Essay about Ben Franklin - 627 Words

Benjamin Franklin stands tall among a small group of men we call our Founding Fathers. Ben used his diplomacy skills to serve his fellow countrymen. His role in the American Revolution was not played out on the battlefields, but rather in the halls and staterooms of governments. His clear vision of the way things should be, and his skill in both writing and negotiating, helped him to shape the future of the United States of America. His most important service was as a member of the Constitutional Convention of 1787. Although it was not accepted, he is reported to have been the author of the single legislative Assembly, instead of two branches. Other statesmen have considered bicameral assembly preferable, and which have since been adopted†¦show more content†¦He disapproved, also of the distinctions of rank incident to two assemblies, one being called the Upper and the other the Lower House, as having an aristocratical tendency, unfavorable to the liberty and equality which are the essence of republican institutions. Not only did Franklin argue the bicameral legislature, but he also argued the idea that each state should have an equal amount of votes, rather then vary by population. Franklin opposed it strenuously in the debates, as unjust and preposterous, since it gave to the smallest State the same power as to the largest. He said that if the practice had heretofore been necessary it was no longer so because it was easy to ascertain the comparative importance of the States, and to adjust the representation according to the number of inhabitants, and the degree of strength afforded by them respectively to the united body. Moreover, this method of voting by States had a mischievous effect in another point of view. The delegates acted as representatives of States and not of the people. They were naturally biased by local partialities and a tenacious adherence to State rights, which it was extremely desirable to keep out of sight at this time of common peril and calamity, and even forever if it was intended to strengthen and perpetuate the union. So lively an interest did he take in thisShow MoreRelated Ben Franklin Essay1642 Words   |  7 PagesBen Franklin Benjamin Franklin was one of the most influential people in American history. Franklin was born on January 17, 1706, in a small town in Boston. Benjamin was one of ten children. His father, Josiah was a candle and soap maker, and his mother Abiah Folger was a homemaker. When Benjamin was only twelve years old he signed his identures so that he could apprentice under his brother, working at a printing press. Here he worked for his brother James for over nine years. BenjaminRead MoreEssay on ben franklin635 Words   |  3 Pages Ben Franklin Ben Franklin became famous for being a scientist, an inventor, a statesman, a printer, a philosopher, and a librarian. Today, we honor Ben Franklin as one of the men who founded America and as one of Americas greatest citizens. Benjamin Franklin was born in Boston on January 17, 1706. He was the tenth son of soap maker, Josiah Franklin. Though Ben only had one year of schooling he was educated and loved to read and write. He worked as an apprentice to his brother, James, who wasRead More Ben Franklin Essay780 Words   |  4 Pagesan historian looks at the present, he sees the effects of many events and many profound people. Benjamin Franklin is one of these people. His participation in so many different fields changed the world immensely. He was a noted politician as well as respected scholar. He was an important inventor and scientist. Particularly interesting is his impact on the scientific world. Benjamin Franklin was a modest man who had had many jobs in his lifetime. This may help explain his large array of inventionsRead MoreBen Franklin Research Paper1498 Words   |  6 Pagesresponsible for America’s success today. His name is Benjamin Franklin. This report will explain a lot of the signifi cant events in his life that really made him the influential figure that we know of today. Benjamin Franklin was known for being many things including a scientist, inventor, statesman, musician, philosopher, economist, and a printer. Saying he was one of the most influential figures in history is an understatement. Ben Franklin started his young life as a printer. Although, this was notRead MoreEssay about Ben Franklin700 Words   |  3 PagesBen Franklin Ben Franklin is one of the most dynamic figures in the history of America. As a philosopher, scientist, writer, inventor, diplomat, and more he had far reaching effects on America and the world both in his time and today. Franklin was one of the first people to recognize himself as American and distinguish the people of the new nation as something more than British colonists. As an American, Franklin sought to improve the country through the creation of institutions and theRead More Ben Franklin and William Bradford Essay503 Words   |  3 PagesBen Franklin and William Bradford Although William Bradford and Ben Franklin lived 100 years apart from one another, they share at least one common theme: each man adhered to and dedicated himself to a particular system of belief. One key difference between Bradford’s faith and Franklin’s ideal of success is that Bradford believed that the way to improvement was through God. Franklin believed that the only person or thing that could make things happen was you. Bradford’s point isRead MoreEssay on Ben Franklin: Early Life1685 Words   |  7 PagesBen Franklin: Early Life In his many careers as a printer, moralist, essayist, civic leader, scientist, inventor, statesman, diplomat, and philosopher, for later generations of Americans he became both a spokesman and a model for the national character. He was born in Boston, Massachusetts on Jan. 17, 1706, into a religious Puritan household. His father, Josiah, was a candlemaker and a skillful mechanic. His mother, Abiah Ben’s parents raised thirteen children--the survivors of Josiah’s seventeenRead MoreBen Franklin Autobiography Summary1797 Words   |  8 PagesThe man Benjamin Franklin eventually became a man of good character and willingness to accept others. However, as the story of Ben Franklin unfolds you see he was indeed just a man. A man found to be of the same fault and human flaw as us all to which we were born, and that is into sin. Franklin as well as all people fell short. God told us in his word long before Ben Franklin ever existed. Romans 3:23 states â€Å"for all have si nned and fall short of the Glory of God.