Monday, August 24, 2020

Research Philosophy :: Ontology, Epistemology

Research reasoning, alludes to the improvement of information received by the specialists in their examination (Saunders, Lewis and Thornhill, 2009). At the end of the day, the hypothesis used to coordinate the specialist for directing the methodology of research configuration, look into system, survey plan and inspecting (Malhotra, 2009). It is essential to have an away from of the exploration reasoning with the goal that we could analyze the suppositions about the manner in which we see the world, which are contained in the examination theory we pick, realizing that whether they are proper or not (Saunders, Lewis and Thornhill, 2009). As indicated by Saunders, Lewis and Thornhill (2009), three significant perspectives about research theory are inspected: philosophy, epistemology and axiology. Every one of them conveys noteworthy contrasts which will affect the manner in which we think about the examination methods. Cosmology, â€Å"is worried about nature of reality†, while epistemology â€Å"concerns what comprises adequate information in a field of study and axiology â€Å"studies decisions about value† (Saunders, Lewis and Thornhill, 2009, p110, p112, p116). This examination is determined to making some â€Å"facts† from target assessments which are made by the subjects. Hence, epistemology will be picked for this investigation as the perspective about the examination reasoning. All the more explicitly, epistemology likewise contains three philosophical positions: positivism, authenticity and interpretivism (Saunders, Lewis and Thornhill, 2009). Positivism position as a rule underpins examining or considering a noticeable social reality and the last creation could be â€Å"law-like speculations like those delivered by the physical and regular scientists† (Remenyi et al. refered to in Saunders, Lewis and Thornhill, 2009, p113). It is successful to produce an examination technique to gather the respectable information which originates from discernible reality along these lines adding to creating theories (Saunders, Lewis and Thornhill, 2009). In this investigation, we target investigating the respectable and quantifiable outcomes from people so as to comprehend the impact of shock on viral showcasing by means of web based life in viewpoints of message qualities. Along these lines, the way of thinking of positivism will be embraced in this examination fo r gathering noteworthy information from the subjects to deliver some â€Å"law-like generalisations†. Nonetheless, it is consistently hard to choose whether interpretivism ought to be applied to lead a more profound investigation identifying with subjects’ mentality for upgrading the accuracy. Increasingly convoluted, such a quandary would frequently prompt the impression of authenticity, which is partitioned into direct authenticity and basic authenticity (Saunders, Lewis and Thornhill, 2009).

Saturday, August 22, 2020

Keep Struggling Students Working with These Strategies

Continue Struggling Students Working with These Strategies As an educator, there is nothing more testing than attempting to assist a battling understudy. It can turn out to be very troublesome and as a rule you are left inclination powerless, particularly when everything that you have attempted doesnt appear to work. Some of the time, it might appear as though the least demanding activity is to simply offer the understudy the response and be finished with it, you do have around twenty different children to go to all things considered. Nonetheless, this isn't the appropriate response. The entirety of your understudies need you to give them the devices to drive forward. Here are the best 10 encouraging systems to enable your battling understudies to continue going. Show Students Perseverance So as to prevail with regards to anything throughout everyday life, you need to buckle down. Understudies who are battling in school have never been instructed that when troubles arise that they need to push through it and continue attempting until they get it. Have a go at recording some rousing statements and tips on how understudies can continue on and balance them in the study hall for anyone passing by to view. Try not to Give Your Students the Answer Fight the temptation to offer your understudies the response. While this may appear the most straightforward thing to it, it isn't the sharpest. You are the instructor and you must give your understudies the apparatuses they have to succeed. In the event that you simply offer them the response how are you instructing them to do it all alone? Whenever you need to spare time and simply offer your battling understudy the response, make sure to give them the instrument to do it all alone. Give Children Time to Think Whenever that you request that an understudy offer you a response have a go at holding up an additional couple of moments and see what occurs. Studies have demonstrated that educators possibly hold up about 1.5 seconds between when they ask an understudy an inquiry, and when they request that an understudy answer. In the event that solitary the understudy would have additional time, would they have the option to thought of an answer? Try not to Take I Dont Know for an Answer How frequently have you heard the words I dont know since you begun instructing? Other than giving understudies more opportunity to think, likewise make them concoct an answer. At that point have them disclose how they came to find their solution. On the off chance that all the kids realize that it is a necessity in your study hall to think of an answer, at that point you will never need to hear those feared words again. Give Students a Cheat Sheet Frequently, battling understudies make some troublesome memories recalling what is anticipated from them. To assist them with this, have a go at giving them a cheat sheet. Have them record the headings on a clingy note and spot it on their work areas, or try to consistently record everything on the board for the understudies who continually need a reference. Not exclusively will this assistance the understudies, however it will likewise discourage a great deal of them from lifting their hands and asking what they need to do straightaway. Show Time Management Numerous understudies make some hard memories with time the executives. This is typically in light of the fact that dealing with their time appears to be overpowering, or essentially in light of the fact that they have never been shown the expertise. Take a stab at helping understudies with their time the executives abilities by having them record their day by day calendar and how much time they think it takes them for every thing that they recorded. At that point, go over their calendar with them and talk about how much time should be spent on each undertaking. This movement will enable the understudy to see how dealing with their time is fundamental with the end goal for them to prevail in school. Be Encouraging More often than not understudies that battle in the homeroom, battle since they have no trust in themselves. Be empowering and consistently tell the understudy that you realize they can do it. Your consistent consolation might be all they have to drive forward. Instruct Students to Move On At the point when a youngster stalls out on an issue or an inquiry, their first response is as a rule to lift their hand and request help. While this is an alright activity, it ought not be their first activity. Their first response ought to be to attempt to make sense of it all alone, at that point their qualm ought to be to ask a neighbor, and their last idea ought to be to lift their hand and ask the instructor. The issue is, you need to show the understudies to do this and make it a necessity that they follow. For instance, if an understudy is stuck on a word when perusing, have them utilize the word assault system where they take a gander at the image for help, attempt to extend the word or lump it, or avoid the word and return to it. Understudies need to utilize the instrument of proceeding onward and attempting to make sense of it themselves before requesting help from the instructor. Advance Cognitive Thinking Urge understudies to utilize their reasoning tops. This implies when you ask them an inquiry, they should set aside the effort to consider their answer. This additionally implies you as the instructor need to concoct some imaginative inquiries that truly make the understudies think. Instruct Students to Slow Down Instruct understudies to take it each errand in turn. Here and there understudies will think that its simpler to finish the undertaking when they break it separated into littler, least complex errands. When they complete the initial segment of the undertaking then they can proceed onward to the following piece of the task, etc. By taking it each assignment in turn understudies will find that they will battle less.

