Article Analysis Research Paper Example | Topics and Well Written Essays - 1750 words

Article Analysis - Research Paper Example The predictions of the economic theory presented in the article will also be carried as well as a discussion of the relevance of the economic theory to the ideas presented in the article. Travernise (2011) reports that about 2.6 million people slipped into poverty in the USA in 2010 as reported by the Census Bureau bringing the number of Americans living below poverty to 46,2 million people. This has been the highest figure in 52 years according to the records obtained from the bureau. According to the economists, the median income level of the household fell to records last seen in 1996 and this scenario shows that such statistics were last recorded during the great depression when the statistics had taken such a long period to rise. The report states that about 15.1 percent of the Americans were living below the poverty datum line which was pegged at $22, 314 for a family of four in 2010 and this level has been the highest since 1993. This came on the heels of President Barrack Obama’s bid to push for the jobs bill meant to foster employment creation to alleviate the levels of poverty especially among various people from the different parts of the country. T here has also been a widening gap between the haves and the have nots and this trend is likely to continue unabated if sound economic reforms have not been put in place. The minorities in particular were hardest hit as the report shows that blacks in particular experienced the highest poverty rate of 17 % up from 15 % in 2009, the rate for the Hispanics rose from 25 % to 26 % while the poverty rate for the whites rose from 9.4 % to 9,9 % in 2009. The trend shows that the whites were least affected and it seems that the gap between the rich and the poor is continuing to rise. The economists suggested that joblessness or unemployment was the main culprit leading to such unbelievably high rates of

Kind of sport ball Essay Example | Topics and Well Written Essays - 250 words

Kind of sport ball - Essay Example o establish and market its brand name, which is a trusted and well-known national brand as designer clothing and a private label that has several low-cost, well-located, and leased stores throughout the U.S. (Pride & Ferrell 36). This has helped the company attract and retain loyal shoppers. The company management has also gained staffing confidence in its market through the achievements of its managers and employees and awards given to its staff. Kmart has adopted and implemented turn-around strategy, which has significantly transformed management structure. This implies that unprofitable stores and underperforming employees are retrenched, in any renewal (Pride & Ferrell 36). This strategy ensures that a high performing staff is retained, and employees are promoted to where they can work effectively. Kmart has also managed to limit face-to-face competition from its key competitors, such as Wal-mart and Target, by locating its stores away from them. It has employed expertise that plans the appearance and layout of stores to satisfy different customer segments (Pride & Ferrell 36). Finally, the company has established an effective retailing system through focusing on certain key areas of technology. This system helps in controlling supplier payments and inventory. It also monitors income versus profit margins, and track customer behaviors across all stores (Pride & Ferrell

Gender biases in the United States Essay Example | Topics and Well Written Essays - 1000 words

Gender biases in the United States - Essay Example The female victims suffer from low self- esteem. Other female victims lack the confidence to perform their daily tasks. Other female victims suffer from a feeling of helplessness. Additionally, society had impressed on women that their gender role is lesser in value to the male gender. Being informed that the female job applicant was not hired because the company needed a male sales representative is tainted with gender bias. Society had impressed on the female gender that the male masculinity is higher in value over the female gender’s less masculine physical built (Chin 125). Further, Robert Kail’s research emphasized that only ten percent of the top 500 corporation 2006 officers were women. Further, it was only in 1981 when Sandra Day O’ Connor was appointed Supreme Court Judge. The next female Supreme Court Judge was twelve years later, Ruth Bader Ginsburg. Likewise, most of the faculty members of universities and colleges were male professors (Kail 443). Moreover, Robert Kail shows in the above table that gender bias had improved (Kail 441). The population of women had increased from 76 million in 1950 to 152 million in 2006. The same table shows that there were only 21 percent of women enrolled in high schools during 1950. However, the percentage had increased significantly to 86 percent in 2006. Because of the modern era where gender bias had been significantly reduced, 66 percent of women were married in 1950. The married women figure dropped to 47 percent. One possible explanation was that more women preferred to work outside the home instead of taking care of the family as plain housewife. The above table clearly shows that 29 percent of the women were working outside the home during 1950. However, the women working outside the home figure influentially rose to 60 percent in 2006. Historically, women were relegated to the home chores. Prior to the 1970s, women were characterized as mentally and morally lesser in

