Thursday, August 27, 2020

How to Structure an Essay

Step by step instructions to Structure an Essay On the off chance that youve been entrusted withâ writing an essayâ for a class task, the venture may appear to be overwhelming. Nonetheless, your task doesnt must be a hair-pulling, fatigued dusk 'til dawn affair. Consider composing an article as though you wereâ making a cheeseburger. Envision the pieces of a burger: Theres a bun (bread) on top and a bun on the base. In the center, youll discover the meat.â Your presentation resembles the top bun declaring the subject, your supporting sections are the hamburger in the center, and your decision is the base bun, supporting everything. The sauces would be the specificâ examplesâ andâ illustrationsâ that can help toâ clarifyâ key focuses and keep your composing intriguing. (Who, all things considered, would eat a burger made distinctly out of bread and meat?) Each part should be available: A soaked or missing bun would make your fingers slip promptly into the hamburger without having the option to hold and appreciate the burger. Be that as it may, if your burger had no hamburger in the center, youd be left with two dry bits of bread. The Introduction Yourâ introductory paragraphsâ introduce the peruser to your theme. For instance, you may decide to compose an exposition named, Technology Is Changing Our Lives. Start your presentation with aâ hookâ that catches the perusers consideration: Technology is assuming control over our lives and changing the world. After you present your point and attract the peruser, the most significant piece of your early on paragraph(s) would be youâ the principle thought, orâ thesis. The Little Seagull Handbook considers this an explanation that presents your primary concern, distinguishing your subject. Your proposition articulation could peruse: Information innovation has upset the manner in which we work. Be that as it may, your theme can be increasingly differed and may cover apparently unremarkable subjects, for example, this initial passage from Mary Zeiglers How to Catch River Crabs. Zeigler gets the perusers attentionâ from the main sentence: As a deep rooted crabber (that is, one who gets crabs, not an interminable whiner), I can disclose to you that any individual who has persistence and an incredible love for the stream is able to join the positions of crabbers.​ The last sentences of your presentation, at that point, would be a small framework of what your article will cover. Dont utilize a framework structure, yet clarify quickly all the key focuses you expect to talk about in story structure. Supporting Paragraphs Expanding the burger exposition topic, theâ supporting paragraphsâ would be hamburger. These would incorporate all around explored and intelligent focuses that help your postulation. Theâ topic sentenceâ of each section may fill in as the reference purposes of your smaller than normal diagram. The topicâ sentence, which is oftenâ at the start of aâ paragraph, states or recommends the principle thought (orâ topic) of a section. Bellevue College in Washington state tells the best way to writeâ four diverse supporting sections on four unique subjects: a depiction of a wonderful day; investment funds and credit and bank disappointments; the scholars father; and, the essayists joke-playing cousin. Bellevue clarifies that your supporting sections ought to give rich, clear symbolism, or consistent and explicit supporting subtleties, contingent upon your theme. An ideal supporting section for the innovation point, talked about already, could draw on recent developments. In its Jan. 20-21, 2018, end of the week release, The Wall Street Journal ran an article named, Digital Revolution Upends Ad Industry: A Divide Between Old Guard and New Tech Hires. The article portrayed in burning point of interest, how one of the universes greatest promotion offices lost a significant Mcdonalds publicizing record to a relative upstartâ because the inexpensive food chain felt the more seasoned office was not capable enough at utilizing information to rapidly create online advertisements and target minute cuts of its client base. The more youthful, cooler, organization, on the other hand, had worked with Facebook Inc. what's more, Alphabet Incs Google to gather a group of information specialists. You could utilize this report to represent how innovation and a requirement for laborers who get it and can utilize it-is assuming control over the world and is changing whole enterprises. The Conclusion Similarly as a cheeseburger needs a tough base bun to contain all the fixings inside, your article needs a solid end to help and support your focuses. You can likewise consider it theâ closing argumentâ a investigator may make in a criminal legal dispute. The end contentions segment of a preliminary happens when the arraignment endeavors to reinforce the proof she introduced to the jury. Even however the examiner likely gave strong and convincing contentions and proof during the preliminary, it isnt until the end contentions that she integrates everything. Similarly, youll repeat your primary concerns in the end backward request of how you recorded them in your presentation. A few sources call this a topsy turvy triangle: The introduction was a triangle that was straight up, where you began with a short, extremely sharp point-your snare which at that point fanned out marginally to your subject sentence and widened further with your smaller than expected layout. The end, on the other hand, is a topsy turvy triangle that begins by comprehensively investigating the proof the focuses you made in your supporting sections and afterward limits to your subject sentence and a repetition of your snare. Along these lines, youve intelligently clarified your focuses, rehashed your primary thought, and left perusers with a humdinger that ideally persuades them regarding your perspective. Source Bullock, Richard. The Little Seagull Handbook with Exercises. Michal Brody, Francine Weinberg, Third release, W. W. Norton Company, December 22, 2016.

