Australian Economy Assignment Example | Topics and Well Written Essays - 2000 words

Australian Economy - Assignment Example The government, on the other hand, utilizes fiscal policies to ensure the economy grows at stable rates. The Reserve Bank and the government have ensured stability in the economy of Australia using fiscal and monetary policies since November 2011. The fiscal policy is in form of taxation and government spending; while the monetary regulation is in form of the cash rate and open market operations. The government and the Reserve Bank have succeeded in stabilizing prices and economic growth through the policies. The bodies have not managed to achieve full employment and balance of payment. Performance of the Australian Government and the Reserve Bank in running the economy from November 2011 to November 2013 Price Stability Price stability is achieved when the annual rate of inflation in a country is zero. However, it is hard for a country to achieve a zero rate of inflation because of price and wage rigidities. Price and wage rigidities refer to those charges that do not decrease below certain levels, for example, salaries of executive officers in organizations. The Reserve Bank of Australia set an inflation target of two to three percent (Reserve Bank of Australia, 2013); after taking into account price rigidities in the economy in 2010. Other countries that target the same figure include Hungary, Mexico, Spain, Japan, and Canada among others. This means that the rate that Australia set is favorable and it is widely accepted in the world. The Reserve Bank set the low inflation rate target to avoid the undesirable consequences of high rates of price instability, which include uncertainty, unfair distribution of wealth, and increasing tax benefits for businesses (Reserve Bank of Australia, 2013). These effects, consequently lead to low annual economic growth rate. The bank has managed to maintain the target inflation rate since November 2011. Year January -March April-June July-September October-December Annual 2013 2.5% 2.4% 2012 1.6% 1.2% 2% 2.2% 1.7% 2011 3.3% 3.5% 3.4% 3% 3.3% Quarterly inflation rates since January 2011. (http://www.rateinflation.com/inflation-rate/australia-historical-inflation-rate) The above figures show the rates of inflation in Australia since January 2011. The study, however, aims at determining the average rates from November 2011 to 2013. These include all the quarters of 2013 and 2012, and the last section of 2011 whose rate was 3%. The rate has remained within the 2-3% range in all the relevant quarters of the study. This means that the Reserve Bank has managed to stabilize prices in the country by use of monetary policies. Unemployment Unemployment is the inability of a qualified person to fail to secure a job at the prevailing wage rates. The unemployed people are willing to take jobs at the given wage rates, but they fail to find jobs in the market. Unemployment leads to undesirable consequences in the economy, for example, it lowers the per capita income, increases dependency, and leads to theft and prosti tution among others. The government and the Reserve Bank have failed to ensure low rates of unemployment in the country since 2011 because of the instability of some sectors in the economy. Long term unemployment has remained above 5% in the country since October 2011; whereas the velocity was below that amount before this period (Chua, 2013). This means that the management of unemployment has been inefficient, and this pulls down the economic growth

Reformation in Northern Europe has an effect on painting Essay

Reformation in Northern Europe has an effect on painting - Essay Example The essay "Reformation in Northern Europe has an effect on painting" analyzes what influence has the reformation in Nothern Europe on painting. In fact, reformation led to the fromation of protenstantism with constituent branches spread across Europe. The spread of reformation was enahanced by use of images, which become remarkably effective in dissemination of information regarding the negaitve practices of the church that the reformationists were opposed to thus art was applied to popularize the reformation movement . First, the main cause of the reformation was deeply rooted in dissatisfaction with the practices upheld by the church. This movement is attributed to protests founded by a German named Martin Luther who was an Augustinian monk. In 1517, he expressed his arguments against the abuse of indulgences that were solely official pardons granted upon repentance of one’s sins. The particular objection raised by the reformist was the parctice of selling indulgences that a llowed christians to literary buy their â€Å"ticket† into heaven. This practice had become quite popular in the beginning of the 16th century. Martin Luther, the founder of the reformation objected to the basic tenets of the Roman Catholic Church, which entailed the clergy’s exclusive manadate to grant salavation. Martin Luther believed that a person’s salvation was dependent on an individual’s faith and not solely on priestly mediation. In addition, Martin Luther considered the Bible to be the true and ultimate source.

