Wednesday, October 9, 2019
Urban wildlife management in arizona Essay Example | Topics and Well Written Essays - 250 words
Urban wildlife management in arizona - Essay Example This is something that makes the wild animals insecure and can be used in explaining the fact that they have been attacking human beings without being provoked. The fact that their natural habitat has been invaded is already enough provocation to them (Luniak, 2004). This leads to the solemn point that the government should also make sure that in the bid of expanding citys wildlife should always be considered. There are a number of ways in which wildlife can be considered in such a case. This is because in this case they as just as endangered by the situation just like human beings are. There can be made plans that will see to it that their inhabitants are fortified in such a way that they will not be easily found in the areas that are inhabited by human being (p. 67). The wild animals that cannot be easily put away from human beings habitat could also undergo scientific gene modification to make sure that the hostility that they have towards human beings is moderated. Some people would argue that this would be endangering the wild animals, but industrialization and urban growth are already putting them and human being in danger with each side fighting for survival at any cost (p.
Tuesday, October 8, 2019
Why I Chose a Career in Nursing Essay Example | Topics and Well Written Essays - 500 words
Why I Chose a Career in Nursing - Essay Example Practicing as a Nurse can be both emotionally challenging and rewarding. Nursing involves the care of people throughout the continuum of life and provides an essential service to humankind. The career possibilities are endless in nursing. Nursing is a profession offers exciting challenges and unlimited career opportunities which excites me and motivates me to continue my service. I have been working primarily in the area of Ophthalmology for the past few years. In general nurses work in hospitals, clinics, schools, wellness centers, long-term care facilities, hospices, physician offices, home settings, and temporary help agencies. Besides, nurses can specialize in a number of roles including: Neonatal Nursing, Labor and Delivery Nursing, Intensive Care Nursing, Operating Room Nursing, Cardiac Care Nursing, Geriatric Nursing, Pediatric Nursing, Oncology Nursing, Rehabilitation Nursing, Occupational Health Nursing, Pulmonary Nursing, Diabetes Nursing, and others. With the experience I have developed over the years, an understanding of the overall needs of both patients and an evolving health care industry, I decided to pursue a career in nursing because of the many opportunities available. With a wide assortment of different fields to choose from, my particular area of interest is to work as a medical surgical nurse. A medical surgical (med surg) nurse has the capacity to function in both a medical and surgical environment involving care in the pre and post-operative period. This field requires a broad base of medical knowledge applicable to wide range of medical and surgical conditions. I understand the responsibilities are challenging. A med surg nurse assesses patient health problems and needs, develops and implements nursing care plans, and maintains medical records. With my long service in the nursing field, I am confident that I
Monday, October 7, 2019
THE LOTTERY Essay Example | Topics and Well Written Essays - 250 words
THE LOTTERY - Essay Example In this case, Jackson questions this tradition implicitly by stating that the villagers are not very conscious about the actual lottery but still continue to conserve its tradition (Jackson 7). The writer reveals how rationalizing such a primal tradition makes it difficult to view any rituals involved as anything but hypocritical. As a result, only readers can see the madness of this tradition by the villagers. The theme of tradition is very applicable today. Much emphasis and emotional value is placed on yearly celebrations such as Christmas and New Year’s Day. On top of these emphases, consumerism marks both traditions and impairs any rational judgment required to rethink their rue values to society. Christmas today cannot be celebrated without overindulging in shopping behavior and bodily consumption to the extent that shoppers get violent when products sell out in stores. I think society’s blind adoption of excessive consumption during Christmas as a tradition allows it cover its ears to any logic and has ultimately become part of its
Sunday, October 6, 2019
Path of Light Essay Example | Topics and Well Written Essays - 500 words
