Forecasting †Simple Linear Regression Applications Free Essays

Measurements FOR MGT DECISIONS FINAL EXAMINATION Forecasting †Simple Linear Regression Applications Interpretation and Use of Computer Output (Results) NAME SECTION A †REGRESSION ANALYSIS AND FORECASTING 1) The administration of a worldwide lodging network is assessing the potential destinations for another unit on a sea shore resort. As a feature of the investigation, the administration is keen on assessing the connection between the separation of an inn from the sea shore and the hotel’s normal inhabitance rate for the season. An example of 14 existing inns in the zone is picked, and every inn reports its normal inhabitance rate. We will compose a custom exposition test on Estimating †Simple Linear Regression Applications or then again any comparable point just for you Request Now The administration records the hotel’s separation (in miles) from the sea shore. The accompanying arrangement of information is acquired: Distance (miles)0. 10. 10. 20. 30. 40. 40. 50. 60. 7 Occupancy (%)929596908996908385 Continue Distance (miles)0. 70. 80. 80. 90. 9 Occupancy (%)8078767275 Use the PC yield to react to the accompanying inquiries: an) A straightforward direct relapse was ran with the inhabitance rate as the ward (clarified) variable and good ways from the sea shore as the autonomous (clarifying) variable Occpnc=b[pic]+b[pic](Distncy) What is the assessed relapse condition? The relapse model is: Occpnc = b[pic] + b[pic](Distncy) The evaluated relapse condition is: OCCUPNC = 99. 61444 †26. 703 DISTNCY b) Interpret the importance behind the qualities you get for the two coefficients b[pic] and b[pic]. b[pic]=99. 61444, speak to the y-block just as the beginning figure for the separation inclusion. This is the measure of separation in miles that the lodging is from a sea shore. b[pic] = 26. 703, speaks to the level of inhabitance a lodging has relying upon the separation of the inn from a sea shore. c) What kind of relationship exists between normal lodging inhabitance rate and the hotel’s good ways from the sea shore? Does this relationship sound good to you? Why or why not? Both separation and inhabitance have an immediate relationship. This is genuine on the grounds that closer the inn is to the sea shore, the higher the possibility that the hotel’s inhabitance will be more prominent. On the off chance that an individual is going to remain at an inn, odds are they are on an excursion. Individuals in the midst of a get-away love to invest energy in a sea shore for unwinding purposes, so it would just bode well that an inn that is nearer to the sea shore will have a higher inhabitance rate. d) Interpret the R-Square an incentive in your PC yield R-Squared = 0. 848195 = 84. 8195 ) Predict the normal inhabitance rate for an inn that is (I) one mile from the sea shore around there, (ii) one and half miles from the sea shore. I. OCCUPNC = 99. 61444 †26. 703 (1) = 99. 61444 †26. 703 = 72. 911 ii. OCCUPNC = 99. 61444 †26. 703 (1. 5) = 99. 61444 †40. 055 = 59. 559 f) In your br ain, what different factors contribute decidedly or adversely to lodging inhabitance other than good ways from the sea shore? Different factors that contribute decidedly or contrarily to inn inhabitance other than good ways from the sea shore incorporate the separation of eateries, strip malls, and air terminal from the lodging. The closer theories factors are to the lodging the odds the inhabitance rate will be higher. Likewise, different factors may incorporate what kind of pleasantries that are offered by the lodging, client support, and rating of the inn. g) At a degree of criticalness, ? = 0. 01 or 1 percent test the accompanying pair of speculations: H[pic]: b[pic]= 0 H[pic]: b[pic]? 0 On the model: Occpnc=b[pic]+b[pic](Distncy) What is your decision and why that specific end? PC OUTPUT †PART 1 INTERNATIONAL HOTEL REGRESSION FUNCTION ANOVA FOR OCCPNCY = 99. 61444 †26. 703 DISTANCE R-Squared = 0. 848195 Adjusted R-Squared = 0. 835545 Standard blunder of gauge = 3. 339362 Number of cases utilized = 14 Analysis of Variance p-esteem Source SS df MS F Value Sig Prob Regression 747. 68 1 747. 68390 67. 04880 0. 000002 Residual 133. 82 12 11. 15134 Total 881. 50 13 COMPUTER OUTPUT †PART 1 INTERNATIONAL HOTEL REGRESSION COEFFICIENTS FOR OCCPNCY Two-Sided p-esteem Variable Coefficient Std Error t Value Sig Prob Constant 99. 61444 1. 4107 51. 31933 0. 000000 DISTANCE - 26. 70300 3. 26110 - 8. 18833 0. 000002 * Standard mistake of gauge = 3. 339362 Durbin-Watson measurement = 1. 324282 MULTIPLE REGRESSION 2) You need to discover factors that clarify an individual’s week by week reserve funds. You are given a lot of information underneath: Sampled WeeklyHouseFoodEntertain/Weekly IndividualIncomeRentExpenseExpenseSavings Case 1$25085952520 Case 2$1907590100 Case 3$4201401204050 Case 4$340120130040 Case 5$2801101003015 Case 6$310801252525 Case 7$5201501405580 Ca se 8$440175155450 Case 9$36090852095 Case 10$3851051353530 Case 11$2058010505 Case 12$26565951515 Case 13$19550801020 Case 14$25090100250 Case 15$4801401604545 A different relapse was ran with WEEKLY SAVINGS as the DEPENDENT VARIABLE and the rest as the INDEPENDENT VARIABLES. Investment funds = b[pic][pic]+ b[pic]INCOME + b[pic]RENT + b[pic]FOOD + b[pic]ENTERT a) What is the evaluated various relapse condition? Investment funds = 23. 14156 + 0. 591446 INCOME †0. 341793 RENT †1. 119734 FOOD †0. 907868 ENTERT b) What relationship exists between (I) SAVINGS and INCOME? , SAVINGS and RENT? , SAVINGS and FOOD cost, SAVINGS and ENTERTAINMENT cost? There are no immediate connection among sparing and pay, investment funds and lease, reserve funds and food cost, and reserve funds and diversion cost. c) Which of the autonomous (clarifying) factors are (is) huge in the various relapse and which ones are (isn't) noteworthy (use ? = 0. 05 degree of hugeness). Are the outcomes in accordance with Maslow progression of necessities? Clarify. PC OUTPUT PART I WEEKLY SAVINGS REGRESSION FUNCTION ANOVA FOR SAVINGS = 23. 14156 + 0. 591446 INCOME †0. 341793 RENT †1. 119734 FOOD †0. 907868 ENTERT R-Squared = 0. 917562 Adjusted R-Squared = 0. 70454 Standard mistake of gauge = 10. 9635 Number of cases utilized = 12 Analysis of Variance p-esteem Source SS df MS F Value Sig Prob Regression 9364. 86 4 2341. 21 19. 47795 0. 000677 Residual 841. 39 7 120. 198 Total 10206. 250 11 COMPUTER OUTPUT PART II WEEKLY SAVINGS REGRESSION COEFFICIENTS FOR SAVINGS Two-Sidedp-esteem Variable Coefficient Std Error t Value Sig Prob Constant 23. 14156 18. 34071 1. 26176 0. 247451 INCOME 0. 59145 0. 07388 8. 00526 0. 000091 RENT - 0. 4179 0. 19849 - 1. 72199 0. 128743 * FOOD - 1. 11973 0. 24633 - 4. 54565 0. 002650 ENTERT - 0. 90787 0. 32460 - 2. 79689 0. 026643 * shows that the variable is set apart for leaving Standard blunder of gauge = 10. 9635 Durbin-Watson measurement = 1. 683103 3) REGRESSION ANALYSIS A specialist is attempting to evaluate the connection between the cost of good X and the deals of good Y of specific gatherings of staples. Tests in comparable urban areas all through the nation have yielded the information underneath: PRICE (X)SALES (Y) $2010,300 $259,100 $308,200 $356,500 $405,100 $502,300 A basic straight relapse of a model SALES(Y) = b[pic] + b[pic]PRICE(X) Was run and the PC yield is demonstrated as follows: PRICE OF X/SALES OF Y REGRESSION FUNCTION ANOVA FOR SALES(Y) SALES(Y) = 15907. 14 †269. 7143 PRICE(X) R-Squared = 0. 994999 Adjusted R-Squared = 0. 993749 Standard mistake of gauge = 230. 9143 Number of cases utilized = 6 Analysis of Variance p-esteem Source SS df MS F Value Sig Prob Regression 4. 24350E+07 1 4. 24350E+07 795. 83480 0. 000009 Residual 213285. 70000 4 53321. 43000 Total 4. 26483E+07 5 Cost OF X/SALES OF Y REGRESSION COEFFICIENTS FOR SALES(Y) Two-Sidedp-esteem Variable Coefficient Std Error t Value Sig Prob Constant 15907. 14000 332. 34250 47. 86370 0. 000001 PRICE(X) - 269. 71430 9. 56076 - 28. 21054 0. 000009 * Standard mistake of gauge = 230. 9143 Durbin-Watson measurement = 1. 687953 QUESTIONS a) What is the evaluated condition of the model: SALES(Y) = b[pic] + b[pic]PRICE(X)? SALES(Y) = 15907. 14 †269. 7143 PRICE(X) b) What kind of relationship exists between SALES OF Y and the PRICE OF X? Does this relationship bode well? Why or why not? There is an immediate connection between Sales of Y and the Price of X. The lower the value the higher are the deals. This bodes well supposing that the cost is lower, an individual will buy more things. c) What would you be able to state about GOOD Y and GOOD X (a decent can be a thing, a ware, and so on ). Name a couple of good X and great y that can show this sort of relationship. Assume the cost of treats is $0. 50/lb, the deals of the candy versus a similar sort of treats that is $0. 80/lb would yield more deals due to the cost. The cost of the candy legitimately influences deals in this case in light of the fact that an individual would purchase more candy at $0. 0/lb versus $0. 80/lb. 4) REGRESSION ANALYSIS An agent is attempting to evaluate the connection between the cost of good X and the deals of good Z of specific gatherings of staples. Tests in comparative urban areas all through the nation have yielded the information beneath: PRICE (X)SALES (Z) $153300 $203900 $254750 $ 305500 $406550 $507250 A basic direct relapse of a model SALES (Z) = b[pic] + b[pic]PRICE(X) Was run and the PC yield is demonstrated as follows: PRICE OF X/SALES OF Z REGRESSION FUNCTION ANOVA FOR SALES(Y) SALES(Z) = 1740. 686 + 115. 5882 PRICE(X) R-Squared = 0. 977573 Adjusted R-Squared = 0. 71966 Standard mistake of gauge = 255. 2152 Number of cases utilized = 6 Analysis of Variance p-esteem Source SS df MS F Value Sig Prob Regression 1. 13565E+07 1. 13565E+07 174. 35450 0. 000190 Residual 260539. 20000 4 65134. 80000 Total 1. 16171E+07 5 PRICE OF X/SALES OF Z REGRESSION COEFFICIENTS FOR SALES(Z) p-esteem Variable Coefficient Std Error t Value Sig Prob Constant 1740. 68600 282. 52800 6. 16111 0. 003522 PRICE(X) 115. 58820 8. 75381 13. 20434 0. 000190 * Standard mistake of gauge = 255. 2152

