The Oil And Gas Revolution - 1821 Words

INTRODUCTION The Shale gas revolution has demonstrated a quantum leap from almost nothing in 2000 to over 30 billion cubic metres in 2011. This caused a crash of natural gas prices in the United States, significantly changing the country’s natural gas future outlook (Mangeri, 2012). The US oil and gas fracking revolution is a new paradigm which has made the country a game changer in the oil and gas scheme of things, and has immense implications for economics, energy and geopolitics. It is projected that in a few years, the US will surpass Saudi Arabia as the number one oil producer worldwide, having overtaken Russia as the number one natural gas producer in 2012 (Birol, 2013). This would exert a negative pressure on global oil prices,†¦show more content†¦Fracking involves pumping a mixture of sand, water and chemicals with surface pumping trucks, through horsepower machines, down a perforated pipe into a reservoir at extremely high pressures to form small fractures in shale forma tions that release the oil and gas to flow up into the well. No two shale formations are the same. There are differences in thickness, porosity and permeability of shale formations which mean a lot more wells need to be drilled in various areas of the field before an idea of the recoverability rate can be assessed from the formation. Shale oil operations are intensive, in that it needs wells to be drilled continuously in order to increase and maintain production. Nevertheless, a significant portion of US Shale oil at USD 50-65 per barrel is actually profitable, thereby rendering them unaffected by a drop in oil prices. The United States has over twenty large shale oil formations, chief of which is the Eagle Ford shale, whose boom in recent times revealed an endowment with respect to hydrocarbon, comparable to Bakken/Three Forks; which is a tight oil formation county in Montana and North Dakota. Technological advancements have grown tremendously in Shale gas operations as well as production, efficiency and well flow management (EPRINC, 2011a). These advancements have significantly crashed well drilling time by over 30%, which translates to a significant reduction in costs. The extension of

Essay on Human Resource Management in Business - 3064 Words

Human Resource Management in Business Abstract Human Resource Management (HRM) is no longer a personnel office that is simply a record-keeping and maintenance function. Huselid (1995) points out that there is a positive correlation that has developed between HRM as a strategic ally and company performance. HRM research has grown from an atheoretical origin to view organizational activities from an interdisciplinary perspective (Jennings, 1994) that is concerned with a movement toward methodological and theoretical development (Ferris Judge, 1991). This review will look at the different ways HRM plays into the overall scheme of providing an organization with a more sustainable competitive edge. Table of Contents†¦show more content†¦Additionally, McNamara (1999) points out three other activities that fall within the realm of HRM—managing the approach to employee benefits and compensation, employee records, and personnel policies. Several HRM practices may influence individual performance by providing incentives that bring out appropriate behaviors (Minbaeva et al., 2003). Such incentive systems may include performance-based compensation and the use of internal promotion systems that focus on employee merit and help employees overcome barriers to career growth (Huselid, 1995). Previous research has shown that employees are more motivated when they are informed about the organization. Sharing of information on strategy and company performance tells the employees that they are trusted. Additionally, it is important that employees are kept current on company performance so that they can use the knowledge that resides in the organization to its fullest potential (Pfeffer, 1998). And by factor-analyzing HRM practices, Huselid’s (1995) influential study of the impact of ‘high performance work practices’ points out the importance of HRM as it relates to organizational turnover, productivity, andSh ow MoreRelatedHuman Resource Management And Business Strategy Essay1307 Words   |  6 Pagesbetween human resource management and business strategy is one of the most m important demands that are placed upon modern strategic human resource management. In both the management and the academic literature, it is generally acknowledged that the strategic deployment and management of personnel can contribute to the success and continuity of the firm. Some go even further by stating that a firm’s human resources form the basis of the firm’s competitive advantage. In this view, the human resourcesRead MoreHuman Resource Management At A Large Business934 Words   |  4 Pagestoday is that I am the Human Resource Manager of a large business called â€Å"Achieving better people management†. The main content in Human resource management that I will be covering is the recruitment stage. What is HRM? Well what is Human Resource Management; it is the management of the employee relationship that covers establishing, maintaining and terminating employment. Why is it Important? Human Resource Management is very important in an organisation/business, human resource managers will hireRead MoreBusiness Intelligence For Human Resource Management1426 Words   |  6 PagesThere are considerable of business intelligence applications in real world that are composed by the four basic elements of business intelligence to access the data [6] .see Figure above. The system of Humana Resource Management uses also business the tools ofintelligence tools. Using business intelligence for human resource management, it predicts which workers are likely to perform well; it predicts which workers are likely to get their leave, recruiting intelligently