Path of Light - Essay Example Depending on the surface and the position of the reflective surfaces images can be inverted and in other cases depending on the arrangement of the surfaces form many images. The structure and path that the light follows is therefore dependent on the surface and the origin of the light at the source. The reflective surfaces differ from curved surfaces to mirrors that reflect the light and form an inverted image (Keller et al 29). In addition, if the image is reflected across two mirrors there is formation of many similar images that are formed through reflection. Curved surfaces on the other hand form images depending on whether the surface is concave or convex with each surface forming its own unique form of image (Kokhanovsky 107). This is as a result of the path that the light takes once it hits the curved surface and the eventual image that is illustrated on a screen. Similarly there are images that are formed from shiny surfaces that are brighter and more reflective while the dar ker images form unique and distinct images depending on whether the surface can let any light pass through. The surface is therefore an important part in understanding the path of light since it forms different images depending on the surface. There are different methods that can be used to make an experiment and establish the path of light and how the light travels from one source to another. One of the experiments uses cardboards that are placed in a straight line with holes on the same point. The cards are used to show that when one illuminates light at one end the light is seen at the other end when the cards are arranged in a straight line. However, if one of the cards is located on a different position or the hole on the cards are not in congruence then there is no image formed at the other end. The light does not move to the other cards since it does not travel in
Saturday, October 5, 2019
Health Organization Essay Example | Topics and Well Written Essays - 750 words
Health Organization - Essay Example The healthy centre has been in existence since 1965 despite the numerous challenges that it faces. Saint Anthony centre for diabetes handles various cases that are related to nutrition, obesity, and metabolism. In addition, the hospital handles chronic conditions that affect diabetes patients. This paper will therefore analyse the marketing strategies of Saint Anthony’s hospital. The marketing mix (4 Ps) is one of the most common tools used to explain marketing phenomenon. The 4 Ps of marketing are products, place, price and promotion. The main product that the centre offers is treatment of diabetes and related complications. This is done through medication, or putting the patients (clients) on diet programs. The hospital also offers counselling services to patients with chronic conditions or those who are suffering from depression because of their ailments. Other products that the hospital offers are testing kits that are used by patients to test the level of sugars in their blood. Unlike other health organizations, saint Anthony diabetes centre offer comprehensive services to its customers. The hospital not only treats the medical condition by giving its patients control and regulation medications, but it offers counselling service to its patient. This is a critical aspect, since diabetes is a chronic disease that leaves its patients exposed to psychological depressions. The hospital has also enabled its patient to be able to monitor their health condition using the blood-sugar level test kits. This enables patients to monitor their health condition constantly without going to the health centre. Finally, the hospital offers its services in both English and Spanish. This has enabled the hospital to serve a wide range of customers. Saint Anthony serves its patient through its main centre in Chicago and other affiliated centres and clinics that are found in other major cities. In addition, the hospital has outreach programs that targets corporate and scho ols. Through the outreach programs, the hospital offers education on healthy nutrition and the significance of physical exercise. Price is a critical factor that affects the sustainability of business. The price of the products also determines the class of customers that a business attracts. The centre has compressive price strategies that cater for all its customers. The government and other organizations that are concerned with diabetes subsidize treatment for diabetic patients. Promotion involves informing the customers about the products offered by the business. The hospital markets its products through the media and field practice. Outreach programs in schools and corporate are some of the strategies that the hospital use to market its products. The centre mainly promote its services and products through partnership with schools and corporate. Relationship with these marketing partners is based on the special requirement of each of the marketing centres. For instance, a corpora te has requirements and expectations that are different from those of schools. In addition, the marketing collaborates benefits from the partnerships and the services offered by the centre. Affiliate schools use the partnership as a platform to promote healthy behaviours among their students. For instance, drug abuse and poor eating habits promote chronic conditions such as depression and cancer. These factors are also known to promote diabetes. Thus, schools consider this partnership as an opportunity to educate their students on healthy lifestyles. Similarly, the partnership benefits both the hospital and the corporate. Most professionals are faced with the challenge of balancing their professional life and social life leading to health complications. Corporate have the responsibility of ensuring that
Friday, October 4, 2019
Time Value of Money Essay Example for Free
