Microeconomics) Essay Example | Topics and Well Written Essays - 2750 words

Movement ( Microeconomics) - Essay Example Infact the issue of movement has accepted a transnational significance over the most recent three decades. It isn't without an explanation that movement has become an interesting issue all through the Western world in the contemporary occasions. Legislators and educated residents are exceptionally energized as they would like to think in regards to movement due to the effect it might have or should have on the demography, culture and particularly the economy of the concerned countries. All the more then a large portion of a million people from differed nations and ethnic foundations enter the US consistently. According to some preservationist gauges, about 12 million illicit migrants by and by consider the United States their home. The very size of migration in North America, EU and Australia brings up many upsetting issues. Is migration useful for the nations having liberal movement laws Will the settlers affect the economies of these countries Should the migration laws be additiona lly changed Do the economies of these nations have the capacity and the possibility to ingest the enormous scope gifted, semi-talented and untalented workforce produced by pleasing migration strategies Will migration lead to many related issues like psychological warfare, radicalism and surplus workforce Pragmatically, movement will undoubtedly invigorate the Western Economies. At any rate, the accessible segment and financial information focuses towards this conclusion.It is an essential monetary reality that the quickly developing economies do have an unquenchable want assets, physical capital or more all human capital. So the basic question ought to be that are the significant Western economies developing at a pace where they need huge contribution to terms of human capital from different nations It will be truly fascinating to investigate the financial possibilities of a portion of the highest Western economies. With respect to the US economy, the information outfitted by the bona fide and solid worldwide associations like the World Bank, the International Monetary Fund, and the Organization of Economic Cooperation and Development, directed at the eight years of Bush's administration show a pink and stout situation (Perry). As indicated by the World Bank measurements, the GDP per capita in the United States rose to $ 41,813 of every 2005 (Perry). According to an IMF report, between the years 2001-2008, the genuine American GDP developed at a normal yearly pace of 2.2 % (Perry). The joblessness rate in the US additionally remained at a fair and stable figure of 4.7 % between 2001-2007 (Perry).Gross Domestic Product (GDP) Growth - United States - USA (%) 2.5 3.7 4.5 4.2 4.4 3.7 0.8 1.6 2.5 3.9 3.2 3.4 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 Total national output (GDP) Growth - United States - USA (%), Source: Eurostat(euroekonom.com) European Union, which is the biggest financial and exchanging square of the world, is additionally expected to beat the past desires as far as monetary

Qualitative Analysis Assignment Example | Topics and Well Written Essays - 500 words

Subjective Analysis - Assignment Example Considering the toward the start of the main transcript based on courageous woman FLICKA(Trish), organized in home port Columbia, the transcript is a discussion between Carolin who is an interviewee and Trish who is a questioner. As indicated by this first content, an issue old enough is raised and this shows an interviewee who is Carolin is progressively worried about obtaining some much needed education of Trish’s individual subtleties and the lifestyle she is living. As questions are explained we oversee a pith of abuse between the two individuals since the inquiry raised via Carolin about the age has been channelized into Trisha’s life history. In the mean time, Trish is so open to examine all that she directed in Guinea explicitly in the year 1979 indicating that the interviewee is worried to recognize what she experienced while conveying her best based on cruising ladies school (Trish, 2005). The interviewee utilizes an inspirational subject particularly when she inquired as to whether she experienced and procured aptitudes that has helped her to create individual qualities on her day by day time sailing to cruising. Notwithstanding, the interviewee utilizes her capacity to communicate her anxiety about Trish. She went ahead by disclosing to Trisha that she should stress what someone did and that the best thing is to be there, to legitimize that you are a decent mariner. From this content, it becomes the other way around as Carolin turns into an interviewee just as Trish turning into a questioner. The part of concerned is raised here with a pith of getting out additional on what Trish have on about the marine condition. In her reaction she explains that she is a progressive as she is occupied with doing things normally. There is an association between cruising vessel as determined via Carolin from the primary content and what Trish is taking part in as she term herself as a traditionalist. Getting issues that cruising networks experiences was moreover

