Elizabethan Women Essay

Stephen Leacocks Arcadian Adventures with the Idle Rich :: Arcadian Adventures with the Idle Rich Essays

Stephen Leacock's Arcadian Adventures with the Idle Rich  Jonathan Swift has recommended that Parody is a kind of Glass, wherein Beholders do by and large find each body's Face their own; which is the boss reason...that not many are affronted with it.â Richard Garnett recommends that, Without humor, parody is invictive; without abstract structure, [and] it is negligible clownish scoffing. (Encyclopedia Britannica fourteenth ed. vol. 20 p. 5). Though Swift's announcement recommends that individuals are not affronted by parody since perusers recognize the character's flaws with their own deficiencies; Garnett recommends that funniness is the key component that doesn't make parody hostile. With any parody somebody is bound to be annoyed, yet the strategy the creator uses can change something hostile into something humiliating.  â â â Stephen Leacock's Arcadian Adventures with the Idle Rich is a nonthreatening, entertaining, and uncovering parody of the good deficiencies of high society. The parody goes about as a good instrument to uncover the impact cash can have on religion, government, and anything inside its touch. Expounding on such themes is difficult to manage without culpable individuals. Leacock's strategy joins cash with humor, and goes with his good message with unexpected characters; their misrepresented activities, and a consistent hilarious tone to keep perusers from being irritated.  â â â Leacock's idealistic world is loaded up with amusing names that speak to the Plutonian's characters. Ourselves Monthly; a magazine for the advanced egotistical, is a Plutonian top pick. To fill their inert days, the Plutonian ladies are in a perpetual look for patterns in writing and religion. Without the interruptions of club lunch get-togethers and attempting to accomplish the Higher Aloofness, the ladies would need to accomplish something beneficial. Perusers that recognize themselves with the class of individuals the Plutonians speak to would be humiliated instead of annoyed by Leacock's humorous depiction of them.  â â â The Yahi-Bahi Oriental Society overstates the idiocy of the Plutonians to a point where the peruser chuckles at the character's setbacks. The cheats give crazy predictions for example, Numerous things are yet to occur before others start. (Leacock 87), and in the end take their cash and gems. The misrepresentation expands the diversion while the ethical message is shown.  â â â The characters of the novel are unexpected in the sence that they percieve themselves just like the pinicle of society, yet Leacock makes the look like idiots. For somebody who prides themself on being a specialist on pretty much everything, Mr. Lucullus Fyshe's (as slimmy and cold as his name speaks to) discernments are refuted. Mr. Fyshe makes hypocratic statments about decision class oppression, while yelping down the neck of a poor server for serving cold asparagus.  â â â Leacock uncovered the entire Plutonian buisness world to be

How to write an essay in APA format- easy explaination

How to write an essay in APA format- easy explaination Has your instructor asked you to write an essay in APA Format? Then you need to learn how to write an essay in APA Format so that you can organize your work. If you have never used this format before, you may find it a bit daunting. In this article, we will be discussing APA in detail. What is APA format? Summary What is APA format?Four Major sections of the essay in APA formatThings to remember about APA Essay FormatTips to make your writing in APA format easyResources which provide APA format help APA stands for American Psychological Association. APA format is the official writing format of this association. This format is used to write papers in Psychology, education and social sciences. In psychology and other social sciences, it is important to write in APA format. It is because writing in a particular format allows readers to know what they look for. Also, the psychology writers can easily communicate their ideas and experiments in this format. Four Major sections of the essay in APA format When you write an essay in APA format, it should include the following sections: Title Page Title page is the first page of your essay. It must contain a running head, title, author name, and school affiliation. The main aim of writing this page is to let readers know the topic and author of the paper.Abstract Abstract is a brief summary of your paper. This page is placed just after the title page. According to APA, the abstract should be no more than 150 to 200 words.Main Body- The main body includes the main content of your writing. If you are writing an essay, the main body should include the essay itself but in APA essay format. If you are writing any paper then it can include further subsections.References- This section includes all the sources from where you have gathered the information. Things to remember about APA Essay Format Margins- There must be a uniform margin on all the four sides of the page. The margin should be of at least one inch. Double Spacing: It means there must be two spaces after each sentence. Running Head: According to the APA essay format, every page of your essay must contain a running head on the top left. Running head is the shortened form of the title. It should be no more than 50 characters. Pagination: Page numbers should begin with the Title page. Every page of your essay must contain page number on the top right corner. Title: Your title should not exceed 12 words. The title must clearly tell what paper is all about. Font: According to APA format, font style must be Times New Roman and font size must be 12. Paragraph Indent: The first word of each paragraph must be indented one-half inch. Avoid paragraphs of one sentence. Reference List: This list must contain each source from where information is collected. Numbers: The numbers less than 10 must be written in words(one to nine). Numbers more than 9 must be written in Arabic(10-100000 and so on). Citation: Citation must be done in a proper format. For this, you must use author name followed by the date of publication. Format: (author,publication date). Hyphen use: APA essay format recommends writers to use fewer hyphens. So, do not over-hyphenate your content. Italics: All the titles should be in italics. Especially the titles of books, newspapers, magazines, brochures, periodicals, journals etc. Language: Do not use biased or pejorative language. For example: do not use the word “disabled child”, in its place use “child with disability”. Abbreviations: APA recognizes only seven acronyms that do not need definition. These are HIV, AIDS, ESP, REM, ACTH, NADP, and IQ. If you want to use other abbreviations also then define them once before using. For example- “___Stock Keeping Unit (SSU)___”. Quotes: Try to avoid the use of quotes. If necessary, use the quotes of less then 40 words and explain that in your words too. Quotes of 40 words or more are considered as blocked quotes. Tips to make your writing in APA format easy By using APA essay format, your content looks organized. To make your writing process easy you should follow some tips given below: At first, you should choose a good topic to write. The topic should not be too specific and also not too general. If your topic is too specific, then you will face difficulty in finding good sources of information. And if the topic is too general then you will be overloaded with information. So you should choose a topic that is specific enough so that you can fully explore the topic. After that, start doing research. Do not waste your time. Start reading basic books and content about your topic. After that start listing all the books, essays, journals and other sources from which you are going add into your essay. After collecting sources of information, start writing your essay. While writing, make the list of all the sources that you cite. Make sure to write each and every source in your references. Also, make sure to not to add any extra source in your references. There must be no citation mentioned from which you have not cited. After making your first draft, revise and review your work. Editing and proofreading are two very important tasks before making your final draft. Also, review the format before the final draft. Make your final draft. Resources which provide APA format help Homework Help Websites: There are so many homework help websites available which can help with your homework in APA format. These websites provide you APA format help in pocket-friendly prices. You only pay them and tell them to complete your assignment in APA format And they will give you your assignment before deadlines. The most trusted homework help website is CallTutors. They have a team of experts who will give you APA format help by completing your assignment in APA format. Online tools: There are many online tools available which can provide you APA format help. There are many online tools like Knightcite, Zotero, Cite this, etc. which acts as an APA citation machine. These tools create an APA format referenced and help you to organize your references. But always double check their work. Purchase official APA manual: It will help you to know the complete APA essay format as you read it. Also, you have a handy manual to check your mistakes in format. I hope, you like this article, and after reading this article you all have understood How to write an essay in APA format. If you are having any query do tell us in comments section below.

