Definition and Examples of Verbal Hygiene in English

The Flaw by David Sington Movie Review Example

Essays on The Flaw by David Sington Movie Review The paper "The Flaw by David Sington" is a good example of a movie review on finance and accounting. Anyone mentioning the global financial crisis is almost sure to create a disbelieving reaction in most individuals. We are all aware of its existence, and also that things occurred like the subprime mortgages, people lost a lot of money, and the taxes of our nation flooded to the help of the very institutions which were to blame for the global financial crisis. The movie; The Flaw directed by David Sington takes us through what caused the 2008 banking crisis. The actors in the movie include Robert Frank, Robert Shiller, Dan Ariely, Joseph Stiglitz, and Robert Wade (Sington). The title of the movie originates from Alan Greenspan; chairman of the Federal Reserve. He made an open remark that there was a ‘flaw’ in the capitalistic world.The strongest point of the movie is the way it covers the complex subject of economics in a simple and interesting way. The film’s dir ector cleverly takes complex concepts in economics and makes them understood to the lay audience. The greed of the bankers sent the global economy into its worst performance ever. In the film, Ferguson's Inside Job shows the manner in which politicians and bank CEOs together brought this situation into being (Bradshaw). Even though the movie is less journalistic, it is more lenient to the white-collar players who were involved. Sington shows us that the banking crisis in The Flaw was caused by a boom in the house mortgages as well as the securities based on those mortgages. Sington does a very good job by putting emphasis that most of the activities were based on financing, for instance, borrowing more cash on existing mortgaged property, time and again to cover other debts. The entertaining and smart film comes up with an intellectual framework of what happened and then shows the effects in the real world.The film goes back in time to determine the reason why most Americans chose t he risky mortgages. The movie shows how people with so much wealth spent on big houses destroying the whole market. In 1 hour and 20 minutes, the movie shifts between economic policies and wealth redistribution, which led to huge debt levels.  Ã‚  The film has no commentary like Michael Moore’s Capitalism: A Love Story. In addition, the movie moves at a good pace with David mixing thoughtful interviews with borrowers, brokers, and bankers, as well as economics with animations and graphics,   got from post-war cartoons to show the benefits of a free market. The interviews provide a narrative that creates a cohesive and thorough picture of what happened. All these people failed to comprehend the physic’s basic principle that in the end, every bubble has to burst.What makes this film stand out is the manner in which it exposes our economic system has shifted in favor of the super-wealthy. As a living documentary of the 2008 global financial catastrophe, the film shows to the viewers the growing inequality of incomes, unchecked capitalism, and the widening gap between the wealthy and the rest of us. Greed is considered as one of the factors that contributed to the crisis. From the movie, we can learn that 0.1% of people had about 40% of the nation’s money.   As cited by (Holland), 0.1 percent richest Americans earn 12% of the total annual income.Even though the movie is informative and entertaining, it has various weaknesses. First, the film does address a global picture of the financial crisis while focusing only on America. Second, the film is not completely clear on what it understands capitalism’s flaw is. Third, it does not provide future solutions in case such a thing occurs again. Lastly, the film also lacks the understanding and insight of the Inside Job. In general; however, Sington has made a film that is hugely entertaining and insightful. Sington boldly tries to address the issues that resulted in the financial crisis and make someone understand what happened in America in 2008.