Mandatory Life without Parole for Juveniles Essay

Official SUMMARY At present, more than 2,500 individuals are carrying out an actual existence punishment without the choice of parole for violations submitted as young people. Luckily, this arrangement isn't considered in all states. Twelve states have ended life sentences without the alternative of parole for adolescents. Right around 66% of existence without any chance to appeal sentences for adolescents (JLWOP) occurs in five states. Seventy-three youngsters were ages 13 or 14 at time that their wrongdoing was submitted. Research has been directed that demonstrates the huge distinction in mental health of a kid contrasted with a grown-up. Society doesn't permit minors to buy cigarettes or liquor, enroll into the military or go into a lawful official understanding, for example, a loft rent until the age of 18 or more seasoned as a result of the information that minors are not full grown enough to settle on specific choices. In any case, when a minor submits murder we permit them to be condemned as a grown-up and ignore their incomplete mental health and diminished culpability. It is the duty of society to shield our kids from barbarous and strange discipline, for example, adolescent existence without any chance to appeal sentences. The approach brief will give a past filled with the adolescent equity framework, patterns, and current state. Brief will likewise address significance of the issue and proposals for change of this approach. Setting AND IMPORTANCE OF THE PROBLEM Nearly everybody would concur that youngsters are the center of our future. Along these lines, it is basic that we have laws/approaches set up that will shield them from barbarous and abnormal discipline in any way. Be that as it may, much discussion keeps on emerging concerning required life in jail without the chance of parole for adolescent guilty parties. In endeavoring to change a social approach concerning the adolescent equity framework it is essential to address the worry in its unique circumstance. In this way, looking into the historical backdrop of the adolescent equity framework is basic when endeavoring to comprehend the framework in its present state. The disposition of society towards adolescent guilty parties has definitely changed throughout the years and in this way affected the general objective of the framework. The adolescent framework was set up in the late 1800s with the objective to change and restore. During this time it was theâ belief that â€Å"bad situations caused terrible children†. Thusly, particular establishments called reformatories were framed to inseminate home like situations. The fundamental conviction that inspired this structure of the framework was that youngsters were far not the same as grown-ups and would have extraordinary individualized needs. As opposed to the delicate thought of reformatories youngsters were frequently exposed to cruel work conditions in industrial facilities and homesteads. Regularly, youngsters who arrived at fifteen years old were viewed as kids with practically no expectation of restoration and therefore were moved to grown-up detainment facilities. During this period the framework was not set up to address genuine offenses submitted by adolescents and subsequently needed execution of formal fair treatment rights. In 1899 the main adolescent court framework was made and not long after in 1906 the principal government framework followed. By 1925, practically all states set up adolescent court frameworks and probation administrations. Because of a case in 1966 the Court concluded that adolescents reserved the privilege to have procedural assurances and fair treatment rights. In the late 1980s savage violations submitted by adolescents drastically expanded. The expansion in wrongdoing brought about stricter wrongdoing enactment all through the country. The new enactment was supposed to be inspired by dread because of continuous episodes of school brutal ity. This enactment shaped the conviction that grown-up wrongdoings ought to be tended to with grown-up discipline. Outcomes to adolescent wrongdoing appeared to be progressively reformatory, in opposition to past thoughts of recovery and change for adolescents. The quantity of adolescent wrongdoers being detained developed and the pitilessness of condemning started to incorporate existence without the chance for further appeal. All the more as of late, it appears that the general mentality of society has changed again towards adolescent guilty parties. Society has started to concentrate on the conspicuous contrasts among kids and grown-ups and children’s capacity to develop and change. Ongoing investigations on youthful mental health affirm that youngsters are unique in relation to grown-ups in manners that are significant when endeavoring to recognize proper sentences for adolescents. What's more, late Supreme Court decisions have prohibited the utilization of the death penalty for adolescents and furthermore restricted existence without the chance for further appeal sentences to manslaug hter guilty parties. Besides, in 2012 the Court requested adjudicators to consider every individual child’s alleviating conditions. This decision denied compulsory sentences of existence without any chance to appeal for all adolescents. In 2005, Roper v. Simmons, the Supreme Court decided that adolescents can never again be condemned to death forâ crimes carried out when they were more youthful than 18 years old. This decision expressed that a capital punishment was unfeeling and surprising discipline for adolescents as they are youthful and subsequently less chargeable. Therefore, this decision influenced 72 adolescent guilty parties in twelve states. Before this choice 22 individuals were murdered for violations submitted as minors. Following the Roper choice the harshest sentence for a minor was existence without the chance for further appeal. In 2010 Graham v. Florida, the Court disallowed existence without the chance for further appeal condemning for minors not indicted for homicide. The decision quickly influenced the condemning of 123 detainees. Following this decision it was perceived that wrongdoings th at don't end in murder were less meriting the most genuine discipline. After the decisions that disallowed capital punishment for minors and limited the sentence of existence without the chance for further appeal to kill violations right around 2,500 detainees were carrying out punishments of existence without the chance for further appeal for wrongdoings submitted as minors. In any case, in 2012 Miller v. Alabama and Jackson v. Hobbs, the Supreme Court decided that for minors the existence without any chance to appeal sentence was an immediate infringement of the Eighth Amendment. This decision necessitated that judges consider the adolescents character and special conditions trying to give a reasonable sentence. As expressed beforehand, various experts have detailed that juvenile cerebrums are not completely evolved and in this way after some time will create and give capacity to change as youngsters develop. Pre-adulthood is known to be observable by â€Å"transient carelessness and powerlessness to survey consequences.† Moreover, individuals carrying out existence without any chance to appeal punishments lives differ however ordinarily have been tormented with troublesome childhoods, introduction to savagery, and direct maltreatment. It is significant that when deciding condemning for an adolescent that family and home condition are thought of. Additionally, racial imbalance appears to factor into the weight of this sentence. â€Å"While 23.2% of adolescent captures for homicide include an African American associated with murdering a white individual, 42.4% of JLWOP sentences are for African-American indicted for this wrongdoing. White adolescent wrongdoers with African American casualties are just half as prone to get JLWOP sentences†¦Ã¢â‚¬  Approximately 2,000 detainees who are at present carrying out adolescent existence without any chance to appeal punishments might be influenced by this choice. The latest decision, Miller v. Alabama influences obligatory sentencingâ policies in 29 states and the central government. There are presently no rules about how states should execute retroactivity of this decision. Therefore, there have been altogether different responses to the way that states will deal with retroactivity of this decision. Some state Supreme Courts have concluded that Mille infers retroactively and different states have concluded that Miller isn't retroactive. Be that as it may, most states have not changed their sculptures and thusly have left numerous detainees restlessly hanging tight for conceivable resentencing. Presently, fifteen states don't have detainees carrying out existence without the chance for further appeal punishments and the staying 35 states have under 100 detainees carrying out existence without the chance for further appeal punishments for violations submitted as adolescents. Besides, the money related expense for JLWOP is cosmic. Lodging cost for adolescents serving LWOP requires many years of open consumptions. It is assessed that the yearly expense for imprisonment per prisoner is roughly 31,000. Because of expanded clinical costs after the age of 55 the yearly cost raises to 65,000. Hence, a lifetime sentence for an adolescent will cost citizens just about 2 million dollars. Explicit RECOMMENDATIONS There have been extraordinary steps concerning unfeeling and bizarre discipline for condemning of adolescent guilty parties. Expelling adolescent existence without the chance for further appeal for all adolescents would not ensure arrival of wrongdoers. Be that as it may, it would give the chance to the offender’s case to be assessed once he/she has served a reasonable measure of their sentence. During this audit the wrongdoers singular conditions, for example, their family and home condition would be viewed as when chosen to allow the chance of parole. In a few different nations a required survey is finished once the guilty parties serve 10 to 15 years of their sentence. Be that as it may, if adequate restoration has not happened the individual will stay in jail and another audit be allowed in the following five years. There is developing help for this technique for change concerning JLWOP. The territory of California currently gives guilty parties a reasonable open door at p arole following 15-25 years if their wrongdoing was submitted while they were minors. Additionally, requiring Miller’s retroactivity for all states would be an incredible strideâ in the region of arrangement change. Adversaries to retroactivity contend that Miller didn't boycott existence without any chance to appeal for adolescent guilty parties however rather necessitated that an appointed authority follow a specific procedure while forcing the punishment. Those against retroactivity likewise feature the noteworthy expense of requiring this. They additionally debate that resentencing coul

Friday, August 21, 2020

Bahrain Geography, History, Culture, Economy

Bahrain Geography, History, Culture, Economy Populace: 738,004 (July 2010 estimate)Capital: ManamaArea: 293 square miles (760 sq km)Coastline: 100 miles (161 km)Highest Point: Jabal promotion Dukhan at 400 feet (122 m)Bahrain is a little nation situated in the Persian Gulf. It is viewed as a piece of the Middle East and it is an archipelago that is comprised of 33 islands. The biggest island of Bahrain will be Bahrain Island and as such it is the place the greater part of the countrys populace and economy is based. In the same way as other Middle Eastern countries, Bahrain has as of late been in the news because of expanding social distress and fierce enemy of government fights. History of Bahrain Bahrain has a long history that goes back to in any event 5,000 years prior, at which time the area filled in as an exchanging focus among Mesopotamia and the Indus Valley. The human progress living in Bahrain around then was the Dilmun development, be that as it may, when exchange with India declined around 2,000 B.C.E, so too did their human advancement. In 600 B.C.E, the district turned into a piece of the Babylonian Empire. As per the U.S. Branch of State, little is thought about Bahrains history from this time until the appearance of Alexander the Greatâ in the fourth century B.C.E.During its initial years, Bahrain was known as Tylos until the seventh century when it turned into an Islamic country. Bahrain was then constrained by different powers until 1783 when the Al Khalifa family assumed responsibility for the area from Persia.In the 1830s, Bahrain turned into a British Protectorate after the Al Khalifa family marked a bargain with the United Kingdom which ensured British i nsurance in case of a military clash with Ottoman Turkey. In 1935, Britain set up its primary army installation in the Persian Gulf in Bahrain however in 1968, Britain declared the finish of the arrangement with Bahrain and other Persian Gulf sheikdoms. Thus, Bahrain joined the eight different sheikdoms to shape an association of Arab emirates. Be that as it may, by 1971, they had not formally bound together and Bahrain proclaimed itself autonomous on August 15, 1971.In 1973, Bahrain chose its first parliament and drafted a constitution however in 1975 the parliament was separated when it attempted to expel power from the Al Khalifa family which despite everything structures the official part of Bahrains government. During the 1990s, Bahrain encountered some political precariousness and viciousness from the Shia larger part and thus, the administration cupboard experienced a few changes. These progressions at first finished the brutality however in 1996 a few inns and cafés were shelled and the nation has been shaky now and again from that point forward. Administration of Bahrain Today Bahrains government is viewed as a sacred government and it has a head of express (the countrys ruler) and a leader for its official branch. It additionally has a bicameral governing body that is comprised of the Consultative Council and the Council of Representatives. Bahrains legal branch comprises of its High Civil Appeals Court. The nation is separated into five governorates (Asamah, Janubiyah, Muharraq, Shamaliyah, and Wasat) that is managed by a delegated senator. Financial aspects and Land Use in Bahrain Bahrain has a broadened economy with numerous global firms. An enormous piece of Bahrains economy relies upon oil and oil creation, nonetheless. Different enterprises in Bahrain incorporate aluminum refining, iron pelletization, compost creation, Islamic and seaward banking, protection, transport fixing and the travel industry. Farming just speaks to around one percent of Bahrains economy yet the fundamental items are natural product, vegetables, poultry, dairy items, shrimp, and fish. Topography and Climate of Bahrain Bahrain is situated in the Middle Easts Persian Gulf toward the east of Saudi Arabia. It is a little country with a complete region of only 293 square miles (760 sq km) spread out over a wide range of little islands. Bahrain has a generally level geography comprising of desert plain. The focal piece of Bahrains fundamental island has a low rise slope and the most elevated point in the nation is Jabal promotion Dukhan at 400 feet (122 m). The atmosphere of Bahrain is dry and as such it has mellow winters and blistering, sticky summers. The countrys capital and biggest city, Manama, has a normal January low temperature of 57ËšF (14ËšC) and a normal August high temperature of 100ËšF (38ËšC).​ References Focal Intelligence Agency. (11 February 2011). CIA - The World Factbook - Bahrain. Recovered from: https://www.cia.gov/library/productions/the-world-factbook/geos/ba.html Infoplease.com. (n.d.). Bahrain: History, Geography, Government, and Culture-Infoplease.com. Recovered from: infoplease.com/ipa/A0107313.htmlUnited States Department of State. (20 January 2011). Bahrain. Recovered from: state.gov/r/dad/ei/bgn/26414.htmWikipedia.com. (27 February 2011). Bahrain - Wikipedia, the Free Encyclopedia. Recovered from: http://en.wikipedia.org/wiki/Bahrain

