Rise of China as an Economic Power free essay sample

After 1927,  Chiang Kai-shek  managed to reunify China and bring in the  Nanjing decade, a period of relative prosperity despite civil war and Japanese aggression. In 1937, the  Japanese invaded  and literally laid China to waste in eight years of war. The era also saw the first  boycott of Japanese products. Afterwards, the Chinese civil war further devastated China and led to the fall of the Republic in 1949. * Civil war, famine and turmoil in the early republic The early republic was marked by frequent wars and factional struggles. From 1911 to 1927, famine, war and change of government was the norm in Chinese politics, with provinces periodically declaring independence. The collapse of central authority caused the economic contraction that was in place since Qing to speed up, and was only reversed when Chiang reunified China in 1927 and proclaimed himself its leader. * Development of domestic industries Chinese domestic industries developed rapidly after the downfall of the  Manchu  Qing dynasty, despite turmoil in Chinese politics. We will write a custom essay sample on Rise of China as an Economic Power or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Development of these industries peaked during  World War I, which saw a great increase in demand for Chinese goods, which benefitted Chinas industries. In addition, imports to China fell drastically after total war broke out in Europe. For example, Chinas textile industry had 482,192 needle machines in 1913, while by 1918 (the end of the war) that number had gone up to 647,570. The number increased even faster to 1,248,282 by 1921. In addition, bread factories went up from 57 to 131. The May 4th movement, in which Chinese students called Chinas population to boycott foreign goods, also helped spur development. Foreign imports fell drastically from 1919–1921 and from 1925 to 1927. Chinese industries continue to develop in the 1930s with the advent of the Nanking decade in the 1930s, when Chiang Kai-shek unified most of the country and brought political stability. Chinas industries developed and grew from 1927 to 1931. Though badly hit by the Great Depression from 1931 to 1935 and Japans occupation of Manchuria in 1931, industrial output recovered by 1936. By 1936, industrial output had recovered and surpassed its previous peak in 1931 prior to the Great Depressions effects on China. This is best shown by the trends in Chinese  GDP. In 1932, Chinas GDP peaked at 28. 8 billion, before falling to 21. 3 billion by 1934 and recovering to 23. 7 billion by 1935. * The rural economy of the Republic of China The rural economy retained much of the characteristics of the Late Qing. While markets had been forming since the  Song  and  Ming dynasties, Chinese agriculture by the Republic of China was almost completely geared towards producing cash crops for foreign consumption, and was thus subject to the say of the international markets. Key exports included  glue, tea, silk, sugar cane, tobacco, cotton, corn and peanuts. The rural economy was hit hard by the Great Depression of the 1930s, in which an overproduction of agricultural goods lead to massive falling prices for China as well as an increase in foreign imports (as agricultural goods produced in western countries were dumped in China). In 1931, imports of rice in China amounted to 21 million  bushels  compared with 12 million in 1928. Other goods saw even more staggering increases. In 1932, 15 million bushels of grain were imported compared with 900,000 in 1928. This increased competition lead to a massive decline in Chinese agricultural prices (which were cheaper) and thus the income of rural farmers. In 1932, agricultural prices were 41 percent of 1921 levels. Rural incomes had fallen to 57 percent of 1931 levels by 1934 in some areas * Foreign direct investment in the Republic of China Foreign direct investment in China soared during the Republic of China. Some 1. 5 billion of investment was present in China by the beginning of the 20th century, with Russia, The United Kingdom and Germany being the largest investors. However, with the outbreak of WWI, investment from Germany and Russia stopped while England and Japan took a leading role. By 1930, foreign investment in China totalled 3. 5 billion, with Japan leading (1. 4 billion) and England at 1 billion. By 1948, however, the capital stock had halted with investment dropping to only 3 billion, with the US and Britain leading. * Currency of the Republic of China The currency of China was initially silver-backed, but the nationalist government seized control of private banks in the notorious  banking coup  of 1935 and replaced the currency with the  Fabi, a  fiat currency  issued by the ROC.

