Sociology and Good Facial Expressions Essay - 746 Words

Level 3 Subsidiary Diploma in Health and Social Care Unit 1: Development effective communication in health and social care M3- Assess your communication and interpersonal skills in relation to each interaction In this assignment I will be assess my communication and interpersonal skills in relation to each interaction. 1-Assessment of my group presentation Case study or scenario – was presented with aid of a power point Carlyon is a 57 year old man who had a stroke 12 months ago. He lives at home with his wife who has been assessed as his carer. He enjoyed entertaining people at home before his stroke, and it has taken him a while to develop his skills so that he can invite people to his home again without feeling†¦show more content†¦In most groups there are people who speak a lot and others who speak rarely, if at all, because they feel uncomfortable speaking in front of a group of people or they are just not interested. Groups work best if there is a team leader who encourages everyone to have a say in turn, rather than everyone trying to speak at once. 2- Assessment of my one to one presentation Case study or scenario – this was played out in class with one of my peers, I played Mr-Barhrami. Mr Bahrami moved into Maple Green Care Home three months ago. He is feeling very cared for in terms of the personal care that he receives, but has a deep- seed loneliness that has made him very withdrawn. His move was associated with the death of wife, who had been his main carer. She also was the main person that communicated with Farsi. Although he moved to Britain from Iran 10years ago and can speak some English, his dialogue is very limited. My strengths * There was excellent eye contact between my peer, the audience and I. * Good facial expressions were used in the one to one interaction. * Appropriate open and closed questions were answered during my one to one interaction. * I took my time appropriately when speaking to the social worker (which was played by my peer Shirley-Ann). * I use a clear voice tone during the interaction. * I expressed myself in an articulate manner during my one to oneShow MoreRelatedA Critical outline of the main features of Functionalism, Symbolic Interactionism And Marxism1376 Words   |  6 PagesSociology, the study of society; has been adapted by many sociologists so as to put across their own theories. The most important Sociologists of the early 19th century were Emile Durkeim, Karl Marx and Max Weber; a common factor with all these men is that they were all influenced by the world in which they lived. 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Nonverbal communicationRead MoreNorms Are Social Expectations That Guide Our Behavior884 Words   |  4 Pagesat the time, decipher which party was in control, the humans or the dogs? My friend and I decided that this sight was†¦ too much†¦ so we decided to slowly walk away in a backward manner. Having prior knowledge of my sociology norm paper assignment, my friend thought it would be a good idea to get to a fair distance and watch the reactions of people walking by the self perceived sà ©ance. We wanted to figure out if we were missing something, or if this was, indeed, a norm violation. Every person whoRead MoreEthno669 Words   |  3 Pagessociety. You will use your knowledge of course concepts related to disability identity and group belonging. The interview can take place in person or, if absolutely necessary, over Skype, but not on the phone. It is important that you read facial expressions and have a sense of the respondent’s non-verbal communication. You should find out as much as you can about the respondent’s relationship to the social category of disability or chronic illness and sense of group membership. Include the followingRead MoreThe Moral Principles Of Ethics1352 Words   |  6 Pagesdominated the moral values of society and therefore had different ideas on what was right and wrong. Many society used fear to instill goodness in the self and therefore the self may have acted in a manner of goodness out of fear. The self’s need to do good for the other can be influenced by various social factor and Levinas explores the origin of moral values from the level of an individual. Levinas believe that the moral is established at a personal level and not at social, religious or through a civilizingRead MoreMy Primary Goal Of Impression Management1683 Words   |  7 PagesName: Number: Course: Lecturer: Date: Sociology 3. 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The Cost Of Education For Substandard Economy - 1477 Words

Bal was born in one of the small villages in Nepal with substandard economy. He had to struggle his way out of the confines of a suburb life in order to gain quality education. He had a modest childhood as he went to a small village school where quality education was almost impossible to get. Since, the cost of education was in equal terms with the quality of education he received, it was not a big burden for his family to pay his tuition. Later, when Bal reached high school, a slight degree of financial strain began to press on his family. Giving up to the financial pressure, Bal started to teach when he was a teenager when his family’s financial situation aggravated by the absence of his parents who were in a different place in search†¦show more content†¦I met a lot of people and was exposed to a new culture.† he mentioned and continued with a genuine shrug, â€Å"It prepared me for adventures in my life.† He went back to Nepal after a year in Japan. Bal, then got a full bright scholarship for his PHD and came to US. Full Bright is â€Å"the flagship international educational exchange program sponsored by the U.S. Government.†(http://us.fulbrightonline.org/about). Bal said, â€Å"This scholarship is what turned my world around. Had it not been for this scholarship, I would have ended up teaching at some college at Nepal with just a minimum wage.† This scholarship led him to an entirely different path in his life. One US dollar exchanges for 100 Nepalese Rupees, so, I was seemingly impossible for him to pay his cost of attendance here at US, but the scholarship made him aspire for more, gave him bigger future along with a chance to broaden his academic potential and most importantly helped harvest a talent that could have otherwise been wasted in some rural part of Nepal. Bal has embraced teaching as a part of his life now. It’s a wonderful journey made by a poor boy from a small village in Nepal. â€Å"It’s satisfying.† Bal says and pauses for a while to contemplate and starts, â€Å"As I look back at my life, I get a sense of how my life has been full of struggles and challenges and these scholarships have helped me make my way out of those struggles† Bal emphasizes that the scholarships make him work even harder because he knows that

