Hybrid electric vehicle Essay Example for Free

Hybrid electric vehicle Essay QD = f? P, PS, PC, Y, A, AC, N, CP, PE, TA, T=S †¦? [2. 1] where QD = quantity demanded of (e. g. , Toyota Prius or Chevy Volt) P = price of the good or service (the auto) PS = price of substitute goods or services (e. g. , the popular gasoline-powered Honda Accord or Chevy Malibu) PC = price of complementary goods or services (replacement batteries) Y = income of consumers A = advertising and promotion expenditures by Toyota, Honda, and General Motors (GM). AC = competitors’ advertising and promotion expenditures N = size of the potential target market (demographic factors) CP = consumer tastes and preferences for a â€Å"greener† form of transportation PE = expected future price appreciation or depreciation of hybrid autos TA = purchase adjustment time period T/S = taxes or subsidies on hybrid autos QS = f? P, PI , PUI, T, EE, F, RC, PE, T=S †¦? (Equation 2. 2) where Qs = quantity supplied (e.g. , of domestic autos) P = price of the autos PI = price of inputs (e. g. , sheet metal). PUI = price of unused substitute inputs (e. g. , fiberglass) T = technological improvements (e. g. , robotic welding) EE = entry or exit of other auto sellers F = accidental supply interruptions from fires, floods, etc. RC = costs of regulatory compliance PE = expected (future) changes in price TA = adjustment time period T/S = taxes or subsidies. Product A is more riskier as Std dev / mean = 0. 8 and for Product B it is 0. 5 thus A is more riskier Not yet rated Anonymous 1 hour later fot this we will calculate the coefficient of variation of both the product. coefficient of variation= SD/meanx100 coefficient of variation of Product A= 40000/50000100= 80% coefficient of variation of Product B= 12500/250000100= 5% higher the coefficient of variation higher will be the risk, therefore Product A is more risker.

Effective Study Skills Are the Sole Foundation of a Sound Essay Example for Free

Effective Study Skills Are the Sole Foundation of a Sound Essay Effective study skills are definitely an important factor of a sound education. They dont happen overnight. They evolve and mature through practice, trial and error, feedback from others and reflection through different stages of the course (Cottrell,S.2008. pg1) Working on effective study skills means the individual will find out what works best. Basically learning how to learn (Cottrell,S. 2008. pg 48). There are many different ways in which individuals learn, for e.g. conscious learning when the individual is aware they are learning (Cottrell,S. 2008. pg 48). Unconscious learning when the individual is unaware that it is happening but it may become conscious learning when they just know something and then wonder, how did I know that (Cottrell,S. 2008. pg 48). Each person has 3 different learning styles which affect their lives. Some people learn better using visual learning such as looking at pictures or diagrams. Other people are auditory learners i.e. listening to recordings. Then there are people who are kinaesthetic or tactile learners, they like to touch and play with things. (Wyman,P. 2011). By testing all these types of learning people will see what they find easiest to use and then be able to adapt it to their studies. Effective study skills could definitely be described as the sole foundation of a sound education when doing independent learning. A learner would acquire knowledge by his or her own efforts, therefore good study skills are vital (Meena. 2012). This comes into effect on a distance learning course i.e. foot health diploma. Having the choice of when and where studying takes place, means being disciplined enough to dedicate the time to it. In essence the individual is teaching themselves. To really succeed in a chosen subject doing something with genuine enthusiasm is most important otherwise individuals could just lose interest.

