Event Management on Dance Shows

Event Management of Dance Shows Events Occurrence happening at a determinable time and place, with or without the  participation  of human  agents. It may be a part of a  chain  of  occurrences  as an effect of a preceding occurrence and as the cause of a succeeding occurrence. Arrival of a  significant  point in time. In  project management, an event  marks  the point in time when a  task is  completed. Events are usually classified either as corporate or private. A professional event manager can ensure that any special event (corporate or private) proceeds flawlessly, is well attended and memorable.This page enlists different types of events, descriptions of their purposes and characteristics, as well as online tutorials that explain how to plan those. 1. Corporate Events: Corporate events can vary greatly and can have a great impact on company image. Planning a corporate event, whether it is a national trade show or a local company picnic recognizing em ployee achievements can be stressful at the least and disastrous if not managed properly. Whether you are launching a new product or trying to retain your loyal customers’ one thing is certain, you need to leave a lasting, positive impression on your audience.A successful event will leave the audience impressed, inspired and motivated to use your company. A poorly planned event can leave employees unmotivated or alienate your target audience. 2. Private Events: Private events are primarily celebrations such as weddings, birthdays, anniversaries and reunions. At these events the host is usually trying to create memories to last a lifetime. Unfortunately, planning such an event can be time consuming and often the only memory the host has is how much work it was to plan the party. Types of EventsThere are almost countless types of events, some are demanded frequently by customers, others seldom find in-depth information about the most important types of events. Corporate Events Conferences are popular and important business events. Everything about the event management of academic, medical and business conferences Seminars educational events for the training of managers and employees. Most seminars are not comparable with boring lectures. Interactivity is core! Meetings are common business events in large companies, perfect to discuss operational and financial strategiesTeam Building Events key to develop and motivate teams in companies and divisions. Everything about the planning of professional team building events Trade shows exhibitions where companies can present and demonstrate their latest products. A professional presentation is crucial Business Dinners a long-standing corporate tradition to conclude fiscal years, celebrate new milestones or to get in contact with key customers Golf Events golf tournaments or retreats. Those events aim to acquire new customers, to increase customer loyalty or to motivate employees.Press Conferences perfect business events to promote new products, launch marketing campains or to inform the shareholders and public about financial issues Networking Events are personal marketing galas. Such events are great opportunities for contact establishment and personal marketing Incentive Travel are perfect to reward and to motivate employees or to increase customer loyalty and retention. Everything about incentive travel Opening Ceremonies are held to start conventions, annual meetings and other events that last for two or more days.Find everything about opening events Product Launches are critical for the successful market introduction of some products. A perfect product presentation might also increase the media coverage Theme Parties events that devote to a special topic. Popular events are casino nights or Halloween parties. Ideas and planning tips VIP Events are used to increase customer loyalty. Professional planners organizing VIP events that ultimately increase your revenues. Trade Fairs are a gre at opportunity to present your latest products to customers and business partners.Shareholder Meetings are yearly and obligatory events to inform a corporation's shareholders about company issues and to elect the Board of Directors. Award Ceremonies are great events to honour and motivate key staff or to acquire and retain customers. Event planners are able to organize events to remember. Board Meetings focus on strategic goals and visions. The event venue and the planning process should reflect the prestigious nature of these meetings. Executive Retreats escapes from stressful work schedules and the day-to-day business.Learn how they should stimulate free thinking and creativity. Private Events Weddings should be the most important days in the life of brides, grooms and their families. Professional event managers help to plan the events. Birthdays require seldom a professional event manager, but there are exceptions. Find out how event managers can help you to make your party a suc cess. Wedding Anniversaries celebrate milestones in a couple's life together. Ideas and hints that help you to plan those events or find professional even managers.Family Events are great opportunities to assemble whole families. We offer hints and ideas to plan perfect family events like birthdays, weddings, etc. Categories of Events Events can be classified into four broad categories based on their purpose and objective: 1. Leisure events e. g. leisure sport, music, recreation. 2. Cultural events e. g. ceremonial, religious, art, heritage, and folklore. 3. Personal events e. g. weddings, birthdays, anniversaries. 4. Organizational events e. g. commercial, political, charitable, sales etc. Event ManagementEvent management is the application of the management practice of project management to the creation and development of festivals and events. Event management is an exciting and growing industry, as well as a unique career opportunity for everyone with a passion for the planning a nd organizing of events. Many companies and individuals realize they do not have the expertise or time to devote to the task of planning such special events and turn to professionals specializing in event planning. Event management companies can ensure that any event, corporate or private, large or small, goes smoothly.Event management services can be tailored to the client’s needs and budget. Event planning services can include: * Creating a theme to be carried throughout invitations, decorations and promotional items * Securing a location or venue * Choosing entertainment * Planning the menu and securing catering