Tuesday, May 26, 2020
Technology in Supply Chain Management at Cvs - 2184 Words
Technology in Supply Chain Management at CVS Strategic Supply Chain Management OSC300 University of Phoenix Technology in Supply Chain Management at CVS With more than 40 years of dynamic growth in the retail pharmacy industry, CVS (NYSE:CVS), a $22 billion company, is the nations largest pharmacy retailer with over 6,200 stores in 38 states. CVS/pharmacy fills one of every eight retail prescriptions in America. Furthermore, their ExtraCare program boasts over 50 million cardholders, making it the largest and most successful retail loyalty program in the country. Both through acquisitions of other chains, and internal development, CVS has exploded in store count to become the nation s largest drug chain, supported by nineâ⬠¦show more contentâ⬠¦CVS, went live with JDA Software Group s Portfolio E3 private exchange solution following an implementation that lasted less than seven weeks, and the pharmacy has already begun collaborating with one of its largest suppliers in the health care industry. CVS expects to aggressively expand the CPFR program with other strategic suppliers. The CPFR program is instrumental to CVS corporat e mission to provide superior customer service as well as to deliver significant benefit to its suppliers, according to Leo Hartnett, vice president of efficient customer response at CVS. JDA s collaborative framework helps provide simplicity, security, accessibility and a proven methodology. As a result CVS has been able to rapidly adopt the principles of CPFR to achieve the supply chain benefits expected in a collaboration environment, assisted by a new data-driven inventory management system called AIM (Assisted Inventory Management). By strategically extending the collaborative opportunity to the right partners, CVS and its suppliers will achieve a [return on investment] that delivers unmistakable competitive advantages, JDA s Fred Baumann, senior director collaborative business solutions and member of the Voluntary Inter-industry Commerce Standards (VICS) Committee s CPFR advisory board.(Supply Demand Chain Executive Editorial Staff, 2005) As senior vice president of Supply Chain andShow MoreRelatedThe Stock Price Of Cvs1359 Words à |à 6 PagesThe stock price of CVS increased from $50.53 per share in year 2013 to $96.89 per share in year 2016. The upward trend in the stock price is showing evidence that top management creates shareholder value. Backing this up with the PEG ratio, which is the Price/Earnings ratio adjusted for future growth estimation. Investors are always looking for companies with good growth prospects selling at attractive prices. Read more: http://www.nasdaq.com/symbol/cvs/peg-ratio#ixzz40duIHLPJ Financial RatioRead MoreErp System in Cvs2342 Words à |à 10 PagesSystem in CVS Pharmacy ERP (Enterprise Resource Planning) software system aims in integrating the vital functions of an enterprise leading to a better communication and flow of data through the different units of an enterprise, regardless of their geographical locations. A standard ERP system constitutes of a software component, hardware infrastructure and a process documentation component. An ERP package integrates several functions like production, finance and accounts, supply chain management, assetRead MoreDesign Of Goods And Services1549 Words à |à 7 Pagesthe bottleneck so that the bottleneck only process good parts. Technological advancement and innovations have prompted companies like CVS to redesign their workflow spaces and workflow to accommodate their newly developed minute clinics or specialty clinics. The newly developed clinics which are currently providing faster, affordable, quality healthcare to the CVS customers has greatly enhanced the profitability of the company within the market . Managing Quality the quality of products for targetRead MoreSupply Chain Model Improves Relationship Management1695 Words à |à 7 PagesTargetââ¬â¢s Supply Chain In todayââ¬â¢s business world, gaining and maintaining a competitive advantage is key to longevity in business. The goal of a given business is to meet the expectations of its customers better than competitors whilst increasing revenue. Implementing an effective supply chain model can serve to increase efficiency whereas implementing an effective demand chain model improves relationship management. The purpose of this paper is to demonstrate an understanding of the supply chain and itsRead MoreThe Market For Reproductive Management Products1900 Words à |à 8 Pagesââ¬Å"Industry and Customer Value According to MedTech, (2015) the U.S. market for reproductive management products was estimated at more than $3.7 billion in 2013. This market, which includes a broad range of contraceptive drugs, contraceptive devices/implants, and fertility drugs, is expected to expand at a healthy compound annual growth rate of more than 7%, increasing by more than $1.5 billion over a span of 5 years. A recent report released by Grand View research stated that healthcare providerRead MoreInternational