Economics concepts Alfred Marshall

Law of Diminishing Returns The law of diminishing returns states that â€Å"an increase in one input without making adjustment to other inputs results in a reduction in the total output† (Talent, 2010). In the case of studying late in the night, time is the only input being increased. Concentration may diminish as a student extends study time without balancing other inputs.Advertising We will write a custom essay sample on Economics concepts: Alfred Marshall specifically for you for only $16.05 $11/page Learn More The situation is similar to that of occupying an office space, a desk, or student cubicle. With additional people using the unadjusted space, the working environment becomes congested for the student, or worker. Productivity is the average output per worker. Productivity may be lower but total output still increases because of the number of workers. First, the average output per worker declines (after the 5th worker), and then it reaches a point when an additional worker does not increase total output. Lastly, the total output starts to decline for any additional worker using the same space after the 11th 12th worker (Talent, 2010). In the working space situation, the only input being increased is the number of workers. The solution to a high level of productivity would be to balance all the inputs used by the workers. These include â€Å"working space, equipment, tools, and other resources† (Talent, 2010). In the workers’ case, other resources may include support, and motivation. We must be concerned about the right ratio of inputs to maximize productivity. Market equilibration process Market equilibrium is a condition in which consumer demand equals the quantity supplied. The point of intersection of the supply and demand curves is the market price. A shortage or a surplus may exist when the market is not in equilibrium (Talent, 2010). Market forces will adjust demand and supply quantities through the price to bring the market back to equilibrium. This is the natural process that is likely to take place unless an external influence interferes with the balancing process (Talent, 2010).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More A shortage of oranges results in orange farmers demanding a higher price. Producers include the additional cost in the final output. The consumer buys the orange at a higher price. In this case, a higher demand than supply results in higher prices. Higher prices adjust the demand to a new lower level (Talent, 2010). New findings about the benefits of orange juice increase consumer preference for the product. Demand increases because consumers want more of the discovered benefits. Manufacturers are motivated to increase prices because consumers have discovered an additional value from the product. Orange farmers motivated by high prices produce more oranges which may increase supply. Prices may decrease to a level that meets the equilibrium requirements. One can identify the existence of equilibrium when the shortage no longer exists (Talent, 2010). Understanding the shifts in demand and supply are necessary for business planning (Talent 2010). For example, a business can plan its pricing and production through inventories such as having a large stock when anticipating an increase in prices. Price elasticity of demand Price elasticity of demand â€Å"explains how far demand stretches in response to a change in price† (Talent, 2010). In the Pizza City business, revenues declined because of raising the price of pizza by $2 (Talent, 2010). When prices are raised, customers consider alternatives. Products that give customers no alternative are inelastic to price. Products that have alternatives are elastic to price. In the Pizza City case, customers can choose to buy from other restaurants with lower prices, cook their own food, or buy other products (Talent 2010). In the Hammerstein medication case, he has no alternative but to purchase the medication. The demand for medication is inelastic to price (Talent, 2010). For a particular company, it may depend on the existence of manufacturers producing a similar medication.Advertising We will write a custom essay sample on Economics concepts: Alfred Marshall specifically for you for only $16.05 $11/page Learn More For a product with an inelastic demand, the business should consider increasing revenues by increasing prices. For a product with an elastic demand, the business should consider increasing revenues by lowering prices (Talent, 2010). The coefficient of price elasticity is used to determine how much one should lower the prices to increase revenues. The coefficient is obtained by dividing the change in quantity sold by the change in price within the same period (Talent, 2010). Using absolute values, a product with a coefficie nt that ranges between 0 and 1 is inelastic, and a coefficient 1 is elastic. Calculating price elasticity of demand transcript The principle of price elasticity states that â€Å"the quantity demanded by consumers varies at different prices for different commodities† (Talent, 2010). The coefficient of price elasticity is used to determine whether to lower or raise a price to increase revenues. The formula involves dividing the percentage change in quantity sold by the percentage change in prices.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In the Pizza City case, prices were lowered from $10 to $9. Quantity sold increased from 100 to 140 pizzas a day (Talent, 2010). The percentage change in quantity sold is got by dividing the change in quantity sold by the average of quantity sold. Coefficient of elasticity = 33% divided by -11% = -3. This is relatively elastic to price changes because it is greater than 1 in absolute values. The interpretation states that an absolute value that is greater than 1 is elastic. Pizza City increased sales by 33% by lowering the price by 11% (Talent, 2010). Kurtis Jelly Donuts have a price elasticity coefficient of 0.28. It is relatively inelastic because it falls between 0 and 1 in absolute values (Talent, 2010). Kurtis Jelly Donuts should increase revenues by increasing prices. The coefficient of price elasticity is useful in making pricing decisions. Businesses should increase prices for inelastic products, and lower prices for elastic products to maximize revenues. Reference List Ta lent (Speaker). (2010). Diminishing marginal returns, productivity, production theory [DVD]. University of Phoenix. Talent (Speaker). (2010). Market equilibrating, supply and demand [DVD]. University of Phoenix. Talent (Speaker). (2010). Price elasticity, revenue [DVD]. University of Phoenix. Calculating price elasticity of demand [DVD]. (n.d.). University of Phoenix. This essay on Economics concepts: Alfred Marshall was written and submitted by user Thunderball to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Skinners Operant Behaviour essays