Corn Research Paper Example | Topics and Well Written Essays - 3750 words

Corn - Research Paper Example They recommendations section in particular gives information regarding the observations identified in the research. The conclusion and summary provide a recap of the notable findings of the research. The paper uses information from different sources including the ERS and USDA to support the information delivered in the paper. The sources are cited using the APA format of citations and referencing. Corn also known as Zea mays in its scientific name is an essential cereal that is believed to have originated from the Western Hemisphere. Many people believe that corn originated from the Mexico and southern Argentina while others suggest its origin as the valleys of Mexico. Many theories of its origin have been created, only two of them get serious consideration nowadays. The first one is the teosinte theory of the wild progenitor of corn. The other is the theory of the wild pod corn that is now extinct. The theory suggested that corn was domesticated by ancestors. Many scholars and students accept the first theory, but others are equally convinced that the second is right. Apart from its possible position in the origin of corn, the first theory has had significant impact on its evolution. Specifically in Mexico, introgression between teosinte and corn has mostly occurred for many years and is continuous to this day (Peckham, 2001). The effects are not real in the cytology and morphology of both species. There exists a reason to accept that genes for resistance to particular viruses have brought corn to its introgression with teosinte. Origin of corn might never be clearly known with certainty. A major reason is that the suggestion purporting to explain the origin cannot be tested through experiments. Therefore, science may perhaps be better used if less attention is accorded to determine the origin of corn and more to comprehension of the variability existing within the species (Murray, 2007). Regardless of its origin, corn has proved to be

Compare and contrast the great depression and todays great recession Essay

Compare and contrast the great depression and todays great recession - Essay Example Therefore, it is relevant to correlate historical experience of 20s with the current processes in the economy. In order to show distinctions and parallels between the Great Depression and the Great Recession, it is required to analyze the reasons of these periods in the American history, draw parallels between them in order to develop lessons for the future practical implementation of successful strategies and avoid mistakes of the previous years. Another supposed reason for the Great Depression is often found in banks collapse. When investors took away their money from the banks to pay debts, nearly 9,000 banks failed in less than 10 years. Therefore, a credit crisis occurred. Those individuals who had bank accounts lost their savings and businesses did not have an ability to expand. Furthermore, this drastic economic situation was also spoiled by a slow process of recession. People were afraid of spending their money and many companies had to decrease their production levels. As a result, a great number of unemployed people occurred. The American government managed to correct the challenging situation and introduced The Smoot – Hawley Tariff act of 1930. In accordance with this Act, American companies could easily trade with international companies and pay fewer taxes. Still, the government could not resist dust and drought storms, which devastated agricultural sector. As a result, the prices for food were high and p overty rates increased as well. As far as we can see, there are many parallels which can be found between the Great Depression and today’s Great Recession. Let us focus our attention on the reasons that triggered the Great Recession. In 2008 only 19 banks have experienced bankruptcy. In 1930, 744 banks failed. In 30s, banks were protected by the FDIC (Federal Deposit Insurance Corporation) (Chee-Heong Quah and Crowley, 2009). Still, this system is more beneficial for banks nowadays. In

What Can We Learn about Managemet Today from Exanining Its Historical Essay

What Can We Learn about Managemet Today from Exanining Its Historical Foundations - Essay Example Scientific management theory or classical management theory has its roots from the beginning and which later give birth to behavioral management theory. In scientific theory the focus is on how to increase productivity and efficiency. In order to find the best way to manage workers or employees managers will apply scientific solutions, such as training employees to a specific task to gain organizational goals. This approach only focuses on achieving results and getting productivity ignoring the motivation and will of the workers (Hartness, 47). The major contribution on this approach was put forward by Frederick Taylor also known as the father of scientific management (Kanigel, 8-9). American engineer named Frederick Winslow Taylor published â€Å"THE PRINCIPLE OF SCIENTIFIC MANAGEMENT â€Å"in 1911 was amongst the first modern management publisher inspired by the rise of industrial age (Beissinger, 19). Taylor believed managing people is a science (Taylor, 12). He tried to make ma nagers think of their employees as specialized replaceable components. He emphasizes on directing employees effectively on work more precisely can give the maximum security and success for employer (Aitken, 32). Behavioral management theory on the other hand focuses on how employees will work and how employers could manage the employees in conducting of work in an organizational setting. Its prime concern is employee behavior and expectations and involves the motivation factor which was ignored by scientific approach. During the development of behavioral management theory, a scientist named Elton Mayo conducted an experiment which proved that increasing human motivation and satisfaction will give good amount of productivity. Elton Mayo’s contributions came as a...Furthermore the essay will elaborate scientific school of thought under the working of Fredrick Winslow Taylor who believes employees are machines. Secondly behavioral school of thought will be discussed as per Elton Mayo’s experiments and findings regarding how productivity can be achieved if workers are inclined towards motivation. The work of Abraham Maslow in hierarchy of needs will be discussed and finally the work done by Sun Tzu in terms of behavioral approach will finally be put into consideration. In section two the essay will highlight the core issue regarding continuities and connections between the different stages of management how they are transformed and modified by different people at different era’s and how they were in practices. Furthermore in section two the essay will discuss a problem that has been dominant throughout and its solution given by Fredrick, Maslow and Mayo. Finally then some suggestion and recommendation will be discussed on how the problem can be solved and rectified and what necessary measures should be taken in order to achieve the desired goals.Productivity has always remained a problem for years and the managers of every era have been focusi ng on different techniques to improve the productivity. Some have worked whereas some have not.