Monday, July 20, 2020

MeisterTask 3.0.1 for iOS Is Out! - Focus

MeisterTask 3.0.1 for iOS Is Out! - Focus MeisterTask 3.0.1 just hit the App Store, so if you havent done it yet, be sure to update now! This latest update greatly improves My To-Dos (formerly known as personal checklists), enabling you to turn them into fully-featured tasks. Following our recent update to version 3.0, which introduced a number of relatively subtle improvements to MeisterTasks UI as well as making the mobile app fully GDPR compliant, were happy to let you know that version 3.0.1 is now available on the App Store. With the latest update, you are now able to convert items in My To-Dos into fully-featured tasks, as well as delete them without having to complete them first. My To-Dos are checklist items that are not associated with any project. They are only visible to yourself and can be found in the fourth dashboard screen, called My Tasks, where they are displayed above all other tasks assigned to you. How to Turn My To-Dos Into Tasks To turn a To-Do item into a task, long-tap on it until the menu appears at the bottom of the screen, and then select Convert to task. This will open a task dialog where you can add more details to the task, such as a due date and tags, and assign the task to a project and section of your choice. In the same menu, youll also find the option to delete the To-Do item. My To-Do items that are completed will automatically disappear after a few seconds. Within that time you can still undo the completion, for instance if youve tapped the item by accident. Once the item has disappeared, however, it is permanently gone. My To-Dos will soon be synced with MeisterTasks web and desktop apps, too. Stay tuned! MeisterTask 3.0.1 for iOS Is Out! - Focus MeisterTask 3.0.1 just hit the App Store, so if you havent done it yet, be sure to update now! This latest update greatly improves My To-Dos (formerly known as personal checklists), enabling you to turn them into fully-featured tasks. Following our recent update to version 3.0, which introduced a number of relatively subtle improvements to MeisterTasks UI as well as making the mobile app fully GDPR compliant, were happy to let you know that version 3.0.1 is now available on the App Store. With the latest update, you are now able to convert items in My To-Dos into fully-featured tasks, as well as delete them without having to complete them first. My To-Dos are checklist items that are not associated with any project. They are only visible to yourself and can be found in the fourth dashboard screen, called My Tasks, where they are displayed above all other tasks assigned to you. How to Turn My To-Dos Into Tasks To turn a To-Do item into a task, long-tap on it until the menu appears at the bottom of the screen, and then select Convert to task. This will open a task dialog where you can add more details to the task, such as a due date and tags, and assign the task to a project and section of your choice. In the same menu, youll also find the option to delete the To-Do item. My To-Do items that are completed will automatically disappear after a few seconds. Within that time you can still undo the completion, for instance if youve tapped the item by accident. Once the item has disappeared, however, it is permanently gone. My To-Dos will soon be synced with MeisterTasks web and desktop apps, too. Stay tuned!

Saturday, June 27, 2020

Professor of the Year Awards 2017 Mark Esposito PhD

Our business-savvy faculty come from over 45 countries and include everything from CEOs to PhDs and entrepreneurs.   Join us for a closer look at each of the 2017 Professor of the Year award winners and what makes them exceptional in the eyes of our students. Dubai—Masters in International Business program The Professor of the Year Award for our  Masters in International Business  program, Dubai campus, was awarded to Professor of Business Economics Dr. Mark Esposito. Academic, government advisor, entrepreneur, and Global Nomad, Mark has consulted for central banks and institutions around the world, as well as NATO and the United Nations. He is currently studying for his second doctorate at the Ecole des Ponts Paris Tech. Mark teaches on Hults EMBA, MBA, and Masters programs across our London, San Francisco, Dubai, and Shanghai campuses. He also teaches at Harvard University and Grenoble Ecole de Management. â€Å"Mark is a world-class professor who designs his classes in such a way that I was captivated from the first moment to the very end.† -Alessandro Banzer,  EMBA Class of 2017 CEO at Xiting LLC Hi Mark. Congratulations on this award! Why do you think a global education is so important today, and how does this inform your teaching style? The world has become a nest of integrated connections and globally distributed value chains. There is no country that can operate in isolation any more. It is all about the nexuses and connections. I see the world as part of a large system, and rather than focus on the individual parts of this system, I focus on the relationship between them. This has always shaped my way of thinking. I am a shaper, but more than anything else, a connector. I connect the dots—and this is what I bring to my classes, sharing the thought processes with my students. Fascinating! And how does your background influence this way of teaching? My experience is quite a distinctive blend of economics, strategy, sustainability, and complexity. This helps me to apply a unique perspective to multiple stakeholder analysis. Besides that, my nickname is the Global Nomad for a reason! I have lived and worked in over ten countries around the world and traveled everywhere.  I am a natural born traveler and this has shaped the way that I am. Hult is the place where ideas become actions and possibilities. I just love stepping into the classroom—every single class is like a ticket to a great adventure. -Dr. Mark Esposito, Professor of Business Economics How does student diversity make a difference in the Hult classroom? Being so uniquely global, the students bring in such a range of perspectives. They are smart, assertive, and opinionated—in all the right ways! It is the energy in each class that empowers me to make a true change in the lives of the students, and they are equally there to make an impact on me. Hult is the place where ideas become actions and possibilities. I just love stepping into the classroom—every single class is like a ticket to a great adventure. In fact, because of the passion I have observed in Hult students, I have myself recently decided to become an entrepreneur and co-founded a global Artificial Intelligence studio. Fantastic. Thanks for chatting to us Mark and all the best with your latest endeavor. More about Mark Esposito Courses Mark teaches at Hult Global Economics Business Global Society Behavioral Economics Complexity Management Scenario Planning Marks academic and notable achievements Founder of Nexus FrontierTech Artificial Intelligence Studio Nominated for Thinkers50 Radar Nominated for a Breakthrough Idea Award at Thinkers50 for his latest book, Understanding how the future Unfolds Executive Doctorate of Business Administration (candidate), Ecole Nationale des Ponts PhD, International Business Management Economics, International School of Management Masters in Social Sciences, University of Turin Find Mark on LinkedIn Take a masterclass with Mark If you’d like to hear more from Dr. Mark Esposito, please join us for an upcoming  Experience Hult  event in Asia. Mark will be delivering masterclasses throughout May in cities including  Tokyo,  Seoul,  Taipei,  Manila,  Jakarta, and  Bangkok. Register for your place here.   If you would like to find out more about Hults business programs,  download a brochure here. Mel Cloney is a staff blogger working in London, and is passionate about the Hult journey. Her writing focuses on faculty, academics, and student and alumni experiences. She’s a food, scuba, and running junkie with a penchant for all things French. Kickstart your career in a state-of-the-art innovation hub by studying at Hults Dubai business school. To find out more, take a look at our blog Discover Dubai: The top 6 things you need to experience. Download a brochure or get in touch today to find out how Hult can help you to learn about the business world, the future, and yourself. Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021 Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021"> During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . Happy New Year, Hultians! . Happy New Year, Hultians! .

