The History Of Bristol s Economy - 998 Words

The history of Bristol’s economy has undertaken a change in similar fashion to economic capitals across world, namely London, yet to a smaller extent (Bassett et al 2002). The transformation of the dockland region and subsequent development from the post war period has led this paper to focus upon the financial sector. Bristol’s past follows a parallel trend of dockland manufacturing centres post World War 2 that became involved into finance because of temporal changes. Degeneration was led through the absence of new port proposals that fell through from the Labour government, leading to the rise of other economic sector to facilitate growth (Hoare 1986).The research undertaken in this paper is specified to the numerous accountancy firms scattered across the city centre (Figure 1) and narrowed to the largest four firms: PricewaterhouseCoopers (PwC – Figure 2), Ernst and Young (EY – Figure 3), KPMG (Figure 4) and Deloitte (Figure 5). The change in economic geography of Bristol can be exemplified from the expansion of these financial services to promote new functions within the economy. Historically, the financial sector of Bristol was a result of the redundant industries of the manufacturing sector of the ports in the 1960s. During the 1970s change was beginning to occur with 57% of Bristol’s 0.5 million population employed in the financial district of some form. The development of the office work environment was a consequence of the movement of the finance insuranceShow MoreRelatedInternational Monetary System And Its Effects On The Economy1147 Words   |  5 Pages Worldwide Alternative Currencies Throughout history, economic crises have emerged continuously. According to the International Monetary Fund, in the four decades between 1970 and 2010, there were no fewer than 145 banking crises, 208 monetary crashes, and 72 sovereign debt crises. This adds up to a total of 425 systemic crises across the world (Lietaer 3). These crises are caused because of the way the world monetary system has been set up. With debt being the basics of the current monetary systemRead MoreSlavery Was Considered Acceptable And Licit984 Words   |  4 Pagesis essentially deemed unethical and criminal in many countries, including the United States. However, at one point in American history, the exploitation of slavery was considered acceptable and licit. The existence of slavery was justified by the massive positive benefits reaped by the American economy, particularly in the South from 1619 to 1851 (Horton 7). In an economy so excessively dependent on the use of slaves, the abolition of slavery cre ated fear of severe turmoil in the South, but did notRead MoreStructure of Travel and Tourism Industry in City of Bath5367 Words   |  22 PagesHistory and structure of travel and tourism industry Case study of Georgian Spa City of Bath Abstract This study is focused on the history and structure of travel travel and tourism industry in the City of Bath. It analyses the effects of the industrial revolution in the City of Bath and its stages of development and it gives a brief note on importance of factors facilitating growth like technology, infrastructure, social condition and analyses in its conclusion theRead MoreCoca Col The World s Largest Manufacturer And Distributor Of Beverages1346 Words   |  6 Pages COCA COLA RAJANBIR SINGH BRISTOL UNIVERSITY Abstract Coca-Cola is the world’s largest manufacturer and distributor of beverages which sells over $24 billion products in 2006 in more than 200 countries. Under Roberto Goizueta who was president and chairman from 1980 to 1997, the company became high growing company. The Coca-Cola’s market grew from 4.3 billion to 180 billion. But after his death in 1997, the company growth declined under 115 billion. Coca-Cola needs a blockbusterRead MoreLeading Fmcg Product Using Psychographic Segmentation2195 Words   |  9 Pagestracing right back to 1824. It s a fascinating story of industrial and social development - the story of a small family business growing up, and joining with others, to become an international world leader. A story of technical invention and secret recipes, marketing savvy and the creation of great brands. A story of people who are passionate, principled, pioneering and just love confectionery. Cadbury is a British-based confectionery company, the industry s second-largest globally after theRead MoreChildren Working In The Factories during the British Industrial Revolution1316 Words   |  6 Pageseconomically and socially. Since the revolution started, especially due to the Atlantic slave trade that brings tones of wools, tobaccos, etc which were demanded for industrial uses. In addition with many other factors the industrial revolution let the economy of Britain began to grow exceptionally fast and efficient. However there was problem with the manual work, all the raw materials and money are in place, but the factories demand man power. As a result slaves are taken to factories to work, and inRead MorePrivateering and its Impact on the American Revolution1709 Words   |  7 Pagesï » ¿ Privateering and Its Impact on the American Revolution Emma Utesch History 201-122 September 18, 2012 In the 1700s, a privateer was someone who was mandated by the government to attack ships from abroad during war time. 1During the Revolutionary War, privateer ships would receiveRead MoreA Child of the Jago by Arthur Morrison1665 Words   |  7 Pageswhich the working class experienced a relentless struggle against the harsh realities of social and working conditions. Moreover, in his paper The Working Class in Britain 1850-1939, John Benson highlights the disparities between the poor and the economy during the era as a result of the Industrial revolution and urbanisation(Benson, 2003,p.30). Although, Bensons argument is valid when focusing on a social novel such as A Child of the Jago; because through his childhood the protagonist Dickie PerrotRead MoreAnalysis Of The Movie Hoot 1968 Words   |  8 Pageskids learn about the owls and make it their responsibility