Thursday, May 21, 2020
Increasing the Minimum Wage Will Reduce Income Inequality...
No person can maximize the American Dream on the minimum wage. -- Benjamin Todd Jealous No family gets rich from earning the minimum wage. In fact, the current minimum wage does not even lift a family out of poverty. -- Jon Corzine Income inequality has been a major problem facing American society for decades, but has recently become a major concern. I personally believe the major gap between the income of the rich and poor is a not just, but is not a major concern for the government and society. If the Federal Government addresses other major concerns facing American citizens the inequality will be adjusted due to other changes. The government needs to step in and adjust minimum wage and public education. If the governmentâ⬠¦show more contentâ⬠¦Not only is minimum wage a major social issue that needs to be addressed in order to help appease income inequality, but also education is a huge social concern. The reason this is such a concern is because families living in low income housing neighborhoods attend low income schools and are unable to rise above, because their schools do not have the same quality funding as high income neighborhood schools or private ones. The low income schools do not have prop er funding and put the students at an immediate disadvantage compared to high income neighborhood schools and private schools. I personally believe if the Federal Government supplies public schools with more than just 15% of their budget, students would not be at such a disadvantage and have a greater chance to be motivated to attend college and hopefully obtain a degree to earn a high wage job. In my education classes the teachers place a huge emphasis on making sure students are getting full educations. Meaning students start in kindergarten or a pre-kindergarten program and finish high school in order to benefit society and not bring society down. The fact is the earnings of high school graduates have grown ââ¬Å"more rapidly, so that the gap between dropout and graduate earnings expanded over time,â⬠even if they do not attend college it is so important for students to graduate from high school so the inequality does not increase even more (Becker 1). Additionally, ifShow MoreRelatedIncreasing Minimum Wage For Women And Young Employees901 Words à |à 4 Pagesproblems concerning pay discrimination. This essay is going to discuss whether or not the solution of increasing minimum wage for women and young employees could reduce the issue of income inequality such that it would improve all salaries from different occupations, help single mothers to support the family, and reduce youth unemployment. The first result from the solution of increasing minimum wage is improving all salaries from different occupations. Over the last 25 years there have been severalRead MoreThe Impact Of National Minimum Wage On South Africa s Income Inequality Essay1525 Words à |à 7 PagesThe impact national minimum wage would have on South Africaââ¬â¢s income inequality should it be implemented. South Africa is still considered one of the countries which still consist of high income inequality. Economists argue that inequality is the most unavoidable part of the economic development and that it continues to increase in developing countries due to economic growth (Keeton, 2014). Inequality is a problem in countries such as South Africa, because it shifts the attention from bigger andRead MoreShould Minimum Wage Be Increased?1691 Words à |à 7 PagesShould Minimum Wage be Increased? Introduction The term, ââ¬Å"minimum wageâ⬠refers to a lowest payment that an employer is bound to pay to its workers. Today minimum wage is made compulsory in more than ninety percent of nations including Canada where workers are demanding to increase minimum wages for a long time. Minimum wages are revised by governments in order to met growing needs of workers. There is a difference of opinion on the issue of increasing minimum wages among people of Canada. EmployersRead MoreInequality : Inequality And Poverty1729 Words à |à 7 Pages Inequality and poverty exist in our society because wealth and opportunity are inherited. If we all entered the world with an equal amount of resources, some would still rise above others but everyone would get the same chance to succeed in life. Since greed is one of the norms of our society, and wealth is passed from generation to generation, there will always be inequality and poverty. The system of wealth and inequality is actually pretty simple. It all boils down to a few things what youRead MoreMinimum Wage Laws For The United States Essay1742 Words à |à 7 PagesThe minimum wage is the mandated price floor paid on hourly or daily basis for the employees regulated by the government or the union. In ââ¬Å"Federal Minimum Wageâ⬠, New Zealand and Australia enacted the first minimum wage law during the late 19th century to prevent employersââ¬â¢ exploitation of workers. In 1912, Massachusetts passed the first minimum wage legislation in the US that was enforced for wom en and children, and fifteen more states followed in the next eleven years. However, the Supreme CourtRead MoreThe Death Of Horatio Alger1652 Words à |à 7 Pagesfor more than eight percent of the national incomeâ⬠(Freeland). Economic inequality is also known as income inequality, and it has always been a problem. The gap between the rich and the poor is growing wider and wider because wealth grows faster than the economy according to Thomas Piketty, and people are not able to move up through economic classes according to Paul Krugman. Economic inequality is a problem that can be overcome with raise the minimum wage, expand welfare