Wednesday, November 27, 2019

Genetically Modified Food Essays - Molecular Biology,

Did you know that we?ve been eating genetically modified foods for the past 10 years? It?s in about 70-75% of our nation?s food. Our food supply has greatly improved. Today we are going to find out what is genetically modified foods. Genetically modified foods are foods that have been engineered in the laboratory. They are improved in many ways. In the first part of my speech I will talk about the genetic modification technology in food and agriculture, locating improvements. In the second part I will include a debate about food safety, consumer attitudes and other concerns. Newspapers frequently carry stories about genetically modified food. The biotechnology agricultural age is occurring. Scientists had an idea to make food have better appearance, growth, and taste. In genetic engineering you take the best food available and add the few characters you are interested in so that you?re breeding efficiency is increased. Genetically modified foods are boosted in nutritional value, and can be more disease-resistant, flavorful, or cheaper than natural foods. For example, plant breeders have turned the wild potato into the wide varieties that we can buy. The varieties of potatoes are different from their cousins. After years of searching scientists were able to find a way to change their genetic modification. They figured out a way to change DNA from organisms. The hope is that this biotechnology will have perceived benefits. Agricultural practices have to change unless we want to risk facing a major shortage of food. The food we eat can threaten our lives and has the potential to affect our health Genetic engineering is really a radical revolution in food production. Genetically modified foods were first put on the markets in the early 1990s. Today agriculture is going far beyond nature to produce new miracles or an even better more abundant life. On the farm today, wherever you look you see the handiwork of scientists. Genetically modified foods are the result of a miraculous agriculture. . Searching for new ways to eat? We all have to eat in order to live. Want to eat new wonder products? Want food that is safe and of high quality? If you move beyond your comfort zone you can eat genetically modified foods. The twenty first century faces choices in genetically modified foods. Genetically modified foods use technology to alter the genetic makeup of organisms. Genetically modified foods have their DNA changed artificially. It makes the food more useful or edible. It involves the insertion and deletion of genes. Using molecular biology techniques, in what is undoubtedly the most potent technology the world has ever known, the food is exposed to radiation or chemicals to modify the organism. This involves inserting genes into the cells of a plant/animal/microbe to give a desired characteristic. It enhances food value and quality in ways that you don?t normally encounter. Food has its genes altered to introduce useful production or flavor characteristics. Food becomes resis tant to disease, stays fresh longer, improved in clarity, improved in size and high in proteins and vitamins. Want to see foods that would never occur in nature? Genetic engineering creates new organisms. Genetic engineering can be used to make products such as foods, food ingredients, medicines and vaccines. A lot of the food we eat today contain genetically modified ingredients. Today, Australia is stalling over whether to embrace genetically modified foods, but we won?t be able to put off the decision for much longer. The public generally supports the use of genetically modified foods. The more they embrace this unique technology, the more it?s going to be used. Technology is getting better, new molecular and genetic techniques will make genetic engineering even more precise. According to the US Food and Drug Administration many of the foods that are common in our diet are obtained from plants and animal varieties that were developed using conventional genetic techniques of breeding and selection. Genetically engineered organisms are everywhere. Things like soy and corn are in so many products. In fact if you eat food from a restaurant or a supermarket, you?re probably eating GMOs. In 1992 the Food and Drug Administration said that GM foods are not inherently dangerous and they really didn?t see any risk at all associated with it. The

Sunday, November 24, 2019

Bangalore Real Estate Essay Example

Bangalore Real Estate Essay Example Bangalore Real Estate Essay Bangalore Real Estate Essay Capital of the southern state of Karakas, Bangor is blessed with numerous features which include gardens, natural lakes, beautiful madmans and a favorable climactic condition. These are features which aid in attracting business opportunists who make this city a more lucrative option for potential buyers. The growth of the real estate industry in Bangor that began along with the IT boom is showing an upward movement in both commercial and residential properties. However, the rising figures are not enough to quench the growing demand for properties in Indians primary IT hub. This growing demand in Bangor property has encouraged property investors and dealers as they are coming up with newer forms of projects that will attract more buyers. These schemes are aimed at not only the elite class but also the middle class working executives to fulfill their dreams of a sweet home in the high tech city. Increase in real estate prices drives the market to be more expensive which provides plenty opportunities to real estate developers. The Indian government is also not being left behind as it is coming up with various infrastructure projects in order to make Bangor one of the most sought after cities across the globe. The prime center of attractions in Bangor includes the Whitfield areas, Bantamweight Road, Outer Ring Road and House Road. This evolution has attracted a number of multinational companies such as Yahoo, Amazon, Google and many more. This has also led to an increase in the demand in business in residential sectors. However, several issues do exist such as parking, traffic Jams, deteriorating road conditions and low vacancy rates in the main city. This has reinforced real estate developers and builders decision to search for options in the suburban areas of Bangor. A number of real estate developers are also developing townships around Bangor city. Most real estate projects are inspired from countries like Singapore USA and China.