services * Providing an event website with online registration or responses * Marketing and promotions Regardless of the type of event you are planning, an event manager can help you reach the goal of a flawless, memorable event with much less stress.Event Management Companies Event management companies with experienced event planners can mean the difference betwee n a forgettable event and the night of your life. Event management companies come in many different forms, providing varied degrees of service, and can manage the infinite details associated with planning an event from a wedding to launching a new company. Professional planners offer experience that can not only ensure that important decisions will not get overlooked but also that you won’t get bogged down choosing decorations or researching caterers. )  Percept D Mark Founded in 1984, Percept Limited, an entertainment, media and communications company, is at an enviable leadership position today, with a team of over 1,000 people and 62 offices in India and the Middle East and a capitalized billings of about INR 26 billion (FY’11). Percept companies deliver marketing solutions that reach consumers at every moment of their lives. From integrated advertising campaigns, to embedded content, to innovative media solutions; Percept companies construct tailor-made solutions that deliver in both local and global markets.Percept services hundreds of customers in India and West Asia catering to national and multinational clients. Percept operates in 3 verticals: * Percept Entertainment Group  Ã¢â‚¬â€œ this encompasses Television and Movie Content Production, Aggregation, Distribution & Marketing, Ad Films, Celebrity Endorsements and Talent Management, Experiential and Entertainment Marketing, Sports Management and Marketing, Wedding Management, Event Management and Marketing, Entertainment Branding and Marketing, Branded Entertainment, Merchandising, Brand Activations and Promotions, and Entertainment Intellectual Properties. Percept Media Group  Ã¢â‚¬â€œ this comprises of Media Planning, Buying and Representation, Outdoor Media, Retail Media, Rural Media, Digital Media and Digital IPs. * Percept Communications Group  Ã¢â‚¬â€œ this includes Advertising, Brand Communication, Strategy, Creative, Public & Media Relations and Integrated Marketing Commu nication Consultancy services. 2)  Wizcraft International Entertainment Pvt Ltd The origin of what today is the leading name in brand activation and entertainment management was simple.The name sprang from an amalgamation of what the progenitors envisioned; what they wanted the company to stand for; how the company would go about its business. WIZARD/WIZARDRY: exceptional skill or accomplishment in a particular field, a person who is outstandingly gifted. We define it as â€Å"expertise with a touch of magic†. CRAFT: to create with care and eye for detail, a special talent that is honed and polished. Put together the word is a creative redefinition of that certain magic that turns effective communication into inspiring communication.The arc of stars in the logo, disappearing into infinity, are a graphic representation of a memorable trail left behind, after a wand has been skilfully wielded. Every member of the Wizcraft Team is also privileged to suffix their name with â₠¬ËœWiz’ a title that invests them with to having special talent. 3)  Cineyug Entertainment 4)  Cox and King (Meetings, Incentives, Conferences and Exhibitions) 5)  Sita Conferences (International Conferences and Exhibitions) 6)  E-Factor (weddings, concerts, International Conferences, Seminars, Television Based Events, Exhibitions, special occasions, corporate events, Road Shows) )  Sercon (Exhibitions, Conventions, Conferences, seminars, Golf Events, Hospitality Events, Road Shows, Brand Promotion, Product launches, Incentives. Special Event: Swarn Sambandh) 8)  Tafcon Group (Trade fair and conference organizers. Development of publicity & promotional activities. Marketing Trade Fairs organized by other Agencies. ) 9)  TCI Consultancy Services and ‘e' Events (conferences, Exhibitions, Seminars, Workshops, Incentives, charters, Delegations, Indian Tours. ) 10)  Fountainhead DanceDance  is an  art form  that generally refers to  movement  of the body, usually rhythmic and to music,  used as a form of  expression,  social  interaction  or presented in a  spiritual  or  performance  setting. Dance may also be regarded as a form of  nonverbal communication  between humans, and is also performed by other  animals  (bee dance,  patterns of behaviour  such as a mating dance). Gymnastics,  figure skating  and  synchronized swimming  are  sports  that incorporate dance, while  martial arts  kata  are often compared to dances. Motion  in ordinarily inanimate objects may also be described as dances (the  leaves  danced in the  wind).Types of dance Dance seems to be a lot like ice cream flavours†¦ it's so hard to choose just one. If you are thinking of trying out a new dance style, there may be a few you haven't even considered. 1. Ballet: Ballet serves as a backbone for many other styles of dance, as many other dance genres are based on ballet. Ballet is based on technique s that have been developed over centuries. Ballet uses music and dance to tell stories. Ballet dancers have the ability to transport an audience to another world. 2. Jazz Jazz is a fun dance style that relies heavily on originality and improvisation.Many jazz dancers mix different styles into their dancing, incorporating their own expression. Jazz dancing often uses bold, dramatic body movements, including body isolations and contractions. 3. Tap Tap dancing is an exciting form of dance in which dancers wear special shoes equipped with metal taps. Tap dancers use their feet like drums to create rhythmic patterns and timely beats. 4. Hip-Hop Hip-hop is a dance style, usually danced to hip-hop music that evolved from the hip-hop culture. Hip-hop includes various moves such as breaking, popping, locking and crumpling, and even house dance.Improvisation and personal interpretation are essential to hip-hop dancing. 5. Modern Modern dance is a dance style that rejects many of the strict r ules of classical ballet, focusing instead on the expression of inner feelings. Modern dance was created as a rebellion against classical ballet, emphasizing creativity in choreography and performance. 6. Swing Swing dance is a lively dance style in which couples swing, spin and jump together. Swing dancing is a general term that means dancing to swing music or music that â€Å"swings. † How can you tell if a song swings? Swing ancers know when a song swings because when they hear it, they can't stand still. 