Skinners Operant Behaviour essays "Reproduction was itself a first consequence, and it led, through natural selection, to the evolution of cells, organs, and organisms which reproduced themselves under increasingly diverse conditions. What we call behavior evolved as a set of functions furthering the interchange between organism and environment." -B.F. Skinner, Selection by Consequences- Known to some as the most influential American psychologist, B.F. Skinner was born in 1904 in Susquehanna, Pennsylvania. Attempting to further psychology's quest for an accurate and comprehensive science of the mind, he produced some very rational and innovative writings; tackling problems that have stumped mankind since the beginning. We will examine his philosophies on the evolution of behaviour through selection by consequences. Around 1920, behaviourists seemed to have established what they thought made sense of human behaviour by composing them into two laws. The first explains the unconditioned reflexes that produce involuntary reactions by our bodies. Direct actions that bypass consideration, also known as biological wiring. The second law explained the phenomena of conditioned reflexes that, although aren't part of our original reflexes, can be learned and stored into memory. Similar to the first law but it included new reflexes such as Pavlov's dog salivating when the associated bell was rung. Although these laws made perfect sense, they were found to be lacking. They didn't, and couldn't, explain manifestations of new responses to old stimuli. How did they plan on explaining new inspiration or goal-oriented action of any kind if all we do is react in the same way to stimuli every time? How did a soccer player first conceive of trying to put a corner kick directly into the net if it had never been done before? How did Beethoven write music if he had no stimuli to respond to? Why did Ghandi go on a hunger strike if his natural response was to eat wh...

A part of an author's life that heavily influenced their writing Essay

A part of an author's life that heavily influenced their writing - Essay Example Sylvia Plath was born in Boston, Massachusetts in 1932(â€Å"Sylvia Plath Biography,† 2011). Her early life was marred with tragedy when, at just eight years old, her father died(â€Å"Sylvia Plath Biography,† 2011). Plath’s experience with her father’s death influenced many of the poems that she wrote as both a child and an adult. It was due to this realism that she incorporated into her written works that an eight year old Plath received a measure of success when she had her first poem published in The Boston Herald(â€Å"Sylvia Plath Biography,† 2011). Her poems and stories are said to be primarily autobiographical which illustrates that Plath lived by the motto of writing what she knew. Perhaps the best example of Sylvia Plath’s writing being influenced by her own life can be found in her most famous work The Bell Jar. This novella is about a severely depressed woman who seeks help from a psychiatric hospital. The main character ends up being able to conquer her mental illness by the end of book and appears to go on to live a happy life(â€Å"Plath, Sylvia : The Bell Jar†). The book is said to be largely autobiographical and many of the experiences that the main character has in the book are similar to those experienced by Plath who attempted suicide in 1953 and received treatment at a hospital in Massachusetts(â€Å"Plath, Sylvia : The Bell Jar†). The main character deals with common treatments of the time such as electroshock therapy and psychoanalytic therapy which mirrors Plath’s ordeal at the hospital(â€Å"Plath, Sylvia : The Bell Jar†). Plath dealt with chronic mental illness, and it was her own life experiences that influe nced this particular book as well as her poetry. The happiness that the main character in The Bell Jar displays at the end is likely wishful thinking on Plath’s part as she

