Valentines day writing paper
What Topics Should You Include When Writing A Descriptive Essay On A Person
Sunday, August 23, 2020
Neolithic Pottery Essay Example For Students
Neolithic Pottery Essay Neolithic is of or identifying with the social times of the Stone Age starting around 10,000 B.C. in the Middle East and later somewhere else, portrayed by the improvement of horticulture and the creation of cleaned stone antiques. The Neolithic Period is additionally called the New Stone Age. Many water pots and fired figures were found in the remains of Neolithic culture plots of earth. Individuals of Neolithic occasions made numerous antiques that were representative of their lifestyles and culture, for example, water pots, fish, chasing and clinical articles. Out of the ancient rarities found from the Neolithic time frame, the fish is emblematic to me due to the occasions went through with my dad during angling trips. The Neolithic Period reached out from 10,000 B.C. to 3,000 B.C. It is likewise called the New Stone Age, and numerous new Advances and changes occurred in this time. In contrast to the traveling life of the Old Stone Age, the New Stone Age was the unfolding of settled life. Individuals lived more towards lakes and stream rather than caverns and tree trunks. The adjustment in condition prompted the difference in occupations, society, and culture. Neolithic ordinary articles uncover that angling and chasing were the fundamental occupations of the individuals. Neolithic craftsmanship is spoken to by an enormous number of items found in confined regions in Eastern Europe, Siberia and Central Asia. Neolithic individuals finished earth water vessels in a wide assortment of ways that were enormous and beautiful. They likewise made bone, horn and wooden puppets of individuals and creatures. The Earliest Neolithic earthenware found in Siberia and Central Asia is like stoneware found in northern Britain, recommending that early Neolithic pioneer may have come to Ireland from northern Britain. The ceramics bowls were made by twisting curls of dirt around to shape the sides of the bowl, smoothing them, lastly terminating them on an open fire. After the creation of these vessels were aced, stoneware was improved with specks or lines in the outside of the earth. Neolithic individuals lived close to streams and lakes. The antiquities and life in the water became and significant piece of their lives by supporting them with food, purging and formal ancient rarities, for example, fish and shells. Angling was a significant activity, and lifestyle on the grounds that the bounty of fish took care of whole towns. The fish were acknowledged such a great amount to the Neolithic individuals that they started making mud fish, as an image for their lifestyle. Similarly as angling, and the method of the water profited the individuals of the Neolithic occasions, it likewise profited my dad and I. At once, my dad and I lived in a similar house without any issues, anyway we never had a nice discussion of life and love for each other. Despite the fact that I had no contempt towards my dad, I generally considered what my dad thought of me, and what's his opinion of my decisions throughout everyday life. It was my plan to have an excursion with my dad, without my stepmother, that would make us talk. Since I had never been angling I inquired as to whether he could show me how to angle. Since angling is a calm game, it gave us no explanation not to chat on the tranquil pontoon. After the principal angling trip, my dad and I started having quite a lot more to discuss. The angling trip was an angling trip, yet in addition a data meeting. In addition to the fact that I solved the issue of open correspondence with my dad, I likewise figured out how he felt on the achievements, and decisions that I was making throughout everyday life. .u7542fcfbc4656d66cbb508fb8cf1368e , .u7542fcfbc4656d66cbb508fb8cf1368e .postImageUrl , .u7542fcfbc4656d66cbb508fb8cf1368e .focused content territory { min-stature: 80px; position: relative; } .u7542fcfbc4656d66cbb508fb8cf1368e , .u7542fcfbc4656d66cbb508fb8cf1368e:hover , .u7542fcfbc4656d66cbb508fb8cf1368e:visited , .u7542fcfbc4656d66cbb508fb8cf1368e:active { border:0!important; } .u7542fcfbc4656d66cbb508fb8cf1368e .clearfix:after { content: ; show: table; clear: both; } .u7542fcfbc4656d66cbb508fb8cf1368e { show: square; progress: foundation shading 250ms; webkit-change: foundation shading 250ms; width: 100%; obscurity: 1; progress: murkiness 250ms; webkit-change: mistiness 250ms; foundation shading: #95A5A6; } .u7542fcfbc4656d66cbb508fb8cf1368e:active , .u7542fcfbc4656d66cbb508fb8cf1368e:hover { darkness: 1; progress: haziness 250ms; webkit-change: mistiness 250ms; foundation shading: #2C3E50; } .u7542fcfbc4656d66cbb508fb8cf1368e .focused content zone { width: 100%; position: relati ve; } .u7542fcfbc4656d66cbb508fb8cf1368e .ctaText { fringe base: 0 strong #fff; shading: #2980B9; text dimension: 16px; textual style weight: striking; edge: 0; cushioning: 0; content embellishment: underline; } .u7542fcfbc4656d66cbb508fb8cf1368e .postTitle { shading: #FFFFFF; text dimension: 16px; text style weight: 600; edge: 0; cushioning: 0; width: 100%; } .u7542fcfbc4656d66cbb508fb8cf1368e .ctaButton { foundation shading: #7F8C8D!important; shading: #2980B9; outskirt: none; fringe sweep: 3px; box-shadow: none; text dimension: 14px; text style weight: intense; line-tallness: 26px; moz-fringe range: 3px; content adjust: focus; content improvement: none; content shadow: none; width: 80px; min-stature: 80px; foundation: url(https://artscolumbia.org/wp-content/modules/intelly-related-posts/resources/pictures/basic arrow.png)no-rehash; position: supreme; right: 0; top: 0; } .u7542fcfbc4656d66cbb508fb8cf1368e:hover .ctaButton { foundation shading: #34495E!important; } .u7542fcfbc4656d 66cbb508fb8cf1368e .focused content { show: table; tallness: 80px; cushioning left: 18px; top: 0; } .u7542fcfbc4656d66cbb508fb8cf1368e-content { show: table-cell; edge: 0; cushioning: 0; cushioning right: 108px; position: relative; vertical-adjust: center; width: 100%; } .u7542fcfbc4656d66cbb508fb8cf1368e:after { content: ; show: square; clear: both; } READ: NAPOLEON BONAPARTE Essay Paper Fish presently have a unique impact in my life. Each time I eat fish, it helps me to remember the achievement I made of setting up better correspondence with somebody I love. The angling trips even went the extent that me and my dad facilitating a major fish fry each late spring for companions and family members. The fish fry takes after a family get-together, in light of the fact that it brings each and every individual who goes to nearer together, restoring each year with another extraordinary story to tell.