7. Contra Dance Contra dance is a form of American folk dance in which the dancers form two parallel lines and perform a sequence of dance movements with different partners down the length of the line. Contra dances are relaxed with family-like atmospheres. The dancing is excellent exercise, and dancers can set their own pace. Contra dancers are usually friendly, active people with a love of dance. 8. Country and Western Country and western dance includes several dance fo rms, usually danced to country-western music.If you've ever been to a country and western club or tavern, you've probably seen a few cowboy boot-wearing dancers twirling around the dance floor with big smiles on their faces. 9. Belly Dance Belly dance is a unique form of dance characterized by sharp, rolling movements of the hips and abdomen. The true origins of belly dancing are debated among enthusiasts. 10. Flamenco Flamenco dance is an expressive dance form that mixes percussive footwork with intricate hand, arm and body movements. Flamenco is a Spanish art consisting of three forms: Cante, the song, Baile, the dance, and Guitarra, guitar playing. 1. Latin Dance Latin dance is a fast-paced, often sensual, partner dance characterized by sexy hip movements. However, hip movements are not intentional in any of the Latin dances. The hip motion is a natural consequence of changing weight from one foot to the other. 12. Folk Dance Folk dance refers to a variety of dances developed by groups or communities, as opposed to being made up by a choreographer. There are several types of folk dance including clogging, English country dance, international folk dance, Irish dance, Maypole dance, Morris dance, Nordic polkas dance, square dance, and many more.Folk dances are often performed at social events. Popular Dance Shows in India 1. Dance India Dance Zee TV brings to you a unique dance reality show – Lux Dance India Dance – ‘Sabse bade dancing star ki khoj', a show about the common man and great dancing. Lux Dance India Dance endeavour to bring the best dancing flair in front of the viewers. The undisputed disco king Mithun Chakraborty himself is the grand master for the show. The show will be judged by three masters made famous purely by their great work in bollywood – Geeta Kapur, Remo D'souza and Terrence Lewis.The Gujarati ‘chokro' with the chocolate boy looks, Jay Bhanushali, and the popular Soumya Tandon, are the hosts. Lux Danc e India Dance is a dance reality show that extends beyond just the individual participants. It is a contest between 18 participants who have been divided into three groups of 6 participants each named after the masters. The units are called Geeta ki Gang, Terence ki Toli and Remo ke Rangeele! The masters have entered the battlefield armed with their respective teams in the quest to find the deserving winners. 2. Just DanceHrithik Roshan one of the famous actor who is famous for his dance , acting and look now comes first time on Star Plus TV show Just Dance. There are other two hosts who also seat at the hot seat of the Just dance and those are Farah Khan & Vaibhavi Merchant. This show is really make all Indian public crazy because most of the Indian people are say â€Å"Deewane† of Hrithik’s dance and acting. In this Star Plus TV show Hrithik not only guide to the participate but also show his dance on the stage. 3. Nach Baliye Nach Baliye  is a  dance,  reality -television  series  on the  Indian  STARPlus  channel. The contestants are couples who are television stars. The first and second season aired on  Star One  and then shifted to Star Plus. Its name in  Punjabi  is inspired by a song from the  Bollywood  film  Bunty Aur Babli  (2005). 4. Jhalak Dikhla Jaa Jhalak Dikhhla Jaa  is a television reality show and the  Indian  version of BBC's  Strictly Come Dancing  and ABC's  Dancing with the Stars. Sony Entertainment Television  brings  Jhalak Dikhhla Jaa  with new celebrities and well-known faces to perform with professional dance partners on a highly competitive stage.The show is produced by  BBC Worldwide  Productions in India. 5. Boogie Woogie Boogie Woogie  is an Indian Television dance show that airs on  Sony Entertainment Television. In 2008, the series was named with the â€Å"Videocon† because it was sponsored by Videocon. Debuting in 1995, the show is hosted by popularà ‚  Indian  film and television personalities, Naved Jaffrey and Ravi Behl, who also co-created the show with  Javed Jaffrey, who appears as the permanent celebrity judge. The show was relaunched by Sony Entertainment Television in 2003.It has become the longest lasting dance show in  India, going for its 15th year on air this year. The dance show has become so popular on Indian television that they have been afforded the opportunity to produce special championship shows, such as kids' championships, teen championships and celebrity championships, in which various Indian celebrities, such as  Juhi Chawla,  Esha Deol,  Dia Mirza,  Govinda,  Vivek Oberoi  and  Ritesh Deshmukh  have participated. According to the Sony Entertainment Television Asia website, â€Å"there are no prizes for winning†¦ oads of accolades, applause and appreciation†. 6. Zara Nachke Dikha Zara Nachke Dikha  (English: Show Me Your Dance)  is a dance reality show originally air ed on  STAR One  but now airs on  STAR Plus. The series aired July 14, 2008 and was hosted by  Karan Singh Grover  and  Shweta Gulati. All the contestants have a film or television background 7. Chak Dhoom Dhoom Chak Dhoom Dhoom, a dance reality show that showcases little dancers who will compete for the coveted title of the Best Junior Dancing Star. Chak Dhoom Dhoom will see children in the age group of 5 to 14 dances their way into your hearts.After sitting through innumerable auditions and intense initial screening the esteemed jury members Saroj Khan, Ahmed Khan and Vindu Dara Singh handpicked 40 deserving contestants who will face some more music, and dance, at the gala round in Mumbai. While the children gear up for the national level challenge, the Dance Gurus Bosco-Ceaser will be working extremely hard to prepare their tiny wonders. Questionnaire: †¢ What are the objectives (both primary and secondary) of the event? †¢ What is the benefit to the organiz ation? †¢ Are there achievable budgets and results? †¢ Does the concept have the support of your Board or Head Office? Do you need to test by running a pilot event? †¢ What is the division of