Critically assess the attractions of commodities as an asset class Essay

Critically assess the attractions of commodities as an asset class over the short and long-term - Essay Example The ever-expanding list now also includes products such as financial instruments and stock indexes that trade on a commodity exchange. Commodities can be considered to be an asset class in their own right and long-term investments in the same have resulted in equity-like returns to investors. An investment can generally be considered a separate asset class when its returns are independent of other asset classes; its returns are both positive and significantly different from cash; its return cannot be replicated with a combination of other asset classes. Commodities have all these characteristics and therefore provide considerable investment portfolio diversification opportunities. It provides return and risk opportunities beyond that of simple inflation hedging and has sources of risk and return that are significantly different from and independent of traditional assets such as stocks and bonds. Moreover, its advantage lies primarily in that its risk and return trade-offs cannot be easily replicated through other investment alternatives. Thus commodity investment has enormous growth potential and poses some unique attraction for investors who understand its unique characteristics, benefits and challenges. For instance, commodities generally outperform other asset classes in an expansionary phase and deliver extra-ordinary returns within short periods. Like property, commodities offer low to negative correlation with equities and bonds and fixed income instruments and, therefore, provide a natural balancing and sobering effect on the portfolio. A correlation coefficient is a number between -1 and 1 that measures the degree to which two variables are linearly related. A positive correlative coefficient means that the two variables are directly related, i.e. the value of one will increase or decrease along with the increase or decrease in the other. A negative correlation means that the variables are inversely related and when one

Hrd 276 Essay Example | Topics and Well Written Essays - 500 words

Hrd 276 - Essay Example This review has chosen JetBlue Airways for purposes of organizational culture model simply because the company practices the Denison Organizational Culture Survey (DOCS), a tool of choice that has become effective in assessing the cultural and organizational performance. Using this tool, organizations can now benchmark their cultural scores against the global database. As a result, they can now develop action plans that are geared towards improving their current practices. In an analysis of JetBlue Airways using DOCS tool, both strengths and weaknesses of the organization as they apply in the company performance will be undertaken with respect to adaptability, mission, involvement and consistency (Denison Consulting, 2013). In doing so, specific aspects of an organizations culture in each of the fore mentioned traits and management practices are normally carried out. Adaptability is characterized by a number of traits such as customer focus, creating change and organizational learning. While creating change, JetBlue Airways has been characterized by the ability of the company to being responsive to change. The company responds well with its competitors and with respect to changes in the external environment. However, there is a need for different organizational unit to cooperate in order for Jet Blue to realize more change (Denison Consulting, 2013). Customers focus; on the other hand, requires that all members of the organization understands customer’s wants and needs particularly being an airline company. The last aspect of adaptability is organizational learning whereby failure should be viewed as an opportunity for future improvements. Therefore, this should encourage innovations in the company as the risk takers get re warded. The next factor of explanation of culture is the mission that involves strategic directions and intent; setting

The Development of Behavioral Psychology Essay -- science, J.R. Angell

The human mind and the way humans behave have been primary topics of study amongst historians for many years. Studies have been conducted in different professional areas to gain knowledge and understanding of humans, in an attempt to control behavior. The study of human behavior is known as behavioral psychology or behaviorism. The goal of early behaviorists and functionalists was to bring about a more reliable psychology. The behaviorists believed they would achieve this goal by excluding introspection and focus on the study of behaviorism. This evolution was achieved with help from the zeitgeist, behaviorist, and organizational psychology. This paper will discuss J.R. Angell and his prediction of the shift in psychology from introspection to