Time Value of Money Essay Interest rate pertains to the earning which is made over time (Valentino, 2002). Two important parties are engaged in this scenario – the borrower and the lender. The borrower incurs the losses while the investor has the interest, the profit, after the term is fulfilled. There are two main types of interest rates according to their nature: nominal interest rate and the real interest rate. Nominal interest rates are fixed and normally contract bound for a given term. While real interest rate takes inflation into account, thus the interest rate is subject to change over time, depending on the economic conditions (Dr. Johnson, 1994-2005). For example, a $10,000 loan with an interest rate of 20% payable for 2 years will have the same interest rate until the 2-year term ends under a nominal interest rate setting while the interest rate is likely to change after the 1st year under a real interest rate setting. Interest rates can also be classified according to their earning power: simple interest and compound interest. In simple interest, only the principal amount gains interest. While in compound interest, the current amount (principal + the previous interest incurred) will gain the interest (Valentino, 2002). For example, if Mr. X borrowed $10,000 from a bank with a simple interest rate of 10% annually. The interest will be equal to $10,000 X 0.10 X 2 which is equal to $2,000. Hence, the accumulated value will be equal to $10,000 plus $2,000 which is equal to $12,000 after the 2-year term. While under compound interest, after the first year, the interest would be $10,000 X 0.10 = $1,000 and the accumulated value will be $11,000. This will become the new principal. After the second year, the interest would be $11,000 X 0.10 = $ 1,100 and so the accumulated value would be $ 12,100 at the end of the 2-year term (TVM 1.2.2 Java Bean, 2007)            Discount rate is not much different from the interest rate. Actually, it is also governed by the same principle. The only difference between the two is that the interest is paid at the end of the term under an interest rate, but under a discount rate, the interest is paid immediately or at the beginning of the period (Dr. Johnson, 1994-2005). Using the previous example, under a simple discount rate of 10% if Mr. X would have to borrowed the same amount then, the bank would not give him $10,000, but less the interest. Since the interest must be discounted at the beginning, then the bank will only lend him $8,000 but he has to pay $ 10,000 at the end of the 2-year term (TVM 1.2.2 Java Bean, 2007).            Clearly, the interest and discount rate are some of the most important economic indicators. Proper computation and data would give economists a measure of how much an interest rate would be. Therefore, to preserve the value of money through time, analysts should accurately measure the current economic trends and implement the most accurate rates as possible. References: Valentino P. (2002). Interest Rates. Retrieved August 17, 2007, from Economics Web Institute. Website: http://www.economicswebinstitute.org/glossary/interest.htm. Dr. Johnson, P.M. (1994-2005). A Glossary of Political Economy Terms: Discount rate. Retrieved August 17, 2007, from Auburn University.                                            Website: http://www.auburn.edu/~johnspm/gloss/discount_rate. TVM 1.2.2 Java Bean. Retrieved August 17, 2007                                                            from: http://www.getobjects.com/Components/Finance/TVM/tvm.html.
Thursday, October 3, 2019
Padini Holdings Berhad Is A Malaysia Based Investment Marketing Essay
Padini Holdings Berhad Is A Malaysia Based Investment Marketing Essay Padini Holdings Berhad is a Malaysia-based investment holding company. Padini has setup its operation in Malaysias apparel industry, manufacturing and trading. Its product line includes garments for men, women and children; women shoes, maternity wear and fashion accessories for men, women and children.. It operates in Malaysia and Hong Kong. Its major subsidiaries include Vincci Ladies Specialties Centre Sdn. Bhd., Padini Corporation Sdn. Bhd., Seed Corporation Sdn. Bhd., Yee Fong Hung (Malaysia) Sdn. Bhd., Mikihouse Childrens Wear Sdn. Bhd., Vincci Holdings Sdn. Bhd., Padini Dot Com Sdn. Bhd., The New World Garment Manufacturers Sdn. Bhd. and Padini International Limited. PEST ANALYSIS Political Factors In order to improve consumers spending in the clothing industry, Mega Carnival Sale has been implemented by the Malaysian government is to be held 3 times a year. Its main purpose is to promote Malaysia as a value for money shopping destination. This aggressive approach attracts the tourist to shop at the local apparel outlets, which in turn would increase foreign tourist spending and increases our countrys foreign exchange earnings. This would also encourage the Malaysians to shop locally, which would benefit Padini Holdings Bhd in terms of their sales. This has created an opportunity for the domestic companies. However the side effect of such activities would stimulate the domestic economy and increases the number of competitors in the domestic market. Nevertheless, Padini Holdings would still stand out as a market leader. Economic Factors Malaysias economic growth is to be has been unstable fluctuating from -1.5 to -2.6 from 2008 to 2010. The highest growth was during the period of March to September 2009 which increases from -7, 8 to 5.7. The economic growth is expected to be due to the domestic market with growth in the private sector. The private sector makes up the majority of the Malaysian economy, with private consumption accounting for