Marketing and Politics :: Globalization, Culture, Informative

Global and Domestic Marketing Cultural: Globalization is an inevitable process, and so are the inevitable issues with different cultures. On the one hand, the world is becoming more homogeneous, and distinctions between national markets are not only fading but, for some products, will disappear altogether. This means that cultural difference is a global issue, not just the United States. On the other hand, the differences among nations, regions, and ethnic groups in terms of cultural factors are far from resolved. It is suggested that the claims for "a right to culture" by national states in recent years can be important criteria for trade policy making, intellectual property rights protection, and the resource for national interests. From a marketing point of view it is very important for marketers to realize the sensitivity of cultural differences. To be aware of and sensitive to the cultural differences is a major premise for the success of the marketplace. To determine the cultural understanding of market means that the professional should positively identify cultural factors that can be used to ease any marketing program. These factors may or may not exist in the targeted markets. One must also keep in mind that marketing can also influence culture. Such is the case in Mexico, where the United States has had such a cultural influence. Currently all the Jones in Mexico want to bye American product and mimic what Americans do. Promotion, for instance, is strongly influenced by the language. Product acceptance is affected by culturally based attitudes towards change. And distribution is influenced by social institutions, such as Versace.

Analysis of the Credit Card Industry in Turkey Essay

The current Turkish government is very pro western and secular, however its divided religious loyalties, issues surrounding Greek sovereignty rights and fundamentalist groups threaten the expected 5 year stability of this administration. Government involvement in banking The Turkish Government has a history of involvement in banking affairs which is of concern to international investors. The Turkish state owns and finances a number of its banks and provides artificial stability to the banking system through state funded initiatives. The Government has also tailored wages in line with inflation rates e. g. minimum wages rates. With recent IMF intervention the long term plan for Turkey is still not absolutely clear. EU Membership The Turkish Government is pro EU membership and this is potentially the biggest paradigm shift on the horizon for Turkey’s financial system, this factor is further dealt with as a key driver. Economic †¢ Interest Rates Low interest rates in Turkey fuel loan take-up and have caused increase in credit card issue. Historically higher interest rates led to more widespread loan default and meant that less switching occurred as consumers were â€Å"tied† to provider. Economic growth in Turkey, with higher levels of middle and upper income, urban dwelling professionals and better access to continuing education has undoubtedly increased credit card take-up. (This could also be construed as a social factor). †¢ Global financial crisis The effects of the global financial crisis will have a major effect on banking restrictions to lending and credit availability in Turkey. Turkey’s export markets will be likely affected by the ongoing crisis which has a major effect on GDP which in turn affects spending power. Social †¢ Higher standard of living Higher standards of living among consumers have a beneficial knock on effect for credit cards issuers. In Turkey 7. 5% of GDP is invested back into education thus consumers are more financial savvy. †¢ Urban/Rural Divide Urban dwellers have a much higher likelihood of credit card use given their potential for access of issue and probability of a regular wage earning role. As the economy develops Turks are increasingly moving off the land from poorly paying seasonal work to the cities that offer a better chance of regular income and personal development. Technology †¢ E –Commerce Worth in excess of 2 billion euro to the economy and with 16 million people accessing the internet E-Commerce is a huge growth area and potential distribution channel for the credit card industry. It is also a medium for information driven purchasing through advertising potential and its access is furthered through telephone technology integration. †¢ SMART Cards The security afforded to the credit card industry through use of SMART cards has a beneficial affect on usage through; 1. Increased level of merchants accepting the facility 2. Security for use in Internet Cafes (here large numbers access the internet) 3. Security of service has become a battleground for competition among issuers Coupled with the above technologies, the explosion in EPOS facilities mean more access to products and services through credit card use, homogenising the myriad of potential transactions and benefiting both consumer and merchant. ATM’s also have further facilities to enhance the benefits of using plastic such as bill pay, mobile kiosks etc. Legal †¢ Intervention of Government/Key official Institutions There have been widespread changes in the law in Turkey affecting the credit card industry such as; 1. Restriction on credit card limits . Illegality of altering terms without informing consumer 3. Increases in minimum payment required 4. The Central Bank’s lowering of the interest rate cap 5. Loosening of the frameworks around mergers and acquisitions All of these interventions alter the attractiveness of the market for the credit card industry, which was historically fraught with lack of reg