Informative Essay About Passionate Marking - 1045 Words

EXPRESSIVE PRODUCT Introduction: There are number of point of view been expressed in experimental articles about passionate marking. The exceptionally essential meaning of feeling marking is The thought that, past an item and its advantages, as opposed to purchasing an item accessible in the business sector individuals are acutely inspired by purchasing passionate encounters, which may have, tremendous claim separated from a methodology. It is more that logic and spells out as a motivational instrument uncovers for imaginative arrangement from clients. Number of authors has alluded enthusiastic brands as resident brands. The purpose for, client connected with their brands create citizenship and dependability in their relations. The†¦show more content†¦The principal target of this exploration was to quantify the conduct of shopper towards enthusiastic marking and distinguish the component which makes the association in the middle of brands and buyers and to discover those variables which assume a critical part in passionate marking. †¢ Does your image bring out an enthusiastic reaction? †¢ Does your image make reliability? †¢ What would make your customers avid to pay for your items and administration? Research methodologies and techniques The conduct of shoppers towards enthusiastic marking will be measured on measurement through open overviews and writing survey. Arbitrary inspecting system is utilized to gather information from people in general with respect to passionate marking. The aftereffect of the overview discoveries will ideally help to dissecting the conduct of buyer towards passionate marking and breaking down the components which makes the association in the middle of brands and buyers and figure out which elements are assume a vital part in enthusiastic marking. Research process The determinants of the Emotion Branding were in light of the writing review. A survey containing diverse inquiries that will be coordinated to the purchasers. 8 inquiries were identified with individual information, the rest things were identified with the study. Survey will beShow MoreRelatedSocial Media And Ritual Theory1997 Words   |  8 Pageseverything from pornography to the patriarchy. Other informative ways that the church tries to share its presence online is through reflections on the daily mass readings led by the United States Conference of Catholic Bishops. The fact the Pope Francis often â€Å"trends† on social media might be testament to how the church has begun to integrate this revolutionary application into its mission. Pope Francis often speaks the New York Times about issues that directly affect the modern age. The TimesRead More Johann Sebastian Bach Essay2919 Words   |  12 PagesChopin, and Mozart. â€Å"Mozart, when rapidly advancing to the height of his mastery, had but to read the Baron von Swietens manuscript copies of the motets and of the Wohltemperiertes Klavier, and his style, quite apart from his immediate essays in the old art forms, and apart also from the influence of his study of Handel, developed a new polyphonic richness and depth of harmony which steadily increased until his untimely death.† (www.nndb.com†¦.343/) After studying the WohltemperirtesRead MoreRosalind Krauss - Photographys Discursive Spaces9350 Words   |  38 Pagessici=0004-3249%28198224%2942%3A4%3C311%3APDSL%3E2.0.CO%3B2-8 Art Journal is currently published by College Art Association. Your use of the JSTOR archive indicates your acceptance of JSTORs Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTORs Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only forRead MoreOrganisational Theory230255 Words   |  922 Pagestruth is out there, and we can objectively know it Philosophical disputes around the role of the subjective in science Epistemological and ontolological disputes: how can we ever know the ‘truth’ and is there an ‘out there’? A few words of warning about the term postmodernism Overview