Market Disruption By Business Models

Question: Discuss about theMarket Disruption By Business Models. Answer: Introduction This paper endeavors to define a business model and product disruption, the paper identifies the film industry as an industry whereby the Pay-tv has been disrupted by Netflix and there is a comparison between the Pay-Tv model and Netflix disruptive model, the paper concludes by discussing the significance of the findings for future business models. What is a Business Model? It is a framework that guides a business to the realization of profits, a business model comprises of the goals that have been set up and strategies well laid for an organization to have profits in the long run, it is a money making method description for businesses, a business model contains aspect like the product offering in the market and also its sustainability in the market (Muehlhausen, 2013). A business disruption is basically the changes that happen in the market, which cause organizations, to change their business operation or functionality in the market, as a result of business disruption businesses are expected to change operational management of goods and services (Blythe and Zimmerman, 2005). In the 20th and 21st Century the film industry has experienced a fundamental evolution. The film industry was characterized with people visiting theatre halls after a release of every new movie, people were expected to purchase tickets for the new movie, thereafter came television industry and channels that would provide films though their programming. With the current technological advancements there is a new wave in the film industry, which happens to be the cable Tv, filming is not interrupted with advertisements, all one needs, is a strong internet connection and make payments for internet service or bandwidth to access the content. One of the company that has caused market disruption in the film industry is Netflix. The company has driven video tapes and disc rental to a halt, this has led to reduction in number of jobs at the video tapes rental worldwide. The organization is challenging major cable TV providers as well as the Pay TV, through its invention, the organization has posted better profit returns after tax, more than the predominant organization in the industry like the Disney which owns ESPN and ABC. Netflix has caused war on the media industry and many clients in the world are throwing away their Pay-tv set boxes and are embracing the Netflix streaming videos services. It has been a smiling phase for Netflix after they have caused market disruption, price per share has rose to high as $123 per share. It was noted that 46% of households in the U.S. can access streaming services as at August 2015.Customer preference in the video streamline by Netflix has disrupted the media programmers and the distributors of content globally. Traditionally, the Pay Tv model acted as an intermediary between, the customers and the filming companies and what was really irritating before, according to the consumers; the television stations kept or advertising products in between the programming, something that doesnt exist in Netflix, video streaming. Sourced from: Perry (2015) The Netflix effect: an excellent example of creative destruction. Available at: https://www.aei.org/publication/the-netflix-effect-is-an-excellent-example-of-creative-destruction/24/08/2016 The traditional media had a very different approach from the Netflix disruptive model, the traditional media and Pay Tv served it consumers at its convenience, waiting for the right movie to be released and dictating to the customers when they should watch the movies at their own timings. On the other hand, the PAY- Tv interferes with programming or the movie that is being broadcasted at that particular time by advertising their products and services. Prices in the traditional video broadcast keeps going up with no explanations, to receive a good picture quality using the traditional video, one will need a signal receiver either a set box or an aerial which is connected to the television set. Netflix disruptive form in offering services is the right thing, the organization offers services via internet and streamline of the video content. Competitive advantage of Netflix is that; the consumers dont require set boxes or signal receivers to stream line the video content being aired by t he Netflix company, all they require is a strong internet connection they can either watch on the laptops, at work during lunch time, in the bedroom before catching a nap or even while relaxing beside a swimming pool after the first swim .Netflix has disrupted the film industry by giving the customer a choice, a good organization enables the consumers to decide when they want the product and how the given product should be packaged.( Evenson, 2007). A close look at the packaging by the Netflix sums it all, why the company efforts and disruptive intentions hit the market. Packaging of the products go co-currently with current technological advancements, watching video content is moving from theatre and cinema halls as well big TV sets in the living room, to where the consumers are watching the content and movies even on their mobile phones (Paetz, 2014). The disruptive model by the Netflix organization has succeeded over the Pay-tv or traditional model as it offers customers a chance to enjoy video streaming services with all available gadgets that can access internet, various consumers can watch content while in the same room through Netflix, all they need are different gadgets and plug in earphones unlike the Pay Tv model whereby for consumers to enjoy services, they will need a Tv set and they all need to concentrate on the aired content (Sinclair, 2012). The Pay Tv model used before seemed to be working in the media industry, especially where the programmers would wait for new release of movies, and air the content through the television set at their own timing, Pay Tv Model provides consumers with content though it limits when the consumers should be watching certain content, during the broadcast they introduce products and advertise in between the broadcast. This portray that Pay-Tv model caters more for the big consumers who normally pay to advertise and they care less about the home consumers. All the companies involved in the Pay-Tv need to reinvent the products being offered or even rebrand their business and product offering to remain relevant in the market. Business need to reinvent their models to consumers, in order to remain relevant in the market. Netflix is at the top of the game with its disruptive model unlike the pay-tv