The Effects Of Low Income Affects The Lifestyles Of...

The theoretical framework in this dissertation, describes how the impact of low income affects the lifestyles of minimum wage earners. These impacts stem from two significant factors; Smith’s (2015) theory from a psychological perspective, and Rogers’ (2014) minimum wage laws and social equality. While several areas are encompassed by these two factors, comparison of the human behavior and social groups, provides insight on how minimum wage earners are affected by each. According to Smith’s theory, indicators that are impacted by low income is an individual’s state of mind, behaviorally and psychologically. Rogers (2014), suggests that the basic question is whether or not the minimum wage laws help ensure decent work, which enhances rather than undermines an individual’s self – respect. Additionally, under any condition, an individual’s state of mind responds to a situation in which the personit undergoes, at a particular time. While h umans reacts differently to overcome various situations, the issues that lie beneath the surface can be overwhelming. However, with an increase in wages, the physical and psychological disorders in adults and children will likely subside, and their levels of success will likely rise (Smith, 2015). In order to determine how human behavior and social groups correlates with low income, a comprehensive questionnaire of full and part time employees will be administered. While it is not uncommon for individuals with minimal income to have moreShow MoreRelatedLidl Pestel Anaylis763 Words   |  4 Pagesintervenes in the economy. This can affect supermarkets such as Lidl in a number of ways; these are as follows, the national minimum wage and taxation. The minimum wage will affect Lidl because if the government have the national minimum wage low the level of people who want to work will be very low, this is due to the fact that people will not work for low level of pay. Taxation in the country will affect Lidl such as if the level of income tax is high the less disposable income consumers will have and theRead MoreSunday, July 24, 2016, Marks Seven Years Since The Last1539 Words   |  7 Pagesfederal minimum wage was raised (U.S. Department of Labor). Since raised, the cost of living has increased by nearly 12 percent. When President Obama called for an increase in 2013 19 states, have raised their minimum wage between $8.15 and $11.00. But is the h ike beneficial to everyone? According to conventional economic analysis, increasing the minimum wage reduces employment in two ways. First, higher wages increase the cost to employers of producing goods and services. Second, a minimum wage increaseRead MoreRaising The Minimum Wage? Essay1217 Words   |  5 PagesThe minimum wage is one of the most discussed issues around the country. Everyone has a different opinion if raising the minimum wage would help families across the country to have a better lifestyle or if would cause an unbalance in the economy. Democrats and Republicans have a different view on this issue, while Democrats supports raising the minimum wage by $15 an hour, Republicans have stated that they refuse increasing the wage because it would leave different factions of Americans outside ofRead MoreIncome Inequality : Not All Live Equal Lives1198 Words   |  5 PagesIncome inequality is a major issue throughout society in the United States of America, due to a corr upt and inconsistent economy that is displayed for individuals to suffer through. Those who are rich or poor in the United States of America should not all live equal lives. Yes, rich people benefit the most from income inequality, however they do not participate towards a fair level of taxpaying commitment, in comparison to those individuals who live low or middle class lifestyles. Anger occurs frequentlyRead MorePoverty And Minimum Wage ( Temp Title )1431 Words   |  6 PagesOctober 2017 Poverty and minimum wage (temp title) Based on the poverty threshold, or the smallest annual salary required to live as determined by the government, more than forty million people in America live in poverty (â€Å"UC Davis Center for Poverty Research†). That’s forty million people who make less money than the bare minimum required to support themselves or their family. Of those forty million, nineteen and a half million make less than fifty percent of the bare minimum they need to support themselvesRead MorePros And Cons Of The Minimum Wage1620 Words   |  7 PagesIncreasing the federal minimum wage has been a controversial topic around the United States; many people are in favor of raising the minimum wage, while others heavily oppose the idea. While everyone is entitled to their own opinion, statistics have shown that the minimum wage is closely correlated to public health, and it shows that this topic is a much bigger and broader picture than simply economics. The federal minimum wage has a history t hat dates all the way back to 1938, and the strong debatesRead MoreMinimum Wage And The Wage1437 Words   |  6 Pages Minimum wage was established on October 24, 1938 after President Roosevelt signed the Fair Labor Standards Act. (Grossman) Minimum wage was set to allow working class citizens an opportunity to work a reasonable amount of hours for pay