Thursday, December 26, 2019

Analysis Of The Article Legal Drugs Unlikely Foster...

In his article â€Å"Legal Drugs Unlikely to Foster Nation of Zombies,† Stephan Chapman presents a hypothetical situation where the use of illicit drugs is legalized by the government. This improbable situation of having a legalized system of distributing prohibited drugs would cause much chaos in the society, however, would it make clean living citizens go into a store and pick up some of these drugs? Not likely. The data from a survey by the Drug Policy Foundation reflects that only a few individuals agree that they would go for the drugs like marijuana and cocaine if they were legalized and able to have them openly. There are forms like statistical and convergent arguments that the author presents in this article to prove his point of a probable situation. At first Chapman does not limit his perspective to one side of criticizing the use of illegal drugs in society. Instead, he deals with this subject in a broad way. He argues over the fact that the use of these prohibited drugs costs the government a lot of money, police time and prison space and how in spite of taking several administrative steps, the government has suffered from a colossal failure in stopping the drug abuse. He provides the data in support of his argument which is direct and precise. Through the example of Bennett, he tries to convey the message that people are not willing to have the spread of drug abuse in citizenry. A survey was conducted asking people to respond to the following question: if illegal

Wednesday, December 18, 2019

The Impact of the Deficit Surplus and Debt of the United...

