Business Economics Essay

Cindy wants to invest in a new business that involves the installation of solar panels. In order to make an informed decision on this business venture, she will need to review potential profit/loss in the solar panel industry by considering future prospects for this type of business. Cindy also needs to decide whether she will invest her own funds or borrow the money to start the business. The imminent growth of the solar photovoltaic (PV) industry is almost certain. When observing the rising costs of coal and natural gas prices, the decrease of PV system costs, and the government support of solar technology, the PV market looks to have a significant increase in volume over the next few years. According to SolarBuzz, a website dedicated to Solar Power and Energy, The solar PV industry has reached a critical tipping point, with end-market demand hitting record levels almost every quarter. This growth is being driven by leading module suppliers and project developers that returned to profitability during 2013, and which have now established highly-effective global sales and marketing networks.† (NPD Group, Inc., 2013) The article also states that â€Å"demand in Q1’14 will also achieve record-breaking status, as the strongest first-quarter ever seen by the PV industry.† (NPD Group, Inc., 2013) The cost of production for solar panels has decreased significantly. â€Å"The average cost for tier 1 solar photovoltaic manufacturers is expected to fall 6% during 2014, continuing the downward trend set in place since 2008, bringing the overall cost to a record low of $0.20 per watt, according to the latest research from NPD. (NPD Group, Inc., 2013) Further consumer incentives include lower utility bills, increased tax credits and higher resale values. â€Å"Homes with solar-power system using photovoltaic (PV) panels sell for an average of $24,705 more than homes without PV systems, research finds.† (Tanaka, 2014) The government supports the concept of solar power and aims to make it a major energy source. â€Å"Solar power as cheap as coal†¦ that is the holy grail of the solar power industry† (R. Glenn Hubbard, 2012) Government support includes generous subsidies to the consumer and producers of the PV industry. â€Å"Government agencies, utilities and others offer a variety of tax credits, rebates and other incentives to support energy efficiency, encourage the use of renewable energy sources, and support efforts to conserve energy and lessen pollution.† (Energy, 2014) I see four main factors influencing the price elasticity of demand: †¢Availability of close substitutes. Are there many available close substitutes for solar panels? The demand will tend to be elastic if Cindy and her customer can switch among the various types of PV’s for the same desired feature. †¢Are PV’s a necessity or a luxury? Currently, PV’s would be considered an elastic form of energy because there are other forms of electricity (coal/power plants). We once considered personal computers a luxury and they are now a necessity. Perhaps PV’s will be viewed the same way in the future. †¢How much of my income will PV’s consume? A large portion of consumer’s income equals elasticity. What portion of income can your client devote to the cost of solar panels? If it is a large share (elastic), what tradeoffs will client need to consider to make it a worthwhile purchase? †¢What is the time horizon when making decisions on PV’s? PV systems have productive life cycles of 30-50 years. (Brownson, 2014) A longer time horizon is said to be elastic. Recommendations Upon review of various criteria such as elasticity of demand, cost of production, etc, I would encourage Cindy to pursue this business venture. This sector is set to grow exponentially in the future. The fall in solar PV prices as well as other incentives will cause higher demand for  installation. This will benefit Cindy’s new business venture by bringing more installation business and lower input costs. This can be seen in the demand supply figure: It also makes good economic sense for Cindy to borrow money for her solar panel business venture as the government provides various subsidies to businesses involved in clean energy. â€Å"In total, the federal energy tax subsidies will cost more than $16 billion in 2013, up from only $5 billion in 2005.† (Bastach, 2013) Cindy can benefit from a piece of the clean energy subsidy pie. Bibliography Bastach, M. (2013, March 13). Most energy tax subsidies go toward green energy, energy efficiency. Retrieved from The Daily Caller: http://dailycaller.com/2013/03/14/cbo-most-energy-tax-subsidies-go-toward-green-energy-energy-efficiency/ Brownson, J. (2014, May 25). Department of Energy and Mineral Engineering. Retrieved from Penn State University: https://www.e-education.psu.edu/eme810/node/593 Energy, U. D. (2014, may 25). Tax Credits, Rebates, and Savings. Retrieved from Energy.gov: http://energy.gov/savings NPD Group, Inc. (2013, December). Solarbuzz. Retrieved from Solarbuzz: http://www.solarbuzz.com/news/recent-findings/strong-growth-forecast-solar-pv-industry-2014-demand-reaching-49-gw R. Glenn Hubbard, A. P. (2012). Economics. VitalSouce bookshelf version. Tanaka, S. (2014, May 22). Payback Time for Solar-Power Energy Systems. Retrieved from The Wall Street Journal: http://online.wsj.com/news/articles/SB10001424052702304198504579571960667560156?mg=reno64-wsj&url=http%3A%2F%2F online.wsj.com%2Farticle%2FSB10001424052702304198504579571960667560156.html

