Superstition Of Science, Religion, Harmful Superstition

Superstition in the, â€Å"Joy Luck Club,† is a method used by the mothers to provide comfort and guidance to their daughters, or to scare the daughters into submission. In the book, many times do the mothers resort to using superstition to keep their daughters in line. For example, in page 164, Lena says,†Ã¢â‚¬  Aii, Lena,† she had said after that dinner so many years ago, â€Å"your future husband have one pock mark for every rice you not finish.†Ã¢â‚¬  This of course scares Lena into finishing the rest of her rice because she fears that her future husband will have many pock marks because of her failure to eat the rest of her rice. In the article,† In Age of Science, Is Religion Harmful Superstition’?† religion is a harmful way to keep people in the dark†¦show more content†¦Religion isn’t just about people worshipping a god. It’s about following a faith and its morals. Throughout history, people of religious b ackgrounds such as James Prescott Joules have made significant contributions to science despite the Church condoning it. Superstition is also used to provide a sense of comfort and clarity to their daughters. To illustrate, in page 206, Rose said,† I used to believe everything my mother said, even when I didn t know what she meant.† Whenever her mother said something she would pass it on as true no matter how fallacious it sounded. This is because humans usually accept the truth that benefits them the most. Now one day in kindergarten I learned that our house was near the Gulf of Mexico, so I was pretty scared about a tsunami engulfing the house in water so I asked my mom and she said, and I quote,† That would never happen, the U.S. has a forcefield around the country to protect us from that.† It wasn’t till around second grade when I figured out that she was lying but I now understand why she did that. Mostly because she wanted me to stop crying but also to comfort me and hide my innocence from the reality of the world. The mothers of the Joy Luck Club have good reason t o use superstition and lie to their daughters. It usually makes life easier and makes the daughters somewhat comforted, but it should not be confused with actual religion because religion is more than just a ‘coping’ method. – 650 words TheShow MoreRelatedMedieval Medicine, Illogical and Superstition Essay1746 Words   |  7 Pagestaxes and making laws. The Bubonic Plague spread to Europe, the plague killed about 75 million people of world died from one single cause. Many superstitions were created cause of the Black Death, generate idea that were thought to prevent the plague but really did. Medicine was also not being studied carefully and correctly at the time. Not a lot of science was being use to conduct and create medical procedures and medicinal drugs. Medicine in the middle ages was primitive caused improper practiceRead MoreSuperstition Informative Speech1490 Words   |  6 PagesInformative Speech Specific Goal: To inform my audience about the myths and mysteries surrounding Superstitions and how they have transitioned through time. Thesis Statement: In this essay I will uncover the history and origin of superstitions, common superstitions and what their meaning, and religion superstitions in todays society. Introduction A. Happy Birthday to you. Happy birthday to You. Happy Birthday Happy Birthday Happy Read MoreGandhi s Theory Of The Indian Subcontinent s Enslavements1067 Words   |  5 Pageseducation. The Vedas is the major text for the Hindu religion. In this fashion, Tolstoy builds on his argument that the Hindu religion sets law of love at the centermost part of it, in addition to demonstrating that he is fairly familiar with the Hindu literature. In the letter, Tolstoy deduces that religion and â€Å"lack of a reasonable religious teaching† is the cause behind India’s invasion by the British. He infers that Christianity or the religion of the English is inferior to Hinduism in terms ofRead MoreEssay about On the Existence of God1753 Words   |  8 Pagesas an atheist (the absence of belief in God), I have to say, like he did when he was alive, that religion is little more than superstition. Despite any positive effects that religion might have in societies, it is mostly harmful to people. Religions and religious outlook serve to impede human knowledge (science) and to foster fear and dependency on other (clerics) which are supposed to know. Religions are responsible for much of the human war, oppression, and misery that are besetting our world todayRead MoreThe Witch s Hammer : A Treatise On The Prosecution Of Witches1742 Words   |  7 Pagestreatise on the prosecution of witches, written in 1486 by Heinrich Kramer, a German Catholic clergyman. The book was first published in Speyer, Germany, in 1487. (3)Malleus Maleficarum is Latin for The Hammer Of The Witches. Maleficarum means harmful magic, or Witchcraft. Hexenhammer† in German is one of the most famous medieval treatises on witches. It was written in 1486 by Heinrich Kramer and Jacob Sprenger, and was first published in Germany in 1487. (3) Its main purpose was to challengeRead MoreThe Understanding of