Thursday, May 21, 2020

finance Essay - 2823 Words

Continuing Case: Cory and Tisha Dumont Part 3: Protecting yourself with insurance 1. Using the earnings multiple approach would result in the following life insurance calculations for Cory and Tisha. Cory’s needs = $38,000 x (1 – 0.22) x 12.46 = $369,314 Tishas needs = $46,000 x (1 – 0.22) x 12.46 = $447,065 Cory currently has $76,000 (2 x $38,000) of term life insurance through his employer. Consequently, Cory should consider purchasing approximately $293,000 of additional life insurance coverage. Tisha has $69,000 of term insurance through her employer, as well as a whole life policy of $50,000. She should consider purchasing an additional $328,000 of life insurance coverage ($447,065 – $119,000). While Tisha or Cory†¦show more content†¦5. Life insurance is meant to provide funds to replace a breadwinners to protect and support dependents. Chad and Haley are dependents, not income providers. Therefore, the purchase of life insurance is unnecessary and not recommended. The Dumonts should use the money they would spend on policies for the children to increase their own coverage. The claim that Chad and Haley would always be insured is only relevant if (1) the Dumonts continue the premium payments and (2) there is a high probability, based on family health history, that Chad or Haley will contract cancer, diabetes, or heart disease. Otherwise, they will be eligible for insurance in the future and there is no need for â€Å"permanent† coverage starting at this young age. 6. As a â€Å"comprehensive major medical insurance policy,† the Dumonts’ coverage includes basic health insurance for hospital, surgical, and physician expense needs, as well as major medical expense coverage. The latter is very important to extend the basic coverage to protect the Dumonts from the financial effects of a catastrophic illness or accident. The policy has a very adequate lifetime cap of $3,000,000 per insured. The Dumonts should continually analyze the health plans from both employers to determine which offers the best overall plan. But, the annual coinsurance, stop-loss amount, and familyShow MoreRelatedFinance1352 Words   |  6 Pagesfinancial manager differ from the traditional financial manager? Does the modern financial managers role differ for the large diversified firm and the small to medium size firm? 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(1985), long-term finance provi ders are more likely to focus on the matter whether the financial structure in the company is sound or not and the durability of profitabilityrather than temporary profits that a potentiallyRead MoreFinance, Economics, And Finance Essay1245 Words   |  5 Pagesalso studied business, management, economics, and finance. These courses impressed upon me the importance of the financial sector in the economy. Finance professionals have the unique responsibility of managing assets and analyzing risks to ensure the future success of a company or organization. It is difficult to overstate the importance of this role, as the financial crisis of 2009 showed. It is due to my understanding of the importance of finance and investment, coupled with my longstanding interestRead MoreFinance : Finance A Carry Trade1144 Words   |  5 PagesIn finance a carry trade is a strategy that consists of borrowing at a low interest rate currency to fund investment in higher yielding currencies. (Moffett) Th e country in which the investors borrow from is called the funding country and the country where the investment occurs is called the target country. (4) Carry trade is also termed currency carry trade; this strategy is speculative in that the currency risk is present and not managed or hedged. (Moffett) Although there are several complicatedRead MoreFinance, Banking And Finance Industry2170 Words   |  9 Pagescomplete your transaction and move on with your day. The last thing on your mind is how that transaction is taking place. You don’t care what happens behind the scenes as long as your money is where it needs to be and is safe. 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(Moffett) Although there are several complicatedRead MoreFinance998 Words   |  4 PagesPlant Improvements Total Investments: total investment in plant and equipment brought forward from the Production spreadsheet. Sales of Plant and Equipment : total sales of plant and equipment brought foraad from the Production spreadsheet. Common Stock * Shares Outstanding: The number of shares of common stock in the hands of shareholders. Reflect any issue/ retire stock transaction at the beginning of this year * Price Per Share: stock price as of yesterday’s close. Stock will be issuedRead MoreInternal Sources Of Finance And Finance Essay2349 Words   |  10 PagesInternal sources of finance: Internal sources of finance are funds that arise from within the business such as profits as they can be retained to grow the finance and selling assets. Retained profit Retained profit is the money kept in the company after paying dividends. It is used to reinvest in the business or to pay debt. 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Monday, May 18, 2020

Football Attendances Essay Online For Free - Free Essay Example

Sample details Pages: 8 Words: 2292 Downloads: 7 Date added: 2017/06/26 Category Business Essay Type Analytical essay Tags: Economy Essay Did you like this example? Introduction The British football sector is characterised by considerable diversity in relation to the nature, type, size and success of football clubs (Wilson and Piekarz, 2015). However, what these clubs all share is a diminishing ability to attract large audiences. For example, by June 2015, just two months before the start of the 2015/2016 season, the English Premier League club, Newcastle United had only managed to sell 70 per cent of its season tickets; articles that just one decade earlier had been the subject of considerable demand (Edwards, 2015). Don’t waste time! Our writers will create an original "Football Attendances Essay Online For Free" essay for you Create order Clubs at the lower echelons of the English footballing hierarchy, like Millwall and Brighton are faring even worse (Gupta, 2013), while many of those in the Scottish League are suffering a similar fate (Watt, 2014). This paper examines and discusses the drivers of the fall in football attendances and ticket sales in the United Kingdom in recent years. The paper finds that the decline cannot be attributed to any one factor; rather, a number of aspects have combined to produce a decline in interest, or ability of football fans to attend games. Against this background, a number of strategies to boost ticket revenues are proffered. The paper is organised as follows. The next section identifies and critiques four possible reasons for the decline in attendances and sales (the late 2000s recession, the limits of capacity, hooliganism and the increase in the number of televised football matches). Next three novel tactics to boost sales are identified. A short conclusion summarises the key fi ndings of the paper. Causes of decline The late 2000s recession In 2008, the British economy officially entered into a recession. Unemployment rose particularly among the working classes (the social class in which football fans and audiences have traditionally been located), downward pressure was placed on wages, and, as a consequence of growing inflation, disposable incomes were squeezed (Wilson and Piekarz, 2015). It seems reasonable, therefore, to suggest that the decline in the uptake of football tickets by potential attendees is at least partially attributable to their inability to afford the expense. Indeed, research shows that during periods of economic downturn, households cutback expenditure on items that are perceived to be non-essentials or luxuries; for many households, attendance at a football game will fall into one of these categories (Dobson and Goddard, 2011). Thus, a negative correlation between (paid) football attendances and inflation rates should be expected. However, there is some research that indicates that football con sumption is in fact, price inelastic, even in the higher price brackets (Forrest, Simmons and Feehan, 2002). What this means is that avid football fans will continue to purchase tickets and attend matches if the relative price increases (as occurs during a recession) even if their economic circumstances should, according to a rational analysis, inhibit this. The price inelasticity of football attendance has been explained according to the theory of fandom (Goldblatt, 2014). This refers to the fact that football should not merely be understood as a game, but as a subculture comprised of a community of consumers whose identities and interests are reinforced through the consumption of the activity of which they are a fan (Harris and Alexander, 1998). Many individuals are long-term fans of football teams (or, of the game in general); their history of interaction with the sport can often be traced through familial lines. In such instances, expression of fandom continues regardless of obs tacles such as affordability and economic context. The fact that football is characterised by fandom suggests that the recession alone cannot explain the sharp decline in attendances and revenues witnessed in recent years. However, some commentators have argued that the effects of the recession should be understood in conjunction with the massive, real rise in prices of football tickets that have been evident over the past two decades. Since the 1980s, the cost of attending a football game has increased substantially (Buraimo, 2014). In the English Premier League the highest professional league in the country the average price of a ticket has risen by some 1100% (in real terms) since 1995 (Buraimo, 2014). One of the reasons for the huge increase in prices is the need for clubs to invest substantial sums in new talent in order to remain financially viable (Dobson and Goddard, 2011). Devoted fans understand this and may be happy to contribute funds through higher ticket prices du ring normal economic times. However, faced with declining incomes, even the most dedicated followers may be forced to make cutbacks on attendance. Capacity limits have been reached Another explanation for the decline in attendances and sales is that the limits of growth have now been reached. During the 1990s and early 2000s, many large clubs built new stadia or extended or remodelled their existing infrastructure (Dobson and Goodard, 2011). Examples include Boltons Reebok Stadium, which was built in 1997, Sunderlands Stadium of Light (completed in 1997) and the DW Stadium (Wigan) which was built in 1999. Indeed, Deloitte (2014) catalogues some 30 new stadium built between 1992 and 2012. The improvement in facilities and increase in capacity meant that aggregate attendance levels, and hence, revenues, sharply rose in the late 1990s and early to mid-2000s (Dobson and Goddard, 2011). Thus, the fall in numbers attending games and the revenues that this yields that has been witnessed in recent years merely represents a return to what economists term equilibrium, or the natural state of things (Dobson and Goddard, 2011). Hooliganism Since the 1980s, many football matches have been marred by instances of hooliganism (Hopkins and Treadwell, 2014). Hooliganism refers to a bundle of deviant and criminal behaviours (including violence, destruction, vandalism, intimidation, brawling and fighting) that is not typical of, but unique to the sport of football. Although hooliganism in football has a long history (according to Hopkins and Treadwell, 2014, the earliest recorded incident of football hooliganism occurred as far back as 1880), it proliferated during the 1970s and 1980s in English football. Many teams were supported by organised groups of hooligans such as Middlesbroughs Frontline, the Naughty Forty (hooligans associated with Stoke City) and the County Road Cutters (Everton) (Hopkins and Treadwell, 2014). Growing incidents of hooliganism arguably made physical attendance at football matches far less desirable compared with the ability to watch the sport at home or televised in some space away from the stadium (Jewell, Simmons and Szymanski, 2014). The impact of hooliganism on attendances and revenues may also be more indirect. It may also have been partly responsible for the hike in prices that occurred during the 1990s, as clubs sought ways to attempt to dissuade hooligans from attending games. However, the impact of hooliganism on football attendances and revenues could perhaps be overstated. As Green and Simmons (2015) and Perryman (2013) have both noted, there has been a decline in incidents of hooliganism in recent years in both England and Scotland. This is attributable to a crackdown placed on hooligan activities by British law enforcers as well as increased powers of clubs to prevent sales of tickets to individuals known to be associated with football related crime. Increased access to televised football Finally, it is argued that physical attendances at football matches have dropped because there is simply no need for fans to attend any longer. As a consequence of new economic models characterised by the sale of the rights to televise football games to a number of production companies, it is possible for fans to watch most games either at home (if they have the relevant subscriptions) or in some other space (such as a public house) (Solberg and Mehus, 2014). Furthermore, channels through which football can be watched and accessed are growing in diversity as a result of advances in communications technologies. The proliferation of mobile devices such as smartphones and tablets means that individuals can tune in to their favourite clubs games even when they are on the go (Cleland, 2015; Solberg and Mehus, 2014). Although football fans express the joy and excitement of attending a real-life game (Goldblatt, 2014), there are many advantages to watching a game outside of the football s tadium. First, audiences have access to home comforts and facilities, such as toilets and drinks, and do not have to endure poor weather which may in fact improve their enjoyment of the game. Second, watching a game at home or in a public space is considerably less expensive than attending a physical game, even if a television (or other platform) subscription must be paid for (Dobson and Goddard, 2011). The cost of ancillary products such as food and drink is lessened, and souvenirs, if desired, can be easily sourced online (Solberg and Mehus, 2014). Thirdly, there may be better camaraderie for fans of the game because large groups of individuals are able to watch the game together; whereas only devoted fans are likely to travel to away games, and the cost of both home and away games, as well as restrictions on sales may prevent some individuals from attending. Fourthly, if hooliganism is perceived to be a problem, fans may believe it to be safer to watch the game away from the stad ia (Perryman, 2013). Despite the advantages of watching football games away from the stadia, as well as the increased ability to do so, some commentators argue that the impact of television and other media on the negative economic fortunes of the game have been overstated. Firstly, it is pointed out that clubs derive considerable revenues from their deals with television companies (Cleland, 2015). Secondly, many avid fans view televised games as inferior to watching games in real life. Thirdly, the games of many football clubs, especially those in the lower leagues, are not televised at all (Wilson and Piekarz, 2015). This means that the drop in attendance at these games cannot be attributed to the proliferation of broadcasted matches. Strategies to boost revenues from ticket sales Many of the factors that may be driving reduced sales are, to some extent, out of the control of the football clubs. Therefore, novel or innovative strategies may be necessary to increase sales. Drawing on the tactics used by American sports teams faced with declining sales (reported in Howard and Crompton, 2004), the following strategies are recommended to UK football clubs to boost revenues from ticket sales. Use differential pricing. Differential pricing is a pricing strategy in which the price of tickets is adjusted according to the quality of the teams involved in the game, the weather or the time of the season (Dobson and Goddard, 2011). If low audience numbers are expected due to, for example, poor weather or the economic climate clubs are advised to drop prices in order to boost sales. Flexible season tickets. This involves offering fans the ability to tailor season ticket packages to their needs and has been found to be highly successful in boosting sales (Howard and Crompton, 2004). Facilitate resale markets. Clubs are advised to develop ticket facilities that enable secondary sale of already purchased tickets. This will allow individuals facing financial difficulties to recoup losses by selling tickets to other fans. Concluding remarks Football is big business. The survival and thriving of British football clubs depends largely on their ability to attract audiences, to grow those audiences (particularly season ticket holders, who are more loyal) and to convince those audiences to spend cash on ancillary goods (e.g. food drinks and souvenirs) when they are in attendance. However, the ability of clubs in the UK to grow audiences and to convert them into revenues is under threat. This paper has highlighted some of the drivers of the drop in football attendances and revenues from ticket sales in the United Kingdom in recent years. The paper finds that reduced revenues cannot be attributed to any one factor. Rather, the fall in sales is likely due to increased prices in tickets, reduced affordability caused by the economic downturn, the increase in hooliganism and the increased ability to watch football matches in spaces away from the physical stadia. Against this background, clubs are advised to adopt three tactics t o support their economic and financial growth. References Buraimo, B. (2014). Spectator demand and attendances in English league football. In Goddard, J. and Sloane, P. (Eds.). Handbook on the Economics of Professional Football. Cheltenham: Edward Elgar Cleland, J. (2015). A Sociology of Football in a Global Context. London: Routledge. Deloitte (2014). Annual review of football finance. London: Deloitte Dobson, S., Goddard, J. (2011). The economics of football. Cambridge: and Goddard, Cambridge: Cambridge University Press. Edwards, L. (2015). A third of Newcastle season tickets unsold. https://www.telegraph.co.uk/sport/football/teams/newcastle-united/11706929/A-third-of-Newcastle-season-tickets-unsold.html Forrest, D., Simmons, R., Feehan, P. (2002). A Spatial Cross-Sectional Analysis of Elasticity of Demand for Soccer. Scottish Journal of Political Economy, 49(3), 336-356. Goldblatt, D. (2014). The Game of Our Lives: The English Premier League and the Making of Modern Britain. London: Nation Books. Green, C., Simm ons, R. (2015). The English disease: has football hooliganism been eliminated or just displaced? In Rodriguez, P., Kesenne, S. and koning, R. (Eds). The Economics of Competitive Sports. Cheltenham: Edward Elgar Gupta, R. (2013). Clubs like Brighton Millwall take steps to halt declining attendances https://www.bbc.co.uk/sport/0/football/21142999 Harris, C., Alexander, A. (1998). Theorizing fandom: Fans, subculture, and identity. Jersey: Hampton Press Hopkins, M. and Treadwell, J. (2014). Football Hooliganism, Fan Behaviour and Crime: Contemporary Issues. London: Palgrave Macmillan Howard, D. R., Crompton, J. L. (2004). Tactics used by sports organizations in the United States to increase ticket sales. Managing Leisure, 9(2), 87-95. Jewell, R. T., Simmons, R., Szymanski, S. (2014). Bad for Business? The Effects of Hooliganism on English Professional Football Clubs. Journal of Sports Economics, 15(5), 429-450. Perryman, M. (2013). Hooligan wars: Causes and effects of football violence. London: Random House. Solberg, H. A., Mehus, I. (2014). The Challenge of Attracting Football Fans to Stadia?. International Journal of Sport Finance, 9(1), 3-19. Watt, T. (2014). How has your clubs average attendance changed in past 20 years? https://sport.stv.tv/football/clubs/celtic/302136-how-has-your-clubs-average-attendance-changed-in-past-20-years/ Wilson, R., Piekarz, M. (2015). Sport Management: The Basics. London: Routledge.