Saturday, August 22, 2020

Fast food restaurant Essay

Investigation on Fast Food Culture and Its Double-symptoms to the world from the Development of American Fast Food ?. Presentation Fast food is turning out to be increasingly more famous around the globe these years. It is evaluated that there are in excess of 100 parts of McDonald’s and KFC just in Beijing. The appearances of the inexpensive food excite another thing named â€Å"fast-food culture†, and furthermore the discussion about this culture by individuals. ?. Brief history of American cheap food 1. McDonald’s two siblings named Richard and Maurice McDonald left their home in New Hampshire and looking for occupations in southern California. From the start they took a stab at opening a theater however it was anything but a triumph. At that point they got on to the new rage of eating at drive-in cafés and they opened one of every 1939, in Pasadena, California, calling it â€Å"McDonald’s Famous Hamburgers†. (http://howdy. baidu. com/) 2. The Emergences and Expansion of KFC, shorted from Kentucky Fried Chicken, is a chain of drive-through eateries situated in Louisville, Kentucky. KFC principally sells chicken in type of pieces, wraps, servings of mixed greens , sandwiches, etc. The prevalence and curiosity of KFC made it well known and famous all through the world. The inexpensive food like KFC is likewise evolved in the entire world. (http://www. kfc. com. cn) ?. The Development of Fast Food Industry Most individuals imagine that it is the McDonald siblings who start the cheap food rage in America, however in actuality, it is the White Castle cheeseburger chain that really begun inexpensive food history in America. J. Walter Anderson opened the main White Castle in 1916 in Wichita, Kansas, Richard and Maurice McDonald, the two siblings who made the first McDonald’s eatery in 1948 in San Bernardino, California. By 1953, the siblings had chosen to establishment their thought, and two franchisees opened in Downey, California and Phoenix, Arizona. Today, inexpensive food chains have spread all around the globe, and have spread American culture directly alongside them. There are a lot increasingly mainstream chains, as Carl’s Jr. , Arby’s, Domino’s and Dairy Queen, showing that cheap food isn’t consistently about cheeseburgers. ?. Globalization In 2006, the worldwide cheap food advertise developed by 4. 8% (Linda Stradley, 2008) Globalization is that the world is moving ceaselessly from independent national economies towards a related, incorporated worldwide monetary framework. It alludes to the move toward a progressively incorporated and reliant world economy. Inexpensive food is turning out to be increasingly more well known far and wide these years. It is assessed that there are in excess of 100 parts of McDonald’s and KFC just in Beijing. In any case, the inexpensive food sell in China which rough material is consistently fabricates in different nations. So if something changed in China, it is certain influences different nations. Cheap food is as of now spread into the world, it is certain expansion the information between nations. End Throughout the world, American inexpensive food chains have become images of Western financial turn of events, opening wherever from Bulgaria to Western Samoa.and pulled in countless purchasers and the monetary advantages. Cheap food industry is chosen by the advancement of social advancement and financial turn of events, it improves people’s expectations for everyday comforts and lifestyle. The cheap food industry is a significant industry of living condition and speculation condition, and furthermore a significant segment of the customer relaxation, the travel industry, utilization, shopping and spending. The opposition in the cheap food showcase is seriously, yet ought to be centered around one perspective: that is, to eat inexpensive food with nourishment, wellbeing. Fatty inexpensive food as a high-fat food isn't reasonable for eating. Cheap food has twofold sided consequences for the improvement of economy and people’s life. In spite of the fact that inexpensive food despite everything have such a significant number of deficiencies of either, This sort of food culture is genuine created to be a piece of people’s life, regardless of the analysis of cheap food is valid or not, cheap food is still to be a pattern later on. Works Cited Linda Stradley. 2008. What’s Cooking America New York: New York University Press http://hello there. baidu. com/http://www. kfc. com. cn.

Friday, August 21, 2020

Your Guide to Creating a Character Sketch (With a Free Template!)

