Friday, January 31, 2020

How to Care for a Dog Essay Example for Free

How to Care for a Dog Essay †¢Dog-Naming Tips Naming your pooch is a joyful task, but one youll want to put some thought into ahead of time. Both you and your dog will have to live with the name you choose for your entire time together. There are many ways to come up with appropriate dog names, including appearance, heritage, special characteristics, and behavior. We cover them all in this section. We will also tell you about some dog names and dog-naming mistakes you will definitely want to avoid. †¢Dog Supplies Think of how many personal items you have, and how many of them are indispensable to your health and happiness. Dogs require fewer accessories than us humans, but theirs are no less vital, and by selecting the proper items, you can improve your poochs health in ever regard. If youve ever ventured inside a pet store, you know how confusing it can be just picking out a collar or leash. We will cover all the basics like food and grooming accessories, as well as specialty items like a carrier. †¢Dog Feeding Nothing is more vital to the health of your dog than proper feeding. Dogs are eager eaters, and this is part of their charm. But it also means that you need to be well informed about what is will give a dog good health and energy and what could be bad for her, despite her willingness to try it out. Here are all the details, including several make-it-at-home recipes for delicious, nutritious and economical dog food. (We also answer the eternal question, Why do dogs eat plants?) †¢Puppy-Training Tips A new puppy can really melt your heart, but they can also be a handful. The sooner your pooch is accustomed to doing his business outdoors and on schedule, the better for all of you. Interestingly, this is made easier when correlated to the feeding schedule. There is more to training your puppy than housebreaking, however. You must also know the correct way to humanely discipline your new dog when he misbehaves. All the details of this crucial stage in your dogs lif e are in this section. †¢Dog-Grooming and Bathing Tips Dogs can get messy, and they dont naturally keep themselves quite as clean as wed like them to be as co-habitants in our homes. As the owner, proper grooming on bathing is your responsibility. But there is more to caring for your dog than simple bathing. You must also care for your dogs nails, teeth, eyes and ears. So in this section we cover key strategies for keeping your pooch clean and everyone happy. Well even tell you when its time to throw in the towel and seek the aid of a professional groomer. †¢Dog-Proofing Your Home Dog-proofing your home can be just as challenging as proofing your home for a child or for allergies. For instance, do you know which types of houseplants can be poisonous for dogs? You might also be surprised to learn that some of your favorite treats can really upset your dogs stomach. For everyones health and happiness, its vital to make your house safe for your dog and to train the pooch to respect the home, as well. In this section, we give indispensable advice for forging a good relationship between your pet and your residence. †¢Dog-Proofing Your Yard Most dogs spend at least a little time in the yard, but this congenial place poses its own challenges and dangers. First, you will need the right type of fence to keep your dog from roaming the neighborhood where he could possibly get injured or hurt others. We will examine the option of invisible fences and the so-called shock collars. Also, everyone needs a place to call home, and that includes your dog. Well tell you how to design and build the perfect doghouse. Learn how to keep both your dog and your yard safe and happy. †¢Dog-Identification Tips Nothing else matters when your dog is lost. Taking a few simple steps when she first comes home can save everyone heartache later. The right tag can get your dog back home where he belongs in a matter of hours. Here we discuss the best methods of providing identification for your dog. We will also discuss some identification options that you may not have heard of. Did you know that some pet owners tattoo their dogs with vital identification information? How about microchip implants? Regardless of the method you choose, we will also tell you how to register your dogs identification. Before you can really get to know yourdog, you have to give him or her a name. Move on to the first section for some tips on christening your new friend.

