The Effects Of Obesity On The Body Height Of Children And...

Over the past few decades the United States has seen a dramatic rise in the average weight of children and adolescents leading to an obesity epidemic. According to Up-to-Date, body mass index (BMI) is defined as the standard measure of obesity in individuals. It is the body height in kilograms divided by the body height in meters squared (Skeleton, 2016). Child obesity is based on a standardized growth scale and is defined as a body mass index (BMI) that surpasses the 95th percentile of a fixed distribution for a child’s age and gender. For elementary school age students, the cutoff is around a BMI of 20 (Schanzenbach, 2005). An increased obesity is due to a disproportion of increased caloric intake with inadequate energy expenditure throughout the day. In a recent comparison of 34 countries, Janssen et. al showed that â€Å"the two countries with the highest prevalence of overweight and obese youth were Malta (25.4% and 7.9%) and the United States (25.1% and 6.8%) whil e the two countries with the lowest prevalence were Lithuania (5.1% and 0.4%) and Latvia (5.9% and 0.5%)† (2005). One of the numerous reasons why worldwide trends in obesity data are evolving this way is based on the relative socioeconomic status of the country. A country with a stable economy will see a shift in the data showing more constant food supply being generated and therefore a rise in overall dietary intake. This is one reason why countries such as the United States and China are showing higherShow MoreRelatedChildhood Obesity : A Growing Problem Essay1047 Words   |  5 Pageson Childhood Obesity. I intend to first plainly explain a clear definition of what Childhood Obesity is. Next I plan on explaining some possible reasons why children develop obesity. 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Obesity in children is an epidemic that700 Words   |  3 PagesDoes Counseling Help Children with Issues of Obesity? Obesity in children is an epidemic that continues to be a serious problem in our nation. Over the past thirty years, childhood obesity rates in the United States have tripled, and currently, approximately one in three children in the U.S. are overweight or obese. High body mass index (BMI) among children and adolescents is a public health concern in the United States (Ogden, Carroll, Curtin, Lamb Flegal, 2010). According to the CentersRead MorePrevalence Of Overweight And Obesity Essay1249 Words   |  5 Pagesoverweight/obesity among parents of children entering childhood obesity treatment and to evaluate changes in the parents’ weight during their child’s treatment (Trier, 2016). The study included the parents of 1,125 children and adolescents (aged 3-22) who were enrolled in a children obesity treatment program. They began by taking the heights and weights of the children and the BMI scores were calculated. After 2.5 years of treatment, the mean weight was tak ing from the parents of 664 children. The resultsRead MoreEssay on Informative Speech Outline-Childhood Obesity840 Words   |  4 Pages   Topic: Childhood Obesity INTRODUCTION I. Attention Getter: Hi, my name is Jill. I have been a pediatric nurse for almost 2 years now. According to the National Center for Health Statistics in 2011, childhood Obesity has more than doubled in children and quadrupled in adolescents in the past 30 years. And in 2012, more than one-third of children and adolescents were overweight or obese. II. Specific Purpose: I would I like to inform you all of childhood obesity and ways to get involvedRead MoreChildhood Obesity Issue Essays1738 Words   |  7 PagesChildhood obesity Numerous children are victims of a variety of health problems inflicted by the deficiency of good nutrition and physical activity. Childhood obesity is a national epidemic and is continuously growing rapidly. Obesity is an excessive amount of body fat in relation to body mass, being overweight is your body weight in relation to your height (L. Marcus Ph. D and A. Baron M.S.W.). Obesity is the most distinct medical condition but the most difficult condition to treat. Obesity is theRead MoreResearch Report Questionnaires1342 Words   |  6 Pagesthe attitude of adolescent who reported their parent’s behavior positively and normatively was having good psychological adjustments. The study further revealed that the certainty of perceiving their parent’s behavior may be unfavorable to psychological adjustment and inflammatory processes of the adolescent. Therefore, based upon the above review we pose the hypotheses: H1: There will be significant relationship between social relationships and academic performance in school children. H2: Social relationshipRead MoreHow Does Obesity Impact Children? Essay1602 Words   |  7 Pagesharm it could cause to one s body. My partner, Alyssia Benejam, basically helped me with my choices to find a question and give me more info about m research question. After a while of thinking and deciding it finally came to me, â€Å"In what ways does obesity impact children?† Obesity is defined as, the condition of being â€Å"grossly† fat or overweight. As a teen we have stopped trying to figure out how obesity really works and why does it matter so much. As children we are told that we should a certainRead MoreAnalysis Of The Satirical Street Art That Sends Messages Of Awareness Of The Corrupt Society1626 Words   |  7 Pagesart that sends messages of awareness of the corrupt society, Banksy, has remarked that â€Å" a recent survey or North American males found 42% were overweight, 34% were critically obese and 8% ate the survey.† With the rising awareness and prevalence, obesity has become an epidemic. In the United States alone, one of every five Americans are overweight, and one of every five are obese. Among the younger ages of childhood and adolescence, the National Health and Nutrition Examination reported that 17% ofRead MoreOverweight, and Obesity are Results of Calorie Imbalance779 Words   |  3 Pagesdescribe excess body we ight for a particular height from water, bones, muscles, fat or a mixture of them all. Obesity is defined as having excess body fat, they both are results of calorie imbalance. Within the last 30 years adult as well as childhood obesity has increased significantly. Pediatric obesity has become an epidemic within the last 20 years. At the present time 31% of adults and 18% of children are obese. Body Mass Index is used to diagnose a child as being obese. Most often obesity represents