Your Guide to Creating a Character Sketch (With a Free Template!) The ability to create memorable characters is what separates mediocre writers from master storytellers. The books we read that we cant forget often include characters that appeal to us for their humanity (or lack thereof), and they come to life on the pages in ways that only a great writer can make happen.So how do writers make such memorable, real-life characters? One way is to create intensive character sketches for each character of a story and writers vary in their approach to doing this. In this article, Ill discuss how to create a character sketch and provide a template for you to use (unless youd rather create your own).PhysicalWhen determining the physical aspects of your character, its important to keep in mind that you shouldnt stop with hair color, eye color and skin color. Sure…these are important aspects to help the reader visualize the character, but a characters overall physical appearance includes so much more. The more you consider in the character sketch, the easi er it will be for your character to come to life on the page. With that in mind, consider these physical characteristics, as well.Face/hairWhat is the characters face shape (round, oval, heart-shaped, square)?Does the character have freckles, sun spots, a birthmark, or scar on his or her face?What is the color, texture, and length of the characters hair?Does the character dye his or her hair?Does the character have facial hair and if so, how long is it and what is its texture?SkinWhat color is the characters skin and does it have freckles, wrinkles, sun spots, or scars?Does the character have tattoos? If so, what kind of art is it and where is it located?BodyWhat body type does the character have (lean, athletic, curvy, overweight)?Does he or she slouch?How tall is your character?Where does your character carry most of his or her weight?Is there a strange gait to his or her walk?ClothingWhat type of clothing does the character like to wear for lounging/relaxing?What type of clothing does the character like to wear for formal occasions?What type of clothing does the character like to wear outdoors?What type of shoes does the character tend to wear? Are they scuffed?Does the character take pride in their appearance?Are the characters clothes neatly pressed or wrinkled?Are there any particular pieces of clothing or jewelry your character owns that has special meaning for him or her? If so, what pieces and why are they special?PsychologicalIf youve ever sat down to people watchâ€"and lets face it, all writers should make this practice a part of their daily routineâ€"then youve probably already noticed psychological aspects on a subconscious level. For example, when you see the girl walking beside a man busy looking at his phone, her face downcast and a frown turning her lips, your mind picks up on subconscious characterization and revelation. You can piece a story together of their relationship quite easily with this one glance, and although it may be wrong, youve used psychological techniques to create depth when encountering strangers. The same thing happens when you consider the psychological and subconscious actions of your character for a character sketch.What is the characters overall outlook on life (optimistic, pessimistic, depressed)?Does the character have anxiety, claustrophobia, insomnia, PTSD or depression?Is your character introverted or extroverted?Does your character have a good relationship with his or her mother?Does your character have a good relationship with his or her father?Does your character have a good relationship with his or her siblings?Does your character have a significant other? If not, why?Is your character an addict? If so, what is he or she addicted to?What is the life mistake your character most regrets?Does your character drink alcohol? If so, how much?Does your character have healthy relationships with friends?HistoricalThink about how much your history has shaped you into the person you are today. In fa ct, it could be argued that every facet of who we are as humans stems from our history. In the same way, your characters history should shape him or her as a living, breathing entity that comes alive on the page. The more that history fits or makes sense to the reader, the more believable your story and characters are. For example, if your character suffered a childhood trauma and you want that character to be believable and real, the reality is that he or she will demonstrate aspects of PTSD and/or have a negative relationship with the responsible parent. Thinking these details through helps you to connect all the dots of the characterâ€"physical, psychological, and historicalâ€"to create a compelling persona that feels real and alive to your reader.What was your characters mother like?What was your characters father like?Does he or she have any siblings?Where was your character born?What were the circumstances of your characters birth?What were the circumstances of your characters early childhood?What were the circumstances of your characters preteen and adolescent years?How did your character do in school? What were his or her favorite subjects and why?When did your character first fall in love and with whom?Has your character ever been in legal trouble?Does your character have a history of addiction?Try our free templateIf youd like to have your own template for this character sketch, weve got you covered. View it or download it and let us know what you think.