Business Environments Operations by Daniels Summary of Chapter 22262 Words à |à 10 PagesResource Management Practices in KSRM Steel Plant Limited. Md. Sazzad Bin Rashid Roll no: 296, 11th batch(9th) 2nd Semister, EMBA for Engineers,USTC. Abstract Human resource management practices are now considered as one of the key contributing factors to the success of an organization. The organizations are putting increased emphasis on the policies and practices of HRM to gain competitive advantage. Throughout the whole case study several HRM practices related to the supply chain departmentRead MoreCVS STRUCTURE2170 Words à |à 9 PagesDraw a chart of your organizations domain. CVS Pharmacy Specific Environment General Environment An organizations domain is the goods and services, and customers of the organization. Every organizational domain consists of a specific and general environment. In CVS Pharmacyââ¬â¢s specific environment are its suppliers and customers. In CVS Pharmacyââ¬â¢s general environment are governmental regulations, advancements in technology, and economic forces. Part B: List the organizationsRead More A Strategic Analysis of Walgreens and the Retail Drugstore Industry 17582 Words à |à 71 Pagesamong grocery, discount and mass merchandising chains, blurring of channels has occurred. This is due to stores selling an increasing variety of goods to try to broaden their customer base and provide ââ¬Å"one-stopâ⬠shopping. Many of these stores have added pharmacies as a source of convenience for their customers, and to increase store traffic, usually positioning the pharmacy in the back of the store. In response to this pressure, both independent and chain drugstores have greatly increased the varietyRead MorePharmacy Improvement Services at Cvs4539 Words à |à 19 PagesThe Service Process at (CVS) The process consisted of five basic steps (refer to Figure 1), the first being the drop off. A customer would drop off a script and write the requested pickup time on the script itself, then put it in a box that was divided into a number of slots. These slots were assigned to a specific time period and the tech would put the script into the slot corresponding to the hour before the desired pickup time. The busiest times at the drop- off were before work, lunchtime, andRead MoreWalgreens Strategic Plan2513 Words à |à 11 Pagesclinics and monitors the effectiveness of in-store displays to improve customerââ¬â¢s shopping experiences. 12 million people visit its website monthly 15. Example of Walgreens Website Capabilities Walgreens is the nationââ¬â¢s largest drugstore chain and 70% of the population lives within 5 miles of a store. As illustrated below, Walgreens saturates many neighborhoods throughout the country with its stores. The company is making the Walgreens experience the most convenient option for most people
Sunday, May 17, 2020
The Nuclear Theory Of The Atomic Theory Essay - 2134 Words
The Atomic Theoryââ¬â¢s Scientist are Mostly German Thomas Britton Kate Caufield New Albany Mr. Mumawââ¬â¢s 6th Period Chemistry Abstract The atomic theory has been worked on since around 400 BC. It is a theory that helps us to understand what everything in the universe is made of and what those particles are made of. It also helps us to describe the relationship between the sub-particles and how they may contribute to different aspects of the atom, like it s mass or charge. These atoms then go on to make up the elements on the periodic table which are combined in many different ways to form everything we can and can t see. Many great minds have contributed to the formation of the atomic theory over the years. Some scientist are more well known for work they did before or after their contribution, or are just more well known than others, but they all still assisted in the formation of the theory along the way. Some of these men include, Albert Einstein, JJ Thomson, and Erwin Schrodinger, who were very instrumental in progressing the way we look at the world today. The atomic theory is a theory that has been worked on since 400 bc. For a while the theory was left untouched by the scientific community until 1803 when John Dalton stoked the fire of scientific discovery, with his clarification of elements and compounds being two different combinations of atoms. The theory was then untouched for 83 years when E. Goldstein revamped the scientific communityââ¬â¢sShow MoreRelatedThe Nuclear Theory Of The Atomic Theory1363 Words à |à 6 PagesThe Atomic Theory The atomic theory is a fundamental scientific theory of the nature of matter, which states that matter is composed of discrete units called atoms, which came from the Greek word atomon, meaning ââ¬Ëuncuttableââ¬â¢. This theory was based on the concept that any given item in the universe could be broken down using pico- and femtometer atomic/subatomic/alpha particles. If this idea had never been composed, science would have suffered as a result and many scientists would not have beenRead MoreDemocritus of Abdera and the Discovery of the Atom700 Words à |à 3 Pagesscientists from the U.S detonate