Tuesday, October 1, 2019
Economic Report
In economics, we need to use terms a little more carefully than they are sometimes used in ordinary discussions. In general use, ââ¬Å"Demandâ⬠is a word that can have more than one meaning, but in microeconomics we define it more carefully so that it has only one meaning. Here is the definition: Definition: Demand Demand is the relationship between price and quantity demanded for a particular good and service in particular circumstances. For each price the demand relationship tells the quantity the buyers want to buy at that corresponding price. The quantity the buyers want to buy at a particular price is called the Quantity Demanded. The key point is to distinguish between demand (the relationship) and quantity demanded. That distinction is important for microeconomics, although people often do not make it in ordinary discussion. Demand and Need To keep it simple, we may think of the buyers as consumers. (Later we will look at markets for inputs to production, in which the buyers are producers of other goods and services). Clearly, the buyers are the people who want or need the product or service ââ¬â but there is more to it than that. The word ââ¬Å"demandâ⬠refers to the willingness and ability of people to purchase the good or service in the market. The demand relationship expresses that willingness and ability for the whole range of prices. To say that a person has a demand for a particular product is to say that the person has money with which to buy and is willing to exchange the money for the good. People will not demand what they do not want or need, but a want or a need unbacked by purchasing power is not a demand. Similarly, it is not enough that the suppliers possess the good or (the capacity to perform) the service. Supply also means willingness to sell. Most of us have experience living in the market economic system, and that makes economics seem like a common-sense field ââ¬â but sometimes that common-sense feel can be deceptive. People sometimes use the term ââ¬Å"demandâ⬠ambiguously ââ¬â as if ââ¬Å"demandâ⬠were the same thing as need. But it is not. Need without purchasing power will not create effective demand in the marketplace. Economists sometimes stress this point by using the term ââ¬Å"effective demandâ⬠in place of simple ââ¬Å"demand.â⬠As we have seen, economists think of the demand for a good or service as a relationship between the price of the good or service and the quantity demanded of that good or service. Common sense says that the relationship is an inverse one; that is, that an increase in price will result in a decrease in the quantity demanded. In this, common sense is absolutely right. The higher the price, the less quantity demanded, and conversely, the lower the price, the more quantity demanded. Many economics textbooks use examples based on hypothetical (made-up) numbers. There is nothing wrong with that and we shall use some of them later on. But why not use a real example? Several years ago, the author estimated the demand relationship for beer. Here is an example based on that estimate. The prices quoted are wholesale prices, in cents of 1972 purchasing power. Quantity demanded is measured in millions of gallons, for the United States as a whole.
Monday, September 30, 2019
Geography Coursework – Methodology – Centre Of Leeds’ CBD
For my geography project I visited Leeds to try and find the economic centre of the CBD of Leeds. I needed to collect land use data as this would help me investigate the first of my hypotheses which is the nearer to the centre of the CBD, the taller the buildings as I counted the heights of buildings in my area on the geography field trip and with the groups data of the building height of the whole CBD. Also I would have needed to count the pedestrian flow as this would help me investigate the second of my hypotheses which is there will be a higher volume of pedestrians nearer the centre of the CBD .The data collection area was near the centre of Leeds CBD as I collected my data around Briggate as the edge of the Leeds CBD is near the tall office buildings. < a map to show the buildings that our group had counted in our square B2 and shows numbered square > The two pieces of individual data that I collected was: 1. traffic count 2. Environmental quality assessment The two pieces of group data we collected was: 1. Pedestrian flow 2. Land use 3. Building height The individual secondary data that I will be collecting is: 1. Land values The structure of the day was that we were going to split the day into two halves. We collected the group data in the morning and the individual data in the afternoon so we had much more time to collect our individual data. Group data For our group data we split the CBD into grid squares and two people were responsible for recording the building height and land use for the buildings in the given area and to do four pedestrian flows and we did the pedestrians flow outside the Town Hall on Westgate. We did this so we could cover more area and therefore the data collection techniques had to be the same throughout the whole year. For the group data we calculated the Pedestrian flow in a certain area at four different times also we calculated of the building height of the buildings in my groups square and started straight after we got out off the coach. Also we did land use of the buildings for this we calculated what particular use a building would be. We put letters on a map of Leeds that sod for type of the building e.g. a=commerce, b =administration etc. All the data in the Group Data was to be shared between all the groups. < The image on the left to shows my square which was B2 and the image on the right shows the building we had to investigate> Building Height To collect data for building height I worked with a