Monday, May 25, 2020

Regulating Inventory - Free Essay Example

Sample details Pages: 7 Words: 2058 Downloads: 4 Date added: 2017/09/22 Category Advertising Essay Type Argumentative essay Did you like this example? Regulating Inventory – An Examination of AASB 102 â€Å"Inventories† Inventories are in essence what organisations hold with an intention to sell, however directly or indirectly. For most businesses, this is how their profits are made, and it is reasonable to assume that these items account for much of an organisation’s activities. Such a big influence on indicators of financial performance and position warrants an equally large need for regulation to ensure that users of the financial statements are given a clear picture of the state the organisation is in. The Australian Accounting Standards Board (AASB) is responsible for developing the standards that govern the way reporting entities disclose their accounting figures. Despite much international debate, the regulation of inventories has changed over the years, and problems that appear in even the current regulations make it likely that more changes are to come. The standards governing inventories ar e contained in AASB 102 â€Å"Inventories. Paragraph 6 of this standard defines inventories as assets held for sale in the ordinary course of business, in the process of production for such sales, or held in the form of materials or supplies to be consumed in the production process or rendering of services (2009). In order to give more conservative figures for the value of inventories held, they are to be valued at the â€Å"lower of cost and net realisable value† under paragraph 9, net realisable value being defined in paragraph 7 as the net amount expected to be realised from the sale of the inventory in the ordinary course of business. The â€Å"cost† of inventories is defined as â€Å"all costs of purchase and conversion, and other costs incurred in bringing the inventories to their present location and condition,† in paragraph 10. Paragraphs 11-15 define the three elements of this cost. The â€Å"cost of purchase† includes in addition to the purc hase price, any costs incurred in the acquisition of the finished goods less any discounts or rebates. Conversion costs† includes costs incurred in the production of the finished goods, such as direct labour. In compliance with paragraph 6 of AASB 102, paragraph 12 states that fixed production and manufacturing overheads, such as factory depreciation or rent, must also be allocated to the cost of inventories as they are incurred as conversion costs to the same extent as direct labour and other variable costs (Deegan, 2010, pp. 227). This is done using the â€Å"absorption costing† method, the method required by AASB 102, although â€Å"standard costs,† that is predetermined product costs based on prior planning, can be used where they can be attained realistically and reviewed regularly. In order to provide consistent cost figures, paragraph 13 prescribes that costs be allocated based on â€Å"normal capacity,† the production expected to be achieved based on the average production of past periods, and taking into account diminished production levels resulting from planned maintenance. However actual production levels may be used if they approximate normal capacity. Additionally AASB 102 allows different methods of measuring cost for service providers, agricultural produce harvested from biological assets, and retailers. Paragraph 19 requires that service providers include labour, other costs of personnel directly engaged in providing the service, and attributable overheads. In administering the measurement of agricultural inventories, paragraph 20 makes reference to another standard AASB 141, which requires that the cost harvested inventories be measured at their fair value less the costs to sell at the point of harvest. The retail method is set out in paragraph 22, and requires the cost of inventory to be determined by reducing the sales value of the inventory by an average gross margin (i. e mark-up) percentage for each relev ant department, taking into account any mark-ups or mark-downs applied. |Cost ($) |Cost relating to | | | |inventory | |Rent – administration building |20 000 | | |Rent – factory building |25 000 |25 000 | |Office stationery |500 |- | |Salaries – administrative staff |30 000 |- | |Salaries – factory staff |20 000 |20 000 | |Raw materials |5 000 |5 000 | |Freight n of raw material |1 000 |1 000 | |Freight out to customers |1 000 |- | |Depreciation – plant |1 500 |1 500 | |Depreciation – office furniture |1 000 |- | |Late payment expense on raw materials |500 |- | |Total |105 500 |52 500 | |Table 1. 0 – Example of costs | An example of a set of costs can be found in Table 1. 0. In this example, AASB 102 requires that the purchase and freight of raw materials be included as costs of purchase as they are directly attributable to the acquisition of finished goods. The rent and depreciation of the factory and salaries of factory staff are t o be included in the cost of inventories as costs of conversion as they are incurred in the process of converting the materials into finished goods. Under paragraph 16, the salaries of administrative staff, rent of the administration building, and depreciation of office furniture are not included as they are not incurred in bringing the inventories to their present location. Freight out to customers does not take place in the process of acquiring finished goods or converting materials and so is not included, and although the late payment expense seems to be incurred in the process of acquisition or conversion, it is more a consequence of the mismanagement of accounts payable (Deegan, 2010 pp. 227), and therefore not included in the cost of inventories. After the application of paragraph 10 of AASB 102, the total cost of inventories is $52 500. If for example the normal capacity for production were 10 000 units, the cost per unit of inventory would be $52 500 ? 10 000, or $5. 2 5. The net realisable value of the inventory will be equal to the selling price, for example $15 per unit, less the estimated cost of completion and cost necessary to make the sale (say, $5. 30 per unit), which is $9. 70 per unit. In accordance with paragraph 9, the lower of the two values is the one that should be used for reporting, which is the cost of $5. 