Essay 6 Best Things To See And Do In Argentina - 802 Words

6 Best Things to See and Do in Argentina in 2017 One of the best ways to learn languages is to go out and speak them. When you immerse yourself in the foreign language, you not only learn quicker but you also learn about the cultural references and nuances. Learning Spanish in the heart of Buenos Aires is a wonderful experience. But you don’t just have to stay in the capital city – Argentina offers plenty of places to see and activities you can do. Here are the six best things to see and do in Argentina in 2017. 1. Arganta del Diablo Argentina is full of stunning views and it’s these amazing sites you should visit in 2017. One of the most impressive landscapes to explore is the Arganta del Diablo, which essentially means the Devil’s†¦show more content†¦4. Catedral Metropolitana Argentina is deeply religious country and there are plenty of beautiful cathedrals to explore all across the country. One of the most impressive in terms of size and the architecture is the Catedral Metropolitana. The cathedral was built in 1827 and it houses the remains of Argentine Liberator General Jose de San Martin in the mausoleum. While the outside makes the building look more like a bank than a religious building, the inside of the building is full of stunning artwork and a somber atmosphere. The Catedral Metropolitana is located in Montserrat in Buenos Aires. 5. Palermo Soho If you like to explore the history of Buenos Aires, you should take a walk in Palermo Soho. The neighborhood is full of things to do and tasty treats to explore. You can also book guided tours and experiences in Palermo Soho. Our favorite is the Secret Steak Dinner because it allows you to indulge in a five-course meal. If you’d like something more active, hop on a bike and take the Parks and Plazas Bike Tour. You don’t, of course, have to do anything other than take a map with you and walk along the beautiful city streets – you’ll find plenty of places to visit and things to see even without a guide. 6. Palacio Barolo Palacio Barolo is a magnificent architectural wonder to explore. The building pays tribute to Dante Alighieri’s The Divine Comedy and it shows inShow MoreRelatedChevron Assignment1774 Words   |  8 PagesUnit Title: Communications in Business 100 Assessment: Critical Essay Company: Chevron Essay Title: An examination on performance of Chevron Corporation Student Name: Ludovic Lincoln Student Number: 14731271 Student E-mail: 14731271@student.curtin.edu.au Semester: 1 2012 Campus: Bentley Tutor’s Name: Alireza Faed Tutorial Day and Time: Friday 14h Society affected by the impact of Chevron Corporation on environment. Introduction: NowadaysRead MoreEssay on Can Managers Influence Their Organisations Culture?2843 Words   |  12 Pagesbehaviour in the wrong direction’. This essay will serve to explain to what extent management is able to alter, maintain or build the culture of its organisation, whether these effects span throughout the company and whether they will extend past the short-term. Culture is effectively, as Parker (2000) puts it, the anthropology of the organisation. The word itself, in essence, sums up the phrase ‘that’s the way things are done here’ (McNeal, 2007). For this essay, I will assume organisational cultureRead MoreMy Modern Hero1943 Words   |  8 PagesDavid Fowler Mr. VanDeventer World Literature A 13 October 2017 Modern Hero Essay In this world, there are many heroes living amongst us. They all look like regular, everyday people, but they are so much more than that. Even though they look normal, the things that they do for other people are extraordinary. 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For example, the saying, â€Å"You like a girl,† which indicates they are doing a poor job at their task. Since society views it that way; gay men that act girly are looked at with disgust, and most people tend to get freaked out by even the thought. Then the people who are for gays getting married usually argue about it not being a choice, the , and the it’s natural in the world. In this essay, I wi ll displayRead MoreSuggestive Solutions Guide to Past Exam Papers5119 Words   |  21 Pagesattempting such questions you might end up with a problem which is summarized by another wise saying 1 i.e. â€Å" The philosophers kick up the dusts and then complain that they cannot see†. So be rational and make your decision wisely in this regard. Finally, I hope my eï ¬â‚¬ort will not go in vain and I wish you all the best. cheers Dr. Nabin 2 MPE781 Economics for Managers, Exam, T3: 2010 DEAKIN UNIVERSITY FACULTY OF BUSINESS AND LAW MPE781 ECONOMICS FOR MANAGERS Trimester 3, 2010 (Duration ofRead MoreStrategic Management of Walmart3987 Words   |  16 Pages Lamine Introduction Wal-Mart is the largest private employer in the United States and the biggest retailer in the world. The company started in 1962 with only a small number of employees and has hugely grown since then. Throughout this essay we will analyse how a small family business managed to become the leading retailer in the world. We will start by critically comment on the organisational culture of Wal-Mart. We will then apply Porter’s 5 forces Framework to this company. We willRead MoreA Critical Review of â€Å"the Ambiguities of Football, Politics, Culture, and Social Transformation in Latin America† by Tamir Bar-on.14147 Words   |  57 Pagessoccer in Latin America? It is used by â€Å"various Latin American socio-economic elites in order to retard the acceleration of working class and popular discontent† (Bar-On 1997:1.8). Is it then not intriguing that women play no part in the scheme of things? I can immediately off the top of my head name at least 5 male professional soccer players†¦ and not a single female player. Tamir Bar-On discusses in detail the influence of soccer in Latin America in great detail, yet makes little reference toRead MoreHsbc Marketing Strategies10555 Words   |  43 PagesThe UK’s original provider of custom essays www.ukessays.com If you are using this resource in your work please remember to reference and cite the original work found here: http://www.ukessays.com/essays/business/marketing-strategies-hsbc.php Subject Area - Business HSBC Marketing Strategies. INTRODUCTION One of the largest banking and financial services organisation in the world is known as the HSBC Group. It has established businesses in Europe, the Asia-Pacific region, the Americas, the MiddleRead MoreForeign Direct Investment Disadvantages4797 Words   |  20 Pagesbaby with the bath-water, and make things worse. Some suggestions: 1) The present Agriculture Produce Market Committee (APMC) Act requires urgent revamp if we really want to help the rural and agricultural sectors with a better go to market scenario. This, along with rapid introduction of the goods and services tax (GST) as well as ease of inter- and intra-state movement of foodgrain, agri products and fresh produce, would do more to improve matters, as well as do wonders for our economy in a variety

Cultural Taboos The Japanese Culture - 996 Words