Network Protocols Assignment

Questions: 1. Describe what the term promiscuous mode means in relation to capturing network traffic with Wireshark and similar network traffic analysers. The Capture Options dialog allows the Name Resolution of Network Layer names. Describe what this means and describe how it could be used for capturing network traffic. 2. Describe the difference between a network switch and a network hub. Then explain how switched networks limit the network traffic that is visible to Wireshark in comparison to networks that used hubs. (Note switches are the technology used in todays computer networks) 3. In TCP/IP networking IP addresses are used to identify specific computers (or hosts) on the network, clients use ports numbers to specify a particular instance of a client program (for example a specific tab on a web browser) and servers normally use well known port numbers on which to listen for client requests. For instance ftp at the server uses ports 20 and 21. From the web or any other source determine the well-known port numbers of the following server programs: ftp data ftp control http NTP ssh 4. Also find the well know port numbers for 6 other network protocols and describe the function that each protocol performs. Answers: Promiscuous mode The promiscuous mode is the mode which is used to capture the network traffic that is flows through the Ethernet traffic and not the unicast traffic. With the promiscuous mode being activated, the multicast filter is switched off. All the packets that are received are delivered to the host. In case of capturing the traffic in an Ethernet traffic, instead of the Unicast traffic on which Wireshark, multicast and broadcast traffic is maintained, the filter is switched off. So it can be said that the promiscuous mode is necessary to switched on in order to capture the network traffic (Chappell, 2010). Name Resolution of Network Layer The name resolution attempts to convert few of the numerical address values into a format that can be read and understood by the humans. The name resolution acts as an interpreter that converts the numerical address value into a form that is readable by the humans. There are two wqays by which this can be done. They are done by calling system or network services or resolve from Wireshark specific configuration. The capture files are used to understand the information that will stay available after the captured packets are saved to a capture file (Merino, 2013). This is helpful in knowing a bit of the capture file content. Difference between a network switch and a network hub In case of a network, a device which filters and sends ahead the packets that are between the LAN segments. The switches are operational between the data link layer and the network layer of the OSI model. As a result, it supports the packet protocol. LANs which utilize switches to join segments are referred to as switched LANs or in some cases called as the Ethernet networks or the Ethernet LANs. But a connection point for devices in a certain network in a network is called as the Hub. The Hubs are commonly implemented to connect the segments of a LAN. A Hub contains multiple ports (Orebaugh, Ramirez and Burke, 2007). In case of a hub when a certain packet arrives a port, it is copied to the other ports and shared through the network. Nowadays, an Ethernet network utilizes switches which connect the Ethernet nodes together. This helps to increase the network performance by a great deal, but it becomes difficult at the time of capturing data using Wireshark. An Ethernet switch does the same job as that of an Ethernet adapter but the function is done inside the switch. The inference can be drawn from the from the traffic seen on the port that unicast address or addresses are utilised by the connector added to the port (Sanders, 2011). Port numbers of given server programs Sl. no servers port numbers 1 ftp data 20 2 ftp control 21 3 HTTP 80 4 NTP 119 5 SSH 2 Different other well-known port numbers are- BGP- the short Border Gateway Protocol has port number of 179. It is an exterior gateway routing protocol, which enable groups of routers to share routing information in case of efficient loop free routes, needs to be established. BGP is mostly used within and between internet service providers. LDAP- the lightweight directory access protocol bears the port number of 389. This port sets the protocols for the accessing of the information directories (Seagren and Noonan, 2006). DHCP client- the DHCP client is a protocol for the assignment of a dynamic IP address to the devices of a network. It has the port number of 546. With the help of dynamic addressing, it is possible to have different IP addresses at the same time. SNMP- the simple network management protocol is a set of protocols for the managing of complex networks. It bears the port number of 161. SQL server- the DBMS which responds to queries from the client machines are formatted in the SQL language. It bears the port number of 156 POP3- the Post Office Protocol is utilised to retrieve e-mail from the email servers in order to keep track of the messages. References Banerjee, U., Vashishtha, A. and Saxena, M. (2010). Evaluation of the Capabilities of WireShark as a tool for Intrusion Detection.International Journal of Computer Applications, 6(7), pp.1-5. Chappell, L. (2010).Wireshark network analysis. San Jose, CA: Protocol Analysis Institute, Chappell University. Hnatyshin, V. and Lobo, A. (2008). Undergraduate data communications and networking projects using opnet and wireshark software.SIGCSE Bull., 40(1), p.241. Kumar, A. and Yadav, J. (2016). Comparison: Wireshark on different parameters.International Journal Of Engineering And Computer Science.

