Chapter 6: How To Make Money In Newspaper Advertising What advantages do traditional print newspapers have for entering the online news business? What disadvantages do they have? The advantages that print newspapers have for entering online news are that it is relatively cheaper, there is access to a larger pool of consumers, enables more interaction with consumers and ease of update. Posting news online is less expensive because of the reduced costs of printing and logistics. This allows funds to be redirected into more essential sectors, such as research and development. Due to the proliferation of mobile devices, most people find it easy to access the internet anywhere and at any time. Therefore, through the internet, online news has the capability of reaching a more significant number of readers internationally. Websites have sections where readers can give their views on various news articles, and this provides instant feedback for the company. News posted on the internet can be updated or retracted as need be, without running any costs. The disadvantages of print newspapers entering the online news are that there…
Social Change and Policy Change Neo-liberalism supports free markets where resources are allocated in relation to supply and demand and encourages individualism, where citizens are expected to rely on themselves and the market for provision. Therefore, in the world of conservatism, the government rarely passes policy changes advocated by social problems as the government’s focus is on reducing its social responsibilities. Neo-liberal policies, such as those in the Chilean constitution, especially make it difficult to address social problems. In some cases, when the government passes policies, the actual reason behind the support is not the social change, but the reduction in responsibility that it offers or if it of political interest. Despite its economic success story, Chile is experiencing many social problems. Years of suffering pushed people to demand a constitutional change. A change that would address social issues, such as inequality, by safeguard the rights of the people and allowing citizen participation in the formation of policies and other political decisions. The problems faced by Chileans include social rights such as the right to education and healthcare and…
Labor Union Formation and Activity In the past, mainly blue-collar workers and white-collar workers whose pay were low formed unions to deal with issues such as poor working conditions, long hours, and low pay. Nowadays, employees in tech companies such as Google, with the best salaries and working environments, are beginning to push towards the formation of unions. There is an evident need for more union activities, and this is the case, globally. Employers are trying to relieve themselves from responsibilities such as pension coverage and health insurance. They are also making jobs less secure. Thus, workers need the bargaining power and collective voice that unions provide, now as much as ever. Although most unions behave ethically, others do not, engaging in the monopolization of the human resource supply to force employers to pay higher wages. In 2019, there was an intense debate in Kickstarter between the management and workers on whether images of people punching Nazis in a comic book should be allowed to raise funds on their platform. This was the tipping point for the workers, as…
Annotated bibliography on Crisis Management Derani, N. E. S., & Naidu, P. (2016). The impact of utilizing social media as a communication platform during a crisis within the oil industry. Procedia Economics and Finance, 35, 650-658. Derani and Naidu researched the negligent actions of the oil companies in the times of crises. The study reveals the effective use of various social media platforms in times of crises. It is concluded that social media is a useful tool in conveying information concerning current issues in public. Similarly, Taco Bell suffers from the effectiveness of social media that revealed that Taco Bell had intentionally mislabeled their products to deceive their clients misinforming their community. Weinmann, K. (2012). Advertising scandals in the business industry. Business Insider, Sep, 16. Weinmann did research and concluded that as with the Taco Bell case, “a communication practitioner should break down the effect of the emergency on the notoriety and improvement of the association.” According to the research, a crisis results in budgetary, reputational and operational harm. Fearn-Banks, K. (2016). Crisis communications: A casebook approach. Routledge. Fearn-Banks researched how contact…
Poverty in Suriname The Republic of Suriname, formally known as Dutch Guiana, is the smallest country in South America, located on the northern coast. It was a plantation colony of the Netherlands until it gained its independence on November 25, 1975. Despite its size, and with an estimated population of 580,400 in 2018, it is the most diverse in terms of ethnicity. However, seventy percent of its people live below the poverty line, making it one of the poorest countries in the world. The high level of poverty experienced in Suriname began with their colonization by the Dutch and has progressed due to poor governance and structural shortcomings. After independence, Suriname depended on Dutch aid for development, and this stopped in 2014. Their lack of financial support propelled them to focus on other sources of economic growth, such as bauxite, agriculture, oil, and gold. However, due to corruption and mismanagement by the government, poor health, sexual exploitation, lack of education, child labor, and violence, these economic activities have done little to improve the living standards of the citizens of…
Discuss and explain the characteristics of a perfectly competitive market A perfect market is a market where there are many buyers and sellers (Chang, 2015). The products sold in that market are usually identical, and one can enter ii and out of that market very quickly since there are no barriers. Characteristics In a perfectly competitive market, you will find so many firms that are selling identical products. All businesspeople in that market have knowledge accessibility (Chang, 2015). Even to those new potential businesses who want to enter the market, all information is usually perfect. Firms can enter the market and exit freely; there are no barriers put into restricting entry and exit. No firm can control the market or its conditions or influence the market. Therefore, the perceived price is usually as a result of the whole industry. In a perfectly competitive market, the contribution of all producers to the market is insignificant. Hence, an increase in the production of one producer cannot change the supply curve. What is the demand schedule, curve? What is a supply schedule and…
Development economics and population theory Introduction The assignment focuses on the development economics and theories of population focusing on control and its various aspects. The association that exists between the growth of population and the related economic development has been a subject of analysis for quite some period. Several economists have shared their sentiments concerning descriptions of the development of the economy, the growth of population, and how they affect the economy in the lowly developed economy, transition economy and developing economies. The Malthus theory stresses that the population expands in a mode which is geometric and the supply related with food is incremental depending on the arithmetic mode. The supply of food is used as a measure of arithmetic mode which is affected by produce from land which has chance cost for infrastructural expansion. Economic development refers to the procedure that a citizen’s quality of living is expanded. The increment of population standards of life through the rate of food consumption, healthcare provision, and education is dependent on economic factors and population theories. The political institution, social rules and…
Corporate Finance and Governance Describe the corporate governance system in the Chinese SOE’s? What are the main differences with the US system? The corporate governance system in the Chinese SOEs had been difficult due to the country’s economic structure. Major large corporations were owned by the government of the People’s Republic of China thus implying that the managers of these companies were liable for both the state policies, goals, and business matters. The government had a significant power and control of critical decisions made such as strategic planning among many others. The state-owned enterprises (SOEs) followed a two-tiered approach that incorporated a supervisory board and a board of directors where the board was responsible for running the company, and the supervisory board was in charge of supervising the of directors. When these SEOs went public, the government remained the major shareholder of the enterprises. The system of the Chinese State Owned Enterprises differed with that of the United States in many ways. Whereas in the state-owned companies in the Chinese economy, decision making was majorly impacted by the state or…
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…
CRISIS AND DISASTER MANAGEMENT Preventing mega destruction is the primary interest when technology is deployed in crisis and disaster field. There is a vast improvement in the last few years on how technology can be used to cut the destruction cost to reasonable amounts. Artificial intelligence deployment in the field focuses on giving correct predictions to any emerging or incoming disaster. The existing data on the different situations can be fed into analysis models to provide accurate simulation models of an absolute catastrophe extend. Top government agencies are working on the best programs to implement to deal with the rising cost of destruction each time a disaster or a crisis strikes. The paper focuses on determining the various artificial intelligence technologies which can be adopted to improve on disaster management department operations in the future (T & S 2019). The paper investigates the statistical data provided on disasters that have happened for the last few years and assess the potential benefits of employing AI technology in the field. The general cost of natural related disasters and crises is generally high.…