Obey Direct Orders free essay sample

There are more than a few reasons that lawful orders should be obeyed. These orders are given for a variety of reasons, and should be followed whether or not you understand or agree with them. Orders are sometimes given simply to keep soldiers to maintain their military bearing and display a proper image of the United States Armed Forces. Other times they are given to protect the soldier or to protect the soldiers around him/her. No matter what, an order should be carried out without question, because if you question orders that seem less important, you could get someone hurt because you were wasting time ignoring or questioning an order that you thought was unimportant. A soldier is given a great many orders that fall into the first category I discussed, maintaining military bearing. These orders range from keeping in step and swinging your arms in formation, to not moving while talking on your phone. We will write a custom essay sample on Obey Direct Orders or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page All of these orders have reasoning behind them that has applications on the battlefield. For instance, if you are keeping in step and swinging your arms in formation, then you are paying attention to the cadence that is being given, so if you get a command by whoever is marching you, you are already paying attention and can react quickly. This can be the difference between life and death in a combat zone. The same thing can be said about talking on the phone while walking around. You need to not have any distractions when you are patrolling an area. If you are not alert, you could get yourself killed by an IED, or worse you could get others killed. So while these orders may not seem to have all that much importance in the here and now, they actually have a great deal of importance in that they train you in how you need to behave while deployed, so they should be followed with just as much care as any other order. Another type of order that is given is an order that is designed directly to protect you or those around you. Every time you are given an order to do guard duty or a cleaning detail, that order is there to protect yourself and others. When you are asked to pull guard duty, you are actively watching for threats to those that you are guarding. If an insurgent were to try to enter your AO when there was no guard, he could do a lot of damage before he was noticed, and he could kill a lot of people. If you have a guard on post, the same insurgent is likely to be killed or taken into custody with no loss of U.S. Soldiers. When here in training you are practicing the ability to stay alert while on those guard duties. If you were to fall asleep on duty, or not report, then you could be responsible for the deaths of your fellow soldiers. A less obvious threat than insurgents are the bacteria and diseases that you are helping to keep under control every time you follow an order to do a cleaning detail. If these orders are not followed then our fighting force could become crippled by sickness. So you can see even cleaning details are in place to help protect you and your fellow soldiers. In the end the point is, whether or not you understand the reason you are being given an order, or agree with that order, it needs to be followed. Failing to follow orders can cause people to get hurt, or can put you in the position of not having the focus or discipline to stay out of harms way yourself. Follow orders every time.