Micro Business Economics Philip Morris

Question: Discuss about the Micro Business Economics by Philip Morris. Answer: (1) Cigarette Advertising The profit (payoff) of Philip Morris = $1 * 4 billion * [AP / (AP + AR)] AP The profit (payoff) of R. J. Reynolds = $1 * 4 billion * [AR / (AP + AR)] AR There are 4 levels of advertising: $200 million, $400 million, $600 million and $800 million. (a) The payoff matrix for this advertising game is: Reynolds Philip $200 million $400 million $600 million $800 million $200 million 1800 , 1800 1133.3 , 2266.7 800 , 2400 600 , 2400 $400 million 2266.67 , 1133.33 1600 , 1600 1200 , 1800 933.33 , 1866.67 $600 million 2400 , 800 1800 , 1200 1400 , 1400 1114.29 , 1485.71 $800 million 2400 , 600 1866.67 , 933.33 1485.71 , 1114.29 1200 , 1200 In the payoff matrix, the first component of each cell represents the payoff of Philip Morris and the second component represents the payoff of R.J. Reynolds. The payoffs are in terms of million dollars. (Varian, 2009) (b) There is only one Nash equilibria in the advertising game. It is when both Philip Morris and R.J. Reynolds are spending $800 million dollar each on advertising. It is the only outcome which is mutually beneficial to both and is hence Nash equilibria. The payoff to each is $1200 million under the Nash Equilibria. (Pindyck and Rubinfeld, 2009) (c) When it becomes infeasible for the cigarette companies to spend $800 million on advertising due to the government ban, the maximum advertising expense will be $600 million. The resulting payoff matrix is shown as follows: Reynolds Philip $200 million $400 million $600 million $200 million 1800 , 1800 1133.3 , 2266.7 800 , 2400 $400 million 2266.67 , 1133.33 1600 , 1600 1200 , 1800 $600 million 2400 , 800 1800 , 1200 1400 , 1400 The Nash equilibrium in the new advertising game is generated when both Philip Morris and R.J Reynolds spend $600 million on advertising. The payoff to each will be $1400 million. (Varian, 2009) Under the ban, the payoff of both Philip Morris and R.J Reynold is $1400 million. Hence, their payoff is increasing due to the ban. Thus, they are both better off from the ban. References: Pindyck, R. and Rubinfeld, D. (2009). Micreconomics. 7th ed. New Jersey: Prentice Hall. Varian, H. (2009). Intermediate Microeconomics: A Modern Approach. 8th ed. New York: W. W. Norton Company.

The Holy Trinity and The Isenheim Altarpiece Essay Example For Students

The Holy Trinity and The Isenheim Altarpiece Essay The Holy Trinity by Masaccio was done approximately 1428. It is a superb example of Masaccios use of space and perspective. It consists of two levels of unequal height. Christ is represented on the top half, in a coffered, barrel-vaulted chapel. On one side of him is the Virgin Mary, and on the other, St. John. Christ himself is supported by God the Father, and the Dove of the Holy Spirit rests on Christs halo. In front of the pilasters that enframe the chapel kneel the donors husband and wife. Underneath the altar a masonry insert in the painted composition is a tomb. Inside the tomb is a skeleton, which may represent Adam. The vanishing point is at the center of the masonry altar, because this is the eye level of the spectator, who looks up at the Trinity and down at the tomb. The vanishing point, five feet above the floor level, pulls both views together. By doing this, an illusion of an actual structure is created. The interior volume of this structure is an tension of the space that the person looking at the work is standing in. The adjustment of the spectator to the pictured space is one of the first steps in the development of illusionistic painting. Illusionistic painting fascinated many artists of the Renaissance and Baroque periods. The proportions in this painting are so numerically exact that one can actually calculate the numerical dimensions of the chapel in the background. The span of the painted vault is seven feet, and the depth is nine feet. Thus, he achieves not only successful illusion, but a rational, metrical coherence that, by maintaining the mathematical proportions of the surface design, is responsible for the unity and harmony of this monumental composition. Two principal interests are summed up by The Holy Trinity: Realism based on observation, and the application of mathematics to pictorial organization. All of the figures are fully clothed, except for that of Christ himself. He is, however, wearing a robe around his waist. The figure is real; it is a good example of a human body. The rest of the figures, who are clothed, are wearing robes. The drapery contains heavy folds and creases, which increases the effect of shadows. The human form in its entirety is not seen under the drapery; only a vague representation of it is seen. It is not at all like the wet-drapery of Classical antiquity. Massacio places the forms symmetrically in the composition. Each has its own weight and mass, unlike earlier Renaissance works. The fresco is calm, and creates a sad mood. The mood is furthered by the darkness of the work, and the heavy shadows cast. Grunewalds The Isenheim Altarpiece is an oil painting on wood, completed in 1515. The altar is composed of a carved wooden shrine with two pairs of movable panels, one directly in back of the other. The outermost scene is the Crucifixion; on the inside there are two others. On the two sides,  two saints are represented St. Sebastian on the left, and St. Anthony on the right. Together, these saints established the theme of disease and healing that is reinforced by the inner paintings. On the bottom of the panel, when opened, it appears that Christs legs were amputated; possibly an allusion to ergotism, a disease treated in the hospital where the altarpiece was kept. An image of the terrible suffering of Christ is in the middle. The suffering body hangs against the dark background, which falls all the way to the earth. The flesh is discolored by decomposition and is studded with the thorns of the lash. His blackening feet twist in agony, as do his arms. His head is to one side, and his fingers appear as crooked spikes. The shuddering tautness of Christs nerves is expressed through the positions of his fingers. Up to this point, no other artist has ever produced such an image of pain. The sharp, angular shapes of anguish appear in the figures of the swooning Virgin and St. John, and in the shrill delirium of the Magdalene. On the other side, John the Baptist, a gaunt form, points a finger at the body of the dead Christ. .u7624ec07bbfa2fa9ca65a54f74e43c57 , .u7624ec07bbfa2fa9ca65a54f74e43c57 .postImageUrl , .u7624ec07bbfa2fa9ca65a54f74e43c57 .centered-text-area { min-height: 80px; position: relative; } .u7624ec07bbfa2fa9ca65a54f74e43c57 , .u7624ec07bbfa2fa9ca65a54f74e43c57:hover , .u7624ec07bbfa2fa9ca65a54f74e43c57:visited , .u7624ec07bbfa2fa9ca65a54f74e43c57:active { border:0!important; } .u7624ec07bbfa2fa9ca65a54f74e43c57 .clearfix:after { content: ""; display: table; clear: both; } .u7624ec07bbfa2fa9ca65a54f74e43c57 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u7624ec07bbfa2fa9ca65a54f74e43c57:active , .u7624ec07bbfa2fa9ca65a54f74e43c57:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u7624ec07bbfa2fa9ca65a54f74e43c57 .centered-text-area { width: 100%; position: relative ; } .u7624ec07bbfa2fa9ca65a54f74e43c57 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u7624ec07bbfa2fa9ca65a54f74e43c57 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u7624ec07bbfa2fa9ca65a54f74e43c57 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u7624ec07bbfa2fa9ca65a54f74e43c57:hover .ctaButton { background-color: #34495E!important; } .u7624ec07bbfa2fa9ca65a54f74e43c57 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u7624ec07bbfa2fa9ca65a54f74e43c57 .u7624ec07bbfa2fa9ca65a54f74e43c57-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u7624ec07bbfa2fa9ca65a54f74e43c57:after { content: ""; display: block; clear: both; } READ: Painting Styles EssayEven though death and suffering are dominant in the altarpiece, there are symbols of hope: The river behind St. John, which represents baptism, and the wine-red sky which symbolizes the blood of Christ. Through these bols, a hope of salvation is offered to the viewer. The use of space is ambiguous in some places: All of the forms are at the same general depth in the painting. However, none of the forms are tangled, or intertwining. Therefore, the space is not badly used. Once again, all of the forms except for that of Christ are fully clothed. Christ is again wearing a small robe around his waist. The other forms are depicted superbly. Their bodies are not lost behind the drapery which they wear, yet they are not seen exactly either. The folds are more delicate, which create a calmer mood. Christs description was already given. The forms are three dimensional, and also have weight. They clearly take up space, and where they are is clearly defined. As in The Holy Trinity, the composition is generally symmetrical, centered around the body of Christ. It is a frightful composition, because of the events taking place. Expression is shown on all of the figures, who grieve Christs death. Overall, the two works are very similar. Masaccio, however, was more interested in the mathematical aspects of painting than Grunewald. Both works are superb, and have their own distinct qualities.

Riordan Strategic Plan

The Impact of the Real Estate in Dubai Economy

The Impact of the Real Estate in Dubai Economy Abstract This research project aims at finding out the real estate and construction sectors in Dubai. Currently Dubai is one of the emirates that form the United Arab Emirates (UAE) and currently it is the second largest emirate with massive economic opportunities after Abu Dhabi.Advertising We will write a custom research paper sample on The Impact of the Real Estate in Dubai Economy specifically for you for only $16.05 $11/page Learn More Real estate sector in this emirate constitute the main economic artery that has resulted into transformation of the once desert country. Nevertheless evidence shows that with the change in property freehold rights, the emirate real estate sector experience boom until early 2008 before crashing and currently efforts are in gear to revive the sector. More so, the contribution of major real estate companies to the economy of Dubai cannot be ignored and further studies shows that the companies are mega-economy boosters to Dub ai economy. Therefore the conclusion of the research paper is that real estate sector is vital to Dubai economy and efforts to revive the sector from detriments of financial crises are necessary. Introduction Many people all over the world, in most instances, find it difficult to recognize that Dubai is a city and not a country. In viewing, studying or researching about Dubai, what comes in mind is that this is an independent country. In essence, this is not true, as Dubai constitute a prominent city in a country known as United Arab Emirates (Hill 2010). Geographically, Dubai is situated in a Persian Gulf country popularly known as United Arab Emirates (UAE), which, apart from having Dubai, has other six different emirates or principalities (Hill, 2010). The capital city of UAE is known as Abu Dhabi, and on large scale, the country is dominant in Islamic religion and culture. Population statistics from the country show that Dubai is the most populous of all the seven emirates with almost two million people (Hill, 2010). UAE economy depends much on oil and energy but data shows that Dubai’s economy depend less on these resources, and instead, much of the city’s economy depend on real estate and financial service industries together with tourism and trade (Hill 2010). Moreover, Dubai continues to draw the attention of the world due to its â€Å"bold and innovative real estate projects† (Hill, 2010, p.1). The emirate of Dubai experiences â€Å"hot climate, which is sometimes accompanied by humidity† (Hill, 2010). Notable warmest month is August that generally experiences a high temperature of 41.3 degrees; and the emirate is located inside the â€Å"Arabian Desert, and the landscape is dominated by sand, with wild grasses and some palm trees† (Hill 2010).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The official d eclared language of the emirate is Arabic though English has become another widely spoken language as a result of many non-Arabic foreigners in the emirate (Hill, 2010). The essence of this paper, guided by this brief history of Dubai, will be to investigate and evaluate the real estate in Dubai and the way it has contributed to the economy of the emirate and some of the real estate companies in this emirate. Objectives The objective of this research will center on: The economy of Dubai and how it has benefited from the real estate and construction economy. How Dubai construction and real estate has developed through history. How recent financial crises has affected the sector. How change in law has seen foreign rights of property ownership. Importance of investigating the subject Dubai is a first growing economy that is viewed to be nearing that of Singapore. Such resources as oil and natural gas have been associated with UAE but in the case of Dubai, these resources contribute a meager portion. Therefore, an adequate understanding of real estate and construction sector is important in understanding how this particular sector is continuing to grow and impacting Dubai economy. Research Objective The major research objective of the paper involves investigating the role real estate and construction sectors play to the Economy of Dubai. Other related objectives will include how change in law has revolutionalized the sector, the impact