the first nuclear weapon, which unintentionally, later ushers in a cold war. After the cold war, the development of nuclear power leads to serious complications as several units fail, making people question its use in modern day society. Democritus of Abdera was a greek philosopher born around 460 BC, a cheerful and blissful man. He was one of the two founding fathers of the Atomic Theory. His thought process on the theory, was that matter was comprised of tiny buildingRead MoreThe Physics Of The Atomic Theory1404 Words à |à 6 Pagesthere was a conspiracy towards the atoms due to nobody actually seeing them. What part of the Atomic Theory did they investigate? Ernest Rutherford was responsible for a many different discoveries such as radioactivity and nuclear physics. He discovered alpha and beta rays, found the laws of radioactive decay, and identified alpha particles as helium nuclei. Most important, he postulated the nuclear structure of the atom this structure was known as Rutherford model. Rutherford overturned ThomsonRead MoreNuclear Proliferation : The United States1628 Words à |à 7 PagesAmin Anjedani International Relations Professor Manson 14 May 2015 Nuclear Proliferation The proliferation, or rapid increase in numbers, of nuclear weapons among states, has become an incredibly trying and pressing issue in our world today. Tensions between states that have nuclear capabilities are reaching all time highs and fingers are being pointed in every direction. However, the entire issue regarding nuclear proliferation begins with the United States. In 1945, World War II came to anRead MoreThe Science Of The Chemistry1035 Words à |à 5 Pagesand important people including explanations of key discoveries, ideas and their contribution to the accepted theories of today. By 1830 there were more than 50 elements known. In 1934 the element uranium, with atomic number of 92 was found. Democritus known as to how atoms were created. His ideas influenced on modern science and he is remembered for his formulation of the atomic theory of the universe. He found Aristotle to be the biggest contributor to discoveries in natural science. Democritusââ¬â¢Read MoreAtomic Bomb Dbq949 Words à |à 4 Pagesweapon, known as ââ¬Å"the atomic bomb,â⬠was used on the two Japanese cities: Hiroshima and Nagasaki, resulting in a death toll unprecedented by any military weapon used before and an immediate, unconditional surrender. Some historians believe President Truman decided to drop the atomic bomb in order to intimidate the Soviet Union whereas others believe it was a strictly military measure designed to force Japanââ¬â¢s unconditional surrender. In the Report of a Scientific Panel of nuclear physicists, some scientificRead MoreAlbert Enstein1246 Words à |à 5 Pagesthe universally accepted theory that light consists of smoothly oscillating electromagnetic waves. B ut Einstein showed that light quanta, as he called the particles of energy, could help to explain phenomena being studied by experimental physicists. For example, he made clear how light ejects electrons from metals. There was a well-known kinetic energy theory that explained heat as an effect of the ceaseless motion of atoms; Einstein proposed a way to put the theory to a new and crucial experimentalRead MoreOrigin of the Earth1741 Words à |à 7 PagesTHEORIES OF THE ORIGIN OF THE UNIVERSE 1. Steady State Theory #8211; based on the perfect cosmological principle that the universe looks the same from any location at anytime. This theory holds that the universe is unchanging, it has no beginning and no end. 2. Big Bang Theory #8211; presupposes that the vast universe grew out of something where all matter and energy were compressed to infinite density and heated to trillions of degrees (a beginning which was an immensely small particle of high-densityRead More The Discovery and Development of Nuclear Technology Essay1337 Words à |à 6 PagesThe Discovery and Development of Nuclear Technology Man has always been interested in how the world around him works. He wondered about the structure of matter,of which his world, as well as our world, is made up. Countless scientists have been pondering that same question ever since the beginning of time. In this paper you will read about just a few of the men and women that broke the ground for the nuclear technology of today. One of the first people to do this was a GreekRead MoreBiography Of Julius Robert Oppenheimer, An Artist And Julius Oppenheimer1114 Words à |à 5 PagesUniversity in England to study physics thus beginning his atomic research in the Cavendish Laboratory under J.J. Thomson. Then at the age of 22 he was invited to team up with Max Born at Gottingen University in Germany. There he developed the Born-Oppenheimer Method. This method was an important addition to the Quantum Molecular Theory. Quantum theory is the origin of modern physics that explains the behavior and nature of matter and energy on the atomic and subatomic plane. He left Gottingen in 1927 with
Friday, May 15, 2020
Counterfeiting A Controversial Issue For The Country s...
