Sunday, May 24, 2020
9 Steps for Displaying a Living Christmas Tree
Some peopleà really hate to buy a tree only to turn around and throw it away. You may be one of them.à Displaying a pottedà living Christmas treeà can perk up the season and can provide a tree for your yard or landscape a few days after the holiday, to commemorate an extra-special season.à A containerized Colorado blue spruceà is especially good for preserving if you live in an area where it thrives. Your local nursery can advise you on the type to purchase for your landscape. Ità is not hard to keep a potted tree alive long enough toà plant,à but you need to be careful in following these recommendations exactly to improve theà trees survival chances. For one, it can be insideà onlyà from four toà 10à days. You also need to expect to give the tree several days of your attention before and after bringingà ità inside.à Advance Prep Local nurseries will have potential conifers that can be purchased several months in advance for delivery near Christmas.à If you live in a climate where the groundà freezes, youà need to digà a planting hole during moderate temperatures because the tree needs to be planted shortly after Christmas. No matter the climate, youll want to know where the tree will go toà ensure that it will thriveà (with the proper soil, sun, etc.). Caring for a Living Christmas Tree Your tree will come in a container with soil or as a bare-root tree that isà balled in burlap (b-n-b). If its a b-n-b tree, youll need mulch and a bucket to bring it indoors.à But first, you start in the garage. Graduallyà over time, introduce your living tree from outside to inside. Take three or four days using the garage or enclosed porch for acclimatization. A tree that is dormant and exposed to immediate warmth will start to grow. You want to avoid any quick resumption of growth.à Youll also need to reverse the acclimation process exactly to plant the tree after the holidayà celebration.While the tree is on your porch or garage, check for insects and insect egg masses.Visit your nearest lawn and garden supply store and purchase a spray with an anti-desiccant or anti-wilt chemical to minimize needle loss. Use it while the tree is in the garage. This particular product also preventsà the loss of valuable moistureà for the tree coming into a climate-controlled home.à When finally taking the tree inside, locate your tree in the coolest part of the room and away from heat ducts, to keep the tree moist.Place the tree in its container in a large galvanized tub or a comparable item, keeping theà root ballà intact. Stabilize the tree in the tub in a straight and vertical position using rocks or bricks.à This tub confines water and needles into a more manageable and cleanable space. It will also contain any mess you might have and limit problems associated with a live tree inside the home.à If it is a b-n-b tree, place it in a smaller container inside the tub, if it doesnt fit the tub snugly. Fill any empty space around and on top of the root ball with mulch to retain as much moisture as possible.à Water your tree in its container directly as often as necessary to moisten the roots, but do not get them soggy. Never overwater beyond moist.Leave your tree inside no longer than seven to 10 days (some experts suggest only four days). Never add nutrients or fertilizers, as they may initiate growth, which you dont want to occur in a dormant tree.Carefully introduce tree back outside using the reverse procedure of keeping it in your garage for a few days, and then plant it in the ground.
Wednesday, May 13, 2020
Macro Environment - 1114 Words
2.0 MACROENVIRONMENT ELEMENTS As an entrepreneur, they need to evaluate the environment not only prior to the start-up of their business but also during the growth stage of ventures. The environment means the situation where the company business ventures operate. As we know, ventures environment can be divided into two sections that are External environment and Internal environment. And the external environment also divided into two parts, which are Macro environment and Micro environment. But in this section, I just discuss about Macro environment. The elements of macro environment can affect business decision-making in the long term and unstoppable. Macro environment contains of four elements, such as Politic and legislation, Economy,â⬠¦show more contentâ⬠¦The demographic environment is of major interest to entrepreneur because it involves people, and people make up market. Among the topics of curiosity to demographers are the age structure of a country, the geographic distribution of its population, th e balance between male and females, and the likely future size of the population and its characteristics. Changes in the size and age structure of the population are critical to many firms marketing. Most countries are experiencing an increase in the percentage of elderly people and companies who have observed this trend responded with the development of residential homes, cruise holidays, and financial portfolio management services aimed at meeting this group s needs. At the other end of the age spectrum, the birth rate of most countries is cyclical resulting in a cyclical pattern of demand for age-related products such as baby products, fashion clothing, and family cars. Next aspect is cultural trends. The cultural environment is made up of institutions and other forces that affect