benefits, and provide higherRead MoreWage Gap Between The Middle Class And The Upper Class1441 Words à |à 6 PagesIntroduction Wage is a topic that is constantly covered in the media. One big issue is the growing wage gap between the middle class and the upper class. While minimum wage increases are considered a good method to reduce income inequality, they are controversial since many business owners and economists argue that they increase the unemployment rate. Impact of minimum wage on employment One concern that is commonly mentioned during the debate on raising minimum wage is the loss of employment asRead MoreAdvantages And Disadvantages Of Minimum Wage In Taiwan1541 Words à |à 7 PagesIntroduction Nowadays, minimum wage is very important for workers in this world. In addition, minimum wage is also a core element of public policy in lots of countries. For example, minimum wage has become a hot topic in Taiwan recently. The Taiwanese complained that the working hours are too long, and the wages are too low. Because of that reason, workers in Taiwan have come forward to protest this policy. Therefore, according to this example, minimum wage has become an issue that cannot be ignoredRead MoreMinimum Benefits Of Minimum Wage1359 Words à |à 6 PagesMinimum wage is described asà ââ¬Å"the minimum amount of remuneration that an employer is required to pay wage earners for the work/services performed during a given tenure, which cannot be reduced by collective agreement or an individual contractâ⬠. Minimum wage can be established by statute, competent decision authority, a wage board, a wage council, or by industrial or labour courts.à The significance of minimum wage is to shield workers against disproportionately low pay. They help safeguard an equitableRead MoreMinimum Benefits Of Minimum Wages1399 Words à |à 6 PagesMinimum wages are described asà ââ¬Å"the minimum amount of remuneration that an employer is required to pay wage earners for the work/services performed during a given tenure, which cannot be reduced by collective agreement or an individual contractâ⬠. Minimum wages can be established by statute, competent decision authority, a wage board, a wage council, or by industrial or labour courts.à The significance of minimum wages is to shield workers against disproportionately low pay. They help safeguard an
Wednesday, May 6, 2020
Are The Brains Of Reckless Teens More Mature Than Those Of...
Overview of the Main Topic In the article, ââ¬Å"Are the Brains of Reckless Teens More Mature Than Those of Their Prudent Peers?â⬠, Epstein and Ong (2009) investigated the relationship between brain maturity and adolescent risk-taking. They challenged the traditional view that adolescent risk-takers had underdeveloped brains. Contrary to the traditional view, recent brain-imaging data showed white matter that resembled those of adults. This provided support for the new claim that adolescent risk-takers exhibited mature brains. This paper will review the traditional view, current research findings, and will analyze criticisms and support for the research question. Review of Key Findings The authors explored the traditional view, focusing on structural and functional studies of grey matter and developmental differences in frontal lobe and emotion-related brain areas. They provided two explanations that weakened this view. First, biological factors were primarily responsible for predisposing risk tendencies. This made it difficult to account for cross-cultural differences. Second, because the brain was responsive to environmental stressors and was able to change accordingly, it was not known whether structural changes reflected those stressors. Subsequent research conducted by neuroscientists at Emory University suggested an association between adolescent risk-taking and mature brain development. Ninety-one adolescents were assessed using the Adolescent Risk-Taking QuestionnaireShow MoreRelatedEffects of Juveniles Prosecuted as an Adult Essay2500 Words à |à 10 Pagescriminal acts committed by juveniles. Juvenile records are sometimes sealed f or public records or dismissed. The theory that juveniles are not mature enough to intentionally commit a crime has been around since the development of psychology as a science. In the 18th century, the authors of the English criminal code concluded that children, younger than seven had not acquired the mental ability to commit a crime such as murder, rape, burglary, etc. These experts used the following acts to determineRead MoreWhy Do We Get Married7407 Words à |à 30 Pagesdrinking. It is only in the movies that bachelors look young and carefree. If you see men who are single, after the age of 28 or so, you will find that they look older and more worn out than married persons of the same age. Scores of studies done in North America and Western Europe shows that married people enjoy better health than singles. They also live longer. Take mental health for instance. Singles outnumber married individuals by three to one in mental hospitals. Outnumbering the singles howeverRead MoreMarketing Mistakes and Successes175322 Words à |à 702 Pagesgeneration of entrepreneurs. A fair number of the older cases have faced significant changes in the last few years, for better or for worse, and these we have captured to add to learning insights. After so many years of investigating mistakes, and more recently successes also, it might seem a challenge to keep these new editions fresh and interesting. The joy of the chase has made this an intriguing endeavor through the decades. Still, it is always difficult to abandon interesting cases that haveRead MoreManagement Course: MbaâËâ10 General Management215330 Words à |à 862 Pages1. New Management for Business Growth in a Demanding Economy Text à © The McGrawâËâHill Companies, 2004 3 the strong business growth of pacesetter companies in the United States and throughout the world? How can companies renew and sustain those factors in the face of the business slowdowns and major fluctuations that challenge the longterm continuation of profitable earnings? As we continue to experience the twenty-first centuryââ¬â¢s economic, social, and political churning, how will these driving