that would enable individuals to maintain a minimal quality life. In today’s economics minimum wage is used as a price control or price floor that the government enforces. A price floor is a minimum price for a product or service above the market’s equilibrium priceRead MoreIncome Gap Between The Upper Class And The Lower Class1696 Words   |  7 PagesIn recent years the way wealth is distributed in the United States has sharply increased, causing an income gap between the upper class and the lower class. The country is becoming a banana republic in which most of the wealth is owned by the top 1%. This small percentage of the population is mainly composed of the entrepreneurs, businessmen, and lawyers. Although the United States is a democracy, in recent years, it has become a plutocracy nation. The wealth inequality plays a major role in thisRead MoreRaising Minimum Wages For Workers Essay2564 Words   |  11 Pagesagree with this statement, as it can be an analogy to the effect that a modern institution called the minimum wage, m ay have on those who live in poverty. For many years, this institution has remained a controversial topic, separating people into two political groups: those (mostly republicans) who claim raising minimum wages for workers has a negative impact on the American people, and those (mostly democrats) who argue that raising minimum wages for workers has not only a positive impact on the AmericanRead MoreStakeholders Of Stakeholders Within The Workplace1155 Words   |  5 PagesStakeholders are anyone or any group that may be affected by the organization actions. There are two categories of stakeholders, the primary and the secondary stakeholders. The primary stakeholders are the one that are directly affect by the organizations actions, decisions and the secondary stakeholders are the one that have interest in the organizations actions. The key characteristic of a stakeholders is that they have interest in an organization. Some examples of stakeholders are investors, directors

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Modernization Of Morality And Manners - 945 Words

Historians tend to attribute the modernization of morality and manners to the decade between the Progressive Era and the New Deal. The short span of time between the Progressive Era and the New Deal saw the abandonment of Victorian Era moral guidelines, coupled with a new emphasis on the individuality of women. Flappers, young free-spirited girls embracing their newfound social freedom, embodied this period of rapid change. Promiscuity flourished, female clothes covered less, and the roles of women expanded far beyond the home. Historians has viewed the Twenties as a period of spontaneous social revolution since the decade itself passed. James McGovern, however, believes such analyses of the Twenties as oversimplified interpretations of a more complex time. McGovern attributes almost total responsibility for the moral revolution to the events of the Progressive Era, such as industrialization, rise of city life, and technological advancements. He even claims the revolution occurred be fore 1920 altogether. An accurate understanding of history requires analysis beyond surface-level characteristics. Most historians of the Twenties, however, have only examined the same short list of criteria. America remembered the Roaring Twenties for the widespread popularity of a new moral code focused on female individuality. Historians since then, beginning with Frederick Allen’s 1931 study, have primarily limited their studies to upper-class women’s societal behaviors during 1920s. HenryShow MoreRelatedModernism And Postmodernism1207 Words   |  5 Pagesphilosophical. Nonetheless, there are some primary beliefs of the Modernist genres that appeal in someway or the other to the various movements and also the writers. Modernism in general can broadly be described as the â€Å"deviation from the ancient and classic manner†. (Johnson, J., The New Royal and Universal English Dictionary, Millard, 1763). It is the radical movement away from the past in search of new styles of expression. It refers to a reforming movement away from the traditional forms in various fieldsRead MoreMexican Icons and Heores970 Words   |  4 Pagesand Frankenstein. The websites purpose is to illustrate how the films of El Santo were influenced by the growth and stability and after 1950. El Santo and his wrestling assisted rural migrants to urban Mexico City by showing them how to handle modernization and gave Mexicans a representation of the ideal modern, Mexican man. El Santo is presented as a character that the audience never sees in his films without his silver colored mask. Whats more, in several films, El Santo is even see sleeping inRead MoreAnalysis Of Omer Bartov s Hitler s Army 996 Words   |  4 Pagesand their blind loyalty distorted their morality to carrying out war crimes when believed to be necessary. He reaches this conclusion by analyzing the Wehrmacht’s time in Russia and how that devastating campaign effected the enlisted soldiers. He finds that the only way the Wehrmacht’s moral even survived this was their warped mentality and cohesion between the soldiers due to harsh discipline. In chapter one Bartov tackles the issue of the modernization and structure of the