Military Bearing, Respect and Discipline - 1989 Words

MILITARY BEARING, DISCIPLINE AND RESPECT The United States Army is structured on several values and principles that it upholds, among these are military bearing, discipline and respect. These principles represents what the organization strongly believes in and governs the most basic customs and courtesies that all its members should abide by, otherwise legal repercussion and punishment is enforced that could ultimately result in separation from the organization. According to Field Manual 6-22, â€Å"Military Bearing is defined as having or projecting a commanding presence and a professional image of authority†. One is to observe a sense of calmness even in the most stressful situations, leaders of the United States Army should maintain†¦show more content†¦The fear of punishment is the basis for learning fast and what one should or should not do. It may be a little harsh in the eyes of civilians but in the military, this is the only way. How is one supposed to fol low what is taught if there is no fear of punishment and reprisal for disobedience. Training, retraining and punishment until perfection is achieved is military discipline. The reason for this goes back to battlefield and combat conditions once again. It is through military discipline that wars fought could be won or essentially save thousands of lives. Military discipline is taught and learned with precision because these lessons are things that one should always remember and one mistake could greatly impact a mission or change one’s life. A good example of this is soldiers who are not actively engaged in firing should always switch their weapons on safe, they teach you and remind you and instill on you that these procedure needs to be followed at all times. The reason why, if you accidentally pulled the trigger and is aimed at yourself or a comrade, then you could potentially kill yourself or someone else thus lessening the combat fire power and ultimately affecting t he mission. Military discipline teaches one on making these essential lessons to be learned as if it is second nature to you. One has military discipline when you obey orders, follow procedures and continue the mission even if none of your superior is over your head telling youShow MoreRelatedCorrective Essay: Military Bearing and Respect857 Words   |  4 PagesAccording to Field Manual 6-22, â€Å"Military Bearing is defined as having or projecting a commanding presence and a professional image of authority†. The United States Army is structured on several values and principles that it upholds, among these are military bearing, discipline and respect. Leaders should be able to make these big decisions with all his confidence projecting out with his military bearing. A leader should look like a leader, disciplined, confident, and has the skills and abilitiesRead MoreMilitary Bearing Essay example851 Words   |  4 PagesMilitary bearing is ones outward appearance. The sharp uniform, perfect haircut, and their motivation and pride in their appearance. Military bearing is the way you take pride in your accomplishments and the majority of your experiences. It is also the way you maintain your composure and contain your emotions at all times. even when some might think it is neccessary to speak ones thoughts, that is where military bearing comes into play and maintains the composure of the soldier himself. MilitaryRead MoreMilitary Bearing Essay618 Words   |  3 PagesIn the United States Army, military bearing is the root in which every service member practices in order to carry out good discipline and ethics throughout their military careers. Army regulations and The Articles of the Uniform Code of Military Justice show us how a military service member should conduct themselves on a daily basis. All military soldiers have an obligation to conduct themselves like they are adults and to show respect to the ranks above them. If a Soldier fails toRead MoreCorrective Action for Disrespecting Higher Ranking Military Personal1268 Words   |  5 PagesThis essay is on tact, professionalism, respect and disrespect, as part of my corrective action for disrespecting higher ranking military personal. I will start this essay off with defining each of the subjects so that the reader may have a full understanding on what each mean. Tact is the first subject on which I am suppose to include in this essay, tact is defined as a keen sense of what to say or do to avoid giving offense; skill in dealing with difficult or delicate situations. The secondRead MoreNon-commissioned Officer and Respect1023 Words   |  5 PagesRespect is one the 7 Army Values and probably one of the most important in today’s Army. Discipline also works alongside respect even though it is not one of the Army Value’s; it falls under Self-less Service. You can’t have respect without discipline because it creates a sense of unity among soldiers which under extreme circumstances the military cannot afford to have any causality because of one individual’s decision to disrespect one of leaders appointed over me direct orders. Self-lessRead MoreMilitary Bearing Essay1046 Words   |  5 PagesIn the United States Army, military bearing is the root in which every service member practices in order to carry out good discipline and ethics throughout ones military careers. The Three General Orders of a Soldier, The articles of UCMJ, as well as our own Sailors Creed illustrates how a military service member should conduct himself or herself on a daily basis, on and off duty. Dependability is a major aspect of military bearing. Without dependability, one can neither perform properly in theRead MoreThe Military s Customs And Courtesies1503 Words   |  7 PagesThe military has an extremely copious amount of traditions and methods of conducting its activity. The older ones around are undoubtedly the military’s rules, and regulations on custom and courtesies. The following RBI will serve to describe the importance and significance behind the military’s customs and courtesies. These traditions are f undamental to military life. The seven army values are also a large aspect of where military behavior and practices stems from. The customs and courtesies we abideRead MoreSoldier and Appearance Military Appearance Essay634 Words   |  3 PagesWords 5 Pages Always Maintain Good Military Appearance Military Appearance In this paper I will discuss the importance of why a NCO or Drill Sergeant should maintain proper military appearance and why it is important. The NCO’s Creed first states that â€Å"no one is more professional than I†, so I am sure that means more than just appearance. It Premium 1553 Words 7 Pages Appearance Is a Very Important and Highly Regarded Concept in the Military. Appearance is a very important andRead MoreMilitary Bearing in Context of the US Navy663 Words   |  3 PagesNavy Military Bearing Military bearing is something that applies to all branches of the United States Navy but it manifests itself a little differently depending on the branch in question. This report will focus on the United States Navy and military bearing and the core competencies and codes that define said military bearing in a Navy context. A lot of what will be said below can be applied, in whole or in part, to other branches of the United States Armed Forces. Navy Military Bearing The OhioRead MoreTenets Of The Army Values With Empathy, A Warrior Ethos And Discipline888 Words   |  4 PagesConsistently represent and display the tenets of the Army Values with empathy, a Warrior Ethos and discipline. Integrate loyalty to the Army and ASG-KU and respect to people within my synchronization efforts of requirements development and contracting to support ASG-KU organic units, tenant units and other designated organizations within the ASG-KU AO. Establish objectives within the OCS Cell aligned with integrity, trust, and conscientiousness resulting in legal and moral contractual processes and