Cultural Taboos: The Japanese Culture. As human beings, we all have biases, it is a part of who we are. As a student going into human services it is my job to learn about some of the diverse cultures I will be encountering to hone my skills as a human service professional. In this paper I will be discussing some of the various aspects of the Japanese culture that will better help me understand my potential future clients, provide them with the best service possible, and do it all with the utmost respect. Japanese immigration happened largely in 1868 when the Japanese industrialized causing many to lose their jobs. With unemployment so high many fled to other countries such as America looking for employment opportunities. The Chinese†¦show more content†¦According to Brown Ju John Brown (pg 54) the Japanese are not a touch-oriented society or people. When they greet each other, they do not hug or have bodily embraces. In Japan when greeting someone it is common to bow. If the person you are greeting is of a higher social status than you are, you are supposed to bow deeper than the other person and for a longer amount of time. While not touch-oriented they will sometimes greet others with a handshake while still bowing. The bow is representative of saying hello, goodbye and is a way of showing respect. Whether my client is of Japanese orientation or another I would not attempt to hug my client. I would greet my client by saying hello and if they held out their hand for a hand shake I would shake their hand. I would also ask my client what they would be comfortable with on our first meeting. To help set up and understanding and comfort level for my client. (Ju Brown John Brown 2006, pg 54) Silence is used in the Japanese culture as a form of communication. As a human service professional, I might say something that my client my not agree with. Instead of verbally expressing their disagreement, the client might show their disagreement by frowning or even looking away. Staring at someone for a long time is not an acceptable behavior in the Japanese culture. Instead of holding constant eye contact with the client, I might implement a series of small glances to insure my client knows that I amShow MoreRelatedEssay on Case Study1146 Words   |  5 Pagesmisinterpretations are female-male interaction, respectfulness, attire, and language. Keywords: interview, respect, Japan, persuasion, taboos In scenario number two, Margaret Owens is getting ready to conduct interviews in order to find Japanese representatives to help her company market a line of pharmaceuticals in Japan. After having her interview with the Japanese representative she was pretty much flabbergasted with how the interview went. Even though each representative had remarkable academicRead MoreModern Culture : The Japanese Manga A Sub Culture Based Around Graphic Novels1606 Words   |  7 PagesIn Japanese modern culture, patriarchal constructs rule everyday ideology of what it is to be feminine, how the female body should look, and appropriate female sexual behaviour. Representations (and expectations) of the female form and sexuality are well depicted in the Japanese manga: graphic novel artwork that is read ubiquitously throughout Japan. Exploration of this art-form and the culture that grows around it provides a unique insight into current cultural attitudes in Japan. Shojo manga -Read MoreThe Metaphor O f Organizations As Culture, Ideology, And Ethos Of The American Commercial Markets886 Words   |  4 PagesMorgan used the metaphor organizations as culture to frame the complex relationships that exist within organizations. 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Moreover, Japan was part of the Axis powers during the war and gained worldwide attention when the island attacked Pearl Harbor, a United States NavalRead MoreThe Second Generation Asian Americans1034 Words   |  5 Pagesparents ever did and that caused a lot of concerns and tension between them and their parents. The Second Generation Asian Americans experienced tension between their parents with the emergence of the second generation, the influence of the American culture, creating their own paths and future, and the racial discrimination while growing up. The emergence of the second generation bloomed quickly and by 1930, 41% of the Chinese population in America was naturalized born citizens. 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Corporate Governance Risk Management System

Question: Discuss about theCorporate Governancefor Risk Management System. Answer: Risk Management obligations in Corporate Governance Code (Hong Kong): There are certain obligations on the part of the Board of a company or on the part of the risk management system as per the norms mentioned in the Corporate Governance Code in Appendix 14 (Hong Kong). According to Corporate Governance Code in Appendix 14, it is the responsibility of the Board to analyze and ascertain the characteristics of the risks that it desires to take. The scope and range of the risks have to be determined by the Board. The nature of the risk has to be analyzed by the Board with the aim of attaining the strategic objectives of the issuers (hkexgroup, 2016). The Board has to ensure that the company has effective system of control through implementation of the risk management system internally (kpmg, 2014). The responsibility of checking the design to be prepared by the management for implementation is levied on the management. The risk management and control system established internally have to be evaluated and regulated by the Board. The effectiveness of the ri sk management designs has to be confirmed to the Board by the risk management system. There risk management must also confirm that the system of control is effective and ready for handling the consequences of the risks (hkex, 2016). It is the duty of the board to verify the strength of the risk management effectiveness and the system of control established internally of the issuers. This review should take place on regular and continuous basis. The availability of the needful ingredients, competencies of the employees and other members of the companies, training and development programs, financial budgeting, auditing and functions of reporting must be confirmed. The changes and their impacts on the risks must be analyzed. The ability and the extent of risk management by the company have to be overviewed. The effectiveness of the communication in the management of risk must be regulated. Identification of the areas of failures must be assured for the improvements. The reporting of the financial aspects of the issuers must be accurate (kpmg, 2016). There must be a clear declaration of the process and the steps taken by the company to combat the strength of the risk management. The Board must acknowledge the duty of maintain effective risk management and control system within the organization. The review of the abilities of the system of internal control and management of risk must be confirmed. The responsibility of the functions of the risk management is imposed on the process that must ensure the eradication of any erroneous factor or existence of any loophole New Amendment will Change or Affect Corporate Governance in Listed Company in Hong Kong: These amendments would help the corporate governance in the listed companies in Hong Kong positively. The