Education An Era Of High Technology - 915 Words

Today, we are living in an era of high technology. In order for our technology to become more advanced, many countries believe that education is very important. Education gives us the skills to succeed in life, academically, economically, politically, and socially. However, Sometimes students can’t get benefits from education because they aren’t engaged in class. People wonder why students aren’t more engaged in their educations. I think students can’t be engaged in their education because they don’t quiet understand what the real meaning of education is. Moreover, they will never be engaged if they are not interested in. Many students have troubles to find out the real meaning of education. They don’t quite understand why they have to be educated, so some of them feel like that being educated is a mission which parents give them. If they aren’t able to find out that why they have to take education seriously, they are never engaged in their educations, and they might even get failed in their educations. For example, I didn’t understand why my parents forced to enroll into college. I had no idea which major I should pick because I couldn’t figure out what I was looking for in college at that time. My parents hoped that I could become an engineer, so I chose engineering. I chose an unsuitable major for me at the beginning of my first semester in college. I had to take courses that I weren’t interested. Those were advanced mathematics courses because of the engineeringShow MoreRelatedThe Role of Technology in Education730 Words   |  3 PagesIntroduction Over time, many have questioned the role of technology in education and instructional teaching because technology in education is a developing field that many researchers are yet to venture into. Since its advent, technology has greatly transformed human life because it has widened the focus within which man operates because of making his efforts easier and attainable. Introducing technology in the education sector has been viewed as a move towards progress because it has greatlyRead MoreImportance of Technical Education879 Words   |  4 PagesTechnical Education plays a vital role in human resource development of the country by creating skilled manpower, enhancing industrial productivity and improving the quality of life. Technical Education covers courses and programmes in engineering, technology, management, architecture, town planning, pharmacy and applied arts amp; crafts, hotel management and catering technology.    The technical education system in the country can be broadly classified into three categories – Central GovernmentRead MoreEssay on Elizabethan Era: The Golden Age1205 Words   |  5 Pageslavish parties, palaces full of gold and silver- these are just a few thoughts that come to mind when one hears the term â€Å"Elizabethan Era†; however, there is more to this period than what meets the eye. The Elizabethan Era was a significant epoch in the United Kingdom’s history. Ranging from 1558 to 1603, this was during the reign of Queen Elizabeth I. The Elizabethan Era, also known as the Elizabethan Age or Elizabethan Period, is said to be the golden age of English history, with a quite diversifiedRead MoreEducation During The Industrialization Era Essay1274 Words   |  6 PagesEducation During the Urbanization Era The Urbanization Era in American history, 1870-1900, was a time for growth in America. During this era, industry grew in the country. Big changes occurred in technology, big business, large scale agricultural, and much more. Industries were growing and big businesses were booming. All of this was causing growth of population in the cities in the America. This all fueled the economic growth of the country (The Development of the Industrial United States (1870-1900)Read More Is Canada a Post-Industrial Country? Essay861 Words   |  4 Pagescreativity is concerned, it can flow from the skills of an engineer, a scientist, an artist, etc. Much emphasis is placed on the upgrading of human capital and of attaining some form of specialized education. This type of knowledge-based economy logically offers more opportunity to those with a high-level education, creativity, and intellect. Post-industrial societies are societies that have lots of disposable income where money is spent not on ly on life’s necessities but also on products that improveRead MoreThe Rising Cost Of College Tuition855 Words   |  4 Pages Since the inception of the new millennium children, teens, and young adults have been adapting to an abundance of new technology, education, and forms of government. There is no more time to be a child in today’s era it’s all about molding you into an adult as fast as possible. Millennial young adults face more obstacles than any other generation since the modern era. America is changing at a fast rate and is putting pressure on the coming young adults to become adults. Young adults now are facingRead MoreThe Current State Of Entrepreneurship1693 Words   |  7 PagesPrior to discussing the current state of entrepreneurship in Canada, a certain degree of historical context is necessary. Throughout history, people have found new ways to create wealth. From hunter-gatherer societies, humans transitioned into the era of the industrial revolution. During this period, agrarian-based rural societies in Europe and America became predominantly industrial and urban. This result ed in the progression and adoption of new manufacturing processes in the 18th and 19th centuriesRead MoreThe Rise Of Digital Technology1635 Words   |  7 PagesIn a new era where digital technology is popularized by the new generation, education model is also affected by technology. Today’s educational model is composed by diversity, that is, â€Å"one-size-fits-in model† is not suitable for all