The Historical Piece essays

The Historical Piece essays It seems like every time you buy a new home you always have something you do not like. It can be anything from an eyesore to a color in a room to the size of a room. One specific kind of an eyesore is an old barn that is on the property owned by my family. Any time you have a barn that needs some work, you have to make a decision whether to tear the old one down and build a new one or restore the old one to keep history and memories alive. Ray Mullins is my mentor, and he used to work on old houses and things that needed to be restored. Ray Mullins said that a barn may not mean anything to you, but it may mean something to someone else in your town. That is why you should get some opinions from older residents who have been there the longest (Mullins). When restoring a building, it is important to know its history along with some architectural information before selecting the best materials and actually starting the work. The history of the barn is the most important part to it. Our barn used to be called Wayne Feeds. That name is still visible on the right side closest to the road. A long time resident named John Schafer said that Bill Mitten (who was the owner) started his business in 1926, but did not build the building until that year or the next year. Schafer said, The feed mill was going good in the 1930s. Another long time resident named Edna Ruth Smith said that the owner and managers name was Bill Mitten. Smith said, He did not have a lot of help. She added that her husband, Carroll Smith, worked for Bill. Carroll was still going through school when he worked for Bill (Smith). Smith said, Carroll got paid one dollar per day while going through school. Schafer mentioned a lot of people who were workers such as Loranie Havaland, Paul Stantz, Marian Wells, Billy Fiskey, and himself. Loranie and Paul only worked there for a little while. Marian worked in the mill. For about 25 to 30 yea...

Insource essays

Insource essays "Taos Insource" is a program by which Taos flexibly provides the expertise and labor to ensure a superior level of System and Network support, working closely with the client's existing staff and management. The benefit to the client is lower total cost and greater reliability than the alternatives of all regular staff or regular-staff plus traditional contractors. One key to Insource's effectiveness is an intimate understanding of the client's environment, especially from the perspective of each person we have involved. A collateral benefit is that by applying our disciplines to their environment, the effectiveness of their regular staff can be maximized, and dependencies on their specific staff members are reduced. Flexible support depends on having the right combination of people at any time. The required skill and experience mix needed for optimal an support level varies depending on the workload and the specific tasks to be done. The Insource model consciously minimizes the costs and impact associated with changing assigned personnel. An Insource responsibility of Taos is to proactively recognize when it's appropriate to "switch horses" and when doing so would be counter-productive. Each person assigned to an Insource client is made "hot-swappable" through documentation and through Taos-organizational-knowledge of the person's responsibilities, of the client technical infrastructure, and of other environmental issues key to the person's work. An Insource consultant maintains always-current documentation of his or her daily work, and Taos ensures that the environmental documentation also reflects current reality. The idea is to create as little dependency on what's in the consultant's head as possible, so in the event of a proactive or reactive switch the impact on the client is minimized. Companies which rely on an all-regular-staff model make a decision about staffing level that depends n ...

Journal opinion article Essay Example | Topics and Well Written Essays - 500 words - 3

Journal opinion article - Essay Example In this interplay of a basic economic concept pertaining to supply and demand, many individuals on a smaller scale are gaining from the benefits of affordable oil. Nevertheless, this might as well be a temporary condition because of its more encompassing implications. The instability of prices for this major commodity caused the creation of the Organization Of Petroleum Exporting Countries (OPEC) to control production and prices. The oil prices seem good on an individual level but this indicates an even bigger economic and political issue that entails the OPEC’s involvement. Yergin states that the decision not to reduce production greatly affects less affluent OPEC members compared to their more financially stable counterparts. Venezuela and Iran are among those countries suffering from the blow of plummeting oil prices. Member nations classified as developed countries are more resilient and have steady reserves to cushion the fall. â€Å"The OPEC members in big trouble are the â€Å"have-nots†Ã¢â‚¬â€those with small financial reserves and high government budgets† (Yergin para.9). Another equally prevailing factor in this issue is the Russia-Ukraine conflict. Notable is the fact that Russia is not a member of the OPEC and yet is the biggest producer of petroleum in the world. Almost majority of its budget comes from its oil revenue and in a country largely reliant on imported consumer goods, this spells trouble. Russia’s falling currency equates to the fact that it has to pay more to get the goods it needs. Together with other sanctions imposed on the country due to the on-going conflict, Russia is experiencing major economic woes (Yergin para.11). On a microeconomic level, the affordable prices of oil mean an increase in the purchasing power of individuals and other enterprises. Fuel at a lower cost means value for consumers felt prominently by vehicle owners who purchase it on a regular basis and manufacturers who use it

