Marketing and Oligopoly Market

Definition of oligopoly Oligopoly market structure is a market with few seller but large in size and their produce branded product whereby advertising is a very crucial element within the oligopoly market. Thus in the oligopoly market structure the competition between a firm with another firm is very high because they are only a few seller in the market and the price is very stable. 2. 0Characteristic of oligopoly market structure: 2. 1 Difficult to entry Oligopoly market a very difficult to enter because they also need a huge amount of capital and the expenses is very expensive.Apart from that they using a high technology in their product. Example of oligopoly market such as airlines, automobile, steel industry and oil industry. 2. 2 Similar or differentiate product In the oligopoly market sometimes they sell similar product such as oil from Saudi Arabia is the same oil in Malaysia and Thailand. For the differentiate product such as automobiles, steel industry, gas, and cell phone. 2. 3 Few seller and large in size Oligopoly market have few seller but they are very big in the economic scale because in their production they produce they product in mass production.Firm that operates in the oligopoly structure can affect the market price the example of this characteristic such as airlines, tobacco, and steel industry. 2. 4 Mutual interdependence These oligopoly market are very easily affected by the action of the other firm this means the action of the other firm will give effect to other firm because they are only a few seller thus the competition is very high. For example if one firm reduces they price the other firm will also have to follow the other firm in reducing they price.

Purani Jeans Aur Guitar Essay

â€Å"Purani Jeans aur guitar†¦Ã¢â‚¬  a jingle which most of the college going students might never forget. Somewhere in the song a stanza comes which states – â€Å"maangne paise udhaar†. This is a very common incidence happening in college life and the best part is that one gets to have as many resources as she/he requires. But the point is do we actually NEED to ask for the â€Å"Udhaar†? Lot many instances have been found wherein because of this â€Å" udhaar† lot many feuds(Big or Small) has happened between best of the friends. So do we actually want to have â€Å"udhaar† or get rid of this and still continue to enjoy the beautiful and happening ‘College Life’? (This may not seem 100% doable but â€Å"try maarne mein kya jaata hai!!†) So what is the Solution? Very simple – Put the right money in the right pocket in the right quantity in the right time, that’s it! This can be achieved by using the world famous – â€Å"Art of Investment† Investment has its own Oxford Dictionary meaning – ‘the action or process of investing money for profit’. The question is how do we practice this art of investment and make the action work for us. In simple terms – how do we invest, where do we invest and when do we invest? Let’s look out for answers to these questions: a) Where do we Invest? Answer – Avenues for investments have seen a drastic change from yester years till date. Now we have simple formula – â€Å"zarurat jaisi, salaah waisi†. You name your objective of investment and we have a solution available as per your requirements. One may go ahead and invest in a plethora of avenues as per requirement viz. i) Traditional Debt instruments – Bank FDs, Post Office Schemes etc. ii) Tradable Debt instruments – Bonds & Debentures iii) Direct Equities iv) Mutual Funds v) Gold vi) Real estate etc. As per one’s capability, knowledge, resources, risk & time may choose one or more avenues of investments among these. Mutual Funds provide a one-stop solution in all categories. b) How to Invest? Answer – Investment mechanism and procedures have also evolved with time. Now one may invest in most of the avenues in not only a physical mode – filling of application, giving cheque etc. but can also invest electronically viz. using Mobile phone, SMS, online, call centre etc. All that is required is to comply certain regulatory requirements and that’s it. You have enough invest lump sum; you do not have enough invest systematically in small chunks. c) When do we Invest? Answer – Most difficult but again very simple too. A great learner has said – â€Å"You have two options – either time the market or spend time in the market. It is always easier and better to spend time in the market rather than timing the market!!† So, it is always advisable that one invests regularly and systematically rather than trying to capture the highs and the lows. Whenever you think of investment don’t wait but invest – lot many avenues are already available for various needs and timing. Also it has proven record that invest early always yield s better results. â€Å"Papa kehte hain bada naam karega, beta hamara aisa kaam karega† Starting investments at the early ages viz. when in college when you start receiving pocket money definitely adds up a bigger amount to your future life and helps to achieve ones goals and aspirations. Your parents would also feel PROUD.

