Harley Davidson Case Analysis

Case Analysis 2: Harley-davidson MKT 201:001 Long Island University Angel Pagan November 17, 2012 Case Analysis 2: Harley-Davidson This case focuses on the iconic motorcycle brand of Harley-Davidson. Harley-Davidson is an American motorcycle manufacturing company founded in Milwaukee, Wisconsin. Since Harley-Davidson was established in 1903, the manufacturer has experienced its ups and down. It especially encounters struggles like any other automobile industry during economic downturns. On the verge of bankruptcy around 1980, Harley-Davidson made a surprising comeback.This comeback was mainly a result of Harley-Davidson’s incorporation of customer services into its products, product differentiation through quality and design as well as focusing production on a consistently high level of quality. Today, the company’s annual worldwide sales total more than $4 billion worldwide and have an annual output of 200,000 motorcycles along 35 different models in seven product line s. With these results it is safe to say that Harley-Davidson dominates the U. S. motorcycle market and is also strong in Europe and Japan.Harley-Davidson does a very good job at differentiating its product. In fact, product differentiation is the main component of Harley-Davidson’s marketing strategy. They want to offer a motorcycle like no other motorcycle on the market at the highest quality. Harley-Davidson not only stresses its level of quality but its consistency of quality as well. Quality refers to the overall characteristic of a product that allows it to perform as expected in satisfying customer needs. Therefore quality can be used to differentiate products because not all products satisfy the needs of the consumer.Harley-Davidson offers many different lines of motorcycles including limited edition models as well as customization options. If the customer customizes the motorcycle then they should be getting exactly what they want at a high quality. Harley-Davidson em phasizes the consistency of quality as much as the level of quality because no matter how high the level of quality is, if it is not consistent then they will lose customers. For example, if you go to a restaurant that serves food the way you like it to be prepared only half of the time, it is likely that you will no longer go there.Then word spreads to others and they are less likely to go to that restaurant too. The same goes for Harley-Davidson. They want to ensure that every motorcycle has a high quality to keep the customers satisfied and bring forth even more customers. They also offer financing and insurance which helps differentiate them from competitors even more. Harley-Davidson believes that customer service is an important part of the product. They help differentiate their product by offering customers training, warrantees, guarantees, repairs and accessories.They want the customers to be comfortable with the employees and have a positive buying experience. Some dealers even take it a step further by offering a Rider’s Edge course. Since this course was offered at some dealerships, more than 150,000 people have graduated and earned a motorcycles license. This customer service section aims at the population of people who would like to buy a Harley-Davidson but do not know how to ride. They join these step-by-step courses with the employees and are on track to one day having their own Harley.They also offer a line of bikes for women and teach women how to ride bikes, pick them up, and assist them with any information they need in the buying process. They even have founded the Harley Owens Group in order to instill a sense of community amongst riders. There are over 1 million members. They have access to certain benefits, group rides, members only website, exclusive magazines, and a special customer service hotline. They even offer free tours at four of its factories, not to mention the museum.The Harley-Davidson museum is located in its headqu arters in Milwaukee, Wisconsin. The museum features exhibits from the company’s past products such as sample boats, bikes, snowmobiles and golf carts, to today’s models. They also highlight the company’s latest technologies, and inner workings of its new product development process. This museum may play a role in influencing how customers perceive the company and its products because they are able to see where the company has been, where they are, and where they want to be.It also gives the potential customers a chance to experience what it would be like to be a Harley-Davidson owner. They even offer a virtual ride bike so that people can almost get a first hand glance at what it is like to own a bike. Harley-Davidson has a very wide marketing mix. They have bikes that attract people of different sizes, styles, age, and gender. They offer a very good bike at a price of $6,999 for beginners. They offer a line exclusively for women with smaller bikes and a wide va riety of customizing products. They aim at creating a sense of individuality and freedom for the riders.As a rider gets more experienced they can trade their bike in for a more advanced one if they feel it is necessary. They also offer different styles of bikes for those who are experienced. They range from cruisers to choppers to sports bikes. In total there are seven product lines with 35 different models. Therefore the product depth is 7 and its length is 35. Below is a list going into greater detail about the marketing mix. If I had to invent a brand name for a line of luxury motorcycles I would call it the American Eagle.This brand name would especially appeal to the American market but would also be appealing worldwide. It implies a high American quality, which is luxurious and valuable and is consistent with the American lifestyle. Product †¢ The major product is heavy weight motorcycle of 750 cc for working out on heavy roads. †¢ A number of brands have been introd uced in its century of age, and each one was very integrated, well equipped and up to date with respect to technological advancements (Johnstone, 1995). The hallmark productions of the company assisted it to acquire eagle mark for itself. †¢ An excellent customer service is provided in case of any ambiguity, and customers are thoroughly guided for the upcoming brands. †¢ Deals in branded motor bikes and other limited sector of open market. †¢ Also deal in used bikes, there usable parts being repaired and introduced in the market at lower price range †¢ Spare part market has also got their name at the top of the list. †¢ Twin Cam engine is its major innovatory product. †¢ They also offer services for repairing. Revolution engine is also introduced on their innovation lists. Price †¢ Their prices are mostly maintained around a certain figure. †¢ The major revenue sector is heavy bikes along with spare parts. †¢ The company has been in crisi s for few years as its market share dropped by 43 (%) percent. †¢ The company is planning to eliminate its employees in the coming year for maintaining the company’s financial position (Wilson, 1993). †¢ During the time of crisis the vehicle prices were suddenly increased but now it’s being hoped that they will be regulated. Place The company has acquired 358,000 square foot plant in Kansas City for the production of Dyna Glide, Sportster, and V-Rod models. †¢ For assisting Latin American expansion n Assemly plant is located in Brazil. By establishing manufacturing units, a vast production was achieved (Margie, 2009). †¢ Harley Davidson is also moving forward to export bikes in India as well to increase its production and export sector as well. †¢ Harley Davidson also caters the motor bikes export in most parts of the world but it is not that much economical because of high custom duty for heavy machinery.Promotion †¢ Different marketing p olicies are being applied for the promotion of the company. †¢ Lucky draws are timely introduced, while promoting its political frame. †¢ Certain free services are announced for showing goodwill gestures on the new motor bikes sale. †¢ Some times fares are also arranged for bulk sales, especially when there is low sale time. †¢ Very attractive commercials are placed on different channels. †¢ Most of the magazines in U. S promote the company by its good coverage. References Pride, W. M.. , & Ferrell, O.C. , (2012). Foundations of Marketing. Pg. 77. Australia Mason, OH: South-Western, Cengage Learning (2012, ). H-D1â„ ¢ Customization | Custom Motorcycles | Harley-Davidson USA. Retrieved. November 17, 2012, from http://www. harley-davidson. com/en_US/Content/Pages/H-D1_Customization/h-d1_cu stomization. html? locale=en_US&bmLocale=en_US (2011, March 8). Harley Davidson Marketing Mix | Marketing Mixx. Retrieved November 17, 2012, from http://marketingmixx. co m/marketing-basics/marketing-mix/159-harley-davidson-marketing-mix. html

Creative Song Assignment Essay

The Creative Song Assignment was an interesting assignment, because I have zero experience in mixing music. It was an interesting experience, because it did take me out of my comfort zone. When I first started, I felt lost. I had no idea what I was doing, so I decided to do a little research to see how I can best complete this assignment. I finally settled on using a program called Audacity and the genres of hip hop and alternative rock. I chose a program called audacity, because it gives you an option of mixing different songs. I am sure that there are a lot of other programs better suited for this assignment, but I found this to be pretty easy to use. I really enjoyed playing around with the different settings. It took me a couple of days before I finally picked two songs to work on. I am sure that there are many more experienced people out there that can mix my songs better than me, but I think I did a good job considering my experience level. I decide to pick hip hop and alternative rock, because they are two of my favorite genres. I know that hip hop and alternative rock have been mixed before, so I felt an intrigue in trying to accomplish this myself. I knew that I wanted to use Radiohead’s Karma Police as my alternative, because that is one of my favorite songs. I had a difficult time picking a rap song, because the lyrics did not match up well together. I finally decided to just use a hip hop beat that I found on soundcloud. In my opinion, I felt that this was best, because you can hear the lyrics of the alternative song, but still hear the hip hop beat. The part that took me a while was trying to get the songs in sync perfectly. I really wanted to find a way to lower the alternative rock song’s instrumentals, but I could not do it. I think it would have sounded better if I could mix the hip hop beat with the Karma Police vocals. I am sure it could probably be done with professional mixing equipment.

Task of a group leader Essay Example | Topics and Well Written Essays - 500 words

Task of a group leader - Essay Example in accomplishing its objectives by correctly diagnosing how well the group is functioning as a problem solving or decision making entity and to as well intervening to alter the groups’ operating behaviour. Ideal leadership implies a forward motion of an organisation in the positive direction. The critical capabilities of an ideal leader include; having a vision, values that constitute his or her philosophy, wisdom and courage that compose the leader’s personal composition and as well should have the trust and voice that enable them to influence others. Some vital leadership conditions that are necessary for the ideal leadership capacities include a place where the leader can hold sway, a period that calls for their leadership, a position that conveys leadership authority and a people who are ready for leadership. It is important to note that failure in leadership is related to unfavourable conditions or inadequate capital. Ideal leadership implies a forward motion of an organisation in the positive direction. Confrontation in the course of operation is at times necessary and forms an appropriate administrative technique to ensure the safe and efficient operation of any department or group. Administrative confrontation refers to the encounter where the group leader encourages the members to acknowledge something that is painful or objectionable and if and when used appropriately, it is a powerful tool in facilitating the resolution of problematic behaviours. Confrontation must be mastered over time through careful attention to person-centred techniques and strategies. For example, the need for direct engagement and correction must be balanced with the support and consideration for how it will affect feelings and what it will do to the relationship between the leader and the member. The most effective confrontation strategy is the direct, assertive, angry confrontation where if something gets one angry, they first have to identify the exact cause of the anger,

Assignment on Project management Essay Example | Topics and Well Written Essays - 1250 words

Assignment on Project management - Essay Example At the same time production and sales team should try to reduce production, marketing and sales cost. In order to reduce Cost, Company can try for new techniques for marketing as well as sales, but while doing so customer reaction to these changes should not be ignored. If any changes are done without analyzing market reaction it may result in crisis. â€Å"Gourmet Direct is a web-based New Zealand company delivering high quality gourmet products to the food industry and the public. The company experienced a crisis of customer confidence and loss of business when it attempted to rationalize its product lines by changing from a pick and mix ordering system to having only a set number of packs available for sale. This change was designed to achieve cost savings through a reduced inventory and reduced distribution expenses, but had a further consequence of reducing product availability and ordering flexibility for customers. Customers immediately expressed their displeasure, and the company’s sales plunged dramatically in the year that the decision was implemented. With the bulk of the companys sales usually occurring over the Christmas period, December sales almost halved. The following first quarter sales dropped an alarming 76% compared to the same period in the previous year† In this case company changed its sales policies from a pick and mix ordering system to having only a set number of packs available for sale in order to reduce inventory and distribution expenses, But due to this changes customers found less options for selection and faced lack of availability of product. This was the actual reason for customer dislikes and they stopped buying, which finally resulted in reduced sales on company side. Clearly this is mistake from company’s side. Company should not have implemented changes suddenly all over market at the same time.

