Monday, September 30, 2019

Automobile and Large Mass

There was once a little boy of 6 years old called Lewis. One day, as he was looking out of the car window on his way to school, he discovered that a large mass of grey smoke was forming just above his dad’s car. Somewhat alarmed, Lewis looked at the other cars on the road to find out if they too had a cloud of grey smoke chasing them. To Lewis’ surprise,  all the cars travelling on the motorway had the grey smoke hovering around them. There was once a little boy of 6 years old called Lewis. One day, as he was looking out of the car window on his way to school, he discovered that a large mass of grey smoke was forming just above his dad’s car.Somewhat alarmed, Lewis looked at the other cars on the road to find out if they too had a cloud of grey smoke chasing them. To Lewis’ surprise,  all the cars travelling on the motorway had the grey smoke hovering around them. There was once a little boy of 6 years old called Lewis. One day, as he was looking out o f the car window on his way to school, he discovered that a large mass of grey smoke was forming just above his dad’s car. Somewhat alarmed, Lewis looked at the other cars on the road to find out if they too had a cloud of grey smoke chasing them.To Lewis’ surprise,  all the cars travelling on the motorway had the grey smoke hovering around them. There was once a little boy of 6 years old called Lewis. One day, as he was looking out of the car window on his way to school, he discovered that a large mass of grey smoke was forming just above his dad’s car. Somewhat alarmed, Lewis looked at the other cars on the road to find out if they too had a cloud of grey smoke chasing them. To Lewis’ surprise,  all the cars travelling on the motorway had the grey smoke hovering around them. There was once a little boy of 6 years old called Lewis.One day, as he was looking out of the car window on his way to school, he discovered that a large mass of grey smoke was forming just above his dad’s car. Somewhat alarmed, Lewis looked at the other cars on the road to find out if they too had a cloud of grey smoke chasing them. To Lewis’ surprise,  all the cars travelling on the motorway had the grey smoke hovering around them. There was once a little boy of 6 years old called Lewis. One day, as he was looking out of the car window on his way to school, he discovered that a large mass of grey smoke was forming just above his dad’s car.Somewhat alarmed, Lewis looked at the other cars on the road to find out if they too had a cloud of grey smoke chasing them. To Lewis’ surprise,  all the cars travelling on the motorway had the grey smoke hovering around them. So Lewis asked his father: â€Å"Dad, what’s that grey smoke above our cars? † Lewis’ father was a little surprised by the question, but answered: â€Å"Well, Lewis, it’s called pollution. † There was once a little boy of 6 years o ld called Lewis. One day, as he was looking out of the car window on his way to school, he discovered that a large mass of grey smoke was forming just above his dad’s car.Somewhat alarmed, Lewis looked at the other cars on the road to find out if they too had a cloud of grey smoke chasing them. To Lewis’ surprise,  all the cars travelling on the motorway had the grey smoke hovering around them. So Lewis asked his father: â€Å"Dad, what’s that grey smoke above our cars? † Lewis’ father was a little surprised by the question, but answered: â€Å"Well, Lewis, it’s called pollution. † There was once a little boy of 6 years old called Lewis. One day, as he was looking out of the car window on his way to school, he discovered that a large mass of grey smoke was forming just above his dad’s car.Somewhat alarmed, Lewis looked at the other cars on the road to find out if they too had a cloud of grey smoke chasing them. To Lewisâ€⠄¢ surprise,  all the cars travelling on the motorway had the grey smoke hovering around them. So Lewis asked his father: â€Å"Dad, what’s that grey smoke above our cars? † Lewis’ father was a little surprised by the question, but answered: â€Å"Well, Lewis, it’s called pollution. † There was once a little boy of 6 years old called Lewis. One day, as he was looking out of the car window on his way to school, he discovered that a large mass of grey smoke was forming just above his dad’s car.Somewhat alarmed, Lewis looked at the other cars on the road to find out if they too had a cloud of grey smoke chasing them. To Lewis’ surprise,  all the cars travelling on the motorway had the grey smoke hovering around them. So Lewis asked his father: â€Å"Dad, what’s that grey smoke above our cars? † Lewis’ father was a little surprised by the question, but answered: â€Å"Well, Lewis, it’s called pollution. â €  â€Å"Pollution? What’s pollution? † asked Lewis, waiting intrigued for his father’s answer. â€Å"Well, for example, it’s that grey smoke you can see above our cars.Cars that run on petrol or diesel give off gasses into the atmosphere, which are very bad for all living beings and the planet too. Today you can see a lot of the grey smoke because it hasn’t rained for a long time,† answered his father. There was once a little boy of 6 years old called Lewis. One day, as he was looking out of the car window on his way to school, he discovered that a large mass of grey smoke was forming just above his dad’s car. Somewhat alarmed, Lewis looked at the other cars on the road to find out if they too had a cloud of grey smoke chasing them.To Lewis’ surprise,  all the cars travelling on the motorway had the grey smoke hovering around them. So Lewis asked his father: â€Å"Dad, what’s that grey smoke above our cars? † Lewis’ father was a little surprised by the question, but answered: â€Å"Well, Lewis, it’s called pollution. † â€Å"Pollution? What’s pollution? † asked Lewis, waiting intrigued for his father’s answer. â€Å"Well, for example, it’s that grey smoke you can see above our cars. Cars that run on petrol or diesel give off gasses into the atmosphere, which are very bad for all living beings and the planet too.Today you can see a lot of the grey smoke because it hasn’t rained for a long time,† answered his father. There was once a little boy of 6 years old called Lewis. One day, as he was looking out of the car window on his way to school, he discovered that a large mass of grey smoke was forming just above his dad’s car. Somewhat alarmed, Lewis looked at the other cars on the road to find out if they too had a There was once a little boy of 6 years old called Lewis. One day, as he was looking out of the car window on his way to school, he discovered that a large mass of grey smoke was forming just above his dad’s car.Somewhat alarmed, Lewis looked at the other cars on the road to find out if they too had a cloud of grey smoke chasing them. To Lewis’ surprise,  all the cars travelling on the motorway had the grey smoke hovering around them. So Lewis asked his father: â€Å"Dad, what’s that grey smoke above our cars? † Lewis’ father was a little surprised by the question, but answered: â€Å"Well, Lewis, it’s called pollution. † â€Å"Pollution? What’s pollution? † asked Lewis, waiting intrigued for his father’s answer. â€Å"Well, for example, it’s that grey smoke you can see above our cars.Cars that run on petrol or diesel give off gasses into the atmosphere, which are very bad for all living beings and the planet too. Today you can see a lot of the grey smoke because it hasn’t rained for a long time,† answered his father. cloud of grey smoke chasing them. To Lewis’ surprise,  all the cars travelling on the motorway had the grey smoke hovering around them. So Lewis asked his father: â€Å"Dad, what’s that grey smoke above our cars? † Lewis’ father was a little surprised by the question, but answered: â€Å"Well, Lewis, it’s called pollution. † â€Å"Pollution? What’s pollution? asked Lewis, waiting intrigued for his father’s answer. â€Å"Well, for example, it’s that grey smoke you can see above our cars. Cars that run on petrol or diesel give off gasses into the atmosphere, which are very bad for all living beings and the planet too. Today you can see a lot of the grey smoke because it hasn’t rained for a long time,† answered his father. d by the question, but answered: â€Å"Well, Lewis, it’s called pollution. † â€Å"Pollution? What’s pollution? † asked Lewis, waiting i ntrigued for his father’s answer. â€Å"Well, for example, it’s that grey smoke you can see above our cars.Cars that run on petrol or diesel give off gasses into the atmosphere, which are very bad for all living beings and the planet too. Today you can see a lot of the grey smoke because it hasn’t rained for a long time,† answered his father. Lewis spent a while pondering on this, and began to put two and two together. If the  grey smoke was bad, and it was all because of cars, then  why were there so many cars on the road? â€Å"Dad,† said Lewis slowly, â€Å"If the grey smoke is pollution and is bad for us,  why are we going to school in a car? † â€Å"So I can get to work on time, son.The bus or metro would make us late,† answered his father. It was Spring. As soon as the cold weather went, it came back again. The sun seemed ashamed to show his smily face for more than the odd morning. To top it all, loads of people were sick . A spectacular chucking-up bug was going around the school. If anyone looked so much as a bit pasty in class, the teacher would grab an empty litter bin and tell them to hold it close by. Minutes later the school secretary would be calling Little So and So’s mother and telling her to get over quickly and collect her sick child.The bug even got poor Isis, who was NEVER off school. Like everything else about her, Isis’s attendance record was usually perfect – but not this week, because there was no way she could come in. She texted Katie: â€Å"Poor me, I feel so rotten! Chucked up 6 times. Is that a world record? † Katie had so far escaped the bug. She was very careful about washing her hands and not going near anyone who coughed or spluttered. She asked her mother what could be done for Isis, and she suggested an ancient witch’s remedy made from mint leaves and mandrake’s root. ‘Sounds great,’ said Katie, â€Å"Why don’ t witches cure everyone? ’