behaviorism, the persons and idea’s helped to carry out the shift, how the zeitgeist supported the shift, and how the development of industrial psychology played its part in the shift. On what did Angell base his opinion? J. R. Angell was a psychologist and educator, who studied under John Dewey and William James. Angell worked as a psychology instructor at the University of Minnesota. It was at this university that Angell formed a psychology department in 1905 (Schultz and Schultz, 2012, p.294). Schultz and Schultz (2008) wrote: J.R. Angell at the University of Chicago, perhaps the most progressive of the functional psychologists, predicted that American psychology was ready for greater objectivity. In 1910, he commented that it seemed possible that the term consciousness would disappear from psychology, much as the term soul had disappeared. (p. 293) Behaviorism, which contended to end structuralism without compromise, was underway when Angell made his 2008 statement. J.R. Angell is su... ...or individuals. Conclusion Psychology has grown from the founding of behaviorism. Many individuals and ideas played a big part in setting the atmosphere for behaviorism to be widely accepted. Zeitgeist of that time period had also contributed to the acceptance of behaviorism. Therefore, when Watson came on the scene, it was not difficult for his ideas to be accepted. Even organizational psychology had its role by showing one can apply techniques in every aspect to bring change. Works Cited Buckley, K. W. (1989). Mechanical Man: John Broadus Watson and the Beginnings of Behaviorism. New York: The Guilford press Goss, A. E. (1961). Early behaviorism and verbal mediating responses. American psychologist, 16(6), 285-298. Schultz, D.P. & Schultz, S. E. (2012). A history of modern psychology, (10th Ed.) Belmont, CA: Wadsworth, Cengage Learning

Marketing Campaign

Nicole Abeyta Marketing Project Professor Liz Thomas-Hensley Marketing in the 21st Century February 11, 2013 Abeyta 1 Executive Summary: Stephanie Abeyta is an up and coming cosmetologist, she loves art and she expresses it through a variety of creative techniques. Stephanie wants to create trendy looks through hair, makeup, and nail design that will meet the needs of all her customers. Mission: Evolve infinitely in peace, beauty, and Happiness Vision: †¢ Build a mass clientele base †¢Create Art †¢Meet the needs of clients Promoting a variety of beauty techniques †¢Linking with the business community of fashion, weddings and formal events †¢ Promoting stylish trends †¢Anticipating trends in the fashion world †¢Advancing lifelong relationships †¢Respecting the diversity of clients Abeyta 2 Goals: Stephanie’s goal as a cosmetologist is to create beauty, and create magic. Stephanie wants the world to be a happier, beautiful place!! At times she would like to be living in L. A. as Chelsea Handlers personal makeup artist, or doing hair and makeup for fashion shows.She would also love to own her own salon, maybe design a small clothing line and own a boutique connected to the salon. She would like to have a successful business where her friends and family can work with her, and help her run it. There are many paths that Stephanie would like to take to build her career. The clearest vision she has for herself is to live a happy, inspired life. Stephanie is an artist, and people are her canvas. Giving a beautiful new haircut, a dazzling new color, or something outrageous for a high fashion photo shoot is how she creates art.This art she creates is beautiful, and spread worldwide by others just like her. She wants to spread beauty and therefore make people happy. History: It started with a braid, a french braid or a cornrow. Blue eye shadow and pink blush, oh yeah, it started at a young age. Paint brushes, water color, sket ch pads, oh yeah, it started at a young age. Art wasn't something she became interested in; it was something that ran through her veins. She was born to create are. She explored many artistic avenues; drawing, painting, nail art, writing, make-up, but it always came back to beauty.Why not create art with hair and makeup? Stephanie tried to major in psychology, English, media, but it wasn’t until she took her tour at Paul Mitchell the School that she knew that's where she belonged. She felt at home, and at that point she knew cosmetology was something she was born to do! Abeyta 3 Services Provided: Hair: †¢Color †¢Cutting †¢Styling †¢Texture (Perms & Relaxers) Nails: †¢Manicures †¢Pedicures †¢Silk Wraps †¢Acrylic †¢Nail Design (Free Hand) Spa: †¢Facials †¢Waxing Makeup: * Makeup Application Abeyta 4 Competitors: †¢Fellow Students †¢Working Professionals (Cosmetologists)Demographics: †¢General Public †¢F ashion Industry †¢People in Formal Events Current Presence in the Market: Currently there is not a strong presence of Stephanie Abeyta's individual entity of cosmetology in the social media market. Currently