a societyââ¬â¢s basic values, perceptions, preferences and behaviors. It is critical for entrepreneurs to appreciate fully the cultural values of a society, especially where an organization is seek ing to do business in a country, which is quite different from its own. Attitudes to specific products change through time and at any one timeShow MoreRelatedMacro Environment1130 Words à |à 5 PagesQ.1) Explain How Macro Environmental Factor Affect International Business Product With An Example. There are many factors in the macro-environment that will affect the decisions of the managers of any organization. Tax changes, new laws, trade barriers, demographic change and government policy changes are all examples of macro change. To help analyze these factors managers can categories them using the PESTEL model. This classification distinguishes between: Political factors: These refer toRead MoreMicro and Macro Environment2339 Words à |à 10 Pages1. Micro Environmental The microenvironment consists of five components. The first is the organizationââ¬â¢s internal environmentââ¬âits several departments and management levelsââ¬âas it affects marketing managements decision making. The second component includes the marketing channel firms that cooperate to create value: theà suppliers and marketing intermediaries (middlemen, physical distribution firms, marketing-service agencies, financial intermediaries). The third component consists of the five typesRead MoreMacro Environments and Breakfast Cereals2315 Words à |à 10 PagesMacro environments and breakfast cereals 1. Introduction Company Aââ¬â¢s cereals are manufacturers of healthy and nutritional breakfast cereals and ready to go breakfast bars. While their main manufacturing plant is located in Brisbane, their products are distributed in major supermarkets Australia wide. Knowing that breakfast is considered by consumers as the most important meal of the day the companyââ¬â¢s focus is on offering a multiple product range to various target groups with the added benefitsRead MoreMacro Environment2183 Words à |à 9 PagesMacro Environment The larger societal forces that affect the microenvironment- demographic, economic,natural, technological, political, and cultural forces. These factors represent constraints within which all organizations including the automobile industry must function. Macro Environment For any decision there is n number of factors which influences the decision. Be it a decision related to any organisation, any business concern or even an individual. Thus it is per se very much necessaryRead MoreThe Macro Environment2338 Words à |à 10 PagesThe macro environment Introduction Marketings role is to match the capabilities and resources within the organisation with market opportunities external to the organisation. Understanding customer needs is central to achieving this aim, but marketers must also be aware of factors that can cause customer needs to evolve. A change in customer needs will impact upon the organisations ability to serve its customers. This means that marketers have to be knowledgeable about what is happening in theRead MoreMacro Environment Factors933 Words à |à 4 PagesMacro Assignment Table of Contents 1. Introductionâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦...3 2. Summariesâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.....3 3. Macro environment factorsâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦....4 4. Industry involvedâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.......5 5. Impact of the factorsâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..5 6. Conclusionâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.6 1.0 Introduction The purpose of this report is to demonstrate an understanding of the marketing macro environment. The proposed research question was: Identify the macroRead MoreRyanair Macro Environment1737 Words à |à 7 PagesConsultancy Report Part 1 Ryanairââ¬â¢s macro and competitive environments Report compiled by: Student: Egle Sukyte Student number: 7124180 Course: Business Management with HRM Unit title: Marketing (MKT 432), Level 2. Table of Contents 1. Introduction.............................................................................1 2. Macro Environment ââ¬â PESTLE Analysis...............................................1 3.1 Political forces..........................Read MoreMacro and Micro Environment656 Words à |à 3 PagesThere are two kinds of external marketing environments; micro and macro. 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Figure 1: Component ofRead MoreExternal Macro Environment1645 Words à |à 7 PagesIntroduction 3 2. External macro-environment 3 2.1 Social and cultural forces 3 2.1.1 Changing gender roles 3 2.1.2 Attitude towards health, nutrition and well-being 3 2.1.3 Cultural beliefs in a country 4 2.2 Technology 4 2.2.1 Advantages of technology 4 2.2.2 Disadvantages of technology 5 2.3 Demography 5 3. Conclusion 6 4. References Lists 7 1. Introduction This report is discussing about how three major forces of macro environment affecting an organisationââ¬â¢s
Wednesday, May 6, 2020
The Secret of Toefl Essay Topics 2014 Nobody Is Discussing
