Thursday, September 3, 2020

Marketing case Essay Example | Topics and Well Written Essays - 1250 words

Promoting case - Essay Example particles were showed in regards to the presentation and promoting of easygoing sprinters and walkers in 11 new structures, rather than concentrating on the 5 plans that the organization has created throughout the previous 15 years. There are various manifestations that were distinguished for the situation, for example, (1) a disintegrating territorial offer; (2) prominent inability to expand the offer in the more extensive market; (3) failure to adapt to creation of more structures utilizing the current workforce; and (4) insufficient notices that befuddled old clients more than pulling in new ones. From these side effects, one could derive that utilizing the 5 Why Analysis: for what reason was there a disintegration in local offer? (could be because of expanding rivalry where more item choices were accessible); for what reason did they neglect to build the offer in a more extensive market base in spite of expanding the quantity of plans? (could be because of their powerlessness to adapt to the necessary top notch expected of the items they produce); for what reason were they incapable to adapt to the creation of new structures (perhaps their current staff of 35 creation laborers couldn't consent to the expande d item plans or there were inability to identify the nature of work re-appropriated from two plants in South Korea); and, for what reason was there insufficient ads (possibly because of the expansion item plans, the board couldn't concentrate on the item and promoting methodologies that they need to extend to the customers). In such manner, after closer assessment, the root issue really originated from the overexpansion in product offerings and plans that have not been upheld by fitting promoting procedures to improve open mindfulness and to build up center fitness and upper hand for an especially solid item brand or line. 1. What had Henry done right? As a matter of fact, Henry was directly in recognizing that Pacer must react to the changing and expanding requests of the athletic shoe showcase. The industry’s biggest players started to pursue their set up showcase

Saturday, August 22, 2020

How to Clear Your Mind - Unclog Your Brain - Relax

Instructions to Clear Your Mind - Unclog Your Brain - Relax Now and then we can get so made up for lost time in the pressure and stress of our own lives that our psyches become too confused to even think about operating successfully. This is particularly perilous in a test-taking circumstance. Twilight of perusing and examining, our cerebrums can secure up a condition of over-burden. In an unpleasant circumstance, it’s frequently important to clear your psyche totally to permit your cerebrum to invigorate itself and recalibrate all ofâ its capacities. In any case, when you’re tense, clearing your psyche isn’t so natural! Attempt this unwinding procedure on the off chance that you think your mind has seized up from data over-burden. 1. Put aside at any rate five minutes for calm â€Å"clearing† time On the off chance that youre at school, check whether you can put your head down some place or locate a vacant room or calm space. If fundamental, set a watch (or telephone) caution or request that a companion tap you on the shoulder at an assigned time. 2. Think about a period or spot that places you into a total condition of harmony This spot will be distinctive for various individuals. Have you at any point sat on the sea shore watching the waves come in and acknowledged you’ve â€Å"zoned out† for some time? This is the kind of experience you’re searching for. Different encounters that make us daydream could be: Sitting in obscurity and gazing at Christmas tree lights-recollect how calm and serene that feels?Lying in bed late around evening time tuning in to great musicLying on your back on a cool day watching mists move by 3. Spread your eyes and go to your â€Å"place† ​ In the event that you are at school planning for a test before class, you may basically lay your elbows on the work area and put your hands over your eyes. For certain individuals, it may not be a smart thought to put your head down. (You may nod off!) Utilize every one of your faculties to make your experience as genuine as could be expected under the circumstances. On the off chance that you are thinking about a Christmas tree, envision the smell of the tree and the appearance of the layered shadows on the dividers. Don’t let any considerations creep into your head. When you begin to consider a test issue, clean up the idea and focus on your quiet spot. 4. Wake up! Keep in mind, this isn't snooze time. The point here is to revive your cerebrum. Following five or ten minutes of clearing time, go for an energetic stroll or take a beverage of water to re-stimulate your psyche and body. Remain loose and fight the temptation to consider the things that are worrying you or stopping up your mind. Don’t let your cerebrum return to freeze-out. Presently go ahead with your test or study meeting invigorated and prepared!

