Thursday, October 31, 2019

Discrimination in Employment Essay Example | Topics and Well Written Essays - 250 words

Discrimination in Employment - Essay Example Sec.2000e-2. [Section 703] has clearly mentioned the following guidelines on discrimination issues. 1- If any employer fail to discharge or hire any individual or refuse to discriminate against any individual in terms of compensation, employment condition due to individual’s religion, race, color, sex, and national origin then it will be classified as unlawful employment practice. 2- If any employer segregate or classify any employee based on individual’s religion, sex, race, color and national origin then it will be termed as unlawful employment practice. Employer should not limit any individual from employment due to race, sex and nationality (U.S. Equal Employment Opportunity Commission, n.d.). In the other case, the sentence can be judged on the ground of common employment practice. They are using the advertisement to invite female candidate for employment opportunity without any intention to create discrimination in terms of age, sex and nationality. They employer might need female employee to handle Hispanic customers in customer relationship management department. Hence the advertisement is more situation specific rather than intention driven in terms of employment

Tuesday, October 29, 2019

Social Networking Project Assignment Example | Topics and Well Written Essays - 250 words

Social Networking Project - Assignment Example I have massively utilized Facebook in connecting to the diverse business interaction and management via placing stories regarding BusinessWeek, Wired News, and Computerworld. This has attracted attention of the teens and adults. Nevertheless, I intend to add MySpace and LinkedIn to attract positive attention in regard to my professional projects of social media and social networking tools in the establishment and utilization of the third party social networking as means of communication of business personnel. The five main connections that have recently attracted entail social bookmarking, Blogs widget, MySpace and LinkedIn. Social bookmarking account to the post where public users does not own any account thus will account both video and image whilst blogs will cater for the Twitter, Google, Blogger and Word press thus advancing connection. Widget will cater for those who utilize Opera browser such as web tools, games, music and corresponding news whilst MySpace and LinkedIn will offer