Fashion what is it free essay sample

I think we all can agree that clothing is an essential part of our lives Right? Fashion plays a very important part of your life. Fashion is not just for the rich and the famous! fashion can describe a person in many ways. your gender, your religion and culture you are from It allows other to judge you based on your ,mood, colors you wear, what you eat ,what you drive, what your occupation is and fashion looks at where you live. as a result your social circle is Judge by the aquatints around you fashion in todays world is for acceptance! fashion allows a person or business to express a point of view. Today we are judge by colors that we wear the brand of your ward drobe. fashion acceptance is not just in the! In america it in most countries and culture here in america the women and men are able to wear what pleases them for other people link in India women can not expose their legs or arms men dont wear shorts because its disrespect. We will write a custom essay sample on Fashion what is it or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page after researching fashion i have grown understand how fashion is referenced in our lives. I personally think that fashion is all around us our moods can change do to color, weather, someone else opinion, men and women struggle for fashion acceptance in many ways,And above all fashion describes you and your style for the world to understand who what where and why about you. We should do our best to realize that fashion has been judged for many centuries and we as a whole still look to be acceptance from the company we keep. fashion on the other hand reflects a since of balance an belonging in ones life. No mater where you live fashion controls your thoughts about yourself. in closing what is fashion? YOU research is from the following Modern India StudyMode.com. 10 2012. 2012. 10 2012 .Fashion Letter (Informal) StudyMode.com. 03 2001. 2001. 03 2001 . Fashion Letter (Informal) StudyMode.com. 03 2001. 2001. 03 2001 .

The social cultural impacts of the Montserrat Volcanic Crisis placing the experience in a wider Caribbean context Essay Example

