Pricing Strategy for Noreasters New Season in Springfield

To develop a pricing strategy for Nor’easter’s new season in Springfield, Larry Buckingham, the marketing director, relied on existing data from the League Sports Association and his own survey.Advertising We will write a custom case study sample on Pricing Strategy for Nor’easter’s New Season in Springfield specifically for you for only $16.05 $11/page Learn More The Association’s 2005 research examined the entire league market, making the data unreliable for drawing conclusions about the city’s minor league clientele. In light of this, Larry decided to conduct a survey to generate data for a better analysis of the market. In designing the survey, he consulted other minor league managers to learn their revenue generation models. Such information would help him formulate relevant questions for the survey. A preliminary test of the survey was conducted to evaluate how well the respondents understood the questions. Larry acquired the contacts of the residents from city’s national census and four firms. He mailed 10,000 survey questionnaires to a sample of the residents of which 625 responded. Since the survey focused on the minor league, Larry believed that its findings were representative of the market and thus, reliable. The research survey yielded multiple key findings. First, 21% of the fans attending Nor’easter’s match would opt for a one-game payment model while 11% will prefer a five-game package. Secondly, 31% of the fans would pay $10 compared to 27% and 22% who would pay $12 and $14, respectively, for single tickets. From these findings, Larry learnt that a large majority (highest percentage) of fans could pay more than $10 to watch one game, which implied that he could set a price higher than $10 for single tickets. For the 5-game tickets, respondents indicated that they could purchase them at a maximum price of $12. Additionally, grandstand seats were preferre d over bleacher ones, with a significant proportion (48%) willing to give an extra 10% to use them. The survey also revealed that 66% of the residents lived with young children.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In designing an effective pricing policy for the team, Larry must consider a number of factors. First, Nor’easter should sell a minimum of 300 full-season tickets to avoid exiting the Springfield market as the Falcons did. As the survey results indicated, most fans do not like purchasing full-season tickets. Another consideration relates to the median income of the locals, which stands at $31,000. This lower income makes them thrift spenders. However, the city is growing as more firms and financial institutions come in. Moreover, Nor’easter should consider ads and concessions as potential revenue sources. Larry should also consider the owner’s requirement that the team breaks even within a year. In view of these considerations, an ideal ticket-pricing plan should favor grandstand over bleacher seats because 48% of those interviewed reported that they could pay an extra 10% for them. In addition, as most residents could purchase 5-game tickets at a price range of $10 and $12, Larry should price them at $12 for the favorite seats and $10 for the less preferred ones. Considering the consumer interest in grandstand seats, this dual approach will enable Nor’easter to make a profit by targeting both client groups. Similarly, the organization should price full-season tickets and 20-game tickets at $6 and $10, respectively, as more people can pay $8-$10 for the former and $4-$8 for the latter. For the single tickets, a price of $12 and $14 for the bleacher and grandstand areas would be reasonable. Given the pricing plan stated above, the likelihood of the team breaking even within a year from the ticket revenues alone is slim. If it can sell above 75% of the tickets of each match, it may break even within that period. However, if ticket sales in each match are less than 75%, Nor’easter will need concession revenue to reach the break-even point.Advertising We will write a custom case study sample on Pricing Strategy for Nor’easter’s New Season in Springfield specifically for you for only $16.05 $11/page Learn More One approach Nor’easter can use to break even within a short duration is promoting the games to families. This segment spends more and visits sporting events regularly. Larry can also form partnerships with local enterprises to sell discounted group tickets to their staff. This case study on Pricing Strategy for Nor’easter’s New Season in Springfield was written and submitted by user GorillaMan to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Convicted Felon

