Inventory management in a business environment - Free Essay Example

In todays world every business tries to strike a balance in inventory between what is needed and what is demanded, considering the major factor of cost cutting/reduction. This control is called Inventory management or inventory control. Inventory is basically assets (goods and materials) which are stock of any business. Inventory management focus on the capacity of the inventory, the place in which it is located so that one can use it when needed, the supply chain management of the raw materials and goods. Inventory management deals with the demand forecasting, asset management of the raw materials and goods, inventory carry cost, forecast, pricing of goods, validation of goods, to forecast the demand of future. This helps the top level manger to understand and coordinate with the supply chain management or production management, and quality management. The three important objectives of Inventory management are Satisfactory level of service Most company measures the ability to satisfy the customer by the following 3 factors / methods Number of order which act per schedule Number of order which are shipped as per schedule The idle time in inventory as well as shortage Minimizing inventory investments Most company try to minimize the money associated with inventory so as to improve profitability of the company. This is measured using inventory turnover ratio (Measures how quickly the inventory is getting out of system to the consumer) Its calculated using formula- Sales / inventory or cost of goods sold / average inventory [1] Efficient inventory control Efficient inventory control includes how the inventory are scheduled properly, no delays between sniffing of raw materials and goods. The amount of raw materials determines the workforce and other factors. Every company will incur fixed cost and vertical cost. There should be a balance between the fixed cost and variable cost. Necessity of inventory of a company JAN FEB MAR APR MAY JUN CUSTOMER DEMAND 500 500 0 1000 2000 2000 FINISHED GOODS PRODUCED 1000 1000 1000 1000 1000 1000 Inventory month end 500 1000 2000 2000 1000 0 Table 1- To illustrate how an inventory is used in end of month Factories which a company considers to get excess demand Fulfil demand- Consider an instant where a customer wants to buy 100 DVD disks from shop A. But the shop A has only 50. So the customer goes to Shop B. He gets the 100 DVD disks he wanted. So from next time onwards the customer may go only to shop B directly. Hence to avoid this the shop has to evaluate and forecast property how much is required 2) To have progress in operations: A company must have certain purchased items like the raw materials and goods sold in order to manufacture its product. Running out of only one item can prevent a manufacturer from completing the production of its finished goods. 3) Lead Time: the time that lapses between the order placing (production and purchase order issued in the factory floor) and actually receiving the ordered. The more and more the lead time, the more and more of the quantity of goods the company should must carry in stock. Illustration: Just-in-time manufacturing firm, like Nissan in Smyrna, Tennessee, maintain extremely low levels of inventory. 18 times per day it takes delivery on truck seats. But the steel mills may have a lead time of 3 months. That means to say a firm which uses steel produced at the mill must order minimum 3 months in advance.[2]. Requirements leveler: Inventory is mainly used to maintain a steady rate of output [mainly to avoid the hiring cost and training the new personnel], while determining the forecast of inventory , increase in demand is called anticipation inventory There are four types of inventory Raw materialsÂÂ   basic materials used for manufacturing of goods. Work in process- goods which have started to transformation to finished goods Finished goodsÂÂ  -final finished product for consumer. MRO goods- maintenance ,repair and operational goods RAW MATERIALS: The materials that are used in a conversion process of manufacturing to convert them into partly or completely finished goods. These items include commodities or materials extracted by the firm or its subsidiaries. They can also be bought by the firm. A partially completed item may be considered as finished goods by the supplier, but this could also be the raw material of the purchaser. Some examples of raw materials include Ore Grain Minerals Petroleum Chemicals Paper Wood Paint Examples of raw materials bought from outside the firm: Nuts and bolts Ball bearings Seats Wheels WORK IN PROCESS: This includes all the materials, components, assemblies, subassemblies, etc. which are being incorporated into the system. They include all the materials from the start till they are ready and are awaiting inspection before they form the completed product. CASE: At Dulux paint the total time taken to produce paint varies from 7 to 24 hrs. This time depends on the type of goods. FINISHED GOODS: Finished goods are those which have gone through the entire process of manufacturing