25 per unit. To negate the impracticality of valuing each individual item of inventory, AASB 102 allows assumptions to be made regarding the cost-flow of inventories and valuation of ending inventory. Aside from the â€Å"specific identification† method, where cost is assigned to each individual item, paragraph 25 sets out that the cost of inventories may also be assigned by the â€Å"weighted average† and â€Å"first-in-first-out (FIFO)† methods. The International Accounting Standard IAS 2 allowed another method known as â€Å"last-in-first-out (LIFO),† but the standard was amended in 2004 to pro hibit it due to it being used to obtain lower tax obligations. Paragraph 25 states that an entity should use the same cost method for all inventories similar in nature and purpose. The weighted-average approach adds the period’s cost of goods to the opening inventory cost and divides the result by the total number of inventories acquired. Ending inventory is valued using this average price. The FIFO method assumes that the first goods purchased are the first goods to be sold. Under this method, the ending balance is valued based on the costs of more recent purchases. The LIFO method is the opposite of FIFO, where the ending balance is valued based on the costs of earlier purchases (Deegan, 2010 pp. 234). As far as reporting is concerned, if the physical inventories follow the same assumptions the selected cost-flow method uses, no material problems arise. However, problems become more apparent when the cost-flow method is only reflected by accounting figures and not by act ual inventory flow. Where prices normally increase over time due to inflation, the LIFO method assumes that more recent purchases, which are more expensive, are sold first. This results in a higher cost of goods sold which equates to a lower profit, and an understatement of ending inventory if the newest physical goods were not the first goods actually sold. This lower profit is one of the reasons LIFO was a popular tool for reducing income tax. LIFO can also distort major ratios such as the current, debt-to-equity, and turnover ratios. Another limitation of LIFO is that the valuation process cannot be run smoothly throughout the year; In essence, it is a year-end calculation more information relies on forecasts of future prices instead of the inventory lready on hand (Gibson, 2002), which results in an increased need for adjustments, a higher possibility of errors occurring, and higher costs to oversee the system. Such problems have seen LIFO eventually being prohibited by the International Accounting Standards Board in 2004. |[pic] | |Graph 1. 0 – Profit differences of LIFO FIFO | The FIFO method reflects the actual inventory-cost-flow of most entities (especially those trading perishable items) and is favoured by the IASB and AASB over the prohibited LIFO. However, even the FIFO method is also far from flawless. With prices usually rising, the assumption that the first goods purchased are the first to be sold results in the reported figure for profit being inflated (as shown in Graph 1. 0), due to the cost of goods sold remaining at a historical level, although the cost to replace that good has risen (Miller, 2004). Although paragraph 32 and 33 of AASB 102 allows adjustments to be made to the values of inventory, these only include write-downs of net realisable value, and the reversal of such write-downs. The Framework of the AASB for the Preparation and Presentation of Financial Statements sets out the objective of financial statements as be ing to provide understandable, relevant, reliable, and comparable information that is useful to a wide range of users in the course of making economic decisions (AASB, 2004). AASB 102 tries to establish understandability by requiring financial statements to disclose the accounting policies adopted in measuring the inventories including the cost formulas and methods used, as well as the total carrying amount of inventories and the carrying amount in classifications appropriate to the entity, the carrying amount of inventories carried at fair value less costs to sell, the amount of inventories recognised as an expense during the period, and the circumstances, results and reversals of any write-downs carried out under paragraphs 32 and 33 (2009). The characteristics â€Å"comparability† and â€Å"reliability† are perhaps the most troublesome in terms of standardisation and regulation. As different organisations may have different needs in terms of inventory management, it may be possible that methods other than the specific-identification, weighted-average, and FIFO methods may provide a more comparable view of their performances and positions, however it is clear that regulators face a situation where the risks of easy embezzlement must be weighed against the goal of easy and absolute comparability. The components of comparability and reliability are dealt with in paragraphs 9 to 22, where the methods of inventory measurement are set out, and paragraphs 23 to 33, which set out the methods of inventory valuation. In order to help prevent profit manipulation, the standard precludes LIFO from its list of inventory valuation methods. The issue of reliability is also raised in paragraph 13, which requires that total inventory costs be allocated on the basis of â€Å"normal capacity,† which is a average figure of expected production. In a case of low or idle production, unit costs would appear to be higher due to the inclusion of fixed produ ction cost. This is dealt with by allowing the figure for normal capacity to take into account any decreased production due to planned maintenance. In a perfect standardised environment, only one set of methods would be sufficient but for now, the AASB has settled for allowing three methods of inventory valuation, and five techniques for measuring inventories. These provisions encompass a wide array of business types which allows a comfortable degree of comparability in financial data. However, the freedom given in the valuation and measurement of inventory in order to encourage better comparability comes at the price of the possible problems arising from inconsistencies between accounting practices and physical inventory movement. These inaccuracies can lead to profit and asset balances grossly over or under-stated, giving users a tainted picture of an organisation’s condition. While covering a lot of ground, it is quite clear that the current standards governing inven tory reporting have room for improvement. References Australian Accounting Standards Board (2009, November 2). AASB 102 Inventories. Retrieved April 30, 2010, from https://www. aasb. com. au/admin/file/content105/c9/AASB102_07-04_COMPjun09_01-09. pdf Australian Accounting Standards Board (2004, July). Framework for the Preparation and Presentation of Financial Statements. Retrieved April 30, 2010, from https://www. aasb. com. u/admin/file/content105/c9/AASB102_07-04_COMPjun09_01-09. pdf Deegan, C. (2010). Australian Financial Accounting (6th ed. ). North Ryde, NSW: McGraw Hill Gibson, S. C. (2002, October). LIFO vs FIFO: a return to the basics. Retrieved May 3, 2010, from https://findarticles. com/p/articles/mi_m0ITW/is_2_85/ai_n14897182/ Miller, P. B. W. (2004, June 1). Its time to get rid of LIFO conformity: IASBs move to ban LIFO deserves a thoughtful response. Retrieved April 29, 2010, from https://www. allbusiness. com/government/business-regulations/171735-1. html 1 2 3 4 5 6 7 8 Sub-period No. Sales Price LIFO Profit FIFO Profit Cost Don’t waste time! Our writers will create an original "Regulating Inventory" essay for you Create order

