ShantanuT01/DACTYL-Pretraining huggingface dataset:
It is noteworthy that the iPad is a revolutionary product with numerous implications for those in the business world. The same also applies to those who intend to use the product domestically. While several negatives have emanated from different quarters, the general feeling, and expectation is for the product to revolutionize the way business and other office work takes place. Several factors guaranteed its positive reception, most notably the features it bears for its consumers. Foremost, the devise supports most of the applications that run on the iPhone, which was apple’s preceding invention. This makes it easier for users to have a transition from other devices to this with minimal discomfort and inconveni
Introduction: Basic Overview of Business Report The business report under analysis is issued by National Marine Fishery Service for the purpose of exploring the existing business projects and legislatures aimed at reducing overfishing and by-catch mortality as well as expanding and developing an eco-friendly aquaculture. The report provides a basic overview of fishery management, measure taken for habitats conservation, analysis of protected resources, advances in science and technology, international concerns, law enforcement, and organizational future perspectives. Finally, the report discusses the main plans and programs that will ensure safety of citizens, as well as ecological food production within a newly created aquaculture. Defining the Main Critical Points of the Report Outcomes Within a fishery management context, the report primarily focuses on the provisions of the Magnuson-Steven Fishery Conservation and Management Reauthorization Act issues in 2006. According to the act, it is necessary to end overfishing by promoting novelty approaches to fishery management, improving data collection, addressing illegal issues of fishing, and enhancing international cooperation. In this respect, setting up an annual catch limit (ACL) creates a solid platform and a starting point for reducing overfishing, which is of paramount importance for NOAA Fisheries Service (NOAA Fisheries Service 3). Adhering to major principles of the Act can ensure “a sustainable supply of wild seafood, socially and economically vibrant fishing communities, and healthy marine ecosystems” (NOAA Fisheries Service 3). Furthermore, the report focuses on the mission to progress fishery management in accordance with the National Environmental Policy Act (NEPA). In addition, MSRA has guided the NOAA Community-based Restoration program aimed at implementing safety habitat restoration programs. As per minimizing by-catch, a new rule was issued to take control of fishing gear and increase the survival of the spices being under the threat of extinction. There was also a Governmental Performance Results Act that demonstrated and controlled the tax payment spent on achieving the above-established objectives. To monitor the programs fulfillment regular data collection and statistics was carried out. Regarding the program on preserving the endangered species, the report reveals that the Open Rivers Initiative under NOAA accomplished three projects to have restored 30 miles of rearing and spawning habitat for migratory fish, including Calapooia River (NOAA Fisheries Service 12). The programs also foresaw protection of coral reefs. Specifically, the report highlighted the necessity of introducing a fishing ban on territorial waters and presented plan on developing on a network of protected areas, particularly reef ecosystem
Introduction With the increasing tension and struggle for both economic and political control, the world powerhouses are busy formulating laws. These rules are geared towards enabling the superpowers to bargain more political and economic control. However, Japan, the second-largest economy in the world, is using a different approach. In the pursuit of economic prowess, the Japanese government has adopted the non-interventionist policy; this seeks to avoid an imminent conflict of interest with other powers. Main Body The above policy seems to favor Japan. Japanese ambassador to the UK iterated this point arguing that the neutral stand will significantly benefit Asia’s most powerful nation. However, economists remain skeptical terming Japan’s non-interventionist policy as “reactive and exceptional.” According to the Realist Theory, “unrealized powers” like Japan can utilize its neutral policy to the argument for significant economic diplomacy in the international system. The Japanese foreign policies are extremely restrictive because it entails a lot of bureaucratic procedures. A section of economists expresses their frustrations arguing that Japan has an entrepreneurial system at the expense of foreign policy. The US has for a long time developed an interest in Asian territory. In the year 1853, the US wrote a letter compelling Japan to open itself for trading activities with the Western World. Prior to the Edo period (1600-1868), the Japanese government had not modernized its states; this letter ended that period and signaled the onset of intensive trading activities with the US. Massive industrialization marked this time. Japan adopted more conservative ideologies ranging from the ethical code of Samurai to the ritual of Emperor Worship. These ideas seek to mobilize a significant Japanese population towards industrialization, militarization, and imperialistic expansion. Unfortunately, the Allied presence in Japan since 1945, for six years compromised its economic stability. The US championed the democratization process of communist Japan as well as demilitarizing Asia’s powerhouse. The Western States adopted an indirect strategy that seeks to ensure that Japan intensifies its political activities in the international scene. This approach raises a question; should the Japanese government conform to the Western Pressure and adopt the interventionist policy, or it should remain neutral on international affairs? A more conservative regime led by the Liberal Democratic Party came into power from the year 1955-1993. Poli
