Saturday, October 12, 2019
Blogs are Here to Stay Essay -- Blog Blogs Blogging Weblog Web Log
Blogs: Fad or Here To Stay? The question is, are blogs here to stay or are they just a fad? To answer this question, one must understand what a blog is exactly. There are many definitions for a blog. One source defines blog simply as ââ¬Å"an online Journal (Glossary of Terms).â⬠That is one of the less complex definitions. Another source wrote ââ¬Å"Contraction from the term Web Log. This is an online diary or journal which is published and shared with others on the web by an individual, who is known as a ââ¬Ëbloggerââ¬â¢. Blogging has now become a very popular publishing method on the web as the software does not require any technical knowledge to use and this has the potential to move into the corporate world soon (Alba).â⬠Basically anyone who wants to can create a blog. Bloggers can write about almost anything in their blog, but they usually are about personal life. They also write about world issues, their feelings on a topic, and now even various corporations use t hem to advertise their companies. Although a lot of people use blogs, some these days, are anti-bloggers. These people refuse to set up a blog for their own personal life because they feel it is corny. They find it too computer nerdy and think it is another thing for dorks to get addicted to. They are very wrong because many people of all ages and types create blogs online. I myself donââ¬â¢t have my own blog set up, but am not out to make fun of those who do. Besides the simple blog that most users set up to share their personal thoughts and experiences, companies now put them on their websites to create more revenue. There are actually seminars out there that help business owners create a blog and reasons why they should have one. ... ...tay and that is a fact. Those who hate blogs will have to get used to it. Works Cited Alba, Rosetta. Webmentor Glossary. April 25, 2005. Blogging is Here to Stay, According to WordBiz.com Survey. March 28, 2004. April 25, 2005. Coggins, Sheila. Who Reads Blogs? April 25, 2005. Glossary of Terms. April 24, 2005. Moffatt, Brian. Why Do We Blog? November 30, 2004. April 24, 2005. ROI Of Business Blogging. WordBiz Report. April 24, 2005.
Friday, October 11, 2019
Consumer Behavior on Furniture
As the economic conditions Is tough and challenging In recent years. Cost of living Is increasing, especially for those new home starters, Like new couples, families with new-born member, or moving out of parents home. For the general new home starter, money terms and financial issue is a big concern on their everyday life. The need and purchase of furniture would be an inevitable process as they need to start building up and furnishing their new home. They would opt for products that offer the benefits of good living standard, but without sacrifice too much of their earning or income.In the situation and target group we focus on in this analysis, KEA and Preterit would be more likely be the choice to be made In the final decision. Purchasing off-the-shelf product, rather then tailor-made, good customer value and affordable price are a few major criteria In such case. However consumers would have different consideration for their decision depending on their Individual factors. From h aving the wants and demand to the step of making purchase decision and consumption. There are deferent factors that would influence and affect the consumer decision.There are two sources that influence buying behavior. The first one is formal sources which are kind of well-planned and paid sources. The second source is informal, which is kind of a not pre planned and non-paid sources like family, informal sources, social class and culture etc. Marketing Efforts Product KEA offer product with Scandinavian design and attractive appearance, KEA provide materials to suit the many different needs and precise preference. The large catalogue of choice in products maximize the chance of finding products to your needs.Preterit offer very generic type of product that perform the basic practical and functions. Preterit have few numbers of choices in each category, if you have some very specific preference, it might be hard to match your exact want and desire. Promotion Both KEA and Preterit ha ve utilized web page, social media and also sales promotion to attract customers. KEA have a strong buzz each year, promote using television advertisement, often using humor that create buzz and recall rate. Preterit focusing on adverting in newspapers, and leaflet with coupons.Also PIP memberships as a loyalty programmer that encourage repeat purchase. Price Both KEA and Preterit has set affordable price for their product that attract many customer and purchase. Also note that since the products KEA offer are unique and with brand, customer are more Justified if they are paying a bit more. However Products that Preterit offer are more generic and very uniform, customer might switch to other brand with similar product offered by a lower price supplier, so that Preterit have to compete with price or otherwise provide products with better perceived value and customer benefits.Place Preterit which has