How Music Effected Civil Rights free essay sample

He was perhaps one of the most famous Jazz musicians and composers of all time. His name was Duke Elongating. He was a very clean musician, well spoken, and very well educated. He was already big into the Jazz industry by the early age of 17. By the time he was in his early ass, he was at the peak of his creativity in composing, and the peak Of his career. During this time he became the first African American to set foot in Carnegie Hall. It took a lot of bargaining but he arranged a deal to play a concert there.Undoubtedly, Elongating made ample amounts of money for Carnegie. This event is quite often looked at as the start of the Civil Rights Movement. For the first time, a black man was allowed to play his music in a predominantly white arena. As a result of this, many White people became turned on to the Jazz age. We will write a custom essay sample on How Music Effected Civil Rights or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This started the integration of society because for the first time, people found something to connect them with another race. This special bond between the races was music (Cheetahs). Musicians were not the only ones who used the Jazz Age as a chance to equal the races.Journalists also played a part in the movement, such as James A. Billboard Jackson of Billboard. Jackson was renowned for voicing his opinion that Jazz and Blues artists were deserving of cultural elevation and wider success. He often used his column to report occurrences of racism in he music industry, and pushed for African American success in this industry across the nation (McRae). The sound of America is sweeter, more soulful, and more sorrowful because of Black Artists, says Michael Eric Tyson, a reporter for Ebony magazine.Although Jazz had a huge impact on society, it is not the only type of African American music that influenced Americas culture. Jazz was the beginning for all types of music to come after it, including everything from Bebop, to Rock and Roll, to Rhythm and Blues, and even Rap. Rock and Roll began in the mid sass and is still popular music today. Without Chuck Berrys 1955 Denumerable and Little Richards Tutu Fruit the same year, all that came after them, including Elvis, makes no sense (Tyson). At that time, some of the white population was still leery of what they called race music. However, when Elvis Presley came into the picture, as well as many Other white cover artists, the white community became very interested in what African American music had to offer. Although White artists like Elvis were taking the Black artists music and singing it as their own, some black artists like Little Richard were not at all offended. By doing his, Presley and other artists alike made songs that were written and recorded by Black singers and songwriters available to a whole new group of individuals (Cheetahs). Rock and Roll was a major turning point in the fight for the Civil Rights Movement.This so-called race music was unacceptable, as far as many white adults were concerned. However, the southern, white, teenagers in society, who were beginning to cross the racial lines that had been drawn, embraced the music. That makes it seem no accident that in 1954-1955, during a time when laws supporting a segregated society were beginning to e destructed, young white audiences across America were welcoming the race music with open arms. By accepting Rock and Roll with enthusiasm, white teenagers endorsed a sensibility shaped by black Americans.The rise of Rock and Roll turned the cultural identity of American youth in an interracial direction. The tide that carried Rock and Rollers to fame Was grounded in a process Of social change that reached far beyond music (Crawford 735). The development of Rock and Roll brought about Mouton in 1959. More than ever, black music enthralled the white listeners. Mouton was the home of a few of pop musics most recognized voices. Marvin Gay and Steve Wonder were widely listened to by both races. [Both of their] politics and pleads for change [in society] were rooted in lover says Tyson.Two other Mouton singers, Sam Cooke and Retreat Franklin, both emerged from their base in the church (Tyson). Gospel music originated from African American hymns, and had a beat that was hard to dislike, even to a person who had no rhythm whatsoever. Retreat Franklin told people that her vocal style was heavily influenced by her fathers preaching techniques. Franklins performances used to turn concert halls into celebrations that resembled African American worship services, and audiences absolutely loved it (Reagan 29). People would become involved in a kind of spiritual thing with her Calla kinds [of people]: dudes, sisters in Faros, and those in blonde wiggeries men like 50 and 60 years old would run down to the stage and try to touch her (Reagan 28). Gospel music influenced many other singers as well, like Little Richard, James Brown, and Big Mama Thornton (Reagan 29). Ray Charles was another well-known musician who was very much rooted in the traditions of gospel music. One of his popular songs, This Little Girl of Mine, was actually oaken from the old Gospel hymn, This Little Light of Mine. Charles, along with a few other artists, created a new style of music using the vocal style of gospel. The new popular variety was called Soul Music. The energy of Soul captivated its audiences. It was so powerful that it began to overflow into all of the African American communities, and spilled over into the rest of America. James Brown played a major role in this growing trend. In 1 969, he became the first Black man in Cash Box, a magazine that was a weekly coin-machine and music-industry publication, to be named as a male vocalist