Sunday, October 27, 2019

Internal and External environment analysis for Mcdonalds

Internal and External environment analysis for Mcdonalds McDonalds has been a thriving business since 1955 and 20 of the top 50 corporate staff employees started as a restaurant level employee. In addition, 67,000 McDonalds restaurant managers and assistant managers were promoted from restaurant staff. Fortune Magazine 2005 listed McDonalds as the Best Place to Work for Minorities. McDonalds invests more than $1 billion annually in training its staff, and every year more than 250,000 employees graduate from McDonalds training facility, Hamburger University. The business is ranked number one in Fortune Magazines 2008 list of most admired food service companies. One of the worlds most recognizable logos (the Golden Arches) and spokes character (Ronald McDonald the clown). According to the Packard Childrens Hospitals Center for Healthy Weight children age 3 to 5 were given food in the McDonalds packaging and then given the same food without the packaging, and they preferred the food in the McDonalds packaging every single time. McDonalds is a community oriented, socially responsible company. They run Ronald McDonald House facilities, which provide room and board, food and sibling support at a cost of only $10 a day for families with children needing extensive hospital care. Ronald McDonald Houses are located in more than 259 local communities worldwide, and Ronald McDonald Care Mobile programs offers cost effective medical, dental and education services to children. They also sponsor Olympic athletes. They are a global company operating more than 23,500 restaurants in 109 countries. By being spread out in different regions, this gives them the ability to weather economic fluctuations which are localized by country. They can also operate effectively in an economic downturn due to the social need to seek out comfort foods. They successfully and easily adapt their global restaurants to appeal to the cultural differences. For example, they serve lamb burgers in India and in the Middle East, they provide separate entrances for families and single women. Approximately 85% of McDonalds restaurant businesses world-wide are owned and operated by franchisees. All franchisees are independent, full-time operators and McDonalds was named Entrepreneurs number-one franchise in 1997. They have global locations in all major airports, and cities, along the highways, tourist locations, theme parks and inside Wal-Mart. They have an efficient, assembly line style of food preparation. In addition they have a systemization and duplication of all their food prep processes in every restaurant. McDonalds uses only 100% pure USDA inspected beef, no fillers or additives. Additionally the produce is farm fresh. McDonalds serves 100% farm raised chicken no fillers or additives and only grade-A eggs. McDonalds foods are purchased from only certified and inspected suppliers. McDonalds works closely with ranchers, growers and suppliers to ensure food quality and freshness. McDonalds only serves name brand processed items such as Dannon Yogurt, Kraft Cheese, Nestle Chocolate, Dasani Water, Newmans Own Salad Dressings, Heinz Ketchup, Minute Maid Juice. McDonalds takes food safety very seriously. More than 2000 inspections checks are performed at every stage of the food process. McDonalds are required to run through 72 safety protocols every day to ensure the food is maintained in a clean contaminate free environment. McDonalds was the first restaurant of its type to provide consumers with nutrition information. Nutrition information is printed on all packaging and more recently added to the McDonalds Internet site. McDonalds offers salads, fruit, roasted chicken, bottled water and other low fat and calorie conscious alternatives. It has branded menu items e.g. Big Mac, Chicken McNuggets, which further promote McDonalds. McDonalds Egypt: Has the second largest market share in Egypt with branches exceeding 60. Fastest delivery service provided in Egypt. Nutrition information is printed on all packaging Safety protocols and quality assurance to serve best quality food. More than 92% of suppliers are Egyptian (Halal) Efficient assembly line to serve food as fast as possible with maintaining high quality. Charity works. McDonalds is the first restaurant in Egypt to provide drive through in 7 branches. Has a joint venture with shell petroleum. Sponsors many events and football teams. Cares about the environment by recycling the oil used in cooking for delivery motorcycles. (SWOT) McDonalds Worldwide: High employee turnover in their restaurants leads to more money being spent on training. Their test marketing for pizza failed to yield a substantial product. Leaving them much less able to compete with fast food pizza chains. The companys ability to increase revenue is small due to many competitors to keep prices down. It uses advertising that mostly targets children. Lack of innovative products. McDonalds Egypt: No innovation in products that could serve the culture taste due to consistency in their menu. Prices McDonalds Structure: McDonalds has a functional structure which serve many product lines in the same industry. Its chain of command is as follow: Chief Executive Operations Development Finance Marketing Human Resources McDonalds are structured along functional lines. Their Chief Executive oversees five major areas of activity: Operations (equipment and franchising) Development (property and construction) Finance (supply chain and new product development) Marketing (sales marketing) Human Resources (customer services, personnel, hygiene and safety) Culture: McDonalds is all about corporate culture. From its Hamburger University (where managers and assistant managers are trained) to its vision statement of Quality, Service, Convenience, and Value (QSCV), McDonalds corporate culture is a shared value system that forms the basis of all company decisions. A relatively enduring, interdependent symbolic system of values, beliefs, and assumptions evolving from and imperfectly shared by interacting organizational members that allows them to ascribe common meanings to stimuli encountered in the organizational context; these functions are accomplished through the mediation of implicitly and explicitly rules that act as cultural warrants. McDonalds vision statement creates the values by which are made all managerial and corporate decisions. These guiding values are exhibited in all aspects of business, from social responsibility and diversity to training and policies. McDonalds operates four Hamburger Universities in four countries. McDonalds has and provides the best employees-business relationship via providing an equal opportunity employer. As an equal opportunity employer McDonalds ensures that employees and job applicants are selected, trained, and promoted without discrimination to race, gender, sexual orientation, age or disability. The company promotes their employees based on their relevant skill, talents, and performance. In support of this McDonalds promotes and sustains a working environment, which is free from unlawful discrimination, harassment and bullying. Employees are regarded as members of a team where everyones opinion is valued and respected. The Human Resources department monitors the effectiveness of the discrimination policies at regular intervals and takes corrective action as necessary to ensure that they being complied with Employees who feel that they have been treated unfairly are encouraged to use the remedies outlined in the Companys handbooks. The Ronald McDonald House charity offers thousands of sick children in approximately 48 countries hope and it inspires courage. They say laughter is the best medicine and nothing makes people smile more than a Happy Meal.ourworld-policy-hero At McDonalds we recognize our responsibilities to protect and preserve the environment for future generations to come Our goal is simple, is achieving a continuous environmental improvement across all areas of our business. ourworld-prp btn-show-your-support images (9) Litter McDonalds provides trash cans outside every store all around the world. food-fries Waste Used cooking oil represents 10% of the restaurant total waste, and is recycled into biodiesel, which our delivery bikes runs on. food-saladsplus Packaging For the salads containers McDonalds replaced them with a paper card base; saving nearly 69 tones of plastic purchased by the firm. Energy All our restaurants uses low energy lampsrestaurants-whatson Resources