partner and we counted the number of windows of each building in our grid and used this as the height, we did this because we didn't have the time or equipment to measure the exact heights. We then collected the whole of the year's data and have a good number of buildings from each grid to see where the tallest buildings are also the Building Height was fairly easy at times as you had to count the floors on the outside of the buildings, but there were problems counting the building height as we agreed not to count the cellars, but some buildings on slopes had cellars at the back and ground floors at the front of the buildings and we did not agree to count these aswell. Pedestrian flow We marked out four points on our maps equally distant apart and took counts of people who pass us. One of our pair counted right to left and the other counted left to right so we could efficiently record everyone. We went to the Town Hall on Westgate and we counted the number of pedestrians who were walking either in or out of the CBD. We thought this was an ideal to do our pedestrian count as we were near the edge of the CBD, so it was an ideal place to count the number of pedestrians walking in and out of the CBD. Land Use For this we used the ground floor land use of each building on our maps; we had certain categories and we put them in the ones which best fitted the land use. We did this because the categories gave an idea of the type of land and what it was used for. We then collected them with the rest of the year's data on a database to see the different land uses around the CBD. We had filled in the land use of the buildings in a table which has all the number of the buildings. I think that the amount of categories that sort out the buildings was the right amount because if there were more categories it would have made it more complicated to organise the Land use on GIS, if there was less categories then it would have made it hard to organise the different types of buildings in the categories. Luckily we had successfully had no problems classifying the buildings into different categories. Individual data For individual data I collected raw data for the two options I chose. I did this by going round Leeds CBD and recording the data. In the second part of the day we did Individual Data. I did 10 environmental quality assessments and I did 2 traffic counts as they took 5 minutes each and the environmental quality assessments were scattered around the Leeds CBD. Environmental quality survey I did many of these all around the CBD of Leeds as I had done 10 environmental quality assessments and I had done many of these near the centre of the CBD as my investigation is to find the centre of the CBD of Leeds. I did many of the environmental quality assessments around the centre of the CBD (which I think it is near or on Briggate) and I did the rest of the environmental quality assessment sheets around the edges of the CBD. The reason I did the survey in different areas of the CBD was to see the difference of the quality of the environment throughout the CBD of Leeds. I also thought that this survey was important as the centre of the CBD is supposed to have the best quality of environment in the whole CBD of Leeds. As the table shows this is not true and the cleanest area is in Gourmet Pizzeria, St Paul's Street. < Shows the Quality of environmental survey I used> Traffic count Our group did the Traffic count in a busy location. We did our traffic on Bishopgate Street, beside Leeds Train station. The reason of us choosing the location was because it was at the edge of the CBD meaning the traffic that we had counted had been going in and out of the CBD. We did 3 traffic counts at different times but at the same location as we wanted to see the change of the traffic flow throughout the day. In our traffic count we had counted all the vehicles that came passed the road, cars, buses, taxis e.t.c. The most amount of traffic that had come past our point (the highest number of vehicles an hour) was at 2.30 pm and there was 1524 Vehicles an hour.
Sunday, September 29, 2019
Gardenia and Pepsi Cola in Laguna
We visited the plant of Gardenia and Pepsi Cola in Laguna. We arrived at Pepsi Colaââ¬â¢s plant first, in which they explain the process of production of their products then had a chance to tour the plant. From Pepsi Colaââ¬â¢s plant, we had a stop over at SM Sta. Rosa for a few hours then to Gardeniaââ¬â¢s plant. There, we saw the production of their products by explaining the process first then saw in actual the step-by-step process of manufacturing their bread. In Pepsi Colaââ¬â¢s plant, we only visited the part of the plant in which bottles of their products are located. I found it needless because I expect that we could observe concretely the necessary procedures on how Pepsi products are made or from direct materials to finish goods. But we only saw the bottles and already packed products. I also found their plant unclean for products are unorganized plus lack of ventilation. Similar essay: Gardenia Distribution Strategy I like Gardeniaââ¬â¢s plant better. They designed their plant in a way that there is an auditorium to present clearly and comfortably the manufacturing process of their products, which were intended for visitors. Also, there is a place for viewing the actual production procedure. I also like the ambiance and how staffs welcome and entertain visitors at Gardeniaââ¬â¢s plant. If I will rank our plant visit as 10 being the highest, it will be 6. Because I didnââ¬â¢t find it much useful in our course except the fact that compared to my previous visit, at least, I was able to relate more with what I saw like some notes posted on their walls. Also, I was able to appreciate the visit more for we already discussed topics relating to manufacturing companies.