History with Derek Mahon Essay

History is a subject which preoccupies Mahon in many of his most important poems. I would choose particular poems because of his view towards our history and the past. His poetry presents history in a very negative light. Mahon sees the past as ‘deep-delving, dark, deliberate you would say’. In the poem Rathlin Mahon recalls historical violence on an island that is now a ‘sanctuary’ of peace and ‘through with history’. However this island in the past has witnessed ‘unspeakable violence’ with the massacre of the Rathlin women. He speaks of the ‘unnatural silence’ on the island gradually becoming ‘natural’ over the years through the island not being inhabited. Come the end of the poem Mahon is unsure ‘whether the future lies before us or behind’. Whether the violence is now behind us or is violence a continuing part of our future? In Mahons Poem Kinsale there is a welcome and a long awaited moment of light and hope. The opening line of this poem was an optimistic thought from Mahon himself by saying, ‘the kind of rain we knew is a thing of the past’. The use of imagery in this poem is both vivid and warming. The image of ‘Yachts tinkling and dancing in the bay’ is a striking image as it is both beautiful and positively uplifting. The sun is a direct contrast to the rain. The sun is an image of hope and the ‘future forbidden to no-one’ while the rain is the constant reminder of a violence filled history. Although Mahon showed a slight sense of hope he is constantly overcome with those ‘who have come so far in darkness and in pain’. In the poem A Disused Shed in Co. Wexford he uses the metaphor of mushrooms neglected in a shed to represent the victims of history. Please note! This is not an example of text written by our writers! Essaypedia.com is a database of essays that were collected at open web resources. You can use them at you own risk following the citation rules below. But we recommend you to order a custom plagiarism-free essay written just for you from one of our writers. Place an order, add your paper details and enjoy the results! You can keep in touch with your writer, check the draft of your paper and send your order for revision for free. If you are hesitating to place an order – just ask for a quote! However the both extraordinary and unbelievable picture of mushrooms with feelings is not the only reason I would choose this poem. Mahon uses the image of mushrooms neglected and forgotten to portray the misery and despair of thousands of victims who have died or survived the torturous past. ‘They are begging us you see’ to not forget them or forget what they have been through. Even the most insignificant people in history still deserve the recognition for their struggle. Small heroes from the past ‘In their wordless way’ are saying ‘Let not our naà ¯ve labours have gone in vain’. Mahon also deals greatly with the theme of isolation in this poem. The mushrooms are completely cut off from the world and their only form of light ‘Is a keyhole rusting gently after rain’. The theme of isolation is also portrayed in the poem Grandfather. The ‘Grandfather’ in the poem has completely isolated himself from family and friends. ‘Discreetly up to no good’ he leaves the house in the morning and does not return until ‘After dark’. However nothing gets by this grandfather, ‘Nothing escapes him, he escapes us all’. ‘His shrewd eyes bolt the door’ to his life and he would rather not be bothered by anyone or anything. Another good choice of poem sticking with the theme of isolation would be After the Titanic. In this poem the persona of Bruce Ismay is overcome with guilt and as a result has completely isolated himself from the world. This poem is a favourite of mine also because Mahon writes in the persona of Ismay so brilliantly. ‘Include me in your lamentations’ was the final line of this poem and it sums up what Ismay was asking for. Like the mushrooms in A Disused shed in Co. Wexford he wanted to be remembered just like those who had died in the sinking of the titanic. He believed he ‘sank as far that night as any hero’ as his life and soul died that night. He watched the ship go ‘thundering down’ and with it went his ‘costly life’. He now ‘stays in bed’ and ‘will see no-one’. Mahon allows the reader to become Bruce Ismay if only for a minute. It is amazing reading this poem. The poem Antarctica is also a great example of Mahons ability of writing in a variety of personas. In this poem Mahon writes in the persona of captain Lawrence Oates an explorer who gave his life for the lives of his fellow men. ‘I am just going outside and may be some time’ are said to be his final words. Mahons deals greatly with the theme of people in this poem. He shows that there is good in man kind and ‘At the heart of the ridiculous, the sublime’. Mahon shows that even in the worst instances of isolation imaginable, trudging utterly alone, to his death Oates action may seem entirely ‘ridiculous’ but in this case it is somewhat heroic. People in life may make some pretty foolish decisions but there might always be a good outcome. The poetry of Derek Mahon is poetry that one could not live without. With this collection of marvellous pieces his poetry will continue through generations and linger in peoples minds for some time, ‘In fact forever’.