Thursday, May 14, 2020

Canker Tree Disease Prevention and Control

The term   canker is used to describe a killed area or blister on the bark, a branch or the trunk of an infected tree. The Morton Arboretum describes it as a canker  that is usually oval to elongate, but can vary in size and shape. Cankers will often appear as a swelling surrounding a sunken lesion  on the bark of trunks and branches. The canker-causing pathogens like fungi and bacteria commonly invade wounded or injured bark tissues to form a canker. They subsequently produce reproductive structures called fruiting bodies and can spread. Dozens of species of fungi cause canker disease. Causes Cankers are caused by a number of factors including biotic fungi and bacteria or by abiotic and nonliving conditions to include excessive low or high temperature,  hail and other natural and mechanical tree damage. A combination of these attacks is potentially the most successful process in causing a tree to develop a canker. The fungi that cause cankers are always around and naturally inhabit the bark surface of a tree. They look for the opportunity to gain entrance through natural or man-made wounds  and usually have the best chance to cause canker disease when the tree is under stress. Stressors that cause cankers include: exposure to extremely high or low temperaturesflooding and droughtsummer or winter sunscald, hail, high windsnutritional imbalances and soil compactionmechanical injuries (lawn mower, vehicles) and animal damagepruning woundsroot rot and insect borersimproper planting Prevention Preventing cankers means growing vigorous trees that can fight off the entrance of pathogens into the bark by using a good tree management program. You must be faithful to your tree by using correct pruning methods, taking care  not to over-fertilize and prevent defoliation of your tree by disease and insects. Wounds are essential for most canker infections to take hold and spread, so avoid wounds, especially where active spore-spreading cankers are present. Make sure that your tree has adequate water and avoid mechanical injury to roots and trunk. When planting a new tree: Plant your tree on a good site, use vigorous planting stock, fertilize trees to promote growth and control weeds for several years after planting. Landscape trees will benefit by deep watering or trickle irrigation, especially during dry summer months. Also maintain good drainage. Control Canker diseases can be controlled if diagnosed early and action is taken. To control canker disease on trees, cut off the affected branch or limb using proper  pruning methods. If a large canker is on the main trunk, the tree may ultimately need to be replaced. Still remember that when  a trunk canker develops, the tree may begin to compartmentalize off the area by sealing wood cells off around the canker. You may be able to extend the life of the tree by just leaving it alone. Do not cut into trunk cankers as it may renew fungal activity and increase damage.There are no effective chemicals are available to control the fungi that cause canker disease.