Saturday, September 28, 2019
Architecture as a Means of Upliftment in South Africa
Architecture as a Means of Fulfillment in South Africa, post-apartheid Introduction The end of Apartheid allowed for ââ¬Å"new ways of describing public institutionsâ⬠according Togo Nero, in an interview for the Small Scale, Big Change exhibition. And as a result, architecture can be seen as a means of cultural fulfillment in post- apartheid South Africa. So the question is, how does architecture affect social change and identity In this country? This a two-fold question.This essay will look to address this question, In an analysis and comparison of Joy Onerous Red Location Museum In Port Elizabeth, and the Alexandra Heritage Centre in Johannesburg. We will start with a brief history of apartheid, and the sites, to put the buildings into context. Followed by a look at the purposes and concepts of the afore mentioned buildings. From there, we will address the structure and materials and go into an analysis and comparison of the buildings, ending off with the buildings in the pr esent day.History South Africans entire history is plagued with issues and tensions over ethnicity. This is evident all the way back to the early 1 sass when the Dutch and English used the Cape as their stopover point, and began to colonies, forcing the native people (such as the San and Koki) from their homes, and claimed the land for themselves. Battling for land and ownership between the Dutch and the English went on for many, many years, resulting In events such as the Boer War. In 1910, South Africa became a member of the British Commonwealth, with both parties sharing power.By the asses, the Nationalist Party grew in strength resulting in them finally coming into power, and the start of apartheid in 1948. Apartheid resulted in many things, but the cost important factor was that of segregation of races, and classification. Different races were given different social areas, occupations and areas to live. The years to follow were full of unhappiness, and protest- both peaceful an d not. Jumping ahead to 1990, we see the beginning of change- laws lifted, and constitutions redrawn. In 1994, South Africa saw the election of their first black president and the legal end to apartheid.New Brighton, Port Elizabeth Is one of the oldest black townships In South Africa, with the Red Location- so named after the old red corrugated barracks there- being the Much peaceful, non-violent protest happened, and it was here, in 1952 that a group of local NC members marched through the ââ¬Å"Europeans Only' entrance at the New Brighton Train Station. This was the start of many more acts of defiance. After forty- six years, apartheid ended, and the Red Location was chosen to be a site where history and the location itself, would be preserved. Alexandra Township, in Johannesburg was named a township in 1912.It was one of the few townships that was not demolished as a result of the Group Areas Act- the township was too much of an important place for people in the northern suburbs to mind labor. However, the government found that Alex was over-populated, and so sought to forcedly remove people. This led to many boycotts and protests in the area. Alex is an important part of the apartheid history, as important NC members lived there at one time or another- such as Nelson Mandela. Alexandra Township today is a bustling and vibrant area, with an ongoing project to develop and preserve it.Purpose and Concept In 1998, a national competition was held to design a precinct in the Red Location that would bring tourists into the area firstly, as well as to preserve the history of the area. It was to include new housing, a library, art centre, gallery and market hall, a conference centre, and obviously, the centre piece- a museum centered on apartheid. The winner of the competition was the Cape Town based, Nero Wolff Architects. Their scheme would formalize a public space- something that was lacking in Red Location.This ââ¬Å"plazaâ⬠would be at the centre of the precinct- the intersection between the two roads created in the design. As well as this, there were a few factors that put it above the other entries: firstly, great care and thought was put into the call of the design- not only does it blend in with the industrial buildings in the area, but it is considerate of the scale of the township itself. The second point is its aesthetic- the language is straightforward, and the buildings celebrate the ordinary materials- like concrete and corrugated iron.This overall scheme does however, have a slight industrial feel to it- which is deliberate in tying the building into its site. And the last thing was that the building had a unique approach to preserving the history, and courting whatever exhibits it would house- all of which creates a memory evolving around the struggle for freedom, rather than apartheid itself. In 2001, the Alexandra Tourism Development Project (ATOP) was founded, by the Sautà ©ing Tourism Authority, in the hopes to de velop a number of tourism facilities and infrastructure with emphasis on the heritage of the area, and to bring in tourism.Time, effort and money were also put into upgrading the housing in the area- and this has been a hugely successful project, major improving the lives of the people that live there. And this was a big stimulant when it came to the Heritage Centre- it ââ¬Å"must serve primarily as a resource for the community ââ¬â they must be incentive of as essential and integral parts of the urban and social fabric of Alexandra ââ¬â rather than simply as an attraction for visitorsâ⬠. Anyone Duggan, project something that Peter Rich took into account, in his design- which we will discuss later.The Alexandra Heritage Site serves mainly as a venue space- where meetings, exhibitions and classes can be held. There will also be a