Loyalty is just a tattoo Free Essays
Having to realize that not everyone means what they say Is a hard Idea to fathom when youââ¬â¢re someone who means everything they say. This past summer I found out my boyfriend had been cheating on me. To me this was the hardest news to swallow, to think the person you trusted with everything, who was your backbone and your shelter In midst of the storm was not only thinking about you and saying, ââ¬Å"l love youâ⬠to only you but to someone else as well. We will write a custom essay sample on Loyalty is just a tattoo or any similar topic only for you Order Now Instantly my world turned upside down, I ad to face the reality of the news I had found out. He apologized of course and in the end decided that I was the best choice for him, he wanted to make things work and go forward in our relationship, but how do you begin to trust again? Where do you start? Is he sincere this time? So many questions running through my head so much hurt and pain still. From then on I have guarded my heart like the jewel it is and protected it from anyoneââ¬â¢s harm. This situation elicited the most change on me because never will I ever love the same. I take my life day by day now, planning a future with someone Is so clicheà © too me. Had to realize that forever really is not forever and that relationships are day by day, anything could happen tomorrow. People change every day, they meet new faces all the time I feel as if someone finds a person who fits your spot in there life and who plays the role better will become your replacement and you will become nothing but a memory, to some people what means everything to them today can, become nothing to them tomorrow and thatââ¬â¢s just how some people are. Reminiscing on the days when I thought people waited till they were 21 to drink. Couples waited until they were married to have sex, people didnââ¬â¢t do drugs. I thought you would always end up marrying your soul mate, I thought your friends were your friends and they would never leave your side, that everyone you said ââ¬Å"I love youâ⬠too would say it back, and that your love story will end up like the movies. Itââ¬â¢s Just crazy how you grow up with all this love and hope in your heart and then youââ¬â¢re thrown into what you think Is a twisted. KC and cold world but Itââ¬â¢s actually Just life and you Just have to live It. In my head I tell myself Iââ¬â¢m still the same person I was a year ago but in all reality Iââ¬â¢m not. This situation caused me to become more sensitive and more protective of myself more than anything. Never did I realize that a person could cause so much Inner pain and there was no cure, no David or Misspoken can fix this boo boo, b ut too face the reality of it all, and over time hoping to get better. My approach is sterner in dealing with certain situations, I feel as if people take me serious that they will know Iââ¬â¢m not the type to mess around with and will not play games. I quickly closed my heart and right now thinking about forever with someone Is Just put on the backbencher for now. Trusting someone has never been so hard until now. You never know whatââ¬â¢s going through the other persons mind and there honest intentions with 1 OFF be more to myself and not trust anybody but God. I Just play the role, and Just make it seem as if Iââ¬â¢m okay but deep down inside Iââ¬â¢m hurting everyday and I always ask myself what did I do wrong to make him want to cheat? Does he really love me? Does he deserve this second chance? Itââ¬â¢s eating at me all the time and I Just want the truth but no one seems to know the answer. That to me is what is affecting me the most. That causes me to zone out, get distracted, cry at night, ignore and push away anybody who tries to get to know me. Iââ¬â¢m not sure how long will I be hurt or when I will find closure to my situation but it this has had the biggest impact on me this summer. The scariest thing about loyalty is that everyone has their own definition of it. When I thought of my boyfriend I thought he was the most loyal of them all. I thought he would be different from the rest and that he could prove to me that all guys were not the same. When he said he loved me I believed it, when he said he had my back I believed it, when he said he was loyal to me and only me I believed it but when all these emotions that I thought were so pure turned out to have flaws. I had begun to think maybe he was not lying and that he was exhibiting his own definition of love, compassion and loyalty or maybe he had been hurt before and his heart is guarded ND never realized instead of being the heartbroken became the heartbreak. Then I try to analyze the situation like I do all situations but still till this day I cannot come up to a conclusion as to whyâ⬠¦ He would do that and maybe I will never know the real reason or never will I know the whole truth but for now I have to face the reality of it and in hopes to move on and be able to love again someday. The reality of it all is that not everybody means what they say, everyone has their own definition of love and that forever does not exist in this love story. How to cite Loyalty is just a tattoo, Papers
Sunday, April 26, 2020