Friday, August 21, 2020

Internet Addiction an Escape from Reality Essay Example

Web Addiction: an Escape from Reality Essay Web Addiction: An Escape from Reality With the making of an online world comes the formation of new issues. The incredible system framework known as the Internet has took into consideration enormous advances on the planet, while making intense issues too. Maybe one of the most widely recognized of these negative issues is Internet Addiction Disorder, or IAD. Specialists Aviv Weinstein and Michel Lejoyeux characterize Internet fixation as being â€Å"characterized by over the top or ineffectively controlled distractions, inclinations or practices with respect to Internet utilize that lead to impedance or trouble (Weinstein Lejoyeux, 2010). One reason this issue is so predominant, is the way that it incorporates an enormous number of online exercises which can prompt it. For instance, one of the most well-known reasons for this issue is sex entertainment enslavement. This can frequently prompt different issues, for example, negative conjugal connections or sexual fixation. Different a ddictions brought about by or identified with IAD incorporate betting compulsion, gaming fixation, online connections, abuse of person to person communication, and others. As of now, Internet enslavement is certifiably not a restoratively perceived turmoil, so conclusion can frequently be troublesome. This is on the grounds that it is frequently obscure whether Internet enslavement is being brought about by something different. Numerous clinical experts accept that Internet compulsion ought to be viewed as a bonafide issue, however contentions over causality have kept it from being perceived as an independent condition (Weinstein Lejoyeux, 2010). Despite the manner in which it is seen, Internet habit has evident adverse consequences for the individuals encountering it, yet treatment is conceivable. Since the turmoil isn't authoritatively perceived, conclusion is frequently abstract. Be that as it may, an article in a 2010 issue of the diary Addiction proposes an indicative rules for IAD. In light of clinical experience and overviews, eight essential manifestations of IAD were resolved. These indications are appeared in the accompanying rundown, taken from Addiction: 1. Distraction: a powerful urge for the web. Contemplating past online action or expectation of the following on the web meeting. Web use is the prevailing action in day by day life 2. Withdrawal: showed by a dysphoric state of mind, nervousness, crabbiness and fatigue following a few days without web action 3. We will compose a custom article test on Internet Addiction: an Escape from Reality explicitly for you for just $16.38 $13.9/page Request now We will compose a custom exposition test on Internet Addiction: an Escape from Reality explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom exposition test on Internet Addiction: an Escape from Reality explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer Resilience: checked increment in web utilize required to accomplish fulfillment 4. Hard to control: determined want as well as ineffective endeavors to control, cut back or cease web valuable 5. Dismissal of hurtful results: proceeded with over the top utilization of web in spite of information on having tenacious or repetitive physical or mental issues prone to have been caused or exacerbated by web utilize 6. Social interchanges and interests are lost: loss of interests, past side interests, amusement as an immediate aftereffect of, and except for, web utilize 7. Mitigation of negative feelings: utilizes the web to get away or calm a dysphoric mind-set (e. g. sentiments of weakness, blame, uneasiness) 8. Avoiding companions and family members: duplicity of real costs/time of web association to relatives, specialist and others The article inside the diary subtleties an examination including this analysis rules. 408 patients were admitted to an emergency clinic for neurotic Internet utilize dictated by the previously mentioned side effects. One year in the wake of being discharged from the emergency clinic the patients were reevaluated, and most by far no longer met the measures for IAD. Be that as it may, IAD stayed predominant in few patients, the vast majority of whom experienced another crazy issue, for example, character issue or schizophrenia (Tao, Huang, Wang, Zhang, Zhang, Li, 2010). In view of this investigation, it turns out to be difficult to deny that IAD is a real condition. Be that as it may, it is frequently hard to decide if somebody is genuinely experiencing IAD. The past rundown of indications was controlled by a gathering of clinical experts in China, and this standards may change contingent upon where subjects are being tried. For instance, standards for finding might be distinctive in the United States contrasted with European or Asian nations. There are many test and polls accessible to take to decide whether IAD might be available in an individual, the most usually utilized being Youngs Internet Addiction Scale, truncated IAT. Others incorporate the Chen Internet Addiction Scale (CIAS), Compulsive Internet Use Scale (CIUS), and the Problematic Internet Use Questionnaire (PIUQ). These tests endeavor to decide side effects of Internet fixation and their connection to mental and social wellbeing. These tests, be that as it may, are not constantly exact. Issues that can happen with any test or survey become possibly the most important factor when utilizing this strategy, for example, untrustworthiness, misjudging the inquiry, or ineffectively worded questions. One of the reactions of these tests is that a few inquiries don't identify with enslavement, and consequently ought not be utilized in the assurance of IAD. It frequently gets hard to figure out what Internet dependence really is in these cases, as an individual may show addictive conduct towards one explicit movement (I. . erotic entertainment, gaming) and no others (Weinstein Lejoyeux, 2010). The way that IAD includes these various addictions, for example, erotic entertainment dependence, gaming habit, long range interpersonal communication fixation, and so on , gives more fuel to the contention that IAD may not be an independent issue, but instead a general term to portray at least one of these. In any case, basic web surfing regularly develops into an addictive conduct which is perceived under IAD, and this movement must be ordered under IAD. Despite the fact that offering similitudes to what we may think about run of the mill addictions, for example, medication and liquor habit, IAD is quite extraordinary in that it happens altogether inside the psyche. Physical issues can emerge out of IAD, yet the confusion itself does exclude genuine physical compulsion. The topic of why IAD happens then emerges. Like some other fixation, certain individuals might be inclined to encounter IAD. For instance, numerous demeanors for habit are hereditary, others are conceived out of youth injury. On the off chance that an individual is inclined, or prone to create compulsion (paying little heed to what kind), the possibility of IAD is available. The possibility for compulsion depends totally on the individual and a blend of stressors. In the event that the stressors trigger at a particular time in a people life, while the movement is happening, the conduct may get addictive. For this situation, if the Internet is being utilized as a discharge when the stressors trigger, online action may build which, thus, gets the opportunity to develop into IAD (Ferris, 1996). IAD shares likenesses with different addictions, particularly on a conduct level. The Internet, for this situation, turns into a getaway, or an approach to adjust ones state of mind by dismissing this present reality. The Internet permits the person to encounter a transitory high, it could be said, by permitting support for wanted and regularly unnatural for the individual encountering it. For instance, an individual who is modest may show an extraverted character on the Internet so as to meet others. They can become somebody unique, potentially with attributes they wish they had themselves. This experience is frequently exceptionally remunerating for these people, as they might be acknowledged online in manners they are not, all things considered. This can prompt abuse of the Internet, which can prompt IAD, in which the individual consistently needs to be on the web, or experience life as their online self continually (Duran, 2003). This marvel of relating to an online character exists vigorously inside the regions of web based gaming habit and internet dating. Web based gaming habit, when identified with IAD, for the most part includes games known as Massively Multiplayer Online Role-Playing Games, or MMORPGs. Inside these sorts of games, players make a character which will exist in an online world, which frequently shares significant likenesses with this present reality. For instance, MMORPGs, for example, World of Warcraft, Rift, and EVE Online all gloat their own in-game monetary framework including banks, stores, and other money related administrations. Players can interface with one another, talk, and complete missions together, in addition to other things. The connections experienced in these online universes frequently replace connections in reality, which can make the individual become hostile to social. The distinguishing proof of a person with an in-game character is certainly a huge factor in gaming enslavement. MMOPRGs for the most part take into account a character to continually advance, and this advancement never yields a certifiable prize, just in-game. For somebody encountering IAD, this can make them put some distance between the real world, as it were. This can cause in-game energy just as in-game dissatisfaction to be displayed as true feeling (Smahel, Blinka, Ledabyl, 2008). Different MMORPGs, for example, Second Life, center more around the player to player connections than the part of interactivity. Instead of giving the player journeys to finish or goals to achieve, Second Life acquaints the player with a virtual existence where nearly anything can happen, similarly as it would, all things considered. Players make and alter a symbol, and are then dove into what is actually a virtual life, which they can live in any capacity they see fit. This can remember going to class for the game, getting hitched, purchasing a house, and having an occupation and going to