based on performance recordsRead MoreHuman Resource Management in Business Context1189 Words   |  5 Pagesï » ¿Human resource management or mostly named simply as HRM is a strategic method thoroughly thought out for managing industrial relations which accentuate the fact that workforce efficiency and commitment are the key fa ctors in achieving constant competitive advantage or high quality work performance. This is accomplished through a peculiar set of integrated employment policies, programmes and practices intruded in an organisational and social context (Bratton and Gold, 2012). The new HRM model isRead MoreBusiness Administration And Human Resource Management845 Words   |  4 Pagesvery frequently. I am studying in both business administration and human resource management and will identify how both fields could benefit from this research method below. Additionally, the pitfalls or negatives will be analyzed to ensure that there is a clear understanding of how best to use this method of research to the absolute maximum. First, let us examine how the world of business uses quantitative research methods on a daily basis. In the business world, numbers generate all outlooks viaRead MoreHND Business Human resource management5390 Words   |  22 Pagesï » ¿ Difference between Human Resources and Personnel management (1.1) Personnel Management Personnel Management is essentially an administrative record-keeping function, at the ground level. Personnel Management professionally manages employee’s activities for individual departments for example in Bhs you will have a personal manger for customer services. It is assumed that the outcomes from providing justice and achieving efficiency in the management of personnel activities will resultRead MoreEssay on Human Resource Management in Business3172 Words   |  13 PagesRunning Head: HUMAN RESOURCE MANAGEMENT IN BUSINESS Human Resource Management in Business Sylvan R. Wilcox Warner Southern College Abstract Human Resource Management (HRM) is no longer a personnel office that is simply a record-keeping and maintenance function. Huselid (1995) points out that there is a positive correlation that has developed between HRM as a strategic ally and company performance. HRM research has grown from an atheoretical origin to view organizational activities from anRead MoreBusiness Ethics For Human Resource Management1309 Words   |  6 PagesWhat are the implications of business ethics for human resource management? Explain the potential roles of human resource managers in the ethical conduct of business. By Shehan Perera (100684161) Ethics in HRM suggests the treatment of employees with common decency and justice. Ethical business practices contributes to the long and short term business objectives as the employees will feel motivated thus they will work efficiently and effectively . The conduct ofRead MoreHuman Resource Management and Business Strategy5165 Words   |  21 Pages| Human Resource Management and Business Strategy | | | Abstract Human resource strategies of the group Sun City International have been identified and analysed for purposes of this report. While reviewing the different related literature this report attempts, through an analysis of external and internal factors, to examine how strategic management may help to deal with challenges and changes in a company, closely linked to the human resource department of the group. Finally, the impactsRead MoreHuman Resource Management in Business Context1884 Words   |  8 Pagesmotivator for employees and is it an effective way for organisations to gain and retain high performing staff. This is questionable especially as organisations differ in size, organisational culture (therefore differing needs), the ability and/or resources to manage an effective process to support PRP. This study will explore whether performance bonuses offer a win-win for both the organisation and the employees, using primarily the public sector, with reference to the private sector. â€Å"PRP was the

Friendships - 1619 Words

You can’t put a price tag on friendship. That’s the saying at least, but could you? How much money would it take to convince you to get rid of your closest friends in a time of need? What if you were upset with one of them? Could you then throw away that friendship for a thousand dollars? A hundred thousand? A million? How much is a good friend worth to you? This answer would vary for everyone. I wish everyone would say priceless. That’s the right answer, the answer everyone should give, because you can’t put a price tag on friendships. Court cases can be pretty simple, right? For example, you are doing construction a house, and you fall in a hole in the floor at said house that wasn’t railed off and break your back. You’d sue. It’s the†¦show more content†¦We would carry longer boards into the house to have them cut to the measurement we needed for wherever we were laying them down that day. There was over 10 separate people who came out to help us including my younger sister and friends all who were 16 or younger. The day before a pair of long known family friends who ran a construction business, Yates’ construction, cut out a hole in the floor where stairs would go in the future. They did not, however, put any railing up around the hole as the house is out in the country, and there were no worries of people accidentally wandering in and falling. Everyone there knew the hole was there, and everyone there was volunteering to help and not under any sort of contract. About 3 hours into the day Julie, while carrying boards to the upstairs accidentally fell down the hole to the basement and wound up with a broken back. They were using the same technique as they had all day, where one person was on the front end of the boards and then someone on the back end. Julie was carrying the back end of the boards and, on this one time, she turned too wide stepped off into the hole. The ambulance was called and she was taken to Mercy Hospital in Springfield Missouri about an hour away. Over the next w eek, while Julie was in the hospital, my mom took care of Julie’s middle school and high school aged daughters while visiting Julie in the hospitalShow MoreRelatedFriendships : Friendships And Friendships896 Words   |  4 PagesFriendships Marlene Dietrich once said, â€Å"It is the friends that you can call at four a.m. that matter.