Stephanie is working on a professional Facebook page showcasing the work she has done thus far. Also Stephanie is working on tutorials for nails and makeup techniques to post on YouTube. SWOT Analysis Strengths: †¢Plenty of room to grow †¢Special niche with makeup and nails †¢Creative Abeyta 5 Weaknesses: †¢No social media †¢No time for social media Current clients don't have knowledge about services †¢Basic knowledge of social media Opportunities: †¢Exponential amount of room to grow †¢Stronger interactive presence †¢Stronger physical presence †¢Promotion of self †¢Promotion of creativity †¢Brand Building †¢Client Building Threats: †¢Fellow Students †¢Working Professionals (Cosmetologists) Abeyta 6 How Stephanie Abeyta's individual entity of cosmetology’s social media strategy fits into her overall marketing strategy: Stephanie is well aware that having a social media strategy is detrimental to her overall marketing strategy.Having a strong presence in the social media market, she will have knowledge gained and the view of benefits of utilizing interactive marketing techniques to promote her brand to exciting levels of high rates of returns on investment. Utilizing these interactive marketing techniques successfully will bring high volume of clientele, creating art and evolve infinitely in peace, beauty and happiness. Ultimately reaching the goals of the marketing strategy set forth for her individual entity as a Cosmetologist. Interview:Stephanie Abeyta, cosmetologist, was generous enough to provide time and valuable insight on the multiplicities and complexities that promote the utilization of interactive marketing within her individual entity. Overall logistics is th e driving and controlling entity to where Stephanie establishes her plan of action of whether or not to design and construct a social media presence or not. The interview with Stephanie Abeyta was quite beneficial on the direction of where and how social media will be implemented with her individual entity.Following is a transcript of the interview I had with Stephanie Abeyta. Abeyta 7 What are your thoughts on social media and its role in Cosmetology? â€Å"I believe it plays a big role in cosmetology because hair, makeup, and nail photos are all shared on pintrest, Facebook and other social media platforms. Sharing photos is a great way to get my creative work showcased†. Do you believe having a strong presence in the social media market will help gain clientele? â€Å"Yes, I believe more people will see what my capabilities are in regards to hair, nails, and makeup. The more people see my work the better chance of hem becoming potential clients†. What is social medi a to you and your individual entity? â€Å"Social media means exposure of my art and my brand. I believe this will ultimately lead to my goal of building a clientele base†. How does social media work, in recruiting clientele? â€Å"People will share my work on all social media platforms and hopefully that will bring potential clients in. if I get clients to like my work they will spread the word to their friends and family†. Abeyta 8 What kind of presence does your individual entity have in the social media market right now? As of right now, I have no forms of social media up, but I am currently working on a professional Facebook that will showcase the work I have done thus far. I am also working on tutorials that will teach interested individuals how to get certain looks with hair, nails, and makeup and I will be posting these tutorials on YouTube†. Identification of the â€Å"Why, How, and What's behind the product or service. Why? – Stephanie Abeyta's individual entity as of right now does not have a strong presence in the social media market.With our marketing strategy objectives we would like to build brand awareness and build clientele for Stephanie's individual entity. We would also like to build a strong presence in the social media market. This will generate an increase in clientele base as well as an increase of awareness of Stephanie's brand. How? – In order to build brand awareness, clientele and a strong presence in the social media market we will use many strategies incorporating a wide array of social media tools to promote and inform current and future clients.Our marketing strategy tools, includes the use of all social media platforms such as Facebook, Twitter, YouTube and a personal website for Stephanie Abeyta. We plan to reach out to current and future clients by making it an interactive platform for all to use. Abeyta 9 What? – Using all social media platforms, we intend to strengthen the overall b rand of Stephanie Abeyta's individual entity of cosmetology and emerge into the social media market with a special niche that will give this entity the competitive advantage over all other competitors. Identification of Marketing Objectives:Marketing Objectives: †¢Build brand awareness of individual entity †¢Build a strong