Essays on Hubbard

American Public University

1. Compute the elasticities for each independent variable. Note: Write down all of your calculations. QD = - 5200 - 42P + 20PX + 5.2I + 0.20A + 0.25M and Q = Quantity demanded of 3-pack units P (in cents) = Price of the product = 500 cents per 3-pack unit PX (in cents) = Price of leading competitor’s product = 600 cents per 3-pack unit I (in dollars) = Per capita income of the standard metropolitan statistical area (SMSA) in which the supermarkets are located = $5,500 A (in dollars) = Monthly advertising expenditures = $10,000 M = Number of microwave ovens sold in the SMSA in which the supermarkets ...

American Public University

1. Compute the elasticities for each independent variable. Note: Write down all of your calculations. The demand estimation as follows: QD = -3,500 - 150P + 30A + 75PX + 10Y. When P=300, A=750, PX=200, and Y=10,000. Placing these numbers into equation: QD=-3,500-150(300)+30(750)+75(200)+10(10,000)=QD=-3,500-45,000+22,500+15,000+100,000=89,000. Under given these numbers, we have 89,000 products demanded. Price elasticity of demand is [d(QD)/d(P)]/[QD/P]. Therefore, we take a derivative of the function subject to price, and we assume other variables do not ...

Insanity Defense Paper

Insanity Defense Paper

A person is not responsible for criminal act if such behavior was a result of mental disease or defect and if the defendant did not have any significant opportunity to assess the unlawfulness of his conduct or to subordinate his behavior requirements of the law. Stu Dents cannot be not subject to criminal liability due to the fact that at the time of committing a socially dangerous act, he was insane, that is, could not be aware of his actions or control them due to chronic mental illness, disturbances of mental activity. During the arrest Stu ...

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

Tourism has many definitions, which include traveling for pleasure purposes. Tourism, according to World Tourism Organization, is defined visiting and staying places away from our normal environment for a period exceeding one year for leisure or other business purposes. Tourism can be either domestic or international where implications are on both the host and source countries. Today, tourism is among the major sources of revenue for most countries and has a great impact on the economic growth and development of nations. The hospitality services, transport services, entertainment venues, as well as goods bought by tourists are among the sectors ...

The economic and political partnership known as the European Union was established following World War II in order to foster cooperation among European nations. Today, the EU is made up of 28 member countries which all share in various economic agreements regarding their relationships with one another. The political union was established with the goal of not only promoting trade in order to reduce the likelihood for war to break out once more within Europe, but also to establish a basis by which the member nations could work with one another in order to increase their overall prosperity. The ...

A. Hotel California and how it offered to connect or reconnect with the sacred

The song Hotel California, raised a lot of opinion and interpretation worthy of debate, however, among the most prominent interpretation relates to how its lyrics are symbolic of the spiritual aspects. As pointed out, it has by its means offered “shimmering light” for people who seeks to have some form of spiritual connection or bondage. Accordingly, there are several ways by which the Los Angles area provided an opportunity for people to experience spiritual connection. The beautiful geography of California presents an environment where the early Spanish settlers experienced spiritual connection because of the majestic environment of the region. ...

Introduction

For a long time different scholars have tried to exploit the true dimension of religion. The fact is religion cannot be compared to an objective thing, like a clock or a chair. Geertz (1966) observed religion as “a system of symbols which acts to establish powerful, pervasive, and long-lasting moods and motivations in men by formulating conceptions of a general order of existence” (Geertz, p90 1966). With reference to chapter four of Religion as a Cultural System by Geertz’s (1966), the paper will exploit the role of symbols including the scientology cross in the Church of Scientology.

Role of Symbols in the Cult of Scientology

The ...

Identity

Identity

Upon entering college it is difficult to know who to trust. This is important in developing an identity that will allow for growth. Many college students attempt to keep the same identity they created in high school, but discover that such a persona is no longer adequate for their needs. In order to adapt students must form a new identity from their own experiences and perceptions.

