Saturday, August 10, 2019
Latino Culture is Growing Research Paper Example | Topics and Well Written Essays - 1750 words
Latino Culture is Growing - Research Paper Example Latino culture is certainly changing, but it is the aim of this essay to provide evidence that Latino culture is growing within the United States and as such is becoming more influential and powerful than ever before. The hypothesis of this paper is that the literature will support the notion that Latino culture is growing within the United States, and as such the operational definition will seek to define the statement above by describing the number of Latin Americans in the United States and the areas in which their culture is growing. We will define the weight of the Latin American culture in terms of number and evidence provided within the literature that it is becoming more and more influential in all areas of cultural interest. According to our hypothesis, Latino culture is growing and as such we will expect the tests we do (in this case measuring qualitative and quantitative evidence for the growth of Latino culture) to support this, providing us with an operational definition . To understand the growth of Latino culture, it is important to understand what exactly comprises it. Latino culture at its most basic level involves anything cultural that can be found predominantly amongst those within the Latin American ethnic group. It also generally refers to movements that have come from Latin America directly, or modern adaptations of this. For example, Roman Catholicism is generally thought to be a large part of Latin American culture (Phol, 1998). Music is found within all cultures, and Latino culture is no different. Latino music generally refers to music made by those of a Latin American origin, whether it be traditional forms such as salsa or adaptations of more modern American trends such as hip-hop or rock music with a distinctly Latin flavour, such as involving traditional rhythms or singing in Spanish. Language is often associated with culture too, and we will look at how the Spanish language is the most important growing language in the United Stat es and how Spanglish (a fusion of Spanish and English) is becoming more common amongst Latin American and Anglo American teens. It is hard with Latino culture, as with any culture, to pin down exactly what makes it unique, as culture changes so rapidly. However, it is safe to assume that Latino culture can be attributed to those of Latin American origin and as such most of the cultural elements discussed within this essay will be those directly formed under the influence of people of this ethnic origin. It is widely recognised that Latino culture is growing, particularly within adolescent groups. Latino teenagers now have more spending power than Anglo teens, spending over $320 a month, which is 4% more than the average American teenager (Stapinski, 1999). This means that advertising companies have had to adapt and begin to target Latino adolescents to improve profit margins, and new advertising companies such as Lazos Latinos have started to appear, primarily targeting the Latino Y outh. With this increased targeted advertising, more elements of Latino culture have been reaching a wider audience, meaning that Anglo teenagers pick up on the trends that are currently defining Latino culture and as such the trends are spreading to a wider
Grant proposal+SOP Coursework Example | Topics and Well Written Essays - 1750 words
Grant proposal+SOP - Coursework Example 1. Title of Project Incidence of the lateral flagella Flag-2 genes in clinical isolates of E. coli. Supervisor(s) surname(s) Forename(s) Title(s) Current post(s) and Employer End date of current funding or normal retirement date Dr J. N. Fletcher J. N. Doctor 3. Proposed Student (where applicable) Forename(s) Title(s) Current post(s and Employer End date of current funding or normal retirement date Fatima Alshannag Fatima PhD student 4. Organisation (administering award if approved) Yorkshire Cancer Research Department accommodating project (and Organisation if other than above) City or Town Bradford Applicantââ¬â¢s Tel. No. and Email address 5. Number of hours per week individuals named in (2) above will devote personally to this studentship. 6. Proposed starting date for period of funding Proposed duration 7. Abstract of Research (10 lines of text in Times New Roman 11-point single spacing). Do not increase size of text box. 8. Full official postal address of applicant Telephone number Fax number Email address 9.1 Does this application follow on from a previously funded YCR award? Please give details. No, this application does not follow previously funded YCR award. 9.2 Is this a resubmission in any part of an application to YCR? No, there are no resubmissions in any part of an application to YCR. ... d summarise the support provided (including its tenure) 10.2 Are you currently applying elsewhere for support for work relating to the present proposal? No, I am not currently applying elsewhere for support for work relating to the present. If so, to which Organisation? 10.3 Is this application or any part of it, currently being submitted elsewhere? No, any part of this application is not being submitted elsewhere. If so, to which Organisation; and by what date is a decision expected? 10.4 Has this application, or any part of it, been submitted elsewhere over the past year? No, this application has not been submitted elsewhere over the past year. If so, to which Organisation? 11. Acceptance of regulations and conditions I/We have read the conditions set out in the Award Conditions and, if my/our application is successful, I/we agree to abide by them. I/We shall be actively engaged in, and in day-to-day control of, the project. I I/We have read the specific Award Information, Award Co nditions and Policies for Awards regarding disclosure of research data, intellectual property and commercial development activity and if my/our application is successful I/we agree to abide by them. Signature of applicant(s) Date: This application should be submitted by/through (i) the Head of Department and (ii) the officer who will be responsible for administering any award that may be awarded (e.g. Finance Officer, Bursar, Registrar, Secretary). Each should sign the following declaration: I confirm that I have read this application and that, if granted, the work will be accommodated and administered in the Department/ Organisation in accordance with the Award Conditions. The staff gradings and salaries quoted are correct and in accordance with the normal practice of this Organisation.