presence in the social media market †¢Increase volume of clientele base Metrics for Success: †¢Facebook views and followers †¢Twitter followers †¢YouTube views and followers †¢Views of personal website †¢Increase of clientele (by # visits) Abeyta 10 In order to see how successful our marketing objectives are in this advertising campaign to build brand awareness and clientele of Stephanie's individual entity we will use Facebook, Twitter and YouTube views, likes, and followers.We intend to have a least 1,000 followers, likes and views the first year of this campaign to deem our advertising campaign as successful. We will also look at the percentages of visits in the salon, retention and the number of clients who return and compare to the beginning months of this campaign to see if our ROI in this advertising campaign is successful. With using all these metrics for success we hope to achieve a qualitative brand experience that is informing to current and future clients about all services and products Stephanie has to offer.In the current marketing environment that is surrounded by social media, Facebook, Twitter and YouTube, are the new ways of reaching out to clients. Our social media campaign is not only used to approach clients, but to create a buzz and engagement for current and potential clients. Facebook- Facebook is the most popular social media method as of today. This would be our primary method of reaching out to our target market because so many people are already familiar with this site. Stephanie's individual entity will utilize Facebook's timeline to generate client involvement. Clients wil l be chosen t random and appear as the timeline photo as style of the week. Facebook will also be used to showcase the capabilities of what Stephanie can do as hair, makeup and nails. We will also encourage clients to check in on Facebook so it will show up on their news feed and their friends will start to recognize Stephanie's creative work. Abeyta 11 An example of a Facebook post: â€Å"Check out new spring trends for hair, nails, makeup every Wednesday!!! † Twitter- This form of social networking is not the largest or the favorite; however, it is growing and has opportunity. The hash tag is an easy way for people to talk about the same subject.Stephanie will use this hash tag and connect with individuals who enjoy great deals at a salon. The clients that view this hash tag will be introduced to deals and coupons to use with their visit to the salon. An example of a Tweet would be: â€Å"Two for one special cut and color all week staring February 6th-14th. Bring promotion al code FEB13 to salon!!! #ValentineDeal#Stephanie Abeyta YouTube- A social networking site that is informative and entertaining. Stephanie will use YouTube as a platform to create tutorials that will teach interested individuals how to get certain looks from hair, nails, and makeup that are trending.First tutorial on updos coming soon! The knowledge gained and experience established throughout building this advertising campaign has been beneficial for both me and Stephanie. It is evident that interactive marketing techniques utilized in various industries can catapult promotion of brands and services to exciting levels of high rates on returns on investment. The denial of social media on industries can be a detriment in substance of competitiveness with rivals and prospects. Marketing Campaign Nicole Abeyta Marketing Project Professor Liz Thomas-Hensley Marketing in the 21st Century February 11, 2013 Abeyta 1 Executive Summary: Stephanie Abeyta is an up and coming cosmetologist, she loves art and she expresses it through a variety of creative techniques. Stephanie wants to create trendy looks through hair, makeup, and nail design that will meet the needs of all her customers. Mission: Evolve infinitely in peace, beauty, and Happiness Vision: †¢ Build a mass clientele base †¢Create Art †¢Meet the needs of clients Promoting a variety of beauty techniques †¢Linking with the business community of fashion, weddings and formal events †¢ Promoting stylish trends †¢Anticipating trends in the fashion world †¢Advancing lifelong relationships †¢Respecting the diversity of clients Abeyta 2 Goals: Stephanie’s goal as a cosmetologist is to create beauty, and create magic. Stephanie wants the world to be a happier, beautiful place!! At times she would like to be living in L. A. as Chelsea Handlers personal makeup artist, or doing hair and makeup for fashion shows.She would also love to own her own salon, maybe design a small clothing line and own a boutique connected to the salon. She would like to have a successful business where her friends and family can work with her, and help her run it. There are many paths that Stephanie would like to take to build her career. The clearest vision she has for herself is to live a happy, inspired life. Stephanie is an artist, and people are her canvas. Giving a beautiful