UK Cheese Market Analysis

UK Cheese Market Analysis Assignment about The Cheese and its Determining Factors on the Market Executive Summary Economy in the real world is not just a subject in the university, but the major basic of a modern day business. â€Å"The large set of inter-related economic production and consumption activities which aid in determining how scarce resources are allocated.† (Investopedia.com, 2014) The report describes the cheese market in the United Kingdom. Highlight the relationship between wine and its compliment, the cheese and how the actual market responsive to economical changes, such as demand, supply, elasticity and equilibrium. Table of Contents Introduction.4 Main Body5 1.The aspects which influencing the amount of cheese..5 2. About Elasticity and Inelastic6 3. About Equilibrium.7 4. Example for the cheese` prise changing..8 5. Recently used marketing strategy..9 Conclusion..10 Bibliography.11 Introduction This report created by the Author –Mr. Istvan Csuha– on the request of Northampton University on the behalf of its subsidiary the London School of Business and Management and their lecturers in respect Prof. Bruce Johnson to clarify the position of the cheese market in the United Kingdom, the key economic factors which influences marketers and consumers in the decision making process. Main Body The aspects which influencing the amount of cheese The aspects influencing the amount of cheese that shoppers request can be categorised four main parts (Begg, D. & Ward, D., 2007, P.26-32), such as: Costs of surrogates: relates to researches (Fitday.com. 2013). there are some options to alternate cheese, but the prices of those merchandises is higher and do not give back the same taste, as cheese, therefore only a small amount of clients will leave â€Å"the cheesy side†. Salary of the clients: an investment banker demand is completely different, then a street cleaner and one of the key motivator is what they can afford; ASDA have been closely monitored and the finding is, individuals can purchase cheese products from  £2 up to  £20, therefore cheese products widely accessible to everyone (ASDA.com. 2014). Various flavours: Every single human being different from the other, so as their tastes and conclusion of that, they required different products. Value: is the product worth the sum of money what the retailer asking for it; if the answer is yes, then highly possible the quantity demanded by a consumer is higher. About Elasticity and Inelastic The characteristics of the magnitude of cheese that manufacturers and retailers supply is strongly related to the previous part of the report, but a new economic term has to be considered, Elasticity: â€Å"Price elasticity of supply measures the relationship between change in quantity supplied and a change in price.† (Tutor2u.net. 2014). There are Inelastic is the modification in the price indicates a proportionately minor modification in the quantity required. (Begg, D. & Ward, D. 2007, P.35) Elastic is the modification in the price indicates considerable larger modification in demand. (ibid, P. 32-35) There is another very important factor what every supplier have to consider regarding the amounts need to supply and is called a well-known PESTEL analysis -macro-environmental aspects, what a supplier cannot change, only can adapt to them. Assuming there are alterations in the purchasers â€Å"tongs†: Consumer demand decreasing= retailer profit decreasing also. Overcome on that retailers has to start manufacturing products, therefore they have to enter a new segment of the market. Avoid failure Porters five forces advisable to considered, -designed to evaluate the possibilities of the company upon entering to a new market and/or segment. Assuming there are modifications in the manufacturers technology, -that is a technological factor from the mentioned PESTEL analysis-: In that occasion the retailer or the consumer only can adapt to that factor, in that case keep purchasing products, but less quantity (if the technology is not as cost-effective anymore, therefore the price of the product rising too), or find a substitute (either retailer or substitute product). Therefore price elasticity applied. About Equilibrium Equilibrium of â€Å"cheese market wise†, when the manufacturer selling the product for the price, what a retailer is demanded, or the distributor selling the merchandise for the price, what a consumer demanded. (ibid, P.76) According to worldwide known economists and authors of many books the forces that drive the market in the direction of its equilibrium are: The connection between the alteration of need and supply and