† (NIV). Franklin did prove howeverRead MoreHenry David Thoreau And Ben Franklin994 Words   |  4 Pagesnecessary for everyday life; it has become vital to a society that is ever more dependent on technology. Nevertheless, reading is beneficial in ways that listening and watching movies can never be. The works of Anne Bradstreet, Henry David Thoreau, and Ben Franklin help acknowledge this idea through the impacts they have had on readers still today. If you ask anyone about a book that was also made into a movie which they prefer, most of the time their response is that they preferred reading the book. WhyRead MoreAnalysis Of Ben Franklin And The Middle Of The Storm2070 Words   |  9 Pageslong way since they were first being discovered. That is not to say that what was originally thought is now wrong or obsolete, but rather has been added to or has been more refined. When most people think of electricity what comes to mind is Ben Franklin with his kite and a key in the middle of the storm. However, that is only one completely minor detail which led to the discovery and the ability to harness and use what was already happening in nature. Only on a scale that could be used by an

Organizational Culture of Starbucks - 1070 Words

Organizational Culture of Starbucks Benjamin A Chesney Com/530 Communications for Accountants January 28, 2013 Jon Zimmerman Organizational Culture of Starbucks Starbucks Coffee Company is a worldwide conglomerate. Their specialty is coffee. In addition to working as global leader of coffee distribution, Starbucks is also trying to be a global leader in responsibility. They want to show and teach the world that positive thinking, conflict resolution, and giving back to the community are things that people and companies should strive to do. Their quest is to inspire people. â€Å"Our mission: to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time.† (Starbucks,† n.d.). Starbucks has created†¦show more content†¦Starbucks also values making human connections and nurturing the human spirit. Customers are what drive and move this company forward; laughing and talking with its customers is at the forefront of Starbucks values. Allowing transference to occur with customers and employees creates a home-style, â€Å"get-to-know-you,† type feeling. Making these connections helps to elevate the spirit of the person who buys the coffee and is one of many reasons people enjoy sitting in the cafà © to drink and chat with friends. These small moments help to generate a positive energy for all who enter the store. Starbucks stores have a sense of inviting warmth to them because Starbucks is concerned about the positive energy it creates from making connections with people. Starbucks is always looking for the invitation to expand within the communities of the American people and worldwide. They are predicted to increase their visibility with more storefronts and, â€Å"Some analysts suggest it ultimately will exceed McDonald s 29,000 storefronts† (Plug, 2005. p. 285.). Communication and cultural boundaries can be a conflict for an American company expanding into foreign markets; however Starbucks has already penetrated Asian markets, like Japan, and performed well. They have learned to communicate effectively and overcome both cultural and communication borders based on their philosophy of being â€Å"invited† in rather than forcing their brand on a country. StarbucksShow MoreRelatedStarbucks Organizational Culture2278 Words   |  10 PagesHow Culture Affects Productivity Organizational culture and productivity are closely related. Simply stated, productivity is the art of getting the company s products and/or services to the custom er at the lowest possible cost. But it is more than that - it is related to quality, to customer needs and to labour relations. In other words, productivity and good management are inseparable. Productivity is a result of motivation, and motivation thrives in a good climate. If management is to transformRead MoreEssay on Starbucks: Organizational Culture1048 Words   |  5 PagesStarbucks: Organizational Culture When people think of the most popular coffee house in the country and world, they immediately think of Starbucks. Thats because its true, but what most people dont know is that Starbucks is also ranked #1 on the Most Admired Food Services Companies to work for (Americas most admired companies 2007, 2007), and # 16 Best Companies to work for (Best companies to work for 2007, 2007). It also ranked # 2 Most Admired Companies to work for over all, # 6 for BestRead MoreThe Components Of Starbucks Organizational Culture1432 Words   |  6 PagesRecommend the key components of Starbucks Organizational Culture that add to its accomplishment in a worldwide economy. Demonstrate administration s part with making and managing the authoritative society. Hierarchical society has a huge effect on the general execution of an organization. Authoritative society is the arrangement