Suppliers: Meat: from Brazil in bulks and then processed in Egypt. Potato: Farm frites Vegetable: Egyptian farms Dairy: Egyptian farms Bread: Egyptian suppliers Assets: 60 restaurants Delivery Motorcycles Office equipment Manufacturing plants Restaurant equipments Skills Knowledge: Employees are trained on the same values and are given the required skills to achieve companys success. (Hamburger University) External environment: (SWOT) Worldwide: In todays health conscious societies the introduction of a healthy hamburger is a great opportunity. They would be the first QSR (Quick Service Restaurant) to have FDA approval on marketing a low fat low calorie hamburger with low calorie combo alternatives. Currently McDonalds and its competition health choice items do not include hamburgers. Provide optional allergen free food items, such as gluten free and peanut free. In 2008 the business directed efforts at the breakfast, chicken, beverage and convenience categories. For example, hot specialist coffees not only secure sales, but also mean that restaurants get increasing numbers of customer visits. In 2009 McDonalds saw the full benefits of a venture into beverages. It can adapt to the needs of the societies and undergo an innovative product line. It can adapt to the needs of the societies and undergo an innovative product line. It can research ways to use green energy and packaging which will work as a part of their promotional effort as well as fulfill their social responsibility. It can create new product offerings, use mobile text messaging to offer services that appeal to consumers. It can upscale some of its restaurant settings at luxurious locations to attract more customers. It can provide optional items that are regarded to be the basis of allergy for some. It can slow down the level of expansion in order to increase the profitability of the organization. McDonalds Egypt: Introduce new products that satisfy the culture needs Reduce expansion to generate more revenue Use new home ordering techniques Care more about green environment (SWOT) Worldwide: The recession negatively impacts the holding position of the firm regarding its revenue streams, even though they are quite diversified. Foreign currency fluctuations are regarded to be a major problem as it uses standard pricing for its food items. More restaurants that are increasing their food offering and declining the price. Health issues regarding the fast food chain. Heavy investments on promotional campaigns which decrease the gaining of market share. Some parents criticize the firms cradle to grave marketing strategy that focuses on kids, who later on take it as a trend to their adulthood. Sued various times for unhealthy food, usually with addictive additives. Emergence of major fast food competitors: Burger King, Starbucks, Wendys, Taco Bell, KFC. The expansion has made the firm vulnerable to the slow economies of the other countries. Swine Flu McDonalds Egypt: Rumors such as an Americanized brand that supports Israel. Egyptians are starting to care more about diet and health Economy recession Swine Flu McDonalds vs. KFC vs. Momen The SWOT analysis of KFC showed that it has the largest market share of the fast food industry and 24 stores more than McDonalds. Its weaknesses turned out to be lack of consistence of standards and moderate rates of dissatisfaction by the customers. For the threats and opportunities of KFC, they are no different from those of McDonalds or any other fast food restaurant in the industry. Similarly, the SWOT analysis of Momen showed that its main strengths are in their diversified menus and reasonably more competitive and affordable prices. Its weaknesses are much more lack of consistency than that of KFC and customers perceive their taste to be less than both McDonalds and KFC as well as any other fast food restaurant in the market. Its opportunities are the incorrect believe of customers that Momen is Egyptian and halal while McDonalds and KFC are not. However, the threats of Momen are that they are only spread over the main areas of the Egyptian market so they do not serve all the customers unlike what McDonalds and KFC do. Natural environment: McDonalds doesnt supply its franchises from the headquarters in fact it treats every franchise as its own operating business that will order its supplies from the suppliers they want taking into consideration the quality assurance this could be based on the country itself or from imported goods. For McDonalds Egypt they order nearly 92% of their supplies from Egyptian producers whom produce the supplies in Egyptian land because Egypt is considered to be a good agriculture region for its good climate and having the Nile River. Potato: Farm frites Vegetable: Egyptian farms Dairy: Egyptian farms Bread: Egyptian suppliers Societal: Political: Taxes before 2005 were 40%, after 2005 and until now it is reduced to 20% this encouraged McDonalds to expand into what it is now 60 Branches and rising. Economical: Inflation has a very huge impact on McDonalds Egypt as prices are increasing and people have low income this leads them to spend money on cheap products, McDonalds has to increase its prices because its supplies are becoming more expensive. The economic crises has also affected McDonalds because people are saving more and spending less and as McDonalds is not considered as a need and people have many other cheap substitutes such as Amo Hosney and Momen, McDonalds sales are reduced. As McDonalds has a high unemployment rate it is not hard to find employees because McDonalds has a training center that trains them and candidates dont need to have special skills or certificates to work at McDonalds. Socio-culture: As McDonalds operate in many different countries it has to take into consideration their beliefs and traditions. It introduces new products besides the standard menu that suits every culture for e.g. in the Middle East MC Arabia and in India Mc Panton. McDonalds also cares about the factors that could offend each culture for e.g. a state in USA considers the red color in McDonalds logo as evil therefore McDonalds has introduced the BLUE color in the logo. Technological: McDonalds uses new technology in cooking and preparing the food to reduce the fats and cholesterol in nutrition. It has also introduced new technology to reduce costs (waste) and increase production efficiency. Task: (Porter 5 Forces) Threat of new entrants: McDonalds was not frightened a single bit when it first noticed that Burger King is going to start up in the Egyptian market for several reasons. First, they were well aware of their position in the market and how customers perceive them. Second, Burger King is not well positioned yet and the customers do not really know anything about it as well as not many customers in Egypt like it. Third, in order for Burger King to catch quickly with McDonalds it needs to open 10 stores every 2 months which is impossible and even if it was possible Burger King would still need a year for it to catch up. McDonalds main concern is for new small entrants such as Amo Hosney who offers low price products with more quantity but the difference comes in quality and not quantity. Rivalry among existing firms: McDonalds does not really see Hardees or consider it a main competitor. Kentucky Fried Chicken and Momen are the main competitors of McDonalds in the fast foods industry or business. KFC has the largest market share of the fast food industry with 84 stores (24 stores more than McDonalds) and Momen has the third largest share of the industry. McDonalds is counting on coming up with creative and appealing ideas to beat the competition which is the main strategy that McDonalds is adopting against competition. Threat of substitutes: Instead of buying McDonalds people can prepare food at home and it will be more healthy and will cost less therefore it is considered to be a threat to McDonalds because people will buy less causing loss in revenue. Power of buyer: McDonalds consumers can influence its prices because there are many competitors and substitutes that consumers can switch to such as Momen and KFC therefore the consumers have the power in purchasing the product of not and can influence it. Power of supplier: McDonalds has the power over suppliers because there are many suppliers available whom wish to work with McDonalds because it is a well recognized organization worldwide. The only problem is that McDonalds needs to follow some quality measurements in providing the food which might not be easily taught to new suppliers.