Convicted Felon Convicted Felon Convicted Felon By Maeve Maddox A person who commits a felony is called a felon. A felony is a serious crime; what constitutes a felony differs from state to state, but in every state, crimes fall into three categories: infractions, misdemeanors, and felonies. 1. Infraction An infraction is a petty offense punishable by small fines. An infraction cannot result in a jail sentence, so the person accused of one is not entitled to a jury trial. In some states, a traffic violation is an infraction; in others, a traffic ticket may be a civil offense. 2. Misdemeanor A misdemeanor is a criminal offense that can be punished by up to a year in jail. Instead of receiving a jail sentence, offenders who commit a misdemeanor may be punished by the payment of a fine, restitution, probation, and/or community service. Defendants charged with a misdemeanor are entitled to a jury trial. In some states, selling cigarettes to a minor is a misdemeanor. 3. Felony A felony is the most serious category. A felony involves serious physical harm or threat of harm, for example, assault with a deadly weapon, forcing a person to participate in prostitution, attacking a family member, attacking a stranger, etc. Felonies are further classified according to the perceived level of seriousness: Class A Felonies, Class B Felonies, etc. Felons are often referred to in the media as â€Å"convicted felons†: Baltimore Convicted Felon Exiled to Over 9 Years in Prison Convicted felon bails on job Angry sheriff questions how convicted felon escaped again Convicted felon shoots dogs at Gulfport residence The AP Stylebook defines felon as â€Å"a person who has been convicted of a felony, regardless of whether the individual actually spends time in confinement or is given probation or a fine instead.† Once a person has been convicted of a felony, the person is a felon. As the AP points out, referring to a felon as â€Å"a convicted felon† is redundant. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Creative Writing 101Try to vs. Try andSentence Adverbs

Analysis of the Wife of Bath in Chaucer’s Canterbury Tales

Analysis of the Wife of Bath in Chaucer’s Canterbury Tales Chaucer opens the â€Å"Chaucer’s Canterbury Tales† describing twenty-nine people going on a pilgrimage. It can be recognized from the way people behave today, that they had a distinct personality. In comparison with the other people, Chaucer made The Wife of Bath stand out from the other characters.The Wife of Bath is described intentionally in a way to provoke a shocking response. Chaucer described her clothes, her physical features, and her past in a way that causes the reader to wonder if she fits the rules imposed by Christians regarding womanly behavior. By their actions, women were categorized as saints or sinners according to Christian tradition. The sinner or the saint were represented by two women. Virgin Mary, the mother of Christ, symbolized purity, while Eve was a sinner because she caused the downfall of all men. The Wife of Bath is a headstrong woman of her time. She wears ten pounds of clothes and a hat, showing off with pride her Sunday clothes. Her clothing symbolized that she isn’t shy and also shows off her expertise as a weaver. Chaucer chooses his words carefully to describe the Wife of Bath distinctly. Her facial and bodily features description is sexually suggestive. Chaucer’s description of the Wife of Bath should be noticed. In the â€Å"Prologue of the Wife of Bath’s Tale†, Chaucer describes her physical appearance describing her cloth, legs, feet, hips, and and the most important her gap-tooth, which symbolized sensuality and lust. He describes how talented weaver and devoted Christian she is. She goes on pilgrimages often. This seems quite unbelievable for the reader, but later the reader sees that actually, the Wife of Bath doesn’t go on these pilgrimages in due to religion. She just goes because she thinks that every place should be seen. She is a dedicated traveler, a medieval tourist who likes to sightsee.The Wife of Bath is a self-confident woman, she thinks highly of herself and her skills. It is ironic when Chaucer describes that she has a gap between her teeth. In the fourteenth century, the gap between the teeth was symbolic of sensual nature. She’s not interested in anything that has to do with homemaking, she’s interested in love. Chaucer said that she has been married five times: â€Å"Housbondes at chirche dore she hadde five†. She knew all the â€Å"remedies of love†. One other important element in her description is that she is deaf in one ear. In both â€Å"The Prologue of the Wife of Bath’s Tale† and â€Å"The Tale of the Wife of Bath†, she discusses virginity, marriage, and the question of sovereignty. The Wife of Bath is a strong-willed woman, and also a dominant woman who gets what she wants when she wants it. She doesn’t know the term â€Å"defeat† no matter what the cost and consequence. She thinks that men should obey her. She doesn’t want to be told by others what to do, especially by a man. She shows her power-thirsty attitude when she says: â€Å"In wifhood wol I use myn instrument as freely as my Makere hath it sent. If I be dangerous, God yive me sorwe: myn housbonder shal it han both eve and morwe whan that him list come forth and pay his dette. An housbonde wol I have, I wol nat lette, which shal be bother my dettour and mt thral, and have his tribulacion withal upon his flesh whil that I am his wif†. She uses her body as a weapon, and she says that she owns he r husband, who owes her. She thinks that her husband should bow to her because she is his wife. The Wife of Bath considers that experience is authority, and she was married five time, so that makes her authoritative. She uses the Bible as justification of her behaviour, even though she is not religious. She describes her lives with her five husbands, and also how she had control over four of her husbands saying â€Å"I governed hem so wel after my lawe†. Later, she says â€Å"For God it woot, I chidde hem spitously†. She says that she is doing this for God. The Wife of Bath is thirsty of attention, sexually and as a person as well. She is upset when her fifth husband is interested more in books than in her. It seems that her fifth husband excite her because the Wife of Bath likes challenges. She rips pages out of her husband’s book about how bad women are. Her husband gets angry, and he hits her, and she becomes deaf. After, she tries to make him feel guilty pretending that she is dead. She doesn’t try to make him understand he made something wrong, she just tried to achieve power and authority, which she gained. The Wife of Bath doesn’t care about changing the world for the benefit of other women. She is not fighting for the rights of women, who are subordinate to men, she is not a feminist. She is experienced and she says she knows what pleasures men. She gives men what they desire, meaning sexual pleasure from her. She’s not fighting for the liberation of women. It’s a non-feministic view. She is manipulating men with the help of sex, just as men do to women. She believes in sexual freedom. It goes against feministic beliefs, giving men what men desire. The Wife of Bath has the choice of not giving the men what he desire, but she gives anyway men what he desires, because she experienced sex before and she knows that men enjoy it. It confuses the reader because it goes against feminist way. Firstly, the reader thinks that she is feminist and that she tries to win women freedom. She said that men are suffering because of women. She is selfish, filled with a hunger for se x and control an all men.I cannot relate to her because she is an extremely selfish, power-hungry, and immoral women. The Wife of Bath’s character focuses on craving for sex and impuls to give men pleasures through sex, to give men what men desire. I think that even in our modern society, no one will think that her actions are justified.