Friday, August 21, 2020
An Interview with Publishizer Founder Guy Vincent
An Interview with Publishizer Founder Guy Vincent Putting Readers First - An Interview with Publishizer’s organizer Guy Vincent Crowdfunding is conceivably one of the advancements in distributing that is generally energizing to autonomous creators who are not kidding about their work. It flips around the conventional distributing model, with perusers essentially financing the books before they are distributed, and writers finding a crowd of people before completing the original copy. A year ago, we facilitated a captivating meeting with Maris Kreizman, from Kickstarter distributing, on how writers could utilize Kickstarter to, well†¦ â€Å"kickstart†their next book. Today, we’re meeting a littler player - however similarly as exciting!In the previous barely any months, we’ve been dazzled by the nature of the ventures on the Publishizer stage, just as the sums raised (investigate their â€Å"ended campaigns†here), so we’ve chose to meet the author, Guy Vincent. He’ll disclose to you similarly as valuable Publishizer can be for your next book!The print run of Mobile Ready, Publishizer’s first achievement storyDo certain classes work better than others on Publishizer?It’s still early days for our startup. We began concentrating on startup and business themes, since that’s the network where I had the most association with authors. At an early stage we pulled in cookbooks, children’s books an d a couple novels.We can see that business writers have a characteristic propensity to comprehend having an objective peruser, advertising plan and distributing methodology. Our business writers are making ready to assist us with building our own crowd, who we can in the long run help to bring them books in different classifications they may be keen on, for example, fiction.Our writers are urged to think about their book as a startup. That implies having an enterprising and inventive soul with regards to advancing their work, exploring different avenues regarding diverse promoting strategies and realizing what works best for their audience.Authors who have effectively finished a pre-orders battle on Publishizer can either go on to independently publish, or present their book proposition to customary distributers. Presently, on the off chance that you have cash and a built up peruser base, for what reason would you need to sign with a conventional distributer? What more can they offe r?Self distributing offers wondrous open doors for writers, in any case, it can likewise be tedious and a few writers may want to hand over their work to a distributer who can deal with the quick and dirty details.Publishizer assists writers with actuating and extend their current crowd, and distributers can possibly take the book to the following level through more extensive dissemination channels. There is likewise still an apparent believability to having a customary distributer. In the event that we can enable our writers to pull in the correct sort of distributer to bring their book higher up the worth chain, we’ll put forth a valiant effort to help this.You demand the significance of value spread workmanship, and state it ought to be left to the experts. Would you concur that the blast of independently publishing, where writers have constrained financial plans, is imperiling the nature of visual communication in books?We see a reasonable corresponding with writers who d emand top notch spread craftsmanship and the accomplishment of their Publishizer crusade. There are a lot of apparatuses and assets accessible to permit writers to get an expert looking intro page, without spending a lot (on the off chance that anything) upfront.After an effective preorders battle, with cash in the bank, we notice our writers who proceed to become blockbusters truly put resources into their altering and configuration, to make their book as well as can be expected be. Proficient quality altering and structure regularly doesn’t come modest, and this is the place preorders causes it feasible for writers to bear the cost of the best administrations for their book.I feel we’re heading into the brilliant period of independently publishing, where writers approach the world’s best altering, plan and promoting ability. Later on, books won’t act naturally published’, they’ll be the aesthetic making of journalists who enacted their cro wd, and employed the best ability to carry their vision to the real world. We trust Publishizer can be a piece of that vision.And we share that trust. You're the best for your time, Guy! Follow Publishizer and Reedsy on Twitter:â @publishizerâ and @ReedsyHQ Have you attempted a crowdfunding stage for a distributing venture? Do you likewise feel like we’re heading into the brilliant period of independently publishing? Leave us your musings, or any inquiries for Guy, in the remarks underneath!
