Thursday, April 2, 2020

Comparative Critique Essay Example

Comparative Critique Essay As a journalist and critic for Time Magazine, James Poniewozik concentrates on how the classic fairytale of Cinderella has been reinvented multiple times to correspond with the viewpoints of feminist authors. Poniewozik claims in his article The Princess Paradox that girls choosing the fairy-tale ending is not such a bad thing (667). However Peggy Orenstein, a contributing writer for The New York Times, would completely disagree with that statement. Orenstein stresses in her article Cinderella and Princess Culture that the princess craze and girlie-girl culture is ruining young girls as they feel constantly pressured to be perfect (673). Poniewozik and Orenstein have conflicting claims in their articles as both define Cinderella differently. Poniewozik does not see an issue with the Cinderella story and believes it does not have any negative effect on girls, while Orenstein would have to disagree because of her strong feminist beliefs. This leads Orenstein to believe that the princess culture does indeed have a negative effect on girls. Peggy Orenstein clearly states and argues throughout her article that the princess craze is a world-wide phenomenon and is damaging young girls. The damage Orenstein is referring to is depression caused by girls feeling that they must fulfill the princess image, and when they do not, it makes them feel as if they are not good enough the way they are. Orenstein also goes as far to say that women who are perpetually nice are more likely to be depressed and less likely to use contraception. (673) We will write a custom essay sample on Comparative Critique specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Comparative Critique specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Comparative Critique specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Both Poniewozik and Orenstein recognize the fact that large companies like Disney are responsible for pushing the princess craze. In Orensteins article she notes the fact that Disney executives claim that the princess is on its way to becoming the largest girls franchise on the planet (671). These large companies are distributing the princess products mainly because that is what sells and Disney executives also saying that it is the fastest-growing franchise ever created. (671) Poniewozik quotes Marlo Thomas in his article stating what women have ried to achieve for other women and young girls is a choice in every step in their lives. (667). The task that has been tried to achieve that Poniewozik is referring to is the earlier generation of women working to be able to do everything that men could (667). Both Poniewozik and Orenstein acknowledge the fact that young women need to assert their independence, but in modern times it seems that is not a main focus for girls anymore. Even t hough Poniewozik is male he still notes some feminist views in his article that Orenstein would agree with. Poniewozik states the fact that reinventing fairy tales has been a favorite project of feminist authors (667). Another issue that Orenstein also hints at in her article by using the childrens program, Dora the Explorer as an example of how merchandise and shows are being changed to correspond with the princess craze (671) Orenstein has noticed the transition from the old story of princess movies to a newer more modern form of the princess. Some modern fairytale movies such as The Prince Me, which is mentioned in Poniewoziks article, have changed their story line to have a non-fairy-tale ending. Poniewozik then notes the fact that the director of the movie, Martha Coolidge, admitted she knew the ending was wrong after she watched it (667). Poniewozik states in his article that filmmakers are much more message conscious and by also noting that the girls fight to control their destiny; the boys good-naturedly learn to accept theirs (668). This is an example of what Poniewozik is referring to by his idea of the new Cinderella and how he feels the thought of Cinderella should be altered. Poniewozik briefly mentions the idea of nature or nurture which are innate qualities versus personal experiences or learned behaviors. This shows an example of his belief that it is a naturally occurring affair for young girls to want to be a princess or conform to Orensteins idea of girlie-girl culture (667;671). Orenstein drifts more toward the idea of the nurture part as she says that the princess image has been thrown at girls since a very young age which is where she quotes Andy Mooney, a former Nike executive, the meaning of princess is so broadly constructed that it actually has no meaning (673). hat Orenstein is referring to is how any girl could be referred to as princess another example of her princess craze. Although Poniewozik and Orenstein both address some of the same topics and issues, their overall ideas of the princess craze are far different from one another. Orenstein is more negative toward the idea of princesses by taking a more feminist stance on the issue. Ore nsteins highly feminist views are prevalent throughout her article and constantly adverting back to her belief that Cinderella has a negative impact on girls. Poniewozik, even though recognizing the feminist stance, still has a more positive outlook and believes it is a natural process for girls to go through a princess phase. Works Cited Orenstein, Peggy. Cinderella and Princess Culture. Writing and Reading Across the Curriculum. 11th Edition. Behrens. Rosen. Boston: Longman, 2011. 670-673. Print. Poniewozik, James. The Princess Paradox. Writing and Reading Across the Curriculum. 11th Edition. Behrens. Rosen. Boston: Longman, 2011. 670-673. Print.

