Drug Abuse And Its Effects - 1391 Words

1. Introduction: Drug abuse is a serious issue in today’s society. Drug abuse is a pattern of using a substance (drug) that leads to a serious problems or distress. 7% of people experience drug abuse one point of their lives. Drug use doesn’t automatically lead to drug abuse, it depends on how much you use. There is no specific level to were drug using moves from casual to becoming a serious problem. 2. Types of drugs/what are they: There are three main types of drugs that people use and they can lead into drug abuse. There are stimulant drugs, depressant drugs and hallucinogens. These drugs are very different to each other and give different affects to users. Stimulant drugs are psychoactive drugs that include temporary improvements in mental or physical functions. This drug increases alertness and energy and is the most commonly used street drug that includes cocaine and amphetamines. Prescription stimulant drugs come in tablets or capsules. Stimulant drugs can be swallowed, injected in liquid or crushed and snorted. Depressant drugs slow down the normal function of the central nervous system. Many people use depressant drugs for medical reasons to help them relax muscles, calm nerves and for sleeping problems. Hallucinogen drugs interfere with the brain and nervous system. Random images, sounds and sensations will be experienced but will not exist. LSD, magic mushrooms and ketamine are only a few of this type of drugs. 2.1 The Affects: Stimulant drugs: shortShow MoreRelatedEffects Of Drug Abuse905 Words   |  4 Pagesfocusing about drug abuse, in terms of how it affects the body and the sufferer’s life around them, what factors make you more susceptible to drug abuse and what advice and support groups available to help those suffering from drug abuse, and eventually hope to meet my aim of raising awareness of the issue of drug abuse and the support groups in the local area -Aberdeenshire-. The report was requested by lecturer Antony Togneri at Nescol College by the 17th November 2017. What are Drug: Drugs are substancesRead MoreDrug Abuse And Its Effects1701 Words   |  7 PagesDrug abuse has been an issue since before the 20th century. Various artists, such as Elvis Presley and the Rolling Stones were addicted to drugs in the 1960s and 1970s. Today, in the 21st century, substance abuse is more common. Drug abuse can affect people in various aspects of life. In the following paragraphs you will read about circumstances that lead to drug abuse, how the environment that one lives in can promote drug use, how drug abuse affects people in different stages of their livesRead MoreDrug Abuse And Its Effects904 Words   |  4 Pagesafter for the simple fact that they work and provide long term effects for the patients in most cases. In regards to drug treatment programs, we have a lot of work to do. In reality, the ideal thing would be to start from scratch and move on, but that is not reality. Something needs to be done and fast or the issue will only get worse. Dr ug abuse has a stigma that follows it and this stigma is not good. It s very negative. People label drug users/abuser very negatively and this is not motivating forRead MoreDrug Abuse And Its Effects1907 Words   |  8 Pageshave been many drugs created over the years to help lessen or diminish sicknesses. However, there are people that have abused these drugs to reach a certain high and this is considered abuse. The people that do this could do it out of boredom or curiosity. Some may even feel that it will help them escape from the problems that they are faced with or fill a void in their life. No matter what the reasoning is for them the outcome remains the same. The body becomes used to the drugs they are abusingRead MoreDrug Abuse Effects1320 Words   |  6 PagesDrug abuse is a major public health issue that impacts society both directly and indirectly; every person, every community is somehow affected by drug abuse and addiction and this economic burden is not exclusive t o those who use substance, it inevitably impacts those who dont. Drugs impact our society in various ways including but not limited to lost earnings, health care expenditures, costs associated with crime, accidents, and deaths. The use of licit or illicit drugs long term, causes millionsRead MoreDrug Abuse And Its Effects1391 Words   |  6 Pages1. Introduction: Drug abuse is a serious issue in today’s society. Drug abuse is a pattern of using a substance (drug) that leads to a serious problems or distress. 7% of people experience drug abuse one point of their lives. Drug use doesn’t automatically lead to drug abuse, it depends on how much you use. There is no specific level to were drug using moves from casual to becoming a serious problem. 2. Types of drugs/what are they: There are three main types of drugs that people use and theyRead MoreThe Effects Of Drug Abuse On Society Essay1136 Words   |  5 Pageshave all felt the effects of drug abuse. In other words, whether it affects an individual directly or indirectly every person has seen or felt the negative effects of drug abuse in our society. The ultimate question, is why does such an abounding amount of Americans abuse illicit drugs, and how does it affect us as a nation? Moreover, something such as this doesn t occur for without a distinct cause, there must be something occurring in our society that creates these illicit drug abusers. CorrespondinglyRead MorePrescription Drug Abuse And Its Effects952 Words   |  4 Pagesâ€Å"Prescription drug abuse is the use of a medication without a prescription, in a way other than as prescribed, or for the experience or feelings elicited.† Prescription Drugs are ranked number two in drugs abused (Volkow 7). The most common prescription drugs abused are opioids, central nervous system depressants, and stimulants. Opioids were meant to treat pain. CNS depressants are meant to treat sleep disorders and anxiety. Stimulants treat sleep disorders, narcolepsy and ADHD (unknown 8) WhatRead MoreThe Effects Of Drug Abuse On Adolescents957 Words   |  4 Pageslead adolescents into addiction or drug abuse. Research shows that teenagers are at increased risk of poor mental health, antisocial behavior and risk-taking behavior such as substance misuse (Raising Children Network, 2014). Drug abuse can be the abuse of any drugs without necessarily becoming dependent on the other hand drug addiction is the inability to stop using the drug whereas it becomes a cyclic dependency that takes over the individual life. Drug abuse is a voluntary action that can laterRead MoreThe Effects Of Drug Abuse On America1350 Words   |  6 PagesDrug abuse in America is evidently a huge problem, yet remains to be mis understood by many people. Elizabeth Foy Larsen writes a strong, informative article about a young woman named Brittany who has fallen to drug abuse. Brittany was a drug free, well rounded student with great potential just like many other young adults in America. However, one occasion flipped her life completely upside down. She had gotten her wisdom teeth removed and received prescription medication to reduce her pain. She soon