Thursday, November 21, 2019

Choose a media problem and solve it Essay Example | Topics and Well Written Essays - 500 words

Choose a media problem and solve it - Essay Example In the presented scenario, there is a consideration to provide focus to a celebrity’s death against the need to concentrate on the closure of parks for three days a week. As mentioned before, the media is considered as a reliable form of cultural information provider. This indicates that there are chances that the focus provided to either story would become a contemporary cultural consideration. Another social consideration is the fact that the media is seen as a social watchdog and is assumed to be responsible by most people. Consequently, most people in a social setting are ready to take the media’s cue in order to look into contemporary challenges facing a society or community. The nature of media establishments ensures that they have information sufficiently ahead of time so that it can be distributed to the audience for their reaction. Typically it is the audience’s reaction through media manipulation that makes all the difference to political processes. These needs also need to be balanced against the consideration of earning a profit since it is the prime motive of opening up most media establishments. In this respect, media ratings tend to matter and figure a lot especially in terms of television ratings being compared between rivals. The current scenario demands a local television to decide what news to make the lead story. The park closure is a social issue that tends to affect the lives of nearly everyone in the community and the local television station has all the responsibility to make people aware of their closure. In contrast, the celebrity death news story has the potential to raise the ratings for the television station and hence to increase the advertisement revenue for the television station. Placed as the news director at the local television station, I would choose to provide focus to the celebrity death news story. Doing so will ensure that the subsequent television

Wednesday, November 20, 2019

The Aspect of Violence in the World of The Hunger Games Assignment

The Aspect of Violence in the World of The Hunger Games - Assignment Example The Hunger Games conceals the issue of violence by using a form of language that deters the audience to know the real meaning of it. Orwell defines this as â€Å"staleness of imagery† or â€Å"the lack of precision† (2). Seneca Crane, the game-maker, has been presented with such a vague language that mitigates the level of tension despite its nature. The film commences without tackling the mechanics of the game, neither how it is being played nor how it continued that long in their nation. As a matter of fact, the film itself is a paradigm of a dying metaphor. According to Orwell, there are modern metaphors that are â€Å"technically dead,† concealed â€Å"being an ordinary word,† which can â€Å"generally be used without loss of vividness† (2). The Hunger Games, as an example, is by far presenting a metaphor about the aspect of hunger, but the mere fact that the plot offers only two pathways, death or survival, it has to be something vague but is v ivid. Therefore, even if the audience sees the violence of the movie, they are moved along the side of temporal unconsciousness. However, as they went through viewing the movie, they will realize the issue of violence that is concealed in the title of the movie, may it be a game of death. In the lens of the â€Å"verbal false limbs or operators,† some contemporary works have â€Å"trouble of picking out appropriate verbs and nouns,† simultaneously providing â€Å"each sentence with extra syllables† resulting it to appear symmetric (Orwell 3). For instance, Katniss and Peeta, as the protagonists in the movie, have been portrayed with such an ineffective and unsoundly utterances, such that their moves in every act posit a very interesting motion, but their lines pose no strong connection with it. This is a clear manifestation that their roles have been presented with an utterance that consolidates the â€Å"elimination of key verbs† (Orwell 3). Eliminating key verbs by replacing or complementing with another word in a sentence will deter the strong meaning of the word. Selena Crane’s role is also depicted as one with an utterance that replaces â€Å"simple conjunctions and prepositions,† which Orwell described as a tool to appear symmetric (3).