Thursday, March 12, 2020

Factors Effecting Conversion of Footfalls in a Retail Store Essay Example

Factors Effecting Conversion of Footfalls in a Retail Store Essay Example Factors Effecting Conversion of Footfalls in a Retail Store Essay Factors Effecting Conversion of Footfalls in a Retail Store Essay International Journal of Management and Strategy (IJMS) 2012, Vol. No. 3, Issue 4, January-June 2012 facultyjournal. com/ ISSN: 2231-0703 â€Å"FACTORS AFFECTING CONVERSION OF FOOTFALLS IN RETAIL STORES† Abu Bashar, Assistant Professor, Brown Hills College of Engg Tech. , Faridabad, Haryana, INDIA ABSTRACT In this research paper efforts have been made to explore various factors which affect the behavior of consumers in a retail outlet. A random sample of respondents visiting retail outlets has been considered for the present study. The paper mainly focuses towards various factors which affects the decision of the consumer in the store while they visit there for shopping. So, this research is mainly concerned with the behavior of the consumer and the various factors which are of enormous importance in converting the footfall within the stores. The paper also intends to recommend some feasible and viable strategies to be followed by retail outlets to maximize the percentage of conversion. Keywords: Behaviour, Consumers, Conversion, Factors, Retail, Shopping, Strategies International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2012, Vol. No. 3, Issue 4, January-June 2012 facultyjournal. com/ ISSN: 2231-0703 INTRODUCTION It becomes really very difficult for the small retailers and similar formats to compete with hyper marts and malls. The big retailers are putting cut throat competition to them. So, it becomes very important for retailers to gain a deeper insight into retail consumer behavior. The study of consumers helps firms and organizations improve their marketing strategies by understanding issues such as how ? : The psychology of how consumers think, feel, reason, and select between different alternatives (e. g. , brands, products); ? The the psychology of how the consumer is influenced by his or her environment (e. g. , culture, family, signs, media); ? ? The behavior of consumers while shopping or making other marketing decisions; Limitations in consumer knowledge or information processing abilities influence decisions and marketing outcome; ? How consumer motivation and decision strategies differ between products that differ in their level of importance or interest that they entail for the consumer; and How marketers can adapt and improve their marketing campaigns and marketing strategies to more effectively reach the consumer. Understanding these issues helps us adapt our strategies by taking the consumer into consideration. For example, by understanding that a number of different messages compete for our potential customers’ attention, we learn that to be effective, advertisement s must usually be repeated extensively. We also learn that consumers will sometimes be persuaded more by logical arguments, but at other times will be persuaded more by emotional or symbolic appeals. By understanding the consumer, we will be able to make a more informed decision as to which strategy to employ. International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2012, Vol. No. 3, Issue 4, January-June 2012 facultyjournal. com/ ISSN: 2231-0703 There are three fundamental patterns which a consumer can follow and they could be: (I) Brand first, retail outlet second (ii) Retail outlet first, brand second (iii) Brand and retail outlet simultaneously. Good customer service is the lifeblood of any business. You can offer promotions and slash prices to bring in as many new customers as you want, but unless you can get some of those customers to come back, your business won’t be profitable for long. Good customer service is all about bringing customers back. And about sending them away happy – happy enough to pass positive feedback about your business along to others, who may then try the product or service you offer for themselves and in their turn become repeat customers if you’re a good salesperson, you can sell anything to anyone once. Besides from the above stated facts the following factors are also very much important for attracting, converting and retaining customers in a particular retail outlet. These factors are being described below. 1. Availability of merchandise in the store 2. Product Quality 3. Product range(both product width and depth) 4. Promotional offers and frequency of schemes. 5. Services (pre, during and post purchase) 6. Pricing as a result of merchandise on offer 7. Ambience of the store International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2012, Vol. No. 3, Issue 4, January-June 2012 facultyjournal. com/ ISSN: 2231-0703 8. The empathy factor of the outlet attendant In order to gain deeper insight a thorough investigation of the related literature have been investigated, some of them are given below 1. Lichtle, M. C et al. investigates that it is interesting to notice that the outlet’s characteristics have an impact on value, which, in its turn, has an impact on satisfaction. Our results show what variables are to be privileged if one wishes to give the outlet its utilitarian and/or hedonic value. In the first case, the stress has to be put on product availability. This means that when a retailer, considering her/his product range, wants to confer a utilitarian value to the shopping behaviour all she/he has to do is to make sure that her/his products are easily available and within easy reach. The hedonic value is determined by a combination of several variables: atmosphere, peripheral services, the store’s employees and crowding. Customer satisfaction will thus be indirectly improved. By handling these four variables, the retailer will manage to enhance the hedonic value the consumer attributes to shopping. According to the positioning chosen, a firm will give more emphasis either to the hedonic value or to the utilitarian value, and therefore will act on the most relevant characteristics of the outlet that our study underlined. 