† There are many different types of friendships. Casual friendships, opposite-sex friendships, and long term friendships are all examples of the different and common types of friendships used today. Casual friends are those you can text and hangout with every once in a while, without any sort of attachment. Friends of the opposite sex are those who help you with your relationships when you are havingRead MoreFriendship Between Friendship And Friendship1405 Words   |  6 PagesFriendship is a form of virtue and is indispensable for human life since man is a social being. There are three conditions necessary for friendship to exist: mutual goodwill, awareness of the other’s feelings in their connection, and awareness of their goodwill and attitude toward the other. According to Aristotle there are three types of friendships corresponding to the three objects of love. The first two types are similar and interconnected; they are friendship based on mutual utility and friendshipRead MoreFriendship Between Friendship And Friendship1520 Words   |  7 PagesFriendship is one of the most important things in life and everyone should learn how to maintain at least one true friendship. Not only is it beneficial to your happiness, it is constructive medicine in both your mental and physical health. Strong social networks and friendships may lengthen longevity, develop a healthier brain, survive cancer and heart disease better, as well as getting less colds, according to an Australian study. Without friendship, the world would be a dismal place, as friendsRead MoreThe Importance Of Friendship By A Friendship1106 Words   |  5 Pagesgot to grade you, From me you d get A+! To all friends, Friendship is one of life s greatest treasures. Friends that are loyal are always there to make you laugh when you are down, they are not afraid to help you avoid mistakes and they look out for your best interest. This kind of friend can be hard to find, but they offer a friendship that will last a lifetime. Other friends may not be quite as loving. The pain caused by a friendship marred by betrayal is not easy to overcome. In fact, manyRead MoreFriendship1379 Words   |  6 Pages Friendship A friend is defined as a person whom one knows, likes, and trusts, therefore this is a friendship. In every society in the world people have and follow this relationship and support it. In some societies this relationship is given more importance than others. In our society friends are given almost the same attention as ones family member. Family is the closest relationship a person has, and if that is disturbed a friend can be very helpful. During the development of a friendship inRead MoreFriendship1486 Words   |  6 PagesSchreiner Paper 2 The Means Behind Friendship â€Å"Friendship is a virtue or at least involves virtue. It is necessary to life, since no one would choose to live without friends even if he had all other material goods. Friends are a refuge in times of poverty and misfortune; they help to guard the young from error; they help the old in their weakness, and help those in the prime of life to perform noble actions.† –Aristotle According to dictionary.com, the word friendship is defined as a person known wellRead MoreFriendships1385 Words   |  6 PagesBigelow and La Gaipa (1975) observed children’s friendships by asking a number of children to write an essay about their best friend using the approach called â€Å"content analysis†. William Corsaro however dictates that in order to study children you must study them in the context of their own peer culture, he used the â€Å"ethnographic approach†. In this essay I shall attempt to compare and contrast the approach used by Bigelow and La Gaipa (1975) and that taken by William Corsaro (2006). In the earlyRead MoreFriendship1166 Words   |  5 Pagesï » ¿Friends are the pearls of our life.. Friends are a necessity in every child’s life. They are there to comfort, to laugh with, and to create wonderful memories My Friendships have played an extremely important role in my life. I do not know where I would be without my friendships.   Friends to me are the people you know and enjoy being around and talking to. There are the best friends that are usually closer than the others and you are always with. What I find most important is being ableRead MoreFriendship1339 Words   |  6 Pagesrelationships because it is full of friends.       There ought to be a course in school on friendship. Of course, some people are perfectly happy to operate with fewer friends. They might rather have a few deep and loyal friends, than many superficial ones. Others thrive best when friends are everywhere and numerous. It is not so much the number of friends that is important as is the possession of friends, period.       Friendship is a blessing, and a friend is the channel through whom great emotional, spiritualRead MoreFriendship869 Words   |  4 Pagesï » ¿Friendship is a relationship that all the individuals can create by themselves. Though it is not a god gifted relationship like that of the relationship of a mother, father, sister, brother or any of the other family but still it is one of the best relations an individual can possess. People who have true friends consider themselves as the luckiest individuals on earth. â€Å"Friendship is unnecessary, like philosophy, like art†¦ It has no survival value; rather it is one of those things that give value

The Expansion And Diversification Of The Total Make Up Of...