WAS BARRY GOLDWATER MISREPRESENTED BY THE MEDIA Research Paper

WAS BARRY GOLDWATER MISREPRESENTED BY THE MEDIA - Research Paper Example Media uses this phenomenon and controls us in many ways, as to how we remember events and people, thus effectively shaping our opinions. The power of media to shape opinions has always been lucrative to politicians. Consequently what the media shows us may not be the reality as portrayals and images sometimes lie in the category of paid-content, which is of course unreliable. Great leaders and politicians have always been a target for the media’s strident and harsh remarks. Barry Goldwater, â€Å"a five-term U.S. senator from Arizona and a champion of conservatism whose 1964 presidential candidacy who launched a revolution within the Republican Party† (Barnes, â€Å"Barry Goldwater†), is one victim herein. During that era he was also known as Mr. Conservative for his articulate, blunt and charismatic approach in political dealings. Politicians and leaders all over the globe still admire him for his values and have set him as a benchmark for themselves. This resea rch paper aims to briefly show how and why the media misinterpreted Barry Goldwater. Liberals during the 60’s had left no stone unturned to term Barry Goldwater as a racist and to tarnish his image in public but Goldwater stood as a man of principle and courage. He fought back to each and every allegation that was pointed towards him. It might be not be an overstatement to suggest that he had more enemies than friends but despite this fact, his political career had always been applauded. And even at this present day, it remains as interesting as it was back in the 60’s. To begin with, the first thing that needs discussion is his presidential elections in 1964 in which he had to face a crushing defeat by 16 million votes from Lyndon B. Johnson. Many factors contributed towards this but the most important of all was the misrepresentation of Barry Goldwater’s persona by the liberals. Moreover, the assassination of John F. Kennedy also contributed to his defeat, as it was discovered that he has been shot dead by someone with a Goldwater sticker on his forehead. So heartbroken was Goldwater at that time that he gave out a blunt statement, which further added to his criticism, i.e. â€Å"This is a great country, where anybody can grow up to be president...except me† (â€Å"Barry Goldwater†). Liberals were the actual culprits who misinterpreted him through media but in actuality, he was a staunch conservative with strong and practical thoughts, which if implemented, could have out casted the liberals. In the presidential elections of 1964 he was stereotyped as a nuclear war monger by the media. This was reinforced again and again by airing a television ad where a child was shown picking daisies counting down each petal till it reached one and then an atomic bomb exploding into a mushroom cloud with an announcer announcing in the background that these are the stakes so better vote for Johnson. By using tactics such as these, Goldwate r was highly misrepresented. Initially the liberals termed him as a racist because they said that he was a segregationist who would not allow equality and would not give an equal standing to every individual in the country. It all began when he insisted that he would vote for the approval of 1964 civil rights act if and only if section 2 on equal employment opportunity was removed. From then onwards, started a battle of allegations and misperceptions. People started calling him racist. They were aware

Evaluation and Control on Network Acquisition Essay

Evaluation and Control on Network Acquisition - Essay Example process, the results of which are brought together into a status report, forwarded to the authorities responsible for the cost, budget, and schedule of the project. Risk mitigation strategies are used to analyze and report unplanned changes. Without effective risk mitigation strategies, a project will collapse or will lead to unexpected results because of the unanticipated changes (Royer, 2001, p.77; Adam, 2007, p.140). To handle change control issues, I plan to rank risks according to priority. Each risk should be ranked according to significance and likelihood (Dorian, 2011, par.3). I plan to take into consideration these common mitigation strategies: avoidance, acceptance, transference, and control. I would apply effective controls over risks if they are worth taking and are a part of my core project. To handle change control issues, I will measure the impact of the change in terms of my project’s cost, resources and schedule. I will accept or reject the change after reviewing what will happen if I do not allow the change to occur. I will document the change and will update the project plan

Changing Hand Hygiene Behavior at the Point of Care to prevent the Dissertation

Changing Hand Hygiene Behavior at the Point of Care to prevent the spread of clostridium difficile utilizing CDC's WHO model f - Dissertation Example Nosocomial infections  are preventable through proper hand hygiene.   C. PICO question: For RN’s, LPN/LVN and NA  (nursing assistants) working on patient care  areas, will changing hand hygiene at the point  of care prevent the spread of C.difficile D. P=Population-RN’s, LPN/LVN and NA’s providing  primary patient care. E. Intervention: Scheduled educational classes  introducing CDC’s â€Å"WHO model for Hand Hygiene.   F. Comparison- Comparison: RN; LPN and NA  knowledge pre and post training. â€Å"A  comparison of pre and post-tests will be  conducted to determine the participant’s  understanding of the WHO model and the impact  of hand washing technique on the incidence of  Clostridium difficile.   G. O =Outcome-Nursing staff will demonstrate and  utilize CDC’s:†WHO Model for Hand Hygiene†Ã‚  thereby preventing the spread of Nosocomial  infections such as Clostridium difficile. III. Methods-    A. Sampling strategies (examples-search process,  databases accessed, year restrictions, types of  studies, key terms used in the search).   B. Data evaluation (criteria you considered when  deciding to utilize a piece of literature).   IV. Findings-   A. ... standards, lack of  published empirical studies on the topic,  rationale for using non-empirical studies,  lack of studies in nursing but did locate  studies in another discipline)   V. Discussion   A. What has been concluded from the findings   B. Advantages and disadvantages of findings   C. How the findings could be utilized in nursing  practice   VI. Conclusion- Hand washing (soap washing and water), contact precaution and meticulous environmental cleaning with an EPA-registered disinfectant are effective in preventing the spread of the organism. Abstract Background The World Alliance for Patient Safety launched by The WHO in 2004 advocates a â€Å"clean care is safer care† program, in which health care leaders sign a pledge to take specific steps to reduce hospital associated infections in their facilities. Hand hygiene is the first focus in this worldwide initiative. Recognizing a worldwide need to improve hand hygiene in healthcare facilities, the WH O produced Advance Draft, launched its â€Å"Guidelines on Hand Hygiene in Health Care† along with the â€Å"Implementation Toolkit† that have been available since 5 May 2009 on the occasion of the launch of the â€Å"Save Lives: Clean Your Hands† initiative. The WHO regards hand hygiene as an essential tool for the prevention of nosocomial infection, but compliance in clinical practice is often low. Methods Relevant scientific literature and international evidence-based recommendations (Meta Analysis Sources) were studied. Results Hand washing (soap washing and water), Hygienic hand disinfection, contact precaution and meticulous environmental cleaning with an EPA-registered disinfectant are effective in preventing the spread of the organism. Compliance can be improved by training, and by placing hand-rub dispensers at

How dialysis treatment for kidney failure relies on an understanding Essay

How dialysis treatment for kidney failure relies on an understanding of the principles of diffusion - Essay Example Maher states that an infection or physical injury to the kidneys can affect the dialyzing ability of the kidneys. A malfunction of the human kidneys can lead to the accumulation of poisonous molecules such as urea in blood (Maher, 1989). A toxic level of urea in blood is fatal. A dialyzing machine works like the kidneys. The difference between a dialysing machine and the human kidneys is the reverse dialysis, which returns small molecules like glucose to the body. The natural kidneys perform endocrine function, which is not possible in the dialysis machine (Maher, 1989). Chung Lee (2006) explains that dialysis is a short-term treatment option to sustain the lives of patients waiting for a kidney transplant. In 2006, research showed that in the globally there were over 1 million patients dependent on dialysis. In the United States 506,256, citizens were under dialysis treatment. In the United Kingdom data from the UK renal registry indicated that around 45, 484 adults were under dialysis treatment. There are two dialysis procedures available for patients experiencing renal problems: hemodialysis and peritoneal dialysis. Hemodialysis involves pumping the patient’s blood through an artificial dialysis membrane present in the dialysis machine. The waste products in the patient’s blood diffuse through the membrane to the dialysate. This movement occurs due to the presence of a concentration gradient between the two media. In peritoneal dialysis, the peritoneum in the abdominal cavity works as the dialysis membrane. The peritoneum has a dense capillary network, which makes it a suitable media for the dialysis procedure. The dialysate is pumped to the abdominal cavity via a catheter. In peritoneal dialysis, toxic substances diffuse to the dialysate through the blood capillaries semi permeable membrane (Maher, 1989). Cheng explains that a patient can self-administer peritoneal dialysis.

Thesis statement Essay Example | Topics and Well Written Essays - 250 words - 3

Thesis statement - Essay Example Some employees may require master’s degree in economics or management, knowledge of accounting. Good skills in the field of mathematics and statistics are essential to get the position of business operation manager. Furthermore, the program in administration and management includes leadership skills course. Advanced programs may be oriented on the work in one particular industry. If a specialist wants to have benefits in the labor market he/she may apply for the certification like Certified Manager. Such specialists are valued very high and usually get the desired positions. The work will investigate the field of operation management, the issues specialists face and the skills they should possess. The focus will be made on leadership skills and the skills of relationship building, which are very important in the field of professional management. It is necessary for business operation manager to know the consumer psychology and have good knowledge of organization

The Business Environment Essay Example for Free

The Business Environment Essay In this assignment, I am going to be exploring the purpose of Tesco and The British Heart Foundation. I will be looking into the influence of stakeholders and how the businesses organise themselves through strategic planning and organisational structures to achieve their purpose and aims. Tesco is an international Public Limited Company. Tesco has over 500,00 employees in 12 countries. Under the Tesco Group there are a number of sister companies such as Tesco Ireland, Tesco Poland and Tesco Lotus. In addition, Tesco offers other services such as Tesco Bank which is also a part of the organisation. [1] From my research, it states that Tesco is a part of the tertiary sector as it is retailing by selling a range of products from groceries to electronics. Tesco also offers services such as loans with Tesco Bank .In my opinion it’s also is a part of the secondary sector . For example, Tesco bakes fresh bread on site and then sells in its sorts so therefore it is a part of both of these sectors. Additionally Tesco has its own Mobile Network which offers Pay as you go and Pay Monthly options. You can also buy mobile devices such as the iPhone 5C. [2] The British Heart Foundation is a national Charity (Not-for-profit organisation) in the tertiary sector. TBHF has approximately 20,00 volunteers in its 765 stores in the UK. [3] Apart of these stores are volunteers but they also have paid managers and assistant managers. The stores rely on donations from the public to sell products in its shops. They have some specialised Furniture stores that solely sell furniture. They also sell a wide range of items in its standard stores for the home such as ornaments, kitchen goods and various other items. Tesco is a Public Limited Company. This means that the stakeholders will have limited liability to the company. Therefore this separates the stakeholder’s personal assets from Tesco. For example, if Tesco became into debt and was to close, the Chief Financial Officer Alan Stewards House and car wouldn’t be taken away to clear the debt as the company has limited liability. The success of Tesco depends on how much profit is made. This then reflects the dividends that the stakeholder receives. This would then affect the operations of the business. The British Heart Foundation is a Charity. This type of organisation has unlimited liability. As a trustee, director or officer, they are in a very vulnerable  position. These individuals are liable for the outcome of all decisions and actions of The British Heart Foundation. To protect these individuals there is an indemnity which insures them if they are deemed liable.[8] Even though it’s a not for profit organisation, if limited profit was made, it would affect their operations by the charity not being able to put money back into helping and researching for The British Heart Foundation. Tesco’s Aims and objectives; †¢Offering customers the best value for money and being competitive on prices †¢Meeting the needs of customers by constantly looking for, and acting on, their opinions regarding innovation, product quality, choice, store facilities and service †¢Providing shareholders with progressive returns on their investment improving profitability through investment in resourceful stores and distribution depots, in productivity improvements and in new technology †¢Developing the talents of its employees through sound management and training practices, while rewarding them fairly with equal opportunities for all †¢Working side by side with suppliers to build long term business relationships based on strict quality and price criteria †¢Participating in the national food industry policies on issues such as health, nutrition, hygiene, safety and animal welfare †¢Supporting the community and protecting the environment [4] The British Heart Foundations Aim Objectives; †¢To develop research into the causes of heart disease and improved methods of prevention, diagnosis and treatment. †¢To provide vital information to help people reduce their heart health risk. †¢To urge for government policies that minimise the risk of heart and circulatory disease. †¢To help achieve the highest possible standards of care and support for heart patients. †¢To reduce the inequalities in levels of heart disease across the UK. [5] Tesco has a number of stakeholders in the company. A stakeholder is someone that has an interest in the business. A stakeholder would be interested in how the business is run and the decisions the business makes. StakeholdersBritish Heart Foundation A customer would buy from The British Heart Foundation to buy goods at cheaper prices. Customers would also shop there to support The British Heart Foundation cause. Without customers going into the store to by the products, The British Heart Foundation would not be able to meet their main objectives of researching into the causes of heart disease and providing this vital information for people to reduce the risk of their heart health as they wouldn’t have the funds to meet these objectives. Tesco Customers An individual that buys goods or services from a business.A customer would shop at Tesco to seek products of a high standard for low , competitive prices. In addition, they would shop solely for the convenience of having all there buying needs in one place. Without customers , Tesco would not be able to sell their products or services so they would fail there objectives to offer a high quality service at competitive prices and offering their shareholders competitive returns. This would mean that without profit, they would fail to meet their objectives. Employees An individual that is employed by a business for a wage or salary to provide work in exchange.At The British Heart Foundation there are employees such as management that are paid for their work but also The British Heart Foundation have Volunteers that offer to work for free to help the cause. Normally volunteers are young people that are trying to gain work experience nevertheless there are people of various ages that work as volunteers to help the cause they are passionate about. These employees and volunteers are vital in the running The British Heart Foundation as without these people, they wouldn’t be able to run stores to retail in and therefore not be able to raise money to help the cause . So this would influence the completion of their aims and objectives of developing and researching.Tesco employees are vital to the company . They  help with Tesco’s high volume of customers and providing these customers with a quality service . Tesco values its employees and offers all kinds of benefits for working for the company such as a staff discount card, health care discounts and pension plans. [6]. Tesco would not be able to run without its employees as they wouldn’t to be able to sell or provide the services Tesco offers. In addition, without its employees , Tesco would fail to meets all of its aims and objectives as they wouldn’t be able to provide the service they do , they wouldn’t be able to offer value for money, Also they wouldn’t have any shareholders as without profit; nobody would invest and they wouldn’t be able to offer training to keep up these standards they wish to upkeep. Trade Union [7] A Trade Union is an organisation formed of workers in a trade or profession to help protect the rights of employees.A Trade Union can offer support to its members for employees and volunteers. It enables these individuals to be heard and not be treated unfairly within the work place. If there wasn’t access to trade unions then some people may be treated incorrectly in the work place so it would cause people to leave or may not even work or volunteer for The British Heart Foundation at all. Even though volunteers do not get paid, trade unions can make sure that volunteers are treated as any other member of staff so there is equality in the business working environment. By giving people that the safety net of a trade union, it encourages people to apart of the organisation because if there weren’t any employees then The British Heart Foundation would fail its aims and objectives. A Trade Union can offer support for Tesco’s employees .It enables these individuals to be heard and not be treated unfairly within the work place. If there wasn’t access to trade unions then some people may be treated incorrectly in the work place so it would cause people to leave or may not even work for Tesco. Tesco employees want a secure job with an opportunity for promotion. . By giving people that the safety net of a trade union, it encourages people to apart of the organisation because if there weren’t any employees then Tesco would fail its aims and objectives as they wouldn’t to be able to provide the services they do to make a profit. Suppliers A supplier is a party that supplies goods or servicesThe Items that are sold in The British Heart Foundation shops are supplied by the public through donations. People donate to the cause so The British Heart Foundation can re-sell those items to raise money for the cause. If people didn’t donate then The British Heart Foundation wouldn’t be able to raise money to fund to develop research on finding cures for heart related health issues and to inform people on these issues and prevent those individuals. Without the funding, they would fail their aims and objectives.Tesco has various supplies for its wide range of products and services. Generally Tesco has so many stores, it can buy products in bulk at very low prices per unit so they can sell to customers to make a profit. Without the suppliers of these products, they wouldn’t have a business platform or selling point. The suppliers have a somewhat control over Tesco as if they would to put their prices up then Tesco would have to reflect that in their final retail price but one of Tesco’s aims is to provide quality products at low prices. So Tesco has to closely negotiate and monitor its products to fulfil there aims and objectives. Owners An owners is an individual that owns a business. In a company it would be the shareholders. These are the people that have a financial interest in the company. Owners want to make as much profit as they can to increase the value of their business. Employer Associations An employer association is someone what a trade union to the employers. This association has the employer’s best interests at heart. Local And National Communities The Local and national communities have a big impact on organisations. The Local people will be the people who make or break a business as some of which will be their target market. Government The government wants businesses to be successful so they will be applicable to pay tax. They also want to create jobs so people don’t go into the benefit system. Evaluation I am going to evaluate the influence that stakeholders exert on Tesco. Customers Customers have a major influence on Tesco. Customers are the source of profit from buying products and services. Even though a customer may seem loyal to Tesco, they are seeking the best bargain in the market. For these customers to remain loyal, Tesco must monitor their prices constantly and be fully aware of their competition. For Tesco to survive in the market, they focus on loyalty and somewhat depend on loyal customers. Tesco offers customers various promotions like buy one get one free and other promotions. They also offer the club card which is a loyalty card which they can receive discounts and collect points to spend in store. Tesco is a great example of relationship marketing at its finest and have flourished unlike other companies which have failed. Due to people being tight on money, there is a huge demand for cheaper products so Tesco will try to be the cheapest in all of its stores and if it is cheaper than another competitor such as Sainsbury’s, then it will encourage customers to shop with them. [9] Employees [10} Employees are very important in the overall running of Tesco. They play a very important part of the company with having over half a million worldwide employees. The main thing employee’s seek are wages and job satisfaction. When recruiting, Tesco must be careful on who they employ as it could have a big impact on the company. They will be representing the company and if they are not enjoying the job and fulfilling their position, then things could start to go wrong. They also have a huge influence as if employees  were not happy with their wages or working conditions then that would reflect on their work due to lack of motivation. Tesco uses motivation as a method to improve employees working performance. For example, if people were to be treated bad by long hours and no pay, then they would leave the work place and find another job. This would also be bad publicity for the company and could build up a bad reputation. For example, in 2009 employees in Ireland threatened to strike because workers supposedly were working for twenty five to thirty hours and this was below the minimum hours in their contracts. This strike could have put a bad reputation on the company Suppliers Suppliers are also a vital stakeholder and have a big influence on any organisation. Suppliers are mainly interested in; †¢Constant Growth of purchasing †¢Long Term Contacts †¢Prompt Payment Suppliers can influence prices of the product, the quality of the product, and the product itself. This would mean that if the supplier suddenly put their prices up then Tesco would have to raise their prices in store to cover their costs. The suppliers can affect the availability of the product by the production time and delivery time. If suppliers could provide the numbers and time slots as stated on their contract, a company like Tesco couldn’t use them as have a high demand and they always must be fully in stock. As shown on Tesco’s corporate website it is clear that Tesco serve thousands of customers every minute. Each shopping trip is based on a foundation of trust placed by Tesco’s customers, who expect them to trade responsibly. Tesco know over the last year that this trust has been tested. Tesco also know that what they offer their customers depends on how they work with their suppliers. They are aware also that the industry is changing and, as Tesco continues to grow the business, they need a strong supply chain more than ever. They need partnerships with trusted suppliers who they can work with to innovate and to deliver high quality, safe products that are responsibly produced. Tesco believes better relationships deliver both a better shopping trip for customers and sustainable businesses throughout the supply chain. Tesco regularly ask their customers and stakeholders around  the world what they think about them and where they can improve. Customers tell them that food and product safety, pricing and protecting their data are their current priority concerns. Tesco’s customers want them to give them products that are safe and honestly labelled. They also want the pricing to be fair, accurate and honest. [11]

