Thursday, December 26, 2019

Definition and Examples of Short Answers in English

In spoken English and informal writing, a short answer is a response made up of a subject and an auxiliary verb or modal. A short answer is generally regarded as more polite than just an abrupt yes or no. Conventionally, the verb in a short answer is in the same tense as the verb in the question. Also, the verb in the short answer should agree in person and number with its subject. Examples and Observations How did she do in her exams? Maria had already told me she had done quite well, but I was now flailing around to keep the conversation going.She passed.She is all right, isnt she?Yes, she is, he replied firmly.(Vikram Seth, An Equal Music. Random House, 1999)The poor lass took quite a fall, didnt she? Gelfrid remarked. Is she usually so clumsy?No, she isnt,† Judith answered.(Julie Garwood, The Secret. Pocket Books, 1992)Youre asking yourself, Can I give this child the best possible upbringing and keep her out of harms way her whole life long? The answer is no, you cant.(Barbara Kingsolver, The Bean Trees. Harper Row, 1988)Can we change? Yes, we can. Can they change? Yes, they can.(Oz Clarke, Oz Clarkes Pocket Wine Guide. Sterling, 2009)Will, youve been in love before, havent you? I mean, with Anna, of course . . . and your various . . . well, you have, havent you?Will looked into his glass. No. No, I havent.(Jennifer Donnelly, The Tea Rose. Macmillan, 2004)Whats up with him?Hi s stomach is sick. Hes nervous about his speech.Hes got food poisoning! Helen declared. â€Å"Hasnt he?†Ã¢â‚¬Å"No, he has not!†Ã¢â‚¬Å"Yes, he has.†Ã¢â‚¬Å"No, he has not!†Ã¢â‚¬Å"Yes, he has.†(Marian Keyes, Anybody Out There? William Morrow, 2006)No, I wont, Jeremiah--no I wont--no I wont!--I wont go, Ill stay here. Ill hear all I dont know, and say all I know. I will, at last, if I die for it. I will, I will, I will, I will!(Charles Dickens, Little Dorrit, 1857) Short-Answer Patterns Answers are often grammatically incomplete, because they do not need to repeat words that have just been said. A typical short answer pattern is subject auxiliary verb, together with whatever other words are really necessary. Can he swim? -- Yes, he can.(More natural than Yes, he can swim.)Has it stopped raining? -- No, it hasnt.Are you enjoying yourself? -- I certainly am.Youll be on holiday soon. -- Yes, I will.Dont forget to telephone. -- I wont.You didnt phone Debbie last night. -- No, but I did this morning. Non-auxiliary be and have are also used in short answers. Is she happy? -- I think she is.Have you a light? -- Yes, I have. We use do and did in answers to sentences that have neither an auxiliary verb nor non-auxiliary be or have. She likes cakes. -- She really does.That surprised you. -- It certainly did. Short answers can be followed by tags . . .. Nice day. -- Yes, it is, isnt it? Note that stressed, non-contracted forms are used in short answers.(Michael Swan, Practical English Usage. Oxford University Press, 1995) Short Answers With So, Neither, and Nor Sometimes a statement about one person also applies to another person. When this is the case, you can use a short answer with so for positive statements, and with neither or nor for negative statements using the same verb that was used in the statement. You use so, neither, or nor with an auiliary, modal, or the main verb be. The verb comes before the subject. You were different then. -- So were you.I dont normally drink at lunch. -- Neither do I.I cant do it. -- Nor can I. You can use not either instead of neither, in which case the verb comes after the subject. He doesnt understand. -- We dont either. You often use so in short answers after verbs such as think, hope, expect, imagine, and suppose, when you think that the answer to the question is yes. Youll be home at six? -- I hope so.So it was worth doing? -- I suppose so. You use Im afraid so when you are sorry that the answer is yes. Is it raining? -- Im afraid so. With suppose, think, imagine, or expect in short answers, you also form negatives with so. Will I see you again? -- I dont suppose so.Is Barry Knight a golfer? -- No, I dont think so. However, you say I hope not and Im afraid not. It isnt empty, is it? -- I hope not. (Collins COBUILD Active English Grammar. HarperCollins, 2003)

Wednesday, December 18, 2019

Domination And Resistance The Politics Of Wage Household...

