Wednesday, July 31, 2019

Fascism like a system of action and a system of thought Essay

According to Mussolini, Fascism is a system of action and a system of thought. It is of action in that; the doctrine is inherent. It sees the world’s generations and individuals brought together by moral law and common traditions and life not limited by space and time. It wants individuals to be aware of the difficulties surrounding them and should engage in actions in readiness to face these difficulties with all their energies (Goldberg, j. (2009). The program of the national Socialist German workers party(1920) stated that only people with the German blood could become citizens. This was a way of refuting the Jews from becoming nationals. It also stated that any person who committed a crime against the citizens was punishable by death regardless of race or religion. The party restrained from affiliating with any religious denomination but gave freedom to all denominations with a disclaimer that it did not injure the existence of the nation. It claimed to stand for positive Christianity but was against the Jews’ materialistic spirit. According to Lenin, â€Å"religion is the opium of the poor†.in this regard, all religious institutions in relation to all faiths were instruments that were used by the middle class and the peasants as an exploitation mechanism and to also perplex the working class. Issues of religion should be held as private contradictions of individuals i.e. private matters that concerns you alone and should not be used to bring revolution. On the other hand, Maxim Gorky viewed religion as harmonious unifying feeling existing between human beings and the universe. According to him, communists should use it to understand and solve life’s mysteries and in their quest for truth and justice. In the â€Å"Hymn to Stalin†, Evidence praises Stalin for being a great leader. He acts as if Stalin is a God by evidently worshiping him. Since communists do not believe in the existence of God, they use the philosophy â€Å"the end justifies the means†. For them, if a lie or even murder promotes their course to advance communism then that is not sinful. If there were no religion in communism, the state would have to protect its citizen or establish laws so as to bring order and curb injustices. In Divini Redemptoris, the Catholic church views communism as a way offsetting social order that aims at attacking Christian foundations of truth, justice and all eternal values. This is because, communists did not see any big deal in murdering people who had contrary opinions to what they stood for. A good example is Maxim Gorky, who was assassinated. Mit Brennen der surge accused the Nazi leadership of being discriminatory and exalting particular forms of state and races. His encyclical addresses blasphemy and idolatry by the Nazi state (1937). This is because the Nazi state worshipped people such as Stalin. In my opinion, through simple observation, some races are better than others in terms of intellectual ability and, for this reason, there’s no offence in exalting races that are better off. The issue of worship, one praises a person who helps him, in that case; Stalin praised because he visibly supported the communists. The Barmen declaration claimed that the Nazi regime made teachings contradictory to the Christian faith. This is because the Nazi regime claimed that Hitler was the head of the German church and that Christ and Christianity were Aryan. The declaration expressly stated that Christ alone is the word of God, the source of all authority and truth. It specifically refuted claims by the Nazi regime that other powers apart from Christ could be sources of God’s revelation. Closure of churches, murder of bishops and other church leaders and imposition of stringent laws and regulations that hinder the church’s activities, are some of the challenges faced by the church’s leadership in trying to remain faithful to religious precepts. References Hockings,  M.  D. (2004). A church divided: German Protestants confront the Nazi past. Bloomington: Indiana University Press. In Szczesniak,  B.  B. (1959). The Russian revolution and religion: A collection of documents concerning the suppression of religion by the Communists, 1917-1925. Notre Dame, Ind.: University of Notre Dame Press. Meyer,  A.  G. (1984). Communism. New York: Random House Source document

Tuesday, July 30, 2019

MIS answer

Most of the mobile devices such as phone and ‘pad provide convenient social networking applications helping people communicate, collaborate and obtain essential information via e-mail, typing messages. These easy-used applications can let people get along with each other anywhere they like no matter between colleagues or families easily.Based on a fast and high-efficiency data-obtained function; people tend to use these handy applications making business decisions day by day. A true application of app used by Gee's Mobile Center help decision makers mom in from the map to a specific transformer getting all key performance Indicators and diagnostic information. 2. Some specific examples by using Phone to achieve a better control In the production line are a lot.For example, TECH chocolate company make their integration industry come true since getting to use phone in order to quickly change temperature with an alert, turn-on or off the chocolate machine and achieve faster time-c ontrol; GE employees use pad to access email, contacts people and help them find patterns and trends in large volumes of data; Dhow Corning's Analytics get results f sales conditions for the silicon products, data analysis by using the App devices, and their employees use phone to check email, exchange information, presenting ideas too; Sunbelt Rentals start to use a single data package system for sales team with a smart equipment of Mobile Salesperson. It's appeared with a clear and complete system reports listed integrates data from different basic functions which takes a shortcut for sales managers to make any decisions in time; SAP's business develops a one time applications for users to stay connected with customers and business anytime after work and get the information of products inventory and sales discount. 3.Nordstrom, a top shopping place, improves their price-check and check-out time under the help of the connection between phone and leader-computer. Just using the Phon e to scan the bar code is ready to go. The employees also use the smart phones to clock on and off in one time. 4. There Is no denying the fact that mobile devices really did a good Job In cost down among business field. It not only let market sales get a maximum profit but also shows an easy and fast way for customers and sellers to get along with each other. So, business Industry has gotten a huge improvement In working efficiency, products and service quality, time control and so on when we use these high technology tools.Except that, it did a very important role in assisting person's social life, no matter in communication or team work. If we lose those precious applications, we do nothing to develop our industry and quality for people's life. Location of each stop, shipping time, package tracking information. Processing include basic package transform information, customer online account, and central computer. Output is composed of pick up, delivery efficiency, tracking routes, delivery mime and so on. 2. UPS uses Aids, barded scanning system, center computer. UPS uses the high- tech software to track packages and shipments, and do a cost calculation. Each of them can help UPS save time getting a better service by cutting down paper usage, transportation costs. 3.Service (try best to meet their customers need): Customers can download their order details whether they want to replace order or make a refund back. This process is fast and easy to do. Cost (save costs but keeping service quality): â€Å"340 Methods† is used to optimize performance from lifting and loading boxes to select a package; this teeth increase cost savings and goods safety. Competitive advantage (a leadership among global delivery service): by using high tech installment, UPS has been the leadership for many years since Faded and USPS appear. Their supply chain let them achieve a standardized service and build a reliable brand image among competitors and customers at the same ti me. 4.The scanning device like barded, Aids software, handheld devices and other methods keeping Pup's management system fast and precise for inventory checking, fees calculation, customers accounts management. That is the key why this company till remains strong competitive advantages. 5. If the technology is not available for the UPS, they will lose thousands of customers and stay at the original place keeping awkward step without any competitive advantages among the whole delivery companies. Because of losing technology, they will spend tons of dollars on costs and the time they use isn't proportional as what they want. 1 . This case illustrates the reasons why health care fees are so expensive in United States. One big reason is that the medicine records are currently paper-based, making it difficult to be shared and accessed.Another reason is to achieve an automatic electronic medicine record system still tough before 2015. Not only for a privacy concern by using these devices, but also unreliable data available for doctors to gain main points which they need. As a result, to improve a valuable electronic health device is still the main topic for us to explore so that our health organization can do a better Job with efficiency and control resources lost. 2. People factors are involved by physicians, government agencies, patients and insurance company. Physicians will easily be tired and exhausted by adding extra erasures of 20 hours learning and training if we use the electronic medicine system.Government's goal is letting this high technology system used in national wide in combination difficulty within several distinct systems. Patients all strongly need their privacy information being kept properly. Organizations are including the EMMER systems to be built. To get a complete set of patient information in full national wide is still a long-term way to go. Because different companies have different systems for health record, and to integrate all the syst ems without privacy leakage, unusable information of each patient yet pretty formidable. At the same time, a high-tech system needs a high-level doctor or physician to accommodate, how to train our doctors in limited time is also a key point to emphasize.For the technology factors, how to use EMMER systems to report the same data from government agencies to another one without a key is not easy. One of the most headache things is totally keeping patients' data proper and safe. 3. The business will trends to traditional way by continue using thousands of papers; and health care will be more and more expensive due to the personal records peeping. So, government has to spend thousands of money each year for those patients who can't afford their health fees helping them solve their financial problems. The insurance industry may also grasp such a big chance to earn money for those unaffordable patients. The other industries will also be affected because of the monopoly of medical institu tions.Competition among social industry will be more and more ruthless. 4. Digitizing medical reconsidering can bring a fresh working efficiency for both companies and social industries. As a reason of convenient and swift operational yester, people no long dare their high cost of health care fees but a comfortable price instead. Governments no more nervous for the low income payments and health care bonus each year. Insurance companies can go on carrying out their insurance friendly plan in order to keep on their original industry purpose of ensure people's life but not prolong people's lifespan. 5. In my points, I like this solution to use electronic systems to solve health problems.One reason is that this system solves an expensive system for person's health care and does huge contributions to doctors' diagnostic time before looking up the specific information they need. Another reason is that this kind of perfect system can bring good news to governments to ensure people's life quality and economy stability at the same time. Under the economic prosperity times, we need to try our best to use the high technology helping us improve working efficiency and get maximum profits day by day. So, the above details tell us a fact that this system definitely helps us solve several chain problems of economy monopoly, peaceful development, working productivity by increasing service and quality attitudes for a long time.