Friday, August 9, 2019
Oil Spills Clean-up Technology Research Paper Example | Topics and Well Written Essays - 7750 words
Oil Spills Clean-up Technology - Research Paper Example Proactive measures ought to be taken to prevent such catastrophes from occurring. Some of the accidents are caused by the neglect of the management and other members transporting the oil. The BP Company for instance has been one of the current culprits of oil spill. Reports indicated that the company was aiming at reducing the cost of operation and therefore had poor methods that would have been used to prevent oil spills. Other companies that have been caught in the same incidence include the Union Carbide in India. The company was concerned with the issues of cutting on the cost of operation. In the process, it failed to repair and maintain the gas cylinders leading to leakage of gases. The negative effects of this were death of thousands of people. It would therefore be imperative to have ways that would be used to prevent these incidences from occurring. Punitive measures should be used to ensure that the responsible companies pay for the damage caused. This may include confiscat ion of their certificates of operation until such companies can show their readiness to prevent the situation. The following discussion will focus on the oil spill cleaning techniques, limitations and classification. Literature review Current oil spill cleaning techniques There are a number of oil spill cleaning techniques, which have been used for decades to address this problem. These methods however differ in terms of cost, the effects on the environment, flora and fauna, and complexity. The other main determining factor of the technique to use include whether the oil spill has taken place in the deep sea or near the shore. The following are some of the current methods, which are used to clean oil spills: 1. In-situ burning of oil This is one of the most common techniques... This essay stresses that major oil spills have been blamed on poor strategies used by the management to deal with the problem. Some of the policies that are stipulated are poor due to the need to cut down the cost of operation. Some of the companies that have been blamed for such poor policies include the BP Company. Due to the 2007/08 economic turmoil, the company management was in the process of cutting down cost of operation. As a result, this led to the problems, which have been witnessed. It is for this reason that some of these companies need to be punished. Other methods that would also be used in to prevent oil spills include regular check of machinery and the piping systems. This is done for the purpose of preventing of detecting any anomalies on such machines. Any leaks should be repaired immediately they are detected. Any loose valves ought to be tightened to prevent any spills. However, majority of the companies fail to address this issue due to the current the current co mpetition in the world of business. The high demand for oil and other related products prevents the management to take the safety precautions. This paper makes a conclusion that the bottom-line is that there is no effective method, which can effectively address the issue of cleaning the oil spills. For that reason, there is need for more innovation in order to have such methods. The current ones are not only expensive but also lead to major environmental problems. All measures ought to be taken to prevent the oil spills since the cost of such catastrophes are high.
Thursday, August 8, 2019
Cleveland Apollo Assignment Example | Topics and Well Written Essays - 1000 words
Cleveland Apollo - Assignment Example This rampant concern about the ethical acquisition of antiquities has been the outcome of the widespread demands being made by the varied governments for the return of antiquities acquired by museums and collectors through unethical and illegal means and procedures, and the associated high profile trials. In that context the Cleveland Museum of Artââ¬â¢s acquisition of the statue of Apollo attributed to Praxiteles has attracted much controversy owing to the intriguing nature of its acquisition (Litt, 2010). Keeping in mind the existent ethics and international laws pertaining to the acquisitions of antiquities, it will certainly be apt to say that for the time the Cleveland Museum of Art must desist from displaying this statue of Apollo. The Cleveland Museum of Art acquired the controversial statue in 2004. Since then this statue has attracted much controversy. The museum is believed to have paid approximately $5 million to acquire this statue from Phoenix Ancient Art. This statut e is noted to be seen on an estate in Germany in the 30s and was noted to have stayed there before it was purchased by a Dutch antique collector in 1994 (Litt, 2010). After that the statute remained unseen for quite some time till it was traced to the Phoenix Ancient Art in 2002 (Cultural Heritage Resource, 2013). ... Thereby, the much plausible premise that ensues from the statement made by the Phoenix Ancient Art is that the firm was well aware of the statuteââ¬â¢s past ownership history till it acquired it in 2002. This brings the acquisition of the Apollo statute by the Cleveland Museum of Art in direct confrontation with the established authorities and bodies of specialty, which have promulgated well specified ethical guidelines and ethical codes pertaining to the acquisition of antiquities. It will be academically quite insightful to delve into the guidelines published by these bodies of concern. The things is that any ethical museum or organization needs to stick to the guidelines ensuing from the UNESCO Convention aimed at prohibiting the unethical and illegal import and export of the cultural antiquities. As per the 1970 UNESCO Convention, the cultural antiquities need to be acquired in consonance with the international laws and the domestic laws imminent on the sale and purchase of su ch works of art (UNESCO, 2012)). Thereby, in a legal context this Convention debars the import of any antiquity into the United States of America that did not get out of the jurisdiction of its country of origin at a time that was not prior to the date when the restrictions were imposed, or any artifact that is not accompanied by an export license issued by its country of origin (Archaeological Institute of America (a), 2013). Now when one takes the UNESCO guidelines into consideration it does need to be mentioned that as per EC Regulation 3911/92, the export of any cultural antiquity that was traced in the jurisdiction of any EU member state in 1994 needs to be accompanied by an export license (Cultural Heritage Resource, 2013). This stands to be