Medicine of the Ancient Romans1364 Words   |  5 PagesRoman’s based their medical practices on science along with their religious beliefs. This resulted in a system of effective treatments and transcendental practices. Not only did the Ancient Romans base their medical practices off of their sacred religion and their scientific theories, but they also incorporated it with superstition. A man named Tacltus, who was not only a historian, but a senator of the Roman Empire, spoke of Rome as a city where superstition interpreted everything, and said thatRead MoreThe World And Various Religious Phenomena1363 Words   |  6 Pagesand various religious phenomena are based on false premises. In a real sense, there are two significant threads which religion has followed, since the ancient times. ; The line of Shem and the priesthood, and that of Nimrod and the Babylonians. Three mystery cults were developed, and the basis of the Babylonian system was animism (Meyer, 2010). In general, the history of religion refers to different compositions of systematically written religious experiences and ideas from humans. The earliest evidenceRead MoreEssay on Immanuel Kant (1724 - 1804)1093 Words   |  5 PagesMet aphysics of Morals (1785). The Enlightenment was a desire for human affairs to be guided by rationality than by faith, superstition, or revelation; a belief in the power of human reason to change society and liberate the individual from the restraints of custom or arbitrary authority; all backed up by a world view increasingly validated by science rather than by religion or tradition. (Outram 1995) In the eighteenth century, people started questioning the authority and knowledge of the churchRead MoreReligion and its Effect on Society and Individuals Essay1603 Words   |  7 Pagesof life have also changed. However, the one aspect of life that has stayed constant has been religion. The impact of a constant religious opinion on a changing society has detrimental and benign effects on the populace of such a society. Religion was partly created in an effort to answer the questions that couldn’t be answered in any other way; to provide an explanation for the unexplainable. Each religion in turn has it’s own version of a higher being in which to believe. Giving this higher beingRead MoreThe Age of Enlightenment Essay2088 Words   |  9 Pagesphilosophers of the time and eventually being shared with the common people. The Enlightenment was a way of thinking that focused on the betterment of humanity by using logic and reason rather than irrationality and superstition. It was a way of thinking that showed skepticism in the face of religion, challenged the inequality between the kings and their people, and tried to establish a sound system of ethics. The ideas behind the Enlightenment were shared through multiple media such as literature and art

Investment discussions - Free Essay Example

Sample details Pages: 5 Words: 1537 Downloads: 8 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? GENERAL INVESTMENTS DISCUSSIONS 1 All investors must make a decision whether to use hybrid, active or passive portfolio management system while investing in stocks and securities. The type of management system that an individual chooses can determine the success or failure of the person making the investments. Active and passive strategies have their own advantages and disadvantages. One main advantage of passive strategy is that little work is required, and the fees charged are low. This is because an investor does not have the need to pay portfolio managers and security analysts to carry out a research on the stocks, and make decisions for the investor (Barnes, 2009). Don’t waste time! Our writers will create an original "Investment discussions" essay for you Create order Wieland (2010) denotes that a passive investment strategy has a rate of return of 7% per annum. This, Wieland (2010) denotes that is the main disadvantage of a passive investment strategy. That is, an investor will not get a high return for his or her investments. Barnes (2009) denotes that an active strategy will incorporate a method in which an investor seeks to buy bonds or stocks expecting a high return. On this basis, its main advantage over passive strategy is that an investor can acquire unlimited return. However, this method is very expensive, and there is no guarantee of success. It is important to denote that approximately 80% of actively managed stocks usually underperform (Barnes, 2009). Those that perform well are not consistent over the years. On this basis, the best form of portfolio management is the hybrid system. This is because it is a combination of the passive and active investments strategies (Wieland, 2010). On this note, the hybrid system combines the advantages of these two investments strategies, as well as mitigating their disadvantages. Question Number Two: Toporowski (2010) denotes that one major strength of a projected P/E is its ability to explain the degree of confidence upon which investors have on a company. Toporowski (2010) further denotes that a P/E which is low in value will imply that investors do not have confidence with the