Economic Inequality and Gentrification, Assignment Essay

Economic Inequality and Gentrification, Assignment - Essay Example On the contrary, the income of top 1% in the society has been rising, further widening the inequality gap. To compound the problem of the inequality, the cost of traditional avenues of self-improvement like higher education has been exponentially increasing. In 1978, a typical male US worker was earning $48,000 a year (adjusted for inflation) but by 2010, the median wage had dropped to $33,000. Meanwhile, during the same period, the average person in 1% top bracket was earning $390,000, by 2010, the amount has almost doubled to $1,100,000. Something must have happened in 1970’s (Chaiken , Silverstein & Kornbluth , 2013). In the film, Reich argues that in 1970’s, combination of anti-union legislation and market deregulation worked together to create an economic boom but less of the wealth trickled down to the middle class (Chaiken , Silverstein & Kornbluth , 2013). But the problem was noticeable as the women we entering the market and working hours were rising recouping the lost income. Furthermore, during the same period house prices were raising allowing people to borrow. Moreover, in 1970’s there was underinvestment in education. The tuition fees were introduced hampering any hope of higher education among many people in the middle class. One of the voice in the film, Nick Hanauer’s, billionaire, believes that he does not pay enough tax. Nick continues to argue that hammering the middle class, the main drivers of the economy is wrong. The middle class are the one who buy products and services, thus creating demand, which in turn leads jobs and more taxes. The economic system puts top 1% at the center of the economic universe as the job creator instead of the middle class (Chaiken , Silverstein & Kornbluth , 2013). There is also a need to make the poor a priority. The eradication of poverty policies need to be discussed and addressed on national platform. USA needs to re-think the main strategies that are being

Compare Social Control Methods Essay Example | Topics and Well Written Essays - 750 words

Compare Social Control Methods - Essay Example Additionally, Geert Hofstede’s Cultural Index has also been applied while making the comparative analysis of the societies under examination. Social control is viewed to be the system applied for regulating the activities of the individuals within a political set up. In simple words, it is the mechanism observed by the political authorities for the eradication of individual and collective criminal behavior and deviancy for the protection and welfare of the citizens. Actually crime is aptly stated as a social phenomenon that exists in every social establishment of the world since the known human history. Theories have been articulated and researches have been conducted in order to explore the reasons behind committing of crimes on the one hand, and devising the methods to purify the society from offences on the other. Though theorists suggest political, social, economic, psychological and ethno-racial motives behind the involvement of the individuals into offences of different kinds, yet no society could be able to eliminate such harmful activities from the very face of its culture. Somehow, different societies have established different social control methods for the maintenance of peace and order. ... 07: 231) Thus, fear of being cursed, rebuked, penalized and punished serve as powerful social control; the same is applied to Pakistan and Israeli cultures. Social, political and religious institutions including family, peers, church/mosque, classrooms, workplace, cultural values, religious faiths and law enforcing agencies are the methods of social control in the contemporary era. Pakistan is a south Asian Muslim state, where an overwhelming majority claims to be following the Islamic cult, laws and norms. Though the Pakistanis cite religious beliefs in everyday activities, yet they seldom observe these teachings in their true spirit. On the contrary, western statutes of law have been in vogue to formally regulate the activities of the people. Moreover, social norms, cultural values, taboos, traditions, customs and conventions are also prevailing as the regularity authority for the informal social control. These traditional institutions, including arbitrary councils work at local le vels, which are headed by the religious and political personalities, and determine the punishments for the law breakers. Hence, in the societies where the individuals observe strong family and tribal bonds, the crime rate observes significant decline. Social control theory aims to state that strong social bonds cause the inhibition of delinquency, whereas weak social bonds offer little resistance to offending. (Booth, Farrell and Varano, 2008:1) The same is the case with Pakistani society, where women involved into extra marital sexual union and adultery have fear of being killed at the hand of one or more male family members including father, brother, husband, in-laws and tribe. Similarly, provincial and linguistic affiliations and bonds forbid the people to inflict offensive attacks upon