Writing Instruments That Evolved Into A Process - 1189 Words

Dturing English-122, I adapted several writing instruments that evolved into a process, in turn, I used this to compose my first and final drafts of my narrative and persuasive essays. Originating the term, I had a fear and deep resentment for writing; however, in week three, I finally attained a point where I began to enjoy the writing process. When I look back over the last eight weeks, I use three things that improved my writing, specifically, a process-style chart, transitional-phrases, and the proper way of revising my assignment for this course that improved my writing and will benefit future classes. First, process-style chart (MindEdge 5.01), profoundly improved the speed, organization, and quality of my composition. I merely transferred the process of module five, Refining the Order of Your Ideas (#2 MindEdge 5.01), to index cards; thus, allowing reorganization or removal of topics, subtopics, and details by simply moving an index card. Exerted from My Experiences With Writing, Then, I noticed that at the end she commented on what I did well, In turn, making the mistakes seem like something I should just work on. SNHU-107 has helped me shed that unpleasant experience and write slightly better papers with a more focused and consistent Batson 2Show MoreRelatedThe Electrocardiograph. Modern Day Cardiology Traces Its1604 Words   |  7 Pagescentury, this apparatus became one of the most influential technologies in clinical medicine and an invaluable tool for many physicians. John Burnett of the London Science Museum, considered the electrocardiograph as â€Å"the most sophisticated scientific instrument in existence when it was first invented† (Burnett 74). It provided a new understanding of the human heart and its diseases and significantly changed the landscape of health care. The basic concept of the â€Å"action potential† or the muscle’s â€Å"excitability†Read MoreThe Big Band Swing Style Of Jazz Essay1323 Words   |  6 Pagescharacteristics of the music? What was the size and instrumentation (what instruments) for the big band? Describe the typical swing chart. What are the typical forms used? What was the order for performance? (6 points) The big-band swing style of jazz was often arranged in advance. The standard texture of swing pieces was homophony instead of polyphonic. The melody part was ofen harmonized with block chords underneath. Different instruments often played together to create the same rhythm. The block harmonyRead More1. Introduction Radio astronomy has played an essential role in the orientation of the universe.1400 Words   |  6 Pagesuniverse. Evolutionary developmental (â€Å"evo devo†) biology is an emerging science that can assist us when thinking about our universe as an evolutionary system as well as a developmental system. 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The violin has been referred to as the â€Å"devil’s instrument.† Throughout history, violin players and makers were rumored to have sold their souls to the devil in order to master their craft. This film takes us on a journey through the mystery, the fantasy, the passion, the madness, and the romanticism of a Master Luthier and his love affair with an angel, the â€Å"devil’s instrument.† Jimmy Baca is the subject of this film. His story is one of transformation from aRead MoreArt Is An Extraordinary Subject862 Words   |  4 Pagesthat is located in Saint Peter’s Basilica, painting has been used to evoke the audience’s emotions for a deeper connection. Undoubtedly, watching painting progress from its beginning until modern day art, allows us to learn about how society has evolved through the artist’s subjects. Analyzing painting from the Renaissance era and comparing them to modern age, you can see the difference in how we live and dress. 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Management of Pt.Asuransi Jiwasraya Free Essays

INTI College Indonesia| Organization and Management| PT. Asuransi Jiwasraya| | Jessica Khou, Afifa Jindan, Jocelyn Halim| 3/8/2013| Mr. Jonny Wiguna Jl. We will write a custom essay sample on Management of Pt.Asuransi Jiwasraya or any similar topic only for you Order Now Ir. H. Juanda No. 34, Jakarta Pusat 10120, Indonesia 8 March 2013 Dear Mr. Jonny Wiguna, Presented to the commissary of this organization, this is a managerial report for the period of 2012-2013. As requested in a meeting conducted on February 2013, this is a report of the managerial status of this organization as observed during the present year. This report consists of matters regarding the management theory used to conduct the business, the environment surrounding the organization and inside the organization itself, defining the structure of the organization’s employees as well as their determined tasks as well as the regulation of activities in the organization. Also discussed in this report are the management strategies currently applied by the organization and what is observed to be motivating for the employees in the organization. Following all the observed and described matter, this report also includes several suggestions that, as the writer of this report believe, will be beneficial in terms of the optimization of performance of human capital and allocation of resources. ______________________ (Claire Afifa Halim) 8 March 2013 EXECUTIVE SUMMARY The report provides an analysis of the management of the PT. Asuransi Jiwasraya. It addresses the issues related to the current management system and provides an information of how the company is in relation to its environment. The report also consists of recommendation regarding the improvement of the current management system in order for the company to reach its current goal. Analysis is completed by observing the activities and achievements of the company in the latest years of its business. To find out the general management form of the company, identification of the theory that most resembles the current management system is conducted. As a result of the observations, it can be summarized that the company has an overall supporting environment for its business. The model of management used closely resembles Max Weber’s management theory and therefore the company’s structure and jobs are clearly defined and allows the company to be developing in its professionalism. PT. Asuransi Jiwasraya has also applied good motivational   methods that allow it to create good relationships between the employees of the company. However, as observed by the writer of this report, the growth of the company is not at its maximum potential. Several factors that is found to be holding the company back are the lack of promotional effort, loss of flexibility (initiative) and personal motivation of the employees due to the current management system used, inability to utilize technology effectively, limitation of growth space because of the limitation of target market and the fact that the company has not yet responded to one of the major insurance need of Indonesian. Recommendations made for the company thus include: 1. To create a syariah based insurance service for the Muslim majority of Indonesians 2. Focus more on each individual employee to develop the quality of workforce 3. Use technology in its effort to market the product 4. Increase the budget allocated for promotion and increase the frequency of promotion such as through the use of billboard, magazines and online advertisements 5. Become more globalized to reach their long-term organizational goal of being recognized globally TABLE OF CONTENT 0. 1 Introductions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 1 0. Company Backgrounds†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 2 0. 