Descriptive Essay Special Vacation - 1057 Words

The not so special, special vacation. I have always loved going on vacation. Especially because this certain year we were going somewhere special. We left on a Thursday morning at 5 am, we drove for about two days (with MANY stops) then finally we made it to our gigantic condo in Tampa, FL. The condo seemed like it was a bazillion dollars it was very nice. By the time we got there it was Saturday, about 9pm. It was dark so we decided it was time to unpack and get ready for bed, a little while later we hit the hay and prepared ourselves for the adventures we had planned for the next day. Early Sunday morning we woke up and noticed it was sunny and 88 degrees, so we decided to go get our stuff on and head out to swim in the pool that†¦show more content†¦Holding on to the side I slid into the pool. I’m on the step walking to where there is a four foot drop off. I get to the end and reach as far out as I can. As I reach further and further I slide off the step. I slip under the water in a panic, I try to grab onto the side but I am too far away. I get myself above water for three seconds to try to get enough air in my lungs to scream out, but before I can scream I slip back under. Holding my breath I reach the top again, trying to yell same me. Save is the only word that comes out. I slip back into the water trying to say the word me but the only thing that happens is a mouth full of water gets taken in. My feet hit the bottom of the pool and I push myself back up. I reach the top once again to not even see my sisters but to see the neighbors that were in their pool. Clearly confused I slip back under. I try everything I can to turn back around to see my sisters so they know I am drowning. When I get back to the top I see them but to realize I only had enough time to take a breath and fall back under. I slip back in, but every time I come up I see my sisters, then my neighbors, then my sisters, then my neighbors, then my sisters once again. I fi nally take a deep breath go under once more then when I come up I finally get the words that I have been trying to get out to come out. â€Å"SAVE ME!† I attempt to treadShow MoreRelatedIdeal Society1408 Words   |  6 PagesEnglish 101 October 18, 2010 Descriptive essay Every human known to man has their own views on what an ideal society should be like. Society is defined as a body of individuals living as members of a community. Many scholars and well known authors like Dr. Martin Luther King Jr. and Thomas More express those ideas through public speaking or literary examples delivered to society. Although those ideas are just one person’s opinion about the subject matter. Others believe in the power ofRead MoreHuman Resource Management Reform in China Essay example4392 Words   |  18 Pages According to Robert M. Verburg, HRM methods differ across different cultures and Mark Easterby-Smith has argued that HRM is cultural sensitive. 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Progressives Free Essays

The term progressivism Is derived from people looking to make progress In the industrial age for the notion of a better life Progressives wanted To Limit the power of big business Improve democracy Strengthen social justice Origins of progressivism The era began with a new young president named teddy Roosevelt It ended when public attention was diverted away from social issues with the start of WWW Attitudes and motives Going into the turn of the century there were already great issues among the migration of new people. The large gap between rich and poor. Jim crow laws. We will write a custom essay sample on Progressives or any similar topic only for you Order Now And women’s suffrage added a great amount of fuel to the fire. People felt that the government was the correct vehicle to transport their Idea of social reform Churches were middle class people were the ones who really wanted reform. They were the doctors and the lawyers of the day. People such as Walter Reassurances advocated and used gospel to convey their message of helping the poor and reducing prejudice. Roosevelt for republican and Wilson for democrat favored public progressivism They believe in a guess and check system until the populous found a solution to the robber Scientific management was also and new idea advocated and invented by Frederick w. Taylor. Ender this Frederick Taylor timed a factory with a stop watch then took each section and devised a solution to make it run more effectively The Muckrakers Teddy referred to the investigative Journalists as much rakes (the Jungle was a popular one and brought the atrocities in meatpacking plants to the public eye) Ida Darrell rang a bell on standard oil Her dad was an owned an OLL refinery In which Rockefeller ran out of business. How to cite Progressives, Papers