France Counterfeiting is a big, controversial issue for the countryââ¬â¢s apparel industry. Since the fashion industry began, counterfeiting has been an issue for the apparel industry worldwide. France is the strictest country against counterfeiting, ââ¬Å"where half the 8.9 million counterfeit articles seized in 2011, were luxury goodsâ⬠(Zanuso, 2012). Since Franceââ¬â¢s fashion industry is the most profitable business in the country, counterfeiting is problematic because it reduces profits, harms their economy, and it cost France thousands of jobs. It also cost France and other European countries millions every year. Since counterfeiting has been produced to resemble an original design, U.S. customs have had a hard time spotting the fakes. Counterfeiting is a multi billion-dollar industry which thrives on the illegal production, selling, and buying of counterfeit goods. The profits ââ¬Å"often support terrorist groups, drug smugglers, sex traffickers and street gangsâ⬠(Law, 2015). Since counterfeit goods are illegal, France imposes strict fines and even jail time for those who buy the goods. ââ¬Å"France increased the maximum fine for buying fakes to three times the retail price of the authentic productâ⬠(Frost, 2005). Besides fines, high-end fashion brands have taken it upon themselves to launch a poster campaign, in France, to stand up against counterfeiting. Seventy-five luxury brands teamed up to launch the campaign sponsored by Comità © Colbert, an an association to ââ¬Å"promote the concept ofShow MoreRelatedWhat Are the Impacts of Rfid in Oil and Gas Supply Chain Management?21195 Words à |à 85 Pagesmy knowledge and believes. Signed___________________________________ Justin Executive Summary One of the greatest phenomenon in business today is the zeal by companies, especially in the manufacturing and retail industry to gain competitive advantage through innovation and technology that can bring about reduction in cost and fast delivery while also monitoring product visibility in the supply chain. This can only be achieved if all the parties in the supply chainRead MoreInternational Management67196 Words à |à 269 Pageseconomies. Most countries and regions around the world are inextricably linked, yet profound differences in institutional and cultural environments persist. The challenges for international management reflect this dynamism and the increasing unpredictability of global economic and political events. Continued growth of the emerging markets is reshaping the global balance of economic power. Many emerging markets continued to experience growth during a period in which developed countries saw their economiesRead MoreMarketing Management 14th Edition Test Bank Kotler Test Bank173911 Words à |à 696 PagesDistribution management Answer: A Page Ref: 5 Objective: 2 Difficulty: Easy 3) Identify the correct statement about marketing management. A) It is primarily concerned with the systematic gathering, recording, and analysis of data about issues related to marketing products and services. B) It focuses mostly on monitoring the profitability of a companys products and services. C) It focuses solely on attaining an organizations sales goals in an efficient manner. D) It is defined as the
Wednesday, May 6, 2020
The Mass Decline Of Stakeholder Satisfaction - 1474 Words
1.0 KEY ISSUES The main issue that Lululemon is facing is the mass decline of stakeholder satisfaction, including customers and shareholders, associated with general public criticism regarding actions of the company prior to the recall of the Luon yoga pants and the management of damage control and the recall. Specifically, these criticisms were targeted at the quality of the Luon pants, the comments made by the company regarding the pants, the controversial advertisements in their stores, the alleged dishonesty of the company, and the values of the company that were publicized through these proceedings. Moreover, each of these factors in turn, as a part of the overall issue of stakeholder dissatisfaction with the activities and behaviour of the company, at the general time of the Luon pants recall helped to exacerbate the situation to the point where the stock prices fell significantly, the CEO of Lululemon resigned, and the company incurred heavy losses in the process of recalling the defective p ants. 2.0 ANALYSIS The company has arrived at a state that is attributed to a few factors, each of which reveal that the changing stakeholder values are not necessarily in line with the values that the controversy of the Luon pants has helped bring to the forefront of this discussion. These factors include quality control, business ethics, publicity and company values. 