Western Australian Meat Marketing Co-Operation Marketing Strategies - 1925 Words

Western Australian Meat Marketing Co-Operation: Marketing Strategies (Essay Sample) Content: A project report on CRITICAL ANALYSIS AND EVALUATION OF THE IMPACT OF EXTERNAL ENVIRONMENTAL FORCES IN WESTERN AUSTRALIAN MEAT MARKETING CO-OPERATION ON ITS MARKERTING PLANS AND STRATEGIES. Submitted in partial fulfillment of the requirements for the degree in DEGREE/COURSE NAME by NAME OF THE STUDENT: INSTRUCTOR’S NAME: UNIVERSITY NAME: SUBMISSION DUE DATE: WORD COUNT: 1380. EXECUTIVE SUMMARY We select Western Australian Meat Marketing Co-operative for our study. This is a locally owned Co-operative which gets its revenue from Marketing, Manufacturing and exportation of lamb and meat products. The company usually sells its products locally and internationally. In our selection for the purpose of this study, we choose skin as the product for our analysis in this project. We demonstrate external marketing forces and analyze marketing concepts and theories affecting this product. During this study, a critical evaluation and analysis is carried out on the impact of environmental forces and its influence on the organization’s marketing strategies and plans. After our analysis we make our study recommendations and conclusion. TABLE OF CONTENTS 1 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4. 2 Case Background†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5. 3 Theoretical Framework†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.5. 4 Environmental analysis.........................................................................................†¦....6. * Competition†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6. * Legal and regulatory issues...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.6. * Technological advancements..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...7. * Economic growth and stability.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.7. * Socio-cultural trends†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.7. * Political trends†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...8. 5 Summary of opportunities and threats†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...8. 6 Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.9. 7 References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.10. INTRODUCTION The purpose of this research project is to undertake an analysis on the external environment for a specific product in a marketing organization in Australia. This research project demonstrates and analyzes external marketing environments using relevant marketing theories and concepts that affect our selected organization. A critical analysis and evaluation of the impact of external marketing forces on the marketing plans and strategies of the organization is carried out. This research paper is submitted in partial fulfillment of the course requirements and it has been duly authorized by the Course Coordinator. The limitation of this paper is that the time used to carry out the study was not much enough to cover all the areas of the topic under study. The number of words specified in the project requirement is limited and all the information relevant to this project could not be written in this paper. Secondary data was used for analysis and completion of this task. It cannot be fully relied on since secondary data is likely to have distortions. CASE BACKGROUND This is a marketing company engaged in manufacturing and marketing of meat and meat products. The organization is based in East Perth, Australia. The organization was formed in 1971. Its major activities lie in the Meat industry. It offers varieties of meat products such as lamp, offals, mutton, wet salted lamp, sheep and goat skins. Blood meal, tallow, meat and bone meal are the byproducts the company manufactures. The organization is controlled by a Board of Directors comprising of strategic mix of producer members, elected by members who are active and independent directors, whose appointment is confirmed by the active members. The organization sells its products both locally and internationally. In the international markets, its products are exported to Africa, Europe, America and Asia. THEORETICAL FRAMEWORK A basic marketing theory states that to maximize sales, a company must position its products or services in the marketplace in such a way that consumers believe they need a particular product for service or that a product or service they need has a particular benefit (Bell, 1972). This positioning assists an organization to have a competitive advantage over the others in the industry. To attain a competitive edge over the others in the market, the company needs to analyze all the forces that could affect its positioning. External environment for Western Australian Meat Marketing Cooperative would include all forces outside the organization’s control but have direct impact on drawing on its marketing plans and strategies. External marketing environmental analysis will involve identification of all the external elements, which can affect the organization’s performance. The analysis entails assessing the level of threat or opportunity the factors might present. These evalu ations are later translated into the decision-making process. The analysis helps align strategies with the firm’s environment (Baker, 1987). In the case of Western Australian Meat Marketing Cooperative, we have selected the skin product as the basis for our analysis of the environmental forces affecting it. After evaluation, we found out that Technological advancements, Legal and regulatory issues, Economic growth and stability and competition were the most pertinent issues surrounding the organization. ENVIRONMENTAL ANALYSIS Each and every organization is faced with external forces which have to be factored in when drawing an organization’s marketing strategies and plans. These forces are important to Western Australian Meat Marketing Cooperative in attaining a competitive advantage. * Competition Competition is a common phenomenon in every industry. In this organization, we find that the organization is faced with a lot of competition from the other companies in the same industry. There are however opportunities which the firm can realize from the challenge of competition. In the organization’s quest to gain a competitive edge, it may develop new markets or expand its market share. Also, there are threats posed by competition such as emergence of new pricing models in the market. * Legal and regulatory issues. These are the laws and legal policies that guide the land. Change in government regulations and business operation standards may make the organization gain new market share if the policies are friendly to the organization. However, there is also a threat of loss of market for its products and the organization need to factor this while ‘drawing’ its marketing plans and strategies. * Technological advancements Technology advancements refer to changes in technological infrastructure related to manufacturing, operations and human development. Technological advancements may create an opportunity for the organization to adopt the use of new techniques hence quality production. However, the same may cause obsolescence and phase out the organization’s product in the market. * Economic growth and stability Economic stability and growth crystalizes to the individual consumption and par-capita income. Economic growth may create an opportunity for expanding market and demand, which the organi...

