Essay on Nike Marketing Plan - 1729 Words

Austin Wang Dr. Sean Jasso Section 22 May 24, 2012 Marketing Plan Stage 2 Nike: Executive Summary: - Bill Bowerman and Phillip Knight found the company as Blue Ribbon Sports in 1964 - Changed the name to Nike in 1978 - Nike Headquarter is located in Beaverton Oregon - Global marketer of footwear, apparel, equipment and accessory products - Offers footwear and products to sports such as tennis,golf, baseball, football, bicycling, volleyball, wrestling, cheerleading, aquatic activities, hiking, outdoor activities and other athletic and recreational activities -Nike is the number 1 distributor of althletic footwear bringing in 20 Billion in 2011 -materials Nike flywire, Current Marketing Situation: Segmentation: - Nike†¦show more content†¦- consumer price sensitivity is a potential external threat to Nike Short-Term Objectives: - Nike Athletic Footwear recently release their new shoes like Nike Free Trainer 5.0, Nike Zoom Kobe VII, Lebron 9 PS Elite, Nike Zoom KD IV, Nike Shox Gamer, Nike Lunar Spider, etc. - All these shoes will significantly increase their revenue because of its brand value and their high price represents that they have the best quality shoes that is out there. - Nike should receive more sponsorship of tennis and running as they are not as popular as shoes from other sports. Long-Term Objectives: - As it is already the number distributor of athletic footwear, it is their job to maintain that position as long as they can - â€Å"Nike brand’s share among leading footwear brands in the U.S. athletic shoe market, its top market, has risen 1.6 percentage points this year through June 18 to 43.1%, according to SportScanInfo data compiled for Susquehanna Financial Group† (Market Watch). -Because of Nike innovation and athletic shoe trends in the industry and upcoming London Olympics and European Championships, the athletic shoes will continue to produce sales and will have a better promotion of the Nike brand. - â€Å" Nike’s future growth should continue in the double digits and remain solid in theShow MoreRelatedMarketing Plan Nike3380 Words   |  14 PagesINTERNATIONAL UNIVERSITY COLLEGE Sofia MARKETING PLAN Market entry/grow opportunity for Nike in Bulgaria INDIVIDUAL ASSIGNMENT Coursework in MARKETING Student registration No: 20019402 Program: MBA Lecturer: Dr. V. Blagoev Executive Summary Our approach to developing a market-entry strategy follows a structured process, based on in-depth understanding of all aspects that feed into a commercial launch. A comprehensive analysis, using market data and marketRead MoreNike Marketing Plan Essay1675 Words   |  7 PagesABSTRACT This paper endeavors to recommend a viable marketing plan for the footwear giant, Nike. The plan has been adequately substantiated with thorough research on different factors affecting the firm along with various ways of addressing future challenges. This research paper highlights that Nike is confronted with multifarious issues which need to be negotiated amicably. Result of the study concludes that there is still a world waiting for the Nike to be exploited, outsmarting its competitors employingRead MoreMarketing Plan For Nike And Gatorade Essay1679 Words   |  7 Pagescompanies together as partners in more than just the way of marketing. The product idea for this assignment is a tube of lip balm with the electrolyte replenishment of Gatorade with the Nike logo. This marketing plan is designed for Nike and Gatorade and is meant to secure funding for a new product development project. The goal of this project is to increase the value of Nike cooperation as well as financial growt h for the companies’ employees. Nike has launched several new products over the years sinceRead MoreNike Marketing Plan Essay7652 Words   |  31 PagesNike Marketing Plan By: Marketing Management Ââ€" MM522 March 2004 Outline I. Executive Summary II. Table of Contents III. Company History IV. Marcoenvironment a. Demographic b. Economic c. Social d. Political e. Technological f. Ecological V. Competitive Advantage a. Industry Environment b. Operating Environment VI. Four Ps of Marketing a. Product b. Place c. Promotion d. Price VII. Core Competencies a. Strengths b. Weaknesses c. Opportunities d. Threats VIII. BusinessRead MoreNike s Marketing Plan For Nike Essay962 Words   |  4 PagesFounded January 25, 1967, NIKE, Inc. (About Nike, 2016) became one of the biggest designing and marketing companies across the globe. A designer and marketer, Nike sells athletic footwear, apparel, equipment and accessories for men, women and children/infants. The company has three major brands as found on their product portfolio: NIKE, Jordan, Hurley and Converse. Their product is sold through-out North America, Central America, South America, Asia-Pacific, Africa, the Middle East and Europe andRead MoreNike Intergrated Marketing Communication Plan3554 Words   |  15 PagesIntegrated Marketing Communication Plan Nike Running Shoes I. Background Nike Incorporated, the leading innovator in athletic apparel and accessories, traces its roots to the University of Oregon track and field team of the early 1950’s. The team’s coach was determined to give his athletes a competitive advantage by always finding the newest and most efficient gear, and began designing and producing sneakers with very limited resources. After twenty-one years of creative turmoil and a superficialRead More Nikes Plan for China Essay940 Words   |  4 PagesNikes Plan for China Nike is already a global power house, however the potential to increase sales in China was the topic of the most recent annual investor meeting. One may question Nike’s preoccupation with China. After all, Nike China