Wimm-Bill-Dann in Russian Market Research Paper

Wimm-Bill-Dann in Russian Market - Research Paper Example By the end of 1999 the wages of common people tumbled by 30% and their pensions by 45% in value. These factors had a cascading effect on the economy resulting in high fuel and grain prices, which coupled with inefficient agricultural production that almost halved livestock rendered supply of raw milk the weakest link in the supply chain for the dairy industry. While it was estimated that 35%-80% of a family budget was spent on food, the economic situation in the country demanded that producers keep their prices low. The other factors that had a bearing on competitive rivalry were access to financial resources, wider product range and efficient distribution. This in turn meant tight management controls on production and distribution costs especially to reach produce to regions where the purchasing power was lower than in cities like Moscow. Sources of competition (Five forces): Before WBD arrived on the scene the Russian dairy sector was either regional or city-centred. They were making packaged milk, kefir (a fermented dairy drink), soured cream, butter, cream, and cottage cheese. The packaging technologies available to the small players were not able to provide long shelf life and limited their geographical reach. As the regional dairies were catering to markets as far away as 500 miles, under utilisation of production facilities, high logistics and distribution costs pushed up the prices. The economic crash of 1998 and the erosion of the rouble made the consumer highly price sensitive. WBD spotted a business opportunity in the situation. By expanding its product range and longer storage facilities the company felt that it could reach wider markets, offer low prices and utilise business opportunities offered by a liberalised economy. WBD actively pursued the policy of regional expansion, expanded its product portfolio and continuous advertising helped the company capture 30% each in the national dairy and juices markets. The situation also prompted western companies to relocate their production facilities to Russia in order to trim costs and be able to compete there. Therefore during this period the company had to contend with the entry of new international players such as Campina, Danone, Erhmann and Parmalat. WBD relied on branding, quality control, expanding product range and continued diversification as the strategy for fighting competition. The recovery of the economy in the new millennium saw changing trends in consumers becoming wealthier, more westernised, inclined to spend more and demanding high end products. Consumers began demanding healthy diets, more products with biologically active ingredients, special product lines for children with various multi-vitamin and other supplements. SWOT: As WBD set its sights on becoming the nation's leading food producer early on the company had a head start on competition. The company began implementing the idea by a multi-pronged strategy: product development, distribution, quality control, packaging, marketing and geographical expansion beyond Russia's borders into other CIS countries like Kyrgyzstan and