Relationship Between Politics and Sport

Relationship Between Politics and Sport Throughout history, sporting events have always reflected the political and social events that have surrounded them. Canada is not an exception to this fact. Political events such as the civil rights movement, the women’s rights movement, and various sporting events such as the Olympics have had a large influence on the world of sports. During the civil rights movement, many African athletes began to participate in sports to help transcend racial barriers. Willie O’Ree, the first black player to ever play in the NHL, was one of the figures that could be compared to Martin Luther King Jr. Willie O’Ree played for the Boston Bruins and his career was reflective of the Civil Rights Movement. In fact, â€Å" †¦one night in Chicago, ORee was butt-ended in the mouth by a Blackhawks player, who, as ORee was picking up his teeth from the ice, stood over him uttering a racist remark† (Burnett, 2007). O’Ree took this kind of abuse for his whole career, an d even though he was the first black player to play in the NHL, it took 30 years for the league to invite him to a single All-Star game (Burnett, 2007). The hate he received was immense, and his calm and quiet demeanor allowed him to ignore the derogatory terms was being called and continued to help contribute to the movement. As the movement began to prove successful in the 1960s, black athletes began to flourish as well. Fergus Arthur Jenkins, an African Canadian athlete who played in the MLB throughout the duration of the movement, was the epitome of the effects the movement had on the world. He is one of the greatest pitchers of all time, and one the less known figures during the time period (Fergie Jenkins Foundation). The main reason why I say he is a representative figure of the movement is because his career began right after the passing of the Civil Rights Act of 1964. Because of the dates of each event are so close, it can be assumed that Jenkins’ career and the bill symbolized a turning point in history in which people of African descent would begin to be treated as human beings. In addition to Ferguson Jenkins, Harry Jerome was another African Canadian athlete that stood out in his field and was also a symbol of the struggle black people had to go through before receiving proper treatmen t from others. Harry Jerome was born in Prince Albert, Saskatchewan in 1940 (Barris, 2008). He participated in numerous races throughout his career and set records in the 100m dash and a variety of other events (Barris, 2008). In 1964, he â€Å"participated in the Tokyo Olympics and won a bronze medal in the 100m – dash† (Barris, 2008). This event was very significant as it represented the recent successes of the civil rights movement and his scar symbolized all the hardship that black people had faced as they pursued their dreams to be seen and treated fairly. The civil rights movement produced many athletes of African descent and they in turn represented the world – wide movement. Some of these athletes – Ferguson Jenkins, Willie O’Ree, and Harry Jerome – symbolized the movement and were leaders in their own way. During the women’s rights movement, many of the participants challenged the views of society and changed the world for the better through politics and sports. The Edmonton Grads were a dominant women’s baske tball team and served as a symbol of the progress women have made throughout the movement. â€Å"Beginning as a high-school team, the Grads ruled womensbasketballfrom 1915 to 1940, winning 93% of their games and 49 out of a possible 51 domestic titles† (Macdonald, 2006). The dominance the team had over the sport was relatable to the expansion of women into other fields. For example, as the Grads began to win, women began working and factories and drifting away from the stay-at-home wife stereotype that had held them down for so long. The Grads were also quite relatable to the Famous Five. Since they were playing a sport that was considered to be masculine and trying to challenge that view, the Famous Five were challenging the law that prohibited women from working. After the Dominions Election Act was passed in 1920, women gained the right to vote in federal elections (Massicotte). After this event many women athletes began to truly shine and stand out in their sport. One of the many woman athletes that produced incredible results was Lela Brooks. Brooks won multiple championships in speed skating (Ferguson, 2008). Although she had such a long career, she began to find success in 1923, which was just three years after the passing of the Dominions Election Act. Another successful athlete that flourished after the bill was Ethel Catherwood. She was a member of the 1928 Olympic team and won a gold metal (Barris, 2008). Although, if there was an individual that embodied the women’s rights movement, Fanny Rosenfeld would be that person. Rosenfeld is the most accomplished woman athlete in Canadian history. She was the â€Å"top-ranked female sprinter in Canada, she was also ranked number one in the long jump, shot put, and discus in 1925, and won Canada’s first Olympictrack and fieldmedal (a silver) in 1928† (Marshall, 2013). Throughout the 20s, she challenged the idea that some sports should only be played by men. Many commentators would often say that â€Å"women should stick to sports such as swimming† (Marshall, 2013). To combat this stigma, Rosenfeld played other sports such as hockey and basketball (Rosenberg). To reach the point where women had equal standing with men in terms of sports, many contributions were needed. Some of those major contributions were the Edmonton Grads, the Dominions Election Act, and Fanny Rosenfeld. Without these individuals and events, life would be different for women all over the world. Many sporting events such as the 72 summit series, the 1980 boycott of the Olympics, and the 2014 winter Olympics held in Sochi were all affected by politics. In 1972, Canadian players from the NHL would face off against Russia in an eight game series office hockey (Wilson, 2004). This series mirrored political events occurring at the time as it was not just ice hockey, but a way to decide which political views were more dominant. Russia wanted to prove that communism was superior to democracy, and this opinion was shared by all players on team Russia. On the other hand, Canada believed that they would prevail and prove to Russia that a democratic government was superior. As the games unfolded, Canada won by a single game but realized the threat presented by Russia. In addition, this series was also representative of the war occurring at the time as it took place during the Cold War. These games of hockey would not only decide which country was better at developing talent, but also w hich government was far more effective. In addition, The 1980 Olympics also brought the issues created by Russia out into the forefront. In 1979, Russia invaded Afghanistan, and this did not sit well with President Carter of the United States (Bigelow, 2014). Carter issued a warning to Russia declaring that if they did not leave Afghanistan and return home, the United States would boycott the 1980 Olympics (Bigelow, 2014). Instead of returning, Russia decided to stay and defy the wishes of the US. Because of this, not only did the United States proceed to boycott the event, but so did Canada and a multitude of other countries (Hill, 1999). Later in 1984, Russia decided to boycott the Olympics in Los Angeles (Hill, 1999). The actions taken by both countries were heavily influenced by the Cold War that was occurring at the time. In recent years, the Sochi Winter Olympics were reflective of the views of society and Russia’s out-of-date thinking. In the last decade, society has b ecome more accepting of individuals who do not follow the norm. For example, there have been states in America that have been allowing homosexuals to get married. In Russia, a law recently passed that â€Å"prohibits individuals from promoting homosexuality to minors† (Domi, 2013). This law caused a major uproar in America, and many people wanted a boycott. This desire led to various protests across the United States (Domi, 2013). This outrage also affected athletes as they all insulted the service provided by Russia while they were competing to help support the cause. Many of them took pictures of the dirty conditions they were living in and posted them on the internet, such as dysfunctional toilets. Over the last century, there have been many national sporting events that have influenced and reflected their political surroundings. History and sports go hand-in-hand. Political events such as the Women’s Rights and Civil Rights Movement have all had an effect on Canadi an competition. Even during events such as the Olympics, politics still manage to affect competition. This will continue to be true for the next few years, and the next century. Works Cited Barris, T. (2008, February 18).Ethel catherwood- the canadian encyclopedia. Retrieved from http://www.thecanadianencyclopedia.ca/en/article/ethel-catherwood/ Barris, T. (2008, March 24).Harry jerome the canadian encyclopedia. Retrieved from http://www.thecanadianencyclopedia.ca/en/article/harry-jerome/ Bigelow, W. (2014, February 17).The failed u.s. boycott of the 1980 moscow summer olympics. Retrieved from http://www.globalresearch.ca/the-failed-u-s-boycott-of-the-1980-moscow-summer-olympics/5369121 Burnett, T. (2007, December 14).Willie ORee: The first black NHL player. Retrieved from http://slam.canoe.ca/Slam/Hockey/News/2007/12/07/4713520-sun.html Domi, T. (2013, December 18).Obama rightly joins political boycott of winter olympics. Retrieved from http://america.aljazeera.com/opinions/2013/12/russia-gay-rightslgbtsochiwinterolympics.html Fergie Jenkins Foundation. (n.d.).Fergie jenkins biography. Retrieved from http://www.fergiejenkins.ca/site/biography Hill, C. R. (1999). The Cold War and the Olympic movement. History Today, 49(1), 19. Macdonald, C. (2006, February 07).Edmonton grads the canadian encyclopedia. Retrieved from http://www.thecanadianencyclopedia.ca/en/article/edmonton-grads/ Marshall, T. (2013, October 16).The history of canadian women in sport. Retrieved from http://www.thecanadianencyclopedia.ca/en/article/the-history-of-canadian-women-in-sport/ Massicotte, L. (n.d.).The evolution of the duties to be fulfilled by poll staff with regards to registration and voting on polling day and advance polling days, 1920 to 2012. Retrieved from http://www.elections.ca/content.aspx?section=resdir=cons/comp/evoldocument=introlang=e Rosenberg, D. (n.d.).Fanny bobbie rosenfeld. Retrieved from http://jwa.org/encyclopedia/article/rosenfeld-fanny Wilson, J. J. (2004). 27 remarkable days: the 1972 summit series of ice hockey between Canada and the Soviet Union. Totalitarian Movements Political Regions, 5(2), 271 280

