Essays on Expectation

Body Mass Index

Body Mass Index (BMI) Introduction Historically, the use of the Body Mass Index (BMI) has been the standard method of measuring obesity among the adults. The standards of BMI were created using population samples, which were calculated from the measurement of the weight and height of Caucasians. Recent research has proved that BMI alone cannot be an appropriate way of measuring obesity. The main reason for this is the differences in ethnicity and the genetic make-up of individuals. The National Center for Health Statistics (NCHS) has evaluated the trend of the BMI and the result is that the African ...

Perhaps one of the most commonly known rights guaranteed by the first ten amendments to the Constitution is the Fourth Amendment’s “right of the people to be secure in their persons, houses, papers and effects against unreasonable searches” (U.S. Const. amend IV). Interestingly, while the meaning of the term “unreasonable” might seem intuitive, the Framers of the Constitution did not provide a specific or detailed definition of it. However, after the Supreme Court; relying on the fact that Article III of the Constitution vested the Court with the judicial power to “all cases” that arise under the “Constitution, ...

A collaborative workspace is a shared workspace in an environment that is interconnected, and all individuals in different locations can interact with each other (Garrett 14004). A collaborative workspace can be remote through internet connectivity, or it can be a case of the various individuals meeting the expenses of a joint working space.

Types of Co-Workspace

There are different types of collaborative working spaces that are dependent on the work that an individual wants to do in that space. A total office is usually a dignified office space commonly used by lawyers, accountants, and public relations agents (Tynjälä 134). A startup ...

The epistolary novel and intimacy are often branded as synonymous terms. The Coquette initially aligns itself as simply an epistolary novel, as the controlled expression of the writers, and limited point of view, offered by the letter form, allows the two leading men to reveal their true thoughts, whether they are the suddenly untempered passions of Reverend Boyer or the duplicitous libertinism of Major Sanford, in a limited and controlled way. However, the often stark contrast between these written confessions and other characters’ perceptions of the writers gives the reader a sense of intimacy, and involvement, in spite of ...

Software engineering over the past decade has seen a tremendous drop in their level of professionalism. Risk factors associated with the decline in professionalism level are poor software qualities, a high cost of software development, failed deadline, poor implementation, poorly coordinated stages of software development, lack of proper staff motivation, and low return on investment. More surprisingly, a lot of unqualified and inexperienced software developers regularly are being hired to run software development at the expense of qualified software developer who has abandoned the industry and left to ruin. Statistics indicates that over 80 percent of software developments projects ...

A private club refers to any type of a club that is limited to private members thereby implying that it is not open to the public. It brings out the difference between a private club and a restaurant where the restaurant is open to anyone who can pay the menu process while the club is limited to private members (Davis et al. 34). The customer base is comprised of the registered members in addition to guests or new members, who have been accepted by board members after being recommended or sponsored by an existing member of the club. After ...

Re:

Introduction

In 2000, the Chief Executive Officer (CEO) of Qwest, Joseph Nacchio, was charged civil and criminal liabilities after it has been found that he violated the provisions of GAAP against fraud and insider trading. He was sentenced to six years in prison in 2007 and was slapped with a $19 Million fine and a forfeiture order for proven illegal stock sales transactions worth $52 Million. In this memo, the author discusses the different aspects of Qwest’s case, emphasizing the role of GAAP and the PCAOB.

The Generally Accepted Accounting Principles (GAAP) refers to a standard framework of ...

Samsung Company is one of the best company selling phones and other technology items. It has been operational for several years thus serving a large number of consumers worldwide. Recently, I happened to meet with the head of the marketing department, sales representative, marketing representative and agents as I was taking the consultation task. The aim was to understand the challenges facing the marketing department as they market their products across the country. The consultation was necessary to help point out the gaps facing marketing department and implement strategies to address the gaps for better performance in the market. ...