8 Tips on College Tours

Spring break is the best time of the year to go on your college tour. The weather is generally more pleasant, and you get to visit when campus is alive with college students. So, how do you make the most out of your college tour? We have a few tips for you: 1. Make sure you plan ahead Probably the most straightforward one, but if you want to make the most out of your college tour, you need to put together a plan. It’s hard to see so many schools back to back in a week, and you’re going to need to account for driving time between each school. Choose a few of the schools you really want to visit, and then plan a driving route accordingly. 2. Meet with Coaches and professors Once you’ve decided where you want to visit, try to set up times to meet with the departments you are looking to major in, or reach out to the coaches. It’s always good to get facetime in and better understand the programs and facilities each school offers. â€Å"When I visited Princeton, I arranged an appointment with one of the professors there (I actually met with the department head, Dr. Bahcall) and after a wonderful conversation with her in which I learned a lot about the program, she told me to tell her when I applied and she’d mention our conversation. Of course, getting a recommendation like that doesn’t always happen, but meeting a professor in the department can really provide a lot of insights to the program at the university that brochures and websites can’t give you.† spacelover17, Princeton University ‘19 3. Do your research Are there specific programs you’re interested in? While university websites are able to provide high level overviews on the programs they offer, it leaves out a lot of details. So find out why you want to visit specific schools, what do you want to know more about, and put it together in a list. 4. Ask questions With the research, you are then able to find the answers you’re looking for. The campus tours and information sessions are helpful, but they are unlikely to go into specific programs. Ask the admissions officers, student guide and the professors you’ve set up a meeting with more specific questions. It’s up to you to find out yourself, and there’s no better way to do it than to ask the students and faculty on campus. â€Å"Before senior year, I was set on moving across the country for college. But after touring schools on the East coast and in California, I realized how amazing California is. I ended up only applying to schools in my state for many reasons: weather, proximity to Silicon Valley for a few of them, perfect distance from home (not too far, not too close except for UCSD), and the cooperative attitude I found more in California schools than the ones on the East coast. I made sure to apply to two or three safeties, three or four match schools, and two reach schools. If I had not gotten into Stanford, I would’ve applied to Harvard and Yale. But I knew that if I got into either of those, I would choose Stanford because the cost would be the same.† astein, Stanford University ‘19 5. Sit in on a class If you have time, try to sit in on a class and get a feel for what college classes are like. Whether they are big lecture halls or small discussion classes, you’ll get a better sense of what best suits your learning environment. 6. Ask your parents for advice As a junior or senior in college, you’re bound to be distracted by social life on campus and specific perks that the college offers. This is when touring with your parents might be helpful. They have different priorities and can help pick up things you may have missed! Still need more advice on college tours? Here’s a list of questions to ask so you can find your best college fit. Make sure to browse through AdmitSee’s database of 60,000+ successful profiles to see essays, stats, and advice. See how they got in, and how you can too!

