Living A Better Life Essay - 1683 Words

Living a better life. Immigration has always been an issue in the United States. There are many people who immigrate to the United States illegally because of issues that they face in their home countries. There are about 11 million undocumented immigrants in the U.S (Rodriguez 10).In order to gain citizenship is takes a lot of time and it also cost a lot of money; Most come illegally because they do not have the money to pay for a citizenship. Many people say they do not want immigrants to enter the United States because they see them as criminals. They see them as criminals because they came illegally, but that is not always true. It is just a stereotype that people put on them. What most people don’t know is that most of the young adults that are illegal were brought by their parents so that they could experience the American dream. Everyone should have an equal opportunity to live the American dream whether they came here illegally or legally. Undocumented people would be a great asset to our country because they are willing to work hard labor jobs that most Americans do not want, they come here for a better life and better opportunities, and they pay taxes which make the U.S more money just like everyone else and they bring different cultures to the U.S. It is obvious that in order to provide for oneself and a family one has to work. No one really likes to work jobs that are considered hard labor because it takes a toll on a person. Hard labor jobs would beShow MoreRelatedEssay on Living Life in a Better, Healthier Way1772 Words   |  8 Pagesshould be one’s priority as it plays a crucial role in one’s life. Health is the one factor that determine and guarantee people abilities to do work, chores, and to complete every activity in life. From this, we can how important and how much health serve to human. Without proper and good health care, people will likely fall sick which causing them to become less productive in life and making th em unable to perform their daily activities. Living a healthy lifestyle is very important due to the increaseRead MoreAdvantages And Disadvantages Of Living In The City And Urban Life758 Words   |  4 Pageshas considered whether a living environment is a city or a country. Some people like city life, and some enjoy the rural life more. Rural and urban life are different. They all have their advantages. The most suitable place is the best, depending on what kind of life people want. In urban life, people living more convenient, more job opportunities and medical development. People living in the cities which is enjoy more a better life. This is suitable for some peoples living standards and requirementsRead MoreCountry Better Than City961 Words   |  4 PagesCountry Life is better than City Life City life and country life are very different to each other. The bustling city is alive with people and activities, whereas the country is relaxed and quiet; but which is better? I strongly think that life in the country beats the city by far because of the better environment and friendlier community. The tranquil setting of the country is definitely superior compared to urban life, and is really appealing to everyone. Firstly, the environmentRead MoreMass Migration to America During the 19th Century693 Words   |  3 Pagesindustrialisation and employment and living standards, and thus many migrants traveled to America with the hope of a better life. By saying that the reasons for the mass migration are primarily due to industrialisation and employment and living standards, it is important to emphasize that the migrants’ destination of America was better than remaining in their origin country. With all of this considered, this essay will examine the roles of industrialisation and employment and living standard in the decisionRead MoreEssay about Clancy of the Overflow695 Words   |  3 Pageswhich is better than his city life. In this poem Banjo uses a variety of poetic devices to get his message across like the use of suggestive language, descriptive language and imagery. Banjo uses suggestive language to make the reader realise that country life is much better than city life where it is crowded and dirty. This becomes evident where the speaker says â€Å"As the stock are slowly stringing, Clancy rides behind them singing, for the drovers life has pleasuresRead MoreDoes Better Education Necessarily Lead to a Better Standard of Living?1279 Words   |  6 Pagesorder to understand if better education leads to a better standard of living, we have to first note that a better standard of living means an improved condition of which people live by, indicated by factors such as increased literacy rates, mortality rates and –perhaps, a better education – referred to as better educational qualifications in the form of training, certification or knowledge. Hence, we see that education has become necessary in order to alleviate our living standards and the key toRead MoreDoes Better Education Necessarily Lead to a Better Standard o f Living?1271 Words   |  6 Pagesorder to understand if better education leads to a better standard of living, we have to first note that a better standard of living means an improved condition of which people live by, indicated by factors such as increased literacy rates, mortality rates and –perhaps, a better education – referred to as better educational qualifications in the form of training, certification or knowledge. Hence, we see that education has become necessary in order to alleviate our living standards and the key toRead MoreEssay on Incorporating Adventure in Your Life771 Words   |  4 Pages A person must always choose between living their life accustomed to settling for less or actually living their lives the way they want to. We suffer from the fear of missing out on life experiences and in the end all we really want is to be happy of the life we chose to live. The willingness to take an adventure can range for example someone quitting their job th at they hate and going after for the job they actually want. A second type of adventure can be a little bigger than that like actuallyRead MoreJames Truslow Adams And The American Dream1371 Words   |  6 Pagessupported the idea that all American citizens are able to obtain a better life than they are currently living; however, that idea is continuously changing and many interpret their own dream in different ways. James Truslow Adams, an American author and historian, coined the term â€Å"American Dream† in his book, The Epic of America, published in 1931. Adams once described the American Dream as a, â€Å"†¦dream of a land in which life should be better and richer and fuller for everyone...† (Adams). Even thoughRead MoreGdp and the Standards of Living752 Words   |  4 PagesStandards of living can be evaluated by the measure of GDP, level of inflation, net exports and fiscal balance. Evaluation by using the GDP as an indicator would be relevant as it reflects the total national economic activity and the level of wealth of the society. GDP per capita is adjusted for the size of the economy in terms differences in price levels and also population of the country. There are many factors that would affect the standard of living in a country. Some that cannot be measured

Civil War - 1284 Words