ulation and anti-consumer practises. Identify the 4 KEY DRIVERS FACING THE CREDIT CARD SECTOR 1. Technological Advances 2. State Intervention in Financial Affairs 3. EU membership 4. Rural-Urban Migration Technological Advances The rapidly advancing technology in the field of mobile payment will have a lasting effect on the credit card industry. Companies that can stay ahead of the game with new technologies in security, risk management and will be best placed to benefit from increased A physical â€Å"credit card† is really only a vehicle to hold a magnetic strip containing coded information. In terms of technology this is already quite dated; †¢ Already systems are designed to â€Å"swipe† a card on a merchant’s mobile phone, this will allow for a myriad of services which will no longer require cash transaction e. g. street traders. Advances in retina scanning technology are also at an advanced level and it is envisaged that the future of mobile payments may be through facial recognition or retina scanning. †¢ Other technology such as what is used in â€Å"The Baja Beach Club in Barcelona† where they inject a rice-size â€Å"VeriChip† RFID device into the wrist or upper arm of its patrons whom pay by swiping their arm – adapted from http://www. creditcards. com/credit-card-news/credit-cards-of-the-distant-future State Intervention The level of further state intervention in Turkey’s financial affairs will be a key driver in Turkey’s future credit card success or decline. As we have seen, moves by the government to regulate the industry have impacted on the potential earnings of the banks through lowering interest rates. In turn this type of regulation has stabilised the markets and led to economic growth which impacts positively on numbers of consumers available to the sector. Whether the current â€Å"Republican Democracy† in Turkey will be in power going forward is obviously of importance to this argument. With elections due in 2011 the future of state intervention in banking affairs is unclear. EU Membership Turkey becoming a full member of the EU will be another key driver in the credit card industry. EU entry will mean the freeing of trade and access to a further 500 million consumers. It is most likely that Turkey would be a more attractive market for global companies, of interest here, financial organisations who would be attracted by the large numbers of â€Å"unbanked† consumers and those who see Turkey strategically as the gateway to Eastern markets. The credit card market would likely become much more competitive with new entrants who would most likely look to merge with/acquire existing indigenous banks. Rural-Urban Migration According to the case study the majority of people in the rural areas of Turkey tend not to be credit card users. As the economy improves larger numbers of rural people (especially male) will likely move towards the larger urban centres to participate in the industrial or service sectors. This in turn leads to greater numbers with the potential to use credit cards, in turn offering greater numbers of potential consumers to the sector. SECTION 2 – Porters 5 Forces 2. Use the five forces framework to identify the forces affecting the Turkish credit card sector a. Graphically illustrate the five forces (see overleaf) b. Draw conclusions from the 5 forces analysis to explain; 1. How attractive the sector is I consider the Turkish credit card sector to be an attractive market for a large multinational e. g. BNP or Barclays to enter. From my analysis I have concluded that consumers are fragmented and suppliers are concentrated. Rivalry is high, yet only among 4 suppliers, considering rivalry in an industry such as haulage this must be considered attractive. Capital requirements of entry are high, but not on the scale of industries such as mining might be. Economies of scale and experience exist, however for companies already in credit card markets in other countries by no means insurmountable. The threat of substitutes is relatively low as the credit card holds a relatively niche position. Product differentiation/loyalty is low among existing consumers; good offers would attract new business, as would strong internet presence. Turkey has; â€Å"40 percent of people who are bankable based on their socio-economic status and age in Turkey are still â€Å"unbanked,† having no accounts with any banks in Turkey â€Å" (www. mckinsey. om/clientservice/†¦ /Credit_Cards_in_Turkey. ashx) This data identifies a large section of the Turkish population who are potential consumers for a new entrant; therefore the market could potentially grow significantly for all players involved. 2. How the competitive forces are changing/may change The competitive forces are currently changing most notably in areas such as consumer access to inform ation. More widespread access and use of the internet will drive further competition in the market through portals such as comparison websites, industry reviews etc. This will ultimately increase bargaining power of consumers, leading to decreased profits for suppliers. EU accession would alter the competitive forces among the major players currently in the sector. Interest rates set by the ECB, participation in the single currency etc. would have a significant impact on the state financed banking institutions and would alter their relevance. One would suspect that in a free market system the Turkish government would relish the opportunity of divesting the burden to international organisations to increase competition. With increased market stability and better financial education, consumer’s use of substitutes may extend to less expensive forms of credit such as personal loans. Coupled with better economic conditions consumer’s use of debit cards may also increase; given that currently lower income workers struggle to maintain a balance sufficient to cover their living costs. 