2. Malcolm Kirkup and Marylyn Carrigan said that as the public demand for ethical accountability grows, marketers must ensure that their activities match public expectations. Owing to its high visibility and direct contact with the public, marketing research in particular has a duty to conduct its business to the highest ethical standards. As new technology alters the way that research is conducted, there is a challenge to safeguard all the stakeholders involved in the research from unethical behaviour. Observational research is a prime example of a research technique which, while providing a valuable tool in the study of consumer behaviour, raises concerns over individual privacy particularly with the growing sophistication and power of the technology. 3. Jones, peter and David Hillier examined that Current government planning policies affecting retail investment; development and location certainly pose a major set of challenges for the leading retailers and for developers and property companies Sainsburys have argued that being more flexible in their formats allows them to take greater advantage of planning opportunities. International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2012, Vol. No. 3, Issue 4, January-June 2012 facultyjournal. com/ ISSN: 2231-0703 4. Basso jeo and Randy Hines said that Males from the Midwest reported higher instances of positive shopping experiences at retail stores. They reported that courteous sales associates and attentive managers enhanced the shopping experience. Similarly, females from this part of the country reported higher instances of positive shopping experience. Again, the primary reason for their positive experiences was the courteous nature of the sales associates and the attentiveness of the floor-level management staff. Ten of the 25 respondents reported having negative shopping experiences at retail stores. However, while reasons varied from displeasure with the merchandise to delays in delivery of goods, none of the respondents attributed a negative experience to rude or inattentive sales associates and managers. Of the 18 females, 16 from the East reported having a negative experience at retail shopping centers. The reasons varied among respondents from poor quality merchandise to delays in shipping. However, 11 of the respondents indicated that their negative shopping experiences were the result of inattentive and rude sales associates. Two of the men reported having a negative shopping experience but they based this on the quality of the products they received. Of the eight positive shopping experiences reported by both male and female respondents, all indicated that their experiences directly resulted from an attentive sales associate or receptive management staff 5. Boedkar, Mika said that this should offer an opportunity for retailers to use segmentation and target their offerings, since it has been claimed that retail outlets tend to resemble one another and offer comparable products at comparable prices, thereby losing their individual profile. At the same time, consumer markets are becoming more sharply segmented than ever before. The new-type shoppers should be attracted by an image, one that is congruent with the consumer’s self-image. Since their demands of a retail outlet are rather high in every respect, the basics (e. g. service, price level, product quality and selection) should be considered as well as recreational, experience offering characteristics (e. g. interior design, aroma, care, product shows, and novelties). This kind of image could attract some of the traditional shoppers too, but they can be reached without the addition of recreational characteristics, implying reduced costs in retail outlet design. Without the basics, maybe only purely recreational shoppers could be attracted. Is this then the case in reality? As Rosen bloom points out, congruence between a retail outlet and consumer image is usually â€Å"more a matter of happenstance than a conscious effort to fit the store image to the target markets served by the retailer†. This means that congruence is achieved between retail outlet dimensions and traditional values held by the outlet’s founders or a typical image projected by the retailer’s trade peer group. International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2012, Vol. No. 3, Issue 4, January-June 2012 facultyjournal. com/ ISSN: 2231-0703 6. Amine, Abdilmajid and Sandrine cadenate examines that product classes proposed in an retail outlet do not contribute equally to the variety of store image and effectiveness from the customers point of view. It also demonstrate the perception of consumer of the overall store assortment, consumers are highly sensitive in selecting range of varieties. 7. Ratcliffe, John and Sheila Flanagan said that BIDs have been tried and tested over time. They are here to stay, and will almost certainly multiply, diversify and innovate. In practice, they have not produced the negative social effects that some feared, nor have BIDs made any major public mistakes in recent years (Houstoun, 2003). Several trends reinforcing the relevance of the BID concept to the promotion of the tourism industry can, however, be distinguished (Houstoun, 2003): Hospitality trumps security. In many established BIDs fear of crime has diminished and what were formerly security personnel are increasingly being trained as ambassadors, guides or hosts to provide hospitality functions. In the same way, the focus of BID cleaning programmers has broadened so as to concentrate more on urban design, landscape and general district beautification. Greater experience and growing confidence has lead to a growth in the number of small, and some very small, BIDs. Here the accent is usually placed on promotion and marketing, as well as orchestrating a programme of festival style events delivered by voluntary effort. There is a growing realization that many of the characteristics that make a district a great place to visit – a variety of restaurants, cinemas, nightclubs, bars, cultural facilities, a walk able environment, attractive public places and a feeling of safety – also make it a great place to live. For business, in general, the visitor and residential markets tend to complement each other. 