When reading the article Domination and Resistance: The Politics of Wage Household Labor in New South Atlanta by Tera W. Hunter the definition of inequality comes to mind. As professor, Dan Gilbert noted inequality is the product of the history of generations choices in society. It’s difficult to define a term like inequality because many perspectives can have different views on the definition. Inequality is about power, domination, and resistances. Tera W. Hunter defines domination and resistances in her article as, â€Å"Domination is the process of exercising power over the dispossessed by whatever means necessary, but without overt conflict where possible. Resistance is any act, individual or collective, symbolic or literal, intended by subordinates to deny claims, to refuse compliance with impositions made by superordinates, or to advance claims of their own† (P. 207). In order to have domination, there must be individuals resisting. As James Scott noted relations of domination are, at the same time, relations of resistance. It’s not possible to have one without the other. In Atlanta, after the civil war, the city experienced a prime example of domination and resistances. For many blacks, it was a hard transition after the emancipation to build a life after all the blacks knew was to be a slave to a master. Blacks in the south had to find jobs in order to provide for themselves and their family. For black women, it was especially hard to maintain a job while taking

Monday, December 9, 2019

Nike Inc.s Marketing Mix Brilliant Marketing Strategy Analysis

Question: Discuss about theMarketing Mix for Nike. Answer: Introduction: This report weighs the different dimensions of the marketing strategies and their significance on the business. To evaluate the approaches and their application in a particular organizational context, Nike has been chosen. This report includes the background analysis of the company along with the marketing scenario of the company. Strategic tools such as PESTLE has been used here to get an idea about the important factors that are influential in case of market establishment of any organization. Moreover, marketing objectives of Nike have also been discussed as well as the performance of this company. For this purpose, this report has also incorporated SWOT analysis, that depicts both the strength and weakness of the company also the opportunity and threats. Moreover, this study also deals with the marketing mix strategy and their implementation. Environmental Analysis: Nike an America based international corporation, founded as Blue Ribbon Sports in the year of 1964, officially got the recognition by the current name in 1971. The company sells the products under its own brand name with the trademark tagline of "Just Do It. Logo of the company is recognized as Swoosh. The company includes designing of the products, development, production and global marketing of their merchandises. Nike deals with footwear, equipment and other accessories; however, the main focus of their business is on athletic shoes and sports equipment. Around 44000 employees worldwide are engaged with this company. Due to the higher quality and standard service this company has achieved the fame of most valuable brand in terms of sports business (www.nike.com 2016). Marketing Environment: Mentioned that marketing environment is significant for any organization as it influences the marketing strategies, adopted by a company and its effect after the implementation. Thus, here, factors that could affect market of the Nike has also been put using the PESTLE tool, as mentioned below: Political factors: Helm and Gritsch (2014), mentioned, political factor involve the stability of the government, changes in policies and rules for the economic market, an imposition of additional taxation and service charges and such other things that involve government or political aspect of the particular country. For Nike, the main concern in this regard could be the new structure of the tax and service charges, as the product pricing get increased with increasing the charge for importing materials or the products. Apart from that, unstable government results in fluctuated economy and uncertain business scenario for any nation; that in turn results into less effective outcome for a company (Majaro 2013). Economic factors: Nike products ranges from medium to higher price. Economic collapse results in the switching of the consumers to affordable products and cheaper brands. Nike has also faced the financial crisis since the market slowdown in 2008-09. Moreover, the revenue collection of this company depends on the eastern economic scenario to some extent as Nike involves labors from this region in a lower rate of wages (Leonidou, Katsikeas and Morgan 2013). Social factors: Recent awareness on healthy practices and fitness consciousness has left an obvious positive impact on the business of Nike (Mullin, Hardy and Sutton 2014). However, there are several controversies regarding the business policy of this company; such as Nike was criticized for hiring labors in countries like Vietnam and Indonesia in minimum wages. Moreover, a report has revealed that the company also violated the child labor acts by employing children as their sweated labor. There was also an issue with the fact that, this brand declined to share any information about the firms, they have contracted for the business expansion (Burgelman 2016). However, Nike had taken steps to provide clarification on these allegations. Technological factors: According to, Yap and Yazdanifard (2014), advanced technology helps the organizations to apply innovative ideas for their marketing and promotional strategy, also enhances the standard of the service to the customer. Nike has utilized the digital platform for the analysis of the customers information and segmented their products as per the demand. This company has also entertained the social media