The Impact of Keynesian Theory on Roosevelts New Deal :: Economy

The Impact of Keynesian Theory on Roosevelt's New Deal The crash of the stock market brought many hard times. Franklin D. Roosevelt's New Deal was a way to fix these times. John Stuart Mill and John Maynard Keynes were two economists whose economic theories greatly influenced and helped Franklin D. Roosevelt devise a plan to rescue the United States from the Great Depression it had fallen into. John Stuart Mill was a strong believer of expanded government, which the New Deal provided. John Maynard Keynes believed in supply and demand, which the New Deal used to stabilize the economy. Franklin D. Roosevelt's New Deal is the plan that brought the U.S. out of the Great Depression. It was sometimes thought to be an improvised plan, but was actually very thought out. Roosevelt was not afraid to involve the central government in addressing the economic problem. The basic plan was to stimulate the economy by creating jobs. First Roosevelt tried to help the economy with the National Recovery Administration. The NRA spread work and reduced unfair competitive practices by cooperation in industry. Eventually the NRA was declared unconstitutional. Franklin D. Roosevelt then needed a new plan. Keeping the same idea of creating jobs he made many other organizations devoted to forming jobs and in turn helping the economy. One of those organizations was the Civilian Conservation Corps. This corps took men off the streets and paid them to plant forests and drain swamps. Another of these organizations was the Public Works Administration. This organization employed men to build highways and public buildings. These were only some of the organizations dedicated to creating jobs. Creating jobs was important because it put money in the hands of the consumer. This directly affected the supply and

Multicultural Psychology

Multicultural Psychology Multicultural Psychology Multicultural psychology is the study of human behavior and mental processes through multiple cultures. The focus of this field of psychology incorporates theories on culture-specific issues and behaviors. Study models can be used as comparisons in understanding ethnic identity in viewing similarities and differences of the structure of the culture. In recent years, the original concept of one size fits all psychology has changed to include multicultural psychology that focuses on specific cultures and uniqueness within the culture. The study focuses on how a culture varies from other cultures to how they are similar. â€Å"It is apparent that the â€Å"old rules† in psychology have moved away from monoculture to a multicultural premise and that these â€Å"new rules† recognize both an appreciation of differences as well as an understanding of the inherent ambiguity and complexity in psychological practice† ( Pack-Brown & Williams, 2003). Defining Multicultural Psychology Multicultural psychology can be defined as â€Å"the systematic study of behavior, cognition, and affect in settings where people of different backgrounds interact† (McGraw-Hill, 2009). The focus on multiculturalism started in the 1960s as minority issues became more prevalent in society, especially in the Anglo dominated countries such as North America. Multicultural was primarily defined in association to race or ethnicity. The focus has broadened to include age, gender, religion, sexual preferences, and social class. Much of the focus on multicultural issues was directed toward issues in society regarding equality; many were caused and generated by political biases, programs, and policies. Nagayama Hall (2010) stated, â€Å"Multicultural psychology is the study of the influences of multiple cultures in a single social context on human behavior† (p. 8). Brief History of Multicultural Psychology The study on human behavior labeled as psychology, has been traced back as far as the Greeks and into the medieval period of history, studing language, human behavior, and various human traits. In the early 1800s Darwin’s theory focused on an explanation of the evolution of humans and focused on the transformation of mankind. Throughout time numerous psychologists such as Freud, Kant, Mach, Hegel and Galton, to name a few, focused their studies on human behavior. The focus of these early psychologists’ studies relied primarily on a monoculture focus of human behavior. Cultural diversity has been overlooked for centuries and only in the past two decades has a stronger focus begun on how cultures vary from each other in their influences on human behavior currently are incorporating cultural trends. â€Å"During the 1980s, the percentage rate of articles in psychology on people of color remained at 3%. There was a percentage increase in the 1990s but the percentage rate has remained at about 4. 