Wednesday, May 6, 2020

Starbucks And Its Effects On The Environment - 1225 Words

As humans, it is only natural to be consumed with activities that are enjoyable. These may be a result from routine, need, or other reasons. Though it may vary from person to person, there is an inevitable fact that individuals consume a plethora of different goods everyday. A product that has found a way into my life is a cup of Starbucks coffee. No matter where you go, a drink purchased from Starbucks can be easily seen. Starbucks is a coffee company that sells a variety of drinks. It has become one of the most well known brands that exist today. It has become apart of the lifestyles for many customers. Although it has become very successful, a cup of Starbucks can have many unknown negative impacts on the environment. Started from humble beginnings, Starbucks now has more than 20,000 locations worldwide. The very first store opened in Seattle, Washington in 1971 by three partners. From that day forward, Starbucks has begun to expand rapidly. Now, it is a company that has evolved into being an international influence. They serve hot and cold beverages, ranging from coffee to teas to pastries. Many people are aware of this brand and are bound to purchase these products. It is easily intertwined into lives because of the popular advertisements. Some individuals find it difficult to proceed with their day without grabbing a drink from Starbucks. It becomes an indispensable part of their daily routine. An uprising issue about Starbucks is being a companyShow MoreRelatedOrganizational Domain of Starbucks829 Words   |  4 PagesStarbucks operates more than 15,800 stores internationally and employs roughly 140,000 employees. It increase expansion makes it complex to handle the operations. The ef fect of the forces on the complexity of the Starbucks’s environment is the Starbucks imports its coffee beans from around the world, therefore emphasizes the importance of political stability of other countries to Starbucks. 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Tuesday, May 5, 2020