Comparison of economic efficiency of the model of perfect competition Essay

Comparison of economic efficiency of the model of perfect competition with that of monopoly markets - Essay Example Moreover, their ability to exploit economies of scale also allows them to sell their products at very low prices which are often less than the cost price of other sellers, thus allowing the larger companies to easily drive them out of the business3. However, monopoly seller, as mentioned earlier, is highly likely not to satisfy the complete demand for its product so that it could charge a premium price. Therefore, the monopoly seller fails to take the full advantage of economies of scale, unlike many firms in monopolistic, perfectly competitive and oligopolistic markets4. Other than technical, allocative and productive inefficiencies, monopolies are also likely to be X-inefficient. American Economist Liebenstein argued that regardless of the level of production, monopolies are always X-inefficient because of the absence of competitive pressures5. Therefore, there costs of production are always higher than it would be within perfectly competitive on even monopolistic markets. The same is true because monopolies sellers are most likely to own technologies, assets, and machines that are not operating at their fullest or which are not needed. Furthermore, they are also likely to overpay people, thus leading to cost inefficiencies6. In presence of competition, firms spend great deal of time and energy over ensuring that they decrease their costs to utmost possible. Consider the example of the US airline industry where strong competitive pressures have forced companies to seek more cost effective pressure. Competition forced Southwest Airlines to create a new business model aimed at cost effectiveness where the company flies its aircrafts for more than 11 hours a day, uses same aircrafts for reducing maintenance and training costs, flies short haul, uses dynamic...This paper is an attempt to explore the economic efficiency outcomes of monopoly markets with that of perfect competition markets. Furthermore, the paper would also attempt to present a possible government policy to improve efficiency within the markets. The focus of policymakers should be at creating policies and programs that facilitate competition within various markets, especially within monopolies markets. However, policymakers should draw a line for their intervention. Even in the worst times, direct government intervention or control is not a viable long-term option for creating efficiency because not only it is inefficient but ineffective. The only policy that governments should pursue is to ensure that monopolistic and oligopolistic markets could move towards a perfectly competitive market. Interestingly, in many cases, it is the existing government policy and structure, which creates the costs and hurdles for new entrants to enter into the market. Therefore, governments all over the world should try to follow the economic models of countries like Hong Kong, Singapore, Australia, New Zealand and Switzerland where the government intervention within the markets is minimal. Furthermore, the cost of starting up a business, running the business and winding up the business are also much lesser than the rest of the world. The focus should be on reducing the excessive costs and time required to start, operate and wind up a business, opening up borders to other companies, facilitating free trade and research and development.