Monday, July 29, 2019

Art History Midterm Essay Example for Free

Art History Midterm Essay The tomb painters were more of artisans than they were artists in ancient Egypt. The reason for this is they didn’t typically come up with the ideas for what they were painting in the tombs; they were told what to paint and painted it. Artists would have had free range on what to paint rather than being told what to paint exactly. Artisans are more the people who can actually paint someone’s idea who might not be able to design or paint the idea given. One rationale reason for cave paintings in prehistoric times, that I have heard and agree with is that they painted these things on the walls in hope that the creatures would come so they would have food among other things. One particular example would be all the paintings in the Las Caux cave in France; it is a cave entirely full of images of bulls. Bulls or bison were a source of not only food but probably clothing and they could use other parts of the body for various things. These animals were extremely important for their culture to survive. I believe they painted them on the walls not only to honor the creatures for all they did to help their people but also as wishful thinking. It’s the whole â€Å"if you build it they will come† idea, if the people painted these animals maybe something miraculously would help their hunting season better. This theory helps show how they believed in gods and looked for help from a higher being just like we do now. 3. During ancient times goddess statues were extremely popular all over the then world. One of the most famous goddess statues is the Venus of Willendorf. She is the very first goddess statue that has been found and dates back to 24,000 bce. She is a very small pudgy statue with and large female areas; her face is not there and is replaces with grooves. The statue has no feet and cannot stand on its own. The way that the statue was created shows the importance of fertility and women by not only the enlarged breast but the wide hips that would be of assistance when it comes to giving birth. They most likely used this little statue to wish new couples luck when it comes to reproducing and it was a fertility statue. Modern day has a much different view on our â€Å"goddess† culture. People nowadays look up to Barbie dolls and stick thin models and celebrities. So much has changed since then. The prehistoric times and even up until more recent times believed that fuller women were beautiful and even that it showed wealth. I think that our culture looks up to the wrong people when it comes to our versions of a â€Å"goddess culture†. One Mesopotamian civilization that I like is Babylon. It was a land in the Fertile Crescent between the rivers like most civilizations in that time period. They had one of the most influential and important leaders, Hammurabi, who came up with one of the most well known set of laws or Hammurabi’s code. Babylon also was the home of one of the Seven Wonders of the World the Hanging Gardens of Babylon. Babylon was a very well set up society and really changed the way people governed their civilizations. They were one of the first cultures to write down their set of rules and stick by them through thick and thin and that was entirely new. Question 1: When it comes to restoring artwork it is a tricky subject. I think that they should restore art but not add anything to it because it makes it a different then it was originally portrayed. I think restoring the art so it is in full form is ideally good because we want future generations to see the pieces of art the way they were meant to be viewed. I mean yes, it is using a lot of time and a lot of hours to be fixing something that is broken and old, but it’s our history. If these artifacts were not there we would have no look into our past and how people lived. People should fix up old paintings, statues and buildings because not only is it part of history but it’s incredible to see how people could build such magnificent things without the technology we have today. It makes people appreciate what they have now and all the advances we have gone through. When it is 300,000 years from now and out pictures and buildings are slowly falling apart we would want someone to take their time and interest to fix up something that we once held as a huge part of our lives and our society. If the paintings, statues and buildings were built and built so beautifully they were made that way for a reason. Art is art and I think we should do everything humanly possible to keep this world as beautiful through the decades as it was meant to be when they first were displayed. Art History Midterm. (2018, Oct 30).

University Land Deal Essay Example | Topics and Well Written Essays - 250 words

University Land Deal - Essay Example His sources of power are the fact that he is aware of $16 million dorm that the extended university had earlier negotiated, and it was not better than what they wanted to sell off. He was also aware that there were few local properties that could serve as a comparison. Father Farrell also knew that the long university was in need of expansion of residential areas and their place was a convenient one. Father Farrell’s BATNA was the $18.3million which he had negotiated earlier with a commercial developer. Father’s RP is $17.8 million since it was the last price he had on his alternatives as more beginning on discussed with the board members. Her interest was to get the three dorms since her university needed expansion area for residential. Her source of power was the fact that St. James School was providing the best place for residential, and she was sure about it. Her BATNA would be $16 million she had experience with another

Sunday, July 28, 2019

Analyzing organizational change action plan Research Paper

Analyzing organizational change action plan - Research Paper Example It is imperative that a complete overhaul of the organizational structure is undertaken to reorganize it to fit the emerging changes. The alteration in this case will cut across the interests of all the stakeholders of the firm. Just to highlight the parties to the changes, the firm will start with the top management’s demutualization, introduction of new teams or systems, change agents and project implementation teams. The managing director of Landmark health care has been championing for the expansion of the firm and the point of emphasis is on change of plan of action. The issue of change is always characterized by uncertainty in terms of the future effects that follow the implementation of the proposed changes. However, a better future for the stakeholders of this health facility depends on the change in the structure of the management (Hill and Jones, 2013). On the side of administration, Landmark health care needs to cut down on the cost of running the organization through the large sums of money paid as salaries to the top management. To achieve this, the firm is engaged in consultative talks with human resource experts before considering eliminating some positions and introducing new ones. Decision making has been the bottle neck in attainment of the firm’s goals. This problem has been caused by a complex management framework and a lengthy chain of command which in turn has lead to a lot of bureaucracy. Some positions are redundant and just costly with negligible contribution to the performance of the firm hence their removal (Nanus & Dobbs, 1999). The leadership structure that Landmark health care requires must be visionary, open minded and tolerant to different opinions during decision making. A new team of managers that can propel this firm to greater heights must get rid of subjective decision but instead bring everybody on board when discussing matters of common interest so that the concept of objectivity comes in. This is one of the

Saturday, July 27, 2019

Metabical Case Study Example | Topics and Well Written Essays - 1250 words

Metabical - Case Study Example However, Metabical has faced competition ever since the FDA approved an OTC drug known as Alli. Therefore, Cambridge Sciences Pharmaceuticals had to come up with new marketing strategies, such as advertisements on TV, radio, celebrity endorsement and printed advertisements in medical publications. Its top priority was to ensure that patients gain knowledge and awareness of the drug. A Metabical potential customer is, therefore, required to make a well informed decision before settling for Metabical drug2. First, an overweight patient should be willing to lose weight either to be healthy or to avoid discrimination from others. Secondly, after an overweight patient is aware of their condition, they are required to start an exercising program and ask health care providers for assistance when they need it. Thirdly, after consulting healthcare providers, the consumers are required to consider and engage a different method that could be easier in achieving their goal of losing weight. Last ly, if all the other methods fail, the health care providers can recommend the use of the Metabical drug under observation. This way, patients can observe their progress in weight loss as well as evaluate the effectiveness of Metabical. Consumers and health care providers are the parties involved in the decision making process. This is because they are the target market for the Metabical drug. As such, it is also important to note that Metabical is a prescription drug that can only be acquired through a prescription. However, CPS should place into consideration the concerns raised over new weight loss drugs and focus on providing solutions to solve any problems that may arise. In addition, CSP should make up marketing communication strategies that attract consumer awareness, elicit their interest and arouse their desire hence purchasing the Metabical weight loss drug. However, these marketing communication strategies must be tailor-made to suit the interests of different targets3. I t is important to note that the consumer decision making process goes through some stages. The first stage entails recognition of the need for the Metabical drug. Many overweight people lack self esteem and consider themselves as outcasts. For instance, given an American case, more than sixty five percent of Americans are overweight. Here, the Metabical drug share needs with the Maslow’s hierarchy of needs that include the need for belongingness and love for companionship since no one likes to be excluded4. The next stage is alternative search, where the prospective consumer collects information from marketing sources such as advertisements, public sources such as newspapers and magazines. Some consumers opt to ask friends who have tried diet drugs before, family and health care experts for suggestions on recommendable overweight drugs. So far, the prospective consumers have been exposed to adequate information on diet drugs. The next step involves evaluation of available alt ernatives rather than Metabical drug. In this case, the consumer compares the Metabical drug to other products such as OTC products, the Alli drug, ephedrine and many others5. The consumer is also able to evaluate the ingredients of the drugs and rule out those that they may be allergic to. In this step the consumers’ objectives are to discover the side effects and the

Friday, July 26, 2019

How the Field of Business Has Been Impacted by E-Commerce Research Paper

How the Field of Business Has Been Impacted by E-Commerce - Research Paper Example Specifically, technological power of the present age reflects in computer and internet. Internet has brought myriad of wonders with its evolution, one of which happens to be E-commerce. â€Å"E-commerce is a commercial activity dealing directly with the trading of goods and services and with other related business activities, in which the electronic communication medium plays a central role.† (Heng, 2003, p. 104). Such activities include but are not limited to the payment management, spread of information, transport management and negotiation of financial tools. E-commerce has increased the national output by 2.7 per cent (Heng, 2003, p. 109). In October 1999, Sheikh Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai declared emirate’s intention of developing a â€Å"Dubai Internet City† (Martin, 2000). The Internet commerce was expected to increase from 26 per cent to 46 per cent of the worldwide expenditure from 1998 to 2003 (O’Briant, 2000). ... Because of its ability to connect people spread all over the world to one another simultaneously, internet happens to be a blessing for the e-commerce because businesses can advertise and sell their services and products online. Also, e-commerce benefits the consumers as they are able to gain firm understanding of the quality of a particular service or product prior to purchase through online discussions at social media websites. This enables the consumers to spend wisely and purchase only high quality services and products. E-commerce was very much there even before the introduction of internet, but in slightly different form. When internet wasn’t there, companies used such private networks as the Electronic Data Interchange (EDI) in order to do business with other companies. Back then, e-commerce was in an immature state. Companies had to incur a lot of expenses in the installation and maintenance of their private networks. Internet eradicated all those additional expenses a nd e-commerce flourished and spread far and wide in a matter of days. In this way, internet provided business entrepreneurs with a means to maximize the profitability of their businesses and minimize the expenses. In addition to that, internet served as an excellent means of spread of knowledge. Even if companies do not pay a dime for the advertisement of their products, they can create awareness among the public about them through social media websites. Numerous examples can be cited to prove the impact of e-commerce on business in the contemporary age. Blockbuster did business in retailing and renting of video games and VHS tapes DVD. Their products and services were fundamentally meant to provide the

Thursday, July 25, 2019

Communication and patient safety( Literature Review) Research Paper

Communication and patient safety( Literature Review) - Research Paper Example It has also been found that there is a decrease in the number of medical errors made concerning patients. Furthermore, adequate communication also has an impact on nurses because they become more motivated in their work, which increases their efficiency. This efficiency helps the patient as it improves the care that they are given, and this leads to the patient’s swift recovery. In addition, various factors influence communication between nurses and patients, one of the factors is the complexity of the hospital and nursing systems; thus, the larger and more complex they are, the higher the risk that the potential for patient errors will be increased. Therefore, it is necessary to ensure that adequate communication between the various hospital systems is instituted so that the number of such errors can be reduced or done away with. Moreover, the value of care depends completely on the accuracy and completeness of information being available to the nurses who care for the patien ts. While this is important, it should be noted that the accuracy of the information becomes outdated over time and this is the reason why more, up to date information has to be collected to ensure that the caregivers provide the best service possible to the patient (Manojlovich, Antonakos and Ronis, 2009). On the other hand, Turkoski (2009) states that errors tend to occur when during the communication of a patient’s medication. This usually happens when there is a misinterpretation of the various abbreviations or acronyms to the drugs, which have been prescribed to the patient. This creates a situation where there is the potential of a patient taking the wrong drugs, taking the drugs at the wrong time of the day, or even worse, taking an overdose of the prescribed drugs. It is therefore necessary to ensure that errors in the writing down of instructions for the patient or caregiver are avoided and that the person writing the said instructions is alert at all times to the po tential of making mistakes. Among the recommendations made in Turkoski’s article is that there must be a standardization of all the abbreviations and acronyms for the drugs used in the medical field so that there can be no confusion over the type of drugs that have been prescribed. It has been found that many drugs have similar names that may lead to the nurse giving the patient the wrong medicine. To prevent such incidences, it has been recommended that capital and small letters be used to differentiate the drugs with similar names to avoid confusion. This will work to ensure that there is uniformity in the communication of medication and this will ultimately promote the safety of the patients to whom the medication is prescribed. With uniformity in communication, the work of the nurses will become less cumbersome because they will be able to be accurate in their administration of medication. Frankel (2008) states that in many hospital systems, there is always a breakdown in communication, this isbecause the nursing staff is usually afraid to report errors because of the potential of being punished. This fear has made it difficult for errors to be corrected and has ensured that the outcome for patients is greatly diminished. The lack of adequate communication has created a scenario where nurses are not able to conduct their activities efficiently and this has come to have a devastating impact on the safety of the