An Effective Tool for Better Management

Questions: Characterize fabricating overhead, and: Refer to three instances of run of the mill costs that would be remembered for assembling overhead. Clarify why organizations create foreordained overhead rates. Clarify why the expansion in the overhead rate ought not have a negative monetary effect on Borealis Manufacturing. Clarify how Borealis Manufacturing could change its overhead application framework to take out disarray over item costs. Depict how a movement based costing framework may profit Borealis Manufacturing.? Answers: Borealis Manufacturing was formerly utilizing QC examiners for quality control process. The QC monitors were designated at each significant procedure and there were an aggregate of 10 examiners. The compensation being paid to the investigators was charged to the activity as immediate work. Be that as it may, so as to build productivity and quality, the organization presented a modernized video QC framework at an expense of $250000. There were 2 QC engineer designated to work the cameras. The working expenses of the new QC framework and the compensation of the two QC engineers is remembered for the production line overhead so as to ascertain the companys fabricating overhead rate which depends on direct work. The Vice President of creation is concerned as the overhead rate has expanded after the execution of new QC framework. The assembling overhead and the overhead rate when are as beneath: Previously After Planned Manufacturing Overhead 1900000 2100000 Planned Direct Labor Cost 1000000 700000 Planned Overhead rate 190% 300% Assembling Overhead otherwise called Factory Overhead can be characterized as the circuitous costs which are caused in the creation of an item alongside direct material and direct work. The assembling overhead expenses ought to be doled out to every unit delivered with the goal that the expense of merchandise sold and the stock can be esteemed and detailed according to the for the most part acknowledged standards (GAAP). There are likewise non producing costs like selling and managerial costs which are brought about over the span of the business, yet these expenses are introduced in the Income Statement as costs speak to a piece of the absolute expense. They are not allocated to the item for stock and COGS purposes. There are numerous costs which structure a piece of the assembling overhead, anyway three kinds of costs that will regularly be remembered for creation include: Compensations and wages of individuals engaged with review of the item, support of the gear, tidiness of the assembling zone, material taking care of, setting up the assembling hardware and the production line supervisory crew. Deterioration on the plants and types of gear and the offices utilized underway Power, water, flammable gas costs acquired in the creation offices and hardware. A pre-decided overhead rate is the portion rate which is utilized by the organization to distribute the evaluated fabricating overhead expenses to every unit of item for a predefined revealing period. The rate is utilized with the goal that the bookkeeping books can be shut rapidly since a ton of time will be squandered in assembling the real assembling overhead and apportioning the equivalent. The foreordained rate can be processed as follows: Evaluated measure of assembling overhead for the period Assessed assignment base for the period There are two bases which can be utilized for deciding the pre decided overhead rate which are Machine Hours and Labor Hours. Machine and works are legitimately associated with creation of merchandise and thus it tends to be distinguished concerning how long are required by the machine to deliver a section or the time taken by the work to gather a piece of the hardware. The pre decided overhead rate can be utilized to assign the assets accessible to an organization and in this way help in setting of the costs of the item. The overhead rate helps in designating fabricating overheads to a specific item. The complete assembling overhead will be assigned to all the items on premise of overhead rate. Regardless of how much expense is apportioned to which item, the all out assembling overhead will continue as before and will be accounted for as the stock and the expense of products sold in the fiscal summaries. These sums will be sensibly right. In addition, as long as the manufacturing plant overhead shows up in the fiscal reports as the expense of products sold, the budget summaries will be precise and will get a perfect review report. For example in the above case, the complete assembling costs before the establishment of the new framework is $1900000 distributed to the items created by Borealis based on direct work cost. In any event, when the assembling overhead has expanded to $2100000, a similar will be apportioned based on work cost. Since the overhead rate is higher in the new framework, an item re quiring more work will be distributed higher assembling overhead. In any case, the complete assembling overhead as detailed in the fiscal summaries as cost of products sold will remain $2100000, along these lines not influencing the budget summaries. So as to stay away from disarray over the allotment of circuitous expenses to the items, Borealis Manufacturing can take a gander at changing its costing framework to make it progressively productive and proper. Right now, the immediate work cost is the portion base for assembling overhead designation. After establishment of the new framework, the immediate work cost has gone down from $1000000 to $700000, and the assembling overhead as expanded from $190000 to $2100000, along these lines expanding the overhead ingestion rate to 300% from 190%. Consequently, an item/process requiring more work will be assigned higher assembling overhead regardless of whether the item/process doesn't shape a significant piece of the complete creation or procedure of the organization. In this manner, the distribution may be improper. All together, to expel the wastefulness in asset distribution, Borealis ought to embrace a costing technique which designates the overhead expenses in a progressively intelligent way and not simply based on direct work cost. As of now there might be items which require higher machine hours and the machine hour rate might be more than the immediate work cost rate. So the items with more machine hours and less work hours will be distributed lower overhead expense since the overhead rate depends on direct work cost. Though, as far as costs, more expenses are being caused for the said item. Consequently, so as to dispense with this imperfection of doling out assembling overhead expenses based on just a single specific premise like machine hours or work hours/cost is mistaken, a superior method of cost division would be through Activity Based Costing (ABC) which contemplates the explanation behind the acquiring of the assembling overhead for example which action is making the overhead bri ng about and afterward it doles out the expenses to the items which request the vast majority of those exercises, therefore making the distribution progressively legitimate. Movement Based Costing is a two procedure framework where the overhead expenses are relegated to the exercises in the principal stage and afterward the expenses are assigned from these exercises to the items in the subsequent stage. The fundamental presumption in ABC costing is that the overhead expenses are brought about because of various exercises and the various items utilize these exercises in a non-homogenous way. In this manner there might be a few exercises which are more costly than the other. An item which utilizes a large portion of the costly movement will be allocated higher overhead expenses. The different advances associated with Activity Based Costing are as per the following: ID of all exercises engaged with the procedure of creation Order of the action based on cost progressive system ID of the complete expenses for each action distinguished Distinguishing proof of the cost drivers for every action Estimation of the all out units of the cost drivers important for every movement Count of the action utilization rate by partitioning the action cost per unit by the applicable cost driver Allocation of the expense of every movement to the item dependent on the action rate. In the above instance of Borealis, the different exercises and the important cost drivers to that movement could include: Movement Pertinent Cost Driver Creation of parts Number of machine hours Get together of parts Number of work hours Set up costs Number of set ups Item testing Number of testing hours Structuring Number of fashioner hours Contrasts in the units Number of contrasts Bundling Number of units Delivery Number of units Lease Work cost Numerous associations have received the ABC costing technique for asset designation as it is progressively proper and consistent; in any case, the framework has its own impediments which may hold the organization from executing the framework: Costly usage the execution of ABC costing is over the top expensive and tedious as it includes separating the procedure into different exercises. It can prompt utilizing of organization assets as information is gathered and entered in the framework. Utilization of programming for ABC, arrangement of a specific specialist and preparing of the workers are different expenses of presenting ABC costing. Confusion of Data the bookkeeping gauges acknowledge the conventional costing and not the action based costing. Consequently, deciphering the ABC cost allotment with the customary bookkeeping data can prompt deceiving and awful dynamic. Be that as it may, the advantages of ABC costing are more when contrasted with the confinements and an organization should utilize programming to incorporate its data with the ordinary cost bookkeeping data. References Mahal, I., Hossain, A., (2015), Activity Based Costing (ABC) An Effective Tool for Better Management, R