prices: if the need of cheese products rising, supply has to follow, then retailers raise their prices too, therefore the equilibrium will balanced again. Need for cheeses falling, then traders have to reduce their activity, therefore prices will fall too. That is the optimal market scenario. (ibid, P.88) Example for the cheese` prise changing Assumption: a hypothetical situation, when the price of wine increases. First we have to clarify the right questions. The author of these report was that fortunate, came from the family which have long-lasting history –and himself spent over ten years as well- in the Hospitality and Catering Industry; worked from kitchen porter through sommelier assistant to night manager in various countries and several high-end catering event as well (for example: wine-waiter at the House of Parliament in Hungary), therefore to clarify and answer this questions was his table. Why wine and cheese related to each other? How the supply of wine and cheese will change? How the needs of wine and cheese will change? Will the prices of cheese change? Are the amount of cheese and wine supplied and demanded will change? The answers are the following: Many countries –especially the ones with long-lasting histories and more mature cuisine i.e.: France and the United Kingdom- use cheese, as a substitute of desserts, also another reason possibly, because the weather colder than for example Italy and Spain. Those countries, consuming mostly wine for/and throughout the meal, if their choice for the dessert is any sweet, -such as ice cream or crà ¨me bulee-, they choose a light and sweet liquor, or a dessert-wine; but when they choose cheese, then the wine has to be semi-dry, or dry light white-wine. When the price of wine increasing, in the short term the supply will be the same, until marketer realise the equilibrium turned into a disequilibrium –at this occasion the proper term is surplus, when the supply of goods greater than its demands-, and they want to balance again; therefore marketers reducing supplies. The needs of cheese and wine at the event of the price of the wine increase can be: The increase of the price will be minor, therefore only small amount of purchaser decide to discontinue consuming those products, therefore inelasticity occur. When the needs of cheese and wine reactive to the price change, then â€Å"massive† amount of purchasers decide to discontinue purchasing products= elasticity occurs. The price of the cheese can be reactive to the wine price (elastic), or non-reactive (inelastic). When: The quantity of demand reactive to the price change: yes= elasticity; The amount of need non-reactive: no= inelasticity; Marketers want to balance the equilibrium, yes, when the demand decreases, the quantity of supply has to follow, therefore the price will change to; when equilibrium reached, demand is increasing, supply increasing, prices increasing. 5. Recently used marketing strategy Companies nowadays like to use a new marketing strategy. Organisations evaluate the demand and the quantity of demand, they producing less quantity of product, therefore artificially create shortage and they can raise the prices too, i.e.: entry-tickets for pop-concerts. (ibid, P.85-86) Conclusion The report found the cheese market very responsive for price changes, which is depending on various factors. Found also the definition of economy; clearly concluded the meaning / variations of elasticity, moreover described the definition of equilibrium. Bibliography ASDA.com. (2014). Asda Groceries. Available: http://groceries.asda.com/asda-webstore/landing/home.shtml?cmpid=ahc-_-ghs-sna1-_-asdacom-dsk-_-hp#search/cheese/7/price_asc. Last accessed 11.12.2014. Begg, D. & Ward, D. (2007). Economics for Business. 2nd ed. New York: McGraw-Hill. p26-p32. Begg, D. & Ward, D. (2007). Economics for Business. 2nd ed. New York: McGraw-Hill. p32-p35. Begg, D. & Ward, D. (2007). Economics for Business. 2nd ed. New York: McGraw-Hill. p76. Begg, D. & Ward, D. (2007). Economics for Business. 2nd ed. New York: McGraw-Hill.p85-86. Begg, D. & Ward, D. (2007). Economics for Business. 2nd ed. New York: McGraw-Hill. p88. Fitday.com. (2013). Substitutions for Cheese. Available: http://www.fitday.com/fitness-articles/nutrition/healthy-eating/substitutions-for-cheese.html. Last accessed 11.12.2014. Investopedia.com. (2014). Definition of Economy. Available: http://www.investopedia.com/terms/e/economy.asp. Last accessed 11.12.2014. Tutor2u.net. (2014). Elasticity of Supply. Available: http://www.tutor2u.net/economics/content/topics/elasticity/elasticity_of_supply.htm. Last accessed 11.12.2014. LON 15403546Mr. Istvà ¡n Csuha