Wednesday, July 8, 2020
7 Writing Troubles that Online Essay Editor Can Fix
BLOG In: Services People use online essay editor when they think they have some problems in their writing. There are also those who believe their papers to be good enough and dont use any essay editor online. As a result, the latter group of people fails to achieve certain goals with their writing. They skip using help of online essay editor not because they are so good at grammar and language, but simply because they are not aware of the array of errors their paper might have. Simple ignorance keeps them away from placing an order for professional online essay editor services. Today we will battle that ignorance by telling you about some major writing troubles that our essay editor online can fix. Star-Writers are leaders among online essay editor services. You can trust our editors and proofreaders to bring your writing to the new level. Writing Mistakes that Everybody Makes Everybody makes mistakes; even the best professional writers can occasionally oversee some grammatical or spelling errors in their writing. In addition, it is very hard to spot mistakes in your own writing, because after you looked at it so many times, your mind perceives it as it is and becomes unable to recognize writing mistakes anymore. Therefore it is crucial to get outsiders eye to revise your writing, especially if it is something so important like an essay or dissertation. Sometimes you may rely on your friend or relative to read your paper. Other times you may use an online grammar and spelling checkers. However, none of those options can ensure you the flawless, well organized paper. It is not because your friend is illiterate or online grammar check is bad. The problem with online machines is that they are only machines; they are unable to interpret the context and choose the right word and proper spelling. And your friend, who maybe has an A grade in English class, noneth eless is a not professional editor, he or she doesnt know what problems to look for and what kind of editing strategy to apply. All these issues can be resolved if you ask Star-Writers for their expertly assistance. Our company covers all types of writing services, such as revision, writing and rewriting, editing and proofreading. If you care about the positive results of your writing, then our company is the perfect place for you. And to help you to make the right decision, we will tell you all about the 7 types of writing troubles that you may encounter and the way Star-Writers can fix them. Typos. Typos are silly mistakes caused by our lack of attention and constant distractions we are bound to experience in the modern world with its mobile phones and social networks. Star-Writers know how typos can seep into your writing and stay unnoticed even by spell-checkers. There are two kinds of typos, those that dont look like a real word, and as a rule your word processor would underline them, and those that are spelled like some other word, subsequently your computer will not see it as a mistake. For example, in a rush it is so easy to write thought, instead of tough or through. These words have completely different meaning, even though each one spelled correctly and the best online spell-checkers will not underline them as errors. This is a situation where the help of our professional editor with sharp eye would be invaluable to you; Structure. In academic writing, structure is the king. Your ideas might be not so original, but if your paper is properly structured and free of grammar mistakes, then you can expect good grades and praise. All academic papers have certain strict requirements concerning the way they are structured. For example, each paragraph of an essay has its own purpose and must-have elements, such as topic sentence and supporting ideas. You can read some of our free samples of essays to see the proper structure and try to identify topic sentences. Star-Writers have a lot of experience in writing and editing academic papers, they know everything about proper way to structure your paper and will gladly help you to identify those structural elements and polish them to perfection; Grammar. When we think about editing, we think about grammar. Proper grammar is indeed a crucial element of any good writing, be it an academic paper or a business agreement. Correct grammar can save us from many uncomfortable misunderstandings. Each writer has his own set of particular mistakes he or she tends to make. Some people forget about subject verb agreement, others often misplace their adverbs. Whichever your common grammar errors are, Star-Writers will be able to fix them for a very moderate price; Style. Another main feature of academic writing is style or also called academic register. It is the language you use, the word choices and grammar constructions that are characteristic for academic papers. When you write an essay, you cannot use the same type of narrative as you do when chatting with your friends. However, not everyone has the necessary skills to feel this distinction between a daily and formal language. You are welcome to send your paper to our editors and they will rewriteyour words and sentences that would meet all standards of academic style; Formatting. An academic paper must always be properly organized and formatted in accordance with certain college requirements. It is not so difficult when you need to format a short essay, however, it is completely different matter with dissertation or research paper. Dissertation has a very complicated structure and must be organized strictly following certain guidelines. It takes a long time and a lot of effort to organize reference list, bibliography and other parts of dissertation. Nevertheless, Star-Writers can help you to save that precious time by doing the time-consuming and daunting task for you; Punctuation. There are some people who get hot flashes just from one thought about punctuation. If you and punctuation are not the best friends, our editors can reduce that tension and take care of your essays commas, semicolons and dashes. Moreover, if you order our editing services, you will be able to learn from your own mistakes. This is how it works after editing is done, you will receive your text document with track changes function on, so you will have a chance to see what was changed and thus improve your grammar knowledge; Spelling. Spelling can be a tricky matter, because sometimes it is impossible to spot if the word was spelled in the wrong way. For example, homophones can cause a lot of such confusions. In this case, online mechanical spelling checkers will be helpless, because they dont understand the meaning your text. Only professional human editor can analyze the context and spot the misspelled word. As you see, editing and proofreading involves so much more than just placing missed commas and fixing typos. It is a complicated and complex process that can be performed only by professionals with necessary experience, special skills and close attention to details. If you need such professional, you can find one in Star-Writers. And if you register on our web site right now, you will be able to receive a fabulous discount up to 20 % for your first order. Moreover, on our blog you can find a lot of helpful tips about writing, as well as amazing articles about some popular topics, which you can use as inspiration for your essays.
