Buying Verses Renting A House - How Will One Choose Essay

Purchasing Verses Renting A House - How Will One Choose - Essay Example Having a home regularly ties up a huge number of sum that might be spended all the more safely and all the more productively elsewhere throughout the following decade. What's more, while property merchants or sellers may sicken to let it be known, home belonging connects with its own portrayals of indulgence cash away, similar to resources charges and the expenses of rummaging. The examination outlines fundamental expenses and benefits of having and leasing, along with tax cuts - and having a home these days is more sumptuous than leasing (The Economist, 2005, Issue 8416). There are detectably turnovers to home belongings farther than the fiscal models, similar to quietness and a sentiment of steadiness. Owners can't have their home pulled away by a land owner who has guaranteed to move back in. Proprietors can likewise change the paint of their lounge dividers or spot entryways or windows without asking any approval. Union these compensations with the legally binding costs of a house deal, and leasing in all likelihood doesn't make insight for a great many people who already own their home and feel built up in it. Yet, the calculation can look genuinely assorted for the individuals who are considering moving in any case or who don't up till now own a home. In any event, tenants in blast markets, who much of the time grieve that they are squandering riches, ought to be acquainted with that their choice has as powerful a money related support as purchasing does at present. (The Economist, 2005, Issue 8416) In U.S a 1,000-sq.ft, two-room condo on the rental charge is for about $3,700 every month. Buying an equivalent loft cost roughly $1.1 million, which can unravel into month to month costs of $6,000 or appropriately. To assess the expense of leasing, the examiner summarized month to month lease and tenants' spread. For having, the examiner consolidated specific expenses for home protection, fundamental fixes, resources duties and acknowledge installments, just as the duty deductions they create. This assesses claiming is progressively costly consistently; hence buyers are betting totally on value admirations. (Purchasing Or Renting A House, Online, P1) But to innumerable individuals, the psychosomatic benefits of buying are pretty much impractical to overcome. Having bodes well that they have achieved a fantasy worked out as expected, or it gives them the ensured sense that, if nothing plus, they have a solid resource where they can sleep in haziness. These are lovely contemplations, absolutely. The inquiry is the manner by which significantly they are important to you. Points of interest And Disadvantages - Buying Or Renting A House Taking in one's very own house is a basic piece of one's fantasy. In any case, scores of individuals hold paradox about the money related highlights of buying and having a home. It is forever more beneficial to buy a house; paying rent resembles driving cash along the channel. For a considerable length of time, such proposal has certain networks to have a credit like distraught to jump on the assets positioning at most punctual. Be that as it may, as one sees the world over House costs are at present at significant levels in contrast with rents in a great deal of parts of the world and right now, it again and again bodes well, especially for first-time buyers, to lease. Home buyers are obligated to underestimate their expense. Some time ago support costs, protection and

Social Outcasts in John Steinbecks Of Mice and Men :: Steinbeck Of Mice and Men Essays

Social Outcasts in Of Mice and Men   In the novel Of Mice and Men composed by John Steinbeck, an assortment of characters are available, despite the fact that, not all fit in.  Two of the most grounded models are Crooks, and Curley's Wife.  Throughout the novel, they are depicted as social untouchables in whatever they did. Another genuine model is Lennie, essentially on account of his psychological condition.  All three are treated in a pitiless way at some point in the novel.       Crooks is a more established dark man with a slanted back, who lives without anyone else in the barn.  He was asked not to trouble the whites, and to avoid their way, thus consequently he demands that nobody trouble him.  Being the main African American on the farm, the peruser starts to address prejudice and prejudice.  Were the others supremacist toward Crooks?  Not really, they just didn't permit him to hang out in the bunkhouse with them.  At one point in the novel, Crooks discusses how desolate he gets, and how a man goes crazy without anybody to talk with.  