Commodity Markets: Customers Rule Generally, consumers dictate market dynamics, example, if consumer demand is high, the market will respond by increasing supply and vice versa. The market response process entails six fundamental stages. To understand the market response dynamics, market-level diagrams have to be constructed. Figure 1 and 2 demonstrates how individual demand curves and supply curves can be used to derive a market demand curve and market supply curves respectively. The two figures show that when more buyers and suppliers enter into the market, the market demand and supply curve shifts. Decrease in demand or supply will shift the aggregate demand or supply curve on the opposite direction. Figure 1: Deriving a market demand curve Figure 2: Deriving a market supply curve The three individual supply curves are the portion of the suppliers’ marginal cost curve that lies above their average variable cost curve. In the real commodity market, the number of suppliers and buyers are very many. For this reason, the market demand and supply curves are highly compressed. Figure 3: Representative supplier and the market equilibrium Figure 3 shows the cost structure of a representative supplier and the market equilibrium. The long-term market equilibrium satisfies three conditions, that is, demand and supply equals, the suppliers are maximizing their profits, and the profits made by the suppliers are enough to guarantee their sustainability. It is important to note that at the long-run equilibrium P=AR-MR=MC=ATC=LRATC. An increase in commodity demand shifts the market demand to the right as shown in figure 4. This represents the first step. Q’ units of the product will be available at the prevailing price. Since demand is positively correlated with price, the suppliers will increase their price to p 1 in order to equate the new demand and supply. As the price increases, a number of buyers will react by reducing their demand (Q’ to Q 1 ). This represents the second step. At the same time, suppliers will increase supply along the individual marginal cost curve and as a group along the aggregate supply curve. The increase in supply is due to the fact that individual suppliers normally maximize profit when they operate on their marginal cost curve at the prevailing price level. Suppliers cannot increase supply without increasing prices. Increase in supply without price increment means the marginal cost
Introduction The hospitality industry in Cyprus has grown over the years due to the increasing number of tourists who come to the country regularly. Many hotels and restaurants have sprung up making the industry very competitive. Londa Hotel is one of the most successful hotels in this country. However, this firm must find ways of maintaining this level of success despite the increasing levels of competition in the industry. The only way of doing this is through customer relationship management. According to Marra and Bogue (2006), customer relationship management has become a critical component of marketing that any firm cannot afford to ignore. This paper seeks to develop a customer service plan for the Londa Hotel that will help it to develop and retain a pool of loyal customers. Customer Service Plan Tourism remains the central pillar that supports the hospitality industry in Cyprus. It means that most of the visitors who frequent hotels in this country are people coming from various parts of the world. For this reason, the management of this hotel should find a way of meeting the needs of the clients who visit to turn them into evangelists. As they leave the hotel back to their country, they should be able to recommend this hotel to friends and relatives who are planning to visit the country. In this strategy, the point of focus will be to outline factors that the management of this company should consider to ensure that its customers get the best value. Factors to Consider When Managing Customers To improve service delivery, the Sales and Marketing unit of Londa Hotel will need to consider the following factors: Attentiveness In this industry, the impression that customers get on their first visit means everything in terms of attracting and retaining them. The hotel should remain attractive at all times. It should be clean and with the right equipment in the right places. It will convince customers that they are cared for at the facility. Appearance The management of the hotel should ensure that it remains organized and with the right themes based on tastes and preferences. It means that it may be necessary to have different themes in different lounges just to ensure that a client is offered a variety of choices. Speed of service According to Bhatnagar, “Speed is an important factor that this hotel must give special attention,” (2006, p. 45). Londa is a five-star hotel that is frequented by the rich. This segment of customers is always very demanding. They do not tolerate lateness and neither do they tolerate poor service delivery because of the high prices they are willing to pay. The hotel must be prompt in offering their service to these customers. Friendliness In t