Parties: Charles Katz (Defendant-Applicant) v. United States (Plaintiff-Respondent)

Facts: Katz had long been suspected by police to be involved in the local illegal gambling scene. In an effort to obtain credible evidence of his illegal activities, the police placed Katz under surveillance (Katz v United States, 1967). That surveillance revealed that Katz liked to use a particular phone booth, which police suspected Katz used to place bets. Consequently, the police attached a “big” or listening device to the phone booth in order to record Katz’s conversation and hopefully obtain evidence against him. The bug was able to record Katz making bets and the police used those ...

The paper will highlight the research question as it guides the whole paper on how it should be written. It forms the basis and foundation of the answer to the entire paper and acts as a guide to the study. Hypothesis-it will give the explanation of the government actions based on the level of evidence presented from the primary and secondary sources which will allow the study focus deeply on the further investigation of the topic. Methodology-this part will address the methods the researcher will use throughout the study to discuss the main body and answer the research question ...

Introduction

An organization is regarded as an entity that is made up of people with a collective objective and is connected to the external environment. Hence, a business organization is a group of people collaborating to achieve a commercial objective (Handy, 2005). Toyota Motor Corporation is a Japan based auto manufacturing company with its headquarters in Toyota, Aichi. The company was ranked as the 13th largest in the world in terms of their revenue. It was the largest automotive manufacturer in 2010 ahead of the Volkswagen group and the general motors in terms of their production. The Toyota motor company ...

In this critical thinking essay, we are going to describe a possible variant of how to deal with problems with suppliers. The main task is to provide the best solution to the existing problem and maintain professional relationships with the supplier company. In order to provide the reasonable solution, we are going to brainstorm on the following areas – goals, trades, alternatives, relationships, expected outcome, consequences of winning or losing, power, possible solutions. The task of a project manager is to deal with all the aspects of company’s relationships. Jim Lewis defined a project manager as a person who ...

Motivation is important in any marketing segment because it stimulates the behavior of consumers. The tension of a need that is not satisfied initiates the motivation process. Marketers should understand the motives that influence consumer behavior so that they can easily convince them to purchase their products. The process of motivating the consumers is not easy because people have different needs, motives, and personalities. The marketers should strive to understand all these aspects for the success of the business. This paper will discuss various challenges and difficulties that the marketers encounter as they try to motivate the consumers. It ...

Introduction

Strategic planning can be defined as the process by which an organization creates a guiding document used in directing a business from its current position to meeting its future goals in the most efficient way possible. Therefore, the tool helps the management to identify the current traits of the business and generates a vision that indicates the future goals of the firm. Strategic planning assists in determining the strategy through which future goals of the company can be met. It is worth acknowledging that strategic management is an important tool used in the management of health care organizations. The ...

Performance Management Process

Performance management is considered to be a continuous process that entails evaluating past performance, learning from it and identifying what can be done to enhance operation efficiency as well as add value for shareholders money. It is a process of planning, monitoring, and evaluating employee performance concerning his contribution to the organization to realize organization success (Robbins & Judge, 2013). An effective performance management strategy should mainly revolve around matters of accountability and directness. There are many elements to consider when to develop a robust performance management plan (Adler, 2011). Lumenpulse has gone a long way to establishing several mechanisms ...

The recent Brexit vote has brought about a number if tensions associated with membership in the European Union and a common European economic area. It has also put into serious question the European Project started in the post-World War II era. Please argue for or against Britain being a member of the European Union. Be sure to cover five broad areas of disagreement economics (Benefits/ Costs), political (Benefits/ Costs), Labor market (who wins? Who lose), social (costs/ benefits), and issue ofan identify? Britain a second-largest economy after Germany is a member of the European Union, has taken up a ...

International Human Rights Law and Prisons in Africa

Term Paper 4500 words

Introduction

The International Centre for Prison Studies’ World Prison Brief, in its report suggested that over 10 million individuals are formally incarcerated in prison and correctional facilities around the world. According to the same Brief, even more are held in either military facilities where they are detained or in security or police facilities without any specific legal process underway. There are three categories that the United States’ (U.S). Government has for humanitarian and human rights concerns as they relate to these individuals who are housed in a detention facility that is; 1. unsafe in terms of ...