Introduction: Over the past two decades, the issue of diversity has gained growing share and momentum in the overall literature of postsecondary education. The expansion and diversification of the total make-up of students across US colleges and universities has brought about new dimensions to the pool of subjects tackled under the umbrella of diversity. Relevant studies show that the environment on campus have an impact on students’ learning outcome (Astin, 1984), their academic performance (Tieu et al, 2009) and sense of belonging and engagement (Thompson and Caseo 2012, Zuniga et al. 2005, Bowman 2012). Creating an inclusive climate that accommodate the diverse sociocultural orientations of students empowers the institution in the first place and provides one of the core causes of success. The catastrophic events of 9/11 and the political global dynamics brought Islam as faith, identity, and personal attitude into the front. The population of students identified as Muslims, who are becoming increasingly visible within the mosaics of American cultural tapestry, have been facing multiple challenges related to defining who they are, how they are being represented, and their views of the reality they live in. In this study, I will try to examine this community of students’ understanding of diversity as they relate their experiences. The broader questions driving the study: what are Muslim students’ perceptions of diversity; do they feel that the environment is receptive toShow MoreRelatedHistory, Development And Growth : The Starbucks Corporation4307 Words   |  18 PagesWest Coast and slowly expanding to the East Coast. The company began introducing coffee in wholesale to restaurants, universities, offices, airlines, hotels, shopping malls, department stores etc. In addition, the company joined hands with companies like Pepsi-Cola to sell bottled beverages such as Frappuccino’s and DoubleShot espresso drinks. Furthermore, the company partnered up with Kraft Foods, Inc. to sell ground coffee and whole coffee beans to merchandise stores (such as grocery stores). Read MoreStatement of Purpose4243 Words   |  17 Pagestoday. There after I joined .a.b.c†¦. college Barnala and did my graduation with Commerce. Completing my graduation I came through certain phases which led me to pursue management at PG level. Looking at the trend in the market, where there is a great competition in the economy, every qualified person dreams to pursue his career in the business, since it is one of the areas seeing unprecedent growth. So I appeared for MET and got admission in Punjabi university regional centre for IT and managementRead MoreRed Bull13142 Words   |  53 Pagescompetence or major competitive advantage) * Self-concept * Concern for public image * Concern for employees Red Bull’s mission statement does not talk about who their customers are. This may be reason why Red Bull targets athletes, students, professionals, clubbers, concert singers, etc. Whereas it talks about its product which is energy drink. They have not specified the geographical locations. Concern for growth and profitability is highlighted in their mission statement. Their philosophyRead MoreBpi Strategic Management Report11182 Words   |  45 Pagesdevelopment of markets and industries. II. INDUSTRY ANALYSIS Philippine banks generate more than 18% from corporate banking and over 48% from investment banking and treasury,despite efforts to diversify into retail banking which contribute around 34% to total income. This is even lower than compared to 5 years ago, when retail banking accounted for 36%. The financial market is dominated by three banks, which are owned by large conglomerates. Combined they hold more than 60% of the retail banking marketRead MoreDell Marketing Strategy9923 Words   |  40 Pagesmany years the Dell Corporation has been the fastest growing entity in the computer industry and is considered a pioneer in direct marketing. With the Pc industry being such a unique industry with its super fast product life cycles and having to keep up with continuous innovation, it is one of the most difficult industries to maintain a competitive edge. From the beginning Dell has been focused on customer service by understanding the customer’s needs and providing the most effe ctive computing powerRead MoreFamous Amos12788 Words   |  52 Pagescookies and muffins that come in various flavors. Apart from that, it offers customized wrapping services at its specialty stores. Parallel with the goals of its parent company, Famous Amos is focused on achieving sustainable growth through the expansion of its operations. It was identified that Famous Amos practices the differentiation, market penetration and market development strategies. To enter the market, it can select to either export its products or entry through acquisition. ShanghaiRead MoreXcom 285 Final Business Writing Portfolio Essay3566 Words   |  15 PagesBusiness Writing Portfolio Erika Alvarado XCOM/285 Essentials of Managerial Communication Axia College  Xcom285 has taught me many valuable assets that I can use in my future, but I believe that the most valuable thing that I have learned is that communications is not just talking. Communications is about listening and writing as well. It is important in business communications to understand that to effectively communicate one need’s to tune into everything that is going on around him or herRead MoreRed Bull Strategic Analysis Research Paper7092 Words   |  29 Pagesmarket. Since its foundation in 1984, Red Bull has made a significant expansion in international markets to over 161 