2.1 QUALITY CONTROL The first factor is the quality of Luon pants. The general consensus is that theShow MoreRelatedExamine the Key Influence on Operations Which Contributes to the Business Success1601 Words à |à 7 Pagesmarkets has allowed the stakeholders of the business to access to the numerous advantages of globalisation, such as the expansion through new markets. New Markets Billabong commenced with global expansion with the aim to increase revenue and profitability as their original domestic niche market became increasing hard to expand, as the surfing demographics geographically was limited to coastal areas. Today, Billabong is a major transnational surfing brand, producing mass customized outputs to meetRead MoreBusiness Analysis : Millicom Stakeholder Report1741 Words à |à 7 PagesMillicom Stakeholder Report 1.0 Introduction The unprecedented growth in trade, investment and technology over the last 50 years has led to the economic, political and cultural integration of the world that today we recognise as globalisation. The accelerated rate at of this process is having overwhelming consequences in the life of individuals, organisations, countries and the environment. Likewise, these forces are leading to a change in peopleââ¬â¢s sense of belonging, adding an additional senseRead MoreGoogle Inc. Is A Popular American Company Most Known For Its Robust Search Engine2629 Words à |à 11 PagesCalifornia. More than 70 percent of worldwide online search requests are handled by Google, placing it at the heart of most Internet usersââ¬â¢ experience (Britannica, Google Inc). This paper will cover the impact of Googleââ¬â¢s mission, vision, and primary stakeholders on its overall success; analyze the five forces of competition to determine how they impact the company; create SWOT analysis to determine their strengths, weaknesses, opportunities, and threats, discuss the various types of strategies the firmRead MoreBusiness Enviroment Unit 1 Task 12398 Words à |à 10 Pages Marks and Spencer PLC Introduction This assignment will focus on identifying the mission, values and key objectives of Marks and Spencer PLC and also access the influences of three of their stakeholders. It will also explain the responsibilities of the organisation and the strategies employed to meet them, overall showing a general understanding of the purpose of business of Marks and Spencer. Categories of Organisation Marks and SpencerRead MoreSwot Analysis Of Honda1603 Words à |à 7 Pagesthroughout the world (including North America, Europe, and Asia). A continued economic slowdown, recession and the sustained loss of consumer confidence in these markets, which may be caused by rising fuel prices or other factors, could trigger a decline in demand for automobiles, motorcycles and power products that may adversely affect Honda ââ¬Ës results of operations (Hu, B.2013).à Regulations regarding vehicle emission levels, fuel economy, noise, safety and noxious substances, as well as levelsRead MoreHow to Write an Ethics Case3509 Words à |à 15 Pagesinfluence of large corporations * Apply pressure on them to be more accountable to society * Government presence * Extent of government controls or influences of business varies over time * Large role for 40 years after WWII, decline since then What are the doctrines of incorporation and how are they relevant to the Canadian business system? * Concession doctrine * Incorporation was conferred by public act and could not be generated merely by private agreements amongRead MoreHow Has the World of Work Changed in Post-Fordism Era3142 Words à |à 13 Pagesdescription of Capitalism period which mainly is characterised by flexible production of non-standardized, better-quality goods embracing adaptability of production processes in harmony with the unpredictable nature of markets to meet customersââ¬â¢ satisfaction. The changes made in notion of improving the way things were done consequently changed organizationsââ¬â¢ systems and how people are managed inorder to materialize efficiency. Among commonly nominated factors that rationalize the shift towards Post-FordismRead MoreIkea Strategic Position3791 Words à |à 16 Pagestherefore giving them more of an opportunity to expand into different regions in Canada. If the outcome is to increase taxes on furniture into Canada, to decrease the amount of competition Canadian furniture manufacturers face, it would result in a decline in IKEAââ¬â¢s numbers as well as a lack of expansion for them into regions and territories. The outcomes of these types of political issues affect IKEAââ¬â¢s expansion plans in the companyââ¬â¢s global network. Another factor is the political uncertainty in placeRead MoreRiverview Medical Center ( Rrmc )2239 Words à |à 9 Pagesto their high birth rates taking place at the facility. However, ââ¬Å"females make up 54% of the population and males 46%â⬠(Wikipedia, 2015), indicating that RRMC may have a great service demand for gynecological services. Legal RRMCââ¬â¢s external stakeholders consist of the community, patients, MedKey System members, CMS, HMOs and any other private insurancesâ⬠(Richards Slovensky, 2004). ââ¬Å"One of the major constant struggles RRMCââ¬â¢s hospital administrators were facing was the low Medicare reimbursementRead MoreThe Ecotourism Industry Is Directed Towards Natural, Fragile And Relatively Undisturbed Environments3301 Words à |à 14 Pagessurrounding areas (Agrawal and Baranwal, 2012). Whilst eager tourists strive to see the untouched beauty of the natural world, the increased majority have caused a shift in what is now perceived as the mass tourism (Goodwin, 1996, Ziegler et al., 2012). 1.2 Benefits and Drawbacks Particular stakeholders can benefit from ecotourism, whether it be through raised awareness for the need for conservation or economical revenue for local communities, tourist companies and governments (Dodds, 2012). [National