Friday, October 25, 2019

Causes Of World War I :: Papers

Causes Of World War I There were many reasons for the beginning of World War 1. Both small and large events contributed to war and it was impossible to control the situation in anyway. Tension was a very large contributor to war. Also there was the murder of Archduke Franz Ferdinand, which sparked major issues between Austria and Serbia. No one really understood the reason for the beginning of war or why the countries were fighting. In some cases, you could say that no one was to blame and that war was inevitable. In 1904, an alliance was signed between Britain and France and few years later, Russia, too, joined the alliance. This was to be known as the Triple Entente. Ten years later, the six larger countries had been divided into two alliances. Germany, Austria- Hungary and Italy had formed the Triple Alliance. There were many predominant tensions between specific countries such as Britain- Germany, Russia- Germany, and France- Germany. Germany was a main source of tension between the two alliances due to the arms build up and the strength of Germany as a single power. Within the alliances, each member was made to promise that if an ally was ever in trouble, that they would always help that particular country and help. There were many tensions between people and there wasn't much trust at all. When Germany took the important industrial area of Alsace-Lorraine France in 1871, France showed resentment towards Germany and was trying to form an ally with someone to finally get revenge on Germany. And in 1894 this occurred and France formed an alliance with Russia. France was determined to get revenge on Germany and rightfully get back their land of Alsace-Lorraine. Kaiser Wilhelm 2nd, had always wanted Germany to be a strong power like Britain, but he wanted more power than the British. The German leaders were worried because of the positioning of the two powers in the Triple Alliance. France and Russia were either side of Germany and this was known as 'encirclement'.