3. How the sector may change to reflect changing forces The credit card sector can move more of its marketing budget toward E-Marketing and target new and younger consumers through this medium. MBNA have used this marketing channel very successfully in the past. In order to combat increased uptake of personal loans and increased use of debit cards the credit card sector may look at collective lower interest rates, better offers through loyalty bonuses and customer kickbacks and better education of its customers as to how to better use their credit cards. In order for the credit card sector to prepare for increased competition post EU accession it may look to further differentiate its offerings to appeal to the Turkish people e. g. align the credit offering with cultural values or emotions. It might be necessary to offer further services aligned to credit cards such as life insurance to augment and differentiate the offering. 3. Scenario Planning Scenario 1 â€Å"Renewed Political/Terrorist Violence in Turkey† In recent years, terrorist bombings – some with significant numbers of casualties -have struck religious, political, and business targets in a variety of locations in Turkey. The potential remains throughout Turkey for violence and terrorist actions both by transnational and indigenous terrorist organizations such as PKK, . Revolutionary People’s Liberation Party/Front (DHKP/C) and AlQa’ida. Adapted from http://www. eubusiness. com/europe/turkey/invest) Given Turkey’s increasing dependence on foreign direct investment a return to more concerted campaign of political violence would spell disaster for the credit card industry. Large financial corporations, especially US owned would be deterred from entering the market, or potential ly pull out of the market thus decimating competition. Access to sources of international credit and lending would dry up therefore affecting consumer’s ability to purchase products and services on credit. Turkey’s export market would potentially be destroyed as Western nations would deter from transacting in case monies were being skimmed to fund further terrorist activity. This would further lower the GDP of the country affecting the spending power of consumers in turn negating the need for credit cards. Further knock on effects of violence include the loss of capital Governments have available to invest in its economy, on education and infrastructure. Government capital would have to be spent on further military and security projects. The tourism industry, a huge earner for Turkey would be decimated as travelers would fear the threat of violence. The black market economy would thrive under such conditions and regular banking functions would significantly cease with many consumers using cash/barter systems of attaining needs. With respect to the Credit card sector, this scenario would be highly detrimental to its future, as consumer confidence in the financial service sector would be decimated. The sector would have to pour vast resources into transaction security and marketing the brand safety and correct usage policies to consumers. Default numbers would likely increase due to instability and escalating interest rates. Scenario 2 â€Å"Turkey Gains Full EU Membership† â€Å"The EU is committed to supporting Turkey in its path for membership. The initial objective of EU financial support towards Turkey was the extension of an area of peace, stability and prosperity within and beyond Europe. Once the Union accepted Turkey as a candidate, financial assistance began to focus on supporting Turkey in its preparation for EU membership† http://www. eubusiness. com/europe/turkey/funding A study on the EU (http://europa. eu/rapid/pressReleasesAction. o) reported the following economic benefits of a country joining the EU; 1. An average of 2. 15% increase in GDP 2. Exchange rates for Turks travelling through Europe would be eliminated, as would the potential damaging effects exchange rate swings have on Turkish exports. I would assume that the credit card sector would become significantly more competitive in the light of EU membership therefore the sector would have to increase its marketing and branding spend, but would have a larger pool of consumers to choose from.

Short Run and Long Run

A2 Markets & Market Systems Short Run and Long Run Production|   | As part of our introduction to the theory of the firm, we first consider the nature of production of different goods and services in the short and long run. The concept of a production functionThe production function is a mathematical expression which relates the quantity of factor inputs to the quantity of outputs that result. We make use of three measures of production / productivity. * Total product is simply the total output that is generated from the factors of production employed by a business.In most manufacturing industries such as motor vehicles, freezers and DVD players, it is straightforward to measure the volume of production from labour and capital inputs that are used. But in many service or knowledge-based industries, where much of the output is â€Å"intangible† or perhaps weightless we find it harder to measure productivity * Average product is the total output divided by the number of units of the variable factor of production employed (e. g. utput per worker employed or output per unit of capital employed) * Marginal product is the change in total product when an additional unit of the variable factor of production is employed. For example marginal product would measure the change in output that comes from increasing the