Sunday, September 29, 2019

Population and economic growth Essay

It seems obvious that more rapidly growing populations have fewer natural resources per person, less physical capital per worker, more dependents, and greater needs for new social infrastructure. Perceptibly, they must be accounted as economically worse off. These intuitions shaped the earlier studies of population and economic development such as Coale and Hoover  model (1958). Later studies developed more neoclassical versions of these ideas, featuring that more rapid population growth led to per capita income. Noble prize economist Kuznets (1956), as well as Boserup (1956, 1981) and Simon (1981) suggested many possible positive effects of population growth, including economies of scale, acceleration of technological progress, flexible market response to emerging shortages , induces institutional changes , cheaper communication and transportation, and easier collective social investments. Kuznets examined per capita income growth and population growth rates across nations and found positive correlation, which seemed inconsistent with Koale – Hoover view. Their study was replicate by many others. In another advance, human capital was explicitly incorporated in growth model, and cross – national empirical analysis in the convergence framework indicated larger positive effects of population growth (Mankiw, Romer and W2EIL 1994). As Dawson and Tiffin (1998, p.149) put it that â€Å" the relationship between population growth and the economic development has long been thought to be fundamental to our understanding of less developed countries . Indeed most text book on economic development includes a section of population and development.† However there is no consensus whether population growth is beneficial or detrimental in the economic growth in the developing countries. As Thirwall (1994, p.143) commented â€Å"the relationship between population growth and economic development is a complex one and the historical evidence is ambiguous particularly concerning what is the cause what is the effect.† It is traditionally seen that the people of Bhutan are, by virtue of the circumstances of their habitat and precipice terrain, subjected to serious handicaps and constrained to scratch the earth for rather squalid and miserable living. The general impression in the minds of Bhutanese and foreigners alike who visit the nation is one of total abandonment and salutary neglect of the people. For most of the people of rural area, electricity, portable water supply, clinic, health centers and hospital which are by and large concentrated in the alleged urban areas, are just illusive luxurious. High proportion of the population still lives in the state of nature, by –passed by the modernizing influences and forces, which revolutionize traditional societies to progressive modern societies. The state of the life of the population kills its enthusiasm, dampens their morale and mitigates their sense of motivation and initiative. The scarcity  of these pre-requisites in the country is faced for the wanting of human capital that linearly depends upon the size of its Population. For this reason, it seems that low population growth rate of the country has, to large extent, been blamed for its state of affairs. Acrimonious debate regarding the economies and diseconomies of population has spurted between two schools of thought. One argument, presented by Clark and Ohlin, is in favour of unrepressed population growth based on the contention that it stimulates business and general economic growth cycles and therefore necessary for development. The other argument of Malthus is in favour of repressed population growth on the ground that unrestrained rise in population will mean less resources for individual members leading to considerable reduction in the euphoric life and well being of the people in that society, thus constituting an impediment to the socio-economic development of the society. The practical import of these divergent views is that positively or negatively, population question is intricately related to development which by all considerations is man –centered. Alluding to the positive and negative impact of rapid population growth, Ude asserted that â€Å"though there can be no development without human beings, any development that does not lead to overall increase in the welfare of the people is deficient. However, despite the merit of Malthus school’s arguments in favour of repressed population growth, the rapid population growth has unequivocally been a panacea in dealing with the problem of human capital whereby underdevelopment and poverty was in prevalent in Bhutan. Therefore Bhutanese in general should be sensitized to the realities of their abject miserable situation. Steps should be taken to mobilize the energies and efforts of the people to increase the growth rate of the population to the level that considered sufficient enough to beget human capital drastically needed for revolutionizing the economy through starting imminent developmental work with their help. In this paper, efforts are made to discuss the issue of population growth in Bhutan in its various ramifications. In the first place, the author takes the critical look at the deplorable economic conditions of the people. This is followed by an incisive examination of the implications of the phenomenon of population growth on the beleaguered economy. In like manner, the importance of the population growth, particularly in relation to the  generation of human resources and consequent development in the country are highlighted. Next, some suggestions and recommendations are made to ameliorate the economic conditions of the people, arising as a result of lack slow population growth rate in the country. METHODLOGY This is paper is based upon literature and theoretical evidences rendered by various school of economic thought. We have used Kuznets and W.W. Rostow model to explain the implication of population and economic development in Bhutan. In addition to this we used time series data for economic growth and population from the different issues of National Accounts Statistics reports of Bhutan, and population and census of Bhutan 2005. The State of Economy in Bhutan The plight to Communities in Bhutan is the focus of current discussions by many economists and a matter of concern for all levels of government in the Country. The picture of the country is described as being pathetic and the main features of the pre-requisites of economic development are found to be under-developed because of under utilization of its natural resources. In most areas in Bhutan, the basic infrastructural facilities which have been considered by W.W Rostow as prerequisites for development and tolerable human existence are generally lacking3. One of the pre-requisites of the well being of the community of any country is its roads. there are no functional roads for vehicles in rural areas and in some part of the country, roads construction work has not been yet started, thus leaving the people in those areas in dreary isolation from their own people and the rest of the World. The existing roads are also in deplorable condition. They are generally characterized by innumerable pot holes, deep enough to snap a car’s shockers or give the rim a terminal damage. The sad story of our rural roads calls for great concern when it is realized that over 70 percent of Bhutanese, as noted above, live in the rural areas and that it is from the latter that most of the food products of the country are derived. Without good roads, it becomes a big problem to send food products from these areas to the urban dwellers mainly depend on the rural folks for their food supply. Hence, every harvest season, thousands of rural farmers watch  helplessly as the crops which they cannot evacuate to the urban markets go waste, thus marginalizing their income from farm proceeds over the years. Being an agricultural predominated economy if it cannot able to produce exportable product, it must produce as much as food grain as is required by the countrymen. The irony of the Bhutanese economy is that all economists see it as rugged mountainous country which has less scope to produce that what is required by its people. They have made such impression Worldwide about this economy that nothing can sufficiently be produced here except remaining dependent on others for each and every thing. Moreover, the Bhutanese economy is suffering of the shortage of pre-requisites necessary for great spurt from backward economy to industrial economy. According to W.W.ROSTW, every developing country has to pass through a certain stages of development that he manifested as per-requisites of economic development. According to Gerschenkron, the existence of certain necessary conditions (pre-requisites) is not required for industrialization as is put forth by Rostow. He based this view on two empirical observations. First, the preconditions for industrialization that existed in England during its industrial revolution was virtually absent in the backward countries of Europe or existed on a very small scale. Secondly, big spurt of industrialization occurred even in those countries where they were not present at all. Without having adequate preconditions, these countries like Italy, France, Germany, and USSR (before 1985) had brought big spurt in their economy. Though they had not sufficient pre-conditions for great spurt, they had an adequate human capital because of high population growth to exploit natural resources and utilize them for generating precondition corresponding to industrialization period of these countries. Since Bhutanese economy is also passing through the same state of affairs by which the present developed nations were passing historically, it can also bring big spurt in its economy provided it should have its own sufficient human capital. This may be possible if it review its National population policy for stepping up its growth to meet the demand of labour force in the country. Population and Economic Growth: Many dynamic and active debates have been held regarding the impact of the increasing population on the economic development of the country since the  existence of the Malthusian theory. No doubt, an increase in the population in most of the countries has adversely affected the per capita output of the nation. Our empirical study related to the impact of population growth rate on economic growth has explored statistically very significant and optimistic findings in case of Bhutanese economy. The basic infrastructural facilities which are required, at the rudimentary development stage of the country, unfortunately found almost missing. This country needs stringent measures towards establishing more academic and vocational institution so that more academicians, engineers, doctors can be trained to enhance the pool of the human capital. Specialization in the works increase the quality and productivity of the labour and this probably be procured, if the country will have a well- versed pool of human capital. The massive group of the human capital will automatically enhance the economic growth of Bhutan. Development of the countries such as India and China are entirely impinging upon the human capital. Economic growth rate of these countries, since their independence, has grown very rapidly because of large group of human capital .Though these countries have suffered because of the