roles and responsibilities? †¢ How can the event be monitored? †¢ How will the evaluation be carried out? Four principal elements of Events: †¢ Your organization †¢ Publicity †¢ Performers †¢ Sponsors. These four elements are interdependent; if you change one, it affects all of the others. Each of these elements has something to give and something to gain. If you can get all four working in harmony then you will have a successful event. Publicity: The media are in the business of covering news and reporting on local and current events.They may have an interest in covering your event. The amount of press, TV and radio exposure you receive will depend on how genuinely newsworthy the event is and how creative you are in generating media interest. If you cannot secure sufficient â€Å"free† media coverage then you will have to pay for publicity, usually in the form of press and poster advertising. To ensure an audience or participants, you may have to invest in at least some paid advertising. Clearly the performers and sponsors will have their own reasons to wish to see good media exposure before, during and after the event. Performers:The performers are those people upon whose skills and appeal the event is centred: the band that is booked for the rock concert; the auctioneer and auction house undertaking the sale; the teams who will play in the charity sports event, etc. They have much to gain by participating in your event – it may be a professional fee, media coverage, goodwill, enjoyment and team-building opportunities. Sponsors Corporate sponsors may be willing to support your event, especially if they believe that they can get good publicity, generate goodwill, associate with your worthy cause, access VIPs and royalty, and be seen to back a winning event.Sponsors can be asked to underwrite part or all of the costs of running the event. The nature of the event will also have an effect on the decision of the sponsor. Marketing Mix – the 5 Ps When planning an event you must think of the: †¢ People audience/participants/entertainment. †¢ Product type of event. †¢ Price tickets/entry/sponsor. †¢ Place. †¢ Period date. Steps of organizing Dance Events 1. Type of Dance Event: Decide what the type of dance event is going to be, having done your research into your competitors and what will make the organization money.Decide who will organize the event and be responsible for its successful outcome. Type of dance events like organising Dance competition, Annual functions, dance shows etc. 2. Venue: Decide on the best venue. How much will it cost or will it be free? The location is vital: is it easy to reach, does it have sufficient car parking, is it easy to access by public transport, does it have toilets? Is the venue prestigious and attractive to celebrities, e. g. the President’s official residence? If it is an open-air event: is the surface suitable; will there be a need for marshals, what are the safety issues to consider? . Day/date/time: Picking the date and time of an event can make or break it. When will most people be able to attend? Are weekends best or is morning/afternoon/evening the most suitable? What other events are scheduled around the date that you are thinking about? Is there a weather factor to take into account? 4. Permission and assistance: Do you need permission to use the venue from the owner, landowner, and local authority? Or governing? Do you need permission from the police or their assistance with street parades? 5. Budgets: Budgets should cover everything, all income and expenditure.Income includes: †¢ Entry fees †¢ Donations †¢ Company sponsorship †¢ Participants’ sponsorship â₠¬ ¢ Sales of T-shirts †¢ Food, drink, programme sales †¢ Adverts †¢ Raffle †¢ Lottery Expenditure includes: †¢ Venue hire †¢ Posters †¢ Entry forms †¢ printing †¢ Prizes and trophies †¢ cost of T-shirts †¢ Incentives for fundraising †¢ Advertising †¢ Staff costs †¢ Helpers’ costs (travel, food) †¢ hire of facilities e. g. toilet tents †¢ Public liability insurance. 6. Design and printing: Careful thought needs to go into the design and materials for the event. There will be a special logo or design that will be on all the materials.Materials likely to be used are: †¢ Posters †¢ Entry forms †¢ sponsor forms †¢ Programmes – think about the numbers required. †¢ Certificates for participants. Posters should be simple – what, where, when, how to get more information. Entry forms must have: name, address, age and sex. Put names of sponsors on appropriate materials. 7. Publicity: Without good publicity an event will fail. Use all available means of publicizing the event: †¢ Newspapers †¢ Radio †¢ Television †¢ Posters in shops/clubs/companies etc. Hand out or post entry forms and posters to: †¢ People at events †¢ Supporters of organization Schools †¢ Colleges †¢ Universities †¢ Hospitals †¢ Health centres. 8. Prizes/awards/incentives: What type of prize should be given to the winners? Different prizes for the winners who are the runner up. One has to decide about the prizes to be given while organising an event. Get prizes and incentives sponsored by local companies. Put the companies’ names on publicity materials. Prizes can be in the form of money or the trophies. 9. Helpers: Draw up a plan of the dance event. List all the jobs that need to be done and who will do them. Recruit helpers for the event by approaching: †¢ Youth groups Schools †¢ Universities †¢ Supporters à ¢â‚¬ ¢ Friends and family †¢ Parents or families of participants †¢ Local sports clubs. 10. Administration: Administration falls into three categories; before the event, on the day and after the event. Before the event: be clear and list who is responsible for distributing materials; allocate someone to collect entry forms; bank any money; send out information to participants. On the day decide: who will register participants; write out certificates; sign sponsor forms. After the event: work out results; send out letters of thanks; bank money; analyse the budget.Monitoring and evaluation needs to be carried out throughout the whole process. 11. Planning and ‘on the day’: Before the event make a list of all the jobs that have to be done and who are to do them and by what day/time. For the day itself a really detailed list is required and everyone must be briefed so they know exactly what their duties are. 13. After the event: Most important – send out le tters of thanks to all involved. Work out the results. Send results and details to local paper and sponsor. Bank the money. Look at the evaluation and learn from this event.