Discuss how and why the U.S.s deficit, surplus and debt have an effect on the following: Tax payers Future Social Security and Medicare users Unemployed individuals University of Phoenix student The United States financial reputation on an international level A domestic automotive manufacturing (exporter) An Italian clothing company (importer) GDP Trade deficit refers to the situation when the value of imports exceeds the value of exports. This is synonymous to surplus when the nation has a surplus of imported goods. The whole affects the income of the USA during that given period hence affecting the national debt. This, in turn, has a dribbling down effect on all related factors as explained in the following essay. The best situation for the USA is when its exports exceed its imports. In this scenario, the USA is kept busy producing goods that other countries are interested in and its GDP (or income) consequently rises. When imports, however, are greater than exports, the United States is said to have a balance of trade deficit and has surplus goods. In this situation, the USA is buying products (thereby giving of its money to another country) but not earning anything in return (since its level of exports is insignificant). When import exceeds that of export, the country may find itself in grave economic danger since the following three factors are affected: the output and income in the economy; the level of HYPERLINKShow MoreRelatedFiscal Policy Paper Eco3721409 Words   |  6 PagesThe United States deficit, surplus, and debt will always have an impact on taxpayers. In the state of high deficit the government seeks ways to cut and save money for debt payment. The government does this by pull ing funding from programs that have little government impact. Increasing taxes also supplies the government with extra income. In addition to the reduction or elimination of certain tax credits, the government analyzes school funding for cost effectiveness. Each step the government takesRead MoreFiscal Policy1119 Words   |  5 PagesFiscal Policy The United States impacts various policies not only at home but abroad. It has been a powerhouse for many years, and its strengths and weaknesses impact other countries. The deficit, surplus, and debt are three major areas influencing these policies. These three factors have a huge impact on many areas we will discuss. These include taxpayers, the future of Social Security and Medicare users, the unemployed, a University of Phoenix student, the United States’ financial reputationRead MoreThe Fiscal Policy and its Impact on the GDP Essay1109 Words   |  5 Pageshealth. In the United States, the President and Congress govern the financial and economic health of the nation. The United States employs the fiscal policy to monitor and make deliberate changes to escalate or slow down the country’s economy. The fiscal policy process occurs via changing government expenditures and taxes that have a direct impact on the nation’s Gross Domestic Product (GDP). Tax Payers Debt, deficits, and surpluses related to the government budget have a direct impact on tax payersRead MoreHow Do Government Deficits And Debt Affect U.s. Economic Welfare?1023 Words   |  5 Pagesis â€Å"How do government deficits and debt affect U.S. economic welfare?† The research question addressed by this article is how do deficit and debt effect interest rates? The article begins by showing the complexity of measuring these elements do to the business cycle and its effects on the variables. The author proposes the best way to measure deficit and debts effect on interest rates is to take future values for interest rates and the projected amounts of debt and deficit. This allows for the variablesRead MoreThe American Economy : Public Policy, National Deficit, Debt, And The National Debt Essay1136 Words   |  5 PagesThe United States economy is an incredibly complicated entity that is intricately tied to the government. In a time where the national debt is equals almost twenty trillion dollars, it’s important to understand both how the American economy works and the economic policies surrounding it. One of the first things to be acquainted with when studying the American economy is the term public policy. Public policy is defined as a â €Å"system of laws, regulatory measures, courses of action, and funding prioritiesRead MoreThe Trump Economic Pl Trade, Regulatory And Energy Policy Impacts, By Peter Navarro And Wilbur Ross Essay1440 Words   |  6 PagesI will be reviewing Donald Trump economic report, â€Å"Scoring the Trump Economic Plan: Trade, Regulatory and Energy Policy Impacts,† was written by Peter Navarro and Wilbur Ross. In addition to Jared Bernstein, â€Å"Dethrone ‘King Dollar,’† The New York Times, August 27, 2014. Neil Irwin, â€Å"The Trade Deficit Isn’t a Scorecard, and Cutting It Won’t Make America Great Again,† The New York Times, 3/27/2016 and Kenneth Rogoff, â€Å"Anti-Trade Rhetoric is a Recipe for Disaster,† The Boston Globe, 4/11/2016. Mr. NavarroRead MoreEco/372 International Trade and Finance Speech Essay1268 Words   |  6 PagesInternational trade are important aspects of economics. The United States macroeconomy’s health is determined by these concepts and their factors. International Trade Exports and imports are what encompass international trade balance. When there are more exports over imports a trade surplus happens and when there are more imports over exports a trade deficit happens. A country will acquire large quantities of foreign assets when it runs in a trade surplus so it can lend internationally to other countriesRead MoreFiscal Policy On Employment, Potential Gdp, And The Economic Growth Rate935 Words   |  4 PagesMacroeconomics Seventh Edition by Bade and Parkin, chapter sixteen is titled Fiscal Policy. There are three objects for the chapter. The first object is to be able to â€Å"describe the federal budget process and the history of tax revenues, outlays, deficits, and debts†. The second object is to â€Å"explain how fiscal stimulus is used to fight a recession†. The third objective is to â€Å"explain the supply-side effects of fiscal policy on employment, potential GDP, and the economic growth rate†. The federal budgetRead MoreThe Federal Budget Deficit1661 Words   |  7 Pagesï » ¿The Federal Budget Deficit Introduction The federal budget deficit is a much discussed and little understood subject in American politics. The current recession has dramatically decreased tax revenues, driving the United States federal government to increase spending in an attempt to stabilize the economy. As a result the current federal deficit is at over $1.3 trillion dollars. This is approximately $47,754 per U.S. citizen or $137,552 per U. S. taxpayer (U.S. Debt Clock: Real Time, 2012). Read MoreUnited States National Debt1438 Words   |  6 PagesUnited States’ National Debt The current economic event on the increase in the National government debt has become of interest to the public and the decision makers. This paper looks at the economic event as per Stephen Dinan’s article in The Washington Times dated on June 16, 2015, in regards to the impact of the increasing national debt to the general economic growth in America. The proportion of the United States National debt is increasing in comparison to the National GDP. It is evident from