Thursday, January 23, 2020

The Trials of Odysseus of Homers Odyssey Essays -- Odyssey essays

The Trials of Odysseus   Homer's epic poem The Odyssey was written after his Iliad which told the tales of the Trojan War. This Odyssey told of the wanderings of a prominent warrior and ruler, Odysseus. Odysseus fought in the Trojan War and, after the Greeks claimed their victory at Troy, began his prolonged journey home. During his travels Odysseus faced many obstacles which he had to overcome. Through his wanderings, Odysseus had to prove his valor, intellect, and determination. Incorporated into The Odyssey are many current-day characteristics of man including a constant dependence on others, the presence of a greater vision, or lack there of, and the essence of a sensitive side behind courage and pride. At times throughout The Odyssey Odysseus didn't think about the consequences of his actions and depended on guidance from the gods to help lead him in the right direction. Odysseus was quick to take action and occasionally made poor decisions that were bound to harm him. Odysseus was eager to fight, even if he had little chance of survival. His impulsiveness resulted in Athena coming down from Mount Olympus to warn him saying "Foolhardy man! Still bent on war and struggle! Will you not even yield to immortal gods? This is no mortal being, but an immortal woe, -dire, hard, and fierce, and not to be fought down. Courage is nothing; flight is best" (116). Odysseus didn't know when to run and leave a situation and when to face and fight. He believed that his courage would pull him through to victory, even against a goddess. Without Athena's wisdom, Odysseus was sure to meet his doom because there was no way that he could defeat the goddess Charybdis. Odysseus not only depended on immortals to get him out of a mess, b... .... He felt comfortable showing this side because he knew that she wouldn't laugh at him, but would be understanding because she felt the same as he did; they both longed for each other. The Odyssey involved many current-day characteristics of man including a dependence on others, the existence of a greater vision, or lack of it, and asensitive side found behind courage and pride. Today people still face these problems and must work to overcome them. Man must learn to survive on his own determination and strengths instead of others. Man must also learn to see a greater vision and look at the big picture rather than the moment. Lastly, man must decide with whom he wants to share his feelings of fear, love, and despair so he can experience a greater fulfillment in life. Works Cited: Homer. The Odyssey. Trans. Robert Fitzgerald. New York: Vintage Books, 1962.