He says this to Lennie:         S'pose you didn't have no one. S'pose you were unable to go into the bunkhouse and play rummy 'cause you was dark. How'd you like that? S'pose you needed to sit around here a' read books. Sure you could play horseshoes till it got dim, yet then you got the opportunity to understand books. Books ain't nothing more than a bad memory. A person needs someone to be close to him. A person goes crazy on the off chance that he ain't got no one. Try not to make no distinction who the person is, long's he's with you. I tell ya, I tell ya a fellow gets excessively desolate a' he becomes ill (pg's. 72-73)     Regardless of whether no one treated him like an outsider, or as such considered him a nigger and pushed him around, he needed to feel like one. The above statement clarifies what Crooks felt forlornness could do to a man.       different men on the farm likewise treat Curley's significant other, who is rarely given a name, poorly.  She is continually searching for consideration and playing with them, what's more, this turns them off immensely.  The way that she is the main lady in Social Outcasts in John Steinbeck's Of Mice and Men :: Steinbeck Of Mice and Men Essays Social Outcasts in Of Mice and Men   In the novel Of Mice and Men composed by John Steinbeck, an assortment of characters are available, in spite of the fact that, not all fit in.  Two of the most grounded models are Crooks, and Curley's Wife.  Throughout the novel, they are depicted as social pariahs in whatever they did. Another genuine model is Lennie, chiefly due to his psychological condition.  All three are treated in a savage way at some point in the novel.       Crooks is a more established dark man with a slanted back, who lives without anyone else in the barn.  He was asked not to trouble the whites, and to avoid their way, thus in this manner he demands that nobody trouble him.  Being the main African American on the farm, the peruser starts to address bigotry and prejudice.  Were the others bigot toward Crooks?  Not really, they just didn't permit him to hang out in the bunkhouse with them.  At one point in the novel, Crooks discusses how desolate he gets, and how a man goes crazy without anybody to talk with.  He says this to Lennie:         S'pose you didn't have no one. S'pose you were unable to go into the bunkhouse and play rummy 'cause you was dark. How'd you like that? S'pose you needed to sit over here a' read books. Sure you could play horseshoes till it got dull, however then you got the chance to understand books. Books ain't a whole lot of nothing. A person needs someone to be close to him. A person goes crazy in the event that he ain't got no one. Try not to make no distinction who the person is, long's he's with you. I tell ya, I tell ya a fellow gets excessively desolate a' he becomes ill (pg's. 72-73)     Regardless of whether no one treated him like an untouchable, or at the end of the day considered him a nigger and pushed him around, he needed to feel like one. The above statement clarifies what Crooks felt dejection could do to a man.       different men on the farm likewise treat Curley's significant other, who is rarely given a name, poorly.  She is continually searching for consideration and playing with them, furthermore, this turns them off immensely.  The way that she is the main lady in

Liability for theft - Free Essay Example

? ? ? ? , , ? , 9 (1) (?) ? 1968 ?. [1], ? ? , , ? , . , ? ? , A ? B ? , , . , , ? , ? ? , , ? , ? , . [2] , ? ? ? ? ? ? , , 9 (1) (b), ? ? ( ) ? . , , ? . [3] , ? , ? ? () , ? . ? , - . [4] A ? B , ? ? , , actus reus . ? , , , , . 2 , , , . [5] ? , , ? , [6] ? , . [7] , , ? , . , , , , . ? ? ? , , ? , ? , . A ? B ? , , , Â « Â » [9] . [10] , , ? , GBH, , . A ?, , 9 (1) (b) ? . , , ? ? , . , , . , ; , ? ? . ? , ? , ?. ? , , ? ? ? . B , , , , [11] / GBH ? , . [12] , ? , , ? , B ? ? ? GBH. [13] , , ABH, , , . [14] 47 , ? ? , , . REA ? [15] , ? , , , 47 . , B . [16] , , , , , , , ? , . , B , ? , ? . [17] ? , 47 ? ? B. B ; , ? , , . [18] ? ? ? , , ? , , ? ? ? - . , ? , ? . ? , , B ? , , B . [19] ? , ? , , ? , ? . B ? , ? ? . : 1000 DPP v. Gomez [1993] AC 442 R v. Ghosh [1982] QB 1053 R v. Hale (1978) 68 Cr App R 415 R v. Holden [1991] Crim LR 478 R v. Jones and Smith [1976] 3 ER 54 R v. Powell ; R v. English [1997] 3 WLR 959 R v. Robinson [1977] Crim LR 173 R v. Savage [1992] 1 AC 699 R v. Uddin [1999] Crim LR 987 R v. Walkington [1979] 2 ER 716 T v. DPP [2003] Crim LR 622 Allen, M., (2003) , 7- ? ., : Oxford University Press Clarkson, CMV and Keating, HM, (2003) : ? , 5- ? ., : Sweet Maxwell Herring, J., (2004) : , ? , : Oxford University Press Padfield, N., (2004) Criminal Law, 4th ed., Oxford: Clarendon Law Press Smith, J.C., (2005) The Law of Theft, 8th ed., Oxford: Oxford University Press 1 Footnotes [1] All statutory references are to the Theft Act 1968 unless otherwise stated. [2] R v. Jones and Smith [1976] 3 All ER 54. [3] Section 1(1) Theft Act 1968. [4] DPP v. Gomez [1993] AC 442. [5] Section 2(1)(a) Theft Act 1968. [6] R v. Holden [1991] Crim LR 478 [7] R v. Robinson [1977] Crim LR 173 [8] R v. Ghosh [1982] QB 1053 [9] R v. Walkington [1979] 2 All ER 716 [10] Sections 9(1)(a) and 9(1)(b) Theft Act 1968 [11] Section 47 Offences against the Person Act 1861 [12] Section 20 Offences against the Person Act 1861 [13] Section 9(1)(b) Theft Act 1968 [14] T v. DPP [2003] Crim LR 622 [15] R v. Savage [1992] 1 AC 699 [16] Section 9 Theft Act 1968 [17] R v. Hale (1978) 68 Cr App R 415 [18] R v. Powell; R v. English [1997] 3 WLR 959 [19] R v. Uddin [1999] Crim LR 987