Pestel Analysis of the IKEA Corporation

Pestel Analysis of the IKEA Corporation In this research report Author have identify business strategy about IKEA as an organization, the first part of this research is about introduction of IKEA which explain all initial information and its process from Supplier to customers. Next part contain literature review that try to identify what is the different between operational and tactical planning, it also analysis and rational with IKEA. Middle part of this research contains SWOT and PESTEL analysis of IKEA with theatrical background and explains each and every factor which can effect in business operational and tactical planning. In last Author has concluded this research with conclusion about over important of strategy in business. Introduction: Business strategy itself shows that strategy needs for every business. To achieve object in certain time period, each and every organisation required strategy and to stay top on the table need better strategy then the other competitors (Houston, 2002) The reason to make strategy is to make business fit into its environment. So that every time you should change strategy according to environment (Houston, 2002) Business strategy is nothing but make a plan and take decisions, and using that plan and decision achieve greater profit and success in decided time (Kourdi, 2009) By making strategy organisation can know where resources like finance, people, effort, technology should be concentrated (Kourdi, 2009) Literature Review: Swot analysis: When an organisation is in hard market situation it needs measurement to find out current situation and find the right strategy to achieve object (Bohm, 2008) Where is the company right now? Whats the strength of the company through which company have an edge than others. To neutralize weakness of the company any organisation should know which the weaknesses are and how its damage the success ratio (Bohm, 2008) Its also important to know which possible threats and opportunities can be expected from around the world. Through SWOT analysis any organisation analyse companies strengths, weakness, possible threats and opportunities. Opportunities and threats investigates internal and external as well as positive and negative factor of a corporation (Bohm, 2008) Strengths -supplier -Production -Distribution Weaknesses -What are our weaknesses as well as should know competitors Opportunities -What opportunities are in front of us based on market size, consumers requirements and their chaining trends, gaps in our product line, service and distribution Threats -Internal threats -External threats -Based on our weakness and competitors Strengths, changes in technology. Figure1.1. Elements of the SWOT analysis: (Mello, 2002) PESTEL Analysis: Expansion and improvement in business totally depends on any organizations Pestel analysis. Pestel analysis is very useful tool to measure and examine the environmental influences of political, economic, sociological, technological, environmental and legislative (Craig, 2005) Political Environment Sociological Environment Economic Environment CORPORATION OR INDUSTRY Technological Environment Environmental Environment Legislative Environment The activities of competitors, suppliers, customers always leads organisation to force the change the strategy. Customers who change their requirements by the time, competitors who merge within the industries may require the organisation to improve the structure, culture or other internal feathers to stay and compete (Craig D. J., 2005) It is important to have business strategy to a number of stakeholders. Groups or individuals having an interest in the activities of an organisation, stakeholder groups are relatively simple for commercials organisation and more complex and countable for not-for-profits organisations (Strategy, 2005) Requirements to implement a new strategy: As requirements of consumers are always varies, for that reason every time it is important to implement a new strategy to sustain in market among the competitors (Houston, 2002) Implement a new strategy means change current strategy in all factor means technological, change in production line, improving in storage and distribution. Organisational Analysis: Ikea is very well-known private limited company, which offering well designed and functional home furnishing products at low price. So many people can afford to buy. Ikea the brand name is basically associated with founders name, Ingvar Kampard who is born in southern Sweden and raised on Elmtaryd a farm near the small village of Agunnaryd. Inter Ikea system B.V.1999 2010 The founders main goal is To create a better everyday life for the many people. In the early age of five founder starts to selling matches to his nearby neighbours and the age of seven he starts to sell matches in bulk at a low price but still make good money. After that he expands to selling flower seed, greeting cards, Christmas tree decorations and later pencils and ball-point pens. In 1943 Ingvar Kampard established his own business and in 1951 first Ikea catalogue is published. In 1953 first Ikea showroom is born and within short time of period more than 35 countries has more than 315 stores. Ikea mainly decide the price and according to price they design the product. Ikea offered a low price of any product because of customers contribution. Customers come in the stores and choose their products with an easy-to-read and clearly mentioned all needed information on the tag and collect and transport and assemble by themselves. That is the idea behind: You do your part. We do our pa rt. Together we save money. (Hartline, 2008) Inter Ikea system B.V.1999 2010 Ikea is also well known for its charity work, Ikea working together with UNICEF to save the children around the world. Ikea donate one euro for every soft toy sold in stores during a certain period each year. In India they providing medicines and essential requirement to children and trying to stop child labour. Inter Ikea system B.V.1999 2010 SWOT analysis for Ikea In this tuff economic condition and with the number of competitor around the world, any organisation must know their Strengths, Weakness, Opportunities and Threats. Ikea uses SWOT analysis to reach its objectives. Strengths and Weakness are internal factors of the business. They are controlled by within the business. Opportunities and Threats are external factors, which are outside the control of business. Marketing, product cost, finance, manufacturing, business structure and strategy are counted in internal factors. Likewise environment, economic condition, competitor, technology advances, social changes, culture, political law are consider as external factors (Hartline, 2008) Strengths: One of Ikea main strengths are they develop products with flat packing and easy assemble by consumer. So not require massive storage and transportation is very ease for supplier and consumer. Good quality with a wide range of choice at all times that makes customers always willing to buy. Ikeas business strategy is produce environmental friendly products means they using renewable and recyclable raw materials such wool, cotton, glass, metal and rattan. Inter Ikea system B.V. 1999 2010 A well planned design products which works very functionally and reduce the price and attract the customers (Hartline, 2008) Ikea create loyal suppliers by committing to buying in large volumes for long period. So that they can negotiate for low price for customers likewise security for suppliers of having guaranteed orders (Hartline, 2008) In Ikea all are same. Ikea treat everybody same way. So companys anti-bureaucracy weeks helps to create good corporate culture (Hartline, 2008) Ikea has own designer to design the product according to cost. So Ikea can keep price low as they want. Inter Ikea system B.V. 1999 2010 Some of their products are produced in some countries where labour cost is very low compare to other countries. Inter Ikea system B.V. 1999 2010 Weakness: Ikea should know their weaknesses to improve their services and expand the business around the world. The expansion of the business always creates difficulties to maintain the standard of quality and customer satisfaction. Its also difficult to keep environment healthy for a large organization. Ikea has the business in more than 35 countries. Supply products with same good quality are hard for them. Ikea must keep communication to suppliers and consumers to maintain the standard of business, for a large business is not easy. As a business of furniture and all household products made from the plastic, wood, glass, rubber, paper, chemicals, it is hard to maintain environmental standards. Ikea believe in low price and good quality. For that Ikea needs to differentiate how they can be chipper with a good quality than the competitor (Hartline, 2008) Do it your self-system: Ikea is believes in self-serve approach but some customers who earning more salary, may not like to go warehouse and picking out their furniture. Some customers may not have time to assemble their furniture once they get it home (Hartline, 2008) Opportunities: Ikea should use its strengths and brand name to take advantage coming opportunities in the world. Making environmental friendly products can be useful in price sensitive market. As the company states: There is a true business potential for IKEA in providing solutions that enable customers to live a more sustainable life at home. IKEA is developing effective solutions for customers in order to support them recycling or reusing used products, aiming at no products ending up at landfill and the recycled materials used in producing new IKEA products. (The Times 100) Ikea should produce more and more products from materials that can be recycled and should develop technology to reduce carbon footprints and use of water. Ikea should use more and more renewable energy so they can keep price low as much as they can and attracts the more consumers in current financial climates. By providing better customer services by their co-worker, by telecommunication or by media or taking opinion from peoples they can sustain in the market. Threats: By knowing the possible threats each and every organization can be prepare for better business strategy. Ikea should know the external and internal threats. Competitor: competitor consider as an external threats. Having with better business strategy like low price with better quality, better customer services, good communication with consumer and supplier (Hartline, 2008) Competitor can come with better technology edge. So to avoid this threat Ikea should be more adoptable (Hartline, 2008) Culture: Culture is also playing part as major threats. Ikea has a large business around the world where people with a different culture and different attitude. This culture can be changed by different methods like training programme, changing people or giving them satiable jobs, totally giving new structure or appearance (Pfeiffer, 1993) PESTEL analysis for Ikea Political: It is important to make number of observation regarding political changes in the world or country where you doing business because uncertainty of political environment could have massive impact on business (Britton, 2009). Changes in political environment also emanate from a countrys institutional arrangements (Britton, 2009). Ikea should analysis of political environment because each and every country has own rules. In some country political is very stable and providing good infrastructure for the business. Economic: Economical effects means any business organization concerned with imports or exports will be affected by many ways like taxation, interest rates, employment levels and Inflation, Economic condition of ones countries means spending ability of consumer force to change any organizations strategy and products services. In some countries you should concern about economic condition before starts the business. Business strategy should be fine according to countries economic condition so most of consumer can afford to buy your products (Craig, 2005) Ikea can achieve its vision to create a better everyday life for the many people by considering economic condition of countries. Sociological: Sociological effects means particularly any countrys demographic profile such as the increasing birth rate or decreasing death rate or unbalance in genders or increasing population can affect any business (Craig, 2005) To finds more flexible people just because of their geographical or social condition leads the shortage of skilled worker. This can pressurise organisation to move new location just to find out technological solution (Craig, 2005) Technological: Technological developments in recent years are significance. If you want to sustain in the market among the competitors you must have edge in technological improvement (Craig, 2005) Any organisation should be ready to adopt new technology. The business depends on how you marketing the product, which technology you are using for production and distribution and for storage (Craig, 2005) Environmental: Every country is very concern about their environmental condition. Change in climate for last couple of years just because of human activities has made aware everybody. To expand the business every organization should analysis of environment. (Britton, 2009) In every country requirement of products is always varies according to their environmental condition. Organisations required being in the leading position of making possible changes rather than coming from a catch-up position. Every organisation needs to respond to green issues are voiced by customers or community groups. (Robert Dransfield, 2004) Legislative: Legislation includes certain factors like employment law, taxation law, companys own law, health and safety law, patent law, industry regulations (Sinclair-Hunt, 2005). In business strategy you should concern legislation. Legislation is a part of business. Reducing union power was perceived as economically essential for freeing the labour market and hence rejuvenating the economy through the free play of market forces (Undy, 1996). Conclusion: As a worlds biggest retailers Ikea should counts numbers of thing to capture the maximum market among strong competitor. They should use more and renewable energy for their business to reduce the price of products and to reduce carbon foot-print. Ikea have good name around the world for their products with good price with good quality and to sustain the image they should know their internal and external threats and should try to come over. As a large business they should have good communication with suppliers and with consumers. By adopting latest technology they can be ahead of competitors. Using waste or damaged material they can produce product and can save environment.