Essential Facts

Many people choose not to think upon the issue of identity. College is for learning in the minds of many, not finding themselves. Unfortunately this ignores the very real and essential changes ...

The key strategic issues and problems facing the company

Company’s inability for gauging the trends It is essential to refer to the fact that in the case of company’s inability for gauging the trends as well as addressing the changeable preferences of the customers in a prompt and costly effective way, there is a high risk of decreasing in the market share as well as the rates of sales. Such decreases have the potential of adverse affecting of the gross margin. It was claimed by the management of the CBA that the attention of the management as well as the costs, involved into the maintenance of ...

2016-06-06

Literature Research 4 Critical Evaluation 9 III. Conclusion 12

Introduction

Nowadays, project management today is an acknowledged field of professional activity. Methodology and project management tools are widely used in the areas of project-oriented activities, especially in creating new products and services, in targeted changes within individual organizations and companies (Dinsmore and Cabanis-Brewin, 2011). The increasing complexity of economic processes, increasing the number of control subjects, and constraints that are available at our time, such as the unstable operation of the economy, a sharp reduction in public investment, stable, high inflation rate and others lead to that currently required projects ...

Current Condition of Craft Beer Alliance (CBA)

Currently, this company occupies the fifth position in the general rating of the craft brewing companies in US. This brand occupies the leadership positions in terms of brewing, as it offers its clients the best and the most popular craft beers in America (Hubbard et al 480). This business entity was established in 2008, through merger of the two major craft brewers in the Pacific Northwest region - Widmer Brothers Brewing (which has been originally established in 1984) and Redhook Brewery (created in 1981). After the merger, which has been innovative in its nature, the core purpose of the ...

The number of people on the planet continues to increase and with them, the need for more and more nutritious food grows. For that reason, scientists seek research to genetically change plants and animals to provide medicine, good, and organisms not for consumption. As the public is exposed to information on genetically modified organisms (GMOs), strong opinions are forged concerning the safety of eating them. Questions arise over the risks presented to human beings and the environment, if GMOs are really necessary to supply the world with adequate amounts of food, if there are alternatives, and what surrounding ethical ...

Introduction

The video provides an overview of the Cola Wars between two giants concentrated soda producers, such as Coca Cola and Pepsi. The key parties involve in the soft drink business include concentrated producers, bottlers, retailers, and suppliers. Coca Cola and Pepsi held about 75% market share and focus on the advertising, product portfolios and operational efforts to compete with each other. Both companies pursued effective strategic management strategies for business, corporate and global level. For example, both companies focused on the differentiation and cost leadership at a business level by adding new products to portfolios like Mountain Dew by ...

I, Being born a Woman and Distressed is a poem written by an outstanding American poetess Edna St. Vincent Millay. She, with the help of the narrator, introduces the theme that concerns the hardships of being a woman in the society that is ruled and dominated by men. The feminist tone reveals the woman’s inner feelings towards the societal double standards and her craving for equality. In the first line of the poem Edna St. Vincent Millay introduces the narrator: “I, being born a woman and distressed”. (Millay) It is a woman and she delivers it to the ...

Part one solution

Ford Motor Company is an American multinational company that manufactures and sells automobiles, and recently it indulged in the production of motorcycle engines. A general environment refers to the elements existing within the society which impacts organizations and firms that operate within a given industrial segment. These elements cannot be directly curbed by the management of a company. Global segments, technological, sociocultural, legal, political, and demographic segments make up the general environment. The demographic part represents the population characteristics of a given geographical area, province, as well as a nation in the world. Also, the segment is inclusive of ...

“Governments should paly active roles in managing short run instability caused by

Unemployment and inflation problems” Introduction The reverse of the above statement is true, whereby if governments do not play an active role in fighting inflation and unemployment, the adverse effects associated with these two economic eventualities do sometimes dissipate on their own. Therefore, this paper agrees with the above statement, but will also attempt to show that various economic solutions to the short run instability which is associated with unemployment and inflation can sometimes lead to a worsening of the situation at hand, rather than its subsequent improvements (Quiggin, 2012, pg.13).

