Gender Is A Social Construction - 1213 Words

S One cannot talk about social interactions in society without talking about gender. Gender is part of According to Macionis (2015), gender is â€Å"the personal traits and social positions that members of a society attach to being female or male†. Most societies only view gender as being either male or female. An individual must portray their gender correctly in order to be normal in society. Meaning a woman must act feminine and a man must act masculine. However, what happens when an individual chooses not to â€Å"do† gender? How does society respond to those who do not participate in â€Å"doing gender†? In order to answer these questions we will have to explore what it means to say that gender is a social construction and what is means to â€Å"do† gender. In the process we will define impression management and explain how Lucal (2012) engages in impression management with regards to doing gender and along with identifying which sociological theoretica l approach best explains why we do gender. First, when it comes to social interactions, it play a big role on what it means to do gender. â€Å"Social interaction is the process by which people act and react in relation to others† (Macionis 2015: 114). As humans we assign meaning to everything that we see, for example when we see nail polish and makeup we automatically categorize them as things that are associated with women. This is also what it means to say gender is a social construct because a social construct is â€Å"the process by which weShow MoreRelatedGender And Social Construction Of Gender1230 Words   |  5 Pages‘Gender’ is a category used by all human beings to describe the state of being either male or female. Gender is often described as socially constructed which implies that it is something individuals may not be aware of. Through the social construction of a concept, meanings are created. These meanings and understandings are developed in co ordination with other individuals rather than within individuals themselves. Because all societies are different, the social construction and therefore definitionsRead MoreThe Social Construction Of Gender1220 Words   |  5 PagesQuestion 3 In the reading â€Å"The social Construction of Gender† by Judith Lorber she describes how gender is socially constructed. Sex is the biological difference while gender is the social and cultural meanings attached to femininity and masculinity (lecture). From the time that a child is born the doctor assigns it a gender, girl or boy, depending on its genitalia. In the reading â€Å"Naming All the Parts† it focused on how when doctors view genitalia to decide the gender they say there is a penis orRead MoreSocial Construction of Gender1183 Words   |  5 Pagesexactly is â€Å"Gender† and what a â€Å"Social Construct† means. GENDER In a layman’s language, Gender is simply the distinction between male and female. However, if we look deeper in well, we will notice the gender construction starts with the association of sex category at the time of birth. Sex is the biological distinction between a man and a woman and gender is based on sex. A sex category becomes a gender status through naming, dress and the use of other gender marksRead MoreThe Social Construction Of Gender978 Words   |  4 PagesSociologist Peter Berger wrote in his â€Å"Invitation to Sociology† book that â€Å"social reality has layers of meaning, and the discovery of each new layer changes the perception of the whole.† (Berger 1963). Berger, as a sociologist responsible for helping create the social constructionism theory, is not just extending an invitation to sociology. He is already explaining how the world can be viewed by people who already are actively participating in society. This consciousness allows the layer of how peopleRead MoreGender Is A Social Construction?849 Words   |  4 Pages First, what is gender? What does it mean to say that gender is a social construction? Gender refers to the personal traits and social positions that members of a society attach to being female or male. (Macionis 2015:308) The society in which we live produces our views of what women and men are and what they are supposed to b e. However, many people say that gender is â€Å"socially constructed†. Basically meaning it is constructed by society. For many decades, it has been what gender should representRead MoreThe Social Construction Of Gender1000 Words   |  4 Pagesas the definition of gender and gender norms. Judith Lorber wrote an essay called, The Social Construction of Gender. The essay was included in the textbook, Women s Lives. A textbook written by Gwyn Kirk and Margo Okinawa Rey. â€Å"Women’s Lives† is a Feminist focused compilation of essays. As well as, cultural analysis of women globally. Lorber is one of many authors who wrote essays regarding gender for â€Å"Women’s Lives. Lorber