Wehrmacht. Bartov walksRead Moreâ€Å"Theme of Post-Colonialism in Things Fall Apart†657 Words   |  3 PagesOkonkwo is doomed to loose the traditions he cherishes as his society slowly falls apart. The first part of the novel discuss with suffering and sorrows of the natives due to illiteracy. They are far away from modernization and having their own circle of ethic, morality and manners. They live with their tradition, custom, ritual and savage culture. The second part deals with the theme of exploration and exploitations. It expresses the arrival of Europeans in the Africa and exploitation of EuropeansRead More International Business: The Importance of Ethics in Business1636 Words   |  7 Pageswith these companies would bring. In a pure business sense, this is strictly a financial decision. But on a moral and values level, the question becomes more complicated. When the time came to make a decision, GMC chose to err on the side of morality and cut off business relations with the three Chinese companies. Afterwards they explained, If they break their promises in such a circumstance, how can we trust them? Rather than be associated with a company with questionable reputation, GMCRead MoreAnalysis Of Jon Lee Andersons The Distant Shore1215 Words   |  5 Pagesnotion of cultural recruiting and compromising has shaped the morality of civilizations to become progressively eminent and consistent. Therefore, the contemporary reality of government demands expectations of maturation through innovative and economic advancement. Since the unhibited weaknesses and lack of omnipresence among the Mashco Piro manifest exploitation, entities of greater actuality with foresight toward profitable modernization are likely to superciliously overtake the tribe. The MashcoRead MoreStreet Angel analysis2605 Words   |  11 PagesWhat sort of social critique does this Street Angel (1937) present? What does it say about issues involved in modernization? What symbols are portrayed in Street Angel (1937) Introduction Every country has specific famous era in which their cinema portrays the reality of their society, the 1930 s was the era in which China s cinema bent itself towards portraying society and modernization. A lot of distinctive features developed by Chinese film over the last hundred years are the result and testimonyRead MoreThe Tortilla Behemoth: Through the Sociological Lens1768 Words   |  8 Pagesworkers in the factory. It examines the analytical framework that would be most appropriate for this situation and then progresses to relate many sociological theories to this issue. Next, it examines the mostly negative effects of globalization, modernization and industrialization. It then follows the same procedure as the previous section and categorizes the issue into the analytical framework model and proceeds to connect it to sociological theories. Finally, the last issue in which this essay discussesRead MoreSustainable Design: Advantages of Going Green1347 Words   |  5 Pagesecosystems and environments provide vital chemicals for our atmosphere, resources for our technological needs, and assist us in agriculture (65). In the field of architecture, for instance, communities and structures of all kind can be designed in such a manner that they work with the environment, not against it. It is possible to have a greener building, one that uses solar power, recycled water, environmentally appropriate landscaping, and ways to manage human consumption. The key, for McLennan, is thatRead MoreThe Industrial Revolution And The French Revolution1264 Words   |  6 PagesBoth the Industrial Revolution and the French Revolution induced great social transformations from the end of the 18th century on. The revolutions laid the foundation for the journey of modernization for Great Britain and France. Although the two countries were merely separated by the English Channel, the relatively low degree of pre-industrial international communications hindered the interaction of both events. Nevertheless, it is not coincidental that the revolutions occurred roughly at the same

Man s Relationship Between God And God - 1194 Words

Man’s relation to God distinguished God from his creation. Firstly, Man was made in God’s image, therefore they desire to communicate with God. They also recognize the need to obey God’s authority. Secondly, God created man in His likeness, however he gave man free choice to live. â€Å"Man was made for the test; he was created on probation.† However, God also created man to be morally akin to Himself. Two signs of God’s self in man appeared as righteousness and holiness. Adam struggled with two choices: one of which yielded blessings and one of which yielded regrets, the tree of life, or the tree of death. In the garden, God placed many trees of life, but only on tree leading to death. This required effort to yield to the forbidden fruit. God â€Å"always places the weight of His influence on the side of right.