The Secret of Toefl Essay Topics 2014 Nobody Is Discussing What Does Toefl Essay Topics 2014 Mean? DON'T assume immersion is the sole answer. Try to remember that silly grammar mistakes are somewhat more harmful than complex ones. You may want to take down a couple of words on your scratch pad, merely to remember. A great understanding of synonyms is necessary to paraphrase the question. Okay, and that means you have identified the subject, claim and details. Luckily, it's also much less common. You are going to be graded on the level of your writing in addition to how well your response represents the principal points of the audio clip and written passage and the way they relate to one another. Speaking about your opinions will help it become a lot easier to write about them. Your response ought to be 150-225 words. It's possible to still receive a great score with minor errors. New Questions About Toefl Essay Topics 2014 It's better to make a small plan before you get started writing your TOEFL response. Although there's an abundance of TOEFL writing material online, a lot of it is of dubious quality. Fortunately, you don't will need to come in the TOEFL with a prior comprehension of the topic at hand as a way to find the most suitable answer. Needless to say, many TOEFL takers feel this is definitely the most intimidating area of the exam. To succeed on the Writing section of the TOEFL, you want to understand how to write well and the way the test works. The TOEFL Test is currently predominately an iBT, although the paper-based may nonetheless be available in some places. Study for every one of the TOEFL sections with this comprehensive preparation training course. The Writing part of the TOEFL tests your capacity to compose academic-style English prose. Being aware of what graders are interested in and reviewing TOEFL Writing samples can go a very long way towards assisting you to get a high score on this section. The aim of the TOEFL Integrated essay is to take into account the method by which the reading and listening passages connect to one another. Teaching TOEFL is similar to teaching. Many students have trouble thinking of certain examples, but it's a significant part of excellent writing. DO study passages just like you would see in an undergraduate textbook. Just like the Reading section, the lectures will concentrate on something to do with academia, but the test-taker does not require a prior understanding of the material in order to obtain the suitable answer. Locate a lecture on a topic which you know something about. For the Independent Writing task, you're obtain a question on a specific topic or issue. The Writing section has two tasks. Writing about a different topic is a simple method to receive a very low score. Don't immediately begin writing. You may be requested to compose an essay about technology, education, media, loved ones, or another subject. Technology is a fundamental portion of our modern life. You may also decide to only practice the independent endeavor, if that's what you wish to concentrate on. Also, be certain that your support points all relate clearly to the subject, and steer clear of redundancy that is saying the very same things again and again, just using different words. Participating in a group procedure can be exceedingly rewarding for members of the group. Possessing a group of folks attack a project provides several benefits. People today work because they require money to reside. They do many different things to stay healthy. They should sometimes do things that they do not enjoy doing.
Tuesday, May 5, 2020
Bankersâââ‰â¢ Bonuses A Force for Good or Evil
Question: Evaluate and describe the difficulties that arise in business and political scenarios where the information held by groups differs. Critically examine the benefits of various mechanisms for allocating resources amongst competing groups. Appraise the effectiveness and desirability of alternative methods of overcoming asymmetric information. Answer: Understanding the Issue The banking sector all over the world is working under tremendous pressure. The pressure comes from the authorities, the stakeholders, the regulators, competitors, and the least from the customers, unless they are influential. To keep a semblance of efficiency, productivity and progression in the organisation, managements, says McCain, (2015), try to keep the employees satisfied through extra pay packages in the form of bonuses. These bonuses are linked to the performance, output, productive results and customer satisfaction shown by the employee. This is a vicious cyclic pattern, where the tussle between the employee and the management keeps going up and down, resulting in little respite for the affected parties, asserts McCain, (2015). Understanding the Situation If the whole issue is given a depth analysis, the results show that the situation is a perfect illustration of the Game Theory. The participants in this game are not after control, nor are they concerned about the end-result. All they are concerned is the Mechanism Design which each faction is trying to formulate as per its own rules. Each party is least concerned about the financial burden these mechanisms and theories, which are propagated every other year, bring about on the customer, who is unknowingly financing all this factionalism in the hope of getting a fair deal, as per Narahari, (2014). Employment Contracts Financial services market in the UK is among the largest in the world. To protect the legal rights of the parties entering into service contracts in UK, many regulatory provisions have been introduced through the Rome Convention. In this context, The Financial