Victorian Gothic Literature: Scientific vs. Medieval Thinking Essay

Victorian Gothic Literature: Scientific vs. Medieval Thinking      Ã‚  Ã‚  Ã‚   Creatures of the night have always held a fascination and horror for people in all cultures. The English fascination with sensational and gothic literature came to a peak, after slacking slightly following the Romantic period, in the late Victorian period with such works as Dracula, The Strange Adventures of Dr. Jekyll and Mr. Hyde, and The Picture of Dorian Gray. The literate populace avidly devoured this type of literature. While most publishers merely churned out serial horror stories en masse, such as Varney the Vampyre, many serious writers used this genre as a means to force their audience to think about their beliefs. Serious Victorian Gothic literature plays on the fears and emotions of the era, an era that was especially fearful since their beliefs had been ripped out from under them, largely by contrasting modern science with medieval superstition and belief.    The Victorian era was similar to our own in that it was a time when people weren't really sure what was true or what they believed. As this prayer, believed to have come from the Victorians shows, " 'O God - if there is a God - save my soul - if I have a soul' " (Houghton 22). New theories about the age of the earth had demonstrated that something was out of kilter with the bible, since the earth seemed to be older than the biblical account would show. Darwin had gone one step further and shown that man hadn't been created but evolved through natural selection. A generation was growing up in a culture that had had the rug of its beliefs pulled out from under its feet. The main difference between the Victorian sense of doubt and our post-modern doubt is, "faith in the existence of u... ...completely destroyed by his dabbling in alchemic science.    Much of Victorian Gothic literature plays to the Victorian doubt in what they believe, especially as concerns science and what is largely assumed to be medieval superstition. By playing on these fears, authors are able to create stories that are horrifying on several levels. First of all, the action that goes on in the book is enough to make the readers skin crawl. However, the authors go farther and use their audiences natural fears and doubts to create a story that is sensational on all levels.    Works Cited Davenport-Hines, Richard. Gothic: Four Hundred years of Excess, Horror, Evil and Ruin. North Point Press: New York, 1998. Houghton, Walter E. The Victorian Frame of Mind. Yale University Press: New Haven, Conn, 1957. Stoker, Bram. Dracula. Penguin Group: New York, 1992.

Medicine and Skilled Care Pharmacy Essay

I. Statement of the problem How can Skilled Care Pharmacy improve their strategy from the rapidly evolving financial structure of health care, constant evolution of medical practice, employee retention and shortage of licensed pharmacy personnel? II. Objectives * To retain employees. * To identify ways to keep up with the constant evolution of medical practice. * To address the shortage of pharmacist personnel in the company. III. SWOT analysis IV. Alternative Courses of Action 1. Skilled Care Pharmacy could provide incentives and enhance benefits for employees to be able to achieve employee retention. 2. Skilled Care Pharmacy could widen their search for pharmacist personnel from different countries. 3. Skilled Care Pharmacy could provide seminars and trainings to keep up with new medical techniques and practices. Advantages for each of the Alternative Courses of Action 1. Skilled Care Pharmacy would be able to retain much of their employees and prevent employee turnover. 2. Skilled Care Pharmacy would be able to address the shortage of pharmaceutical personnel within the organization. 3. Skilled Care Pharmacy would be guaranteed of their employee’s  capabilities and skills with regards to the ever changing medical practice. Disadvantages for each of the Alternative Courses of Action 1. Additional costs would be incurred for enhanced benefits or additional incentives given to regular employees. 2. Other pharmacists hired from overseas may not be as competitive with the usual pharmacists. 3. Additional cost would be acquired because of additional trainings and seminars for the company. V. Recommendation Follow all alternative courses of action to be able to keep up with certain changes in the company.