† The Tempter, however, used distractions, desires, doubts, and a moment of decision to convince Adam and Eve to eat of the fruit. Adam and Eve experienced at least four consequences as a result of their sin. They lost the glory God gave them. They also lost their honor and law. They no longer ruled, instead they worked. Adam and Eve also experienced death. Death depicted itself first spiritually, in that they were separated from God. Then they experienced complete death, in that they no longer lived physically or spiritually. Adam and Eve found guilt and many sinful tendencies such as living in a disproportionate image of God due to their sin, loss of fellowship with God,Show MoreRelatedRelationship Between Man And God983 Words   |  4 Pagesburgeoned, with the Greek Gods and Christianity being among the most prominent religions in history. There are a plethora of Greek texts, with some of the more notable including Homer’s Iliad and Ovid’s Metamorphoses, which focus on man’s relationship with the Greek Gods. Likewise, Saint Augustine, an illustrious figure in the Catholic Church, wrote Confessions which focuses on his relationship to God throughout his long, confusing path to conversion. Man’s relationship to God(s) has long been a debatedRead MoreRelationship Between Man And God1419 Words   |  6 PagesWithrow English 2423 23 September 2014 The Relationship between Man and God A covenant is an agreed upon relationship between two or more partners. Within the scripture of the Hebrew Bible, the covenant between God and man changes into a far more formal relationship than it begins in the story of â€Å"Genesis†. In the beginning, the relationship between God and man could be categorized as convenient. While, opposition to that, the relationship between God and the people of the Pharaoh’s, would be categorizedRead MoreRelationship Between God And Adam993 Words   |  4 Pagesa mystery to many people in society today. Therefore, the relationship between God and Adam can be said to be a very complex relationship. Genesis shows us many examples of God s interaction with Adam, apparently there is so much more about God’s disappointment and righteous anger in the garden. The world of Christianity fails to see there’s so much more to the story about God and Adam, I think many of us do the same. He was the first man, the father of mankin d, however, Genesis does not fill-inRead MoreKolbergs Stages of Moral Development1588 Words   |  7 PagesTHE SOVEREIGNY OF GOD AND HUMAN RESPONSIBILITY Augustine s understanding of the relationship between the sovereignty of God and human responsibility is more biblical than Cassian s view. Augustine s school of theology totally relies on God as the grace giver, however Cassian s school relies on man s merit before receiving grace. This debate has been going on since the early church and still affects the church today. Many people have different opinions and interpretations of how the BibleRead MoreMonotheistic Relationship Between Creator And Creation1509 Words   |  7 Pages The relationship between the creator and creation differs in books with monotheistic and polytheistic traditions. Although these relationships between the creations and their god(s) have proven some similarities. The relationships the creation has with their creator have been seen to have guidance to a task. In the monotheistic relationship between â€Å"god† and creation have lessons of man and their journeys of hardships with the help of gods guidance. The polytheistic traditions have been provenRead MoreReligion1641 Words   |  7 Pagesfor their faith. The acceptance in a triune God, that is; God as three persons that are collectively one, God; the Father, the Son and the Holy Spirit, is a fundamental part in the Protestant Christian Traditions understanding of the Characteristics of God. His nature is also understood as being transcendent –existing out of space and time, and immanent – being present within space and time. God’s image is present in hu manity and thus these beliefs in God and his character enable us to get a clearRead MoreMeaning And Types Of Old Testament Covenants1618 Words   |  7 PagesCovenant? God created humanity as an expression of His loving, relational character. In His wisdom, and because He is the Creator and sustainer of love, God created man with the free will to choose whether or not to love and worship Him in return. Adam and Eve’s choice to disobey initiated sin into the life of man, disconnecting the spiritual union they had with the Lord. From that very moment, God has been in a process to redeem fallen humanity back to Him. Man began to populate the land and God sawRead MoreA Believer s Relationship With God1141 Words   |  5 PagesA believer’s relationship with God is the first and foremost of all ties they have. It determines their other relationships with their fellow human beings. If humans gain a proper understanding of their sound relationship with God and maintain the prescribed relationship, they will grow into obedient servants of his Lord, valuable members of their family, sincere citizens of their state and loving, and caring human beings concerned with the welfare of all humankind. Dynamic living religions alwaysRead MoreUnderstanding Of Sin And Grace On The Basis Of Salvation1394 Words   |  6 Pagesglory of God† Everyone has sinned and fallen out of the grace. All mankind is comprehended to be involved, in some manner, in the disobedience of Adam. Everything began at the Garden of Eden when Adam sinned, the way that Adam was made in the image of God implied that he was free from all ordinary shortcomings and weaknesses and death. Adam s sin is regularly spoken of as a predisposition to sin inside human nature. Christ died for our sins and this we believe. There is a connection between the twoRead MoreSame Sex Marriage Across The Whole World1507 Words   |  7 Pagesexclusive for a man and a woman, although nothing in the bible talks about homosexual identity, but instead talks about homosexual acts. This is why love between two people, along with the symbolic ceremony of marriage, shouldn’t be limited due to their sexual orientation. The most common reason as to why same-sex marriage is opposed is the defining characterization of marriage: the union of a man and a woman. God s design for marital relationship is heterosexual and monogamous – that both man and woman