Monday, December 9, 2019

Marketing Management Food Industry Packaging

Question: Discuss about the Marketing Management for Food Industry Packaging. Answer: Introduction Packaging and labeling of products has become one of the most important aspects of an organization. In food industry packaging plays key role for the business and its consumers as it saves the products from microbiological elements, chemical element and physical invasion. Appropriate packaging helps in the promotion and advertisement of products through attractive messages and information displays on the package. It also helps the customers to take decisions and it influences the perception of the customers[1]. Therefore, it also helps to understand the information and ingredients that is important for the customers as they are very much conscious about their health. But nowadays, complicated labeling makes confusion and frustration as they include different labels about which consumers are not aware of. Food labeling is deemed as the most vital source of sharing ingredients as well as information of goods and products being offered in the market. Main context Packaging and labeling considered as most important tool to attract more customers as well as influencing the purchasing decisions of the customers. Nowadays, consumers are very much concern about labeling and packaging that helps them to explore more information and purchasing decision. Large or small scale companies depend on different marketing strategies to promote their products[2]. Every single country is coming up with important rules and regulations and is trying to design laws related packaging and labeling in order to maintain environmental aspects. Consumers are demanding more convenient, environmental friendly, easy to open and low cost packaging for the goods in order to maintain the cost of the product. Marketing, conservation, production along with distribution of products and goods highly depend on right packaging of the products[3]. The Australian along with Sydney Morning Herald has released few cases that have induced the food regulatory boards as well as governmen t to take actions against the companies for misguiding the consumers by their false packaging and labeling, in order to help the consumers by making them aware about the details of the products. Serious cases have the consumers to realize the importance of packaging and labeling.. The contamination of the food determines how the life gets affected with making fake products and thereby the harming of the people takes place around the globe. It also determines the copying of the foods of the Australian brands with the Chinese companies and thereby the consideration of the foods is made[4]. The creation of the mixture of the Chinese companies helps in the creation of the goods that determines the fake products. It also henceforth helps in the determination of the diagrammatical representation of the important concerns that also links the health problems in Australia. Since obesity is the important health factor, thereby the refreshment and the modification of the strict laws that helps in the creation of the unethical works that focuses on the health concerns. Henceforth the creation of the strict laws is seemed to be requisite for the creation of the safety environment with the provision of quality food and thereby the health concerning issues must be focused in order to mitigate them. The issues regarding the food and mitigated with the help of the modification of the foods and thereby the Food chain describes the issues regarding the health concerns are mitigated[5]. The incidents released in media shows the wrong food chain and how they avoids the food ethics and thereby the ethical issues are raised regarding the food labels, packaging, incomplete information and the trust. The provision of this issues clearly indicates the enhancement of the unethical issues and the customers are also focused which helps in identifying the issues regarding the conduct of the unethical issues. It clearly manifests the Australian manifest and the production of the wrong materials also helps in the creation of the strict and the wrong deeds also helps in the creation of the wrong food labeling and thereby the production methods are seemed to be changed with the creation of the purchases system[6]. The production of the fresh food and the creation of the purchase help in the decrement of the issues regarding the food and the safety which thereby also helps in the creation of the food course with the seasonal maintenance. Packaging with the provision of the appropr iate website also helps in providing the correct information to the customers with the consideration of the guidelines for the customers. Appropriate certification also helps in leading the way of fake handling and mitigating the issues are very much appreciable by the public with the enhancement of the growth of the food industry. In this way the ethical labeling of the food seemed to be forming an important factor for the enhancement of the food factories enabling the ethical labeling of the food[7]. Therefore these ethical issues can be mitigated by the transforming factors and also it helps in the formation of the various personal and the health concern factors and also helps in indicating the values of the food labeling and ethical labeling. In todays