Tuesday, May 19, 2020
Research Proposal on Differences Between Total Patient Care and Team Nursing
Nursing is a very important field and plays the role of defining the treatment which is to be given to a patient. Many hospitals in the world are faced with dilemma of dealing and providing total patient care and team nursing. This paper seeks to address the above issues and it comes up with a proposal of analyzing whether total patient care and team nursing is effective or non effective. The objective of the research will be to examine the concepts total patient care and the factors associated with its use in the team nursing. Introduction When it comes to maintenance of health, it is the role of the nurses to engage the necessary mechanisms which shall be able to promote effective health in the society. It would thus be necessary to come up with all engagements capable of improving delivery of service and promote performance. There has been great advancement in the health care system in our society today than in the past years. The medical technology has made it possible to provide total nursing care and team nursing to patients in a way that they feel secure and comfortable. This means that an individual’s life can be prolonged and hence patients living with health issues and the persistent mental condition can live for an indeterminate time (Knin, 2001). This is thus a proposal which shall be concerned with coming up with a system for management and performance towards provision of the best strategic plan on use of Total patient care and team nursing. This means that the plan shall be able to come with succinct recommendations which can effectively be adopted, and by so doing be able to improve the kind of engagement and enforcement. This proposed study will enhance information derivation and give possible opinions and solutions which have the capability of improving health of sick patients and provide better nursing care. Problem Statement In provision of patient care, it is necessary to make sure all issues have been carefully considered. These range from personalized care, safety issues, security and ethical concerns. We usually have two kinds of care: one is provided by a single nurse to a specific patient, also known as total patient care, while the other is team nursing. When providing patient’s care, these two options are available. However, the two will not produce similar results at the end of the day. Therefore there is the need to undertake a research study and establish the best kind of care for patients. Significance of Study Once the appropriate patient care method has been established from the study, it will be possible for medical facilities and institutions to influence the kind and nature of patient care given by nurses. The ultimate goal of any nursing practice is to provide the patient with the right care and eventually restore his or her health back. This study will therefore establish and motivate the best patient care approach between the two. Literature review Over the past years there have been diverse developments in nursing care which have which have been aimed at promotion service delivery on the patients. When it comes to maintenance of health especially for the individuals under care, it is the role of the nurses and doctors to engage the necessary mechanisms which shall be able to promote effective health in the society. It would thus be necessary to come up with all engagements capable of improving delivery of service and promote performance. There has been great advancement in the health care system in our society today than in the past years. The medical technology has made it possible to keep individuals suffering from mental diseases in places that they feel secure and comfortable. This means that an individual’s life can be prolonged and hence patients living with the persistent mental condition can live for an indeterminate time. A successful nursing assessment with regard to total patient care and team nursing  leaves a feeling of value in the case of the nurse and in the end one is motivated by the encounters linked to symptom relief. Being the first stage of the nursing process, assessment is taken to be the initial stage where the nurse takes a holistic and complete nursing assessment concerning the needs of the patient, regardless of the very reason of encounter (Kaur, 2010). Total patient care is defined as a holistic nursing care which provides all necessary care to an ailing patient. The concept of team nursing involve the philosophy in which different group of professionals in the health sector work together to provide effective nursing care to patients. Like total nursing care, team nursing entails providing effective and comprehensive nursing needs to groups of patients. Total patient care and team nursing is very vital in the sense that it allows nursing and health institutions to provide all-inclusive and holistic nursing care with specialized teams that function at a high level of competence. Total nursing care entails a system that ensure nurses are available to provide all the needs a patient requires all the way from admission to discharge. This technique is effective in that the patient is able to build strong bond and confidence on the skills of the nurse assigned to him. This bond between the patient and nurse promote o fast rec overy and enhanced nurse-patient relationship. Major issue of total patient care and team nursing is that it’s very expensive. There is also lack of individual effort and lack of ability to communicate. Though it has many demerits and merits, the lesson people should learn is that total patient care and team nursing is vital and the personalized care of patients is infinitely valuable and it is not justifiable to treat them otherwise. Nurses have the duty of ensuring patients receive adequate care and treatment. Freedom and right to do things voluntarily is sacred and therefore each individual deserves respect and the notion behind seclusion should be reconsidered and reviewed (Slim, 2009). Objectives for the proposal To establish the best patient care between total patient care and team nursing. To act as guide for policy implementation for patient care To provide relevant information regarding use of total patient care and team nursing. To identify the current problems related with total patient care and team nursing. Research Methodology In order to ensure that the study will be conducted in a much intelligent manner, questionnaires will be used. These questionnaires will be pre-tested and as well as modified in an effective manner before starting the real field study and survey. Therefore, the research methodology will involve the use of two teams from the two types of patient care. Three groups for every team will be interviewed to come up with the rightful information about the nursing care practice. In that case, six nurses from each group will be interviewed through the use of questionnaires.  