Thursday, October 24, 2019

Fms 100 Midterm Review

FMS 100 Midterm Review You should be familiar with the plots of all the films we watched in class. You should also be familiar with the main ideas from The Cutting Edge documentary. Moreover, anything discussed in class in the lectures could be on exam. You will have to answer 50 multiple choice items. Review Chapter 1: Looking at Movies Cinematic Language: The accepted systems, methods, or customs by which movies communicate. Cinematic conventions are flexible; they are not â€Å"rules†.Difference between movie, film, cinema: Film is applied to a motion picture that is considered by critics and scholars to be more serious or challenging. Movies entertain the masses at the multiplex. Cinemas are considered to be works of art Shot: One uninterrupted run of the camera. Editing: The process by which the editor combines and coordinates individual shots into a cinematic whole; the basic creative force of cinema. Cut: A direct change from one shot to another. Close-up: A shot that o ften shows a part of the body filling the frame—traditionally a face, but possibly a hand, eye, or mouth.Define: Fadeout/fade in, when is it used? Transitional devices in which a shot fades in from a black field on black-and-white film or from a color field on color film, or fades out to a black field. These are used to convey a passage of time between scenes. Define: Low-angle shot, when is it used? A shot that is made with the camera below the action and that typically places the observer in a position of inferiority. Why is cutting on action important? Cutting on action is important because it hides the instantaneous and potentially jarring shift from one camera viewpoint to another.What is cultural invisibility? Is it always calculated? Cultural Invisibility is used by a filmmaker to make the movie more appealing by implying certain shared beliefs with the viewers without them knowing. What is the difference between implicit and explicit meaning? Implicit meaning: An infe rence that a viewer makes on the basis of the given (explicit) meaning conveyed by the story and form of a film. Explicit meaning: Everything that a movie presents on its surface. How do viewer expectations relate to viewership of a film? What is formal analysis?Define: theme (motif), dollies in, duration, point of view What type of â€Å"alternative approaches† to formal analysis does the book highlight? Comparative cultural analysis. Chapter 2: Principles of Film Form What are elements that make up film form? Mise-en-scene, sound, narrative, editing, shots, sequences and scenes. What is the difference between form and content? Form: the means by which that subject is expressed and experienced. Content: the subject of an artwork. How do expectations play into film form? What is a MacGuffin?Which director came up with the term? MacGuffin: refers to an object, document, or secret within a story that is of vital importance to the characters. Alfred Hitchcock came up with the te rm What are patterns? Why are important? How is editing used to create patterns? Three fundamental principles of film form? Movies depend on light, movies provide an illusion of movement, and movies manipulate space and time in unique ways Persistence of vision: The process by which the human brain retains an image for a fraction of a second longer than the eye records it.Phi phenomenon: the illusion of movement created by events that succeed each other rapidly, as when two adjacent lights flash on and off alternately and we seem to see a single light shifting back and forth. Critical flicker fusion: Occurs when a single light flickers on and off with such speed that the individual pulses of light fuse together to give the illusion of continuous light. Mediation: The process by which an agent, structure, or other formal element, whether human or technological, transfers something from one place to another.Freeze frame: When a still image is shown on-screen for a period of time Reali sm: An interest in or concern for the actual or real. Anti-Realism: an interest in or concern for the abstract, speculative, or fantastic. Verisimilitude: A convincing appearance of truth. Chapter 3: Types of Movies What is narrative? Narrative is a story, narrative is a type of movie, narrative is a way of structuring fictional or fictionalized stories presented in narrative films, narrative is a broader concept that both includes and goes beyond any of these applications.Types of Movies: Narrative Movies (tell stories), Documentary Movies (record the real), Experimental Movies Documentary Movies: Key types – factual films (present people, places, or processes in straightforward ways meant to entertain and instruct without influencing audiences), instructional films (educate viewers about common interests, rather than persuading them to accept particular ideas), persuasive films (addresses social injustices), propaganda films (systematically disseminate deceptive or distorte d information), direct cinema (eschew interviews and even limit the use of narrators).Experimental films – what are they? What are some of their common qualities? What are Hybrid Movies? The cross-pollination among experimental, documentary, and narrative movies. An example of this is Borat, which is a documentary/narrative fusion. What is definition of genre? The categorization of narrative films by the stories they tell and the ways they tell them. How are films categorized? They are characterized by the form and content. What are genre conventions? Aspects of storytelling such as recurring themes and situations, setting, character types, and story formula, as well as aspects of presentation and visual style.Story formulas (the way a movie’s story is structured—its plot), character types, setting (where a movie’s action is located and how that environment is portrayed), presentation, stars