Raising prices enhances wine sales Research Paper

Raising prices enhances wine sales - Research Paper Example Hypothesis generation is considered to be the most creative task within a research (Salkind, 2010, p. 1253-1254). The null hypothesis and alternative hypothesis of this research study are mentioned below: Based on the research problem and the designed hypothesis in this study, it can be said that the two major variables that can be considered in this case are the price and demand of wines. The increasing price increases the demand of wine; here the dependent variable is the demand while the independent variable is the price of wines. Another dependent variable is the satisfaction or level of pleasure of the respondents because the satisfaction level of the respondents also increased when they consumed a high priced wine (Nargundkar, 2003, p. 187-189). The wines were tagged with the price, which is the independent variable, and given to respondents for tasting. It was found that the respondents preferred more of the high price tagged wines; a MRI test was also conducted to monitor the brain activities. It was found that the respondents felt more satisfied consuming the high price tagged wines. There are certain extraneous variables which might have affected the study, but these are not included in the article. This can be even considered as the limitations of the study. The brand of the wine; age group; socio-cultural aspects, such as level of the respondents in the society; income level and habit are few important variables that affect the demand of wine (Malhotra, 2008, p. 228). In this experiment, the researcher has chosen a within subject design, as it can be seen that all the respondents in this research have undergone similar experiments. Here all the 20 respondents were allowed to taste similar wines and provide their inputs for the same. Firstly, within subject design is appropriate for small experiments. As the sample size of this experiment

Successful Communication in Organisation Research Paper

Successful Communication in Organisation - Research Paper Example Whether you are the manager or a regular employee at any organization, the better you communicate and interact with others –the better working relationships you will develop with others. It is important to understand that not all employees come from strong communication backgrounds and therefore new employees must be brought up to speed on the crucial communication methods (Guffey & Almonte, 2010). Effective communication is therefore built on some essential aspects or concepts that this paper is going to discuss. These concepts are crucial for any communication to succeed and accomplish the function it is intended for. The first concept is listening. This is paying attention to someone with who you are actively engaged in a conversation with. I believe that this is the most important concept in communication because individuals have to pay attention so that they are able to interpret the message from the sender of the speaker and provide feedback (Bovee, Thill, & Schatzman, 2 003). Poor listening will lead to the receiver misunderstanding a message or not getting the concept at all which is very bad in business. It is bad because chances of organization losing an opportunity that would have made a difference are high (Guffey & Almonte, 2010). ... Active listening therefore goes beyond the obvious and may also entail empathizing with the speaker and this makes you understand the speaker better and in so doing foster effective relationships which are essential in any organization. According to the Harvard Business Review, sensitive listening is the key to effective management and the busy executive spends 80% of his time listening. Psychologists say that listening is the greatest high touch value and this is because it gives the speaker a sense of worth. One may not be able to convince someone that you respect him by telling them so but you may be lucky in getting this message across if you behave in a respectful manner through active listening. Benefits of listening include improved office communication, better and improved relationships, cordial working environments and fostering peace and avoiding conflicts. The second concept is organizational culture. McQuail (2005) defines culture as a process but that it can also refer t o some shared attributes of a human group such as their physical environment, tools, religion, customs and practices or their whole way of life. It is therefore a set of assumptions that members of a given community share. Organizational culture can be defined as a pattern of shared basic assumptions that a group learned as it solved its problems of external adaptation and internal integration that has worked well enough to be considered valid and therefore, be taught to new members as the correct way to perceive, think and feel in relation to those problems (Anaeto, 2010). An effective organization culture creates norms values and assumptions usually taken for granted but which exist in the day

LEACH protocol in Wireless Sensor Networks Research Paper - 1

LEACH protocol in Wireless Sensor Networks - Research Paper Example Low energy adaptive clustering hierarchy (LEACH) is a communications protocol that has overcome some of the limitations of various routing protocols on wireless sensor networks. It is mainly meant for wireless sensor networks where an end user intends to remotely monitor and control his/her environment. To achieve this, data obtained from various nodes is sent to a focal base station in the sensor networks; which enables the end user to access the network. Wireless sensor networks have found use in the economy of late and therefore the need to manage the energy constraints. Localization, fusion, and routing have been the areas of interests especially in dealing with the constraints of energy in the wireless sensor networks. Energy is determinant in the duration and lifetime of the system. Many studies and advancements have been carried out to solve energy management in various wireless sensor nodes. Cluster routing protocols have also been improved to increase energy management in WS Ns. It is undeniable that clustering is one of the most proven ways of prolonging the lifetime of networks for the wireless sensor networks which are energy constrained .The dissipation of energy in networks has been at the Centre stage for the effective functioning and lifetime of systems. Wireless distribution microsensor systems enable many networks found in the military and public domain. The dissipation of energy is therefore important in the wireless networks since it determines their effectiveness and reliability. The discussion in the below paper will analyze five reviewed academic journals to analyze the thesis statement that; the low energy adaptive clustering hierarchy protocol (LEACH) detects the faults on the network by transmitting and analyzing the periodical queries from the centralized node and increases the life span of the sensor nodes by