Free Essays on Japanese Traditional Outfit - KIMONO

Does anybody know what a kimono is or has anybody heard the word kimono? A kimono is the Japanese traditional outfit, and it’s made out of silk. It is only worn on special occasions. Actually, the opportunities to wear a kimono are seldom. We have another kind of outfit that is called, a yukata. A yukata is made from cotton. In contrast to the ceremonial kimono, the yukata is ordinary, unassuming clothing and is worn in the summertime. Through research and my personal experience today, I will inform you about two Japanese traditional outfits, the kimono and the yukata. The kimono is made from silk and there are many different types of kimonos for men, women and children. It is not only worn by women, but also men. The cut, color, fabric, and decorations of a kimono may vary according to sex and age. However, the woman’s kimono is mainly introduced in this discussion. Women’s kimonos are the most elaborate and varied in style and design. In order to wear a kimono, one must have an obi, which wraps around a kimono, Japanese socks and Japanese sandals. These items are very important. An example of an occasion for wearing a kimono is the coming-of age day. This is a national holiday to celebrate a Japanese girls and boys life as they turn 20 years old and enter adulthood. At this time, most girls are dressed in kimonos. I brought a picture of me for my Coming-of-age day. When I went back to Japan for summer vacation, I rented a kimono and took a picture. The cost to rent the outfit and take pictures was about four hundred dollars. Actually, the price to buy a kimono varies from five thousand dollars, which is the cheapest to fifteen thousand dollars, which is the most expensive. Consequently, most Japanese people tend to rent kimonos rather than buying one. I’m not used to wearing a kimono so, it was tiresome to keep wearing it, even for 30 minutes. According to my experience, I can tell you that a ki... Free Essays on Japanese Traditional Outfit - KIMONO Free Essays on Japanese Traditional Outfit - KIMONO Does anybody know what a kimono is or has anybody heard the word kimono? A kimono is the Japanese traditional outfit, and it’s made out of silk. It is only worn on special occasions. Actually, the opportunities to wear a kimono are seldom. We have another kind of outfit that is called, a yukata. A yukata is made from cotton. In contrast to the ceremonial kimono, the yukata is ordinary, unassuming clothing and is worn in the summertime. Through research and my personal experience today, I will inform you about two Japanese traditional outfits, the kimono and the yukata. The kimono is made from silk and there are many different types of kimonos for men, women and children. It is not only worn by women, but also men. The cut, color, fabric, and decorations of a kimono may vary according to sex and age. However, the woman’s kimono is mainly introduced in this discussion. Women’s kimonos are the most elaborate and varied in style and design. In order to wear a kimono, one must have an obi, which wraps around a kimono, Japanese socks and Japanese sandals. These items are very important. An example of an occasion for wearing a kimono is the coming-of age day. This is a national holiday to celebrate a Japanese girls and boys life as they turn 20 years old and enter adulthood. At this time, most girls are dressed in kimonos. I brought a picture of me for my Coming-of-age day. When I went back to Japan for summer vacation, I rented a kimono and took a picture. The cost to rent the outfit and take pictures was about four hundred dollars. Actually, the price to buy a kimono varies from five thousand dollars, which is the cheapest to fifteen thousand dollars, which is the most expensive. Consequently, most Japanese people tend to rent kimonos rather than buying one. I’m not used to wearing a kimono so, it was tiresome to keep wearing it, even for 30 minutes. According to my experience, I can tell you that a ki...