Monday, June 15, 2020

How to Simplify Percent Questions on the GMAT

One of the most confounding aspects of the GMAT is its tendency to make simple concepts seem far more complex than they are in reality. Percent questions are an excellent example of this. When I introduce this topic, I’ll typically start by asking my class the following question: If you’ve completed 10% of a project how much is left to do?   I have never, in all my years of teaching, had a class that was unable to tell me that 90% of the project remains. It’s more likely that they’ll react as though I’m insulting their collective intelligence. And yet, when test-takers see this concept under pressure, they’ll often fail to recognize it. Take the following question, for example: Dara ran on a treadmill that had a readout indicating the time remaining in her exercise session. When the readout indicated 24 min 18 sec, she had completed 10% of her exercise session. The readout indicated which of the following when she had completed 40% of her exercise session. (A) 10 min. 48 sec. (B) 14 min. 52 sec. (C) 14 min. 58 sec. (D)  16 min. 6 sec. (E) 16 min. 12 sec. Hopefully, you’ve noticed that this question is testing the same simple concept that I use when introducing percent problems to my class. And yet, in my experience, a solid majority of students are stumped by this problem. The reason, I suspect, is twofold. First, that figure 24 min. 18 sec. is decidedly unfriendly. Painful math often lends itself to careless mistakes and can easily trigger a panic response. Second, anxiety causes us to work faster, and when we work faster, we’re often unable to recognize patterns that would be clearer to us if we were calm. There’s interesting research on this. Psychologists, knowing that the color red prompts an anxiety response and that the color blue has a calming effect, conducted a study in which test-takers had to answer math questions   the questions were given to some subjects on paper with a red background and to other subjects on paper with a blue background. (The control group had questions on standard white paper.) The red anxiety-producing background noticeably lowered scores and the calming blue background boosted scores. Now, the GMAT doesn’t give you a red background, but it does give you unfriendly-seeming numbers that likely have the same effect. So, this question is as much about psychology as it is about mathematical proficiency. Our job is to take a deep breath or two and rein in our anxiety before we proceed. If Dara has completed 10% of her workout, we know she has 90% of her workout remaining. So, that 24 min. 18 sec. presents 90% of her total workout. If we designate her total workout time as â€Å"t,† we end up with the following equation: 24 min. 18 sec. = 0.90t Let’s work with fractions to solve. 18 seconds is 18/60 minutes, which simplifies to 3/10 minutes. 0.9 is 9/10, so we can rewrite our equation as: 24 + 3/10 = (9/10)t (243/10) = (9/10)t (243/10)*(10/9) = t 27 = t Not so bad. Dara’s full workout is 27 minutes long. We want to know how much time is remaining when Dara has completed 40% of her workout. Well, if she’s completed 40% of her workout, we know she has 60% of her workout remaining. If her full workout is 27 minutes, then 60% of this value is 0.60*27 = (3/5)*27 = 81/5 = 16 + 1/5, or 16 minutes 12 seconds. And we’ve got our answer: E. Now, let’s say you get this problem with 20 seconds remaining on the clock and you simply don’t have time to solve it properly. Let’s estimate. Say, instead of 24 min 18 seconds remaining, Dara  had 24 minutes remaining (so we know we’re going to underestimate the answer). If that’s 90% of her workout time, 24 = (9/10)t, or  240/9 = t. We want 60% of this, so we want  (240/9)*(3/5). Because 240/5 = 48 and 9/3 = 3, (240/9)*(3/5) = 48/3 = 16. We know that the correct answer is over 16 minutes and that we’ve significantly underestimated   makes sense to go with E. Takeaway: Don’t let the question-writer trip you up with figures concocted to make you nervous. Take a breath, and remember that the concepts being tested are the same ones that, when boiled down to their essence, are a breeze when we’re calm. Plan on taking the GMAT soon? We have  GMAT prep courses  starting all the time. And be sure to follow us on  Facebook,  YouTube,  Google+  and  Twitter! By  David Goldstein,  a Veritas Prep GMAT instructor based in  Boston. You can find more articles written by him  here.