on single pop records.He was cited as this for his Clop mean sales to the whole record- buying community, not just the Negro Rhythm and Blues Market. This was a major breakthrough. To be recognized for such an accomplishment was a strong movement in the right direction toward marketing music to all types of people, not just one race or the other. Browns influence was so great that many white singers, including the Righteous Brothers, Joe Cocker, Tom Jones, and Elvis Presley imitated his style, giving rise to the concept of blue-eyed soul singers. James Brown and Retreat Franklin were proclaimed the Godfather and Queen of Soul.They made Gospel music and its delivery style an irreplaceable genre in American popular music (Reagan 31). [Many Black figures in America] have transformed our society through their love affair with excellence. Without their contributions, the U. S. Would not look the Same, sound the same, or struggle in the same way to fulfill its promise of opportunity and justice for all (Tyson). Music is still effecting racial integration today. It is the one thing that ties all different communities together. Even though black artists dominate Hip-Hop and Rap, it is widely listened to by people of all different races. How Music Effected Civil Rights free essay sample However, the youth In America began opening up to change. One of the major Influences In the changing America at that time was music. Jazz was the start of it all. Jazz triggered many different types of music, such as rock and roll and rhythm and blues. Jazz started the revolution of music in America, which prompted the racial integration of society. This transformation of society began largely due to one man.He was perhaps one of the most famous Jazz musicians and composers of all time. HIS name was Duke Longtime. He was a very clean musician, well spoken. And very well educated. He was already big into the Jazz industry by the early age of 17. By the time he was in his early ass, he was at the peak of his creativity in composing, and the peak of his career. During this time he became the first African American to set foot in Carnegie Hall. We will write a custom essay sample on How Music Effected Civil Rights or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It took a lot of bargaining, but he arranged a deal to play a concert there.Undoubtedly, Longtime made ample amounts of money for Carnegie. This event Is quite often looked at as the start of the Civil Rights Movement. For the first time, a lack man was allowed to play his music In a predominantly white arena. As a result of this, many White people became turned on to the Jazz age. This started the integration of society because for the first time, people found something to connect them with another race. This special bond between the races was music (Cheetahs). Musicians were not the only ones who used the Jazz Age as a chance to equal the races.Journalists also played a part in the movement, such as James A. Billboard Jackson of Billboard. Jackson was renowned for volcano his pollen thats and Blues artists were deserving of cultural elevation and wider success. He often used his column to report occurrences of racism in the music industry, and pushed for African American success in this industry across the nation (McRae). The sound of America is sweeter, more soulful, and more sorrowful because of Black Artists, says Michael Eric Tyson, a reporter for Ebony magazine.Although Jazz had a huge Impact on society, It Is not the only type of African American music that Influenced Americas culture. Jazz was the beginning for all types of music to come after it, including everything from Bebop, to Rock and Roll, to Rhythm and Blues, and even Rap. Rock and Roll began in the mid sass and is still popular music today. Without Chuck Berrys 1 955 inflammable and Little Richards tutu Fruit the same year, all that came after them, including Elvis, makes no sense (Tyson). At that time, some of the white population was still leery of what they called race music. However, when Elvis Presley came Into the picture, as well as many other white cover artists, the white community became very interested in what African American music had to offer. Although White artists like Elvis were taking the Black artists music and singing t as their own, some black artists like Little Richard were not at all offended. By doing this, Presley and other artists alike made songs that were written and recorded by Black singers and songwriters available to a whole new group of individuals Rock and Roll was a major turning point in the fight for the Civil Rights Movement.This so-called race music was unacceptable, as far as many white adults were concerned. However, the southern, white, teenagers in society, who were beginning to cross the racial lines that had been drawn, embraced the music. That makes it seem no accident that in 1954-1955, during a time when laws supporting a segregated society were beginning to be destructed, young white audiences across America were welcoming the race music with open arms. By accepting Rock and Roll with enthusiasm, white teenagers endorsed a sensibility shaped by black Americans.The rise of Rock and Roll turned the cultural identity of American youth in an interracial direction. The tide that carried Rock and Rollers to fame was grounded in a process of social change that reached far beyond music (Crawford 735). The development of Rock and Roll brought about Midtown in 1959. More than ever, black music enthralled the white listeners. Midtown was the home of a few of pop musics most recognized voices. Marvin Gage and Steve Wonder were widely listened to by both races. [Both of their] politics and pleads for change [in society] were rooted in love, says Tyson.