8. Kirkop, Malcolm said that for some retailers the quality of information systems has been improved – enabling a better understanding of variations in performance, better measurement of the remedial effects of initiatives, and improvements in the allocation of resources – and there is value for both head office planners and store managers. However, development and integration of the technology is proving problematic for other retailers – partly arising from the newness of the technology. International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2012, Vol. No. 3, Issue 4, January-June 2012 facultyjournal. com/ ISSN: 2231-0703 9. Bennison, David et. al. examines that the challenge for urban managers is therefore to preserve and maintain the vitality of the Northern Quarter without destroying its soul. Almost by definition, the archetypal residents and businesses do not seek, let alone conform to, top-down planning and marketing, and are likely to be highly skeptical of it – somewhat ironical or paradoxical given the number of marketing and public relations companies located there. The challenge is that the city’s planners also want to maintain that distinctiveness as much as their inhabitant since the Northern Quarter forms an important element of the wider place product that is Manchester. As the City Council’s guide to visitors states: â€Å"Rising up out of one of city’s most historically rich areas is the Northern Quarter. Now transformed into a busy social and residential area, laden with independent bars, restaurants, cafe? s and shops – the Quarter has a uniqueness and credibility all of its own and attracts the kind of urban soul on the lookout for a bit of individuality and style (w. anchester. gov. uk/visitor centre/areas. htm). 10. Kirkup, Malcolm and Mohammad rafique said that in an increasingly competitive market environment future success for shopping centres will depend on effective management and marketing. Shoppers have a good choice of centres, all of which can meet their needs at a practical level. Centres need t o develop a compelling personality and distinctive position, based on identification of particular strengths within their marketing mix that will appeal to their chosen target market. Our research notes that shopping centres are unique types of service business, challenged and constrained in many areas of the marketing mix as a result of both the nature of the service and traditional philosophies and practices. The marketing mix framework proposed in the paper attempts to reflect this uniqueness and offers a more comprehensive coverage of key dimensions and a useful basis for analysis and management. OBJECTIVES The following objectives have been considered for pursuing the study in hand. Objectives 1. To study the various factors which effects conversion of footfall in retail stores? . To study and analyze the various services provided by retail stores in order to convert their footfalls. 3. To study the behavior of consumers in the store and their priorities at the time of buying. International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2012, Vol. No. 3, Issue 4, January-June 2012 facultyjournal. co m/ ISSN: 2231-0703 4. To find out the measures to improve the convertibility of footfalls.. RESEARCH METHODOLOGY The following methodology have been used for the study in hand Research Design: Exploratory research Sample Size: A Sample size of 100 Sampling technique: The sampling technique has been probabilistic sampling more specifically the simple random sampling Sources of Data: Data collection is based on primary and secondary data Instruments used for collection of data: Questionnaire, interviews, journals Techniques used for analysis: Two way ANOVA and chi-square test for goodness of fit FINDINGS 1. Most of the respondents are visiting retail outlets almost twice in a week. 2. A large number of customers buying all the products available in the store. While some customers are visiting store for a particular section. 3. Most of the customers are saying that retail outlets are not offering wide range of product. 4. Most of the customers are claiming that they do not have their item of choice in the store all the times. 5. Most of the customers shopping in retail outlets due to availability of merchandise at lower prices with convenience. International Journal of Management and Strategy ISSN: 2231-0703 International Journal of Management and Strategy (IJMS) 2012, Vol. No. 3, Issue 4, January-June 2012 facultyjournal. om/ ISSN: 2231-0703 6. A large number of customers are favoring the layout and accessibility of items in the store. 7. Most of the customer believe that if the store promises to do something in a particular time, it do so. 8. A large number of customers have faith in the employee of the store. 9. Most of the customer said that store give them individual attention. 10. A large number of customers are advocating that the operating hour of store is convenient for them. 11. Most of the customers found complaining about air condition and less effective ambience the stores.