nearly 44% of GDP. Love Malaysia, Buy Malaysia campaign was launched to by the government to get Malaysians to support domestic market and take holidays in local tourist sites. The government also subsequently launched a national campaign on wise spending, with the aim to educate consumers on the importance of domestic demand on the GDP growth and economic recovery as a whole. Social Factors Malaysian is classified as an upper middle-income country, and considered as one of the most developed among the developing countries. Middle income households defined as those earning between RM1, 500 and RM3, 500 per month, and has increased from 32.3% of total household population in 1995 to 37% in 1999. The low-income group, categorized by household income of up to RM1, 500 per month, spends a proportion of this amount on food. Meanwhile, the high and middle income households spend most of their money at hypermarkets. 3.4% of their income is spent on clothing and foot wear. Malaysias consumers lifestyle has been changing for the better due to the rise in education levels. High profile retailers as well as global mass media have shaped consumers buying behaviour, resulting in the Malaysians being more westernized. The Malaysians life leisure life revolves around trendy shopping malls. Therefore Padini Holdings Bhd has to be more update with the latest trends. They have to advertis e and keep the consumers informed and reminded that they still exist and provide the customers with quality and trendy clothes. Technological Factor With the Internet and e-commerce, retailers can now sell their products online and deliver it to customers on their door-step efficiently within a timely manner. It can make customers life more convenient as they do not need to get their house to go purchase a product in the hypermarket and making the purchase at the comfort of their own home. Furthermore, retailers can also sell their products to the overseas market without the need to open a physical store in the foreign country. This helps Padini Holdings to earn more profit using online intermediaries and cut costs by not establishing new stores in certain areas. PORTERS 5 FORCES 4.1 Intensity of rivalry among existing competitors In todays industry, many company has increase its size in order to competitively fit. Most company now is equally big in terms of size. When the firms are of equal size, they will have to compete for the same resources such as brand image, market share, customers loyalty, and other factor. This would result in a high rivalry and a threat for Padini Holdings Bhd, especially since its competitors: Giordano Holdings Bhd, Bonia Corporation Bhd and Esprit are of equal size. Hence, Padini has to compete with aggressive strategies, such as opening more outlets and creating new and trendier styles and designs to capture customers attention. Cost of switching is low The cost of switching is low, because customer will only have to compare prices of competitors clothing and services offered. They can also compare the styles of the clothing season. This increases the rivalry among competitors and Padini will never stop competing against Bonia, Esprit, Giordano to ensure that they make a sale, and that customers will always keep retuning because of the trendy clothing styles. This is a big catch for the competitors because constant advertising counts in calling to the customers. 4.2 Threat of Substitutes In the retailing and manufacturing industry for apparels, there is no visible substitute, because clothing is a basic need and necessity. However, there are potential substitutes in reaching to the customers. This is in the form of a non-retailing store, where by it is slowly gaining popularity in the Asian countries. Non-retailing include direct mail, online shopping, direct mailers, telephone sales, door-to-door selling. In Malaysia, we have already seen this appearing such as SmartShop, Cosway, Amway, and others. However the treat of substitutes is weak, because there isnt an entry yet on clothing only perhaps online shopping which is currently available at large, but hasnt gained popularity in the Asian culture. 4.3 The power of Buyers Padini has the same customer base as its competitors. Therefore, switching cost is low and if customers are not satisfied with the quality, and service offered it can switch easily to its competitors and purchase from them. The issue here is the fashion, how fashionable is the products of Padini and does it provide the better value to the customers than its adversary. The bargaining power of buyers here is moderate, and they can influence fashion and trend. Thus Padini must be sensitive to the customers ever changing trend to satisfy their needs. However, the products are differentiated, thus buyers arent able to find the same style and instead have to purchase from Padini even if the price is moderately high. 4.5 Threat of entry The existing companies such as Padini, Bonia and Elba have already established themselves with manufacturing. They are already operating at the lowest cost possible because their selling prices are much cheaper than foreign competitors. Since they achieved economic of scale it is difficult for new comers to come into the market, because they will face retaliation from the existing companies. New companies can come into the market, however they cannot operate in a large scale immediately, instead