permanent exhibition, showing the history, and stories of the area, as well as artworks and photographs. But according to Peter Rich, the most important feature is that it is a place where the older generations can tell their stories and record their memories. Interview in Convey, online magazine, 2011-1) Structure, Materials and the Building Process For the purpose of this essay, I will focus mainly on the Museum itself, rather than the entire Museum of Struggle Precinct.In the Red Location Museum, the building itself only serves to house and protect the exhibits- the twelve corrugated ââ¬Å"memory boxesâ⬠(more later) hold all the significance and meaning. The building is designed to evoke little emotion, which goes to strengthen ones experience of the interior. This building is an example of a massive concrete structure- built from pre-cast concrete elements, and in-situ elements, such as the columns- which bring a sense of permanence to the building. Other than its sheer volume, perhaps the most important structural feature is the roof.For their initial design, Nero Wolff looked to anti-apartheid protest art for clues. In the painting shown, the three seminal building types are evident:, the double story school building, the ââ¬Å"box-houseâ⬠and the saw- tooth roofed factory. The saw-tooth is an image strongly associated with the factory, and during the times of apartheid, the factory was associated with civic virtue, as it as the trade unions that helped shape the internal struggle for freedom. Civic buildings at that time were also images of apartheid, so Nero Wolff wanted to create a distinction.So the Museum was designed with a saw-tooth roof- which also offered good lighting and ventilation opportunities. The Alexandra Heritage Centre primarily used red steel girders, brick and poly- carbonate sheeting, giving it a lighter appearance than the Museum- especially because it also bridges across the road, which creates an observation deck overlooking the township. Peter Rich describes it as having an ââ¬Å"ad-hoc estheticsâ⬠(Interview in Convey, online magazine, 2011-1) whic h is influenced by the surrounding without being patronizing.It has a civic feel, but still blends into the township- much like the Red Location. Peter Rich also sort ideas out from the people- he spent a great deal of time observing daily routines and such of the area, and used this to influence the design. Both buildings used local labor. Alex not only used local labor in the construction, but also in the smaller details, like the glasswork in the windows. The Red Location used 50% local labor, and every three months, new people were brought in- trained ND put to work. This offered much in the line of employment.Analysis and Comparison which houses a library and the exhibition space and offers views of the surrounding houses. The building has many opportunities for transparency- from the entrance, you can observe below into the public spaces, outside next to the road and in the interior, the planes are interlinking. There are also ambiguous internal spaces- this allows for great f lexibility in purpose- they were designed to be able to house political as well as social events. Another dimension is added, under the bridge- this space is owe redefined as street.Because of the polycarbonate sheeting and glasswork, the building gets good daylight- which is important if the space is to be utilized for workshops and such. As one enters the Red Location Museum, one is brought from the large sweeping veranda, to the entrance hall- which takes you from the informal exterior to formal interior, with its large volume. The entrance hall serves as a transition space. The entrance also houses the auditorium, which can be accessed from both sides. From here, the movement is directed via a row of tall concrete columns which are the first splay- the ââ¬Å"walk of heroesâ⬠.These bring you into the main exhibition space- which is initially concealed- this was deliberate, to bring in a sense of ââ¬Å"mysteriousnessâ⬠. The main exhibition space houses twelve towering rusted corrugated structures- the ââ¬Å"memory boxesâ⬠which relate back to the actual memory boxes which were treasured items during apartheid. Through these boxes, the exhibitions could be curates through themes. Each box is different on the inside, housing an exhibit. The memory box, is supposed to represent history, while outside of the museum is the present.The space inebriate- the twilight zone- is the transitional space, where past is lost to present. And it is in this space, which one moves around in the museum- choosing your own path and therefore creating your own understanding and story. This is achieved through a deliberate lack of hierarchy- the boxes are placed in a grid. The townships share similar histories, so it is only natural that any public buildings within them would have similarities. The obvious difference is their function, but other than that, these buildings share similar approaches, labor strategies, reasons for materiality.But the biggest similarit y is that they both have a positive impact on their locations, and are strong beacons towards a better future and a new identity. The Buildings in Present Day The Alexandra Heritage Centre, after many years of delays and budget problems, is near to completion. Of course, projects to uplift and rejuvenate the area are still on going. Tours are given of Alexandra regularly (called shoo' left(s)) which include visits to Mandela's Yard and the Heritage Centre. From the limited resources available, it is evident that the community think this building is a huge success- which is the most important opinion.It will take a few years, and more rejuvenation of the area, to bring in the amount of tourism that the ATOP hope to bring in, however. The museum. Currently, the next phases- the art gallery and the