...Even in a world of trying to make men and women equal. That is definitely still not the case. Research shows that although women can do all of the same jobs that men can do, women are still paid less than a man even if it is for the same job. There are speculations on why women make less money, some say it is because men are the providers for their family, or because many women don’t work full time because they have a family to take care of at home. There is also other research about racial discrimination playing a role in the pay gap as well. Every state is a little different and has developed a little bit differently. Some states still have racial problems, some still believe that it is a man’s job to bring home the money to support a household and some do feel that men and women are close to being equal. With that being said every state has a different pay gap between men and women. “The best place in the United States for pay equity is Washington, D.C., where women were paid 91 percent of what men were paid in 2013. At the other end of the spectrum is Louisiana, the worst state in the country for pay equity, where women were paid just 66 percent of what men were paid.” (Hill, 2015) This shows how the wage gap varies, and even though in Washington D.C. women make 91 cent to every dollar that a man makes that still adds up to quite a bit of money over a lifetime. “Over a 40-year working career, the average woman loses $431,000 as the result of the wage gap.” (Glynn, 2012)...
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...scenarios to help TFC move forward and establish itself as a big competitor in the market. Scenario 1 Involves focusing on all women ages 18-35. Would be required to serve ‘Fashionistas’, ‘Planners & Shoppers’ and ‘Situationalists’. Pros – By Targeting women aged 18-35, TFC are serving a highly valued customer audience and it is reaching a larger audience. TFC would receive a ratings boost of 20 percent from 1.0 to 1.2. This is important because without maintaining the current audience ratings it could risk losing its distribution support. Cons – Ad sales drop by 10 per cent of CPM (cost per thousand) to $1.80. This will decrease TFC’s total ad revenue per year. By focusing only on women aged 18-35, Wheeler is taking a very broad marketing segment approach because this demographic fits into all segments. If she was to choose this scenario she would be choosing a Breadth strategy by trying to reach multiple segments (Iacobucci, p.g 38, 2013). This strategy could prove detrimental to the firm because by doing so she is mass marketing and customer satisfaction, as a result, is often low. The Net Income of this scenario is $94 mill which would be more than the 2006 NI of $93 mill. However, scenario 1 is associated with more expenses...
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...with the use of the one cent coin, the penny. A small value coin almost worthless to the world of goods, but rings up a price when producing one. It costs twice as much as itself to make, and four billion of them are created a year. The US government dances around this problem and should have eliminate them back in 2006 when people were melting the copper and selling it for profit. This paper states several topics of why the penny only causes harm to US citizens and the economy. The obvious solution to fix a problem like this, simply abolish the penny as US currency, and round all cash transactions to the nearest fifth cent. Death of the Penny: The Elimination of America’s One Cent Coin and its Impact on The United States Economy “I will seriously consider eliminating the penny as long as we find another place for Lincoln to land,” the support of abolishing the penny from the most powerful man in America; President, Barack Obama. For over a hundred years people have paid for everyday goods with change, or coins. As inflation in the America rises, the value of coins diminishes. (Inflation Figures). Take the penny for example; commonly known as the copper coin has hardly any copper to it. Created with ninety-seven percent zinc and only two and a half percent copper, the penny doesn’t truly stand up to its expectations. Based on the 2011 Annual Report for US Mints, the cost to make a single penny runs around 2.41 cents. Studies have shown...
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...Unemployment?” by Milton Friedman Stanford Graduate School of Business Bulletin 35, Spring 1967, pp. 10-13, 40, 42 © The Board of Overseers of the Leland Stanford Junior University We have been told repeatedly that, if we are to have full employment, the price we must pay is some inflation. On the other hand, we are told that the goal of price stability should be put above the goal of full employment. In a way the view that we must choose between unemployment and inflation, or between price stability and full employment, is something of a modern version of Karl Marx’s view about the reserve army of the unemployed. In his development, Marx believed that capitalism would always need to keep a large reserve army of the unemployed to keep the proletarians in their places. The modern version of that doctrine says that only a reserve army of unemployed will prevent workers and laborers, whether organized in unions or not, from pushing for ever higher wages. The widely expressed argument insists that if you seek to expand aggregate demand through the kind of governmental measures envisaged in the Full Employment Act, if you seek to expand aggregate demand beyond that point at which enough unemployment will keep workers from trying to get ever higher wages, if you try to push it beyond that point, you can reduce unemployment. But, the argument goes, the reduction of unemployment is possible only by paying the price of inflation. What you must do, the argument continues, is to push until you...
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...laws, and have these "child labor shops" be inspected more thoroughly. “Child Labor and Sweatshops” says, “a subcontracting system in which the middlemen earned their profit from the margin between the amount they received for a contract and the amount they paid workers,” according to UNITE. “This margin was said to be 'sweated' from the workers because they received minimal wages for excessive hours worked under unsanitary conditions.” That is the reason why they are called sweatshops. This also shows another reason on how employers do not follow the laws, they basically pay workers minimum wages, and then keep the rest. The article “Child Labor and Sweatshops” also says, "Millions of children work as bonded laborers, defined by the ILO as forced labor in payment for the debts of the child's parents or work offered under a false pretext from which children are not allowed to leave." Some children even work to pay off their parents debts, but some people were desperate for jobs, which could lead to...