Sunday, November 17, 2019

Developmental theories Term Paper Example | Topics and Well Written Essays - 250 words

Developmental theories - Term Paper Example Researchers assert that developmental theories give answers that open important ways or depths into human behaviors in studying causes of different experiences that human beings face. Developmental theories emanate from different schools of thought. From studies, there are various schools of thought that resulted to the developmental theories. They include Humanism, Behaviorism, Cognitivism, and Gestalt. Piaget’s Cognitive Development theory handles matters of human thinking. According to Piaget, the difference between children’s and adult’s thinking is qualitative other than being quantitative, as some people may have thought. In this theory we get to know that development occurs in distinct observable and more so measurable stages. The theory enlightens us that developmental growth is not affected by experience. According to Piaget, development is viewed to be unidirectional (Fletcher, 2005). Furthermore, according to Kohlberg, the theory of morality has several stages which include preconventional, conventional, and post conventional. He states that the degree of responsibility goes, with age where in middle childhood, children perceive themselves to be responsible for others around them. To this end it is seen that the theories do not cover all possible areas of human development and as a result, sub-divisions like those of Kohlberg will help clarify so many issues or answers (Sigelman, 2011). From many researchers, it is evident that the developmental theories are not original and base their roots deep down in different schools of thought. These schools include Gestalt, Psychoanalysis, Behaviorism, Cognitivism and Humanism. Therefore, a few factors seem to have been put together to make up the theories in meeting the need to answer some of the questions or explain some experiences in human development (Fletcher, 2005). Research shows that the stages in developmental theories are accurate and

Friday, November 15, 2019

How Can You Reduce Fresh Water Scarcity?

How Can You Reduce Fresh Water Scarcity? Abstract (100) The purpose of the report is finding the water scarcity in Singapore and the useful solutions. According variable data from the research, the readers can find the direct reasons of the problem and each specific solution for each reason. Furthermore, the exact outcome of every case is demonstrated vivid by data. Then, the government will measure the possibilities of different solutions. Finally, I reckon the official research group should research more reasons for water scarcity and establish the Water Association. After everything, the Singapores Water Association can help more countries which are facing the water scarcity. Introduction (150) This report has lots of variety plans and the solutions of the water scarcity in Singapore. The most direct cause of the water scarcity is the capacity of water source in Singapore. Most areas in Singapore are facing the thorny problems, especially the areas that are surrounded by the oceans. Furthermore, the pollution of water in Singapore is seriously fatal problem; the low efficiency of water use is one significant factor of the water scarcity. On the other hand, the population of Singapore is increasing rapidly while the demand for water is increasing at the same time. Moreover, the areas of the entire country are really limited and small. On the contrary, the areas of Singapore are only one in 22 in Beijing. This is why the catchment of natural water is certainly small. In order to solve this problem, the Singapore government should make more storage of water in every local city. Methodology (100) Before you take actions to make the water scarcity disappear completely, you have to make the exact plans and collect branches of data about the pressing problem. In order to know more details of the water scarcity can the severity of this. I researched the history of the water demand and supply in Singapore. Furthermore, I collected different statistics of the water demand and supply. Then, I compared these two situations together and figure out the difference of these. Finding (250) The fresh water issue is one of the most influential problems in Singapore. Singapore has been dependent on Malaysia for nearly forty percent of its water supply. It is why the water source is the dispute between these two countries. On the other hand, although Singapore is not short of the fresh water and it receives approximately 2400 mm of the rainfall annually, the only problem faced by the country is the ability of the storing of the rainfall. And the limited amounts of land areas are the other issues the country faced. In order to solve the problem, Singapore has managed to reduce domestic water consumption from 172 liters per capita per day in 1995 to 157 liters in 2007. Moreover, there are loads of variable activities arranged to teach Singaporeans to notice the importance of water. The Water System asked different schools and leaflets on conservation are distributed to households. Furthermore, the modern societies have established the catchment areas and build dams and get m uch fresh water from the sea and ocean. The last point is that the government suggests Singapore should consider the social and economic impacts of sourcing of water by desalination and recycling. According the graph, we can see the No. of desalination plants is growing up while the capita of domestic water consumption is decreasing slightly. The data can demonstrate the concept of saving water is so essential for the local people. On the other hand, the volume of used water treated is declining obviously. http://www1.american.edu/ted/ice/singapore.htm Discussion (250) From this range of data, we can easily notice Singapore have created lots of different strategies to overcome the water scarcity. First of all, one technique is that has been successfully growing Singapores water supply is rainwater harvesting. Actually, Singapore can get a amount of water but they do not have any useful ways to harvest them. Therefore, using innovative and advanced technology to overcome a lack of space and improve the ability of collecting rainwater. On the other hand, the capacity of NEWater is becoming the dominant source of water supply in Singapore. It occupies approximately 30 percent of Singapores water needs. Depending on this tendency, the government of Singapore planned to triple the current percentage of future water demand by 2060. Moreover, the Desalinated Water is one of the most significant sources of water scarcity in Singapore. Singapore has one of Asias largest RO plants, which produces 30 million gallons of water each day. The second desalination plant was built in Singapore in 2013, about 100 million gallons of water per day and it ranks about 25 percent of Singapores current water demand. My hypothesis is Singapore should make more storage in every local city. The Singapores government is thinking about the exact ideas that I thought. If the country does not have enough money, they cannot spend their money on making more desalinated water. This is why Singapore has already solved the problem by itself and not cooperates with Malaysia because of the income of the entire country. Conclusion (150)   Ã‚   From the Finding part and Discussion part, we can easily find branches of the strategies to overcome the water scarcity in Singapore. However, their possibilities of success are definitely different. If the stint of the plan is sufficient, the Singapores government can take the action quickly. In addition, if the volume of the rainwater is not desirable and reasonable, the harvesting of the water is cannot be successfully. I reckon the government can make more conduction with other countries and make the Water Association to help Singapore. And it keeps measuring the demand of water in Singapore. I suggest that people can research more ways to create the capacity of the water. After that, the research team can figure out more reasonable reasons why the water scarcity is so serious in Singapore. The last point is that other countries that are suffering about water scarcity. Reference List https://www.ukessays.com/essays/environmental-sciences/the-issues-of-fresh-water-in-singapore-environmental-sciences-essay.php http://www1.american.edu/ted/ice/singapore.htm http://www.wateronline.com/doc/looking-to-singapore-for-water-scarcity-solutions-0001