Analysis of HMs Vietnam Expansion

Analysis of HMs Vietnam Expansion HM is a Swedish multinational clothing retail store that caters to young adults and children. Since its inception, the brand has evolved to include accessories, footwear, cosmetics and home furnishings. HM is one of the top retail stores in the world and has positioned itself as a low cost- quality clothing supplier. HM and its competitors occupy a niche segment of the retail clothing industry known as fast-fashion, characterized by the ability to serve consumers who demand the most up-to-date styles at an affordable price. Retailers must meet several specific customer expectations to remain competitive in this segment, as well as maintain a highly efficient internal operation to meet the requirements of the industry. HMs expansion into Vietnam is part of the companys larger overall global expansion strategy to open stores with a target of 10-15% sales growth coupled with an introduction of online retail to emerging and unexploited retail markets (HM Group, 2016). Vietnam has seen recent increased growth in foreign direct investment and expanding retail market. Consumers in Vietnam have a demand for large Western brands and have increased disposable income to spend in the market(Deloitte, 2014). In Vietnam, barriers to entry remain low for HM and other industry competitors. HM and other foreign retailers have the capability of opening their initial retail spaces in Vietnam without extreme difficulty (Deloitte, 2014).ÂÂ   In 2016, Zara, HMs largest competitor opened a retail store in Ho Chi Minh City signaling an increase in foreign retail investment in the country (Zara Enters Vietnam, 2016). It appears that the landscape in Vietnam is changing in the favor of foreign retail firms and governm ent policies are being shaped to attract more foreign investors. Industry Requirements and Expectations HM and its competitors occupy a niche segment of the retail clothing industry known as fast-fashion, characterized by the ability to serve consumers who demand the most up-to-date styles at an affordable price. Retailers must meet several specific customer expectations to remain competitive in this segment, as well as maintain a highly efficient internal operation to meet the requirements of the industry. Expectations within the fast-fashion industry have become increasingly more customer-focused and demanding with the success of retailers such as HM, Zara, and Forever 21. Because the industrys core market is highly sensitive to changes in trends and seasonality, retailers need a keen awareness of the fashion landscape to proactively update their inventory at locations worldwide. Successful players in the industry must also have an in-depth understanding of the local markets of their varying locations to serve their customers specific tastes. Fast-fashions most dedicated consumers also depend on the affordability that retailers offer to allow them to keep their wardrobes stocked with the latest styles. Highly efficient supply chain management is the cornerstone of the fast-fashion industry, and is the key requirement for any retailers success. Demands for rapid turnover and affordable prices hinge on the retailers ability to keep internal costs to a minimum to avoid passing on costs to the consumers. The industry requires retailers to keep an extremely low product life cycle (PLC), which is typically achieved through the combination of a just-in-time inventory system and a strategic distribution and fulfillment network within the countries of operation. Location is also a critical requirement when operating in fast-fashion, both for retail stores and proximity to distribution centers. In order to capitalize on the benefit of operating within this industry retailers must secure locations for their retail stores that are both highly visible and densely populated, while distribution and fulfillment centers require central location to serve the maximum number of retail locations as quickly as possible. Low Trade Barriers In 1986, Vietnam created an open-door policy with reforms in three essential areas: i) the right to foreign trade, ii) trade instruments and policies iii) liberalization of foreign trade. Since then, the Vietnamese economy has been growing at a rapid pace. Since Vietnams inception in WTO in 2001, Vietnam removed many non-tariff barriers including quantitative restrictions on imports, quotas, bans, permit requirements and licensing requirements. (U.S. Department of State, 2014). However, there are still some existing industry specific trade barriers in Vietnam. For example, price stabilization and restriction is implemented by the Vietnamese government when prices are too high or low for essential goods. Other examples of trade barriers include import taxes on automated products and services, permits on foreign investment in cinema construction only through local joint ventures and land use rights. Vietnamese land, a property of the state, cannot be owned by investors nor any Vietnamese nationals (U.S. Department of State, 2014). To HMs advantage, the retail industry in Vietnam has very few trade barriers and restrictions for foreign investment. Thus, being one of the fastest growing countries in the ASEAN economy along with liberal retail policies, Vietnam is an obvious country of interest for EU business expansion. The countrys openness to foreign investment has been the cause of many trade reforms and lower trade barriers. For example, Vietnam provides investment incentives to foreign investors such as exemption from import taxes on necessary materials required for manufacturing that cannot be found in Vietnam. Policies supporting FDI in Vietnam Since November 1, 2015, Vietnam has allowed foreign retailers to set up 100 percent foreign-owned enterprises under its commitments to the World Trade Organization. This gives them access to supply sources and ideal business locations to operate from. Most international brands are opening stores in Vietnam through franchising or the granting of rights to a local partner, as franchisees are required to have a zero-loss business record and must be able to present their business development plan to the franchisor during the bidding process, which increases the likelihood of success for foreign investors in Vietnam. (VN Express Retail market share,2016). These policies make expanding to Vietnam attractive for HM. Franchising their retail stores in Vietnam is safer for HM now because of these policies. FDI As Vietnam is becoming increasingly accessible to foreign investments, FDI inflows have seen a steady and strong increase over the previous years. In 2016, FDI inflows climbed to US$24.4 billion with a 9% increase from 2015. Out of these, US$15.1 billion flew to 2,556 newly registered projects, US$5.76 billion came from 1,225 existing projects adding to their capital, and US$3.4 billion flew in from foreign investors purchasing stakes in 2,547 companies. Vietnams rapid pace of integration into global commerce is likely to yield great opportunities for foreign investors. So, this is the right time for HM to invest and expand into Vietnam. (Vietnams FDI Outlook for 2016) In January 2017, foreign investors invested in 16 sectors in Vietnam, out of which Wholesale and retail ranked third with total registered capital of US$ 88.75 million, accounting for 5.6% of the total foreign direct investment. Relative high investment in Wholesale and Retail market bodes well for HM. HM is planning to open up its first retail shop in Ho Chi Minh City, where FDI investments are high. (Ministry of planning and Investment of Vietnam, 2017) Vietnams retail industry has witnessed healthy growth rates of 8 10 percent annually in recent years. To continue, the industry is forecasted to reach $109 billion by 2017. With the population of more than 90 million, Vietnams retail market is growing rapidly, making it highly attractive for foreign investors. The country is currently ranked top 5 and 11 in Asia and globally respectively in terms of retail growth. (VN Express Vietnams rapidly growing retail Industry, 2016) Ease of doing business The countrys ease of doing business while still leaving room for improvement is developing, Vietnam ranked 82nd out of 190 countries, up nine positions from 2016. Government of Vietnam is actively privatizing its state-owned enterprises (SOEs) on top of its trade agreements and foreign direct investment policies. Since 2015, nearly 170 companies have been privatized and this trend will continue in the coming years. This creates many opportunities for foreign investors. (Vinkenborg, M. (2017). Vietnam in 2017: Spotting opportunities for FDI) Policies restricting FDI in Vietnam One complication for FDI in Vietnam is Vietnamese authorities have different definitions of a foreign invested enterprise. In practice the level of foreign investment that qualifies an entity as foreign differs from province to province. Unlike other countries in the region, such as China or some of the other ASEAN member states, Vietnam does not maintain a Negative List of industries with foreign equity ownership caps. (Restrictions on Foreign Direct Investment in Vietnam, 2015) With the enactment of the Law on Investment and the Law on Enterprises however, the country is moving in the direction of such a Negative List system. The two laws, in addition to various other laws and regulations are applicable to industries that are termed conditional. When investing in conditional industries, the government examines the investment proposal and may choose to impose additional requirements. Distribution sector such as retail is considered conditional in Vietnam and may prone to additional requirements from government of Vietnam. (Restrictions on Foreign Direct Investment in Vietnam, 2015) Works Cited Deloitte (2014). Retail in Vietnam. Retrieved: http://www.iberglobal.com/files/2016/vietnam_retail.pdf Hong, A. (2016). Vietnams rapidly growing retail industry partially offsets economic slowdown. Retrieved:http://e.vnexpress.net/news/business/vietnam-s-rapidly-growing-retail-industry-partially-offsets-economic-slowdown-3448240.html HM Group. Retrieved: https://about.hm.com/en/about-us/markets-and-expansion.html Indiaretailing Bureau. Retrieved: http://www.indiaretailing.com/2016/09/27/fashion/zara-enters-vietnam-first-store-vincom-center/ Ministry of Planning and Investment. (2017). Retrieved: http://www.mpi.gov.vn/en/Pages/tinbai.aspx?idTin=35921idcm=122 Shira, D. (2015). Restrictions of Foreign Direct Investment on Vietnam. Retrieved: http://www.vietnam-briefing.com/news/restrictions-foreign-direct-investment-vietnam.html/ SwedenÂÂ   and Vietnam Boost BUsiness and Investment Cooperation (2016). Retrieved: https://nsnbc.me/2016/10/08/sweden-vietnam-boost-business-and-investment-cooperation U.S. Department of State (2014). Retrieved: https://www.state.gov/documents/organization/229305.pdf Vietnams FDI Outlook for 2016: Trends and Opportunities. Retrieved: http://www.vietnam-briefing.com/news/vietnamese-fdi-2016-outlook.html/ Vinkenborg, M. (2017). Vietnam in 2017: Spotting opportunities for FDI. Retrieved: http://www.vietnam-briefing.com/news/vietnam-2017-spotting-opportunities-fdi.html/ http://www.eightyquartier.com/hm-announces-first-store-in-vietnam/ Ministry of planning and Investment of Vietnam, 2017 Retrieved: http://www.mpi.gov.vn/en/Pages/tinbai.aspx?idTin=35921idcm=122 VN Express Vietnams rapidly growing retail Industry, 2016 Retrieved: http://e.vnexpress.net/news/business/vietnam-s-rapidly-growing-retail-industry-partially-offsets-economic-slowdown-3448240.html VN Express Retail market share,2016 Retrieved: http://e.vnexpress.net/news/business/markets/foreign-invasion-threatens-domestic-retail-market-share-3406399.html Restrictions on Foreign Direct Investment in Vietnam, 2015 Retrieved: http://www.vietnam-briefing.com/news/restrictions-foreign-direct-investment-vietnam.html/