3 Management Theory†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3 0. 4 Company Environment†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4 0. 5 Organizational Structures†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 0. 6 Motivation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 0. 7 Strategic Management†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ . 8 Conclusion and Recommendation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 0. 9 List of References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 0. 1   INTRODUCTION 1. 1 Authorization This report is made in order to give further feedback for the company called PT. Asuransi JIwasraya. 1. 2 Limitations Because we don’t have a chance to visi t 1. 3 Scope of Report This report will cover several detail points, such as management theory that been use by PT. Asuransi Jiwasraya, the company’s environment, it’s also show the organization structure inside PT. Asuransi JIwasraya with their job description, and we also going to explain about the motivation inside the company, and the strategic management process that have been use by the company, we also included our recommendation to increase the effectiveness and efficiency of company management system. 0. 2   COMPANY’S   BACKGROUND Pt. Asuransi Jiwasraya is a life insurance company that has been established since the year 1859. The motto of the company is â€Å"secure your life†. PT. Asuransi Jiwasraya’s vision is to â€Å"become a trusted and preferred company to provide a solution for insurance needs and financial planning. â€Å"(http://www. jiwasraya. co. id/static. php? cat_id=1id=8lang=id) It focuses on providing life insurance for customer and helping customer make financial plans in accordance to the developing environment where making financial decisions become more challenging. The company is owned by the governments and is a trustworthy company that has been a preferred insurance provider by several big companies. Although it is already big itself, the company faces competition and is trying to become one of the five top insurance company in Indonesia and even tackles competition from the global market. To do this the company focuses on improving the effectiveness and the efficiency of the work by improving the quality of workforce, technology and by trying to reach segments that have not yet been reached previously. New products are always developed in order to meet the ever-changing needs of customers. PT. Asuransi Jiwasraya develops its professionalism in the business and has currently won several awards including a Superbrand award for the category of Consumer’s Favorite Brand. Other than that it has also won a World Finance Award for the second time in the year of 2011. In all its business efforts, the organization builds good relationship with both the employees and the society in general through social activities. The company’s subdisiaries include: PT. Stannia Binekajasa and Koperasi Karyawan Jiwasraya. 0. 3   MANAGEMENT THEORY The management theory that have been used by PT. Asuransi Jiwasraya, as observed, can be identified as   Max Weber’s theory of management. The management theory of Max Weber is made in the early year of 1900, this management theory are based on the theory of authority structures and relations is based on an ideal type of organization Weber called a (bureaucracy). The bureaucracy that Weber have make should have a division of labor, authority hierarchy, formal selection, formal rules and regulations, impersonality, and career orientation. The goal of weber making his scientific management theory is to make the work activities can be done in the large group. PT. Asuransi jiwasraya is a quite large group. Thus, it uses Weber management theory because allows this company running their business more effectively and more efficiently. PT. Asuransi Jiwasraya encourage workers   to work according to the procedure that the company has made, as evidently shown in the clear roles of s everal department that are specified in its website. The company has made a structure of work for individual departments so as to increase efficacy and efficiency and reduce redundant effort on issues. Each worker can focus on the task assigned specially to them, so that the workers can work well to satisfy the customers’ needs and wants. PT. Asuransi Jiwasraya can be said to have a division of labor as tasks are spread out among the workers. PT. Asuransi Jiwasraya also have a formal selection in selecting people to work in their company, they selected the people based on their technical qualifications. This is because PT. Asuransi Jiwasraya want their workers to be professionals in their scope of work and have the integrity and competence in all the work especially in the field of insurance and financial planning. PT. Asuransi Jiwasraya also have   formal rules and regulation, they have the   standard operating procedure that is clear to all the unit of work, all the workers also have to provisions a minimum level of health of the company (RBC), and all the workers have to listen to the customers, identify, meet and even exceed the customers’ needs as well as anticipating the customers’ needs in the future. The workers are also expected to adjust according to the customer’s expectations. PT. Asuransi Jiwasraya also have career orientations where managers are career professionals not owners of units that they manage, sot   in this company the managers make sure that the workers work well to satisfy the customers’ needs and wants but the managers is not the owners of what they manage. In PT. Asuransi Jiwasraya the owners are the shareholders. So because of that PT Asuransi Jiwasraya are using the management theory’s of Max Weber because PT. Asuransi Jiwasraya has fulfilled the bureaucracy of Max Weber. The Max Weber’s theory is favorable to the company because it allows the company to focus its effort on its clear formal goals. Government’s company are also prone to be said as full of corruption, collusion and nepotism; Max Weber’s theory of management as a model used by PT. Asuransi Jiwasraya can reduce the chance of the issues as employees are appointed based on their performance and competence instead of their favorability among the workers. 0. 4   COMPANY’S ENVIRONMENT Environment are divided into two:   micro and macro. According to businessdictionary. com, micro environment is defined as â€Å"factors or elements in an organization’s immediate area of operations that affect its performance and decision-making freedom† (http://www. usinessdictionary. com/definition/microenvironment. html) micro enviroment consist of   customers, suppliers, competitors, and pressure groups. 1. Customer. PT . Asuransi Jiwasraya is customer’s oriented there for customer’s are of   significantly   high  importance  to the company. Thus, all the products develop by Jiwasraya is base on specific segmentation of its customer’s the products that are available until now are tailored to meet the needs of these groups of customers: a. Averse investor (example product: JS Plan Dollar) b. Adult with children (example product: Dana Multiproteksi Plus c. People in general (example: Asuransi Kecelakaan Diri) d. Organizations(example porduct: Asuransi Kesehatan) e. Old people (example porduct: Jaminan Hari Tua f. Students (example porduct:JS Prestasi) g. Workers (example porduct: Dana Fleksibel) 2. Suppliers. Managers   must ensure that the daily requirement (supplies) that is needed by the company are sets in the lowest price, and the manager have to ensure that the suppliers delivers the needed inputs right on time. So the managers of PT. Asuransi Jiwasraya have to make sure that all the things that the company needs to keep the company running has been fulfilled by the suppliers, because suppliers not only have to cover up the equipment for the company, also provide the financial and labor inputs, so to keep the performance of PT. Asuransi Jiwasraya , the managers of PT. Asuransi jiwasraya   have to choose   the suppliers wisely, because suppliers is one of the important things to keep the performance of the company. 