American Civil War Milan Patel The journal paper discusses the problems faced by Abraham Lincoln and Jefferson Davis that contributed to civil war in their respective states. It analyses the contribution of each person in the American civil war. The achievements of both commanders will also be discussed together with their weaknesses. Introduction A civil war involves the conflict between different groups in the same state. The main objectives of the civil war are the intention of one group to exercise control over the other group or to need to amend some government policies, which are unfavorable to them. Each occurrence of civil war is associated with a particular commander who is responsible for initiating the war. Main Text Abraham†¦show more content†¦Slaves in the south explained the declaration as an act to compromise their life’s because the promise to freed slaves in the south did not rejoin the already split Union. The civil war had massive effects on the communities at the south and north. The war marked a major turning point in the economy of United States. Starting with the northern state, slavery was abolished and the citizens gained more recognition from the government. Many slaves who were uneducated, unemployed and homeless were liberated and they lived lives that are more comfortable. The north had more dominance in power with its military troop attaining more recognition in the federal union. The north also experienced rapid expansion of its economy with the development of the industrial, railroads and the agricultural sectors. During the period of the civil war, there was booming of businesses leading to increased profits (O Brien Patrick, 46). The end of the war did not lead to slow growth in the north as cities like Chicago became very industrialized. The general rise in the American economy after the civil war was tremendous. This was associated with the federal government control by the northern republicans. In the south, most of the effects were negative to the society. However, the abolishment of slavery wasShow MoreRelatedThe War Of The Civil War921 Words   |  4 PagesThere are no doubts that acts of war can have a negative impact on the individuals involved. There are countless stories of the soldiers’ experiences in the war, and how it affected their lives, families, and attitudes. However, there is a large demographic that is hardly accounted for: children, specifically during the Civil War era. Understanding the children that lived in the time of the Civil War is important because it affected their future careers, shaped their attitudes towards race, and affectedRead MoreThe War Of The Civil War964 Words   |  4 Pageswasn’t one sole cause of the Civil War but there were many events that took the country to war and put brother against brother and states against states. Abraham Lincoln wanted to preserve the union and that could only be attained by civil war. Sla very which was an underlying cause for the war played its role in the division that divided the North against the South. Ultimately the preservation of the union, slavery and the consequences and conflicts leading to the Civil War all rested on President Lincoln’sRead MoreThe War Of The Civil War1522 Words   |  7 PagesCosts The war produced about 1,030,000 casualties, including about 620,000 soldier deaths—two-thirds by disease, and 50,000 civilians. The war accounted for roughly as many American deaths as all American deaths in other U.S. wars combined. Based on 1860 census figures, 8% of all white males aged 13 to 43 died in the war, including 6% in the North and 18% in the South. Union army dead, amounting to 15% of the over two million who served, was broken down as follows: Notably, their mortality rateRead MoreThe War Of The Civil War777 Words   |  4 PagesThe widespread violence that turned into the Civil War began with the election of 1860. Abraham Lincoln won the election of 1860 without a single vote from the states below the Ohio River. South Carolina was the first state to respond to Lincoln’s election. On December 20, 1680, South Carolina seceded from the Union. South Carolina was the first of the â€Å"Original Seven† who seceded from the Union, including Mississippi, Florida, Alabama, Georgia, Louisiana, and Texas. This became known as â€Å"secessionRead MoreThe War Of The Civil War1039 Words   |  5 PagesThe civil war is by far the bloodiest war in American history. In the four deadly years of war, over six-hundred thousand Americans were killed. Many disputes that led to the civil war. These conflicts started under Presiden t James Buchanan who was a Democrat elected in the election of 1856. The issue of slavery, states’ rights, the abolitionist movement, the Southern secession, the raid on Harper’s Ferry, the election of Abraham Lincoln all contributed to the start of the civil war. The civil warRead MoreThe War Of The Civil War Essay1444 Words   |  6 PagesThe story of this outlaw originated during the Civil War years, April 12,1861-May 9, 1865. The War were the rich sat and watched, while the poor died. A War that wanted to keep black people as slaves permanently by the South (Confederates). Newton Knight quickly grew unhappy with the situation that the people of Jones County, where he was originally from were in. He also did not approved of slavery at all. Newt was the Outlaw who freed Jones County s people, whites and blacks alike when they mostRead MoreThe War Of The Civil War1284 Words   |  6 PagesEnglish 30 January 2015 The Civil War There are many facts most people generally do not know about the Civil War, so much research is needed to improve one’s knowledge about the Civil War. Authors such as: Robert G. Lambert, Rustle B. Olwell, and Kay A. Chick were all helpful in this research. Many people think that everyone on the Union side of the war believed that blacks should be equal to whites. Most people also think that everyone on the Confederate side of the war believed in slavery. SomeRead MoreThe War Of The Civil War1723 Words   |  7 PagesThe Civil War is by far the bloodiest war in American history. In the four deadly years of war, over six-hundred thousand Americans were killed. Many disputes that led to the civil war. These conflicts started even before the presidency of James Buchanan, who was a Democrat elected in the election of 1856. The issue of slavery, states’ rights, the abolitionist movement, the Southern secession, the raid on Harper’s Ferry, the election of Abraham Linc oln all contributed to the start of the Civil WarRead MoreThe War Of The Civil War Essay944 Words   |  4 Pages The War of Succession, universally known as the Civil War, was a war unlike any other. According to the Civil War Trust, â€Å" it was the most immensely colossal and most destructive conflict in the Western world between the cessation of the Napoleonic Wars in 1815 and the onset of World War I in 1914.† It commenced when the Confederate army assailed Fort Sumter on April 12, 1861. The Civil War was a rigorously catastrophic event for both the North and the South. About 360,000 of the Union’s men wereRead MoreThe War Of The Civil War1704 Words   |  7 Pagesof thousands of Americans volunteered to fight in the Civil War, also known as the First Modern War. The main causes of this war were the economic and social differences between the North and the South. These differences led to other fundamental issues such as slavery and its abolition. In addition to that as the war was coming to its end, federal authorities found themselves presiding over the transition from sla very to freedom.After the war, there was a 12-year period best known as the Reconstruction

Music Piracy Should be Illegal - 644 Words