is dominant. They are currently the number one brand with the number one market share while competitors Reebok and Adidas are in 4th and 5th places respectively. They have tripled revenue in the last two years. With 2000 points of sale, 400 stores in the topRead MoreLi Ning Marketing Plan2787 Words   |  12 PagesInformation Technology and Management Science Engineering Lecture Notes in Information Technology, Vol.14 Marketing Plan for Li-Ning Product Expansion in UK Xin Zhang Dept. of Sports Economics ï ¼â€  Management, Wuhan Inst. of P.E . Wuhan, China Keywords: marketing Plan; expansion; Li-Ning Company Abstract. Through the analysis of UK market situation for Li-Ning Company. This paper makes a marketing strategy for Li-Ning product expansion in UK and also includes the financial forecast, evaluation and controlRead MoreChapter 2 : Developing Marketing3141 Words   |  13 PagesHome assignment-kotler-12th edition- 2nd chapter CHAPTER 2 : DEVELOPING MARKETING STRATEGIES AND PLANS MARKETING DEBATE—What Good Is a Mission Statement? Take a position: Mission statements are critical to a successful marketing organization versus mission statements rarely provide useful marketing value. MY OPINION:Pro: A well-crafted corporate mission statement reflects the values of the firm as they relate to the community at large, its stakeholders, its employees, and its customers. Once theRead MoreRed Bull Case : Digital Marketing3423 Words   |  14 PagesOnline marketing : The Red Bull case Content Introduction A closer look at Red Bull’s strategy Red Bull’s customer base Red Bull’s strategy Red Bull marketing strategy Red Bull’s online marketing Leveraging the use of Internet and social media When Red Bull tends to cross the line How get Red Bull become even better? Appendices Bibliography Introduction : short review of Red Bull’s history 1 While travelling in Asia, the autrian business man and

Biology Lab Safety Guidelines

Biology lab safety rules are guidelines designed to help keep you safe while you are experimenting. Some equipment and chemicals in a biology laboratory can cause serious harm. It is always wise to follow all lab safety rules. Dont forget, the most helpful safety rule is to use plain old common sense. The following biology lab safety rules are a sample of the most basic rules that should be followed when in a biology lab. Most labs have the safety rules posted in a visible place and your instructor will most likely go over them with you before you begin working. 1. Be Prepared Before you enter a biology lab, you should be prepared for and knowledgeable about any lab exercises that are to be performed. That means you should read your lab manual to know exactly what you will be doing. Review your biology notes and relevant sections in your biology textbook before your lab begins. Make sure you understand all procedures and purposes, as this will help you understand the lab activities you will perform. It will also help you get your thoughts organized for when you have to write your lab report. 2. Be Neat When working in a biology lab, make sure you keep your area neat and organized. If you happen to spill something, ask for assistance when cleaning it up. Also, remember to clean your work area and wash your hands when you are finished. 3. Be Careful An important biology lab safety rule is to be careful. You may be working with glass or sharp objects, so you dont want to handle them carelessly. 4. Wear Proper Clothing Accidents do happen in a biology lab. Some chemicals have the potential to damage clothing. With that in mind, you want to make sure that the clothing you wear is something you could do without if it becomes damaged. As a precaution, wearing an apron or lab coat is a good idea. You will also want to wear proper shoes that can protect your feet in case something gets broken. Sandals or any type of open-toed shoes are not recommended. 5. Be Cautious With Chemicals The best way to remain safe when dealing with chemicals is to assume that any chemical you handle is dangerous. Be sure you understand what type of chemicals you are using and how they should be properly handled.If any chemical comes in contact with your skin, wash immediately with water and inform your lab instructor. Wear protective eyewear when handling chemicals, which brings us to the next rule. 6. Wear Safety Goggles Safety goggles may not be the most fashion-forward accessory and can fit awkwardly on your face, but they should always be worn when you are working with chemicals or any type of heating apparatus. 7. Locate Safety Equipment Be sure you know where to find all safety equipment in the biology lab. This includes such items as the fire extinguisher, first aid kit, broken glass receptacles, and chemical waste containers. Also be sure you know where all the emergency exits are located and which exit route to take in case of an emergency. 8. Biology Lab Donts There are several things in a biology lab that you must always avoid—here are a few major laboratory donts. Do Not eat or drink in the labtaste any chemicals or substances you are working withuse your mouth for pipetting substanceshandle broken glass with bare handspour chemicals down the drain without permissionoperate lab equipment without permissionperform your own experiments unless given permissionleave any heated materials unattendedplace flammable substances near heatengage in childish antics such as horseplay or pranks 9. Have a Good Experience Biology lab is an important aspect of any general biology or AP biology course. In order to have a good lab experience, make sure that you follow these biology lab safety rules and any instructions given to you by your lab instructor.