countries and generated over 4.25 billion euros in turnover throughout the world employing 8,294 employees globally by end of 2011. According to, the trend of energy drinks has rapidly growing in a global market and growth faster than a big brand of soft drinks So, Red Bull has many excellent strategies and makes the competitive advantage branding in a global one. A thorough analysisRead MoreThe Chal lenges and Obstacles of Tqm Implementation in the Higher Education Institutions11985 Words   |  48 Pagese-TQM College Working Paper Series WP- 0102062007 The Challenges and obstacles of TQM Implementation in the Higher Education Institutions: The Case of Sharjah University in UAE Dr Abdel Moneim M. B. AHMED Bashar I. HAMDOON By WP-0102062007 1 The challenges and obstacles of TQM Implementation in the Higher Education Institutions: The Case of Sharjah University in UAE By Dr Ahmed and Hamdoon e-TQM College Working Paper Series WP- 0102062007 The Challenges and obstacles of TQM ImplementationRead MoreYale Case15625 Words   |  63 Pages9-812-062 OCTOBER 18, 2011 JOSH LERNER ANN LEAMON Yale University Investments Office: February 2011 â€Å"†¦anointing winners and losers on the basis of 12 months’ worth of performance is silly in the context of portfolios that are being managed with incredibly long time horizons.† — David F. Swensen, Chief Investment Officer, Yale University1 On a February afternoon in 2011, David Swensen, Chief Investment Officer of Yale University, stared out his window at the snow blanketing the city of New

Analyse how Baz Luhrmann has directed his film version of Romeo and Juliet Essay Example For Students

Analyse how Baz Luhrmann has directed his film version of Romeo and Juliet Essay In Shakespeare in Love Tom Stoppard is trying to entertain his audience and show how Shakespeare made his plays in the 17th Century. Luhrmann is using Shakespeares play to create his own version of Romeo + Juliet for the 21st century lifestyle to appeal to young audiences mainly teenagers. Shakespeare in Love shows us what life was like to be a playwright in the 17th century and trying to show how Shakespeare might get his inspiration. Both of them are trying to get their audiences attention and make what some people think of Shakespeare as boring and make it into a funny and adventurous movie. In the 17th century, life looked poor because there was no technology and they have to do most of their work by hand rather than doing the work with machines. Life looks rather bare, such as there are open sewers and they just throw their rubbish out onto the streets. Also their furniture is all made out of wood, which looked all pretty hard, and uncomfortable, there are few toilets and none of them had a flushing ability, and most of the time they used earth closets. Pub yards were used in the countryside to show the plays to people. In the film there is the Master of the Revels trying to shut the whole thing down because he thinks it is immoral, so being a playwright was a bit on and off as they werent sure how much money they were going to make from one day or another. Some men had to dress up ass women on stage because women werent allowed on stage, so this was also costly because after their voice breaks they would have to get another actor. The reason that most of the people went to the pubs was because it was all nice and warm in the winter. Shakespeare was not well off and the film suggests that sometimes he had no inspiration to work and that he needed a muse. Mens clothing was more elaborate then, than the fashion that we wear today: their designs were much more colourful and they wore leggings (Tights) and have striped clothes. Womens clothes were simpler, they wore long skirts which wasnt as pleasant as they might seem because they carried all the mud and dirt from the streets. Peasants wore very simple and rag clothes. In Shakespeare In Love there is the muse and the lover Lady Voila De Lessops. She wants to act and she is in love with Shakespeare, its mysterious. Although she wants to act, she knows that she is forbidden from entering the stage because back in those days they called it prostitution. This was not good for her dreams to become an actress. She plans to fulfil her dreams by dressing up as a male and getting a part in the play. We first see her (The camera pointing at her) in the theatre while she is watching a play, which she is into. This is where you first meet Queen Elizabeth and where you also see William Shakespeare. She is enjoying the speeches about love. She then turns to the left, where she sees Shakespeare and it seems like love is stirring. When she auditions for the play, she recites a Sonnet, which was written by Shakespeare. Shakespeare hears the sonnet and chases after her when he says for her to take her hat off. I think that she thinks that he might suspect she is a woman, so she runs away. She gets a chance at being in the play, and with the nurse helping her with costumes, advising her and protecting her from any dangers which could be her mother or somebody else was very useful to her. She also wraps up her hair into a ball so she looks more masculine. It appears that the people in the 17th century believed in magical things, such as Shakespeare putting his name in a bracelet and giving it to his apparent muse. Shakespeare was much obsessed with muses but his current muse had let him down. Lady Viola is constantly being pursued by Lord Wessex, as he is in pursuit of marriage. He would like to marry Lady Viola, not only because he thinks that he loves her, but also because he had no money. He needed the