for an interactive evaluation of their business (Mahdi et al. 2015). Legal factors: Nike has followed different policies and legal structures of the different country, with those Nike contracted to expand their business. However, there are several issues concerning the illegal activities, such as dodging of the taxation, attempting unfair competition and promoting false discounts. Moreover, Nike had to close their factories in Pakistan due to the allegation of violating the labor laws while employing people for their sweatshops (Ko et al. 2012). Environmental factors: Nike holds positive approach towards the environmental concerning and holds ISO 14000 consents. Apart from that, Nike has also launched a number of pilot projects named under sustainability champions that involves the reduction in emissions of carbon also waste management. However, an opinion of Ziek (2013), reflected that manufacturing centers of this company often directly pollute the rivers along with the heavy aerial pollution. Target Markets: Nike is the leading brand in the sector of sportswear and apparel. This company has the reputation for its high performing gears, mainly targeted for the professional athletes. However, this organization has the vision to expand their business by allowing more demographic segmentation of their products. Nike has focused on three type of consumers such as: Women: As stated by Mark Parker, the CEO of Nike, revenue from the sale of the womens products has suppressed the business from the mens apparel. The company has been successful to their strategy of drawing maximum attention from the young women by introducing products that are both trendy and sporty (Brohi et al. 2016) Runners: Nike products majorly focus on the innovation and modification of their accessories for the running segments (Lim, Kim and Cheong 2016). The company has launched new footwear range with LunarTempo for the long distance runners. Moreover, their business strategy has also evolved Nike+ application that helps runners to get information about the distance, route, time, pace and calories during the course of running. Young athletes: According to, (Su and Tong 2015), to get the sight of kids and young adults, an organization must focus on their interest and approach through their requirements. Nike has followed this policy by providing sponsorship to the local clubs and leagues; in turn, they make the players wear their products. Moreover, the company has also contracted famous athletes for the endorsement of their products so that teens can get easily attracted to the products. Marketing Objectives of the Company and Performance Standards: As mentioned before, Nike promotes their products involving famous athletes to advertise their products, that psychologically effect the youth generation and other athletes. Apart from that, Nike has set their pricing strategy a little bit higher than other brands as it mainly focuses on that particular user who embraces the products rather giving priority to the cost of the products. The main objective of this strategy is to uplift the supposed value of the brands. For the status of the performance of Nike, it has been seen that the quarterly of the company has increased for the fiscal year of 2015. Earnings Per Share (EPS) of this brand has increased since last six years. Moreover, the company has published the third quarter results for the year 2016, that clearly detects that revenue collection has been increased by 14% excluding the currency exchanges. Diluted EPS is up by 22%. Furthermore, worldwide orders have increased by 17% excluding currency exchange (Nike News. 2016). SWOT Analysis: According to, Santos and Laczniak (2015), SWOT analysis helps to evaluate both the external and internal factors for an organization that can influence the performance and business of the company. The dimensions of this management tool are- Strength: Nike enjoys the worldwide recognition for its high-end sports accessories such as footwear for different kind of sports. This company adopts a strategy of make to shock that allows faster delivery to the customer from the available product stocks. This company is efficient for the purpose of research and development as manufactures the high-quality product at the possible lowest price. Apart from that, Nike logo Swoosh has its own recognition that has also resulted in a positive market scenario for the organization. Weakness: Nike has the different segmented products; however, revenue collection depends on the share of its footwear in a large context. This fact can negatively affect the market in case of sudden fall in its market shares. Moreover, Nike is dependent on the other retailers for the selling of their products as they do not have their own retailing service. As retail sector tends to be very sensitive towards the pricing of the products, it squeezes the profit margin by putting competitive pressure on the low pricing of the products on Nike. Opportunities: It is not necessary to be an athlete to wear the sports gears; thus among the young generation, the products of this company also concern with the fashion statement. This aspect has opened the door for the vast population who relies on this company for its brand value as well as for the style quotient also. The company can also concentrate on the more diversification of the products such as eyewear and jewelry accessories. Nike can also use the international platform by making a partnership with the global events like Olympics and world cup tournaments. Threats: The main threat for Nike is the growing competition in this sector. Rival companies have adopted several strategies to narrow down the share of this company. Furthermore, the company deals with a number of countries as the part of its market expansion; thus it requires to follow different rules and policies of different countries, that may not come out as profitable for the business as expected. Moreover, importing