Wednesday, August 7, 2019
Breast Cancer Research Paper Example | Topics and Well Written Essays - 750 words
Breast Cancer - Research Paper Example The author notes that even when similar methods are applied, the use of dissimilar strategies for examining surgical material may lead to different outcomes for the same patient. The information submitted by the writer notes that in cases of determining histological curative effects in everyday medical practice, doctors have to illustrate the methods applied in their examination criteria. The author notes that histological methods for determining therapeutic reactions and strategies for assessment of surgical materials subsequent to neoadjuvant treatment must be harmonized in the near future. The author notes that cancer prevention involves all the actions taken for the purposes of lowering the likelihood of acquiring breast cancer. Through prevention, the author notes that mortalities caused by cancer are eventually minimized. The author explains the risk elements and the protective elements that are associated with breast cancer. He notes that preventing breast cancer begins with adopting a healthy eating habit. He notes that several studies reveal that lifestyle alterations have been recorded to reduce risks of acquiring breast cancer even in the women considered high risk. He argues that a number of steps associated with keeping the body active and healthy have reduced the risks of acquiring cancer. The author notes that breast cancer is the principal causing factor of cancer associated mortalities in women below the age of 40 years especially in the countries with the highest per-capita income in the world. The writer additionally reports that even though seen to improve gradually, the rates of survival for these women are much lower as compared to women who are older. Furthermore, he reports that the young women are prone to developing more aggressive strains of the cancerous cells.Ã
Tuesday, August 6, 2019
Defects of Consent Essay Example for Free
Defects of Consent Essay A defect of consent is a situation where a partyââ¬â¢s declaration does not reflect his actual intent. This difference between declaration and intent may be caused by other parties,in order to make someone to form a contract with themselves. Fraud and Duress are this kind of defects. Roughly,fraud is deceiving someone by hiding certain facts or giving them a wrong impression/information in order to make them form a contract and duress is scaring or threatening someone to make them form a contract. If there is a difference between declaration and intent,which unintentionally resulted from the declarant,we can say there is an error. In some cases,both parties are mistaken about contract. Such defects are called ââ¬Å"Collective Errorâ⬠. In these situations,contract is formed by partiesââ¬â¢ true intent,not according to their false statements. Error In the TCO article 30,the law states that ââ¬Å"A party acting under an essential error when entering into a contract is not bound by it. â⬠Interpreting this article,we can deduce that essentiality is a key concept,since unessential errors will not affect validity of the contract. Some aspects of essential error are specified in TCO,but law does not limit cases of essential error with those articles. Unwritten states of essential error are determined by the rules of good faith. Error may occur in several ways: Error in declaration In the TCO article 31 the law sets forth: An error is deemed particularly essential in the following cases 1-Where a party intended to conclude a contract different from that to which he consented. A wants to sell 100 kilos of olive oil to B,but during the formation of the contract, A inadvertently states that he wants to buy 100 kilos of olive oil and B agrees the offer. -Where a party has concluded a contract relating to a subject matter other than the subject matter he intended. A wants to buy E branded good,but during the formation of the contract he states he wants to buy F branded good by mistake and is not aware of it. 3-Where a party declared his intent to conclude the contract other than the whom he intended to. A wants to s end an offer via mail to B,but he writes a different adress and mail goes to C. C accepts the offer. 4-Where a party took a specific person into consideration as the other party in entering a contract but declared his intent to another. A is a nanny who wants to raise Bââ¬â¢s child C,but during the formation of the contract she stated the name of Bââ¬â¢s mentally deficient child D. A is mistaken about someoneââ¬â¢s identity,not someoneââ¬â¢s qualifications. Otherwise it would be error in motive,which shouldnââ¬â¢t be confused. 5- Where a party has promised to make a significantly greater performance or has accepted a promise of a significantly lesser consideration than he actually intended. Error in calculation of a simple nature do not affect the validity of the contract;but they should be corrected. A good should have 10. 