The Porter Five Forces Model Competitive Analysis Tool - Free Sample

Question: ExplainThe porters Five Forces Model. Answer: Introduction Michael Porter developed Porters five forces model. It is a business tool or a framework that helps in examining the strength of the five forces that govern competition within industry. The five forces help in analyzing the level of competition within the companies in an industry. The main aim of developing Porters five forces is to help the firms achieve competitive advantage. The companies know the competitive position that they hold in the market. The five forces of Porters analysis are the bargaining power of supplier, bargaining power of buyers, threat of substitutes, threat of new entrants and industry rivalry (E. Dobbs, 2014). Wells Fargo bank is an American international company that provides international banking and financial services to its customers. It is the worlds largest bank in terms of market capitalization and third largest bank in United States in terms of assets. The main competitors of the company are JP Morgan and chase, Prudential financial and ING group. Por ters five forces are also known as Industry and competitive analysis (Wellsfargo.com, 2016) Porters five forces model for Wells Fargo bank Wells Fargo is a diversified financial services bank that is engaged in providing many financial services to its customers. The power of supplier in this case is very strong as the industry is diversified. The power of the buyers is also strong due to strong purchasing power (Mburu, 2015). Porters five forces model for the banking industry is presented as follows: Threat of New entrants: The threat of new entrants is high for Wells Fargo bank with two hundred and fifteen new banks opening each year. The advantage is that many banks close due to bank failure and the average number of banks decrease. The other reason for decrease in numbers of banks is merger. The biggest barrier for the entry of banking industry is trust. Many companies from outside the industry try to enter and capture wealth. Since Wells Fargo is a diversified company, the threat of new entrants is high. For example, an insurance company can enter the market and start providing loans at cheaper interest rate (Rothaermel, 2015). This will increase the competition for the company. However, the capital requirements and strict regulations by the government hinder the new company from entering the industry. Brand recognition is also an essential factor that helps in determining the threat for new companies to enter the market. Product differentiation is another factor that plays an important role. Wells Fargo Company has an advantage over these factors because the company distinguishes itself from other companies by providing high quality customer service. An established brand makes it difficult for new companies to develop due to failure of brand recognition. Creating a large-scale customer base and infrastructure is essential for generating profit and achieve competitive advantage (Alt Puschmann, 2012). Threat of substitute products: Substitutes and complements play a crucial role in the banking industry. The banking and financial services have a wide range of substitutes and complements. Many products can maximize wealth that acts as substitutes. For example, complement of standard checking account is ATM cards. The main strategies of the banks are to label the price of complements low in order to attract as many customers it can. The price of switching products or banks increases so customers do not shift its bank easily as it will increase their cost. If a firm has strong grip over its customers then the threat of substitutes become low as is the case with Wells Fargo bank. The main aim is to strengthen the power of complements and reduce the power of substitutes (Rothaermel, 2015). Increase in interests rates leads the customers to switch to substitute products with traditional banking assets such as savings and traditional accounts. It is the responsibility of the bank to form a group of customers in such a way so that they avoid switching to substitute product. Viability of a substitute product weakens the power of the firm as customers can easily switch to other firm (Montes-Stewart, 2013). Bargaining power of suppliers: Suppliers have a great power in case of financial industry. Since Well Fargo is diversified company that is engaged in providing distinguishing financial services. The company is involved in providing various financial services, conventional banking and small and medium loans operations. The supplier power in case of banking sector is low in case of customer retention and high in case of determining the rates of interests and other prices. In case of a pure banking sector where the company is not involved in supplying diversified financial services the bargaining power of suppliers is almost negligent due to the lack of supply chain process. The infrastructural products such as machines used in the operations gives some powers to suppliers. Price discrimination does exist as the banks may charge higher interests rates from the people who can afford it (Montes-Stewart, 2013). The four major suppliers in case of banking sectors are capitals such as customer deposits, mortgages and loa ns, mortgage securities and loans from other financial institutions. The power of suppliers depends on the market where the power is said to fluctuate between medium to high. Bargaining power of buyer: Buyers also play an important role due to strong purchasing power. The real competition starts after determining the amount of the power of buyers. However, the customers cannot influence the prices directly but they can affect it indirectly. The buyers have little ability to influence the price on the retail side of the banking sector. Transaction process is different for customers and clients. The commercial side of the banking sector has greater influence as the power of the buyer. It is essential for the banks to fulfill the needs of the customers according to their demand in order to achieve competitive advantage (Christensen et al., 2013). Satisfying the needs of the customers should be the top most priority of banks in order to improve its customer loyalty. The major factor that influences the buyer behavior is high switching cost. Another factor that has strengthened the power of buyer is internet. Banking has become easy due to internet as it also reduces the cost for consum ers. Industry rivalry: The banking industry is highly competitive in nature. The bank uses various techniques to compete with its competitors such as price competition, quality and differentiation methods. The main aim of Well Fargo Company is to provide best quality banking and financial services to its customers (Mburu, 2015). The bank provides various price competitions to customers who utilize maximum services. Cross selling is the strategy that the bank plans to use in future strategy to strengthen its plan and achieve competitive advantage. Interests rates play a major role in determining the competitive advantage for the firm. The main factor over which the banks compete is services that it provides to its customers. In order to avoid competition many banks end up merging so that the money can be expanded for marketing and advertisement (Hyun Kang, 2015). Conclusion Banking sector is a highly competitive sector where the companies have high threats of new entrants, threat from substitutes and complements, threat from industry rivalry and bargaining power of buyers and sellers. There are various factors and methods that the banks can use o achieve competitive advantage. The technique used by Wells Fargo bank is product differentiation and quality service that it provides to its customers. The main factor that differentiates one bank from the other is the services that they provide. References Alt, R., Puschmann, T. (2012). The rise of customer-oriented banking-electronic markets are paving the way for change in the financial industry.Electronic Markets, 22(4), 203-215.Christensen, C., Anthony, S., Roth, E. A. (2013). Seeing what's next: Using the theories of innovation to predict industry change. Harvard Business Press.E. Dobbs, M. (2014). Guidelines for applying Porter's five forces framework: a set of industry analysis templates. Competitiveness Review, 24(1), 32-45.Hyun, A., Kang, H. (2015). Similarities And Differences Of Industry Leaders' Competitive Advantages. Leadership Organizational Management Journal, 2015(2).Keys to competitive analysis. (2016). Wellsfargoworks.com. Retrieved 25 July 2016, from https://wellsfargoworks.com/run/competitive-analysisMburu, P. G. (2015). Competitive strategies adopted by Wells Fargo (K) Limited to enhance competitive advantage (Doctoral dissertation, University of Nairobi).Montes-Stewart, I. (2013). Strategizing for Corporate S ocial Responsibility: Wells Fargo Case. OSR, 6.Porter's 5 Forces and the Banking Industry - The Banking Industry And The Internet. (2016). Sites.google.com. Retrieved 25 July 2016, from https://sites.google.com/site/bankingindustryandtheinternet/home/5-forcesRothaermel, F. T. (2015). Strategic management. McGraw-Hill.Wells Fargo - Personal Business Banking - Student, Auto Home Loans - Investing Insurance. (2016). Wellsfargo.com. Retrieved 25 July 2016, from https://www.wellsfargo.com