This is will be done by using a multi- care level aged care unit, a recovery ward and an acute unit in a large public hospital. Also, the questionnaires shall have to be coded, and data shall be analyzed through the use of SPSS computer software for analysis and interpretation (Sockett, 2005). This kind of analysis will also include a thorough comparison in the variance and the final analyzed data. It should be noted that some respondents shall be reached by the issuing of the questionnaires. Because of that, there will be the placing of the questionnaires through the internet. Through internet use, more and more individuals would be reached hence improving the quality of data that shall be obtained from the study. This would be able to give good information which would help in determining the major determining factors towards effective total patient care and team nursing (Gilbert, 2008). Data analysis and dissemination of findings. This study if approved, it shall be able to come up appropriate findings which shall be useful in ensuring that there has been the provision of the necessary modalities and engagements which shall be useful in encouraging the use of total patient care and team nursing. There shall be a production of a guide for policy which shall have to be adopted, and such shall be able to show the ability of the technique effectiveness. This shall be done by engaging the necessary engagement and mechanism which when adopted will lead to the realization of goals and objectives (Gilbert, 2008). Budget Expense Projected Amount ($) Personnel 5000 Equipment 10000 Purchase of Medicine 10000 Materials and Supplies 80,000 Consultant’s 20,000 Printing 500 Others 4500 Total direct cost 130,000 To obtain permission to conduct research on medical patients and their nest of kin will be grievous since the study will involve accessing of patient private files and ethically this will be against the medical policy of privacy and anonymity. Conducting interviews with colleagues and members of the public will raise the question of conflict of interest (Brian, 2009).  Discussion The research shall also adopt the use of focus group method in which the respondents shall be held in discussion on how to improve total patient care and team nursing, and ways in which it can be enhanced to meet global standards. This shall be done on arranged meetings in a month between a maximum of twenty respondents. In this way, the depth of information offered by a respondent will be of greater importance towards the development and promotion of effective nursing care to patients (Walker Avant, 1995). In order to analyse a qualitative data, the study shall adopt the use of cognitive mapping data displays. Data displays basically refer to how you will draw conclusions from your data. Such displays of organising information and viewing pictorial help in coming up with conclusive comments towards promoting effective total patient care and team nursing (Sunshine Coast Nursing, 2010). Conclusion Upon completion, this study shall be able to effectively establish the benefits of total patient care and team nursing. This kind of study and research is necessary in ensuring that appropriate engagements have been put in place which shall provide the necessary engagements which makes it possible to realize appropriate service delivery to patients and community at large. This study will provide the necessary protocols which address patient care n issues, and such would as well be worth adopting within any other organization or health facility within the world. Therefore, I believe the research study will be able to prove that team nursing is the best practice to provide the necessary care to the patient.
Wednesday, May 6, 2020
High Amount Of Stress Specially The University Teachers
Once believed to be a low-stressed profession, ‘teaching’ was the most pleasant occupation with less workloads and more flexibility. But today, studies reveal that the teachers undergo a high amount of stress specially the university teachers. Teaching is such a kind of unique profession in which the expectations of student’s guardians are very high regarding to the student’s educational progress, future carrier and about the establishment of the personalities of students along with education (Wilson, 2002). The present pilot study was conducted to identify the factors causing stress among the faculty of Graduate and Post Graduate colleges in Hyderabad, administering a questionnaire. A few coping strategies used by the faculty members to combat stress are also reviewed. Through the conclusions drawn from this study, it can be suggested that the management of the colleges should focus on three things, causes of stress, effects of stress and remedial measure s, to reduce the occupational stress of the faculty members. Care should be taken to identify the potential of the faculty members and recognize all of them to be equally important for the student development in particular and college development at large. This research is useful for not only the faculty members but also for the management and administration of colleges and for the students to some extent. Key words: Occupational stress, Causes of stress, Emotional stress, coping strategies, Stress management.Show MoreRelatedHigh Amount Of Stress Among Students1313 Words  | 6 Pagespleasant occupation with less workloads and flexibility. But today, studies reveal that the teachers undergo a high amount of stress specially the university teachers. 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Business Economics Business Economic Decisions
Question: Define the Business Economics for Business Economic Decisions. Answer: Introduction Economic models help us to better understand the how the different entities in the economy interact with each other and how they make their economic decisions. In any country economic issues occupy an important place in the lives of people. The governments follow policies that lead to the creation of more assets and employment. Moreover it creates more revenues by taxing different industries like tobacco industry. The government is also a consumer in some cases and would follow pragmatic economic policies in making purchases like defence equipment. 1: An economic model establishes a quantitative or logical relationship between two or more variables with the objective of explaining complex economic processes. In any economy scarce resources are used for production of goods and services (Baumol, and Blinder, 2012). There is interaction between the producers, consumers and government. This gives rise to many economic situations and models use mathematical techniques to explain such situations. Economic models are developed by collecting and analyzing data to discover patterns and understand in a better way how things happen in the economy. Thus economic models are of immense use as economies of the world have become very dynamic and unpredictable and important economic decisions have to be taken by governments, firms and consumers (Gans, Mankiw and King, 2011). Economic models are based on certain assumptions. The law of demand is a very important and popular economic model. According to this model, other things remaining the same as the price of a commodity rises, its demand would fall. On the other hand if the price falls the demand of the commodity would rise. This model