Gross Domestic Product ( Gdp ) - 1695 Words
Gross Domestic Product (GDP) is a description of a nationââ¬â¢s production levels for a period of time, as well as a measurement of economic viability. It is calculated by adding the consumption, investments, governmental outlays, and net exports of a nation in either one year or a quarter. The different components of GDP are at differing levels in each nation. China and Germany, for example, have substantial net exports, and Singapore comparatively relies much more on government outlays to grow its economy. Although the latter uses more governmental outlays than most nations, all nations to some degree make attempts to alleviate economic downturns, as well as to maximize upward movement. Though there must be concern for issues such as the notorious crowding out effect, government activity is often the catalyst to dramatic changes in the economy. The previous example of China as an exporter is true, however it must be noted that it too relies heavily on government expenditures to create a stable economy that has the financial infrastructure to grow. As a matter of fact, all the Economic Tiger nations had to use government planning to change their course from being impoverished nations, to being financial hubs with much room for opportunity in the work force. Japan alone, would not have become the first industrialized nation without its use of public loans and active national bank. Since understanding a governmentââ¬â¢s ability to spend is important for an economy, it is critical toShow MoreRelatedGross Domestic Product ( Gdp )920 Words à |à 4 PagesGross Domestic Product (GDP) is an economic objective used to predict and measure economic growth and output. GDP is defined as the monetary value of all goods and services produced in an economy in one year. This includes manufactured and agricultural goods, as well as services such as hairdressing and plumbing. Gross domestic product can be measured for an economy is two ways, the expenditure method and the income method. Expenditure method: GDP= I + C + G +(X-M) I ââ¬â private investmentRead MoreThe Gross Domestic Product ( Gdp )974 Words à |à 4 PagesThe Gross Domestic Product (GDP) represents the monetary value of all the finished goods and services produced within a country s geographic borders in a determined period of time. It is used as a quantitative measure of the total economic activity of a nation, and it is usually calculated on an annual basis. The GDP can be determined in three different ways: output or production measure, income measure, and expenditure measure. In theory, it should all give the same number. The output or productionRead MoreGross Domestic Product ( Gdp ) Of A Nation949 Words à |à 4 PagesGross Domestic Product Gross domestic product (GDP) of a nation is comprised of four primary components. These components; consumption, investment, government spending and net exports are the measure of the monetary value of all the finished goods and services produced within a country s borders in over a given period of time. This can be broken down in any time frame but is normally used quarterly and annually. The GDP can be calculated as; GDP (Y) = consumption (C) + investment (I) + governmentRead MoreGross Domestic Product (GDP) of a Nation Essay889 Words à |à 4 PagesGDP Gross domestic product (GDP) of a nation is comprised of four primary components. These components; consumption, investment, government spending and net exports are the measure of the monetary value of all the finished goods and services produced within a countrys borders in over a given period of time. This can be broken down in any time frame but is normally used quarterly and annually. The GDP can be calculated as; GDP (Y) = consumption (C) + investment (I) + government spending (G) + netRead MoreGross Domestic Product ( Gdp ) Economic Statistics1141 Words à |à 5 PagesGross Domestic Product (GDP) economic statistics are one of the most closely watched stats throughout each country. In the charts listed above, the nominal GDP is greater than real GDP in each quarter of 2016 due to the nominal GDP reflecting current GDP at current price and real GDP reflecting current GDP at past year prices. Also, the chart reflects that the nominal GDP was greater than the real GDP for each q uarter of 2016 due to the value of the nominal GDP sub-categories (personal consumptionRead MoreHow Gross Domestic Product ( Gdp ) Is Calculated1444 Words à |à 6 PagesUS020C438A Principle of Economics Hayley Hart Professor Steven Drinkwater Describe how Gross Domestic product (GDP) is calculated; discuss how good a measure GDP is of a countryââ¬â¢s economic wellbeing. Gross Domestic Product (GDP) can be calculated in three ways, Income, expenditure and output methods. Mankiw and Taylor(2014) says that in the UK The Office of National Statistics produces a single measure of GDP to do this, three approaches are used (Income, Expenditure and Production) the equal amountRead MoreWhat Gross Domestic Product ( Gdp ) Is A Better Life? Essay867 Words à |à 4 Pagesmay know what gross domestic product (GDP) is. And most people think that if a country has a high GDP, it tells us the country is strong. High GDP countriesââ¬â¢ people