and are completely ready to be sold to customers. Finished goods inventory is the collection of completed products. Finished goods also mandatorily have to pass all tests and inspections before they are sold to either retailers, distributors or directly to customers. Typically a manufacturer has a good stock of raw materials, work in process and finished products. A retailer or wholesaler has a big collection of finished goods ready to be sold. TYPES OF INVENTORIES: TRANSIT INVENTORY: Inventories many times have to be transported from one location to the other as they pass through the levels of manufacturing. These inventories are called transit or pipeline inventories as they are in transit from a location to another. Automobile manufactures make use of freight consolidators to pool in their inventories. CASE: HPCL handles the transportation from refineries to customers through various modes like roadways, shipping, pipelining etc. BUFFER INVENTORY: Inventories are sometimes used to counter attack the uncertainties of demand and supply. They could also be used to take care of unforeseen situations like poor transportation, poor quality etc. Buffer inventory or safety stock is the amount of stock which is in excess compared to the current demand of goods. The more safety stock a firm has very small is its probability of running into a stock out situation. ANTICIPATION INVENTORY: Firms often purchase and hold stock which is much higher than their present requirements in anticipation of a future event. These event can include Seasonal variations in demand Price variations An impending labour strike This method allows firms to build up their inventory reserves when the demand is declining and as the demand shoots up they can utilise the inventory. The firms need not increase their production capacity and overload their workers when there is a sudden rise in demand. DECOUPLING INVENTORY: The production time of each machine used in a manufacturing plant varies. Some systems produce more products in the same time duration. The faltering of any machine must not affect the entire production process. Thus decoupling inventory acts as a shock absorber and decouples the dependence on sequential process. CASE: Consider a book manufacturing firm. If it is known that the paper manufacturing machine is not working for few days then the manager forecasts the requirement and carries out other activities like binding so that the entire process is still intact. VARIOUS COSTS RELATED TO INVENTORY MANAGEMENT: Ordering cost and cost of acquisition: Large organisations have separate purchase offices which handle the purchasing of huge inventories. Demands are technically analysed and decisions about inquiries, tenders and orders are made. An additional cost is included for each step this is all summed up to arrive at the Ordering cost and cost of acquisition Carrying costs: holding inventory is an additional expense for every firm. Different elements of Carrying costs are Interest on capital / cost of capital / opportunity cost Obsolescence and depreciation Cost of storage, handling and stock verification Insurance cost The average carrying cost could be expressed as follows: Interest on capital / cost of capital / opportunity cost 15 to 25% Obsolescence and depreciation 2 to 5 % Cost of storage, handling and stock verification 3 to 5 % Insurance cost 1 to 2 % TOTAL 21 To 37 % Shortage or stock out cost: Whenever an item is not available when required then it causes delay to all the process which require that item. This causes a loss since the work at a stage is delayed or even stopped at times. Consider an example of a locomotive, if its production is held up due to lack of availability of spare parts then it causes loss due to delay in completion. If the part has to be bought from outside the firm the additional expense is incurred. Systems cost: These costs are related to the type of control mechanisms and systems being used to monitor the production process. INVENTORY MANAGEMENT TECHNIQUES: One of the vital objectives of a firm is to manage inventories efficiently in accordance with the shareholders. Optimum utilization of the inventories aids to achieve that objective, as well as reap profit. The inventories which are controlled efficiently make the firm flexible and avoid disasters like running out of stock and pilling up of unnecessary stock which increases the level of investment and does not bring the firm profit. The following questions help to manage the inventories properly. How much should be ordered? (economic order quantity) When should it be ordered? (re-order point ) ECONOMIC ORDER QUATITY Economic order quantity deals with problems like the amount of stock to be furnished on the depletion of stock, the planning of production. So the firm has established the economic lot size. This involves two types of costs: Ordering costs: it includes the cost of the following: Purchase Requisition Ordering Receiving Transporting Inspecting Storing Ordering cost differ according to the orders placed. The clerical and the staff costs remain the same as long as they are