is validated by the economic data collected over the years. Thus it is not enough to just generate an economic model, it has to be proved to be correct. The law of demand predicts the behavior of the consumers (Baumol and Blinder, 2012). There are many uses of economic models which are useful in academics for explaining complex economic situations to students. Further these models are useful in making economic policies, allocation of resources by firms and providing justification by government for adopting a particular economic policy. But it has to be understood that construction of economic models that can explain or predict economic behavior or developments is not an easy task. A large amount of data has to be collected which is accurate. Further advanced skills are required to analyze this data and arrive at correct conclusions. Generation of such models requires mostly quantitative and in certain cases qualitative analysis of data. The developments in the economic world are very complex and intricate. There are many forces interacting with each other in the market and different combinations can give rise to developments which are not sometimes explained or predicted by the existing economic models (Gans, Mankiw and King, 2011). These models have their limitations also because they are based on certain assumptions and approximations. But still the existing economic models have a very important role to play and the economists must continue to make efforts to develop better economic models that help different ent ities to understand how the economic forces work so that better economic decisions can be made which would benefit the society as a whole. 2: In Australia there are people who buy housing properties by taking loans and give them on rent. In many cases the interest paid on such loan in a year and other costs incurred on the housing property like maintenance charges are less than the rent received on that property in that year. This is a situation of negative gearing. In this case the owner of the housing property is making a net loss on the property for those years. Still people invest in such housing properties as the owner of the property expects capital gains in future by selling the property. The government of Australia, allows deduction of net loss on such properties incurred by owners every year from their incomes for the purpose of calculation of their income tax. Thus they have to pay lesser taxes. The idea is to ultimate promote employment by creating more demand for housing property. But this is criticized also as it reduces governments income. Moreover it is argued that it is only the big investors in the housing sector who benefit from this scheme and youngsters and first time buyers of housing property are driven out of the market due to high prices of property created by the speculation practices of big investors. Labour party of Australia has proposed to reduce this tax relief given to the property buyers by changing the negative gearing policy. If there is complete removal of this negative gearing, then it would have effect on the demand for housing property in Australia. In this case the law of demand and supply would apply (Besanko and Braeutigam, 2010). As the tax relief provided in the situation of negative gearing is removed, the demand for housing property would go down. The situation is shown in the diagram given below: Figure 1 : Effect of removal of negative gearing on demand for housing property It becomes clear from the above diagram that the price of the housing property is shown on the X axis and the quantity of housing property is shown on the Y Axis. D2 D3 is the demand curve showing the aggregate demand for housing property in Australia. SS1 is the supply curve showing the aggregate supply of housing property in Australia. In this case P1 is the equilibrium price. As there is a change in one of the factors other than price, that is, the taxation policy of the government, the demand curve shifts to the left and DD1 is the new demand curve. P is the new equilibrium price for housing property. It is estimated if the Labour Party proposal to remove negative gearing to a certain extent are implemented, then, growth in housing prices would slow down to an increase of 2.6% (Smh.com.au, 2016). Earlier in the Mckell Institutes forecast it was predicted that housing prices would grow by 3.9% under old rules of negative gearing, over the next 10 years (Switzer.com.au, 2016). Further a research by SQM shows Australian house prices would fall by a combined 4% over 2018, 2019 and 2020 (Domain.com.au, 2016). 3. The Australian government charges excise tax of $ 0.53733 per stick of cigarette (www.ato.gov.au, 2016). So the excise tax that the government would charge on a packet of 20 Cigarettes is 0 .53733 * 20 = 10. 74 dollars. In case the government of Australia increases the goods and services taxes to be paid by the sellers of tobacco products, it would lead to an increase in the prices of these products charged by the sellers from the consumers. This would lead to decrease in demand for tobacco products as shown in the figure given below: Figure 2 : Decrease in demand for tobacco products as taxes are increased In the figure given above DD1 is the demand curve. As the price of tobacco product is increased from B to A, its quantity demanded decreases from P to Q. In Australia if an entity produces or stores tobacco products then it must have an excise license and has to pay excise duty. Further if the business entity imports tobacco, then it has to pay custom duty. In August 1998, the Australian Government announced a 'per stick' tobacco excise system to replace the existing weight based system. The federal excise on tobacco was changed from bi-annual indexation based on the Consumer Price Index (CPI) to bi-annual indexation based on average weekly ordinary time earnings (AWOTE) in 2014. The excise rates on tobacco products charged by the Australian government are as follows: (www.ato.gov.au, 2016). Product Rate from 1 March 2016 Tobacco, Cigars, Cigarettes and Snuff In stick form not exceeding in weight .8 grams per stick actual tobacco content $0.53733per stick Other $ 671.68 per kilogram of tobacco content A goods and services tax is a tax levied by the federal government of Australia at the rate of 10% on the supply of many goods and services by entities which have been registered for the tax. Such tax is also to be paid on the sale of tobacco products in Australia. A business entity would include the goods and services tax in the sale price it charges for the product being sold by it. So ultimately the burden of the goods and services tax is passed on to the consumer. The Goods and Services Tax (GST) was introduced in Australia on 1st July 2000. Further if an individual imports tobacco products into Australia, then it has to pay custom duty. Price elasticity of demand measures the effect of a change in the price of a product on the quantity demanded of the product by the consumers (Besanko and Braeutigam , 2010). The price elasticity of demand is calculated by dividing percentage change in quantity demanded with percentage change made in the price of the