The secret life of bees Essay Example | Topics and Well Written Essays - 500 words

The secret life of bees - Essay Example olding of occurrences at the household of the Boatwright sisters and the community of worshippers of Our Lady of Chains, the Black Madonna, accorded opportunities for Lily to find what she was looking for. The primary character and narrator of the story is Lily, who was searching for answers regarding her mother’s past, prior to the event of her death. The struggles she was subjected to h encompasses theories of psychosocial framework delving into concepts of trust (in oneself and in T-Ray), guilt (due to the death of her mother), isolation (feeling alone and lonely), role confusion (her perception of being a girl and not acting like one) and feelings of despair (due to the loss of Lily’s mother). The story evolved in finding solutions to her dilemma through the assistance of a group (the Boatwright sisters and the community of worshippers) who were instrumental in giving her the much needed support and love, as well as the answers she was looking for. Her experiences of living and working with bees gave her the strength to accept the things that she could not change (being abandoned by her mother, the way her father treats her, racial inequalities, among others) and the resilience to accept what she has (her talents in writing, taking care of bees, being in love with Zach despite racial differences). The lesson of learning to accept the need to reveal the truth, despite its painful memory, as she revealed everything to August set her free and provided the impetus for understanding the facts about her mother’s abandoning her and T-Ray. This enabled her to move on and to actually forgive his father and to open herself to the love that Boatwright sisters and the community of worshippers give her. The Secret Life of Bees presented an analogy between Lily, as a bee, in search of her mother (the Queen). The secret she kept from the Boatwright sisters, though not immediately revealed, has caused her fear, anxiety and insecurities with regard to her relationships

How Families Deal with a Loved One Who Has Alzheimer's Research Paper

How Families Deal with a Loved One Who Has Alzheimer's - Research Paper Example Mild cognitive impairment is viewed as a form of forgetfulness attributed to ageing. While this disorder is a symptom of AD, it is not a must for people who suffer from mild cognitive impairment, to contract AD. Causes and Signs of Alzheimer’s Disease The well known risk factor of Alzheimer’s disease is old age, mostly when people hit the age of sixty years. It is not considered normal for aging people to suffer from the disease. It is also easier for one to have the disease if a close relative such as your sister or mother had suffered from the disease. One can also contract the disease if you happen to have certain genes that are linked with the disease. Other susceptible factors include suffering from blood pressure; however, this is yet to be proved. The disease is classified under two types which include the late and early onset Alzheimer’s disease. Late AD disease affects people who are at the age of 60 and above (â€Å"Coping with Alzheimer's disease,â₠¬  n.d.). The early onset of Alzheimer's disease is known to affect people before they attain the age of sixty. This type of disease has a fast rate of getting worse. The role of genes in this type of disease has already been established, that is why it is prevalent among family members. The common symptoms of the disease are associated with the functioning of the brain. One of the symptoms of this disease includes the individual’s inability to communicate properly. The patient will forget how to read or write or even talk. They also are emotional, increasingly aggressive and paranoid. This is as a result of increased memory loss. When the disease has progressed, Alzheimer's patients require assistance in almost all tasks which include bathing and dressing. They will often forget their relatives’ names and forget events that take place. Their judgments and thinking capacity reduce to a substantial level and they will not realize that they are in danger when something arises (Alzheimer's Disease & Dementia Alzheimer's Association, n.d.). It reaches a point where the patient has to be taken care of all the time to ensure their safety. Recognizing early symptoms of the disease will ensure that the situation does not get out of hand. It is important for family members to recognize some attributes that could indicate onset of the disease. Symptoms such as loss of interest in activities that one was recently interested in is the first sign a family can identify (Brijnath, 2011). Forgetting one’s history can also be an early symptom of the disease. They will also execute tasks that require thinking for longer periods of time. When the family recognizes these symptoms, the patient should undergo a series of test to determine if they are suffering from AD (Sell, 2008). The tests will include a complete physical checkup with a mental examination. Family members of the affected person should ensure that the doctors check for brain tumor, severe depr ession, chronic infection or thyroid disease. An AD diagnosis is made when certain symptoms are present and other causes of dementia named above are not present. Taking care of the patient who suffers from the disease can be challenging (James, 2008). This is especially to the family members of the patient. It is important to ensure their safety and wellbeing and how to care for the patients will be discussed in the subsequent paragraphs of this paper.

Nursing Practice Theory Research Paper Example | Topics and Well Written Essays - 500 words

Nursing Practice Theory - Research Paper Example There exists a relationship between grand theories, middle range theories, and nursing practice theories in that, all these discuss about nursing as a profession and provide a guide for nursing practice. Grand theories are general concepts and are representative of a wide range of nursing practice. They, therefore, have the broadest scope. They use statements to show relationship otherwise known as assumptions to show the basis of their philosophy. Grand theories form the basis for expansion of other theories, research and development of new standards. The focus of grand theories is on the â€Å"phenomena of concern to the discipline such as person as adaptive systems, self-care deficits, unitary human beings, human becoming, or health as expanding consciousness† (Parker & Smith, 2010). Grand nursing theories are visions to be used in nursing practice. However, the limitation of these theories is that, they cannot be universally tested; hence, they have limited capabilities in guiding, explaining, and foretelling about specific situations in nursing. This is because; these theories were developed by scholars who were thinking way above their time. Middle range theories are derived from concepts of grand theories. These theories are narrow in scope as compared to grand theories, and they offer an effective bridge between grand theories and the description of specific nursing phenomena. These theories are of advantage in the sense that, they are more applicable to nursing practices and situations. This theory allows testing of theory through research, devising strategies for nursing practice, and developing tools for nursing practice. As a result of this, middle range theories are more efficient and proficient as compared to the other theories. As a result of covering a wider scope, middle range theories are applicable in many health care institutions and other health quarters. Nursing