Knowledge Workers Essay Example | Topics and Well Written Essays - 2000 words

Knowledge Workers - Essay Example The Singapore example throws ample light on the situation arising with knowledge workers. Singapore was a manufacturing economy until changes in economy began taking shape in the last decades of the 20th century. Countries such as China, India and Korea emerged with better skills to manage the changes in economy (Judy, Richard W; 2002, p32). "In Singapore, most of its policies and practices are centred towards the incorporation of technology . This implies that majority of their employees receive very little attention. What this does is that employees are not motivated to improve. They do not tap all their potential and end up underperforming" (Smith, Carolyn; 2010). The Singaporean example highlights the need to maintain an open policy to changes so that changes could be incorporated when needed. The mindset even in the management was not conducive to change because of the working culture that prevailed at the critical time (Smith, Carolyn; 2010). Changes did take place, but rather slowly. The government changed the Ministry of Labor to Ministry of Manpower. Once the steps to reforms were introduced at the top level, the rest of the changes happened in due course. Changes in economy happened when the Singaporean government looked to emigrants from Canada, the United States, China, India, Malaysia and other growing economies to make up for the shortage in skilled knowledge workers. "In May 1997, the Committee on Singapore's Competitiveness (CSC) set out to critically assess Singapore's economic competitiveness in the early twenty-first century, taking into consideration global trends and development of existing and emerging competition. The CSC was tasked to identify the problem areas and propose appropriate strategies and policies with a view to maintaining and strengthening Singapore's competitive position" (Judy, Richard W; 2002, p32). The CSC decided to "develop in the next ten years into an advanced and globally competitive knowledge economy, with manufacturing and services as the twin engines of growth. In a knowledge economy, the basis for competitiveness will be the capabilities and intellectual capital to absorb, process and apply knowledge" (Judy, Richard W; 2002, p33). With aging economy and culture, it was not possible for Singapore to transform their economy without importing manpower skilled in intellectual applications. The importance of knowledge workers is currently felt because of the exponential growth of information technology. This growth has left a vacuum and this vacuum can be filled involving knowledge workers (Davenport, Thomas H; 2005). There cannot be any doubt that the knowledge worker occupies a privileged position as worker. Classified as a knowledge worker, he or she is supposed to be knowledgeable in his or her stream and capable of handling a project that come under his or her capabilities. Indeed, the situation is such that

Volkswagen Commercial Essay Example | Topics and Well Written Essays - 250 words

Volkswagen Commercial - Essay Example The little boy dressed like the super heroes at Star Wars and the concept of trying to use inward force to move things was creatively used. If I were the director of this commercial I would compare the new Volkswagen Passat with another car taking good care not to show the brand of the other car. Instead of the little boy trying to give life to the doll, make the dry cleaner work or trying to move the dog I would prefer he tries to make a similar car from another company start its engine. Since it would fail to start, the dad would arrive and when the little boy tries to use his assumed internal force in the car, the dad would ignite the car using his remote control. I would explain to the client that this commercial is easy to understand than the previous one. The comparison of the two cars would give a clearer concept of force than the use of toys and other things in comparison with a

General Electric Medical Systems, 2002 Essay Example | Topics and Well Written Essays - 750 words

General Electric Medical Systems, 2002 - Essay Example In 2002 when Joe Hogan took up the reins he faced a difficult situation of having to decide whether GEMS should continue its policy of being a Global Products Company (GPC) or modify the concept to ‘In China for China’. GPC required that the manufacturing activity of the entire range of products be concentrated in places, including China, where this could be done at the lowest cost while maintaining standards and supplies made to the entire global market. The alternative would mean that the production in China would be meant exclusively for the Chinese markets. GEMS also had to decide whether it would continue concentration on excellence in engineering or move to new areas of genomics and healthcare information which would bring it into competition with smaller software companies but has to be done if GEMS has to be part of the emerging technologies that might, one day, make its existing lines of business obsolete and redundant. Analysis of the market situation revealed that the population of advanced countries was increasingly becoming older needing higher spending on healthcare making double digit growth in healthcare related industry possible. However the low per capita spend on medicine and diagnostics in emerging economies like China and India opened doors for a huge opportunity for GEMS both for new equipment as well as for reconditioned equipment marketed under its Gold Seal program. Other countries in Eastern Europe and Latin America were also emerging as large markets with opening up of their economies and development of their soft infrastructure. China was predominantly a low-end equipment market and had allowed the use of used equipment also. The market segmentation was high-end products, sold mainly in the US, Japan and other developed countries contributing 45%, mid-tier products 35% and the low-end making up the balance 20%. However it was the cheaper products that had the maximum potential for growth due to

Europe in the Renaissance Essay Example | Topics and Well Written Essays - 1750 words - 1

Europe in the Renaissance - Essay Example A major theme of Renaissance in England was a transition from purely religious ways of life (even in architecture and art) to a more secular mode of living, which included a shift from the way people idealised various things and concepts to a different outlook. The Church was no longer being considered a source of instruction in political, religious, social and individual matters. Rather, dissolution of power was taking place while the Church remained a religious identity while the power to deal with matters of law and government were vested with the (oft secular) political government. Hence, while there was a less opportunity to progress and open up to different varied disciplines while the Church was in power, people could focus on the development of culture and art during and after the Renaissance period. This is the reason why much emphasis is paid and research effort given to the cultural and art development during this period and there is much less focus on the political change . There was also an element of foreign ideas’ mixture into the concepts and ideas that were gaining popularity in England which eventually gave rise to a whole Renaissance theme containing a blend of traditional and modern ideas (The Columbia Electronic Encyclopedia). â€Å"I call it our English Renaissance as it is certainly a type of new beginning of the character of man, like the great Italian Renaissance of the 1500s, in its wish for a more affable and comely approach of life, its obsession for physical beauty, its elite notice to shape, its seeking for new subjects for poetry, new intellectual, new forms of art, and imaginative enjoyments: and I call it our romantic association since it is our most current appearance of beauty. We describe it as a mere restoration of Greek modes of thinking, and again as a mere recovery of mediaeval feeling. Rather I would say that to these forms of the human spirit it has added anything of artistic value the complexity and density