Gender in the importance of being earnest Essay examples

To what extent is gender the main comic creator in the play of ‘The Importance of being Earnest’? Comedy originated in the 6th century BC in ancient Greece at the Dionysian festival. Comedy was first designed to provoke laughter and to entertain the audience. The ancient Greeks used the word comedy to describe a play with a happy ending much the same as the play the ‘Importance of being Earnest’. The play uses elements of old comedy for example; it is a satire of the Victorian era that is most importantly applied through the use of gender and role reversal (ridicule to expose traditional gender value) it also weaves in strands of new comedy, where young lovers typically undergo endless vicissitudes. ‘The importance of being Earnest’ is†¦show more content†¦Lady Bracknell also comments on education â€Å"education produces no effect† this shows that she is still a woman of Victorian society as women at the time wouldn’t of had as many right to education as men would have done, this is rather ironic as she is playing out a male rol e. Moreover Lady Bracknell makes a remark on voting an politics â€Å"oh they count as Tories they dine with us or come in the evening† this shows off her masculinity as women at the time did not have the right to vote, this makes her seem as though she is putting on a facade; pretending to know of politics, and to exercise her power, again this creates comedy as women had very little power, so it is completely absurd. Gender and role reversal also creates comedy through more characters that just Lady Bracknell. When Algernon proposes to Cecily and she replies with â€Å"we have been engaged for the past three months† Cecily then proceeds to tell him; Algernon completely complaisant in this part of the act, about their fantasy love affair, whilst he was in London entirely unaware of the situation. This creates comedy because again it is a female dominating a male character and announcing their engagement, when it is traditionally a man’s role to propose, and the absurdity and unlikelihood of the situation. Gwendolen illustrates that men posses many female traits â€Å"and certainly once a man begins toShow MoreRelated Gender In A Doll’s House And The Importance Of Being Earnest2015 Words   |  9 PagesGender In ‘A Doll’s House’ And ‘The Importance Of Being Earnest’ A Doll’s House and The Importance of Being Earnest were both written in the late nineteenth century at a period in time when gender roles in society were not only significant to the structure of society but were restrictive and oppressive to individuals. This was particularly true in the case of women who were seen as the upholders of morals in polite society and were expected to behave accordingly. A Doll’s House and The ImportanceRead MoreEssay on Gender and Consistency in The Importance of Being Earnest1819 Words   |  8 PagesThe Importance of Being Earnest is regarded as one of the most successful plays written by Oscar Wilde, a great 19th century playwright. Oscar Wilde deals with something unique about his contemporary age in this drama. It addresses Victorian social issues, French theatre, farce, social drama and melodrama. All these factors influenced the structure of the play in a large scale. This play is basically a Victorian satirical drama showcasing the social, political, economic and religious structural changesRead MoreCompare and Contrast How Gender Roles Are Presented in the Importance of Being Earnest and a Doll’s House in Light of Ibsen’s Statement That â€Å"There Are Two Kinds of Moral Laws, Two Kinds of Conscience, One for Men and1252 Words   |  6 PagesCompare and contrast how gender roles are presented in The Importance of Being Earnest and a Doll’s House in light of Ibsen’s statement that â€Å"there are two kinds of moral laws, two kinds of conscience, one for men and one quite different, for women.† According to Ibsen’s statement, he states that moral laws are divided into two, one for women and the other for men. He’s claiming that the â€Å"moral laws† that society has implanted has double standards. Ibsen and Wilde present gender roles through moralityRead MoreSatire in â€Å"The Importance of Being Earnest† by Oscar Wilde Essay example716 Words   |  3 Pagespiece of work that is designed to ridicule or tease a group or organization, generally for the purpose of being humorous. â€Å"The Importance of Being Earnest,† a play by Oscar Wilde, is a satire, ridiculing class, gender, and marriage. This essay will describe some points from each of these sections, as well as give a brief synopsis of the play these examples come from. The Importance of being Earnest includes three acts, with seven major characters. In act one, we start with a conversation between JackRead MoreThe Importance of Being Earnest by Oscar Wilde1107 Words   |  4 PagesThe Importance of Being Earnest Oscar Wilde’s comedy, The importance of Being Earnest, is a farcical critique of contemporary societal attitudes towards social institutions. The play is centered on the importance of the protagonists being called Earnest without actually being earnest. The Paradoxical structure of the play combines trivial situations with formal language to complicity ridicule traditional standards on issues like marriage and social class. These expectations are deemed meaningfulRead MoreThe Effects Of Victorian Society s Unrealistic Expectations Of The Individual887 Words   |  4 PagesThis source is an essay examining how Wilde shows â€Å"the impact of Victorian society’s unrealistic expectations of the individual† in both The Importance of Being Earnest and The Picture of Dorian Gray. In the article, she talks about gender roles and societal expectations along with the ways characters in the play conform to or reject them. Although the essay is written by a student at McKe ndree University, the writing is not difficult to understand. This essay is well-documented and seems unbiasedRead MoreThe Importance of Being Earnest Essay1439 Words   |  6 PagesA Trivial Comedy for Serious People Oscar Wilde mocked his audience while he entertained them. Perhaps his most loved and well-known work, The Importance of Being Earnest, satirises the manners and affections of the upper-class Victorian society. Satire is a literary tone used to ridicule or make fun of human vice or weakness, usually with the intent of changing or correcting the subject of the satirical attack. The play focuses on the elite, while making fun of the ludicrousness and extremityRead MoreThe Twelfth Night, By Oscar Wilde1158 Words   |  5 Pagesnaturally produces standards, that people are preferred to follow. Gender, arguably is basis from which all following norms branch from. Pierre Bourdieu writes in his boot â€Å"Masculine Domination†, â€Å"The social world constructs the body as a sexually defined reality and is the depository of sexual defining principles of vision and division† (Pierre 11). These divisions produce gender roles that are based on the patriarchy. Traditionally, ge nder roles states that men are the leaders in society and the familyRead MoreWildes Use of Binary Opposites Is the Key Comedic Element in the Impoprtance of Being Earnest. to What Extent Do You Agree with This View?1615 Words   |  7 PagesWilde’s use of binary oppositions is the key comedic element in the Importance of Being Earnest. To what extent do you agree with this view? Throughout the play, Oscar Wilde portrays several binary opposites using the characters and themes of the play, such as the town and country, class, age, gender and morals. However I don’t think that the binary opposites are the main source of comedy in the play. The reason I find it comical is from the fact that the play is a comedy of manners as well as Wilde’sRead MoreGender and Class in Oscar Wildes Play1575 Words   |  6 PagesGender and Class in Oscar Wilde’s Play A Marxist critic uses an approach that treats literary texts as material products describing them in broadly historical terms. In Marxist criticism, the text is viewed in terms of its production and consumption, as a product of work that does identifiable cultural work of its own (Chaucer, 297). Gender, is in other words, a construct, an effect of language, culture and its institutions (Austen, 427). Many gender critics are interested in how a culture constructs