they can compete with smaller competitors that are not listed in the KLSE, and once they have been in the market for long and have expanded in size, can they start to compete with Elba, Padini, Espirit and Bonia. *Product Differentiation Established firms like Padini, Elba, and Bonia already have brand identification and customer loyalties. It has taken several years to obtain this through heavy expenditures spent on advertising, creating a good customer service, creating the products with style and fashion. As for Padini, they have acquired a large amount of market share after establishing its brand for a long time. Thus, entry here will be low because new companies will have to study the market and do good public relations to win the heart of consumers. Furthermore, it is very risky to build a brand name, because there is a potential of failure even if a big amount of money has been spent on advertising, thus suffering from a start up loss which may take years to recover. 5.0 COMPETITORS ANALYSIS Within the apparel industry, here are a number of retailers that have already been well established such as, Bonia, Espirit, and Giordano that are direct competitors of Padini. They are selling the same product but it is highly differentiated in their style, design and services provided. 5.1 5.2 Bonia Corporation Bhd Bonia was incorporated as a private company on 28th August 1981, and became public on 22nd June 1993. The Bonia Group is involved in the designing, manufacturing, marketing, retailing, wholesaling and franchising of fashionable leather goods, accessories and apparel for the local and overseas markets. Bonias market share in Malaysia and Singapore is currently between 35% and 40%. Bonia has two factories in Malaysia. The strengths possessed by Bonia is that have a superior and well established brand name, compared to the formal wear at Elbas fashion menswear. They have also expanded into the foreign market such as New York, London, Paris, Tokyo, Hong Kong, and Thailand. Bonia has several promotional activities such as the members card, whereby point can be accumulated. The weakness of Bonia is that during the 97crisis, their financial performance had been affected, and in the later years, they had to change their strategy and focus on the core products and to ensure a profit, they had to dispose of their land which was meant for the construction of apartments. 5.3 Esprit Holdings Limited Headquartered in Hong Kong, Esprit Holdings Limited is engaged in the sourcing, retail and wholesale distribution and licensing of quality and lifestyle products designed under the globally recognized ESPRIT brand name. It has been a listed company in Hong Kong since 1993 and has a secondary listing on the London Stock Exchange since December 1998. The strengths of Esprit is that they have a very well established brand, and they have been expanding tremendously in the overseas market, and have ventured into new product lines such as sports wear and clothes for kids. They have been successful in their financial performance, and have managed to survive with positive figures even during the turbulent events that took place in the economy. However, the weakness is that in Malaysia itself, they are not very aggressive in their advertising. They seldom advertise when there is a sale or when any other promotional events are taking place or when they are launching a new clothing design. 5.6 Giordano The company was established in 1981 and it is one of the well known and established brands in the Asia Pacific region especially Malaysia. Giordano is a retailer of unisex casual wear apparel catering to a market which is young and looking for affordable clothes. Simplicity is perhaps the most important guiding principal of the brand Giordano feels that by keeping everything simple. The strengths of Giordano are that it offers simple clothing in terms of its designs. It is cheap compared to other foreign competitors like Esprit, and even with these affordable prices, their products are of good quality. The weakness however is that they have been doing poorly in their financial performance ever since the 97crisis took place. Thus, with insufficient funds, they are not able to aggressively advertise and expand their outlets across the Malaysia region. Conclusion The key success factors of Padini are that they are very aggressive in their advertising compare to most of their competitor. They recognize the value of promotions and advertising as a way of building a brand image. This incepts a strong image in the customers mind that it is a brand of great value and affordable for them. Padini is always one of the top few brand in the customers list when they buy their clothes especially formal dressings. Padini is always implementing new concepts diversely in the apparel industry in order to be unpredictable and stand out from its competitors. The firm is also began to expand into overseas neigbouring countries such as Bangkok and Thailand. This accounts for one of its globalization strategies. The downside of this company is that it has too many different brands. Their famous brands is Padini Concept and Vincci which is widely known by the consumers whereas the other brands are not well exposed to the customers. Some of them maybe known to the customer but they do not know that they belong to the same family.
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