new haircut, a dazzling new color, or something outrageous for a high fashion photo shoot is how she creates art.This art she creates is beautiful, and spread worldwide by others just like her. She wants to spread beauty and therefore make people happy. History: It started with a braid, a french braid or a cornrow. Blue eye shadow and pink blush, oh yeah, it started at a young age. Paint brushes, water color, sket ch pads, oh yeah, it started at a young age. Art wasn't something she became interested in; it was something that ran through her veins. She was born to create are. She explored many artistic avenues; drawing, painting, nail art, writing, make-up, but it always came back to beauty.Why not create art with hair and makeup? Stephanie tried to major in psychology, English, media, but it wasn’t until she took her tour at Paul Mitchell the School that she knew that's where she belonged. She felt at home, and at that point she knew cosmetology was something she was born to do! Abeyta 3 Services Provided: Hair: †¢Color †¢Cutting †¢Styling †¢Texture (Perms & Relaxers) Nails: †¢Manicures †¢Pedicures †¢Silk Wraps †¢Acrylic †¢Nail Design (Free Hand) Spa: †¢Facials †¢Waxing Makeup: * Makeup Application Abeyta 4 Competitors: †¢Fellow Students †¢Working Professionals (Cosmetologists)Demographics: †¢General Public †¢F ashion Industry †¢People in Formal Events Current Presence in the Market: Currently there is not a strong presence of Stephanie Abeyta's individual entity of cosmetology in the social media market. Currently Stephanie is working on a professional Facebook page showcasing the work she has done thus far. Also Stephanie is working on tutorials for nails and makeup techniques to post on YouTube. SWOT Analysis Strengths: †¢Plenty of room to grow †¢Special niche with makeup and nails †¢Creative Abeyta 5 Weaknesses: †¢No social media †¢No time for social media Current clients don't have knowledge about services †¢Basic knowledge of social media Opportunities: †¢Exponential amount of room to grow †¢Stronger interactive presence †¢Stronger physical presence †¢Promotion of self †¢Promotion of creativity †¢Brand Building †¢Client Building Threats: †¢Fellow Students †¢Working Professionals (Cosmetologists) Abeyta 6 How Stephanie Abeyta's individual entity of cosmetology’s social media strategy fits into her overall marketing strategy: Stephanie is well aware that having a social media strategy is detrimental to her overall marketing strategy.Having a strong presence in the social media market, she will have knowledge gained and the view of benefits of utilizing interactive marketing techniques to promote her brand to exciting levels of high rates of returns on investment. Utilizing these interactive marketing techniques successfully will bring high volume of clientele, creating art and evolve infinitely in peace, beauty and happiness. Ultimately reaching the goals of the marketing strategy set forth for her individual entity as a Cosmetologist. Interview:Stephanie Abeyta, cosmetologist, was generous enough to provide time and valuable insight on the multiplicities and complexities that promote the utilization of interactive marketing within her individual entity. Overall logistics is th e driving and controlling entity to where Stephanie establishes her plan of action of whether or not to design and construct a social media presence or not. The interview with Stephanie Abeyta was quite beneficial on the direction of where and how social media will be implemented with her individual entity.Following is a transcript of the interview I had with Stephanie Abeyta. Abeyta 7 What are your thoughts on social media and its role in Cosmetology? â€Å"I believe it plays a big role in cosmetology because hair, makeup, and nail photos are all shared on pintrest, Facebook and other social media platforms. Sharing photos is a great way to get my creative work showcased†. Do you believe having a strong presence in the social media market will help gain clientele? â€Å"Yes, I believe more people will see what my capabilities are in regards to hair, nails, and makeup. The more people see my work the better chance of hem becoming potential clients†. What is social medi a to you and your individual entity? â€Å"Social media means exposure of my art and my brand. I believe this will ultimately lead to my goal of building a clientele base†. How does social media work, in recruiting clientele? â€Å"People will share my work on all social media platforms and hopefully that will bring potential clients in. if I get clients to like my work they will spread the word to their friends and family†. Abeyta 8 What kind of presence does your individual entity have in the social media market right now? As of right now, I have no forms of social media up, but I am currently working on a professional Facebook that will showcase the work I have done thus far. I am also working on tutorials that will