When a company dismisses the employee either permanently or temporarily for several reasons, then it is called layoff. In the past, the term layoff was understood for the temporary dismissal of the employees but nowadays it also includes the permanent dismissal. There can be several reasons for temporary dismissal of the employees like economic conditions, economic cycle, production shifts and several other reasons. The employees who are temporarily laid off can join the organization back when the situation improves, or their behavior improves as per the organization requirement. Seasonality nature of the work can also cause the temporary layoff. ...

Chapter 1: Introduction 3

Chapter 2: Financial Performance and Position of TESCO 6 Chapter 3 Financial Management Policy 14 Chapter 4 Investment Strategy 18 Chapter 5 Valuation of TESCO 22 Chapter 6 Conclusion 26 Abstract The present report provides critical analysis of financial positioning of Tesco Plc. For this, the financial data has been gathered for past five years as well as its competitors to critically assess financial positioning of Tesco in the retail industry. The reports highlight the recent issues of Bretix which has significantly impacted economic conditions of the United Kingdom leading to declining the consumer confidence because of triggering inflation. ...

Marketing metrics are those measures and parameter that make a quantitative assessment for measuring, comparing, monitoring, analyzing, and tracking organizational marketing efforts with respect to production and performance. Marketing analysts use marketing metrics for comparing their performance with different companies despite the variation between their business size and nature. Marketing metrics play a crucial role in facilitating an organization in order to measure its performance against its predefined organizational goals. Although there are an extensive array of marketing metrics available, but Mitch-Mil has decided to use the following metric in the relative marketing categories with respect to their relatively ...

Introduction

The Petrochemical industry in the ministry of energy has been focusing on the oil prices change and how it influences the economy. The oil demand comes from the petrochemical industry whereby energy generation helps in manufacturing and production industries. These industries help in economic transformation through improving country’s GDP. As the source of energy, oil in the petrochemical industry has been influenced by inflation and unemployment, interest rates and exchange rate. These factors influence the government spending, hence affecting the importation of oil from the producing countries such as Saudi Arabia. The oil prices as a result of ...

Introduction

The primary objective of this report is to analyze the concept of flexible working and psychological contracts. Also, it aims at evaluating the influence of flexible working in an organization. The first part covers literature review of psychological contract and its impacts on business performance. Psychological contract is a notion that the employee and employer have a mutual relationship whereby both have expectations. According to CIPD (2016a) flexible working is whereby the employees have a degree of flexibility on work schedules such as working four days a week, part-time work, job-sharing, and annual hours. Flexible work improves retention and ...

The case Thompson v. North American Stainless, LP addresses the scope of the retaliation provision under Title VII that enables protection for the employees against the illegal actions of the employers. Title VII of the Civil Rights Act of 1964 permits retaliation cases in order to decrease the exposure to the discriminatory activity in actions of the employees. Meanwhile, this article states that the retaliation should be understood as the situation when the employee of the firm was fired or reassigned as well as he was deprived of the certain range of the benefits if the employer considered them ...

Introduction

Technology developments have rendered the question of employees’ rights including the right to privacy more and more complex. In itself technology allows employers numerous avenues of surveillance into the conduct of their employees while it also allows the employees numerous ways of engagement and is an inevitable part of their lives. The temptations for employees check out their social media sites and engage in online chatting is also increasing the more these technologies come up. While employees may protest that their rights are being violated by the employer, there are numerous laws that safeguard the interest of each party. ...

Business Ethics – Liberalism

Introduction Liberals and conservatives always argue in political and economic matters. This split has its root in many aspects of society including the conduct of modern businesses and business ethics. Business ethics refer to the proper business practice and policy regarding a potentially controversial issue. The purpose of this paper is to examine the concept of business ethics in detail and review how liberal (utilitarianism) and conservative (deontological) ideologies come together to shape business ethic problems.

Every business provides a solution to the society. Thus, organizations take inputs from the society, process it and offers it to the public ...

