Monday, December 23, 2019

How Supply And Demand Affects Pricing - 1022 Words

Introduction Easy Accounting, LLC is a web-based accounting service business for small companies. Easy Accounting employs CPAs, and the company performs accounting functions by offering different sized packages based on unique company needs. For easier recruiting, the company headquarters are located in Boston, MA., where a large population of quality CPAs live, to recruit for Easy Accounting, LLC. Legal Form of Business Ownership Easy Accounting, LLC is a Limited Liability Corporation (LLC), because this type of business ownership provides the advantages beyond that of a sole proprietorship; members are not held personally liable for the company’s debts or liabilities like a corporation, and at the same time not requiring a†¦show more content†¦In order to gain clients, the executives of Easy Accounting will make at least 3 on-site visits per week to companies in order to increase awareness of the company, and build client relationships. As Easy Accounting’s reputation grows, the company expects their profits to increase. A long term goals would be expanding the staff to cover east and west time zones. This would give 12 hours a day access for their clients. The strengths of the company would be offering 12 hours a day service, with low overhead due to remote workers, at a low cost to clients. A possible weakness is the difficulty of creating â€Å"stickiness† with clients due to minimal face-to-face interactions, other companies outsourcing to other countries for a lower cost, and lack of reputation in the early years of the company. Threats are clients not having trust in secure online services. Another threat is the difficulty of recruiting employees, because established competitors can offer higher pay. Employees will work remote from their home and may not be disciplined enough to work without direct supervision. The largest threat may be keeping the quality employees they do recruit. Finally, start-up companies find it hard to survive due to not have a strong reputation in the industry. Opportunities for the company include inexpensive advertising on the web, very low overhead, and using previous relationships with past clients in past accounting employment. Management Functions To reachShow MoreRelatedApplying Supply and Demand Concepts1027 Words   |  5 PagesApplying Supply and Demand Concepts David Hodge ECO 365 April 29, 2013 Robert Watson Applying Supply and Demand Concepts The supply and demand simulation was a very helpful tool in understanding the effects of external factors on the supply and demand curves. Understanding this concept is fundamental in preparing for real life situations. I personally enjoyed the fact that the simulation was based on a real estate management company. I was able to understand and relate to the informationRead MoreHow Pricing Affects Consumer Purchasing1376 Words   |  6 PagesDiscuss how pricing affects consumer purchasing, particularly the purchasing trends of individual households. Describe how supply and demand, the market structure and the labor market affect pricing. Take into account the effect that advertising has on how much individuals are willing to pay for an item. Consider addressing the challenges that small businesses face when competing with larger companies. Numerous price approaches can be seen all over the place in the contemporary society. WheneverRead MoreMarket structure of bp1205 Words   |  5 Pagesï » ¿Market structure : there are a number of different buyers and sellers in the marketplace. This means that we have competition in the market, which allows price to change in response to changes in supply and demand. Furthermore, for almost every product there are substitutes, so if one product becomes too expensive, a buyer can choose a cheaper substitute instead. In a market with many buyers and sellers, both the consumer and the supplier have equal ability to influence price. In some industriesRead MoreSupply and Demand Simulation819 Words   |  4 PagesSupply and Demand Simulation A simulation was conducted to understand supply and demand when renting out apartment homes. This paper will briefly explain two microeconomics and two macroeconomics principles, it will include one shift of the supply curve and demand curve in the simulation. For each of the shifts the affect of the equilibrium price, quantity, and decision making will be analyzed. A description of supply and demand from the simulation and how to apply it in the workplace is includedRead MoreAirline Ticket Prices Is The Foundation Of All Economic Ventures Essay987 Words   |  4 PagesSupply and demand, together, are the foundation of all economic ventures. Airline ticket prices are determined by the demand for travelers and the marginal cost of filling the seats; thus generating supply. The interception of supply and demand is where business is generated. This interception of the airlines pricing curves is indicated at their equilibrium point – where there’s neither a surplus n or a shortage. Why can an airline ticket from Casper, Wyoming to Denver, Colorado, and from Denver,Read MoreEssay about Eco 365 Week 1692 Words   |  3 Pagesmost important to everyone around us regarding the pricing for gasoline at the pumps. This is a topic that concerns most people on this planet, why are the prices for gasoline so high and is it regarding the greed of oil producing companies to continue to keep rising the gasoline prices as high as possible. We will discuss the many reasons why these fluctuating pricing keeps occurring within our world market. We will use the retail gasoline pricing between the years of 2000 to 2007 to research thisRead MoreEconomics Affects Our Daily Life1576 Words   |  7 PagesIntroduction Economics affects our daily life. Economics is the social science, which inspects how individuals allocate limited resources in order to satisfy their various desires. Different aspects of economy analyzes and studies production, factors of production, demand and supply analysis, consumption, distribution, market structure etc. Question 1 Economics can be classified into two main branches, which are macroeconomics and microeconomics. Macroeconomics refers to study of economic aggregatesRead MorePricing Strategies : Wal Mart Become The World s Largest Retail Chain1069 Words   |  5 PagesIntroduction on Pricing Strategies As we all think at times and ask ourselves, how did Wal-Mart become the world’s largest retail chain? Or why is Apple the most valuable technology company even with high priced products? First companies have to understand their market and strategies according to its demand and income level, regardless of whether they intend to offer their products at a low-price or high price. What do you think of when you hear the words â€Å"Pricing Strategy†? One of the four majorRead MoreMicroeconomics and the Laws of Supply and Demand Essay703 Words   |  3 Pagesï » ¿ Microeconomics and the Laws of Supply and Demand ECO/365 Principles of Microeconomics August 18, 2014 Sam Pirnazar Microeconomics and the Laws of Supply and Demand Abstract The objective of the laws and the supply and demand simulation is to apply the supply and demand concepts to provide a better understanding on how to use the curves in order to figure out the equilibrium in the market for leasing two bedroom apartments. The simulationRead Moreeco/365 week 2 individual1293 Words   |  6 Pagesï » ¿ Supply and Demand Simulation ECO 365 Supply and Demand Simulation The Supply and Demand simulation was reviewed on the student website demonstrated the concepts of the concepts of microeconomics and macroeconomics. The principles of microeconomics and macroeconomics were explained and applied throughout the simulation demonstrate the rationale for the shifts in the supply and demand curve. Each shift is analyzed showing the effects of the equilibrium