Advanced Selling Strategies †Business 500 Level Book Summary

Advanced Selling Strategies – Business 500 Level Book Summary Free Online Research Papers Advanced Selling Strategies–Business 500 Level Book Summary Most sales success comes from the mind. Performance is a function of attitude, skills and action. By accepting complete responsibility, we undertake our own creative force and end up making things happen. The intensity to produce results creates results, which feeds the desire to create more results. There are seven mental laws of selling. The Great Law, or of cause and effect; Compensation, or of sowing and reaping; Control, which affects feelings; Belief, and with emotion creates reality; Concentration, with which what is dwelled upon grows and expands in the mind; Attraction, where you attract similar minded people; Correspondence, where your outer mind is a mirror of the inner mind. There are seven exercises to achieve mental fitness. These are positive: self talk, self imaging, mental food, people, training and development, health habits, and positive actions. Salespeople should always perform an analysis of there strengths and weaknesses and at the same time ensure their mission statements match their values and beliefs. The biggest fear of selling is the fear of rejection. Conversely, the biggest fear of buying is the fear of failure – people don’t like to be criticised or question by their friends. Everyone wants to be a Mr. or Mrs. Jones, so why look different, save the embarrassment. And everyone who has a negative buying experience files the experience away to further fuel more anger and resentment the next time. Which is why there are so many buyer reactions, but most of them could be categorized into specific sets. The critical factor in selling today is to help people reduce their perceived exposure to risk. Risk increases with the size of the sale and becomes directly apparent to a buyer in direct proportion to their unfamiliarity with the sales person. Therefore successful salespeople position their products as the low risk product, but before they do this, they build trust with buyers. Salespeople need to ‘relieve the tension’. So, rather than the old dog style of selling, today 40% of the sales process is building trust, 30% diagnosis, 30% presenting and closing (or closing while presenting). Listening is everything. God gave us two ears and one mouth so we could use them in that proportion in order to help us to learn how to trust each other. Listening develops character, and is a self discipline which must be practiced. Listening means listening attentively, and practicing how to shut up (especially when asking for the sale) and learning to pause before replying. Seven steps towards relationship building include: never criticising, never complain, never condemn, always approve, accept and appreciate with admiration the beliefs and opinions of clients. And, give them the attention and agreement they need from you. Building MEGA CREDIBILITY means everything counts. Every piece of evidence that proves a clients delight with the company or sales person must be recorded as precisely, concisely and clearly as possible. Photos, highlighted letters, testimonials etc, must be maintained in a presentation format for future customers to absorb before the sales person even starts talking about his/her product. When it comes to people buying from you, there seems to be a Law of Duality, of primary and secondary, of reasons that sound good and the real more subtle hidden reasons. Find the secondary reasons then you’ve found the green ‘hot’ button to trigger the client to buy from you. A salesperson should think like a doctor and ask, â€Å"Where does it hurt†? The goal is to take the pain away, do the deeds that solve the most pressing needs. This means discovering the both the primary positive motivators, and really working on that one big green button on his chest. We must remember our clients make most of their judgments about us within the first four seconds of meeting us. It’s almost as if their final judgments of us are made in those four seconds. And they certainly confirm those judgments as soon as we open our mouths. So leave nothing to chance dress, smile, smell, appear, time, stand perfectly before the client. Prospecting is the filling of the sales pipeline. One good way to fill the pipeline is to examine past clients: what do they all have in common that made them buy from you in the first place? What are they all attempting to avoid or achieve? When phone prospecting, the first objective is simply to sell an appointment (to get ten minutes of time to meet face to face). A well formulated opening statement such as the idea, benefit or result of what is being sold must be developed, such as, â€Å"would you be interested in a 100% written guarantee that your property will be sold for the highest possible price and without costing you absolutely any money in the process?†. Never tell over the phone how this is done, simply ask for the time to show how it’s done. Presenting in sales is made easier by examining and diagnosing the client first. But the sale is made in the presentation too, which means although the presentation makes only a fraction of the effort required to win the sale, the effort to win in the presentation is made easier by the understanding the green hot button needs of the client first. It means simply â€Å"Gap Analysis† – be the detective that finds the problem, then let’s the client feel how wide that gap is, and how you’re going to bridge that gap with a solution. The most important element of presenting is simply this: never say a thing if you can ask it. Telling is not selling. A salesperson telling may not be wrong; it’s just that it’s coming from the wrong person (the salesperson). The client should discover the solution for themselves. Use open ended questions to open up conversation, use closed ended questions to narrow the conversation to a concluding close. It’s important to listen to the customer’s unspoken words. Why should I listen to you? What is it? What’s in it for me? So what? Who says so? Who else has done it? The key is mega credibility, such as photos of delighted clients sticking sold stickers on their For Sale boards with their agency’s team. Closing is likened to golf, you ‘drive for show, but you putt for dough’. And objections from the customer are not a bad sign. Objections are good, they indicate interest and you should be excited to receive them. Objections should be received with an acknowledgement and respect of the customers’ feelings and opinions. All objections could be categorised into six groups: price, performance, follow-up service, competition, support, warranties and assurances. Answers to these groups should be bullet proof. Early objections must be found and answered immediately, preferably before the launch of a presentation. It’s no good having these objections rattling around in the minds of prospects during the presentation. Always handle objections diplomatically, such as, â€Å"obviously you have a good reason for saying that. Do you mind if I ask what it is?† Objections are the rungs on the ladder of success. As prospects hesitate or procrastinate the question needs to be asked, â€Å"There seems to be some question in your mind that’s causing you to hesitate about getting started with us today. Do you mind if I ask what it is?† These type of questions need to asked until the client has exhausted all his/her objections. Then it could be said, â€Å"With us now understanding all the facts, would you be ready to go ahead now†? And where people have to refer the decision to a higher authority, â€Å"rather than waste your time tomorrow, let’s makes that a condition of providing our service to you. We’ll write than up exactly as you want to, subject to you speaking with xxx, and at least that way, when won’t be wasting each others time having to go over every all over again another day, you wouldn’t want to have to do that would you?† Sometimes the client simply feel (or thinks) he/she cannot reveal the reasons to not going ahead. So that’s where we use reverse psychology. We get up and leave. We leave them, just get up and say thanks for your time, and say, â€Å"It would really help me with my other customer if I know exactly where I went wrong in my presentation to you.† Some good closes for the how much question include, â€Å"that’s the best part, if we’re not exactly right for you at anytime, then there is no charge†! Keeping in mind that to some clients price is the major factor, so, â€Å"Is price your only concern†, and â€Å"Are you going to make a decision in this areas solely on the basis of price’? Also ask, â€Å"How much too much does it cost?† Followed by, â€Å"isn’t it true you probably get what you paid for†? And â€Å"did you ever get anything cheap that turned out to be good†? Then close with, would you let us handle everything from here† AND remain silent, shut up, locks eyes with the client and remain zipped for easily over five minutes is you have too. Some errors when closing include: arguing, personal opinions, knocking the competition, overselling and assuming too much authority. Some obstacles include: negative expectations, lack of sincerity, being on completely different wavelengths or just simply a personality clash. Buying signals include the client asking for more technical or for finer details about service. The customer’s body language may change to the tea kettle position (that’s a new one) and chin rubbing. Perhaps the client will start calculating numbers or suddenly become friendly. What ever the indications, these are ‘yes’ statements, so they need to be seized upon, that is what the client is asking for. And that basically covers what I found most compelling from chapters one to ten. Finally, â€Å"What’s past is prologue† (Shakespeare). Research Papers on Advanced Selling Strategies - Business 500 Level Book SummaryIncorporating Risk and Uncertainty Factor in CapitalThe Relationship Between Delinquency and Drug UseThree Concepts of PsychodynamicAnalysis of Ebay Expanding into AsiaMarketing of Lifeboy Soap A Unilever ProductRiordan Manufacturing Production PlanThe Project Managment Office SystemResearch Process Part OneComparison: Letter from Birmingham and CritoEffects of Television Violence on Children