The Umayyad Dome Of The Rock Analysis Religion Essay Example

The Umayyad Dome Of The Rock Analysis Religion Essay Example The Umayyad Dome Of The Rock Analysis Religion Essay The Umayyad Dome Of The Rock Analysis Religion Essay The Umayyad Dome of the Rock is one of the cardinal plant of Islamic architecture. At this point, it is deserving adverting the fact that the Umayyad Dome of the Rock is celebrated work of art and architecture, which had a figure of inexplicit significances among which it is possible to individual out political deductions and correlativities to Biblical Bibles. In add-on, the Umayyad Dome of the Rock reveals the impact of external factors, including the impact of Christianity and Judaism on the architecture of the dome. In this respect, it is deserving adverting the fact that, historically, Islam and Judaism were closely intertwined, although Islam had appeared centuries ago since the visual aspect of Judaism and Christianity. In this respect, it is deserving adverting the fact that many specializers ( Cowling, 2005 ) position Judaism as one of the major monotheistic faith, which became the precursor of such universe faiths as Christianity and Islam. In fact, the outgrowth of Islam w as the development of the new faith, which though had a batch of similarities to Judaism and Christianity. In such a context, the similarity between Islam, Christianity and Judaism can be viewed as the consequence of the historical interaction between these faiths. In this respect, it is deserving adverting the fact that the development of Islam was closely intertwined with Judaism and Christianity because representatives of these faiths have interacted since ancient clip. Even though Islam emerged in the 7th century AD, the population converted to Islam had an extended experience of interaction with Judaist, whereas Jews ever lived in Muslim states. In such a manner, the interaction between Islam, Christianity and Judaism was determined by the historical development of both faiths and it was grounded on the vicinity of both civilizations. In such a context, the inexplicit significance of the Umayyad Dome of the Rock reveals non merely concealed Islamic context and significance but besides it reveals the influence of Christianity and Judaism on Islam. At first glimpse the Umayyad Dome of the Rock is the manifestation of the traditional Islamic architecture. In this respect, it is deserving adverting the fact that the Umayyad Dome of the Rock was built in Jerusalem, the metropolis, which was sacred for Muslims every bit good as representatives of other mainstream faiths in the part, such as Judaism and Christianity. At this point, it is of import to put accent on the fact that the sanctity of Jerusalem was, after all, inherited by Islam from Judaism and Christianity ( Rabbat, 14 ) . Therefore, the building of the Umayyad Dome of the Rock in Jerusalem was an of import determination and, in all chance, it was determined by the importance of edifice in the political and spiritual context. In fact, the building of the Umayyad Dome of the Rock was the effort to demo the power of Islam and its domination in the Holy City Jerusalem. On the other manus, specializers point out that the Dome of the Rock has no instantly discernable intent or map other than the commemorating 1, and even that is riddled with uncertainnesss ( Rabbat, 12 ) . However, such uncertainness refering the intent of the building of the Umayyad Dome of the Rock is caused by the assortment of deductions refering the significance of the edifice and its intents. In other words, the diverseness of positions on the Umayyad Dome of the Rock leads to the outgrowth of legion readings of the significance of the edifice. At this point, it is deserving adverting the fact that the Umayyad Dome of the Rock represents the manifestation of the Islamic architecture. On the other manus, specializers point out that it is necessary to see the Dome as a memorial which used Biblical intensions and Christian-Byzantine signifiers to enforce Islam s presence in the Holy City. The combination would connote that the new religion considered itself the continuance and the seal of the two predating 1s: Hebraism and Christianity ( Rabbat, 12-13 ) . Such a decision derives from the monumental architecture and the location of the edifice. At this point, it is deserving adverting the fact that the Umayyad Dome of the Rock has incorporated elements of Biblical texts and Bibles. Hence, the Umayyad Dome of the Rock reveals the close links of Islam with other faiths, such as Christianity and Judaism. The similar tendencies between faiths can be traced by similarities of their spiritual constructs and thoughts. For case, Christianity, Islam and Judaism are monotheistic. In this respect, Judaism was one of the first monotheistic faiths, whereas Islam is one of the latest universe faiths, which had gained the public blessing and support of many trusters. Christianity, Judaism and Islam acknowledge one God merely, although each faith has its ain God. In add-on, similarities can be traced in sacred texts and books of Judaism and Islam. At this point, it is deserving adverting the fact that Islam and Judaism have similarities in sacred texts because their sacred texts are interrelated. To set it more exactly, they frequently refer to similar or indistinguishable events in the history and spiritual life of Jews and Muslims. As a consequence, they focus on similar events but the reading of these events every bit good as their inside informations may differ depending on the faith. Hence, the elements of Biblical texts and Christian and Judaist constructs can be traced in the Umayyad Dome of the Rock. At the same clip, it is possible to presuppose that the Biblical elements in the Umayyad Dome of the Rock can be determined by the effort of designers to demo the power of Islam and its high quality in respect to other faiths. In such a manner, the Umayyad Dome of the Rock could typify the high quality of Islam because it showed that all Biblical texts and sacred texts of Christianity and Judaism were incorporated in the Umayyad Dome of the Rock that implies their subordination to Islam. In add-on, specializers ( Rabbat, 15 ) point out the political deductions of the Umayyad Dome of the Rock. What is meant here is the fact that the Umayyad Dome of the Rock could be constructed to the show the power of the opinion dynasty. To set it more exactly, the opinion dynasty efforts to demo its regard to God and faith. In such a context, the building of the Umayyad Dome of the Rock was the manifestation of the effort of the governing dynasty to go forth its hint in history of Islam and to demo its power. At the same clip, the building of the Umayyad Dome of the Rock implied that the opinion dynasty is ageless because its regulation will last every bit long as the Umayyad Dome of the Rock bases. In such a context, the Umayyad Dome of the Rock has a symbolic political significance. In add-on, the edifice was constructed in Jerusalem, which was non merely the spiritual centre but besides the topic of heat political battle. For case, Crusades ever aimed at the invasion of Jerusale m, whereas Muslims ever attempted to continue the metropolis as the Holy City of Islam. Therefore, taking into history all above mentioned, it is of import to put accent on the fact that the Umayyad Dome of the Rock had multiple significances and deductions. In this respect, it is possible to individual out the spiritual, political and cultural deductions of the building of the Umayyad Dome of the Rock. The chief point of the building of the Umayyad Dome of the Rock was to demo the high quality of Islam and Islamic civilization over others and to demo the power of the governing dynasty under which the Umayyad Dome of the Rock was constructed. In such a manner, the Umayyad Dome of the Rock became a symbol of Islam in Jerusalem.