argues gender constantly changes due to social interaction. A societyRead MoreThe Social Construction Of Gender Essay1297 Words   |  6 Pagesownership of their bodies. The first article is â€Å"The Social Construction of Gender† by Judith Lorber. In this essay she states that sex and gender is constructed through the society in which we live and that, â€Å"Gender is so pervasive that in our society we assume it is bred into our genes† (Lorber, 64). Lorber’s article takes the standpoint that physical gender expression is such an important topic to individuals because when the conventions of gender are shifted, â€Å"we feel socially dislocated† (65). AnRead MoreThe Social Construction Of Gender989 Words   |  4 PagesRace is a system of categories put in place by society in order to make each individual fit into a certain social group. It is due to societies implementation of such a system that individuals in these racial categories do not always look at each other as equals, causing a race to not always identify themselves as a homogenous front. This essay will delve into the poetry of a popular Def Jam spoken word artist Black Ice, whose piece Bigger Than Mine looks into the dualism within Black society inRead MoreThe Social Construction Of Gender832 Words   |  4 PagesSex, as we have learned, refers to the physical and anatomical differences between males and females. These differences are biological and unambiguous. Gender on the other hand, refers to the aspects that influence each sex and make them distinct from a social standpoint, and each of us does gender constantly. The social construction of gender has caused controversy throughout the years, and has ultimately conceived one of the most contended topics in our society of late: feminism. Feminism refersRead MoreThe Social Construction Of Gender957 Words   |  4 Pagesregulations in which people have to obey making social life be structured. Society has expectations for people to live by. People tend to live up to the norms in order to feel part of the world. Individuals do not want to be judged and labeled, so unconsciously live by the roles that they believe their gender has to follow. Gender is socially constructed concept in which society acts upon. The family is the first to influence individuals to this idea. Gender has roles in which boys and girls are supposed

Chadwick - 983 Words

Euro Challenge 2012 The Current Economic Situation The Euro Area Economic Situation – March 2012 The euro area economy as a whole contracted (i.e., growth was negative) at the end of 2011. In 2012, the euro area will likely undergo a mild recession (a period of negative growth) but is expected to stage a gradual recovery in the second half of this year. Already, there are signs of stabilization, and recent measures taken by the ECB and European leaders are helping to overcome the euro crisis. Key concepts Gross Domestic Product (GDP) is the value of all goods and services produced in a geographical region over a period of time (years, quarters, months). GDP growth tells you by how much GDP increased in a given†¦show more content†¦In January 2012, the average unemployment rate for the euro area rose to 10.7%. This means that one out of ten workers is out of a job. In some countries, young people are particularly affected (e.g., Spain, Greece). Behind the 10.7% average figure is a huge disparity in unemployment rates between euro area countries. The unemployment rate in Austria is just 4%, while in Spain it is over 23%. The unemployment rate is expected to stabilize and gradually decline as growth recovers later this year. But it is bound to stay painfully high in countries that must cut spending sharply to get debt levels down. 2013 Inflation Rate 5.0% 4.0% Inflation 3.0% delicious.com/eurochallenge facebook.com/eurochallengecompetition 2.0% 1.0% 0.0% Source: Eurostat European Commission vimeo.com/channels/eurochallenge 2013 2010 2009 2008 2007 -1.0% 2006 Inflation rose steeply in the beginning of 2011 as a result of higher energy and commodity prices. Inflation has gradually declined and isShow MoreRelatedChadwick Inc.2887 Words   |  12 PagesCase Analysis: Chadwick Inc. case analysis Hamzah. Najib, Mustapha, Syed Hasan Background of Case 6: CHADWICK, INC.: THE BALANCED SCORECARD (ABRIDGED) Chadwick. Inc was a diversified producer of personal consumer products and pharmaceuticals. The Norwalk Division of Chadwick developed, manufactured and sold ethical drugs. The company was respected for the high quality of its products. Norwalk sold its products through several key distributors who supplied local markets. Norwalk relied on itsRead MoreChadwick Case - Balance Scorecard3035 Words   |  13 PagesDesigning a Balanced Scorecard for a pharmaceutical company Chadwick, Inc.: The Balanced Scorecard (Abridged)14 Company Background Chadwick, Inc., was a diversified producer of