5% throughout the 2000s† (Nagayama-Hall, 2010). Opinions on the reason for such low percentages primarily focus on the lack of cultural (diverse) backgrounds of the psychologists. In 2002, the American Psychological Association Council approved and released a document of guidelines titled â€Å"Guidelines on Multicultural Education, Training, Research, Practice, and Organizational Change for Psychologists† (APA, 2002, p. 1). This document has provided a guideline for psychologists to refer to as the concepts of multicultural psychology continues to evolve and emerge into a specialized area of study in psychology. With APA guidelines in place more focus on the variety of cultures and the similarities and differences within cultural groups will create awareness of cultural diversity and increase educational efforts targeted toward a greater understanding of various ethnic groups. Rationale for the Establishment of a Subspecialty for Multicultural Psychology Although ethnic diversity is growing in North America and in many other countries there is also needs to have a growth in psychologists trained on multicultural issues to expand the focus to a broader spectrum of study. The need to encourage and recruit individuals with diverse ethnic backgrounds into the field of psychology has become crucial and providing educational opportunities to support the development of the field of multicultural psychology needs to continue to support the future of psychology. Many business organizations are expanding their focus to international levels that will increase a new level of human resources issues that will need to be considered and developed. With the development of international business along with cultural influences continuing to grow in the United States more multicultural research studies will be needed and the results recorded and published to maintain successful on various levels. Greater understandings of the variance in cultures need to be created and known by business professionals expanding their businesses abroad. The needs for multicultural professionals are growing and psychological research will be vital on many levels. For example, many businesses are required through the guidelines instituted by the Equal Employment Opportunity Commission to recruit a specific percentage of individuals from different ethnic backgrounds. The EEOC has placed guidelines when hiring and firing individuals and serves as a protection agency for possible issues and concerns of discrimination because of diversity or ethnic differences. â€Å"The U. S. Equal Employment Opportunity Commission (EEOC) is responsible for enforcing federal laws that make it illegal to discriminate against a job applicant or an employee because of the person's race, color, religion, sex (including pregnancy), national origin, age (40 or older), disability or genetic information† (2010, EEOC). Through an improved focus on multicultural psychology, stronger guidelines can be set in place for education, the workforce, institutions . and society all that involve the interaction of a multitude of multicultural environmental backgrounds. Nagayama Hall (2010) stated â€Å"Rather than ignoring, neglecting, or reacting to cultural diversity, as has been the tradition of mainstream psychology, multicultural psychology is proactive and is helping to shape the discourse on race, ethnicity, and culture† (p. 19). Now is the time to grow diversity and eliminate the â€Å"cookie cutter† approach to the field of psychology. With the growing number of ethnic groups from so many countries, the make-up of society is constantly changing. Schools, businesses and entire neighborhoods are continuously changing as more ethnic groups integrate into these areas. The guidelines set forth by the APA provide psychologists strategies to work with society to educate and remove barriers that can come from the unfamiliar and lack of understanding of those individuals from different cultural backgrounds and ethnicities. The concept of monoculture in psychology must be eliminated and replaced with an active focus on multicultural issues in psychology to continue to evolve within society on a personal and professional level. References About the EEOC: Overview. (2010). U. S. Equal Employment Opportunity Commission. Retrieved on April 2010, from http://www. eeoc. gov/eeoc/index. fm Guidelines on Multicultural Education, Training, Research, Practice, and Organizational Change for Psychologists. American Psychological Association. (2002) Retrieved on April 14, 2010 from http://www. apapracticecentral. org/ce/guidelines/multicultural. pdf Nagayama Hall, G. C. (2010). Multicultural Psychology (2nd ed. ). Upper Saddle River, NJ: Prentice Hall Pack-Brown, S. & Williams, C. Ethics is a multicultural context. (2003). Psych Board. Thousand Oaks, CA: Sage Publications What Is Multicultural Psychology? (2009) Retrieved April 14, 2010, from http://highered. mcgraw-hill. com/sites/dl/free/007338271x/591940/Chapter1. pdf

A Study Case For Renewable Resources - 981 Words

Energy generation in Hawaii is a noteworthy issue in context of the islands bound region and nonappearance of neighborhood resources. The state needs tons of petroleum and coal for power, yet late exercises have expanded utilization of renewable resources. There are numerous distinctive hotspots for renewable vitality that could unravel our vitality use issue, despite the fact that impressive measures of sun based photovoltaic and wind power use have actuated force value issues which have made Hawaii a study case for renewable resources. We are looking at Algae fuel and solar and wind power as additional sources to help with this power issue. The run of the mill expense of power in the introductory nine months of 2012 was $0.34 per kilowatt-hour, more than twofold the expense in the going with most fundamental state, New York at $0.16, and more than triple the US common of $0.10 per kilowatt-hour. Renewable sources gave 10.5% of total electric power in 2010. Hawaii organized third among U.S. states in geothermal centrality and seventh in went on sun power. In January 28, 2008, the State of Hawaii and the US Department of Energy indicated a redesign of understanding and reported the Hawaii Clean Energy Initiative, which has an objective to utilize renewable assets, for occasion, wind, sun, sea, geothermal, and bioenergy to supply 70 percent or a more significant measure of