000 dollars written on its label but accidently 1000 dollars is writtenon label. A buys the good for 1000 dollars. Error of Agents The law states in TCO article 33 that ââ¬Å"Where an offer to enter into a contract has been incorrectly communicated by a Messenger,translator or other agents or by any means,the provisions governing error are applicableâ⬠. Error of agents are counted as error in declaration. Mistranslation,misinforming,changes in the text during telegraphingâ⬠¦ are examples of such errors. Error by Considering a Demeanour as Consent When a partyââ¬â¢s action is considered as an offer or acceptance by another party,and the other party is right to consider this as such and forms the contract,contract will be valid. However mistaken party can put forward that he is mistaken and benefit from the provision of error in declaration. Texts signed without reading If a party signs a text without reading ,and is right to think that the text suits his intent,outcome is determined by the other partyââ¬â¢s knowledge about this intent. If the other party knows or has to know that text does not suit signerââ¬â¢s intent,contract will not have been formed and thus there will not be any need for provisions of error. On the other hand,if the other party does not know or have to know the signerââ¬â¢s intent,contract will be formed,but signing party by proving that the error is essential,can benefit from provisions of error in declaration. Signature in Blank One of the parties agree to sign in blank first,then allow other party to constitute the contract. If this contract formed later on has contents which do not suit signing partyââ¬â¢s actual intent,he can benefit from provisions of error. Error in Motive Error in motive is caused by an error in the formation of intent. On principle,error in motive is not essential. If there are conditions prescribed by the law,there is an essential error in motive. In TCO article 32,the law sets forth that ââ¬Å"Error in motive is not deemed as essential unless the mistaken party deems the motive as necessary basis for the contract and it is valid regarding the business affairs in good faith. Yet this rule is not applicable unless the other party is aware of this motiveâ⬠According to this article,error in motive is essential if the party deems this motive as necessary basis for the contact. This means the party is mistaken about a subject or qualifications of someone which affected his decision to form the contract. Error in material qualification,error in fact,error in legal status are examples of such mistakes. A wants to buy sculpor Bââ¬â¢s statue but in fact the statue is a replica. In this situation there is error in material qualification. A thinks he is assigned to a job in another city,so he rents a house in that city. He made an error in fact. A purchases a land to build a house,but does not know construction is forbidden on this site. He is mistaken about landââ¬â¢s legal status. Also if other party is or has to be aware of the motive,error is deemed as essential. This should be determined in the present case. Avoidability In TCO art. 30 the law stipulates that ââ¬Å"A party acting under an essential error when entering into a contract is not bound by it. â⬠However this is limited by TCO art. 39. The contract will be valid if the mistaken party does not abolish the contract in a year,beginning from the moment he realises his error. Good Faith Rules in Error Right to avoid is also limited by the law. The law states in TCO art. 34 that ââ¬Å"A person may not advance error in a manner in violation of good faith. In particular, the contract is considered to be concluded in a way that the party acting in error intended, in case the other party declares his consent to be bound by that contract. â⬠Violation of good faith mentioned in the first subsection may be like this: A person learns that he made an essential error about a contract which he concluded years ago. He wants to use his right to avoid just to damage other party. In that case he will not be able to benefit from provisions of error since it is a violation of good faith. Second subsection of this provision is particularly important. I wish to give a case in this point,in order to better explain it: A wants to buy a kilo of fruit for 2 Liras,but he is mistaken and accepts Bââ¬â¢s offer to buy a kilo for 3 Liras. Then A states his mistake to B,B immediately says he is ready to sell it for 2 Liras. In this situation A cannot put forward that he wants to nullify the contract,since he made an essential error. The contract is formed. Error by Negligence According to TCO art. 35 ââ¬Å"A party acting in error is liable for any loss arising from the nullity of the agreement where the error is attributable to his own negligence. However, there is no compensation if the other party knew or should have known of the error. In the interests of equity, the Court may, not exceeding the benefit of standart performance, award further damages to the injured party. â⬠The first subsection is about responsibility of partiesââ¬â¢ actions before the formation of the contract (culpa in contrahendo). Even a slightest negligence in error results in culpa in contrahendo,and in such situations damages will be compensated. According to the second sentence of this subsection,there will not be any compensations if the other party knew or should have known of the error. But this provision is not applicable to error of declaration,since if the other party knew or should have known the error in declaration,contract is formed according to the declarantââ¬â¢s real intent. Yet if a party knows or has to know other party made an error in motive,mistaken party will not have to compensate any damages even if he abolishes the contract. Amount of the damage that will be compensated,is the damage that would not exist if the contract would not be formed. This kind of damage is ââ¬Å"negative damageâ⬠. Benefit of the standart performance is named as ââ¬Å"positive damageâ⬠. According to the second subsection,judge may decide further damages. This ââ¬Å"further damageâ⬠is compensation of positive damage. Amount of positive damage that must be compensated may be some of the positive damage or all of the positive damage,determined by equity,but cannot exceed positive damage.