Many people are in discord with the polemical statement, music piracy should be legalised. It is a topic that provokes arguments, as some believe that it should be free and accessible whereas others believe that it should be paid for and should remain illegitimate. Music piracy is the act of illegally downloading music for free, bilking sites such as iTunes and iMesh that lawfully sell music to millions of people worldwide. It is one of the most frequently committed crimes. According to an article in the newspaper ‘The Guardian’ in 2009, ninety-five per cent of music available online is downloaded illegally with no payments made to the artist and over 40 billion files were illegally shared in 2008. It may be a free service but is it ethical? Is it something that society should continue to do or something that should be discouraged? The downloading of songs using the Internet is a large source of income for musicians. Without this, they would not be earning as much as they currently are. If artists begin to lose money to pay record labels and advertisers, loyal fans end up paying more money to help support their favourite artists. It can be argued that many renowned and creditable musicians earn the majority of their money from t ours and concerts rather than sales. However, there are also an abundant number of musicians who have neither the money nor the fame to go on tour. Therefore, if the revenue from sales is taken away from them, they could be left impecunious andShow MoreRelatedPiracy, The Intellectual Property Rights Of The Recording Industry Association Of America1285 Words   |  6 Pages 1 Piracy is defined as illegally acquiring a private property, in this case, music, without paying for it. Piracy, therefore, violates the intellectual property rights of the recording companies, together called Recording Industry Association of America (RIAA). The intellectual property right being violated at hand is the copyright laws that the RIAA have. The biggest problem that the RIAA has with this violation is that they believe their sales are declining because of piracy. In fact, theRead MoreIfsm 304 A11344 Words   |  6 PagesSOFTWARE PIRACY IFSM 304 Abstract In the various media industries there are extreme worries concerning unauthorized downloading and copying of their products known as piracy. Piracy of items has been part of commerce for centuries; counterfeiting of currency for example. With the information age the ease at which media can be pirated has caused an explosion of this phenomenon. This practice is an illegal act that is done by individuals for personal use and also for profit. The first doRead MoreThe Digital Music Industry Is Forever Evolving999 Words   |  4 PagesThe digital music industry is forever evolving. The problem of piracy has been created when people began to illegally download music. Music should not be pirated. Piracy can be partially reduced by using various advertising messages encouraging students not to pirate. Music producers should be a given the right to their music. Producers and advertising agencies can work hand in hand to fight the battle of music piracy. The majority of college students may see music piracy as nothing but a way toRead MoreEssay about The Impact of Music Piracy1144 Words   |  5 PagesThe Impact of Music Piracy According to the Recording Industry of America (RIAA) the record industry loses $4.3 billion dollars, worldwide, due to music piracy (RIAA, 2003). The American Federation of Artists claims that on-line music piracy has caused some record store sales to drop by 20% and that 20.6 billion illegal downloads occur every month (AFM, 2004). Many experts believe that music piracy is currently the number one threat to the music industry. RIAA sources claim 278 million peopleRead MoreThe Most Overlooked Crime: Piracy Essay882 Words   |  4 Pages Internet piracy is not a victimless crime. Piracy is a term used to describe the illegal downloading of music, movies, games, and even software online. Although many people don’t feel that piracy is a crime that affects anybody, it really does. People pirate stuff online because it is free and does not require one to run to a store to get their product. People that pirate these things don’t think of the repercussions that go along wit h it. You can have to serve up to 10 years in prison, and payRead MoreSerious Problem of Music and Movie Piracy Essay823 Words   |  4 PagesMovies and music Piracy Piracy became a very serious problem that is facing a lot of people and mostly those who make living or make out profit out of things that could be illegally stolen and published for free. Internet made it so easy to people to get the products and services that they should be paying for in an unethical way so they won’t pay for it but still get them for free , a lot of people wonder why would they pay money on a product while they can have it for free ? and this is why aRead MorePiracy And Its Effects On Online Piracy1630 Words   |  7 Pages â€Æ' IV. Piracy its Effects: Online piracy is another substantial type of a cybercrime. With rapid developments to technology, piracy has become easier and more widespread. Piracy, the act of pirating, is defined as the illegal reproduction, via copying or counterfeiting, of any type of work which includes: software, recordings, or even motion pictures. Although are many ways to pirate material, online piracy is most common. Online piracy uses the internet, and computer technology to illegally reproduceRead More The Growing Problem of Music Piracy Essay1254 Words   |  6 PagesThe Growing Problem of Music Piracy    At the turn of the millenium, the music industry has been faced with an unforeseen phenomenon that has affected its very foundation - mass scale music piracy. The decline of CD sales in the past three years have been blamed on the availability of songs that can be downloaded from Internet sites and service providers like Napster, KaZaA and Morpheus free of charge. Today the issue of intellectual copyright infringement in music has been taken more seriouslyRead MoreThe Corruption of Downloading Music832 Words   |  3 PagesDigitally illegal music file sharing is now mainstream. But should it be legal to those who have broken the law against the music industry and its artists? More specifically by RIAA the criminal can be charged by up to five years of jail time and fines up to $250,000. Some people agree that music files should be digitally shared, so everyone can have easy access to their favorite music without spending a substantial amount of money. But not everyone agrees with this idea. Some people believe thatRead MoreMusic Piracy And Piracy1426 Words   |  6 Pagestoday’s world of conflict and international tension, music can aid to bring people together. This generation enjoys access to extensive communication with people around the world, through calls, text messages, and social media. Social media especially plays a vital role in bringing people from all parts of the world together over common interests and beliefs. Music is playing a major role in the unity of people through social media (Lachman, 2014). Music is often shared through Twitter, Instagram, Facebook

The Four Key Ideas Entrepreneurs Essay - 1564 Words