model, Today Netflix is shaking the film industry, there was a time that Pay-Tv was the most admirable form of broadcasting film in the market. If the current disruptive model by Netflix is not redesigned and offer a competitive edge in the market, Netflix will become a company of survey in the future, consumers will quote how the new organization X is offering better services than Netflix (Montgomery, 1991). The end product of doing business is to make profits, most of the business models have a profit mindset at the end, businesses should tap on other aspects of making profits like a good well laid out competitive strategy even when the competitors disrupt the market. For example To be a leader in the beverage industry, Coca-Cola has developed a number of strategies such as market segmentation, communication advertising, segmentation of the lifestyle in the market and also product differentiation this is aimed to attain an upper hand over its competitors (Michman Mazze1998). Coca-Cola introduction of the diet soda called Tab, made its main competitor Pepsi, to introduce Diet Pepsi. The Tab brand was originally a product developed or designed for the female market but with introduction of Diet Pepsi, Coca-Cola, diversified its market, for the Tab to be consumed by men and families too. While Pepsi produced a Diet Pepsi, to counter Coca-Cola markets for Tab, Coca-Cola couldnt throw away its product with a new rival in the market but diversify the market through the competitive strategy of segmenting more customers that can be on the reach out by the Tab diet brand. (Michman Mazze1998).Another competitive strategy of the Coca-Cola company, is product differentiation. Coca-Cola has reinvented or made its products different with time and again in the market for relevance.to manage change Coca-Cola has always introduced new brands in the market, for instance in 1989, the organization introduced Power Ade which happens to be a sports drink. In 1990s Coca-Cola came up with products such as bottled water, fruit juices like minute maid and tea. The Coca-Cola is not resilient introducing new products, as well as differentiating it products to meet the market gap and thus it employs use of competitive strategy product differentiation Coca-Cola has highly invested heavily, in promotional or advertising strategy across the globe, what makes its advertising to be a great strategy is advertising on uniform information and Coca- Cola, creative team behind advertising always comes up with appealing information to the markets, for instance in 2013 Coca Cola invested $3.3 billion geared towards marketing and advertising, in the Share a coke campaign the campaign was aimed at allowing the Coca-Cola fans ,to share bottles or cans personalized with their names. The campaign saw Coca-Cola company volume of sales rise at 5% in Germany, Nordics and North west Europe regions. Sourced from: Sharon. B (2014, Nov20). Investor insights on the non-alcoholic beverage industry. Retrieved from https://marketrealist.com/2014/11/guide-non-alcoholic-beverage-industry/ Conclusion The paper begins by defining business models, which are strategies set out by companies or organization for profit maximization on the other hand is a definition of a business disruption, which is basically the changes that happen in the market, which cause organizations, to change their business operation, business disruption may be caused by an organization for the realization of its new market , other businesses might cause disruption in the market to shut the existing business and enjoy profits by themselves. The paper has identified the film industry as one which has been disrupted by entry of Netflix which offers film content via the internet, Netflix has employed a disruptive model while the traditional media uses the Pay Tv Model. Two of the models have been compared and reasons why the disruptive model by the Netflix has ended up succeeding and causing ripples to the main competitors. There is a conclusion on the models by examining the significance, of the finding and recom mendation to the models for them to be a reality they should have a competitive advantage and product differentiation, to support differentiation the paper has analyzed the wars between Pepsi and Coca-Cola during the market disruption period. References Amacom Div American Mgmt Assn.Advertising, the media and globalisation: a world in motion. Routledge. Blythe, J. and Zimmerman, A.S., 2005.Business to business marketing management: A global perspective. Cengage Learning EMEA. Evenson, R., 2007.Award-winning customer service: 101 ways to guarantee great performance. Michman, R.D. and Mazze, E.M., 1998.The food industry wars: Marketing triumphs and blunders. Greenwood Publishing Group. Montgomery, C.A., 1991.Strategy: seeking and securing competitive advantage. Harvard Business Press. Muehlhausen, J., 2013.Business Models for Dummies. John Wiley Sons. Paetz, P., 2014.Disruption by Design: How to Create Products that Disrupt and Then Dominate Markets. Apress. Vizjak, A. and Ringlstetter, M.J. eds., 2012.Media management: Leveraging content for profitable growth. Springer Science Business Media. Moon, S. and Dathe-Douglass, S., 2015.The Ultimate Competitive Advantage: Why Your People Make All the Difference and the 6 Practices You Need to Engage Them. BenBella Books, Inc.. Louie, G.G., 2009. Persistent forecasting of disruptive technologies. Sourced from: Sharon. B (2014, Nov20). Investor insights on the non-alcoholic beverage industry. Retrieved from https://marketrealist.com/2014/11/guide-non-alcoholic-beverage-industry/

Pat Buchanans Candidacy free essay sample

Examines hard-line conservative presidential candidates stands on economics, protectionism, immigration, labor, social issues and the impact on Republican Party. Pat Buchanan is a hard-line social conservative candidate for the U.S. presidency. Buchanans campaign emphasizes a no-compromise stance on controversial issues such as abortion, illegal immigration, and protectionist trade barriers. Although fellow Republican candidate Bob Dole has clinched the party nomination for president, Buchanan placed a respectable third behind the well-financed campaign of Steve Forbes. The resiliency of support for Buchanans rhetoric has raised concern among high-ranking Republicans, particularly in light of the approaching GOP Convention in San Diego, where Buchanan could exert a critical influence on the partys campaign platform. Economic nationalism is the theme of Buchanans bid for the presidency; his motto is America first. Essentially, Buchanan advocates returning to the types of economic policies that..