company. On the other hand, a P/E which is high will denote that investors have confidence with the company. Investors will therefore purchase the various securities and stocks of these companies. On this note, the projected P/E ratio provides a guideline in which investors will know a company that performs well or not. However, the P/E ration has limitations. This is because the P/E ratio uses earnings as its indicator. It is important to denote it is possible to manipulate the earnings of a company. On this note, it is therefore possible to distort the P/E ratio of a company (Toporowski, 2010). However, one disadvantage of P/E is that it does not factor in the debts of the company; in fact, it only puts an emphasis on the price and market capitalization of the company under consideration. CAPE on the other hand is a technique which has the capability of predicting long term returns of a financial investment/security. However, it is unable to predict short term returns on a financial investment (Madura, 2012). Question Number Three: Grannum (2012) denotes that high frequency market leads to an increase in volatility. This in turn leads to a high liquidity in the securities market (Grannum, 2012). An increase in liquidity that is brought forth by high volatility is not a good thing for the securities market. This is because it increases speculations, which in turn will either reduce or increase the prices of the stocks or financial securities. It is important to denote that an increase in volatility increases the levels of changes of a stock. This is a conducive atmosphere for speculative trading to take place (Lee, 2011). This unpredictable change is therefore not conducive for an investor, therefore adding volatility by adding liquidity is not justified. This unpredictable change in the stock prices are brought about by speculative investor (Grannum, 2012) . It is also important to denote that fast-paced trading at the market is disadvantageous to other participants. This is because an order can be bought or sold before these people make a bid or request for the order under consideration. Flash orders on the other hand involves sending a certain stocks to certain investors such as banks, or even hedge funds before those shares are rolled out at the securities market. However, this service is controversial, with some investors accusing the stock exchanges of creating two markets, and being biased to another. They also denote that flash orders promote the trading ahead of orders by a small number of selected investors (Lee, 2011). However, it is important to denote that flash orders help to create liquidity, and they are in no means upfront trading. This is because they only last a matter of seconds, and this is enough for firms using a high frequency trading technique to respond. Flash orders are also small in number, and they cannot make any significant change in the market (Lee, 2011). Even though controversial, this technique of trading is legal under regulation 602 of stock market rules. Question Number Four: Greater openness by the Fed is a good issue, and this is because by communicating, the Fed is giving guidance to investors on how to invest, and the performance of the economy. Through better communication, the Federal Reserve will help the actors of the market to make good investments decisions, ensuring a return to their investments. Take for example when the Federal Reserve denotes that it is going to keep interests at a very low rate for a long period of time. By giving out this information, monetary organizations will be willing to lend money to people at a very lower rate (Hens and Rieger, 2010). It is important to denote that the Federal Reserve will always create some market waves through the information that they provide. This is because such kind of information will always affect the future of the countryà ¢Ã¢â€š ¬Ã¢â€ž ¢s monetary market. But, it is also important to denote that failing to provide the information under consideration will lead to uncertainties amongst investors. On this note, they will try to make their investment decisions through guesswork (Kaeppel, 2009). Hen and Rieger (2010) observe that these traders will not like it if the Federal Reserve fails to provide relevant information concerning the performance of the economy. This is because they depend on the information provided to make investment decisions (Hens and Rieger, 2010). To balance the various concerns regarding recession and inflation, the Federal Reserve should create policies that will help them monitor how people are spending their money, at the same time creating a policy that will encourage people to save some of their monies. Question Number Five: In my own opinion, the use of derivative is beneficial to the market. This is because if they are used effectively, derivatives can help investors to make profits from rate shifts in the currency exchange, changes in equity markets, and interest rates, and from changes in the international supply and demand of agricultural commodities and industrial metals. It is important to denote that there are two major benefits of derivatives, namely risk