Wednesday, May 6, 2020

The On Liberty By John Stuart Mills - 2164 Words

ON LIBERTY In John Stuart Mills’ profound work, On Liberty he preaches against the conformity of the nations and outwardly encourages and restlessly defends voice of the individual. The philosopher expresses the importance of individuality by warning against forces such as the government and other citizens silencing their opinion. Though Mill’s gives due recognition to virtues such as free speech, liberty and individualism he also rightly places limitations on our freedoms to ensure our own freedoms do not infringe upon the ones of those around us. In essence, I believe that Mill’s insightfully provides a logical answer to society on how to live and how to allow others to live; freely unless harm will ensue. By Mills’ statement that, â€Å"[i]f all mankind minus one were of one opinion, mankind would be no more justified in silencing that one person than he, if he had the power, would be justified in silencing mankind† one can gain insights into his justificat ion for this argument, the limitations that should rightly be placed on free speech, the assumptions that are the basis for this argument. Throughout Mills’ essay he argues against the oppressive tyranny of the government in silencing the opinions of others. He warns that, â€Å"there needs to be protection also against the tyrant of the prevailing opinion of feeling; against the tendency of society to impose†¦ its own ideas on those who dissent from them† (Mills 9). Further, Mills justifies this statement byShow MoreRelated`` On Liberty `` By John Stuart Mill1458 Words   |  6 PagesJohn Stuart Mill was an English philosopher and a progressive in British politics during the 17th century. He lived during a time of political transformation in England caused by the Industrial Revolution. The Industrial Revolution brought social mobility to the middle and lower class, along with more political participation. With this newfound freedom, the people of England felt their liberties were being diminished because they had the ability to accomplish all the more but in some cases, couldRead MoreIndividualism A nd Liberty By John Stuart Mill1196 Words   |  5 Pages In the essay, Liberty, written by John Stuart Mill, Mill states that individualism is the theory that â€Å"[o]ver himself, over his own body and mind, the individual is sovereign† (7). Before coming to this conclusion, Mill first explains that individualism and liberty were defined in ways far different from definitions now and that true individualism did not exist until later in history. It takes him several paragraphs and even chapters to finally suggest that a man, by himself, is free to do whatRead MoreJohn Stuart Mill s On Liberty1700 Words   |  7 PagesJohn Stuart Mill’s â€Å"On Liberty† essay, published in 1859, portrays Mill’s perception of liberty with an emphasis on individuality. He explicitly states at the start of the essay that the main point is to â€Å"govern absolutely the dealings of society with the individual in the way of compulsion and control† (5). His push to establish the basic guidelines for the relationship between a uthority and liberty is a result of his ethical theory of utilitarianism. Throughout the course of this essay, Mill providesRead MoreWithin On Liberty By John Stuart Mill1312 Words   |  6 PagesWithin On Liberty by John Stuart Mill, the notion of individuality and one s abilities to make choices for himself contradicts the notion of evolution within Edward O. Wilson’s Consilience. Mill’s beliefs derive from social interaction and experience in which the individual can decide for himself what is right versus what is wrong and can act upon what he believes to be the best option. Whereas, Wilson’s views coincide with the idea that individuals generate decisions based off of historically discoveredRead MoreJohn Stuart Mill s On Liberty And Utilitarianism Essay2257 Words   |  10 PagesThis essay examines and inspects liberty and order conflict based on the writings of philosopher John Stuart Mill, titled On Liberty and Utilitarianism. We will discuss how his p hilosophical views on equality as fundamental to what it means to be human. We will interpret John Stuart Mill’s theorist view on equality as fundamental to the good or bad functioning of the state? The question and debate we would also raise will be, is equality be integral the arrangements of power? Lastly, we wouldRead MoreJohn Locke And John Stuart Mill s On Liberty Essay1748 Words   |  7 PagesPolitical philosophers over time have developed their own conceptions of liberty and the relationship of individuals to not only society, but also the state. Political philosophers such as, Aristotle and Plato have more of an ancient conception of liberty and the role the individual plays in society and to the state. Whereas, Thomas Hobbes, John Locke, and John Stuart Mill have developed a more modernized conception of liberty and the role of the individual to the state and society. Plato’s work theRead MoreJohn Locke And John Stuart Mill s On Liberty Essay1200 Words à ‚  |  5 PagesPolitical Philosophers over time have developed their own conceptions of liberty and the relationship of individuals to not only society, but also the state. Political Philosophers such as, Aristotle and Plato have more of an ancient conception of liberty and the role the individual plays in society and to the state. Whereas, Thomas Hobbes, John Locke, and John Stuart Mill have developed a more modernized conception of liberty and the role of the individual to the state and society. Plato’s work theRead MoreAnalysis Of The Text On Liberty By John Stuart Mill1642 Words   |  7 PagesAccording the text ‘On Liberty’ by John Stuart Mill, his position with respect to free speech is that even one person had a specific opinion, mankind is not given grounds to silence him. Mill’s argument regarding free speech is valid because he protects the liberty of the individual over the popular opinion of society. I agree with Mill’s point of view because I also believe that everyone should have the voice to express what they wish, excluding when it causes harm to others. Mill begins the text byRead MoreA Rhetorical Analysis of On Liberty by John Stuart Mill1638 Words   |  7 PagesA Rhetorical Analysis of On Liberty John Stuart Mill, an English philosopher and a political economist, had an important part in forming liberal thought in the 19th century. Mill published his best-known work, _On Liberty,_ in 1859. This foundational book discusses the concept of liberty. It talks about the nature and the limits of the power performed by society over an individual. The book also deals with the freedom of people to engage in whatever they wish as long as it does not harm otherRead More John Stuart Mill on Individual Liberty Essay2353 Words   |  10 PagesJohn Stuart Mill on Individual Liberty Definition of Individual liberty In his work On Liberty, Mill placed much emphasis on individual liberty and its vital role in political society. To Mill, this phrase may be defined as the liberty of the individual to be the final judge over his actions; to decide what is right and wrong and to act upon that standard. On a secondary level, it also implies ones freedom to pursue ones own individuality. Mill believed in a society in which each individual