high growth rate of population; they are progressing at high rate only because of innovations and technology, which in turn, depend upon the human capital which is linearly related to their population. India is enjoying the status of nourishing almost 16% of the total population of the World and economically stands fourth in the world based on purchasing power parity as per the World Bank report of 2008. Population is not the sole factor for slowdown in the economic growth of the country, but factors like political instability, corruption, inefficient managerial system, misallocation of resources, etc. are more responsible for it. As the Chinese proverb reflects that â€Å"Roads and railways lines are considered as the fate lines of the nation†, the government of Bhutan must pay attention towards the dissemination of the network of roads. Government needs to start some plans and projects to build railway track and Air routes through which tourist can be attracted within the country that will enhance the Foreign Cash Reserves. According to National statistics Bureau of Bhutan (2010), 69%of the total population of Bhutan is living in rural areas (205Gewogs -Bhutan at glance -2008) of the country. Most of the  villages are deprived of the basic amenities like road; safe water supply, education, regulated markets where the surplus product of the peasant could be marketed. There are only 29 hospitals with 145 doctors that are taking care of 6, 71083 people (Population and Census of Bhutan, 2005). It means that there are approximately one doctor per 5000 people that seem to be a very poorest ratio after Ethiopia and many others under developed countries of the world. There is a need for increasing the health related facilities in the country. Geographical conditions of the country become an obstruction in the way of the masses to avail the medical facilities in the hospital. Empirical findings show very dismal progress in the area of health. These entire problem faced by the people are ascribed to lack of human capital which could be solved by increasing the population of the country. â€Å"The economics of scale† phenomenon of population 1. Population and market structure Despite of the Malthus theory of diminishing return when it comes to scarce resource like food and water , some of optimistic population growth economist , like Kuznets (1956), Boserup (1981), believed that population growth can really help the nation economy to turn from ineffective economy into economies of scale state. According to Kendrick (1977), economies of scale are an important factor to increase the productivity of labour of a country. A country with rapid population growth can suffer many maladies like capital dilution, shortage of necessity resources and the causality could lead the whole population to poverty, famine and starvation. However, there are three arguments supported for the idea that population growth can boost the country economy by economics of scale phenomenon. Firstly, a nation, which has a rapid population growth rate, means that its population size will develop with a quicker rate. The bigger the population size is, the larger the market size becomes. In order to meet the product demand of the large –size market, bigger and more effective as well as longer performance period manufacturing plants are required to develop (simon, 1994). Countries in the world with larger population size like India and China are growing faster than any other country of the world because of their strong market network. Market base not only generate entrepreneurship among nationals but also causes induced foreign investment in the country. All developing countries like Bhutan need significant funds to expedite economic development programme for making provision of amenities required for higher living standard of the people of the country. The present state of economic affair of Bhutanese economy necessitates the expansion of market base to have an induced foreign investment and the generation of entrepreneurship among nationals to establish spectrum of industries in country to bring about industrial revolution. â€Å"All the developed countries of the present world were backward historically† (Gerschenkron 1947). Germany, Italy, USA, and England have achieved a status of advance industrialized countries, which were also backward in past, due to their strong army of human capital. Therefore, we can conclude that if Bhutan intends to be a developed country, it will have to acquire more human capital but that would be possible only if it increases its population. Population and specialized labour force Large size of the population not only expands a market structure but also possess an impressive number of labours. Because of the avail ability of the labour force it is possible for firms to divide their labor into particular division of labor to do specific tasks. An excellent example of specialization is car assembly line in which each division just takes responsibility of installing only one part of the car such as engine or car wheels. According to Adam Smith, â€Å"division of labor has caused a greater increase in production than any other factor. This diversification is greatest for nations with more industry and improvement, and is responsible for â€Å"universal opulence† in those countries†. Moreover, through specialization, working skill of labor force is likely to improve more quickly with learning-by-doing. Since a large size of population demands a tremendous number of products, these workers have more chances to improve their working skill. As a result, the average time spending for producing one unit of output have tendency to decrease more quickly than in smaller market-size. Correlating with saving producing time, the cost per one product is also deducted and firm is more efficient through specialization. Finally, the rapid population growth rate could cause a positive effect on communication and transportation. Transportation plays an important role in economic development. A good transportation system can help reduce  transportation cost and travel time. Along with high population growth rate, the increase in population density is inevitable. A dense population is likely to pressure the government to develop more in transportation system such as railroad, highways and road. Take China as an example, according to United Nations Population Division, in 1985, its population density was 110 people/km2 and the total amount of railroad was 52,000 km while in 2010, the total length of railroad is 91,000 km (increase 75%) and its population density is 141 people per square kilometer (increases 28%). Transportation improvement is surely a general trend for every economic development, but it is not deniable to state that the population density has a strong impact on number of construction of transportation. As Julian L. Simon stated in â€Å"The Ultimate Resource†, â€Å"population growth clearly leads to an improved transportation system, which in turn stimulates economic development†. Population and self reliant in food grain The falling trend in total arable land is a serious concern for the government of Bhutan .These appalling trend cannot be owed to an increase in population but to an occupation changes in the economy which inherited due the occurring structural changes via economic development as is put forth by Schumper . Since the economy has started growing, the corresponding sector of agriculture sector like service sector and industrial sector have also started developing whereby the agriculturist are induced to migrate from their agricultural occupation to service and industrial sector. When the land owner shifted from agriculture to service and industrial sectors, their land turned barren. Migration of the masses from their earlier main occupation to services and industrial sector must be considered as main cause of fall in arable land but not the pressure of population. we can emphatically favour the economies of population that if the size of the population had high, the size of arable land would not have decreased rather it would have increased. We corroborate our views with the help of classical economist hypothesis that â€Å"supply creates its own demand.† we can apply classical theory to endorse our theory that an addition to the supply of labour because of increase in population will exploit the latent natural resources of the country to meet their demands. An addition to labour force will not only exploit natural resources for their survival but also help in  filling the lag of supply of them to give impetus to the economic growth. Therefore, increase in population will not exploit resources and find new mode and means for the country but will also make this country self –reliant for food grains and many other things including labour force for which this country is totally dependent on other nations. In essence, development of the Bhutanese economy necessitates high growth of population. CONCLUSION The authors optimistically weaves fabric of hope that if the measures outlined above are emphatically implemented, the population itself will be brought to the optimum size and aligned to match its requirement in exploiting and utilizing the latent natural resources of the country for giving impetus to the economic development of the country. Structural changes of the economy via disseminating the spectrum of industrial base are not possible in wanting of human capital that linearly links with size of population of the country. The country’s overdependence for outsourcing all kind of works will dampen if the planners review its population policy to increase it to that level necessary for exploiting the latent resources required for economic development. Reference Birdshall, N., & Kelley, H.T. (2001). Population matters Demographic Changes, Economic Growth and Poverty in the Developing World (1st Edition). New York: Oxford University Press. Boserup, M.,&Rothenberg, J.(1980) Population dynamics in developing countries( 1st Edition ) New York: Macmillan co. Clark, C. Population Growth and Land Use, New York, St. Martin’s Press, 1967. See also: Ohlin, G. ‘Economic Theory Confronts Population Growth’ in Coale(ed) Economic Factors in Population. Growth. New York, John Wiley and Sons, 1976. Coale, A. J. (1973). â€Å"Demographic Transition†: International Union for the Scientific Study of Population: International Population conference (Vol. 1, Liege). New York: Oxford University Press. D, Kinggsley. (1951). the Population of India and Pakistan. Princeton, N.J Princenton University Press. Decenzo, A. D., & Robbins, P.S. (2001). Personal Human Resource Management. New Delhi:Prentice Hall of India Granger,C.J.(1969)Investining casual relations by econometric methods and cross-spectral methods. (Vol. 1,). New York:Oxford University Press Gujarati,D.N.(2003)Basic econometrics.(4th ed.) John, Bongaarts. (1978). â€Å"Framework for analyzing the Proximate Determinants of Fertility†: Population and Development Review (Vol. 4, March, pp. 105-32). New York: Oxford University Press. Malthus,T.R (1917). An essay on the principal of population. New York: Macmillan co. Mankiw, G. N. (1992). Macroeconomics (3rd Edition). New York: worth Publishers. Nambiar, K. C. A. (2005). Population Development and the Environment the Dynamic Interface (1st Edition ). New Delhi: Serials Publication. Sim,C.(1972) Money income and causilty. American Economic Review.(vol. 62, PP. 540-552)