Different Market Structures in Australia

Question: Discuss about the Different Market Structures in Australia. Answer: Introduction The number of consumers and producers operating in a market defines the type of the market structure. The four types of market structures are monopoly; oligopoly; monopolistically competitive and perfectly competitive market. In perfect competitive market, there are huge number of buyers and sellers who are engaged in buying and selling homogeneous goods and services. In the monopolistically competitive market, there are huge number of buyers and seller. The producer of this market slightly differentiate their products. In the monopoly market structure, there are only sole seller of a commodity or service that has no other substitutes. In the oligopoly market there are small number of sellers sells to huge number of buyers and engages in high competition among themselves (William 2016). This paper will discuss about the different market structure in contest of Australian market. Four big banks operate under oligopoly market structure; water supply authority enjoy monopoly power in th is sector and clothing and apparel has been selected as monopolistically competitive market structure. Market Structures in Australia Oligopoly Market The banking sector in Australia operates under oligopoly market structure. An oligopoly market is characterised by an industry dominated by few firms, who sell identical and differentiated products. This market structure has significant barriers to enter the market. The banking industry in Australia is dominated by four banks. The Commonwealth Bank (CBA); National Australia Bank (NAB); Westpac (WBC) and Australia and New Zealand Banking Group (ANZ) together have market cap of more than 400 billion dollars (The Sydney Morning Herald 2015). It accounts for more than 85% of domestic loan value. Though the market is highly competitive, but these four banks have high concentration over the market. The banking sector of Australia has highest barriers to enter the market, because of various capital and controlling necessities. Moreover, the barrier is because of the current market power that these four banks holds, due to which no other firm can even begin to compete with these Big 4 player s without high risks and costs. Hence, all these features of the banking sector of Australia can be linked with oligopolistic behaviour. The four banks can manipulate the market. The four banks are separate entity, but majority shareholders and proxy board members are same in these banks. The banks collude to form the cartel and maximize profits like monopolist. The banks repriced their mortgage books without shifting the official interest rates. This indicates the strong oligopolistic market structure in this industry (Stewart 2015). However, the government of this country focusing on reforming the banking sector by enforcing competition. This causes more transparency and allows customers to move freely between institutions. Monopoly Market In the Australian market, Water supply service operates under the monopoly structure in Australia. The Water supply authority of a region is owned by the respective state-governments; thus it is not a nationwide monopoly (NewsComAu 2011). Water is non-substitutable and has low consumer costs, thus it inherent monopoly. Government has restricted to enter this industry and this has made the water supply market monopolistic in structure. The restriction is created because; being it in the hands of private undertakings, the businesses could have benefit from escaping the fair cost. This would have created potential cost for this necessary commodity. To cut cost, the private business could have compromise the quality of water that is not reliable to be drunk. This eventually would have significant impact on the environment. The monopoly in this sector is sustained because, scarcity of water in this country. Therefore, water supply should be even in different areas and excess water will no t be supplied in order to maximize the profit, unlike competitive industry. However, recently, it has been debated to allow private companies to enter this sector. This is because; as water is scarce, more creator of water is required in this country. It is argued by the experts that allowing others to enter the market will make the market competitive and consumers will be benefitted by paying lower price for water. It is offered that private companies will develop new water supplies and will use the pipelines of the state government or other state-owned utility. This is because; establishing new water distribution pipeline all over the state requires huge investment. Therefore, water distribution is supposed to remain under state-owned authority and private firms will be allowed to create water sources for the citizens (Robins 2014). Monopolistically Competitive Market Apart from the firms operating under oligopoly and monopoly market structure, the rest of the firms in Australia are characterized as monopolistically competitive firm. The clothing and apparel industry operates under this market structure. Many clothing brands in Australia are engaged in competition in this industry. They compete with each other to maximize their profit. The clothing and textile firms produces identical products. These firms make their product different from other firms in terms of design of the clothes; quality of the fabric etc. Hence, the clothing brand can set different prices for its own product. Every firms enjoys certain degree of monopoly power. Since the quality; types of fabric; designs of the apparel; quality of stitching vary from each other, the consumers perceive that these products are not identical. Clothing firms differentiate their products and brand by designing their clothes by reputed designer of the industry. This places the firm into the niche market who can charge high price (Okonkwo 2016). Therefore, product differentiation enables the companies of the clothing industry to set price by their own, hence, enjoying monopoly power. There is little barrier to enter the market, as it requires huge spending to make fabrics and design apparels. The firms put effort to establish their brand name. Entering of some international brands into the clothing industry of Australia, that has increased the competition to the local retailers of cloths and apparels (ABC News 2014). Conclusion In this paper, different market structures of Australia have been discussed. It has been found that the four banks of this nation forms strong oligopolistic structure in the banking sector. The water supply service of the various states of this nation operates under monopoly, however, recently private firms are allowed to create water sources. Among many other industries, the clothing and apparel sector operates under monopolistically competitive market. References ABC News. 2014. Retailers struggle as foreign fashion chains hit Australian market. [online] Available at: https://www.abc.net.au/news/2014-09-10/retailers-struggle-foreign-fashion-chains-reach-australia/5735070 [Accessed 12 Aug. 2016]. NewsComAu. 2011.Expert says it's time to end South Australia's water monopoly. [online] Available at: https://www.news.com.au/national/expert-says-its-time-to-end-south-australias-water-monopoly/story-e6frfkp9-1225986642335 [Accessed 25 Aug. 2016]. Okonkwo, U., 2016.Luxury fashion branding: trends, tactics, techniques. Springer. Robins, B. 2014.Water authorities 'must open door to private investors'. [online] The Sydney Morning Herald. Available at: https://www.smh.com.au/business/water-authorities-must-open-door-to-private-investors-20140829-10a4w8.html [Accessed 25 Aug. 2016]. Stewart, T. 2015.Australian bank oligopoly 'strong and well'. [online] Investordaily.com.au. Available at: https://www.investordaily.com.au/markets/38717-australian-bank-oligopoly-strong-and-well [Accessed 25 Aug. 2016]. The Sydney Morning Herald. 2015.A golden era of Australian banking is coming to an end. [online] Available at: https://www.smh.com.au/business/banking-and-finance/competition-rising-costs-regulation-why-australian-banks-are-finding-it-tough-20150507-ggw6cw.html [Accessed 25 Aug. 2016]. Williams, J., 2016. Economic insights on market structure and competition. Addiction.