Learning Team Reflection Essay Example for Free

Learning Team Reflection Essay Owners and managers in the business need to make working capital management decisions such as inventory management, cash-flow management, accounts receivables, and supplier or vendor trade credits to ensure the company has sufficient cash-flows to pay short-term obligations. There are a few different working capital strategies a business can employ. Flexible current asset management involves holding large cash balances and inventory. The restrictive current asset management strategy requires companies to keep current assets low. Finagle a Bagel is a young, growing business that applies the working capital trade-off strategy to manage their working capital (Parrino, Kidwell, Bates, 2012). Married entrepreneurs purchased the business when it was a few years old and had four to five stores (University of Phoenix, 2014). The owners encountered many of the same issues commonly associated with running a young business. They had to learn to deal with customers, vendors, and suppliers; however, the larger issue was discovering how to manage their working capital. Maintaining and continually producing working capital is imperative for any business. Effective working capital management ensures the company has enough money to pay the bills. Managing their current assets, inventory, and liabilities are all part of working capital management (Parrino, Kidwell, Bates, 2012). Finagle a Bagel owners focused on mapping out their future and ensuring the business would grow enough to produce a successful cash flow. A successful cash flow, and keen understanding of their banking relationship, will allow the companies to more comfort when taking on debt or liabilities. The strategies Finagle a Bagel use for managing working capital are no different from the plan many companies utilize. The owners established a good rapport with their bank, vendors, and suppliers (University of Phoenix, 2014) which enables them to create the opportunity for positive interest rates and  trade-offs. The good interest rates assist in the short-term and long-term when they need to acquire a line of credit to pay suppliers or to expand the business. The working capital trade-off strategy requires the manager to balance shortage costs against carrying costs (Parrino, Kidwell, Bates, 2012). The business must be flexible. To allow for more time to pay another business back, trade credit is a strategy businesses extend to one another. Businesses work out a type of credit line to provide the other business with a suitable amount of time to pay their bill (Parrino, Kidwell, Bates, 2012). Credit lines are ideal and prevent banks from getting involved. Finagle a Bagel uses the strategy of trade credit regularly. Improper working capital management may jeopardize a company to default or bankruptcy. Upon reviewing the working capital management video, it is inevitable that the owners and managers in a business should monitor cash inflows and outflows periodically by computing financial ratios such as efficiency ratios – inventory turnover, and account receivable turnover and working capital ratio to ensure that the company has adequate cash-flows all the time. References Parrino, R., Kidwell, D. S, Bates, T. W. (2012). Fundamentals of Corporate Finance (2nd ed). Hoboken, NJ: Wiley. University of Phoenix. (2014). Week 3 Electronic Reserve Videos. Retrieved from University of Phoenix, FIN/571 – Foundations of Finance course website.

American Dream in The Great Gatsby by Fitzgerald :: essays research papers

Essential Question: What is the American Dream? America is the land with the most dreamers. America is the land of opportunity and equality. In America your dreams can be fulfilled if you work hard to achieve your goals. The American dream to most is, to be wealthy and to be able to afford anything. Wealth is a plus in life because you can afford expensive items that do not necessarily have a use, but it does not necessarily matter how hard you try or how much you spend you can not buy happiness. Although being wealthy can make you seem happy on the outside, on the inside you would not be as happy as you seem. In the novel The Great Gatsby by F. Scott Fitzgerald, the author shows how being wealthy will not make you happy. Many people have voiced their opinions of the America dream. In the novel The Great Gatsby by F. Scott Fitzgerald, the author tries to show you that wealthiness is a luxury not the American dream. And as I sat there, brooding on the old unknown world, I thought of Gatsby?s wonder when he first picked out that green light at the end of Daisy?s dock. He had come a long way to this blue lawn and his dreams must have seemed so close that he can hardly fail to grasp it. He did not know that it was already behind him, somewhere back in that vast obscurity beyond the city, where the dark fields of the republic rolled on under the night. (Fitzgerald) To put in simpler terms sometimes your American dream can be so close that you can taste it but it is not close enough to bite it. F. Scott Fitzgerald portrayed his view of the American dream through a character named Jay Gatsby. In the novel Jay Gatsby?s American dream was to get an old girlfriend back by showing off his wealth, but all he got was a bullet that killed him. In the novel he also states that everyone has an American dream and sometimes surpasses it in the process of grasping it. Gatsby It is believed that every person has a dream to accomplish in life but only those who believe can achieve them. ?No man e`er was glorious who was not laborious. Wealth is not his that has it, but his that enjoys it? (Franklin). Franklin believed that you can only spoil yourself if you can afford to.

