Health and well being of children As an Early Years practitioner there are a huge number of different factors which you have control over that will influence a child’s health and well being. Many people think that well being is only connected to food and nutrition but this is not the case and there are huge numbers of things that have an impact on children. Each should be understood and the methods of the practitioner need to revolve around giving the best possible environment for children in your care. Providing a welcoming environment The environment which a child is raised in will have a huge impact on their development. Since the environment in a setting will influence the care that a child receives as well as their learning and their opportunities, it will most probably have the largest affect on a child’s well being. Providing a loving and warm environment for all children in your care will ensure that each feels welcomed and supported. This will help children to develop and grow quickly in your care and fulfill their potential…
shifting global oil prices to examine the models of demand and supply Abstract This paper examines demand and supply determines the prices of products in the market. The demand and supply models focus on two major groups, the sellers and the buyers. Demand refers to the amount of service or goods consumers are willing and able to purchase at each price. Demand is based on an individual’s wants and needs by which customers can differentiate, but according to economists, wants and needs are the same thing. Supply refers to the quantity of service or goods a producer is willing to supply at each price. Price relates to the amount received from each unit of service or goods sold by the producer. The price increase will always lead to an increase in the supply of services or goods, and subsequently, the decrease in price will lead to a reduction in quantity supplied. This paper has focused on shifting global oil prices to examine the models of demand and supply. Three recent newspaper articles have been utilized in the literature review section…
compare and contrast the US economy to that of countries in the world Introduction Macroeconomics involves aggregate structure of an economy, performance, and behaviour of the economy while microeconomics focuses on impacts and decisions of individual participants of the economy (Rode, 2012). Macroeconomics include gross domestic product (GDP), price levels, inflation, unemployment, national income, and economic growth (Singh et al., 2011). The United States (US) economy is a mixed type of economy and highly robust. Mixed economy is whereby there is government intervention in a market as well as supply and demand forces controls the market (Caballero, 2010). The topic will use data from various credible sources to compare and contrast the US economy to that of countries in the world. Literature Review According OECD Economic Outlook, the GDP of the US will drop from 2.3 percent in 2019 to at the rate of 1.9 percent in 2020. The unemployment will remain below 4 percent in 2020, while the inflation rate will increase to 1.8 percent in 2020 from the rate of 1.6 percent in 2019. The business fixed investments…
DIGITAL MARKETING, BRANDING AND STRATEGY Introduction Brand revitalization is a strategy used by many companies for marketing a product that has reduced profitability and has matured in its product life cycle. It is trying to bring back a product in the market to secure the equity sources e.g., consumers of the product. A brand can be revitalized to increase in competition, improvement of the relevance of the brand, meet the needs of different customers in the world, merging of two companies, and change in technology or legal issues. (Keller, 2015) A product can be revitalized by changing its name, repackaging it, or repositioning the location of the product. For instance, “Brand Revitalization of Heritage Enterprises for Cultural Sustainability in the Digital Era: A Case Study in China.” This was to resolve the simultaneous decline in the brands of Heritage to ensure that they attain cultural sustainability and improve on the commercial utilization of the brands. (Li, et. al., 2019) A brand first gets established in the market, grows, expands, and becomes successful, or becomes popular amongst the users. In their existence…
Assessment of Benefits of the Efficient and Accurate Inventory Management to DLA In most cases, efficiency and effective management of an inventory is essential in expanding the market reach of a given organization, increasing the sales volume as well as ensuring efficiency in the delivery of the services of the organization to the customers. Buoyed by the integration of technology through the partnership with several established companies, the Defense Logistics Agency has immensely benefited from the interventions put in place by LMI to manage its inventory. From the initial stages, the organization was determined to expand its service delivery, scale down its inventory, efficiently manage items, and addressing the infrequent demands from the customers. In this regard, the DLA contracted the LMI to realize these targets without sacrificing mission-readiness effectively. Through the use of the Next Generation Inventory Model and Peak Policy approach, LMI has made astounding strides in dealing with the inventory of DLA. The applications and the methods in place have effectively ensured that DLA stares at improved paces as far as inventory management is concerned. The following…