almost 30 retails covered in Hong Kong, when compared to KEA which has only 3 stores in Hong Kong but a larger comprehensive stores. The slightly remote distance and limited distribution channel might be a bit pull back if you are a busy person or if you only want to make small quantity purchases. But if the customer would like to buy a range of product or simply enjoy the shopping experience of ââ¬ËKEA. This desire will become a driving force strong enough to stimulate the action of visit and purchase. Family Family is a basic concept in society.The main structure of family is married couple, nuclear family and extended family. Besides, single-parent family and unmarried family are included as well. Consumer can be easily influenced by parents, siblings, and relatives based on their past experience. Nuclear family and extended family may prefer to buy from Preterit. The perception from Preterit is classic design, fair quality, and ready-made model. KEA provide Scandinavian design with good quality and flexible combination as well as wide range of color for selec tion which reinforce the motivation of married couple to buy from them.Informal sources Informal sources are basically unpaid and unplanned. The opinion leader could be our friends, neighbors, colleagues, teachers, and idols. Nowadays, it is quite common to ask opinion leader about the brand and product before consumer make the decision of purchase. Preterit and ââ¬ËKEA, he will ask opinion leaders and the comments from opinion leaders will influence consumer's behavior. Other non-commercial sources Other non-commercial sources including different types of social media and editorial content are unpaid.Consumer can compare Preterit and KEA products by browsing following sources Editorial content from newspapers, magazines Blob, Forum Photo sharing websites Brand community Discount and promotion websites TV Programs Social class Social class has its own characteristic of values, attitudes and behavior that distinguish the member of various social classes, see below diagram In terms of income, lower middle class consumers only can afford lower price products from Preterit because of limited budget.Middle class consumers have sufficient money to spend on KEA products which can reinforce their self-image and taste. Culture and Subculture Culture is shared, learned, symbolic system of values, beliefs and attitudes that form and influences perception and behavior. It is learned through transmitted from enervation to generation, which included Formal learning from parents and siblings Informal learning, such as teachers and idols Technical learning, such as school and professional institute Product preference and brand loyalty always influence from one generation to another.For example, parents will bring along their kids to KEA for shopping because they enjoy shopping in KEA with different products for selection and even kids can select kids' furniture for themselves. The positive brand image begins in early childhood and extends throughout a person's entire life. On the other hand, subculture is a group of people share similar beliefs, values, and common experiences. Subculture group can be differentiated by age, ethnic, religious Consumer Decision Making In decision making process, more than one alternative must be available, even decide not to buy.We focus on new couples how they make buying decision on -bed. Input As we discussed previous in external influence, furniture company's marketing strategy (APS) influence new couple's perception, attitudes and teach them to learn or change their attitudes towards their products. These marketing strategies can hang society's existing code of behavior, culture or subculture is likely to affect how and what consumers purchase in long term if successful. Need Recognition When new couple move out from their parents, even rent or buy a new house, they perceive a need to buy new furniture.Two different problem recognition styles ââ¬â actual state types & desired state types are described on our ca se. Actual state types, they recognize double size bed is needed. Desired state types, they already have double size bed but desire new design attractive bed, e. G. Princess bed. Purchases Search New couple usually search their memory first, browsing internet, go to shopping and they may engage in extensive search of outside if no experience. Evaluation of Alternatives Evoke set come to their mind such as ââ¬ËKEA, Preterit and so on.These evoke set might be influenced by their parents that used before and acceptable. They have already established the basic criteria for evaluation, but not completely established preferred among the choice of brands, than they search for additional brand information. Three specific level of consumer decision making ââ¬â limited problem solving are examined. When new couple evaluating those brands, they based on their perceived quality of Perceived risk associated with the brand, e. G.Consumer may not handle self- assembly furniture by themselve s after evaluation, and also information costs saved with that brand, e. G. KEA only 3 stores, time consuming to visit and too far away from their home. While the couples collecting