committed costs. On the other hand if the quantity of the order increases, the clerical and staff costs may increase. If the quantity is reduced the clerical and the staff force can be used in other departments hence the cost can be included to the ordering cost. As the ordering costs is proportionate with the number of orders placed a large inventory helps in reducing the order cost as the number of orders reduce. Carrying cost: it includes the cost of the following: Storage Insurance Taxes Deterioration Adolescence and to maintain the level of inventory. The storage costs include warehousing cost, stores handling cost and administrative cost. Carrying costs differ with inventory size and is in contrast with that of ordering cost which reduces with the increase in inventory level. Re-order point: it means the point at which the firm should restock its inventory. In order to be certain of the time of restock, the firm should know the following: Lead time (normal replenishing time i.e. reorder= lead*avg. usage) Average use Economic order quantity Safety stock: the actual delivery time might differ from the normal lead time. If there is an increase in actual usage or delay in delivery of stock it may prove to be expensive for the firm so in order to protect themselves from such mishaps they can maintain a safety or back-up stock JUST IN TIME: Just in time became famous because of the Japanese firm. It means that the materials arrive in time for production and hence maintenance of inventories is not needed but then the delivery and production have to be well co-ordinated. It also has its drawbacks like if the quality of the material is poor it will be a hindrance for production. The success of just in time depends on quality management and the relationship with the supplier. Example: One truck transportation company obtains much of its business by catering to companies that must deliver parts to other companies just in time. The Toyota Company in Japan has developed a scheduling discipline for internal control of in process material movement, called Kanban, which substantially reduces WIP. Inventories and hence reduces the associated costs. OUT SOURCING: As times are changing so are the practices of companies. Nowadays companies tend to outsource. That is buying components from some other firms. Example: Tata motors has developed number of ancillaries are able to maintain the high quality of the manufactured components. The car manufacturing company, Maruti, which is now controlled by Suzuki of Japan, has the similar system of supply. COMPUTRIZED INVENTORY CONTROL SYSTEM: Technology is made controlling of inventories easier by computerized inventory control that is everything from tracking, revising, counting. It also restocks the inventory by reordering when necessary that is possible because of the information system which is linked between the buyer and supplier. However it is not practical for large retail stores.

The Characters and Events of the Chronicles of Narnia the...

Midterm Research Paper Thesis Statement: The characters and events of The Chronicles of Narnia: The Lion, the Witch and the Wardrobe have symbolic similarities to events described in the Bible. In The Chronicles of Narnia: The Lion, the Witch and the Wardrobe we discover a world of fantasy filled with the never-ending battle between good and evil. The children in the story, Peter, Susan, Edmund and Lucy lived in London during the war and were sent to live with a professor because of the air-raids. The children quickly find a wardrobe, which is actually a passageway into the land of Narnia. Unbeknownst to them they are the son’s of Adam and the daughter’s of Eve that according to a prophecy will restore peace to Narnia and do away†¦show more content†¦She immediately senses Edmund’s jealousy and utilizes it to entrap the other three children. She offers Edmund anything he wants, he asks for Turkish delights, which she in turn delivers. She then tells him that he could be king and his siblings will be his servants, which is extremely appealing to Edmund. Edmund agrees to deliver his siblings and thus betrays them for worldly desires. â€Å"Edmund’s greed gets the better of his judgment; Proverbs 23: 1-3 cautions, when you sit to dine with a ruler, note well what is before you, and put a knife to your throat if you are given to gluttony. Do not crave his delicacies, for that food is deceptive† (Ditchfield 51). Unfortunately due to Edmund’s treason the Witch confronts Aslan and claims her right to Edmund’s blood as described in the laws (Deep Magic) of Narnia. â€Å"As a traitor Edmund stands condemned† (Ditchfield 62). This is also the case in the Bible; â€Å"All who sin apart from the law will also perish apart from the law† (Romans 2:12). Another Biblical text explains, â€Å"Without the shedding of blood there is no forgiveness† (Hebrews 9:22). The White Witch warns Aslan of the consequences of ignoring the laws of Narnia. â€Å"If this is not accomplished, Narnia will be destroyed with fire and water, which immediately reminds biblically literate readers of Noah’s flood and the prophesied final destruction of the Earth by fire† (Hinten 18). Edmunds sin can’t go unpunished and the penalty isShow MoreRelatedJourney The Wardrobe Of Parallels1054 Words   |  5 PagesJourney the Wardrobe of Parallels The â€Å"Chronicles of Narnia: The Lion, the Witch, and the Wardrobe† is a fantasy novel written by C. S. Lewis. The fairytale is set in a magical world with no limits to the imagination. Endangered by World War II, four siblings named Peter, Susan, Edmund, and Lucy where sent by their mom to live with Professor Kirke in a big house in the countryside of London. In the house there are many rooms and many doors. While playing hide-in-seek, the youngest child, Lucy discovers