Monday, August 5, 2019
International Olympic Committee
International Olympic Committee Introduction: Now a day, to present and promote the national identity and cultures on a global scale, hosting the international games is the one of the greatest way. On 6 July 2005 the International Olympic Committee has given the right to stage the 2012 summer Olympic and Paralympics Games to London. Now its necessary to find out whether its good the Economy of UK or what affects will be on the UK. The pros and cons of the London 2012: [P1] As London is going to host the 2012 Olympic Games, we have to find out some advantages and disadvantages of hosting the 2012 Olympic Games. Even though its estimated that there will be à £2 Billion in tourism revenue and its predicted that the benefits of the game will be felt across the whole of the UK with becoming the centre of the worlds attention, there are so many disadvantages of the hosting of such a big games. Advantages of hosting the 2012 Olympic games: 1. Urban regeneration: Due to Olympic 2012, Government making a new stadium with setting capacity of 80000 and this will be the main focus area for Olympic. This East-end side is bit less developed area in comparison to other part of the London. So due to Olympic 2012 this area will be developing area very soon. 2. Housing: Government is building 5000 homes for the Olympic village which will be using for housing of the local people after the Olympic. It will increase the housing cost of the area. 3. Transport Improvement: As large number of visitor will be visiting during the Olympic, Government is improving the transport line rapidly. Following Improvements are mainly focused: a. Building a channel Tunnel which will connect Stratford with Kings Cross b. Increasing the jubilee line capacity by 45% c. Extending the DLR network d. Major improvement work in East London line which is costing around à £1bn. 4. Jobs: East end is known as a area where unemployment rate is very high. As this area has become the Olympic Zone, now there are lots of short-term jobs opportunity is there which may help to reduce the unemployment rate. 5. Tourism: UK is expecting the number of tourist will increase rapidly due to the Olympic. 6. Financial Benefits: A city may receive lots of benefits from Olympic games. If we look at previous Olympic history we can see that Barcelona was able to do vast urban renewal from the gained revenue of Olympic. Sydney was also able to generate huge revenue from the tourist and it also increase the number of tourist for the city. 7. Employment Effects: As we describe earlier Olympic creates lots of job which helps to reduce the unemployment rate.. 8. Intangible Benefits: There are lots of benefit for being host city of big event like Olympic. It could be tourist perspective, employment creation, development of particular area, improvement of transportation system, being the focus placed for the rest of the world. [http://olympics.pthimon.co.uk/londonadv.htm] Disadvantages of hosting the 2012 Olympic game: ïÆ'Ë Cost: Cost of hosting a big event is the main drawback. Government may need to spend around à £2.373bn for Olympic 2012 and it is predicted which may increase. There could be huge operating loss which is nearly à £500million. ïÆ'Ë Lakes of long term job: Olympic is creating short-term job but it is not creating any long term jobs. So that after the Olympic, unemployment rate may increase rapidly. ïÆ'Ë Olympic Debt: With the Olympic Games being of the scale that it currently is, there is a risk of ending up in huge financial deficit if preparations are not organised or overseen properly. The result is a debt that lasts for years, as happened at the 1976 Montreal Olympics. ïÆ'Ë Rising Consumer Prices/Rent: As we know that if demand increases, price will increase. So that price of product and rent may increase during the Olympic which will have a serious negative impact to the local poor resident. For example, is an area in which landlords will be able to charge 10 times their normal price during the surge of visitors to Athens in 2004. If too many prices shoot upwards in this way, a lot of poorer locals may find goods or services which they used to be able to afford are now out of reach. However, this change may not be affect larger cities. Cities such as Montreal and Los Angeles did not undergo any significant price surges around the Games, and price changes were consistent with those in surrounding cities. [[http://olympics.pthimon.co.uk/londonadv.htm]] Impact on Environment and Other stakeholder: [P2] The London 2012 Olympic and Paralympics Games will bring a wide range of positive impacts to the region. These include transport infrastructure, employment, skills, and economic, social and environmental impacts. Many benefits include opportunities to showcase the region through various Olympic-related media. It has to be monitored noise, dust which is around the Olympic park. The waterways which runs around the park must need to be protected so that storing chemicals, oils do not run into the water ways. Arrange a huge event like an Olympic can easily effect on environment. It can be effect environment in different way like Carbon emission: In this mega event its very possible to environment effected by carbon emission. But Olympic committee has set an inspirational goal ââ¬ËTowards a One Planet Olympic. They try to keep carbon emission as low as possible. London 2012 has pledged to undertake a study of the carbon footprint of the Games. The first draft of the carbon footprint and associated carbon