companies would be able to monitor the risks and the consequences of the same on the internal management. The control system could be more effective. The prediction of the risk could be done on realistic grounds. The risks would be handled in convenient ways. The codes should be observed by the management while undertaking the risk management activities. The INED should monitor the implementation of the risk management is being conducted as per the provisions of the codes (hkex, 2016). It is expected that the organizations in Honk Kong would be highly benefitted after the amendments of the codes. The Board must be able to understand the duties regarding the management of risk. The corporate governance could be effective and impacted positively with efficient practices of risk management. The Possible Impact of New Risk Management Obligations as an INED: As an INED in a listed company in Hong Kong, there are several roles and responsibilities to be carried out by an Independent Non-executive Director. The role is to participate in the board meetings, take active role in auditing issues if requested for intervention. There are various other roles of the INED of a listed organization in the Hong Kong. He is also supposed to take part in the Risk Management strategies and policies those are designed by the management(Hkex, 2016). However, the amendments to the Risk Management obligations in the Corporate Governance Code in Appendix 14 (Hong Kong), have called for review of certain strategies and policies related to the risk management plans of the organization. The Risk Management and Internal Control principle says that the board including the INED has the responsibility of analyzing and determining the types of risks according to their nature and extent. The INED should observe if the risk management strategies and principles are adhe red to(asiaasset, 2016). The board needs to supervise the management in respect of the planning, implementing and monitoring of risk management strategies and also the internal control systems. It is the duty of the management to share the confirmation of the risk management strategy effectiveness to the board including the INEDs of the company(McDowell, 2016). There are several codes of Risk Management those have been amended in the Appendix 14. The codes are the various criteria or factors those will set the boundaries for the risk management strategies of the company. The codes clearly set the guidelines for the executive and the non-executive directors of a listed company in Hong Kong (Mondovisione, 2016). These revised codes need to be observed by the directors of the company and also the management and ensure that those are implemented successfully within the organization to adhere to the risk management principles in a legal and ethical perspective (GovHK, 2016). Conclusion: The entire report deals with the obligations of risk management in corporate governance code in Appendix 14 based on Hong Kong. The influence of the new changes and additions on the companies that are listed in Hong King is also discussed. There could be impacts of amended risk management obligations. The ideal scenario for an INED will be to observe the following provisions are adhered to in the risk management strategies of the organization diligently. The board including the INEDs should ensure that the risk management and also the internal control systems of the issuer are being adequately adhered to and observed. There is also need to monitor if the risk management and the internal control systems of the subsidiaries (if any) of the company have been conducted for at least once in a year and make such disclosure to the shareholders in the Corporate Governance Report published by the company. The review should include the various domains such as material control, operational, com pliance and financial controls. The annual review of the board requires that the resources are adequate, the staffs are sufficiently qualified and experienced, there has been training programs and proper budgeting of the accounting of the issuer. The directors should also ensure that the internal audit and the financial reporting have been undertaken diligently and ethically. The annual review of the board should include the changes those have been made since the last conducted annual review regarding the type and extent of the probable risks. The board should disclose in the Corporate Governance Report that it has acquired the confirmation of the management about the issuers risk management and internal control systems effectiveness. The board should also disclose any particular area of concern about the risk management strategies in the Corporate Governance Report. These new risk management guidelines need to be observed by the INED and ensure that the new amendments are being observed meticulously by the employees of the organization and the management adheres to the principles and guidelines as per the Corporate Governance Code in Appendix 14. From the report it could be concluded that the corporate governance is an impor tant aspect of the management of the company and it should be observed meticulously in order to grow and sustain. References: asiaasset (2016) HKEX introduces risk management system for its derivatives market, [Online], Available: https://www.asiaasset.com/news/HKEXptrm_dm2504_FS.aspx [27 October 2016]. GovHK (2016) HKEx Listing, Regulation Risk Management unit, [Online], Available: https://www.info.gov.hk/info/pennystock/annex4.7.pdf [27 October 2016]. hkex (2016) en-rules.hkex, january, [Online], Available: https://en-rules.hkex.com.hk/en/display/display.html?rbid=4476element_id=5034 [27 October 2016]. hkex (2016) hkex, 1 june, [Online], Available: https://sc.hkex.com.hk/gb/www.hkexgroup.com/corporate-governance/corporate-governance-framework/corporate-governance-practices/accountability-and-audit/risk-management-and-internal-control/assessment-of-risk-management-and-internal-control-effectiveness?sc. Hkex (2016) Risk Management, [Online], Available: https://www.hkex.com.hk/eng/market/rm/RM_IndexPage.htm [27 October 2016]. hkexgroup (2016) hkexgroup, 29 aprol, [Online], Available: https://www.hkexgroup.com/Corporate-Governance/Corporate-Governance-Framework/Corporate-Governance-Practices/Accountability-and-Audit/Risk-management-and-internal-control/Key-Control-Procedures?sc_lang=en. kpmg (2014) kpmg, december, [Online], Available: https://www.kpmg.com/CO/es/IssuesAndInsights/ArticlesPublications/Documents/HKEx-Consultation-Conclusions-on-Risk-Management-and-Internal-Control-201412.pdf [27 October 2016]. kpmg (2016) kpmg, august, [Online], Available: https://assets.kpmg.com/content/dam/kpmg/cn/pdf/en/2016/08/companies-responding-code-requirements-v1.pdf [27 October 2016]. McDowell, H. (2016) HKEX launches risk management system for derivatives, [Online], Available: https://www.thetradenews.com/Asset-Classes/Derivatives/HKEX-launches-risk-management-system-for-derivatives/ [27 October 2016]. Mondovisione (2016) HKEX Rolls Out Risk Management System For Its Derivatives, [Online], Available: https://www.mondovisione.com/media-and-resources/news/hkex-rolls-out-risk-management-system-for-its-derivatives-market/ [27 October 2016].