money but he had a title. He had spent all his money on his plantations in Virginia. His title was intriguing to the father of Lady Viola because he had a lot of money, if he was to have a famous person in the family, than he would become more widely know to the public and they would appreciate him. Also Lady Viola would be married to an apparently great man and that there would be a lot of good having a great man because they would have more privileges. The fathers title will also be improved. The ballroom scene where Lady Voila, Lord Wessex and William Shakespeare all are together dancing: is where Lord Wessex is talking about the marriage in a sort of hidden way, in such a way that Lady Viola has no idea. William comes in and starts talking to her as well. The two meet and Lord Wessex threatens him to stay away from her or die. When they meet at her mansion (Lord Wessex and Lady Viola) she shows that she doesnt want to marry Lord Wessex and Lord Wessex is going a bit too far by kissing her. But she has no choice in the matter because she cannot disobey her fathers will, and because if she refused, she would have nowhere to go because she could be thrown out of the house she lives in. She has met William and is in love with him. Wessex is very annoyed and uses force to get her to marry him. Lady Viola is rebellious by nature and she wants equal rights so that she can do all the things that she would like to do. Queen Elizabeth is displayed in the film because she is a woman, and it seems like that she defends womans rights because she defends Lady Voila at some points. The plot shows notions of a womens place in society. The Master of the Revels comes to one of the theatres to close it down because Webster tells him that he saw a woman on the stage, He does this to get his revenge because he was excluded from the play and because he was also given money. He shuts down the Rose. The play seems to be at a close and everything is going badly. Lady Viola marries Lord Wessex because she finds out that William is already married and she isnt allowed to divorce him at that time after marriage. "Romeo and Juliet charts Juliet's journey from subservient daughter to passionate lover" EssayThe camera then turns to the Capulet car, where a man came out. There is a close-up on his shoe and tilting up towards his face where there is another freeze frame; this time with the caption Abra, a Capulet. Nothing is known about him, only that he is a Capulet. He then suddenly shows his teeth and makes an unfriendly noise towards one of the Montagues. On his teeth he has a silver gum shield which has the word sin written on it. The Montague is scared and falls into the car. The Capulets start laughing at him; the Montague is slightly aggravated and starts talking about retaliation. He retaliates with an Elizabethan insult, which was to bite your thumb. Abra shows that he is angry, by pulling an angry face. He starts up his car and goes towards the Montague with speed. He is scared and tries to run away. Abra is shouting at them and is annoyed, he starts saying, that if it was him that he was biting his thumb to. There is an over-the-shoulder shot of the Montague. He doesnt know what to say but he asks the other Montague, then he argues to the Capulet and says that he is just doing it. A Montague comes out and there is a freeze frame with the caption Benvolio, Cousin of Romeo. Benvolio is the peace make, and when all the people draw their swords than he tries to keep the peace; by telling them all to put away their guns and pretend that this never happened. A woman, until the point he points his gun at her is constantly hitting one of the Montagues on the head. The Capulet, had gone inside the Petrol station, and then had come out. He lights a Cigar and drops the match on to the floor and then grinds it with his metal boots. There is then a close-up of his face and a freeze frame, the caption reads Tybalt, Prince of cats, Cousin of Juliet All of the Capulets are neatly dressed and wear stylish clothes and look presentable. He is out and Benvolio tells him to not do anything, but he replies with Peace, I hate the word, like I hate a hell, all Montagues. and thee There are extreme close-ups of both of their faces, interchanging while this is all happening. Also as he was speaking, a sign was up which said Add more fuel to your fire. This is to show what was to happen next, by this caption because of the keyword fire. After he has spoken, a boy is saying Bang Bang in the background. Tybalt replies with this by getting his gun out and pointing it at the child, where his supposed mother takes him away, quickly. This is when all the fighting takes place. Tybalt is fast and reacts quickly. He makes western poses and western music is being played. He is like a gun fighter, such as the ones in the western films. He uses all sorts of poses and spinning around, like a gun fighter. He takes his time and is very confident of the fact that he doesnt have to worry because the Montagues are not a threat. All the time that this is taking place, you see no-one getting hurt at all, Tybalt just thinks that this is a game and that no-one will get hurt or killed. Benvolio, who was trying to make the peace, is a weaker person because of the way he acts. He isnt as fast as Tybalt and spends most of his time on the floor. There is a low-angle shot and fancy moves to make Tybalt seem bigger and stronger and then there is a high-angle shot of Benvolio on the floor, to make him seem weaker. Tybalt was spinning his gun around as he was reloading his weapon like a proper gunman. Tybalt