3. Competitors. In all types of organizations, profit or non-profit have competitors, and managers cannot afford to ignore the competitors. PT. Asuransi Jiwasraya   also have many competitors, and they can’t change that, but they can avoid the competitors by giving better performance to the customers. Competitors can be a positive influence or a negative influence. A healthy competition encourages businesses to pursue the fulfillment of the needs of customers, thus increasing the quality of product and satisfy customers better. But if company is unable to keep up with the competition in the market by   utilizing all resources, then it may become a bad influence resulting in the fall of the organization as a whole. Example of PT. Asuransi Jiwasraya’s competitors include: PT. Asuransi Jiwa Manulife, PT. Prudential Life Assurance and PT. Asuransi Jiwa Sinarmas. 4. Pressure groups are groups of â€Å"Non-profit and usually voluntary organization whose members have a common cause for which they seek to influence political or corporate decision makers to achieve a declared objective. The managers must recognize the   special interest groups that attempt to influence the actions of organization. However, it does not seem that the company has any pressure group. The second environment is macro environment. According to businessdictionary. com Macro environment is define as â€Å"The major external and uncontrollable factors that influence an organization’s decision making, and affect its performance and strategies† (www. businessdictionary. com/definition/macro-environment. html#ixzz2NSE44Kgp) macro environment consist of: 1. Economic conditions. http://www. worldbank. rg/en/country/indonesia/overview Indonesia continues to make a significant economic growth, in July 2012 the baseline outlooks for Indonesia is 6% and increase to 6,3% on the year of 2013, and because of that the country gross national income is rise from $2. 200 in the year of 2000 to $ 3. 200 in the year of 2009. So it also make a good impact for the financial management of PT. Asur ansi Jiwasraya. 3. Political conditions http://asean. fta. govt. nz/indonesia-political-situation/ http://directaction. org. au/issue35/currents_undermining_indonesian_political_stability http://www. orbes. com/2009/07/17/indonesia-jakarta-economy-hotels-opinions-contributors-yudhoyono. html Indonesia has a quite stable political condition. Legal rules are established and internal conflicts have currently subsided. Indonesia has also improved in terms of its democracy as the dictatorship of Suharto was ended. Despite different political issues such as corruption and legal reformation, Indonesia was able to tackle difficulties in politics such as the bombing that happened last year. Due to this stability in political environment, companies in Indonesia including PT. Asuransi Jiwasraya enjoy predictable influence of law on their business. In other words, any loss derived from legal system fluctuation can be eliminated. The major political flaw of corruption in Indonesia however, does affect the business in a negative way, as it creates a negative perception of any government-related organization in the mind of its citizens. 4. Sociocultural conditions. Every customers have a changing attitudes and response. So managers must adapt their practices to changing expectation of the society, as this value, custom change so managers must also change. PT. Asuransi Jiwasraya is offering a program to make the customers feel secure in every aspect of their life, So the managers’ job is to make a new innovation to make the customer more satisfy and feel more secure. So PT. Asuransi Jiwasraya can meet the changing expectations of the customers. In Indonesia, majority of the society is Muslim. This means that there is a need for the company to understand that services, especially a monetary service such as insurance has a differentiated regulations to the people of Indonesia, aside of the government regulation. The company should respond to this by giving an appropriately related service. . Technological conditions. The ever increasing complexity and power of technology also affects the organization. All companies in the current era have to be able to take advantage of technology development. This is because it can increase the value of work done. As a part of a society where technology is growing rapidly, PT. Asuransi Jiwasraya has adapted to the technology and utilizes some beneficial technology to help its processes. In the process of communication, for example, PT. Jiwasraya have always tried to apply the latest in communications technology complements the speed and accuracy of service. The technology is called the JL-Indo and V-SAT. Through Indo JL-policy printing process can be done at the branch where the policy issued, while the V-SAT is a communications technology that connects the entire office PT. Jiwasraya both Head Office, Regional Office or Branch Office into a single unit (on line). PT. Jiwasraya use this technology to support for having effective communication environment. Other than that, the company has also taken advantage of the limitless possibility of internet such as through the creation of website and the establishment of e-procurement system. . 0   Ã‚  COMPANY ORGANIZATIONAL STRUCTURES Managers and their job descriptions: Board of Comissioner: 1. Djonny Wiguna 2. M. Sapta Murti 3. Sumiyati 4. Sumyana Sukandar Comissioners are the government’s officials that are in charge of the company as a whole. Comissioners make company regulations and decides on policies regarding external factors of the company such as lands and environments. Comis sioners also train and employs people for the managerial positions in the company. (http://www. mrsc. org/subjects/governance/responsibilities. aspx) Board of Directors: . President Director: Hendrisman Rahim The president director have a job to leading the implementation of the management company for the interests and objectives of the company, the president director also have to be the coordinator of all the other members of the Board of Directors in carrying out the duties and authority of the Board of Directors are set out in the Articles of Association, the president director have the responsibility to oversee the Secretariat Division and the Division of Internal Control Unit. 2. Director of Coverage: Hendrisman Rahim The director of coverage have a job to setting the culture of the company, director of coverage also have a job to developing strategy and direction for the company, director of coverage also have a job leading the executive/senior management of the company (including firing and hiring) . 3. Directors of Marketing: De Yong Adrian The marketing director is responsible for the entire operation of company’s marketing department, the director of marketing have the responsibility to make the company is known by the customer’s, the directors of marketing also supervises and coaches the company’s marketing team. 4. Directors of Finance: Hary Prasetyo Finance Director has overall control and responsibility for all financial aspects of company strategy and is expected to analyse figures and implement recommendations based on these findings with the most profitable outcomes, the financial management often managing and leading a team through difficult periods including month end, year end and annual budgeting, a Finance Director would have excellent communication skills with all levels of staff, often having to work with various departments to help them plan and manage their own budgets. Division Heads: 1. Division Head of Secretariat: Sumarsono Secretariat is defined as the administrative department of governmental organization(http://www. merriam-webster. com/dictionary/secretariat). The administrative department is usually responsible for daily accounting, organizational agenda and of messages from and to the organization. A secretary as a part of the secretariat is also responsible to assist directors. 