information about evoked set brands, two decision rules in their mind ââ¬â compensatory and uncompensated decision rules. Compensatory decision rules, they evaluate those brand's similar attributes and weighted it, than make a ranking. For example, the size of bed of KEA and Preterit are also fit for their home, they Just weight the price between brands.Uncompensated decision rules when couples evaluate such size of bed exceed, they will forgive that brand. They may make decision to postpone or withdrawal from purchasing after shopping if they cannot find a suitable bed. Psychological Field Motivation As we know that consumer needs is the essence of marketing concept. However each consumer have their vary needs and wants depending on the culture environment and affection. Therefore individual are tri ggered by motivation that drive their individual action.Apart from the primary perspective of having the physical product and its function of furniture that serve the generic goals, in addition, there are also acquired needs. Some might want to have a bit more comfort, safety, reliability for the protection of young kids at home. Some might have the affection and would love to have a warm and pleasant interior and environment so that they can provide a coos atmosphere for their friend and relative when visit, to fulfill the social needs The motives and needs can have positive and negative directions that impel positive rives and negative drives.In most situation for the consumer, it is largely driven by positive motives, for examples, KEA has always inject and project the warm and happy home environment and scene in their promotional materials such as catalogue and advertisement which create a positive desire for consumer to dream of and the need and want of having the pleasant home using the KEA furniture product. Associate the warm and pleasant image with the brand ââ¬ËKEA. Motivation can have the bi-direction of positive and negative, it can also be distinguish into rational motives and emotional motives.There are certain types of consumers who would be apparently acting with viewing the amount of benefit they can get from the product related to the cost spent. On the other hand, there are certain type of consumer who would act with emotional motives and subjective ideas. The motives can be aroused by the mood of the showroom or the fashion and trend on design style, color and material used. Perception Perception is more about the subjective of how people think about it rather than the actual objective fact of what it is.The dynamic of perception consists of the aspect of ââ¬Å"Selectionâ⬠ââ¬Å"Organizationâ⬠and Interpretationâ⬠altogether composes a meaningful coherent picture from individual. Perception can be developed and influence d by advertising and promotion as well as other marketing mix that intended for the positioning. For instance, each year KEA has a new shooting of ââ¬Å"low-priceâ⬠featured ad shown on television. Using the televisions advertisement media has the advantage of reaching the mass, but catching the audience attention in the clutter is a challenge.Kea has use many witty ideas and humor to catch attention and convey the message of ââ¬Å"low- priceâ⬠, the use of dramatic visual and theme, exaggerated facial expression, music, mound and motion with the contrast color, figure and ground, bold size fonts, helps to catch attention in order to promote the message. The same applied on the Kea catalogue and in-store poster, using sharp, bright color and big bold fonts on the minimal background, simply spell out the message in a clear way and to catch attention in a glance.Also, the imagery used in the catalogue are in pleasant color and soft tone, some images will also include models / actors of kids playing happily or family and friends lying back comfortable on couch, creating a warm and sweet feeling and lead to the nonuser to grouping and associate Kea brand and product with sweet and comfortable home in a positive way. TV ad that last for only seconds is very limited, message have to be brief and sharp, it is smart to leave a open-ended closure that the catalogue is out now, to let the consumer to response and find out more from the catalogue by mail, in-store or online.Personality Personality defined as the inner psychological characteristic determine and reflect Consumer who choose KEA need to adopt this new idea and practice that they need to get very involved when purchase KEA product. Consumer who has high consumer innovativeness and low in dogmatism are more likely to accept ââ¬ËKEA. Many of the KEA products allow consumer customized and DID to suit their personal need, letting consumer to have some involvement. So to some extended consumer who ch oose KEA has the need for uniqueness, and willing to have some involvement with the high optimum stimulate level.KEA furniture emphasized on design and attracted too many customers who with style conscious, featured many pictorial, nicely photographed visual images on catalogue and other promotional materials. These will be appealing to visualizes type f consumer which should be appropriate for the intended target customer as they position their product / furniture