Fastenal Industry Situation Analysis - 15765 Words

1. INDUSTRY SITUATION ANALYSIS 1.1 Dominant Economic Characteristics of the Industry Environment †¢ Market size: The Industrial Distribution industry was estimated to be $400 billion in 2001, but the industry has many sub-industries within it (16). To name a few, Home Improvement revenues were $73 billion in 2003, $5.1 billion for the Building Materials Wholesale industry, $61 billion for the Electronic Wholesale industry, $10.4 billion for the Industrial Equipment Wholesale industry, and $211 billion for the Basic Materials Wholesale Industry (14). †¢ Scope of competitive rivalry: All of the top ten companies in the industry have a national impact with their companies, although some have expanded into small international ventures in†¦show more content†¦To the buyers, there is little difference in the products except for things like price or guarantees, etc. †¢ Scale economies: Large distributors have a better advantage negotiating with suppliers because they buy thousands of products in bulk. Market leaders have a huge competitive advantage because they get better prices; it is easier for scale of economies can be realized through acquisitions and mergers for larger companies because of their resource and financial strength. †¢ Learning and experiencing effects: Learning and experience effects are not a huge factor for products, but they are very important for service and e-commerce. Being able to keep up with and invent new and better services for customer is key o sustaining a competitive advantage. With e-commerce being so recent and innovative, learning and experience effects with internet operations are to be expected and anticipated. Companies within the industry must continually stay on top of shifting customer needs and concerns in order to continue growing and retaining its customer base. †¢ Capacity utilization: Capacity utilization is on of the factors that the level of activity in the industrial construction market depends on (3). The capacity utilization for the construction industry, machinery, and other related industries related to industrial distribution range between 80 and 90 percent, with an overall average of 82.9% (2). There is a common belief by economists when utilization rises aboveShow MoreRelatedBaby Rampers3956 Words   |  16 Pageschildren who don’t get much time from their parents. All through this report/analysis we will be discussing the whole concept of Baby Rompers. We will analyze and explore the market, the customer, our service type, its strengths and weaknesses, its probable competitors and last but not least, our goals and objectives. The Situation analyses (e.g. SWOT analysis, competition and market share analysis and the Macro factor analysis), Objectives, Strategies, Action Program, Financial projection, the Implementat ionRead MoreInvestment and Economic Moats46074 Words   |  185 Pagesany implied warranties of merchantability or ï ¬ tness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of proï ¬ t or any other commercial damages, including but not limited to special, incidental, consequential, or other damagesRead MoreValue Line Publishing, October 200213010 Words   |  53 PagesValuation and Analysis of Home Depot Inc. Gracie Quintana Jeff Miller Christine Kyrish Steven Poon December 6, 2004 1 Table of Contents Financial Data Snapshot I. Overview of Valuation II. Business Summary Products and Services Competitors Industry Analysis Competitive Strategy III. Accounting Analysis Accounting Policies Degree of Accounting Flexibility Accounting Strategy Quality of Disclosure Quantitative Analysis Red Flags IV. Ratio Analysis and Forecasts Ratio Analysis Section Financial