2. Division Head of Internal Control Unit: Erry Syafruddin This division’s work is to make sure that all the units in the company work in accordance with the predetermined objectives and evaluating work quality of people working in the organization. They also check documents that are related to observed issues filed by the directors as well as preparing appropriate letters of response 3. Division Head of Finance Accounting and Collection: Danang Suryono Finance division head’s task is to solve issues related to finance. The department of finance makes financial policies for the sake of the company and report any error to directors. Finance division head creates the budget plan of the company and forsee any financial chance or problem that the company may face. 4. Division Head of Investment: Syahmirwan This division makes policies and plans on what assets the company should invest on or sell in order to keep the company’s financial attributes strong. The division monitor allthe assets owned by the company and calculate investment risks for the company. 5. Division Head of Human Resources:   Udhi Prasetyanto Deals with the planning and organizing of human capital of the company. Resolves any problems between the workers of the company and file the profiles of individual employees. Is also responsible to consult the workers in relation to their work and any complaints about the company, thus making them in charge to file complaints to the different departments in the company. The division manages the placing of new employees and making sure that new employees are able to do their expected work. Training and internship are also the fields that   human resource department are responsible for. 6. Division Head of General and Fixtures:   Kompyang Wibisana The division head of general and fixture have a job to construct the annual work programe for PT . Asuransi Jiwasraya for the year, the head of general and fixtures also have responsibilities to implement administrative affairs public relations and cooperation with other parties, the head of general and fixtures also have to do the storage, distribution and maintenance of equipment items. 7. Actuarial Division Head: Iswardi Division that computes the risk and probability of death, marriage and birth and help insurance company determine their rate based on the statistical observation result. The division makes sure PT. Asuransi Jiwasraya obtain profit from the determined rate of service. 8. Head of Division of Underwriting Retail ; Corporate:   Umi Ratih Underwriting retail is the one who have responsibilities for providing effectiveness and efficient management of all underwriting department, this includes overseeing that the underwriting of all loan types offered by HomeStreet Bank, occurs in a timely manner and in accordance with company and investor guidelines. . Head of Division of Agency Retail ; Corporate: G. Agung Nugraha Susanta The head of agency retail have to be responsible to development as per retail standards and ensuring adherence to timelines, Division of agency retail is a people who is responsible for selling the product of PT. Asuransi Jiwasraya that only in the form of retail and also have to manage all the management of agency retail in PT. Asuransi Jiwasraya. 10. Division Head of Retail ; Corporate Selling:   Fitriansyah The head of retail and corporate selling have a job to watch and coordinate all the governments and staff division of retail and   corporate sales according to the span of control, head of retail also have to coordinate and be responsible for the creation of command updates in accordance with the development of market industry insurance matters relating to strategy (Pattern) Retail and corporate sales. 11. Head of Marketing Division:   Leonard Tambunan   Ã‚   The job of the marketing division is to manage product, price, distribution and promotional strategy for the company. This means that the division plans on what products to be made, where it will be marketed, and the price of the product and how to create better company image while meeting the needs of the costumers through the value of the product. 12. Division Head of Information Technology:   Ari Faizal Aliaini The division head of information have a job to oversee the development, implementation, and use of technology throughout the firm. The division head of information technology also have the responsibility to range the information systems and telecommunications activities, including determining user requirements, recommending practical solutions, and leading firm-wide efforts to improve the effective use of technology, the division head of technology also have responsibilities to provide expertise and support during system upgrade, installation, conversion, and file maintenance. 13. Division Head of Pension Fund Financial Institution: Lusiana The division manages the fund specified for the pension fund for the employees that retires from the company due to age, health or disability factors. It ensures that retired employees are given their rights so that they may gain benefit as they have been beneficial to the company during their year of services. In this way, the company continues to make employees feel that they are appreciated. In general, Division Heads are responsible of supervising management staffs properly. They are expected to be in charge of interpreting regularizations into policies that the division should follow in their activities. Division Heads are also in charge of making necessary changes and proposing plans regarding their divisions in a way that will help the division to develop. One of the jobs of a division head is to be a leader for the people who work in the division. Therefore, a division head should be able to aid the workers, oversee and evaluate their work and give proper feedback to the workers. Other than that they are responsible to create a good relationship between the division and customers in general. http://www. bestsamplejobdescription. com/director-job-description-2/division-director-job-descriptio/) Regional Managers: 1. James Tomasoa Jakarta I Regional Manager 2. Saripudin Bandung Regional Manager 3. I Nyoman Surata Semarang Regional Manager 4. Eddy Susanto Surabaya Regional Manager 5. Libertus Ompusunggu Makassar Regional Manager 6. Bachruddin Manado Reg ional Manager 7. Novi Rahmi Palembang Regional Manager 8. Sulik Harsono Malang Regional Manager 9. Jumino Balikpapan Regional Manager 10. Karmanto Pekanbaru Regional Manager 11. Dafras Jakarta II Regional Manager 12. Dwi Laksito Pontianak Regional Manager 3. Rotua Pasaribu Medan Regional Manager 14. Adi Susanto Denpasar Regional Manager 15. M. Idris Cirebon Regional Manager 16. M. Arifin Yogyakarta Regional Manager 17. Supardi Sudiro Jakarta III Regional Manager Regional managers are responsible for driving sales in the area of their responsibility through good leadership, customer-relationship and strategies. In businesses where the product is in the form of goods, they are responsible for merchandising of the business, but as PT. Asuransi Jiwasraya is a service company, regional managers are not expected to be responsible for merchandising. Regional managers must be able to communicate the company’s goals to each individual stores in its region. They also have to monitor that all activities are done in accordance with the regulations of the company and that all conduct meets the expectancy of the corporation. (http://www. paper-source. com/jobs/Regional-Manager-Job-Description. pdf) 6. 