Australia Break World Economic Growth Record-Myassignmenthelp.Com

Question: Discuss About The Australia Break World Economic Growth Record? Answer Introduction Australia is worlds one of the most developed economies. It is also worlds one of the biggest mixed market economies. Australia ranks second among the most wealthiest nations of the world in terms of wealth per capita, preceded by only Switzerland. In June 2016, total wealth of Australia was AUD 8.9 trillion. The country became 12th among the largest economies of the world as per nominal GDP and 19th as per PPP adjusted GDP in 2016. The GDP of Australia was 1.205 trillion USD or 1.69 trillion AUD in 2016. The GDP per capita was $51,850 in nominal terms in 2016, which is a very high figure. It has faced an inflation rate of 1.9% in June 2017, and the rate of unemployment is 5.6% in August 2017 (Austrade.gov.au 2017). Australia has the record of having uninterrupted economic growth for almost twenty years. No other developed country has this long period of growth. The country has not witnessed any technical recession in the past 26 years. Economic performance of the country has been extremely well in Australia. The global financial crisis of 2007-08 could not affect Australia as much it hit other economies. The major sectors of the economy are services, construction, mining, manufacturing and agriculture. The service sector contributes maximum in the GDP of Australia. 2009-10 saw the mining boom in Australia. Although the growth of the mining sector has declined, still the economy remained stable and resilient and as not faced any recession since 1991. The country ranks 25th in exporting and 20th in importing of goods and services. It also entered in Free Trade Agreement with China, Japan, and Korea, which has helped the country to grow its production immensely in the past decade (industry.gov.au 2015). The following essay focuses on the GDP and economic growth of Australia in the last few years. Economic performances of Australia It has been a great achievement for Australians that a generation of the country has not experienced recession while growing up. There is huge prosperity in the country. Level of unemployment has been low and stable and inflation rate has been low in the past few decades. The country is rich in natural resources. Hence, the mining sector was developed tremendously. The mining sector has generated the maximum employment in the country. However, the non-resource sectors started to develop in the 2000s and the focus has shifted to these sectors. Globalization and economic liberalization have contributed to make the economy open (Battellino 2013). Figure 1: Real GDP of Australia, 2005-2015 (Source: World Bank 2017) GDP refers to the Gross Domestic Product, which is the total value of the goods and services produced within the geographical border of a nation, in a given time period, say, one financial year (Mankiw 2014). GDP is of two types: nominal and real. Nominal GDP refers to the value of the goods and services at current prices. On the other hand, real GDP is the inflation adjusted value of production. It is obtained by discounting the nominal GDP by GDP deflator of that year (Ghysels 2016). This, nominal GDP is always higher than real GDP. Figure 1 depicts the real GDP of Australia from 2005 to 2015. From the data of the World Bank, it can be seen that in the last 10 years, the real GDP of Australia has grown significantly. In 2013, it reached a peak at 15.79 billion USD. The trend line for the GDP is rising. GDP is one of the fundamental elements, which is used to management the economic health of a nation. The level of production of the economy determines how fast it is progressing. There are two ways to measure GDP. One is income approach and the other is expenditure approach. In income approach, the earning of people and firms are added up, and in the expenditure method, the amount of spending of people and firms are added up. The total consumption, government spending, net exports and investment are added up to find out the GDP of a country. Hence, in a healthy economy, the unemployment level is lower, there is higher demand for products, thus labor demand increases, wage increases and economy expand. A considerable change in the GDP is reflected in the stock market movement. In a bad economy, the companies earn less money, and thus, the stock prices are reduced. People get less money and therefore, aggregate demand in the economy falls. Hence, production level falls and economy cont racts. This represents negative growth or recession (Rezai and Stagl 2016). 1991 onwards Australia has faced the longest run of growth. The average growth rate per annum is 3.2% (Skynews.com 2017). It is the only country among the other developed nations which has seen the growth for such a long time. Recession is defined by the concept of two successive quarters having negative economic growth. Australia has never faced two consecutive quarters of negative growth since 1991 and hence, the longest run of economic growth has been achieved by the country. The Global Financial Crisis of 2008 was a major event that shook the international economy during this last 10 years. All the major countries were hit hard but not Australia (Adema, Fron and Ladaique 2014). The impressive performance of Australia in the last two and half decades is majorly credited to a variety of elements, such as, economical reforms, strong population growth due to migration and strategic geographical region. According to a report of RBA, parts of the growth can be attributed to the growth of the population. Along with that, the emergence of China is another reason. In the last five years, the main export market, Japan and many other