Psychoanalytic Criticism of A Rose for Emily Free Essays

Psychoanalytic Criticism of A Rose for Emily A Rose for Emily is a sad story about a woman who struggles with being unable to cope with the death of her father and being a lonely woman. It is broken into 5 sections in which in each part the narrator shifts the point of view. In section 1 the story starts off at Miss Emily’s funeral. We will write a custom essay sample on Psychoanalytic Criticism of A Rose for Emily or any similar topic only for you Order Now The funeral is taking place at her home and many people come to pay their respects and also are curious to see the inside of the house. No one had seen the inside of the house besides the manservant for 10 years. Throughout the story we see the struggles a woman has with loneliness, depression and even necrophilia. Miss Emily’s character has many mental problems. Her biggest problem that we see her struggles with is denial. Several times through out the story she struggles with the denial of big issues. Sometimes it’s the death of a person or other times it was denying the fact that she owed taxes. Another struggle that she deals with is the fear of abandonment, which that seems to be what brought on her denial. Growing up her father was very controlling and when her father passes I think she has trouble dealing with not having a controlling figure in her life. That is what brought on the denial of her father’s death. That denial also plays a role in her necrophilia problem later in the story. The first of Miss Emily’s problem is denial. In a couple of cases we see that her denial is a big problem for her. We first see her denial take place when she takes place when the narrator talks about how she avoided paying taxes. This seems minor at this point because the town had told her that she owed no taxes, and in fact that the city owed her money from her fathers loan to the town. The loan was false but when her father passed she was left with only a house. Since she was thought of by the town as â€Å" a tradition, a duty and a care† (pg. 148). the town decided to help her out. They didn’t think she would take charity money so they made up the lie. When the younger people started taking over the town they sent her a letter to pay her taxes. She insisted that she owed nothing to the town. The leaders of the town sent a couple of letters to her but got no return. Back and forth it went until they decided to go to her house and collect the money. After a brief discussion she forced them out of her home with out paying and telling them to talk to Colonel Sartoris because she has no taxes in Jefferson. Colonel Sartoris had died by this point but she was unaware because she wouldn’t leave her home. We see her deal with denial when the death of her father comes. The day after he died a group of ladies went up to the house to â€Å"offer condolences and aid† (pg. 151) and Miss Emily â€Å"met them at the door, dressed as usual and with no trace of grief on her face. † (pg. 51) She denied that her father was dead. For 3 days people went to her house trying to get her to let them dispose of the body. And right as they were about to use law and force she allowed them to take the body and burry him. This is when we first signs that she was gong crazy. However, the narrator does say that they didn’t think she was crazy at thi s point but â€Å"she had to do that. † (pg. 151) The third denial she faces is when she murdered Homer Barron. Her and Homer were seen together on several occasions out in town. Many people thought they would marry but then Homer was last seen entering her home. The people of Jefferson thought he had left town after that since he was never seen again. At the end we learn that she had killed him. His body was lying in an upstairs room. The room was set up almost like that of a room for a bridal. Although filled with dust, the narrator describes a room that at one time was decorated. Homer’s body was decayed and only the bones were left. There was evidence that she would lay beside him at night. She killed him because she was fearful of abandonment. In a way I think she thought she would always have him by killing him then leaving his body up stairs so she could lay with him until she died. We can look at how she treated death of her father and Homer as denial but it can also be looked at, as she feared abandonment as well. Growing up her father was very strict with her. She wasn’t allowed to date any man. Her father was extremely controlling over almost every part of