tends to be more like a stylish product than a technical product. Attitude A learned predisposition always influences their attitudes toward or avoids the object.Transcription attitude model consists of cognitive, affective and connotative components, consumers perceive and learn about company's products such as a stylish and self-assembly of Kike's products, price competitive and assembled products of Preterit's products, consumers evaluate those particular products & services attributes, form a preference and intent to buy. KEA has provided customized, DID, Nordic stylish & self-assembly products, and Preterit provided a localized design, assembled products. Those specific brand's product features is influence consumer attitude, both perform attitude-toward-object model.For examples, KEA illustrate FAX wardrobe's features, consumers can customize their individual need with huge range accessories to create their dreams wardrobes. Muff can be based on space, budget, amount of clothing and home-style to create an ideal wardrobeâ⬠consumers evaluate the wardrobes functions, what and how it can provide and belief the wardrobes can satisfy their need. Attitudes are also influence by company's marketing strategy, a societal marketing strategy of KEA ââ¬Ëpeople & plant' which influence consumer's attitudes towards their brand, attitude-toward-the-ad model is examined.TV ads, Backbone, APS provide an important source to influence consumer's personal experiences, family and friends. These marketing strategies can change consumer's attitudes due a brands is in conflict with consumer attitude. For aforesaid example, an environmentally-oriented ââ¬ËPeople & Planet Positive' strategy, their attitude may change toward to ââ¬ËKEA, Resolving woo conflicting attitudes is examined. Advertisements with product specification, real life scenario presented in catalogues which changing the basic motivational function in KEA catalogs.Learning Advertising promotional videos, price & store displays are cues of ââ¬ËKEA, Preterit to stimuli consumer's motives directly, consumers responded to surfing their websites they looking for or go to the shops to look around displayed furniture & price. If consumer is rewarded, they learned to associate the purchase with a pleasant feeling and are likely to repeat the learned behavior and become a loyal customer. For instant, KEA store displayed in real life scenario which may serve as a cue for consumers, and constitute their response that they c onsider ready to buy.Reinforcement increases the likelihood that specific response will occur in the future as the result of particular cues. ââ¬ËKEA, Preterit are well-know and favorable brand, according to classical conditioning theory, ââ¬ËKEA, Preterit are an unconditioned stimulus, the unconditional response is consumer perception, KEA implies that the products are stylish, Preterit implies that the products are practice and popular, conditioned response would be consumer ring their furniture because of the belief that they embody which their name is associated.Instrumental conditioning is examine while consumer learn, for example, stores carry the wardrobes they prefer at prices they can afford to pay by shopping a number of stores (KEA, Preterit, DISC, etc. ), one they find KEA wardrobe meets their needs, they are likely to make decision to buy. While consumer is satisfied, they are more likely to repeat buying furniture at ââ¬ËKEA, KEA store loyalty is reinforced. T o reinforce the behavior, KEA perform a positive reinforcement by repeating ââ¬Ëdesign better home & low price' messages.By assuring customer satisfaction with their products, the service & buying experience. For examples, KEA business provides home design service a close personalized relationship with customers is also another form of nonproductive reinforcement. A systematic reinforcement encourage customer to repeat purchase, consumer receive their cash coupons after they brought a certain amount. Output When couple find a brand product such as KEA wardrobe fit their need, they decide to purchase. After they used, they evaluate the wardrobe's performance, a postprocessor evaluation is perform. A positive discrimination is when the
Thursday, October 10, 2019
Teacher and Confucius
Confucius What kind of person was Confucius in everyday life? Focus on the following: his clothing and diet, his possessions, his pastimes, the company he kept, and anything else that is relevant. In everyday life Confucius was a relaxed and cheerful man who was constantly in search of new knowledge. He studied the Chinese Classics mainly focusing on the Books of Odes, History and Rites. In his spare time, however, he liked to relax in his manor. He was very picky with the people he chose to keep around. They had to love strategy and the possible success you could get from it.He taught culture, conduct, conscientiousness and good faith and was also picky about who he let in to his school. They had to be modest and willing to listen because he didnââ¬â¢t repeat lessons. He loved music. He would sing in the company of those who were singing. When passing through Chââ¬â¢I he heard their music and said, ââ¬Å"I did not imagine that music