Asian trading partner countries experienced subdued growth; hence the export sector of Australia captured a new emerging market of China (Battellino 2013). In the past 20 years, the Australian economy demonstrated a greater degree of flexibility. Hence, the resiliency has been increased, which has enabled the economy to handle all the external shocks, for example, the break down of the dot.com bubble, Asian crisis and the global financial crisis following the collapse of US subprime credit bubble etc. (Bagshaw and Massola 2017). One of the major key elements of flexibility is the floating exchange rate of the country. To respond to the various external shocks, the currency has risen and fallen, otherwise the events could have destabilized the domestic economy. During the Asian and Dot-com bubble, the Australian dollar depreciated quite sharply to respond to the deteriorating condition of the international economy. This had helped to insulate the domestic economy (Stiglitz and Guzman 2016). Even during the 2008 financial crisis, the Australian dollar rose sharply along with the commodity prices. It helped in dissipation of pressures, which could otherwise cause the economy to overheat. The temporary sharp fall in the exchange rate helped the economy to remain stable during the financial crisis (Rahman, Shahbaz and Farooq 2015). Other factors include many economic reforms in industrial policies, which made the business sector more open and competitive. Due to labor market reforms, the market had increased flex ibility, which could adjust to the changing economic conditions without resulting large level of unemployment or unsustainable wages. Financial sector reforms have brought more capacity for meeting the financial needs of the country and have made the country more attractive to the foreign investors (Janda and Letts 2017). Hence, investment from domestic as well as foreign investors increased substantially. This has contributed significantly in raising the GDP level of the country. Level of demand in the economy increased as people had more money. Employment level increased, production increased and hence, GDP also increased. The government budget was highly improved too. Level of government debt decreased and Australia became one of the best positioned countries in the government finances. Through stable monetary policies the Australian government kept the inflation level low and made the economy stable. The economy is growing at the rate of 2% to 2.5% per year, which is however lower than the growth rate in the past (Glynn and Rogers 2017). Sector wise growth According to the Australian Industry Report, 2015, by the Australian government, (Dept of Industry, Innovation and Science), all the sectors, barring construction and manufacturing, experienced growth. The mining sector has seen a big change as output grew by 7.6% while employment fell by 15%, as seen in Figure 2. The major growth happened in information and media, accommodation and food services, tourism, financial and insurance and health care and social assistance sector, within the service industry. Even if the international economy is expanding with a very low oil price and low interest rate, the global growth is uneven. Fall in the Australian dollar during 2012-2013 has helped the domestic industries to raise their competitiveness in the international export market during this uneven growth (industry.gov.au, 2015). Figure 2: Growth in the output and employment by industry, 2014-2015 (Source: industry.gov.au 2015) Figure 3: Industry share of GDP (%), from 2004-05 to 2014-15 (Source: industry.gov.au 2015) From the above figure it can be seen that, the pattern of growth among the industries varied considerably. The percentage share of contribution in the GDP by the industries has changed in the last decade. This explains the magnitude and pattern of growth. It can be seen that, business services, social services, mining and construction grew more and contributed more in the GDP than the others, such as, manufacturing, personal services, utilities, agriculture, forestry and fishing (Ivanova 2014). Figure 4: Change in the composition of GDP, 2004-05 to 2014-15 (Source: industry.gov.au 2015) The above figure shows that the past decade also experienced the change in the composition of GDP in Australia. GDP is mainly comprised of household consumption expenditure, government expenditure, business investment and net export or trade (Yellishetty and Mudd 2014). In 2004-05, the main contribution came from the household, while during 2008-09, the household contribution fell sharply. Business investment level has increased significantly in 2011-12, but fell sharply in the immediate next period. The level of net export increased considerably in the year 2014-15. The Free Trade Agreements, economic liberalization and easy trade rules in the international market has contributed in the increase in trade (McCombie and Thirlwall 2016). The government spending was constrained by a tight fiscal environment, and hence, contribution has decreased. Figure 5: Measures of performance of the business, 2013 to 2015 (Source: industry.gov.au 2015) In figure 5, the measures of performance of the major industries have been depicted. The measures are classified as export markets targeted, total number of jobs, productivity and profitability. Thus, indirectly the influential factors for GDP are considered. In has been found that, advanced manufacturing, food and agribusiness and medical technologies are the most productive and profitable industries along with more jobs and export markets, which could contribute significantly in the GDP. Hence, the type of services is changing over time (Balcerowicz and Rzo?ca 2015). Figure 6: Growth in industry