The social cultural impacts of the Montserrat Volcanic Crisis placing the experience in a wider Caribbean context Essay Example The social cultural impacts of the Montserrat Volcanic Crisis placing the experience in a wider Caribbean context Essay The social cultural impacts of the Montserrat Volcanic Crisis placing the experience in a wider Caribbean context Essay Montserrat is a small Caribbean island of approximately 102km2 in size and is situated to the South of its closest neighbour, Antigua. Both islands form part of the Leeward Islands chain as shown below: The island itself is a British overseas territory of volcanic origin, and until recently remained dormant. However, since 1995, the island has been severely affected by eruptions of the Soufriere Hills Volcano and the subsequent pyroclastic flows and mudslides associated with the volcanic activity. Such events have destroyed Plymouth, the Islands capital, the Airport situated on the East coast and much of the Southern third of the island. This has resulted in considerable social implications as a consequence of de-territorialization defined by Rozdilsky (2002) as the process of losing the natural relationship between culture and social territory, including the old new forms of symbolic production. The island once had a population of over 11000 people, which decreased considerably by approximately 2/3 to just 4500 in 2000 and is now home to only 80% of the original population figure approximately 8 000 people. In response to the eruption, approximately 2500 people relocated to other Caribbean islands and 3300-3700 had relocated before 1998 (DFID, 1999). Currently, the population is concentrated into the Northern third of the Island following the introduction of an Exclusion Zone encapsulating the most dangerous areas surrounding the Soufriere hills as shown below: The evacuation of people from dangerous areas of the island caused localized unrest and placed enormous pressures on the islanders. As Shotte describes the effect of these movements: Life for Montserratians has never been the same since July 1995. Three phases of internal displacement within the first nine months of the volcanic crisis, proved to be a frustrating and emotionally draining experience. Thus began the roller-coaster existence of a people whose lives were forcefully propelled on to unexpected and challenging roadways. The considerable reduction in land available for housing created serious social impacts; Those who chose not to leave the island following evacuation from the South where faced by two possibilities share with friends/family or be placed in temporary accommodation such as the Montserratian Defence Force barracks at Geralds. Eventually 1 in 7 people were housed temporarily in shelters. For many, a sense of order and stability in life is represented by land and home. For many Montserratians, this has been removed, producing disassociation and a confusion as to the sense of belonging. The people of Montserrat pre-1995 had a particular emotional attachment to their land. Plymouth and other areas around the island not only symbolised their identity and sense of being but also their ancestors struggle against colonialism and slavery. The land was previously seen as a type of security that can be handed down (Skelton. 2000. p70). Evacuation from the South has placed a strain on the areas of Davy Hill and Geralds where a large proportion of relocation has taken place. Geralds in particular has and is facing major changes through the construction of the new Airport to replace Bramble Airport, which was lost under pyroclastic flows on the East Coast. Despite offering 35 new jobs when completed and many during construction, at a cost of $EC42.6 million, the airport will dramatically change a large area of cultivated and inhabited land in the North of the Island meaning yet more relocation for those unlucky enough to be living where the airport is being built. Angela Greenaway (2002) comments that: for sustainable development to be achieved, there must be planning which caters for the local community but also has a healthy respect for the environment. This statement supports the need for sustainable development incorporating the airport but will come as little relief for the residents of Geralds who could well be relentlessly affected. The airport is however, very important to the development and safety (in terms of evacuation) of the island as more passengers will be catered for in light aircraft than the heliport could ever support. The questionable closure of the port (Osbourne, 2003) however, and removal of a twice-daily ferry service capable of carrying over 300 passengers is likely to hinder the development process until larger aeroplanes are able to service the island. For this to be the case, the runway must be extended which, according to the head of construction for the airport, is impossible given the shape of the land. Montserrat is characterised by a unique social and economic structure following the recent volcanic activity. Once self-sufficient and striving for independence, Montserrat is now more dependent than ever on Britain. The island once boasted low levels of unemployment and one of the highest standards of living in the Caribbean and up until the 1995 eruptions, had not received budgetary aid from the UK since 1981 (Skelton, 2000). The extent of Montserrats substantial borrowings (Cassell-Sealy, 2002) following 1995 was highlighted by the Chief Minister John Osbourne, who when interviewed, estimated that 80% of development funding post-volcanic event was received from the UK and EU. A return to self-sufficiency by 2007 is a target set out by the Montserratian government despite the admittance that independence is now impossible for the foreseeable future (Osbourne, 2003). As a direct result of the volcanic activity and threat of future such occurrences highlighted by the introduction of the exclusion zone in October 1996, much of the aforementioned population reduction was through migration to other Caribbean islands (predominantly the neighbouring Antigua to the North and Guadeloupe to the South), North America and most importantly the United Kingdom (Mainly due to colonial links). The decrease in population generated several negative effects such as the dramatic reduction in revenue from taxes and a productivity base loss of 95% (resulting from the dramatic reduction of both males and females in the main productivity age group of 15 64 years old) (DFID, 1999). Similarly, the island is experiencing the brain/skill drain, which symbolises the loss of talent and intellect to other countries from the same age group. Attracting Montserratians back to the island is proving a difficult task mainly due to the rates of pay, which are low in comparison to other countries such as the UK. Services such as education suffer considerably as a result with the lack of teachers hindering future development of the education system. This is a problem which the government hopes to ease with the use of subsidies from the UK, should they become available. Pre-1995 the economy was primarily service-based with a significantly large female workforce acting as both producers and reproducers (Skelton, 1989). Since the volcanic activity began, the depletion of the service industry has meant the majority of job vacancies now exist in the construction industry, an industry dominated by male intake. This male preference is causing a detrimental psychosocial fallout (Barnes, 2001) which has lowered self-perception and worth for women. According to Lee (1996), Montserratians are experiencing the pull of the