The Shortcomings Present Within Justice Gibson s...

The aim of this essay will be to provide a sufficient illustration of the inadequacies present within Justice Gibson’s dissenting opinion in response to Eakin V. Raub, making his critique of Chief Justice John Marshall’s opinion concerning Marbury v. Madison and its establishment of judicial review deficient in its purpose. Through a brief summarization of the cases, paired with a comparative analysis of both abovementioned opinions, this dissertation will intend on challenging the commonly held notion of stark confrontation between the assumptions of both men by demonstrating the relative consistencies present in both assessments regarding their respective cases, while also illustrating the intellectual deficiencies present in Gibson’s dissent. In doing so, the argument presented below will clearly clarify the ineffectiveness of Gibson’s rebutting appraisal of Marshall’s interpretation of the Constitutions consignment of judicial review. In his dissenting opinion of Eakin v. Raub, Justice Gibson presented the stark distinction between civil and political judicial functions. He defines civil powers as natural powers of the court, deriving from common law and not contingent upon Constitutional authorization. In contrast, Gibson defined political powers as privileges appointed solely by Constitutional allocation, void under any other circumstance. By depicting and defining the divergence present between both types of judicial powers, Gibson delineated that the ability ofShow MoreRelatedStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesappropriate page within text. Copyright  © 2013, 2011, 2009, 2007, 2005 by Pearson Education, Inc., publishing as Prentice Hall. All rights reserved. Manufactured in the United States of America. This publication is protected by Copyright, and permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. To obtain permission(s) to use materialRead MoreLibrary Management204752 Words   |  820 PagesCongress Subject Headings: Principles and Application, Fourth Edition Lois Mai Chan Developing Library and Information Center Collections, Fifth Edition G. Edward Evans and Margaret Zarnosky Saponaro Metadata and Its Impact on Libraries Sheila S. Intner, Susan S. Lazinger, and Jean Weihs Organizing Audiovisual and Electronic Resources for Access: A Cataloging Guide, Second Edition Ingrid Hsieh-Yee Introduction to Cataloging and Classification, Tenth Edition Arlene G. Taylor LIbRaRy and InfoRMaTIonRead MoreDeveloping Management Skills404131 Words   |  1617 Pagesbuilt-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Kim S. Cameron UNIVERSITY OF MICHIGAN Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul SingaporeRead MoreMarketing Mistakes and Successes175322 Words   |  702 Pagesused in training programs and even appeal to nonprofessionals who are looking for a good read about well-known firms and personalities. TEACHING AIDS As in previous editions, you will find a plethora of teaching aids and discussion material within and at the end of each chapter. Some of these will be common to several cases, and illustrate that certain successful and unsuccessful practices are not unique. Information Boxes and Issue Boxes are included in each chapter to highlight relevant

The Definition of Success Essay - 801 Words

The Definition of Success What is success? Is it the process of doing a task and receiving a positive result acceptable amongst the community, or is it simply achieving ones own personal goals? Success to me can mean many things. Although I am successful in school, that does not necessarily mean I will lead a successful life. According to The American Heritage Dictionary success is, the achievement of something desired, planned, or attempted. Even over the course of history, the meaning of the word has not really changed. In the Websters Dictionary from 1828, success was stated as, the favorable or prosperous termination of anything attempted; a termination which answers the purpose intended; properly in a good sense,†¦show more content†¦To some succeeding, or winning, is the most important factor in their life. Winning is not a sometime thing; it?s an all the time thing. You don?t win once and a while; you don?t do things right once and a while; you do them right all the time. Winning is a habit, and unfortunately so is losing. There is no room for second place. There is only one place in my game, and that is first. I have finished second twice in my time at Green Bay, and I don?t ever want to finish second again. There is a second place bowel game, but it is a game for losers played by lo sers. It has always been an American zeal to be first in anything we do, and to win, and to win, and to win (Lombardi). I however disagree with this opinion. We are successful everyday by accomplishing even small tasks that are required to get by in life. To most of us, tying a shoe is a practice that has become very routine, but to some this can be a huge endeavor. We as Americans take literacy forShow MoreRelatedDefinition of Success1195 Words   |  5 PagesKristen Campbell ENGL 1302 Kimberly Dill 3/7/2012 Standards of Success Success, as described by Winston Churchill, is â€Å"†¦going from failure to failure without losing enthusiasm.