Bipolar Disorder in Islam Essay

If your pancreas couldn’t produce insulin, you wouldn’t have much trouble accepting the deficiency and then taking the necessary meds or treatment. Well, think of your brain in the same way. Right now your mind is not in balance. It is missing certain chemicals that control your mood. And you are simply taking meds to fix the balance of chemicals. Blame no one for the Bipolar. It’s not your fault that you got sick. As Randy Pausch says, â€Å"We cannot change the cards we are dealt, just how we play the hand.† You are simply being tested with this illness. Some people have high cholesterol, some have diabetes and some have a missing leg. It’s all a test from Allah. And no one is spared from it. This test is here to bring out the best in us. Accept Bipolar as one of your tests from Allah. This will distance you from the disorder and make you see it for what really is: an illness. Once you separate yourself from the illness, you will start to detach yourself from the illness. . Being sent to the hospital doesn’t mean no one cares for you; it doesn’t mean you have failed. A hospitalization can often be the best thing during a severe mania episode. , look at the hyper sexuality objectively. See it as part of the disorder and not as your personality. Look for the good in it. As one Prophet passed the donkey’s carcass, all his companions commented on its ugliness. But he praised it for its white teeth. During depression, your   brain is low on the hormone that makes you feel good. That is why you are feeling down. It has nothing to do with what kind of a Muslim you are and how much you pray or don’t pray You must see depression as a disease, with a biological cause that can be treated and not a character flaw. That is 80% of your work: distancing yourself from the depression. Then you can love yourself for who you are and work on treating the depression. 1) Pray on time. 2) Take meds on time. 3) Sleep, exercise and eat healthy. Meds do 20% of the work and exercise is a big part of the other 80%. It’s not all about losing pounds. Jogging or swimming or lifting weights keeps you sane. So don’t follow a workout routine that makes you go insane. Yes Allah will run to you but you have to walk to Him first. Your family, doctors and the meds can only do so much. The rest is in your hands. I will leave you with one question: How will your Bipolar bring you closer to Allah?

10 most important events in the odyssey Essay

1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing 10 most important events in the odyssey 1.) the lotus eaters-drugged Odysseus’ men. 2.)Cyclopes-believed Odysseus that he was no body and gets hurt. 3.) Circe-Odysseus sends his men to find out what she is, turns men into pigs, Hermes gives Odysseus garlic so he doesn’t turn into pig 4.)the sirens-singing Hahahahahah

Foreshadows and Suspense the Lottery

Many of the seemingly innocuous details throughout â€Å"The Lottery† foreshadow the violent conclusion. In the second paragraph, children put stones in their pockets and make piles of stones in the town square, which seems like innocent play until the stones’ true purpose becomes clear at the end of the story. Tessie’s late arrival at the lottery instantly sets her apart from the crowd, and the observation Mr. Summers makes—â€Å"Thought we were going to have to get on without you†Ã¢â‚¬â€is eerily prescient about Tessie’s fate. When Mr. Summers asks whether the Watson boy will draw for him and his mother, no reason is given for why Mr.Watson wouldn’t draw as all the other husbands and fathers do, which suggests that Mr. Watson may have been last year’s victim. Jackson builds suspense in â€Å"The Lottery† by relentlessly withholding explanation and does not reveal the true nature of the lottery until the first stone hit s Tessie’s head. We learn a lot about the lottery, including the elements of the tradition that have survived or been lost. We learn how important the lottery is to the villagers, particularly Old Man Warner. We go through the entire ritual, hearing names and watching the men approach the box to select their papers.But Jackson never tells us what the lottery is about, or mentions any kind of prize or purpose. She begins to reveal that something is awry when the lottery begins and the crowd grows nervous, and she intensifies the feeling when Tessie hysterically protests Bill’s â€Å"winning† selection. And she gives a slight clue when she says that the villagers â€Å"still remembered to use stones. † But not until the moment when a rock actually hits Tessie does Jackson show her hand completely. By withholding information until the last possible second, she builds the story’s suspense and creates a shocking, powerful conclusion.