was being shot at by one of the Montagues and he was spinning around, the sign which had Add more fuel to your fire, was being shot at by one of the Montagues who was supposedly aiming for Tybalt. This shows what was to happen next. The Montague boys were on their way off in their car, leaving Benvolio there. Tybalt with extreme skill had taken his time and changed his weapon to one with a sight. He aimed for one of the Montagues, and as he shot you were looking through the sight as he hit the man. After this had happened, Benvolio was on the floor, dowsed in petrol, leading to Tybalt; Tybalt then dropped the Stub of his Cigar onto the petrol and it set alight. Benvolio managed to escape as he saw the flames heading in his direction. After this part in the film, it turns to a television point of view, where you would hear the news and they were showing what had been going on. The camera went onto a close-up of Romeos mother and father. Who wanted to go and fight with them, then it showed a extreme close-up of the gun. But the wife kept the peace and was controlling him. It then went back to the fight seen where there was a long-shot of Tybalt and Benvolio, who were being targeted by a helicopter with a sniper in it (Low angle shot), It then went to Prince as he said, Throw your mistempered weapons to the ground. As he says this it goes to a long shot of Benvolio and Tybalt as they throw their guns to the ground. This was the end of the Gas station scene. The genre in this part of the film was of an action type and western. This is all the types of thing that you would find in a fast paced action or western, which has a lot of moves and poses in it, to make it more appealing to young audiences. This is the type of thing that most people like, which is a good start to a play.

Australian Dairy Industry

Question: Discuss about the Australian Dairy Industry. Answer: Introduction Inglenook Dairy was established by Troy and Rachel Peterken in 2011. This is a family owned business that produces a variety of dairy products to its precious customers. In current, the business of Inglenook Dairy has been influenced by its competitors (Inglenook Dairy. 2017). This research paper is helpful to examine the structure of the Australian Dairy Industry and intermediate market effectively. Along with this, the paper also inspects Inglenook Dairys current strategy and also investigates the existing opportunities as well as threats within the dairy industry. Structure of the Australian Dairy Industry The Australian dairy industry is the third biggest dairy exporter in the world. Along with this, the industry is the third prime rural industry in Australia. It exports approximately 50% of the production to other nations. The industry produces an assortment of dairy products such as: milk powder, milk, butter, yoghurt, and cheese. The dairy industry mainly focuses in the region south-east of Australia. Moreover, the Australian dairy industry is standardized by the Dairy Produce Export Control Act 1924-1938 (Cth) (The Australian Dairy Industry. 2011). In current, the industry is the third largest agricultural industry of the nation with a gross profit of more than $4 billion per annum. On the other hand, in 2001, the deregulation within industry influenced the structure of the industry. It is because of, since deregulation in 2001, the Australian dairy industry is operating its business in a highly deregulated industry milieu. Moreover, due to the deregulation, the dairy industry has become a major subject of competition in the marketplace (Dairy Australia. 2012). After deregulation, Australia has started export around 40% of production instead of 50%. The below graph is helpful to show the effects of deregulation within industry: (Source: The Australian Dairy Industry. 2011). Along with this, The Australian dairy industry has applied the Dairy Structural Adjustment Program (DSAP) to eradicate state as well as federal legislation within industry. Moreover, a large number of players (dairy firms) exist within the dairy industry. It shows perfect competition market structure of the Australian dairy industry. Moreover, the dairy firms are obliged to produce quality products because of the perfect competition market structure of the industry (ADIC. 2014). In this way, it can be assumed that, the structure of the Australian dairy industry is highly competitive. Therefore, the dairy firms are bound to offer high quality products at lower costs in order to maintain their profitability in the marketplace. Along with this, the below diagram is helpful to show that how raw milk is formed into dairy products and also distributed as well as marketed to final consumers. (Source: OECD. 2011). The above image fully illustrates the stages that are used to convert raw milk in dairy products and also distributed to the end-users. Structure of Intermediate Markets in the Production Distribution of Final Dairy Products This section analyzes the perfect competition market structure as the intermediate market in the production as well as distribution of final dairy products. Along with this, there are numerous competitors exist in the marketplace those produce intermediate goods with the help of raw milk. These goods may be skimmed milk powder, cream, cheese, etc. Moreover, the producers and distributors of these goods are considered as the intermediate producers because of they also produce substitute goods in the intermediate markets (Dairy Australia. 