Pride Essay -- essays research papers

Pride   Ã‚  Ã‚  Ã‚  Ã‚  The word pride in itself isn’t an important word but it’s meaning implies many things. There are several different definitions for pride. Pride can be referred to as a type of plant, a form of body ornamentation, or even a group of lions. The most commonly used definition of pride is being proud, or having a feeling of great accomplishment and feeling self-satisfaction. The word pride both positive and negative meanings that can be seen throughout history. In 1297AD, pride was described as â€Å"A consciousness or feeling of what is befitting or due to oneself or one's position, which prevents a person from doing what he considers to be beneath him or unworthy of him; esp. as a good quality, legitimate, ‘honest’, or ‘proper pride’, self-respect; also as a mistaken or misapplied feeling, ‘false pride’† (OED 4). This type of pride is personal pride and the image a person must maintain to keep it. A person cannot allow them self to act in such a way that would be demeaning. An example of this would be a drill sergeant getting down with his recruits and performing the same demeaning drills as they are. The sergeant’s years of hard work and service would not be taken seriously if he were to lower himself to the level of their recruits therefore lowering his sense of pride. Too much pride can lead to conceit or what we commonly call a big head. By 1340 AD, pride was comparable to arrogance. (OED 1) Later during the Middle Ages there were seven...

Dutch vs. American Euthanasia Essay examples -- Euthanasia Physician A

Dutch vs. American Euthanasia      Ã‚  Ã‚  Ã‚  Ã‚   The Dutch take their euthanasia seriously. The Dutch government has resubmitted its proposal for formally legalizing assisted suicide and euthanasia, while modifying its controversial provision allowing euthanasia for children. When first proposed to Parliament over a year ago, the bill allowed for cases where children from 12 to 16 years old could request and receive euthanasia "against the wishes of their parents." The modified proposal still allows child euthanasia in this age group, but not over parents' objections [New York Times, 7/14/00]. Still unclear is the fate of another controversial feature of the original bill, allowing adults to sign advance directives requesting euthanasia in the event of future mental incompetency. This would allow legal euthanasia for patients with dementia or Alzheimer's disease for the first time [Id., 6/20]. Dutch euthanasia practice has long included lethal injections for children, including newborn infants, with parental co nsent. Euthanasia for kids - a bit extreme?    Numerous US studies have established that the Americans most directly affected by the issue of physician-assisted suicide -- those who are frail, elderly and suffering from terminal illness -- are also more opposed to legalizing the practice than others are:    * A poll conducted for the Washington Post on March 22-26, 1996, found 50% support for legalizing physician-assisted suicide (Washington A18) Voters aged 35-44 supported legalization, 57% to 33%. But these figures reversed for voters aged 65 and older, who opposed legalization 54% to 38%. Majority opposition was also found among those with incomes under $15,000 (54%), and black Americans (70%).    * An A... ...e: attitudes and experiences of oncology patients, oncologists, and the public." 347 The Lancet 1805 (June 29, 1996):1809    Humphry, Derek. "What's in a word?" Euthanasia Research & Guidance Organization 1993, Table 1-A.    Koenig, Dr. Harold et al.. "Attitudes of Elderly Patients and their Families Toward Physician-Assisted Suicide." 156 Archives of Internal Medicine 2240 (Oct. 28, 1996)    Lee v. Oregon, 891 F.Supp. 1429 (D. Or. 1995), vacated on other grounds, 107 F.3d 1382 (9th Cir. 1997), cert. denied, 118 S. Ct. 328 (1997).    "Poll Shows More Would Support Law Using Gentler Language," TimeLines (Jan.-Feb. 1994):9    Washington v. Glucksberg, 117 S. Ct. 2258, 2262 n. 7 (1997. -- -- --. 117 S. Ct. at 2272, quoting United States v. Rutherford, 442 U.S. 544, 558. 1979.    Washington Post, April 4, 1996.      

The Great Depression Essay -- American History

The Causes of the Great Depression The cause of the Great Depression has been debated for many years. The actual cause of the Great Depression is a multitude of factors, there was no single cause. Several reasons for the Great Depression were supply and demand, the banking system, wages of workers, success and failure of business, government policy, excessive speculation in the stock market and the unequal distribution of wealth between the rich and the middle class. While there are many theories to what caused the Great Depression; all of these factors played a role in the Great Depression. The European nations industry had been devastated during the war and they relied on the United States for most goods. The American industry increased production during the war to meet the demand but over production after the war hurt the American industry and agriculture. The United States industry was producing more than the people were buying. The American farmers were faced with the same fundamental problems of over production (McElvaine 35). During the war in Europe the government encouraged a vast increase in agricultural production. During the war the government subsidized many of the farmers. The farmers borrowed heavily during the war to enlarge their farms to meet the demand. After the war the farmers did not slow production and they over produced (McElvaine 36). The United States imposed high tariffs on goods coming into the country but wanted to sell their good freely in Europe (James 103). Congress passed the Fordney-McCumber tariff of 1922 were they placed tarif fs on certain agricultural products which were seldom imported in large quantity to the United States. The tariff should have slowed the agricultur... ...epression can not be contributed to any single reason. There were a multitude of reasons for the collapse of the Stock Market. The Great Depression was felt worldwide. The American economy was the greatest during that time and many nations relied on us. Work Cited Brinkley, Allen. â€Å"The Great Depression†, American History: a survey, New York: McGraw Hill, p 666-685. Freedman, Russell. Children of the Great Depression. New York: Clarion Books, 2005 James, Harold. The End of Globalization: Lessons from the Great Depression. London, England: Harvard University Press, 2001. McElvaine, Robert S. The Great Depression. Toronto, Canada: Times Books, 1984. Smith, Gerald. Planning and the Tariff: An Essay on Philosophy, New Jersey: Princeton University Press, 1934. Temin, Peter. Monetary Forces Cause the Great Depression, New York: W.W. Norton, 1976.

Essay About Bullying Essay

There are millions of children in the United States that attend local school districts that are suffering from an epidemically called bullying. Bullying does not discriminate against age, sex, or race it is an ongoing problem that needs addressing immediately. It is vital that this situation is identified to prevent irreversible psychological damage to the victim. If this situation is not detained in a timely manner the situation can destroy an individual’s self-image and many times have fatal consequences. It is essential to train school district employees and parents with a variety of strategies to assist victims with bullying. There are many factors that can contribute to a child or adolescent in becoming a target of bullying. There are no specific characteristics that will prevent an individual in becoming a target. Bullies operate alone or in a group to torment their victim. Bullies always pick victims that seem vulnerable to them and know that they will not react to the situation. Bullying has been defined as a repeated aggressive behavior whereby a bully, or groups of bullies, systematically victimized weaker peers (Olweus, 1993; Willard, & Perry, 1990). Bullying grew tremendously in the last decade, it is no longer just about being made fun of the way you dress or look now it is more complicated. Bullying no longer stays in classrooms, schools, or neighborhoods. Technology allows bullying to travel around the world in a matter of minutes this process is done through your fingertips. There are many types of bullying the old fashion type are still in place the bully victimize its target victim face to face it consist of pointing at a person laughing at them and standing there until they see them cry. There is also indirect bullying this means that they make no physical contact with the victim the bullies just spread rumors about the victim and ruin their reputation and credibility with their peers. Now with technology being so advanced cyber-bullying has made its entrance which consists of bullying an individual through websites like face book, Instagram, twitter, or any school website that students create.  Another powerful trend that is in the rise is sexting. Sexting consists of sending or receiving explicit or sexually suggestive nude or seminude images generally via cell phone devices only. In our society today, we see a growing concern regarding bullying. Teacher and professionals are aware of bullying, was not taken lightly as decades ago. All school districts nationwide have adopted a policy that has been in effect it’s called Anti-Bullying policy. This policy has a zero tolerance in bullying in school grounds. Once the victim reports the incident school officials have to take immediate action to protect the victim from the aggressor. School district have also developed many intervention plans and strategies to avoid bullying, they are proactive in the anti-bul lying policy. Districts are making sure that every student is aware of the anti-bullying policy and learn techniques in how to protect themselves and where to seek for help if needed. Bullying is not considered a normal part of growing up. When parents would state that bullying is a part of growing up that the victim had to toughen up, or like many would day it is just child’s play. They never realize that impact that these victims had in their adulthood due to the bullying in their childhood years. Being bullied creates an abnormal family environment. The victim distances themselves from the family to avoid having to discuss the problem. Many times this causes scars in the victims that it prevents them from living a normal life. In cases like this, it is recommended that individuals look for help immediately. A professional is the best option for a family in assisting them in the healing process. We need to find ways to target bullying efficiently to avoid low self-esteem issues that child ren and adolescents are encountering in their safe zone that should be their school and environment. We need to be aware that if these problems are not targeted the victims will have emotional and mental problems and may lead them to commit suicide. America is a land of dreams and opportunities this country has been liberal and allows everyone to have freedom of speech. We are now at an era that people’s rights are equal. Now laws have been changed to respect the gay and lesbian alliance rights in society. There are clubs and organizations in schools that support lesbian and gay rights. These types of clubs create a tense situation among peers and people that join these clubs become targets of bullying. Observing the world of bullying we are able to identify the potential harm that causes  children and adolescents to live trapped in this life. As counselors, our job is to be able to identify this matter quickly. To try to prevent the victim in falling through the cracks and start experimenting with drugs, suffer from depression or decide to escape the situation through suicide. We all need to unite and stand together and target this problem hand in hand with all the resources available. The commitment we have to the community should be one hundred percent. In conclusion, we are aware of the types of bullying that exist in society today, we are also armed with the best key to defeating this issues knowledge. Our oath as professionals is that we are willing to go over and beyond to help a bullying victim and their families. Considering all the points discussed today we are able to acknowledge that we need to create a team with parents to make sure that if a problem of bullying ever arises we are able to communicate and prevent a victim to becoming psychologically disturb and a family to lose a loved one. References Personality & Mental Health. Nov 2012, 6 (4), 325-339.15 Retrieve on 3/21/14 FBI Law Enforcement Bulletin. Jun 2013, 82(6), 2-4-5 Retrieve on 3/21/14