teach interested individuals how to get certain looks with hair, nails, and makeup and I will be posting these tutorials on YouTube†. Identification of the â€Å"Why, How, and What's behind the product or service. Why? – Stephanie Abeyta's individual entity as of right now does not have a strong presence in the social media market.With our marketing strategy objectives we would like to build brand awareness and build clientele for Stephanie's individual entity. We would also like to build a strong presence in the social media market. This will generate an increase in clientele base as well as an increase of awareness of Stephanie's brand. How? – In order to build brand awareness, clientele and a strong presence in the social media market we will use many strategies incorporating a wide array of social media tools to promote and inform current and future clients.Our marketing strategy tools, includes the use of all social media platforms such as Facebook, Twitter, YouTube and a personal website for Stephanie Abeyta. We plan to reach out to current and future clients by making it an interactive platform for all to use. Abeyta 9 What? – Using all social media platforms, we intend to strengthen the overall b rand of Stephanie Abeyta's individual entity of cosmetology and emerge into the social media market with a special niche that will give this entity the competitive advantage over all other competitors. Identification of Marketing Objectives:Marketing Objectives: †¢Build brand awareness of individual entity †¢Build a strong presence in the social media market †¢Increase volume of clientele base Metrics for Success: †¢Facebook views and followers †¢Twitter followers †¢YouTube views and followers †¢Views of personal website †¢Increase of clientele (by # visits) Abeyta 10 In order to see how successful our marketing objectives are in this advertising campaign to build brand awareness and clientele of Stephanie's individual entity we will use Facebook, Twitter and YouTube views, likes, and followers.We intend to have a least 1,000 followers, likes and views the first year of this campaign to deem our advertising campaign as successful. We will also look at the percentages of visits in the salon, retention and the number of clients who return and compare to the beginning months of this campaign to see if our ROI in this advertising campaign is successful. With using all these metrics for success we hope to achieve a qualitative brand experience that is informing to current and future clients about all services and products Stephanie has to offer.In the current marketing environment that is surrounded by social media, Facebook, Twitter and YouTube, are the new ways of reaching out to clients. Our social media campaign is not only used to approach clients, but to create a buzz and engagement for current and potential clients. Facebook- Facebook is the most popular social media method as of today. This would be our primary method of reaching out to our target market because so many people are already familiar with this site. Stephanie's individual entity will utilize Facebook's timeline to generate client involvement. Clients wil l be chosen t random and appear as the timeline photo as style of the week. Facebook will also be used to showcase the capabilities of what Stephanie can do as hair, makeup and nails. We will also encourage clients to check in on Facebook so it will show up on their news feed and their friends will start to recognize Stephanie's creative work. Abeyta 11 An example of a Facebook post: â€Å"Check out new spring trends for hair, nails, makeup every Wednesday!!! † Twitter- This form of social networking is not the largest or the favorite; however, it is growing and has opportunity. The hash tag is an easy way for people to talk about the same subject.Stephanie will use this hash tag and connect with individuals who enjoy great deals at a salon. The clients that view this hash tag will be introduced to deals and coupons to use with their visit to the salon. An example of a Tweet would be: â€Å"Two for one special cut and color all week staring February 6th-14th. Bring promotion al code FEB13 to salon!!! #ValentineDeal#Stephanie Abeyta YouTube- A social networking site that is informative and entertaining. Stephanie will use YouTube as a platform to create tutorials that will teach interested individuals how to get certain looks from hair, nails, and makeup that are trending.First tutorial on updos coming soon! The knowledge gained and experience established throughout building this advertising campaign has been beneficial for both me and Stephanie. It is evident that interactive marketing techniques utilized in various industries can catapult promotion of brands and services to exciting levels of high rates on returns on investment. The denial of social media on industries can be a detriment in substance of competitiveness with rivals and prospects.