Sunday, March 8, 2020

Understanding the Difference Between Race and Ethnicity

Understanding the Difference Between Race and Ethnicity Its common to see the terms race and ethnicity used interchangeably, but, generally speaking, the meanings are distinct. Race is usually seen as biological, referring to the physical characteristics of a person, while ethnicity is viewed as a social science construct that describes a persons cultural identity. Ethnicity can be displayed or hidden, depending on individual preferences, while racial identities are always on display, to a greater or lesser degree. What Is Race? The term race refers to distinct populations within a larger species. Racial characteristics are physical and can range from skin, eye, and hair color to facial structure. Members of different races usually have relatively minor differences in such morphology- a branch of biology dealing with the form and structure of animals and plants- and in genetics. All humans belong to the same species (Homo sapiens) and sub-species (Homo sapiens sapiens), but small genetic variations trigger varying physical appearances. Though humans often are subdivided into races, the actual morphological variations dont indicate major differences in DNA. The DNA of two humans chosen at random generally varies by less than 0.1%. Because racial genetic differences arent strong, some scientists describe all humans as belonging to a single race: the human race. What Is Ethnicity? Ethnicity is the term used for the culture of people in a given geographic region or of people who descended from natives of that region. It includes their language, nationality, heritage, religion, dress, and customs. An Indian-American woman might display her ethnicity by wearing a sari, bindi, and henna hand art, or she could conceal it by wearing Western garb. Being a member of an ethnic group involves following some or all of those cultural practices. Members of an ethnicity tend to identify with each other based on these shared traits. Examples of ethnicity include being labeled as Irish, Jewish, or Cambodian, regardless of race. Ethnicity is considered an anthropological term because it is based on learned behaviors, not biological factors. Many people have mixed cultural backgrounds and can share in more than one ethnicity. Race vs. Ethnicity Race and ethnicity can overlap. For example, a Japanese-American would probably consider herself a member of the Japanese or Asian race, but, if she doesnt engage in any practices or customs of her ancestors, she might not identify with the ethnicity, instead considering herself an American. Another way to look at the difference is to consider people who share the same ethnicity. Two people might identify their ethnicity as American, yet one is black and the other white. A person born of Asian descent growing up in Britain might identify racially as Asian and ethnically as British. When Italian, Irish, and Eastern European immigrants began arriving in the United States, they werent considered part of the white race. This widely accepted view led to restrictions of immigration policies and on the entrance of â€Å"non-white† immigrants. Around the start of the 20th century, people from various regions were considered to be members of sub-categories of the white race, such as â€Å"Alpine† and â€Å"Mediterranean† races. These categories passed out of existence, and people from these groups began to be accepted into the wider â€Å"white† race, though some retained distinction as ethnic groups. The idea of an ethnic group can also be broadened or narrowed. While Italian-Americans are thought of as an ethnic group in the United States, some Italians identify more with their regional origins than their national ones. Rather than view themselves as Italians, they consider themselves Sicilian. Nigerians who recently moved to the U.S. might identify more with their specific group from within Nigeria- Igbo, Yoruba, or Fulani, for example- than their nationality. They might have completely different customs from African-Americans who descended from former slaves and whose families have been in the U.S. for generations. Some researchers believe that the concepts of both race and ethnicity have been socially constructed because their definitions change over time, based on public opinion. The belief that race is due to genetic differences and biological morphologies gave way to racism, the idea of superiority and inferiority based on race, they charge. Persecution based on ethnicity, however, also has been common. Race Trumps Ethnicity New York University sociology professor Dalton Conley spoke to PBS about the difference between race and ethnicity for the program â€Å"Race: The Power of an Illusion†: â€Å"The fundamental difference is that race is socially imposed and hierarchical. There is an inequality built into the system. Furthermore, you have no control over your race; it’s how you’re perceived by others.