employment of labour by one person, or by adding one more machine to the production process in the short run. The Short Run Production FunctionThe short run is defined in economics as a period of time where at least one factor of production is assumed to be in fixed supply i. e. it cannot be changed.We normally assume that the quantity of capital inputs (e. g. plant and machinery) is fixed and that production can be altered by suppliers through changing the demand for variable inputs such as labour, components, raw materials and energy inputs. Often the amount of land available for production is also fixed. The time periods used in textbook economics are somewhat arbitrary because they differ from industry to industry. The short run for the electricity generation industry or the telecommunications sector varies from that appropriate for newspaper and magazine publishing and small-scale production of foodstuffs and beverages.Much depends on the time scale that permits a business to alter all of the inputs that it can bring to production. In the short run, the law of diminishing returns states that as we add more units of a variable input (i. e. labour or raw materials) to fixed amounts of land and capital, the change in total output will at first rise and then fall. Diminishing returns to labour occurs when marginal product of labour starts to fall. This means that total output will still be rising – but increasing at a decreasing rate as more workers are employed.As we shall see in the following numerical example, eventually a decline in marginal product leads to a fall in average product. What happens to marginal product is linked directly to the productivity of each extra worker employed. At low levels of labour input, the fixed factors of production – land and capital, tend to be under-utilised which means that each additional worker will have plenty of capital to use and, as a result, marginal product may rise.Beyond a certain point however, the fixed factors of production become scarcer and new workers will not have as much capital to work with so that the capital input becomes diluted among a larger workforce. As a result, the marginal productivity of each worker tends to fall – this is known as the principle of diminishing returns. An example of the concept of diminishing returns is shown below. We assume that there is a fixed supply of capital (e. g. 20 units) available in the production process to which extra units of labour are added from one person through to eleven. Initially the marginal product of labour is rising. * It peaks when the sixth worked is employed when the mar ginal product is 29. * Marginal product then starts to fall. Total output is still increasing as we add more labour, but at a slower rate. At this point the short run production demonstrates diminishing returns. The Law of Diminishing Returns | Capital Input| Labour Input| Total Output| Marginal Product| Average Product of Labour| 20| 1| 5|   | 5| 20| 2| 16| 11| 8| 20| 3| 30| 14| 10| 20| 4| 56| 26| 14| 20| 5| 85| 28| 17| 20| 6| 114| 29| 19| 20| 7| 140| 26| 20| 0| 8| 160| 20| 20| 20| 9| 171| 11| 19| 20| 10| 180| 9| 18| 20| 11| 187| 7| 17| Average product will continue to rise as long as the marginal product is greater than the average – for example when the seventh worker is added the marginal gain in output is 26 and this drags the average up from 19 to 20 units. Once marginal product is below the average as it is with the ninth worker employed (where marginal product is only 11) then the average will decline. This marginal-average relationship is important to understanding the nature of short run cost curves.It is worth going through this again to make sure that you understand it. Criticisms of the Law of Diminishing ReturnsHow realistic is this notion of diminishing returns? Surely ambitious and successful businesses do what they can to avoid such a problem emerging. It is now widely recognised that the effects of globalisation, and in particular the ability of trans-national corporations to source their factor inputs from more than one country and engage in rapid transfers of business technology and other information, makes the concept of diminishing returns less relevant in the real world of business.You may have read about the expansion of â€Å"out-sourcing† as a means for a business to cut their costs and make their production processes as flexible as possible. In many industries as a business expands, it is more likely to experience increasing returns. After all, why should a multinational business spend huge sums on expensive research and development and investment in capital machinery if a business cannot extract increasing returns and lower unit costs of production from these extra inputs? Long run production – returns to scaleIn the long run, all factors of production are variable.How the output of a business responds to a change in factor inputs is called returns to scale. * Increasing returns to scale occur when the % change in output > % change in inputs * Decreasing returns to scale occur when the % change in output < % change in inputs * Constant returns to scale occur when the % change in output = % change in inputs *    A numerical example of long run returns to scale| Units of Capital| Units of Labour| Total Output| % Change in Inputs| % Change in Output| Returns to Scale| 20| 150| 3000|   |   |   | 0| 300| 7500| 100| 150| Increasing| 60| 450| 12000| 50| 60| Increasing| 80| 600| 16000| 33| 33| Constant| 100| 750| 18000| 25| 13| Decreasing| In the example above, we increase the inputs of capital and labour by the same proportion each time. We then compare the % change in output that comes from a given % change in inputs. * In our example when we double the factor inputs from (150L + 20K) to (300L + 40K) then the percentage change in output is 150% – there are increasing returns to scale. In contrast, when the scale of production is changed from (600L + 80K0 to (750L + 100K) then the percentage change in output (13%) is less than the change in inputs (25%) implying a situation of decreasing returns to scale. As we shall see a later, the nature of the returns to scale affects the shape of a business’s long run average cost curve. The effect of an increase in labour productivity at all levels of employment Productivity may have been increased through the effects of technological change; improved incentives; better management or the effects of work-related training which boosts the skills of the employed labour force. |