Saturday, September 28, 2019

Corporations Essay Example | Topics and Well Written Essays - 4750 words

Corporations - Essay Example In this regard, a duty of care involves the duty to ensure that the corporation’s interests are protected and in doing so, directors must ensure that their conduct does not bring about harm to the corporation (Guth v Loft, Inc.). In the class action lawsuit against the board, the claim is that the board of directors is jointly liable for the illegal conduct of Operator and Accountant. The claim is therefore substantiated by findings that board directors Operator and Account breached their duty of loyalty and the board as a whole was negligent in not preventing or acquiescing in that breach of the duty of loyalty. Liability in this regard will be founded on the statutory duty of care articulated by the Model Business Corporation Act 1984. Pursuant to Section 8.30 of the Model Business Corporation Act 1984, directors have a responsibility to act with the care of an ordinary reasonable person in the director’s position and how such a person would be expected to act in â₠¬Å"similar circumstances† (Model Business Corporation Act, Section 8.30). Therefore the substantive issue is whether or not the board as whole indirectly and through agency, breached the duty of loyalty and in doing so, directly breached the duty of care. From a purely procedural perspective, the business judgment rule engages judicial review of the substantive issues and argument. ... On the facts of the case, it appears that the board relied on Accountant and his teams to appropriately carry out the corporation’s financial affairs. Moreover, the audited financial statements sent to the directors would not have revealed an obvious issue although a closer examination of the books would have revealed the unlawful activities. The main question in assessing the business judgment rule is therefore whether or not it was prudent for the board to trust Accountant and to accept the audited financial statements at face value. Since audited financial statements are usually prepared by a certified public accountant and its authentic is confirmed by the certified public accountant, it does not appear to be unreasonable for the board to rely on the audited financial statements (Merrill Lynch). If the certified public accountant was Accountant and his team, it is only with hindsight that the board might have a reason to second guess his preparation of the audited financia l statements. Therefore this part of the class action lawsuit will not likely succeed. The board appears to have acted prudently or reasonably and had a rational basis for their decision and cannot be said to have acted in breach of a duty of care and therefore did not breach the duty of loyalty. With respect to the payment of a US$50 fine to avoid an indictment against the company, it can be argued that this particular act is negligent since the case against Operator appears to be falling apart. Procedurally, if the case against Operator, the main actor in the scandal is weakening, the case against Mousetrap is decidedly weaker. However, the prospect of facing an investigation and an

Friday, September 27, 2019

The Olympus corporate scandal of 2011 Research Paper

The Olympus corporate scandal of 2011 - Research Paper Example From the research it can be comprehended that a corporate body has a distinct legal status and has characteristics and liabilities that are separate from those of its members. It has the right to exist for indefinite period of time. New corporations are created after having them registered and their main purpose is to conduct business and commerce. A corporate body can be owned by two or more individuals who form a partnership with an agreement among themselves to share profits and losses in a pre-determined ratio. A partner can have limited or unlimited liability. A limited liability partner is one whose responsibility for company’s debts is limited only to the amount of his capital contribution. Unlimited liability means when a company is declared bankrupt, then the partner’s personal assets can be seized to clear the debts. All corporate bodies have some common purposes. A corporation garners the interests and funds of its owners to serve the interests of the public. It shall ensure fair profits for its partners but not by endangering the stake of other shareholders. Every corporate body needs to satisfy the needs of the current generation and at the same time must have an insight into the needs of future generations. A corporate body must perform its activities in a legal and ethical manner. The success of a corporate body depends mostly upon the performance of its management personnel. The management should apply proper strategy and innovations in their performance to bring in more profits on a sustained basis for the organisation by improving the performance of the employees and also by encouraging efficient contribution by those who contribute. Performance management works in combination with corporate management in service