Tuesday, November 12, 2019

Moko Jumbie

Mock Jumble, I personally find, is the most phenomenal traditional character as not only it is a tremendous sight to see but also the ability and skill that is required to portray such a gratifying character. More formally known as ‘Stilt walker' The Mock Jumble originated from West Africa. They had a God named ‘Mock' and the liberated slaves then added the word ‘Jumble' meaning ghost. The heights of the stilts were seen as the ability to prognosticate evil quicker than ordinary men.The sticks that they balance upon are between ten to fifteen feet, this character can't simply put on a costume and play the role, he or she just require a certain level of training. Not only the astonishing talent to balance on these lingering sticks but the mock Jumble is able to dance while maintaining their profound balance. I have lived in Trinidad my entire life and there was never a carnival season that I didn't see tallest one Mock Jumble parading the streets. They bring a sense of enthusiasm to the festival.Seeing them in their luminously, radiant colors splendidly moving in time with the rhythm of the music. They usually wear lengthened pieces of velvet, which covers the sticks and bring out the oomph within there performance. Traditionally they wore a Jacket and an elaborate admiral hat but in modern days they are seen wearing cloth wrapped around there heads and instead of Jackets, cloth which flows elegantly down there pants or some that even have excess material attached to there hands are used In modern days.Mock Jumbler's have a symbolic semblance sustained throughout the years In our culture. Whether seeing one In person for the fist time or again this carnival season I guarantee you will be nothing but mesmerism's. I hope one day I acquire the elite balance which Is required to run with the ball of this majestic art.

Sunday, November 10, 2019

How to Make a Grilled Cheese Sandwich

Tiayna Bradford BRADFORD 1 Mary Jo M. Keiter English 051 Oct 18, 2012 How to make a grilled cheese sandwich on an electric stove. First you need to make sure that you have all the things needed for this process. 1. Frying pan 2. Bread 3. Butter or Margarine 4. Butter knife 5. Cheese 6. PlateFirst you take out two pieces of bread and lay them on your plate. Then you open up the butter, get the butter knife; put some butter on the knife, then spread it on one side of the bread. Make sure that the side you put the butter on is the side down. The other side of the bread that is faces up; put two slices of cheese on it. After you put the cheese on it; put piece bread on it, then spread butter on that side too.When that part is done, turn the stove on number four; so that it is not up to high; or to low. Place the frying pan on the eye that you turned on. Once it gets hot put the sandwich in the pan. You can put a lid on it to make it cook faster or just leave it open. Let it cook for lik e two minutes and then turn it to the other side and repeat the same thing. Once you see that the bread is brown a little, you can take it out using a spactula. It is then ready to eat. How to Make a Grilled Cheese Sandwich My Recipe For Grilled Cheese Sandwiches Topic: How to make grilled cheese sandwiches. Audience: Parents that need to cook something quick for there children. Purpose: To teach someone how to make a grilled cheese sandwich. Format: An expository paragraph. ——————————————————————————————————————— You will need: An electric frying pan, 2 slices of bread (preferably white), (softened) butter, and some cheese of your choice Step 1.Plug in and pre-heat the electric frying pan to 400 degrees fahrenheit. Step 2. Take your butter and spread it on one side of both pieces of bread. Step 3. Then you need the cheese (if you are cutting it of a block, 1 eighth of an inch is my recommended thickness) But I like to use singles chee se slices with mine. Step 4. Place your cheese in-between the un-buttered sides of your bread so that the buttered sides are facing out. Step 5. When your electric frying pan is fully heated, place the sandwich on it. Step 6.Let it sit for around 3 minutes, if you want a panini style sandwich, then you can lightly press on the sandwich with a a spatchula while it's cooking. Step 7. Then flip it and let the other side sit for only about 2 and a half minutes. Step 8. Then it's done! Step 9. If you want to make it better, try adding Ketchup on the side, along with a pickle. Step 10. Part of the process of making anything is the clean up so don't forget to put away everything, including turning off and unplugging the electric frying pan. Step 11. Eat up! By: Adam Brice