Yoox

Yoox WHAT IS YOOX?The CompanyYoox is an Italian e-commerce company that has successfully created an online fashion store and business that serves more than 100 countries all over the world. The store sells clothing and accessories from multiple brands and was founded by Frederico Marchetti. Marchetti is a former investment banker who created the company in 2000. He studied economics at the Bocconi University in Milan and then went on to complete his MBA from Columbia Business School in the United States.The Yoox name is supposedly a play on the male chromosome Y and the female chromosome X. The two are linked with the infinity symbol displayed as two OOs. The company has been listed among the Time Magazine’s “50 coolest websites” in 2004 for the Lifestyle and Culture category. The internet platform is powered by Hewlett-Packard since the beginning of its operations. The company maintains the quality of its website by maintaining multiple studios that take merchandise photos to displ ay on the website. About 60 trained photographers work within these studios in Italy and the United States.In the past year, 3 million orders have been delivered to 1.1 million active customers in a 100 countries. Sales for Yoox have grown at an average rate of 37 percent every year. The online luxury market itself grew from close to $1 billion in 2003 to almost $13.5 billion in 2013. A major portion of this growth is centered in the United States and American brands make up 50 percent of all sales.This growth is convincing luxury brands of the necessity of embracing the internet and planning for it in the long term. Yoox has enabled these brands to showcase their products in ways that keep the brand’s name and tradition alive.History of YooxThe history of Yoox is very much interlinked with its enigmatic founder Frederico Marchetti. He was born in Ravenna, in North-East Italy in 1969, completed a degree in Economics from Milan and went on to work for three years in an investment b ank. After completing his MBA from Columbia University, he returned to Milan and joined a consultancy firm.Extremely unhappy with this career move, he was inspired to become an entrepreneur and with a clear vision of converging the worlds of fashion and the internet, Frederico Marchetti conceived the idea for Yoox.com in 1999. His target was not the bargain hunter or a traditional off price website. Instead, he aimed to target the sophisticated shopper who was confident about creating their own outfits without the need for current season offerings. This was his pitch to his future partners, this is what encouraged them to trust him with their brands and he ensured that this trust was not misplaced.Marchetti created a twenty page business plan and left his job at a consultancy firm. With very little connection within the fashion world or banks, he decided to approach venture capitalists. These were relatively rare in Italy at the time. He eventually connected with Elserino Piol who h eard his plan and offered him an investment. Within a few months, the site was designed and ready for launch. The website broke even within three years and continued to grow from there on.Though faced with competition, Marchetti stuck to his vision of being “a global partner in ecommerce for leading fashion brands.” His calculated expansions and strategy has made the company continue to fulfill this vision and promise.Yoox BusinessesThe Yoox Group has a variety of similar businesses. These include the Yoox online multi-brand stores that sell at discounted prices, mono-brand online stores for established brands and the full price multi-brand online stores.Yoox.com: Yoox.com sells clothes and accessories from luxury brands at discounted or outlet prices. The company manages this by purchasing last season’s overstocked or unsold items from the brands that they work with and their authorized dealers. This enables the brands to sell the excess stock without reducing the brand’s v alue or affecting sales of new stock. These brands include well known labels such as Dolce Gabbana, Diesel, Gucci, Armani and Cavalli. Some labels such as Chanel, Dior and Pucci sell only at special occasions while others such as Hussein Chalavan and Alexandre Herchcovitch create special, smaller collections specifically to be sold at yoox.com.Mono-Brand Stores: Yoox created a separate business, Yoox Services, in 2006 to operate and manage the online presence for major fashion labels such as Marni, Armani, Diesel, Stone Island. Valentino, Emilio Pucci, Dolce Gabbana, Moschino, Dsquared, Roberto Cavalli, Coccinelle, Giuseppe Zanotti, Alberta Ferretti, Maison Martin Margiela and Y-3 among others.Thecorner.com: Yoox’s full price item venture exists under the domain name thecorner.com. Launched in 2008 as a menswear retail store, the website soon expanded to include womenswear as well. The website stocks a selection of clothes and accessories from established designer brands and sma ller, more niche labels.Shoescribe.com: In 2013, the company launched a dedicated shoe store. The site offers a shoe subscription service which includes free shipping, free repairs and a 50 percent discount on the buyer’s birthday.IPOThe company began as a privately held business funded by a series of venture capital firms such as Capital Kiwi of Italy, 360 Capital Partner (Net Partners, Italy) and Balderton Capital. In 2009, the company went public and listed on the Milan Stock Exchange, generating 104.5 million Euros as a result.PRODUCTSYoox.com primarily sells overstocked or unsold items from major brands at discounted prices. The company takes what it sells very seriously and does not just sell whatever is available. A team of buyers is sent to catalogue available items that the brand itself or its authorized manufacturers and retailers are offering. The carefully curated items, which include predominantly European designers or unusual pieces from other leading labels are then sold in the online store. The site offers the option of looking for an outfit for a particular event by recommending appropriate items from its available stock.BUSINESS MODEL KEY COMPONENTSRevenue ModelYoox is a turnkey solution for its partner brands and handles all merchandising, digital production, packaging and delivery. The company earns close to 72 percent of its revenue from three of its websites. This revenue totaled $605 million in 2013. All three Yoox businesses (Yoox.com, shoescribe.com and thecorner.com) make money. According to Marchetti, “Business is meant to be profitable.”The Yoox USPThe biggest advantage Yoox has over its competitors is its early start in a market that was wary of taking the online plunge. The company partnered with the right people at the right time and continued to justify their trust by preserving their brand image. The key to success for Yoox remains a mix of precise customer targeting, strong direct relationships with the designers and la bels, control over brand images and exceptional operational efficiency.LEARNING FROM YOOX’S SUCCESS © YooxYoox Group is made up of a set of profitable fashion based ecommerce stores. In this article, we will look at 1) what is Yoox?, 2) products, 3) business model and key components, 4) learning from Yoox’s success.WHAT IS YOOX?The CompanyYoox is an Italian e-commerce company that has successfully created an online fashion store and business that serves more than 100 countries all over the world. The store sells clothing and accessories from multiple brands and was founded by Frederico Marchetti. Marchetti is a former investment banker who created the company in 2000. He studied economics at the Bocconi University in Milan and then went on to complete his MBA from Columbia Business School in the United States.The Yoox name is supposedly a play on the male chromosome Y and the female chromosome X. The two are linked with the infinity symbol displayed as two OOs. The company has been listed among the Time Magazine’s “50 coolest websites” in 2004 for the Lifestyle and Culture category. The internet platform is powered by Hewlett-Packard since the beginning of its operations. The company maintains the quality of its website by maintaining multiple studios that take merchandise photos to display on the website. About 60 trained photographers work within these studios in Italy and the United States.In the past year, 3 million orders have been delivered to 1.1 million active customers in a 100 countries. Sales for Yoox have grown at an average rate of 37 percent every year. The online luxury market itself grew from close to $1 billion in 2003 to almost $13.5 billion in 2013. A major portion of this growth is centered in the United States and American brands make up 50 percent of all sales.This growth is convincing luxury brands of the necessity of embracing the internet and planning for it in the long term. Yoox has enabled these brands to showcase their products in ways that keep the brand’s name and tradition alive.History of YooxThe history of Yoox is very much interlinked with its enigmatic founder Frederico Marchetti. He was born in Ravenna, in North-East Italy in 1969, completed a degree in Economics from Milan and went on to work for three years in an investment bank. After completing his MBA from Columbia University, he returned to Milan and joined a consultancy firm.Extremely unhappy with this career move, he was inspired to become an entrepreneur and with a clear vision of converging the worlds of fashion and the internet, Frederico Marchetti conceived the idea for Yoox.com in 1999. His target was not the bargain hunter or a traditional off price website. Instead, he aimed to target the sophisticated shopper who was confident about creating their own outfits without the need for current season offerings. This was his pitch to his future partners, this is what encouraged them to trust him with their brands and he ensured that this trust was not misplaced.Marchetti created a twenty page business plan and left his job at a co nsultancy firm. With very little connection within the fashion world or banks, he decided to approach venture capitalists. These were relatively rare in Italy at the time. He eventually connected with Elserino Piol who heard his plan and offered him an investment. Within a few months, the site was designed and ready for launch. The website broke even within three years and continued to grow from there on.Though faced with competition, Marchetti stuck to his vision of being “a global partner in ecommerce for leading fashion brands.” His calculated expansions and strategy has made the company continue to fulfill this vision and promise.Yoox BusinessesThe Yoox Group has a variety of similar businesses. These include the Yoox online multi-brand stores that sell at discounted prices, mono-brand online stores for established brands and the full price multi-brand online