Pricing strategy Essay Example for Free

Pricing strategy Essay Home depot is a store dealing with home appliances and other household consumables. I will look at the pricing strategy of refrigerators. Most prices of different brands of refrigerators are set to match the prices of their competitors. This is because mostly the competitors are operating in the same environment. it is essential to offer better quality brands with the same price as competitors. However when setting the price, the objective is to ensure profitability of the firm is taken care by the price set. The profit firm must incorporate capital requirements and the associated gains that cover the expenses of the organization. Always the profit considered in price setting is equals to price less cost of sales. While capital gains is equivalent the current assets and fixed assets running costs.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In choosing the target, market for refrigerator is made during the construction of sores. However the in which they are operating attracts the customers. Take an example of the New York most people have excess disposable income to spend and there are utilities that support the refrigerator in almost all homes.   The company has reported that they have high expectation in the stead rise through to 2025 for product. Another important factor in the increase of consumers are the aging population with large pensions and young business executives with more excessive funds. In fact, this two groups forms an important consumer segment of home depot refrigerators. The customer has carried the consumer assessment they have adapted market oriented determination and differential.   References   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Schaik J.L., (2002); The Task of Marketing Management; J.L. van Schaik (Pity) ltd

How a leader can change a society :: Leadership

How a leader can change a society Leaders of the world and of any country particular plays most important role to achieve genuine happiness of its people. Good and capable leader leads its people and country to a peace and prosperity, while the cruel and incapable leader bring people to the world of sufferings and ultimately ruin country. Leader must not only be educated and experienced but it is important to be a compassionate and sensible to the problems faced by their people. Leaders of the government should win the trust of people by being strategically friendly avoiding any kind of provocation or war with neighboring countries and must also allow a degree of transparency in the day to day working and the governance of the country. In my view most important character of a good leader is that they must be compassionate. Having a personality of caring about people is important. You can?t be a good leader unless you generally like people. That is how you bring out the best in them. No matter what credential they have and how much experience they have in administration but without being compassionate they can't ever become a responsible and successful leader. For example Hitler is known for his cruelty and he had no feelings for his own race. He failed to understand the feelings of Jews and thus persecuted them. He also failed to know the fact that the strength of his country lies in them, while opposite is Mahatma Gandhi, a major political and spiritual leader of India, followed nonviolent actions, avoiding any bloodshed in the country during their struggle for Independence. Because of his compassionate nature many leaders in today's world has looked him upon. So leader must be compassionate first without being in fluence by any ulterior motive. Secondly, with compassion, leader must be far-sighted and able administrator. He must be able to organize his government in a way that it would reach the grass root level. No section of the society should be left out. Policy or scheme initiated for the benefit of public must be implemented in such way that it should not get politicize and corrupt during the process of implementation. Administration should notice and reach the problems being faced by public and tackle it on time without unnecessary delay. And most important of all he must knows well about the interest of country in today's global world and able to create a conductive atmosphere to achieve lasting peace and prosperity in global village.