had reached such perfection. â⬠(Confu cius 35). This having been said he also traveled with his students and neglected his family duty. Once when his son saw him in passing and Confucius asked him if he had ââ¬Å"Studied the Odes? (Confucius 102) His son said no so Confucius told him that he would have nothing to use in conversation. So his son left determined to study the book of Odes. On a different day his son saw him again and a similar thing happened only this time Confucius asked about the Rules of Ceremony. The result was exactly the same as the first time. This goes to prove that those who can teach donââ¬â¢t always put their own teachings in to practice. Why is Volume One, Book Two entitled ââ¬Å"Concerning Governmentâ⬠but barely mentions government?Hint: the contents of Book Seven may assist you in answering this question. You canââ¬â¢t teach someone how to run a government but you can teach them how to be a better person in hope that they will be able to better govern the country. One must corre ct themselves before they try to correct others. This is exactly why Volume One, Book Two says little about government and a lot on how to be a better person. Confucius said ââ¬Å"If a man put himself aright, what difficulty will he have in the public service; but if he cannot put himself aright, how is he going to put others right? (Confucius 75) This saying is basically saying one must correct themself first and others later, but if one canââ¬â¢t correct themself then they have no right to attempt at correcting others. In some senses Confucius was a very straight forward man and in others he was just plain confusing. This was one of the areas that he was straight forward with his teaching. It was very important to him that one knew how to act. Despite his reputation as a charismatic teacher, Confucius makes no claim to originalityââ¬âin fact, it is hard to discern exactly what his teachings are.Why is this the case? He himself did not claim to be a teacher at all. It was h is disciples who made him so. He had people who followed him and listened to what he said and this was enough to make him a teacher, whether what he was saying was original or not made no difference. What mattered was that he had a group of students who were willing to listen to what he said and put it into practice. His teachings, however, were hard to understand. This was because he didnââ¬â¢t want just anyone to be able to follow and understand what he was saying.They had to be smart and make an effort to understand. This was also because sometimes he just spoke in riddles and didnââ¬â¢t give a simple answer. When he did this it would seem that what he was saying was completely unrelated to the question asked, but in some roundabout way it was actually the answer to the question all along. His students just had to think it over a lot before they understood. Confucius himself had no desire to be a teacher but because so many people liked his teachings, it just sort of happen ed that way.What contrasts does Confucius present with the religious figures of ancient Egypt, India, Mesopotamia, China, etc.? Does he strike you as a particularly ââ¬Å"religiousâ⬠figure? Why or why not? In contrast to the religions of the ancient world Confucianism is more about teaching someone how to live justly. Confucius teaches his students to respect their family and honor their ancestors not about the gods and the afterlife; this is probably the biggest difference. He teaches about what it means to live in this life and how one should go about doing so.In the religions of ancient Egypt, India and Mesopotamia there has always been a priest like figure who would perform religious and sacrificial ceremonies. This figure also had the task of letting everyone know about their religion and how to follow it properly. Sometimes these religious leaders were the head of their country/city/empire and if they werenââ¬â¢t, the leaders had almost always practiced the same or a very similar religion. Confucius was neither the king nor a particularly important person in society (or at least thatââ¬â¢s what I gathered from the Confucius Analects).He was just an ordinary man who just so happened to know what he was talking about and how to teach others how to properly live their lives. One could do this by honoring their ancestors and by living a virtuous life. In these other religions, however, there has always been some form of afterlife, be it cheerful or gloomy, and most of these ancient civilizations buried their dead (especially those who were important) with luxury items for them to take to the afterlife. Confucius never taught about the afterlife though.Once a student of his asked about death and Confucius replied, ââ¬Å"Not yet understanding life, how can you understand death? ââ¬â¢ (Confucius 61). Confucius does not seem like a religious figure at all. In fact, there is some debate about whether or not Confucianism can actually be considered a religion. What Confucius taught was how to live a moral life as a human being. He taught that one should study the Chinese Classics and follow a few basic rules of life. This is why he does not seem like a religious figure or to have been a religious man.