of imparted, underestimated verifiable presumptions that a gathering holds and that decides how it sees, contemplates, and responds to its different surroundings (BarneyRead MoreStarbucks Organizational Culture And Key Leadership1346 Words   |  6 Pages MGT500 Modern Management Prof.Carolyn Green 1/21/2017 Introduction: Starbucks Organizational Culture Key Leadership, Management Traits Starbucks distinctly stands out from other food or beverage chains in terms of the consistent quality of experience, that is symbolic of the company. A number of aspects have enabled the company to foster this consistency: a culture based on communication and centered around the customer, innovation in business practices, pioneeringRead MoreStarbucks s Organizational Culture And Its Impact On Organizational Success1210 Words   |  5 Pages Preston Lindsay Assignment 1: The Starbucks Strategy MBU 516: Managing People and Performance Dr. Stanley Randolph The Effectiveness of Starbucks’ Organizational Culture and its Impact on Organizational Success in Global Economy It is thoroughly clear that since 1990 The Starbucks Company had a major impact on, first the American, then the global coffee shop market. In the US alone, America housed just under 200 â€Å"freestanding† coffee houses, today, there are well overRead MoreThe Key Elements Of The Organizational Culture At Starbucks1447 Words   |  6 PagesStarbucks is one of the most successful coffee chain which was founded in the year 1971 in the Seattle’s Pike Place market. This small stores tend to offer the best bean coffees in the city and draws the customers. In the year 1981, Howard Shultz became a part of the franchise. Since the early years, Starbucks garnered the attention which many companies desired. Further, numerous start-up companies aimed to emulate the success of Starbucks, but failed to reach even closer to that kind of successRead MoreStarbucks s Organizational Culture, Leadership, And Management Traits1260 Words   |  6 Pages Assignment 1: Starbucks’ Strategy Kitwana Abercrumbie Dr. David Wells MGT 500 Modern Management April 15, 2017 Starbucks is the world’s leading place to grab a cup of coffee, and the number one company worldwide in the food service industry. Although it is an American company, it is also the premier roaster and retailer of specialty coffee in the world. Thanks in part to strong global sales, Starbucks was recently named by Fortune as one of the World s Most Admired Companies . 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Pricing-to-Market and Its implications for PPP Free Essays

Introduction At present, with the increasing process of globalization, the world is integrated as a huge market. International trade is becoming increasingly important between countries. Therefore, exchange rate are now of great concern, people care about its ups and downs, and its implications, especially, to what extent will the exchange rate change influence the price of imported or exported goods. We will write a custom essay sample on Pricing-to-Market and Its implications for PPP or any similar topic only for you Order Now It is important to introduce the idea of PTM to understand this question. The article will first introduce the concept of pricing to market, and then introduce the implications of pricing to market for purchasing power parity. Finally, I will give the conclusion. Review of PTM PTM is considered to be a phenomenon, and this happens in international trade between countries. When the market is in division and there is no â€Å"hot money†, exporters could set different prices according to the places importing from them; they could choose either producer currency pricing or local currency pricing. When producer currency is used, devaluation reduces export price of local commodities, change in exchange rate has conducting effect to price, therefore guarantees the effectiveness of one price law and purchasing power parity; however when local currency pricing is chosen, devaluations of producer currency does not affect export price of commodities since they are priced in local currency. International trade cost is essential in pricing to market. Atkeson and A.Burstein(2008) stated that without international trade costs, even in the presence of variable markups that lead to incomplete pass-through, we have no pricing-to-market. Hence, imperfect competition with variable markups is necessary, but not sufficient, for pricing-to-market. It is widely believed that PTM does not apply to all categories of goods, that it , the extent of Pricing to market varies in different goods trade. Krugman.P(1987) stated that:† PTM is not universal, pricing to market seems to be limited to the transportation equipment and machinery industries† according to his research on US and Germany. In short, PTM refers to the action of a firm to set different price of the same product in different markets. Implications of PTM for PPP and empirical evince on that 1. PPP was first formally introduced by Gustav Cassell in 1920, it was aimed to provide a standard for currencies to slove the problem of compensations after the first world war. It indicates that when consumers purchase identical products in any market worldwide, the quantity of money should be the same when measured in one currency (Hallwood and MacDonald, 2000). At present time, PPP has two functions in economics: one, to judge a currency has whether been over or under estimated, second, as a tool of conversion, to convert GDP or GNP of one country from its own currency into another, therefore compare the economic strength between them. PPP has now been developed into two forms, the absolute ppp and relative ppp. Absolute ppp is based on the law of one price, the theory of absolute