Entrepreneurship Education as the Emerging Trend in Pakistan Essay

For the developing world, the emerging trend is entrepreneurship education in itself. It is significant and considered a powerful tool for propelling economic growth, as significant as venture capital and incubators. The youth today is exposed to a world of information and rapid change. He is prone to be the captain of his ship more than ever before. Hence the objective is to create awareness of trends and issues being faced in Entrepreneurship Education programs and see how Pakistan can gain from the experience of the developed world. It is also the objective to see how programs have to be designed for teaching and learning by the new generation of the future. The research methodology has been to examine relevant literature of other regions and compare this to the work done in Pakistan. Its been observed that it has acquired its own field of research methodology and finally is a standalone discipline, with ample work to show its breath and depth. Our finding is that it’s going to be a different world, calling for planning for a world unknown? Our conclusion is that it is significantly important to make the youth of today gainfully employed after imparting education to them. And Pedagogy is one of the issues that deserve attention in the Entrepreneurship Education. It is a question of evolving knowledge and evolving pedagogy to impart knowledge. Local experience and theory has to be evolved building the subject. Developing countries will have a host of issues far different from the developed countries. Education policy will play very significant role to resolve these issues. The authors conclude with suggestions that there is now a need to develop theory of entrepreneurship education based on the education theory and not on the theory of management and economics. There should be all out effort to build the ‘entrepreneurship capital’ and to give it central place in the education place. Keywords:Entrepreneurship Education, Entrepreneurial Generation, Pedagogy, Entrepreneurship Capital Entrepreneurship Education as the Emerging Trend in Pakistan: Confronting the Issues I. Introduction: a. Background: The field of entrepreneurship education is in the process of growing and gaining legitimacy and being recognized in the developing countries. In Pakistan it has been an up-hill task and despite efforts it is still an unknown academic field. But it is somewhat different in USA and in Europe and Japan. There it has recognition and there it has immense recognition as an important factor to keep pace with the economic growth and change required for economic efficiency. It is nurtured to impact the economies of the ‘technological tripod’ of economic growth. No doubt USA leads the way but European Council through the Lisbon Proclamation 2000 had launched itself in pursuit of economic growth through Entrepreneurship. The then President of EC committed the European Union to become the Entrepreneurship Leader as it was acknowledged that new economic growth, and productivity is generated by entrepreneurial activity (as cited by Audretch 2008). The statement is proclamation of the significance and importance of Entrepreneurship for economic development. In pursuit of entrepreneurship what is required is Entrepreneurship Education and the observation is that the trail it leaves behind is host of the emerging trends and issues which need to be examined and evaluated and worked out. Entrepreneurship Education is the path and road to developing an enterprising environment, building ‘social capital’ and ‘Entrepreneurship Capital’. â€Å"This refers to institutions, culture, and historical context that is conducive to the creation of new firms. This involves a number of aspects such as social acceptance of entrepreneurial behavior – – – – the activity of bankers, venture capital agents – – – – – â€Å"(Audretsch 2008). The rationale of this paper evolve around the spirit of these terms and the process of evolving this capital is entrepreneurship education. The purpose of this paper is to explain the importance of entrepreneurship education in the light of compelling evidence surrounding us that it produces an enterprising society or ‘The Entrepreneurial Society’ and economic development. There is significant evidence about the impact of entrepreneurship on economic development (Wennekers et al 2005, Verheul & Thurik 2003, Caree et al 2002, Audretsch et al 2006). â€Å"The way entrepreneurial activity has an effect on economy is that it is reflected in the macro-economic growth, value addition, employment generation, export growth, industrialization and poverty reduction†. (Wagha 2010) Entrepreneurship in the last two decades has achieved a central place in all recent discourse and debate and policymaking on education. There is a need for appropriate educational program at all academic institutions, universities, business schools and secondary schools. â€Å"So significant is the role of Entrepreneurship Education that it is considered a powerful tool for propelling economic growth as significant as venture capital and incubators†. A look at policy on education recently framed in different countries around the world reveal that there is emerging need to focus on entrepreneurship education and research. (Lee & Wong 2005, Khan 2006) We realized through this research that there is a need to look at Entrepreneurship Education from the teaching and learning perspective. And of importance is how Entrepreneurship Education should be taught and the paradigm of research should be education and not merely economic and management. Bechard & Gregoire (2002). It was also observed through empirical research and interviews that there is also the need to focus on the faculty of Entrepreneurship Education. There is an acute shortage of such teachers who are well versed in the pedagogy of Entrepreneurship Education. And according to Dr. Hasan Sohaib Murad, Rector, University of Management and Technology Pakistan (while addressing the audience at a Junior World Entrepreneurship Forum Pakistan (July 2011) : â€Å"The problem is our faculty, those who are teaching in business school today. They are teaching in business schools because they were not entrepreneurs. The other factor that has to be taken in consideration is the role of entrepreneurship in economic development. According to Global Entrepreneurship Monitor (GEM) entrepreneurship and economic development are exclusively mutual â€Å"GEM is based on the following premise. An economy’s prosperity is highly dependent on a dynamic entrepreneurship sector. This is true across all stages of development. Yet the nature of this activity can vary in character and impact. Necessity-driven entrepreneurship, particularly in less developed regions or those experiencing job losses, can help an economy benefit from self-employment initiatives when there are fewer work options available. More developed economies, on the other hand, can leverage their wealth and innovation capacity, yet they also offer more employment options to attract those that might otherwise become entrepreneurs†. (GEM 2010) It goes onto explain that the capacity of an economy is dependent upon highly competent individuals and positive societal perception about entrepreneurs. â€Å"An economy’s entrepreneurial capacity requires individuals with the ability and motivation to start