students. More and more people begin to focus on how to improve the old, standardized education since it becomes clear that students’ interests are limited by the â€Å"assembly-line model†. Cathy Davidson in â€Å"Project Classroom Makeover† discusses that our education is remainedRead MoreHistorical Development of Nursing1413 Words   |  6 Pagesincludes the promotion of health, prevention of disease, and the care of ill, disabled and dying people. Advocacy, promotion of a safe environment, research, participation in shaping health policy and in pati ent and health systems management, and education are also key nursing roles† (International Council of Nurses, 2014). Florence Nightingale is considered to be the most influential person in nursing. Not only did Nightingale played an essential role in reforming nursing at the time but also laidRead MoreTechnology Has Changed The Way We Learn Essay1559 Words   |  7 PagesTechnology has indeed changed the way we learn. I was observing some kids doing their school work and I noticed that all of them had computers, laptops, tablets, or another kind of technology device with them. It made me think back on my elementary, middle, and high school days. I remember growing up without as much technology available as today, so most of the papers were hand written, I had to spend days at the library looking for the right sources, reading newspaper, magazines and books to find

Starbucks Marketing mix Free Essays

Below is a table for you to apply the elements of marketing mix (7Ps) to your selected business organisation. Starbucks Product and service -Starbucks stores offer a choice of regular or decaffeinated coffee beverages, a special â€Å"coffee of the day,† and a broad selection of Italian-style espresso drinks. In addition, customers could choose from a wide selection of fresh-roasted whole-bean coffees. We will write a custom essay sample on Starbucks Marketing mix or any similar topic only for you Order Now When you walk into the Starbucks, you notice they are promoting specialty rinks or products within the store. For example they promote their new coffee by giving free samples to their customers and that maximise the publicity of the product and generate revenue for the business. Packaging Creative and innovative packaging is what Starbucks does so that they can be seen and get noticed in the crowded market of coffee. For Example they redesign the packaging of their coffee to recreate the shopping experience and quickly identify the coffee by roast. The new packaging of their coffee gets the attention of new ustomers because customers can choose what kind of coffee you want Just by looking at the package (different colour, message). Price -Price and pricing is one of the most important elements of the marketing mix, as it is the only mix, which generates a turnover for the organisation/business. In July 2013 Starbucks decided to raise the price of their beverage by 1%, they claim that the price increase is due to rising labour and non-coffee commodity costs. Starbucks raise prices to maximize profits from these price insensitive customers who now depend n their strong gourmet coffee. Rather than trying to compete with cheaper chains like Dunkin, Starbucks uses price hikes to separate itself from the pack and reinforce the premium image of their brand and products. Place -Starbucks takes a thoughtful and strategic approach when choosing their store locations, carefully considering many factors including community demand. We are always looking for great locations to both better meet the needs of our current customers and to reach new ones. They did research on different areas before utting a store there, based on things like demand, traffic and parking, they may conclude multiple stores will serve customers better. People The baristas (employees) are the foundation of Starbucks. â€Å"When it comes to providing Starbucks customers an exceptional experience, our baristas are as important as the quality of the coffee that we serve†. http://www. starbucks. com/ Baristas really are the face of Starbucks. They are an important part of their customers’ day, and experts in handcrafting delicious, perfect beverages. Connecting nd creating the moments that make a difference in each person’s day. Processes Starbucks uses coffee from different origin. I will choose one of them and describe the process from the supplier to the customer. Decided to take a look at the Ethiopian coffee, as his name says it came from Ethiopia, it is a medium-bodied coffee who offers soft, velvety notes of dark chocolate, subtle hints of peppery spice, and sweet, mandarin-like citrus for a balanced and approachable taste in the cup. From Ethiopia to the Starbucks manufacturer where the coffee is roasted packages and directly end to their stores where the coffee is available for customers. Physical evidence Starbucks provides information on its products, business partnerships, and career opportunities on its website. The famous Starbucks Logo (which is green and features a partially nude siren) has stayed largely unchanged since its origin, However it has been altered to adjust to international sensibilities. Starbucks uses white cups with their green logo on it, it comes with different sizes. It was specially design to resist heat, mainly because they serve hot beverage. It also comes with a lids. Branding The Starbucks brand has amazingly been able to create a reputation for itself as a very hip and mainstream coffee hub. People of all ages, including adults and young teens, are flocking to this coffee franchise to enjoy all the different caffeinated and specialized drinks it has to offer. Over the years, the Starbucks brand has cleverly re- branded its products and coffee cups in order to cater for a more modern generation and the company has benefit from it as a result. How to cite Starbucks Marketing mix, Papers