Financial analysis Essay Example for Free

Financial analysis Essay The Back Yard Burgers has 183 restaurants – 44 company-operated and 139 franchisees as on June 30, 2007. The sales figures indicate total revenue of $12,610,000 as compared to last year sales figure of $11,695,000. Restaurant sales accounted for $10,688,000 that is a 10. 3% increase from last year figures of $9,686,000. Out of this 10. 3% increase of revenue, 6. 8% is attributed to the addition of two new company-operated restaurants till Jun 30, 2007 since July 1, 2006. The remaining 3. 5% increase in the revenue from restaurant sales is from the existing restaurants. Thirteen Weeks Ended June 30, July 1, 2007 2006 Revenues: Restaurant sales $ 10,688 $ 9,686 Franchise and area development fees 84 204 Royalty fees 1,265 1,245 Advertising fees 318 314 Other 255 246 Total revenues 12,610 11,695 Expenses: Cost of restaurant sales 3,502 3,120 Restaurant operating expenses 5,040 4,646 General and administrative 2,259 1,634 Advertising 814 668 Depreciation 544 543 Other operating (income)/expense — — Total expenses 12,159 10,611 Operating income 451 1,084 Interest income 29 16. Interest expense (193 ) (198 ) Other, net (28 ) (24 ) Income before income taxes 259 878 Income taxes 50 302 Net income $ 209 $ 576 Statement of income for the period July 1, 2006 to June 30, 2007 The statement of income shows a net income of $209,000 only for the current year as compared to $576,000 in the previous year. An increase in the general and administrative expenses and increased advertising expenditure accounts for the lower net income of the company. The annual turnover of the company in the year 2006 was $44,710,000 as compared to $41,000,000 in the year 2005. The company reported a 9% annual growth in sales. Key financial data of Back Yard Burgers (In millions of USD) Income Statement Quarterly (Jun 07) Annual (2006) Annual (2005) Total Revenue 12. 61 44. 71 41. 00 Gross Profit 3. 81 13. 67 12. 29 Operating Income 0. 45 2. 18 0. 42 Net Income 0. 21 0. 88 -0. 04 Balance Sheet Total Current Assets 7. 19 7. 08 5. 32 Total Assets 32. 94 33. 41 31. 64 Total Current Liabilities 5. 24 5. 79 4. 01 Total Liabilities 15. 24 16. 11 16. 34 Total Equity 17. 70 17. 30 15. 30 Cash Flow Net Income/Starting Line 0. 21 0. 88 -0. 04 Cash from Operating 0. 40 4. 05 3. 33 Cash from Investing -0. 16 -1. 85 -7. 83 Cash from Financing -0. 25 -0. 36 5. 78 Net Change in Cash -0. 01 1. 84 1. 28 The above table gives in insight into the company’s current financial position. The operating profit in the year 2006 was $2. 2 million compared to an operating profit of $0. 4 million in the previous year. The net profit was $0. 9 million in the year 2006 as compared to a net loss of $0. 04 million in the year 2005. The company reported a net profit margin of 1. 96% in the year 2006 as compared to 1. 28% in the previous year. The operating margin of the company also increased from 3. 56% to 4. 87%. The financial ratios for the current period is provided in the table below: Key Stats Ratios Quarterly (Jun 07) Annual (2006) Annual (TTM) Net Profit Margin 1. 66% 1. 96% 1. 28% Operating Margin 3. 58% 4. 87% 3. 56% EBITD Margin 9. 77% 8. 34% Return on Average Assets 2. 53% 2. 69% 1. 80% Return on Average Equity 4. 77% 5. 37% 3. 44% The company has seen a decreasing profit over the past few years. The analysis of the various factors that account for success in the fast food industry in this paper has highlighted the reasons responsible for the decreasing profit.