Poverty and Social Work Essay example - 8858 Words

From Poor Law to Welfare State: A History of Social Welfare in America- Walter I. Trattner Chapter 1: The Background The chapter traces the origin of welfare practices and caring for the needy from primitive times to the Elizabethan Poor Laws. References include Hammurabi, a Babylonian ruler who included protection of the vulnerable a part of his code in 2000 BC and the ancient Greeks and Romans (including Aristotle, 384-322 BC) who considered giving to charity a virtue. Perhaps more important to American welfare, were ancient Jewish doctrines which established that giving and receiving were duties. Those who could give were obliged to do so, while those who were in need were obliged to accept help. The Talumd codified these†¦show more content†¦Various residency requirements were used to determine who should get aid. During the 17th and 18th centuries, strangers were warned to leave town within a given period of time. The expanding economy in the colonies made settlement determinations increasingly difficult and this system was nearly abandoned by the end of the 18th century. The â€Å"unsettled poor† led to the first major revision in poor relief. Many people were driven from their homes to Boston during King Philip’s War, which led the locality to appeal to the state for funds to care for the poor in 1701. Attitudes toward poverty relief stemmed from the Elizabethan poor law system. Public responsibility for the needy was stressed. At the same time, Calvinism was very influential. Hard work was considered â€Å"a calling† and a virtue, leading to the widespread condemnation of the able-bodied poor. Idleness among the able-bodied was punished via indentured servitude, whipping, and exile from town. Idleness was akin to a crime. The native American’s refusal to adopt western religion and ways of living was also considered a vice and led to extermination. Slaves were to be taken care of by slave owners and free blacks were excluded from official poor relief. Apprenticeship was used to care for children, both because it was a good means of discipline, it was efficient, and it corresponded with Calvinistic ideas. Separate laws for the mentally ill were less common. Massachusetts enacted a lawShow MoreRelatedThe Effect Of Media On Classism1484 Words   |  6 PagesStates was built on the concept of the American dream. The idea that anyone can achieve success if they just work hard enough and are determined enough is very lucrative. Unfortunately the American dream is not as obtainable as many think. 65% of children raised in the bottom fifth income bracket will remain in the bottom two brackets (Adams, et al., 2013, p. 143). This means that even with hard work and determination the majority of Americans will not achieve the American dream. When a person has basedRead MorePoverty Is The State Of Being Extremely Poor1618 Words   |  7 PagesPoverty is generally regarded as the state of being extremely poor. While this is true, this state can only be judged as a relation to a given social or economic state. In light of this, a better way to define poverty would be; the state of one who lacks a usual or socially acceptable amount of money or material possessions (Merriam-Webster). Poverty has many faces, changing from place to place and across time, and has been described in many ways. Poverty is hunger. Poverty is lack of shelter. PovertyRead MoreSocial Exclusion vs. Poverty Essay1644 Words   |  7 Pagescontribute towards social exclusion in the United Kingdom. Not all of these factors are as straightforward as each other. By considering these causes, I will be able to explain why poverty is not the same as social exclusion. 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Three sources will be analysed, for the academic my main source is on the book of Ridge (2002) which is Childhood Poverty and Social Exclusion from a Childs perspective, next for media source it isRead MoreSocial Welfare And The Field Of Social Work861 Words   |  4 PagesThree thousand years ago, people recognized that they had a moral obligation to help those in need. Looking back on the history of social work, there have been many definitions of the field, but it is ever-changing and expanding to include the things that happen in society every day. The 1800’s were a defining period of time for social welfare and the field of social work was born. For the time, there was such progressive a cts stemming from many factors affecting the United States including a populationRead MoreCurrent Poverty Of The Uk1490 Words   |  6 PagesCurrent poverty in the UK is measured in terms of