business context, Leveling and packing is most important factors and playing vital role in the business growth and development of the company as it plays vital role in attracting the customers towards the products. Good packing and leveling attracts the customers so that they encourage buying the products, which improve the sales figure of the company. Labeling and packaging is considered to be one of the major role players as it help to throw light on the company ability to pursue or invade consumer buying ability[8]. Labeling and packaging is considered to be one of the vital roles in determining the overall growth of the company as it is very much considered to be a part of marketing for the company. The product packaging and labeling cost is considered to be vital as the overall cost of the product also get influenced by the amount of the cost included or levied on the company packaging cost. The packaging cost of the company and labeling cost of the company depend on t he amount of concentration and time an organization gives to the team of marketing. With the advent of globalization the consumer become more cautious and focused while buying a product. The company packaging and labeling should include certain key features which includes the overall key information which are required by the company falls under the guideline and code of conduct[9]. Globalization bring a enormous change in the buying aspect, as it drives the focus of the marketing team of the organization to a self service aspect which force the consumer to look for the most best suited product with key specific feature with additional other feature which forces them to go for the product. Labeling and packaging is used for physical protection where the product or the objects is covered or enclosed in the package which is required or needed the protection from the key mechanical shock, vibration or other keys aspect such as temperature or compression. Information transmission also considered to be of the most common uses which are included in the packaging[10]. Marketing is also considered to be one of the significant phenomena where the labeling and packaging plays a vital role which is used by the marketer to enhance and encourage the potential buyer to buy the product. Product graphics and physical appearance of the product plays a significant role in determi ne or providing developing area in the recent times. Convenience is one of the important uses of packaging and labeling as it helps to add the important feature which helps in the key distribution, sales, opening and overall ease of the disposal. Conclusion Barrier protection is considered to be one of the major roles in determine the overall wellness of the product. Security is one of the major reasons for the good packaging and labeling as it create a sense of awareness regarding the product and avoid the mis representation of the product which misleads the consumer regarding the product[11]. Piracy also stopped due to the packaging and labeling as it is now essential to provide a trademark of the company which will help to create a authenticity of the product in long run. Labeling, on the other hand helps to provide a carrier of key information about the product and their related service which is attached with the product label. Thus helps to provide the customer with key information to aid their purchase decision and also helps to improve the overall experience of utilizing the manufactured product. The key information that label consists of the arte the care and use of the production with key suggestion. The nutritional information along with product guarantees is also mentioned in the labeling of the product. References Albert, J,Innovations in food labelling. in , Rome, Food and Agriculture Organization of the United Nations, 2010. Bourke, L, "Proposed new Australian food labelling laws released following Hepatitis A scare". inThe Sydney Morning Herald, , 2015, https://www.smh.com.au/federal-politics/political-news/proposed-new-australian-food-labelling-laws-released-following-hepatitis-a-scare-20150608-ghjgtq.html Darren Gray, "Food label revamp will tell consumers where products originated, were processed and packed". inThe Age, , 2015, https://www.theage.com.au/victoria/food-label-revamp-will-tell-consumers-where-products-originated-were-processed-and-packed-20150227-13r4id.html Food labelling: canny consumers should search for the source, "What am I really eating?". inTheaustralian.com.au, , 2015, https://www.theaustralian.com.au/life/food-wine/foodlabelling-canny-consumers-should-search-for-thesource/news-story/b6c16b977dd12ceb6f2c67d2f0346e49 Han, J,Innovations in food packaging. in , London, Academic Press, 2014. Huggins-Cooper, L,Packaging.in , London, A. C. Black, 2006. Kaushik, U S Bhatnagar,Business studies. in , Jaipur, Aavishkar Publishers, 2008. Khetarpaul, N D Punia,Food packaging. in , New Delhi, Daya Publishing House, 2012. Kotler P Keller, K, Burton S, Marketing Management 2009. Munro, K, "Made in Australia: if only it was sown and grown here". inThe Sydney Morning Herald, , 2016, https://www.smh.com.au/national/made-in-australia-if-only-it-was-sown-and-grown-here-20100305-popu.html Parisi, S,Food packaging and food alterations. in , Shrewsbury, Smithers Rapra, 2012. Robertson, G,Food packaging. in , Boca Raton, FL, Taylor Francis/CRC Press, 2006.