Cause and Effect of Humiliation in the Classroom Essay

Cause and Effect of Humiliation in the Classroom - Essay Example Humiliation is one of them. Humiliation is putting someone down and making him/her seem bad in front of people. The person being humiliated feels embarrassed and ashamed in front of everyone and feels uncomfortable facing people in front of whom he has been humiliated. The Psychological reason is the insecurities that one might have about oneself. Such people derive their self-esteem from crushing others’ self-esteem by humiliating them in front of everyone. It fits most of the habitual bullies, who humiliate anyone and everyone they can find anything bad about. The victims are usually the people who are weak or cannot fight back. Another distinct cause is rivalry among students. Students find revenge in humiliating their rivals in front of everyone taking advantage of practically anything that they could find against the opponent. The first and the foremost effect of humiliation is absenteeism. When the victim cannot find a way to avoid humiliation at school, he/she tends to stay at home and not go to school altogether. If this practice extends far too much, the student may drop out of school altogether. Decreased self-confidence and tarnished self-esteem is another consequence of humiliation. The target of this vicious act starts losing friends and feels alone in a cruel world where everyone seems to be against him. His self esteem goes down the drain and he finds it very difficult to believe in himself and stand up for himself in face of problems that might arise in life. He feels like a loser and his whole life gets affected as he cannot take decisions properly and thinks his life is ruined. Emotionally, the person is torn inside and out. He feels everyone is against him and everyone hates him. He stops trusting people and feels encaged in a trap. He feels frustrated annoyed and mentally disturbed all the time,