0   COMPANY MOTIVATION Every company must have a goal that needs to be achieved, to do that every company have to be capable of using all of resources that the company has including human resource. Human resources are very important on every step that the company has made. The success of the company   is depends on its performance. The performance of the workers inside the company depends on: personality and ability, task difficulty, resource availability, working conditions and chance or luck. But besides that, another important factor that contributes to performance is the motivation given by the company to its workers is given by the company. One of motivation that is given by PT. Asuransi Jiwasrayal is   by   providing the compensation monetary. Compensation monetary is a motivation that is given by the company by   giving the   employees a reward in the form of money. And   the result is, PT. Asuransi Jiwasraya has successfully gaining the performance of the workers. PT. Asuransi Jiwasraya also can motivate the employees by making many events that can allows relation of employees to grow. So by making many events between the employees it can gaining the sense of belonging of the customers. PT. Asuransi Jiwasraya have a program called â€Å"management performance system†   the goal from making this performance management system is to measure the performance of the workers work, and   the result is that the employees on PT. Asuransi Jiwasraya not yet giving the best of their performance. The desire for the employee’s to achieve the goal of the company are still small, because of that reason PT. Asuransi Jiwasraya is motivating employees by giving a job enlargement to the employees. By giving the job enlargement it can make the employees to dedicate more effort into their jobs, So it can make the employees feel that they have to achieve more   than what the company has expected, so it make a good motivation for the employees, and also give a good impact for the company performance because the employees will act in the company’s favor. . 0 Company’s strategic management process 1. Identifying the company’s current mission, goals and strategies: Company’s mission: Provide certainty, security and convenience through the use of competitive and innovative solution to customers in need of insurance and financial planning. The company’s current goal is to be one of th e top five biggest insurance company and to in long term becomes a globally known insurance company. 2. Identifying external factors: Opportunity and threat: The opportunity that arises for companies in insurance service providing business for the year of 2013 is the trend of increasing number of people purchasing insurance online. The threat faced by the companies is the fact that insurance company often mis-sell their product. This means that an insurance company might have sold their product to people who really does not need the product. Another threat faced by the company is people’s negative attitude towards insurance company, as claiming any compensation is assumed as a complicated process. 3. Identifying internal factors: Company’s strength: 1. The company has been established for a long time, so it has a strong fundation 2. It is a well-structured company and jobs are defined clearly for everyone in the company allowing them to focus on their individual task, thus developing professionalism 3. Strong relationships between the company’s employees 4. Has won awards that may increase its credibility in the eyes of potential market including a â€Å"Best Life Insurance† award 5. Has established connection with other trusted companies 6. PT. Asuransi Jiwasraya has gained its customer’s loyalty as proven by its award in 2005: â€Å"Indonesian Customer Loyalty Award† Company’s weaknesses: 1. The company’s background theory, the Max Weber theory of management results in the loss of flexibility. 2. The company is very oriented towards satisfying a limited group of people which is Indonesian people that everything is established in a strong Indonesian culture. 3. The lack of promotional effort 4. The company has yet to utilize technology in its benefit to its maximum potential Formulating strategies These are the strategies used by PT. Asuransi Jiwasraya: The current strategy applied is new product development, improvement of the quality of human resources and investment on information technology. 1. New product development. The company continues to create new products that serve the needs of the customers better. For example, in the year of 2012, the company created 5 traditional products and 2 â€Å"unit-linked† products which are claimed to be more flexible as the customer can take fund out and invest more fund after 6 months of the first investment. http://www. jiwasraya. co. id/detailberita. php? id=486lang=id) 2. PT. Asuransi Jiwasraya tries to penetrate market of different segment. The company continues to grow but as the target of increase is not reached, the company expands its area of srvice by targeting new market segment which is of the younger group of people. The insurance company produces new roduct that brings benefit especially to students. (http://keuang an. kontan. co. id/news/kinerja-jiwasraya-meleset-dari-target) 3. Improvement of quality of human resources . Utilization of technology in the organization for example the establishment of the e-procurement (online purchasing of insurance) by the company (http://systemloverz. wordpress. com/2012/12/14/penerapan-e-procurement-untuk-mewujudkan-good-corporate-governance-di-bumn/) 5. Increasing the number of agents in the organization 6. Establishing and maintaining beneficial relationship with other companies 7. Gain positive reputation through different charitable actions The company has a good strategic management process. The flaw to the strategy is that the company is very focused on its goal of reaching more premium and of creating better quality products that the company seem to neglect the fact that promotion is an important part in business. The company needs to increase its budget on advertising and its frequency of advertising. They need to establish ways for target market to find out about them rather than letting the target market find them by chance. This is also true as some people makes their choices based on the fact that the company How to cite Management of Pt.Asuransi Jiwasraya, Essay examples

Motion Picture Industry and Movie Theaters Trends and Challenges