and contribution of the major three real estate companies to the economy, and the impact of financial crises to the crises. Literature Review Dubai’s Economy Dubai, which is one of the UAE’s emirates, has positively continued to contribute to the economy of the country where statistics shows that Dubai emirate account for almost 29.2 per cent of UAE’s GDP (Explorer Publishing, 2006). Since its foundation, Dubai relied on oil revenues that initially formed 50per cent of the emirate’s GDP, but as time has elapsed, the role of oil in Dubai economy has decline (Explorer Publishing, 2006). By the year 2004, oil accounted for 6 per cent of the emirate’s GDP and by the start of the year 2010 contribution of oil to the economy of Dubai had further dropped to one per cent. Authors describe Dubai as one of the unique and unusual regions of the world especially with regard to its economic structure. For instance, duties and imports have been eliminated on goods being imported to the Emirate, while at the same time numerous free zones exist such as Jebel Ali free zone, Dubai Maritime City, Dubai Internet City, and Dubai Media City (Caploe, 2010).Advertising We will write a custom research paper sample on The Impact of the Real Estate in Dubai Economy specifically for you for only $16.05 $11/page Learn More The role of these free zones has been to attract foreign direct investment to the emirate. Currently, Dubai houses one of the largest buildings in the world known as Burj Khalifa and other notable buildings include Burj-al-Arab hotel (Caploe 2010). Literatures concerning Dubai postulate that for a long time, the rulers of the emirate knew that a time would reach when oil would run out and as a mitigation measure, there was need to diversify the economy (Explorer Publishing 2006). Today, Dubai prides itself in having a diverse economy that incorporates new sectors such as trade, manufacturing, transport, construction, and real estate as the main contributors to Dubai’s strong and growing economy (Explorer Publishing, 2006). Property and construction sectors contribute 22.6 per cent of the emirate’s economy; trade 16 per cent; shipping, warehousing and logistics account for 15 per cent; tourism contribute 11.6 per cent; financial services account for 11 per cent; and oil and natural gas account for 6 per cent (Caploe 2010). Further, Dubai’s vibrant and growing economy is seen to be benefiting from the strategic locat ion of the emirate, which acts as the prime location for re-exporting center in the Middle East. This is compounded by the fact that Dubai’s costs of operations and logistics are relatively low; the emirate has an international outlook due to numerous citizens of different countries who reside or conduct businesses in the emirate. Starting early this year, statistics showed that the economy of the emirates grew by 2.3 per cent during the first six months of the year where it was noted that trade and manufacturing improved a lot (Dubai Statistics Center 2010 cited in Reuters, 2010). At the same time, it was noted that the property sector again contributed greatly to the economy of the emirate by injecting about 11 per cent of its revenue to the economy although this was a reduction of 3 and 6 per cent as compared to 14 per cent and 17 per cent for 2009 and 2008 respectively (Reuters, 2010). According to the emirate’s economic predictions, they have placed economy to gro w at 2.3 per cent by the end of this year although the International Monetary Funds (IMF) had made its earlier predictions of 0.5 per cent (Reuters, 2010). Even with slight prospects in the economy appearing to be positive, there are still concerns about Dubai’s liabilities that are estimated to be about $115 billion.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Nevertheless, these concerns appear to have been â€Å"eased after Dubai World reached a deal in September to restructure almost $25 billion of debt† (Reuters, 2010). Other worries prevalent in the emirate revolves around a huge debt owed by vital firms in the emirate such as the Dubai Holdings that has a debt of almost $30 billion which will be maturing in the financial period of 2011-2012 (Reuters 2010). Real Estate Economy of Dubai Actual economic development of Dubai is believed to have gained momentum as from 1950s when the late Sheikh Rashid bin Saeed Al Maktoum dredged the Dubai Creek, which in turn led to the expansion of the emirate and the loan he borrowed to expand the emirate repaid immediately to the Emir of Kuwait (United Arab Emirates 2004). Towards the end of 1959, Sheikh Rashid further established Dubai airport and built the pioneer hotel in Dubai in the same year. As a result of these actions by Sheikh Rashid, the first Dubai construction boom started in ear ly 1960, which in turn prompted increase in population of the emirate to about 120,000 people by the end of that decade (United Arab Emirates, 2004). The construction boom that was being experienced included the construction of Port Rashid which main feature was presence of five berth container terminals for big ships during the time and the discovery of oil in Dubai propelled these construction intentions (United Arab Emirates 2004). Further, property construction in Dubai continued in late 1990s as more notable and huge buildings were put up in the emirate that elevated the emirate to a global scale. Such new buildings included a seven-star Burj Al Arab hotel which is rated to be the tallest hotel in entire world while the Emirates Towers constructed during the same period tops as the tallest building in Europe and the Middle East (United Arab Emirates 2004). Sheikh Mohammed as the ruler of the emirate put more emphasis and facilitated development of real estate through the establ ishment of the publicly quoted Emaar Properties in 1997, which has evolved to become the biggest real estate company in Dubai; and in the same league, is the Nakheel Company, which is a Dubai government-owned company (United Arab Emirates 2004). In essence, Dubai’s property construction was greatly influenced by Sheikh Rashid that despite his death in 1990, his policies with regard to Dubai property construction remained a live. Size of Dubai’s real estate sector In 2002, Dubai property market was opened to foreigners and the property sector in the emirate started to experience growth and expansion. The initial road map for real estate boom was started by the launch of first phase of Emaar Properties Emirates Hills plan, which, within a short time had been grabbed by foreign investors (2 Day, Dubai n.d, p.1). The result of this is development of huge and new property eco-system in the emirate of Dubai account for 13 per cent of the emirate’s GDP in the prosperin g construction sector (2 Day Dubai n.d, p.1). During the year 2005, construction sector was the highest developed with a growth rate