Microeconomics Externalities, Market Power Assignment Free Essays

string(242) " structure of costs in retail grocery industry is important for understanding the profitability of firms\? For large scale companies like Coles and Woolworths to be profitable the amount of fixed costs needs to balance with the sales volume\." Introductory* Micro*economics 316-102 *Sem 1*,2010 Assignment 2: Genevieve Blanch QUESTION 1. Externalities in this situation exist where the Government, Country or Private Organisation decides to launch a new satellite causing costs and benefits to other members of society which do not impact on the G,C or PO. Such externalities include: NEGATIVE (Costs to other members of society) Hazard to the useful working satellites that surround Earth. We will write a custom essay sample on Microeconomics Externalities, Market Power Assignment or any similar topic only for you Order Now Threat to our dependence for communications, broadcasting and surveillance. Debris from one collision causing a second, which creates still more debris and collisions. A socially optimal outcomes occurs when then the social maximal benefit equals social marginal cost meaning the surplus to society is maximized. At the same time efficient market equilibrium is needed where the private marginal benefit (PMB) equals Private marginal cost (PMC). {draw:line} {draw:line} {draw:line} SMC=PMC {draw:line} {draw:line} SMB=PMB Q* For each active satellite a certain amount of debris is released into space. Because the debris is a hazard to other working satellites it is considered a negative externality. Due to this negative externality in production, the social cost (SMC) of producing active satellites exceeds the private cost (PMC). This means the socially desirable number of active satellites, Q optimum, is smaller than the equilibrium quantity Q* (As seen below). Graph: Debris and the social optimum {draw:line} * {draw:line} * SMC {draw:line} {draw:line} * *Price of satellites. {draw:line} (Demand) PMC * {draw:line} {draw:line} * Optimum {draw:line} (Supply) PMB=SMB {draw:line} Q optimum* *Q * * *Q=No. of satellites launched We could conclude from the article that the socially optimal outcome is not being achieved due to the negative externalities. b) The article suggests as solution*s* to achieve socially optimal amou*nt of space debris* to: Create â€Å"International civil satellite-awareness system†. â€Å"Countries should comply with international guidelines to minimize the amount of debris created by launches† A moratorium on debris-creating anti-satellite tests Satellite launchers buying insurance. By agreeing to the policies the main aim would be to ‘internalize the externality’. Meaning the satellite producers taking into account the social costs and benefits of their decisions. The first policy would work by increasing the awareness of the problem of debris in space and therefore giving an incentive for producers to think twice on a moral level before producing the satellites. If this worked the PMC would decrease in quantity to meet the optimum at SMC. The second policy would work by governments implementing a tax which will equate PMC and SMC. By putting a tax on a certain amount of debris released through launches the SMC is forced to meet PMC, and has low cost to society. This tax should give producers of active satellites and the launches an economic incentive to reduce the amount of debris being released into space. Another option from the second policy would be to regulate the quantity of satellites being launched or to regulate the quantity of debris being released. This could involve the government telling the producers of satellites to reduce the quantity of satellites launches or debris being released. The third policy would work by the government placing a ban on all anti-satellite tests which are heavy releasers of debris. Banning one type of satellite would reduce the overall amount of satellites launched causing the PMC to approach the social optimum. The fourth policy would works by the insurance acting like a tax. Buying insurance acts like a tax that will increase PMC to social optimum. . c) The free rider problem: The free rider problem in the article is where the ‘orbit is open to anyone with a launch-rocket handy’, therefore some countries may improve their own well being by ‘bearing the costs of wellbeing’ while leaving other countries to pay for the debris, and causing those ‘bearing the costs’ to ‘reap the benefits’. The free rider problem comes from the fact that a public good is â€Å"non-excludable†. It’s when decision makers own well being can be improved by making others pay for the good. Satellite launches are public goods because they are neither excludable nor rivalrous in consumption. People cannot be prevented from using a satellite launcher and one persons use does not reduce another persons use of it. Solutions: Government supplies satellite launches. The government takes over as supplier of satellite launches. They must calculate the SMB and SMC deciding on an efficient quantity, keeping in mind the willingness to pay of satellite launch consumers. Then, using the Lindahl tax the government could finance provision of the satellite launchers by asking consumers with higher revenue to pay more. This means that consumers share of the Social marginal benefit is multiplied by the cost of the launcher. (SMB x Cost=Lindahl tax). The government provides increased incentive to supply clean satellite launchers by assigning property rights. Involves assigning ownership of launchers to certain suppliers who can charge other consumers for using the launchers. QUESTION 2: Relative importance of fixed costs and variable costs in the retail grocery industry? A key part of knowing how much to produce to be profitable comes from how the costs will vary with the level of production. In a large scale firm like coles and Woolworths, it is necessary to produce large quantities. The average fixed costs will decrease as the quantity produced increases. Eg. Say we are looking at labour as a fixed cost. As volume of foods produced increases, there is a diminishing marginal cost of labour as the increase in total cost that arises from extra units of food produced is gradually getting smaller. If both variable costs and average costs are kept to a minimum the total cost will be most profitable. By keeping the fixed costs down using methods of productivity improvement such as electronic self service, the Average fixed cost will be at a minimum causing the average total cost to be at a minimum therefore cost saving. Variable costs are inevitably going to rise with the increase in quantity of sales, however with the total revenue should still outweigh the total costs if the fixed costs are kept at a minimum and the sales volume kept high. {draw:line} ATC AVC AFC {draw:line} Small quantity Large quantity Why structure of costs in retail grocery industry is important for understanding the profitability of firms? For large scale companies like Coles and Woolworths to be profitable the amount of fixed costs needs to balance with the sales volume. You read "Microeconomics Externalities, Market Power Assignment" in category "Papers" These companies are forever trying to maximize their profits; a good strategy to do this is by focusing on cost savings rather than cutting costs. By cost saving, the retail grocers will invest to gain productivity, therefore becoming more efficient and offering the customers more. Eventually in the cycle sales growth increases therefore expanding the profitability. Investing to gain productivity will bring the fixed costs down in the long run and as a result produce a smart distribution chain. If Coles/woolworths has a high fixed cost and the sale volume is decreasing, the company’s profitability will be difficult to maintain hence a high fixed cost must have large sales volume. QUESTION 3: a) Why private schools would want to increase school fees in response to an increase in teacher *saleries*? If we assume that demand for private school remains the same but the schools costs increase we can examine what will happen to profit using MB/MC rule. draw:line} {draw:line} {draw:line} {draw:line} $ MC $ MC {draw:line} {draw:line} {draw:line} {draw:custom-shape} {draw:line} {draw:custom-shape} {draw:line} {draw:line} Price * ATC* ATC {draw:line} * * D {draw:line} ATC D MR {draw:line} {draw:line} MR q q No increase in teacher salaries Increase in teacher salaries Profit equals the Price minus average total cost X the quantity. If the teachersâ €™ salaries increase, this will cause the Average total cost(ATC) to increase causing the firms overall costs to increase. Therefore the profit being derived from the Price minus the newly high ATC multiplied by the quantity the total profit, will result in the school receiving less profit. By increasing the price of school fees, the increase in costs is equalised by the increase in price, therefore, with a higher price, the profit of the school will remain the same. â€Å"With the impact of the economic downturn tempering fee rises Here we assume the demand will change with the impact of the economic downturn however we will assume that costs remain the same. The economic downturn will cause an inward shift in the demand curve as there is a decline in demand for private school education. The Marginal revenue will shift with the demand curve as a decrease in demand also results in a decrease in marginal revenue. Therefore, this shift in demand will cause the price of Private School fees to decrease {draw:line} {draw:line} {draw:line} $ MC {draw:line} {draw:line} {draw:line} {draw:custom-shape} {draw:line} {draw:line} Price {draw:line} ATC * D1* {draw:line} ATC D2 {draw:line} MR q QUESTION 4: Main explanations for why market power of the ‘big four’ banks in Australia has* increased? *Reduction in competition. * In a more competitive situation, which we hope will occur again soon, competition between the big 4 banks, smaller banks and their customers is consistent causing the prices to be competitive and the market power at a reasonable medium level. The big 4 banks have recently been less of a threat to each other mainly due to the financial crisis taking â€Å"out the non-bank lenders for housing† which means the larger banks have more necessity. And by taking over two smaller banks, they have reduced the smaller competition. The necessity of the banks and lack of smaller bank competition means the market power for the ‘big four’ increases. *More constraint. * People are keeping with their current banks due to being â€Å"expensive and time-consuming† to shift loans and bank accounts between the ‘big four’. This financial burden holds them to their banks taking the power away from the consumers and giving the banks control over market prices. Explain how the banks greater market power allows them to ‘raise their rate of profit’. Reduction in competition means that if the banks increase their prices, such as the variable mortgage rate (0. 2 percentage points) they will not lose customers. Because of the lack in competition the banks have heightened their market power to the point where the banks can increase their prices(mark up), without impacting on their customers. Thus, the quantity demanded for banks responds little to the price deeming it relatively price inelastic. With higher prices, the Price minus the ATC will be higher therefore raising their profit. More constraint means that other firms are less price competitive because their customers will be unlikely to switch banks due to it being ‘expensive and time consuming to shift loans and bank accounts’. The constraint to banks causes the consumer demand to become very price inelastic, this is because an increase in price would not severely impact on the demand to switch to another bank because of the cost in doing so. PART 2 â€Å"Why are Melbourne University Colleges significantly more expensive than other colleges when they offer similar *services? † The on campus catered residential housing, otherwise known as ‘colleges’ prove to show some vast differences in fee pricing. When comparing ANU’s colleges to the University of Melbourne’s, Melbourne proved to have significantly higher fees. To attend a Melbourne University College as an undergraduate the prices range from $18,200 to $21,051 over the year1 which can be to a $505. 55 to $58 4. 84 weekly fee1. At an ANU college the undergraduate weekly fee is from $297. 50(Ursula Hall) to $305 (Burgmann College)2. Considering they both offer similar services, food, bedrooms, amenities, gym, library, on campus, tutorial services, social and sporting events we can look to the market forces of demand and supply, as well as elasticity for an economic explanation. DEMAND The Melbourne University colleges to many students about to begin university are considered an essential to forming strong relationships as well as giving extra support academically (especially being in a whole new academic system). They offer many services from full food and board to a gym and intercollege sporting events. College is commonly referred to as ‘the best years of your life’ and so many want to experience it. Most students come from regional areas and some from foreign countries, these students have the necessity to find accommodation in Melbourne so college responds to this need. Putting these aspects together we can understand why there in an increase in demand for a place at a Melbourne University College (see below). {draw:line} {draw:line} {draw:line} {draw:line} P S {draw:line} {draw:line} {draw:line} P*2 {draw:line} {draw:line} P* {draw:line} D1 D2 Q? Q2 Q Consequently an increase in demand for Melbourne Uni College results in an increase in price/fees and an increase in the quantity of places demanded. ANU Colleges offering the same or similar services and opportunities as Melbourne Uni also has a high demand to get into college, however they differ in the number of places available and the elasticity. BOTTLENECK Despite the heavy demand for a place at college there are a limited number of places available. With more people willing to get in than places, a bottleneck is placed on supply and increases the prices (similar to a firm with monopoly power). This can be represented like a quota, with the quota as the restriction on available accommodation. *Accommodation at Melbourne Uni* Colleges {draw:line} {draw:line} {draw:line} P {draw:line} S {draw:custom-shape} {draw:line} {draw:line} P Quota Melb Uni {draw:line} {draw:line} P*ANU {draw:custom-shape} {draw:line} D {draw:line} {draw:line} Q*ANU Q Q Quota, Melb uni. At ANU, there is a guarantee that all interstate or regional students will be given accommodation, so the restriction on accommodation doesn’t exist hence the price being lower than Melbourne Uni. Also, the price of land in Parkville, close to the city in the heart of Melbourne automatically means the price of land will be ELASTICITY The Melbourne University Colleges in some cases are filled by privileged students who come from high income families whose parents consider college a necessity, are willing to support them in college despite large fees. Other students work to be able to support themselves, both categories are relatively unaffected by the price. This means there is an inelastic demand for Melb Uni colleges. The quantity demanded of a place at Melb Uni Colleges does not respond hugely to the increase in college fees. Hence, the colleges can increase their prices and the demand will not be effected. Conversely, at ANU, despite the demand still being rather inelastic, it is more elastic than Melbourne Uni Colleges. ANU has a wider socio economic intake, spreading wider than Melb Uni from high income families to low income families so the quantity demanded in their colleges will more likely be swayed by pricing. Hence it is more important to maintain a competitive and lower price. draw:line} {draw:line} {draw:line} {draw:line} {draw:line} {draw:line} {draw:line} {draw:line} {draw:line} {draw:line} P2 P1 {draw:line} {draw:line} {draw:line} D(UM) D (ANU) {draw:custom-shape} {draw:custom-shape} Q2 Q1Q1Q2 REFERENCES: http://www. colleges. unimelb. edu. au/assets/uploads/Comparative-Costs-2010. pdf University of Melbourne, ICC (2010). _Comparative Costs. _ http://accom. anu. edu. au/UAS/2340/ver sion/1/part/4/data/ANU%20Hall%20and%20College%20Fee%20Summary%202010%20v5. pdf? branch=mainlanguage=default Australian National University, 2010. ANU Hall and fee summary. How to cite Microeconomics Externalities, Market Power Assignment, Papers