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...Why is the FCC trying to enforce net neutrality? So lately social media has been a buzz because of the fact that people including myself found out that you may have to pay to use certain aspects of the internet. I believe there is no point because that's just taking away so many opportunities for everybody everybody might not have the money to pay for certain things and you have to pay monthly to use the internet on top of that have to pay to use the internet from your internet provider to keep the internet on which is to much money in my opinion. If the FCC gets approved and then we pretty much are going back to the stone age. I’m still try to figure out what was the purpose of making people pay for internet, some people don’t even like paying...
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...You wouldn't steal a car... but a movie? Most of us seem fine with that. As we look down the barrel of a copyright crackdown, with cabinet meeting about several legislative changes on Tuesday, many might be unaware of the fact that it isn't actually a crime to download movies and TV shows without permission or payment in Australia. Peter Capaldi and Jenna Coleman in Doctor Who, which is freely available and delivered at the same time globally, but still 13,000 Australians tried to access before its release. Peter Capaldi and Jenna Coleman in Doctor Who, which is freely available and delivered at the same time globally, but still 13,000 Australians tried to access before its release. It may not be ethical and downloaders might be sued for copyright infringement, but there are no laws that criminalise Australians downloading and watching content for their own individual use. "It's not illegal," Electronic Frontiers Alliance executive officer Jon Lawrence told Fairfax Media. "Downloading something like Game of Thrones without paying for it is a breach of copyright but if you're not doing it on a commercial scale, it's simply a civil issue and it's the copyright owner's problem if they want to come after you." Words such as "stolen" and "theft" are often bandied about in movie torrenting conversations. At the Village Roadshow annual general meeting in August this year, chairman Robert Kirby labelled it exactly that. "Plain and simple, it is theft. No one would go into a...
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...Many women’s rights groups have fought for equality to make great leaps but the equality is still not quite there. Women can hold the same position that a man does but will statistically make less money. Objectification is another large sexist issue that some women deal with on a day to day basis. Women are treated differently based solely on their sex and the way that they look. Harassment from focusing on women’s bodies and unnecessary commentary that follows can be a daily struggle for some women. There is a large amount of domestic violence that takes place in the United States. A large portion of women have physical interaction that is unwanted whether it is sexual or some form of abuse. The amount of rape and abuse is incredibly high in the United States. Some girls must fear for their well-being the second that they walk out of the safety of their...
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...to get through the time crunch, experts say — but it’s unlikely any of them will want to stop doing business with the world’s biggest mass merchant. Wal-Mart Stores Inc., the parent company of retail chain Walmart Canada, announced the measures in June and a report last week suggested some U.S. suppliers would seek legal recourse against what they deem to be unfair measures by the retailer. Wal-Mart told 10,000 suppliers to its U.S. stores about the fees and other changes to vendor agreements in mid-June, according to a Bloomberg report. The changes included asking the vendors for fees to use its distribution centres, warehouses and to secure shelf space in new stores and, in some cases, extended the amount of time Wal-Mart would have to pay suppliers. It isn’t going to always be easy for our suppliers. Change isn’t easy Several vendors are hiring lawyers in a bid to reverse or amend the terms, Bloomberg News reported, and some hope to use...
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...impact of daily settlement is taken into account, which trader does better? Answer: When we ignore daily settlement each trade receives a total profit of $30,000. When the impact of daily settlement is taken into account trader B would in theory do better because he entered into a forward contract instead of a futures contract like investor B. Futures contracts are subject to margin calls, so in the first two months when the exchange declined sharply investor B would have received a margin call and had to put in more capital to keep his position. 2. The current price of a stock is $94, and three-month call options with a strike price of $95 currently sell for $4.70. An investor who feels that the price of the stock will increase is trying to decide between buying 100 shares and buying 2,000 call options (20 contracts). Both strategies involve an investment of $9,400. What advice would you give? How high does the stock price have to rise for the options strategy to be profitable? Answer: The stock price would need to rise $5.71 to $99.71 per share in order for the options strategy to be profitable, and at that stock price the options strategy would only receive a 0.01 profit per option. My advice on this decision would be to invest in the 100 shares of stock instead of the options strategy. Investing in the options strategy can yield more profit than in shares of stock but the stock price must increase a lot for this to happen. To be specific, the stock price has to increase...
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...I SWOTt Form Name of Organization____State Farm___________________ |Strengths |Opportunities | |Organization is well known for their advertising efforts. including |Their ability to draw new customers and do successfully in order to | |strong distribution network and financial strength rankings; |increase their profits , including leverage strong brand name, expense| | |management and growing small business insurance | | | | |Weaknesses |Threats and Trends | |The company is known for their expensive prices that seem drastic in |Competitors are getting smart and learning the trends of the | |comparison to other organizations including declining net worth and |organization including increasing rates affect new business and new | |underwriting losses; |laws and regulations. | | | ...