Rhetoric Philosophy and Shapiros Criticism on the Dworkins Work
Introduction In the following essay, the first part will compare and contrast, the rhetoric of legal philosophy as described and exemplified by legality and normative jurisprudence. The answers will focus on the double meaning of rhetoric philosophy, audience common ground, topics, methods, and the intended effects.Advertising We will write a custom essay sample on Rhetoric Philosophy and Shapiroââ¬â¢s Criticism on the Dworkinââ¬â¢s Work specifically for you for only $16.05 $11/page Learn More The second part of the essay will examine the work of Scott Shapiro and Robin West in their critique of Dworkinââ¬â¢s best light analysis. This part will also examine the similarities of their arguments on how Shapiro would frame Westââ¬â¢s arguments in terms of roles and trust management. Part One. It is imperative for one to understand the distinction between legality and normative jurisprudence. Legality in nonprofessionalââ¬â¢s language is the st rict observance of laws in an inflexible way. It is following the rule of the law especially the natural law strictly without considering the circumstances that may need flexibility and different set of actions. The normative jurisprudence on the other hand is of the argument that laws are for the purposes of containing the society and they are prone to change depending with the time and the circumstances. This is because the laws in place are for the common good of human beings in positioning members of the society for success in their daily operations. The following points exemplify the differences and the similarities of various views as explained by different scholars. Double Meaning of Rhetoric Philosophy. The rhetoric is an art of persuasion and its use in philosophical arguments is imperative in shaping discourse in the society. The rhetoric is imperative in the legal and normative jurisprudence as it gives the society information on the best manner of jurisprudence to apply in their governance and in legal judgments. The rhetoric as part of the jurisprudence provides the arguments and the various opinions, which are important in representing the various parts of the society. The legal rhetoric expressed by different legal scholars from the Thomistic school of law have always supported the legalistic jurisprudence arguing that laws are set for the common good and that the laws set by the society need alignment with the divine laws.Advertising Looking for essay on rhetoric? Let's see if we can help you! Get your first paper with 15% OFF Learn More Legality jurisprudence is of the argument that stands for the need and the necessity of incorporating the divine laws as part of the society. The rhetorical persuasions permeated through the religious discourse have provided the opportunity for legalistic proponents to exert their influence in the society. This has seen the incorporation of the Judeo Christian aspects in the modern legal law. The legalistic rhetoric persuades the importance of having those laws as part of the society. On the other hand, the normative jurisprudence rhetoric leans towards attainment of hegemony between those who believe in legalism and those who support independence. The normative rhetoric persuades the society to view that laws are flexible and they only help people not to go to the extremes. They argue that laws inconsistent with the common good are also inconsistent with natural justice whether divine or human. The liberal rhetoric advocated by the liberal lawyers is that the unjust law is not a law at all. Legislation of laws intends to avail justice to all human beings and failure of law to meet the criterion makes it inconsistent. The rhetoric of legal philosophy examines the audience and their differences in paying attention to the discourse. The audiences are the individuals who pay attention to the discourse and their position in the society. The legalistic jurisprudence audience supp orts the moral and the legal absolutism expressed by the law. This audience advocates for the absolutism of the law, as formulation of law is an advance action to contain acts of injustice. It holds the view that the law is fair to those who are just and unjust. This jurisprudence audience commonly exists in religious circles where absolutism in matters such as marriage, and sexuality permeates. It holds the opinion that just laws apply to all people whether the people ascribe to those beliefs or not. The normative jurisprudence audience on the other hand is more liberal and radical in their view of the law. The law should consider what is just for the majority and what is just for the minority. The hegemony arrived at by the two is the law.Advertising We will write a custom essay sample on Rhetoric Philosophy and Shapiroââ¬â¢s Criticism on the Dworkinââ¬â¢s Work specifically for you for only $16.05 $11/page Learn More The audience of this is usua lly the minority groups especially the political minorities and the religious minorities who may be at a disadvantage for their different opinions and lack of numerical strength to support their rhetoric. Common ground refers to those aspects where both the legal and the normative jurisprudence have similar views or opinions. Both the conservative and the liberals have common agreement. The first aspect where both the legalistic jurisprudence and the normative jurisprudence concur is that of the need for law in the society. Both schools of thoughts acknowledge that the society cannot exist cohesively without structure and mechanisms of justice. They agree there is need to have laws and structures of legislating the laws and organs of implementing the laws in the society. The two schools of thoughts also concur on the