Positive Sustainable Economic Growth

According to Mukesh (2015, pg.69), one of the ...

Question 1

5S is the business model that supports the improvement of working environments, concept of business and leads to increase in quality and value (i.e. the final goals of a company). 5S is the acronym of five Japanese words, such as Seiri (sort), Seiton (order), Seiso (cleanliness), Seiketsu (standardization), and Shitsuke (sustainability) (Gürel, 2013). It can be used effectively in the hotel setting. For instance, in the context of kitchen of a hotel Seiri refers to the organization of working stations and equipment. The purpose is the reduction of wastages and losses i.e. apprentice throw away the wastages in ...

The recent announcement of the new Saudi Arabia’s plan to drastically decrease the role of oil in the economy and to diversify the governmental revenues has received wide coverage in media. Two famous newspapers, New York Times and The Economist also issued the articles covering the topic. Ben Hubbard in the New York Times article “Saudi Prince Shares Plan to Cut Oil Dependency and Energize the Economy” provides a detailed information about Prince Mohammed bin Salman’s economic plan to reform Saudi economy, while The Economist’s article “Beyond Oil: Change in Saudi Arabia” is a brief account ...

The concept of economic development is the expanded reproduction and gradual qualitative and structural positive changes in the economy, productive forces, factors of growth and development, education, science, culture, level and quality of life, human capital. Speaking about economic development as a process, it should be understood that it is characterized not by directness of its motion, but lack of uniformity, i. e. the periods of growth and recession are inevitable. It means an increase in the scale of the total production and consumption in the country, which is characterized above all by such macro-economic indicators as gross national ...

A free market economy is said to be free because market forces of demand and supply control it. There is little or no government intervention at all levels of the economy. Therefore, the equilibrium price of goods and service market is a mutually agreed price between the sellers and the buyers. The state doesn’t intervene by offering subsidies, imposing taxes or through any form of regulation. The free market is an ideal one that cannot exist in the real world. However, governments can deliberately reduce their influence in the market to shift from a command economy towards the ...

Government budget provides the projections of revenues to be received and expenses to be incurred by the government in a given financial year. The main sources of government revenue are levies, taxes, returns of government projects and fines. In many cases, the government budget is at a deficit because the amount of expenditure to be incurred is more that revenue projected revenue. Thus, the government has an option of financing the deficit through borrowing or applying austerity measures to cut down its projected spending. The government can also apply austerity measures when debt level reaches unmanageable high level. Everyone ...

Keynes proposed economic ideas that saved the economy during the great depression of the 1930s. He encouraged government intervention into the economy to rescue it from the excessive recession. His ideas were against previous views held by an economist that the government should allow the economy to adjust back from depression to recovery as per the business cycle. The previous economic ideas were not working during great depression because the economy was showing little signs of recovery. The depression created a huge recession gap. Thus, real GDP was quite below the full potential output (Blinder 1). Keynes believed that ...

Risk Management at Old Mutual Group

Old Mutual risk management strategies are shaped by the potential impacts on the company's reputation, earnings, liquidity and future sustainability. They are strategic, and the companies closely monitor them. Owing to various strategic changes that the company underwent in the period under review, strategic execution risk is the principal risk facing Old Mutual. The company is faced with other principal risks including, economic situations in the country of operation, shifting credit risk across the group and currency devaluations. There are also other inherent potential risks owing to the changing customer needs, market exposures, liability insurance risks, and interest volatility. ...

Impact of Minimum Wage on Labor Markets

Minimum wage is the price floor imposed in the labor market to ensure that firms don’t exploit workers. Usually, the minimum wage is set above the equilibrium wage. The minimum wage ensures workers get adequate income that can enable them to live a decent lifestyle. This price floor is revised from time to time as per changes in the cost of living. Therefore, it disrupts the supply and demand of labor in the economy. Economists who advocate for this policy argue that it supports the low-skilled workers who are easily exploited due to their low bargaining power (David, ...