The Middle Passage

The Interesting Narrative of the Life of Olaudah Equiano, or Gustavus Vassa, the African, Written by Myself† Is a traumatic narrative of the horrors suffered by the Africans slaves of the 18th century, which has touched my heart. No human being should ever have to endure what the African slaves and their families endured during slavery and voyage through the â€Å"The Middle Passage†. The Middle Passage was called the route of the triangular trade through the AtlanticOcean in which millions of people from Africa were shipped to the New World as part of the Atlantic slave trade. The author starts by giving details of the terrible conditions that he encounters on board of a slave ship. An example of the terrible condition in which the slaves lived is narrated by Equiano (2013) as: â€Å"The stench of the hold while we were on the coast was so Intolerably loathsome, that it was dangerous to remain there for any time†¦ † (1388) â€Å"The closeness of the place, and the heat of the climate, added to the umber In the ship, which was so crowded that each had scarcely room to turn himself, almost suffocated us† (p. 388). The conditions the Africans slaves endured during the Middle Passage were horrific; no human being should be force to live in such deplorable conditions. The lack of freedom on the slave ships caused great distress to the enslaved Africans. They were treated as cargo, chained one with the other and had to perform their bodily functions while chained. They were also forced to sleep cramped together few of them barely escaped without their limbs atrophying. They rarely had enough to eat or drink, and would grow sick in drove, than many of them wanted to die instead of living a life full of cruelties.The slaves were so tired of the detrimental conditions In which they have been forced to live In slave ships, under the most abominable and hellish hyglenlc conditions that they preferred to die, as Olaudah Equiano (2013) write s, â€Å"two of my wearied countrymen who were chained together (l was near them at the time), preferring death to such a life of misery, somehow made through the ettings and Jumped into the sea; immediately another quite dejected fellow, who, on account of his illness, was suffered to be out of iron, also followed their example† (p. 388) Some slaves did everything in the power to end their life; some tried to throw themselves into the Atlantic Ocean, but many were prevented from doing so by the crew and then they were nearly beaten to death to serve as an example, to prevent other slaves from doing the same.Most of the slave encounter white men for the first time when they were brought to the ship, to them those white men with red faces and long loose hair where a strange creature speaking a language they could not understand. They were suddenly separated from their families and forced to live with strangers whose languages they could not understand. I cannot even imagine th e turmoil these families when through. For most of the Africans slaves the Middle Passage marked the beginning of their emise, a life of detrimental treatment, torture and horrible living conditions.For others the Journey thru the Atlantic Ocean marked the end of their lives. Those of them that survived, however, were faced with the agony of a long horrendous Journey to an unknown land where an unknown future awaited them. The Middle Passage The Interesting Narrative of the Life of Olaudah Equiano, or Gustavus Vassa, the African, Written by Myself† Is a traumatic narrative of the horrors suffered by the Africans slaves of the 18th century, which has touched my heart. No human being should ever have to endure what the African slaves and their families endured during slavery and voyage through the â€Å"The Middle Passage†. The Middle Passage was called the route of the triangular trade through the AtlanticOcean in which millions of people from Africa were shipped to the New World as part of the Atlantic slave trade. The author starts by giving details of the terrible conditions that he encounters on board of a slave ship. An example of the terrible condition in which the slaves lived is narrated by Equiano (2013) as: â€Å"The stench of the hold while we were on the coast was so Intolerably loathsome, that it was dangerous to remain there for any time†¦ † (1388) â€Å"The closeness of the place, and the heat of the climate, added to the umber In the ship, which was so crowded that each had scarcely room to turn himself, almost suffocated us† (p. 388). The conditions the Africans slaves endured during the Middle Passage were horrific; no human being should be force to live in such deplorable conditions. The lack of freedom on the slave ships caused great distress to the enslaved Africans. They were treated as cargo, chained one with the other and had to perform their bodily functions while chained. They were also forced to sleep cramped together few of them barely escaped without their limbs atrophying. They rarely had enough to eat or drink, and would grow sick in drove, than many of them wanted to die instead of living a life full of cruelties.The slaves were so tired of the detrimental conditions In which they have been forced to live In slave ships, under the most abominable and hellish hyglenlc conditions that they preferred to die, as Olaudah Equiano (2013) write s, â€Å"two of my wearied countrymen who were chained together (l was near them at the time), preferring death to such a life of misery, somehow made through the ettings and Jumped into the sea; immediately another quite dejected fellow, who, on account of his illness, was suffered to be out of iron, also followed their example† (p. 388) Some slaves did everything in the power to end their life; some tried to throw themselves into the Atlantic Ocean, but many were prevented from doing so by the crew and then they were nearly beaten to death to serve as an example, to prevent other slaves from doing the same.Most of the slave encounter white men for the first time when they were brought to the ship, to them those white men with red faces and long loose hair where a strange creature speaking a language they could not understand. They were suddenly separated from their families and forced to live with strangers whose languages they could not understand. I cannot even imagine th e turmoil these families when through. For most of the Africans slaves the Middle Passage marked the beginning of their emise, a life of detrimental treatment, torture and horrible living conditions.For others the Journey thru the Atlantic Ocean marked the end of their lives. Those of them that survived, however, were faced with the agony of a long horrendous Journey to an unknown land where an unknown future awaited them.