Wednesday, July 24, 2019

Why wood engraving is still being used today Dissertation

Why wood engraving is still being used today - Dissertation Example The print is made on a block of wood and portions of wood are carved to bring the image on it. It has enormous appeal and aesthetic value, which made it a distinctive art form to create and admire. Unlike copper and steel engraving, wood engraving had an organic element to it, which made it an art to be cherished the wood engraved art forms are known for its ornamental beauty and attraction and had its origin in the eighteenth century. Wood engraving is one of the important relief processes apart from wood cut and linocut and is used till today for its elegance and antiquity. Wood engraving is in essence only a form of wood cut, but in effect and appearance it is quiet different. Wood engraving is the art of creating figures on the wooden block and was a very valuable art form in the olden times. The wood engraving art was previously known to the ancient Egyptians and they used it on rings and stamps. 1 The custom of stamping bricks in this manner was very general both with the Egypt ians and ancient Babylonians. Even the Greeks and Romans also practiced this art before the introduction of book printing .Chinese men also had the history of wood engraving in early period of time. It is believed that this art form got introduced to Europe in the late thirteenth century by some travelers visited the place. 1Chatto, W.A. (2005). A history of wood-engraving. Retrieved from http://www.antiquemapsandprint s.com/a-history-of-wood-engraving.htm The History of Wood Engraving Wood engraving gave a golden chance to European countries to grow out of olden wood cutting tradition. It is very difficult and impossible to trace the real origin of wood engraving as reflection of this art can be seen in many civilizations. 2 No man or group of men has been able to trace definitely the origin of the ancient art wood engraving. It was in sixteenth and fifteenth century; this art has got prominence by producing art works of unique beauty and precision. The Chinese, Greeks and Romans i n ancient times used this art form to produce various images and figures. Before the arrival of mechanized printing the Chinese people used wood block printing which was a type of wood engraving work. The art of printing with wooden blocks were prevalent in China before 600 century and Europeans brought this art from Chinese land. The Chinese have wooden engraved wooden block which is used for their complex characters and symbols and were superior in quality than that of the European counterparts. Moreover, the Egyptians and Babylonians also used wooden engraving to make stamps on documents and impressions for the benefit of royal families. After the nineteenth century, the influence of the Gothic students on Spain brought about monograms and stamps made out of wooden engraving. This practice was mainly done to overcome the inefficiency and inaccuracy of hand writings. It is believed that around thirteenth and fourteenth centuries Italian and German officials used frequently wooden engraved stamps to affix their official documents. 2Furner, J.W. (2010). A history of wood engraving. Retrieved from http://typocurious.com/a-history-of wood-engraving/ However today‘s form of wooden engraving can be dedicated to Thomas Berwick who was the pioneer of wood engraving art. Thomas Bewick was born on August 12th in county of Northumber and his father name was John Bewick who was a land scale colliery by profession. Unfortunately, Thomas displayed a high skill in early years of his life and this can be contributed to his ability to observe natural objects and manifest them in his work.3Thomas was apprentice at the age of fourteen, to Mr. Ralph Beilbey of lived Newcastle. He was a respectable copper engraver, and had very much reputation in the

Tuesday, July 23, 2019

History - Annexation of Hawaii Term Paper Example | Topics and Well Written Essays - 1250 words

History - Annexation of Hawaii - Term Paper Example The Armed forces of the United States were ordered to provide this support on the directives of the minister of the United States to Hawaii. In reality they were missionaries who had been welcomed for several years by the Hawaiians who did not see the annexation in advance. Subsequently they became influential politicians and destabilized the monarchy. They indirectly wanted Hawaii to become a part of the U.S. so that they did not have to face the dilemma of paying the tax. Despite her plea â€Å"to undo the actions of its representatives† U.S. government did not allow her to access the throne again. One side of the story told by the businessmen was that the reason they overthrew the queen was because it was a corrupt and dissolute regime. They were more interested in installing the advance democratic principles. The Western power was keen on acquiring the island because of its rich coaling station and a promising naval base. The native population became an ethnic minority by 1891 due to western diseases, cholera, smallpox and leprosy, they were vulnerable to. America used the imperial force to attain Hawaii (Thurston 1897). Imperialism, as it is defined, is an extension of country’s ideals and values over another nation, and primarily acted upon the less developed countries. Grover Cleveland, the new president withdrew the treaty handed over to him by the former Benjamin Harrison, for the purpose of re-examining, who was compelled to do so by the American businessmen convincing the Congress. After discovering how the island was conspired into this seizure, Cleveland recommended that the monarchy should be restored. In a message to the Congress, specifically addressing Minister Wallis, Cleveland urged to restore the condition of the island as it was previous to the â€Å"lawless landing† of the forces of the United States at the Honolulu. He proposed that â€Å"the past should be buried† and the â€Å"restored Government should resu me its authority† without being affected. But Congress did not act upon this command. In 1894, Hawaii came under Stanford Dole, who, declared himself president of the Republic without much consent from the natives. The queen was placed under house arrest held for the guilt of treason. A fine of $5000 was also placed on her. In 1896, the Republican Party called for the annexation of Hawaii in the presidential election. In 1990, Hawaii legitimately became a U.S. territory under William McKinley, out of fear that it may be annexed by Japan. He also feared that he lacked majority support for the annexation in the Senate. Eventually, several immigrant laborers from all over the world joined the sugar business. Today Hawaii comprises of people belonging to China, Japan, and Portuguese from Madeira and the Azores including Puerto Rican’s, Koreans and Filipinos. This resulted in Hawaii having the most diverse population of the world. Located far from the world, it became to be known as the paradise on earth. It attracted a lot of people from all over the world and thus began the Hawaii Tourist Bureau’s active role from the 1900s. Brown states in his paper how the Hawaii was simultaneously starting to be treated as a tourist destination. He shows how colorful pamphlets were released to encourage people from all over the world to visit the â€Å"vividly gorgeous kaleidoscope of thought† where one could â€Å"catch a whiff of fragrant jasmine† or the like and enjoy the South Sea. These attractive features were used by businessmen