management strategy, including a reference scenario and numbers quantifying emissions, is due to be published by the end of July 2008. This will then be revised in light of lessons learnt in Beijing Energy: For running this Olympic it needs a huge amount of energy. There is a possibility lots of energy can be waste as well. So London 2012 planning a proper energy plan for reduces waste of energy. Waste: In this Olympic game there will be lots of tourist who will come from all over the world. In this time London population going to be increase as well as waste. Because lots of people will dumps huge amount of waste every day. It can easily affect on environment. As further plans for waste infrastructure and minimising food packaging and other Games time waste are developed over the next few years it will become clearer whether the positive goals for waste management will be achieved [http://www.london2012.com/plans/olympic-park/getting-ready/environmental-monitoring.php] Other stakeholder: London Development Agency which is a subsidiary of the Mayor of London, its investing around à £15 million for games and improvement of Lower Lea Valley. [http://www.londonnet.co.uk/ln/guide/about/olympics2012_stakeholders.html] Comparison with other Olympic: [P3] First of all lets have look at the Beijing Olympic 2008. Beijing Olympic can be treat as a one of the successful Olympic. Chinese President Hu Jintao declared open the 29th summer Olympic Games of Beijing in the National Stadium in north Beijing. For the Olympic they have built 12 new stadiums with 11 existing stadiums and 8 temporary stadiums. On the other hand for London 2012 Olympic one of the biggest Olympic park construction going on where the setting capacity will be around 80000. To prepare for Olympic visitors, Beijings transportation infrastructure was expanded significantly. Beijing airport had a major expansion, adding the new Terminal 3 which is the worlds largest airport terminal. They reopened the Beijing south railway station after remodelling. They have introduced Beijing-Tianjin intercity train to connect with co-host city. On the other hand for London 2012 Olympic the government has already introduced major construction for London underground, and approximately 7.7 million tickets are available for sale for the London 2012 Olympic Games. An estimated 1.5 million spectators are expected to watch the Paralympics Games.. If you compare the investment, London 2012 Olympic are investing for then Beijing Olympic. London 2012 has got more sponsor then Beijing Olympic. House of common has approved budget of 5.3 billion pound for construction of venues [http://getsmaart.com/student-guides/index.php/student-life-advice/London_2012_Update] Impact on local business: [P4] The London 2012 Olympic and Paralympics Games will bring a wide range of positive impacts to the region. These include transport infrastructure, employment, skills, and economic, social and environmental impacts. Many benefits include opportunities to showcase the region through various Olympic-related media. Many small business premises have to move away due to manufacturing the main park. Its really worse to business owner, because they have been doing business for long time and when move to new place it will take long time to settle down. On the other hand, During the Olympic number of tourist will increase. They will come to London to visit and they will spend money over here. So that its a great opportunity for the local business to increase the profitability. For business people, 2012 London Olympics will not be just a gathering of sports events and countriesââ¬ânot just for entertainmentââ¬âbut more than that, it is going to be a huge potential business. Many people from different countries, various races and colours, will converge in one place and this just means, great business opportunity. There is a great deal of investment that is being pumped into the country and the area in particular and many are looking at the business opportunities that will come about as a result of this huge sports gathering. The London 2012 Olympics will be a great venue for the local United Kingdom based athletes as they look to showcase their talents to the country at large. There are also some potential negative impacts to the region as a result of the Games. The South West may experience a decrease in tourism as a result of displacement or negative effects on staging the sailing events. Research shows there are a number of ââ¬ËOlympic aversion markets that can increase tourism flows outside host cities. A number of national and international tourists may choose to not visit the region during 2012 because of perceived congestion and overcrowding. Through a structured and co-ordinated approach, the South West can plan accordingly for the tourism opportunities of people staying away or at home during the Games themselves. One such market will be London residents wanting to escape the Games, and the South West is one of the UK regions that has recognised the potential of this market, with the South West England Legacy Strategy for the 2012 Games noting the potential to capitalise on the displacement of UK citizens from London; this can be mitigated by d eveloping events (big screen, festivals etc.) to attract visitors. [http://blogstuck.com/sports-sports-more-sports/2012-london-olympics-jobs-why-should-england-host-the-olympics/3239/] Impacts on economy: The total cost of the hosting Olympic 2012 will be around à £736 million and if could affect in welfare of London around à £4003 million. So that Olympic 