Introduction This report is aimed at discussing the opportunities and challenges faced by contemporary motion picture industry and especially movie theaters. In particular, it is necessary to show how various political, economic, social, or technological factors can impact this industry. Furthermore, this paper has to analyze the trends within this industry.Advertising We will write a custom report sample on Motion Picture Industry and Movie Theaters: Trends and Challenges specifically for you for only $16.05 $11/page Learn More On the basis of this discussion, we will be able to make recommendations that can improve the work of these companies. Overall, it is possible to say that this market is wrought with contradictions such as increase of revenues and lower levels of attendance or changing demographic situation in the United States (Gove Matherne, 2009, p 1). At this point we can say that skillful use of online technologies and ability to attract cu stomers is the key to successful performance of these companies. Summary of macro-environmental analysis While discussing external factors influencing this industry we will rely on the so-called PESTLE model allows us to describe political, economic, social, or technological environment in which movie theaters operate. First, we need to say that political factors continue to have beneficial impact on these companies and the government is still willing to protect their independence from film studios. According to the Supreme Court decision in United States vs. Paramount Pictures that allows theaters to decide what kind of films they want to purchase (Melnick Fuchs, 2004, p 128); moreover according this court decision the film producing companies are not allowed to own shares of movie theatres (Biagi, 2006, p 138; Gove Matherne, 2009, p 2). Although, this decision was taken more fifty years ago, it remains important for movie theaters. Economic factors are more likely to have a bala nced effect on this industry. Despite ongoing economic recession, people still view movies as a good entertainment option. In part, it can be explained by the fact that it gives the best price-quality ratio. For instance, the price of ticket is $27 while the ticket to an amusement park costs $ 140 (Gove Matherne, 2009, p 1). Nonetheless, one has to acknowledge that economic downturn is not a positive force for movie theatres as attendance throughout the country declines. When speaking about social factors, we should focus primarily on demographic changes in American population. It is expected that the target audience of movie theaters (people whose age ranges from 12 to 24) will increase by 9 percent (Gove Matherne, 2009, p 2). At first glance, one can argue that these changes will result in a larger number of viewers.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Nonetheless, one shou ld bear in mind that overall American population is growing at much quicker pace, namely 17 per cent, while their main demographic group is expanding more slowly. In addition to that, we need to mention that the lifestyles of American people has been changed, for example, each year Americans spend approximately 3500 hours on entertainment, and only 0. 34 percent of this time (12 hours) at movies (Gove Matherne, 2009, p 1). Technological factors will produce a mixed effect on the performance of movie theaters. On the one hand, the emergence of HD (high-definition) television and Blu-Ray DVDs allowed the viewers to want high-quality videos at home (Gove Matherne, 2009, p 6). Overall, rapid development of online technologies has made less attractive for many people. Yet, we should note that increasing popularity of 3-D films can revive this industry (Nelmes, 2003, p 16). With its help, movie theaters can make the viewers’ experience more fulfilling and satisfying. This is why one should not suppose that technology should be regarded only a negative force. The impact of legal factors is not beneficial. Namely, we need to speak about Internet piracy and numerous copyright violations (Segrave, 2003). Modern information technologies enable users to share not only songs but videos as well. Many people do not think that it is necessary to pay for the ticket when they can download the same film via Internet. Contemporary legislation provides virtually no safeguards against this infringement. Under such circumstances, film studios and movie theaters lose a substantial part of their profits. Environmental factors will not produce profound effects on the functioning of movie theatres, but it is quite probable that in the future these companies will need to adopt technologies that allow more efficient use of energy, for example, solar water heaters, solar panels and so forth. However, these changes will not manifest themselves very soon. These are the major finding s of macro-environmental analysis. At this stage, we need to discuss the trends within this industry. Summary of industry analysis Michael Porter’s model of Five Forces has been adopted to analyze this market. At first, we need to discuss the threats of new entrants. At this moment it is relatively high since there is no switching costs for the customer and a new company can entice viewers, if they manage to offer excellent quality of services. Nevertheless, one has to take into consideration that the majority of modern movie theaters are either multiplexes or megaplexes which comprise from 2 to 16 screens (Gove Matherne, 2009, p 3). Hence, a new company should first make considerable investment; otherwise it will difficult for them to compete with other market players.Advertising We will write a custom report sample on Motion Picture Industry and Movie Theaters: Trends and Challenges specifically for you for only $16.05 $11/page Learn More Seco ndly, the bargaining power of suppliers (film studios) is not very strong. Currently, they are not permitted to dictate their terms to the theaters, for example they cannot force them to buy several movies at a time (Biagi, 2006, p 138). Again, this is the result of the Supreme Court decision in United States vs. Paramount Pictures. Furthermore, movie production companies are not allowed to discriminate against small theaters. Therefore, one can say that theaters are relatively independent of their suppliers. In contrast, the bargaining power of customers is very strong as they can easily switch from one movie theater to another. Furthermore, they have many resources for entertainment at their disposal such as Internet, home video devices etc. Furthermore, one should consider the intensity of competition in this area. There are four major rivals in this industry (Cinemark, Carnike, Regal, AMC and Regal); these companies control approximately 40 percent of market (Gove Matherne, 20 09, p 3). Moreover, they are much smaller companies. The key issue is that their offerings are not essentially different in terms of prices or services (Moul, 2005). Still, while competing with one another they focus on such issue as location of the theater, in particular, its proximity to cafes and restaurants or convenience of parking. Thus, one can say that competition is not very intense. Finally, we need to discuss the threat of substitute products; at the given moment it is very high, especially if we are speaking about the growing popularity of HD television. More importantly, it is worth mentioning that the time between theatrical release and DVD release is becoming smaller; at this moment it equals 23 weeks while before 2000 it was 37 weeks (Gove Matherne, 2009, p 6). This is another reason why substitute products enjoy demand among customers. Conclusion This discussion indicates that in the future the performance of movie theaters will significantly depend on their abilit y to implement new technologies such as 3-D displays. These technologies are still emerging and they can give competitive advantages to those companies which adopt them first. However, this advantage will be temporary; the key to success will be the quality of services that they offer to clients. References Biagi S. 2006. Media/Impact: An Introduction to Mass Media. NY: Cengage Learning Gove S Matherne B. 2009. A Horror Show at the Cinemaplex? Case Study pp 1- 6.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Melnick. R. Fuchs A. 2004. Cinema treasures: a new look at classic movie  theaters. Ney York: Voyageur Press. Moul C. 2005. A concise handbook of movie industry economics. Cambridge: Cambridge University Press. Nelmes J. 2003. An introduction to film studies. London: Routledge. Segrave K. 2003. Piracy in the motion picture industry. NY: McFarland. United States Congress. 2010. â€Å"Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010†. The Library of Congress. Accessed from https://www.congress.gov/ This report on Motion Picture Industry and Movie Theaters: Trends and Challenges was written and submitted by user Mentor to help you with your own studies. 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