Wednesday, May 6, 2020

Gay Adoption Policy Analysis - 3047 Words

I. Delinieation and Overview of the Policy Under Analysis Social attitudes about family life have undergone profound changes in recent decades. While public acceptance of homosexuality remains a deeply decisive issue, adoption by gays and lesbians has become increasingly acceptable, with 46% of the national population favoring gay adoption. (Pew Research Center, 2006) In New York State, statutes developed to permit gays to adopt are among the most permissive in the nation. New York Adoption Code 18 NYCRR 421.16 (h)(2) (2004) states that applicants shall not be rejected solely on the basis of homosexuality, which expressly prohibits discrimination based on sexual orientation when determining who may adopt. According to The†¦show more content†¦(Kahan, 2006) Notice to birthparents was not required, and it is estimated that approximately half the children transported to the west were not actually orphans. (Pfeffer, 2002) Brace was a missionary who wished to remove children of poor Catholic families, and place them in Protestant farming families. (Pfeffer, 2002) The orphan train placements served as a foster care system, without payment to the foster families, and were a cost effective way to manage poor children, in contrast to institutionalizing those who could not live at home. (Kahan, 2006) An outcry against Braces orphan trains in the early 1900s, led advocates of children to the other extreme, in which families were to be preserved at all costs. (Carp, 1998) Rather than split up families, child welfare reformers worked to prevent the factors which caused a family to break up. Reforms resulting from these movements included establishment of the U.S. Childrens Bureau in 1912, creation of juvenile courts, and enactment of Mothers pensions. It was around this time that social work become professionalized, as case workers were utilized in family preservation and prevention. Social workers denounced unregulated adoption, and lobbied for state licensing and supervision ofShow MoreRelatedAdoption With Same Sex Couples1162 Words   |  5 PagesNovember 2017 Adoption with Same-sex Couples Adoption is when a child is removed from their home and are now under protection of another family. They can be related or unrelated to the child. It can be great for children, as they can live a better life than they would have had with their birth parents. The children may have endured abuse or neglect and need to get out of the situation, or the parents could have not thought that they were able to take care of the child. Either way, adoption is made toRead MoreSame Sex Marriage Is The Legal Union Essay1562 Words   |  7 Pages Same-Sex Marriages Same sex marriage, also known as gay marriage is the legal union between two people of the same gender. In the United States only six out of a possible fifty states allow legal same sex marriage making it harder for citizens to have the freedom to live how they choose. HomosexualityRead MoreMy Analysis on Same-Sex Adoption661 Words   |  3 Pagesdictionary. This term does not empower them, but instead make people feel powerless. Same-sex couples in particular, who are looking to adopt, feel unequal to their heterosexual associates. In relation to adoption, there shouldn’t be preference to heterosexual couples over same-sex couples. Adoption typically is not an easy process, but when it comes to people of the same sex trying to adopt, what seems to be as simple as to buying a puppy, is very intimidating and discouraging. The laws that governRead MoreDeath Of A Social Work1648 Words   |  7 Pageshomosexual foster and adoption rights. Each state has their own laws pertaining to adoption. 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With groups such as the religious right, fundamentalistRead MorePolitical And Social Involvement Of Public Opinion On Government Policy1503 Words   |  7 PagesPolitical and social involvement is among the most discussed issues nowadays, since the considerable influence of public opinion on government policy is unquestionable. It is obvious that political participation directly affects our lives. The range of attitudes toward controversial aspects of politics, economics, religion, and so on is too broad in American society. In this regard, public opinion research becomes extremely important. It helps us better understand citizens expectations, to assessRead MoreRecognition and Legalization of Same-sex Marriage 1405 Words   |  6 PagesIntroduction Equality is a prominent topic of debate. Although the gay and lesbian community has progressed, the fight for equality remains. Recognition and legalization of same-sex marriage still falls within the minority rule amongst the states, but will soon be the majority. California , Delaware , Connecticut , Hawaii , Illinois , Maine , Maryland , Massachusetts , Minnesota , New Hampshire , New Jersey , New Mexico , New York , Rhode Island , Vermont , Washington , Iowa , and Washington DRead MoreShould Gay Adoption Benefit Children? Essay2105 Words   |  9 PagesGay Adoption Benefits Children Every single child deserve the chance to be part of a caring, nurturing family. Whether the family has a single mother, single father, or two parents. There are many opportunities for individuals to become the legal guardian (or guardians) of a child. Those opportunities, however, are not as easily accessed for gay and lesbian prospective parents as they are for straight people, and many times, these opportunities are completely prohibited by state laws. Recently,Read MoreShould Gay Adoption Be Legal? Essay1982 Words   |  8 Pages Gay adoption is a very strong topic in today’s world. There are many pros and cons but I see it as an opportunity for children to be out of the government system and into homes. People in today’s world fear change. Its natural human reaction, it seems. If it didn’t work then it isn’t going to work now. Im not saying I agree with everything but I think there are some changes that need to be made. I think people can want children whether they are heterosexuals or homosexuals. With so manyRead MoreAs Times Are Modernizing The Ideology That One Must Be1369 Words   |  6 Pagesone must be what they were born as is no longer a necessity for the individual as before. Prior to 1999 there were very few H.R. transgender policies provided by US employers. 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Profit Education Is A Higher Education University - 982 Words