Rivane Neuenschwander Term Paper Example | Topics and Well Written Essays - 1250 words

Rivane Neuenschwander - Term Paper Example Rivane Neuenschwander Every visible form is capable of suggesting some deeper meaning to an audience at varying levels of meaning regardless of the intentions of the artist. This is because art is not perceived to be the static element it was once considered just as the audience is no longer thought to be merely passive observers. Instead, it is a constant interaction between the artist and the viewer, between what the artist created and how the viewer interprets based on his or her own experiences, understandings and context and how the ‘canvas’ interacts with the element of time and the various forms of media available today. The postmodern movement, with its emphasis on illuminating the sublime, brought these ideas to the forefront leading eventually to today’s trend to engage more of the viewer’s senses in this interaction. Rather than simply paint on canvas or a marble sculpture, art today often involves a number of different elements including some consideration of the element of time and audience reaction/interaction. For this reason, it is often possible to walk into a museum of modern art and be confronted with scenes that confound the senses but do not necessarily conform to traditional general concepts of art. In the artwork of Rivane Neunschwander, for example, knowing the history of the artist or the art form and the creative process involved in making it can help to pave the way toward understanding or even participation. Once these elements of the work are understood, a greater appreciation for the work can be achieved and analysis can be more complete.

Gangsters in Malaysia Essay Example for Free

Gangsters in Malaysia Essay Longman dictionary 2005 defines gangsters as member of violent group of criminal. Gang Identifiers and Terminology, Cantrell, Mary Lynn, Journal of Emotional and Behavioral Problems (1992) defines gangsters as organized crime that Bootlegging activities such as importing or making illegal liquor and speakeasies where alcohol could be illegally purchased gave rise to rivalry that resulted in hired gangs of criminals and gun battles. Thompson, Tony. Gangs: A Journey into the heart of the British Underworld. (2005) London defines gangsters as a member of an organized group of criminals or racketeers. http://www.urbandictionary.com/define.php?term=gangsterism (2004) defines gangsterism as Subscribing to a course of action reminiscent of organized crime. Acting or conducting business in a way that is violent and totally without conscience. Acting like a gangster/thug/hoodlum. Running business or holding a high government position with the help of hired guns, intimidation and the occasional assassination. wikipedia.org/wiki/Gangsterism (2009) defines gangsterism as a gang is a group of people who, through the organization, formation, and establishment of an assemblage, share a common identity. In current usage it typically denotes a criminal organization or else a criminal affiliation. History of Criminal Gang in Malaysia Who Are the Triads Identified? article at mynewsfocus.com (2005) stated that it is believed that Sio Sam Ong which literally means Three Little Emperors is a leading Chinese triad in Malaysia was established during the 1940’s to 1950’s; being mainly active in northern Malaysia. According to Wikipedia, A wide variety of historic gangs, such as the The Order of Assassins, Adam the Lepers gang, Indian Thugs, Chinese Triads, Snakehead, Japanese Yakuza, Irish mafia, American Old West outlaw gangs, Russian mafia and Italian Mafia crime families have existed for centuries. One of notorious gangsters in Malaysia was [2]Mamak Gang which has been active since the early 1990s. Gangsters Behavior and Activities The Star wrote in its article about Gangsterism, Gangsters are a threat to society and you can be considered a gangster if you are involved in any of these activities: Extort money from shop owners, hawkers and the like. Receive payment for threatening others or to beat someone up. Protect/cover-up gambling, prostitution, and drug trafficking syndicates. Ransom people for money. Be a part of organized crime. Force anyone to join a gang and its illegal activities. Attend a gang’s swearing-in ceremony. Engage in â€Å"table talk† or a fight with other gang members. Beat people up or destroy property of those who refuse to follow the gang’s commands. Gangsterism Amongst Youth in Malaysia [3]Yayasan Da’wah Foundation Malaysia (2007) in its article about â€Å"gangsterism amongst youth†, it is indeed saddening to witness our children change from a loving person, obedient