Digital Tool Red Jumper Limited Essay - 1646 Words

Digital Tool Red Jumper Limited. (2015). Book Creator Free – make books with photos, video and sound. (Version 3.6) [Mobile application software]. Retrieved from https://itunes.apple.com/nz/app/book-creator-free- make-books/id661166101?mt=8 Analysis and critique Book Creator [BC] uses and develops both reading and writing skills through offering an onscreen multimodal text (Walsh, 2006) creation tool that produces an outcome just as the name promises. The construction of this app includes the option of using photos, video or music and it also has a pen function that allows the creator to ‘write’ as well as type. BC is intended for mobile use as opposed to a fixed place desktop information communication tool [ICT] book creation program allowing the learning to become portable, for example, if making a book about the garden at school; no separate camera is required, the app provides all that is needed from start to finish in a mobile tool. The construction of BC facilitates easy sharing opportunities through email, airdrop, creating an iBook, saving as a movie file or as a PDF in order to print a hard copy. The design of BC uses vibrant engaging colourful images that semiotically imply a fun interactive tool. It advertises very straightforward instructions and this is realised when using the app, it is easy and clear when personalising a creation that can be customised easily for all different learning levels. It is for learners of all ages and specificallyShow MoreRelatedAutomatic Railway Gate Control9546 Words   |  39 Pagesbe carried on the development Board which is having P89V51RD2 Microcontroller from Phillips Semiconductors. It supports ISP programming Mode. The tool used for this purpose is flash magic for ISP Programming. LCD: We are using Hitachi LCD with dot matrix type which supports 16x2= 32 characters. IR SENSORS: The sensor used is a PIR (Passive Infra-Red) Sensor. It is a pyroelectric device that detects motion by measuring changes in the infrared levels emitted by surrounding objects. This motion canRead MoreRed Hat Enterprise Linux 6 Security Guide50668 Words   |  203 PagesRed Hat Enterprise Linux 6 Security Guide 1 Red Hat Enterprise Linux 6 Security Guide A Guide to Securing Red Hat Enterprise Linux Edition 3 Red Hat Engineering Content Services 2 Legal Notice Legal Notice Copyright  © 2011 Red Hat, Inc. Based on the Fedora Security Guide (current version at http://docs.fedoraproject.org/enUS/Fedora/16/html/Security_Guide/index.html), written by Johnray Fuller, Eric Christensen, Adam Ligas, and other Fedora Project contributors. T he textRead MoreIntelligent Spy Robo7072 Words   |  29 Pagesclock input to the microcontroller c1 and r1 forms the reset circuitory connected to pin no 1 of the microcontroller. Key pressed value is transmitted through antenna Construction: Solder all the parts provided in the kit properly. First connect the jumper wires(links) before you solder the IC sockets. Donot solder integrated circuits directly on the circuit board, it may damage the ic since you may not be experianced soldering person. So solder the ic sockets first on the circuit board. Solder smallerRead MoreFinal Year Project (Heat Sensor)15216 Words   |  61 Pagesheat sensor and how the water pump system and the cooling fan work. This project is divided into two parts namely software and hardware development. Also, it includes two circuits that need to be designed and developed, specifically analogue and digital part. Hence, to prove the circuit works, the simulation of the output need to be shown. This heat sensor consists of auto cooling fan and also water pump system. When heat is applied to the sensor, the sensor will detect the heat by electrical characteristicRead MoreCase Study of Pepsi Marketing Strategies10942 Words   |  44 Pagesinvestment p roject has been the centre of much attention and controversy in the late 1980s and early 1990s as the Pepsi Co project in India. The project, Pepsi Foods Limited, was cleared by the Indian government in September 1988 as a joint venture of Pepsi Co, Punjab government-owned Punjab Agro Industrial Corporation (PAIC) and Voltas India Limited. Before this project was cleared, PepsiCo made an attempt to enter into India as early as in May 1985, when it teamed up with Agro Product Export Ltd., a companyRead MoreCMIT Quiz25794 Words   |  104 Pagesadded  a  4 ­disk  RAID10  array  to  the system  and  now  it  spontaneously  shuts down.  