fact that laws address issues of justice and fairness in the society. Justice in this case is fairness to all. They concur that it is imperative to ensure that the laws apply to all people. No one should be above the law set in the society, as this is the basis of justice. They agree that mechanisms set to incorporate or to formulate laws governing the society should incorporate all and sundry such that anyone who contravenes the laws made by the society does not offend an individual but the society. There are topics, which elicit conflict in the application of both the legal and the normative jurisprudence. One of the major topics arousing interest and conflict from both the legal and the normative jurisprudence is in the issue of abortion. The interpretation concerning the sanctity of human life is a topic of interest to the advocates of the legalistic jurisprudence. The legalistic school advocates that human life is sacred and terminating it at will is a crime and unjust even for the unborn baby. The legalistic school is rigid and at times, there are rhetoric and arguments on which life need preservation in cases where both the life of the moth er and the unborn baby are in danger. The liberal school on the other hand argues that there are circumstances where the law of sanctity of life depends on the circumstances, as the law should always consider circumstances under which the action happened. This rhetoric on this topic is yet to tone down and there are various positions advocated by the proponents of each side of the divide.Advertising Looking for essay on rhetoric? Let's see if we can help you! Get your first paper with 15% OFF Learn More The other topic, which elicits conflict between the two aspects of jurisprudence, is that of the gayââ¬â¢s rights in the society. Civil laws in many countries prohibit same sex marriages. The legalistic jurisprudence school is against such marriages due to its strict adherence to natural laws that a man should marry a woman and likewise the female ought to marry the opposite sex. The normative jurisprudence takes a different stand on this issue where it considers the sex orientation of the individual thus the normative jurisprudence considers same sex legal depending with the sexual orientation of the individuals. The other topic of interest in this school of thoughts concerns capital punishment imposed on offenders of capital crime. The legalistic jurisprudence advocates for capital punishment as fair way of punishing capital offenders. The normative jurisprudence on the other hand sees capital punishment as contravention of the justice by doing injustice to the offender and by denying the offenders the right to live. Various methods of rhetoric have been applied to persuade members of the public and the judicial system to ascribe to any side of the divide. The rhetoric used in the legislative processes is a way of articulating law philosophical positions. Lobbying for support of the two philosophical positions in law is a method in which rhetoric is used. Part 2. This part explains Shapiroââ¬â¢s and Westââ¬â¢s criticism on the work of Dworkin. To examine Shapiroââ¬â¢s and Westââ¬â¢s criticism on the work of Dworkin it is imperative to understand the best light analysis. According to the Dworkinââ¬â¢s argument, law is real and integrity characterizes it. For law to have the integrity it deserves it must have two aspects. The first one is the legislative integrity and the second one is the adjudicative integrity. According to Dworkin, a law must have the necessary integrity in its legislation process. The legislation process must have integri ty when making the laws. The process must be representative of the society as a whole for the laws made to have the support and include all the aspects of the society. The other part of legislation integrity is that it must make laws that are consistent with natural justice. When lawmakers adhere to the ideals of the integrity of the law in their political process of formulating it then the adjudicative process starts. The adjudicative process is imperative as it deals with implementation as well as application of the laws set (Dworkin 56). According to Dworkin, the adjudicative process must start with pre-interpretation of the law where the judge gathers all legal materials and precedents related to the case. The second process is that of interpreting the law. When making the interpretation the judge must ensure that, the interpretation is based on the facts as well as the data gathered in pre interpretative stage. After examining the data, the judge must have justification of the decision shown in the best light (Dworkin 32). Shapiro and West however criticize this view for a number of reasons. The first is the irrelevance of the consistency of the principles used by the judges when adjudicating cases. Shapiro argues that following the precedents, which were decided long ago under different times makes the circumstances different, and advocates that the adjudication should be as per the present circumstances. Shapiro argues that the law is not integral on its own but it acts as a guiding principle that may change as per the discretion of the judge. This expression by Shapiro does not require judges to base their justifications on the entire law but on the best frit of their convictions (Shapiro and West 43). The other criticism is on the Dworkinââ¬â¢s stand especially the issue of inclusion of the moral principles as part of the analysis. However, at this point Shapiro and West take different positions. Shapiro advocates that natural justice need basis on the moral principles. This principle concurs with the Dworkinââ¬â¢s argument on the need to have moral laws of