Friday, November 8, 2019

Free Essays on Anomic Sucide

Anomic Suicide The theorist who birthed the idea of Anomic Suicide was Elile Durkheim. Durkheim was born in Lorraine, France in the year 1858 and spent most of his life developing the ideas of Functionalism and other issues of modern sociology. â€Å"He was certainly the most important sociological forerunner of modern functionalism.† (Wallace p20). In 1917, at the age of 59, Durkheim died from a stroke possibly caused by overwork and also the death of his only son had a terrible impact on him. Durkheim was intrigued and concerned by the rising rate of suicide in industrialized countries, he also saw it as a social problem and wanted to learn more about it. Durkeim derives the Anomic suicide from organizational dysfunction or tension. The word Anomic means normlessness, a situation which could arise when rules and norms are not present. When this occurs, people lack feelings of affiliation and emotional support, lack contact with others who share similar interests and access to opportunities. Durkheim goes on to explain that our society is defined by continuous contact with others. Through this contact, we create social relationships and thus find a purpose to life. This is even greater than our individual self-interests. The more we communicate and have interactions with others the more we need to be associated with a group of individuals. Individuals need relationships such as marriage, neighborhoods and friends. It is for this reason that many individuals join religious and political groups, in doing so they become part of a large entity, something bigger and further reaching than themselves. Anomic Suicide comes from when people feel that they are no longer integrating and interacting with any social group (religions, political, etc.), or when there is a death of a partner and they feel as if they are by themselves or sometimes if they personally are involved in a economic catastrophe. All these are reasons for people ... Free Essays on Anomic Sucide Free Essays on Anomic Sucide Anomic Suicide The theorist who birthed the idea of Anomic Suicide was Elile Durkheim. Durkheim was born in Lorraine, France in the year 1858 and spent most of his life developing the ideas of Functionalism and other issues of modern sociology. â€Å"He was certainly the most important sociological forerunner of modern functionalism.† (Wallace p20). In 1917, at the age of 59, Durkheim died from a stroke possibly caused by overwork and also the death of his only son had a terrible impact on him. Durkheim was intrigued and concerned by the rising rate of suicide in industrialized countries, he also saw it as a social problem and wanted to learn more about it. Durkeim derives the Anomic suicide from organizational dysfunction or tension. The word Anomic means normlessness, a situation which could arise when rules and norms are not present. When this occurs, people lack feelings of affiliation and emotional support, lack contact with others who share similar interests and access to opportunities. Durkheim goes on to explain that our society is defined by continuous contact with others. Through this contact, we create social relationships and thus find a purpose to life. This is even greater than our individual self-interests. The more we communicate and have interactions with others the more we need to be associated with a group of individuals. Individuals need relationships such as marriage, neighborhoods and friends. It is for this reason that many individuals join religious and political groups, in doing so they become part of a large entity, something bigger and further reaching than themselves. Anomic Suicide comes from when people feel that they are no longer integrating and interacting with any social group (religions, political, etc.), or when there is a death of a partner and they feel as if they are by themselves or sometimes if they personally are involved in a economic catastrophe. All these are reasons for people ...