Surpassing Respiration free essay sample

Surpassing Respiration Inhale. Exhale. My eyes quiver open as the light from the incandescent sun creeps through my window, saturating my vision with light. This is how my mornings begin. â€Å"What might the world want from me today?† I begin to wonder. Deeply inhaling dissatisfaction after another six hour sleep, I sit up in bed just as everyone does. To remedy my mental fatigue, I click on the lights above me in hope that it will take away some sleepiness, though I know it will hinder my vision for a bit. Sometimes that’s needed though. Staring ahead I notice my blank grey wall. That blank grey wall is my life. It’s dull yet there’s so much room to add to it, so many colors it could be repainted, and so many designs that it could adopt. There are many walls out there, obviously, and they are all so essentially similar! However no walls are the same. We will write a custom essay sample on Surpassing Respiration or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Each is their own. Each wall is custom. This is like humans; like me in particular. I cannot stand to be regulated. I cannot stand to be systematized. I cannot stand to conform. I crave to be acknowledged. I need to be recognized. No one else is who I am. If I can enhance my wall, I will perfect myself to say the very least. As I start to imagine what my day will consist of, I begin to grow antsy at the thought of dealing with all of these confused people. I stand by and spectate in amazement as people scramble frantically to complete papers while worrying about the next day all while I question the world, confused, perplexed with anguish. Why would I want to be a gear in the machine? I want to be the operator! Why don’t people open their eyes and look at the bigger picture? Am I truly the only one that can see that my life is evaporating? I WILL be different. I need to be. I want to enjoy my life! It’s the only one I have and I don’t want it to go to waste. It is time to wake up. Finally prepared to initiate my day, I begin to notice my breathing. Inhale. Exhale. Live. That’s what I do. That is what we do. That is all we do. That is life. That is what we’re here for. These are the basic principles of life. Anything exceeding the basic principles of our existence is all our choice. This makes all of our choices important, yet I still find that people spend such little time evaluating their choices. Choices should be wise. Most people don’t think this much on it. I certainly did not as I allowed my grades to suffer terribly. Perhaps it is too late. Perhaps it is not. I believe that nothing is too late. I choose to be more than that. My life will not fall behind and become another simple inhale-exhale human. Departing from my house with the certainty that someday I will overcome, I push forward. Rather than befuddling myself about why people don’t see the things I do, I will work on my own bigger picture. I will enhance my own wall. I’ll create my own pictures to hang. I’ll create my own design. I will be my own individual. It is not too late. I might not know quite what I am here for yet, but I will, and it will be monumental.Assist me in the enrichment of my being so that I may become the dictator of my life – not merely breathing. Assist me in the completion of my wall of art so that I can stupefy this world.

Trabajo Practico De Estudos Essays - Contramaestre, Cuba

Trabajo Practico De Estudos Trabajo practico de Estudos Socciales Tema Brasil Introducci?n Brasil, rep?blica de Sudam?rica que constituye el pa?s m?s grande del subcontinente, pues ocupa casi la mitad de su superficie. Est? limitada al norte por Venezuela, Guyana, Surinam, Guayana Francesa y el oc?ano Atl?ntico; al este por el oc?ano Atl?ntico; al sur por Uruguay; al oeste por Argentina, Paraguay, Bolivia y Per? y al noroeste por Colombia. La rep?blica tiene frontera com?n con todos los pa?ses de Sudam?rica excepto Chile y Ecuador. Brasil es el quinto pa?s m?s grande del mundo (despu?s de Rusia, China, Canad? y Estados Unidos). La superficie total de Brasil es de 8.547.403 km2, su distancia m?xima de norte a sur es de 4.345 km y de este a oeste de 4.330 km. La mayor?a de los habitantes de Brasil viven junto al oc?ano Atl?ntico, especialmente en las grandes ciudades de S?o Paulo y R?o de Janeiro. La capital, situada en el interior, es Brasilia con una poblaci?n (1996) estimada de 1.817.000 habitantes. El pa?s, que fue una posesi?n portuguesa, es el mayor productor de caf? en el mundo y posee grandes recursos minerales; la explotaci?n de muchos de ellos se intensific? durante la d?cada de 1980. Desde mediados del siglo XX se inici? un importante proceso de industrializaci?n que llev? al pa?s a convertirse en la d?cima potencia econ?mica mundial. Situaci?n Brasil es el pa?s mayor de Am?rica del Sur; ocupa casi la mitad de la superficie del subcontinente y tiene frontera con todos los pa?ses sudamericanos, excepto Chile y Ecuador. Al norte limita con Venezuela, Guyana, Surinam, Guayana Francesa y el Oc?ano Atl?ntico; al este con el Oc?ano Atl?ntico; al sur con Uruguay; al oeste con Argentina, Paraguay, Bolivia y Per?; y al noroeste con Colombia. Brasil es el quinto pa?s m?s grande del mundo, con una superficie de 8.511.970 km?, superando con creces a Australia. Existen dos peque?as zonas en la frontera con Uruguay: la del Arroyo Invernada del Rio Quara? y las islas situadas en la confluencia del Rio Quara? con el Uruguay que aun se encuentran sin resolver. Datos Generales Nombre oficial Rep?blica Federal de Brasil Capital Brasilia Superficie 8.511.970 km? Unidad monetaria: Real Poblaci?n 161,8 millones (1995) Idioma Portugu?s (oficial) Forma de gobierno Rep?blica Federal Poblaci?n De acuerdo con estimaciones realizadas para 1990, la poblaci?n de Brasil se compon?a de un 54% de blancos, un 39% de mestizos (mulatos, caboclos y cafuzos), un 6% de negros, un 0,8% de asi?ticos y un 0,2% de ind?genas americanos. A la composici?n de esta poblaci?n contribuyeron originariamente ind?genas, portugueses y negros, a los que se sumaron, a trav?s del flujo inmigratorio, italianos, espa?oles, alemanes, eslavos y japoneses. Caracter?sticas de la poblaci?n La poblaci?n de Brasil (seg?n estimaciones para 1994) es de 162.161.707 habitantes. La densidad de poblaci?n media es de 19 hab/km2. Alrededor del 75% de la poblaci?n de Brasil es urbana. Principales ciudades (poblaci?n) S?o Paulo 16,4 millones Rio de Janeiro 9,9 millones Salvador 2,8 millones Belo Horizonte 3,9 millones Bras?lia 1,8 millones Recife 3,2 millones Curitiba 2,3 millones Porto Alegre 3,3 millones Bel?m 1,6 millones Man?os 1,2 millones Lenguas oficiales y habladas El portugu?s es la lengua oficial de Brasil. Muchos brasile?os hablan el alem?n y el italiano, especialmente en las ciudades del sur. Religi?n Casi el 88% de los habitantes de Brasil son cat?licos. No obstante, alrededor de veinte millones de cat?licos tambi?n practican alg?n tipo de culto ritual de origen africano. Tambi?n hay al menos cinco millones de protestantes, entre los que se incluyen un n?mero importante de luteranos, metodistas y episcopalianos, y una peque?a comunidad de jud?os. La mayor?a de los ind?genas americanos profesan religiones tradicionales. La separaci?n de Iglesia y Estado es formal y completa. Cat?licos 73% Otras iglesias cristianas 20% Religiones afro-brasile?as, como candombl?, macumba y umbanda 7% Educaci?n La educaci?n primaria en Brasil es gratuita y obligatoria para los ni?os entre los 7 y 14 a?os de edad. Aproximadamente el 80% de la poblaci?n mayor de 15 a?os est? alfabetizada. Primaria y secundaria M?s de 30,5 millones de alumnos al a?o asistieron a la ense?anza primaria brasile?a a comienzos de la d?cada de 1990 y unos 4,2 millones de estudiantes estuvieron matriculados en las escuela secundaria. Los centros de ense?anza primaria y secundaria son fundamentalmente propiedad de los estados y los municipios, pero tambi?n existen muchos centros cat?licos de ense?anza secundaria, entre otros centros privados. Superior o universitaria El gobierno federal de