Inherit The Wind Essay -- essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Inherit the Wind, a play written by Jerome Lawrence, and Robert E. Lee, is one of the greatest and most controversial plays of its time. It was written at a time of scientific revolution to benefit people of the day and in the future, however, people of the day had a hard time accepting new ideas. It is societies unwillingness to change, and accept new ideas that create racism, and hate groups of today. This unwillingness is one of the major themes of this play. This thesis will be further explained, and supported by such literary elements, as setting, and character throughout the essay.   Ã‚  Ã‚  Ã‚  Ã‚  The first example of the people’s unwillingness to accept new ideas, such as Darwinian theory, is towards the beginning of the book when both sides of the prosecution arrive in Hillsboro. The town is parading up and down the streets chanting, â€Å"give me that old time religion†, and â€Å"down with Darwin†. The irony of this is that none of them have read Darwin’s book, for example, when E.K. Hornbeck was talking to Eliza, the Bible salesman. Eliza said, that he, â€Å"can’t neither read nor write†, so he could not have read Darwin’s book, but yet he is calling Hornbeck a â€Å"sinner, and â€Å"evil-utionist† for believing in its ideas. None of the town’s people on Mr. Brady’s side of the trial have read, The Evolution of Species, not even Mr.Brady himself. Nevertheless, they will not accept the idea or take it into consideration. It is the town’s peopl...