2012 will affecting significantly to the local economy which can help to recover the recession. There will a great opportunity for the economy to be stronger. For example, The Olympic 2012 games will impact in London economy because many tourist will come here, the hotel business will increase at that time, Food, drink business will increase. Because many people, tourist comes here and they will buy food, drink for them On the other hand we should also know that hosting of Olympic could be courses for huge loss. For example we can tell about Munich Olympics 1972. They made loses of à £178 million and in 1976 Montreal made losses of à £692. If we look at 1984 los angels Olympic and 1992 Barcelona Olympics they made around à £215 million profit as because of the increased economic performance , creation of large market, and broadcasting rights. So that Olympic 2012 could affect significantly to local economy. Micro and Macro Environmental Factors related with Olympic: [P7] There are some uncontrollable factors which has got impact on the business organisation. As like that Olympic Games could be affected by some micro and macro environmental factors and it could influence on the number of tourist. Factors or elements in an organizations immediate area of operations that affect its performance and decision making freedom. These factors include competitors, customers, distribution channels, suppliers, and the general public. Example for Olympic 2012: ïÆ'Ë Competitor- There is no competitor in London 2012 Olympic ïÆ'Ë Customer- Peoples who buy the Olympic events ticket. ïÆ'Ë Suppliers- Construction firms, workers. For macro environment we can say the economic factors, environmental factor political factors, technical factors, social environment and for micro environmental factors it includes the supplier, stakeholders, government, and competitor. These are the factors has got significant impact on the Olympic Games also. For example currently the political, situation of UK is satiable. So that tourist can visit UK without any fear. So that each an every factor has got significant impact. Marco and Micro environmental factors also has got affect on SMEs growth. To find out the macro and micro environmental factors on the SMEs growth we can have a look on the PESTAL and Potters five forces Analysis. PESTEL analysis: [P6] It is a part of the external analysis when doing market research and gives a certain overview of the different macro environmental factors that the company has to take into consideration. Political factors include areas such as tax policy, employment laws, environmental regulations, trade restrictions and tariffs and political stability. Political Factor: A political factor is one of the major factors which have got significant impact on SMEs. In UK political situation is stable and Politian appreciates small and medium business. All the existing rules regulation of business and the spending power of the customers are very good for SMEs. Economic Factor: As marketers need to consider the state of the trading economy in the state of a trading economy in the short and long tern. The economic condition of UK is much better then any other country for SMEs. In UK economic growth is very good; customer has got more spending power. So that its very helpful for the SMEs. Sericulture Factors: the social and cultural influence on business very from county to country. As UK is a multinational country it a good place to do business. Peoples already adopted with so many culture and they do respect each other. Here people would like to spend so that its good for SMEs. Also when customers do perceived that their cultural values are being respected by the business as evident in its market(ing) strategy and customer handling, they will respond more positively to the business and its revenues will increase. Technological Factors: Industry change is driving insurers to reinvent themselves by building new strategies and deploying new technologies. But it isnt easy in the tight economic market to fund new projects while prioritizing investments. It is more crucial than ever to know when to be an early adopter, and when to be a fast follower. Kimberly Harris-Ferranti, research vice president, Gartner, Inc., recently discussed opportunities to achieve a first-mover advantage, and others where it is acceptable to follow the crowd. As UK is technologically advanced it easy to get access to the new technology which is helpful for SMEs and its easy to get competitive advantage. Environmental Factors: climate changing, global warming, waste management could affect the business significantly. Sometimes its not easy to adopt with new environmental factors. In UK people are concern about environment. Its difficult to do business without concern about environment. It may increase the cost for small and medium business organisation as they have spend extra money for the waste management or recycling. Legal Factors: Current law and order in UK is very friendly for the business. Small and medium business organisation can get help for the local authority and police any time. The legal environment is secure and government has introduced business friendly law and regulation Affect on SME Growth: [P9] There will be certain affect on the SME growth. It has been shown through Porters Five Forces. Porters Five forces The model of pure competition implies that risk-adjusted rates of return should be constant across firms and industries. However, numerous economic studies have affirmed that different industries can sustain different