and exporting of the products involves different currency exchanges that in turn results in instability for the costing and marginal profits (Silveira and Marreiros 2014) Marketing Strategies: Nike holds almost 33% of the global market for the achieving the place of largest athletic footwear seller. Objectives of 4Ps marketing mix have been applied to understand the actual scenario behind the marketing strategy of Nike. Products: recognition of the products among people is the primary criteria for the establishment of any business (Neuhausen 2012). Nike covers all the popular athletic segment as the market of their products. They supply sports equipment as well as the shoes, shorts and jerseys for the sportsman. Recently they have also launched shoes for skateboarding. Apart from that, Nike products are also very popular among the teens and youths as it embraces the urban essence in their product styling. Price: According to Burgelman (2016), quality of the good influences the price of the product. Nike also has segmented their pricing based on the quality of the products and target customers. They apply vertical integration and can allow either participation in more than one channel based operations or can own the participants at different channel levels. It possesses competitive pricing strategy to the other shoe retailers. Place: Nike shoes are available in both exclusive stores of the brand and in multi-brand stores. The company sells their products in 200 countries worldwide. Nike products are mainly produced in the country of Asia-Pacific region. From the objective of international market expansion, it has built offices outside the US, in 45 countries. Promotion: Promotion is the ultimate approach for the 4Ps theory of marketing mix. Buil, De Chernatony and Martnez (2013), mentioned that promotion always helps to reach the targeted audience and creates strategic alliances. Nike has signed contracts with many famous sports personalities, the sports team also as the part of their promotional activities. Apart from that, website campaigns and social platform have also been utilized by this organization. Moreover, the attractive logo and the interesting slogan of the company, Just Do It, have helped in establishing pf the brand value and reputation of the company. Conclusion: Hence, after revising the entire discussion, it can be said that this report is relevant to the purpose of understanding the marketing strategies of Nike. Moreover. This study has also incorporated the various tools for analyzing different approaches and factors that can affect the business of this company. Apart from that, this study also involves four Ps for the marketing mix. Thus, this report fulfills all the requirements and can be further reviewed prior to the extensive research on this topic. Reference List: Brohi, H., Khubchandani, R., Prithiani, J., Abbas, Z., Bhutto, A.H. and Chawla, S.K., 2016. Strategic Marketing Plan of Nike. Buil, I., De Chernatony, L. and Martnez, E., 2013. Examining the role of advertising and sales promotions in brand equity creation. Journal of Business Research, 66(1), pp.115-122. Burgelman, R.A., 2016. Complex Strategic Integration at Nike: Strategy Process and Strategy-as-Practice Combined. The Handbook of Strategy Process Research from a Middle Management Perspective. Edward Elgar Publishing. Helm, R. and Gritsch, S., 2014. Examining the influence of uncertainty on marketing mix strategy elements in emerging business to business export-markets. International Business Review, 23(2), pp.418-428. Ko, E., Taylor, C.R., Sung, H., Lee, J., Wagner, U., Navarro, D.M.C. and Wang, F., 2012. Global marketing segmentation usefulness in the sportswear industry. Journal of Business Research, 65(11), pp.1565-1575. Leonidou, C.N., Katsikeas, C.S. and Morgan, N.A., 2013. Greening the marketing mix: do firms do it and does it pay off?. Journal of the Academy of Marketing Science, 41(2), pp.151-170. Lim, C.H., Kim, K. and Cheong, Y., 2016. Factors affecting sportswear buying behavior: A comparative analysis of luxury sportswear. Journal of Business Research. Mahdi, H.A.A., Abbas, M., Mazar, T.I. and George, S., 2015. A Comparative Analysis of Strategies and Business Models of Nike, Inc. and Adidas Group with special reference to Competitive Advantage in the context of a Dynamic and Competitive Environment. International Journal of Business Managemetn and Economic Research, 6(3), pp.167-77. Majaro, S., 2013. International Marketing (RLE International Business): A Strategic Approach to World Markets. Routledge Mullin, B.J., Hardy, S. and Sutton, W., 2014. Sport Marketing 4th Edition. Human Kinetics. Neuhausen, F., 2012. Marketing of Nike. An Analysis of Relationships with Customers and Suppliers. Nike News. 2016. NIKE, INC. Reports Fiscal 2016 Third Quarter Results. [online] Available at: https://news.nike.com/news/nike-inc-reports-fiscal-2016-third-quarter-result. Santos, N. and Laczniak, G., 2015. Marketing to the poor: A SWOT analysis of the Market Construction Model for engaging impoverished market segments. Social Business, 5(2) Silveira, P.D. and Marreiros, C.G., 2014. Exploring Shopper Marketing Approach Implications On Brand Communication At The Point-Of-Purchase: An Expert's Opinion Qualitative Study. Journal of Applied Business Research,30(5), p.1329. Su, J. and Tong, X., 2015. Brand personality and brand equity: evidence from the sportswear industry. Journal of Product Brand Management, 24(2), pp.124-133. www.nike.com 2016. [online] Available at: https://www.nike.com/au/en_gb/. Yap, S.P.W. and Yazdanifard, R., 2014. Comparison on the impact of standardization and adaptation on international marketing. Journal of Research in Marketing, 3(1), pp.250-259. Ziek, P., 2013. CSR Infrastructure for Communication and the Nike Controversy. Journal of Management and Sustainability, 3(1), p.63. https://news.nike.com/news/nike-inc-reports-fiscal-2016-third-quarter-results