Lost World Of Tambun: Theme Parks In Malaysia

Lost World Of Tambun: Theme Parks In Malaysia The philosophy of marketing needs to be owned by everyone from within the organization. Marketing focuses on the satisfaction of customer needs, Marketing is not only much broader than selling, it is not a specialized activity at all It encompasses the entire business wants and requirements. Future needs have to be identified and anticipated. The marketing concept is a philosophy. It makes the customer, and the satisfaction of his or her needs, the focal point of all business activities. It is driven by senior managers, passionate about delighting their customers.Marketing is not only much broader than selling, it is not a specialized activity at all It encompasses the entire business. It is the whole business seen from the point of view of the final result, that is, from the customers point of view. Concern and responsibility for marketing must therefore permeate all areas of the enterprise.This customer focused philosophy is known as the marketing concept. The marketing concept is a philosophy, not a system of marketing or an organizational structure. It is founded on the belief that profitable sales and satisfactory returns on investment can only be achieved by identifying, anticipating and satisfying customer needs and desires. INTRODUCTION OF Q1; Lost World of TambunTheme Parks in Malaysia The latest attraction from Sunway City Ipoh in Tambun, the Lost World is a new water theme park in Perak set to provide you a fun-filled adventure for friends and family! Nestled among lush greenery and limestone hills, the Lost World has a host of exciting activities to keep you coming back for more. Question 1: Your role: You are required to select a theme park of your choice. You are required to determine their organizational structure, products, markets, and competitors. Introduction As part of your research, you will need to define the structure of the franchise and the product that is being offered to the consumer. Content You are required to analyze: Their market strength Their zone of natural expansion Brand positioning and marketability of their brand Suggest steps to improve their sales and profits Suggest how they can take their business to a global scale Summary Conclude your research by summarizing all the above and provide a final solution on how the theme park may thrive in a completion market place. All cost for the event and portfolio must be self funding. Olympia College will not be responsible for any cost or any unforeseen circumstances occurred during this event. Answer Q1 As part of our assignment, I have chose the Lost World of Tambun theme park as my choice for doing my assignment. From my own research, there is five main elements which make up this world of adventures which is as stated in the structure belowà ¢Ã¢â€š ¬Ã‚ ¦ Jungle Wave Bay CLIFF RACER Tiger Valley Water park Hot Springs Spa FIVE ELEMENTS Water Park An exquisitely beautiful Waterfall Beach Garden exhilarating water rides in the theme park for everyone at the water park and where the water beach garden were the biggest wave pool in Malaysia where the waves could swell up to 3 feet high. At there, you could find a absolutely perfect landscaped beach which surrounded by 20 feet twin waterfalls with two rivers flowing into the pool. There is also a musical body wash as a refreshment before to the caption of Sandy Bay. Explorabay, a kids only zone which is specially designed for kids while Cliff Racer are intend for a adult and youth. And of course, the longest inflatable tube ride in Malaysia, Tube Raiders which is the family favourite giant slides while Adventure River is more on relaxing water ride. Cliff Racer Sail through the jungle canopy in an old mine cart after a drop from dizzying heights; just like in the old Wild Wild West movies! The park is perfect for those family escapades. Be sure to bring spare clothes for a change after a whole days fun on the numerous water slides and water games. The park also plays host to a few tigers and albino tiger cubs and visitors can witness the tiger feeding times between 11.30am to 5pm every day. The park is open everyday except Tuesdays (school/public holidays excluded) from 11am 6pm. One can have a cocktail at the Rum Jungle Bar between 6pm 9pm every night. Entrance tickets start at about RM25 per adult and RM 19 per child (children under 90cm gets free entrance). The park also offers special food, entrance and rides packages. Lost World Hot Springs Spa As the latest supplement for the visitors to enjoy the inimitable feel of the hot spring, the water in the hot spring come from a natural source, and this is a sanctuary for the visitors to relax and enjoy and to experience hygienic and rejuvenating hot water. Besides, there are many other elements which are catered for the visitors presenting the ultimate relaxation experience Tiger Valley There are feeding tigers show and their handles at play in the tiger valley. You can learn abit about how the tigers are cared through the valleys educational program where you will be able to get close and personal with one of these exquisite tigers. Lost World Petting Zoo Visitors can take a walk on the wild side and The Petting Zoo allows the public to touch, feel, feed and play with the animals; giving those looking for a more personal encounter, a closer perspective. Body Market Strength So many words packed into one, the Lost World of Tambun, where providing an action packed with exciting adventures with the most sensational rides and glamour in Ipoh, Malaysia. A 60 million Ringgit theme park which located in this historical town of Ipoh, in the middle of the North South corridor in Perak; and is set in the inborn landscapes of Ipoh, surrounded by exquisitely breath taking limestone features. The Lost World of Tambun has its own market strength just like the other theme park as well. As my research all