management and price discovery (Kawai and Prasad, 2011). Under price discovery, it is important to denote that the market prices of various stocks depend on the continuous movement of information. Information on factors such as debt default, refugee displacement, climatic conditions, environmental factors and political situations play a role in influencing the future prices of stocks. Information concerning these factors and the manner in which people absorb this type of information constantly affects the future price of the commodity under consideration (Sabalot, 2012). This is an aspect referred to as price discovery. It is important to denote that some derivative contracts are always based on these stocks. Another important function of the derivative market is the risk management role. Risk management refers to the process of identifying the desired and actual levels of risks, and altering the actual level of risk, to be equal to the desired level of risks. This process of risk management can fall under the categories of speculation and hedging. Hedging is referred to as a strategy or reducing risks by holding a market position. Speculation on the other hand refers to predicting the manner in which a market will move. Speculation, hedging and derivatives are an effective methods of managing risks by investors. References: Barnes, P. (2009). Stock market efficiency, insider dealing and market abuse. Farnham, Surrey, England: Gower. Grannum, S. D. (2012). Securities arbitration 2012. New York, NY: Practising Law Institute. Hens, T., Rieger, M. O. (2010). Financial economics. Berlin: Springer. Kaeppel, J. (2009). Seasonal stock market trends the definitive guide to calendar-based stock market trading. Hoboken, N.J.: John Wiley Sons. Kawai, M., Prasad, E. (2011). Financial market regulation and reforms in emerging markets. Washington, D.C.: Brookings Institution Press. Lee, R. (2011). Running the worlds markets the governance of financial infrastructure. Princeton, N.J.: Princeton University Press. Madura, J. (2012). International financial management (11th ed.). Mason, OH: South-Western, Cengage Learning. Sabalot, D. A. (2012). Butterworths securities financial services law handbook (13th ed.). London: LexisNexis. Toporowski, J. (2010). Why the world economy needs a financial crash and other critical essays on finance and financial economics. London: Anthem Press. Wieland, V. (2010). The science and practice of monetary policy today the Deutsche Bank Prize in Financial Economics 2007. New York: Springer.

Revenue-Recognition Problems in the Communications...

9-107-025 REV: AUGUST 23, 2007 PAUL HEALY Revenue-Recognition Problems in the Communications Equipment Industry On November 21, 2000, Lucent Technologies announced that it was revising its fourth-quarter results as a result of revenue-recognition problems discovered by its auditors during the year-end financial review. The revision lowered revenues by $125 million and earnings per share by 2 cents from 18 cents. In response, Lucent’s stock price fell by 16%, to $17.56. One month later, on December 22, Lucent announced that after a more comprehensive review, revenues for the fourth quarter would need to be adjusted downward by $679 million, to $8.7 billion, and that earnings per share would be revised from the initially predicted 18†¦show more content†¦In October, Richard McGinn, its chairman and CEO, was replaced by former CEO Henry Schacht. Exhibit 2 shows key news events for Lucent during 2000. Lucent attributed the revenue revisions affecting fiscal 2000 (its fiscal year ended on September 30) to a variety of factors. The initial $125 million adjustment was due to â€Å"mi sleading documentation and incomplete communications between a sales team and the financial organization with respect to offering a customer credits in connection with a software license.†1 The company stated that the recorded sale did not meet its revenue-recognition rules. As a result, one employee was fired, and disciplinary action was taken against several others. In subsequent revisions announced on December 22, Lucent took back $452 million in equipment that had been sold to systems integrators and distributors but not been passed on to customers because of their weakened financial condition. Lucent noted that in â€Å"verbal agreements† it had agreed to take back the equipment, and it resolved to fulfill this commitment to preserve customer relationships. Also, the company discovered that sales teams had verbally offered credits to customers for use at a later date to help secure fourth-quarter sales. It decided to reflect the credits as expenses in the fourth qu arter, reducing revenues by $74 million. Finally, revenue had beenShow MoreRelatedRevenue Recognition Problems in the Communications Equipment Industry1322 Words   |  6 Pagesï » ¿ Financial Reporting and Analysis – ACG6175 Date: 5/18/09 Revenue Recognition Problems in the Communications Equipment Industry 1 – In late 2000, Lucent announced that revenues would be adjusted downwards by $679 million as a result of revenue recognition problems. Yet the firms market capitalization plummeted by $24.7 