Introduction: Entrepreneurship is a frame of mind set with which dreams, the desire to achieve and passion for innovation, all combine to embody what it means to be an entrepreneur (Busenitz et al., 2003). Entrepreneurs are habitually opportunistic when seeking prospective opportunities; therefore it is crucial that entrepreneurs should abide by four key ideas when seeking opportunities. The four key ideas entrepreneurs need to embody when seeking opportunities are, denoting the entrepreneurial mind-set, innovation, Passion, leadership and creating economic value. Through the understanding of these key ideas entrepreneurs will be able to seek out opportunities and have a better chance of becoming a successful entrepreneur. Through analysis of articles and journals a comprehensive evaluation can be used to establish why these are the four key ideas entrepreneurs should have. Through entrepreneurs such as Richard Branson, Steve Jobs, Dr. Sangeeta Bhatia and Bill Gates, we can see the entrepreneurs s uccess can be attributed to one of the key ideas that entrepreneurs should keep in mind when opportunity seeking. The Entrepreneurial Mind-Set Denoting the entrepreneurial mind-set is a key idea which is assigning different values to resources and opportunities than ordinary people. Entrepreneurship is about identifying opportunities and having the ability to pursue in an attempt to ‘make something better’ or innovate (Ma Tan, 2006). The entrepreneurial perspective needs to beShow MoreRelatedThe Following Seven Key Lessons Are To Help Any Beginner1618 Words   |  7 PagesThe following seven key lessons are to help any beginner entrepreneur strive for success with a little more ease than as if they were to tackle it without any guidance. This book will focus on seven key lessons to becoming a successful entrepreneur as well as examples of entrepreneurs that have become successful either following these methods or creating their own pathway through the battle of entrepreneurship. To become and entrepreneur there are the lessons, the theories, the playbook that existsRead More21200 Words   |  5 Pagesï » ¿ CHApter1 2.What key insights does the GEM study provide us about entrepreneurship?      Of particular interest to GEM is early stage entrepreneurial activity, which consists of businesses that are just being started and businesses that have been in existence for less than three and one-half years. While the high rates of entrepreneurial start-up activities occur in low-income countries, where good jobs are not plentiful such as brazil, china, Argentina. Low rates occur in high-income countries,Read MoreStrategic Issues in Entreprenuerial Ventures1565 Words   |  7 Pagesseparates the entrepreneur from the small-business owner.† B. The Entrepreneur as a Strategic Manager Often defined as a person who organizes and manages a business undertaking and who assumes risk for the sake of a profit, the entrepreneur is the ultimate strategic manager. He or she makes all the strategic and operational decisions. All three levels of strategy – corporate, business, and functional – are the concerns of the founder and owner-manager of the company. As one entrepreneur puts itRead MoreEntrepreneurship Is A Nature Or Nurture Process Essay1468 Words   |  6 Pagesdefined. As it is a multi-faceted field that spans across a wide range of contexts, there is no agreed definition of entrepreneurship (Schaper, 2014). For the context of this essay, however, it is a process that brings together a team- with a leading entrepreneur-, an opportunity, the right resources, an organisation, and an appropriate environment (Massey, 2011; Schaper, 2014). This essay argues why such a process is not defined by the actions or characteristics of just one individual. Fir stly, entrepreneurialRead MoreThe Entrepreneurial Process1267 Words   |  6 PagesEntrepreneurship in health Care The Entrepreneurial Process Many successful entrepreneurs tend to follow a process to develop their businesses. This process contains four stages toward achieving their dreams. The processes are identifying an opportunity, developing a business plan, assessing the need for resources, and finally developing a management program designed to achieve success. The entrepreneur must develop an understanding of this process as an important step. Developing an understandingRead MoreEntrepreneurial process paper1422 Words   |  6 Pagesa process to follow when taking an idea that will later mold into a productive entity. Using a chisel a sculptor would go from a piece of wood to a beautiful finished product, using different techniques. Such is in the entrepreneurship world; ideas must be transformed using a particular process. This paper will look into the organization of planning, launching and building a venture. It is otherwise referred to as the entrepreneurial process. Describe the four steps of the entrepreneurial process Read MoreTraits of Successful Women Entrepreneurs.1259 Words   |  6 PagesIt is general belief in our society that role of women is restricted in four walls of home or for mainly household activities. Economy of any country can’t boom without contributing women. The growing industrialization, urbanization and social legislation and with the spread of education and awareness women have shifted from kitchen to higher level of professional activities. Today’s women are taking more and more professional and technical degrees to cope up with market need.The position of womenRead MoreEntrepreneurship Is The Process Of Starting A Business Or Other Organization1136 Words   |  5 Pagesother organization. The entrepreneur develops a business model, acquires the human and other required resources, and is fully responsible for its success or failure. Entrepreneurship operates within an entrepreneurship environment. The word entrepreneur is French and, literally translated, means â€Å"between-taker† or â€Å"go-between.† The definition of entrepreneurship has evolved over time as the world’s economy has changed as well. In 1934, Schumpeter defined the entrepreneur as â€Å"an innovator who developsRead MoreThe Legal Issues For Technologists1639 Words   |  7 Pagesthe real world. While I did have some general ideas about various concepts and topics covered in this class. Much previous knowledge was very non-specific and I had many gaps in my understanding. In classes taught by Lucy Qiu, I have learned the incredibly intricate, and often tedious nature of entrepreneurial finance. Aram Chavez has taught me the value of marketing, the power of the cult, and brought insight into the dealings that an entrepreneur might encounter throughout their Aha to Exit journeyRead MoreOverview Of Schumpeter Denoted Entrepreneur As An Essential Element For The Economic Growth And Entrepreneurial Process1339 Words   |  6 PagesSchumpeter denoted entrepreneur as a key in the economic growth and entrepreneurial process as a prime element in the progress and advancement of economy. Again he stated that entrepreneurship is an essential element for the development of any economy and economic and political framework condition would not affect the growth. The benefits due to entrepreneurship to community will be greater in those economies where entrepreneurs have flexibility to operate, to expand their ideas, and to obliterate

Analysis of Marketing Plan of La Trobe Management Online

Question: Describe about the Analysis of Marketing Plan of La Trobe for Management Online. Answer: Introduction The following report contains analysis of marketing plan of newly launched and commercialized marketing program of La Trobe Masters in Management course. This program is a masters course of management that is being offered by La Trobe University. This product enables students and prospects to access classes and consultation online through a well developed module. The product has been developed as a result of increasing demand for convenience and flexible mode of learning from the Australia and offshore post graduates students. This has been driven by advancement in technology from the past few years. This report will involve a comprehensive analysis of situation, customers, competitiveness, marketing objectives, marketing strategies and the marketing Ps in the marketing plan of La Trobe University masters of management online. The report also discusses the current issues that may affect the program and outlines recommendations for improving the marketing plan. Background Context La Trobe University is a public research institute that was established in 1964. The university has 36000 students. The university has over 7000 international students from different parts of the world. The main campus has 26000 students at Melbourne. The remaining 7500 students are hosted by the other six campuses in the country (La Trobe, 2016). The university has had a culture of bringing higher education to students who might otherwise not have a chance to have it. Therefore the University