over these theme parks, The Lost World of Tambun is the best theme parks if compared to all the competitors around within the northern region in Ipoh example like Bukit Merah. They has providing a variety services which provides leisure, relaxation, enjoyment as well as entertainment. Moreover, the price are quite reasonable for the services they are providing. As another market strength, Lost world of Tambun is the only theme park with natural hot spring and the water come from natural source and the thermal water in the pool are not recycled. Furthermore, they got a formation of the stand alone rock formation 10 storey building within the theme park. Based on the 4Ps, place, people, promotion and products, Lost World of Tambun had provides all these 4Ps if compared to other competitors as their market strength. Place 800 parking spaces provided Good transportation Natural pleasant landscape People Good services Caring from staffs Friendliness from staffs Promotion Invite international performance during parties; beach party Promote online through hot websites; facebook, etcà ¢Ã¢â€š ¬Ã‚ ¦ Promote through travel and tour agencies for packages Product Water Park Amusement Park Lost World Hot Springs Spa Tiger Valley Lost World Petting Zoo Zone of Expansion For your information, Lost World are exposed to the nature. Therefore, it has ample of natural resources around and within the park. As for the future expansion, they should take this advantage to make more for its zone of natural expansion usage from the natural sources. Currently, they are building a hotel of themselves which are rated as 4 5 star grades; visitors like foreign visitors do not need to look for other accommodations and can just stay inside the Lost World of Tambuns Hotel which are surrounded by natural source. Besides, they are also upgrading the hot spring spa section. As their future expansion, it could build up a monorail system for the overall accessibility within the theme park itself; visitors are able to travel from the theme park back to the hotel after explorer. Moreover, wide natural resources in their theme park which enable them to have their own cave which creates jungle tracking and cave exploring experience for customers. They should expand more on dry rides in did of only focus in wet rides as there is already a lot of wet rides. This will enable the visitors to have more choices during their explorer and will not feel boring. Brand positioning and marketability of their brand A great theme park which have its own nature and gave us a refreshing feeling when you are living in a hectic lifestyle; a way to expose yourself to the nature. Besides, it is a time for every member in a family to spend their time together and have fun in Lost World of Tambun. This is a way for family bonding to happen. Moreover, we can spend our time with our friends during holiday at there for entertainment and leisure. And of course, it is a good place for a couple to have a great day. What are they famous for? Their natural resources and it located in a historical place in Ipoh with natural thermal water sources. They are also considered as under the umbrella of Sunway Groups which lead them to success because Sunway group had prove themselves in Sunway Lagoon. Steps to improve their sales and profit In order to improve their sales and profit, they should depend on the economy scale which is reduce their cost in order to get more people. Besides, its also depends on how they generate their profit through the existing products. They can also provide more new family packages and teenage packages. Another step to improve their sales and profit is to extend business hour for dry parks and more events should be organize example like beach party. International performances should be invite example like super junior, wonder girls and big bang in order to attract more visitors. And of course, special rates for senior citizen should be apply and toys should be given to kids to show that the management is caring enough even to every single matter. How they can take their business to a global scale Extend their business to global scale, they can deal with the travel and tour regencies for packages and brings the tourism to Lost World of Tambun and let them recognize it and bring back this information back to the country. Moreover, they can have a deal with a country ambassador to promote their theme park in their own country and to attract foreign investment example like an big organization and this will lead them to develop another branch in their country by the help in modal from the organization; targeting hot weather country like india. Besides, it should have a deal with large organization to have a big retreat ( international conference ). And of course, the lost world management should also advertise their theme park through hot websites example like facebook.com, youtube.com, twitter.com and etcà ¢Ã¢â€š ¬Ã‚ ¦ Conclusion In any business success, marketing always plays a key part. You have to make a good relationship with your customers. You need to work out how you will reach and win new customers and make sure that they will be happy and remain satisfied of the services you are providing them. You need to always review and keep on improving everything you do to stay ahead of the competition.Although marketing plays an important role, it will not guarantee sales unless by doing it with a laid out plan. A well-researched and logical plan is important to have a better chance of building a long-term profitable relationships. A marketing plan will serve as a reference or your basis to execute a marketing strategy. By laying out plans, it will set out a clear objectives and explains how you will achieve them. You can define your business well if you have a written document that details the necessary actions to achieve your marketing goals. A marketing plan is considered a part of an over all business plan .  