billion. Why do you think the market reacted so negatively to Lucents announcements of the problems? There is usually a grey zone between aggressive accounting, whichRead MoreRevenue-Recognition Problems in the Communications Equipment Industry2492 Words   |  10 PagesRevenue-Recognition Problems in the Communications Equipment Industry 1) In late 2000, Lucent announced that revenues would be adjusted downwards by $679m as a result of revenue recognition problems. Yet the firm’s market capitalization plummeted by $24.7bn. Why do you think the market reacted so negatively to Lucent’s announcements of the problems? The large drop in market capitalization is probably due to several factors. Historically, Lucent had successfully met analysts’ projections forRead MoreLucent Case Q3 Essay663 Words   |  3 Pagesfirm is likely to face revenue recognition problems? Revenue recognition issues are the subjects of headlines in our daily newspapers, primarily because major corporations have recognized revenues that did not meet its revenue recognition rule. For businesses that use cash basis accounting, revenue recognition is a simple process; a sale equals revenue, but not for companies that use accrual basis accounting.   The more complex the business, the more specialized the industry, the more difficult theRead MoreFinancial Analysis of Cisco Systems3825 Words   |  16 PagesSystems (2005 – 2007) Document Owner(s) Elvira Solanes, Keith Allen, Sachin Yadav,Vijay Shankar, Xiaochen Wu Table of Contents Introduction 3 Company Overview 3 Financial Summary 3 Product Lines 4 Routing 4 Switching 4 Enterprise IP Communications 5 Security 5 Home Networking 5 Optical Networking 5 Storage Area Netwroking 5 Wieless Technology 5 Social Responsibility 5 Corporate Governance 6 Reporting Strategy 6 Organization Structure 6 Operating Environment 7 Risks 8 LegalRead MoreSwot Analysis : Microsoft Software1270 Words   |  6 Pagesequipped with 3D printers to produce prototypes very popular. Microsoft launched new products that their rivals can’t keep up with it. In 2004, Microsoft expressed their goals in the entertainment industry with the launch of version of Windows XP Media Center Edition 2005, suitable for many types of equipment. Subsequently, on May 5th, 2005 Microsoft launched Windows Mobile 5.0, the latest operating system for handheld devices. It was designed for next-generation smart phones, PDAs (Personal DigitalRead MoreCompanies : Profit And Nonprofit Organizations1088 Words   |  5 Pagescompanies want to survive. Small companies to huge companies all have to fight to extend their life cycles. A company’s longevity can reside solely on their ability to manage their assets, liabilities, revenue, and expenses. If a company can control and understand their assets, liabilities, revenue, and expenses than they are able to produce data statements like balance sheets and income statements. Assets is a company’s best friend, they provide the stability and resources needed to keep a businessRead More Krispy Kreme Essay examples1635 Words   |  7 Pagesbrand of high quality doughnuts, is still in a stage of astonishing growth potential. According to Dain Rauscher Wessels equity analyst David Geraty, â€Å"Krispy Kreme has established itself as the quality leader in the doughnut industry and is positioned to become the dominant industry player, with 145 retail locations in 27 states, Krispy Kreme is expected to capitalize on the brand conscious consumer’s demand for a consistent, high quality specialty food product† (Minneapolis 2000). Krispy Kreme has quicklyRead MoreCampbell Soup Company1615 Words   |  7 PagesCompany 20041794 í•Å"ìŠ ¹Ã« ¯ ¼ 20050254 ì  ´Ã­â€¢ ´Ã¬ £ ¼ 20061941 ê ¹â‚¬Ã¬  ¼Ã­Å¡Å' 20071546 ê ¹â‚¬Ã­Ëœâ€žÃ¬ §â‚¬ Contents 1. Company overview 2. Case introduction 3. Plastigon developing process 4. Problem Soultion 1. Over view Campbell soup company /2006 Revenue: $7,343million Operation profit: $1151 million Headquater: Camden, New Jersey Emloyees: 23000 people Market share: about 80% Vision: â€Å"Together we will build the world’s most extraordinary foodRead MoreHistory Of Agency / Organization : Life Time Fitness1366 Words   |  6 Pagesengagement manager and personal training department head to ensure a well-managed facility and motivated work force. The Woodlands Life Time Fitness center offers a wide variety of amenities, services, activities and events: Fitness equipment and facilities help members maintain a healthy lifestyle, lose weight or train for athletic competitions. Personal trainers are available, roughly 25 personal trainers are employed within each current Life Time Fitness center. Fitness Classes andRead MoreFord Motor Company and Penske Logistics Case Study1265 Words   |  6 Pagesaccountability procedures for real time visibility of delivery status and routing schedules for the supply chain procedures. For financial visibility, they created a new freight billing system to capture logistics costs. In addition to all of this problems and solutions, Penske wants to be the leader provider of logistics management to Ford Motor Company to be well known out there in the business and to create long lasting alliances for their future benefit. Ford is an enormous company that owns