Free Essays on Definition Of Proverty

take on more specific intentions. Indigence states a severely straitened circumstance as in assets. Penury makes a suggestion at a restricting or repressive scarcity of funds. Want and destitution allude to a profound poverty, which endanger one’s physical safety. The examples of so... Free Essays on Definition Of Proverty Free Essays on Definition Of Proverty In Webster’s Dictionary, poverty means â€Å"the state of one who lacks a usual or socially acceptable amount of money or material possessions†. Poverty by any means is devastating. The general definition of poverty is a â€Å"complete lack of something.† One can lack many things from social poise to spiritual guidance. Material means are only the tip of the iceberg. It is conceivable for a person to be poverty stricken and unaware of it. The cultural effects of poverty are socially, economically, spiritually, and mentally devastating to the general population. I was raised to believe poverty is not only materialistic. One can have everything and still be poor. Mental poverty is the complete lack of thought and formal education. Social poverty implies a complete lack of social encounters and refinement. Spiritual poverty implies a total indigence in the matters of spiritual guidance, divine faith, and fellowship of community. Economical poverty is a lack of material means needed for survival. Many dictionary definitions can be very misleading. They often lack the depth needed for understanding of vocabulary. American society often creates alternative meanings for many words in the English language. Poverty often has a social definition filled with barbarians. People often confused people of low financial resources with uncivilized savages. I personally find that social stigma to be alarming. One cannot judge someone by purely tangible possessions. People are more than just money, social status or political power. â€Å"Poverty may cover a range from extreme want of necessities to an absence of material comforts† (â€Å"Poverty†). Many words take on more specific intentions. Indigence states a severely straitened circumstance as in assets. Penury makes a suggestion at a restricting or repressive scarcity of funds. Want and destitution allude to a profound poverty, which endanger one’s physical safety. The examples of so...

An Insight to Small Business Professor Ramos Blog

An Insight to Small Business Small businesses are corporations, partnerships, and sole proprietorships that have less employees along with revenue because they are not the same size as a â€Å"regular† corporation that operates on a larger scale. Small businesses offer services such as convenient stores, small grocery stores, restaurants, bakeries, hairdressers, tradespeople such as carpenters and electricians, photographers, and some small-scale manufacturing such as toy manufacturing, being a smart phone accessory maker, or a plastic container manufacturer. Most small businesses are sole-proprietor operations meaning they provide low income for doing things like selling prepared hot food on the street. Small businesses can range from fifteen employees to no more than five thousand. According to Jason Nazar’s contributed statistics in Forbes, there are almost 28 million small businesses in the United States, with approximately 543,000 of these new businesses starting up each month. United States small businesses employee nearly 60 million people, which is nearly 40 percent of the private workforce, and they have generated over 65 percent of new jobs since 1995. Firms with fewer than one hundred employees actually hold a wide variety of the over all small business employment (see Figure 1 for the ratio between firm size to employment).   https://www.sba.gov/sites/default/files/March_April_2016_FINAL_508_compliant.pdf Aside from the small businesses that maintain full-time or part-time employees, there are businesses that employ nobody other than the owner themselves. A nonemployer business is one that has no paid employees, annual business receipts of $1,000 or more and must pay federal income taxes. Most nonemployers are self-employed individuals operating very small unincorporated businesses, depending on the owners source of capital (money). Nazar states that around 75 percent of all United States businesses are nonemployer businesses and that around 80 percent of these non-employee businesses reported less than $50,000 in receipts which is considered low income even though over 22 million are self-employed and can take in all revenue made. These statistics show that it can be extremely challenging to invest into your own small business venture, but sometimes the ambition does prove to pay off in the long run. Even though starting up your own small business may require a lot out of you physically and mentally, the financial cost of starting up is not as large as Americans make it out to be. The annual cost of starting up a small business