of the structure and rationale of the book Chapter summaries Chapter 2: Modernist organization theory: back to the future? Chapter 3: Neo-modernist organization theory: putting people first? Chapter 4: Neo-modernistRead MoreDeveloping Manage ment Skills404131 Words   |  1617 Pages372 7 MANAGING CONFLICT 373 SKILL ASSESSMENT 374 Diagnostic Surveys for Managing Conflict 374 Managing Interpersonal Conflict 374 Strategies for Handling Conflict 375 SKILL LEARNING 376 Interpersonal Conflict Management 376 Mixed Feelings About Conflict 376 Diagnosing the Type of Interpersonal Conflict 378 Conflict Focus 378 Conflict Source 380 Selecting the Appropriate Conflict Management Approach 383 Comparing Conflict Management and Negotiation Strategies 386 Selection Factors 386 Resolving

The Treatment Of A Prison Sentence - 1921 Words

Serving a prison sentence for certain crimes is a just punishment, but being denied a necessary medical treatment is torture. The amount of harassment and sexual assault a man experiences in a male prison can be quite high but, the amount of abuse a woman would receive in a male prison is far more tremendous. The prison system is set up to house inmates based on their gender; male or female. But, society has evolved and the standard binary system does not apply to most people today, so where does this leave the transgender inmates? Trans inmates, regardless of whether they have been taking hormones before their sentence or not, are housed in the facility that matches their biological gender rather than their identified gender. Transgender†¦show more content†¦To truly understand why there is even a fight over sex-reassignment surgery, one must first comprehend what the surgery is and why it is an option. Sex-reassignment surgery is the final step in a three-part treatment fo r gender dysphoria. Gender Dysphoria, previously known as Gender Identity Disorder (GID), is considered a mental disorder described as a severe disconnect between one’s biological sex and gender identity. Generally, mental disorders are treated with psychotherapy or medications but, when it comes to trans inmates, the genitals serve as a mental block that constantly reminds the trans person of their gender dysphoria; which brings on the need for SRS. In â€Å"Medical Transgressions in America’s Prisons: Defending Transgender Prisoners’ Access to Transition-Related Care†, Esinam Agbemenu states that the treatment for gender dysphoria comes in three parts. The first step is for transgender patients to participate in psychotherapy or psychiatric counseling, which allows the patient to express their distress and permit the medical professional to properly diagnose and create a proper treatment plan. 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Ppi and the Big Mac Index Free Essays

Estimating the Purchasing Power Parity (PPP) of currencies using the Big Mac Indexâ„ ¢ Table of Contents 1. Introduction 2. Purchasing Power Parity and Theory of one Price 3. We will write a custom essay sample on Ppi and the Big Mac Index or any similar topic only for you Order Now Over/Under Valuation of currencies against the Dollar 5. Comparative analysis of the most overvalued to the most undervalued 6. Observation and Alternative indexes 7. Limitations 8. Appendix INTRODUCTION Purchasing power parity (PPP) is an important and critical topic in international economics. It arises when the purchasing power of an amount of money is the same in different countries. This is when prices of two different countries are converted to a common currency. The idea is based on the law of one price, where in the absence of official trade restrictions, similar goods will have the same price in different markets, with the prices being expressed in the same (common) currency. Deviations from parity infer differences in purchasing power of goods across countries, which means that for the purposes of many international comparisons, countries’ GDPs or other national income statistics