Introduction General Motors Company commonly referred to as GM is one of the largest automakers in the world. It started its operations back in the year 1908. It’s global headquarters is in Detroit. GM employs close to 210,000 people in every major region of the world and its operations are spread in more than 120 countries. GM produces cars and trucks in 31 countries and the company sells and provides service to these vehicles through well known brands like Buick, Cadillac, Chevrolet, GMC, Daewoo, Holden and Isuzu among others. China is the GM’s largest market. General Motors has continuously enjoyed a welcome to the market and that is the reason why it was able to grow very fast. The market attention that General Motors got was not like the one its founders anticipated. Soon GM made a lot of profits and eventually became one of the top 200 companies that were accepted in motor car market (General Motors, 2011). During the 1900’s, a lot of motor companies found themselves in financial problems. This posed a market opportunity for GM. It bought companies that built car parts as well as accessories. In the year 1908, the wide range of companies started operations under the umbrella of GM. This made GM to control a significant number of market share in automobile. This as well made GM to experience high rate of growth than experienced before.GM continues to make world class cars and trucks but of late it has been faced by a number of financial problems. The financial problems have been caused by various factors but key among these include resisting change, health care for retirees, too many dealership and pensions among others. It is clear now that General Motors has awakened to financial problems and worries. Of late it has grown desperate for a federal bailout. The question which financial analysts and interested parties are asking is whether the bailout will postpone the inevitable given the internal and external factors at play or not (General Motors, 2011; Burtonshaw-Gunn & Salameh, 2009). About The Video The video is about the financial problems facing GM. GM is facing many financial problems which have been brought about by many factors. The video highlights some of the financial problems of GM. The video starts by showing the audience small part of a graduation party. The party took place in the last spring at Colombia University. The graduates are MBA students. The GM manager poses a series of questions to the students and they give responses. One of the questions which the manager asks the students is the numbers of students who will go to Wall Street and to New York. There is also a question about the number of students who are going to California High Tech. Then there is a question about the number of students going to Detroit Industry. The reason behind this was to show what was good for GM and what direction GM should proceed in. One of the students brings the issue of GM bankruptcy when he is asked about working for GM. The General Motors had lost $4 billion the previous year and had
An Editorial Essay The most powerful tool that an individual can have to ensure quick solution of a problem is information. All our daily undertakings that contribute to the overall social, political, and economic development at local, national, and international levels depend on how well we are informed of the emerging issues (Stadler, Para. 2). Thus, media houses have a key role in promoting development, and should be given necessary freedom to deliver their services effectively. However, if control is not given over the operation of the media houses, then their intended purpose may be abused. This has often created conflicts in some countries. In the article entitled “School Discipline Coverage in Australian Newspapers: Impacts on Public Perceptions, Educational Decisions and Policy”, Fields examines the roles that media plays in shaping a country. As Fields (4) argues, it is indeed true that much of the information that an individual possesses and was not given in school is obtained from the media houses. We get the information from the newspapers, radios, and television. Presently, there is a variety of online media outlets. In as much as we might challenge media outlets for exaggerating or giving false information, the public also needs to take an initiative of establishing validity of the statement(s) that come out of the outlets. Quite often, we have seen media houses withdrawing certain statements. This usually follows a suit by an informed individual who was either victimized by such a statement, or just acting in a neutral capacity to prevent possible consequences of the statement. Being a business organization, a media house may rush into an issue prematurely to capture much audience. While this is contrary to the professional ethics, the public has to understand such cases and make informed judgments. The issue of discipline among students in school should be a point of concern for every educational stakeholder. Teachers and parents are the key players in ensuring that students are shaped into the right individuals in the society. In addition, culture that is developed in the society will help shape the behavior of the students (Stadler, Para. 10). There are programmes in the media houses that can influence behavior of students positively or negatively. Here, parents and teachers are better placed to identify and let the student access programmes that are beneficial to them. Besides, the article portrays media presenters as having little or no knowledge at all in Statistics. However, owing to the nature of the career that could land an individual into the field of journalism, incorporating deep study of statistical procedures would simply lower the overall quality of the journalism. Usually, figures that they report alongside their implication to the public should come straight from the source of such information. For instance, the interpretation of the figures concerning population of a country should be done by the officials from the National Bureau of Statistics or any other agency charged with the responsibility. An integrated system should then be adopted that expands coverage of the media sector