For profit education is a higher education university that is run and operated by private institutions who receives a profit. In the beginning of 2015, Corinthian College, a large for profit incorporation, was closed for lawsuits of fraudulent statistics of placement rates to jobs after graduating. Placement rates are the jobs that students have received through their degrees, and Corinthian Colleges would advertise the amount of graduates that have been hired in their field. The schools published around a ninety percent placement rate, but in truth, it was a zero percent placement rate. This deception has caused the federal government to step in and close the institutions. As a whole, Corinthian College’s actions set out a reputation for for Profit Colleges in America. For profit education was deemed as a second chance for people who do not have their degree. They were â€Å"targeting so-called ‘nontraditional students’—who are typically older, often have jobs, and don’t necessarily go to school full time† (Surowiecki). A majority of students who attended for profit schools, especially branches of the Corinthian Colleges, fits under this category, and money is a big issue in the atmosphere. The reason students attended Corinthian Colleges is to get their degree faster to have a better income at home, and to find out that their education was a waste of money and time is devastating to some families. In most cases, people ended up with thousands of dollars in federal loan debtShow MoreRelatedThe Education Of Higher Education1075 Words   |  5 PagesInstitutions of higher learning compete amongst each other, enabling them to focus on subjects that do not pertain to education. 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Cell Phone History Free Essays

The early years of 20th century saw the first attempts at wireless and mobile telephony, In 1908, U. S. patent 887,357 for a wireless telephone was issued to Nathan B. We will write a custom essay sample on Cell Phone History or any similar topic only for you Order Now Stubblefield of Murray, Kentucky. He applied this patent to cave radio telephones and not directly to cellular telephony as the term is currently understood. Two years later Lars Magnus Ericsson installed a telephone in his car. While travelling across the country we would stop at a place where telephone lines were accessible and using a pair of long electric wires he could connect to the national telephone network.In Europ radio telephone was the first used on the first-class passenger trains between Berlin and Hamburg in 1926. At the same time, radio telephony was introduced on a passenger airlplanes for air traffic security. It was also introduced on a large scale in German tanks during the Second World War. The in early 1950’s ships on the rhine were among the first to used the radio telephony with an untrained end customer as a user. It was the 1940’s onwards that saw the seed of the technological development which would enventually produced the mobile phone.Motorola developed backpacked two-way radio, the Walkie-Talkie and a large hand-held-two way radio for the US military. This battery powered â€Å"Handie-Talkie was about the size of a man’s forearm. In December 1947, Douglas H. ring and W. Rae Young, Bell Labs engineers proposed hexagonal cells for the mobile phones in the vehicles. Philip To Porter also of Bell Labs, proposed that the cell Towers be at the corners of the hexagons rather than the centers and have directional antennas that would transmit/receive.During the 1950’s the expirement of the pioneers started to appear as usable services across society, both commercially and culturally. In 1969, a patent for a wireless phone using an acoustic coupler for incoming calls was issued in US patent. In December 1971, ATamp;T submitted a proposal for a cellular service to the Federal Communications Commission (FCC). A cellular telephone switching plan was described by Fluhr and Nussbaum in 1973.Two-way mobile radios were used in vehicles such as taxicabs, police crusers, and ambulances, but were not mobile phones because they were not connected to the telephone network. Large community of mobile radios users known as mobileers, popularized this technology that would eventually give way to the mobile phone. The first fully automated mobile phone system for vehicles was launched in Sweden in 1960. It allowed calls to be made and received in the car using a rotary dial. The car phone could also be paged. In 1958 development began on a similar system for motorists in the USSR.The Altay national civil mobile phone service. In 1959 a private telephone company located in Brewwter, Kansas, USA, the Samp;T Telephone Company with the use of Motorola Radio Telephone equipment and a private tower facility, offered to the public mobile telephone services in that local area of NW Kansas. Martin Cooper a Motorola researcher and executive, made the first analogue mobile phone call on a prototype model in 1973. There was a long race between Motorola and Bell Labs to produce the first such portable mobile phone.Cooper is the first inventor named on the Radio Telephone System. Other named contributors on the patent included Copper’s boss John F. Mitchell, Motorolas chief of portable communication products, who successfully pushed Motorola to develop wireless communication products. The technological development that distinguished the First Generation mobile phones from the previous generation was the use of multiple cell sites, and the ability to transfer call from one site to the next. The first commercially automated cellular network (IG generation) was launched in Japan by NTT in 1979.The next IG network to launch was the Nordic Mobile Telephone (NMT) system in the Denmark, Finland, Norway and Sweden in 1981. In 1990’s the second generation (2G) mobile phone system emerged primarily using GSM standard. These 2G phone system differed from the previous generation in their use of digital transmission instead of analog transmission. Introduction of advanced and fast phone-to-network signaling. Increase of mobile phone usage was explosive and this era also saw the advent of prepaid mobile phones.The second generation introduced a new variant of communication called SMS or text messaging, It was initially available only on GSM networks but spread eventually on all digital networks. 2G also introduced the ability to access media content on mobile phones. In 1998 the first downloadable ringtone content was launched. As the users of 2G became more widespread and people began utilize mobile phones in their daily lives, it became clear that the demand for data services (such as access to the internet) was growing. G was nowhere near up to the job so the industry began to work on the next generation of technology known as 3G. The main technological difference that distinguished 3G technology is the use of packet switching rather than circuit switching for data transmission. The high connection speeds of 3G technology enabled a transformation in the industry. Media streaming of radio and even television to 3G handset became possible. In the 2000 and evolution of 3G technology begun to implemented namely high speed Downlink Packet Access. The first such devices known as â€Å"dongles plugged directly into a computer through the USB port.Another device appeared subsequently, the so-called â€Å"compact wireless router† such as Novatel MiFi which makes 3G internet connectivity available to multiple computers simultaneously over Wi-Fi. The device became popular for use with laptop computers due to the added portability they bestow. One of the main 4G differed from 3G was in its elimition of circuit switching, instead employing an all-IP network, 4G ushered in a treatment of voice calls just like any other type of streaming audio, media, utilizing packet switching over internet. How to cite Cell Phone History, Papers