The Pirate Hunters

During the Golden Age of Piracy, thousands of pirates plagued the seas from the Caribbean to India. These desperate men sailed under ruthless captains like Edward Blackbeard Teach, Calico Jack Rackham and Black Bart Roberts, attacking and pillaging any merchantman unfortunate enough to cross their path. They did not enjoy complete freedom, however: the authorities were determined to stamp out piracy in any way they could. One of the methods was the employment of pirate hunters, men and ships specifically chartered to hunt pirates down and bring them to justice. The Pirates Pirates were seamen who had tired of the harsh conditions on board naval and merchants vessels. The conditions on those ships were truly inhuman, and piracy, which was more egalitarian, appealed to them greatly. On board a pirate ship, they could share more equally in the profits and they had the freedom to elect their own officers. Soon there were dozens of pirate vessels operating all over the globe and particularly in the Atlantic. By the early 1700s, piracy was a major problem, particularly for England, which controlled much of the Atlantic trade. Pirate vessels were swift and there were many places to hide, so the pirates operated with impunity. Towns like Port Royal and Nassau were essentially controlled by pirates, giving them the safe harbors and access to unscrupulous merchants they needed to sell off their ill-gotten loot. Bringing the Sea-Dogs to Heel The government of England was the first to seriously try to control the pirates. The pirates were operating out of bases in British Jamaica and the Bahamas and they victimized British ships as often as those of any other nation. The English tried different strategies to get rid of the pirates: the two that worked the best were pardons and pirate hunters. The pardons worked best for those men who feared the hangman’s noose or wanted to get out of the life, but the true die-hard pirates would only be brought in by force. Pardons In 1718, the English decided to lay down the law in Nassau. They sent a tough former privateer named Woodes Rogers to be Governor of Nassau and gave him clear orders to get rid of the pirates. The pirates, who essentially controlled Nassau, gave him a warm welcome: notorious pirate Charles Vane fired on the royal navy ships as they entered the harbor. Rogers was not intimidated and was determined to do his job. He had royal pardons for those who were willing to give up the life of piracy. Anyone who wished could sign a contract swearing to never again return to piracy and they would receive a full pardon. As the penalty for piracy was hanging, many pirates, including famous ones like Benjamin Hornigold, accepted the pardon. Some, like Vane, accepted the pardon but soon returned to piracy. The pardons took many pirates off the seas, but the biggest, baddest pirates would never willingly give up the life. Thats where the pirate hunters came in. Pirate Hunters and Privateers For as long as there have been pirates, there have been men hired to hunt them down. Sometimes, the men hired to catch the pirates were pirates themselves. This occasionally led to problems. In 1696, Captain William Kidd, a respected ships captain, was given a privateering commission to attack any French and/or pirate vessels he found. Under the terms of the contract, he could pretty much keep the spoils and enjoyed the protection of England. Many of his sailors were former pirates and not long into the voyage when pickings were scarce, they told Kidd that he had better come up with some plunder†¦or else. In 1698, he attacked and sacked the Queddah Merchant, a Moorish ship with an English captain. Allegedly the ship had French papers, which was good enough for Kidd and his men. However, his arguments did not fly in a British court and Kidd was eventually hanged for piracy. The Death of Blackbeard Edward Blackbeard Teach terrorized the Atlantic between the years of 1716-1718. In 1718, he supposedly retired, accepted a pardon and settled down in North Carolina. In reality, he was still a pirate and was in cahoots with the local governor, who offered him protection in exchange for part of his loot. The Governor of nearby Virginia chartered two warships, the Ranger and the Jane, to capture or kill the legendary pirate. On November 22, 1718, they cornered Blackbeard in Ocracoke Inlet. A fierce battle ensued, and Blackbeard was killed after taking five gunshot wounds and twenty cuts by sword or knife. His head was cut off and displayed: according to legend, his headless body swam around the ship three times before sinking. The End of Black Bart Bartholomew Black Bart Roberts was the greatest of the Golden Age pirates, taking hundreds of ships over a three-year career. He preferred a small fleet of two to four ships that could surround and intimidate his victims. In 1722, a large warship, the Swallow, was sent to get rid of Roberts. When Roberts first sighted the Swallow, he sent one of his ships, the Ranger, to take it: the Ranger  was overpowered, out of sight of Roberts. The Swallow later returned for Roberts, aboard his flagship the Royal Fortune. The ships began firing on one another, and Roberts was killed almost immediately. Without their captain, the other pirates lost heart quickly and surrendered. Eventually, 52 of Roberts men would be found guilty and hanged. The Last Journey of Calico Jack In November of 1720, the Governor of Jamaica got word that notorious pirate John Calico Jack Rackham was working the waters nearby. The governor outfitted a sloop for pirate hunting, named Jonathan Barnet captain and sent them off in pursuit. Barnet caught up with Rackham off of Negril Point. Rackham tried to run, but Barnet was able to corner him. The ships fought briefly: only three of Rackhams pirates put up much of a fight. Among them were the two famous female pirates, Anne Bonny, and Mary Read, who berated the men for their cowardice. Later, in jail, Bonny allegedly said to Rackham: If you had fought like a man, you need not have hanged like a dog. Rackham and his pirates were hanged, but Read and Bonny were spared because they were both pregnant. The Final Battle of Stede Bonnet Stede the Gentleman Pirate Bonnet wasnt really much of a pirate. He was a born landlubber who came from a wealthy family on Barbados. Some say he took up piracy because of a nagging wife. Even though Blackbeard himself showed him the ropes, Bonnet still showed an alarming tendency to attack ships he could not defeat. He might not have had the career of a good pirate, but no one can say he didnt go out like one. On September 27, 1718, Bonnet was cornered by pirate hunters in the Cape Fear inlet. Bonnet put up a furious fight: the Battle of Cape Fear River was one of the most pitched battles in the history of piracy. It was all for nothing: Bonnet and his crew were captured and hanged. Hunting Pirates Today In the eighteenth century, pirate hunters proved effective at hunting down the most notorious pirates and bringing them to justice. True pirates like Blackbeard and Black Bart Roberts would never have given up their lifestyle willingly. Times have changed, but pirate hunters still exist and still bring hard-core pirates to justice. Piracy has gone high-tech: pirates in speedboats wielding rocket launchers and machine guns attack massive freighters and tankers, looting the contents or holding the ship ransom to sell back to its owners. Modern piracy is a billion-dollar industry. But pirate hunters have gone high-tech as well, tracking their prey with modern surveillance equipment and satellites. Even though pirates have traded their swords and muskets for rocket launchers, they are no match for the modern naval warships which patrol the pirate-infested waters of the Horn of Africa, Malacca Strait and other lawless areas. Sources Cordingly, David. Under the Black Flag New York: Random House Trade Paperbacks, 1996 Defoe, Daniel. A General History of the Pyrates. Edited by Manuel Schonhorn. Mineola: Dover Publications, 1972/1999. Raffaele, Paul. The Pirate Hunters. Smithsonian.com.