stores.Yoox.com: Yoox.com sells clothes and accessories from luxury brands at discounted or outlet prices. The compan y manages this by purchasing last season’s overstocked or unsold items from the brands that they work with and their authorized dealers. This enables the brands to sell the excess stock without reducing the brand’s value or affecting sales of new stock. These brands include well known labels such as Dolce Gabbana, Diesel, Gucci, Armani and Cavalli. Some labels such as Chanel, Dior and Pucci sell only at special occasions while others such as Hussein Chalavan and Alexandre Herchcovitch create special, smaller collections specifically to be sold at yoox.com.Mono-Brand Stores: Yoox created a separate business, Yoox Services, in 2006 to operate and manage the online presence for major fashion labels such as Marni, Armani, Diesel, Stone Island. Valentino, Emilio Pucci, Dolce Gabbana, Moschino, Dsquared, Roberto Cavalli, Coccinelle, Giuseppe Zanotti, Alberta Ferretti, Maison Martin Margiela and Y-3 among others.Thecorner.com: Yoox’s full price item venture exists under the domain name thecorner.com. Launched in 2008 as a menswear retail store, the website soon expanded to include womenswear as well. The website stocks a selection of clothes and accessories from established designer brands and smaller, more niche labels.Shoescribe.com: In 2013, the company launched a dedicated shoe store. The site offers a shoe subscription service which includes free shipping, free repairs and a 50 percent discount on the buyer’s birthday.IPOThe company began as a privately held business funded by a series of venture capital firms such as Capital Kiwi of Italy, 360 Capital Partner (Net Partners, Italy) and Balderton Capital. In 2009, the company went public and listed on the Milan Stock Exchange, generating 104.5 million Euros as a result.PRODUCTSYoox.com primarily sells overstocked or unsold items from major brands at discounted prices. The company takes what it sells very seriously and does not just sell whatever is available. A team of buyers is sent to catalogue availa ble items that the brand itself or its authorized manufacturers and retailers are offering. The carefully curated items, which include predominantly European designers or unusual pieces from other leading labels are then sold in the online store. The site offers the option of looking for an outfit for a particular event by recommending appropriate items from its available stock.BUSINESS MODEL KEY COMPONENTSRevenue ModelYoox is a turnkey solution for its partner brands and handles all merchandising, digital production, packaging and delivery. The company earns close to 72 percent of its revenue from three of its websites. This revenue totaled $605 million in 2013. All three Yoox businesses (Yoox.com, shoescribe.com and thecorner.com) make money. According to Marchetti, “Business is meant to be profitable.”The Yoox USPThe biggest advantage Yoox has over its competitors is its early start in a market that was wary of taking the online plunge. The company partnered with the right p eople at the right time and continued to justify their trust by preserving their brand image. The key to success for Yoox remains a mix of precise customer targeting, strong direct relationships with the designers and labels, control over brand images and exceptional operational efficiency.LEARNING FROM YOOX’S SUCCESSFocusing on the Right IdeaYoox founder Marchetti is one of the most important people in fashion. But it did not start out this way. Unlike most other people that matter in the fashion world, he was not among the buyers, editors, celebrities, socialites or designers. Rather his beginning was among the back-office operations and the jumble of overstock. This has not stopped him from establishing himself right at the center of power and control. Online shopping has created a landmark disruption in the luxury fashion world and Marchetti is at the forefront of this revolution. Yoox remains one of the largest and most successful online fashion sites in the world, selling bo th discount items as well as full price ones. The company is also in demand by major labels to power their own online versions.Clear StrategySince the beginning, the Yoox founder had a clear vision of where he wanted to take his venture. His aim was to become a trusted partner for high fashion brands and labels. He set out to take this brands to the internet in a beautiful way and not lessen the impact and equity of the brand itself.Convincing Skeptical PartnersTraditionally, the people behind luxury brands and labels remained vary of the online phenomenon. These brands were about exclusivity while the internet was the opposite, a tool for the mass audience. The Yoox founder managed to convince these people that online retail spaces would complement their business, enhance their sales, and be essential for the future growth and success of the business. He ensured that the online space would not be for the causal bargain hunter but aimed at the fashion conscious buyer who would want to be adventurous in their clothing choices. He assured them that the products would be displayed through elegant and responsive websites. His success in convincing these people led to partnerships with dozens of brands for both the overstock sales as well as new season items.Efficient OperationsRather than focus on marketing or search engine optimization, the company focuses on the operational side of the business. This includes vital processes such as understanding and following the customs requirements of over a 100 countries, translating product information into several different languages and converting sizes to make them relevant worldwide. Much like Amazon, Yoox has managed to master the logistics aspects of its business. This includes the complete management of the online store, product shipping and handling, digital production, reliability in payments and excellent customer service and care. These are aspects of the business of selling luxury goods online that are not part of the usual fashion narrative. But it is these same aspects that remain crucial to how a brand is perceived and how it maintains its image.Reliable LogisticsIn 2011, the company managed to ensure 99 percent on time delivery of products. In 2013, the company delivered 2.8 million orders. These are tough milestones to achieve given the spread of the Yoox customer base worldwide. Orders are received every 11 seconds on average. The order reaches the warehouse in Italy. The company also has a few local hubs in New Jersey, Tokyo, Honk Kong and Shanghai. The basic model is of centralized inventory, so most of the products are shipped from the central warehouse. Some items may be stocked in the hubs to be closer to target audiences.In 2010, the company moved from the traditional use of barcodes and manual picking to RIFD tagging and robotic cranes. This allowed full control over inventory levels, with exact locations of items known at any point in the supply chain. This allows any of the 5 million items in inventory to be instantly located and matched to customer orders. Orders may be either for the local hubs or directly for the customer. The process is automated till packaging which significantly improves productivity.Website DesignThe Yoox website is not editorial in its design. Instead, it assumes that the shopper is a little familiar with fashion and allows a knowledgeable consumer to browse easily. Yoox pays special attention to the product photography. When new stock arrives at the warehouse, one item is taken from each type and this is used for website design. All relevant product data needed before the item is put online is collected and added to the item including product descriptions, photos, post-production and quality control. The warehouses use dozens on photographers in several studios for the mono brand stores while there is a system of automated photography for Yoox.com that allows nearly 15,000 items to be photographed on a daily basis.Embrace New TechnologyAs a pioneer in its business, Yoox continues to keep an eye on emerging trends and deliver on these with commitment and in a timely fashion. Research was conducted on mobile sales as early as 2006 and an iPhone application was released in 2009. This was one of the first shopping applications for a smart phone. The company continued along this path and released an app for the iPad the day it was launched in the United States. This timely action was rewarded and mobile based channels now make up as much as 40 percent of the total traffic to the website. This has been especially successful in China where ecommerce is very popular and ecommerce spending is expected to reach 540 billion Pounds in 2015.[slideshare id=27360148doc=yooxoverview2013-131019093447-phpapp02]Fredrico Marchetti’s Ideas for Successful Entrepreneurial VenturesMarchetti has been extensively interviewed about his business ventures and his early foray into the world of luxury brand ecommerce outlets. He hig hlights some important points repeatedly, that have contributed to his success over the years. These points are:Speed â€" This is a key element for an entrepreneur. Being the first to innovate is vital. This means analyzing trends and rightly predicting what actions need to be taken to stay relevant in the long run.Timing â€" Along with speed, there needs to be an eye on the timing. Some actions cannot be taken too early and definitely not too late. An idea can be kept on the horizon until the time is right to take actions based on it.Embrace Mistakes â€" being innovative and a pioneer cannot be without a few mistakes. The important thing is to highlight these, learn from them and ensure that they are not repeated.Understand the Customer â€" Marchetti emphasizes the importance of becoming a mirror for the customer. Yoox employs 60 percent women in their 30s which also reflects their customer base. The customers make quick choices and want quick results. And the company provides this through very reliable deliveries.Courage â€" Marchetti emphasizes that he started out with no money and even some debt. It is a combination of courage and luck that leads an entrepreneur from that place of uncertainty to one of success, and not just success but long term success.Keys for a Successful Online StoreAccording to Marchetti, a successful online fashion store should have the following:Innovation â€" An good selection of unique items.Service â€" Excellent customer service that makes the user experience both entertaining and satisfactory. Important aspects here are reliable shipping, free returns, refunds and customer care.Privacy â€" The ability to try on clothes in the privacy on a customer’s own home and see how the clothes fit in with the rest of the wardrobe is an important aspect that draws people to shop online.  Image credit: Yoox.