her life. So when her father passed she didn’t want to admit it to herself because he was all she had as for as close family goes. I think she needed that controlling figure in her life. It’s obvious that she liked Homer and maybe she was scared he would leave her so she killed him. By doing that she would have him forever. Her love for Homer may have come due to the fact that she was like her dad. Even though her dad was controlling of her she had loved him dearly. She was longing for that controlling figure and that is why she fell for Homer. The narrator describes him as a â€Å"mans man†. (pg 152) His controlling tendencies were clear when he was seen cussing at the people he was over at work. Through out this story we see Miss Emily struggle with the inner demons of denial and fear of abandonment. I think Faulkner does a great job by showing how there is a mental affect of someone growing up in a controlling environment. How to cite Psychoanalytic Criticism of A Rose for Emily, Papers

Feather Levels In Developing Black Kites †Myassignmenthelp.Com

Question: Discuss About The Feather Levels In Developing Black Kites? Answer: Introducation It is a known fact that conflicts and quarrels often happen due to the changing needs and preferences of the kids. It can so happen that there are two siblings living in a house[1]. An elder sister named Miya and an younger brother named Tom. It can so happen that some relatives visit the house during Christmas Eve, taking gifts along with them for both the siblings. As the younger sibling is a new born, it is natural that the relatives will take a little more number for gifts for him than what they take for the elder one. It was seen that the relatives had taken two boxes of chocolates and a teddy bear for the younger sibling whereas they took one box of chocolate and a teddy bear for the elder one[2]. The extra box for the younger one was just because of the fact that he was a new born and the relatives went to visit the family and bless the new born on the eve of Christmas. However, this never meant that the family or relatives have less affection for the elder sibling. This gestu re of taking a little more amount of gifts for the younger sibling might make the elder one react angrily. This also created a bit of jealousy within her. Hence, she started behaving rudely with the relatives. Moreover, in another instance it was seen that she started shouting on her brother when he wanted to play with her toy teddy bear leaving his own. She thought that the relatives were treating them unequally. This led to a quarrel between the two siblings[3]. Miya got jealous on getting less gifts than her brother Tom and shouted at hi Tom being small cried on being scolding by his sister. Tom wanted to play with Miyas toy, which made Miya even more angry and both of them started quarrelling Parents distanced the siblings till they were calm Made the siblings understand that they must learn to share their toys and play together Parents explained Miya that Tom being small gets more gifts or a little more attention, which is necessary, keeping in mind his age. Giving a little more gifts and attention to Tom does not mean that Miya is being neglected by the family or by the relatives. Both siblings were taught not to misbehave in front of the guests ever. Parents created a win-win situation, where they said both the siblings were at fault and now they must both be sorry and reconcile with each other. Jenny stuck her tongue out at me and took my toy! I crie This situation turned out in a sibling rivalry because the younger sibling cried at the gesture of the elder one. The younger sibling got angry and irritated at the fact that the elder one made faces at him and also took away his toy. This made him throw some toys at the elder one as an act of revolt. The elder one took it as an insult and both started quarrelling with each other. The parent, being an adult tried to distance the two siblings until they are calm. Explaining to the kids that both of them were equally responsible This might not help in the first instance. So, the parent must suggest a game that can be played by both siblings with both the toys. This must be made clear to both the sibling that at times, more care has to given to one of them. What is bullying Key points Domination Undue advantage of power Repeated behavior Includes actions like making threats, attacking someone Impacts of Bullying Key points Harsh impacts on kids Suffers from depression and anxiety Sleeplessness and changes in eating patterns Loss of interest in activities Issues might affect adulthood Impact of Bullying There can be severe impacts of bullying in the lives of the kids. It can disrupt their mental health. Constant bullying at school or among the individuals friend circle can make them feel inferior to others[4]. This can be directly reflected through the changing sleeping and eating patterns of the kids. They might suffer from sleeplessness and irregular diet timings. This can also give the kids nightmares. This can cause serious mental trauma among the kids, the effects of which can be long lasting and detrimental and can affect the adulthood adversely. References Burchinal, Margaret R., Deborah Lowe Vandell, and Jay Belsky. "Is the prediction of adolescent