need to be â€Å"PPP adjusted† and converted into common units. There can be a huge difference when adjusted by purchasing power and when converted via market exchange rates. For ex:- If calculated at nominal exchange rates, India has the tenth largest economy while adjusting by PPP, India has the fourth largest economy. Thus, to remove this discrepancy, a common currency of measurement is highly essential. The Big Mac Index is an example of a measure of law of one price. It refers to the prices of a Big Mac burger in McDonald’s restaurants in different countries. It helps in determining whether a currency is undervalued or overvalued and thus accordingly gives an idea about the direction in which currencies should move. The Big Mac was selected because it is available for a common purpose in many countries around the world as local McDonald’s franchisees have significant responsibility for converting input prices(at least in theory). The Big Mac Index is useful because it is based on a very well-known food item whose final price can be easily tracked in many countries. PPP and the Theory of One Price The One-Price Theory The theory of PPP and One price go hand in hand. It is imperative to understand the implication of â€Å"One Price† to understand the Purchase Power Parity as it is based on that. The Law of One Price proposes that if a gadget costs $2 in USA and the same gadget costs Rs 5 in India , then the exchange rate should be 2/5 = 0. 40 for the real prices to be same in both the countries. Let us denote it empirically as Price of a good in one country A be X and Price of the same good in some other country B is X* , then equalization of both the prices can be done using exchange rate denoted by the formula Exchange Rate = X/X* Suppose in the above example where the exchange rate is calculated to be 0. 4, increases to 0. 6, and then the same gadget would cost Rs 8. 33 in India. This would result in the inflow of gadgets to India from USA causing increase in the demand of dollars and increase in supply of Rupees. Law of One Price (LoOP) It states that identical goods should sell at same price in two different markets when there are no transportation costs and no differential taxes applied in two markets One Price Theory and PPP While this concept of one –price here in the example is being applied to one commodity, it can be applied universally to all other commodities in market as well. The Big Mac burger is one of the brightest examples of the application of One-Price to a commodity. It looks at the price of a big Mac burger across different countries. This way Purchase Power Parity applies not just to a single commodity but on general price level. This way we can universally derive a relation of One-Price theory and Purchase Power Parity. The Big Mac was created by Jim Delligatti in the year 1967 and introduced throughout the US in 1968. The Big Mac is now available in around 120 countries around the world and its composition is generally the same throughout – two all beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun. Since beef is not consumed in India, a special Mac known as the â€Å"Maharaja Mac† can be found with chicken patties replacing beef patties. In Islamic countries the Big Mac is made with Halal beef and in Israel it is made with Kosher beef. The price of a Big Mac in US is calculated by the average of 4 cities – Atlanta, New York, Chicago and San Francisco. The price of Big Mac in Euro area is calculated by the weighted average of prices in Euro area. The Big Mac considered in India is the Maharaja Mac. Country| Big Mac Price| Implied PPP rate +| Today’s| Over(+) / Under(-) Valuation against the USD, % ++| | | | Exchange Rate| | in Local Currency| in US dollars| | 1 USD =| | US| $ 4. 07| 4. 07| —| 1| —| Argentina| Peso 20. 0| 4. 4153463| 4. 92| 4. 530| 8. 6175| Australia| A$ 4. 56| 4. 6373416| 1. 12| 0. 983| 13. 8996| Brazil| Real 9. 50| 5. 2511951| 2. 34| 1. 809| 29. 3452| Britain| ? 2. 39| 3. 7447139| 0. 59| 0. 