Wednesday, October 9, 2019
English Is Fun
As cities become bigger and cars less expensive, the numbers of automobiles on the road are likely to increase, worsening the problem of traffic congestion. As more people move to the edge of town and cities, traffic congestion may get worse. Many people will drive their cars into the city centre to get work. To address this, governments need to ensure that there are fewer cars on the roads, but individuals must do their part in support of official measures. There are three ways to reduce traffic congestion which is by improving the road infrastructure, car pooling and awareness campaign.The first way that is suitable to take an action is by improving the road infrastructure. In this case, the government should take part which is they have to built an alternative ways or road. This is because there are many people that used the same road in every day especially in a big city. By adding the alternative road, the user can choose either one of road that they want to use. It can make the road become less crowded and the traffic congestion can be reduced. Besides that, wider the size of line at the road. For example, from two line become three line.When the roads are become bigger, all the vehicle can move smoothly. Improving the road infrastructure can help to reduce the traffic congestionââ¬â¢s problem in a big cities. Secondly, the ways to reduce traffic congestion is carpooling or sharing car with friend. Nobody likes to sit in traffic. By car pooling, youââ¬â¢re doing your part to reduce the number of cars on the road. The more people who make that choice, the less traffic congestion there will be. People in big cities like Kuala Lumpur is more prefer using their own car.Imagine that if there are have 50 000 people, it is mean there are have 50 000 car or transport on the road. It will affect the bad problem on the road like traffic congestion. If we sharing car with friends or carpooling, it will decrease an amount of car or transport on the road and can reduce this problem. Make sure during we are sharing car, we must to maximum people at least 4 until 5 person in car or more than one based on type of car. Other than that, with using this alternative, the time will not wasting and also decrease the air pollution because there are a few car and transport were used and produce less of smoke.Take for example, we are going to work by sharing car with our neighbours and friends, so that the traffic congestion problem can we avoid because only a few of them are use car. Thus, carpooling or sharing car with friend is the way to reduce traffic congestion. One of the way to solve the traffic congestion is to organize the awareness campaign. A traffic jam may cause people waste a lot of time if the condition is worst and eventually ended up with late to work or to school. So, is very important for society to put in mind that to plan their time when they got out effectively to avoid by getting stuck in the middle in the road.A worker should choose to go to earlier or walk to the workplace if possible. In conclusion, improving the road infrastructure, car pooling and awareness campaign are the three ways to reduce the traffic congestionââ¬â¢s problem in the big cities. Only by the combination of government policy and the acceptance by individuals of the responsibility for the problems related to the increasing number of cars in cities, can help to reduce this problem from keep happen. It is when individuals make a commitment to change that policy measures can be effectively implemented. English Is Fun As cities become bigger and cars less expensive, the numbers of automobiles on the road are likely to increase, worsening the problem of traffic congestion. As more people move to the edge of town and cities, traffic congestion may get worse. Many people will drive their cars into the city centre to get work. To address this, governments need to ensure that there are fewer cars on the roads, but individuals must do their part in support of official measures. There are three ways to reduce traffic congestion which is by improving the road infrastructure, car pooling and awareness campaign.The first way that is suitable to take an action is by improving the road infrastructure. In this case, the government should take part which is they have to built an alternative ways or road. This is because there are many people that used the same road in every day especially in a big city. By adding the alternative road, the user can choose either one of road that they want to use. It can make the road become less crowded and the traffic congestion can be reduced. Besides that, wider the size of line at the road. For example, from two line become three line.When the roads are become bigger, all the vehicle can move