crimes quickly became an important mechanism of social regulation. The justification for this mechanism lies in the assumption that the criminally insane are irrational and therefore non-responsible of their crimes. As we examine the history and implications of the insanity plea‚ a few questions should be kept in mind---1. How can we be sure that a person is indeed insane (he could be putting on a show) and 2. Should a mentally ill person be punished at all. Today in our legal system‚ there are numerous
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Philosophical Implications of Cultural Relativism Philosophical position of Cultural Relativism is best understood in terms of its epistemological‚ ethical and logical implications. Philosophical means articulation‚ argumentation‚ analysis‚ and synthesis of the idea‚ principle or concept. [1] Implication is a relationship between two propositions that holds when both propositions are true and fails when the first is true but the second is false. It is to develop a logical cohesion among arguments
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Marketing strategy Marketing strategy is a process that can allow an organization to concentrate its limited resources on the greatest opportunities to increase sales and achieve a sustainable competitive advantage. A marketing strategy should be centered around the key concept that customer satisfaction is the main goal. Marketing strategy is a method of focusing an organization ’s energies and resources on a course of action which can lead to increased sales and dominance of a targeted market
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SONY Strategy Case Analysis Executive Summary Sony is currently faced with the problem of low operating margin and stagnant market share in the videogame console industry. PlayStation3 of Sony is competing with Xbox360 of Microsoft and Wii of Nintendo. Despite the high technology‚ Wii outsells PlayStation in the market. This shows that the traditional strategy of Sony based on hardware should be reviewed according to the new trend. Considering gradually increasing market size and harsh competition
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PIRACY IN SOMALIA AND ITS INTERNATIONAL IMPLICATIONS In the past few years‚ pirate attacks off the coast of Somalia have received a great deal of public attention. According to the London-based International Maritime Bureau‚ there has been an “unprecedented increase” in Somali pirate activity in the first 9 months of 2009. Until September this year 147 incidents were reported off the Somali coast and in the Gulf of Aden (separating Somalia and Yemen)‚ compared with 63 for the same period
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because of its radiation. It will not help them in building their dreams but a nightmare. Researchers are hoping that they will not be a victim of it so that it will not take them to something that they did not expect. It is entitled “The Implication of cellphone on the Study Habit of Students” and was conducted to know the reasons why they are addicted on using their cellphones. Their parents are affected on their behavior because they are having a problem with regards to their grades at school
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MARKETING IN THE 21ST CENTURY COMMENTARY Implementation Strategies in the Market-Driven Strategy Era David W. Cravens Texas Christian University The very insightful analysis of marketing strategy implementation by Piercy (1998 [this issue]) points to several key issues concerning the role of marketing in the 21st century. Perhaps most compelling is his assessment of the potential threats to the role of marketing in the organization and implementation in particular. He examines several important
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being linear and TR = P*Q =and . Setting this equal to marginal cost will yield the monopoly value of Q. =1=MC Q = 16‚000. Solving for price we obtain. c) What is the deadweight or welfare loss of the monopoly in this market? The competitive industry has no profits and so producer surplus is zero. Consumer surplus is given by the triangle that starts at 1‚ proceeds over to C‚ and then angles up to . The base is 32‚000‚ the height is 2‚ and the area is ½(32‚000)(2) = 32‚000. With a monopoly
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each offer something different to the industry; selling method‚ marketing strategy‚ product line‚ and distribution channel. Practical implications – The industry trends indicate that the future of cosmetics may move towards more joint ventures between drug companies‚ cosmetic companies and nutritional/food companies as cosmetic companies look for new ways to be innovative. Originality/value – The research provides an in‐depth business analyses of cosmetic industry using SWOT‚ Porter’s value chain and
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possible success or failure of particular strategies. Scenarios are detailed and plausible views of how the environment of an organization might develop in the future based on key drivers of changes about which there is a high level of uncertainty. Porter’s five Forces Framework Porter’s five forces theory analyses the competition that surrounds a company‚ measuring its intensity and helping this same company finding solutions to adapt its strategy depending on the type of existing competition
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