638| -7. 5573| Canada| C$ 4. 73| 4. 6363004| 1. 16| 1. 020| 13. 7021| Chile| Peso 1850| 3. 6281104| 455| 509. 907| -10. 7681| China| Yuan 14. 7| 2. 3129209| 3. 6| 6. 356| -43. 3570| Colombia| Peso 8400| 4. 326| 2066| 1941. 748| 6. 3990| Czech Republic| Koruna 69. 3| 3. 6412205| 17. 1| 19. 32| -10. 1517| Denmark| DK 28. 5| 5. 1401734| 7. 01| 5. 545| 26. 4302| Egypt| Pound 14. 1| 2. 3477628| 3. 47| 6. 006| -42. 2217| Euro area| Euro 3. 44| 4. 6013727| 1. 18| 0. 748| 57. 8378| Hong Kong| HK$ 15. 1| 1. 9404672| 3. 71| 7. 782| -52. 3236| Hungary| Forint 760| 3. 3439474| 187| 227. 276| -17. 7213| India| Rupee 84. 0| 1. 6163756| 20. 7| 51. 968| -60. 1679| Indonesia| Rupiah 22534| 2. 501274| 5543| 9009. 009| -38. 4727| Israel| Shekel 15. 9| 4. 2277811| 3. 91| 3. 761| 3. 9662| Japan| ? 320| 4. 1212269| 78. 7| 77. 647| 1. 3564| Malaysia| Ringgit 7. 20| 2. 2981176| 1. 7| 3. 133| -43. 5046| Mexico| Peso 32. 0| 2. 3459637| 7. 87| 13. 640| -42. 3040| New Zealand| NZ$ 5. 10| 3. 9382574| 1. 25| 1. 295| -3. 4741| Norway| Kroner 45. 0| 7. 8321279| 11. 1| 5. 746| 93. 1925| Pakistan| Rupee 205| 2. 3019159| 50. 5| 89. 056| -43. 2943| Peru| New Sol 10| 3. 7022146| 2. 46| 2. 701| -8. 9255| Philippines| Peso 118| 2. 7064108| 29| 43. 600| -33. 4865| Poland| Zloty 8. 63| 2. 5572242| 2. 12| 3. 375| -37. 1806| Russia| Rouble 75. 0| 2. 3810975| 18. 5| 31. 498| -41. 2663| Saudi Arabia| Riyal 10. 0| 2. 6661761| 2. 46| 3. 751| -34. 4121| Singapore| S$ 4. 1| 3. 4060498| 1. 08| 1. 295| -16. 5865| South Africa| Rand 19. 45| 2. 3850647| 4. 78| 8. 155| -41. 3850| South Korea| Won 3700| 3. 2782| 910| 1128. 668| -19. 3740| Sweden| SKr 48. 4| 7. 1816695| 11. 9| 6. 739| 76. 5741| Switzerland| SFr 6. 5| 7. 036772| 1. 6| 0. 924| 73. 2128| Taiwan| NT$ 75. 0| 2. 4825847| 18. 5| 30. 210| -38. 7629| Thailand| Baht 70. 0| 2. 2628537| 17. 2| 30. 934| -44. 3985| Turkey| Lire 6. 5| 3. 5532705| 1. 6| 1. 829| -12. 5349| + The Purchasing Power Parity or the PPP rate is the price of Big Mac in local currency divided by the price in the US. Price of Big Mac (and corresponding implied PPP rates from The Economist and is the latest). ++ The Over/Under valuation against the dollar is calculated using Exchangerate’s latest rates ( i. e as of 09/12/2011): 100 x ( P P P – Exchange Rate) / Exchange Rate (Source http://www. exchangerate. com/) OBSERVATION The most overvalued of currencies is the European Nordic countries’ currencies and most undervalued is the Indian Rupee. At market exchange rates, the Burger is 60% cheaper in India than in US. In other words, the Indian rupee is 60% undervalued against the dollar. However it should be noted that cheap burgers in India don’t mean that the Indian rupee is highly undervalued. Average prices should be lower in poor countries than in rich ones because labor costs are lower. The chart in the Appendix A shows a strong positive relationship between the dollar price of a Big Mac and GDP per person. Purchasing Power Parity is actually an indicator where exchange rates should move in the long run. For estimating the current fair value of a currency, a best fit line is drawn between Big Mac prices and GDP per person. The price thus predicted after the best fit line is drawn is compared with the actual price and this provides a better estimation of the currency over and under valuation than the above index. The â€Å"beefed up† index shows that the Brazilian Real is the most overvalued in the world; the Euro is also slightly overvalued. However the two major developing countries – India and China appear to be almost equal to its fair values. ALTERNATIVE INDICES An index similar to the Big Mac index has also been developed by the financial company UBS as part of general compilation of differences in prices and incomes around the globe. The Economist  also comes out with variants of the same. For example in the month of January in 2004, it proposed a  Tall Latte index  by replacing the Big Mac with a Starbucks Tall Latte. Refer Appendix B for the same. Commonwealth