have higher salary, higher material life, and more economic activity. However, it does not mean that high GDP countriesââ¬â¢ people have a better life. For example, most of high GDP countries have serious pollution problem. Therefore, they have to spend a lot of money on health care. Do they really have a better life? Also, GDP has advantagesRead MoreThe Gross Domestic Product ( Gdp )1802 Words à |à 8 PagesThe Gross d omestic Product (GDP) as per the definition found in research refers to the total market value of the total goods and services produced in the economy of The United States of America which are produced and serviced in a given financial year which may be produced in the boundaries of the nation. When transforming the GDP to real gross domestic product (RGDP), we adjust for the price changes, which may also be referred to as Inflationary pressures. This is because inflation or its oppositeRead MoreGross Domestic Product ( Gdp )877 Words à |à 4 PagesGross Domestic Product (GDP) is a measure of value of output; it also reflects the wealth of countries. It can be measured by the function Q = f (K;L): if we want increase the quantity produced (and the national income), we should increase the labour (workforce) ââ¬â represented by L ââ¬â and the capital (equipment such as factory or machinery) ââ¬â represented by K. The value and volume of output will grow up thanks to this to factors. For emerging countries, the issue is to find capital. They already disposeRead MoreTheu.s Gross Domestic Product ( Gdp )1695 Words à |à 7 Pages Analysis of U.S economy Changes in GDP The U.S Gross Domestic Product (GDP) in the first of 2016 increased by 1.1 percent as per chart below. Later in 2015 1.4 percent increase is realized, earlier in 2014 there is decrease in the GDP with consecutive increase in the other quarters of the year, in 2013 there is increase in all the four quarters as per the chart 1 below retrieved from bea.gov. Chart 1 Chart 2 From chart 2 the percentage increase has been almost equal only in 2013 ranging
Bop - Langston Hughes free essay sample
In Bop by Longboats Hughes, the narrator describes Bop as Be-Bop, the opposite of Re-Bop. The general idea of Be-Bop Is that It Is current, makes sense, what the colored boys play and that It Is authentic. This leads to Re-Bop having the definition of being white boys play, an Imitation, and complete nonsense. In Bop, a character by the name of Simple is stating his own theory on the origin of Be-Bop music to an unnamed narrator. Simple uses his somewhat ethnocentric views to help he unnamed narrator acknowledge more of the worlds current racial issues.Simple uses slang and a broken English dialect to help the unnamed narrator convey a greater sense of Be-Bop and how it relates to racial issues. In this two person dialogue between Simple and the unnamed narrator, the setting of their conversation is being held in an urban setting. Simple uses this urban setting to his advantage by speaking freely using slang and a broken English dialect knowing that the unnamed narrator would understand. We will write a custom essay sample on Bop Langston Hughes or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In order to transfer the point to the named narrator, Simple uses a type of language which they are both familiar with.Similes point Is that Re-Bop and Be-Bop are not the same. The composure of the dialogue allows for Hughes to use Simple to broadly convey his thoughts to the unnamed narrator or his audience through a casual manner. Not only does Simple use slang and a broken English dialect to convey the racial issues to the narrator, but he also uses a humorous tone in order to grab the attention of the narrator. Although Simple brings the unnamed narrators attention toward African American culture, Simple only focuses on one aspect of it.Simple focuses primarily on the racial issue of the culture. This humorous tone allows for Simple and the narrator to be at ease with each other. Every time a cop hits a Negro with his Billy club, that old club says, Bop! Bop! (Hughes 1). This example provided by Simple, allows him successfully inform the narrator with the racial issue through a humorous tone while not depreciating Its significance. In order for Simple to transfer his Idea of racial Ideas to the unnamed narrator, he uses the context of the music Bop. Simple Is able to provide the narrator with an example of how Bop Is Like how an African American is getting beat up. Simple uses the sounds of jazz to represent the horrible racial issue that is happening during the time. An example of jazz sounds would be Old Cop just keeps on, Mop! Mop! Be-Bellhop! (Hughes 1). Be-Bop represents the police brutality that the African Americans were facing at the time. All in all, Simple uses several techniques to help the unnamed narrator understand the racial issues. Hughes purposely did not mention the name of the narrator or his ethnicity for a season. Somebody upstairs in Similes house had the combination turned up loud with an old Dizzy Gillespie record spinning like mad filling the Sabbath with Bop as I passed. (Hughes 1). Perhaps by starting off the story with someone unnamed, Hughes was trying to let the reader fill in the character and get their own understanding.