personal consumer products and pharmaceuticals. The Norwalk Division of Chadwick developed, manufactured, and sold ethical drugs for human and animal use. It was one of five or six sizable companies competing in these markets and, while it did not dominate the industry, the company was considered well managed and was respectedRead MoreThe Issues Raised by the Growth of Manchester and the Reaction to These Issues over the Course of the 19th Century1606 Words   |  7 Pageseverything as â€Å"without their antiquity [and] without their beauty† (Document 2). Because he is English, he may have had a positive bias towards this English city, which makes his negative assertions even more compelling (POV). In addition, Edwin Chadwick, a public health reformer, wrote about the pollution of the living area in Manchester in his Report on the Sanitary Conditions of the Laboring Population in Britain. He describes how the issue of pollution w as raised by the growth of the city sayingRead MorePlaying God, By Ruth Chadwick849 Words   |  4 Pagesrelating the potential consequences that human perception sees in the event that humans take the role of making omnipotent decisions. Situations discussed by Chadwick begin with an argument revolving around the idea of â€Å"letting die†, particularly in the medical field. Further, I will discuss humans making decisions concerning life versus death. Chadwick, on a separate front, presents the playing god objection in the sense of moral limits regarding science and technology. Numerous questions have arisen inRead MoreChadwick Inc. Balance Scorecard1358 Words   |  6 PagesNov. 13, 2013 The Balance Scorecard – Chadwick, Inc. Relying on traditional financial measures, a single perspective, failed to provide a clear performance on the business performance of operations. The balanced scorecard gives managers a comprehensive view of the business by providing four perspectives of both external and internal operations: financial perspective, customer perspective, internal business perspective, and innovation and learning perspective. The Balance Scorecard allowsRead MoreChadwick Inc : the Balanced Scorecard Essay802 Words   |  4 PagesChadwick Inc : The Balanced scoredcard Question 1 Although Norwalk Division of Chadwick is not dominate the industry of personal consumer products and pharmaceuticals , it earns a high market share and is successful rely on the well –managed and its high quality product . In order to maximum its profit in modern market , a balanced scoredcard can be used to support its â€Å"Product differentiation † strategy . Upon to John Greenfield ’ s draft of balanced scored , it is very effective that to putRead MoreBSC Chadwick Case Study Essay1769 Words   |  8 PagesBalanced Scorecard for the Norwalk Pharmaceutical Division of Chadwick , inc. What parts of the business strategy the John Greenfield sketched out should be included ? Are there any parts that should be excluded or cannot be made operational ? What scorecard measures would you use to implement your scorecard in the Norwalk Pharmaceutical Division? What new Measures need to be developed, and how would you go about developing them? Chadwick, Inc: The Balanced Scorecard (Norwalk Division) Vision : ToRead MoreThe First American Army By Bruce Chadwick Essay1612 Words   |  7 PagesThe main topics of â€Å"The First American Army† are the stories of eight men and their marches into battle, during the American Revolution. Bruce Chadwick, the author of â€Å"The First American Army†, is a professor, historian, lecturer, and author of over 28 books. He earned his doctorate in American History at Rutgers University, where he now teaches part-time. The American Revolution seemed like an interesting subject. The first chapter was about the battle of Bunker Hill. This battle took place onRead MoreEssay The Music of Charles Ives1545 Words   |  7 Pagesborn in 1863 in Auburndale, MA, which was not a big town by any means. From a young age, he took piano and organ lessons from his mother before heading to Boston to study with George Chadwick. While in Boston, he became a member of the Second New England School, along with John Knowles Paine, his teacher George Chadwick, Amy Beach, and Edward MacDowell. According to Nicholas Tawa , the aim of the Second New England School was to develop an American classical idiom that stands apart from European ancestorsRead MoreSuite E Major ( See Appendix B )1952 Words   |  8 PagesSuite in E Major (see Appendix B) Arthur Foote, along with John Knowles Pain, George W. Chadwick, Horatio Parker, Amy Beach, and Edward MacDowell, were a group of composers that became known as the â€Å"Second New England School† (Crawford Hamberlin, 2013, p. 185). Foote was a well-known educator as well who served as a guest lecturer at the University of California, Berkeley in the summer of 1911, and also taught piano at the New England Conservatory from 1921 until his death in 1927 (Cipolla, n