Six Major American Genres: Gangster (striving for the American d ream), Film Noir (classic detective movie), Science Fiction, Horror (frightening), The Western, The Musical Evolution and transformation of genre: Writers and directors, recognizing genre’s narrative, thematic, and aesthetic potential, blend ingredients gleaned from multiple styles in an attempt to invent exciting new hybrids.What is generic transformation? The process by which a particular genre is adapted to meet the expectations of a changing society. Can you identify how a genre has transformed over time? Comic-book movies have grown darker and more effects-laden since the modern genre’s birth. Mixed genre: Blending seemingly incompatible genres. Chapter 4: Elements of Narrative What is narrative? The Story What is narration? The act of telling the story What is narrator? Who or what tells the story Who/what is the primary narrator in all films? The camera is the primary narrator in every movie.First person narrator: A character in the narrative who typically impar ts information in the form of voice-over narration. Voice over narration: When we hear a character’s voice over the picture without actually seeing the character speak the words. Direct-address: A form of narration in which an on-screen character looks and speaks directly to the audience. Third-person narrator: Narration delivered by a narrator who is not a character in the movie. Omniscient narration: provides any character’s experiences and perceptions, as well as information that no character knows.Restricted narration: Limits the information it provides the audience to things known only to a single character. What two essential elements does virtually every film narrative depend on? A character pursuing a goal. Round Character: A complex character possessing numerous, subtle, repressed, or contradictory traits. Flat Character: Exhibit few distinct traits and do not change significantly Protagonists, anti-heroes, antagonists Three Act Structure What is the normal wo rld? Narrative Structure Schematic: Can you identify the elements within the three acts?What are the purposes of the three acts? What does a screenwriter do? Do you understand the differences and similarities between story and plot? (Use Fig. 4. 2 to help you) Diegesis/diegetic elements versus non diegetic elements – Can you identify examples? Backstory Story order versus plot order. Which one of these can be manipulated? Why? Two categories of Events Duration: Story duration, plot duration, screen duration; do you know the difference between these? Relationship between plot duration and story duration – is it stable or unstable? Why?Relationship between screen duration and plot duration: Summary relationship vs. real time vs. stretch relationship What is Cinematic time? Suspense versus Surprise – define the difference, example? Define: Repetition, familiar image – why are they used? Define: Setting, scope Chapter 8: Editing Define: Editing, what is it? W hy is it important? Cutting and Splicing definition – manual process vs. digital process Lev Kuleshov and the Kuleshov effect – what is it? Who is he? Why is it important? What is job description and goals of the Film Editor?What are the editor’s responsibilities? 3 items, do you understand what these mean? Define: flashback, flash-forward – when are they used? Define: Ellipsis – Why is it used? Define: montage – why is it used? Why is rhythm important? Define: content curve Define: Continuity and Discontinuity editing – When are they used? Which is more common? Why? Why is continuity editing used? Master Scene Technique – Define coverage, master shot, why are these important for editing? Screen Direction – define screen direction, 180-degree system, axis of action Is 180 degree a rule or a convention?Is it ever broken? Define: Reverse-Angle Shot Continuity Editing Techniques: shot/reverse shot, match cuts, match-on-acti on cut, graphical match cut, eye-line match cut, parallel editing (crosscutting), intercutting, point-of-view editing Transitions between shots – Define jump cut, fade-in fade-out, dissolve, wipe, iris shot (iris in, iris out), freeze-frame, split screen, (make sure you understand why they are used) Chapter 5: Mise-en-Scene What is mise-en-scene in reference to movies? The two visual components of mise-en-scene. Design and Composition – define them.Understand why they are important to mise-en-scene. Is Mise-en-scene planned or unplanned? Why? What is the purpose of design? Who is the production designer? What does he or she do? Who is the art director? When was it common to have an â€Å"art director†? Why did it change? Describe the importance of previsualization done by the director and production designer Elements of Design – setting, decor, and properties; lighting; costume, makeup, hairstyle Define: setting, on location, decor, props (properties), an d soundstage In early Hollywood, did they prefer to shot on location or on a set?Why? What do production designers do with regard to lighting? Define: chiaroscuro Costumes – why are they important? Are they always accurate to the historical setting and period? Makeup – Why have stars have a contemporary look even during historical films? Who is Max Factor? Hairstyles and historical accuracy International Styles of Design – What is German Expressionism? What is the first great German Expressionist film? Which genres has it influenced?British Films, Italian Neorealism, Japanese Films – basic characteristics of design Define: Composition; why is it important? Define: figures, framing, reframing, moving frame, point of view Define: viewfinder Define: off-screen space and on-screen space; can you describe their relationship? Define: open and closed framing; when and why are they used? What is Kinesis? When do we perceive movement (2 ways) Define: figure Define : Blocking