value added by services industry, 201314 to 201415 (Source: industry.gov.au 2015) The above figure shows the growth of the value added services within the service industry. The service sector has always been a reliable source of growth, with more than 60% contribution in GDP and more than 80% of employment. The growth of this sector was 2.3% in 2014-15 (Yang, Zhao and Yanagita 2017). It has been found that, Information, Media and Telecommunication, Accommodation and Food Services and Financial and Insurance services are the major sections of growth within the service sector (Cumming and Johan 2016). Conclusion Economic growth is very important for any nation, as it improves the living standard of people and lowers the unemployment level in the economy. In the past two decades, especially in the last 10 years, employment increased significantly. Hence, income per household has increased too. The rise in jobs was more than the rise in population. All the sectors were booming with jobs and opportunities. Over the past 10 years, the rate of unemployment fell to little more than 5% from 9%. Through the growth of the industries, the benefits are spread across the economy. For example, the growth in the gross state product in Western Australia was 4.5% and that in Queensland was 4.8% per year, while the average growth in the other states was in between 2.8% and 3.7%. This gap is explained by movement of population. Over time, more and more jobs were created in almost all the sectors, and Australia was able to achieve an almost even growth among all its states and territories. From the GDP of the nation, it can be seen that the country has been able to gain a stable position in the international economy. With a lower exchange rate, it made its currency cheaper in the international market. Demand for exports increased, which improved the domestic industry. As more jobs are created, people have more money to spend, thus demand for products has increased in both the domestic and international market. This led to a rise in the production of goods and services, resulting in a higher GDP as well as economic growth for the longest period of time. References Adema, W., Fron, P. and Ladaique, M., 2014. How much do OECD countries spend on social protection and how redistributive are their tax/benefit systems?.International Social Security Review,67(1), pp.1-25. Austrade.gov.au, 2017.Australia has experienced the longest period of economic growth in the developed world - Austrade. [online] Austrade.gov.au. Available at: https://www.austrade.gov.au/news/economic-analysis/australia-has-experienced-the-longest-economic-growth-among-major-developed-world [Accessed 20 Sep. 2017]. Bagshaw, E. and Massola, J., 2017.GDP: Australia grabs record for world's longest economic expansion. [online] The Sydney Morning Herald. Available at: https://www.smh.com.au/business/the-economy/gdp-australia-grabs-record-for-longest-time-without-a-recession-20170606-gwm0o2.html [Accessed 20 Sep. 2017]. Balcerowicz, L. and Rzo?ca, A., 2015.Puzzles of Economic Growth. World Bank Group. Battellino, R., 2013.Twenty Years of Economic Growth. [online] rba.gov.au. Available at: https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910-13.pdf [Accessed 20 Sep. 2017]. Cumming, D. and Johan, S., 2016. Ventures economic impact in Australia.The Journal of Technology Transfer,41(1), pp.25-59. Ghysels, E., 2016. Macroeconomics and the reality of mixed frequency data.Journal of Econometrics,193(2), pp.294-314. Glynn, J. and Rogers, D., 2017.Weak GDP fuels economy worries. [online] Theaustralian.com.au. Available at: https://www.theaustralian.com.au/business/economics/australia-gdp-grows-03pc-in-march-quarter-adding-to-concerns-about-economy/news-story/635491f846074e8001d867e077ba1e6b [Accessed 20 Sep. 2017]. industry.gov.au, 2015.Australian Industry Report. [online] industry.gov.au. Available at: https://www.industry.gov.au/Office-of-the-Chief-Economist/Publications/Documents/AIR2015.pdf [Accessed 20 Sep. 2017]. Ivanova, G., 2014. The mining industry in Queensland, Australia: Some regional development issues.Resources Policy,39, pp.101-114. Janda, M. and Letts, S., 2017.Australia's economic growth jumps, but is it sustainable?. [online] ABC News. Available at: https://www.abc.net.au/news/2017-09-06/gdp-economic-growth-abs-data-june-quarter-2017/8877618 [Accessed 20 Sep. 2017]. Mankiw, N.G., 2014.Principles of macroeconomics. Cengage Learning. McCombie, J. and Thirlwall, A.P., 2016.Economic growth and the balance-of-payments constraint. Springer. Rahman, M.M., Shahbaz, M. and Farooq, A., 2015. Financial development, international trade, and economic growth in Australia: new evidence from multivariate framework analysis.Journal of Asia-Pacific Business,16(1), pp.21-43. Rezai, A. and Stagl, S., 2016. Ecological macroeconomics: introduction and review.Ecological Economics,121, pp.181-185. Skynews.com, 2017. Australia breaks world economic growth record. [online] Available at: https://www.skynews.com.au/news/top-stories/2017/06/07/australia-breaks-world-economic-growth-record.html [Accessed 20 Sep. 2017]. Stiglitz, J.E. and Guzman, M. eds., 2016.Contemporary issues in macroeconomics: lessons from the crisis and beyond. Springer. World Bank, 2017. [online] Data.worldbank.org. Available at: https://data.worldbank.org/ [Accessed 20 Sep. 2017]. Yang, D., Zhao, Y. and Yanagita, T., 2017. A Frame Study of Correlation Analysis between Open Macroeconomics System and Container Throughput.Transportation Research Procedia,25, pp.2788-2800. Yellishetty, M. and Mudd, G.M., 2014. Substance flow analysis of steel and long term sustainability of iron ore resources in Australia, Brazil, China and India.Journal of cleaner production,84, pp.400-410.