Thursday, September 26, 2019

Failing Schools and Students in the US Research Paper

Failing Schools and Students in the US - Research Paper Example No Accountability of Individual Schools 3. Lack of Qualified Staff in Schools C. Is the Argument out of the School’s Hands? 1. Effects of the No Child Left Behind Act Conclusion Work Cited Introduction Today it is of crucial importance that education should be given utmost attention, as it is considered a guaranteed insurance into ones future. However, it is usual that children are failing consistently in many parts of the world especially USA. A student who is disinterested in the education will generally miss college lectures and would perform extremely poor in assessments tests. In worst cases, students would stop attending their schools or colleges and would thereby sit at home without concern for their education, career and life. It is important that causes of inability to perform well at school should be figured out before they can be pin down to improve performances in general and long term successes in whole. Does the issue lie with the students and/or the parents? Lac k of Parenting Today many of the children fail because of lack of parenting guidance or parents lacking such skills. Children today need their parent's guidance so they could help them make positive options instead of just trying to control them or choose for them what they are not interested in. If parents act as children’s guide they are letting them not rely on their inner guidance. If parents guide their children through the process of decision making they are letting them look in to the situations from all of its sides. This even helps them build a sort of self esteem that is they would start trusting them and believing in ability to make good choices. According to Mr. PubMed, the usual cause of lack of parenting skills is their low socio-economic status. Parents which are living below poverty lines have no such access to parenting skills. Teen parents simply have a hard time forming such parenting skills. In middle families this is mainly due to lack of emotional and fi nancial support and lack of awareness. In richer families this is mainly because parents simply lack time. Moreover, the younger parents were the ones who were more immature and less capable of giving the sacrifices sometimes that are required of parents. Furthermore, the parents that have abuse are more likely to make bad parenting choices. Students Hungry or Lack of Sleep August 2007 – One of the study by James F. Pagel who was the MD of University of Colorado school of Medicine has given reports that students could have insufficient sleep that could thereby have adverse effects next day not on adults performance but also on students performance. Hunger and sleep are two of the vital needs of a healthy society. Adolescents who have experience sleep disturbances are the ones more likely to receive bad grades. Based on a 238 questionnaires that were completed by the middle or high school students, the survey proved that those who have gained lower GPA were the ones who had mo st sleepless nights and such issues that include restless, a hard time waking up in the morning, when trying to fall asleep, difficulty concentrating during the day, snoring every night, aching legs, and falling asleep in class. James Pagel had said: Some of the previously conducted studies had proved that students who had irregular sleep patterns, inadequate sleep or otherwise poor sleep quality didn’t perform well in school in comparison to students who

Wednesday, September 25, 2019

Sexuality in Todays Society Essay Example | Topics and Well Written Essays - 1750 words

Sexuality in Todays Society - Essay Example This report stresses that today many teens are engaging in sexual promiscuity thus resulting to many of them falling for unwanted pregnancies. This has been encouraged by the many writings on sex, sex films and plays which depict sexual matters without a distinct coverage. For instance today pornography is being watched by people across all ages, young children who cannot even define their sexuality included. Thus the openness of sex may be said as having positive impact but it is largely negative. In today’s society parents have also been reluctant to control their children sexual habits thus worsening the situation. This is partly due to the increasing number of working class parents who end up having less time with their children. Therefore it is a high time that parents realized their role in teaching their children in relation to their sexual habits. This paper makes a conclusion that the society today is obsessed with sex and the question that comes to the fore relates to how the society should behave in relation to the issue of sexuality. In this aspect religion is an important tool for fighting unfavorable sexuality issues. This is because religious groups mostly advocate for sexual purity which ought to be of great importance in the society today. However it has proved difficult to maintain sexual purity today considering that many cultures are obsessed with sex and permissiveness in all types of sexual expressions.

Tuesday, September 24, 2019

Ecotourism Case Study Example | Topics and Well Written Essays - 1000 words

Ecotourism - Case Study Example The current exchange rate is 1.00 USD = 3.26 RM (Tourism Malaysia, 2014). Petronas Towers is a popular tourist destination. This 88 floored building is the second highest in the world and consists of the Petronas Philharmonic Hall, Petrosains Science center, Petronas Art Gallery and the Aquaria Oceanarium. Sunway Lagoon is a popular Amusement and Waterpark in Malaysia. The giant wave pool and water games are perfect for family entertainment. The park also consists of activities like off-road game, paintball and flying fox for the more adventurous lot. The Batu caves consist of 3 big caves, one of which has a hindu temple inside with beautiful wall carvings depicting a mythical epic story of India. There are 272 steps to reach the top of the hill and there are many rock climbing activities near the caves. Genting is an area a little away from Kuala Lumpur. It is home to the Genting Sky Venture which provides a sky diving facility for its customers. There is also an international standard climbing wall at the Genting X-pedition and other facilities such as bowling and Cineplex are also available for tourist entertainment. The Petronas towers have limited accessibility for the disabled and wheel chair ramps are not found everywhere, especially near the ticket counters. Ticket counters open at 8:30 am and often the queues are very long. This can prove to be a hassle for tourists but it can easily be resolved by offering more ways to dispense tickets. This can include online websites and more ticket counters. The addition of more ramps to the ticket counter section and sky deck can ensure that the Petronas Towers become friendlier for the disabled. Sunway Lagoon is a popular tourist destination but most tourists often complain the food available in the park is not good and too expensive. Tourists who wish to leave the park to eat and come back are not allowed in again

Monday, September 23, 2019

Examine the implications of EU for European industrial relations Essay

Examine the implications of EU for European industrial relations - Essay Example The effects of advancing European integration on national systems of industrial relations, and the associated need for a systematic analysis of the conditions, forms, and direction of the Europeanisation and 'supranationalisation' of industrial relations, have long ago attracted the attention of researchers. Although a number of valuable comparative studies have appeared in the last decade (Ferner and Hyman 1992; Hyman and Ferner 1997; Bispinck and Lecher 1999), by and large these have not concerned themselves with the specific context of the European Union and the transnational dimension of industrial relations. (Wolfgang Lecher, 133) In particular, there has been almost no systematic consideration of the interaction between and consequences of the co-existence and superimposition of supranational and national relations between state actors and the parties to collective bargaining, both for systems of industrial relations and for broader areas of policy at the various levels of the European Union's multi-tiered system of governance. Similarly, there has been little research into the effects of the horizontal interaction between differing national systems of industrial relations and approaches to social and economic organization which are embedded in the same EMU and, as a result, are subject to the pressures of mutual regime competition. 1.According to Jelle Visser (http://www.ser.nl/_upload/b23574_4.pdf) prior to the EMU, industrial relations in member states seemed to follow one of two broad tracks: 1. Attempts at cross-border co-ordination among trade unions in continental welfare states and in what broadly can be described as the D-mark zone (Germany, Austria, the Netherlands, Belgium, France and, although not member of EMU, Denmark) to seek wage increases within specified parameters and thereby preventing upward wage pressure (endangering monetary stability) and downward wage competition and social dumping. 2. The adoption of or attempt at tripartite Social Pacts in peripheral or 'catch-up' countries outside the D-mark zone (Portugal, Spain, Italy, Greece) and those prospective EMU members which were confronted with deep structural changes (Ireland, Finland), prioritising national competitiveness, addressing crisis situations and preparing for EMU membership. This view sets out from the position that the developments referred to above constitute structuring elements in a future system of European industrial relations, organised around two dynamic poles-the company-centred transnational level and an overarching macro level, with its institutional focus in the 'social dialogue'. It expects the guaranteed rights to information and consultation which will result from the across-the-board establishment of European works councils (EWCs) in the wake of the Directive to create the foundations for the possibility of company-based collective bargaining on issues such as training and working time. Moreover, EWCs are to promote the conver gence of workplace employee representation across Europe and act as a catalyst for the harmonisation of trade union policies on employment issues and collective bargaining. (Wolfgang Lecher, 135) This optimistic standpoint sees a positive link between trade union demands for participation, on the one hand, and the establishment of new post-Fordist systems of production and

Sunday, September 22, 2019

Hiring an Employee for Secretary Position Essay Example for Free

Hiring an Employee for Secretary Position Essay Hiring an employee for secretary positions It is always a better idea to implement the specific process to hire an employee. Hiring department has developed series of process to begin the search and hire three desired candidate for the empty secretary positions. This will include distribution of application forms, understanding policies of hiring and conduction of interviews. I am reporting on me and my department’s role. My main role is to ensure the process has been followed in correct manner to hire the right person for this position. Our first significant step is to understand policies and procedures. Our application form will be available in our company’s official website. We make sure that every applicant are treated equal, there is no discrimination for employment in terms of race, color, national, origin, sex, religion, age, veteran status, sexual orientation or disability. The applications are reviewed to find the candidate with desired qualification for this position i. e. graduate degree in management from the university and outgoing positive personality with true passion of work. They will be called for the first interview. We have created certain questionnaire to ensure we get required information from the candidate. After this, we will hold a meeting to select most desired ten candidates. Then they will be called for second interview. Out of ten we will choose three for the position. Our department were discussing about providing one week training on application of our latest company software. We saw that employees took time to get used to the software when we updated it. So, it will be beneficial that new employees will have knowledge about it and can start the job right away without any hindrances. We are glad to let you know our procedures to hire employees. We are waiting for your approval so that we can start this process as soon as possible.