Organizations apply the analysis of break-even to make price decisions of their products, understand the costs that are involved in the production, and make a decision on the volume of sales achieved that can make the business profitable. In this plan of activities, Mission Hill Wine made total sales of its wine at $12, 500 in 2015 and incurred a variable cost per unit of $700 and a fixed cost of $ 8million. Therefore, the break-even would be determined as: In terms of units, BEP = 8,000,000/ (12,500-700) = 678 units. In terms of sales, BEP =678 units*12, ...

Internship Report

As far as I am an intern in the company, the learning process has taken the course as I have had two field trips to collect data about customer views of the company’s products. Being new to this place has been a challenge but am happy about the teamwork. All employees that I have had an encounter with have proved that they are ready to learn from others. This makes them friendly to me as an intern. They help where necessary for the good of the company. Learning is a process and has already taken the course. Various ...

What are your thoughts on Nietzsche’s ideas about exuberance?

Nietzsche has a valid point, while there are moral lines that one should never cross, such as murder and rape. This is because if there were not some kind of line drawn humankind would debase themselves like animals, seeking only their own pleasure and desire to the detriment of others. Even though the idea of a soul existed long before Christianity, there was no concept of a heaven. The closest that any pre-Christian religion came to was the Elysian Field in the Greek and Roman religions. The Elysian Fields were a place that very few people went to as ...

Question 1: Maximum number of people handled per hour

The current framework can be said to be limited in terms of the number of applicants that are handled by the six clerks in the renewal process at the department of motor vehicles. This is based on the limitation of time being the variable that the quality depends on for operations. In fact, the current performance in terms of licenses process is way below the recommended one by the regional director. Identifying with a single license renewal, the time that one will take to go through the quality checking process can be totaled up by the sum of the ...

Business Ethic Discussion

Q1: Explain and distinguish the two definitions of privacy. Response Privacy can either be defined as the right to ‘being alone’ and as the right to control information about oneself (Hartman, 2001). In a workplace experience, it is not easy to provide the first definition of privacy, being alone. Hence, there was the need to redefine the term. Having privacy will mean that an employee has the right to own personal information without interference from the second party. Therefore, it is never that easy for one to be alone to ensure privacy but they can have the privacy of ...

I. Abstract The study aims to explore and determine the importance of philanthropic marketing in business strategy with the help of understanding its concept in the literature as well as assessing the real world practice of the organizations. The philanthropic marketing is one of the new and most focused approaches in the field of marketing that is aimed to incorporate the business strategy in the social interest and welfare. Manulife Cambodia is the insurance company in Cambodia that is mainly involved in community involvement and development using philanthropic marketing techniques such as donations to the schools, welfare of women ...

Employment law has a multitude of purpose in defining the relationship, agreement, and legal obligation of employers and employees. According to Edwards and Robinson (2012) employment law is the negotiated relationships between employees and employers”(p 4). These negotiations highlight acceptably terms related to occupation, expectation and contracts that showcase the roles, responsibilities, and task completion of employees, as well as the wages, salaries, safe workplace, and other expectancies from the employer. Aside from expectation, there are legal ramifications that employers must follow on a federal and local level. For the sake of this paper, the federal level will ...

“Diversification eliminates unique risk. But there is some risk that diversification cannot eliminate”

Diversification of portfolios is one of the effective ways to minimize the risks and increase the returns. However, it is acclaimed that there are certain risks that cannot be eliminated. These risks are called market risks that cannot be overcome through diversification of the portfolio. There are several theories that stress that the diversification of portfolios should be used to bring stability in its returns and lessen the risks. Systematic risks or market risk emerged because of the changes in the economic cycles of the market that are influenced by various factors and activities taken place in the economy ( ...

I had an experience with Panay. Panay was able to close a deal without running into any problems, but we need to do a dealer trade for him. His customer kept asking when the car would be delivered. I told the customer, I did not want to promise the delivery time because I want to set the right expectation for my customer. I had an experience with a salesperson last week; he told me he would finish all of the 24 hour follow-ups by the end of the day. Before he left I asked him if he had ever ...