The Distribution Of Rite Aid Essay - 1914 Words

According to Rite-Aid history, the federal legislation in 1962 had a fixed minimum retail pricing on products in the retail industry. In 1962, Alex Grass, Rite-Aid’s founder and CEO, has opened the first discount drugstore in Scranton, PA under the name Thrif D Discount Center. By 1965, their company has expanded quickly by opening five new locations in the Northeast. Around 1968, Rite-Aid corporation became official with the company’s first public offering the American Stock Exchange, then by the 70’s they had moved to the New York Stock Exchange. With multiple acquisitions with smaller regional chains in the Northeast, Rite-Aid grew to over 267 stores in ten states within a decade. Even the middle east oil embargo and slow economic growth the persistent recession of the mid 70’s had slowed the company’s momentum. By 1981, the company became the third largest retail pharmacy in the nation. They surpassed the $1 billion sales mark. Rite-Aid’s growth continued through the 80’s and 90’s which culminating in 1995 with acquisition of 224 Perry Drug Stores, bringing its total number of stores over 3,000. With a strong market presence, the company decided to expanded their services in the west through acquisition of Thrifty Payless Holdings, Inc. within 1996. With a 1,000 store acquisition and the acquisition of two large firms on the Golf Coast which provided the company with a strong market. As of March, Rite-Aid has been operating 3,623 retail drugstores. Rite-Aid hadShow MoreRelatedDistribution Of Rite Aid Pharmacy1620 Words   |  7 PagesRite Aid Pharmacy is aiming to make itself as a cost leadership company in the national drug retailer industry. The cost leadership strategy focuses on focuses on lower cost and differentiation than their competitors (Barney Hesterly, 2012). Businesses using the cost leadership strategy focuses on making lower prices and can still make a satisfactory profit. 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In terms of the Gas station, our competition is against local gas stations with lower prices, and Sunoco. To start listing our competitors in the convenience e store competition, 7-Eleven has 58, 300 stores in 17 countries. They are also known for famous for their famous 32, 44, and 64 oz Big Gulp cups. In some locations they evenRead MoreThe Marketing Of Cvs Health Operates1422 Words   |  6 Pagesconsolidated, multibillion dollar corporations that manage the distribution and payment of prescriptions. Consumers can now be diagnosed by a care giver, shop, and get a prescription filled all in one store (2). CVS Health faces two main competitors in the retail drugstore industry: Walgreens, and Rite Aid. According to the National Retail Federation, CVS Health is second only to Walgreens in overall retail sales in 2014 (See Figure 1). 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The customer is able to purchase their hoisery using Hanes.com or by looking up aRead MoreWalgreens Company Analysis and Integration Strategy Essay10861 Words   |  44 Pagesand Drug Stores† industry. â€Å"The US drugstore industry includes about 42,000 establishments with combined revenue of about $220 billion† (Walgreens Co.). The top three companies within this industry are CVS Caremark Corporation, Walgreen Co., and Rite Aid Corporation. As shown in the table below, Walgreen Co. currently fills the second spot within the â€Å"Pharmacies and Drug Stores† industry. (Walgreen Co., 2011) While CVS Caremark Corporation produces more sales, their sales are inflated by about

Confucianism And Taoism A Common Thread That Is Observed...

A common thread that is observed within East Asian religions is that there is an ideal or higher path that one can follow to attain their spiritual goals within their lifetime. The three popular religions in China, which are Buddhism, Confucianism and Taoism greatly emphasized these ideal paths since direct effect of following these paths would bring harmony and structure to the society. Confucianism, a highly philosophical notion centered around the harmony in the society through the utilization of morals and knowledge, introduced the Gentleman. The anti-Confucian reaction known as Taoism, which places an strong emphasizes understanding the Elemental nature of the way through passive nature and mystical communism with the dao introduced the Sage. The third religion, Buddhism, particularly, the Mahayana sect introduced the Bodhivisattia pathway, which highlights the importance of generosity and merit. Since these Taoism was built up the reaction of the Confucian religion and Buddhism in reaction to both Confucianism and Taoism, there are many differences in terms of prioritization either socially or spiritually, acquisition in the type and amount of knowledge and the proper training ground in achieving the final, ideal state. However, these three religions share a common ideology which is to bring out the good within society and within the individual. The ideology of the Confucian man can be perceived as â€Å" The Master said, A gentleman in his dealing with the world hasShow MoreRelatedThe Jade Pendant5982 Words   |  24 PagesSingapore Short story written in English after which it examines the development of the genre through its first decade dating from 1978 and subsequently, the next ten years to the present. The Short Story in Singapore Singapore is a cosmopolitan Asian city, unique in that there are four major language groups promoted by the government. From the very beginning, English was chosen as the language of government, law and social discourse. Being the native language of none of the ethnic groups, its choiceRead MoreComparative Study of Pakistan Chinese Cultures13385 Words   |  54 Pagescivilizations. The ideology, ethics and living styles are compared with some examples and details. The architecture, food, arts and crafts, religion, education and festivals are elaborated in write detail to get the list of both cultures and to figure out the difference between two friendly boarder countries. It has been found that both courtiers have different religion ideologies and living styles but both share the same shades of love, harmony and respect for the elders. School of Management Northwestern

Jane Eyre A Fight For Women s Equality - 1749 Words

Jane Eyre: A Fight for Women’s Equality Feminism: the doctrine advocating social, political, and all other rights of women equal to those of men (dictionary.com). Throughout history, women have fought for and struggled with gaining full and absolute equality in society--which has proven to be difficult in the long-cultivated patriarchal society that we still live in today. In modern times, women continue to be paid less than men, are vastly underrepresented, and face many forms of violence around the world, to name just a few issues. The fight for equality has been ongoing, and this fight is even identifiable in the spirits of the women of the Victorian era-- such as Jane Eyre. In Charlotte Brontà « s timeless and classic novel Jane Eyre, Brontà « advocates for equality in many aspects of life: social, economic, and moral, through the depiction and attitudes of the characters in the novel. In the novel Jane Eyre, Brontà « addresses social injustice in the Victorian society, and utilizes the character of Jane to express her dissatisfaction. Jane, especially during her childhood years, displays an attitude of nonconformity and rebellion. She advocates for uprising against injustice, for â€Å"If people were always kind and obedient to those who are cruel and unjust, the wicked people would have it all their own way: they would never feel afraid, and so they would never alter, but would grow worse and worse. When we are struck at without a reason, we should strike back again veryShow MoreRelatedJane Eyre, The Bluest Eye, And Feminism1422 Words   |  6 PagesPeriod 5 15 May 2015 Jane Eyre, The Bluest Eye, and Feminism Feminism. It’s a big concept in society today, but has it always been that way? Jane Eyre by Charlotte Bronte is a famous work on the basis of her own experiences. In this novel, the author shapes a tough and independent woman who pursues true love and equality. In the Victorian period, the image of Jane Eyre cast a sharp contrast to the man-dominated society. She stands for a new lady who has the courage to fight for her own rightsRead MoreEquality Within Charlotte Bronte s Jane Eyre1673 Words   |  7 PagesEquality is a given. The oldest and most relevant discussion on equality lies with the difference of sex; man versus woman. In the eighteenth century, society very much male dominated. Women were expected to obey a man s commands and were treated inferior to their male superior. This novel embodies the ideology of equality between men and women in society. Charlotte Bronte s novel Jane Eyre embraces many views in opposition to the Victorian gender limitations. Ultimate ly, the reader can see theRead MoreSummary Of Charlotte Bronte s Jane Eyre1607 Words   |  7 PagesMs. Petrosinelli English 12 27, January 2016 Title Equality is a given. The oldest and most relevant discussion on equality lies with the difference of sex; man versus woman. 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Jane wanted to find a family so desperately and she wanted to belong to people. More than this though, Jane wanted to be treated equally. She was denied equality because of her social status, her income,her lack of â€Å"beauty† and most of all because of her gender. The book Jane Eyre shows the struggle that women face while attempting toRead MoreI Am Malala, By Jane Eyre1323 Words   |  6 PagesWebster’s Dictionary, confidence is stated as being â€Å"a feeling or consciousness of one s powers or reliance on one s circumstances.† Both Jane in Jane Eyre and Malala Yousafzai in I Am Malala faced significant obstacles in their lives and were constantly confronted by their fears. Theodo re Roosevelt stated that â€Å"Each time we face our fear, we gain strength, courage, and confidence in the doing† Malala and Jane eventually overcame these fears with the help of pivotal role models which aided them in

C ; P Essay Example For Students

C ; P Essay Crime and Punishment By: Anonymous Dostoevskys Crime and Punishment is the story of a poor man in czarist Russia who can only purge himself of his guilt through suffering. It deals with the mental and physical tribulation brought upon him by his crime. His troubles are compounded by the conflicting personalities which he possesses. The reader is inclined to characterize him by his cold, intellectual side. Yet, without the contrasting humane side of his nature, Raskolnikov never realizes the errors in his theory and actions. Raskolnikov is defined by the duplistic nature of his personality, with each facet being just as vital as the other. Raskolnikovs cold side leads him to develop his theory, and thus to commit murder. This side of him bases all decisions on reason and rationalization (although it is sometimes incorrect), rather than on feeling. It is purely stoical, without emotion. The other side of his character is kind and compassionate. Without this side being presented the reader views him as an evil murderer, and not a mislead victim, as Dostoevsky intends. In the novel Raskolnikov engages in sporadic acts of kindness. He gives money to the Marmeladov family, he attempts to aid Marmeladov when he dies, and he tries to get a drunken girl home and away from her pursuer. All of these deeds were done without premeditation. He simply feels that at the time it is the right thing to do. After a short period of time his outlook dramatically reverses. He starts to rationally analyze what he has done, and then feels that his actions were stupid. This transition marks the return of his cold side, and it occurs after every kind thing that Raskolnikov does. These shifts between two distinct personalities give Raskolnikov two separate points of view. The novel is founded on the distinctions between the two points of view, and the reader gets both angles. Both Raskolnikovs generous, and evil actions are essential to his character because they allow the reader to identify with these two points of view and the two facets of his personality.