to make sure that the pancake house is never built and the owls be protected. The company feels as though they have t he right to build on the property because they will be boosting the local economy, providing new jobs to the area, and pursuing their own financial interest. This poses the questions of where the line should be drawn between preserving the environment and promoting business. There are conflicts everyday between business and environmentRead MoreWhy Young Minds Are Better Served1798 Words   |  8 Pagesbeen progressing in the UK for many decades (Cowling, 1998). There are facades of the [usually amicable] argument that occasionally present themselves in the public eye, such as in notorious â€Å"University vs Polytechnic† sporting battles (History: ‘Battle of Bristol’, 2013), but beyond what is seen as entertaining, there remains a crucial and pertinent discussion to be had – is there one clearly ‘superior’ way to be educated? Are academic qualifications superior to their vocational ‘counterparts’? Is

The Three Stages of Alzheimers Essay examples - 1402 Words

Alzheimer’s is most likely formed by other symptoms called dementia. Dementia is not an actual disease, but has a vast range of symptoms which are precursors to many types of diseases. When dementia is detected in an individual their memory tends to decline and it becomes a hassle to complete everyday duties. When diagnosing individuals there are a series of steps taken in order to see if the individual progressed to dementia and also which disease caused those symptoms to take effect. These stages are preclinical, mild cognitive impairment (MCI) and dementia. Within the preclinical stage there are three sub-stages that deal with protein, plaque buildup in the brain called beta-amyloid. The symptoms for this stage are undetectable. Stage†¦show more content†¦When studying individuals, researchers first categorize them within these three stages. Tests are performed in order to diagnose their symptoms and later to see which stage they are categorized under. If they happ en to be under the MCI stage then researchers diagnose those individuals and see if they are more likely to stay at the MCI stage or move on to Dementia or Alzheimer’s disease. The initial stage in the process of Alzheimer’s is known as the asymptomatic â€Å"preclinical stage†. One of the undetectable symptoms in this stage is memory loss. (Harvard Health Newsletters). For example it gets harder for some individuals to remember what they wanted from the grocery store. At this stage it is very hard to diagnose anything. Since the ¬Ã‚ ¬e symptoms have not been fully developed, it makes it harder for the researcher to diagnose these individuals. The researchers may have to wait awhile until the symptom’s become worse or they can use what are called biomarkers to detect any signs of disease in the body. However with the use of biomarkers, which are â€Å"a measurable substance or condition in the body that can indicate the presence or absence of a disea se,† (Harvard Women’s Health Watch) the researcher has the ability to figure out if the person has gone through the preclinical stage andShow MoreRelatedAlzheimer s Disease Is The Most Significant Risk Factor1074 Words   |  5 PagesAlzheimer s Disease Abstract Alzheimer’s disease currently represents the second leading cause of death in people older than 65 years residing in the modern world. (1) Census records attest to this assertion, which has prompted medical researchers to further investigate the etiology and course of development of the disease in order to better treat the debilitating condition. 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Social Responsibility with Company Q free essay sample

Social Responsibility within Company Q ? Social Responsibility within Company Q Daniel R. Beckerman Western Governors University WGU Student #000322976 For any given business, the greatest potential for revenue growth can be found through a mix of focusing on providing for the shareholders, as well as thinking of the stakeholders as a whole. This means focusing past short term profits and creating a plan that demonstrates a measure of social responsibility. Business reputation goes a long way towards creating how large a company’s customer base is going to be, and giving the appearance of not caring about the community can lead to a loss of customers and a loss of additional revenue in the long run. Focusing purely on the current bottom line may provide a short term boost to profits, but as a poor reputation spreads, the loss can only continue to compound. According to Ferrell (2013), four levels of social responsibility exist, these being economic, legal, ethical, and philanthropic (p. 39). Any business must focus on the bottom line in part to succeed, but ethical practices and philanthropic attitudes can help make one business stand out among a litany of businesses all offering similar, or even identical, products. ? ? Company Q is an example of a company focusing largely on the current bottom line, while ignoring the long term potential of practicing social responsibility and philanthropic work. Two stores were closed due to losing money from operating in high crime areas, while other stores began to sell high margin items. These are products that fit a certain niche in certain markets, no doubt helping to boost local revenue in the more high class areas, but without appeal in lower income neighborhoods. A worry over lost revenue and fraud lead to the decision to not donate day-old products to the local food bank. Employees could potentially steal food, claiming to be taking those products with them to donate. All of these practices are sound ideas when focusing on a pure economic market free from social influence or swings from changes in reputation. In the real world, however, even giving up a small portion of revenue can boost a company’s reputation and lead to greater spending on the part of the consumer, bringing in the long term profits that benefit not just the shareholders, but all stakeholders involved in the