This discussion focuses on a difficult area of contract law: verbal contracts and agreements. Verbal contracts and agreements are notoriously difficult because they do not rely on anything written: they are entirely the product of spoken interactions, and thus, they are subject to the memory of the individual parties (Beale et al. 2010). In this hypothetical, Simon offers to pay each band member £250,000; ostensibly, this payment is not the issue that is contentious, as each band member did indeed receive this money after completing the concert. Although the case study is not clear, it seems that this ...

I am one of the choir members in my church. I started singing at a very young age. My parents noted the talent in me and encouraged me. They are the ones that motivated to join the church choir. Singing became a hobby for me. I would spend most of my time listening to songs and attempting to compose my own. When more people heard me singing, in choir competitions or in school, my voice moved them. Slowly, many people took an interest in my voice. I began getting invitations to perform in events and concerts. The invitations increased ...

Part One

Association in the simplest term may be defined as accumulation of individuals who cooperate for accomplishment of steady destinations by work division (Definition of an Association. 2016). Business associations convey their products in such a way that at the end of the exchange with purchasers, there is a benefit. There are many theories that try to explain the varied elements of business associations. The hierarchical hypothesis focuses on giving an interdisciplinary highlight on different aspects. The first aspect is social association impact on mentality and behavior of affiliate people. The second is Individual activity and quality impact on overall ...

Summary of Thinking, fast, and slow by Daniel Kahneman

George Mason University Summary of Thinking, fast, and slow by Daniel Kahneman Introduction The author, Daniel Kahneman, hopes that the readers would benefit from the reading of his book, which is about biases of intuition. According to the author, it can be a tough choice between what we believe and what we want. Friends and colleagues help us in making and evaluating choices. The thinking process is one conscious thought leading to another. The mental work creates impressions and intuitions silently in our minds. We allow our beliefs, feelings and preferences to feel confident about our decision, even if ...

The overall aim of every investor is to make a profit. There are various investment tools that are designed to meet the specific needs of the investor. Thus, depending on the investment goals and objectives, an investor can opt for an investment option that best suit his needs. There are both long-term investment and as well short term investment tools. The long-term investments are generally considered to be investments that an investor wishes to hold for a period of more than one year. On the other hand, short term investments refer to the investments that are likely to expire ...

The procedure followed by the Samsung Electronics is exceptional in the cautions that it takes for capital planning. According to the statement made by the President and CEO of the Company, there were record speculations of around 1.3 billion in the company for conveying development in the long haul and had a focus on crosswise force arrangement. This is spread through three stages of development and plans so that a total of 1.7 billion can be allocated in different areas to focus on extension of edging and development.

Strategy for the supplement of conventional routines

A number of strategies are available for the supplement of conventional ...

A key issue within photographic practice and culture is the establishment of perspective regarding the influence that the self and the underlying aesthetic preferences and expectations that are brought to the art. These preferences demonstrate an essential aspect of valuation in regards to not only the perceptions that are held by those viewing the art and their understanding of beauty but also the level of awareness or unawareness that the photographer has in their composition and viewpoint at the point of the photograph's creation. The idea of the unawareness about the self-knowing as a common phenomenon in our society, ...

Question I

The Way of the World is an English play written by William Congreve. The play’s story is centered on the affair between two lovers Mirabell and Millamant. Both of whom were in love with each other. For most of the scenes in the play, they were planning for their future married life. In the presented excerpt from The Way of the World, love was presented in a unique way. The presented text centered on the plans of the two after their wedding. To be more specific, they were planning what to call and what not to call each ...

Question 1:

Question 2 Question 3. The board never gave a clear justification to fire Pettit and their predicament was based on the oral copulation case that might affect children at the school. The board made the decision on the basis of their conservative values who believed that children were susceptible to such behaviour and it was possible they might pick up on such behaviour from their teacher. The board claimed that Pettit was unfit to teach, but the explanation was unrelated to the profession, rather it was based on her sexual preferences. To justify her termination, the board needed to ...