Wednesday, January 15, 2020

Critically Evaluate the Management Model of Baumol

Under the traditional economic understanding, it is always assumed that profit maximization is treated as the main goal or objective for businesses, subject to perfect knowledge, single entity and rational logic. However, as illustrated by the principal-agency problem, managers do not usually make rational decision entirely like owners who take company interest as their sole basis for their decisions. Past examples have shown that managers do take their own personal goals and satisfactions as consideration in their decision-making. In addition, information gathering is not always perfect as managers do make decision by relying solely on the implicit knowledge gained from past experiences, without referencing to the macro-economic environment and the current market changes. Combining all these factors, it is therefore understandable that businesses do not always work toward profit maximization, at least in the short term, and other objectives like financial objective, market share, executive power, etc. do involve in business decision making. However, as pointed out by various academics (Baumol, 1962; Marris, 1964; Williamson, 1963), profit maximization does not always serve as the only correct objective for a firm, especially at various phrases of the business on a timeline scale. A point-in-hand is Baumol model. As an alternative to profit maximization model, Baumol model works on the correlation between price and output decision with the objective of maximizing sales revenue, subjected to minimum profit constraint by shareholders. In profit maximization model, profit is maximized at the output where Marginal Revenue (MR) is equaled to Marginal Cost (MC) whereas Baumol Model emphasizes on maximizing sales revenue (TR) and may miss the MC = MR point to achieve its goal. This model argues that businesses try to maximize sales revenues rather than profits with the possible motives such as growing or sustaining market share, to fill up spare capacity, discourage new entrants, management performance and etc. In addition, Baumol model provides a platform to understand some of the pricing strategies adopted by certain industries, which usually share common characteristics of having huge sunk cost and low variable cost. In such industries where fixed cost or sunk cost takes up a huge part of the total cost, producing a single unit and its maximum allowable output (without expanding its capacity in the short term) does not have any significant impact to the total cost. In such instances, profit maximization model is neither practical nor feasible as a focus of the model relies on seeking the output point where MC=MR. In the case of Walt Disney, the operational cost does not differ much whether there is one patronage or maximum allowable patronages as a theme park has to be fully functional during its operation hours, which render the MC at zero or near zero level. The objective of the company to seek sales revenue maximization for the day rather than focusing its effort to achieve the output point where MC=MR to maximize its profit does make sense. This explains the two-part pricing strategy adopted by Walt Disney where a fix initialization fee per entry is charged and allows the patronage to have as many free rides as they wish. Another example is the telecommunication industry, where the initial investment/fixed cost (for example launching the satellite and setting up the infrastructure) is huge, and the variable cost per call is insignificant to the total cost. In such industry, firms will focus on maximizing sales revenue (with constraints to maximum capacity/output) by using strategies like price discrimination strategy. In this strategy, the firms charge a different unit price to peak and off-peak hours, as there is plenty of spare capacity at off-peak hours. Since MC of output is low, any additional revenue that can be generated from this surplus capacity will be profit to the firms. As such instance, it is rational for telecommunication industrial to adopt sales maximization model like Baumol. In addition, as short term capacity is always constraint and limited, telecommunication industries would not want to experience loss sales due to their inability to meet customer demand, especially during peak hour usage. As service providers, consistent and frequent service failure could prove to be fatal in term of their survival and their long-term brand reputation. Therefore it would make sense for telecommunication firms to divert the peak-hours traffic into non-peak hours by using a price discrimination strategy which segments the users based upon their willingness and abilities to pay. For instance, business-users are willing to pay higher price for