What is Bimanual Coordination free essay sample

An examination of bimanual coordination and the suggestion that it is the result of a complex set of neurological events which can be enhanced under the proper learning conditions. In this paper the author takes an in-depth look at bimanual coordination and assess the extent to which hands can move in a synchronous manner and, conversely, the extent to which they can be uncoupled according to task demands. The author attempts to discover whether bimanual coordination is the product of learning or a physical process. From the paper: Human movement is composed of a large number of components, which include neurons, muscles, and joints. Past studies on bimanual coordination have revealed a general preference to move the limbs in a symmetrical fashion, also denoted as in the in-phase mode. Its counterpart, the asymmetrical or anti-phase mode, is performed with lower degrees of accuracy and stability. This tendency to activate the homologous muscle groups is referred to as the muscle grouping constraint (egocentric constraint). We will write a custom essay sample on What is Bimanual Coordination? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page

Ethics and Decision Making Essay Example

Ethics and Decision Making Essay CHAPTER I WHAT IS ETHICS? Each society form a set of rules that establishes the boundaries of general accepted behavior. These rules are often expressed in statements about how people should behave, and they fit together to form the MORAL CODE by which a society lives. The term MORALITY refers to a social conventions about right and wrong that are so widely shared that they become the basis for an established consensus. DEFINITION OF ETHICS: ETHICS – is a set of beliefs about right and wrong behavior within a society. Ethical behavior conforms to generally accepted norms-many of which are almost universal. VIRTUES – are habits that incline people to do what is acceptable. VICES – a re habits if Unacceptable behavior. THE IMPORTANCE OF INTEGRITY: Your moral principles are statements of what you believe to be rules of right conduct. A person who acts with integrity acts in accordance with a personal code of principles. One of the cornerstones of Ethical behavior- is to extend to all people the same respect and consideration that you expect to receive from others. THE DIFFERENCE BETWEEN MORALS, ETHICS, AND LAWS MORAL’s are one’s personal beliefs about right and wrong while the term ETHICS describes standards or codes of behavior expected of an individual by a group to which an individual belongs. LAW is a system of rules that tell us what we can and cannot do. ETHICS IN THE BUSINESS WORLD Ethics has risen to the top of the business agenda because the risks associated w ith inappropriate behavior have increased, both in their likelihood and in their potential negative impact. Several trends have increased the likelihood of unethical behavior. 1st- greater globalization nd – in today’s necessionary economic climate, organizations are extremely challenge to maintain profits. WHY FOSTERING GOOD BUSINESS ETHICS IS IMPORTANT 1. Gaining the good will of the community. 2. Creating an organization that operates consistently. 3. Fostering good business practices. 4. Protecting the organization and its employees from legal action. 5. Avoiding unfavorable publicity. GAINING THE GOOD WILL OF THE COMMUNITY Although organization exist primarily to earn profits or provide services to customers, they also have some fundamental responsibilities in a formal statement of their company’s principles or beliefs. We will write a custom essay sample on Ethics and Decision Making specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Ethics and Decision Making specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Ethics and Decision Making specifically for you FOR ONLY $16.38 $13.9/page Hire Writer CREATING AN ORGANIZATION THAT OPERATES CONSISTENTLY Organizations develop and abide by values to create an organizational culture and to define a consistent approach for dealing with the needs of their stakeholders, employees, customers, suppliers and the community. Many companies share the following values: †¢Operate with honesty and integrity †¢Operate according to standards of ethical conduct, in words and action †¢Treat colleagues, customers, and consumers with respect †¢Strive to be the best at what matters most to the organization †¢Value diversity †¢Make decisions based on facts and principles Protecting the Organization and it’s Employees from Legal Action In a 1909 ruling the U. S. Supreme Court established that an employer can be held responsible for the acts of it’s employees even if the employees act in a manner contrary to corporate policy and their employer’s directions. Avoiding Unfavorable Publicity The public reputation of a company strongly influences the value of its stock, how consumer regard it’s product and services, the degree of oversight it receive from the government agencies, and the amount support and cooperation it receives business partners. Fostering Good business practices In many