of 29 per cent followed closely with real estate sector at 22 per cent and currently the diversification projects in the emirate sees real estate as the main driver of Dubai’s economy. During the same period, as construction economy boomed, property prices were predicted to decrease due to slow down in the rush for building. But the same predictions indicated that the sector’s investment of â€Å"$50 billion of residential projects will be built in the next four years, including at least 85,000 new homes, according to research by EFG-Hermes, an Egyptian investment bank with offices in Dubai† (Hanware, 2005, p.1). The real sector further continues to experience growth in the emirate due to establishment of real estate companies such as Emaar Properties, Al-Nakheel, A-Ittihad, and Jumeirah both of which receive government support in their activities (Hanware, 2005). For example, according to Emaar, it had awarded a â€Å"$735.1 million contract to a consortium to build a shopping mall it says will be the worlds largest† (Hanware, 2005). The company had earlier, in January, won another contract to put up â€Å"a multi-billion dollar Dubai Waterfront real estate project which will be open to private and foreign investors† (Hanware 2005, p.1). On the other hand, another government supported Real Estate Company; Nakheel offered 49 per cent through Dubai Waterfront Co. â€Å"to develop the 8,100-hectare residential, tourism and commercial project† (Hanware 2005). Performance of real estate sector in Dubai Key factors have contributed to the success of Dubai’s real estate market, which include turbulence in the Western markets combined with low interest rate thus boosting Dubai property by making it attractive to investors; growing investments from Russia in the emirate and continued expan sion of the tourism sector, which is pushing demand for hospitality real estate (Oxford Business Group 2008). Demand for real estate in Dubai has primarily been stimulated by expansion of economy which in turn has triggered growth of the emirate’s population. At the same time, real estate sector has been boosted by the rising demand for properties from foreign investors especially after the partial liberalization of the sector in 2002, where property market has turned to be a popular investment among majority of investors (Oxford Business Group 2008). Another reason has to do with abundance of liquidity in the market which has contributed to the success of the sector. Liquidity of the market has further been supported and encouraged by high oil and gas prices in UAE. Research Methodology According to J. D. Raadt, author of ‘A Method and Software for Designing Viable Social Systems’, slight differences exist between method and methodology but in most cases, they a re used interchangeably. According to the author, methodology refers to the study of scientific thought; that is, it is the science of sciences (Raadt 2001). On the other hand, method is guided by methodology but in its capacity method deals with handling of information, that is collection of information, its organization, and manipulation for scientific purposes (Raadt, 2001). According to Morley D. Glicken, author of ,A Guide to Writing for Human Service Professionals’ methodology represent that part of research process concerned with description of how data collection is carried out, how sampling process progress, and also data collection procedures (Glicken, 2008). Methodology process to be employed in the research will largely be used to investigate the goals of the research study that include: how economy of Dubai has benefited from the real estate and construction economy; how Dubai construction and real estate has developed through history; how recent financial crises have affected the sector; how change in law has seen foreign rights of property ownership. The last three objectives have been answered through literature review and the methodology to be utilized will essentially answer the first question. Population and sample Nancy Burns and Susan K. Grove, authors of ‘the practice of nursing research: conduct, critique, and utilization’ defines population as totality of all elements, objects or substances that meet certain inclusion in a given universe (Burns and Grove 2005, p.40). A study may be conducted on firms, people and so on. On the other hand, sample has been defined as subset of the population selected for a particular study, while sampling represents the process and technique used for selecting a group of people, events, or other elements with which to conduct a study (Burns and Grove 2005). For this study, the population includes all companies in the real estate and construction economy of Dubai while the sample constit utes the three main large real estate companies in Dubai. Instrumentation Research instrumentation is regarded to be a component of measurement where measurement is defined as, â€Å"the process of assigning numbers to objects or events or situations in accord with some rule† (Burns and Grove 2005, P.40). As a result instrumentation refers to, â€Å"application of specific rules to the development of a measurement device or instrument† (Burns and Grove 2005, P.40). Generally selection of an instrument should be to examine a specific variable in a study and normally data generated with an instrument are at the nominal, ordinal, interval or ratio level of measurement (Burns and Grove 2005). More so, choice of any particular instrument requires wide examination of the instrument’s reliability and validity. Reliability is essentially concerned with how constantly the measurement technique measures a concept while validity of an instrument is the extent to which the instrument in reality reflects the theoretical concept being examined (Burns and Grove 2005). This research will employ case study strategy and instrumentation. According to an online article titled, ‘Research Methodology’ case studies are generally linked with qualitative research but in some instances can be used as a method of inquiry utilizing a positivist epistemology and ontology (Anonymous n.d). Yin (1994) observes that researchers involved in carrying out case studies sometimes may not necessary have to visit the organization they are researching on instead they can collect their data by consulting secondary sources or conducting interview of respondents through telephone or by email (cited in Anonymous n.d). Yin (1994) defines case study as, â€Å"an empirical inquiry that investigates a contemporary phenomenon within its real-life context, especially when boundaries between phenomenon and context are not clearly defined† (Anonymous n.d, p.83). Case stud y has been hailed and been found useful in situations where contextual conditions of the events being studied are critical and where the researcher has no control over the events as they unfold (Anonymous n.d). Advice given by numerous authors is that case study as a research strategy should include specific techniques for collecting and analyzing data, guided by precise stated theoretical assumptions. At the same time, data need to be collected from different sources and its integrity to be verified. The case study strategy is favored due to its usefulness for practice-based problems where the experience of the actors is important and the context of action is critical (Lee 1989; Galliers 1991 cited in Anonymous n.d). The selection of firms’ cases was based on two major reasons. First, the three firms are relative large in terms of asset and financial as compared to other firms therefore there contribution to Dubai economy is big; second, in the three firms, the Dubai governm ent has shares in the firms hence there presence and operation in the market is seen to be directly linked to the economy of the emirate. Therefore compared to other methods, case study is seen to be suitable for this kind of research on Dubai real estate and construction sector. Analysis and Research Finding Data generated through case studies is largely qualitative in nature. Therefore, qualitative techniques of analysis will be employed. According to Ian Dey, author of ‘Qualitative Data Analysis: A User Friendly Guide for Social Scientists’ states that data analysis involves the act of breaking data down into small bits and the process can be defined as the process of resolving data into its constituent components, to reveal its characteristic elements and structure (Dey 2003). Most techniques employed in qualitative analysis are based on description and according to the author, â€Å"the core of qualitative analysis lies in these related processes of describing phe nomena, classifying it, and seeing how our concepts interconnect† (Dey 2003, p.31). The first step in qualitative analysis is to generate and develop thorough and comprehensive descriptions of the phenomenon under study. Popular known as ‘thick’ description, qualitative analysis generally involves description of information about the context of an act, the intentions and meanings that organize action, and its subsequent evolution (Denzin 1978 cited in Dey 2003). Within this pretext description includes is normally carried out involving the context of action, the intentions of the actor, and the process in which action is embedded thus in most cases qualitative analysis usually aims to produce thorough descriptions in each of the above outlined cases. Dubai’s real estate economy Contribution of real estate sector to the economy has been evident through establishment of real estate companies, which today dominate property and construction projects in the emir ate. Dubai’s Number of Real Estate Businesses by the year 2003 Source: Roumi et al. 2004 Expected Growth Revenue for Real Estate firms between 2003-2004 Source: Roumi et al. 2004 Emaar Properties Limited Emaar Properties Limited was established in 1997, and since then, it has established its presence in Dubai as a local property giant, which in 2005 became the number one real estate company in the whole world in terms of market capitalization (Dubsky 2006). A part from having heavy presence in real estate industry, the company has expanded its activities and invested in other industries such as hospitality, leisure, retail, education, finance, and healthcare (Dubsky 2006). Currently, the company is listed on the Dubai Financial Market as a Public Joint Stock Company and the growth of the company reflects the strong demand of residential properties in Dubai and the resultant increase in associated prices. With regard to revenue reports, in 2005 the company had a revenue base of $2,276 million which increased to $3,813 million in 2006 and in 2007 the revenue increased to $4,782 million and this represented a growth rate of 48 per cent in three years for the revenue (Al-Abed, Vine and Hellyer 2004). As part of its real estate projects, the company has ten major real estate projects that it has been developing. They include: Dubai Marina; Arabian Ranches; Emirates Hills; The Meadows; The Springs; The Lakes; The Greens; and Emaar Towers (Al-Abed, Vine and Hellyer 2004). At the same time the company owns and manages the Gold and Diamond Park with high prospects accrued to the company as a result of â€Å"construction of Burj Dubai the tallest skyscraper and largest shopping center in the world† (Al-Abed, Vine and Hellyer 2004). A part from pursuing its expansion of business ventures plans and taking part in high-quality real estate development, the company â€Å"owns and manages four subsidiaries: Dubai Bank, Amlak Finance, Emrill Services and Sahm Technologies† (Al-Abed, Vine and Hellyer 2004). Emaar Properties has not just concentrated in Dubai market but it is expanding its operation to other Middle East and Asian countries especially after the launch of its Vision 2010 which postulates the company’s ambition to become one of the most valuable companies in the world through geographical expansion and business segmentation. Therefore the contributions of Emaar Properties to Dubai’s economy are enormous. Currently this company with large capitalization than any other company has become an effective driver of Dubai Economy through growth and progress and today Dubai has transformed its status to one of the globe’s most vibrant and cosmopolitan cities. In Dubai Emaar’s growth is associated to success stories of lifestyle communities, effective established suburbs in the desert, and re-shaped Dubai’s map of skyline by offering the emirate’s growing population urban cosmopolitan li festyle. In short Emaar’s developments and properties have been integral to the economic growth and prosperity of Dubai and the contribution of the company continue to expand the economy of the emirate (Boermeester n.d). Al-Nakheel Company Another giant real estate company in Dubai, Al Nakheel Properties also known as Nakheel Corporation, has been rated to be among the popular and resource-endowed real estate companies in Dubai. The company mainly deals in freehold properties in the emirate and the company’s â€Å"real estate development ranges into residential, tourist, commercial and retail property† (Ten Real Estate, 2010, p.1). The company, since its inceptions, operates under the Corporate Office where it is mandated with the responsibility of managing numerous real estate projects on the behalf of the Dubai government. Real estate properties under the management and development of the company include: â€Å"Palms Island that comprises Palm Jumeirah, Palm Jebel Ali, and Palm Deira; The World Island; Dubai Waterfront; The Gardens; Jumeirah Lake Towers, Discovery Gardens, Lost City, Jumeirah Islands; Jumeirah Village; The International City; Jewel of the Palm; The Palm Golden Mile; Palm Trump International Hotel and