Wednesday, November 6, 2019

U.S. Presidents of the 1990s and 2000s (41 to 44)

U.S. Presidents of the 1990s and 2000s (41 to 44) You probably remember the first Gulf War, Dianas death and maybe even the Tonya Harding scandal, but can you recall exactly who was president in the 1990s? How about the 2000s? Presidents 42 through 44 were all two-term presidents, collectively spanning nearly two and a half decades. Just think of whats happened in that time. Taking just a quick look at the terms of Presidents 41 through 44 brings back a lot of significant memories of what already might seem like not-so-recent history.   George H. W. Bush:  The senior Bush was president during the first Persian Gulf War, the Savings and Loan Bailout and the Exxon Valdez oil spill. He was also in the White House for Operation Just Cause, also known as the Invasion of Panama (and the deposing of Manuel Noriega). The Americans with Disabilities Act was passed during his tenure, and he joined all of us in witnessing the fall of the Soviet Union.   Bill Clinton:  Clinton served as president during most of the 1990s. He was the second president to be impeached, though he was not removed from office (Congress voted to impeach him, but the Senate voted not to remove him as President). He was the first Democratic president to serve two terms since Franklin D. Roosevelt. Few can forget the Monica Lewinsky scandal, but what about NAFTA, the failed health care plan and Dont Ask, Dont Tell? All of these, along with a period of significant economic growth, are marks of Clintons time in office.   George W. Bush:  Bush was the son of the 41st president and grandson of a US Senator. The September 11th terrorist attacks occurred early in his presidency, and the rest of his two terms in office were marked by wars in Afghanistan and Iraq. Neither conflict was resolved by the time  he left office. Domestically, Bush may be remembered for the No Child Left Behind Act and the most contentious presidential election in history, which had to be decided by a manual vote count, and ultimately the Supreme Court.   Barack Obama: Obama was the first African-American to be elected as president, and even the first to be nominated for President by a major party. During his eight years in office, the Iraq War came to an end and Osama Bin Laden was killed by US forces. Less than a year later came the rise of ISIL, and in the following year ISIL merged with ISIS to form the Islamic State. Domestically, the Supreme Court decided to guarantee the right to marriage equality, and Obama signed the highly controversial Affordable Care Act in an attempt, among other goals, to provide health care to uninsured citizens. In 2009, Obama was awarded the Nobel Peace Prize  for, in the words of the Noble Foundation, ...his extraordinary efforts to strengthen international diplomacy and cooperation between peoples.

Sunday, November 3, 2019

Demand Estimation Assignment Example | Topics and Well Written Essays - 1750 words

Demand Estimation - Assignment Example Such a product according to economic theory is said to exhibit somewhat elastic demand relative to that of similar products in the market (Graves, & Sexton, 2009). Consequently, the owner of the low-calorie, frozen microwavable food product may need to worry less about rivals in the market since the pricing strategies have a negligible impact on his products. The income elasticity is estimated at 1.62. Such a result is an indication that a 1 percent positive change in the average incomes of the consumers of the product would lead to 1.62 percent increase in the quantity demanded. Theorists argue that such a degree of responsiveness due to changes in consumer income is elastic (Saez, Slemrod, & Giertz, 2012). In line with this, the firm can take the step increasing the price of the commodity if the incomes of the consumers are increased. The elasticity of advertisement is estimated at 0.1 implying that a unit increase in the funds spent on advertisement results to 0.11 increase in the quantity demanded. The result that the degree of responsiveness of the quantity demanded to changes in the intensity of the advertisement is relatively elastic. As such, increases in the level of advertisement do not justify increases in prices by the firm since it is possible that such price have the potential to scare away the consumers (Graves, & Sexton, 2009). In relation to the microwave ovens in the region, the elasticity is estimated at 0.07. Despite the food product being a complement to the microwave oven, a 1 percent elevation in the quantity of ovens in the region only increases the quantity of the food product by merely 0.07 percent. Concerning this, the degree of responsiveness of the quantity needed in relation to variations in the price of the oven is inelastic. The management is better off ignoring the effect of the changes in the price of the ovens when strategizing on

Friday, November 1, 2019

M3A2 Methods Speech or Presentation Example | Topics and Well Written Essays - 500 words

M3A2 Methods - Speech or Presentation Example Standard scores also offer room to analysts to convert scores from different data sets into scores that can be accurately compared to each other. A good scenario of where to use the z-score especially in the business environment is to measure the bankruptcy probability of a company. Say you are a statistician and you are given a mandate to check whether a company (may be a manufacturing or any other service) is either at a risk of corporate collapse or is at higher level of liquidity and earnings, which can be interpreted as having a smaller probability of bankruptcy. In this case, you need to check or determine signs of company bankruptcy. As an analyst you will have to look at various possible factors 9financial ratios) affecting the stability of a company. This may include; It is important to understand that these factors are unique from each other and have different story about the firm’s financial status. It can be a bit confusing to compare them. However, it becomes very easy to compare the different scores using z-score. In this case, when z-score value