has continuously focused on future to offer online courses to widespread students willing to study with La Trobe University. The University launches online courses to suite diverse student need with desire to offer real world experience that give a global perspective and a society that take knowledge to the next level. The University has a mission is to serve the society of Victoria for the purpose for higher education, economic, social and cultural benefit of Australian and international communities. This is to be done through access to quality higher education to this disadvantaged in the societies. (La Trobe Act, 2009). The University envisions that it will be different in pursuit of world class research that makes difference in the worlds most pressing issues. La Trobe is to be a social inclusion place that will be globally recognized for excellence. Industry Context La Trobe University is offering a managerial course on online platform. The product is in the education industry meant for advancing leadership skills from the undergraduate level. The industry on online platform is a developing one though the traditional industry has existed for years. The studies remain the same with the online platform developed to enhance accessibility, flexibility and convenience. Students are not required to be around the school premises to access classes, library or tutorials. Rather, they are able to access these services from whenever they are and are only required to login in their portals. The industry is a developing industry that has attracted most of higher learning institution in Australia and around the world. Improvement and advancement of technology has enabled development of the online learning products (Online Education Degrees Booming, 2012). Each institution has a role to position itself in a manner that it will be able to attract both Australian and international students to enroll in their program. Therefore, it a competitive industry that require good marketing planning in order to reach, persuade and convince targeted students to enroll. Situation Analysis The organization product is a masters degree in management. La Trobe University offers the Masters degree in an online interface that allows students to access classes, library and tutorials using their smart phones or computers. The degree allows the student to develop knowledge in management or leadership. The student is equipped with tools and skills important to manage companies, government and non-profit making organizations. The University program targets all the graduates willing to study online. It qualification is an undergraduate degree from Australian university or an equivalent international qualification. The program also allows individuals with prior learning and experience in their professional to enroll for the course. Therefore, the product target markets are all graduates from Australian universities who are more the one million per year and international scholars around the world (Maria, 2016). The online platform has gained popularity in the past years. 87% of the Universities in Australia have access to internet. 70% of Australia universities have enables students to access online services and information away from universities. It estimated that 90% of the Australian universities allow students to browse for material online. From a survey carried out by Australia.edu, it showed that there were 207 courses offered online. The program was offered by 23 universities in the county. It showed that 31% of the online courses were exclusively with internet interaction only. It also noted that 90% of the total courses offered online were post graduate studies (Australia.edu, 2016). According to ICEF monitor, the online education market grew by 20% in Australia for the past 5 years. The market is estimated to grow to million in the next 10 years. Therefore, it can be established that the online educational product are on rise with increasing demand and competition as universities adopt this form of learning. The major players in Australia offering an online Masters in Management are; University of southern Queensland- Master of Management The University of Notre Dame Australia offering masters in Business Leadership Macquarie University- Masters of management The market leaders in the online course are Seeking Learning, open Universities Australia and Kaplan. Macro factors that will present opportunities for the Product; Advancement in Technologies: An improvement of gadgets and internet access will create more connections and accessibility of these two important requirements for an online learning program. Advancements in technology will enhance the interface between the scholar and the product offered by the institution. Target Customers The institution target customers for the online Masters degree are individuals willing to continue their studies without leaving their job due to personal reason. It focuses on graduates who are working and cannot quit their jobs for studies. Therefore, the program enables the student to multitask by learning during their free time and comfort. These customers have fixed schedules to afford to attend a lecture in the institution premises. The organization target groups are individuals who can afford internet and gadgets that can be used for learning process. The product also requires individuals with self discipline to can self manage themselves and follow instructions under no or little supervision. Customers targeted by this service have a need for knowledge and skill in management or leadership. Customers are in need of sharpening of their skills to improve their businesses or assume a leadership role in an organization (Network, 2016). Therefore, the online Masters degree will satisfy their need for better performance in the leadership responsibilities in their respective jobs. Competitiveness La Trobe University is operating in a very competitive environment. The market has several institutions offering the same course. La Trobe is operating in an industry where the institutions that have specialized on the serve before it launched it service. The organization masters degree in Management is accessed in the same way like that of its competitors. The difference is the charges and support given by the institution. La Trobe has adopted a distinct culture from the beginning and is evident in the operation the newly launched program of Masters in Management. The institution offers an interactive service that is supportive to student and also the charges are different from that of the competitors. The industry has few limitations to entry. Other higher level education institutions can venture into offering Online Masters degree in the future. Therefore it with great importance that the organization establishes it brand appropriately that it continues to grow and increase the market share. Marketing Objectives The marketing plan objective of La Trobe Online program was to inform and grow market share of the service in the industry. The marketing objectives were specific, attainable, realistic and measurable. This will enable continues popularity of the program. This will make the program effective as it will be able to attain the predetermined objectives. Marketing Strategies Target Markets: The strategy chosen in the marketing plan of La Trobe University is multiple segments. This strategy will enable the newly launched program have a widespread customers. Individuals across all courses provided that are graduates from Australian universities or equivalent from other countries. Multiple-segmentation gives them a wider target of the prospect students to enroll for the course. It is noted that La Trobe Online Masters in Management is seeking to attract scholars in different disciplinary