Monday, December 2, 2019

Outsoursing Definition, Its Advantages and Disadvantages

Outsourcing refers to an act of transferring an organization’s business activities carried out locally to an external source. The need to improve on efficiency and reduce the operation costs has forced many organizations to specialize in specific businesses. As a result, many organizations have been able to outsource some of their activities previously carried out locally (Miller 1).Advertising We will write a custom research paper sample on Outsoursing Definition, Its Advantages and Disadvantages specifically for you for only $16.05 $11/page Learn More Currently, the increasing prevalence of outsourcing among local and international companies has attracted attention from business stakeholders and academia. According to some business experts, outsourcing is one of the oldest business ideas. Since the 1950s, outsourcing has improved over time from peripheral business activities to more critical business activities (Miller 1). More often, outsourcin g has forced companies to dismantle their traditional structures of organizations. Employees have been transferred to external suppliers leading to change of their terms and conditions (Miller 1). Through these initiatives, outsourcing has not only become very useful, but also developed into a complex issue among several organizations. In numerous organizations, outsourcing has opened new platforms for innovation changing on how tasks are done. For example, cloud computing is changing the manner in which developers test new applications (Fan 6). In the past, the process could take several weeks. Currently, the process takes a few minutes. This paper seeks to highlight the advantages and disadvantages of outsourcing to business organizations and government institutions. In developed countries such as the US, UK, and Germany, organizations and government institutions have increasingly outsourced their service related activities to the developing countries (Fan 4). As a result, outsour cing has attracted contrasting reactions from numerous organizations, business leaders, politicians, employees, and unions (Miller 1). For instance, business stakeholders consider outsourcing as a great tool to improve on business efficiency. On the contrary, unions consider outsourcing as a threat to employees’ terms and conditions. Advantages of outsourcing Business analysts argue that if outsourcing is managed and evaluated appropriately, it will equally benefit the providers and clients. As such, outsourcing has enabled companies to focus on core functions, save on costs, improve on their quality services, and increase their flexibility (Fan 4).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Based on transaction theory, every organization seeks to economize on its transaction costs. In this regard, outsourcing reduces transaction costs, in turn, reducing the size of the firm making it more productive. According to the economic advantage theory, outsourcing enables its providers, regardless of their geographical locations, to function more productively than their client firms do. Through this, the client firm will focus on what they do better than their competitors and their provider firm. Most of the outsourcing organizations have created networks of products and service providers specializing in their own distinct area of expertise. As a result, organizations have greater chances to improve their services through outsourcing since professionals will handle their services effectively (Fan 6). Another advantage of outsourcing is that it enables organizations to access world-class technology at lower rates (Rosenthal 1). Currently, the world market is experiencing numerous innovations and technologies. Consequently, it is becoming hard and costly for several companies to keep up with these new technologies. As a result, companies are opting to outso urce most of their activities to external companies with adequate resources and expertise (Fan 4). Organizations save on operation time and cost through such practices. Similarly, outsourcing organizations can have access to skilled work forces at reasonable prices. It is estimated that organizations spend many resources to recruit, train, and maintain their staff members (Fan 7). Organizations should adopt outsourcing as an alternative to reduce on these costs. According to economic experts, the initiative will not only reduce on their cost, but also improve on their productivity. For example, in the year 2003 Delta Airlines reduced its operating cost by 25 million by outsourcing more than 1000 jobs to Asian countries. In the United States, outsourcing has become a trend in most organizations (Rosenthal 1). Many corporations have resorted to outsourcing their customer services, telemarketing, IT positions, and other sales services to companies in developing countries. Through these , India and China have benefited greatly being the most preferred recipients. As a result, more jobs have been created in Indian and Chinese markets rather than in the American markets (Rosenthal 1). According to the current US business survey, most organizations in the US have greatly benefitted from outsourcing.Advertising We will write a custom research paper sample on Outsoursing Definition, Its Advantages and Disadvantages specifically for you for only $16.05 $11/page Learn