Monday, December 2, 2019

Information System Managers free essay sample

A study on the demands of an information technology professional. This paper examines the employer requirements for an information technology professional. The paper is well researched, with survey information and illustrations. The paper states that information system managers must have both technical and management skills in order to make intelligent business decisions. The author writes that employers of the future expect their IS managers to be at par with senior management, participating in decision making and strategizing with the board. The emergence of information technology increased the demand for IT [information technology] professionals during the 1990s. According to a Wall Street Journal article (High-Tech Firms, 1998) the average demand for IT professionals is estimated at 95,000 annually for the next 10 years. But information technology institutions are not producing enough graduates for hire. Hiring in this genre include computer scientists, system analysts, programmers and CIOs [Chief information officers]. As the industry realize the implication of IT professionals for the effectiveness of their operations, the mode of hiring process has also changed. We will write a custom essay sample on Information System Managers or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Criteria could range from setting up a communication systems to a complex information structure for expansion purpose of the organizations [Ehie, 2002].

Wednesday, November 27, 2019

Hillary Clinton for President Essay Example

Hillary Clinton for President Essay Example Hillary Clinton for President Essay Hillary Clinton for President Essay The presidential elections of 2016 has four primary candidates, who all believe they deserve this position, but only one person can stand out and lead this country. Dedicating more than thirty-five years of her life to the Democratic political realm, former first lady, senator, and madam secretary Hillary Clinton, has proven that she is more than capable of becoming America’s first female president. She believes that every child, no matter his or her background, should be granted the ability to pursue a better education, and she also believes that every person in American should have affordable healthcare. She ultimately showcases the drive, capability, and the interest of leading American into the right direction. Secretary Clinton’s platform issues regarding education and healthcare both show’s her concern with the nation’s well-being and future. Throughout her career Secretary Clinton has always been a strong advocate for educational reform. Being a graduate from Wellesley College majoring in political science and graduating from Yale’s law school, Secretary Clinton truly understands the importance of seeking a higher education. During her campaigning events she has made it very clear on how she plans to change the cost of a college education. Once she become president, within her first one hundred days in office, she plans to push her educational reform mission through the senate. As Secretary Clinton explained on her interview during on the breakfast club, this plan will benefit both the working and middle class families of America (The Breakfast Club). Secretary Clinton plans to do this by giving the children of America a debt free college tuition with her â€Å"New College Compact† deal. This deal plans to eliminate college tuition for the working families, and help students deal with all of the costs of a ttending college (The Breakfast Club). By pushing this policy through senate, if given the chance Secretary Clinton