levels of profitability; part of this difference is explained by industry structure. Michael Porter provided a framework that models an industry as being influenced by five forces. The strategic business manager seeking to develop an edge over rival firms can use this model to better understand the industry context in which the firm operates. Rivalry: In the traditional economic model, competition among rival firms drives profits to zero. But competition is not perfect and firms are not unsophisticated passive price takers. Rather, firms strive for a competitive advantage over their rivals. The intensity of rivalry among firms varies across industries, and strategic analysts are interested in these differences. It could create following cost for SMEs 1. A larger number of firms 2. Slow market growth 3. High fixed costs 4. High storage costs or highly perishable products 5. Low switching costs As there are large numbers of SMEs in UK the completive rivalry is very high which is affecting it. As because of London 2012 Olympic games the number of competitor will increase. Threat of Substitutes: In Porters model, substitute products refer to products in other industries. To the economist, a threat of substitutes exists when a products demand is affected by the price change of a substitute product. A products price elasticity is affected by substitute products as more substitutes become available, the demand becomes more elastic since customers have more alternatives. A close substitute product constrains the ability of firms in an industry to raise prices In UK the threat of Substitutes are very high. For SMEs they have to take quick decision regarding substitutes. Its also affecting SMEs. Buyer Power: The power of buyers is the impact that customers have on a producing industry. In general, when buyer power is strong, the relationship to the producing industry is near to what an economist terms a monophony a market in which there are many suppliers and one buyer. Under such market conditions, the buyer sets the price. In reality few pure monopolies exist, but frequently there is some asymmetry between a producing industry and buyers. The following tables outline some factors that determine buyer power. In UK the buying power of customers are more and they have got more choice. In order to get more customers all the SMEs has to provide excellent customer service. As London hosting Olympic 2012 games its good for the SMEs that the number of Buyer will increase. Supplier Power: A producing industry requires raw materials labour, components, and other supplies. This requirement leads to buyer-supplier relationships between the industry and the firms that provide it the raw materials used to create products. Suppliers, if powerful, can exert an influence on the producing industry, such as selling raw materials at a high price to capture some of the industrys profits. The following tables outline some factors that determine supplier power. Like other big business supplier has got some power to influence the SMEs. Due to Olympic London 2012 number of SMEs will increase and if the supplier has got more power they may increase the price of the produced which may seriously affect the SMEs. Threat of Entry: It is not only incumbent rivals that pose a threat to firms in an industry; the possibility that new firms may enter the industry also affects competition. In theory, any firm should be able to enter and exit a market, and if free entry and exit exists, then profits always should be nominal. In reality, however, industries possess characteristics that protect the high profit levels of firms in the market and inhibit additional rivals from entering the market. These are barriers to entry Lets have a look its easy to enter into the market what will happen to SMEs and its difficult then what will happen: Due the London 2012 Olympic the threat of new entry will increase significantly which may affect lots of SMEs. We can easily realise the situation of UK. From the analysis we can say that UK the Competitor rivalry is very high, so that every day lots of small business organisations are closing down. Also buying power of customer is very high and supplier power also involved with this. Due to London 2012 Olympic the buying power, supplier power and rivalry will be very high. Existing SMEs have to take preparation for that now onwards. They have take plan in order to maximise the profit during the London Olympic 2012. Reference ïÆ'Ë http://www.londonnet.co.uk/ln/guide/about/olympics2012_stakeholders.html ïÆ'Ë http://www.london2012.com/plans/olympic-park/getting-ready/environmental-monitoring.php ïÆ'Ë http://getsmaart.com/student-guides/index.php/student-life-advice/London_2012_Update ïÆ'Ë http://www.wirednewyork.com/forum/showthread.php?t=6580page=53 ïÆ'Ë http://www.dailymail.co.uk/sport/othersports/article-413426/Coe-London-wont-grind-halt-Olympic-Games.html ïÆ'Ë http://www.activedorset.org/site/index.php?/news/2012/transport_plan_for_the_london_2012_olympic_games_and_paralympic_games ïÆ'Ë http://blogstuck.com/sports-sports-more-sports/2012-london-olympics-jobs-why-should-england-host-the-olympics/3239/ ïÆ'Ë http://www.best-family-info.com/sports/4667-benefits-of-london-olympics-2012-london-olympics-2012-logo ïÆ'Ë http://www.bymnews.com/news/newsDetails.php?id=630 ïÆ'Ë http://www.tfl.gov.uk/corporate/media/newscentre/archive/5410.aspx ïÆ'Ë http://www.le.state.ut.us/interim/2000/html/20001017OCCM.htm ïÆ'Ë http://www.pm.gov.pg/speeches/52-33rdindependeceanniversay
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