The History Of United States Essay Example for Free

The History Of United States Essay The differences between the federalists led by Alexander Hamilton and republicans under the leadership of Thomas Jefferson shaped the political and economic direction of America in their day. This paper asserts that these differences were determined by individual perceptions that gave birth to these ideological differences. When faced with the responsibility of leading the country, Jefferson embraced some of Hamilton’s ideas. Alexander Hamilton the federalist was born in the West Indies on 11th of January 1757. His party the Federalist Party was formed in 1792 and lasted all the way up to 1816. This was the first party to be formed in America On the other hand we have Thomas Jefferson who was the third president to rule United States of America and was born in 1743 in Virginia. He was very influential in laying the foundation for Republicanism. Unfortunately, the two leaders had very little in common. Jefferson’s Democratic Republican party was formed in 1792 with a motive of opposing Hamilton’s economic and monetary views but the party split in 1820s because of the party differences. He died on 4th July, 1826. Their philosophies on social, political, and economy were very different. For example they disagreed on the system of government, constitution and the funding of the federal government. The main focus of this paper will be to compare the similarities and differences between the social, economic and political philosophies of Alexander Hamilton and Federalism on one hand and Thomas Jefferson and the Democratic Republicans on the other. The paper will also try to look at why these political functions emerged, how the leaders viewed each other and from what segments of society they drew support from. Hamilton was a very strong advocate of a stable and strong centralized government and worked hard to convince the congress to enact laws that would facilitate its formation. He was basically talking about how this government could be financed, how a national bank would be created and where taxes will be obtained from for example, from imports and on whiskey. He was strongly inspired by British’s trade and its financial base. On the other hand Thomas Jefferson formed his Democratic-Republican Party which later came to be regarded as Republican Party to oppose the federalists view on economic and foreign policies such as the formation of a central government. They opposed Hamilton for proposing the extension of trade and other friendly business with foreign countries such as Britain. About the constitution, Hamilton wanted the constitution to be loosely interpreted while Thomas Jefferson and his party believed on strong and strict constitutional formation that would limit the judicial interpretations. They were opposed to the issue of forming a national government which they dismissed as unconstitutional. They also differed in the type of government they wanted for example Hamilton wanted a balanced economy with industries, agriculture and trade while Jefferson believed that the country could only be supported by the work of the common man. Hamilton since 1795 advocated for the promotion of trade to other parts. He also wanted international cooperation with Britain to be supported. Additionally, Hamilton wanted U. S to embrace a policy of tax collection and a national bank to cater for national debts while on the other hand the democratic Republican Party was against this although after the war in 1812, this party split after they were defeated, many young leaders who were against Hamilton’s idea of nationalism supported it and started advocating for strong military defense which they had in the past opposed. (Albert W. F. , 1984). Although Hamilton and Jefferson differed in many things, later Jefferson welcomed Hamilton policies. For example, after the former won the presidential elections of 1800. His strong opponents like Gallatin and Madison started adopting some of Hamilton’s policies like the formation of a national bank. They also started forming strong military base something that came into their mind soon after they lost in the war of 1812. They also embraced Hamilton’s policy of being flexible in interpreting the constitution. This is what is referred to as loose interpretation or using basket clause. Also the tariff policy so as be able to finance the federal government was adopted. Another thing borrowed from Hamilton was the issue of forming a strong standing army as well as the country’s economy that would be supported by the federal government. These both factions had different origins. The Democratic Republican Party originated from Philadelphia among the congressmen. In the beginning it was called the Republican Party but later, it was widely marketed in New York by Thomas Jefferson who included the states and other leaders from different localities. His party strongly advocated for liberty for all. On the other hand the Federalist Party was created by Hamilton alone and become its leader it relied on for urbanites it was the first to be formed in USA. Some saw it as people’s party while others criticized that it had a very weak connection with the masses. The Federalist Party started after Hamilton was appointed to the office by George Washington who was the then president. By this time he was a retired staff member. Hamilton wanted a federal government with a strong financial base. He went ahead and proposed his own economic program. He wanted the central government to cancel the debts that the sates occurred during the Revolutionary war of America and there by replacing it with a national debt. That is a debt that would be paid by the central government itself. He believed this would have only been possible if there was formed a national bank. His closest friend Madison left him and went to cater for his people in Virginia thus dropping the idea of nationalism. He later joined Jefferson in opposing Hamilton’s ideas. In 1790 Hamilton relentlessly started looking for followers countrywide. He believed that if he mobilized likeminded people and use his treasury networks to bring together all those people in the government like bankers and merchants, then he could make it. He began his politics in urban areas and as time went by, the party assumed a national identity and eventually became the Federalist Party. On the other hand, the Democratic Republican party was founded by two people that is, Jefferson and James Madison sometimes back in 1792. The party was formed with a motive of opposing Hamilton’s views on the economy and foreign policies. The foreign policies were of prime concern to the republicans. Hamilton wanted U. S to start having friendly relations with Britain and his party strongly condemned the French revolution. Jefferson’s party put ahead of all other things the freedom of Yeoman farmers and rights as opposed to federalism. He differed in Hamilton’s ideas on monetary things, national bank, creation and high spending in the military. In1790s the federalist and republicans traded abuse through newspapers. Hamilton was seen as a monarchist who never valued the American culture. He was accused of favouring the rich so that they could support his politics. Later they turned to using humors against each other. They opposed the treaty of 1784, Jay’s treaty that advocated for having relations with Britain and criticized the French revolution. They termed Britain and France as their archenemies. Jefferson and his supporters claimed federalism favored aristocracy instead of the ordinary people. However, after1812 Jefferson’s party split into two because of party differences. The young leaders in his party favored nationalism and creation of a strong army that would provide security to the Americans but Thomas Jefferson and his clues refused this. These younger leaders were Clay, Adams and Calhoun while the old party was headed by Randolph, Crawford and Nathaniel Macon. Both sides differed in beliefs which made them to support different factions. The later backed Andrew Jackson. After elections were held these factions became separate parties. The one for Jackson became the modern Democratic Party. The federalism party that was formed by Hamilton drew its support from all over but mainly from urbanites that would support his policies. Hamilton’s party had a lot of job opportunities thus it was able to attract many people while did not have many job opportunities. Jefferson drew his party support from the rurals whom he believed were the backbone of his party. . Alexander Hamilton firmly advocated for the government intervention and support in trade. He never advocated for free trade like it was the case in Britain for he believed this led to misuse of funds by channeling them to colonial powers. He believed that if his policies were implemented, then the economy would grow into stable heights. Hamilton was an orthodox although not a very strong believer. He did not believe that Christianity and democracy could go hand in hand. Hamilton misused religion to meet his political objectives especially during the revolution in France. To conclude, it can be said that Jefferson and Hamilton differed in many ways than they had in common. In the past they disagreed almost in everything but later Jefferson and the Democratic- Republicans changed their minds and embraced some his policies especially after they lost in war of 1812. His political party split because young leaders in his party like Clay and Adams supported the idea of nationalism and the creation of a strong army which the other faction in the party opposed. Finally after elections were held the two factions became parties. Jefferson’s party which was under Jackson became the Democratic Party while that for the youngsters faded after the civil war. After this, democrats welcomed some of Hamilton’s ideas such as having a strong central government as well as strong military base and an economy that would be controlled by the federal government. Jefferson believed in strict interpretation of the constitution that would limit the judiciary misinterpretation and Hamilton’s idea of creating a bank that would handle all financial cases of the central or federal government. This idea was also rejected by the representatives of the southern colonies whose economy did not favor the creation of a national bank. In short we can say that even in areas that they came to think alike, it was after they lost the war of 1812. The party became divided and the two parties went on their own. Reference: Albert W. F. , 1984. The Authority of Publius: A reading of the Federalist Papers. Ithaca, New York: Cornel University Press.

Monday, July 22, 2019

Feminism in the Handmaids Tale Essay Example for Free

Feminism in the Handmaids Tale Essay Some would argue that Margaret Atwood’s The Handmaid’s Tale is a book that pulls its ideas and beliefs about women and their place in society from the Bible. But based upon the novel, the Bible, and some writings by Christian writers, that is true, but highly skewed. Let’s begin by taking a look at how society is setup in The Handmaid’s Tale so we can have a clear understanding where the author is coming from. The whole premise is that women have lost all power, freedom, choice, and equality and are instead deemed either suitable for slave/maid type work or bearing children. Girls are taken to Rachel and Leah Re-education center, or the red center, as the girls living there knew it, and â€Å"indoctrinated† or brainwashed into the ideologies of the government and taught that their only role is to conceive children. They are also told that the structure of this society (Gilead) is better for women, more respectful and safe. Offred, the main character in the novel has a very monotonous and strict routine everyday that consists of shopping for the commander, the man of the house, and visiting the doctor frequently to be checked, and then undergo the ceremony. This ceremony is the emotionless, speechless sex that she has with commander in order to bear children because of the sudden drop in reproduction in the past society. Now that we have the groundwork laid, lets look at a couple ways they skew the role of women from what it is meant to be according to the Bible. The ceremony that they participate in includes reading from the Bible before engaging in sex. The only problem with that whole idea, is that they only read a small passage of one book every time, that speaks about a barren women urging her husband to lie with her servant so they may have a child. The problem with this is that it’s taken completely out of context. The backstory to Rachel, the barren woman, is that Jacob was supposed to be married to her after working for her father for seven years, but instead Laban, the father, gives his older daughter Leah to lie with Jacob. When he discovers he was tricked he tells Laban he will work another seven years if he can have Rachel as his wife. Because God saw that Rachel was much more loved than Leah, he made Rachel barren and blessed Leah with four children. This is why Rachel asked Jacob to lie with a servant girl; she was envious of her sister Leah (The Holy Bible ESV, Gen. 29-30). The way it is portrayed in the novel is just as a source of reason. The commander and the government need a way to convince women of society that what they are doing is good and it is what they are designed to do. The Bible also speaks in Genesis how man and woman were created in God’s image and how both are equally valuable. Women in Atwood’s The Handmaid’s Tale are not at all treated equal. Wayne Grudem says it well in his book Bible Doctrine, †¦and Paul emphasizes, â€Å"In the Lord, woman is not independent of man nor man of woman; for woman was made from man, so now man is born of woman† Both men and women are equally important; both depend on each; both are worthy of honor† (201). This quote really shows how incorrect the society of Gilead has interpreted the Bible and also how poorly they have viewed women. They claim the safest way to protect the women is to restrict all their rights and give them the opportunity of one of three positions in society, which of those three, they do not even get to select. There are few instances in the novel that represent love, affection, or care; and this would be in the previous world and then between Offred and Nick and even that is a lot of physical affection more than true love. The Bible clearly states in Ephesians 5, â€Å"Husbands, love your wives, as Christ loved the church and gave himself up for her In the same way husbands should love their wives as their own bodies. He who loves his wife loves himself. For no one ever hated his own flesh, but nourishes and cherishes it, just as Christ does the church† (Eph. 5). This whole idea is nowhere near represented in The Handmaid’s Tale. The commander is married to the wife almost as a status. He has total authority over her and because she is barren they do not even sleep together. To bare child, he lies with the Handmaid, and to have pleasure, he visits Jezebels, which is a strip club. Which brings up another point in which prostitution and pornography were two of the major staples in the State’s philosophy of keeping women protected, yet they still have clubs that the men visit to enjoy themselves. Some may argue that there is biblical text to support everything that was done, such as Titus 2:5, which states â€Å"†¦women are to be submissive to their own husbands† (Titus. 2. ). This verse is said amongst many other actions women should portray towards their husbands, but it is originally meant, all out of love for their husband and ultimately for their love of Christ. Gilead believes having authority over everyone’s lives and particularly complete control of women. This just one more example of the misconstrued biblical reference portrayed how they see fit. This whole concept of people pulling verses out of context and twisting them to what they want is why so many people have a hard time believing in the truth. It has been so misinterpreted to what people want to believe or how people want others to believe. Gilead’s focus is on reproduction, order, control, and power. They have just found a way to use religion as a tool for their own plans, and in doing so have butchered the entire meaning of the device they are using. One more example of this is through other biblical references in the language. The entire book uses a variety of religious or Biblical language which includes but is not limited to: soldiers being called angels, the domestic servants are called Marthas, the store Milk and Honey, and even vehicles carry religious terms such as behemoth or chariot. These terms are used to help solidify the State’s justification for their actions. Using Biblical terms allows them to continue to preach that everything they do is to protect and serve according to the Bible. Again the problem is that they pull what they want from context and don’t use it according to how the original author intended it for the original audience, or how God meant for us to live. Margaret Atwood wrote a great novel describing what life could be like; if suddenly all women were subject to men’s rule and forced to live under such rigid conditions due to society’s prior downturn. Although the basis of Gilead, and it’s ideas and beliefs were high misinterpreted passages and references of biblical text. As previously stated, if someone is going to use biblical and historical references to support a cause or form a governing society, they must have the facts straight. This means using them in context, and for the original intended purpose. Not changing them or falsifying them to fit your ideas and beliefs.

