Essays on Auctions

There are numerous benefits of Internet auctions to sellers, buyers and market makers in an auction.

Internet technology has changed the manner in which business can be conducted, online auctions allow users to participate in online markets without the limits of time or geographical location. This nature of doing business online is flexible; just with a computer device and internet connection, users can buy products online cost- effectively, this platform has a lot of advantages and a few disadvantages.

Advantages include:

A physical location is not necessary The products being sold in an online auction do not require a physical location, it is possible to manage the inventory online. Once a sale has been done, then the ...

Question #1

Taking into account that we have a business where units take time to produce and storage is expensive, we need to identify where a huge number of these units can be produced and stored in order to keep up with the future demand . However, it is not possible to do this, since storage cost is significantly high. Hence, the total cost is directly proportional to the storage cost. Companies are doing everything possible to reduce the total production cost according to the theory of inventory management. Companies are also facing lost sales if the demand unexpectedly goes up and ...

In the early years of the auction it is found to have been rapidly gaining momentum, turning out the ordinary "flea market" into serious "B2C" portal, where customers have both legal and natural persona. Its main advantage was that this auction did not charge commissions while their contemporary competitors i.e. auctions charged 30% of the transaction value. After AuctionWeb had become the most popular auction in the US, Pierre Omidyar realized that this business strategy has reached its conclusion. After the business maintenance costs began to grow, he decided to introduce a fee of 6% of the value of ...

In the early years of the auction is rapidly gaining momentum, turning out of the ordinary "flea market" into serious "B2C" portal, where customers have been both legal and natural persons. Its main advantage was due to the availability of the complete absence of commission. Other auctions at that time took about 30% of the transaction value. After AuctionWeb had become the most popular auction in the US, Pierre Omidyar realized that this business becomes complete. After the business maintenance costs began to grow, he decided to introduce a fee of 6% of the value of the goods. The ...

Identifying the Object

The Mondrian dress is a red, blue, white, and yellow dress that shows the integration of art and fashion. One of the renowned French designers, Yves Saint Laurent, designed the dress in the winter of 1965-66 and made it his signature piece. This illustrates that the integration of art and fashion is an old concept, and it remains significant today. The Mondrian dress takes the form of the 1960s modified form of a sack dress, and Laurent utilized the color blocks. Inspired by the contemporary artists of the Mondrian art movement, Laurent incorporated the flat planes derived from 1960s’ ...

In the world today, cars have become one of the basic commodities that people cannot live without. This means that many people across the globe have increased their desires and likelihood to buy cars for themselves and their families, meaning that the car business has flourished across the world. Not every country manufactures car, but the most commonly countries that do manufacture sell them to other countries. Japan distributes both new and used cars to any willing country, and Tanzania is one of the trusted dealers that import them to sell to Tanzanian people as well as other willing ...

Identifying the Object

The Mondrian dress is a red, blue, white, and yellow dress that shows the integration of art and fashion. One of the renowned French designer, Yves Saint Laurent, designed the dress in the winter of 1965-66 and made it his signature piece. This illustrates that the integration of the art and fashion is an old concept, and it remains significant up to date. The Mondrian dress takes the form of the 1960s modified form of a sack dress, and Laurent utilized the color blocks. Inspired by the contemporary artists of the Mondrian art movement, Laurent incorporated the flat planes ...

India

India is located in Southern Asia and has Bay of Bengal in East, Arabian Sea in West, Himalayas in the North, and Indian Ocean in the South. The population of India in 2016 reached 1.32 billion, making it the second most populous country in the world (Worldometers). Primary crops produced in India are rice, wheat, millets, maize, pulses, sugarcane, groundnut, tea, coffee, rubber, cotton, and jute. The top industries of India are textile, tourism, chemical, engineering & machinery, transportation, IT & ITES, banking & insurance, real estate, agriculture, and retail and wholesale (Rawat). The per capita income of India in FY 2015-16 ...

Introduction

Occupation health and safety is a discipline focused on minimizing injury and mitigating risks in the workplace. The underlying principle fostering the increased popularity of this concept is that safe and healthy work environments increase efficiency and productivity. When workers get protection from injuries or diseases arising from work activities, they can focus on their tasks and enhance the productivity of the workplace. OHS can offer protection to family members, co-workers, customers, employees and all others who can get affected by the work environment. In some cases, when an employee suffers an injury, some other people who depend on ...

For this paper, the commodity selected for analysis is tea. The paper will examine the team market on a worldwide basis in terms of supply, demand, price history, market structure, and other relevant economic aspects relating to the commodity. According to World Atlas (1), tea is the second most popular beverage in the world. This implies that there is a huge supply and demand for tea globally. Globally, tea is a major import and export commodity. In most markets such as Kenya, India, and Sri-Lanka, sellers sell their commodity through tea auctions and exchanges. Sellers and buyers organize these ...

Comparison

The essay compress and contrasts "Hot Still-Scape for Six Colors- Seventh Avenue Style" (1940) by Stuart Davis and "The Liver Is the Cock's Comb" (1944) by Arshile Gork. Both artworks represent the art movement known as Abstract Expressionism, which grew strong during the 1940s and 1950s in New York. Expressionists strived for individual freedom in their art. The same can be said about the two painters Arshile Gorky and Stuart Davis, who mastered their skills to express what they felt and observed. The paper will compare the two artworks by various elements of art. 1 1 Looking at both ...

11th of May 2016

Chinese Contemporary Art. Art Galleries.

Introduction

The emergence of art galleries of contemporary art in China of the XX century, and their rapid growth was due to strong public interest in the arts, new creative trends and evidence of qualitative changes in the perception of contemporary art by the audience. This modern audience with its subtle psychological systems and the pursuit of individual forms of creative empathy brought to life and established art galleries in the cultural space of China. There were no fundamental theoretical developments in the history of the gallery business and the organization of art galleries in ...

Abstract

It can be exciting to create a subway car print campaign for a brand such as Nike. There are so many elements that go behind the design of the artwork and loads of creativity. The essay looks at the designing of a subway car print campaign for Nike as Herbert Matter, the designers. The design would focus on the elements used by the designer in his work and the way he used images fonts and graphics in his compositions. The print campaign will take inspiration from his works and will be based on his thought process. It should be ...