The Rise and Fall of Grunge Music Essay Example For Students

The Rise and Fall of Grunge Music Essay Grunge is a subgenre of Alternative Rock that born on the streets of Seattle, Washington that quickly gained its popularity in the early 1990’s after bands like Pearl Jam, Soundgarden and Nirvana emerged from the streets of downtown Seattle in the early 1990’s. After Nirvana’s â€Å"Nevermind† album was released, its popularity expanded beyond the limits of Seattle and the northwest region, with acts popping up all over the world and the grunge take-over was well on its way to the top. Ironically enough, the phenomenon that was the hottest sound in the world began to fall following the tragic suicide of Nirvana’s front man, Kurt Cobain in 1994 We will write a custom essay on The Rise and Fall of Grunge Music specifically for you for only $16.38 $13.9/page Order now In the mid-late 1980’s, a new form alternative rock was born and many local bands such as Nirvana, Pearl Jam and Soundgarden were first introduced to the media in the northwest region of the U. S. particularly in Seattle, Washington and the surrounding lower class suburbs. Prior to the grunge movement, mainstream rock bands usually wouldn’t include the Seattle in there tour do to its geographic isolation, skipping over the city completely. By the early 1990’s, the scene had caught the media’s eyes and ears with their long hair and sloppy attire. The term Grunge is not only used to describe specific movement but used to describe the fashion that went along side it. Wearing button-down flannel shirts, over-sized jeans with a chain wallet and black Doc Martin shit-kickers. There sound of distorted guitars playing loud and hard with â€Å"growling† vocals and apathetic or angst-filled lyrics fusing the heavy metal sound of the 1970’s with the on-stage chaos of punk rock of the 80’s which would soon become the most popular form of hard rock of the 90’s and is often referred to as the Seattle Sound In 1991 the Seattle Sound quickly gained its popularity following the release of Nirvana’s major label debut album, Nevermind† in September. Their first single â€Å"Smells like Teen Spirit† which turned out to be Nirvana’s claim to fame, climbing to the number one spot that year, passing Michel Jackson’s pop hit â€Å"Black or White†! Still to this day the single remains one of their most popular songs and has been labeled as the â€Å"first anthem of 1990’s Rock†! (Hilburn, 1998) This once isolated scene, began to grow vigorously far beyond the walls of Seattle and continued to spread throughout the nation like the plague! By 1992 Pearl Jam’s debut album Ten, Alice in Chains’-Dirt and Soundgarden’s all helped spark the grunge revolution and the scene spread like the plague making it was far as the United Kingdom where it inspired the genre Britpop during the climax of this revolution in the mid-90s this phenomenon was short lived following the tragic suicide of Nirvana’s front man Kurt Cobain in 1994. Saddened by this tragedy, Nirvana broke up and that same year Pearl Jam cancelled its summer tour in protest of what it regarded as ticket vendor Ticketmaster’s unfair business practices. , Kurt Cobain has been referred to as the â€Å"John Lennon

Understanding and Using the Simple Present Tense

Understanding and Using the Simple Present Tense The present simple tense is typically one of the first verb tenses that new English students learn. It is used to describe action that takes place on a regular basis. The present simple also can be used to express feelings, facts, opinion, and time-based events. Dont confuse the present simple tense with the present continuous tense, which is used to describe something that is currently taking place. For example: Present simple tense: I catch the bus at 8:50 a.m. to go to work. Present continuous tense: I am riding the bus to work. Want to know more about verb tenses? Check out this illustrated verb  timeline, then use these learning strategies to improve your English skills. Practicing the Present Simple Tense One good way to improve your English speaking skills is to use role-playing exercises. With a classmate or a friend, try using the following dialogue to practice the present simple tense. Mark: Hello, Can I ask you some questions for an interview? Jennifer: Yes, I can answer some questions. Mark: Thank you for taking the time. Now, first question: What do you do? Jennifer: I work in a library. Im a librarian. Mark: Are you married? Jennifer: Yes, I am. Mark: What does your husband do? Jennifer: He works as a policeman. Mark: Do you usually have dinner together? Jennifer: Yes, we do. Mark: How often does your husband exercise? Jennifer: He sometimes exercises four times a week. But, he usually exercises only twice a week. Mark: Where do you like to go on holiday? Jennifer: We rarely go on holiday. However, we like to go to the mountains if we can. Mark: What type of books do you read? Jennifer: I often read horror stories. Mark: Thank you very much for answering my questions. Jennifer: Youre welcome! When To Use Notice from the above dialogue and following chart that the present simple is often used to describe what we do every day. We use verbs of frequency (always, sometimes, usually, etc.) which indicate a habit. Other instances that call for the present simple tense include: Permanent or long-lasting situations Where do you work? The store opens at 9 a.m. She lives in New York. Regular habits and daily routines I usually get up at 7 a.m. She doesnt often go to the cinema. When do they usually have lunch? Facts The earth revolves around the sun. What does strange mean? Water doesnt boil at 20 degrees. Feelings I love walking around late at night during the summer. She hates flying! I dont want to live in Texas. Opinions and states of mind He doesnt agree with you. I think he is a wonderful student. What do you consider your best accomplishment? Timetables and schedules The plane leaves at 4 p.m. When do courses begin this semester? The train doesnt arrive until 10.35 a.m. Verb Conjugation The present simple tense can be expressed in three ways: positive, negative, or as a question. Conjugating the positive form is easy for the first- and second-person references such as I or you. Just use the root form of the verb. For third-person references, add an s to the verb. For example: I eat lunch at noon. You play tennis at noon. He walks to school every day. She watches TV in the evening. It sleeps under the couch. We study English at school They eat lunch at noon. The negative form uses the  helping verb  do for first- and second-person references and does for the third-person. You can also express the negative form as a contraction. For example: I do not leave work early on Mondays. You don’t like to watch TV. He does not understand the question. She doesn’t ride a bike. We do not have any money. They dont leave at noon. If the present simple tense is expressed in the form of a question, use do or does, followed by the subject, and the  verb in questions. For example: Do I work in this company? Do you get up early? Do we often drive to work? Do they understand French? Does he like to watch TV? Does she believe in ghosts? Does it leave at noon?

Case study Example | Topics and Well Written Essays - 500 words - 48

Case Study Example There are similarities between the two leaders. They both support communication that is critical to any organizations success. Problems can be detected fast and allow decision makers to execute as illustrated in the ship sending a message informing the other party. In Semco giving opinions on opportunities and advancements gave room for participation and involvement to workers. Creativity and innovation was also a great mover of the two. Giving opportunities to both teams gave them a chance to exploit new ways of carrying out their respective duties. In Michael’s ship idea, the young were well trained but they did not have a room for improvement. However, practicing discipline without formalism made them generate new ideas. It was amazing to see what it brought to the firm through removing bureaucratic system and empowering the workers. Flexibility, respect, dignity and maintaining quality of life drove the firms to success. In Semco, they could choose the times for their respective duties, how to dress that motivated them. Offering responsibility and not orders, devotion changed the ship operations However, the two differ in relation to their organizational philosophy where in the beginning Semler viewed an autocratic leadership style but later came to adapt a democratic style. Michael was involved knowing every crewmember of the ship and better understood their problems and see how he could improve their lives. On the other hand, Semler’s leadership was mainly concentrated on performance and strategies. He, however, was forced by circumstances in the end to listen to workers since they were the pillar to the firm. Change was essential; Michael’s ship was mainly changed through direct involvement of the young crewmembers bringing their ideas on board while Semco change came because of economic cycles and the firm had to do something to save its

Find a classroom accommodation for students who are at risk, another Research Paper

Find a classroom accommodation for students who are at risk, another for those with ADHD and 1 more for individuals who are Gifted and Talented - Research Paper Example They can keep track of their students’ learning with this attempt. An example of a classroom accommodation for an ADHD student is seating them close to the teacher and away from windows and doors. This is a valid accommodation because such students need their assistance and exceptional care of their teachers at all times, and; therefore, their educators should be there (Friend & Bursuck, 2006). An improvement that could be made is for instance letting the ADHD the student run an occasional errand for his/her educator. This can assist the hyperactive child burn off the unwanted energy. Finally, a common classroom accommodation for gifted or talented students is through grouping them together or with higher-level learners (Friend & Bursuck, 2006). However, I think that teachers should never group gifted learners with lower-level learners for remediation because, if so, then the student might start questioning his gift or talent. This classroom accommodation can be improved throu gh encouraging learners thoroughly to study concepts and support independent investigations or studies (Friend & Bursuck, 2006). From this research, I learned that many students have unique needs, and it is the work of the educator to travel around these needs and learn how the educationally deal with such