This section provides an analysis of the Mexico's socio-cultural factors, such as age distribution and demographics as well as the recent technological trends, which will include the recent changes in mobile and information technologies. In conclusion, recommendations of the most appropriate strategies, such as the global logistics strategies necessary for Aldi to successfully expand into Mexico successfully will be provided.

Socio-Cultural Factors in Mexico’s Retail Industry

In a PESTLE analysis, the sociocultural dimension of an industry is comprised of values, lifestyles and customs, which characterize the society in which a company operates. In any market, socio-cultural components of the environment have a significant influence on ...

Introduction

The United States Constitution can be described as the highest law of the land. During court proceedings, the constitution is the supreme law that is applicable in determining the outcome of criminal litigation, but other laws arise from the Amendments to the Constitution. The United States Constitution often guides how the government should function, the jurisdiction of the presidency, American Congress, and the Supreme Court. It is, however, paramount to note that all American states have their own Constitutions that they enact and follow, but the federal constitution is considered the highest law that overrides other state laws in ...

Abstract

Steven Dewayne Bond was a passenger on a Greyhound bus when a border patrol officer squeezed his luggage after conducted an immigration check of the passengers. Bond allowed the officer to open his luggage when asked, and a brick of methamphetamine was discovered that was wrapped in duct tape and rolled in a pair of pants. Bond was charged with possession and intent to distribute as well as conspiracy. In pretrial matters, Bond’s attorney filed a motion to suppress the methamphetamine claiming that the search conducted by the officer was unreasonable and in violation of the Fourth Amendment. ...

Introduction & Brief Description of Business

Entrepreneurship allows for the opening of new businesses bringing about jobs for the people in a community and revenue that benefits not only the business but also taxes for the city and the state. Entrepreneurs usually take advantage of processes to enable their success in business to include lean experimentation that allows for the resolution of risks speedily and with minimum resources thereby allowing for testing of a business model; the enactment of investing which permits the entrepreneur to confront risks in order of importance thereby having the ability to use only the resources that are needed to meet ...

Employers have the right to monitor and control the use of its internet resources and company equipment. This can be for the purpose of evaluating productivity of employees and protecting itself from external attacks or possible suits that could occur as a result of internet misuse by its employees. The information can be used to fire the employee mostly in two situations. First, when the employee had been informed and signed a contract with the employer regarding the type of activities that will be monitored, the employer can use the browsing history to arrive at a decision. If an ...

Shemika Carter

HRM530-Strayer University Dr. Fontaine Justify the use of a needs assessment of your company’s proposed employee customer service training, stressing five (5) ways in which such an assessment would expose any existing performance deficiencies. Considering the scenario of a retail industry, the process of employee needs assessment is a crucial aspect of a company. For this industry to prosper, it is quintessential that the employees are able to perform their designated task efficiently as well as effectively. The needs assessment enables the company to understand the intensity of the existing problems. It highlights the gap present in the ...

We have seen a tattoo on practically every part of the body, and it doesn’t seem to excite us anymore. Here is an idea that we could borrow from our neighbors, though. How about getting a tattoo on our eyeballs? Ouch! Would be my very first reaction on that yet, there are people who actually go for the challenge. Yes! They get their eyeballs tattooed. Like the tattoo on the human body, that on the eyeball could be made in any color possible including black believe or not. The trend has been a constant part of the Canadian ...

Kate Chopin’s novel, “The Awakening,” is a novel that entirely talks about the life of a newly married young woman. This woman unfortunately feels that her freedom is significantly curtailed. As for this reason, she goes about various errands in a bid to get her personal freedom since, in her view; this move will make her live a more reasonable and fulfilling life (Chopin 25). But the way to go about it presents her a major turmoil, how can she manage to get her personal freedom in a society that defines a woman not by her character, but ...

Who are we? The National Bank of Canada is an incorporated group that offers an inclusive financial service to clients. Its customers are small, medium-sized firms and big corporations that are in the major market of the bank while providing special services elsewhere around the globe. The NBC offers a full range of services such as corporate, and investment banking in this sector. Moreover, it is considered as an active player on the world markets. What do we do? The bank participates in the brokerage of securities, management of wealth, the mutual fund and the retirement plan arrangements as ...