Coffee and Starbucks

1 A. What is Starbucks’ â€Å"product† †¢Starbucks’ product is a casual experience in a comfortable atmosphere where the customer can enjoy a premium cup of coffee and a newspaper or relaxing conversation with friends. B. What is their â€Å"core product† and what are the â€Å"auxiliary features† and benefits? †¢The core product is a premium cup of coffee. The auxiliary features include the well-educated baristas that can help select the right cup of coffee and help customers learn how to reproduce the experience at home or the office with fresh coffee bean or grounds they can purchase in store. Along with the coffees available there are also Tazo teas, hand crafted espresso and blended drinks a little something for every taste. To go with the drink of your choice you can also enjoy a fresh pastry or a sandwich while listening to music or utilizing the free Wi-Fi to complete the experience. C. What is their â€Å"unique selling proposition† and how do consumers view it now? †¢Starbucks’ unique selling position was offering a high quality coffee for a premium price, while providing a place to relax other than work, home or going to the bar. With their comfortable seating areas and internet access they branded themselves as your â€Å"third place†. Customers bought into it but now that they have started to get more streamlined their stock is falling because they are losing a little bit of that selling position. As the stores get a little less comfortable and become a little more like an assembly line, customers are starting to see it more like a commodity rather than something special. 2. A. Are McDonald’s and Starbucks direct competitors? Yes. While they don’t offer the same quality of food or coffee, McDonalds has put a lot of emphasis on the quality of their coffee and have been able to increase their sales and profits. With the introduction of their McCafe line of coffee drinks McDonalds is looking to take a share of the market from Starbucks. B. What advantages does McDonald’s have in competing with Starbucks for coffee sales? †¢McDonald’s coffee has a very good reputation as a good cup of coffee. While it is not on par with the gourmet coffee and specialties that Starbucks has to offer it is a much cheaper alternative and with the large selection of menu items it can market to a much broader base of customers. For example parents with small children will be drawn to McDonald’s for their coffee because of what they can offer the children that Starbucks can’t. Another advantage is the speed at which McDonald’s can serve customers. Since the coffee and food they serve is less customized they are able to get people in and out at a much faster pace even with the implementation of the drive thru at Starbucks. . A. What changes in society (at the time of the case) helped Starbucks to be successful? †¢There was a steady increase in the number of coffee drinkers in the US in the mid-90s. That combined with the trend of consumers to drink more and more coffee out of the home has increased sales in the entire market. While a large increase of this coffee consum ption was among those that drink coffee at work, the benefit to Starbucks is that they are getting the coffee from somewhere other than the workplace. Along with the increase in consumption consumers have trended to being more and more environmentally conscious. So the focuses on environmentally friendly ways of doing business have helped to keep them in favor with the customers. B. How are these changes related to their target market? †¢Coffee drinkers ranging from 25-29 increased their out of home coffee consumption from 42% to 66% while in the same year 30-59 years old increased from 33 to 46%. 4. A. What are the â€Å"strategic marketing factors† that help to account for Starbucks’ long-term success in developing brand equity? The environment that they offered was one of the big factors that lead to their ongoing success. While there are more and more cafe styled coffee houses coming into the market at this time the idea was very unique and helped to differentiate them in the market. The high quality product and unique sizing of their products also set them apart. Rather than using the standard small med and large names they used unique identifies that helped make their products stand out in memory. Before they came around your options for coffee outside the home were very limited and the ability to get such high quality even at a premium price was a welcome feature in the market place. For the longest time they were really the only player in the space and that niche afforded them very rapid growth and early successes that help fuel even more growth as they expanded worldwide. 5. A. What are the advantages of the Starbucks Card to the company? †¢The most obvious advantage of the card to Starbucks is the guaranteed income. Once people load money on the card it can only be spent at a Starbucks location. It also makes tracking customer purchasing habits and preferences readily available. Then there is the case of the forgotten or lost cards that never get used that equate to pure profit. One last advantage is that with the card they have also created a secondary market for sales by placing the cards in stores like Giant Eagle where people that wouldn’t come into the stores can buy the cards as a gift. B. What are the advantages of the Starbucks Card to the customers? The consumer can control their spending with the card. By loading the card with the amount they allocate for coffee they can track their spending more effectively than before when just purchasing with cash or a random card. While there is no discount associated with the card it does give the consumer some protection when they register the card online. If the card is ever lost or stolen they can report it and a new card will be issued with the same balance and the existing card voided. 6. A. Evaluate Chairman Schultz’ global strategy. Is it â€Å"good† or â€Å"bad? † †¢The global strategy is â€Å"good†. You can build a lot of customer loyalty by taking care of your employees. If your employees are happy and well trained they will provide a much better experience for the customer. Starbucks mission and direction has a solid base in the customer experience as much as the quality of the coffee. So making sure the employees are trained well and very knowledgeable about all things coffee enables them to take the experience past just when the customer is in the store. Educating the customer on how to get the best cup of coffee at home as well will provide you a regular customer for not only their coffee at the office but also the grounds for home. †¢In addition the image they are able to betray as a company that cares about the community and the environment will help build customer loyalty. The fact that they not only work to be environmentally conscious themselves but also work with partners and suppliers to share the information and work together to buy, sell and use environmentally friendly products. B. What recommendations do you have to improve Starbucks’ competitive position domestically? †¢Starbucks needs to stick to what got them here in the first place. Don’t try to become another fast food establishment. Customers that are coming to one of their stores will respect the time it takes to get a high quality cup of coffee. Take that time to cross sell the customer on coffee beans and other goods for the home. While offering food to the customer is a natural evolution for Starbucks it is important that they put as much time and effort into providing high quality food as they do coffee. If they keep the high quality of coffee but serve a lesser food the lesser image will be what is remembered. On the same lines make sure that if you are going to provide places for the customer to sit and enjoy their coffee stick with the comfortable seating that invites the customer to relax and stay awhile. You will not only bring them back time and time again you will encourage them to spend more time in the store every time they visit and therefore increase the opportunities to sell more products. Coffee and Starbucks 1 A. What is Starbucks’ â€Å"product† †¢Starbucks’ product is a casual experience in a comfortable atmosphere where the customer can enjoy a premium cup of coffee and a newspaper or relaxing conversation with friends. B. What is their â€Å"core product† and what are the â€Å"auxiliary features† and benefits? †¢The core product is a premium cup of coffee. The auxiliary features include the well-educated baristas that can help select the right cup of coffee and help customers learn how to reproduce the experience at home or the office with fresh coffee bean or grounds they can purchase in store. Along with the coffees available there are also Tazo teas, hand crafted espresso and blended drinks a little something for every taste. To go with the drink of your choice you can also enjoy a fresh pastry or a sandwich while listening to music or utilizing the free Wi-Fi to complete the experience. C. What is their â€Å"unique selling proposition† and how do consumers view it now? †¢Starbucks’ unique selling position was offering a high quality coffee for a premium price, while providing a place to relax other than work, home or going to the bar. With their comfortable seating areas and internet access they branded themselves as your â€Å"third place†. Customers bought into it but now that they have started to get more streamlined their stock is falling because they are losing a little bit of that selling position. As the stores get a little less comfortable and become a little more like an assembly line, customers are starting to see it more like a commodity rather than something special. 2. A. Are McDonald’s and Starbucks direct competitors? Yes. While they don’t offer the same quality of food or coffee, McDonalds has put a lot of emphasis on the quality of their coffee and have been able to increase their sales and profits. With the introduction of their McCafe line of coffee drinks McDonalds is looking to take a share of the market from Starbucks. B. What advantages does McDonald’s have in competing with Starbucks for coffee sales? †¢McDonald’s coffee has a very good reputation as a good cup of coffee. While it is not on par with the gourmet coffee and specialties that Starbucks has to offer it is a much cheaper alternative and with the large selection of menu items it can market to a much broader base of customers. For example parents with small children will be drawn to McDonald’s for their coffee because of what they can offer the children that Starbucks can’t. Another advantage is the speed at which McDonald’s can serve customers. Since the coffee and food they serve is less customized they are able to get people in and out at a much faster pace even with the implementation of the drive thru at Starbucks. . A. What changes in society (at the time of the case) helped Starbucks to be successful? †¢There was a steady increase in the number of coffee drinkers in the US in the mid-90s. That combined with the trend of consumers to drink more and more coffee out of the home has increased sales in the entire market. While a large increase of this coffee consum ption was among those that drink coffee at work, the benefit to Starbucks is that they are getting the coffee from somewhere other than the workplace. Along with the increase in consumption consumers have trended to being more and more environmentally conscious. So the focuses on environmentally friendly ways of doing business have helped to keep them in favor with the customers. B. How are these changes related to their target market? †¢Coffee drinkers ranging from 25-29 increased their out of home coffee consumption from 42% to 66% while in the same year 30-59 years old increased from 33 to 46%. 4. A. What are the â€Å"strategic marketing factors† that help to account for Starbucks’ long-term success in developing brand equity? The environment that they offered was one of the big factors that lead to their ongoing success. While there are more and more cafe styled coffee houses coming into the market at this time the idea was very unique and helped to differentiate them in the market. The high quality product and unique sizing of their products also set them apart. Rather than using the standard small med and large names they used unique identifies that helped make their products stand out in memory. Before they came around your options for coffee outside the home were very limited and the ability to get such high quality even at a premium price was a welcome feature in the market place. For the longest time they were really the only player in the space and that niche afforded them very rapid growth and early successes that help fuel even more growth as they expanded worldwide. 5. A. What are the advantages of the Starbucks Card to the company? †¢The most obvious advantage of the card to Starbucks is the guaranteed income. Once people load money on the card it can only be spent at a Starbucks location. It also makes tracking customer purchasing habits and preferences readily available. Then there is the case of the forgotten or lost cards that never get used that equate to pure profit. One last advantage is that with the card they have also created a secondary market for sales by placing the cards in stores like Giant Eagle where people that wouldn’t come into the stores can buy the cards as a gift. B. What are the advantages of the Starbucks Card to the customers? The consumer can control their spending with the card. By loading the card with the amount they allocate for coffee they can track their spending more effectively than before when just purchasing with cash or a random card. While there is no discount associated with the card it does give the consumer some protection when they register the card online. If the card is ever lost or stolen they can report it and a new card will be issued with the same balance and the existing card voided. 6. A. Evaluate Chairman Schultz’ global strategy. Is it â€Å"good† or â€Å"bad? † †¢The global strategy is â€Å"good†. You can build a lot of customer loyalty by taking care of your employees. If your employees are happy and well trained they will provide a much better experience for the customer. Starbucks mission and direction has a solid base in the customer experience as much as the quality of the coffee. So making sure the employees are trained well and very knowledgeable about all things coffee enables them to take the experience past just when the customer is in the store. Educating the customer on how to get the best cup of coffee at home as well will provide you a regular customer for not only their coffee at the office but also the grounds for home. †¢In addition the image they are able to betray as a company that cares about the community and the environment will help build customer loyalty. The fact that they not only work to be environmentally conscious themselves but also work with partners and suppliers to share the information and work together to buy, sell and use environmentally friendly products. B. What recommendations do you have to improve Starbucks’ competitive position domestically? †¢Starbucks needs to stick to what got them here in the first place. Don’t try to become another fast food establishment. Customers that are coming to one of their stores will respect the time it takes to get a high quality cup of coffee. Take that time to cross sell the customer on coffee beans and other goods for the home. While offering food to the customer is a natural evolution for Starbucks it is important that they put as much time and effort into providing high quality food as they do coffee. If they keep the high quality of coffee but serve a lesser food the lesser image will be what is remembered. On the same lines make sure that if you are going to provide places for the customer to sit and enjoy their coffee stick with the comfortable seating that invites the customer to relax and stay awhile. You will not only bring them back time and time again you will encourage them to spend more time in the store every time they visit and therefore increase the opportunities to sell more products.