relative poverty. Townsend who is known for his work on relative poverty describes it as â€Å"Their resources are so seriously below those commanded by the average individual or family that they are, in effect, excluded from ordinary living patterns, customs and activities† (Townsend, 1979) To measure if someone is living in relative poverty they have to be earning under 60% of the average household income, it was estimated that in 2013/14 13.2 millionRead MoreBshs 325 Week 4 Macro System1114 Words   |  5 PagesKrist-Ashman, 2010). Social work is viewed in three categories: macro, mezzo, and micro. These three categories at times have a tendency to coincide and influence each other. The practice of macro social work is the effort to help clients by intervening in a larger system, such as at the neighborhood, institution, or at a smaller group level (Zastrow Krist-Ashman, 2010). Macro practice empowers clients by involving them in systematic change. An example would be part of a change in a social change at a largeRead MorePoverty As A Social Problem1739 Words   |  7 Pages Poverty as a Social Problem Magdalena Brania Mrs. Kropf May 27, 2015 Poverty is inscribed in the history of the world, but it is not inherent fate of every human being. It is also not related to the human nature, which does not mean that it can not be due to its nature. All communities experience it, with a greater or lesser extent way causing psychological and sociological conflicts. Society who have to deal with poverty is not only from undeveloped countries, but also developed

Bipolar Disorder And Its Effects On The Patients Life

In the world of mental health disorders, one of the most common is Bipolar Disorder. According to the Depression and Bipolar Support Alliance (DBSA), Bipolar Disorder affects as much as 2.6% of the adult population. The effects of Bipolar Disorder can range from mild (having little impact on the patient’s day to day life) to severe (making the patient’s life debilitating and nonfunctioning). Bipolar Disorder also has a devastating effect on the patient’s friends and family. Bipolar Disorder is one of the most common mental health disorders, however, with proper treatment; the sufferer can go on to live a normal and useful life. Body Bipolar Disorder is defined as â€Å"a brain disorder that causes unusual shifts in mood, energy, activity levels, and the ability to carry out day to day tasks†. (‘Bipolar Disorder’, 2016). Bipolar disorder has periods of elevated moods called manic episodes as well as severely depressed moods called hypomanic episodes. A manic episode is defined as â€Å"a distinct period of abnormally and persistently elevated, expansive or irritable mood that lasts at least one week (or less than a week if hospitalization is necessary). The episode includes persistently increased goal directed activity or energy† (‘Diseases and Conditions; Bipolar Disorder’, 2015). A hypomanic episode is defined as â€Å"a distinct period of abnormally and persistently elevated, expansive or irritable mood that lasts at least four consecutive days† (‘Diseases and Conditions; BipolarShow MoreRelatedManic Depression : Symptoms Of Symptoms And Treatments1339 Wor ds   |  6 Pagesillness that influence or defect the way people feel, interact, socialize, and act. At least fifteen percent of people with bipolar disorder commit suicide. Moreover, the symptoms of this illness show in adolescence or adulthood. According to the World Health Organization mental health Atlas research, in 2014, which published a prevalent and latest estimated data of bipolar disorder covering â€Å"About 2 % of the population of both women and men are suffering from this condition.† Many factors of this diseaseRead MoreSymptoms And Diagnosis Of Bipolar Disorder1345 Words   |  6 PagesBipolar Disorder Definition Bipolar disorder is a brain disorder that causes unusual shifts in mood, energy, activity levels, and the ability to carry out day-to-day tasks. Bipolar disorder affects approximately 57 million adult Americans, (Bipolar Disorder Statistics, 2016). It is more common for this disorder to affect adults rather than adolescent, with the onset age being somewhere around 25 years of age. 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Bipolar disorder oppresses 3 to 5% of the populace with inconvenient impact on life possibilities. People with Bipolar Disorder will face life span danger for mood shifts, including fatal consequences. â€Å"It is sixth most common cause of disability in the United States (Altman et al., 2006)Read MoreSymptoms And Symptoms Of Bipolar Disorder Essay1372 Words   |  6 PagesIntroduction Bipolar disorder is a fairly common, yet publicly uneducated topic. Bipolar disorder is a frequently repeated and progressive condition wherein one experiences at least one manic episode followed by at least one depressive episode. According to Ferri and Reus (2016), bipolar disorder could be caused from calcium dysregulation, an abnormality of GABA, and the G-protein-coupled receptor abnormality (p. 174). 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Strategy for Modern Competitive Environment - myassignmenthelp