Personal and professional development report Essay

Personal and professional development report - Essay Example In the many groups that I have been a member of, I have not had any conflicts with any member of the group. For that reason, I consider myself a diplomat, a good team worker and more importantly an eloquent orator with unquestionable communication skills. Nevertheless, for so many years I have never imagined that conflict can negatively impact the effectiveness of communication that in turn impinge on the quality of work done. This was not until I experienced in a group where I was a member. The discussion in this paper reflects the situation that took place last semester to help develop and utilize my personal skills while avoiding conflicts so as to maintain a good rapport with other team members in the future. Our lecturer instructed us to form groups so that we could present a report on ‘Diversity and Conflict Management.’ Most of the groups had an average of 4 to 5 members. In our group, we were four boys and one lady. The lady was tasked with the responsibility of leading the group. As the leader, she split the topic in various sub-topics and assigned each member a certain sub-topic. Shortly thereafter, we were joined by a new member. Sadly, there were rifts between the lady and the new member that arose from misunderstandings on how the tasks were been delegated. I tried to resolve the problem between them, but my efforts were fruitless as I had never experienced it there before. Notably, the rest of my colleagues did not make take any meaningful action in a bid to help resolve the issue. Consequently, the girl opted to withdraw from our group, an effect that made us not attain a high grade on that assignment. First, the feedback of the presentation was fundamentally important as it helped me realize the importance of good communication among team members. Unarguably, the team could have achieved higher grades if only there were no conflicts. I was pleased to work with other team

Contemporary Rhetorical Analysis Term Paper Example | Topics and Well Written Essays - 2500 words

Contemporary Rhetorical Analysis - Term Paper Example Moreover, aside from being the greatest leader he could be, he had also proven himself of how the greatest speaker he could be. On the eve of Quit India Movement on August 8, 1942, Gandhi had communicated his Quit India speech which was a call for a determined but a passive resistance. Given this brief background, this essay would obtain observation and insights on Mahatma Gandhi’s â€Å"Quit India† through the use of rhetorical analysis while focusing on the metaphors of the said rhetoric. Upon my analysis of â€Å"Quit India,† I could say that his speech was definitely one excellent illustration of what was called a good rhetoric. Mahatma Gandhi’s Quit India was a really persuasive speech for it was indeed a success for him to appeal his audience’s rational, emotional and principled sense. His speech which was motivational and inspirational, was effective in moving his audience into a non – violent and passive movement against the British power. His ideas, attitudes, stand, and even his own self had been victorious in influencing his fellow Indian citizens through â€Å"Quit India.† Furthermore, Gandhi’s manner of style was not directed to any particular class or group of Indian people. He used the word â€Å"we† in some portions of his speech instead of just referring to himself to address an audience who were diverse in terms of their culture and religion. His speech had not appealed any divided sector of Indians but he called for unity when he said Hindus and Muslims must forget about their differences in identity but what should remain in them was their Indian identity. By the word â€Å"we,† whether they were not totally the same, they were one because they were all Indians. For me, in my attempt to discover his worldview, I could say that democracy would only begin once Indians had forgotten the differences in their being Hindus or Indians. It was only through forgetting their differences that would start their unity and equality.