Securities, an Australian bank’s subsidiary, proposed to create the iPod index by using the concepts behind the Big Mac index. The banks contention that since the Big Mac index can be distorted by taxes, transport costs, labour laws and trade barriers in each country and the iPod was made in a single country – China, it made more sense to use the iPod as a measuring index. Since the iPod was made in a single country, the price should be broadly be the same all over the world and if the price difference were substantial, customers would switch their purchases to other countries (thanks to internet). However it was found to be ineffective since freight charges vary from country to country and countries such as US may get volume discounts. Bloomberg LP also introduced an alternative index known as Billy index after the iconic Ikea’s bookshelf. The index was calculated after converting the bookshelf’s price to US dollars. LIMITATIONS aapendix a APPENDIX B APPENDIX C (Exchange Rates as Of 9th December 2011) | | Country| Currency| ISO| 12-08-2011| 12-09-2011| % Change| | | ARGENTINA| Peso| ARS| 4. 52995| 4. 529656| -0. 01%|   | | | AUSTRALIA| Dollar| AUD| 0. 975877| 0. 983322| 0. 76%| |   | | AUSTRIA| Euro| EUR| 0. 74732| 0. 747603| 0. 04%|   | | | BELGIUM| Euro| EUR| 0. 74732| 0. 747603| 0. 04%| | | BRAZIL| Real| BRL| 1. 804477| 1. 809112| 0. 26%|   | | CANADA| Dollar| CAD| 1. 014437| 1. 02021| 0. 57%| | | | CHILE| Peso| CLP| 508. 4706| 509. 9073| 0. 28%|   | | | CHINA| Yuan| CNY| 6. 362878| 6. 3556| -0. 11%| | | CZECH REP. | Koruna| CZK| 18. 90629| 19. 3208| 0. 67%|   | | DENMARK| Krone| DKK| 5. 542461| 5. 54456| 0. 04%| | | | EUROPEAN UNION| Euro| EUR| 0. 74732| 0. 747603| 0. 04%|   | | | FINLAND| Euro| EUR| 0. 74732| 0. 747603| 0. 04%| | | FRANCE| Euro| EUR| 0. 74732| 0. 747603| 0. 04%|   | | | GERMANY| Euro| EUR| 0. 74732| 0. 747603| 0. 04%| | | | | GREECE| Euro| EUR| 0. 74732| 0. 747603| 0. 04%|   | | HONG KONG| Dollar| HKD| 7. 776135| 7. 781631| 0. 07%| |   | HUNGARY| Forint| HUF| 227. 0945| 227. 2763| 0. 08%|   | | | ICELAND| Krona| ISK| 119. 1911| 118. 9654| -0. 19%| | | | INDIA| Rupee| INR| 51. 73987| 51. 96812| 0. 44%|   | | INTNL MON. FUND| SDR| XDR| 0. 642256| 0. 642147| -0. 02%| |   | | IRELAND| Euro| EUR| 0. 74732| 0. 747603| 0. 04%|   | | | ISRAEL| Sheqel| ILS| 3. 775473| 3. 760838| -0. 39%| |   | ITALY| Euro| EUR| 0. 74732| 0. 747603| 0. 04%|   | | JAPAN| Yen| JPY| 77. 60051| 77. 64678| 0. 06%| | | | KOREA (SOUTH)| Won| KRW| 1132. 612| 1146. 365| 1. 21%| | | KUWAIT| Dinar| KWD| 0. 277164| 0. 277164| 0. 00%| -| | | MEXICO| Peso| MXN| 13. 62357| 13. 64045| 0. 12%|   | | | NETHERLANDS| Euro| EUR| 0. 74732| 0. 747603| 0. 04%| | | | NEW ZEALAND| Dollar| NZD| 1. 28856| 1. 294989| 0. 50%|   | | | NORWAY| Krone| NOK| 5. 70238| 5. 745565| -0. 43%| | | | PAKISTAN| Rupee| PKR| 89. 01636| 89. 05625| 0. 04%|   | | PERU| Sol| PEN| 2. 701086| 2. 701086| 0. 00%| -| | | PHILIPPINES| Peso| PHP| 43. 29727| 43. 60018| 0. 70%|   | | | POLAND| Zloty| PLN| 3. 360573| 3. 374753| 0. 42%| | | | PORTUGAL| Euro| EUR| 0. 74732| 0. 747603| 0. 04%|   | | ROMANIA| Leu| RON| 3. 23797| 3. 23797| 0. 00%| -| | | RUSSIA| Ruble| RUB| 31. 43216| 31. 49808| 0. 21%|   | | | SAUDI ARABIA| Riyal| SAR| 3. 750569| 3. 75069| 0. 00%| | | | SINGAPORE| Dollar| SGD| 1. 291813| 1. 294755| 0. 23%|   | | SLOVAKIA| Euro| EUR| 0. 74732| 0. 747603| 0. 4%| | | | SOUTH AFRICA| Rand| ZAR| 8. 204971| 8. 154915| -0. 61%|   | | | SPAIN| Euro| EUR| 0. 74732| 0. 747603| 0. 04%| | | SWEDEN| Krona| SEK| 6. 771076| 6. 73938| -0. 47%|   | | | SWITZERLAND| Franc| CHF| 0. 925818| 0. 923719| -0. 23%| | | | TAIWAN| Dollar| TWD| 30. 16208| 30. 21045| 0. 16%|   | | THAILAND| Baht| THB| 30. 77703| 30. 93439| 0. 51%| |   | | U. A. E. | Dirham| AED| 3. 673236| 3. 673236| 0. 00%| -| | | UKRAINE| Hryvnia| UAH| 8. 000472| 7. 998369| -0. 03%| |   | UNITED KINGDOM| Pound| GBP| 0. 637984| 0. 638233| 0. 04%|   | | | UNITED STATES| Dollar| USD| 1| 1| 0. 00%| -| How to cite Ppi and the Big Mac Index, Papers