businesses, and requires positive societal perceptions about entrepreneurship. Entrepreneurship should include participation from all groups in society, including women, a range of groups and education levels and disadvantaged populations. Finally, high-growth entrepreneurship is a key contributor to new employment in an economy, and national competitiveness depends on innovative and cross-border entrepreneurial ventures†. (GEM 2010) b. Objectives of the Study: So significant is the role of entrepreneurship that the developed countries are perusing it by adopting new educational policies and by introducing strategies to create an ‘Entrepreneurship Capital’. For the developing world that has lagged behind, this is a wakeup call. Therefore the Objective is: to be aware of the issues and see how Pakistan can gain from the experiences of the developed world and evolve a suitable strategy for implementing entrepreneurship education effectively. It is assumed that, some of the best practices if disseminated will have an impact. c. Justification: As can be seen that it is essential for all developing countries and Pakistan in particular to undertake various studies pertaining to entrepreneurship, simply because this era of entrepreneurship is as potent as the era of Industrial Revolution. It has the potential for developing countries to catch-up with Developed Countries if the national economic agendas are prudently organized. d. Statement of the Problem: However some issues surrounding Entrepreneurship Education are: How should entrepreneurship education courses be designed, what should be the structure of courses? What should be the balance between activity based and text based teaching? What should be the ethical domain, and what disciplines would fall in the entrepreneurial ambit of subject? What pedagogy would be considered appropriate to teach entrepreneurship? In the midst of this expansion of courses, these emerge as a challenge how to make teaching entrepreneurship effective. Years of research and considerable debates has dispelled earlier doubts that entrepreneurship cannot be taught, and it was Drucker (1985) who said, â€Å"like other disciplines it can be taught†. But the emerging trend of Entrepreneurship Education is compounded by such factors as IT revolution and globalization. The youth today is exposed to a world of information and rapid change. He is prone to be the captain of his ship as he sees opportunities far beyond his imagination. He can evaluate the advantage of going for his own venture. He can see that Entrepreneurship is about change and competition, changing in its wake markets and ushering in technologies that entrepreneurship binds as the ‘social glue’ high-tech and ‘main street’ activities (SBA 1998). e. Research Question: Therefore the research question that we will attempt to find answer to is: – 1. What issues and trends are being faced by Pakistan in Entrepreneurship Education and what adoption is required to benefit from this trend? II (a)Research Methodology: My goal is to determine the current status of the subject, by looking at the theory based on the published articles of other regions by leading authorities such as Bechard, Audretch Fayolle, Dana, Plaschka, Hindle & Kuratko. This will help guide future research, but beyond literature review, I also recorded empirical findings and interviews and survey of literature to see the emerging trends in Entrepreneurship Education in Pakistan. The literature reviewed has been some grey literature and some conference papers as these were very current and contemporary thinking on emerging issues and trends. Furthermore the research has been enhanced by visiting foreign conferences for gathering data at doctoral seminars in Europe and America on Entrepreneurship Education. In that sense this is rather epistemological analysis of educational theories and reports on Entrepreneurship Education Trends and Issues. But the problem encountered was that there is not much data available on this subject in Pakistan. This paper therefore undertakes the qualitative approach based on survey, interviews and literature review of this region and of the academic body that has taught the subject and also of others who have written papers on the status of Entrepreneurship Education in Pakistan. â€Å"Primary data include such facts collected from observation, surveys, and even interviews. When secondary data are unavailable and our research questions are unanswered, we have to collect data from primary sources. This proves useful because they are collected specifically for the particular study† (Ghauri & Gronhaug 2002). This is obvious in the case of Pakistan where there is no secondary data on this subject. The investigation attempts to determine differences between the developed and developing countries, describing conditions that already exist, (Say in Pakistan) and why conditions in European and America are different from it. The collection of data is ongoing and eventually synthesized and conclusions are drawn. II (b)Limitation: The fundamental limitation is that hardly any journals are available in Pakistan on Entrepreneurship Education. No doubt that recent support provided by HEC for library data bases and resource centres has been greatly useful. The other fundamental handicap that the Pakistani researchers or students seeking to adopt this as their subject of specialization would face is lack of faculty. Currently there is no known or accessible faculty available in Pakistan having a PhD Degree in Entrepreneurship Education. Hence there are no doctorates of Entrepreneurship Education available to supervise or act as advisers to students desiring to do a PhD in Entrepreneurship. III. Literature Review: Discussing the Definition of Entrepreneurship Education as Emerging Trend: The subject of entrepreneurship education begins with the entrepreneur. The study of the Entrepreneur goes beyond the study of the characteristic and the traits of the entrepreneur which is the psychological profile. The entrepreneur is part of the complex process of new venture creation (Gartner 1988). And new venture creation is new economic growth which brings the importance of entrepreneurship and the education process for developing entrepreneurs. Say (1816) defined the entrepreneur as the economic agent. Hence the entrepreneur is one of the dimensions of economic growth. If we were to examine the quotation by Cole (1946) we realize that this unleashes a host of issues and trends associated with entrepreneurship and the promotion of Entrepreneurship Education. Cole (1946, p.3) states that Entrepreneur is one who â€Å"Unites all means of production – the labor of the one, t he capital or the land of the others – and who finds in the value of the products which results from their employment the reconstitution of the entire capital that he utilizes, and the value of the wages, the interest, and the rent which he pays, as well as the profits belonging to himself†. This statement explains the process of new venture creation which the entrepreneur is prone to do. It is a complete picture of the role which an entrepreneur performs as an economic player in an economy. Whereas the behavioral view of entrepreneur defines the entrepreneur as a very special person but calling for investigation to understand and define Entrepreneur and Entrepreneurship. They even cropped up