Financial Markets and Institutions Essay

Financial Markets and Institutions Essay Financial Markets and Institutions Essay Financial Markets and Institutions Dr. Marcus Crawford FIN 350 – Finance Markets and Institutions Financial Markets and Institutions Financial Market Role Financial market is a market in which people and entities can trade financial securities. There are general markets and specialized markets. There are several types of financial markets capital, commodity, money, derivatives, futures, and insurance and foreign exchange markets. These types of financial markets play an intricate part in creating economic wealth. Real economic resources from lenders to borrowers are transferred by the facilitation of the financial markets. They allow lenders access to gain interest from their surplus invisible funds and this causes an increase to individual which is an economic gain. A money market fund is a type of fixed income mutual fund that invests in debt securities that are characterized by their short maturities and minimal credit risk. Money markets are savings account that will help with future retirements and they pay higher interest. Your money is always safe no matter if the bank closes because it is insured by the FDIC. Another financial market that helps creates wealth is capital market securities. Capital market securities are your stocks and bonds and are traded in separate markets. In order to raise funds for various purposes companies, corporations and government use market securities. Capital market securities are supervised in every country by regulatory authorities. In the debt securities dealing bond is the medium. There is a vast of bonds in the international market. There are several types of bonds such as corporate, municipal, government bonds and many more. Stocks are also important capital market securities. Stocks are preferred by the investors because they can get huge returns from this capital market instrument. Trading of company stocks, other securities and derivatives is what the stock market is used for. Companies raise funds for certain purposes in the stock market. The stock market is sometimes turned to by the government to generate funds. Securities There are a few types of securities in the financial market such as, debt security markets, equity markets and derivative security markets. Money markets, bond markets and mortgage markets are types of debt security markets. â€Å"Money market securities are debt securities with a maturity of one year or less (Madura, 2012, p.123).† The first financial market security I am researching is Cigna. Cigna Corporation is a global health service company that provides insurance and related products and services dedicated to improve health, well-being and sense of security. â€Å"The $16 billion market cap health insurer is up 25% in the last year, essentially doubling the market’s performance (Doiron, 2013).† The current market price for Cigna is about $87.17. Another financial market security is the world’s largest investment management company Vanguard. They offer a large selection of low cost mutual funds and other related services to all type s of people such as investors, individuals, financial professionals and others. It was founded in 1975 and as of today is has assets of 2 trillion in U.S. and international mutual funds. Their core purpose is to â€Å"take a stand for all investors, to treat them fairly, and to give them the best chance for investment success (Vanguard, 2013).† The last security I am interested in researching is Bank of America. The current market price for Bank of America Corp is about $15.59. The original name of was Massachusetts Bank which opened in 1784. At the time it was only one of the three commercial banks that existed in the U.S. Over the years the bank has grown to the successful financial institution it is today. Today it is services individual consumers, small and middle market businesses and large corporations as one of the largest financial institutions. The stock is listed

Human Resources Management Essay Example | Topics and Well Written Essays - 3750 words - 1

Human Resources Management - Essay Example Although there has been quite a lot of negative feedbacks with regards to PETernity leave in other countries, it remains a fact that the benefits of implementing five days unpaid leave to VMA employees who wishes to adopt a new dog or cat less than 10 months old. There are many people who would give extra time and care for their pets. In line with this, VMA HR manager should take advantage of this sentiment in order to keep more employees feel more accepted and motivated to work better and stay longer with the company. Likewise, HR manager can make use of this option as a way of attracting new employees other than the typical HR strategies like offering of flexible working approach like part-time job, flexy time at work, job sharing, unpaid leaves, and industry pay standards. Since VMA’s PETernity leave does not apply to employees with pets more than 10 months old, the HR manager is adviced to improve this HR policy by extending the PETernity leave benefits to its employees who have pets like dogs and cats regardless of the pets’ age, breed, and gender. Established back in October 2000, Virgin Mobile Australia (VMA) is a telecommunications company that offers a wide-range of mobile communication products and services including the access to mobile broadband through its 3,500 retail store outlets nationwide (Virgin Mobile, 2009a; van der Walt, Morris, & Simsek, 2007). As of 2008, VMA was considered the 4th telecommunication company in Australia that was given the authority to sell Apple iPhone 3G (MacBlogz, 2008). Serving more than 400,000 customers in Australia (van der Walt, Morris, & Simsek, 2007), the company is challenged to improve and maintain the quality service that is given to its customers. Because of the continuous business expansion and tight market competition within the telecommunication industry, the HR manager of VMA should continuously improve the employment benefit packages not only to attract competitive