library/archive are completed- with minor interior issues still to be resolved- these are not open to the public yet. Future plans for the site include more, higher density housing, and an a rts school- which will include a theatre which can bring in more involvement from the community.The precinct is very successful- it brings in tourist attention, the community love it and make use of it on a daily basis. On a larger scale, the Museum does much to rejuvenate South Africa, in post-apartheid times. Conclusion When asked, how does architecture affect social change and identity in this country, one needs to look at why it is necessary to uplift the community and why perhaps, is change needed. It is evident that huge change was required after apartheid to begin to heal this country, and one of the biggest tools the apartheid government had to control people, was space.Through the two public buildings that were compared, we can see how this country, through architecture, has begun to correct itself. These buildings are not patronizing to anyone- not any race or class- and aside from their obvious functions, they bring about new change and identity to their respective commun ities. We can successfully reach this conclusion now, as we know the background and context, and are well acquainted with the buildings through an understanding of structure, materials, purpose and concept.As with most things, change is ongoing, and the Red Location Precinct and Alexandra Heritage Centre are testament to this. As a young architect in South Africa, it is clear to me, that to create successful public buildings, a good understanding of the surrounding context, community and history is obvious, as well as an understanding that the architects role is to create spaces- and that space can have a huge affect on people, and that it is our duty to shape this space as best to assist the community as possible.
Friday, September 27, 2019
Chinese Women and Culture Essay Example | Topics and Well Written Essays - 1750 words
Chinese Women and Culture - Essay Example The recent developments on China portray a comparatively liberal image of the women than was possible some decades ago. Not too far off in history, in fact if a critical analysis is made for the 1980`s and the 1990`s both the authorities in China as well as the traditional Chinese society were resistant to the growth of feminist attitudes.The traditional ancient Chinese rituals and belief systems though still prevalent to some extent in China adds to the limitations that women have to face to contribute significantly to the Chinese cultures and traditions. 1990`s however opened doors towards acceptance to the fact that women can also significantly contribute to the cultural development in China.To understand China in the modern context, it is crucial to analyze the role of women in the ancient century as well so that patterns in evolution can be drawn.China is always perceived as a culturally isolated and a backward society, and the image of the state is that of an authoritarian tyra nnical one. Modern elements of change like modern art, modern music, internet evolution and social networking seems to be absent and highly controlled. The beginning of the new century saw an immense increase in modernization. With the opening of market in the late 1990`s, China`s economy started to boom as markets expanded and modernized. Cultural values, however, didnââ¬â¢t saw as immense of a change but some level of change was inevitable and 12 Girls Band is the product of this change. Thus, 12 Girls Band is symbolic for women empowerment, the ability for Chinese to preserve their traditional legacies, portraying a liberal yet sophisticated image of Chinese woman throughout the world. All members of the 12 Girls Band are thus Ambassadors to China who have positively affected the cultural variables in China at home and abroad. To understand China in the modern context, it is crucial to analyze the role of women in the ancient century as well so that patterns in evolution can b e drawn. In the ancient China women were considered to be inferior to men, and all their lives they were expected to obey the male members of the family, thus they had no freedom of their own and their role towards cultural community development was absent. The practice of binding women`s feet is symbolic for the control over women during that century. However, with time when the People`s Republic of China was found the role of women started to change, at least rhetorically and a significant level of independence was gained by the women. It wasnââ¬â¢t until 1979 that the government enacted reforms which enabled women to seek jobs in the market. This was the beginning of the initiation of the contribution of women to art; however the role was still very limited. However, with the cultural revolutions more and more opportunities were produced for the women and the process of evolution began to speed up (Wales 1967). Until the 1990`s the women were significantly contributing economi cally as well as culturally to the Chinese legacy. During this period, women poetry groups and arts clubs began to emerge and their activities began to enhance rapidly (Descoteaux 2008). The beginning of the new century saw an immense increase in modernization, and thus 12 Girls Band is a product of the modernization and cultural fusion. The band was selected in an audition in 2001, and twelve members later constituting of thirteen members, this band was a unique blend of girls who knew to play diverse range of instruments both modern and traditional in nature. All band members have gone through rigorous trainings in the field, and all of them belong to the conservatories groups which include the China`s Academy of Music, Central Conservatory of Music and the Chinese National Orchestra. The idea behind the concept belongs to Wang Xio-Jing who wanted twelve members for a band and his aim was to promote folk music however make it appealing by adding a modern touch to it. Thus, the wom en were inspired by the work of Yue