Market Expansion and Productivity Growth

Question: Discuss about a Case Study on Market Expansion and Productivity Growth? Answer: Introduction Entering any trade section of a market takes a gigantic amount of effective and efficient efforts from the management of the firm and the new boutique firm is not an exception (Baldwin and Yan 2012). The business plan will analyse all the market entry methods and select the best suited one for the boutique. Moreover, the study will also showcase the entire fiscal position of the firm after in- depth scrutiny of the market and its demands. Estimation will also be provided regarding various sections of finance of the boutique that will include profit and loss statement, projected cash flow, sales estimation and balance sheet. Market Entry Strategy The boutique as planned will carry out its trade operations in city centre of London; hence, there is a possibility of a huge rush in the counters once the boutique offers an eye catching discount on its products as a opening ceremony attraction. The four market entries method within which the boutique can choose from are stated below: Low cost leadership Differentiation Strategy (Lymbersky 2009) Cost focus Differentiation focus (Marketing Donut 2016) Figure 1: Market entry strategies (Source: Byun and Ahn 2009) The boutique will use an amalgamated strategy of low cost leadership and differentiation strategy which will enable them to attract massive amount of consumers. Moreover, the boutique will use price penetration strategy as their pricing strategy, where the price will be lowered initially and will increase with rise in demands (Hoernig 2014). Market Growth Strategy According to Chang and Chiu (2009), achieving success and growing smoothly within any business domain is one of the most challenging tasks that the management has to face during the initial set up of the company. The same is also applicable for the boutique and hence, the adopting and implementing the strategic growth of the Ansoff matrix will be executed by the boutique. Figure 2: Ansoff Matrix (Source: Businesscasestudies.co.uk 2016) As already discussed the will adopt the price penetration strategy, which will enable them to achieve the best possible in terms of attracted customers (Chakrabarti, Vidal and Mitchell 2011). Moreover, price penetration is one of the most popular pricing strategies within the clothing and retail industry as there are uncountable numbers of competitors operating within the market. Operational Issues The actual fabrication and development of a firms services and products are best highlighted from its operational and logistical divisions (Essling 2011). All the operational sections and its role in the business process of the boutique are stated below: Location The Boutique will be located in the City Centre of London, and being one of the busiest market places of the country, the place will throw in massive business opportunity in the path of the firm. Employees The total numbers of employees in the boutique will 4, which will consist of 3 staff members and 1 supervisor. However, apart from these 4 employees, the boutique will require to either employing or searching manpower to work as freelancers for other requirements of business such as production, designing and IT services. Production The production department of the boutique will disguised play the most pivotal role among the entire business process, as the quality of garments will depend on the skills of the employed workers within this division of the firm (Gunay 2009). Therefore, the boutique will require to employee at least 4 to 5 capable workers to bring out the best and differentiated products within the market and to its customers. Inventory Some nominal and basic inventory will be required within the boutique which will include one computer/ laptop, posters, stock of garments, chairs, and drinking waiter facility. Design Unit This section will employ only 1 employee, who will have the sole responsibility to provide the production department with unique and differentiated designs of garments. Finance Unit 1 skilled and experienced financial supervisor will be employed and as it is a small business for the time being, the concerned person will not face any sort of excessive work pressure problems. Financial Projections The reasonable estimation and financial projection of the Boutique has been provided below, which is based on the first year of operation. The start up assets needed for the boutique and the Sources of funding the same has been presented below. Estimated Budget for opening the retail showroom Amount Logo and creation of name $1,000 Stationery $1,500 Telephone an utilities $2,000 packaging $2,500 Business Supplies $600 Real Estate Attorney and CPA $2,500 Gran Opening Event $3,000 Signage $1,500 POS System $3,500 Bank Card machine and supplies $400 Build- out $15,000 Business Inventory Insurance $2,500 Travel- market buying trips $2,250 Total Start up expense $38,250 Start - up assets $18,200 Start - up Inventory $80,000 Other current assets $0 Long- term assets $15,000 Total assets $1,13,200 Total Requirements $1,51,450 Table 1: Start up assets (Source: Created by author) Sources of Funds Owners' and other investments $71,000 Bank loans $80,450 Other loans $ - Total Source of Funds $1,51,450 Use of Funds Buildings/real estate $ - Leasehold improvements $20,000 Capital equipment $35,000 Location/administration expenses $5,800 Opening inventory $9,000 Advertising/promotional expenses $4,000 Other expenses $1,200 Contingency fund $4,000 Working capital $72,450 Total Use of Funds $1,51,450 Table 1: Sources of Funds (Source: Created by author) Pricing Projection The pricing of the garments will be underpinned in the tag at its real price but a attracting and mindboggling discount will be provided as the special occasion of the opening ceremony of the boutique. The sales estimation of the boutique is presented below: Description January February March April May June July August September October November December Total Sales $51,414 $56,555 $62,211 $68,432 $75,275 $82,803 $91,083 $1,00,191 $1,10,210 $1,21,232 $1,33,355 $1,46,690 $10,99,452 Table 2: Sales Estimation (Source: Created by author) Graph 1: Sales Estimation (Source: Created by author) The above table and graph shows that the boutique will not be able to sell huge amount of garments in the first month despite of providing a huge discount but will successful attract consumers and hence the sale will go up by 10 % each month (Longbrake 2013). However, another noticeable element is that the boutique due to its price penetration will be able to start from a standard amount of sales from the very beginning month of operation. Projected Income / PF Statement The projected profit and loss statement of the boutique for the first year of its operation is presented below: Description January February March April May June July August September October November December Total Sales $51,414 $56,555 $62,211 $68,432 $75,275 $82,803 $91,083 $1,00,191 $1,10,210 $1,21,232 $1,33,355 $1,46,690 $10,99,452 COGS $52,477 $52,477 $52,477 $52,477 $52,477 $52,477 $52,477 $52,477 $52,477 $52,477 $52,477 $52,477 $6,29,724 Gross Margin $1,063 ($4,078) $9,734 $15,955 $22,798 $30,326 $38,606 $47,714 $57,733 $68,755 $80,878 $94,213 $4,63,697 Gross Margin % $2 ($8) $19 $30 $43 $58 $74 $91 $110 $131 $154 $180 $74 Expense Accounting / Legal $2,154 $1,157 $1,059 $1,045 $456 $889 $778 $889 $1,114 $1,023 $658 $778 $75,000 Bad Debts $2,278 $2,245 $2,047 $2,094 $3,150 $1,547 $1,568 $3,883 $2,169 $2,017 $1,256 $1,457 $44,112 Shrinkage $10,000 $15,000 $22,000 $5,000 $7,000 $11,000 $8,000 $4,000 $3,500 $2,500 $1,200 $800 $0 Credit Card Fees $1,254 $2,478 $1,382 $1,587 $1,947 $1,568 $1,489 $1,948 $1,457 $1,647 $2,114 $1,697 $7,356 Insurance $6,250 $6,250 $6,250 $6,250 $6,250 $6,250 $6,250 $6,250 $6,250 $6,250 $6,250 $6,250 $17,460 Miscellaneous $3,478 $3,120 $3,654 $3,987 $3,654 $4,103 $4,102 $3,602 $3,687 $3,469 $3,002 $4,254 $12,342 Payroll Taxes $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $20,928 Permits and Licenses $1,047 $156 $546 $567 $423 $1,078 $706 $564 $445 $598 $778 $448 $3,25,477 Rent $1,455 $1,455 $1,455 $1,455 $1,455 $1,455 $1,455 $1,455 $1,455 $1,455 $1,455 $1,455 $17,460 Salaries $1,028 $1,029 $1,029 $1,029 $1,029 $1,029 $1,029 $1,028 $1,028 $1,028 $1,028 $1,028 $12,342 Wages $1,744 $1,744 $1,744 $1,744 $1,744 $1,744 $1,744 $1,744 $1,744 $1,744 $1,744 $1,744 $20,928 Total Expenses $30,688 $34,634 $41,166 $24,758 $27,108 $30,663 $27,121 $25,363 $22,849 $21,731 $19,485 $19,911 $5,53,405 Net Profit ($29,625) ($38,712) ($31,432) ($8,803) ($4,310) ($337) $11,485 $22,351 $34,884 $47,024 $61,393 $74,302 $10,31,810 Net Profit Sales $0 $0 $0 $0 $0 $0 $13 $22 $32 $39 $46 $51 $20,19,508 Table 3: Profit and Loss estimation (Source: Created by author) Graph 2: Profit and Loss estimation (Source: Created by author) The above table and graph clearly highlights the fact that the gross margin of the boutique in the month of February will be a loss of $ 4,078, which is due to removal of the discounts from the garments that was offered in the month of January. However, the gross margin in March will turn out to be around $9,734 that will be due to the huge amount of attracted customer base. Meanwhile, the net profit of the boutique has been forecast as below: Month Net Profit January ($29,625) February ($38,712) March ($31,432) April ($8,803) May ($4,310) June ($337) July $11,485 August $22,351 September $34,884 October $47,024 November $61,393 December $74,302 Net Profit Forecast (Source: Created by author) The forecast quiet reasonably highlights that