Meaningless Lives in 7 Stories :: essays research papers

?If you remain imprisoned in self denial then days, weeks, months, and years, will continue to be wasted.? In the play, 7 stories, Morris Panych exhibits this denial through each character differently. Man, is the only character who understands how meaningless life really is. All of the characters have lives devoid of real meaning or purpose, although they each have developed an absurd point or notion or focus to validate their own existence. In this play, the characters of Charlotte and Rodney, are avoiding the meaninglessness of their lives by having affairs, drinking, and pretending to kill each other to enhance excitement into their life. Charlotte and Rodney are blind to the meaninglessness of their life because they avoid it by having an affair. They are the first characters introduced to Man in the play, and they go to this place to escape from their own corrupt marriages. ?A lovely picture of your lovely wife,? (pg.6) proves the tone of the situation, and the sarcasm in how much Rodney doesn?t care about his wife and family at home. ?I started having another affair. You can?t believe how complicated that is. Cheating on the man you?re cheating with,? (pg.42) as Charlotte expressed how bored she was wither own life, and that this was the only way that she could avoid her own meaningless life. Another way these characters avoid living their life is by drinking continuously, in a way to make the time pass by faster and forget. ?Haven?t you had enough? She loses count after 10 cocktails,? (pg.11) proving to the audience her own self denial, and how she wastes every day. Unfortunately, there are many, who in society today, do the same thing to get out of a situation they?re trying to hide or a difficult time they?re going through. This relates back to their affair which they?re obviously hiding and trying to get through this time in their life. Thirdly, Charlotte and Rodney pretend to kill each other to try to enhance and excite their boring lives. They use this technique as many people do in every day life to not show their true self, because they think that they will be more interesting this way. ?It gives him a tremendous amount of power to hear me gasping for air,? (pg.40) which shows how Rodney gets excitement into his life by this role-playing. ?The world according to Rodney. Life would be so ?