smoothly. Improving the road infrastructure can help to reduce the traffic congestionââ¬â¢s problem in a big cities. Secondly, the ways to reduce traffic congestion is carpooling or sharing car with friend. Nobody likes to sit in traffic. By car pooling, youââ¬â¢re doing your part to reduce the number of cars on the road. The more people who make that choice, the less traffic congestion there will be. People in big cities like Kuala Lumpur is more prefer using their own car.Imagine that if there are have 50 000 people, it is mean there are have 50 000 car or transport on the road. It will affect the bad problem on the road like traffic congestion. If we sharing car with friends or carpooling, it will decrease an amount of car or transport on the road and can reduce this problem. Make sure during we are sharing car, we must to maximum people at least 4 until 5 person in car or more than one based on type of car. Other than that, with using this alternative, the time will not wasting and also decrease the air pollution because there are a few car and transport were used and produce less of smoke.Take for example, we are going to work by sharing car with our neighbours and friends, so that the traffic congestion problem can we avoid because only a few of them are use car. Thus, carpooling or sharing car with friend is the way to reduce traffic congestion. One of the way to solve the traffic congestion is to organize the awareness campaign. A traffic jam may cause people waste a lot of time if the condition is worst and eventually ended up with late to work or to school. So, is very important for society to put in mind that to plan their time when they got out effectively to avoid by getting stuck in the middle in the road.A worker should choose to go to earlier or walk to the workplace if possible. In conclusion, improving the road infrastructure, car pooling and awareness campaign are the three ways to reduce the traffic congestionââ¬â¢s problem in the big cities. Only by the combination of government policy and the acceptance by individuals of the responsibility for the problems related to the increasing number of cars in cities, can help to reduce this problem from keep happen. It is when individuals make a commitment to change that policy measures can be effectively implemented.
Week Six Question Essay Example | Topics and Well Written Essays - 500 words
Week Six Question - Essay Example (Watkins, 2004) One of the key reasons as to why founding fathers of America refused to consider paper money as a legal tender was the unrestrained use and possession of this money thus causing damage to the society. Since paper money was not backed by the real physical assets therefore its issuance and circulation was considered as morally damaging for the society as a whole. Apart from this, the issuance of paper money by some States has created widespread inflationary pressures on the economy. The case of Rhodes Island is considered as an ideal case wherein Rhodes Island not only issued the currency but also passed legislation that if anyone refuses to accept this as a legal tender, he or she may be fined for $100. The uncontrolled use of paper money also became detrimental for the trade in Rhodes Island. This experiment created a widespread dissent among those responsible for development of a unanimously agreed constitution of the country. (Newcomer, 1986) It is important to note that the US Constitution only prohibits States from issuing paper money but it is relatively silent on the powers of the federal government to issue fiat money. It is however, critical to note that US has started to issue paper money much before even the constitution was adapted in the country. The necessary and proper clause in the constitution also gave powers to the federal government to actually pass any law which may be considered as necessary. (Feeley & Rubin, 2008). The constitutional convention also gave silent powers to the federal government to actually issue paper money but it suggested restraining from inserting an explicit clause in the constitution to allow the issuance of paper money in the country. The current system of issuing currency notes in the country therefore also points out to this constitutional issue as US Mint is responsible for issuance of coins in limited numbers where Fed has been
Monday, October 7, 2019
Hill vs. Bell - Tort Case Essay Example | Topics and Well Written Essays - 1000 words