UK and other locations away from the threat of volcanic activity as well as the push of poverty. In an attempt to achieve sustainable re-development of the island, three major government-backed agencies have been introduced. Firstly, the Montserrat Volcanic Observatory (MVO) provides the siland with detailed analysis of the volcanic activity, mainly through Radio Montserrat. As Jill Morten, director of the MVO (2003) states: The level of trust the people hold for the observatory is evident and the government and emergency department rely heavily on data from the observatory when changing the exclusion zone area or in case of an evacuation. Secondly, the Emergency Planning Department (EPD) was introduced to ensure the minimal impact of any natural disaster possible is experienced. As Horatio Tuitt (2003) from the EPD explained: The department have plans for every conceivable eventuality including Operation Exodus the plan to evacuate the entire island should it be necessary. Finally, the Physical Planning Department (PPD) ensures the most effective use and management of land on the island. Modern techniques are used to develop the island as Angela Greenaway (2003) states: Using base maps, surveying techniques and aerial photography, the department is working towards having the entire island plotted using GIS (Geographical Information Systems). It is hoped that with the successful management of the natural hazards which affect the island, the Tourist Industry will be able to re-develop itself and the national economy. The Government is targeting tourism as the main source of income as it was pre-1995 through re-development and since 1998, figures have steadily increased: * 1999 saw a 37% increase on the figures for 1998 * 2001 saw a further 9% increase on the figures for 2000 (West, 2003) Achieving sustainable development is key to the re-development of the island if it is to build for the future, this is possible in many ways including using the remnants of the eruption for tourism (such as Plymouth in its inundated state) and using the unique culture and habitat that characterises the island as a whole. The second method is perhaps one of the most important. As those who visit the island soon realise, Montserrat features a unique culture which welcomes visitors and when combined with the natural beauty of the island, creates an alternative to many other holiday destinations. Key to the re-development of the Montserratian tourist industry is for the UK to assist in the promotion of the island as a safe tourist destination and to curb the negative media attention surrounding the volcanic eruptions of recent years. Similarly, the promotion of the island needs to be enhanced with help from the UK (where many tourists are likely to come from) and a reduction in the reliance upon word-of-mouth and repeat visitors as mediums. The problems faced by the tourist industry in Montserrat are highlighted by Roselyn Cassell-Sealy of the National Development Fund (2002): Our incapacity to control the quantity and quality of the context of international news releases continues to handicap our attempts to market ourselves as an alternative small island tourist destination as well as a very real potential investment option. Currently, the Caribbean economy as a whole is a very complicated system originating from its colonial history (Boxhill, 1999). Most of the islands are still influenced or governed by their previous colonisers. More recently, the Caribbean countries are in the process of developing the idea of a Caribbean Single Market and Economy. Key features of which include the introduction of a single Caribbean currency, which would be utilised by all the full members of CARICOM (Caribbean Community Common Market) in an attempt to prevent marginalization and the influence of Trans-national Corporations. (Boxhill, 1999) Although Montserrat is a British Territory and is likely to be so for the foreseeable future, it is a member of the Organisation of Eastern Caribbean States (OECS), using the Eastern Caribbean Dollar ($EC) as its main currency. Despite its reliance upon the UK and EU for funding, Montserrat maintains full independent status within the OECS (Skelton, 2000). However, the Chief Minister has highlighted the islands intentions to join the Single Caribbean Currency should the plan come to fruition. Montserrat purveyed one of the stronger Caribbean economies prior to the volcanic crisis (Skelton, 2000). Despite the activity since 1995, the standard of living on the island is still of a reasonable quality and is much higher than on other Caribbean islands areas of Africa and South America. Processes such as Globalization (featuring increased communication and transport links), have attracted migrants from such areas. Montserrat is keen however not to allow the introduction of possible detrimental activities to the island such as drug and gun cultures which could spoil the image and portrayal the island is striving to achieve as part of its sustainable development. The Governor, Chief Minister and Press officer Keith Greaves highlighted such matters as well as the already evident cultural changes which are a feature of the modern global community and are brought to the island by tourists and migrants alike. Such actions do however introduce the possibility of a sense of confusion as to the national identity which Montserratians are attempting to ascertain. As Fergus (1994) comments; Montserrations are still not certain what they are. One part of the Monserratian culture which is evident, and indeed prominent, is the importance of religion to the people. Walking or driving through villages on a Sunday morning immediately presents the level of importance the church holds to the people. There is very little activity, except for those going to or from church. Communities appear to be based around religious activities and groups with most activities being held in the local church hall. It is difficult if not impossible to determine what the future holds for Montserrat and its people. The volcanic activity since 1995 has had several socio and cultural impacts on the Island. The people have been relocated, sometimes on several occasions and are uncertain where their future lies perhaps this is why so many have moved to security and a certain future associated with an alternative sense of being. Many of those who took advantage of the UK governments 2-year exceptional leave to enter granted in April 1996 allowing free entry to the UK for Montserratians. It is also important to point out that those who chose to remain or moved to the island are now located in one third of the original size of the island. Islanders are now therefore living more on top of each other and the scope for future conflicts greater than those already experienced through activity such as relocation is increased. If the island is to achieve sustainable development, the reliance upon the UK and EU will continue for some considerable period and it is difficult to see how Montserratians will be able to achieve a real sense of nationalism and complete identity until the island re-develops considerably. It is not of course a foregone conclusion that volcanic activity will cease in the short term. This raises the question as to whether the Southern area of the island will ever be safe to use again in light of recent events. Either way, the socio-cultural impacts on Montserratians lives are likely to continue until the island achieves a stable economy and structure similar to that which existed pre-volcanic activity. The question remains as to when and indeed if this will happen.