peak-hours usage due to their inelastic demand whereas in contrast, leisure-users’ demand is elastic and are willing to make call during off-peak hours in return for lower price. By adopting the price discrimination strategy, telecommunication firms are able to maximize sales revenue during peak and off-peak hours by balancing the air-time traffic based upon different market segment of users. At this point, it is also noticeable that one of the characteristics of Baumol firms lies in the perishable products/services offered which cannot be inventoried. The loss sale of the day on the unutilized capacity/outputs is an opportunity cost to the firms. Baumol model is not only applicable to huge/large corporations, but also to small retailers like bakery shop or wet market, which explains the reason why some bakery shops offer a special discount one hour before the shop closed to maximize the revenue. The rationales applied similarly to the low cost carriers (LCC) where price discrimination is used as a strategy to maximize revenue. LCCs sell a cheaper price to early booking passengers and a higher price for last minute passengers to increase the revenue. LCCs used the existence of multiple segments to serve and the opportunity to utilize surplus capacities to generate additional revenue. The adoption of sales revenue maximization model is also used as an effective way of securing additional market share within a regulated market with limited players where market dominance is vital. In related to pricing, add-on product/services like travel insurance, priority boarding and choosing-a-seat are used as bundled offering to the customer to gain extra profit. Firms are willing to earn a smaller profit if it means that they are able to gain a competitive advantage from their rival firms. As an illustration, Fitness club is a good example to elaborate how Baumol model is applied through adopting different pricing strategies. The reasons behind Fitness Club in adopting Baumol model include penetration to new market segments, retaining existing customer and to fill up spare capacity. True Fitness, which is a chained fitness centre, is effectively using Baumol model by offering different pricing strategies to capture different market egments, for instance, offering monthly fees to uncertain-customer and yearly/lifetime membership to certain-customer. Two types of pricing strategies are used by True Fitness to maximum its sales revenue, which are:- i)Two part pricing ( lifetime membership) The company offers a lifetime membership at ? 1. 5K as one-off payment and charges a minimal price of ? 20 yearly as administration/subscription fee. By payi ng a lifetime membership fees as fixed price, the customers are able to enjoy the facilities for life for as low as ? . 67 per month, which no other rivals is able to compete with this low price. As per other industries discussed above, fitness clubs have the similar characteristic like high initial set up cost and low marginal cost to adopt the Baumol model. The company charges an upfront fee to gain maximum consumer surplus and utilizes the yearly subscription fees, which is equaled to the marginal cost/average variable cost, to cover its yearly running costs. In addition, in order to adopt the two-part pricing strategy to maximize sales revenue, the company needs to have a minimum output (also known as critical mass), so that the full consumer surplus can be derived from the fixed fees. For example, if the yearly running cost (without considering the depreciation cost of the initial set up) is ? 200,000, in order to offer a yearly subscription fee of ? 20, the company needs to have a minimum membership of 10,000 in order to reduce the average variable cost/marginal cost to this level. By adopting Baumol model, which gives a higher output with lower price, this is achievable. This pricing strategy is also applicable to other chained-companies where the firms can derive the maximum profit from the fixed fee and use it as capital/investment to set up a new chain store. At the same time, individual chain store is able to run by itself from the revenue derived from the minimal pricing. ii)Price discrimination ( monthly membership vs. lifetime membership) True Fitness segments their customers into certain and uncertain customer by ffering different pricing to monthly and lifetime membership. The club is willing to offer a lower price to customers who are willing to commit, in comparison to uncertain customers. As illustrated in earlier examples, fitness clubs need to fill up spare capacities as any unutilized capacity carried an opportunity cost. With customers’ commitment, they are able to secure their stability in term of both volume and sales revenue. For thos e uncertain customers, the company charges a