Distractions: Classroom and Facebook Essay

Electronics is one of the main and worst distractions. Cell phones, laptops, desktop, and various other electronics are some of just a few distractions that take place in the class room, But the biggest one I think is laptops. People use laptops in the classroom to take notes, plan there day, and to do work on, but after a while it can those same usefulness can become a distraction. A lot of professors and instructors have decided to ban laptops from the classroom because people tend to lose focus with laptops in front of them. They start to go off and do other things like on Facebook or YouTube. This can become a big problem because they not paying attention so they don’t know what’s going on with the lesson which can affect what students might need to do for homework or what they need to study for that big test coming up. They not only are a distraction to the person using it but also a distraction to people around them. The typing may become annoying to a neighbor who may need to focus. Some professors find them a really distracting the typing and students seem to find more interest in the computer then in the lesson. Along with Cell phones, Laptops are becoming banned from classrooms due to the distraction to the person that uses them, their peers, and their professor. Laptops are just one of many distractions in the classroom and is one of the worst and main distractions along with cell phones and various other electronics that cause distractions.

Simmel, Marx, and Mead

After reading the specified passage #8, pages 101-108, I sat back and thought about who and what we have studied this semester. The information in the passage connected with three of the five major sociological minds that we have studied: Simmel, Marx, and Mead. The beginning of the passage talks about immigrants starting a new life in a new place, and what we a Americans think about it, which reminds me of Georg Simmel. A lot of the passage talks about how class and jobs relate to one another, which made me think of Karl Marx. One part of the passage discusses what Barbie is for little girls, which reminds of George Herbert Mead. I think that it is clear that these three sociological minds influenced parts of this section of Barbie Culture. Rogers gives the Statue of Liberty as an example of an icon. She talks about what it represents for Americans. To us it represents â€Å"political freedom and mass democracy (independence), this same icon has become a harbinger of a society supposedly open to â€Å"teeming masses† of needy, if not desperate, immigrants (dependence). Rogers goes on to say that Americans â€Å"see foreign-born newcomers as threats to their society. Fearful of the alien lifeways and multiple tongues of these international migrants, such Americans commonly invoke sentiments seemingly incompatible with this cherished icon† (Rogers: 101-102). Pampel talks a lot about how Simmel felt about the way he and other Jewish people were treated when they moved to Germany and into its big cities, and how most Germans tried to keep them from gaining any power or status. One example that Pampel gives is â€Å"universities placed limits on the number of Jewish professors they would promote: although about 12 percent of lecturers came from Jewish backgrounds, only about three percent reached he position of tenured professor† (Pampel: 131). Simmel was held back at almost everywhere he taught. Nearly everyone that heard his lectures like him and what he thought about things and how he broke things up and made sense out of them. He should have been tenured way before he finally was, but because of racist views of him he was not, no matter how brilliant he was. Pampel writes a lot about Marx and what he thought about the inhumane working conditions. Pampel tells us how Marx’s view on why things were the way they were. â€Å"Mattel’s hierarchy grows wider as one descends the ladder† (Rogers: 102). Marx knew that there were a lot more proletariat (workers) than there were bourgeoisie (owners of the capital). Everyone wanted as much money as they could get. Nobody really cared how the workers that were actually making the products lived or even felt. Marx felt that the key concept to all of that is social class. Society is both enabling and constraining. It enables few people to make a lot of money and the major decisions that affect everyone and constrains most people to just do as they are told. The workers had to work with low pay and in bad working conditions just to make enough money to survive. They really had no choice. Marx’s perspective is called conflict theory, and classes are always going to be in conflict with one another. Last but not least, Rogers talks about how or why Barbie came to be. Ruth and Elliot Handler were on vacation in Switzerland with their son, Ken, and their daughter, Barbara. They were out shopping when they came across the Lilli doll, which was a German doll that came from a cartoon strip and that was mostly marketed to men as a sex symbol. â€Å"Barbara Handler was fascinated with the doll, and Ruth Handler claims to have seen it as a perspective plaything for girls past the baby-doll stage† (Rogers: 103). Ruth must have thought that girls still needed a doll to play with so that they still had a sort of learning tool, even though they had out grown baby-dolls. Mead thought that toys/dolls could be used for role-playing, which really helped in the process of becoming one’s social self. Children could adopt the roles and attitudes of the doll. They act out and assume the roles of others in their imaginations. This role-playing helps â€Å"children develop a better sense of the meanings and attitudes held by other people† (Pampel: 194). Once children learn these things they can start forming their own opinions about things and really become and individual. Simmel taught us that the world is not fair. Even though he was a brilliant man and had a lot to offer the world, he was not able to because of racism and stupid people. Marx thought that society could be a great thing, but at the same time it could hold people back and make a lot of people miserable. Mead said that dolls play an important part in becoming a functioning member of society by helping children learn to develop their own attitudes and opinions as well as respect the attitudes and opinions of others. These three men contributed a lot to form the great sociological world that we have today.