Tower, and the Ibn Battuta Mall† (Ten Real Estate 2010, p.1). In accordance to the first growing and developments taking place in Dubai, Nakheel has become a critical player in ensuring the emirate achieves its vision in the 21st century by creating a world-class destination for business operations and tourism activities. Due to crashing of the real estate and hence the economy of Dubai, the company early this initiated a program of pumping Dh 4 billion into the local economy of Dubai. And as Mena would state later, â€Å"the effect of Nakheel, having played an important role in the evolution of Dubais and indeed the regions real estate market, getting back into the action is good news† (Anonymous 2010, p.1). F urther, Mena observes that, â€Å"Dubai has continued building its infrastructure over the last two years and the city now can accommodate significantly more economic activity and Nakheel has played an important part in this† (Anonymous, 2010, p.1). Today, Nakheel’s creditors involves over â€Å"1,000 contractors, suppliers, designers and all other related consultants involving more than 4,000 contracts† (Anonymous, 2010, p.1). As a government owned company, Al Nakheel Properties will continue to be an essential arm to the economy of Dubai. Following the financial crisis and real estate crush the company was faced with financial woos a scenario that prompted the government of Dubai to bail the company from this menace. The government commitment was that it would inject about $ 9.5 billion into the Dubai World with the aim of rescuing the company since the company had become through its many projects in the emirate, a chief conglomerate that had changed and recap tured the image of Dubai as a hub for business activities and tourist destination (Surk and Schreck 2010, p.1). Stating and commending on this move by the government, Sheikh Ahmed bin Saeed Al Maktoum, the chairman of Dubai’s supreme fiscal committee noted that, â€Å"the support for Nakheel aims to ensure Dubai World and property development company gets back to normal as it has been a key contributor to the strong economic future of the Emirate of Dubai and the wider United Arab Emirates† (Surk and Schreck 2010, p.1). In short, Nakheel Company will remain as the backbone real estate company following Emaar in contributing and sustaining emirate’s economy through their numerous real estate projects and other related economic activities. Dubai Holdings Company Dubai Holdings was founded in 2004 and currently the company is comprised of some twenty companies that undertake diverse investment opportunities in energy, shipping, healthcare, media, finance, and real estate (Oxford Business Group, 2008). One of the company’s international subsidiaries is the Sama Dubai, which has a global net investment capacity in terms of revenue of almost $38 billions. The subsidiary further manages local, regional and global real estate investments on behalf of Dubai Holdings. The Dubai government has considerable shares in the company. Dubai holdings have been attached to the Dubai’s dream of becoming a regional and international economic powerhouse. In 2007, Tunishia’s president Zine El Abidine Ben Ali and the ruler of Dubai Mohammed Bin Rashid Al Maktoum entered into an agreement that was to see Dubai Holdings initiate one of the biggest real estate investment in the history of Tunisia where the company would be granted the opportunity to develop an area of 830 hectares on the shores of Tunis’s Lac Sud (Oxford Business Group 2008). Currently, operations being overseen by Dubai Holdings with regard to real estate investment incl ude buildings of towers that are being facilitated under the Dubai Towers brand, large and huge resorts undertaken under the Salam brand, business investment and developments, jumbo malls and other high-profile projects (Agnew, 2006). Further, the company has extended its real estate investments projects to Morocco where in 2007 it injected about $12 billion in Moroccan real estate that confined to constructing major cities in the country (Agnew 2006). The numerous real estate and other related investments by the company have promoted the company as one of the biggest real estate companies in that its activities have continued to give life to the economy of Dubai. Conclusion and Recommendations Summary Real estate sector is the biggest income-generating sector and continues to service Dubai’s economy greatly. It has been described as Dubai’s dynamic and driving force for the emirate’s economy. The emirate of Dubai is today one of the world’s ‘super- place’ due to its excellent and magnificent sky-buildings. The emirate which is largely a desert has transformed into a busy business hub, a one-stop tourist center and other high placed activities. Today some economists’ and political economists’ asserts that the economy of the emirate may soon be on the same pace with that of Singapore as more economic activities continue to take place in the emirate. With exceptional, real estate sector remains the artery of Dubai’s economic growth and prosperity and the government recognized and boosted this sector when in2002 it passed partial property freehold rights that for the first time gave foreign investors partial rights to buy and own property. The growth of this sector has been promising until 2008 when it crashed and to extend slowed the pace of growth in the sector. Nevertheless, given the importance all stakeholders in the emirate have attached to the sector concerted efforts in form of numerous recovery initiatives have been undertaken to rescue the sector, and though the sector is yet to note and experience full growth, numerous predictions indicate that it may not take long before the sector regain its earlier position and hence the contribution to the economy will be enormous. In essence the prospects of the real estate sector are positive an will be boosted by the recent Land department initiatives which aims to registers all built and un-built property and this has been perceived to be putting back confidence among investors. Recommendations In summary, it can be recommended that the emirate need to improve and better its legal system with regard to foreign investors where legal rights of foreign investors should be assured through appropriate legislations. Regulatory environment for real estate and construction sector should be improved to embrace policies that are more flexible. Appendix Real Estate Research Sample of Interview Checklist/Questionnaires Name of Company: Ty pe of activity: Purchasing and selling Management Brokerage Date of establishing the company: What is your evaluation for the real estate market as per quality and quantity? What is the volume of the real estate investment in Dubai and UAE? What are the market trends in the coming period as per quantity and quality? In consistence with