Sapir-Worf Hypothesis: Linguistic Determinism and Linguistic Relativit

Sapir-Worf Hypothesis: Linguistic Determinism and Linguistic Relativity The romantic idealism of the late eighteenth century, as encountered in the views of Johann Herder (1744-1803) and Wilhelm von Humboldt (I 762-1835), placed great value on the diversity of the world’s languages and cultures. The tradition was taken up by the American linguist and anthropologist Edward Sapir (1884-1939) and his pupil Benjamin Lee Whorf (1897-1941), and resulted in a view about the relation between language and thought which was widely influential in the middle decades of this century. The â€Å"Sapir-Whorf hypothesis,† as it came to be called, combines two principles. The first is known as linguistic determinism: it states that language determines the way we think. The second follows from this, and is known as linguistic relativity: it states that the distinctions encoded in one language are not found in any other language. In a much- quoted paragraph, Whorf propounds the view as follows: We dissect nature along lines laid down by our native languages. The categories and types that we isolate from the world of phenomena we do not find there because they stare every observer in the face; on the contrary, the world is presented in a kaleidoscopic flux of impressions which has to be organized by our minds--and this means largely by the linguistic systems in our minds. We cut nature up, organize it into concepts, and ascribe significances as we do, largely because we are parties to an agreement to organize it in this way-an agreement that holds throughout our speech community and is codified in the patterns of our language. The agreement is, of course, an implicit and unstated one, but its terms are absolutely obligatory; we cannot talk at all ... ...version of the Sapir-Whorf hypothesis is generally accepted. Language may not determine the way we think, but it does influence the way we perceive and remember, and it affects the ease with which we perform mental tasks. Several experiments have shown that people recall things more easily if the things correspond to readily available words or phrases. And people certainly find it easier to make a conceptual distinction if it neatly corresponds to words available in their language. Some salvation for the Sapir-Whorf hypothesis can therefore be found in these studies, which are carried out within the developing field of psycholinguistics. Works Cited: Crystal, David. "Language and Thought." in Language: Readings in Language and Culture, Sixth Edition. Clark, Virgina P., Eschholtz, Pual A., Rosa, Alfred F., editors. St. Matin's Press. New York. 1998. p. 631-32 Sapir-Worf Hypothesis: Linguistic Determinism and Linguistic Relativit Sapir-Worf Hypothesis: Linguistic Determinism and Linguistic Relativity The romantic idealism of the late eighteenth century, as encountered in the views of Johann Herder (1744-1803) and Wilhelm von Humboldt (I 762-1835), placed great value on the diversity of the world’s languages and cultures. The tradition was taken up by the American linguist and anthropologist Edward Sapir (1884-1939) and his pupil Benjamin Lee Whorf (1897-1941), and resulted in a view about the relation between language and thought which was widely influential in the middle decades of this century. The â€Å"Sapir-Whorf hypothesis,† as it came to be called, combines two principles. The first is known as linguistic determinism: it states that language determines the way we think. The second follows from this, and is known as linguistic relativity: it states that the distinctions encoded in one language are not found in any other language. In a much- quoted paragraph, Whorf propounds the view as follows: We dissect nature along lines laid down by our native languages. The categories and types that we isolate from the world of phenomena we do not find there because they stare every observer in the face; on the contrary, the world is presented in a kaleidoscopic flux of impressions which has to be organized by our minds--and this means largely by the linguistic systems in our minds. We cut nature up, organize it into concepts, and ascribe significances as we do, largely because we are parties to an agreement to organize it in this way-an agreement that holds throughout our speech community and is codified in the patterns of our language. The agreement is, of course, an implicit and unstated one, but its terms are absolutely obligatory; we cannot talk at all ... ...version of the Sapir-Whorf hypothesis is generally accepted. Language may not determine the way we think, but it does influence the way we perceive and remember, and it affects the ease with which we perform mental tasks. Several experiments have shown that people recall things more easily if the things correspond to readily available words or phrases. And people certainly find it easier to make a conceptual distinction if it neatly corresponds to words available in their language. Some salvation for the Sapir-Whorf hypothesis can therefore be found in these studies, which are carried out within the developing field of psycholinguistics. Works Cited: Crystal, David. "Language and Thought." in Language: Readings in Language and Culture, Sixth Edition. Clark, Virgina P., Eschholtz, Pual A., Rosa, Alfred F., editors. St. Matin's Press. New York. 1998. p. 631-32

Animal Farm: Snowball Essay

He was a great leader, a devious leader, but caring at the same time. You may have thought I was talking about a man, but I was talking about a very powerful pig on a farm. I read a book called Animal Farm by George Orwell. The animals in this story represented humans in the Russian revolution. It was a very interesting book and I related most to a character named Snowball. The character that I feel represented me the most is an eloquent, passionate, and intelligent pig named Snowball. In the beginning of the novel, Snowball was the leader of Animal Farm. He and Napoleon often competed against each other. Even though Snowball believed in Animalism and felt that pigs were more superior to the other animals on the farm everyone still agreed with everything that he said. He created the slogan â€Å"Four legs good, two legs bad.† Snowball had always won the animal’s side against Napoleon. Later on, Snowball led a battle against Mr. Jones and the other farmers. The crusade was called the Battle of the Cowshed. After the animals won, Snowball had even more power than he had ever had before. He had an idea that they should build a windmill to power the farm and provide better service for the animals. Napoleon realized that Snowball had to leave the farm. He got Snowball to leave the farm by having dogs chase him away and he never came back after that. The author of Animal Farm named George Orwell, represented Snowball as Leon Trotsky. I think that Orwell did a very good job comparing a pig to a tremendous war leader from the Russian revolution. Snowball and Trotsky shared many characteristics. Some of them are that they were both clever leaders, they both wanted to make life better for their comrades and that they were both admirable, good speakers. In my opinion, it seems like it would be very difficult to represent important, influential people from the Russian revolution to animals. Orwell did a very nice job of comparing the two. Not only does Snowball compare to Trotsky, he also can represent me too. The competent pig, Snowball can represent me in some ways too. We are both smart, nice, caring, and responsible. Another way that we are alike is that we both compete against people. Snowball competes against Napoleon, and I compete against other girls at dance competitions. As you know, Snowball was a devious but caring leader. He led the Battle of the Cowshed, had conflicts with Napoleon, and got chased out of the farm by vicious dogs that Napoleon sent to attack him. I believe that Snowball was a better leader than Napoleon because he cared more about the animals, but at the same time Snowball treated the pigs better than the rest of the animals on the farm. Snowball may have gotten chased out of the manor farm, but he will always be my favorite and most representable leader from the book. Works Cited: http://www.sparknotes.com/lit/animalfarm/characters.html. n.d. Orwell, George. Animal Farm. Harcourt Brace & Company, 1946.