can be as low as $3,000, however most home-based franchises cost $2,000 to $5,000 to start. If you’re someone who is interested in a career focused on web design or computer programming then you can even start your small business online, which can be most beneficial for networking connections through social media or running a website. According to eMarketer, an online digital marketer, there was a 24.8 percent increase in the annual Online Small Businesses, the global worldwide sales reached $2.304 trillion and online businesses accounted for 58.9 percent of those sales (Pilon). As online business continues to be a larger factor of the retail market around the world, getting your business ideas online can be a convenient way to network with people a round you and if you’re lucky all that you really need to get your business started is that first good connection. Online businesses are growing at double digit rates and you need to be able to capture the public’s attention and expose your latest online business ideas to encourage growth within your own business. If you have started a small business then I’m sure you have struggled with some sort of lack in cash flow which is a very common difficulty that business owners experience. In 2014,   220,000 establishments (small businesses) started in the United States and 205,000 exited the United States due to not having enough revenue (Nazar). Every business has its own financing needs; experts have some tips to help you figure out how much cash you will actually need to start your own small business. Entrepreneur Drew Gerber, who started a technology company, a publicity firm and a financial planning company, estimates that an entrepreneur will need six months’ worth of fixed costs just to start their own small business. Gerber instructs, â€Å"Have a plan to cover your expenses in the first month, Identify your customers before you open the door so you can have a way to start covering those expenses†. One of the main reasons most small businesses fail is that they simply run out of cash. Writing a business plan without basing your forecasts on reality often leads to an unfortunate, and often unnecessary, business failure. Without the benefit of experience or actual historical financials, it’s easy to overestimate a new company’s revenue and underestimate costs (McCahon). Twenty percent of small businesses fail in their first year, thirty percent of small businesses fail in their second year and fifty percent of small businesses fail after five years. Finally, thirty percent of all small businesses fail in their tenth year in business (Georgia McIntyre). There are many reasons why small businesses fail but a few things that tend to do harm are: Capital access (access to money), cash flow, lack of demand, and poor management. One of the major problems with small businesses is capital, as of 2015, seventy-three percent of small business owners weren’t able to access enough capital for their business ( https://www.fundera.com/blog/what-percentage-of-small-businesses-fail). This means that even if the money existed in a business account, a business owner cannot access it when needed for business operations, making it extremely challenging to run your business efficiently. California governmental agencies, small business organizations and state legislators come together every year to recognize that owning and starting your business is hard work. This annual event honors a few of the millions of small business that serve as â€Å"the economic engine of California†. Small businesses are engrained in California’s communities and economy contributing to 75 percent of California’s gross state product and over half of the states private sector jobs. â€Å"California Small Business Day† also allows business owners from across the state to connect with other business owners in an effort to learn from or gain insight from fellow entrepreneurs. According to a small-town and successful business owner, John Hackney, â€Å"This business can either make or break you, you have to be willing to sacrifice everything you have in order to start your own business.† He claims that the initial starting phase of your business will be one of the hardest periods of growth that you have to overcome through the entire process. Hackney also advises that if you plan your costs, don’t underestimate the expenses, and never forget that they can rise as the business grows, it’s easy to overlook costs when you’re thinking about the big picture, but you should always be very precise and thorough when planning for your fixed expenses. He also strongly believes that when your employees are appreciated and treated with respect, then you are sure to succeed in maintaining a loyal, hardworking staff. Ideals like these reveal why small businesses are so important and even endearing. We can come to the conclusion that even though starting your own business may seem to be one of the hardest things, it can also be equally as rewarding and beneficial.    California Small Business Association, â€Å"California Small Business Day 2018†, Business Wire (English). 06/19/2018, Article Retrieved from http://search.ebscohost.com/login.aspx?direct=truedb=bwhAN=bizwire.c85292394site=ehost-live Richard Schwinn: PhD, Research Economist, â€Å"2016 State Small Business Profiles Released with Fresh Design†, The Small Business Advocate: Office of Advocacy, Vol. 35, No. 3, March- April 2016 Retrieved from https://www.sba.gov/sites/default/files/March_April_2016_FINAL_508_compliant.pdf Jason Nazar, â€Å"16 Surprising Statistics About Small Businesses†, Small Business Administration Office of Advocacy, Sep 9, 2013 Retrieved from https://www.forbes.com/sites/jasonnazar/2013/09/09/16-surprising-statistics-about-small-businesses/#269ebc195ec8 â€Å"Small Business†, page issues Retrieved from https://en.m.wikipedia.org/wiki/Small_business Georgia McIntyre, â€Å"What is the Small Business Failure Rate?