Saturday, November 23, 2019

Definition and Examples of Narratio in Rhetoric

Definition and Examples of Narratio in Rhetoric In classical rhetoric, narratio is the part of an argument in which a speaker or writer provides a narrative account of what has happened and explains the nature of the case. Also called narration. Narratio was one of the classical rhetorical exercises known as the progymnasmata. Quintilian believed that narratio should be the first exercise introduced by the teacher of rhetoric. Instead of conveying knowledge, says Franklin Ankersmit, the historical narratio is essentially a proposal to look at the past from a certain point of view. (See Narratio in Historiography in Examples and Observations, below.) Examples and Observations The narratio follows the exordium and gives background information. It relates events that have occurred which provide the occasion for the speech. A narrative based on the persons should present a lively style and diverse traits of character and have three qualities: brevity, clarity, and plausibility.(John Carlson Stube, A Graeco-Roman Rhetorical Reading of the Farewell Discourse. TT Clark, 2006)[I]n a piece of deliberative rhetoric, narratio is only supposed to include the facts that are germane to the presentation the speaker wants to make to his audience, not saying more than the case demands [Quintilian, Institutio Oratoria, 4.2.43].(Ben Witherington, III, Grace In Galatia. TT Clark, 2004)Cicero on the NarratioAs to the rule which exacts brevity from the narration, if brevity be understood to mean no superfluous word, then the orations of L. Crassus are brief; but if by brevity be meant such stringency of language as allows not one word more than is absolutely necessary to conv ey the bare meaningthis, though occasionally useful, would often be extremely hurtful, especially to the narration, not only by causing obscurity, but by doing away with that gentle persuasiveness and insinuation which constitute its chief excellence. . .The same perspicuity ought to distinguish the narration as the rest of the speech, and is all the more imperatively demanded there, because less easily attained than in the exordium, confirmation, refutation, or peroration; and also because this part of the discourse is much more imperiled by the slightest obscurity than any other, elsewhere this defect does not extend beyond itself, but a misty and confused narration casts its dark shadow over the whole discourse; and if anything be not very clearly expressed in any other portion of the address, it can be restated in plainer terms elsewhere; but the narration is confined to one place, and cannot be repeated. The great end of perspicuity will be attained if the narration be given in ordinary language, and the occurrences related in regular and uninterrupted succession.(Cicero, De Oratore, 55 BC) Colin Powells Report to the U.N. on Weapons of Mass Destruction in Iraq (2003)Saddam Hussein is determined to get his hands on a nuclear bomb. He is so determined that he has made repeated covert attempts to acquire high-specification aluminum tubes from 11 different countries, even after inspections resumed. These tubes are controlled by the Nuclear Suppliers Group precisely because they can be used as centrifuges for enriching uranium. . .Most U.S. experts think they are intended to serve as rotors in centrifuges used to enrich uranium. Other experts and the Iraqis themselves argue that they are really to produce the rocket bodies for a conventional weapon, a multiple rocket launcher.I am no expert on centrifuge tubes, but just as an old Army trooper, I can tell you a couple of things: First, it strikes me as quite odd that these tubes are manufactured to a tolerance that far exceeds U.S. requirements for comparable rockets. Maybe Iraqis just manufacture their conventional weapons to a higher standard than we do, but I dont think so.Second, we actually have examined tubes from several different batches that were seized clandestinely before they reached Baghdad. What we notice in these different batches is a progression to higher and higher levels of specification, including, in the latest batch, an anodized coating on extremely smooth inner and outer surfaces. Why would they continue refining the specifications, go to all that trouble for something that, if it was a rocket, would soon be blown into shrapnel when it went off?(Secretary of State Colin Powell, address to the U.N. Security Council, Feb. 5, 2003) Narratio in HistoriographyEach attempt to define (part of) historical reality may satisfy some historians but never all of them. In other words, the link between languagei.e. the narratioand reality can never be fixed in a way acceptable to all historians, thus becoming the knowledge of a generalized knowing subject. The fact that debate and discussion have a much more prominent place in historiography [which] in other disciplines and that historiographical debate rarely, if ever, results in conceptions shared once and for all by all historians should not be seen as a sad deficiency of historiography that has to be remedied, but as a necessary consequence of the linguistic instruments used by historians.(Franklin Ankersmit, The Use of Language in the Writing of History. Working With Language: A Multidisciplinary Consideration of Language Use in Work Contexts. Walter de Gruyter, 1989)

Thursday, November 21, 2019

Management Essay Example | Topics and Well Written Essays - 500 words - 24

Management - Essay Example This is because when a company is operating independently within the market they may be more privy or more â€Å"in the loop† to market information that exists. This could make them more capable of adapting to market changes and could also make them more capable of gaining a competitive advantage through things like innovation. An example of information being lost is if, say, a company has its own program for measuring performance and then has to switch to the program of the company that acquired them. Certain information may not transfer in the same way or may be considered irrelevant by the absorbing company. In this way information could get lost in the mix. This is not only true for information but for the organizational culture and structure of the company as well. Since economic performance is important to any company, implementing performance methodologies that are in line with overall economic performance is crucial to a company’s success. An effective performance methodology should be in line with the company’s overall performance. In other words, anything that influences a company’s economic performance needs to be accurately measured. Once these measurements are in place, a more accurate assessment of the company’s overall performance will be realized. An effective analogy could be to look at a football game. The goal of a football game is to score more points than the other team. All of the other measurements statistical measurements used in football are secondary. Yet it is also important to find out which of these measurements led to one team scoring more points than another team. In this way you can get a better idea of how the team is winning games and focus on improving in those areas that are the most i mportant for success. Finding the optimal transfer price is important because it can help to maximize a firm’s overall profits. Effective transfer pricing is therefore important to the overall economic performance of the