cases, good ethics can mean good business and improved profits. Companies that produce safe and effective products avoid costly recalls and lawsuits. Companies that provide excellent service retain their customers instead of losing them to competitors. Improving Corporate Ethics Only one in four organizations has s well-implemented ethics and compliance program. Characteristics of a successful ethics program; †¢Employees are willing to seek advice about ethics issues †¢Employees feel prepared to handle situation could read to misconduct †¢Employees are for ethical behave Employees feel positively about their company Appointing a Corporate Ethics Officer Provides an organization with vision and leadership in the are of business conduct. Organization send a clear message to employees about the importance of ethics and compliance in their decision about who will be in charge of the effort an to whom that individual will report. Specific responsibilities include; †¢Responsibility for compliance- that is ensuring the ethical procedures are put into place and consistently adhered to throughout the organization. †¢Responsibility to creating and maintaining the ethics culture that the highest level of corporate authority. Responsibility for being a key knowledge and contact person on issues relating to corporate ethics and principles. Ethical Standard set by Board of Directors The board of directors is responsible for the careful and responsible management of an organization. The board fulfills some of it’s responsibilities directly and assign others to various committees. Establishing a Corporate Code of Ethics A code ethics is a statements that highlights the organization key ethical issues and identifies the overarching values and principles that are important to the organization and its decision making. Example; Intel Conducting Social Audits An organization reviews how well it is meeting its ethical and social responsibility, goals, and communicates its new goal for the upcoming year. Requiring Employees to take Ethics Training Today, most psychologists agree that the ancient Greek philosophers believed that personal conviction about right and wrong behavior could be improved through education. Lawrence Kohlberg, the late Harvard psychologist, found that many factors stimulate person’s moral development, but one of the most areas is education. Creating an Ethical Work Environment Most employees want to perform their jobs successfully and ethically but good employer sometime make bad ethical choices. Including Ethical Consideration in Decision Making Develop a Problem Statement A problem statement is a clear, concise description of the issue that needs to be addressed. One must gather and analyze facts to develop a good problem statement. Seek information and opinions from a variety of people to broaden your frame of reference. Identify Alternatives The stage of decision making, it is ideal to enlist the help of others, including stakeholders to identify several alternatives solutions to the problem. During brainstorming process tries not to be critical of ideas. Evaluate and Choose Alternatives Evaluating based on numerous criteria such as effectiveness at addressing the issue, the extent of risk associated with each alternatives cost, and time implementation. The alternative selected should be ethically and legally defensible: be consistent with the organization’s policies and codes of ethics; take into account the impact on others; and, of course provide a good solution to the problem. Four common approaches to ethical decision making Approach dealing to moral issues : Principles Virtue ethics approach the ethical choice best reflects moral virtues in yourself and in your community. Utilitarian Approach the ethical choice produce the greatest excess of the benefits over harm. Fairness Approach the ethical choice treats everyone the same and shows no favor or discrimination. Common Good Approach the ethical choice advances the common goods. Virtue Ethics Approach The virtue ethics approach to decision making focuses on how you should behave and think about relationship if you are concerned with your daily life I a community. It can also be applied to the business world by equating the virtues of a good businessperson. Utilitarian Approach The utilitarian approach to the ethical decision making states that you should choose the action or the policy that has the best overall consequences for all the people who are directly or indirectly affected. Fairness Approach The fairness approach focuses o how fairly and policies distribute benefits and burdens among all people affected by the decision. Common Good Approach The common good approach to decision making is based on a vision of society as a community whose member work together to achieve a common set of values and goals. Implement Decision Once the alternatives are selected, it should be implemented in an efficient, effective and timely manner. Evaluate the Results Monitor the results to see if the desire effect was achieved, and observed the impact on the organization and the various stakeholders.

