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Finance in my life, Why study Finance
Finance in my life
Name
Institution
Finance in my life, Why study Finance
Why study Finance
From a micro point of view, finance is a practical application of economics. Financial system highlights how we an individual as well as an economy allocate money to the highest valued use. From the English language it’s a focus on how individuals, businesses and governments raise money essential to do business. After studying various topics in finance, it comes to light that finance assist in answering questions on corporate life and personal life. In the corporate sector finance answers questions such as how do business finance operations? And how can financial techniques improve decision making in an organization? In order to answer this questions financial studies elaborate on strategies, portfolio planning and manufacturing which are all crucial topics in the operations of most firms. In relation to personal life, financial studies mainly focus on questions relating to how individuals should invest money (Fred & Eugene, 1972).
Finance as an academic course provides a good framework to understand the key functions of finance. It also focuses of the key concepts in finance which are important in carrying out economic, accounting and business functions. To better understand these major life concepts, the course develops a baseline to introduce financial instruments and a chance to expose financial techniques. Some of these techniques include financial markets, international marketing and corporate financial tracks which are not only essential in the private sector but also crucial in trade markets. Further, finance study provides basics required for efficient payment processes required for exchange of goods and services. It also consists of major topics that assist in providing mechanisms required for economic transfer of resources. Transfer of resources affects issues such as life cycle allocation meaning that the topic provides analysis of consumption and savings which are crucial in today’s economic stability. It also brings light to various ways of efficient allocation through specialization which to allow maintenance of priority list and resource maximization. On further understanding on the topic, broader topics on strategies of pool funds for large scale project and management of uncertainty beneficial for risk bearing are better understand. With the wide knowledge that finance handles I strongly feel that the course is beneficial to my life and to the achievement of my career goals.
Application of finance
Similar to all business, we all require money. Money is essential in attaining basics like food, clothing and shelter also be also want more money to attain great things in life like big cars, computers and so on. Therefore, since money is needed by all paying close attention on how to get it can be a big plus to our lives. Finance in this case come in and assists us to get more of it, it provides knowledge on how to get it as well as how to utilize it better. (Lawrence, 2003) From a personal point of view, finance study is essential to me if I decide to earn money by opening up a business or by getting employment from another company. Because I hope to open up a business to increase my income finance skills gained from the course will assist to improve resource management skills for my business, reduce and properly handle risks. It will also provide clear understanding on the possible ways of investing and reinvesting after profits have been raised and besides provide possible ways of raising funds such as capital and expansion resources. Further, since I would also like to better my career by working in a reputable company, financial studies gained from this course and other related financial trainings. Will not only help me land a good job and maintain career development but also assist me in understanding what my senior expects of me. As a an excellent employee, financial skills will also basis of understanding every side of a transaction hence beneficial in understanding job descriptions and evaluation as well as personal transactions ( HYPERLINK “http://en.wikipedia.org/wiki/John_C._Hull” o “John C. Hull” Hull, 2000).
Further, understanding financial concepts will also assist me in other areas such as tax reduction. It is evidence that taxes take about 40 percent of an individuals’ income, therefore understanding the various ways of tax reduction will a major step to reducing the tax burden. There are several stories in the news today of successful persons who have gone broke, I strongly feel that one of the main reasons as to why this happens is making of poor investment decisions. Therefore, understanding financial concepts, techniques and expected outcomes will minimize my chance of facing major financial crisis in future. Rather than financial crisis, there are other challenges in life that are brought about by lack of proper money handling such as friendship crushes, marriage ruins, poor health over money worries and so on. Financial knowledge will provide a good basis on how to minimize these issues and also provide faster solution in case they seem to happen. Retirement planning is one of the major topics in a financial course (Glasserman, 2003). Finance argues that it is essential to invest for our retirement. Bottom line, finance trends to touch almost every stage of our lives beginning with provision of basic needs, career development, comfortable living and retirement. Therefore, study of finance is not only important because I do not want to worry about cash but also because it assists in preventing common life problems.
References
Glasserman, P. (2003). Monte Carlo methods in financial engineering. Springer-Verlag
Fred, W. and Eugene, B. (1972), Managerial Finance, Dryden Press, Hinsdale Illinois,
HYPERLINK “http://en.wikipedia.org/wiki/John_C._Hull” o “John C. Hull” Hull, J. (2000). Options, futures and other derivatives (4th ed.). Prentice Hall
Lawrence, G (2003), Principles of Managerial Finance, 10th edition, Addison-WesleyPublishing.