as far as they are in need of knowledge and skills for leading their businesses or assuming a leadership position in an organization. The design for online masters in Management is not specific nor does it require special qualifications. Therefore, a multiple-segmentation for targeting markets is appropriate for its ability to get more prospects to the program. A niche is not important in this case. The organization is in need of kicking off and requires as many scholars enrolling as possible. Therefore, separating the market and focusing on an individual niche will serve to the disadvantage of the organization. Product The product is designed to offer foundation knowledge for leadership. The package allows the student to attain knowledge and skills important in running an organization. The program allows the student study management in broad or can specialize with entrepreneurship and innovation or project management. The package design also allowed to on campus students but permits only 25% online for these students. This restriction is outlined by ESOS on domestic and foreign students. The organizations student requirement for enrolling is an Australian degree or any international equivalent. It also requires an IELTS score of 6.5 for international students in English. The IELTS for student from Australia is 6.0. Then the institution requires personal statement stating the student education background. This is followed by a resume from the applicant. Therefore, it can be seen that the application process is easy and requires achievable past requirements. The program will cost AU$24730 for 120 per 120 credit points for students in Australia and New Zealand. While the cost for international student is AU$28460 for 120 credit points. The Brand The online Masters in Management will be marketed the La Trobe umbrella. This will establish the brand for the course in the target audience (Hamer, 2011). The La Trobe brand will be used to offer associate to the online Masters in Management brand to increase confidence and awareness of the course. This enables the newly launched program to be adopted by targeted audience. The established brand of La Trobe University of doing thing differently will fasten the adoption phase of the new course (Rungie and Laurent, 2005). For instance, students and former student will approve the course confidence basing their judgment of the course on the previous courses they undertook from the university and give it the same rate. Therefore, the course promoted under the University umbrella brand will give the course a new edge of marketing making it easy to penetrate the market in Australia, New Zealand and the rest of the world. The online masters in management will use the universitys colors, design and symbols. This will promote the brand in the market by distinguishing it from it competitors. These colors, design and symbols will also enable consumers to different the product in the market. These features will enable online Masters in Managements be distinct and unique under the brand features of parent established brand. The newly launched online Masters in Management will use the Parent university slogan of doing everything differently. This will incorporate the culture of the parent school to the new course (Chawla et al., 1999). Therefore, the targeted audience will receive the information about the newly launched course with the perception that the quality and support services are the same to that of the La Trobe University. Price The La Trobe online Masters in Management program is priced at AU$24730 for 120 credit points. Each subject is priced approximately at AU$3557.50. These are the prices for Australian and New Zealand students. La Trobe has priced the course higher for international students at AU$28460 per 120 points and each subject is priced at AU$3557.50. Therefore, La Trobe complete price is AU$49460 for Australians students and A$56920 for international students. In order to analyze the appropriateness and competitiveness of the La Trobe price, comparison to it two competitors are discussed. For instance, Macquarie University price for online masters in management is AU$ 41000 in one year. For University of Southern Queensland Australia, they charge AU$ 31680 to complete the program for two years (Masterstudies.com, 2016). Therefore, it can be said that the prices of La Trobe are slightly higher than that of their competitor. This price is can be perceived by potential targeted customers as price for quality. High prices are associated with quality and therefore, the program of Online Masters in Management offered will regarded as of high quality relative to that of its competitors. Other Issues in the marketing plan of La Trobe online Masters in Management Flexibility: The course it portrayed as a flexible program that a student has an option to enroll with more than four intakes in a year. This is different from it competitor who have one or two intakes in a year. Requirements for entry: La Trobe online Masters in Management does not limit students to pursue the course on the bases of the course they studied on undergraduate level. This is different to other competitors who require the student to have taken a business related course in order to qualify for their online Masters Management course. Conclusion From the analysis in this report, La Trobe Online Masters in Management course is a timely product to be launched at the time. This has been driven by advancement of technology and improvement of services through internet. Consumers have changed their preferences to services valuing convenience, flexibility and adaptability. La Trobe Marketing program has a role to inform, persuade and convince target consumers for the new product launched by the university. It has been established that the design of the course itself gives them a competitive advantage to the organization to be able compete with its competitors. Therefore, it can be summarized that the La Trobe Online Masters in Management course launch in the market is a timely product due to the increasing demand among Australians and international students. The marketing program is effective and the product success in the market is expected due to strong branding and adaptability of the product in the market. Recommendations From the analysis above, the following is recommended; The promotional activities should be aggressive the first three months. This will create awareness of the masses that a new program has been launched. Internet marketing is highly recommendable. The marketing program should focus on internet marketing through social media and high traffic websites. This will have a wide range of audiences reached by the promotional message. References Australia.edu. (2016). An Overview of Online Education in Australia, Online Courses, Services, Universities. [online] Available at: https://www.australia.edu/admissions/Online-Education/ [Accessed 11 Oct. 2016]. Chawla, S., Ellis, J., Saluja, A. and Smith, M. (1999). Global perceptions of online advertising. Services Marketing Quarterly, 19(1), pp.91-98. Concise encyclopedia of professional services marketing. (2009). Choice Reviews Online, 47(01), pp.47-0040-47-0040. El-Gohary, H., OLeary, S. and Radway, P. (2012). Investigating the Impact of Entrepreneurship Online Teaching on Science and Technology Degrees on Students Attitudes in Developing Economies. International Journal of Online Marketing, 2(1), pp.25-37. Farese, L., Kimbrell, G. and Woloszyk, C. (2009). Marketing essentials. Woodland Hills, Calif.: Glencoe/McGraw-Hill. Hamer, L. (2011). Reducing Online Buyers' Perceptions of Risk: A Study of Online Auctions. Services Marketing Quarterly, 32(2), pp.83-95. Handbook of services marketing management. (2000). Choice Reviews Online, 37(10), pp.37-5764-37-5764. Kotler, P. and Armstrong, G. (2006). Principles of marketing. Upper Saddle River, N.J.: Pearson Prentice Hall. Leo, J. (1982). Competitive strategy: Techniques for analysing industries and competitors. Industrial Marketing Management, 11(4), pp.318-319. Lovelock, C. and Wright, L. (2002). Principles of service marketing and management. Upper Saddle River, N.J.: Prentice Hall. Maria, J. (2016). La Trobe University - Melbourne - Australia - DistanceLearningPortal.com. [online] Distancelearningportal.com. Available at: https://www.distancelearningportal.com/universities/11313/la-trobe-university.html [Accessed 11 Oct. 2016]. La Trobe, U. (2016). Master of Management Online. [online] Latrobe.edu.au. Available at: https://www.latrobe.edu.au/online/master-management [Accessed 11 Oct. 2016]. Masterstudies.com. (2016). Master of Management, North Ryde, Australia 2016/2017. [online] Available at: https://www.masterstudies.com/Master-of-Management/Australia/Macquarie-University/ [Accessed 11 Oct. 2016]. Masterstudies.com. (2016). Master of Management, Springfield, Australia. Online Master! 