higher price, which customer willing to pay due to the flexibility and short-term commitment. From the above illustrations, it is apparent that a key characteristic of the Baumol model hinges on the elasticity of demand. As shown, Baumol model uses pricing strategies as a mean to achieve revenue maximization, and is therefore heavily dependent on the price elasticity to achieve the objective of the model If the demand is inelastic, Baumol model will not work as the demand of the product/services will not increase proportionately and therefore the sales revenue will not maximize from the reduction in price. In addition, advertising effect has not been considered in the above examples, which is a common tactic used to increase the inelasticity of demand. The psychological effect of advertising has been proven effective in occupying the mindset of consumers through brand image building, which increase the affiliation of the consumers to certain products/services, thus the inelasticity of the demand. The pointers from the last paragraph are well-illustrated by the Memo 1 example in Baye text book. In this example, it is shown that the price change does not correlate with the demand. By reducing the price from the current, $10. 50 to $10, the subscribers drops from 881 subscribers to 842, causing the revenue to drop from $9251 to $8240 and therefore a profit drop of $614. 5. (Appendix 1). In reverse, the firm should increase the price to $11. 5 to maximize the revenue at $11282 and a price of $12. 5 to maximize the profit at $4734. One of the reasons is due to the advertising and promotional effort from the company which increases the inelasticity of the demand. Secondly, since a loyal group of subscribers has already been amassed, STARZ network functions more as an add-on product to the existing subscribers. The combination of these two factors explained the reason why sales revenues and profit actually increases with price increases. In addition, from the data on STARZ network (Appendix 1), it is apparent that STARZ network does not share the same characteristics of high fixed cost or excess capacity to apply Baumol model. Instead, it seems like advertising or bundled pricing works better for STARZ network rather then price reduction. Further to the points above, Baumol model players are highly susceptible to the price reaction from their rivals, which could easily result in a price-war especially in an oligopolistic market. The existence of a floor triggering price in Baumol model constrained the players from lowering the price too much which will defeat the purpose of revenue maximization. Thus, it is highly unfavorable for Baumol model players to induce a price-cutting reaction from their rivals when they attempt to lower the price. This explained why certain Baumol model players used â€Å"noise† as disguise to their rivals when lowering the price to achieve revenue maximization. To summarize, long-term profit pursuance remains as the ultimate objective for any business. However, due to dissimilar characteristics of different industries, there are various models that can be used to achieve this long-term objective, which explains why certain firms are willing to sacrifice profit today in exchange for profit tomorrow. As illustrated through various examples in this assignment, the application of the correct model for the right industries and at the correct phrase of the company life-cycle becomes an even more important decision for managers to make. With the understanding and knowledge gained through the detailed analysis and critique of Baumol model, an useful insight to the economic rationale adopted by various industries, like Walt Disney, LCC and telecommunication firms is achieved. Bibliography Mercuro, N. , Haralambos, S. Gerald, W. , 1992. Ownership Structure, Value of the Firm and the Bargaining Power of the Manager. Southern Economic Journal, 59(2), pp. 273-83. Baumol, W. J. , 1996. Prediction and the logic of the Averages Variable Cost Test. Journal of Law and Economics, 39(1), pp. 49 – 72. McNutt, P. A. , 2008, â€Å"Signalling, Strategy & Management Type†, Available at: http://www. patrickmcnutt. com/docs/PatrickMcNutt. com_ebook [Accesses 20 Jan 2009]. Baye, M. R. , 2009 . Managerial Economics and Business Strategy. International ed. New York: McGraw-Hill. Conway, L. L. & Craycraft, J. L. , 1974. Sales Maximisation and Oligopoly: A Case Study. Journal of Industrial Economics, 23(2), pp. 81-95. Armstrong, M. & Vickers, J. , 2001. Competitive Price Discrimination. The Rand Journal of Economics, 32(4), pp. 579-605. Oi, W. Y. , 1971. A Disneyland Dilemma: Two-Part Tariffs for a Mickey Mouse Monopoly. The Journal of Economics, 85(1), pp. 77-96. McNutt, P. A.. Management Objectives and Stakeholder Value (Study Guide Unit 1).