the boutique will not be able to earn any sort of profit from its operating in the first 6 months, which is until June and will have the lowest net loss on June of $337. The turnaround point of the boutique can be said to be the month of July on which the firm will achieve its first profit of $11,485. Projected Cash Flow Statement The cash flow of the boutique for the first year of its operation within the market has been highlighted below along with detailed analysis of the same. Pro Forma Cash Flow January February March April May June July August September October November December Cash Received $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Cash from Operations $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Cash Sales $51,414 $56,555 $62,211 $68,432 $75,275 $82,803 $91,083 $1,00,191 $1,10,210 $1,21,232 $1,33,355 $1,46,690 Cash from Receivables $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Cash from Operations $51,414 $56,555 $62,211 $68,432 $75,275 $82,803 $91,083 $1,00,191 $1,10,210 $1,21,232 $1,33,355 $1,46,690 Additional Cash Received $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales Tax $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 New Investment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Cash Received $51,414 $56,555 $62,211 $68,432 $75,275 $82,803 $91,083 $1,00,191 $1,10,210 $1,21,232 $1,33,355 $1,46,690 Expenditures Cash Spent $57,584 $57,584 $57,584 $57,584 $69,547 $69,547 $69,547 $69,547 $75,489 $75,489 $75,489 $75,489 Bills Paid $784 $831 $839 $848 $856 $865 $873 $882 $891 $900 $909 $918 Subtotal Spent on Operations $56,800 $56,753 $56,745 $56,736 $68,691 $68,682 $68,674 $68,665 $74,598 $74,589 $74,580 $74,571 Additional Cash Spent Sales Tax (10%) $5,680 $5,675 $5,674 $5,674 $6,869 $6,868 $6,867 $6,866 $7,460 $7,459 $7,458 $7,457 Subtotal Expenditures $62,480 $62,428 $62,419 $62,410 $75,560 $75,550 $75,541 $75,531 $82,058 $82,048 $82,038 $82,028 Net Cash Flow ($11,066) ($5,873) ($208) $6,022 ($285) $7,252 $15,542 $24,660 $28,153 $39,184 $51,317 $64,662 Cash Balance ($11,066) ($16,939) ($17,147) ($11,125) ($11,409) ($4,157) $11,385 $36,045 $64,198 $1,03,381 $1,54,698 $2,19,360 Table 4: Cash Flow Statement (Source: Created by author) Graph 3: Net Cash flow and Cash balance comparison (Source: Created by author) The cash flow statement clearly shows that the boutique will face scarcity of cash in the first 6 months of its operations as the business will run in loss. The situation will hit a turnaround element in the month of July as in that month the net cash flow and cash balance are estimated at $15,542 and $11,385 respectively. In the month of December, both the net cash flow and cash balance will go up to an estimated amount of $64,662 and $2, 19,360 respectively. Moving on to the comparison of net cash flow and cash balance, the fact can be easily derive from the graph that the cash balance of the boutique will require more time to turn into a positive amount than the net cash flow (Padoan and Mariani 2010). The first continuous positive net cash flow of the firm will be $7252 and first continuous positive cash balance will be $11,385. Projected Balance Sheet As opined by Roenfeldt and Osteryoung (2012), Balance Sheet of any business is the sole component that has the actual ability to let the stakeholders realise the exact fiscal position of the business at a certain point of time and hence, analysing the Projected Balance Sheet of the boutique is immensely pivotal, which is discussed below: Assets January February March April May June July August September October November December Total Current Assets Cash ($11,066) ($16,939) ($17,147) ($11,125) ($11,409) ($4,157) $11,385 $36,045 $64,198 $1,03,381 $1,54,698 $2,19,360 $5,17,224 Accounts Receivable $2,083 $2,083 $2,083 $2,083 $2,083 $2,083 $2,083 $2,083 $2,084 $2,084 $2,084 $2,084 $25,000 Inventory $1,166 $1,166 $1,166 $1,166 $1,167 $1,167 $1,167 $1,167 $1,167 $1,167 $1,167 $1,167 $14,000 Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Current Assets ($7,817) ($13,690) ($13,898) ($7,876) ($8,159) ($907) $14,635 $39,295 $67,449 $1,06,632 $1,57,949 $2,22,611 $5,56,224 Long Term Assets Long Term Assets $12,041 $12,041 $12,041 $12,041 $12,042 $12,042 $12,042 $12,042 $12,042 $12,042 $12,042 $12,042 $1,44,500 Accumulated Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Long Term Assets $22,375 $22,375 $22,375 $22,375 $22,375 $22,375 $22,375 $22,375 $22,375 $22,375 $22,375 $22,375 $2,68,500 Total Assets $14,558 $8,685 $8,477 $14,499 $14,216 $21,468 $37,010 $61,670 $89,824 $1,29,007 $1,80,324 $2,44,986 $8,24,724 Liabilities and Capital Current Liabilities Accounts Payable $2,416 $2,416 $2,416 $2,416 $2,417 $2,417 $2,417 $2,417 $2,417 $2,417 $2,417 $2,417 $29,000 Current Borrowing $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $1,500 Other Current Liabilities $2,375 $2,375 $2,375 $2,375 $2,375 $2,375 $2,375 $2,375 $2,375 $2,375 $2,375 $2,375 $28,500 Subtotal Current Liabilities $4,791 $4,791 $4,791 $4,791 $4,792 $4,792 $4,792 $4,792 $4,792 $4,792 $4,792 $4,792 $59,000 Long Term Liabilities $15,750 $15,750 $15,750 $15,750 $15,750 $15,750 $15,750 $15,750 $15,750 $15,750 $15,750 $15,750 $1,89,000 Total Liabilities $20,541 $20,541 $20,541 $20,541 $20,542 $20,542 $20,542 $20,542 $20,542 $20,542 $20,542 $20,542 $2,77,000 Paid In / Invested Capital $18,583 $18,583 $18,583 $18,583 $18,584 $18,584 $18,584 $18,584 $18,583 $18,583 $18,583 $18,583 $2,23,000 Total Capital $18,583 $18,583 $18,583 $18,583 $18,583 $18,583 $18,583 $18,583 $18,584 $18,584 $18,584 $18,584 $2,23,000 Total Liabilities and Capital $39,124 $39,124 $39,124 $39,124 $39,125 $39,125 $39,125 $39,125 $39,126 $39,126 $39,126 $39,126 $5,00,000 Table 5: Balance Sheet (Source: Created by author) The balance sheet clearly highlights the fact that the boutique will have to face a tough time until the month of June as the cash is estimated at a negative balance of -$4,175 and total current assets for the same month is estimated at -$907. Therefore, it can be quiet reasonably argued that the boutique needs to take special care of its fianc section until it have started achieving a positive cash flow (Velez-Pareja 2012). Identification of Finances and Resources The three major resources of the boutique are identified and elaborated below, which will enable the store to excel in its business operation with each passing month. Finance Resource The most imperative element needed is financial funding that will take care of all the start up expense of the boutique and hence, a loan of $80,450 will be taken from the bank (Markman and Phan 2011). Human Resource The employees selected for the boutique will play a massive role behind the success ratio of the firm. Hence, it is recommended that a capable employee is designated as the HR. Physical Resource The boutique will be located at the City centre of London and the apparels will consists of well renowned designers. Moreover, a nice interior along with sitting arrangements will be enough for the time being. Risk and Mitigation Three mitigation and risk have been identified by the boutique, which is elaborated below: What if the apparels and garments gets rejected by customers Rejection of the differentiated garments of the boutique is a major risk, which can be circumvented by advertising and dividing the section of garments as per their categories, which will ease up the selection process for the customers (Sette 2015). What if the store gets congested due to excessive users in time of sale and discount The only actual remedy is to enlarge the floor space, which will be a unnecessary waste if funds as the rush is predicted only in the discount periods (Pehrsson 2011). Therefore, the boutique needs to employ one more personnel, who will have the sole responsibility to get rid of the non- buying customers in a polite manner. Risk if business goes dead Threat of new entrants within the market is one of the most common and experienced threats or risks. This can become even worse if the idea and strategy of the boutique is leaked within the market and hence, the only remedy is assuring confidentiality of the concerned data documents, which should not be compromised under any circumstance. Reference List Baldwin, J. and Yan, B. 2012. Market Expansion and Productivity Growth: Do New Domestic Markets Matter as Much as New International Markets?. Journal of Economics Management Strategy, 21(2), pp.469-491. Businesscasestudies.co.uk, 2016. Ansoff's growth strategies - Growing a business by developing products and markets - Beiersdorf | Beiersdorf case studies and information | Business Case Studies. [online] Available at: https://businesscasestudies.co.uk/beiersdorf/growing-a-business-by-developing-products-and-markets/ansoffs-growth-strategies.html#axzz402nXOZmT [Accessed 13 Feb. 2016]. Byun, B. and Ahn, B. 2009. Growth of competitive strategy in the world market. Technovation, 9(8), pp.635-656. Chakrabarti, A., Vidal, E. and Mitchell, W. 2011. Business transformation in heterogeneous environments: The impact of market development and firm strength on retrenchment and growth reconfiguration. Global Strategy Journal, 1(1-2), pp.6-26. Chang, M. and Chiu, Y. 2009. The analysis of a price war strategy under market demand growth. Economic Modelling, 25(5), pp.868-875. Essling, C. 2011. Uncertainty, Flexibility, and Market Entry. SSRN Electronic Journal. Gunay, H. 2009. Strategic delay in market entry. Canadian Journal of Economics/Revue canadienne d'Aconomique, 41(3), pp.998-1014. Hoernig, S. 2014. Market Penetration and Late Entry Strategies. SSRN Electronic Journal. Longbrake, W. 2013. Statistical Cost and Financial Analysis. Financial Management, 2(1), p.48. Lymbersky, C. 2009. Market entry