Question: Discuss about theStrategy for Modern Competitive Environment. Answer: Introduction: Strategy is the very important concept that has been studied since years. For making improvements in the business, strategic approach by management in every function is important. This assay deals with the discussion of the strategy and its importance for business and for a non-profit organization. The later part of the essay discusses about the challenges faced by the organizations in developing and implementing the strategy. The concept of modern competitive environment and its relation with strategy is also discussed in the essay. Strategy: Strategy is the concept that has been adopted in businesses by military. Strategy can be defined as the set of activities that bridges the gap between the means and the ends. The term strategy has entered the business area by describing the activities or the steps that the company takes in order to compete in the industry and to enhance the customers base (Besanko, Dranove, Shanley and Schaefer, 2009). Strategy is the result of the decision that has been made by the companys top management regarding the process or the policies that needs to be followed by the organization in order to work effectively. It can be defined as the patterns of the actions that are being implemented in order to perform (Ireland, 2007). It can simply be explained as the direction in which the company performs in order to achieve its goals. Importance in business: Strategy provides direction to the company: as discussed that strategy is the set of activities that needs to be conducted in the company in order to perform the tasks. These strategies provide the direction to the company to achieve its gaols. Thus it is very important for the business to make the strategies to perform each and every task. Strategy helps in using the resources optimally: making the strategy also helps in using the resources effectively and intelligently (Johnson, Langley, Melin and Whittington, 2007). There are many resources available with the organza tin. Excessive use of these resources may increase the cost of production. Thus, framing the strategy helps in using those resources effectively so that cost of production can be maintained. Enhancing business and customers retention: Strategy needs to be framed by the company in every function such as marketing, sales, HR, operations etc. making the strategy for different function results in enhancing the business practices and also helps in retaining the customers as the customers also prefer to associate with the company having proper functioning (Gobble, 2012). Example: Woolworth is the company that operates in supermarket retail industry in Australia. It is one of the leading companies in the industry and its strategies are its competitive advantage. Its effective strategies allow the company to compete with its competitors. The company evaluates the industry and the market and develop the strategies accordingly. The recent strategy of the company is to reduce the prices and cater the market (Dos Santos, 2011). As far as the expansion strategy is considered, the company focuses on developing new stores in Australia so that customers reach can be enhanced. Importance in NPO: The importance of strategy in Non-profit organization is slightly different from the for profit organization. This is because the success of the strategy in for-profit organization can be measured by its revenue, sales etc. Non-profit organizations also need strategy but their aim is different (Nestorovska, 2013). The effectiveness of strategy in this organization can be determined by the large number of people the organization is serving. Effectiveness: Strategy helps in making the process effective in the non-profit organizations. This is because if the processes of these organizations are effective then only the organization can attract more number of people (Doole and Lowe, 2008). Fund raising: Non-profit organisation need funds and cash inflow, which they cannot earn but have to get it from the other organizations (Teece, 2010). This process also required the company to make strategy so that more and more profit organization invest and support the non-profit organization. Planning: It is one of the major advantages the non-profit organization has by making the strategies. Planning is not only important for non-profit organization but also for the for profit organizations. Different non-profit organizations have different gaols and have different strategies to achieve the same. Some runs their firm to support the animals, some support the poor people. So, this organization works for a social cause. Oxfam is one of the NPO in Australia that believes in implementing different strategies to cater the service to the people. As far as the recent