Identity Crisis in Star Wars
Name
Professor’s name
Course
Date
Identity Crisis in Star Wars
Introduction
Star Wars is a 1977 American epic space-opera multimedia franchise that was created by George Lucas. The film, which started with eponymous film that was showcased in 1977 quickly renowned as a global pop-culture phenomenon. The first-ever Star War Series opening points to the fact that movies the sequel will be about more than lightsaber fights and space chases. Eventually, the movie turned out to be a multibillion-dollar franchise that spanned several decades across various multimedia platforms. The inspiration behind Star Wars was the post civil landscape of the 1970s and the movie Westerns and samurai films. Over the years, there have been claims of identity crisis in Star Wars. This essay discusses the identity crisis that is evidenced in Star Wars.
Today, the issue of identity crisis in Star Wars is relevant now more than ever. Star wars are not just about the political crisis; it also brings into perspective the microcosm of American politics that is best described as exhausted, tribal, and fractious (Campbell and Gigi, 37). It points to a perfect picture of the culture wars of the 21st century. The most recent three Star War Films are viewed as the final acts in the saga opera taking place in mainstage space. The three films have presented a confusing message about mainstream primary candidate from the Democratic Republic Party. The film is ambivalent concerning technology, just like a millennial that is stuck in a love-hate relationship with her iPhone or an old-timer in a cap writing “Make America Great Again” and hoping that factories get reopened any day. All these instances mirror the reflection of democracy issues that reflect identity issues. What makes Star Wars lack coherent narrative more than everything else is the absence of a coherent narrative. This is what has made the film subject of meta-commentary on matters pertaining to politics for the past five years.
Some of the action scenes in Star Wars have been inspired by combat from real-life combat encounters such as tank warfare, samurai sword battles, and high-flying dogfights occurring at a close range. Star Wars swayed from its initial narrative that it has always employed at a time when pop culture was also becoming increasingly popular (Guynes and Dan, 15). Pop culture became the lens through which political altercations took place. Some political conflicts are personal, and fandom is viewed as a religion. With the release of a new Star War Film comes a pan of breathless twitter-sourced stories about problematic fans threatening to boycott the fandom. At times the fans go to the extent of buying cast members from minority groups on social media. The new trilogy showcases proxy for America during the age of President Trump. Luke Skywalker, who is appointed the leader of the new generation of Jedi, is in another planet on a self-imposed exile for not living up to expectations. Hillary Clinton settled for Chappaqua woods without a spaceship. Ben Solo, son of Leia and Han, is pushed towards the First Order by the mentor. The mentor feared the dark side of his dreams and was the first patron saint of the pop culture. Disaffected young men saw themselves as unfair demons of the progressive left. Star Wars: Rise of the Skywalker has a plot twist where the Admiral Hux of the First Order is revealed as a secret mole for no other reason besides that he had lost total confidence in the temperamental Kylo Ren. The only thing that was missing was an op-ed reassuring the galactic public that the administration of the first order still had adults within the room.
Worth noting, the political identity crisis is not just about conservative vs. liberal, right vs. left, or dark vs. light sides. Both the fictional galaxy in Star Wars and society’s current political landscape seem to be trapped between wallowing in the previous nostalgia and finishing the lures of the progressivism concept of burning it all. While the concept of burn-it-all-down progressivism encountered a disastrous trial in the Last Jedi, the past nostalgia was not working either. The uneasy relationship with the franchises that followed and the advances in technology was a sign that the present political landscape is not working. The thrilling spectacle of rebels navigates the X-wings in the turny and twisty trenches of the deaths Star before the well-timed torpedo incinerates at its centre. After 40 years, the opening sentence in the Last Jedi, resistance bombs close in on the First Order in closing in a planet that houses a rebel base hence losing countless resources and lives in the process.
While combat technology has not evolved a great deal in the Star Wars world, the rest of the world has been revolutionized by unmanned drones and targeted missiles. This makes the kick off The Last Jedi less out of place essentially because it seemed like a suicide mission. A few centuries back, in 1977, it seemed impossible to detonate enemies from numerous thousands miles away (Canavan, 14). It was only something that seemed possible in the movie game. However, in the current 21st century it is all about how Former United States President and Nobel Peace prize winner decided to wage war. American military operations no longer took the form of countable plucky pilots that are standing up against organized, massive and military-industrial machine. Society is the machine, a uniformed leadership wits its finger on the button, waiting to obliterate enemies from space.