Describe The Roles Of Government In The Present Business Environment :: essays research papers

Describe The Roles of Government In The Present Business Environment   Ã‚  Ã‚  Ã‚  Ã‚  In the present business environment governments have the power to change and make laws, having a major role and influence on the business environment. There are three levels of government; federal, state and local.   Ã‚  Ã‚  Ã‚  Ã‚  The federal government has power over such areas as; company law, income tax, trade etc. State government has power over pollution, price controls, state courts etc. and local government has power over rates, building approvals and zoning. Through zoning the local government can decide where businesses are located, or how many similar businesses should be built in a particular area. The power of the government can have direct or indirect influences on the business environment, encouraging or forcing businesses to comply. The federal government has the greatest effect over the macroeconomic business environment through the making of policies. The government has a number of economic objectives. They aim to have consistent economic growth, low rates of inflation, a sound international trading situation and low unemployment. To meet these objectives the government must place policies such as fiscal, monetary, trade and income policies.   Ã‚  Ã‚  Ã‚  Ã‚  Fiscal policy is the deliberate action of the government to change its levels of income and expenditure, through the annual budget. By budgeting for a deficit or surplus, the government will contract or expand the economy. e.g If the government needed to cut unemployment they would budget for a deficit so more money is injected and less money is taken from the economy by less taxes and higher expenditure raising employment.   Ã‚  Ã‚  Ã‚  Ã‚  Monetary policy can also raise the level of economic activity. It controls the availability of money by influencing the level of interest rates. Lowering interest rates encourages people to spend and borrow while higher interest rates encourages people to save and not borrow. By lowering interest rates the government encourages spending thus increasing the level of economic activity.   Ã‚  Ã‚  Ã‚  Ã‚  Income policies influence wage outcomes by negotiating with the unions and the employers and putting arguments before the industrial relations

Overcomes Hard Times in The Jilting of Granny Weatherall Essay

Granny Weatherall Overcomes Hard Times in The Jilting of Granny Weatherall In the short story, 'The Jilting of Granny Weatherall,' an older woman is having flashbacks of her life, while she is slowly dying. Throughout her life, this woman, Granny Weatherall, has had many life altering experiences. With these experiences, she has become the strong woman that we have become to know. With a name like 'Weatherall,' one can only imagine what she has been though. Forty years earlier, Granny Weatherall became ill from not only milk leg but also double pneumonia, which she recuperated from. Granny Weatherall also had a tough time when her youngest and most favorable child died. Her daughter, Hapsy, passed away while giving birth to her child. Another tough time in Granny Weatherall's life was when her first love, George, left her on her wedding day. After getting married, having kids, and keeping the farm on a stable basis, Granny?s husband, John, passed away. With him gone Granny Weatherall had to raise their kids by herself, and she also had to keep the farm going, such a...