101 Phrases for Teachers to Encourage a Child

Teachers want students to buy into what they are offering, so establishing a meaningful rapport with all pupils is important. Most children, by nature, want to please the adults in their lives, including their teachers. They seek out praise and are overjoyed when they are recognized for their achievements. Teachers should celebrate their students successes. Educators are called molders and shapers of young minds, but they should also be master motivators offering continuous encouragement.  Great teachers develop an arsenal of vocabulary that allows them to encourage a child creatively and continuously throughout each day. Encouraging Words The right phrases from a teacher can make a big difference for students. But those phrases dont have to be lengthy: To grab a childs attention, it often helps to keep it short. Even a word or two followed by an exclamation point can be enough to encourage a student to keep trying or to try even harder next time. Use these simple encouraging words with students and see if produce results in terms of student effort and success: A Work!Amazing!Astonishing!Awesome!Beautiful!BINGO!Boom goes the dynamite!Bravo!Breathtaking!Brilliant!Bueno!Clever!Congratulations!Cool!En Fuego! (On Fire!)Excellent!Exceptional!Extraordinary!Fantastic!Far out!Good!Good for you!Good thinking!Grand slam!Great answer!Great discovery!Great job!Hip, Hip Hurray!Hole in one!Hot dog!How did you do that!?Hurray!I believe in you!I knew you could do it!I love how you did that!I love it!Im proud of you!Incredible!Looking good!Magnificent!Marvelous!Neat!Neat-O!Nice job!Nothing can stop you now!Now youve got it!On target!Outstanding!Perfect!Per-Fect-O!Phenomenal!Remarkable!Right on!Sensational!Slam dunk!Spectacular!Stupendous!Super!Super-duper!Super Star!Super work!Superb!Sweeeeeet!Take a bow!Terrific!Thank you!Thats amazing!Thats correct!Top notch!Touchdown!Tremendous!Unbelievable!Very good!Very impressive!Way to go!We have a winner!Well done!What a genius!What an imagination!Winner! Winner! Chicken Dinner!Wonderful!Wow!Wow-zers!Yeeeesss!You ca n do it!You got it!You figured it out!You just blew me away!You just hit a home run!You just made my day!You rock!Youre #1!Youre a winner!Youre on fire!Youre one of a kind!Youre out of this world!Youre precious!Youre so creative!Youre so smart!. Youre special! Youre the best!

Comment on the Trend and the Size of Poverty in Hong Kong...

8. Comment on the trend and the size of poverty in Hong Kong society. To what extent do you consider the present Social Security system would be effective to alleviate poverty in Hong Kong? Introduction In such a cosmopolitan city as Hong Kong, it is not uncommon to see a number of affluent parents spending a large sum of money on their children, ranging from joining calligraphic class to extra physics tutorial lessons, and from buying the most updated mobile phones for them to sending them to overseas schools. This practice is even becoming increasingly popular due to the economic boom in recent years. By contrast, despite the seemingly prosperity of this city, there still exists a number of people living in destitute, with many†¦show more content†¦The major problem is that Hong Kong is lack of comprehensive and adequate retirement protection (Tsoi, 2002). Therefore, most retired people will not have stable financial income after their retirement. They could not rely on their job to earn a stable living but only depend on the social assistance and personal saving to sustain their life. âž ¢ New arrivals from China The group of people who also face econo mic hardship is mainly composed of wives and children of low-income Hong Kong workers who are new arrivals from China (Tsoi, 2002). Due to higher living standard in Hong Kong, family finance is one of the most common immediate adaptation problems experienced by the new arrivals. A study showed that the median family income of new arrivals was much lower than the median household income of the total population by $11,000. (Home Affairs Department, 2000). Within this vulnerable group, it is possible to further divide it into three sub-groups. First, it is the families living in private housing. Owing to the fact that those families with new arrivals members are not eligible to apply for subsidized housing, they have to rent this kind of expensive housing. They even have to compress food and other essential expenditures so as to pay for the rent (Tsoi, 2002). Pseudo-single-parent family is anotherShow MoreRelatedComment on the Trend and the Size of Poverty in Hong Kong Society. to What Extent Do You Consider the Present Social Security System Would Be Effective to Alleviate Poverty in Hong Kong?3599 Words   |  15 Pages8. Comment on the trend and the size of poverty in Hong Kong society. To what extent do you consider the present Social Security system would be effective to alleviate poverty in Hong Kong? 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The Role Of Labor And Its Effects On A Capitalist System