Business Project Management German company Daimler AG

Question: Discuss about theBusiness Project Managementfor German company Daimler AG. Answer: Introduction Mercedes-Benz is one of the largest manufacturing automobile company as well as a division of German company Daimler AG. The company is well known for its luxury vehicles, coaches, buses and truck into worldwide market segmentation. Mercedes-Benz has come to the affect in 1926 and the headquarters is situated in Stuttgart Germany (Kaplan 2012). It is a first gasoline-powered automobile company in the world. The internal mission and vision statement of the company is not available publicly. There are some drives which show the value of Mercedes such as commitment of a legacy honor, considering the vision of every details and foresight of taking responsibility. As stated by Braun et al. (2016), the company maintains corporate social responsibility in environment which includes production and suppliers. The company has manufactured and assembled in across 20 countries into worldwide. It has a personal TV for customers in the company website. The company also has some strengths and weakn ess in the country. The cost of maintenance is high as well as there is a lack of capital constraints which the company is trying to reduce within the country (Benz 2013). Future Prospect of Investigation Situation Happening while Addressing new Technology According to Lagemann, Bhm and Binder (2015), in the 19th Century, the company was not so developed into worldwide. However, now the company is running well across the country but there is some issue which the company is facing to grow up in the future strategy of market segmentation. Previously there was lack of latest tools and technology by which the company had to face some difficulties in the market. Though the competition was not so high, the business had earned less profit because the concept of production was less on that time. Nowadays, the production has increased with the help of latest tools and technologies. At previous time, the company used some oldest machine by which the production was less and products are insufficient. There is an often of breakdown illustration which shows the high cost of maintenance across the country. Now the company is spreading internationally and making more profit into worldwide. Now the company is making new innovation with new and latest technology such as 3D cameras, night vision, radar and LED headlights those adjust the brightness of the car automatically. Mercedes has introduced a new S-Class car which is never launched before. Inadequacy of Existing Resource and Skills As stated by Braun et al. (2016), there is an existing resource of the company because it is running since the 19th Century. Previously there was more inadequacy of natural resource and skills because the company did not have more customers for its product. One of the basic reasons of inadequacy is the tourist customers of the company because there was a glowing influx of tourist as well as inadequate number of accommodation and Hotels. For this, more customers were not involved with the company. However, in the 21st Century, these issues are removing consistently from the company and making some fundamental approaches to reach the business at its success point. Competitors Action The company needs to maintain some constant new design for its products by which it can face challenges in the market when it becomes competitive. The company needs to have some retail consumers which can buy the products as daily basis. There are some competitive companies are also available in the marketing strategy which are also doing well business across the country such as Audi and BMW (Coad and Teruel 2012). These are the competitive companies of Mercedes. The company is now giving some design to its existing product by which it may get large segmentation of customers. In todays era, there are many challenges in the market for this the company is facing difficulties to sell its product. The company has to maintain this for well growth into global market segmentation. Unstable Situation The external environment will greatly affect business development of Mercedes in the coming future. In addition to a fluctuation in the laws, rules, taxonomy structures and regulations, the company will be significantly impacted with a re-defining of the market. An increase in pollution regulations, setting of atmospheric excretion standards and re-establishment of carbon offset rules will greatly drive the manager`s decision (Spry and Lukas 2016). Additionally, a development in the technological aspect within the country will also exert a pressure on the future progress levels. A launch of new services, automation or robotic control will help in building up new cars and further result in a brighter future. Supply Restriction Like any other company, Mercedes also is dependent on the regular supply of raw materials to ensure a smooth operation. Further, with a change in the downfall of sources there will be a vast change in framework of the firm. According