Impact of Malaysia Budget 2013 on Small and Medium Enterprises Assignment

Impact of Malaysia Budget 2013 on Small and Medium Enterprises - Assignment Example Small and medium-sized enterprises have had bigger challenges in their business performance, incursion, and marketing, compared to the large enterprises. The Malaysian 2013 budget has given indicated considerable efforts to emphasize on the need of SMEs in economic development, and vision 2020 of attaining an industrialized nation-state (â€Å"Budget 2013,† 2012). The government policies through the 2013 budget initiatives provided financial support for the enterprises straddling across large and small enterprises, focusing on the youth and women through loans and financial support in investments across the local regions. The loans and funds have subsidized charges on interest rates, which the government is collaborating with financial institutions for easy access to the SMEs. The tax and non-tax incentives will reduce the expense of operation in enterprises consequently saving money channeled by enterprises from incentives (â€Å"Budget 2013,† 2012). The budget could a lso influence the SMEs through ICT infrastructure, entrepreneurship training to improve national GDP, revenue, investment, and enhance economic growth. The small and medium scale enterprises form the backbone of the majority of the developing nations’ economy. These enterprises play a significant role in facilitating the considerable growth of the economy; however, financial constraints and inhibiting the competitiveness nature, which pushes every entrepreneur and businessperson, to improve the worth and quantity of market goods and services remains a significant obstacle (â€Å"Budget 2013,† 2012). In the past, Malaysian SMEs have been struggling to expand beyond their national boundaries, so that they can compete internationally, especially in the current wave of globalization.  

The visibility of the Environmental reports Essay

The visibility of the Environmental reports - Essay Example 1. The elevation of social accountability and the current reach of the environmental responsibility of the corporate world? Is environmental responsibility addressing the real concerns or is it a public propaganda? 2. Prior research indicates that the firms used to elevate the social accountability as an employee welfare activity and ignore other related important operational information. A very little has been done to the environment improvement. There is no sustainable development but firms used to highlight specific events they have had organized. Firms from the seventies started concerning about environment to please the public and to get approved by the environmental & other governing authorities. The stringent laws imposed in response to the rapid pollution worldwide the firms were forced to abide the regulations specified by concerned authorities. 3. Socio Economic theory was used to examine the social accountability of the firm. 4. The theory describes about the authenticity of the disclosures about the environmental responsibility. The Socioeconomic theory demands for the release of both the extremes of the facts about the environment accountability of the firm which many companies were not providing at that time. The theory demands that the environmental reports are to released with the annual reports to enhance the accountability and visibility of the firm towards environmental awareness. However the firms used to release a separate report about the environment.