Experimental and Quasi-Experimental Research Designs Essay

The experimental research design is one of the most reliable quantitative designs available. Basically, it requires that the researcher conduct an actual experiment in order to prove the research hypothesis. Similar yet fundamentally different from the experimental design is the quasi-experimental design. his paper discusses the procedure in conducting an experimental design research and differentiates it from a quasi-experimental research design. Examples of each are given to facilitate further comparison and contrast. The first step in conducting an experimental research design is to identify the independent and dependent variables. According to Random House’s dictionary of statistical terminologies, â€Å"the dependent variable is the event studied and expected to change when the independent variable is changed. † (Random House, 2001, p. 534). In Butler and Lijinsky (2005) which is an example of experimental research, the independent variable was the type of rat while the dependent variable was the toxicity level. This meant that the research seeks to verify whether different types of rats would have different acute toxicity levels. After the identification of the independent and dependent variables, the next step is to randomly select a sample for the experiment. To randomly select a sample means to make sure that all of the members of the population have an equal chance of being selected (Corder &Foreman, 2009). For example, when seeking to study a school population as is the case in of Stevens & Slavin (1995), random sampling is conducted by placing all of the possible respondents in a list and selecting from that list randomly. In this way, each student has an equal opportunity to be selected for the study. Lastly, once the experiment is conducted, a secure atmosphere is generated wherein the effect of other factors are minimized (Mertens, 1998). Going back to Butler and Lijinsky (1995), the experiment was conducted in a secure atmosphere where the only variables were the type of rat and the toxins induced to them. All other factors such as the food they were given, the space of their cages and so on were kept the same for the different types of rat. In a quasi-experimental approach, an experiment is also conducted and dependent and independent variables are also selected. Measures to keep all other variables constant are also taken. However, the defining difference between the tow is that quasi-experimental designs do not conduct random sampling (Mertens, 1998). For example, the quasi-experimental research conducted by Dutton (1986) simply a sample from those that were available. This is not random sampling and therefore the design cannot be considered as experimental but it does fit the quasi-experimental description. In conclusion, it is clear that while experimental and quasi-experimental research designs are similar, they do have an essential difference. References Butler, A, and Lijinsky, W. (2005). â€Å"Acute toxicity of aflatoxin G1 to the rat† Journal of Pathology, 102 (4), 209-212. Corder, G. , Foreman, G. (2009). Nonparametric Statistics for Non-Statisticians: A Step-by-Step Approach. Wiley. Dutton, D. (1986). â€Å"The Outcome of Court-Mandated Treatment for Wife Assault: A Quasi-Experimental Evaluation. † Violence and Victims, 1(3) 163-175 Mertens, D. (1998). Research methods in education and psychology: Integrating diversity with quantitative & qualitative. Sage. Random House. (2001). Random House Webster’s Unabridged Dictionary. Random House, Inc. Stevens, R. , and Slavin, R. (1995). Effects of a Cooperative Learning Approach in Reading and Writing on Academically Handicapped and Nonhandicapped Students. The University of Chicago Press.