†, What Percentage of Small Businesses Fail? (And Other Need-to-Know Stats), August 29, 2018 Retrieved from   https://www.fundera.com/blog/what-percentage-of-small-businesses-fail Sammi Caramela, Startup Costs: How Much Cash Will You Need? April 12, 2018 https://www.businessnewsdaily.com/5-small-business-start-up-costs-options.html Cynthia McCahon, Founder and CEO of Business Plan Software, â€Å"One of the Many Reasons Small Businesses Fail is because They Simply Run Out of Cash.†, April 12 2018 https://www.businessnewsdaily.com/5-small-business-start-up-costs-options.html Drew Gerber, Entrepreneur, April 12 2018 https://www.businessnewsdaily.com/5-small-business-start-up-costs-options.html John Hackney. Business owner, The Lakefront Taproom. (August 2018). Personal reference. (909)336-8443 United States census, Nonemployer Statistics, â€Å"Nonemployer Definitions†, https://www.census.gov/epcd/nonemployer/view/define.html Annie Pilon, Small Business Trends, â€Å"50 Online Business Ideas†, July 5 2018, https://smallbiztrends.com/2016/11/online-business-ideas.html

Beaches

The beach is a beautiful natural shape. Each is different from the others. Some may be rocks, some are white sand, some are black, some are small, and some are big. I like all kinds of beaches. All the beaches I visited were unforgettable experiences, but one of them was particularly striking. When I was a junior, I went to a resort in Jamaica where there was a wonderful beach. This is a large beach with white sand beach and extraordinary palm trees. There is also a long and huge rocky row spreading in the Caribbean. Well, I have a beach with sand and water. The beach is made of sand, made of small rock. The beach absorbs heat from the sun. Skeet shooting is better than hunting, but still very few are shooting. Beach, beach, beach. I am thinking about the beach. If you wear a stud on the beach, you may break the shell. If I live on the beach it may have shells, but they will all be in the wreckage. I allow a bear to be at my beach, but only in the summer. They will step on the shell before I arrive, but I will never announce that it is open season. In winter, Jim Carrey stood on the beach. Can I take off the hair of Kate Winslet's eternal sunshine? I hope that someone can invent that memory. Do not forget that you are on the beach. understood. On my beach it is always sunny and there is no breeze. Because God's love does not feed bears. Let's think about a bit. A part of the idle is a shell. They are playing games on the beach. On the beach there are hundreds of shells, if not thousands. Most of the shells are indistinguishable from each other, and there is no one who really looks at the shell Loren captured during the immune attack. Why did Lauren not give Mike a completely random shell? Thus, she keeps the entire idle safe, Mike feels that he has the power of Lauren, and everyone will win I like beaches. This is not unusual. California people from Reading to most rivers of Riverside love the beach. We escape the sun and our daily lives at the beach. But there are 100 different ways to love the beach. Beach leader, beach sleeper, surfer, body border, parasailer, beach athlete, sand castle architect, kite flyer, kayak, treasure hunter, bird watcher, whale watcher, people observer, teenager, drinker, bonfire architect, Pit Master, Dog Walker Beaches The beach is a beautiful natural shape. Each is different from the others. Some may be rocks, some are white sand, some are black, some are small, and some are big. I like all kinds of beaches. All the beaches I visited were unforgettable experiences, but one of them was particularly striking. When I was a junior, I went to a resort in Jamaica where there was a wonderful beach. This is a large beach with white sand beach and extraordinary palm trees. There is also a long and huge rocky row spreading in the Caribbean. Well, I have a beach with sand and water. The beach is made of sand, made of small rock. The beach absorbs heat from the sun. Skeet shooting is better than hunting, but still very few are shooting. Beach, beach, beach. I am thinking about the beach. If you wear a stud on the beach, you may break the shell. If I live on the beach it may have shells, but they will all be in the wreckage. I allow a bear to be at my beach, but only in the summer. They will step on the shell before I arrive, but I will never announce that it is open season. In winter, Jim Carrey stood on the beach. Can I take off the hair of Kate Winslet's eternal sunshine? I hope that someone can invent that memory. Do not forget that you are on the beach. understood. On my beach it is always sunny and there is no breeze. Because God's love does not feed bears. Let's think about a bit. A part of the idle is a shell. They are playing games on the beach. On the beach there are hundreds of shells, if not thousands. Most of the shells are indistinguishable from each other, and there is no one who really looks at the shell Loren captured during the immune attack. Why did Lauren not give Mike a completely random shell? Thus, she keeps the entire idle safe, Mike feels that he has the power of Lauren, and everyone will win I like beaches. This is not unusual. California people from Reading to most rivers of Riverside love the beach. We escape the sun and our daily lives at the beach. But there are 100 different ways to love the beach. Beach leader, beach sleeper, surfer, body border, parasailer, beach athlete, sand castle architect, kite flyer, kayak, treasure hunter, bird