and loyal to a person that likes to hurt, bully, shout, ill mannered, aggressive, rude and could not care less about others. They are involved in gangsters since their early age. There is a case where a father from Seremban called in the police and accused them of holding on to his son. That is the only thing that he could do. Just imagine how painful it was. Each group of gangsters have a symbol and of their own. It does not matter whether they are new or whether it is relevant the world of gangsterism, they all have a logo, a signal or a sign of their own. If you child waves to his friend in an explicit manner, be warned. Other than that, absenteeism from school maybe one of the indications that they have joined a gangsters organization. Internal Security Ministry Parliamentary Secretary Datuk Wira Abu Seman Yusop in an article by Daily Express on Wednesday, July 28, (2004) said that the Emergency Ordinance (Public Order and Crime Prevention) 1969 can be enforced on students involved in extortion and gangsterism. [4]Datuk Wira Abu Seman Yusop also commented that there were 1,502 cases in 2000, 1,324 cases in 2001, 1,136 cases in 2002 and in 2003 1,429 cases were reported. Among crimes usually committed by students were murder, robbery, rape, housebreaking, theft, using force, molest and receiving stolen property. In 2000, there were 1,152 cases involving students aged between 13 and 15, and 1,398 cases involving student aged between 16 and 18. The police always made efforts to overcome the problem of crimes among students by giving lectures and holding exhibitions at schools to increase student awareness on crimes and drugs and encourage students to join [5]Police Cadets to enhance their discipline and launch special operations to check unhealthy activities at entertainment outlets. Ways to Prevent Gangsterism Yayasan Da’wah Foundation Malaysia (2007) in its article about â€Å"gangsterism† amongst youth stated that several ways to prevent gangsterism. Studies indicate that the prime cause for children joining gangsters today is due to being able to collect money easily; to acquire drugs and to see protection. Some youths are bullied into joining. If they are afraid, or feel shame and easily bullied, their friends may threaten them by saying, â€Å"If you do not join our group, watch out! However if you are together with us, we will protect you and we will make you rich and feared!† Love Your Children. Just because he has made a mistake, do not leave him to fend for himself or to allow him to go astray. He will become more involved in social crimes. Just reflect over having a child delivering drugs for a group in comparison to your friend’s child who ends up becoming a doctor. You will most certainly ask as to where did you go wrong? You are only wrong if you neglect the well being of your child. Self-Confidence. Instill within your child with something that can never be changed, notably, confidence in himself. It has been proven that children that possess a high degree confidence in themselves are not involved in gangsterism. Parental Love. Parental love from the very beginning is very important in the shaping of your child’s future. If there is little love at home, then it will be sought off elsewhere. The same is applicable to money. If they do not receive it, they will seek it elsewhere. Make sure that you always are concerned and observe who your child mixes with and know where he is every time. If he has a cell phone, check if he has switched it off so that you c annot call him.

Defining Community Essay example -- Definition Essays

Defining Community Before studying the definition of a community, one might associate the word with life back in their hometown.   After reading through the definitions of community in numerous dictionaries, it is clear that community is so much more than the place you grow up in. It is interesting that the definition of one word could change so drastically over a decade. According to A Dictionary of American English, (1847) the definition of a community is â€Å"a communistic or socialistic society.†Ã‚   Although it isn't hard to identify the idea of each definition, they are extremely different.   The definition of community from 1874 mentions communism.   This is interesting because many people would not think of their community in terms of communism.   Community is such a friendly word, where as communism is not. It is understandable that some may see some form of communism when thinking about their community. Take West Bloomfield, for example, although the government doesn’t exactly control the economy, it is known to be a wealthy area, filled with the elite people who can afford t...