Hawaii s criticalness needs by 2030 and to decrease the state s reliance on imported oil. The StateShow MoreRelatedMotives of the Renewable Energy Policies in Resource Rich and Non-Democratic Countries1230 Words   |  5 PagesThis section will focus on the motivators of oil rich countries in the renewable energy field. Renewable energy can be defined simply as energy that comes from resources which are continually replenished by a period of time. From this simple definition it could be expected that use and introduction of renewable energy projects emerge and are promoted by countries with shortage of non-renewable sources and/or under a high risk of environmental degradation caused by those sources. Also it could beRead MoreThe Risks of Renewable and Nonrenewable Resource Utilization639 Words   |  3 Pagesï » ¿The Risks of Renewable and Non-Renewable Resource Utilization This world is a marvelous, unique, naturally rich place. By naturally rich, one can mean anything from a variety of fauna and flora, and a multitude of minerals and fossil fuels. Furthermore, to add to the incredible nature of this planet, one can utilize most of these resources for purposes that can only enrich human existence. Yet these resources, whether renewable or non-renewable, will truly be finite quite soon if certain mechanismsRead MoreRenewable Energy Through Feed On Tariffs And Taxes1263 Words   |  6 Pages(p. 1). With depleting resources, it may be a good idea to look more seriously at renewable energy (Sakamoto Managi, 2016, p. 16). More governments have been trying to create policies to encourage usage of renewable energy. However, it has been debated what is the best way to enforce renewable energy. In this paper, I will discuss two ways countries have been encouraging renewable energy through feed-in tariffs and taxes. Body Sakamoto and Managi (2016) did studies that took more into accountRead MoreThe Effects Of Renewable Energy On The United States1550 Words   |  7 Pages Renewable Energy In the 1960’s and 1970’s a movement regarding the physical environment began, this movement focused on a few environmental issues and disasters caused directly or indirectly by pollution. As the years progressed, this movement grew into a multifaceted activist movement gaining more attention in the US, more often referred as â€Å"Environmentalism† or â€Å"Environmental Activism†. As the human race realized the physical environment is fragile and thus must be protected, scientists startedRead MoreRenewable Energy Sector : Saudi Arabia1557 Words   |  7 PagesArabia led the Saudi authorities to consider investing in the renewable energy sector. Saudi Arabia is the world’s largest oil producer and exporter, but its dominance in oil production threatens the country’s environment. Therefore, Investing in the renewable energy sector would be a good substitute of a polluting source of energy; moreover, it would lesser the expensive costs of oil -based energy. However, turning Saudi Arabia into the renewable energy sector would require profound adjustment in SaudiRead MoreRenewable Resources For Renewable Energy Essay1157 Words   |  5 Pages Renewable Resources used to be a source that was futuristic and far beyond the time period. Fossil Fuels are damaging to the home that is named Earth. Americans should support the production of renewable resources because they are more efficient, the world will experience a decline in the emission of Fossil Fuels, and the use of of WWS (Wind, Water, Solar) Resources will produce a more resilient source when compared to the sources that in effect now. WWS Resources produce more efficiently thanRead MoreThe Benefits Of Renewable Source Of Energy893 Words   |  4 Pagesbiodiesel burns much cleaner than diesel fuel (Berget al., 2011). According to Bosch and his colleagues, the demand for renewable source of energy is exceeding political agendas (2015). Renewable energies is in great interest of developed countries that lack fossil fuels (Bosch et al., 2015). Even the environmental or social cost are not taken into account while meeting renewable resource demand in developing countries (Bosch et al., 2015). Government should take biomass sustainability into considerationRead MoreEnergy Sector Of Sri Lanka1449 Words   |  6 Pagesincreasing world population, high global energy consumption and depletion of global resources has challenged this objective resulting energy as one of the main concerns today’s world. Accordingly, this report focuses on analysing various issues faced by different governments related to energy and the strategies they have implemented to minimse them. 2.0 Issues related to Energy and Strategies using to Deal with them 2.1 Case 01- Energy Sector of Sri Lanka The issues face by Sri Lanka’s energy sector areRead MoreThe Burning Of Biomass And The Resulting Emissions1582 Words   |  7 Pagesnations have sought to escape environmental ruin through the expanded use of energy efficient and renewable technologies. Ethiopia’s renewable energy potential is considerable, with abundant biomass efficiency, biogas, solar, hydropower, wind, and geothermal possibilities available (Forum for Environment, 2010; Mulugetta Yacob, 2007). But to date, the potential in rural electrification through these renewable technologies, and the implementation of energy efficient technologies in biomass consumptionRead MoreWe Must Make The Switch From Non Renewable1634 Words   |  7 PagesIn addition, another reason we should make the switch from non-renewable to renewable resources is because renewable resources and energy do not cause as much harm to Earth as non-renewable energy. Some examples in which renewable energy and sources help Earth and its inhabitants are by producing little to no global warming emissions, improving public health/environmental quality, creating an inexhaustible energy supply, producing jobs, and maintaining stable energy prices. By reducing the amount