watcher, whale watcher, people observer, teenager, drinker, bonfire architect, Pit Master, Dog Walker Beaches The beach is a beautiful natural shape. Each is different from the others. Some may be rocks, some are white sand, some are black, some are small, and some are big. I like all kinds of beaches. All the beaches I visited were unforgettable experiences, but one of them was particularly striking. When I was a junior, I went to a resort in Jamaica where there was a wonderful beach. This is a large beach with white sand beach and extraordinary palm trees. There is also a long and huge rocky row spreading in the Caribbean. Well, I have a beach with sand and water. The beach is made of sand, made of small rock. The beach absorbs heat from the sun. Skeet shooting is better than hunting, but still very few are shooting. Beach, beach, beach. I am thinking about the beach. If you wear a stud on the beach, you may break the shell. If I live on the beach it may have shells, but they will all be in the wreckage. I allow a bear to be at my beach, but only in the summer. They will step on the shell before I arrive, but I will never announce that it is open season. In winter, Jim Carrey stood on the beach. Can I take off the hair of Kate Winslet's eternal sunshine? I hope that someone can invent that memory. Do not forget that you are on the beach. understood. On my beach it is always sunny and there is no breeze. Because God's love does not feed bears. Let's think about a bit. A part of the idle is a shell. They are playing games on the beach. On the beach there are hundreds of shells, if not thousands. Most of the shells are indistinguishable from each other, and there is no one who really looks at the shell Loren captured during the immune attack. Why did Lauren not give Mike a completely random shell? Thus, she keeps the entire idle safe, Mike feels that he has the power of Lauren, and everyone will win I like beaches. This is not unusual. California people from Reading to most rivers of Riverside love the beach. We escape the sun and our daily lives at the beach. But there are 100 different ways to love the beach. Beach leader, beach sleeper, surfer, body border, parasailer, beach athlete, sand castle architect, kite flyer, kayak, treasure hunter, bird watcher, whale watcher, people observer, teenager, drinker, bonfire architect, Pit Master, Dog Walker

Economic Impact of the U.S. Fast Food Industry on the Global Economy Research Paper

Economic Impact of the U.S. Fast Food Industry on the Global Economy - Research Paper Example Fast foods contain a lot of fats and oils, which when accumulated in the body lead to related diseases like Obesity and diabetes. A research conducted by Currie Janet et al. of the National Bureau of Economic Research (Currie, 2009), on the effects of fast food restaurants on obesity and weight gain show that, the establishment of fast food restaurants has a diverse effect on the rise in obesity cases in the U.S. The research focused on 3 million children to compare school children who are 0.1 mile away from a location of a fast food restaurant, and others who are at 0.25 miles. The researchers put the children under observation for a period to compare on the rate of obesity cases. The researchers also conducted research on 3 million pregnant mothers observed to gauge their weight gain over a period (Currie, 2009). It showed that the growth in weight gain among pregnant mothers increased according to the distance form the fast food restaurant that is the weight gain was more to mothe rs who were near the restaurants as compared to those a bit far (Currie, 2009). The obesity rates observed were almost the same to the school children. The research shows that the availability of fast food restaurants affects the rate of obesity because of the low price on the foods which leads to high consumption. The varying distance between the school children bring almost the same effect on obesity because, the children who are a bit far from the restaurants are constraint to budget hence consume less compared to those near (Currie, 2009). The availability of the fast food restaurants has adverse effects on the health sector in U. S. as the state has to intervene on prevention. This affects the economy of the country as the government increases taxes to cater for... This paper stresses that the high growth in economic standards over the world calls for any possible means of easing life. The fast food industry has developed due to the ease of production of its products and its cheap price. The commitments that people have do not allow them to spend much of their time because they want to beat some deadlines. They do not have time to examine how healthy the food they eat is, and its consequences. The fast food industries started in the U. S according to Schlosser, but after the gradual growth, spread to other countries where they have too established a number of branches, for example, the McDonald’s. This report makes a conclusion that the effects these companies have on the economy of U. S occur in the other countries which have started these industries. Most contents of these foods are unhealthy, and have highly contributed to the rise in obesity and overweight problems which relate other diseases like diabetes which are expensive to treat. Treatment of these diseases becomes a burden to the economy of the world. Diseases like these affect the labor input of a country and this acts as a drawback to the economy. Although the establishment of fast food industries affected the economy of the world through the health sector, it has also positively affected the global economy through the provision of labor to employees, which is a boost to the tax department.