Sunday, July 21, 2019

Business Plan for Record Label

Business Plan for Record Label Business Planning Introduction to unit eight coursework In this unit, I have the opportunity to structure a business plan for a business proposal, which I will have the opportunity to create. For this segment of the assignment, I will clarify the main activities of the business, in addition to its aims and objectives. The assignment will also be focusing on the marketing and financial planning of my chosen business, notwithstanding, the operations and financial planning of the proposed business proposal. At the end of it all, I will be evaluating my business and its viability. However, to start a business I will need a business plan. A business plan is essentially a plan of a business that is to be set up; this is usually a written piece of statement about the business (think of it as a blueprint). This is a useful document to have because; firstly, it outlines the business itself and outlines what the business is essentially about, and secondly, it allows the owner/manager of the business to work towards the success of the business by spotting and avoiding failures. In general, a business plan will have the following statements; what the business is all about (i.e. the nature of the business), the aims and objectives of the business (What they hope to achieve and expect in the future) and how the individual plans and will o about creating the business. This can be illustrated in a majority of ways however; a financial planning of the first six months or perhaps even a year would be ideal or information about how the investments are to be raised for the business. A business plan is a very indispensable piece of document to have if someone is considering starting their own business, this is because a business plan outlines/predicts what the business will be like after setting up that gives a clear understanding of how the aims and objective are to be obtained as well as defining them. Furthermore, a business plan will also help to plot any pitfall along the way, i.e. a detailed cash flow of a businesss first six months will be able to suggest if the business will have a higher cost when compared with the profit they make, even before the business has started, and this can prevent major loss of profitability. Not only does a business plan outlines and spots major flaws in the business, but many businesses and entrepreneurs use it as a source of motivation; a backdrop to compare their current performance against. Further adding more, a business plan would be beneficial to establish or to re-evaluate the businesss competitive position within the market place by conducting a thorough analysis of the competition. This would involve finding out the strengths and weaknesses of the competition and how the business can be taken advantage of. In conclusion, as mentioned above, a business plan is important for a business because it helps to clarify the vision of the business and decide whether to forge ahead with the idea. Without a business plan, it would be very difficult to convince external investors to invest the business. Not only that, a business plan will also help the business determine their target market that they want to aim their product at, which is always useful to know. The Business Proposal For my chosen business proposal, I have decided to create a music label, and have named it P.K. Media. Generally, the term â€Å"Record label† is something that is associated with the music industry. A Record label is a brand and a trademark, which is associated with the procedure of marketing and distributing musical recordings and music videos of their signed artists. A record label is also the company that manages the artists/bands and coordinates, manufactures, promotes and distributes their productions i.e. music/videos. Record labels are also responsible for the enforcement of copyright protection on the media that they distribute such as CDs and DVDs, so that their content (such as music), cannot be copied and sold as pirated versions of their work to the customers by other individuals. The business I intend to propose will primarily focus on the production and the promotion of the music of its artists/bands in the local area, the Midlands. The reason for this is that there is a much lower cost of setting up a music label for the local area as there are less promotional activities which the label would have to finance and carry out, thus reducing the start up cost of the business compared to if it was a nationwide business. The main services/products that P.K. Media will provide to its consumers and music acts are as follow: * Music sold using online services such as iTunes and the business website. Some music will be available for free download as a promotional activity. * Provide live performances by its artists and bands as a secondary service. o Commissions from artist will be charged on this, depending the amount of tickets sold by the act. * Offer promotional services for unsigned artist and band acts and charge commission depending on their popularity, music sold, the amount of record deal they receive etc. o Free promotional services will also be available for unsigned artists on the businesss website for uploading their work to display to the internet audiences. o Manufacturing CDs and DVDs will also be available for artists wishing to use for promotional use, however it is highly likely that there will be a fixed cost for this service. * Record deals will be available for artists; majority of the aforementioned services will available with this, as the business will undertake the sole responsibility for the promotion, distribution, production and the sales of the artist/bands music signed to P.K. Media. * Recording facilities and personnel will be available to customers who wish to record their own music that will be mixed by a professional studio engineer. Customers will be charged on an hourly basis or perhaps special offers upon depending upon how much music they wish to record. Live performance are a good way of raising additional profit other than selling CDs because with live performances, My business can charge commission from the local pubs/bars to supply the live performances with beverages, as a result the pubs and bars will also get some promotion of their products and services which will benefit their businesses as well. Furthermore, the business will also be able to make profit through selling tickets for the live performances. The location of this business will be varied and may not be based in a single location, the reason being that if my business is organising the performances, then it will have to be located at the performances to manage the bands and other aspects of the performance i.e. selling the tickets. However, P.K. Media will need facilities to record the band/artists music and venues for live performances, for this it will be a necessity to have access to a recording studio and to be able to rent a venue in the local area. Having acce ss to a studio can be done in a number of ways such as renting a recording studio in the local area or purchasing the equipment and setting up the recording studio at home or other location, such as a youth centre or other rented location like flats or houses. The cost of the musical equipment such as; mixing boards, computers, mics, instruments, audio processing hardware and sound proofing the location can add up to a significant amount and as a new business the cost of starting up should be kept at a minimum. Ultimately, a more convenient option would be to rent a recording studio, which is pre-provided with all the equipment needed (as described above). Another issue which may arise would be that if my business had to purchase the musical equipment I would have to purchase the low-end equipment as the high-end (studio quality) equipment can cost thousands and upwards and as a small independent music label there would be limitations for the finance. In addition, the low-end equipm ent could also reduce the quality of the recording, and as a record label that will not be beneficial for the artists because consumers would not want to purchase bad quality products especially if the product is aimed at entertainment purposes. Imagine listening to ones favourite song with hissing noisiest, crackle and static noises, it would not be pleasant to listen to which is why quality of the audio is a substantial element of a record label. Reason for choice of business? The idea of a record label interested me because; with a record label, there is no need to purchase stock; it is a service-based business, which means that a record label does not have to manufacture or purchase anything other than to sign the artist and record CDs. A record label is basically, the intermediate service between audiences/customers and the artist. In essence, while the artist makes the product, the record label simply delivers it to the customers, almost like an intermediary. Another thing which seemed interesting is that the possibility of a sole ownership of the business. Since a record label is a service-based business, it is not necessary to have partners (as with any other businesses). It can be set-up with a moderately low cost, which mean that there is no need to invite external investors to invest in the business and hold a percentage of shares in the business, leaving room for more creative control over the business. Personal interest is another factor that may have influenced my choice to pick a record label for a business proposal. Unqualified amateur musician myself, I find that music is the greatest past time for all ages which is why I liked the idea of providing people with good quality of music to listen to which is easily accessible and is at moderately low price. Overall, I believe that a record label should be a viable business proposal for this assignment because like many businesses it requires marketing strategies, target consumers and a product. A further consideration is that almost everyone listens to music (to some extent) whether it is purchased from store or downloaded from the web and it is because of this that music is considered as one of the major immersed art form, which hints of a profitable market sector. What are Aims and Objectives? It is imperative for a business to have a basic requirement and have clear aims and objectives in order to prosper and move forward in their field. Aims and objectives are frequently used together to set/represent a certain achievement which is why they can often be mistaken to having similar meaning, however, they have a significant different to each other. Aims, to summarise, are essentially a brief statement, which majority of the time are short sentences; for instance, ‘maximise profit or ‘increase customer growth. Aims are most commonly use to identify the overall target of a business, states their intentions, and what they hope to achieve in the future of the business. On a different note, objectives are more complex and ‘to the point than aims. Objectives, unlike aims, are more detailed and can be longer depending on the objective itself. For example, if a company wanted to increase their market, they could set themselves and objective of ‘increase employee productivity by 20%, within in the next six months. As you can see, an objective is more complex, and more detailed. Furthermore, the detail in objectives tends to be numerical details such as specific dates, time frame, percentages etc. This is because objectives are a follow-up of aims. An objective is set merely set to accomplish or to achieve an aim. To illustrate, if a businesss aim is to ‘maximise profit, then they may decide to set themselves the objective of ‘increase sales from 15.7% to 20%, within six months period. By increasing the sales of the business from 15.7% to 20%, a business can ensure that they are retaining their customers and increasing their profi t within six months. However, some businesses may decide to have a sub-objective to this which could be something like ‘increase employee productivity by 2% in 30 days, to ensure that the business is getting the most out of their employees. This also proves the fact that individuals who either own the business or are in charge of the business are the ones who normally make aims. They may decide that their business should be making more profit so they pass it down to the managers who would look at it and perhaps add more detail to it, and as aims are passed down from person to person they become more detailed and complex, thus being objectives. There are a numerous reason as to why a business should set itself aims and objective;, the most obvious one would be that aims and objectives sets a goal for the business and gives some a target to work for, for many businesses this is a good source of motivation. Aims and objectives can also help a business realise their progress because aims and objective provide a backdrop for achievement in which a business can compare their current or previous progress with their aims or objective and calculate what is required to be done in order to meet those targets they have set for themselves. A controversial use of aims and objectives is to use them as a publicity device, in unit one, I had to investigate Tesco as a business and what I found was that Tesco had use their objectives as a publicity device by having economical objectives such as ‘reduce carbon footprints to gain good publicity from the media and their customers. Nevertheless, businesses have to be careful how they use or establish their aims and objectives because if they set objectives for their employees which are not applicable or achievable for the business then the business could face some pitfalls. The employees may feel under-pressure/ stressful and could de-motivate them which would evidently lead to a low productivity rate and could in some circumstances affect the businesss income. S.M.A.R.T Targets SMART targets or sometimes called SMART Objectives, are considered to be a sub-division of objectives, SMART targets are a method to ensure that the objectives which are set by a company are actually achievable by the business and the employees; it is a method of measuring the credibility of an objective which has been set. SMART is an acronym that stands for: Specific objectives, which are set, need to be specific and state exactly what the business wants to achieve. The reason an objective needs to be specific is because the manager/supervisor and the employee need to know what is expected of them and perhaps the time frame if that is applicable. Measurable most often, when objectives are set they need to be able to measure how much an individuals or a business have progressed towards those targets. Measuring a target is often very crucial towards the success of achieving that target because by measuring a target, businesses can estimate how much work is underway and how much additional effort needs to be exerted in order to achieve certain objectives. Achievable when objectives are set, one of the major issues, which a business must realise is that the target is achievable for the business. The business needs to think about; whether they have the required skills, recourses, investments, tools, human recourses etc. If the objectives are unrealistic or not achievable by the business then (as mentioned above) it can affect the productivity of employee and de-motivate them, and low productivity would surely affect the businesses activities and profits. Realistic or relevant objectives should also be relevant to the businesses aims. For example, if a business wants to increase market share, it would be irrelevant for them to set the target eliminate competitors products from the market; it would be very unrealistic. An objective needs to be relevant, they need to be something, which the business can take an action