company. ? ? One of the first issues the company should analyze is the decision to close down stores in high crime areas. While theft and low income consumers bring the possibility of providing only moderate revenue gains, if not a loss, operating in impoverished areas can also be a source of growing potential for the business. Many companies advertise philanthropic missions, such as donating to charities every year or helping to provide for the families of their employees. While these are messages that consumers hear, a more powerful message can be the one that the consumers themselves see. Rather than closing down those stores, Company Q should focus on the reasons for the high crime, and offer ways to reduce that crime rate. Offering work programs that help prepare young people for management or skilled positions is a good way to take crime off of the streets while showing to the community that the business cares about the welfare of the population. This can help bring in a group of potential profit earners for the company while at the same time reducing crime in the stores and the surrounding neighborhood. The improved reputation could only serve to bring in shoppers who are more prone to visit the larger and cheaper chains such as Walmart. While this will incur immediate liability costs as the plan is enacted, the end result benefiting the shareholders is a cheaply trained future leadership staff, an improved reputation for the company as a whole, and a long term boost in the number of shoppers who visit their stores. The choice to focus on high margin items in all of their stores is another area that should be addressed. Consumer demand influences the products that businesses choose to sell, but demand is variable based on location and the income levels of the surrounding area. Poorer neighborhoods will not show an appreciation for shelves stocked with high priced items, while wealthier areas can be more interested in upper-value products. Meeting the demands of a specific area, rather than adding those high-margin items to every store, is a way to show the community that the business is there to cater to their needs. Part of demonstrating social responsibility within a business is to show that the business is really listening to the consumer and the needs of the neighborhood. Finding low priced alternatives for brand name items and selling those in the lower neighborhood markets can give the appearance of being an affordable, caring chain. Similarly, stocking shelves with brand names and items that fit the expensive tastes of more upper class neighborhoods shows that the business is ready to meet the demands and cater to the upper income spenders as well. What remains important is to differentiate the company’s product lineup based on location and needs of the local consumers. ? ? One of the easiest ways to show that a business cares about social responsibility and the community is to be willing to provide for that community, even at a loss to revenue. While it may appear that revenue is being sacrificed for the greater good, the reality is that the increased reputation can lead to greater consumer spending, turning a revenue expenditure into a profit. An educated shareholder will understand that a short term expense is oftentimes necessary for long term gains. Company Q’s decision to throw away day old product shows a lack of understanding regarding short term cost versus long term gain. Day old product is written off as a loss for the company. Should an employee take it for themselves under the guise of donating to charity, there’s the possibility of that employee then not spending money on goods the business sells that he or she might have otherwise purchased. The loss for this would be extremely minimal, barely a fraction of the company’s needed revenue to justify that store’s location. Recognizing the potential for minimal loss through fraud but choosing to donate to charity anyway shows an act of social responsibility that can greatly boost a company’s reputation. The community is most likely to see a company that is willing to throw away profit if it means helping those in need, not everyone recognizing that the food is already chalked up as a loss. The perception of a company that is looking out for the community can not only boost consumer spending, but also has the potential to reduce crime within the company as those who steal may see those locations as places that should be protected within the community for the charitable work being done. Any loss from a minimal percentage of employee fraud should be allowed for the sake of actively engaging in the welfare of the community. The poor will know where the donated food comes from, and those who can afford to shop at the store are more likely to over choosing another company. ? ? Company Q stands to benefit from a strong reputation and a varied product line. To see these benefits, the focus needs to remain on benefiting the community at large and meeting the needs of each individual location. Crime can be reduced within the store by helping provide for the community and offering opportunities to help people work their way off the streets. Consumer spending can be increased by meeting the demands of the area while helping those who cannot afford to spend money on the goods the company sells. Any company would be wise to remember that quite often it is the poor who succeed later in life and become a company’s biggest investors. A focus on those in need is something that helps a company’s reputation for years to come, boosting profits in both the poorest neighborhoods and the wealthiest. Company Q benefits from having multiple active locations in place in varying income locations. Should the focus be on meeting the economic, legal, ethical, and philanthropic requirements of social responsibility, the company stands to be a responsible, reputable, and very profitable company. References Ferrell, O. C. Business Ethics 2009 Update: Ethical Decision Making and Cases. 7th Edition. South-Western, 2013. VitalBook file. Bookshelf. 17 March 2014