the requirements of the coming period, what are the scopes of services you are ready to render? What are the most attractive areas in Dubai in terms of real estate investments? What are the factors behind stimulating customers in the real estate market (location, services, prices, others)? What do you think about the general environment of the real estates in Dubai as per the government legislations, finance instruments, labor and human resources, competition? What are the factors of influence in the real estates market and what is the extent of this influence? To what extent the real estates sector is affected with the other productive sectors? Wh at are the effects of real estates projects that have emerged in the recent years upon the market in general? In your opinion, are there any specific obstacles facing the real estates market in Dubai? Do you suggest any solutions? What are the most prevalent finance methods and what are the problems facing the landlords in getting the finance? What are your recommendations to develop the sector market? Reference List 2 Day Dubai. N.d. Dubai Property Sector. Web. Agnew, R., 2006. Dubai Holding launches real estate operation. Arabian Business News. Web. Available from:  https://www.arabianbusiness.com/dubai-holding-launches-real-estate-operation-208963.html . Al-Abed, I., Vine, P., and Hellyer, P., 2004. United Arab Emirates yearbook 2005. Trident Press Ltd. Web. Available from:  https://books.google.com/books?id=75VA3rU2sVQCpg=PT131dq=Emaar+Properties+companyhl=enei=tWrvTOrNB4vEswbSyLyLCwsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=Emaar%20Properties%20companyf=false . Anon ymous. N.d. Research Methodology. Web. Anonymous. 2010. Nakheel allots Dh 4billion to restart projects. Gulf News. Web. Boermeester, S., N.d. Best of Dubai. NY: Global Village Productions Ltd. Web. Available from:  https://books.google.com/books?id=K-N7zOHsQHUCpg=PA287dq=Emaar+Properties+companyhl=enei=IHbvTP-HPIGClAeRoPmjDQsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=Emaar%20Properties%20companyf=true . Burns, N. and Grove, S. K., 2005. The practice of nursing research: conduct, critique, and utilization. PA, Elsevier Health Sciences. Web. Available from:  https://books.google.com/books?id=vj_LZ6w2kXoCpg=PA40dq=research+population+and+samplehl=enei=xlH1TN3OKpWH4gbx-bioBwsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=research%20population%20and%20samplef=true . Caploe, D., 2010. Dubai Economy. Economy Watch: Economic, Investment and Finance Reports. Web. Available from:  economywatch.com/world_economy/dubai/ . Dey, I., 2003. Qualitative Data Analysis: A User Friendly G uide for Social Scientists. NY, Routledge. Web. Available from:  https://books.google.com/books?id=_CldPVi2g1cCprintsec=frontcoverdq=qualitative+data+analysis+techniqueshl=enei=wGP1TOHLCKCO4gaGrPW9Bwsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=qualitative%20data%20analysis%20techniquesf=false . Dubsky, A., 2006. Emaar takes on the global challenge. Middle East, No.367, pp.34. Web. Glicken, M. D., 2008. A Guide to Writing for Human Service. Rowman Littlefield. Web. Available from: https://books.google.com/books?id=R2TZMXm2_YMCpg=PA149dq=writing+methodology+section+of+research+paperhl=enei=XiH1TJnYAtqM4gaJ5tDHBwsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=writing%20methodology%20section%20of%20research%20paperf=true . Hanware, K., 2005. Will Dubai’s Real Estate Bubble Burst? Arab News. Web. Hill, A., 2010. What Country is Dubai In? Web. Available from:  https://www.wisegeek.com/what-country-is-dubai-in.htm . Oxford Business Group. 2008. The Report: Dubai 2008. UK , Oxford Business Group. Web. Available from:  https://books.google.com/books?id=tw6DedF0Hq4Cpg=PA137dq=real+estate+in+Dubaihl=enei=rRPuTKX_BcKP4QbewpiUDAsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=real%20estate%20in%20Dubaif=false . Raadt, J. D. R., 2001. A Method and Software for Designing Viable Social Systems. Universal-Publishers. Web. Available from:  https://books.google.com/books?id=1mmjtHRuzPECpg=PA1dq=method+and+methodologyhl=enei=vEX1TILxGcaK4Qb4n9jsBgsa=Xoi=book_resultct=resultredir_esc=y#v=onepageq=method%20and%20methodologyf=true . Roumi, J. et al. 2004. Real Estate Sector in Dubai. Web. Available from:  dubaichamber.com/wp-content/uploads/2010/10/Real-Estate-Sector-in-Dubai-eng.pdf . Reuters. 2010. Dubai economy grew 2.3 per cent in first half. The Economic Times. Web. Surk, B., and Schreck, A., 2010. Dubai Offers $9.5 Billion to aid struggling firm. Pittsburgh Post-Gazette. Web. Ten Real Estate. 2010. Property Developers: Al Nakheel Properties. Web. Avail able from:  http://realestate.theemiratesnetwork.com/developers/al_nakheel_properties.php . United Arab Emirates. 2004. A Short History of Dubai Property. Web. Available from:  https://www.ameinfo.com/industry/real-estate/a-short-history-of-dubai-property-part .

Case study on vodafone Example | Topics and Well Written Essays - 750 words

On vodafone - Case Study Example This constitutes what is known as diversification, a strategy for business growth through starting up or acquiring businesses outside the firm’s current products or markets (Kotler and Armstrong, 2010). This strategy has significantly paid off for Vodafone. It has managed to gain competitive advantage and has also managed to expand in different global markets. There are many advantages that can be derived by the company through diversification. It is in a better position to attract many customers and it can also customize the products and services offered to suit the different needs of the customers. In the event that I am the CEO of Vodafone, I think I would need to focus on differentiation in order to create supreme customer value in the products and services it offers. Differentiated products are unique and they are often seen as valuable by the customers. The other advantage of differentiation is that the products offered are outstanding and they can be hardly imitated by the other competitors. This strategy has been adopted by other successful companies in the telecommunications industry such as Apple. This company has gained a large market share through its innovative and differentiated products such as the iPod and its iPhone. These products are unique and they have superior value which appeals to the interests of the targeted customers. The company can also be in a position to charge premium prices for the products that are differentiated. This can also help the company to gain competitive advantage over the other players in the same industry. 4. The potential threat facing Vodafone is related to the aspect of competition. It has been observed that the deregulation of the mobile telecommunications industry has enabled the other players to enter into the market. This has seen a significant rise in the number of players intending to operate in