Managing New Product Development Essay

New product development requires organizations to facilitate cooperation and coordination between department boundaries within the organization. To facilitate this cooperation and coordination, organizations form cross-functional new product development teams to lead and manage the development process for new products. There are several variations that these teams can be formed and managed. New product development teams can be structured into four types: functional, lightweight, heavyweight, and autonomous (Schilling, 2008). In functional teams, members remain in their respective departments and report to their regular manager. In this type of team, members meet periodically to discuss the project. This type of team is usually temporary and team members may only spend a small amount of time on team projects (Schilling, 2008). In lightweight teams, members are still a part of their functional departments, as with functional teams, however, unlike functional teams, a lightweight team has a project manager and a dedicated liaison to facilitate communication and coordination between functions (Schilling, 2008). Heavyweight team members are removed from their functional departments and are collocated with a project manager. The project managers in heavyweight teams are usually members of senior management with significant authority to command resources. Under a heavyweight team, members are assigned full-time to the project. This helps ensure cross-functional coordination and communication (Schilling, 2008). Under autonomous teams, members are completely removed from their functional departments and dedicated full-time to the development team. In this type of team, membership is sometimes permanent. This type of team is headed by a very senior manager with full control over resources contributed from different functional departments (Schilling, 2008). Autonomous teams often create their own policies, procedures, and reward systems, apart from the rest of the organization. They are also held fully responsible for the success or failure of any given project. In many ways, autonomous teams behave as if they are independent decisions within the organization. This allows rapid and efficient new product development because they do not have to deal with organizational procedures, which could slow the development process (Schilling, 2008).There are many challenges managers face when  managing innovation. Alcatel – Lucent has a proven record of accomplishment with teams within the Bell Laboratories. Alcatel – Lucent prides itself on being the place where innovation, through vision and technology, intercept the needs of its customers from incubating start-up projects to performing fundamental and applied research. Bell Labs is the engine behind innovation at Alcatel – Lucent designing products and services that are at the forefront of communications technology. More than any other institution, Bell Labs has been at the forefront weaving technological fabric of modern society (Alcatel – Lucent | Innovation, 2006 – 2010). Their scientist and engineers have made seminal discoveries, launched technical revolutions that have reshaped the way people live, work, and play. They have built the most advanced and reliable communications networks in the world. Bell Labs has helped Alcatel – Lucent take the lead in shaping tomorrows broadband networks powered with service intelligence at every network layer (Alcatel – Lucent | Innovation, 2006 – 2010) Bell Labs enjoys a rich tradition of inventions and innovations that have fundamentally changed the way people communicate and share their lives. Bell Labs utilizes an autonomous team format that recognizes both multiple dimensions of research as well as cross-discipline (cross-functional) interactions are critical to the innovation process. Bell Labs scientific disciplines include mathematicians, algorithmic scientist, physical scientist, nanotechnologist, software and computer scientist, and many other specified scientist and researchers (Alc atel – Lucent | Innovation, 2006 – 2010). Bell Labs research culture can be summed up in two words: innovating innovation. They are continuously reevaluating, reassessing, and improving how its research contributes to Alcatel – Lucent. Its scientist are a flexible group with a commitment to venturing new paths and seeking out new approaches to product development (Alcatel – Lucent, 2010). At Bell Labs, there is a culture of innovating innovation that is based on two key criteria: a critical mass of scientist and an entrepreneurial persona. The critical mass of diverse scientist and engineers generate big ideas and work through those ideas from multiple angles, allowing them to approach complex issues from a variety of perspectives and integrate those perspectives into groundbreaking new products and services. Their adoption of an entrepreneurial persona ensures that some of the most promising near term research assets are driven into  the business and carried into the market. This process allows Bell Labs res earchers work together to direct research insights and innovations into commercialized products and validate them in the marketplace (Alcatel – Lucent, 2010). Bell Labs is a research organization with a unique and diverse set of expertise that stretches across a wide gamut of scientific disciplines that has played a major role in some of the most revolutionary inventions of the last hundred years. It is an organization that has left huge footprints on the communications landscape and continues to explore new paths in unchartered territory (Alcatel – Lucent, 2010). Over the next five to ten years, Bell Labs and Alcatel – Lucent will continue to be at the forefront of telecommunications solutions and innovations. There market position will only improve with new breakthroughs in communication devices that provide the best solutions for today’s enterprises and governments. References Alcatel – Lucent | Company Overview. (2006 – 2010). Retrieved April 30, 2010, from Alcatel – Lucent – About Us: http://www.alcatel-lucent.com/wps/portal/AboutUs/Overview/?lu_lang_code=en Alcatel – Lucent | Innovation. (2006 – 2010). Acatel – Lucent | About Alcatel – Lucent Innovation. Retrieved April 30, 2010, from Alcatel – Lucent – About Innovation: http://www.alcatel-lucent.com/wps/portal/!ut/p/kcxml/04_Sj9SPykssy0xPLMnMz0vM0Y_QjzKLd4w3MfQFSYGYRq6m-pEoYgbxjgiRIH1vfV-P_NxU_QD9gtzQiHJHR0UAAD_zXg!!/delta/base64xml/L2dJQSEvUUt3QS80SVVFLzZfQV9CVEg! Alcatel – Lucent. (2010). Innovating Innovation. Retrieved July 6, 2010, from Bell Labs | Alcatel – Lucent: http://www.alcatel-lucent.com/wps/portal/!ut/p/kcxml/04_Sj9SPykssy0xPLMnMz0vM0Y_QjzKLd4x3DnAFSYGYRq6m-pEoYgbxjggRX4_83FT9IH1v_QD9gtzQiHJHR0UAZYL6lQ!!/delta/base64xml/L3dJdyEvd0ZNQUFzQUMvNElVRS82X0FfNDND Schilling, M. A. (2008). Strategic Management of Technological Innovation, 2nd ed. New York: McGraw-Hill Irwin.