Monday, January 6, 2020

Essay on Booker T. Washington - 508 Words

During the progressive era in the late 1800amp;#8217;s, white people were in control of society. The blacks had been freed under the Emancipation Proclamation, but were not being treated equal. Mainly because they were black. But that was not the only reason. Blacks were also not treated equally because they did not possess the intelligence and skills of whites. A great man decided to fight for equality between blacks and whites. His name was Booker Taliaferro Washington. nbsp;nbsp;nbsp;nbsp;nbsp;Booker T. Washington was born into slavery on James Burroughamp;#8217;s Virginia Plantation in 1856. When he was 9 he was gathered with the other slaves and was told he could go freely due to the Emancipation Proclamation. After he was†¦show more content†¦Whites did not enroll, but they did not object to blacks learning trades. Money poured into the institution and Washington was considered the spokesperson for the black people. So much so that he was asked important questions by presidents William Taft and Teddy Roosevelt concerning blacks. He was even invited to dinner at the White House by Teddy Roosevelt. nbsp;nbsp;nbsp;nbsp;nbsp;Perhaps the most important event in Washingtonamp;#8217;s life came on September 18, 1895 in Atlanta. Political leaders had invited Washington to speak at a convention that celebrated the Southamp;#8217;s resurgence in business. Never before had a black spoken at such a prestigious exposition. In his address, Washington spoke of a compromise between whites and blacks. Washington urged blacks to accept their inferior social position and raise their status by learning vocational skills. Many whites were pleased with this speech and most blacks, awed by his prestige, accepted his statements. However, Washington faced strong opposition from militant blacks who strongly opposed his statements. The NAACP and American writer W. E. B. Du Bois were the strongest opposers. nbsp;nbsp;nbsp;nbsp;nbsp;Washington continued his idea of incorporating blacks into society by finding several organizations, including the National Negro Business League, which was to further black advancement. Washington also remained principal of Tuskegee Institute tillShow MoreRelatedBooker T. Washington Essay1249 Words   |  5 Pagesposition that one has reached in life as by the obstacles which he has overcome† –Booker T. Washing. Booker Taliaferro Washington was born in Hale’s Ford, Virginia on April 5th, 1856 to Jane Burroughs and an unknown White man. Washington was married three times. His first wife was Fannie N. Smith from Malden, West Virginia. Booker and Fannie were married in the summer of 1882 and had one child together named Portia M. Washington. Fannie died two years later in May 1884. The second wife was Olivia A. DavidsonRead MoreBiography of Booker T. Washington1869 Words   |  7 PagesBooker T. Washington is a famous African American educ ator, author, civil rights activist, and philanthropist who is from Virginia (Wells). He is the man that promoted African American to rise above their status of trying to be equal with Caucasians by promoting education and economic self-determination. Washington’s life serves as an example of his philosophy or belief due to his experience of knowing where African Americans started after the Civil War, where they were headed, and resulted in changingRead More Booker T Washington Essay1260 Words   |  6 Pages Booker T.Washington: Fighter for the Black Man Booker T. Washington was a man beyond words. His perseverance and will to work were well known throughout the United States. He rose from slavery, delivering speech after speech expressing his views on how to uplift Americas view of the Negro. He felt that knowledge was power, not just knowledge of quot;booksquot;, but knowledge of agricultural and industrial trades. He felt that the Negro would rise to be an equal in American society throughRead MoreEssay on Booker T. Washington1133 Words   |  5 Pages Booker T. Washington amp;#8220;Up From Slavery; inspired readers across the nation. People of this time had realized that they could no longer expect support from the federal government, in their struggle for dignity and opportunity in the south, so many blacks concluded that self-reliance, self-help, and racial solidarity were their last best hopes. So, people saw Booker T. Washington as their champion and adopted his autobiography, up from slavery. nbsp;nbsp;nbsp;nbsp;nbsp;In FranklinRead MoreBooker T. Washington Essay493 Words   |  2 PagesBooker T. Washington Booker T. Washington was born on April 5, 1865. He was born into slavery at the James Burrough’s family plantation in Virginia. Nothing is known about Booker T. Washington’s father beyond the fact that he was a white man. After the Civil War Booker T. Washington worked in a salt furnace and attended school 3 months out of the year. At the age of 17, he was accepted into Hampton Institute in Virginia. When Booker T. Washington graduated from the institute, he thenRead More Booker T Washington Essay693 Words   |  3 Pages Booker T Washington was one of the best advocates in his time. Growing up in slavery and out coming the horrifying struggles of the 1870’s was a great effort. Born in the era were black people were like flies he found a determination to succeed and discovered many powers in life. Washington childhood was one of privation, poverty, slavery, and backbreaking work. Born in 1856, he was from birth the property of James Burroughs of Virginia. He didn’t know his father but his mother Jane raised himRead MoreEssay on Booker T. Washington629 Words   |  3 PagesBooker T. Washington 1856-1915, Educator Booker Taliaferro Washington was the foremost black educator of the late 19th and early 20th centuries. He also had a major influence on southern race relations and was the dominant figure in black public affairs from 1895 until his death in 1915. Born a slave on a small farm in the Virginia backcountry, he moved with his family after emancipation to work in the salt furnaces and coal mines of West Virginia. After a secondary education at Hampton InstituteRead MoreEssay on Booker T. Washington2149 Words   |  9 PagesBooker T. Washington Booker Taliaferro Washington was the foremost black educators of the 19th and 20th centuries. He also had a major influence on southern race relations and was a dominant figure in black affairs from 1895 until his death in 1915. Booker T. Washington was born into slavery in 1858. As a slave Booker did not have a last name and chose Washington, his stepfathers name. After the Civil War Booker, his brother, and his mother moved to Malden, West Virginia were they wentRead MoreBooker Du Bois And Booker T. Washington715 Words   |  3 Pagesproved to be the worse decision that black America could ever make. The writing Of Booker T. Washington and Others highlighted the views W. E. B. Du Bois and Booker T. Washington had for Black America. Both men had the interest of blacks at heart but yet their positions were on opposite ends of the spectrum. Both men were highly educated, Mr. Du Bois being the first Black to earn a Ph.D. at Harvard and Mr. Washington being the first leader of the Tuskegee Institute. Both men wanted blacks to succeedRead MoreBooker T. Washington ( 1856-1915 )1856 Words   |  8 PagesBooker T. Washington (1856-1915) was a standout amongst the most persuasive (and questionable) African Americans ever. Brought up the child of a slave mother, Washington was self-propelled and focused on his own training from a youthful age. The tumultuous time in America s history amid which he lived managed him new opportunities that originated from Abraham Lincoln s Emancipation Proclamation of 1863 and the inevitable achievement of the North in the Civil War. He took the first c hance to go