Two men, or more accurately speaking, two novels separated by nearly a century, both examine the importance of labor and its effects on a capitalist system. Adam Smith published the Wealth of Nations in 1776 in which he detailed his concept of the division of labor; a concept he believed would further the productivity of the labor market. In Capital, Volume 1, published in 1867, Karl Marx took a much different stance on the division of labor. Writing nearly a century after the publication of the Wealth of Nations, Marx was in the position of the critiquing Smith’s revolutionary theory of the division of labor. Instead of praising Smith, Marx saw the current state of labor and the capitalist model of society as degrading to the laborer. Through analysis of these two novels, one can see that there exists two very polarizing views on the potential of the division of labor. For Smith, the division of labor presented an entirely novel, almost experimental way to improve the ef ficacy of the market. As such, Smith praised the potential of the division of labor. Marx, writing one hundred years later, witnessed the reality that was the division of labor. He in turn viewed the division of labor as damaging to society. One factor in particular that divided Smith and Marx on the capabilities of labor--and, more specifically, the laborer--was technology. As the technology of their respective times was vastly different, so was their respective views of machinery. For one,Show MoreRelatedThe Role Of Labor And Its Effects On A Capitalist System1767 Words   |  8 PagesTwo men, two novels separated by nearly a century, both examine the importance of labor and its effects on a capitalist system. 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However, this view of Marx’s belief neglects the fact that Marx himselfRead MoreKarl Marx : A German Influential Philosopher And One Of The Intellectual Fathers Of Communism1477 Words   |  6 Pageseconomies of individual nations and the global economy itself. He eradicated his view on the effects these changes had on individual workers and society. This introduced many of his theories, one of which was the idea of alienated labor. Alienated labor was written in 1844, Marx sets the view that alienated labor focuses on the idea tha t industrialized capitalism changes the very nature of an individual’s labor from that of creation to that of a form of exploitation. Marx developed his theory of alienationRead MoreKarl Marx s Theory Of Alienation Essay1553 Words   |  7 PagesKarl Marx’s theory of alienation states the consequences of living within a capitalist society that is made up of stratified social classes. The working class is alienated because they are deprived of the right to think or direct their own actions without the oppression of the economic entity controlled by the Bourgeoisie. Emile Durkheim’s theory of anomie was developed during a great capitalist growth, the industrialization revolution. The mass population could not keep up with the constant changeRead MoreEssay on The Industrial Revolution1326 Words   |  6 Pagesthese forces in detail and analyze their impact on the structure and culture workplace. Capitalism Capitalism is an economic system that is based on the private ownership of capital or the means of production and the creation of goods and services for profit. Some of the elements central to capitalism include capital accumulation, competitive markets and a price system. Capitalism has been dominant in the Western world since the end of Mercantilism. It was fostered by the Reformation, whichRead MoreSocial Stratification1189 Words   |  5 Pagesas there is division of labor in the society, and that there are variability in the roles with varying degrees of importance, stratification will occur. There is a significant difference in the wages of CEO’s and a minimum wage earner because according to the theory, there is a functional necessity of providing different rewards for different positions in the society in accordance to an individual’s abilities. Because not everyone is qualified for specific positions or roles set by the society, thereRead MoreEmile Durkheim s An Analogy Of A Functioning Organism1171 Words   |  5 Pagesand a cycle of co-operation that entraps the division of labor as Durkheim describes it. He characterizes his version of the division of labor as the explanation of how people feel connected even though they ar e so divided, holding people together in an alternative way to the collective conscience of â€Å"yesteryear† in Durkheim’s day (Durkheim, Lecture 7). Durkheim’s view on the nature of suicide was that social integration played a key role in whether someone was at risk. He made the claim that the