Union bank of norway for MKTG 4760 Essay Example | Topics and Well Written Essays - 500 words

Union bank of norway for MKTG 4760 - Essay Example These gave the bank the advantage over its competitors and remain affected by the economic turmoil. The above strategy of the company also bought about a crisis. As customers were offered automated ways to use their services, they now did not have to physically come to the bank. This meant that the staffs in the various branches were not able to have direct communication with the customers. That is, the bank no more had direct access to its customer and in turn did not know what their customers wanted. This was a dangerous place to be in for any business. A business can only sustain and grow only by knowing what the customer wants and according developing the business. Hence, it was very important for the bank to find a way out of this crisis. In order to come out of this crisis the company had to consolidate the information (customer data) available to them about the customers through its automated services. But the main problem here was that the customer data was spread across many systems and it would take days to accumulate and consolidate this data. The bank concluded that the only way to overcome this was to get a have all the customer data from different systems at one place. This would give them the complete view of the customers. The bank then acquired a data warehouse with the aim of consolidating the customer data from various systems and makes it available to its employees on a single centralised platform where they could analyse it. This helped the bank in numerous ways. The bank was now able to identify who their customers were, their interests, their buying behaviour, etc. This also gave the bank the 360-degree view of the customer. The bank was now in a better position to understand what their customers wanted and designs their products and services accordingly. The data warehouse solved the problem of not understanding the customer but the communication with customer was still a problem. Hence, in order to overcome this, the bank