product. Price elasticity of demand can be highly elastic or even inelastic. In case of price elasticity being highly elastic the proportionate change in quantity demanded of a product would be higher than the proportionate change in its price. In case of inelasticity, there would be no change in quantity demanded of a product in response to a change in its price. In Australia the number of people who smoke has been decreasing also due to the rising prices of tobacco products in the country. Thus the price elasticity of demand for tobacco products in Australia is significant. The producers of tobacco products have to be cautious when they decide to increase the prices of their products as this would lead to much lesser total revenues for them in future. The producers need to have specific information regarding the price elasticity of demand for their products if they want to forecast their total revenues and also set prices of their products. If the price elasticity of demand for a product is high, there would be a greater degree of change in total revenues of a firm if price is changed. In Australia the rising prices of tobacco products from local manufacturers has led to more illegal smuggling of these products from Asian countries which cost significantly less. The producers of tobacco products in Australia can reduce the price elasticity of demand for their products by through different measures like effective advertising and promoting brand loyalty among the consumers. They can make better products. 4: The Australian government has decided to give the contract for building twelve submarines to a French company. There were other firms also from different countries which had applied to the Australian government for the contract (Abc.net.au, 2016). There existed competition among the different manufacturers of the submarines and there are obviously other countries in the world which purchase such nuclear submarines. Thus there are a number of buyers and sellers of submarines in the world market. Moreover there is sufficient amount of product differentiation in this industry. This is a situation of monopolistic competition between the firms (Yourarticlelibrary.com, 2016). The Australian government wanted to take full advantage of this competition by buying submarines from only one of these firms. As one single contract for twelve submarines is a more lucrative and bigger contract, this would have meant that the companies were more willing to bring their price down to win the contract. Moreover they were more willing to make non price concessions in the form of the technology transfer, making the submarines in Australia employing Australian labour, etc. A manufacturing firm would enjoy economies of scale as it produces more and its operations become larger. There are internal and external economies of scale. The Australian government is in the process of developing infrastructure for shipbuilding in the country. Already things have been put in motion to manufacture frigates and patrol vessels in the area. As the French firm would make the nuclear submarines in Australia, the shipbuilding industry in Australia would develop and firms would enjoy many external economies of scale like improvement in transport and communication facilities, availability of specific machinery required for shipbuilding, technicians, etc (economicsonline.co.uk, 2016). Moreover by giving the contract of making all the twelve submarines to one company, the Australian government has provided the company an opportunity to enjoy economies of scale like using the same administrative staff for a bigger project, making bulk purchases and spreading its other costs over a bigger project with more returns for the company. All these factors must have been noticed by the French company and also other defence manufacturers. The figure given below shows how the average costs of a firm decline over a period of time as it enjoys economies of scale. But after a certain point there are also diseconomies of scale due to more complexity in operations. Source: Economicsonline.co.uk Figure 3 : Effect of economies and diseconomies of scale One another reason for the decision of the Australian government to award the contract for all the twelve submarines to French company only would be the security reason. If submarines were purchased from more companies then sensitive information relating to defence would have to be shared with more entities. Moreover by involving one company the work on the project would be faster and costs of coordination would be less even during the implementation. Conclusion The merit of an economic model also lies in the fact that how easy it is easy to understand and how far reaching are the implications of its predictions. It should provide a solution to existing problems. A producer has to be aware that there are different forces that exist in the market and these are capable of affecting the firms efforts to make more profits or rein in production costs. The economic policies of a country also sometimes change with the change in political power. References Abc.net.au, (2016). Australian Submarines To Be Built In Adelaide After French Company DCNS Wins $ 50B Contract. Available at: https://www.abc.net.au/news/2016-04-26/pm-announces-france-has-won-submarine-contract/7357462 (Accessed: 20 August 2016). Baumol, W. and Blinder, A. (2012). Microeconomics. 12th (edn.) United States Of America: South Western Cengage Learning. Besanko, D. and Braeutigam, R. (2010). Microeconomics. 4th (edn.) United States Of America: John Wiley And Sons. Domain.com.au, (2016). Federal Election 2016: House Prices To Fall, Rents To Rise Under Labour Negative Gearing Policy. Available at: https://www.domain.com.au/news/federal-election-2016-house-prices-to-fall-rents-to-rise-under-labor-negative-gearing-policy-20160621-gpoae4/ (Accessed: 19 August 2016). economicsonline.co.uk, (2016) Available at: https://www.economicsonline.co.uk/Business_economics/Economies_of_scale.html (Accessed: 20 August 2016). Gans, J. , Mankiw, G. and King, S. (2011). Principles Of Microeconomics. United Kingdom: Cengage Learning. Smh.com.au, (2016). Election 2016: House Price Growth To Slow Under Labours Negative Gearing Policy, Says Labour Think Tank. Available at: https://www.smh.com.au/federal-politics/federal-election-2016/election-2016-house-price-growth-to-slow-under-labors-negative-gearing-policy-labor-think-tank--20160526-gp4krp.html (Accessed: 19 August 2016). Switzer.com.au, (2016). Will Labours Negative Gearing Changes Crush House Prices. Available at: https://www.switzer.com.au/the-experts/peter-switzer-expert/will-labors-negative-gearing-changes-crush-house-prices/ - (Accessed: 19 August 2016). www.ato.gov.au, (2016). Excise Rates For Tobacco: Australian Government. Available at: https://www.ato.gov.au/business/excise-and-excise-equivalent-goods/tobacco-excise/excise-rates-for-tobacco/ (Accessed: 20 August 2016). Yourarticlelibrary.com, (2016). Seven Most Important Features of Monopolistic Competition. Available at: https://www.yourarticlelibrary.com/economics/7-most-important-features-of-monopolistic-competition/9154/ (Accessed: 20 August 2016).
