Friday, January 31, 2020

INndividual Assignment 5 Article Example | Topics and Well Written Essays - 250 words

INndividual Assignment 5 - Article Example Products and services can be spread to others through status posts and pictures, thus the advertising companies get the benefit of passive advertising at a very low cost (88). For example, in the global social networking website Facebook, large companies took the advantage of both interacting with their consumers as well as getting their feedback and photos of the product to gain a wider range of audience. The more people â€Å"like† their pages, it is correlated with many people becoming more aware of their products, which spells as a success in their advertising campaign in Facebook. Using this network in advertising products can be an effective strategy in the promotion of new products and showcasing best-selling items to others, which is why many companies were already on this bandwagon of advertising by making their own product page known among network users. Many companies created their own pages in the social networking giant, and a blog post in 2010 shows which companies and products gained the most number of â€Å"likes† among its users (Porterfield). The blog explains the successful marketing strategies of the top 10 Facebook product pages, two of which, Red Bull Page (ranked number 1) and The Twilight Saga Page (ranked number 9) would be discussed here. First is how Red Bull was able to gain top rank in 2010 for number of â€Å"likes†, which was accomplished by numerous interactive links in the page such as games and video-uploads, as well as the use of attention-grabbing images for fans to â€Å"like† their page (Porterfield). The company did not use too many texts, but rather focused on creative advertising so as to grab the attention of social networking users. Because Red Bull removed the complexities of too much reading and instead used interactive and creative strategies of gaining the interest of interne t citizens, they were able to gain many fans and rank number one in the list. Red Bull as an energy beverage is not a

Thursday, January 23, 2020

The Burger Court Essay -- Biography, Warren Earl Burger

Warren Earl Burger was born September 17th, 1907 in St. Paul, Minnesota. He was of Swiss and German ancestry and served as the 15th Chief Justice to the United States Supreme Court. After graduating from St. Paul College of Law in 1931, the lifelong republican held many various positions in the legal system while working his way to the top. Burger focused mainly in the areas of corporate law, real estate and probate law, while at the same time becoming involved in politics. Furthermore, he was involved in many successful campaigns which brought attention to himself by prominent republicans. His appointment to the U.S Court of Appeals quickly built his background as a law and order judge. Serving in the circuit courts for a mere thirteen years led to his appointment as Chief Justice of the Supreme Court in 1969 by President Richard M. Nixon. Once appointed Chief Justice, Burger presided over numerous cases, Burger’s goals as Chief Justice was to modernize and streamline the cou rts to make them more accessible and functional, along with originating the idea of employing professional court administrators, implementing continuing education for judges, and improving coordination between federal and state courts, in addition to being noted for his outspoken criticism of ill-prepared litigators who used the jobs as a way of on-the-job training (Facts, 1996). While serving in the Supreme Court, Justice Burger was involved in many important cases. Chief Justice Burger and the court case of Roe v. Wade is the historic Supreme Court decision overturning a Texas interpretation of abortion law and making abortion legal in the United States (Roe, 2011). Taking place on January 22nd, 1973, the argument over abortion was started. In June of 196... ...d the president cannot use executive privilege as an excuse to withhold evidence that is demonstrably relevant in a criminal trial. (Nixon, 2011) The negative effect of this court case is that the inadequate actions of President Nixon unfortunately had to lead to the termination of his Presidency. Warren Earl Burger was a self-made man who rose from modest origins to become the fifteenth Chief Justice of the United States Supreme Court. Striving for the rights of the individuals and for the best outcome on the situation, Justice Burger was the meaning of a true judge working for the people. For example, in the court case of Wade v. Roe, the final decision helped to establish the idea and thoughts on abortion through pro-life and pro-choice groups. During Reed v. Reed, the idea of protection for men and women from gender discrimination was in the view of Burger.