The Code Of Welfare Act Essay - 1436 Words

Introduction: The purpose of the code of welfare is to inform the owners of pigs, and people that are in contact with them, about the minimum standards that must obeyed by in order to meet there obligations under the animal welfare act 1999 (the act). There are several occurrences in this code where the stockperson/people are left to make a judgement on whether they are carrying out the animal welfare act appropriately, rather than it being prescribed. Within the minimum standards the stockperson/people are to make sure all Pigs physical health and behavioural wellbeing needs are met. New Zealand has a very small pig industry which only focuses on the domestic market , estimated at around 45,000 breeding sows are held and farmed in New Zealand. Producing roughly 70,000 pigs for slaughter each year. Positive aspects on the code of welfare act on pigs 1. The code of welfare on Pigs section 1.1 states general rules for the care of animals. This includes a duty of care’ by all animal owners/person in charge, to provide good welfare and ease pain and distress in pigs. (MPI 2010) The animal welfare (pigs) code of welfare 2010 is based on good practice and scientific understanding that ensures pig owners provide for physical , health and behavioural needs of their pigs so their wellbeing is accounted for at all stages of their lives. Pigs kept in farrowing crates are commonly 0.6-0.7m wide and 2.0-2.1m long allowing 1.2 to 1.5 square meters per sow. (CWF2000). In New Zealand aShow MoreRelatedThe Current Uk Animal Welfare856 Words   |  4 PagesThe current UK animal welfare legislations and their objectives are:  ¬ Animal Welfare Act 2006 This Act has for the first time introduced legislation for pet owners meaning that the owners have a legal duty of care to meet the five welfare needs of their pets. The welfare needs are also known as the five freedoms and they are the basic needs of any animal. The law also applies to people who are responsible for animals, such as breeders and those who keep working animals. (APGAW. No Date)  ¬ TheRead MoreCode Of Ethics And Ethics912 Words   |  4 Pagesessential for the organization to have a strong code of ethics to ensure all employees understand the ethical expectations of the organization. The code acts as a guide for employees to ensure they apply ethical decision making in the workplace. As the manager you will play an essential role in disseminating this information to employees as well as ensuring they are in compliance with the code. Employees must understand the consequences of failing to uphold the code and the importance of reporting ethicalRead MoreComparing Codes of Ethics Essays895 Words   |  4 PagesComparing Codes of Ethics The American Counseling Association and the American Mental Health Counselors Association Codes of Ethics both provide guidance and direction in making ethical decisions for their members (ACA, 2005) (AMHCA, 2010). Both the ACA and the AMHCA Codes of Ethics cover a wide range of moral and ethical situations that could present themselves to mental health professionals. Both of these codes of ethics have significant impacts on the counseling profession. The tools providedRead MoreThe Professional Engineers Of Ontario1384 Words   |  6 Pagespaper it will be evident that public welfare is paramount. This will be shown by how it ought to be enforced under the PEO, and how failure of the Ford Pinto was fueled by disregard for the engineering code of ethics. Under the Professional Engineering Act R.S.O 1990, the government of Ontario specifies the expected standards of professional engineers as related to Negligence and Professional Misconduct, the Code of Ethics, and Misconduct and Incompetence. â€Å"The Act gives PEO the power to make regulationsRead MorePublic Policy, Social Welfare Programs, Stakeholder Groups, And Joel Blau s Five Elements Model1347 Words   |  6 Pagesor its representatives†(Blau Abramovitz, 2014). One public policy that is gaining attention from United States Senators is the Expand Excellence in Mental Health Act. We can gain a better understanding of this act by taking a look at a recent public policy related to mental healthcare, the values in the Code of Ethics, social welfare programs, stakeholder groups, and Joel Blau’s five elements model. This will give us a better understanding into the social problem and public policy related to accessRead MoreA Report With Text Supported By Images, Phot ographs And Drawings As Appropriate1303 Words   |  6 Pagesto discuss the use of approved codes of practice to ensure compliance with health and safety legislation. 