2016/2017. [online] Available at: https://www.masterstudies.com/Master-of-Management/Australia/USQ-Australia/ [Accessed 11 Oct. 2016]. November, P. (1984). Practical marketing in Australia. Brisbane: John Wiley Sons. Network, A. (2016). Student Numbers at Australian Universities | AustralianUniversities.com.au. [online] Australianuniversities.com.au. Available at: https://www.australianuniversities.com.au/directory/student-numbers/ [Accessed 11 Oct. 2016]. Online Education Degrees Booming. (2012). Phi Delta Kappan, 94(3), pp.6-7. Robinson, K. (2003). La Trobe University, Melbourne, Victoria. Health Information Management Journal, 31(4), pp.16-17. Rungie, C. and Laurent, G. (2005). Repeated Binary Logit: Analysing Variation in Behavioural Loyalty. Australasian Marketing Journal (AMJ), 13(2), pp.27-36. Stair, L. and Stair, L. (2009). Careers in marketing. New York: McGraw-Hill. Technology-Driven Online Marketing Performance Measurement:. (2014). International Journal of Online Marketing, 4(4), pp.0-0. University, L. (2016). Master of Management. [online] Latrobe.edu.au. Available at: https://www.latrobe.edu.au/courses/feature/business-and-commerce/master-of-management [Accessed 11 Oct. 2016].

The effects of the global financial crisis - Myassignmenthelp.Com

Question: Discuss about The effects of the global financial crisis. Answer: Introduction: The assessment mainly helps in identifying the causes of financial crises, which liquidated the financial sector and negatively hampered growth. The possibility of second financial crises is also evaluated, which might hamper financial sector of the world. Furthermore, the impact of financial crisis on the relevant counties is also evaluated with specific focus on Nepal. Moreover, this helps in depicting the problems, which was faced by the organisations in different counties regarding valuation in the financial market. Lastly, the overall proposed reforms that was used in controlling the financial crises is adequately depicted in the assessment. Discussing the possible causes of the financial crises: The financial crisis was one of the major drawback in the current financial sector of the world, which increased insolvency condition of many companies. The financial crisis of 2008 was subject to different causes, which are depicted as follows. Deregulation: The major deregulation of Glass Steagall Act of 1933 mainly allowed the bank in US to use deposits to invest in derivatives. This major change in the regulation was mainly conducted to support banks in increasing their competiveness among foreign firms. The second major regulation was Commodity Futures Modernization Act, which mainly exempted credit default swaps and other derivatives from regulations. Both the deregulations mainly allowed banks to acquire additional risks and use the capital market as gambling for increasing their results from investment (Admati and Hellwig 2014). Furthermore, these measure mainly allowed banks to increase their risk talking ability, while raising their chance to become insolvent. Securitization: The securitization of funds, mortgage backed securities, collateralized debt obligation and other derivatives are mainly used by banks to hedge their funds. The financial product such as Mortgage backed securities are mainly used as a collateral, which allowed banks to generate the required capital to continue their operations. This Mortgage backed securities were mainly traded by banks in the secondary market, which helped in improving their cash flow. The Mortgage backed securities mainly have bundles of mortgage with lot of securities, which are backed by credit rating. The use of credit default swaps allowed investors to reduce risk, which was supported by AIG insurance company (Allayannis et al. 2017). These MBS and CDS mainly increased the overall problem for investors, as default in mortgage increased. The default rate of borrowers mainly increased, which reduced the returns from securities. These overall decline in repayment increased risk and hampered profit generation capac ity of investors. Growth of subprime mortgages: The third main reason behind the augmentation of the financial crises was the growth in subprime mortgages. These relevant increment was mainly conducted after the enforcement of Financial Institutions Reform Recovery and Enforcement Act, which allowed fulfilment of Community Reinvestment Act. This mainly allowed the banks to eliminate redlines in poor neighbourhoods, which in turn increased growth prospect of banks. The announcement of George Bush in fulfilling the American dream of a house was mainly fulfilled by Fannie Mae and Freddie Mac, who directly supported banks with the required capital and sold the mortgages in secondary market (Amies, Munford and Sutton 2017). Fannie Mae and Freddie Mac reassured banks that they would securitise the subprime loans, which led to the pull factor complementing the push factor of CRA. This mainly reduced restrictions of the banks in accumulating the overall loans from different borrowers. However, the growth in subprime loans negatively affec ted growth prospects and laid foundation of financial the crisis. Fed raised rates on subprime mortgages: Lastly, the increment in FED rates on subprime mortgages mainly forced borrowers to default due to rising interest rate. The FED from 2000 mainly declined interest rate, which reduced the overall payments conducted by borrowers. This overall reduced payment mainly increased the number of borrowers, who could take loans from banks. These low interest payments motivated borrowers to accumulate more loans and increase their assets. FED mainly increased the overall interest rates in 2004, which resulted in high repayments of interest that was conducted by borrowers. This high repayment amount mainly raised the overall problems of the borrowers and led to defaults. The increment in number defaults mainly increased the risk in Subprime mortgages, which was conducted by banks (Amiraslani et al. 2017). Therefore, in 2007 due to the augmentation of financial crises, FED reduced interest rate from 5.25% to 4% for preventing mortgage holders in selling their homes. Depicting whether GFC could be repeated again: After evaluating financial position of counties in the world, relevant augmentation of Great financial crisis is seen to be a possibility. The measures used by countries during financial crisis was not adequate, which in turn reduced capability of financial sector to continue with its operations. Armantier et al. (2015) mentioned that like US major countries in the world injected taxpayers money into their financial sector to smoothly continue their operations. Moreover, during 