strategy of the company is considered, they are concentrating on empowering women so that the social cause of domestic violence can be removed (Eyben, Kidder, Rowlands and Bronstein, 2008). Thus making strategy of educating the women and supporting them has supported them to achieve the gaols. Challenges in developing strategy: for business and for NPO Environmental challenges: the major challenge that the organizations face in order to develop the strategy for the company is environmental challenge (Dul, Bruder, Buckle, Carayon, Falzon, Marras, Wilson and van der Doelen, 2012). The internal and the external environment of the company affect the strategy development of the same. This is because the change in the internal environmental of the company and the variations in the industrial environment have to be considered when the strategy of the company needs to be developed. Challenges of resource availability: It is very important for the companies to make use of the resources available in optimum manner (Freeman, 2010). This is because if the company does not use the resources optimally then it may raise their cost of production. The availability of the resources is also challenge for the company as the company needs to make the strategy according to the resource available to them. Sustainability as a challenge: These days, sustainability is the big challenge faced by the organizations (David, 2011). This is because the practices of the companies are harming the nature and the atmosphere. Thus making the strategy according to the sustainability laws in mind is necessary. Legal and governmental policies: different policies area framed by the government for different industries. Thus, the organization needs to frame the strategy in accordance with the legal policies made by the government (Hitt, Ireland and Hoskisson, 2012). Challenges in implementing strategy: Insufficient partner buy in: implementing the strategy requires the process to be followed. Kit has been analysed that it is not necessary that every partner needs the change or can adapt the change effectively. Thus, it is very difficult to make the changes or implementing the strategy in the process. Insufficient leadership attention: implanting strategy requires effective leadership. This is because here the leaders have to pay their part in implementing the strategy and helping thee people to adapt the same. Implementation of the strategy fails when there is weak leadership. Weak strategy: for implementing the strategy effectively, it is required to make strong strategy that is appropriate to achieve the desired gaols (Hill, Jones and Schilling, 2014). If the strategy that has been made is not related to the goals that have been set then it is not possible to get the desired outcome and thus the implementation of the strategy also fails. Making the strategies that are appropriate and aligned with the objectives that need to be achieved then the implementation of the strategy become very easy as it automatically gives best results. Resistance of change: there are employees in the organization that resist the changes that have been made in the companys process (Peppard and Ward, 2016). This is because the change in the processes requires the organization to make changes in the associated function as well. The employees need to adapt those changes and require to get trained in new processes and skills. Some of them resist these changes as they need to make so much effort to adapt such changes. Example: Oxfam is the non-profit organisation that has faced many issues at the time of implementing the strategies. One of the issues or the challenge is the weak management role. This is the major challenge that has been faced by the company called Oxfam (Eyben, Kidder, Rowlands and Bronstein, 2008). Some of the other problems are unaligned structure of the company, lack of communication between the department etc. these problems need to be resolved so that the strategies cam be implemented easily in the company. Modern competitive environment: A modern competitive environment can be defied as the external system that affects the practices of the company or the business. It is the environment where all the companies function and compete with each other to get large customers base and market share. If there are large numbers of sellers in the market then the industry has to face large competition as the customers have many choices. In other case if there are less number of sellers than customers have fewer choices and thus the competition is also low in that industry (Wheelen and Hunger, 2011). This competitive environment also involves the competitors that can be divided into two categories. First one is the direct competitors. These are the competitors who sell the similar type of products while the indirect competitors are those who sell different types of products but still compete with the other companies. For any business, it is very necessary to conduct competitive