Feasibility Study Makeup Research Paper Example

Feasibility Study Makeup Research Paper Example Feasibility Study Makeup Paper Feasibility Study Makeup Paper CHAPTER I THE PROBLEM AND ITS SETTING Makeup is hugely versatile, not only in terms of colors and products, but also in terms of how it is worn. While some wear make-up to create a large and dramatic appearance, others will wear make-up more subtly. Make-up can be worn in a wide variety of situations, ranging from work, events, nights out, and even just round the house if you so desire. As a result of such diversity, the make-up industry is massive, meaning that everybody should be able to find products that they would want to wear and be seen sporting. The use of cosmetics is not latest trend, it has its roots deep within the annals of history, the cosmetic industry, which started glowing in the early 1990s, is expanding exponentially. With more women and men becoming conscious and willing to spend on their appearance, this industry has been growing at 20-25 percent the last few years. Not only have more people started using cosmetics, they are also willing to pay more to look and feel good. The penetration rate is becoming higher than expected, this not only means that consumers are willing to spend extra bit to look and feel good, but also indicates that constant up gradation from mass to premium products. The increase of media exposure, the willingness to spend more on personal care, consciousness about looks and advertisements and promoting targeting various consumer segments are some reasons for their trends in consumption and penetration. : In a place like Cabanatuan City where a lot of institutions such as schools, hospitals, parlors and business establishments are located, there is a high possibility that the business will be successful or profitable because of the greater number of employees who visits and go to the location of the business to buy this kind of product. ? Statement of the Problem This study aimed at determining the feasibility and viability of establishing â€Å"Make Up Hub† business in N. E. Pacific Mall, Cabanatuan City. It sought answers to the following questions: 1. What marketing strategies could be taken into consideration to ensure the success of the proposed business? Who will be its target market? 2. What technical requirements should the management implement in order to make the business more competitive? 3. What form of organizational set up could be best adopted to put up such project? What are the qualifications of its personnel? 4. How much capital is needed to finance the business? Who are the sources of funds? 5. What are the potential problems that might be encountered by the business? What are the possible solutions of those problems? 6. What are the socio – economic benefits that can be derived from this proposed business? ? Significance of the Study The result of this study will be beneficial to the following: The Researchers. This study will serve as a basis for developing new opportunities for the future. It will provide them with useful insights in the various aspects of the project feasibility study. The Future Researchers. The information will be useful as a tool or as a reference material in doing similar study in the future. The Potential Investors. To those who would like to engage in this business, this study will serve as a guide for they since it will provide them concrete guidelines on how to start a business. The Government. This study intended to sell products that will definitely give an increase on growth of our economic structure. If pushed through with this project, it would generate income and employment to the city of Cabanatuan. ? Scope and Limitation of the Study This study focuses on the viability of establishing a Make Up Hub at NE Pacific Mall Cabanatuan City, Nueva Ecija. The proposed business is concerned in selling most up-to-date make-up styles and trends. The product will depend on the quality, design and cost-efficiency. It includes an evaluation of the project in terms of different aspects of business: The marketing, technical, management and financial aspects. Definition of Terms Some terms are hereby defined by the researchers for better understanding of the research study. Blemish. It is a mark or imperfection that spoils the appearance of something. Blemish Remover. It is a cream that hides skin blemishes to make it look flawless. Blusher. It is a Makeup used on the face and especially on the cheekbones to give a usually rosy tint. Concealer. It is a facial cosmetic used to cover blemished skin. Cosmetics. This is a powder, lotion, lipstick, rouge, or other preparation for beautifying the face, skin, hair, nails, etc. Eye Shadow. It is a cosmetic available in various colors or tints and applied especially to the eyelids to enhance the eyes. Eye Shadow Base. This is also known as an eye shadow primer, it is type of cosmetic product that is applied to the eyelids before eye shadow. Eyebrow Pencils. It is makeup provided by a cosmetic pencil that is used to darken the eyebrows. Foundation. This is a type of makeup which is spread over the skin of the face, usually before other makeup is put on, giving it a better and more even color and hiding unwanted marks. Hub. It is a center of activity or interest or business. Lip Gloss. This is a type of cosmetic product applied to the lips to make them appear shinier and smoother. Lip Pencil. It is a type of colored pencil hat many people use for lining the border of their lips when applying makeup. It is typically put on before lipstick and may make it easier for some people to apply their lipstick evenly. Lipstick. This is a waxy solid usually colored cosmetic in stick form for the lips. Makeup. It is a facial cosmetic as an eye shadow or lipstick. Mascara. It is a type of cosmetic applied to the eyelashes. It serves to thicken and define the eyelashes and may also color, lengthen, or curl them, depending upon the type. It’s usually sold as a liquid cosmetic in a tube and applied with a round brush called a wand. Moisturizers. It is a complex mixtures of chemical agents specially designed to make the external layers of the skin to make it softer and smooth. Primer. It is a cream or lotion applied before another cosmetic to improve coverage and lengthen the amount of time the cosmetic lasts on the face. Unguent. It is a salve for soothing or healing; an ointment, lotion, cream or balm. Vanity. It is inflated pride in oneself or one’s appearance: conceit, such as a vain person. CHAPTER II REVIEW OF RELATED LITERATURE AND STUDIES This chapter presents some literature and studies which are relevant to the present and provided the researchers some insight that helped in accomplishing this study. Foreign Literature The origin of make-up dates back to 3100 BC, during the 1st Egyptian Dynasty. Unguent, a substance used to prevent the skin from drying up due to heat and to avoid wrinkles, was extensively used by people of both genders during that era. The women of Egypt were known to apply kohl to their eyes to give them a smoky look. Antimony or soot was usually used to make kohl. The use of cosmetics and make up was found among Romans also. They grew popular approximately around the middle of 1st century AD. Kohl was now used by Romans too. The cheeks were decorated with rouge. You would be amazed to know that people used to take good care of their teeth along with their skin. For cleaning teeth, Romans used pumice. Henna dyes were used by Persian women for darkening their hair. Pale skin became very popular