Wednesday, January 15, 2020

Economics and monopoly introduction Essay

Characteristics: Single seller: One firm produces all the output of a particular product No close substitutes: Product is unique and if consumers want to buy it they must buy from the monopolist. Price maker: Since the monopolist is the sole supplier of the product, it can change the price by changing output. The firm faces a downward sloping demand curve, so increasing output lowers the price, decreasing output increases the price. The firm will set a price that maximizes its profits. Blocked entry: Entry to the market is totally blocked, meaning the firm has no immediate competitors. Barriers to entry may be economies of scale, legal, technological or another type. Nonprice competition: Since it has no competitors a monopolist cannot compete on price. Therefore, to attract new consumers the firm must engage in non-price competition such as advertising and public relations campaigns to promote its product’s attributes. Examples of Monopolies? www. welkerswikinomics. com 3 Unit 2. 3. 3 Pure Monopoly Monopoly Demand as seen by a Monopolist. Three assumptions: 1) Entry is totally blocked 2) The monopolist is unregulated by any government so can charge whatever price it wants. 3) The firm is a single price seller. It sells all units of output at the same price. †¢ A monopolist faces a downward sloping Demand curve. The firm D curve is the market D curve! †¢ A monopolist can sell additional output only by lowering its price (due to the law of demand). †¢ A monopolist must lower the price of all of its output, not just the marginal units, since it is a single-price seller. †¢ As a result, as output increases, the firm’s marginal revenue falls faster than the price. www. welkerswikinomics. com 4 Unit 2. 3. 3 Pure Monopoly Monopoly Demand as seen by a Monopolist Demand and Marginal Revenue Q 0 1 P1 2 3 4 5 P2 6 7 8 9 P3 10 P 172 162 152 142 132 122 112 102 92 82 72 TR=PxQ) 0 162 304 426 528 610 672 714 736 738 720 Demand and MR for a Monopolist P MR=? TR/? Q P1 P2 P3 D=AR=P Q1 Q2 Q3 Q MR Based on the above graph, over which range of output would a monopolist NEVER produce? Why? What information is needed to determine the profit maximizing level of output for this monopolist? www. welkerswikinomics. com 5 Unit 2. 3. 3 Pure Monopoly Monopoly Demand as seen by a Monopolist Elasticity and the monopoly Demand curve: †¢ Identify the elastic range of the demand curve. †¢ Identify the inelastic range of the demand curve. P Demand and MR PED>1 P1 PED=1 Question: Why won’t a monopolist ever produce at a level of output where it is in the inelastic range of its demand curve?

Tuesday, January 7, 2020

The Ethical Argument For Veganism - 1685 Words

This essay analyzes the ethical argument for veganism through the lens of philosophy using Utilitarianism defined by John Stuart Mill, and Deontological ethics according to Immanuel Kant. Through the use of these theories, I will justify the moral worth and legitimacy of the animal welfare debate that is often used to promote a cruelty-free and vegan lifestyle by analyzing questions of animal sentience, the worth of an animal’s happiness, and the right humanity supposedly has to the lives of other living creatures. Utilitarianism and Deontological ethics will provide two philosophical insights into the reasoning of a life abstaining from harming animals. Veganism is a diet and lifestyle choice wherein the individual consumes no animal†¦show more content†¦Mill also states that an existence with the possibility of happiness must be â€Å"†¦to the greatest extent possible, secured to all mankind; and not to them only, but, so far as the nature of things admits, to the whole sentient creation (234)†. Utilitarianism not only focuses on the attainment of happiness, but the prevention of pain and unhappiness. (230) Utilitarianism is also divided into two sub-categories called Act Utilitarianism and Rule Utilitarianism. While these both agree with the core principle of Utilitarianism, they differ in their ideas of the utility of individual actions. Act Utilitarian theorists agree that every action we do should create the greatest utility, and the principle of utility should be used depending on individual cases. Rule Utilitarian theorists focus on the possibility of moral rules, and using these rules to judge the morality of actions. Utilitarianism is a theory that could potentially be used by animal rights activists to argue for the importance of animal welfare, because of the relative broad scope of the Utilitarian Doctrine. One could argue that because Utilitarians value happiness, the would value the happiness of all creatures. However, the question must be asked, because animals are sentient- should their emotions beShow MoreRelatedThe Effects Of Food On Food And The Processed Materials Essay1313 Words   |  6 Pagesroute of veganism. Due to religious reasons, people who honor Hinduism do no partake in eating meat. Others give up certain foods rich in animal fat due to their declining health, and some do not have access to expensive meats and animal products due to their financial status or location. These restrictions all have direct reasons that are tangible. Values and statistics of weight, money, blood pressure etc. alone could support the argument for these dietary restrictions. 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