The Determinants of Consumer Price Index in Indonesia

[pic] THE DETERMINANTS OF CONSUMER PRICE INDEX IN INDONESIA Instructor DR. Moussa Larbani Prepared By Ali Faris(G0912449) Imala Hussain(G0822498) Ma Yue(G0918271) Mia Fathia(G0827756) Nurma Saleah(G0912298) Suthinee Suayngam(G0916798) Ulfah Hidayatun(G0815892) ECON 6030 ADVANCE QUANTITATIVE METHOD Term Paper Kulliyah of Economics and Management Sciences Department of Business Administration 2009/2010 Abstract The most well known and widely quoted economic indicator is the CPI (Consumer Price Index).It represents an estimation of the change in prices of consumer goods and services. Generally, it represents a measurement of our expenses on goods and services we use to meet our day-to-day needs. Severe problems to the overall economy can be caused if the prices of consumer goods and services are abruptly changed. This paper attempts to examine the factors that influence the Consumer Price Index. We observe four variables, namely, money supply, gross domestic product, interest rate, and share price.By utilizing quarterly data from 1996 to 2008, this study applies multiple regressions method to find the best model and factors which can explain Consumer Price Index. The result indicates gross domestic product, interest rate, and stock price significant effect to consumer price index, whereas money supply does not have significant effect. This study also finds that the highest Adjusted R2 as goodness criteria of the model is derived when we include all the factors in the model.Hence, we can conclude that those factors have either strong or weak contribution to consumer price index. Keyword: Consumer Price Index, 1. INTRODUCTION From the beginning of civilization, tribes, countries and nations have always been looking for ways to attain prosperity and growth so as to improve the standard of living for their own people. From the times of Caesar to leaders of today such as John F. Keneddy, things haven’t changed much. To attain prosperity one of the most important things is to maintain a healthy economy.However there are many factors that threaten a healthy economy such as inflation, economic recessions and many other factors. Despite all these threats and inevitable slumps and declines in economy, an economy can be monitored and as such Consumer Price Index is one of the most important economic indicators. Using consumer pricing index, the health of the economy can be in check and the state can take necessary preventive measures otherwise not taken could lead to devastating effects in the form of high unemployment, bankruptcies, major financial losses etc.The CPI is a fixed-basket price index as it represents the price of a constant quantities basket of goods and services purchased by the average consumer. CPI is one of the most frequently used  statistics for identifying periods of inflation or deflation. This is  because large rises in CPI during a short period of time typically denote periods of inflation and  large drops in CPI du ring a short period of time usually  mark  periods of  deflation. It is compiled by the Department of Labor's Bureau of Labor Statistics.In order to get the final result for the CPI, wide researches of the prices of the included in the consumer basket goods and services are made. Then they are entered into a special computer program that makes the calculations. The importance of CPI is viewed in the fact that the estimations of other products, services and benefits are directly linked to the levels of the CPI. For example, if the CPI experiences an increase in its value, then the Social Securities benefits will rise as well. Other things that are directly linked to CPI include: †¢ Wages †¢ Lease agreements Union contracts †¢ Benefit statements and etc. Severe problems to the overall economy can be caused if the prices of consumer goods and services are abruptly changed. Most people associate the concept of CPI with inflation. An increase in the value of the CPI means that an increase in inflation has been observed. When inflation increases the purchasing power of money is lost and people will change their spending habits as they meet their purchasing thresholds and producers will suffer and be forced to cut output. This can be readily tied to higher unemployment rates.The whole economy falls into a recession. The objective of this paper is to find a linear regression model that will accurately estimate the consumer pricing index of Indonesia by using the following independent variables, 1) money supply, 2) Gross domestic product, 3) interest rates and 4) stock prices. In economics, money supply is the total amount of money available in an economy at a particular point in time. There are several ways to define â€Å"money†, but standard measures usually include currency in circulation and demand deposits.The gross domestic product (GDP) or gross domestic income (GDI) is a basic measure of a country's economic performance and is the m arket value of all final goods and services made within the borders of a country in a year. It is a fundamental measurement of production and is very often positively correlated with the standard of living. An interest rate is the price a borrower pays for the use of money they do not own, for instance a small company might borrow from a bank to kick start their business, and the return a lender receives for deferring the use of funds, by lending it to the borrower.Interest rates are normally expressed as a percentage rate over the period of one year. Stock Price in this paper is referred to as Stock Market index which is based on a statistical compilation of the share prices of a number of representative stocks. We observe four variables namely, money supply, gross domestic product, interest rate, and stock price. By utilizing quarterly data from 1996 to 2008, this study applies multiple regressions method to find the best model and factors which can explain Consumer Price Index (S ee appendix 1 and 2). 2. METHODOLOGY 2. 1Bivariate Pearson CorrelationPearson [pic]is typically used to describe the strength of the linear relationship between two quantitative variables. Often, these two variables are designated [pic](predictor) and [pic](outcome). Pearson [pic] has values that range from -1. 00 to +1. 00. The sign of [pic]provides information about the direction of the relationship between [pic] and [pic]. A positive correlation indicates that as scores on [pic] increase, scores on [pic]also tend to increase; a negative correlation indicates that as scores on [pic] increase, scores on [pic]neither increase nor decrease in a linear manner.The absolute magnitude of Pearson [pic] provides information about the strength of the linear association between scores on [pic] and [pic]. For values of [pic]close to 0, there is no linear association between [pic] and [pic]. When [pic]= +1. 00, there is a perfect positive linear association; when [pic]= -1. 00, there is a perf ect negative linear association. Intermediate values of [pic]correspond to intermediate strength of the relationship (Warner, 2008). 2. 1. 1Assumption for Pearson [pic] (Warner, 2008)The assumptions that need to be met for Pearson [pic] to be an appropriate statistic to describe the relationship between a pair of variables are as follows: 1. Each scores on [pic] should be independent of other [pic] scores (and each score on [pic]should be independent of other [pic]scores). 2. Scores on both [pic]and [pic]should be quantitative and normally distributed. 3. Scores on [pic]should be linearly related to scores on[pic]. 4. [pic], [pic]scores should have a bivariate normal distribution. 2. 1. Computation of Pearson [pic] (Warner, 2008) Formula to calculate Pearson [pic]from the raw scores on [pic]and [pic]is as follows: [pic](2. 1) 2. 1. 3Correlation matrix (Warner, 2008) A correlation matrix usually denoted by R; it contains the correlations among all possible pairs of [pic]variables. Th e entire set of correlation in an R matrix is as follow [pic] R = [pic][pic] Note several characteristics of this matrix. All the diagonal elements equal 1 (because the correlation of a variable with itself is, by definition, 1. 0).The matrix is â€Å"symmetric† because each element below the diagonal equals one corresponding element above the diagonal. 2. 2Multiple Regressions Multiple Regression analysis provides an equation that predicts raw score on a quantitative [pic] variable from raw scores on [pic] variables, with [pic]. The predictor or [pic] variables are usually also quantitative, but it can also be a dichotomous variable (dummy variable). Usually, regression analysis is used in non experimental research situations, in which the researcher has manipulated none of the variables.In the absence of an experimental design, causal inferences cannot be made. However, researchers often select at least some of the predictor variables for regression analysis because they be lieve that these might be â€Å"causes† of the outcome variable. If an [pic] variable that is theorized to be a â€Å"cause† of [pic]fails to account for a significant amount of variance in the [pic] variable in the regression analysis, this outcome may weaken the researcher’s belief that the [pic] variable has a causal connection with [pic].On the other hand, if a [pic] variable that is thought to be â€Å"causal† does uniquely predict a significant proportion of variance in [pic] even when confounded variables or competing causal variables are statistically controlled, this outcome may be interpreted as consistent with the possibility of causality. (Warner, 2008) 1. The Multiple Regressions Model Equation The raw score version of regression equation with [pic] predictor variables is written as follows [pic](2. 2) here [pic]is the predicted score on the outcome ([pic]) variable, [pic]is the intercept or constant term, [pic]are regression coefficients, an d [pic]are predictor variables. The [pic]regression coefficient represent partial slope. The [pic] slope represents the predicted change in [pic] for a one-unit increase in[pic], controlling for [pic](i. e. , controlling for all other predictor variables included in the regression analysis). The standard score version of a regression equation with [pic] predictors is represented as follows: [pic](2. ) where [pic]is [pic]scores on [pic], [pic]are beta coefficient that is used to predict The beta coefficients in the standard score version of the regression can be compared across variables to assess which of the predictor variables are more strongly related to the [pic]outcome variable when all the variables are represented in [pic]score form. Beta coefficient may be influenced by many types of artifacts such as unreliability of measurement and restricted range of scores in the sample. (Warner, 2008) 2. Model buildingThis paper use Stepwise regression model building to develop the leas t squares regression in steps, either to forward selection backward elimination, or through standards stepwise regression. The coefficient of partial determination is the measure of the marginal contribution of each independent variable, given that other independent variables are in the model. 2. 2. 3Statistics Sum-of-squares terms. Several regression statistics are computed as functions of the sums of-squares terms: [pic] (2. 4) Partitioning of variation.The regression equation is estimated such that the total sum-of squares can be partitioned into components due to regression and residuals: SST = SSR+ SSE(2. 5) Coefficient of determination. The explanatory power of the regression is summarized by its â€Å"R-squared† value, computed from the sums-of-squares terms as [pic](2. 6) R2, also called the coefficient of determination, is often described as the proportion of variance â€Å"accounted for†, â€Å"explained†, or â€Å"described† by regression. It i s important to keep in mind that a high R2 does not imply causation.The relative sizes of the sums-of-squares terms indicate how â€Å"good† the regression is in terms of fitting the calibration data. If the regression is â€Å"perfect†, all residuals are zero, SSE is zero, and R2 is 1. If the regression is a total failure, the sum-of-squares of residuals equals the total sum-of-squares, no variance is accounted for by regression, and R2 is zero. Adjusted R2. The R2 value for a regression can be made arbitrarily high simply by including more and more predictors in the model. The adjusted R2 is one of several statistics that attempts to compensate for this artificial increase in accuracy.The adjusted R2 is given by: [pic](2. 7) n = sample size (e. g. , number of years of data in calibration period) p = number of predictors in the model, not counting the constant term As shown by the equation, R2 with hat is lower than R2 if the model has more than one predictor. Adding predictors has the effect of increasing the difference between R2 with hat and R2. Adjusted R2 is also useful in comparing among models. ANOVA table and definition of â€Å"mean squared† terms. The sums-of-squares terms and related statistics are often summarized in an Analysis of Variance (ANOVA) table: [pic] Source= source of variationSS= sum-of-squares term df= degrees of freedom for SS term MS= â€Å"mean squared† terms The mean squared terms are the sums-of-squares terms Standard error of the estimate. The residual mean square (MSE) is the sample estimate of the variance of the regression residuals. The population value of the error term is sometimes written as ? e2 while the sample estimate is given by se2 = MSE(2. 8) where MSE has been defined previously. The square root of the residual mean square is called the root-mean-square error (RMSE), or the standard error of the estimate. [pic](2. 9) The subscript â€Å"c† is attached (RMSEc) in (4. ) to distingu ish the RMSE derived from calibration from the root-mean-square error derived by cross-validation (see later). F ratio or â€Å"overall F†. Recall that the explanatory power of a regression is given by the regression R2, which is computed from sums-of-squares terms. The F-ratio, or overall F, which is computed from the mean squared terms in the ANOVA table, estimates the statistical significance of the regression equation. The F-ratio is given by [pic](2. 10) The advantage of the F- ratio over R2 is that the F- ratio takes into account the degrees of freedom, which depend on the sample size and the number of predictors in the model.A model can have a high R2 and still not be statistically significant if the sample size is not large compared with the number of predictors in the model. The F- ratio incorporates sample size and number of predictors in an assessment of significance of the relationship. The significance of the F- ratio is obtained by referring to a table of the F distribution, using degrees of freedom {df1,df2}, where df1 and df2 are the degrees of freedom for the regression mean square and residual mean square from the ANOVA table.How to reject or accept F-test (for overall significance) HO: ? 1 = ? 2 HA : ? 1 and ? 2 not both zero ? = . 05 Decision: Reject Ho if the f-stat falls in the rejection area (p values > ? = . 05) [pic] T-test. The T-test shows if there is a linear relationship between the variable xi and y. The test statistic: [pic](2. 11) How to reject or accept T-test (for individual significance) HO: ? 1 = 0 HA : ? 1 ? 0 ? = . 05 Decision: Reject Ho if the test statistic for each variable falls in the rejection region (p values < . 05) [pic]Confidence interval for estimated coefficients. If the regression assumptions on the residuals are satisfied, including the normality assumption, then the sampling distribution of an estimated regression coefficient is normal with a variance proportional to the residual mean square (MSE). Th e variance of the estimator also depends on the variances and covariances of the predictors. The idea is best illustrated for the case of simple linear regression, for which the variance of the regression coefficient is given by [pic](2. 12)Where Se2 is the residual mean square, xi is the value of the predictor in year xi with hat is the mean of the predictor, and the summation is over the n years in the calibration period. The 100 (1 ? ?) % confidence interval is [pic], where t? /2 is obtained from s t distribution with n-2 degrees of freedom. For more than one predictor, the confidence intervals for regression can be computed similarly, but the equation is more complicated. The equation for the variances and covariances of estimated coefficients is expressed in matrix terms by [pic](2. 13) where X is the time series matrix of predictors.This equation returns a matrix, with the variances of the parameters along the diagonal, and the covariances as the off-diagonal elements (Weisber g 1985, p. 44). The appropriate degrees of freedom of the t distribution is df = n ? K ? 