Tuesday, May 5, 2020
Divergent Evolution of English Property Law
Question: Discuss about the Divergent Evolution of English Property Law. Answer: Introduction: Maria, after her divorce, bought Trafalgar house in March 2015. She was registered as the sole legal owner of the property. She shifted to the house with Philip who paid an amount of 75000 as the purchase price of the house against which an express trust was created confirming Philips interest. On 6 March 2016, Maria leased an extension to the property to Saeed that was to commence on 5 August 2016 and was to last for one year. Davinia, neighbor of Maria claims that on 28 March 2016 she was given easementary right over the back of Marias garden. Then, Hillary, Marias friend claims that Maria entered into a contract to sell the house to her on 15 April 2016. On 4 July 2016, Maria sold the house to Kenneth in the absence of Philip who was in South Africa at the time of sale. In English Law, when more than one person owns a land, the ownership of the land is acquired through a trust of the land. A trust of land distinguishes the lawful title of the land from the equitable ownership rights. The trustees hold the land on trust on behalf of the beneficiaries who are entitled to the rights of the equitable ownership. Co-ownership may be recognized as tenancy in common and joint tenancy. In case of joint tenancy, all the co-owners of the land own the entire property together. It includes the following four essential elements: Unity of possession- each owner is entitled to possess the entire property and cannot prohibit the other parties from any part of the property; Unity of title- the right to title of all the owners must be acquired through the same transaction. Unity of interest- the interest arising from the transaction is same for all the parties. Unity of time- all the parties acquired the interest at the same time. In tenancy in common, not all the tenants own the property, instead each of the tenants are entitled to their separate shares. As it is not feasible to divide the property among the tenants, they own their separate estimated shares to the property. In cases where there is a sole legal owner of the land but other people have contributed in the payment of the property, there still arises a trust even in the absence of a written declaration and such a trust is known as implied trusts. A trust can also arise in the form of an express trust constructive trust and resulting trust. EXPRESS TRUST - In English Law, an express trust is the declaration by the legal owner of a property that they hold the property on trust for particular beneficiaries. An express trust, in order to be valid must include these essential elements certainty of intention, subject matter and object. The importance of these conditions were recognized by Lord Langdale MR in the famous case of Knight v Knight where the principle was established that an express trust cannot be formed in the absence of these essential certainties. According to section 53(1) (b) of Law of the Property Act 1925, the declaration must be in written format and contain the signature of the legal person declaring the trust. It must include the material terms of the trust. In case there is no such document that creates a trust, the intention can be determined from the conduct or words of the parties. In Morice v Bishop of Durham, it is held that certainty regarding the object determines who the beneficiaries are so that the court can decree performance in favor of the beneficiaries. Moreover, each tenant under the tenancy in common, possesses an individual share in the property that is co-owned with the other tenant. The owners in a tenancy in common property are entitled to sell or mortgage their individual shares. However, all the co-owners are entitled to use the entire property irrespective of the percentage of shares held by them. The owners are not entitled to transfer or dispose of anything except their respective shares. The tenants in common can lease, mortgage, sell the property provided all the owners agree for the same. In the absence of such agreement the entire property cannot be sold or given or mortgaged by any one of the tenants. In case of sale, the new owner of the property under the tenancy in common agreement inherits all the privileges and the rights of the tenancy. The tenants in common, individually, cannot make any changes in the property without the consent of all the owners. When one of the co-owners of the property sales his individual interest in the property, it depends on the buyer whether to pay the market value after taking into consideration all the issues associated with the tenancy. Application In express trusts, the parties are at liberty to decide as to what extent they are entitled to the trust. The parties or tenants mention in the written document their respective shares in the payment of the property and set out other conditions relating to the sale of the trust property[9]. However in this given case, an express trust has been drawn against Phillip but the extent to which both Maria and Philip is entitled to the trust is not mentioned. The written declaration must include the extent of shareholding of each tenant as held in the case of Goodman v Gallant. However, in the absence of any express trust or in case the parties fail to declare their extent of entitlement to the trust, beneficial entitlement is implied from the conduct of the parties to the tenancy agreement. In this case, Maria and Phillip are parties or tenants in common to the property. Maria is not entitled to sell or lease the property without the consent of Phillip. Maria is entitled to sell or lease her undivided interest in the property, but in the given case, neither Maria nor Phillip has specifically mentioned the percentage of their shares in the property. However, in the absence of any such specification, the court usually assumes that the property is held in equal shares. Maria is alleged to have given easementary right of way to Davinia over her house garden. She is not entitled to give easementary right as her undivided interest is not specifically mentioned. Maria has sold the property to her Hillary, which is also not valid as she is not the sole owner of the property and being a tenant in common, she did not receive consent from the other tenant in common either. Further, she entered into another sale contract to sell the house with Kenneth, which is also not a valid sale contract because she has already sold the house to Hillary. Reference list Anderson, Jerry L. "The Divergent Evolution of English Property Law."ABA Probate and Property5 (2015). Bridge, Michael.Personal property law. OUP Oxford, 2015. Cross, Emma. "The Validity of Trusts: Is the Beneficiary Principle Still a Relevant Requirement."Exeter Student L. Rev.1 (2015): 28. Hudson, Alastair.Equity and trusts. Routledge, 2012. Morgan, Rachel. "The Difference between the Acquisition of Rights and the Quantification of Shares of Co-Ownership Interests in Land."Exeter Student L. Rev.1 (2015): 35. Penner, J. E. "The (True) Nature of a Beneficiarys Equitable Proprietary Interest under a Trust."The Canadian Journal of Law and Jurisprudence02 (2014): 473-500. Penner, James.The law of trusts. Oxford University Press, 2016. Pettit, Philip H.Equity and the Law of Trusts. Oxford University Press, 2012. Sexton, Roger, and Barbara Bogusz.Complete land law: text, cases, and materials. Oxford University Press, 2013. Sitkoff, Robert H. "Trusts and Estates: Implementing Freedom of Disposition." (2014).
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