Wednesday, April 22, 2020
Marriott Forecasting Essay Example
Marriott Forecasting Paper This case involves the study of the Hamilton Hotel and the use of forecasting to help predict their demand on a specific day. Marriott Hotels operated the Hamilton hotel. Marriott has been known for a culture that puts people first. Marriott is recognized worldwide for their enduring values, their spirit to serve, and their corporate commitment to creating better places to live and work. 1) Critical Issue: The critical issue is the manager has to choose either to accept up to 60 additional room reservations for Saturday or not. ) critical Facts: The hotel loses revenue if the room is vacant for one night. Customer service is a priority for Marmots hotel. Customers often cancel reservations in the last minute or they dont show up. Sometimes, customers stay in the hotel for an additional date beyond their original reservation. Sometimes, customers checked out early. Every Tuesday, the manager needs to prepare a forecast for the follow week occupancy for each day from Saturday to Friday . If the hotel meets targets for occupancy ND revenue, hotel managers will be reward for their performance. The hotel has 1877 rooms. On Tuesday, August 18, 1 987 the manager received a reservation request for up to 60 rooms from a tour company for Saturday August 22. Although 1 839 rooms were reserved already for Saturday. The contribution margin from a room was about 590. The cost for denial a room would be about twice the contribution figure. Frequent guests are the customers that stay more than 45 nights a year in the hotel. ) Analysis: In order to forecast the expected demand in the short term and make the eight decision for Snow either to accept up to 60 rooms, first we decided to look at the historical daily demand for the last 13 weeks and analyze the demand pattern. In graph 1, given data shows peaks and valleys, has no trend and shows seasonal variations in time series. It is difficult to forecast an accurate future demand for this data without using the seasonal forecasting method. Graph 1 When analyzing Pickup Ratio (Demand/Tuesday Bookings) for each Saturday, we can see that most ratios are less than 1. 00. We will write a custom essay sample on Marriott Forecasting specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Marriott Forecasting specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Marriott Forecasting specifically for you FOR ONLY $16.38 $13.9/page Hire Writer If reservation manager, Snow, decides to accept 60 rooms reservation from the tour company, she will overbook 22 rooms. As we know, 1839 rooms have been already reserved and she can give only 38 additional rooms. If she accepts 60 rooms reservation and there are no cancellations, she will have to accommodate additional 22 room requests providing with a comparable room in a different hotel somewhere in the city, transporting the quest, giving ratify such as fruit bucket. According to the text, if a customer is a frequent guest (Marquis cardholder), he or she would received $200 cash plus next two stays at the Marriott for free. Also, the approximate cost for denying a room is about $180. For 22 rooms it will be $3,960. If she decides not to overbook 22 rooms, she might be missing 22*90 = $1 ,980 Of revenue. Moreover, she might be losing an opportunity to establish a good relationship with the tour company, who may book steady numbers of 60 rooms on Saturdays in the future. This would generate additional profit, since we know from historical data that Saturdays are always under booked. Given a very low variable costs and marginal profit of 90$, it is a great opportunity for Snow to maximize profit during one of the slowest day of the week Saturdays (according to DOD indicator). However, she has to forecast demand for Saturday to make sure that she will have those rooms available. Denying a guest with reserved room can be very costly, especially for loyal customers and negatively reflect on hotels reputation. 4) Recommendations Effectiveness: We are recommending that the hotel accept the request from the tour company for up to 60 rooms. It was important for us to have the multiple forecasts and use the one with the lowest mean absolute deviation (MAD) before we made our decision. You Will see in the excel attachment that the seasonal forecast did in fact produce the lowest MAD and produced a forecast extremely close to the previous actual data. According to the seasonal forecast the hotel is expected to have 1,787 guests show up out of the 1,839 that were booked.
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