purchasing power parity states that the same basket of goods should sell for the same price everywhere (Alessandria,GKaboski,P,K, 2009), while relative ppp debates that exchange rates can be adjusted according to the inflation differentials existing in two markets (Pilbeam, 2006). Unquestionably, the implication of PTM for purchasing power parity is influential according to many researches and studies done. PTM weaken the influence of PPP. The theory of PPP indicates that significant change in exchange rate should result in the devaluation of national inflation and appreciation of national deflation. But the truth is that, either the ups or downs of exchange rate did not significantly affect the inflation. One reason why exchange rate is such insignificant is obvious: exchange rate does not affect volume of trade and total price, as what people expected. The reason lies here is PTM, producers exporting commodities to other countries did not change exporting prices as people expected. For instance, when Japanese producer exporting automobiles into American market, they will set their products’ dollar price on the basis of specific situations in American market. If yen was in an appreciation, they would, by and large, reduce the yen price but not raise th e dollar price to maintain its current business scale in American market. They would rather to eliminate the effects caused by change of exchange rate by adjustments within the enterprise itself. In such condition, exchange rate could not play the important role as it should have played. Betts,C and Devereux M,B (1998) argued that: â€Å"PTM plays a central role in exchange rate determination and in international macroeconomic fluctuations.† The pass-through from exchange rate changes to prices is strongly restricted by actions of PTM. They also stated that: â€Å"PTM generates departures from purchasing power parity; it tends to reduce the comovement in consumption across countries, while increasing the comovement of output.† (Betts,C and Devereux M,B ,1998). Generally, according to theory of one price and purchasing power parity, changes in exchange rate would pass through efficiently to prices, that prices will be adjusted until it fits the changes in exchange rate, and there will finally be equilibrium. But PTM, as personal actions of enterprises, to some extent, obstructs the channel of passing through. In the conditions of high PTM extent, devaluation of exchange rate has a very limited impaction on the prices determination of imported commoditie s, as (Betts,C and Devereux M,B ,1998) stressed:†the allocative effects of exchange rate changes are therefore wakened.† PTM also has important welfare implications for the transmission of monetary policy shocks. (Betts,C and Devereux M,B ,1998). In a situation under PPP, an unexpected expansion of monetary policy will result in increase in welfare of all organization, no matter home ones or foreign ones. Betts,C and Devereux M,B ,(1998) concluded that: â€Å"Monetary policy is a ‘beggar- thy-neighbor’ instrument in the presence of PTM†. 2. The phenomenon of pricing to market is everywhere in our daily life, and it significantly weaken the influence of law of one price and theory of purchasing power parity, tells people the truth that the same amount of currency could not always buy same basket of goods in different countries’ market. Since the same product could be priced differently in two countries, there will be space of arbitrage. I found exactly the same mode of DELL laptop both sold in U.S and China, on EBay, this dell allienware m15x is priced $1449.99, on the official site of dell china, it is priced 16999 RMB, according to the present exchange rate of RMB over US dollar: 6.573, 16999RMB is $2586, it is $1086 more that in US. Obviously, the transportation cost to bring one laptop from US to China is far more less than $1086. It can be implied that many people will try smuggling commodities like this laptop to earn profits. Conclusion As above discussion, PTM is important in the determination of exchange rate, higher the PTM is, less influence will the exchange rate change make on prices. It also makes significant welfare implications for the transmission of monetary policy shocks. PTM and its implication on PPP is still necessary to be further researched. Reference Krugman, P. (1986), â€Å"Pricing to Markets when exchange rate changes†, In: Arndt, S.W., Richardson,J.D. (Eds.), Real-Financial Linkages among Open Economies. MIT Press, Cambridge. Mark, N. C. (2001), International macroeconomics and finance: theory and econometric methods, Wiley-Blackwell. Sarno, L. Taylor, M.P. (2002), â€Å"new open-economy of macroeconomics†. In The economics of exchange rate, Cambridge University Press, Cambridge, Hallwood, P. and MacDonald, R. (2000) International Money and Finance, 3rd ed.Blackwell. Pilbeam, K . (2006) International Finance, 3rd ed. MacMillan. Atkeson,A Burstein,A (2008) â€Å"Pricing-to-market, Trade cost, and International Relative Price*†. University of California, Los Angeles and Federal Reserve Bank of Minneapolis Alessandria,GKaboski,P,K (2009) â€Å"Pricing-to-Market and the Failure of Absolute PPP† Betts,C and Devereux M,B (1998), â€Å"Exchange rate dynamics in a model of pricing-to-market† in Journal of International Economics 50 (2000) 215–244 alienware m15x items- get great deals on PC Laptop notebooks,alienware m17x items on eBay.com! (2011). Retrieved March 9, 2011 from http://shop.ebay.com/i.html?_nkw=alienware+m15x_frs=1_trksid=p3286.c0.m359 Dell (2011). Retrieved March 9, 2011 from http://www1.ap.dell.com/content/topics/topic.aspx/ap/topics/microsite/zh/odg_campaign?c=cncs=cndhs1l=zhs=dhs~ck=mn How to cite Pricing-to-Market and Its implications for PPP, Essay examples