Saturday, September 21, 2019

Research paper about the effects of divorce on children Essay Example for Free

Research paper about the effects of divorce on children Essay Only acts of war and the events of natural disasters are more harmful to a childs psyche than the divorce process. The Newsletter of the American Academy of Matrimonial Lawyers, 1997 Prior to 1985, divorce was hard to obtain in Canada. However, with the passage of the Divorce Act of 1985, which allowed divorce after one years separation, the divorce rate reached an all time high of 3.55 (per 1,000) in 1987 (Campbell, 2000). In 2000, Canadas population reached 30.7 million. 1.4 million people had divorced as opposed to 14. 6 million who remained married (Canadian Stats, 2001). The Canadian divorce rate is 2.46 (per 1000) with an average of 73,000 divorces per year (Campbell, 2000). Research indicates that divorce is a painful transition in the lives of all involved, especially children. Their wounds become more painful and troublesome over time. The impact of divorce steadily increases over the first three decades of childrens lives (Children Divorce, 2001). And, although the effects of divorce do not necessarily secure the failure of these children as adults, they do make the challenges of growing up even more difficult than they already are. Divorce affects boys and girls in different ways. Adolescent males often become more aggressive and destructive, while females initially cope well (Wendel, 1997) However, in young adulthood, they develop problems. This is known as the sleeper effect (Wendel, 1997). When children of divorce reach their twenties and begin to engage in relationships of their own, some become afraid that they will repeat the failure of their parents (Wendel, 1997). Others develop a distrust of relationships, fearing they will be the ones abandoned or betrayed by their spouse (Wendel, 1997). Moreover, these children tend to get more caught in the cycle of drug and alcohol abuse, become sexually active at a young age, lack academic competence, have difficulty forming romantic relationships later in life, and lastly, feel a deep sense of abandonment and loneliness (Children, 2001). In nearly all cases of divorce, one parent is forced to relocate. This can be a harmful experience for children as they leave behind friends and a  familiar environment. Relocating often leaves the youth lonely and isolated (Children, 2001). Making new friends and adjusting to a new environment is obviously a difficult task, especially when one must cope with a new domestic situation All in all, divorce may have a lasting impact on children as it can cause them several adjustment problems. Research seems to indicate that there is: a higher incidence of adjustment problems among children of divorce compared with those of intact families; a relationship between marital status, predivorce parenting practices, and childrens adjustment to divorce; and, lastly, a variety of different effects of divorce on the adjustment and interpersonal problems of children As children grow older, they will come to terms with the fact that divorce is an adult decision over which they have no control over. Their visions of the traditional nuclear family begin to slowly fade and disappear in early adulthood. In nearly all cases, acceptance is a slow and steady process which requires rational and caring communication between both parents (Wendel, 1997). There is a higher incidence of adjustment problems among children of divorce compared with children in two-parent families (Simons, Lin, Gordon, Conger, Lorenz, 1999). The differences can be explained by loss of family income, parental conflict, psychological adjustment and parenting practices of the custodial parent, and the level of involvement of the noncustodial parent (Simons et al., 1999). Parental divorce increases the chances that a child will have difficulty with school, engage in early sex, suffer depression, commit delinquent acts, and use illicit substances (Simons et al., 1999). Adults who experienced parental divorce as children have poor psychological adjustment, lower socioeconomic attainment, and greater marital instability than adults reared in a nuclear family (Simons et al., 1999). The impact of reduced family income on the adjustment of children of divorce  (COD) may be expressed indirectly through its negative effect on the emotional well-being and quality of parenting of the custodial parent (Simons et al., 1999). The quality of the mothers parenting mediates much of the association between divorce and child adjustment problems (Simons et al., 1999). This finding holds for both boys and girls. Parental depression and ineffective parenting explain a big portion of the correlation between divorce and internalizing (emotional stress) and externalizing problems (aggressive, delinquent behaviour) (Simons et al., 1999). Marital conflict operates to disrupt quality of parenting, which in turn increases the childs risk for internal and external problems (Simons et al., 1999). The association between divorce and boys externalizing problems can be explained by the quality of the mothers parenting and of the fathers involvement in parenting (Simons et al., 1999). On the other hand, there are three factors that serve to increase the probability that boys will experience internalizing problems: predivorce parental conflict, mothers depression, and low quality parenting (Simons et al., 1999). Boys with divorced parents tend to be more depressed than those from two-parent families regardless of the psychological adjustment, level of conflict, or quality of parenting manifested by their parents (Simons et al., 1999). Parental divorce has been shown to be more emotionally disturbing to boys than to girls. Boys continue to show higher rates of depression than boys in nuclear families even when their mothers show positive psychological adjustment and engage in competent parenting (Simons et al., 1999). Compared with fathers in nuclear families, nonresidential fathers are less likely to help their children solve problems, to discuss standards of conduct, or to enforce discipline (Simons et al., 1999). This finding suggests that a divorced father who remains actively involved as a parent may significantly reduce his sons chances of conduct problems. The quality of the fathers parenting does not mediate the association between parental divorce and girls antisocial behaviour (Simons et al.,  1999). Divorce elevates a girls risk for depression because it increases the chances that her mother will become depressed, which in turn reduces the quality of her parenting (Simons et al., 1999). Besides quality of mothers parenting, postdivorce parental conflict serves to mediate the association between divorce and delinquency by girls. Girls appear to respond with less distress than boys and are at no greater risk for depression than girls living in nuclear families if their mothers are able to avoid depression and engage in competent parenting after divorce (Simons et al., 1999). Even after controlling for quality of parenting, predivorce conflict increases the chances of depression in boys whereas postdivorce conflict elevates a girls risk for conduct problems. Research findings conclude that the threat of parental loss, rather than parental conflict, may be what is disturbing to a child (Simons et al., 1999). Also, COD are at risk for adjustment problems because their parents are less likely to engage in competent parenting and are more likely to engage in parental conflict than parents who are married to each other (Simons et al., 1999). There is a relationship between marital status, predivorce parenting practices, and childrens adjustment to divorce (Shaw, Emery, Tuer, 1993). Prospective relations of parenting practices indicate that parents of to-be-divorced families with sons show less concern, and higher levels of rejection, economic stress, and parental conflict prior to divorce in comparison to intact families (Shaw et al., 1993). There are no behavioural differences for boys and girls in to-be-divorced versus intact families, but boys tend to have more problems after divorce (Shaw et al., 1993). The difficulties found among boys after divorce may be linked with parenting problems that begin before divorce (Shaw et al., 1993). Both prior to and following divorce, girls from divorced families show fewer consistent differences in terms of psychological adjustment than girls from always-married families (Shaw et al., 1993). Conversely, boys show an increase in problems following the divorce. Their greater vulnerability following divorce is attributed to a host of parental factors following the  parental separation: greater and longer exposure to domestic quarrels; more inconsistency, use of negative sanctions, and opposition from parents; less attendance to sons needs and less positive parental support (Shaw et al., 1993). For boys, the proportion of variance in behaviour problems explained by divorce falls to a level where differences are no longer significant (Shaw et al., 1993). For girls, predivorce conditions account for variance in their adjustment following divorce (Shaw et al., 1993). Divorce is still significant for them once predivorce behavioural adjustment is taken into account (Shaw et al., 1993). Girls from divorced families may cope with later stressors more successfully, and thereby show a better adjustment in young adulthood, because their divorce experience is of a more controlled nature (Shaw et al., 1993). Boys may respond less favourably because of their increased vulnerability to stress in general, but also because the initial impact of divorce involves a less controlled exposure to stress (Shaw et al., 1993). For most boys, divorce is also associated with the loss of daily contact with the same-sex parent. Though the fathers departure may provide relief from witnessing parental disputes, it comes at the price of losing daily contact with the father (Shaw et al., 1993). Boys who live with mothers following the divorce are at an increased risk for later behaviour difficulties in comparison to boys in father-custody homes (Shaw et al., 1993). Parental conflict, rejection, and a lack of parental concern play a role in differentiating the home environments of boys from to-be-divorced and always-married families (Shaw et al., 1993). Parenting differences in the predivorce home are related to divorced boys subsequent greater level of adaption difficulty in young adulthood (Shaw et al., 1993). Lastly, boys from to-be-divorced families come from family environments characterized by greater rejection, economic stress, and less concern than boys from intact families, and, as a result, these same boys have more adjustment problems after the divorce (Shaw et al., 1993). To summarize, relations between predivorce parenting problems and difficulties in children adjustment are  stronger for boys than for girls. There are a variety of different effects of divorce on the adjustment and interpersonal problems of children (Pruett Pruett, 1999; Bolgar, Zweig, Paris, 1995; Radovanovic, 1993). One effect of divorce is caused by the fact that young children are egocentric. Therefore, they may attribute blame for parental conflict to themselves, resulting in feelings of guilt and low self-esteem (Pruett et al., 1999). For this reason, children from high-conflict families may not learn the social skills (such as negotiation and compromise) necessary to ensure rewarding relationships in childhood and adulthood (Pruett et al., 1999). Another effect of divorce is youth leaving home early to escape from an aversive home environment (Pruett et al., 1999). This pattern may involve curtailing educational plans; it may also involve marriage at an early age to an inappropriate partner, resulting in poor marital quality and an elevated risk of divorce (Pruett et al., 1999). COD suffer problems with control. Since COD have no power to stop their parents from divorcing, a need is created to control relationships which lasts into young adulthood (Bolgar et al., 1995). The need to control extends to non-intimate relationships, such as authority figures. Therefore, COD have difficulties getting along with authority (Bolgar et al., 1995). Adults who experience parental divorce as children, compared with adults raised in intact two-parent homes, have greater psychological problems, lower socio-economic attainment, poorer quality marital relationships, and an increased propensity to divorce (Pruett et al., 1999). High levels of interparental, verbal and physical aggression characterize exchanges between ex-spouses and exert a negative impact on childrens adjustment. Consequently, there is a negative impact of interparental conflict on childrens behaviour and emotional functioning (Radovanovic, 1993). High levels of parental discord are associated with interpersonal problems for young adults (Bolgar et al., 1995). Other antecedents  associated with interpersonal problems are: the mother never remarrying, the mother remarrying more than once, high preseparation parent hostility, and high levels of maternal interference in the relationship of the child with the other parent after the separation (Bolgar et al., 1995). High levels of preseparation parental hostility are associated with young adults greater sense of being too controlling in their interpersonal relationships (Bolgar et al., 1995). High or moderate levels of maternal interference in the childs relationship with the father after separation are associated with greater problems with intimacy (Bolgar et al., 1995). Research findings conclude that in high-conflict families, children have less adjustment problems if their parents divorce (Pruett et al., 1999). Conversely, in low-conflict families, children have less problems if their parents stay together (Pruett et al., 1999). Lastly, children who share a warm, supportive relationship with an emotionally well-adjusted custodial parent practicing fair and firm parenting are likely to do well, despite the presence of interparental conflict (Radovanovic, 1993). Parents need to work together. By doing so, they reduce the anxiety that children experience through their parents divorce. No matter how harsh the relationship between ex-spouses, if the two parties work together, the relationship with their child will be a successful one. In conclusion, I think this essay has proven that divorce has a lasting impact on children as it causes them several adjustment problems. Research indicates that there is: a higher incidence of adjustment problems among children of divorce compared with those of intact families; a relationship between marital status, predivorce parenting practices, and childrens adjustment to divorce; and, lastly, a variety of different effects of divorce on the adjustment and interpersonal problems of children. The adjustment problems that COD face compared to those in intact families shows that even after controlling for quality of parenting, predivorce  conflict increases the chances of depression in boys, whereas postdivorce conflict elevates a girls risk for conduct problems. Also, COD are at risk for adjustment problems because their parents are less likely to engage in competent parenting and are more likely to engage in parental conflict than parents who are married to each other (Simons et al., 1999). The relationship between marital status, predivorce parenting practices, and childrens adjustment to divorce shows that both prior to and following divorce, girls from divorced families show fewer consistent differences in terms of psychological adjustment than girls from intact families (Shaw et al., 1993). Conversely, boys show an increase in problems following divorce. Their greater vulnerability following divorce is credited to: greater exposure to domestic quarrels; less attendance to sons needs, and less positive parental support (Shaw et al., 1993). Lastly, a variety of different effects of divorce on the adjustment and interpersonal problems of children shows that high levels of interparental aggression characterize exchanges between ex-spouses and exert a negative impact on childrens adjustment. Consequently, there is a negative impact of interparental conflict on childrens behaviour and emotional functioning (Radovanovic, 1993). Areas of future research: the relationships between the childhood and divorce experiences; the functioning of children of divorce in later adult roles of spouse, parent, and worker; extension of prospective research on children from divorced families to include the investigation of family environment, as well as child adjustment; giving greater attention to what is happening in the family prior to divorce; clarifying the connections between interparental conflict, divorce, and parent-child relationships; defining the processes by which stress, social networks, and coping affect childrens adjustment after parental divorce. The many problems divorce causes children, such as increased adjustment and interpersonal problems, all can be prevented, or at least minimized. We need to find ways that lessen the impact of divorce for children and teach  parents how their divorce causes long-term harm to their children. Preventing destructive forms of parental conflict and promoting a healthy co-parenting relationship are potentially effective means of reducing childrens risk for many of the negative outcomes associated with parental divorce (Shifflett, Cummings, 1999). Things that parents can do to minimize the impact of divorce on children: build their childrens social skills; find a support network; stay, if possible, in the same community as the non-residential parent; disengage if conflict arises; stay optimistic; (Kalter, 1987). Things that children can do to minimize the impact of divorce: keep a resilient temperament; have good social skills empathy, sense of humour, interpersonal awareness; have a support network of friends and relatives; success at school helps; a supportive relationship with just one parent can minimize the impact of a difficult relationship with the other parent; economic stability is helpful (Kalter, 1987). Children of divorce need to understand that divorce is an issue between two adults, and although the divorce will affect the children, they must understand that they are not the cause of it. The negative impact of divorce is so strong that children of divorced parents struggle as adults to create a positive, healthy family environment for their own children. All too often, adults who experienced divorce as children prove less capable of breaking the cycle and instead pass on a legacy of tragedy to their children and their childrens children (Fagan, 2000).

