Economy Essay Example | Topics and Well Written Essays - 1000 words - 2

Economy - Essay Example Principles of Political Economy and Taxation was published in 1817. In this publication, Ricardo developed law of rent as well as the labor theory of money (Gonner, 2013). The theory of comparative advantage, as developed by Ricardo, tries to explain the benefit of engaging in international trade. The theory was initially discussed by Adam Smith in the Wealth of Nations. The theory was, however, clearly developed by Ricardo in the book On the principles of Political Economy and Taxation. In the development of the comparative advantage theory, Ricardo observed that if two countries with a capability of producing two products participate in free trade, each of the two countries will increase productivity by exporting the commodity that it has a comparative advantage in production. The country would then import the other commodity. In this theory, Ricardo implies that comparative advantage, and not absolute advantage, is responsible for international trade (Gonner, 2013). The example used by Ricardo to explain comparative advantage involved England and Portugal. In this example, the two countries produce cloth and wine. However, Portugal is more efficient in the production of the two commodities compared to England. England needs 100 hours to produce a unit of cloth and 120 hours to produce a unit of wine. Portugal on the other hand requires 90 hours to produce unit of cloth and 80 hours to produce a unit of wine. In this case, England requires 100 hours to produce cloth, which can instead produce an incomplete unit of wine. Portugal can produce a unit of cloth with few hours compared to England. However, Portugal must forego the production of more units of wine in order to produce a single unit of cloth. Although Portugal has an absolute advantage in the production of cloth, England has a comparative advantage in the production of cloth. In this example, England has a comparative advantage in the

SouthWest Airlines :: essays research papers

According to their main website, their mission statement is, â€Å"The mission of Southwest Airlines is dedication to the highest quality of customer service delivered with a sense of warmth, friendliness, individual pride, and company spirit.† This reveals Southwest’s true mission: To please their customers.   Ã‚  Ã‚  Ã‚  Ã‚  For their loyal customers, Southwest offers a â€Å"Rapid Rewards† program which gives the customers free tickets based on the number of times they fly with Southwest. Customers who make 8 round trips or 16 one-way trips receive a free ticket. Programs such as the â€Å"Frequent, Frequent Flyers-Companions Travel† offer a year of free trips to customers. Customers who make 50 round trips a year can designate someone to fly with the customer free of charge for an entire year. Award programs such as these show that they appreciate their loyal customers and that they are willing to take cuts, such as giving away free tickets, to prove to their customers that their patronage is valued.   Ã‚  Ã‚  Ã‚  Ã‚  Another aspect of their great customer service is their online travel booking center. The customer can rent a car and make reservations at a hotel all online. This allows the customer to thoroughly plan their vacation or trip. Since Southwest was a relationship with Alamo, Budget, Dollar, and Hertz, customers have the ability to pick what kind of car they will get upon arrival. By making friendly relations with other companies Southwest is making their customers’ job easier by consolidating all the necessities of travel under one roof. This shows that Southwest is willing to go the extra mile for their customers and do more than just provide transportation by air, but also transportation by land, and also accommodations at hotels.   Ã‚  Ã‚  Ã‚  Ã‚  As a part of their â€Å"low fares, no frills† campaign, Southwest does not offer any in-flight meals to their customers. They believe that by offering the bare minimum, so they can offer low customer rates. However during the flight they do offer complementary juices, cold drinks, and nuts to the passengers. They also encourage the passengers to bring their own meals on board for their own pleasure and convenience. Actions like this show the honesty of Southwest Airlines. Although they could make a sizeable amount of revenue by offering in-flight meals, Southwest allows passengers to bring their own meals so that the customer saves money.   Ã‚  Ã‚  Ã‚  Ã‚  A big part of Southwest’s game plan is cost reduction; this shows that Southwest is very customer-oriented.

Info Systems

Part I: True/False evaluation and Multiple-choice questions (0. 5 points/each question) 1. The overarching goal of information security is to ensure data integrity, availability, and confidentiality. 2. Managing security refers to a comprehensive set of activities that develop, implement, direct, and monitor the organization’s security strategy and activities. 3. The most expensive cybercrime are computer viruses. 4. Authentication is a means of providing proof of data transmission or receipt so that the occurrence of a transaction cannot later be refused. . The trend in computer security is toward policy-based management. 6. The core challenge of security management is ___________. a)Finding the right balance between shielding the organization’s main assets from potential harm b)Enabling staff to do their jobs c)Both a) and b) 7. Which of the following hacker tricks involves launching software that monitors all traffic looking for passwords or other valuable informatio n? a)Main-in-the middle b)Denial of service c)Trojan horse d)Network sniffing 8.Defining security policies and then managing and enforcing those policies via security management products and services is known as _______. a)Intrusion-based management b)Policy-based management c)Incident-based management 9. To protect against spoofing, firms need a way to ____________. a)Authenticate the identity of an individual b)Repudiate the identify of an individual c)Dispute the identity of an individual 10. To protect against hacking, companies install ___________ which controls access between networks. a)Virtual private systems b)Encryption c)Firewalls

I Really Enjoyed By Nella Larsen - 1319 Words

I really enjoyed â€Å"Quicksand† by Nella Larsen, it is a story about biracial woman, Helga Crane, whose mother is Danish and father is black man. Both of them are gone or dead, so she kind of have been passed around her whole life. As an adult she is looking for fulfillment and a place where she feels like she fits in. The title â€Å"Quicksand† gave me an idea about how the story works, Helga repeatedly decides to go somewhere to move on with her life and hopefully be happy, but she would eventually get pull back down into this feeling of discontentment, isolation, and invisibility. I think that one of the most important thing about the book is it covers the lack of space and invisibility for biracial individuals. For someone like Helga,†¦show more content†¦Another thing in the book that I really appreciated was a feminist perspective, Helga feels that if she were to ever get into a relationship and marriage, it would eventually ends with her having childre n; she has the fear of childbearing ending her life throughout most of the book. She keeps putting herself in situation where she can be in control, where she does not have to worry about letting a man or physical constraint to control her. Overall, I thought this was a beautiful story. 1) What might be the meaning of Nella Larsen’s book title â€Å"Quicksand†? 2) What is Helga’s take on maternity and motherhood during her era? I believe Larsen should be considered a major American writer because her work overlap between the Harlem Renaissance and the American Modernism. The primary idea of â€Å"Quicksand† is that Helga is pursuing her racial identity. She desires to create something fresh, something that is contrast from the stereotypes. Helga s quest for racial identity signifies the notions of race assumption in the Harlem Renaissance. It is a necessity for Helga to explore to improve her understanding of her identity through the perspectives of cultures. She acknowledges there is a racial factor, which exists in her consciousness and she does not attempt to conceal or refute it. Her presence demonstrates the interpretation of racial accepting as a fundamental part of her identity, expressing one of the core concepts of the