upon or have access to. Timely normally, when objectives are set, they have a timescale such as ‘increase the growth and the market share of the business by 2010. Setting timescale within an objective is beneficial as it gives a business a deadline as t when the objective needs to be achieved by, so the business can move onto their other objectives, which needs to be completed towards their aims. Aims for my business Just like any other modern businesses, my business needs to have aims and objectives, which it should be able to accomplish. Setting aims and objectives will help determine investors as well as myself the main goals of my business, and along the way, it could also help my business spot the potential target market hic hi should aim my business at in order to achieve some of businesss targets. ‘Minimise costs and increase potential profit. One of the major aims of my business would be to minimise the costs of the business, which goes into the production of the products (i.e. music albums and singles) and therefore must be kept at a minimum range. The reason behind this is that, if I were to start the business as a sole trader, there would be a limited amount of investments, which I could have access to and since my business is a record label there arent any need of purchasing any kind of stock or manufacturing materials in the sense of hard labour. As a newly set up business, it would be most advantageous to reduce the cost of the business to reduce the chances of getting into a cash flow problem such as over-budgeting or not having enough sales of the product where the costs would out-weigh the profit. It is because of this issue that leads to many businesses failing within the first year because they run into cash flow problem such as these; however, a good cash f low analysis should be able to determine any issue such as these that may arise. As well as reducing costs, my business also needs to be considering maximising its profits because without profit there will be no business to operate. Maximising profit is a necessity for any business, because it is what influences/motivates their day-to-day operations and their employees, without profit a business would not have the funding to employ employees or rent premises or other necessities. Furthermore, another crucial reason for a good profit for a business is that if a business is backed-up by inventors then the business (Owner) needs to prove to the investors that the business is worthwhile investing in because if the business starts to show a decline in profits then the investors are going to be the first ones who will back-out from the investments because they will not to make a loss themselves. As a summary, if there is no profit, there is no business. In my businesss quest to maximise profit; there could be a number of challenges/issues that could affect my business achieving the aim of ‘Minimise costs and increase potential profit, and the following explains; One of the most significant issues that my record label business would have to deal with is the recession, which was caused by the financial crisis during the year 2007 and the year 2009. The financial crisis was the reduction in the availability of loans (credit) and to some extent; tightening of the condition required to obtain a loan from the banks, this evolved into the interest rates being incredibly high. The definite caused behind the credit crisis is highly doubtable, however, one reason might be that UK bought many mortgage debts from the U.S. (this might have been directly or indirectly) therefore when U.S. mortgage default rose, preponderance of the UK banks lost money. Because interest rates rose dramatically, many individuals in the population had to pay more for their loans and mortgages, which meant that individuals and many businesses had less disposable cash to spare and consequently, many businesses found themselves being either bankrupt or making employees redundan t to prevent bankruptcy. The reason why I believe that the recession may affect my business is because many individuals are un-employed, which means that they may be on some sort of limited income (either through council or jobseekers allowance). Ultimately, this would mean that many individuals would have less disposable income to spend on CDs and DVDs for personal entertainment and if my business is not selling many products, it will be in a high risk of having very high costs that could out-number the total sales of the business. This could put my business in a potential risk of being bankrupt, as you can see from fig.1, it is estimated that the recession will only get worse. In contrast, the recession may not be disastrously bad for my business. The reason behind this would be that because of the recession more people would be un-employed and have a whole lot of spare time on their hands as less people would be working nine to five shifts, this would mean that individuals would be looking for activities to pass their time. This could mean that people will be more reliant upon entrainment such as the cinemas, movies, theatre, music etc. This could potentially excel my business because more individuals would be interested and looking to escape from reality through the financial crisis, similarly to people who went through the Great Depression in the United States during 1929, which saw the rise of movie sales. To conclude, the recession is something that is known as an external factor, which no business has a control over. The recession could have a big impact on my business; however this factor could prove to be advantageous for my business as mentioned earlier, there are a lot more people with more spare time on their hands, and as a result they will be looking for something to entertain themselves and if marketing is done correctly for the business, it will prove to be beneficial. As one can see above, regardless of the recession and the credit crisis that started in 2007, the sales of digital music increased dramatically through the years and the digital music industry is more profitable than ever in the US with industry profit of 2.9 Billion dollars, a 15% from 2004 which was only 0.4 billion profit being made. One of the major issues that my business will have to confront other than the recent financial crisis is the piracy of music through the internet. In essence, music piracy the violation of copyright infringement (copyright), this means the unauthorised use of materials that is covered by the copyright law. For electronic and audio-visual media, this is normally referred to as piracy. Piracy is a factor that could have the biggest impact at my businesss aim to ‘Minimise costs and increase potential profit. As one can see in the article opposite, the BPI (British Phonographic Industry) has predicted that music piracy has risen by thirty-six percent, which has cost the UK music industry twenty-six million pounds, which is a tremendous amount of load-sum. Music piracy is a factor which could directly affect my business because if my business released a single which was popular (Music hit) then the probability is that a lot of customers will be reluctant to purchase the single or the album in order to save money and they would perhaps download the product through an illegal download website or through the use of torrents (which is a peer-to-peer download service provided free from the internet). This is the most likely event to occur because as mentioned previously, the recession has left a lot of people un-employed which means that they may have a very low inco me and have limited amount of disposable cash to spend on entertainment. Because a lot of my businesss target consumers will be getting my product (music) through the internet without pay for it, this could result in my business have a major decline in profit because although the products my business offer may be very popular amongst the target consumers but because they are not paying for the goods my business will have no way in which they can financially benefit from. Many of the bi names in the record label business like ‘Universal Music or the ‘Sony BMG group do tend to copyright the CDs and DVDs that they manufacture and distribute, however, recent technological development has given an regular computer user to copy content from these copyrighted disks (using free software from the internet) from a single click of a button, and if that individual uploads the content of the disk to the internet then the content of that disk will be exposed to thousands if not millio ns of users on the internet which is why the modern music industry is suffering from million of pounds and dollars of damage from piracy and it is very unfortunate for my business as there is no method to battle the rising issue of music piracy because if my businesss products were copyrighted, many consumers or users will be able to find a way to copy content. In addition, copyrighting thousands of disks would prove to be a very costly task and evidently, this will prevent my business in achieving my aim to ‘Minimise costs and increase potential profit. However, not all is tenebrous, my business could still prevail if it turned to a more digitals means to provide the products to the customers, such means could be; having free web player on the businesss website to play the hit singles; free selected music downloads of popular songs; and most importantly selling products through the internet. Most of these solutions would eliminate the cost of producing CDs because a lot of teenagers nowadays are using things like their mobile phones, mp3 players and devices such as the iPod for playback of their music. If the popular products of my business (songs) are being provided free from the companys own website, then the business will have more exposure from the public, which, in the end, could work out to be beneficial. As the businesss website generates more viewers, the chances are internet companies like Google; YouTube; Amazon etc. who will want to advertise their services on my businesss website, which the business could generate some i ncome from as well as gaining public interest and recognition as business. Music piracy most definitely will affect my business and the corporate aim to ‘Minimise costs and maximise potential profit. Internet nowadays is available to almost every house, office and schools/college in the country that millions of people have access too, and the internet is too big to have control over. Nevertheless, good marketing and internet advertisement may fill in the lacunae of profit that may be lost due to music piracy. ‘Increase/attain good public relations with the local community and customers. In my opinion, good public relations with customers should be an imperative aim for abounding businesses. After all, businesses depend on their customers satisfaction and support by which if they did not have good relationship with customers then it will be highly likely that the business will not be able to retain their customers. This issue could lead to a decline in their profit margins or worse gain an incredible amount of bad publicity or a bad reputation as a whole. A record label is not a publicly noticeable business because a record labels product is what gains notoriety as publicity rather than a business as coherent whole. This is because customers are mainly attracted to the stars and the music they make rather than the service that provides them the service. This can be beneficial or a drawback, consider which way one looks at it. From my personal perspective, it is a benefit because it means that my business will not be in the public eye and will not attract major interest if my business were have an issue, this could be a number of things like mistakes (which a lot of businesses make) or redundancy of a major band or artist etc. So in order to gain good public relations with the local community and customers will be a very laborious task to conduct. Nevertheless, with dubious tasks, there are always strategies, and my main strategy to in achieve this aim to ‘Increase/attain good public relations with the local community and customers, will be to organise youth activities and perhaps cultural events, the next page will explain this. As one can see in 4 (Next page), an extract from BBC news website, the level of youth crime has increased dramatically over the past decade in the United Kingdom. Teenage knife crime has increased so much that law enforcements had to enforce harsh laws upon teenage delinquents in order to keep crime at a minimum. The articles below states that boys from the age of eleven to eighteen are likely the ones to be carrying knifes, and are the most likely culprits in the rise of such crimes. The article also states that most of these young offenders have been; excluded, dropped out of school or have already had been given time to serve under law custody. So ultimately, these are the age groups which are been targeted by the law to tackle such crimes. How does this issue help my business to achieve good customer relationship one may wonder? Well to start with, teens that have been expelled, excluded, dropped out etc. from school have nothing to do other than wonder around with friends on the streets and cause trouble to the society and the individuals in the local community. This leads me to believe that, organising local youth music activities and providing creative services such as recording facilities and musical guidance for youths free of charge may be a very beneficial factor not only for my business but also to the local community. Having to organise such events for young people will be very beneficial to a majority of people youths, local community and my business. This is because firstly, by providing youths will free services and activities will encourage them to stay off the streets and be passionate and involved in something creative for their time, and secondly, by having lees teens on the streets in the local community will prevent crime and hopefully reduce the crime rate locally, so older generation who may be intimidated by teens will feel much more safer. Personally, I believe that teens only resort to crime as a recreational activity as well as to gain attention to themselves; this is only an opinion of course. However, by giving teens, facilities to be in and express themselves artistically through music may help to make a productive use of their time; also, it could be a place where teens can get attention that they desire from other like friends, other social groups or even the community. Knife sentencing not effective A selection of knives found by police The study found young people were living in constant fear of attack Longer jail terms are not an effective way of persuading teenagers to stop carrying knives, research suggests. Pentonville Prison governor Nicola Marfleet interviewed 14 to 17-year-olds who had either been excluded from school or were serving time in custody. She found most believed tough sentences were only meant to scare them, and they were more likely to be tagged. The Home Office said the government was using a combination of deterrence and education to tackle the problem. Rival gangs The study found that some boys were carrying knives from the age of 11. Ms Marfleet concluded that knife-crime prevention work must be targeted at this age group in order to be effective. She interviewed about 24 boys in focus groups at pupil referral units in Hackney and Haringey, north London, and four boys one-to-one at Feltham Young Offender Institution in west London Possession of a knife carries a maximum jail term of four years, but most of the teenagers did not believe they would receive such a harsh punishment. Two of those interviewed said that regardless of the possible penalty, they would not stop carrying a knife because they needed one for protection. Almost all of the teenagers said they could not