Mechanical Engineering essays

Mechanical Engineering essays Since I can remember I have always been interested in automobiles. When I was young however I wasnt to sure how I wanted to use that interested and make a career out of it. I juggled around a few ideas: bus driver, gas station employee, taxi driver, etc. It wasnt until I got older however that I realized how low down those jobs were. So I looked around to find a higher-class job that paid more money. My older brother mentioned to me about Mechanical Engineering and designing cars. Of course that would be the perfect career for me, decent pay, easy job, and for me it would be an enjoyable job. Besides designing cars a Mechanical Engineer can do many different jobs. Their takes may include researching, developing, designing, manufacturing, and testing mechanical devices, such as engines, machines, and other mechanical devices. Many times Engineers of this field will use computer programs like CAM and CAD to help them design many of their projects. There are several Engineers working in agriculture, transportation, manufacturing, and government positions. For a person to get into this field it is usually required to go to college for four years or more depending on the exact position you would like. People going into this career path need to have skills in math, science, and be able to work well with you your mind. People in this field need to be able to solve complex problems as well being able to apply math equations. The job outlook from now til 2010 is to grow as machinery becomes more complex and harder to understand. In 2000 Mechanical Engineering held about 221,000 jobs. Most of the positions held were in the manufacturing industry. As far as salary goes it depends on experience and education. It is usually necessary for you to have 5 years experience making it hard to get into this career field. Bachelors degree 48,426, masters degree 55,994, and Ph.D. 72,096. The average salary however ...

Determine Number of Protons and Electrons in Ions

Determine Number of Protons and Electrons in Ions The number of protons and electrons in an atom or molecule determines its charge and whether it is a neutral species or an ion. This worked chemistry problem demonstrates how to determine the number of protons and electrons in an ion. For atomic ions, the key points to keep in mind are: A neutral atom has the same number of protons and electrons. This number is the atomic number of the element.A positively-charged ion or cation has more protons than electrons. The proton number is the atomic number of the element, while the electron number is the atomic number minus the charge.A negatively-charged ion or anion has more electrons than protons. Again, the number of protons is the atomic number. The number of electrons is the atomic number added to the charge. Protons and Electrons Problem Identify the number of protons and electrons in the Sc3 ion. Solution Use the Periodic Table to find the atomic number of Sc (scandium). The atomic number is 21, which means that scandium has 21 protons. While a neutral atom for scandium would have the same number of electrons as protons, the ion is shown to have a 3 charge. This means it has 3 fewer electrons than the neutral atom or 21 - 3 18 electrons. Answer The Sc3 ion contains 21 protons and 18 electrons. Protons and Electrons in Polyatomic Ions When you are working with polyatomic ions (ions consisting of groups of atoms), the number of electrons is greater than the sum of the atomic numbers of the atoms for an anion and less than this value for a cation.