Marketing Planning and Strategy Assignment Example | Topics and Well Written Essays - 250 words

Marketing Planning and Strategy - Assignment Example Marketing as a process entails combination of the four, marketing strategies, which include;Marketing as a process entails combination of the four, marketing strategies, which include;   -Identification of the product, its selection, and development   -The process of determining the product’s value   -Identification of a mode of distributing the product to the consumer.   -The process of developing and implementing a strategy for promoting the product to the consumers   Marketing is, therefore, the process of acquiring the appropriate skills that improve the marketing process. The marketing professional entails the acquisition of skills that allow the individuals to associate effectively with the target market (Payne, 2002).Q2. Enrollment to a marketing program is a need since it an important course in that, after completion, will allow an individual to peruse a career efficiently by use of the skills acquired in the program. In addition, the course will assist in ac quiring basic skills that enhance effective communication and relation with various individuals (Danie, 2014).Q3. The consumers of a given product have the needs and want to satisfy through purchasing a particular product and the marketer is responsible for convincing the consumer on how the product will satisfy their needs and wants (Dierksmeier, 2013).Q4. No. this is because marketers evaluate the product and the needs, which it can satisfy before deciding on the target market.Q5. Apple serves as a perfect company that effectively focuses on its target market while Motorola electronics does not have a specific target market.

Financial Reporting Assignment Example | Topics and Well Written Essays - 2250 words

Financial Reporting - Assignment Example The involvement of the all stakeholders, the identification of the economic status, financial identification and effective transmission of the components of the financial reports outlines the main characteristics of effective and good quality financial reports (Helen and Gary 2001, P. 57). Although conventional financial statement systems are still effective in providing financial reports in an organisation, the adoption of contemporary financial reporting techniques and policies have proved to be more valuable and cost-effective. Organisations provide financial reports to facilitate the successful creation of practical regulatory policies and for procurement authorisation. To address the issues of finance reporting extensively, International Trade Organisations have developed various policies aimed at harmonising the global financial reporting process for the benefit of global economic development. One such initiative was the formation of International Accounting Standards (IAS 10) to harmonise accounting practices across the globe. The main aim of the IAS 10 policy framework was to prescribe the most effective timeframe for adjusting financial statements for an organisation and to enable the identification of necessary disclosure requirements regarding the date for financial statement authorisation and the events that followed the reporting period. The standard stipulates that, an organisation should not prepare financial reports based on going-concerns. The International Accounting Standards (IAS 10) offers an explanation of the events that occur after the finance reporting date. The standard is also exceptionally decisive in explaining various activities that occur instantaneously after reporting period. Definitions Events after the reporting period- This entails the inauspicious and constructive happenings that takes place after the end of the reporting date and before the date of authorisation of the financial statement. Adjusting Events These are events that offer comprehensive evidence to support the occurrences that take place at the end of the reporting date. Adjusting events also incorporates the events that relate to the inappropriateness of the going concerns assumption in the entire or part of the financial plan (Evans, 2000, p.535). Non-Adjusting Events These are events that reveal the conditions that occur after the termination of the reporting date and do not interfere with the organisation’s financial report. These events occur at the end of the reporting period. However, these events should not be allowed to inference with the absolute finance reporting. The Scope of the Provision This standard is only appropriate in the entire accounting process, at the disclosure and in the analysis of events that occurs after the reporting time. Objective of International Accounting Standard (IAS 10) This provision is aimed at prescribing the most appropriate time for adjusting financial statements for events that might take p lace after the reporting period. The provision also offers a description of the necessary disclosures regarding the financial statement authorisation and the impact of the events that take place after the reporting date to the organisation finance report. The provision is as well expected to ensure that no organisation prepares its financial reports on a going concern basis. This occurs in the scenario where,