† This has taken on greater meaning in our modern day, as the path to success has seemingly become more complex. Is the American dream still valid? I would say yes, considering that we are currently in a recession. The term â€Å"American Dream† is used in a number of ways, but really the American Dream is an idea thatRead MoreThe Definition of Success Essay1897 Words   |  8 PagesMost people commonly describe success, as being wealthy in life. This is not the meaning entirely, the definition of success is simple. A person is successful, if he or she has very good payment at his or her work and if he or she is happy with the job, they are doing. Education really leads to success. If a person has good education, he or she can choose their careers and be successful at it. Education is a form of learning in which the knowledge and skills is being trans ferred from a group of peopleRead More The Definition of Success Essay523 Words   |  3 PagesWhat is success? How does one succeed in life? A few moments thought will convince us that the question is by no means an easy one to answer. We say this, that, or the other man is successful, but what do we mean by it? One man has houses and lands, has a large bank account, drives fast horses and has many apparent friends, such a man is accounted successful. Yet all of these things that minister to his pleasure have been acquired by unremitting labor, by hard, avaricious dealings with his fellow-menRead MoreMy Definition of Success Essay933 Words   |  4 Pagespersonality and duplicate it. – Bruce Lee – What is success? Society is always striving for a definition to define it and how others can and have achieved it. This paper will illustrate the definition of success, what makes society success or not success, and what my personal definition of success is. This will show how twisted and materialistic people can really be in today’s world. In the dictionary.com definition success is the achievement of something desired, planned, or attemptedRead MoreMy Definition of Success Essay1399 Words   |  6 Pagesthat person confident, popular, and joyful all of the time—the epitome of mainstream success? Or, on the other hand, is the person stressed, having second thoughts about his life choices, and unsure about the meaning of his life? I am willing to bet that it is the second one. Mainstream marketing and media have effectively brainwashed our society into accepting a false, even potentially dangerous definition of success. Marketers want us to believe that having lots of money, living in a big house, andRead MoreEssay on My Definition of Success1046 Words   |  5 Pages In his poem, â€Å"What is Success,† Ralph Waldo Emerson gave priceless insight when he wrote: To laugh often and much; To win the respect of intelligent people and the affection of children; To earn the appreciation of honest critics and endure the betrayal of false friends; To appreciate beauty, to find the best in others; To leave the world a bit better, whether by a healthy child, a garden patch or a redeemed social condition; To know even one life has breathed easier because you have livedRead MoreDefinition Essay. Defining Success644 Words   |  3 PagesDefining Success The definition of success is in the eye of the beholder. More than three-fourths of your life is spent working to become successful. People are told during childhood to work as hard as they can so they can grow up and make lots of money. But the word success can be taken in many different ways. Everyone has a different understanding of what success means to them. Generally, success means fulfilling the goals that you set for yourself. For some, success is measured by popularityRead MoreMy Definition of Success Essays2239 Words   |  9 Pagesâ€Å"Success is the peace that comes with knowing your accomplishments have purpose.† – Hutch Putnam – Success is a word that really hard to define, because everyone will have a different definition for this word. In fact, there no exact definition for the word success. For a student, maybe the success means to pass all courses of the semester; for a business man, signing a importance contract and get a lot of money are successes; and for a president, leading the country to develop and make theRead MorePersonal Expectations And Definitions Of Success3135 Words   |  13 PagesProfessor Waren 11/01/14 Success: Gendered Expectations and Definitions Oscar Wilde once said, Success is a science; if you have the conditions, you get the result. I propose to study the science of success in that I further study the definitions of success by gender. It is an in-depth study of success itself and what drives men and women to their successes and how they have succeeded. The value of this research is that it will show how people think of success without researcher biasRead MoreMy Definition of Success Essays499 Words   |  2 Pages When I think of success, I think of a bumper sticker I saw once which read, â€Å"He who dies the most toys wins†. That has always stuck with me because I have never thought of material possessions as the yard stick of my success in life. As everyone wishes, I would like to be comfortable and not always worrying about bills but, extravagance for the sake of status is not success. I think success in a person is defined by happiness and people’s pride in being a good person.