performance measurement approach, and measure performance results and behavior Introduction Measuring performance is an area of concern for many organizations in the modern business environment. An organization’s ability to measuring its vital activities at different levels of the organization is necessary in today’s fast-paced commercial world. However, there is minimal knowledge of performance management and how to turn the theoretical aspects of real-life applications. One such example is how the performance indicators are rarely associated with objectives and the organization’s overall vision. Time-critical activities are often not followed up accurately, and this tends to affect overall performance outcomes. Supply chain management in the retail industry is the primary source of growth and dominance for large retailers like Walmart. From the purchasing point of their products from wholesale dealers and suppliers to distribution to all the stores, costs, and the poi sale in the stores, these processes require an elaborate and efficient system (Borgonovi et al., 2018, p.60). Therefore, the overall performance of the organization depends on how the supply chain system works as it is at the core of the…
Effects of Corona Virus on Trade, Companies, and Tourism Introduction The coronavirus outbreak has killed off a good kick start of the year. This virus, which its first case was reported in China, has killed over 2,000 people and more than 80,000 people have been infected. This virus travels so fast and has seen these numbers increase very rapidly at a rate of even 60%. China is one of the renowned countries when it comes to businesses, especially with exports. This high air traffic opened doors for the distribution of this virus. Even though most countries have been on lockdown ever since the outbreak of this virus, it has been witnessed that it is still being passed on to other countries. Now, it is not only China who have this epidemic but most of the Asian countries as well as some of the European countries and some parts of Africa. The numbers of people dying due to this virus keep on rising each day and have greatly affected the global business. This has been witnessed even with the gradual infections…
Effects of a shift in demand and supply Question 1 If the government increases the unit sales tax, the price of products will go up. It will affect even the older products in the market. The companies will pass this imposed tax to their customers through the final product, which therefore makes the supply curve does not affect. This will increase the marginal cost per unit, which will, in turn, lead to a higher or lower supply of goods, depending on the prices at that time. Demand increases as prices go up, which therefore shifts the demand curve to the left. This is as a result of the imposed tax. If the producers increase the cost of the goods and services, then the demand decreases. This, therefore, leads to a lower supplier of these goods and services. This surpasses the amount of products in stock for supply since the demand is down (Shapiro, Alan, Paul). Therefore the new tax would likely create a disequilibrium due to the increase in market price. This market price could be above the equilibrium, and…
Supply chain management operation Introduction The study assignment discusses specific key terms like product service system, servitization concept, and the aspects of exchange values and value of use. A short literature review regarding the concept of servitization has also been discussed, where various principal authors have stated their key ideas and thoughts regarding this process. The servitization concept is considered to be new in the market, and it says about specific changes regarding adaptability based on its operation of apple incorporation. Hence in this area, the primary customers, the necessary products and services, or other order winners and order qualifiers in this case. Lastly, the aspect of at least four of eight questions along with a suitable conclusion at the same time. Discussions a. Product service systems The initial critical ideas behind the concept of a product-service system which is related to the consumers and them not only demanding certain products instead, they are seeking specific utility in the products and services by using specific products or services that they can provide. Hence these services are highly useful in meeting…
Challenges faced by incident handlers in identifying incidents in case resources are moved to a cloud environment Undoubtedly the sector of Information Technology (IT) has been highly benefitted by the revolutionizing concept of cloud computing. This system offered services that produced transformative alterations in online activities, along with introducing several technical and economic opportunities. Although there are present some technical and security issues that add to the drawbacks of the mentioned system. It is observed that many cloud system users find it threatening to move their resources or IT needs to the cloud environment due to their concern about the cloud security protocol. Sometimes the sharing or moving of resources is also hindered due to the invading tendency of outside agencies. The cloud service providers deny the user to analyze their resources in the cloud, which ultimately challenges the digital investigation procedures. Duplication of the stored data and multi-tenancy in the cloud system challenges the incident handlers in marking and segregating the pieces of evidence as demanded by the digital forensics. As we are aware that the traditional method of…