Auer waffeln an austrian company's tale of growth,globalization and Essay

Auer waffeln an austrian company's tale of growth,globalization and decline - Essay Example Business organizations rely on the effectiveness of their marketing strategies, which should always determine the potential of the market thereby informing the subsequent production process of the organization. An effective marketing process should inform the production thereby preventing the organization from incurring losses (Solomon et al, 2009). SWOT analysis The marketing process relies on a number of organizational analyses key among which is the SWOT analysis. This is a business tool used in analyzing the potential of the business organization in sustaining the market demands. The first two components of the analysis are the Strengths and weaknesses of the business organization while the last two are opportunities and threats of the business. The first two elements are therefore within the organization and the organization can manipulate them to ensure it sustains its profitability. The last two on the other hand exist externally; they are part of the market forces implying th at the business organization cannon manipulate them. They therefore determine the profitability of the business. ... The growth if the business portrays a number of management success resulting from bold management strategies. However, the business later stifled away following a number of management lapses and the inability to maintain its market share. The success of the business depends on the effectiveness of the business idea and the nature of the execution of the idea. Guenter Auer identified a potential need for the foodstuff in the Austrian market. The business later flourished following the effectiveness of the business idea. Apparently, the Austrian market had lacked such a business thereby creating a loud that the Waffeln business seamlessly filled. Market entry strategies After identifying an effective business idea, the nature of executing the idea becomes essential in safeguarding the success of the business. Auer identified a gap within the market and therefore decided to fill it thereby developing a market of its own. The idea was unique and therefore took the market by surprise. The business therefore developed a sizable market for itself. However, Auer knew the nature of the market and the amount of potential it had. He therefore began by operating his business in a small scale within the small local market. This did not only provide adequate profitability but also provided the organization with an effective market research opportunity (Ghauri & Cateora, 2010). Through the small local market, he determined that the business could grow to become a national and progressively an international business. He therefore realized the need for a more qualified manager for the business a factor which compelled him to send his son to some of the best schools from where he studied manage net among other operational courses related to production.