Assignment 3 for CLS325 Coursework Example | Topics and Well Written Essays - 1000 words

Assignment 3 for CLS325 - Coursework Example This paper attempts to present the strengths and weaknesses of the two methods. The text-centered method of analyzing culture is considered as imperative in studying social context. Norman Fairclough explains that the theoretical basis for this concept is based on the fact that text itself is the product of people’s perspectives on the society in which they belong. He also points out that â€Å"texts constitute a major source of evidence for grounding claims about social, structures, relations and processes.† (209) In relation to the aforementioned points, it is, therefore, clear that texts serve as effective means of achieving a profound understanding of culture and society. On the other hand, these also serve as powerful instruments of shaping or influencing culture and society, in general, as well. However, there is an apparent weakness in just limiting the analysis of culture and society according to what the text provides. The text itself may not be able to provide an accurate impression unless this is related to the actual conditions that surround it. According to Urpo Kovala, â€Å"the first characteristic of cultural analysis of texts†¦ is that textual analysis be contextual.† (Cultural Studies and Cultural Text Analysis) It is by getting a more comprehensive picture, which may include knowing the author of the text and the personal and social conditions which he or she is in, that a better appreciation of the textual work produced is achieved. The text should, therefore, not be taken as it is but should be related to the context in which it was made. In this regard, its relevance or irrelevance should be understood through the reception of the readers or the receivers. Otherwise, textualism or the text-centered method could be outright weak. The weakness of the text-centered method of analyzing culture is that it tends to be detached from other conditions that may actually be related to the text itself. By merely relying on th e text and disregarding the other aspects that may have influenced its deliverer or creator, analysis becomes vulnerable to one-sidedness and, ultimately, inaccuracy. The reaction of the audience, which is important in determining the practical relevance of the text, also tends to be disregarded when making a text-centered analysis. This inherent weakness of textualism is the reason why Douglas Kellner suggests three aspects to consider in employing a text-centered method in analyzing culture. These are the â€Å"production and political economy of culture; textual analysis and critique of its artifacts; and a study of audience reception and the uses of media/cultural products.† (Kellner 8) All three must be taken into consideration when analyzing culture using the text-centered method. It must be noted that Kellner already mentions the significance of audience impression. Therefore, in an attempt to overcome the weakness of the text-centered method, some concerns that center s on the audience has to be applied. Hence, the method actually loses its being absolutely text-centered. In New Keywords: The Revised Vocabulary of Culture and Society, Terry Threadgold correctly sumps up the point that â€Å"the text is engage in a continuous play of meaning across the field on intertextuality†¦ at the very least, the meaning is mobile, dispersed, and plural, since any text is always subject to the incessant movement of recontextualization.†

New Product Development Essay Example | Topics and Well Written Essays - 6500 words

New Product Development - Essay Example This has been done with a real life case study in a country as diverse as India, which is on the platform of achieving full fledged development. In India, with the booming rate of the rupee, as well as widespread exposure owing to the information technology and BPO boom, there has been a concerted effort on behalf of producers and manufacturers from various quarters to create new products targeted at the segment that now has more and more disposable income at its disposal. In this regard, I would like to point out that there is a lot that I have learnt from this seminar and the lectures contained in it. This knowledge has helped me greatly while doing this paper. One of the chief things that I have learnt revolves around the conception of competitive advantage in context of the new principles of demand and supply. This has helped me develop a broader perspective. Accordingly, I have been able to apply the principle of a variety of factors of production to a variety of fields. In doing so, I have been able to zero in on an apt field from which I have chosen a case study for this paper. Further, throughout this seminar, we were taught by way of experience and research which greatly helped me in the construction of concept cards and helped me demonstrate some amount of creativity. In this regard, the seminar has been a great help in helping me determine how a market is influenced by various kinds of products and how a new line can affect a brand's standing in the process. This seminar has also greatly enhanced my understanding of the process of the new product development and the various nuances that are attached with the same. Through the course of this seminar and this paper, I was given ample opportunities to implement everything that had been taught during the classroom sessions and lectures. This helped me identify the gaps and how the same may be bridged in real life situations. In doing so, I have realised how important research is in every field of study. This will be reflected in the description of the case study I have used in this paper. Apart from the points that I have made above, I would like to mention that this seminar has helped me come to terms with my ambitions as a business students. I have been able to do so by understanding and studying my strengths and weaknesses and applying the same to my preparation work for and actual completion of this paper. The teachings of this seminar will remain with me in everything that I undertake and every venture where I am a participant. Personally, this seminar has helped me understand my actual standing as far the achievement of my goals are concerned, and this in turn has given me the scope to take on any new venture with greater confidence. I would also attribute the same to the level of knowledge I have achieved and hope that the same is reflected in this paper. Introduction The world of commerce in this era is one where there is an amalgamation of a global market place as well as the theories of competitive advantage with the strong backing of innovation. Any marketer or producer in this modern market place needs to adhere to these practices and theories in order to gain any measure of success, whether small or big. Before delving any deeper into the paper, let us fist consider the elements of the modern world