Newton’s Second Law Lab

Newton’s 2nd Law Lab Introduction: The purpose of this lab was to prove Newton’s 2nd Law; which states accelerate equals force divided by mass (a=F/m). During this lab we were trying to find out the relationship between acceleration, force, and mass by using a air track, glider with picket fence, and photogates. Before I did the lab, I had already knew that acceleration, force, and mass were related. I just didn’t know how they were related. When recording the results of this lab we had to record the applied force in Newton’s.Newtons’s is a unit of measurement represented in m(meters) divided by s2(seconds squared). I think that F/m=a because in Newton’s second law, he tells us that force is equal to mass times acceleration (f=ma), so if you take the mass and divided by both sides to cancel it out on the right, you would end up with a=f/m. Procedure: First we weighed the glider and fence with the string attached, in kg(kilograms). Then we rec orded in the table. Next we weighed the mass of the hanging weight in kg and recorded it in the table.Then we found the total mass being accelerated in kg by adding the mass of the hanging glider to the mass of the hanging weight. Fourth we found the applied force by taking the mass of the hanging weight and multiplying it by 9. 8(gravity). Then we found the theoretical acceleration by using the formula a=F/m and plugged in the total mass for m and the applied force for F. By taking F and dividing it by m we can up with the theoretical acceleration. We then looked on the time graph and found the experimental acceleration by looking at the slope of the velocity time graph and recorded it on the table.Lastly we found the percent difference by taking experimental acceleration, subtracting it from the theoretical acceleration, and then dividing that answer by the theoretical acceleration. We then took that answer and multiplied it by 100 to give us a percent. We then reweighed the glide r each time and increased the mass of the hanging weight. Then we repeated steps three through seven, 15 more times so we had enough data. Results/Observations: Result are on the attacked sheet. Durning the lab, I observed that the more mass that was on the hanging weight the less accretion.Also the more mass, the faster the glider went. I also noticed the more weighted you taped onto the glider the faster the glider went. Analysis/Conclusion I think a=f/m because in Newton’s second law, he tells us that force is equal to mass times acceleration (f=ma), so if you take the mass and divided by both sides to cancel it out on the right, you would end up with a=f/m. After this lab, we proved that this theory is right because when you look at the theoretical and experimental acceleration data and you look at the percent difference, they vary from 2. 6% to 18%, which is really good.The numbers are not perfect because of errors in the lab. Some of the possible errors could be from, s oftware calculation and the way we rounded our numbers, the air track had a little bit of friction and the weight of our hanging weight could have hit the ground and fell off before the picket fence went threw the the photogate. In conclusion, our lab proved that acceleration does equal force divided mass because when we took the applied force and divided it by the total mass and come up with the theoretical acceleration, our data result came back with an average percent difference is 5. 04; which is less then 10%!

Qilinâ€The Chinese Unicorn

The qilin or Chinese unicorn is a mythical beast that symbolizes good luck and prosperity. According to tradition in China, Korea, and Japan, a qilin would appear to signal the birth or death of a particularly benevolent ruler or sage scholar. Because of its association with good luck, and its peaceful, vegetarian nature, the qilin is sometimes called the Chinese unicorn in the western world, but it does not particularly resemble a horned horse. In fact, the qilin has been depicted in a number of different ways over the centuries. Some descriptions state that it has a single horn in the middle of its forehead—hence the unicorn comparison. However, it may also have the head of a dragon, the body of a tiger or a deer, and an oxs tail. The qilin is sometimes covered with scales like a fish; at other times, it has flames all over its body. In some tales, it can also spout flames from its mouth to incinerate evil people. The qilin is generally a peaceful creature, however. In fact, when it walks it steps so lightly that it doesnt even bend down the grass. It can also walk across the waters surface. History of the Qilin   The qilin first appeared in the historical record with the Zuo Zhuan, or Chronicle of Zuo, which describes events in China from 722 to 468 BCE. According to these records, the first Chinese writing system was transcribed around 3000 BCE from the markings on a qilins back. A qilin is supposed to have heralded the birth of Confucius, c. 552 BCE. The founder of Koreas Goguryeo Kingdom, King Dongmyeong (r. 37-19 BCE), rode a qilin like a horse, according to legend. Much later, during the Ming Dynasty (1368-1644), we have solid historical evidence of at least two qilin showing up in China in 1413. Actually, they were giraffes from the coast of Somalia; the great admiral Zheng He brought them back to Beijing after his fourth voyage (1413-14). The giraffes were immediately proclaimed to be qilin. The Yongle Emperor was naturally extremely pleased to have the symbol of wise leadership show up during his reign, courtesy of the Treasure Fleet. Although traditional depictions of the qilin had a much shorter neck than any giraffes, the association between the two animals remains strong to this day. In both Korea and Japan, the term for giraffe is kirin, or qilin. Across East Asia, the qilin is one of the four noble animals, along with the dragon, the phoenix, and the tortoise. Individual qilin are said to live for 2000 years and can bring babies to deserving parents much in the manner of storks in Europe. Pronunciation: chee-lihn