More As a result, most business organizations interviewed during the survey were planning to outsource most of their services in the future. According to the research, 73% of the US based companies were planning to outsource some of their tasks while 22% were planning to outsource all their activities that do not fall under their core functions (Rosenthal 1). Most organizations interviewed, reported that they were able to focus their attention on core functions and save on opera tion costs through outsourcing. The research study indicated that most of these companies are not after outsourcing their services to cheapest providers, but rather to the providers that provide quality service within the allotted time. According to Pegasus Capital Advisors Company, outsourcing their entire human resource processes to ADP enabled the company to save on its time, and focus on its strategic tasks (Rosenthal 1). Disadvantages of outsourcing All business organizations operate in risks decision environments. This implies that all advantages stated in favor of outsourcing have probabilities of occurring. One major disadvantage of outsourcing to an organization is the loss of managerial control. When organizations outsource part of their task, they are allowing the outsourcing providers to take full control of these tasks (Rosenthal 1). As a result, companies may incur additional costs because there is no way for their managers to asses and control costs. For instance, som e outsourcing contracts allow providers to purchase items for their clients without approval. Consequently, the providers may leave their clients at risks of material cost escalations. Another major disadvantage of outsourcing is its negative implications on an organization’s human resource (Fan 6). Those who are against outsourcing assert that when some tasks in an organization are outsourced, employee morale drops remarkably. When parts of the employees’ tasks are outsourced, employees believe that they will eventually lose their jobs to the outsourcing providers. For this reason, employees will compromise on their productivity, loyalty, and trust, all of which are necessary for the growth of a healthy business. Equally, during the outsourcing procedures, organizational restructuring may result in dislocations and additional social costs for employees. In addition, an organization may earn a bad reputation when its employees lose their jobs to outsourcing providers. Through outsourcing, threats to security and confidentiality are eminent. Every business has secret information that keeps it running. By outsourcing part of their duties, these organizations share part of their information with outsourcing providers compromising on their privacy.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More For example, when organizations share their employees’ payroll, medical records, product formulas, and drawings there are higher chances of compromising on the organizations’ privacy. This implies that organizations must evaluate their outsourcing companies to ensure that their data is secure, and their contracts have penalty clauses in case privacy infringement occurs. In the year 2009, the state of Indiana and IBM sued each other over a failed outsourcing contract. Ten years before, the state had a signed a $1.34 billion contract with the computer firm. According to the state officials, the outsourcing provider, IBM, mishandled their welfare claims. Before the signing of the outsourcing contract, the state noted that its welfare claims were at 4.4 %. However, when the contract was awarded to IBM, the welfare claims climbed to 18.3%. Because of these unexpected results, the state sued IBM for non-performance. The states spokesperson claimed that IBM’s efforts w ere worthless. This example affirms that there are organizations that are disadvantaged by outsourcing. Conclusion In the US, government officials have been divided on the issues of outsourcing. Some of the government officials and politicians have heavily criticized organizations involved in outsourcing part of their services to foreign companies. According to these critics, outsourcing has increased the number of unemployed individuals in the US. On the other hand, those who support outsourcing argue that through outsourcing American firms can manage to compete with other international firms. In this regard, it is upon organizations to evaluate and adopt the best outsourcing companies to maximize on their profits since outsourcing has advantages and disadvantages (Fan 8). Works Cited Fan, Liang. â€Å"Outsourcing In Business .† Outsourcing Center. Version 2. Routledge, 9 July 2010. Web. Miller, Brandon . â€Å"The Effects of Outsourcing: Does it Hurt the American Workforce ? Yahoo! Voices – voices.yahoo.com.† Yahoo! Voices – voices.yahoo.com. Version 1. Yahoo, 17 Sept. 2009. Web. Rosenthal, Beth. â€Å"How a Money Management Firm Benefited from Outsourcing Its HR to a PEO | Article | Outsourcing Center.† Outsourcing Center – The Resource for Actionable Business Insight . Version 1. No Publisher, 4 Jan. 2004. Web. http://www.outsourcing-center.com/how-a-money-management-firm-benefited-from-outsourcing-its-hr-to-a-peo-article/. This research paper on Outsoursing Definition, Its Advantages and Disadvantages was written and submitted by user Memphis Obrien 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.