2013 small recession was seen, due to the default of Greece. The Brexit from Euro zone increased relevant problems for the financial sector of European countries. One of the major problems, which is affecting financial capability of countries are declining monetary policy and increasing debt accumulation. The following event mainly indicate repetition of GFC, which could hamper financial sector of countries. Decline in Chinese economy: The decline in Chinese economy can be seen in recent years, where the Chinese government has been interfering with stock market and inflating index value. The investors in China due to pressure from the Chinese government were not able to comprehend changes in the capital market. Furthermore, it is estimated that second financial crises would start from China, where the bubble would burst and decrease share value of the organisation. Boustras and Guldenmund (2017) mentioned that decline in total export value mainly reduced capability of Chinese government in compensating market growth. Decline in Oil prices: The decline in oil process all around the world is also reducing capability of the oil producing countries and oil refining companies in generating the required level of revenue from operations. In addition, this decline in oil prices is mainly hampering major revenue generation capacity of US companies and indicating the reducing in demand from consumers. This relevant decline in oil consumption directly reduces the revenue generation capacity of the companies and might decline jobs in the country Decline in countries ability to pay its debt: The relevant decline in countries ability to pay their debt was mainly identified from the defaulting of Greece. This mainly indicated the financial problems, which is faced by countries in paying their debt due to declining revenue. Carvalho, Ferreira and Matos (2015) stated that high debt accumulated by countries is mainly increase interest payment and hampering their ability to conduct smooth operations. The situation seen in Greece where non-payment of debt and defaulting led to the decline in financial sector and hampered profitability of the investors. Explaining the scale of impact of GFC on other countries and in Nepal: The negative impact of GFC was seen in maximum of the countries all around the world. Moreover, after September 2008 the full-fledge financial crises was mainly faced by both developed and developing countries. This negative impact of financial crises mainly resulted in the decline of financial sector of European countries. The following impact of GFC on developed and developing countries are evaluated as follows. Negative impact of financial crises on developed countries: The relevant financial crises have directly hit the finance sector of developed countries, which in turn declined value of capital market. The financial crises were mainly conducted due to the default rate of borrowers for mortgage loans. Majority of the developed countries were investing in US mortgage backed securities (Cohen et al. 2014). Hence, the defaulting of mortgages mainly declined the value of mortgage based securities to zero and wiped out their total capital. Negative impact of financial crises on developing countries: The overall negative impact of financial crises mainly affects emerging market of China and Brazil despite the robust growth seen in the economy. This was mainly conducted due to the reduced financing provided by foreign investors. Furthermore, this reduced financiering condition by foreign investors mainly declined liquidity condition of developing countries capital market. The financial crisis also reduced cash flow and increased losses of foreign investor, which increased selling pressure in developing counties having higher foreign direct investment. Hence, the financial crises reduced investments of FDI in developing counties such as India, which crashed their index. Impact of financial crises on Nepal: Nepal has a fragile economy, which directly depends on external forces rather than internal forces for smoothly running the economy. However, the financial crisis of 2008 has a drastic impact on the economy condition of Nepal, as the country mainly relies in export, which is conducted to US and other developed countries. Furthermore, the exports are mainly conducted on credit basis, which drastically hinders the payment capability of US and other developed countries (DeYoung et al. 2015). Hence, the payment incapability of creditors resulted in massive layoffs and unemployment with closure of major companies. This mainly led to massive decline in employment condition, while reducing economic stability of Nepal. Therefore, the reduction in remittance will mainly shake the financial condition of the economy and raise unemployment. This financial crisis mainly discouraged consumer market and investors, which in turn declined financial position of Nepal. Identifying the actual or proposed reforms which have been eventuated: After the financial crises adequate reforms were proposed and implemented by governments to reduce its negative impact on the economy. The reforms mainly helped in reducing any kind of financial problems, which was persisting in the financial sector. The following reforms was implemented by countries for nullifying the impact of financial crisis on the economy. Housing and economic recovery Act 2008: The housing and economic recovery Act 2008 was mainly conducted by the US government for reducing negative impact on financial crises (Floyd, Li and Skinner 2015). The insurance on mortgage was conducted, which helped in insuring $300 billion worth of mortgage. Furthermore, FHFB, GSEs, and OFHEO was mainly implemented by US government for reducing negative impact of financial crisis on US economy. Lending practices: The US government in response to the financial crises mainly considers bills to regulate the lending process of banks and financial institutions. This regulation mainly helps in declining the specific lending practice, which augmented the financial crisis. Federal reserve powers: The relevant proposal was mainly implemented in 2008, where regulatory powers was used by US Federal Reserve for intervening in the market crisis. Hence, the federal reserve mainly allows the financial institution to increase liquidation by reducing the interest rate. Short selling restrictions: The short selling restriction is mainly implemented by US government during financial crises, which directly helped in declining the negative pressure on the capital market (Haas and Lelyveld 2014). However, the practice is mainly a reform, which could be used by the government during the time of next financial crises to prevent short selling pressure in the capital market. Capital reserve requirement: The capital reserve requirement was the main factor, which led to the augmentation of financial crisis. Therefore, increment in capital reserve requirement could directly help in declining the MBS and CDS, which in turn could increase depository of banks (Wang 2014). Conclusion: The above assessment mainly helps in depicting the overall negative impact of financial crises on economic condition of US. In addition, the possible causes of financial crises were MBS and CDS, which declined financial performance of companies in US. Furthermore, the possibility of GFC is also identified, which could occur in near future due to the intervention of Chineses government in their stock market. Moreover, the scale of GFC is mainly identified to reach both developed and developing countries all around the world. Lastly, the reforms obtained by government for reducing the negative impact of financial crises and uplifting the financial sector is adequately conducted. 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