natural justice as part of entire laws. Shapiro is an advocate of ethics where ethics are the means through which the society adopts moral principles. The moral principles outline what is ethical and what is unethical. However, the argument of West is that laws are social thesis of the society, which is from the norms advocated for in the society rather than from the specific moral laws. This leaves it open for the members to decide which moral laws to choose as part of their laws compared with the inclusion of the moral law in the entirety of the law. The other aspect of their criticism is on the roles and trust management where West and Shapiro criticize Dworkin for the leaning on legalistic side on the roles and trust management in legal terms (Shapiro and West 17). Dworkin argues that trust comes out of strict adherence to the ordinances set by the members of the so ciety and that it is lost through failure to adhere to the rules (Dworkin 78). This is especially when there are individuals in the society who go unpunished after breaking the rules. West argues that trust comes from the agreement to change the laws when instances arise for flexibility to allow discourse to change. Shapiro refers to ethics by the members of the society as the best means of having trust (Dworkin 87). Conclusion The awareness concerning jurisprudence and various schools of thoughts, which shape the discourse on the Rhetoric of law philosophy, are imperative for both the layperson as well as legal practitioners. The awareness of the two schools of thought assists law practitioners to decide the opinions and the thoughts which to advocate for in the rhetoric. Shapiroââ¬â¢s criticism on the work of Dworkin provides an opportunity to analyze the discourse on positivity and that of law as integrity. Law as integrity has usually gained support of all quarters although c urrently positivity has gained popularity due to its leniency on some issues of morality, as it does not bend towards conservatism but towards liberalism. This discourse is imperative in informing legal practitioners on the various points of view existing in this field and enables them to make an informed decision on the side that they will incline to in their legal practice. It also informs the legislators of the importance of having a legislative process that is representative and full of integrity. Works Cited Dworkin, Ronald. Lawââ¬â¢s Empire. Massachusetts: Harvard University Press, 1986. Print. Shapiro, Scott and West, Robin. The Difference that Rules Make in Analyzing Law. Oxford: Oxford University Press, 1998. Print. This essay on Rhetoric Philosophy and Shapiroââ¬â¢s Criticism on the Dworkinââ¬â¢s Work was written and submitted by user Jenny Andrews to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Wednesday, March 18, 2020
Advantages and Disadvantages of a Marketing Plan
Advantages and Disadvantages of a Marketing Plan A well-written, comprehensive marketing plan is the focal point of all business ventures because marketing describes how you plan to attract and retain customers. This is the most crucial aspect of a business. Having a marketing plan is essential to any successful business. In fact, it is the heart of the business and the basis from which all other operational and management plans are derived. Marketing can give inventors a wealth of information that, if applied correctly, can virtually ensure your success. Therefore, it is important that you, as a first-time business owner, develop a comprehensive, effective marketing plan. If you need assistance in accomplishing this task, contact your local SBA office. You can find them by looking through the local telephone directory under U.S. Government for the telephone number and address of the office nearest you. You can also get that information by going to the U.S. Small Business Administrations website and entering your zip code in the section local assistance.Ã An effective marketing plan will certainly boost your sales and increase your profit margins. You must be able to convince customers that you have the best product or service for them at the best possible price. If you cannot convince potential customers of this, then you are wasting your time and money. This is where the marketing plan comes into play, and this is why it is so important. There are numerous advantages you can extract from the marketplace if you know how. And the marketing plan is an excellent tool for identifying and developing strategies for putting these advantages to work. Business Advantages Identifies needs and wants of consumersDetermines demand for a productAids in the design of products that fulfill consumers needsOutlines measures for generating the cash for daily operations, to repay debts and to turn a profitIdentifies competitors and analyzes your products or firms competitive advantageIdentifies new product areasIdentifies new and/or potential customersAllows for testing to see if strategies are generating the desired results Business Disadvantages Identifies weaknesses in your business skillsCan lead to faulty marketing decisions if data isnt analyzed properlyCreates unrealistic financial projections if information isnt interpreted correctlyIdentifies weaknesses in your overall business plan Review Its always good to review what goes into a marketing plan. Write down what you can remember on a blank sheet and then compare it to this quick fact sheet. The marketing plan offers numerous advantages; however, as you can see, there can be drawbacks. Keep in mind that the advantages outweigh the drawbacks and you can always seek professional assistance when you are developing the marketing section of your business plan. It may be worth the investment.