1) You must explain the use and importance of approved codes of practice to ensure compliance Approved code of practice consent from law and gives a legal practical advice to all the workers who are involved in construction work. If we follow all the advice from the ACOP we able to comply with the law in a good manner and our work will become easier. This code has been approved by the healthRead MoreThe Code Of Ethics And Education1366 Words   |  6 Pagesmain purpose of education lies in the enlightenment of mind that gives us and our children the ability to choose between what is moral and what is immoral. A code of ethics within any workplace is a set of written principles regarding conduct and behavior created by the organization to serve as a guide. The main objective of ethical codes is to give all employees and any intended parties a reference point that adheres to the company policy, standards, and beliefs. Within the Mobile County PublicRead MoreAnimal Welfare ( Dairy Cattle ) Code Of Welfare Essay1584 Words   |  7 PagesAnimal Welfare (Dairy Cattle) Code of Welfare 2014 Overview This code gives animal owner and the person in charge of the animals’ guidelines of minimum standard of care and management taken when caring for dairy cows in New Zealand. The code of welfare for dairy cows would be especially important as the dairy industry is becoming increasingly important in New Zealand, the high demand in dairy product would mean more farmers would have to provide adequate care and welfare for the ever increasingRead MoreThe Ethics Of Confidentiality From Oklahoma s State Regulation1644 Words   |  7 Pagesup held client’s confidentiality. To demonstrate these outcomes, the ethics of confidentiality will be examined from Oklahoma’s state regulation (2010) and the ACA Code of Ethics (2014). The various dilemmas and the awareness of both personal/professional competencies (both lacking and achieving) are exemplified in these ethical codes and regulations. The subtle/overt nuances of varying worldviews and cultural applications of confidenti ality will be gleaned from these standards. The responsibilityRead MorePrevention Of A Child Welfare Social Worker1601 Words   |  7 Pageschild welfare may be able to spot a possible child in need, particularly if she works in a school or other facility that caters to children. Signs that a child may be in need of the intervention of a child welfare social worker may vary. Children who are frequently getting in trouble, dealing with behavioral issues, or show signs of neglect or abuse are often the children that catch the eye of these types of social workers. Abuse and neglect, however, are major concerns for most child welfare social

A Brief Analysis of Saint Thomas Aquinas Essay example

All human beings develop at different rates, both physically and mentally. Furthermore, there are some special individuals that gain the ability to flourish in which they acquire a deeper understanding of life. This is usually is a result of one’s profound religious beliefs. Throughout history there has been scientific reasoning that has brought humanity to a higher domain of knowledge. Saint Thomas was born in 1225 and he came from a noble family from Naples, Italy. His work caused extreme controversially in his time. He is known for his greatest work Summa Theologiae. Saint Thomas Aquinas used scientific reasoning and logic to explain the concept of God. Thomas Aquinas setup the framework of this discussion as a question of whether or†¦show more content†¦But (actual) bread has the potential to become toast, and actual grain has the potential to become bread. Actual water, dirt, and air have the potential to become grain. To take away any of these actualities is ul timately to take away the potential for the student to be alert† (Archie). This example did an amazing job showing people how the actual and potential go together; both cannot exist without the other. According to Caleb Cohoe, says that â€Å"something is moved is itself moved, then it, too, must be moved by another, and that by still another† (Cohoe 7) and what is interest is that he does not believe in infinity because that would result in no first mover. The second argument is called Efficient Causes and argues that God must have been the creator of the universe. This argument states that every new production and event consists of the concept of cause and there must exist a first cause which itself is not caused by this series of productions and events. Saint Thomas thought that everything is caused by something else that caused it and people cannot have an endless stream of causes unless there is a being and that cause is called God. He believed that original cause is what people call God. The article went more in depth in order to evaluate his argument. First, they identified Aquinas’ premise to be the â€Å"ideal that nothing can be the efficient cause of itself† and nothing can be the cause of its own existence (Aquinas).Show MoreRelatedThe Relationship of the Mind and the Body: The Person1071 Words   |  5 Pagesand in the same manner as if it was still in union with its partner? In his book, Discourse on the Met hod and Meditations on First Philosophy, Rene Descartes analyzes the mind and the body as two entirely distinct and separate entities. Through his analysis, he concludes that the mind does not need the body to exist. Descartes argues that since we are at the basest form, â€Å"thinking things,† our bodily senses are not necessary to our minds and to knowing what truly does and does not exist in the worldRead More Flannery OConnors Short Fiction Essay examples3159 Words   |  13 Pageswriters, crass didacticism is abhorrent to her. Nevertheless, she achieves what no Christian writer has ever achieved: a type of writing that stands up on both literary and the religious grounds, and succeeds in doing justice to both. In this analysis, we will be looking at just how Flannery OConnor accomplished this seemingly impossible task, non-didactic Christian fiction, by examining elements of faith, elements of style, and thematic elements in her writing. While secondary sources are includedRead MoreMovement and Stasis in the Divine Comedy Essay2889 Words   |  12 Pageswould argue that it is from this primary example of the deep connection between the physical and the mental, that one can begin to categorise and explain the varying types of movement in the work. The first section of this essay will be a close analysis of several important moments of physical activity or the absence of such. The final section will be an overview of the whole and a discussion of the general structure of the Comedy, how movement is governed and the implications of this. To beginRead MoreTheology of the Body32011 Words   |  129 Pagescontrol his own body in holiness and honor, not in the passion of lust like heathens who do not know God.