Capitalism refers to a society where private individuals own the means of production. In a capitalist society, the government does not interfere with the price of commodities. Equilibrium price is determined by forces of demand and supply. This type of system has some merits. However, it is not the key to eradication of poverty because of its demerits. There are several advantages that the society derives from capitalistic economy. One, it encourages efficiency in production. The private firms ensure efficiency utilization of resources to achieve the goal of maximizing returns. This is unlike nationalized firms that are quite inefficient ...

The United Kingdom has been a member of the European Union for many decades. In many cases, the UK bargains with the rest of the world via the EU on economic matters. This prolonged close ties in economic and social affairs have positive and negative impacts on UK’s investment. The impact on investment is based on the flow of capital, immigration laws, access to member and non-member country’s market among other economic relationship bargained on EU platform. This membership has several negative economic implications on the level of investment in UK. One of the negative impacts is ...

The current growth of higher education has increased the concentrations of students in residential areas in urban centers (Smith, 2005). Most of higher learning institutions have open doors policy for both the local and international students that translate into the influx of students from different cultural backgrounds in residential areas. The firms owning residential buildings interpret studentification as a benefit to their business (Sage, Smith, & Hubbard, 2012). These companies usually inflate the rental charges to match the increased housing demand. The social cohesion in the residential communities has also been adversely affected by the growing number of students in ...

Trump is the leading presidential candidate of the Republican Party, and he is campaigning under the slogan of make America great again. His campaign slogan is based on several extreme economic and social policies. The economic policies of a president are mainly macroeconomics policies that affect all the components of the country’s gross domestic product. His main economic policies touch on taxes, labor supply, investments, and international trade. He looks forward to cutting individual and cooperate taxes, increasing the volume of exports, decreasing imports and increasing private investment (Trump, 1). The most popular and extreme economic policy that ...

Reflection

The overall feedback on the presentation was positive with some aspects highlighted that could have been discussed in more detail with appropriate attention. Among different comments made for the study, it was mentioned that the some of the work was done was though related to the business; however, it was less relevant to the course assignment. The aspects that were considered irrelevant to the assignment were sustainability and the sweatshop. As far, I have managed to understand these aspects are of much significance in the business. Businesses in the modern world are winning a competitive edge over the competitors ...

Introduction

Project management applies techniques, knowledge, skills and expertise as well as experience to a strategic activity in an organization as shown by Bolles and Hubbard (2007). Notably, a project is a unique venture in an organization undertaken to meet its goals such as new products, venturing into new markets or cutting the product costs. Expected, in the new and unique projects, the experience is insufficient or lacking for a disciplined implementation. In other cases, the project takes up a lot of resources and staff due to its size. As such, to meet the scope and requirement while meeting the ...

The fiscal policy influences aggregate demand, wealth distribution, and the capacity of the economy to produce goods and services by the fiscal policy (Ross). In the short run, changes in taxation or spending can alter the demand pattern for the goods and services. Resources are any productive factors that are needed to accomplish any activity of the business while capital is the financial value of the assets. Therefore, with time, the aggregate demand will influence the allocation of resources, and the production capacity of the economy via its impacts on the returns to production factors, human capital development, capital ...

[Institution Title]

Introduction to gender identity disorder

Mental health is the absence of the mental disorder or the level of the psychological wellbeing. Therefore, it is the ability of a person to create an equilibrium between life activities and to enjoy life. It includes the mental, emotional and social being and therefore, it affects how we feel, think and act as we cope with life. Mental fitness determines how we make choices, handle stress, and relate to others and handling stress. Mental disorders affect our thinking, behavior, and mood. Mental disorders are caused by a family history of mental illness, genes and the life ...

Introduction

The late nineteenth century and the beginning twentieth century were marked by the great expansions and development in the society. The same was also evident in music which is part of an art that was in a revolution stage resulting to various movements. This paper will analyse two twentieth century movements which are pop and punk music. Works done by artists in the different genres will also be analysed to bring out the difference.

Pop Music

According to Hubbard, pop music is a music genre that is associated with rock and roll music and intended to appeal to the youth market (3). In ...