Services Act 2012 is an Act which has introduced a new regulatory framework for financial services in the UK with effect from April 1, 2013. It has replaced the Financial Services Authority with two new regulators, the Financial Conduct Authority and the Prudential Regulation Authority, and these are controlled by the Financial Policy Committee of the Bank of England. Unfair Terms in Consumer Contracts Regulations, 1999 has been controlling unfair means adopted by one party against the other and may include An obligation on the part of one party to fulfil all of its contractual obligations and letting the other party avoid its obligations. Binding one party to the contract while the other decides the services to be provided. Automatic renewal of a fixed-length contract whereas the deadline for one party to cancel the contract is unreasonably short. Changing the terms of the contract by one party, without describing the circumstances under which these can be done. Excluding or limiting the legal rights of any one party using unfair means. This paper takes a sneak preview of the Game Theory and the impact of the Mechanism Designs being played and enacted by both factions, as explained by Myerson, (2013). Game Theory Purpose of the Game Theory is to look at relationships between two participants, who are in a particular situation, and predict the optimal decisions which they shall take. The theory takes into consideration not only the benefits, but also the costs, which may result because of the decisions taken by the participants. GAME TREE A Game Tree, which is also known as the extensive form, is the graphical representation of the Game Theory. It helps in providing information about the parties and the payoff involved, the strategies and order of moves adopted. A game tree consists of nodes, which denote the points from where the parties can plan their next action. These are connected by edges, which represent those actions which the parties have decided to take while at that node. Starting from the root node, every set of edges followed by the parties eventually leads to the terminal node, which represents the end of the game. In the sequence, every terminal node denotes the payoffs which are earned by each player, assert Parsons, Gymtrasiewicz Wooldridge (ed.), (2012). Mechanism Design Once the theory has been put in place, the participants move ahead to decide the mechanism by which to implement the theory. Leonid Hurwicz, the noted economist explains that in the design problem, the goal known, while the mechanism remains unknown, as shown by Parsons, Gymtrasiewicz Wooldridge (ed.), (2012). Hence, economists also believe that Mechanism Design is inverse of the traditional economic theory. Two very distinguishing features of the game theory and mechanism design are: The game theorist shall select a new game structure instead of using an inherited one. The designer shall be interested in the outcome of the game. Bringing up the Issue In a recent development regarding the payment of large amounts of bonus to bank employees in the UK, the text of CRD 4 was approved by the European Parliament. The basic purpose of this document, say Borgers, Krahmer Strausz, (2015), was to stop paying high bonuses to bank employees by implementing the following four points The basic ratio of fixed pay to variable pay shall be 1:1, although some flexibility shall be allowed to increase it to 1:2, provided the shareholders approve. Managements can pay up to 25% of the bonus amount through long term instruments. In case amount paid is above the 25% limit, the excess amount over the 25% limit will not be eligible for payment through long term instruments. The rules shall be applicable to all banks operating in the EU and shall even cover employees which are based outside EU. This ratio between the fixed and variable pay shall be applicable only in respect to duties performed from 2014 onwards. Hence, any bonus amount pertaining to 2013 duty period but paid in 2014 shall not be eligible for the ratio. On the other hand, all performances of 2014 shall comply with this new rule, irrespective of the fact that the arrangement was entered into before the enforcement of CRD 4. Developing a Solution The agreement signed between the representatives of the employee federations, managements of banks and the EU Council Members can be represented by a Game Tree while taking into account the four points mentioned above. These points can be treated as the nodes and each node can be described in context to the timing, scale of implementation and the actual financial effect on the banking industry as a whole, says Lambertini, (2011). This paper draws a detailed comparison of the nodes mentions above. Timing The text of the document has been voted for approval by the European Parliament so there is no scope for any changes in the text. But, the lacuna lies in the implementation time. The authorities have created ambiguity by keeping the compliance date open it can be 1 January 2014 or 1 July 2014. Even for fulfilling the provisions of the existing CRD 3, the provisions clearly state that bonuses shall be paid in 2014 with respect to duty performed in 2013. Here again, according to Myerson, (2013), the implementation has been deferred to 1 January 2015 for the provisions covering the capping of ratio. In this respect, article 151 of CRD 4 clearly mention that provisions concerning the fixation of