† He contrasts â€Å"holiness† to â€Å"uncleanness† (v. 7). Purity is a virtue, or capacity, for self-control. It must be rooted in the will, or as St. Thomas Aquinas says, in the concupiscible appetite. Purity contains the impulse of sensitive desires and is a form of temperance. But purity also allows for controlling the body in â€Å"holiness and honor.† This abstinence and control are mutually dependent; one

Gucci Case free essay sample

Is Gucci good at strategy? ! ? When Tom Ford was in charge, the business was more design-focused control was centralised there were disputes between Tom De Sol regarding managerial control ? With the appointment of Robert Polet, control became decentralised and each brand was given direct control over its label appointed relatively unknown designers # very controversial move ? PPR bought back the 20% stake that LVMH owned, acquired more brands and entered into franchising ?Although some brands in the Gucci Group portfolio are not very profitable, they still have a high brand equity, which contributes positively towards the strategic advantage #? Although Gucci’s strategy was controversial and risky at the time of its conception, it has influenced current businesses and helped the company become more profitable #? Gucci is good at strategy The Luxury Goods Sector Products Apparel, leather goods, shoes, fragrance, cosmetics, jewellery, watches # Accessory spending to experie nce most growth, whilst watch cosmetics consumption has slowed (Bain Company, 2013) Geographic scopeUSA, Europe, Central South America, Asia, Middle East Buyers High-class middle. class. Intelligent, individualistic individuals with strong values principles. Are demanding, have high expectations a disposable attitude. (Okonkwo, 2007) Competitors Kering, LVMH, Richemont Group, smaller niche brands (eg Goyard) Suppliers Specialised, often family-run production sites – but also factories in Asia Middle-East Substitutes Wines Spriits Potential entrants High-tech luxury goods Level of profitability Revenues expected to grow 50% faster than global GDP 4-5% growth expectancy for 20135-6% annual average growth expectancy through 2015 (Bain Company, 2013) Long-term profitability Predicted to be 5x larger in 2025 than it was in 1995 Recent likely future changes China to become highest consumer of luxury goods Middle east south-east Asia sales growing Importance of menswear to increase E-Tailers that sell luxury goods to create own-brand luxury good offerings? Aspects that may be affected by competitors, new entrants or potential entrants Importance o f customer experience Retail management Talent within the company ! The Luxury Goods Sector Threat of new entrants Low Bargaining power of suppliersMedium high High switching costs for industry players Medium to low degree of product differentiation Low supplier substitute availability Low threat of forward integration into the industry High capital requirements High demand-side benefits of scale economies of scale Rivalry among existing competitors Medium High amount of competitors Medium High exit barriers High rival familiarity Medium price competition Threat of substitutes High High offer of attractive priceperformance tradeoff Low switching costs Bargaining power of buyers Medium Medium brand loyalty (more brand loyalty is at the veryhigh end of the luxury sector) High fixed costs Low switching costs Medium to high product standardisation High importance of product performance Medium to low price sensitivity The Luxury Goods Sector ! ? Stable There is re latively little threat of new entrants ? Longitudinal – the industry is not as gravely affected by economic downturn ? Difficult supply-chain management because there is a trade-off to having sustainable, specialised suppliers # they have higher negotiating power ? High threat of substitutes ? Customers are loyal and do not have as much bargaining powers as they do in the high-street sector ?Rivalry between competitors is not as high as it is in the high-street sector What does this imply about the strategy Gucci should adopt? ? Strengthen the brand image to combat the threat of substitutes ? Strengthen the relationship with their suppliers Gucci SWOT Analysis Strengths †¢? †¢? †¢? †¢? †¢? †¢? World’s third largest luxury retailer Strong managerial presence since the arrival of Polet Brand portfolio is easy to handle Perceived quality value of the leather goods Strengths of brands such as Bottega Venetta, Alexander McQueen etc that have r ecently established themselves Shift to decentralised control (with 3-yearbusiness plans) Opportunities †¢? †¢? †¢? †¢? Expansion into the growing luxury markets Enter the technological sector Update store concept retail experience – more technology Collaborations with other brands celebs Weaknesses †¢? †¢? †¢? †¢? †¢? †¢? †¢? Less diversified brand portfolio than other competitives in the sector Residue of cheapened brand image YSL being unprofitable Timing of new strategy implementation Appointment of relatively unknown designers Disruption when three dozen managers left upon Tom Ford’s leave Robert Polet’s lack of experience in the fashion sector or luxury markets Threats †¢? †¢? †¢? †¢?