to Serrano et al. (2015), apart from an additional impose of control on primary materials that will affect prices will ultimately lead to an uneven situation of the organization in the future. It is also noted that a increase in oil prices and deforestation of sources will also noticeably affect the growth of Mercedes in the coming days. Conclusion It can be observed that the consumers of the Mercedes Benz are highly satisfied with the service of the cars. The consumers, who are conscious about the brand, are willing to purchasing the cars from this organization. In addition, Mercedes Benz has a greater impact on the resale value. In this connection, it can be added that the resale price of the cars are comparatively higher than the other luxury cars due to the higher demand of the models of this definite car manufacturing company. Moreover, it can be mentioned that good communication skill with the consumers can effectively increase the sales of an organization. In this purpose, the management of the organization tried to provide training to the sale representatives, so that they can easily communicate with the consumers and can convince to the consumers to purchase cars from them. Furthermore, it can be added that Mercedes Benz has the efficient source of fund, which is provided by the Daimler Company. The investment fund is required for increasing the production. In this section, it can be mentioned that Mercedes Benz has been suffering from the slow growth. Mercedes Benz has facing a tough battle against BMW group as well as Volkswagen AG. Therefore, it can be noticed that global sales of Mercedes Benz has decreased by 19 percent from the year of 2007. Therefore, it can be mentioned that the management of the Mercedes Benz car manufacturing company requires taking some relevant marketing strategies, which can reduce the existing competition as well as can also increase the sales of the organization. The management of Mercedes Benz car manufacturing company can add some addition features in the cars and can provide this to the consumers in turn of affordable prices. Therefore, the consumers are also willing to purchase Mercedes Benz. On the other hand, it can be added that this car manufacturing company used to deliver their products to the consumers within the proposed date. As opined by Uhl and Gollenia (2016), it used to take long period t o the clients after their purchasing. Therefore, in this connection, it can be mentioned that the car manufacturing company requires delivering the cars within the proposed date. This will effectively increase the goodwill of the organization. Moreover, some of the models of this particular car manufacturing company are not easily available (Liebl 2013). Therefore, the consumers feel reluctant to buy the cars from this organization. In addition, it can be identified that the consumers sometimes require to pay a huge amount of tax in case of import of the models from outside of the country. Therefore, it can be stated that the consumers will suffer from the tax burden. After reviewing the business position of Mercedes Benz, it can be predicted that the revenue earning by the organization will be increased. In addition, it can be mentioned that the cost of production will also reduce; therefore, the profitability margin will also improve. In case of import of cars, government of a country will receive higher tax revenue from the dealers. References Benz, M., 2013. Mercedes Benz.Retrieved July,12, p.2013. Braun, T., Lckert, P., Duvinage, F. and Mackensen, A., 2016. Mercedes-Benz diesel technology OM654 near-engine-mounted SCR system for WLTP and RDE. In16. Internationales Stuttgarter Symposium(pp. 239-255). Springer Fachmedien Wiesbaden. Braun, T., Lckert, P., Duvinage, F. and Mackensen, A., 2016. Mercedes-Benz diesel technology OM654 near-engine-mounted SCR system for WLTP and RDE. In16. Internationales Stuttgarter Symposium(pp. 239-255). Springer Fachmedien Wiesbaden. Coad, A. and Teruel, M., 2012. Inter-firm rivalry and firm growth: is there any evidence of direct competition between firms?.Industrial and Corporate Change, p.dts018. Kaplan, A., 2012. design, construction and testing of the most efficient exhaust for a mercedes-benz c-class. Lagemann, I.V., Bhm, J. and Binder, S., 2015. Steel Pistons for Mercedes-Benz PC Diesel Engines Lightweight, Efficient and Sustainable.MTZ worldwide,76(6), pp.4-9. Liebl, C., 2013.Kommunikations-Controlling: Ein Beitrag zur Steuerung der Marketing-Kommunikation am Beispiel der Marke Mercedes-Benz. Springer-Verlag. Serrano, A., Faulin, J., Astiz, P., Snchez, M. and Belloso, J., 2015. Locating and Designing a Biorefinery Supply Chain under Uncertainty in Navarre: A Stochastic Facility Location Problem Case.Transportation Research Procedia,10, pp.704-713. Spry, A. and Lukas, B.A., 2016. Brand Portfolio Architecture and Firm Performance: The Moderating Impact of Generic Strategy. InLooking Forward, Looking Back: Drawing on the Past to Shape the Future of Marketing(pp. 866-867). Springer International Publishing. Uhl, A. and Gollenia, L.A., 2016.Business Transformation Essentials: Case Studies and Articles. Routledge.