Differentiation between Customer Relationship Management Essay

Differentiation between Customer Relationship Management - Essay Example In the yester years banks used to invest in maintenance & development of operational systems but now they are considering their marketing campaigns (mainly offline) to boost up their overall earnings. (Rajola, 2003, p.17) Benefits that can be derived through CRM are the reporting tools that enable companies to have strategy in their businesses & also have the opportunity to keep the consumer’s contact. (Sharp, 2003, p.175) On the other hand Customer Experience Management (CEM) is an entire process of accumulating a consumer’s experience with a product or a particular company. The idea of CEM is mainly built on the orientation of the process & hence it tries to relate the relevance of a product or for that matter, the producer firm, to a customer’s life. In CEM the overall motto is not to sale the goods to any particular consumer, instead the idea is to maintain & share the experiences of the product with the consumers even after the sale. By doing this, value is created for the firm & a loyalty is built up among consumers. (Schmitt, 2003, pp 17-18) Customer Experience Management is an approach that focuses mainly on the experience of consumers. It focuses on the consumers’ purchase & usage mannerisms. Thus the customers may feel delighted with newer products while on the contrary Customer Relationship Management rarely focuses on the emotional bond with the customer. In CRM customer’s feedback regarding a product or a service is not considered. (Schmitt, 2003, pp 16-17)

Christian Thought, Greek Philosophical Thought, Hindu Tradition Research Paper

Christian Thought, Greek Philosophical Thought, Hindu Tradition - Research Paper Example Hence discovering new avenues of mythology and knowing peculiar but amazing facts about the believes of Hindus. On the morning of November 1st 2011, I packed my bags and was out for a trip to New York, probably the most busy and populated cities of USA. My trip mainly aimed at visiting the various Hindu temples in the city and jotting my experiences as this was my field work. I got a list of the Hindu temples as a part of my assignment that I had to cover. My first visit on 2nd November, 2011 was to the Ganesha Temple, located in 45-57 Bowne street, New York. It was small frame temple, was completed in the initial days of 1977. I then came to learn the deity worshipped was that of the elephant god, who is known as Ganesha. The idol of the deity is gorgeously dressed. As per the traditional Hindu belief, Lord Ganesha's blessings are indispensible for success in all mundane affairs. So Ganesha puja is supposed to be an essential part, before any Hindu religious activity. Customarily ca rried out be it a marriage or any other ritual. As per Hindu Mythology, Lord Ganesha is the first son of Lord Shiva and Universal Mother Goddess Parvati and is an embodiment of knowledge. As per traditional belief, Lord Ganesha was beheaded during the time of his birth, however instead of a human head his head was replaced by that of an elephant. Despite the fact that this is a mythological anecdote, what really amazes me is how the story is mingling with so many Hindus sentiments and how it has got a profound influence on the way of life of a devout Hindu.  The daily rituals of Pujas are performed with utmost sincerity and full devotion, both in the temple, and as also I came to learn, as a daily way of life of many Hindus here in New York, although they are miles away from their home country. In addition to the daily rituals, the weekend services are conducted by volunteer priests. Structurally, the temple follows the guidance laid down in the Hindu scriptures for temple buildin g, also known as the Agama Shastra in Sanskrit. Agama Shastra also provides a departure from the traditionally accepted ways of religious conduct and worship that has been laid down in the main body of Hindu scriptures of Vedas, Upanishads, Epics and Puranas. My next visit was to the Om Sai Mandir, located in the heart of the city at 45-11 Smart Street. c. The temple is open from early morning till late evening, and contains the idol Sri Sai Baba. All visitors were welcome to visit the temple and seek the Baba's blessings, whether they were devout followers of the Guru or not. Sai Baba is a real life figure, who preached his faith to his followers during historical times. This is in contrast to Lord Ganesha, whose originates from Hindu mythology. He was a spiritual saint, a fakir (beggar). His followers believe that he helped his contemporaries and disciples with his miracles. The Baba is a Hindu Guru, a mystic philanthropist as well as educator of religious virtues. In the religiou s teachings of the Baba, one witnesses a blend of Hindu and Muslim beliefs and ways of life. So, like the Sufi Movement, the preaching of the Baba heralds the confluence of both Hindus and Muslims religious thoughts. To my surprise this is the place one can say, this temple occupies a position of importance for people of both the faiths who live here in New York, be their origin in India or in other countries of the sub-continent like Bangladesh and Pakistan. Seeing the personalities and faiths of religious leaders