during the European time. A lot of women used harmful substances to achieve a pale look, which in turn spoiled their skin to a large extent. During the Renaissance period of Italy, women started using lead paint in order to lighten their skin, which in fact proved damaging. Due to the damaging effect, makeup was criticized during the time of Elizabeth I. Cosmetics came to be seen as a threat and people started avoiding them. Except for prostitutes who donned themselves with heavy makeup, people usually shied away from it. The French loved to adorn their lips with red lipsticks, and wore rouge on their cheeks. Though earlier it was repulsed by other countries, eventually it trickled down to other parts of the world also. A lot of people started using herbal products to make cosmetics and makeup. Herbs, flower extracts, vegetable extracts, strawberries, brandy, spring water etc were widely used. Unfortunately pale complexion was still considered royal and so the efforts of most women were directed towards achieving skin lightness. The use of whiteners and blemish removers proved fatal at times. One of the most lethal products was white lead, which not only caused harm to the skin cells but also led to hair loss and stomach problems. The irony is that, in spite of knowing the harm they are causing to their body, women continued using dangerous cosmetics like white lead for the face, belladonna for the eyes, and even mercury and nitric acid. Shockingly enough, coal tar was used to dye hair. Even today a lot of people use harmful cosmetics, though thankfully the focus is shifting towards safer products. Foreign Study (Kim Carollo) According to Kim Carollo in Oct. 4, 2011 in his study entitled: â€Å"Makeup Makes Women Seem More Competent†, wearing makeup has a significant impact on how people perceive women, making women seem more attractive, competent, likable and trustworthy, according to new research published this week. Researchers at Procter Gamble, Massachusetts General Hospital, Harvard Medical School, Boston University and the Dana-Farber Cancer Institute showed study participants photos of women either wearing no makeup or wearing one of three different cosmetic looks – natural, professional or glamorous. In the first study, subjects were first shown images of women, who were of different ages and ethnicities, for 250 milliseconds. In a second study, a different set of study subjects looked at the same photos for an unlimited amount of time so they could carefully inspect each face. Study participants then rated the women in terms of competence, likability, attractiveness and trustworthiness. â€Å"We found that when faces were shown very quickly, all ratings went up with cosmetics in all different looks,† said Nancy Etcoff, lead author and associate researcher at Massachusetts General Hospital. The women were judged as more competent, likable, attractive and trustworthy. † But when subjects had the chance to examine photos for a longer period of time, the same perceptions didn’t carry over. â€Å"When they got to the more dramatic makeup looks, people saw them as equally likable and much more attractive and competent, but less trustworthy,† Etcoff said. â⠂¬Å"Dramatic makeup was no longer an advantage compared to when people saw the photos very quickly. † Etcoff said the study findings should serve as a message to women that cosmetics could have an impact on how people perceive them in ways beyond physical attractiveness. In situations where a perceiver is under a high cognitive load or under time pressure, he or she is more likely to rely on such automatic judgments for decision-making,† the authors wrote. â€Å"Facial images appear on ballots, job applications, web sites and dating sites. † Local Literature First, makeup serves to enhance what’s already there. I never cease to be amazed at how just the littlest amount of mascara (one of the two items I am never without, the other being lip balm) make my eyes stand out just a tad bit better, or how a swirl or two of blush makes me look more awake and alive even after a late night out. Makeup takes what Mother Nature gave you and works with it so that you look like a better, more polished version of yourself. Second, makeup is one of the many ways by which I can express myself. At work, my looks tend to be more sedate, although I do a smoky eye every now and then just to liven things up a bit. However, when I go out with family and friends, I tend to favor more colorful combinations (purple and plum shadows with teal eyeliner, you get the picture). And while we’re on the topic of self-expression, I might as well say that I have a lot of respect for those artists and enthusiasts who are able to come up with avant grade looks (i. e. makeup that you wouldn’t really wear to work or any other real-life situation, unless you’re a runway model). Makeup is an art form, after all, with creativity and imagination setting the limits. Third, you can work with as few or as many products as you desire or feel comfortable with. Sometimes when I do makeup on myself or on other people, I find that I will use four or five eye shadows to achieve the effect I want (and that’s just the eyes). However, if for you a made-up face consists of using only concealer, powder, and lipstick, that’s fine, too. If there’s one thing I’ve realized over the years, it’s that there is no fixed rule on the number of products you â€Å"need†. Magazines and websites can go on and on about how a product like, let’s say eyeliner, is essential to anyone’s arsenal. But if you know that you’re not going to use it, why buy yourself a tube? In the end, it’s about using products that work for you and your lifestyle. It’s about creating a look for yourself that makes your day just that wee bit brighter, your stride a bit more confident. Local Study (codenameaya) Giveaway: Make your skin care wish come true with HBC by codenameaya posted July 2, 2012. Why do you wear makeup? Well, let me tell you why I do. I believe that makeup can do wonders. Wearing makeup makes me feel better about myself. It’s my confidence-booster. Call me vain but of course I want to look good in front of other people, and makeup can help me achieve just that. Now the next question that arises is this: Why is there a need for me to wear makeup? My skin is far from perfect. I have already told you my skin history when I posted about my *skin care routine* (which needs updating, btw) before. I had a lot of pimples during my late elementary and early high school days, and that made me feel really insecure about my face. Then after what felt like forever, thanks to the different products I used, the pimples started disappearing and my face started clearing up. Now, these are some of my main skin concerns: uneven skin tone, oiliness, redness esp. around the nose area, blemishes here and there. This is why I like to wear makeup. It temporarily addresses my skin concerns. Emphasis on temporarily, i’ve come to realize that although makeup does well in concealing my imperfections, I still should not forget to take care of my skin. I should be doing something to keep my skin clear and healthy and not just be covering it up with thick layers of foundation all the time. I can’t just wear makeup every time, you know. Sino ba naman ang hindi gusto ng super gandang skin, na parang naka-makeup ka na kahit wala ka namin makeup? There are now so many products out there that can help us take better care of our skin. We just need to be careful in choosing which ones to use. We first have to know what we need to fix for us to know how