Monday, March 2, 2020
Farther vs. Further
Farther vs. Further Farther vs. Further Farther vs. Further By Mark Nichol Is there any difference between farther and further? Merriam-Websterââ¬â¢s online dictionary notes in a usage discussion that as an adverb, farther and further are used indiscriminately when literal or figurative distance is involved: ââ¬Å"How much farther do we have to go?â⬠ââ¬Å"Itââ¬â¢s just a mile further.â⬠ââ¬Å"How much further do you want to take this argument?â⬠ââ¬Å"Iââ¬â¢ve taken it farther than I want to already.â⬠However, in adjectival form, a distinction has developed regarding use in these senses: ââ¬Å"My house is the farther of the two.â⬠ââ¬Å"She needs no further introduction.â⬠But dictionaries are descriptive; they describe not how people should use language, but how they do use it. However, language maven (and therefore prescriptive) Bryan A. Garner, in Garnerââ¬â¢s Modern English Usage, advises, ââ¬Å"In the best usage, farther refers to physical distances, further to figurative distances,â⬠and I agree: Popular usage demonstrates just that popular usage and the careful writer maintains distinctions that enrich the language. (Write eager when you mean eager, for example, and anxious when you mean anxious.) Farthest and furthest, by extension, should maintain the same distinct meanings; use these forms in favor of the burdensome farthermost and furthermost. Furthering and furtherance are interchangeable noun forms that serve as synonyms for promotion or advocacy; there is no equivalent noun form for farther. Further is also employed as a modifier, as in ââ¬Å"Further, I see no reason to delay the proceedingsâ⬠; furthermore is a variant. Farther, however, does not fit this role. This Daily Writing Tips post from a former contributor has a somewhat different take; as always, consider what you read here (and there) a springboard (or two) for farther I mean further research to help you make up your mind about how you write. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Misused Words category, check our popular posts, or choose a related post below:How to Format a US Business LetterRunning Amok or Running Amuck?30 Nautical Expressions
Saturday, February 15, 2020
Microlending helps small enterepreneurs start businesses Essay
Microlending helps small enterepreneurs start businesses - Essay Example There are collaborative efforts between Kiva, lenders, entrepreneurs, and other players in the microfinance sector. This diversifies its reach to the global population, allowing web-based donations to be mobilized for loaning purposes. The organization of Kiva.org is unique relative to the financial purposes it serves. The microfinance combines a traditional business system with a contemporary web platform in executing its operations. The ultimate objective is to reach out to the needy entrepreneurial population and help it eradicate poverty in both the short run and long run. Kiva.org uses other microfinance players to reach out to the globe. Being a web-based microfinance, it does not necessarily need physical locations to attend to entrepreneurs. Also, working with other global microfinances further makes Kiva.org unique. Most importantly, the microfinance does not operate on a return-on-investment basis. Lenders actually donate the loan funds without expecting any returns on the loans that Kiva gives to needy entrepreneurs. The loans given by Kiva.org to entrepreneurs come from donations that are received from the lenders through the website. This essentially deviates from traditional businesses where loan funds are obtained from deposit-taking activities. On the same note, Kiva.org depends on field partners to have entrepreneursââ¬â¢ profiles approved in order to qualify them for microfinance lending. The model Kiva.org uses to give loans is effective and efficient. As the situation stands, this microfinance has reached millions of entrepreneurs in need of loans. Follow-ups are also made to not only ensure that the awarded loans are put to use, but also repayments are collected when they fall due. While this model appears simple, it is actually sophisticated and functional. Personally, I think that this model would work on a larger scale. The
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