Despite Star Wars ignoring modern drone warfare, it does a great job of dramatically swinging in the opposite direction in matters pertaining to anxieties raised on the internet. In the current world, bots ignite chaos in social media platforms and the use of artificial intelligence sex dolls also raises consent controversies. The film also showcases the inconsistencies in the treatment of droids which is rather distasteful. In Star Wars; Rise of Skywalker plotline, C3PO denies the resistance critical information due to a problem with his programming (Wetmore Kevin, 29). The droid is not able to translate inscription drafted in Sith. It almost feels like a warning concerning the issues with suppressing speech. Silencing their enemies is not an option as it leaves heroes ignorant of how they can beat them. The only way to recover critical information is a hack that also wipes clean the memories of C3PO and decades worth of relationships with comrades he once had and information that the memory has.
In closing, Star Wars is the perfect example that showcases the identity crisis that exists in society. Starting of a movie about spaces chases and lightsaber fights, Star War slowly evolves into a multi-billion dollar franchise that spans decades. Inspired by postwar landscape of the 1970s, Star Wars showcases identity crisis in governments and historically perfectly.
Works Cited
Campbell, Joel R., and Gigi Gokcek. The final frontier: International relations and politics through star trek and star wars. Rowman & Littlefield, 2019.
Canavan, Gerry. “Hokey Religions: Star Wars and Star Trek in the Age of Reboots.” Extrapolation (2017).
Guynes, Sean A., and Dan Hassler-Forest. Star Wars and the history of transmedia storytelling. Amsterdam University Press, 2017.
Wetmore Jr, Kevin J. The Empire triumphant: Race, religion and rebellion in the Star Wars films. McFarland, 2017.
identify_product__marketing_mix
Assignment 2
Affiliation
Student’s Name
PepsiCo Incorporation-Mountain Dew
PepsiCo is a multinational company in the United States, New York that was formed through the merger of the Pepsi-cola company and the Frito-lay incorporation. It deals with manufacture, marketing, and distribution of the soft drinks among other products. It is the second world’s largest producer of the non-alcoholic beverages and offers a broad range of non-alcoholic beverages among which is Mountain Dew, Mirinda, Pepsi and the Tropicana. Concerning mountain dew that makes about 80% of the American soft drinks market, it is a carbonated and non-alcoholic drink with a high amount of sugar developed and established to the American market in 1964 currently differentiates into diet mountain dew, citrus, and red mountain dew.( PepsiCo,2007).
Mountain dew marketing mix
The marketing mix involves the four P’s namely, product, price, promotion, and place that play a significant role in the commercialization of the mountain dew. The marketing mix enables PepsiCo to cope with the major competitors like coca-cola company. Concerning the product, mountain dew is made from the modern innovation and differentiated into various flavors to meet the customer’s needs depending on their taste and preferences hence the varieties enable the customer to make a choice. The packaging and slogan on the mountain dew bottle aimed at attracting the clients and bottled in different sizes. Pepsico adopts the competitive pricing strategy, which suits the current market just like competitors like coca cola. It bases its pricing strategy on the locality, takes the market prices of other soft drinks, and sometimes adopts a relatively lower price to maintain its market share.
The company engages into various promotion strategies to increase the awareness and sales volume of the mountain dew, which includes, social events like the road shows to get feedback from consumers on the product and advertisements in social media and television formulated to attract the adventures, and sports personnel. The company adopts the intensive distribution of the mountain dew brand by engaging in wholesaling and retailing as well as direct to the customers to make the brand available to all customers within all geographical areas. (West,& Ford,2015).
Socially responsible issues related to the marketing of the mountain dew.
The primary social responsibility that comes with the marketing of the mountain dew is the provision of the quality and wide varieties of drinks to the customer especially the sport and adventure personnel. Due to the higher amounts of sugar and caffeine in the drink that provides sports personnel with required energy at affordable price shows that the company cares about its customers. Also, PepsiCo understands the needs of the users and provides what the customers need as well as maintaining its actual value in their marketing.
References
PepsiCo Inc. (2007). Company History 4(3), 225-225. doi:10.1002/div.6095
West, D. C.,& Ford, J. B (2015). Marketing strategies: Creating competitive advantage at the PepsiCo incorporation. New York