†¢? Economic downturn/instability Imitability – fast fashion Less licensing Prada entering into the technology sector LVMH, especially Louis Vuitton Strategic group analysis Hermes Luxury Chanel Bottiga Venetta Burberry Celine Givenchy GUCCI LV Kenzo Loewe Traditional Innovative Marc Jacobs Ralph Lauren Longchamp Affordability Michael by Michael Kors How should Gucci adapt its strategy to maintain its position? ! It might be the time to change the strategy again! ? Should position themselves to become more innovative make their product offering more varied (include more very high priced, limited items)? Refresh their image – become more edgy and contemporary !? Eg create cooperations between different brands within the portfolio !? Strengthen the Gucci brand further before adding even more brands to the portfolio !? Celebrity endorsements Prediction for the future of Gucci ! ? They will ‘stay in the game’ ? The brand needs some help to reinvent itself its image through contemporary advertising campaigns, better visual store concepts, social media techniques etc otherwise it may run the risk of losing its brand voice ? Create a new values Thank yo u! If you have any questions please feel free to ask

You Dont Know Me free essay sample

(first of all, Im a junior and this is one of many essays ill be writing (all in different tones and with different topics) before I begin the application processALL FEEDBACK IS WELCOME, DESIRED, AND APPRECIATED!) Everyone has a story. That person you stood behind in line at the grocery store, the stranger in front of you on the bus, your coworker with the grumpy demeanor and sketchy glancethey arent just bodies walking around with eyes to look and mouths to speak. Theyre people, each with their own fears, their own hobbies. Memories upon memories are stacked up like books on the shelf of their being. Thoughts, ideas, opinions flow through them just as miraculously and randomly as yours do. Every person near you, every stranger on the street, every face in a picture, is a miracle of personality, skill, dreams, and flaws. Wrapped in a body, protected by bones, given a face with which to utilize as he/she so chooses, a mouth to speak words, eyes to watch and witness, and ears to listen. We will write a custom essay sample on You Dont Know Me or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Contrary to the social stigmas that appear in books, movies, and daily conversation, there is no such thing as a boring person. Im not here to convince you that Im the most interesting of your applicants, the most skilled, the smartest, or that Im somehow a level above the others that have applied. Im not about to criticize the general population by attempting to persuade you that everyone else is boring, and that my thoughts, ideas, memories, experiences, fears, dreams, flaws, and skills are in any way shape or form of a higher caliber than the next applicant you look at. Im just going to tell you about one face, one pair of hands, one mind: my own. As simply and as straight-forward as I possibly can. I dont trust you. And if I ever meet you, Its a pretty safe bet that I never will. I dont trust my best friend, my boyfriend, my foster-parents, my brother, even my therapist. And, truth be told, I dont think you trust anyone either. As cynical and pessimistic as this sounds, trusting someone 100%, in my opinion, is one of those things like PERFECTIONgreat to strive for, nice to dream about, impossible to attain. Try not to be offended for a minute, clear you head of images of loved ones, and think about it briefly. Do you trust yourself? Do you know what your flaws are and your defense mechanisms? Maybe so. Can you honestly tell me that you know EXACTLY how youd deal with cancer (sadness, hysteria, anger, denial, accaptance), or having your loved ones all die in a tragic accident (depression, neurosis(), suicide)? Its hard to pinpoint our own flaws and assets, to trust our judgements and reactions, and to have faith that we know every particle and miniscule pebble in the ocean of o ur personalities. Thus, how can we expect to fully trust someone else, when COMPLETELY trusting the brain inside our bodies, the steadiness of our hands, the clarity of our own toughts is so impossible? I cant verbally communicate my thoughts nearly as accurately and as adequately as Id like to be able to. The word uhh doesnt represent a space in my thoughts so much as a filler for verbal communication, used in the middle of sentances as thoughts continuously converge and connect, almost in place of a comma. Like is the same way. Thank you, decades of teen-oriented films, for giving the word like such a negative connotation that people that dont know me can so easily assume that Im a ditz, an airhead with nothing important to say. Without the 2D world, I would be a mess. My ideas, thoughts, and bits of epiphonies and creativity would be a disaster, a mess of confusion just swimming aimlessly around the muscle that is my brain. Weather its art or writing, I have plenty to say and a means of expression. Dont get me wrong, Im a talkative young woman. But sometimes my thoughts are a few steps ahead of my mouth and so I talk at a pace that seems to require maximum attention of the peopl e that find the energy to listen to me. With a pen in my hand, my brain slows down, everything melts into one stream of words or one line of ink and the process of expression becomes my only salvation. In this mode, I