The incident described by the engineer working at Eight Mile Road plant demonstrates the imperfection of functioning of the indicator of the state of a pressure relief valve. Such situation can lead to serious complications, including fuel damage if the reactor operates at full power. My boss claims that the memo I have written cannot be passed on. Therefore, I need to obtain the official memo from my engineer colleague from the plant, but he promises to write it only in two months. Various stakeholders will be affected by my decision. Besides me, other nuclear engineers, employees at Eight Mile Road plant and other nuclear plants, the members of the United States Nuclear Regulatory Commission, the public living near the plants, and the nuclear industry will be impacted by my further actions. In addition, my decision can have long-term effects on the environment. According to “The Atomic Energy Act of 1954”, protecting the health and safety of the public while developing and using nuclear power in production and utilization facilities is considered the national interest (16). “Energy Reorganization Act of 1974” also emphasizes the necessity to enhance environmental quality and assure public safety (233). Therefore, as a nuclear engineer, I am obliged to work according to the interests discussed above and make professional decisions guided by the fundamental laws in the nuclear industry. As a nuclear engineer, I have a duty to follow the engineering code of ethics. As an employee of the company, I have a duty to contribute to the profitability of the enterprise I am working for, prevent possible problems related to improper functioning of reactors it produces, and follow the rules accepted in the firm. As a member of society, I have a duty to take all necessary actions needed to prevent the situations putting a serious threat to public health, the welfare of people, and the safety of the environment. Duties based on engineering code of ethics mostly coincide with the duties I have as a member of society and appear to be the most important ones. I can consult peers, mentors, and superiors to make the most appropriate decisions. I would consult my boss to ask for a piece of advice what can be done and how to behave so that my duties are fulfilled. The first possible course of action includes seeking for the methods of affecting the engineer colleague to receive the official memo as soon as possible, without waiting for it for another few months. Another possible course of actions includes waiting for the official memo for few months and taking further actions only after it is completed. The first course of action will let me fulfill all of my duties, as it enables me to follow the ethical code of an engineer, follow the rules of my company, ensure the safety of nuclear plants, and protect the society from possible health and environmental issues. The second course of actions will enable me only to stick formally to official rules of the company but can lead to unexpected incidents at the plants using reactors built
Introduction In the mid 1990s there was an evolution in the developed countries. This evolution caused economies to shift from industrial based to asset based wealth economy. Previously, the economies relied on manufacturing based wealth producing economy to generate wealth which was proven unproductive. Economies have recorded exceptional growth with the adoption of asset based wealth producing economy. This new revolution was termed as the new economy. According to Hengyi and colleagues (2001), the United States had a track record of slow economic growth in early 1970s with the old industrial based wealth producing economy. Around 1995, the economic growth accelerated due to improved productivity. However, the performance was still low averaging to about 1% per year labor productivity level between 1972 and 1995. With the adoption of the new economy wealth production, the recorded growth was 2.65% between 1995 and 1999. The new economy was proven effective and productive in US around that time. This paper seeks to address the effect of the new economy on the overall corporate performance. The paper will first focus on the emergence of the new economy and discuss some assumptions that were made concerning the new economy. The paper will then outline the differences between the new and the old economy. The next focus will be on the emergence of institutional investors with the so called new economy and the evolution they caused on the old economy companies. Lastly, we shall look at the shareholders value and the effect on the corporate performance. The New Economy As defined by answers.com, the new economy is a digital economy characterized by industrial sector with intensive use of information technology, basically telecommunications like internet. In this economy, computer based systems are used in production and distribution channels. The new economy may also represent the evolution in the world of business as a result of adoption of internet technology (Williams, 2000, p.43). During the 1990s US economic expansion, the stock markets emerged which really changed the business sector. The new economy as of 1990s was evidenced by the emergence of the new companies or startup companies. There was also new approach to business activities due to use of new technology, telecoms and media. In addition, there was a revolutionized way of trade; new methods of purchasing goods and services and delivering them to the consumers. All these new dimensions of trade characterized the new economy. Hengyi and colleagues (2001) stated that digital technology was the key drive in this new economy. This technology brought about several developments; most sectors