ratio between fixed and variable remuneration, as detailed under article 90 (1) (f) shall apply only to those remunerations which are for services provided from year 2014 onwards, assert McCarty Meirowitz, (2007). Scope CRD 4 shall cover all banks and institutions, however, the introduction of the ratio between the fixed and variable pay may be given wider coverage to other parts of the financial services industry. In this respect, The Alternative Investment Fund Managers Directive is already been cited for implementation from July and in a recent vote, the Economic and Monetary Affairs Committee of the European Parliament has shown its support for a similar ratio in its revised UCITS directive. Thus, if this ratio gets confirmed through UCITS, its impact would be felt by asset managers running retail funds in whole of Europe, as per Parsons, Gymtrasiewicz Wooldridge (ed.), (2012). Parties Involved The Identified Staff defined in CRD4 states it as risk takers in senior management and staff which is engaged in control functions. Any employee who receives a total remuneration which takes him into the remuneration bracket of the risk takers in senior management and whose professional activities may have a material impact on their performance shall also be considered as Identified Staff , as per Narahari, (2014). The above figure shows how the participants can make their choice game as this game tree relies on perfect information. Every node is associated with a participant who makes the move by selecting the next node and the connecting lines have been labelled according to the choices made by the participant. The game starts at the root of the tree and ends at that terminal node, which shows the outcome of the participants payoffs. Recent UK Legislations In the UK banks, such categories shall be recognised as Code Staff and shall fall within the existing FCA Remuneration Code. Here again, ambiguity has been created by EBA (the European Banking Authority) which has published a directive on 21 May and this suggests a very radical shift in the approach to apply this test to the identification of Code Staff comparative to the current rules. Under these circumstances, another Game Tree emerges, which involves the banks under the EBA as one party and the employees, who are covered under this revised proposal and to whom the bonus cap and other provisions of CRD4 may therefore become applicable, as party of the second part according to Hurwicz Reiter, (2006). The following can be treated as the nodes of this Game Tree. Deferral Another ambiguity arises when the rules say that at least 50% of the variable remuneration should be in the form of shares or its equivalent ownership interest or should be of instruments which should reflect the credit quality that the institution is a going concern or such an instrument should be convertible into equity in case of adverse circumstances. Variable Remuneration The ambiguity increases when the rules say that at least 40% of the variable remuneration should be deferred over a period which is not less than three to five years. In the UK at present, this variable remuneration component is of high amount, currently set at 500,000, and the rules say that at least 60% of this must be deferred, assert Borgers, Krahmer Strausz, (2015). Conclusion So one can easily surmise that not only the policy makers are engaged in the Game Theory, they are also managing the whole system through the devious Mechanism Design which they are propagating under the disguise of rules which are ambiguous in nature and leave lot of scope for legal challenges in the near future. However, the Commission is out rightly denying any such allegations and charges are being forthright dismissed. One of the most obvious ground for legal challenge, as per McCain, (2015) is the fact that the remuneration provisions being proposed are not compatible with Article 153(5) of the Treaty under the EU law being promulgated for the Functioning of the European Union. This article clearly excludes any kind of pay from the competency of EU laws. Now, the Commission is proposing that CRD 4 has been promoted as a provision which is to address the activities being carried out by credit institutions and investment banks and its purpose is to keep a check on their governanc e policies and is not meant to cover the social provisions of the EU Treaty, assert Parsons, Gymtrasiewicz Wooldridge (ed.). References Borgers, T., Krahmer, D. and Strausz, R. 2015 An Introduction to the Theory of Mechanism Design. Oxford University Press, New York. Hurwicz, L. and Reiter, S. 2006 Designing Economic Mechanisms. Cambridge University Press, Cambridge. Lambertini, L. 2011 Game Theory in the Social Sciences: A Reader-friendly Guide. Taylor Francis, London. McCain, R.A. 2015 Game Theory and Public Policy, 2nd ed. Edward Elgar Publishing, Cheltenham. McCarty, N. and Meirowitz, A. 2007 Political Game Theory: An Introduction. Cambridge University Press, Cambridge. Myerson, R.B. 2013 Game Theory. Harvard University Press, London. Narahari, Y. 2014 Game Theory and Mechanism Design. World Scientific, Singapore. Parsons, S.D., Gymtrasiewicz, P. and Wooldridge, M.J. (ed.) 2012 Game Theory and Decision Theory in Agent-Based Systems. Springer Science Business Media, New York. Tadelis, S. 2013 Game Theory: An Introduction. Princeton University Press, Princeton, NJ.
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