Semantic Change Of The Word Gay

Semantic Change Of The Word Gay Language investigation into the ongoing semantic change of the word gay Introduction The meaning of the word â€Å"gay† has changed over time with its current; most commonly accepted use being to describe someone’s sexual orientation. This wasn’t always the case and at the moment is already changing to define something as being â€Å"rubbish or â€Å"unimpressive†. Such a big change as of this has led to me being interested into investigating the word and how over time specifically it has changed. The word gay also interests me language wise because of its importance in referring to someone’s sexuality, it provides a personal connection to some people’s lives as it describes them and who they are, so however the definition changes so will the effect to anyone who is gay. To investigate the semantic change I wanted to get the widest range of results for my investigation on the word gay. I went about choosing a wide range of people to give me the greatest range of views and opinions on the word and its definitions. To get this I asked elderly people who come from a generation where the word was completely different. I also asked people such as my parents who have come from another different generation and then finally today’s generation. I would aim to find a large difference between definitions between the elderly who would have grown up around the 1960s and any teenager I ask today who is currently in a completely different generation. Methodology Data collection: Going about my Investigation I decided the best way to get the most and best results was to produce a number of definitions and let the people who fill out the questionnaire pick one or two. I then would produce some follow up questions around the word ‘gay’ in a questionnaire style layout. I decided that a questionnaire style layout would best suit this investigation because it would be familiar with all the ages I am planning to ask to fill. Anything to complicated could potentially confuse an older person so the results wouldn’t be as reliable. For the first most important question I decided on using the four definitions used by the British Oxford Dictionary and found that gay has four meanings: (A) ‘light-hearted and carefree’ (B) ‘brightly coloured, showy’ (C) ‘homosexual, especially a man’ (D) ‘foolish, stupid or unimpressive’ Giving each of these definitions a letter I would ask the people I was giving my questionnaire to, to choose the letter they thought gay meant. I’d do this in the aim of testing one of the hypothesis that only older people will use gay with the first and second meanings, and only younger people will use gay with the fourth and fifth, most recent meanings. The earliest meaning is letter (B). Dictionaries usually give letter (D) as the most recent meaning. Analysis First Analysis As I expected the results from my questionnaires matched my hypothesis, that the older generation would answer giving the definition of the word gay as light-hearted or colourful where as the generation of today (15-21) defining it as something being rubbish or a homosexual man. Even with this result that the homosexual man definition is still in common use, more 15-21 year olds answered that it meant something being rubbish rather than a homosexual man. The new definition is starting to over shadow the older one. Surprisingly in my results some even went to say they used the word gay not even thinking about the older definition of a homosexual man. Therefore showing the semantic change of the word has changed so greatly that it’s other definitions are starting to be forgotten about and people are using the new definition almost unconsciously as this new definition becomes more common. Though my hypothesis was correct there were some abnormalities with two elderly people who f illed in my questionnaire saying they had picked up on the change of the word gay through their grandchildren and had stopped using it because of the possibilities that the word could offend someone. I also found that the elderly people who were grandparents that had completed my questionnaire talked about experiences where they had use the word to describe something and had been laughed at because of the different meanings that the Grandparents and Grandkids shared. When being asked if they commonly used the word gay, the younger generation used it extremely more with it almost being a day to day phase. The older generation were not the same with all but one of the people I asked not using it at all. Semantic Change Through back up questions I learnt that such semantic change was becoming more popular through the school; people see that if homosexuality has become more accepted into today’s society they have no need to put a label on homosexuality. Therefore the word gay is losing its original meaning and connection to the word homosexuality. School also plays another part in this because it is teenagers (school pupils) who have changed the meaning of the word gay, it was first seen as an insult. But the word has been so overused that it has lost its original meaning. In the majority of schools where pupils aged 15-18 and possibly even younger call each other gay it was here that the word gay was popularised with students first using it as an insult. Being gay was seen as being bad, so it picked up this derogative term but as time processed and the semantic change also, it transformed into having an overall meaning that something is stupid. An example of this would be that in my questionn aire I was given â€Å"school† as something which is gay. If we used the definition of a homosexual man this would make no sense but because of the semantic change this definition has completely changed meaning anything this person didn’t like could be gay. It is not just in school that the word gay had been used. Radio and television shows although rarely are using the word gay to define something which is lame or rubbish. One example is Chris Moyles, a former DJ on BBC Radio 1, he received complaints from listeners after he used the word gay to describe a ringtone that he didn‘t like. The BBC released a statement after the incident saying that the word gay may now mean rubbish.à ¢Ã¢â€š ¬- The BBC said that the DJ was just keeping up with developments in English usage. Chris Moyles show was one the most popular at the time, his and the BBC statement about the incident would have given many people a new way to define the word gay and the fact a DJ such as Chris Moyles could use it in this way would have led to many people using it also While finding out that gay meant something as being stupid through the eyes of 15-18 year olds, I asked these people whether or not they saw gay meaning this because of the fact that being gay has been seen as a bad thing for many years and is only now being understood and more regularly accepted. I wanted to see if at the beginning of ‘gay’ starting to change semantically, it took on a negative connotation since many opposed homosexuality especially in schools and whether or not this had an effect on the semantic change, almost trying to understand that if being gay was never seen as being bad would the word gay had even changed semantically at all? In conclusion into this secondary research I found that many people in the 15-18 year old category were honest and admitted that at the start the semantic change could have been put down to the fact it carried a derogatory meaning. But now is seen more as ‘play ground speak’ and the increase with this new meanin g is led by the youth culture with many 15-18 year olds using the word because others do and may not even have a bad view on gay people. This semantic change In which I questioned was also being devolved through media and social networking sites like Twitter or Facebook where some of the 15-18 year olds would commonly use the word gay to describe something being stupid, as with schools people copy what everyone else does and this is maximised with the huge number of young people who have social networking sites. Along with this my research found that films such as ‘The Hangover’ where the term gay is used as a joke by an actor. In this film it is used as an insult, this could promote the semantic change. As that film was hugely popular a lot of people saw the scene and saw the new definition in which this word was used. The scene and the words the actor used in this joke have been copied many times and just show how films have an effect on semantic change because of the huge influential value on society. Patterns in the Language The word gay like all words are not set elements of language and are changing all the time. The word gay has been put as starting from the 14th century, when the definition was â€Å"stately and beautiful splendid and showily dressed. Through the late 14thcentury, it changed to define â€Å"full of joy, merry, light-hearted, carefree† this meaning was one of the definitions I gave in my questionnaire and the one I found was mostly used by the older people who answered my questionnaire. During the 19th century the word gay came to describe a woman who was a prostitute or a man who slept with prostitutes. This definition is obviously not used at all today and shows how one word can change so much based whether or not people use it. In the 1920’s the first use of it for referring to a man who slept with another man came about and this use has stuck till today. Although the definition started then, it was not used commonly until the 1980’s when this definition over shadowed all others. Until 2006, the word gay was still defined as a homosexual male until the definition changed meaning something is stupid. As with my research, the new definition describes having nothing to do with the previous definition and perhaps no offence is intended when using it to describe something as rubbish. This trait in changing words is also seen in the word â€Å"sick† which is changing from defining as being ill to something being cool. These words that are changing are most commonly used by the youth culture, this shows the great power that the younger generations have over the English language and what a word means. It seems to be very rare that an older generation define what a word is defined as. Alongside my research I read into Emily Jelsomeno’s â€Å"Bitch,Nigger and Gay: Exclusive Language? The semantic shift of Pejorative Words and Reclamation† and this gave me the view that the pattern in which the word ‘gay’ changes grammatical category and is used seems to go from â€Å"positive to negative† and is now currently negative. With its newest meaning, something being stupid, it gives me the idea that this is a negative. With being able to see this shift, it enables me to make the assumption that there are at least three kinds of semantic change ‘gay’ has gone through. These being degeneration, elevation and taboo. With the degeneration I refer to gay becoming a word to describe something as being stupid, the most recent definition. It means gay is known as being negative. With elevation I refer to the improvement of the meaning. This improvement came from it meaning ‘men who had sex with other men’ to ‘homos exual males’. The second meaning is more favourable because it removes the element of sex from the definition. Sex between two males for some people is wrong and looked down upon strongly, whether it is for religious reasons or personal views. Removing the sex from the definition evaluates the word gay because it makes it more acceptable in some people’s eyes. It makes being homosexual not necessarily about having sex with someone of the same gender, but someone who is different from the norms of what being a male is. Lastly with the word gay I’d refer it to being a taboo for the term ‘homosexual male’ as the word ‘homosexual’ can still be considered a offensive term when referring to a gay man. Changes in Grammatical category Using my research and some background reading, I can come to the conclusion that gay has changed in grammatical categories. The first definition of the word â€Å"stately and beautiful splendid and showily dressed† would define gay as an adjective. During the 19th century, it shifted categories and became a noun; â€Å"a women who was a prostitute† and then acted at the same time as a verb. The phrase gay meant â€Å"to have sex†. Up to the 21st century gay was both an adjective (e.g. gay marriage) and a noun (i.e. gay being connected to being a homosexual). The most recent and latest category change makes gay an adjective once again by using it to insult something or someone, an example of this most recent category change from my investigation would be someone saying â€Å"you’re gay†. Conclusion Finishing up my investigation and concluding it I can see a quite clear semantic change of the word gay which answers my initial investigation question. Though I set out almost knowing what the answer was going to be, I was still surprised along the way with some of the information I gained from my investigation. I was not expecting the amount to which people use the word gay daily and how common it now is. Through my investigation I was pleasantly surprised how most (if not all the people I asked) actually used the word gay unconsciously with no thought in mind of offending anyone who is actually homosexual. With my evidence from the investigation I can make the conclusion that the amount that the word ‘gay’ is actually used has helped steer it away from being used to cause offence and this is obviously a positive sign. The only thing I would change about my investigation is that I would have given more open questions. This would mean the questionnaire would get into mo re depth about the people who were filling it in opinions, giving me more detailed results. Apart from that I feel my investigation was a success.  Ã‚   By taking part in this questionnaire you agree to this information being used for research purposes (Please tick if you agree) Please fill in this questionnaire: How old are you? 15-24 24-34 34-4444-54 54+ What does the word Gay mean to you? (A) ‘light-hearted and carefree’ (B) ‘brightly coloured, showy’ (C) ‘homosexual, especially a man’ (D) ‘foolish, stupid or unimpressive How would use ‘Gay’ in a sentence? Any other comments? Thank you for taking part Thank you for taking part Bibliography http://www.mirror.co.uk/news/uk-news/words-literally-changed-meaning-through-2173079 17/04/2014 http://blogs.telegraph.co.uk/news/brendanoneill2/100246515/gay-now-means-rubbish-get-over-it/ 17/04/2014 http://www.todayifoundout.com/index.php/2010/02/how-gay-came-to-mean-homosexual/ 20/01/2014 Bitch, Nigger and Gay: Exclusive language? The semantic shift of pejorative words and reclamation -20/01/2014 http://news.bbc.co.uk/1/hi/7289390.stm -21/01/2014