Theory and Practice Business Financial management

Question: Discuss about the Theory and Practice for Business Financial management. Answer: Introduction Genting Malaysia is a private company that came into force in 1980 but soon was converted into a public company in 1989. The organization of Genting Malaysia and Genting Berhad went through a restructuring phase by getting into a merger (Gentingmalaysia.com, 2016) Genting Malaysia Berhad is a partnering firm that is mostly involved in leisure as well as partnership business. However, it has been recently collaborating with American film studio to open a theme park, which is set to open up in early 2017. However, there is a need to develop a business plan that needs to be established in accordance with the internal team so that the viability of the new strategy is established in new partnership (Burns, 2014). Summary of Business Department Twentieth Century Fox is collaborating with Genting Malaysia Berhad to open a theme park that is film-inspired in the early 2017. Moreover, it ought to bring an overall new experience of entertainment with magic as well as adventure. The theme park adds to the marketing and growth of increasing globalisation. The business department of Genting Malaysia is required to redesign the total allocating operating expenses with the efforts made in different departments to establish the identity of the industry (Mitrasinovic, 2006). Nevertheless, it is important that a business department analyses all the opportunities, relationships and the profitability of the venture. Moreover, there should be proper planning, scheduling and management of directions and operations such as production, finance, human resources and administration (Wheelen Hunger, 2011). Although, business department of Genting Malaysia Berhad will maintain business network but will also initiate participation from Twentieth Century Fox. Problem Statement The problem statement highlights the concept of weaknesses and threats that the company is facing in micro as well as macro environment. The following problems that highlight the growing nature of Genting Malaysia for a theme park in collaboration with 20th century fox are on the issue of marketing and promotion that is not able to capture the local as well as international market based target segmentation. The third issue is the workforce that is not able to meet the business requirement which is turn is hampering the sustainability and the satisfaction of the customers. On the other hand, the threats the company has been facing is the risk from the international environment based on the new infrastructure followed by competition from the international competitors in entertainment and the current economic situation that is incurring more development as well as operational cost on the pricing system (Genting Malaysia, 2015). However, there is a need to devise policies that not only f urther increase the market share but also helps in implementing those strategies like operational and marketing strategy. Objectives The objectives that have been highlighted in the proposition of the new strategy are the following. To develop a business strategy that is performance oriented and made parallel with the vision and mission of the company. To increase the productivity in every department through implementation of policies that has been focused on increasing the motivation of the employees. To provide every department a clarity on the organization goals by implementing policies To develop a competitive strategy which will adapt to meet the sustainability position of the company in alignment with the each problem that is highlighted in the problem statement. Internal Strategy SWOT Analysis Strengths Strategic location (Derrick Soren, 2010) Infrastructure (Marmon, Shaun Elizabeth, 2009) Strong brand name (Riley Michael, 2006) Weaknesses Promotion (Ramon Joan, 2011) Marketing (Hoyland, Robe, 2006) Workforce (Ariely, Kathleen Vohs, 2009) Opportunities New venture (Derrick Soren, 2010) Tourism (Ramon Joan, 2011) High Revenue Threats Financial Risk (Derrick Soren, 2010) Competitive (Marmon, Shaun Elizabeth, 2009) Economic (Ramon Joan, 2011) Strength Strategic Location The major strength has been strategic location of the company because Malaysia itself has been known for education and one of the prominent locations in Asia region for business. Malaysia has also one of the strong tourism destinations that not only strengthen the encouragement to new venture but also is the best place for 20th century fox to start up a new venture (Burack, Elmer, 2008). The partner of Genting Malaysia with 20th century fox comes under the high ranked hospitality and leisure corporations. Both the corporations have been listed on Malaysia Bursa with $7.7 market capitalization. However, with incorporation of new venture, the organization has been investing $300 million in 20th century fox supplementary to the casino that has been operational since 35 years based on Resorts World Genting destination (Brzeski, 2013). However, the new venture is a feasible dealing in gaming, as it will highlight the marketing perspective of the organization. Infrastructure The infrastructure holds strategic importance because on a yearly basis, the organization has been updating its technological spheres as per the requirements that have to be met by the technological interface on the global level. Although, the technology upholds and is referred to as the backbone of Genting Malaysia Berhad infrastructure the information communication also substitutes to provide an essential base. The organization has been known for tourist attraction as well (Lisa Bolton, 2010). The infrastructure of the company is well accustomed with communications, transports and also in accordance with the accommodation in international standards (Yan, et al., 2013) which means that the research and development management of the organization is an added advantage. Overall, the company offers five hotels namely Maxims Genting, Highlands Hotel, Theme Park Hotel, Resort Hotel, and First World Hotel. These hotels comprises of more than 8,000 rooms, 50 fun rides, 200 shopping and dining outlets. Out of the five, First World Hotel is the worlds largest hotel accompanying casino, beverage and retail shopping, concert shows and theme parks (Derrick Soren, 2010; Burack Elmer, 2008). It has seaside properties that not only provides a strong presence in tourism but also internally upgrades the profit and revenue level of the group. Strong Brand name The group holds a strong brand value due to its marketing strategies that strengthens the customers perception (Stephen, Robbins Bruce Millett Terry, 2004). An organization is only known through the brand value it creates and the business strategy that it adopts to maintain the recognition level till a later stage (Kapferer, 2012). The brand name holds to be a reason for any new venture like 20th century fox to stand internationally in a competitive market for the companys revenue achievement (Ramon Joan, 2011). Weaknesses Promotion The company has not been an active participant in promotional activities because as depicted in annual report of the company, it has been incurring losses such that the debts have increased from 1618RM million in 2014 to 4624RM million (Lisa Bolton, 2010; Stephen, Robbins Bruce Millett Terry, 2004). The business functions on the normal system and does not have any additional promotional system that could benefit the company. Moreover, promotion is an important criterion when it comes to entertainment industry so that more customers as well as the markets are involved (Aaker Joachimsthaler, 2012). However, this creates a major impact on the income growth of the Genting Malaysia Berhad group and company. Solution: The Genting Malaysia Berhad should adopt different promotional techniques in marketing like sales promotion, advertisements in social media and digital marketing followed by word of mouth expression. However, opting social media marketing will capture the Generation Y that will not be confined to local but will go global as well because theme parks on gaming is [popular among kids, teenagers and young adults. On the other hand, management should adopt different packaging styles. Marketing The marketing of the Genting Malaysia Berhad is weak and has not been able to match up with the growing needs because the company has not developed a proper marketing strategy based on target segmentation and positioning. However, marketing techniques are not affective to the local and international market because according to the annual report 2015, the revenue is termed to be lower and has not increased substantially from 2014. As depicted in 2014, 5185.6RM million to 5345.8Rm million in 2015 as it only accounts to be a change of 3.64% that is considered negligible when there is a need to invest in the new venture with 20th century fox (Genting Malaysia- Annual Report, 2015). Solution: There is a need for adoption of proper marketing methods that can enhance the companys globalization strength. The new ventures will enable new technology like electronic and information technology through electronic hoardings, publicity in a mall theatre that will help in advertisement of the theme park with 20th century fox (Lisa Bolton, 2010; Stephen, Robbins Bruce Millett Terry, 2004). Even more, new innovative technology like unmanned (remote controlled, remote guided or autonomous) flying objects in the air which is lighter than air machines, amazing concept of art using 3D technology, aerial buttons to create laser ionizing of the molecule to display in air, kinetic lights as well as series of winches of light bulbs that can move up and down such that each light can represent a timing that can be programmed with music (Young, 2015).However, adoption of marketing based on geographical area will spread the idea of theme park to the customers. However, marketing throu gh different partners will attract more customers as well as existing customers in response to the companys loyal customers. Lastly, the segmentation needs to be identified in the target segmentation so that it does not remain a challenge in the marketing management (Ramon Joan, 2011). Workforce The rate of turnout of workforce in the organization pertaining to human resource management has been more because the company does not give sufficient benefits. As a result, it is considered to be a big issue because event management requires more of manpower (Burack, Elmer, 2008; Lisa, Bolton, 2010). Ultimately, the lack of workforce results in uncompetitive business operations. Solution: The new venture of Genting Malaysia Berhad is in need of skills, experience and technology because the workforce strength is equally important as technology to manage the 20th century fox for venture. However, whether the system will lead to effectiveness or not directly depends on the strength of the workforce (Hoyland Robe, 2006; Riley Michael, 2006). Nevertheless, there is effective need to provide proper benefits to sustain the workforce. Moreover, with changes made in the existing structure, there is a need to establish diversity with employment benefits and rewards to maintain sustainability in the organization. Opportunities New Venture Any new venture that uplifts the condition of the organization is considered to be a boon for the organization which not only brings more income or enhance revenue but also attracts the target market of international and domestic customers (Marmon Shaun Elizabeth, 2009; Stephen, Robbins Bruce Millett Terry, 2004). In all, the new venture, also affects the changes in the organization in accordance with the needs of the current generation, which makes Genting Malaysia Berhad competitive enough to improve its growth in future. Moreover, the company enters into a new venture to diversify its new business in the four categories namely organizational, economic, strategic and political. Organizational factor helps in competence and learning building that not only helps in internalization of tacit but also improves performance with legitimation. Economic factors helps in sharing cost and pooling of resources. There is marginal risk reduction as well as risk diversification and obtaining economies of scale. Strategic factors helps in competitive shaping by gaining access to new products and technology and following the bandwagon effect through industrial trends. Political factors helps in market development while overcoming legal and regulatory barriers (Kaats Opheij, 2013). Tourism The tourism in Malaysia is an added advantage to Genting Malaysia Berhad because of the continuous development in business, infrastructure, education and food. That adds volume to the new venture. Overall, Malaysia has become one of the largest countries in Asia ranking in first 5 positions on 2017 on the principle of the global financial crisis (Hoyland Robe, 2006; Riley Michael, 2006). It cannot be overlooked that Malaysia is a country with promising potential. However, rigid management system is considered to be better than the changes in demand and