to fix it. Justification of the Study The researchers worked hard to search for any available material to support and establish the foundation of this study. This proposed study entitled â€Å"Make Up Hub† business in N. E. Pacific Mall, Cabanatuan City is an original work of the present researchers and is considered to be the first study of its kind conducted in Cabanatuan City, Nueva Ecija. According to the data gathered by the researchers, no similar study was found available. Therefore, the researchers concluded that this study as an original one. CHAPTER III RESEARCH METHODOLOGY This chapter presents the research methodology, used by the researchers, the procedure in gathering data as well as the sources where the data and information were taken from. Method of Research Used The researchers utilized descriptive method in this study. It is a fact finding with adequate interpretation. Gay (1976) defines the descriptive research as involving collection of data in order to test or to answer questions concerning the current status of the subject of the study. Research Locale The researchers will conduct their feasibility study in NE Pacific Mall, Cabanatuan City, Nueva Ecija. Data Gathering Procedures The researchers used the following technique to ensure the reliability of facts as presented in this study: Documentary Analysis. Is a social research method and is an important research tool in its own right and is an invaluable part of most schemes of triangulation Observation. The researchers used this method to observe the location site of the proposed study, visited some of the business establishments and tried to observe the characteristics of the target market. Interview. It will provide the researchers the necessary facts needed in the pursuit in the search of the project under study. Proponents will be able to gather information regarding in the establishment of the proposed business by conducting interviews in a more or less informal conversation so as not to intimidate the interviewee. Survey. The researchers asked people about existing prices, conditions and processes. They performed market survey to find out the kind of makeup people buy. It helps in determining factors that affect the buying habit of the buyer as well as pricing of the product. Statistical Treatment of data Sampling Technique. The researchers used Slovene’s formula and convenience sampling. Convenience sampling is used in explanatory research where the researcher is interested in getting an inexpensive approximation of the truth. Formula: N = N 1+Ne2 Where: n = is the sample size N = is the total population E = is the margin of error Financial Treatment of Data In determining the feasibility and viability of the proposed business, various tools will be adapted. 1. Payback Period This is the length of time required by the project to return the initial cost of investment. It emphasizes managements concern with liquidity and the need to minimize risks through a rapid recovery of the initial investment. Formula: Payback Period = ____Net Investment_____ Ave. Annual Cash Flow 2. Return on Assets It is a useful tool for monitoring both the result of operation and efficiency of asset management. ROI is probably the most common measure used to evaluate the performance. Formula: Return on Investment = ___Net Income___ Total Assets 3. Net Present Value It represents the ratio of the net income over the initial investment of the proposed project. It will be used to determine how much returns would be generated by the investments of the owner of the project based on net profits. Formula: ARR = Average Annual Net Income x100% Investment

What Make You Change Your Life Direction My Way Of Developement Essay

What Make You Change Your Life Direction My Way Of Developement - Essay Example It is irrefutable that our actions and decisions are largely influenced by our passions and motivations which, in turn, are developed through our experience. At one point in my life, I have seen how certain circumstances significantly shape my viewpoint and interest. I have learned that external factors do not necessarily change me but only reveals a part of me which I was never aware before. As a young child, I have always been interested in extending my knowledge and skills to other people through teaching. Recognizing that the new era emphasizes the integration of nations into a single global village with English as the primary language, I have been instilled with the determination and courage to cross the cultural and geographical barrier in order to pursue a TEFL (Teach English as Foreign Language) certification in the United States via the UCI Extension Program. I have originally planned to use the knowledge that I have acquired from the program in South Korea and this means establishing my own language institute. Thus, after getting a TEFL certificate in the summer of 2004, I also enrolled in Business Administration certificate program in order to furnish me with the skills necessary in running a business organization. After the program, I am blessed enough to be granted an internship at Merill-Lynch and this experience does not only enable me apply the theories an d knowledge I have gained from my business administration program in the real world but has become the major turning point of my life. My experience at Merill-Lynch has exposed me to finance and management, two disciplines where I have inclinations with. My rationale in taking the internship is to gain a deeper understanding of investment. I am particularly interested on how different investments generate returns to their investors. As an intern, I have been given the responsibility of updating and organizing earnings estimate data. Aside from providing me with knowledge about investment, this task has also exposed me to the intricate and complicated relationship between the different factors in the economy. My internship with Merill-Lynch has bestowed me a fascination of economics as well as its interrelation with the business arena. It is often incomprehensible how a single factor like the interest rate can bring huge repercussions in the whole economy, and how business organizations formulate their responses taking into account these developments. My internship has confirmed my innate passion and inclination on business and economics. My colleagues have been amazed by my unusual aptitude in these disciplines given the limited education and experience I have in these fields. My internship at Merill-Lynch has motivated me to further enhance my strength and competencies in the fields of economics and business management. I strongly feel that my career goal will be centered in creating a career path within these disciplines. After my internship, I have enrolled in microeconomics and macroeconomic classes. I also hope to gain a deeper understanding about international economics and trade considering the rapid elimination of trade borders among economies through the establishment of trade unions and free trade zones. I believe that our directions, illustrated by Newton's first law of motion, are truly the products and by-products of various external forces. However, I also believe that these external forces will only change our paths but will fail to completely change our interests. In my experience, external forces enable me to recognize and develop the strengths and skills which I fail to enhance. My passion for teaching has never wavered and I still want to extend the knowledge and skills that I have. However, I am also very passionate about reaching my full potential