strategies. Hamburg: Management Laboratory Press. Marketing Donut, 2016. Strategies for growing your business. [online] Available at: https://www.marketingdonut.co.uk/marketing/marketing-strategy/strategies-for-growing-your-business [Accessed 13 Feb. 2016]. Markman, G. and Phan, P. 2011. Competitive dynamics of entrepreneurial market entry. Cheltenham, Glos, UK: Edward Elgar. Padoan, P. and Mariani, F. 2010. Growth and Finance,. JCMS: Journal of Common Market Studies, 44(1), pp.77-112. Pehrsson, A. 2011. Firms' customer responsiveness: relationships with competition, market growth, and performance. Journal of Strategy and Mgt, 4(4), pp.347-364. Roenfeldt, R. and Osteryoung, J. 2012. Analysis of Financial Statements. Financial Management, 2(1), p.74. Sette, E. 2015. Sorting, Reputation and Entry in a Market for Experts. SSRN Electronic Journal. Velez-Pareja, I. 2012. Financial Analysis and Control - Financial Ratio Analysis. SSRN Electronic Journal.

Pericles Funeral Oration free essay sample

Pericles, the leader of the Athenians had presented this Oration as did his predecessors after their people have fallen in battle. The Oration was to talk about why their very own were fighting in battle and as a result died for their lands and ways of life. This particular Oration was from the early days of the Peloponnesian War. The speech was intended for every Athenian and any others that wished to attend. Prior to the speech, the dead are honored in a similar fashion as we do today with our high ranking public officials or famous people. The honored dead were in a procession, coffins brought through the streets along with one empty coffin for the missing. Eventually, the dead were laid in public sepulcher (tomb) in suburbs of the city. Pericles starts his speech off by honoring their ancestors because it is the right thing to do and one of the requirements by law during these Orations. We will write a custom essay sample on Pericles Funeral Oration or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page After all if it weren’t for their ancestors, Athens would not be. He then goes into describing their democracy and why it is the best for all to follow. In their democracy, as in any democracy, the laws cover all not just certain groups of people. There is equality for all, even a person with a deformity or poor can serve in a public position. This normally does not happen in a non-democracy government. Pericles goes into depth regarding how the Athens culture has always been like an open door policy. They did not have the military running around the streets enforcing everything, letting one and all who wanted to claim home there do so. Although being a great idea, in their past there has been individuals, â€Å"enemies† found to take advantage of the decent and law abiding people and used it against the people of Athens. Athenians live as they want to, they want and like to be happy and enjoyed life and the freedoms everyone should endure. But they are also willing to drop everything to march off into dangerous times with no assistance or allies while their adversaries would have back-up or sheer numbers as evident of Lacedaemonians, (Sparta). He wanted the Athenians to realize their greatness, this adeptness comes from the fact that warriors fought for something, not because they were told and forced into fighting at such young ages. Athenian warriors fought for their country but also for their family, friends and other communities in the city. Athenians soldiers were not afraid to die for their culture to continue as they thought dying was more honorable than to be only wounded. This has great advantages even today when someone has a purpose to fight for not just because they are being forced to fight. He then goes into saying that they are a city that is the school of Hellas, â€Å"Greece. This meaning the more flexibility of its people of Athens will enrich the power of their city/state. He drove this point that education is meant to upgrade their states worthwhile. Through such teachings the Athenians reputation has been emulated by others. If it weren’t for education we would probably still be in the ancient times. Pericles the whole time is in the comforting frame of mind for the many that came to listen to his speech, after all, many that are there to listen has just lost a loved one, maybe their f ather, husband or brother. He touches on the subject of kids. Saying that the women, who can still bear children, should do so not only to take their minds off the loss of someone but I think it was also meant to increase man power if and when needed. To sum up the Oration in my opinion, this was meant to motivate. It encouraged, inspired and reminded not to mention prepared them for the remainder of the Peloponnesian War with hopes they would all remember the ones that had already took the ultimate sacrifice, death.