Hill vs. Bell - Tort Case - Essay Example Potentially, this case has to be resolved through various legal concepts (especially the doctrines of nuisance and trespass), using various statutes, and case laws. Body Legal Concepts The relevant legal concepts that would be applicable in this case are the doctrine of nuisance and doctrine of negligence that are a part of the English tort laws. Tort is civil wrongs that have to be differentiated from criminal wrongs. A tort remedy would not include damage to the public in general but require action from one citizen who has faced damages due to the act of the owner of the property. Arising from tort several other civil wrongs arises including battery, trespass, and conversion (The Locke Institute, 2011). According to the Concept of negligence, one person owes a duty of care towards another person and any breach of this duty of care is a liability under tort, and damages have to be paid by the person whose act is negligent. Due to the breach of duty to one person, the other person ha s to suffer damages, and this act by the other person would likely to be the cause of the duty of care. However, in this case, since Hill has not suffered significant damages due to the fruits falling into his property, he cannot use the doctrine of negligence. ... Some of the common disturbances that may be present include noise pollution, barking dogs, dumping of wastes, constant domestic quarrels, etc. In this case, Bellââ¬â¢s fruits are a constant source of nuisance as they are falling into the property of Hill and are a potential source of damage. The branch has infringed upon Hillââ¬â¢s property and hence Hill can use the Doctrine of Nuisance to claim damages for the falling fruits (North Carolina Bar Association, 2004). Using the doctrine of nuisance Hill can claim damages in the form of payment of damages or seeking an injunction (Crown Prosecution Service, 2011). In case of damages, Bell has to make do of the loss by payment of any amount that has been lost by Hill from the falling fruits. In case there is a high chance that the infringement act of Bell (for example in this case not cutting the branches) continues, then the court can issue an injunction and provide relief to Hill in the form of ensuring that the tree branches has to be trimmed till the property wall of Hill (British Law, 2011). Another doctrine that could be used by Hill is the doctrine of trespass is the damages suffered by one or oneââ¬â¢s property due to the acts of the defendant that are an infringement to the plaintiff or his property. Under British law, the same has been classified as a trespass to oneââ¬â¢s land and could be committed intentionally or accidentally (Crown Prosecution Service, 2011). Relevant statutes As per the statutes of UK, The land owner would be the owner of that particular tree, even if the tree has been grown by somebody else, or the branches or the roots of the tree protrude into the neighbouring property. Here, if the branches or the
Sunday, October 6, 2019
Ethical duties as an Entrepreneur (Is your good harm to others) Essay
Ethical duties as an Entrepreneur (Is your good harm to others) - Essay Example Entrepreneurship is not an exception. This paper will analyze the ethical duties of entrepreneur, arguing that oneââ¬â¢s good does not necessarily harm others. To begin with, one might suggest that one of the most important duties of an entrepreneur which involved Ethics focuses on the necessity to think about the affect that oneââ¬â¢s activity has on the stakeholders. Indeed, it would not be an exaggeration to suggest that one can hardly find an activity where the number of stakeholders is reduced to a minimum and entrepreneurship is surely not one of them (McFarlane, 2013, 51). In other words, it is an imperative for a person who runs a business to think about the impact that it can have on all the parties which are involved directly and indirectly. A helpful way to do so would be to create a map of all the people affected and determine the relationship between them and the business activities (Weiss, 2014, 13). One should point out that considering the impact on the stakeholders might be regarded as a characteristic feature of the modern kind of business. Indeed, in the previous times economic world in general as well as entrepreneur s in particular was primarily concerned with the profitability of the enterprise, the security of the source of income and possible ways to maximize the return of investment. However, contrary to that, at the modern times people acknowledge that they might have a negative impact on the stakeholders and are encouraged to refrain for it. In other words, a good entrepreneur will be able to set up oneââ¬â¢s business in such a way that would not harm anyone. The next important duty which should be analyzed in great detail is connected with the necessity to implement ethical decision making process. One of the most significant aspects that are crucial for understanding of this duty is the difference between morals and ethics. Thus, the former is largely considered to be a set of personal
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