Race Essay Example

Race Essay Example Race Essay Race Essay This topic always baffles me because every time I hear African-Americans speak about this and degrade other skin tones, I think to myself how the slave mentality is still present. Recently took a test by Project Implicit entitled Light Skin Dark Skin IA T. After answered some questions that basically asked you on how o you feel around different skin tones or who do you perceive is more scary looking by their skin tone, my results suggested that I have a strong automatic preference for Dark Skin compared to Light Skin. My reaction to this test I really didnt agree because honestly, I am not a person who judges you by your skin tone because I feel that there are good and bad people in all skin tones. Growing up around Black people all my life has been somewhat not a good experience. I did not embrace the confidence in my skin tone because I am dark skin, until I went to Prairie View A University. All my life as encountered with how Light Skin people were better, they have better hair, and they can play outside longer. Dark Skin people had to act, dress, and just be way above the norm so that you can get the title of, He/she looks good to be Dark Skin. This whole unnecessary issue started hundreds of years ago during slavery where Africans were constantly told that their skin was ugly. White people thought that they way they looked were superior. In other words, white people had a sense of ethnocentrism, the tendency to regard ones own ethnic group and culture as superior to others and to live that its customs and way of life are the standards by which other cultures should be judged. The results of this test will influence my future interactions with others in my career choice because I will treat all people with respect, no matter what color they are. To be honest you will find smart and dumb people in every race, skin tone, shape, religion or size. We allow society to influence and define on what true beauty should look like. As a Black people we really need to stop discriminating against our own selves because it is keeping our minds in bondage of a slave mentality. The next test I took was Gay relationships tend to be more egalitarian, in part because same-sex couples dont divide work along traditional gender lines. Gay couples also report less conflict and more happiness in their relationships. And because gay couples often lack the support of family members, they tend to receive social support from an extended network of friends. One of the most notable findings was that by nearly every measure, same-sex couples reported higher levels of happiness in their relationships than straight couples. Gay couples ported far less conflict than heterosexual couples and higher levels of intimacy. Gay couples were more likely to feel that they could confide in their partners, experience high levels of affection and be happier with their sex lives. One reason same-sex couples may report more satisfaction and less conflict is that their relationships tend to be less defined by traditional roles. Men, gay or straight, often find it easier to communicate and share perspective with other men. Women typically find communication easier with other women. From as far back as anyone can remember marriage has always been something that everyone has done or looked forward to as a young child. Sure, back then, marriage was between a man and a woman, and being gay or lesbian was a secret that was well kept. Now times have changed, where being gay or lesbian is not something to be ashamed of or kept secret but to celebrate whom you are and where people are starting to be a little more open to changes. Granted, there is a lot of discrimination against people every/here we look; may it be against a race of people, a disabled person, or a certain social class, and people have all these different seasons for why they discriminate against these groups. However, when it comes to discriminating against gays and lesbians, the only thing people like to throw in their faces is that it goes against the Bible. This is their only argument, God says it is wrong and it is an abomination so case closed, A. Describe the results of the tests, B. Explain your reaction to the results,