Wednesday, October 23, 2019

Supply and Demand- a Case Study Milk Price

The market supply and demand curve above shows the milk price support problem. In order to solve the milk surpluses in the market, the government should take the steps to increase the market demand to the milk products by exploring overseas markets. For instance, the government should export the milk surpluses abroad. This would cut the cost of storage for milk products and encourages the local dairy farmers continue in dairy business. b. The small dairy farmers would prefer the proposal 4 because it benefits them the most through the buyout program.This program encourages small dairy farmers to switch from dairy business to another business. The rewards from government can be used as capital to start a new business. c. For consumers, they would prefer the proposal 2. Since the consumers are also the taxpayers, the dairy price support program is very costing to taxpayers. By eliminating the price support program, the consumers can enjoy the lower price of milk and the taxes to purcha se unsold milk products can used to support other domestics goods that would be more benefits the consumers. d.The member of Congress who is concern about the welfare of community will look with favor on the proposal 2. Since they investigated that the market for milk is a competitive market. Without the government intervention, the market equilibrium price for milk is set by the market demand and supply. For the benefits of consumers and taxpayers, they would enjoy a lower milk price than price floor. The problem of the farmers can be solved by increase the demand for dairy products, such as exports the milk surpluses abroad and promote the local brand of milk products to consumers. Question 2 a. When YED = 2,Income Elasticity of Demand, YED= Percentae change in quantity demandedPercentage change in income 2= ? Qd %12% ? Qd %=24 % The quantity demanded for personal computer increases 24% as the customer’s income have risen by 12%. So, in order to meet my current inventory to the increase of quantity demanded by 24%, the price of personal computer should be increased. When PED = 0. 5, Price Elasticity of Demand, PED= Percentage change in quantity demandedPercentage change in Price 0. 5= 24 %? Price % ? Price %=48 % ? The price of personal computer should be increase by 48% so that the quantity demanded will approximately equal my current inventory. . i. To determine the price elasticity of demand, PED= ? Qd %? Price % PED=4. 3 %0. 25/1. 25? 100 PED=4. 3 %20% PED=0. 125 ? When the price increased $0. 25 to $1. 50, an increase of 20%, the quantity demanded declined 4. 3%, the price elasticity of demand for subway rides is 0. 125. The elasticity is less than 1, so that the quantity demanded moves proportionately less than the price, demand is said to be inelastic. ii. Since the demand can be considered as the inelastic, the riders are less sensitive to the fare rises and there would probably because of no substitute way for riders in short period.Hence, th e Transit Authority’s revenue increases as the fare rises. iii. From the estimation, the demand for subway rides is inelastic in short run. The estimation might be unreliable because of the data gathered is only first month after the fare rises. After a longer period, the riders may choose not to use subway and find another way of transportation which is more economical to them. The switch of riders to substitute way of transportation means the quantity demanded for subway decreases. So, when the fare rises, the quantity demanded declines gradually, the price elasticity of demand would be higher and more elastic. . As a clever entrepreneur, it is important to measure how much the quantity demanded of a good responds to changes in consumer’s income. During the prosperity periods, the consumer’s income is higher, they would demand for normal goods and less demand for inferior goods. In periods of depression, the consumer’s income decreases leads to an incre ase of quantity demanded for inferior goods because their purchasing power is low. If the entrepreneur understands that inferior goods have negative income elasticity (Mankiw, 2007), he would probably switch his business to sell inferior goods.For example, a used-car seller who might sell branded luxury cars during prosperity periods. However, during depression periods, he might switch to sell low-cost cars in order to sustain his business. In conclusion, the statement is valid. Question 3 a. Diminishing returns to a single factor are observable in all production processes at some level of inputs. The ‘law of diminishing marginal productivity’ is defined as the marginal product of an input is the additional output generated by employing one more unit of the input, all other inputs held fixed.The extra output, or returns, to the single input diminish because all other inputs are held fixed. One of the factors is capital. For example, as the stock of capital rises, the ex tra output produced from an additional of capital falls (Mankiw, 2007). Returns to scale are different from the returns to a single factor. Returns to scale are proportional increases in all inputs. While each factor in production process generates diminishing returns, the output may more than double, less than double, or exactly double when all the inputs are doubled.The distinction again is that with returns to scale, all inputs are increased in the same proportion and no input is held fixed. b. In filling a vacant position, we should be concerned with the marginal product of the last worker hired because the