What  should  you  do? Upgrade  to  a  power  supply  that  provides more  watts You  are  responsible  for  managing  the client  workstations  at  your  computer.  A user  in  the  conference  room  called concerning  the  digital  projector  and display  issues  when  the  projector  is connected  to  his  laptop.  After  identifying the  cause  and  completely  resolving  the issue,  the  projector  displays  the  images perfectly  both  on  his  laptop  and  on  the projector.  What  should  you  do  nextRead MoreOrganisational Theory230255 Words   |  922 PagesBirmingham Business School, The University of Birmingham Phil Johnson The Management School, The University of Sheffield . Pearson Education Limited Edinburgh Gate Harlow Essex CM20 2JE England and Associated Companies throughout the world Visit us on the World Wide Web at: www.pearsoned.co.uk First published 2007  © Pearson Education Limited 2007 The rights of Joanne Duberley, Phil Johnson and John McAuley to be identified as authors of this work have been asserted by them in accordance withRead More_x000C_Introduction to Statistics and Data Analysis355457 Words   |  1422 Pagesexercises that involve data extracted from journal articles, newspapers, and other published sources. Most examples and exercises in the book are of this nature; they cover a very wide range of disciplines and subject areas. These include, but are not limited to, health and ï ¬ tness, consumer research, psychology and aging, environmental research, law and criminal justice, and entertainment. A Focus on Interpretation and Communication Most chapters include a section titled â€Å"Interpreting and Communicating

National Institute on Drug Abuse - Free Essay Example

Sample details Pages: 2 Words: 452 Downloads: 3 Date added: 2019/03/22 Category Health Essay Level High school Topics: Drug Abuse Essay Did you like this example? I will advocate for the change in pain management to prevent prescription drug misuse at the Georgia state level; to add, pill mill laws should be used in conjunction with prescription management systems (Lainie Vernick, 2017). According to the National Institute on Drug Abuse line graph (NIH) (2018), there was a percentage of 8.8 (NIH, 2018) deaths, which were caused by opiate overdosage in 2016 (NIH, 2018). Moreover, prescription management systems are used to monitor the distribution of pain medications and to determine if physicians are distributing proper dosages of medications to their patients (Garcia, 2013). In addition, pill mill laws control, who has the authority to prescribe medications such as physicians (Lainie Vernick, 2017); plus, pill mill laws have requirements such as requiring pain management clinics have licenses and inspections (Lainie Vernick, 2017). Therefore, I feel that pill mill laws and prescription management systems should be used together because; they will both help to decrease the amount of drug abuse in Georgia. Don’t waste time! Our writers will create an original "National Institute on Drug Abuse" essay for you Create order Three Key Elements The following three key elements influence policymakers: Contacting informative people, finding trusted sources, and staying on a topic (Oklahoma Rehabilitation Council, 2016). First, policymakers want information that is constantly focused on the main subject, so the problem will be identified and multiple solutions can be used to solve it. Second, policymakers need trusted sources to identify problems and solutions; therefore, I feel that contacting cohorts, who know more information about laws can help to determine how to make pill mill laws more effective. Third, policymakers prefer information from sources such as websites ending with .gov and .edu (Oklahoma Rehabilitation Council, 2016). District Information P.O. Box 2565 Columbus, GA 31902 Dear Senator McKoon, Although prescription management programs have been used more often than pill mill laws, I feel that both prescription management programs, and pill mill laws should be used together. To add, I feel that if both the program and the laws are combined, prescription misuse/abuse will decrease; in addition, people who really need opiates will be to use the medication. Plus, pill mill laws are an effective way of determining, which pain management clinics have been distributing pain medication properly through licenses and investigations. Whereas, prescription management programs monitor data such as identifying what prescriptions patients are presently using; therefore, patients will not experience medicine counter interactions. In comparison, I feel that prescription management programs are used to monitor patient prescription, data, and pill mill laws are used to enforce investigations and renewal of licenses. Therefore, Georgia must utilize prescription management programs and pill mill laws to decrease prescription misuse and increase proper distribution of medications. If you need more resources or assistance, please feel free to contact me. Thank you for your time and contributing to the health of all Georgia citizens.