outcomes from early child care moderated by later maternal sensitivity? Results from the nichd study of early child care and youth development."Developmental psychology50, no. 2 (2014): 542. Ching, Christina B., Haerin Lee, Matthew D. Mason, Douglass B. Clayton, John C. Thomas, John C. Pope, Mark C. Adams, John W. Brock, and Stacy T. Tanaka. "Bullying and lower urinary tract symptoms: why the pediatric urologist should care about school bullying."The Journal of urology193, no. 2 (2015): 650-654. Lpez?Jimnez, Lidia, Julio Blas, Alessandro Tanferna, Sonia Cabezas, Tracy Marchant, Fernando Hiraldo, and Fabrizio Sergio. "Ambient temperature, body condition and sibling rivalry explain feather corticosterone levels in developing black kites."Functional Ecology30, no. 4 (2016): 605-613. Rodkin, Philip C., Dorothy L. Espelage, and Laura D. Hanish. "A relational framework for understanding bullying: Developmental antecedents and outcomes."American Psychologist70, no. 4 (2015): 311.

Importance of PESTLE Analysis-Free-Samples-Myassignmenthelp.com

Question: Write an essay of explaining what the main strategy development tools are and how they are used in your chosen business Organization. Answer: Introduction Market analysis may be defined as a study of the attractiveness as well as the dynamic of a specific market. Market analysis is considered to be a part of the industry analysis and is also termed as environmental analysis. With the help of environmental analysis, the managers of an organization are able to understand the internal as well as the external environment of the market (Pulver 2012). While internal analysis of market helps the managers to understand the strength, weaknesses, opportunities as well as threats of the organization with respect to the international market, external analysis assist the managers to understand the political, economic, social, technological, legal and environmental factors of the specific market in which the organization has been or is going to be established. In this essay, a brief discussion on the importance of three of the crucial market environment analyzing tools, namely, PESTLE, SWOT and Porters five forces model has been performed Importance of PESTLE Analysis Figure 1: PESTLE Analysis Source (Gupta 2013) PESTLE Analysis can be defined as an external business environment analyzing tool. This tool is used b the management of an organization to track the environment of the country they are operating in or are planning to launch their business. The term PESTLE stands for Political, Economical, Social, Legal and Environmental. With the help of these tools, the above-mentioned factors of the target market are analyzed. The in-depth analyses of each of the mentioned factors have been discussed below: Political Factor This factor analyzes the extent to which the government of the target country influences the economy of the country. For instance, the government of a country may impose the tax on the product of an organization which may lead to enhancement of the overall production costs of an organization (Babatunde and Adebisi 2012). The political factor chiefly measures the fiscal and tax policies, trade traffics and other rules and regulations implemented by the government that may impose an impact on the organization. Economic Factor This factor analyzes the financial standpoint as well as the economic performance of a target market. Economic factor chiefly includes interest rates, inflation rate, economic growth pattern and the foreign exchange rate of the market. For instance, in case the country is experiencing inflation, it will impose a negative impact on the price and service o the company as well as on the purchasing power of the consumers. Social Factor This factor analyzes the social environment of the country (Johnson 2016). The chief determinants include demographics, population analytics and cultural trend of the market. For instance, since the citizens of US are highly health conscious, the McDonald Company, being a fast food chain is suffering from immense loss in the market. Technological Factor This factor analyzes how advanced the market is on the basis of technological advances. More advanced a country is technological, more favorable is it for the organization. For instance, companies like Quantas always target countries which can provide them with high tech tools and facilities. Legal Factor Unlike the other factors, this factor includes both the external as well as the internal sides. Certain laws are there which are implemented by the target country on the organizations while there are policies which are implemented by the organization to maintain the revenue. Some of the examples of laws that fall under legal analysis include labour laws, consumer laws and safety laws (Gupta 2013). Environmental Factor This factor includes laws and regulations related to the environment, imposed by government of the target market on the organizations. The rules are generally imposed to prevent air and water pollution. This factor is crucial for industries like farming, agriculture and tourism. A few years ago legal action was taken against KFC for using Polystyrene packaging for it fast food items. Porters five forces Analysis Like the PESTLE analysis tool, Porter's five forces