EGT1 †Economics and Global Business Applications Essay Example for Free

EGT1 – Economics and Global Business Applications Essay Elasticity of demand is a measure of responsiveness to a price change of a good or service. When demand is elastic, the percentage of a price change of a product will result in a larger percentage of quantity demanded (McConnell, p 77). It basically means reducing the price of a good service will result in a greater quantity demanded and an increase in revenue for the seller. When demand is inelastic, a change in price will result in a reduction of quantity demanded, which will then lead to a revenue decrease (McConnell, p 77). To demonstrate elastic and inelastic demand results, Company A sells 100 pens at $1.00 a piece each day, making their revenue $100.00. Company A then decides to sell their pens at $.50, which results in a total of 250 pens being sold. The total revenue from the price drop is $125, resulting in an additional $25.00; therefore the demand in this scenario is elastic. If selling the pens at the decreased price of $.50 would result in more pens being sold, but less total revenue, the demand is said to inelastic. According to McConnell, when demand in unit elastic, the percentage change in price and the resulting percentage changes in demand are the same. The change in price will not increase or decrease revenue. Cross price elasticity measures the response of demand to a change in price of another substitute or complimentary good (McConnell, p. 87). Substitute goods are goods that can be purchased in place of another good. Examples of substitute goods are soda (buying Coke vs. Pepsi), computers, and potato chips. A positive cross elasticity of demand means the increase of price in one good, for example Coca-Cola, will increase the demand of a substitute good, for example Pepsi. As the price for Coke increases, consumers are more likely to purchase Pepsi at a lower price, thereby increasing its demand. Complementary goods are items that are typically purchased in conjunction within one another. Examples are ringed binders and notebook paper, pencils and erasers, and potato chips and dip. A negative cross elasticity of demand in complementary goods means that the increase in price of one good, an example being potato chips, will decrease the demand for the complementary product that goes with it, the dip. Income elasticity measures the responsiveness of consumers to changes in their incomes (McConnell, p 88). Demand for normal goods tends to increase as consumers’ incomes increase and conversely, demand for inferior goods tends to decrease as consumers’ income increases. Demand is elastic where there is a large availability of substitutes. The reason for this as the price of a good increases, if there is a large amount of substitutes for this particular good, the consumer will choose the substitute. As discussed earlier, soda is an excellent example of this elasticity. Airline tickets are another example. As one airline raises its cost of a ticket or to even pay for a bag to be checked, a consumer will more likely choose a cheaper ticket or an airline that doesn’t charge for baggage over the original. If there is no (or a very limited) amount of substitutes for a good, elasticity is said to be negative. A price change in medication will not likely change the behavior of a consumer relative to demand since there isn’t a substitute to taking the medication. Household utilities are another example of a limited amount of substitutes. In discussing the proportion if one’s income devoted to a good concept, the household budget comes into play. In a given month, households pay for many different good and services. A change in price may or may not affect the households demand for those goods and services. Often, it is dependant on how much of the household budget is devoted to that good or service. Mobile phone service is an excellent example of a service that will most likely have a large amount of a household budget dedicated to it. A change in price in the cell phone service will most likely result in that family making a decision to change to a cheaper service, since that will have a large impact on their budget. On the other hand, that same household may purchase light bulbs each month. The amount of money dedicated to the purchase of light bulbs is so small, that a price increase will not likely affect the budget, therefore the family will not likely make a decision to change to a cheaper bulb. The concept of time when discussing demand is important. When a consumer has a large amount of time to decide on the purchase of a good or service, the elasticity is positive. Conversely, if there is little time, the elasticity is said to be negative. According to McConnell, and excellent example of this is gasoline for automobiles. Gasoline prices change daily and more often than not, prices rise. A family, who owns a car and is dependent on that car for work, etc, will not likely stop buying gas in the sort-term, because it is crucial to their everyday living. However, that family over a long period of time may decide to find alternate means of travel, decreasing their demand for gas. Using the graphs for elasticity of demand and total revenue, areas of elasticity, inelasticity and unit elasticity have been identified. Demand is elastic between the prices of $80.00 and $50.00, meaning the demand increases as the price decreases, resulting in an increase of total revenue. Between the prices of $50.00 and $40.00, the demand in unit elastic, meaning the percentage of drop in price resulted in the same percentage of increase in demand. Revenue remained unchanged in this price range. Between the prices of $40.00 and $0, the demand is inelastic, meaning the price drop has resulted in an increase in demand, but not enough to over come the decrease. Total revenue has been negatively impacted.