The Deadly Influence of National Socialism Essay -- National Socialism

The Deadly Influence of National Socialism National Socialism was a political movement that emerged in Germany after its defeat in World War I. This movement is more commonly known as Nazism. The National Socialist Party or Nazi Party was formed in Munich is 1919. Adolph Hitler was given all dictatorial powers as the result of the Enabling Act. By 1933 the party had gained control over the entire German state and the ideas, propaganda, and doctrines of National Socialism were written in Hitler's Mein Kampf (My Struggle) . Hitler believed that, "The Nordic master race was created to rule over inferior races, especially the Jews" (McManus 5). This was just the beginning of Nazi thought that swept throughout Germany until the end of World War II. Party membership was "voluntary" and millions joined, some willingly and others against their will. National Socialism transformed Germany from a weak republic to a powerful state. This change was brought about by one individual, Adolph Hitler. Hitler had tremendous influence o ver millions in the German community. National Socialism greatly influenced the church and education in the Third Reich. Today the Nazi influence is seen in white nationalist groups all over the world. It was essential for churches in the Third Reich to understand what was happening politically in Germany. Hitler subordinated church policy to his political policies. Tensions were high in the German Bishops' Conference between the president Archbishop Bertram and Bishop Preysing. Preysing saw that the Third Reich was corrupt as early as 1933. The Vatican and most of the German Bishops agreed with the ideas of National Socialism. Bertram defended the government until his death in 1945. Preysing... ...race is superior to all others. Hitler impacted both the church and education in Germany. The effects of the Nazi party are still felt today. The power of an individual should never be underestimated. In Hitler's case, it is apparent that one individual can influence millions lives and completely change the course of history. Works Cited - Blackburn, Gilmer. Education in the Third Reich. Albany: New York Press, 1985. - Constable, George. The Twisted Dream. Virginia: TIME-LIFE, 1990. - Gay, Kathlyn. Neo-Nazis: A Growing Threat. New Jersey: Enslow, 1997 - Hockenas, Paul. Free to Hate. London: Routledge, 1993. - McManus, Jason. The New Order. Virginia: TIME-LIFE, 1989. - Scholder, Klaus. A Requiem for Hitler. Philadelphia: Trinity, 1989. - Speer, Albert. Inside the Third Reich. New York: Macmillan, 1969.

Thtr 100

1. __________ argued for light as the guiding principle of all design and defined the role of the modern lighting designer. Adolphe Appia 2. A member of the audience may see a play from five different critical and dramaturgical perspectives. What are five perspectives? social, personal, artistic, theatrical, and entertainment value 3. All plays and play productions can be usefully analyzed and evaluated on the way they use the theatrical format to the best advantage and make us rethink the nature of theatrical production. true 4. Avant-garde means, literally, â€Å"the major assault† or â€Å"shock troops. † true 5. Dramatic criticism usually appears in all the following forms EXCEPT annotated versions of a playscript used in production. 6. Dramaturgy is essentially a subset of directorial responsibilities false 7. Eschewing realism, romanticism, and rationality to create relentlessly unenlightening plays, which playwright said, â€Å"Art has nothing to do with clarity, does not dabble in the clear, and does not make clear? Samuel Beckett 8. Flashbacks that are not clearly framed as such, shuttling instead between time zones without narrative warning, are examples of nonlinear theater 9. Founded by Luis Valdez in 1965, which contemporary Chicano theatre was created to dramatize the farm workers' situation in California through didactic actos? Teatro Campesino 10. Generally the playwright is more intelligent and better informed than the members of the audience. false 11. How did Stanislavsky contribute to realist theatre? He brought realist acting to realist plots 12. If you were to join a discussion about macaronic drama, you would be chatting about plays that include speeches in different languages. 13. In describing dramatic space as â€Å"psycho-plastic,† which â€Å"scenographer† (Europe's most celebrated in the 20thcentury) said â€Å"The goal of a designer can no longer be a description of a copy of actuality, but the creation of its multidimensional model? Joseph Svoboda 14. Opera bouffe is a type of lightweight, sentimental musical. false 15. Plays that deal with theatrical matter not simply as a vehicle but as a theme are called metadrama or metatheatre. 16. Postmodern playwrights and directors are mainly concerned with the discontinuity meaning 17. Postmodernism relates to previous artistic movements in all the following ways EXCEPT postmodern theatre attempts to illuminate the received truths of

Some Facts about People I Do Not Know Essay - 1234 Words

â€Å"In three words I can sum up everything I’ve learned about life. It goes on. â€Å"(Frost).† Robert Frost had to go through several different obstacles in his life, either it being a child dying, dropping out of college, and getting deathly ill. Pancho Villa had been in jail multiple times, but in the end he had succeeded by not giving up and with determination. Babe Ruth had grown up on the streets, and had nothing going for him for a majority of his life, and he still became one of the best baseball players to date. Although all of these famous people to get over huge obstacles in their life, all of these people in this article, Robert Frost, Pancho Villa, and Babe Ruth, had to overcome several obstacles in life. Robert Frost not only had to†¦show more content†¦When frost returned to America in 1915, ‘North of Boston’ was a best seller. â€Å"Tall muscular body and a rugged face, with its pale watchful eyes became a familiar sight; as the hair whitened and the face grew saggy, and the body thickened, those eyes remained the same.†(Robert.) In 1917, Frost became one of the first poets in residence on an American Campus. Frost returned to Amherst for 2 years in 1923 and joined the University of Michigan in 1975, and then settled in Amherst in 1926. (Robert.) â€Å"Because of his weak lungs, his doctor ordered him to go south in 1936, and there after he spent his winters in Florida.†(Robert.) In 1961, at the inauguration of JFK, Frost recited ‘The Gift Outright’, the first time a poet had honored a presidential inauguration. On Jan 29, 1963, Frost died in Boston, following an operation. A large amount of frost’s poems were based off of the seasons. After Robert Frost’s birth, his father soon became interested in politics. Robert Frost was a great person due to the fact that no matter how many times he was down, he always got back up and did something great. And by the same token, Babe Ruth accomplished a lot of the same things. Babe Ruth, or George Haman, had an extremely rough childhood, with little to no supervision and little schooling. (Babe.) George Haman or Babe Ruth had become the greatest baseball player in the history of the game. Ruth helped establish baseball as the national pastime. Also Ruth wasShow MoreRelatedMental Illness And Mental Health893 Words   |  4 PagesOne of the main reasons I wanted to write about mental health is because I do not think is discussed enough and more importantly I do not think it is given the importance it deserves. Mental Health is something you heard now and then, but it’s never actually discussed and it should. 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