rely on par Business Plan for Record Label Business Plan for Record Label Business Planning Introduction to unit eight coursework In this unit, I have the opportunity to structure a business plan for a business proposal, which I will have the opportunity to create. For this segment of the assignment, I will clarify the main activities of the business, in addition to its aims and objectives. The assignment will also be focusing on the marketing and financial planning of my chosen business, notwithstanding, the operations and financial planning of the proposed business proposal. At the end of it all, I will be evaluating my business and its viability. However, to start a business I will need a business plan. A business plan is essentially a plan of a business that is to be set up; this is usually a written piece of statement about the business (think of it as a blueprint). This is a useful document to have because; firstly, it outlines the business itself and outlines what the business is essentially about, and secondly, it allows the owner/manager of the business to work towards the success of the business by spotting and avoiding failures. In general, a business plan will have the following statements; what the business is all about (i.e. the nature of the business), the aims and objectives of the business (What they hope to achieve and expect in the future) and how the individual plans and will o about creating the business. This can be illustrated in a majority of ways however; a financial planning of the first six months or perhaps even a year would be ideal or information about how the investments are to be raised for the business. A business plan is a very indispensable piece of document to have if someone is considering starting their own business, this is because a business plan outlines/predicts what the business will be like after setting up that gives a clear understanding of how the aims and objective are to be obtained as well as defining them. Furthermore, a business plan will also help to plot any pitfall along the way, i.e. a detailed cash flow of a businesss first six months will be able to suggest if the business will have a higher cost when compared with the profit they make, even before the business has started, and this can prevent major loss of profitability. Not only does a business plan outlines and spots major flaws in the business, but many businesses and entrepreneurs use it as a source of motivation; a backdrop to compare their current performance against. Further adding more, a business plan would be beneficial to establish or to re-evaluate the businesss competitive position within the market place by conducting a thorough analysis of the competition. This would involve finding out the strengths and weaknesses of the competition and how the business can be taken advantage of. In conclusion, as mentioned above, a business plan is important for a business because it helps to clarify the vision of the business and decide whether to forge ahead with the idea. Without a business plan, it would be very difficult to convince external investors to invest the business. Not only that, a business plan will also help the business determine their target market that they want to aim their product at, which is always useful to know. The Business Proposal For my chosen business proposal, I have decided to create a music label, and have named it P.K. Media. Generally, the term â€Å"Record label† is something that is associated with the music industry. A Record label is a brand and a trademark, which is associated with the procedure of marketing and distributing musical recordings and music videos of their signed artists. A record label is also the company that manages the artists/bands and coordinates, manufactures, promotes and distributes their productions i.e. music/videos. Record labels are also responsible for the enforcement of copyright protection on the media that they distribute such as CDs and DVDs, so that their content (such as music), cannot be copied and sold as pirated versions of their work to the customers by other individuals. The business I intend to propose will primarily focus on the production and the promotion of the music of its artists/bands in the local area, the Midlands. The reason for this is that there is a much lower cost of setting up a music label for the local area as there are less promotional activities which the label would have to finance and carry out, thus reducing the start up cost of the business compared to if it was a nationwide business. The main services/products that P.K. Media will provide to its consumers and music acts are as follow: * Music sold using online services such as iTunes and the business website. Some music will be available for free download as a promotional activity. * Provide live performances by its artists and bands as a secondary service. o Commissions from artist will be charged on this, depending the amount of tickets sold by the act. * Offer promotional services for unsigned artist and band acts and charge commission depending on their popularity, music sold, the amount of record deal they receive etc. o Free promotional services will also be available for unsigned artists on the businesss website for uploading their work to display to the internet audiences. o Manufacturing CDs and DVDs will also be available for artists wishing to use for promotional use, however it is highly likely that there will be a fixed cost for this service. * Record deals will be available for artists; majority of the aforementioned services will available with this, as the business will undertake the sole responsibility for the promotion, distribution, production and the sales of the artist/bands music signed to P.K. Media. * Recording facilities and personnel will be available to customers who wish to record their own music that will be mixed by a professional studio engineer. Customers will be charged on an hourly basis or perhaps special offers upon depending upon how much music they wish to record. Live performance are a good way of raising additional profit other than selling CDs because with live performances, My business can charge commission from the local pubs/bars to supply the live performances with beverages, as a result the pubs and bars will also get some promotion of their products and services which will benefit their businesses as well. Furthermore, the business will also be able to make profit through selling tickets for the live performances. The location of this business will be varied and may not be based in a single location, the reason being that if my business is organising the performances, then it will have to be located at the performances to manage the bands and other aspects of the performance i.e. selling the tickets. However, P.K. Media will need facilities to record the band/artists music and venues for live performances, for this it will be a necessity to have access to a recording studio and to be able to rent a venue in the local area. Having acce ss to a studio can be done in a number of ways such as renting a recording studio in the local area or purchasing the equipment and setting up the recording studio at home or other location, such as a youth centre or other rented location like flats or houses. The cost of the musical equipment such as; mixing boards, computers, mics, instruments, audio processing hardware and sound proofing the location can add up to a significant amount and as a new business the cost of starting up should be kept at a minimum. Ultimately, a more convenient option would be to rent a recording studio, which is pre-provided with all the equipment needed (as described above). Another issue which may arise would be that if my business had to purchase the musical equipment I would have to purchase the low-end equipment as the high-end (studio quality) equipment can cost thousands and upwards and as a small independent music label there would be limitations for the finance. In addition, the low-end equipm ent could also reduce the quality of the recording, and as a record label that will not be beneficial for the artists because consumers would not want to purchase bad quality products especially if the product is aimed at entertainment purposes. Imagine listening to ones favourite song with hissing noisiest, crackle and static noises, it would not be pleasant to listen to which is why quality of the audio is a substantial element of a record label. Reason for choice of business? The idea of a record label interested me because; with a record label, there is no need to purchase stock; it is a service-based business, which means that a record label does not have to manufacture or purchase anything other than to sign the artist and record CDs. A record label is basically, the intermediate service between audiences/customers and the artist. In essence, while the artist makes the product, the record label simply delivers it to the customers, almost like an intermediary. Another thing which seemed interesting is that the possibility of a sole ownership of the business. Since a record label is a service-based business, it is not necessary to have partners (as with any other businesses). It can be set-up with a moderately low cost, which mean that there is no need to invite external investors to invest in the business and hold a percentage of shares in the business, leaving room for more creative control over the business. Personal interest is another factor that may have influenced my choice to pick a record label for a business proposal. Unqualified amateur musician myself, I find that music is the greatest past time for all ages which is why I liked the idea of providing people with good quality of music to listen to which is easily accessible and is at moderately low price. Overall, I believe that a record label should be a viable business proposal for this assignment because like many businesses it requires marketing strategies, target consumers and a product. A further consideration is that almost everyone listens to music (to some extent) whether it is purchased from store or downloaded from the web and it is because of this that music is considered as one of the major immersed art form, which hints of a profitable market sector. What are Aims and Objectives? It is imperative for a business to have a basic requirement and have clear aims and objectives in order to prosper and move forward in their field. Aims and objectives are frequently used together to set/represent a certain achievement which is why they can often be mistaken to having similar meaning, however, they have a significant different to each other. Aims, to summarise, are essentially a brief statement, which majority of the time are short sentences; for instance, ‘maximise profit or ‘increase customer growth. Aims are most commonly use to identify the overall target of a business, states their intentions, and what they hope to achieve in the future of the business. On a different note, objectives are more complex and ‘to the point than aims. Objectives, unlike aims, are more detailed and can be longer depending on the objective itself. For example, if a company wanted to increase their market, they could set themselves and objective of ‘increase employee productivity by 20%, within in the next six months. As you can see, an objective is more complex, and more detailed. Furthermore, the detail in objectives tends to be numerical details such as specific dates, time frame, percentages etc. This is because objectives are a follow-up of aims. An objective is set merely set to accomplish or to achieve an aim. To illustrate, if a businesss aim is to ‘maximise profit, then they may decide to set themselves the objective of ‘increase sales from 15.7% to 20%, within six months period. By increasing the sales of the business from 15.7% to 20%, a business can ensure that they are retaining their customers and increasing their profi t within six months. However, some businesses may decide to have a sub-objective to this which could be something like ‘increase employee productivity by 2% in 30 days, to ensure that the business is getting the most out of their employees. This also proves the fact that individuals who either own the business or are in charge of the business are the ones who normally make aims. They may decide that their business should be making more profit so they pass it down to the managers who would look at it and perhaps add more detail to it, and as aims are passed down from person to person they become more detailed and complex, thus being objectives. There are a numerous reason as to why a business should set itself aims and objective;, the most obvious one would be that aims and objectives sets a goal for the business and gives some a target to work for, for many businesses this is a good source of motivation. Aims and objectives can also help a business realise their progress because aims and objective provide a backdrop for achievement in which a business can compare their current or previous progress with their aims or objective and calculate what is required to be done in order to meet those targets they have set for themselves. A controversial use of aims and objectives is to use them as a publicity device, in unit one, I had to investigate Tesco as a business and what I found was that Tesco had use their objectives as a publicity device by having economical objectives such as ‘reduce carbon footprints to gain good publicity from the media and their customers. Nevertheless, businesses have to be careful how they use or establish their aims and objectives because if they set objectives for their employees which are not applicable or achievable for the business then the business could face some pitfalls. The employees may feel under-pressure/ stressful and could de-motivate them which would evidently lead to a low productivity rate and could in some circumstances affect the businesss income. S.M.A.R.T Targets SMART targets or sometimes called SMART Objectives, are considered to be a sub-division of objectives, SMART targets are a method to ensure that the objectives which are set by a company are actually achievable by the business and the employees; it is a method of measuring the credibility of an objective which has been set. SMART is an acronym that stands for: Specific objectives, which are set, need to be specific and state exactly what the business wants to achieve. The reason an objective needs to be specific is because the manager/supervisor and the employee need to know what is expected of them and perhaps the time frame if that is applicable. Measurable most often, when objectives are set they need to be able to measure how much an individuals or a business have progressed towards those targets. Measuring a target is often very crucial towards the success of achieving that target because by measuring a target, businesses can estimate how much work is underway and how much additional effort needs to be exerted in order to achieve certain objectives. Achievable when objectives are set, one of the major issues, which a business must realise is that the target is achievable for the business. The business needs to think about; whether they have the required skills, recourses, investments, tools, human recourses etc. If the objectives are unrealistic or not achievable by the business then (as mentioned above) it can affect the productivity of employee and de-motivate them, and low productivity would surely affect the businesses activities and profits. Realistic or relevant objectives should also be relevant to the businesses aims. For example, if a business wants to increase market share, it would be irrelevant for them to set the target eliminate competitors products from the market; it would be very unrealistic. An objective needs to be relevant, they need to be something, which the business can take an action upon or have