environment analysis so that information about the in dustry and the competitors can be analysed in order to frame the strategy. There are many factors that affect the competition the industry. Two of the factors are indirect and direct competitors. The third factor that affects the competitive environment in this modern world is the regulators elements. Government makes different policies for different industry. The last element that makes the environment competitive is the social and technological trends. The social and technological trends are changing and thus making the environment more competitive for some of the companies. This is because the companies have to change their processes according to the new technology. Relevancy of strategy in modern competitive environment: Strategy formation is that major function that needs to be conducted in the organization and environment of the industry is major component that affect the formation of the industry. This is because the change in the environment and the level of competition in the industry allow the company to make changes in its strategies so that it can compete in the competitive environment of the industry. It has been analysed that porters five forces is the technique that helps the organization to analyse the five factors that makes the environment competitive such as the threat of competitors, substitutes and new entrants and the bargaining power of seller or buyers. Change in these factors affects the level and intensity of the competition in the industry. For example, the fast food industry is becoming highly competitive these days (Besanko, Dranove, Shanley and Schaefer, 2009. This is because of the changes in the demands and choices of the people from the fast food companies. McDonalds have realised that the environment is becoming competitive and thus developed the strategy of serving the people with different types of meals other than burgers such as McPuff, McFlurry etc. this facilitates the company to cater big market and customers base. There are many companies such as Woolworth and Coles who understands the competition level in the market and this make the strategy accordingly. Conclusion: It has been concluded from the report that Strategy is the very important concept that has been studied since years. For making improvements in the business, strategic approach by management in every function is important. Strategy is the concept that has been adopted in businesses by military. Strategy can be defined as the set of activities that bridges the gap between the means and the ends. It has been analysed from the report that strategy is very important for the business and for the Non-profit organizations as well. This is because for running the business and achieving the desired goals, it is required by the company to frame the strategies that provide direction that needs to be followed. References: Besanko, D., Dranove, D., Shanley, M. and Schaefer, S., 2009.Economics of strategy. John Wiley Sons. David, F.R., 2011.Strategic management: Concepts and cases. Peaeson/Prentice Hall. Doole, I. and Lowe, R., 2008.International marketing strategy: analysis, development and implementation. Cengage Learning EMEA. Dos Santos, M.A., 2011. Minimizing the business impact on the natural environment: a case study of Woolworths South Africa.European Business Review,23(4), pp.384-391. Dul, J., Bruder, R., Buckle, P., Carayon, P., Falzon, P., Marras, W.S., Wilson, J.R. and van der Doelen, B., 2012. A strategy for human factors/ergonomics: developing the discipline and profession.Ergonomics,55(4), pp.377-395. Eyben, R., Kidder, T., Rowlands, J. and Bronstein, A., 2008. Thinking about change for development practice: a case study from Oxfam GB.Development in Practice,18(2), pp.201-212. Freeman, R.E., 2010.Strategic management: A stakeholder approach. Cambridge university press. Gobble, M.M., 2012. Innovation and strategy.Research-Technology Management,55(3), pp.63-67. Hill, C.W., Jones, G.R. and Schilling, M.A., 2014.Strategic management: theory: an integrated approach. Cengage Learning. Hitt, M.A., Ireland, R.D. and Hoskisson, R.E., 2012.Strategic management cases: competitiveness and globalization. Cengage Learning. Ireland, R.D., 2007. Strategy vs. entrepreneurship.Strategic Entrepreneurship Journal,1(1?2), pp.7-10. Johnson, G., Langley, A., Melin, L. and Whittington, R., 2007. Strategy as practice.Research directions and resources. Cambridge. Nestorovska, T., 2013. The role of the human resources in the creation of the competative advantage in the modern buisness environment.European Scientific Journal, ESJ,9(34). Peppard, J. and Ward, J., 2016.The strategic management of information systems: Building a digital strategy. John Wiley Sons. Teece, D.J., 2010. Business models, business strategy and innovation.Long range planning,43(2), pp.172-194. Wheelen, T.L. and Hunger, J.D., 2011.Concepts in strategic management and business policy. Pearson Education India.