† Conley, like other sociologists, argues that ethnicity is more fluid and crosses racial lines: â€Å"I have a friend who was born in Korea to Korean parents, but as an infant, she was adopted by an Italian family in Italy. Ethnically, she feels Italian: She eats Italian food, she speaks Italian, she knows Italian history and culture. She knows nothing about Korean history and culture. But when she comes to the United States, she’s treated racially as Asian.† Key Takeaways Differences between race and ethnicity: Race is biological, while ethnicity is cultural.Ethnicity can be displayed or hidden, while race generally cannot be.Ethnicity can be adopted, ignored, or broadened, while racial characteristics cannot.Ethnicity has subcategories, while races no longer do.Both have been used to subjugate or persecute people.Some sociologists believe that racial divisions are based more on sociological concepts than biological principles. Sources: https://www.worldatlas.com/articles/what-is-the-difference-between-race-and-ethnicity.html https://www.diffen.com/difference/Ethnicity_vs_Race https://www.livescience.com/33903-difference-race-ethnicity.html

Monday, February 24, 2020

Critically examine why financial liberalisation brought financial Essay

Critically examine why financial liberalisation brought financial crisis in most of the Asian countries (for example South Korea, Malaysia, Indonesia and Thaila - Essay Example Transactions in financial markets are affected by the efficiency of intermediaries such as brokers who put buyers and sellers together and professionals who keep the market in operation, ranging from clerks who keep records and financial analysts who allow information to flow within, to, and from the market (Howell et al., 2002). Historically, financial markets evolved under the close supervision, regulation, and protection of governments for the good of market agents (the suppliers and users of funds). Through laws, suppliers of funds such as depositors or lenders were protected from swindlers who ran away with the money, whilst users or funds borrowers had to be protected from usurious lenders. Whilst the government also made it difficult for a small number of market agents to establish an oligopoly, it also saw the need to create monopolies mainly for legitimate reasons such as the regulation of prices, public protection, and to stimulate market competition. However, when governments become too complacent, these legitimate reasons become intertwined with political factors and became illegitimate and burdensome, and instead of improving market efficiency it had the opposite effect: markets became too costly, prices were too high, artificial, and not competitive, and therefore highly inefficient. Inefficiency is tantamount to a lack of freedom in the operations of markets, so the call for market liberalisation is in effect a strategy to "free" the market from government regulations. Liberalisation is the removal of government interference in economic markets and barriers to trade (Stiglitz 2002: 59) and is supposed to improve a nation's economy by forcing resources to move from less to more productive uses, thereby raising efficiency in the use of resources. Liberalisation is not necessarily a bad thing because in fact and intention, it is for the benefit of market agents. However, like most other realities of life, if it is not done well it can end in disaster. Just to give some examples easy to understand: you don't ask a young man who just received his driver's license to race against David Coulthard or expect the Manchester school district's soccer champions to play well against Manchester United. Yet, this is what liberalisation attempts to do: the best way to improve the efficiency of financial markets is to let it free, which usually means allowing competitors both local and foreign to slug it out in open competition. The good ones will adjust, learn, and survive, whilst the poor ones will disappear. The financial markets of Southeast Asia before the crisis shared the characteristics of a market that was not free and of being under the influence of government regulations that stifled competition. The foreign exchange market was protected by a government that intervened in transactions to keep the local currencies artificially high. Bank interest rates were kept artificially low to favour local borrowers, which included local governments and favoured conglomerates. Awash with cheap funds, wanton borrowing and wild lending happened side by side to construct golf courses and buildings and purchase Porsches. How Inefficiency breeds Crisis The Asian financial crisis of 1997-1998 has been one of the well-studied