Monday, April 13, 2020

Writing The Worst College Essay Topics

Writing The Worst College Essay TopicsThe first step to getting accepted for your first college is to write your best possible essay on the worst college essay topics available. There are a lot of reasons why writing about such topics would prove to be such a huge turn off for colleges that would consider you for acceptance. However, the good news is that by knowing what would be inappropriate, you will already know what topics to avoid in order to get accepted as soon as possible.Some of the most common misconceptions about this topic include; 'You should write about what you are really interested in,' 'It is okay to talk about what you have done previously, but make sure that you write about what you would like to do in the future,' and 'Many students use the subject as an excuse to show off.' Any of these statements could end up disqualifying you from your goal of getting into a top college. They all sound very negative, so in order to see if these assertions are true, just think of the topic as an opportunity to shine.No matter what the topic may be, the truth is that there are many things that are studied in higher education such as college itself, the nature of college and campus life, job satisfaction, internships, and experience. These are all things that you should discuss in your own essay. Just be sure that you go about presenting your ideas in a well thought out way.What you do not want to do is try to talk about topics that would cause colleges to classify you as one who is merely pretending to be knowledgeable on certain subjects. You should not just 'pretend' to be interested in certain subjects either. This would be seen as a major turn off for the colleges that would want to admit you. Rather, you should simply present what you know without being condescending to those that study subjects like this.In the meantime, the next time you would like to see if you would be accepted for admission into atop college, write down all of the things that you would need to mention in your own college application. The reason that you would want to do this is because colleges would not want to read just one piece of information about yourself. That is why you would want to make sure that you fill out a long-form admissions essay that contains as much information as possible regarding yourself and your academic history.When it comes to writing a different college essays, there are a lot of topics that you could try. Even if you were the type of student that avoided writing essays, that does not mean that you cannot write about any subject that you have learned. The fact is that many college admissions officers have been advised to allow more than one student to write about a particular topic so that they can see if one of them has sufficient knowledge to write about it.It is quite possible that you would have a lot of opinions on a topic and would prefer not to write anything about your least favorite subjects, so even if they happen to be in the topic area, you should still leave those out. Make sure that you tell the admissions officer about the topic and get the opinion of another student. Having another perspective is crucial when it comes to getting admitted into a top college.While it may be true that some students would rather pretend to know more about something than actually speak on it, there are still a lot of colleges that would not allow their students to use any fake facts in their college essays. That is why if you are reading this article, you are likely a bit confused as to what would be considered as 'the worst college essay topics.' If that is the case, then you should consider this and keep working on your application until you are finally admitted into a top college.