How Hitler Came to Power - 649 Words

How Hitler Came to Power How is it that Hitler easily took control of Germany? Between the state of the economy and how the citizens were living all contributed to it. Most citizens at the time wanted a leader who would fix their economic crisis. Hitler was the first to promise them out of their worries. He said he would bring the economy back to how it was and bring back jobs for the citizens but in reality he had another plan in mind. He would soon be known for the genocide and murder of millions of people and be the leader of the Nazi party. Germany was originally the second most economically advanced country in the world. But things quickly changed during World War I. Germany could no longer import or export. Since Germany was receiving assistance from the United States their economy fell. The result of this was the beginning of producing their own money but, in 1923 Germany went through hyperinflation, monetary inflation occurring at a very high rate, making their money and trad ing worthless. At the end of the war Germany was forced to sign the Treaty of Versailles which made them give up parts of their land and pay war reparations. In 1929, the Great Depression began. Since the United States was giving loans to Germany, when the ‘Wall Street Collapse’ in the United States occurred it also brought poverty and unemployment to Germany because they wanted their money back from the Germans. Not long after was the devastation of the Germans and their poor economic crisis.Show MoreRelatedHow and Why Hitler and the Nazis Came to Power in Germany Essay example1303 Words   |  6 PagesHow and Why Hitler and the Nazis Came to Power in Germany Before the Great War in 1914 Germany was a rich and prospering country. The end of the war in 1918 and between 1933 reduced Germany to a weak and struggling country. There are many reasons for the fall and rise of Germany during this time, which ultimately results in the rise of Hitler and the Nazis. After the war Germany found defeat in the First World War difficult to accept. Their did not accept thatRead MoreAdolf Hitler As A Leader Of Nazi Germany1677 Words   |  7 PagesAdolf Hitler once said â€Å"It is more difficult to fight against faith than against knowledge† (â€Å"30 Eye Catching Hitler Quotes.). In a dictatorship there is one ruler who is in charge of everything in the nation in which he/she rules. Adolf Hitler was born on April 20, 1889 in Braunau am Inn. Hitler also known as Fà ¼hrer; he was chancellor of Germany from 1933 to 1945, and served as dictator from 1934 to 1945. Adolf Hitler was the leader of Nazi Germany, he was one of the initial causes which triggeredRead MoreHitler s Downfall Of The Weimar Government1262 Words   |  6 Pages In November, Hitler was trying to get more power and support, and a way he did this was by trying to take advantage of how bad the condition of the Weimar government was. He did this by instigating a major riot throughout Weimar. It seemed like a full proof plan and situation, but m iscalculations made it a flop and Hitler ending up in jail. At first, the Nazis were not taken seriously and had little to no power. Then, Hitler brought a group of young mean without jobs to become soldiers for himRead MoreHitler s Rise Of Power And Get His Fascist Ideas1639 Words   |  7 PagesWhy Did Hitler Rise to Power and Get his Fascist Ideas This essay will talk about the life of the Nazi Party (also known as the National Socialist German Workers Party), Fascism in Germany, and Adolf Hitler. It will think about what influenced Germany to vote for the Nazis and whether or not Hitler was brought up with the idea of fascism, or whether he was mentally scarred from a young age. This essay will also discuss about how did the Nazis do in their early years in the German elections, andRead MoreReasons Why Nazis Came to Power in 19331712 Words   |  7 PagesReasons Why Nazis Came to Power in 1933 There are several factors that enabled the Nazi party, with Hitler as its leader, was able to come to power in Germany in 1933. There are 5 main reasons involved history, economics, politics and the personality of Hitler. The main political events occurred in 1923 and 1933. The Treaty of Versailles was one of the most important causes that led to Hitlers rise in Germany. From the German point of view the treaty was incrediblyRead MoreHitler and the Nazi Partys Total Control Over the Lives of German People from 1933-19451670 Words   |  7 PagesHitler and the Nazi Partys Total Control Over the Lives of German People from 1933-1945 In Germany, they came first for the Communists, and I didnt speak up because I wasnt a Communist. Then they came for the Jews, and I didnt speak up because I wasnt a Jew. Then they came for the trade unionists, and I didnt speak up because I wasnt a trade unionist. Then they came for the Catholics, and I didnt speak up because I was a Protestant. Then they came for me, andRead MoreElizabeth And Akbar, Chapter 4 Kangxi And Louis Xiv Essay1546 Words   |  7 Pageschapter 2 which is Elizabeth and Akbar, chapter 4 Kangxi and Louis XIV, chapter 8 Bismark and Ito and chapter 10 Hitler and Stalin. This essay will discuss each one of the leaders in the chapters and how they came to power, how they ruled the people, and how they dealt with outside forces. This essay will also talk about how all these leaders had deal with governmental change and how they dealt with it. Queen Elizabeth and Akbar were both leaders that rolled their own country and focused heavilyRead MoreHow Restrictions On A Country End A War Or Setup The Start For Another War?1138 Words   |  5 Pages2016 U.S History Research paper Does putting restrictions on a country end a war or setup the start for another war. After World