Types of Business Writing

Types of Business Writing When we think of business writing types, we usually think or letters, emails, and maybe reports. In fact, there are many more. And there are just as many types of writing skills required for all of these types of business writing. Heres a brief look at the types of writing in business that you can expect if you choose a career in this field: What are the Three Types of Business Correspondence Writing? Types of business correspondence writing include memos, letters, and memorandum. Each of these has a different format and style, and using the incorrect style can be a big mistake. Memos are internal communication pieces that are often sent electronically today. They use a familiar writing style that is informal in tone. These communications are often to make announcements or to remind staff of meetings, etc. Memorandum are formal memos and have a decidedly more business-like tone and structure. These are often used to inform staff of new policies or procedures, should have a to line, a from line a subject line and a date, so that the time of issuance is clear for future reference. Letters are external communication, gong to clients, prospects, affiliates, etc. These are generally formal in style and tone and are written on letterhead stationery. They may be sent electronically, but should always be signed. Within this category, there are specific types of business letters sales, proposal, follow-up, etc. Cover letters that accompany application, letters of reference/recommendation, and even resignation letters are also considered business letters. The common denominator here is that they are more formal in nature and style. Types of Proposal Writing Just as with other types of writing in business, there are a few different types of proposal writing. First and foremost, the common denominator is that they are all pretty formal documents. One of the most common types of business proposal is the Sales Proposal - a detailed document presented to a potential customer or client. This outlines exactly what that customer will receive for a specific amount of payment. One of the most common uses of these is by consultants who are offering their services to a client. Another common form of types of business proposals is one that is prepared for investors. Entrepreneurs with startups that need infusions of money often prepare these for presentation. This proposal outlines the goals of the company, the product or service to be offered, an analysis of the potential market, pricing, revenue projections, etc. There are templates for these all over the Internet to help a new business owner in his preparation Still another type of business proposal occurs in-house. While these may vary in topic, they are usually presented to superiors when a departmental or product change is being considered. A marketing manager, for example, may prepare a proposal for a re-organization of his department, adding staff perhaps. This will go up the chain of command for approval. The key element of this type of proposal will be details of the proposed change and the benefit to the organization. Reports There are as many types of reports as there are other types of business writing. Accountants prepare in-house financial reports on a quarterly basis, showing costs and revenue and making recommendations going forward Sales managers prepare quarterly sales reports, so they may be compared with previous quarters and so that projected sales can be forecasted HR departments prepare quarterly or annual reports for all things personnel-related, such as turnover, absenteeism, cost of benefits, etc. Annual reports are prepared for shareholders, so they have a pretty detailed overview of how the company has fared over the past year. These also include projections for future growth. All of these types require various types of writing, but they are generally formal in tone and style and obviously contain graphs, charts, etc. Attention to detail, particularly when numbers are involved, is critical. Marketing and Promotional Materials Various types of writing styles and tones are required for marketing. There are formal marketing materials that may be sent out to potential clients. These detail offered products and/or services There is content marketing produced for websites, blogs, and social media these require a different type of writing skills, are informal, and can be entertaining, educational, or inspirational. Creativity is a definite requirement. So, these are four broad categories of business writing types. As the concept ad nature of business in general changes, business writing will also change in nature. In general, traditional corporations will tend to maintain the more formal categories of writing, while newer companies, especially those that exist primarily online will trend toward less formality. The bottom line is this: if you are going to be involved in business writing, there are a myriad of writing skills you will need to develop. When You Need Some Help Not every business writer is skilled in all the types of writing he may need to produce. And learning how to be an effective business writer is a process. If you are struggling with your business writing, in any of the categories, a wise move is to use custom essay writing services that have a business and copywriting departments they can produce the writing pieces and documents you need.