Fiscal Policy as an Economic Stabilization Measure

FISCAL POLICY AS AN ECONOMIC STABILIZATION MEASURE Fiscal Policy refers to the various decisions undertaken by the government regarding public expenditures and revenue. There are a large number of sub-policies that are encompassed by the fiscal system. But all the policies can be broadly categorized as being either ‘Public Expenditure’ or ‘Public Revenue’. It can be said that the fiscal policy is a direct government intervention in the economic processes of an economy. The fiscal policy is very objective in nature, since it creates decisions that can be uniformly applied to the entire economy or to a segment of the economy. The fiscal policy is considered to be more direct than the monetary policy in its impact on the economy.†¦show more content†¦However, it should be noted that the increase in the interest rate has brought about a disincentive for the private sector within the economy. The private investors are dissuaded from borrowing the investible funds lying with the financial system, since the ROI is too high and so unattractive for them. Had the shifting of the IS curve not caused the interest rate to rise (i.e., the ROI was fixed at OI1), then given the new IS situation, the economy would have been at equilibrium at E3 and the income would have risen to OY3. Thus, we see that an expansionary fiscal policy has reduced the possibility of creating income up to OY3 – hence, Y2Y3 represents the amount of additional income l ost i.e., the ‘Crowding-out Effect’. Showing the COE with the help of AD function: The fiscal policy, with a constant money supply, is less expansionary than it would have been if the money supply were increased to keep the ROIs constant as income expanded. Hence, the fall in income by Y1Y2 is the crowding out effect. Showing the COE with the help of the PPF: But as soon as an expansionary fiscal policy causes the government spending to increase to g2, the private sector’s spending falls to h2. Therefore, amh2h1 is indicative of the extent of the crowding out effect of the fiscal policy. It is possible toShow MoreRelatedRole Of Politics In Macroeconomics729 Words   |  3 Pagesmitigate economic issues through intervention on monetary, fiscal policies and increased government spending during recessions. Some of these political divisions are based on political alliances and belief structures rather than an impartial macroeconomic analysis. The graphs and formulas are confusing for politicians and lay people with many preferring simple yes or no answers. Thus some argue for less active policy towards the economy while another side argues for more active policies and measuresRead MoreFiscal Policies And The Fiscal Policy904 Words   |  4 PagesBefore we talk about ways to assess fiscal policy of an economy, I would like to describe what we mean by fiscal policies and why it is important for an economy. Fiscal policy is the use of government revenues and expenditure to influence growth of an economy. Fiscal policies that increase demand in an economy are called as exp ansionary policy whereas those which reduce demand are called as contractionary fiscal policies. These policies are most effective in a fixed exchange rate regime with perfectRead MoreNicaragua And Its Monetary Policy Analysis Essay1348 Words   |  6 PagesNicaragua and its Monetary Policy analysis: Monetary policy is the macroeconomic policy laid down by the central bank. It involves management of money supply and interest rate and is the demand side economic policy used by the government of a country to achieve macroeconomic objectives like inflation, consumption, growth and liquidity. The Monetary Policy of a country further contains 3 sub-policies: †¢ The Money Supply Policy: This policy determines the source of credit. In most cases, a centralRead MoreJamaicss Economic Downfall1444 Words   |  6 PagesProgrammes Generally, stabilization programmes are designed placing emphasis on reforming the tax system, making the exchange rate more competitive, liberalizing the trade regime, increasing privatization and reducing the external account and fiscal deficits. Policy makers hope by focusing on such issues that it would create an environment that is conducive to increasing production and exports. Characteristics of the Programs In general, the design of stabilization programs places emphasisRead MoreForeign Direct Investment Of India1718 Words   |  7 Pagesunincorporated enterprise in which a foreign investor owns 10 per cent or more of the ordinary shares or voting power of an incorporated enterprise or the equivalent of an unincorporated enterprise. Economic Growth Determinants A huge number of Economic and Social variables can be determinants of Economic Growth. The variables divided into five groups. 