Thursday, February 20, 2020

Compare and Contrast the production in Nirvana's albums 'nevermind' Essay

Compare and Contrast the production in Nirvana's albums 'nevermind' and 'in utero' - Essay Example In contrast, In Utero was intended to have a much more primal sound than Nevermind. This was the intention from the first, and Cobain and producer Steve Albini made this sound come to life. One of the techniques in making the sound of In Utero more primal and natural than the sounds of Nevermind was that the band put microphones in the recording studios, therefore the sounds of the band performing in the studios were picked up in a natural way. The two albums were different, as well, according to Azzerrad (1993) in that Nevermind blended the influences in their songs – punk, pop and rock. However, in In Utero the songs tended to reflect one influence more than another. From the soft, Beatlesque pop song Dumb, to the pure punk sound of Milk It, the influences that inspired Nirvana were less blended in the third album than they were on the second album. This essay will examine the critical differences between the two albums, and will look at three songs in depth – In Bloo m from Nevermind; and Dumb and Heart Shaped Box from In Utero. Nevermind verses In Utero In the album Nevermind, which was Nirvana’s second studio album, the sound featured by the band would be characterized, for the most part, as rageful. As noted by Charles Cross (2001), in this biography of Kurt Cobain, titled Heavier than Heaven, many of the songs were written by Kurt Cobain in a period of despondency and rage after his girlfriend, Tobi, dumped him. Cobain wrote songs, such as â€Å"Aneurysm,† â€Å"Drain You,† â€Å"Lounge Act,† and â€Å"Lithium† during this period of despair, and these songs were all about Tobi. This rage was evident in the sound of the music from this album – as Rutherford (1991) puts it, songs like â€Å"Smells Like Teen Spirit,† with its stuttering chord progression to the thundering drums, displayed shades of metal, punk and pop at its heart. The song also featured the vocals which were in line with the gui tar. Classic Nirvana, according to Rutherford (1991) features heavy bridges, heavy choruses, and heavy drums and bass lines. Cohen (2009) specifically analyzed the song â€Å"In Bloom.† He states that the Nirvana sound was marked by distorted guitars with a thunderous sound, and singing that was more like screaming. This is the sound on the surface. The sound was also simplistic because, according to Cohen (2009), the harmonies were repetitive, the instrumental arrangements dogmatic, the rhythmic patterns were fixed, and the songs utilized basic strophic forms. Because of the seemingly simple level of the music, Cohen (2009) states that rock critics have been loathe to study the band, as they have been unable to find the complexity hidden beneath the simplistic surface of the band’s songs on Nevermind. That said, Cohen (2009) states that Nirvana did have complexity, in that they were unique and innovative, with harmonic idioms that hearkened back to traditional rock pa tterns with new harmonies. The trademarks of Nirvana, and its closely related cousins – Alice in Chains, Soundgarden and Pearl Jam – are marked by use of the Phygian mode (minor mode with a lowered second degree), power chords, basic harmonies that blur the definition between minor and major keys, cross relations between sequential chords, and melodies and harmony that clash chromatically. Cohen (2009) chose In Bloom for special analysis, as it has a wider harmonic palette