Types of Budget free essay sample

This trend continued till the finance budget 1985-86. The change in the approach began with Mr. Manmohan Singh who served as the Union Finance Minister under the leadership of Mr. P. V. Narsimha Rao. Mr. Singh was instrumental in headstarting the new phase of economic liberalization. He reduced the control of Government over public sector units through disinvestment. The liberalization process which he started years back is still followed and is seen in interim budget and Indian  budget  announcements  every year. This year also live union budget 2011 will be announced by Pranab Mukherjee. Facts Bite * First Finance Minister: Shanmugham Chetty * Number of Finance Minister Since Independence: 28 * Maximum Number of Budgets Presented by: Morarji Desai * Economic Liberalization Started by: Mr. Manmohan Singh ( Finance Minister 1991) * Current Finance Minister: Mr. P. Chidambaram Explain the different types of budgets in detail, with the help of suitable examples. In every business planning is the most important function to perform. Planning of different firms depends upon so many factors. Planning is done for comparing the actual performance with standard performance. Budgets are also prepared in advance. Budgets are prepared to check the availability of finance according to the demand of project. So budgetary control is also essential tool of management to control cost and maximizes profits. Meaning of budget: A budget is a detail plan of operations for a specific period of time. In the present era everyone is with the term budget because it essential in life. A budget is prepared for the effective utilization of resources, which will help in achieving the set objectives. Budgets are also very important in individual life, as it is important in business firms. The following are the essential of budget: (a) It is prepared in advance and is based on future plan of action. (b) It relates to a future period and is based on objectives to be attained. (c) It is a statement expressed in monetary or physical unit prepared for the formulation of policy. Types of budgets. 1. Functional basis of budgets. a. Sales budget: Sales budget is the primary budget. It is the most important budget to prepare and the other budgets are prepared on the basis of sales budget. In this budget the in charge or expert forecast the future expected sales of the firm. The sales manager is responsible for the accuracy of the budget. The sales budgets may prepare on basis of product, type of customers, salesman, locality etc. for the preparation of sales budget the following things should be take under care like past sales, sales man estimates, plant capacity, raw material, orders in hand, seasonal fluctuations, competition etc. USES: Sales budget is the most important budget while making the overall budget for the organization for a fiscal year. It is important in this sense that how would anybody make fiscal budget for organization if he dont know about how much to sale or what are the organizations sale would be. If you know the sales volume of units of product you want to sale in a fiscal year then you will make production budget according to that sales requirement in mind you will have production information in mind you will purchase raw material, hire labour according to requirements. So if you dont know about how much you want to sale then how would you budget other things and how would you compare your performance at the end of fiscal year. . Production budget: After preparing sales budget the next budget will be production budget. In this budget works manager prepare schedule of production by breaking large production in small units to fulfill the target production. A properly operated budgets leads to inventory control, improved maintenance of production schedules and production targets. Suppose, if the estimated op ening stock is 5000 units and estimated sales are 25000 units and closing stock of the product is 3000 units the estimated production will be 25000 + 3000 – 5000 =23000 units (sales + closing stock – opening stock). USES: A production budget is an accounting procedure used to both record and propose manufacturing supply expenses. Keeping an organized production budget ensures that the supply of raw materials to the production line continues uninterrupted and meets consumer demand. Maintaining a detailed post-purchasing production budget also helps to account for material losses due to shrinkage. b. Material budget: In the production budget material is the first requirement to be considered. Materials are basically divided into two categories as direct and indirect material. It includes the preparation of estimates of different types of the raw material needed for various products and purchasing raw material in required number at a required time. There are few factors which should be taken under care like requirement of raw material; company’s stocking policies, price trend, and cost of raw material. USES: Schedule showing how much material will be required for production and how much material must be bought to meet this production requirement. The purchase depends on both expected usage of materials and inventory levels. For example, assume expected production of 790 units, 3 lbs. of material needed per unit, desired ending inventory of material 216 lbs. , beginning inventory of material 237 lbs. , and unit cost per lb. of $2. Then lbs. of material to be purchased and purchase cost follow: Labour budget: labour is an important factor in every production organization. Labour plays an important role in converting raw material into finished product. The labour requirement budgets prepared on basis of production budget. Labour may be of two types direct and indirect