International marketing plan Essay Example | Topics and Well Written Essays - 3500 words

International marketing plan - Essay Example In this report, the marketing plan of IKEA to enter into the Pakistani market has been presented. The external environment analysis shows that IKEA can find huge opportunities in the Pakistan furniture industry as currently no international furniture brand is operating in the country. Although economy of Pakistan is threatened by unstable political conditions, terrorism and weak economic conditions still, the changing patterns of people and their preference for western furniture products over weigh these threats. Porter’s five forces analyses show that furniture industry of Pakistan is a highly attractive industry. The market audit shows the strengths of IKEA which can help the company to ensure a successful presence in the Pakistani market. After identifying the corporate and marketing objectives of IKEA, this report also describes a preliminary marketing plan to enter into the market. Direct investment strategy has been considered as the most suitable strategy for IKEA to en ter into the industry. The report also describes the marketing mix of IKEA. The company will keep its IKEA concept to promote its products and services in Pakistan. INTRODUCTION TO PRODUCT Ingvar Kamprad Elmtaryd Agunnaryd (IKEA) is a Swedish company. From 1954 to 2010, the number of stores of IKEA has grown from 1 to 316 stores (http://franchisor.ikea.com/showContent.asp?swfId=facts1). The company has been developed to offer low price and modern home furnishings to the consumers. Unlike other home furnishing retailers, IKEA focuses on providing a combination of low price and good design and functionality to the consumers which never goes out of fashion. Today, the company is printing its catalogue in 25 languages and circulate in 35 countries around the world (http://franchisor.ikea.com/showContent.asp?swfId=catalogue9). Moreover, the stores of IKEA attract around 600 million visitors (http://franchisor.ikea.com/showContent.asp?swfId=store9). IKEA is currently targeting countries f rom Europe, North America, Australia, Asia Pacific and Caribbean. In Asia Pacific, company has been able to enter into China, Hong Kong, Japan, Malaysia, Taiwan and Singapore. In this report, the marketing plan of IKEA to enter into the Pakistani market has been presented. Pakistan appears to be an attractive market for IKEA because the westernisation in Pakistan is increasing very rapidly and people are seeking to import western clothes, home furnishings and other products. Therefore, in this report, the plan of establishing IKEA store in Pakistan has been presented. The store will initially offer home furniture products in Pakistan. ENVIRONMENT ANALYSIS PESTLE Analysis Political Pakistan is facing high political instability which influences both the consumers and businesses. The decline of exports of furniture since 2007 is because of the political and economic problems especially load shedding (Arifeen, 2010). However, direct political influence is very less on furniture retailer s. Government has very weak regulatory control in the furniture industry

New poduct for WALKERS CRISPS Essay Example | Topics and Well Written Essays - 2750 words

New poduct for WALKERS CRISPS - Essay Example When the company started, its first flavours released to the market were cheese and onion flavours. Currently, Walkers has introduced very many types of flavours in the potato crisps produced and this has attracted a lot of customers who appreciate the different tastes that come in the different flavours. Due to its vast numbers in its customers, Walkers has proved to be a company that can accommodate the introduction of new products. Therefore, I propose introduction of Walkers Fresh Juice production and sale. Despite the beverages sold in the PepsiCo. Inc, the company does not produce fresh juice. With its huge acres of land for farming potatoes for the manufacture of crisps, I feel this company can use part of that land to grow fruits that can be used to make the fresh juice. For a company that is currently aiming to produce and sell healthy foodstuff, it is my strong belief that making fresh juice for sale will serve this purpose while attracting a great number of customers who are already loyal to Walker’s crisps company. It is also part of PepsiCo’s mission, to be the global company for production of consumer products that will produce the best foods and beverages. (BOONE et al 2011). One of the growing trends in the United Kingdom in food production is the desire by the consumers to have healthy and safe snacks. According to recent studies and research projects, it has been noted that a high number of people are much interested in natural and healthy drinks and also foods. An example is how fat content and even salt has been reduced in the manufacture of some snacks so as to respond to the issues that have been raised concerning health.( GREAT BRITAIN 2004). This trend has been accelerated by the government of the United Kingdom, when it put strict regulations in labelling of nutritional value of foods and beverages as a measure of controlling obesity in the country. In this market, there has been a lot of emphasis to the manufacturers to use