War One the United States and the Allied powers created the Treaty of Versailles. The Treaty of Versailles set up new nations and borders between the Allied powers and Central powers. The treaty also contained a war guilt clause which would hold Germany solely responsible for starting World War One. Germany was one of the reasons that WWI started but the only reasonRead MoreLying : The Truth About Nazi Propaganda1458 Words   |  6 PagesLying to yourself: The truth about Nazi propaganda What would make a group of people ignore their country’s own genocide? In Nazi Germany, the answer was propaganda. From the end of World War I, the German leaders knew how important propaganda was. By the time Hitler had complete control of the military, the powerful propaganda film Triumph de Willens was already being produced . By the time the second offensive started, they had already launched an international propaganda magazine called SignalRead MoreNazi Germany And Its Detrimental Effects On The Social Outcasts967 Words   |  4 Pagesbe easy to deduce that the Nazi regime was one where Hitler walked in with his officials and took office by force. The truth is that, while the Nazi party is responsible for the atrocities that occurred before and during WWII, they would have not gotten far if it hadn’t been for the cooperation of the German people themselves. Life in the Third Reich provides proof through voting, youth programs and village life that the Nazi party rose into power with German support. In â€Å"Village Life in Nazi Germany

The interviews addressed buying attitudes Free Essays

OBJECTIVE: Compulsive buying (uncontrolled urges to buy, with resulting significant adverse consequences) has been estimated to affect from 1. 8% to 16% of the adult U. S. We will write a custom essay sample on The interviews addressed buying attitudes or any similar topic only for you Order Now population. To the authors’ knowledge, no study has used a large general population sample to estimate its prevalence. METHOD: The authors conducted a random sample, national household telephone survey in the spring and summer of 2004 and interviewed 2,513 adults. The interviews addressed buying attitudes and behaviors, their consequences, and the respondents’ financial and demographic data. The authors used a clinically validated screening instrument, the Compulsive Buying Scale, to classify respondents as either compulsive buyers or not. RESULTS: The rate of response was 56. 3%, which compares favorably with rates in federal national health surveys. The cooperation rate was 97. 6%. Respondents included a higher percentage of women and people ages 55 and older than the U. S. adult population. The estimated point prevalence of compulsive buying among respondents was 5. 8% (by gender: 6. 0% for women, 5. 5% for men). The gender-adjusted prevalence rate was 5. 8%. Compared with other respondents, compulsive buyers were younger, and a greater proportion reported incomes under $50,000. They exhibited more maladaptive responses on most consumer behavior measures and were more than four times less likely to pay off credit card balances in full. CONCLUSIONS: A study using clinically valid interviews is needed to evaluate these results. The emotional and functional toll of compulsive buying and the frequency of comorbid psychiatric disorders suggest that studies of treatments and social interventions are warranted Source: American Journal of Psychiatry: http://ajp. psychiatryonline. org/cgi/content/abstract/163/10/1806 How to cite The interviews addressed buying attitudes, Papers

The Los Angeles Philharmonic Orchestra-Free-Samples for Students

Questions: 1.What is the place of arts and culture in todays society? How does Deborah Borda address these issues through Cultural Entrepreneurship?2.How should Deborah Borda think about the balance of Audience Engagement and Community Engagement?3.What are the most appropriate Performance metrics for the LA Philharmonic Orchestra that Borda should use and why? Answers: 1 With the passages of the year, a significant change can be noticed and the tendency of the younger people with time and pace are changing (Bennett 2013). A depart can be well noticed when the young generation in todays world is changing its taste from the classical music to the modern day music which incorporates, pop, raps and other genre music. The younger generation generally visit less number of classical concerts that their generation who were interested in the classical music (Bennett 2013). Therefore, a cultural change cannot be rolled out and in order to make audiences younger is the procedures of bringing the cultural changes in the genre of the classical music. Debora Bordas career has been acknowledged by the creative way of leading, her concentration on coming up with innovative techniques and also looked forward to change the outlook of the orchestras in the era of 21st century (Bennett 2013). Deborah Borda is considered to the Chief Executive Officer of the Los Angeles Philharmonic, she was also successful in managing the biggest symphonic organization in the United States of America. In the year 2000, Borda gave new life to constructs the hall of Wall Disney Concert and worked on the scope of the presentation of the organization (Majno 2012; Bennett 2013). In the year 2009, Debora gained the attention of the world of Classical Music through the appointment of Gustavo Dudamel as the director of LA Philharmonic music. These accomplishments are linked to the prosperous business and education which Borda successfully developed after she arrive Los Angeles and has been acknowledged for orchestras restoring to an artistic health. The creativ e team of LA under Borda is being utilized through the collaboration of disciplines, continents and genres. Under Borda (Spitzer 2012; Peterson 2012). The LA continued the collaborations of the tradition of multidisciplinary field and this also incorporates the working of the video artists and also through the composition of music gives the entrance of the new ideas by waging online discussions. These are new strategies developed by Debora to advance the classical musics forum. In the year 2015, with the introduction of applications based on Orchestra VR and Van Beethoven were successfully garnered the attention of the international forum (Majno 2012; Seric et al 2012). 