2017). On the other hand, at the present time, there are a lot of dairy firms or producers those produce these intermediate goods within nation. Whats more, there are many distributors those distribute these intermediate goods or products in Australia. This thing show that intermediate market also exists within nation. Apart from this, according to Dairy Australia, in current, dairy industry is facing a lot of challenges at the time of production stage of milk. Intermediate goods and perfect competition structure are the major reasons of these challenges in Australia. The major issue that is involved in the production is related to the investment (Courvisanos, Wells and Kesting, 2011). Due to the perfect competition structure, the dairy firms require huge amount of money to survive in the marketplace. The high investment may create financial risks to the dairy firm and it affects the production of milk usually. Furthermore, in Australia, almost all the dairy firms produce intermediate market or vertically market related products and this thing also make competition tough among competitors. In Australia, there are many dairy firms those produce as well as distribute final dairy products to the end-users (ABC Rural. 2013). As a result, because of these intermediate goods, the perfect competition mark et structure of the Australian industry has become more complex competitive to the producers and distributors also. Implications of the Market Structures in the Industry After the finical crisis 2007-2008, there can be seen a decrease in the demand of the Australian dairy products. This situation led the decline in the prices and profits at various stages of the production chain of dairy industry. Along with this, the bargaining power of supplier can be seen low within industry because of a lot of dairy firms or producers deal in the same products. But, the buying power of customers is high because of many dairy firms exist in the marketplace. As a result, customers have many alternatives those reduce the power and profits of producer at various stages of the production (Lee, 2012). Moreover, the price of dairy products is highly volatile within industry that also declines the profits of the producers in Australia. The decline in input price, divergence of markets, and food security standards regulations also influence profits over pricing within industry. Apart from this, the need of high investment and financial risks related to the dairy business also influence profits at various stages of the industry. Current Strategy of Inglenook Dairys to Capture the Profit of Industry Inglenook Dairys adopts and implements numerous effective strategies to capture more and more potential profit of the industry. Inglenook Dairy executes these strategies into the processing as well as marketing of its own dairy products. For case, Inglenook Dairy produces and distributes top quality milk as well as dairy products within nation. Moreover, the dairy develops strong relationship with the producers of raw milk to fulfill the necessity of dairy products and to cover more profit within industry (Pryce and Hayes, 2012). Inglenook Dairy also implements a boutique model to produce dairy products and to distribute these products within the market in an immediate manner. This boutique model plays a significant role to provide competitive advantages and profits in the competitive marketplace. In this way, the current strategies of Inglenook dairy are beneficial and according the needs requirements of the dairy industry. Opportunities or Potential Threats to Long Run Profits In the Australian dairy industry, a lot of opportunities exist that Inglenook Dairy can capture to earn long run profits within industry. For case, the major opportunity is that the demand of dairy products is increasing in all over the world. In the condition, Inglenook Dairy can cover market of other countries especially Asian countries to earn long run profits effectively. Apart from this, there are some potential threats such as: high competition within industry, climate change, input prices, etc. that may influence the long run profitability of Inglenook Dairy. Recommendations to Achieve the Dairys Goal of Sustainable Long Run Profitability There are some major suggestions or recommendations that might be helpful to Inglenook Dairy in order to accomplish its goals of sustainable long run profitability effectively. First of all, Inglenook Dairy should use advanced technologies to produce and distribute its products in the international market quickly. Along with this, Inglenook Dairy should expand its product line and market to fulfill the need of customers in a proper way. Inglenook Dairy should adopt and implement innovative business models to produce innovative dairy products and to offer the existing products in a more innovative way. Inglenook Dairy should make more use of Social media to know the valuable suggestions of customers (Mazzarol, 2014). In this way, these strategies would be beneficial to Inglenook Dairy to achieve its goals of sustainable long run profitability. Conclusion On the basis of the above analysis, it can be assumed that, the Australian dairy industry is a very popular industry in the world. It is famous because of its quality dairy products. The industry survives in a highly competitive market. Along with this, it is also observed that, Inglenook Dairy uses a lot of important strategies to survive and to capture more profits within industry. References ABC Rural (2013). Milking the profits whos talking the cream? Available At: https://www.abc.net.au/news/2013-04-22/milk-wars/4639078 [Accessed On: 21st Jan. 2017] ADIC. (2014). 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