supply forces in a developing country for the continuous growth in the government sector as well. Moreover, tourism opens the door to rest of the people because the country is multicultural, multilingual and multi colored country and mainly contain Malayan, Indian and Chinese population (Hoyland Robe, 2006; Burack Elmer, 2008). Furthermore, the citizen possesses high economic capability and purchasing power to travel around the wor ld. Revenue The new venture can boost the revenue performance of the company as it is more attractive and related to and possess new rides and entertainments for generations. However, to adapt to the new strategy company needs to invest additionally 400 million to replace the old theme park Resort World Genting, Genting Highlands that had been started in 2016. Chairman and CEO Tan Sri Lim Kok rightly said that the supplementing to the total investment, investment of 3 billion has been made on refurbishment programme that includes additional 1300 rooms with First World Hotel (Derrick Soren, 2010; Lisa Bolton, 2010). However, international tourism has been increasing and Malaysian government is actively promoting tourism industry such that both the factors combine together to give an excellent opportunity to the organization, Genting Malaysia Berhad (Hall Page, 2014). Threats Financial Risk The companys financial risk is the huge investments that the company is investing in the new venture. The investment done on infrastructure and changed outlook of the theme park still pose a great threat to the organization as it can be counted in the immediate risk (Ramon Joan, 2011). The company maintains a conservative capital structure and a healthy profile with the strong cash flow position that is measured with acquisition growth. However, the funds generated from operations averaged to 64% in the last three years which terms to favorable when compared with peers industry (Hoyland Robe, 2006; Burack Elmer, 2008). In contrast with Star Cruises, the Genting Malaysia Berhad is facing issues because the three year averaged debt of Star Cruise is only 32.4% with interest cover amounting to 10%. Moreover, the main revenues and costs are the labour and materials that ensures high risk if it is not considered to be economically viable. Solution: The Genting Malaysia Berhad needs to identify its finance allocations so that corrective measures can be taken accordingly on planning, designing, testing and installations. The perfect financial analysis will always minimize the risk while measuring the feasibility of particular investments on technology (Marmon Shaun Elizabeth, 2009; Ramon Joan, 2011). However, the partnership with 20th century fox is important so that proper financial allocations are done that are essential to predict revenues. In addition, the financial risk can be mitigated if the more of fixed costs are changes into variable costs which will not only lower the breakeven point but will also reduce the likelihood of failures due to the lower anticipated sales (Brigham Ehrhardt, 2013) Competitive Environment The competition is rising and the main competitors that Genting Malaysia Berhad is facing from Singapore and Hongkong entertainments (Lisa, Bolton, 2010). The basic competitive factors include promotion, packaging and other related advantages. However, the ganmong market of Singapore and Macau is also facing tough competition. Nonetheless, Genting derives most of its revenue from the steady grind market at home, which is more resistant to competition (Ramon Joan, 2011; Lisa Bolton, 2010). However, SDingapore has schedules development of two resorts and casinos that can divert the cutomers attention which may impact the tourism in Malaysia. Singapore leader announced that the potential developers would therefore be asked to submit bids that will be applied to integrated resorts at Marina Bayfront and Sentosa. Solution: It is important that the company recognizes its immediate competitor so that essential strategies can be constructed for competitor strength assessment for business (Hoyland Robe, 2006; Ariely Kathleen Vohs, 2009). Therefore, the strategy that needs to be undertaken is in relevance to competitors by the pricing and promotional systems and attractive events. Economic Position The current economic position is not beneficial for the company to enter into a new venture because the developmental cost is high (Ariely Kathleen Vohs, 2009; Ramon Joan, 2011). However, with more additional technology, systems and manpower the budget may rise and may result in unfavorable position of the cost. Solution: The new business needs to understand the customers as well as the pricing systems on the GST. Moreover, other operational cost needs to be effective on customers so that the packages made are efficient and attractive and could also cover the cost of the company. Implementation Strategy The management needs to decide the customers service towards mar4keting mix which holds important for Genting Malaysia Berhad entertainment business. The customer service needs to effective so that the business can be influenced for long term (Marmon Shaun Elizabeth, 2009; Burack Elmer, 2008). Although, the new business will attract customers but will require proper effective service system which is essential for the Genting Malaysia Berhad entertainment business Marketing Research Marketing is one of the concepts that need to be helpful in increasing the revenue of the company. The challenges of the organization are to analyse the marketing mix effectively that specially highlights the price, promotion and services (Ramon Joan 2011; Lisa Bolton, 2010). However, as a matter of fact any organization, in this case Genting Malaysia Berhad would require different strategies to be applicable for the new business. Product design and product introduction are the two main challenges that the manager needs to look forward to; followed by the way the new product serves the customers (Li, et al., 2013). However, marketing management strategies and tools are important to be implemented on customer service for the new product in the new business with standard product quality and product availability (Marmon Shaun Elizabeth, 2009). Price marketing strategies like cost plus, demand based, skimming, penetration and competitor indexing with discounts and allowances will be helpful. However, the implementation will be valuable responsibilities will be assigned with incentives and training methods of the employees. The month by month agenda with adjustment mechanism can be one strategy that will keep a track of the program evaluation of the theme park (Fleisher Bensoussan, 2015).Overall pricing system poses a challenge because it directly relates to the market strengths of the company (Derrick Soren, 20 10). However, the price structure adopted needs to be competitive in nature. On the other hand, the Genting Malaysia Berhad new venture with 20th century fox business management requires recognition in the community talks so that the communitys message can be spread through word of mouth to attract more customers in the new business (Riley and Michael, 2006). The other factor physical evidence also plays a crucial role because the promotional activities done through social media marketing will enable their feedback in evaluating the product to attain maximum customer satisfaction (Lovelock, Patterson Wirtz, 2014). Operations Strategy The operations strategy primarily focuses on role of the people, skills and customer service that are significant in a new venture. Therefore, the company should indulge in activities like training and upgrading the new staff acquired through recruitment and selection. However, on account of delay in customer service, certain strategies needs to be undertaken that accounts to serve customer service efficiently (Derrick Soren, 2010; Ariely Kathleen Vohs, 2009). The strategies that can be taken in building a strong customer service are training employees with proper knowledge of the product in this case the theme park and its aspects of service charges, ticket, etc. Secondly, the customer service should be build with proper infrastructure like ticket tracking, call-backs and FAQs; thirdly, solving the query of the customer at the first point through live chat support contact or feedbacks through emails or phone calls. Lastly, the organization should make it a point to deliver on prom ises and making it personal through apologies to customers for delay in work and asking for feedbacks for future assistance (Kansky, 2012). Conversely, if the customer service is served properly then it may enhance the value for the long-term business. However, delivering without delay should be the basic motive of Genting Malaysia Berhad entertainment business. Customer needs should be served with top priority for the company (Ramon Joan, 2011; Stephen, Robbins Bruce Millett Terry, 2004). Nonetheless, the company needs to implement different strategies, process and techniques in different departments to enhance the customer service quality at all levels. The operational strategy highlights that the partnership should follow a unique trajectory that only increases the likelihood of success but also reflects the decisions made in agreement based on strategic alliance (Johnson, et al., 2015). On the event of venture, the key element that needs to be included is as following. Strategic goals and objectives The goals of the new venture on the theme park should be shared as well as individual such that decision undertaken should be in collaboration with each other bit there should be no interference of the allotted task to each other from the other party. There should be level of required institutional commitment from each of the two partners that is 20th century fox and Genting Malaysia Berhad. Roles and responsibilities should be shared by utilizing each others strength to draw the core complementary competencies (van Tulder Pfisterer, 2013). Specific Commitments should be made on agreed roles and different departments needs to be allocated according to the resource abilities from each other such as no one firm is responsible for any work. Decisions making principles and processes are done through the strategic alliance in Malaysia that is primarily done to gain capabilities that not only accompanies expansion but also incorporates the benefits of knowledge, technology and expertise. In addition, as this strategic alliance is based on joint venture in Malaysia where contractual negotiation is active such as each partner namely 20th century fox and Genting Malaysia Berhad will refine their roles according to their contribution and rewards as well as protect and proprietary information based on the degree of arbitration procedures (IoraitÄ—, 2009) Mechanisms of accountability in the strategic alliance acts like partnership were boards, adherence to codes of conduct, oversight committees and accounting standards need to be met. Suitable channels for propagation of outcomes should be carried out as the decisions made are confidential and there should be sense of privacy in the joint decisions made with the top management. The procedure of communication or resolving disputes with each partner of organization should be followed through a proper procedure (Osterwalder Pigneur, 2013). Viability Assessment The viability assessments can be achieved when there is operation and performance evaluation criteria that could be characterized by higher level of commitments, collaboration and communication (Ray, 2013). Figure: Factors influencing strategic alliance Source: (Ray, 2013) Management Strategy The management strategies undertaken in this new venture should solve different issues like finance allocations, time managements, operation managements, and inventory management. The management strategy at each step will overturn the new ventures weakness to strengths and the threats identified could be minimized (Ramon Joan, 2011; Ariely Kathleen Vohs, 2009). However, the management strategies may also serve as a benchmark in solving political and economic challenges and situations. The management strategy is specifically aligned for the senior line managers and executives that are directly responsible for cross company collaborations. Moreover, they are responsible to take care of the day-to-day operations taking place in the new venture (Vachon, 2012). The management strategy on customer service can be applied through promotional strategy for every category of customers. Hence management challenge is promotion implementations at Genting Malaysia Berhad entertainment business (Hoyland Robe, 2006; Riley Michael, 2006). In addition, the time taken for the promotional strategy to serve the new venture of Genting Malaysia Berhad and 20th century fox is also important. The promotion strategies like advertising, theme, media, sales promotion, publicity, product relations and word of mouth marketing will extend the business to be known. The electronic promotion through direct as well as e-marketing will provide effectiveness in the strategy. 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