During the civil rights movements that rocked the United States in the 1960s, the Asians that lived in America were first characterized as being the model minority. Even as there were efforts to abolish the social, legal and institutional disparities that existed between the majority and minority groups, political conservatives were quick to point out the American dream as being colorblind because of the Students of Asian descent. The thought process that formed this ideology was that if the Asians could succeed in America, then all the other minority groups had no excuse in failing. The success of the ...

Communication is vital in every organization, and more so in the inception and incorporation of disaster management. Different modes of communication instigates collaboration in various operations. There are different methods of communication, they involve techniques such as; physical interface, which is commonly referred to as face-to-face communication, and online communication. (Whybark, 2007). Online communication is the most popular and highly utilized form of communication in the world today. It is in this perspective, that online communication has been widely embraced and popular across the world, allowed to the vast and fast growth of technology over the years. There are ...

Introduction

The Bhagavad Gita is a set of sermons given by Lord Krishna to his nephew Arjuna who was caught in a mental dilemma where he was unable to decide between lifting arms and annihilating his own relatives who were against him and his brothers (Pavulraj, 2014). The sole purpose of the entire scripture was to demystify the connection between the humans and the God. Lord Krishna holds the religious value of being an incarnation of lord Vishnu who is among the three main deities in the Hinduism. Thus, although literally, the message of Bhagavad Gita was to inculcate the ...

Prospect Theory and Disappointment Aversion

The Allais paradox is a problem designed by French economist Maurice Allais in 1953 to show common inconsistencies between the predictions of expected utility theory and actual observed choices of individuals. Many theories have been proposed to solve the Allais paradox, among which the Prospect Theory and the Theory of Disappointment Aversion, and both will be described in this essay.

Prospect Theory

Guthrie, C. (2003) describes how the two original proponents of the Prospect Theory, Daniel Kahneman and Amos Tversky, would meet every mid-day for a long time, and spend their time inventing interesting sets of gambles and observing our their ...

Nowadays it seems to be evident that employees are under the permanent influence of their employers. Therefore, many of the aspects of the employees’ lives have the large outer impact of their workplace and the team of colleagues. However, there should also exist another part of the workers’ actions, which are definitely out of their organization’s reach. This necessity is a natural need of privacy, which concerns the private life and time beyond the borders of their enterprise. Nevertheless, this distinction between the private life and the work time creates some empty space, which creates a well debatable ...

In a globalized world, it seems as though culture shock is inevitable. Essentially, people “encounter culture shock whenever they uproot themselves from a familiar setting and move to an unfamiliar one,” (Ting-Toomey & Chung, 2011, p. 93). With millions of people traveling as tourists, finding work in other countries, and students studying outside of their homeland, culture shock is an experience that will ultimately affect so many. For some scholars, what it really boils down to is how a person handles their culture shock, and how their reaction to culture shock will affect their ability to adapt to a new ...

Question one

Positioning is a concept in marketing that outlines the market expectation of business concerning its products and services to the customers. Therefore, during positioning, the market department always creates an image for the goods based on the intended clients. This can be created through the application of the 4Ps of marketing (promotion, price, place, and product).

Points of parity (POP) in McDonald’s and Starbucks

In McDonald’s, the access to the internet is becoming a point of parity. That is in the world of coffee establishments, the access to the internet is universal because even Starbucks offer it. Therefore, both McDonald’s and Starbucks have to provide ...

The issue of gender disparity is commonly discussed with people raising a concern about how women and men do not have similar opportunities. The world continues to evolve and women today have broken barriers in a number of male-dominated fields. However, there are still issues of disparity in fields of science and engineering. Most women who have pursued a career in STEM-related fields have not joined the science and engineering fields. The following is a look at the statistics showing the existence of the problem, followed by recommendations on how the issues can be addressed. Studies show that there ...