Thursday, September 26, 2019
Health promotion program Coursework Example | Topics and Well Written Essays - 1250 words
Health promotion program - Coursework Example People with admitted with substance abuse problems are found to have waited for an average of 15.2 years to find assistance from the first time they got involved with the substance. The study of over 320,000 adults has shown that males fitting the above description took longer to find help. On average it took them 17.2 years. The Substance Abuse and Mental Health Administration puts people in this category who have abused alcohol have 19.8 years as the number of years they have waited before seeking for treatment; on the other hand it took approximately 8 years for people who abused prescription painkillers to seek help. These figures indicate that substance abuse related problems can be undetected for a long time pausing a serious threat to the affected personââ¬â¢s health and to those around them. These justifies the reason for coming up with a health promotion program to prevent substance abuse prevalent in people falling within our description that will help identify the probl em soon enough, accord the patient necessary treatment so that the patient, the community and friends do not experience prolonged years of misery (Green & Kreuter, 1999). Over 3 $ 1.5 million teenagers between the ages of 12 and 17 abuse tobacco, this statistics represent 15% of teenagers of that age group. Of that age group, 13% or 3 million abuse cigarettes and most of them fall under this target population. In America half a million people are killed by tobacco. Tobacco kills more people than all other addictive drugs put together. In every occurrence of 6 deaths, one is related to tobacco abuse. Research studies done for over 25 years have related heavy smoking amongst teenagers to agoraphobia which is the fear of going outside. Panic attacks occur 15 times more often amongst teens who smoke. They also experience anxiety disorders and depression. The objective of this research is to reduce
Personal Statement for MSc Finance application Essay
Personal Statement for MSc Finance application - Essay Example My interest in the field of finance is of dual nature; I not only enjoy working out the objective aspect, i.e. the calculations and analysis of financial data but am also drawn to the beauty of its application phase. I am fascinated by the way accounting principles when applied benefit a business task and enhances it in all respects. I see the process of running a business or industry like solving a jigsaw puzzle, with four components; the accounts piece, the financing piece, the marketing piece and the management piece. They are all part of one, bigger scheme. I find beauty and joy in compiling all these components; and feel a strong sense of fulfilment when these pieces are fully combined to give an enhanced end product- the complete picture. During my internships and other work experience, I have had the chance to taste different business related aspects: I have gained some experience in marketing, accounts, management and financial analysis. All these experiences have led me to b elieve that finance is the area that is of greater interest to me, since foundations of any business are embedded in its finance department. If there is capital and strong financial analysis the shortcomings can be pinpointed and management can then be moulded so as to yield desired results. I have been an academically above average student throughout my studies and have participated in various co curricular activities at school and college level. Being a person who is gifted in leadership qualities, I have led various fund raising campaigns during my college years. One of my note-worthy participatory activities in this regard is that of the fund raising campaign for members of studentââ¬â¢s career development association. This was led by me and with assistance of other members of the society; we managed to raise more funds than the target sum. As a student, I have had some opportunities (though limited) to practically apply the theory being taught. In doing so I felt a need to h ave more command over the financing element which is why I have chosen to attain a post graduate degree in finance. Here is an incident form my life which I would like to share: When I was working as an internee with the marketing department at ââ¬ËNew Thoughtââ¬â¢ in China, I was assigned the task of conducting some primary and secondary research in order to assist the business partners in determining the best strategy to achieve their goals. While I was gathering and analysing this data, I realized that even the marketing side is dependent on the accounting principles. What I did was to identify the gaps in information based on accounting and finance and recommended them to incorporate finances based marketing strategies into their existing marketing strategies. This incident further strengthened my aspirations to attain a post graduate degree in finance. I learnt that finance background gives a person the power to better understand business dynamics and places the person in a better position to solve other business related issues including management and even marketing. I also have a deep interest in the world economy and have attained ample knowledge about the stake-hold share market. I believe that raising capital is an art; an enjoyable but complicated task to do; and one needs to have sound knowledge of finance in order to do so. Accounting provides investors and businessmen with multiple techniques to manage record and communicate
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