The Corner Shop free essay sample

Analysis and interpretation of †The Corner Shop† In the last decades globalization has forced every country in the world to define what values and unique characteristics makes the country different and exceptional. The essay â€Å"The Corner Shop† is written by the British writer and former journalist at the centre-left liberal newspaper The Guardian Shyama Pereras in 2000, and it deals with this exact topic. She puts focus on how globalization has taken a thing considered as a unique specimen of a nation and changed it into something foreign. The corner shop stands today as a daily reminder that we all live in a global village. Shyama Pereras starts her essay with a quote from the Sunday Times that says â€Å"if your surname is Partel, you’re seven times more likely to be a millionaire than if your name is Smith†. To understand this statement, it’s important to understand the history of the name Partel. We will write a custom essay sample on The Corner Shop or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Partel is a surname of Indian origin. Within the United Kingdom, it is the twenty-fourth most common surname nationally, and in central London it is third most common. When The Sunday Times uses Partel in comparison with the surname Smith, which is the most common name in the United Kingdom, she puts every Englishman up against every middle-eastern immigrant in the United Kingdom. What the Sunday Times really is saying, is that when you’re a middle-eastern immigrant you have a much bigger chance of being a millionaire than if your part of the indigenous English population. Pereras chooses to involve this Sunday Times â€Å"rich list†, to underline the actuality and legitimacy, which this topic has in today’s society. To exemplify she gives a daily example that especially Englishmen know and can relate to: The corner shop. This compressed form of shop where you can buy the basics such as alcoholic and soft drinks, newspaper, magazines and simple groceries has since the concepts entry been considered as a core-British asset. Shyama Pereras describes the corner shop as much more than just a little shop; it is â€Å"the center of community life†, these sights are used for locals to meet and greet. Back in time Brits used these shops as a place where they could buy their â€Å"New Zealand butter, Ceylon Tea and the Daily Herald† – all goods that are British trademarks. However did the Corner Shops undergo a drastic change up through the centuries – as the increasing globalization took its toll in the last part of 19th century, the assortment of different supplies from around the world expanded and suddenly there was a decline in demand of old traditional British articles. Here Shyama Pereras uses her own experience to further clarify this development. Her local corner shop sold the articles that you would expect from a shop like that however did a similar shop with an Indian owner expand the range of goods so it now also included readymade curry chicken, even to an unbeatable price. As a result of this, the traditional corner shop weren’t able to compete and had to close down. This wasn’t an exceptional case, the vast majority of the traditional British corner shops were replaced by a redesigned, more efficient, middle-eastern business model. Shyama Pereras doesn’t show a particular opinion in this essay. She simply explain how globalization has had its impact on our everyday life. The urbanization and multicultural flow has turned the view on what is considered as a unique characteristic of a nation and what is foreign, upside down. She calls the foreigners who came and overtook the corner shop market â€Å"innovative reinventions†. Foreign people came to the shores of the United Kingdom and took something that was the very essence of being British and changed it into something better and more efficient – it may not be as tradition-bound, but the indigenous British people has accepted this in return of a much more varied, and for some, more exciting and exotic selection of goods. Another explanation to this phenomenon could be that the Brits don’t see it as a â€Å"high status job† to be standing behind a counter all day. It may have been more socially acceptable in the old days to own a corner shop than it is today due to the economic growth of the western hemisphere and an increasing number of immigrants, who would be more than satisfied with a job in a corner shop. Shyama Pereras deals with globalization as the general theme in this essay. She tries to give an answer to how the corner shop has changed from being a symbol of nationality, to a symbol of internationality. Pereras writes through the eyes of an indigenous Brit by saying â€Å"we didn’t like† and â€Å"none of us saw at the time† which gives a feeling of her being a part of the affected group of globalization. Shyama Pereras concludes her essay with the statement: â€Å"the concept, steeped in white British history, is now a marker of our multi-ethnic future. † This underlines a tendency in modern society: that what is a national unique gem today – may be global mainstream tomorrow. .