Theory Definition in Science

Theory Definition in Science The definition of a theory in science is very different from the everyday usage of the word. In fact, its usually called a scientific theory to clarify the distinction. In the context of science, a theory is a well-established explanation for scientific data. Theories typically cannot be proven, but they can become established if they are tested by several different scientific investigators. A theory can be disproven by a single contrary result. Key Takeaways: Scientific Theory In science, a theory is an explanation of the natural world that has been repeatedly tested and verified using the scientific method.In common usage, the word theory means something very different. It could refer to a speculative guess.Scientific theories are testable and falsifiable. That is, its possible a theory might be disproven.Examples of theories include the theory of relativity and the theory of evolution. Examples There are many different examples of scientific theories in different disciplines. Examples include: Physics: the big bang theory, atomic theory, theory of relativity, quantum field theoryBiology: the theory of evolution, cell theory, dual inheritance theoryChemistry: the kinetic theory of gases, valence bond theory, Lewis theory, molecular orbital theoryGeology: plate tectonics theoryClimatology: climate change theory Key Criteria for a Theory There are certain criteria which must be fulfilled for a description to be a theory. A theory is not simply any description that can be used to make predictions! A theory must do all of the following: It must be well-supported by many independent pieces of evidence.It must be falsifiable. In other words, it must be possible to test a theory at some point.It must be consistent with existing experimental results and able to predict outcomes at least as accurately as any existing theories. Some theories may be adapted or changed over time to better explain and predict behavior. A good theory can be used to predict natural events that have not occurred yet or have yet to be observed. Value of Disproven Theories Over time, some theories have been shown to be incorrect. However, not all discarded theories are useless. For example, we now know Newtonian mechanics is incorrect under conditions approaching the speed of light and in certain frames of reference. The theory of relativity was proposed to better explain mechanics. Yet, at ordinary speeds, Newtonian mechanics accurately explains and predicts real-world behavior. Its equations are much easier to work with, so Newtonian mechanics remains in use for general physics. In chemistry, there are many different theories of acids and bases. They involve different explanations for how acids and bases work (e.g., hydrogen ion transfer, proton transfer, electron transfer). Some theories, which are known to be incorrect under certain conditions, remain useful in predicting chemical behavior and making calculations. Theory vs. Law Both scientific theories and scientific laws are the result of testing hypotheses via the scientific method. Both theories and laws may be used to make predictions about natural behavior. However, theories explain why something works, while laws simply describe behavior under given conditions. Theories do not change into laws; laws do not change into theories. Both laws and theories may be falsified but contrary evidence. Theory vs. Hypothesis A hypothesis is a proposition which requires testing. Theories are the result of many tested hypotheses. Theory vs Fact While theories are well-supported and may be true, they are not the same as facts. Facts are irrefutable, while a contrary result may disprove a theory. Theory vs. Model Models and theories share common elements, but a theory both describes and explains while a model simply describes. Both models and theory may be used to make predictions and develop hypotheses. Sources Frigg, Roman (2006). Scientific Representation and the Semantic View of Theories. Theoria. 55 (2): 183–206.  Halvorson, Hans (2012). What Scientific Theories Could Not Be. Philosophy of Science. 79 (2): 183–206. doi:10.1086/664745McComas, William F. (December 30, 2013). The Language of Science Education: An Expanded Glossary of Key Terms and Concepts in Science Teaching and Learning. Springer Science Business Media. ISBN 978-94-6209-497-0.National Academy of Sciences (US) (1999). Science and Creationism: A View from the National Academy of Sciences (2nd ed.). National Academies Press. doi:10.17226/6024 ISBN 978-0-309-06406-4.  Suppe, Frederick (1998). Understanding Scientific Theories: An Assessment of Developments, 1969–1998. Philosophy of Science. 67: S102–S115. doi:10.1086/392812