access to. Timely normally, when objectives are set, they have a timescale such as ‘increase the growth and the market share of the business by 2010. Setting timescale within an objective is beneficial as it gives a business a deadline as t when the objective needs to be achieved by, so the business can move onto their other objectives, which needs to be completed towards their aims. Aims for my business Just like any other modern businesses, my business needs to have aims and objectives, which it should be able to accomplish. Setting aims and objectives will help determine investors as well as myself the main goals of my business, and along the way, it could also help my business spot the potential target market hic hi should aim my business at in order to achieve some of businesss targets. ‘Minimise costs and increase potential profit. One of the major aims of my business would be to minimise the costs of the business, which goes into the production of the products (i.e. music albums and singles) and therefore must be kept at a minimum range. The reason behind this is that, if I were to start the business as a sole trader, there would be a limited amount of investments, which I could have access to and since my business is a record label there arent any need of purchasing any kind of stock or manufacturing materials in the sense of hard labour. As a newly set up business, it would be most advantageous to reduce the cost of the business to reduce the chances of getting into a cash flow problem such as over-budgeting or not having enough sales of the product where the costs would out-weigh the profit. It is because of this issue that leads to many businesses failing within the first year because they run into cash flow problem such as these; however, a good cash f low analysis should be able to determine any issue such as these that may arise. As well as reducing costs, my business also needs to be considering maximising its profits because without profit there will be no business to operate. Maximising profit is a necessity for any business, because it is what influences/motivates their day-to-day operations and their employees, without profit a business would not have the funding to employ employees or rent premises or other necessities. Furthermore, another crucial reason for a good profit for a business is that if a business is backed-up by inventors then the business (Owner) needs to prove to the investors that the business is worthwhile investing in because if the business starts to show a decline in profits then the investors are going to be the first ones who will back-out from the investments because they will not to make a loss themselves. As a summary, if there is no profit, there is no business. In my businesss quest to maximise profit; there could be a number of challenges/issues that could affect my business achieving the aim of ‘Minimise costs and increase potential profit, and the following explains; One of the most significant issues that my record label business would have to deal with is the recession, which was caused by the financial crisis during the year 2007 and the year 2009. The financial crisis was the reduction in the availability of loans (credit) and to some extent; tightening of the condition required to obtain a loan from the banks, this evolved into the interest rates being incredibly high. The definite caused behind the credit crisis is highly doubtable, however, one reason might be that UK bought many mortgage debts from the U.S. (this might have been directly or indirectly) therefore when U.S. mortgage default rose, preponderance of the UK banks lost money. Because interest rates rose dramatically, many individuals in the population had to pay more for their loans and mortgages, which meant that individuals and many businesses had less disposable cash to spare and consequently, many businesses found themselves being either bankrupt or making employees redundan t to prevent bankruptcy. The reason why I believe that the recession may affect my business is because many individuals are un-employed, which means that they may be on some sort of limited income (either through council or jobseekers allowance). Ultimately, this would mean that many individuals would have less disposable income to spend on CDs and DVDs for personal entertainment and if my business is not selling many products, it will be in a high risk of having very high costs that could out-number the total sales of the business. This could put my business in a potential risk of being bankrupt, as you can see from fig.1, it is estimated that the recession will only get worse. In contrast, the recession may not be disastrously bad for my business. The reason behind this would be that because of the recession more people would be un-employed and have a whole lot of spare time on their hands as less people would be working nine to five shifts, this would mean that individuals would be looking for activities to pass their time. This could mean that people will be more reliant upon entrainment such as the cinemas, movies, theatre, music etc. This could potentially excel my business because more individuals would be interested and looking to escape from reality through the financial crisis, similarly to people who went through the Great Depression in the United States during 1929, which saw the rise of movie sales. To conclude, the recession is something that is known as an external factor, which no business has a control over. The recession could have a big impact on my business; however this factor could prove to be advantageous for my business as mentioned earlier, there are a lot more people with more spare time on their hands, and as a result they will be looking for something to entertain themselves and if marketing is done correctly for the business, it will prove to be beneficial. As one can see above, regardless of the recession and the credit crisis that started in 2007, the sales of digital music increased dramatically through the years and the digital music industry is more profitable than ever in the US with industry profit of 2.9 Billion dollars, a 15% from 2004 which was only 0.4 billion profit being made. One of the major issues that my business will have to confront other than the recent financial crisis is the piracy of music through the internet. In essence, music piracy the violation of copyright infringement (copyright), this means the unauthorised use of materials that is covered by the copyright law. For electronic and audio-visual media, this is normally referred to as piracy. Piracy is a factor that could have the biggest impact at my businesss aim to ‘Minimise costs and increase potential profit. As one can see in the article opposite, the BPI (British Phonographic Industry) has predicted that music piracy has risen by thirty-six percent, which has cost the UK music industry twenty-six million pounds, which is a tremendous amount of load-sum. Music piracy is a factor which could directly affect my business because if my business released a single which was popular (Music hit) then the probability is that a lot of customers will be reluctant to purchase the single or the album in order to save money and they would perhaps download the product through an illegal download website or through the use of torrents (which is a peer-to-peer download service provided free from the internet). This is the most likely event to occur because as mentioned previously, the recession has left a lot of people un-employed which means that they may have a very low inco me and have limited amount of disposable cash to spend on entertainment. Because a lot of my businesss target consumers will be getting my product (music) through the internet without pay for it, this could result in my business have a major decline in profit because although the products my business offer may be very popular amongst the target consumers but because they are not paying for the goods my business will have no way in which they can financially benefit from. Many of the bi names in the record label business like ‘Universal Music or the ‘Sony BMG group do tend to copyright the CDs and DVDs that they manufacture and distribute, however, recent technological development has given an regular computer user to copy content from these copyrighted disks (using free software from the internet) from a single click of a button, and if that individual uploads the content of the disk to the internet then the content of that disk will be exposed to thousands if not millio ns of users on the internet which is why the modern music industry is suffering from million of pounds and dollars of damage from piracy and it is very unfortunate for my business as there is no method to battle the rising issue of music piracy because if my businesss products were copyrighted, many consumers or users will be able to find a way to copy content. In addition, copyrighting thousands of disks would prove to be a very costly task and evidently, this will prevent my business in achieving my aim to ‘Minimise costs and increase potential profit. However, not all is tenebrous, my business could still prevail if it turned to a more digitals means to provide the products to the customers, such means could be; having free web player on the businesss website to play the hit singles; free selected music downloads of popular songs; and most importantly selling products through the internet. Most of these solutions would eliminate the cost of producing CDs because a lot of teenagers nowadays are using things like their mobile phones, mp3 players and devices such as the iPod for playback of their music. If the popular products of my business (songs) are being provided free from the companys own website, then the business will have more exposure from the public, which, in the end, could work out to be beneficial. As the businesss website generates more viewers, the chances are internet companies like Google; YouTube; Amazon etc. who will want to advertise their services on my businesss website, which the business could generate some i ncome from as well as gaining public interest and recognition as business. Music piracy most definitely will affect my business and the corporate aim to ‘Minimise costs and maximise potential profit. Internet nowadays is available to almost every house, office and schools/college in the country that millions of people have access too, and the internet is too big to have control over. Nevertheless, good marketing and internet advertisement may fill in the lacunae of profit that may be lost due to music piracy. ‘Increase/attain good public relations with the local community and customers. In my opinion, good public relations with customers should be an imperative aim for abounding businesses. After all, businesses depend on their customers satisfaction and support by which if they did not have good relationship with customers then it will be highly likely that the business will not be able to retain their customers. This issue could lead to a decline in their profit margins or worse gain an incredible amount of bad publicity or a bad reputation as a whole. A record label is not a publicly noticeable business because a record labels product is what gains notoriety as publicity rather than a business as coherent whole. This is because customers are mainly attracted to the stars and the music they make rather than the service that provides them the service. This can be beneficial or a drawback, consider which way one looks at it. From my personal perspective, it is a benefit because it means that my business will not be in the public eye and will not attract major interest if my business were have an issue, this could be a number of things like mistakes (which a lot of businesses make) or redundancy of a major band or artist etc. So in order to gain good public relations with the local community and customers will be a very laborious task to conduct. Nevertheless, with dubious tasks, there are always strategies, and my main strategy to in achieve this aim to ‘Increase/attain good public relations with the local community and customers, will be to organise youth activities and perhaps cultural events, the next page will explain this. As one can see in 4 (Next page), an extract from BBC news website, the level of youth crime has increased dramatically over the past decade in the United Kingdom. Teenage knife crime has increased so much that law enforcements had to enforce harsh laws upon teenage delinquents in order to keep crime at a minimum. The articles below states that boys from the age of eleven to eighteen are likely the ones to be carrying knifes, and are the most likely culprits in the rise of such crimes. The article also states that most of these young offenders have been; excluded, dropped out of school or have already had been given time to serve under law custody. So ultimately, these are the age groups which are been targeted by the law to tackle such crimes. How does this issue help my business to achieve good customer relationship one may wonder? Well to start with, teens that have been expelled, excluded, dropped out etc. from school have nothing to do other than wonder around with friends on the streets and cause trouble to the society and the individuals in the local community. This leads me to believe that, organising local youth music activities and providing creative services such as recording facilities and musical guidance for youths free of charge may be a very beneficial factor not only for my business but also to the local community. Having to organise such events for young people will be very beneficial to a majority of people youths, local community and my business. This is because firstly, by providing youths will free services and activities will encourage them to stay off the streets and be passionate and involved in something creative for their time, and secondly, by having lees teens on the streets in the local community will prevent crime and hopefully reduce the crime rate locally, so older generation who may be intimidated by teens will feel much more safer. Personally, I believe that teens only resort to crime as a recreational activity as well as to gain attention to themselves; this is only an opinion of course. However, by giving teens, facilities to be in and express themselves artistically through music may help to make a productive use of their time; also, it could be a place where teens can get attention that they desire from other like friends, other social groups or even the community. Knife sentencing not effective A selection of knives found by police The study found young people were living in constant fear of attack Longer jail terms are not an effective way of persuading teenagers to stop carrying knives, research suggests. Pentonville Prison governor Nicola Marfleet interviewed 14 to 17-year-olds who had either been excluded from school or were serving time in custody. She found most believed tough sentences were only meant to scare them, and they were more likely to be tagged. The Home Office said the government was using a combination of deterrence and education to tackle the problem. Rival gangs The study found that some boys were carrying knives from the age of 11. Ms Marfleet concluded that knife-crime prevention work must be targeted at this age group in order to be effective. She interviewed about 24 boys in focus groups at pupil referral units in Hackney and Haringey, north London, and four boys one-to-one at Feltham Young Offender Institution in west London Possession of a knife carries a maximum jail term of four years, but most of the teenagers did not believe they would receive such a harsh punishment. Two of those interviewed said that regardless of the possible penalty, they would not stop carrying a knife because they needed one for protection. Almost all of the teenagers said they could not rely on par