Robert Frost: Analysis of Symbolism

Robert Frost: Analysis of Symbolism Robert Frosts poems take the minds of his readers through journeys of every experience imaginable. Frost, whose background was heavily influenced by New England, uses his former experiences to weave delicate threads of poetry. In his poems he uses subtle forms of symbolism to convey a deeper underlying meaning to his initial words. In addition, his sense of rustic, pastoral themes lets nearly every reader with any type of background relate to his words. In two of Robert Frosts poems, Desert Places, and I Stopped by the Woods on a Snowy Evening, he demonstrates these uses of pastoral and symbolism. Though both of the poems are set in the winter, they express very different tones and themes. One has a feeling of disheartening isolation while the other has a feeling of welcome seclusion. Although different, they show that the same setting can have completely different impacts on the speaker depending on their specific mindset at the moment. Although these seemingly simple poems are cons tructed of short, straightforward stanzas and verbiage, they are anything but. In Robert Frosts poem, Desert Places, the speaker is a man who is roaming through the countryside on an ideal winter evening. He is entirely surrounded with thoughts of loneliness. The speaker spectates a snow covered field as a forsaken, uninhabited place. A blanker whiteness of benighted snow, with no expression, nothing to express (Robert Frost). Whiteness and snow are two important symbols in this poem. The whiteness symbolizes open and empty spaces without boundaries to restrain. The snow is a white blanket that covers up what was left behind making people forget about what may have happened. As the snow continues to come down on, burying everything, eliminating all distinction, the field becomes a lifeless, deceased idea, unmarked and unreflective of anyone or anything. This is the very thing which gave it its negative identity as a desolate field (Kolchak). The snow has effectively removed the signs of mans connection to whatever may have been there. This annihilation is portr ayed as death, an ultimatum of which in cosmic and spiritual approach overwhelms and over powers all life, leaving the speaker alone in a motionless universe, himself touched by the metaphorical death of which he speaks. In Desert Places The poems speaker seems to be envious of the woods. The woods around it have itit is theirs. The woods represent two different worlds of isolation versus society (Kolchak). Both have something that belongs to the speaker, something he wants to become a part of. The isolation and loneliness he speaks of is one that he wishes to have. He wishes to be alone in order to contemplate his ideas without the distractions of the outside world. Yet, while he wishes for the isolation, the way in which he phrases his words shows that he also wishes for company. In the line, The loneliness includes me unawares, The speaker has shown a lost passion for life. He cannot express his feelings easily because of this feeling of numbness. The speaker is well aware of his situation, that he is alone in the world (Ogilvie). He is going through a stage where he just does not care about his earthly ties and feels extremely paranoid. They cannot scare me with their empty space (Robert Frost). He believes that no one cares how he may or may not feel, he does not need anyone else. I have in me so much nearer home, to scare myself with my own desert places. The speaker is now beginning to realize that he was in this situation because he had shut himself off to the world. He acknowledged that this winter wonderland represented his life. He had let misery and solitude sneak into his life and completely take over just as the snow had crept upon the woods and noiselessly consumed it. He realizes that if he lets these feelings run his life, ultimately it would d ie out much like the snow did to environment around him. Stopping by Woods on a Snowy Evening conveys a happier, more positive meaning than the previous poem. Stopping by Woods on a Snowy Evening is about slowing down and trying to enjoy life. The speaker wishes he had done this more often and wants to try and relive the times that he had skipped by. This poem, like Desert Places, forces the speaker to choose between worlds of isolation and society. The quote, But I have promises to keep, and miles to go before I sleep, shows that he chooses the latter, a world of society. The speaker of the poem was shown to be an extremely busy man who always had commitments to honor and places to be. A sensation of disappointment and regret is nearby throughout the poem. The speaker seems concerned about what the rest of society would think about him just stopping in the middle of nowhere for no apparent reason. His horse represents society. My little horse must think it queer, to stop without a farmhouse near. He admits that just stopping does seem odd. He is also somewhat concerned about the man who owns the woods. The man almost feels guilty for looking so lovingly at this other mans woods. He will not see me stopping here, to watch his woods fill up with snow. I think that the speakers life may be a little better off since he stopped to take a deep breath and enjoy all that really matters, the simple things. Stopping by Woods on a Snowy Evening is the opposite of Desert Places. The settings were exactly the same; calm, dark wintery evenings, but they express totally different feelings. Desert Places is a very depressing poem with a dark tone. The other is very happy and it makes you wish that winter was already here. These two poems are very different but they are also the same in some ways. They show two extremes of the same emotion. Being alone can be positive or negative it just depends on the state of the mind. Loneliness can be very depressing or it can be a time to collect your thoughts without the pressures of the outside world crashing down. Winter is the perfect season to reflect upon when expressing solitude. Winter can make everything seem dead. It can be a very depressing time of year. Snow covers everything living and the cold seems to chill to the very soul at times. Winter can also be very uplifting. It can wipe the slate clean with its pureness and it can be a time of starting over. Snows whiteness can, in a way, blind you with its beauty and make you forget about your troubles. Winter for me is a time of silent reflection. I could sit for hours and gaze at the blowing snow. Robert Frost creates two winter scenes with different outcomes. The first, Desert Places is a sad poem about loneliness and lost enthusiasm. Stopping by Woods on a Snowy Evening is a rather uplifting poem about enjoying simple things in life. Frost seems to draw upon his experiences from living in rural New England and converts those experiences into beautiful rustic, pastoral poetry. http://www.dreamessays.com/customessays/Robert%20Frost/3320.htm

Report on Classification Of Business Essay -- Business and Management

Report on Classification Of Business Classification of Businesses according to their types of activity: Primary Sector Businesses: The gathering of raw materials, such as fish, oil, or coal from the land or sea or growing using the earth to grow things such as crops or trees Examples: Rio Tinto (Mining), JCI Gold (Mining), Anglo Amer (Mining), BP (Oil and Gas), and Soco International (Oil and Gas). Secondary Sector Businesses: The processing of raw materials into finished goods. Examples of this are food production, computer component manufacture, and car manufacture. Examples: Schweppes (Food and Drink), Unilever (Food and Drink), Intel (Computer Component Production) and Ati (Computer Component Production). Tertiary Sector Businesses: This sector contains organisations supplying services, and includes both commercial services providers (banking, finance and retail), as well as direct service providers (Health and education). Examples: Stagecoach (Transport), British Airways (Transport), CGNU (Insurance), BT (Telecommunications) and Natwest (Banking). Classification of Business According to their Broad Ownership: Public Sector: The part of an economy that consists of state owned institutions, including nationalised industries and services provided by local authorities. Examples: BBC (Television Broadcast), Post Office (Communications), and The National Grid (Electrical Distribution). Public Companies: Companies whose shares may be purchased by the public and traded freely on the open market and whose share capital is not less than a statutory minimum. Examples: Marconi (Communications and Defence), Sony (Electrical Equipment), Hitachi (Electrical Equipment). Classification of Business according to their Size: Number of Employees: Total Number of people employed by a company. Currently the top company in the UK using this method is; Unilever (Food Products) (261, 000 employees) Profit: Total amount of capital left after deducting all costs. Currently the top company in the UK using this method is; Royal Dutch/Shell Group (Oil and Gas) ($M12, 719) Market Capitalisation: The value of 1 share times the amount of shares. Currently the top company in the UK using this method is; Royal Dutch/Shell Group (Oil and Gas) ($M216, 361) Revenue: The gross income a business enterprise, usually... ...5, 724, and so far this year, its revenues come to  £M6, 942. Although the company is turning over a very large revenue, their profits in recent years have been in decline. Last years earnings per share were 18pence, and so far this year, the earnings per share are a loss of 10pence. Share Prices dropped dramatically over the summer of 2001, to an all time low of 52.9pence. Some investors thought that the shares could not possibly drop any further, and so invested in some shares. Unfortunately, share prices did drop even further to 28.4pence. There is currently a slow trickle of increase in profit, to their current price of 32.5pence, due to Marconi coming into profit again ( £5,000,000 in the second quarter, compared to an operating loss of  £222,000,000 in the first quarter). Marconi, like Marks and Spencer Plc have a strong brand name, but this is only as important in their industry as in that they have a long list of clients, built up over the years, many of who will do repeat transactions with the company. Web sites: - http://www.ft.com - http://www.forbes.com Newspapers: - The Financial Times Books: - Collins Concise English Dictionary