Friday, September 20, 2019

Situational Analysis And Imc Objective Marketing Essay

Situational Analysis And Imc Objective Marketing Essay By referring to Jacobs website, Jacobs is a brand names which well-known for quality and whole meal biscuits and their reputation that has already existed over few generations. Jacobs success can be attributed to the companys high standards in manufacturing best quality of biscuits, its continuous research and product development, and its commitment to ensure that its product are suit to the changing of consumer needs, taste buds, and lifestyles. Over the years, range of products of Jacobs has grown and changed from a plain cracker to a wide-ranging range of quality crackers and biscuits, including Wheat meal, Cream Cracker, Low Salt Hi-Fibre, Hi-Cal, Hi-Fibre, and Oatmeal biscuits. Jacob is using several ways of IMC strategies to promote its products to consumers. Advertising Referring to Jacobs website, Jacobs Original Cracker mainly advertises on TV channel such as TV 1, TV 2, TV 3, NTV 7, and 8TV. Jacobs advertise with different languages, included Malay, Chinese, and English. By doing this, we can say that Jacob is targeting general group of market which are Malay, Chinese, and English. According to Utusan Malaysia website, Jacobs also advertise on newspaper such as language in Bahasa: Utusan Malaysia and Berita Harian. In the newspaper, they are not directly advertising their product; Jacobs providing such as dessert recipe with Jacob cracker and educates consumers the correct ways for consumption. Contest Campaign By referring to the Jacobs website, Jacobs organized contest at the past with the title Jacobs Ibuku Inspirasiku, the prize worth up to RM 300,000. To join the contest, participants first have to gather any Jacobs cracker product that with the promotion label on the packing, minimum of 10 points for one submission. After that, participants have to click on Join Now at the website and fill in the details when prompted and key in the codes on Jacobs products pack to determine the accumulated points. Over the past few years, we can see that Jacobs not only advertising on newspaper and television but also organizing healthy campaign such as in year 2010, Jacobs Walk of Life and Strong Support for 1Malaysia Sihat. Apart from the 5 kilometre walk, participants also enjoyed of continuing booth activities that designed by co-sponsors such as free health check by Selangor State Health Department, free bone health check by Anlene, balloon sculptures, childrens face painting, and childrens inflatable at Kids Fun zone. There were also special performances by popular local artist, Black and One Nation Emcee entertained the crowd with their music. Due to the strong support by peoples in 2010, therefore in year 2011 Jacobs continued to organize the event with the title Jacobs Walk of Life 2011, Pledge to Health Social Media According to the websites of Jacobs, Jacobs is using social media platform, Facebook to communicate with their fans or followers. New information, updates, and sometime Jacobs will share the happiness or interesting news through Facebook. This social media platform allowed customers to interact with the company and its popular now. IMC objective Strengthen image The main objective of Jacobs is to build a strong image of the brand. In the strong competitive market, loyalty of customer is very important in the industry. When there is a strong image, customer will have awareness with and make it as one of the preference. With the higher recognition of the brand, the chances to increase loyal customer is also high. Increase sales Sales are one of the important factor for a company, because the revenue is generate by the sales. Every company will try to archive sales target to have more profits. More profit is needed in order to run a business. Creative Strategy Creative strategy is generally the outcome of a team with one or more copywriters, an art director and a creative director. It is to explain how the advertising campaign will meet the businesss advertising objective. The outline is prepared by the creative team of an advertising agency for the launching of an advertising campaign or message. Creative strategy includes unique selling proposition and emotional selling proposition; both can determine the advertising messages that deliver to target audiences in a creative manner. Unique Selling Proposition Unique selling proposition normally is a critical component of a promotional theme that contributes to the building of an advertising campaign. It states the real or perceived benefit of a product or service and then differentiates from its competitors. This would also affect the buyers purchase intention as it can give its buyer a logical reason. Jacobs using a unique and innovative technique for Jacobs Cream Crackers to remain, the classic cracker brand using the traditional special baking techniques since 1885, to make crackers outside distinctively crispy and the center is slightly softer textured, with a yeasty dough classic flavor. Jacobs product contain wheat, this is a source rich of nutrient, this makes Jacobs cracker position in a healthy food industry. Therefore, Jacobs uses USP to create positive and unique identity in customers mind. (Belch Belch, 2009) Uniqueness Jacobs cream cracker made with whole grains. Grains are grasses that produce edible starchy seeds that can be processes as a source of nutrients such as carbohydrates, proteins, vitamins, minerals and fiber. According to the JACOBs website, foods such as wheat, rice and oat are considered as cereal grains and these cereal grains are high in carbohydrates that provide energy for humans daily activities. Therefore, Jacobs cream cracker also considered as healthy cracker which provides 72mg calories per serving. Jacobs Actimix standard, Jacobs cracker is a 92% wheat cereal, low fat level, no added sugar, coloring, flavoring and preservatives. Whole grain provides nutrients from all parts of the grain. Whole grain must consist of three parts: bran, germ and endosperm. Figure1 below is a graph that cropped from the Jacobs Malaysia website (http://www.jacobs.com.my) that well explains the whole grain and its nutrient consist: C:UsersK3nnyDesktopUntitled.png Figure1 Benefits Jacobs cream crackers mainly consist of 5 ingredients: wheat flour, palm oil, salt, sodium bicarbonate and yeast. Wheat is rich in essential nutrients that offer important health benefits to consumers. It is also a good source of energy from carbohydrates. It contains B-vitamins and minerals to help release energy from carbohydrates. Besides, wheat also contains protein that supports the body building process while fiber that helps to maintain a healthy digestive system. Therefore, by consuming Jacobs cream cracker, consumer can lower the risk of getting several chronic diseases and condition for examples, heart diseases, cancer, diabetes and gastrointestinal troubles. Furthermore, consuming wheat diet also benefits consumers in terms of boosting immunity, bone health and other wellness goals. So, according to the nutrient fact of Jacobs cream cracker, it is not more than 6 grams of fat per serving and it is useful in fat-restricted diets. Potent Jacobs cream crackers are well known for its richness in nutrients and healthiness. Since 1885 until today, Jacobs using the same special baking techniques, to make crackers outside distinctively crispy and the center is slighter softer, together with the classic yeasty dough flavor. In Malaysia, Jacobs cracker was manufactured and produced by Kraft Food Malaysia. Kraft was awarded the Prime Minister Award during year 1993 for the quality biscuit standard. This would increase the purchasers confident towards Jacobs cream cracker. DRIP Framework Differentiation Jacobs cream cracker position itself as healthy cracker which it is made with wheat flours. Therefore, Jacobs cracker can be taken as a source of nutrients such as carbohydrates, proteins, vitamins, minerals and fiber. It also stated that Jacobs cracker containing Actimix. The USP allows Jacobs to differentiation itself from other competitor with the nutrients and healthy fact. Furthermore, Jacobs in under the Kraft Food Malaysia, the quality of cracker can be assured. Reinforce Jacobs cream cracker is healthy and nutritious that can provides energy for daily activities. Besides that, Jacobs also come out with more range of crackers. For examples: High-iron, Hi-Fiber, Low-Salt, Hi-Calcium and etc. This can fulfill the different needs of nutrients by consumers. Jacobs can emphasize more on nutrients and healthy lifestyle information to consumers. Inform Jacobs mainly advertises in television and newspaper. The advertisement is created to build awareness of audience and reader. Besides, Jacobs also having a Facebook Page called Jacobs Malaysia. It is a platform for Jacobs to share information of its products and also let its consumers to share their experience on consuming Jacobs cracker. Moreover, Jacobs also organize special games and activities such as Jacobs Walk of Life. Participants that complete the walk will be given a gift bag with Jacobs products. This is also a form of introducing Jacobs cracker and building healthy brand images for Jacobs. Persuade Jacobs emphasize on the crackers nutrients and healthy facts. Besides, Jacobs cracker contain Actimix is a great cracker that made up of 92% complex carbohydrate and provide consumers energy to meet the demand of the day. It is also specially formulated to provide low fat per serving, suitable for fat restricted diets. Therefore, Jacobs can strengthen or concentrate on this point when communicate with audience. Those who concern on healthy meal and lifestyle will attract by Jacobs cracker because it is made by wheat and contain a lot nutrients that needed by human being. Media Planning Strategy Media planning is a series of decisions that involved the delivering of promotional message to target audience. This set a direction to guide the strategy formulation of media such as broadcast, print, promotion, public relationship and other relevant media strategies. Therefore, media planning and strategy can assist Jacobs in determining the best way to reach their target audience. Jacobs media objective is to deliver the information of Jacobs cracker can help consumers to maintain their health and live a healthy lifestyle. So, media strategy will be formulated to achieve the media objective set through various media such as broadcast and print. Target Market/ Audience Jacobs focus on psychographic, people who concern on health issues and want to live a healthy lifestyle will be targeted. This group of people highly demands for healthy meal and snacks. Foods that they consume must be rich in nutrients and can benefits for their health. As Jacobs cracker contains rich nutrients, this would best suitable to consume by this group of people. Next, for the demographic segment, there is no restriction for age and gender. No matter male or female kids, teenagers, adults or golden citizens, all of them can consume the Jacobs crackers. Besides, Jacobs cracker is healthy and good quality it will be sold at medium price level. Therefore, medium level income group are targeted by Jacobs. In Malaysia, income amount between the ranges from RM2500 RM5000 will be considered as middle income group. This is the group can afford our products. Scheduling Jacobs can schedule its advertising in reaching their consumers through various media. There are 3 types of scheduling method which are continuity, flight and pulsing. Continuity means advertise evenly throughout the year while flight mean advertise in certain months that contain festival or event. Moreover, pulsing scheduling is the combination of continuity and flight. Since Jacobs cracker can be a daily consume product, it should adopt the continuity scheduling. In continuity scheduling, advertisement is continually maintained to send information and communicate with the target audiences. This is to keep target audiences aware of the brand and product and also promote product that newly launched. Advertisements that contain promotion, new product or contest will be spread evenly during every month. This would require a good amount of budget to adopt continuity scheduling. Broadcast media After all the steps, budget consideration is important in deciding and developing media strategy for various media. First of all, broadcast media will be the primary media for advertising Jacobs cracker. For Television advertising, TV channels such as Discovery Home and Health (channel 733), Asian Food Channel (channel 703), Food Network Asia HD (channel 727), TV 3, NTV7, 8TV and ASTRO would best to display Jacobs advertisement. It would spend a large amount to advertise in TV channels during prime time which means from 6 to 9 evening. Advertising on this time is effective in reaching target audiences because people normally will stay together with family for dinner and most of the people will have television switched on during their dinner time. Furthermore, the current TVC is using a family concept with caring to promote the Jacobs cracker. This does not contain much creativity because current and previous TVC also using the same concept. To avoid boredom of TVC, it should be more creative situation and ways to be used in future new TVC. Besides TVC, Jacobs also can use radio to advertise. Healthy people usually wake up early, so the suggested air time will be in the morning. Also, working group need breakfast for starting their day. Therefore, advertise during the morning session is more likely to be an effective way. Print media Next, print media such as magazines, newspaper also another media for Jacobs advertisement placement. Health issue related magazines such as Health Fitness Enthusiast magazine will the best to place Jacobs cracker advertisement. Normally health conscious group and healthy lifestyle maintainers will keep themselves update by purchasing health magazines. They concern on health issues, therefore the presence of Jacobs ad can easily attract their attention. Newspapers such as Sin Chew, The Star and Utusan Malaysia with different languages Chinese, English and Malay respectively are also suitable to place in Jacobs cracker advertisement. This is because newspapers are also an effective ways to reach different races of target audiences. Sales Promotions Jacobs can do promotion with different promotion techniques to attract purchasers. One of the promotion techniques will be pack 2 or more Jacobs cream cracker pack together to create a value pack and sell at a price. This value pack price normally is lower price than buy separately. Therefore, such promotion can attract and influence target audiences purchase intention. Moreover, Jacobs can increase the normal packing volume. For example, enlarge the packing volume from 800g to 850g, additional 50g added. This can considered as bonus packing that offer extra crackers but charged at normal price. Public Relation Publicity Jacobs can organize campaigns and events or roadshow to communicate with the public. Information of product or company can be delivered during the events. Besides, Jacobs can allocate a budget for sponsorship of events, for examples: exhibition and contests. Jacobs will be able to create brand awareness and high exposure by placing banners around the sponsor events venue. Others Billboard advertising usually is a large outdoor advertising structure, normally found along the side of highway, for example: PLUS highway. Billboard advertising is designed to grab audiences attention and create impression