Human Growth and development assignment 8 Essay

Human Growth and development assignment 8 - Essay Example Thus, social bonding is of paramount significance for infants to develop trust. The interaction of the infant’s temperament with the experiences in the immediate environment influences the personality development. Hence, the quality of interaction between the infants and caregivers plays a critical role in influencing personality development during infancy. Fundamentally, infants are self-centered, and their primary concern is to satisfy their physical desires. For instance, hunger is a primary concern for infants. The preschool children have patterns of psychosocial, social, and moral development. Notably, the preschool children tend to assert their control, as well as, power over the world by directing social interactions. For instance, the children take charge of their play. Similarly, the successful children in the preschool years feel they have the capacity to lead the others. In contrast, the unsuccessful children display a sense of self-doubt, guilt, and lack of initiatives. Socially, the preschool children will create friends and depart from the side-to-side play with their caregivers. The relationship between the preschool children and immediate people influences the social development (Mahmud, 2013). For example, the children will drift towards particular children and form strong relationships with them. At this stage, the children learn to cooperate with friends while playing and sharing things such as toys. Morally, the children will display empathy (Shaffer & Kipp, 2013). The chil d transits from self-centeredness to embrace empathy. Hence, the child exhibits a sense of consideration. The preschoolers become aware of what is wrong and right. The infancy and preschool phases have similarities, as well as, differences. Notably, the parent-child relationship influences social development during infancy and preschool years. The

Ethical argument smoking Essay Example | Topics and Well Written Essays - 750 words

Ethical argument smoking - Essay Example Those who consider it justified ethically say that to smoke or not is individual’s decision and everybody has a right to decide for himself/herself. Smoking cigarettes is often considered to be a cause of other problems. There is need to find out how frequently smoking becomes the cause of more serious and condemnable habits like smoking heroin or marijuana. The optimal limit to which one can smoke plain cigarettes without causing substantial damage to one’s health should also be determined. I think that currently my topic is not narrow enough to write a detailed argument about it. I might need to narrow it down so that I collect facts and explore the topic from a particular aspect like the optimal level of plain smoking or smoking as a cause of heroin consumption etc. People who oppose my position would say that smoking is injurious to health, so it cannot be justified on any grounds. They would also say that smoking in private is also not acceptable since the activity does not yield a single positive result but does carry a lot of risks for the smoker. I can say that cigarettes are not the only thing that are injurious to health; there are many other activities that are injurious to health or environment but they are not taken as seriously e.g. alcohol consumption, drunk driving, and consumption of junk food. I can say that to smoke in private should be allowed because there is practically no way to stop an individual from smoking in private. Any amount of energy or resources invested in trying to stop people from smoking in private would go wasted. The readers would know that cigarettes are injurious to health and can be a cause of such conditions as lung cancer and mouth cancer. I would need to carry out some research to prove my readers that cigarettes are not as injurious to health as they are frequently assumed to be. I

Choose two anthropology questions in this six questions and answer Assignment

Choose two anthropology questions in this six questions and answer - Assignment Example As a rite of passage, hajj represents a change in faith as Muslims who attend this annual pilgrimage are considered to have attained great faith in their religious beliefs. Hajj is also a rite of passage because it is a ritual worship that members of the Islamic faith are expected to fulfill (Tagliacozzo 4). The concept of the â€Å"one-and-the-many† can be said to relate to the notions of whether Hinduism is a monotheistic or polytheistic religion. Based on this concept, one understands how the multiplicity of Gods is an issue of concern in the Hindu religion. Among the Hindus, there is a tendency to worship many Gods as opposed to worshiping a certain religious deity. The various deities in the Hindu religion are a representation of a single supreme being known as Brahman. Hindus do not worship many gods; rather, they have only one god and different deities (Morgan