when Gartner (1988) examined in what way do we define the Entrepreneur. According to him since the entrepreneur causes entrepreneurship you could explain Phenomenon of Entrepreneurship through traits approach or explain Phenomenon of Entrepreneurship through Behavioral approach. Subsequently this leads to disseminating the knowledge of entrepreneurship education. We are once again confronted with trends to adopt in Entrepreneurship Education and issues to deal with to establish the infrastructure of Entrepreneurship Education e.g. there is no evidence to support successful or unsucc essful leaders. The new trend is to focus on behavior of the leader. What they do as a leader, and not on what they are, and this aptly applies to research on entrepreneurship and hence the definition which explains and determines for us what influences behavior and performance which define entrepreneurship. (Van de Ven 1980 p.86) We have been amply warned that we should study the behaviors and activities of entrepreneurs. This brings us to the performance of an entrepreneur, the dynamism by which he proceeds as an entrepreneur and hence we call it entrepreneurship. We have come to realize that entrepreneurship can be enhanced by entrepreneurship education. Hence our question is what is entrepreneurship education. According to Bechchard & Toulouse (1998) the definition of Entrepreneurship Education is â€Å"A collection of formulized teaching that informs trains and educates anyone interested in participating in social economic development through a project to promote entrepreneurship awareness, business creation or small business development†. Jones & English (2004) define Entrepreneurial Education as: â€Å"Entrepreneurial Education can be viewed broadly in terms of the skills that can be taught and the characteristics that can be engendered in individuals that will enable them to develop new and innovative plans†. The creation of a discipline confronts trends and issues: Therefore the emerging trends and issues are related to multi-dimensional aspect of entrepreneurship education. The gathering of information and knowledge of this aspect is the fundamental activity of research and education to understand the behavioral phenomenon of entrepreneurship (Gartner 1988).Following the line of reasoning if personality traits could define entrepreneurs, the question of education, training and development would seem irrelevant and the foregone conclusion would be that those who possess the requisite traits should be successful entrepreneurs. As that is not the case we seek constantly ways of educating the entrepreneur to behave in a particular way to become successful. The contemplation of this fact has created a series of issues and trends required for the development of entrepreneurship education programs. In our quest for this answer we get a response from Gartner (1988) that we should follow Mintzbe rgs advice. Issues that confront entrepreneurs should be resolved to develop a profound entrepreneurship program along with its multiplicity of dimensions. Each question throws up a new philosophy and search for truth that could be developed into an answer to the issues confronting entrepreneurship education. What roles does the entrepreneur perform in moving information, in making decisions, in dealing with the people? How and why do individuals enter a new venture? The other emerging issue from this kind of reasoning is to what extent is entrepreneurship a science? To what extent is the entrepreneurs work programmable? All such questions resolve the issue of designing new branches of education in the domain of entrepreneurship. These would have to be dealt in accordance to the trends in development, competitiveness, economic growth and resource allocation.

Market for foreign exchange Essay Example | Topics and Well Written Essays - 1000 words

Market for foreign exchange - Essay Example This research will begin with the definition of the foreign exchange market as one of the financial markets that is characterized by buyers and sellers of assets called ‘currencies’. It has traditionally performed the role of converting one currency into another. It is consistent with the principles of market economy laid down by Adam Smith, according to which the value or price of a currency is determined by the market forces of demand and supply. The terms ‘pegged’ and ‘float’ are often discussed when dealing with foreign exchange markets and are means of determining the levels of controls on one’s currency. As mentioned above, a currency maybe pegged or valued against a basket of other currencies or maybe left to the market forces of demand of supply in what is known as ‘free float’. In between the two, however, lies an intermediate form, the ‘balanced float’ that is characterized by some government control bu t is largely based on the principles of demand and supply. Taking a more realistic view, the value of a country’s currency is determined by the interplay of several factors including the economic, political, geographic environment. Tourism also positively affects the value of the currency by increasing demand for the country’s currency. For instance, a tourist who visits country A will require country A’s currency to purchase any goods and/or services in that country. Holding everything else constant, this shall result in an increase in demand for that currency, thus, bidding up its price.

Case study on vodafone Example | Topics and Well Written Essays - 750 words

On vodafone - Case Study Example This constitutes what is known as diversification, a strategy for business growth through starting up or acquiring businesses outside the firm’s current products or markets (Kotler and Armstrong, 2010). This strategy has significantly paid off for Vodafone. It has managed to gain competitive advantage and has also managed to expand in different global markets. There are many advantages that can be derived by the company through diversification. It is in a better position to attract many customers and it can also customize the products and services offered to suit the different needs of the customers. In the event that I am the CEO of Vodafone, I think I would need to focus on differentiation in order to create supreme customer value in the products and services it offers. Differentiated products are unique and they are often seen as valuable by the customers. The other advantage of differentiation is that the products offered are outstanding and they can be hardly imitated by the other competitors. This strategy has been adopted by other successful companies in the telecommunications industry such as Apple. This company has gained a large market share through its innovative and differentiated products such as the iPod and its iPhone. These products are unique and they have superior value which appeals to the interests of the targeted customers. The company can also be in a position to charge premium prices for the products that are differentiated. This can also help the company to gain competitive advantage over the other players in the same industry. 4. The potential threat facing Vodafone is related to the aspect of competition. It has been observed that the deregulation of the mobile telecommunications industry has enabled the other players to enter into the market. This has seen a significant rise in the number of players intending to operate in