marginal product measures the effect on output, or total product, of hiring another worker. It helps us to determine the revenue generated by hiring another worker and compared it to the cost of hiring another worker. This comparison shows that whether the hiring would help to increase the production.The point at which the average product begins to decline is the point where average product is equal to marginal product. Although adding more workers results in a further decline in average product, total product continues to increase, so it may still be advantageous to hire another worker. When average product declines, the marginal product of the last worker hired is lower than the average product of previously hired workers. c. The isoquant identifies all the combinations of the two inputs which can produce the same level of output. The curvature of the isoquant is measured by the slope of the isoquant at any given point.The slope of the isoquant measures the rate at which the two inputs can be exchanged and still keep output constant, and this rate is called the marginal rate of technical substitution. Along the typical â€Å"bowed-in† or convex isoquant, the marginal rate of technical substitution diminishes as you move down along the isoquant. SECTION B Question 4 a. To find the equilibrium price and quantity, Qd=Qs 100-5P=5P 10P=100 P=10 When P = 10, Q=5P Q=510 Q=5 ? Equilibrium price is $10, equilibrium quantity is 50 units Price of Negext, $ Market Equilibrium Quantity of Negext, Units 50 0 10 Supply Demand 20Consumer Surplus Producer Surplus Graph 2 The Negext Market Supply and Demand Consumer Surplus=12 ? $10 ? 50 =$ 250 Producer Surplus=12? $10 ? 50 =$ 250 Total Surplus=Consumer Surplus+Producer Surplus Total Surplus=$250+$250 =$ 500 ? The consumer surplus is $250, the producer surplus is $250 and total surplus is $500. b. When 50 units of Negext are produced, Total Cost of Pollution=50 ? 4 ? $1 =$ 200 The sellers would impose $4 for each units of Negext, so the price for Negext is $14. Total Surplus=$ 500-$200 =$ 300 ? The total surplus after taking into account the cost of pollution, it reduces to $ 300. . We can use total surplus to measure the welfare of buyers and sellers in Negext market. If the society banning Negext, no demand from buyers, Negext will run out of business, the society is not in economic well - being. Both buyers and sellers do not enjoy any welfare from banning. When the total surplus is zero, the total market welfare is zero as well. d. Under the government restriction, the market only can produce 25 units of Negext. (100 units of pollution ? 4 units of pollution are emitted each Negext is produced= 25 units of Negext can be produced) Qs=25 units 00-5 P=25 P=$ 15 ? The new market equilibrium when the quantity 25 units and price is $ 15. Since the minimum cost to produce one unit of Negext is $5 (assuming the cost of production per Negext is $1 and cost of pollution is $4), so the supply of Negext decreases to zero when the price falls below $5. Graph 3 shows the Negext market after the restriction. This restriction limits the production to 25units and the price rises to $15. The consumer surplus decreases to $62. 50, producer surplus is $312. 50, and pollution cost is $100. The total surplus falls $275.In short, this policy is not recommended because it reduces the tot al market welfare. Graph 3 The Negext Market Supply and Demand after the government restriction. Price of Negext, $ New Market Equilibrium Quantity of Negext, Units 0 Supply Demand 20 Producer Surplus 15 Consumer Surplus 25 5 Consumer Surplus=12? $5? 25 =$ 62. 50 Producer Surplus=12? ($10+$15)? 25 =$312. 50 Total Cost of Pollution=25 units Negext? 4 units pollution ? $1 =$ 100 Total Surplus=$ 62. 50+$312. 50-$100 =$275 e. The consumers and producers should bear the $2 tax respectively. Inverse Demand : P=18-15QInverse Supply :P=-2+15Q NEW Qd=90-5P NEW Qs=-10+5P Qd=Qs 90-5P=-10+5P P=10 Q=90-5(10) Q=40 units Refer to Graph 4, the market is in equilibrium when price is $10 and quantity, 40 units. However, the actual price paid by the consumers is $12 and the producers receiving price of $8. The tax revenue is $160. The consumer surplus is $160, producer surplus is $160, and total pollution cost is $160. The total surplus increases to $320. So, this policy is highly recommended because the increases of total market welfare that benefits all the society members.Graph 4 The Neget Market after government imposes tax. Price of Negext, $ Quantity of Negext, Units 40 0 10 Supply Demand 20 12 8 Tax Revenue=$4? 40 =$160 Consumer Surplus=12? $8? 40 =$160 Producer Surplus=12? $8? 40 =$160 Total Cost of Pollution=40? 4? $1 =$100 Total Surplus=$160+$160+$160-$160 =$320 f. When the cost of pollution is higher than $1, the total surplus decreases. The price paid by the consumer increases, the consumer surplus decreases. Then, it would affect the society well-being, especially the welfare of consumer is violated. This leads the consumers banning Negext.Moreover, if the production of Negext emit such high pollution to environment, the society should ban Negext for the safety and health of society. REFERENCES Smith, 2007. Chapter 6 answers (Online) Available From : http://www. coloradocollege. edu/Dept/EC/Faculty/Smith/EC2070102/chap_06answers. htm (Accessed : 16 July 2011) Wmich. Edu. 2010. Assignments In Class (Online) Available From : http://homepages. wmich. edu/~u5nwaogu/In%20Class%20Assignments/Inclass_3. pdf (Accessed : 16 July 2011) Mankiw, N. Gregory. (2007). Principles of Economics, 4th Edition. USA: Thomson South – Western. pp97-99, 559-562