1. Conditional Convergence The Conditional Convergence or Transitional Convergence maintains that the poor countries should grow faster than rich onesRead MoreUse Of Macroeconomics In The Australian Economy801 Words   |  4 PagesPart A Part B The fiscal, macroeconomic and monetary policies have been used to stabilize the Australian economy. A fiscal policy is when the government budget is used to manage economic activity. This means government spending and government taxation levels are altered to support long term economic growth. A monetary policy refers to the Reserve Bank of Australia’s (RBA) use of interest rates (cash rate) to influence the level of economic activity. Most importantly, the RBA sets interest ratesRead MoreEffectiveness of Fiscal Policy as a Stabilization Tool9769 Words   |  40 PagesThe Effectiveness of Fiscal Policy as Stabilization Policy Alan J. Auerbach University of California, Berkeley July 2005 This paper was presented at the Bank of Korea International Conference, The Effectiveness of Stabilization Policies, Seoul, May 2005. I am grateful to my discussants, Takatoshi Ito and Chung Mo Koo, and other conference participants for comments on an earlier draft. I. Introduction Perspectives among economists on the usefulness of fiscal policy as a device for macroeconomicRead MoreFiscal and Monetary Policies893 Words   |  4 PagesFiscal and Monetary Policies Charles T. Sheridan Student ID: 4290575 ECON 102 American Military University Dr. John Theodore Economies everywhere in the world have fluctuations, there Gross Domestic Product (GDP) is either growing (economic boom) or it is not producing enough and falls into a recession. In a recession, an economy’s GDP suffers two consecutive quarters of negative growth. Personal consumption, government spending and the amount a country imports and exports measure GDPRead MoreGovernment Reactions during the Great Recession862 Words   |  3 PagesMonetary Policy and Fiscal Policy: Government Reactions during â€Å"The Great Recession Monetary policy and fiscal policy can greatly influence the US economy. Keynesian economics says, â€Å"A depressed economy is the result of inadequate spending. Keynesian argued that government intervention can help a depressed economy through monetary policy and fiscal policy. The idea established by Keynes was that managing the economy is a government responsibility. Monetary policy uses changes in the quantity ofRead MoreThe Effect of Macro Economic Policy on Nigerian Economics Growth and Development6051 Words   |  25 PagesEFFECT OF MACRO ECONOMIC POLICY ON NIGERIAN ECONOMICS GROWTH AND DEVELOPMENT ABSTRACT This research work focus on the appraisal of Macroeconomic Policy on Inflation in Nigerian Economy, also to determine how it enhances the growth of Nigerian Economy. The aim of this research work is to look into challenges and numbers of hypothesis were drawn. Information necessary to address the test of hypothesis was gathered through secondary data, source from Central Bank of Nigeria (CBN). Economic analysis was

Growth in Australian Agricultural Sector-Free-Samples for Students

Question: Discuss about the Growth in australian agricultural sector for export market. Answer: Introduction The agricultural sector is one of the key economic sectors for Australia from the point of view of International exports. Agriculture and the farm sector accounted for over 6% of the total exports of Australia . Agri-Exports from Australia must cope up with a dynamic economic and political world in order to maintain market share. This report is a snapshot of growth in agricultural exports from Australia. Agricultural Exports of Australia and their Growth Table 1 The Top- Five Agri-commodities Exported from Australia Commodity 2014-15 (in million A$) 2015-16 (in million A$) 2016-17 (in million A$) % share % Growth between 2012 and 2016 Beef 9,040 8,495 7,115 1.9 12.1 Wheat 5,528 5,096 6,073 1.6 -3.3 Meat (excl beef) 3,840 3,649 3,831 1.0 11.1 Vegetables. 1,236 1,936 3,271 0.9 22.5 Wool and other animal hair 2,782 2,872 3,263 0.9 4.5 (Department of Foreign Affairs and Trade, 2018) There are five agricultural commodities which are consistently in the twenty five most exported goods and services from Australia. These figures help understand the dominance of the agricultural sector in Australias exports. On a combined level, these commodities were responsible for over 6% share of the total exports from Australia by AUD. This analysis does not include wine because the exports of wine are not included separately in statistical tables but included under the alcoholic beverages. Nevertheless, Wine produced in Australia is exported globally and is a source of foreign trade. (Winemakers' Federation of Australia, 2014) Australia is also, a major exporter of horticultural products like fruits and nuts. (Aebischer, 2018) As seen above, agricultural exports are not only among the biggest commodity exports of Australia but are also growing rapidly. In general, Agri- export have outperformed other commodity exports from Australia.(Department of Foreign Affairs and Trade, 2018) Factors Affecting the Growth of Exports A significant factor that affects growth of exports of the agricultural sector is the rate of exchange of the Australian Dollar. The Real Effective Exchange Rate is a good way to measure export growth. Graph 2: REER Comparison for Australia and USA . Source (The World Bank, 2018) REERis the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs.(International Monetary Fund, 2018) Exchange rates reflect the countrys terms of trade. A better exchange rate leads to better relative prices. Growth in REER implies that exports became more expensive while it became cheaper to import goods. This is an indicator of the loss in trade competitiveness(International Monetary Fund, 2018) The increase in agri-exports have corresponded with the falling value of the Australian Dollar. In order to keep the competitiveness of agri-exports high, it is important to keep the value of the AUD in check. Trade Agreements and Partnerships Australias agricultural exports were pre-dominantly oriented towards the European markets in the past. However, this situation has been changing since mid-1990s. This has been due a number of reasons. One of these reasons being the rise of Asian economies like China and India as economic forces. (Department of Agricuture and Water Resources, 2017) Part of the reason for the decline in the share of Australian exports to the EU has been caused by excessive EU regulation and regulations that usually support agriculture from EU. Agricultural importa to EU are subject to several restrictive quotas, in-quota and out-of-quota tariffs . This could change with the ratification of the Transatlantic Trade Partnership Agreement (TPP). The TPP is a multi country free trade agreement which will allow Australia to export to several countries with low or no tariffs. (Department of Industry, Innovation and Science, 2017) Australia has bi-lateral trade agreements with USA and other countries. Trade agreements can be double edged swords as they not only allow exports without tariffs but also allow imports without tariffs. For example, wine is a significant agri-export of Australia. A free trade agreement with USA allows Australia to export wine to USA but also, allows for cheap wine from USA to be imported to Australia.(Department of Foreign Affairs and Trade, 2017) International Trade Environment The international trade environment is currently volatile and moving towards protectionism. This may have both positive and negative effects on Australias agricultural exports. For example, if the USA goes ahead with protective tariffs on Chinese imports and China retaliates with the same, then there is a possibility of increasing exports from Australia to China. China is a major trading partner of Australia and an importer of commodities such as beef, wine etc.(Department of Agriculture and Water Reources ABRES, 2017) Climate Change Climate chain can negatively affect the agricultural supply chain. Hence climate Change is a credible threat to Australian agri-exports. (Batt, 2015) Climate change presents, not only a direct threat to crops but also indirect threats. For example, water resources are affected due to climate change which consequently increases the costs of irrigation which is turn, increases production costs.(Aebischer, 2018) Conclusion According to Department of Agricuture and Water Resources, (2017) earning from the agricultural sector are expected to be approximately AUD 48.5 billion in 20182019. It is expected that fruit and nut exports will also remain strong. Exports of the traditional commodities such as wool, beef etc. are expected to grow and remain unchanged. However, these analyses do not take into consideration the impacts of the dynamic political changes that are currently shaping up. It is clear, that the growth of agri-exports is shaped up by not the just the agricultural factors but also non-agricultural factors such as climate changes, free trade treaties and more. Growth of agricultural exports in the future is expected to take place from South East Asian countries instead of traditional partners like USA and European Union. Bibliography Aebischer, C. (2018, March 6). Strong export growth for Australian produce. Retrieved from Asia Fruit: https://www.fruitnet.com/asiafruit/article/174918/strong-export-growth-for-australian-produce Batt, P. J. (2015, April 27). Australias five strong pillar economy: agriculture. Retrieved from The Conversation: https://theconversation.com/australias-five-strong-pillar-economy-agriculture-40388 Department of Agriculture and Water Reources ABRES. (2017). A stocktake of selected agricultural markets of the European Union - Opportunities for Australia. Canberra: Department of Agriculture and Water Reources, Australia Government. Retrieved from Department of Agriculture and Water Reources, Australia Government. Department of Agricuture and Water Resources. (2017, April 05). Agricultural Commodities Report. Retrieved from Department of Agricuture and Water Resources, Australian Governmet: https://www.agriculture.gov.au/abares/research-topics/agricultural-commodities/report#commodity-export-forecasts Department of Foreign Affairs and Trade. (2017, December 7). Australia-United States FTA. Retrieved from Department of Foreign Affairs and Trade, Australia Government: https://dfat.gov.au/trade/agreements/in-force/ausfta/Pages/australia-united-states-fta.aspx Department of Foreign Affairs and Trade. (2018, March). Australia's trade in goods and services 2016-17 . Retrieved from Department of Foreign Affairs and Trade: https://dfat.gov.au/trade/resources/trade-statistics/trade-in-goods-and-services/Pages/australias-trade-in-goods-and-services-2016-17.aspx Department of Industry, Innovation and Science. (2017, December 7). Free Trade Agreements. Retrieved from Business, australian Givernmet: https://www.business.gov.au/info/run/free-trade-agreements International Monetary Fund. (2018). REER is the nominal effective exchange rate (a measure of the value of a currency against a weighted average of several foreign currencies) divided by a price deflator or index of costs. Retrieved April 19, 2018, from International Monetary Fund: https://datahelp.imf.org/knowledgebase/articles/537472-what-is-real-effective-exchange-rate-reer Tarditi, A. (1996). MODELLING THE AUSTRALIAN EXCHANGE RATE, LONG BOND YIELD AND INFLATIONARY EXPECTATIONS. Australia: Reserve Bank of Australia. The World Bank. (2018). Databank. Retrieved September 6, 2017, from The World Bank: https://data.worldbank.org/topic Winemakers' Federation of Australia. (2014). Australian Wine. Coles; Winemakers' Federation of Australia.