Religion and Ethnic Diversity Essay

Religion and Ethnic Diversity Buddhism was first found in India about 2,500 years ago. Buddhism is an increasing popular religion that continues to be the leading religion in the Far East. Buddhism has advanced over to a large amount of countries that have embraced a vast variety of customs, rituals, beliefs, and practices. Buddhist’s do not believe that a God created Earth. Buddha is the only Master, Buddhist’s believe in. Buddhist’s acknowledge that the ultimate purpose of life is to establish consideration for all living beings without inequity and to perform for their piece, good, and happiness. Buddhist’s have incorporated the Four Noble Truths in their lives, which are Dukkha, SamudÄ ya, Nirodha, and Magga. According to â€Å"The Four Noble Truths† (2013), † 1.The truth of suffering (Dukkha). 2. The truth of the origin of suffering (SamudÄ ya). 3. The truth of the cessation of suffering (Nirodha). 4.The truth of the path to the cessation of suffering (Magga),â₠¬  (The Four Noble Truths). Buddhism does not share common characteristics with other religion groups. Buddhism is, however, receptive to other religions and beliefs. This religious group acknowledges the way other religions teach those involved. These individuals do not believe in a God. It is a belief system like all other religious groups. There are individuals who do not accept Buddhist and believe that those who do are not going to heaven. Others who refuse to understand Buddhism and how it works dismiss it completely because it is not what they believe in. Even though Buddhism is not America’s most practiced religion, its beliefs and ideas have been passed into American culture. It has helped blend American culture. Today there is a large amount of Buddhist’s who contribute to promoting peace amongst one another, reaching out to those who are in prison and who are homeless, and some even do advocacy for the environment. Buddhist’s experience hate just like other people in other religions. In 2003, Chung Tai Buddhist Group applied to construct a meditation and worship center in the city of Walnut, California, but the application was later denied. Not only did the City Planning Commission deny the application, but also residents were against building the center. Residents disputed against the plan because they believed there would be an increase in traffic and noise. A few years later the City Planning Commission approved an application to build on some of the area Chung Tai had prepared to use. In 2010, the Department of Justice filed a lawsuit stating the city of Walnut; California treated the group unreasonably while dealing with the permit to build the worship and meditation center for Chung Tai Buddhist Group. The Department of Justice came to the conclusion that it was religious discrimination. After learning what Buddhism is and where it originated from allows me to understand it more. I now know that it is not only about humming and repeating a few words in another language, but also learning how to live a happier, more pure life even with the struggles and unfortunate events that can occur. Not only that, but respecting every living thing as it is. The Chinese are quite different from other racial/ethnic groups. The two most common languages used in China are Mandarin or Cantonese. Mandarin is t he government, education, and media’s main language that is used in China. Known as the ‘common language,’ mandarin is the first language that is spoken. The Chinese are a combined society with the urge to associate themselves in groups, whether it is to their work group, family, country, or associates. The Chinese depend on non-verbal communication like tone of voice and facial expression, to reveal what other maybe thinking or feeling. The Chinese believe in an ethical system known as Confucianism. Confucianism is a set up of ethics and behaviors that signify responsibilities of people towards one another based on their relationship. The Chinese have and continue to contribute to American culture in many ways. Many Americans embrace Chinese religions. Converting to Buddhism and so many other Asian religions. In the 1800’s Chinese immigrants helped working with the gold miners. These men helped construct the intercontinental railway. The Chinese have brought their recipes to American cultures that have been passed down from generation to generation. The Chinese brought their customs, language, and social organization into Amer ican culture. On May 6, 1882 the Chinese Exclusion Act was signed into law. It was brought about in reply to economic concerns in the West Coast, where Americans imputed unemployment and withheld wages to Chinese workers. Americans at the time viewed the Chinese as racially indifferent. Even though the act was repealed during World War II it only allowed 105 Chinese immigrants per year into the United States,  which still showed prejudice against the Chinese. I believe the source of prejudice against the Chinese was economic benefit. A large amount of Chinese immigrants came to the states to seek employment opportunities, but were denied at times because of the direct need for employment. I do believe what I have learned about the Chinese helped me understand this group. I learned what a big contribution to our culture they provided. I also learned that because of their great impact on American culture some individuals take those same customs and values and incorporate them into their own lives. The Chinese and Buddhist experienced similar situations dealing with discrimination because they were both persecuted for being who they are as individuals. Neither one of these groups tried to be something they were not, so they were prejudged and treated unfairly. These groups experienced different situations dealing with discrimination because the Chinese were discriminated against based on real and observed racial dissimilarities. Buddhistâ₠¬â„¢s were discriminated against based on who or what they believed in. Buddhist’s were also discriminated against because of their feeling towards their religion and those belonging to other religious groups. Discrimination towards these two groups and the many others is wrong. It has restricted these groups from opportunities that should have always been available to not only one group, but also all groups of individuals regardless of their appearance or their beliefs. 1. The Four Noble Truths. (2013). Retrieved from http://www.bbc.co.uk/religion/religions/buddhism/beliefs/fournobletruths_1.shtml 2.