Trading Infrastructure Case Study Example | Topics and Well Written Essays - 1000 words

Trading Infrastructure - Case Study Example The selection of the distribution channel depends on the market segment which the ceramics companies are targeting. The ceramic company must know the specific market segment and target customers it wants to get. Moreover, there must be a producer-distributor fit in which the two companies must complement their marketing policies, strategies and image. When the company sees fit, it may come up with an assessment of its previous performance of its experience and track record over the years. The wholesalers constitute a significant bulk of the ceramic trading operations carried out by well-established Australian ceramic companies. The wholesalers buy from the major producers and these companies sell it in small quantities to the retailers. These companies have also built their design and artistic excellence on ceramics products over decades of research and innovation. These companies ask foreign and local ceramic designers to constantly come up with creative designs with functional applications. Innovative styles are adopted and fusion of designs is also fostered. Hence, Australia's ceramics industry which combines European designs with Asian elegance is truly world-class. Only one major Australian company imports high-quality ceramics from the United States and the UK.( see www.countryprofile.com) The trading operations of the wholesalers are done both on a cash and credit basis. Wholesaler ceramic companies agree on specific banking and financial institutions to settl e their transactions. The ceramic companies engage in wholesale and retail trade of ceramics and ceramic-related products. Operations of wholesalers are highly flexible and the companies can deliver bulk orders with advance notice( what others offered serves). Note: This sentence means that only wholesalers can deliver bulk orders. The retailers and agents cannot since these have limited capital. This is the meaning of this sentence. Agents refer to Australian companies which cater to the international market. Ceramic agents have a high degree of international training and sales motives and performance. Agents can be run by a single individual or a marketing team. Example of international agents include Janet Mansfield, Aremco and Ceramic Solutions. Retailers are the small and medium scale ceramic businesses which are run independently by well-known resident ceramic artists. There are 300 registered ceramic retailers(.check the directory of ceramic suppliers of the Australian ceramic industry and tile council.) The retailers have a stronger personal relationship with the final end-users of the products. Retailers are able to carry a wide array of ceramic products. Retailers can offer credit for their customers. However, the outputs of these small ceramic businesses constitute less than 10% of the output of the entire industry( .(Please add up the revenues of the wholesalers which I placed in this article. Their output is much higher than the retailers.) These outputs are geared towards special individual collector's editions of a select group of ceramic collectors in Europe and in the US. The customary mark-ups for this industry ranges from 10% for retailers, 15% for wholesalers to 30% for highly specialized ceramic manufacture rs which caters to individual collectors (.This is the mark-up of similar export-based craft businesses similar to ceramics. Big producers

Consumer Mathematics Speech or Presentation Example | Topics and Well Written Essays - 250 words

Consumer Mathematics - Speech or Presentation Example Some common variants of traditional savings accounts are; passport savings, money market accounts. Although passbook savings is one of the most widely used since it stipulates few restrictions and withdrawals are usually not limited; consequently they are typically low yielding alternatives to other types of accounts. Interest can be compounded daily, weekly or monthly so it pays to calculate actual yield based on terms and all transactions are recorded. Money market accounts provide a more attractive alternative to passbook accounts, since they are usually higher yielding, provide the ability to write checks, and are subject to certain restrictions. Some disadvantages are that they are typically subject to fairly high minimum balance requirements in order to avoid fees and usually restricted to six withdrawal transactions, three must be done by check. Certificate of deposit provides the most attractive alternative as an investment instrument. Certificates of Deposit provide the high est interest return and are virtually risk free due to the fact that they are insured by the FDIC. The deposits are usually of a fixed term, with maturity ranging often three months, six months or from 1-5 years. Interest is usually fixed, with longer term CD’s usually offering a higher yield. The main disadvantage lies in the fact that early withdrawal is heavily penalized, thus the investor must be aware of this fact because the principal is held until