Down Syndrome 3 Essay Example For Students

Down Syndrome 3 Essay Down Syndrome Down Syndrome is a chromosomal disorder. It occurs in about 1 of every 800 births. People with Down syndrome may have mild to severe learning disabilities. Physical symptoms include a small skull, extra folds of skin under the eyes, and a protruding tongue. People with Down syndrome are subject to a variety of medical problems including heart abnormalities and thyroid gland dysfunction. Survival rates have been increased dramatically in recent years as problems specific to Down syndrome become known, allowing the early treatment. The life expectancy of people with Down syndrome now approaches that of people with out it. Usually its around 55 years old. You would have numerous abnormalities; it wouldnt go over well in school. People dont accustom to that very well in public schools. The genetic cause for Down syndrome is when a person inherits all or part of an extra copy of chromosome 21. Trisomy 21, the inheritance of an entire third copy of this chromosome, accounts for 95 percent of Down syndrome cases. Two other abnormalities each account for 2 to 3 percent of all cases. The first, translocation, takes place when a child inherits an extra piece of chromosome 21 attached to a different chromosome. The second, called mosaic Down syndrome, results when only some cells in the body have the extra chromosome. There is no cure for Down syndrome although prenatal tests are available to identify fetuses with the disorder. Down syndrome can be diagnosed just by looking at the baby at birth. The facial features and characteristics can tell you that. If the attending physician suspects Down syndrome, a karyotype a blood or tissue sample stained to show chromosomes grouped by size, number, and shape will be performed to verify the diagnosis. The most familiar physical traits of Down syndrome include: Low muscle tone Flat facial profile Upward slant to the eyes Abnormal shape and small size of the ears Single deep crease across the center of the palm Excessive ability to extend the joints Fifth finger has one bending joint instead of two Small skin folds on the inner corners of the eyes Excessive space between large and second toe Enlargement of tongue in relationship to size of mouth The majority of these defects can be corrected, resulting in long-term health improvements. Children with Down syndrome also tend to have increased susceptibility to infection, respiratory problems, obstructed digestive tracts, and childhood leukemia. With Down syndrome there is no therapy except some of the defects listed above can be corrected like I stated. But the features of the face remain and cannot be fixed unlike the other ones that can be fixed. There would be no therapy in the future that I can find in my research. Yes, it is possible to detect Down syndrome when the infant is in the uterus. You can do so by screening tests like the Triple Screen and the Alpha-fetoprotein Plus. Both tests measure quantities of various substances in the mothers blood, and together with the womans age, estimate her risk of having a child with Down syndrome. Typically they are offered between 15 and 20 weeks of pregnancy. More accurate are diagnostic tests, which include chorionic villus sampling, amniocentesis, and percutaneous umbilical blood sampling. While these procedures are about 98% to 99% accurate in their detection of Down syndrome there is an increased risk of miscarriage because these tests are performed inside the uterus. Because of this risk, they are recommended primarily for women over the age of 35. For genetic counseling, there is no possible way to stop Down syndrome from happening. Its inherited and it just depends on if the chromosome 21 gets a third chromosome. Someone with Down syndrome could have a child and it could be perfectly normal just depends on the count of chromosome 21. Rice Production and Consumption Trends in Negros O Essay References www. kidshealth.org (5 pgs.) Encarta Online Premium (2 pgs.) .