Sunday, December 15, 2019

Self Awareness as a Component of Emotional Intelligence Free Essays

I came to understand self awareness as recognition of our personality, our strengths and weaknesses, our likes and dislikes. Our ability to know ourselves inside out gives us media to be proactive, we know our weaknesses which naturally make us reactive but by being able to identify them, we can work on them and incorporate proactiveness in our dealings. Self awareness which is a personal competence is different from the other of its kind called â€Å"self regulation† because the latter has to do with self control, trustworthiness, conscientiousness, adaptability and innovativeness. We will write a custom essay sample on Self Awareness as a Component of Emotional Intelligence or any similar topic only for you Order Now Also it differs from the social competences which include empathy and social skill, while empathy is about developing others, being service orientated and cross cultural sensitivity. Social skill cuts across the ability to make influence, conflict management, cooperation and team work. Often times our self awareness can be a pre-requisite for effective communication, building relationships as well as developing empathy for others, thus making â€Å"self awareness† the main pillar amongst the components of emotional intelligence. A person with excellent self awareness can discover that his ability to relate and communicate in the proper way with people in the morning is never the best; this is because he makes rude and derogatory statements without actually weighing it properly in his mind. Fully acknowledging this, he will be proactive by seeking solutions. The solution can either be scheduling the time he really meet people to be at a time he is fully conscious with his brain working efficiently. He can also deal with the root cause of why he pisses people off in the morning. In improving your self awareness, it is important to note the following, although self awareness can be in-born, it could also be learnt, the process of learning requires time, motivation to change, persistent practice and feed back. This is because no success can be achieved in life without desire and effort. The first skill to learn in developing self awareness is to â€Å"recognize and manage your emotion† it is important to be aware of your emotions and how they influence your thoughts and actions. This is because even if we deny them, we can’t eliminate them, they are still there whether we are aware of them or not. Unfortunately without self awareness we are not able to fully understand our own motivations and needs or to communicate effectively with others. The second skill to learn is â€Å"rapidly reducing stress†. When we’re under high levels of stress, rational thinking and decision making go out of the window. Being able to manage stress in the moment is the key to resilience. Self awareness helps us stay focused and in control-no matter what challenges you face. The third skill to learn is how to use humour to deal with challenges and conflicts, a good sense of humour is an antidote to difficulties. They lighten our burden and help us keep things in perspective. The belief that learning emotional intelligence was learnt in group is false, rather an individual approach with the help of a coach should be employed. Also the neuro-transmitters of the limbic system and not the neocortex should be targeted when learning, finally it should be known that self awareness can not be learnt by mere reading about it without dedicated practical efforts. How to cite Self Awareness as a Component of Emotional Intelligence, Papers

Saturday, December 7, 2019

The monster and Victor Essay Example For Students

The monster and Victor Essay When Victor created the monster his dreams were destroyed when he saw the result. Victor had ignored the science of his ideas and concentrated on what he believed could happen: the beauty of my dream vanished and breathless horror and disgust filled my heart Shelley here subtly makes a social comment about the Romantic period; Victors dream was destroyed because he had ignored his studies. Shellys life was very lonely; the monster had a lonely life because he was abandoned. Shelley often felt this because her father did not have time for her. She creates a narrative that reflects her own life and experiences and uses the monster and Victor as metaphors for her life, sometimes she identifies with Victor and sometimes with the monster. Shelley also uses three adjectives here to create sympathy for the monster. By discarding the creature Victor fails to show any human qualities. The monster, however, shows many human qualities throughout the story such as kindness and compassion. When the monster is hiding at the cottage he steals food: but when I found that in doing this I inflicted pain on the cottagers, I abstained and satisfied myself with berries, nuts and roots. As soon as he realises that he has upset them, he stops and even repays them by chopping their firewood. By these actions, the monster shows compassion. Although he is not human, he shows human qualities. However Victor fails to show compassion, he left his family when they were still grieving and abandoned the monster because of his appearance. After the monster kills William, he feels guilty: I gazed on my victim, and my heart swelled with exultation and hellish triumph The use of words hellish triumph tells the reader that even though the monster achieved his goals of revenge, he knew what he had done was wrong and he felt terrible. Again, at this point in the novel is showing more human characteristics than Victor: guilt and remorse. Shelley has created the monsters character to be more human than Victor, perhaps identifying more with monster than Victor in relation to their characters. When the monster asks for a female companion, Victor refuses to make him one, despite getting married himself. Sexism plays a vital role throughout the story; Victor thinking that women are less superior to men: With his permission my mother Shelley may have experienced times in her life where she had had to ask men for permission to do things. The monster does not think the same way as Victor does; he believes that woman should be seen as an equal. Shelley uses the monster here to express her ideas or Romanticism and dreams, that woman would be seen as an equal. Victor and the monster are used as metaphors here, Victor to relate how men did look at women at the time and the monster for the way Shelley wished they could be judged. Shelley uses them to relate her point of view; that women are equal. The monster wishes for a female companion because he believes they are equal.