1, where K is the number of predictors in the model, and n is the sample size. Multicolinearity The predictors in a regression model are often called the â€Å"independent variables†, but this term does not imply that the predictors are themselves independent statistically from one another. In fact, for natural systems, the predictors can be highly intercorrelated. Multicolinearity† is a term reserved to describe the case when the intercorrelation of predictor variables is high. It has been noted that the variance of the estimated regression coefficients depends on the intercorrelation of predictors. Haan (2002) concisely summarizes the effects of multicolinearity on the regression model. Multicolinearity does not invalidate the regression model in the sense that the predictive value of the equation may still be good as long as the prediction are based on combinations of predictors within the same multivariate space used to calibrate the equation.But there are several negative effects of multicolinearity. First, the variance of the regression coefficients can be inflated so much that the individual coefficients are not statistically significant – even though the overall regression equation is strong and the predictive ability good. Second, the relative magnitudes and even the signs of the coefficients may defy interpretation. For example, the regression weight on a tree-ring index in a multivariate regression equation to predict precipitation might be negative even though the tree-ring index by itself is positively correlated with precipitation.Third, the values of the individual regression coefficients may change radically with the removal or addition of a predictor variable in the equation. In fact, the sign of the coefficient might even switch. Signs of multicolinearity. Signs of multicolinearity include 1) high correlation between pairs of predictor variables, 2) regression coefficients whose signs or magnitudes do not make good physical sense, 3) statistically non-significant regression coefficients on important predictors, and 4) extreme sensitivity of sign or magnitude of regression coefficients to insertion or deletion of a predictor variable.Variance Inflation Factor (VIF). The Variance Inflation Factor (VIF) is a statistic that can be used to identify multicolinearity in a matrix of predictor variables. â€Å"Variance Inflation† refers here to the mentioned effect of multicolinearity on the variance of estimated regression coefficients. Multicolinearity depends not just on the bivariate correlations between pairs of predictors, but on the multivariate predictability of any one predictor from the other predictors. Accordingly, the VIF is based on the multiple coefficient of determination in regression of eachpredictor in multivariate linear regression on all the other predictors: pic](2. 14) where Ri2 is the multip le coefficient of determination in a regression of the ith predictor on all other predictors, and i VIF is the variance inflation factor associated with the ith predictor. Note that if the ith predictor is independent of the other predictors, the variance inflation factor is one, while if the ith predictor can be almost perfectly predicted from the other predictors, the variance inflation factor approaches infinity. In that case the variance of the estimated regression coefficients is unbounded.Multicolinearity is said to be a problem when the variance inflation factors of one or more predictors becomes large. How large it appears to be a subjective judgement. According to Haan (2002), some researchers use a VIF of 5 and others use a VIF of 10 as a critical threshold. These VIF values correspond, respectively, to Ri2 values of 0. 80 and 0. 90. Some compute the average VIF for all predictors and declare that an average â€Å"considerably† larger than one indicates multicolinea rity (Haan, 2002).At any rate, it is important to keep in mind that multicolinearity requires strong intercorrelation of predictors, not just non-zero intercorrelation. The VIF is closely related to a statistic call the tolerance, which is 1/VIF. Some statistics packages report the VIF and some report the tolerance (Haan 2002). 3. MODEL SPESIFICATION AND DATA SOURCE Based on the theory review in the previous section, we build the following specification to capture the determinants of money supply in Indonesia: CPI = ? 0 + ? 1M1 + ? 2GDP + ? 3IR + ? 4SP + ? The variables are defined as followed: 1.Money supply (M1) is M0 (physical currency) and demand deposits, which are checking accounts. This is used as a measurement for economists trying to quantify the amount of money in circulation. The M1 is a very liquid measure of the money supply, as it contains cash and assets that can quickly be converted to currency. 2. Gross Domestic Product (GDP) is the income of individuals or nations after adjusting for inflation. 3. Consumer price index (CPI) is an index number measuring the average price of consumer goods and services purchased by households. 4. Interest rate (IR) is a fee paid on borrowed capital. . Share Price (SP) is the price of one share of stock. This paper uses quarterly data, from quarter 1 of 1996 to quarter 2 of 2008 that is taken from International Financial Statistic. We also use SPSS software to regress the model above. 4. VALUATION 4. 1Model Estimation We will present the result of data analysis using Multiple Regression Analysis. Multiple Regression analysis provides an equation that predicts raw score on a quantitative [pic] variable from raw scores on [pic] variables, with[pic]. The best model is indicated by the highest Adjusted R2 and the lowest standard errors.In this study, consumer price indexes (CPI) were predicted from the following variables: money supply (M1), gross domestic product (GDP), interest rate (IR) and share price (SP). The sample size[pic]is 50. 4. 2Bivariate correlation In this part, we will observe the strength of the linear relationship between each independent variable and CPI. Table 1. Correlations | | |CPI |M1 |GDP |IR |SP | |1996Q1 |11. 716111 |19. 30 |4. 771904 |3. 788341 |3. 853983 |0. 065642 | |1996Q2 |11. 766373 |19. 4 |4. 819983 |3. 822246 |3. 858643 |0. 036398 | |1996Q3 |11. 827298 |19. 17 |4. 717570 |3. 877778 |3. 863081 |-0. 014697 | |1996Q4 |11. 879324 |19. 16 |4. 810590 |3. 909344 |3. 872063 |-0. 037281 | |1997Q1 |11. 889998 |18. 98 |4. 934683 |3. 905124 |3. 897606 |-0. 007518 | |1997Q2 |11. 914423 |18. 72 |4. 941414 |3. 921527 |3. 906252 |-0. 015275 | |1997Q3 |12. 002958 |23. 38 |4. 78997 |4. 036802 |3. 924765 |-0. 112037 | |1997Q4 |12. 039144 |26. 19 |4. 477901 |4. 111444 |3. 959830 |-0. 151614 | |1998Q1 |12. 262335 |26. 33 |4. 624532 |4. 270861 |4. 140733 |-0. 130127 | |1998Q2 |12. 314070 |32. 16 |4. 495154 |4. 363053 |4. 309088 |-0. 053965 | |1998Q3 |12. 484700 |34. 93 |4. 308177 |4. 530508 |4. 491942 |-0. 038566 | |1998Q4 |12. 457244 |35. 20 |4. 294247 |4. 12515 |4. 538626 |0. 026111 | |1999Q1 |12. 510708 |34. 11 |4. 396215 |4. 536868 |4. 585091 |0. 048223 | |1999Q2 |12. 512071 |30. 34 |4. 767910 |4. 478028 |4. 578437 |0. 100409 | |1999Q3 |12. 533785 |24. 52 |4. 754038 |4. 455257 |4. 555728 |0. 100470 | |1999Q4 |12. 525806 |21. 68 |4. 830264 |4. 422381 |4. 555029 |0. 132648 | |2000Q1 |12. 689215 |19. 58 |4. 798267 |4. 536245 |4. 79349 |0. 043104 | |2000Q2 |12. 725801 |18. 46 |4. 615507 |4. 572988 |4. 589384 |0. 016396 | |2000Q3 |12. 796032 |17. 98 |4. 534614 |4. 630870 |4. 611431 |-0. 019440 | |2000Q4 |12. 817033 |17. 80 |4. 436443 |4. 654596 |4. 639514 |-0. 015082 | |2001Q1 |12. 894097 |17. 85 |4. 423641 |4. 715383 |4. 668689 |-0. 046693 | |2001Q2 |12. 957670 |18. 26 |4. 396349 |4. 769620 |4. 695093 |-0. 74527 | |2001Q3 |12. 980581 |18. 88 |4. 453272 |4. 786409 |4. 731538 |-0. 054871 | |2001Q4 |12. 967675 |19. 20 |4. 357638 |4. 787355 |4. 758569 |-0. 02878 5 | |2002Q1 |13. 014972 |19. 32 |4. 495629 |4. 812124 |4. 804455 |-0. 007668 | |2002Q2 |13. 038967 |19. 18 |4. 670443 |4. 813862 |4. 813371 |-0. 000492 | |2002Q3 |13. 083051 |18. 87 |4. 499660 |4. 860963 |4. 830240 |-0. 030724 | |2002Q4 |13. 67842 |18. 42 |4. 383610 |4. 856585 |4. 856372 |-0. 000213 | |2003Q1 |13. 119451 |18. 20 |4. 382903 |4. 894774 |4. 879052 |-0. 015721 | |2003Q2 |13. 127729 |17. 68 |4. 568618 |4. 880785 |4. 881073 |0. 000288 | |2003Q3 |13. 168067 |16. 44 |4. 706932 |4. 890676 |4. 889544 |-0. 001132 | |2003Q4 |13. 145558 |15. 43 |4. 867750 |4. 851847 |4. 910358 |0. 058511 | |2004Q1 |13. 193018 |14. 0 |5. 023394 |4. 869902 |4. 926710 |0. 056808 | |2004Q2 |13. 243557 |14. 28 |5. 023446 |4. 905169 |4. 946239 |0. 041070 | |2004Q3 |13. 296856 |13. 88 |5. 055704 |4. 940406 |4. 956855 |0. 016449 | |2004Q4 |13. 303815 |13. 54 |5. 255827 |4. 925389 |4. 972241 |0. 046852 | |2005Q1 |13. 357168 |13. 36 |5. 375579 |4. 954380 |5. 001198 |0. 046817 | |2005Q2 |13. 415743 |13. 29 |5. 03708 |4. 996403 |5. 019906 |0. 023503 | |2005Q3 |13. 477237 |13. 78 |5. 410051 |5. 046527 |5. 037628 |-0. 008900 | |2005Q4 |13. 539065 |15. 78 |5. 387751 |5. 110080 |5. 135998 |0. 025918 | |2006Q1 |13. 570606 |16. 34 |5. 539352 |5. 124611 |5. 157502 |0. 032891 | |2006Q2 |13. 608447 |16. 23 |5. 624725 |5. 145281 |5. 164111 |0. 018831 | |2006Q3 |13. 676882 |16. 00 |5. 78345 |5. 191494 |5. 176234 |-0. 015260 | |2006Q4 |13. 679898 |15. 35 |5. 839146 |5. 174745 |5. 194761 |0. 020015 | |2007Q1 |13. 732362 |14. 70 |5. 885796 |5. 206364 |5. 219177 |0. 012812 | |2007Q2 |13. 777640 |14. 08 |6. 039466 |5. 223014 |5. 222613 |-0. 000401 | |2007Q3 |13. 848229 |13. 56 |6. 144445 |5. 264208 |5. 239273 |-0. 024935 | |2007Q4 |13. 855779 |13. 11 |6. 305412 |5. 52354 |5. 259836 |0. 007483 | |2008Q1 |13. 930695 |12. 94 |6. 292750 |5. 309960 |5. 292817 |-0. 017143 | |2008Q2 |14. 023264 |12. 95 |6. 172412 |5. 392000 |5. 199684 |-0. 192316 | |   |   |   |   |   | |0. 175227 | From the table above, we found the sum square value of error is 0. 175. Predict Consumer Price index (CPI) for a quarter in which the logarithmic of GDP is 12. 89 logarithmic of Interest Rate is 17. 5 and logarithmic of Share Price is 4. 42 LCPI = -4. 927 + 0. 769 (LGDP) + 0. 007 (LIR) – 0. 090 (LSP) = -4. 927 + 0. 769 (12. 89) + 0. 007 (17. 52) – 0. 090 (4. 42) = 4. 72 Confidence interval for the mean LCPI value : [pic]; [pic] [pic] [pic] Prediction interval for the mean LCPI value : [pic]; [pic] [pic] [pic] CONCLUSION We have employed multiple regression analysis method, which involve five variables which are expected to affecting money supply. They are consumer price index, interest rate, stock price, GDP, and money supply [M1]. The data are selected from Indonesia international financial statistics.In the recent years Indonesia has been successfully controlling its money supply to get stability in economic circumstances. From the study we found out that there is strong relations hip between consumer price index [CPI]and GDP. When the Gross Domestic Product [GDP] increases, it will also increase consumer price index as these two have linear relationship. Also there is strong correlation between money supply and consumer price index, which means that mean of CPI increase when money supply increases. Addition to this there is positive correlation between stock price and CPI, when stock price increase it tend to increase CPI.However there is negative correlation between interest rate and CPI, when interest rate increases, CPI decreases. From our finding it shows that R-square is 96 percent, which means it is a good model to describe the relation between CPI and other variables we use in the study. REFERENCES Lawrence S. Meyers, Glenn Gamst, and A. J. Guarino. (2006). Applied Multivariate Research Design and Interpretation. Thousand Oaks, London, and New Delhi: Sage Publications. Miles, Jeremy and Mark Shevlin. (2001). Applying Regression & Correlation: A Guide for Students and Researchers. London: Sage Publications. Warner, R. M. (2008).Applied Statistics From Bivariate Through Multivariate Techniques. Los Angeles, London, New Delhi, Singapore: SAGE Publications. Watson, Collin J. and et al. (1993). Statistics for Management and Economics 5th Edition. Massachusetts: Allyn and Bacon. http://www. investopedia. com http://www. stock-market-investors. com http://www. wikipedia. org Appendix 1. Variables Data |   |M1 |Stock Price |CPI |INTEREST RATE |GDP | | | | | | | | |1996Q1 |53162. 00 |118. 14 |47. 8 |19. 30 |122530. 00 | |1996Q2 |56448. 00 |123. 96 |47. 40 |19. 24 |128846. 00 | |1996Q3 |59684. 00 |111. 90 |47. 61 |19. 17 |136940. 00 | |1996Q4 |64089. 00 |122. 80 |48. 04 |19. 16 |144253. 00 | |1997Q1 |63565. 00 |139. 03 |49. 28 |18. 98 |145801. 00 | |1997Q2 |69950. 00 |139. 97 |49. 71 |18. 72 |149406. 00 | |1997Q3 |66258. 00 |118. 99 |50. 64 |23. 8 |163237. 00 | |1997Q4 |78343. 00 |88. 05 |52. 45 |26. 19 |169252. 00 | |1998Q1 |98270. 30 |101. 96 |62. 85 |26. 33 |211575. 00 | |1998Q2 |109480. 00 |89. 58 |74. 37 |32. 16 |222809. 00 | |1998Q3 |102563. 00 |74. 30 |89. 29 |34. 93 |264263. 00 | |1998Q4 |101197. 00 |73. 28 |93. 56 |35. 20 |257106. 00 | |1999Q1 |105705. 00 |81. 14 |98. 01 |34. 11 |271226. 0 | |1999Q2 |105964. 00 |117. 67 |97. 36 |30. 34 |271596. 00 | |1999Q3 |118124. 00 |116. 05 |95. 18 |24. 52 |277558. 00 | |1999Q4 |124633. 00 |125. 24 |95. 11 |21. 68 |275352. 00 | |2000Q1 |124663. 00 |121. 30 |97. 45 |19. 58 |324232. 00 | |2000Q2 |133832. 00 |101. 04 |98. 43 |18. 46 |336314. 00 | |2000Q3 |135430. 00 |93. 19 |100. 63 |17. 98 |360783. 00 | |2000Q4 |162186. 0 |84. 47 |103. 49 |17. 80 |368440. 00 | |2001Q1 |148375. 00 |83. 40 |106. 56 |17. 85 |397956. 00 | |2001Q2 |160142. 00 |81. 15 |109. 41 |18. 26 |424077. 00 | |2001Q3 |164237. 00 |85. 91 |113. 47 |18. 88 |433905. 00 | |2001Q4 |177731. 00 |78. 07 |116. 58 |19. 20 |428341. 00 | |2002Q1 |166173. 00 |89. 62 |122. 05 |19. 32 |449087. 00 | |2002Q2 |174017. 00 |106. 5 |123. 15 |19. 18 |459993. 00 | |2002Q3 |181791. 00 |89. 99 |125. 24 |18. 87 |480725. 00 | |2002Q4 |191939. 00 |80. 13 |128. 56 |18. 42 |473469. 00 | |2003Q1 |181239. 00 |80. 07 |131. 51 |18. 20 |498546. 00 | |2003Q2 |195219. 00 |96. 41 |131. 77 |17. 68 |502690. 00 | |2003Q3 |207587. 00 |110. 71 |132. 89 |16. 44 |523382. 00 | |2003Q4 |223799. 00 |130. 03 |135. 9 |15. 43 |511733. 00 | |2004Q1 |219087. 00 |151. 93 |137. 93 |14. 80 |536605. 00 | |2004Q2 |226147. 00 |151. 93 |140. 65 |14. 28 |564422. 00 | |2004Q3 |234676. 00 |156. 92 |142. 15 |13. 88 |595321. 00 | |2004Q4 |245946. 00 |191. 68 |144. 35 |13. 54 |599478. 00 | |2005Q1 |244003. 00 |216. 07 |148. 59 |13. 36 |632331. 00 | |2005Q2 |261814. 00 |222. 23 |151. 40 |13. 9 |670476. 00 | |2005Q3 |267762. 00 |223. 64 |154. 10 |13. 78 |713000. 00 | |2005Q4 |271166. 00 |218. 71 |170. 03 |15. 78 |758475. 00 | |2006Q1 |270425. 00 |254. 51 |173. 73 |16. 34 |782779. 00 | |2006Q2 |303803. 00 |277. 20 |174. 88 |16. 23 |812968. 00 | |200 6Q3 |323885. 00 |292. 47 |177. 02 |16. 00 |870551. 00 | |2006Q4 |347013. 00 |343. 49 |180. 33 |15. 35 |873181. 0 | |2007Q1 |331736. 00 |359. 89 |184. 78 |14. 70 |920214. 00 | |2007Q2 |371768. 00 |419. 67 |185. 42 |14. 08 |962838. 00 | |2007Q3 |400075. 00 |466. 12 |188. 53 |13. 56 |1033260. 00 | |2007Q4 |450055. 00 |547. 53 |192. 45 |13. 11 |1041090. 00 | |2008Q1 |409768. 00 |540. 64 |198. 90 |12. 94 |1122080. 00 | |2008Q2 |453093. 00 |479. 34 |181. 22 |12. 95 |1230910. 00 |Appendix 2. Lag of Variable Data |   |lm1 |lsp |lcpi |lgdp |ir | |1996Q1 |10. 881099 |4. 771904 |3. 853983 |11. 716111 |19. 30 | |1996Q2 |10. 941075 |4. 819983 |3. 858643 |11. 766373 |19. 24 | |1996Q3 |10. 996819 |4. 717570 |3. 863081 |11. 827298 |19. 17 | |1996Q4 |11. 068028 |4. 810590 |3. 872063 |11. 879324 |19. 16 | |1997Q1 |11. 059818 |4. 934683 |3. 897606 |11. 889998 |18. 98 | |1997Q2 |11. 55536 |4. 941414 |3. 906252 |11. 914423 |18. 72 | |1997Q3 |11. 101311 |4. 778997 |3. 924765 |12. 002958 |23. 38 | |1997 Q4 |11. 268852 |4. 477901 |3. 959830 |12. 039144 |26. 19 | |1998Q1 |11. 495477 |4. 624532 |4. 140733 |12. 262335 |26. 33 | |1998Q2 |11. 603497 |4. 495154 |4. 309088 |12. 314070 |32. 16 | |1998Q3 |11. 538233 |4. 308177 |4. 491942 |12. 484700 |34. 93 | |1998Q4 |11. 524824 |4. 294247 |4. 538626 |12. 57244 |35. 20 | |1999Q1 |11. 568407 |4. 396215 |4. 585091 |12. 510708 |34. 11 | |1999Q2 |11. 570855 |4. 767910 |4. 578437 |12. 512071 |30. 34 | |1999Q3 |11. 679490 |4. 754038 |4. 555728 |12. 533785 |24. 52 | |1999Q4 |11. 733129 |4. 830264 |4. 555029 |12. 525806 |21. 68 | |2000Q1 |11. 733369 |4. 798267 |4. 579349 |12. 689215 |19. 58 | |2000Q2 |11. 804341 |4. 615507 |4. 589384 |12. 725801 |18. 46 | |2000Q3 |11. 16210 |4. 534614 |4. 611431 |12. 796032 |17. 98 | |2000Q4 |11. 996499 |4. 436443 |4. 639514 |12. 817033 |17. 80 | |2001Q1 |11. 907498 |4. 423641 |4. 668689 |12. 894097 |17. 85 | |2001Q2 |11. 983816 |4. 396349 |4. 695093 |12. 957670 |18. 26 | |2001Q3 |12. 009066 |4. 453272 |4. 731538 |1 2. 980581 |18. 88 | |2001Q4 |12. 088026 |4. 357638 |4. 758569 |12. 967675 |19. 20 | |2002Q1 |12. 020785 |4. 495629 |4. 804455 |13. 14972 |19. 32 | |2002Q2 |12. 066908 |4. 670443 |4. 813371 |13. 038967 |19. 18 | |2002Q3 |12. 110613 |4. 499660 |4. 830240 |13. 083051 |18. 87 | |2002Q4 |12. 164933 |4. 383610 |4. 856372 |13. 067842 |18. 42 | |2003Q1 |12. 107572 |4. 382903 |4. 879052 |13. 119451 |18. 20 | |2003Q2 |12. 181877 |4. 568618 |4. 881073 |13. 127729 |17. 68 | |2003Q3 |12. 243306 |4. 706932 |4. 889544 |13. 168067 |16. 44 | |2003Q4 |12. 18504 |4. 867750 |4. 910358 |13. 145558 |15. 43 | |2004Q1 |12. 297224 |5. 023394 |4. 926710 |13. 193018 |14. 80 | |2004Q2 |12. 328941 |5. 023446 |4. 946239 |13. 243557 |14. 28 | |2004Q3 |12. 365961 |5. 055704 |4. 956855 |13. 296856 |13. 88 | |2004Q4 |12. 412867 |5. 255827 |4. 972241 |13. 303815 |13. 54 | |2005Q1 |12. 404936 |5. 375579 |5. 001198 |13. 357168 |13. 36 | |2005Q2 |12. 475390 |5. 403708 |5. 19906 |13. 415743 |13. 29 | |2005Q3 |12. 497854 |5. 410051 |5. 037628 |13. 477237 |13. 78 | |2005Q4 |12. 510486 |5. 387751 |5. 135998 |13. 539065 |15. 78 | |2006Q1 |12. 507750 |5. 539352 |5. 157502 |13. 570606 |16. 34 | |2006Q2 |12. 624135 |5. 624725 |5. 164111 |13. 608447 |16. 23 | |2006Q3 |12. 688144 |5. 678345 |5. 176234 |13. 676882 |16. 00 | |2006Q4 |12. 757118 |5. 839146 |5. 194761 |13. 679898 |15. 5 | |2007Q1 |12. 712095 |5. 885796 |5. 219177 |13. 732362 |14. 70 | |2007Q2 |12. 826025 |6. 039466 |5. 222613 |13. 777640 |14. 08 | |2007Q3 |12. 899407 |6. 144445 |5. 239273 |13. 848229 |13. 56 | |2007Q4 |13. 017125 |6. 305412 |5. 259836 |13. 855779 |13. 11 | |2008Q1 |12. 923346 |6. 292750 |5. 292817 |13. 930695 |12. 94 | |2008Q2 |13. 023853 |6. 172412 |5. 199684 |14. 023264 |12. 95 | ———————– [pic] [pic] [pic]