in their mind, leaving them think about the advertisement (Belch Belch, 2009). Transits advertising normally use in the cities with high volume of public transport such as buses and trains. Jacobs can print the advertisement on the public transports so that when the public transport move around in the city, it can grab citizens attention and create brand awareness. Online advertising is a form of promotion that uses Internet to deliver marketing messages in attracting customers. For example, Jacobs can use banner ads for advertise Jacobs cracker. Banner ads can be placed in health related blogs, websites and forums. Social network advertising is also another example. So, Jacobs can advertise in the Facebook social network platform. Although Jacobs Malaysia Facebook page exists, it does not seem to have frequent health related information sharing about Jacobs product. As a result, Jacobs should improve from this aspect. Broadcast Media Strategy Broadcast media is one of the important advertising strategies a company can use to create awareness, increase product or brand image. Jacobs can use broadcast media to reach the mass market since broadcast media is the most effective channel to achieve that; we are exposed to different broadcast media in every day. Jacobs original cracker is positioning as a healthy biscuit which is targeted on the healthy conscious people. Thus, they can create broadcast advertisements which are based on healthy conscious concept. Although they are already doing this currently, it should be continued, repeat it again and makes further improvements so that the target audiences are reinforced by this important message heavily. By reinforcing the message to the target audiences, the product image will be stronger. Jacobs original cracker is a consumer good. To effectively advertise it to the right target audiences, broadcast medias which are able to reach the mass market should be utilized heavily since the product is a consumer good and the target market is very wide, the healthy conscious people. There are two types of broadcast media Jacobs should use to advertise their product, television and radio. Television As mentioned in the earlier part, Jacobs is advertising their product through different television channels such as TV1, TV2, TV3, NTV7 and 8TV. This is actually a good effort to advertise the product and reach the target audiences. Utilization of television for advertising of Jacobs original cracker should be continued and make further improvements. Television allows the advertiser to create advertisement which is creative and high impact which is able to send the accurate messages well. Jacobs need this ability of television because concept of Jacobs original cracker which is the healthy biscuit is a vital message that should be sent to the target audiences accurately and effective. Jacobs has to utilize this ability of television to educate their target audiences well. To achieve that, a creative advertisement which includes the unique selling propositions and emotional selling propositions of Jacobs original cracker should be created with a suitable, attractive storyline. Furthermore, the advantage of coverage and cost effectiveness by television is another reason it should be used for Jacobs advertisement. As we know Jacobs original cracker is considered a consumer good and it should be advertised to the mass market, television can help Jacobs to achieve this very well. This is because everyone is exposed to television daily. Regardless of age, sex, income, education level, everyone at least watches some television. Moreover, advertising through television is able to capture the attention of the target audiences. Without making special efforts to avoid commercials, most of us are exposed to thousands of commercial in television each year. This indicates that television has a very high possibility to capture a very high population of people which includes the target audiences of Jacobs. This captivity is actually what Jacobs need because they need the attention of the target audiences before the correct messages can be educated. Although there are some criticisms on television, saying that television is not a good medium which is able to reach the precise target audiences. Fortunately, Jacobs can still use television to advertise their product. This is because one of the television companies in Malaysia, ASTRO offers different channels based on different interest. In case of Jacobs, there are channels like Discovery Home and Health(Channel 733), Asian Food Channel(Channel 703), Food Network Asia HD(Channel 727) which are suitable for Jacobs to advertise since the target audiences can be identified. Audiences who watch the channels mentioned would be a healthy conscious consumer and these audiences are exactly the target audiences of Jacobs. On the other hand, Jacobs should use network advertising for broadcast media to fully utilize the budgets. Network advertising is the most appropriate one for Jacobs. Although the budget would be higher than the spot advertising, network advertising provides Jacobs a few advantages. The purchase process of the airtime is simple for network advertising. Jacobs is dealing with only one party when come to the purchasing of airtime. Besides, audiences who watch the networks which are suitable for Jacobs such as Discovery Home and Health share the same interest, which is to seek a healthy lifestyle. Thus, when Jacobs advertise through the entire network, the target audiences can be reached in a higher chance. In terms of buying airtime method, participation should be chosen as a strategy of Jacobs. As mentioned earlier, Jacobs original cracker is a type of consumer goods which is to be advertised to the mass market. By participations through buying different commercial time, the advertisement of Jacobs can reach more audiences; this is what actually Jacobs need. Other than that, the expenditures of advertising can be controlled since there is no long term commitment to any program; Jacobs is considered only participate in sponsorship of the programs. In selecting the time periods for the advertisement, Jacobs should choose the prime time, 8pm to 11pm or morning time segment, 7am to 9am. Prime time is the time segment which is the most popular time period where most people watches television. Thus, for a consumer product like Jacobs original cracker, it should be advertisement in this time segment to have a greater reach of the target audiences. On the other hand, morning time segment can be chosen too. This is because most healthy conscious people who are the target audiences of Jacobs wake up early in every day. This can reach the target audiences effectively and efficiently. Radio Jacobs seldom advertise their product through the radio. Radio is actually another good media which can be used since it is able to reach the mass market too. Jacobs should start advertising more through radio as it can be used as an alternative medium instead of television. Radio is good in advertising because it can achieve the goal of most companies who are advertising their product, cost and efficiency. Cost for advertising through radio is low; radio commercials are inexpensive to produce and the cost for airtime in radio is also low. This is absolutely a great reason for any company including Jacobs to advertise. Other than that, low cost of advertising through radio in turn increases the efficiency. More reaches of the audiences and frequency of advertisement can be obtained since cost is lower down. Jacobs need this strategy to reach as much target audiences as possible. In addition, radio listeners are emotionally bond to the radio stations they listen frequently. In other words, they have a special, unique relationship with their preferred radio stations. Thus, advertise through radio is a good way to influence the thinking of the audiences. Since there is an emotional bond between the radio listeners and radio stations, advertisements appeared in the radio stations are easily accepted by these radio listeners. Jacobs should utilize this ability of radio to educate the target audiences about the concept of Jacobs original cracker, which is a healthy biscuit. Flexibility of radio for advertising is an ideal advantage for every company who wants to advertise including Jacobs. This ability is also unique as other media are not as flexible as radio. Messages can be easily adjusted any time before it goes out on air to suit the market conditions and situations. Other than that, another advantage which can be obtained through advertising on radio is mental imagery. The elements of the commercial on radio are only the jingle and the voice of the speaker. Although this is limiting the creativity of the advertisement, this allows the listeners to imagine about the product advertised. For instance, Jacobs advertised their Original Cracker through messages about how healthy a person will be by consuming their biscuit and the listeners may start imagine that they might becoming healthy as well if they eat the biscuit in every day. Spot radio is suitable for Jacobs to advertise their product. Network radio is not effective for Jacobs because there is no network of radio that attracts the specific interest of different listeners. Healthy conscious people may not listen to the same radio network. By spot radio, Jacobs can find suitable airtime on individual stations in different markets. This is more effective to reach the correct target market. In selecting the time periods for the advertisement, Jacobs should choose morning drive time or the daytime. The reason is simple. Healthy people wake up early in every day. Plus, working adults who drive in the morning have needs for a healthy breakfast. These supported the morning drive time is reasonable to be chosen. On the other hand, the second choice would be the daytime. This is because, except in the morning, people would like to eat biscuit in the daytime rather than other time periods in Malaysia. Print Media Strategy Print media is another media which advertisers use frequently to advertise their products. It is a popular media in addition to broadcast media. Print media is very much different with broadcast media. Print media allows the audiences to read the messages with own pace. Unlike print media, most broadcast media are on air for limited time period. Audiences may miss out some important messages which the advertisers want to send to them. Print media solve this problem by printed out the advertisement and audiences can read as many times as they wish. This may lead to a high involvement by target audiences who are been attracted. There are many different types of print media. We would like to recommend Jacobs to use magazine and newspaper as the print media. Magazine Magazine is a very powerful print media especially for different lifestyles and specific interests such as sports, automobile, healthy lifestyle and others. Thus, magazine is an ideal print media for advertising. This is because the different market segment can be easily found out by different lifestyles and specific interest. Jacobs seldom advertised their product on the magazine. Magazine should be utilized well. Magazine would be a useful print media for Jacobs to reach their target market effectively. This is because of their ability to reach a specific target audience. Most magazines are published for specific interest groups; this is same to the healthy conscious people. In Malaysia, there is a popular magazine called Oh! Only Health. This magazine is targeted on people who want a healthy lifestyle. Jacobs can create own advertisement for Original Cracker and advertised in this magazine to educate the target audience that Jacobs is selling healthy biscuit and it is suitable for them. Apart from that, the quality of the magazines papers is good. Thus, creativity of the advertisement would be not restricted and as creativity is good, audiences would be got attracted and messages can be sent well to the readers once they are attracted. In addition, magazines are normally read over few days and being kept for a long time. This means that the advertisement would be repeated each time the reader flips through the page which printed the advertisement. Jacobs need a repetitive advertisement so that people can remember them well. So, magazine is a very useful print media for Jacobs to advertise their product, original cracker. Furthermore, magazine is a media which people search for specific information. Other than newspaper, magazine would be the most reliable source for information for the consumers. Consumers would likely trust whatever information provided in the magazine. Same to the healthy lifestyle magazine, healthy conscious people would likely to find and know more ways to be healthier in their life through getting information from the healthy lifestyle magazine. Jacobs should take this opportunity to advertise their product as a healthy biscuit in the healthy lifestyle magazine to gain trust and positive word of mouth from the target audiences. These people who read the healthy lifestyle magazine would likely to become an opinion leader for other consumers. Thus, positive word of mouth from these opinion leaders is very important. Purchasing suitable, enough advertising space and position in magazine is important. Space and position should be decided with considerations on budget and impact of the advertisement. In case of Jacobs, there is not much information needed to be provided in the advertisement. Thus, a quarter page of space is actually enough to provide relevant, related and important information. Although Jacobs position as a healthy biscuit, there are many other healthy related activities, foods and others in the magazine. So, position of the advertisement by Jacobs should be focusing on cost rather than good position. This is to save cost of advertisement as magazine is considered a high cost print media. Newspaper Newspaper is the second major form of the print media. It is as popular as the magazine. Newspaper is important for advertisers because there are many readers of newspaper. Moreover, mostly any types of advertisement are suitable to be advertised in the newspaper since there are many sections in a newspaper. Jacobs has been advertising their product through newspapers such as Utusan Malaysia. This act should be continued to send important messages to the readers. One of the reasons newspaper should be used to advertise Jacobs product is its extensive penetration. The type of newspaper Jacobs would advertise is definitely the daily newspaper. As we know, there are many readers read newspaper daily. This shows the high degree of newspaper market coverage. Jacobs as mentioned before, they are selling consumer good, biscuit, newspaper would be very suitable for Jacobs to advertise its product, Original Cracker since a very high population of audiences including the target audiences can be reached. Jacobs should advertise their advertisement in the healthy section of the newspaper to match the target market. People who are concerned on healthy would find information about the knowledge about healthy food, activities and others in the newspaper. When these readers read the advertisement advertised by Jacobs in the health section, they would trust the information given because readers of newspaper trust the information provided by the newspaper. Although the advertising rate for Jacobs which is the retailer advertising rate is already cheaper than the general advertising rate, budget can be save through using a black and white advertisement in the n