am untouchable. Unbotherable. Weather im in a crowded classroom or by the waterfall in the woods behind my house, nobody can see me, not a soul can hear me, and I am completely alone with my thoughts. Im gonna pull a trick from the ole generic essay question hat and describe myself in three words. Although this always starts out with me describing six or seven characteristics that im (call me concieted) proud of and narrowing it down to three, Im going to use the words that OTHER people have used in describing me. I hear the word creative more than anything else. People that have seen my portrait drawings will use that word, and people that hear my theories about the universe, religion, or the book 1984 might use that word. Creative is generally applied to something artistic in nature. Id like to think that it also applies to a way of approaching life. A way of thinking, or perhaps a way of living. By striving to think outside the box and avoiding stereotypical patterns of thinking and reacting, I make a consisted effort to use and apply creativity in other areas of my life in addition to art. In some ways it comes naturally, and in others I have to stop and think about it. Happy is another trait that some people would use to describe me. Hard to beleive, isnt it, given the gloomy nature of my second paragraph? Happy. What a corny word. By definition, it is characterized by or indicative of pleasure, contentment, or joy. I question the validity of my own happiness. I dont know if that is normal or if itnt, but I wonder at times if its a facade or a side-affect of ADHD, a sort of mask or malfunction of the wires in my brain. I smile a lot, thats for sure. My ever-changing and loud laugh would be indicative of happiness butI dont know. Small things bring me pleasure, if thats happiness. I smile when I see a baby laugh or witness someones personal miracle, if thats happiness. I get excited about petty details in my life and make jokes left and right, if thats happiness. Whatever happiness really is, a large portion of its meaning must apply to me, and ill refrain from expressing my doubts and pointless criticisms and accept the compliment. My 8th grade teacher , who is now my foster-dad and has been for the past 9 months, once told me that one of my best traits was my curiosity. Last time he said this, I had just showed him a youtube music video of a band and told him to pay attention to the bassist/singer. At the end of the video, I told him that the man with the bass guitar and gruff voice was my biological dad, whom id sporadically researched for the past couple years given what little I knew about him. That was about a month ago, and Ive since exchanged emails with him and his daughter (my half-sister) several times, shedding light on a corner of my history id always wondered about. The first time he used the description was in 7th grade, when he began to see how much of a reader i was in comparison with my classmates. It used to bug me how hed use me as an example to the others. Praise feels good, theres no denying that. But I didnt see how my addiction to books was a sure-fire sign that I was curious. In retrospect, I suppose it mak es sense. Spending most of my life in a town with less than 600 residents, my only worldy experiences were during my toddler and small child years, when I lived in Toronto, Ontario. Given the opportunity, I would read for hours on end about anything from the Salem witch trials to the Holocaust to the fantastic world of Pendragon, a time-traveller. In more recent years, my interest in psychology, religious controversy, global warming, or the inner workings of the civil rights movement COULD be attributed to this alleged curiosity. And stillYou dont know me. Youve hardly grazed the surface of who I am as a person, having only basic knowledge of how I run, who I am, and what I enjoy. I tried to make it as clear and in-depth as possible, but the limitations of the universe dont allow me to send my memories, experiences, ideas, thoughts, personality traits, hopes, dreams, flaws, and skills in an envelope. As a writer, Its disappointed to read through this essay and realize that you STILL dont really know me, and probably never really will. Youve read my story, and you know as much about me as the next person. I dont have to KNOW you to predict what youre about to do. Youll put this essay in a pile. That pile may be a GOOD pile or a BAD pile or a MAYBE pile. Youll then move on to the next application or the next essay, ready to judge them based on how well they present themselves on paper. I understand and Im not criticizing. You dont have the time, the opportunity, or the ability to spend hours talking with someo ne, learning their secrets and fears, the tiny tidbits of information that are the fiber of their being. The best you or anyone else can do is give someone the opportunity to express themselves and illustrate who they are and what theyre about as best as they possibly can, given an application, a series of questions, an opportunity to write an essay, and maybe submit a portfolio. Ive tried my best to do this, and I cant honestly tell you Ive worked any harder than the next essay you read or the next application you review. I cant rightly tell you that I am any better or smarter or cooler or more fashionable or more creative than the next guy or girl in line. But, in all honestly, I really cant see living any other way. Knowing everything about a person might not even be desireable. After all, the shreds of mystery that humans naturally retain is what makes us each interesting. Would we have it any other way?