Saturday, February 8, 2020

Global Trends Paper Essay Example | Topics and Well Written Essays - 750 words

Global Trends Paper - Essay Example This heterogeneity and culturally diverse employment landscape shall present several challenges that need to be dealt with. Not only will cross-cultural communication be a basic requirement in future but also the area of knowledge management will become critical to employees and employers alike. Keeping in view these trends, individuals, including me, will have to acquire extensive training and job-specific education in order to obtain a better fit with the need for IT skills in upcoming jobs (Stair and Stair). What is even more important is that I shall be required to develop strong cross-communication skills which shall be useful during my interactions with a diverse workforce in order to arrive at possible business solutions. Of which learning and development process, virtual learning shall form a large part. Therefore, training sessions may not always be physical; they would include webinars as well as video conferencing to ensure maximum gains from training. Another significant trend that has emerged after the IT bubble burst is that the recruitment and selection processes have become lengthier and involve greater scrutiny (Preibl, Bouwman and Steinfield). On the other hand, the good news for professionals like me in the long run would be that increasingly companies are taking steps in order to retain genuinely talented individuals with IT expertise. In doing so, these companies are offering incentives such as higher compensation, greater training and career development opportunities, flexible work schedules as well as bonuses for good performers. Employees who hold IT skills in highly rewarded professions may expect to obtain huge increases in their salaries. Thus, if employees, including me, acquire the IT skills required for the job, there will be better employment opportunities in terms of the above mentioned factors. Also, because the rate of technology becoming obsolete is every high with the boom in tablets, PCs and cloud computing, individuals who acquire degrees in specialized IT fields can secure high pay levels. The role of IT consultants, in particular, has enhanced rapidly as firms hire outside experts to help them manage their massive investments in IT. Also, according to research estimates, the demand for skilled IT workers is outstripping supply, leading to a wage premium for such workers. At the same time, however, the college graduates are facing the brunt of a 2% unemployment rate (Lerman). Therefore, for potential employees such as me, acquiring the right skill set is the first step towards securing a well-paid job which in future is likely to be one involving specialized knowledge of IT. The challenge associated with IT, on the other hand, is that increasingly pay is becoming variable as opposed to the traditional fixed salaries. Therefore, pay is increasingly being associated with individuals’ performance which means that if workers do not perform well their compensation will be reduced accordingly and vi ce versa. This shall become more stressful for workers, including me, who will have to constantly ensure that performance targets are being met. Also, the concept of job security is becoming increasingly threatened with the boom of IT as well as the global recession. Thus, one can expect being fired for not performing, or simply being laid off due to downsizing of the corporation. This is increasing specially because of the abundance of IT

Tuesday, February 4, 2020

UKCCA Event Project assessment Coursework Example | Topics and Well Written Essays - 1250 words

UKCCA Event Project assessment - Coursework Example All the activities listed above are potential fun filled activities that can be a good source of relaxation and the students that the communities living near the centre could engage in. the centre needs to clearly plan for the activity chosen and the target group of customers so that it achieves success in hosting any of the events. During this time the centre will host a couple’s night out and a special dinner party. The party should include a special dance session at the end which will be a performance by an artist to be decided upon by the organizing committee. The party whose main attraction group should be young couples who do not get the chance to go out during the year, should include themes that attract the young couples especially in collage and those that have just left collage. This group is targeted because they do not get the chance to go out often due to schooling commitments or work and at this festive time they would consider an outing. The dinner will include a meal preferably a buffet served at the restaurant. The guests who will have specific preferences will be allowed to send in their requests in time to facilitate earlier preparation. At the end of the dinner, a music band will entertain the guests and a dance will be in order to conclude the function. The party will include costs for hiring the venue in order to host the event. An ample seating space for the guests and parking should the visitors need the same. The seating allowance at each table will be as indicated by the management of the centre. The costs at each table will be at normal charges and the payment of the Disk jokey and the performing artist will be catered for by the event crew. In addition, more ushering staff will also be hired by the organizing committee. For the entire plan of financing the whole party, kindly see the