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...was drastically overvalued. And he called on those who benefited to step up and guarantee customers the money they are owed for deposits, gift cards and undelivered goods. “They most certainly should be refunded,” Mr Smith told news.com.au. “Some of the people who made a fortune out of the recent float, they should pay back those people who’ve put down deposits. “The company could not possibly afford to be that indebted, or have that value on the market.” Anchorage bought Dick Smith Electronics from Woolworths for $94 million in 2012, then floated it for $520 million just 15 months later. With the troubled retailer now in administration, customers left out of pocket by Dick Smith’s meltdown have been lumped together with all its other unsecured creditors. This means they are unlikely to recoup the full amount of what’s owed to them. Dick Smith’s bankers have appointed Ferrier Hodgson as receiver, which plans to put the business on the market. In a blow to customers, Ferrier Hodgson this morning released a statement confirming that it would not honour outstanding gift vouchers or refund deposits paid for goods. But the firm said it would continue to pay Dick Smith’s 3300 employees and keep the chain’s 393 stores running during the restructure. Mr Smith — who founded the business with just $610 — has not been involved in the running of Dick Smith since he sold it to Woolworths in 1982, but remains emotionally invested in his retail namesake. “I am proud it’s gone...
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...WHY SHOULD THE ABSENT PARENT PAY CHILD SUPPORT?? Shakira Gibson Week 10 Mrs. Fergie Tuesday C Did you know that there is over $100 Billion in accumulated unpaid support owed to over 18 million children in the United States, according to the Federal Office of Child Support in the Preliminary Statistics in 2003 (streetdirectory.com, 1). Introducing my body paragraphs, I will be addressing why absent parents should pay child support, the effects of the children, and the struggles of a single parent. If the parent is present or not they should support their child/children. The government currently spends $500 million dollars per year chasing payments from absent parents, of whom 95 per cent are fathers (Rowena Mason, Telegraph July 13, 2012).If you are not taking the necessary precautions to prevent from bringing a child into the world, then by every means necessary you should help contribute to the care of that child. There is no excuse as to why you cannot get a job or a hustle to help out. I know that some people have ego's the size of a globe or their pride gets in the way of them getting a job at a restaurant, grocery store, mall and etc. However, when you bring a child into the world all of that should be put aside to help with the financial support of your child. The child did not ask to be here, you made the choice to bare responsibility for that child. If both parents are doing...
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...Economic report Economic data Economic environment | Inflation rate | Consumer Price Index (CPI) | GDP growth rate | Gross Domestic Product (GDP) | Interest rate | Unemployment rate | UK | 2.1% | 126.97 | 0.8% | 2.435 trillion USD | 0.5% | 7.6% | France | 0.7% | 127.46 | -0.1% | 2.613 trillion USD | 0.25% | 10.5% | Inflation Inflation is the overall rise in prices in the economy. For example, a 5 per cent inflation rate over the past 12 months means that the average increase in prices across the economy throughout the previous year was 5 per cent. In the UK, Inflation is measured by the variation in the Consumer price index (CPI). It’s a measure used to estimate the price change in a basket of goods/services consumed. Each month, around 12,000 prices of more than 600 goods/services are taken around the UK and from all different types of business (including online businesses) which sell the products to consumers. An average price for that month is worked out and then converted. The month’s statistics can then be compared to last month’s average price to calculate the percentage rise in prices over the period. Inflation can impact on businesses in the UK, because if inflation is high, businesses won’t be aware of what the prices will be in a couple of months’ time, let alone a couple of years. However, decisions have to be made which will affect the business in the long-term as it is creating uncertainty. Also if prices rise, consumers will be less willing to borrow money...
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...1904 as the Bank of Italy until the merger of NationsBank and BankAmerica in 1998. Although Bank of America has had its share of success and the privileged to hold the title of the “Bank of America”; this institution has become less popular with its customers and potential customers. Bank of America leads the big banks in fraud lawsuit settlements. The bank meant to be for the people is now being talked about as one of the nations most scrutinized banks and for good reason. Bank of America has been under speculation because there is a lot of money that has not been accounted for. For instance, they received a $15 billion bailout in 2008 and a $25 billion taxpayer bailout January 2009 but they still didn’t pay any taxes in 2009 or 2010. Also in 2011 they didn’t pay any Federal income tax and got almost $1 billion from taxpayers. Bank of America has one of the longest corporate rap sheets among Wall Street big banks over the past several years. This bank has billions of dollars to settle in lawsuits, which has caused it to become one of the main contributors to ensuing economic troubles. Bank of America has heavily blamed the economy for layoffs when they have contributed to the high unemployment rates, lying off approximately 30,000 employees. On the contrary, though they insist the high volume of layoffs is a product of the...
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