labour. In this budget company has to budget the required number of hours and the expected pay scales of the employees. This budget gives information about personnel specifications for the job for which workers are to be recruited, the degree of skill and experience required and rates of pay. USES: The direct labor budget is typically presented in either a monthly or quarterly format. The basic calculation used by the direct labor budget is to import the number of units of production from the production budget, and to multiply this by the standard number of labor hours for each unit. This yields a subtotal of the direct labor hours needed to meet the production target. You can also add more hours to account for production inefficiencies, which increases the amount of direct labor hours. Then multiply the total number of direct labor hours by the fully  burdened  direct labor cost per hour, to arrive at the total cost of direct labor. e. Manufacturing Overhead budgets: this budget gives the works overhead expenses to be incurred in a budget period to achieve the production target. The cost of indirect material, indirect labour etc can be calculated with the help of this budget. For making proper control it can be divided into departmental overhead budget. Variable expenses are estimated on the basis of the budgeted output because these expenses are bound to change with the change in output. USES: The manufacturing overhead budget show the expected manufacturing over head costs for the budget period. The budget distinguishes between variable and fixed overhead costs. Companies fluctuate with production volume on the basis of the following rates per direct labor hour: indirect materials $1. 00, indirect labor $1. 0, utilities $0. 40, and maintenance $0. 20. Thus, for 6,200 direct labor hours budgeted indirect materials are $6,200 (6,200 x $1), and budgeted indirect labor is $8,680 (6,200 x $1. 40). The company recognizes that some maintenance is fixed. The amounts reported for fixed cost are assumed. f. Administration Expenses budget: The budget covers the expenses incurred in framing policies, directing the organization and controlling the business operation s. In budget an estimate of expenses is prepared regarding central office and of management salaries. The budget may be prepared at department level for effectiveness in budgeting system. The budget can be prepared with the past experience and anticipated changes. USES: The selling and administrative expense budget is comprised of the budgets of all non-manufacturing departments, such as the sales, marketing, accounting, engineering, and facilities departments. In aggregate, this budget can rival the size of the  production budget, and so is worthy of considerable attention. The selling and administrative expense budget is typically presented in either a monthly or quarterly format. It may also be split up into segments for a separate sales and marketing budget and a separate administration budget. G. Selling and Distribution budgets: This expense is related to the selling and distribution of material. In this budget experts have to plan for the expected selling and distribution expenses of the firm. Certain items of selling and distribution costs as cost of transportation, salesman salaries etc. USES: The selling and administrative expense budget is comprised of the budgets of all non-manufacturing departments, such as the sales, marketing, accounting, engineering, and facilities departments. In aggregate, this budget can rival the size of the  production budget, and so is worthy of considerable attention. The selling and administrative expense budget is typically presented in either a monthly or quarterly format. It may also be split up into segments for a separate sales and marketing budget and a separate administration budget. h. Cash budget: this budget is prepared to predict the inflow and outflow of cash during the budget period. In cash receipt we consider cash sales, credit collection and other receipts in cash payments we consider cash payments, tax payable, dividend payable etc. Without cash organizations cannot work so prediction about cash is very important. A cash budget makes provision for a minimum cash balance which will be available at all times. USES: After a company has prepared its operating budget, it will often draw up a separate cash budget as a means of tracking income and cash expenditures throughout the year. Such a budget has a number of practical uses, all of which center around being able to accurately predict when the company will be flush and when cash flow may be restricted. 2. On the basis of flexibility a. Fixed budget: This is the rigid budget and it is drawn on the assumption that there will be no change in the budgeted time period. A fixed budget will be helpful only when actual level of activity is equal to budgeted level of activities. According to charted institute of management accountants. † A fixed budget is defined as a budget designed to remain unchanged irrespective of activity actually attained. b. Flexible budget: It is also called as variable budget. A flexible budget gives different budgeted costs for different budgeted costs for different levels of activities. This budget is applicable in where activity levels vary from period to period. Where the business is new and it is difficult to predict. Where industry is influenced by change in fashion. Where there are changes in sales. 3. On the basis of period: a. Long time budgets: long-term budgets are prepared for those organizations, which deal in regular product line. Here organizations are not suppose to change their proceedings in short time periods. b. Short time budgets: Short-term budgets are prepared for small time periods which work for seasonal product line. Here products may change in near future.