2.The Los Angeles was finding more ways to inculcate the new communities in the forum of Walt Disney Concert by organizing specific programs such as bringing new forms of music across the different genres having different cultural backgrounds which incorporate world, rock and jazz, new music and world music by having the intention of some of the people are attending these kind of concerts which are considered to be enough for the performance in Orchestra (Spitzer 2012; Peterson 2012). By producing a much varieties of genres of music for the variety of audiences inside the concert hall, an enhancement of the comfort in the surroundings for the audiences who are attending and these are the audiences who might go for to attend the performances in orchestra at the some point of time (Bridges and Bridges 2017). However meeting the target and retain the new audiences through the programming and festivals which also include the complexities in order to send numerous messages. Debora Borda was asked about the demographic move to the view of the retaining of the micro audiences (Hawthorne 2013). One of the greatest benefits of having Gustavo who is considered to be a great musician in the Latino Heritage and the way it links musically with the interest of the diverse communities in the place of LA. Gustavo is considered to be an eminent conductor who is indulged in commissioning new kinds of works. LA Philharmonic is being responsible for 400 decades of music; among them the majority has its root from Europe (Hawthorne 2013). Therefore in order to manage the large number of audience and communities, their taste and preferences are most importantly needs to be taken into account and the presence of good musician and director could help to manage and balance the audience taste by linking them wit h the modern diverse musical style in order to engage the community and make the audience entertain (Bridges and Bridges 2017). 3.Within 16 years, Debora Borda and her team made the LA Philharmonic from failure to success. She made the consolidation of the talent of the fine music in the room of orchestra and also Debora was successful in winning new talents and recruiting talented music directors. Dudamel had a position of celebrity that only a very few people in the world of classical music enjoyed (Chang et al 2015). Borda was quite successful in bringing a greater attention through the popular debut of the Walt Disney Concert hall which is regarded as the world class architecture. She also placed a bet which is of a longer term of the classical music through the robust program of education which is based on El Sistema (Chang et al 2015). However Debora Borda has to do many things yet. Debora needs to focus on the renewal of the base of the audience, even if she is looking forward to dilute the brand of LA Phil or even her resources of philanthropic suffers a major set back. Debora needs to decide her investment in Youth Orchestra Los Angeles and its need to expand its reach (Chang et al 2015). Borda at the same time, needs to manage with the restructuring of the subscription of the ticket sales without not disagreeing with her traditional base just to continue to engage the new audiences and a new audience demography in this orchestra when the LA Philharmonic launched the various digital innovations which would incorporate the young and new audiences also include a project as mentioned before is Orchestra VR which got awards. It is an experience which can be viewed through different headsets and this also in turn to reach the younger generation (Chang et al 2015; Peterson 2012). In this context Debora Borda has final ly thought of these types of efforts can be repeated and also an investment may occur with the less number of risks, then it becomes possible for the orchestra to find a connection with the sales of ticket. A new team of marketing moved the Los Angeles Philharmonic where the patrons can able to choose a range of concerts and also pay for it frankly for buying less than the same tickets individually. References Bennett, D.E., 2013.Understanding the classical music profession: The past, the present and strategies for the future. Ashgate Publishing, Ltd.. Bridges, W. and Bridges, S., 2017.Managing transitions: Making the most of change. Da Capo Press. Chang, W.J. and Wyszomirski, M., 2015. What is arts entrepreneurship? Tracking the development of its definition in scholarly journals.Artivate: A Journal of Entrepreneurship in the Arts,4(2), pp.11-31. Hawthorne, C., 2013. The Art of Patronage.ARCHITECT,102(4), pp.88-+. Majno, M., 2012. From the model of El Sistema in Venezuela to current applications: learning and integration through collective music education.Annals of the New York Academy of Sciences,1252(1), pp.56-64. Peterson, M., 2012.Sound, space, and the city: civic performance in downtown Los Angeles. University of Pennsylvania Press. Sertic, S., Pizzi, S., Lazzaro, F., Plevani, P. and Muzi-Falconi, M., 2012. NER and DDR: classical music with new instruments.Cell cycle,11(4), pp.668-674. Spitzer, J. ed., 2012.American orchestras in the nineteenth century. University of Chicago Press.