analysis tool is used as an external environment analysis tool. It chiefly identifies and analyzes the major five competitive forces namely that shapes the business and helps the organization to assess its strengths as well as weaknesses. The Porters five forces model is comprised of five factors that include the power of the buyers, the power of the Suppliers, the threat of substitute products, the power of existing competitors and finally potentiality of the new entrants. Power of the Existing Competitors This force analyzes how popular are the competitors of the organization in the target market. The larger is the number of competitors and equivalent products, lesser is the power of the organization (Dobbs 2014). For instance, considering the fact that in US, several globally well-known fast food chains like KFC and McDonald are present, the Burger King Company is facing issues to gain competitive advantage in the fast food market of US. Power of the Suppliers This force analyzes how easily the suppliers can enhance the prices of their service as well as the products supplied to the organization. Less is the number of suppliers in the market, more will be their demand (Gupta 2013). Along with this, the power of the suppliers in a specific market depends on their quality of products and services, unique aspects and the switching cost of the company from one supplier to other. Power of the Buyers This force measures the ability of the consumers to lower the price of the products o services offered by the organization. The chief determinants of this force include the switching cost required to switch from one organization to another. More is the switching cost, less is the power of the consumers. For instance, since McDonalds ha numerous numbers of competitors in US, the power of the consumers is high. The threat of the Substitutes This force analyses the strength and popularity of the substitute products in the target market. Substitute products or service are products or services that consumers can use in the place of the organizations products or services (Dobbs 2014). If consumers find out that the products or services offered by any other organizations are better than the company on the basis of costs or unique features, then consumers will definitely switch. This, in turn, will affect the company negatively. The threat of new entrants in the market This force measures the chances of a new entry in the market. The less money and time is needed for the new entries to enter the market, more is the power of the new entrance. This, in turn, weakens the position of the company to a great extent (Wright, Paroutis and Blettner 2013). For instance, the treat of new entrance for the Nintendo Company is low due to high entry barriers in the US market. SWOT Analysis This tool measures the internal environment of the company. SWOT analysis can be considered as one of the unique techniques for understanding the strength, weaknesses, opportunities and threats of the organization. Strengths: Strengths can be determined by the characteristics of the organization that has the potential to provide competitive advantages to that organization. Generally, for a business organization, strengths include its brand equity, Consumer loyalty and others. For instance, the Strength of the CocaCola Company is its brand equity and huge consumer loyalty (Evangelopoulos, Zhang and Prybutok 2012). Weaknesses: Weaknesses of an organization refer to the factors that add disadvantages to the business. For instance, lesser amount technologies and consumer loyalty can be considered for two major weaknesses of business organizations (Agarwal, Grassl and Pahl 2012). More are the weaknesses, less is the competitive advantage of the company. Opportunities: This force determines the fields as well as the elements that the organization can use to enhance its competitive advantages. A company can enhance its competitive advantages by expanding its business in other markets. Threats: Threats can be defined as the elements that cause trouble in the way of gaining competitive advantages in the business of an organization (Kew and Stredwick 2017). One of the chief examples of threat includes the strength of the competitors and substitutes of the product or services offered by the organization. Conclusion From the above discussion, it can be concluded that the above-mentioned tools are highly crucial to understand the external as well as the internal condition of the organization. While PESTLE analysis helps the organization to have an in-depth picture of its target market, the porters five forces model helps the company to understand the potentiality of its competitors, suppliers and substitute products. The SWOT analysis, on the other hand, helps the company to understand its potentials, weakness, threats as well as opportunities. With the help of these three analysis tools, the company is able to understand and eradicate its loopholes and thus develops potential to expand its market. Reference List Agarwal, R., Grassl, W. and Pahl, J., 2012. 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Wright, R.P., Paroutis, S.E. and Blettner, D.P., 2013. How useful are the strategic tools we teach in business schools?.Journal of Management Studies,50(1), pp.92-125.